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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Sunday Afternoon 5-10-26

Usd/Iqd Exchange Rates Rise In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   The US dollar opened Sunday’s trading higher in Iraq, hovering around 154,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,500 dinars per 100 dollars, down from the previous session’s 153,150 dinars.

Usd/Iqd Exchange Rates Rise In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   The US dollar opened Sunday’s trading higher in Iraq, hovering around 154,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,500 dinars per 100 dollars, down from the previous session’s 153,150 dinars.

In the Iraqi capital, exchange shops sold the dollar at 154,000 dinars and bought it at 153,000 dinars, while in Erbil, selling prices stood at 153,100 dinars and buying prices at 153,100 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-rise-in-Baghdad-and-Erbil-6

Gold Prices Tick Up In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   On Sunday, gold prices hovered around 1.02 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.017 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.013 million IQD. The same gold had sold for 1.014 million IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 987,000 IQD, while the buying price reached 983,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.020 million and 1.030 million IQD, while Iraqi gold sold for between 990,000 and one million IQD.

In Erbil, 22-carat gold was sold at 1.056 million IQD per mithqal, 21-carat gold at 1.008 million IQD, and 18-carat gold at 864,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-tick-up-in-Baghdad-and-Erbil-6

Dollar Closes Higher In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   The US dollar closed higher against the Iraqi dinar in Baghdad and Erbil on Sunday, rising by 450 dinars in Baghdad’s main exchanges during the day’s trading.

According to Shafaq News market survey, exchange rates at Baghdad’s Al-Kifah and Al-Harithiya central stock exchanges settled at 153,950 dinars per $100, compared with 153,500 dinars earlier in the day. Selling prices at local exchange shops in Baghdad reached 154,500 dinars per $100, while buying prices stood at 153,500 dinars.

In Erbil, the dollar also posted gains, with selling prices reaching 153,600 dinars per $100 and buying prices at 153,500 dinars.

https://www.shafaq.com/en/Economy/Dollar-closes-higher-in-Baghdad-and-Erbil-1

ISX Trades $17M+ In April Activity

2026-05-10 Shafaq News- Baghdad   The Iraq Stock Exchange (ISX) recorded more than 27.4 billion Iraqi dinars in trading value over April —roughly $17.8 million.

According to market data, more than 48.6 billion shares were traded during the month across 20 regular trading sessions.

The ISX60 index closed the month at 983.02 points, marking a 1.9% increase compared with the previous session.

Throughout the month, the exchange executed around 23,490 sale and purchase contracts across listed companies. During the period, 82 companies out of 118 listed firms recorded actual trading activity.

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

EIA: Iraq’s Oil Exports To US Fall Over The Week

2026-05-10 Shafaq News- Baghdad/ Washington   Iraq’s crude oil exports to the United States dropped 119,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed on Sunday.

Iraqi shipments averaged 76,000 bpd last week, 61% less than the previous week’s average of 195,000 bpd.

Total US crude imports from nine major suppliers fell 170,000 bpd from 5.066 million bpd the previous week.

Canada remained the top supplier at 3.268 million bpd, followed by Venezuela with 400,000 bpd, Colombia with 348,000 bpd, Saudi Arabia with 332,000 bpd, and Mexico with 327,000 bpd.

Imports also included Ecuador at 165,000 bpd, Nigeria at 93,000 bpd, and Brazil at 27,000 bpd. No oil was imported from Libya this week. https://www.shafaq.com/en/Economy/EIA-Iraq-s-oil-exports-to-US-fall-over-the-week-9

Opinion: Nechirvan Barzani Walks Through Baghdad’s Political Minefield

2026-05-10   Shafaq News   By Ali Hussein Feyli   Crises in politics are not always resolved through force or shifting balances of power, but often begin when rivals cease viewing one another as enemies to be excluded and instead recognize the possibility of understanding, opening a path that the language of conflict itself could never reach.

In this context, the recent meetings held on May 4 and 5 by Kurdistan Region President Nechirvan Barzani can be seen as an effort to reshape relations between Baghdad and Erbil, reflecting not merely diplomatic engagement but a broader attempt to move from zero-sum confrontation toward practical consensus at a time of mounting financial pressures, rising populism, and shrinking public space in both the Region and the Iraqi capital, with the initiative signaling a search for realistic solutions to long-standing disputes away from the easy rhetoric of escalation.

For years, a conviction prevailed among some political actors that Baghdad responds only to the pressure of power balances. Such a reading is rooted in historical experiences where the logic of force often prevailed over the rule of law, yet major transformations, particularly during critical periods, are frequently shaped in the space between public emotion and political rationality. While the former mobilizes the street, the latter remains more capable of protecting the state and ensuring its continuity.

From this perspective, the Kurdistan Region Presidency’s adoption of a calm institutional discourse appears to represent an attempt to shift from emotional demands toward a realistic management of constitutional rights.

 This transformation is not without challenges, particularly in a political environment accustomed to sharp rhetoric, where de-escalation may be perceived as retreat or weakness, even though it may in fact reflect a more pragmatic reading of the balance of power. Such pragmatism is especially urgent for a people like the Kurds, who have spent more than a century caught in cycles of war, identity struggles, and the search for guarantees.

Historical experiences offer important examples in this regard. The path of Nelson Mandela in South Africa demonstrated that preserving stability may require moving beyond the language of revenge in favor of coexistence. In modern Kurdish history, the general amnesty declared after the 1991 uprising against Saddam Hussein’s Baath regime stands out as one of the clearest examples of overcoming political hatred.

The decision taken by the leadership of the Kurdistan Front –a coalition of Kurdish parties established in 1987-1988 in Iraq– led by the late Jalal Talabani and Masoud Barzani, was not merely an administrative measure, but a historic turning point that helped prevent a wide cycle of retaliation and made tolerance the foundation for building a new political entity rather than turning memory into fuel for endless conflict.

Today, Nechirvan Barzani represents, within this equation, a model of measured diplomacy. Rather than appearing through the language of threats and elevated nationalist slogans, he opts for the language of shared interests, constitutional frameworks, and gradual understandings.

Although this model faces considerable obstacles within Kurdistan due to the weight of a bloody history and the growing influence of populism, it is natural that part of Kurdish society may view such diplomatic language as a form of retreat or inadequacy.

Read more: Beyond the Chaos: Nechirvan Barzani is redefining Kurdish diplomacy

Yet amid the rubble of missed opportunities, Nechirvan Barzani remains, in his characteristic manner, focused on conveying an important message to the younger generation: the most difficult test is not always fighting wars, but building peace and preventing collapse.

History rarely lingers on those who hurled the greatest number of insults at their opponents, but rather on those who succeeded in extracting peace from the heart of hostility. What Nechirvan Barzani is doing in Baghdad and regional capitals resembles the work of an architect building in a minefield, preoccupied with preserving a political entity called the Kurdistan Region. Such an undertaking requires a kind of courage unafraid of being accused of weakness.

Despite the rise of extremism and emotional politics, the course of history appears to be moving toward the model championed by Nechirvan Barzani and those who share this approach: a transition from the equation of imposing one’s will toward strategic integration, in a way that could make the Kurdistan Region a more stable entity within Iraq amid an ongoing struggle shaped by questions of existence and identity. Read more: Nechirvan Barzani: A quiet architect of Kurdish statecraft

This article was originally written in Arabic.

https://www.shafaq.com/en/Report/Opinion-Nechirvan-Barzani-walks-through-Baghdad-s-political-minefield  

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Economics, News, Gold and Silver DINARRECAPS8 Economics, News, Gold and Silver DINARRECAPS8

Is Gold Becoming System Collateral?

Is Gold Becoming System Collateral?

Swiss America's  Gold News Weekly  5-6-26

Gold last traded at $4,688 an ounce. Silver at $77.45 an ounce.

EDITOR'S NOTE: As we have mentioned often lately in this space, there is a deep structural shift occurring in the global financial system. Confidence in fiat currencies - especially the U.S. dollar - is waning, central banks are rapidly accumulating gold as a neutral reserve asset, and de-dollarization is further accelerating.

Is Gold Becoming System Collateral?

Swiss America's  Gold News Weekly  5-6-26

Gold last traded at $4,688 an ounce. Silver at $77.45 an ounce.

EDITOR'S NOTE: As we have mentioned often lately in this space, there is a deep structural shift occurring in the global financial system. Confidence in fiat currencies - especially the U.S. dollar - is waning, central banks are rapidly accumulating gold as a neutral reserve asset, and de-dollarization is further accelerating.

At the same time, silver appears to be following gold into a powerful bull cycle, with technical setups indicating a breakout to new all-time highs beyond $121 as part of a longer-term uptrend fueled by tight supply and strong demand.

With gold evolving into "system collateral", the message is clear: the global economy is transitioning toward a more fragmented, less dollar-centric system, where precious metals play a foundational role. https://www.swissamerica.com/

Gold To Hit $8,000 on the Back of De-Dollarization, Says Deutsche Bank

Vinod Dsouza    May 2, 2026

Gold prices are hovering around the $4,500 level, and Deutsche Bank predicts the XAU/USD index could breach $8,000 over de-dollarization. The bank wrote in a note to clients that emerging economies are increasingly diversifying their central bank reserves by sidelining the US dollar by procuring gold. This is a cause of concern as the trend is growing and could change the global financial landscape.

Deutsche Bank added that developing countries added over 225 million troy ounces of gold since 2008, highlighting that de-dollarization will push the XAU/USD prices up in the charts. Countries such as China, Russia, India, Poland, and Turkey remain the biggest buyers of gold. This adds a layer of financial safety net to protect their economies from being vulnerable to sanctions.

In addition, Saudi Arabia, Qatar, the United Arab Emirates, Egypt, and Kazakhstan are not too far behind in accumulation. Countries in Eastern Europe and the Middle East are significantly increasing their gold reserves as de-dollarization expands, Deutsche Bank emphasized. The accumulation rose dramatically after the US imposed sanctions on Russia in February 2022 for invading Ukraine. Also Read: UAE Leaving OPEC Hits Oil Prices as Global Supply Strains Grow

Deutsche Bank Predicts Gold Price Above $8,000 Over De-Dollarization

Developing countries are now buying more gold than the Western bloc combined. The rising allocation of the precious metal is making de-dollarization advance at a rapid pace. In the next five years, the allocation would increase further, leading to a strain on the US dollar’s prospects. Even the US economy could be affected if the dollar’s role in the central bank is reduced.

The future of de-dollarization will depend on how high the gold spending would reach, wrote Deutsche Bank. If central banks begin to target 40% of their reserves in gold, then the US dollar would fall on the path of decline. There is growing mistrust of the US dollar lately due to Trump’s previous trade wars and tariffs. Add to that the imposing of sanctions was already a concern for developing nations.  https://watcher.guru/news/gold-to-hit-8000-on-the-back-of-de-dollarization

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

More Iraq News Posted by Tishwash at TNT 5-10-2026

TNT:

Tishwash:  The Secretary-General of Parliament: The date for the vote on the cabinet will be set for next Monday or Tuesday.

The Secretary-General of the House of Representatives, Safwan Al-Jarjari, announced that the date for the vote on the cabinet has not yet been decided, indicating that the final decision is pending the presidency of the council, with the likelihood of it being held on Monday or Tuesday of next week.

TNT:

Tishwash:  The Secretary-General of Parliament: The date for the vote on the cabinet will be set for next Monday or Tuesday.

The Secretary-General of the House of Representatives, Safwan Al-Jarjari, announced that the date for the vote on the cabinet has not yet been decided, indicating that the final decision is pending the presidency of the council, with the likelihood of it being held on Monday or Tuesday of next week.

Al-Jarjari said in a press statement that: “The House of Representatives has completed all preparations for holding the session to vote on the cabinet,” indicating that “it has been customary in previous government voting sessions to send invitations to political and diplomatic leaders, and things will become clearer tomorrow.”

He added that "tomorrow will see the start of sending invitations to the political leaders, the coordinating framework and the political council," stressing that "we are waiting for the Speaker of Parliament to set a date for the session, whether it will be on Monday or Tuesday."  link

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

Tishwash:  The cabinet is nearing completion, and parliament is preparing for a vote this week.

 Members of the House of Representatives confirmed on Sunday that the new cabinet is almost complete, while they indicated that discussions are continuing regarding some sovereign ministries in preparation for holding a voting session during this week.

Members of the House of Representatives said in a press statement followed by Al-Furat News that approximately 80 percent of the government formation has been completed, with a trend towards passing 50 percent plus one of the ministries, with the remaining ministerial portfolios to be completed at a later time.

They added that discussions are still ongoing regarding a number of sovereign ministries, most notably the Interior, Oil and Foreign Affairs ministries, in addition to dialogues related to restructuring some portfolios and creating a state ministry.

They indicated that the vote on the new government is expected to take place this week, without specifying an official date yet.

They indicated that there are parliamentary observations that will be raised during the discussion of the government program before proceeding with the voting process.  link

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

Tishwash:  Bin Salman congratulates Al-Zaidi: We look forward to working with you to strengthen relations.

Saudi Crown Prince Mohammed bin Salman sent a congratulatory telegram on Saturday (May 9, 2026) to Ali al-Zaidi on the occasion of his appointment as head of the Iraqi government. In his telegram, bin Salman expressed his wishes for al-Zaidi to succeed in serving Iraq and its people, stressing his aspiration to work together to strengthen bilateral relations between Riyadh and Baghdad and enhance cooperation at various levels.

The Saudi Press Agency reported in a statement followed by Network 964 that “His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a congratulatory telegram to His Excellency Mr. Ali Faleh Kazem Al-Zaidi on the occasion of his appointment as Prime Minister of the Republic of Iraq.”

She continued, “His Highness the Crown Prince said, ‘On the occasion of your appointment as Prime Minister of the Republic of Iraq, we are pleased to express to Your Excellency our sincere congratulations and best wishes for success and prosperity. We ask God Almighty to grant you success in serving Iraq and its brotherly people. We look forward to working with Your Excellency to strengthen the bonds of brotherly relations between our two countries and peoples, and to enhance them in all fields. We wish Your Excellency continued health and happiness, and the brotherly people of the Republic of Iraq further progress and prosperity.’”

On Saturday (May 2, 2029), Prime Minister-designate Ali al-Zidi received a phone call from Turkish President Recep Tayyip Erdogan, congratulating him on his official appointment to form the new government.

He also received a call from US President Donald Trump on Thursday (April 30, 2026), during which he congratulated him on being officially tasked with forming the new government, and extended an official invitation for him to visit Washington after the government is formed.

On Saturday (May 2, 2026), Al-Zidi received another call from the Emir of Qatar, Tamim bin Hamad Al Thani, congratulating him on his official appointment to form the new government. Al-Zidi also received an invitation from Al Thani to visit Qatar after the formation of the new government. link

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

Tishwash:  Bloomberg: Aramco and ADNOC successfully transported oil shipments through the Strait of Hormuz

Bloomberg reported that Saudi Aramco and the UAE's ADNOC were able to smuggle oil shipments through the Strait of Hormuz using methods of concealment .

This comes amid increasing turmoil in the strait since tensions between the United States and Iran erupted in late February, raising risks to maritime traffic  link

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

Tishwash:  Al-Zidi and Al-Kadhimi discuss the political situation and the formation of the next government.

The Iraqi Prime Minister-designate, Ali Faleh al-Zaidi, met today, Saturday, with former Prime Minister Mustafa al-Kadhimi.

During the meeting, the overall situation in the country was discussed, and a number of issues related to Iraq’s interests were discussed, in addition to emphasizing the importance of coordination and cooperation between political forces in order to form a comprehensive national government capable of facing various challenges, meeting the requirements of the current stage, and enhancing stability and serving the aspirations of citizens throughout the country.

Both sides stressed the need to unify efforts and support the path of national solutions in order to ensure the stability of the political and economic situation in Iraq  link

***********

Tishwash:  Eco Iraq Observatory: 70% of the government curriculum is copied from the “White Paper”

The Eco Iraq Observatory announced on Friday that more than 70% of the axes of the government’s economic program for the prime minister-designate are based on ideas and contents contained in the “White Paper” for economic reform presented by the previous government in 2020.

The observatory stated in a statement received by “Roj News” that “many paragraphs of the government’s economic program are directly inspired by the contents of the White Paper that was presented during the time of former Prime Minister Mustafa Al-Kadhimi.”

He added that “the similarity is not limited to general titles, but includes similar terms and themes such as (digital transformation, electronic signature, support for the private sector, reform of the banking sector, and smart networks).”

The observatory noted that “the government program did not provide clear mechanisms to address the rentier economy or reduce the bloated public sector, which constitutes an increasing burden on the general budget, nor did it address in detail the tools for addressing the financial deficit or how to confront the shocks associated with fluctuations in oil prices and the decline in exports.” link

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Sunday 5-10-2026

Ariel:  Banks are Preparing for this Transition

5-8-2026

Jerome Powell’s term as Federal Reserve Chair is set to end around then (with a nominee like Kevin Warsh potentially stepping in.

Banks are preparing for this transition under an entire different financial system. Which is why you all should continue to inquire about the currency revaluation because it is based on the gold standard.

Ariel:  Banks are Preparing for this Transition

5-8-2026

Jerome Powell’s term as Federal Reserve Chair is set to end around then (with a nominee like Kevin Warsh potentially stepping in.

Banks are preparing for this transition under an entire different financial system. Which is why you all should continue to inquire about the currency revaluation because it is based on the gold standard.

You do not have to show your hand too early by telling Banks you are looking to exchange your IQD. Start with general questions to see if they are even preparing for this transition.

And if they are tell them you want them business only if they are willing to look into the new currency Forex listing that countries like Venezuela is gearing up for to support their national currency and you think Iraq is doing the same because of their gold policy shifts. No bank will escape this transition.

Renee:Gold quietly hits record highs. Then suddenly Wall Street starts pushing $6,000 targets. Right before May 15. Central banks are stockpiling gold. The biggest wealth transfer in history doesn’t happen with warnings. It happens while the masses are distracted.

A gold nugget from our one and only info hound. You are absolutely correct Renee. This is why people should continue to go to banks and asked them general questions about the currency revaluation before they even know what you personally hold. People mess up NY showing their hands to early. Anyway you have a goodnight love. We’ll talk again soon.

Source(s):
https://x.com/Prolotario1/status/2052615226701287781

https://dinarchronicles.com/2026/05/08/prolotario-banks-are-preparing-for-this-transition/b

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

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

Thom   Similarities between the dinar and the dong:  Both currencies are controlled by their central banks.  Neither one floats freely on the open market...Both of them have a 'street price'...Both communities have long-term holders that believe the official rate is too low.  Millions of Americans are sitting on both currencies for the same basic reason.  We believe the real value hasn't been priced in yet...Both governments are intentionally holding the rate down..

Stephen  US Treasury Secretary Scott Bessent X post:   "Like a rogue gang, the Iranian regime is pillaging resources that rightfully belong to the Iraqi people.  Treasury will not stand idly by as Iran's military exploits Iraqi oil to fund terrorism against the United States and our partner."  That's incredible that he came out and made that public statement...This is not a negative in any way.  This is all positive...

Jeff  We've had a lot of false alarms in this.  I will admit that.  Part of the reason why we've had a lot of false alarms, for one, this is a huge learning experience because we don't have a 'Dinar for Dummies' book revealing every step in this.  Unless you know every step, plus...2012 they suggested they were going to do it.  2014 they suggested, December 20th 2020 they suggested they were going to do it...During the first half of [2025] year they were putting out a whole bunch of articles about minting coins... The point is, without knowing every step...it's a speculative unknown investment making it very difficult to study. 

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

Silver to $500 THIS SUMMER? Must Watch Stunning Forecast | Michael Oliver

Liberty and Finance:  5-9-2026

Michael Oliver of Momentum Structural Analysis returns to LibertyAndFinance with a stunning forecast: silver could surge to $300 to $500 per ounce as early as this summer.

Oliver explains why momentum indicators, not traditional price charts, are signaling that silver’s recent correction was a “phantom collapse” before the next major leg higher.

He also warns that the real crisis ahead is not stocks or geopolitics, but a looming U.S. government bond market breakdown that could force central banks into massive money printing.

In this interview, Oliver breaks down why he believes gold, silver, and commodities are entering a historic repricing phase while stocks, bonds, and crypto face major long term risks.

 He also shares why the current rally in the stock market may be part of a dangerous topping process similar to 2000 and 2007.

INTERVIEW TIMELINE:

0:00 Intro

1:20 $300-$500 silver this summer

8:10 Stock market top

15:00 Bond market

19:30 Bitcoin

22:25 Metals & commodities

https://www.youtube.com/watch?v=rWUSZz5vX-w


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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Sunday Morning 5-10-26

Good Morning Dinar Recaps,

Global Energy Shock Deepens as Hormuz Crisis Threatens Financial Stability

Oil volatility, inflation fears, and shipping disruptions are intensifying pressure on the global economic system

Good Morning Dinar Recaps,

Global Energy Shock Deepens as Hormuz Crisis Threatens Financial Stability

Oil volatility, inflation fears, and shipping disruptions are intensifying pressure on the global economic system

 Overview (Key Points)

The global economy is facing renewed financial stress as tensions surrounding the Strait of Hormuz continue disrupting energy markets and trade flows.

Oil prices remain highly volatile amid fears that prolonged instability in the Gulf could trigger a broader inflationary and economic shock across global markets.

Investors are increasingly concerned that rising energy costs could delay central bank rate cuts, weaken consumer demand, and slow economic growth worldwide.

The situation highlights how closely the global financial system remains tied to Middle East energy stability, despite years of diversification efforts.

Key Developments

1. Oil Prices Remain Elevated Amid Gulf Instability

Brent crude and U.S. oil prices continue trading at historically elevated levels following disruptions linked to the Iran conflict and shipping concerns in the Gulf.

Analysts warn that even temporary interruptions in the Strait of Hormuz can create major ripple effects throughout the global economy.

2. Inflation Risks Are Re-Emerging

Higher oil prices are increasing fears of another wave of global inflation.

  • Transportation costs are rising

  • Manufacturing expenses are climbing

  • Consumer purchasing power is weakening

This could complicate efforts by central banks to stabilize economies already burdened by debt and slow growth.

3. Investors Shift Toward Safe-Haven Assets

Global uncertainty is driving increased interest in:

  • Gold

  • U.S. Treasuries

  • Defensive assets

Meanwhile, market volatility continues to intensify as traders react to rapidly changing geopolitical developments.

4. Global Trade Routes Face Mounting Pressure

The Gulf region remains one of the world’s most important energy corridors.

Shipping disruptions and higher insurance costs are increasing pressure on global supply chains and trade networks, especially across Asia and Europe.

5. Economic Fragility Is Becoming More Visible

The latest market swings reveal how vulnerable the global economy remains to geopolitical shocks.

Even with strong corporate earnings in some sectors, rising energy costs continue threatening broader financial stability.

 Why It Matters

Energy shocks historically trigger wider economic consequences across:

  • Inflation

  • Currency markets

  • Trade systems

  • Consumer confidence

The current crisis is exposing the interconnected nature of the modern financial system and its dependence on stable energy flows.

Why It Matters to Foreign Currency Holders

Rising oil prices and geopolitical instability can drive:

  • Currency volatility

  • Inflationary pressure

  • Capital movement into safe-haven assets

Countries heavily dependent on imported energy may face increased strain on national currencies and reserves.

Implications for the Global Reset

  • Pillar 1: Energy Security Is Becoming Financial Security

The ongoing Gulf crisis demonstrates how energy control increasingly influences monetary stability and global economic power.

  • Pillar 2: Systemic Vulnerabilities Are Accelerating Structural Change

Persistent instability may push nations to:

  • Diversify trade systems

  • Reduce dependency on vulnerable shipping routes

  • Explore alternative financial arrangements outside traditional structures

Conclusion

The current energy crisis is not simply a regional geopolitical issue—it is becoming a global financial stress event.

As oil volatility, inflation fears, and market uncertainty converge, governments and financial institutions are being forced to confront deeper structural vulnerabilities within the global economy.

The world may be entering a period where economic resilience becomes just as important as military or political power.

Seeds of Wisdom Team
Newshounds News™ Exclusiv
e

Sources

~~~~~~~~~~ 

 🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.

You were not wrong to believe the global financial system would change.

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

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

That is not your failure.

Our mission here is different:   • No dates • No rates • No hype • No gurus

Instead, we focus on:

• Verifiable developments • Institutional evidence

• Global financial structure • Where countries actually sit in the process

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

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RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Sunday Morning 5-10-26

Kurdistan Finance Ministry Deposits Over 50 Billion Dinars Of April Revenues With Baghdad

Money and Business   Economy News – Baghdad  The Ministry of Finance and Economy in the Kurdistan Region announced on Sunday that more than 50 billion dinars of non-oil revenues for the month of April have been deposited into the bank account of the Federal Ministry of Finance.

Kurdistan Finance Ministry Deposits Over 50 Billion Dinars Of April Revenues With Baghdad

Money and Business   Economy News – Baghdad  The Ministry of Finance and Economy in the Kurdistan Region announced on Sunday that more than 50 billion dinars of non-oil revenues for the month of April have been deposited into the bank account of the Federal Ministry of Finance.

The ministry said in a statement seen by “Al-Eqtisad News” that it had deposited an amount of 50 billion, 292 million, and 213 thousand Iraqi dinars into the federal finance account at the Central Bank of Iraq branch in Erbil, as part of the financial procedures followed to settle non-oil revenues between the region and the federal government to finance the monthly salaries of Kurdistan employees.   https://www.economy-news.net/content.php?id=68884

Iraq Maintains Its Position In The Global Gold Reserve Ranking During 2026

Money and Business   Economy News – Baghdad     Data from the World Gold Council revealed that gold constituted about 25% of Iraq’s total foreign reserves during 2026, reflecting the continued role of gold as one of the most important financial hedging tools in the country.

The latest official global gold reserves data for May 2026 showed that Iraq has not recorded any gold purchases since the beginning of 2026, remaining at 174.6 tons

This figure comes amid a state of relative stability in the global gold market, where central banks continue to rely on gold as a safe asset alongside foreign currencies.

According to data seen by Shafaq News Agency, Iraq maintained its position in the global ranking, coming in at 28th globally and third in the Arab world during the past months of this year.

Globally, the United States topped the list with a reserve of 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, France came in fourth with 2,437 tons, while China came in fifth with a reserve of 2,311 tons.

According to the report, Iraq purchased several quantities of gold during 2025, including one ton in March, 1.6 tons in June, 3.1 tons in July, 2.5 tons in August, and 3.8 tons in October.

It is worth noting that the World Gold Council, based in the United Kingdom, is one of the leading bodies specializing in analyzing global gold market trends and the factors affecting its prices. https://www.economy-news.net/content.php?id=68901

The Repercussions Of The Hormuz Closure: Iraq's Economy Under Pressure: Rising Debt And Eroding Liquidity Threaten Financial Stability.

Reports    Economy News – Baghdad   The issue of financial stability in Iraq has returned to the forefront once again, with growing fears of a widening fiscal deficit and declining oil revenues, coinciding with rising domestic debt and a decrease in the central bank's foreign reserves, at a time when the government affirms that the monetary situation is still under control and that reserves are capable of protecting the economy from external shocks.

The Ministry of Finance revealed that the total Iraqi domestic debt reached 96 trillion and 629 billion dinars by the end of April 2026, compared to an external debt of $13.039 billion, at a time when data indicates the state’s continued reliance on domestic borrowing to cover operational expenses, particularly salaries, government subsidies, and the energy sector.

According to data from the Public Debt Department, Iraqi governments have borrowed more than 46 trillion dinars domestically since 2023 until last April, of which only about 43% has been repaid, while the largest part of the debt still represents accumulated obligations from previous governments.

Nevertheless, financial authorities maintain that the debt-to-GDP ratio remains within internationally acceptable limits.

In contrast, clear signs of pressure on liquidity and cash reserves emerged, after recording a decline of more than 3 trillion dinars in the central bank’s reserves in just two weeks, according to official data pointed out by economist Nabil Al-Marsoumi, who warned that the gap between oil revenues and government spending has begun to widen in an unprecedented way.

Al-Marsoumi believes that the current crisis is directly related to the repercussions of regional tensions and the disruption of trade and energy in the region, especially after the closure of the Strait of Hormuz and the significant decline in Iraqi oil exports, which led to a decrease in oil revenues to levels that are insufficient to cover salaries and basic operating expenses.

According to his estimates, Iraq needs approximately 7 trillion dinars per month to cover operational spending, while current oil revenues provide only a limited portion of this amount, which puts the government in front of difficult financial choices, most notably expanding domestic borrowing or resorting to monetary tools that may later affect monetary stability and the level of inflation.

Experts also warn that the continued decline in oil revenues will lead to a further depletion of foreign reserves, especially as the central bank continues to finance foreign trade and maintain exchange rate stability, given the limited non-oil revenues and declining commercial activity as a result of regional turmoil.

In contrast, the Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, downplays the seriousness of the situation, stressing that foreign reserves still represent the first line of defense for the Iraqi economy, and that monetary management has the technical ability to absorb temporary shocks.

In his interview with "Al-Eqtisad News," Saleh points out that foreign reserves still cover about 12 months of imports, a percentage that far exceeds safe international standards.

He stressed that any short-term fluctuation in reserves can be dealt with within the approved monetary policies, and that the central bank still retains effective tools to ensure financial and monetary stability.

Despite official assurances, observers believe the real challenge lies not only in the size of reserves or public debt, but also in the Iraqi economy's continued near-total dependence on oil, at a time when regional energy markets and supply lines are experiencing frequent shocks. Furthermore, delays in gas and energy projects and rising operational spending are placing public finances under pressure that could worsen if the regional crisis persists.

Between the government’s vision, which emphasizes the strength of the monetary situation, and experts’ warnings of a widening deficit and liquidity gap, the Iraqi economy remains facing a difficult test that depends largely on the stability of oil markets and the state’s ability to diversify its resources and reduce its dependence on rentier spending in the face of rapidly changing regional circumstances.https://www.economy-news.net/content.php?id=68902

The Iraqi Stock Market Traded 48 Billion Shares Worth 27 Billion Dinars During The Month.

Stock Exchange   Economy News – Baghdad   The Iraq Stock Exchange announced on Sunday that more than 48 billion shares worth more than 27 billion dinars were traded during the month of April.

A market report stated that "the market held 20 regular trading sessions during the month, during which shares of 82 out of 118 listed companies were traded."

He added that "the number of executed transactions reached about 23,490 transactions, while the number of shares traded exceeded 48 billion and 605 million shares, with a value of 27 billion and 457 million dinars, distributed across various sectors."

The report noted that "the ISX60 index closed at the end of the month at 983.02 points, recording an increase of 1.9% compared to the previous session's close," indicating that this "reflects a state of anticipation and caution among investors during trading periods."

The Iraq Stock Exchange, which includes diverse sectors such as banking, telecommunications, industry, insurance, investment and services, is witnessing regular trading activity despite the economic challenges.

https://www.economy-news.net/content.php?id=68906

Aramco CEO: The World Lost One Billion Barrels Of Oil In Two Months

energy   Economy News - Follow-up    Commenting On The Company’s Results Released On Sunday, Saudi Aramco President And CEO Amin Nasser Said The Past Two Months Have Served As A Stark Reminder That Oil And Gas Remain Essential Components Of Global Energy Security.

He Added That The World Has Lost About One Billion Barrels Of Oil In The Past Two Months, Noting That Even With The Resumption Of Energy Flows, It Will Take Time For The System To Return To Normal.

Al-Nasser Explained That Aramco’s Goal Is To Ensure The Continued Flow Of Energy, Stressing That The Company Was Able To Restart Some Of The Affected Facilities In Less Than 24 To 48 Hours, A Process That Could Have Taken Months Without Prior Investment And Emergency Planning.

Al-Nasser Noted That Years Of Underinvestment, Coupled With Recent Supply Disruptions, Have Increased Pressure On Global Stockpiles.

Al-Nasser Also Emphasized That Asia Remains A Top Priority For Saudi Aramco.

Al-Nasser Noted That The Company’s Performance In The First Quarter Reflects Strong Operational Resilience And A Great Ability To Adapt In A Complex Geopolitical Environment.

He Added That The East-West Pipeline, Which Is Now Operating At Its Maximum Capacity Of 7 Million Barrels Of Oil Per Day, Has Proven To Be A Vital Artery To Ensure The Continued Supply Of Oil And Other Products To The Markets, As It Has Helped To Mitigate The Effects Of The Global Energy Shock And Has Contributed To Providing Support To Customers Affected By Shipping Restrictions In The Strait Of Hormuz. https://www.economy-news.net/content.php?id=68887

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Jon Dowling Weekly Wrap Up & Latest Financial Updates

Jon Dowling Weekly Wrap Up & Latest Financial Updates

5-8-2026

The landscape of global finance and geopolitics is shifting beneath our feet, and staying informed is more critical than ever.

 In the latest edition of the Weekly RV Report, broadcast from South Florida on May 8th, 2026, the host breaks down the complex intersection of Middle Eastern tensions, regulatory breakthroughs, and the transformation of our financial infrastructure.

As a reminder, this analysis is provided for informational purposes and should not be construed as professional financial advice.

Jon Dowling Weekly Wrap Up & Latest Financial Updates

5-8-2026

The landscape of global finance and geopolitics is shifting beneath our feet, and staying informed is more critical than ever.

 In the latest edition of the Weekly RV Report, broadcast from South Florida on May 8th, 2026, the host breaks down the complex intersection of Middle Eastern tensions, regulatory breakthroughs, and the transformation of our financial infrastructure.

As a reminder, this analysis is provided for informational purposes and should not be construed as professional financial advice.

One of the most profound developments discussed is the disruption of a 233-year monopoly on Wall Street. The SEC has officially approved the integration of tokenized stocks, a move that effectively removes the need for traditional brokers and clearinghouses.

By utilizing blockchain technology for seamless trading, the financial sector is moving toward a more decentralized model. Complementing this, a new category of specialized banking—backed by prominent leaders in tech and finance—is emerging to cater specifically to stablecoin and crypto businesses.

These milestones, coupled with a concerted effort by major crypto firms to solidify legal frameworks, suggest we are witnessing the dawn of a fundamentally new financial era.

As these systemic changes take hold, the commodities and precious metals markets are reacting in real-time. We are seeing a notable climb in the prices of gold and silver, while crude oil and the dollar index continue to navigate periods of volatility.

Looking ahead, the report offers a compelling forecast: a projected decrease in interest rates, coinciding with a de-escalation of the conflict involving Iran and its neighbors. Analysts suggest that these events could serve as a catalyst for significant growth in both precious metals and cryptocurrency markets. Notably, the stock market has shown remarkable resilience, indicating that savvy investors may already be positioning their portfolios to capitalize on these upcoming structural shifts.

Beyond the technical charts and geopolitical strategies, the report reminds us of the human element behind these economic transformations. By highlighting a rare historical Zimbabwe banknote, the host provides a stark, tangible reminder of what happens during periods of extreme economic upheaval—a humbling context for today’s market evolution.

As we approach the weekend, the message concludes with a heartfelt note of gratitude for the community’s support and a warm tribute to mothers everywhere in honor of Mother’s Day.

For those looking to dive deeper into these timely insights, we encourage you to watch the full report from Jon Dowling. Staying ahead of the curve requires constant learning, and this deep dive offers a great starting point for understanding the forces shaping our financial future.

https://www.youtube.com/watch?v=7vfSGDkdDzE


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Economics, Chats and Rumors Dinar Recaps 20 Economics, Chats and Rumors Dinar Recaps 20

What Just Happened in Iraq is Massive

What Just Happened in Iraq is Massive

Dinar For Dummies:  5-9-2026

In a recent update from the channel Dinar For Dummies, the host shares critical breaking news regarding the latest U.S. Treasury actions in the Middle East.

The U.S. government has officially imposed significant sanctions on Iraq’s deputy oil minister, a move that signals a tightening grip on illicit financial flows within the region.

What Just Happened in Iraq is Massive

Dinar For Dummies:  5-9-2026

In a recent update from the channel Dinar For Dummies, the host shares critical breaking news regarding the latest U.S. Treasury actions in the Middle East.

The U.S. government has officially imposed significant sanctions on Iraq’s deputy oil minister, a move that signals a tightening grip on illicit financial flows within the region.

According to the report, these sanctions were triggered by findings that Iraqi oil revenues were being funneled to external interests, effectively bypassing international protocols and fueling regional instability. For those following the economic trajectory of Iraq, this development is being viewed as a pivotal step in restoring the nation’s financial integrity.

The host, who has been a dedicated investor in the Iraqi dinar since 2011, explains that these maneuvers are part of a broader, more aggressive strategy by the U.S. administration to “cleanse” the Iraqi financial system.

By targeting high-ranking officials and removing “bad actors” who have long exploited Iraq’s vast natural resources, the U.S. aims to eliminate the influence of external proxies that have hindered Iraq’s progress. T

he consensus among many analysts is that Iraq cannot achieve full economic sovereignty—or a successful revaluation of its currency—until its systems are transparent and free from systemic corruption.

According to the video, top U.S. officials, including Treasury Secretary Scott Bessent and representatives from the State Department, have taken a firm stance against these illicit oil-smuggling operations. The host highlights how these operations often involve masking foreign crude oil as Iraqi products to evade sanctions.

 By dismantling these networks, the U.S. is helping to ensure that Iraq’s wealth stays within its borders to benefit its own citizens and infrastructure. This crackdown is being heralded as a major turning point, potentially clearing the path for the long-awaited revaluation (RV) that would increase the dinar’s purchasing power on the global stage.

Beyond the sanctions, there is a growing sense of optimism regarding Iraq’s internal leadership. The host points to the newly designated Iraqi prime minister and the formation of a cabinet that appears more aligned with international standards and U.S. economic interests.

This alignment is seen as a crucial component of Iraq’s reform agenda, as it fosters an environment where international investment can flourish. When a government prioritizes transparency and the rule of law, the foundations for a stronger, more valuable currency are firmly established.

For the community of dinar investors, the host offers a message of patience and resilience. While the journey has been long and the emotional toll of waiting is undeniable, these recent developments are presented as tangible evidence of progress happening behind the scenes.

The host emphasizes that the removal of corrupt influences is not just a political necessity, but a financial one. As Iraq continues to reclaim its economic sovereignty and stabilize its internal systems, the groundwork for a future rise in the dinar’s value becomes increasingly solid.

https://www.youtube.com/watch?v=1iMz9HfH8xc

 


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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Saturday Afternoon 5-9-26

Good Afternoon Dinar Recaps, 

Dollar Pressure Intensifies: BRICS Expansion, Energy Fragmentation, and Gold Demand Accelerate Global Financial Realignment

New developments in energy markets, reserve diversification, and alternative payment systems are deepening the shift toward a multipolar financial structure

Rising geopolitical tensions, weakening confidence in traditional reserve systems, and expanding BRICS coordination are increasing pressure on the post-World War II financial order.

Good Afternoon Dinar Recaps, 

Dollar Pressure Intensifies: BRICS Expansion, Energy Fragmentation, and Gold Demand Accelerate Global Financial Realignment

New developments in energy markets, reserve diversification, and alternative payment systems are deepening the shift toward a multipolar financial structure

Rising geopolitical tensions, weakening confidence in traditional reserve systems, and expanding BRICS coordination are increasing pressure on the post-World War II financial order.

 OVERVIEW (KEY POINTS)

Global financial markets are entering another period of uncertainty as de-dollarization efforts, reserve diversification, and energy fragmentation continue accelerating across major emerging economies.

Today’s developments highlight how countries within BRICS and the broader Global South are increasingly building systems designed to reduce exposure to the US dollar and Western-controlled financial infrastructure.

At the same time, instability in energy markets — particularly around the Strait of Hormuz and Gulf supply chains — is reinforcing the push toward alternative trade arrangements backed by gold, local currencies, and regional settlement systems.

The broader implication is becoming clearer: the world economy is gradually moving away from a single dominant financial center toward a more fragmented and multipolar structure.

KEY DEVELOPMENTS

1. BRICS Payment System Discussions Continue Expanding

Momentum behind non-dollar settlement systems is growing.

  • India is expected to continue advancing proposals for a cross-border BRICS payment infrastructure

  • Member nations increasingly favor local currency trade and digital settlement systems

  • Alternative payment rails could gradually reduce dependence on SWIFT and dollar clearing systems

2. Central Banks Continue Shifting Toward Gold

Reserve diversification remains a major trend.

  • Central banks are steadily increasing gold accumulation

  • Nations increasingly view physical gold as protection against sanctions and reserve-access risks

  • Gold’s role as a neutral reserve asset continues expanding globally

3. Energy Fragmentation Reshapes Global Trade

Energy markets remain under pressure from geopolitical instability.

  • Gulf shipping disruptions and Hormuz tensions continue affecting trade flows

  • Oil and LNG markets are becoming increasingly regionalized

  • Energy-producing nations are exploring settlement mechanisms outside traditional dollar channels

4. Petrodollar System Faces Growing Long-Term Challenges

Several structural trends are weakening the traditional system.

  • Countries are increasingly questioning long-term dependence on dollar-denominated energy trade

  • Green energy investment and regional currency agreements are slowly reducing exclusive dollar demand

  • Reserve diversification is becoming a permanent strategic policy for many governments

5. Financial Stability Risks Continue Expanding

Global institutions are warning about broader systemic vulnerabilities.

  • IMF officials recently warned about rising cyber and AI-driven financial threats

  • Debt expansion, inflation pressure, and geopolitical fragmentation continue increasing systemic stress

  • Markets remain highly sensitive to energy and currency disruptions

 WHY IT MATTERS

These developments matter because the global financial system depends heavily on confidence, liquidity, and stable reserve relationships.

As countries diversify reserves and develop alternative settlement systems, the dominance of traditional financial channels may gradually weaken over time.

The shift does not necessarily mean an immediate collapse of the dollar system. However, it does point toward a future where multiple financial blocs compete simultaneously for influence over trade, reserves, and energy settlement.

This transition could produce higher volatility in currencies, commodities, and sovereign debt markets as global capital flows adjust to the changing structure.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Reserve diversification could weaken long-term dollar demand growth

  • Gold-backed and commodity-linked assets may gain importance

  • Currency volatility could increase during geopolitical disruptions

  • Countries holding large dollar reserves may continue reducing exposure gradually

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Multipolar Trade Infrastructure Expands

Alternative payment systems, regional currency agreements, and gold accumulation are slowly creating parallel financial channels outside traditional Western systems.

  • Pillar 2: Energy and Finance Become More Interconnected

Control over energy routes, LNG infrastructure, and commodity settlement mechanisms is increasingly influencing monetary policy and reserve strategy worldwide.

 CONCLUSION

The financial system is entering a phase where structural shifts are becoming harder to ignore.

Reserve diversification, energy fragmentation, and BRICS-led financial experimentation are no longer isolated developments — they are converging into a broader transformation of global economic power.

While the dollar remains dominant today, the foundation supporting that dominance is being tested by geopolitical competition, alternative payment systems, and changing reserve strategies.

The next phase of the global economy may not be defined by a single financial center, but by competing systems operating side by side.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

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

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Iraq Economic News and Points To Ponder Saturday Afternoon 5-9-26

Oil Prices Claw Back Losses Following US-Iran Air Strikes

2026-05-09 Shafaq News     Brent crude futures jumped as much as 3% on Saturday, a day after the U.S. and Iran traded air strikes, but pared gains as traders hoped for a longer pause in the fighting that has shut shipping in the Strait of Hormuz.

Brent crude futures settled at $101.29 a barrel, up $1.23 or 1.23%, after rising as much as 3% during the session. U.S. West Texas Intermediate (WTI) futures finished at $95.42 a barrel, up 61 cents, or 0.64%.

Both contracts were settled with weekly declines of more than 6%.

Oil Prices Claw Back Losses Following US-Iran Air Strikes

2026-05-09 Shafaq News     Brent crude futures jumped as much as 3% on Saturday, a day after the U.S. and Iran traded air strikes, but pared gains as traders hoped for a longer pause in the fighting that has shut shipping in the Strait of Hormuz.

Brent crude futures settled at $101.29 a barrel, up $1.23 or 1.23%, after rising as much as 3% during the session. U.S. West Texas Intermediate (WTI) futures finished at $95.42 a barrel, up 61 cents, or 0.64%.

Both contracts were settled with weekly declines of more than 6%.

"We're treading water here, rightfully so," said John Kilduff, partner with Again Capital. "We're on the cusp of a breakthrough in negotiations or we're on the cusp of a renewal ⁠of the fighting. We've been here a lot."

"There is a sense in the market that there is going to be an agreement and we'll get the next phase which would be 30 days to hammer out an agreement (between Iran and the U.S.)," Kilduff said.

Throughout the day, traders felt like they had been swatted back and forth like a tennis ball.

"We're still playing the headline-o-rama game," said Phil Flynn, senior analyst with Price Futures Group. "Ship movement in the Persian Gulf is going about as well as can be expected. We're kind of working around the edges."

U.S. and Iranian forces clashed in the Gulf, and the UAE came under renewed attack as Washington awaited a response from Tehran to its proposal to end the conflict, which began with joint U.S.-Israeli airstrikes across ⁠Iran on February 28.

U.S. President Donald Trump later on Thursday told reporters the ceasefire was still in effect and sought to play down the exchange.

However, on Friday, Trump renewed an ultimatum demanding Iran give up its nuclear ambitions.

"How quickly can supply be returned from Gulf states, what will the state of inventories be as we approach peak gasoline season, and what sanctions would look like post-settlement are all worthy of thought. But none ⁠can be addressed until there is a long-term solution to hostilities," said PVM Oil Associates analyst John Evans.

"The U.S. administration continues to oversell the prospects of a thaw, and an optimism-biased market buys into it," said Vandana Hari, founder of oil market analysis firm Vanda Insights.

"Curiously, each time, ⁠the rebound is gradual and incomplete, making the head fakes at least somewhat effective."

Meanwhile, the U.S. Commodity Futures Trading Commission is investigating oil price trades totalling $7 billion placed shortly ahead of key Iran war-related announcements by Trump, Reuters reported on Thursday.

Most involved short ⁠positions, or bets on prices falling, placed on the Intercontinental Exchange (ICE) and Chicago Mercantile Exchange (CME) and were placed shortly before Trump statements announcing attack delays, the ceasefire or other changes to Iran policy that led to a decline in oil markets.   (REUTERS)

https://www.shafaq.com/en/Economy/Oil-prices-claw-back-losses-following-US-Iran-air-strikes

Basrah Crude Ends Week Lower

2026-05-09 Shafaq News- Basrah   Iraq’s Basrah crude grades posted a weekly loss of more than 10% last week.

Basrah Heavy edged down by $1.35 in the latest trading session to $110.53 per barrel, recording a weekly decline of $11.20, or 10.13%. Basrah Medium also fell by $1.35 to $112.63 per barrel, posting a weekly loss of $11.20, or 9.94%.

Brent crude futures settled $1.23 higher, or 1.23%, at $101.29 a barrel. US West Texas Intermediate (WTI) ended at $95.42 a barrel, up 61 cents, or 0.64%.   Both contracts were settled with weekly declines of more than 6%.

https://www.shafaq.com/en/Economy/Basrah-crude-ends-week-lower-8

High Production Costs Stifle Syrian Export Revival In Iraq

2026-05-09 Shafaq News- Damascus/ Baghdad   Syrian exporters are facing growing pressure in Iraq’s market, with trade volumes still far below the $2.3 billion in Syrian exports recorded before the 2011 war, as cheaper foreign products continue to expand their presence in the country.

Mohammad Orfali, head of the Investment and Real Estate Development Committee at the Damascus Chamber of Commerce, told Shafaq News on Friday that the decline in exports to Iraq to rising production, shipping, and energy costs inside Syria.

“The Iraqi market remains one of the most important destinations for Syrian products,” he remarked, noting that Syrian goods once accounted for a much larger share of Iraqi imports, particularly in food products, textiles, and pharmaceuticals.

Although the reopening of border crossings between Syria and Iraq has helped revive part of the trade flow, Orfali called for broader economic cooperation and stronger coordination between Damascus and Baghdad through trade delegations, as well as the chambers of commerce, industry, and agriculture.

“The improvement of logistics infrastructure, easing financial transfers, and streamlining customs procedures could further increase trade exchange between the two countries,” he continued, maintaining that Syrian products still enjoy the trust and preference of Iraqi consumers.

To strengthen the competitiveness of Syrian exports, Orfali urged Damascus to remove customs duties on raw materials used in manufacturing, a step he believes could reduce production costs and reinforce the position of Syrian goods in foreign markets, particularly Iraq.

He concluded that Baghdad remains among the most promising destinations for Syrian exports because of its proximity, lower transportation costs compared with distant markets, similar consumer tastes, and the longstanding economic and social ties between the Syrian and Iraqi peoples.

According to Iraq’s Ministry of Finance, trade between Iraq and Syria reached about $5 billion before the 2011 conflict. It then fell sharply during the war years to below $1 billion, as border closures, security disruptions, and the contraction of Syrian industrial output weighed on cross-border commerce. In recent years, however, trade has shown signs of recovery, with estimates for 2024 and 2025 placing the value of bilateral exchanges at around $2 billion.

https://www.shafaq.com/en/Economy/High-production-costs-stifle-Syrian-export-revival-in-Iraq

Hormuz Tensions Cut Iraq Ship Fuel Sales By More Than Half

2026-05-09 Shafaq News- Baghdad   Fuel supply operations for ships at Iraqi ports fell sharply in April as uncertainty surrounding navigation through the Strait of Hormuz and the regional war continued to disrupt shipping routes.

In a statement, Vinayak Kharmale, head of operations at Sea Crown Marine Services, noted that Iraq’s marine fuel sales dropped to around 7,000 metric tons in April from 15,000 metric tons in March, marking a decline of roughly 53%.

Kharmale explained that the slowdown was not driven by weak demand, but by difficulties in vessel movement and voyage planning amid continued security concerns in regional waters.

Shipping companies remain cautious about navigation routes after refueling, leading many operators to suspend activities pending greater stability in maritime traffic, he added.

Average prices for 0.5% low-sulfur marine fuel at Basra port also declined in April to $999.28 per metric ton, down $42.03 from the previous month.

The downturn coincided with weaker bunker fuel demand across Middle Eastern ports, particularly Fujairah and Dubai, as slower traffic through Hormuz pushed part of the demand toward ports in Africa, India, and Sri Lanka.

https://www.shafaq.com/en/Economy/Hormuz-tensions-cut-Iraq-ship-fuel-sales-by-more-than-half

Dollar Edges Up In Baghdad, Steady In Erbil

2026-05-09 Shafaq News- Baghdad/ Erbil   The US dollar opened Saturday's trading slightly higher in Baghdad and stable in Erbil, hovering around 153,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,150 dinars per 100 dollars, up from the previous session's 153,000 dinars.

In the Iraqi capital, exchange shops sold the dollar at 153,500 dinars and bought it at 152,500 dinars.

In Erbil, selling prices stood at 152,950 dinars and buying prices at 152,850 dinars.

https://www.shafaq.com/en/Economy/Dollar-edges-up-in-Baghdad-steady-in-Erbil

Gold Prices Slip In Baghdad And Erbil

2026-05-09 Shafaq News- Baghdad/ Erbil   Gold prices fell Saturday in Baghdad and Erbil markets, hovering around the million-dinar mark, according to a Shafaq News market survey.

On Baghdad's Al-Nahr Street, wholesale markets recorded a selling price of 1.014 million IQD per mithqal (equivalent to five grams) for 21-carat Gulf, Turkish, and European gold, with a buying price of 1.010 million IQD, down from 1.017 million IQD the previous session.

Iraqi 21-carat gold sold at 984,000 IQD per mithqal, with a buying price of 980,000 IQD.

In jewelry stores, 21-carat Gulf gold ranged between 1.015 million and 1.025 million IQD per mithqal, while Iraqi gold sold between 985,000 and 990,000 IQD.

In Erbil, prices also declined, with 22-carat gold selling at 1.054 million IQD per mithqal, 21-carat at 1.006 million IQD, and 18-carat at 861,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-slip-in-Baghdad-and-Erbil

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More “Iraq News” Posted by Tishwash at TNT 5-9-2026

TNT:

Tishwash: Trump: What happened in Iraq is "very good" and I'm happy with the prime minister-designate.

 US President Donald Trump said on Saturday that recent developments in Iraq were “very good,” expressing his satisfaction with the selection of the Iraqi prime minister-designate, in a further sign of Washington’s support for the new Iraqi leadership.

Trump said in a press statement followed by “Iraq Observer”, “What happened in Iraq is very good and I am happy with the prime minister-designate”, adding: “We are supposed to receive a response from Iran tonight.”

TNT:

Tishwash: Trump: What happened in Iraq is "very good" and I'm happy with the prime minister-designate.

 US President Donald Trump said on Saturday that recent developments in Iraq were “very good,” expressing his satisfaction with the selection of the Iraqi prime minister-designate, in a further sign of Washington’s support for the new Iraqi leadership.

Trump said in a press statement followed by “Iraq Observer”, “What happened in Iraq is very good and I am happy with the prime minister-designate”, adding: “We are supposed to receive a response from Iran tonight.”

Trump had invited Iraqi Prime Minister-designate al-Zaidi to visit Washington following the formation of the new government, stressing the US administration’s desire to strengthen bilateral relations and security and economic cooperation between the two countries.

The US president also stressed his country's support for the formation of an Iraqi government capable of building a better future for Iraq, free from terrorism.  link

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

Tishwash:  Hussein Arab: The cabinet approval session will be held on Monday with a government missing two ministers.

MP Hussein Arab confirmed today, Thursday (May 7, 2026), that the session to pass the ministerial cabinet will be held on Monday, with the government being presented with only two ministers missing.

Arab explained in a statement to “Baghdad Today” that “Prime Minister-designate Ali al-Zidi intends to present his cabinet formation next Sunday, along with his government program, in preparation for requesting a vote of confidence from Parliament,” indicating that “the latest date for the vote will be Monday.”

He added that “Al-Zaydi has great freedom in choosing candidates for ministries, as he asked some blocs to submit more than one name for each portfolio so that he could choose one of them, while he asked other blocs that have specific ministries to submit one candidate to be approved, provided that he is from the same bloc.”

He pointed out that "the prime minister-designate may ask the Democratic Party to nominate a specific name for one of the ministries because he believes that this person will succeed in managing it, and the same applies to other ministries."

Arab explained that “Al-Zidi’s cabinet is primarily economic, and aims to improve the service and economic situation in the country,” revealing that “a number of competent ministers in the current government will have their confidence renewed within Al-Zidi’s government, due to his conviction that their performance was outstanding in the past period.”

He added that "the next stage requires greater support for the person in charge in order to achieve success," stressing that "the country is going through a sensitive stage that requires concerted efforts to overcome the challenges."

Political consultations are continuing in Baghdad regarding the formation of the new government headed by Prime Minister-designate Ali al-Zaidi, amid anticipation of the confidence vote session in Parliament, and the accompanying discussions about the distribution of ministerial portfolios and the nature of the expected cabinet, which is expected to have an economic character to address the accumulated challenges in the service and financial files.   link

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

Tishwash:  The Central Bank continues to strengthen the stability of the dinar and the sustainability of the cash dollar.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Friday that the stability of the exchange rate is part of the Central Bank’s monetary policy, noting that there are ongoing measures to enhance the stability of the dinar, control liquidity, and ensure the sustainability of cash dollar supplies .

Saleh said, in a statement to the official agency followed by Al-Sa’a Network, that “the exchange rate policy and the monetary system are among the exclusive jurisdictions of the monetary authority, according to the Central Bank of Iraq Law No. (56) of 2004, which granted the Central Bank legal independence in formulating and implementing its monetary policies, while subjecting it to accountability before the House of Representatives based on Article (103) of the Constitution of the Republic of Iraq .”

He added that "the Central Bank of Iraq adopts a fixed official exchange rate policy as a nominal anchor to achieve general price stability in the long term, maintain monetary balance, and reduce inflationary expectations ."

He pointed out that “despite the independence of monetary policy, the management of the exchange rate is not done in isolation from coordination with the executive authority under the constitution, especially coordination with public finance in implementing fiscal policy, as the official rate is, in part, a contractual rate between monetary and fiscal policies .”

He pointed out that “the Central Bank informed the Ministry of Finance, late last year, that the exchange rate adopted for the purposes of preparing the draft federal budget law for 2026 would be around (1300) dinars per dollar, which reflects the continued adherence to the fixed official rate adopted since February 2023 until today, and is an important indicator of stability for the market and its expectations .”

Regarding the parallel exchange market, Saleh explained that “adopting financing foreign trade through official channels and at a fixed exchange rate has contributed to achieving important results in reducing the impact of black market fluctuations on price stability, most notably that the official market contributes to absorbing more than 90% of the real demand for the dollar, reducing demand in the parallel market to marginal limits, enhancing monetary balance, and improving control over liquidity levels by controlling their levels .”

He stressed that “stabilizing the parallel market is not achieved only through increasing the injection of cash dollars for travelers and others, which represents a percentage between 5% and 10% of the total demand for foreign currency, but rather through an integrated package of continuous measures, including effective management of cash liquidity through intervention in the exchange market, controlling and regulating official demand channels for foreign currency, enhancing confidence in institutions and monetary policies, as well as developing the internal commercial and financial infrastructure .”

He pointed out that "the sustainability of supplying cash dollars remains a key factor in stabilizing the parallel market and the noise that accompanies it, in accordance with well-thought-out supply plans that meet the needs of the local market, while adhering to national and international institutional compliance standards related to the use of foreign currency, and combating money laundering and the financing of illegal activities  link

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Tishwash:  Financial savings are out of control... warnings of the fragility of the economic system

Economic concerns have been raised regarding the management of the Central Bank's financial reserves, amid assurances that they are not subject to direct use except through borrowing.

Economic and oil expert Duraid Al-Anzi confirmed on Friday that Iraq is going through a major and suffocating crisis as a result of the failure to take measures related to the establishment of a sovereign wealth fund and financial savings.

Al-Anzi said that “Iraq is going through a major and suffocating crisis, as Iraq has not taken measures to establish a sovereign wealth fund and savings.”

He added that “the central bank’s savings are outside of financial and economic control, and can only be accessed through borrowing.”

He pointed out that “oil is essential, as Iraq has produced at least $17 trillion from oil sales over the past years.”

He explained that “the continuation of the current situation of restricting oil exports leads to deterioration,” expressing his fear that “there might be an idea to mortgage Iraqi oil.”

Al-Anzi stressed that “the country’s economic situation is very dangerous and needs to be monitored.”  link

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Saturday 5-9-2026

Stephanie Starr: Clarity Act Officially Placed on Senate Banking Committee Calendar

5-9-2026

BREAKING: Clarity Act Movement

The Digital Asset Market Clarity Act has OFFICIALLY been placed on the Senate Banking Committee calendar for MARKUP.

May 14, 2026

Stephanie Starr: Clarity Act Officially Placed on Senate Banking Committee Calendar

5-9-2026

BREAKING: Clarity Act Movement

The Digital Asset Market Clarity Act has OFFICIALLY been placed on the Senate Banking Committee calendar for MARKUP.

May 14, 2026

Senate Banking, Housing, and Urban Affairs Committee

The committee will meet in Executive Session to consider:
“H.R. 3633, the Digital Asset Market Clarity Act of 2025.”

This is HUGE.

For months the market has been waiting for:
Official bill text
The 48-hour review window
Confirmation of markup scheduling

Now it’s REAL!!

This moves crypto regulation from speculation into formal legislative action.

If advanced out of committee, the path toward broader Senate movement becomes significantly more serious. Markets don’t wait for final signatures… They price in probability, momentum, and institutional certainty.

XRP. XLM. XDC. Tokenization. Stablecoins. Institutional rails.

The regulatory chessboard is moving.

Source(s):
https://x.com/StephanieStarrC/status/2052915738730512415

https://dinarchronicles.com/2026/05/09/stephanie-starr-clarity-act-officially-placed-on-senate-banking-committee-calendar/

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

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

Jeff  The news just keeps getting better and better going into next week.  Next week looks amazing - all the way to possibly having a formed government by...Saturday of next weekend the 16th...the rate change is extremely close to happening.

Stephen I believe we're probably in a 3 to 6 month window.  I still believe a few things have to happen before the dinar does revalue...It's a fluid situation...

Frank26The last three weeks, all the information...it's been so explosive.  It's like a rocket taking off.  
The problem is it comes back down in a parachute.  It comes back slowly.  The rocket has already been launched.  What we're doing is we're simply waiting for all the pieces to come together. 

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

Iraqi Dinar News: The 'Real Math' Behind the IQD Currency Revalue

5-9-2026

In this video, Sandy Ingram breaks down the real math behind the Iraqi Dinar currency RV and explains why moving from .00076 to just 10 U.S. cents is a much bigger financial jump than many investors realize.

Using verifiable global currency statistics, exchange rate comparisons, and real-world economic examples, this video explores what would actually need to happen for the IQD to increase in value over time.

If you have ever wondered how the decimal point works in currency investing, this video explains the math in a simple and understandable way. Sandy shares the research behind the numbers, the challenges facing the Iraqi Dinar, and why long-term economic growth, banking reform, oil revenue, and global financial integration all matter.

This is not hype. This is a realistic look at the IQD currency RV using facts, research, and economic logic.

https://www.youtube.com/watch?v=xrlJChrTpB8



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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Saturday Morning 5-9-26

Good Afternoon Dinar Recaps,

Global Energy Order Shifts: Gulf Gas Rigidity and OPEC Fractures Reshape Financial Power

Structural constraints in Gulf energy markets and weakening OPEC cohesion are accelerating changes across global trade, currencies, and economic alliances

The global energy system is entering a more rigid and fragmented phase, where supply constraints, geopolitical tensions, and irreversible infrastructure decisions are redefining financial stability.

Good Afternoon Dinar Recaps,

Global Energy Order Shifts: Gulf Gas Rigidity and OPEC Fractures Reshape Financial Power

Structural constraints in Gulf energy markets and weakening OPEC cohesion are accelerating changes across global trade, currencies, and economic alliances

The global energy system is entering a more rigid and fragmented phase, where supply constraints, geopolitical tensions, and irreversible infrastructure decisions are redefining financial stability.

 OVERVIEW (KEY POINTS)

Major changes are emerging across global energy markets as the Gulf region faces growing structural constraints in gas production, exports, and internal consumption, while cracks deepen inside OPEC itself.

This shift is happening now because the traditional flexibility once underpinning oil and gas markets is disappearing. Infrastructure limitations, geopolitical tensions, and rising domestic demand are creating a more rigid and less adaptable global energy system.

Key players include Saudi Arabia, the UAE, Iran, Qatar, the United States, and OPEC nations, all navigating a changing environment where energy policy increasingly overlaps with geopolitical and financial strategy.

The broader implication is significant: global energy fragmentation is becoming a major driver of inflation, trade realignment, and monetary instability within the emerging multipolar financial system.

KEY DEVELOPMENTS

1. OPEC’s Internal Balance Faces Growing Pressure

The traditional structure inside OPEC is weakening.

  • UAE increasingly pursuing independent energy ambitions

  • Saudi Arabia managing OPEC without its strongest spare-capacity partner

  • Internal coordination becoming more difficult and fragmented

2. Global Gas Markets Grow More Rigid

Flexibility in LNG supply is shrinking.

  • U.S. export expansion constrained by pipeline bottlenecks and domestic demand

  • Qatar facing delays tied to infrastructure repairs and supply-chain strain

3. Gulf States Face Structural Energy Constraints

Domestic pressures are reshaping policy.

  • Saudi Arabia and Iran consuming most gas production internally

  • UAE transitioning toward a regional energy hub model

  • Kuwait remaining structurally dependent on LNG imports

4. Hormuz and Regional Tensions Deepen Market Anxiety

Geopolitical risks remain central.

  • Strait of Hormuz disruptions continue impacting global energy confidence

  • Gulf coordination increasingly tied to security and shipping stability

5. Energy Infrastructure Decisions Become Permanent

The system is locking into long-term pathways.

  • LNG terminals, pipelines, and hydrogen projects creating irreversible commitments

  • Markets no longer behaving with short-cycle flexibility

  WHY IT MATTERS

This development matters because energy markets sit at the center of the global financial system. When supply flexibility disappears, inflation risks become harder to control and more persistent.

The emerging rigidity in gas and oil infrastructure also reduces the ability of markets to absorb shocks quickly, increasing the likelihood of longer-lasting economic disruptions.

For policymakers, the combination of energy fragmentation and geopolitical tension complicates monetary policy, trade planning, and economic forecasting.

At the system level, this signals a transition from a highly globalized energy market toward a more regionalized and strategically controlled framework.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Energy-importing currencies face greater inflation pressure

  • Commodity-linked currencies may gain strategic importance

  • Exchange rate volatility likely to increase during supply disruptions

  • Gold and energy-backed trade settlements may continue expanding

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Energy Fragmentation Reshapes Global Trade

Regional energy blocs are becoming more important as countries seek secure supply chains and reduced exposure to geopolitical shocks.

  • Pillar 2: Multipolar Financial Architecture Expands

As energy alliances evolve, nations are increasingly building parallel systems for trade, reserves, and settlement outside traditional Western dominance.

CONCLUSION

The global energy system is no longer operating with the flexibility that defined previous decades.

Instead, infrastructure rigidity, geopolitical competition, and strategic resource control are creating a more constrained and fragmented environment with direct consequences for global finance.

The shift now underway is larger than oil or gas markets alone—it reflects a broader transformation in how economic power is organized and projected worldwide.

When energy systems lose flexibility, the global financial system becomes far more vulnerable to structural change.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

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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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