Iraq Economic News and Points To Ponder Monday Morning 12-22-25

A New Drop In The Exchange Rate... The Dinar Strengthens Its Position Against The Dollar.

Economy | 21/12/2025   Mawazin News – Baghdad:   Local markets witnessed a decline in the exchange rate of the US dollar against the Iraqi dinar on Sunday. Selling centers recorded a rate of 143,000 dinars per 100 dollars, while the buying rate reached 142,000 dinars.

This decline comes within the context of daily market activity, amidst anticipation from traders regarding the outcome of government and financial measures aimed at stabilizing the currency.

Observers confirm that the price decrease reflects a relative improvement in the value of the dinar, which is expected to positively impact commercial activity and the living standards of citizens. https://www.mawazin.net/Details.aspx?jimare=271839

How Do Wars And International Trade Affect The Iraqi Economy? An Expert Explains.

Time: 2025/12/21 Reading: 60 times   {Economic: Al-Furat News} Economic expert, Rashid Al-Saadi, confirmed that wars and global trade have a significant negative impact on the Iraqi economy.

Al-Saadi explained to Al-Furat News Agency that: “The economic war between America and China leads to customs duties and restrictions on Chinese goods, and that Iraq has trade with China estimated at about $57 billion annually, and that any negative factors on the Chinese economy also affect Iraq.”

He added that "the strained relations between Venezuela and America also have an impact on the Iraqi economy," noting that all geopolitical factors affect Iraq due to the fragility of its economy and its dependence on external economic relations without alternatives or added value for goods.

Al-Saadi also pointed to "what happened in the Russian-Ukrainian crisis," explaining that "the two countries are considered the breadbasket of Iraq, which reflects the impact of global conflicts on the stability of the Iraqi economy." LINK

Kurdistan Finance Ministry To Send 120 Billion Dinars To Baghdad Tomorrow

Money and Business   Economy News – Baghdad   The Ministry of Finance and Economy of the Kurdistan Region announced that it will send 120 billion dinars to Baghdad on Monday.

The ministry stated: "We will deposit 120 billion dinars of non-oil financial revenues for last October into the account of the Federal Ministry of Finance tomorrow, Monday."    https://economy-news.net/content.php?id=63649

Industry: Signs New Contracts To Support The Oil Sector And Enhance The Capabilities Of Northern Refineries

Sunday, December 21, 2025 | Economy Number of views: 399   Baghdad / NINA / Al-Faris General Company, one of the companies of the Ministry of Industry and Minerals, announced the signing of several contracts with the North Refineries Company.

According to a ministry statement, the company's Director General, Saif Al-Din Ali Ahmed, stated that "the signing of these contracts comes within the framework of joint cooperation between government companies and is the result of Al-Faris General Company's efforts to support the oil sector."

He pointed out that the signed contracts included supplying pumps and their accessories as spare parts, supplying maintenance materials for the Qayyarah refinery furnace, in addition to establishing a cooling tower system for the Kirkuk refinery and supplying emergency pumps for the refining unit at the Salah Al-Din refinery.

He added that "the contracts also included the construction of a steam line for the North pumping and storage area/North Depot, the establishment of an electrical control valve system for all tanks along with the construction of the control system in the Sinniyah refinery section, and the design, supply, and installation of smart loading arms for petroleum products, in addition to other contracts."

He emphasized the company's ability to support the oil sector and raise the efficiency of refineries according to approved technical standards. /End    https://ninanews.com/Website/News/Details?key=1267722

Iraqi Crude Oil Ranks Third As The Largest Supplier To The United States

Economy | 21/12/2025   Mawazin News - Baghdad:  The U.S. Energy Information Administration (EIA) announced on Sunday that Iraq ranked third among the largest exporters of crude oil to the United States last week.

The EIA stated in its statistics that "U.S. crude oil imports averaged 5.675 million barrels per day (bpd) last week from nine major countries, a decrease of 132,000 bpd from the previous week's average of 5.807 million bpd."

It added that "Iraq's oil exports to the U.S. averaged 306,000 bpd, an increase of 231,000 bpd from the previous week's average of 75,000 bpd, making it the third largest supplier to the U.S. for that week."

The EIA indicated that "the largest share of U.S. oil imports last week came from Canada, averaging 4.164 million bpd, followed by Saudi Arabia at 321,000 bpd, Mexico at an average of 243,000 bpd, and Colombia at an average of 232,000 bpd."

According to the table, "U.S. crude oil imports from Venezuela averaged 193,000 barrels per day, from Brazil 184,000 barrels per day, from Ecuador 32,000 barrels per day, and from Nigeria 2,000 barrels per day, while no oil was imported from Libya last week."

The U.S. imports most of its crude oil and refined products from these ten major countries. With a daily oil consumption of approximately 20 million barrels, the U.S. is the world's largest oil consumer. https://www.mawazin.net/Details.aspx?jimare=271833

Expert: Artificial Intelligence Provides A Safe Environment For Investors In The Stock Market

Time: 2025/12/21 Reading: 30 times   {Economic: Al-Furat News} Economic expert Salah Nouri confirmed on Sunday that the use of artificial intelligence technologies in the Iraqi Stock Exchange provides a safe investment environment and protects investors from fraud and scams, while pointing out that automating trading contributes to attracting local and foreign investments.

Nouri told Al-Furat News Agency that "investment in the Iraqi Stock Exchange depends on several basic conditions to attract investors, foremost among them providing a safe environment by listing the financial statements of joint-stock companies on time," indicating that "the Securities Commission and the Central Bank of Iraq have obligated private sector banks to issue quarterly financial statements to be traded in the market."

He added that "the investment process requires careful monitoring of licensed brokerage firms, as the buying and selling of shares is carried out through them," stressing "the importance of adhering to honesty with the investor in accordance with the instructions issued by the market administration."

Nouri added that "the Financial Disclosure Department at the Securities Commission is responsible for examining financial data before approving its listing," noting that "the main goal of the market and the commission is to stimulate economic sectors by mobilizing and directing investments, stressing that the more investors are protected from fraud, the greater the demand for investment from Iraqis and foreigners."

He explained that "automating stock trading and monitoring brokerage firms facilitates trading operations quickly and securely, which is currently available in the Iraq Stock Exchange through the use of the latest software used in the Gulf markets."

The economist pointed out that "the bottom line is that the use of artificial intelligence ensures the speed of completing transactions within a few minutes, as well as enhancing protection and transparency in stock trading."  LINK

 

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

“Tidbits From TNT” Monday Morning 12-22-2025

TNT:

Tishwash:  Iraqi state-owned banks suspend operations until the beginning of next year

Iraqi state-owned banks will begin their annual inventory and audit procedures this week, which will halt their operations until the beginning of next year.

An informed source told Shafaq News Agency that "this step comes to pave the way for settling accounting holds and preparing the statistics and financial data for the past year," noting that "the work will include not promoting banking service requests and temporarily halting all banking activities during the inventory period, and this procedure is carried out annually."

The source confirmed that "banks will resume their normal operations and begin promoting banking transactions and services at the beginning of next year after completing the inventory and auditing procedures in accordance with the approved regulations  link

Tishwash:  A new shift in customs procedures is expected at the beginning of next year.

 The General Authority of Customs announced the full implementation of the advance customs declaration system at the beginning of next year, to include all imported goods and merchandise.

The Director General of the Authority, Thamer Qasim Dawood, explained in a press statement that "the Authority has begun the gradual implementation of the system, as the first phase included five basic materials: gold, mobile phones, jewelry, curtains, in addition to some other goods such as cooling devices and cars." 

He pointed out that "the period from the first until (31) of this month represents a trial phase in preparation for generalizing the system to all goods and merchandise in the federal customs centers, stressing that the Kurdistan Region of Iraq ports are temporarily excluded because they are not linked to the ASYCUDA system adopted by the Authority." 

Daoud stressed that “the electronic link between customs declarations and the Central Bank of Iraq will directly contribute to reducing currency smuggling and money transfers without corresponding goods.”  link

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Tishwash:  Financial reform in Iraq: A plan on paper or the beginning of economic change?

Amid the end of the current government's term, the latest decisions came under the title of financial reform in Iraq to reduce expenditures and maximize resources, but they face implementation challenges due to the government's limited powers, which raises questions about its ability to address deep financial imbalances and secure real economic stability before the next government takes over.

After the Iraqi government reached the end of its constitutional term, it launched a package of financial decisions under the title of “reducing spending and maximizing revenues,” without having political or time cover to ensure that they would be turned into effective policies.

These decisions, issued by a government with limited powers, are not binding on the next government, nor are they part of its program, making them closer to reforms on paper, put forward at the last minute to manage financial pressure rather than to address the roots of the crisis, amid widespread doubts about their ability to be implemented or to continue after the formation of the new government.

Decisions of the Ministerial Council for the Economy

The Ministerial Council for the Economy, during a meeting dedicated to discussing the issue of reducing spending and maximizing revenues, approved a package of decisions aimed at controlling public expenditures and strengthening the state’s financial resources.

The decisions included reviewing the allowances and salaries of the three presidencies and working to equalize them with the salaries of the Prime Minister's office staff, in addition to updating the salary scale for all state employees, based on the recommendations of the Ministry of Planning. The Council also decided to reduce the allowances for official travel for state employees by 90%, limiting such travel to cases of extreme necessity and requiring the approval of the relevant minister, as well as reducing the supervision and monitoring percentages for new projects.

Maximizing non-oil revenues

For his part, the Prime Minister’s advisor, Dr. Mazhar Muhammad Saleh, confirmed that the recent drop in oil prices to below $60 a barrel constitutes a manageable financial pressure and does not amount to a financial crisis, noting that Iraq still possesses important safety margins, foremost among them comfortable foreign reserves and public debt levels within safe limits, in addition to the continued ability to meet basic obligations, primarily salaries and service spending.

Saleh said that the continuation of global oil prices at these levels may be reflected in the 2026 budget with a manageable deficit, the size of which depends on price developments, production levels, and the extent of control over public spending.

He pointed out that fiscal policy is working to manage this deficit by rearranging priorities, maximizing non-oil revenues, and making limited use of domestic financing tools when necessary, without compromising economic stability.

Saleh added that the government adopted clear standards for reducing unnecessary spending, including reviewing the salaries and allowances of the three presidencies, and reducing foreign delegations by up to 90%, while maintaining only delegations of a sovereign and necessary nature, in accordance with the principle of justice and accountability starting from the highest level of the state.

He stressed that these measures will not affect vital investment projects or basic services for citizens, as spending related to the water, electricity, health and education sectors has been neutralized, with priority given to projects with advanced completion rates, in addition to protecting the salaries of the middle and lower segments.

He concluded by saying that the current fiscal policy is based on smart management of public spending, which maintains economic and social stability, and deals with fluctuations in oil prices as periodic challenges that require adaptation and reform, without imposing additional burdens on the citizen.

In extra time

Economic expert Ziad al-Hashemi believes that the Iraqi government is now playing for time, after the damage has been done, as he put it, and is trying to score last points in its favor by proposing a financial reform plan aimed at reducing spending and increasing revenues.

Al-Hashemi points out that “governments in various countries around the world usually present their financial programs at the beginning of their formation, to address previous imbalances, improve the quality of spending, maximize returns, and draw up a systematic and disciplined financial policy. However, what happened in Iraq was the complete opposite of that.”

Over the past four years, Al-Hashemi explains that “the government program was based primarily on expanding spending, through highly politicized financial budgets, which contributed to inflating salaries and subsidies, and piling up government employees in numbers that exceed the needs and capacity of state institutions, in addition to maximizing the financial deficit and accumulating debts, and allowing corruption to operate freely.”

He adds that all of this “happened at a time when Iraq’s financial revenues, especially oil revenues and others, were witnessing a significant decline, yet the government ignored internal warnings and international reports that repeatedly sounded the alarm, warning of the risks of inflated spending in light of deteriorating revenues, without receiving any response.”

Lost opportunities for reform

After the opportunities for reform were lost and the financial crisis worsened dangerously during the past years, Al-Hashemi points out that “the government is now emerging, at the end of its lifespan, with a financial reform plan, after the financial pressure has reached its peak, and the possible solutions are now only harsh and painful, and their impact will most likely be felt by the citizen before anyone else.”

Al-Hashemi raises questions about the mechanisms for implementing this plan, asking about “how it can be implemented by a caretaker government with limited powers, which does not have enough time to implement broad reform measures, in addition to the ambiguity of the implementing bodies, the commitment mechanisms, and the timetables, in light of the imminent formation of a new government.”

It is likely that “this move is an attempt by the government to polish its image in its final days, by announcing a financial reform plan, perhaps with the aim of encouraging political parties to reappoint the current Prime Minister and give him a chance to implement this plan.”

He concluded by saying: “In any case, the next government, whether the current Prime Minister is reappointed or another figure is chosen, will face an extremely difficult financial test, which will force it to take more harsh and painful measures, and financial austerity may be the most prominent theme for the next four years.”

Crisis management, not economic reform

For his part, academic and economic researcher Nawar Al-Saadi believes that “the real goal of these measures is not to launch a comprehensive economic reform in the strict sense, as the caretaker government lacks the political cover and sufficient time to proceed with reforms of this kind.”

Al-Saadi says that “the goal is limited to reducing the financial bleeding and containing the risks until the responsibility is transferred to the next government,” adding that these steps “carry a dual message; the first is directed to the markets and regulatory bodies, indicating that the financial situation is still under control for the time being. The second is to the next government, indicating that the margin for maneuver has become narrower than it was previously.”

Al-Saadi explains that “the problem lies in the structure of the economic decision itself. Iraq does not suffer from a lack of plans or diagnosis, but rather from a weakness of executive will and the prioritization of short-term political calculations at the expense of painful reforms.”

Al-Saadi notes that “what is happening today is more of a crisis management effort than a genuine economic reform. The recent decisions may help alleviate the immediate pressure on the treasury, but they do not address the root causes of the problem, which are the bloated public sector, the fragility of non-oil revenues, and the weakness of financial governance.”

He concluded by warning that “unless the next government moves from the logic of ‘temporary austerity’ to comprehensive structural reform, Iraq will remain stuck in the same cycle, between high spending in years of plenty and belated austerity decisions with the first tremor in oil prices.” link

Mot: . Poor ole Santa!!!! 

Mot: Asking for a Friend!!! 

FRANK26 (Opinion)….12-21-25……TRUMP’S IN CHARGE

KTFA

Sunday Night Vide

FRANK26 (Opinion)….12-21-25……TRUMP’S IN CHARGE

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=QClzwXR3s4k

Japan Lit the Fuse, the Yen Carry Trade Unwind will Crash the US Economy

Japan Lit the Fuse, the Yen Carry Trade Unwind will Crash the US Economy

Lena Petrova:  12-21-2025

In a significant move that is sending shockwaves across the globe, the Bank of Japan has raised its benchmark interest rate for the first time in three decades.

The 25 basis point increase to 0.75% may seem like a modest adjustment, but it marks a pivotal shift in the global financial landscape.

As we explore in this blog post, this change signals the end of Japan’s ultra-low interest rate era and the beginning of a tightening cycle that is likely to have far-reaching consequences.

For nearly 30 years, Japan’s near-zero interest rates enabled the yen carry trade, a strategy where investors borrowed cheap yen to invest in higher-yielding assets worldwide. This fueled risk-taking and liquidity in global markets, as investors sought to capitalize on the interest rate differential.

However, with the Bank of Japan’s decision to raise interest rates, the yen carry trade is now under threat. A strengthening yen and rising Japanese rates are making it more expensive to borrow yen, forcing investors to reassess their strategies.

The implications of this shift are complex and multifaceted. As Japan is the largest foreign holder of U.S. Treasury debt and holds trillions in overseas investments, the carry trade unwind could have significant repercussions for global markets, particularly in the United States.

 Rising Japanese yields may prompt the repatriation of funds, creating ripple effects across global asset markets. This could lead to a decrease in liquidity, potentially destabilizing markets and impacting asset prices.

A stronger yen is also likely to pose challenges for Japanese exporters like Toyota and Sony, as their products become more expensive in international markets.

Moreover, emerging market currencies that benefited from yen-funded carry trades are already showing signs of stress. As the carry trade unwinds, these currencies may face further pressure, potentially leading to instability in emerging markets.

While this is not an immediate crisis, the Bank of Japan’s tightening marks a regime shift that could pose a greater threat to U.S. equities and global financial stability than Federal Reserve policy.

The scale and interconnectedness of Japan’s financial footprint make this a development that investors and observers cannot afford to ignore. As the carry trade unwinds and markets adjust to a new era of higher Japanese interest rates, it is essential to monitor the evolving situation closely.

In conclusion, the Bank of Japan’s decision to raise interest rates is a significant turning point in the global financial landscape.

As the yen carry trade unwinds and markets adjust to a new reality, investors and observers must remain vigilant. To stay ahead of the curve, it is crucial to continue monitoring the situation and adjusting strategies accordingly.

https://youtu.be/1NX9hvy4XH0

“Iraq News” Posted by Clare at KTFA 12-21-2025

KTFA:

Clare: Sudani: We Have Proven Iraq’s Sovereignty to the International Community

12/20/2025

Iraqi Prime Minister Mohammed Shia Sudani said on Saturday that Iraq has achieved significant political and security victories in recent years and has proven its sovereignty to the international community.

"We have achieved major political and security successes, with recognition from the United Nations and the international community,” Sudani said, stressing the importance of resolving issues in accordance with the constitution and through national decisions.

He added, "We have proven to the international community that Iraq is a sovereign country, and we will continue to work within the framework of the Iraqi constitution.”

Regarding the completion of the United Nations Assistance Mission for Iraq (UNAMI), Sudani said the end of the mission reflects the success of Iraq’s programs and plans across most political and security fields.   LINK

Clare: The President calls for proceeding with the formation of a government that represents all Iraqis.

12/20/2025 - Baghdad

On Saturday, President Abdul Latif Rashid called for proceeding with the formation of a government that represents all Iraqis.

Rashid said during the memorial ceremony held by the National Wisdom Movement in the capital, Baghdad, on the anniversary of the assassination of Muhammad Baqir al-Hakim, head of the Supreme Islamic Council in Iraq, which was followed by Shafaq News Agency, that “Iraq has overcome the difficult stages after years of violence and terrorism, and before that the period of tyranny, and today we have reached a state of security and stability, and everyone should work to maintain it.”

He added that "our people have completed successful parliamentary elections, through which they have demonstrated their commitment to the principles of democracy, while pivotal milestones for the formation of the legislative and executive authorities loom before everyone."

Rashid stressed that "establishing the democratic process is a national duty, which is achieved through adherence to constitutional timelines," calling for "joining efforts and proceeding with the formation of a government that represents all Iraqis."  LINK

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Clare:  Chief Justice: The first session of the new parliament cannot be postponed or extended.

12/20/2025

The head of the Supreme Judicial Council, Faiq Zaidan, confirmed on Saturday that the first session of the new House of Representatives, scheduled for December 29, 2025, must decide on the appointment of the Speaker of the Council and his two deputies, and it is not permissible constitutionally or legally to postpone or extend it.

This came during a meeting between Faeq Zaidan, head of the Patriotic Union of Kurdistan party, and Bafel Talabani, according to a statement from the Supreme Judicial Council.

The Judicial Council stated in a statement received by Shafaq News Agency that "the meeting emphasized the importance of respecting the constitutional timelines for electing the three presidencies, in order to ensure the completion of the formation of the legislative and executive authorities."

Faiq Zaidan explained that "the first session of the new House of Representatives on December 29 must end with the appointment of the Speaker of the House and his two deputies, and it is not constitutionally or legally possible to postpone or extend it."

Zidan also stressed the importance of "deciding on the nomination of the candidate for the presidency of the republic within the constitutional period of thirty days after the election of the Speaker of Parliament on the 29th of this month."

The National Political Council, which includes the Sunni forces that won the elections, is witnessing rapid political activity to announce the nomination of a candidate for Speaker of Parliament, through meetings described as positive that discussed the files of the Parliament’s presidency and the rights of the Sunni component.

This comes in parallel with the moves of the Shiite Coordination Framework, which affirmed its commitment to the constitutional deadlines and to resolving the nomination of the Prime Minister within two weeks.

President Abdul Latif Jamal Rashid had set December 29 as the date for the first session of the Iraqi parliament.   LINK

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Clare:  Warning against using it to address the financial deficit... Economic Observatory: Iraq's gold reserves at their highest levels

12/20/2025  Baghdad  –

An economic observatory announced on Saturday that Iraq's gold reserves have reached a record high of approximately $23.064 billion, while simultaneously warning against using or disposing of them to address the country's financial deficit.

The observatory stated in a report that "Iraq purchased approximately 8.2 tons of gold during 2025, bringing the total reserve to 170.9 tons." The report further explained that "this increase was distributed as follows: one ton in March, 1.6 tons in June, 3.1 tons in July, and 2.5 tons in August."

The report indicated that "the total reserve of 170.9 tons is currently equivalent to $23.064 billion, the highest level of gold reserves in Iraq's history."

The observatory attributed "this significant increase to the rise in global gold prices, and not to the volume of purchases made during 2025," explaining that "recent purchases represent approximately 6.4% of the total reserves since the beginning of this year."

The observatory warned against "any manipulation or misuse of gold reserves to cover financial deficits, whether through selling a portion of them or investing them in high-risk ventures," emphasizing that "gold is a sovereign asset dedicated to supporting financial stability, not to generating immediate revenue."  LINK

Clare:  SOMO: The oil agreement between Baghdad and Erbil will be renewed

12/20/2025

The deputy director of SOMO announced that there are no problems with the oil agreement between Erbil and Baghdad, and it will be renewed.

Hamdi Shenkali, deputy director of the Iraqi Oil Marketing Company (SOMO), stated today regarding the oil agreement between Erbil and Baghdad and its expiration at the end of this month: "The agreement will be renewed and there is no problem with it. Kurdistan Region oil will continue to flow as it is. Currently, exports have exceeded 200,000 barrels per day, and God willing, the quantity of exports will increase even more."

Regarding the duration of the agreement, he said: "The agreement was set for a period of three months and ends on December 31, but in accordance with the budget law and to ensure continuity, it will be renewed later until the problems are fully resolved."

He noted that Kurdistan Region oil is currently being delivered to the Iraqi Oil Ministry in Fishkhabur, which in turn transports the oil via pipeline to the port of Ceyhan.   LINK

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Clare: First comment from the Sudanese regarding the dollar exchange rate

 12/16/2025- Baghdad

Prime Minister Mohammed Shia Al-Sudani confirmed on Tuesday (December 16, 2025) that changing the dollar exchange rate falls within the exclusive powers of the Central Bank of Iraq.

In a televised interview followed by “Baghdad Today”, Al-Sudani said: “Changing the dollar exchange rate is the sole prerogative of the Central Bank of Iraq,” stressing that “the government has managed to reduce the gap in the exchange rate between the official and parallel rates,” indicating the government’s success in reducing the gap in the exchange rate.

Al-Sudani added: “We currently tend to maintain stability by fixing the exchange rate and not changing it from time to time to ensure market stability,” noting that “the government strongly supported correcting the conditions of private banks in order to bring them back into the market and to operate within international standards.”  LINK

Are $2k Tariff Checks Coming Soon? Why Americans Have Mixed Feelings.

Are $2k Tariff Checks Coming Soon? Why Americans Have Mixed Feelings

Christopher Cann, Trevor Hughes, Phaedra Trethan, Eduardo Cuevas, Alysa Guffey and Daniel de Visé, USA TODAY NETWORK  Updated Sat, December 20, 2025

For the last year, Ruby and Nathaniel Jumper have tried saving up for a cross-country move.

The couple living in Mercedes, Texas, decided in January to relocate to Tennessee for better work opportunities and a bigger apartment for their family. But bills, surprise expenses and the high cost of groceries have set them back over and over again.

“It’s been rough, honestly,” said Ruby Jumper, adding that the financial squeeze meant hard decisions this holiday season. "Usually they get three or four gifts," she said, speaking about her three children, ages 17, 11 and 8. "This year they're only going to get one."

As the Jumpers stow away money when they can, they're closely watching one idea being floated in Washington: $2,000 rebate checks.

In recent months, President Donald Trump has repeatedly previewed the idea of a tariff dividend that would hand thousands of dollars to lower- and middle-income Americans, paid for by money brought in by his global import taxes.

The idea, which comes as polls show Americans increasingly souring on Trump's handling of the economy, faces longshot odds from bettors, logistical hurdles in Congress and angst from some economists.

Over the 2025 holiday season, USA TODAY Network journalists spoke with holiday shoppers across the country about the prospect of a tariff rebate in 2026 and what $2,000 would mean to them.

For many, the idea stirred thoughts of catching up – of paying bills, of regaining financial security they'd recently lost. Buying gifts, they said, was just another reminder that a dollar doesn't buy what it used to.

"Prices are just exorbitant," said Andrei Thies in Milwaukee, adding that she's buying fewer Christmas gifts than usual for her family.

"The cost of things is just insane."

Will Americans get $2,000 checks in 2026?

Trump has repeatedly floated the rebates as a way to put money in wallets at a time when Americans are struggling with years of cumulative inflation. But the idea, which hasn't been fleshed out into a detailed plan, faces an uncertain future.

Multiple independent reports have concluded that the money collected in tariff revenue won’t be enough to fund sweeping rebate checks.

The nonpartisan Tax Foundation, for example, said the checks would cost the government $279.8 billion to $606.8 billion, depending on who gets them. That’s more than the $158.4 billion the tariffs will generate in 2025, the nonprofit found.

Economists have also raised concerns that the tariff dividend could contribute to a rise in inflation, as the COVID stimulus checks did. And on Capitol Hill, the idea of rebate checks have been met with lukewarm responses, even from some Republicans.

“I think it’s an idea that needs to be fleshed out,” Rep. Ryan Zinke, R-Montana, told Politico this month. “We’re $36, $37 trillion in debt. To me, I think our bus is full. If you want to add something, then take something off the bus. That’s just me.”

In a statement, White House spokesperson Kush Desai said, "The Administration is committed to putting the federal government’s historic tariff revenue to good use for the American people."

TO READ MORE:  https://www.yahoo.com/news/articles/2k-tariff-checks-coming-soon-110250769.html

Trump Plans $2,000 Direct Payments to Americans Using Tariff Revenue Instead of Debt

Trump Plans $2,000 Direct Payments to Americans Using Tariff Revenue Instead of Debt

David Beren  Sat, December 20, 2025

On November 9, 2025, President Trump proposed a new round of direct payments to all American taxpayers, similar to those made during COVID. However, this time these paychecks would be funded by tariff revenue, and the plan was for all qualifying Americans to receive $2,000, although high earners would not be eligible, a plan that immediately drew comparisons to pandemic paychecks in 2020 and 2021.

The political appeal of such a move is pretty obvious, as making a direct payment is easy for all Americans to understand. Better yet, a $2,000 check could immediately help middle- and lower-class households already struggling with rising costs across the board. However, the COVID stimulus was a response to a sudden economic collapse, and this proposal would come at a time when the economy is stronger and unemployment, though rising, is still low.

Quick Read

• Trump proposed $2,000 payments funded by tariff revenue instead of deficit spending.

• A family spending $30,000 on tariffed goods could face $3,000 in higher annual costs.

• Tariffs create supply-side inflation that the Fed cannot moderate through interest rates.

• If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to learn more here

From COVID Relief to Tariffs: The New $2,000 Stimulus Check Proposal

This $2,000 proposal is very similar to the scenario a few years ago, where you would look at qualifying taxpayers who might be eligible for the $2,000 payment. The exact amount would understandably vary based on both income and household size, while high earners, though it wasn't clear exactly what a high earner would be, would be excluded.

So far, this all seems comparable to the pandemic, but the big difference is how this program would be funded, as the COVID stimulus was deficit-financed, which meant the national debt increased without a specific revenue source to fund it. Alternatively, you would see this $2,000 payment be funded by import duties collected from goods entering the US from countries like China, across Europe, and other trading partners.

As far as the political side of this conversation, it's straightforward in that the Trump Administration can argue that other countries are paying for American stimulus through tariffs and turning trade policy directly into financial relief for hard-working families. This would reframe the conversation around tariffs from a potential economic drag to a benefit.

Speaking of benefits, a $2,000 check is no doubt going to provide relief by helping to pay off credit card debt, build savings, or fund a variety of spending options. If you are a family living paycheck to paycheck, this money can't arrive soon enough, and since it would show up as a direct payment, it would just show up one day.

Analyzing the Short-Term Benefits vs. Backfire Risks

TO READ MORE:  https://www.yahoo.com/finance/news/trump-plans-2-000-direct-173214214.html

The CBI is Reducing Circulation of the IQD

The CBI is Reducing Circulation of the IQD

Edu Matrix:  12-21-2025

In a significant development that underscores Iraq’s commitment to economic stability and long-term growth, the Central Bank of Iraq (CBI) has reported a 5.5% decline in the Iraqi dinar currency supply during the third quarter of 2025.

This reduction, which brought the total currency in circulation down to approximately 99.68 trillion dinars (equivalent to about 76.1 billion US dollars), is being hailed as a positive signal for the Iraqi dinar’s future value and a promising indicator for investors holding IQD assets.

At first glance, a contraction in currency supply might seem counterintuitive to growth. However, as experts analyze the implications of this move, it becomes clear that this deliberate action by the CBI is a strategic step towards strengthening the Iraqi economy.

The core rationale behind this decision is rooted in fundamental economic principles: reducing the money supply helps lower inflation and stabilize prices. These are key factors that international investors and financial institutions closely scrutinize when assessing the strength and potential of a currency.

Iraq’s decision to tighten its monetary supply is a clear indication of serious long-term economic planning rather than a short-term political maneuver or speculative hype.

By making the Iraqi dinar scarcer, Iraq is effectively increasing its value potential. This move aligns Iraq’s currency management with best financial practices observed in stable economies such as the US, Eurozone, and UK, where controlling inflation and maintaining currency stability are paramount.

The implications of this development are multifaceted. Firstly, it signifies that Iraq is on the right path to rebuilding its currency’s foundation, a crucial step towards sustainable appreciation and economic stability.

While immediate gains for investors should not be expected, the disciplined monetary approach adopted by the CBI lays the groundwork for the dinar’s eventual revaluation and increased credibility on global markets.

For investors holding IQD assets, this news is particularly significant. It indicates a potential for long-term growth and stability, factors that are essential for informed investment decisions.

 The reduction in currency supply, while not an immediate catalyst for rapid appreciation, is a foundational step towards creating a more stable and attractive investment environment.

In conclusion, the CBI’s decision to reduce the Iraqi dinar currency supply is a strategic move that underscores Iraq’s commitment to economic reform and stability.

As the country continues on this path, aligning its monetary policies with international best practices, the potential for the Iraqi dinar to gain strength and credibility on the global stage increases.

https://youtu.be/anYM0sE-wYE

News, Rumors and Opinions Sunday 12-21-2025

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 Sun. 21 Dec. 2025

Compiled Sun. 21 Dec. 2025 12:01 am EST by Judy Byington

Sat. 20 Dec. 2025: BREAKING TIER 4B SIGNALS EMERGE AS EXCHANGE ACTIVITY QUIETLY BUILDS …Ariel on Telegram

Reports are rapidly circulating that Tier 4B currency exchanges may be quietly moving into an active phase across the United States.

Holders of the Iraqi dinar and Vietnamese dong are describing unusual activity inside banks and exchange locations, including private appointment scheduling, brief flashes of live rates on internal terminals, and the sudden introduction of NDA protocols. While no official confirmation has been issued, the consistency of these reports is drawing serious attention.

What separates this moment from past rumor cycles is pattern alignment. Independent sources, unknown to each other and operating in different regions, are reporting the same developments at the same time.

Banks are allegedly preparing private exchanges, redemption centers are said to be on operational alert, and internal systems appear to be recalibrating. This convergence suggests preparation, not coincidence.

Multiple accounts claim participants are being asked to sign strict non disclosure agreements before proceeding. That level of confidentiality would be expected in a sensitive, high impact financial event designed to remain invisible to the public until stability is ensured.

Insiders emphasize that any rollout would be tightly controlled and deliberately quiet.

Additional reports point to redemption centers receiving readiness briefings and internal confirmations.

Temporary rate placeholders and short lived rate flashes inside banking systems are being interpreted as test integrations or dry runs. These signs indicate infrastructure testing rather than a public launch, consistent with a phased deployment model.

Financial observers believe any exchange process would unfold in controlled waves, starting with small groups to avoid disrupting markets. Behind the scenes, test transactions and authentication procedures are reportedly underway, including advanced scanning tools to verify currency legitimacy and prevent fraud.

Caution remains essential. Without official statements or verifiable public data, these developments remain unconfirmed. Skepticism is healthy in this space.

Still, for long time holders watching closely, the alignment of signals, timing, and preparation suggests something is moving. Quietly. Deliberately. And closer than before.

Read full post here:  https://dinarchronicles.com/2025/12/21/restored-republic-via-a-gcr-update-as-of-december-21-2025/

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

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

Frank26   Feel good because it's not a secret.  Everybody knows.  What I find interesting is only a small percentile of the United States of America's population knows about the Iraqi dinar.  Only a small percentile.  I can't help but to wonder who are the people that have dinars...

Militia Man  Iraq's currency revolution...We're going into a different world with the Iraqi dinar and we're going into a different  world with the globe.  We know we have tokenized currencies that are coming.  We've seen executive orders being placed and those things should be taken seriously.

Mnt Goat   Article:  “A PRESIDENTIAL DECREE SETS THE 29TH OF THIS MONTH AS THE DATE FOR THE FIRST PARLIAMENTARY SESSION”   We are told today that parliament will begin its first session on December 29th. WOW! That is very close...So, we see parliament will begin within the window for the early January CBI target. We also know that the new president of Iraq must then be announced and he will eventually introduce the new prime minister.

Game Over: Physical Markets Take Over | Bill Holter

Liberty and Finance:  12-21-2025

Bill Holter returns to Liberty and Finance for a wide ranging 2025 year in review and a sobering look ahead to 2026, covering debt expansion, credit market risks, and the accelerating breakdown of confidence in fiat currencies.

Known as Mr. Gold, Holter explains why gold and silver were among the top performers of 2025 and why he believes the transition from paper markets to physical, cash based markets is now well underway.

He details the implications of global backwardation, shrinking exchange inventories, and why a failure to deliver could permanently shatter confidence in futures markets like COMEX and LBMA.

Holter also addresses unusually low premiums in pre-33 gold and constitutional silver, warning viewers about predatory pricing while outlining why these assets may prove especially valuable in times of financial stress.

 Finally, he shares his outlook for 2026, cautioning that an unwind of the credit markets could mark a decisive and volatile phase in the ongoing monetary reset.

INTERVIEW TIMELINE:

 0:00 Intro

3:30 Backwardation

7:22 Paper vs physical markets

14:55 Pre-33 gold & junk silver

26:53 Banking system

28:15 IRA counterparty risk

30:56 2026 forecast

37:11 BillHolter.com

https://www.youtube.com/watch?v=wtDh4InvUiw

Seeds of Wisdom RV and Economics Updates Sunday Morning 12-21-25

Good Morning Dinar Recaps,

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:

• No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.     Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

How a Currency Really Revalues — The Structure Behind the Shift
Why monetary change follows infrastructure, not speculation

Overview

• Currency revaluation is a legal and structural process, not a market event driven by hype or rumors.

• Central banks must first establish authority, infrastructure, and asset backing before any meaningful value change occurs.

• Markets respond last, once systems, policy, and settlement mechanisms are fully aligned.

Key Developments

• Legal authority is foundational, requiring central banks to maintain clear control over monetary policy and exchange-rate regimes.

• Modern settlement infrastructure is mandatory, including real-time gross settlement systems and cross-border messaging networks.

• Reserves and assets underpin stability, with foreign exchange reserves, gold, commodities, and trade flows supporting any new valuation.

• Market structures are adjusted gradually, using managed pegs, controlled floats, or phased liberalization to prevent shock.

• Policy signaling precedes price movement, ensuring markets react only after structural readiness is complete.

Why It Matters

Understanding how currencies truly revalue separates systemic reality from speculative narratives. Monetary value changes only after legal authority, settlement capability, asset backing, and market structure are aligned — reinforcing that sustainable currency shifts are engineered processes, not spontaneous events.

Why It Matters to Foreign Currency Holders

Foreign currency holders who understand structural sequencing are better positioned to recognize real monetary change versus noise. Value shifts occur after infrastructure and policy alignment, meaning informed holders can distinguish genuine transitions from premature market speculation.

Implications for the Global Reset

• Pillar: Monetary Infrastructure First
  Settlement systems, legal frameworks, and reserves must be established before any currency value adjustment.

• Pillar: Controlled Market Transition
  Gradual structural alignment prevents volatility while enabling long-term monetary realignment.

This is not just theory — it’s how currencies change value in the real system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Bank for International Settlements (BIS) – Global settlement and financial stability

• International Monetary Fund (IMF) – Exchange Rate Regimes Factsheet

• ISO – ISO 20022 Payments Standard

• SWIFT – ISO 20022 Overview

~~~~~~~~~~

Foundation Before Revaluation: Why Structure Comes First
Silence signals system readiness — not delay

Overview

• Currency revaluation cannot occur without legal, technical, and financial foundations fully resolved.

• Unresolved ownership claims, broken settlement rails, or unclear authority prevent value movement.

• Periods of silence often reflect intensive behind-the-scenes alignment, not inactivity.

Key Developments

• Legal and trust frameworks are being finalized, clarifying ownership of land, water, minerals, and sovereign assets.

• Legacy payment systems are being replaced, as digital settlement infrastructure undergoes ISO 20022 migration and cross-border testing.

• National balance sheets are being restructured, including debt recalibration, asset valuation, and reserve realignment.

• Jurisdictional authority is being clarified, ensuring lawful control over monetary policy before repricing occurs.

• Compliance and verification processes are advancing quietly, reinforcing systemic credibility ahead of any value adjustment.

Why It Matters

Currency value cannot move on unstable ground. Repricing without verified assets, compliant settlement systems, and clear legal authority would invite systemic risk and loss of confidence. History shows that durable monetary change only follows complete structural readiness.

Why It Matters to Foreign Currency Holders

For currency holders, understanding sequence is protection. Revaluation is the final step — not the beginning. Signals of real progress include trust settlements, asset verification, ISO upgrades, and payment system testing. Recognizing these markers helps distinguish real preparation from speculation.

Implications for the Global Reset

• Pillar: Structural Integrity First
  Legal clarity, asset verification, and settlement reliability must precede any currency adjustment.

• Pillar: Quiet Completion
  The reset advances through compliance and coordination, not public announcements or speculative timelines.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Bank for International Settlements (BIS) – Financial Market Infrastructure & Stability

• SWIFT – ISO 20022 Standards

• Federal Reserve – ISO 20022 Transition for Fedwire

• International Monetary Fund (IMF) – Sovereign Debt Factsheet

• World Bank – Land and Asset Governance

~~~~~~~~~~

Signs the System Is Ready: How to Recognize Real Monetary Readiness
What preparedness looks like before value can move

Overview

• True monetary readiness shows up in systems, not headlines, and is visible only after foundational work is complete.

• Technical, legal, and settlement signals emerge quietly once alignment reaches final stages.

• Markets react last, after readiness is verified and operational.

Key Developments

• Payment systems complete ISO 20022 migrations, enabling structured data, compliance controls, and cross-border interoperability.

• RTGS and cross-border settlement testing concludes, confirming real-time clearing and liquidity management.

• Central banks finalize reserve positioning, balancing gold, FX, commodities, and trade-backed assets.

• Legal authority and jurisdictional clarity are publicly affirmed, removing ambiguity over monetary control.

• Trusts, asset registries, and custodial frameworks are validated, enabling tokenization and transparent ownership.

• Quiet coordination replaces public messaging, signaling that implementation—not debate—is underway.

Why It Matters

Readiness is not announced—it is observed. When systems are fully aligned, risk is minimized and confidence is restored. These signals confirm that monetary architecture is capable of supporting value at a new level without disruption, speculation, or systemic shock.

Why It Matters to Foreign Currency Holders

Currency holders who understand readiness markers avoid emotional decision-making. Operational signals—such as settlement readiness, asset verification, and reserve alignment—indicate proximity to real change. Awareness protects against misinformation and premature expectations.

Implications for the Global Reset

• Pillar: Operational Completion
  Functional settlement, verified assets, and compliant systems confirm that preparation has moved from planning to execution.

• Pillar: Market Confidence Restoration
  Silent readiness stabilizes expectations and ensures value movement occurs smoothly once triggered.

This is not speculation — it’s how readiness reveals itself in the real system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Bank for International Settlements (BIS) – Financial Market Infrastructure and Settlement Systems

• SWIFT – ISO 20022 Standards and Migration

• International Monetary Fund (IMF) – Exchange Rate Regimes and Monetary Frameworks

• Federal Reserve – Payment Systems and Settlement Infrastructure
  

~~~~~~~~~~

What Triggers the Final Shift: When Systems Move From Ready to Live
The precise moment structure becomes value

Overview

• The final monetary shift is triggered by system activation, not announcements.

• Once global payment infrastructure, legal authority, and reserves are synchronized, execution follows quietly.

• Markets respond only after systems are live, compliant, and irreversible.

Key Developments

• Global payment systems complete ISO 20022 migration milestones, enabling full interoperability, compliance messaging, and structured data exchange.

• RTGS systems move from parallel testing to live-only operation, signaling readiness for real-time settlement at scale.

• Cross-border corridors activate synchronized settlement windows, reducing FX risk and settlement delays.

• Central banks finalize reserve and liquidity positioning, ensuring balance sheets can support adjusted valuations.

• Policy frameworks shift from guidance to execution, allowing settlement, pricing, and valuation mechanisms to function without intervention.

• Legacy support systems are retired, confirming that rollback is no longer required.

Why It Matters

The final shift occurs when systems no longer need supervision or explanation. Once payment rails, legal authority, and reserves are aligned and operational, value can move safely. This protects markets from shock, preserves confidence, and ensures stability during transition.

Why It Matters to Foreign Currency Holders

For currency holders, the trigger is not news—it is confirmation. Live settlement, completed migrations, and operational silence indicate that the system is executing as designed. Those watching infrastructure rather than headlines recognize real change when it happens.

Implications for the Global Reset

• Pillar: Execution Over Announcement
  The reset finalizes through system activation, not public declarations or speculative timelines.

• Pillar: Irreversible Infrastructure
  Once global payment rails are live and legacy systems are retired, monetary structure becomes permanent.

This is not a prediction — it’s how the final shift is triggered in the real financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Bank for International Settlements (BIS) – Financial Market Infrastructure and Settlemen

• SWIFT – ISO 20022 Migration and Global Adoption

• Federal Reserve – Fedwire Funds Service ISO 20022 Transition

• European Central Bank – TARGET Services and RTGS Infrastructure

• International Monetary Fund (IMF) – Monetary Policy Frameworks

~~~~~~~~~~

The Difference Between Ready and Irreversible
Why global systems wait to lock execution until rollback is impossible

Overview

• Ready means infrastructure, regulations, and reserves are prepared but still reversible.

• Irreversible begins only when legacy systems are retired and live execution is exclusive.

• Markets do not react to readiness; they react to lock-in.

Key Developments

• ISO 20022 migrations reach operational readiness, but global systems still allow limited fallback paths.

• RTGS platforms operate in real time, yet some jurisdictions maintain parallel contingency modes.

• Cross-border settlement corridors exist, though not all are synchronized into unified execution windows.

• Regulatory frameworks are written and aligned, but final legal clarity in key jurisdictions remains pending.

• Central bank reserves are positioned, without being forced into live deployment.

• Legacy systems remain on standby, preserving reversibility.

Why It Matters

Readiness signals preparation; irreversibility signals commitment. Financial systems only reprice when rollback is no longer supported. Until execution becomes exclusive—without exemptions, extensions, or explanations—markets remain anchored to the old framework. The final shift occurs when structure, law, and liquidity move together with no safety net.

Why It Matters to Foreign Currency Holders

Foreign currency holders are not waiting for headlines—they are watching for permanence. Live-only settlement, retired legacy rails, and legal authority that no longer requires interpretation are the true indicators. Value adjusts when systems must operate forward, not when they can.

Implications for the Global Reset

Pillar: Exclusivity of Execution
The reset locks when new systems are the only systems permitted to function.

Pillar: Removal of Rollback
Irreversibility is achieved when legacy support is formally retired and cannot be reinstated.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Bank for International Settlements – “Principles for Financial Market Infrastructures”

• SWIFT – “ISO 20022 Migration and Global Adoption”

• Federal Reserve – “Fedwire Funds Service ISO 20022 Transition”

• European Central Bank – “TARGET Services and RTGS Infrastructure”

• International Monetary Fund – “Monetary Policy Frameworks and Financial Stability”

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Sunday Morning 12-21-25

For The Second Year In A Row, Iraq Is Outside The Top 20 Countries Holding These US Bonds

Saturday, December 20, 2025 15:57 | Economy Number of views: 139  Baghdad/ NINA / The US Treasury announced that Japan and the United Kingdom, the two largest holders of US Treasury securities, increased their holdings, while China reduced its holdings. The Treasury also noted that two Arab countries were among the top 20 holders.

In its latest 2025 report, the Treasury stated that Japan and the United Kingdom increased their holdings of US Treasury securities to $1.2 trillion and $877 billion respectively in October, while China reduced its holdings to $688 billion from $700 billion.

The report added that Saudi Arabia and the United Arab Emirates were among the top 20 holders of US Treasury securities, with holdings of $134 billion and $110 billion respectively. It further noted that Iraq remained outside the top 20 holders of these securities for the second consecutive year.

She pointed out that: "The total value of bonds held by countries worldwide reached $9.242 trillion.

It is worth noting that Iraq holds approximately $32 billion in US bonds, which are considered part of the country's reserve investments." /End 7.   https://ninanews.com/Website/News/Details?key=1267660

The Prime Minister Affirms The Government's Support For Automation And Digital Transformation Projects

Saturday, December 20, 2025 | Politics Number of views: 121  Baghdad/ NINA /Prime Minister Mohammed Shia al-Sudani affirmed the government's support for projects employing automation and digital transformation to serve scientific research and document preservation.

His media office stated in a press release that Prime Minister Mohammed Shia al-Sudani inaugurated the Iraqi Digital Library project in Baghdad on Saturday.

In his address, al-Sudani emphasized that the project represents a significant scientific edifice serving the present and paving the way for future knowledge by making documents and information available in a digitally archived, reliable, and easily accessible format.

The Prime Minister explained that the library will preserve Iraq's human output in all its intellectual, scientific, cultural, literary, and media dimensions, serving researchers and students by converting it into a comprehensive digital system using the latest internationally recognized equipment and technologies.

The statement further clarified that the Digital Library project is a pioneering initiative, being the first of its kind in Iraq, the seventh globally, and the third in the region. It was designed according to international standards, and preparations are currently underway to launch the second phase of the project, which involves equipping the library with the necessary digital transformation equipment.   https://ninanews.com/Website/News/Details?key=1267689

Iraq's Imports Exceeded $60 Billion In Nine Months.

Money and Business  Economy News — Baghdad   The Central Bank of Iraq announced on Saturday that Iraq's imports up to September of last year, 2025, amounted to more than $63 billion.

The bank said in a statistic that “Iraq’s imports for the first nine months, from the beginning of January until September, amounted to $63 billion and 93 million,” indicating that “the imports included imports of the government sector and the private sector.”

He added that "government sector imports amounted to $5 billion and 350 million, while private sector imports amounted to $57 billion and 743 million."

She pointed out that "government imports included consumer imports, capital imports, oil product imports, and other government imports," while "private sector imports included consumer imports and capital imports."
https://economy-news.net/content.php?id=63605

SOMO: The Oil Agreement Between Baghdad And Erbil Will Be Renewed

Energy   The deputy director of SOMO announced that there are no problems with the oil agreement between Erbil and Baghdad, and it will be renewed.

Hamdi Shenkali, deputy director of the Iraqi Oil Marketing Company (SOMO), stated today regarding the oil agreement between Erbil and Baghdad and its expiration at the end of this month: "The agreement will be renewed and there is no problem with it. Kurdistan Region oil will continue to flow as it is. Currently, exports have exceeded 200,000 barrels per day, and God willing, the quantity of exports will increase even more."

Regarding the duration of the agreement, he said: "The agreement was set for a period of three months and ends on December 31, but in accordance with the budget law and to ensure continuity, it will be renewed later until the problems are fully resolved."

He noted that Kurdistan Region oil is currently being delivered to the Iraqi Oil Ministry in Fishkhabur, which in turn transports the oil via pipeline to the port of Ceyhan.     https://economy-news.net/content.php?id=63614

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