Iraq Economic News And Points To Ponder Tuesday Morning 4-7-26

Muzhir Muhammad Salih: The Informal Economy Hides 67% Of The Market In Iraq.

Time: 2026/04/06 {Economic: Al-Furat News} Mazhar Muhammad Saleh confirmed today, Monday, that the informal economy in Baghdad and the rest of Iraq’s cities represents a source of livelihood for millions of citizens, but at the same time it hides 67% of the market economy, deprives the state of important resources, and leaves those working in it without legal protection.

 Saleh explained in his interview with Al-Furat News Agency that "this economic, social and legal paradox cannot be addressed through imposing taxes or prosecution, but rather through simplifying the procedures adopted by the government program, such as registration, reducing fees, and providing real incentives such as loans and insurance." 

He pointed out that "the adoption of electronic payment through digital payment applications, with its current resurgence, can enhance transparency and facilitate the integration of this sector into the regulated market economy." 

He explained that "when the formal economy becomes more accessible and beneficial, the informal market will become a supporting force for the economy instead of remaining outside the organized market and the legal framework that protects market activity, including the social protection system and the workers' pension fund." 

He added that "the entire informal economy can then be transformed into a supporting force for the economy, based on governance and transparency, instead of remaining outside the legal framework and social protection." 

https://alforatnews.iq/news/مظهر-محمد-صالح-الاقتصاد-غير-الرسمي-يخفي-67-من-السوق-في-العراق

Expert Warns: The Informal Economy Is Expanding Beyond State Control

Time: 2026/04/06 {Economic: Al-Furat News} Economic expert, Salah Nouri, confirmed that the informal economy in Iraq represents a wide segment of activities that operate outside the control and management of the state. 

Nouri told Al-Furat News Agency that: “The informal economy includes workshops, small projects, shops, and street vendors, and is often not registered with official authorities and is not subject to the tax system.”

He explained that "Western countries adopt high regulatory systems for professions and small projects, where licenses are granted easily and without bureaucratic complications, in exchange for subjecting these activities to taxes and including workers in them in social security systems, which enhances the stability of this sector and its integration into the formal economy."

Nouri added that "the responsibility for regulating this sector in Iraq lies with the Ministry of Labor and Social Affairs in coordination with the Ministry of Trade through granting licenses and activating social security in exchange for tax compliance," noting that "the recent Ministry of Labor law included encouraging benefits, including voluntary social security."

He explained that "the weak demand for these privileges is due to the limited awareness among small business owners and shops, as well as the weak conviction in the feasibility of engaging in the formal economy."

Nouri pointed to the "possibility of supporting this sector by promoting small and medium enterprises," explaining that "the Central Bank of Iraq has previously launched financing initiatives to support these projects through loans based on economic feasibility studies and in coordination with specialized civil society organizations, which contributes to stimulating the economy and reducing the size of the informal sector."https://alforatnews.iq/news/خبير-يحذر-الاقتصاد-غير-الرسمي-يتمدد-خارج-سيطرة-الدولة

An Economist Proposes Practical Solutions For Transitioning From An Oil-Based Economy To A Diversified One

Baghdad Today – Baghdad   On Monday, April 6, 2026, economist Dhurgham Muhammad presented a number of solutions to change the pattern of the Iraqi economy, which is largely based on oil exports as a main source of revenue, calling for a shift towards a diversified economy capable of facing shocks, especially in the energy market and the disturbances that directly affect the state’s general budget.

Mohammed told Baghdad Today, “The main problem in Iraq is that every government operates according to a vision that extends for only four years, i.e., the duration of its term, without any continuity or unified programs between successive governments, as each government sets its own program, and the programs of the previous government are often canceled or marginalized.”

He added that "the large expansion in operational spending has narrowed the space for investment spending, which has negatively affected the activation of investment and development sectors, which requires rearranging economic priorities."

He pointed out that “Iraq is in dire need of establishing a Supreme Council for Strategic Policies, whose mission would be to develop economic reform programs and long-term development plans that extend over several years, provided that this council transcends governments and is not linked to a specific governmental formation, and is subject to judicial supervision that gives it the status of being binding on all successive governments.”

Mohammed added that "it is necessary to reconsider all development sectors and work to move them forward by preparing specialized programs, whether relying on local or international expertise, to revitalize sectors not directly related to the government, including the tourism, agricultural and industrial sectors."

He explained that "among the proposed solutions is the establishment of green investment zones similar to free zones, whose lands are serviced and ready to receive agricultural, industrial and residential investment opportunities, with the adoption of the one-stop shop principle, which contributes to reducing government bureaucracy and creating an attractive environment for investment and revitalizing the Iraqi economy."  https://baghdadtoday.news/296663-.html

Exclusive: Iraq Could Restore Oil Exports To Pre-War Level Within A Week If Hormuz Reopens, Basra Oil Chief Says

By Aref Mohammed   April 6, 2026   BASRA, Iraq, April 6 - Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens, the head of the ‌country’s state-run Basra Oil Company said. 

Among Gulf oil producers, Iraq has suffered the biggest drop in oil revenue as a result of the effective closure of the Strait, a Reuters analysis has found, because it lacks alternative shipment routes. 

But the country, the second biggest producer in the Organization of the Petroleum Exporting Countries, can quickly restore output to levels before U.S.-Israeli attacks on Iran at the end of February led to the effective closure of the waterway. The Strait typically is the route for about a fifth of global oil and LNG flows. 

Bassem Abdul Karim said Iran ⁠has so far provided only verbal guarantees that would allow Iraqi tankers permission to transit the Strait. 

“We have not received any formal documents regarding permission for Iraqi tankers to pass,” he said in an interview with Reuters. 

He said production from Iraq's southern oilfields was around 900,000 barrels per day, but if the war ends and safe passage through the Strait is guaranteed exports could reach 3.4 million bpd within a week. 

U.S. President Donald Trump has threatened to rain "xxxx" on Tehran unless it makes a deal by the end of Tuesday that would allow traffic to move through the Strait of Hormuz. 

Last month, Iraq’s oil production dropped by about 80% to around 800,000 barrels per day, Iraqi energy officials told Reuters last month as the war meant Iraq could not export and storage tanks filled. 

With limited outlets for Iraqi oil, production from the Rumaila field fell to around 400,000 bpd, down from about 1.35 million bpd before the conflict, and at the Zubair field the ‌level was ⁠about 300,000 bpd, down 340,000 bpd before the war, Abdul Karim said. 

Several smaller fields are being operated at limited levels to ensure continued production of associated gas, used in domestic power generation, while shutdowns at other sites have been used as an opportunity to carry out maintenance work, he added. 

Production from Iraq's fields was around 4.3 million bpd before the war, which should leave enough leeway to export 3.4 million bpd even allowing for war-related damage. 

Gas output from fields in Basra has dropped to around 700 million standard cubic feet per ⁠day, compared with about 1.1 billion standard cubic feet mscf per day before the war, largely because of the reduced oil production, Abdul Karim said. 

To supply domestic demand, BOC is sending around 400,000 bpd of crude to northern Iraq. That includes about 150,000 bpd by truck and roughly 250,000 bpd via a domestic pipeline, to supply refineries that have ⁠demand of around 500,000 bpd. 

Production from the northern Kirkuk fields is roughly 380,000 barrels per day, Abdul Karim said. 

Asked about the impact of drone attacks, Abdul Karim said strikes on oil facilities had caused “major losses to the continuity of production and oil operations,” adding that both foreign and Iraqi service companies had been targeted. 

A two‑drone ⁠attack that targeted the Rumaila oilfield on Saturday wounded three Iraqi workers, security and energy sources told Reuters. 

Abdul Karim said the attack on the northern part of the Rumaila field hit sites used by U.S. oilfield services companies Schlumberger and Baker Hughes, causing a fire that was later brought under control. 

Neither Schlumberger nor Baker Hughes immediately responded to requests for comment.

https://www.reuters.com/business/energy/iraq-could-restore-oil-exports-pre-war-level-within-week-if-hormuz-reopens-basra-2026-04-06/

A Representative Of The Framework: The Session To Elect The President Will Proceed Without Postponement, And Salaries Are Secured For Two Months

Time: 2026/04/05    {Politics: Al-Furat News} MP Ahmed Al-Moussawi, from the Sadiqun bloc, confirmed that the session to elect the President of the Republic scheduled for next Saturday will proceed without postponement, while noting that salaries are secured for two months despite the financial challenges.

 Al-Moussawi said, during his appearance on the “On the Ruler” program on Al-Furat satellite channel, that “the session to elect the President of the Republic next Saturday will definitely proceed and there will be no postponement,” indicating that “all factors point to the failure of the United States in its war on Iran.”

He added, "The cost of war is high for the Islamic Republic and the entire region; but it is a war that was imposed and must be fought," noting that "the United States does not respect the sovereignty of Iraq, and the Iraqi government is working with all its capabilities to prevent the targeting of diplomatic missions."

Al-Moussawi explained that "the United States, according to the strategic agreement, is obligated to protect Iraq's airspace; however, it violates sovereignty and targets security headquarters," noting that "the Iraqi government is in a very embarrassing position, as it wants to support the Islamic Republic."

He explained that “linking the Iraqi file and the formation of the government to the war on Iran is an unjustified position, and there must be a fully empowered government. What is happening in the region is a clear war, but it is an internal matter,” stressing that “Iraq must be its own master and the decision-maker.”

Al-Moussawi pointed out that “April 11 is the date of the session to elect the President of the Republic, and the quorum will be achieved according to the signatures of the deputies that were collected, which amounted to 230 signatures, with the possibility of the Democratic Party deputies not attending,” noting that “most of the forces of the framework are going to vote in favor of the Patriotic Union candidate.”

Regarding the premiership, Al-Moussawi said, “The coordination framework is not with Nouri al-Maliki or Mohammed Shia al-Sudani, but rather it has established mechanisms for selecting candidates based on national acceptance, non-controversial nature, and acceptance by the religious authority and the international community.

” He emphasized, “Our position is firm with the framework’s decision to proceed with voting on the prime minister candidate, regardless of whether or not we participate in the government.”

He added that "Iraq cannot afford to remain without a fully empowered government," explaining that "Sheikh Khazali did not attend the recent framework meetings due to security concerns."

Al-Moussawi concluded by saying that "the financial situation in Iraq is not easy, as it depends on oil, and there is a real crisis after the delay in oil exports for two weeks, and this requires decisions and powers," noting that "the government has reassured that salaries can be secured for two months, but amid difficulty in completing them and delivering them to employees."   Wafaa Al-Fatlawi https://alforatnews.iq/news/نائب-عن-الإطار-جلسة-انتخاب-رئيس-الجمهورية-ستمضي-دون-تأجيل-والرواتب-مؤمنة-لشهرين

Some “Iraq News” Posted by Tishwash at TNT 4-7-2026

TNT:

Tishwash:  2025 statistics: Iraq ranks second in the Arab world in terms of reliance on "cash"

Iraq continues to rely heavily on "cash payments" in daily transactions for the year 2025, ranking highly among Arab countries according to forex.se.

Iraq’s reliance on cash, at a rate of up to 85%, reflects the slow pace of the shift towards electronic payments compared to some countries in the region, according to the Swedish website specializing in currency exchange and travel services.

According to the website's data, Lebanon tops the list with 90%, followed by Iraq with 85%, then Egypt and Jordan with 80% each, Morocco with 65%, Tunisia with 55%, Oman with 50%, while Kuwait and Saudi Arabia have 30%, Qatar has 25%, and finally Bahrain and the UAE have 20% each.  link

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

Tishwash:  In a detailed report, the International Monetary Fund ranks Iraq's economy both regionally and globally.

The International Monetary Fund announced on Monday that Iraq will be the fifth largest Arab economy in 2026, while predicting continued growth in the Iraqi economy by 2030.

The report stated that "data showed Iraq ranking fifth among Arab economies in 2026, based on purchasing power parity (PPP) GDP, with a value of $739.13 billion, placing it 44th globally."

According to the report, the top five Arab economies were ranked as follows: Saudi Arabia led the Arab world (16th globally), followed by Egypt in second place (18th globally), the United Arab Emirates in third, Algeria in fourth, and Iraq in fifth.

The report also noted that "globally, three superpowers maintained their leading positions; China ranked first with $43.5 trillion, followed by the United States in second place with $31.8 trillion, and India in third place with $19.1 trillion."

According to detailed official indicators for Iraq, nominal GDP at current prices reached $273.91 billion, with a real growth rate of 3.6%.

Per capita GDP (PPP) stood at $15,850, while the population reached 46.64 million.

Regarding monetary and fiscal stability, the report noted that "the annual inflation rate remained stable at 2.5%, net public lending/borrowing was -7.1%, and the current account deficit was 1.1%."The IMF concluded its report with projections indicating that "the Iraqi economy will continue to grow by 2030."  link

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

Tishwash:  Muzhir Muhammad Salih: The informal economy hides 67% of the market in Iraq.

 Mazhar Muhammad Saleh confirmed today, Monday, that the informal economy in Baghdad and the rest of Iraq’s cities represents a source of livelihood for millions of citizens, but at the same time it hides 67% of the market economy, deprives the state of important resources, and leaves those working in it without legal protection.

Saleh explained in his interview with Al-Furat News Agency that "this economic, social and legal paradox cannot be addressed through imposing taxes or prosecution, but rather through simplifying the procedures adopted by the government program, such as registration, reducing fees, and providing real incentives such as loans and insurance." 

He pointed out that "the adoption of electronic payment through digital payment applications, with its current resurgence, can enhance transparency and facilitate the integration of this sector into the regulated market economy." 

He explained that "when the formal economy becomes more accessible and beneficial, the informal market will become a supporting force for the economy instead of remaining outside the organized market and the legal framework that protects market activity, including the social protection system and the workers' pension fund." 

He added that "the entire informal economy can then be transformed into a supporting force for the economy, based on governance and transparency, instead of remaining outside the legal framework and social protection." link

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

Tishwash:  The Security Council will vote today on a watered-down resolution regarding the Strait of Hormuz.

 The UN Security Council will vote on Tuesday (April 7, 2026) on a watered-down draft resolution to secure navigation in the Strait of Hormuz, following extensive amendments to avoid a veto, and hours before the expiration of US President Donald Trump's deadline for Iran.

 The vote on the new text comes after a series of postponements, the latest of which was last Friday, amid disagreements between the permanent member states, especially with Russia and China.

 According to Agence France-Presse, the first version of the project, which Bahrain pushed forward with Gulf support two weeks ago, included an explicit mandate to use force to secure navigation in the strait.

 However, this clause was gradually dropped during the negotiations, to be replaced by a watered-down version calling for "coordination of efforts of a defensive nature," including escorting commercial vessels, without granting a direct military mandate.

 The current version condemns the Iranian attacks on ships and demands that Tehran "immediately cease" any actions that impede freedom of navigation, while affirming the Council's readiness to consider additional measures against those who threaten this vital waterway.

 The project also stipulates a follow-up mechanism, through a request for an initial report from the Secretary-General of the United Nations within 7 days, followed by monthly reports to monitor any developments or attacks in the region.

 The decision applies only to the Strait of Hormuz, with an emphasis on adherence to international law and the United Nations Convention on the Law of the Sea.

 This move comes at a sensitive time, as the vote coincides with a deadline set by Trump for Iran that ends at dawn on Wednesday, threatening harsh measures if the strait is not reopened. link

MilitiaMan and Crew: IRAQ DINAR UPDATE-Exchange rate Stability-Parliament confirms Session-Presidency-ASYCUDA-Unity

MilitiaMan and Crew: IRAQ DINAR UPDATE-Exchange rate Stability-Parliament confirms Session-Presidency-ASYCUDA-Unity

4-6-2026

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=QA7VJTUTDkw

Seeds of Wisdom RV and Economics Updates Monday Evening 4-6-26

Good Evening Dinar Recaps,

Oil Volatility, Trade Realignment, and Currency Pressure Signal Accelerating Global Shift

Fresh developments point to tightening energy markets, shifting trade flows, and rising currency tension beneath the global economy

Overview

In the past 24 hours, new signals across energy, trade, and currency markets suggest the global system is entering a more unstable and transitional phase. Oil price volatility is returning, trade routes are adjusting under geopolitical pressure, and currencies are reacting to diverging economic conditions.

Together, these shifts highlight a system moving away from predictability and central coordination toward fragmentation and regional influence—a key hallmark of a potential global financial reset.

Key Developments

1. Oil Prices Swing as Supply Risks Re-Emerge
Energy markets are reacting to renewed uncertainty, with oil prices moving higher amid supply concerns.

• Ongoing tensions impacting key shipping routes and production flows

• Traders pricing in potential disruptions to global supply chains

• Increased volatility across energy-linked assets

Why it matters: Energy remains the foundation of global trade and inflation, and volatility here feeds directly into economic instability and policy challenges.

2. Global Trade Flows Begin to Reroute
New developments show countries adjusting trade partnerships and logistics routes in response to geopolitical risks.

• Increased reliance on regional trade corridors

• Shifts away from traditional globalized supply chains

• Strategic positioning to avoid conflict-affected regions

Why it matters: Trade realignment signals a move toward a multi-polar economic system, reducing reliance on any single region or currency.

3. Currency Markets React to Diverging Economic Paths
Major currencies are showing increased movement as economic conditions and policy expectations diverge globally.

• Dollar strength fluctuating amid rate uncertainty

• Other currencies adjusting based on regional growth and inflation outlooks

• Rising volatility in foreign exchange markets

Why it matters: Currency instability reflects shifting confidence and capital flows, often preceding larger changes in the global monetary system.

Why It Matters

These developments are interconnected and point to structural change rather than short-term disruption:

• Energy volatility driving inflation uncertainty

• Trade fragmentation reshaping global commerce

• Currency movements reflecting shifting power dynamics

• Geopolitics increasingly influencing financial systems

The global economy is transitioning from a highly integrated system to one that is regionally driven and strategically aligned.

Why It Matters to Foreign Currency Holders

• Currency volatility may create repricing opportunities across global markets

• Trade shifts could reduce dependence on traditional reserve currencies

• Energy pricing changes directly impact inflation and purchasing power

• Fragmentation increases the likelihood of alternative settlement systems emerging

Implications for the Global Reset

• Pillar 1: Trade & Energy Realignment

As supply chains shift and energy routes adjust, the system moves toward a more decentralized global structure.

• Pillar 2: Currency System Evolution

Diverging economic paths and currency volatility highlight the transition toward a multi-currency environment.

Closing Perspective

The global system is no longer moving in sync—it is diverging along economic and geopolitical lines.

When energy volatility, trade realignment, and currency pressure occur together, it signals more than instability—it signals transformation.

This is not just market movement — it’s the global financial system reshaping in real time.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Oil prices rise as supply concerns return amid geopolitical tension – Reuters

• Global trade shifts and currency markets react to diverging economic outlooks – CNBC

~~~~~~~~~~

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 Monday Evening 4-6-26

Iraq Among Top Three OPEC+ Producers Under May 2026 Quotas

2026-04-06 Shafaq News- Baghdad   Iraq is set to produce 4.326 million barrels per day in May 2026, ranking third among OPEC+ producers under the alliance’s approved output quotas for the month.

Saudi Arabia is expected to lead with 10.228 million barrels per day, followed by Russia at 9.699 million barrels per day, while the UAE is set to produce 3.447 million barrels per day, Kuwait 2.612 million barrels per day, Kazakhstan 1.589 million barrels per day, Algeria 983,000 barrels per day, and Oman 821,000 barrels per day.

The eight OPEC+ countries —Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman— agreed during a virtual meeting on April 5, to implement a production increase of 206,000 barrels per day in May as part of a gradual adjustment to earlier voluntary cuts.  https://www.shafaq.com/en/Economy/Iraq-among-top-three-OPEC-producers-under-May-2026-quotas

Gold Prices Rise In Baghdad, Stabilize In Erbil Markets

2026-04-Shafaq News- Baghdad/ Erbil   On Monday, gold prices hovered around 1.02 million 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 1,020,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,016,000 IQD. The same gold had sold for 1,018,000 IQD on Sunday.

The selling price for 21-carat Iraqi gold stood at 990,000 IQD, with a buying price of 986,000 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 1,069,000 IQD per mithqal, 21-carat gold at 1,021,000 IQD, and 18-carat gold at 875,000 IQD.   https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-stabilize-in-Erbil-markets-9

Dollar Falls In Baghdad And Erbil

2026-04-06 Shafaq News- Baghdad/ Erbil   The US dollar opened Monday’s trading lower in Iraq, hovering around 155,000 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,600 dinars per 100 dollars, down from the previous session’s 154,800 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 154,700 dinars and buying prices at 154,600 dinars.

https://www.shafaq.com/en/Economy/Dollar-falls-in-Baghdad-and-Erbil-1

Dollar Prices Decrease In Baghdad, Steady In Erbil

2026-04-06 Shafaq News- Baghdad/ Erbil   The US dollar closed Monday’s trading mixed in Iraq, hovering around 155,000 dinars per 100 dollars. According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,550 dinars per 100 dollars, down from the morning session’s 154,600 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,500 dinars and bought it at 154,000 dinars, while in Erbil, selling prices stood at 154,700 dinars and buying prices at 154,600 dinars.

https://www.shafaq.com/en/Economy/Dollar-prices-decrease-in-Baghdad-inch-higher-Erbil

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

Iraq Sends Third Oil Shipment Via Syria, 180 Tankers En Route

2026-04-06 Shafaq News- Damascus   A third shipment of Iraqi fuel oil reached Syria’s Al-Tanf crossing on Monday, with 180 tankers heading toward the Baniyas refinery, a Syrian official told Shafaq News.

Safwan Sheikh Ahmed, director of corporate communications at the Syrian Petroleum Company, said the convoy arrived at 5:00 p.m. local time and is expected to reach Baniyas later today as part of an Iraq-Syria agreement to transport oil overland for export via Mediterranean ports to international markets.

Iraqi lawmaker Ali Shaddad earlier explained to our agency that authorities are working on alternative routes as the US-Israeli war on Iran disrupts traffic through the Strait of Hormuz and reduces output from southern fields, with contingency plans aimed at maintaining export flows despite logistical and security constraints.

https://www.shafaq.com/en/Economy/Iraq-sends-third-oil-shipment-via-Syria-180-tankers-en-route

Iraq's SOMO Urges Faster Crude Loading Schedules After Hormuz Transit Exemption

2026-04-06 Shafaq News- Baghdad   Iraq's State Organization for Marketing of Oil (SOMO) has asked its customers to submit crude oil loading schedules within 24 hours after Iran exempted Iraq from transit restrictions through the Strait of Hormuz.

Iran's Khatam Al-Anbiya, the unified command of the country's military forces, announced the exemption on Saturday, citing the close ties between the two neighbors.

According to a document seen by Reuters, the April 5 request aims to ensure the continuity and stability of crude exports and allow the timely processing of shipping programs, including vessel nominations and contracted volumes in line with agreed terms.

SOMO confirmed in the document that all loading terminals, including Basra Oil Terminal and related facilities, are operating at full capacity, stressing Iraq's readiness to execute all contractual lifting programs without restrictions.

The move is intended to support Iraq's crude exports, which had reached approximately 99.8 million barrels, or around 3.3 million barrels per day, in February before dropping to around 800,000 barrels per day last month due to disruptions at the Strait of Hormuz caused by regional military tensions.

Separately, oil sources said on Sunday that shipments of Basra crude have begun moving to Kirkuk for export via the Kurdistan Region pipeline toward the Turkish port of Ceyhan, in a bid to increase export capacity and offset disruptions at traditional outlets. Exports through this route could reach around 340,000 barrels per day, according to a source at North Oil Company.https://www.shafaq.com/en/Economy/Iraq-s-SOMO-urges-faster-crude-loading-schedules-after-Hormuz-transit-exemption

Jordan Industrial Exports Hit $2.45B In Q1 2026

2026-04-06 Shafaq News- Amman   Jordan’s industrial exports rose 2.9% in the first quarter of 2026, totalling 1.741 billion dinars ($2.45 billion), with Iraq remaining one of the main destinations, the Amman Chamber of Industry reported on Monday.

According to the data shared, Arab markets continued to dominate Jordan’s export landscape, accounting for 869 million dinars ($1.22B). Iraq, alongside Saudi Arabia and Egypt, ranked among the leading importers. By region, North America followed with 228 million dinars ($320M), while non-Arab Asian markets reached 387 million dinars ($544M), and the European Union stood at 129 million dinars ($181M).

Growth extended across eight industrial sectors, led by pharmaceuticals and medical supplies, which climbed 23.9%. In contrast, plastics and rubber posted the slowest increase, edging up just 0.6%.

Not all sectors, however, recorded gains. Exports from engineering, electrical, and information technology industries dropped 35.8%, while leather and garment exports declined 4.2%, reflecting uneven performance across industrial categories.https://www.shafaq.com/en/Economy/Jordan-industrial-exports-hit-2-45B-in-Q1-2026

PetroDollar Is DEAD, Yuan Is REPLACING the Dollar in Oil Trade - The END for U.S. Economic Power

PetroDollar Is DEAD, Yuan Is REPLACING the Dollar in Oil Trade - The END for U.S. Economic Power

Lena Petrova:  4-6-2026

A five-week war involving the United States, Israel, and Iran may be triggering a historic shift in global finance.

Is the petrodollar system collapsing?

As oil trade begins moving toward yuan-based settlements, analysts warn of a rising “petroyuan” era.

This video breaks down how conflict in the Strait of Hormuz, China’s strategy, and shifting global reserves could reshape U.S. dollar dominance—and what it means for the future of global power.

https://www.youtube.com/watch?v=hYjhe3rhvrI

Seeds of Wisdom RV and Economics Updates Monday Afternoon 4-6-26

Good Afternoon Dinar Recaps,

Trump’s $1.5T Defense Surge | War Pressures Reshape U.S. Spending Priorities

Massive military expansion collides with domestic cuts and rising debt concerns

Overview

A sweeping 2027 budget proposal from Donald Trump outlines a historic surge in defense spending to $1.5 trillion, paired with deep cuts to non-defense programs. The plan reflects a major strategic pivot toward military strength as global tensions rise—particularly amid conflict with Iran and instability in the Strait of Hormuz.

At the same time, the proposal highlights mounting fiscal strain, with U.S. debt surpassing $39 trillion and deficits projected to widen, setting up a high-stakes clash between national security priorities and economic sustainability.

Key Developments

1. Defense Spending Jumps to Historic Levels

The proposal increases military funding from roughly $1 trillion to $1.5 trillion, marking one of the largest peacetime expansions in U.S. history. Funding includes troop pay raises, shipbuilding expansion, and advanced missile defense systems, alongside ongoing war-related costs tied to Iran.

2. Deep Cuts to Domestic Programs

A 10% reduction in non-defense discretionary spending targets agencies across health, environmental protection, agriculture, and scientific research. Even NASA faces potential reductions, signaling a clear reprioritization of federal resources.

3. Deficit and Debt Pressures Intensify

With national debt already exceeding $39 trillion, critics warn the plan relies on optimistic economic assumptions. Structural drivers like Social Security and Medicare remain untouched, leaving long-term fiscal imbalances unresolved.

4. Political Showdown in Congress Looms

The proposal sets up a contentious battle in Congress, with Democrats opposing cuts to social programs and some Republicans raising concerns about deficit expansion. Significant revisions are expected during negotiations.

Why It Matters

This proposal underscores a fundamental shift toward defense-first economic policy, signaling that geopolitical instability is now driving fiscal decisions at the highest level.

At the same time, cutting domestic investment while expanding military spending raises concerns about long-term economic resilience, infrastructure, and social stability. The growing deficit further complicates the outlook, potentially limiting future crisis response options.

Why It Matters to Foreign Currency Holders

• Rising deficits and debt expansion could weaken long-term confidence in the U.S. dollar

• Increased military spending may contribute to inflationary pressures

• Global markets may accelerate diversification away from dollar dependency

• Signals a shift toward hard-power economics influencing currency flows

Implications for the Global Reset

• Pillar 1: Monetary System Stress

The combination of exploding defense budgets and unchecked deficits adds pressure to an already strained system, potentially accelerating de-dollarization trends.

• Pillar 2: Geopolitical Realignment

The emphasis on military expansion reinforces a world moving toward regional blocs and strategic competition, where economic policy is tied to security priorities.

Analysis

This proposal highlights a classic “guns vs. butter” dilemma, where security spending takes precedence over domestic investment. While framed as necessary for deterrence, the trade-offs are significant.

Short-term, the plan may strengthen military readiness and global positioning.
Long-term, it risks deepening inequality, expanding debt burdens, and reducing economic flexibility.

Avoiding entitlement reform further complicates the outlook, suggesting true fiscal balance remains politically out of reach.

Ultimately, this is more than a budget—it is a strategic declaration that the U.S. is preparing for a prolonged period of global tension, even at rising economic cost.

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

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• “Trump Unveils $1.5 Trillion Defense Plan Amid War Pressures” — Modern Diplomacy

• “The Budget and Economic Outlook: 2026–2036” — Congressional Budget Office

~~~~~~~~~~

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

Scott Bessent Says ‘Very Large Refunds’ Are Coming

Scott Bessent Says ‘Very Large Refunds’ Are Coming, With $150B Heading Into American Accounts. Do this with yours now

Jing Pan    Sun, April 5, 2026   Moneywise

Working Americans will soon see a sizable financial boost in the form of a tax refund — and not a moment too soon, as economists are predicting higher inflation rates this year due to the impact of the war in Iran on energy prices (1).

Thanks to changes tied to President Donald Trump’s One Big Beautiful Bill Act, up to $100 billion in tax refunds could hit bank accounts in the first quarter of 2026 (2).

Treasury Secretary Scott Bessent stated in December 2025: “The bill was passed in July. Working Americans didn’t change their withholding, so they’re going to be getting very large refunds in the first quarter. So I think we’re going to see $100 to $150 billion of refunds, which could be between $1,000 and $2,000 per household (3).”

After that, once withholding levels adjust, workers could see what he described as a “real increase” in their wages.

For many households, that raises an immediate question: What’s the smartest way to use a sudden cash infusion?

Whether you’re thinking about shoring up your finances, preparing for uncertainty or putting that extra money to work, here are a few ways Americans may consider investing their potential windfall.

How much can you expect to get back? And what to do with it?

According to data released by the IRS on March 6, 2026 (4), early filers are already seeing a boost over last year. Of the 60.7 million individual returns received by that date, the average payouts are $3,676, up from $3,324 last year (5).

And while it may be tempting to spend the windfall, especially as prices continue to rise, stashing the cash in an emergency fund can be one of the best ways to use your refund.

“When you’re broke, your life looks like a country song,” veteran financial guru Dave Ramsey says (6). “An emergency fund turns a crisis into an inconvenience.”

However, it’s important to put your emergency fund in an account where it can grow, so that inflation doesn’t eat away at the value of your savings.

To Continue and Read More: https://www.yahoo.com/finance/economy/policy/articles/scott-bessent-says-very-large-104100775.html

Seeds of Wisdom RV and Economics Updates Monday Morning 4-6-26

Good Morning Dinar Recaps,

Dollar Surges as Gold Retreats: Safe Haven Dynamics Begin to Shift

Strong U.S. Data and Rising Yields Reshape Global Capital Flows

Overview

• Gold pulled back sharply after recent highs, despite geopolitical tensions

• U.S. dollar strengthened on solid economic data

• Rising oil prices fueling inflation concerns

• Investor behavior shifting toward liquidity and yield

Key Developments

1. Gold drops despite geopolitical escalation
Gold initially surged during rising tensions in the Middle East, briefly reaching elevated levels before reversing sharply.

• Prices fell nearly 15% from recent highs

• Dropped from around $5,400 to near $4,600

• Investors rotated out of gold into cash and dollar-based assets

This suggests a shift in traditional safe-haven behavior

2. Strong U.S. jobs data boosts the dollar
A stronger-than-expected U.S. labor report changed market direction quickly:

• 178,000 jobs added in March (well above expectations)

• Unemployment at ~4.3%

• Reinforced perception of economic resilience

A stronger economy is supporting the dollar and delaying rate cuts

3. Rising yields weaken gold’s appeal
As the dollar strengthened, Treasury yields moved higher, creating pressure on gold:

• Gold offers no yield, making it less attractive

• Higher yields pull capital toward interest-bearing assets

• Markets anticipate continued tight monetary conditions

This creates a structural disadvantage for gold in the current cycle

4. Oil-driven inflation complicates central bank policy
Energy markets are adding another layer of pressure:

• Oil trading between $111–$115 per barrel

• Inflation risks rising again due to energy costs

• Central banks face limited flexibility to cut rates

Inflation + strong data = prolonged higher rates environment

5. Currency power takes priority over traditional hedges
A deeper shift may be unfolding in global finance:

• Investors favor liquidity, speed, and dollar dominance

• Gold’s role as a primary crisis hedge is being challenged

• Discussions emerging حول currency competition (dollar vs yuan systems)

The system is prioritizing monetary power over static stores of value

Why It Matters

• Gold failing to hold gains during crisis is a notable shift

• Dollar strength reinforces U.S. financial dominance

• Rising yields and inflation are reshaping asset allocation

This reflects a change in how markets respond to stress

Why It Matters to Foreign Currency Holders

• Dollar strength can pressure other currencies short term

• Gold’s volatility challenges traditional hedging strategies

• Global capital flows increasingly favor liquidity over stability

Currency positioning is becoming more dynamic and reactive

Implications for the Global Reset

• Pillar 1: Dollar Dominance Still Intact

• Strong economic data and yields continue to support the dollar

• Global system still leans on dollar liquidity in times of stress

• Pillar 2: Changing Role of Safe-Haven Assets

• Gold no longer reacting as expected in crisis scenarios

• Markets shifting toward yield-bearing and liquid instruments

This suggests a transition phase—not a completed shift

Closing Perspective

Gold’s pullback during a time of heightened geopolitical tension is a signal worth watching.

The dollar’s strength, backed by economic data and yields, is currently outweighing traditional safe-haven flows.

This is not the end of gold—but it may mark a change in how and when it leads.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Cointribune — Gold Loses Ground to the Rise of the Dollar

• Reuters — Dollar strengthens after strong U.S. jobs data as yields rise

~~~~~~~~~~ 

 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 Monday Morning 4-6-26

Iraq Will Be The Fifth Largest Arab Economy In 2026, With Expectations Of Continued Growth Until 2030.

Money and Business   Economy News - Follow-up    The International Monetary Fund announced on Monday that Iraq ranked fifth among Arab countries in terms of the largest economies for 2026, according to GDP data based on purchasing power parity (PPP).   The Fund stated in its report that Iraq recorded a gross domestic product of $739.13 billion, ranking 44th globally.

In the Arab world, Saudi Arabia topped the list, followed by Egypt in second place, then the United Arab Emirates in third, Algeria in fourth, and Iraq in fifth.

Globally, China came in first with a GDP of $43.5 trillion, followed by the United States with $31.8 trillion, and then India in third place with $19.1 trillion.

The report indicated that Iraq’s nominal GDP reached $273.91 billion, with real growth of 3.6%, while per capita GDP (PPP) reached about $15,850 annually, coinciding with the population reaching 46.64 million people.

Regarding financial indicators, the Fund explained that the annual inflation rate stabilized at 2.5%, while net government lending/borrowing recorded a rate of -7.1%, and the current account deficit reached about 1.1%.

The report concluded by emphasizing expectations that the Iraqi economy will continue to grow in the coming years, up to 2030.    https://www.economy-news.net/content.php?id=67566

Global Anticipation: Inflation, Oil, And Corporate Earnings Will Shape Markets This Week.

Money and Business  Investors are focused this week on US inflation and spending data, amid escalating tensions in Iran and their direct impact on oil prices.

Despite the volatility, the S&P 500 and Nasdaq Composite indices posted weekly gains, while the Dow Jones remained relatively stable.

Key data releases are expected, most notably the Consumer Price Index and personal spending figures, along with results from major companies such as Delta Air Lines, which will reflect the impact of rising fuel prices on the aviation sector.

In contrast, oil prices remain the most sensitive factor, especially with the continued tensions in the Strait of Hormuz, increasing fears of a new wave of inflation and turmoil in global markets.   Https://Www.Economy-News.Net/Content.Php?Id=67553

Iraq's SOMO Urges Faster Crude Loading Schedules After Hormuz Transit Exemption

2026-04-  Shafaq News- Baghdad   Iraq's State Organization for Marketing of Oil (SOMO) has asked its customers to submit crude oil loading schedules within 24 hours after Iran exempted Iraq from transit restrictions through the Strait of Hormuz.

Iran's Khatam Al-Anbiya, the unified command of the country's military forces, announced the exemption on Saturday, citing the close ties between the two neighbors.

According to a document seen by Reuters, the April 5 request aims to ensure the continuity and stability of crude exports and allow the timely processing of shipping programs, including vessel nominations and contracted volumes in line with agreed terms.

SOMO confirmed in the document that all loading terminals, including Basra Oil Terminal and related facilities, are operating at full capacity, stressing Iraq's readiness to execute all contractual lifting programs without restrictions.

The move is intended to support Iraq's crude exports, which had reached approximately 99.8 million barrels, or around 3.3 million barrels per day, in February before dropping to around 800,000 barrels per day last month due to disruptions at the Strait of Hormuz caused by regional military tensions.

Separately, oil sources said on Sunday that shipments of Basra crude have begun moving to Kirkuk for export via the Kurdistan Region pipeline toward the Turkish port of Ceyhan, in a bid to increase export capacity and offset disruptions at traditional outlets. Exports through this route could reach around 340,000 barrels per day, according to a source at North Oil Company.   https://www.shafaq.com/en/Economy/Iraq-s-SOMO-urges-faster-crude-loading-schedules-after-Hormuz-transit-exemption

Baghdad International Airport's US Logistics Support Center Targeted

2026-04-06 Shafaq News- Baghdad   An unidentified attack targeted the US logistics support center at Baghdad International Airport on Sunday, a security source told Shafaq News.

The strike hit the perimeter of the base, according to the source, who said it remains unclear whether a missile or a drone carried out the attack.

No casualties were reported, and no group has claimed responsibility as of the time of publication.

Read more: Multiple actors, one battlefield: Iraq since the US-Israel-Iran war began

https://www.shafaq.com/en/Security/Baghdad-International-Airport-s-US-logistics-support-center-targeted

Drone crashes in Iraq’s Basra province

2026-04-06 Shafaq News- Basra   A drone crashed on Monday in Al-Faw district, southern Iraq’s Basra province, without causing casualties or damage, a security source told Shafaq News.

Security forces have opened an investigation to determine the circumstances surrounding the crash.

https://www.shafaq.com/en/Security/Drone-crashes-in-Iraq-s-Basra-province

Oil Surges As US-Israeli War On Iran Pressures Supply

2026-04-06 Shafaq News  Oil prices were little changed in choppy trade on Monday, as ‌investors awaited clarity on the status of talks between the U.S. and Iran even as they remained wary about sustained supply losses due to shipping disruptions.

Brent crude futures rose 73 cents, or 0.7%, to $109.76 a barrel at 0338 GMT. U.S. West Texas Intermediate crude futures were trading ​26 cents lower, or 0.2%, at $111.28 per barrel.

The pricing moves in Asia trading on Monday were dwarfed by ​an 11% surge for WTI and an 8% rise for Brent during the previous trading session ⁠on Thursday, the biggest absolute price increase since 2020.

On Sunday, Trump ratcheted up pressure on Tehran, threatening in an expletive-laden ​Easter Sunday social media post to target Iran's power plants and bridges on Tuesday if the strategic Strait of Hormuz is ​not reopened. Still, prices were largely unchanged on Monday.

The U.S., Iran and a group of regional mediators are discussing the terms for a potential 45-day ceasefire that could lead to a permanent end to the war, Axios reported on Sunday, citing four U.S., Israeli and regional sources.

The ​Strait of Hormuz, which carries oil and petroleum products from Iraq, Saudi Arabia, Qatar, Kuwait and the United Arab Emirates, ​remains largely closed due to Iranian attacks on shipping after the war began on February 28.

"Not being able to open the strait of ‌Hormuz ⁠is becoming more a question of political victory," said Mukesh Sahdev, founder and CEO at consultancy XAnalysts.

Because of the Middle East supply disruptions, refiners are seeking alternative sources for crude, particularly for physical cargoes in the U.S. and Britain's North Sea.

Still, some vessels, including an Omani-operated tanker, a French-owned container ship and a Japanese-owned gas carrier, have passed through the Strait of Hormuz since ​Thursday, shipping data showed, reflecting Iran's ​policy to allow passage for ⁠vessels from countries it deems friendly.

The war threatens to linger on as Iran has officially told mediators it is not prepared to meet with U.S. officials in Islamabad in the ​coming days and efforts to produce a ceasefire have reached a dead end, The Wall ​Street Journal reported on ⁠Friday.

On Sunday, OPEC+, consisting of some members of the Organization of the Petroleum Exporting Countries and allies such as Russia, agreed to a modest rise of 206,000 barrels per day for May.

However, that decision will largely exist on paper as several of the group's ⁠key producers ​are unable to raise output due to the war.

Russian supply has been ​disrupted recently by Ukrainian drone attacks on its Baltic Sea export terminal. Media reports on Sunday said its Ust-Luga terminal resumed loadings on Saturday after days ​of disruptions.    (REUTERS)

https://www.shafaq.com/en/Economy/Oil-surges-as-US-Israeli-war-on-Iran-pressures-supply

Iraq Ships 6.4M Crude Barrels To US In March

2026-04-  Shafaq News- Baghdad/ Washington   Iraq, OPEC’s second-largest oil producer, exported more than 6 million barrels of crude to the United States in March 2026, ranking fifth among top suppliers, according to data from the US Energy Information Administration (EIA).

Total exports reached 6.448 million barrels last month, down from 6.944 million barrels in February. Weekly shipments averaged 309,000 barrels per day (bpd) in the first week, 113,000 bpd in the second, 270,000 bpd in the third, and 140,000 bpd in the fourth.

Canada remained the leading exporter to the US, followed by Saudi Arabia, Mexico, and Venezuela.

Among Arab countries, Iraq ranked second after Saudi Arabia, which exported 18.424 million barrels, while Libya trailed with 28,000 barrels.  https://www.shafaq.com/en/Economy/Iraq-ships-6-4M-crude-barrels-to-US-in-March

Seeds of Wisdom RV and Economics Updates Late Sunday Evening 4-5-26

Good Afternoon Dinar Recaps,

Central Banks Pause, Credit Stress Builds, and Bond Yields Climb in Fragile Global Shift

A synchronized “wait-and-watch” moment across global finance signals deeper structural pressure beneath the surface

Overview

In the last 24 hours, multiple developments point to a global financial system entering a holding pattern under stress. Central banks are pausing, credit markets are showing cracks, and bond yields are rising despite uncertainty.

This combination reflects a system caught between inflation that won’t fully retreat and growth that is beginning to slow—a classic late-cycle dynamic with direct implications for a global financial reset.

Key Developments

1. Central Banks Globally Shift to a “Hold” Strategy
Most central banks are pausing rate decisions, choosing caution amid geopolitical and inflation uncertainty.

• Majority of major economies are holding interest rates steady

• Policymakers face conflicting pressures: inflation vs. slowing growth

• Limited room for independent policy as global conditions tighten

Why it matters: A synchronized pause signals that monetary policy is reaching its limits, reducing the ability to stabilize future shocks.

2. Bond Yields Rise Despite Economic Uncertainty
U.S. Treasury yields are moving higher following economic data and global instability, reflecting tightening financial conditions.

• 10-year yields climbing as markets price in higher-for-longer rates

• Stronger jobs data colliding with inflation and geopolitical risks

• Markets now expecting fewer rate cuts than previously anticipated

Why it matters: Rising yields increase borrowing costs globally, pressuring governments, corporations, and consumers simultaneously.

3. Private Credit Markets Face Growing Pressure
Concerns are building around liquidity, transparency, and loan quality in private credit markets.

• Investor unease rising due to opaque lending structures

• Early stress appearing in select high-risk deals

• Shift back toward traditional banks seen as safer

Why it matters: Private credit has become a major pillar of global lending, and any instability here could tighten capital access quickly.

Why It Matters

These developments are interconnected and signal system-wide transition:

• Monetary policy tools are becoming less effective

• Debt costs are rising across the global system

• Alternative credit systems are showing vulnerability

• Financial conditions tightening without central bank action

This is a shift from a system driven by policy support to one increasingly shaped by market forces and structural constraints.

Why It Matters to Foreign Currency Holders

• Rising yields can temporarily support the dollar, but increase long-term debt sustainability risks

• Central bank hesitation signals reduced control over economic outcomes

• Credit stress may trigger capital flow shifts across currencies

• Fragmentation increases the likelihood of multi-currency settlement systems emerging

Implications for the Global Reset

• Pillar 1: Policy Constraint & Debt Pressure

Central banks pausing while yields rise highlights a system where debt levels limit policy flexibility.

• Pillar 2: Credit System Repricing

Stress in private credit signals a broader repricing of risk across global lending markets.

Closing Perspective

The system is no longer being actively steered—it is being managed cautiously under pressure.

When central banks pause, yields rise, and credit stress builds simultaneously, it signals a transition from control to containment.

This is not just policy hesitation — it’s a sign the financial system is adjusting to a new reality.

Sources

• "Global central banks mostly hold as war muddies economic outlook" – Reuters

• "Bond yields rise after strong March jobs report amid global uncertainty" – Wall Street Journal

~~~~~~~~~~

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

Some “Iraqi News” Posted by Tishwash at TNT 4-6-2026

TNT:

Tishwash:  A source reassures Baghdad residents: The sounds heard were caused by fireworks celebrating the national team's victory.

 A security source reassured residents of the capital, Baghdad, on Sunday (April 5, 2026), after news circulated about explosions in a number of areas, confirming that the sounds that were heard were just fireworks launched in celebration of the Iraqi national team's victory.

The source told Baghdad Today that "the fireworks were launched from the vicinity of Mall of Iraq due to a special event to honor the national team after its recent victory," stressing that "there were no explosions or security incidents inside the capital."

He added that "the security forces conducted routine sweeps to ascertain the situation, and it was found that there was no threat," calling on citizens "not to spread rumors and to rely on official statements."  link

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

Tishwash:  What will happen to Iraq's oil revenues in Washington? An expert responds.

The United States has effectively controlled Iraqi oil revenues in dollars since 2003, giving Washington exceptional leverage to interfere in Baghdad’s affairs through the US Federal Reserve {the US Central Bank}.

At a time when concerns are rising about the impact of tensions and war in the region on the mechanism of financial transfers, and the possibility of this affecting the flow of oil revenues to Iraq.

In this context, oil expert Hamza Al-Jawahiri explained to Al-Furat News Agency that: “Iraq’s entitlements with the US Federal Reserve are fixed,” noting that “there are no sanctions imposed on Iraq as happened with Russia or Iran.”

Al-Jawahiri added, "Iraq is a friendly country to the United States and has security agreements with it, which means there will be no interruption in the transfer of Iraqi funds."  link

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

Tishwash: Monday... the start of negotiations between the Kurdistan economic delegation and Taif Sami

 On Monday (April 6, 2026), Wafa Mohammed, a member of the Kurdistan Democratic Party, revealed that an economic delegation from the Kurdistan Region had begun its official negotiations in Baghdad with Federal Finance Minister Taif Sami to resolve issues related to oil and customs between the two sides.

Wafa Mohammed told Baghdad Today that "the delegation, which arrived in Baghdad headed by Omid Sabah and including Amanj Rahim and Abdul Hakim Mustafa, will hold a series of meetings today with Finance Minister Taif Sami and the relevant customs committees, as part of efforts to close a number of outstanding financial files between the central government and the region."

Mohammed explained that "the agenda of the negotiations focuses on unifying the customs system, in addition to the files of Kurdistan's oil, its export mechanisms, and the settlement of revenues," noting that "the discussions will also address the amount of 120 billion dinars allocated to the region, which it was unable to pay in full last month, only transferring 60 billion dinars, which necessitates direct coordination with the Federal Ministry of Finance."

Wafa Mohammed confirmed that "the meetings will also address the issue of lifting restrictions and sanctions on the dollar," explaining that "the region's share of the US currency has not yet arrived, and the Kurdish team is seeking to reach practical solutions during tomorrow's meetings in order to end the financial and administrative problems between Baghdad and Erbil."

According to what was published by “Baghdad Today” earlier, an informed source stated that “a high-level delegation from the Kurdistan Regional Government is heading to the capital, Baghdad, to discuss the ASYCUDA system file with the relevant authorities in the federal government.”

Media outlets close to the Kurdistan Democratic Party, as reported by Baghdad Today, stated that "the talks will focus on the mechanism for implementing the system for managing and regulating border crossings and customs operations between the region and Baghdad."

ASYCUDA is an automated customs management system, designed by the United Nations Conference on Trade and Development (UNCTAD), that aims to automate customs procedures, data recording, duty calculation, and facilitate foreign trade through a unified database. In Iraq, its implementation has led to a reduction in manipulation and smuggling, and improved duty control. link

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

Tishwash:  First Iraqi oil tanker makes its way through the Strait of Hormuz

Bloomberg reported on Sunday that the first Iraqi oil tanker had crossed the Strait of Hormuz, following Iran's announcement that it had granted Iraq a special exemption allowing it to use the waterway despite restrictions imposed on most countries.

According to ship tracking data, the "Ocean Thunder, a Suezmax tanker, loaded its cargo from Basra ports at the beginning of March and is currently heading to Malaysia. This type of tanker has a capacity of about one million barrels of crude oil."

The data showed that "the tanker followed a narrow northern corridor between the Iranian islands of Larak and Qeshm, a route that recent movements indicate is being carried out with the supervision and approval of Tehran."

However, Bloomberg cautioned that "tracking data may not be entirely accurate, due to the possibility of electronic jamming or the shutdown of transmitters in high-risk areas."

This development comes at a time when oil traders are closely monitoring shipping traffic in the strait, which was effectively closed following the US-Israeli strikes on Iran on February 28, causing a rise in oil and petroleum product prices, amid fears of wider economic repercussions.

Iran announced on Saturday that Iraq was exempt from the restrictions imposed on navigation in the Strait of Hormuz, stressing that the measures targeted only "hostile countries," while emphasizing respect for Iraqi sovereignty.

For his part, Iraqi Foreign Minister Fuad Hussein expressed Baghdad’s gratitude to Tehran for this step, stressing the importance of continued cooperation to ensure the smooth flow of oil exports in light of regional tensions.

Iraq is among the countries most affected by the closure of the strait, as its oil production has declined from about 3.5 million barrels per day to about 1.3 million barrels, while exports have decreased to about 800,000 barrels per day due to the disruption of shipping.  link

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

Tishwash:  The Foreign Minister thanks Iran for exempting Iraq from the conditions for its oil tankers to pass through the Strait of Hormuz.

Foreign Minister Fuad Hussein expressed his gratitude to Iran for allowing Iraqi oil tankers to pass through the Strait of Hormuz.

A statement from the Ministry of Foreign Affairs, a copy of which was received by Iraq Observer, said: Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received the Iranian Ambassador to Iraq, Mohammad Kazem Al-Sadegh. During the meeting, the Minister expressed his gratitude for allowing the passage of tankers carrying Iraqi oil through the Strait of Hormuz, noting the importance of continuing this cooperation in the near future.

Mechanisms for joint cooperation between the two sides were also discussed to ensure the implementation of this commitment in a way that serves mutual interests.

For his part, the Iranian ambassador reviewed his country’s position on the latest developments related to the war, while the meeting also addressed regional conditions and their repercussions.

Hussein emphasized Iraq’s firm policy of rejecting war and the need to end it, stressing the importance of resolving conflicts through dialogue and peaceful negotiations.

He also pointed out that the region needs to adopt an approach based on open and rational dialogue, which will enhance opportunities for cooperation between regional countries and achieve common stability.  link

Seeds of Wisdom RV and Economics Updates Sunday Morning 4-5-26

Happy Easter Dinar Recaps,

De-Dollarization Accelerates as BRICS Yuan Oil Trade Challenges the Petrodollar

Global energy markets begin shifting settlement power away from the U.S. dollar

Overview (Key Points)

• BRICS nations are accelerating de-dollarization through real-world oil transactions

• India and Iran are leading a shift to yuan-based energy trade

• Alternative payment systems are scaling rapidly, bypassing traditional dollar channels

• The petrodollar system is facing tangible pressure, not just theoretical debate

Key Developments

1. India Expands Yuan-Based Oil Purchases

• In March 2026, Indian refiners purchased ~60 million barrels of Russian crude

• A significant portion was settled in Chinese yuan, bypassing the U.S. dollar

• Indian Oil Corporation executed direct yuan payments, eliminating conversion steps

• This marks one of the largest single-month moves toward non-dollar oil settlement

2. Iran Pushes Yuan Through the Strait of Hormuz

• Iran is encouraging oil tankers to trade cargo in yuan through the Strait of Hormuz

• The strait handles roughly 20% of global oil flow, making this move highly strategic

• Tolls near $2 million per voyage are being tied to yuan-based transactions

• Legislation is underway to formalize this policy, reinforcing long-term intent

3. BRICS Payment Infrastructure Gains Momentum

• The mBridge CBDC platform has processed ~RMB 387.2 billion (~$55B)

• 95% of transactions are conducted in digital yuan, signaling strong adoption

• China’s CIPS system processed ~$245 trillion in yuan transactions in 2025

• Central banks continue heavy gold accumulation (1,000+ metric tons annually)

• The dollar’s share of global reserves has declined from 71% to 56.3% since 2008

4. Global Sentiment Shifts Against Dollar Dependence

• Russian President Vladimir Putin stated:
  ‍ ‍“The US has weaponized the dollar.”

• Chatham House analyst David Lubin noted:
  ‍ ‍Rising concern over dollar weaponization is driving countries to diversify

• This perception is becoming a core driver behind de-dollarization efforts globally

Why It Matters

The shift is no longer theoretical.
Real barrels of oil are now being traded outside the dollar system.

• Energy markets are historically the backbone of dollar dominance

• Moving oil trade into yuan and local currencies directly challenges that foundation

• Payment infrastructure like CIPS and mBridge reduces reliance on Western systems

This represents a structural shift in how global trade is settled

Why It Matters to Foreign Currency Holders

• A multi-currency world increases the importance of currency diversification

• The U.S. dollar may remain dominant, but its monopoly is weakening

• Yuan, regional currencies, and commodities (like gold) gain relevance

• Currency holders should watch:

  • Energy trade settlement trends

  • Central bank reserve shifts

  • Expansion of BRICS financial systems

This is how value begins redistributing across currencies globally

Implications for the Global Reset

• Pillar 1: Monetary System Transition

• The system is evolving toward a multi-polar currency structure

• The dollar, euro, and yuan may emerge as regional anchors of influence

• Pillar 2: Infrastructure Before Currency Shift

• Systems like mBridge and CIPS are laying the groundwork first

• This confirms that payment rails change before reserve status does

The reset is not a single event—it is a phased restructuring already underway

Closing Insight

The dollar still dominates global finance—for now.
But energy trade is the front line, and that front line is shifting.

When oil moves, the system moves.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Watcher Guru — “De-Dollarization Speeds Up as BRICS Yuan Deals Hit Petrodollar”

• ING 

• Chatham House (Referenced Analysis & Data)

• BIS

~~~~~~~~~~ 

  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