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Seeds of Wisdom RV and Economics Updates Monday Afternoon 4-20-26
Good Afternoon Dinar Recaps,
U.S. Policy Shock & Energy Uncertainty Collide — New Pressure on Global Financial Stability
Regulatory battles, energy shifts, and market reactions are adding fresh strain to an already fragile system.
Good Afternoon Dinar Recaps,
U.S. Policy Shock & Energy Uncertainty Collide — New Pressure on Global Financial Stability
Regulatory battles, energy shifts, and market reactions are adding fresh strain to an already fragile system.
Overview
A significant U.S. Senate vote combined with ongoing global energy instability is reinforcing growing uncertainty across financial markets. While the move appears targeted, the broader implications point to policy fragmentation, shifting energy strategies, and increasing unpredictability in economic direction—all of which are key ingredients in long-term structural change.
Key Developments
1. Senate Blocks California Emissions Authority
The Senate voted 51–44 to overturn a federal waiver that allowed California to enforce stricter vehicle emissions rules and phase out gas-powered cars. This action directly impacts multiple states that follow California’s standards and signals a shift in federal regulatory direction. California has already announced plans to challenge the move in court, setting up a prolonged legal battle.
2. Energy Policy Uncertainty Expands
By halting aggressive emissions mandates, the vote introduces greater uncertainty into the energy transition timeline. Automakers and investors now face a less predictable regulatory environment, while oil and gas demand may remain more resilient than previously expected.
3. Markets React to Policy Fragmentation
The clash between federal authority and state policy highlights deepening political and regulatory divisions. Markets tend to favor stability, and increasing fragmentation can lead to hesitation in long-term investment decisions, particularly in energy and infrastructure sectors.
4. Broader System Stress Signals Continue
This development comes as global markets are already dealing with bond market pressure, persistent inflation concerns, and geopolitical energy risks. The addition of regulatory instability compounds these pressures, contributing to a more fragile financial environment overall.
Why It Matters
Policy inconsistency increases uncertainty for global investors
Energy transition delays can prolong inflation pressures
Legal battles create long-term regulatory instability
Fragmentation weakens coordinated economic strategy
These factors do not trigger immediate systemic change but add to the cumulative stress building within the global financial system.
Why It Matters to Foreign Currency Holders
Currency volatility may rise as policy direction becomes less predictable
Countries tied to energy exports may benefit from prolonged demand
Investment flows could shift as regulatory clarity weakens
Confidence in long-term planning may decline, impacting global capital allocation
Implications for the Global Reset
Pillar 1: Policy Fragmentation
The growing divide between federal and state authority reflects a less unified economic strategy, which can weaken confidence in long-term stability.
Pillar 2: Energy Market Rebalancing
Delays in energy transition efforts reinforce the role of traditional energy sources, reshaping global demand patterns and influencing financial flows.
This is not a reset event — but it is another signal that the system is becoming more fragmented, less predictable, and increasingly pressured from multiple directions.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Reuters — "U.S. Senate votes to block California 2035 electric vehicle rules"
CalMatters — "California electric car mandate faces rollback after Senate vote"
~~~~~~~~~~
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Thank you Dinar Recaps
Iraq Economic News And Points To Ponder Monday Afternoon 4-20-26
Federal Reserve Chairman Candidate Kevin Warsh: Monetary Policy Must Remain Independent
Arabic and international Kevin Warsh, the nominee for chairman of the U.S. Federal Reserve, said on Monday, April 20, that the central bank should have significant independence from political influences, while remaining focused on its core objectives. In remarks to be made Tuesday before the Senate Banking Committee, Warsh expressed his unwavering commitment to fighting inflation, with only one reference to the labor market. The former Federal Reserve governor said: "Quite simply, the independence of the Federal Reserve depends heavily on it."
Federal Reserve Chairman Candidate Kevin Warsh: Monetary Policy Must Remain Independent
Arabic and international Kevin Warsh, the nominee for chairman of the U.S. Federal Reserve, said on Monday, April 20, that the central bank should have significant independence from political influences, while remaining focused on its core objectives. In remarks to be made Tuesday before the Senate Banking Committee, Warsh expressed his unwavering commitment to fighting inflation, with only one reference to the labor market. The former Federal Reserve governor said: "Quite simply, the independence of the Federal Reserve depends heavily on it."
He added: "The Federal Reserve must adhere to the scope of its jurisdiction. Its independence is most at risk when it intervenes in fiscal and social policies over which it has no authority or expertise."
President Donald Trump announced in late January that Warsh would be his choice to succeed current President Jerome Powell.
Since the start of the appointment process, questions have been raised about the ability of Warsh, or any other Trump nominee, to withstand repeated pressure from Trump and other White House officials to lower interest rates.
While Warsh spoke about the importance of political independence, he laid down several conditions.
He said: "I don't think the operational independence of monetary policy is particularly threatened when elected officials, presidents, senators, or members of the House of Representatives, express their views on interest rates."https://www.economy-news.net/content.php?id=68134
Parliament Affirms Its Commitment To Strengthening The Partnership With China.
Money and Business Economy News — Baghdad The First Deputy Speaker of the House of Representatives, Adnan Faihan Al-Dulaimi, affirmed on Sunday the readiness of Parliament to strengthen the partnership with China and activate the development road project.
A statement from his media office, received by “Al-Eqtisad News”, stated that “the First Deputy Speaker of the House of Representatives, Adnan Faihan Al-Dulaimi, received today, Sunday, the Ambassador of the People’s Republic of China to Iraq, Sui Wei, to discuss ways to enhance strategic cooperation between the two friendly countries, and to activate parliamentary communication channels, in addition to discussing the latest local, regional and international developments, and their implications for the paths of joint cooperation.”
According to the statement, Faihan emphasized "the House of Representatives' keenness to develop frameworks for bilateral partnership, in a way that enhances mutual interests and serves the aspirations of the two friendly peoples," noting "the importance of benefiting from advanced Chinese expertise in various sectors to support the development process in Iraq."
He stressed "the need to activate bilateral agreements, and to give the development road project strategic priority, while providing an attractive investment environment that allows reputable Chinese companies to contribute effectively to the development of the service and economic sectors."https://www.economy-news.net/content.php?id=68072
Iraqi Trade Ministry Announces Plan To Develop Non-Oil Exports
Money and Business Economy News — Baghdad Minister of Trade Atheer Dawood Al-Ghurairi affirmed that the ministry is proceeding with the implementation of its programs aimed at developing non-oil exports and expanding the base of local production by activating the role of the Export Support Fund, describing the fund as one of the main pillars in supporting the economy and enhancing the ability of Iraqi products to compete in global markets.
The minister explained that the Export Support Fund's vision focuses on diversifying income sources, enhancing local production, and creating job opportunities that contribute to achieving sustainable economic growth.
He added that the fund provides comprehensive financial and technical support to Iraqi companies and factories, in addition to facilitating their participation in international exhibitions by bearing part of the participation costs, which contributes to opening new markets and finding commercial partners, as well as promoting the national product through the issuance of introductory guides for Iraqi exports for the years 2023, 2024 and 2025. https://www.economy-news.net/content.php?id=68073
Reopening Of The Rabia Border Crossing With Syria
Money and Business Economy News – Baghdad The Director General of the Iraqi Border Ports Authority, Omar Al-Waeli, announced on Monday the opening of the Rabia border crossing with Syria, stressing that it represents an important economic and humanitarian transformation for Nineveh Governorate and Iraq.
Al-Waeli said that the crossing is an important passage within the development road project, and it would support trade and enhance connectivity between Iraq and its regional surroundings.
He added that the opening of the port will contribute to employing thousands of workers and will support the government's efforts to develop the areas west of Nineveh.
He pointed out that the crossing also has a humanitarian dimension, given the presence of interconnected tribes on both sides of the Iraqi and Syrian borders, bound by close social ties.
The Rabia border crossing, located west of Nineveh Governorate, is one of the important land crossings between Iraq and Syria, as it connects Iraqi territory with the Al-Yarubiyah crossing on the Syrian side, giving it commercial and logistical importance in the movement of goods and passengers between the two countries.
The crossing was reopened for trade after years of closure due to security conditions, forming a vital corridor to support economic activity and stimulate import and export between Baghdad and Damascus.
https://www.economy-news.net/content.php?id=68122
Iraqi Airways Will Begin Operating Flights Between Baghdad And Delhi On This Date.
Money and Business Economy News – Baghdad The airline announced today, Monday, that it will activate the "Baghdad - Delhi - Baghdad" route within its flight schedule starting next Sunday.
Iraqi Airways said in a press statement today that customers can easily book through official offices or via the online booking website.
Iraqi Airways announced the resumption of several of its international flights from Basra International Airport, noting that flights will operate on the Basra-Dubai-Basra route on Thursday and Saturday, the Basra-Istanbul-Basra route on Wednesday and Friday, and the Basra-Cairo-Basra route every Tuesday, according to the German Press Agency (dpa).
The General Company for Air Navigation Services held an extensive meeting yesterday, Sunday, via video conference with the International Air Transport Association and a number of international airlines.
The company’s general manager, Ahmed Emad Ahmed, said in a press statement that the meeting discussed the latest developments regarding the return of air traffic and the options for using Iraqi airspace by international airlines. Direct air routes within Iraqi airspace were also reviewed, in addition to proposing new routes with important operational advantages for airlines, including reducing flight times, lowering fuel consumption, and limiting carbon emissions in line with international environmental standards. https://www.economy-news.net/content.php?id=68109
More “Iraq News” Posted by Tishwash at TNT 4-20-2026
TNT:
Tishwash: Investment Authority: The dinar will be the sole currency for the sale of residential units.
The National Investment Commission affirmed the commitment of investment authorities in all governorates to implementing the applicable regulations and controls regarding the sale and lease of residential units within investment projects.
These regulations stipulate the exclusive use of the Iraqi dinar in all sales and installment transactions, emphasizing the prohibition of dealing in any foreign currency.
TNT:
Tishwash: Investment Authority: The dinar will be the sole currency for the sale of residential units.
The National Investment Commission affirmed the commitment of investment authorities in all governorates to implementing the applicable regulations and controls regarding the sale and lease of residential units within investment projects.
These regulations stipulate the exclusive use of the Iraqi dinar in all sales and installment transactions, emphasizing the prohibition of dealing in any foreign currency.
Hanan Jassim, spokesperson for the National Investment Commission, stated to Al-Sabah newspaper that this affirmation comes as part of its ongoing monitoring to ensure adherence to the approved regulations and enhance compliance levels, particularly in light of current economic changes and the fluctuations in the exchange market resulting from regional and international tensions. This aims to reduce informal foreign currency transactions and support the stability of the local market.
The commission clarified that this measure is based on applicable regulations and instructions, particularly Article (10), which stipulates the exclusive use of the Iraqi dinar for payments on housing units and their installments.
It noted that observations and complaints had been received indicating that some entities were requiring transactions in foreign currencies, contrary to instructions. This constitutes a clear violation of official regulations and negatively impacts market stability and the protection of citizens' rights. The commission stressed the necessity for investment companies implementing housing projects to refrain from demanding payment in any currency other than the Iraqi dinar, whether in sales or installment transactions. It affirmed that violating entities will be held legally accountable under the relevant laws.
She added that these measures come within the framework of supporting the state’s monetary policy and enhancing confidence in the national currency, as well as reducing fluctuations in the exchange market, especially in light of the unstable global economic conditions, which will positively impact consumer protection and ensure an organized and fair investment environment.
Jassim called on citizens to report any violations in this regard, stressing that she will continue to follow up on the implementation of instructions in coordination with the competent regulatory authorities, and take the necessary legal measures against violators, in order to consolidate the principle of the rule of law and enhance stability in the investment housing sector. link
************
Tishwash: Moody's credit rating agency: Iraq's credit situation is negative and high risk.
On Friday (April 17, 2026), Moody's credit rating agency revised its outlook for Iraq from "stable" to "negative," citing risks to the country's creditworthiness as a result of the ongoing war in the Middle East.
Moody's said, "Iraq's heavy reliance on the oil sector means that any disruption to exports through the Strait of Hormuz—which account for about 90 percent of Iraq's crude oil exports—will lead to a significant decrease in dollar inflows and fiscal revenues."
Last month, energy officials in the country reported that production at key oil fields in southern Iraq, a member of the Organization of the Petroleum Exporting Countries (OPEC), had fallen by about 80 percent due to the US-Iran war and the closure of the Strait of Hormuz, pushing oil stockpiles to critical levels.
Iranian Foreign Minister Abbas Araqchi said on Friday that the Strait of Hormuz had been opened following the ceasefire agreement reached in Lebanon, while US President Donald Trump said he believed an agreement to end the Iran war would be reached "soon," although the timing remained unclear.
Four energy industry sources told Reuters that Iraq resumed oil exports from the south of the country on Friday after a halt of more than a month.
Moody's added in its report, "Even if the ceasefire holds, we expect it will take some time before oil traffic through the strait returns to normal."
The agency maintained Iraq's rating at "Caa1". link
**************
Tishwash: With a "limited" agenda, the framework sets Monday as the date for deciding on the candidate for Prime Minister.
On Sunday, the General Secretariat of the Coordination Framework called on the framework’s forces to hold a meeting on Monday at the office of the leader of the Wisdom Movement, Ammar al-Hakim, stressing that the agenda is limited to (deciding on the candidate for the presidency of the Council of Ministers).
The coordinating framework that includes the ruling Shiite political forces in Iraq failed to hold a "crucial" meeting yesterday, Saturday, and it was postponed until tomorrow, Monday.
These developments come at a time when the government formation process has entered a critical phase, following the election of Nizar Amidi as President of the Republic. This places the largest bloc before a constitutional deadline ending on April 26 to officially present its candidate, amid fears of returning to square one of political deadlock. link
**************
Tishwash: The Sudanese have an overwhelming majority in the Iraqi parliament and on the Iraqi street.
In a political scene characterized by complexity and ongoing tensions, the name of the current Prime Minister, Mohammed Shia al-Sudani, stands out as the most prominent and influential figure in the Iraqi political equation, not only within the parliament but also on the street, which now views his experience as a model of relative stability and executive management capable of dealing with accumulated challenges.
Despite this political and popular weight, a fundamental question strongly presents itself: Why doesn’t the coordinating framework move towards resolving the issue of the premiership by adopting the Sudanese option, in line with the indicators of parliamentary support and popular acceptance, and end the state of political deadlock that has exhausted the country?
The continued postponement and procrastination in making a decision not only reflects a state of hesitation, but may also be interpreted as a disregard for the will of a broad segment of voters, who have expressed, directly or indirectly, their support for stability and continuity, which is what the Sudanese represent at this sensitive stage.
In this context, the importance of adhering to the democratic principle of respecting election results becomes clear, especially given the official statements by some Shiite political forces asserting that the largest parliamentary bloc has the right to nominate the prime minister. This is a constitutional and political principle that should govern any subsequent agreements and should not be subject to interpretation or obstruction.
Granting the right of “veto” to small blocs or using tools of political obstruction to impose conditions that are inconsistent with the real balance of power represents a dangerous precedent that strikes at the heart of the democratic process, turning it from a representative system into an arena of power struggles that does not accurately reflect the popular will.
The Coordination Committee, as a key player in the political landscape, faces a true test regarding its commitment to prioritizing the national interest over narrow factional or partisan considerations. Supporting a widely accepted candidate could be a pivotal step in restoring public confidence in the political process and pave the way for a new era of political and executive stability.
Resolving this issue is not just about naming a prime minister, but about sending a clear message that political forces are capable of respecting the rules of the democratic game, and that they are ready to side with the will of the people, not with the logic of obstruction and polarization.
Ultimately, the question remains open: Will the coordinating framework respond to this challenge and translate its slogans into actions, or will political deadlock remain the most prominent feature of the Iraqi scene in the next stage? link
Iraq Economic News And Points To Ponder Monday Morning 4-20-26
Currency Printing In Iraq: Between Financial Need And Economic Risks To The Dinar
Today 14:26 Information/Report... Concerns are mounting in Iraqi economic circles about the possibility of the government resorting to printing money without real backing in gold or dollar reserves. Experts describe this as an "unsound option" due to its direct negative impact on the value of the national currency and economic stability.
Currency Printing In Iraq: Between Financial Need And Economic Risks To The Dinar
Today 14:26 Information/Report... Concerns are mounting in Iraqi economic circles about the possibility of the government resorting to printing money without real backing in gold or dollar reserves. Experts describe this as an "unsound option" due to its direct negative impact on the value of the national currency and economic stability.
Additional money printing means increasing the money supply while the supply of goods and services in the economy remains stagnant or slows. In such cases, prices tend to rise because more money competes for the same quantity of goods, generating inflation that can turn into hyperinflation if it persists and economic conditions worsen, as happened in other countries like Zimbabwe and Venezuela.
In this context, the experiences of many countries have proven that printing money to finance budget deficits or cover current expenditures without achieving equivalent productive growth leads to a decrease in the currency's value and a loss of confidence in it.
The central bank plays a pivotal role in controlling inflation and maintaining the currency's value through monetary policy tools such as setting interest rates and monitoring liquidity.
In advanced economies, the central bank maintains its independence from the government to avoid its decisions becoming tied to financing budget deficits through money printing.
In Iraq, experts emphasize that any unplanned printing of money, coupled with the deficit in foreign reserves and the budget, could place the Central Bank in a difficult position, forcing it to balance its responsibilities to support public finances with its duty to maintain the stability of the dinar.
Economist Nabil al-Ali called on the Central Bank of Iraq to develop an urgent plan to contain the repercussions of monetary inflation, warning of a significant decline in the Iraqi dinar's exchange rate as a result of current monetary policies.
In a statement to the Al-Maalomah news agency, al-Ali said, "The government is currently relying on printing money to secure salaries and expenditures under the guise of the borrowing law."
He explained that "the continuation of this mechanism will put the Central Bank in a difficult position and may force it to deplete its reserves to cover the shortfall."
Al-Ali stressed the necessity for "the Central Bank to withdraw the printed currency from circulation as soon as it is no longer needed, and to destroy or store it instead of recycling it."
He indicated that "this measure is the only way to maintain exchange rate stability and prevent monetary inflation that threatens the purchasing power of citizens."
Furthermore, the crisis can worsen when the public loses confidence in the currency, leading them to convert their savings into foreign currencies or other assets. This negatively impacts the flow of liquidity into the economy and weakens the banking system.
Experts and analysts argue that economic solutions do not lie in printing more money, but rather in reforming fiscal and monetary policies to address the deficit.
According to economic analysts, sound monetary policies and central bank restrictions on money issuance are fundamental pillars for maintaining currency stability and preventing its collapse in the face of external shocks. End/25m
An Economist Warns Of The Decline Of The Iraqi Dinar Due To Currency Printing Policies.
Today 13:39 Information / Baghdad... Economic expert Nabil Al-Ali called on the Central Bank of Iraq on Sunday to develop an urgent plan to contain the repercussions of monetary inflation, warning of a significant decline in the Iraqi dinar's exchange rate as a result of current monetary policies.
Al-Ali told the Information Agency that “the government is currently relying on printing money to secure salaries and expenditures under the guise of the borrowing law,” explaining that “the continuation of this mechanism will put the Central Bank in a difficult position and may force it to deplete its reserves to cover the shortfall.”
Al-Ali stressed the necessity for "the Central Bank to withdraw the printed currency from circulation as soon as it is no longer needed, and to destroy or store it instead of recycling it."
He indicated that "this measure is the only way to maintain exchange rate stability and prevent monetary inflation that threatens the purchasing power of citizens." End/25
Al-Saadi: The Connection To The US Federal Reserve Reflects A Flaw In Financial Management.
Today 15:24 Information/Special.. Economic expert Rashid Al-Saadi confirmed today, Sunday, that the connection with the US Federal Reserve reflects a flaw in the management of money and requires reform, not a break.
Al-Saadi told Al-Maalouma News Agency that “Iraq’s continued involvement with the US Federal Reserve reveals a clear weakness in the management of funds and financial authority,” noting that “this file has not been professionally managed throughout the past years.”
He explained that “the heavy reliance on the US Federal Reserve reflects a flaw in the management of financial policy and a weakness in the institutions concerned with this aspect, which has made Iraq restricted by external procedures that control part of its funds.”
He added that "a sudden disengagement at the present time is not possible because that could lead to serious repercussions and economic disasters, especially since Iraqi funds are protected under the American decree, in addition to the existence of numerous international lawsuits related to the stage of Iraq's entry into Kuwait, which may be activated and lead to the freezing of funds."
He explained that "what raises questions is the US government's interference in the mechanisms for protecting these funds, even though Iraq has the ability to manage its resources if the ability and proper management are available."
It should be noted that this matter requires serious follow-up and gradual correction of errors, and that improving management is the most important step at present to avoid any future crises. End/25s
Gold Losses Mount On Dollar Strength
2026-04-20 Shafaq News Gold prices fell on Monday as the dollar firmed, while news the Strait of Hormuz is closed again pushed oil prices higher, reviving inflation fears.
Spot gold was down 0.7% at $4,794.21 per ounce, as of 0537 GMT, after hitting its lowest since April 13 earlier in the session. U.S. gold futures for June delivery fell 1.3% to $4,813.70.
"Gold prices are lower today after the U.S.-Iran war ceasefire that markets celebrated last week appeared to be breaking down," said Ilya Spivak, head of global macro at Tastylive.
"That has revived the now-familiar 'war trade' dynamics we've seen since the beginning of the conflict. Crude oil prices gained, which echoed into inflation expectation and drove up both yields and the U.S. dollar."
The dollar index opens new tab strengthened, making greenback-priced bullion more expensive for other currency holders. Benchmark 10-year U.S. Treasury yields gained 0.6%.
Oil prices jumped and stock markets wobbled as rising tension in the Middle East kept shipping in and out of the Gulf to a bare minimum.
The U.S. has seized an Iranian cargo ship that tried to run its blockade and Iran said it would retaliate, raising the possibility that the ceasefire between the two countries might not last for even the two days it is set to remain in force.
Tehran said it would not participate in a second round of negotiations that the U.S. had hoped to kick off before the ceasefire expires on Tuesday.
Gold prices have fallen about 8% since the U.S. and Israel launched strikes on Iran in late February, on concerns that higher energy prices could stoke inflation and keep global interest rates higher for longer.
While gold is considered an inflation hedge, higher interest rates crimp demand for the non-yielding asset.
Meanwhile, gold demand during one of India's key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand.
Among other metals, spot silver lost 1.3% to $79.75 per ounce, platinum fell 0.8% to $2,086.90, and palladium was down 0.4% at $1,553. (Reuters) https://www.shafaq.com/en/Economy/Gold-losses-mount-on-Dollar-strength
Gold Prices Slide In Baghdad, Erbil
2026-04-20 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 1.026 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.023 million IQD. The same gold had sold for 1.046 million IQD on Sunday.
The selling price for 21-carat Iraqi gold stood at 996,000 IQD, while the buying price reached 962,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.025 million and 1.035 million IQD, while Iraqi gold sold for between 995,000 and 1.005 million IQD.
In Erbil, 22-carat gold was sold at 1.068 million IQD per mithqal, 21-carat gold at 1.020 million IQD, and 18-carat gold at 875,000 IQD.https://www.shafaq.com/en/Economy/Gold-prices-slide-in-Baghdad-Erbil
USD/IQD Exchange Rates Fall In Baghdad And Erbil
2026-04-20 Shafaq News- Baghdad/ Erbil The US dollar opened Monday’s trading lower in Iraq, hovering around 153,000 dinars per 100 dollars.
According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,100 dinars per 100 dollars, down from the previous session’s 153,200 dinars.
In the Iraqi capital, exchange shops sold the dollar at 153,500 dinars and bought it at 152,500 dinars, while in Erbil, selling prices stood at 152,950 dinars and buying prices at 152,850 dinars.
https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-fall-in-Baghdad-and-Erbil-3
Seeds of Wisdom RV and Economics Updates Monday Morning 4-20-26
Good Morning Dinar Recaps,
Energy Shock Escalation: Strait Disruption Triggers Market Instability
Oil supply disruptions and geopolitical escalation are driving volatility across global markets and raising systemic financial risks
Good Morning Dinar Recaps,
Energy Shock Escalation: Strait Disruption Triggers Market Instability
Oil supply disruptions and geopolitical escalation are driving volatility across global markets and raising systemic financial risks
OVERVIEW (KEY POINTS)
A sharp escalation in geopolitical tensions has led to renewed disruption in the Strait of Hormuz, a critical global oil chokepoint. This has triggered an immediate spike in energy prices and heightened volatility across financial markets.
This is happening now because shipping activity through the strait has slowed dramatically, removing a significant portion of global oil supply from the market. The uncertainty surrounding ceasefire stability is compounding investor concern.
Key players include global energy markets, central banks, and major economies dependent on imported oil. Their responses are being shaped by rising inflation risks, supply shortages, and shifting capital flows.
The broader implication is clear: energy disruption is once again acting as a primary driver of global financial instability, increasing pressure on monetary systems already under strain.
KEY DEVELOPMENTS
1. Oil Prices Surge Amid Supply Disruption
Energy markets reacted immediately to reduced shipping through the Strait of Hormuz.
Oil prices jumped nearly 5% in a single session
Supply constraints are fueling inflation expectations globally
2. Global Markets Turn Volatile
Financial markets are showing signs of stress.
Global equity indices declined as uncertainty increased
Investors are shifting toward defensive positioning and safe assets
3. Shipping Activity Near Standstill
Critical trade routes are being disrupted.
Vessel traffic through the strait has dropped sharply
Creates risk of fuel shortages and supply chain breakdowns
4. European Markets React to Energy Shock
The impact is spreading across major economies.
European stocks fell while energy prices surged again by ~5%
Governments are preparing emergency energy measures
WHY IT MATTERS
This situation highlights how quickly energy disruptions can destabilize the global economy. Oil remains a foundational input, and even short-term supply shocks can ripple across all sectors.
Markets are reacting not just to current conditions, but to uncertainty about future supply stability. This leads to increased volatility in commodities, equities, and currencies.
For policymakers, the challenge intensifies. Rising energy prices push inflation higher, while economic uncertainty limits the ability to tighten monetary policy without slowing growth.
At the system level, these dynamics contribute to reduced confidence in stability and predictability, key indicators of structural financial stress.
WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS
Currencies of energy-importing nations may weaken under pressure
Purchasing power declines as fuel-driven inflation rises
Capital flows may favor resource-rich economies
Exchange rate volatility increases amid uncertainty
IMPLICATIONS FOR THE GLOBAL RESET
Pillar 1: Energy-Driven Inflation Shock
Persistent supply disruption reinforces an environment where inflation is externally driven, limiting the effectiveness of central bank policy and increasing systemic strain.
Pillar 2: Strategic Chokepoint Vulnerability
Dependence on critical trade routes like the Strait of Hormuz exposes the system to single-point failure risks, accelerating the push toward diversification and structural realignment.
CONCLUSION
The latest developments confirm that the global financial system remains highly sensitive to geopolitical and energy-related shocks. The disruption of a key oil transit route has once again exposed underlying vulnerabilities.
As volatility spreads across markets, policymakers and investors are being forced to adapt quickly to changing conditions. The combination of supply disruption, inflation pressure, and market instability is creating a challenging environment.
This is not an isolated event—it reflects a broader pattern of increasing fragility within the global system.
When energy flows are disrupted, the financial system follows—and the pressure for structural change intensifies.
Seeds of Wisdom Team
Newshounds News™ Exclusive
SOURCES
Reuters — "Oil jumps, stocks ease as US-Iran ceasefire hangs in the balance"
The Guardian — "Oil and gas prices jump as Strait of Hormuz chaos worries investors"
~~~~~~~~~~
A Message to Our Currency Holders
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News™
~~~~~~~~~~
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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
MilitiaMan and Crew: IRAQ DINAR UPDATE - Steady Progress Amid the Noise - Economic Reforms Continue Unabated - REER Focus
MilitiaMan and Crew: IRAQ DINAR UPDATE - Steady Progress Amid the Noise - Economic Reforms Continue Unabated - REER Focus
4-19-2026
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
MilitiaMan and Crew: IRAQ DINAR UPDATE - Steady Progress Amid the Noise - Economic Reforms Continue Unabated - REER Focus
4-19-2026
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.
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Be sure to listen to full video for all the news……..
Iraq Economic News And Points To Ponder Sunday Afternoon 4-19-26
EIA: Iraq’s Oil Exports To US Dip Over The Week
2026-04-19 Shafaq News- Baghdad/ Washington Iraq’s crude oil exports to the United States dropped 11,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed on Sunday.
Iraqi shipments averaged 109,000 bpd last week, 9.17% less than the previous week’s average of 120,000 bpd.
EIA: Iraq’s Oil Exports To US Dip Over The Week
2026-04-19 Shafaq News- Baghdad/ Washington Iraq’s crude oil exports to the United States dropped 11,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed on Sunday.
Iraqi shipments averaged 109,000 bpd last week, 9.17% less than the previous week’s average of 120,000 bpd.
Total US crude imports from eight major suppliers fell to 4.675 million bpd, down 947,000 bpd from 5.622 million bpd the previous week.
Canada remained the top supplier at 3.519 million bpd, followed by Venezuela with 412,000 bpd, Saudi Arabia with 249,000 bpd, and Mexico with 145,000 bpd.
Imports also included Colombia at 130,000 bpd, Ecuador at 68,000 bpd, and Brazil at 43,000 bpd. No oil was imported from Nigeria and Libya this week. https://www.shafaq.com/en/Economy/EIA-Iraq-s-oil-exports-to-US-dip-over-the-week-0-2
Dollar Rises In Baghdad And Erbil Markets
2026-04- Shafaq News- Baghdad/ Erbil The US dollar opened Sunday’s trading higher in Iraq, hovering around 153,000 dinars per 100 dollars. According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,200 dinars per 100 dollars, up from the previous session’s 152,500 dinars.
In the Iraqi capital, exchange shops sold the dollar at 153,750 dinars and bought it at 152,750 dinars, while in Erbil, selling prices stood at 153,150 dinars and buying prices at 153,000 dinars.
https://www.shafaq.com/en/Economy/Dollar-rises-in-Baghdad-and-Erbil-markets-8
Gold Prices Rise In Baghdad, Stabilize In Erbil
2026-04-19 Shafaq News- Baghdad/ Erbil On Sunday, gold prices hovered around 1 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 1,046,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,042,000 IQD. The same gold had sold for 1,041,000 IQD on Saturday.
The selling price for 21-carat Iraqi gold stood at 1,016,000 IQD, with a buying price of 1,012,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,045,000 and 1,055,000 IQD, while Iraqi gold sold for between 1,015,000 and 1,025,000 IQD.
In Erbil, 22-carat gold was sold at 1,085,000 IQD per mithqal, 21-carat gold at 1,035,000 IQD, and 18-carat gold at 887,000 IQD.
https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-stabilize-in-Erbil-2-2
EA Proposes Basra–Ceyhan Pipeline To Bypass Hormuz
2026-04-19 Shafaq News- Basra A new oil pipeline linking Iraq’s Basra fields to Turkiye’s Ceyhan terminal on the Mediterranean has been proposed to reduce reliance on the Strait of Hormuz and strengthen energy supply security, particularly for Europe, Executive Director of the International Energy Agency (IEA) Fatih Birol said on Sunday.
Speaking to Hurriyet, Birol said the Basra–Ceyhan pipeline could be “critically important” for Iraq, Turkiye, and regional supply security, adding that financing challenges could be overcome and that the project requires a political agreement between Baghdad and Ankara.
He noted that Iraq exports about 90% of its oil through the Strait of Hormuz from Basra ports, which hold reserves estimated at around 90 billion barrels, warning that disruptions to maritime traffic in the strait would have severe consequences.
The proposal comes amid renewed tensions in Hormuz, where Iran has reimposed navigation restrictions after briefly reopening the waterway, prompting some gas tankers to reroute.
Birol said the pipeline is no longer just an economic option but a strategic necessity for Iraq, and an opportunity for Turkiye and Europe to enhance energy security.
Turkiye has previously proposed expanding oil infrastructure linking Ceyhan with Iraq, including plans extending from Kirkuk southward as part of a broader trade corridor connecting Iraq’s Al-Faw port to Turkiye.
Read more: Iraq’s oil bottleneck: Abundance trapped by dependency
https://www.shafaq.com/en/Economy/IEA-proposes-Basra-Ceyhan-pipeline-to-bypass-Hormuz
US Dollar Drops In Baghdad And Erbil Markets
2026-04-19 Shafaq News- Baghdad/ Erbil The US dollar closed Sunday's trading lower in Iraq at around 153,000 dinars per 100 dollars. According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,000 dinars per 100 dollars, up from the morning session’s 153,200 dinars.
In the Iraqi capital, exchange shops sold the dollar at 153,500 dinars and bought it at 152,500 dinars, while in Erbil, selling prices stood at 153,000 dinars and buying prices at 152,850 dinars.
https://www.shafaq.com/en/Economy/US-dollar-drops-in-Baghdad-and-Erbil-markets-8
Iraq Targets Unemployment Reduction Via Farm, Industry Push
2026-04-19 Shafaq News- Baghdad Iraq is seeking to reduce unemployment, currently around 13%, by expanding domestic production through agriculture and industry, Prime Minister’s financial adviser Mudher Mohammed Salih said on Sunday.
Salih told Shafaq News that the policy focuses on boosting grain output through above-market procurement, input support, and crop planning, alongside measures to support industry, including land allocation, fuel supply, technology imports, and financing initiatives to expand private-sector factories.
He said more than 1,300 industrial projects are being supported, with over one trillion Iraqi dinars (about $760 million) allocated as sovereign guarantees to enable private firms to secure foreign financing for projects linked to construction and industrial value chains. A planned “Riyada Bank” is expected to provide financing for small businesses and youth-led initiatives.
The push comes as data point to a gap between production and imports. Economist Manar Al-Obaidi said Iraq’s roughly 1,200 medium and large industrial projects generate no more than 7 trillion dinars (about $5.3 billion) annually, compared with imports exceeding 100 trillion dinars.
He added that the sector provides about 50,000 jobs, rising to around 100,000 including informal labor, against roughly 500,000 new entrants to the labor market each year, while growth of about 5% in large projects has yet to make industry a significant contributor to GDP. Read more: The rentier trap: Iraq’s existential reform race
https://www.shafaq.com/en/Economy/Iraq-targets-unemployment-reduction-via-farm-industry-push
Seeds of Wisdom RV and Economics Updates Sunday Afternoon 4-19-26
Good Afternoon Dinar Recaps,
Bond Market Confidence Cracks as Energy Shock Deepens — Reset Signals Intensify
Debt markets, oil disruptions, and shifting capital flows are converging into a systemic turning point.
Good Afternoon Dinar Recaps,
Bond Market Confidence Cracks as Energy Shock Deepens — Reset Signals Intensify
Debt markets, oil disruptions, and shifting capital flows are converging into a systemic turning point.
Overview
Global markets are entering a highly unstable phase beneath surface-level strength. While equities have rebounded sharply, deeper indicators show bond market stress, energy supply disruption, and shifting investor behavior. The combination of waning trust in sovereign debt and persistent energy shocks is creating conditions historically associated with major monetary restructuring.
Key Developments
1. U.S. Treasury Losing Safe-Haven Status
A major shift is unfolding as investors sell U.S. Treasurys during a global crisis, rather than buying them. This has pushed yields higher and prices lower, signaling declining confidence in government debt. Rising deficits, reduced foreign demand, and geopolitical tensions are accelerating this trend, weakening what has long been the foundation of global finance.
2. Hidden Energy Crisis Driving Real Inflation Higher
Despite headline oil prices appearing stable, the true cost of physical oil has surged dramatically, with real delivery prices far exceeding benchmarks. This reflects severe supply disruptions tied to the Strait of Hormuz, now considered the largest oil market disruption on record. The result is rising electricity costs, supply chain pressure, and persistent inflation risk.
3. Geopolitical Tensions Reignite Energy Route Risk
Iran’s renewed control and threats over the Strait of Hormuz have reintroduced extreme uncertainty into global energy flows. Shipping disruptions, military control of key chokepoints, and stalled negotiations are contributing to market instability and global fuel concerns.
4. Capital Flows Signal Structural Market Shift
Investors are rapidly rotating capital, with massive inflows returning to U.S. equities even as bond markets weaken. This divergence highlights a breakdown in traditional risk behavior, suggesting markets are adapting to a new financial environment shaped by energy dominance and geopolitical risk.
Why It Matters
Loss of trust in sovereign debt threatens financial system stability
Energy disruptions are embedding long-term inflation pressures
Traditional market relationships are breaking down
Capital is shifting toward real assets and away from paper systems
These are core stress signals that often precede large-scale monetary and financial system changes.
Why It Matters to Foreign Currency Holders
Weaker confidence in debt markets can pressure major currencies
Commodity-linked currencies may gain relative strength
Global capital shifts could increase currency volatility
Reserve currency dynamics may begin to evolve
Implications for the Global Reset
Pillar 1: Debt Market Instability
The breakdown in Treasury demand signals erosion of trust in the current monetary backbone, increasing the likelihood of policy intervention or structural reform.
Pillar 2: Energy-Driven Economic Realignment
With energy acting as the primary economic driver, nations and markets are shifting toward resource-backed influence, reshaping global financial power structures.
This is not just volatility — it is a transition phase where debt, energy, and geopolitics are redefining the global financial system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
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
Seeds of Wisdom RV and Economics Updates Sunday Morning 4-19-26
Good Morning Dinar Recaps,
Debt Pressure Rising: IMF Warns of Surging Global Borrowing Needs
Growing demand for financial support signals mounting strain on sovereign debt and global liquidity conditions
Good Morning Dinar Recaps,
Debt Pressure Rising: IMF Warns of Surging Global Borrowing Needs
Growing demand for financial support signals mounting strain on sovereign debt and global liquidity conditions
OVERVIEW (KEY POINTS)
The International Monetary Fund (IMF) is warning that global demand for financial assistance is rising sharply, with potential requests reaching up to $50 billion. This reflects increasing stress across economies dealing with energy shocks, conflict-driven disruption, and slowing growth.
This is unfolding now as the global economy absorbs the aftereffects of recent geopolitical tensions, which have disrupted trade flows, energy supply, and investor confidence. Countries already carrying high debt are now facing higher borrowing costs and reduced fiscal flexibility.
Key players include the IMF, emerging market economies, and global financial institutions monitoring sovereign risk and liquidity conditions. Their responses will shape how stress is managed across regions.
The broader implication is significant: rising debt demand combined with tightening financial conditions is a classic precursor to systemic financial strain, increasing the probability of structural adjustments.
KEY DEVELOPMENTS
1. IMF Signals Surge in Emergency Lending Demand
The IMF expects increased requests for financial support.
Demand could reach $20–$50 billion in the near term
Reflects rising balance-of-payments stress across multiple countries
2. Sovereign Debt Pressures Intensify
Countries are facing mounting fiscal challenges.
Higher interest rates are increasing debt servicing costs
Governments have limited room for additional borrowing
3. Energy Disruptions Driving Economic Instability
Ongoing supply issues are feeding into financial stress.
Energy volatility is contributing to inflation and trade imbalances
Import-dependent economies are particularly vulnerable
4. Global Liquidity Conditions Tightening
Financial markets are becoming less accommodating.
Investors are showing increased risk aversion
Capital is flowing toward safe-haven assets
WHY IT MATTERS
This development underscores a critical stress point in the global financial system. As borrowing needs rise, the ability of institutions to provide support becomes increasingly important.
Markets are sensitive to sovereign risk, and rising debt concerns can trigger volatility across currencies, bonds, and equities. This creates uncertainty in pricing and investment decisions.
For policymakers, the situation is becoming more complex. Balancing growth, inflation, and debt sustainability requires careful coordination, which is harder to achieve under pressure.
At the system level, these dynamics contribute to reduced confidence in financial stability, increasing the likelihood of broader restructuring.
WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS
Currency values may weaken in debt-stressed economies
Purchasing power could decline due to inflation and devaluation
Capital flows may shift toward stronger, more stable currencies
Exchange rate volatility is likely to increase
IMPLICATIONS FOR THE GLOBAL RESET
Pillar 1: Sovereign Debt Restructuring Risk
Rising borrowing needs and limited fiscal capacity increase the likelihood of debt restructuring or external intervention, both key components of financial reset scenarios.
Pillar 2: Liquidity-Driven System Adjustments
As liquidity tightens, financial systems may require coordinated support measures, potentially leading to changes in how global finance is structured and managed.
CONCLUSION
The IMF’s warning highlights a growing imbalance between financial needs and available resources. As more countries seek support, pressure on the global system intensifies.
This is not an isolated issue—it reflects broader trends of rising debt, economic slowdown, and financial tightening. These forces are interacting in ways that increase systemic risk.
As conditions evolve, the likelihood of structural adjustments within the financial system continues to rise.
When debt pressure builds across multiple regions simultaneously, the foundation of the global financial system begins to shift.
Seeds of Wisdom Team
Newshounds News™ Exclusive
SOURCES
Reuters — "IMF's Georgieva expects war to trigger demand up to $50 bln in Fund support"
Reuters — "Central banks must balance energy inflation with demand softening, IMF says"
~~~~~~~~~~
A Message to Our Currency Holders
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News™
~~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
RV Facts with Proof Links Link
RV Updates Proof links - Facts Link
Follow the Gold/Silver Rate COMEX
Follow Fast Facts
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Iraq Economic News And Points To Ponder Sunday Morning 4-19-26
A Proposal To Remove Zeros From The Currency... Video
The project to remove zeros from the Iraqi currency has been revived as part of a move to restructure the monetary system and alleviate the burden of inflated figures in daily transactions. Experts told a reporter Sumerian The success of this step is not only linked to formal procedures, but also to the government’s ability to support it with real financial and monetary reforms that restore confidence in the Iraqi dinar and ensure sustainable market stability. Details in this report
A Proposal To Remove Zeros From The Currency... Video
The project to remove zeros from the Iraqi currency has been revived as part of a move to restructure the monetary system and alleviate the burden of inflated figures in daily transactions. Experts told a reporter Sumerian The success of this step is not only linked to formal procedures, but also to the government’s ability to support it with real financial and monetary reforms that restore confidence in the Iraqi dinar and ensure sustainable market stability. Details in this report
A Project To Remove Zeros From The Currency Has Been Proposed.
Experts: Success of this step would alleviate the burden of inflated figures in daily transactions The project to remove zeros from the Iraqi currency has been revived as part of an effort to restructure the monetary system and alleviate the burden of inflated figures in daily transactions. Experts told Alsumaria that the success of this step depends not only on formal procedures but also on the government's ability to support it with genuine financial and monetary reforms that restore confidence in the Iraqi dinar and ensure sustainable market stability. Details in this report. 📺 Alsumaria Frequency: 11315 MHz ✥ Follow the latest news from Iraq and the most important Iraqi series on the Alsumaria website https://www.alsumaria.tvhttps://www.youtube.com/watch?v=bH6h7GAzOu4
The Parliamentary Finance Committee Is Leaning Towards Adopting An Annual Budget For The Current Year And Is Ruling Out A Return To The Tripartite System
Money and Business Economy News – Baghdad The Finance Committee in the House of Representatives is moving towards adopting an annual general budget for the current year.
In an interview with the official newspaper, which was followed by “Al-Eqtisad News”, MP Zainab Rahim Al-Jiyashi, a member of the Finance Committee, said that the goal of preparing an annual budget is to support vital service projects, especially in the health, education and infrastructure sectors, noting that this approach is consistent with the need to promote fairness in the distribution of resources and improve the quality of public services.
Al-Jiyashi added that "the annual budget represents a more accurate tool in managing public spending compared to multi-year budgets, as it allows for the periodic reassessment of priorities in accordance with economic and financial developments, which positively impacts the efficiency of government spending.
At the same time, she confirmed that it is impossible to return to the three-year budget model at the present stage, because it is not suitable for the economic conditions and fluctuations that the country is witnessing.
https://www.economy-news.net/content.php?id=67928
Speaker Of Parliament Receives Governor Of The Central Bank
The Speaker of Parliament, Mr. Haibet Alhalbousi, received the Governor of the Central Bank, Mr. Ali Mohsen al-Allaq, on Thursday.
The meeting discussed the current state of monetary policy in Iraq and prospects for enhancing its stability in line with macroeconomic stability requirements. Both parties emphasized the importance of continued coordination between the Parliament and the Central Bank to bolster the effectiveness of economic policies and achieve desired developmental goals.
During the meeting, the Speaker highlighted the Parliament’s commitment to monitoring the performance of the Central Bank of Iraq and its keenness to support the independence of monetary policy. He stressed the importance of fostering effective coordination between monetary and fiscal policies to contribute to economic balance and reduce inflationary pressures.
He further noted that the Parliament, stemming from its oversight and legislative role, affirms its follow-up on the procedures and policies adopted by the Central Bank to enhance transparency and consolidate confidence in the banking sector. He expressed the Parliament’s readiness to provide the necessary legislative framework to support financial and banking reforms.
For his part, the Governor of the Central Bank reviewed the key measures taken to enhance monetary stability, regulate the foreign exchange market, and develop the banking sector.
He reaffirmed the Bank’s commitment to operating in accordance with international best practices to support overall financial stability. Media Office Of Parl. Speaker Apr 16, 2026
https://iq.parliament.iq/en/2026/04/16/speaker-of-parliament-receives-governor-of-the-central-bank/
Iran And The US Reach An Agreement, With Expectations Of A Memorandum Of Understanding Being Signed Within TwoMonths.
2026-04-17 Shafaq News – Islamabad A Pakistani source reported on Friday that Iran and the United States have reached a preliminary agreement and are expected to sign a memorandum of understanding within two months.
Reuters quoted the Pakistani source as saying that the mediation between America and Iran "achieved a breakthrough on thorny issues, and they have already reached preliminary agreements."
He added that Tehran and Washington had made "significant progress in the negotiations, and are likely to sign a memorandum of understanding within 60 days."
On Thursday evening, US President Donald Trump said, "Iran wants to reach an agreement, and we are very close to concluding one. We will not extend the truce, and the next meeting with the Iranians may take place early next week."
He affirmed, "I will go to Pakistan if an agreement is reached," adding that "many wonderful things will happen if an agreement is reached with Iran. We have very good relations with Iran, and this is incredible. But if we do not reach an agreement, the fighting will resume. Iran cannot have a nuclear weapon."
Source: Iran's Qaani Meets Iraqi Factions In Baghdad As PM Talks Stall
2026-04-18 Shafaq News- Baghdad Iran’s Quds Force commander, Esmail Qaani, arrived in Baghdad in an unannounced visit, holding talks with Iraqi political and armed faction leaders as negotiations over the next prime minister remain unresolved, a well-informed source told Shafaq News on Saturday.
Qaani met leaders of armed factions before holding separate discussions with figures from the Shiite Coordination Framework (CF) —a coalition of Iran-aligned parties that forms the largest bloc in Iraq’s parliament— focusing on efforts to reach agreement on a consensus candidate for the premiership. (Iran's trying to exert it's influence in Iraqi elections).
Discussions also addressed the future of armed groups, including proposals to integrate them into state security institutions and to separate political actors from their armed wings.
Qaani previously visited Baghdad in January 2026, when he met leaders of armed factions to address tensions related to weapons, according to political sources. During those talks, he urged the groups to maintain unity and avoid escalation, stressing the need for “coordinated mechanisms that preserve security stability” and prevent internal conflict.
Debate continues in Iraq over limiting weapons to state control. Washington has repeatedly linked the country’s stability and bilateral relations to curbing arms outside official institutions or integrating armed groups into state structures under legal frameworks. On Friday, the US Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on seven Iraqi armed group commanders, accusing them of involvement in attacks against US personnel and interests in Iraq.
In a parallel political track, Iraq’s parliament elected Nizar Amedi as president on April 11, initiating the constitutional timeline for naming a prime minister. The Coordination Framework has yet to agree on a nominee, and a planned meeting to select a candidate was postponed to Monday, according to a political source.
https://www.shafaq.com/en/Iraq/Source-Qaani-meets-Iraqi-factions-in-Baghdad-as-PM-talks-stall
Iraqi trade ministry announces plan to develop non-oil exports
Money and Business Economy News — Baghdad Minister of Trade Atheer Dawood Al-Ghurairi affirmed that the ministry is proceeding with the implementation of its programs aimed at developing non-oil exports and expanding the base of local production by activating the role of the Export Support Fund, describing the fund as one of the main pillars in supporting the economy and enhancing the ability of Iraqi products to compete in global markets.
The minister explained that the Export Support Fund's vision focuses on diversifying income sources, enhancing local production, and creating job opportunities that contribute to achieving sustainable economic growth.
He added that the fund provides comprehensive financial and technical support to Iraqi companies and factories, in addition to facilitating their participation in international exhibitions by bearing part of the participation costs, which contributes to opening new markets and finding commercial partners, as well as promoting the national product through the issuance of introductory guides for Iraqi exports for the years 2023, 2024 and 2025. https://www.economy-news.net/content.php?id=68073
Parliament Affirms Its Commitment To Strengthening The Partnership With China.
Money and Business Economy News — Baghdad The First Deputy Speaker of the House of Representatives, Adnan Faihan Al-Dulaimi, affirmed on Sunday the readiness of Parliament to strengthen the partnership with China and activate the development road project.
A statement from his media office, received by “Al-Eqtisad News”, stated that “the First Deputy Speaker of the House of Representatives, Adnan Faihan Al-Dulaimi, received today, Sunday, the Ambassador of the People’s Republic of China to Iraq, Sui Wei, to discuss ways to enhance strategic cooperation between the two friendly countries, and to activate parliamentary communication channels, in addition to discussing the latest local, regional and international developments, and their implications for the paths of joint cooperation.”
According to the statement, Faihan emphasized "the House of Representatives' keenness to develop frameworks for bilateral partnership, in a way that enhances mutual interests and serves the aspirations of the two friendly peoples," noting "the importance of benefiting from advanced Chinese expertise in various sectors to support the development process in Iraq."
He stressed "the need to activate bilateral agreements, and to give the development road project strategic priority, while providing an attractive investment environment that allows reputable Chinese companies to contribute effectively to the development of the service and economic sectors." https://www.economy-news.net/content.php?id=68072
Seeds of Wisdom RV and Economics Updates Saturday Afternoon 4-18-26
Good Afternoon Dinar Recaps,
Oil Policy Shift: Sanctions Flexibility Signals Global Energy Instability
U.S. decision to extend Russian oil access highlights mounting pressure to stabilize energy markets amid war-driven disruption
Good Afternoon Dinar Recaps,
Oil Policy Shift: Sanctions Flexibility Signals Global Energy Instability
U.S. decision to extend Russian oil access highlights mounting pressure to stabilize energy markets amid war-driven disruption
OVERVIEW (KEY POINTS)
A major policy shift has emerged as the United States extends a sanctions waiver allowing continued purchases of Russian oil, signaling rising concern over global energy stability. The move comes as multiple countries struggle with war-driven supply shocks and price volatility.
This is happening now because the ongoing conflict has severely disrupted oil flows, shipping routes, and production capacity, forcing policymakers to prioritize market stability over strict enforcement of sanctions.
Key players include the U.S. Treasury, energy-importing nations in Asia, and global oil markets, all reacting to the risk of supply shortages and price spikes. The decision underscores how geopolitical pressure is reshaping economic policy in real time.
The broader implication is significant: energy security is overriding traditional financial and political strategies, a key signal of systemic stress within the global financial system.
KEY DEVELOPMENTS
1. U.S. Extends Russian Oil Sanctions Waiver
The U.S. approved continued purchases of Russian oil under a temporary waiver.
Covers up to 200 million barrels of oil
Aimed at stabilizing global supply and pricing pressures
2. Energy Crisis Forcing Policy Reversals
The decision marks a shift from earlier commitments to tighten restrictions.
Officials had previously indicated no extension would be granted
Pressure from global markets forced a policy reversal
3. Global Oil Supply Remains Fragile
Despite easing tensions, supply constraints persist.
Damage to infrastructure and shipping risks continue
Insurance and logistics challenges are limiting full recovery
4. Growth Risks Rising Amid Energy Instability
Global institutions warn of economic slowdown.
IMF signals potential growth drop toward ~2% in adverse scenarios
Inflation risks remain elevated due to energy cost volatility
WHY IT MATTERS
This development highlights how energy markets are now dictating global policy decisions. Governments are being forced to make trade-offs between geopolitical strategy and economic stability.
For markets, this introduces uncertainty around commodity pricing, inflation trends, and supply reliability. Energy volatility feeds directly into production costs and consumer prices, amplifying economic instability.
From a policy perspective, the shift reveals weakening consistency. Rules-based systems are being adjusted in real time, reducing predictability and confidence.
At the global level, this signals a move toward a more reactive and fragmented economic system, where stability depends on short-term interventions.
WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS
Currency values may fluctuate with energy price swings
Purchasing power is at risk due to persistent inflation pressure
Capital flows may shift toward energy-secure economies
Exchange rates may reflect resource access rather than policy strength
IMPLICATIONS FOR THE GLOBAL RESET
Pillar 1: Policy Flexibility Replacing Policy Consistency
The willingness to adjust sanctions for stability shows that economic survival is taking priority over long-term policy frameworks. This weakens confidence in structured systems and supports transition toward adaptive financial models.
Pillar 2: Energy as a Dominant Financial Driver
Energy is increasingly dictating monetary conditions, inflation, and global capital flows. This reinforces a shift toward a system where resource control plays a central role in financial power.
CONCLUSION
The extension of the oil waiver is more than a temporary adjustment—it reflects deepening stress within the global energy and financial system. Policymakers are being forced into decisions that prioritize short-term stability over long-term strategy.
As energy disruptions continue, the global economy faces rising uncertainty, inflation risks, and slower growth. These pressures are reshaping how decisions are made at the highest levels.
The system is becoming increasingly reactive, fragmented, and dependent on external shocks.
When policy begins to bend under pressure, it signals that the system itself is being tested.
Seeds of Wisdom Team
Newshounds News™ Exclusive
SOURCES
Reuters — "US extends waiver allowing countries to buy Russian oil"
Reuters — "Saudi minister says oil output recovery will take time"
~~~~~~~~~~
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RV Updates Proof links - Facts Link
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Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
Iraq Economic News And Points To Ponder Saturday Afternoon 4-18-26
The Economist: Any potential war in the region would threaten $6 trillion of Gulf wealth.
War Will Drain the Gulf’s $6 Trillion Treasure Chest
The Conflict Complicates Life for the Custodians opf Middle Eastern Oil Fortunes
Money and Business Economy News — Follow-up The Iranian news agency “Akharin Khabar” reported on Saturday that the latest report by the widely circulated British magazine “The Economist” indicated that any large-scale military escalation in the Middle East, especially if it involves Iran or disrupts navigation through the Strait of Hormuz, could have serious repercussions on the economies of the Gulf states, which possess sovereign assets estimated at around $6 trillion.
The Economist: Any potential war in the region would threaten $6 trillion of Gulf wealth.
War Will Drain the Gulf’s $6 Trillion Treasure Chest
The Conflict Complicates Life for the Custodians opf Middle Eastern Oil Fortunes
Money and Business Economy News — Follow-up The Iranian news agency “Akharin Khabar” reported on Saturday that the latest report by the widely circulated British magazine “The Economist” indicated that any large-scale military escalation in the Middle East, especially if it involves Iran or disrupts navigation through the Strait of Hormuz, could have serious repercussions on the economies of the Gulf states, which possess sovereign assets estimated at around $6 trillion.
According to the analysis, the risk is not limited to the energy sector alone, but extends to the economic and investment structure on which the Gulf states depend to promote their growth and diversify their sources of income.
According to the British magazine, estimates indicate damages that could reach $25 billion to the oil and gas infrastructure of the Gulf states, with additional costs for new pipelines that could amount to $30-50 billion.
https://www.economy-news.net/content.php?id=68030
Sudanese: The Importance Of Supporting The Private Sector To Be A Key Partner In Building And Scientific And Economic Development
Money and Business Economy News — Baghdad Prime Minister Mohammed Shia al-Sudani affirmed on Saturday that the government will continue to implement projects to expand and develop the infrastructure of the education sector, which will positively impact the quality of education in Iraq.
This came during a visit by Al-Sudani to Al-Raqiya Intermediate Basic School in the capital, Baghdad, where he participated in the graduation ceremony of the current batch of students for the academic year.
The Prime Minister praised the great efforts made by educational staff in all schools across the country, stressing that the government gives special priority to the education sector within its reform and development plans.
He stressed that human development and providing a suitable educational environment are key priorities in the government’s work, along with supporting other development sectors and enhancing the role of the private sector as a partner in scientific and economic development, particularly in the educational field.
Al-Sudani also called for strengthening cooperation between families and educational institutions in order to prepare a generation that is aware and committed to societal values, stressing the importance of continuous monitoring of the educational process to achieve sustainable positive results.
https://www.economy-news.net/content.php?id=68028
Australia And Japan Sign Contracts For A $7 Billion Warship Deal
Money and Business Economy News — Baghdad Australia and Japan on Saturday signed contracts launching a historic deal worth 10 billion Australian dollars, equivalent to 7 billion US dollars, to supply Australia with warships, the largest military deal for Tokyo since the lifting of the arms export ban in 2014.
Australian Defence Minister Richard Marles said in a statement that he and his Japanese counterpart Shinjiro Koizumi had signed a memorandum "reaffirming the two governments' shared commitment to the successful delivery" of the warships.
The deal struck in August reinforces Japan's efforts to move away from its post-war pacifist policy in order to establish security ties that go beyond its alliance with the United States to counter China.
Japan's Mitsubishi Heavy Industries will supply the Royal Australian Navy with three upgraded multi-mission frigates to be built in Japan starting in 2029. Eight more frigates will be built in Australia.
The Japanese Ministry of Defense posted on XN that Koizumi and Marls welcomed "the signing of the multi-mission frigate contracts and affirmed the strengthening of bilateral defense relations" during the signing ceremony in Melbourne.https://www.economy-news.net/content.php?id=68027
Gold Is Heading For Its Fourth Weekly Gain Amid Anticipation Of A Deal On Iran.
Money and Business Economy News — Follow-up Gold is on track for its fourth weekly gain after US President Donald Trump expressed optimism that the United States and Iran could reach a permanent ceasefire to end the war that has shaken markets and increased inflation fears.
The precious metal settled near $4,795 an ounce in early trading on Friday, after rising about 1% this week, according to Bloomberg. https://www.economy-news.net/content.php?id=67984
Basrah Crudes Post Weekly Gains As Global Oil Prices Decline
2026-04-18 Shafaq News- Basrah Basrah Heavy and Basrah Medium crude closed higher last week, recording gains despite a sharp decline in global oil prices.
Basrah Heavy rose by 76 cents in the latest trading session to $116.59 per barrel, posting weekly gains of $1.62, or 1.41%. Basrah Medium also increased by 76 cents to $118.69 per barrel, registering weekly gains of $1.62, or 1.38%.
Global oil prices, however, recorded a dip, falling by 16% over the week, marking their worst weekly performance since April 2020, following Iran’s announcement of reopening the Strait
https://www.shafaq.com/en/Economy/Basrah-crudes-post-weekly-gains-as-global-oil-prices-decline
Dollar Drops In Baghdad And Erbil Markets
2026-04- Shafaq News- Baghdad/ Erbil The US dollar opened Saturday's trading lower in Iraq, hovering around 152,000 dinars per 100 dollars.
According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 152,500 dinars per 100 dollars, down from the previous session's 153,350 dinars.
In the Iraqi capital, exchange shops sold the dollar at 153,000 dinars and bought it at 152,000 dinars, while in Erbil, selling prices stood at 152,600 dinars and buying prices at 152,450 dinars.
https://www.shafaq.com/en/Economy/Dollar-drops-in-Baghdad-and-Erbil-markets-9
Regional Conflict Strains Iraq’s Credit Standing
2026-04- Shafaq News- Baghdad Moody’s Investors Service on Saturday downgraded Iraq’s outlook to negative, citing rising regional tensions and increasing risks to the country’s oil-dependent economy and export flows.
The agency warned that Iraq’s reliance on oil exports leaves it vulnerable to disruptions in key maritime routes, particularly the Strait of Hormuz, through which about 90% of Iraqi crude is transported. It added that any interruption could quickly tighten state revenues and foreign currency inflows.
Although the Iraqi Ministry of Oil indicated that oil exports from the country’s southern provinces have resumed after more than 45 days of suspension, Moody’s expects it will take time for export levels to return to normal, as the US-Iranian temporary ceasefire implemented on April 8 continues to hold.
The agency previously reported an 80% drop in Baghdad’s oil production, noting that the decline pushed crude inventories to elevated levels. It also kept Iraq’s credit rating unchanged at “Caa1,” a level reflecting high credit risk.
Read more: Iraq’s oil bottleneck: Abundance trapped by dependency
https://www.shafaq.com/en/Economy/Regional-conflict-strains-Iraq-s-credit-standing
Iraq's Industrial Output Trails Imports Despite 1,200 Projects
2026-04-18 Shafaq News- Baghdad Iraq’s industrial sector generates no more than 7 trillion Iraqi dinars (≈ $5.34 billion) annually, far below imports that exceed 100 trillion dinars (≈ $76 billion), economist Manar Al-Obaidi said on Saturday.
Al-Obaidi explained that the sector includes around 1,200 medium and large projects -about 900 large private ventures and 300 medium-sized ones.
He said production remains concentrated in construction and food industries, while key manufacturing sectors such as textiles, furniture, and household goods have sharply declined, even as roughly 1,000 factories depend on imported raw materials, raising costs and weakening competitiveness.
The sector provides about 50,000 jobs, rising to an estimated 100,000 including informal labor, compared with roughly 500,000 new entrants to the labor market each year, while growth of around 5% in large projects has yet to make industry a significant contributor to Iraq’s GDP. Read more: The rentier trap: Iraq’s existential reform race
https://www.shafaq.com/en/Economy/Iraq-s-industrial-output-trails-imports-despite-1-200-projects
News Posted by Tishwash at TNT Saturday 4-18-2026
TNT:
Tishwash: The IMF and World Bank announce the resumption of relations with Venezuela.
In a pivotal move that strengthens the international legitimacy of the current government in Caracas, the International Monetary Fund and the World Bank announced on Thursday the resumption of their official relations with Venezuela, paving the way for broad financial and technical cooperation after a years-long rift.
Within hours of the announcement, the Venezuelan government confirmed the restoration of communication channels that had been frozen with the two international financial institutions since 2019.
TNT:
Tishwash: The IMF and World Bank announce the resumption of relations with Venezuela.
In a pivotal move that strengthens the international legitimacy of the current government in Caracas, the International Monetary Fund and the World Bank announced on Thursday the resumption of their official relations with Venezuela, paving the way for broad financial and technical cooperation after a years-long rift.
Within hours of the announcement, the Venezuelan government confirmed the restoration of communication channels that had been frozen with the two international financial institutions since 2019.
In an official statement, the Managing Director of the International Monetary Fund, Kristalina Georgieva, explained that the decision was "guided by the views of the Fund's members who represent a majority of the voting power," confirming that the Fund will henceforth deal with the Venezuelan government headed by interim President Delcy Rodriguez.
For its part, the World Bank followed the IMF's lead, announcing its official recognition of the Rodríguez government and the resumption of all dealings with it. This shift aims to enable both institutions to begin collecting official economic data, providing technical advice, and potentially offering direct financial support should Caracas request it.
In her first official comment, Delcy Rodríguez welcomed the move, saying in an interview on state television, "We are restoring Venezuela's legitimate rights within these international organizations." The IMF had conducted a survey among its members in recent days to gauge their stance on the legitimacy of Rodríguez's leadership before making its final decision.
This return comes after a long hiatus; relations had officially broken off in March 2019, when the IMF recognized the opposition that controlled parliament as the legitimate government of the country.
It is worth noting that the financial and economic gap between Venezuela and international institutions dates back to years before the recent political crisis; the last official assessment of the Venezuelan economy by the IMF dates back to 2004, while Caracas fully repaid its debts to the World Bank in 2007, before the relationship entered a prolonged period of stagnation. link
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Tishwash: Sudanese: The importance of supporting the private sector to be a key partner in building and scientific and economic development
Prime Minister Mohammed Shia al-Sudani affirmed on Saturday that the government will continue to implement projects to expand and develop the infrastructure of the education sector, which will positively impact the quality of education in Iraq.
This came during a visit by Al-Sudani to Al-Raqiya Intermediate Basic School in the capital, Baghdad, where he participated in the graduation ceremony of the current batch of students for the academic year.
The Prime Minister praised the great efforts made by educational staff in all schools across the country, stressing that the government gives special priority to the education sector within its reform and development plans.
He stressed that human development and providing a suitable educational environment are key priorities in the government’s work, along with supporting other development sectors and enhancing the role of the private sector as a partner in scientific and economic development, particularly in the educational field.
Al-Sudani also called for strengthening cooperation between families and educational institutions in order to prepare a generation that is aware and committed to societal values, stressing the importance of continuous monitoring of the educational process to achieve sustainable positive results link
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Tishwash: Sheikh Hamoudi: Iraq is on the verge of forming a new, strong government with a balanced vision.
The head of the Supreme Islamic Council, Sheikh Humam Hamoudi, confirmed on Thursday that Iraq is on the verge of forming a new, strong government with a balanced vision.
A statement issued by the Supreme Islamic Council, received by the Iraqi News Agency (INA), stated that "the President of the Supreme Islamic Council, Sheikh Humam Hamoudi, received the Japanese Ambassador to Baghdad, Akira Endo, and they discussed developments in the region, their global impact, the danger of the Zionist presence, the trends of the political process in Iraq, and opportunities to enhance cooperation between the two countries."
The statement added that, during the meeting, Sheikh Hamoudi stressed that “(Israel) is a rogue, extremist entity that does not believe in dialogue at all,” calling on the countries of the region to bear responsibility for their security with an integrated economic security vision,” noting “the need for Japan to take its role in building understandings in the Middle East, given its influence and being influenced by events.”
Sheikh Hamoudi stressed "Iraq's keenness not to be a party to the region's conflicts but rather to its stability, especially as it is about to form a new, strong government with a balanced vision and open to everyone," calling on "Japan to seize investment opportunities and expand its presence in Iraq." link
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Maliki and Sudani resort to the 8/12 formula to resolve the prime ministerial candidate crisis.
Maliki and Sudani resort to the 8/12 formula to resolve the prime ministerial candidate crisis.
A source within the Coordination Framework revealed the nature of the initial understandings reached regarding the selection of the next prime minister, explaining that the candidate who secures two-thirds of the votes from the Framework's leaders will win the position. This requires time to finalize this preliminary agreement.
This comes against the backdrop of understandings reached among the Framework's leaders regarding the premiership, which led to the postponement of a crucial meeting until next Saturday.
A source close to the Framework stated that "the Framework's leaders agreed to postpone the meeting, which was supposed to be held Wednesday evening, until Saturday, after reaching important understandings." The source added that "the new understandings require more time to decide on the prime ministership."
Regarding the nature of these understandings, the source revealed that "the initial understandings between the Framework's most prominent candidates, Nouri al-Maliki, leader of the State of Law Coalition, and caretaker Prime Minister Mohammed Shia al-Sudani, which prompted the postponement of the meeting, stipulate that whoever obtains the support of 8 out of 12 leaders from the Shia political bloc will proceed unanimously once the remaining two-thirds are automatically joined, thus securing the premiership." link
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Tishwash: Sudani: Iraq is no longer a battleground... a new partnership with Washington and billions of dollars in investment.
Prime Minister Mohammed Shia al-Sudani published an article in the American magazine Newsweek on April 17, in which he reviewed the most prominent features of the political and economic stage in Iraq, and the government’s vision to enhance internal stability and redefine international relations, especially with the United States.
Al-Sudani stressed that the election result represented a popular mandate for a difficult but necessary path to maintain Iraq’s stability in light of a very dangerous regional phase, and to build stronger institutional foundations and long-term economic renewal.
He noted that over the past two and a half years, and during three waves of regional escalation, his government had managed to keep Iraq out of the war, protect international personnel on its territory, and maintain the cohesion of the state.
He explained that the government brought companies such as ExxonMobil, Chevron, BP and GE Vernova back to Iraq through new commitments in the energy sector worth billions of dollars, in addition to attracting more than $100 billion in investments.
He explained that the current moment is the most appropriate to redefine Iraq’s relationship with the United States, noting that Iraq has always been viewed in Washington through the lens of crises, war and terrorism, while today it is a country that has proven its ability to withstand enormous pressure.
Al-Sudani spoke about the challenges his government has faced since the outbreak of the war in Gaza in October 2023, stressing that the goal was to prevent Iraq from being dragged into a conflict that was not of its choice, despite increasing pressure and escalation from multiple parties.
He added that the government has acted through direct engagement, issuing security directives and continuous political management to prevent Iraqi territory from becoming an open arena for regional war, while maintaining a firm objective of containing escalation and protecting stability.
He stressed that this position represents an exercise of sovereignty, noting that Iraq is more aware than others of the cost of becoming an arena for settling scores between others.
On the security front, he pointed out that the Popular Mobilization Forces were formed in response to the threat of ISIS, and that the government strengthened oversight and directed resources through official institutions, while refusing to turn exceptional arrangements into permanent alternatives to the state.
On the economic front, he affirmed that Iraq has rebuilt its economic position, with the return of major companies to develop oil fields and energy projects, in addition to the implementation of strategic projects such as the Total Energies and Qatar Energy project in Basra.
He stressed that Iraq has become more competitive and more attractive for investment, thanks to improved contractual terms, restored confidence, and the creation of a favorable environment for long-term investment.
He explained that Iraq possesses the fifth largest oil reserves in the world and is located in an important strategic location, which calls for dealing with it as a strategic opportunity in American policy.
He also stressed that Iraq’s partnerships will remain diverse, with continued cooperation with China alongside the United States, Europe, Turkey and the Gulf States, noting that Iraq’s geographical location and balanced relationships represent a strategic strength.
He touched on the development road project, which will make Iraq an important trade corridor and a bridge for trade, energy and diplomacy, instead of being an arena for conflict.
Al-Sudani called on the United States to adopt a more mature strategic framework towards Iraq, especially in the economic field, while protecting and encouraging American investments.
He also stressed the importance of developing the security sector, enhancing intelligence cooperation, and combating terrorism, in order to support the state’s long-term capabilities.
He concluded by emphasizing that Iraq is working to strengthen its institutions, diversify its economy, and resolve the relationship between the state and armed groups in favor of the state, noting that what Iraq is proposing is based on partnership, interests, and mutual respect, and that the opportunity is available to build a more stable and interconnected future in the region. link