Good Afternoon Dinar Recaps

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

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

Good Morning Dinar Recaps,

Hormuz Crisis Deepens as Pakistan Mediates U.S.-Iran Talks and U.S. Navy Warns of Operational Limits

Rising tensions surrounding the Strait of Hormuz are intensifying fears of a prolonged global energy shock, while diplomatic efforts race to prevent further economic and military escalation.

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

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

Good Evening Dinar Recaps,

China Expands Diplomatic Influence as Xi’s Possible North Korea Visit Signals Regional Realignment

Beijing appears to be strengthening its strategic position across Asia and the Middle East as geopolitical tensions and global energy instability continue reshaping the international order.

Washington Sanctions Lebanese Officials In Hezbollah Crackdown

2026-05-21 Shafaq News- Washington/ Beirut   The United States on Thursday sanctioned Lebanese lawmakers, security officials, and Iran’s ambassador to Beirut over alleged support for Hezbollah.

The sanctions targeted Hezbollah MPs Mohammad Raad, head of the group’s parliamentary bloc, Hassan Fadlallah, and Amin Sherri, as well as Ambassador Mohammad Reza Raouf Sheibani and several Lebanese security and financial figures accused by Washington of using their positions to support Hezbollah and undermine Lebanese sovereignty.

Good Morning Dinar Recaps,

Oil Shock, AI Rivalry, and Global Debt Pressures Collide as Financial System Faces New Strains

Rising geopolitical tensions, surging energy prices, and intensifying U.S.-China competition are placing fresh pressure on the global financial system and accelerating the shift toward a more fragmented economic order.

Oil Prices Rally Following US Strategic Reserves Drop

2026-05-21   Shafaq News   Oil prices edged up on Thursday, paring some previous losses as investors monitored peace talks between the U.S. and Iran, while supply tightness and U.S. inventory drawdowns provided some support.

Brent crude futures rose 78 cents, or 0.74%, to $105.80 a barrel by 0341 GMT, and U.S. West Texas Intermediate futures were up 84 cents, or 0.85%, at $99.10.