Ross: IQD Revaluation is Tied to the Adoption of Crypto

Ross: IQD Revaluation is Tied to the Adoption of Crypto

5-18-2026

XRP IQD (Supercharges)

Iraq: $100B foreign reserves (CBI: covers 12 months of imports).

Major chunk funds bills, dollar auctions & trade buffers.

Global XRP adoption + ODL slashes that need (12mo → 3mo).

Same reserves now 2-4x more effective for IQD stability & backing.

No more idle cash for tomorrow’s imports — full power toward currency strength.

If you don’t believe me or you don’t get it, read this.

Ross:  The Iran War has Iraq’s Foreign Reserves Under Heavy Pressure — a Signal for the XRP Revolution.

Oil revenues are down, yet the country still has to maintain massive dollar stockpiles just to cover imports, service debt, and stabilize the dinar peg. This pressure is exactly why efficient digital solutions like XRP and its on-demand liquidity model were built.

Instead of tying up billions in idle nostro and vostro accounts across foreign currencies, banks can instantly convert local currency to XRP—or Ripple’s RLUSD stablecoin—and then to the destination currency on the XRPL.

No delays, no correspondent banking headaches, and dramatically reduced need for massive FX reserves sitting idle. As XRP becomes the bridge asset for central banks and institutions, countries like Iraq could slash the transactional portion of their reserves.

You wouldn’t need to hoard dollars just to settle tomorrow’s oil invoices or pay for imports. Of course, nations will still hold buffers for trade imbalances, economic shocks, and currency confidence. But XRP doesn’t eliminate the need for reserves—it shrinks the reasons for holding so many of them.

 XRP shifts Iraq’s reserves from constantly covering the bills to primarily backing the currency itself — providing fuel for a massive revaluation.

Iraq’s current reserve bleed is the perfect pressure point making these digital rails highly attractive. And Iraq is already moving in this direction with a digital dinar.

The Central Bank of Iraq is working on a CBDC—a stablecoin-like version of the dinar, backed 1:1 by the central bank itself. This digital native currency aims to reduce cash hoarding, cut printing costs, keep money in the formal system, and enable faster, cheaper payments both domestically and across borders.

The digital dinar isn’t some private token; it’s official e-cash on a ledger—programmable, trackable, and instantly settleable.

It fights dollarization and improves liquidity management. Paired with global rails like XRPL, it reduces the pressure to defend the physical currency through endless dollar sales.

A revalued, stronger dinar would make this digital version far more credible and attractive internationally. People want to hold and use a currency that feels stable and valuable.

You can’t have a sudden massive revaluation without reforms — that could wreck exports and destroy the reserves they’re trying to protect. Instead, the blueprint is clear: stabilize via the current peg, build the digital infrastructure, integrate efficient cross-border rails like XRP, diversify the economy, and then revalue to support tokenization.

The digital dinar can launch regardless of the current rate but why launch digital garbage? What it needs is stability, trust in the central bank, and interoperability with the world.

This reserve situation and Iraq’s CBDC push? It’s a major clue about what’s coming: a modernized, tokenized Iraqi dinar built for the digital age, with less reliance on bloated dollar reserves.

Tokenization is fuel for the revaluation. A tokenized dinar = improved credibility/stability/functionality. The writing is on the wall for what’s coming. This is what’s different this time around.

Ross:  Why you CANNOT tokenize a hyperinflated currency like IQD in its current broken state: Tokenization is just a digital mirror. It copies the currency 1:1 onto the blockchain.

If the rate is still crushed at 1,300+ to 1 USD (a relic of sanctions & war) you’re only uploading digital garbage. Zero real value. Zero trust. Zero liquidity. No serious player will use it for settlement.

BlackRock - one of the key architects in DTCC’s tokenization launch (limited production July 2026, full Oct) - won’t touch it. They’re building the rails for trillions in real assets (Russell 1000 stocks, ETFs & Treasuries on Canton). They demand legitimate on-chain cash legs.

Sequence is everything: Revalue FIRST to reflect Iraq’s true wealth. THEN tokenize the new, strong dinar so it slots perfectly into the CLARITY + DTCC + stablecoin ecosystem.

BlackRock & major institutions will settle in multiple high-quality tokenized currencies (regulated stablecoins + tokenized deposits). A revalued, gold/oil-backed tokenized IQD at or above USD parity becomes a powerful option for diversification, Middle East oil-trade settlement, hedging, and 24/7 global liquidity. That’s the real play.

When will IQD RV?

Look no further than the Reverse Carry Trade unwinding — the catalyst for XRP mass adoption.

The Clarity Act is the signal that it’s almost time.

Everything is converging nicely right now, there’s no denying it.

Buckle up.

IQD Revaluing is Directly Tied to the Mass Adoption of Crypto.

Progress was made today.

The CBI is making serious strides on digital transformation ahead of the July 2026 government cashless deadline — fascinating how it syncs with President Trump’s July 4th Clarity Act deadline.

Governor Ali Mohsen Al-Alaq personally chaired a high-level meeting today with all licensed electronic payment companies.

They directly addressed the main technical, administrative, and regulatory challenges in the sector.

The group worked on upgrading and expanding electronic payment services across Iraq — the exact infrastructure needed to support future crypto integration.

Boosting overall efficiency in banking and finance was a central focus.

This represents important progress toward Iraq’s modern digital economy and positions the country to participate safely in the global crypto space.

The CBI continues demanding full compliance with its rules and international best practices — critical groundwork for regulated crypto adoption.

Security, reliability, and stronger digital infrastructure were key priorities that will enable secure crypto rails.

Expanding financial inclusion for the Iraqi people remains a top goal, building the user base ready for digital assets.

While this is not a rate change or RV announcement, these steps are building a solid foundation for a much stronger dinar in a crypto-enabled world.

The CBI is methodically constructing the infrastructure for a more powerful, globally respected Iraqi dinar future — perfectly timed to ride the coming wave of digital asset clarity.

Iraq’s government deadlock is finally ending, its digital economy is accelerating, the U.S. is rolling out crypto regulatory clarity, the reverse carry trade is set to unwind, and major geopolitical realignments are unfolding.

These forces are not converging by accident.

They are aligning to unlock Iraq’s economic rebirth and deliver a far stronger, globally relevant Iraqi dinar.

You are watching the foundation of one of the most significant monetary shifts in modern history take shape right now.

NCSWIC.

Source(s):
• https://x.com/Ross_ptm/status/2056036031565361468
• https://x.com/Ross_ptm/status/2056049113221767348
• https://x.com/Ross_ptm/status/2056107330199245036

https://dinarchronicles.com/2026/05/17/ross-iqd-revaluation-is-tied-to-the-adoption-of-crypto/

Seeds of Wisdom RV and Economics Updates Monday Afternoon 5-18-26

Good Afternoon Dinar Recaps,

Cuba–U.S. Tensions Escalate: Drone Claims, Energy Collapse, and Military Threats Raise Regional Stability Risks

Growing confrontation between Washington and Havana is reviving Cold War-era tensions at a time of rising geopolitical fragmentation and global financial uncertainty

Warnings of military confrontation between Cuba and the United States are intensifying concerns over regional stability, energy disruptions, and the expanding overlap between geopolitics and financial risk.

 OVERVIEW (KEY POINTS)

Cuban President Miguel Díaz-Canel warned today that any United States military action against Cuba would trigger a “bloodbath” with severe consequences for regional peace and stability.

The warning follows reports alleging Cuba acquired more than 300 military drones and discussed possible strikes on U.S. targets including the naval base at Guantánamo Bay and military assets near Florida.

At the same time, Cuba is facing one of its worst economic and energy crises in decades after severe fuel shortages and electricity blackouts intensified across the island following tighter U.S. pressure and energy restrictions.

The developments are drawing international attention because they reflect a broader trend of geopolitical escalation spreading across multiple regions simultaneously — a growing factor impacting global markets, commodity flows, and financial stability.

KEY DEVELOPMENTS

1. Cuba Warns of “Bloodbath” if Military Action Occurs

Tensions sharply escalated following public warnings from Havana.

• President Díaz-Canel stated Cuba poses “no threat” but would defend itself if attacked

• Cuban officials accused Washington of using false pretexts to justify aggression

• Foreign Minister Bruno Rodríguez cited Cuba’s right to self-defense under international law

2. Drone Allegations Intensify Security Concerns

Reports regarding military drones heightened tensions further.

• Axios reported Cuba allegedly obtained 300+ military drones

• Alleged targets included Guantánamo Bay and U.S. naval assets

• Cuban officials strongly denied aggressive intentions and called the claims politically motivated

3. Cuba’s Energy Crisis Deepens

Economic conditions on the island continue deteriorating rapidly.

• Severe fuel shortages are causing prolonged blackouts

• Electricity availability reportedly dropped to only a few hours daily in some regions

• Cuba blames tighter U.S. sanctions and energy restrictions for worsening conditions

4. Trump Administration Pressure Continues Expanding

Washington’s posture toward Havana has become increasingly aggressive.

• Reports indicate U.S. prosecutors may seek an indictment against former leader Raúl Castro

• Additional sanctions and strategic pressure are being discussed

• U.S.-Cuba relations are now at some of their lowest levels in decades

5. Regional Stability Risks Are Rising

The situation carries broader geopolitical implications.

• Caribbean trade and shipping routes remain strategically important

• Increased military tensions near Florida and Guantánamo raise security concerns

• Analysts warn that even limited escalation could impact regional markets and investor confidence

WHY IT MATTERS

The Cuba situation matters because it reflects the growing intersection between geopolitical confrontation, economic pressure, and financial instability.

The combination of sanctions, energy shortages, and military rhetoric increases uncertainty not only for the Caribbean region but also for broader global markets already dealing with elevated geopolitical risk.

It also demonstrates how economic tools such as sanctions and energy restrictions are increasingly being used alongside military and diplomatic pressure as part of modern geopolitical strategy.

At a time when markets are already sensitive to disruptions involving energy flows, trade routes, and sovereign debt, another major geopolitical flashpoint could further strain investor confidence globally.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Geopolitical instability often increases demand for safe-haven assets like gold

• Energy disruptions can fuel inflation and weaken fiat purchasing power

• Regional instability may increase currency volatility across emerging markets

• Sanctions-driven economic fragmentation continues accelerating multipolar trade systems

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Geopolitical Fragmentation Expands

The rise in U.S.-Cuba tensions reflects a broader pattern of increasing regional confrontation shaping global financial and trade systems.

• Pillar 2: Economic Pressure Becomes a Strategic Weapon

Sanctions, energy blockades, and financial isolation are increasingly central tools in geopolitical competition, influencing global reserve and trade strategies.

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CONCLUSION

The renewed confrontation between Cuba and the United States represents more than a regional dispute.

It highlights how geopolitical tensions, economic sanctions, and energy instability are becoming deeply interconnected within the evolving global financial landscape.

As nations increasingly rely on economic leverage and strategic pressure rather than traditional diplomacy alone, global markets may face higher volatility and greater fragmentation in the years ahead.

The growing overlap between geopolitics and economics is becoming one of the defining forces behind the emerging global financial reset.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Cuba Warns U.S. Military Action Would Cause ‘Bloodbath’ After Drone Report"

• Modern Diplomacy — "Cuba Warns U.S. Military Action Would Trigger ‘Bloodbath’"

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Iraq Economic News and Points To Ponder Monday Afternoon 5-18-26

Calls To Expedite The Submission Of The Budget To The House Of Representatives And Warnings Against Delaying Its Approval

Economy News — Baghdad   Member of Parliament Ahlam Al-Kakaei warned of the repercussions of the continued delay in approving the general budget, indicating that the absence of the budget has caused the suspension of many projects and has directly affected the service situation and development plans.

Al-Kaka’i added, in a statement to the official newspaper, that “Parliament extended its holiday due to the issue of forming the government cabinet, before later heading to the legislative holiday, which may lead to further delays in approving the budget if there is no political will to expedite its resolution.”

She stressed that “the continued delay in the budget will affect the launch of new projects and the completion of stalled projects, as well as disrupting the financial obligations of government institutions, stressing the need to expedite the submission of the draft budget to the House of Representatives for discussion and approval.”https://www.economy-news.net/content.php?id=69165

CBI: Iraq Posts About $25 Billion Trade Surplus In 2025

2026-05-18 / Shafaq News- Baghdad   Iraq recorded a trade surplus of approximately $24.686 billion in 2025, driven by exports outpacing imports across all four quarters of the year, according to data released Monday by the Central Bank of Iraq (CBI). 

Total exports reached roughly $90.43 billion against imports of $65.74 billion, based on foreign trade figures calculated on a free-on-board (FOB) basis —a methodology that values goods at the point of loading in the exporting country, excluding shipping and insurance costs. 

Exports declined gradually through the first three quarters before a marginal recovery in the final months of the year. The first quarter led with $24.11 billion, followed by $23.29 billion in the second quarter and $21.41 billion in the third, before edging up to $21.62 billion in the fourth quarter. 

Imports followed a broadly similar downward trajectory. The first quarter recorded $18.16 billion, with the figure falling to $15.99 billion in the second quarter and $16.10 billion in the third, before dropping to $15.49 billion in the fourth —the lowest quarterly import figure of the year. 

The surplus was sustained in every quarter without exception, with exports consistently exceeding imports throughout 2025, the data showed. https://shafaq.com/en/Economy/CBI-Iraq-posts-about-25-billion-trade-surplus-in-2025

US Denies Official Petraeus Role In Baghdad Visit

2026-05-18 / 04:25  Shafaq News- Washington    Former CIA Director Gen. David Petraeus does not hold any position within the US mission in Iraq, a US State Department spokesperson told Shafaq News on Monday, dismissing speculation surrounding his recent visit to Baghdad. 

Petraeus visited the Iraqi capital on Friday and held meetings with senior Iraqi officials, without any official clarification regarding the purpose of the trip or the capacity in which he attended.

 The visit fueled media reports suggesting that Petraeus, who previously commanded US forces during the Iraq war, had been assigned a special mission or was acting as an envoy for US President Donald Trump. Some reports linked the visit to what they described as growing US pressure on the Iraqi government over Iran-aligned armed factions operating in Iraq. 

For Shafaq News, Mostafa Hashem, Washington, DC. 

Read more: Iraq after the regional ceasefire: US bases and unresolved political questions 

https://www.shafaq.com/en/Iraq/US-denies-official-Petraeus-role-in-Baghdad-visit

A Najafi Source: Al-Sadr's Contact With Al-Zaydi Constitutes A "Shock" Within The Coordination Framework Forces, And There Are Fears Of Support For Al-Hanana

  latest news   Monday,   May 18, 2026  Najaf – One News    A source in Najaf revealed that the phone call made by the leader of the Shiite National Movement, Muqtada al-Sadr, to Prime Minister Ali al-Zidi constituted a “shock” within the forces of the Coordination Framework, in light of what he described as growing fears about the repercussions of al-Sadr’s support for al-Zaidi on the balance of political power. 

The source said that al-Sadr’s support for al-Zaydi “will put him in a stronger position against the interventions of some of the cadre leaders”, noting that al-Sadr sees in al-Zaydi “a figure who possesses the necessary determination to correct the course of the political process and save the country”, as he put it. 

 He added that al-Sadr supports the government's approach to combating corruption, and believes that the current stage requires giving the Prime Minister more space to implement real reforms away from political pressures and partisan rivalries. 

The source indicated that the atmosphere of concern within the coordination framework escalated after the contact, amid estimates that any rapprochement between Al-Sadr and Al-Zaydi could redraw political alliances during the next stage.    https://1news-iq.net/مصدر-نجفي-اتصال-الصدربالزيديشكّل-صدم/

An Economic Expert Says Iraq Needs About 7 Trillion Dinars To Cover Operational Expenses This Month.

Baghdad – One News   Nabil Al-Marsoumi, an expert in economic affairs, confirmed that Iraq needs about 7 trillion dinars to cover operational spending during the current month, noting that current oil revenues do not exceed 2 trillion dinars, which is insufficient to secure salaries and the costs of electricity and imported gas.

Al-Marsoumi explained that the budget deficit is likely to worsen starting this May, due to the significant decline in oil revenues resulting from a decrease in Iraqi exports by more than 90%, which led to revenues dropping to about one billion dollars last April.

 He added that the oil revenues achieved last March amounted to about two and a half trillion dinars, while salaries alone require more than 7 trillion dinars, which means there is a large financial gap that threatens to cover basic operating expenses, including the import of gas, electricity, medicine and social welfare.  https://1news-iq.net/خبير-اقتصادي-العراق-بحاجة-إلى-نحو-7-تري/

A Member Of The Parliamentary Finance Committee Told NINA: "The Next Stage Will Be Very Difficult... Economically."

Saturday, May 16, 2026  | Economy   Baghdad / NINA / Member of the Parliamentary Finance Committee, MP Mustafa al-Karawi, affirmed that Iraq is facing a very difficult economic phase, attributing this to the widening budget deficit, low revenues, and the failure to find alternatives to oil to finance the country's economy.

Al-Karawi told the Iraqi National News Agency ( NINA 😞 "Following the economic crisis that occurred in the region due to the Iran-US war and the previous Iraqi government's inability to find solutions for oil exports, the budget deficit and low revenues have widened due to the failure to find alternatives to oil by increasing non-oil revenues."

The Finance Committee member emphasized: "The coming period will be very difficult due to the lack of non-oil funding sources, as non-oil revenues constitute only 10% of total revenues. This will significantly impact the revenue generated and its direct dependence on external regional conditions."

He explained: "The continuation of this situation will greatly affect the provision of services and the implementation of investment projects due to the lack of financial liquidity."

He expressed his hope that the new government would find real solutions to build a strong domestic economy and establish systems to effectively manage non-oil revenues, significantly reducing dependence on oil. /End 8. https://ninanews.com/Website/News/Details?key=1295740

Between An "Army Of Employees" And A Million Graduates... The Iraqi Economy Teeters On The Brink - Urgent

 Baghdad Today – Baghdad   At a time when concerns are rising about the future of the labor market in Iraq, attention is turning to a cumulative economic crisis that is threatening the state’s ability to continue its open government employment policy, amid warnings of a wave of unemployment that could worsen with the increasing number of university graduates in the coming years.

In this context, economist Raad Al-Masoudi warns that government departments are no longer able to absorb more employees within state institutions, stressing that the output of Iraqi universities will approach the one million graduate mark within a few years, a number that exceeds the capacity of the government sector to accommodate.

Al-Masoudi told Baghdad Today on Saturday (May 16, 2026) that the employment policy that expanded after 2003 has, over time, turned into a tool used by some political forces to gain popular support by opening the doors of appointments during election seasons, instead of adopting the criteria of the actual needs of institutions.

He added that the inflated number of employees has created a state of “disguised unemployment” within many government departments, at a time when other ministries and institutions are suffering from a real shortage of specialists, which has led to a clear imbalance in the structure of the state’s administrative apparatus.

He pointed out that the salaries file now consumes the largest part of the operational expenses of the general budget, noting that oil revenues are barely sufficient to cover salaries, given that the Iraqi economy depends almost entirely on crude oil exports.

Al-Masoudi stressed that the current stage requires “deep economic surgery”, starting with rebuilding the private sector and opening the doors to real investment, in addition to supporting the stalled sectors, especially industry and agriculture, in order to create sustainable job opportunities for young people away from temporary government appointments.

He called for the adoption of a comprehensive national strategy to address economic imbalances, warning that continuing the current approach would put the country in front of more serious challenges, especially with regional turmoil and oil market fluctuations, which could affect Iraq’s ability to secure its basic revenues in the future.

After 2003, Iraq witnessed an unprecedented expansion in government employment, as state institutions became the largest refuge for job seekers, in light of the weakness of the private sector and the decline of productive sectors.

With the increasing number of graduates annually and the country's reliance on oil as a primary source of revenue, warnings have begun to escalate about the dangers of continuing this economic model, which consumes most of the state's resources in salaries and operating expenses, while investment and real production remain limited.

https://baghdadtoday.news/299369-.html

Some Iraq News Posted by Tishwash at TNT 5-18-2026

TNT:

Tishwash:  Parliament is moving to avoid a "paralysis" scenario and aims to finalize the oil, gas, and telecommunications laws.

MP Hussein Ali announced on Monday a serious parliamentary determination to avoid a repeat of the scenario that disrupted parliamentary sessions in the previous session. He emphasized that the House of Representatives has successfully completed the reading and passage of 16 laws so far, focusing on strategic legislation related to oil and communications.

Ali told Al-Maalouma, "The House of Representatives is working intensively to activate its legislative role and avoid the obstacles and political gridlock that led to the disruption of sessions in the past." He explained that "Parliament is moving steadily to compensate for previous delays."

He added that "the House has so far managed to complete the reading and proceed with the legal procedures for 16 diverse laws affecting various sectors," noting that "parliamentary focus is currently on resolving contentious laws that have been stalled for years."

Ali continued, "There is a concerted parliamentary effort to pass the postponed oil and gas law, the communications and information technology law, as well as a package of other laws that are of paramount importance in regulating the country's economic resources and infrastructure."  link

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Tishwash:  Calls to expedite the submission of the budget to the House of Representatives and warnings against delaying its approval

Member of Parliament Ahlam al-Kaka'i warned of the repercussions of the continued delay in approving the general budget, explaining that its absence has halted numerous projects and directly impacted public services and development plans. In a statement to the official newspaper, al-Kaka'i added that "Parliament extended its recess due to the government formation process before subsequently entering its legislative recess, which could lead to further delays in approving the budget if there is no political will to expedite its resolution."

She emphasized that "the continued delay in the budget will affect the launch of new projects and the completion of stalled projects, in addition to disrupting the financial obligations of government institutions," stressing the need to expedite the submission of the draft budget to Parliament for discussion and approval.  link

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Tishwash:  The Governor of the Central Bank of Iraq chairs a meeting with electronic payment companies. 

The Central Bank of Iraq held an expanded meeting at its headquarters in Baghdad, chaired by the Governor, Mr. Ali Mohsen Al-Alaq, and attended by directors of relevant departments within the bank, as well as the authorized managers of licensed electronic payment service providers in Iraq.

The meeting focused on discussing the most prominent challenges and observations related to the operations of these companies, and reviewing mechanisms for developing the services they provide to enhance the efficiency of the financial and banking sector and support the comprehensive digital transformation in the country.

The meeting included a comprehensive review of technical, administrative, and regulatory observations pertaining to the work of electronic payment companies. 

Participants exchanged views on the companies' future plans aimed at improving financial services, with a focus on strengthening compliance and full adherence to the regulations and instructions adopted by the Central Bank. They also discussed upgrading the infrastructure and developing the technical and regulatory systems of payment companies in line with best practices and international standards.

The discussions expanded to include the development of innovative solutions and initiatives aimed at improving the electronic payment environment in Iraq. Participants focused on enhancing the security, efficiency, and reliability of digital financial services to meet citizens' aspirations and support the government's efforts to promote financial inclusion and a smooth transition to a digital economy.

This meeting is part of the Central Bank of Iraq's ongoing efforts to regulate and develop the financial technology sector and ensure the provision of secure and innovative digital services that support financial stability in the country.

Baghdad - (Media Office)
May 17, 2026  link

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Tishwash:  Al-Zaidi chairs the first meeting of the Financial Stability Board

Prime Minister Ali Faleh al-Zaidi chaired the first meeting of the Financial Stability Council on Saturday and issued a series of directives.

A statement from the Prime Minister's Media Office indicated that "al-Zaidi chaired the first meeting of the Financial Stability Council, which was established under the ministerial program, and which included the Minister of Finance and the Governor of the Central Bank of Iraq."

Al-Zaidi emphasized "the importance of achieving financial stability, given its developmental and economic impacts," noting "the necessity of close coordination between the Central Bank and the Ministry of Finance, and the need to make financial decisions that support stability, which will positively impact government development, service, and economic plans."  link

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Tishwash:  Financial stability is the cornerstone of the government's launch.

In a rapid and remarkable pace, the new government, led by Prime Minister Ali Faleh al-Zaidi, began outlining its executive actions from the first hours of officially assuming his duties. Only a few hours passed before the first cabinet meeting was held, and a set of directives was issued that reflected the orientations of his government program, before one of its most prominent axes was quickly translated through the establishment of the "Financial Stability Council" as a foundational step in the path of economic reform.

On Saturday, Al-Zaidi chaired the first meeting of the "Financial Stability Council," in the presence of the Minister of Finance and the Governor of the Central Bank of Iraq, as part of an initiative aimed at strengthening coordination between fiscal and monetary policies.

During the meeting, Al-Zaydi stressed the importance of achieving financial stability, emphasizing the need to raise the level of coordination between the Central Bank and the Ministry of Finance, and to make consistent decisions that support general stability, which will positively impact the government’s development, service and economic plans.

In the same context, the new government, on its first official working day after gaining the confidence of Parliament, began to outline its executive and political program, with a clear focus on economic reform, combating corruption, improving services, and activating digital transformation.

The Prime Minister stressed, according to a statement from his media office, that the Ministry of Oil should not be limited to selling crude oil, but should transform into an economic institution with added value through developing the oil industry and increasing production and exports.

In the energy sector, Al-Zaydi directed the Ministry of Electricity to prepare two plans, one urgent to address the current summer crisis, and another long-term plan to develop the electrical grid and infrastructure.

He also instructed the Ministry of Foreign Affairs to prepare working papers to reactivate Iraqi relations with the Arab and international communities, in order to strengthen Iraq’s political and diplomatic presence.

In the health sector, he stressed the need to activate the health insurance law, while calling on the Ministry of Transport to proceed with the "Development Road" project to support the national economy and link Iraq to global trade chains.

The directives included obligating ministers to disclose their financial assets within a week, and not to make structural changes within ministries at the present time.

Al-Zaydi also stressed the importance of enabling the House of Representatives to perform its oversight and legislative role, and of strengthening cooperation with parliamentary committees.

In the fight against corruption, the Prime Minister called for giving this file the highest priority, with full cooperation with the Federal Integrity Commission, and working to recover smuggled funds, stressing the need to keep official institutions away from political and factional rivalries.   link

News, Rumors and Opinions Monday 5-18-2026

Majeed KSA: What Iraq has Already Achieved

5-18-2026

You must read this

Here is how the banking reform is done in Iraq.

What Iraq has already achieved.

Over the last decade, Iraq moved from an almost entirely cash-based and loosely controlled banking environment toward a more internationally supervised system.

Major progress includes:

• Electronic payment expansion
• Salary localization into bank accounts
• Stronger AML/CFT (anti-money laundering) rules
• Integration with SWIFT/global payment systems
• Restrictions on c*****t dollar transfers
• Bank audits and restructuring
• Financial inclusion growth
• ATM and bank card expansion
• Preparation for digital banking and possibly a digital dinar

The biggest turning point came after the U.S. Federal Reserve and Treasury forced Iraq to tighten dollar-transfer controls beginning around 2022–2023. That pressure effectively forced Iraq to modernize its banking oversight.

In 2025–2026, the Central Bank of Iraq launched what it openly called a “comprehensive reform project” with consulting firm Oliver Wyman.

That is one of the clearest signs that Iraq has moved from talking about reform to actually restructuring the banking sector.

The key point is this:

Iraq is no longer in the “planning only” phase.

It is now in the implementation and enforcement phase of reform. That is a major difference from most of the last decade.

Today CBI article May 17, 2026

The Central Bank of Iraq met with electronic payment companies to improve digital banking, strengthen regulations, modernize financial infrastructure, and enforce international compliance standards. The meeting shows Iraq is actively pushing toward a safer digital economy, stronger financial oversight, and broader banking reform implementation.

This article tells you:

This article suggests Iraq is now focused on:

• modernizing the payment infrastructure
• formalizing money movement
• tightening oversight
• reducing cash dependence,
• digitizing the economy and integrating into the global financial system.

That is exactly what a country in the implementation phase looks like.

So this article actually reinforces the earlier conclusion:

Iraq is no longer mainly discussing reform, it is actively restructuring parts of the banking system in real time.

Source(s):
• https://x.com/majeed66224499/status/2055656744429244470
• https://x.com/majeed66224499/status/2056112808434028707

See full post here:  https://dinarchronicles.com/2026/05/17/majeed-ksa-what-iraq-has-already-achieved/

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

Thom  Question: "Is there any information on the estimated price of IQD and VND?" I think IQD will be over $3.22 (likely over $4 imo), and VND will likely be a float (a very fast moving float when it goes). My opinions based and what I have researched.

Jeff   As long as the US Treasury has removed Iraq from their OFAC sanctions list then all the banks within the United States will start exchanging the dinar.  IMO when Iraq revalues the US Treasury will remove Iraq from the OFAC sanctions list at the same time.

Boot-On-The-Ground Guru Omar  On the television we have our prime minister Zaidi.  He said we're going to start the next phase.  We will see the launch of a "comprehensive economic and financial reform program" that will strengthen our national partnership and focus on improving services and fighting corruption...He said financial reforms can lead to giving the dinar more real value.  But he said only if Iraq actually executes the deeper structural monetary reform behind the scenes...The type of reforms Zaidi is talking to us about are the same one that required before any currency can strengthen. 

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IQD News Update: Why the KWD Reinstated But the IQD Has Not

Edu Matrix:  5-18-2026

In this video, we explain one of the biggest misunderstandings in the IQD investment community. Many investors compare the Iraqi Dinar to what happened to Kuwait after the Gulf War, but the two situations are completely different.

The Kuwaiti Dinar was already internationally recognized and openly traded on global FOREX markets before Iraq invaded Kuwait in 1990.

After liberation, Kuwait’s banking system and currency simply returned to their previous internationally recognized value.

The Iraqi Dinar is different. The modern IQD was created after the 2003 war and has remained a heavily managed domestic currency controlled by the Central Bank of Iraq. Unlike the Kuwaiti Dinar, the IQD has never freely traded on the open international FOREX market.

In this video we discuss:

• Why Kuwait’s currency recovered

• What “reinstatement” really means

• Why the IQD is considered a closed currency

• The role of the Central Bank of Iraq

• Why there is no true global market price for the IQD

• The difference between speculation and international currency trading

This video is for educational and informational purposes only.

https://www.youtube.com/watch?v=W0oK4BkPsII

Seeds of Wisdom RV and Economics Updates Monday Morning 5-18-26

Good Morning Dinar Recaps,

G7 Faces Financial Fragmentation as Bond Turmoil and Syria’s Reentry Signal a Changing Global Order

Rising debt pressures, geopolitical instability, and post-conflict economic reintegration are reshaping the structure of global finance

The G7’s latest financial meetings in Paris revealed growing concern over bond market instability, inflation risks, and the increasing overlap between geopolitics and economic governance.

 OVERVIEW (KEY POINTS)

Finance ministers and central bank officials from the G7 gathered in Paris amid mounting concerns over global bond market volatility, inflation pressure, and widening structural economic imbalances.

At the same time, Syria’s participation in closed-door financial discussions marked a significant geopolitical development, signaling a potential shift toward economic reintegration and reconstruction diplomacy after years of isolation.

The meetings highlighted how global finance is becoming increasingly influenced by geopolitical tensions, energy security concerns, and supply chain competition rather than traditional market fundamentals alone.

Together, these developments point toward a broader transition into a more fragmented and politically managed global financial system — a major theme within the evolving global reset landscape.

KEY DEVELOPMENTS

1. G7 Finance Chiefs Address Bond Market Instability

Global sovereign debt markets remain under pressure.

• Bond yields surged across major economies including the U.S., Europe, and Japan

• Investors fear higher energy prices could keep interest rates elevated longer

• Officials expressed concern about fiscal sustainability and debt sensitivity

2. Inflation Risks Linked to Energy Disruptions

Geopolitical instability is feeding market anxiety.

• Ongoing Iran-related tensions continue pressuring global energy markets

• Rising oil and shipping costs threaten to prolong inflation globally

• Central banks may face difficulty easing monetary policy under current conditions

3. Syria Quietly Reenters Global Financial Discussions

A major geopolitical signal emerged in Paris.

• Syria joined a closed-door session with G7 finance officials

• Discussions focused on economic reconstruction and financial reintegration

• The move suggests growing international interest in regional stabilization efforts

4. Critical Minerals and Supply Chains Become Strategic Priorities

Economic security is increasingly tied to industrial policy.

• G7 nations discussed reducing dependence on dominant suppliers like China

• Coordinated investment and procurement strategies are under consideration

• Rare earths and energy-transition minerals are now viewed as strategic financial assets

5. Structural Imbalances Continue to Threaten Stability

Officials warned that deeper economic distortions are growing.

• Consumption and investment patterns remain uneven globally

• Trade and capital flow imbalances continue widening

• Policymakers fear future market corrections if coordination fails

WHY IT MATTERS

The Paris meetings revealed that financial instability is no longer viewed as purely economic — it is increasingly tied to geopolitics, energy security, and strategic competition.

Rising bond yields, inflation fears, and debt pressures are exposing vulnerabilities within highly leveraged economies, particularly as governments continue managing elevated spending levels.

At the same time, Syria’s participation demonstrates how reconstruction and financial reintegration are becoming tools of geopolitical strategy, where access to banking systems and investment flows can shape regional power dynamics.

This reflects a broader transformation in global governance, where economic coordination is increasingly driven by security concerns and supply chain resilience rather than traditional globalization models.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Bond market instability could increase global currency volatility

• Persistent inflation may weaken purchasing power across major economies

• Commodity-producing nations could gain strategic leverage

• Reserve diversification into gold and alternative assets may continue accelerating

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Financial Governance Becomes More Geopolitical

Economic policy is increasingly tied to security strategy, energy access, and geopolitical alignment rather than free-market coordination alone.

• Pillar 2: Reconstruction and Resource Control Reshape Global Influence

Post-conflict recovery, critical minerals, and supply chain control are becoming central pillars in the next phase of global economic competition.

 CONCLUSION

The G7 meetings in Paris underscored how rapidly the financial landscape is changing.

Bond market stress, inflation risks, energy disruptions, and geopolitical realignment are converging into a more fragmented and strategically managed global system.

Meanwhile, Syria’s gradual return to international financial discussions signals that reconstruction and economic normalization are now part of broader geopolitical negotiations among major powers.

The global economy is no longer moving toward deeper integration alone — it is increasingly being reorganized around resilience, strategic influence, and controlled economic blocs.

What emerges next may not resemble the old globalized system, but a new financial order shaped by security, supply chains, and geopolitical leverage.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — "G7 Finance Chiefs Confront Bond Market Turmoil and Global Economic Imbalances"

• Modern Diplomacy — "Syria Joins G7 Finance Talks in Paris as Global Powers Signal Shift on Reconstruction"

~~~~~~~~~~ 

 🌱 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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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Monday Morning 5-18-26

The Government Affirms Its Commitment To Restricting Weapons To The State And Keeping Iraq Out Of Regional Conflicts

latest news  Sunday,Baghdad – One News    5/17/2026 The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu’man, confirmed that the first strategic pillar in the ministerial program is the strengthening of national security, through a firm commitment to restricting weapons to the state and enforcing the rule of law. 

Al-Nu’man told the Iraqi News Agency that this approach represents a fundamental step towards ending armed manifestations outside the legal framework and securing the internal stability necessary to protect the sovereignty of the state and ensure its security. 

He added that the ministerial program approved a strict regulatory procedure to address the dispersal of resources and prevent overlapping powers, by unifying the security decision and linking all resources and capabilities to the official state system, in order to ensure that all armed formations are subject to the authority of the General Command and the unified security decision. 

Al-Nu’man pointed out that the curriculum adopts a modern vision to enhance operational security, through the development of border monitoring systems according to modern technologies, and linking them to an intelligence effort to combat terrorism and organized crime and dry up its sources of funding. 

He stressed that the right choice for Iraq is to stay away from the axes of regional and international conflict, and not to allow Iraq to be a passage or launching pad for attacks on other countries, or an arena for interference in its internal affairs, in order to protect internal stability from the repercussions of regional crises.  https://1news-iq.net/الحكومة-تؤكد-حصر-السلاح-بيد-الدولة-وإب/

Unannounced Contacts To Integrate Forces That Have Expressed Their Willingness To Lay Down Arms And Engage Politically

latest news  Sunday,  May 17, 2026   Baghdad – One News  The newspaper “Al-Sharq Al-Awsat” indicated that unannounced contacts and talks are currently taking place between political parties close to the government and the American administration, with the aim of reaching understandings that would allow the participation of some forces that have announced their abandonment of their armed wings, while maintaining their presence within the formations of the “Popular Mobilization Forces”. 

In the same context, the sources confirmed that the government intends to quickly begin practical steps to restrict weapons to the hands of the state, including the factions that still declare positions rejecting the American presence, most notably the Kataib Hezbollah and Harakat al-Nujaba, which had previously announced their refusal to disarm according to the government program proposed by al-Zaidi. https://1news-iq.net/الشرق-الأوسط-اتصالات-غير-معلنة-لدمج-قو/

Iraq Requests Financial Support From The International Monetary Fund

An economist revealed a source close to the International Monetary Fund Iraqi officials contacted the fund for financial assistance in the aftermath of the ongoing war in the Middle East.

And it was reported Asharq Al-Awsat newspaper The source said that "initial talks took place last month during the spring meetings of the IMF and the World Bank in Washington He noted that "discussions are ongoing regarding the amount of funding he wants."Iraq and how to structure any loan"According to Reuters

The war that erupted on February 28th sent shockwaves throughout the Middle East, causing widespread damage to infrastructure and economies.

Iraq was particularly hard hit, as the majority of its oil exports, which accounted for almost all of the government's revenue, were halted due to the blockade.Strait of Hormuz Previously, about 20 percent of the world's crude oil supply passed through it.  https://www.alsumaria.tv/news/economy/564072/العراق-يطلب-دعماً-مالياً-من-صندوق-النقد-الدولي

The International Monetary Fund Comments On Reports That Iraq Has Requested Financial Assistance.

Money and Business   Economy News — Baghdad   The International Monetary Fund said it continues to discuss the possibility of providing financial support to countries affected by rising energy and commodity prices due to the war in the Middle East, without confirming reports that Iraq had requested financial assistance.

Reuters quoted the IMF spokeswoman, Julie Kozak, as saying during a press conference that the Fund continues to discuss potential financial assistance for member countries suffering from high energy and commodity costs, but she did not provide details on specific countries, and declined to comment on a report that Iraq had requested financial support.

Kozak added that a number of countries are asking the Fund for support in the area of ​​economic policies and advice on how to respond to economic shocks according to the circumstances of each country.

Media reports had indicated that Iraq had requested financial assistance from the Fund as a result of the repercussions of the war in the Middle East and rising energy prices, at a time when the Fund’s Managing Director, Kristalina Georgieva, had previously indicated that about 12 countries might need financial support ranging between $20 billion and $50 billion.

https://www.economy-news.net/content.php?id=69157

Iraq Is Expected To Achieve A Trade Surplus Of $24 Billion In 2025.

Money and Business    Economy News – Baghdad   Data released by the Central Bank of Iraq on Monday showed that Iraq achieved a trade surplus of approximately $24.686 billion during 2025, driven by a higher value of exports compared to imports.

According to foreign trade data calculated on an FOB basis, total Iraqi exports during the year amounted to approximately $90.427.7 billion, compared to imports of $65.741.7 billion.

She added that exports were distributed as follows: $24.112.3 billion in the first quarter, $23.285.6 billion in the second quarter, $21.414.3 billion in the third quarter, before rising slightly to $21.615.5 billion in the fourth quarter.

In contrast, imports totaled $18.158.6 billion in the first quarter, $15.993.1 billion in the second quarter, and $16.102.0 billion in the third quarter, before declining to $15.488.0 billion in the fourth quarter, according to the data.

The data indicated that Iraqi exports exceeded imports in all quarters of the year, which reinforced the continued recording of a trade surplus.

The data was based on Free On Board, a system that calculates the value of goods when loaded onto the means of transport in the exporting country, without including shipping and insurance costs.https://www.economy-news.net/content.php?id=69218

Gold Prices Remain Stable In Baghdad Markets

Money and Business    Economy News – Baghdad  On Monday, the prices of Iraqi and foreign gold remained stable in the local markets of Baghdad at less than one million dinars per mithqal.

The selling price of one mithqal of 21-karat gold from the Gulf, Turkey, and Europe reached 982,000 dinars in the wholesale markets on Al-Nahr Street in Baghdad, while the buying price reached 978,000 dinars, which are the same prices that were recorded yesterday, Sunday.

One mithqal of 21-karat Iraqi gold was recorded at 952,000 dinars, while the purchase price reached 948,000 dinars.

In goldsmith shops, the selling price of a mithqal of 21-karat Gulf gold ranged between 985,000 dinars and 995,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 955,000 dinars and 965,000 dinars.

https://www.economy-news.net/content.php?id=69214

Fars News Agency: Tehran has the right to declare its sovereignty over the internet cables in the Strait.

Arabic and international   Economy News - Follow-up   The Iranian news agency Fars reported, in a report titled "A $10 Trillion Treasure at the Bottom of the Strait of Hormuz," that all fiber optic cables at the bottom of the strait will be under absolute Iranian sovereignty.

The report stated that after Iran regained full control of the Strait of Hormuz in execution of its sovereign rights in its territorial waters, a new legal and technical question arises: the extent to which Iran has the legitimacy to impose its sovereignty over the fiber optic cables that pass through the bottom and under the surface of this vital passage.

According to Fars News Agency, the 1982 United Nations Convention on the Law of the Sea grants Iran full sovereignty over the seabed and subsoil within 12 nautical miles of its coast. Given that the Strait of Hormuz is only 21 nautical miles wide, its entire waters, seabed, and airspace fall within the territorial waters of Iran and Oman.

There is not a single centimeter of free water or exclusive economic zone within the Strait of Hormuz. Therefore, Iran's legal team argues that the fixed cables running along the seabed of the Strait of Hormuz do not fall under the concept of "transit passage" for ships and aircraft, but rather constitute permanent use of the seabed subject to Iranian permits and oversight.

According to this interpretation, every kilometer of international internet cables (Google, Microsoft, Amazon, Meta, and others) laid on the seabed of the Strait of Hormuz would require Iranian authorization, becoming subject to technical and security oversight and the payment of sovereign fees, similar to how other countries handle technology infrastructure crossing their territories.

Furthermore, Iranian legal approaches encourage consideration of additional fees for services such as navigational safety, marine environmental protection, and linking foreign maintenance companies with local workers under Iranian sovereignty.

In practical terms, the analysis published by the Fars News Agency in its report entitled: “A $10 Trillion Treasureat the Bottom of the Strait of Hormuz” indicates that Iran, as the coastal state that manages the Strait of Hormuz, can treat the submarine cables as it treats any property that touches its sovereignty, and turn this digital infrastructure into a strategic tool for economic and international negotiation, while emphasizing that any continuation of the operation of these cables requires the approval of the Iranian government and the signing of cooperation and maintenance agreements within the rules of its regulation.

https://www.economy-news.net/content.php?id=69220

Rob Cunningham: Our World will Soon See Changes

Rob Cunningham: Our World will Soon See Changes

5-17-2026

Central Bank Death 101

Our world soon changes like this:

Taxation stops feeding debt machinery.
Labor, gains, and productive energy no longer get harvested primarily to service interest on money created by middlemen.

Money becomes measurement again.
Currency shifts from manipulated debt instruments toward honest weights and measures: scarce, auditable, rules-based, redeemable, or transparently issued.

Sovereignty returns to nations and people.
Governments no longer rent their monetary authority from private banking structures. Citizens no longer live under hidden tribute systems disguised as public finance.

Inflation loses its primary engine.
If money is no longer endlessly loaned into existence with compounding interest, purchasing power stops being quietly siphoned through currency debasement.

Productive work is rewarded more honestly.
Labor, savings, entrepreneurship, farming, building, invention, and risk-taking gain value relative to financial engineering.

Wars become harder to finance.
Without debt-note expansion and central-bank credit creation, governments must directly justify spending to the people instead of hiding costs through inflation and borrowing.

Markets become less rigged.
Capital allocation shifts away from privileged insiders closest to the money spigot and toward real utility, real collateral, real productivity, and real demand.

Real assets regain moral gravity.
Gold, land, energy, food, infrastructure, productive companies, and verifiable digital settlement networks become more important than paper claims and synthetic leverage.

Public ledgers matter more.
Transparent settlement systems, atomic exchange, cryptographic proof, and neutral interoperability become civilization-grade tools because they reduce the need for trusted middlemen.

Humanity exits monetary adolescence.
The spell breaks: people recognize that money is not supposed to be a control weapon. It is supposed to be a truthful coordination tool.

Bottom line:

When middleman central bankers no longer sit between human labor and human value, the world moves from debt-based control toward truth-based exchange.

From extraction to stewardship.
From hidden tribute to visible accounting.
From artificial scarcity to lawful abundance.
From financial priesthoods to sovereign participation.

Source(s):
• https://x.com/KuwlShow/status/2055824914200867161

https://dinarchronicles.com/2026/05/16/rob-cunningham-our-world-will-soon-see-changes/

Gold Telegraph: The Golden Tides are Turning

Gold Telegraph: The Golden Tides are Turning

5-17-2026

BREAKING NEWS: THE RESERVE BANK OF INDIA HAS REPATRIATED NEARLY 77% OF ITS GOLD RESERVES BY THE END OF MARCH 2026

Gold continues to head home.

“The central bank has already repatriated a large portion of its gold. This action follows global events that raised concerns about storing sovereign assets abroad…”

Source: https://economictimes.indiatimes.com/news/economy/finance/rbi-accelerates-gold-repatriation-as-global-trust-wanes/articleshow/130641370.cms

Turkish central bank increased its gold reserves by 36.4 tonnes in two weeks. Rebuilding…

The legendary Jeffrey Gundlach is repositioning some of his funds in anticipation of the possibility that the US government could restructure its debt. Some big signals are playing out right now. This debt spiral is a massive problem.

Global debt hits record… $353 trillion. Congratulations.

BREAKING NEWS: HONG KONG IS MOVING TO REVIVE GOLD FUTURES TRADING AS CHINA’S HUNGER FOR PHYSICAL GOLD CONTINUES TO GROW.

Things continue to evolve…

“City aims to broaden gold offerings and expand clearing and storage facilities to seize opportunities in the surging market…”

Source: https://www.scmp.com/business/banking-finance/article/3352800/gold-futures-set-hong-kong-comeback-mainland-chinas-appetite-metal-grows

China’s central bank has now purchased gold for 18 consecutive months. They continue to add. The foundation of the global economy is still being built.

BREAKING NEWS: THE PRESIDENT OF THE UNITED STATES SAYS HE STILL WANTED TO EXAMINE THE U.S. GOLD RESERVES AT FORT KNOX

Here we go…

Gold Telegraph:  The last time gold reserves in the United States were meaningfully audited? 1953. Judy Shelton says an audit today would be: “Both symbolic… and necessary.” Why? Because trust is breaking. • Americans questioning if the gold is even there • No clarity on whether it’s been encumbered • Zero transparency in a system built on confidence She fully supports  @elonmusk

proposed live video walk-through of Fort Knox.  @judyshel

Watch on X::  https://twitter.com/i/status/2048038828049412580

You can watch the full film, here: https://youtube.com/watch?v=USGjSU

https://www.youtube.com/watch?v=USGjSU5yXh8&t=331s

“He again speculated about the condition of the United States bullion depository…”

Source: https://www.forbes.com/sites/zacharyfolk/2026/05/10/trump-still-wants-fort-knox-review-to-see-if-the-gold-is-there/

And suddenly, the world is pay attention to Fort Knox again. End scene.

1971 was not just the end of a monetary system. It was the beginning of a global experiment built entirely on trust. And slowly, nation by nation, the world is searching again for a form of value that exists beyond politics and beyond promises. Why? Look at the world around you.

The dollar once made up more than 72% of global foreign exchange reserves. Now it sits near lows not seen since the 1990s. People act shocked by so-called “unfathomable” ideas being floated, but this is what is needed in historic moments. Change happens.

For the life of me, I will never understand why main stream media refuses to read the Clarity Act. It literally names gold as the commodity backing stablecoins. Something @judyshel and I discussed at length in the recent film. Things are in plain sight; you just have to look.

Here you go: https://congress.gov/bill/119th-congress/house-bill/3633/text

The United States Senate committee has advanced the Clarity Act.

Japan’s government bond yields are at RECORD highs. Just wild. This is quite the movie playing out…

Copper is now nearing its highest level in history. The glue that keeps the world together and moving forward… Everyone on this planet interacts with copper, regardless of whether you know it or not. Big moment.

Source(s):
• https://x.com/GoldTelegraph_/status/2050028685525455230

https://dinarchronicles.com/2026/05/16/gold-telegraph-the-golden-tides-are-turning/

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 5-17-26

Good Afternoon Dinar Recaps,

Post-Iran War Middle East: Regional Power Shifts Accelerate the Push Toward a New Global Order

The aftermath of the Iran war is reshaping energy markets, security alliances, nuclear policy, and financial influence across the Middle East and beyond

The 2026 Iran war may prove to be one of the most consequential geopolitical turning points in decades, with effects extending far beyond the battlefield into global finance, trade, and monetary stability.

OVERVIEW (KEY POINTS)

The Middle East is entering a new phase of uncertainty following the Iran war, with governments, investors, and global powers reassessing long-standing assumptions about security, energy flows, and regional stability.

What began as a military confrontation has evolved into a broader strategic realignment involving the United States, China, Israel, Iran, Gulf states, and emerging multipolar blocs.

One of the clearest outcomes is that the traditional regional order has been weakened, particularly regarding confidence in U.S. security guarantees and the stability of Gulf energy infrastructure.

The broader implication for the global financial system is substantial: energy security, reserve diversification, and geopolitical fragmentation are now accelerating simultaneously, increasing pressure on the existing international order.

KEY DEVELOPMENTS

1. Gulf Stability Narrative Has Been Severely Damaged

The war exposed vulnerabilities once considered manageable.

• Gulf energy infrastructure faced repeated strikes and disruptions

• Shipping, food imports, and industrial supply chains were impacted

• Investor confidence in long-term regional stability has weakened

2. China Emerged as a Critical Diplomatic Power

Beijing expanded its influence without direct military involvement.

• China played a growing role in diplomatic coordination with Iran

• Beijing strengthened its position as a key energy and mediation partner

• The conflict reinforced China’s influence in the emerging multipolar system

3. Nuclear Deterrence Calculations Are Changing

The conflict altered strategic thinking across multiple nations.

• Iran’s experience during negotiations may reshape future nuclear policy

• Saudi Arabia and other regional powers may reconsider deterrence strategies

• Global nonproliferation frameworks face increasing strain

4. Energy Markets Face Long-Term Structural Risk

The war highlighted the fragility of critical energy routes.

• Strait of Hormuz disruptions affected global oil and LNG flows

• Gulf states are reconsidering security and export strategies

• Energy markets remain highly vulnerable to future geopolitical escalation

5. U.S.-Middle East Relationships Are Entering a New Phase

Regional alliances are becoming more complex.

• Gulf states increasingly seek diversified strategic partnerships

• Questions are growing around long-term U.S. regional influence

• The Abraham Accords normalization momentum has slowed significantly

WHY IT MATTERS

This matters because the Middle East remains central to the global energy and financial system.

Any long-term instability involving Gulf infrastructure, shipping lanes, or regional alliances directly affects oil prices, inflation, trade flows, and central bank policy worldwide.

The conflict also accelerated broader geopolitical trends already underway, including de-dollarization efforts, reserve diversification, and the rise of competing power centers outside the traditional Western framework.

Markets are increasingly reacting not only to economic data but also to geopolitical fragmentation and strategic competition.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Energy disruptions can rapidly weaken importing nations’ currencies

• Gold and commodity-linked reserves may gain greater importance

• Currency volatility could rise during periods of geopolitical stress

• Nations may continue diversifying away from concentrated dollar exposure

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Multipolar Power Structures Accelerate

The war reinforced the emergence of multiple competing centers of influence, particularly involving China, BRICS nations, and regional energy blocs.

• Pillar 2: Energy Security and Financial Systems Converge

Control over energy routes, LNG infrastructure, and strategic commodities is becoming increasingly tied to reserve strategy, trade settlement, and global monetary influence.

CONCLUSION

The Iran war did not simply reshape regional politics — it exposed deeper structural weaknesses in the global system itself.

Energy security, alliance stability, reserve management, and geopolitical trust are now more interconnected than at any point in recent decades.

While the ceasefire may pause military escalation, the larger transformation is already underway, with nations recalculating how they secure trade, protect reserves, and position themselves in a rapidly changing world order.

The post-Iran war era may ultimately be remembered less for the battles that were fought and more for the global system changes that followed them.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — "After the Iran War: Seven Dynamics That Will Define the New Middle East"

• Reuters — "Global Markets Monitor Ongoing Gulf Energy and Security Risks"
  ‍      

~~~~~~~~~~

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Sunday Afternoon 5-17-26

The Leader Of The Shiite National Movement, Al-Sadr, Calls For Preserving The Country's Resources And Ensuring A Decent Life For The People By Meeting Their Needs

 latest news  Sunday, May 17, 2026  Baghdad – One News   The leader of the Shia National Movement, Muqtada al-Sadr, made a phone call to Prime Minister Ali al-Zaidi, congratulating him on the formation of the government and urging him to preserve the country's sovereignty and improve public services.

 Al-Sadr's media office stated that he urged al-Zaidi to stand firmly against corruption, protect the country's resources, and ensure a decent life for the Iraqi people by providing services, meeting their needs, and safeguarding their rights.

 https://1news-iq.net/زعيم-التيار-الوطني-الشيعي-يدعو-إلى-الح/

Al-Mada: Al-Sudani is working with his allies to form a second bloc within the framework supporting the government with approximately 170 seats

  latest news   Sunday,   May 17, 2026   Baghdad – One News    It appears that al-Sudani is trying to establish himself as the new leader within the Shiite community, following the decline of al-Maliki's influence, according to those close to him.

 Sources quoted by Al-Mada newspaper indicate that Al-Sudani is working with his allies to form a second bloc supporting the government, with about 170 seats, but it appears less cohesive so far, and has not settled on a clear political name.

 These developments came after the House of Representatives voted to grant confidence to only 14 ministers out of the 23 portfolios that the government is supposed to be formed from, while the decision on nine ministries was postponed, and the shares of the most prominent wings of the framework were absent from the new government, most notably Asaib Ahl al-Haq, which sources indicate has encountered an American veto, while it is trying to convince Washington to change its position.   https://1news-iq.net/المدى-السوداني-يعمل-مع-حلفائه-على-تشكي/

Iraq Cabinet Posts Distributed Unfairly, Al-Sudani’s Bloc Says

2026-05-17 / Shafaq News- Baghdad   The Reconstruction and Development parliamentary bloc, led by former Prime Minister Mohammed Shia Al-Sudani, on Sunday said Iraq’s new cabinet was formed through an unfair distribution of ministerial posts, despite the coalition winning the largest share of seats in the November 2025 elections with 46 lawmakers.

 According to the bloc, “some factions” –without specifying– received positions exceeding their parliamentary and political weight, while Reconstruction and Development did not secure representation matching its electoral standing. Despite its objections, the coalition did not obstruct the government’s formation out of “national responsibility” and concern for state stability.

  Reconstruction and Development Coalition 

stpndoSoretf67u78l20h1381hc2a8uc5lmith87lfh7fciu5h10200uml0c ·

 In an official statement...

The Reconstruction and Development Bloc congratulates the government on its formation and looks forward to it being an extension of the path of reconstruction, development and political stability.

The bloc affirms its commitment to working within the framework of coordination, adhering to the national path, and working with partners for a stable Iraq in which the aspirations of its people are realized.

Below is the text of the bloc's official statement:

Statement issued by:   Parliamentary Reconstruction and Development Bloc

The Reconstruction and Development Parliamentary Bloc congratulates the honorable Iraqi people on the formation of the new government, and looks forward to this government being an extension of the path of reconstruction, development and political stability, and achieving prosperity for our great Iraq.

Since its inception, the bloc has carried a political project based on prioritizing the supreme national interest, and during the government formation negotiations, it stressed the need for ministries to be run by capable and independent professional competencies, far removed from the quota system that burdened previous governments and weakened the performance of state institutions.

However, the outcome of the government formation negotiations revealed a clear imbalance in the distribution of ministerial posts. Some blocs received positions disproportionate to their actual parliamentary and popular weight, while the Reconstruction and Development bloc did not receive representation commensurate with its electoral and political size.

Nevertheless, the bloc did not obstruct the completion of the government formation, driven by its national responsibility and commitment to the stability of the state.

In light of these political factors, the voting session witnessed a clear divergence in the positions of a number of the bloc’s deputies towards some of the government cabinet ministries, a position stemming from respectable political and parliamentary convictions, and reflecting the nature of the responsible assessment of the government scene and its balances.

The bloc also affirms that its respected partners in the National Pact obtained their parliamentary representation in the Ministry of Agriculture, based on their political size of 11 parliamentary seats, in accordance with their political and constitutional convictions.

At the same time, the Reconstruction and Development bloc was keen to preserve the presence and entitlement of its respected partners in the Sumerians Movement, which has 5 parliamentary seats, within the parliamentary and political weight of the Reconstruction and Development bloc.

We express our full respect and appreciation to our aforementioned partners, and we value their great efforts during and after the election phase, and we wish them every success in any decision they make, and in any course of action they see as serving the national interest.

The Reconstruction and Development Bloc, in its commitment to the forces of the Coordination Framework, affirms its steadfast position of continuing within the project of the state and the nation, working and cooperating with the nation's partners for the sake of Iraq and the Iraqis, and consolidating its principles based on prioritizing supreme national interests, in accordance with its enduring motto:

Iraq first… always and forever.

The bloc will remain supportive of every step that promotes stability, reform and development, in a way that preserves the prestige of the state and protects the aspirations of the Iraqi people.

Parliamentary Reconstruction And Development Bloc

Baghdad — May 2026    The bloc added that it had pushed during coalition negotiations for ministries to be managed by “competent and independent” figures rather than through quota-sharing arrangements that had weakened previous governments and state institutions.

 Although the bloc revealed divisions during Thursday’s parliamentary confidence vote, with several lawmakers opposing specific ministries based on “political and parliamentary convictions,” it reaffirmed its commitment to the Shiite Coordination Framework, which holds around 162 seats in Iraq’s 329-member parliament and nominated Ali Al-Zaidi for prime minister.

 Earlier, the National Contract bloc led by Popular Mobilization Forces chief Faleh Al-Fayyadh and the Sumariyoun Movement headed by former Labor Minister Ahmed Al-Asadi announced their withdrawal from the Reconstruction and Development coalition, accusing the alliance of marginalization and exclusion.

However, the bloc said the National Contract alliance received representation through the Agriculture Ministry based on its 11 parliamentary seats, while the five-seat Sumariyoun movement remained represented within Reconstruction and Development’s broader parliamentary coalition.

Parliament approved 14 ministers in Al-Zaidi’s cabinet on Thursday, while votes on nine key portfolios were postponed until after the Islamic holiday Eid Al-Adha following political disputes and US warnings against including armed factions in the new government. 

Read more: Ali Al-Zaidi sworn in as Iraq's prime minister with a program already failed

 https://www.shafaq.com/en/Iraq/Iraq-cabinet-posts-distributed-unfairly-Al-Sudani-s-bloc-says

Former MP Files Conflict-Of-Interest Complaint Against Iraqi PM, Electricity Minister

2026-05-17 Shafaq News- Baghdad    Former Iraqi lawmaker Raed al-Maliki on Sunday filed a formal complaint accusing Prime Minister Ali al-Zaidi and Electricity Minister Ali Saadi Wahib of conflicts of interest linked to ongoing business dealings and financial claims involving state institutions.

 The complaint was submitted to the Integrity Commission’s (CoI) Department of Prevention and the Public Prosecution Service, with copies sent to parliament’s Integrity and Legal committees, according to a statement by al-Maliki. He called on the relevant authorities to compel both officials to disclose their financial interests and remove the alleged conflicts.

 According to al-Maliki, Article 20/Second of Iraq’s CoI and Illicit Gains Law No. 30 of 2011, as amended, requires officials in such cases either to relinquish those interests or leave office within 90 days.

 The media offices of the prime minister and the electricity minister offered no official statement regarding the allegations.

 On May 5, Iraq's Federal Supreme Court registered the first legal challenge to the constitutional validity of al-Zaidi's designation as prime minister-designate. The case was also filed by al-Maliki, acting in his capacity as a private citizen and independent political figure.

  د. رائد المالكي / نائب مستقل 

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Today morning, Sunday 17 / 5 We made an official report to the Integrity Authority / the Department of Defense and the Public Prosecution, and we felt all of:

- Representative Integrity Committee

- The Parliamentary Legal Committee

Regarding the conflict of interests of the Prime Minister (Ali Al-Zaidi) and the Minister of Electricity (Ali Saadi Wahib) for having ongoing contracts with the government and ministries and debts against them, which constitutes a conflict of interests prohibited by law.

We asked for legal action to be taken by the Mouma obligation to disclose the interests they have with the government and eliminate the conflict, in accordance with the Integrity and Illegal Profit Authority Act No. 30 of 2011 the rate (20/second), it must: either waive these interests, or resign the position within 90 days.

https://www.shafaq.com/en/Iraq/Former-MP-files-conflict-of-interest-complaint-against-Iraqi-PM-Electricity-Minister

The Minister Of Finance Chairs A Meeting Of Directors General And Emphasizes: The Current Phase Requires Exceptional Action.

 Baghdad Today - Baghdad:   Finance Minister Faleh Sari chaired a meeting of general managers on Sunday (May 17, 2026) and stressed: The current stage requires exceptional work.

The Ministry of Finance stated in a statement received by “Baghdad Today” that “Following the commencement of his duties, the Minister of Finance, Faleh Sari, chaired today an expanded meeting that included the Directors General in the Ministry’s headquarters and its affiliated formations, to discuss the priorities of the next stage and mechanisms to enhance financial and administrative performance.”

The minister stressed, according to the statement, that "the current situation requires exceptional work, highly efficient management, and financial discipline," emphasizing "the importance of unifying efforts and working as a team to confront the current economic and financial challenges."

Sari called for "maximizing public revenues in the ministry's affiliated bodies and departments, in order to contribute to fulfilling the state's financial obligations, in light of the challenges related to energy markets and the decline in the country's oil exports to unprecedented levels."

The minister stressed the need to "adopt clear time limits for completing files," emphasizing that "the current stage requires officials who have the ability to diagnose problems and provide practical solutions, and that the standard for a manager's success or failure will be achievement and taking responsibility." https://baghdadtoday.news/299420-.html

Bessent Sees Substantial Disinflation, Federal Victory Note, Gold-backed Currency?

Bessent Sees Substantial Disinflation, Federal Victory Note, Gold-backed Currency?

And We Know Official: 5-17-2026

The global economic landscape is currently undergoing a period of significant transformation, leaving many investors searching for clarity amidst shifting policies and market volatility.

In a recent, in-depth discussion featuring Dr. Kirk Elliott, the conversation dives deep into the complexities of the current U.S. economic climate, exploring the intersection of monetary policy, inflation, and the evolving role of physical assets in a modern portfolio.

A central point of the discussion is the critical examination of mainstream economic narratives versus the realities of current inflationary pressure. Dr. Elliott sheds light on the Federal Reserve’s strategies and the long-term impacts of increased money supply on the purchasing power of the dollar.

The dialogue highlights how historical norms—such as the dollar strengthening during geopolitical conflicts—are being challenged by unconventional monetary shifts, including the intricacies surrounding the Japanese yen carry trade and the ongoing efforts of global financial institutions to manage liquidity.

Perhaps most intriguing is the conversation surrounding a potential shift in how currency is structured.

 The video introduces the concept of a new gold-backed $100 bill, signaling a move toward tangible asset-backed money as a potential remedy for the devaluation often associated with fiat currency.

Coupled with the rise of stablecoins, these innovations point toward a future where the demand for the U.S. dollar is managed through new mechanisms designed to curb the necessity for constant currency printing, potentially offering a path toward greater economic stabilization.

Beyond the immediate financial metrics, the discussion expands into broader societal concerns. Dr. Elliott and the host explore the implications of centralized oversight, particularly regarding the role of artificial intelligence and global governance models.

These segments serve as a cautionary note on the importance of maintaining individual agency and economic autonomy in an era where power is increasingly consolidated. By looking at these systemic risks, the speakers encourage viewers to consider the importance of protecting their financial well-being through diversification.

For those looking to navigate these uncertain times, the conversation offers a pragmatic perspective on the role of precious metals. With silver showing noteworthy performance and gold continuing to serve as a traditional store of value, the discussion frames these assets as essential tools for those seeking to hedge against institutional instability.

By grounding one’s strategy in tangible resources, investors may find a measure of security against the ebb and flow of global market dynamics.

https://www.youtube.com/watch?v=GUd14q_8HYA

More Iraq News Posted by Tishwash at TNT 5-17-2026

TNT:

Tishwash:  The Iraqi dinar is under pressure from the financial crisis and fears of declining monetary cover.

Warnings are increasing about the repercussions of the financial crisis on the stability of the Iraqi dinar, with growing talk about the possibility of using part of the cash reserve to cover government expenses.

Economic expert Dr. Safwan Qusay confirmed the possibility of resorting to the cash reserves of the Central Bank of Iraq, given the existence of an amount exceeding $90 billion, while warning at the same time of the occurrence of inflation within Iraq.

Qusay said that “the Central Bank of Iraq’s reserves amount to $90 billion in addition to 170 tons of gold, and if borrowing from these reserves is relied upon, it is possible to continue with financial flexibility up to $60 billion.”

He added that “the $60 billion represents the value of the issued Iraqi dinar, but the dinar’s value falling below the aforementioned financial cover means allowing inflation to occur domestically.”

He explained that “the possibility of resorting to borrowing from the central bank’s reserves, or the occurrence of the aforementioned inflation, may happen six months after this May, as the government can secure salaries for this period of time.”  link

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Tishwash:  Zaidi formally assumes office, pledges economic reform and fight against corruption

Ali al-Zaidi officially assumed his duties Saturday as Iraq’s prime minister and commander-in-chief of the armed forces during a handover ceremony at the Government Palace in Baghdad attended by former Prime Minister Mohammed Shia al-Sudani.

In his first address to Iraqis after taking office, Zaidi outlined priorities including economic reform, anti-corruption measures and improvements to public services.

“I extend my sincere thanks and appreciation to the Council of Representatives for the national vote of confidence,” he said, also thanking Coordination Framework leaders and political parties involved in forming the government.

Zaidi said his administration would pursue “a comprehensive economic and financial reform program aimed at building a strong, diversified, and sustainable national economy that does not rely on a single resource,” focusing on industry, agriculture, tourism and investment. He pledged to combat corruption, describing it as “an obstacle to development and delays the progress of the state,” and said creating jobs for young people through development projects and private sector support would be among the government’s top priorities.

On services, Zaidi said “the file of services and infrastructure will no longer remain hostage to deferred promises,” committing his government to projects covering electricity, water, roads, sewage, transportation and housing. He also promised reforms in education and healthcare, including developing school curricula and improving hospitals across urban and rural areas.

Parliament approved 13 ministers Thursday during a session attended by 266 lawmakers. Several nominees failed to secure confidence, including those for planning, higher education, interior and construction and housing. Voting on defense, labor, migration and youth and sports ministries, along with deputy prime minister positions, was postponed.  link

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Tishwash: President Al-Zaidi: Economic reform, fighting corruption, and providing job opportunities are at the top of the government's priorities.

Prime Minister Ali Faleh al-Zaidi confirmed on Saturday that the next phase will witness the launch of a comprehensive economic and financial reform program, while stressing the need to protect public funds, fight corruption, and improve basic services in the country.

In a televised address to the Iraqi people on the occasion of his official assumption of duties as Prime Minister, Al-Zaydi said that he extends his sincere thanks and appreciation to the House of Representatives for granting him confidence, and he commended the role of the leaders of the Coordination Framework and the national political forces in the success of the government formation process.

He added that the next phase will be “a phase of genuine national partnership that transcends differences,” pledging to work to confront challenges with a spirit of responsibility and cooperation.

Al-Zaydi explained that his government will prioritize the implementation of an economic and financial reform program aimed at building a strong, diversified and sustainable national economy, based on revitalizing the industry, agriculture, tourism and investment sectors, in addition to supporting national energies and Iraqi competencies.

He indicated that the government will work “with all its might” to protect public funds and combat administrative and financial corruption in all its forms, considering it an obstacle to development and the progress of the state.

Regarding employment, the Prime Minister stressed that providing job opportunities for young people and reducing unemployment rates will be at the forefront of the government’s concerns, through launching productive and developmental projects, encouraging investment, and supporting the private sector.

He also stressed the importance of achieving social justice and ensuring the fair distribution of opportunities among citizens, away from favoritism and discrimination, in order to strengthen the principle of citizenship.

In the education and health sectors, Al-Zaydi announced plans to support education exceptionally by developing curricula and upgrading schools and universities, as well as improving medical and health services, developing hospitals and health centers, and providing treatment and medicine to all citizens.

He stressed that the services and infrastructure file will be “a field of work and achievement,” through the implementation of strategic projects to improve electricity, water, roads, sewage, transportation and housing.

He pointed out that his government would be “a government of institutions, law and justice,” working to consolidate security and stability, protect Iraq’s sovereignty and strengthen Arab, regional and international relations on the basis of mutual respect and common interests.

Al-Zaydi also expressed his gratitude to the supreme religious authority, praising its role in maintaining social peace, in addition to his appreciation for all religious and national institutions and symbols from the various components of the Iraqi people.

The Prime Minister concluded his speech by emphasizing that “the path of reform may be difficult, but it is not impossible when intentions are united and efforts are sincere,” stressing that Iraq deserves to rise up and achieve a dignified life for its people. link

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Tishwash:  A potential legal crisis: An expert comments on the government borrowing without an approved budget.

 On Saturday (May 16, 2026), economist Nabil Al-Marsoumi sparked controversy regarding the government's legal powers in the matter of borrowing in the absence of a federal budget.

Al-Marsoumi said, in a clarification on the Facebook platform followed by “Baghdad Today”, that “there is no text in the Financial Management Law No. 6 of 2019 that allows the government to borrow in the event that the federal budget law is not enacted, and Article 13 of the law only stipulates that: (In the event that the approval of the federal general budget is delayed until December 31 of the year preceding the year of preparing the budget, the Minister of Finance shall issue a circular according to the disbursement mechanism at a rate of (1/12) (one/twelve) or less of the total actual expenditures for current expenditures for the previous fiscal year, after excluding non-recurring expenditures, on a monthly basis until the federal general budget is approved).”

He added, “Looking back a little, we find that the collapse of oil prices during Al-Kadhimi’s time in 2020, and the inadequacy of public revenues to cover salaries, prompted Al-Kadhimi’s government to resort to Parliament to legislate a law that would allow it to borrow. The first was the Borrowing and Financial Deficit Treatment Law No. 5 of June 2020, in which the Minister of Finance was authorized to borrow locally and externally, not exceeding $5 billion for external borrowing, and 15 trillion dinars for internal borrowing.”

Al-Marsoumi continued, “The second borrowing law and the treatment of the financial deficit was issued on 11/12/2020, to secure the salaries of employees and retirees for the last months of 2020, with a value of 12.5 trillion dinars, after the state treasury reached a stage of being unable to pay salaries.”

He pointed out that “all the internal and external borrowing operations that the Sudanese government resorted to, which exceed 10 trillion dinars this year, lack the legal cover represented by the absence of a general budget in 2026, and the absence of any other law that allows it to borrow, and that any other borrowing operations that the Al-Zidi government will resort to, without the availability of legal cover, are also considered a legal violation and an overstepping of its powers specified in the Iraqi laws.”  link