Sunday Iraq News Posted by Tishwash at TNT 9-27-2026

TNT:

Tishwash:  Iraq declares "Sovereignty Day" holiday from Wednesday to Sunday

On Saturday, the Cabinet issued a decision to suspend official working hours on the occasion of "Sovereignty Day".

 An official statement from the media office of Prime Minister Ali al-Zaidi stated: It has been decided to suspend official working hours in state institutions starting from Wednesday, September 30, until Saturday, October 3, in celebration of the (Sovereignty Days) of the Republic of Iraq.

The complete withdrawal of foreign forces from Iraq is expected to be announced on September 30, after all their bases and camps have been handed over to the Iraqi side.

Al-Zaydi had previously directed all ministries, non-ministerial entities, and governorates to take the necessary measures in accordance with the law, in coordination with the government media cell, regarding the celebration of "Iraqi Sovereignty Day".

Iraq and the United States had agreed in September 2024 to end the military mission of the international coalition led by Washington against the "Islamic State" organization in Iraq, as part of a phased plan to move the security relationship between the two countries from the framework of the coalition to a bilateral partnership.

 The first phase of the mission ended in September 2025, while forces remained in the Kurdistan Region to support operations against the organization in Syria, with the final phase to be completed by the end of September 2026.

The international coalition was formed in 2014 to assist Iraqi forces in confronting ISIS, which at the time controlled large areas of Iraq and Syria. The mission of the coalition forces later shifted primarily to training, advising, and intelligence support, while Baghdad asserts that its forces are now capable of assuming responsibility for security and pursuing the organization's cells  link

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Tishwash: Trump on al-Zaidi: A great man and a friend of mine... I supported him

US President Donald Trump said his meeting with Iraqi Prime Minister Ali Faleh al-Zaidi "went very well."

When a reporter asked Trump about the nature of the meeting with al-Zaidi, the US president replied, "It went very well. He's a great guy and a friend of mine, and I've supported him."
Three days earlier, Prime Minister Ali Faleh al-Zaidi met with US President Donald Trump in New York.

During the meeting, the two sides discussed bilateral relations and ways to strengthen cooperation and partnership between the two countries in the political, economic, and investment fields. They also reviewed the latest developments in the region and the joint efforts undertaken by Iraq and the United States to promote regional and international security and stability.  link

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Tishwash:  The Minister of Finance directs that procedures related to budget items be completed according to the specified timelines.

Finance Minister Faleh Sari directed on Saturday that work continue at an accelerated pace and that reviews and procedures related to budget items be completed according to the established timelines.

The ministry stated in a press release received by the Iraqi News Agency (INA) that "upon his return from New York, Finance Minister Faleh Sari convened a meeting of the Budget Preparation Committee to review the draft federal budget for 2027 and finalize its requirements, in preparation for its submission to the Council of Ministers soon."
The minister directed "the continuation of work at an accelerated pace and the completion of reviews and procedures related to budget items according to the established timelines." likn

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Tishwash:  MP Amer Abdul-Jabbar calls for amending economic policies to stop the "bleeding of wealth" in the dollar market.

 MP Amer Abdul Jabbar revealed on Saturday (September 26, 2026) statistics with figures relating to the size of the losses resulting from the price gap between the official exchange rate of the dollar and its price in the parallel market.

Abdul-Jabbar said in a statement received by “Baghdad Today” that “the losses of the Iraqi people as a result of the price gap during the period of the previous government amounted to more than 27 billion and 312 million dollars,” indicating that “the average daily losses during that period amounted to about 21 million dollars every 24 hours.”

Abdul-Jabbar added that "the losses continued to record more than $2 billion and 155 million during the current government's term until the end of last July," noting that "the price difference rose in the current month of September to 290 dinars per dollar, which is the highest since 2003."

Abdul Jabbar called on the Prime Minister to "urgently review economic, monetary, financial and trade policies to stop the bleeding of national wealth and transform it into sources that enhance the economic capabilities of the state and the people instead of depleting it."  link 

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Tishwash:  40 American companies are waiting... Intensive Iraqi negotiations to resolve the issue of factions' weapons.

An informed source revealed on Saturday that private meetings are continuing between the Quartet Committee and the leaders of the armed resistance factions, with the aim of reaching final agreements on the management, storage and organization of weapons, stressing that resolving this issue paves the way for more than 40 American companies to enter Iraq to start their projects.

The source told Shafaq News Agency that “Iraqi Prime Minister Ali al-Zubaidi asked the political leaders within the coordination framework, specifically the four-party committee concerned with negotiating with the factions, to intensify dialogues and meetings to reach understandings that end the controversy over the management and organization of weapons, in a manner consistent with the interest of Iraq and the region.”

He added that "Washington demanded from al-Zaidi guarantees that American companies, which number more than 40 investment companies in various fields, would not be targeted by resistance factions."

According to the source, an important meeting will be held under the auspices of the Prime Minister after his return from Washington, between the Quartet Committee emanating from the Coordination Framework and the leaders of the factions that are hesitant to hand over weapons, in the presence of the Iranian ambassador or his representative, to discuss limiting and regulating the management of weapons officially, and to ensure that American companies that will arrive in Iraq after the official withdrawal of American forces from the country are not targeted.

He pointed out that "the meeting will also discuss the issue of integrating elements of those factions into the Popular Mobilization Forces within three months," noting that "the faction leaders reject this, but their position may change after the meeting, and everyone is counting on that."

For his part, Abdul Rahman al-Jazaeri, a leader in the National Oath Movement, which is part of the State of Law Coalition, confirmed to Shafaq News Agency that “the leaders of the four factions with whom negotiations are being conducted by the Quadripartite Committee have demanded the enactment of a special law to restrict, manage and regulate weapons by the House of Representatives, so that it acquires legal and official status, and preserves the rights of those factions under one name in the Popular Mobilization Forces.”

Al-Jazairi explained that "the issue of restricting weapons has become directly linked to the Iraqi-American relationship, as it is no longer an internal matter."

He continued, saying that "the Prime Minister will work upon his return to expedite the procedures for completing the cabinet, especially the Ministries of Interior and Defense, given that the withdrawal process, according to the approved protocol, requires that the handover and American withdrawal be carried out through the signing of an official protocol with the ministers concerned with the security file, and therefore it is necessary to choose the Ministers of Interior and Defense."

In a speech to the United Nations General Assembly on Friday, Iraqi Prime Minister Ali al-Zubaidi stressed that one of his government's priorities is for the state to be the decision-maker in peace and war, emphasizing that weapons and instruments of power must remain in the hands of the constitutional state institutions, and that the law should be the arbiter and the national interest the compass.

The issue of armed factions is one of the most sensitive issues facing the Iraqi government, with the approach of September 30, which the main political forces have set as the deadline for restricting weapons to official institutions.

The State Administration Coalition, which includes the most prominent Shiite, Sunni and Kurdish political forces, stressed during its meeting on August 5 the need to restrict weapons to the state, and considered the parties that carry out activities that threaten the security of the country outside the framework of official institutions as “outlaws and must be fought.”

The coalition warned that any armed activity outside the framework of the state after September 30 would be dealt with according to the anti-terrorism law.

Last month, Baghdad witnessed security tensions coinciding with threats by armed factions to retaliate against Saudi Arabia, following strikes targeting Popular Mobilization Forces sites. The tensions ended with contacts and a dawn meeting between Prime Minister Ali Faleh al-Zubaidi and Badr Organization leader Hadi al-Amiri, which led to a mutual calming of tensions and opened the way for diplomatic action to address the crisis.

Al-Amiri later called on the "Islamic Resistance" factions to postpone any military response against Saudi Arabia and to prioritize "Iraq's higher interest," but he returned and stressed during a meeting with a number of Popular Mobilization Forces leaders the importance of maintaining a high level of readiness.

The plan to restrict weapons does not have a unified position among the armed factions, as some forces have expressed a willingness to reorganize their military and security relationship with the state. Other factions, including Kataib Hezbollah, Harakat al-Nujaba and Kataib Sayyid al-Shuhada, have announced their refusal to give up their military capabilities, and have linked any discussion about their weapons to the end of the presence of foreign forces and ensuring the protection of Iraq from external attacks.

The September 30th date also coincides with the deadlines related to ending the military presence of the international coalition in Iraq, which some factions use as a basis for linking the future of their weapons to the withdrawal of foreign forces.  link

The Economic Transition Begins, Fed Complies & Informs The Banks To Follow The Procedures

The Economic Transition Begins, Fed Complies & Informs The Banks To Follow The Procedures

X22 Report:  9-27-2026

The [CB] is now complying the Genius act and instructing the banks to back the stable coin with assets. The transition has begun

Some excerpts:

Trump and his team are already beginning the transition.

I believe Warsh has been put in place to restructure the entire Fed and follow the Genius Act and the Clarity Act to get the Federal Reserve in line so it could be brought into the Treasury.

It looks like that is already happening. I do believe it is being prepared to change the Federal Reserve and the debt system into an income system.

To do this we will need something to back up the US dollar. Right now we use the Federal Reserve Note….but eventually it will be a US dollar. We are moving away from the “Federal Reserve Note.

Just like long ago we moved away from a US dollar and into the Federal Reserve note. Just like when they transitioned us in 1971……from the gold standard and into the petro dollar system…..Trump and his team will transitioning us from a debt backed system into a income based system.

I believe that what they are doing with the Genius Act , and when the Clarity Act passes we will have stablecoins , bitcoin and the blockchain to back the US dollar as we make this transition. Everything needs to be put in place and done right.

The deep state and CB bankers are fighting back with everything they have …but I believe they are losing that fight.

Trump is restructuring the system from debt based to an actual supply/demand income system which will take the US economy into a completely different direction. The foundation is growing by leaps and bounds.

The Central banks are now abiding by the Genius Act …they were told they had to follow this and back the stablecoins with Treasuries and other assets.

Federal Reserve unveils Stablecoin rules on Reserves and Capital: The Central Bank opened two proposals for comment under the GENIUS ACT, requiring issuers it supervises to back tokens fully with safe assets and creating an application process for banks seeking to issue stablecoins.  

The transition has begun. We are on our way. They are ending the endless that started in 1913.

Please listen to the entire video. There is much more on the new financial system, revaluing gold, The end of income taxes and the end of the Federal Reserve and fiat worldwide. …….

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

Iraq Economic News and Points To Ponder Late Saturday Evening 9-26-26

Iraq Declares Four-Day Holiday For Sovereignty Days

2026-09-26 Shafaq News- Baghdad   Iraq’s Cabinet on Saturday declared a four-day holiday in state institutions from September 30 through October 3 to mark the country’s “Sovereignty Days,” Prime Minister Ali Al-Zaidi’s media office said.

Al-Zaidi had previously instructed ministries, government bodies and provincial authorities to coordinate with the Government Media Cell on events marking Iraqi Sovereignty Day.

The Council of Ministers Declares an Official Holiday Across State Institutions from Wednesday, September 30, through Saturday, October 3, in Celebration of the Republic of Iraq’s Sovereignty Days

Media Office of the Prime Minister September 26, 2026

Iraq is expected to mark the completion of the US-led Coalition’s military withdrawal on September 30, following the handover of its remaining bases and facilities to Iraqi authorities.

Iraq and the United States agreed in September 2024 to end the US-led Coalition’s military mission against ISIS in Iraq through a phased plan shifting bilateral security relations from the Coalition framework to a direct partnership.

The first phase ended in September 2025, while Coalition forces remained in the Kurdistan Region to support operations against ISIS in Syria, with the final phase scheduled for completion by the end of September 2026.

The Global Coalition was formed in 2014 to support Iraqi forces against ISIS after the group seized large areas of Iraq and Syria. Its role later shifted largely to training, advising and intelligence support.

Read more: Iraqi Army after US-led Coalition withdrawal

https://shafaq.com/en/society/Iraq-declares-four-day-holiday-for-Sovereignty-Days

US Hands Over Diplomatic Center At Baghdad Airport To Iraqi Government

The center was previously part of the US’ Victory Base military installation, before being repurposed as a diplomatic support hub during the US troops’ withdrawal from Iraq in 2011.  

ERBIL, Kurdistan Region of Iraq – Iraq and the US on Thursday signed an agreement to hand over the US Embassy’s Diplomatic support Center at Baghdad International Airport to the Iraqi government, as part of procedures paving the way for the US-led global coalition’s withdrawal by the end of September.  

The agreement was signed by the Iraqi foreign ministry’s Undersecretary for Bilateral Relations Mohammed Hussein Bahr al-Uloom and the US Charge d’Affaires in Iraq Steven Fagin.  

“This step is part of the Iraqi government’s efforts to finalize procedures regarding the conclusion of the International Coalition’s mission and the foreign military presence in Iraq,” the statement stressed.  

The US-led coalition was brought to Iraq in 2014 at Baghdad’s invitation to help repel the Islamic State (ISIS) advance across the country. Under an agreement between Washington and Baghdad, the coalition is set to complete its withdrawal from all Iraqi territory by September 30.  

The two sides affirmed that the agreement represents “a key step” in regulating relations between the two countries and establishing framework for a “new phase” of bilateral ties built on “expanding areas of convergence and joint action to serve the mutual interests.”  

The Diplomatic support Center was a diplomatic and logistics facility run by the US State Department and situated on the west side of Baghdad International Airport. It was previously part of the US’ Victory Base military installation, before being repurposed as a diplomatic support hub during the US troops’ withdrawal from Iraq in 2011.  

The center, alongside other US interests in Iraq, was subject to drone attacks from Iran-aligned armed factions during the regional conflict that began in late February.  

The new Iraqi government under Prime Minister Ali al-Zaidi has sought to disram non-state armed actors and restrict weapons to the state; a campaign heavily supported by Washington, as US interests and facilities in Iraq and the Kurdistan Region have been repeatedly struck by these groups over the years.   https://thenewregion.com/posts/6620

Barak: There Is No Justification For The Factions To Remain After The American Withdrawal And Their Integration Into State Institutions

Baghdad - One News - 9/25/2026    US Special Envoy to Syria and Iraq Tom Barrack affirmed that Iraqi Prime Minister Ali al-Zaidi’s approach to dealing with the militias is a smart move, based on ending their existence as independent entities and integrating their members into Iraqi state institutions.  

Barak said that what the Prime Minister is doing in Iraq is “very smart,” explaining that when the militias begin to disband, their members can be integrated into the Iraqi government and receive the same salaries, provided that the integration process is carried out on an individual basis.  

He added that the goal of this path is to reach a single state, by unifying individuals within its institutions instead of the continued existence of separate armed formations.  

Barak pointed out that there was no reason for the militias to continue to exist, given the departure of the Coalition forces and United States.  https://1news-iq.net/باراك-لا-مبرر-لبقاء-الفصائل-بعد-الانسح/

Iraq inflation rises 0.7% in August

2026-09-26 Shafaq News- Baghdad   Iraq’s consumer price index rose 0.7% in August from July and increased 3.3% year on year, according to data from the country’s Statistics and GIS Authority.

The general consumer price index reached 110.9 in August, up from 110.1 in July.

Compared with August 2025, when the index stood at 107.4, consumer prices rose 3.3% year on year.   https://shafaq.com/en/Economy/Iraq-inflation-rises-0-7-in-August

US Dollar Falls In Baghdad And Erbil

2026-09-26 Shafaq News- Baghdad/ Erbil  The US dollar closed Saturday’s trading lower in Iraq, hovering around 156,300 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchange markets at 156,300 dinars per 100 dollars, down from the morning session’s 156,800 dinars.

In the Iraqi capital, exchange shops sold the dollar at 156,750 dinars and bought it at 155,750 dinars, while in Erbil, selling prices stood at 156,400 dinars and buying prices at 156,350 dinars.

https://shafaq.com/en/Economy/US-dollar-falls-in-Baghdad-and-Erbil

Seeds of Wisdom RV and Economics Updates Sunday Morning 9-27-26

Good Morning Dinar Recaps,

U.S.-CHINA RESET WATCH: TRUMP-XI SUMMIT PRODUCES TARIFF CUTS, TRADE COUNCIL AND AI DIALOGUE

The latest U.S.-China agreement reduces some trade barriers while creating new channels for economic and artificial-intelligence cooperation between the world’s two largest economies.

 OVERVIEW

• Tariff reductions: The United States and China agreed on recommendations for more favorable tariff treatment covering approximately $30 billion of non-sensitive goods in each direction.

• New cooperation mechanisms: The two countries agreed to establish a trade council while extending the results of earlier economic and trade consultations.

• AI dialogue: Washington and Beijing agreed to establish a formal China-U.S. AI Dialogue, with the next discussions scheduled for November and a separate communication channel for AI-related incidents.

KEY DEVELOPMENTS

1. $30 Billion Tariff Arrangement Creates New Trade Opening

The three-day Trump-Xi summit produced an agreement for $30 billion in reciprocal tariff reductions on non-sensitive goods. The reported categories include U.S. agricultural products, wood and cosmetics, along with Chinese exports such as small appliances, toys and decorations.

The agreement does not eliminate the broader U.S.-China trade relationship's remaining disagreements, but it establishes a concrete reduction in some tariff barriers. The two countries also agreed to extend the outcomes of previous economic and trade consultations.

2. New Trade Council Creates a Permanent Cooperation Channel

The United States and China agreed to establish a Board of Trade and related mechanisms to continue addressing selected bilateral economic issues.

This is significant because the relationship between the world's two largest economies involves far more than tariffs. Supply chains, critical materials, technology, agriculture, manufacturing, investment and financial flows are all connected to the broader trade relationship.

A continuing trade mechanism gives both governments a structured channel for addressing economic disputes rather than relying solely on high-level meetings when tensions escalate.

3. AI Dialogue Expands the Reset Beyond Traditional Trade

The summit also established a China-U.S. AI Dialogue focused on the risks and benefits of artificial intelligence. The next round is scheduled for November 2026, and the two countries agreed to establish a communication channel for AI-related incidents.

This adds a technology dimension to the economic relationship. Artificial intelligence is increasingly connected to productivity, investment, semiconductor demand, energy consumption, financial technology and national economic competitiveness.

The development shows that the next phase of global economic cooperation is increasingly extending beyond physical goods into digital and technological infrastructure.

WHY IT MATTERS

The U.S.-China relationship is one of the most important forces shaping global trade, investment and supply chains. Even partial reductions in trade barriers can affect shipping volumes, manufacturing decisions, commodity demand, corporate investment and international capital flows.

The new trade council and AI dialogue are also important because they create continuing mechanisms for cooperation in areas that increasingly influence the global economy.

For the evolving global financial system, the important development is the combination of trade normalization, institutional cooperation and technology dialogue between two economic powers whose decisions have worldwide consequences.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

Currency values are influenced by international trade, capital flows, economic growth, interest-rate expectations and investor confidence.

A reduction in trade friction between the United States and China could alter trade flows, commodity demand and investment patterns, while greater cooperation in technology could influence future economic growth and capital allocation.

This does not establish a currency revaluation or a specific Global Reset date. The more measurable development is that the economic relationships underlying global currency markets are continuing to evolve.

For currency holders watching the Global Financial Reset, this is another example of why the foundation of the system matters before any discussion of future currency values.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Trade

The tariff reductions and new trade council indicate movement toward more structured management of U.S.-China economic relations. If implemented, lower barriers could support greater trade flows and reduce some friction within global supply chains.

• Pillar 2: Technology

The new AI Dialogue places artificial intelligence directly into the framework of bilateral economic cooperation. AI is becoming increasingly important to financial services, productivity, manufacturing, investment and digital infrastructure.

• Pillar 3: Assets

Changes in trade relationships can influence commodity markets, corporate investment and international capital allocation. As major economies adjust their trade and technology relationships, the distribution of global investment can also evolve.

THE BIGGER PICTURE

The significance of the Trump-Xi summit extends beyond the immediate tariff agreement. The United States and China are establishing multiple channels for continued economic and technology discussions, including trade and AI.

That matters because the global financial system is not being transformed through one single event. It is evolving through many interconnected changes involving trade agreements, payment systems, technology, capital markets, energy and international economic relationships.

The U.S.-China developments therefore provide another piece of the larger picture: major economies are building new mechanisms for managing an increasingly interconnected global economy.

THE BOTTOM LINE

The Trump-Xi summit produced concrete steps involving tariffs, trade cooperation and artificial intelligence, while leaving broader economic issues for continued negotiations.

For those following the Global Financial Reset, the key takeaway is not a prediction about currencies but the continued restructuring of the economic relationships that influence them.

The bigger story is that the global financial system is evolving from a network built primarily around traditional trade and banking relationships into a more interconnected system shaped by trade corridors, technology, digital infrastructure and new forms of international cooperation.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

1. Reuters — "China, US agree to AI dialogue, tariff cuts on $30 billion in goods during Xi visit"

2. China.gov.cn / Xinhua — "China and the United States reach eight deliverables and understandings"

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 🌱 A Message to Our Currency Holders🌱

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

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

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

That is not your failure.

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

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

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

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

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

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

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Thank you Dinar Recaps

Xi Xinping Said America Is Finished. Congress, Take The Hint!

Xi Xinping Said America Is Finished. Congress, Take The Hint!

Notes From the Field By James Hickman (Simon Black / Sovereign Man) September 25, 2026

Chinese President Xi Jinping landed at Joint Base Andrews Wednesday for a three-day state visit, and Donald Trump was waiting for him at the foot of the red carpet.  That’s highly unusual. US presidents typically receive foreign leaders at the White House.

In fact, with the exception of popes, no president had met a foreign leader on the tarmac since 1962, when JFK went out to greet British Prime Minister Harold Macmillan.

Judging by the media’s reaction, however, you would think Trump bent the knee and swore fealty to his communist overlords.

There was a short clip of US troops on their hands and knees, smoothing the carpet before Xi stepped out of the plane. It went viral. Chinese were gleeful, and Americans were disgusted, at what appeared to be a humiliation ritual... even though smoothing out the red carpet is pretty standard.

The over-analysis continued. When B-1 bombers passed overhead— Trump flinched and Xi didn't move a muscle— the Twitterverse exploded with commentary about what that means for American primacy.

Then there were hot takes on Xi’s every smile, every Trump fidget. Commentators claimed that Xi speaking Mandarin through his translator was ‘asserting language dominance’ over Trump.

It’s all ridiculous. I honestly don’t remember an event where so much irrelevant minutia was over-analyzed for hidden meaning.

The larger point is that the US is clearly treating China like an equal— something that America does not do for anyone else. When the President of France, or Ukraine, or anywhere else comes to town, the President receives them at the White House.

China, on the other hand, is now a peer... not a superior. But definitely not a junior partner.

The biggest takeaway, though, seems to be lost on everyone... but hit me right between the eyes.

At a formal White House ceremony the next morning, Xi declared that "the Thucydides Trap can be overcome. . ."

The Thucydides Trap, of course refers to the famous ancient Greek historian who wrote of the Peloponnesian Wars between Athens and Sparta. Athens was a declining power and Sparta was the rising power; and the theory asserts that rising and declining powers often go to war against one another.

World War I was an obvious example of the Thucydides Trap. Britain was in decline. Germany was rising fast. War became inevitable.

When Xi made this assertion, most of the media coverage treated his remarks as a wonderful message of peace and reassurance.

BUT NO ONE BOTHERED TO QUESTION HIS PREMISE, i.e. that America is permanently in decline and will be surpassed by China.

Xi obviously likes this analogy because he views China as the rising power... eventually the world’s superpower... and the US as the declining power.

What he essentially said was: America is finished, we're going to pass you... and while that historically has led to war, I’m going to be super magnanimous and claim that I prefer peace.

Talk about being presumptuous. This guy comes to America’s house and tells everyone that he’s going to dominate?!?

Obviously he believes this— he's the one who has been steering China for 14 years.

And yes, America is in decline. Between the $40 trillion in debt, Social Security running dry in a few years, foreign central banks dumping dollars for gold, and a Congress too dysfunctional to fix any of it, that much is indisputable.

But America is not in PERMANENT decline.

The problems that the US faces can be fixed with some rational thinking and a few hundred signatures: cutting fraud and waste. Immigration reform. Social Security reform. Regulatory reform to boost productivity growth.

None of this is difficult. But Congress can't seem to muster the will to make it happen, and voters keep sending the same corrupt idiots to office.

But if you think America has a debt problem, China has even worse debt challenges. Plus their entire economy is run by communist bureaucrats and businesses who ‘innovate’ by stealing other people’s intellectual property.

And that doesn’t even scratch the surface of their biggest challenges.

America needs some sensible politicians to fix its problems. China needs a time machine.

They’d have to go back in time to reverse their one-child policy... or undo decades of communism that created a business culture where screwing up means getting shipped off to a ‘reeducation’ facility.

Say the wrong thing and you get disappeared like Jack Ma, who was the richest man in China until he criticized the regulators in 2020, then vanished for three months, and now gets rolled out for the occasional proof of life.

There's a reason why wealthy Chinese people leave the country. People who have the means hit the exits.

And, seriously, eight decades later, these guys are still whining about Taiwanese independence. Get over it already!

Undoing all of that requires a complete cultural reset.

So when he boasts about becoming the next dominant superpower, Xi is way over his skis.

America has a regulatory problem. China is literally communist. Nothing happens there without the Party's permission, and it has to steal every idea it can't come up with itself.

Yes, China has had a good run for the past ~20 years. America’s has been miserable. But past performance is no indication of future returns.

If anything, Xi’s remarks should shame Congress into finally lifting a finger to do the right thing and pass sensible reform.

And you'd think more of the pathetic press would have the dignity to call that out as well.

Unfortunately, Congress and the media tend to attract the worst people on earth, so don't hold your breath waiting for either one to find a spine.

Time will tell if America can reverse course... and if China can live up to Xi’s fantasy. But that's why it makes sense to have a Plan B.

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

https://www.schiffsovereign.com/trends/xi-xinping-said-america-is-finished-congress-take-the-hint-155976/?inf_contact_key=2889ca08f0677d52d210e0a4dd3a6ce7121216c3a82d754a88f6751e8a28a7b5

Holly Celiano: Latest RV Updates, XRP News, Trump-Xi Financial Developments as of 25th September 2026

Holly Celiano: Latest RV Updates, XRP News, Trump-Xi Financial Developments as of 25th September 2026

6-25-2026

Navigating the intersections of international diplomacy, blockchain innovation, and evolving monetary policy requires a close look at how current events are reshaping our global landscape.

A recent comprehensive video briefing hosted by Holly Celiano offers a fascinating deep dive into these exact themes, breaking down everything from high-level geopolitical summits to the technical upgrades modernizing decentralized finance. Whether you are tracking macroeconomic trends or keeping an eye on the latest software developments in the digital asset space, this analysis provides valuable context for the shifting financial paradigms ahead.

The video begins by examining the recent summit between US President Donald Trump and Chinese President Xi Jinping. Rather than producing major structural breakthroughs, the summit was characterized more as a diplomatic gesture focused on optics.

Discussions spanned key geopolitical issues, including Taiwan and Iran, alongside a temporary trade truce extension and a nod to renewed panda diplomacy. This trade truce extension acts as a tactical pause, pushing the deadline out to January 10, 2027.

By granting both nations additional time to negotiate complex challenges such as tariffs and technology restrictions, the delay suggests that neither side is currently ready for full confrontation or immediate resolution, prioritizing stability and image management instead.

Transitioning from international relations to technology, the discussion shifts toward major updates within the cryptocurrency sphere, specifically focusing on the XRP Ledger (XRPL).

Ongoing software improvements are actively aiming to enhance banking functionalities and transactional batch processing, reflecting broader advancements that are preparing digital infrastructure for a new financial system. These XRPL upgrades signal significant financial innovation in decentralized networks. By enabling private banking networks and decentralized exchanges (DEXs) to implement lending facilities analogous to traditional systems like LIBOR and SOFR, these tools successfully bridge the gap between traditional finance and blockchain technology, potentially accelerating institutional adoption.

Furthermore, the integration of batch transaction processing serves as a vital catalyst for boosting efficiency and scalability. The upgrade allows thousands of automated, AI-approved Know Your Customer (KYC) transactions to run in batches every second.

This directly addresses historical limitations in blockchain transaction throughput and compliance, both of which are essential for scaling decentralized finance (DeFi) to meet enterprise demands. Compounding these technical leaps is a wave of regulatory clarity.

The impending full implementation of the stablecoin-governing “Genius Act” on January 1, 2027, follows earlier congressional actions and swift rule-making by bodies like the SEC, CFTC, and DTCC. This momentum underscores rapid government efforts to legitimize crypto markets, reducing uncertainty for institutional participants.

Finally, the video addresses the current status of Tier 1 and Tier 2 funding related to currency revaluation (RV). While the briefing highlights that these funds are successfully in place, it issues an important reminder that the funds are not yet liquid or accessible. This crucial distinction between funding status and actual liquidity urges stakeholders to exercise patience, helping temper expectations and avoid premature speculation about immediate financial impacts.

https://www.youtube.com/watch?v=Fk-fiQj2D_8

Rob Cunningham: In the Past 5 Days

Rob Cunningham: In the Past 5 Days

9-26-2026

In The Past 5 Days

SAUDI & China split on Payments
GREENLAND unites w America
SEC launches PROJECT CRYPTO
CFTC releases CLARITY FAQs
TREASURY heralds GENIUS
CHINA President Xi visits DC
TRUMP signals IRAN Agreement
IRAQ moves to full sovereignty
SUPREME Court supports TRUMP on SS/Voter Role eligibility authentication.

What does this imply for XRP?

A: Taken together, these developments strengthen the case for XRP’s potential role as neutral, global bridge liquidity. They point toward a world with more regulated digital dollars, clearer rules for digital asset markets, and continued demand to move value between sovereign payment systems.

That is the setting in which XRP’s ability to bridge currencies and networks becomes more economically relevant.

The strong implications are:

More viable payment corridors. Saudi Arabia’s reported departure from mBridge leaves open how it will approach future cross-border digital payments. It increases the strategic importance of interoperable options without prescribing one.

Less friction for institutional use. The SEC–CFTC Project Crypto effort and Treasury’s GENIUS Act implementation address the rules institutions need before building and scaling digital asset services. That can expand the market for XRPL infrastructure, RLUSD, and XRP liquidity.

Greater value in a neutral bridge. If sovereign nations retain different currencies, laws, and preferred networks, they still need a way to exchange value across those boundaries. XRP’s opportunity grows with the number and volume of those exchanges.

A clear shift from speculation to utility. The meaningful demand driver will be repeat payment and settlement flow that uses XRP for global liquidity. More flow, more corridors, and more capital committed to serving the entire world should change how the market values XRP.

So the plain spoken answer is: these pieces together make XRP’s use case more relevant and potentially much larger.

They do not lead to a higher price from headlines alone; it’s the economic forces that come when changing rules and relationships turn into sustained cross-border volume.

Source(s):
• https://x.com/KuwlShow/status/2103681066334572982

https://dinarchronicles.com/2026/09/26/rob-cunningham-in-the-past-5-days/

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

Saudi Arabia: Threats To International Navigation Could Affect Global Economy

Arab and International  Saudi Foreign Minister Faisal bin Farhan said on Saturday evening that the Kingdom supports the Iraqi government in the file of limiting arms to the state and enhancing the country's sovereignty and security, pointing out the importance of Iraqi territory not to be a starting point for aggression against neighboring countries.

In his speech to the United Nations General Assembly in New York, bin Farhan said that Saudi Arabia and the countries of the region have been subjected to "brute Iranian attacks," stressing that the security of the Gulf region is an integral part of the security of the region and the world.

Efforts to restore security in the region cannot be based on hegemony and the imposition of influence, he said, stressing that any arrangements related to the security of the region should be comprehensive and sustainable.

He warned that the dangers that threaten international navigation may affect the global economy, stressing the importance of ensuring freedom of navigation in all international waterways, calling for the importance of the return of the Strait of Hormuz to work before the war without imposing fees, pointing out that the restoration of global supply chains is a joint responsibility.

The Saudi minister also stressed the need for the region to be free of weapons of destruction and the subjection of peaceful nuclear facilities to international control. https://www.economy-news.net/content.php?id=74373i

Finance Reviews The 2027 Budget In Preparation For Sending It To The Council Of Ministers

Money and business   Economy News - Baghdad Finance Minister Faleh Sari chaired a meeting of the budget preparation committee on Saturday to review the draft federal budget for 2027 and complete its requirements, in preparation for sending it to the Council of Ministers during the coming period.

The Ministry of Finance said in a statement that "Sari chaired the meeting immediately after his return from New York, to follow up the stages of preparing the draft budget and review its paragraphs and complete the procedures and requirements associated with them."

The statement added that the Minister of Finance directed to "continue to work at an accelerated pace and complete the reviews and procedures related to the budget paragraphs according to the specified times."

He pointed out that the meeting comes within the efforts of the ministry to complete the draft federal budget for 2027 and prepare it for presentation to the Council of Ministers in preparation for the completion of constitutional and legislative procedures https://www.economy-news.net/content.php?id=74356

Iraq Imports First Gasoline Batch Through Syria

2026-09-25 03:07   Shafaq News- Baghdad   Iraq has begun importing its first batch of gasoline through Syria, an Iraqi oil source told Shafaq News on Friday, with the first shipments arriving at the Syrian port of Baniyas for onward transport by tanker truck.

Loading onto the trucks has begun ahead of their departure for Iraq, the source said, adding that the quantities, the supplier, and the route into the country would become clear once the transport is complete.

Baghdad and several Iraqi provinces have faced a gasoline shortage for weeks, after a brief easing last month, with long queues at filling stations and dozens of outlets closing. Earlier this month, Oil Minister Basim Mohammed Khudair said the ministry was working to fix the shortfall and that new shipments would arrive soon.

Read more: Iraqi panel proposes Kurdistan fuel overhaul amid shortages

https://shafaq.com/en/Economy/Iraq-imports-first-gasoline-batch-through-Syria

Syria Begins First Gasoline Shipments To Iraq

2026-09-25 Shafaq News- Damascus   Syria Petroleum Company said Friday it had begun sending the first gasoline shipments through Syrian ports toward border crossings into Iraq.

Three tankers loaded with fuel have arrived at Syrian ports, and the first, carrying about 32,000 tons of gasoline, has been unloaded, while the other two await their turn, the company's institutional communication director, Safwan Sheikh Ahmed, said in a statement.

Loading onto trucks began on September 22, with two convoys dispatched so far: the first of 10 tankers and the second of 55, and the ports and technical crews are ready to raise capacity to 150 tanker trucks a day once more become available to complete the transport across the border into Iraq.

https://shafaq.com/en/Economy/Syria-begins-first-gasoline-shipments-to-Iraq

SOMO tenders 2M crude barrels for October

2026-09-25 Shafaq News- Baghdad   Iraq’s state oil marketer SOMO has launched a tender to sell two million barrels of Basrah Heavy crude for loading between October 1 and 7, according to a document seen by Reuters on Friday.

Bids are due by noon Baghdad time on September 28, the document showed.

The offer follows another SOMO tender announced on September 23 for two million barrels of Basrah Heavy to be loaded between September 27 and 30 through a ship-to-ship transfer off Oman, outside the Strait of Hormuz.

Iraq, OPEC’s second-largest producer, has used alternative crude-loading arrangements as shipping through the Strait of Hormuz has been disrupted by regional conflict.

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

https://shafaq.com/en/Economy/SOMO-tenders-2M-crude-barrels-for-October

Basrah Heavy, Medium Fall ~10%

2026-09-Shafaq News- Basra   Iraq’s Basrah Heavy and Basrah Medium crude grades ended the week down about 10%, after both fell $8.57 per barrel in the latest trading session.

Basrah Heavy dropped 9.56% in the latest session to $81.07 per barrel, ending the week $9.20 lower, or 10.19%, from $90.27 at the start of the week.

Basrah Medium also fell $8.57, or 9.22%, to $84.37 per barrel, posting a weekly loss of $9.20, or 9.83%, from $93.57.

In global markets, Brent crude settled at $104.32 per barrel on Friday, down $2.28, or 2.1%, while US West Texas Intermediate fell $2.20, or 2.3%, to $92.41, according to Reuters. Oil prices declined as markets weighed prospects for a US-Iran truce against continuing concerns over attacks on Saudi Arabia and regional supply disruptions.

https://shafaq.com/en/Economy/Basrah-Heavy-Medium-fall-10

Gold Prices Hold Steady In Baghdad, Erbil

2026-09-Shafaq News- Baghdad/ Erbil   On Saturday, Gold Prices Hovered Around 950,000 IQD Per Mithqal In Baghdad And Erbil Markets, Holding Steady, According To A Shafaq News Market Survey.

Gold Prices On Baghdad's Al-Nahr Street Recorded A Selling Price Of 945,000 IQD Per Mithqal (Equivalent To Five Grams) For 21-Carat Gold, Including Gulf, Turkish, And European Varieties, With A Buying Price Of 941,000 IQD. The Same Gold Had Sold For 945,000 IQD On Thursday.

The Selling Price For 21-Carat Iraqi Gold Stood At 915,000 IQD, With A Buying Price Of 911,000 IQD.

In Jewelry Stores, The Selling Price Per Mithqal Of 21-Carat Gulf Gold Ranged Between 945,000 And 955,000 IQD, While Iraqi Gold Sold For Between 915,000 And 925,000 IQD.

In Erbil, 22-Carat Gold Was Sold At 990,000 IQD Per Mithqal, 21-Carat Gold At 945,000 IQD, And 18-Carat Gold At 809,000 IQD. https://shafaq.com/en/Economy/Gold-prices-hold-steady-in-Baghdad-Erbil-6

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

Good Afternoon Dinar Recaps,

GLOBAL BOND RESET WATCH: RECORD-HIGH YIELDS PUT DEBT MARKETS AND CURRENCIES UNDER PRESSURE

Surging government-bond yields across major economies are exposing the growing connection between sovereign debt, inflation, interest rates, trade and currency stability.

 OVERVIEW

• U.S. Treasury yields have reached multi-decade highs, with the 10-year yield touching 5.2297%, its highest level since 2007, while the 30-year yield reached 5.5252%, its highest since 2004.

• Japan's 10-year yield also reached a multi-decade high, touching 3.121%, while several major central banks have raised rates or signaled concern about persistent inflation.

• A new China-U.S. trade development adds another layer to the financial picture: Beijing says the Trump-Xi summit produced an eight-point consensus that includes a reported $30 billion reciprocal tariff-reduction arrangement and a new AI dialogue.

KEY DEVELOPMENTS

1. U.S. Treasury Yields Reach Levels Not Seen in Years

The global bond market remains under significant pressure.

The U.S. benchmark 10-year Treasury yield reached 5.2297%, its highest level since 2007, while the 30-year Treasury yield climbed to 5.5252%, the highest since 2004.

The move came even as oil prices eased somewhat, showing that bond-market concerns have become broader than the immediate movement in energy prices. Investors remain concerned about inflation and the possibility of additional Federal Reserve interest-rate increases.

Higher Treasury yields matter throughout the financial system because U.S. government bonds influence borrowing costs for governments, businesses, households and investors around the world.

2. Japan and Other Major Economies Face Rising Borrowing Costs

The pressure is not limited to the United States.

Japan's 10-year government-bond yield reached 3.121%, a level not seen since 1996. Reuters also reported that five of the Group of 10's most influential central banks had raised rates during September, while the others had either signaled potential increases or warned about rising inflation.

This creates an increasingly important global dynamic: governments are facing higher financing costs at the same time that debt levels remain elevated.

Higher yields can therefore affect both monetary policy and fiscal policy, particularly as governments refinance existing debt at higher interest rates.

 3. China-U.S. Trade Talks Add a Potential Counterweight

A significant development since the earlier market reporting came from the conclusion of Chinese President Xi Jinping's visit to Washington.

China said on September 26 that the United States and China had reached an eight-point consensus, including a reported $30 billion reciprocal tariff-reduction arrangement, the creation of a trade council and the launch of a new dialogue on artificial intelligence.

The two countries also agreed to extend outcomes from earlier talks and continue discussions, while maintaining a broader trade truce.

This is important for global markets because lower trade barriers could reduce some of the uncertainty surrounding international commerce. However, the announcement does not eliminate the broader pressures facing global bond markets.

Instead, the two developments illustrate the competing forces currently shaping the financial system: higher borrowing costs and inflation pressure on one side, and efforts to reduce trade friction on the other.

4. Bond Yields Are Increasingly Connected to Currencies

Higher U.S. yields can influence international capital flows because investors compare returns across major currencies and bond markets.

Reuters reported that expectations for additional Federal Reserve tightening were helping support the dollar, while the yen strengthened after Japan and the United States reaffirmed their commitment to currency stability.

This creates a direct connection between government debt, interest rates and currency markets.

When interest-rate expectations change significantly in one major economy, capital can move across borders in response, creating additional pressure on other currencies and financial markets.

 WHY IT MATTERS

The bond market is one of the most important foundations of the global financial system.

Government bonds influence interest rates, borrowing costs, investment decisions, currency values and capital flows. When yields rise sharply across several major economies at the same time, the effects can extend well beyond bond investors.

The current situation is particularly significant because several forces are interacting simultaneously:

Persistent inflation concerns + elevated energy prices + higher interest rates + large government borrowing needs = greater pressure on global debt markets.

At the same time, the reported China-U.S. tariff agreement introduces a potentially stabilizing factor for international trade by reducing some trade friction between the world's two largest economies.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

For foreign currency holders, rising bond yields matter because interest-rate differences can influence currency demand and international capital flows.

A currency connected to a country with relatively high interest rates can attract capital seeking higher returns, while currencies facing lower relative yields can come under pressure.

But currency movements are influenced by many factors, including economic growth, inflation, trade balances, central-bank policy, government finances and investor confidence.

The important Global Reset connection is therefore not that today's bond-market move guarantees a currency revaluation. Rather, it demonstrates how the underlying financial conditions that determine currency values are continuing to change.

 IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Debt

Higher bond yields increase the cost of refinancing government debt. Over time, persistent increases in borrowing costs can make debt management an increasingly important part of national economic policy.

• Pillar 2: Trade

The reported China-U.S. tariff-reduction arrangement could reduce some trade friction between the world's two largest economies. Continued negotiations could influence global supply chains, investment and international commerce.

• Pillar 3: Assets

Government bonds remain a benchmark for pricing many other financial assets. When long-term yields rise, investors reassess the relative value of equities, real estate, corporate debt and other investments.

• Pillar 4: Energy

Oil prices remain an important part of the inflation picture. Even though crude prices eased during the latest trading session, oil remained above $100 a barrel, keeping energy-related inflation concerns relevant to bond markets.

THE BOTTOM LINE

The latest bond-market moves show that global debt markets are entering a period in which inflation, interest rates and government borrowing costs are increasingly interconnected.

The new China-U.S. trade understanding provides a potentially important counterweight by offering a path toward lower tariff pressure and greater economic cooperation, but it does not remove the underlying challenges confronting global bond markets.

For Global Reset watchers, the bigger issue is the gradual restructuring of the financial environment itself: governments, central banks, currencies, trade systems and investors are all adjusting to a world of higher debt costs and changing international relationships.

The bigger story is not simply that bond yields are rising—it is that the foundations upon which currencies, debt, trade and global capital flows operate are being reshaped as the world financial system evolves.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

1. Reuters — "Bond yields hit multi-decade highs despite oil pullback"

2. Reuters — "China, US agree to $30 billion tariff cut, AI dialogue during Xi visit, Beijing says"

~~~~~~~~~~

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Thank you Dinar Recaps

America Keeps Threatening the Lenders It Can't Afford to Lose

America Keeps Threatening the Lenders It Can't Afford to Lose

Notes From the Field By James Hickman (Simon Black / Sovereign Man) September 24, 2026

Late last week, Congress and the White House established a new law authorizing the President to impose tariffs of up to 100% on any country that ranks among the five biggest buyers of Russian oil or gas.

This law had broad, bi-partisan support and passed by a whopping 86-11 margin in the otherwise deadlocked Senate, and 262-159 in the House of Representatives.

Their big idea is to penalize anyone who supports Russia economically by buying their oil & gas, and that specifically singles out China and India— the biggest buyers of Russian crude.

In fairness, India and China aren’t buying Russian oil to help prop up Putin or assist him in winning the war. They don’t really care. They just like the fact that Russian oil is REALLY cheap right now. It’s a good deal, and they like scoring good deals for their country.

At the moment there is no international law preventing anyone from buying Russian oil & gas; this restriction is something the US wants to impose in order to force Russia into a peace over Ukraine.

And it may very well be a good idea in terms of bringing an end to the war in Ukraine. We make no judgment on the moral implications.

Unfortunately the world is not so black and white, especially when you have a $40 trillion national debt. When your fiscal situation is in such dire straits, you have to weight the pro’s and con’s.

And the con’s are numerous: given its gargantuan national debt and the need to borrow an ADDITIONAL $2 trillion per year just to finance the budget deficit and stay afloat, the US government has to rely on foreign creditors more than ever.

In short, America desperately needs cash-rich foreigners to continue buying US government bonds.

It’s a bit difficult to shove this rule down their throats and tell foreign countries, “We will force you to stop buying cheap Russian oil,” yet simultaneously ask those same countries to loan you hundreds of billions of dollars.

The strangest part is that this is nothing new.

Back in February 2022, days after Russia invaded Ukraine, the US and its allies froze about $300 billion of the Russian central bank's reserves.

Again, whether it was justified is beyond the point. US government bonds had long been considered the safest asset on earth. But every central banker on the planet learned that day that US Treasury bonds were only safe as long as their country stayed on America's good side.

That’s why foreign governments and central banks have been quietly diversifying away from US government bonds and buying gold... because no other government can freeze the physical gold in their own vaults.

In fact, for the first time in decades, the world's central banks now hold more gold than they hold US Treasury securities.

China in particular has cut its Treasury holdings in half since 2013, and they're now at their lowest level since 2008.

Japan, the biggest foreign lender of all, has seen its Treasury holdings fall every month since April.

At peak (in 2011), foreigners owned nearly half of all marketable US Treasury bonds. Now foreigners’ share of Treasury securities is down to just over 30%.

That’s a fairly slow burn over 15 years; it’s not panic selling. But it’s a clear and obvious trend.

These same foreign nations have also been openly discussing how to rely less on the US financial system.

The BRICS countries, led by China, India, Russia, and Brazil, met in Delhi earlier this month and agreed to settle more of their trade in their own currencies.

This is a big deal; if India starts accepting Chinese yuan, or Russia accepts Indian rupee, these nations by definition won’t need to hold as many US dollars. And a decline in demand for US dollars translates into less demand to hold dollar-denominated assets like US government bonds.

Xi Jinping arrived at the White House yesterday, and he came to negotiate on trade as the leader of one of America's three largest creditors.

China has serious leverage; even though they have been selling their Treasury bonds slowly over time, they still own a ton of them. And if Xi wanted to, he could dump them in a heartbeat and cause a complete collapse of the bond market. Interest rates would skyrocket.

To be clear, such a move would wound China as well. But America would be hurt the most. It’s a nuclear option he could exercise, and it gives him real negotiating power.

America seems to think it’s still the 1990s when everyone was begging to buy US government bonds... which is exactly what gave them the leverage to be able to weaponize the US dollar.

That is simply no longer the world we live in. US finances are incredibly weak. And every time America tries to flex its US dollar power over the financial system, more foreign lenders walk away.

It’s not clear to me if anyone in Washington even understands this reality. No one seems to be questioning, “Will this action increase or decrease foreigners’ demand to buy US dollars and US government bonds?”

And I doubt anyone is really doing any real analysis to weight the benefits of, say, peace in Ukraine, against the potential costs of losing more foreign lenders.

By the way, if you’re thinking, “Big deal, America can finance its own deficits,” it cannot.

The entirety of ALL net private savings in the US, i.e. the total amount that corporations and households manage to save, is only about $2.2 trillion each year. The budget deficit for FY2026 is projected to be about $2.1 trillion.

So basically the US economy would need to dump 95% of its total net savings into US government bonds, leaving just $100 billion to finance EVERYTHING ELSE in the economy, from data centers to mortgages to every other investment.

This is why the US needs foreigners so much. When you burn up that much money, you can’t afford to turn away any lender.

If they keep alienating foreigners, there will essentially be only one lender remaining— and that’s the Federal Reserve, which has the ability to create money out of thin air.

We all saw how that works during the pandemic, when the Fed created roughly $5 trillion to finance all of the debt-fueled government bailouts. The result of that money creation was 9% inflation.

This is why we continue to write that real assets make so much sense.

The Fed can create money by the trillion, and the government can borrow to oblivion. Neither can print an ounce of gold or a barrel of oil. And that’s why real assets tend to hold their value, and often climb, exactly when paper money is falling apart.

Owning a piece of the companies that produce real assets— metals, energy, productive technology— is a great way to protect yourself from higher prices and inflation.

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

P.S. Since 2022, Schiff Sovereign's investment research service, Strategic Assets, has focused on exactly those companies: the metals, energy, food, and ships an economy actually runs on.

A company gets featured only when it is already profitable, carries little or no debt, and trades cheap against the cash it is generating. Two precious metals producers on our research list are up more than 300% and nearly 400%, and earlier this year we locked in gains of more than 10x on a small silver producer.

Right now we are giving away a free sample issue so you can see what's inside.

https://www.schiffsovereign.com/investing/america-keeps-threatening-the-lenders-it-cant-afford-to-lose-155923/?inf_contact_key=8b5e918cee7be79aeaa590217f1ee42ab6ab370699ebb21cbbd41069d1f1344d

Saturday Iraq News Posted by Tishwash at TNT 9-26-2026

TNT:

Tishwash:  Iraqi Dinar Strengthens Against US Dollar Following Prime Minister's US Visit

At a Glance

The Iraqi dinar has strengthened against the US dollar, with 100 US dollars trading at 157,000 dinars.

Iraqi Prime Minister Ali Faleh Al-Zaidi met with US financial institutions, banks, and President Donald Trump in New York and Washington.

Oil exports have rebounded near normal levels to 4.5 million barrels daily, bolstered by stabilizing financial conditions.

Channel8 sources note that expanding electronic platform access for traders and steady US dollar inflows are critical factors supporting the currency.

The Iraqi dinar registered notable gains against the US dollar following a high-level diplomatic and economic tour by Prime Minister Ali Faleh Al-Zaidi to the United States.

Key Financial Developments and Economic Drivers

Official Engagements: Prime Minister Al-Zaidi, accompanied by the ministers of finance and electricity, held pivotal discussions with US financial institutions to build active economic partnerships and reinforce national monetary stability.

Oil Export Recovery: With production reaching 4.5 million barrels per day and exports exceeding 70 million barrels last month, oil revenues have largely stabilized following disruptions tied to the regional conflict with Iran.

Market Perspectives: Erbil currency market spokesperson Keify Khoshnaw told Channel8 that while dinar strength depends heavily on dollar liquidity, market volatility may persist through the end of the month amid ongoing coalition footprint adjustments.

FYI

The Central Bank of Iraq manages monetary policy and regulates foreign currency exchange through electronic platforms designed to streamline trade financing and stabilize market exchange rates.  link

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Tishwash:  Al-Zidi discusses with the head of the Middle East Institute the path of economic and financial reforms

Prime Minister Ali al-Zaidi received Stuart Jones, President of the Middle East Institute for Research and Studies, at his residence in New York on Thursday, on the sidelines of his participation in the 81st session of the United Nations General Assembly

During the meeting, regional and international developments were discussed, along with the economic and financial reforms being pursued by Iraq, and the government's efforts to enhance the investment environment, support the national economy, and diversify sources of income

Stuart Jones praised the Iraqi government’s success in implementing its anti-corruption policies, addressing financial issues, and advancing the economic reform process that supports the move towards a more efficient economy and stimulates investment climates in Iraq, thereby enhancing opportunities for development, economic partnership, and investment with major companies.   link

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Tishwash:  Under the patronage of Al-Zaidi, Iraq hosts a roundtable for American and Iraqi banks.

Prime Minister Ali al-Zaidi affirmed on Friday that the government looks forward to an effective partnership with American financial institutions and banks, which will contribute to the development of the Iraqi banking sector.

The Prime Minister's Media Office stated in a press release that, "Under the patronage and in the presence of Prime Minister Ali al-Zaidi, the Permanent Mission of Iraq to the United Nations in New York hosted a roundtable discussion on Thursday, Baghdad time, for representatives of a group of American banks and financial institutions, along with a number of officials and specialists in economic and financial affairs, and representatives of Iraqi banks."

According to the statement, the Prime Minister emphasized in his remarks that "Iraq is witnessing a new phase of economic transformation and financial and banking reform," noting that "the weakness of the Iraqi banking system in recent years was partly linked to its limited openness and integration with the international banking system, particularly with American banks."

Al-Zaidi called on American banks and financial institutions to participate in building a new economic future for Iraq, stressing that "the entry of American banks into the Iraqi market will represent a qualitative leap in developing the banking sector, strengthening its relationship with the global financial system, and enhancing the efficiency of financial and investment transactions."

He stated that "Iraq is currently facing a new economic phase, producing approximately 4.5 million barrels of oil per day. The government's policy aims to increase production levels to 10 million barrels per day, as part of a vision to maximize resources and utilize them for development and economic diversification."

Al-Zaydi also emphasized Iraq's openness to American and international companies and banks, and the government's efforts to provide an attractive investment environment and offer necessary facilities to investors. He noted that "American banks have ample opportunities to participate in the Iraqi economy and finance projects and investments across various sectors."

He continued, "The government also looks forward to an effective partnership with American financial institutions and banks, which will contribute to developing the Iraqi banking sector and more effectively integrating the Iraqi economy into the global financial and economic system."

He explained that "the government has established a clear roadmap for economic, financial, and banking reform, and has begun a comprehensive reform plan for state-owned banks. This plan aims to enhance their efficiency, raise the level of governance and compliance, and establish a banking sector capable of meeting the demands of the modern economy."

He affirmed that "the anti-corruption and public funds protection measures are moving in the right direction, as the government is working to strengthen the systems and procedures that ensure the protection of state funds and raise the level of transparency and governance."  link

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

Tishwash:  The Foreign Minister will visit Washington at the end of this month to continue discussions on developing cooperation.

Foreign Minister Fuad Hussein meets with US Assistant Secretary of State for Near Eastern Affairs Donald Blome.

Discussing developments in the security situation in the Middle East region and its repercussions on the countries of the region.

The meeting took place on the sidelines of the 81st session of the United Nations General Assembly in New York.

The Foreign Minister said during the meeting, which took place on the sidelines of the 81st session of the United Nations General Assembly in New York, according to a statement from the Ministry of Foreign Affairs, that “Iraq was among the countries most affected by the tensions and conflicts between the United States and Iran and the accompanying security and economic repercussions,” stressing “the importance of sparing Iraq and the region further repercussions resulting from the escalation of tensions.”

The Foreign Minister notes Iraq’s continued support for international efforts aimed at reaching an understanding between the United States and Iran that would contribute to ensuring the security and freedom of navigation in the Strait of Hormuz.

Fuad Hussain praises the diplomatic efforts being made by Pakistan, Qatar and the United States in this regard.

The Foreign Minister indicated his upcoming visit to Washington at the end of this month to complete discussions on developing cooperation between the two countries in the political, security and economic fields.

He stressed the importance of continued cooperation between the Central Bank of Iraq and the US Treasury Department in combating money laundering and promoting compliance with international banking standards.

The meeting addressed the new sanctions that the US administration intends to impose on Iran and their potential repercussions on Iraq, as well as the course of security and military cooperation between the two countries and the transition to a future phase that focuses on advice, training and intelligence cooperation, in conjunction with completing the procedures for ending the mission of the international coalition in Iraq.

Both sides emphasized "the importance of continuing the partnership in the field of combating terrorism and enhancing Iraqi capabilities in this area."  link

News, Rumors and Opinions Saturday 9-26-2026

KTFA:

Clare:  Under the Patronage of Prime Minister Ali Faleh Al-Zaidi, Iraq’s Permanent Mission to the United Nations Hosts Roundtable for Representatives of U.S. and Iraqi Banks

Under the patronage and in the presence of Prime Minister Ali Faleh Al-Zaidi, Iraq’s Permanent Mission to the United Nations in New York hosted a roundtable for representatives of a number of U.S. banks and financial institutions, as well as officials and specialists in economic and financial affairs and representatives of Iraqi banks.

In his remarks, the Prime Minister affirmed that Iraq is entering a new phase of economic transformation and financial and banking reform.

He noted that the weakness of Iraq’s banking system in recent years was due in part to its limited openness to and engagement with the international banking system, particularly U.S. banks.

The Prime Minister called on U.S. banks and financial institutions to participate in building a new economic future for Iraq, stressing that the entry of U.S. banks into the Iraqi market would represent a qualitative shift in the development of the banking sector, strengthen its ties with the global financial system, and enhance the efficiency of financial and investment transactions.

The Prime Minister stated that Iraq is now entering a new economic phase. It currently produces approximately 4.5 million barrels of oil per day, while the government’s policy aims to raise production levels to 10 million barrels per day as part of a vision focused on maximizing resources, directing them toward development, and diversifying the economy.

Prime Minister Al-Zaidi also affirmed Iraq’s openness to U.S. and international companies and banks, as well as the government’s efforts to provide an attractive investment environment and the necessary facilitation for investors. He noted that U.S. banks have broad opportunities to participate in the Iraqi economy and finance projects and investments across various sectors. The government also looks forward to an effective partnership with U.S. financial institutions and banks that contributes to developing Iraq’s banking sector and integrating the Iraqi economy more effectively into the global financial and economic system.

The Prime Minister explained that the government has established a clear starting point for economic, financial, and banking reform and has begun implementing a comprehensive reform plan for state-owned banks.

The plan is intended to enhance their efficiency, strengthen governance and compliance, and establish a banking sector capable of meeting the requirements of a modern economy. He also affirmed that measures to combat corruption and protect public funds are moving in the right direction, as the government works to strengthen systems and procedures that safeguard state funds and raise standards of transparency and governance.

Media Office of the Prime Minister

September 25, 2026

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Clare:  The Central Bank of Iraq mandates new procedures for import transfers from banks.

9/24/2026

Al-Mustaqilla obtained a document issued by the Central Bank of Iraq, which includes a new executive mechanism to regulate foreign financial transfers for import purposes, and link them to customs declaration procedures and the prior payment of fees and tax deposits.

According to the document, issued by the Banking Supervision Department on September 24, 2026 and addressed to all licensed banks, the procedures come in implementation of paragraph four of Cabinet Resolution No. 413 of 2026, and with reference to the letter from the Ministry of Finance/General Authority of Customs.

The mechanism requires banks to ensure that all financial transfers allocated for imports are subject, before the transfer process is completed, to declaration or "pre-statement" and the pre-payment of customs duties and tax deposits through the ASYCUDA system.

The Central Bank also mandated that banks continue to include the pre-statement number in the data of external financial transfers, and link it electronically to the banking transfer system, in order to allow for matching the transfer with the pre-statement and accurately monitoring the import process.

The document reveals that the pre-clearance procedures will include all external transfers, whether financed from the banks’ own balances or from the balances reinforced by the Central Bank of Iraq, while the Central Bank is responsible for providing the General Authority of Customs with data on those transfers.

The instructions also included standardizing the coding of foreign transfers, which allows differentiation between transfers for importing goods and merchandise and transfers for shipping, insurance and services related to imported goods.

Under the mechanism, banks will follow up on financial transfers related to goods to be imported, as well as deal in accordance with applicable decisions and instructions with importers whose goods have not entered or whose import process has not been completed.

One of the important measures included in the document is obligating banks to obtain SWIFT verification of transfers before the initial approval of the preliminary statement, which enhances the matching process between the financial transfer and the import transaction.

The mechanism also stipulated the adoption of an electronic system for refunding customs duties and tax deposits previously collected in the event of a transfer being rejected or the import not being carried out in whole or in part, in coordination between the General Authority of Customs, the General Authority of Taxes and the Accounting Department in the Ministry of Finance.

However, the document stipulated that in cases of total or partial non-import, the funds that were transferred must be returned first, and confirmation must be provided from the bank that executed the financial transfer.

The Central Bank called on the Ministry of Finance, the General Authority of Customs, the General Authority of Taxes, and all banks to organize an explanatory media campaign before the date of implementation of the new procedures.

These instructions refer to tightening the linking of funds allocated for imports with customs and tax data, with the aim of raising the level of conformity and tracking between external transfer and the actual import of goods.  LINK

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

Jeff   They're completely telling you, October moving forward, they're sovereign and international...The only way Iraq can be financially sovereign is to have full control over their own money, to have all their OPEC dollars back in their possession.  They have to have full control of their money system...reserves, everything.  I can't stress that enough.

Jeff   As we get closer to September 30th, with the full withdrawal of US forces, do you see Iraq overall transitioning from a war era to a bilateral business era?  I do.  For example, PM Zaidi...signing/massing business economic trade agreements.  Plus they have all these new taxes coming forward.  They have the prepaid transit fees coming forward on October 1st.   Major things happening as we get close to this date of September 30th at which US troops will be completely out of Iraq...

Ariel  The digital Dinar (dIQD) is ready. The CBI’s digital Dinar (dIQD) is already designed to work on a permissioned ledger (meaning only trusted banks can touch it). When the new rate is announced, your paper IQD will be instantly convertible into digital Dinar (dIQD) at the new rate.

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Something Is About To Break...Here's Why

George Gammon:  9-26-2026

Warren Buffet is selling~ here is why.

https://www.youtube.com/watch?v=Jot8gGnojBQ

Iraq Economic News and Points To Ponder Saturday Morning 9-26-26

Iraqi Dinar Strengthens Against Us Dollar Following Prime Minister's Us Visit

Ahmed Mohammed    At a Glance

• The Iraqi dinar has strengthened against the US dollar, with 100 US dollars trading at 157,000 dinars.

• Iraqi Prime Minister Ali Faleh Al-Zaidi met with US financial institutions, banks, and President Donald Trump in New York and Washington.

• Oil exports have rebounded near normal levels to 4.5 million barrels daily, bolstered by stabilizing financial conditions.

• Channel8 sources note that expanding electronic platform access for traders and steady US dollar inflows are critical factors supporting the currency.

The Iraqi dinar registered notable gains against the US dollar following a high-level diplomatic and economic tour by Prime Minister Ali Faleh Al-Zaidi to the United States.

Key Financial Developments and Economic Drivers

• Official Engagements: Prime Minister Al-Zaidi, accompanied by the ministers of finance and electricity, held pivotal discussions with US financial institutions to build active economic partnerships and reinforce national monetary stability.

• Oil Export Recovery: With production reaching 4.5 million barrels per day and exports exceeding 70 million barrels last month, oil revenues have largely stabilized following disruptions tied to the regional conflict with Iran.

• Market Perspectives: Erbil currency market spokesperson Keify Khoshnaw told Channel8 that while dinar strength depends heavily on dollar liquidity, market volatility may persist through the end of the month amid ongoing coalition footprint adjustments.

FYI

The Central Bank of Iraq manages monetary policy and regulates foreign currency exchange through electronic platforms designed to streamline trade financing and stabilize market exchange rates.    https://channel8.com/english/news/66318

The Arms Embargo Hinges On Three Issues... Will Washington Impose Sanctions On Iraq?

2026-09-25 | SumerianNews - A political figure  announced that a member of the Tafawuq parliamentary blocFaisal Al-IssawiThe issue of restricting weapons depends on three matters, while imposing [a ban/restrictions] is ruled out.USSanctions onIraq.

He saidAl-IssawiIn a statement to the program "Openly" which is broadcast on satellite TVSumerian"Security issues, including the presence of certain factions and their weapons, have an impact on the overall situation," he said, adding that "matters will not escalate to sanctions, and America will not impose sanctions on..."Iraq"

  He considered thatUS"It is involved in numerous regional issues and does not want to drag Iraq into another crisis, but it will use pressure tactics, including internal ones, to exert pressure on certain parties," he noted, adding that "the political forces, including the factions, ultimately agree on the goal of regulating the weapons file."

He stated that "the disagreement regarding the restriction of weapons revolves around the timing, mechanisms, and terminology, issues that require internal dialogue," explaining that "there is an opinion within some circles that responding to demands related to weapons regulation should be met with tangible Western steps toward Iraq, particularly in the economic, service, and investment sectors."

Regarding the lawPopular Mobilization ForcesAl-Issawi said that his bloc has "observations on some details of the text, including those related to structures and administrations," stressing "the right of political forces to discuss and amend texts withinHouse of RepresentativesHe stressed

that “unless the Popular Mobilization Forces Law is passed, there will be no regulatory step after it,” considering that “the passage of the law represents the first point from which the rest of the steps related to regulating the weapons file must begin.” https://www.alsumaria.tv/news/politics/577049/حصر-السلاح-متوقف-على-ثلاث-قضايا-هل-ستفرض-واشنطن-عقوبات-على-العراق؟

Qi Mastercard Purchases Abroad Stopped Since Sept. 19, Company Source Says

BAGHDAD — Cardholders with Qi Mastercard cards have been unable to make purchases abroad since Sept. 19 because of system upgrades, a source at the company told 964media, confirming at least part of the complaint that Iraqi cards were failing overseas. Qi’s Visa cards continue to work outside Iraq.

“Development work is currently underway at the company, and because these upgrades took place directly on the system, there has been some disruption for all Qi Mastercard users,” said the source, who asked not to be named.

“They were working normally, and users could make purchases abroad before Sept. 19, but purchases have now stopped, while Visa cards issued by Qi continue to work normally outside Iraq.”

Withdrawals, payments and transfers inside Iraq are working on both, including personal, savings, employee, pension, business and gaming cards. No date was given for restoring the service.

Qi is one of Iraq’s main card issuers, widely used to pay public salaries, pensions and welfare benefits. Qi Visa cards carry a monthly limit of 6 million dinars on purchases abroad, about $4,500 at the official rate at which card spending overseas is settled. International ATM withdrawals are capped at 500,000 dinars a month for most cardholders, about $380, split into withdrawals of 200,000, 200,000 and 100,000 dinars, and at 650,000 dinars for employee and pension cards.

The source said Visa cards may also fail abroad if the limit has been reached, international use has not been enabled, the card has not been activated or the balance is insufficient.

The Trade Bank of Iraq denied on Tuesday that its own cards had been suspended, after former lawmaker Majid Shankali said Iraqis abroad, including students, retirees and travellers, had been unable to use cards issued by Iraqi banks for several days.

The disruption began on the day the Central Bank said its reserves were sufficient to settle card transactions, finance trade and supply travellers with dollars at the official rate, amid a widening gap between the official rate of 1,320 dinars to the dollar and a parallel market that reached about 1,602 at the weekend. Using a card abroad is currently the cheapest way for Iraqis to buy dollars.     https://en.964media.com/52965/

Iraq Prime Minister's Office And Kuwait Joint Statement

المكتب الإعلامي لرئيس الوزراء 🇮🇶  @IraqiPMO   Translated from Arabic Iraqi-Kuwaiti Joint Statement •••••••••• Based on the outcomes of the meeting between the Prime Minister of Iraq, Mr. Ali Falih Al-Zaidi, and His Highness the Crown Prince of the State of Kuwait, Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah, on the sidelines of the 81st session of the United Nations General Assembly in New York, and proceeding from the two brotherly countries' keenness to enhance bilateral relations and address outstanding files in a spirit of brotherhood, good neighborliness, and shared interests,

the two sides agreed on the following:

1- Forming a joint Iraqi-Kuwaiti working team tasked with reviewing the outstanding files, developing a roadmap for addressing them, and submitting its joint recommendations to the leaderships of the two countries within a period not exceeding (thirty days).

2- The team shall hold its meetings alternately between Baghdad and Kuwait on a continuous basis until the completion of its work.

The two sides affirm their full support for the team's work and their keenness to accomplish its mission, in a manner that contributes to closing the outstanding files and opening a new phase of cooperation and partnership between the two brotherly countries, serving the interests of the Iraqi and Kuwaiti peoples.

Rate this translation: · Sep 25, 2026   https://x.com/IraqiPMO/status/2103603851123159142