Japan Just Forced the US into an Impossible Choice

Japan Just Forced the US into an Impossible Choice

Taylor Kenny:  8-11-2026

Japan’s currency crisis may be exposing a much bigger problem for the U.S. The largest foreign holder of U.S. Treasuries—faces mounting pressure at the same time America is approaching $40 trillion in debt. So what happens if Japan needs cash and starts selling Treasuries?

The global financial system is currently experiencing subtle yet profound shifts that could redefine wealth preservation for years to come.

Recent movements in foreign exchange markets—specifically an unprecedented intervention by the United States to support the Japanese yen—have signaled deeper structural vulnerabilities within the international monetary framework. What initially appeared to be a routine diplomatic or financial courtesy is, upon closer inspection, a strategic move driven by mutual economic survival.

Understanding these macroeconomic developments requires looking beyond daily headlines to examine the interconnected mechanisms of sovereign debt, foreign reserves, and global currency stability.

In a rare move not seen on this scale in over three decades, monetary authorities in the United States recently intervened in currency markets to help stabilize the Japanese yen. By liquidating a portion of its euro reserves, the U.S. actively supported Japan’s currency, which has been under severe downward pressure due to widening interest rate differentials.

This intervention was not merely an act of international goodwill. Japan is currently the largest foreign holder of U.S. sovereign debt. However, with a domestic debt load roughly double the size of its economy, Japan faces immense pressure to defend its currency. Without external support, Japan would likely be forced to liquidate significant holdings of U.S. Treasuries to raise the capital necessary to back the yen.

The prospect of Japan selling off massive tranches of U.S. government debt presents a serious challenge for Washington. The U.S. bond market relies heavily on consistent demand from foreign central banks to absorb its ongoing debt issuance. If major buyers like Japan pause their purchases—or actively flood the secondary market with existing Treasuries—it creates a supply-and-demand imbalance.

When demand for sovereign debt falls, bond yields (and consequently, interest rates) must rise to attract new buyers. Higher interest rates increase borrowing costs across the entire economy, from mortgage rates to corporate debt, while simultaneously making it far more expensive for the U.S. government to service its own national debt, which is fast approaching the $40 trillion threshold.

To prevent rates from spiking uncontrolled, the Federal Reserve could ultimately be forced to intervene as the buyer of last resort, expanding its balance sheet and potentially accelerating inflationary pressures.

For decades, the U.S. dollar has enjoyed the distinct advantage of being the world’s primary reserve currency. This global demand for dollars has effectively exported domestic inflation, allowing the U.S. to carry high levels of public debt without immediate, runaway price increases at home.

However, as global trade patterns evolve and geopolitical dynamics shift, trust in the long-term stability of fiat-based debt systems is being tested. Central banks around the world are increasingly scrutinizing the risks associated with holding large reserves of foreign sovereign debt. When national debts balloon without a clear path toward fiscal balance, global confidence in the purchasing power of paper currencies naturally wanes.

As international confidence in traditional fiat models faces headwinds, central banks and institutional investors are quietly reallocating capital. Rather than relying solely on paper assets and sovereign debt, there is a growing pivot toward tangible, non-counterparty assets—most notably physical gold.

Physical precious metals have historically served as a foundational hedge during periods of monetary transition and currency debasement. Unlike sovereign bonds, physical gold carries no credit risk and cannot be diluted through monetary expansion. The systemic shifts currently taking place highlight the importance of risk management and portfolio diversification outside of purely dollar-denominated financial instruments.

The recent currency interventions and bond market tensions serve as an early warning signal of broader structural adjustments within global finance. As debt levels rise and traditional currency relationships face stress, proactive financial planning becomes essential for safeguarding capital. Diversifying into physical assets and reducing over-reliance on a single currency system remain prudent strategies for navigating an uncertain economic landscape.

CHAPTERS:

00:00 Japan Just Forced the U.S. Into an Impossible Choice

00:55 Japan Is the Largest Foreign Holder of U.S. Debt

01:55 Why the Dollar’s Reserve Status Matters

02:24 The Debt Doom Loop Is Accelerating

03:52 What Happens If Japan Starts Selling U.S. Treasuries?

04:50 Why the U.S. Currency Intervention Was So Unusual

05:49 The Bigger Threat: Other Countries Could Follow

07:17 The U.S. Is Running Out of Good Options

08:42 Why Physical Gold and Silver Matter

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

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 8-12-26

Good Afternoon Dinar Recaps,

Cooling Inflation, Rising Debt Costs: The Fed Faces a New Policy Dilemma

U.S. inflation is easing toward the Federal Reserve’s target while record government interest costs increasingly complicate the path for monetary and fiscal policy.

OVERVIEW

• U.S. inflation is cooling: July CPI eased to 3.4%, while core CPI fell to 2.5%, strengthening the case for the Federal Reserve to avoid additional tightening.

• The debt burden is moving in the opposite direction: Interest payments on U.S. public debt have reached approximately $1.37 trillion over the past year, creating increasing pressure on the federal budget.

• The emerging dilemma is becoming more important: Lower inflation could give the Fed room to hold or eventually reduce rates, but high borrowing costs and record debt-service expenses make the cost of maintaining restrictive rates increasingly significant.

KEY DEVELOPMENTS

1. July Inflation Shows Further Cooling

The latest CPI data provide evidence that underlying inflation pressures are moderating. Headline CPI rose 3.4% year-over-year, down from 3.5% in June, while the monthly increase was just 0.1%.

Core CPI, which excludes food and energy, declined to 2.5%, its lowest level since February 2026. That remains above the Fed’s 2% target, but the direction is favorable for policymakers.

2. The Fed May Have More Room to Hold Rates Steady

The softer inflation reading has reduced expectations for another immediate rate increase. Market expectations are increasingly shifting toward the possibility that the Federal Reserve holds rates steady rather than tightening further.

If additional inflation reports confirm the trend, policymakers could eventually have greater flexibility to consider lower rates. However, the Fed must balance that possibility against the risk that inflation could remain above target.

3. U.S. Debt-Interest Costs Hit Another Record

While inflation is moving lower, the government's cost of servicing its debt is moving higher.

U.S. public-debt interest expenses have reached approximately $1.37 trillion over the past year, with interest payments reportedly increasing 10.5% year-over-year.

The average interest rate on marketable U.S. debt was approximately 3.411% as of June 2026, illustrating why even modest changes in borrowing costs can have enormous fiscal consequences.

4. Debt Service Could Become a Larger Budget Constraint

If current trends continue, annual federal interest expenses could eventually surpass Social Security as the largest individual component of federal spending.

That does not mean such an outcome is inevitable, but it highlights the structural problem: as older, lower-rate Treasury debt matures and is refinanced at higher rates, the government's interest burden can continue rising even without a dramatic increase in total debt.

5. Markets Must Reconcile Two Opposing Signals

The financial system is therefore receiving two very different signals.

Inflation is providing the Fed with greater policy flexibility, while the enormous stock of outstanding government debt makes higher interest rates increasingly expensive for the Treasury.

That tension could become increasingly important as investors assess the future direction of Treasury yields, federal borrowing, monetary policy and the dollar.

WHY IT MATTERS

The significance extends beyond the latest CPI report.

For the economy, cooling inflation improves household purchasing power and reduces pressure on businesses and consumers. But elevated government interest costs divert increasing amounts of federal revenue toward servicing existing obligations rather than funding other priorities.

For financial markets, the combination creates a difficult pricing environment. Investors must determine whether declining inflation will eventually produce lower interest rates or whether the scale of government borrowing will keep pressure on Treasury yields.

For Federal Reserve policy, the situation is particularly complicated. The Fed wants inflation to return sustainably to 2%, but maintaining restrictive rates for too long also increases the government's financing costs and can tighten financial conditions across the economy.

For the global financial system, the issue is even larger because U.S. Treasury securities remain a core component of global reserves, collateral markets and international investment portfolios.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Dollar value: Changes in U.S. interest-rate expectations can influence global demand for dollars and affect exchange rates.

• Purchasing power: Lower inflation could support U.S. purchasing power, while continued fiscal deficits and rising debt-service costs create longer-term concerns about monetary and fiscal stability.

• Capital flows: Investors may continue moving capital toward U.S. assets if Treasury yields remain attractive, but persistent fiscal pressures could eventually influence how global investors allocate reserves.

• Exchange rates: A shift from expectations of higher U.S. rates toward eventual rate reductions could change relative currency valuations and alter capital flows between the dollar and other major currencies.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Debt

The clearest structural signal is the growing cost of servicing U.S. government debt. $1.37 trillion in annual interest expense demonstrates how the level of outstanding debt interacts with interest rates to create a rapidly expanding fiscal obligation.

This is important to the broader financial system because the U.S. Treasury market serves as a foundation for global borrowing, collateral and reserve management. Rising debt-service costs therefore represent more than a domestic budget issue.

• Pillar 2: Assets

The relationship between inflation, interest rates and Treasury yields directly affects the valuation of bonds, equities, currencies, gold and other major assets.

If inflation continues falling, markets may increasingly anticipate lower rates, potentially supporting bonds and rate-sensitive assets. But if investors become more concerned about the sustainability of U.S. borrowing, Treasury yields could remain elevated even as inflation declines.

That tension is an important structural signal for global asset allocation.

CONCLUSION

The latest economic data present a striking contrast: inflation is moving in the direction the Federal Reserve wants, while the cost of America's debt is moving in the opposite direction.

That creates a growing policy dilemma. Lower inflation gives the Fed greater flexibility, but the enormous size of the federal debt means that prolonged high interest rates carry increasingly significant fiscal consequences.

The important question is no longer simply whether inflation is falling. Markets must also determine how the United States manages its debt burden while maintaining confidence in the Treasury market and the dollar.

The financial system is entering a period where the cost of money and the cost of debt can no longer be viewed separately.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

• Crypto Briefing — "US Inflation Falls to 3.4% in July 2026"

• Crypto Briefing — "US Public Debt Interest Hits Record $1.37T"

~~~~~~~~~~

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Thank you Dinar Recaps

Ariel: The Crash of Fiat and the Iraqi Dinar RV

Ariel:  The Crash of Fiat and the Iraqi Dinar RV

8-11-2026

The Crash Of Fiat: Locking Up Liquidity & Transferring The Wealth Of The Ages (End Of C***l)

We Are Going To Dive Right Into It Folks

Iraqi Dinar RV & The $80 Oil Peg:

Iraq is the keystone. Deleting the three zeros was said to require the Clarity Act to codify the asset-backed status into US law, preventing the Cabal from legally challenging the revaluation through their once captured SEC and judiciary. But we know that not the case.

As I explained in my X account. $80 oil ensures Iraq’s state revenue balances against the newly revalued dinar, allowing them to float a hard asset currency without hyperinflating their domestic economy.

The RV cuts the Iranian Rial off from its primary black-market dollar exchange (the Dinar), starving the Deepstate’s proxy funding. Remember, the Cabal wanted this at 200 a barrel.

So now you all know that we are about to get Crypto/Digital Rules from The SEC. Before congress comes back I presume.

THE FLIP: XRP, GOLD, & THE EXTENT OF THE CRASH:

The extent of the crash is Total Systemic Illiquidity. The fiat system does not correct; it freezes. SWIFT goes dark. CBDCs backed by nothing fail. The Cabal’s banks JPM, Citi, BofA find their ledgers empty because the underlying assets (mortgages, derivatives) are recognized as null and void under the new legal framework (Clarity Act + EOs).

The XRP Mechanism: XRP is not a cryptocurrency; it is the bridge liquidity vehicle for the ISO 20022 standard. When the switch flips, XRP is pegged to a physical gold reserve (likely the hoard audited and repatriated under military oversight).

The price is set algorithmically to absorb the total volume of global cross-border trade. The math requires a high price thousands per token to function as the institutional bridge without liquidity friction.

The Intended Sequence Of Events:

1. Crash: SWIFT failure, market closure, Cabal banks locked out of Fed window.

2. Isolate: Cabal capital trapped in old ledger, inaccessible, rendered valueless.

3. Flip: New ledger (XRP/XLM) goes live. Gold peg established.

4. RV: Dinar revalues simultaneously, syncing to the new asset-backed standard.

Read Full Article:
https://www.patreon.com/Prolotario1/posts/crash-of-fiat-up-166415050

https://dinarchronicles.com/2026/08/11/prolotario-the-crash-of-fiat-and-the-iraqi-dinar-rv/

News, Rumors and Opinions Wednesday 8-12-2026

Reset Intelligence: A Budget for What Rate?

8-11-2026

A Budget for What Rate?

By Reset Intelligence | @EXIT_FIAT

Iraq has started writing the next law that must name the dinar’s exchange rate – and the central bank is sitting at the drafting table.

The same week, a US senator walked out of Fort Knox and confirmed every ounce of gold is there. Then he said the dollar lost 85% of its value anyway.

The Budget File Reaches the Top Table

On Monday, Prime Minister al-Zaidi personally chaired a session with parliament’s finance committee, Finance Minister al-Sari, and Central Bank Governor Nizar Nasser Hussein. The subject: Iraq’s 2027 federal budget, the first in the country’s history built program-and-performance based. In Iraq, the exchange rate is written into the budget law. The 1,300 sits in the 2023 law, and no law since has replaced it. Iraq never passed a 2026 budget at all.

• The calendar – drafted and sent to parliament in September, endorsed and released in October, per the PM’s own financial adviser

• The door closed on camera – the government spokesman confirmed Iraq has not resorted to external borrowing, leaving the two options state TV repeats nightly: borrow from Iraqi banks, or take the three zeros off the notes

• The old books – former Finance Minister Taif Sami, who kept Iraq’s ledger for the entire life of the 2023 law, was placed on a judicial wanted list 2 days before the meeting

• The gold – central banks bought a record 289 tonnes last quarter; Iraq’s own bank holds roughly 175 tonnes, a quarter of its total reserves

• Fort Knox – Senator Rand Paul confirmed the full 147 million ounce stockpile, then pointed at the 85% the dollar lost since it was cut loose from that metal

Here is the question that matters, and it is the one everyone gets wrong: does the rate have to wait for the budget to pass in January? Iraq’s own record answers it, and the answer changes how you watch the next 6 weeks. The last time the number moved, the paperwork came 4 months later. The full breakdown of that sequence, and what the CBI can do any morning between now and September, is in today’s briefing.

Read the full daily briefing free for 5 days. Sign up here: resetintelligence.com

Want it straight from the horse’s mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq. Sign up free: resetintelligence.com/rate-alert

The longer story is in the book: Head of the Snake. The free reference layer is here: The Library.

Follow the daily intel free: Telegram · Facebook · Spotify · Odysee

The budget that names the rate is being written now. The only question history will ask is who saw it while it was actually happening.

https://dinarchronicles.com/2026/08/11/reset-intelligence-a-budget-for-what-rate/

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

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

Reset Intelligence  This week a United States senator Rand Paul walked into the most famous vault on earth [Fort Knox] and settled a half century argument "the gold is there."  All 147 million ounces... The metal never moved.  And the dollar lost 85% of its value anyway.  That is what happens to money with no backing. Nixon's moment and the endless printing did the damage...Now the gold is being counted again. The world is heading back to the gold standard, and the US is leading the way. Baghdad is already positioned, 175 tonnes deep, writing the budget law that names the dinar's next rate.

Frank26  Iraqi citizens repeat after me - We are lifting the value of your currency.  We are lifting the three zeros from your exchange rate.  The 25K note will become a 25 dinar note.  $100 is about 150,000 dinar.  We are going through a currency redenomination.  It's to simplify transactions and to strengthen the confidence in Iraqi citizens on your currency. 

 Walkingstick   [Iraqi bank friend Aki update] WALKINGSCICK:  Aki, do you have any LDs?   AKI:  No, I don't have any lower denominations. I have no needs for lower denominations.  WALKINGSTICK:   When I come to your bank, you're going to take my dinars and give me American dollars in my account right?   AKI:   Yes, I will take care of you in conversion electronically.  I will convert your IQDs into the USDs. 

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

The Fed has Lost Control of Interest Rates

VRIC Media:  8-11-2026

Christopher Whalen of Whalen Global Advisors, LLC and publisher of The Institutional Risk Analyst argues that investors may be overlooking one of gold’s most important signals: credit default swaps on U.S. government debt. He explains why rising concern over America’s creditworthiness can strengthen the case for gold, why long-term interest rates may remain elevated even if short-term rates fall, and why inflation is likely to remain a persistent problem.

Whalen also discusses the dollar’s changing role in global reserves, the risk of inflating away U.S. debt, and why he expects a significant reset in housing and parts of the stock market.

0:00 The overlooked indicator driving gold

1:02 Why the Fed may keep rates unchanged

3:22 Short-term rates down, long-term rates higher

5:37 Why mortgage rates could stay elevated

8:38 Whalen’s outlook for gold and silver

11:03 What credit default swaps reveal about U.S. debt

14:14 Why U.S. credit risk can lead gold

16:06 How the dollar’s global role is changing

18:21 Why countries still need U.S. Treasuries

20:30 Diversifying into foreign currencies

23:13 Will America inflate away its debt?

26:05 Why the fiscal problem keeps getting pushed forward

27:31 A potential housing reset in 2028

30:04 Tech valuations and the AI bubble

https://www.youtube.com/watch?v=k802efbalbg

Iraq Economic News and Points To Ponder Late Tuesday Evening 8-11-26

Five Years With Half Pay, And Six Months Without Pay... Parliament Paves The Way For Granting Iraqi Employees A "Long Leave"

  latest news   Tuesday,   August 11, 2026   Baghdad - One News - 8/11/2026   The Iraqi parliament is paving the way for the approval of a new option for state employees, allowing them to obtain a long leave of five years or more in exchange for receiving half of the nominal salary, in addition to a six-month leave without pay.     

The House of Representatives concluded on Tuesday the first reading of a draft law granting employees a long regular leave, in a step that paves the way for moving to the second reading and discussing its articles, before putting it to a final vote.  

According to the proposed law, an employee is entitled, upon his request, to take leave for a period of five years or more, while receiving 50% of his nominal salary for the duration of the leave.  

The proposal also grants the employee the right to cut short the leave and return to his job after half of its duration has passed, without having to wait until the specified period has completely ended.  

The proposal includes another option that allows the employee to take a six-month leave without pay, at his request, with the possibility of interrupting it and returning to work after half of its duration has passed.  

These provisions are still within the framework of a proposed law and have not yet entered into force, as their approval requires the completion of the legislative stages within the House of Representatives and a final vote on them.  

https://1news-iq.net/5-سنوات-بنصف-الراتب-و6-أشهر-بلا-راتب-البر/

Iraq's Coordination Framework Is Weakening, But No Rival Is Ready To Replace It

2026-08-11 / Shafaq News- Baghdad    Iraq's Coordination Framework, the alliance of Shiite parties that has run the country since 2022, is weaker today than at any point since it was assembled. It is also, for now, the only game in Baghdad, and that pairing —a governing bloc losing its grip while facing no one able to take its place— explains more about where Iraqi politics is heading than any single quarrel inside it.

  The Framework was not designed to be a party, or even a permanent coalition. It formed in 2021 for one purpose: to prevent Muqtada al-Sadr, the populist Shiite cleric whose list had won the most seats, from building a majority government that would have pushed the Iran-aligned parties out of power. Isam al-Faili, a professor of political science at Baghdad's Mustansiriyah University, describes an alliance that carried an unclear label from the day it was born and has only ever been a gathering of forces that agree on very little.    

Read more: Explainer: Iraq’s Coordination Framework and Its Rise to Power

  Hostility to al-Sadr supplied the glue. When he walked away, the glue began to dry. How this alliance holds, or frays, is not a domestic curiosity: it governs a major oil producer, sets the terms of Baghdad's dealings with both Washington and Tehran, and now holds the fate of the armed groups through which Iran projects power across the region.  

Al-Sadr's exit is also the reason the Framework looks so commanding today. He boycotted the November 2025 election outright, and in his absence the Framework's constituent parties returned to the field and claimed roughly 175 of parliament's 329 seats, well above the 130 or so they controlled after the Sadrists quit parliament in 2022.

They reached that total by running apart rather than together —Nouri al-Maliki's State of Law, Qais al-Khazali's Sadiqoon, Ammar al-Hakim's National State Forces, and Mohammed Shia al-Sudani's Reconstruction and Development each contested separately and allied with others.  

Analysts have labeled the tactic-controlled fragmentation: split to harvest the maximum number of seats under an election law the Framework itself redrew to reward large lists, then regroup afterward to name the prime minister and parcel out the ministries.

 It worked cleanly, and in working it exposed the trait that now defines the alliance. The Framework can coordinate with precision when the prize is seats, and hardly at all once the question becomes what to do with them.

  Read more: Exclusive: Coordination Framework split into three factions over armed groups

  What holds it together has narrowed to a single shared interest: keeping hold of the state and everything attached to it —the offices, budgets, and patronage that have organized Iraqi government since the US invasion in 2003.

The discipline this generates is real and easy to underrate. Framework leaders do not turn on one another in public, and when the bloc issues a collective position, none of them steps out to disown it.

That the parties ran as separate lists and then reassembled without a public rupture is itself evidence of coordination, not decay. The unity is genuine at the level of the statement, even when it dissolves the moment anyone tries to act on it.  

 Nowhere is the discipline clearer than in how the Framework picks prime ministers, and nowhere is its dysfunction clearer either. Installing al-Sudani in 2022 took just over a year, the longest government-formation deadlock since 2003.

Once in office, he tried to grow a base of his own, and by November 2025 his list had finished first, yet the Framework still refused him a second term, with corruption files trailing him as he was eased aside.

  Read more: The Shiite Coordination Framework: Can govern Iraq, but cannot agree on a prime minister

  Haitham Numan, a professor of political science at Britain's University of Exeter, reads that arc as a lesson the bloc teaches its own premiers: reach for independence and you become a target.

  The search for al-Sudani's successor then stalled for five months. It broke only when US President Donald Trump moved against al-Maliki's bid to return, threatening to cut security cooperation and freezing dollar transfers to Baghdad until the Framework dropped him.

The compromise that emerged was Ali al-Zaidi, a businessman with no party, no faction, and no political record, chosen because he alarmed no one.  

Al-Zaidi was sworn in on May 14 with only 14 of 23 ministers approved; the interior and defense portfolios, the core of the security establishment, sat empty amid disputes the bloc could not settle.

Al-Faili notes that even al-Zaidi was not a settled choice until the final moment. The relationship between the government and its makers is one of mutual dependence rather than separation; the Framework keeps producing weak premiers because a weak premier is the only kind all of its members will tolerate.

  There is one dispute this method cannot swallow, and it is the one now pressing hardest on the alliance. Several Framework members are not only political parties; they also command weapons.

Al-Amiri's Badr Organization is among the largest factions inside the Popular Mobilization Forces, the state-funded umbrella of mostly Iran-aligned armed groups; al-Khazali's Asaib Ahl al-Haq fields both lawmakers and fighters; the Hoqooq movement is widely understood as the political face of Kataib Hezbollah.

So when the Framework authorized al-Zaidi in early June to bring all weapons under state control, presenting the step as a sovereign national decision, some of the figures signing off were being asked to take apart the very source of their leverage.

  Al-Faili observes that arms are handled case by case rather than by any collective ruling of the bloc, and events bore him out within days.  

Asaib Ahl al-Haq and Kataib al-Imam Ali announced they would place their brigades under state authority; Kataib Hezbollah and Harakat al-Nujaba refused, with Kataib Hezbollah professing support while insisting on keeping its drones and missiles. The same fault line runs through the half-empty cabinet, where the security ministries remain contested precisely because they decide who commands the men with guns.  

Driving all of it is outside pressure, Washington's envoy Tom Barrack, the frozen dollar transfers, and a September 30 deadline after which unlicensed weapons are to face legal action.

 The word both camps reach for is sovereignty, though they mean opposite things by it: for the state-first parties it describes a government monopoly on force, and for the resistance factions it describes defiance of American power.  

The timing sharpens everything. A year after the war that left Iran badly weakened and stripped of its allies in Syria and Lebanon, Tehran now leans on Iraq as its most dependable partner, exactly as Baghdad is being pushed to disarm the groups that anchor that relationship.  

Abbas Ghadir al-Jubouri, a researcher on Iraqi political affairs, argues that what looks like erosion is political repositioning rather than retreat, and that the Framework remains the government's sponsor with al-Zaidi its chosen product.

On the matter of form, he is right; nothing on the horizon is poised to unseat the alliance. Numan's reading runs deeper and darker: the Framework stands at its weakest and still rules, held up less by its own strength than by the absence of any figure able to unify the Shiite house, offering what he calls protocol cover in place of real political cover. Both descriptions hold at once.

The Framework is not going to dissolve, and it is not going to be replaced. What is draining out of it is substance.  

The September 30 deadline puts to the alliance the question its whole design was meant to avoid. A coalition assembled to share power can absorb almost any disagreement that money and offices are able to settle.  

Whether it can survive being asked to surrender the weapons that make some of its members powerful in the first place is the test it has spent four years avoiding, and the one it can no longer postpone.  

Written and edited by Shafaq News staff.    

https://www.shafaq.com/en/Report/Iraq-s-Coordination-Framework-is-weakening-but-no-rival-is-ready-to-replace-it

Chief Justice Faiq Zaidan: There Is No Legal Basis For Any Settlement With Corrupt Individuals, And The Judiciary Deals With Corruption Cases According To The Law

latest news Tuesday, August 11, 2026   Baghdad - One News - 8/11/2026   The head of the Supreme Judicial Council, Judge Faiq Zaidan, confirmed that there is no legal basis for settlement agreements with those accused in corruption cases, stressing that the judiciary deals with corruption files in accordance with the law, and there is no decision or intention to adopt settlements with corrupt individuals.  

This came during a meeting between Zaidan and the Secretary of the Iraqi Communist Party, Raed Fahmi, who said in a post on his account on the “X” website that the meeting addressed a number of issues of public concern, most notably combating corruption, restricting weapons to the state, and protecting rights and freedoms.  

Fahmy explained that during the meeting he expressed his full support for the national campaign to combat corruption, and the need for it to be comprehensive, while Zidan confirmed, according to what was reported, that the judiciary is proceeding with dealing with corruption files in accordance with the approved legal frameworks.  

The meeting also addressed the issue of public freedoms, as Fahmy quoted the head of the Supreme Judicial Council as confirming that freedoms are a constitutionally guaranteed right, and that the judiciary distinguishes between exercising the right to expression and cases of insult, slander and transgression, noting that the exercise of freedoms is regulated by laws.  

Regarding the application of the Jaafari law and the problems and complications that accompany it related to the situation of women, Fahmi pointed out that Zaidan spoke about the existence of many observations with the Supreme Judicial Council in this regard, stressing that the task of the judiciary is to apply the law, not to legislate it, considering that legislation is the prerogative of the House of Representatives.  

The Secretary of the Iraqi Communist Party described the meeting as important and frank, noting that it addressed a number of issues related to state-building, establishing the rule of law, and protecting rights and freedoms.    

https://1news-iq.net/ئيس-مجلس-القضاء-الأعلى-القاضي-فائق-زي-4

Seeds of Wisdom RV and Economics Updates Wednesday Morning 8-12-26

Good Morning Dinar Recaps,

U.S. Treasury Market Pressure: Rising Bond Yields Test the Foundation of Global Finance

Higher U.S. borrowing costs are putting renewed pressure on the world’s benchmark bond market, raising questions about debt sustainability, monetary policy and the future structure of global capital flows.

 OVERVIEW

• U.S. Treasury yields remain elevated, keeping borrowing costs high for the federal government, businesses and households while investors reassess the outlook for inflation and Federal Reserve policy.

• The pressure is significant because Treasury securities sit at the center of the global financial system, serving as a benchmark for pricing debt and as a major reserve asset for institutions and central banks worldwide.

• At the same time, foreign investors and global institutions are increasingly watching diversification, currency exposure and alternative reserve assets, adding another layer to the long-term evolution of the international financial architecture.

KEY DEVELOPMENTS

1. Elevated Treasury Yields Keep Debt Costs in Focus

Higher yields mean the U.S. government must pay more to finance newly issued debt and refinance maturing obligations.

The immediate issue is not a sudden crisis, but the long-term compounding effect of higher interest costs as federal borrowing remains substantial.

2. The Treasury Market Remains the Global Benchmark

Treasury securities influence borrowing costs far beyond Washington.

Mortgage rates, corporate bonds, bank financing and sovereign borrowing are all affected by movements in U.S. government bond yields. Stress in the Treasury market can therefore transmit through multiple layers of the global financial system.

3. The Federal Reserve Faces a Difficult Policy Balance

Persistent inflation can limit the Federal Reserve's ability to reduce interest rates, while maintaining restrictive policy for longer can increase pressure on economic growth and financial markets.

Investors are therefore watching inflation data, employment conditions and Fed communications for clues about the future direction of monetary policy.

4. Global Investors Are Watching U.S. Debt Exposure

The Treasury market remains extraordinarily important to global investors, but the combination of high U.S. debt levels, elevated yields and currency considerations has encouraged institutions to examine portfolio diversification and alternative stores of value.

That does not mean the dollar or Treasury market is being replaced. It does mean that the structure of global reserves and capital allocation is receiving greater scrutiny.

5. The Longer-Term Question Is Financial-System Resilience

The most important issue is whether the global financial system can continue absorbing large amounts of government debt while maintaining relatively stable borrowing costs.

If elevated yields persist, governments may face greater pressure to control deficits, manage debt issuance and reconsider the cost of maintaining increasingly large debt burdens.

 WHY IT MATTERS

The Treasury market is not simply another financial market. It is one of the foundations upon which modern global finance is built.

Higher yields increase the cost of capital throughout the economy and can affect government budgets, corporate investment, mortgages, currencies and asset valuations.

For policymakers, the challenge is balancing debt financing, economic growth and inflation control without creating additional instability in the world's most important bond market.

For the global system, sustained pressure could accelerate discussions about reserve diversification, alternative payment networks and changes in the way international capital is allocated.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Currency value: Changes in Treasury yields can influence international capital flows and the relative attractiveness of dollar-denominated assets.

• Purchasing power: Persistent inflation and higher interest costs can affect the purchasing power of currencies and the economic policies used to defend them.

• Capital flows: Investors may move capital between dollars, foreign currencies, bonds, commodities and other assets as interest-rate expectations change.

• Exchange-rate impact: A stronger or weaker dollar can materially change the value of foreign currencies when measured against the U.S. dollar.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Debt

The most direct impact is on global debt sustainability. Higher U.S. Treasury yields raise the cost of financing the world's largest sovereign debt market and can increase borrowing costs elsewhere.

If elevated rates persist, governments may face growing pressure to restructure spending, manage deficits and reconsider how debt is financed.

• Pillar 2: Assets

Treasury-market pressure also affects the global allocation of capital. Investors and central banks continuously evaluate the balance between dollar assets, government bonds, gold and other reserves.

This does not establish that a replacement for the dollar is imminent. However, continued diversification can contribute to a more multipolar global financial architecture over time.

CONCLUSION

The significance of today's Treasury-market pressure extends beyond the daily movement of bond yields. The cost of U.S. government debt increasingly intersects with inflation, monetary policy and the decisions of investors and central banks around the world.

The Treasury market remains the core benchmark of global finance, but its growing debt burden is forcing markets to pay closer attention to the long-term cost of maintaining that position.

For the broader financial system, the important question is not whether the Treasury market suddenly fails. It is whether persistent high borrowing costs gradually encourage governments, investors and central banks to rethink how global capital is structured.

The financial system does not have to break to change — sustained pressure can be enough to reshape it.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

• Reuters — "Global bond markets and rising Treasury yields"

• U.S. Department of the Treasury — "Treasury Securities and Debt Management"

~~~~~~~~~~

 🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

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

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

That is not your failure.

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

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

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

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

Protect your identity. Organize your documents.    Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

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Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

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Thank you Dinar Recaps

Rob Cunningham: XRP Price Before Law v 2.0

Rob Cunningham: XRP Price Before Law v 2.0

8-11-2026

• XRP Price Before Law v 2.0 •

Last Friday’s major institutional question was:

“Why should we expose ourselves to digital assets before Congress tells us exactly what everything is?”

Also the “John Thune would suck in the WNBA, too” week in DC.

Today, the increasingly defensible boardroom question has become:

“Why are we refusing even to prepare for an asset class and financial architecture that the Executive Branch has expressly directed federal regulators to integrate into the traditional financial system?”

EO 14405 & EO 14406 signed on May 19, 2026, now offer a profound inversion of institutional risk, thanks to Lady Thune.

And then comes the Federal Reserve provision, too.

This may ultimately be the most strategically important part of EO 14405.

President Trump specifically requested that the Federal Reserve conduct a comprehensive review of whether uninsured depositories and non-bank financial firms – explicitly including firms (like @Ripple) engaged in digital assets and novel financial activities – can obtain direct access to Federal Reserve payment accounts and services. His EO asks the Fed to analyze legal authority, barriers, risk-management structures and options for expanding access. Where existing law permits access, it asks for transparent application procedures and decisions on complete applications within 90 days.

The institutional message is much bigger than “Trump supports crypto”

EO 14405 does something unusually important for bank boards, investment committees and general counsels: it establishes as formal policy of the United States that federal regulation should permit the integration of digital assets and innovative technology into traditional financial services and payment systems, while removing unnecessary barriers that favor incumbents.

It expressly sweeps in 11 areas:
payments
derivatives
investment management
brokerage
underwriting
capital markets
custody
fiduciary services
securities
commodities and
blockchain-based services

Think about the architectural implication.

For most of crypto’s history, the industry sat outside the monetary fortress, accessing traditional payment infrastructure through banking intermediaries.

EO 14405 asks whether portions of that wall can legally become a door.

It doesn’t grant every crypto company a master account. It does something institutionally significant nonetheless: it moves direct access by digital-financial businesses from something regulators might resist philosophically to something the Federal Reserve has been formally asked by the President to evaluate and justify structurally.

And EO 14406 provides the other half of the institutional equation

This is where the two orders operate almost like a matched pair.

EO 14405 says:

Integrate innovation. Reduce artificial barriers. Examine payment-system access.

EO 14406 says:

Do it while strengthening financial integrity, BSA compliance, customer identification and defenses against illicit finance.

The second order directs Treasury and banking regulators toward stronger risk-based customer due-diligence and customer-identification requirements, while identifying money laundering, trafficking, fraudulent identity structures and unlawful cross-border activity as priorities.

That matters enormously to boards.

Because the strongest institutional argument against digital assets was never merely “crypto is volatile.”

It was:

Regulatory risk + AML risk + reputational risk + counterparty risk + uncertain classification = don’t touch it.

The Administration’s emerging framework is effectively separating those issues:

Innovation is legitimate. Digital assets belong inside regulated finance. Access should be evaluated. Bad actors should be policed aggressively.

That is a much easier proposition for a compliance committee to defend.

Source(s):
• https://x.com/KuwlShow/status/2086963843087904930

https://dinarchronicles.com/2026/08/11/rob-cunningham-xrp-price-before-law-v-2-0/

Seeds of Wisdom RV and Economics Updates Tuesday Evening 8-11-26

Good Evening Dinar Recaps,

BRICS Payment Networks: A New Cross-Border Financial Architecture Takes Shape

BRICS nations are moving toward greater payment-system connectivity while China expands the international role of the yuan, signaling a gradual shift toward a more multipolar financial infrastructure.

 OVERVIEW

• BRICS nations are discussing ways to connect their fast-payment systems and central bank digital currencies (CBDCs) to make cross-border transactions faster and potentially less expensive.

• China is simultaneously advancing the international use of the yuan in trade and investment, adding another layer to the development of alternative financial channels.

• The developments do not establish a replacement for the U.S. dollar, but they do show major emerging economies building greater flexibility into the infrastructure used for international payments and trade.

KEY DEVELOPMENTS

1. BRICS Discusses Connecting National Payment Systems

Reserve Bank of India Governor Sanjay Malhotra said BRICS nations are discussing linking their fast-payment systems and CBDCs as part of efforts to improve cross-border payments.

The discussions are still in an early stage, but the fact that CBDC connectivity is being considered at the BRICS level represents a significant step toward greater interoperability between national financial systems.

2. Lower-Cost Cross-Border Payments Are a Central Objective

The goal is not simply to create another payment network. BRICS officials are examining whether existing national systems can be connected to reduce transaction costs and improve the efficiency of international payments.

For businesses engaged in cross-border trade, faster settlement and lower transaction costs could eventually make local-currency transactions more practical.

3. China Pushes for Greater International Use of the Yuan

China's central bank has separately committed to broadening the international use of the yuan in trade and investment as part of its five-year financial strategy.

The policy reinforces China's effort to increase the currency's role in international commerce while maintaining a stable yuan exchange rate and continuing to open parts of its financial system.

4. The Evidence Points to Infrastructure Diversification

The developments should not be interpreted as proof that BRICS is creating a new currency to replace the dollar.

The more measurable shift is occurring underneath the currency question: countries are developing additional payment rails, digital currencies and settlement mechanisms that could allow international transactions to move through a wider range of systems.

 5. A More Multipolar Payment System Is Emerging

The BRICS discussions are part of a broader global movement toward interoperable digital financial infrastructure.

If these systems eventually move from discussions and pilots into large-scale operation, the global financial system could become more diversified, with multiple interconnected payment networks operating alongside the established dollar-based infrastructure.

WHY IT MATTERS

For the global economy, cheaper and faster cross-border payments could reduce friction in international trade and make transactions between emerging-market economies more efficient.

For financial markets, greater use of local currencies and alternative settlement channels could gradually influence currency demand and capital flows.

For central banks and policymakers, the development raises an increasingly important question: who will establish the standards and infrastructure through which international money moves in the next generation of global finance?

The significance is therefore larger than any single BRICS payment initiative. The underlying competition is increasingly about financial infrastructure, interoperability and settlement technology.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Currency value: Greater international use of BRICS currencies could eventually create additional sources of demand for currencies used in cross-border trade.

• Purchasing power: More efficient settlement could reduce some costs associated with international transactions and currency conversion.

• Capital flows: If more international trade is settled directly in local currencies, capital flows could gradually become more diversified across currencies.

• Exchange rates: Increased international use of currencies such as the yuan and rupee could influence long-term currency demand, although the ultimate impact remains uncertain.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Trade

The most immediate structural effect is on international trade settlement. Connecting fast-payment systems could make cross-border transactions more efficient and provide businesses with additional settlement options.

Over time, greater interoperability could reduce some of the friction associated with traditional correspondent-banking channels and make local-currency trade more practical between participating economies.

• Pillar 2: Technology

The deeper structural shift is the development of digital financial infrastructure connecting national payment systems and CBDCs.

If these systems become interoperable at scale, the technology supporting international finance could become more decentralized across multiple national and regional networks rather than relying predominantly on established financial infrastructure.

CONCLUSION

BRICS is not demonstrating that the U.S. dollar is being replaced. What the evidence does show is more gradual and potentially more important: major emerging economies are building additional ways for money to move across borders.

The combination of BRICS payment-system discussions, potential CBDC connectivity and China's effort to expand the international use of the yuan points toward greater diversification of global financial infrastructure.

This transition will not happen overnight, and significant technical, regulatory and political obstacles remain. But the direction is becoming increasingly visible.

The global financial system may not be replacing the existing architecture—it is building additional rails alongside it, and those rails could reshape how international money moves.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

• Reuters — "BRICS nations discuss linking payment systems and CBDCs, RBI chief says"

• Reuters — "China's central bank vows to expand yuan's international use in five-year plan"

~~~~~~~~~~

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Tuesday Evening 8-11-26

Baghdad To Host Arab Small And Medium Enterprises Summit In October

Money and business   Economy News — Baghdad  The fourth edition of the Arab Summit for Small and Medium Enterprises for the year 2026, under the patronage of Prime Minister Ali Faleh Al-Zaidi, will be launched in Baghdad for the period from 18 to 20 October.

The spokesman for the General Secretariat of the Council of Ministers and Chairman of the Media Committee of the conference, Haider Majeed, said that "the work of the conference is organized by ESCWA in partnership with the Ministry of Planning, and with the participation of a wide range of ministries, government institutions, the private sector, financial and banking institutions, universities, entrepreneurs, startups, international and regional organizations, experts and specialists in the fields of economic development and entrepreneurship."

He added that "the conference comes as an embodiment of the government's directions in supporting the national economy, enhancing the role of the private sector, and empowering small and medium enterprises as one of the most important engines of sustainable development, by providing a national platform to exchange experiences, review successful experiences and discuss policies and programs to develop the entrepreneurship system and improve the business environment in Iraq."

He pointed out that "the partnership with regional and international organizations embodies the importance of cooperation with specialized international organizations, and benefit from their technical and advisory expertise in supporting development policies and strengthening the capabilities of national institutions, in line with international best practices and sustainable development goals."

He added that the conference will contribute to the development of practical recommendations that support the development of policies for small and medium enterprises, expand financing and investment opportunities, stimulate innovation, create new job opportunities, and strengthen partnership between the public and private sectors, thus contributing to the diversification of the national economy and raising the contribution of entrepreneurial projects to achieve sustainable economic growth

https://www.economy-news.net/content.php?id=72478

EIA: US Crude Imports From Iraq Fall To Zero

2026-08-11 Shafaq News- Washington   US crude oil imports from Iraq fell to zero in the latest four-week average, down from 45,000 barrels per day in the preceding period, according to the US Energy Information Administration (EIA).

The drop extends a sharp decline in Iraqi crude shipments to the United States. EIA weekly data showed no imports from Iraq in the weeks ending July 3, July 10, and July 17, after shipments had already fallen to zero in two weeks of June.

Iraq, OPEC's second largest producer, ranked seventh among the United States' top 10 crude oil suppliers based on 2024 volumes, according to the EIA's weekly import table. The United States imported an average of about 179,000 barrels per day of Iraqi crude in 2025, compared with 198,000 bpd in 2024 and 213,000 bpd in 2023.

https://www.shafaq.com/en/Economy/EIA-US-crude-imports-from-Iraq-fall-to-zero

Non-Oil Weakness Clouds Iraq Economy Despite 10% Money Growth

2026-08-11 Shafaq News- Baghdad   Iraq’s money supply has risen by nearly 10% since the start of the year while inflation has remained around 3%, a combination that could signal weaker non-oil activity or increased cash hoarding, economist Manar Al-Obaidi warned on Tuesday.

Under stable money velocity and output growth, a larger money supply would normally put upward pressure on prices. Al-Obaidi argued that the absence of such an increase points to two possible explanations: a marked slowdown in non-oil GDP or weaker circulation of money through the economy.

Read more: Iraq turns to bank borrowing to cover August salaries amid oil-revenue collapse

A non-oil slowdown, he warned, would directly hit private-sector employment. Trade, which is Iraq’s “third-largest contributor to GDP after oil and the government sector,” has also been pressured by the ASYCUDA customs system, higher tariffs and transport and shipping problems.

As an indicator of weaker commercial activity, Al-Obaidi cited a 41% year-on-year decline in Central Bank of Iraq sales, acknowledging that precise data measuring the fall in company activity and demand for jobs remain unavailable.

The second possibility is increased cash hoarding, driven by market concerns over government liquidity and leaving a larger share of issued money outside active circulation.

Al-Obaidi called for urgent stimulus for the commercial and industrial sectors through easier business procedures and tax and customs exemptions, arguing that low inflation should be maintained without constraining private-sector growth and job creation.

Iraq is also facing a liquidity squeeze, with the government moving to borrow more than 3 trillion dinars (about $2.3B) from local private banks to cover August salaries. Government spokesman Haidar Al-Aboudi put monthly state spending needs at about 10.8 trillion dinars (around $8.2B), against oil revenues of roughly 2.5 trillion dinars (nearly $1.9B), while economist Ahmed Eid warned that heavier public borrowing could restrict credit to private businesses and further slow economic activity.

Read more: 2026 budget: Iraq confronts unprecedented fiscal strain

https://www.shafaq.com/en/Economy/Non-oil-weakness-clouds-Iraq-economy-despite-10-money-growth

USD/ IQD Exchange Rates Climb In Baghdad, Erbil

2026-08-11  Shafaq News- Baghdad/ Erbil   The US dollar closed Tuesday’s trading higher in Baghdad and Erbil, hovering around 154,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya central exchanges at 153,750 dinars per 100 dollars, up from 153,250 dinars in morning trading.

In the Iraqi capital, exchange shops sold the dollar at 154,250 dinars and bought it at 153,250 dinars, while in Erbil, selling prices stood at 153,450 dinars and buying prices at 153,400 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-climb-in-Baghdad-Erbil-3

Gold Rises In Baghdad, Stabilizes In Erbil

2026-08-11 Shafaq News- Baghdad/ Erbil   Gold prices rose in Baghdad on Tuesday, with 21-carat foreign gold reaching 948,000 Iraqi dinars per mithqal, up 8,000 dinars from Monday, while prices in Erbil held steady.

According to Shafaq News market survey, wholesale markets on Baghdad’s Al-Nahr Street priced 21-carat Gulf, Turkish, and European gold at 948,000 dinars per mithqal for sale and 944,000 dinars for purchase. The selling price stood at 940,000 dinars on Monday.

Iraqi 21-carat gold was quoted at 918,000 dinars per mithqal for sale and 914,000 dinars for purchase.

At Baghdad jewelry shops, retail prices for 21-carat Gulf gold ranged between 950,000 and 960,000 dinars per mithqal, while Iraqi gold traded between 920,000 and 930,000 dinars.

In Erbil, gold prices were unchanged, with 22-carat gold selling at 978,000 dinars per mithqal, 21-carat at 935,000 dinars, and 18-carat at 800,000 dinars.

https://www.shafaq.com/en/Economy/Gold-rises-in-Baghdad-stabilizes-in-Erbil-3

Ariel: Clarity Act Cloture, EO 14405 and 14406, Iraq Digital Integration, VND Endgame, and September 30

Ariel:  Clarity Act Cloture, EO 14405 and 14406, Iraq Digital Integration, VND Endgame, and September 30

8-11-2026

Iraq’s Urgent Digital Integration Movement: Locking In The Rail Connection (And Other News)

Clarity Act Cloture, EOs 14405/14406, Iraq Digital Integration, VND Endgame & September 30

The chess pieces are moving at breakneck speed.

Thune filing cloture on August 8th is the trigger.

The Cabal’s stall tactic is dead.

By forcing a vote post-recess, Thune is locking in the timeline.

The September 15 test vote is the final gate. But the real pressure isn’t just Congressional it’s Executive. But we also touch upon more info regarding the VND. And why you have a very solid holding more so than Zim & Venezuela.

Iraq: The Apple End-Run Accelerates

The Prime Minister’s meeting on performance-based budgeting and monetary measures for market stability is the public translation of “we are readying the system for the new exchange rate.” The urgent message from the Finance Minister and CBI Governor dropping exactly 3 days after Apple Pay went live is the sync.

Apple provides the global tech rail; the CBI provides the sovereign digital dinar; customs provides the trade verification. The physical three-zero cash notes are being starved of liquidity. When the digital rail is fully synced to customs, the RV drops. They are not waiting for Washington.

VND Intel: The Silent Asian Pivot

Do not expect a sudden overnight “RV” with the VND like we expect for IQD. Expect a strategic, tiered revaluation.

The IMF and Asian Development Bank are reportedly pushing for this to align with the September 30 fiscal year close. A stronger VND allows Vietnam to service sovereign debt in stronger terms and transition from an export-reliant economy to a domestic consumption powerhouse.

The window for a significant adjustment is Q4 2026, heavily leveraged to the September 30 fiscal deadlines. But of course that is just logistics. And who wouldn’t feel as if that still isn’t just a sudden? Especially if we are talking about 72 hours.

I hope you all have been buying VND. Because the potential on that currency is out of this world. I need to start covering that more. Because once Iraq revalues the sale of the VND could go through the roof. So if you don’t have Zim, Venezuela, or IRR. The best next case scenario is VND.

Read Full Article:
https://www.patreon.com/Prolotario1/posts/iraqs-urgent-in-166332317

https://dinarchronicles.com/2026/08/11/prolotario-clarity-act-cloture-eo-14405-and-14406-iraq-digital-integration-vnd-endgame-and-september-30/

Iraq Economic News and Points To Ponder Tuesday Afternoon 8-11-26

Iraq Turns To Jordan And Syria For New Oil Export Routes

2026-08-10 Shafaq News- Baghdad   Iraq is moving toward Syria and Jordan as potential crude export outlets after Turkiye, as Baghdad seeks to diversify its routes to international markets, parliamentary Oil Committee member Zainab Al-Khazraji told Shafaq News on Monday.

After the agreement to export one million barrels of oil per day through the Turkish port of Ceyhan, the government is also holding talks with Iran regarding the movement of Iraqi oil tankers through the Strait, she added.

Iraq, OPEC’s second-largest oil producer, relies on crude exports for about 90% of federal revenue, leaving the country particularly exposed to disruptions in the Strait of Hormuz. This waterway normally carries roughly one-fifth of global oil supplies. In late March, Oil Minister Basim Mohammed Khudair confirmed that the country is currently producing 2.7 million barrels of oil per day, with exports ranging between 1.5 and 1.7 million barrels daily.

Read more: Iraq's oil revenues under US financial guard 23 years after invasion

Maritime traffic through the strait remains sharply restricted following its closure since February 28. Only seven vessels crossed in the past 24 hours —five inbound and two outbound— with six visible through the Automatic Identification System (AIS) and one operating without an AIS signal, according to maritime intelligence firm Windward.

Read more: No exit but Hormuz: Iraq’s economic vulnerability exposed

Against that backdrop, the Oil Ministry earlier today unveiled plans for a new pipeline system along two routes, one reaching Fishkhabur on the Turkish border and another extending to Baniyas on Syria’s Mediterranean coast, as part of efforts to reduce reliance on Hormuz. A government source previously told Shafaq News that an Iraqi delegation would visit Iran for talks on energy supplies and securing passage for tankers carrying Iraqi crude through the waterway.

https://www.shafaq.com/en/Economy/Iraq-turns-to-Jordan-and-Syria-for-new-oil-export-routes

Oil Hits Two-Week High On US-Iran Impasse

2026-08-11 Shafaq News   Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal and the reopening of the Strait ​of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the global inflation outlook.

U.S. President Donald Trump responded with his own ‌demands on Monday to Iran's conditions for a peace deal, calling for Iran to pay compensation for those killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the crucial waterway.

Brent crude futures edged up to $88.09 per barrel and U.S. crude futures rose to $82.52, both the highest levels since July 31, after the contracts rallied roughly 5% on Monday.

"We're ​now in a bit of a Mexican standoff, if you'd like, in terms of who blinks first," said Tony Sycamore, a market analyst at IG.

"This ​is going to be almost a war of attrition now," he said. "You probably can see the (oil) market sitting around the $75 to $95 ⁠range while we wait to see who blinks first."

The latest uptick in fuel costs raises the stakes for the U.S. July consumer price report due on Wednesday, ​at which expectations are for a monthly rise of 0.1% in the headline reading and 0.2% for the core measure.

Any upside surprise could rekindle bets of a Federal Reserve ​rate hike next month, with the odds currently a coin toss.

"We think the risks are skewed towards a hot print, which would probably drive a rebound in rate expectations and, potentially, renewed worries about stagflation," said Jonas Goltermann, chief markets economist at Capital Economics.

"Overall, our assessment remains that the U.S. economy is running a bit hotter than a 'Goldilocks' situation. That points to higher interest ​rates."

Trading of cash U.S. Treasuries was closed in Asia on Tuesday owing to a holiday in Japan, but futures fell slightly, implying higher yields.

The Reserve Bank of Australia (RBA) ​held its cash rate steady at 4.35% for a second straight meeting on Tuesday, saying the economy was slowing as expected, but warned it might yet hike again if needed to control ‌inflation.

MSCI's broadest ⁠index of Asia-Pacific shares outside Japan swung between losses and gains and was up 0.36%, while South Korea's KOSPI rose 1.3%, as the latest escalation in Gulf hostilities kept market sentiment fragile.

Nasdaq futures edged 0.34% higher while S&P 500 futures added 0.13% after Wall Street ended lower in Monday's cash session.

EUROSTOXX 50 futures were flat, while FTSE futures fell 0.05% and DAX futures edged 0.07% higher.

Overnight, Nvidia said it partnered with six major financial institutions to launch compute financing platforms aimed at raising more than $500 billion in third-party ​capital for AI infrastructure, underscoring the scale ​of the sector's investment boom.

"A small ⁠part of me was left wondering whether this is how it felt when sub-prime mortgages first became a mainstream product - the innovation that eventually helped trigger the GFC," added Sycamore.

Hong Kong's Hang Seng Index was down 0.6%, while China's CSI300 blue-chip index ​eased 0.05%.

Among currencies, the yen was back in the spotlight, struggling on the weaker side of 159 to the dollar ​and well off last ⁠week's high of 155.20 after several suspected rounds of intervention, including a joint one by Japan and the United States.

"The market likely remains vigilant about further joint U.S.-Japan yen-buying intervention, so USD/JPY breaching 160 in the very near term seems unlikely," Nomura analysts said in a note.

"However, the latest price action indicates there are quite a lot of USD/JPY dip-buyers, after ⁠the pair ​reached the 156 to 157 range for the first time since May."

The dollar got a marginal lift ​from the renewed climb in oil prices, keeping the euro away from a 1-1/2-month high as it traded at $1.1541, while sterling eased from Monday's one-month top and changed hands at $1.3511.

The Australian dollar briefly slipped in ​the wake of the RBA decision and was down 0.07% by $0.7049.

Elsewhere, spot gold was up 0.33% to $4,402.52 an ounce.   (REUTERS)

https://www.shafaq.com/en/Economy/Oil-hits-two-week-high-on-US-Iran-impasse

Basrah Crudes Rise Amid Global Oil Gains

2026-08-11 Shafaq News- Basrah   Iraq’s Basrah crude climbed more than 0.5% on Tuesday, as global oil markets moved higher.

Basrah Heavy crude rose by 30 cents, or 0.55%, to $55.09 per barrel, while Basrah Medium crude gained 30 cents, or 0.53%, to settle at $57.39 per barrel.

Brent crude advanced by 22 cents, or 0.25%, to $87.94 per barrel, while US West Texas Intermediate crude increased by 22 cents, or 0.27%, to $82.37 per barrel.

UAE Murban crude jumped 5.79% to $84.90 per barrel, while OPEC's basket climbed 3.33% to $79.53 per barrel.

https://www.shafaq.com/en/Economy/Basrah-crudes-rise-amid-global-oil-gains

Turkish Food Exports To Iraq Reach $16M+ In July

2026-08-11 Shafaq News- Ankara   Turkish Mediterranean exporters shipped $16.8 million million worth of cereals, pulses, oilseeds and related products to Iraq in July, making it their second-largest foreign market after Iran.

The Mediterranean Cereals, Pulses, Oilseeds and Products Exporters’ Association (AHBIB) recorded $173.5 million in total exports during the month, up 13% from a year earlier.

Pulses led exports at $36.3 million, accounting for 22% of the total, followed by vegetable oils at $35.8 million and pastry products at $32.8 million, while red lentil exports reached $26.6 million, up 65% in value.

Iran ranked first among AHBIB’s July markets at $21.3 million, followed by Iraq at $16.8 million and Syria at $9.9 million.

Turkiye Exporters Assembly President Mustafa Gultepe has described Iraq as one of Turkiye’s key export markets, with cereals among the three leading Turkish export sectors to the country. Turkiye’s total exports reached a record $25.6 billion in July, up 2.9% year on year.

https://www.shafaq.com/en/Economy/Turkish-food-exports-to-Iraq-reach-16M-in-July

Central Banks Choose Between Gold and Dollars. Gold Is Winning

Central Banks Choose Between Gold and Dollars. Gold Is Winning

Notes From the Field By James Hickman (Simon Black / Sovereign Man) August 10, 2026

Every country on earth keeps a rainy-day fund: a pile of emergency savings, managed by its central bank, set aside for wars, crises, and currency runs.

These stockpiles of cash around the world are known as a nation’s “reserves”, and the people who manage those funds are called reserve managers.

PIC

Due to America’s superpower status, managers tend to hold the vast majority of their nations’ reserves in US dollars— most commonly in US government bonds like the 10-year note.

Now, every year, a London institute called OMFIF surveys dozens of these reserve managers who collectively hold more than $10 trillion— and OMFIF asks the same question each year:

What does your central bank plan to do with its US dollars?

This year, for the first time, more reserve managers said they planned to cut their dollar holdings than increase them.

Reserve managers are the least excitable people in finance. Their job is to be boring, to hold safe assets, and to never make news. So this is not an emotional knee-jerk reaction. It is a decision that has been decades in the making and accelerated over the past few years.

The critical moment came in February 2022 when Russia invaded Ukraine; the US government froze roughly $300 billion of Russia’s reserves, i.e. assets that were held outside of Russia.

Interestingly enough, many of those frozen Russian assets were actually held in EUROPE, not the United States. But the US government still exerted control, pushing Europe to freeze those Russian-owned bonds.

Every reserve manager on the planet learned the same lesson that day: if you ever land on America’s bad side, the US government will lock you out of your national savings in an instant.

And it was at that point that central banks around the world started shopping around for more secure reserve assets that the Treasury Department cannot freeze.

Given that foreign countries collectively hold tens of trillions of assets (most of which is denominated in US dollars), they couldn’t exactly dump their holdings overnight. No one is willing to shout “FIRE” in a crowded theater; but they are, however, calmly making their way to the door.

But this process will take years, perhaps even a decade or more.

The key question is— where are they going to park their reserves, if not US dollars? There certainly have been a number of lingering options, from the “BRICs dollar” to China’s digital currency.

But the obvious answer (as we have been writing about for years here) is gold.

From 2022 through 2025, central banks bought a few hundred billion dollars worth of gold (above their normal purchases). This amounts to roughly 2% of their reserves.

Yet by parking just 2% of their reserves into gold, gold prices more than doubled from ~$1,600 back then to more than $4,000 today.

It’s important to note that the sudden spike in gold prices to $5,600 early this year wasn’t from central bank purchases— that was mostly hedge funds and retail investors piling in.

Gold prices slid back down to $4,000 as those investors exited. But central banks have started buying again; net central bank purchases amounted to 244 tonnes in the first quarter of 2026— well above their five-year average. And net purchases continued in April and May.

The big headline is that those same central bank reserve managers recently told OMFIF that they plan on moving AT LEAST another 7% of reserves out of dollars over the next decade.

Most likely the bulk of this reserve diversification will go into gold.

In other words, 2% of reserves more than doubled the gold price between 2022 and 2026. Now they plan to invest over three times that amount over the next decade. Any guesses where the gold price is headed?

These bankers also expect to pay more for gold; 61% of the central banks OMFIF surveyed estimated a gold between $5,000 and $6,000 an ounce by June 2027. And yet, even at record prices, most of them still plan to buy gold over the next two years.

Think about that. The institutions that just bought the gold price dip expect the price to go up within a year… and their stated plan is to keep buying more.

Most individual investors are very short-term in their thinking. They look at day-to-day price fluctuations and tend to follow popular trends.

Central bankers, on the other hand, ignore daily, monthly, and quarterly noise. They think strategically... and their time horizon is in years if not decades.

They’re not doing this to make money; they aren’t planning to trade their US dollars for gold, only hoping to trade their gold back for more US dollars down the road.

Rather, they’re trying to protect their national savings by purchasing strategic assets that the US government cannot confiscate.

Ultimately this is why we believe that the long-term direction of gold is still much higher— because the largest buyers in the market are still buying, and they plan to continue buying for years to come.

To your freedom,   James Hickman    Co-Founder, Schiff Sovereign LLC

 P.S.

When retail investors dumped gold this year, they dumped the gold producers too. But these companies were built to survive far lower prices, so at today's gold they are still enormously profitable, still throwing off cash, and still trading at low multiples of the cash they generate.

Schiff Sovereign's Strategic Assets is monthly investment research on exactly these kinds of businesses: already profitable, little or no debt, trading at a low multiple of free cash flow, with catalysts the market has not priced in.

https://www.schiffsovereign.com/investing/central-banks-choose-between-gold-and-dollars-gold-is-winning-155579/?inf_contact_key=9263a1a48724d0d1b5c5fa3d6b27cf0ebb81b9ded3d8b3c1b80fc8cf5b3ba7c9

Ross: Iraq’s Oil is the Dinar’s Revaluation

Ross: Iraq’s Oil is the Dinar’s Revaluation

8-11-2026

Iraq running on a 51 year old oil & gas law is actually crazy and so is IQD being worth $.00076.

It is a no-brainer for Iraq to finally pass the HCL and increase the purchasing power of the dinar.

Inevitable if Iraq is to ever prosper.

Kurdistan 24 English:"WE NEED A MODERN OIL & GAS LAW": Prime Minister Masrour Barzani Highlights outdated 1975 Legislation In an exclusive interview with Al Jazeera, Kurdistan Region Prime Minister Masrour Barzani emphasized the urgent need for Iraq to enact a comprehensive federal Hydrocarbon Law, revealing that current energy sector regulations in Iraq still rely on legislation dating back to 1975.

Japan’s XRP depth + Iraq’s live digitization pressure creates a logical area of overlap that goes beyond traditional oil-and-construction diplomacy.

Japan sits at the institutional end of XRP and regulated stablecoin rails.

Iraq is simultaneously forced by liquidity stress to modernize payments and reduce reliance on physical IQD cash circulation.

A serious Japanese commercial presence that includes fintech, payments infrastructure, or digital identity/onboarding know-how would be additive to the digitization track already underway at the CBI.

The liquidity crises on both sides make the timing less coincidental than it might appear.

The market still prices Iraq as a high-risk single-outlet producer.

Every credible step that changes that perception — especially ones that bring Western capital and alternative Mediterranean access — moves the dial on what a sustainable dinar rate can look like once the political and legal scaffolding is finished.

Iraqi News:Iraq's Ministry of Oil unveiled plans Monday for a major new pipeline network with two export routes toward Faysh Khabur and the Syrian port of Baniyas, aiming to diversify crude exports beyond the southern Gulf terminals.

For the first time, the Iraqi government has begun preparing a program- and performance-based budget.

This is explicitly framed as a roadmap for Iraq’s economic future that links government spending directly to measurable goals and outcomes, rather than the traditional opaque line-item budgeting that has long enabled waste and leakage.

Key points from the statements:

• The shift is designed to improve the efficiency of public funds and create accountability.

• Electricity sector gets “exceptional attention.”

• No red lines on pursuing corruption cases.

• Broader state-building strategy: build a new economic Iraq, corruption-free government institutions, and constitutional security institutions.

• Major global companies are showing strong interest in investing; international financial institutions are ready to support the economy.

• Goal is to create a suitable environment for investment and revitalize economic sectors.

Performance-based budgeting is exactly what the IMF, World Bank, and serious FDI players look for.

External catalysts (HCL progress, banking sector overhaul, regional deals, oil policy) matter enormously, but internal fiscal credibility is what keeps IQD from immediately unraveling after any rate change and what attracts the long-term capital that actually supports a higher rate.

Zoom News: Iraqi PM Ali al-Zaidi hosted the Parliamentary Finance Committee, alongside the finance minister and central bank governor on Monday, to discuss fiscal and economic policies, saying the government has, for the first time, begun preparing a program- and performance-based budget serving as a roadmap for Iraq’s economic future by linking government spending to goals and outcomes - statement Al-Zaidi also says the government is working on a state-building strategy focused on building a new economic Iraq, corruption-free government institutions and constitutional security institutions, while major global companies are showing strong interest in investing in Iraq and international financial institutions are ready to support its economy.

Read full post here:  https://dinarchronicles.com/2026/08/11/ross-iraqs-oil-is-the-dinars-revaluation/