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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Wednesday Morning 5-6-26

Good Morning Dinar Recaps,

Global Trade Realignment Accelerates: China and Emerging Markets Push Back Against Dollar Dominance

New trade settlements and policy signals highlight a deepening shift toward a multipolar financial system

Good Morning Dinar Recaps,

Global Trade Realignment Accelerates: China and Emerging Markets Push Back Against Dollar Dominance

New trade settlements and policy signals highlight a deepening shift toward a multipolar financial system

 OVERVIEW (KEY POINTS)

Global financial dynamics are shifting as China and multiple emerging economies expand efforts to reduce reliance on the U.S. dollar in trade settlements.

This is happening now as new agreements and policy signals emphasize local currency usage, bilateral trade arrangements, and alternative payment systems, accelerating a trend that has been building for years.

Key players include China, BRICS-aligned nations, and emerging market economies seeking to insulate themselves from currency volatility and geopolitical risk tied to the dollar system.

The broader implication is clear: the structure of global trade and reserves is gradually evolving toward a more diversified, multipolar framework.

KEY DEVELOPMENTS

1. China Expands Local Currency Trade Settlements

Shift away from dollar-based trade is accelerating.

  • Increased use of the yuan in cross-border transactions

  • Bilateral agreements reducing dependence on USD settlements

2. Emerging Markets Strengthen Currency Cooperation

Coordination is increasing.

  • Countries adopting local currency settlement frameworks

  • Regional trade agreements emphasizing currency diversification

3. Alternative Payment Systems Gain Momentum

Infrastructure is evolving.

  • Development of non-dollar payment networks

  • Integration of digital and centralized systems for cross-border trade

4. Central Banks Diversify Reserve Holdings

Reserve strategies are changing.

  • Increased allocation toward gold and non-dollar assets

  • Gradual reduction in reliance on traditional reserve structures

5. Dollar Remains Dominant but Under Pressure

Transition is gradual, not immediate.

  • USD still leading global reserves and transactions

  • However, long-term share is trending downward

  WHY IT MATTERS

This shift reflects a broader structural change: global economies are seeking greater financial independence and resilience.

Reducing reliance on a single currency lowers exposure to sanctions, monetary policy spillovers, and exchange rate volatility.

For global markets, this introduces a more complex system where multiple currencies and payment channels coexist, potentially increasing fragmentation.

At the system level, it signals a move toward a multipolar financial order, reshaping how trade, reserves, and capital flows operate.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Greater currency diversification impacts exchange rate stability

  • Reduced dollar dominance may shift purchasing power dynamics

  • Increased volatility during transition periods

  • Opportunities in emerging market currencies may expand

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Multipolar Currency System Emergence

Global trade is gradually transitioning toward a system where multiple currencies share influence rather than a single dominant reserve currency.

  • Pillar 2: Financial Infrastructure Transformation

New payment systems and settlement mechanisms are reshaping how cross-border transactions are conducted, reducing reliance on legacy systems.

CONCLUSION

The acceleration of de-dollarization efforts marks a significant evolution in the global financial system.

While the U.S. dollar remains dominant today, the growing adoption of alternative currencies and systems indicates a long-term structural transition.

This shift will not happen overnight, but the direction is clear—global finance is becoming more diversified, decentralized, and complex.

When trade systems evolve, the financial architecture that supports them must evolve as well—and that transformation is already underway.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

 🌱 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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Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

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Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Wednesday Morning 5-6-26

US, Iran Near Preliminary Deal To End War And Ease Hormuz Tensions

2026-05-06 Shafaq News- Washington   The United States and Iran are nearing a preliminary agreement aimed at ending the war and opening broader nuclear negotiations, Axios reported on Wednesday, citing two US officials and two additional sources familiar with the talks.

The proposed one-page memorandum of understanding would establish a 30-day negotiation framework covering Iran’s nuclear program, sanctions relief, and navigation through the Strait of Hormuz. Washington is expecting Tehran’s response on several unresolved issues within the next 48 hours, with sources describing the discussions as the closest the two sides have come to a deal since the conflict began.

US, Iran Near Preliminary Deal To End War And Ease Hormuz Tensions

2026-05-06 Shafaq News- Washington   The United States and Iran are nearing a preliminary agreement aimed at ending the war and opening broader nuclear negotiations, Axios reported on Wednesday, citing two US officials and two additional sources familiar with the talks.

The proposed one-page memorandum of understanding would establish a 30-day negotiation framework covering Iran’s nuclear program, sanctions relief, and navigation through the Strait of Hormuz. Washington is expecting Tehran’s response on several unresolved issues within the next 48 hours, with sources describing the discussions as the closest the two sides have come to a deal since the conflict began.

Under the draft proposal, Iran would temporarily suspend uranium enrichment, allow enhanced international inspections, and provide guarantees that it will not pursue nuclear weapons or related activities. In exchange, the United States would gradually ease sanctions and release billions of dollars in frozen Iranian assets.

The framework also includes phased steps to reopen shipping routes through the Strait of Hormuz, where tensions have disrupted global energy transit in recent weeks.

Axios identified the duration of the enrichment freeze as one of the main unresolved issues. Tehran has reportedly proposed a five-year suspension, while Washington initially pushed for 20 years, with current discussions focusing on a compromise ranging between 12 and 15 years.

Two sources also indicated that Iran may agree to transfer its stockpile of highly enriched uranium abroad, a demand Tehran had previously rejected.

Negotiations are being led by US Envoy Steve Witkoff and Jared Kushner, President Donald Trump’s son-in-law, alongside Iranian officials through direct and indirect channels, with Islamabad and Geneva under consideration for the next round of talks.

Pakistani Prime Minister Shehbaz Sharif welcomed the developments on X, expressing hope that ongoing efforts would lead to a lasting agreement supporting regional peace and stability. He also praised Trump for responding to appeals from Pakistan and other countries, particularly Saudi Arabia, by suspending the “Project Freedom” operation in the Strait of Hormuz.  

LINK TO X POST

Senior Israeli military officials, meanwhile, told Channel 12 that the United States lacks the capability to fully secure shipping through the strait. The officials described Trump’s decision to suspend the operation as significant, given the deteriorating regional security environment, and argued that US Central Command cannot guarantee the safety of oil tankers in the waterway. They also characterized an alternative maritime route proposed by Washington along Oman’s coast as narrow and highly vulnerable.

Read more: Washington pursues regional de-escalation through fragile frameworks

https://www.shafaq.com/en/World/US-Iran-near-preliminary-deal-to-end-war-and-ease-Hormuz-tensions

Oil Falls Nearly 2% After Trump Hints Iran Talks Breakthrough

2026-05-06 Shafaq News   Oil prices fell for a second day on Wednesday on expectations bottled-up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may ‌be reached to end the war with Iran.

Brent crude futures fell $1.89, or 1.7%, to $107.98 a barrel as of 0340 GMT, after dropping 4% in the previous session. U.S. West Texas Intermediate futures eased $1.83, or 1.8%, to $100.44, after settling down 3.9% the day before.

On Tuesday, Trump unexpectedly said he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran, without giving details on the agreement. There ⁠was no immediate reaction from Tehran.

"This signals potential de-escalation and raises hopes for the release of stranded vessels inside the Gulf, which could gradually bring supply back to the market," said Anh Pham, senior research specialist for oil at LSEG.

Pham added that prices remain elevated with both Brent and WTI staying above $100 per barrel as prospects for a peace deal remain uncertain, while it will take time for trade flows to be fully restored even if a deal is reached.

Trump said the U.S. Navy would continue its blockade of Iranian ports. The supply loss to the global market has pushed prices higher with Brent trading last week at its highest since March ‌2022.

"We have ⁠mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom ... will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," Trump wrote on social media.

Trump's announcement came only hours after U.S. Secretary of State Marco Rubio briefed reporters on the effort, announced on Sunday, to escort ⁠stranded tankers through the strait. On Monday, the U.S. military said it had destroyed several Iranian small boats, as well as cruise missiles and drones, while guiding two vessels out of the Gulf through the strait.

The Strait of Hormuz closure has drawn down ⁠global inventories as refineries try to make up the production shortfall.

U.S. crude oil inventories fell for a third week, while gasoline and distillate stocks also declined, market sources said on Tuesday, citing American Petroleum Institute figures.

Crude stocks fell ⁠by 8.1 million barrels in the week ended May 1, the sources said. Gasoline inventories fell by 6.1 million barrels, while distillate inventories fell by 4.6 million barrels compared to a week earlier, the sources said.

(Reuters) https://www.shafaq.com/en/Economy/Oil-falls-nearly-2-after-Trump-hints-Iran-talks-breakthrough

Iraq's Consumer Prices Rise 1.6% In March

2026-05-06 Shafaq News- Baghdad   Consumer prices in Iraq climbed 1.6% in March 2026, with the general price index reaching 110.6 points, up from 108.9 in February, according to the Commission of Statistics and GIS.

On an annual basis, the March index marks a 2.2% increase compared to the same month in 2025, when the index stood at 108.2 points.

For February 2026, the Commission reported a consumer price index of 108.9 points, up 1.0% from January's 107.8 points. The annual inflation rate for February stood at 0.8%, measured against February 2025, when the index recorded 108.0 points.    https://www.shafaq.com/en/Economy/Iraq-s-consumer-prices-rise-1-6-in-March

Gold Prices Rise In Baghdad And Erbil Markets

2026-05-06 Shafaq News- Baghdad/ Erbil   Gold prices climbed Wednesday in Baghdad and Erbil markets, surpassing the million-dinar mark, according to a Shafaq News market survey.

On Baghdad's Al-Nahr Street, wholesale markets recorded a selling price of 1.005 million IQD per mithqal (equivalent to five grams) for 21-carat Gulf, Turkish, and European gold, with a buying price of 1.001 million IQD, up from 983,000 IQD the previous session.

Iraqi 21-carat gold sold at 975,000 IQD per mithqal, with a buying price of 971,000 IQD.

In jewelry stores, 21-carat Gulf gold ranged between 1.005 million and 1.015 million IQD per mithqal, while Iraqi gold sold between 975,000 and 985,000 IQD.

In Erbil, prices also rose, with 22-carat gold selling at 1.048 million IQD per mithqal, 21-carat at 1.000 million IQD, and 18-carat at 857,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-and-Erbil-markets-6-2

Dollar Steady In Baghdad, Rises In Erbil

2026-05-06 Shafaq News- Baghdad/ Erbil   The US dollar opened Wednesday's trading steady in Baghdad and higher in Erbil, hovering around 153,000 dinars per 100 dollars in the capital.

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, unchanged from the previous session.

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 153,300 dinars and buying prices at 153,150 dinars.

https://www.shafaq.com/en/Economy/Dollar-steady-in-Baghdad-rises-in-Erbil-2

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MilitiaMan, News Dinar Recaps 20 MilitiaMan, News Dinar Recaps 20

MilitiaMan & CREW IRAQ DINAR UPDATE-Theme: Integration-Multiple Fronts-Article 140-Petro Dollar Calculations

MilitiaMan & CREW IRAQ DINAR UPDATE-Theme: Integration-Multiple Fronts-Article 140-Petro Dollar Calculations

5-5-2026

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 & CREW IRAQ DINAR UPDATE-Theme: Integration-Multiple Fronts-Article 140-Petro Dollar Calculations

5-5-2026

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=f15ru8LTT6k


Read More
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Seeds of Wisdom RV and Economics Updates Tuesday Evening 5-5-26

Good Evening Dinar Recaps,

Oil Supply Surge Signals Shift: UAE Output Moves and OPEC Increase Point to Lower Energy Prices

Rising global production and policy signals suggest potential relief in fuel costs while reshaping energy market dynamics

Good Evening Dinar Recaps,

Oil Supply Surge Signals Shift: UAE Output Moves and OPEC Increase Point to Lower Energy Prices

Rising global production and policy signals suggest potential relief in fuel costs while reshaping energy market dynamics

 OVERVIEW (KEY POINTS)

Global energy markets are reacting to signals of a potential increase in oil supply, driven by production moves from major producers and policy direction in key exporting nations.

This is happening now as officials highlight higher output expectations from OPEC members and record U.S. production, suggesting a shift toward greater supply availability.

Key players include the United States, OPEC nations, and the United Arab Emirates, all influencing the balance between oil supply, pricing, and global inflation trends.

The broader implication is significant: if supply increases materialize, energy prices could stabilize or decline, easing inflation pressures across the global economy.

KEY DEVELOPMENTS

1. OPEC Signals Increased Production

Supply outlook is shifting.

  • OPEC indicating plans to raise oil output levels

  • Move aimed at stabilizing markets and meeting global demand

2. UAE Production Strategy Draws Attention

Output expectations are rising.

  • UAE positioned to expand oil production capacity

  • Increased supply could influence global pricing benchmarks

3. U.S. Oil Production Hits Record Levels

Domestic output remains strong.

  • United States maintaining record crude production levels

  • Reinforces position as a leading global energy supplier

4. Market Expectations Shift Toward Oversupply

Supply-demand balance may change.

  • Analysts watching for potential excess supply conditions

  • Increased production could place downward pressure on prices

5. Inflation Relief Potential Emerges

Energy costs may ease broader pressures.

  • Lower oil prices could reduce fuel and transportation costs

  • Potential to moderate global inflation trends

 WHY IT MATTERS

This development highlights a key dynamic: energy supply levels directly influence inflation and economic stability.

If oil supply increases significantly, it could reverse recent price spikes, helping stabilize markets and easing pressure on consumers and businesses.

For policymakers, lower energy prices would provide room to adjust or slow aggressive monetary tightening, improving economic flexibility.

At the system level, this signals a possible shift from energy-driven inflation toward stabilization, which could impact global financial conditions.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Lower energy costs can strengthen import-dependent currencies

  • Purchasing power may improve as fuel prices decline

  • Reduced inflation pressure stabilizes exchange rates

  • Commodity currencies may face mixed impacts depending on price direction

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Energy Price Stabilization

An increase in global oil supply could ease one of the biggest drivers of recent inflation and economic instability.

  • Pillar 2: Shift in Energy Market Power

Rising U.S. output and expanded production from key nations signal a move toward a more competitive and diversified energy landscape.

 CONCLUSION

The prospect of increased oil production from major players introduces a potential turning point for global energy markets.

If supply continues to rise, it could lead to lower fuel prices, easing inflation and providing relief across multiple sectors of the economy.

While uncertainties remain, the direction suggests a shift toward greater supply availability and reduced price pressure.

When energy supply expands, the ripple effects can stabilize economies and reshape financial conditions worldwide.

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

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Tuesday Evening 5-5-26

Al-Zaidi Is Close To Announcing His Government: Internal Consensus, International Openness, And Escalating Iranian Concern

 Baghdad – One News    5/05/2026   Monte Carlo International Radio reported that Ali al-Zaidi, who is tasked with forming the Iraqi government, informed the Coordination Framework forces that his government formation is ready in preparation for presenting it to Parliament next week, in a move that indicates the political scene is nearing resolution after a period of intensive consultations.

According to the sources, the anticipated government is heading towards broad participation that includes various political parties, with a notable presence of factions within the ministerial formation, reflecting an attempt to achieve internal balance and contain the various active forces.

Al-Zaidi Is Close To Announcing His Government: Internal Consensus, International Openness, And Escalating Iranian Concern

 Baghdad – One News    5/05/2026   Monte Carlo International Radio reported that Ali al-Zaidi, who is tasked with forming the Iraqi government, informed the Coordination Framework forces that his government formation is ready in preparation for presenting it to Parliament next week, in a move that indicates the political scene is nearing resolution after a period of intensive consultations.

According to the sources, the anticipated government is heading towards broad participation that includes various political parties, with a notable presence of factions within the ministerial formation, reflecting an attempt to achieve internal balance and contain the various active forces.

 In the same context, information indicated that there was no American veto on al-Zaydi’s ministerial choices, in exchange for clear pledges regarding dealing with the armed factions file, which may pave the way for a more stable relationship between Baghdad and Washington during the next stage.

 In contrast, Iranian circles expressed concern about the extent of American and Western support that al-Zaidi enjoys, considering that this may affect the nature of the political balances within Iraq.

 These developments come at a sensitive time, as the Iraqi public awaits the results of the new government formation and its ability to meet internal demands and maintain balance in regional and international relations.

 https://1news-iq.net/الزيدي-يقترب-من-إعلان-حكومته-توافق-داخ/

The Fragility Of The Iraqi Economy Is Exacerbated By The Repercussions Of The Iran-Iraq War And The Closure Of The Strait Of Hormuz

Baghdad – One News    5/05/2026   The Lebanese newspaper Al-Akhbar stated that the Iraqi economy is the most fragile among the countries affected by the Strait of Hormuz closure crisis, due to its heavy reliance on oil revenues, which constituted about 86.3% of the budget revenues in 2024.

 She pointed out that Iraq also depends on the passage of the majority of its imports, both food and non-food, through the strait, making it vulnerable to direct impacts in the event of a disruption to navigation, amid existing economic and social challenges, including an unemployment rate of about 15.5% and a poverty rate of nearly 17.5%.

 She added that any disruption to shipping traffic in the Strait of Hormuz would quickly affect the government’s ability to finance public spending and implement its development plans, with concerns about delayed salary payments and rising commodity prices in local markets, further straining citizens’ purchasing power.  https://1news-iq.net/الأخبار-اللبنانية-هشاشة-الاقتصاد-الع/

Al-Zaidi Offers To Mediate Between Iran And America To Resolve The Ongoing Conflict

Baghdad = One News    5/05/2026  Prime Minister-designate Ali al-Zaidi received a phone call from the Iranian President, who congratulated him on his official appointment to form the new government. 

Both sides agreed to exchange visits during the next phase. 

Al-Zaydi affirmed Iraq’s support for the diplomatic path and the adoption of dialogue to resolve disputes and contain crises, noting Baghdad’s ability to play a mediating role between Iran and the United States. 

 https://1news-iq.net/الزيدي-يعرض-الوساطة-بين-إيران-وأمريكا/

The Mediator In The Room: President Barzani Comes To Baghdad With More Than Erbil's Demands

2026-05-05 Shafaq News    In Baghdad, governments are not born from ballot boxes alone; they emerge from a long chain of understandings, guarantees, and mutual anxieties, and it was into this chain that Kurdistan Region President Nechirvan Barzani pressed his weight during a two-day visit to the capital that, in its timing and the breadth of its meetings, amounted to something more deliberate than protocol.

 On the surface, the visit followed a familiar pattern: a Kurdish leader arrives in Baghdad ahead of a new government cycle, reaffirms constitutional principles, and returns to Erbil.

But the political moment it landed in was anything but routine. Iraq's government formation process is unfolding under simultaneous pressure from an unresolved regional conflict, Washington's recalibrating posture toward Baghdad, Tehran's calculations about the next Iraqi cabinet, and a set of Erbil-Baghdad disputes —oil, salaries, budget allocations, the status of disputed territories under Article 140— that have not left the negotiating table in years.

 Within the first hours of his arrival, Barzani met with leaders of the Shiite ruling Coordination Framework, including State of Law head, Nouri al-Maliki, caretaker Prime Minister Mohammed Shia al-Sudani, al-Hikma (Wisdom) Movement leader Ammar al-Hakim, then with prime minister-designate Ali Falah al-Zaidi, and leaders of the Sunni National Political Council.

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

 The agenda moved from government formation to oil revenue sharing, salary arrears, the federal budget, and the necessity of insulating Iraq from regional escalation —a range that reflected not a courtesy call but a substantive attempt to shape the parameters of what comes next.

Official statements from the meetings emphasized the need for a government "commensurate with the challenges of the current phase," capable of meeting the demands of Iraq's constituent communities while resolving outstanding Erbil-Baghdad disputes on a constitutional basis. (Oil & Gas Law/HCL Barzani also reaffirmed Kurdistan's readiness to support the new government's formation.

 Read more: Ali al-Zaidi named Iraq's prime minister: Easy nomination, harder road ahead

 Testing the Ground

 Kurdish politician Abd al-Salam Barwari described the visit as "a new positive development for breaking the tensions that accompanied the post-presidential election phase" —tensions that had been building since the KDP staked a claim to the Iraqi presidency as a matter of established political entitlement, only to find Sunni and Shiite coalition leaders divided between rival Kurdish candidates, with some backing the PUK's nominee, Nizar Amedi, over Fuad Hussein, one of the KDP's most senior figures.

Barwari was careful to characterize Barzani's meetings as exploratory rather than conclusive— closer to preliminary consultations for testing positions and exchanging views before the moment of decision than to a finalized political settlement.

 Speaking to Shafaq News, Barwari pointed to al-Zaidi's recent visit to Erbil, where the prime minister-designate met separately with Kurdistan Democratic Party (KDP) leader Masoud Barzani, President Nechirvan Barzani, PM Masrour Barzani, and Patriotic Union of Kurdistan head, Bafel Talabani, as evidence that the Kurdistan Region's position is being treated as a structural variable in the government formation calculus, not an afterthought.

 The KDP's weight in that calculus is concrete: the party secured over one million votes in November's parliamentary elections, the highest total of any single party nationwide, translating into 26 seats in parliament, making it a bloc no government formation can ignore mathematically. Political circles in Baghdad read that visit as an attempt to avoid repeating the crises that plagued previous governments' relationships with the Region from the outset.

 Researcher in political affairs Suhad al-Shammari offered a broader frame, noting that the current government formation is unfolding in conditions meaningfully different from previous cycles, with a prime minister-designate navigating simultaneously between rebuilding trust among political forces, managing divisions within each community, and arranging a working relationship with the Kurdistan Region that does not begin in confrontation.

 Barzani's visit, in her assessment, signals Kurdistan's readiness to “engage constructively,” though she stopped short of predicting specific outcomes, describing the visit's likely contribution as “bringing positions closer rather than resolving the underlying disputes.”

That picture from the meetings said more than any statement. In one session with leaders of the Sunni National Political Council, Barzani sat at the center flanked by prominent Sunni figures, including rivals Khamis al-Khanjar and Mohammed al-Halbousi, a composition that appeared to summarize the visit's function.

 He was not present solely as Erbil's representative but as someone operating in the grey space between adversaries, attempting to anchor a proposition: that the next government cannot be born from an internal Shiite understanding alone, nor from an isolated distribution of positions, but from a broader equilibrium that includes Kurds, Sunnis, and Shiites within a single political architecture.

Both sides agreed that the new government must prioritize services and reconstruction, and that dialogue among political forces must be the entry point for resolving crises rather than a formality that follows them.

Files That Never Leave the Table

 Political analyst Ali al-Baydar situated the visit within a structural argument, telling Shafaq News that the issue is less about individual political figures than about the prevailing political culture, and that the next government will largely be a continuation of the Coordination Framework's internal balances, with the variable being how Baghdad manages its relationship with Erbil rather than whether that relationship changes fundamentally.

 Al-Baydar assessed al-Zaidi as someone disinclined toward escalation with the Region or toward unilateral decisions against it, suggesting the new prime minister-designate may offer more room for addressing outstanding files within constitutional frameworks than his predecessors, while leaving open whether that room translates into resolved disputes.

 Hussein al-Kinani, head of al-Hadaf Center for Studies, noted to Shafaq News that Barzani's meetings with al-Zaidi fall within the standard pattern of coalition-building that precedes every new government cycle, but that their substantive content centers on concrete unresolved files: the federal budget, oil exports, oil and non-oil revenues, and the degree to which both Erbil and Baghdad have honored previous agreements.

Those files carry weight beyond the political. Salaries in the Kurdistan Region have become a recurring living crisis for the population.

 Oil has become the permanent headline of the constitutional and financial dispute between Erbil and Baghdad, a dispute sharpened in 2023 when the International Chamber of Commerce in Paris ruled that Turkiye must pay Iraq approximately $1.5 billion for breaching the Iraq-Turkiye Pipeline agreement by allowing unauthorized Kurdish oil exports, halting loading, and export operations through the pipeline, and significantly impacting the Region's revenues.

The budget, renegotiated in cycles, has exposed the fragility of arrangements that both sides treat as temporary. Taken together, they make Barzani's visit an early test of whether the incoming government intends to manage these crises as it finds them or move toward closing them, a distinction that matters more to the Region's population than to the political class on either side.

 Read more: Into 2026, Baghdad and Erbil face the same disputes—with higher stakes

 Al-Zaidi is operating under time pressure, constitutionally required to present his cabinet within 30 days, and aware that passing the government will require more than a numerical parliamentary majority; it will require understandings that ensure Kurdish and Sunni participation within an arrangement that no party feels excluded from.

 Barzani's visit, in this reading, functions as an attempt to produce a dual political guarantee: an assurance to Erbil that the incoming Baghdad will not revert to the language of financial pressure and punitive measures, and an assurance to Baghdad that the Region will be a source of governmental stability rather than a recurring source of tension.

 The details of ministerial portfolios and the distribution of positions also remain subject to ongoing negotiation. What Barzani's visit makes visible is that the contest over the next government is not only about who enters the cabinet, but about the shape of the state that cabinet will manage, the boundaries of the relationship between center and Region, and Iraq's capacity to hold its internal arrangements together in a region changing faster than its political class is moving to keep pace.

 The Bill Comes Due

 Three baseline conditions Barzani wanted to stress before the new government takes shape: genuine partnership in decision-making, constitutional rather than provisional solutions to the outstanding files, and Iraq's insulation from the currents of regional escalation. Whether those conditions become structurally embedded in the next government or remain aspirational language in post-meeting statements is the question the visit leaves open.

 Written and edited by Shafaq News staff.

 https://www.shafaq.com/en/Report/The-mediator-in-the-room-President-Barzani-comes-to-Baghdad-with-more-than-Erbil-s-demands

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Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 5-5-26

Good Afternoon Dinar Recaps,

Global Inflation Shock Deepens: Oil Crisis Forces Central Banks Into Tightening Trap

Rising energy prices and bond market stress are accelerating inflation risks and reshaping global monetary policy

Good Afternoon Dinar Recaps,

Global Inflation Shock Deepens: Oil Crisis Forces Central Banks Into Tightening Trap

Rising energy prices and bond market stress are accelerating inflation risks and reshaping global monetary policy

 OVERVIEW (KEY POINTS)

Global financial conditions are tightening rapidly as energy-driven inflation surges and bond yields climb, forcing central banks into increasingly restrictive policy positions.

This is happening now due to the ongoing conflict impacting oil flows, which is pushing prices higher and feeding directly into inflation expectations and borrowing costs worldwide.

Key players include central banks in Australia, Europe, and emerging markets, alongside bond markets reacting to persistent inflation and policy uncertainty.

The broader implication is clear: the global system is entering a phase of prolonged tightening and structural stress, a key signal of deeper financial realignment.

KEY DEVELOPMENTS

1. Central Banks Raise Inflation Forecasts

Inflation outlook is worsening globally.

  • Australia’s central bank expects inflation near 5% peak levels

  • Oil shock driving persistent price pressures across economies

2. Interest Rates Continue Moving Higher

Policy tightening is accelerating.

  • Australia raised rates to 4.35%, reversing prior easing

  • Markets expect further hikes as inflation remains elevated

3. Bond Yields Surge to Multi-Year Highs

Debt markets signal stress.

  • U.S. long-term Treasury yields rising above 5%

  • Inflation expectations increasing across global markets

4. Global Growth Outlook Weakens

Economic slowdown risks are rising.

  • Growth forecasts downgraded amid higher energy costs

  • Businesses and households facing reduced spending power

5. Financial Markets Show Diverging Signals

Volatility is increasing.

  • Stocks rising on earnings despite macro risks

  • Commodities and bonds signaling underlying instability 

WHY IT MATTERS

This moment reflects a critical shift: inflation is no longer temporary—it is becoming structurally embedded through energy and supply shocks.

Markets are reacting through rising yields and volatile asset pricing, indicating tightening financial conditions across the system.

For policymakers, the challenge is intensifying. Raising rates risks slowing economies, but failing to act risks entrenched inflation cycles.

At the system level, this signals a transition toward higher-cost capital, reduced liquidity, and increased financial fragility.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Purchasing power declines as inflation rises globally

  • Currency volatility increases with diverging policies

  • Higher interest rates strengthen select currencies

  • Emerging markets face capital outflow pressure

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Global Liquidity Contraction

Rising interest rates and bond yields are reducing liquidity, forcing a repricing of assets, debt, and risk across the system.

  • Pillar 2: Energy-Driven Monetary Constraint

Persistent oil shocks are limiting central bank flexibility, creating a system where inflation dictates policy rather than growth priorities. 

CONCLUSION

The combination of rising oil prices, higher inflation, and surging bond yields marks a significant turning point in global financial conditions.

As central banks tighten policy and markets adjust to higher costs of capital, the ripple effects are spreading across economies and currencies.

This is not a temporary disruption—it reflects a deeper structural shift in how the global financial system operates under sustained pressure.

When inflation and interest rates rise together, the financial system is forced into a fundamental recalibration.

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

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Iraq Economic News and Points To Ponder Tuesday Afternoon 5-5-26

Oil Dips As US Moves To Reopen Strait Of Hormuz

2026-05-05 Shafaq News   Oil prices eased more than 1% on Tuesday after climbing by as much as 6% in the previous session on signs the U.S. Navy is loosening Iran's grip on the Strait of Hormuz, potentially opening up supply from the Middle East.

The U.S. on Monday launched a new operation aimed at reopening the strait to shipping. Maersk (MAERSKb.CO), later said the Alliance Fairfax, a U.S.-flagged vehicle carrier, exited the Gulf via the strait accompanied by the U.S. military, easing some supply disruption fears.

Oil Dips As US Moves To Reopen Strait Of Hormuz

2026-05-05 Shafaq News   Oil prices eased more than 1% on Tuesday after climbing by as much as 6% in the previous session on signs the U.S. Navy is loosening Iran's grip on the Strait of Hormuz, potentially opening up supply from the Middle East.

The U.S. on Monday launched a new operation aimed at reopening the strait to shipping. Maersk (MAERSKb.CO), later said the Alliance Fairfax, a U.S.-flagged vehicle carrier, exited the Gulf via the strait accompanied by the U.S. military, easing some supply disruption fears.

Brent oil futures for July fell $1.22, or 1.1%, to $113.22 per barrel at 0323 GMT after settling up 5.8% on Monday. U.S. West Texas Intermediate (WTI) crude fell $2.02, or 1.9%, to $104.40, after ⁠gaining 4.4% in the previous session.

"The successful escorted exit of the Maersk-operated vessel has helped ease some immediate supply disruption fears," said Tim Waterer, chief market analyst at KCM Trade.

"It shows that limited safe passage is possible under current conditions and helps chip away at some of the worst-case supply disruption fears. However, it's still very much a one-off event rather than a full reopening," he said in an email.

Still, Iran launched attacks in the Gulf on Monday to counter the U.S. move as they wrestle for control over the Strait of Hormuz, which connects the Gulf to wider markets and typically carries oil and gas supply equal to about 20% of global demand every day.

Several commercial vessels were reportedly struck in the area, while a key oil port in the United Arab Emirates was set ablaze after an Iranian strike. Trump's attempt to use ⁠the U.S. Navy to free up shipping is the war's biggest escalation since a ceasefire was declared four weeks ago.

The U.S. is pushing to open Hormuz to ease a massive disruption to global energy supplies since Iran mostly shut the strait after the U.S. and Israel started the war on February 28.

Some analysts attributed the slight drop in oil prices on Tuesday to profit-taking moves.

"The recent dip does look like a bit of profit-taking after a strong run-up, ⁠rather than a structural shift in the backdrop," said Priyanka Sachdeva, a senior market analyst at Phillip Nova. "The geopolitical risk premium tied to the Strait of Hormuz remains firmly in place, so the downside is likely to stay limited."

"In the very near term, prices could see some consolidation or mild pullback as markets ⁠reassess positioning and react to mixed diplomatic signals."

On Monday, Chevron (CVX.N), Chairman and CEO Mike Wirth said physical shortages in oil supply would begin appearing around the world because of the Hormuz closure.

Because of the disruptions, global oil stocks are approaching their lowest level in eight years, Goldman Sachs ⁠said on Monday, warning that the speed of depletion was becoming a concern as supplies remained restricted.

(Reuters) https://shafaq.com/en/Economy/Oil-dips-as-US-moves-to-reopen-Strait-of-Hormuz  

Iraq's poultry imports from Brazil drop 30.8% in 2025

2026-05-05 Shafaq News- Brasilia   Iraq imported 34,500 tons of Brazilian poultry in 2025, down from 49,900 tons the previous year, according to data published by the Brazilian Animal Protein Association (ABPA).

Brazil's overall poultry export volumes remained broadly stable over the same period, reaching 5.16 million tons, a marginal increase of 0.11% year-on-year, ABPA data showed.

Logistics disruptions along key shipping routes to the Middle East contributed to the trade contraction. Brazilian meat exporters rerouted Iraq-bound shipments through alternative corridors —including the Red Sea, the Suez Canal, and overland trucking— following disruptions tied to regional conflict and reduced traffic through the Strait of Hormuz, Reuters reported in March 2025. The rerouting drove up transportation, fuel, and storage costs, a portion of which was passed on to importers.

Iraq's trade relationship with Brazil remained structurally asymmetric in 2025. Brazilian exports to Iraq totaled approximately $1.49 billion, led by food and agricultural commodities including sugar, vegetable oils, and meat, according to United Nations COMTRADE data. Iraqi exports to Brazil over the same period amounted to $3.06 million.

https://shafaq.com/en/Economy/Iraq-s-poultry-imports-from-Brazil-drop-30-8-in-2025

Iraq tops Iranian exports via Kermanshah at ~$150M

2026-05-05 Shafaq News- Baghdad/ Tehran   Iraq accounted for the largest share of Iranian exports through Kermanshah province last month, with shipments exceeding $148 million, Kermanshah Customs Director General Reza Nikroush said on Tuesday.

Reported by Iranian outlets, Nikroush said total exports reached about 459,000 tons via border crossings in the province. Sumar led export value, followed by Parviz Khan and Khosravi, while Sheikh Saleh and Shoushmi handled smaller volumes.

Exports included iron and steel products, rebar, tomato paste, urea fertilizer, powdered milk, stone, and watermelon, with most shipments bound for Iraq, which accounted for about 17.6% of Iran’s total exports in recent trade data.

https://shafaq.com/en/Economy/Iraq-tops-Iranian-exports-via-Kermanshah-at-150M

Oil Exports Continue Through Rabia Border Crossing Toward Syria

2026-05-05 Shafaq News- Nineveh   Oil exports continue through the Rabia border crossing in Iraq’s northern Nineveh province toward Al-Yarubiyah on the Syrian side, at a rate ranging between 15 and 40 tanker trucks per day, a customs source told Shafaq News on Tuesday.

The activity at the crossing remains active, he added, noting that other commercial goods are also being exchanged between the two countries.

On May 1, Iraq launched its first crude oil export operation through crossing, dispatching an initial shipment of 70 tanker trucks to regional markets. The Rabia–Al-Yarubiyah crossing between Iraq and Syria reopened to trade and passenger traffic on April 22 after 13 years of closure driven by security challenges during the fight against ISIS, as well as shifting control and coordination issues along the frontier.

Iraqi and Syrian authorities have gradually rehabilitated several crossings, including Al-Waleed and Al-Yarubiyah, to restore trade routes and facilitate the movement of goods and passengers.  https://shafaq.com/en/Economy/Oil-exports-continue-through-Rabia-border-crossing-toward-Syria

Dollar Climbs In Baghdad And Erbil Markets

2026-05-05 Shafaq News- Baghdad/ Erbil   The US dollar closed Tuesday’s trading higher in Iraq, hovering around 154,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,500 dinars per 100 dollars, up from the morning session’s 153,100 dinars.

In the Iraqi capital, exchange shops sold the dollar at 154,000 dinars and bought it at 153,000 dinars, while in Erbil, selling prices stood at 153,350 dinars and buying prices at 153,250 dinars.

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

Iraq Settles Farmer Payments Following Protest Crackdown

2026-05-05 Shafaq News- Baghdad   Iraq’s cabinet on Tuesday approved the payment of farmers’ dues for the 2024–2025 and 2025–2026 agricultural seasons after protests over delayed payments escalated in Baghdad.

The cabinet decided to delay the collection of land lease and irrigation fees until farmers’ wheat dues are settled, and directed the Finance Ministry to include loan amounts and accrued interest in the upcoming federal budget bill and provide guarantees for repayment to the Trade Bank of Iraq.

Wheat pricing and procurement terms for the 2025–2026 season were also revised, with the cabinet setting prices at 700,000 Iraqi dinars (about $467) per ton for crops within the agricultural plan and 500,000 dinars (about $333) for those outside it, alongside yield estimates of 900 kg per dunam for modern irrigation systems, 750 kg for irrigated land, and 300 kg for rain-fed areas, while allocating 400,000 tons to the Kurdistan Region, including 292,000 tons within the plan.

Hundreds of farmers from central and southern provinces gathered in Baghdad’s Tahrir Square on May 3 and attempted to march toward the Green Zone, demanding their financial entitlements and revisions to wheat pricing. Security forces used water cannons and electric stun devices to disperse them and block their advance across Al-Jumhuriya Bridge, leaving at least 17 injured.

Following the clashes, caretaker Prime Minister Mohammed Shia Al-Sudani ordered authorities to receive farmers’ demands and launched an investigation into the conduct of security forces.

https://shafaq.com/en/Iraq/Iraq-settles-farmer-payments-following-protest-crackdown

Iraq Seizes 255 Archaeological Artifacts Between Basra And Dhi Qar

2026-05-05 Shafaq News- Basra   Iraq’s National Security Service seized on Tuesday 255 archaeological artifacts hidden inside abandoned quarries between the southern provinces of Basra and Dhi Qar.

The seized items included ancient coins, archaeological objects, ceramic and metal vessels, and stone artifacts of various shapes and sizes, and they were reportedly intended for sale or smuggling abroad.

Iraq has recovered more than 40,000 artifacts in 2024 and 2025 through a combination of local seizures and international repatriations, according to the Ministry of Culture, Tourism, and Antiquities.

Https://Shafaq.Com/En/Society/Iraq-Seizes-255-Archaeological-Artifacts-Between-Basra-And-Dhi-Qar

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More Iraq News Posted by Tishwash at TNT 5-5-2026

TNT:

Tishwash:  Parliamentary emphasis on the priority of enacting the oil and gas law

The Parliamentary Oil, Gas, and Natural Resources Committee stressed the importance of the government expediting the submission of draft laws, foremost among them the draft oil and gas law, given its pivotal role in regulating the management of natural resources and developing this vital sector.

During its regular meeting on Monday, the committee discussed the mechanisms for the upcoming phase, particularly organizing meetings with relevant stakeholders and officials from the Ministry of Oil, with the aim of following up on files related to the oil and gas sectors and enhancing institutional coordination.

TNT:

Tishwash:  Parliamentary emphasis on the priority of enacting the oil and gas law

The Parliamentary Oil, Gas, and Natural Resources Committee stressed the importance of the government expediting the submission of draft laws, foremost among them the draft oil and gas law, given its pivotal role in regulating the management of natural resources and developing this vital sector.

During its regular meeting on Monday, the committee discussed the mechanisms for the upcoming phase, particularly organizing meetings with relevant stakeholders and officials from the Ministry of Oil, with the aim of following up on files related to the oil and gas sectors and enhancing institutional coordination.  link

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

Tishwash:  Kurdish demands on the table for the next government: oil, salaries, and Article 140

 Political reactions continue to pour in regarding Prime Minister-designate Ali al-Zaidi's visit to the Kurdistan Region and his meetings with Kurdish leaders in Erbil and Sulaimaniyah. This visit has been described as pivotal in the process of forming the next government, with many emphasizing its importance in solidifying understandings between Baghdad and Erbil.

In this context, Suzan Mansour, a leading figure in the Patriotic Union of Kurdistan (PUK), affirmed that al-Zaidi's visit is a "necessary" step to ensure the impartiality of the next government and to strengthen trust among the various political factions.

Mansour stated that "al-Zaidi's visit to the region sends a reassuring message that the upcoming government seeks to maintain an equal distance from all forces and components," adding that "the issues raised by the region are not new, but rather long-standing demands that require fundamental solutions within the framework of the upcoming government program."

She added that “the most prominent Kurdish demands include securing the salaries of the region’s employees, enacting the oil and gas law, activating Article 140 of the Constitution, and guaranteeing the region’s share of the federal budgets.” She noted that “raising these issues at this time aims to end the chronic disputes between Baghdad and Erbil and find common ground for government action.”

For his part, Kurdistan Democratic Party (KDP) leader Mahma Khalil revealed details of the meetings between al-Zaidi and the region’s leaders, confirming that the party was among the first to support him in the process of forming the next government.

Khalil said that “the meetings held by the prime minister-designate with both Masoud Barzani and Nechirvan Barzani were fruitful, and during them, the party’s support for the next government was confirmed.” He explained that “Barzani laid out three fundamental pillars for participation in the government: genuine partnership in decision-making, achieving balance within state institutions, and adopting political consensus among all parties.”

Regarding the parliamentary stance, Khalil clarified that “the decision by Democratic Party MPs not to attend parliamentary sessions is a temporary suspension, not a withdrawal or boycott of the political process,” noting that “other political forces have previously taken this measure for various reasons.”

This political activity comes at a time when the Iraqi political scene is witnessing intensive efforts to bridge the gaps between political forces, particularly concerning the long-standing points of contention between the federal government and the Kurdistan Region, amid anticipation of the outcome of ongoing discussions regarding the formation of the next government and its political program. link

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

Tishwash:  Iraq reduces oil prices for buyers who decide to pass through the Strait of Hormuz

Bloomberg reported on Tuesday that Iraq is offering significant discounts on oil shipments to long-term contract buyers in May, but tankers must still transit the Strait of Hormuz to collect cargoes from within the Gulf, amid escalating regional tensions.

According to a notice from Iraq's State Oil Marketing Organization (SOMO), reviewed by Bloomberg, the discounts offered by the OPEC member reach $33.40 per barrel for Basra Medium crude, compared to official prices. The notice, dated May 3, outlines varying pricing levels throughout the month in an effort to incentivize buyers, despite the risks associated with shipping.  link

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

Tishwash:  Parliament announces it will receive the government program from Al-Zidi by the end of this week.

 Parliament Speaker Hebat al-Halbousi confirmed on Monday (May 4, 2026) that the parliament will receive the government program from Ali al-Zaidi, who is tasked with forming the new government, by the end of this week, while he indicated that the names of the ministerial cabinet will be put to a vote next week.

The media office of the House of Representatives said in a statement received by "Baghdad Today" that "the House of Representatives concluded its twenty-second session held today, Monday, under the chairmanship of Speaker Hebat Al-Halbousi and with the attendance of 217 members, four draft laws."

She added that "the Speaker of the Council confirmed at the beginning of the session that the House of Representatives will receive, at the end of this week, the government program from Ali al-Zidi, who is tasked with forming the new government, in order to inform the members of the Council about it and study it by the Strategic Planning and Government Program Committee," noting that "the names of the ministerial cabinet will be presented next week for a vote by the House of Representatives."  link

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

Tishwash:  Sudani and Barzani stress the need to expedite the formation of the new government

Prime Minister Mohammed Shia al-Sudani and President of the Kurdistan Region of Iraq, Nechirvan Barzani, discussed on Monday the efforts being made to form the new government, stressing the need to expedite its formation.

 The Prime Minister's Media Office said in a statement that "Prime Minister Mohammed Shia Al-Sudani received the President of the Kurdistan Region of Iraq, Nechirvan Barzani."

The statement added that "the meeting discussed the general situation in the country and reviewed the efforts made to form the new government, stressing the need to expedite its formation in a way that reflects the aspirations and hopes of all the people throughout Iraq."

He added that "the meeting addressed the political, economic and developmental achievements made during the current government's term, with Barzani expressing his appreciation for Al-Sudani's efforts and his keenness to manage understandings leading to legal and constitutional solutions between the federal government and the regional government."

 He explained that "the two sides discussed developments in the region and the tensions it is witnessing, and emphasized the importance of Iraq's efforts in supporting regional and international stability in a way that contributes to strengthening the country's sovereignty." link

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Seeds of Wisdom RV and Economics Updates Tuesday Morning 5-5-26

Good Morning Dinar Recaps,

Global Policy Shift Emerges: Central Banks Hold Firm as Inflation Risks Reignite

Sticky inflation and geopolitical pressures are forcing central banks to delay easing, signaling a longer period of tight financial conditions

Good Morning Dinar Recaps,

Global Policy Shift Emerges: Central Banks Hold Firm as Inflation Risks Reignite

Sticky inflation and geopolitical pressures are forcing central banks to delay easing, signaling a longer period of tight financial conditions

OVERVIEW (KEY POINTS)

Global monetary policy is entering a new phase as major central banks signal prolonged higher interest rates in response to persistent inflation pressures.

This is happening now due to a combination of rising energy costs, resilient labor markets, and ongoing geopolitical instability, all preventing inflation from cooling as expected.

Key players include the U.S. Federal Reserve, European Central Bank, and other global institutions now aligning around a “higher for longer” stance.

The broader implication is clear: tight financial conditions are becoming structural rather than temporary, increasing pressure across debt markets, currencies, and global growth.

KEY DEVELOPMENTS

1. Central Banks Signal “Higher for Longer”

Policy easing is being delayed.

  • Officials indicate interest rates will remain elevated into 2027

  • Inflation risks preventing a return to looser monetary conditions

2. Inflation Pressures Persist Globally

Price stability remains elusive.

  • Energy and services inflation staying above target levels

  • Core inflation proving more stubborn than expected

3. Bond Yields Rise Across Markets

Debt markets are adjusting.

  • Government bond yields climbing as expectations shift

  • Investors demanding higher returns amid inflation uncertainty

4. Economic Growth Faces Headwinds

Tighter policy is slowing momentum.

  • Businesses facing higher borrowing costs

  • Investment and expansion plans showing signs of weakening

5. Currency Markets Reflect Policy Divergence

Exchange rates are shifting.

  • Stronger currencies linked to higher interest rate environments

  • Weaker economies experiencing capital outflows and volatility

 WHY IT MATTERS

This development signals a fundamental shift: the era of easy money is not returning anytime soon.

Markets are being forced to adjust to a reality where liquidity remains constrained and borrowing costs stay elevated, impacting everything from housing to global investment flows.

For policymakers, the balancing act has become more difficult—maintaining high rates risks slowing economies, while lowering them too soon could reignite inflation.

At the system level, this reinforces a transition toward tighter, more disciplined financial conditions globally.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Higher interest rates influence currency strength globally

  • Purchasing power remains under pressure from inflation

  • Capital flows shift toward higher-yielding economies

  • Increased volatility in emerging market currencies

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Structural Tightening of Global Liquidity

Sustained high interest rates are reducing excess liquidity, forcing a revaluation of assets, debt, and financial risk.

  • Pillar 2: Monetary Policy Realignment

Central banks are transitioning toward a more inflation-focused, less stimulus-driven framework, reshaping global financial stability mechanisms.

CONCLUSION

The shift toward prolonged high interest rates marks a turning point in global monetary policy.

As inflation remains persistent and geopolitical risks continue, central banks are signaling that tight conditions are here to stay.

This is not a temporary adjustment—it reflects a broader transformation in how economies manage growth, inflation, and financial stability.

When liquidity tightens globally, the entire financial system must recalibrate—and that recalibration is now underway.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 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

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Tuesday Morning 5-5-26

Iraq Resumes Syria Trade With 3 Shipments Via Rabia Crossing After 13 Years

2026-05-05 Shafaq News- Nineveh/ Hasakah   The first three commercial shipments from Syria entered Iraq through the Rabia border crossing on Tuesday, Iraq’s General Customs Authority said, ending nearly 13 years of near-total closure.

According to the authority, work is continuing to receive additional shipments in the coming period, with procedures aimed at ensuring compliance and preventing violations.

Iraq Resumes Syria Trade With 3 Shipments Via Rabia Crossing After 13 Years

2026-05-05 Shafaq News- Nineveh/ Hasakah   The first three commercial shipments from Syria entered Iraq through the Rabia border crossing on Tuesday, Iraq’s General Customs Authority said, ending nearly 13 years of near-total closure.

According to the authority, work is continuing to receive additional shipments in the coming period, with procedures aimed at ensuring compliance and preventing violations.

The Rabia crossing, located between Iraq’s Nineveh province and Syria’s Hasakah, had been largely shut due to security conditions and military operations linked to the Syrian conflict and the ISIS period.

Its reopening on April 20, which makes it the third operational land crossing between Iraq and Syria alongside Al-Qaim-Albu Kamal and Al-Waleed-Al-Tanf, comes as Iraq seeks to revive cross-border trade routes and expand overland transport options after Iran and the United States disrupted traffic through the Strait of Hormuz, which carries roughly 20% of global oil flows.

The reopening also follows shifts in northeastern Syria after a late-January agreement between the Syrian government and the Syrian Democratic Forces (SDF), followed by government visits to crossings in Hasakah to “assess readiness and reopening plans.” https://shafaq.com/en/Economy/Iraq-resumes-Syria-trade-with-3-shipments-via-Rabia-crossing-after-13-years

Iraq Output Tops 4M Bpd As Global Oil Demand Holds Near 105M Bpd

2026-05-05    Shafaq News- Baghdad   Iraq’s oil production exceeds 4 million barrels per day (bpd), placing it among the world’s leading suppliers, as global demand holds steady near 100 to 105 million bpd, according to International Energy Agency (IEA) data released on Tuesday.

Global output is led by the United States, Saudi Arabia, Russia, and Iraq, OPEC’s second-largest producer.

On the consumption side, the United States remains the largest oil consumer at roughly 20.3 million bpd, followed by China at about 16.1 million bpd and India at around 5.2 million bpd. Russia, Saudi Arabia, and Brazil each consume between 3 million and 4 million bpd.

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

https://shafaq.com/en/Economy/Iraq-output-tops-4M-bpd-as-global-oil-demand-holds-near-105M-bpd

EIA: Iraq Second In OPEC Oil Exports To US In February

2026-05-05 Shafaq News- Baghdad/ Washington   US crude oil imports from the Organization of the Petroleum Exporting Countries (OPEC) climbed above 40 million barrels in February, with Iraq emerging as the second-largest supplier among member states, the US Energy Information Administration (EIA) said on Tuesday.

The United States imported 8.680 million barrels of crude from Iraq, OPEC's second-largest producer, placing it behind Saudi Arabia, which led with 14.749 million barrels. Venezuela followed in third place with 8.149 million barrels.

Nigeria supplied 3.893 million barrels, while Libya exported 3.114 million barrels. Kuwait delivered 1.111 million barrels, followed by Algeria with 412,000 barrels, Gabon with 306,000 barrels, and Equatorial Guinea with 258,000 barrels. The United Arab Emirates contributed 177,000 barrels.

No US crude imports were recorded from Congo or Iran over the same period.

https://shafaq.com/en/Economy/EIA-Iraq-second-in-OPEC-oil-exports-to-US-in-February

Dollar Rises In Baghdad And Erbil Markets

2026-05-05 Shafaq News- Baghdad/ Erbil   The US dollar opened Tuesday’s trading higher 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, up from the previous session’s 152,500 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 153,100 dinars and buying prices at 153,000 dinars.

https://shafaq.com/en/Economy/Dollar-rises-in-Baghdad-and-Erbil-markets-7-8

Gold Prices Climb In Baghdad, Dip In Erbil

2026-05-05 Shafaq News- Baghdad/ Erbil   On Tuesday, gold prices rose in Baghdad to around 980,000 IQD per mithqal for 21-carat gold, while declining in Erbil, according to a market survey by Shafaq News.

Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 983,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 979,000 IQD, compared to 980,000 IQD on Monday.

The selling price for 21-carat Iraqi gold stood at 953,000 IQD, with a buying price of 949,000 IQD IQD. In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 985,000 and 995,000 IQD, while Iraqi gold sold for between 955,000 and 965,000 IQD.

In Erbil, gold prices declined, with 22-carat gold sold at 1,027,000 IQD per mithqal, 21-carat gold at 980,000 IQD, and 18-carat gold at 840,000 IQD. https://shafaq.com/en/Economy/Gold-prices-climb-in-Baghdad-dip-in-Erbil-9

Gold Edges Higher After Slump As Oil Limits Rally

2026-05-05 Shafaq News   Gold prices rose on Tuesday ‌from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the U.S. interest rate outlook.

Spot gold rose 0.5% to $4,543.87​per ounce by 0757 GMT, after a more than 2% drop on ​Monday. U.S. gold futures for June delivery were up 0.5% at $4,554.10.

"Prices seem ⁠to be digesting a bit after the return of the 'war trade' across markets ​sent gold lower Monday," said Ilya Spivak, head of global macro at Tastylive.

However, gains were ​capped as Treasury "yields and the dollar pushed higher as a rebound in crude oil stoked inflation fears. That weighed against non-interest-bearing and anti-fiat gold," Spivak said.

The dollar rose and Brent crude hovered above $113 ​a barrel as the U.S. and Iran continued to work towards a truce ​while trading blows over the Strait of Hormuz.

The U.S. military said on Monday it destroyed six Iranian small ‌boats ⁠and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.

A stronger U.S. currency makes dollar-priced metals more expensive for holders of other currencies.

Meanwhile, higher crude oil prices can ​stoke inflation, 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.

Traders ​have largely priced out U.S. interest rate cuts for this year, ​with markets ⁠now seeing a 37% chance of a hike by March 2027, compared with 27% of a reduction a week earlier.

Investors now await a slew of key U.S. data this ⁠week, including ​job openings, the ADP employment report, and the ​April payrolls report.

Spot silver was up 0.8% at $73.29 per ounce, platinum gained 1.7% to $1,978.77, and palladium rose 1.1% ​to $1,496.25.

(REUTERS) https://shafaq.com/en/Economy/Gold-edges-higher-after-slump-as-oil-limits-rally

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

THE US$ HAS DIED

THE US$ HAS DIED

GoldSwitzerland  by Von Greyerz: 5-4-2026

What happens when money loses almost all of its value?

Egon looks at the decline of fiat currencies as he shares historical examples of currency collapse.

He breaks down what inflation really means and how purchasing power disappears over time (with an example of housing costs from 1926 vs 2026).

Watch the video to learn how to save your future from the weakening fiat money.

THE US$ HAS DIED

GoldSwitzerland  by Von Greyerz: 5-4-2026

What happens when money loses almost all of its value?

Egon looks at the decline of fiat currencies as he shares historical examples of currency collapse.

He breaks down what inflation really means and how purchasing power disappears over time (with an example of housing costs from 1926 vs 2026).

Watch the video to learn how to save your future from the weakening fiat money.

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

 


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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

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

Good Evening Dinar Recaps,

Markets on Edge as Iran Tensions and Oil Disruptions Shake Global Confidence

A prolonged Strait of Hormuz disruption and rising oil prices are fueling volatility and exposing deeper financial system vulnerabilities.

Good Evening Dinar Recaps,

Markets on Edge as Iran Tensions and Oil Disruptions Shake Global Confidence

A prolonged Strait of Hormuz disruption and rising oil prices are fueling volatility and exposing deeper financial system vulnerabilities.

 Overview

U.S. stock futures opened mixed as investors weigh geopolitical escalation between the U.S. and Iran against corporate earnings resilience. At the center of the uncertainty is the closure of the Strait of Hormuz, a critical global oil artery, which is driving energy price volatility and increasing inflationary pressure worldwide.

Key Developments

1. Mixed Market Signals Reflect Investor Uncertainty

Futures trading shows a divided market outlook, with:

  • Dow futures slightly lower

  • S&P 500 marginally higher

  • Nasdaq posting modest gains
    ‍ ‍
     This split performance highlights a market balancing short-term optimism from earnings with long-term geopolitical risk.

2. Strait of Hormuz Closure Disrupts Global Energy Flows

The ongoing shutdown of this key shipping route is restricting oil supply, pushing prices higher and intensifying global inflation concerns. As one of the world’s most critical energy corridors, any prolonged disruption could slow global economic growth.

3. Corporate Signals Suggest Underlying Caution

Despite some strong earnings, broader signals show hesitation:

  • Berkshire Hathaway has been a net seller of stocks for 14 consecutive quarters, indicating valuation concerns

  • GameStop shares declined following acquisition news

  • eBay surged, reflecting selective investor confidence
     These mixed signals point to a market lacking clear directional conviction.

4. Geopolitical Risk Continues to Dominate Sentiment

Escalating tensions and military warnings in the region, combined with uncertain diplomatic outcomes, are limiting investor risk appetite. Markets are increasingly sensitive to headline-driven volatility tied to geopolitical developments.

Why It Matters

The convergence of energy disruption, geopolitical instability, and cautious capital flows is creating a fragile financial environment. Historically, such conditions can trigger market corrections, policy responses, or broader financial system adjustments.

Why It Matters to Foreign Currency Holders

  • Increased potential for currency volatility tied to oil and risk sentiment

  • Strengthening of commodity-linked currencies amid rising energy prices

  • Continued pressure on global trade stability and capital flows

Implications for the Global Reset

  • Pillar 1: Inflation and Monetary Pressure

Rising oil prices may force central banks to maintain tighter monetary policies, even as growth slows, increasing the risk of stagflation-like conditions.

  • Pillar 2: Energy and Trade Realignment

Disruptions in key trade routes like the Strait of Hormuz could accelerate regional energy alliances and alternative trade corridors, reshaping global economic dependencies.

Closing Insight

Markets are showing resilience, but the underlying tone is cautious and reactive. The longer the Strait of Hormuz remains disrupted, the greater the risk that temporary volatility evolves into structural financial stress.

This is not just market volatility — it’s energy-driven financial pressure testing the stability of the global 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

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Monday Evening 5-4-26

USD Slips Against Dinar In Baghdad And Erbil

2026-05-04 Shafaq News- Baghdad/ Erbil   The US dollar opened Monday'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 152,900 dinars.

USD Slips Against Dinar In Baghdad And Erbil

2026-05-04 Shafaq News- Baghdad/ Erbil   The US dollar opened Monday'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 152,900 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 152,450 dinars and buying prices at 152,350 dinars.

https://shafaq.com/en/Economy/USD-slips-against-dinar-in-Baghdad-and-Erbil

Syrian Adviser Questions Economic Recovery Despite $46M Surplus

2026-05-04 Shafaq News- Damascus   Early signs of economic “recovery” in Syria require cautious interpretation and do not necessarily reflect sustainable structural improvement, government economic adviser Ziad Arabsh told Shafaq News on Monday.

After a visit to Damascus under an “intensive engagement” program, the International Monetary Fund (IMF) pointed to improved economic activity, stronger consumption and trade, and a relative rise in consumer and investor confidence in the country. However, Arabsh said these indicators mask deeper weaknesses, citing estimates by the Syrian Center for Policy Research showing real growth did not exceed 0.3%, while per capita GDP declined by 6%.

He described the reported $46 million budget surplus in 2025, the first since 1990, as “fragile,” driven primarily by strict austerity measures rather than productive gains. Customs revenues accounted for about 39% of total income, while wages and salaries made up roughly 41% of spending, reflecting a focus on short-term support over long-term investment.

According to Arabsh, the relative improvement in activity is largely tied to temporary factors, including stronger agricultural output due to rainfall, limited easing of sanctions, and early signs of regional reintegration, though he warned that structural constraints –including weak infrastructure, high production costs, and liquidity shortages– continue to limit any sustainable recovery.

The government, he acknowledged, has made progress in halting deficit financing through the central bank, improving fiscal transparency, and implementing tax and customs reforms, but major challenges remain, particularly in governance and public sector restructuring.

“The reality is growth without development,” Arabsh said, as recovery indicators have not translated into improved living conditions, with poverty levels still high and large segments of the population facing food insecurity.

In the short term, Arabsh predicted that 2026–2027 could see a return to deficits as public spending expands, with oil revenues expected to play a larger role in state income, and over the medium term, recovery will depend on large-scale investment and reconstruction, requiring “hundreds of billions of dollars and the creation of hundreds of thousands of jobs.”

Arabsh concluded that the most likely scenario is a gradual but uneven recovery, warning of widening social gaps unless policies shift toward inclusive and sustainable development.

https://shafaq.com/en/Economy/Syrian-adviser-questions-economic-recovery-despite-46M-surplus

Gold Prices Fall In Baghdad And Erbil

2026-05-04 Shafaq News- Baghdad/ Erbil   Gold prices declined Monday in Baghdad and Erbil markets, hovering below the million-dinar mark, according to a Shafaq News market survey.

On Baghdad's Al-Nahr Street, wholesale markets recorded a selling price of 980,000 IQD per mithqal (equivalent to five grams) for 21-carat Gulf, Turkish, and European gold, with a buying price of 976,000 IQD, down from 996,000 IQD the previous session.

Iraqi 21-carat gold sold at 950,000 IQD per mithqal, with a buying price of 946,000 IQD.

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

In Erbil, prices also fell, with 22-carat gold selling at 1.030 million IQD per mithqal, 21-carat at 982,000 IQD, and 18-carat at 842,000 IQD.   https://shafaq.com/en/Economy/Gold-prices-fall-in-Baghdad-and-Erbil-5-8

Kirkuk Oil Exports Hold At 200K Bpd Amid Kurdistan Supply Drop

2026-05-04 Shafaq News- Kirkuk   Iraq continues to export around 200,000 barrels per day (bpd) of crude oil from Kirkuk, despite a decline in supplies from the Kurdistan Region, sources at the North Oil Company told Shafaq News on Monday.

Approximately 30,000 bpd of the total exports has been supplied from the Kurdistan Region, the sources explained, adding that reduced production in the area in recent weeks, due to the suspension of operations by several oil companies, “has affected overall export volumes.”

resumption of activity by these companies could increase export volumes through Turkiye to between 400,000 and 500,000 bpd.

“To offset part of the shortfall, the North Oil Company has begun transporting crude from southern fields within Kirkuk province, at a rate of about 50,000 bpd,” the sources said, noting that the oil is delivered by tanker trucks to the K1 station before being pumped through the Kirkuk–Kurdistan pipeline.

These measures are part of an operational plan aimed at maintaining stable oil flows and avoiding a sharp decline in exports amid technical and operational challenges affecting some fields. “The reliance on tanker transport is a temporary solution to sustain supplies until halted fields resume operations, and oil companies return to normal activity.”

The Kirkuk–Kurdistan pipeline remains a key export route, used to transport part of the province’s output along with additional volumes supplied from other areas. The current situation requires coordination between the Iraqi government and the Kurdistan Regional Government “to ensure stable production and exports.”

Read more: Iraq’s oil restart tests a fragile federal compact

https://shafaq.com/en/Economy/Kirkuk-oil-exports-hold-at-200K-bpd-amid-Kurdistan-supply-drop

Iranian Toman Approaches 200,000-Per-Dollar Threshold On Hormuz Tensions

2026-05-04 Shafaq News- Tehran   The US dollar traded at around 190,900 tomans in Iran’s open market on Monday (1 toman = 10 rial) nearing the 200,000 threshold amid mounting pressure on the national currency.

Data from exchange monitoring platforms indicated continued upward movement, with traders expecting further gains if political and security tensions persist.

The rise came after US President Donald Trump announced that Washington would begin assisting stranded vessels in the Strait of Hormuz on Monday, guiding them out of the waterway under the initiative of “Project Freedom,” warning that any interference would be met with force. Iran, in turn, warned US forces against entering the strait, saying it would respond to any foreign military action it deems a threat.

 https://shafaq.com/en/Economy/Iranian-toman-approaches-200-000-per-dollar-threshold-on-Hormuz-tensions

ISX Reports About $4M In Weekly Trading

2026-05-04 Shafaq News- Baghdad   The Iraq Stock Exchange (ISX) recorded more than 6 billion dinars in trading volume last week —roughly $4 million.

According to the recorded data, 3.92 billion shares were traded during the week. The ISX60 index closed at 983.02 points, reflecting a 0.39% decrease from the previous session.

Throughout the week, the exchange executed 5,736 sale and purchase contracts involving listed companies. A total of 67 companies saw their shares traded, while 29 firms recorded no transactions due to unmatched buy and sell orders. Eight companies remain suspended for failing to disclose financial data, out of 104 listed firms.

Non-Iraqi investors purchased 10 million shares worth 34 million dinars (about $22,300) through 25 transactions, while selling 8 million shares valued at 25 million dinars (roughly $16,400) across 48 transactions.

https://shafaq.com/en/Economy/ISX-reports-about-4M-in-weekly-trading

Syria’s New Customs System Disrupts Semalka Imports From Kurdistan

2026-05-04   Shafaq News- Damascus   Imports from Iraqi Kurdistan through the Semalka border crossing in Syria’s Al-Hasakah province declined following the implementation of new procedures by Syria’s General Authority for Border Crossings and Customs, a source at the crossing told Shafaq News on Monday.

Dozens of traders have halted imports via Semalka and shifted to other Syrian crossings with Turkiye and Iraq, the source said, adding that activity has dropped by about half over the past three weeks compared with previous years.

Farhad Youssef, a customs broker, told our agency that the unified customs system imposed by the Syrian government includes strict restrictions on the entry of certain goods, along with extensive documentation requirements, at a time when state institutions in Hasakah are not fully operational.

“The new measures prompted brokers and shipping companies to take collective strike action starting today, halting cargo entry until further notice.”

According to Youssef, a meeting is expected between customs brokers, traders, and crossing authorities to discuss the procedures and seek solutions to facilitate trade with the Region.

Semalka previously operated under a customs system linked to the Autonomous Administration in northeast Syria before being brought under the Syrian government as part of the January 29 agreement between the Syrian Democratic Forces (SDF) and Damascus, implemented in mid-April.

On April 20, the Al-Yarubiyah–Rabia crossing with Iraq reopened after nearly 13 years of near-total closure due to security conditions and military operations in the region, becoming the third land route between Syria and Iraq following the earlier reopening of Al-Qaim–Al-Bukamal and Al-Waleed–Al-Tanf crossings.

https://shafaq.com/en/Economy/Syria-s-new-customs-system-disrupts-Semalka-imports-from-Kurdistan

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