“New PM and More” Posted by Tishwash at TNT 4-28-2026

TNT:

Tishwash:  Maliki and Sudani agree to pass Ali al-Zaidi as a compromise candidate

Political sources revealed on Monday that Nouri al-Maliki, head of the State of Law Coalition, and Prime Minister Mohammed Shia al-Sudani, agreed to nominate Ali al-Zidi as a compromise candidate for the premiership.

The sources said that "Al-Zaydi enjoys extensive relations with all the leaders of the coordination framework, in addition to his relationship with the private office of the leader of the Sadrist movement, Muqtada al-Sadr."

She added that "Al-Zaydi may face difficulties in forming the government and getting it passed in parliament after he is appointed."

She indicated that “Al-Zidi’s nomination came after the head of the Popular Mobilization Forces, Faleh Al-Fayyad, hosted two meetings during the past 24 hours with Prime Minister Mohammed Shia Al-Sudani and the head of the State of Law Coalition, Nouri Al-Maliki, for the purpose of deciding on the position,” explaining that “the first meeting was held yesterday, and the second was held this afternoon, during which a final agreement was reached on naming the candidate for the position of Prime Minister.”  link

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Tishwash:  The coordinating framework officially nominates Ali al-Zaidi for the position of Prime Minister.

The Coordination Framework announced Monday evening its selection of Ali al-Zaidi as the next prime minister.

A statement from the Framework read, "The Coordination Framework held its important meeting today, Monday, at the Government Palace in Baghdad, a symbolic representation of the continuity of state institutions and the seat of the executive authority emanating from the will of the Iraqi people."

At the outset of the meeting, the Framework's leaders, according to the statement, commended "the national and responsible performance of the government of Prime Minister Mohammed Shia al-Sudani during its three and a half years in confronting economic, regional, and international challenges, and the achievements of the government program, particularly in the area of ​​development and restoring the Iraqi citizen's confidence in their political and electoral system, which was clearly demonstrated by the broad participation in the recent parliamentary elections."

The Coordination Framework also commended "the responsible and historic stances of Nouri al-Maliki, head of the State of Law Coalition, and Mohammed Shia al-Sudani, head of the Reconstruction and Development Coalition, in withdrawing their candidacies for the premiership and the formation of the next government. This step underscores their commitment to the supreme national interests, facilitates overcoming the political deadlock, and allows the Coordination Framework to select a candidate who meets the required qualifications for the position of Prime Minister and is suited to the demands and challenges of this stage."

The statement continued, "After reviewing the candidates' names, Mr. Ali al-Zidi was chosen as the Coordination Framework's candidate, being the largest bloc in the Council of Representatives, to assume the position of Prime Minister and form the next government."  link

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Tishwash:  Al-Zaydi: We will form a government that responds to the citizens' demands for establishing security and stability.

Prime Minister-designate Ali al-Zidi affirmed on Monday (April 27, 2026) his intention to work with all political forces to form a new government that responds to the demands of citizens and contributes to consolidating security and stability and achieving comprehensive development in the country.

Al-Zaydi said in his first statement after being appointed, as reported by Baghdad Today, that “we are determined to work with various political forces to form a government capable of meeting the aspirations of Iraqis,” stressing the importance of national cooperation to overcome current challenges.

Al-Zaydi’s statement comes after he was officially tasked by the President of the Republic with forming the new government, following his nomination by the largest parliamentary bloc within the House of Representatives.     link

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Rumors are putting pressure on the currency market and disrupting prices.

The exchange rate of the dollar against the Iraqi dinar continues to rise, despite recent developments in the Middle East region. Economic experts attribute this to a set of overlapping internal and external factors, most notably increased demand and speculation in the market, in addition to regional tensions and regulatory measures.

Economic expert Walid Al-Agili said that the rise in the dollar is mainly due to increased demand for it, explaining that “speculation and rumors in the market play a major role in raising the price, as some traders and money changers stockpile dollars with the aim of selling them later at a higher price.”

He added that the spread of unconfirmed news about regional situations, such as talk of continued tensions or the closure of some trade routes, is driving individuals and traders to buy dollars as a hedge, exacerbating pressure on the market. Al-Agili pointed out that restrictions on foreign transfers and tightened financial procedures have also contributed to reducing the official supply of dollars, pushing some of the demand into the parallel market and thus driving up prices.

For his part, Professor of International Economics Nawar Al-Saadi explained that the political fluctuations in Iraq and the region are directly reflected in the exchange market, indicating that “the recent regional tensions have brought back a state of uncertainty to the markets, which has led to an increase in demand for the dollar globally and locally as a safe haven currency.”

He added that the heavy reliance on oil as a primary source of foreign currency makes the Iraqi economy more sensitive to any disruptions or concerns regarding its flows.

In conclusion, experts believe that the continued rise of the dollar is not linked to a single factor, but rather is the result of an interaction between local speculation, increasing demand, regional conditions, in addition to financial policies and regulatory procedures within the country.  link

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Tishwash:  Government options to address the 2026 budget delay: borrowing or an emergency law similar to the food security law.

 The Parliamentary Finance Committee revealed several options available to the government to address the delay in approving the 2026 budget, primarily resorting to borrowing laws or enacting an emergency law similar to the Food Security Law.

Committee member Jamal Kojar told the official newspaper, “There are several alternatives if the budget is delayed, including resorting to borrowing as happened in 2021, or enacting a law similar to the Food Security Law. However, this depends on the government’s needs and the level of coordination between it and the Parliament.”

He explained that “the current government is operating in a caretaker capacity and does not have the authority to submit major financial bills independently, which necessitates direct coordination with Parliament if borrowing or enacting exceptional laws is required.”

Kojar indicated that “the government can continue spending according to the (1/12) rule of the operational budget, which ensures the continued payment of employee salaries without the need for new legislation, except in some special cases such as including new contracts after 2025.”

He pointed out that “the option of borrowing is also linked to the speed with which the new government is formed. If this matter is resolved within the constitutional timeframe, the House of Representatives should exert pressure on the government to submit the draft budget law as quickly as possible, given its importance in regulating the state’s financial management, including appointments, transfers, and the allocation of spending.”

He emphasized that “the House of Representatives cannot legislate laws of a financial nature without coordination with the government, and the previous food security law was enacted at the request and with the approval of the executive branch.” He noted that “Parliament is capable of supporting the government by passing emergency laws when necessary, whether through a borrowing law or a law similar to the food security law, but there has been no official request in this regard so far.”

Kujer stressed that “there is no intention to adopt a three-year budget again, and the country will return to the usual annual budget system,” affirming that “any future steps will remain contingent on the government’s request and its actual needs.”  link

Iraq Economic News And Points To Ponder Monday Evening 4-27-26

The Coordinating Framework Nominates Ali Al-Zidi For The Premiership

 latest news  Monday,  April 27, 2026   Baghdad – One News    A statement from the Coordination Framework indicated that Ali al-Zidi has been nominated to head the next government, in a move aimed at resolving the executive entitlement during the current political phase.

 The framework also praised the work done by the government of Prime Minister Mohammed Shia al-Sudani during the past three and a half years, describing its performance as “patriotic and responsible” in the face of economic, regional and international challenges.

In the same context, the Coordination Framework praised what it described as the “historic and responsible” positions of both the head of the State of Law Coalition, Nouri al-Maliki, and the head of the Reconstruction and Development Coalition, Muhammad Shia al-Sudani, through their withdrawal from running for the next government.

 https://1news-iq.net/الإطار-التنسيقي-يرشح-علي-الزيدي-لرئاس/

Baghdad – One News  4/27/2026

 Sources told Lawan News that the forces of the Coordination Framework will hold a meeting today at the Government Palace with the aim of definitively deciding on the Prime Minister candidate. 

According to the sources, a preliminary agreement has been reached to nominate businessman and owner of the South Bank, Ali al-Zaydi, to assume the position of Prime Minister, amid intensive efforts to end the political deadlock in the coming hours.   https://1news-iq.net/رجل-الأعمال-علي-الزيدي-مرشح-الإطار-لرئ/

Who Is Ali Al-Zaidi, The Coordination Framework's Candidate For Prime Minister?

 latest news  Monday, April 27, 2026   Baghdad – One News     4/27/2026   He obtained a Bachelor of Laws, a Bachelor of Finance and Banking, in addition to a Master of Finance and Banking, in an academic path that combines legal knowledge and financial specialization, which qualifies him to deal with governance, legislation, investment, financial management and economic development files in an integrated manner. 

He served as Chairman of the Board of Directors of the Bank of the South for several years, during which he gained experience in banking management and financial governance, monitoring credit and investment policies, and risk management, in addition to working to enhance confidence in the banking sector.

 He also served as Chairman of the University’s Board of Directors, where he worked to develop higher education and link it to the needs of the labor market, emphasizing the importance of education in building the modern state, preparing young leaders, and supporting the knowledge economy. https://1news-iq.net/من-هو-علي-الزيدي-مرشح-الإطار-التنسيقي-ل/

Sunni Blocs Back Al-Zaidi Nomination For Iraq Premiership

2026-04-27 / 13:54   Shafaq News- Baghdad   On Monday, Iraqi Sunni political blocs, within the National Sunni Council, welcomed the nomination of Ali Al-Zaidi as the new prime minister, after the presidency formally tasked him with forming a government. 

Al-Azm Alliance, led by Muthanna Al-Samarrai, considered the nomination a step toward completing constitutional requirements, expressing support for moving ahead with forming the new cabinet within constitutional timelines. The alliance also pointed to the “need for continued cooperation among political forces to ensure stability and strengthen state institutions.”

Former Parliament Speaker and leader of the Taqaddum Alliance, Mohammed Al-Halbousi, said that he “fully supports” the nomination, adding that he hopes for the formation of a “strong government capable of addressing challenges, meeting current needs, and strengthening Iraq’s ties with its Arab and Islamic surroundings.”

 The Sovereignty Alliance (Al-Siyada), led by Khamis Al-Khanjar, stated that the current phase requires reinforcing genuine national partnership and adhering to political agreements to ensure stability, advance reforms, improve services, address economic challenges, and strengthen the rule of law, including restricting weapons to state control.

 Earlier today, the Coordination Framework, the largest bloc with about 162 of parliament’s 329 seats, selected Al-Zaidi after State of Law leader Nouri Al-Maliki and caretaker Prime Minister Mohammed Shia Al-Sudani, who heads the Reconstruction and Development (Al-Ima'ar wal-Tanmiya) Coalition, withdrew from the race.

 Read more: Who is Ali al-Zaidi? The businessman tapped for Iraq's premiership

 https://shafaq.com/en/Iraq/Sunni-blocs-back-Al-Zaidi-nomination-for-Iraq-premiership

Diplomatic official: Two phases of US sanctions begin with halting dollar transactions and could extend to freezing Iraqi Funds

Baghdad – One News    4/27/2026  A diplomatic official revealed specific details regarding two phases of potential US sanctions on Iraq, within the framework of what is known as the “red alert”.

 He explained that the first phase involves completely halting dollar transfers, noting that Iraqi oil revenues have been deposited into an account at the Federal Reserve Bank of New York since 2003. He indicated that these funds had not been sent to Iraq for approximately four months for various reasons, before the White House officially suspended their transfer three weeks ago. 

He pointed out that the second phase involves freezing all Iraqi funds, explaining that Iraq has two accounts in the United States, one at the Federal Reserve Bank and the other at JPMorgan Chase, with warnings that Washington may freeze these assets in both banks. https://1news-iq.net/مسؤول-دبلوماسي-مرحلتان-من-العقوبات-ال/

The President Of The Republic Tasks The Framework Candidate, Ali Al-Zidi, With Forming The New Government: This Entitlement Can No Longer Be Delayed

Baghdad – One News        4/27/2026   President Nizar Amidi announced, based on his constitutional responsibilities, the assignment of the candidate of the largest parliamentary bloc, Ali al-Zidi, to form the new government, stressing that this measure represents the completion of the third stage of the constitutional entitlement that can no longer be delayed. 

The President expressed his hope that al-Zaydi would be able to form a strong national government that represents all Iraqis and meets their aspirations, calling on all political forces to support him and cooperate with him to expedite the completion of the constitutional and national entitlement in a way that serves the interest of Iraq and its people. 

The ceremony was attended by Speaker of Parliament Mohammed al-Halbousi and a number of political leaders and leaders of the coordination framework, where the handover of the letter of appointment took place in an official atmosphere reflecting the completion of the constitutional process for naming the candidate. https://1news-iq.net/رئيس-الجمهورية-يكلف-مرشح-الإطار-علي-ال/

Washington: We Will Confront Iran's Destabilizing Activities In Iraq And Demand That Baghdad Dismantle The Militias

Baghdad – One News    4/27/2026  Fox News quoted a State Department spokesman as saying that the United States would take “all necessary measures” to counter what he called “Iran’s destabilizing activities in Iraq,” stressing that Washington would act to protect its interests from militias he said were “backed by Iran.” 

The spokesman added that his country would continue to express clearly its concern about what he considered the Iraqi government's failure to prevent the attacks, noting that the continuation of these attacks negatively impacts relations between Washington and Baghdad. 

The US State Department stressed that it expects the Iraqi government to take serious steps to dismantle Iranian-backed militias within the country, considering that the lack of control over these groups represents a direct threat to regional stability and bilateral relations. https://1news-iq.net/واشنطن-سنواجه-أنشطة-إيران-المزعزعة-في/

Qusay Mahbouba: What We Warned About A Year Ago Has Now Happened, And Washington Has Informed The Coordinating Framework That It Is An “Adversary, Not An Ally”

Baghdad – One News  4/27/2026   The head of the Amarji Party in the Reconstruction and Development Coalition, Qusay Mahbouba, confirmed that what he had been warning about for more than a year has come to pass today, noting that the American government has begun to bare its fangs and is directing a clear message to the Shiite coordination framework that does not accept interpretation, the meaning of which is that you are enemies of the United States and are not friends or allies. 

Mahbouba added that those with ambiguous and indecisive positions within the Shiite framework, who imagined that the American classification or pressures would not include them, are now facing a completely different reality. 

He explained that there is a big difference between sitting at the table and being a meal at it, considering that the Shiite framework has now become a direct target within the American pressure strategy. 

https://1news-iq.net/قصي-محبوبة-ما-حذرنا-منه-قبل-عام-وقع-الآ/

Constitutional Timelines… The State's Safety Valve, According To Judge Faiq Zaidan

Baghdad – One News   Constitutional timelines represent one of the most important pillars of constitutional protection, serving as the binding framework that regulates the work of the authorities and ensures the stability of the political system, preventing improvisation or the arbitrary transfer of power.

In this context, the emphasis placed by the President of the Supreme Judicial Council, Judge Faiq Zaidan, is significant, as he stressed that respecting these timelines is not merely a formality, but rather the very essence of the constitution's philosophy and the rule of law. 

Exceeding constitutional deadlines cannot be viewed as a mere procedural error; rather, it constitutes a direct attack on the foundations of the legal system, opening the door to an imbalance of power and weakening the authority of the constitutional text. The constitution, in its essence, is not simply a document, but a social contract that defines the course of political action and regulates its pace. 

Judge Zeidan warns that neglecting these deadlines undermines public trust in institutions and threatens popular acceptance of the entire political system, especially given the challenges facing countries with emerging democracies. Public trust is not built on slogans, but on strict adherence to constitutional principles. 

Adherence to the specified deadlines also prevents legal vacuums or power struggles that political solutions may later be unable to contain, making respect for constitutional timelines a preventive tool to protect the state from crises before they occur. 

Hence, the need arises to establish a mature political culture that respects constitutional texts and refrains from attempts to circumvent them to achieve narrow gains, as a stable state cannot be built without a political awareness that believes in the sanctity of the constitution. 

Judge Zeidan’s warnings stem from the judiciary’s position as the faithful guardian of the constitution, and the entity that stands at an equal distance from all parties, far from political rivalries, which gives these warnings a national and legal dimension of great importance. 

In light of the current transformations, protecting constitutional timelines remains the primary guarantee to prevent the state from sliding into chaos or instability, while adherence to the constitution and responding to the warnings of the judiciary represents the only way to build a state of solid institutions based on law, not on temporary agreements.

 https://1news-iq.net/التوقيتات-الدستورية-صمام-أمان-الدول/

Seeds of Wisdom RV and Economics Updates Monday Evening 4-27-26

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Peace Proposal Emerges: Iran Pushes Deal as Energy Crisis and Regional Tensions Intensify

New Iran-backed proposal to reopen critical oil routes signals potential turning point, even as conflict and internal pressures escalate

 OVERVIEW (KEY POINTS)

Iran has submitted a new peace proposal to the United States through Pakistani mediation, aiming to reopen the Strait of Hormuz and reduce escalating regional tensions. The proposal focuses on immediate de-escalation while delaying more contentious issues.

This is happening now as the ongoing conflict has severely disrupted global energy flows, pushing oil prices higher and increasing pressure on both regional and global economies.

Key players include Iran, the United States, Pakistan as mediator, and regional powers such as the UAE, all navigating a rapidly evolving geopolitical landscape.

The broader implication is clear: any agreement tied to the Strait of Hormuz directly impacts global financial stability, making this proposal highly relevant to systemic risk and potential financial reset dynamics.

KEY DEVELOPMENTS

1. Iran Proposes Deal to Reopen Strait of Hormuz

A major diplomatic move aimed at stabilizing energy flows.

• Proposal delivered via Pakistani intermediaries

• Focuses on reopening a route handling ~20% of global oil supply

2. Nuclear Talks Deferred to Advance Negotiations

Iran is shifting strategy to accelerate progress.

• Suggests postponing nuclear discussions to later phases

• Prioritizes immediate de-escalation and trade flow restoration

3. Energy Markets React to Ongoing Disruption

Global supply concerns remain elevated.

• Strait restrictions have already pushed oil prices higher

• Shipping and trade flows remain partially constrained

4. Regional Realignment Accelerates

Alliances are shifting under pressure.

• Iran strengthening ties with Russia and regional actors

• Gulf states reassessing security and economic partnerships

5. Internal Pressure Builds Inside Iran

Domestic conditions add complexity.

• Leadership balancing external negotiations and internal stability

• Crackdowns and internal control measures signal heightened tension

 WHY IT MATTERS

This development highlights how geopolitical negotiations are now directly tied to global financial stability, particularly when energy supply routes are involved.

Markets are highly sensitive to the Strait of Hormuz, meaning any disruption—or reopening—can rapidly influence oil prices, inflation, and global trade flows.

For policymakers, the situation presents a narrow path: securing stability without conceding strategic leverage. Misalignment could prolong volatility.

At the system level, this reinforces a key trend: energy chokepoints are becoming central to financial system stress and transformation.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Energy price swings impact currency strength globally

• Inflation pressures reduce purchasing power

• Safe-haven currencies may strengthen during uncertainty

• Exchange rate volatility increases with geopolitical risk

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Energy Route Control as Financial Leverage

Control over the Strait of Hormuz underscores how physical trade routes influence global financial systems, reinforcing resource-based power.

• Pillar 2: Negotiated Transition vs. Forced Disruption

The proposal reflects a potential shift toward managed de-escalation, but failure could accelerate disorder and systemic stress.

 CONCLUSION

Iran’s proposal represents a critical inflection point, where diplomacy and energy security intersect with global financial stability.

While the outcome remains uncertain, the stakes are clear: reopening key trade routes could ease pressure, while continued disruption risks deeper instability.

This is not just a regional issue—it is a global financial trigger point tied directly to energy flow and geopolitical alignment.

When control of energy routes becomes a negotiating tool, the global financial system is directly in play.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "US reviews latest Iranian proposal to end war stalemate"

• Associated Press — "Iran offers to reopen Strait of Hormuz if US lifts blockade"

~~~~~~~~~~

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Seeds of Wisdom RV and Economics Updates Monday Afternoon 4-27-26

 Good Afternoon Dinar Recaps,

Indonesia Shift: Oil Deal and De-Dollarization Signal BRICS Power Play

Indonesia’s move toward Russian energy and local currency trade is accelerating structural changes in global finance and trade systems

 OVERVIEW (KEY POINTS)

Indonesia, a newer BRICS member, is making two major moves simultaneously: pursuing Russian oil imports and expanding its de-dollarization framework. Together, these actions reflect a coordinated shift in both energy sourcing and financial systems.

This is happening now because Indonesia faces a widening gap between domestic oil production and rising demand, while also seeking to reduce reliance on the U.S. dollar in trade settlements.

Key players include Indonesia, Russia, and the broader BRICS bloc, all working within a framework that emphasizes resource access and currency independence.

The broader implication is clear: energy trade and currency systems are being restructured in parallel, reinforcing long-term shifts away from traditional Western-dominated frameworks.

KEY DEVELOPMENTS

1. Indonesia Moves to Import Russian Oil

Energy demand is driving new trade alignment.

• Domestic production at 600,000 barrels/day vs. 1.6 million consumption

• Russia positioned as a key supplier to bridge the gap

2. BRICS Expands Control Over Energy Flows

The bloc’s influence in oil markets continues to grow.

• BRICS nations control roughly 45% of global oil supply

• Strengthens leverage in global pricing and trade negotiations

3. De-Dollarization Framework Gains Traction

Indonesia is scaling local currency usage.

• Local currency transactions surged 163% year-over-year

• Reached $8.45 billion in early 2026

4. Businesses Shift Away from the U.S. Dollar

Adoption is expanding beyond policy into practice.

• Companies increasingly settling trade in local currencies

• Reduces transaction costs and dollar dependency

5. Indonesia Emerges as a BRICS Blueprint

The country is setting a model for others.

• Demonstrates how to operationalize de-dollarization at scale

• Provides a working example for future BRICS integration

WHY IT MATTERS

This development highlights a dual-track transformation in the global system: energy supply chains and financial infrastructure are evolving together.

Markets are influenced not just by supply and demand, but by how trade is settled and financed. Shifting away from the dollar introduces new dynamics in liquidity and pricing.

For policymakers, this creates both opportunity and risk. Reducing dollar reliance increases autonomy but also introduces volatility and structural challenges.

At the system level, this signals movement toward a more multipolar financial architecture, where trade flows and currency systems are less centralized.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Local currencies may gain relevance in trade settlements

• Dollar dominance may gradually weaken over time

• Purchasing power may shift depending on currency exposure

• Exchange rate volatility increases during transition periods

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Energy-Backed Trade Realignment

Securing oil through BRICS partnerships strengthens resource-based economic alliances, reducing reliance on traditional supply chains.

• Pillar 2: Gradual Currency System Transition

Indonesia’s model shows how de-dollarization can evolve incrementally through real-world adoption, not just policy declarations.

CONCLUSION

Indonesia’s combined strategy of reshaping energy imports and reducing dollar dependence represents a meaningful step in the broader evolution of global systems.

While the U.S. dollar remains dominant for now, these shifts highlight how structural alternatives are being built in parallel, gaining traction over time.

This is not a sudden break from the current system—but a gradual reconfiguration of how trade and finance operate globally.

When energy flows and currency systems shift together, the foundation of global finance begins to change.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — "Indonesia to Start Buying Oil From BRICS Member Russia"

• Watcher.Guru — "Indonesia’s De-Dollarization Success: A New Blueprint for BRICS"

~~~~~~~~~~

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Iraq Economic News And Points To Ponder Monday Afternoon 4-27-26

Oil Prices Jump 2% On Stalled Iran-US Negotiations

2026-04-27 Shafaq News  Oil prices extended gains on Monday, rising nearly 2% as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

Brent crude futures rose $2.16, or 2.05%, to $107.49 a barrel by 2346 GMT, the highest since April 7, and U.S. West Texas Intermediate was at $96.17 a barrel, up $1.77, or 1.88%.

Last ⁠week, Brent and WTI gained nearly 17% and 13%, respectively, the biggest weekly gains since the start of the war.

Hopes of reviving peace efforts receded during the weekend when U.S. President Donald Trump scrapped a planned trip to Islamabad by his envoys Steve Witkoff and Jared Kushner, even as Iranian Foreign Minister Abbas Araqchi arrived In Pakistan.

"This move puts the ball squarely back in Iran’s court, and the clock is now ticking loudly," IG market analyst Tony Sycamore said in a note, adding ⁠that Tehran may be forced to shut production at its aging oil fields when it runs out of storage capacity.

Tehran has largely closed the strait while Washington has imposed a blockade of Iran's ports. Traffic through the Strait of Hormuz remained limited, with just ⁠one oil products tanker entering the Gulf on Sunday, shipping data from Kpler showed.

Goldman Sachs raised its oil price forecasts for the fourth quarter to $90 a barrel for Brent crude and $83 for ⁠WTI citing reduced output from the Middle East.

"The economic risks are larger than our crude base case alone suggests because of the net upside risks to oil ⁠prices, unusually high refined product prices, products shortages risks, and the unprecedented scale of the shock," GS analysts led by Daan Struyven said in an April 26 note.  (Reuters) https://www.shafaq.com/en/Economy/Oil-prices-jump-2-on-stalled-Iran-US-negotiations

Iraq Holds Fifth Spot In 2025 Global Crude Output

2026-04-27 Shafaq News- Washington   Iraq ranked fifth among the world’s top oil producers in 2025 with output of 4.39 million barrels per day (bpd), the US Energy Information Administration (EIA) reported on Monday.

Global oil production is highly concentrated, with just five countries accounting for roughly half of total output. The United States remained the world’s largest producer at 13.58 million bpd in 2025, followed by Russia at 9.87 million bpd and Saudi Arabia at about 9.51 million bpd. Together, the three countries accounted for nearly 39% of global crude production.

Canada ranked fourth, while Iraq followed, maintaining its position as one of the key suppliers in the global oil market. China came in sixth place. In total, the top ten oil-producing countries represented more than 72% of global output, while the remainder was distributed across dozens of smaller producers.

Regionally, the Middle East continued to dominate production, contributing around 32% of global output. Five countries from the region —Saudi Arabia, Iraq, Iran, the United Arab Emirates, and Kuwait— featured among the world’s top ten producers.

The data also pointed to growing uncertainty around energy flows in 2026, particularly amid tensions involving the United States and Iran, and the closure of the Strait of Hormuz, a critical passage for global oil shipments.

https://www.shafaq.com/en/Economy/Iraq-holds-fifth-spot-in-2025-global-crude-output

Gold Climbs On Potential US-Iran De-Escalation

2026-04-27 Shafaq News   Gold edged higher on Monday, supported by a softer dollar as a report of a new proposal by Iran to end the war with the U.S. raised hopes of a de-escalation in the Middle East conflict.

Spot gold was up 0.4% at $4,726.62 per ounce, as of 0407 GMT. Last week, the metal fell 2.5% to snap a four-week winning streak.

U.S. gold futures for June delivery ⁠were steady at $4,742.

Lending support to bullion, the dollar eased after a report said that Iran through Pakistani mediators gave the U.S. a new proposal on reopening the Strait of Hormuz and ending the war.

"We're just sort of watching now whether there's progress in the (U.S.-Iran) talks at all in the coming days and that's going to be the biggest driver for gold," said Kyle Rodda, a senior financial market analyst at Capital.com.

U.S. President Donald Trump said on Sunday that Iran could telephone if it wants to negotiate an end to their two-month war and stressed it can ⁠never have a nuclear weapon.

Trump cancelled a trip by two U.S. envoys to Iran war mediator Pakistan on Saturday, dealing a setback to peace prospects.

Oil prices rose as the stalled peace talks prolonged the disruption of Middle East energy exports.

Higher crude oil prices can stoke inflation by raising transportation and production costs, ⁠increasing the likelihood of higher interest rates.

While gold is considered an inflation hedge, high interest rates make yield-bearing assets more attractive, weighing on its appeal.

Investors now await the U.S. Federal Reserve's interest rate decision ⁠on Wednesday.

"It could either be a support to gold or an increased headwind, depending on if the Fed sort of indicates whether it sees itself potentially keeping policy unchanged for the ⁠rest of the year because of the inflationary impacts of the energy crisis," said Rodda.

Spot silver rose 1% to $76.45 per ounce, platinum gained 0.7% to $2,025.20, while palladium was down 0.2% at $1,493.50.   (Reuters)https://www.shafaq.com/en/Economy/Gold-climbs-on-potential-US-Iran-de-escalation

US Dollar Drops In Baghdad And Erbil Markets

2026-04-27 Shafaq News- Baghdad/ Erbil   The US dollar opened Monday's trading lower in Iraq at around 155,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,900 dinars per 100 dollars, down from the previous session’s 155,500 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,500 dinars and bought it at 154,500 dinars, while in Erbil, selling prices stood at 154,650 dinars and buying prices at 154,550 dinars.

https://www.shafaq.com/en/Economy/US-dollar-drops-in-Baghdad-and-Erbil-markets-0

Gold Prices Fall In Baghdad And Erbil

2026-04-27 Shafaq News- Baghdad/ Erbil   On Monday, gold prices hovered around 1.025 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 1.025 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.021 million IQD. The same gold had sold for 1.031 million IQD on Sunday.

The selling price for 21-carat Iraqi gold stood at 995,000 IQD, while the buying price reached 991,000 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 1.060 million IQD per mithqal, 21-carat gold at 1.013 million IQD, and 18-carat gold at 867,000 IQD.    https://www.shafaq.com/en/Economy/Gold-prices-fall-in-Baghdad-and-Erbil-2

MilitaMan & CREW IRAQ DINAR UPDATE-Clear Signals of Progress-Al Sudani Leadership-3 years of Results-REER

MilitaMan & CREW IRAQ DINAR UPDATE-Clear Signals of Progress-Al Sudani Leadership-3 years of Results-REER

4-26-2026

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

No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.

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

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

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

Seeds of Wisdom RV and Economics Updates Monday Morning 4-27-26

Good Morning Dinar Recaps,

Oil Shock Deepens: Failed Talks Drive Prices Higher and Global Risk Escalates

Breakdown in U.S.–Iran negotiations pushes oil above $100, intensifying inflation pressure and threatening global financial stability

OVERVIEW (KEY POINTS)

Global markets are reacting sharply as U.S.–Iran peace talks stall, sending oil prices surging and increasing fears of prolonged supply disruption. The breakdown in diplomacy is reinforcing uncertainty across energy and financial systems.

This is happening now because the Strait of Hormuz remains heavily restricted, limiting a critical flow of global oil supply. At the same time, geopolitical tensions continue to rise, preventing stabilization of energy markets.

Key players include the United States, Iran, global energy producers, and financial institutions adjusting to higher oil prices and elevated geopolitical risk.

The broader implication is clear: energy-driven shocks are feeding directly into inflation, currency volatility, and systemic financial stress, accelerating conditions associated with a potential global reset.

KEY DEVELOPMENTS

1. Oil Prices Surge Above $100

Energy markets are tightening rapidly.

• Brent crude climbed above $106 per barrel

• Largest weekly gains since conflict escalation

2. U.S.–Iran Talks Collapse

Diplomatic efforts have stalled.

• Planned negotiations canceled amid rising tensions

• Increased risk of prolonged conflict and supply disruption

3. Strait of Hormuz Remains Constrained

Critical energy route still restricted.

• Limited shipping activity reducing global oil availability

• Route typically handles about 20% of global supply

4. Global Energy Shortage Risk Rising

Warnings from industry leaders intensify.

• Concerns over prolonged shortages, especially in Asia

• Ongoing disruptions impacting gas and oil flows simultaneously

5. Inflation and Economic Pressure Build

Energy costs are feeding into broader markets.

• Rising oil prices increasing inflation expectations globally

• Businesses warning of higher input costs and margin pressure

WHY IT MATTERS

This development highlights how energy supply disruptions can rapidly destabilize global financial systems. Oil is a foundational input across economies, and price spikes ripple through nearly every sector.

Markets are responding with increased volatility across commodities, equities, and currencies, reflecting uncertainty about future supply and geopolitical stability.

For policymakers, rising energy costs complicate monetary decisions. Central banks must now balance inflation control with slowing economic growth, increasing the risk of policy missteps.

At the system level, this reinforces a key trend: external geopolitical shocks are becoming primary drivers of financial conditions, not just economic fundamentals.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Energy-importing currencies may weaken as costs surge

• Purchasing power declines due to rising inflation

• Safe-haven currencies may strengthen during uncertainty

• Exchange rate volatility increases across global markets

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Energy as a Systemic Pressure Point

The surge in oil prices reinforces the role of energy supply as a core driver of financial stability, increasing the likelihood of structural adjustments.

• Pillar 2: Acceleration of Economic Realignment

Persistent disruption is pushing economies toward diversification of supply chains and alternative financial arrangements, reshaping global trade dynamics.

CONCLUSION

The breakdown in U.S.–Iran negotiations marks a critical escalation point, with immediate consequences for energy markets and global financial stability.

As oil prices rise and supply remains constrained, the pressure is spreading across economies, increasing inflation and financial volatility.

This is not a temporary disruption—it reflects a broader shift where geopolitical instability is directly reshaping economic outcomes.

When energy supply becomes uncertain, the entire global financial system moves closer to structural change.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Oil jumps as U.S.-Iran peace talks stall"

• Reuters — "Macron pushes to reopen Strait of Hormuz amid energy fears"

~~~~~~~~~~ 

A Message to Our Currency Holders

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

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

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

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

That is not your failure.

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

Instead, we focus on:

• Verifiable developments • Institutional evidence

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

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Monday Morning 4-27-26

The President Of The Republic Affirms To The Governor Of The Central Bank The Necessity Of Strengthening The Dinar And Continuing Reforms.  

President Nizar Amidi emphasized to the Governor of the Central Bank of Iraq, Ali Al-Alaq, on Saturday the necessity of strengthening the Iraqi dinar and continuing reforms. A statement from the Presidency indicated that Amidi "received the Governor of the Central Bank of Iraq, Ali Al-Alaq, at Baghdad Palace on Saturday, April 25, 2026, who offered his congratulations to the President on assuming the presidency."

The President expressed his "gratitude for the kind congratulations, stressing the importance of cooperation between monetary and financial institutions to support economic stability and achieve sustainable development."

Amidi also emphasized the need to strengthen the Iraqi dinar and continue reforms, noting that the Presidency supports the bank's monetary policies that contribute to improving the standard of living for citizens and stimulating growth in the country.     https://www.economy-news.net/content.php?id=68288

Iraq Was The Fifth Largest Importer Of Kuwaiti Non-Oil Exports In The Fourth Quarter Of 2025

Money and Business   Economy News – Baghdad   Iraq ranked fifth among the largest importing markets for Kuwaiti non-oil exports during the fourth quarter of 2025, with a value of approximately 51.37 million Kuwaiti dinars, continuing its position as one of Kuwait’s most prominent trading partners in the region.

According to a report issued by the Central Statistical Bureau in Kuwait, Kuwaiti non-oil exports recorded an annual growth of more than 25%, as their value increased from 580.3 million dinars to 726.6 million dinars during the same period.

The UAE topped the list of importing countries with a value of 184 million dinars and a record growth of 67.8%, followed by Saudi Arabia with a value of 95.06 million dinars and an increase of 31%, then India in third place with 87.4 million dinars despite its decline of 24.1%, while China came in fourth with 71.45 million dinars with a growth of 32.6%, and Iraq came in fifth.

The report showed that total Kuwaiti exports, including oil and its derivatives, amounted to 5.248 billion dinars during the fourth quarter of 2025, compared to 5.577 billion dinars in the same period of 2024, reflecting a decline in total exports.

Kuwaiti exports were distributed to 23 countries and major trading destinations, and included about 98 products within 21 sections, led by mineral products with a value of 4.52 billion dinars, driven by fuels, mineral oils and distillation products, followed by chemical industries with 194.8 million dinars, then transport equipment with 150.2 million dinars, and machinery and electrical appliances with about 115 million dinars, in addition to an increase in exports of natural pearls, precious stones and precious metals to 89.8 million dinars. https://www.economy-news.net/content.php?id=68391

Disruption Of The Strait Of Hormuz Is Reshaping Global Trade... And The "Path Of Development" Is A Strategic Option For Iraq.

Reports   Economy News – Baghdad   A British report highlighted the repercussions of the disruption to maritime traffic through the Strait of Hormuz, particularly energy exports, considering that what is happening is reshaping international trade priorities towards the search for alternative routes, including the Iraqi "Development Road" project.

A report by Amwaj Media stated that the Gulf states’ reliance for decades on a narrow and increasingly tense passage like the Strait of Hormuz was not a new phenomenon, but the scale of the current unrest and the speed of its impact have renewed interest in alternatives that go beyond traditional maritime chokepoints.

In this context, the report considered that the “Development Road,” which aims to link the Gulf to Europe via Iraq and Turkey, is no longer just a national development project, but has become an urgent strategic option within broader efforts to reshape trade and energy routes in a rapidly changing region.

He pointed out that the importance of this project is closely linked to the economic structure of Iraq, which depends on about 90% of its revenues on oil exports, most of which pass through the Strait of Hormuz, making any disruption in this passage a direct threat to the national economy.

Nevertheless, the report stressed that the success of the “Development Road” depends on its ability to integrate with and expand the Iraqi oil pipeline network, emphasizing that geography alone is not enough, but rather requires a stable political and security environment that allows the geographical location to be transformed into an effective corridor for both energy and trade.

He warned against treating the disruption of navigation in the Strait of Hormuz as a passing crisis, considering it a "structural warning" that necessitates a comprehensive reassessment of infrastructure and supply routes, and places land-based projects, foremost among them the "Development Road," at the heart of global strategic thinking.

In the same context, the report explained that the project, in its current form, provides an important logistical connection, but it remains strategically incomplete unless it is integrated with the hydrocarbon transport system, which forms the backbone of global energy demand.

He called for accelerating the development of alternative pipelines, including the Basra-Haditha project, and the connecting lines to the port of Aqaba in Jordan and the port of Banias in Syria, to secure export outlets outside the Gulf and reduce dependence on the Strait of Hormuz.

He also noted efforts to reactivate northern export routes through Türkiye, and discussions about reviving an Iraqi-Saudi pipeline, as part of a broader trend to diversify export geography and reduce geopolitical risks.

Regarding the challenges, the report stressed that the main obstacle lies not in the technical aspects, but in political cohesion, noting that the infrastructure landscape in Iraq still suffers from fragmentation among multiple institutions and internal and external interferences that hinder the building of a unified strategy.

He added that the lack of coordination between transport and energy projects may lead to their development in parallel without integration, which limits their impact and turns them into separate assets instead of an integrated strategic system.

The report noted that developing alternative land routes gives Iraq increasing importance in the calculations of regional and international powers, but at the same time puts it under the microscope of internal challenges, especially with regard to political stability and governance.

He pointed out that land crossings, unlike sea routes which can be secured militarily, depend primarily on the stability of political systems and their ability to provide a safe and stable environment.

In this context, the report suggested that the interests of external parties in the stability of Iraq would increase, but this interest would remain conditional on Baghdad’s ability to provide real guarantees, given the existence of regional alternatives that may bypass Iraq through Jordan and Syria.

The report concluded by noting that the security developments in the Strait of Hormuz represent a rare strategic opportunity for Iraq to reposition itself in the regional system, but that capitalizing on this opportunity requires more than infrastructure projects, but rather political reforms and deep institutional coordination.

He stressed that the future of the "Development Road" will depend on Iraq's ability to transform from a promising geographical location into an effective strategic corridor, warning that failure to achieve this transformation could keep the country on the margins of major transformations despite the opportunities they offer. https://www.economy-news.net/content.php?id=68330

Ministry Of Construction: Housing Loan Application Form To Be Launched Soon

Money and Business   Economy News – Baghdad   The Ministry of Construction, Housing and Municipalities is preparing its lending plan for the current year, relying on amounts recovered from previous loans as a primary source of funding, in light of the complete exhaustion of financial allocations within the three-year budget.

The official spokesperson for the Ministry, Istabraq Sabah, stated in a statement to the official newspaper: The Housing Fund will rely, within its lending plan for this year, on the amounts recovered from last year’s loans, because all the amounts allocated within the three-year budget, amounting to 900 billion dinars, have been exhausted after granting 20,000 loans, with seven thousand accumulated transactions currently being worked on to complete them.

He explained that the refunded amounts are collected electronically through a special application of the Fund on the official (Aur) platform, to facilitate procedures for borrowers and ensure the smoothness of the repayment process, as they will be determined so that they can be launched during the current year.

Sabah pointed out that there is no fixed date for launching the loans yet, because this matter is linked to financial, administrative and technical procedures, as well as the amount of refunds that should cover the largest number of those wishing to obtain them.

He explained that the low interest rates on the loans encourage most citizens to apply for them, noting that the board of directors of the Housing Fund will announce, once all these procedures are completed, the launch of an electronic form for the new loans.

The official spokesperson for the ministry confirmed that the lending process has witnessed remarkable progress after the transition to electronic work, which facilitated the process of granting loans and blocked the path for unscrupulous people who try to exploit citizens for money, as notifications and updates now reach borrowers through the electronic application of the fund or by sending short messages, without the need to visit any of the branches.

He noted that the fund will adopt the same mechanisms adopted in previous years, as well as the points of preference in terms of location and type of building, as well as age, social status and number of children, indicating that priority will be given to people with special needs, while preserving the right of all borrowers to obtain the loan successively, according to the available amounts.    https://www.economy-news.net/content.php?id=68377

A Critical Reading Of The Consumer Price Index In Iraq: Between Measurement Accuracy And Representational Flaws

Economy News – Baghdad    The Consumer Price Index (CPI) is the primary tool for measuring inflation and the evolution of living costs in macroeconomic analysis. However, its analytical value may not lie solely in its mathematical accuracy, but rather in its ability to represent fluctuations in the economic and social situation, especially in the Iraqi context. Hence, the need arises for a critical reading of this index, not to question its methodology, but to assess its suitability to the structure and specificities of the local economy.

 Official data indicates that Iraq's Consumer Price Index reflects a relatively stable general price level, with inflation fluctuating within a low range of approximately 1% to 2% annually, and mostly limited monthly increases not exceeding 0.1%–0.3%.

These figures superficially reflect a success in achieving monetary stability, supported by a stable exchange rate and the absence of widespread macroeconomic shocks. However, this statistical stability raises serious questions about the extent to which it accurately reflects the actual state of the markets.

 The first problem relates to the structure of the consumption basket used to calculate the index. The Consumer Price Index relies on relative weights that reflect spending patterns.

However, while these weights are quantitatively important, they may not accurately reflect recent changes in Iraqi consumer behavior, especially in light of economic transformations and the increased share of spending on food. In fact, food items represent a high percentage of household spending, ranging between 35% and 45%, a category characterized by high price volatility compared to other components.

 Herein lies the second problem: the overall index, being a weighted average, tends to absorb sectoral shocks, especially when these shocks are confined to specific components such as food.

Although some food items may experience monthly price increases of 10%–20% at certain times, their impact is mitigated within the overall index due to the stability or slower price changes in other components such as housing or services. Thus, overall inflation appears low, while point inflation is significantly higher.

 The third problem relates to the nature of price changes in Iraq, which often do not follow a gradual path but rather appear as short-term shocks and sharp fluctuations.

This nature makes the index less able to capture the dynamics of instability, as it focuses more on the overall trend than on price volatility. Estimates indicate that food price volatility is three to five times greater than the overall index volatility, meaning that the index does not reflect the degree of price risk that consumers face in their daily lives.

 The fourth problem concerns the gap between measured and experienced inflation. While official data indicates low inflation, consumers face daily fluctuations in the prices of basic goods, creating a cost-of-living burden that exceeds what the figures reflect. This gap is a direct result of the basket's structure, the weighting of components, and the aggregation mechanism.

 From a monetary economic perspective, the Consumer Price Index (CPI) in Iraq performs its calculation function efficiently, but it suffers from representative deficiencies in an economic environment characterized by high food prices, weak supply stability, and heavy reliance on imports.

Therefore, relying on it as the sole indicator for economic decision-making may lead to incomplete or misleading readings.

Accordingly, we propose developing complementary measurement tools, such as:

 1. Sub-indices of food prices with a higher frequency, whether weekly or daily.

2. Measures of price volatility (Volatility Indicators), not just the general trend.

3. Indicators of living inflation that take into account actual consumer behavior. 

Therefore, it can be argued that the problem does not lie in the Consumer Price Index itself, but rather in its application outside its analytical context.

The index suggests that prices are stable, but economics indicates that this stability is uneven. Between these two perspectives lies an analytical gap that necessitates a re-evaluation of how inflation in Iraq is interpreted, not merely as a number, but as a dynamic structure reflecting market interactions with the realities of daily life.     https://www.economy-news.net/content.php?id=68378

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

Good Afternoon Dinar Recaps,

War Rhetoric Escalates: Trump Threat Raises Stakes in Global Energy Conflict

Sharp escalation in U.S.–Iran rhetoric intensifies geopolitical risk, threatening energy flows and financial market stability

 OVERVIEW (KEY POINTS)

Recent statements from U.S. leadership warning of the ability to “wipe out” Iran if conflict escalates further signal a sharp increase in geopolitical tension, even as diplomatic efforts remain ongoing behind the scenes.

This is happening now as military pressure, shipping disruptions, and stalled negotiations converge, creating a fragile environment where rhetoric and real-world actions are closely intertwined.

Key players include the United States, Iran, and regional actors, all operating within a high-stakes environment centered on the Strait of Hormuz, a critical artery for global energy supply.

The broader implication is clear: escalating rhetoric increases the probability of miscalculation, with direct consequences for oil markets, global trade, and financial systems.

KEY DEVELOPMENTS

1. U.S. Rhetoric Signals Escalation Risk

Strong statements indicate readiness for decisive action.

• Warning of rapid military response if conflict continues

• Reinforces pressure-based negotiation strategy

2. Strait of Hormuz Remains Central Flashpoint

Energy flows are directly tied to the conflict.

• Passage handles roughly 20% of global oil supply

• Ongoing threats and disruptions increase market sensitivity

3. Markets React to Geopolitical Uncertainty

Financial systems are responding to rising risk.

• Oil prices remain elevated amid supply concerns

• Increased volatility across currencies and equities

4. Diplomacy Continues Alongside Pressure

Negotiations remain active despite rhetoric.

• Backchannel efforts and mediation attempts ongoing

• Reflects strategy of controlled escalation rather than immediate conflict

 WHY IT MATTERS

This development highlights how geopolitical rhetoric alone can move global markets, especially when tied to critical supply routes like the Strait of Hormuz.

Markets are reacting not just to actions, but to the perceived probability of escalation, increasing volatility in energy prices and financial assets.

For policymakers, this creates a delicate balance between maintaining deterrence and avoiding unintended escalation that could destabilize global systems.

At the system level, this underscores a growing reality: geopolitical risk is now a primary driver of financial conditions.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Safe-haven currencies may strengthen during uncertainty

• Energy-importing currencies face pressure from rising costs

• Purchasing power declines amid inflation spikes

• Exchange rate volatility increases across markets

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Energy Security as Financial Power

Control and stability of energy routes are becoming central to global economic influence, reinforcing the importance of physical resources.

• Pillar 2: Geopolitical Risk Reshapes Markets

Persistent tension accelerates a shift toward a more fragmented and risk-sensitive financial system, impacting trade and capital flows.

 CONCLUSION

Escalating rhetoric between the United States and Iran reflects a high-risk geopolitical environment where words carry significant economic consequences.

While diplomacy continues, the potential for miscalculation remains elevated, keeping markets on edge and energy prices sensitive to any developments.

This is not just political signaling—it is part of a broader dynamic where geopolitical tension directly influences financial stability.

When rhetoric escalates around critical energy routes, the global financial system reacts in real time.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "U.S.-Iran tensions rise as war rhetoric escalates and markets react"

• Reuters — "Oil markets on edge as Strait of Hormuz risks persist"

~~~~~~~~~~

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 Afternoon 4-26-26

EIA: Iraq’s Oil Exports To US Fall Over The Week

2026-04-26 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 947,000 bpd from 3.7 million bpd the previous week.

Canada remained the top supplier at 3.519 million bpd, followed by Saudi Arabia with 515,000 bpd, and Venezuela with 499,000 bpd, and Mexico with 248,000 bpd.

Imports also included Brazil at 240,000 bpd, Colombia at 138,000 bpd, and Nigeria at 136,000 bpd. No oil was imported from Libya and Ecuador this week. https://www.shafaq.com/en/Economy/EIA-Iraq-s-oil-exports-to-US-fall-over-the-week

Iraq Produces 302 Million Bpd In Q1 2026

2026-04-26 Shafaq News- Baghdad   Iraq produced about 302 million barrels of oil in the first quarter of 2026, the Eco Iraq Observatory said on Sunday, urging authorities to diversify export routes beyond reliance on Gulf shipping.

In a statement, the observatory said output reached around 4.157 million barrels per day in January and rose to 4.188 million barrels per day in February, before dropping sharply in March to about 1.625 million barrels per day.

It warned that reliance on a single export corridor exposes Iraq to geopolitical risks and proposed reviving the New Levant route as an alternative to expand outlets, boost flexibility during crises, and ensure steady supply to global markets, especially during regional tensions. https://www.shafaq.com/en/Economy/Iraq-produces-302-million-bpd-in-Q1-2026

Iraq Pipeline To Saudi Arabia Faces Major Hurdles

2026-04-26 Shafaq News- Baghdad   Iraq is unlikely to resume oil exports through the Saudi pipeline to the Red Sea port of Yanbu in the near term due to “major obstacles,” a source in the country's Oil Ministry told Shafaq News on Sunday.

Saudi Arabia’s insistence on retaining the right to use the segment of the pipeline within its territory to transport its own oil remains a key hurdle, while restarting the Iraq-Saudi pipeline would also require reviving the bilateral agreement governing its operation.

The pipeline, which stretches about 1,568 kilometers from Zubair in southern Iraq to Yanbu on the Red Sea, halted operations in 1990 after Iraq’s invasion of Kuwait, and Saudi Arabia assumed control of the line in 2001. It has been largely neglected for more than three decades and would require extensive rehabilitation, including replacing significant sections and financial allocations if an agreement is reached.

For now, Iraq continues to rely on alternative export routes, including overland transport via Jordan and Syria, as it seeks more stable solutions for oil exports. The country is also exploring options such as the Turkish Ceyhan pipeline, the Baniyas route, and longer-term plans including storage facilities outside the Gulf and a proposed pipeline to Oman’s Duqm port.

Oil output from Iraq fell from 4.3 million to 1.3 million barrels per day amid disruptions in the Strait of Hormuz, cutting exports to below 800,000 barrels per day and causing losses of about $128 million daily. Despite this, officials say the impact remains contained, supported by government subsidies and foreign reserves of around $100 billion.

Read more: Iraq’s oil bottleneck: Abundance trapped by dependency

https://www.shafaq.com/en/Economy/Iraq-pipeline-to-Saudi-Arabia-faces-major-hurdles

Dollar Rises In Baghdad And Erbil

2026-04-26 Shafaq News- Baghdad/ Erbil   The US dollar opened Sunday’s trading higher in Iraq, hovering around 156,000 dinars per 100 dollars.

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 155,500 dinars per 100 dollars, up from the previous session’s 155,250 dinars.

In the Iraqi capital, exchange shops sold the dollar at 156,000 dinars and bought it at 155,000 dinars, while in Erbil, selling prices stood at 155,250 dinars and buying prices at 155,150 dinars.

https://www.shafaq.com/en/Economy/Dollar-rises-in-Baghdad-and-Erbil-3-6

Dollar Falls In Baghdad And Erbil Markets

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

According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 155,100 dinars per 100 dollars, down from the morning session’s 155,500 dinars.

In the Iraqi capital, exchange shops sold the dollar at 155,500 dinars and bought it at 154,500 dinars, while in Erbil, selling prices stood at 154,650 dinars and buying prices at 154,550 dinars.

https://www.shafaq.com/en/Economy/Dollar-falls-in-Baghdad-and-Erbil-markets-9-9

Gold Prices Stabilize In Baghdad And Erbil Markets

 2026-04-26 Shafaq News- Baghdad/ Erbil   On Sunday, gold prices hovered around 1.03 million IQD per mithqal in Baghdad and Erbil markets, holding steady, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1,031,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,028,000 IQD. The same gold had sold for 1,031,000 IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 1,001,000 IQD, with a buying price of 998,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,030,000 and 1,040,000 IQD, while Iraqi gold sold for between 1,000,000 and 1,010,000 IQD.

In Erbil, 22-carat gold was sold at 1,071,000 IQD per mithqal, 21-carat gold at 1,023,000 IQD, and 18-carat gold at 876,000 IQD.  https://www.shafaq.com/en/Economy/Gold-prices-stabilize-in-Baghdad-and-Erbil-markets-9

Is the Fed Being Replaced? ‘Stablecoins Are the New System’ | E.B. Tucker & Andy Schectman

Is the Fed Being Replaced? ‘Stablecoins Are the New System’ | E.B. Tucker & Andy Schectman

4-26-2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with E.B. Tucker, Editor of The Tucker Letter.

Is the Federal Reserve being replaced?

Are stablecoins quietly becoming “Fed 2.0”? And what does that mean for gold, inflation, and your financial future?

Tucker explains the structural shift happening inside the financial system – from stablecoins and digital control to inflation, gold, and the mindset needed to navigate what’s coming next.

Tucker argues that what looks like chaos may actually be a redesign of the system, not a collapse and that most people are already inside it without realizing it. In this episode of Little by Little:

Are stablecoins becoming the new Federal Reserve (Fed 2.0)?

The rise of digital control and what it means for your freedom

Why inflation “has to go up” in the current system

How gold really works and why the move comes before the headlines

The truth about price discovery in gold and silver markets

Why most investors get gold wrong at major turning points

Mindset, opportunity, and why the next generation may have more upside than ever

00:00 Coming Up

01:38 Introduction

04:44 Escape The Enclosure

 09:36 Cycles And Surveillance

11:30 Stablecoins As Fed 2.0

 20:20 Inflation As Control

27:15 Gold Allocation Reality

31:53 Raising Independent Thinkers

39:23 Escaping Dead End Jobs

45:32 Strategy Games And Sports

46:46 Switching Gears To Gold

 51:41 Gold As Early Warning Signal

54:54 Rebalancing Not Moonshots

 59:55 Silver Deliveries And Vault Stress

 01:09:52 Moderation And Lifestyle Design

https://www.youtube.com/watch?v=gk4YsRCrNE0

Iraq News Posted by TNT Members 4-26-2026

‍ ‍

TNT:

Tishwash:  Warnings about the cost of delaying the 2026 budget

 Warnings are increasing about the economic repercussions of the delay in approving the (2026) budget, amid fears of continued losses and worsening uncertainty in the markets.

In response to these warnings, the Finance Committee in the House of Representatives believes that the state has limited options to address the crisis, most notably resorting to borrowing laws or enacting an emergency law similar to the Food Security Law, but activating these options remains contingent on an official request from the government.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed that the Iraqi economy, which relies heavily on government spending as a major driver of growth, is directly affected by any delay in approving the budget, explaining that this turns into a recession factor that affects both the public and private sectors and creates a prolonged state of instability.

He pointed out that the most prominent repercussions are the disruption of investment projects, especially new ones, as a result of the lack of financial allocations, which negatively affects the labor market through a decline in employment opportunities and an increase in unemployment rates.   link

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CandyKisses: The Coordination Framework meeting scheduled for this evening was postponed due to the continuation of differences

Baghdad Today - Baghdad

An informed source reported on Saturday (April 25, 2026), that the meeting scheduled to be held by the leaders of the Coordination Framework this evening to discuss the file of selecting the candidate for the presidency of the Council of Ministers has been postponed, due to the continued disagreements between the political parties and the lack of a decisive mechanism to decide the name of the final candidate.

The source told Baghdad Today that "the meeting aimed to bring the views of the forces involved in the framework closer and push towards agreeing on a final formula for the selection of the figure who will be responsible for forming the next government, but the existing disagreements regarding the selection mechanism, whether through political consensus or internal voting, prevented it from being held on time."

The source, who asked not to be named, explained that "a number of parties are still sticking to their candidates, while other parties are calling for the adoption of specific criteria related to political acceptance and the ability to manage the next stage, which has contributed to the complexity of the scene and the postponement of the decision until further notice."

He added that "contacts and consultations between the leaders of the Coordination Framework will continue in the coming hours, in an attempt to bring the positions closer and reach an understanding that will lead to the holding of a new meeting soon, especially with the approach of the constitutional entitlements related to the nomination of the Prime Minister."

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Tishwash: Now... a meeting at the Government Palace to try to break the deadlock over the prime ministerial candidate.

The government palace in Baghdad is currently witnessing - after midnight tonight - a meeting that includes a number of Shiite political leaders, in an attempt to discuss solutions to the crisis of naming the next prime minister, after the forces of the coordination framework failed to agree on a mechanism for deciding the nomination.

A well-informed political source told Shafaq News Agency that the meeting focuses on "smoothing things over" between the framework forces, and searching for a way out that allows the transition from the stage of disagreement over names and the selection mechanism, to a consensus formula that can be passed within the Shiite house.

This comes in conjunction with a new postponement of the Coordination Framework meeting that was scheduled to decide on its candidate for prime minister, amid continued disagreement among its leaders regarding the figure who will be tasked with forming the next government.

According to the source, the dispute is no longer limited to the name of the candidate only, but also includes the nomination mechanism itself, and whether the decision will be made by political consensus or by voting within the framework, as well as the guarantees related to the distribution of ministerial portfolios.

The forces of the Coordination Framework have been experiencing a series of faltering meetings for days, under the pressure of the constitutional deadline to task the candidate of the largest bloc with forming the government, after the election of the President of the Republic, while political sources speak of intensive attempts to avoid the disputes moving into a new stage of political deadlock. link

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Tishwash:  Iraqi citizens criticize, via Rudaw, the framework's delay in naming a candidate for prime minister.

Sunday, April 26, 2026, marks the constitutional deadline for the coordinating body to select a candidate for the next prime minister.

Rudaw Media Network interviewed several Baghdad residents about the nature of the disagreements among these leaders, which consistently lead to their meetings failing to reach a conclusion and being repeatedly postponed.

Falah Abdullah, a civil activist, told Rudaw Media Network: "There are internal disagreements and interference, but I believe that the veto imposed on the current and former prime ministers was one of the problems that hindered the appointment of a prime minister."

Mohammed Salman, an athlete, told Rudaw: "This isn't the first time, and it's not surprising that the country is delaying the appointment of a prime minister. Everyone knows that regional powers have a significant influence on the selection process."

Huda al-Rubaie, a photographer, stated that "the political blocs don't trust each other, aren't looking for a competent candidate, and there is foreign interference. These are all the reasons."

In the same vein, political analyst Dr. Anwar al-Moussawi stated, "Some believe their candidate is the best and capable of shouldering future responsibilities. Conversely, they argue that there is corruption and a lack of coordination with armed groups, which they consider weaknesses."

Lawyer Hussein al-Moussawi expressed his opinion, saying, "The issue revolves around political interests and conflicts. There is no understanding among them. The Coordination Framework should have resolved the matter and selected the prime minister based on principles that serve the country, ensuring he is a qualified individual for this critical phase Iraq is going through."

Similarly, Hassan al-Obeidi, an employee, remarked, "In my opinion, the current situation is an American-Iranian conflict, and this is what is preventing the formation of a government."

The nomination of the prime minister has been a point of contention for over four months, amidst divisions within the Coordination Framework. Several meetings have been postponed to allow more time for consultations among the parties.

The Coordination Framework holds 164 seats out of the more than 180 seats held by Shia forces in parliament. 

Coalition member Khalid Walid told Rudaw Media Network on Saturday (April 25, 2026), following a meeting of the Coordination Framework leaders on Friday night that failed to reach an agreement, that "the previous phase witnessed attempts to push through nominations that lacked national acceptance, including the earlier selection of Maliki with ten votes, which was thwarted by internal reservations within the Framework and rejection from the broader national political sphere."

Walid added that "pursuing compromise candidates proved fruitless, as no candidate was able to secure the required majority for approval, either among members of the Framework or within the Council of Representatives," noting that insisting on disregarding the results did not resolve the crisis.

According to the constitution, the Coordination Framework has 15 days (starting April 11, 2026) to finalize its candidate and submit him to the President of the Republic. 

A member of the Reconstruction and Development Coalition explained that “our nomination of Al-Sudani is ongoing and there is no going back on it, as he represents the first winner in these elections, and choosing him is a positive and direct message to the public who cast their vote,” considering that any talk of a “compromise candidate” or hinting at “early elections” would represent a negative message that undermines the voter’s confidence and repeats crises related to the interpretation of the “largest bloc” and electoral entitlements.

Walid concluded his statement by saying, "There is still an opportunity to correct the course within the framework and reach a decision before the deadline expires next Sunday," warning that the deadline passing without an agreement would leave the House of Representatives with open options that could lead to new crises, further complicating the political landscape.

According to the constitution, the candidate tasked with forming the government must present his ministerial program and the names of his cabinet members to parliament within a maximum period of 30 days to obtain a vote of confidence.  link

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

Good Morning Dinar Recaps,

BRICS Tension Point: India Faces Test as Iran Conflict Divides Bloc

Upcoming BRICS meeting in New Delhi could reshape geopolitical alignment as energy disruption and internal divisions intensify

 OVERVIEW (KEY POINTS)

The upcoming BRICS foreign ministers meeting in New Delhi is drawing heightened global attention as internal divisions over the Iran conflict threaten bloc unity. Despite escalating tensions in the Middle East, BRICS has remained publicly silent, exposing fractures within the group.

This is happening now as the Iran–U.S.–Israel conflict disrupts energy markets and global trade routes, placing pressure on member nations to take a coordinated stance. India, as current chair, is now positioned to navigate this diplomatic impasse.

Key players include India, Iran, Saudi Arabia, UAE, and other BRICS members, all balancing national interests against collective positioning. The meeting will also mark a rare moment where regional rivals sit at the same table.

The broader implication is clear: BRICS is entering a critical phase where geopolitical alignment and economic strategy may diverge, with potential consequences for global financial structures.

KEY DEVELOPMENTS

1. BRICS Silence Highlights Internal Divisions

The bloc has failed to issue a unified response.

• No joint statement on Iran conflict despite escalation

• Disagreements among members directly involved in the region

2. India Positioned as Key Diplomatic Broker

New Delhi faces pressure to lead.

• Hosting May 14–15 foreign ministers meeting

• Balancing ties between U.S., Iran, and Gulf nations

3. Energy Disruptions Ripple Through Markets

Conflict is impacting global supply chains.

• Iranian actions affecting Strait of Hormuz transit

• LNG disruptions impacting billions in export capacity

4. Gulf States Reassess Strategic Alignment

Regional players are reconsidering partnerships.

• UAE and others impacted by regional instability

• Increased interest in BRICS engagement and diversification

5. Diplomatic Stakes Rise Ahead of Summit

The meeting could define the bloc’s direction.

• Opportunity to shift from silence to coordinated action

• Failure could expose long-term structural weakness

WHY IT MATTERS

This development highlights the challenge of maintaining cohesion within a multi-polar alliance during periods of geopolitical stress. Diverging interests make unified action increasingly difficult.

Markets are reacting to uncertainty surrounding energy supply and geopolitical alignment, contributing to volatility in commodities, currencies, and trade flows.

For policymakers, the situation underscores the importance of diplomatic coordination in managing global crises. Fragmentation weakens collective influence.

At the system level, this reflects a broader trend: emerging global blocs are still evolving and face internal stress under pressure.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Currency volatility may increase due to geopolitical uncertainty

• Energy-driven inflation impacts purchasing power

• Capital flows may shift based on political alignment

• Exchange rates influenced by trade and energy exposure

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Fragmentation Within Emerging Alliances

Internal divisions within BRICS highlight the difficulty of forming a unified alternative to existing financial systems, slowing structural transition.

• Pillar 2: Energy and Geopolitics Drive Alignment

Control over energy routes and regional stability continues to shape economic partnerships and financial influence.

CONCLUSION

The upcoming BRICS meeting represents a critical moment for the bloc’s credibility and cohesion. India’s role as chair places it at the center of a complex diplomatic balancing act.

While the meeting offers an opportunity to strengthen coordination, it also exposes underlying tensions that could limit long-term effectiveness.

This is more than a diplomatic gathering—it is a test of whether emerging alliances can function under real geopolitical pressure.

When unity is tested during crisis, the future direction of global power structures becomes clearer.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — "BRICS Doubts Grow, but India May Shift Iran Narrative at Key Meeting"

• Reuters — "Energy disruptions and diplomacy shape BRICS agenda amid Iran tensions"

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A Message to Our Currency Holders

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

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

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

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

That is not your failure.

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

Instead, we focus on:

• Verifiable developments • Institutional evidence

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

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

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