Iraq Economic News And Points To Ponder Sunday Morning 4-5-26

How Are The Central Bank's Foreign Reserves Distributed?

Banks    Economy News – Baghdad   Economic expert Nabil Al-Marsoumi revealed the distribution of foreign reserves of the Central Bank of Iraq at the end of 2025, where the total foreign reserves amounted to $97.432 billion.

According to the distribution, $24.221 billion of the reserve was allocated to gold held at the London Gold House, while the volume of US Treasury bonds amounted to $42 billion.

The remaining $31.211 billion of the reserve was divided among several financial entities, with $1.466 billion being held in the vaults of the Central Bank of Iraq, while the remainder was deposited in the Bank of France, the Bank of England, the US Federal Reserve, the People’s Bank of China, along with other central banks and international banks. https://www.economy-news.net/content.php?id=67529

Foreign Reserves: Between Their Sterilizing Role And Budgetary Pressures In Light Of The Halt In Oil Revenues

Economy News – Baghdad   Dr. Haitham Hamid Mutlaq Al-Mansour   In times of major crises, an economy is tested not only in its capacity for growth but also in its ability to survive without its primary resources. Iraq, being a country reliant on a single resource, finds itself in a vulnerable position to any shock to its oil sector.

Oil is the backbone of public finances and the cornerstone of financial and monetary stability. Therefore, a halt in oil exports, even temporarily, is not a far-fetched hypothetical scenario but a genuine test of the limits of the existing economic model.

With Iraqi oil exports remaining suspended for an extended period, the economy is not merely facing a temporary financial crisis, but rather a disruption to its export structure.

As a rentier economy, Iraq relies almost entirely on dollar inflows from oil exports, which under normal circumstances range between $90 and $100 billion annually, or approximately $7–8 billion monthly at average price and production levels.

These inflows not only constitute budget revenues but also form the foundation upon which the value of the local currency and the stability of the entire monetary system are built.

With the continued cessation of this revenue stream, the Ministry of Finance found itself facing a severe funding gap.

Assuming that annual public spending is approximately 150 trillion Iraqi dinars (around $100 billion), and that at least 70–75% of this goes to salaries and pensions, the halt in oil revenues effectively means the loss of nearly 75% of funding sources.

At best, the government may be unable to cover more than 20–25% of its expenditures through limited alternative sources, such as tanker exports or fees and taxes.

In this case, resorting to discounting remittances at the central bank becomes almost inevitable. If the government, for example, needs monthly financing of around 8–10 trillion dinars to cover salaries and current expenditures, this amount will be created in cash through the expansion of the central bank's liabilities.

In just six months, this financing could reach 50–60 trillion dinars through new currency issuance, a figure equivalent to a significant percentage of the existing money supply.

However, this monetary expansion is not matched by any real inflow of dollars. Under normal circumstances, oil revenues would exceed $100 billion, which would be converted into foreign reserves used to cover imports and maintain exchange rate stability.

In the current situation, however, the central bank's foreign assets begin to erode. If reserves are around $100 billion and monthly demand for dollars for imports ranges between $5 and $6 billion, reserves could be depleted by $60 to $70 billion in just one year if the same demand pattern continues.

The paradox is that continuing to pay salaries, which requires injecting large amounts of dinars, will increase demand for imported goods, thus increasing pressure on the dollar.

This means that every additional trillion dinars injected into the economy is very likely to be partially converted into demand for foreign currency, accelerating the depletion of reserves.

As net foreign assets decline from comfortable levels (e.g., $100 billion) to critical levels (less than $30–40 billion), confidence in the dinar begins to erode rapidly.

At this stage, the negative impact on the exchange rate becomes clearly apparent. If the official rate is around 1,320 dinars to the dollar, it could rise in the parallel market to 1,500-2,000 dinars within months, and with continued pressure, it could reach much higher levels, especially with the widening gap between supply and demand.

This increase will directly affect inflation levels, which could exceed 30-50% annually, with rising prices for imported basic commodities.

What is happening here is a transformation in the nature of the monetary system. The general budget, which was based on real dollar revenues, is now financed by issuing domestic currency backed by domestic financial assets, while the central bank's balance sheet is shifting from holding foreign assets to accumulating domestic debt owed by state-owned banks.

Within a short period, the proportion of domestic assets in the central bank's balance sheet could rise from marginal levels to more than 50% of total assets, while foreign assets decline sharply.

The ultimate result of this trajectory is that continued spending, despite its social necessity, becomes an accelerating factor for the crisis rather than a mitigating one. Every additional month of monetary financing without oil revenue corresponds to a decrease in reserves, an increase in the money supply, and a deterioration in the exchange rate.

As reserves approach critical levels insufficient to cover more than three to four months of imports, the economy enters a phase of loss of control, where the options become limited to a sharp reduction in spending, the imposition of strict controls on transfers, or accepting high levels of inflation.

It becomes clear that the problem lies not in a lack of tools, but in the limitations of the economic model itself. When an economy suddenly loses a resource that provides it with approximately $100 billion annually, it cannot compensate for this loss through issuing currency or internal instruments.

Therefore, what Iraq faces in such a scenario is not merely a liquidity crisis, but a crisis in the very foundation of monetary value generation.

Within this framework, the dinar may not represent genuine wealth but rather an expression of internal obligation, and the stability of the monetary system becomes contingent upon a limited, time-bound capacity to utilize remaining reserves.https://www.economy-news.net/content.php?id=67516

Iraq Will Be Among The Top 5 Arab Economies In 2026.

Money and Business   Economy News – Baghdad   Iraq ranked highly in the list of the largest Arab economies for 2026, according to the purchasing power parity criterion, based on the latest data from the International Monetary Fund (IMF).

Iraq came in fifth place in the Arab world, recording about $739.1 billion, reflecting a remarkable growth in its economic capabilities and its position among the countries of the region.

Saudi Arabia topped the list with an economy of $2.84 trillion, followed by Egypt with $2.53 trillion, then the UAE with about $1 trillion, and Algeria with $915.8 billion.

Following Iraq were Morocco with an economy of $457.5 billion, Qatar with $410.6 billion, Kuwait with $285.9 billion, Oman with $245.9 billion, and Tunisia with $193.6 billion.

Jordan recorded $138 billion, Sudan $135.9 billion, Libya $132.8 billion, Bahrain $118.1 billion, and Yemen came in last with $71.2 billion.

It is worth noting that the purchasing power parity index is a strategic measure that reflects the actual ability of the economy to purchase goods and services locally, away from the fluctuations of global exchange rates. https://www.economy-news.net/content.php?id=67534

Iraqi Oil Exports Via The Basra-Shalamcheh Railway Line Amidst The Regional War

Economy News — Baghdad   By Karim Al-Araji, expert and consultant in international economics   With the escalation of the conflict between the United States and Iran in the Persian Gulf and the Strait of Hormuz, Iraq's foreign trade has been disrupted, and the need to diversify trade routes has become even more apparent to the Iraqi people and government.

The Basra-Shalamcheh railway, being the least expensive and shortest route, could enable Iraq to export its oil to China, bypassing the volatile region of the Persian Gulf and the Strait of Hormuz.

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Throughout history, wars have been a major impediment to international trade, and all nations have sought to avoid areas of military tension.

 Indeed, wars, in addition to the destruction and insecurity they cause for the warring parties, also lead, depending on the geopolitical location of those parties, to insecurity in international trade routes. This has always been one of the most significant challenges to sustainable trade.

Last month, following the assassination of Ayatollah Khamenei, the Supreme Leader of the Islamic Revolution in Iran, by the US and Israeli regimes, Iranian officials, as previously promised, declared that their response would not be limited to Israel but would encompass the entire West Asia region (the Middle East).

Several months prior, the Iranians had warned Israel and the US that if they repeated their aggression against Iranian territory, they would target not only the occupied Palestinian territories (Israel) but also all US bases and interests in the region.

They further stated they would not allow any ships to pass through the Strait of Hormuz if their destination or purpose was linked to the interests of the US and its allies in a military attack against Iran.

Accordingly, after the commencement of the US and Israeli aggression against Iran, and in accordance with their earlier promise, the Strait of Hormuz, through which more than 20% of the world's energy supply passes and which plays a crucial role in securing global energy resources, was closed by the Iranian navy.

Only a limited number of ships were permitted to pass, and any ships or oil tankers attempting to pass without authorization were targeted by Iranian missiles.

Under these circumstances, Iraq is among the countries whose trade, exports, and imports have been severely jeopardized.

Normally, over 95% of its oil exports and a significant portion of its imports transit through the Sea of ​​Oman and the Strait of Hormuz.

Consequently, the country's exports and imports have faced numerous challenges, and Iraq's trade with China has been significantly impacted.

This comes at a time when China is one of Iraq's most important trading partners, with bilateral trade exceeding $56 billion in 2024, and in recent years purchasing an average of 25% of Iraq's total oil. Furthermore, Iran has also declared that even if the war ends, transit through the Strait of Hormuz will not return to its previous state, posing risks to Iraqi trade.

Therefore, under these circumstances, establishing alternative land routes, particularly railways, is essential for the Iraqi government and people to break free from complete dependence on the volatile route through the Arabian Gulf and to continue exporting oil—the country's lifeline—to key partners like China.

This is an area in which several neighboring countries, such as Iran, Turkey, and even Saudi Arabia, have invested heavily in recent years.

Currently, the only way to connect Iraq by rail to China is through the Basra-Shalamcheh railway line with Iran.

This line requires only the construction of 33 kilometers of track and the completion of an 800-meter-long movable bridge over the Shatt al-Arab waterway; secondly, this line is located near Iraq's largest oil reserves.

The Basra-Shalamcheh railway project has been on the Iranian side's agenda for years, and Iranian officials are determined to complete it as soon as possible.

In this context, Iranian President Pezeshkian, during his meeting with Iraqi President Abdul Latif Rashid, considered linking the railway lines between the two countries a necessary step and deemed the completion of the Basra-Shalamcheh railway project a top priority for Iran.

However, the Iraqi government should not be content with this project or with rail links with Iran alone; it must also establish new trade routes through agreements with its other neighbors.

Given the clear importance of diversifying trade routes, the Iraqi government must complete the remaining 33 kilometers of the Basra-Shalamcheh railway line, a commitment it has made in this project, as quickly as possible, and utilize this route as an emergency trade artery, particularly for its trade with China. https://www.economy-news.net/content.php?id=67489

Some “Iraq News” Posted by Tishwash at TNT 4-5-2026

TNT:

Tishwash:  The coordination framework confirms that the session to elect the President of the Republic will be held on April 11.

 Coordination Framework member Mahmoud Al-Hayani confirmed on Saturday (April 4, 2026) the insistence on holding the session to elect the President of the Republic on its scheduled date of April 11, stressing that there is no intention to postpone the session under any circumstances.

Al-Hayani told Baghdad Today that “the political forces are moving towards completing the constitutional requirements, in line with the requirements of the current stage, and the session to elect the President of the Republic will be held on its scheduled date without postponement.”

He added that "adherence to constitutional procedures is a national priority to ensure the stability of the political process and to move towards completing the formation of constitutional authorities, and all concerned parties are working to create the necessary conditions for the success of the session and to achieve the required consensus."

A member of the coordinating framework stated that "postponing the session is absolutely out of the question," stressing that "there is a clear determination to resolve this constitutional entitlement within the specified timeframe."

For months, Iraq has been experiencing delays in fulfilling constitutional requirements, most notably the election of the President of the Republic, due to ongoing disputes between political forces, which has led to the obstruction of the formation of the new government.  link

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Tishwash:  The House of Representatives publishes the agenda for next Monday's session.

 The Media Department of the Council of Representatives announced today, Saturday (April 4, 2026), that the Council will hold its session next Monday to complete the voting on the members of the parliamentary committees.

Agenda  Session No. 15

Monday, April 6, 2026

Chamber of Deputies

Session Proceedings:

Recitation of verses from the Holy Quran

Completion of voting on the members of the Permanent Parliamentary Committees

The session begins at 11:00 a.m.  link

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Tishwash:  Iran: The Strait of Hormuz is open to Iraq

The spokesman for the Khatam al-Anbiya headquarters stated that Iran respects Iraqi sovereignty in light of Baghdad's firm stances in supporting Tehran, stressing that no obstacles will be placed in the way of Iraqi trade in the Strait of Hormuz.

In a statement issued on Saturday, April 4, 2026, Ibrahim Zolfaghari, spokesman for the Khatam al-Anbiya headquarters, revealed that Iraq was exempted from all the restrictions and strict measures imposed by Iran in the strategic Strait of Hormuz.

Zulfiqari explained that these restrictions only apply to countries classified as "hostile states," noting that Iran has great respect for Iraqi national sovereignty, and describing the Iraqi people as a steadfast and strong nation in the face of American hegemony.

He added that Iraq's supportive stances toward Iran "did not go unappreciated," but rather contributed to strengthening the will to continue the struggle. The statement also emphasized that Iraq, thanks to its positions and support, can seize a historic opportunity to end the presence of American forces on its soil.

Since the outbreak of war between (America, Israel) and Iran, the Iranian Revolutionary Guard has closed the Strait of Hormuz to oil tankers, leading to a significant increase in fuel prices in global markets.

This statement comes in the wake of the air strikes launched by the United States and Israel on Iran on the morning of Saturday, February 28, 2026, which resulted in the killing of a number of the country’s leaders, while Iran responded quickly by launching missile barrages towards Israel and targeting several US military bases and headquarters in countries of the region.  link

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Tishwash: Warnings of a "salary shock" in May... A 5 trillion deficit puts pressure on government formation and budget approval.

On Thursday, economist Nabil Al-Marsoumi warned of a potential shortfall of up to five trillion dinars in securing employee salaries for the month of May due to the sharp decline in oil sales caused by the disruptions in the Strait of Hormuz. He urged the swift formation of the next Iraqi government with full sovereign powers to meet the needs of citizens by preparing the current year's budget.

Iraq needs more than nine trillion dinars per month, equivalent to (six billion dollars), to secure the salaries of public sector employees and workers, retirees, and to provide social welfare and food basket grants, relying on more than 90% of the financial revenues generated from oil exports, which have decreased by more than 80% after the disruption of energy supply chains in the Strait of Hormuz due to the escalating pace of military escalation in the region.

In this regard, Al-Marsoumi said in an analysis he published that although Iraq continued to export oil through the Strait of Hormuz until the eighth of March, oil revenues did not exceed $1.9 billion, which is equivalent to about 2.5 trillion dinars, indicating that according to these data, the country needs another 5 trillion dinars just to pay next month’s salaries.

He stressed that “it is necessary to expedite the formation of a fully empowered Iraqi government and prepare the 2026 budget in order to give the government the legal cover for internal and external borrowing, discounting remittances at the Central Bank of Iraq, and taking other measures to meet the basic needs of the Iraqi people, especially those related to salaries, social welfare, and the most important services such as water, electricity, and others.”

Iraq is experiencing a state of "political deadlock" as the forces and parties that won the legislative elections held in late 2015 have not been able to complete the constitutional requirements, including electing a new president of the republic and assigning a prime minister to form the next government. The steps achieved so far have been limited to electing the parliament's leadership only.

Observers warn of the repercussions of this continued delay on the political, economic and service levels in the country, especially in light of the rapidly escalating security and geopolitical tensions in the Middle East region, which necessitate the existence of a fully empowered government to manage the current crises.  link

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Tishwash:  A positive appearance: Exchange rate stability reflects the strength of reserves and the flow of goods.

 The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Saturday that the stability of exchange rates in the local market reflects positive indicators, while pointing out that the strength of reserves and the accumulation of commodity stock contributed to reducing the fluctuations of the parallel market.

Saleh told Al-Furat News Agency: "The stability of exchange rates in the local market reflects positive indicators that are embodied in two main directions."

He added that “the flexibility of financing foreign trade from the country’s foreign currency reserves, which are among the most efficient according to the standard of trade efficiency of reserves,” indicating that “these reserves extend to cover more than a year of imports, compared to the global standard, which is estimated at only about three months, in addition to continuing to meet the demand for foreign currency at the official rate of 1320 dinars per US dollar.”

He added that "the accumulation of diverse commodity stocks, both governmental and private, covers the country's needs for essential and durable goods for a period ranging from one to three years," noting that "this stability came as a result of adopting alternative trade methods, through the efficient and rapid use of the ports of neighboring countries, which ensures the smooth flow of goods to local markets."

He pointed out that "these factors combined have contributed to reducing exchange rate fluctuations in the parallel market, and have led to a high degree of price stability, with the exception of some seasonal fluctuations in the prices of a limited number of goods."

He stressed that "the market maintained its expectations that the conflict in the Gulf and Middle East region will remain short-term and will not extend for a long period."  link

Seeds of Wisdom RV and Economics Updates Saturday Afternoon 4-4-26

Good Afternoon Dinar Recaps,

Jobs Report Signals Cooling Labor Market as Wage Pressures and Participation Shift

Latest employment data reveals subtle but important changes in labor strength, wage growth, and economic momentum

Overview

The latest U.S. jobs report shows a labor market that remains resilient on the surface, but with clear signs of slowing beneath. Job creation continues, yet hiring momentum is easing, wage growth is stabilizing, and participation trends are shifting.

These changes suggest the economy may be entering a late-cycle phase, where labor strength begins to soften—an important signal for monetary policy, debt markets, and the broader financial system.

Key Developments

   1. Job Growth Continues but Slows  The economy added jobs in the latest report, but below prior months’ pace, indicating cooling demand for labor.

   - Hiring gains remain positive, avoiding contraction signals
  - Downward revisions to previous months suggest softer trends
  - Employers becoming more selective and cautious

   Why it matters: Slower job growth is often an early indicator of economic deceleration, especially when paired with tighter financial conditions.

   2. Unemployment Rate Edges Higher  The unemployment rate ticked up slightly, reflecting loosening labor conditions.

   - Increase driven by more entrants into the workforce  - Some sectors showing early layoffs or reduced hiring  - Signals a shift from tight labor to balanced conditions

   Why it matters: Even small increases can signal a turning point in labor market strength, which directly impacts consumer spending.

   3. Wage Growth Moderates  Wage gains showed signs of stabilizing, easing pressure on inflation.

   - Year-over-year wage growth slowing  - Reduced urgency for aggressive interest rate hikes  - Employers gaining more leverage in hiring negotiations

   Why it matters: Wage moderation is a key factor in central bank policy decisions, particularly for inflation control.

   4. Labor Force Participation Improves  More individuals are entering or re-entering the workforce, increasing labor supply.

   - Participation gains help ease labor shortages  - Expands the available workforce without overheating wages
  - Reflects household response to economic pressure

   Why it matters: Higher participation can delay recession signals, but also indicates financial strain on households.

Why It Matters

This report highlights a transition phase rather than a collapse:

• Labor demand is cooling, but not contracting

• Wage pressures easing, reducing inflation risk

• Workforce supply increasing, shifting market balance

• Economic momentum slowing gradually, not abruptly

The labor market is often the last pillar to weaken in an economic cycle—making these shifts especially significant.

Why It Matters to Foreign Currency Holders

• A cooling labor market could lead to policy easing, impacting the strength of the U.S. dollar

• Slower wage growth may reduce inflation, affecting interest rate differentials globally

• Economic softening can trigger capital flow adjustments across currencies

• Labor shifts often precede larger financial system changes

Implications for the Global Reset

• Pillar 1: Monetary Policy Transition

As labor conditions soften, central banks may shift from tightening to easing, reshaping global liquidity conditions.

• Pillar 2: Economic Slowdown Signals

The labor market turning point suggests the system is entering a late-cycle phase, where debt, growth, and policy pressures converge.

Closing Perspective

The labor market is no longer accelerating—it is stabilizing and beginning to soften.

When job growth slows, wages ease, and participation rises simultaneously, it signals a shift in economic momentum that can ripple across markets, currencies, and global financial systems.

This is not just employment data — it’s a signal of where the economy goes next.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

•  Reuters — “U.S. job growth slows; unemployment rate edges higher in latest report ”  

• CNBC — “Jobs report shows cooling labor market as hiring and wage growth ease”

~~~~~~~~~~

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Iraq Economic News And Points To Ponder Saturday Afternoon 4-4-26

Iraq Loses 3,500 MW As Iran Gas Supplies Drop

2026-04-04  Shafaq News- Baghdad  A sharp drop in Iranian gas supplies has cut Iraq’s electricity generation by about 3,500 megawatts, the Electricity Ministry said on Saturday, attributing the decline to the ongoing US-Israeli war on Iran.

Ministry spokesperson Ahmed Moussa told Shafaq News that imports have fallen to around five million cubic meters per day —down from 19 million previously— while Iraq typically needs about 30 million cubic meters daily, making the current supply “very low.”

The decline follows a complete halt in Iranian gas exports in March, which knocked more than 3,000 megawatts offline after reported Israeli strikes targeted facilities linked to Iran’s South Pars gas field —part of the world’s largest offshore reserve shared with Qatar— and energy infrastructure in Asaluyeh. Limited flows later resumed, helping stabilize production at around 14,000 megawatts.

Iraq continues to face chronic electricity shortages despite its oil wealth, with demand typically reaching 50,000–55,000 megawatts during peak summer months, compared to current production of about 27,000–28,000 megawatts. Iranian gas covers roughly 40% of the country’s fuel needs and supports nearly one-third of its electricity generation.

https://www.shafaq.com/en/Economy/Iraq-loses-3-500-MW-as-Iran-gas-supplies-drop

Read more: Energy war nears Iraq: Oil infrastructure faces rising threat

Iraq Imports $350M+ In US Agricultural Goods In 2025

2026-04-04 Shafaq News- Baghdad/ Washington   US agricultural exports to Iraq totaled $357 million in 2025, according to data released by the US Department of Agriculture.

Combined agricultural and livestock exports reached $375.04 million. Over the past three years, average annual exports stood at $330.12 million, reflecting a compound annual growth rate of 10.7% between 2016 and 2025.

Exports to Iraq included a wide range of products, notably rice, soybeans, meat, poultry, nuts, spices, sauces, baked goods, as well as processed foods and dairy products. https://www.shafaq.com/en/Economy/Iraq-imports-350M-in-US-agricultural-goods-in-2025

Dollar Drops In Baghdad, Rises In Erbil

2026-04-04 Shafaq News- Baghdad/ Erbil   The US dollar closed Saturday’s trading mixed 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 154,600 dinars per 100 dollars, down from the morning session’s 154,750 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 154,750 dinars and buying prices at 154,650 dinars.

https://www.shafaq.com/en/Economy/Dollar-drops-in-Baghdad-rises-in-Erbil-6

Dollar Edges Higher In Baghdad And Erbil

2026-04-  Shafaq News- Baghdad/ Erbil  The US dollar opened Saturday’s trading higher in Iraq, nearing 155,000 dinars per 100 dollars, according to a survey by Shafaq News Agency.

The dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,750 dinars per 100 dollars, up from 154,400 dinars recorded last Thursday.

In the Iraqi capital, exchange shops sold the dollar at 155,250 dinars and bought it at 154,250 dinars, while in Erbil, selling prices stood at 154,550 dinars per 100 dollars and buying prices at 154,400 dinars.

https://www.shafaq.com/en/Economy/Dollar-edges-higher-in-Baghdad-and-Erbil-6

Gold Prices Rise In Baghdad And Erbil Markets

2026-04-04 Shafaq News- Baghdad/ Erbil   On Saturday, gold prices hovered around 1.02 million IQD per mithqal in Baghdad and Erbil markets, continuing their upward trend, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1,018,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,014,000 IQD. The same gold had sold for 1,005,000 IQD on Thursday.

The selling price for 21-carat Iraqi gold stood at 988,000 IQD, with a buying price of 984,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,020,000 and 1,030,000 IQD, while Iraqi gold sold for between 990,000 and 1,000,000 IQD.

In Erbil, 22-carat gold was sold at 1,075,000 IQD per mithqal, 21-carat gold at 1,027,000 IQD, and 18-carat gold at 880,000 IQD.https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-and-Erbil-markets-0

Iran Spares Iraq From Strait Of Hormuz Blockade

2026-04-04 Shafaq News- Tehran   Iran’s Khatam Al-Anbiya, the unified command of the country’s military forces, on Saturday excluded Iraq from restrictions linked to the Strait of Hormuz, underlining the “close ties” between the two neighbors.

In a statement, spokesperson Ebrahim Zolfaghari clarified that the closure policy targets only Iran’s “adversarial states,” pointing to Tehran’s respect for Iraqi sovereignty. He also underscored shared public sentiment between the two countries, noting that the Iranian people were not isolated while referencing supportive positions from Baghdad.

Earlier today, US President Donald Trump gave Iran 48 hours to reopen the Strait of Hormuz or reach an agreement, warning that “all Hell will reign down” if Tehran fails to comply. He has repeatedly threatened strikes on Iranian infrastructure, including power plants, if shipping through the strait —one of the world’s most vital oil routes— remains disrupted.

Iran’s Supreme Leader Mojtaba Khamenei previously urged armed forces to continue operations linked to the “Strait of Hormuz closure front,” framing the move as part of Iran’s response to the ongoing US-Israeli war. He also expressed appreciation for Iraqis’ support of Iran during the current conflict.

https://www.shafaq.com/en/Middle-East/Iran-spares-Iraq-from-Strait-of-Hormuz-blockade

Washington Strips Iran’s Soleimani Relatives Of Permanent Residency

2026-04-04 Shafaq News- Washington   The United States revoked the residency of two relatives of late Iranian commander Qassem Soleimani, the US State Department reported on Saturday, citing political and security concerns.

Soleimani, the former commander of the Islamic Revolutionary Guard Corps’ (IRGC) Quds Force, was killed alongside Popular Mobilization Forces (PMF) deputy chief Abu Mahdi Al-Muhandis in a US airstrike near Baghdad International Airport in January 2020.

In a post on X, Secretary of State Marco Rubio wrote that Hamideh Soleimani Afshar and her daughter had been living in the United States on green cards before federal agents took them into custody and placed them in deportation proceedings.

Describing Afshar as a relative of Soleimani, he portrayed her as a supporter of Iran’s government, which has reportedly backed attacks against US personnel while referring to Washington as the “Great Satan.”

Secretary Marco Rubio  :  Until recently, Hamideh Soleimani Afshar and her daughter were green card holders living lavishly in the United States. Afshar is the niece of deceased Iranian Major General Qasem Soleimani. She is also an outspoken supporter of the Iranian regime who celebrated attacks on Americans and referred to our country as the "Great Satan." This week, I terminated both Afshar and her daughter's legal status and they are now in ICE custody, pending removal from the United States. The Trump Administration will not allow our country to become a home for foreign nationals who support anti-American terrorist regimes.    LINK 

In a later statement, the US State Department confirmed the deportation, noting that Rubio also revoked the permanent residency of Ali Larijani’s daughter, the former secretary of the Iranian Supreme National Security Council, who was recently killed in an Israeli strike in Tehran.

https://www.shafaq.com/en/Middle-East/Washington-strips-Iran-s-Soleimani-relatives-of-permanent-residency

$13 Billion Bank Run Accelerates Turmoil in Private Credit Market

$13 Billion Bank Run Accelerates Turmoil in Private Credit Market

Lena Petrova:  4-3-2026

The private credit market, a behemoth of the US financial system with assets totaling $1.8 trillion, is grappling with an unprecedented crisis.

Characterized by a sudden and massive surge in investor withdrawal requests, this sector is facing a severe liquidity crunch.

 At the forefront of this crisis is Blue Owl Capital, one of the largest private credit firms, which has been forced to impose limits on redemptions. Investors have been clamoring to pull out significant portions of their investments, with withdrawal requests reaching as high as 22% in one major fund and over 40% in a tech-focused fund within a single quarter.

Private credit funds play a vital role in the financial ecosystem by lending directly to companies that often find it challenging to secure traditional bank financing. These loans are then packaged into investment products that offer higher yields to investors but come with limited liquidity.

The structure of private credit funds is such that they function smoothly under stable economic conditions. However, they are prone to faltering when a large number of investors attempt to exit their investments simultaneously, akin to a bank run.

The current crisis has been precipitated by a combination of factors, including rising interest rates, economic uncertainties, the technological disruptions caused by AI, and geopolitical tensions such as the war in Iran. These factors have heightened investor anxiety, triggering a wave of mass withdrawal requests.

Despite efforts to modernize the private credit market through tokenization – the process of turning illiquid loans into digital assets for easier trading – the fundamental liquidity problem remains unresolved. The underlying loans continue to be illiquid, and the large-scale redemption demands are straining the system.

The crisis is not confined to Blue Owl Capital; several major firms in the private credit industry are restricting redemptions, effectively locking billions of dollars in funds. This stress test has exposed the sector’s core vulnerability: its limited liquidity in the face of mass investor exits.

The unfolding situation poses significant risks not only to the private credit sector but potentially to the broader US economy and financial markets, given the sector’s close ties to the banking system. The future outcomes remain uncertain. If market conditions stabilize, the crisis may subside. However, continued pressure could force funds to sell assets at losses or maintain withdrawal restrictions, exacerbating financial instability.

The private credit sector’s liquidity constraints, coupled with its growing size, make this a critical development to monitor in the coming months. As the situation continues to evolve, it will be crucial to watch for signs of further stress or potential resolutions.

For further insights and information on this developing story, watch the full video from Lena Petrova, which provides a deeper dive into the complexities of the private credit crisis and its potential implications.

The private credit crisis is a significant financial event with far-reaching implications. As investors, financial analysts, and policymakers watch the situation closely, it is clear that the coming months will be critical in determining the outcome of this crisis.

Will the sector weather the storm, or will it succumb to the pressures of liquidity constraints? Only time will tell.

https://www.youtube.com/watch?v=QHZ_n43OhgU

Seeds of Wisdom RV and Economics Updates Saturday Morning 4-4-26

Good Morning Dinar Recaps,

Debt Market Stress, Private Credit Cracks, and Treasury Selling Signal Deeper System Shifts

New financial fault lines are emerging beneath the surface of global markets as liquidity, debt demand, and alternative lending face rising pressure

Overview

The last 24 hours reveal a less visible—but potentially more dangerous—layer of financial stress building beneath headline geopolitical events. While energy shocks dominate attention, capital markets themselves are starting to strain, particularly in private credit, sovereign debt demand, and liquidity conditions.

These developments point to a structural shift in how money flows, risk is priced, and debt is financed globally—all core pillars of a potential global financial reset.

Key Developments

1. Private Credit Market Showing Early Signs of Crisis

A fast-growing shadow lending sector is now under pressure as investors begin pulling capital and firms move to limit withdrawals.

• Redemption caps signal tightening liquidity

• Rising risk of loan defaults and weaker returns

• Potential for a “rolling credit crisis” if conditions worsen

Why it matters: Private credit has become a major replacement for bank lending. Any disruption could tighten global financing quickly.

2. Foreign Demand for U.S. Debt Weakening

Recent activity shows foreign central banks reducing exposure to U.S. Treasuries, signaling a shift in global reserve behavior.

• Indicates diversification away from dollar-based assets

• Adds pressure to U.S. borrowing costs

• Reinforces trend toward a multi-polar currency system

Why it matters: Demand for U.S. debt is a core pillar of the current financial system. Weakening demand signals long-term structural change.

3. Treasury Market Liquidity Showing Fragility

Even the world’s most critical financial market is showing sensitivity to volatility.

• Liquidity conditions deteriorate quickly under stress

• Treasuries remain central to global collateral and pricing systems

• Elevated volatility continues into 2026 market conditions

Why it matters: When Treasury liquidity weakens, it impacts interest rates, currencies, and global stability simultaneously.

4. Geopolitical Conflict Amplifying Financial Instability

Ongoing conflict is now directly feeding into financial system stress and volatility.

• Inflation pressures remain elevated

• Borrowing costs rising globally

• Financial institutions preparing for extended instability

Why it matters: Financial stress is becoming interconnected across sectors, increasing the risk of system-wide disruption.

Why It Matters

These are not isolated issues—they are deep structural signals shaping the next phase of global finance:

• Credit creation shifting outside traditional banking

• Sovereign debt demand weakening

• Liquidity becoming more fragile

• Capital flows fragmenting globally

This suggests a transition from a centralized financial system toward a more distributed and uncertain structure.

Why It Matters to Foreign Currency Holders

For those watching a potential reset:

• A decline in Treasury demand could pressure the U.S. dollar long-term

• Credit stress may trigger repricing of currencies and global assets

• Alternative systems gain traction when traditional liquidity tightens

• Financial shocks historically accelerate monetary system transitions

Implications for the Global Reset

• Pillar 1: Debt Saturation & Sovereign Strain

With foreign buyers stepping back, governments face increasing difficulty financing debt sustainably.

• Pillar 2: Structural Shift in Credit Creation

Stress in private credit highlights the need to rethink how capital is created and distributed globally.

Closing Perspective

This is not just market volatility—it’s a shift in the plumbing of global finance.

When debt demand weakens, liquidity tightens, and credit systems strain at the same time, it signals more than a cycle—it signals transition.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Private credit stress, defaults rising, and withdrawal limits

• Central bank Treasury movemnts and global demand signals

~~~~~~~~~~  

 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 Saturday Morning 4-4-26

Suspension Of Passenger And Trade Traffic In "Shalamja"

Money and Business   Economy News — Baghdad   The head of the security committee in the Basra Provincial Council, Aqeel Al-Fariji, announced on Saturday a complete suspension of travel and trade operations at the Shalamcheh land border crossing, following an air strike on vital facilities on the Iranian side.

Al-Fariji said that "the movement of travelers and trade exchange operations through the Shalamcheh border crossing between Iran and Iraq have been completely disrupted, after the passport building on the Iranian side was hit by an air strike."

Al-Fariji added that "the specialized authorities are awaiting security reports to assess the situation on the ground," stressing that "if any danger continues to threaten the safety of work at the crossing, activity will not be resumed and will remain suspended until further notice."https://www.economy-news.net/content.php?id=67490

Iranian Parliamentarian: Imposing Fees On Ships In The Strait Of Hormuz Is Being Seriously Considered, And Hostile Countries Will Pay The Most.

Money and Business   Economy News — Follow-up   A member of the National Security Committee in the Iranian Parliament confirmed that securing the Strait of Hormuz entails costs, noting that imposing fees on passing ships is now being seriously considered, and that hostile countries should pay a higher price.

Amid the war and regional developments, the Iranian parliament is seeking to activate new tools in the fields of maritime security and economics. Among the most prominent of these measures is the proposal to impose fees on ships passing through the Strait of Hormuz, a strategic waterway whose security has been ensured for years at Iran's expense. However, the issue of making its users bear some of the costs is now being seriously considered.

Reza Mohseni Thanavi, a member of the National Security Committee in the Iranian Parliament, told Rouydad 24 that a number of projects are being studied by the deputies within the National Security and Foreign Policy Committee, most of which deal with issues related to the current situation in the country, regional developments, the repercussions of the war, and recent events.

Given its geopolitical importance and its ongoing role in international trade and maritime traffic, the Strait of Hormuz has always been of interest to regional and international naval powers. For this reason, global powers have consistently sought to consolidate their position in the Gulf by establishing military bases in or around the strait.

A member of the National Security Committee in Parliament revealed that one of the main axes of these projects is the issue of the Strait of Hormuz and imposing fees on passing ships, which was supposed to be implemented previously within a specific legal framework, but it was not activated for various reasons, while it has now been seriously included on the agenda.

Mohseni Thanavi added that there are other issues also on the table, including reconsidering some international commitments, the legal use of nuclear energy capabilities in line with the country’s needs, and reviewing regional approaches. These are files on the agenda of the National Security Committee and some other committees in Parliament.

Regarding the reasons for imposing fees on the Strait of Hormuz, he explained that a large part of the strait and its extensive coastline fall under Iran's jurisdiction, and therefore, ensuring the security of this waterway is its responsibility, which entails significant costs. He added that previously, Iran bore the costs of insuring all ships, but it has now been decided that each ship must pay a transit fee.

In response to a question about whether all countries would pay transit fees, he noted that in the absence of a comprehensive and clear law to regulate the management, monitoring and provision of services in the Strait of Hormuz, it has not yet been precisely determined which countries would be subject to these fees, but that hostile countries would bear greater costs.

In explaining the project's details, he clarified that the first phase involves Iran and Oman imposing fees to ensure safe navigation in the strait. The second phase addresses environmental pollution issues, given the potential damage to the marine environment caused by heavy ship traffic.

He pointed out that the third phase relates to maritime pilotage services, where ships will benefit from guidance services to ensure safe passage, in exchange for paying specific fees, stressing that these procedures are in place in many international straits and channels around the world.

Regarding the impact of this move on regional relations, he said that some countries in the region have shown positions that he described as harmful to the goals of the United States and Israel, and have cooperated with them in various fields, and have even put their capabilities and lands at their service.

The Iranian parliamentarian added that tensions have reached their peak at present, and that Iranian forces are protecting and managing the Strait of Hormuz with high efficiency, considering that talk about imposing fees could lead to an escalation of tensions or war does not carry much meaning, in light of the hostile parties using their full capabilities, in contrast to Iran taking appropriate measures in response.

Regarding the future of this project in the event of a ceasefire or the start of negotiations, he said that his country does not currently intend to enter into negotiations with Israel or any party seeking to repeat previous scenarios.

He concluded by emphasizing the need for a comprehensive review of regional policies, noting that if what he described as a decisive victory is achieved in this war, it will be necessary to reconsider regional issues, foreign policy, security, and even the nature of relations with neighboring countries, thus paving the way for the adoption of a new doctrine in the region. https://www.economy-news.net/content.php?id=67493

Turkish Exports To Iraq Declined By 17% At The Beginning Of 2026

Money and Business   Economy News — Baghdad   Recent trade data released on Saturday revealed significant shifts in trade between Iraq and Turkey during the first two months of 2026, with Turkish exports declining by 17%, amid remarkable growth in Iraqi exports to Turkey.

According to the figures, the total value of Turkish exports reached $1.4 billion, down from $1.74 billion recorded in the same period of 2025. Last February saw a sharp decline, with trade flows settling at $661 million compared to $900 million in the previous year.

Sector divergence: Fruits gain, iron loses

Despite the overall decline, certain Turkish sectors achieved a surge in their sales to the Iraqi market; exports of "fruits and nuts" jumped to $200 million, sales of "precious metals" doubled to reach $100 million, while the "clothing" sector recorded strong growth of about $98 million.

In contrast, other sectors suffered heavy losses; exports of “iron and steel” fell from $94 million to $45 million, and exports of “electrical machinery” and “plastics” declined by nearly 50%.

Recovery Of Iraqi Exports

On the opposite bank, Iraqi exports to Turkey rebounded by 41%, rising from $67 million to $95 million, driven by the "fuel" sector, which jumped to $37 million, and the "mineral raw materials" sector, which recorded $5.7 million.

Chronic Trade Deficit

For his part, economist Manar Al-Obaidi commented on these figures and percentages, saying that despite the relative improvement in Iraqi export figures, the trade balance still leans heavily in favor of Ankara, as the Iraqi trade deficit still exceeds the $1.3 billion mark.https://www.economy-news.net/content.php?id=67488

European Finance Ministers Are Calling For A Tax On Energy Companies' Profits Due To The Iran War.

Money and Business   Economy News — Follow-up  Five EU finance ministers, in a letter to the European Commission on Saturday, called for a tax on the windfall profits of energy companies in response to soaring fuel prices caused by the Iran war.

The finance ministers of Germany, Italy, Spain, Portugal and Austria issued this joint appeal in a letter, in which they said, according to Reuters, that "this measure will signal that we are united and capable of taking action."

They wrote that this "will also send a clear message that those who benefit from the consequences of war must play their part in easing the burden on the general public."

Oil and gas prices have risen sharply since the start of the US and Israeli strikes on Iran on February 28, causing a price shock similar to the energy crisis Europe experienced after Russia's invasion of Ukraine in 2022, even though EU countries now get more energy from renewable sources.

In the letter to EU Climate Commissioner Wopke Hoekstra, the ministers referred to a "similar emergency levy in 2022 to address rising energy prices."

They continued: "Given the current market distortions and financial constraints, the European Commission must quickly develop a similar EU-wide contribution instrument based on a solid legal foundation."

The letter did not mention any details about the level of tax on exceptional profits proposed by the ministers, or which companies would be subject to it.

European gas prices have risen by more than 70 percent since the start of the US-Israeli war with Iran on February 28.

https://www.economy-news.net/content.php?id=67487

MilitiaMan and Crew: IRAQ DINAR UPDATE-Iraq Ready for Integration-Clear it is!

MilitiaMan and Crew: IRAQ DINAR UPDATE-Iraq Ready for Integration-Clear it is!

4-3-2026

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

No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar 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=VZO1cZaPDpY

Seeds of Wisdom RV and Economics Updates Friday Afternoon 4-3-26

Good Afternoon Dinar Recaps,

Energy Shock, Rising Debt Costs, and Food Inflation Converge

New Data Reveals Expanding Pressure Across the Global Financial System 

Overview

• Global food prices rising again, reversing prior declines

• Oil supply fears pushing energy costs higher

• Government debt costs surging alongside yields

• Economic pressure spreading across multiple sectors simultaneously

Key Developments

1. Food prices jump as energy crisis spreads into supply chains

New data shows global food prices rose 2.4% in March, marking a second consecutive increase after months of decline.

• Sugar prices up 7%

• Vegetable oils up 5%

• Fertilizer and transport costs rising sharply

The driver:

• Energy disruption tied to ongoing conflict and shipping constraints

Energy costs are now directly feeding into global food inflation

2. Oil supply tightening raises risk of deeper shortages

Analysts warn that global oil stockpiles are falling toward critical levels:

• Inventories could drop to operational minimum levels within weeks

• Potential 14 million barrels/day supply shortfall

• Oil prices already surged above $109–$111 per barrel

Even if supply resumes, recovery could take months—not days

3. Rising yields increase pressure on government finances

Governments are beginning to feel the impact of higher borrowing costs:

• Debt servicing costs rising rapidly

• In France, monthly borrowing costs (~€300M) are now exceeding fuel tax gains

• Additional subsidies and aid increasing fiscal strain

Higher yields are canceling out revenue gains—tightening budgets globally 

4. Economic strain spreading across multiple systems at once

We are now seeing simultaneous pressure across key pillars:

• Energy → driving inflation

• Food → increasing cost of living globally

• Debt → raising systemic financial risk

This is no longer isolated volatility—it is multi-system stress

Why It Matters

• Energy shocks ripple into food, transport, and manufacturing

• Rising debt costs limit government response options

• Inflation pressures are re-accelerating globally

This combination historically signals deeper financial instability

Why It Matters to Foreign Currency Holders

• Currency stability depends on energy, inflation, and debt dynamics

• Rising costs weaken purchasing power globally

• Shifts in reserve strategy may accelerate under pressure

These conditions often precede currency realignment cycles

Implications for the Global Reset

• Pillar 1: Energy as the Core Driver of Economic Stability

• Control of energy supply now directly impacts inflation and growth

• Energy disruptions are reshaping global financial flows

• Pillar 2: Debt System Under Increasing Strain

• Rising yields are exposing unsustainable fiscal models

• Governments face less flexibility to stabilize economies

This is where structural cracks begin to widen

Closing Perspective

What we are seeing now is a rare convergence of pressures:

• Energy shortages

• Food inflation

• Rising debt costs

Each of these alone can strain the system—together, they create compounding stress across the global economy.

This is how systemic shifts begin—not suddenly, but through accumulating pressure points.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• The Guardian — Food prices spike as energy costs surge amid conflict

• MarketWatch — Global oil stockpiles could hit critically low levels

~~~~~~~~~~

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

“News Posted by Tishwash at TNT 4-3-2026

TNT:

Tishwash:  Trump condemns attacks on Kurdistan and affirms Washington's support for protecting Iraq's security.

 On Wednesday evening (April 1, 2026), the President of the Kurdistan Region, Nechirvan Barzani, received a phone call from US envoy Tom Barrack, who conveyed a message of solidarity from US President Donald Trump following the recent attacks targeting the region.

 Trump strongly condemned the drone attack that targeted President Barzani's house in Duhok, stressing Washington's full support for protecting the security and stability of Iraq and the Kurdistan Region. Barzani expressed his appreciation for the US positions and assistance.

The Kurdistan Region Presidency stated in a statement received by 964 Network that “His Excellency Mr. Nechirvan Barzani, President of the Kurdistan Region, received this evening (Wednesday, April 1, 2026), a telephone call from Mr. Tom Barrack, Special Envoy of US President Donald Trump to Syria and US Ambassador to Turkey.”

The statement continued, “Mr. Barak conveyed a message from President Donald Trump, in which he strongly condemned the attacks targeting the Kurdistan Region, and the drone attack that targeted the home of President Nechirvan Barzani in Duhok. President Trump expressed his solidarity with His Excellency, and his condolences to the families of the martyrs, wishing a speedy recovery to the wounded.”

He added that “in the phone call, Mr. Barack affirmed President Trump’s and the United States’ full support for protecting the security and stability of Iraq and the Kurdistan Region. For his part, President Nechirvan Barzani thanked him for the call, expressing his appreciation for America’s positions and assistance to Iraq and the Kurdistan Region.”

He pointed out that “the repercussions of the war formed another axis of communication in the region.  link

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

Tishwash:  The World Bank expresses "deep concern" over the economic consequences of the war.

World Bank Managing Director Pascal Donohoe expressed "deep concern" about the impact of the war in the Middle East on the global economy, at a time when a number of countries were already in a difficult situation due to a series of global crises.

"We are very concerned about the consequences this will have in terms of inflation, jobs and food security, and that is why we are preparing to provide assistance" to countries that request it, Donohue told AFP.

The Washington-based organization pays particular attention to the situation in African and Asian countries, which are especially vulnerable to rising energy prices and supply shocks.

He added, "We are consulting with several governments and countries to understand their needs, and I expect we will have more information in the coming weeks."

The World Bank, in particular, will have to use its spring meetings, to be held in Washington from April 12 to 17, "to assess the scale of the potential response."

Donohue said that currently "we are seeking to identify the available funds and interventions that may be necessary to help countries deal with the short-term effects of the war in Iran."

As part of these efforts, the World Bank on Wednesday issued a joint statement with the International Monetary Fund and the International Energy Agency announcing the creation of a "coordination group to ensure the most effective response" by these institutions to the ongoing crisis.

It is an initiative that can be expanded to include other institutions with the aim of providing expertise in different fields. link

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

Tishwash:  Oil companies are withdrawing from Iraq, deeming it high-risk.

 International oil companies, including BP , have begun evacuating foreign staff from their sites in Basra and Kirkuk, as security threats escalate in the country.

Politico reported on Thursday (April 2, 2026) that companies described Iraq as a "high-risk environment" due to the increasing number of rocket and drone attacks targeting vital facilities and Western interests.

The report indicated that the evacuation was part of precautionary measures to protect employees, while maintaining operational processes at a minimum through local staff.

This move comes after a series of evacuations that began in March, involving foreign employees at oil fields in southern Iraq, following drone incidents inside production sites.

Hundreds of workers from American and European companies have also gradually left their posts, amid fears that energy facilities could become direct targets in the ongoing conflict.

These developments coincide with an escalation of attacks inside Iraq, which have targeted oil fields and facilities, military sites, and diplomatic missions.

Despite continued production, the reduction in foreign presence raises concerns about declining investments and a slowdown in field development, at a time when Iraq is almost entirely dependent on oil revenues.

The Iraqi government had previously affirmed its commitment to keeping the country out of the conflict, stressing that Iraq "is not a party to the conflict" and refuses to be drawn into it.

However, developments on the ground, and the evacuation of foreign companies, reflect the magnitude of the challenge in shielding Iraq from the repercussions of regional escalation. link

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

Tishwash:  A coalition of 40 countries threatens Iran with harsh sanctions if it does not reopen the Strait of Hormuz.

International pressure is mounting on Iran as some 40 countries lead a move to immediately reopen the Strait of Hormuz, in a scene reflecting growing global concern over the choking of the world's most important energy artery.

British Foreign Secretary Yvette Cooper's remarks reveal a sharp tone, as she considered that Tehran is "holding the global economy hostage," at a time when Western countries are moving towards coordinating new sanctions if the shutdown continues.

The crisis is deepening as shipping traffic has plummeted by 93% since the outbreak of the war in the Middle East, according to data from Kpler. This has led to sharp increases in oil and gas prices, especially since approximately 20% of global supplies pass through the street. The limited transit figures – only about 225 tankers since the start of the conflict – demonstrate the extent of the disruption to global supply chains, with only a few ships, mostly Iranian or Asian, continuing to pass through.

International positions on how to handle the crisis are divergent. US President Donald Trump is pushing for direct intervention to protect the strait, calling on the countries that benefit from it to “seize and secure it,” while French President Emmanuel Macron warns against any military action, describing it as unrealistic and fraught with serious risks. This divergence reflects a Western division regarding the limits of possible escalation.

Regional and international actors have become involved in the crisis, with the Gulf Cooperation Council calling for a UN mandate authorizing the use of “all means” to ensure navigation, while Italy is pushing for the establishment of a humanitarian corridor to avert a potential global food crisis. Meanwhile, China blames the United States and Israel, arguing that their military operations are the root cause of the disruption to shipping, further deepening the international divide over the narrative of the crisis.

Alternative economic moves, such as Iraq resorting to exporting oil via Syria, reveal the beginning of a temporary redrawing of the energy map, while Iran pledged to allow some tankers, in a move that suggests attempts to contain the escalation without making a full concession  link

Seeds of Wisdom RV and Economics Updates Friday Morning 4-3-26

Good Morning Dinar Recaps,

Brazil Boosts Gold Reserves While Trimming Dollar Exposure

BRICS Nations Accelerate Diversification as Global Reserve Strategy Evolves

Overview

• Brazil added 42.8 tons of gold in late 2025

• Gold reserves jumped 33%, signaling strategic repositioning

• U.S. dollar share dropped to 72%, continuing a multi-year decline

• BRICS nations collectively expanding gold holdings

• Global reserve system showing early signs of diversification

Key Developments

1. Brazil significantly increases gold holdings
Brazil’s Central Bank made a decisive move by purchasing 42.8 tons of gold between September and November 2025, raising total reserves to 172.4 tons.

• Gold now represents 7.19% of Brazil’s reserves

• It has become the second-largest reserve asset after the dollar

This reflects a clear shift toward hard assets amid global uncertainty

2.Dollar exposure steadily declines—but remains dominant
Despite diversification, the U.S. dollar still holds the majority share of Brazil’s reserves:

• 80.42% (2022) → 72% (2025)

• Decline has been consistent year after year

Other currencies gaining ground include:

• Euro (6.60%)

• Chinese renminbi (5.94%)

This is not a sudden exit from the dollar—but a measured rebalancing strategy

3.BRICS nations expand gold accumulation strategy
Brazil’s move aligns with a broader trend across BRICS:

• Combined BRICS gold holdings now exceed 6,000 tonnes

• Represent roughly 20–21% of global gold reserves

• Over 50% of global gold purchases (2020–2024) came from BRICS central banks

Major holders include:

• Russia (~2,300+ tonnes)

• China (~2,200+ tonnes)

• India (~880 tonnes)

Gold is increasingly being treated as a neutral reserve asset outside the dollar system

4.Diversification driven by geopolitical and economic uncertainty
Brazil’s Central Bank confirmed its strategy is based on:

• Rising geopolitical tensions

• Economic uncertainty in global markets

• Need for stronger reserve stability

It also expanded holdings in:

• Renminbi, euro, and South Korean won

This reflects a broader move toward multi-currency reserve systems

5.Future BRICS currency concepts gaining attention
BRICS nations are also exploring:

• A “Unit” settlement system

• Proposed structure: 40% gold-backed, 60% local currencies

While still in development, this signals:

• Long-term planning for alternative trade settlement systems

The shift is gradual—but increasingly coordinated

Why It Matters

• Gold accumulation signals declining trust in fiat-only reserves

• Central banks are preparing for potential currency volatility

• Diversification reduces dependence on any single currency system

This is a strategic hedge—not a sudden financial reset

Why It Matters to Foreign Currency Holders

• Currency values are influenced by reserve composition shifts

• Gold-backed positioning may strengthen financial resilience

• Dollar dominance remains—but is slowly being diluted

The system is evolving, not collapsing

Implications for the Global Reset

• Pillar 1: Return to Hard Assets

• Gold is regaining importance as a core reserve foundation

• Central banks are hedging against fiat risk

• Pillar 2: Multi-Currency Reserve System Emerging

• Movement toward diversified currency baskets

• Reduced reliance on a single global reserve currency

This reflects a transition toward a more balanced global system

Closing Perspective

Brazil’s actions highlight a measured but meaningful shift in global finance.

The dollar remains dominant, but the steady rise of gold and alternative currencies shows that central banks are preparing for a more diversified future.

The reset, when it comes, is not sudden—it is being built step by step through policy decisions like these.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — Brazil Cuts Dollar Holdings, Adds 42 Tons of Gold as BRICS Push Grows

• Central Bank of Brazil — Annual Report on International Reserves (March 31, 2026)

~~~~~~~~~~ 

 🌱 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 Friday Morning 4-3-26

Spacex Is Targeting A Valuation Exceeding $2 Trillion In Its Initial Public Offering.

Money and Business   Economy News - Follow-up   Bloomberg reported on Thursday, citing sources familiar with the matter, that Elon Musk's SpaceX has raised its target valuation for its initial public offering to more than $2 trillion, setting the stage for what could become the largest IPO ever.

The report stated that SpaceX and its advisors are presenting this figure to potential investors in its initial public offering.

Starbase, Texas-based SpaceX recently filed confidential filings for its initial public offering with the U.S. Securities and Exchange Commission and aims to launch its shares on the market later this year. SpaceX has not yet responded to Reuters' request for comment.

This request comes after SpaceX merged with Musk's AI startup XAI in a deal that valued the space rocket manufacturer at $1 trillion and the developer of the AI ​​chatbot, GROOC, at $250 billion.

Musk, the world's richest person, runs a huge business empire that includes electric cars at Tesla, space launch vehicles, satellite broadband internet, artificial intelligence, and social media.

https://www.economy-news.net/content.php?id=67444

FAO: Global Food Prices Rise In March To Highest Level Since Last December

Money and Business   Economy News - Follow-up     The United Nations Food and Agriculture Organization (FAO) said on Friday that global food prices rose in March to their highest level since December, marking a second consecutive monthly increase.

The FAO Food Price Index, which tracks changes in a basket of globally traded food commodities, averaged 128.5 points in March, up 2.4% from its revised level in February.

In a separate report, the Food and Agriculture Organization (FAO) slightly raised its forecast for global cereal production in 2025 to a record high of 3.036 billion tons. This would be 5.8% higher year-on-year.

https://www.economy-news.net/content.php?id=67451

Gold Prices Fall By More Than 3.5% After Trump's Speech

Money and Business   Economy News - Follow-up   Gold prices reversed course to fall more than 3.5% on Thursday, ending a four-day winning streak, after US President Donald Trump said the United States would continue its war with Iran in the coming weeks.

Spot gold fell 3.51% to $4,591.47 an ounce by 06:29 GMT, while U.S. gold futures dropped 3.97% to $4,622.10.

Prices rose by more than 1% to their highest level since March 19, before Trump's remarks, according to Reuters.

In a televised address to the nation, Trump said the United States would strike Iran "very hard" within the next two to three weeks and return it to the "Stone Age," adding that the United States' strategic objectives in the conflict were nearing completion.

Brent crude prices rose by more than 4%, while US 10-year Treasury yields and the dollar index rose, negatively impacting the dollar-denominated metal.

The precious metal fell 11% in March, its worst monthly loss since 2008, after the outbreak of the Iran war on February 28, which led to higher oil prices and increased inflationary pressures, casting a shadow of uncertainty over the Federal Reserve’s (the US central bank) monetary policy path.

As for other precious metals, silver fell 2.9% to $72.95 in spot trading, platinum dropped 1.8% to $1,928.26, and palladium declined 1.4% to $1,451.85.    https://www.economy-news.net/content.php?id=67419

The Minister of Finance has directed that the accounting and banking departments continue operating to complete the payment of employee salaries.

Money and Business   Economy News – Baghdad   Finance Minister Taif Sami directed on Wednesday that work continue in the accounting and banking departments to complete the payment of employee salaries for the month of March.

Sami told the Iraqi News Agency, as reported by "Economy News," "We have directed the continued operation of the accounting and banking departments to complete the payment of employee salaries for the month of March in the remaining spending units."   https://www.economy-news.net/content.php?id=67395

Oil Jumps 11% As Trump Escalates War With Iran

2026-04-03 Shafaq News   U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading, as traders worried about prolonged disruptions to oil supply the day after President Donald Trump said the United States would continue attacks on Iran.

Brent crude futures closed $7.87, or ‌7.78%, higher at $109.03 a barrel. U.S. West Texas Intermediate crude futures rose $11.42, or 11.41%, at $111.54 per barrel, settling at their biggest absolute price rise since 2020.

Both benchmarks remained below highs near $120 a barrel touched earlier in the conflict.

Trump said military operations would be intensified, but did not specify a timeline for ending hostilities. He gave no details on any steps that could lead to a reopening of the Strait of Hormuz

"We're going to hit them extremely hard over the next two to three weeks," Trump said. "We're going to bring them back to the Stone Ages, where they belong."

Iran is drafting a protocol with Oman to monitor traffic in the strait, an Iranian foreign ministry official ⁠said, after a Bloomberg report.

Iran has effectively shut down the narrow waterway through which a fifth of global oil and liquefied natural gas is shipped, in retaliation for U.S.-Israeli strikes that began on February 28. Reopening it has become a priority for governments around the world as energy prices soar.

"The real question on traders' minds is that if Iran's oil infrastructure is possibly now at risk, and with more damage in the area now very likely, even if left intact the restart of oil flows in the region (is) now looking to be delayed further," said Dennis Kissler, senior vice president of trading at BOK Financial.

WTI, which typically trades below Brent, was pricing nearly $3 over Brent as the U.S. contract was trading for May deliveries, while the Brent contract was trading for June deliveries. WTI's premium over the global benchmark was the highest in a year.

"Market's expectation is that if (the) Strait of Hormuz opens up in (a) couple of weeks this risk premium will immediately go down," said John Kilduff, Partner at Again Capital.

Federal Reserve Bank of Dallas President Lorie Logan said on Thursday that a swift ‌war resolution ⁠may mean economic impact could be pretty moderate, adding that the economic outlook was uncertain due to the crisis. The United States has some buffers to impacts from the war, Logan said.

Brent crude prices could average $95 a barrel in the base case and $130 a barrel in the bull case in the second half of the year, Citi said, while oil prices could climb to between $120 and $130 a barrel in the near-term, JP Morgan said. Prices could rise above $150 if the Strait remains closed into the middle of May, JP Morgan added.

U.S. oil rigs, an indicator of future output, rose by two ⁠to 411 this week, energy services firm Baker Hughes said. An increase in prices for oil to be delivered in future months has producers considering adding more rigs, but they have cautioned that they would like to see the higher prices hold for longer to do so.

Front-month WTI traded at its largest-ever premium over the second-month and seventh-month contract on Thursday.

TALKS ON REOPENING HORMUZ

Britain is hosting a virtual ⁠meeting of around 40 countries to discuss options for reopening the Strait of Hormuz. The United States is not due to attend.

OPEC+, meanwhile, is likely to weigh a further oil output increase on Sunday, sources said. This would position members to add more barrels should the Strait of Hormuz reopen but is not likely to meaningfully increase supply before then.

In Russia, Ukraine's strikes on ⁠port infrastructure, pipelines and refineries have reduced export capability by 1 million barrels per day, or a fifth of total capacity, sources say, enough to set the stage for imminent production cuts.

The head of the International Energy Agency also said that supply disruptions would start to affect Europe's economy in April, after the region had previously been shielded by cargoes contracted before the start of the war.(Reuters)  

https://www.shafaq.com/en/Economy/Oil-jumps-11-as-Trump-escalates-war-with-Iran

The Next Collapse Is Already Forming | George Gammon

The Next Collapse Is Already Forming | George Gammon

Lynette Zang:  4-3-2026

Lynette Zang is joined by George Gammon to discuss a “perfect storm” that looks eerily similar to 2008—but with even bigger risks beneath the surface.

 Private credit, hidden leverage, and a fragile system could all collide at once.

When credit stops flowing, everything changes. This is what you need to understand before it happens—and why being prepared matters now more than ever.

Chapters:

 0:00 Introduction to George Gammon & Mission

 0:29 Stagflation Fears vs What Really Matters

1:40 Why the Labor Market Is the Key Signal

2:36 Lessons from 2008: Inflation → Deflation

4:12 Oil Shock = Hidden Tax on Consumers

 5:02 Central Bank Mistakes & Rate Hikes Before Crashes

 5:58 Private Credit = The New Subprime Crisis

7:23 Red Flags: Funds Halting Withdrawals

9:00 “Toxic Assets” Being Repriced to Zero

10:00 The Ponzi Scheme Phase Explained

13:16 Liquidity Crisis & Investor Lockouts

15:45 Why Money & Credit Flow Is Everything

18:12 What Actually Caused the 2008 Collapse

20:13 Why This Time Feels Similar (But Different)

 21:31 Passive Investing & Retirement Flows Driving Markets

 24:22 Unemployment Trigger That Could Crash Markets

25:24 AI Job Losses & Economic Impact

26:35 UBI, Inflation & Government Response

29:22 Deflation vs Credit Collapse

30:47 How Private Credit Was Created After 2008

33:11 Shadow Banking & Regulatory Loopholes

35:12 Can the System Be Fixed? (Gold vs Government)

 38:28 Why Government Power Keeps Expanding

42:12 Social Movements, Money System & Control

49:09 Derivatives Risk & $7 Quadrillion Exposure

51:12 Why Crises Create Massive Dollar Demand

53:54 Currency vs Real Purchasing Power

56:21 Are We Heading Toward GFC 2.0?

58:06 How to Prepare & Find Opportunity

59:42 Final Advice: Protect Wealth & Stay Ready

1:00:42 Where to Follow George Gammon

https://www.youtube.com/watch?v=4L7IdIb1rGA