Coffee's on. The talk this weekend was the zeros: reports say Iraq is preparing to remove them from the dinar within months. Meanwhile the Central Bank now lets you swap damaged notes from home without going in, a government adviser says the platform has to be easy and fast to work, and the CBI's own standards for replacing damaged banknotes are worth a read. Al-Mada also reports Iraq is moving to borrow $5.4 billion from the IMF. Overseas, France has hit a “point of no return” as the riots spread, Macron says rioters must pay, French bonds and stocks are sliding, and an undercover film follows the money behind Europe's migration pipeline. Plus Trump waived key Russian sanctions and Brazil's runoff is a dead heat. Here's the drop.
Iraq & the Dinar
- Iraq prepares to remove the zeros from the dinar within months — MP Dunaway on X
- The Central Bank lets you exchange damaged currency from home, without going in — 964
- Government adviser: the damaged-currency exchange platform's success depends on ease of use and speed — Al-Maalomah (Arabic)
- Standards for replacing damaged banknotes — Central Bank of Iraq
- Al-Mada reveals Iraqi moves to borrow $5.4 billion from the IMF — Independent Press Agency (Arabic)
Money & Markets
- Trump waived key Russian sanctions; US equity futures set to open firmer — ZeroHedge
- French bonds and stocks drop as riots worsen and Macron fails to restore order — ZeroHedge
Around the World
- France enters a “point of no return” as riots and chaos spread — ZeroHedge
- Macron vows rioters “must pay” as France surveys the wreckage of its worst unrest in years — The Epoch Times
- “Replacing Europe”: undercover film follows the money behind Europe's taxpayer-funded mass migration pipeline — ZeroHedge
- Bolsonaro and Lula tied in the latest poll as Brazil's runoff enters its final week — ZeroHedge
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