Rob Cunningham: America’s New Monetary System

Rob Cunningham: America’s New Monetary System

5-23-2026

America’s New Monetary System

Phase 1 – The Legal trigger:
CLARITY passes by July 4, 2026. Digital assets receive market-structure certainty. Stablecoin rails become institutionally safe under existing GENIUS Law. Tokenized Treasury settlement accelerates.

Phase 2 – US Treasury re-centers:
Treasury introduces new debt-free “Victory Notes” (dollars) as our sovereign monetary instrument, while also issuing ultra-long 50/100-year gold-maturity bonds to absorb old liabilities, refinance duration risk, and create a patriotic savings/institutional reserve asset.

Phase 3 – Stablecoin bridge:
GENIUS-compliant RLUSD-type stablecoins become US constitutionally aligned, programmable front-end dollars: fast, auditable, redeemable, and Treasury-backed. They distribute sovereign U.S. Dollars through compliant digital XRPL rails.

Phase 4 – Fed-note sunset:
Old Federal Reserve liability notes won’t be cancelled overnight. They are gradually redeemed, exchanged, taxed, retired, or digitally migrated. The political key is confidence: no bank panic, no forced confiscation, no broken contracts.

Phase 5 – America’s New Deal:
Our monetary stack becomes:
Gold / long Treasury collateral → Victory Notes → tokenized Treasury reserves → compliant stablecoins → public/private settlement rails

The Result:
No more Fed debt-“money” dependency, lower rollover fragility, fully transparent and perpetually auditable collateral, faster settlement, and a restored, constitutional dollar system that ends perpetual usury by restoring sovereign issuance.

Core Trump/Treasury Execution:
$39T in debt transition requires lawful authority, market consent, Fed/Treasury coordination, banking-system continuity, and global creditor confidence. It will be done wisely, as a most historic, Jubilee-style refinancing.

KUWL Summary

CLARITY opens the rails
GENIUS stabilizes the tokens
VICTORY Notes restore monetary sovereignty
GOLD-maturity bonds absorb the old world without detonating it
JUBILEE refinances our Republic
FREEDOM reigns the world over

(This is my conceptual idea of how things logically evolve. Please share your thoughts, alternate scenarios, and let’s ideate to elevate understanding.)

Source(s):
• https://x.com/KuwlShow/status/2056808497002525014

https://dinarchronicles.com/2026/05/23/rob-cunningham-americas-new-monetary-system/

More “Iraq News” Posted by Tishwash at TNT 5-23-2026

TNT:

Tishwash:  Masrour Barzani will be in Baghdad next week to discuss the electricity and oil files.

 Kurdistan Regional Government Prime Minister Masrour Barzani will head to Baghdad next week, leading a high-level delegation, for a series of talks with the federal government on the electricity and oil sectors.

Aziz Ahmed, Deputy Director of the Prime Minister's Office, stated in a post on the "X" platform that the regional government will present its successful "Ronaki - Electricity" project, which aims to provide 24-hour electricity, during the visit. He emphasized that the delegation will offer technical support to the new Iraqi government to accelerate reforms in the electricity sector across the country.

He added that "the Prime Minister will also address the issue of security guarantees necessary to enable oil and gas companies to resume production and export operations, noting that the ongoing drone threats make it difficult for these companies to continue their work."  link

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Tishwash:  Government advisor: The Ministry of Finance is preparing a three-year emergency plan to boost revenues.

 The Prime Minister’s financial advisor, Mazhar Muhammad Salih, revealed on Friday five options to address the shortfall in financial revenues and restructure the Iraqi economy, in light of the challenges resulting from the decline in oil exports and the closure of the Strait of Hormuz, while indicating  that the Ministry of Finance is moving towards preparing a three-year emergency plan to boost revenues.

Saleh said that "Iraq is facing a financial gap estimated at about $9.5 billion per month as a result of the decline in oil exports," noting that "the Ministry of Finance is moving towards preparing a three-pronged emergency plan that includes internal and external borrowing, in addition to measures to
maximize non-oil revenues through taxes, fees and financial reforms."

He explained that “domestic borrowing is a quick solution to cover salaries and operational obligations, but it may lead to a withdrawal of liquidity from banks, an increase in the cost of local financing, and a weakening of private sector financing, while external borrowing provides liquidity in dollars and maintains relative monetary stability, but it is linked to reform conditions and an increase in debt service burdens.”

He added that “maximizing non-oil revenues is the most strategic option in the medium and long term, through controlling border crossings and customs, automating the tax system, reducing the informal economy, and improving collection without harming economic activity,” noting that “implementing the Government Financial Management Information System (IFMIS) contributes to strengthening financial oversight, reducing waste and corruption, and raising the efficiency of public spending management.”

Saleh stressed that “reforming the banking sector, especially Rafidain and Rasheed banks, is necessary to develop development finance, digital and credit services, as well as the importance of reforming private banks to achieve financial inclusion, support small and medium enterprises and attract investments.”

He explained that “activating the Public-Private Partnership Law would alleviate pressure on the general budget and create new job opportunities, provided that a stable legal environment, investment guarantees, and combating administrative corruption are provided,” stressing that “any emergency plan will not succeed without real financial reform that includes controlling operational spending, reducing waste in government contracts, and adopting spending priorities linked to production and development.”

Saleh explained that "the current crisis represents a real test for the structure of the Iraqi economy, which is dependent on oil," stressing that "accelerating financial and banking reforms and diversifying the economy will enhance the state's ability to cope with geopolitical and economic shocks."  libk

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Tishwash:  The US dollar: Can Washington guarantee its continued flow into Iraq under al-Zaidi's rule?

The US dollar has returned to the forefront of political debate, with assurances that Washington will not stop the flow of currency to Iraq during Ali al-Zaidi's government, amid talk of trade and financial ties that make it difficult to impose financial restrictions that could threaten Iraqi economic stability.

Political analyst Adel Al-Manea confirmed that the United States will not prevent the flow of dollars to Iraq during Ali Al-Zaidi’s government, attributing this to the existence of commercial and financial ties with the American side that will exert pressure towards the continued flow of currency to the country.

Al-Mana’ said: “Talk of new alliances or coalitions that include more than 140 MPs does not actually exist at the moment,” considering that “they do not go beyond being political understandings and reactions to what happened during the session to grant confidence to Al-Zidi’s government.”

Al-Mana’a pointed out that “the current political reality within the coordination framework can be described as ‘a harmony of faces and a difference of hearts,’ stressing that ‘the majority of political parties and rational people are pushing towards passing what remains of Al-Zidi’s cabinet according to the convictions of the representatives, away from political pressures.’”

He explained that “one of the political leaders predicted that Hebat al-Halbousi would not continue as Speaker of Parliament after the vote of confidence session,” noting that “the Sadiqun movement will not participate in al-Zidi’s government.”

Regarding the visit of US General David Petraeus to Iraq and his meeting with al-Zaidi, al-Mana’ said, “It came in the context of emphasizing that no factions should participate in al-Zaidi’s government without exception.”

He pointed to “American proposals related to restructuring some security institutions and including the Popular Mobilization Forces within a new security ministry that includes various security agencies.”

Al-Mana’ also suggested that “Qasim Atta will be appointed Minister of Interior after the Eid al-Adha holiday,” revealing that “more than 28 MPs withdrew from the Reconstruction and Development Alliance due to the failure to adhere to some of the promises and understandings that accompanied the formation of the government.”

He stressed that “Al-Zaydi was put forward by a “heavy” figure from outside the coordination framework and was accepted by most political forces in order to end the political deadlock,” emphasizing “the rejection of any tampering with the Popular Mobilization Forces file, as it is an institution established by a law from the House of Representatives.”  link

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Tishwash:  Among them are members of parliament: The US Treasury sanctions nine individuals for allegedly facilitating Hezbollah activities.

 The US Treasury Department announced on Thursday new sanctions targeting nine individuals accused of facilitating Hezbollah's activities and undermining Lebanese sovereignty.

The sanctions package included members of the Lebanese parliament, the Iranian ambassador to Beirut, Mohammad Reza Raouf Sheibani, and Lebanese security officials, who it said "exploited their positions to support Hezbollah and obstruct efforts to disarm it."

The US Treasury, in a statement translated by Shafaq News Agency, said that the sanctioned individuals "serve Tehran's malicious agenda and impede the path to peace and recovery for the Lebanese people."

In conjunction with these measures, the US State Department’s “Rewards for Justice” program has set up a financial reward of up to $10 million for any information leading to the dismantling of Hezbollah’s financial networks and mechanisms.

Washington issued a strongly worded warning that this step is "just the beginning," vowing to hold accountable anyone who continues to provide cover for the party, cooperates with it, or undermines Lebanon's sovereignty.

A statement issued by the US State Department stressed that Lebanon’s stability, security and independence require the complete disarmament of Hezbollah and the restoration of the Lebanese government’s exclusive and absolute authority over the security file throughout the country.

The statement concluded by reaffirming the United States' commitment to supporting the Lebanese people and their legitimate institutions in building a more secure and prosperous future. link

News, Rumors and Opinions Saturday 5-23-2026

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

Restored Republic via a GCR Update as of Fri. 22 May 2026

Compiled Fri. 22 May 2026 12:01 am EST by Judy Byington

Judy Note: A new US tax system was expected to be announced by July 4 2026. There would be (allegedly) no tax on earnings. The various states will collect their own 14% tax on new items bought only, with no tax on used items bought, medicine, food or housing.

The fiat Dollar was (allegedly) dead and no longer (allegedly) used in international trade. The new US Note was (allegedly) backed by gold and traded at a 1:1 with 209 nation’s currencies of the Global Currency Reset.

The 209 nations of the Global Currency Reset (allegedly) could not be at war with one another in order to participate in the new Global Financial System. It was expected that these Sovereign nations would soon adopt Constitutions in line with the original US Constitution.

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Global Currency Reset:

Thurs. 21 May 2026 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#, 667-770-1865:

• A good source said Tier4b (us, the Internet Group) notifications to make exchange appointments by Friday 22 May 2026

• Another source said Tier4b would get notifications Sat. night or Sun morning 22, 23 May 2026.

• A third source said we would start exchanges Tues. 26 May 2026.

• Tonight Thurs. 21 May a source said we could get notified any time from Memorial Day Mon. 25 May to the end of the month on Sun. 31 May 2026.

• Another source said they wanted this done by the end of the month on Sun. 31 May 2026.

• Zim Holders will be given first priority for exchanges.

• There were 18 currencies that had their new rates on Redemption Center screens, but those rates were trading and changing upward, so there would be better rates when we go to our exchanges.

• Dinar Holders had a higher contract rate that could only be given at a Redemption Center, not at a bank.

• Zim Holders could only redeem at a Redemption Center.

Read full post here :  https://dinarchronicles.com/2026/05/22/restored-republic-via-a-gcr-update-as-of-may-22-2026/

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

Frank26   They can pass laws right now...because it's not a caretaker government.  It's not a fully seated government but it is a seated government.  2/3 can pass laws right now.

MarkZ   [via PDK]   IMO our worst case timeline is within 3 months and 1 to 1...I still think it could go this month…but imo anytime before July 4th. I would not be surprised to see something over this long 3 day weekend. 

Stephen  I believe there are still a few things that need to happen before the Iraqi dinar revalues...What kind of time frame that puts us on, no one really knows...We can only speculate, look at the news to...make a hypothesis...I do think this year 2026 is a very high probability.  But certain things have to play out before then.

Militia Man   The conditions for a managed REER adjustment are the best we've seen in a long time.  The convergences are powerful and happening simultaneously...The last 48 hours have delivered consistent purposeful momentum and movement...The future looks bright.

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The New Fed Chair is About to Cancel America's $39T Debt Crisis

Wall Street Demystified:  5-22-2026

America’s national debt has hit $39 trillion. The new Federal Reserve chairman, Kevin Warsh, just proposed a sweeping overhaul of how the Fed operates.

 In this video, I break down how Warsh’s policy proposals could quietly relieve America's debt crisis and what it means for YOUR finances.

Chapters:

0:00 Intro

0:47 Kevin Warsh’s new inflation framework

4:27 Warsh’s two proposals

6:09 The short-term solution

6:41 The long-term solution

8:55 How does this affect you?

11:22 What should you do?

https://www.youtube.com/watch?v=VRcWjjZc7Mk

Iraq Economic News and Points To Ponder Saturday Morning 5-23-26

The 10 Strongest Currencies In The World... The Top Four Are Arab!

Money and Business   Economy News - Follow-up  For decades, the Kuwaiti dinar has maintained its position as the world's most expensive currency, despite the overwhelming dominance of the US dollar, the euro, and the British pound in global trade and financial markets.

When experts measure the strength of a currency, they don't rely on its fame or how often it appears in movies, but rather on its exchange rate: what you can buy with one Kuwaiti dinar compared to one US dollar. Today, the Kuwaiti dinar tops the list. One dinar can buy more than three US dollars.

At the same time, currency value is not a reliable indicator of the world's largest or wealthiest economy. While Japan's economy is enormous and one of the world's top five, the Japanese yen is among the world's least valuable currencies. The value of a currency is determined by historical factors related to its establishment.

The strange thing is that some of the world's strongest currencies actually come from countries that are not major global powers. They are often small, stable, and heavily reliant on oil revenues. In contrast, economic giants like China, Japan, and India don't even make the top ten.

This does not mean their economies are weak. Experts point out that "most valuable" does not necessarily mean "strongest." The US dollar, for example, dominates global trade but is not the most valuable currency.

But these rankings, based solely on exchange rate value, offer insight into how countries deal with wealth, inflation, exports, and financial stability.

Currencies are not just pieces of paper or numbers in a bank account; they reflect trust, history, stability, and identity. There is always a story behind strength. Even in a financial world dominated by the dollar, the small Kuwaiti dinar quietly reigns supreme.

Below we review the ten strongest currencies currently, in addition to an overview of the reasons for their continued value.

Kuwaiti Dinar

It is considered the king of currencies. The Kuwaiti dinar is widely regarded as the strongest currency in the world. One dinar is worth more than three US dollars. Kuwait's massive oil exports, low taxes, strong sovereign reserves, and sound financial system have contributed to maintaining the dinar's dominance for decades.

Bahraini Dinar

The Bahraini dinar ranks second. Bahrain may be small, but its economy is far more diversified than many of its Gulf neighbors: the banking, oil, and financial sectors all contribute to the dinar's strength. Furthermore, the currency is pegged to the US dollar, which is attractive to investors.

Omani Rial

The Omani rial ranks third. Oman's currency benefits from strong oil revenues and tight monetary policies. The rial has remained stable for years, partly due to Oman's careful control of inflation and exchange rate fluctuations.

Jordanian Dinar

The Jordanian dinar ranks fourth globally and is often considered one of the top currencies on this list. Unlike the Gulf economies, Jordan does not possess vast oil reserves. However, its currency remains highly valued thanks to its prudent monetary policy, foreign investment, and financial stability.

Sterling

The British pound continues to hold a prominent position among the world's leading currencies. It is also one of the oldest currencies still in circulation today, dating back over 1,200 years. London remains a major global financial center, which helps maintain the pound's strength despite the uncertainty surrounding Brexit.

Gibraltar Pound

The Gibraltar pound is closely pegged to the British pound and ranks sixth globally. Gibraltar's currency is directly linked to the pound, meaning the two currencies maintain similar values. Despite its relative obscurity on the global stage, the Gibraltar pound quietly remains among the world's most valuable currencies.

Swiss Franc

The Swiss franc holds a prominent position among leading currencies, distinguished by its enduring stability. This is because Switzerland has long been considered one of the safest financial systems in the world. During global crises, investors often turn to the Swiss franc due to Switzerland's political neutrality, the strength of its banking institutions, and its economic stability. The Swiss franc is widely known as a "safe haven currency."

Cayman Islands Dollar

Next comes the Cayman Islands dollar. Its strength is largely tied to the Cayman Islands' role as a major offshore financial center. The islands' banking and investment sectors attract global wealth, which helps maintain the currency's high value.

Euro

The euro ranks ninth. It is the official currency used in most of Europe. Although the euro does not top the list of exchange rates, it remains one of the most influential currencies in the world due to the enormous size of the European economy. More than 300 million people usethe euro daily, making it one of the most traded currencies globally.

US Dollar

Finally, in tenth place, the US dollar holds a prominent position globally. It is perhaps the most widely recognized currency in the world. In terms of exchange rate value, it ranks tenth, but it still easily dominates global trade, oil deals, investments, and banking reserves. In terms of influence, it is the most powerful and influential currency on Earth.

https://www.economy-news.net/content.php?id=69436

Seeds of Wisdom RV and Economics Updates Saturday Morning 5-23-26

Seeds of Wisdom RV and Economics Updates Saturday Morning 5-23-26

Good Morning Dinar Recaps,

Qatar Enters High-Stakes Iran Negotiations as Gulf Powers Push to Prevent Wider Energy Crisis

Fragile diplomacy intensifies as Qatar joins efforts to secure a U.S.-Iran agreement while the Strait of Hormuz remains at the center of global economic fears.

 Overview

A Qatari negotiating delegation arrived in Tehran as part of expanding diplomatic efforts to help secure a temporary agreement between the United States and Iran aimed at preventing a wider regional war and stabilizing global energy markets.

The negotiations come amid a fragile ceasefire following months of conflict involving U.S.-Israeli military operations against Iran, rising oil market volatility, and severe disruptions to shipping through the Strait of Hormuz — one of the world’s most critical energy corridors.

Qatar’s involvement signals growing urgency among Gulf states to prevent further economic instability as energy supply chains, LNG exports, inflation risks, and currency markets remain under pressure.

Key Developments

1. Qatar Expands Diplomatic Role in U.S.-Iran Negotiations

Qatar has now joined Pakistan in ongoing mediation efforts between Washington and Tehran, despite previously distancing itself after suffering Iranian missile and drone strikes earlier in the conflict.

The Qatari team is reportedly working closely with U.S. officials to narrow remaining disagreements involving Iran’s uranium enrichment program, sanctions relief, and maritime control issues tied to the Strait of Hormuz.

The move reflects Qatar’s growing role as a regional intermediary capable of maintaining communication channels with both Western allies and Iran during periods of crisis.

2. Strait of Hormuz Remains the Central Flashpoint

Negotiations remain heavily focused on the Strait of Hormuz, which previously handled roughly one-fifth of global oil and liquefied natural gas shipments before disruptions intensified.

Iran’s effective control measures and threats involving maritime restrictions have sharply reduced shipping activity, contributing to rising energy prices and renewed inflation concerns globally.

The United States continues maintaining pressure through restrictions targeting Iranian ports and shipping access, while Tehran views Hormuz as one of its remaining strategic leverage points.

3. Global Energy Markets Face Continued Instability

Qatar’s participation carries additional significance because the country is one of the world’s largest LNG exporters and a critical supplier to Europe and Asia.

Iranian strikes earlier in the conflict reportedly damaged portions of Qatar’s LNG production infrastructure, raising concerns about long-term supply reliability during already volatile global energy conditions.

Analysts warn that any prolonged disruption in Hormuz could create major consequences for oil prices, inflation control, manufacturing costs, shipping logistics, and central bank policy worldwide.

4. Diplomacy Advances, But Core Issues Remain Unresolved

While Secretary of State Marco Rubio acknowledged signs of diplomatic progress, both sides remain divided on several major strategic issues.

Iran reportedly continues demanding sanctions relief, security guarantees, and recognition of certain regional interests, while Washington maintains firm positions regarding uranium enrichment and freedom of navigation through Hormuz.

Officials involved in negotiations suggest discussions may initially focus on securing limited de-escalation measures before attempting a broader political settlement.

Why It Matters

The growing involvement of Gulf powers like Qatar highlights how regional states are increasingly attempting to prevent a conflict that could destabilize both energy markets and the global financial system.

The Strait of Hormuz remains one of the world’s most strategically important chokepoints. Any disruption there directly impacts oil prices, shipping costs, inflation expectations, and monetary policy decisions across major economies.

As global debt levels remain elevated and inflation pressures continue challenging central banks, prolonged instability in Gulf energy supplies could accelerate broader economic realignment and financial stress worldwide.

Why It Matters to Foreign Currency Holders

For foreign currency holders and global reset observers, the negotiations reflect how geopolitical conflicts are increasingly intertwined with monetary stability, commodity pricing, and international trade systems.

Higher oil prices and shipping disruptions can weaken fragile economies, pressure sovereign debt markets, and contribute to currency volatility — especially in heavily energy-dependent nations.

The outcome of these talks may influence inflation trends, interest rate policy, and broader confidence in the global financial system over the coming months.

Implications for the Global Reset

• Pillar 1: Energy Security Is Becoming Financial Security

Control over energy corridors such as the Strait of Hormuz now carries direct consequences for global inflation, debt sustainability, and financial stability.

Energy chokepoints are increasingly becoming instruments of geopolitical and economic leverage.

• Pillar 2: Regional Powers Are Reshaping Global Diplomacy

Qatar and Pakistan’s expanding mediation roles demonstrate how middle powers are gaining influence within a more fragmented and multipolar world order.

Diplomatic influence is no longer concentrated solely among traditional Western powers.

Seeds of Wisdom Team View

Qatar’s direct involvement in Tehran negotiations signals growing international concern that the economic consequences of continued conflict may soon outweigh the strategic objectives of either side.

The focus now appears to be shifting toward damage control — stabilizing shipping routes, calming energy markets, and preventing further global economic fragmentation.

Even if a temporary agreement is reached, the deeper issues surrounding sanctions, energy security, military presence, and financial realignment are likely to remain unresolved for years to come.

This is no longer just a regional conflict — it is a battle over the stability of global trade, energy flows, and the future financial order.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Qatar joins diplomatic push for U.S.-Iran ceasefire talks amid Hormuz tensions"

• Modern Diplomacy — "Qatar Sends Negotiators to Tehran to Push US-Iran Deal Aimed at Ending War"

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 🌱 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™

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

The BBC wants to Make the Taliban Great Again

The BBC wants to Make the Taliban Great Again

Notes From the Field By James Hickman (Simon Black / Sovereign Man) May 22, 2026

This week the British Broadcasting Corporation flew halfway around the world to find a sad story that it could blame on (1) America and (2) climate change.  Their drama opens in Afghanistan’s Ghor province, where fathers line up before dawn at a dusty square hoping to find a day’s work. One man weeps that he is preparing to sell his seven-year-old daughter to feed the rest of his children.

The reporter then explains how nearly five million Afghans are food deprived; she goes on to describe graveyards of dead infants, and then tells the story of another man who already sold his five-year-old daughter for about $3,200.

It is all genuinely terrible. But when the BBC starts explaining WHY any of this is happening— is where the journalism ends and the propaganda begins.

Famine, in almost every modern case, is not a weather event. It is a political outcome.

Afghanistan has fertile river valleys and enough arable land to feed several times its current population. Whenever a country is starving, it is due to bad policy— not bad soil.

It was the same issue when Venezuela ran out of food a few years ago. People were starving. Supermarkets were stripped bare. Zoo animals turned up on dinner plates.

Yet Venezuela has a tropical climate, a year-round growing season, abundant water, and some of the most productive farmland on the planet.

It really takes a special kind of incompetence to starve citizens in a place like that. And the same kind of incompetence is at work in Kabul at the hands of the Taliban overlords.

The BBC mentions none of this. Instead it points the finger at the legacy media's two favorite villains: Donald Trump and climate change.

To make the case, the reporter sits down with a senior Taliban official, who insists that their regime "inherited poverty, hardship, unemployment and other problems".

These “problems” were entirely due to the US presence, he explains, which had built "an artificial economy due to the influx of US dollars."

In other words, the men who reconquered the country, kicked girls out of school, and locked half the workforce in their homes, are blaming their economic problems on the US investing too much money in Afghanistan.

Yet the BBC nods along enthusiastically.

Ironically, despite blaming America’s substantial investments in Afghanistan for the country’s problems, the Taliban’s solution is for America to give them more money.

"Humanitarian assistance should not be politicized," said the Taliban spokesman, parroting the exact talking that point Western NGOs use to demand more no-strings cash for regimes that whip women in public.

The BBC nods along enthusiastically again.

They follow this up with more emotional propaganda, telling stories of dead babies and infant graveyards, all to tug at the heartstrings of their readers.

Then comes their coup-de-grace: blasting the Trump administration for cutting nearly all US aid to Afghanistan last year. The unspoken conclusion is that America is responsible for a graveyard of dead Afghan babies.

The naïveté is breathtaking. Is anyone stupid enough to believe that a single dollar in aid to the Taliban will end up in the hands of the old man sobbing at the labor square, and not in the hands of the warlords?

We do not have to guess.

A US Inspector General report found that at least $293 million in foreign aid earmarked for Afghan NGOs had already been stolen by the Taliban after they took the country in 2021. A large part of this was through fake NGOs that the regime invented to defraud donor nations.

The only thing that "humanitarian assistance" in Afghanistan actually buys is a better-funded Taliban.

What is most extraordinary is that this came from the British Broadcasting Corporation.

They didn’t need to fly halfway across the world to find children going hungry, being abused, or being sold. Britain has each of those stories on its own soil.

For nearly two decades, organized grooming gangs of overwhelmingly Pakistani Muslim men raped thousands of underage British girls, some as young as ten.

Yet police, social workers, and hospital staffs dismissed the obvious signs. And the BBC had remarkably little to say about any of it.

This raises the BBC’s other unspoken conclusion: “we” need to help these people by bringing more of them into the West.

Think about it: if men from this culture are willing to buy and sell their own children, imagine what they’re willing to do to yours.

Yet these are the values that Western politicians want to import into Europe and North America as a glorious example of multiculturalism. And anyone who has a problem with this is a racist Islamophobe.

Inspired Idiots like the BBC are the very reason it makes sense to have a Plan B.

To your freedom,    James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/the-bbc-wants-to-make-the-taliban-great-again-155189/?inf_contact_key=e1d8bb008b58e012095e254c84672c83e0dfad19307e4ab83e7f77a572748ece

FRANK26….5-22-26….SHIFT

KTFA

Friday Night Video

FRANK26….5-22-26….SHIFT

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

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

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

https://www.youtube.com/watch?v=hlyn_bZ0h7c

Debt Bubble Endgame: Bond Markets Signal Massive Financial Shift

Debt Bubble Endgame: Bond Markets Signal Massive Financial Shift

Lynette Zang : 5-22-2026

For decades, central banks kept the global economy alive with one solution: lower interest rates, more debt, and endless money creation.

But now rising interest rates are colliding with the largest debt bubble in history — and the bond market is signaling growing stress across the entire financial system.

In this video, Lynette Zang breaks down why central banks are trapped, why exploding debt and rising yields are creating a dangerous “doom loop,” and why this may mark the end stage of the fiat debt system.

She explains how inflation destroyed purchasing power, why governments can no longer sustain the system without more borrowing, and why gold and silver are reemerging as monetary assets during this historic financial shift.

Chapters:

0:00 The Debt Bubble and “Financial Magic”

0:33 The Sorcerer’s Apprentice Analogy

1:32 Why Rising Rates Create a Mathematical Trap

2:00 Bond Market Stress Signals Bigger Problems

3:10 Why Higher Yields Threaten the System

4:00 The End of the 40-Year Low Rate

5:00 Global Debt Crisis Is Spreading Everywhere

6:15 The Debt Bubble Is Becoming Unmanageable

7:21 Governments and Consumers Addicted to Debt

10:23 Central Banks Can’t Stop Printing Money

12:14 The Dollar’s Purchasing Power Is Collapsing

15:13 The Debt Doom Loop Explained

17:05 Why Silver and Gold Matter Again

20:17 Central Banks Are Trapped

21:24 Protecting Wealth During a Monetary Reset

24:40 Gold and Silver as the Bridge to the Next System

https://www.youtube.com/watch?v=XXCd__S9pG0

Ross: The Zeros Come off When all of this Lines up

Ross: The Zeros Come off When all of this Lines up

5-22-2026

“Participation of the Central Bank in drafting the state budget is essential.”

Governor al-Alaq is publicly demanding the CBI have a real seat at the table when the government writes the numbers — because drafting a budget without the CBI’s input on reserves, money supply, and cash flow is a recipe for chaos the moment the Dinar’s exchange rate moves.

While central bankers have pushed for better fiscal-monetary coordination for years, the timing of this statement stands out — especially as the CBI is set to meet with the Fed and US Treasury to advance their banking reforms in the coming days.

We now have a new Prime Minister who immediately created a Financial Stability Council (with the CBI Governor and Finance Minister) to push “comprehensive economic and financial reform,” while the 2026 budget remains unfinalized.

“Complementarity between fiscal and monetary policies”

This is the golden phrase.

Fiscal = government spending & the budget.

Monetary = CBI controlling the dinar.

These two must work together like never before — especially when you’re preparing to:

• Remove zeros (redenomination)
• Revalue the dinar
• Or both

Without this coordination, revaluation risks sending inflation through the roof.

They’re building the guardrails right now.

This fits into a bigger picture:

We’ve seen the CBI stress that reserves are strong.

We’ve seen major banking sector reforms advancing (which the Fed/US Treasury have praised).

We’ve seen the strong push toward electronic payments and modernization before the July deadline.

Now the Governor himself is insisting the CBI must be inside the budget process.

When all of this lines up… the zeros come off and IQD finds its real value.

Channel 8 English:  CBI Governor Ali al-Alaq stressed that the participation of the Central Bank in drafting the state budget is essential to ensure complementarity between fiscal and monetary policies. Read more: https://channel8.com/english/news/58421

What is the solution?

RCT unwinds, XRP moons, 2-4X boost to effectiveness of Iraq’s foreign reserves.

Iran War ends, Strait of Hormuz reopens, oil revenues skyrocket.

New IQD exchange rate that reaches near parity with USD.

Tokenize the dinar.

Tokenize the oil.

HCL becomes law.

Finish the Development Road Project.

Make Iraq Great Again.

Tell me again how this time isn’t different?

President Trump backed Al-Zaidi for a reason.

Your bullishness on IQD appears to be in good hands.

Financial disclosures in Iraq are moving faster and with more immediate emphasis than typical under the new government.

Ask yourself why that is.

Prime Minister Ali al-Zaidi (sworn in mid-May 2026 with a partial cabinet) made this one of his very first major directives.

In the inaugural regular session of the Council of Ministers, he ordered all ministers to submit full financial/asset disclosure statements within one week (7 days) of the directive.

President Nizar Amedi is also moving promptly on his side of the process (or publicly endorsing the push), which reinforces the sense of faster momentum across institutions.

Notice how there seems to be a bit of a rush going on with Iraq’s new government….

Kinda like IQD has been coiled up for a while.

Don’t be surprised when you log in to X to see real, unstoppable, lightning-speed progress on a daily basis.

Channal 8 English:  The Iraqi Presidency said the move reflects President Nizar Amedi's commitment to “complying with legal procedures” regarding financial disclosures to promote integrity and public trust.

HCL is the “elephant in the room.”

If we are about to witness unstoppable lightning-speed progress toward the revaluation of IQD then I would expect this meeting with the KRG PM to be fruitful.

HCL requires a new rate, a new rate does not require HCL.

Keep that in mind as you watch the progress of HCL versus the progress of Iraq’s banking sector and budget.

The New Region:  Kurdistan Region PM Masrour Barzani on Thursday received Bakr al-Samarrai, special advisor for Iraqi PM Ali al-Zaidi, where the pair placed emphasis on developing coordination between their governments and resolving outstanding disputes – Statement

Source(s):
• https://x.com/Ross_ptm/status/2057488994506858516

https://dinarchronicles.com/2026/05/21/ross-the-zeros-come-off-when-all-of-this-lines-up/

Bruce’s Big Call Dinar Intel Thursday Night 5-21-26

Bruce’s Big Call Dinar Intel Thursday Night 5-21-26 

Transcribed By WiserNow Emailed To Recaps   (INTEL ONLY)

Welcome, everybody. To the Big Call tonight - it is Thursday, May 21st  and you're listening to The Big Call. Thanks for tuning in, everybody. Yet again, all over my globe, as our satellite team gets the signal out to so many countries. I said last Tuesday that we were actually played a week ago. Our call was played into Iran, which was wonderful to hear, and hopefully Tuesday night's call and tonight's call are also finding their way into the country of Iran, so we'll hope for the best that way, and we should always continue to pray for the peace  not only of Jerusalem, but for the entire Middle East, including Iran.

Alright lets get over into the intel portion of tonight’s call, so all right, here goes now. From Tuesday night we have heard two things that I brought to the call. I said that exchanges would take place Wednesday, Thursday, or Friday, but they place Thursday exchanges. They haven't started exchanging, and I don't think we're going to start tomorrow.

Now,  I always get something after the call it over. I get something else. Well, I did. I got something else Tuesday night about late, late for me, and it came in as another very good source that notifications will take place Wednesday, Thursday, or Friday

Okay, that's not exchanges, is it? That's different. Now it's important notifications  are going to come first before exchanges, before setting appointments, and exchanges start, but that the change from a different source  - it sort of negated -   So then we're going in that concept, then we get information between Tuesday and today that says that, let's see if I can put this the right way -----

Information says that we would get notifications Saturday night, late, like before midnight, or Sunday morning early, like two 3am this Sunday, all right. Then we got another piece that said Tuesday, Tuesday, Tuesday.

Now I was interpreting that to mean that we would get notified late Saturday night or early Sunday mornings – set appointments  over Monday. Start  our exchanges Tuesday.

Okay,  there’s  our three day weekend -- we could, and I don't think we.. I think we need a three day weekend. That's been something we talked about for, I don't know, 10 or 15 years at least.

But realistically, I don't know that that's a requirement, but here we are about a three day weekend, Memorial starting tomorrow, and notice how early in the month this year, if Memorial Day is the 25th and it started on may 30, 1968 – that’s a week earlier, and I'm thinking that's good, all right, so let's see this now we have the possibility of getting notified before Memorial Day and exchanging after Memorial Day,  which would be Tuesday the 26th

Then I get information tonight during the big call that says looks like we could get notified any time from Memorial Day  to the end of the month, exchange between Memorial Day and the end of the month,

I looked at that. It was a good source. It's a wide open window. I don't like it that wide. I like things more like 12 hours, 16 hours after.  Which I did get earlier I told you about  Saturday night Sunday Morning – Im going to say that is still in play

However, the  exchange itself, if Tuesday, Tuesday is real. Then that would be after Memorial Day on the 26th

Now could it go beyond that?

This last piece of information is suggesting from morning date to the end of the month, it should be another five or six days , right?

So I would say I'm going to go with information about Saturday night late or Sunday early for notifications, and say okay. I can see us setting appointments, maybe Sunday , starting  exchanges Tuesday. It could be this other information, like we've had great sources that have told us specifically of these three days or 72 hours or whatever, you know what we're striving right through it.

So I'm going to say what I had heard at least a week ago, at least a week ago was that they want this done by the end of May.  So piece of information puts that in perspective, could be any time from Memorial Day to the end of the month. Well, that could be what it is.

I'm just saying that is a possibility - we've got to look at this and say, okay, weekend maybe  we get notified Saturday night or early early Sunday morning  maybe we do that, and set appointments, and right over Monday, and start Tueaday   on the other hand – we will have to wait and see what happens this weekend .

So I had hoped, obviously, that we'd be there and be done by now, and be jumping ready to go into the med beds right away, but it looks like every time we push, we're not to the very end of the month right now

Today's the 20-first, we're 10 days away from the end month. Anytime we get squirrly toward the end of the month, things tend to get weird, and it tends to push us over to the next month, but we'll see whether or not that happens  and or we get some activity in the way of  our notifications  and 800 number notifications this weekend , so that is that is basically the long and the short of it is we've got a possibility of getting notified, this weekend

and then there's the additional information from very good sources  talking about it, could be any time from Memorial Day to the end of the month,

That is the intel that we have for tonight. So I'm going to suggest everybody enjoy the Memorial Day weekend, keep an eye on your emails, and when we get the number, we will put it on our website  and then we'll also send out an email that is registered

Okay, but you're gonna get it, I'm sure that once it comes out and we're able to verify it as the correct number you should have no  problem setting your appointment, and going in

Now I still understand that Zim holders are to be given first priority  for exchanges – if you are a zim holder – you are considered  You are sovereign, and they want us in there immediately.

So that's fine. I didn't, think that was going to be the case at all, priority to get zim  holders in first

I can tell you this. Yesterday, I was told that Wednesday, which was yesterday, that we would have rates on bank screens and redemption center screens.

We did get  confirmation that we have 18 currencies currently, no pun intended, currently on redemption center screens, and probably the same amount on bank screens

Now these are rates that are continually trading up  and my instinct  is to think that they want to continue to trade these currencies up to where when we go in for our exchanges we'll get better rates than they have right now, so we’ll see what happens with those. I'm not concerned about the rates – I know the rates at the redemption  centers  and zim holders can only go to redemption centers to redeem the zim anyway, and we know that the dinar holders have a contract rate established by President Trump at redemption centers, so we're going to be in great shape  as far as that goes  so don’t worry about it – it’s really the least of our worries.

Main thing we want to do is get the numbers  we want to do set our appointments and get in there, and let them know if you have a dire need if you are Zim holder, they will key in key strokes into their computer, and you're in there for your appointment,  to get you notified for you to set appointment for the med bed – that’s how it works - seems backwards. I wish we could go to the med beds now, but I figured out, in my opinion, why they do it this way  r

They want to get us in there. First of all, they want to see who we are  they want to see we're getting good people, or deep state - I think they don't want Deep  Staters getting access to the med beds

They want to make sure that we're on the up and up, and we're going to do the right thing for the funds. That's why we've got our projects to tell them about, and everything else over the last number of years  to be able to do that and have and have everything lined out for us so that we can go into the bed that after we exchange

Should be five or six days days for most people we're exchanging zim with dire need, maybe sooner -  could be a little longer - it's going to probably depend on the demographic where you live and all that, but the med bed centers are ready, they're ready to go, we don't have to pray for med meds – what we have to pray for is to get those exchanges to get these changes underway, and then  we go in the med beds – and then we're  a 2.0 people

okay, so that's really dealing with, with the pod people on these calls, the idea of, you know, being able to work through the dynamics, the family dynamics of everything that's coming with this.

There's a lot to it, and I appreciate the fact that she's dealing with that way that she is, because so many people, a lot of people out there have currency, and sometimes the other doesn't even know about a person didn't agree with it. In other words, they're not evenly yoked  in the currency to the concept of, and that's difficult for families, you know, that might not be of the same mind.

It's, I know that's a challenge for a lot of spouses, and I want everybody to do the best I can to let this happen.  And not take the I told you so approach .  why didn't you believe in some ways? I've lived this like this is not really right for everybody.  It's not for everybody. It hasn't been for everybody.

I just can't see it. You have to at least be able to see this to believe it. In this case, believe it for something that hasn’t occurred yet, but I do believe this is this is coming right around the corner, and yes we’ve been pushed and pushed -  the same thing with bond holders. The bond holders haven't been told when they can have access to their money yet.

They're being processed, and they probably can see their accounts ready, probably, but a lot of them can have access, and someone's, they're probably going to get access after we go into our exchanges,

so let's pray the call out. Let's  thank everybody first.  So, thanks so much for listening. I want to just wish everybody a wonderful day weekend, and let's see what happens  over here.

Otherwise, at this point, we'll look forward to talking to you on Tuesday night.   Good night everybody – God bless you and have a wonderful Memorial Day weekend 

Bruce’s Big Call Dinar Intel Thursday Night 5-21-26 REPLAY LINK      Intel Begins   1:15:30

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Bruce’s Big Call Dinar Intel Tuesday Night 5-19-26 REPLAY LINK     Intel Begins   1:05:45

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FOCxF

Bruce’s Big Call Dinar Intel Thursday Night 5-14-26 REPLAY LINK      Intel Begins   1:05:55

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 Bruce’s Big Call Dinar Intel Tuesday Night 5-12-26 REPLAY LINK     Intel Begins   1:14:00

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Bruce’s Big Call Dinar Intel Thursday Night 5-7-26 REPLAY LINK      Intel Begins  1:18:00

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Bruce’s Big Call Dinar Intel Tuesday Night 5-5-26 REPLAY LINK     Intel Begins   1:12:12

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Bruce’s Big Call Dinar Intel Thursday Night 4-30--26 REPLAY LINK      Intel Begins  1:29:50

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Bruce’s Big Call Dinar Intel Tuesday Night 4-28-26 REPLAY LINK     Intel Begins   1:14:50

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Bruce’s Big Call Dinar Intel Thursday Night 4-23-26 REPLAY LINK      Intel Begins  1:13:53

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Bruce’s Big Call Dinar Intel Tuesday Night 4-21-26 REPLAY LINK     Intel Begins   1:17:27

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Bruce’s Big Call Dinar Intel Thursday Night 4-16-26 REPLAY LINK      Intel Begins  1:20:00

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Bruce’s Big Call Dinar Intel Tuesday Night 4-14-26 REPLAY LINK     Intel Begins   1: 01:15

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Bruce’s Big Call Dinar Intel Thursday Night 4-9-26 REPLAY LINK      Intel Begins  1:19:19

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Seeds of Wisdom RV and Economics Updates Friday Afternoon 5-22-26

Good Afternoon Dinar Recaps

BRICS Accelerates De-Dollarization With New Cross-Border Payment Network Pilot

India-led payment initiative signals another major step toward a multipolar financial system as BRICS nations move to reduce reliance on the U.S. dollar in global trade.

 Overview

The BRICS alliance has announced plans to launch a cross-border payment pilot system inspired by India’s Unified Payments Interface (UPI), marking one of the clearest signs yet that the bloc is accelerating efforts to reshape the global financial order.

The proposal emerged following the BRICS Foreign Ministers’ Meeting in New Delhi under India’s 2026 chairmanship and is designed to allow businesses across BRICS countries to settle transactions directly in local currencies without routing payments through the U.S. dollar or Western banking infrastructure.

The move comes as major economies increasingly seek alternatives to traditional dollar-based settlement systems amid sanctions concerns, geopolitical fragmentation, and rising interest in digital payment infrastructure.

Key Developments

1. BRICS Plans New Cross-Border Retail Payment System

The proposed framework would connect national payment systems across BRICS nations using technology modeled after India’s highly successful UPI network and Brazil’s PIX system.

Under the concept being discussed, businesses in member countries could receive payments instantly in their own currencies. For example, an Indian company could receive rupees directly while a South African buyer pays in rand, reducing exchange conversion costs and bypassing intermediary banking systems.

Officials are also reportedly discussing interoperability between national currencies and potential integration with Central Bank Digital Currencies (CBDCs).

2. De-Dollarization Efforts Move Beyond Political Rhetoric

The initiative represents a major shift from symbolic discussions about de-dollarization toward actual financial infrastructure development.

Rather than attempting to create a single BRICS currency, which analysts consider difficult and politically complex, the bloc appears focused on building practical systems that gradually reduce dependence on the U.S. dollar in trade settlement.

This approach could significantly lower transaction costs, reduce exposure to sanctions risk, and strengthen local currency usage across emerging economies.

3. India Emerges as a Financial Technology Leader

India’s UPI system has become one of the world’s most successful digital payment models, processing billions of transactions monthly and dramatically transforming domestic commerce.

By using UPI as the foundation for a BRICS-wide framework, India is positioning itself as a key architect of next-generation financial infrastructure among developing economies.

The initiative also highlights how technological innovation is increasingly becoming part of geopolitical and monetary competition.

4. Global Financial Fragmentation Continues to Deepen

The BRICS payment initiative comes amid broader global trends toward economic fragmentation and competing financial blocs.

Countries across Asia, the Middle East, Africa, and Latin America are increasingly exploring alternative settlement systems, local currency trade agreements, and digital payment networks as geopolitical tensions reshape global commerce.

At the same time, Western sanctions policies and growing concerns over sovereign debt risks have accelerated discussions about reserve diversification among central banks worldwide.

Why It Matters

The BRICS payment pilot may appear technical on the surface, but its long-term implications could be substantial.

If successful, the framework would reduce reliance on the SWIFT system and the U.S. dollar for portions of global trade among some of the world’s largest emerging economies.

The initiative also reflects a broader transition toward a multipolar financial architecture, where regional payment systems, digital currencies, and local currency settlement mechanisms increasingly compete alongside traditional Western institutions.

While the U.S. dollar remains dominant globally, developments like this suggest the world financial system is gradually evolving toward a more decentralized structure.

Why It Matters to Foreign Currency Holders

For foreign currency holders and global reset observers, the BRICS payment initiative represents another important signal that international trade systems are slowly diversifying away from exclusive dollar dependence.

As more countries develop direct settlement mechanisms, demand for local currencies, gold reserves, and alternative financial rails could continue growing over time.

This does not mean the immediate collapse of the dollar system, but it does reinforce the broader trend toward a less centralized global monetary order where multiple financial networks coexist.

Implications for the Global Reset

• Pillar 1: Alternative Financial Infrastructure Is Expanding

The BRICS payment pilot demonstrates that nations are now building parallel systems capable of operating outside traditional Western-controlled financial channels.

This includes local currency trade, CBDC experimentation, and real-time payment infrastructure that may eventually reduce dependence on legacy banking networks.

• Pillar 2: Technology Is Becoming a Geopolitical Weapon

Financial technology is increasingly tied to global power competition.

Control over payment systems, digital currencies, AI infrastructure, and critical financial networks is becoming just as important as traditional military or energy influence in shaping the future global order.

Seeds of Wisdom Team View

The BRICS UPI-inspired payment initiative is one of the clearest examples yet of de-dollarization evolving from theory into operational infrastructure.

Rather than attempting an immediate replacement of the U.S. dollar, BRICS nations appear focused on gradually building systems that reduce friction, lower costs, and expand financial sovereignty for participating economies.

The larger shift may not happen overnight, but the direction of global finance continues moving toward diversification, regionalization, and technological realignment.

This is not just about payments — it is about who controls the financial highways of the future.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher Guru — "BRICS Announces Cross-Border Payment Pilot Inspired by India’s UPI"

• Reuters — "BRICS countries expand local currency settlement discussions amid de-dollarization push"

~~~~~~~~~~

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Thank you Dinar Recaps

Coffee with MarkZ, joined by Mr. Cottrell 05/22/2026

Note: After many years of constant daily note-taking/highlights PDK is cutting back on doing notes. When there is big RV related news they will resume. Thank you for understanding and meanwhile please continue to watch the videos.

Coffee with MarkZ, joined by Mr. Cottrell  05/22/2026

MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions

MZ:  Where the heck are we in this process!?! We ask Mr. Cottrell some tough questions today and try to piece it all together. Matt and Lucus (CBD Guru’s) close out our week with a little relaxed fun time.

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

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THANK YOU FOR JOINING.  HAVE A BLESSED DAY.  SEE YOU IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!   FOR UPDATES ON MARK’S PODCAST GO TO: https://t.me/+b3hYhYlhKM1hYzcx

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More “Iraq News” Posted by Tishwash at TNT 5-22-2026

TNT:

Tishwash:  The economic advisor to the Iraqi government: “The Ministry of Finance is moving towards a three-pronged emergency plan, and we have a financial gap of $9.5 billion per month.”

The financial advisor to the Iraqi government, Mazhar Muhammad Saleh, confirmed on Friday that Iraq is facing a financial gap estimated at about $9.5 billion per month as a result of the decline in oil exports, noting that the Ministry of Finance is moving towards preparing a three-year emergency plan to confront the current economic crisis.

Saleh said the anticipated plan includes domestic and foreign borrowing, along with maximizing tax and fee revenues, as well as proceeding with financial reforms aimed at enhancing economic stability.

He explained that domestic borrowing is a quick solution to cover salaries and operational obligations, while external borrowing provides dollar liquidity that contributes to supporting the state’s financial situation.

He pointed out that reforming the Rafidain Bank and the Rasheed Bank has become a necessity for developing development financing, digital and credit services, stressing that any emergency plan will not succeed without real financial reform that includes controlling operational spending and reducing waste.

Saleh explained that the current crisis represents a real test for the structure of the Iraqi economy, which is heavily dependent on oil, which calls for accelerating economic reform steps and diversifying revenue sources.  link

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

Tishwash:  Sovereign wealth funds... do they represent Iraq's gateway to financial stability and sustainable development?

The Baghdad Center for Legal and Economic Development held an economic workshop today, Thursday, May 21, 2026, entitled:

“Sovereign Wealth Funds and Their Impact on Establishing Cash Liquidity,” presented by Professor Dr. Jaafar Talib Al-Jundail, and attended by a select group of academics, researchers, and those interested in economic and financial affairs.

At the beginning of the session, Professor Thamer Al-Haimas, Vice President of the Center, welcomed the attendees and Professor Dr. Jaafar Al-Jundail, stressing the importance of the topic at hand, due to its direct connection to the future of rentier economies, and to the ability of countries to manage their wealth and achieve financial and monetary stability and sustainable development.

In his opening remarks, Al-Haims pointed out that sovereign wealth funds are no longer just financial savings tools, but have transformed in many international experiences into strategic institutions for protecting the national economy, regulating liquidity, absorbing the effects of economic crises, and securing the rights of future generations, especially in countries that depend mainly on oil resources.

He also reviewed a part of Dr. Jaafar Al-Jundail’s scientific and academic career, pointing to his research and scientific contributions in the fields of economic thought, natural resource economics, energy and petroleum, as well as his extensive academic experience inside and outside Iraq.

For his part, Dr. Jaafar Al-Jundail delivered his lecture, in which he addressed the concept of sovereign wealth funds and their economic and financial objectives, drawing on the experiences of a number of countries that have succeeded in managing their financial surpluses and transforming them into tools for investment, development, and long-term monetary stability.

Al-Jundail stressed that the sovereign wealth fund is not just a savings vehicle, but a strategic tool for managing financial surpluses, reducing the effects of inflation, enhancing monetary stability, and providing safe liquidity for the state during crises and emergencies. He pointed out that Iraq needs a long-term economic vision linked to sound management, governance, and transparency in order to invest national wealth in a way that serves sustainable development and the rights of future generations.

The workshop witnessed interventions and discussions by a number of attendees, who presented their observations and insights on the reality of the Iraqi economy and the possibility of establishing effective sovereign wealth funds, while the lecturer answered various questions and inquiries, which enriched the workshop and opened the door to an important economic and knowledge-based dialogue.

At the end of the session, Dr. Ali Mahdi, the head of the center, presented a plaque of appreciation to Professor Dr. Jaafar Talib Al-Jundail, in recognition of his scientific contributions, academic contributions, and accumulated research experience in the field of economics and scientific thought. link

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

Tishwash:  Among them are members of parliament: The US Treasury sanctions nine individuals for allegedly facilitating Hezbollah activities.

The US Treasury Department announced on Thursday new sanctions targeting nine individuals accused of facilitating Hezbollah's activities and undermining Lebanese sovereignty.

The sanctions package included members of the Lebanese parliament, the Iranian ambassador to Beirut, Mohammad Reza Raouf Sheibani, and Lebanese security officials, who it said "exploited their positions to support Hezbollah and obstruct efforts to disarm it."

The US Treasury, in a statement translated by Shafaq News Agency, said that the sanctioned individuals "serve Tehran's malicious agenda and impede the path to peace and recovery for the Lebanese people."

In conjunction with these measures, the US State Department’s “Rewards for Justice” program has set up a financial reward of up to $10 million for any information leading to the dismantling of Hezbollah’s financial networks and mechanisms.

Washington issued a strongly worded warning that this step is "just the beginning," vowing to hold accountable anyone who continues to provide cover for the party, cooperates with it, or undermines Lebanon's sovereignty.

A statement issued by the US State Department stressed that Lebanon’s stability, security and independence require the complete disarmament of Hezbollah and the restoration of the Lebanese government’s exclusive and absolute authority over the security file throughout the country.

The statement concluded by reaffirming the United States' commitment to supporting the Lebanese people and their legitimate institutions in building a more secure and prosperous future. link

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

Tishwash:  Transportation: Commencement of the second phase of the trade exchange area

The Ministry of Transport has begun implementing the second phase of the trade exchange yard project located in the Al-Taji area at the entrance to Baghdad-Salah Al-Din, as part of its plans to develop logistical infrastructure and enhance trade exchange between governorates and border crossings.

The Director of the General Company for Land Transport affiliated with the Ministry, Murtadha Karim Al-Shahmani, said in an interview with the official newspaper, which was followed by “Al-Eqtisad News”, that the engineering and technical staff affiliated with the Ministry have actually started the work of the second phase of the project, which extends over an area of ​​(387) dunams, indicating that the work is taking place in parallel with the completion of the contracting procedures for the commercial exchange square project at the entrance to Baghdad - Al-Kut, which has an area of ​​about (210) dunams.

He added that the trade exchange yards projects are witnessing remarkable progress in completion rates, especially the projects surrounding the city of Baghdad, which are known as “retail” projects, noting that these projects represent an important step to support the land transport sector and regulate loading and unloading operations, as well as their role in reducing congestion within the capital and enhancing the efficiency of logistical services.

Al-Shahmani explained that the ministry is preparing to begin work on the Baghdad-Kirkuk trade exchange yard project, which covers an area of ​​(350) dunams, after obtaining official approvals and no objection from the relevant government agencies to allocate the land and implement the project, noting that this project will constitute an important addition to the commercial transport network in the country.

He pointed out that the project for the trade exchange yard at the entrance to Baghdad - Anbar - Babylon has reached very advanced stages of implementation, especially after the start of work to connect the yard with the international road, which will contribute to facilitating the movement of trucks and goods, and achieving greater smoothness in transportation and trade exchange operations between the governorates.

Regarding the trade exchange yards projects at the border crossings, Al-Shahmani affirmed that the Ministry continues to follow up on the procedures related to the Shalamja, Al-Shaib, Arar and Trebil yards projects, while working to study the technical and administrative obstacles that may face the implementation phases, and finding appropriate solutions to ensure the completion of these projects according to the specified time plans, in order to enhance the role of the border crossings in supporting the national economy and stimulating regional trade   link