Washington is Officially Insolvent as the World Pivots Away from the US

Washington is Officially Insolvent as the World Pivots Away from the US

Lena Petrova:  4-10-2026

In the halls of Washington, the narrative often centers on record-breaking growth and a thriving American economy. But if you step away the political talking points, what does the data actually reveal?

In a recent, sobering analysis, renowned economist Dr. Steve Hanke cuts through the noise, offering a critical look at the U.S. economic and geopolitical landscape.

From the reality of the “Trump economy” to the looming threat of national insolvency, Dr. Hanke presents a compelling—and concerning—case that the United States is standing on much shakier ground than the headlines suggest.

President Trump has frequently touted a “golden age” for the American economy, but Dr. Hanke disputes this optimistic frame. According to his analysis, the metrics tell a different story: stagnating GDP growth, tangible job losses, and a concerning decline in productivity.

Dr. Hanke points to interventionism, protectionism, and militarism as the pillars defining our current environment. The widespread use of tariffs, while marketed as a way to “protect” American interests, has instead acted as a drag on economic efficiency. Meanwhile, defense spending has soared to unprecedented levels, diverting massive amounts of capital that could otherwise be utilized for productive domestic investment.

Dr. Hanke shifts his focus to the ongoing conflict in Iran, describing it as a “structural shock” with ripple effects that the West has severely underestimated. Far from being a localized skirmish, the war in Iran is exacerbating global energy shortages, tightening the grip on essential raw materials like sulfur and aluminum.

Perhaps most surprising is the resilience of Iran’s economy. Despite Western portrayals of a nation on the brink, Iran has managed to increase its oil exports and maintain a stable currency. The geopolitical consequences are even more stark: the conflict has served to strengthen the hands of Russia and China, while simultaneously eroding the reputation and global influence of the United States.

Furthermore, Dr. Hanke argues that the influence of the Israeli lobby on U.S. foreign policy has backfired, creating a unified resistance within Iran that has only solidified anti-Western sentiment.

Perhaps the most alarming portion of Dr. Hanke’s analysis—conducted alongside colleague Dave Walker—is the blunt assessment of America’s balance sheet: The U.S. government is effectively insolvent.

The numbers are staggering, with liabilities dwarfing assets by a massive margin. To combat this, Hanke and Walker are championing legislative efforts, including the formation of a fiscal commission and a constitutional amendment aimed at forcing budgetary discipline upon a political system addicted to overspending.

Adding fuel to this fire is the Federal Reserve’s monetary policy. Dr. Hanke warns that recent bouts of quantitative easing are directly contributing to inflation. As the money supply accelerates, the Fed finds itself in an impossible balancing act: attempting to curb inflation without triggering a systemic economic collapse, all while navigating a volatile geopolitical minefield.

Dr. Hanke’s analysis serves as a wake-up call. The disparity between political rhetoric and the underlying economic reality is growing wider by the day. Whether it is the unchecked growth of defense spending, the mismanagement of monetary policy, or the long-term damage to our international standing, the path current policy takes is unsustainable.

As Dr. Hanke warns, without a serious commitment to fiscal reform and a shift toward sober, reality-based policymaking, the U.S. risks a deeper crisis that could reshape its economic and political future for generations.

https://www.youtube.com/watch?v=kSEei-KhEO8

IMF Announces Real-World Fiat Reset (What Happens Now?)

IMF Announces Real-World Fiat Reset (What Happens Now?)

Coin Bureau:  4-10-2026

The global financial landscape is shifting beneath our feet, and if you haven’t been paying attention, the ground may soon be moving faster than you expect.

For decades, the post-World War II economic order—anchored by the U.S. dollar and the established Western-led financial system—has been the bedrock of global trade. But today, the International Monetary Fund (IMF) and other global power brokers are signaling a “fundamental reset.” We aren’t just looking at a minor market adjustment; we are witnessing the potential decline of an era.

The dominance of the U.S. dollar has long been sustained by the “petro-dollar” system, where oil and other global commodities are traded almost exclusively in dollars. However, that foundation is cracking.

As geopolitical tensions rise, nations are seeking autonomy. We’ve seen India bypassing U.S. sanctions to purchase Russian oil outside the dollar, and nations like Iran demanding transit fees in Chinese yuan.

These are not isolated incidents; they are symptomatic of a coordinated effort by the BRICS nations to move away from Western financial infrastructure.

In its place, a new, multipolar currency system is emerging, built on the back of Central Bank Digital Currencies (CBDCs).

While CBDCs are sold under the guise of efficiency and modernization, they carry significant implications for personal freedom. Unlike traditional cash or even standard digital banking, these currencies are programmable.

 Governments could theoretically dictate how you spend your money, restrict where it can be used geographically, or even set expiration dates on your savings. This level of state surveillance and control represents a seismic shift in the relationship between the individual and the state.

As the global elite push for centralized, programmable digital systems, a massive ideological battle is brewing.

On one side, we have state-backed CBDCs designed for total oversight. On the other, we have decentralized digital assets like Bitcoin.

 The U.S. is positioning itself as an interesting outlier in this scenario, showing resistance toward a retail CBDC while simultaneously exploring the potential of a strategic Bitcoin reserve.

Even with market volatility and institutional hurdles, the long-term structural argument for decentralized assets has never been more relevant. As governments consolidate control over digital payments, the importance of a neutral, censorship-resistant store of value becomes not just a financial choice, but a defensive necessity.

The “reset” is underway. Are we moving toward a future of government-mandated spending limits, or will decentralized technology provide a path to financial freedom?

For a deeper dive into the mechanics of this shift and the geopolitical moves shaping our future, check out the full analysis from Coin Bureau. The landscape is changing—make sure you understand the stakes.

https://www.youtube.com/watch?v=ExRJ9oAoKSM

Seeds of Wisdom RV and Economics Updates Friday Afternoon 4-10-26

Good Afternoon Dinar Recaps

Energy Shock Reversal: Falling Rate Expectations Signal Policy Shift

Cooling oil prices and shifting market expectations are forcing central banks to rethink tightening strategies amid global instability 

 OVERVIEW (KEY POINTS)

The recent energy shock tied to geopolitical conflict briefly pushed oil prices above $100 per barrel, triggering renewed inflation fears across global markets. However, a rapid cooling in prices following ceasefire developments has abruptly shifted market expectations, particularly around interest rates.

This sudden reversal is happening now because markets are recalibrating in real time to unstable energy flows, fragile supply chains, and policy uncertainty. Investors are no longer confident that central banks can maintain a steady tightening path without triggering broader economic stress.

Key players include major central banks such as the Federal Reserve, global energy producers, and financial markets reacting to bond yields and inflation signals. Their collective response is revealing cracks in the current monetary framework.

The bigger implication is clear: monetary policy is becoming reactive rather than proactive, increasing the likelihood of systemic instability and accelerating conditions often associated with a global financial reset.

KEY DEVELOPMENTS

1. Oil Price Spike Followed by Rapid Cooling

A sharp rise in oil prices above $100 was quickly reversed after geopolitical tensions eased.

• The volatility highlights how sensitive inflation is to energy disruptions

• Markets are reacting more to geopolitical headlines than fundamentals

2. Rate Hike Expectations Collapse

Markets dramatically reduced expectations for further interest rate hikes.

• Probability of additional hikes dropped to near zero (~0.8%)

• Signals a major shift from tightening to potential easing bias

3. Global Bond Yields Begin to Fall

Government bond yields are declining across major economies.

• Indicates rising demand for safe-haven assets

• Reflects expectations of slower growth and policy reversal

4. Central Banks Enter Policy Constraint Zone

Policymakers are increasingly limited in their options.

• Fighting inflation risks economic contraction

• Supporting growth risks reigniting inflation pressures

WHY IT MATTERS

This shift signals a critical turning point in monetary policy. Central banks are no longer driving market direction—markets are forcing central banks to adapt.

For the economy, this raises the risk of slower growth combined with lingering inflation volatility. For markets, it creates uncertainty around asset pricing, bond stability, and liquidity conditions.

From a policy standpoint, the loss of forward guidance credibility could lead to more reactive and less predictable interventions, increasing systemic risk.

At the global level, this dynamic contributes to a gradual erosion of confidence in traditional monetary tools, a key ingredient in broader financial restructuring.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Currency volatility is likely to increase as rate expectations shift rapidly

• Purchasing power may fluctuate due to unstable inflation trends

• Capital flows could become more unpredictable, favoring safer currencies

• Exchange rates may decouple from traditional rate differentials, reducing predictability

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Monetary Policy Credibility Erosion

As central banks shift from tightening to hesitation, confidence in their ability to control inflation weakens. This undermines the foundation of fiat systems that rely on policy consistency and forward guidance, increasing the risk of structural change.

• Pillar 2: Market-Driven Financial System Transition

Markets are increasingly dictating outcomes through bond yields, rate expectations, and capital flows. This represents a shift toward a more decentralized financial influence structure, where traditional policy tools carry less authority.

CONCLUSION

The rapid reversal in energy prices and interest rate expectations is more than a short-term market adjustment—it is a signal of deeper systemic strain. Central banks are being pushed into a position where every decision carries heightened risk, with fewer effective tools available.

This environment increases the likelihood of policy missteps and reactive interventions, both of which historically precede major financial shifts. The growing disconnect between market behavior and policy intent is particularly significant.

What is unfolding is not simply volatility—it is a transition phase. The global financial system is showing signs of moving away from centralized control toward a more fragmented and reactive structure.

This is not just a policy shift—it is a structural signal that the foundations of the current financial system are being tested in real time.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

• Reuters — "IMF's Georgieva expects war to trigger demand for up to $50 bln in Fund support"

• MarketWatch — "What the market is now pricing for Fed and global central-bank interest rates after the cease-fire"

~~~~~~~~~~

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Ariel: Iraqi Dinar and Other News, How it all Connects

Ariel:  Iraqi Dinar and Other News, How it all Connects

4-10-2026

Iraqi Dinar & Other News: Inch By Inch Thread Of Events

The Ongoing Negotiations To Liberation & Freedom

How It All Connects:

Hormuz reopening removes an energy weapon that propped up adversarial funding networks. Clarity Act and stablecoin compliance create the domestic rails for crypto to handle large conversions cleanly under U.S. rules.

Cybersecurity integration brings the new asset class inside the national security perimeter. Powell transition and new Treasury notes mark the visible shift in the financial architecture.

The result is a system where flows become faster and more transparent, but with government backdoors for enforcement. Old extraction models whether through banking families, intelligence cutouts, or chokepoint control face structural squeeze.

Suppressed currencies gain pathways once the bottlenecks clear, but only under the new compliance framework. No more easy freezing for politics or siphoning into shadows.

This is the mechanical transition. Energy stabilization meets financial rail overhaul meets institutional integration. The old guard’s leverage erodes because the pipes they used to control are being rewired with visible valves.

IQD and similar holders see the window because the same sequencing that unlocks Hormuz trade also builds the bridges for currency normalization. It is not instant freedom from all control it is control shifting to the current U.S. framework while starving the prior networks.

The pieces line up because the reset requires both the physical corridors and the digital settlement layers to activate together.

We are in the compression phase where old resistance meets new infrastructure.

Read Full Article:   https://www.patreon.com/posts/iraqi-dinar-news-155211956

https://dinarchronicles.com/2026/04/10/prolotario-iraqi-dinar-and-other-news-how-it-all-connects/

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Ariel:  IQD Update, Another Channel you all Should Follow

4-10-2026

What You Need To Know

To expound upon one comment made regarding the banks. Because the banks definitely not expanding existing customers. To echoe one comment under the original post.

They are hardening capacity for the incoming cohort of previously invisible high-net-worth holders whose suppressed foreign currency positions become tradable the moment forex windows c---k open on long-frozen or program-rated assets. Which ofcourse would be the Iraqi Dinar and other currency.

What Have We Been Discussing?

Basel 3 revised capital rules demand higher-quality, risk-sensitive reserves. Banks cannot wait for the influx; they are tripling dedicated wealth desks, accelerating hiring in private banking and compliance, and opening new branches at pace precisely because compliant, auditable settlement of large-scale conversions must be seamless from day one. This is not speculation it is capital allocation in direct response to the transparency rails now activating.

Ripple-Enabled Rails and RLUSD Integration

Blockchain settlement layers (via licensed institutions and stablecoin compliance) are standing up in advance. These systems allow deterministic, on-chain movement that bypasses legacy correspondent bottlenecks. So when Iraq’s parallel-market gap narrows and rate reactivation occurs, dinar balances held outside official channels can convert without the old skims or delays.

As I reported yesterday on my Patreon. The April 11 parliamentary session to elect a president serves as the constitutional starter pistol. Once resolved, it unlocks stalled government formation, budget e-------n, and hydrocarbon law progress. This directly feeds the July 2026 cashless mandate full elimination of cash in state institutions which forces traceable electronic rails. IQD holders positioned with authenticated physical or custodial holdings gain the cleanest path to liquidity once those rails go live.

People you all need to understand. Nothing is static in the banking system. What I mean is that institutions are pre-loading desks, advisors, KYC/AML teams, and custody solutions specifically for this wave. When the event hits, walk-in or custodial exchanges will favor those already verified and documented. Delaying means competing in the crush. This is why I keep telling you all to do the leg work and meet up with banking management. Not tellers! Get your foot in the door as soon as you can. Watch how fast time passes.

New high-net-worth clients from suppressed currencies require enhanced due diligence under tightened rules. Banks are building the infrastructure so conversions clear without freezing accounts or triggering flags. Holders who authenticate notes, maintain clean provenance, and understand tiered reporting thresholds will clear fastest. The mistake people are making is assuming banks are not prioritizing their books for those who hold Iraqi Dinar. This is a big mistake. Stop thinking this way. They know you are out there.

One More Thing To Note

The old extraction model relied on suppressed rates and opaque flows to feed black channels. Banks’ current expansion is the visible scar tissue of that model breaking. IQD holders are not betting on a miracle flip they are sitting at the edge of a mechanical unlock where traceable dinar becomes convertible under the new auditable architecture. Prepare documentation, verify holdings, and align with institutions already hardening for the volume. The wave favors the ready, not the hopeful.

Reset Intelligence:  In the past 48hrs, every rail moved at once. Blockchain, Gold & Oil. And not one news desk connected them together. Iraq transferred 43 billion dinars to Baghdad yesterday. The parallel rate tightened from 1,555 to 1,530. The Kurdistan ASYCUDA customs team was officially formed. 250,000 barrels a day flowed north through Ceyhan. All of it in the same 48 hours that 254 people were killed in Lebanon and Iran shut the Strait of Hormuz again. And, the most anticipated moment we are watching.. Iraq Parliament votes on a president Saturday That starts the constitutional clock on the budget, the HCL, and the rate.. If you're tracking this like I am, what is the #1 RV go signal you're watching closest this week?

Pic

Source(s):   • https://x.com/Prolotario1/status/2042230968463876237

https://dinarchronicles.com/2026/04/10/prolotario-iqd-update-another-channel-you-all-should-follow/

News, Rumors and Opinions Friday 4-10-2026

Reset Intelligence: What is the Number One RV Go Signal?

4-10-2026

In the past 48hrs, every rail moved at once.
Blockchain, Gold & Oil.
And not one news desk connected them together.

Iraq transferred 43 billion dinars to Baghdad yesterday.

The parallel rate tightened from 1,555 to 1,530.

The Kurdistan ASYCUDA customs team was officially formed.

250,000 barrels a day flowed north through Ceyhan.

All of it in the same 48 hours that 254 people were [unalived] in Lebanon and Iran shut the Strait of Hormuz again.

And, the most anticipated moment we are watching..
Iraq Parliament votes on a president Saturday.

That starts the constitutional clock on the budget, the HCL, and the rate..

If you’re tracking this like I am, what is the #1 RV go signal you’re watching closest this week?

Venezuela’s central bank sanctions hit the table yesterday. Vietnam posted 7.83% GDP in Q1. Iraq goes fully cashless in July.

Three currencies. Three continents. Same direction.

Tell me.. Which one are you watching?

Iraq transferred revenue to Baghdad. The dinar tightened. Customs unified. Oil flowed north past Hormuz.

Gold overtook US Treasuries in central bank reserves for the first time since 1996.

Venezuela’s central bank sanctions hit the negotiating table. Vietnam posted 7.83% GDP growth.

The GENIUS Act dropped its first enforcement rules. The OCC licensed its first crypto bank.

Five domains. One window. Not one headline connected them.

Today’s briefing does.

Source(s):
• https://x.com/EXIT_FIAT/status/2042197130844996080
• https://x.com/EXIT_FIAT/status/2042346816147243288

https://dinarchronicles.com/2026/04/10/reset-intelligence-what-is-the-number-one-rv-go-signal/

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

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

JeffThey have adjourned their current session of parliament until Saturday which is the point now where they're claiming they're going to vote on the president of the republic...We've got to see what happens.  At least things are moving forward in the right direction and getting done.  That's very important for us to see...We have to see, do they finish the president?  What do they do with the prime minister?  Do they announce who the new nominated prime minister is?  Do they vote to extend Sudani's term...?  If they finish the government it makes them eligible to revalue...We're in the critical step in this...

Reset IntelligenceThe ceasefire didn't just stop bombs. It opened the Strait of Hormuz. Iraq's oil chief said they can restore full exports within a week. Not months. A week. March revenue was $1.9 billion. February was $6.8 billion. That math is about to flip back. And the presidential vote is Saturday. You feel it too, right?

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  They're saying the vote for the president will go on. They're looking like that once the president is named then right away they'll start working on the prime minister. FRANK:  If that government is set, then the next step is the new exchange rate to open the budget, fund the budget and calculate the HCL percentage to the Iraqis...

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

BONDS AND STOCKS TO ZERO - GOLD AND COWS TO $38,000

Gold Switzerland by Von Greyerz:  4-10-2026

What comes next for markets, currencies, and gold?

Egon von Greyerz talks about why the current war is not the root problem, but a trigger for deeper financial and economic stress.

 He also discusses what rising inflation and interest rates could look like from here and why traditional assets (like stocks and bonds) may not offer the protection many expect.

Watch till the end to understand how a number like $38,000 for gold could be reached.

https://www.youtube.com/watch?v=rh3wXItLY9g

Seeds of Wisdom RV and Economics Updates Friday Morning 4-10-26

Good Morning Dinar Recaps,

Macron Courts Trump with Versailles Invite as G7 Unity Faces Strain

France deploys symbolic diplomacy to secure U.S. engagement amid rising fractures within Western alliances

Overview (Key Points)

• France is actively working to secure U.S. participation in the upcoming G7 Summit

• President Emmanuel Macron has extended a high-profile, exclusive invitation to Donald Trump

• The proposed Versailles dinner highlights a shift toward personalized diplomacy

• Underlying tensions within the G7 threaten cohesion and global coordination

Key Developments

1. Macron Extends Exclusive Versailles Invitation

• A private dinner at Palace of Versailles is being used as a targeted diplomatic gesture

• No other G7 leaders were invited, emphasizing a one-on-one strategic approach

• The move leverages historical symbolism and prestige to encourage attendance

2. Uncertainty Surrounds Trump’s Attendance

• Trump has not confirmed participation in the G7 summit or the Versailles event

• U.S. officials describe the situation as undecided

• A potential absence would:

  • Undermine summit visibility

  • Signal weakening Western coordination

3. G7 Relations Show Signs of Strain

• The U.S. has taken a more confrontational stance toward multilateral institutions

• Ongoing tensions include:

  • Criticism of NATO alliances

  • Disagreements over Middle East conflicts involving Iran

  • Public friction with leaders such as Keir Starmer

These dynamics are testing the unity of traditional Western blocs

4. France Pursues Dual-Layer Diplomacy

• Macron is combining:

  • Formal multilateral engagement (G7 Summit)

  • Personalized bilateral diplomacy (Versailles meeting)

• This reflects a strategy to:

  • Maintain U.S. involvement in global forums

  • Reinforce transatlantic ties despite political friction

5. Political Risks and Optics Intensify

• If Trump attends:

  • Summit visibility increases

  • But internal divisions may deepen

• If Trump declines:

  • It exposes fractures within the G7

• Exclusive treatment at Versailles could raise concerns about:

  • Unequal diplomatic signaling among allies

Why It Matters

The G7 has historically functioned as a pillar of Western economic coordination

• Its effectiveness depends heavily on full participation from major powers

• Increasing reliance on leader-level relationships suggests:

  • Institutions are becoming less stable on their own

  • Diplomacy is shifting toward personal influence over formal structure

This signals a transition from institutional strength to personality-driven geopolitics

Why It Matters to Foreign Currency Holders

• G7 unity plays a key role in:

  • Global financial stability

  • Currency coordination and policy alignment

• Weakening cohesion may lead to:

  • Diverging economic strategies

  • Increased currency volatility across major economies

Currency holders should monitor:

• U.S.–Europe alignment

• Policy fragmentation within G7 economies

• Shifts in global leadership coordination

Implications for the Global Reset

• Pillar 1: Institutional Weakening

Traditional alliances like the G7 are showing signs of fragmentation

Global governance is becoming less centralized and more fluid

• Pillar 2: Rise of Personalized Diplomacy

Leader relationships are increasingly driving global outcomes

Symbolic gestures and soft power tools are filling gaps left by weakening consensus

This reflects a broader shift toward a multi-polar, less coordinated global system

Closing Insight

The summit itself is no longer the main story

Who shows up—and why—now matters more than what is formally agreed

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Modern Diplomacy — “Macron Courts Trump with Versailles Invite Amid Strained G7 Dynamics”

• Reuters (Referenced Reporting on G7 and U.S.–Europe Relations)

~~~~~~~~~~ 

🌱 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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RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Friday Morning 4-10-26

The Dollar Is Heading For Weekly Losses Ahead Of US-Iranian Talks

Money and Business    Economy News — Follow-up   The dollar was on track for its biggest weekly loss since January on Friday, while other currencies rose, buoyed by optimism that the Gulf ceasefire would hold and oil shipments would resume.  The direction of the markets is likely to depend on the outcome of the upcoming talks between the United States and Iran in Islamabad.

The dollar made gains in March as one of the few safe-haven assets, as the US-Israeli war with Iran caused oil prices to rise sharply and negatively affected stocks and gold, while inflation fears also caused bonds to fall.

But since a fragile ceasefire was agreed upon on Tuesday, the situation has changed and the dollar index has lost 1.3% since the start of the week.

The euro advanced this week to $1.1690.

The Australian and New Zealand dollars appear poised for weekly gains of nearly 3% against the US dollar. The Australian dollar was trading at just over 70 cents, while the New Zealand dollar reached $0.5847.

The British pound rose 1.8% this week to $1.3424.

Even the yen, which is under severe pressure due to low interest rates in Japan, government spending plans, and the country's reliance on imported oil, reached 159.2 against the dollar. https://www.economy-news.net/content.php?id=67703

Oil Rises As Hormuz Traffic Stays Below 10%, Saudi Supply Hit

2026-04-10   Shafaq News   Oil prices climbed on Friday, driven by fresh anxiety over supplies from Saudi Arabia and as ‌tanker traffic through the critical Strait of Hormuz remained largely frozen.

Prices were still headed for a loss as nerves eased over a fragile two-week ceasefire between the U.S. and Iran, while Israel signalled a potential diplomatic opening, saying it was ready to begin direct talks with Lebanon as soon as possible.

Brent crude futures added 58 cents, or 0.60%, to $96.50 a barrel as of 0338 GMT. West Texas Intermediate futures were up 49 cents, 0.50%, at $98.36 a barrel.

For this week, both contracts have so far ⁠lost 11%, the biggest weekly decline since June 2025.

Attacks on Saudi energy facilities have cut the kingdom's oil production capacity by around 600,000 barrels per day and throughput on its East-West Pipeline by about 700,000 bpd, Saudi state news agency SPA reported on Thursday, citing an official source at the Ministry of Energy.

Concerns of further oil supply disruptions were heightened after the report, ANZ analysts said in a Friday note.

"The initial wave of relief following President Trump's two-week ceasefire announcement has quickly given way to underlying doubts," IG market analyst Tony Sycamore said in a note.

"All eyes remain firmly on tanker tracker flows through the Strait of Hormuz for any signs of increased activity ahead of peace talks scheduled in Pakistan on Friday," Sycamore said.

Ship traffic through the strait stood at well below 10% of ‌normal volumes ⁠on Thursday despite the ceasefire as Tehran asserted its control by warning ships to keep to its territorial waters while doing so.

Iran and the U.S. agreed on Tuesday to a two-week ceasefire brokered by Pakistan, but fighting was still taking place following the announcement.

Analysts say Pakistan will try to push for a more durable peace agreement but may lack the leverage needed to compel the reopening of the strategic waterway

Iran wants to charge fees for ships passing through ⁠the strait under a peace deal, a Tehran official told Reuters on April 7. Western leaders and the U.N.'s shipping agency have pushed back on the idea.

The crucial artery for oil and gas flows has been effectively shut down by the conflict, which began on February 28 when the U.S. and ⁠Israel launched air strikes on Iran.

Brent prices could reach $190 a barrel if flows through the Strait of Hormuz remain at the current level, said John Paisie, president of energy consultants Stratas Advisors.

"If Iran allows increasing flows the price of oil will be more moderated, ⁠but still well above pre-war levels."

Some 50 infrastructure assets in the Gulf have been damaged by drone and missile strikes over the nearly six weeks since the conflict started, and around 2.4 million bpd of oil refining capacity have been taken offline, according to JPMorgan.   (Reuters)

https://www.shafaq.com/en/Economy/Oil-rises-as-Hormuz-traffic-stays-below-10-Saudi-supply-hit

Gold down 0.1% as US-Iran ceasefire strains

2026-04-10 Shafaq News   Gold dipped on Friday as a firmer dollar and U.S.-Iran ceasefire uncertainty weighed, but the metal stayed on course for a ‌third consecutive weekly climb as investors priced in earlier and deeper U.S. rate cuts, supporting non-yielding bullion.

Spot gold was down 0.1% at $4,759.54 per ounce by 0316 GMT. The metal, however, has gained 1.8% so far this week.

U.S. gold futures for June delivery fell 0.7% to $4,782.70.

The dollar index (.DXY) strengthened, making greenback-priced bullion more expensive for holders of other currencies.

"There's a lack of clarity about the way ⁠that the ceasefire is evolving in the Middle East and what that means to energy markets... so we're in sort of a little bit of a holding pattern (with gold) going into the final session of the week," said Kyle Rodda, senior financial market analyst at Capital.com.

Spot gold has fallen about 10% since the U.S.-Israel conflict with Iran erupted on February 28, with elevated energy prices fuelling inflation concerns and the prospect of higher interest rates.

The fragile two-week ceasefire between the U.S. and Iran showed further strain on Friday, as Washington accused Tehran of breaching promises on the Strait of Hormuz.

Brent crude, however, has slid more ‌than 11% ⁠this week on optimism that the ceasefire could reopen the Strait of Hormuz, through which about 20% of the world's oil and liquefied natural gas passes.

"If things break down, (gold) could end up back in mid-$4,000's pretty quickly. But if the ceasefire holds and the peace deal starts to look more likely, then we could push through $5,000," Rodda ⁠added.

On the data front, the U.S. Personal Consumption Expenditures index, the Federal Reserve's preferred inflation gauge, advanced 2.8% in the 12 months through February, in line with estimates, and likely rose further in March.

Investors are now looking out for ⁠March's U.S. Consumer Price Index data, due later in the day, for further clues on Fed's monetary policy direction.

Markets are pricing in a 31% chance for a U.S. rate cut of at least 25 ⁠basis points at the Fed's December meeting, according to CME's FedWatch Tool, up from 20% in the prior session. FEDWATCH

Among other metals, spot silver rose 0.9% to $75.74 per ounce, platinum lost 2% to $2,061.06, and palladium fell 1.2% to $1,539.43.  (Reuters)   https://www.shafaq.com/en/Economy/Gold-down-0-1-as-US-Iran-ceasefire-strains

Dollar Slides 1.3% In Worst Week Since January

2026-04-   Shafaq News   The dollar headed on Friday for its largest weekly drop since January, as investors sold safe assets on optimism that oil shipping will resume if a ceasefire holds in the Gulf.

The dollar had towered in March as one of the few bastions of ‌safety as the U.S. and Israeli war on Iran sent oil prices rocketing and hit stocks and gold, while inflation worries sank bonds.

But since a shaky ceasefire was agreed on Tuesday those positions are being unwound.

The euro has rallied through its 200-day moving average this week to trade at $1.1694, a break of chart resistance that opens the way to further gains.

The risk-sensitive Australian and New Zealand dollars are looking at weekly rises of nearly 3% on the dollar, with the Aussie trading just above 70 cents and the kiwi at $0.5847. Sterling has shot up 1.8% this week and above its 200-day moving average ⁠to $1.3424.

Moves in the Asia session were small on Friday. U.S. inflation data is due later in the day, though markets' direction is more is likely to hang on the outcome of weekend talks between the U.S. and Iran in Islamabad.

"People were buying the U.S. dollar when the war was at its most intense moment and now they're selling as the tail risk of a really bad outcome has faded quite a bit," said Jason Wong, senior strategist at BNZ in Wellington.

"Even though it still looks a bit shaky, the ceasefire removing that tail risk is important from a sentiment point of view," he said, though noting that could turn around very quickly if anticipated weekend peace talks don't yield progress.

The yen , under pressure for years from Japan's low rates and more recently from its vulnerability to high oil prices, lifted off lows against the dollar - but not far and was sold against other currencies, suggesting it remains unloved.

The yen eased very ‌slightly to ⁠159.2 per dollar on Friday. The U.S. dollar index was steady and 1.3% lower so far this week.

YUAN RALLIES

In the Strait of Hormuz there was little sign of progress. In the first 24 hours of the ceasefire, just a single oil products tanker and five dry bulk carriers sailed through a passage which before the war accommodated about 140 ships a day.

Iranian officials arrived in Islamabad on Thursday and a U.S. delegation, led by Vice President JD Vance, arrives on Friday to discuss what investors hope can be a lasting peace.

"If ⁠there's positive talks, that would be dollar negative. And if we get to Monday and talks went badly and there's still a lack of ships ... things could turn around quickly," said Wong.

South Korea's central bank kept its policy interest rate steady on Friday, as expected, leaving the won at 1,480 to the dollar, having recovered from beyond 1,500.

China's yuan - which ⁠has never really fallen since the war began at the end of February - was set for its biggest weekly rise in 15 months and is trading at its strongest levels since 2023.

Data on Friday showed factory gate prices rising for the first time in three years, a sign that genuine inflation may be beginning to take ⁠hold after a long battle with deflation.

"The CNY has been a surprising winner of the Iran war, despite China's role as the largest oil importer in the world," said ING economist Lynn Song.

"At least a few market participants have mentioned re-evaluating the 'China risk premium' amid rising global uncertainty elsewhere, which has led to China looking more and more like the adult in the room."

(Reuters)   https://www.shafaq.com/en/Economy/US-Dollar-slides-1-3-in-worst-week-since-January

“Iraq News” Posted by Tishwash at TNT 4-10-2026

TNT:

Tishwash:  4 reasons behind the stability of exchange rates in Iraq

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Thursday that the stability of exchange rates and the decline in inflationary pressures in Iraq are due to four interconnected factors that supported the local market despite the disruption of global supply chains, particularly through the Gulf and the Strait of Hormuz .

Saleh said, in a statement followed by Al-Sa’a Network, that “the first factor is the availability of high stocks of durable goods, while the second is related to the state’s ability to secure a strategic reserve of food basket items and enhance food security.”

He added that "the third factor is the high level of government support, which includes fuel, food baskets and public services, in addition to the role of cooperative stores in absorbing price pressures."

He pointed out that "the fourth factor lies in the efficiency of foreign reserves in financing private sector trade, with the exchange rate stabilizing at around 1,320 dinars to the dollar, and the high level of banking and commercial compliance, which helped to accelerate foreign transfers and ensure the smooth flow of imports."

He explained that "the combination of these factors contributed to consolidating economic stability and reducing fluctuations in prices and the exchange market, within integrated financial, monetary and trade policies led by the government."  link

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

Tishwash:  Financial advisor warns: Lack of budget hinders economic reforms

 The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, announced on Thursday that a proposal had been submitted to avoid delaying the approval of the budget, noting that delaying the approval of the budget would lead to a number of negative effects.

Saleh said in a statement to the official agency, which was followed by "Video News Agency" that "the failure to approve the general budget, whether it is related to the financial schedules for 2025 within the three-year budget law, or the budget for 2026, leaves a number of negative effects."

He explained that "among the most prominent of these effects is the disruption of new investment projects and the slowdown in the implementation of existing projects, as a result of the lack of necessary financial allocations, in addition to the government resorting to the temporary spending rule (1/12 of a previous budget) based on the amended Financial Management Law No. (6) of 2019, which restricts the ability to expand spending or launch new programs."

He added that “this negatively impacts economic growth rates and raises unemployment rates, in addition to weakening investor confidence due to the lack of clarity in financial policies, as well as the delay in implementing economic and administrative reforms,” noting that “to avoid a recurrence of this situation in the future, there is a proposal to adopt multi-year budgets with greater legislative flexibility, which reduces reliance on annual approval, with the need to strengthen the legal framework for financial management to ensure adherence to budget approval timelines, as well as to neutralize political disputes from the budget approval process.”

He explained that "diversifying revenue sources and strengthening the role of regulatory institutions contribute to supporting financial stability and accelerating the process of approving the general budget."

Regarding how to absorb the burdens of the past two years, Saleh stated that "this requires preparing a flexible budget based on rearranging priorities, including previous commitments within the new allocations, improving spending efficiency, as well as the possibility of resorting to well-considered borrowing and strengthening the partnership with the private sector."  link

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

Tishwash:  Iraq needs deeper economic reforms; unemployment is expected to rise to over 15% by 2025.

Statistics compiled by Statista, a German company specializing in global market and consumer data, showed that the unemployment rate in Iraq recorded a slight increase during the year 2025.

The company stated in its report that the unemployment rate in Iraq rose in 2025 to 15.49%, compared to 15.28% in 2024, reflecting continued pressures in the labor market despite limited improvement.

According to the data, the country's unemployment rate rose by 6.85 percentage points during the period from 1991 to 2025, but this rise was not constant, but rather characterized by clear fluctuations up and down over the years.

She noted that 2016 saw the highest levels of unemployment, with the rate reaching 16.17%, amid economic and security challenges that directly affected job opportunities and economic activity.

She added that these figures show that the labor market in Iraq still faces structural challenges, requiring deeper economic reforms to boost employment and create sustainable job opportunities. link

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

Tishwash:  Kurdistan Finance Ministry transfers more than 43 billion dinars of non-oil revenues to the federal treasury

The Ministry of Finance and Economy of the Kurdistan Regional Government announced on Wednesday, April 8, 2026, that it had transferred the non-oil revenue amounts for the month of March to the federal government in Baghdad.

The ministry stated in an official statement that it had deposited an amount of (43,094,141,000) forty-three billion, ninety-four million, one hundred and forty-one thousand Iraqi dinars into the bank account of the Federal Ministry of Finance.

 The statement explained that these sums, which represent the region’s share of non-oil revenues, were delivered “in cash” through the Central Bank of Iraq branch in Erbil.

This step comes as a continuation of the implementation of the provisions of the joint agreements and legal obligations between Erbil and Baghdad, related to the mechanism for delivering local revenues and financial entitlements to strengthen the state’s general treasury. link

Seeds of Wisdom RV and Economics Updates Thursday Evening 4-9-26

Good Evening Dinar Recaps,

IMF Shock Warning | “No Easy Exit” as Energy Crisis Reshapes Global Economy

Supply shock, rising debt, and slowing growth signal deeper systemic strain

 Overview

In the last 24 hours, the International Monetary Fund (IMF) delivered one of its strongest warnings yet: the global economy faces “no painless exit” from the current energy shock triggered by the Iran conflict.

Despite a temporary ceasefire, the IMF emphasizes that supply disruptions, inflation, and economic damage are already embedded, with long-term consequences likely to reshape global financial dynamics.

Key Developments

1. IMF Warns of Prolonged Global Supply Shock

The IMF confirmed the crisis has caused a 13% drop in global oil flows and a 20% decline in LNG supply, creating a major energy shock across markets.

This type of disruption is classified as a “negative supply shock”, meaning it cannot be easily fixed through traditional economic stimulus.

2. “No Painless Exit” from the Crisis

IMF leadership warned there is no easy policy solution, as efforts to stimulate growth could worsen inflation, while tightening policy could slow economies further.

This creates a policy trap for central banks worldwide.

3. Global Growth Downgrades Accelerate

The IMF is now preparing to downgrade global growth forecasts, citing lasting damage to infrastructure, supply chains, and investor confidence.

Even in a best-case scenario, officials say there will be no return to pre-crisis conditions.

4. $20–$50 Billion in Crisis Support Expected

Demand for IMF assistance is projected to surge, with up to $50 billion needed for vulnerable economies, highlighting growing systemic stress across nations.

Why It Matters

This is a clear signal that the global economy is not just facing volatility—it is entering a structural stress phase.

When supply shocks, inflation, and debt converge, the result is often long-term transformation in how financial systems operate.

Why It Matters to Foreign Currency Holders

• Persistent energy shocks increase inflation across all currencies

• Slowing growth raises risk of currency devaluation and instability

• IMF intervention signals rising sovereign financial stress

• Hard assets and commodities gain renewed strategic importance

Implications for the Global Reset

• Pillar 1: Breakdown of Traditional Policy Tools

The inability to balance inflation and growth highlights limits of current monetary systems, increasing the likelihood of policy innovation or restructuring.

• Pillar 2: Global Financial Dependence Expands

Rising reliance on IMF support signals a shift toward centralized financial backstops, reducing national economic independence.

Analysis

The IMF’s message is clear: this is not a temporary disruption—it is a systemic turning point.

The combination of energy shortages, inflation pressure, and weakening growth creates conditions where traditional economic models begin to lose effectiveness.

Even if geopolitical tensions ease, the economic aftershocks will persist, potentially accelerating trends such as de-dollarization, commodity-backed strategies, and global financial realignment.

This is not just an energy crisis — it’s a structural shift in the global financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• “IMF Expects Up to $50 Billion in Support Demand from War Fallout” — Reuters

• “IMF Warns No Painless Exit from Energy Shock” — Axios

~~~~~~~~~~

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RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

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Thank you Dinar Recaps

This is the Rally. You Do Not Sell – Bill Holter

This is the Rally You Do Not Sell – Bill Holter

By Greg Hunter’s USAWatchdog.com 

Financial writer and precious metals expert Bill Holter (aka Mr. Gold) says even though silver did not have a physical delivery failure (yet), nothing has changed for the better. 

Derivatives are still counted in the quadrillions, and debt is still enormous and unpayable for just about every country on Earth.

Mr. Gold says, “I can’t tell you from day to day what is going to come.  All I can do is tell you what the end game is going to be. 

The endgame is gold and silver can’t bankrupt in a world that is in the process of bankrupting. 

Gold and silver are God’s money.  They are physical assets.  Fiat currencies are debt outstanding, and those are manmade and they will collapse under their own weight.”

Gold and silver had a rough couple of months.  Silver was about cut in half, down from about $120 per ounce, and gold touched the 200-day moving average to about $4,000 an ounce, down from more than $5,500 an ounce. 

Mr. Gold called the bottom in both metals about 10 days ago.  Now, both are rising again in price.  Should people be afraid about buying gold and silver?  Holter says, “No, I don’t think you should be afraid of gold and silver at all.  They are your only exit out of the system.  It’s your way to get your capital out of the system. 

 As I said, the bottoms are in and, on this move, I can see gold running back to the old highs and silver going back to the old highs.  Michael Oliver was Jim Sinclair’s go-to guy for technical analysis of gold and silver. 

Michael Oliver came out a week ago and said silver could be $300 per ounce to $500 per ounce by the end of the year.  That is one hell of a call, but I could certainly see it happening.”

So, what happens if we have peace with Iran or it goes totally off the rails?  Mr. Gold says, “I am going to give you an answer that is going to be a surprise to you.  It does not matter.  You have to look at the endgame. . ..   This is the rally you do not sell, and the reason you do not sell is you might not be able to get back in. 

You have to look at the ultimate end of this game, and the ultimate end of this game is a complete and total collapse. 

What you want in a collapse of fiat currency is money that cannot bankrupt.  By definition, that’s gold and silver. 

When you are in a situation where debt is imploding and defaulting, you want to own what cannot default.  In the end, it will be a game of global default.  Call it a game of musical chairs.  You want to sitting in your chair holding your gold and holding your silver when everything else falls around you.” 

There is much more in the 35-minute interview.

Join Greg Hunter of USAWatchdog as he goes one-on-one with financial writer and precious metals expert Bill Holter/Mr. Gold as the endgame is locked in when the financial system begins a massive global default for 4.8.26.

https://usawatchdog.com/this-is-the-rally-you-do-not-sell-bill-holter/

Ariel: Currency Reset Update, Tides Turn Bridges Burn

Ariel: Currency Reset Update, Tides Turn Bridges Burn

4-8-2026

Currency Reset Update: Tides Turn Bridges Burn (You Live & Learn)

We Are Going To Dive Right Into This Report

Good evening to you all. Hope you are holding up well. So much has been occurring. I seen a couple of folks announce they are taking a break. Understandable but you can not allow your energy to be consumed by the daily briefings of when you think something is supposed to happen as opposed to allowing it the time it deserves for it to occur.

We are now inside a transition period and the new system being rolled out will secure not only our personal financial future but the Security & Stability of the nation from which we live. Where we do not have to concern ourselves too much with what the so called elite are doing. And we are the seeds to this new system.

The surface burns with headlines about Trump’s Iran deadline and ballistic exchanges, yet underneath, precise gears turn in Baghdad and Erbil.

On April 6, Deputy Prime Minister and Foreign Minister Fouad Hussein chaired the 13th session of Iraq’s Ministerial Council for the Economy. There, federal authorities and the Kurdistan Regional Government signed an agreement to unify customs policy across all border crossings. They are implementing the ASYCUDA electronic customs system in Kurdistan, standardizing tariffs, joint border management, and transparency measures to protect national products while boosting revenue collection.

This move stitches north and south tighter than in years. It reduces leakage points that once fed parallel economies and smuggling networks. Fouad Hussein the same figure on the shortlist for Iraq’s presidential vote scheduled for April 11 sits at the center. That vote unlocks the presidency, which in turn clears the path for prime minister selection, borrowing authority, budget passage, and the long-stalled Hydrocarbon Law (HCL).

Four days from now, one thread pulls the next. All of these are just formalities that make things look good on a geopolitical stage to other countries and financial institutions. And the timing couldn’t be better in my opinion.

Based on current operations and what has already transpired I have discussed with others when they expect the Iraqi Dinar to be publicly traded on the Forex. And to my surprise one of them who usually pushes things out much further than anyone would like switched their stance recently after I presented them info they didn’t consider previously.

And it basically allowed a consensus that would have been much harder to come to if it were not for what happened over these past two weeks. Especially regarding the crypto structure bill. Which is a done deal.

So here is a chart based on everything that occurred and why this particular window has been favored. Because none of us should be surprised simply because we already know the US Treasury note will be announced around July 4th. Which is when everything including Cuba should be done.

Public trading of the Iraqi Dinar on major Forex platforms meaning direct, liquid, internationally accessible pairs without heavy CBI auction controls or correspondent banking drag lands in the Q3 2026 window, most likely July/August 2026. So I want you all to watch these things for Research & Study. Not necessarily for a lottery date. Because this is what we need to move forward.

Read Full Article:
https://www.patreon.com/posts/currency-reset-155120147

https://dinarchronicles.com/2026/04/08/prolotario-currency-reset-update-tides-turn-bridges-burn/

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 4-9-26

Good Afternoon Dinar Recaps,

IMF Alarm | War-Driven Inflation Threatens Global Financial Stability

Rising energy shocks and debt strain push the system toward breaking points

Overview

The International Monetary Fund has issued a fresh warning within the last 24 hours that the ongoing Middle East conflict is triggering a global inflation surge and economic slowdown, with long-term consequences even if peace is achieved.

Officials warn the world is facing a major supply shock, driven by disrupted energy flows, rising costs, and weakening growth—conditions that historically precede major monetary system shifts.

Key Developments

1. IMF Warns of Persistent Global Inflation Surge

The IMF cautioned that the war is driving up oil, gas, and commodity prices, creating broad inflationary pressure across global markets.

2. Global Growth Forecasts Being Downgraded

Economic projections are being revised lower, with the IMF warning that growth will slow even if peace holds, due to lasting damage to infrastructure and supply chains.

3. $20–$50 Billion in Emergency Support Expected

The IMF anticipates surging demand for financial assistance, estimating up to $50 billion in support for vulnerable economies impacted by energy shocks and food insecurity.

4. Central Banks Face Policy Dilemma

Officials warn central banks must balance rising inflation with weakening demand, creating a difficult environment where tightening too much could stall growth, while easing could fuel inflation further.

Why It Matters

This is a clear signal that the global economy is entering a high-risk phase, where inflation, debt, and slowing growth converge.

Such conditions historically force structural changes in monetary policy and financial systems, especially when traditional tools become less effective.

Why It Matters to Foreign Currency Holders

• Persistent inflation reduces global purchasing power

• Weak growth increases risk of currency instability

• Rising debt burdens may trigger devaluation pressures

• Hard assets like commodities gain renewed monetary relevance

Implications for the Global Reset

• Pillar 1: Inflation & Debt Convergence

The combination of high inflation and rising sovereign debt places unprecedented stress on the fiat-based system, increasing the likelihood of restructuring.

• Pillar 2: Multilateral Financial Dependence

Rising demand for IMF support highlights growing reliance on global financial backstops, signaling strain in national economic resilience.

Analysis

The IMF’s warnings point to a system under pressure from multiple directions—energy shocks, supply disruptions, and fiscal strain.

Even if conflict subsides, the economic aftershocks will persist, suggesting that the current system may struggle to return to pre-crisis stability.

This environment increases the probability of policy shifts, currency realignments, and structural reforms in the global financial architecture.

This is not just inflation — it’s systemic stress building beneath the surface.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• “IMF Warns of Looming Inflation Crisis” — Al Jazeera

• “IMF Sees Up to $50 Billion Aid Demand from War Impact” — Reuters

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Iraq Economic News And Points To Ponder Thursday Afternoon 4-9-26

ISX trades $17M+ in monthly activity

2026-04-09 Shafaq News- Baghdad   The Iraq Stock Exchange (ISX) recorded more than 26.9 billion Iraqi dinars in trading value over March —roughly $17.6 million.  According to market data, more than 12.8 billion shares were traded during the month across 17 regular trading sessions.

The ISX60 index closed the month at 964.57 points, marking a 0.12% increase compared with the previous session.

Throughout the month, the exchange executed around 16,775 sale and purchase contracts across listed companies. During the period, 81 companies out of 118 listed firms recorded actual trading activity.

https://www.shafaq.com/en/Economy/ISX-trades-17M-in-monthly-activity

IMF Flags Global Growth Downgrade As War Hits Energy Supply

2026-04-09 Shafaq News- Washington  War-linked supply shock has cut global oil flows by about 13% and LNG by 20%, pushing energy prices higher and forcing a downgrade in global growth forecasts, the International Monetary Fund (IMF) warned on Thursday.

In a speech during the 2026 IMF Spring Meetings, IMF Managing Director Kristalina Georgieva said oil prices rose from $72 per barrel before the conflict to a peak of $120, before easing slightly. She pointed to multiple ripple effects, including shortages of refined fuels such as diesel and jet fuel, disruptions to transport and trade, and worsening food insecurity, with an additional 45 million people at risk of hunger due to higher transport and fertilizer costs.

Kristalina Georgieva @KGeorgieva      As in past shocks, alertness and agility are key. Central banks should stress commitment to price stability. Fiscal support should be targeted and temporary. And all countries must reject go-it-alone actions that can further upset global conditions. https://imf.org/en/news/articles/2026/04/09/sp040926-spring-meetings-2026-curtain-raiser…

She outlined three main transmission channels for the shock: higher prices and shortages driving inflation, rising inflation expectations that could destabilize markets, and tightening financial conditions marked by widening bond spreads and a stronger US dollar.

Georgieva also warned that global public debt remains elevated, limiting fiscal space, and stressed the need for responsible policy management as borrowing costs rise.

She estimated that demand for IMF financial support could increase by $20 billion to $50 billion in the near term, depending on how the conflict evolves, adding that it stands ready to assist its 191 member countries.

https://www.shafaq.com/en/Economy/IMF-flags-global-growth-downgrade-as-war-hits-energy-supply

Read more: Opinion: US moves to control oil and collapse Iran

Oil Prices Climb As Strait Of Hormuz Traffic Remains Disrupted

2026-04-09 Shafaq News   Oil prices pared gains to rise about ​1% on Thursday after Israel said it would start direct negotiations with Lebanon as soon as possible.

Doubts over the durability of ‌a two-week Middle East ceasefire raised concerns about continued restrictions on energy flows through the Strait of Hormuz, sending prices up more than 5% earlier in the session. Those gains were later erased after Israeli Prime Minister Benjamin Netanyahu said he had given instructions for Israel to begin peace talks with Lebanon that would also include the disarming of Hezbollah.

Brent crude ​futures were up 90 cents, or 1% at $95.65 a barrel at 12:58 p.m. ET (1658 GMT), easing from a high of $99.50 earlier in the​session. U.S. West Texas Intermediate (WTI) crude also pared gains, rising $3 or 3.2% at $97.39, after hitting a session high of $102.70.

Both ⁠benchmarks fell below $100 per barrel in the previous trading session, with WTI recording its biggest decline since April 2020, on optimism that the ceasefire would ​result in a reopening of the strait.

Israel, however, bombed more targets in Lebanon on Thursday, putting the ceasefire in jeopardy after its biggest attacks of the war ​on its neighbor killed more than 250 people and threatened to torpedo Donald Trump's truce from the outset.

Questions also lingered over the effectiveness of the ceasefire as ship traffic through the Strait of Hormuz fell to well below 10% of normal volumes on Thursday after Iran asserted control by warning vessels to remain within its territorial waters and prices for ​some physical oil grades hit fresh.

The Hormuz waterway connects supply from Gulf producers such as Iraq, Saudi Arabia, Kuwait and Qatar to global markets, ​and typically carries about 20% of global oil and gas supply.

"Crude futures are taking back some of (Wednesday's) losses as the Strait of Hormuz remains with just a small ‌fraction of ⁠traffic, much less than the market anticipated (Wednesday)," said Dennis Kissler, senior vice president of trading at BOK Financial.

"The ceasefire agreements are in question as Israel had continued to strike Lebanon and Vice President Vance is en route to the Middle East to continue the talks," Kissler added.

RISKS WON'T DISAPPEAR OVERNIGHT

"Even if shipments resume, the risks won't disappear overnight," said Susannah Streeter, chief investment strategist at Wealth Club. "Tankers may be forced to navigate mined waters and a heightened military ​presence, all of which will keep insurance ​premiums high and freight costs ⁠elevated."

Shippers on Wednesday said they needed clarity on terms of the ceasefire before resuming transit through the Strait of Hormuz. Iran has issued maps to guide ships around mines and showing safe paths for passage, Iranian media reported.

Regional oil facilities ​remain under threat, with Iran striking sites in nearby countries after the ceasefire, including a pipeline in Saudi ​Arabia that has been ⁠used to bypass the blockaded waterway, according to an oil industry source.

Crude loadings at Saudi Arabia's Red Sea port of Yanbu have continued despite an Iranian on Wednesday on the country's East-West Pipeline, sources at two buyers from the port and a third trading source told Reuters on Thursday.

Kuwait, Bahrain and the UAE also ⁠reported missile ​and drone attacks by Iran.

The ceasefire led Goldman Sachs to trim its second‑quarter 2026 forecasts for ​Brent and U.S. crude to $90 and $87 a barrel, respectively, from previous forecasts that Brent and West Texas Intermediate (WTI) oil prices would average $99 and $91 a barrel, respectively.  (Reuters)https://www.shafaq.com/en/Economy/Russia-expects-9-billion-oil-tax-surge

Iraq Cracks Baath Cell Hid Behind Civilian Cover In Baghdad

2026-04-09 Shafaq News- Baghdad   Iraq's National Security Service (INSS) announced Thursday it had dismantled an organized cell linked to the banned Baath Party operating in western Baghdad, following a months-long intelligence operation.

The agency's spokesman said in a statement that the operation exposed the cell's organizational structure, which began its activity under civilian cover before shifting to a military character. Security forces seized photographs of security personnel and sensitive locations from the cell's members, and detected attempts to recruit new members. Eight people have been arrested so far.

The agency also sent warning text messages to individuals who had been lured into the so-called "Iraqi National Assembly for Change and Liberation" -a front linked to Saddam Hussein’s Baath Party- urging them to withdraw. Many of those contacted responded by shutting down platforms that had been used for recruitment and promotion.

https://www.shafaq.com/en/Security/Iraq-cracks-Baath-cell-hid-behind-civilian-cover-in-Baghdad

US Embassy Seeks Public Help To Identify Attackers In Iraq

2026-04-09 Shafaq News- Baghdad   On Thursday, the US Embassy in Iraq called for information about people targeting its facilities in Iraq.

The embassy urged for information on Iran-aligned armed factions or individuals responsible for the attacks.

Since the outbreak of hostilities between Iran, the United States, and Israel on February 28, the US Embassy in Baghdad, the US Consulate in the Kurdistan Region, and other American interests in Iraq have faced dozens of drone and rocket attacks.   https://www.shafaq.com/en/society/US-Embassy-seeks-public-help-to-identify-attackers-in-Iraq

Read more: Multiple actors, one battlefield: Iraq since the US-Israel-Iran war began

Italian Journalists Face Harassment In Baghdad

2026-04-09   Shafaq News- Baghdad   Members of the Popular Mobilization Forces (PMF) harassed two Italian journalists following a dispute over filming in Firdos Square in Baghdad, a police source told Shafaq News on Thursday.

The source said a PMF unit ordered them to stop, leading to a verbal altercation. The confrontation escalated as members of the force grabbed the journalists’ clothing and used abusive language before the situation was brought under control.    Italian journalists face harassment in Baghdad - Shafaq News