Thank you to all the subscribers to our Early Access program…we thank you for your continued support.

We are excited to offer this new service to keep you informed and up-to-date on the latest Dinar and currency news.

Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Thursday Morning 5-21-26

Good Morning Dinar Recaps,

Trump Expands U.S. AI Export Strategy as Global Tech Competition Accelerates

Washington moves to finance global adoption of American artificial intelligence systems while deepening the technological rivalry with China.

Good Morning Dinar Recaps,

Trump Expands U.S. AI Export Strategy as Global Tech Competition Accelerates

Washington moves to finance global adoption of American artificial intelligence systems while deepening the technological rivalry with China.

 Overview

The United States is moving aggressively to strengthen its dominance in artificial intelligence through a new export financing initiative led by the Export Import Bank of the United States (EXIM). The proposal would provide loans, guarantees, and insurance support to foreign governments and businesses purchasing American AI technologies.

The initiative arrives during a period of intensifying geopolitical and economic competition between the United States and China, where control over AI infrastructure, semiconductor supply chains, and digital ecosystems is increasingly viewed as central to future global power.

Analysts say the move could reshape global technology alliances while accelerating the fragmentation of the international financial and technological order.

Key Developments

1. U.S. Launches Financial Push to Expand Global AI Dominance

The Trump administration is preparing a major financing framework designed to boost international purchases of American artificial intelligence systems and infrastructure.

Under the plan, EXIM would support overseas buyers through loan guarantees, export insurance, and long term financing packages, lowering barriers for countries seeking access to advanced U.S. AI technologies.

The strategy represents a significant shift toward state backed industrial policy, where financial tools are used to expand America’s technological footprint globally.

2. AI Becomes the New Strategic Battleground

The initiative highlights how artificial intelligence is rapidly becoming one of the most important geopolitical battlegrounds in the world economy.

The United States is attempting to strengthen adoption of its AI ecosystem while simultaneously restricting China’s access to advanced semiconductors and high performance computing technologies.

Meanwhile, Chinese firms continue advancing their own AI capabilities, including open source models and domestic chip production through companies such as Huawei.

This growing divide is creating what analysts describe as a two track global technology system increasingly separated into competing economic blocs.

3. Export Controls and Financing Are Now Working Together

Washington’s strategy no longer relies solely on sanctions and export restrictions.

Instead, the U.S. is pairing export controls with aggressive financing incentives to encourage allies and emerging economies to build around American standards, software, and infrastructure.

Sensitive technologies, including advanced chips produced by NVIDIA, would still require regulatory approval before financing support could proceed.

The policy reflects broader efforts to ensure that future digital infrastructure remains closely tied to U.S. technology platforms.

4. Global Supply Chains May Become More Politicized

The expansion of AI financing could deepen global economic realignment already underway across energy, trade, and manufacturing sectors.

Countries may increasingly face pressure to align with either American or Chinese technology ecosystems, especially in sectors tied to defense, telecommunications, banking, and data infrastructure.

Analysts warn this could accelerate the development of parallel financial and technological systems, similar to trends already emerging in global trade settlement and de-dollarization efforts.

Why It Matters

Artificial intelligence is no longer simply a technology race. It is becoming a foundation for future economic influence, military capability, financial systems, and geopolitical power.

The United States is now leveraging its financial system to secure long term AI influence worldwide, while China continues building alternative supply chains and domestic technological independence.

This competition could reshape:

  • Global investment flows

  • Semiconductor supply chains

  • International trade relationships

  • Digital currencies and payment systems

  • Future financial infrastructure

Why It Matters to Foreign Currency Holders

The growing AI rivalry between the United States and China adds another layer to the broader transition toward a multipolar global economy.

As nations compete over technology standards, digital infrastructure, and strategic supply chains, global financial fragmentation may accelerate. This could impact:

  • Currency stability

  • International trade settlement systems

  • Commodity pricing mechanisms

  • Capital allocation between East and West

The battle over AI leadership is increasingly tied to the future architecture of the global financial system itself.

Implications for the Global Reset

  • Pillar 1: Technology Is Becoming Financial Power

Artificial intelligence is emerging as a strategic asset similar to oil, rare earth minerals, or reserve currencies. Countries that dominate AI infrastructure could gain enormous leverage over global commerce and financial systems.

  • Pillar 2: Competing Economic Blocs Continue Forming

The United States and China are increasingly building separate ecosystems in technology, finance, trade, and supply chains. This fragmentation supports the broader shift toward a more divided and multipolar global order.

This is not just a technology race — it is the restructuring of global economic power in real time.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~ 

 🌱 A Message to Our Currency Holders🌱

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

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

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

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

That is not your failure.

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

Instead, we focus on:

• Verifiable developments • Institutional evidence

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

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Late Wednesday Evening 5-20-26

Qaani Informed The Leaders Of The Coordination Committee And Factions That Any Disarmament Or Restructuring Of The Popular Mobilization Forces Is A "Red Line" For Tehran

  Baghdad – One News    5/20/2026   Political sources revealed that Iranian General Qaani informed leaders in the coordination framework and armed factions during recent meetings he held in Baghdad that any step aimed at disarming the factions or restructuring the Popular Mobilization Forces represents a “red line” for the axis of resistance.

Qaani Informed The Leaders Of The Coordination Committee And Factions That Any Disarmament Or Restructuring Of The Popular Mobilization Forces Is A "Red Line" For Tehran

  Baghdad – One News    5/20/2026   Political sources revealed that Iranian General Qaani informed leaders in the coordination framework and armed factions during recent meetings he held in Baghdad that any step aimed at disarming the factions or restructuring the Popular Mobilization Forces represents a “red line” for the axis of resistance.

The sources said that Qaani stressed during those meetings the need to preserve the structure of the armed factions and not allow any measures that would diminish their influence within Iraq.

 In the same context, the sources indicated that US support for Iraqi Prime Minister Al-Zaidi came within a conditional approach aimed at reducing the influence of factions close to Iran, tightening control over their financial and economic networks, and imposing broader controls on their funding and activities within the country. https://1news-iq.net/مصادر-قاآني-أبلغ-قيادات-التنسيقي-والف/

Al-Zaydi Chairs The First National Security Meeting And Affirms Zero Tolerance For Any Threat To The Countries Of The Region

Baghdad – One News   5/20/2026    Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi chaired the first meeting of the National Security Ministerial Council on Wednesday, and stressed the continued efforts to raise the level of readiness and capabilities of all security agencies. 

The council stated, according to the Iraqi News Agency, that it renews its condemnation of the recent attacks targeting Saudi Arabia and the UAE, stressing the government’s rejection of the use of Iraqi territory or passage through its airspace to attack Arab and regional countries. 

The council decided to form a special committee to approach Saudi Arabia and the UAE and cooperate in the investigation regarding the recent attacks, while the Commander-in-Chief directed that all measures be taken against those involved if it is proven that Iraqi territory was used as a launching point for attacks on the two countries(They already know it was the IRI factions who admitted the strikes) 

Al-Zaydi stressed that the government will not tolerate any individual or group that seeks to threaten the security of Iraq or the security of its brothers and countries in the region, stressing the government’s commitment to taking the necessary measures to protect the country’s stability and preserve its sovereignty. 

The National Security Council also stressed Iraq’s keenness to build the best relations with the countries of the region and the international community, and that the new government should be a partner in stabilizing the region and extending the rule of law, while committing to protecting diplomatic missions and foreign companies operating in the country, and restricting weapons to the state.  https://1news-iq.net/الزيدي-يترأس-أول-اجتماع-للأمن-الوطني-و/

Iraq Investigates Attacks On Gulf States Allegedly Launched From Its Territory

2026-05-20 / Shafaq News- Baghdad   Iraq’s Ministerial Council for National Security on Wednesday ordered an investigation into attacks targeting Saudi Arabia and the United Arab Emirates allegedly launched from Iraqi territory, warning of legal action against those involved if the claims are confirmed. 

During the council’s first meeting chaired by Prime Minister Ali al-Zaidi, members condemned the recent attacks and reaffirmed Baghdad’s rejection of using Iraqi territory or airspace to target neighboring Arab and regional states, according to a statement from the prime minister’s office.

 Iraqi Prime Minister Media Office 

Sondoetrpsl6h7a6hl35g8f0fhii3acf9411mug6g4f8fffh4iitl8943gt7 · 

Official Statement  …..    Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh Al-Zaidi chaired the first meeting of the Ministerial Council for National Security.

The meeting reviewed developments in the overall security situation across the country, with the Prime Minister affirming the government’s commitment to continually raising the readiness and capabilities of all security agencies and strengthening coordination among them to sustain security and stability.

The meeting renewed its condemnation of the recent attacks that targeted the Kingdom of Saudi Arabia and the United Arab Emirates, reaffirming the government’s rejection of the use of Iraqi territory or airspace to launch attacks against brotherly Arab states and friendly regional countries, and stressing that the government will respond firmly in this regard.

The meeting further addressed the ongoing investigations into the attacks that targeted the Kingdom of Saudi Arabia and the United Arab Emirates. A special committee was formed to liaise with the relevant authorities in both countries, and the Prime Minister directed that all necessary measures be taken against those found responsible should Iraqi territory be confirmed as a launch point for those attacks, reaffirming Iraq’s commitment to full cooperation with brotherly countries on this matter.

The Prime Minister stressed that the government will not tolerate any individual or group seeking to threaten Iraq’s security or that of its brotherly neighbors and regional partners, reaffirming its resolve to take all measures necessary to protect the country’s stability and preserve its sovereignty.

The meeting also affirmed Iraq’s commitment to building the strongest possible relations with regional and international partners, as well as the new government’s commitment to serving as a partner in regional stability, upholding the rule of law, protecting diplomatic missions and foreign companies operating in the country, and restricting the bearing of arms to the state — all of which constitute core government priorities in enhancing security and stability.

Sabah Al-Numan   Official Spokesperson For The Commander-In-Chief Of The Armed Forces

May 20, 2026   A special committee was formed to coordinate with Saudi and Emirati authorities as investigations continue, while al-Zaidi directed security agencies to take all necessary measures against any individual or group found responsible. 

The council also stressed the need to maintain high security readiness and coordination among Iraqi security forces to preserve internal stability. 

Al-Zaidi reaffirmed Iraq’s commitment to strengthening relations with regional and international partners, protecting diplomatic missions and foreign companies operating in the country, and limiting weapons to state control as part of the government’s broader security priorities. 

On Sunday, Saudi Arabia reported the interception and destruction of three drones after they entered its airspace from Iraqi territory.  https://shafaq.com/en/Iraq/Iraq-investigates-attacks-on-Gulf-states-allegedly-launched-from-its-territory

Iraq Reviews Security Ministries, Examines Gulf Drone Allegations

2026-05-20 / 15:31  Shafaq News- Baghdad   Iraq’s ruling Coordination Framework (CF) discussed efforts to fill unresolved security ministries while examining Saudi and Emirati allegations that drones launched from Iraqi territory targeted the two Gulf states, a CF source told Shafaq News on Thursday.

 The discussions took place during a meeting held on Wednesday night attended by Prime Minister Ali Al-Zaidi, with discussions focusing on the Interior and Defense ministries alongside regional security accusations involving Saudi Arabia and the United Arab Emirates.

 Iraq’s parliament granted confidence to Al-Zaidi’s government on May 14, approving 14 ministers out of 23 while delaying nine portfolios, including Interior and Defense, amid continuing disputes over cabinet allocations. CF leaders agreed to authorize Al-Zaidi to select candidates for the Interior and Defense Ministries from lists of 10 nominees submitted by supporting political groups and parties affiliated with the candidates, provided they possess proven military and security experience.

 Read more: What does Iraq's new government promise? A guide to Ali Al-Zaidi's ministerial program

 Al-Zaidi will choose the final nominees for the two ministries from those lists, the source added, noting that names currently circulating for the posts were inaccurate. Leaders at the meeting also agreed to reassess the distribution of sovereign ministries based on the “official cost formula” approved by the team overseeing negotiations under Al-Zaidi’s supervision, adding that the cabinet allocation map could witness further changes.

 On the regional security file, the meeting discussed allegations by Saudi Arabia and the UAE that drones launched from Iraq had targeted the two countries. Leaders agreed to form a committee including security specialists and representatives from the Interior, Defense, National Security, and Foreign Ministries.

 One team will visit Saudi Arabia and the UAE to review evidence related to the alleged drone flights, particularly radar and early-warning data, in an effort to determine launch points and flight paths and identify the responsible party, while a second team will conduct investigations inside Iraq and gather information related to allegations that drones targeting Saudi Arabia and the UAE originated from Iraqi territory.

 “The committee’s work will focus on obtaining evidence before adopting any final position,” the source said, adding that conclusions would depend on technical and security findings presented by the relevant authorities.

 Saudi Arabia and the UAE earlier alleged that drones entered their airspace from Iraq, including an attack Abu Dhabi said targeted the Barakah nuclear power plant, while Riyadh announced intercepting drones approaching from the Iraqi direction. Iraq later condemned the attacks and announced technical and security coordination with Saudi Arabia and the UAE to review available evidence.

 https://shafaq.com/en/Iraq/Iraq-reviews-security-ministries-examines-Gulf-drone-allegations

Iraq Parliament Demands Emergency Air Defense Budget After Gulf Drone Accusations

2026-05-20   Shafaq News- Baghdad    Iraq’s parliamentary Security and Defense Committee called on Wednesday for an “emergency budget” to strengthen the country’s air defenses following Gulf accusations that drone attacks against Saudi Arabia and the UAE originated from Iraqi territory. 

Committee member Yasser Watout told Shafaq News that the governments of Saudi Arabia and the UAE should provide “concrete evidence” supporting their recent accusations.

“The protection of Iraqi airspace is the responsibility of the Global Coalition,” Watout pointed out. 

He also questioned how such operations could occur without being detected, noting that Iraqi skies is monitored by US and Israeli aircraft as well as advanced surveillance systems and satellites, urging both countries to clarify whether the drones were launched from southern, central, or northern Iraq.

 He suggested that a “third party” could be behind the attacks in an attempt to fuel tensions between Iraq and Gulf countries.

 Earlier today, Iraq’s Ministerial Council for National Security ordered an investigation into the alleged drone attacks and warned of legal action against those responsible if the accusations are confirmed. The council also formed a special committee to coordinate with Saudi and Emirati authorities, while Commander-in-Chief of the Armed Forces Ali Al-Zaidi instructed security agencies to take all necessary measures against any individuals or groups involved.

 Read more: How the Iran–US–Israel war exposes Iraq’s defense paralysis

 On May 17, Saudi Arabia’s Defense Ministry announced that it had intercepted and destroyed three drones after they entered the kingdom’s airspace from Iraq, warning that Riyadh would take the necessary operational measures “at the appropriate time and place.”

 Later, the UAE Defense Ministry also revealed that it had intercepted six drones originating from Iraq over 48 hours targeting the Barakah Nuclear Plant.

 Iraq’s armed forces have relied on foreign defense procurement since the early 2000s, with recent efforts focused on rebuilding deterrence amid regional instability and increasing pressure to assert airspace sovereignty —particularly following repeated breaches during the 12-day war between Iran and Israel in 2025.

 Read more: Iraq's air defense void: How US vetoes, and Russian limits leave Baghdad exposed

 https://shafaq.com/en/Iraq/Iraq-parliament-demands-emergency-air-defense-budget-after-Gulf-drone-accusations

Read More
Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Some “Iraq News” Posted by Tishwash at TNT 5-21-2026

TNT:

Tishwash: A meeting at the Central Bank confirms the institution's neutrality and its role in supporting the budget.

 The Central Bank of Iraq held an expanded meeting on Tuesday (May 19, 2026) with representatives from several Iraqi media outlets, in the presence of the bank's governor, Ali Al-Alaq, to ​​discuss a range of financial and monetary issues related to the bank's role in supporting market stability and strengthening compliance and banking oversight procedures.

The meeting was attended by Saif Al-Hashemi, director of the Baghdad Today news agency, along with a number of other media colleagues.

TNT:

Tishwash: A meeting at the Central Bank confirms the institution's neutrality and its role in supporting the budget.

 The Central Bank of Iraq held an expanded meeting on Tuesday (May 19, 2026) with representatives from several Iraqi media outlets, in the presence of the bank's governor, Ali Al-Alaq, to ​​discuss a range of financial and monetary issues related to the bank's role in supporting market stability and strengthening compliance and banking oversight procedures.

The meeting was attended by Saif Al-Hashemi, director of the Baghdad Today news agency, along with a number of other media colleagues.

Al-Allaq said during the meeting, which was attended by “Baghdad Today”, that the Central Bank is exercising its role with complete neutrality with regard to the general budget,” stressing that the bank’s responsibility is focused on controlling monetary policy and maintaining the stability of the exchange rate, in addition to managing foreign transactions and supervising banks, without interfering in the form of the budget or its political or economic options.

The governor explained that the central bank is working to create a balance between the planned deficit and the actual deficit through monetary policy tools, noting that the bank’s role in this regard depends on measuring liquidity, the size of issuances, and the level of monetary stability required to support the budget without putting pressure on the market.

Al-Allaq also reviewed the ongoing banking reform phases, which include strengthening compliance, developing payment systems, and improving oversight procedures for the banking sector, stressing that these steps are essential to prevent any practices that harm the market or affect the value of the currency locally.

Regarding financial stability, the Central Bank reassured attendees that the country's economic situation is "stable and under control," and that the measures taken during the past months have contributed to reducing volatility and strengthening confidence in the financial system.

The attendees raised a number of questions about the bank’s relationship with the budget and its role in managing the exchange rate, in addition to mechanisms for reducing speculation in the market, while the Central Bank affirmed its continued communication with the media to ensure clarity of information and avoid inaccurate reporting on financial matters.

This meeting comes amid escalating discussions about the budget deficit and the growing need for an effective monetary policy to mitigate the effects of regional and economic tensions, particularly given the Iraqi markets' vulnerability to the repercussions of the ongoing conflict between Iran, Israel, and the United States, and its impact on local market activity.

The Central Bank also aims to clarify its media strategy to ensure that accurate information about monetary policy reaches citizens and those interested in economic affairs.  link

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

Tishwash:  Al-Awadi: Iraq is not an open arena for conflicts, and the government will take all measures to maintain the stability of the region.

 Government spokesman Bassem al-Awadi affirmed that "Iraq is not an open arena for conflicts...and the government will take all necessary measures to maintain the stability of the region."

In a televised statement, al-Awadi said, "The region is witnessing escalating tensions extending from Palestine, Lebanon, and Syria to the Gulf states," noting that "Iraq, as an Arab country and a neighbor to the countries of the region, is keen to listen to the concerns of its brothers."

He added, "The Iraqi government is working continuously to achieve positive results that contribute to calming the situation," clarifying that "Iraq is not an open arena, and some of the information circulating regarding security developments may contain inaccuracies or misinformation."

The spokesperson explained: "The Commander-in-Chief of the Armed Forces, Ali al-Zaidi, is personally overseeing this matter and following up on the file directly. He is in contact with our brothers in the Arab countries and the Gulf states.

He has directed the formation of committees at the Ministry of Defense, Joint Operations Command, and military units deployed along the borders to communicate with our brothers to provide appropriate information for verification. If it is proven that any attack originated from within Iraq, the government will take all appropriate measures to preserve the sovereignty of Iraq, its neighbors, and the region." link

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

Tishwash:  An unprecedented financial crisis hits Iraq: A $5 billion gap threatens salaries.

 Financial and banking expert Mahmoud Dagher confirmed on Tuesday (May 19, 2026) that Iraq is currently experiencing its biggest financial and economic crisis since 2003, due to the severe deficit in oil revenues, which did not exceed one billion dollars this month, compared to an actual need of more than 6 billion dollars (equivalent to 8 trillion dinars) to cover the salaries of employees and retirees monthly.

Dagher confirmed, in an interview with journalist Ahmed Mulla Talal, which was followed by 964 Network , that there is no solution to the current crisis except resorting to “discounted transfers” to increase the internal debt by printing new money from the Central Bank and lending it to the Ministry of Finance.

This is a necessary measure that will lead to raising the internal debt from 100 trillion to nearly 140 trillion dinars. He warned that this path will inevitably lead to direct pressure on the foreign currency reserve and reduce it, expecting that the dollar exchange rate will take an upward trend in the local markets.

Internal "money creation": No withdrawals from reserves, but printing and borrowing

Dagher refuted the rumors circulating about the state resorting to direct withdrawals from foreign currency reserves, stressing that the mechanism currently in place is “issuing new money” from the central bank and lending it to the Ministry of Finance through debiting remittances via banks.

The banking expert explained that this measure, which was previously used during the era of former Prime Minister Haider al-Abadi, represents a process of creating local money, revealing that discounted transfers started steadily from 3 trillion and then jumped to 4 trillion, and are likely to rise to compensate for the absence of live oil revenues and to secure funds for citizens in the markets.

Indirect depletion... How will foreign currency reserves be affected?

Dagher warned that the real danger to the central bank’s reserves comes indirectly through the movement of liquidity in the market. When a citizen receives his salary in “printed” dinars, he goes to buy, and the merchant returns and asks the central bank for dollars, exchanging them for dinars.

He pointed out that the previous equation was based on the Ministry of Finance handing over dollars to the Central Bank to secure dinars, but now the Ministry of Finance does not have dollars, which puts full pressure on the foreign reserves and threatens to reduce them, recalling how this mechanism previously caused the reserves to drop from 60 billion to 35 billion dollars during previous crises.

The triad of “Al-Zaydi, Finance, and the Central Bank”: The desperate have no choice

The financial expert confirmed that this critical situation was on the decision table from the first day of the appointment of Prime Minister Ali al-Zaidi, who rushed to hold an urgent meeting with the Minister of Finance and the Governor of the Central Bank to develop solutions.

Dagher asserted that there is no alternative solution on the horizon for financing the state other than relying on Central Bank transfers to the Ministry of Finance to increase internal debt, considering that this measure is not an editorial error but rather the option of extreme necessity for which no economic expert in Iraq has a realistic alternative at the present time.

The dollar will rise and domestic debt will jump to nearly 140 trillion.

Dagher predicted that the dollar exchange rate would take an upward turn in the local markets during the coming period, noting that the rise would not be rapid or crazy because the central bank has sufficient reserves and a high adequacy ratio, but this balance is threatened with collapse if the war and its repercussions continue for another year at the same current pace.

Dagher concluded his economic vision by pointing out that Iraq’s internal debt, which previously stood at 94 trillion and has now reached 100 trillion, is strongly heading towards a threshold of between 130 and 140 trillion dinars, which puts the country’s fiscal policy in the eye of the storm.

The Ministry of Oil announced on Monday (May 18, 2026) the total of Iraqi oil exports during the month of April, saying that it amounted to 9 million and 884 thousand barrels, with revenues amounting to about one billion dollars, while Iraq’s oil exports before the US-Iran war and the closure of the Strait of Hormuz amounted to about 100 million barrels with revenues of up to 7 billion dollars, which means a loss of 6 billion dollars during last April.  link

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Evening 5-20-26

Good Evening Dinar Recaps,

Xi and Putin Deepen Strategic Alliance as Global Power Blocs Continue Realigning

China and Russia moved closer on energy, trade, and geopolitical coordination during high-level summit talks in Beijing, reinforcing the accelerating shift toward a multipolar world order.

Good Evening Dinar Recaps,

Xi and Putin Deepen Strategic Alliance as Global Power Blocs Continue Realigning

China and Russia moved closer on energy, trade, and geopolitical coordination during high-level summit talks in Beijing, reinforcing the accelerating shift toward a multipolar world order.

 Overview

Chinese President Xi Jinping and Russian President Vladimir Putin held major summit talks in Beijing today centered on expanding long-term cooperation in energy, trade, and strategic coordination.

The meeting comes at a pivotal moment for the global economy as nations increasingly reposition themselves amid rising geopolitical fragmentation, sanctions pressure, supply chain realignment, and growing instability in energy markets.

The summit also carried major symbolic importance because it followed closely after President Donald Trump’s recent visit to Beijing, highlighting China’s emerging role as a central diplomatic and economic power capable of engaging multiple rival blocs simultaneously.

Key Developments

1. China and Russia Reaffirm Strategic Partnership

Xi and Putin both emphasized the strength of the China-Russia relationship, describing their partnership as a stabilizing force in an increasingly fragmented global system.

Xi called for a more balanced international order and greater cooperation outside traditional Western-led structures, while Putin praised the growing political trust between Moscow and Beijing.

The summit reinforced that both nations continue strengthening ties in response to ongoing tensions with the United States and broader Western alliances.

The relationship increasingly extends beyond diplomacy into finance, energy security, industrial cooperation, and long-term geopolitical coordination.

2. Energy Cooperation and Power of Siberia 2 Move to the Forefront

One of the most important topics discussed was the proposed Power of Siberia 2 pipeline, which would dramatically expand Russian natural gas exports to China.

The project is viewed as strategically critical for Moscow as Russia continues redirecting energy exports away from Europe following years of sanctions and political confrontation tied to the Ukraine conflict.

If completed, the pipeline could transport up to 50 billion cubic meters of natural gas annually from Russia’s Arctic gas fields into China through Mongolia.

Energy cooperation between both countries is becoming increasingly important as instability in the Middle East and Strait of Hormuz continues disrupting global energy markets.

3. China Expands Its Influence as a Global Power Broker

The diplomatic optics surrounding the summit were closely watched internationally.

By hosting both Trump and Putin within days of each other, Beijing demonstrated its growing ability to position itself at the center of global diplomacy during a period of rising geopolitical fragmentation.

Chinese media portrayed the meetings as evidence of China’s growing leadership role in shaping the future global order.

Analysts noted that Beijing increasingly seeks to balance relationships with rival powers while simultaneously strengthening its own long-term strategic leverage.

4. Trade and Financial Realignment Continue Accelerating

China and Russia also discussed expanding bilateral trade, investment cooperation, and long-term economic integration.

Although trade growth slowed last year, both countries are now seeking to deepen partnerships across:

  • energy,

  • infrastructure,

  • manufacturing,

  • financial systems,

  • and strategic commodities.

The broader trend reflects accelerating efforts among major powers to reduce vulnerability to Western sanctions, diversify trade systems, and strengthen regional economic alliances.

Many analysts view the China-Russia partnership as one of the central pillars of the emerging multipolar economic system.

Why It Matters

Today’s summit highlights how global power structures continue evolving away from the highly centralized Western-led economic system that dominated previous decades.

The world is increasingly shifting toward competing regional alliances built around:

  • energy security,

  • trade corridors,

  • strategic resources,

  • industrial policy,

  • and financial independence.

China and Russia are positioning themselves as long-term partners within that transition.

Why It Matters to Foreign Currency Holders

For foreign currency holders and global reset observers, the summit reinforces several major trends:

  • the rise of multipolar economic structures,

  • expanding non-Western trade cooperation,

  • growing efforts to reduce exposure to sanctions,

  • and increasing alignment between major commodity-producing nations.

The deepening China-Russia relationship also supports ongoing discussions surrounding alternative payment systems, reserve diversification, and reduced dependence on traditional Western financial channels.

Implications for the Global Reset

  • Pillar 1: Multipolar Economic Realignment

China and Russia continue building deeper economic structures outside traditional Western-centered systems.

  • Pillar 2: Energy-Based Strategic Alliances

Long-term energy agreements are becoming foundational to geopolitical influence and financial stability.

  • Pillar 3: Sanctions Resistance and Trade Diversification

Nations facing Western pressure are increasingly creating parallel trade and financial relationships to reduce vulnerability.

  • Pillar 4: Global Governance Transition

China is increasingly positioning itself as a central diplomatic and economic mediator in the evolving international order.

The Beijing summit reflects a broader transformation where energy, trade, and geopolitics are converging into a new global power structure.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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

Ross: This is the Reset of the World Economy

Ross: This is the Reset of the World Economy

5-20-2026

The fact that CBI is bullposting their cooperation with the US government is MEGA bullish for your IQD notes sitting in your safe.

This is how every IQD investor reads this.

Iraqi Central Bank Governor Ali Al-Alan said Tuesday that there are plans to revalue the Iraqi dinar against the US dollar, stressing that Iraqi funds are not subject to US sanctions. Al-Alan also announced upcoming talks with the US Federal Reserve and the Treasury Department, notating that both institutions have praised the role and performance of the Central Bank of Iraq (CBI).

Ross: This is the Reset of the World Economy

5-20-2026

The fact that CBI is bullposting their cooperation with the US government is MEGA bullish for your IQD notes sitting in your safe.

This is how every IQD investor reads this.

Iraqi Central Bank Governor Ali Al-Alan said Tuesday that there are plans to revalue the Iraqi dinar against the US dollar, stressing that Iraqi funds are not subject to US sanctions. Al-Alan also announced upcoming talks with the US Federal Reserve and the Treasury Department, notating that both institutions have praised the role and performance of the Central Bank of Iraq (CBI).

All jokes aside…

Ok ok don’t start FUDing my replies just yet.

No devalue = stability locked

No sanctions on funds = clean money confirmed

Fed & Treasury talks = direct US engagement

US praise for CBI = institutional greenlight

ZERO RED FLAGS since Iraq’s newly formed government was approved.

New PM Ali al-Zaidi sworn in days ago.

100-day corruption cleanup clock just started.

This CBI drop lands right on top of it.

While Zaidi handles the political housecleaning…

CBI just reinforced the monetary foundation.

Clear runway.

Rocket fuel into summer with endless convergence toward America’s 250th and beyond.

Your 100-day corruption cleanup window lands ~Aug 27.

US troops finish leaving Kurdistan in September.

Kim Clement window: Aug / Sept / Oct for the banking miracle.

Convergence is absolutely spooky at this point, there are no coincidences.

Zoom News:  Iraqi Central Bank Governor Ali Al-Alaq said Tuesday that there are no plans to devalue the Iraqi dinar against the US dollar, stressing that Iraqi funds are not subject to any US sanctions. Al-Alaq also announced upcoming talks with the US Federal Reserve and the Treasury Department, noting that both institutions have praised the role and performance of the Central Bank of Iraq (CBI).

More on the 100 day deadline corruption cleanup.

Ross:  “Otherwise we’ll stay there.” September: Last US military stationed in Kurdistan leaves Iraq for good. New Iraqi PM Ali al-Zaidi has a 100-day window to dismantle US-blacklisted factions and open major corruption files. 100 days from now lands on: August 27, 2026. Kim Clement prophesied to look toward August, September, and October for a miracle in banking & the markets — watch the oil (where America ultimately becomes independent from Middle East oil). Convergence is an understatement. IQD RV lore is literally going haywire right now.

Watch on X: https://twitter.com/i/status/2056869992097014223

Why is the CBI suddenly announcing meetings with the Federal Reserve and US Treasury right now???

IQD is going to revalue and to be honest I’m shocked the CBI is giving such a huge signal about it.

Kevin Warsh was confirmed as the new Fed Chair on May 13.

Powell’s term ended May 15.

This CBI announcement drops days later.

Meanwhile the Iran War kicked off Feb 28… and suddenly we get a new reform-focused Iraqi PM, a 100-day corruption cleanup mandate, CBI saying “no devalue” + “no sanctions on funds,” public US praise, and scheduled high-level meetings with the new Fed team + Treasury.

Funny the Iran War coincidentally creates this level of rapid progress and positive signaling from Iraq’s new government and central bank.

These meetings are about real technical work: banking reforms, reserve management, dollar liquidity, and deeper financial integration.

And here’s the kicker — Iraq’s cashless deadline for all state institutions is July 2026. That lines up almost perfectly with the Clarity Act timeline, which sits roughly 17 weeks from when the Iran War started.

At this point the amount of times I’m repeating myself on these different factors is comical… but I can’t help it when unlimited amounts of new convergences keep showing up.

New Fed Chair.
New Iraqi government.
Cashless push.
Crypto clarity legislation.
Iraq suddenly in direct talks with the Fed & Treasury.

All moving in the same window heading into America’s 250th.

The CBI is meeting with the Fed and Treasury because they’re locking in alignment, stability, and technical readiness while the region forces everyone to pick sides and clean house.

This is how you build the runway for the revaluation of IQD.

Basing this on Treasury Vault’s current prices:

If you buy $1,000 USD in IQD right now, that gets you ≈ 1,036,269 IQD.

This is based on their sale price of $965 per million (mixed denomination notes, on sale from $985). Some circulated bundles are running around $940 per million.

No one can predict the future exchange rate of IQD vs USD.

We look to what happened in Kuwait.

We look at Iraq’s true wealth as a country based on their oil.

We look to the future of a Level Playing Field.

A Golden Age is coming.

XRP ignites the GCR.

Hyperinflated currencies will sink or swim once the Bank of London is starved and the Fed defaults on their debt.

I cannot throw out an exact rate.

I just know 1300 per USD is BS.

Read full post here:  https://dinarchronicles.com/2026/05/20/ross-this-is-the-reset-of-the-world-economy/

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

Currency Reset Update, Parts 1 and 2

Currency Reset Update, Part 1

Liberty Crusade Official:‍ ‍5-20-20265-

The global financial landscape is currently navigating a period of profound transformation. Recent discussions within the economic and geopolitical spheres suggest that we are moving toward a significant “reset” of the international monetary system.

For decades, the world has operated primarily under a fiat-based structure, but emerging trends indicate a decisive shift toward de-globalization and de-dollarization. This transition reflects a growing interest in returning to an economic framework grounded in intrinsic value—specifically one backed by commodities such as gold, silver, natural resources, and essential agricultural products.

Currency Reset Update, Part 1

Liberty Crusade Official:‍ ‍5-20-20265-

The global financial landscape is currently navigating a period of profound transformation. Recent discussions within the economic and geopolitical spheres suggest that we are moving toward a significant “reset” of the international monetary system.

For decades, the world has operated primarily under a fiat-based structure, but emerging trends indicate a decisive shift toward de-globalization and de-dollarization. This transition reflects a growing interest in returning to an economic framework grounded in intrinsic value—specifically one backed by commodities such as gold, silver, natural resources, and essential agricultural products.

A central component of this evolving narrative is the potential revaluation of specific national currencies, with a particular focus on nations like Iraq and Vietnam.

Analysts pointing to these regions highlight their abundant natural resources, strengthening manufacturing sectors, and increasing political sovereignty as key indicators of their readiness for a larger role in the global market.

As these nations stabilize their internal governance and expand their international trade agreements, they are positioned as prime examples of how localized economic strength can lead to a more balanced and integrated global financial system.

Beyond individual currencies, the broader geopolitical climate is undergoing a strategic realignment. There is a visible push toward prioritizing national sovereignty and renegotiating long-standing trade agreements to better reflect modern economic realities. This includes efforts to bolster leadership within the Western Hemisphere while navigating the complexities of influence from major Eastern powers. Proponents of this shift argue that a return to principled diplomacy and a focus on regional stability—particularly in the Middle East—is essential for creating a secure environment where new economic systems can flourish.

The transition also highlights the changing role of precious metals and digital assets. Silver, in particular, is gaining attention due to massive projected investments in global manufacturing, which could significantly drive demand and value.

Simultaneously, the integration of digital assets like XRP and Bitcoin into the financial fabric suggests a future where technology and tangible commodities work in tandem to replace traditional debt-based models. This “new economy” aims to prioritize transparency, intrinsic value, and decentralized stability over the volatility of the old fiat system.

Ultimately, navigating these complex changes requires a commitment to education and personal responsibility. Understanding the historical, spiritual, and economic foundations of these shifts is vital for anyone looking to participate in the emerging order.

By staying informed through dedicated research and analysis, individuals can better align themselves with a world that is increasingly moving toward the restoration of traditional values and economic sovereignty.

For those seeking a deeper dive into these transformative events, the Liberty Crusade Official YouTube channel offers comprehensive insights into the future of global finance.

https://www.youtube.com/watch?v=as2c68z05DA

Currency Reset Update Part 2.

https://www.youtube.com/watch?v=A3km5NaC4r8



Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 5-20-26

Good Afternoon Dinar Recaps,

China Tightens Grip on Rare Earths as U.S. Supply Chain Vulnerabilities Deepen

Beijing’s defense of rare earth export controls is intensifying concerns over global supply chains, industrial security, and the future balance of economic power.

Good Afternoon Dinar Recaps,

China Tightens Grip on Rare Earths as U.S. Supply Chain Vulnerabilities Deepen

Beijing’s defense of rare earth export controls is intensifying concerns over global supply chains, industrial security, and the future balance of economic power.

 Overview

China has reaffirmed that its rare earth and critical mineral export controls are both legal and necessary, while signaling limited willingness to cooperate with the United States on supply chain concerns.

The announcement comes as global industries increasingly struggle with shortages and uncertainty surrounding access to strategic minerals essential for defense systems, semiconductors, electric vehicles, aerospace manufacturing, and advanced energy technologies.

The issue is becoming far more than a trade dispute. It now reflects the broader geopolitical struggle between the world’s two largest economies over industrial dominance, technological leadership, and long-term control of critical supply chains.

Key Developments

1. China Defends Rare Earth Export Restrictions

China’s Ministry of Commerce stated today that the country’s export controls on rare earth materials are fully consistent with Chinese law and are intended to safeguard national security and economic interests.

The restrictions, first expanded during escalating trade tensions with Washington, remain in effect despite recent diplomatic discussions between both nations.

Chinese officials emphasized that exports for approved civilian purposes may still be reviewed and authorized, but Beijing made clear the controls themselves are not being removed.

The announcement reinforces China’s growing willingness to use critical minerals as a strategic economic lever in global negotiations.

2. The United States Faces Growing Supply Chain Pressure

U.S. officials continue expressing concern over restricted access to rare earth materials such as yttrium, scandium, dysprosium, and terbium, all of which are essential for advanced manufacturing and military applications.

These materials are critical for:

  • jet engines,

  • missile guidance systems,

  • electric vehicles,

  • wind turbines,

  • AI infrastructure,

  • semiconductors,

  • and power generation technologies.

American manufacturers have warned that prolonged supply disruptions could increase production costs, delay industrial projects, and weaken competitiveness in key strategic industries.

The situation highlights a growing vulnerability within Western supply chains that remain heavily dependent on Chinese mineral processing capacity.

3. Rare Earths Are Emerging as a New Economic Weapon

China currently dominates much of the global rare earth refining and processing market, giving Beijing enormous influence over industries tied to modern technology and energy systems.

Analysts increasingly view rare earth access as comparable to oil leverage during previous geopolitical eras.

Rather than using tariffs alone, countries are now competing through:

  • export controls,

  • industrial policy,

  • technology restrictions,

  • and supply chain realignment.

This marks a major transition away from the highly globalized economic environment that dominated previous decades.

4. Managed Cooperation Masks Deeper Strategic Competition

Despite the tensions, both Washington and Beijing signaled interest in maintaining dialogue to avoid a full-scale supply chain breakdown.

Recent trade discussions suggest both sides recognize the risks of uncontrolled escalation, especially given how interconnected the global economy remains.

However, behind the diplomacy, both nations continue accelerating long-term strategies designed to reduce dependence on one another.

The United States is investing heavily in domestic mining and alternative supply chains, while China continues strengthening control over critical resources and industrial infrastructure.

Why It Matters

The rare earth dispute reflects a much larger transformation underway in the global economy.

The world is moving away from an era driven primarily by low-cost globalization and toward one increasingly shaped by:

  • strategic resource competition,

  • national security priorities,

  • industrial self-sufficiency,

  • and geopolitical economic blocs.

Critical minerals are now becoming central to economic power in much the same way oil shaped global influence throughout the twentieth century.

Why It Matters to Foreign Currency Holders

For foreign currency holders and global reset observers, today’s developments reinforce several major trends:

  • nations are increasingly weaponizing trade and resources,

  • global supply chains are fragmenting,

  • industrial policy is replacing pure free-market globalization,

  • and strategic commodities are becoming more politically controlled.

As nations compete for control over energy, minerals, and technology infrastructure, the global financial system may continue shifting toward a more fragmented and multipolar structure.

Implications for the Global Reset

  • Pillar 1: Strategic Commodity Control

Rare earth minerals are becoming a foundational pillar of geopolitical and economic leverage in the modern era.

  • Pillar 2: De-Globalization Accelerates

Supply chain fragmentation is accelerating as nations prioritize security and self-sufficiency over maximum efficiency.

  • Pillar 3: Industrial Realignment

Countries are increasingly redesigning industrial systems around domestic resilience and trusted alliances rather than global interdependence.

  • Pillar 4: Multipolar Economic Competition

The U.S.-China rivalry is accelerating the transition toward competing economic spheres with separate supply chains, financial networks, and strategic priorities.

Control over critical resources is rapidly becoming one of the defining power struggles of the emerging global financial order.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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

Reset Intelligence: Iraq, the Case for Revaluation

Reset Intelligence: Iraq, the Case for Revaluation

5-20-2026

Reset Intelligence: IRAQ. The Case for Revaluation

By David E. Atterton | Reset Intelligence | @EXIT_FIAT

Iraq does not revalue because somebody decides to. Iraq revalues because the conditions underneath the announcement line up.

The conditions are signed, dated, and on the public record. Walk them yourself.

Reset Intelligence: Iraq, the Case for Revaluation

5-20-2026

Reset Intelligence: IRAQ. The Case for Revaluation

By David E. Atterton | Reset Intelligence | @EXIT_FIAT

Iraq does not revalue because somebody decides to. Iraq revalues because the conditions underneath the announcement line up.

The conditions are signed, dated, and on the public record. Walk them yourself.

The Question Landing In My Inbox Every Day

For the past two weeks the same question has landed in my inbox from new members signing up to a free Reset Intelligence account. How is it actually possible that Iraq can revalue the IQD?

The answer is not my opinion. It is a verified stack of signed contracts, dated court rulings, customs system deadlines, and central bank balance sheet moves. All of it sits on the public record. None of it requires trust. All of it requires patience.

What follows is the architecture in the order it stacks. Receipts on every claim.

Trump, $35 Billion, And The Arithmetic That Has To Resolve

January 2020. The Iraqi parliament had just voted to expel US forces after the Soleimani strike. A reporter asked President Trump how the United States planned to recover its costs if it left. The verbatim exchange, on camera:

Trump: “We have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there.”

The $35 billion sitting in an account is Iraqi oil revenue held at the New York Federal Reserve. A sitting US President stated in public that the US Treasury views Iraqi sovereign wealth as collectible, and that the means to collect is military presence.

At today’s official rate of 1,310 IQD per USD, $35 billion sits as roughly 45.85 trillion Iraqi dinars. The arithmetic of repayment, alongside the arithmetic of every IMF programme, every World Bank facility, and every US Treasury sanctions calendar, only resolves cleanly if the underlying currency stops trading at one-tenth of a US cent.

The architecture being built right now is the mechanism that makes that resolution possible.

$16 Trillion In The Ground – The Iraqi Government’s Own Number

In 2025 the Prime Minister’s financial advisor Mazhar Mohammed Saleh placed Iraq’s untapped mineral and energy wealth at $16 trillion USD. That figure ranks Iraq 9th globally for natural resource wealth. The number comes from the Iraqi government itself, not from a Western consultancy projection.

Oil – 145 billion barrels of proved reserves, 5th largest in the world, 8% of global reserves. An additional 8.8 billion barrel discovery announced in Najaf in May 2026.

Natural gas – multi-trillion cubic feet of associated and non-associated reserves, historically flared at the wellhead because midstream capture infrastructure was never built. That gap is now being closed.

Sulfur – world’s largest reserves, over 600 million tonnes at Mishraq near Mosul.

Phosphate – 2nd globally after Morocco. 5 billion tonnes of proven reserves. Akashat alone holds 1.7 billion tonnes, 9% of global reserves.

Strategic minerals – thorium, uranium, lithium and copper MOUs signed with international firms. The Zagros range carries copper, gold, and rare earth occurrences that remain underexplored.

CBI gold – 162.7 metric tonnes by February 2025. Gold is now 28% of total CBI reserves. Foreign currency reserves stand at approximately $97.5 billion.

Before contracts, before customs, before any Hydrocarbon Law signature, Iraq holds verifiable extractive and monetary assets that match or exceed the scale of any country that has ever executed a managed currency revaluation.

The Signed Contracts That Validate It

Sovereign rhetoric is cheap. Capital expenditure is what gets validated. Every major Iraq oil and gas contract signed in the past 5 years carries multi-decade capital exposure from companies that are paid to be right about future cash flows.

TotalEnergies GGIP – $27 billion. Effective August 2023. TotalEnergies 45%, Basra Oil Company 30%, QatarEnergy 25%. All 4 sub-projects launched within 2 years of signing. Phase 1 targets 120,000 barrels per day at Ratawi, scaling to 210,000 in phase 2. An early production facility processing 50 million cubic feet of associated gas per day began operating in early 2026.

West Qurna 1 – PetroChina took over operatorship from ExxonMobil in November 2023 at the same service-contract terms.

Rumaila – Iraq’s largest producing field. BP partnership with PetroChina and Basra Oil Company. BP booking 79,000 barrels per day of upstream production share into 2025.

Khor Mor (Kurdistan) – Pearl Petroleum (Crescent Petroleum and Dana Gas). The $1.1 billion KM250 expansion completed 8 months ahead of schedule in 2025, lifting output to 750 million cubic feet per day. Target 825 million cubic feet per day by end of 2026.

Akkas (Anbar) – Schlumberger holds the development contract. Initial production scaling to 100 million cubic feet per day with a 400 million target.

Mansuriya (Diyala) – 4.5 trillion cubic feet of estimated reserves. Awarded to a Chinese-Iraqi consortium with daily production potential over 300 million cubic feet.

Capital allocation committees at TotalEnergies, BP, Daewoo, Pearl, Sinopec, PetroChina, and Schlumberger have all approved multi-decade exposure to the Iraqi sovereign and the Iraqi banking system. They priced Iraq as bankable.

Ports, Roads, And The Hydrocarbon Law

Resources without ports and roads stay in the ground. Iraq is building both.

Al Faw Grand Port. $2.7 billion contract awarded to Daewoo in December 2020. The master plan calls for 99 berths and an eventual 25 million TEU annual capacity. In May 2026 the then current Iraqi PM Mohammed Shia Al-Sudani opened the first 5 container berths totalling 1,750 metres of quay. The immersed tunnel project has 7 of 10 concrete sections submerged. Phase 1 completion targeted 2028. Abu Dhabi Ports Company is finalising the operating agreement.

Development Road. The corridor connecting Faw to Europe. A quadrilateral MOU was signed in April 2024 between Iraq, Turkey, Qatar, and the UAE. 1,200 kilometres through Basra, Baghdad, Mosul, and into Turkey. Total project value $17 billion. Turkey has finalised the financing framework. The TIR international road transport system went operational in March 2025. A high-speed rail design was announced in September 2025, with phase 1 connecting Basra to Baghdad by 2031.

Hydrocarbon Law. 18 years of political deadlock. Two 2025 rulings dissolved it. In January 2025 the Karkh Court in Baghdad overturned earlier anti-KRG rulings. In July 2025 the Federal Supreme Court dismissed lawsuits against KRG gas contracts with HKN Energy and Western Zagros. The constitutional objections that blocked federal-KRG harmonisation for 15 years no longer carry force. The HCL signature becomes a single chamber vote, not an 18-year impossibility, once the cabinet stabilises after post-election seating.

ASYCUDA And The Cash Kill

This is the section most existing Iraqi dinar coverage skips. It is also the lever everyone asking the revaluation question should be tracking.

Iraq’s customs system is mid-rollout on the United Nations Conference on Trade and Development’s ASYCUDA World platform. Phase 2 closes June 24, 2026 – five weeks away. All 22 federal border crossings are now covered. Paper-to-electronic declaration became effective January 1, 2025. Pre-arrival declaration began December 1, 2025. The KRG-federal tariff unification deadline was January 1, 2026, with a final ASYCUDA agreement signed April 2026.

Parallel to ASYCUDA, the Central Bank of Iraq issued Electronic Payment Services Regulation Number 2 of 2024. All government payments are required to move to electronic channels by July 2026 – within 6 to 8 weeks. In the first quarter of 2025 alone, Rafidain Bank settled 2.65 trillion dinars through electronic channels, a 244% year-on-year increase.

A currency cannot be cleanly revalued if a significant percentage of its circulating stock moves through unmonitored cash channels. The float is unknown. The reserve-backing math is unknown. Any revaluation announcement triggers cash hoarding and parallel-market spikes that fight the official rate.

ASYCUDA closes the border-side leakage. The electronic payments mandate closes the domestic leakage. Once both systems operate in parallel, the CBI can quantify the true circulating float and match it against reserves. The parallel market collapses toward the official rate not because the CBI commands it, but because the unmonitored channel narrows until it cannot move enough dollar volume to set a meaningful premium.

Two Redemption Paths – Domestic And International

Iraqi citizens and international holders sit on two different paths.

Domestic. CBI and authorised Iraqi banks. CBI Governor Ali al-Alaq told the Sin Dialogue Forum in May 2026 that cash imports of US dollars into Iraq have been cut from $14 billion to $4 billion, with roughly 95% of dollar sales now moving through the electronic platform rather than the cash currency-auction window that existed a year earlier. The domestic channel is being rebuilt into an electronic, auditable rail before the rate event lands.

International. A Tier 1 international bank with IMF correspondent standing, opened as a relationship before the rate event, with the holding declared at deposit. Holders outside Iraq do not redeem through an exchange shop, a street kiosk, or a back-channel broker. The clean channel narrows over time. The unclean channel gets more visible to every counterparty involved. Holders who have not set the architecture up before the announcement land in a much slower, much less favourable queue afterwards.

The mechanics, the conversation with the branch manager, the two-bank method, and the documentation each holder needs to have on file are the contents of The Quiet Conversion – the redemption playbook available with a free Reset Intelligence account at resetintelligence.com/resources.

The Choice

If you came to dinar coverage expecting another date, you will not find one here. Iraq does not publish revaluation announcements prior to an event. The CBI does not telegraph rate moves. No Iraqi institution is going to post a calendar on social media for you to follow.

The dates promised in chat rooms about “next Friday” and “after Eid” and “before the budget” have been wrong every single cycle. That is not because the move is f**e. It is because the people calling the date have no inside line and never did.

This is not a 12 month thesis. It is a chain of dated events that have already started landing. ASYCUDA Phase 2 closes June 24. Government payments move electronic by July. The KRG-federal customs unification was signed in April. The TotalEnergies $27 billion project is in early production now. The Khor Mor expansion completed 8 months ahead of schedule. The Federal Supreme Court cleared the legal scaffolding on KRG gas contracts last July.

You have a choice. You can stay on the rollercoaster of missed dates and recycled rumours. Or you can follow the verified evidence chain. Signed contracts you can pull from corporate press releases. Customs deadlines you can pull from the UNCTAD ASYCUDA programme page. Court rulings you can pull from public Iraqi court records. CBI gold reserve figures you can pull from World Bank data.

None of them require trust. All of them require patience.

The Source-Level Documentation

Reset Intelligence published the source-level work that the briefings above sit on top of. Head of the Snake. 1,000+ hours of independent research. DOJ filings, Federal Register executive orders, CBI statements, FinCEN advisories, central bank records, IMF Article IV reviews. The full chain of receipts for the US-Iraq monetary architecture and the sanctions sequence that broke through in May 2026.

25% off all formats with code 25XOFF through Sunday: resetintelligence.com/head-of-the-snake

Chapter 1 is a free read for anyone who wants to walk the longer-form thesis first. The Quiet Conversion playbook ships free with any Reset Intelligence account.

The full extended briefing, with every source link, sits at resetintelligence.com/iraq-the-case-for-revaluation.

The 4 minute video read sits at youtube.com/watch?v=9-bbKyodoXo.

The architecture underneath the announcement is being built in public. The remaining question is whether you spent the months before the announcement preparing for it, or whether you queue for it afterwards alongside everyone who waited for permission to act.

https://dinarchronicles.com/2026/05/20/reset-intelligence-iraq-the-case-for-revaluation/  

Read More
Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Iraq News Posted by Tishwash at TNT 5-20-2026

TNT:

Tishwash: Al-Alaq: No US embargo on Iraqi funds; meeting expected with the Federal Reserve and the Treasury Department

Central Bank Governor Ali Al-Alaq confirmed that there is no intention to devalue the Iraqi dinar against the US dollar.

Speaking to a group of journalists and experts, Al-Alaq said, "We will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and ensuring the payment of salaries."

TNT:

Tishwash: Al-Alaq: No US embargo on Iraqi funds; meeting expected with the Federal Reserve and the Treasury Department

Central Bank Governor Ali Al-Alaq confirmed that there is no intention to devalue the Iraqi dinar against the US dollar.

Speaking to a group of journalists and experts, Al-Alaq said, "We will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and ensuring the payment of salaries."

He indicated that "the banking reform file is receiving direct attention from the Prime Minister. A meeting is expected in the coming days with the Federal Reserve and the US Treasury Department."

Al-Alaq continued, "We invest our cash reserves in several countries, and there are no US sanctions on Iraqi funds."

He added, "Most banks have reached the stage of mergers or liquidation, and only one or two banks remain that are unable to continue operating."  link

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

Tishwash:  The Minister of Finance discusses with the Speaker of Parliament files related to financial and administrative reform.

Finance Minister Faleh al-Sari acknowledged the growing financial challenges facing Iraq in light of changes related to energy markets and declining oil exports.

This is accompanied by a decline in revenues, which requires concerted efforts and support for measures that will secure the state’s financial obligations.

This came during his meeting with the Speaker of Parliament, Hebat al-Halbousi, where a number of files related to financial and administrative reform were discussed.

Al-Sari stressed the need to enact legislation and amend a number of laws, in order to support the paths of financial reform.

For his part, Al-Halbousi expressed his support for the government's efforts in dealing with the complex financial situation the country is going through.  link

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

Tishwash:   Advisor to the Association of Banks: Proposes to the government an institutional and structural reorganization of the management of finance, oil, investment and development

On the occasion of the new government assuming the leadership of Iraq in extremely complex economic and financial circumstances, and suffering from a clear liquidity crisis, the primary cause of which is the reliance on oil as a primary source of the general budget and the inability of the Ministry of Oil to secure the necessary export channels to continue exporting after the closure of the Strait of Hormuz.

In an interview with "Economy News," Samir Al-Nassiri, advisor to the Association of Iraqi Private Banks, suggested to the government, as it begins its first hundred days in office, that it should restructure and reorganize its economic files and sectors in finance, oil, investment and development by setting strategic goals to overcome the effects of the economic and financial crisis and absorb its repercussions in the short and long term.

Al-Nassiri called for strengthening the Financial Stability Council with advisors with expertise in fiscal policy, monetary policy, strategic planning and crisis management, and establishing an operations room to manage the oil sector, and in particular the management of the affairs of the Ministry of Oil, headed by the Prime Minister and with the membership of executive representatives from the Ministries of Finance and the Central Bank and specialized advisors, and following up on the procedures of the Ministry of Oil and SOMO, which are considered responsible for their inability to seek to secure external export channels to continue and sustain our oil exports after the closure of the Strait of Hormuz, which greatly harmed our national economy.

He pointed to the necessity of establishing the Supreme Council for Investment and Development, chaired by the Prime Minister and with the membership of the Ministries of Finance, Planning, Housing and Reconstruction, the Central Bank, the Head of the National Investment Commission, a representative of the Private Sector Development Council, and the Head of the Contractors Union.

The Council would be responsible for drawing up the investment map for the country in all economic sectors and involving the private sector in financial financing and implementation processes with the participation of private capital and with sovereign government guarantees and protection of laws that reassure the private sector, with the aim of achieving a real transition from the old economy to a market economy.  link

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

Tishwash:  Political agreement will facilitate the passage of the oil and gas bill

 Political agreement will facilitate the passage of the oil and gas bill

 The Iraqi parliament will soon put the oil and gas bill on its agenda, an Iraqi lawmaker said: political understanding and agreement has been reached between most of the parliamentary factions The passage of the bill is considered a nerve of stability, as it is a political and economic issue.

 The problems are being solved

"The oil and gas law will be submitted to parliament soon because it is a preliminary agreement between them," Adel Mahlawi, a member of the Taqadoom faction in the House of Representatives, told Sabah newspaper There are political parties.

 "Prime Minister Ali Zaydi has expressed his readiness to complete the bill because it is very important and has an economic and service dimension," he said.

"Some of the bills still need national agreement, including the oil and gas bill, but the oil and gas bill gives the provinces a wider opportunity to manage their own affairs and organize it," he said Relationship between the federal government and oil-producing provinces.

Delays in oil exports will hurt Iraq

Meanwhile, Ola al-Nashi, a member of the Oil and Gas Committee in the Iraqi parliament, said: "We have sent an official letter to the Ministry of Oil in order to take advantage of all these opportunities The move comes after changes in the Arabian Gulf that have affected ship movements There were oil fields.

 "The oil issue is the backbone of Iraq's economy. Any delay in oil exports or disruption of export lines will directly affect the state's gross revenue," he said.

 Export statistics during the conflict

According to the Iraqi Oil Marketing Company (SOMO), about 21 Iraqi oil ships carrying 27 million 678 thousand barrels of oil were disrupted in the Gulf due to tensions in the Strait of Hormuz In March and April, eight ships completed the loading and transit of 9 million 765 thousand 797 barrels of oil He had carried it.

 Three other ships carrying 4 million 886 thousand 786 barrels of oil were able to pass during the crisis.

 Finally, Al-Nashi stressed that parliament will continue to follow the measures of the Ministry of Oil and SOMO to protect Iraqi oil exports and prevent the loss of economic opportunities, in order to support the budget and provide it Financial entitlements of the country.

He called on the oil ministry to take this development seriously, as it is a political and economic issue and not just a technical issue.  link

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

Tishwash:  An economist explains the factors controlling the dollar exchange rate in the parallel market.

Economic expert Salah Nouri confirmed on Tuesday that the exchange rate of the dollar in the parallel market is subject to several internal and external factors, most notably supply and demand and liquidity conditions in the market.

Nouri said, “The exchange rate of the dollar in the parallel market depends on supply and demand, and this equation is affected by multiple internal and external factors.” He explained that “the demand for dollars by some traders who do not deal with the external transfer system of the Central Bank of Iraq is affected by the rise in global commodity prices and weak purchasing power.”

He added that "the supply of dollars in the parallel market is limited, and is often linked to a commercial tendency among those who possess the currency for the purpose of selling or speculation," noting that "the liquidity crisis and fears of paying the salaries of employees and retirees also affect the movement of the market and their ability to purchase imported goods."

Nouri explained that "changing the dollar exchange rate is one of the tasks of the Central Bank of Iraq, in accordance with its monetary policy and in coordination with the Ministry of Finance, which is responsible for fiscal policy," noting that "this file has not been fully clarified within the new ministerial formation."  link

 

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

News, Rumors and Opinions Wednesday 5-20-2026

Ariel:  1:1 Would be the Start

5-20-2026

How Many Times Have I Told You All That 1:1 Would Be The Start?

Ask yourself if that is what they come out the gate with what could it potentially float to?

And we know 3 months is a bureaucratic timeline. Meaning you can expect it sooner based on Iran (75%) complete. And the CLARITY Act.

Ariel:  1:1 Would be the Start

5-20-2026

How Many Times Have I Told You All That 1:1 Would Be The Start?

Ask yourself if that is what they come out the gate with what could it potentially float to?

And we know 3 months is a bureaucratic timeline. Meaning you can expect it sooner based on Iran (75%) complete. And the CLARITY Act.

MajeedKSA: @MazinAlEshaiker  on Iraq TV yesterday Said “ I have met with the federal reserve and I told them about pegging the Iraqi dinar into US dollar, meaning 1:1 and they agreed that it is a smart idea and they will do that in 3 months” I don’t know when he met with them so we can know when the 3 months would expire

Watch on X:  https://x.com/i/status/2056854594919993596‍ ‍https://twitter.com/i/status/2056854594919993596
Source(s):
https://x.com/Prolotario1/status/2056870700212748673

https://dinarchronicles.com/2026/05/20/prolotario-11-would-be-the-start/

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

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

Jeff  The whole reason the central bank has not allowed Iraq to revalue is simply because of the political corruption.  The political corruption has been the delay of the rate change this entire time.  The #1 delay.  That's the reason...That's why the banking reforms are coming forward after the rate changes...They have 150+ laws. The HCL is one of the 150.  The new 2026 budget is one of the 150 laws.  All of these 150+ laws are coming forward after the rate changes...

Stephen  They're being as transparent as I've ever seen before.  Iraq has never been a truthful country.  They have always lied about what they're doing.  You know, one week the USA is saying we're withholding dollars from them.  Iraq says, no, that's not true.  And then the following day it comes out, oh, it's true...But now the USA is directly involved.  The Trump administration is directly involved and controlling what they do.  It's nothing short of exciting.  If you're a dinar investor then I'm hoping You are excited too.

Thom   Question: "IF the value is "low" (1:1 or anything < ~$3), would you go ahead & exchange, or do you see any benefit in waiting a short period?  I don't want to be anxious & exchange low then it increases in days."   Thom:  It depends. The CBI and other Arab nations have a history of making an announcement of a new rate and then later that day it is effective immediately.   Iraq has already done this a handful of times. So, when IQD goes, I am going the first chance I get.  [Dinar Guru Note:  Consult your financial and asset protection advisors to determine the ideal exchange strategy for your unique circumstances.]

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

THE BIGGEST WEALTH TRANSFER IN HISTORY

GoldSwitzerland by Von Greyerz and Investor Talk:  5-20-2026

Why does Egon believe paper assets could lose 90–95% against gold?

 In this interview, Egon von Greyerz and Jan Kneist (of Investor Talk) discuss the growing gap between financial assets and real assets like gold and silver.

Egon explains why weak state finances and inflated stock markets could bring a big shift back into physical assets (something he believes has already started).

He also shares why he sees gold as long-term wealth preservation rather than speculation.

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



Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Morning 5-20-26

Good Morning Dinar Recaps,

Global Debt Fears, Currency Pressure, and Energy Shocks Push Financial System Toward a New Stress Point

Surging bond yields, weakening emerging market currencies, and persistent oil volatility are intensifying concerns about the stability of the global financial system.

Good Morning Dinar Recaps,

Global Debt Fears, Currency Pressure, and Energy Shocks Push Financial System Toward a New Stress Point

Surging bond yields, weakening emerging market currencies, and persistent oil volatility are intensifying concerns about the stability of the global financial system.

 Overview

Today’s financial headlines reveal a growing convergence of pressures impacting the global economy at once: rising sovereign debt costs, inflation fears, currency instability, and geopolitical disruption tied to energy markets.

Global bond markets are experiencing another wave of selling as investors increasingly fear that prolonged oil shocks and geopolitical instability could force central banks to keep interest rates elevated much longer than expected.

At the same time, emerging market currencies — particularly among major BRICS economies — are coming under severe strain as capital flows move back toward the U.S. dollar and Treasury markets.

The developments are reinforcing broader concerns surrounding the long-term sustainability of the current debt-based monetary system and accelerating discussions around a potential global financial reset.

Key Developments

1. Global Bond Yields Continue Surging Across Major Economies

Government bond yields climbed again today across the United States, Europe, Japan, and the United Kingdom as investors demanded higher returns to offset inflation and geopolitical risks.

The U.S. 30-year Treasury yield recently surged above 5.1%, its highest level since before the 2008 financial crisis, while Japanese and European yields also reached multi-decade highs.

Markets are increasingly worried that rising oil prices and supply disruptions tied to the Iran conflict could trigger another prolonged inflation cycle, limiting central banks’ ability to cut rates.

Analysts warned that higher borrowing costs could create enormous strain for governments already carrying historically high debt loads.

2. BRICS and Emerging Market Currencies Face Mounting Pressure

The Indian rupee hit a new record low near 97 per U.S. dollar today as oil prices and rising Treasury yields intensified stress on emerging market currencies.

Indonesia’s rupiah also remains under heavy pressure despite central bank intervention measures.

Investors are increasingly pulling capital toward U.S. dollar assets as rising yields and geopolitical instability reduce appetite for emerging market risk.

The situation highlights a growing contradiction in the global system:
while BRICS nations continue discussing de-dollarization strategies, many developing economies remain highly vulnerable to dollar strength, oil pricing, and external debt pressures.

3. Oil Markets Remain the Central Driver of Financial Instability

Oil prices stayed elevated near $110 per barrel amid continued uncertainty surrounding Iran and the Strait of Hormuz.

The prolonged disruption of one of the world’s most important energy corridors is now feeding directly into:

  • inflation expectations,

  • bond market volatility,

  • currency weakness,

  • and global trade uncertainty.

Financial institutions warned that energy market instability is now becoming deeply embedded into broader macroeconomic conditions rather than remaining a temporary geopolitical shock.

4. Investors Increasingly Fear a Global Spending Crunch

Several financial analysts warned today that rising yields may eventually force governments, corporations, and consumers to reduce spending significantly.

Higher rates increase the cost of:

  • government borrowing,

  • mortgages,

  • infrastructure financing,

  • corporate expansion,

  • and consumer credit.

This creates the risk of a broader slowdown while inflation remains elevated — a scenario many economists associate with stagflation.

Markets are also beginning to question whether central banks can continue supporting debt-heavy economies without damaging currency credibility or reigniting inflation.

Why It Matters

Today’s developments reinforce that the world economy is entering a period of structural financial strain rather than temporary market volatility.

The combination of:

  • elevated debt,

  • higher-for-longer interest rates,

  • geopolitical fragmentation,

  • commodity disruptions,

  • and weakening confidence in fiat systems

is creating pressure points throughout the global financial architecture.

Why It Matters to Foreign Currency Holders

For foreign currency holders and global reset observers, these developments are important because they highlight:

  • the growing fragility of sovereign debt markets,

  • the continued dominance of energy in global monetary systems,

  • the vulnerability of emerging market currencies,

  • and the increasing shift toward multipolar economic structures.

Central banks may increasingly be forced to balance inflation control against debt sustainability and economic stability — a balancing act becoming more difficult by the month.

Implications for the Global Reset

  • Pillar 1: Sovereign Debt Stress

Rising bond yields are making debt servicing increasingly expensive worldwide, threatening long-term fiscal stability.

  • Pillar 2: Energy-Driven Financial Realignment

Oil and shipping disruptions tied to the Strait of Hormuz are once again proving how closely global finance depends on energy security.

  • Pillar 3: Pressure on Emerging Market Currencies

Currency instability across BRICS and emerging economies may accelerate efforts to diversify reserves and payment systems away from traditional Western channels.

  • Pillar 4: Central Bank Credibility Under Pressure

Markets are increasingly testing whether central banks can maintain financial stability without triggering either runaway inflation or severe economic contraction.

The global system is showing signs of strain across debt, energy, currency, and trade simultaneously — conditions that historically precede major financial realignments.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~ 

 🌱 A Message to Our Currency Holders🌱

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

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

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

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

That is not your failure.

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

Instead, we focus on:

• Verifiable developments • Institutional evidence

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

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Wednesday Morning 5-20-26

The Judiciary Overturns The Decision To Impose (Service Fees) On Telecommunications Companies.

Money and Business   Economy News – Baghdad   The Supreme Judicial Council announced on Wednesday the issuance of a decision to overturn the Communications and Media Commission's decision to impose fees on mobile phone companies under the guise of "service charges."

The Judiciary Overturns The Decision To Impose (Service Fees) On Telecommunications Companies.

Money and Business   Economy News – Baghdad   The Supreme Judicial Council announced on Wednesday the issuance of a decision to overturn the Communications and Media Commission's decision to impose fees on mobile phone companies under the guise of "service charges."

A statement from the judiciary, received by "Al-Eqtisad News," indicated that "the Supreme Judicial Council issued a decision to overturn the Communications and Media Commission's decision to impose fees on mobile phone companies under the guise of 'service charges,' following a review of the appeal submitted by the authorized director of the Atheer Telecommunications Company's branch in Iraq."

Judge Iyad Mohsen Dhamad, head of the Appeals Board responsible for reviewing appeals against decisions of the Communications and Media Commission, explained, according to the statement, that "the 20% fee imposed on recharge cards and electronic applications is in reality a sales tax, not a service charge."

He emphasized that "the imposition of taxes and fees is the exclusive prerogative of the legislative authority, according to Article 28/First of the Iraqi Constitution, which prohibits their imposition except by law."

Judge Dhamad pointed out that "the Media and Communications Commission based its decision on a directive issued by the Council of Ministers during the caretaker period," stressing that "a caretaker government does not have the legal authority to issue decisions that impose new financial burdens on citizens."

He affirmed that "the contested decision lacked a proper legal basis, which necessitated its annulment and the cancellation of its legal effects. The decision was issued finally and unanimously in accordance with the provisions of Section (6/8) of Order (65) of 2004." https://www.economy-news.net/content.php?id=69309

Advisor To The Association Of Banks: Proposes To The Government An Institutional And Structural Reorganization Of The Management Of Finance, Oil, Investment And Development

Money and Business     Economy News – Baghdad   On the occasion of the new government assuming the leadership of Iraq in extremely complex economic and financial circumstances, and suffering from a clear liquidity crisis, the primary cause of which is the reliance on oil as a primary source of the general budget and the inability of the Ministry of Oil to secure the necessary export channels to continue exporting after the closure of the Strait of Hormuz.

In an interview with "Economy News," Samir Al-Nassiri, advisor to the Association of Iraqi Private Banks, suggested to the government, as it begins its first hundred days in office, that it should restructure and reorganize its economic files and sectors in finance, oil, investment and development by setting strategic goals to overcome the effects of the economic and financial crisis and absorb its repercussions in the short and long term.

Al-Nassiri called for strengthening the Financial Stability Council with advisors with expertise in fiscal policy, monetary policy, strategic planning and crisis management, and establishing an operations room to manage the oil sector, and in particular the management of the affairs of the Ministry of Oil, headed by the Prime Minister and with the membership of executive representatives from the Ministries of Finance and the Central Bank and specialized advisors, and following up on the procedures of the Ministry of Oil and SOMO, which are considered responsible for their inability to seek to secure external export channels to continue and sustain our oil exports after the closure of the Strait of Hormuz, which greatly harmed our national economy.

He pointed to the necessity of establishing the Supreme Council for Investment and Development, chaired by the Prime Minister and with the membership of the Ministries of Finance, Planning, Housing and Reconstruction, the Central Bank, the Head of the National Investment Commission, a representative of the Private Sector Development Council, and the Head of the Contractors Union.

The Council would be responsible for drawing up the investment map for the country in all economic sectors and involving the private sector in financial financing and implementation processes with the participation of private capital and with sovereign government guarantees and protection of laws that reassure the private sector, with the aim of achieving a real transition from the old economy to a market economy. https://www.economy-news.net/content.php?id=69302

The Prime Minister And The Turkish Ambassador Emphasize Mutual Cooperation In Various Fields

Money and Business   Economy News – Baghdad   Prime Minister Ali Faleh al-Zaidi and the Turkish Ambassador to Iraq, Anil Bora Inan, affirmed their commitment to mutual cooperation and its enhancement across various fields during a meeting held on Wednesday.

The Prime Minister's Media Office stated in a press release received by "Al-Eqtisad News" that "Prime Minister Ali Faleh al-Zaidi received the Ambassador of the Republic of Turkey to Iraq, Anil Bora Inan."

The meeting addressed ways to strengthen bilateral relations and emphasized mutual cooperation and its advancement in various sectors, particularly in oil exports, water management development, the strategic development road project, and security coordination, all in service of the shared interests of both countries.

According to the statement, the meeting also reviewed "efforts aimed at de-escalating tensions in the region and stressed the importance of supporting negotiations between the United States and Iran, adopting diplomatic solutions and dialogue to ensure the sustainability of security and stability in the region and the world."https://www.economy-news.net/content.php?id=69317  

Parliamentary Legal Committee: Proceeding with amending the traffic law to address the doubling of fines

Money and Business   Economy News – Baghdad   The parliamentary legal committee revealed the possibility of addressing previous traffic fines through the Cabinet's authority to write off government debts, while confirming the continuation of amending the traffic law to address the doubling of fines and the mechanism for calculating traffic camera violations

Member of the Parliamentary Legal Committee, Muhammad Jassim Al-Khafaji, told the official newspaper, as reported by “Al-Eqtisad News”, that traffic fines have become a real harm to many citizens, especially since a large number of them own vehicles and have accumulated large sums of money,” indicating that “the committee is proceeding with amending the traffic law to address the doubling of the fine and a number of problems related to this file.”

Al-Khafaji explained that previous fines, i.e., those incurred before the amendment was approved, cannot be addressed by new legislation except with the government's approval. He pointed out that the clear solution lies in the Cabinet's authority to extinguish these debts, since the fines owed by the citizen are considered a government debt, and the government can request their cancellation or waiver.

He added that the amendment will include obligating the General Traffic Directorate and the Ministry of Interior to address the issue of fines resulting from traffic cameras, although it is a technical detail, but the large number of complaints necessitates a clear legal solution for it.

Al-Khafaji described the amount of fines announced by the Traffic Directorate, which amounted to 162 billion dinars during the past year, as arbitrary and unfair to citizens, stressing that the anticipated amendment to the Traffic Law must balance between applying the law and protecting citizens from unfair fines. https://www.economy-news.net/content.php?id=69304

Al-Zidi Directs Follow-Up On The File Of Increasing The Volume Of Oil Exports And Diversifying Export Outlets.

energy   Economy News – Baghdad   Prime Minister Ali Faleh al-Zaidi directed on Wednesday that efforts be made to increase the volume of oil exports and diversify export outlets.

His media office stated in a statement received by “Al-Eqtisad News” that “Prime Minister Ali Faleh Al-Zaidi paid a visit today, Wednesday, to the headquarters of the Ministry of Oil in Baghdad, during which he chaired a meeting of the ministry’s senior staff, in the presence of the Ministers of Oil and Foreign Affairs and the Director of the Prime Minister’s Office.”

The statement added that "Al-Zidi listened to a briefing presented by the Minister of Oil on the progress of work on the ministry's projects, especially regarding procedures for addressing the crisis of the closure of the Strait of Hormuz and the cessation of oil exports. He also reviewed the ongoing associated gas projects and highlighted the most prominent challenges facing the progress of work on them."

He added that "the meeting addressed the issue of oil exports and finding diverse export outlets, the mechanism for implementing Cabinet decisions in this regard, as well as discussing the procedures of the Ministry of Foreign Affairs regarding following up on agreements concluded with a number of neighboring countries to export oil by land."

https://www.economy-news.net/content.php?id=69314

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

Jon Dowling, John Michael Chambers & Rob Cunningham: Wealth Transfer Updates MAY 2026

Jon Dowling, John Michael Chambers & Rob Cunningham: Wealth Transfer Updates MAY 2026

5-18-2026

The global financial landscape is currently undergoing a period of profound transformation. As traditional systems face unprecedented scrutiny, new discussions are emerging regarding the potential for a more transparent, technology-driven economic future.

 A recent, insightful discussion hosted by John Michael, featuring experts John Dowling and Rob, delves into these complex shifts, exploring how emerging technologies and geopolitical realignments are shaping the next chapter of global commerce.

Jon Dowling, John Michael Chambers & Rob Cunningham: Wealth Transfer Updates MAY 2026

5-18-2026

The global financial landscape is currently undergoing a period of profound transformation. As traditional systems face unprecedented scrutiny, new discussions are emerging regarding the potential for a more transparent, technology-driven economic future.

 A recent, insightful discussion hosted by John Michael, featuring experts John Dowling and Rob, delves into these complex shifts, exploring how emerging technologies and geopolitical realignments are shaping the next chapter of global commerce.

At the heart of this conversation is the potential transition toward a new monetary order.

 The experts explore the idea of moving away from historical fiscal models toward a system anchored by sound money and enhanced by blockchain technology.

By leveraging decentralized ledgers—specifically highlighting the efficiency of the XRP ledger—the discussion suggests a future where peer-to-peer transactions become more direct, potentially reducing the need for traditional intermediaries and the associated fees that have long characterized global finance.

The dialogue also touches upon significant structural changes within government financial institutions. The contributors discuss potential shifts in leadership and legislative initiatives, such as the Clarity Act, which reflect a growing focus on accountability and transparency.

There is a strong emphasis on the objective of creating a more streamlined economic environment where federal tax structures are re-evaluated, and fiscal resources are directed more effectively toward public utility and sovereign prosperity.

Geopolitically, the experts point toward an era characterized by increased international cooperation. By moving away from historical friction and toward a more interoperable, asset-backed digital infrastructure, the discussion posits that nations may find a new common ground.

While the transition may involve periods of market adjustment, the participants remain optimistic about the move toward a system backed by tangible assets like gold and silver, combined with the verifiable nature of blockchain technology.

Ultimately, this shift represents a move toward greater individual sovereignty and financial clarity. As these historic changes unfold, the experts encourage viewers to prioritize financial literacy and take an active role in understanding decentralized asset custody.

 For those interested in a deeper dive into these economic theories and the potential for a new era of global finance, the full commentary from Jon Dowling offers a comprehensive look at the road ahead. Staying informed is the first step toward navigating the evolving global economy with confidence.

https://www.youtube.com/watch?v=Zq0yvvwK08k

https://dinarchronicles.com/2026/05/19/jon-dowling-welcome-to-the-new-monetary-system/


Read More