Debt Crisis Triggering Monetary Revolution?

Debt Crisis Triggering Monetary Revolution?

WTFinance:  1-9-2026

As we approach 2026 and beyond, the global economic and financial landscape is undergoing a significant transformation.

According to Jeff Park, CIO at ProCap Financial, the traditional US-led Washington Consensus, which has dominated global monetary policy and geopolitics since World War II, is in decline or potentially dead.

In a recent conversation, Park outlined the key drivers of this shift, including geopolitical realignments, trade imbalances, and the rise of new technological forces such as AI.

The Washington Consensus, which has underpinned the global economic order for decades, is being challenged by a complex mix of factors. The changing role of the US dollar, trade tensions between the US and China, and the emergence of new technologies are all contributing to a rapidly evolving landscape.

As Park notes, these changes are ushering in a new era of “ideological investing,” where market movements and investment decisions are increasingly influenced by policy shifts, geopolitical events, and cultural trends rather than purely economic fundamentals.

In this new environment, investors must navigate a complex web of factors that are driving market behavior.

Monetary policy is undergoing a reset, with a disconnect emerging between short-term interest rates and long-term bond yields.

This challenges traditional investing frameworks and forces a reconsideration of investment strategies. The US-China economic relationship, characterized by structural imbalances and diverging industrial policies, is moving toward decoupling, influencing global capital flows and domestic policy in both nations.

Park contrasts the US market’s future to China’s current state, where government policies and ideological directives heavily influence market behavior.

 He foresees the US market increasingly reflecting similar ideological drivers, where government actions and geopolitical events create outsized, often unpredictable market impacts.

This environment benefits retail investors who can act quickly and flexibly, unlike large institutions constrained by size and rules.

The rise of AI-powered robo-advisors is set to further disrupt traditional investing. These platforms can create highly personalized, ideology-driven portfolios that blend characteristics of active and passive investing.

This new paradigm could challenge traditional fund flows dominated by index funds and ETFs, as investors seek more agency over their investment choices aligned with personal beliefs and geopolitical views.

In this complex environment, Park advocates for diversified portfolios with orthogonal strategies that include long volatility positions to capture fat-tail risks. He emphasizes Bitcoin as a unique, orthogonal asset class with strong potential in the current environment, alongside traditional safe havens like gold.

 Interest rates and the shape of the yield curve remain critical areas to watch, given their geopolitical and economic implications.

Finally, Park stresses the importance of culture as a defining parameter in investing. He highlights its resilience against AI and deterministic models, encouraging investors to embrace probabilistic thinking, maintain self-determination, and recognize the nuanced, non-deterministic nature of human behavior as crucial for navigating the complex investment landscape of the future.

The end of the Washington Consensus marks a significant shift in the global economic and financial landscape. As we enter a new era of ideological investing, investors must be prepared to navigate a complex and rapidly evolving environment.

By embracing diversification, orthogonal strategies, and the importance of culture in investing, investors can position themselves for success in a world where traditional frameworks are no longer relevant.

For further insights and information, watch the full video from WTFinance featuring Jeff Park’s conversation.

https://youtu.be/0P8HSeHq9fI

2000% Silver Revaluation! This Is What Every Silver Stacker Should Do

2000% Silver Revaluation! This Is What Every Silver Stacker Should Do | Lynette Zang Silver

Smart Silver Trends:  1-10-2026

The True Value of Precious Metals Silver and Gold Valuation: Lynette Zang argues that based on a historic 20:1 gold-to-silver ratio, silver's true fundamental value should be a minimum of *$300 per ounce*. Applying this historical context, she calculates the true fundamental value of an ounce of gold to be between *$33,000 and $40,000*.

Gold Revaluation: Lynette Zang views a revaluation of U.S. gold reserves as inevitable. She believes the Federal Reserve would not implement this at current market prices because the current nominal price does not reflect the amount of paper money that has been issued. Its main purpose would be to regain public confidence after a catastrophic event.

⭐️ Prediction of Hyperinflation and Currency Reset The Scenario: The core argument is that hyperinflation is coming to "burn off the debt." This period will see prices soar dramatically—the speaker gives an extreme example of a loaf of bread costing $80,000.

The Reset: After the hyperinflationary crisis, the speaker predicts a government action, such as "lopping off zeros" in an overnight revaluation to bring prices back down (e.g., $80,000 to $8). While all fiat savings would be reset, she suggests gold's newly high nominal price would hold value for a period before beginning to climb again in the new currency system.

⭐️ The Genius Act and the Stablecoin Market A New Monetary System: She discusses the Genius Act as the first legal foundation for cryptocurrencies and stablecoins, claiming it has already fundamentally changed the global monetary system.

Artificial Market: By requiring new U.S. stablecoins to be dollar-backed on a one-to-one basis, the government is creating a new artificial market to support the dollar, replacing the reliance on the US Treasury market. She highlights that the stablecoin market, currently at around $125 billion, is projected by some to grow to *$2 trillion by 2028*.

Criminal Cartels: The video concludes by asserting that the legal framework being created is similar to the 2008 financial crisis, effectively allowing bankers to act unethically without legal consequence, which the speaker refers to as the legalization of "theft" (inflation).

https://www.youtube.com/watch?v=kJT9D3egtlA

Seeds of Wisdom RV and Economics Updates Saturday Afternoon 1-10-26

Good Afternoon Dinar Recaps,

BRICS TAKE CHARGE — Gold-Backed Trade Units Signal a Shift Away from Dollar Dependence
This is not de-dollarization — it’s a parallel system quietly taking shape

Overview

• BRICS has launched a pilot “Unit” settlement instrument that blends 40% physical gold backing with 60% member currencies, offering a structured alternative for international trade settlement.

• Designed for governments and banks, not consumers, the Unit reduces reliance on correspondent banking and mitigates sanctions exposure while maintaining ties to existing financial systems.

• Stability is anchored in gold, addressing volatility concerns common to purely fiat or digital instruments.

Key Developments

• Gold-Backed Structure: Each Unit is anchored by physical gold alongside proportional allocations of BRICS member currencies.

• Blockchain Settlement: The system operates on a dedicated ledger maintained by an independent research institute, with reserves placed in escrow within member borders.

• Trade-Only Instrument: Units are used for invoicing and clearing, avoiding intermediary FX conversions and reducing transaction friction.

• Reserve Depth: BRICS nations collectively hold more than 6,000 tonnes of gold, reinforcing credibility and long-term backing.

• Measured Rollout: The pilot phase limits scale and access, emphasizing testing, governance, and coordination over speed.

Why It Matters

This initiative reframes gold from a passive reserve into an active settlement asset, positioning BRICS to diversify trade rails without triggering abrupt market disruption. It signals a pragmatic approach: build alternatives without attempting to replace the dollar outright.

Implications for the Global Reset

Pillar 1 – Asset-Linked Settlement: Tying trade units to physical gold restores credibility and dampens volatility during fiat stress cycles.

Pillar 2 – Multipolar Trade Rails: Parallel settlement options reduce systemic risk tied to single-currency dependence and sanctions chokepoints.

Key Takeaway

The BRICS Unit is not a consumer currency and not a dollar killer. It is a strategic settlement layer—gold-anchored, institution-only, and deliberately paced. The message is clear: financial sovereignty is being engineered quietly, not announced loudly.

This is not just innovation — it’s the architecture of multipolar finance being laid.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — “BRICS Take Charge: 40% Gold Unit Currency Starts Challenging Dollar”

• Reuters — “BRICS explore gold-linked settlement tools as members seek alternatives to dollar trade”

~~~~~~~~~~

MONEY TRANSFER REFORMS BEGIN — Compliance Tightens on the Global Rails
U.S. Treasury signals enforcement-first approach to legitimacy, not restriction

Overview

The U.S. Treasury, under Secretary Scott Bessent, has launched targeted reforms and heightened scrutiny of money transfer centers following investigations into alleged welfare fraud and questionable overseas remittances. The effort is led by the Financial Crimes Enforcement Network (FinCEN) and is currently focused on Minnesota as a pilot program, with tools designed to improve transparency while preserving lawful cross-border transfers.

Key Developments

• Enhanced Oversight: Money services businesses (MSBs) are facing tighter compliance checks, audits, and reporting requirements.

• Geographic Targeting Orders (GTOs): Lower reporting thresholds expand transaction-level visibility in high-risk areas.

• Fraud Prevention Focus: The initiative targets misuse of public funds and illicit flows without banning legitimate remittances.

• Pilot Program: Minnesota serves as a test case to assess effectiveness before any broader rollout.

• Regulatory Signal: Enforcement emphasizes proof of origin and lawful use, not blanket restrictions.

Why It Matters to Foreign Currency Holders

• Legitimacy Premium: Tighter compliance strengthens confidence in currencies moving through regulated channels, supporting acceptance and settlement abroad.

• Transparency Over Prohibition: Lawful foreign currency transfers remain permitted; the emphasis is on documentation and traceability.

• Reduced Disruption Risk: Clear rules lower the odds of sudden freezes or reversals for compliant holders during enforcement cycles.

• FX Market Confidence: Enhanced AML/KYC alignment reduces reputational risk, aiding correspondent banking and cross-border liquidity.

• Watch for Expansion: If the pilot extends nationally, documentation standards could become uniform—benefiting compliant holders while pressuring opaque flows.

Implications for the Global Reset

Pillar 1 – Rule of Law: Consistent enforcement and verifiable origins underpin trust in cross-border value exchange.

Pillar 2 – Clean Settlement Rails: Transparent MSB operations support modern payment systems and reduce friction in FX settlement.

Key Takeaway

These reforms reflect process-driven financial tightening aimed at compliance and fraud prevention, not restricting legitimate currency movement. For foreign currency holders, documentation and lawful channels are the advantage—they preserve access, stability, and recognition as standards rise.

This is not restriction — it’s preparation for a compliant global system.  

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• U.S. Department of the Treasury — Press Release

• Reuters — “Bessent says overseas money transfers are fine if people can prove origin of funds”

• CBS Minnesota — Treasury Secretary Bessent Minnesota fraud crackdown

• Bloomberg — Bessent ramps up Minnesota scrutiny with money services probe

~~~~~~~~~~

AIRSTRIKES NEAR IRAQ–SYRIA BORDER — Coalition Operations Target ISIS and Militant Cells
Explosions near the frontier signal continued pressure on extremist strongholds and regional instability

Overview

• U.S. and coalition forces have reported multiple airstrikes targeting Islamic State of Iraq and the Levant (ISIL/ISIS) positions in both Syria and Iraq, including areas near the border region.

• These operations are part of ongoing counter-terror campaigns designed to degrade remaining extremist capabilities and limit their ability to project violence across the frontier.

• Strikes involved fighter jets, attack aircraft, bombers, and remotely piloted systems hitting tactical units, infrastructure, vehicles, and command positions.

• The missions are conducted under Operation Inherent Resolve, the long-running anti-ISIS coalition effort involving the U.S. and partner nations. 

Key Developments

• Syria Airstrikes: Multiple engagements destroyed ISIS tactical units, fighting positions, buildings, and a mobile oil drilling rig near Hasakah and Kobani, disrupting militant logistics.

• Iraq Strikes: Coalition strikes targeted ISIL units, checkpoints, vehicles, and bunkers near Rutbah, Beiji, Tal Afar, Sinjar, and near Kirkuk, degrading terror infrastructure.

• Coordination With Iraqi Forces: Many of the Iraqi actions were approved by the Iraqi Ministry of Defense, reflecting cooperation against shared threats.

• These airstrikes come amid ongoing security concerns along the long and porous Iraq–Syria border, a historic corridor for militants and smuggling networks.

Why It Matters to Foreign Currency & Markets

• Risk Pricing in Oil & FX: Renewed military activity near a major oil-producing region keeps risk premia elevated in commodities and currencies tied to Middle East stability.

• Capital Flows & Safe Havens: Heightened geopolitical risk tends to strengthen safe-haven assets and may widen spreads on regional sovereign credit.

• Trade & Supply Disruption Risk: Extended unrest can affect logistics and insurance costs for goods moving through nearby export corridors.

• Investor Confidence: Persistent conflict discourages inward investment and heightens volatility in markets sensitive to geopolitical stress.

Implications for the Global Reset

Pillar 1 – Security & Financial Stability: Persistent conflict highlights the role of security in underpinning economic confidence and currency stability.

Pillar 2 – Risk and Liquidity Flows: Geopolitical shocks influence liquidity allocations, reserve strategies, and risk-off behavior in global asset markets.

Key Takeaway

The latest airstrikes near the Iraq–Syria border illustrate that military pressure on extremist cells remains a priority even as the region transitions from territorial ISIS control to insurgent activity. These operations sustain operational risk in nearby markets and underscore how security dynamics directly intertwine with currency, trade, and investor confidence.

This is not just conflict — it’s the security layer beneath global markets.  

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Coalition airstrikes continue against ISIL in Syria and Iraq — U.S. Department of War (Operation Inherent Resolve)

• British and French warplanes strike suspected IS weapons facility in Syria — AP News

~~~~~~~~~~

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News, Rumors and Opinions Saturday 1-10-2026

Jon Dowling: New Year 2026 Weekly Wrap up and Latest RV Updates

1-10-2026

The latest Weekly RV Report, dated January 9th, 2026, offers a compelling analysis of the current global economic and geopolitical climate, shedding light on key developments that are poised to reshape energy markets, currency valuations, and international relations.

As we navigate these complex changes, several nations have emerged as crucial players in the evolving landscape, including Iraq, Vietnam, Venezuela, Iran, and the United States.

One of the most significant highlights of the report is Iraq’s ascension as an emerging oil powerhouse. Projections indicate that Iraq is on track to become one of the top four oil producers in the Middle East, a development that is expected to have far-reaching implications for global energy markets.

As Iraq increases its oil production, the United States is likely to benefit from lower energy and food costs, providing a much-needed counterbalance to inflation. This shift has the potential to reshape the global energy landscape, with significant implications for the economies of oil-importing nations.

The report also touches on the development of parallel economic systems, as the United States begins to move away from the private Western central banking system.

This significant shift is expected to be accompanied by potential name changes, reflecting a rebranding of the existing financial infrastructure. As the global economy continues to evolve, the emergence of parallel systems is likely to have a profound impact on the way we conduct financial transactions and store value.

In Asia, Vietnam has emerged as a key player, with the country posting an impressive economic growth rate of 8.02% in 2025. This remarkable performance has been fueled by a combination of natural resources, manufacturing prowess, and a significant influx of companies relocating from China. As Vietnam continues to attract foreign investment and expand its manufacturing base, it is likely to play an increasingly important role in regional trade and commerce.

The report also cautions viewers about potential market volatility in the United States, as the Supreme Court prepares to rule on tariffs connected to President Trump’s economic policies.

An unfavorable ruling has the potential to trigger significant market fluctuations, underscoring the need for investors to remain vigilant and adaptable in the face of changing circumstances.

As the global economy continues to evolve, commodity prices have been on the rise, with silver, gold, and oil all experiencing significant gains.

 Meanwhile, the dollar index has remained relatively stable, although its purchasing power is noted to be diminishing. This trend is likely to have significant implications for investors and consumers alike, as the value of the dollar continues to shift in response to changing economic conditions.

As we navigate these complex and unfolding global transformations, the report encourages viewers to remain vigilant and maintain their faith in the face of uncertainty. With significant changes on the horizon, it is more important than ever to stay informed and adapt to the shifting landscape.

As we move forward into 2026, it is clear that the global economy and geopolitical landscape will continue to undergo significant changes. By staying informed and maintaining a nuanced understanding of these developments, we can better navigate the complex and evolving world we live in.

https://youtu.be/z248O6haIsc

https://dinarchronicles.com/2026/01/10/jon-dowling-new-year-2026-weekly-wrap-up-and-latest-rv-updates/

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

Jeff  They do [rate changes] over what is their Sunday morning when all world markets are closed so they don't have a ripple effect with a rate change of that magnitude [3,000% to 4,000% increase] ...That's why they do it that way.

Frank26   Question:  "How closely do you think the VND will follow the IQD?"  I don't know but I'll say this, I think the Vietnamese dong is primed and ready.

Jeff   Question:  "What are we waiting on?" IMO we're waiting on the government to be formed.  The the central bank that could be perceived as a level of stability...The central bank has always said security and political stability are the two critical core components of allowing them to consider reinstating the value of the currency...The formation of the government can go very fast... 

Frank26  There are a lot of things that depend on a new exchange rate especially the concept of going international that's going to get the real effective exchange rate.  What's going to get you to the Real Effective Exchange Rate?  Supply and demand outside [Iraq] borders... 

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

What Silver Price Is Telling Us About Market Tightness

Arcadia Economics:  1-10-2026

With the silver, gold, and silver prices rallying into 2026, David Morgan talks about what the market's reaction is telling us about the ongoing silver tightness in the East.

 So to find out more, click to watch the video now!

https://www.youtube.com/watch?v=rHqLiyLa5GQ

Iraq Economic News and Points To Ponder Saturday Morning 1-10-26

Gold Prices Fell as the Market Awaited US Data and the Dollar Strengthened.

Money and Business  Economy News - Gold prices fell on Friday, pressured by adjustments to a commodity index, anticipation of US jobs data, and a stronger dollar which added downward pressure on prices in the near term.

 Gold fell 0.4 percent to $4,458.10 an ounce in spot trading by 0126 GMT. The precious metal had hit a record high of $4,549.71 on December 26. 

The dollar rose in early Asian trading, as traders awaited the latest U.S. jobs report and a Supreme Court decision on President Donald Trump's use of extraordinary powers to impose tariffs.

 This week marks the start of the annual rebalancing of the Bloomberg Commodity Index, a periodic adjustment of commodity weights to keep the index in line with market conditions, and this is expected to continue to put pressure on the precious metals market.

 According to FedWatch, investors currently expect the Federal Reserve (the US central bank) to cut interest rates at least twice this year. Investors are awaiting non-farm payroll data for clues about the future path of monetary policy.

 Non-yielding assets such as gold typically tend to rise during times of low interest rates and geopolitical or economic turmoil.

 As for other precious metals, silver fell 1.5 percent in spot trading to $75.71 an ounce after hitting an all-time high of $83.62 on December 29.

 Platinum fell 2.9 percent in spot trading to $2,202.50 an ounce after hitting an all-time high of $2,478.50 last Monday.

Palladium fell 2.1 percent to $1,749.25 an ounce   https://economy-news.net/content.php?id=64332

The Dollar Rose Amid Anticipation Of US Data And A Supreme Court Ruling.

Money and Business   Economy News - The dollar rose at the start of Asian trading on Friday as traders awaited a U.S. jobs report and a Supreme Court decision on President Donald Trump’s use of extraordinary powers to impose tariffs.

The dollar index, which measures the performance of the US currency against a basket of six currencies, rose 0.2% to 98.883 and continued its rise for the third day in a row.

The upcoming U.S. non-farm payrolls report for December is expected to clear up much of the data uncertainty that has persisted during the government shutdown, but analysts say the data may not provide enough clues to clarify the future path of interest rates, according to Reuters.

 Weekly unemployment benefit claims data released on Thursday showed a slight increase in claims.

According to the CME FedWatch tool, there is an 89% expectation that the Federal Reserve (the US central bank) will keep interest rates unchanged at its next meeting on January 27 and 28, compared to a 68% expectation a month ago.

The U.S. Supreme Court could issue a ruling later today that would determine whether Trump can invoke the International Emergency Economic Powers Act to impose tariffs without congressional approval, a move that could drastically alter U.S. trade policy and throw into chaos after months of negotiations.

The dollar reached 156.885 yen, little changed after data showed that Japanese household spending unexpectedly increased in November compared to the same month last year, indicating that consumption is accelerating ahead of the Bank of Japan raising interest rates to a 30-year high in December.

The euro held steady at $1.1657 ahead of German trade data and eurozone retail sales figures due later today.

The British pound fell 0.1% to $1.3436, the Australian dollar was steady at $0.6698, and the New Zealand dollar fell 0.1% to $0.5749.    Bitcoin fell 0.2% to $91,002.39, and Ether dropped 0.4% to $3,104.38.  https://economy-news.net/content.php?id=64334

Sudanese Advisor: The Financial Deficit Is Short-Term And Will Not Hinder The Development Process.

Money and Business   Economy News – Baghdad  The Prime Minister's financial advisor, Mazhar Muhammad Salih, confirmed on Saturday that the financial deficit is short-term and will not hinder the development process.

Saleh said, according to the official agency, that “the financial deficit in Iraq is mostly linked to fluctuations in oil prices,” explaining that “investors realize that this deficit does not necessarily reflect institutional weakness, as much as it reflects global market fluctuations beyond national control.”

He added that "this perception becomes more firmly established when the deficit is accompanied by disciplined financing tools, such as issuing domestic bonds and sound management of public spending, which sends a clear message of confidence that the government is able to control the course of public finances and not slide into chronic imbalances."

He explained that “the presence of strong financial institutions, foremost among them the Central Bank of Iraq with its independence under Law No. 56 of 2004, constitutes an important reassuring factor for investors, as it reflects the state’s ability to absorb external financial shocks and maintain monetary stability.”

He pointed out that “despite the financial deficit, a number of investment attractions stand out that enhance investor confidence, foremost among them the low external public debt, which is a rare strength in the surrounding regional countries, as it means that Iraq is not burdened with stifling international obligations, which opens up a wider field for financing investment and future growth.”

He noted that “the relative weight of foreign reserves provides a solid cover for the national currency and gives investors high confidence that financial transfers and capital movements will not face severe restrictions or sudden disruptions,” explaining that “the stability of the exchange rate, even in the presence of a financial deficit, creates a predictable economic environment, which is one of the most important criteria that foreign investors look for when making their long-term decisions.”

He stressed that “the government’s commitment to major strategic projects in the fields of energy and infrastructure, such as the Development Road project, sends a clear positive signal to the investment community that the short-term fiscal deficit will not hinder the development process, nor limit Iraq’s ambitions to achieve sustainable economic growth and prosperity .” https://economy-news.net/content.php?id=64368

Exchange Rates Have Decreased In Local Markets.

Money and Business     Economy News – Baghdad  The markets of the capital Baghdad and the city of Erbil witnessed a decrease in the exchange rate of the US dollar against the Iraqi dinar on Saturday morning, in a decline that is considered the most prominent in recent days.

The Al-Kifah and Al-Harithiya exchanges in Baghdad recorded an exchange rate of 146,800 dinars per 100 dollars, compared to a previous rate of 147,800 dinars last Thursday.

Exchange rates also decreased in local money exchange shops, with the selling price reaching 147,250 dinars, while the buying price reached 146,250 dinars per 100 dollars.   https://economy-news.net/content.php?id=64369

The Iraqi Economy And The Impact Of Oil Rent Shocks And Financial Imbalances On The Sustainability Of Stability And Growth Policies

Dr. Haitham Hamid Mutlaq Al-Mansour    As the new year 2026 begins, the Iraqi economy continues to suffer from accumulated financial imbalances, linked to its chronic structural deficiencies. These imbalances act as a chain reaction, weakening the state's ability to achieve stability and growth.

The financial sector is subject to the same rentier nature each year, which fuels budget allocations and expenditure items. This dependence makes public finances vulnerable to any price decreases or declines in exports, leading to sudden revenue shortfalls that quickly translate into spending pressures.

These pressures can result in delayed payments, project reductions, or increased borrowing. This volatility makes long-term planning difficult and undermines the capacity to develop policies that support stability and growth.

While diversifying income sources beyond oil is a strategic option for mitigating risks, the reality of tax revenues remains far below potential. The tax system does not reflect the size of the economy, the volume of consumption, or imports. It also faces fundamental challenges, primarily the absence of a comprehensive GDP (industrial, agricultural, and tourism), resulting in tax revenue being concentrated on unproductive activities.

While a stable revenue base is not established to ensure the regular funding of essential services and provide the budget with the flexibility to withstand shocks through tax revenues, the state's management has become captive to a single source of rent.

On the expenditure side, the imbalance between current and investment spending is evident, with a large share of the budget allocated to consumption, while investment remains less stable and more susceptible to reduction during any crisis.

The danger of this pattern lies in its consumption of resources without building productive assets and infrastructure that enhance long-term economic capacity.   Furthermore, the inflated size of operational spending has created substantial obligations, reducing the effectiveness of fiscal policy.

When revenues decline, the state cannot reduce operational spending and often resorts to postponing investment, increasing borrowing, or accumulating arrears, which weakens growth and increases economic fragility.

When deficit financing is employed, the problem is exacerbated by the financing mechanisms. While domestic or external borrowing may be necessary in some years to bridge temporary gaps, it raises the cost of debt servicing, squeezes out future budget resources, and may reduce the available space for investment spending and services.

Similarly, the accumulation of arrears, such as contractors' dues or inter-institutional debts, leads to a partial paralysis of the economic cycle.

This is because it delays payments owed to companies, which in turn delays wage payments, purchase payments, or business expansion. The crisis then spills from the state's records into the market and employment.

These imbalances are exacerbated by the inefficiency of public investment management and projects. Problems such as inaccurate planning, inflated costs, delayed implementation, and declining quality all reduce the "productivity of expenditure." This means the state may spend heavily without achieving commensurate results in infrastructure projects like roads, electricity, hospitals, or schools.

When project management is weak, public investment becomes less capable of generating growth and employment, and the perception that spending does not translate into services becomes entrenched. This, in turn, increases political pressure to boost current spending rather than restructuring it to enhance investment.

Therefore, financial imbalances cannot be discussed without addressing the contradictions between the overall economic objectives, the policies adopted, and the implementation procedures, on the one hand, and the external shocks that affect the ability of economic policy to achieve its goals, on the other.

For example, in a fixed exchange rate system, the effectiveness of sterilizing the money supply to stabilize the real exchange rate around its target value has diminished in terms of absorbing the impact of rising inflation and limiting the decline in the real value of the dinar and the purchasing power of individuals.

Inflation has begun to erode welfare, as the impact of the instability of the foreign exchange gap has not been limited to financial activities but has extended to basic consumer sectors, which represent a net import balance. This necessitates monetary policy intervention to achieve the goal of dinar stability.

Since the general budget is financed by the movement of global oil prices and their shocks that reduce oil revenues, the effectiveness of economic policy has also become affected by these fluctuations and shocks. Hence, coordination between the objectives of monetary and fiscal policy is necessary to ensure the sustainability of government support for inflation targeting and maintaining the stability of the dinar's value.

Therefore, any disruption in the dollar market or in financial transfer and compliance channels is reflected in prices and inflation, impacting purchasing power and social stability. When inflation rises or prices fluctuate, demands for salary increases or expanded subsidies intensify, placing renewed pressure on the budget.

The imbalance in the banking system is evident in the large size of the public sector in financial operations. Banking activity plays a limited role in financing the real economy, and due to weak financial intermediation, long-term financing for industrial, agricultural, and service projects remains limited.

This is accompanied by weak financial inclusion and the prevalence of cash transactions, which reduces the effectiveness of fiscal and monetary policies, as well as oversight and collection processes.  This, in turn, weakens the decision-maker's ability to build an economic database that supports planning and revenue collection.

In such an environment, the private sector becomes more fragile, while government activity continues as the largest financier and operator of the banking sector, increasing pressure on the budget instead of alleviating it through diversification by the private sector.

   Not far removed from this situation are corruption, the squandering of public funds, and tax evasion, representing a continuous leakage of resources and a weakening of trust and commitment. Corruption increases contract costs, distorts spending priorities, and reduces the quality of implementation. Tax evasion and manipulation at various stages of collection or in certain commercial outlets lead to direct revenue losses.

When trust in institutions declines, society's willingness to accept necessary reforms, such as broadening the tax base, restructuring subsidies, or improving tax collection, weakens. This traps the state in a vicious cycle of incomplete reforms, limited results, and increased resistance to reform.

In conclusion, Iraq's financial imbalances stem from the rentier nature and volatility of its revenues, the inflation of current spending compared to weak and ineffective investment, and the lack of sustainable economic stability due to its dependence on and vulnerability to fluctuations in oil production.

 Furthermore, the banking system's limited role in financing private sector activity and the economy's sensitivity to foreign exchange rate volatility exacerbate these problems.

Therefore, crucial financial solutions include administrative reforms to consumer and investment spending, linking employment to productivity, improving project management through transparent contracting, oversight, and evaluation standards, and restructuring the banking sector, promoting financial inclusion, and linking it to productive financing.

Additionally, reforming service sectors such as electricity, water, and telecommunications, reorganizing revenue collection, and reducing leakage are essential.

This comprehensive package can transform public funds from a tool for crisis management into a tool for building a more diversified economy.

Therefore, in short, it is impossible to achieve financial and economic stability and growth without addressing aggregate supply imbalances, sustaining government support for the fixed exchange rate system, stimulating the market, and reducing dependence on imports by diversifying non-oil GDP sources.

 In reality, these are policies that are still within the scope of long-term planning and the challenges of the chronic structural imbalance of the Iraqi economy, which require well-established structural policies and treatments.  https://economy-news.net/content.php?id=64293

Seeds of Wisdom RV and Economics Updates Saturday Morning 1-10-26

Good Morning Dinar Recaps,

BANKING SECTOR CLEANUP — Laying the Groundwork for a Stable Revaluation
Before currencies reset, institutions must be law-abiding, transparent, and solvent

Overview

Governments and regulators worldwide are intensifying audits, compliance enforcement, and anti-corruption measures across banks and financial institutions. This includes stricter AML/KYC rules, balance-sheet cleanups, removal of bad actors, and alignment with international banking standards.

The central idea: a revaluation (RV) cannot occur in a broken system. Clean books, lawful controls, and transparent settlement mechanisms are prerequisites. Corruption, hidden liabilities, and weak controls distort exchange rates, block cross-border settlements, and undermine trust, making any RV unstable or short-lived.

Key Developments

• Clean Ledgers First: Illicit funds, fake balances, and legacy fraud are being identified and removed to ensure credible currency adjustments.

• Rule of Law Reinforced: Strong enforcement restores confidence in banks’ ability to handle new or adjusted currency values.

• Settlement System Readiness: Modernized banking infrastructure and real-time clearing systems are being prioritized for lawful international transactions post-RV.

• Scam Reduction: Tightened controls reduce the risk of exploitation during periods of monetary transition.

• Global Confidence: Foreign exchange markets require transparency and reliable reporting before recognizing higher or adjusted currency values.

Why It Matters to Currency Holders

• Foundation Before Revaluation: Without clean and compliant banks, any RV is vulnerable to failure or reversal.

• Investor and Market Confidence: Rule-of-law enforcement reassures global markets, encouraging participation in new currency frameworks.

• Risk Mitigation: Scam and fraud reduction prevents value leakage and protects holders during transition.

• Liquidity Assurance: Transparent settlement and clean balance sheets enable efficient cross-border transfers.

Implications for the Global Reset

Pillar 1 – Structural Integrity: Banks must have lawful, audited, and transparent operations to support credible currency adjustments.

Pillar 2 – Trust as Currency: Confidence in banking systems underpins stable FX rates and smooth international settlements, essential for a multipolar financial order.

Key Takeaway

A currency revaluation is not a matter of hype—it is a function of system integrity. Banking cleanup is a critical prerequisite. Only after institutions are fully compliant, transparent, and secure can sustainable value emerge and be globally recognized.

This is not just a function of system integrity — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• IMF — Financial Sector Assessment Programs (FSAP)

• BIS — Global Liquidity & Banking Stability

• World Bank — Financial Consumer Protection & Anti-Corruption

• FATF — AML/CFT Standards

• OECD — Banking Sector Integrity and Governance

~~~~~~~~~~

BEFORE THE “GREEN LIGHT” — What Must Be Completed for a Stable Revaluation
Revaluation readiness is about structure, law, and technical integrity, not timing

Overview

A currency revaluation or major rate adjustment is the final step in a multi-layered process. The “green light” is granted only after structural, legal, and technical requirements are fully satisfied. Attempting a reset prematurely risks instability, reversals, freezes, and financial losses. Governments and institutions act last—after safeguards are fully in place.

Key Developments

• Final Ledger Reconciliation: All sovereign, central bank, and commercial bank accounts must be audited, reconciled, and cleared of false balances and legacy fraud.

• Legal & Regulatory Alignment: Banking laws, enforcement authority, and compliance frameworks must be fully active, protecting the reset from legal disputes.

• Settlement System Readiness: Payment rails, cross-border settlement, and liquidity channels must function cleanly at scale without manual intervention.

• Risk & Contagion Controls: Firewalls and safeguards must prevent bank runs, FX shockwaves, or arbitrage exploitation during rate adjustments.

• International Coordination: Major trading partners, clearing hubs, and reserve institutions must recognize and honor adjusted values simultaneously.

• Scam & Exploitation Suppression: Active takedowns, account freezes, and public warnings must reduce retail exposure prior to any public announcement.

Why It Matters to Currency Holders

• Readiness Over Hype: Attempting a reset before structural readiness invites chaos and rapid loss of value.

• Confidence is Key: Markets and investors require assurance that all legal, operational, and technical layers are functioning.

• Cross-Border Stability: International recognition ensures that adjusted values are honored globally, avoiding arbitrage or disputes.

• Risk Mitigation: Prevents sudden shocks, runs, and exploitative behavior that could undermine long-term currency stability.

Implications for the Global Reset

Pillar 1 – Structural Integrity: Audited ledgers, operational payment systems, and legal enforcement form the backbone of a sustainable currency adjustment.

Pillar 2 – Coordinated Confidence: Simultaneous recognition and compliance across global markets and institutions are essential to prevent fragmentation and loss of trust.

Key Takeaway

The “green light” is not about speed or hype—it is about absolute readiness. Enforcement, systems, and market confidence must align perfectly. Any leaks, noise, or premature speculation are signals that the process is not yet complete. A successful revaluation follows structure, law, and system integrity—not shortcuts.

The “green light” is not about speed — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• IMF — Currency Regimes & Financial Stability

• BIS — Principles for Financial Market Infrastructures

• World Bank — Financial Sector Reform & Stability

• FATF — System Integrity & Risk Controls

• OECD — Financial Market Infrastructure and Resilience

~~~~~~~~~~

Supreme Court Tariff Test — Markets Brace for a Trade Power Reset
Executive authority, import costs, and global market confidence hang in the balance

Overview

• The U.S. Supreme Court is weighing whether a president can impose sweeping tariffs under emergency powers, a decision that could reshape trade policy, fiscal revenue, and market pricing.

• The case centers on tariffs imposed under the International Emergency Economic Powers Act (IEEPA), a law that does not explicitly authorize tariffs.

• Markets are positioning ahead of the ruling, with volatility concentrated in import-heavy sectors, currencies, and rates.

Key Developments

• Legal Question: Whether IEEPA grants authority for broad, global tariffs without congressional approval.

• Scope: The challenged tariffs affected a wide range of imports and generated substantial federal revenue.

• Status: The Court has delayed a decision; the ruling remains pending after oral arguments signaled skepticism from some justices.

• Market Sensitivity: Investors are hedging for sharp moves depending on whether tariffs are struck down, upheld, or narrowed.

Why It Matters
The ruling will define the boundary between executive power and congressional authority in trade, directly impacting prices, margins, fiscal balances, and policy predictability—all critical inputs for global capital allocation.

Market & Asset Implications (By Outcome)

• If Tariffs Are Struck Down:

• Equities: Relief rally likely for retailers, consumer goods, autos, and electronics as input costs fall.

• Inflation: Downward pressure on goods prices; easing expectations could support risk assets.

• Fiscal: Loss of tariff revenue may widen deficits, influencing Treasury issuance and yields.

• Trade: Improved supply-chain flow and reduced friction support global growth sentiment.

• If Tariffs Are Upheld:

• Equities: Import-dependent sectors remain pressured; selective beneficiaries in protected industries.

• Inflation: Persistent cost pressures keep goods inflation elevated.

• Policy Risk: Precedent expands executive latitude, increasing long-term trade uncertainty.

• If the Court Issues a Partial Ruling:

• Volatility: Sector-specific swings as some duties fall while others persist.

• Complexity: Unclear refund eligibility and compliance timelines prolong uncertainty.

Implications for the Global Reset

• Pillar 1 – Rule of Law: Clear limits on emergency powers restore confidence in predictable trade governance.

• Pillar 2 – Market Signaling: The decision recalibrates inflation paths, earnings expectations, and capital flows across borders.

Bottom Line
This case is not just about tariffs—it’s about how trade policy is made, how predictable it is, and how markets price risk. The outcome will ripple through equities, bonds, currencies, and global trade relationships.

This is not just trade law — it’s global market structure under review.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters – “Market risk mounts as Supreme Court weighs Trump’s emergency tariff powers”

• Reuters – “Supreme Court set to issue rulings as Trump awaits fate of tariffs”

~~~~~~~~~~

🌱 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

~~~~~~~~~~

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

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Thank you Dinar Recaps

Seeds of Wisdom RV and Economics Updates Friday Evening 1-9-26

Good Evening Dinar Recaps,

RESERVES UPENDED — Gold Becomes Central Banks’ Favorite Asset
Central banks pivoting away from U.S. debt reshapes financial hierarchy

Overview

Gold has overtaken U.S. Treasuries as the most‑held foreign reserve asset among global central banks, reaching historic levels of accumulation. This milestone reflects both soaring bullion prices and aggressive official buying as nations diversify away from sovereign debt amid geopolitical and monetary uncertainty. Central bank gold holdings now rival or exceed Treasury holdings for the first time in decades, underscoring a structural shift in reserve strategy and confidence in traditional fiat assets. 

Key Developments

• Central banks worldwide have driven gold holdings to roughly $4 trillion in value, surpassing the approximate $3.9 trillion in U.S. Treasury securities held by official institutions. 

• Gold’s rise has been fueled by record prices and sustained purchases, with over 1,000 tonnes added to official reserves for multiple consecutive years, a rare event in modern financial history. 

• The rally has been supported by broader geopolitical risk, inflation concerns, and questions about the long‑term stability of sovereign debt, particularly that of the United States.

• Experts point to diversification motives and safe‑haven demand as central banks hedge against fiscal pressures, currency risk, and the weaponization of financial systems.

Why It Matters to Currency Holders

• Dollar Dominance Eroding: The shift away from U.S. government securities as the top reserve asset signals waning confidence in dollar‑centric asset allocation.

• Safe‑Haven Priority: Central banks favor bullion for its ability to preserve value and withstand sanctions or credit risk.

• Risk Perception: Rising uncertainty in debt markets and fiscal outlooks boosts demand for real assets, influencing currency strategies.

Implications for the Global Reset

Pillar 1 – Reserve Asset Reconfiguration
Gold’s elevation marks a foundational shift in how nations manage reserves and hedges against systemic risk.

Pillar 2 – Monetary Diversification
Reduced reliance on a single sovereign debt instrument points toward a multipolar reserve landscape, creating space for alternative benchmarks or basket currencies.

Key Takeaway

Gold’s ascent beyond U.S. Treasuries as the primary reserve holding is more than symbolic — it reflects central banks’ strategic recalibration amid fiscal uncertainty and geopolitical risk. While the dollar remains dominant overall, this structural move underscores growing diversification and signals deeper change ahead in global financial architecture.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Gold Tops Treasuries as World’s Biggest Foreign Reserve Asset — Gold Eagle

• Central Banks Hold More Gold Than U.S. Treasuries — 5Paisa

~~~~~~~~~~

PRECIOUS METALS STORM — Index Rebalancing Sparks Bullion Volatility
Forced selling triggers short‑term pressure amid broader upward trend

Overview

Gold and silver markets are facing heightened volatility as major commodity indexes undergo their annual rebalancing, forcing significant bullion sales to realign weightings after massive price gains in 2025. Analysts estimate that billions of dollars in precious metals futures will be sold across rebalancing windows, creating short‑term downward pressure on prices even as underlying demand remains strong.

Key Developments

• Major benchmark index funds, including the Bloomberg Commodity Index and the S&P Goldman Sachs Commodity Index, are executing annual adjustments that reduce the weighting of gold and silver after their historic rallies. 

• These rebalancing trades are expected to force billions in liquidations, with silver facing particularly heavy outflows relative to open interest and liquidity.

• Prices have already responded, with both metals experiencing pullbacks from late‑cycle highs reached in 2025. 

• Market commentators note that while technical selling dominates short‑term price action, fundamental drivers — such as safe‑haven flows, central bank purchases, and supply constraints — remain intact. 

Why It Matters to Currency Holders

• Price Signals & Hedging: Bullion price swings affect hedge effectiveness and portfolio exposure to inflation or currency risk.

• Liquidity Stress Test: Forced selling highlights market depth and liquidity resilience under stress.

• Macro Sentiment Gauge: Precious metals volatility is a bellwether for risk tolerance and economic uncertainty.

Implications for the Global Reset

Pillar 1 – Market Stress Dynamics
Index rebalancing offers a real‑time test of asset demand under mechanical selling pressures, revealing the structural strength of non‑sovereign hedges.

Pillar 2 – Balancing Institutional and Official Demand
The tug‑of‑war between technical selling and strategic accumulation illustrates evolving preferences in global asset allocation, shaping reserve strategies and valuation benchmarks.

Key Takeaway

Annual index rebalancing may force short‑term price corrections, but broader demand drivers and structural shifts suggest precious metals remain central in risk mitigation and reserve strategy. How these markets absorb rebalancing pressures will inform confidence in metals’ roles within the emerging financial order.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Gold and Silver under scrutiny as index changes spark wave of bullion sales — Financial Times

• Gold, Silver Risk Big Swings as Indexes Rebalance — Barron’s

~~~~~~~~~~

BRICS FAULT LINES — INDIA DRAWS A NAVAL RED LINE
Why New Delhi skipped the drill — and what it signals about BRICS security limits

Overview

• India declined participation in a major BRICS naval exercise hosted by South Africa, despite being formally invited.

• The drill brought together China, Russia, Iran, and South Africa, highlighting a growing security divergence within BRICS.

• India’s absence reflects persistent India–China tensions, especially along the Line of Actual Control.

• The move underscores that BRICS unity remains economic, not military.

Key Developments

• The naval exercise off South Africa’s coast included heavy military assets, such as Russian destroyers, Chinese guided-missile ships, Iranian frigates, and South African patrol vessels.

• India deliberately chose not to attend, with officials confirming the decision was political rather than logistical.

• Analysts noted that India is increasingly cautious about joint military activities where China plays a leading role, even within multilateral frameworks.

• Despite limited diplomatic thawing following recent high-level meetings, defense cooperation between India and China remains restricted.

• In contrast, India has expanded its maritime leadership elsewhere, including heading training roles within the Combined Maritime Force, a Western-aligned coalition.

Why It Matters to Currency Holders

Geopolitical alignment — especially among major emerging economies — directly affects confidence in trade, settlement systems, and long-term currency strategy.

• BRICS Is Not a Unified Security Bloc: Military fragmentation limits BRICS’ ability to act as a cohesive alternative to Western power structures.

• Risk Premiums Remain Elevated: Persistent India–China tensions keep uncertainty embedded in regional trade and investment flows.

• Selective Alliances Shape Capital Flows: India’s preference for Western-linked maritime coalitions reinforces existing global financial corridors.

• Stability Over Symbolism: Currency confidence favors predictable alliances over headline-driven multilateral optics.

Implications for the Global Reset

Pillar 1 – Fragmentation Inside Multipolar Blocs
Economic cooperation can advance without parallel military unity, slowing the pace of systemic realignment.

Pillar 2 – Security Still Anchors Currency Trust
Unresolved border disputes and strategic mistrust constrain deeper monetary and trade integration.

Key Takeaway

India’s absence from the BRICS naval drill was not an oversight — it was a strategic signal. While BRICS continues to expand economically, security cooperation remains constrained by unresolved rivalries, particularly between India and China. Until those fault lines ease, BRICS will remain a financial forum, not a unified power bloc.

This is not just diplomacy — it’s the structural limit of multipolar alignment in real time.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — “India Skips BRICS Naval Drill as China Tensions Escalate”

• AfricaNews — “Chinese and Iranian Warships Arrive in South Africa for BRICS Naval Exercises”

~~~~~~~~~~

DIPLOMACY BY DIAL TONE — How One Missed Call Derailed the India–U.S. Trade Deal
When personal politics replaced policy, tariffs did the talking

Overview

• A near-final India–U.S. trade agreement collapsed not over substance, but over a missed leader-level phone call.

• U.S. Commerce Secretary Howard Lutnick stated the deal was “all set up”, awaiting a call from Prime Minister Narendra Modi that never came.

• The breakdown triggered punitive U.S. tariffs, escalating economic pressure on India.

• Markets reacted sharply, with the Indian rupee hitting record lows.

Key Developments

• Lutnick revealed that negotiations stalled because Modi did not personally call President Donald Trump to finalize the agreement.

• He stated New Delhi was uncomfortable initiating the call, despite the deal being structurally complete.

• Following the collapse, Trump doubled tariffs on Indian goods to 50%, the highest imposed on any U.S. trading partner.

• A 25% tariff component was explicitly tied to India’s continued purchases of Russian oil, linking trade penalties to geopolitical alignment.

• Trump has since warned of further tariff increases unless India reduces Russian energy imports.

• Indian officials declined public comment, while privately acknowledging concerns about political exposure from one-sided diplomacy.

Why It Matters to Currency Holders

Trade negotiations between major economies directly influence capital flows, currency stability, and investor confidence.

• Tariffs as Shock Weapons: Sudden trade penalties inject volatility into currencies and equity markets.

• Rupee Vulnerability: Escalating tariffs and uncertainty accelerated downward pressure on India’s currency.

• Geopolitics Over Economics: Trade policy is now openly leveraged to force geopolitical alignment.

• Confidence Breakdown: Markets price predictability — personal diplomacy increases risk premiums.

Implications for the Global Reset

Pillar 1 – Weaponized Trade Policy
Tariffs are no longer defensive tools; they are instruments of geopolitical enforcement.

Pillar 2 – Fragility of Personalized Diplomacy
When agreements depend on leader chemistry instead of institutional process, systemic reliability weakens.

Key Takeaway

The stalled India–U.S. trade deal was not undone by tariffs, technicalities, or negotiators — it was undone by silence. As diplomacy becomes increasingly personalized, symbolic gestures now carry real economic consequences. In this environment, missed signals can trigger market shocks, currency stress, and long-term strategic drift.

This is not just a trade dispute — it is a warning about how fragile modern diplomacy has become.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — “A Call That Never Came: How a Modi-Trump Snub Stalled the India-U.S. Trade Deal”

• Reuters — India‑US trade deal stalled after Modi did not call Trump, Lutnick says

~~~~~~~~~~

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

Some “Currency News” Posted by Henig at KTFA 1-9-2026

KTFA:

Henig:  IMO: The currency of Thailand-the Baht-exchanges at $0.032.

Vietnam’s digital economy grows, national GDP may overtake Thailand’s

Jan 6, 2026, 10:36 am EST | Lu-Hai Liang

Vietnam’s digital economy reached $39 billion in gross merchandise value in 2025, growing 17 percent, the second‑highest rate in Southeast Asia.

However, Minister of Science and Technology Nguyen Manh Hung noted that much of the 2025 digital economy still centered on digitizing existing processes rather than creating new digital‑native business models.

Heavy reliance on foreign platforms and limited SME integration into digital supply chains continued to constrain domestic value creation.

Experts highlighted the need for stronger foundations. Director of the National Data Center, Maj. Gen. Nguyen Ngoc Cuong, stressed that accurate, standardized and continuously updated population data is vital for secure and scalable digital services, according to a report from Vietnam Net.

Sectors such as e‑commerce, digital finance, health and education depend on robust electronic identification systems to prevent fraud and build trust. When combined with AI and Big Data, such data can generate economic value far beyond its initial use, according to the director.

Industry leaders also called for targeted policy support. Dr Pham Tuan Anh recommended government‑led hubs for green and digital transformation, incentives for FDI tied to local tech adoption, and deeper supply chain integration to strengthen domestic firms. Le Hong Viet of FPT Smart Cloud proposed public–private partnerships to expand national computing capacity and create a shared “factory” for research and development that’s accessible to all sectors.

This comes as Vietnam may score a major coup in surpassing Thailand in economic size, as measured by nominal GDP, per a report from International Business Times. Rapid growth combined with state-led infrastructure investment could see Vietnam become ASEAN’s second largest economy, behind Indonesia.

Digital ID system for all real estate assets under new national decree
Vietnam has issued a new regulation establishing a unified digital identification framework for all real estate assets. Beginning March 1, every real estate property will be issued a digital ID code, according to Vietnam Net.

The measure is set out in Decree 357/2025/ND‑CP and creates a centrally managed national information system and database for housing and the real estate market. The government says the system will ensure consistent data standards nationwide while improving transparency and state oversight.

A core aspect of the decree is the introduction of electronic identification codes for every real estate product in Vietnam. Under Clause 5, Article 3, each property — whether an apartment, standalone house, or unit within a construction project — will receive a unique digital ID of up to 40 alphanumeric characters.

For residential properties, the ID is generated automatically using key data groups: land parcel identifier; project or construction code; location code (where applicable); a system‑generated sequence of characters.

Local Departments of Construction will assign these IDs when confirming a property’s eligibility for sale, including for off plan or future-completed housing. A similar structure applies to floor space units within buildings, with IDs created when feasibility studies for construction projects are approved. Condominium management boards, licensed real estate brokers, and beneficiaries of social housing support will also receive digital identifiers.

The Ministry of Construction will manage the national system, while provincial authorities will collect, update and maintain data within their jurisdictions. Access will be tiered, with organizations and individuals granted permissions to create, update or retrieve information based on authorization from state agencies.

The system is designed to align with Vietnam’s national data architecture, supporting API‑based interoperability, decentralized access models, and integration with other national and sectoral databases. Once information is shared across connected systems, agencies will not be required to recollect it.

All data in the platform is classified as state property and protected under national information security, state secrecy, and personal data protection rules. Only aggregate information will be publicly accessible via the system’s online portal. Users will be able to obtain real estate data through three official channels: the system’s public information portal or online system‑to‑system integration or formal written requests to relevant authorities.

Data sharing among state agencies will be free unless otherwise regulated. Organizations or individuals seeking detailed or specialized datasets must submit requests through the National Public Service Portal or other authorized channels, with fees applied according to pricing rules.

https://www.biometricupdate.co.....-thailands

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

Henig:  IMO: Very interesting. *ANOTHER* country's currency in the works.

Floating the Moroccan Dirham: Challenges and Opportunities in 2026

Morocco is on the brink of a transformative economic reform as it prepares to transition to a floating exchange rate for the dirham by 2026. This historic move represents a strategic effort by the government to enhance the nation’s economic resilience, attract foreign investment, and integrate more deeply into global financial markets

Designed to unlock long-term growth, this reform brings with it immediate risks that must be navigated with precision, requiring robust planning and economic stability.

By Badr Bouarich  Dec, 29, 2024

Morocco is on the brink of a transformative economic reform as it prepares to transition to a floating exchange rate for the dirham by 2026. This historic move represents a strategic effort by the government to enhance the nation’s economic resilience, attract foreign investment, and integrate more deeply into global financial markets. Designed to unlock long-term growth, this reform brings with it immediate risks that must be navigated with precision, requiring robust planning and economic stability.

Financial expert and former academic Badr Bouarich sheds light on the complexities of this transition. His insights highlight the critical challenges Morocco must address to safeguard its economy and the potential rewards that lie ahead if the reform is managed successfully.

Key Challenges of Floating the Dirham
The shift to a floating exchange rate, abandoning the current system of pegging the Dirham to the Euro and Dollar, comes with significant challenges.

Bouarich identifies three key issues: inflation, external debt, and currency volatility, each with far-reaching implications for Morocco’s economy.

Inflationary Pressure
Morocco relies heavily on imports for essential goods, including oil, wheat, and other staples. In 2023, Morocco imported approximately $12 billion worth of energy-related products and around $8.9 billion worth of food products (such as wheat and sugar), reflecting its dependency on external markets for critical supplies.

A weaker dirham could significantly increase the cost of these imports, driving up consumer prices and eroding purchasing power. Inflationary effects could hit low-income households the hardest, exacerbating social inequalities. Bouarich warns that without targeted safety nets, these groups may face severe economic hardship.

External Debt
Morocco’s external debt stood at approximately $69.2 billion as of late 2023, representing around 50% of GDP. A sharp depreciation of the dirham could escalate debt servicing costs, strain public finances and divert resources away from vital development programs. In 2023, debt servicing costs reached $4.9 billion, a figure likely to increase with a weaker currency.

This could undermine Morocco’s fiscal stability and its ability to maintain investor confidence in international markets. Bouarich emphasizes the importance of fiscal discipline and careful debt management to mitigate these risks.

Currency Volatility
Floating currencies are subject to market-driven fluctuations, which could create uncertainty for businesses and investors. Sharp volatility episodes can deter foreign direct investment (FDI) and disrupt trade in the short term.

Morocco’s FDI inflow in 2023 rose to $2.5 billion, reflecting a moderate increase compared to 2022. Sustaining or growing foreign investment will require robust financial safeguards. Financial institutions must be prepared to counter speculative attacks on the dirham, ensuring market stability during the transition.

Strategic Mitigation Measures
To navigate these challenges, Morocco must adopt strategic measures that ensure economic stability while leveraging the benefits of a floating exchange rate. Bank Al-Maghrib, the country’s central bank, will play a pivotal role in managing currency markets and intervening when necessary, while addressing structural issues, to prevent excessive fluctuations. These interventions will be critical to maintaining investor confidence and fostering a stable economic environment.

Bouarich also highlights the importance of encouraging businesses, particularly those in the energy and commodity sectors, to adopt hedging strategies. These financial tools can protect companies from the adverse effects of both underlying asset & exchange rate volatilities, ensuring operational stability. Moreover, implementing regulations to cap distributor profits in essential sectors such as energy and food can help stabilize domestic markets and shield consumers from inflationary shocks.

Learning from Global Experiences
Morocco’s approach to transition to a floating exchange rate stands out as a measured and proactive one. Bouarich contrasts this with Egypt’s experience in 2016, where a sudden, forced and unplanned flotation led to a steep devaluation of the Egyptian pound, causing inflation to spiral out of control, reaching 30% by 2017. Egypt’s lack of preparation resulted in significant social and economic unrest.

In contrast, Morocco has maintained stable foreign reserves, estimated at $36 billion in 2024, equivalent to nearly six months of import coverage. The country has additionally kept inflation under control at 1% as of end 2024. By learning from global experiences, Morocco can avoid the pitfalls encountered by others and implement a smoother, more effective reform.

Boosting Export Competitiveness
One of the most promising benefits of a floating dirham is the potential to enhance Morocco’s export competitiveness. A weaker dirham could make Moroccan goods and services more affordable in international markets, benefiting industries such as agriculture, tourism, and manufacturing. Morocco’s exports of goods and services were valued at approximately $42.5 billion in 2023, and a competitive currency could further bolster this figure.

However, Bouarich cautions that realizing these benefits will require continuous investments in infrastructure, logistics, and workforce development. For instance, improving port facilities such as the Tanger-Med Port, which handles over 9 million containers annually, and transportation networks can reduce export costs and improve efficiency, while upskilling the workforce can enhance productivity, innovation, quality and image.

 These complementary investments are essential to ensuring that the advantages of a floating exchange rate translate into tangible economic growth.

Conclusion and Next Steps
The transition to a floating exchange rate for the dirham is a bold reform that represents both significant risks and transformative opportunities. Morocco’s success will hinge on its ability to maintain economic stability, protect vulnerable populations from inflationary pressures, and foster confidence among investors and businesses.

 With careful planning, strategic interventions, and fiscal discipline, this reform has the potential to position Morocco as a competitive player in global markets.

The journey to a floating dirham is only beginning. In the next article in this series, we will explore the critical role of communication, policy measures, and stakeholder engagement in ensuring a smooth transition.

https://www.moroccoworldnews.c.....s-in-2026/

Iraq Economic News and Points To Ponder Friday Afternoon 1-9-26

Central Bank Governor: Weak Economic Diversification Is Putting Pressure On The Dollar And The Exchange Rate.

Banks  Economy News – Baghdad  The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that the limited economic diversification and weak productive sectors have made Iraq a country that is primarily an importer, which puts continuous pressure on the dollar and the exchange rate.

Al-Alaq explained, during a lecture on development financing in light of the global debt crisis, held on the sidelines of the Fifth Regional Conference of the Al-Baraka Forum for Islamic Economics, which is being held in Cairo in partnership with the General Secretariat of the League of Arab States, that “the Iraqi scene is facing intertwined pressures and accumulated infrastructure and development challenges, which require diversifying the economy and maximizing public revenues,” noting that “public finances in Iraq depend on oil exports by more than 90%, which is an unconventional source subject to fluctuations in global prices, which leads to fluctuations in revenues and weak financial stability, which necessitates finding structural solutions.”

He explained that “the limited economic diversification and weak productive sectors have made Iraq a country that is primarily an importer, which puts continuous pressure on the dollar and the exchange rate, especially with the rise in purchasing power and the increase in daily demand for foreign currency, which directly affects monetary policy, which has achieved great success in balancing the maintenance of price levels, managing liquidity, and stimulating the economy.”

He pointed out that "public spending pressures, particularly on salaries, subsidies and basic services, pose an additional challenge," stressing "the difficulty of reducing these expenditures due to the potential social repercussions, at a time when the central bank is striving to avoid inflation and maintain monetary stability to protect the social structure of the country."

Al-Alaq pointed out that “Iraq has been able in recent years to finance part of the financial deficit through the development of non-oil revenues, while continuing to coordinate with the Prime Minister with the aim of maximizing these resources and reducing dependence on oil,” in an effort to break what he described as the “financial dominance” of oil revenues over the general budget.

The governor of the Central Bank affirmed that "the stability of the exchange rate is a pivotal goal, as it provides a safe cover for investors and citizens," noting that "Iraq has succeeded in raising the size of foreign reserves and linking them to a package of integrated monetary policies, which have contributed to reducing the inflation rate to about 1%, which is among the lowest levels recorded."

He added that "Iraq is in the process of governing the banking sector," revealing that "an update is underway in cooperation between the Central Bank and an international company for a comprehensive reform plan, which includes reviewing bank licenses according to new conditions and standards, in order to strengthen the banking system and raise its efficiency."

Regarding Islamic bonds, Al-Alaq explained that "there are no Islamic bond instruments in Iraq yet," noting that "there is an integrated project submitted by the Central Bank to the Iraqi Parliament for voting, which opens new horizons for financing and investment."

On the issue of debt, Al-Alaq stressed "the need to find an organized and continuous international dialogue between creditors and debtors," calling for "the establishment of a regional platform to organize this dialogue and reduce the gap between the two parties, in order to ensure negotiations without significant losses, and to contribute to the implementation of reforms and the strengthening of the economic base with the support of the participating countries."

He pointed to “international studies showing that losses in the debt file may range between 20% and 25% as a result of poorly considered financing conditions or delays,” stressing that “negotiating platforms contribute to reducing these losses and enhancing international cooperation by improving debt conditions, bridging the information gap, and exchanging experiences in economic reform processes.”  https://economy-news.net/content.php?id=63504

A Sudanese Advisor Explains To "Al-Eqtisad News" The Repercussions Of Fixing The Exchange Rate At 1300 Dinars In The 2026 Budget.

Money and Business  Economy News – Baghdad   The Prime Minister’s Advisor for Economic and Financial Affairs, Mazhar Muhammad Salih, revealed on Thursday the impact of the Central Bank of Iraq’s decision to fix the official exchange rate at 1300 dinars in the 2026 budget.

Saleh told Al-Eqtisad News that "the government decided to fix the official exchange rate at 1,300 dinars per US dollar in the 2026 budget project, within the framework of what he described as 'calculated coordination between fiscal and monetary policies'."

He explained that this step represents a limited increase in the value of the Iraqi dinar, and is a positive sign that reflects the strength of the country’s foreign reserves and the ability of monetary policy to confidently maintain stability.

He pointed out that fiscal policy is now moving towards maximizing real revenues, moving away from resorting to what is known as "monetary adjustment," which relies on using the exchange rate as an indirect financing tool, stressing that this trend promotes the use of authentic financial instruments to mobilize resources and control spending.

The advisor stressed that this monetary signal sends a clear message that containing inflation and stabilizing the national economy is a permanent priority, while maintaining the independence of monetary policy, and pushing fiscal policy towards greater efficiency and responsibility, in order to achieve the sustainability of macroeconomic balance in the Iraqi economy.

Earlier today, the Central Bank of Iraq addressed the Ministry of Finance regarding fixing the official exchange rate at 1300 dinars in the 2026 budget.  https://economy-news.net/content.php?id=64316

The Dollar Stabilizes As Concerns About Venezuela Subside.

Money and Business     Economy News — Follow-up  The dollar held near a two-week high as Asian trading began on Tuesday, with market jitters over U.S. military action in Venezuela easing and dovish comments from Federal Reserve officials encouraging risk-taking on Wall Street.

The dollar index, which measures its performance against a basket of six currencies, stood at 98.36, up 0.04%, after ending a four-day winning streak on Monday.

“The market isn’t really worried about what’s happening geopolitically, at least in the near term,” said Rodrigo Catril, a currency strategist at National Australia Bank in Sydney. He added that this environment “reduces the appeal of safe-haven assets, and we’ve seen the dollar in a difficult position,” according to Reuters. https://economy-news.net/content.php?id=64219

Monetary Policy Indicators Confirm The Central Bank Will Be First In 2025

In countries that adopt an institutionally managed economic system, each institution retains its independence and authority to manage economic affairs according to the methodology and philosophy that aims to achieve economic stability and the well-being of society.

Therefore, central banks receive special attention in most countries of the world as the sovereign and prudent economic institution concerned with achieving the above goal through the application of monetary policy tools and the realization of its objectives.

With the approach of the end of 2025 and the beginning of 2026, and following a review and analysis of the policies, programs, and procedures implemented by the Central Bank of Iraq in 2025—a year of political and economic challenges and crises, and numerous changes at the global and regional levels, which negatively and positively impacted the Iraqi economy—the Central Bank demonstrated its wisdom and efficiency in overcoming challenges and moving forward to achieve its objectives set for the next three years.

It also proved to be the leading economic institution in 2025. On this occasion, we must appreciate the outstanding efforts made by the specialized administrative and technical leaders and distinguished employees of the Central Bank who contributed effectively to the implementation of what was stated in the government program in Axis 12 (Financial and Banking Reform) during the years (2023-2025) and the Central Bank’s third strategy and the comprehensive banking reform project.

The launch of the financial inclusion strategy, the promotion of digital transformation, the activation of electronic payments, and the strengthening of cybersecurity.

The Central Bank was able to achieve economic growth and stability in extremely complex economic, security, and political conditions, and was able to implement developmental, structural, and technological policies and programs, and take numerous measures in cooperation with the government to regulate foreign trade financing, control foreign transfers, integrate into the global financial and banking system, comply with international standards, and move to the electronic platform.

Achieving the main and sub-goals of its third strategy and starting to implement the comprehensive banking reform project according to the paths drawn up in cooperation with the global consulting firm Oliver Wyman to enable the banking sector to grow and develop and to be a solid, comprehensive, modern and flexible sector that works hard to build a rapidly growing national economy, contributes to development and investment, creates a cumulative increase in the gross domestic product, provides one million job opportunities for the unemployed, raises the market value of the private banking sector and achieves rewarding and sustainable returns for its investors. In addition to increasing foreign investment and achieving growth in financial inclusion, financing and deposits.

Analysis of monetary policy indicators as of the third quarter of 2025 indicates the building of foreign exchange reserves of around $100 billion. Gold reserves at the Central Bank recorded a significant growth rate of (64%), reaching a value of (27.552) billion dinars, equivalent to (173) tons during the same period, compared to a value of (16.817) billion dinars in the second quarter of 2024. 

The decrease in the issued currency contributed to a decrease in the inflation rate, which maintains the stability of the general price level, as the currency issued by the Central Bank recorded a decrease in the rate of (5.50%), reaching (99.681) billion dinars during the same period, compared to a value of (104.127) billion dinars in the second quarter of 2024.

The decrease in the inflation rate also indicates a decrease in the general price level, as inflation recorded a low rate of (76%), reaching (0.8%) compared to the second quarter of 2024, which reached (3.5%). This confirms that the Central Bank was able to build basic pillars for monetary and economic stability and achieve the most important objectives of monetary policy.

Therefore, I believe, with complete impartiality and transparency, that we should stand in respect for the efforts of the Central Bank and its distinguished staff who achieved the above accomplishments, and I hope that those efforts will be evaluated, which is a legitimate entitlement.  https://economy-news.net/content.php?id=63555

Gold Exposes Dollar Reset While Media Pushes False Narrative

Gold Exposes Dollar Reset While Media Pushes False Narrative

Taylor Kenny:  1-8-2025

Is gold really rising because of Fed rate cuts—or is something far bigger happening?

Taylor breaks down the data, exposes the media lies, and shows how to protect your wealth in the face of a global monetary reset.

The recent surge in gold prices has left many investors and economists scratching their heads, trying to understand the underlying drivers behind this trend.

The mainstream narrative suggests that the anticipated Federal Reserve rate cuts are the primary reason for gold’s rise. However, a recent video presentation challenges this simplistic explanation, revealing a more complex and nuanced reality.

According to the presenter, the real driver behind gold’s surge is not the expected Fed rate cuts, but rather a profound and historic global monetary reset triggered by the accelerating collapse of the U.S. dollar and the unsustainable debt burden the country carries.

This narrative is rooted in outdated economic thinking and fails to account for the deeper structural issues plaguing the global economy.

The video highlights how main stream media’s reporting on economic indicators like unemployment often understates the true economic distress faced by many Americans.

Official numbers may look rosy, but they don’t tell the whole story. Meanwhile, gold prices have been skyrocketing, far outpacing what traditional Fed rate cut logic would predict.

A closer examination of historical gold price movements in relation to federal funds rate changes reveals a striking disconnect. The current gold price increases cannot be explained solely by expected rate cuts. Instead, the presenter argues that the massive U.S. debt, now exceeding $38 trillion, is the fundamental issue driving the gold market.

This unsustainable debt burden has created a debt doom loop, where rising interest costs further exacerbate fiscal instability.

Decades of overspending and currency printing have led to inflationary pressures that threaten to culminate in a currency reset, similar to historical examples from Venezuela, Germany, and Mexico.

In such scenarios, fiat currencies lose value rapidly, and those holding physical gold and silver are protected.

The video emphasizes that central banks worldwide are increasingly accumulating gold to back a new monetary system, underscoring gold’s role as a true store of value without counterparty risk.

As the global economy teeters on the brink of a monumental shift, acquiring physical gold and silver is becoming an essential insurance policy against the failing fiat system.

So, what can investors do to protect their wealth in this uncertain environment? The presenter advocates for educating oneself and developing a protective wealth strategy.

With the global monetary system on the cusp of a significant reset, it’s more crucial than ever to have a solid understanding of the underlying trends and drivers.

In conclusion, the recent surge in gold prices is not just a simple response to expected Fed rate cuts. Rather, it’s a symptom of a more profound and historic global monetary reset, driven by the accelerating collapse of the U.S. dollar and the unsustainable debt burden.

 As the world hurtles towards a new monetary reality, investors would do well to take heed of the warning signs and position themselves accordingly.

CHAPTERS:

00:00 – The Lie Behind Gold’s Rise

02:12 – The True Unemployment Rate Is 25%

 03:05 – Is Gold Reacting to Rate Cuts? Not Anymore.

05:29 – Gold’s Current Surge Is Unprecedented

07:47 – Currency Collapse: A Historical Pattern

08:46 – Central Banks Are Hoarding Gold

10:38 – Final Thoughts

https://www.youtube.com/watch?v=_4mNCxTkAWM

News, Rumors and Opinions Friday 1-9-2026

KTFA:

Clare:  A Sudanese advisor explains to "Al-Eqtisad News" the repercussions of fixing the exchange rate at 1300 dinars in the 2026 budget.

1/8/2025  Economy News – Baghdad

The Prime Minister’s Advisor for Economic and Financial Affairs, Mazhar Muhammad Salih, revealed on Thursday the impact of the Central Bank of Iraq’s decision to fix the official exchange rate at 1300 dinars in the 2026 budget.

Saleh told Al-Eqtisad News that "the government decided to fix the official exchange rate at 1,300 dinars per US dollar in the 2026 budget project, within the framework of what he described as 'calculated coordination between fiscal and monetary policies'."

He explained that this step represents a limited increase in the value of the Iraqi dinar, and is a positive sign that reflects the strength of the country’s foreign reserves and the ability of monetary policy to confidently maintain stability.

He pointed out that fiscal policy is now moving towards maximizing real revenues, moving away from resorting to what is known as "monetary adjustment," which relies on using the exchange rate as an indirect financing tool, stressing that this trend promotes the use of authentic financial instruments to mobilize resources and control spending.

The advisor stressed that this monetary signal sends a clear message that containing inflation and stabilizing the national economy is a permanent priority, while maintaining the independence of monetary policy, and pushing fiscal policy towards greater efficiency and responsibility, in order to achieve the sustainability of macroeconomic balance in the Iraqi economy.

Earlier today, the Central Bank of Iraq addressed the Ministry of Finance regarding fixing the official exchange rate at 1300 dinars in the 2026 budget.  LINK

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Clare:  They warned of a "major recession"... Baghdad merchants complain about high taxes and customs duties: the citizen is the one who suffers

1/8/2025

 Wholesalers and owners of goods and merchandise warehouses in the capital, Baghdad, expressed their strong dissatisfaction with the government’s recent decisions regarding increasing taxes and implementing the new customs tariff, in addition to imposing a quality mark on all imported goods.

Traders confirmed that these simultaneous measures caused clear disruption in buying and selling, warning that continued tax pressure would lead to a major recession in local markets, as a result of the sudden increase in import and storage costs, and the difficulty for the market to absorb these price increases.

Salem Hassan, a construction materials trader, told Shafaq News Agency that "customs duties have increased significantly to more than 30%, which is equivalent to one-third of the price of some materials," noting that the average citizen is no longer able to purchase his basic needs.

He added that "this increase has caused a recession in the markets, while wholesale stores have raised prices for traders," calling on the state to find urgent solutions to this problem.

For his part, a wholesaler of single-use plastic materials in the Jameela Industrial Area pointed out that raising customs duties prompted them to stop import operations, noting that these materials are used daily in packaging food products.

The traders explained to Shafaq News Agency that "the state must find quick solutions, because the citizen will be the victim as he is the last consumer," indicating that the imposed customs duties are excessive.

For his part, economist Mohammed Al-Hassani told Shafaq News Agency that imposing customs duties on goods and commodities would lead to higher inflation rates and an economic recession.

He explained that the government imposed these fees at a time when Iraq does not have an industrial sector capable of meeting market needs, and that the available local production is insufficient, warning that this will contribute to increasing unemployment rates among young people.  LINK

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

Jeff   To join the World Trade you have to have more than one revenue stream.  Historically Iraq's pretty much always had about one revenue stream which was oil...They're talking about increasing taxes.  They have tax reform coming forward but would still have to be amended and approved after the rate changes of course because taxes involve tariffs working with foreign currencies...This gives them eligibility towards joining the World Trade...They're closer than they've ever been towards joining the World Trade.  The rate has to change first...to position them in the World Trade.

Walkingstick  Prime Minister Sudani can fire the governor of the CBI, Alaq in a nanosecond and replace him.  IMO if Alaq does not do what he is supposed to do in these series of meetings coming up he will lose his position...Alaq can be removed very quickly...Sudani can fire Alaq if he feels he is not doing his job.  It's really winding down to these series of meetings that parliament is going to be having...

Frank26   Monetary reform is ready to go.  The only thing missing is the spark that will give it life and that would be the new exchange rate.  That will come from the Central Bank of Iraq...Who the hell runs the CBI?  The board of directors.  You think the board of directors want the monetary reform?  Oh, yes!  They're not politicians...We're going to get the new exchange rate because if you [Alaq] don't give it up, you're gone sir. 

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$120 Silver, $6000 Gold In 2026 | Craig Hemke

Liberty and Finance:  1-8-2026

Craig Hemke explains that the current gold and silver bull market is fundamentally different from past cycles because it is being driven by physical shortages rather than speculative paper trading.

He highlights persistent multi year supply deficits backwardation in silver and growing stress in the fractional reserve pricing system.

 Government actions such as declaring silver a critical mineral export controls and rising geopolitical tensions are tightening supply and increasing volatility.

Hemke downplays fears of index rebalancing selloffs and argues that physical demand will prevent deep long term price declines.

Based on repeating breakout and consolidation patterns and these structural forces he forecasts roughly $6,000 gold and $120 silver by the end of 2026.

INTERVIEW TIMELINE:

0:00 Intro

1:22 Silver market update

 17:35 Geopolitics & metals

23:51 2026 gold & silver targets

https://www.youtube.com/watch?v=b2UBICD7hzA

Iraq Economic News and Points To Ponder Friday Morning 1-9-26

Could Exchanging Our Dinar and Dong Be Like This ?????

The Central Bank Of Syria Requires Citizens To Follow New Procedures When Exchanging Currency.

Banks  Economy News - Follow-up   The Central Bank of Syria announced the regulations that must be followed by citizens and customers when submitting old Syrian pound banknotes to authorized entities for exchange for new banknotes, as part of the ongoing preparations for the upcoming exchange process.

The bank explained that these procedures aim to accelerate and simplify the replacement process in coordination with all relevant parties, stressing the importance of adhering to the correct arrangement of banknotes in bundles, so that each bundle contains banknotes of the same denomination and issue, and that the number of pieces in each bundle does not exceed 100 banknotes.

The bank explained that customers must arrange banknotes symmetrically so that the face is facing up in all bundles, while damaged banknotes must be sorted into separate bundles according to the same controls, with proof that they are damaged being provided, according to the Syrian News Agency “SANA”.

 The bank stressed that compliance with these instructions contributes to saving time and effort for citizens and concerned parties, and enhances the cooperation necessary to make the replacement process a success and ensure that it proceeds smoothly and quickly.

 66 Companies And 1,000 Outlets

The Governor of the Central Bank of Syria, Abdul Qader al-Hasriya, announced that there will be ease and flexibility in exchanging the new national currency, the Syrian pound, as the exchange will be done through 66 companies and a thousand outlets dedicated to this purpose.

Al-Hasri said that the new denominations of the Syrian currency will start with six denominations: 5, 10, 25, 50, 100, and 500 liras, with the new lira being equivalent to one hundred old liras, while the 500 new liras is equivalent to 50,000 old liras, noting that this contributes to making it easier to carry money and the money supply remains without additions.

He added that the currency replacement will not affect its value, since the change is a change in nominal value, so the value is the same and the replacement will not have direct effects on its value, explaining that the Syrian Central Bank will reopen its branch in Idlib, like the rest of the governorates.

 Modern Security Features

The official stressed that the new currency has modern security features, in addition to special features that enable the visually impaired and blind to use it, explaining that removing zeros will not affect the common functions of the new lira, calling for cooperation from everyone to preserve the value of the lira.

He explained that the standard for the replacement process is to remove two zeros from the nominal value, so that every hundred old Syrian pounds will be equivalent to one new Syrian pound, noting that the replacement process will begin on January 1, 2026 and will continue for 90 days, which is extendable, and will be carried out free of charge without imposing any fees or taxes.

He said that all central bank transactions will be in the new currency at the beginning of the year, calling on citizens not to abandon the old currency during the period of coexistence between the two currencies, as sellers will be required to deal in both.   https://economy-news.net/content.php?id=63968

Central Bank: The Dollar Is Stable At 1320 Dinars, And The Rise In The Parallel Market Is Due To Demand Outside Banks.

Economy News – Baghdad  Haider Ghazi, the media officer of the Central Bank of Iraq, confirmed that there has been no change in the exchange rate of the dollar against the dinar, and it remains fixed at 1320 dinars per dollar, explaining that what is being circulated as an exchange rate is only the demand of the unofficial market for dollars outside the system of banks licensed to work in foreign transfers through correspondent banks.

Ghazi, in a statement according to the official newspaper, attributed the main reason for the rise in the parallel market to the customs duty due to demand outside the banking system, noting that the application of the prior customs duty for transfer purposes may have put significant pressure on those seeking cash dollars, and was behind the rise in demand for the dollar against the dinar in the local markets.

He explained that traders are required to bring the customs declaration (customs statement) from the ASYCUDA system before the bank transfer is made to them, adding that on many occasions the Central Bank of Iraq stated that the ways to obtain dollars are through:

First, external transfers through banks in a systematic and documented manner with all parties, and second, through the traveler's dollar after depositing an amount in Iraqi dinars with companies of categories A and B, and it is received through outlets inside Iraqi airports, as the bank set the traveler's share per month at $3,000. https://economy-news.net/content.php?id=64273

The Central Bank Tells The Ministry Of Finance: The Official Exchange Rate Will Be 1300 Dinars In The 2026 Budget.

Baghdad-INA  The Central Bank of Iraq addressed the Ministry of Finance on Thursday regarding the draft federal general budget law for the year 2026, noting that the official exchange rate will be 1300 dinars in the 2026 budget.
 
The Central Bank addressed the Budget Department at the Ministry of Finance regarding the draft Federal General Budget Law for the Republic of Iraq for the year 2026.
 
The Central Bank stated that "the official exchange rate that will be adopted in 2026 is (1300) dinars per dollar, which has been in effect since February 2023."
 
Sources revealed that "the Central Bank will buy dollars at a price of 1300 dinars from the Ministry of Finance and sell them at a price of 1310 dinars to banks, which will sell them at 1320 dinars to traders and foreign transfers." 
https://ina.iq/ar/economie/252092-1300-2026.html

The Iranian Central Bank Announces Direct Intervention In The "Exchange Market" Following Sharp Judicial Criticism.

Banks   Economy News - Follow-up  The spokesman for the Central Bank of Iran announced, in conjunction with the head of the judiciary's criticism of the bank's performance in the foreign exchange market, that it has been decided that the Central Bank will intervene in this market.

According to Iranian media reports, Mohammad Shirjian said that the board of directors and the exchange market management committee, chaired by the governor of the central bank, held a meeting today and it was agreed that the central bank would "intervene in the foreign exchange market using modern methods, on a large scale, continuously and intensively."

He did not provide details about the nature of this intervention, simply saying that an announcement would be made later.

Foreign currency prices in Iran have witnessed a rapid rise again in recent weeks. According to the latest reports from exchange rate monitoring websites, the price of the dollar exceeded 132,000 tomans on Monday, while the price of the euro reached 155,000 tomans, and the price of the British pound reached 177,000 tomans.

Monitoring by the “Tejarat News” website shows that the price of the dollar rose during the period from November 20 to December 20 of this year by about 18,000 tomans, which is equivalent to an increase of nearly 16 percent.

Media outlets inside Iran attribute the new jumps in the dollar's price to the recent policies of Masoud Pezeshkian's government, particularly the move towards economic liberalization and the abolition of the subsidized exchange rate.

The spokesman for the Central Bank of Iran said that, in cooperation with the Securities and Exchange Organization, two funds are planned to be launched: the “Foreign Currency Project Fund” and the “Foreign Currency Fixed Income Fund.”

He explained that “all citizens and economic actors can, using their various foreign currency resources, whether cash, remittances, or foreign currency accounts, purchase units of these funds.”

The central bank's announcement came hours after Gholam Hossein Mohseni Ejei, the head of Iran's judiciary, criticized the bank's performance, saying: "The central bank has responsibilities and powers, and it must fulfill them; there should be no expectation that the judiciary will replace the central bank in carrying out its duties."

Referring to the Central Bank’s announcement of “identifying and freezing more than six thousand bank accounts belonging to 251 individuals suspected of money laundering and disrupting the exchange market,” Ejei asked: “How were these six thousand bank accounts created by a limited number of people? Isn’t it the Central Bank’s job to monitor banks?”

Egei also denied the claim of the Central Bank spokesman, who had announced on December 15 that the files of 13 people suspected of disrupting the banking system and the exchange market had been referred to the judicial authorities.

He said in this regard: “Until yesterday, when I followed up on the matter, such a file had not reached the judiciary. It is true that during the past weeks we received information about the case from some regulatory bodies such as the Revolutionary Guard Intelligence Organization, but we did not receive anything from the Central Bank.” https://economy-news.net/content.php?id=63739

“Tidbits From TNT” Friday Morning 1-9-2026

TNT:

Tishwash:  UN assessment: Iraq today is unrecognizable compared to years ago

The UN coordinator in Iraq, Ghulam Ishaq Zai, gave an optimistic assessment of the situation in the country, stressing that Iraq has strengthened confidence in its institutions and is moving steadily towards stability, while noting that the country has become "remarkable and unrecognizable" compared to what it was years ago.

The United Nations website, in a report seen by Shafaq News Agency, stated that Isaac Ze spoke about the transition from the United Nations Assistance Mission for Iraq (UNAMI), whose mandate officially ended last December, to a new partnership with the Iraqi authorities focused on development.

The report quoted the UN envoy as saying that "Iraq today is unrecognizable and wonderful, especially for those who lived through the turbulent early years of the transition," noting that a country devastated by war after the 2003 invasion has now succeeded in building confidence in its institutions and is moving towards greater stability.

Ishaq Zee explained that poverty rates in Iraq have decreased from 20% in 2018 to 17.5% during the period 2024-2025, noting that preliminary reports indicate that Iraq now occupies an advanced position in the Human Development Index, which measures life expectancy, education levels and living standards.

The report indicated that the improved security environment helped about 5 million internally displaced people return to their areas, while those who remained in the camps were mostly due to housing or civil identity issues.

The UN envoy also touched on what he described as an "important milestone," namely the parliamentary elections held last year, in which the participation rate reached 56%, an increase of 12% over the previous elections, with a wide participation of women who constituted about a third of the candidates.

According to the report, the UNAMI mission was established in 2003 to assist Iraq in its transitional phase after the fall of Saddam Hussein’s regime. It went through difficult phases that culminated with the control of large areas of the country by ISIS before its defeat at the end of 2017. The mission ended its work on December 31, 2025, while the United Nations will continue its activities in Iraq under the leadership of Isaac Ze.

The report noted that the new phase of cooperation is based on a five-year development agreement, signed with the Iraqi government on December 25, which constitutes a roadmap to support national priorities, including education, health, economic growth, environmental protection and good governance.

The report also quoted Isaac Zee as saying that the current goal of the United Nations is "to support the social and economic needs of Iraq and to build on what has been achieved over the past two decades," noting that Iraq will contribute to financing the implementation of these programs, in an indication of the development of the partnership and the government's shift from the role of aid recipient to partner and supporter.

The report concluded by noting that the United Nations team in Iraq currently includes 26 agencies, funds and programs of the international organization. link

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Tishwash:  The Central Bank of Iraq is the first institution to implement a "programs and performance" budget.

The Board of Directors of the Central Bank of Iraq approved the bank's budget for 2026, based on the program and performance budgeting methodology.

The bank explained in a statement: "Adopting this methodology aims to move from the traditional approach based on expenditure items to a modern approach that focuses on programs, results, and performance indicators, thereby contributing to increased spending efficiency, enhanced transparency and accountability, and supporting performance- and results-based decision-making."

He pointed out that "previous budgets were prepared according to the traditional method adopted by all state institutions," emphasizing that this approach makes the Central Bank of Iraq the first institution in the Iraqi state to implement a program and performance budget, a step that reflects its commitment to adopting the best international practices in managing its financial resources.

The bank explained that "the 2026 budget included strategic programs, institutional development programs, operational programs, in addition to oversight and regulatory programs, which were prepared according to clear programs, specific activities, and measurable performance indicators subject to periodic evaluation, thus contributing to improving the efficiency of plan implementation and achieving optimal resource utilization."

It affirmed that "adopting a program and performance budget is a pivotal step within the financial and administrative reform path pursued by the bank, enhancing the strength and sustainability of institutional performance and keeping pace with modern developments in expenditure management at the regional and international levels."

The Central Bank of Iraq expressed its readiness to provide technical support and training to Iraqi state institutions, assisting them in transitioning from the traditional method of budget preparation to modern, internationally recognized methods, thereby contributing to the development of public financial management and strengthening the principles of efficiency and good governance.  link

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Tishwash:  Parliament opens the file on non-oil revenues

With mounting pressure on the public budget and a growing need for long-term economic stability, Iraq is entering a pivotal phase in managing its financial resources. All eyes are on the parliamentary session next Saturday to discuss non-oil revenues. This step comes at a time when policymakers are increasingly aware of the importance of reducing overall dependence on oil and strengthening alternative sources of funding that support public services and protect purchasing power. For the citizens.

MP Dr. Ali Saber Al-Kinani told Al-Sabah: “Opening the file on non-oil revenues is a national necessity,” noting that focusing on these revenues contributes to reducing dependence on oil, which alleviates pressure on monetary policy and strengthens purchasing power. For the citizens. 

He added that the parliamentary debate will provide an opportunity to evaluate the performance of the relevant authorities, improve collection mechanisms, and expand the revenue base from various sources. Diverse.

In this context, MP Alaa Al-Haidari pointed out that boosting non-oil revenues is an important step to address financial imbalances in the general budget, support productive sectors, revitalize industry and agriculture, as well as improve the investment environment and create additional job opportunities, which contributes to strengthening economic and social stability.

As part of the government's efforts to increase non-oil revenues, Mazhar Muhammad Salih, the Prime Minister's advisor on financial affairs, explained that the government program to maximize non-oil revenues contributed to a significant increase in their share last year, as a result of adopting digital governance in the tax and customs sectors. Salih told Al-Sabah newspaper that non-oil revenues rose to approximately 12% of the total 2025 budget, compared to about 7% in previous years. This reflects the government's efforts to improve tax and customs collection and achieve greater financial stability, moving away from total dependence on oil.

Saleh added that this improvement includes multiple categories of revenues, most notably commodity taxes, public sector profits, and customs duties, stressing that the government seeks to raise the percentage of non-oil revenues to about (20%) of the total general budget in the coming years by diversifying sources, improving collection mechanisms, and combating financial evasion. 

 link

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Mot: . poor ole Earl!!!!!