Iraq Economic News And Points To Ponder Monday Morning 3-30-26

Israel Approves A Record Budget Of Approximately $271 Billion

Money and Business   Economy News - Follow-up   The Israeli Knesset on Monday approved the largest budget in Israel’s history, worth 850.6 billion shekels (about $271 billion), in a crucial vote that averted early elections that would have been imposed if it had not been approved before the legal deadline.

The vote passed by a majority of 62 to 55, after a marathon session that lasted more than 13 hours and was repeatedly interrupted by Iranian missile sirens, sometimes forcing MPs to vote from fortified rooms.

The budget saw an unprecedented increase in defense allocations, reaching 143 billion shekels, along with billions allocated to educational institutions as part of the ruling coalition's priorities, including an additional 800 million shekels, according to the Times of Israel.

Meanwhile, Israeli Finance Minister Bezalel Smotrich described the budget as "taking care of everyone and supporting the economy in times of war."

In contrast, opposition leader Yair Lapid attacked the budget, calling it "the biggest theft in the history of the state," amid widespread criticism of the sudden amendments and increased funding for the Haredim despite the controversy over their exemption from military conscription. https://www.economy-news.net/content.php?id=67304

Iraq Is Losing About $11 Million A Month Due To The Suspension Of Air Traffic.

Money and Business   Economy News – Baghdad   The Echo Iraq Observatory announced on Monday that Iraq is losing about $360,000 a day as a result of the suspension of flights through its airspace, which is equivalent to $10.8 million a month, amid the repercussions of the ongoing war in the region.

The observatory explained that before the outbreak of the war, Iraqi airspace witnessed the passage of about 800 aircraft daily, both local and foreign, which is higher than the previous rates that ranged between 700 and 750 aircraft daily.

He added that the fees for a single aircraft crossing Iraqi airspace amounted to about $450, which provided daily revenues estimated at $360,000.

The observatory noted that the suspension of air traffic came after the Ministry of Transport announced, on February 28, the closure of Iraqi airspace due to security developments in the region.https://www.economy-news.net/content.php?id=67310

Eurozone Bonds Are Nearing Their Worst Monthly Performance In A Decade.

Money and Business   Economy News - Follow-up   Eurozone government bonds are on track to record one of their worst months in the past decade, driven by inflation fears stemming from rising oil and gas prices due to the war with Iran and the closure of the Strait of Hormuz.

Italy’s 10-year borrowing costs rose to 4.14%, their highest level since mid-2024, while French 10-year bond yields touched 3.9%, the highest since 2009, and Spanish yields rose to 3.7% for the first time since late 2023.

Fund managers believe that rising long-term bond yields are exacerbated by the expected impact on public finances resulting from higher borrowing costs and measures aimed at protecting consumers from rising prices.

Investors are betting that the European Central Bank will raise interest rates three times this year to contain an expected wave of inflation. https://www.economy-news.net/content.php?id=67314

Bloomberg Reveals The Extent Of The Impact Of The Strait Of Hormuz Closure On Oil Flows

Money and Business   Bloomberg News reported on Sunday the extent of the impact of the Strait of Hormuz closure on global oil flows.  Citing data, Bloomberg stated, "The closure of the Strait of Hormuz has reduced global oil flows by approximately 11 million barrels per day."

It added, "The fuel supply shortage has created a gap of nearly 9 million barrels per day, exceeding the total consumption of several European countries."

Tensions are escalating in the vital Strait of Hormuz, through which about 20% of the world's oil supply passes, amidst the ongoing conflict between Iran and the US-Israeli alliance.

Since February 28, 2016, the United States and Israel have been waging a large-scale military campaign against Iran, resulting in the assassination of Supreme Leader Ayatollah Ali Khamenei and dozens of other commanders. The conflict has been marked by continued exchanges of missile and drone strikes, further escalating tensions in the region. https://www.economy-news.net/content.php?id=67289

Capital Intelligence Awards An Iraqi Bank A Global Rating For Its Ability To Absorb Risks Despite Challenges.

Banks   Economy News – Baghdad    Capital Intelligence Ratings announced that it has affirmed the National Bank of Iraq’s core financial strength rating at “BB”, along with affirming its long-term and short-term foreign currency ratings at “B”, with a stable outlook. 

 The bank said in a statement, “These ratings come as part of the periodic annual review conducted by the global rating agency to assess the financial performance of banking institutions. The rating reflects the strength of the National Bank of Iraq’s financial position and growing operational performance, along with its continued commitment to applying the best international banking standards, which enhances the levels of confidence it enjoys among its customers and partners in the market.” 

 According to the agency's report, the bank has succeeded in developing its balance sheet and capital base to become the largest bank in the Iraqi private sector, driven by a flexible business model and a banking strategy focused on providing banking services to companies and individuals.

 Commenting on this achievement, the Managing Director of the National Bank of Iraq, Ayman Abu Dhaim, said, “The confirmation of our credit ratings by a prestigious global agency like Capital Intelligence, with the highest ratings awarded in the Iraqi market, is a testament to the strength of our financial position and the effectiveness of our expansion strategy.

We are committed to continuing to innovate and apply the best international standards to serve our clients and enhance our role as a key partner in supporting the Iraqi economy, especially with our recent investment in the electronic payment sector, which will reshape the digital banking experience in the country.” 

 Capital Intelligence praised the bank's high operational efficiency, which maintained the best profitability levels among Iraqi banks. It also noted the bank's commitment to the new capital requirements set by the Central Bank of Iraq, which enhances its ability to absorb risks and continue sustainable growth in a challenging operating environment. 

The agency also affirmed the bank’s national ratings in Iraq at “iqA” for the long term and “iqA1” for the short term, with a stable outlook for all ratings.

 The National Bank of Iraq’s core financial strength rating and national rating are the highest among Iraqi banks covered by Capital Intelligence, reflecting the bank’s robust financial position and asset quality, along with strong liquidity supported by a growing customer deposit base and high profitability levels. https://www.economy-news.net/content.php?id=67313

The Qatar Central Bank Is Taking A Series Of Measures To Protect The Financial System.

Banks   Economy News - Follow-up   The Qatar Central Bank announced a package of proactive measures to protect the country’s financial system in light of the geopolitical events the country is going through.

In a statement published by the bank, the Central Bank explained that the bank's financial position is in excellent condition, that the liquidity situation in the country is solid, and that capital levels significantly exceed regulatory requirements.

The bank explained that Qatar’s financial system has a strong financial structure that is the result of years of work.

 Regarding the new procedures, the bank explained that it will provide unlimited repurchase (repo) facilities in Qatari Riyals, in addition to overnight repurchase facilities, and the bank will launch facilities for term repurchase operations of up to three months.

These measures enable banks to manage their cash flows with a degree of certainty. The bank also added measures to support borrowers. https://www.economy-news.net/content.php?id=67303     

The Central Bank Of Kuwait Launches A Stimulus Package For Local Banks.

Banks   Economy News - Follow-up   The Central Bank of Kuwait has launched a package of stimulus measures for local banks as part of its ongoing monitoring of current geopolitical developments.

The bank said the package included regulatory instructions and macroprudential policy tools with regard to regulatory liquidity requirements and the capital adequacy ratio, ensuring increased flexibility in the local banking sector to support economic activity and the stability of banking operations.

He explained that the measures included reducing the liquidity standards applied to banks, such as the liquidity coverage ratio, the net stable funding ratio, and the regulatory liquidity ratio, in addition to raising the maximum limits for cumulative gaps in the liquidity system and raising the maximum limit available for granting financing.

https://www.economy-news.net/content.php?id=67254

MilitiaMan and Crew: IRAQ DINAR UPDATE-Iraq's Reforms-Stability-REER Readiness

MilitiaMan and Crew: IRAQ DINAR UPDATE-Iraq's Reforms-Stability-REER Readiness

3-29-2026

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

The best and most relevant Iraqi Dinar News updates online. No drama. No intrigue. No songs and dances. Just straight news that Militiaman reads and interprets to the best of his ability after being an avid investor and insanely obsessed Dinarian for over 15 years.

Follow MM on X == https://x.com/Slashn

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=J2lDo5QMbxY

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 3-29-26

Good Afternoon Dinar Recaps,

Oil Chokepoint Crisis: Strait of Hormuz Talks Signal Urgent Push to Stabilize Global Energy Flows

Regional powers move quickly to reopen one of the world’s most critical shipping lanes as geopolitical tensions threaten energy markets.

Overview

A high-stakes diplomatic push is underway as Pakistan, Turkey, Egypt, and Saudi Arabia coordinate efforts to address disruptions in the Strait of Hormuz, a vital artery for global oil and gas shipments.

With shipping flows partially halted due to ongoing conflict involving Iran, the urgency to restore stability has intensified amid rising oil prices and global supply concerns.

Key Developments

1. Regional Coalition Forms to Address Shipping Crisis

Pakistan hosted emergency talks with Turkey, Egypt, and Saudi Arabia, signaling a coordinated regional response to the escalating situation.

Discussions focused on reopening the Strait of Hormuz and ensuring the safe passage of energy shipments critical to global markets.

2. Strategic Proposals Sent to the United States

Participants developed proposals for the U.S. that include structured maritime transit systems, potentially modeled after Suez Canal-style fee mechanisms.

This reflects a shift toward managed access and shared oversight of critical trade routes.

3. Consortium Model Emerges for Energy Flow Management

Talks included the idea of forming a multi-nation consortium involving Turkey, Egypt, and Saudi Arabia to coordinate and manage oil transportation flows.

Pakistan has been invited to participate, highlighting a move toward regional control of strategic infrastructure.

4. Diplomatic Channels Remain Active Despite Conflict

Pakistan’s leadership has maintained direct communication with U.S. officials, while Turkey continues pushing for a ceasefire framework tied to safe shipping access.

In a positive development, Iran has allowed additional Pakistani-flagged vessels to transit the Strait, suggesting limited cooperation amid tensions.

Why It Matters

The Strait of Hormuz is one of the most critical energy chokepoints in the world, and any disruption has immediate ripple effects across global markets.

Efforts to restore shipping access are not just about logistics—they are about stabilizing energy prices, supply chains, and economic confidence worldwide.

Why It Matters to Foreign Currency Holders

Energy flows directly influence currency strength, inflation, and trade balances.

A prolonged disruption could trigger oil price spikes, impacting major economies and accelerating currency volatility across both developed and emerging markets.

Implications for the Global Reset

• Pillar 1 — Control of Strategic Trade Routes
  ‍ ‍Nations are increasingly seeking regional oversight of critical infrastructure, reducing reliance on external control mechanisms.

• Pillar 2 — Energy and Currency Interconnection
  ‍ ‍Oil flow disruptions reinforce the link between energy security and monetary stability, a key factor in global financial restructuring.

This is not just a conflict — it is a test of who controls the arteries of global trade.

Seeds of Wisdom Team View

This situation highlights a deeper trend: geopolitics and global finance are becoming inseparable.

Control over energy routes like the Strait of Hormuz is evolving into a central pillar of economic influence, shaping not only markets but also future financial systems and alliances.

What we are witnessing is not temporary disruption—it is the strategic repositioning of global power through infrastructure and energy control.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — "Pakistan hosts regional talks on Iran crisis, with focus on Strait of Hormuz"

• Reuters — "Oil prices surge as Strait of Hormuz tensions disrupt global shipping"

~~~~~~~~~~

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RV Updates Proof links - Facts 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 Sunday Afternoon 3-29-26

Calls For The Enactment Of The Oil And Gas Law Within A Constitutional Framework

Baghdad: Muhannad Abdul Wahab  The passage of the oil and gas law is a pivotal step towards regulating the management of national wealth in Iraq and ensuring a fair distribution of revenues between the federal government and the regions, while preserving the sovereignty of the state and the rights of all Iraqis.

Members of the House of Representatives and legal experts stress the need to establish a robust constitutional framework that ends disputes, enhances transparency, and keeps pace with modern developments in the energy industry, while protecting national resources from waste and mismanagement, thus paving the way for a new phase of wise oil and gas management and promoting national and international investment in this vital sector.

It is worth noting that the House of Representatives, during its session that discussed the repercussions of exporting Iraqi oil, recommended that the next government program should include the enactment of the oil and gas law, and that it should be presented to the House of Representatives in order to begin voting on it.

MP Ahmed Shaheed told Al-Sabah that passing the oil and gas law represents a fundamental step to regulate the management of national wealth between the federal government and the regions, ensuring a fair distribution of revenues and preserving the sovereignty of the state and the rights of all Iraqis.

Shahid called for the swift enactment of the law to provide a fair constitutional framework for Iraqis and to end disputes related to the management of oil wealth, especially between Baghdad and the Kurdistan Region.

He added that "the current stage requires a thorough study of the law's articles and their revision to keep pace with modern changes in the energy industry and global developments in natural resource management, along with a review of oil contracts and agreements to ensure their consistency with the Iraqi constitution and to safeguard national sovereignty over natural resources."

The MP emphasized that "updating the law's provisions must include clear mechanisms for managing oil fields, regulating contracts with international companies, and guaranteeing transparency in revenues, thereby putting an end to the leakage of wealth and the waste of resources, and establishing a new era of sound oil and gas management in Iraq."

For his part, MP Ali Saber told Al-Sabah that “addressing the oil and gas issue in Iraq should not be limited to enacting a law only, but requires an integrated legislative and economic vision that reorganizes the philosophy of managing national wealth in a manner consistent with the constitution and the requirements of modern development.”

He explained that "the current stage calls for a comprehensive review of the legal system regulating the oil sector, through the preparation of specialized parliamentary studies that examine the mechanisms of investment, production and export, in addition to setting clear rules for managing oil revenues in a way that achieves a balance between the federal government and the producing regions and governorates."

Saber pointed out that "updating the legal framework for the oil sector must take into account global shifts in energy markets and adopt the principles of governance and transparency, while developing parliamentary oversight mechanisms to ensure the sound management of natural resources and prevent any waste or misuse of oil wealth."

 He added that "developing the oil investment environment is a fundamental factor in strengthening the national economy, as a clear and stable legal framework encourages international companies to expand their investments in oil fields, gas projects, and energy infrastructure. This will positively impact increased production, job creation, and diversification of income sources, thus supporting the long-term stability of the Iraqi economy."

For her part, Dr. Zainab Al-Saadi, a legal expert specializing in constitutional affairs, confirmed in a statement to Al-Sabah that Article 112/First of the Constitution constitutes an explicit legal and constitutional obligation on the federal government, regulating the relationship with the oil-producing regions and governorates. 

She explained that "this article gives legal texts binding force to protect the rights of oil-producing entities and ensure a fair distribution of resources, which makes any new agreements unnecessary, whether through temporary budget laws that end with the end of the fiscal year or through political understandings that are not based on a clear constitutional basis."

Al-Saadi added that “adherence to this constitutional framework reinforces the principle of the rule of law and limits any transgressions that may occur as a result of non-binding political understandings or agreements,” stressing that “the constitution has established clear mechanisms to ensure the stability of the relationship between the federal government and the oil-producing regions and governorates, in a way that preserves everyone’s rights and ensures the management of national resources according to sound legal frameworks.”

She noted that "the application of these constitutional provisions represents the cornerstone of any future policies related to oil and resources and prevents legal vacuums or illegal practices that could lead to disputes between the central government and the regions."https://alsabaah.iq/129833-.html

MP: Passing The Oil And Gas Law Will End The Region's "Rebellion" And Guarantee The Rights Of Producing Provinces

 Information/Baghdad...   Member of Parliament, MP Ahmed Al-Shammari, revealed on Thursday that there is intensive parliamentary activity and a serious parliamentary determination to proceed with approving the oil and gas law that has been stalled for years, indicating that the move comes in conjunction with efforts to form the next government to put a final end to the ongoing oil disputes. 

Al-Shammari stated in an interview with Al-Maalouma News Agency that "the oil and gas law has faced deliberate obstruction and numerous obstacles during past parliamentary sessions."

He pointed out that "political forces in the region lacked the genuine desire to enact the law for fear of losing control over the oil sector, which is currently managed outside of central oversight." He emphasized that "the next phase will not allow the continuation of this state of 'oil chaos.'" 

He added that "the law will serve as a decisive legal tool to fully control oil revenues and unify their disbursement channels, ensuring transparency and fairness in the distribution of national wealth."

He further explained that "passing the law will directly contribute to ensuring fairness for oil-producing provinces that have long suffered from an imbalance in financial entitlements compared to their production volume."

He clarified that "Parliament is determined to pass the law to assert state authority over sovereign resources," calling on "all political blocs to prioritize the supreme national interest and move away from partisan entrenchments to ensure the law's passage as soon as possible, thus resolving one of the most significant outstanding issues that has resulted in substantial financial losses." The year. https://almaalomah-me.translate.goog/news/127205/economy/نائب-:-اقرار-قانون-النفط-والغاز-سينهي-تمرد-الإقليم-ويضمن-حقو?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

US Reconsiders Support For Iraq’s PM Amid Iran War

2026-03-29 /   Shafaq News- Washington/ Baghdad   The United States is reassessing support for Iraqi Prime Minister Mohammed Shia Al-Sudani as tensions with Iran escalate, casting doubt on his prospects for a second term, the US-based Middle East Forum reported.

 According to the outlet, the shift follows Al-Sudani’s alignment with Iran-backed factions. On March 24, he said Iraqi armed groups should respond to attacks on their positions, as groups including Kataib Hezbollah and the Badr Organization targeted US interests.

 Iraq’s premiership is decided through negotiations among party leaders, Najaf religious authorities, and external actors, notably Washington and Tehran. However, the current war is shifting that balance, increasing US pressure while reducing Iran’s leverage, as Washington questions Al-Sudani’s reliability and seeks to limit risks to its personnel.

 With tensions rising, Iraq faces a leadership test that will shape whether it remains insulated from the conflict or is drawn deeper into it.  To continue reading, click here.  https://shafaq.com/en/Iraq/US-reconsiders-support-for-Iraq-s-PM-amid-Iran-war

Iraq Affirms At The Arab League: No To Escalation And We Will Not Be An Arena For Regional Conflicts

Baghdad – One News   3/29/2026    Iraqi Foreign Minister Fuad Hussein affirmed his country’s unwavering commitment to the sovereignty of nations and its rejection of escalation, during his chairmanship of the Iraqi delegation at the 165th session of the Council of the League of Arab States.

 Hussein stressed that Iraq will not be an arena for settling regional scores, and will not become a party to any conflict, in a position that reflects Baghdad’s desire to distance itself from the escalating tensions in the region.

 He also stressed that the Iraqi government will not allow its territory to be used to attack neighboring countries, noting its full commitment to preserving the country’s sovereignty and preventing any actions that would harm the security and stability of the region.

 He added that the security of Arab countries is an integral part of Iraqi national security, emphasizing the interconnectedness of Arab security interests and the need to strengthen regional stability through dialogue and avoiding escalation.https://1news-iq.net/العراق-يؤكد-في-الجامعة-العربية-لا-للتص/

Foreign Minister: The War Has Expanded And We Reject The Use Of Our Territory For Attacks

Baghdad – One News  3/29/2026    Iraqi Foreign Minister Fuad Hussein confirmed that the ongoing war is no longer confined, but has expanded to several countries and different arenas, noting that Iraq is being subjected to attacks that affect its sovereignty from external and internal parties.

 Hussein stressed that Baghdad is not in favor of war and constantly calls for resolving crises through dialogue and negotiations, while supporting any efforts aimed at calming tensions between the United States and Iran.

 He explained that the conflict is no longer just military, but has extended to the economic sphere, warning of its serious repercussions on the global economy, stressing that Iraq condemns any attacks on other countries, as well as any aggression launched from its territory.

 He added that Iraq is dealing with the repercussions of the war within its territory, at a time when the entire region has entered an atmosphere of conflict, stressing that the decision of war and peace is solely in the hands of the Iraqi government, as is the decision to defend the country.

He pointed out that Iraq does not consider itself to be at war with the United States and considers it a friendly country. He also described Iran as a neighboring and friendly country, reiterating his rejection of any attacks on the Gulf states.

 He explained that there is ongoing communication with the American side to understand the internal Iraqi situation, with outstanding issues that must be resolved, stressing that no armed faction inside Iraq has the right to carry out attacks against any party, and that Baghdad stands against any aggression against any country.

https://1news-iq.net/وزير-الخارجية-الحرب-توسعت-ونرفض-استخد/

US Warning: Threats Of Attacks On Iraqi Universities And Criticism Of Baghdad

Baghdad – One News     3/29/2026    The US State Department warned of possible intentions by Iran and its allied militias to carry out attacks targeting sites inside Iraq, including universities in Baghdad, Sulaymaniyah and Dohuk that are seen as having ties to the United States.

 The Foreign Ministry confirmed that these entities had previously targeted Americans and sites linked to Washington in various parts of Iraq, noting that the risk of attacks by missiles, drones and missiles still exists in Iraqi airspace.

Washington criticized the Iraqi government, arguing that it had failed to prevent terrorist attacks launched from Iraqi territory against American and regional targets. (this is the main problem - they did nothing but give lip srvice..!)

https://1news-iq.net/تحذير-أمريكي-تهديدات-بهجمات-على-جامعا/

“Tidbits From TNT” Sunday 3-29-2026

TNT:

Tishwash: Expert: War exacerbates Iraq's financial crises and threatens salaries and the economy

 Economic expert Salah Nouri warned on Saturday that the war waged by the United States and Israel against Iran has clear repercussions on the global economic situation, further complicating the financial situation in Iraq.

Nouri told Al-Furat News Agency that: “Iraq faces major challenges before the outbreak of any war, due to the failure to approve budgets and the financial liquidity crisis, in addition to the size of internal and external debts and the obligations of interest and repayment, in light of the weak possibility of exporting crude oil in accordance with the general budgets.”

He added, "These external and internal circumstances are exacerbating the financial deficit and directly impacting the payment of salaries to current employees and retirees, as well as pushing the economy toward recession."

Nouri emphasized that "the solutions offered by the executive branch to address these challenges are still unclear." link

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Tishwash:  Rubio: The military operation in Iran will end in weeks with guaranteed objectives.

US Secretary of State Marco Rubio confirmed on Friday (March 27, 2026) that the US military operation in Iran is proceeding according to plan, indicating that the timing of the end of operations will be within weeks, not months.

Rubio said in a statement that "we had a good meeting with the G7 ministers," stressing that "we have objectives in Iran and we believe we are close to achieving them."

He added that "the operation in Iran will end on schedule within weeks, not months," indicating that "Iran may decide to establish a transit fee collection system in the Strait of Hormuz."

Rubio noted that "the Iranian people deserve much better than a radical regime that has misused the country's wealth," adding that "Russia is not doing anything for Iran that affects how we conduct the military operation."

He continued, "Our goals have been clear from day one in Iran and we are achieving great success so far," noting that "we will achieve all our goals in Iran even without deploying troops on the ground, but President Trump has all the options."

The region is witnessing extreme tension after the United States escalated its operations against Iran, amid international warnings about the impact of any closure of the Strait of Hormuz on the global economy and energy markets, as the strait is one of the most important waterways for transporting oil, and any fees or restrictions by Iran could lead to higher crude prices and destabilize global trade.  link

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Tishwash: The Prime Minister's advisor reveals the government's options for dealing with the exceptional challenges of the 2026 budget.

The Prime Minister's financial advisor, Mazhar Muhammad Saleh, confirmed on Saturday that the 2026 budget is a test of the economy's ability to adapt to external shocks, while pointing out that strengthening non-oil revenues is the key to economic sustainability in Iraq.

Saleh told the Iraqi News Agency (INA): "Fiscal policy undoubtedly faces exceptional challenges in preparing the 2026 federal budget, given the rapid regional developments and the fluctuations in oil exports, the cornerstone of state revenues."

He added: "The heavy reliance on oil revenues reflects the most prominent public finance challenges in the face of price volatility and export levels, which necessitates that financial decision-makers adopt cautious estimates based on realistic and precautionary assumptions to avoid potential shocks."

He indicated that "public finances are expected to adopt a flexible budget capable of adapting to changes by reprioritizing expenditures, focusing on economically viable projects, and controlling unnecessary operational expenses."

He pointed out that "the vital role of enhancing non-oil revenues is highlighted, through improving collection efficiency and expanding the base of non-oil resources, thereby reducing dependence on oil and enhancing financial sustainability in the medium term."

He added that "given the continued uncertainty in the oil markets, the government may have to adopt a phased financial management approach, by postponing some obligations or adopting temporary spending mechanisms, until the situation becomes fully clear."

He explained that “the 2026 budget is not just a financial document, but represents a test of the Iraqi economy’s ability to adapt to external shocks, especially geopolitical tensions on oil export routes in the Gulf, and to gradually move towards a more diversified and stable financial model that is capable of absorbing the effects of the economic geography of the energy belt in the Middle East, until the war ends.”  link

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Mot: These Diet People Come Up with the Strangest Ideas - Huh!!!

Seeds of Wisdom RV and Economics Updates Sunday Morning 3-29-26

Good Morning Dinar Recaps

Global Financial Shift Accelerates: Policy, Payments, and Power Realignment in Focus

Fresh developments signal that the evolution toward a new global financial framework is gaining momentum.

Overview

In the past 24 hours, key signals across policy, payments, and global coordination point to continued acceleration in the transformation of the financial system.

Rather than a sudden reset, these developments reinforce a gradual but deliberate restructuring of how money is managed, moved, and trusted worldwide.

Key Developments

1. Central Banks Signal Continued Tight Control with Strategic Flexibility

Recent commentary and policy signals suggest central banks are maintaining tight monetary conditions while remaining flexible to respond to economic stress.

This balancing act highlights the challenge of controlling inflation while preserving financial stability in a high-debt environment.

2. Cross-Border Payment Modernization Gains Momentum

Global institutions and policymakers continue advancing initiatives to speed up international payments and reduce transaction costs.

Efforts around real-time settlement systems and digital infrastructure are reinforcing the shift toward a more efficient global payment network.

3. Currency and Trade Alignment Continues to Evolve

Emerging markets are expanding efforts to settle trade in local currencies and diversify financial partnerships.

This trend supports the gradual move toward a more multipolar financial system, where reliance on a single currency framework is reduced.

4. Debt Pressures Continue to Shape Policy Decisions

Ongoing concerns around rising sovereign debt levels are influencing fiscal and monetary strategies globally.

Governments are increasingly focused on sustainability, refinancing strategies, and long-term financial resilience.

Why It Matters

These developments show that multiple pillars of the financial system are evolving simultaneously.

Policy decisions, payment infrastructure, and global trade dynamics are becoming more interconnected, accelerating the transition toward a modernized financial framework.

Why It Matters to Foreign Currency Holders

For currency holders, these shifts influence currency strength, stability, and global demand.

Understanding these trends provides insight into how exchange dynamics and monetary policy direction may evolve over time.

Implications for the Global Reset

• Pillar 1 — Monetary Policy Transition
  ‍ ‍Central banks are navigating a new era of balancing inflation control with systemic stability.

• Pillar 2 — Payment System Transformation
  ‍ ‍Faster, more efficient payment rails are reshaping how money moves globally.

This is not a disruption — it is a coordinated evolution of financial infrastructure.

Seeds of Wisdom Team View

The past 24 hours reinforce a clear message: the system is not standing still — it is being actively refined and upgraded.

Each adjustment, whether in policy, payments, or trade, represents a building block in the next phase of global finance.

The transformation is steady, strategic, and increasingly interconnected.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Global Markets Update: Investors Navigate Policy Signals and Economic Data"

• Bank for International Settlements — "Advancing Cross-Border Payments and Financial Stability Initiatives"

~~~~~~~~~~  

🌱 A Message to Our Currency Holders🌱

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

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

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

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

That is not your failure.

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

Instead, we focus on:

• Verifiable developments • Institutional evidence

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

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team

Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Sunday Morning 3-27-26

Iraq Held 5.2% Of Global Oil Output In 2025

2026-03-  Shafaq News- Baghdad   Iraq ranked second among Arab oil producers in 2025 with a 5.2% share of global output, according to Visual Capitalist.

Saudi Arabia led with 11.26%, followed by the UAE (4.52%), Kuwait (3.05%), and Libya (1.61%). Qatar (1.55%), Algeria (1.35%), and Oman (1.18%) came next, followed by Egypt (0.60%), Bahrain (0.22%), and Syria (0.09%).

Sudan (0.04%), Tunisia (0.03%), and Yemen (0.02%) recorded the lowest shares, while the United States remained the world’s top producer with 16.08%.   https://www.shafaq.com/en/Economy/Iraq-held-5-2-of-global-oil-output-in-2025

Iraq Oil Exports To US Rise To 270,000 Bpd

2026-03-29 Shafaq News- Baghdad  Iraq’s oil exports to the United States rose to 270,000 barrels per day last week, according to the US Energy Information Administration (EIA), marking a sharp increase compared to the previous week.

US crude imports from eight major countries averaged 5.889 million barrels per day, down by 502,000 bpd from 6.391 million bpd a week earlier, the data showed.

Iraqi exports to the US increased by 157,000 bpd from 113,000 bpd in the prior week.

Canada remained the top crude supplier to the US at 3.927 million bpd, followed by Saudi Arabia at 605,000 bpd, Venezuela at 549,000 bpd, and Mexico with 227,000 bpd.

Imports from Brazil reached 164,000 bpd, Colombia 88,000 bpd, and Nigeria 59,000 bpd, while no imports were recorded from Ecuador or Libya.   https://www.shafaq.com/en/Economy/Iraq-oil-exports-to-US-rise-to-270-000-bpd

Iraq Accelerates Northern Export Pipeline Repairs Amid Hormuz Crisis

2026-03-28 Shafaq News- Saladin   Rehabilitation work on the northern export pipeline —part of the Iraq-Turkiye crude oil pipeline connecting Kirkuk to Ceyhan— is advancing around the clock in Saladin province, a senior official at the state-run Oil Projects Company confirmed on Saturday.

Work is ongoing in three daily shifts, 24 hours a day, the official told Shafaq News, with crews conducting hydrostatic testing on the main pipeline and the connected 32-node feeder line. "Completion rates are tracking the defined timetables," the official said, adding that any challenges and obstacles are being addressed immediately to keep work moving.

Hadeer Jaloub, assistant director general of geographic bodies at the company, visited Saladin province to inspect the project's final phases. The head of the Northern Projects Authority and site directors also attended a project management meeting to review progress.

The Iraq-Turkiye Crude Oil Pipeline runs approximately 970 kilometers from the Kirkuk fields in northern Iraq to the Mediterranean port of Ceyhan. The line has been largely idle since 2014 following repeated attacks by armed groups. As of 18 March, Iraq was pumping 250,000 barrels per day through the route after a Baghdad-Erbil agreement unlocked the northern corridor.

The push to complete rehabilitation comes as Iraq's southern export infrastructure has been effectively paralysed due to the ongoing US-Israel-Iran war and the closure of the Strait of Hormuz.

Oil officials said the Production from the country's main southern oilfields has fallen to approximately 800,000 barrels per day, down from 4.3 million barrels per day before the conflict. Storage tanks have reached critical capacity, and southern exports have come to a near-complete halt, with tankers unable to reach Iraq's Gulf terminals.

Oil Minister Hayan Abdul Ghani said on 9 March that the government is "studying several alternatives to ensure continued crude exports through more secure routes," confirming that domestic refineries across the southern, central, and northern regions are operating at full capacity to meet local demand. https://www.shafaq.com/en/Economy/Iraq-accelerates-northern-export-pipeline-repairs-amid-Hormuz-crisis

Dollar rises in Baghdad and Erbil markets

2026-03-29 Shafaq News- Baghdad/ Erbil  The US dollar opened Sunday’s trading higher in Iraq, hovering around 154,500 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,500 dinars per 100 dollars, up from the previous session’s 154,450 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,000 dinars and bought it at 154,000 dinars, while in Erbil, selling prices stood at 154,450 dinars and buying prices at 154,350 dinars   https://www.shafaq.com/en/Economy/Dollar-rises-in-Baghdad-and-Erbil-markets-4

Gold prices steady in Baghdad, Erbil

2026-03-29 Shafaq News- Baghdad/ Erbil   On Sunday, gold prices held ground in Baghdad and Erbil markets, hovering near 980.000 IQD per mithqal, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 978.000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 974.000 IQD, unchanged from Saturday.

The selling price for 21-carat Iraqi gold stood at 948,000 IQD, while the buying price reached 944,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 980,000 and 990,000 IQD, while Iraqi gold sold for between 950,000 and 960,000 IQD.

In Erbil, 22-carat gold was sold at 1,050,000 IQD per mithqal, 21-carat gold at 1,002,000 IQD, and 18-carat gold at 859,000 IQD.  https://www.shafaq.com/en/Economy/Gold-prices-steady-in-Baghdad-Erbil-0-9  

Expert: War Exacerbates Iraq's Financial Crises And Threatens Salaries And The Economy

 {Economy: Al-Furat News} Economic expert Salah Nouri warned on Saturday that the war waged by the United States and Israel against Iran has clear repercussions on the global economic situation, further complicating the financial situation in Iraq.

Nouri told Al-Furat News Agency that: “Iraq faces major challenges before the outbreak of any war, due to the failure to approve budgets and the financial liquidity crisis, in addition to the size of internal and external debts and the obligations of interest and repayment, in light of the weak possibility of exporting crude oil in accordance with the general budgets.”

He added, "These external and internal circumstances are exacerbating the financial deficit and directly impacting the payment of salaries to current employees and retirees, as well as pushing the economy toward recession." Nouri emphasized that "the solutions offered by the executive branch to address these challenges are still unclear." LINK‍ ‍Raghid  

‘40-50% Stock Market Crash Coming’: This Is Your Last Exit | Edward Dowd & Michelle Makori

‘40-50% Stock Market Crash Coming’: This Is Your Last Exit | Edward Dowd & Michelle Makori

Miles Franklin Media:  3-27-2026

Markets may be watching the wrong risk. While headlines focus on the Iran war and geopolitics, Edward Dowd warns the real breakdown is already underway beneath the surface of the U.S. economy. From a weakening housing market to a bursting AI bubble and a frozen private credit system,

Dowd argues that the conditions for a major downturn were already in place – before the war even began. He explains why any relief rally driven by geopolitical optimism could be a selling opportunity, why a 40-50% market crash remains on the table, and how structural risks in housing, credit, and global growth are converging.

 Dowd also shares his outlook on China’s slowing economy, the Federal Reserve’s limited options, and why he believes gold remains in a long-term bull market – even after recent volatility

. In this episode of The Real Story with Michelle Makori:

Why the real economic breakdown has already started

Housing market weakness and why prices may need to fall

The AI bubble and signs it may already be cracking

Private credit stress and why it’s the “canary in the coal mine”

Why a relief rally could be the last chance to exit

Dowd’s outlook for a 40–50% market correction

China’s economic slowdown and global implications

Gold’s long-term trajectory and why it could reach $10,000

00:00 Coming up

 01:25 Introduction

02:55 Core thesis: recession already in motion

04:55 Housing market breakdown begins

10:25 Why prices must fall

14:55 Private credit freeze warning

 18:55 Fed trapped by inflation and war

22:25 AI bubble showing cracks

32:55 Recession outlook and deflation risk

37:25 40-50% market crash scenario

 41:55 Iran war vs structural risks

45:25 Why relief rallies are selling opportunities

49:25 China’s economic slowdown

55:25 Gold outlook and $10K target 59:25 Positioning

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

Seeds of Wisdom RV and Economics Updates Saturday Afternoon 3-28-26

Good Afternoon Dinar Recaps

The Fourth Option: Global Finance Evolves Beyond Single-Currency Dominance

A structural shift emerges as trade, energy, and infrastructure redefine how value moves across the global system

Overview (Key Points)

Global finance is undergoing a quiet but powerful transformation, moving away from single-currency dominance toward a more distributed, multi-layered system.

Trade settlement is increasingly diversified, with nations using multiple currencies instead of relying solely on the U.S. dollar, reflecting a shift in global economic strategy and risk management.

At the same time, financial power is no longer defined فقط by central banks, but by control over energy routes, logistics networks, and payment infrastructure.

This is not a collapse of the current system—but an expansion, where new layers are being added to how value is stored, transferred, and protected globally.

Key Developments

1. Multi-Currency Trade Becomes More Common

A gradual shift is taking place in global settlements.
    • Nations are increasingly using local and regional currencies
    • Reduces dependence on any single reserve currency
    • Supports greater financial flexibility and sovereignty

2. Energy and Resources Now Drive Financial Influence

Control of physical assets is becoming central.
    • Energy routes determine economic leverage and stability
    • Resource-rich nations gain strategic financial advantage
    • Links commodity flows directly to currency strength

3. Infrastructure Shapes the Movement of Value

The system is being rebuilt around logistics and access.
    • Trade corridors and shipping routes influence capital flow
    • Payment systems are evolving alongside transport networks
    • Financial power is tied to efficiency of global connectivity

4. Rise of Regional Payment Systems

Localized financial ecosystems are expanding.
    • Countries are developing independent payment networks
    • Reduces exposure to external financial controls and sanctions
    • Encourages regional cooperation and economic blocs

5. Structural Shift, Not Sudden Disruption

This transition is long-term and systemic.
    • Change is occurring gradually over time
    • Driven by economic necessity, not political rhetoric
    • Reflects a rebalancing of global financial influence

Why It Matters

This evolution signals a fundamental redefinition of global finance, where monetary dominance alone is no longer enough to sustain influence.

Energy security, infrastructure control, and trade access are becoming equal pillars of power, reshaping how nations position themselves economically.

The system is becoming more resilient but also more complex, with multiple currencies and networks interacting simultaneously instead of relying on a single centralized structure.

Why It Matters to Foreign Currency Holders

    • Currency diversification is becoming increasingly important
    • Exchange values may be influenced by energy and trade access
    • Regional currencies could gain strength in localized trade zones
    • Global purchasing power may shift across multiple systems

Implications for the Global Reset

• Pillar 1: Expansion into a Multi-Currency System

The future is not about replacing one dominant currency—but integrating multiple currencies into a broader financial ecosystem.

• Pillar 2: Infrastructure and Resources Define Value

Financial strength is increasingly tied to who controls supply chains, energy flows, and transaction systems, not just monetary policy.

Conclusion

The “Fourth Option” represents a measured evolution rather than a disruptive reset, where the global system is adapting to new economic realities.

As currencies diversify and infrastructure gains importance, financial power is becoming more distributed across regions and systems.

This shift is laying the groundwork for a future where value moves through multiple channels, shaped by trade, energy, and connectivity.

This is not the end of the current system — it is the expansion into something broader, more resilient, and more complex.

Seeds of Wisdom Truth

Newshounds News™ Exclusive

Sources

• Reuters

• Financial Times

• Bloomberg

• TIME

~~~~~~~~~~

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RV Facts with Proof Links Link

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Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Saturday Afternoon 3-28-26

Saleh: Non-Oil Revenues Are Key To The Sustainability Of The Iraqi Economy In The 2026 Budget.

Money and Business   Economy News – Baghdad   The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Saturday that the 2026 budget is a test of the economy’s ability to adapt to external shocks, while noting that boosting non-oil revenues is key to economic sustainability in Iraq.

Saleh said: “Fiscal policy undoubtedly faces exceptional challenges in preparing the federal general budget for 2026, in light of the rapid regional developments and the fluctuations in the oil export file, the main pillar of state revenues.”

 He added: “The heavy reliance on oil revenues reflects the most prominent public finance challenges in the face of price fluctuations and export levels, which requires financial decision-makers to adopt cautious estimates based on realistic and precautionary assumptions to avoid potential shocks.”

 He noted that "public finances are expected to adopt a flexible budget capable of adapting to changes, by rearranging priorities, focusing on economically viable projects, and controlling unnecessary operating expenses."

 He pointed out that "the vital role of enhancing non-oil revenues is highlighted, through improving collection efficiency and expanding the base of non-oil resources, thereby reducing dependence on oil and enhancing financial sustainability in the medium term."

He added that "given the continued uncertainty in the oil markets, the government may have to adopt a phased financial management approach, by postponing some obligations or adopting temporary spending mechanisms, until the situation becomes fully clear."

He explained that “the 2026 budget is not just a financial document, but represents a test of the Iraqi economy’s ability to adapt to external shocks, especially geopolitical tensions on oil export routes in the Gulf, and to gradually move towards a more diversified and stable financial model that is capable of absorbing the effects of the economic geography of the energy belt in the Middle East, until the war ends.” https://www.economy-news.net/content.php?id=67219

BYD's Profits Fall More Than Expected Amid Electric Vehicle Price War

Money and Business   BYD reported a larger-than-expected drop in profits for the final quarter of last year, as intensifying competition and stricter regulations in China increased pressure on the world's largest electric vehicle maker to revive its sluggish momentum.

Net income for the three months ending December 31 was 9.3 billion yuan ($1.3 billion), according to figures extracted from the annual results released today. This represents a 38% decrease compared to the previous year and fell short of the average analyst estimate of 10.5 billion yuan.

Revenue fell by about 14% to 237.7 billion yuan, highlighting concerns that BYD's aggressive discounting policy and diversified product strategy—which enabled it to overtake Tesla as the world's largest electric vehicle seller last year—are beginning to negatively impact its performance.

BYD's global dominance is facing a real-world test as it struggles with slowing domestic sales, forcing the industry benchmark to spend heavily to keep pace with technology-driven models from companies like newcomer Xiaomi. Sales declined in the first two months of this year, and after years of dominating the Chinese market, BYD lost its leading position to Geely Automobile Holdings.

This has led BYD to increasingly focus on overseas markets, where demand for its models is growing strongly and the company is generating higher profits per vehicle sold.

Exports have remained robust so far in 2026, in contrast to the decline in domestic sales, and BYD aims to sell 1.3 million vehicles outside of China by 2026. However, this expansion remains a costly and high-risk undertaking for the electric vehicle brand, which is investing heavily in building overseas factories to circumvent tariffs and other trade barriers.

https://www.economy-news.net/content.php?id=67199

France Is Investigating An Attempted Attack On Bank Of America.

Banks   French counter-terrorism authorities on Saturday began investigating an attempted attack near the headquarters of Bank of America in Paris.

The anti-terrorism prosecutor's office reported that suspects attempted to detonate an explosive device near the office, and one person was detained in connection with the investigation, according to Bloomberg News.

A spokeswoman for Bank of America said the bank is "aware of the situation" and is in contact with authorities.

https://www.economy-news.net/content.php?id=67248

Baghdad Suspends Jordan Oil Flow For Second Month

2026-03-28 Shafaq News- Baghdad   Iraq has halted crude oil shipments to Jordan for a second consecutive month, with both sides awaiting a renewed agreement after the previous memorandum expired, an energy source told Shafaq News on Saturday.

The pause stems from procedural delays linked to structuring shipments and setting preferential pricing, rather than a broader breakdown in energy cooperation.

Under the earlier arrangement, Jordan imported between 10,000 and 15,000 barrels per day (bpd) of Iraqi crude at prices below global market levels as part of a bilateral energy cooperation framework.

Earlier this week, Iraqi lawmaker Ali Shaddad noted that Baghdad is exploring several options to secure alternative oil export routes as regional tensions disrupt shipments through the Strait of Hormuz and curtail output from southern oil fields. One immediate option under consideration involves transporting oil by tanker trucks to neighboring countries, including Turkiye, Jordan, and Syria.

He underscored the need to accelerate work on key pipeline projects, including the planned Basra–Aqaba pipeline to Jordan, with a projected capacity exceeding 600,000 bpd, and the Iraq–Turkiye pipeline, which can carry about 400,000 bpd.  https://www.shafaq.com/en/Economy/Baghdad-suspends-Jordan-oil-flow-for-second-month

 Read more: Iraq's energy vulnerability: When a petro-state has no buffer

Basrah Crudes Rise 6% At Friday Close As Oil Prices Climb

2026-03-28 Shafaq News- Basrah   Iraq’s Basrah crude rose on Friday, tracking gains in global oil markets amid uncertainty over prospects for a ceasefire in the ongoing US-Israel-Iran war.

Basrah Heavy crude increased by $5.95, or 6%, to $105.10 per barrel, while Basrah Medium crude gained $5.95, or 5.95%, to $107.20 per barrel.

Global benchmarks also advanced, with Brent crude at $114.53 per barrel and US West Texas Intermediate (WTI) at $101.18.

Iraqi crude is priced by destination: Exports to Asia track the average of Dubai and Oman crude, shipments to Europe are benchmarked to Brent, and exports to the United States follow WTI, each with premiums or discounts based on market conditions.   https://www.shafaq.com/en/Economy/Basrah-crudes-rise-6-at-Friday-close-as-oil-prices-climb

Gold Prices Rise In Baghdad, Erbil Markets

2026-03-28 Shafaq News- Baghdad/ Erbil   On Saturday, gold prices hovered around 980,000 IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 978,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 974,000 IQD. The same gold had sold for 965,000 IQD last Thursday.

The selling price for 21-carat Iraqi gold stood at 948,000 IQD, while the buying price reached 944,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 980,000 and 990,000 IQD, while Iraqi gold sold for between 950,000 and 960,000 IQD.

In Erbil, 22-carat gold was sold at 1,050,000 IQD per mithqal, 21-carat gold at 1,002,000 IQD, and 18-carat gold at 859,000 IQD.    https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-Erbil-markets-3

Dollar Rises In Baghdad, Stabilizes In Erbil

2026-03-28 Shafaq News- Baghdad/ Erbil   The US dollar closed Saturday’s trading mixed in Iraq, hovering around 154,000 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,500 dinars per 100 dollars, up from the morning session’s 154,450 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,000 dinars and bought it at 154,000 dinars, while in Erbil, selling prices stood at 154,400 dinars and buying prices at 154,300 dinars.

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

Dollar Dips At Opening In Baghdad And Erbil

2026-03-28 Shafaq News- Baghdad/ Erbil   The US dollar opened Saturday’s trading lower in Iraq, hovering around 154,000 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,450 dinars per 100 dollars, down from 154,700 dinars recorded last Thursday.

In the Iraqi capital, exchange shops sold the dollar at 155,000 dinars and bought it at 154,000 dinars.

in Erbil, selling prices stood at 154,400 dinars and buying prices at 154,300 dinars.

https://www.shafaq.com/en/Economy/Dollar-dips-at-opening-in-Baghdad-and-Erbil

“News Tidbits From TNT” Saturday 3-28-2026

TNT:

Tishwash: Iraq and the United States establish a high-level committee to enhance security and keep the country neutral from regional conflicts.

The Security Media Cell announced on Friday the formation of a joint high coordination committee between Iraq and the United States of America, within the framework of the strategic partnership and ongoing cooperation between the two countries in the political, economic and security fields.

The cell stated in a statement that the first meeting of the committee, which was held on March 26, 2026, witnessed the agreement of both sides to intensify joint cooperation to prevent terrorist attacks, and to ensure that Iraqi territory is not used as a launching point for any attack targeting the Iraqi people, security forces, or strategic facilities and assets, as well as to protect American personnel, diplomatic missions, and international coalition forces.

The statement added that both sides affirmed their commitment to keeping Iraq out of the ongoing military conflict in the region, with full respect for its sovereignty, and to supporting efforts to prevent the use of its territory, airspace and territorial waters to threaten it or neighboring countries.

He noted that both sides renewed their commitment to coordinating counter-terrorism efforts, giving priority to the Iraqi role in achieving common goals, and contributing to strengthening stability and preserving the country's sovereignty.  link

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

Tishwash:  Al-Halbousi hints at a decisive move to elect the president, and MPs are collecting signatures.

The Speaker of Parliament, Hebat al-Halbousi, called for expediting the election of the President of the Republic, stressing that continued delay is no longer acceptable due to its direct impact on the stability of the state and the regularity of the work of its institutions .

Al-Halbousi stated in a post seen by Al-Sa’a Network that “the House of Representatives will bear its constitutional responsibility and proceed towards fulfilling this entitlement, after giving sufficient time to agree on choosing a suitable person for the position.”

He stressed that "Parliament has a national responsibility to resolve this issue in accordance with the constitution, and to choose a figure who represents everyone and contributes to restoring stability to the work of state institutions."

In this context, the official agency quoted MP Sarwa Mohammed from the Patriotic Union of Kurdistan bloc as saying that more than 229 MPs signed a petition to hold a session next Monday to elect the president of the republic and task the candidate of the largest bloc with forming the government, noting that the country needs a fully empowered government .

This move comes after a broad parliamentary effort in recent hours to collect signatures to hold an election session, coinciding with calls by Iraqi elites to dissolve parliament and hold new elections under judicial supervision   link

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

Tishwash:  Jamal Kojar: Iraq needs a fully empowered government to ensure the country's stability.

 MP Jamal Kojar confirmed on Friday that the continuation of the state with a caretaker government and an outgoing president does not give it the highest degree of authority, stressing the importance of having a fully empowered government in light of the exceptional situation that the region is witnessing.

In his interview with Al-Furat News Agency, Kujer pointed out that “linking the failure to pass presidential and ministerial entitlements to the current circumstances is evidence of Iraq being affected by what is happening in the region, stressing that it is better for Iraq not to be part of these circumstances and for the Iraqi state to remain strong and independent from any direct or indirect influences.” 

Kujer added that "the legislative, executive and judicial institutions must continue to carry out their work normally and perform their role as required, stressing the need to pass the political entitlements, choose a president for the republic, appoint a prime minister, then vote on the cabinet, as well as activate the work of the House of Representatives in passing laws and monitoring government work." 

He explained that "these steps are considered the best to ensure the stability of the state and enhance Iraq's strength in the face of internal and external challenges, stressing that delaying the passage of the entitlements poses a threat to the stability of the state and its ability to confront the changing regional situation."   link

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

Tishwash:  The new US banknotes will bear Trump's signature.

 The US Treasury Department announced on Thursday that the new US paper currency will soon bear the signature of Donald Trump, in a move that will be the first of its kind for a sitting US president, and coincides with the 250th anniversary of the founding of the country.

Historically, U.S. banknotes were signed by the U.S. Treasury Secretary and the Secretary of the Treasury. However, the new banknotes will bear the signatures of both Trump and the current Treasury Secretary, Scott Bessent.

"Under President Trump's leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and financial strength and stability," Treasury Secretary Scott Bessent said in a statement announcing the decision.

He added, "There is no stronger way to recognize the historic achievements of our great country and President Donald J. Trump than by issuing banknotes of U.S. dollars bearing his signature, and it is only fitting that this historic currency be issued on the 250th anniversary of the founding of the country."

This move is Trump's latest attempt to break with long-standing practices and put his stamp on the US currency.

Last week, an advisory committee handpicked by Trump approved the design of a commemorative gold coin bearing his image, also intended to celebrate the 250th anniversary of the founding of the United States on July 4, 1776.

This coin has no monetary value and its selling price has not been disclosed, but similar commemorative coins sold by the U.S. Mint can trade for more than a thousand dollars.

Democrats criticized the move, which violates federal law stipulating that no living president may appear on U.S. currency.  link

Seeds of Wisdom RV and Economics Updates Saturday Morning 3-28-26

Good Morning Dinar Recaps

De-Dollarization Accelerates: Oil Trade Shifts to Rupee, Yuan, and Dirham

Energy disruption and currency realignment signal a deepening shift away from U.S. dollar dominance

Overview (Key Points)

A major shift in global oil trade is unfolding, as Indian refiners begin paying for Russian oil using rupees, yuan, and dirhams instead of U.S. dollars.

This development comes at a critical moment, with the U.S.–Iran conflict disrupting global energy flows, particularly through the Strait of Hormuz, intensifying inflation and supply concerns worldwide.

The move represents more than a workaround—it signals structural change, where nations are actively reducing exposure to U.S. financial systems and sanctions risk.

At the same time, real-world shortages are emerging, including fuel outages in Australia, highlighting how energy disruptions are now translating into immediate economic stress.

Key Developments

1. India Executes Oil Trades in Non-Dollar Currencies

A significant step toward de-dollarization is underway.
    • Indian refiners are paying Russia in rupees
    • Funds are later converted into yuan and UAE dirhams
    • Reduces reliance on the U.S. dollar in global oil trade

2. Russia Expands Multi-Currency Payment Strategy

Moscow is actively diversifying financial channels.
    • Accepting payments in multiple global currencies
    • Avoiding Western-controlled financial systems
    • Strengthening ties with non-Western economic partners

3. Energy Disruptions Drive Urgency for Change

The global energy system remains under pressure.
    • Strait of Hormuz instability is restricting oil flows
    • Oil price volatility is fueling global inflation concerns
    • Nations are seeking flexible and resilient trade mechanisms

4. Real-World Supply Cracks Begin to Appear

Energy stress is now visible on the ground.
    • Over 500 fuel stations in Australia impacted
    • Diesel shortages highlight fragile supply chains
    • Signals potential for broader global shortages

5. Iran Escalates Conditions for De-escalation Talks

Diplomatic resolution remains uncertain.
    • Iran has rejected U.S. proposals
    • Demands include cessation of attacks and compensation
    • Prolongs instability across energy and financial markets

Why It Matters

This marks a significant acceleration in the global de-dollarization trend, particularly in the energy sector—the backbone of global trade.

For decades, oil transactions have reinforced U.S. dollar dominance. The shift toward alternative currencies weakens that foundation, opening the door to a multi-currency global system.

At the same time, energy disruptions are no longer theoretical. Supply shocks are now impacting real economies, increasing the risk of inflation, shortages, and economic slowdown.

Why It Matters to Foreign Currency Holders

    • Reduced global demand for the U.S. dollar may impact its strength over time
    • Rising use of yuan and regional currencies shifts global currency dynamics
    • Energy-driven inflation affects purchasing power across all currencies
    • Diversification of reserves may accelerate among central banks

Implications for the Global Reset

• Pillar 1: De-Dollarization of Global Trade Systems

The move away from the dollar in oil transactions signals a structural transition toward a multi-currency trade environment, reducing reliance on any single reserve currency.

• Pillar 2: Energy Crisis as a Catalyst for Financial Change

Energy disruptions are acting as a trigger for systemic transformation, forcing nations to adopt new payment systems, alliances, and trade frameworks.

Conclusion

The shift by Indian refiners to non-dollar oil payments is not an isolated event, but part of a broader realignment of global finance and trade.

Combined with energy supply disruptions and geopolitical instability, this trend is accelerating changes that could reshape the global monetary system.

What is emerging is a world where currency power is more distributed, energy security is paramount, and financial systems are evolving under pressure.

This is not just a workaround — it’s a structural shift in how the world trades, pays, and stores value.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — "Indian Refiners Turn to Rupee, Yuan, Dirham for Russian Oil Deals"

• Business Standard — "India Uses Rupee-Based Mechanisms for Russian Oil Trade"

~~~~~~~~~~  

🌱 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

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Seeds of Wisdom RV and Economics Updates Friday Afternoon 3-27-26

Good Afternoon Dinar Recaps,

G7 Pressure Mounts: Russia–Iran Ties Risk Expanding War and Disrupting Global Financial Stability

Energy security, military alliances, and geopolitical entanglement converge into a high-stakes moment for the global system

Overview (Key Points)

Global tensions are escalating across two major conflict zones simultaneously, linking the Russia–Ukraine war with the Middle East crisis involving Iran, the U.S., and Israel.

In the last 24 hours, G7 nations are intensifying pressure on the United States to take a firmer stance on Russia’s alleged support for Iran, signaling concern that two separate conflicts are merging into one broader geopolitical risk structure.

At the center of this crisis is energy disruption, particularly through the Strait of Hormuz, which is already impacting global oil flows, inflation, and market stability.

The convergence of military alliances, energy chokepoints, and global finance is accelerating systemic stress, aligning closely with conditions seen in major global financial reset transitions.

Key Developments

1. G7 Pushes U.S. on Russia–Iran Connection

Western allies are demanding clarity and action.
    • G7 leaders are urging the U.S. to address Russia’s alleged support for Iran
    • Concerns center on intelligence sharing and drone technology transfers
    • Europe is seeking a more unified and assertive Western response

2. Dual Conflict Risk: Ukraine War Merging with Middle East Crisis

Geopolitical lines are beginning to blur.
    • Russia and Iran are accused of forming a reciprocal military relationship
    • Iran previously supplied drones for use in Ukraine
    • Russia is now suspected of enhancing Iran’s military capabilities

This creates a dangerous overlap, where two regional wars begin functioning as one interconnected global conflict system.

3. Energy Supply Shock Intensifies Global Instability

The Strait of Hormuz remains a critical pressure point.
    • Disruptions are impacting a major share of global oil shipments
    • Oil prices have surged, feeding inflation across global economies
    • Energy security is now a top priority for G7 coordination efforts

4. U.S. Response Signals Strategic Caution

Washington is balancing multiple risks.
    • U.S. officials have downplayed direct Russia involvement claims
    • Focus remains on military coordination with Israel and Gulf allies
    • Avoiding escalation with Russia remains a key strategic objective

5. Coordinated Plans to Protect Global Trade Routes

Allies are preparing for broader contingencies.
    • France has initiated multi-nation discussions on securing shipping lanes
    • Planning includes reopening and protecting the Strait of Hormuz
    • Signals growing concern over long-term disruption to global trade flows

Why It Matters

This situation represents a major escalation in global systemic risk, where military conflict, energy supply, and financial markets are directly interconnected.

The possibility of Russia indirectly influencing Middle East conflict dynamics introduces a new layer of complexity, increasing the likelihood of prolonged instability and multi-region disruption.

Energy remains the critical transmission mechanism, linking geopolitical actions to inflation, interest rates, and economic performance worldwide.

Why It Matters to Foreign Currency Holders

    • Currency markets are increasingly sensitive to geopolitical shocks
    • Oil price spikes weaken importing nations’ currencies
    • Safe-haven demand strengthens the U.S. dollar in times of crisis
    • Inflation pressures erode purchasing power globally

Implications for the Global Reset

• Pillar 1: Control of Energy Corridors Equals Financial Power

The Strait of Hormuz highlights how strategic chokepoints control global liquidity and economic stability. Nations that influence these routes gain outsized leverage over markets and currencies.

• Pillar 2: Emergence of Interconnected Conflict Blocs

The alignment between Russia and Iran signals a shift toward multi-theater geopolitical alliances, accelerating the move toward a fragmented, multi-polar financial system.

Conclusion

The G7 discussions reflect a growing realization that today’s geopolitical conflicts are no longer isolated events, but part of a broader, interconnected global system.

With energy disruption, military alliances, and financial markets all reacting simultaneously, the world is entering a phase of heightened uncertainty and structural change.

What emerges from this moment will not just shape geopolitical outcomes — it will redefine the global financial architecture.

This is not just conflict — it is systemic convergence at a global scale.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — "G7 to Press U.S. on Russian Support for Iran Amid Middle East War"

• Reuters — "Global Leaders Weigh Response to Russia-Iran Ties and Energy Disruptions"

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