Seeds of Wisdom RV and Economics Updates Monday Evening 5-11-26

Good Evening Dinar Recaps,

Oil Shock and Currency Volatility Intensify Pressure on the Global Financial System

Rising energy prices, inflation fears, and geopolitical instability are accelerating concerns about long-term monetary and economic stability

Global markets are increasingly reacting to geopolitical conflict as investors reassess inflation, currencies, and the future direction of the financial system

Overview (Key Points)

Financial markets faced renewed volatility today as the ongoing Gulf crisis and rising oil prices intensified fears surrounding inflation, central bank policy, and global economic stability.

The U.S. dollar strengthened while several import-dependent economies experienced growing currency pressure amid concerns that disruptions involving the Strait of Hormuz could continue for an extended period.

Meanwhile, investors are increasingly warning that prolonged energy instability may force central banks to maintain tighter monetary policies, slowing economic growth while increasing financial stress across debt markets.

The developments highlight how rapidly geopolitical conflict is reshaping global monetary conditions and accelerating discussions surrounding long-term structural changes within the international financial system.

Key Developments

1. Oil Prices Continue Driving Global Market Volatility

Crude oil prices climbed again after renewed tensions involving Iran and the United States increased fears of prolonged disruption across Middle East energy routes.

Brent crude moved above $104 per barrel, while traders continued closely monitoring shipping activity through the Strait of Hormuz.

Analysts warn that sustained energy shocks could fuel broader inflation across transportation, manufacturing, and consumer goods sectors worldwide.

2. The U.S. Dollar Strengthens as Investors Seek Stability

The dollar edged higher today as investors moved toward safe-haven assets amid rising geopolitical uncertainty.

Currencies in several energy-importing economies, including Europe and Asia, faced increasing pressure as higher oil prices threatened trade balances and inflation stability.

This reflects how energy shocks continue influencing global currency markets and capital flows.

3. Central Banks Face Renewed Inflation Pressure

Markets are increasingly concerned that central banks may delay future interest rate cuts due to persistent inflation risks tied to rising oil prices.

Reuters reported that the Iran conflict has already slowed the global easing cycle, with major central banks maintaining higher rates amid inflation concerns.

Higher energy costs are complicating efforts to stabilize economies already burdened by elevated debt levels and slowing growth.

4. Sovereign Debt and Bond Markets Show Signs of Stress

Rising inflation expectations are increasing pressure on sovereign debt markets, particularly in highly indebted economies.

Analysts warn that prolonged geopolitical instability combined with higher borrowing costs could expose vulnerabilities across:

• Government debt markets

• Private credit sectors

• Shadow banking systems

The Federal Reserve recently identified geopolitical risk and oil shocks as major threats to financial stability.

5. Multipolar Financial Trends Continue Expanding

As global instability rises, discussions surrounding:

• Alternative payment systems

• BRICS trade cooperation

• Currency diversification

• Reduced dollar dependency

continue gaining attention internationally.

While the U.S. dollar remains dominant, geopolitical fragmentation is accelerating conversations about a more diversified global financial structure.

Why It Matters

The combination of energy instability, inflation pressure, and geopolitical rivalry is creating growing strain on the existing financial order.

Modern markets are increasingly interconnected, meaning regional conflicts now carry immediate consequences for:

• Currencies

• Bond markets

• Central bank policy

• Global trade flows

Why It Matters to Foreign Currency Holders

Periods of geopolitical uncertainty often trigger:

• Currency volatility

• Inflation risks

• Capital flight toward safe-haven assets

• Pressure on import-dependent economies

Countries heavily reliant on energy imports may face additional stress on reserves and national currencies if oil prices remain elevated.

Implications for the Global Reset

• Pillar 1: Energy Security Is Becoming Monetary Security

Control over energy flows and shipping routes is increasingly shaping inflation, interest rates, and currency stability worldwide.

• Pillar 2: Geopolitical Fragmentation Is Reshaping Global Finance

Rising tensions between major powers are accelerating discussions around alternative trade systems, payment mechanisms, and reserve diversification.

Conclusion

Today’s market reactions reinforce a growing reality: geopolitical conflict is no longer separate from global finance — it is becoming one of its primary drivers.

As oil shocks, inflation fears, and monetary uncertainty intensify simultaneously, the international financial system faces mounting pressure from forces that continue reshaping the balance of economic power.

The current environment suggests the world may be entering a prolonged period where energy, geopolitics, and finance become more interconnected than ever before.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Dollar edges up as Trump rejects Iran peace move"

• Reuters — "Geopolitical risks, oil shock cited as top worries in Fed financial stability report"

~~~~~~~~~~

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 Recap

Iraq Economic News and Points To Ponder Monday Evening 5-11-26

Iraq Finance Minister And European Bank Discuss Economic Reform

Iraq   Jawad Al-Samarraie   May 11, 2026   The Ministry of Finance in Iraq.

Baghdad (IraqiNews.com) – Iraqi Finance Minister Taif Sami met with Caterina Hansen, Director of the European Bank for Reconstruction and Development (EBRD), on Monday, May 11, 2026. The high-level meeting, which included the head of the Iraqi Fund for External Development, focused on strengthening developmental cooperation and accelerating economic reform pathways within the country.

According to an official statement from the Ministry, both parties reviewed a series of financial and economic files aimed at enhancing institutional performance. Specifically, the discussions highlighted mechanisms to support government projects that improve the efficiency of the financial sector, aligning with Iraq’s broader vision for sustainable economic stability and modern administrative practices.

Furthermore, the meeting explored opportunities for expanding technical and advisory cooperation. Minister Sami emphasized the importance of utilizing international expertise to support the government’s current reform agenda. This partnership is expected to create a more robust environment for investment and development, helping to diversify Iraq’s economy beyond its traditional reliance on oil.

Consequently, the continued coordination between Iraq and the European Bank is seen as a strategic step toward modernization. By integrating global financial standards and fostering institutional development, Iraq aims to ensure long-term fiscal health and a more resilient economic infrastructure for its citizens.

https://www.iraqinews.com/iraq/iraq-finance-minister-european-bank-cooperation-2026/

Iran's President Thanks Al-Sistani And Iraqis For “Backing Iranian People”

2026-05-11 Shafaq News- Tehran   Iranian President Masoud Pezeshkian on Monday thanked Iraq's top Shia cleric, Grand Ayatollah Ali al-Sistani, known as The Marjaiya, for his support of the Iranian people, expressing gratitude as well to the Iraqi people for their solidarity with the Islamic Republic.

 In a post on X, Pezeshkian described al-Sistani's religious authority as "an enduring fortress and steadfast pillar for the oppressed."

 Masoud Pezeshkian  @drpezeshkian  I extend the highest expressions of gratitude for the generous support extended by His Eminence Grand Ayatollah Sayyid al-Sistani (may his shadow endure) toward the Islamic Republic of Iran and those affected by the recent aggression, while appreciating the solidarity of the brotherly Iraqi people. The religious authority has always remained an impregnable fortress and a steadfast pillar for the oppressed.

 Last March, al-Sistani urged “Muslims and free peoples of the world” to stand with Iran, warning that the continuation of war risked triggering "sweeping chaos and widespread instability" across the region.

 The Marjaiya, alongside several other institutions, also launched a humanitarian aid campaign for both the Iranian and Lebanese peoples during the war.

 https://www.shafaq.com/en/Iraq/Iran-s-president-thanks-al-Sistani-and-Iraqis-for-backing-Iranian-people

The Securities Commission Grants The First Approval To A Foreign Brokerage Firm To Operate In The Iraqi Market.

The Iraqi Securities Commission announced on Sunday that it has issued official approval to a foreign brokerage firm to operate within the Iraqi stock markets, making it the first company to obtain this approval according to the modern regulatory procedures recently adopted by the commission .

The commission confirmed in a statement seen by Al-Sa’a Network that “this step comes within its plan aimed at developing and regulating the work environment in the Iraqi financial market, by promoting the principles of transparency, efficiency and commitment to modern international standards, which contributes to supporting investment and stimulating trading activity within the market .”

The statement added that "the Authority is working to attract international expertise and companies to the Iraqi market, with the aim of raising the level of financial and institutional performance and enhancing confidence in the local financial sector, which will positively impact the investment environment in the country ."

He explained that "the foreign company has completed all the necessary technical and regulatory requirements to obtain approval, including investor protection standards and ensuring the integrity of the legal and regulatory procedures for the work of brokerage firms ."

He explained that "granting this approval represents an important indicator of the Authority's direction towards opening the door for new foreign brokerage companies to enter the Iraqi market, which contributes to the development of the Iraqi capital market and increases its ability to attract local and international investments ."

The Authority stressed that "supporting and developing the stock market and protecting investors is one of its main objectives during the next phase, within the framework of its efforts to build a more stable and efficient financial market ."

https://alssaa.com/post/show/52170-هيئة-الأوراق-المالية-تمنح-أول-موافقة-لشركة-وساطة-أجنبية-للعمل-في-السوق-العراقي

Sources Told Al-Watan News That A Crucial Meeting Of The Coordinating Framework Will Be Held This Evening To Agree On The Final Formula For Sharing Ministerial Portfolios

 latest news  Monday, May 11, 2026  Baghdad – One News   Sources told Lawan News that the coordinating framework is holding a meeting this evening, which it described as "crucial," to discuss the distribution of ministerial portfolios in the next government. 

The sources said that the meeting will focus on resolving the remaining disputes regarding the sovereign and service ministries, and agreeing on the final formula for sharing portfolios between the framework forces and other political forces. 

They added that the meeting comes amid escalating pressure to expedite the completion of political understandings, in preparation for passing the government cabinet within the House of Representatives during the next stage. According to the sources, the file of the Ministry of Interior and the service ministries will be among the most prominent files on the table for discussion.    https://1news-iq.net/مصادر-لوان-نيوز-اجتماع-حاسم-للإطار-الت/

Iraq PM-Designate ‘Unlikely’ To Present Cabinet This Week

2026-05-11 Shafaq News- Wasit   Prime Minister-designate Ali Al-Zaidi is unlikely to submit Iraq’s cabinet lineup to parliament this week despite earlier expectations of a swift confidence vote, Mohammed Al-Mayahy, head of the Wasit parliamentary bloc, told Shafaq News on Monday.

Al-Mayahy warned against rushing the government formation process, saying there was still sufficient constitutional and legal time to finalize the cabinet and cautioning that haste could produce a “distorted government.” 

He explained that the next 10 days would likely determine the shape of the incoming government amid “broad political consensus” on forming the cabinet. Safwan Al-Gargari, Secretary-General of Iraq’s Parliament, had revealed that a parliamentary confidence session could be held on Monday or Tuesday once the cabinet lineup is submitted. 

Al-Zaidi had not yet adequately reviewed the nominees proposed for ministerial portfolios, Al-Mayahy added, stressing that electoral entitlements and political balance would shape the final cabinet lineup. 

Under Article 76 of Iraq’s constitution, Al-Zaidi has 30 days from his April 27 designation to form a government and secure parliamentary approval. Political sources earlier told Shafaq News that disputes continue over several sovereign and security ministries, particularly Oil and Defense, while Al-Zaidi was considering initially presenting around 14 ministerial portfolios for parliamentary approval as negotiations continue.

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

 https://www.shafaq.com/en/Iraq/Iraq-PM-designate-unlikely-to-present-cabinet-this-week

Egypt-China Consortium Launches $71M Iraq Oil Sector Project

2026-05-11 Shafaq News- Baghdad    A consortium including Egypt’s Nasr General Contracting Company, a subsidiary of Hassan Allam Holding, and China’s EBS has launched a $71 million residential and logistics complex project for Iraq’s Midland Oil Company aimed at strengthening the country’s energy infrastructure. 

During a foundation stone-laying ceremony, Ahmed Al-Mahmoudy, CEO and managing director of Nasr General Contracting, indicated that the company’s operations in Iraq reached around $123 million over the past year, including bridge rehabilitation projects in Mosul and road and intersection development works in Baghdad. Discussions continue over additional infrastructure and transport projects linked to the oil sector, he added. 

The project comes as Iraq seeks to expand oil production capacity amid intensifying competition in global energy markets. Data published by S&P Global Energy in January 2026 indicated that Iraq is expected to bring one of the world’s largest new oil field developments online this year, adding substantial crude supplies to markets increasingly shaped by production growth outside the OPEC+ alliance. 

Oil remains the backbone of Iraq’s economy, generating more than 90% of government revenue. As the second-largest producer in OPEC+, Iraq pumps around 4.4 million barrels per day. 

Earlier this year, the Iraqi Drilling Company announced the drilling and rehabilitation of 237 oil wells nationwide in 2025, stressing Baghdad’s focus on expanding upstream capacity despite repeated calls for broader economic diversification.

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

 https://www.shafaq.com/en/Economy/Egypt-China-consortium-launches-71M-Iraq-oil-sector-project

Seeds of Wisdom RV and Economics Updates Monday Afternoon 5-11-26

Good Afternoon Dinar Recaps,

Europe Faces Inflation Shock as Iran War Reshapes Monetary Policy Expectations

Energy-driven price pressures and rising bond yields are increasing fears of prolonged financial instability across the euro zone

The growing conflict involving Iran is no longer just a geopolitical crisis — it is rapidly becoming a major challenge for European central banks and financial markets

 Overview (Key Points)

The ongoing Iran conflict is creating mounting inflation fears across Europe, forcing investors and policymakers to reassess the future direction of monetary policy within the euro zone.

Rising oil prices and instability surrounding the Strait of Hormuz have triggered sharp increases in European government bond yields, particularly in Germany and Italy.

Financial markets increasingly fear that prolonged energy disruptions could force the European Central Bank (ECB) to maintain tighter monetary policy for longer than previously expected.

The crisis highlights how geopolitical instability is becoming deeply interconnected with inflation, sovereign debt markets, and global financial stability.

Key Developments

1. Euro Zone Bond Yields Rise on Inflation Concerns

European government bond yields moved higher as investors reacted to renewed Middle East tensions and rising energy prices.

Germany’s benchmark yields climbed alongside Italian bond yields, signaling growing expectations that borrowing costs across Europe may remain elevated.

Markets increasingly believe the ECB could face pressure to prioritize inflation control over economic growth.

2. Europe’s Energy Vulnerability Remains Exposed

Despite diversification efforts in recent years, Europe remains heavily dependent on imported energy supplies tied to global oil and gas markets.

Disruptions linked to the Strait of Hormuz continue increasing concerns about:

• Long-term supply insecurity

• Higher transportation costs

• Industrial production strain

• Consumer price increases

This reinforces Europe’s vulnerability to external geopolitical shocks.

3. Oil Prices Continue Feeding Inflation Fears

Energy inflation is spreading through multiple sectors of the European economy.

Higher fuel and transportation costs are contributing to:

• Rising production expenses

• Consumer inflation pressures

• Slower economic growth expectations

Analysts warn that prolonged energy instability could reverse recent progress made in reducing inflation across the euro zone.

4. Central Banks Face a Difficult Balancing Act

The European Central Bank now faces increasing pressure between two competing priorities:

• Containing inflation

• Protecting fragile economic growth

Aggressive rate hikes may help stabilize inflation expectations but could also increase stress on highly indebted European economies already facing slow growth.

5. Geopolitical Conflict Is Reshaping Global Monetary Policy

The crisis demonstrates how modern inflation is increasingly driven by:

• Wars

• Energy disruptions

• Strategic rivalries

• Supply chain instability

Central banks are no longer responding only to domestic economic conditions but also to geopolitical risks far beyond their borders.

 Why It Matters

The euro zone plays a central role in the global financial system.

Persistent inflation combined with rising borrowing costs could impact:

• Sovereign debt markets

• Global investment flows

• Banking stability

• International trade confidence

The situation underscores how energy security and monetary policy are becoming increasingly intertwined.

Why It Matters to Foreign Currency Holders

Periods of inflation uncertainty often trigger:

• Currency volatility

• Shifts in capital flows

• Changes in reserve allocation strategies

If European growth weakens while inflation remains elevated, pressure on major currencies and financial markets could intensify.

Implications for the Global Reset

• Pillar 1: Energy Shocks Are Reshaping Monetary Policy

The Iran conflict highlights how energy disruptions now directly influence interest rates, inflation expectations, and sovereign debt markets.

• Pillar 2: Geopolitics and Finance Are Becoming Increasingly Interconnected

Wars and strategic competition are playing a growing role in shaping global monetary decisions and financial stability.

Conclusion

The Iran war is rapidly evolving into more than a regional security crisis — it is becoming a major monetary and financial challenge for Europe and the broader global economy.

As energy volatility drives inflation fears higher, central banks may be forced into increasingly difficult policy decisions that carry long-term consequences for growth, debt markets, and financial stability.

The crisis reflects a larger transformation underway in the global economy where geopolitics, energy security, and monetary policy are now deeply interconnected.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — "The Iran War Is Reshaping European Monetary Policy Through Energy Driven Inflation Fears"

• Reuters — "Euro zone bond yields rise as oil prices and inflation fears grow"

~~~~~~~~~~

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 Recap

Iraq Economic News and Points To Ponder Monday Afternoon 5-11-26

The Ministry Of Commerce Announces The Launch Of New Electronic Services And The Digital Linking Of Warehouses And Agents In Seven Governorates.

Money and Business    Economy News – Baghdad    The Ministry of Trade announced on Monday the launch of additional services as part of the electronic transformation in seven governorates, while revealing a plan to link warehouses and agents electronically.

Riyadh Al-Moussawi, Director General of the Commercial and Financial Control Department at the Ministry, said that "more than seven governorates have witnessed the launch of additional services within the electronic transformation, and work is continuing to expand these services."

He explained that "the ministry is serious about implementing digital transformation plans and moving away from paper transactions, including the ration card and the mechanisms for serving citizens benefiting from it," indicating that "citizens will be able to complete transfer, splitting, deletion and other transactions via mobile phone."

He added that "there are plans to develop the program adopted in the Planning and Follow-up Department, which will allow us to know which citizens have received the food basket items from the agents, and which have not, as well as knowing the number of rations that have reached each agent."

He added that "the ministry is working on linking warehouses and agents electronically, while preparing a geographical map of the agents' network to know their locations accurately," noting "the trend towards equipping shops with surveillance cameras, in conjunction with the adoption of electronic payment devices."https://www.economy-news.net/content.php?id=68952

Al-Sudani's Advisor: Iraq's Revenues Are 4 Trillion Dinars And Expenditures Exceed 8 Trillion Dinars Monthly.

Money and Business   Economy News – Baghdad   Muzhir Muhammad Salih, advisor to Prime Minister Muhammad Shia al-Sudani, announced that Iraq’s revenues amount to about 4 trillion dinars due to the decline in oil exports, while its expenditures amount to 8 trillion dinars. To address this situation, Iraq has two options: internal and external borrowing.

Saleh said that Iraq’s public finances are going through a “sensitive phase” due to the significant drop in oil revenues, which has led to a decrease in monthly revenues to approximately 4 trillion dinars, compared to the country’s financial obligations of more than 8 trillion dinars per month.

The eight trillion includes salaries and basic operating expenses.

Muzhir Muhammad Salih pointed out that this situation creates a temporary liquidity crisis rather than a deficit that threatens the continuity of the state's ability, but the continuation of this gap for a long period will create more pressure on economic and monetary stability in Iraq.

Iraq’s oil revenues, which account for more than 84% of Iraq’s expenditures, have fallen to about 2.5 trillion dinars, which can only cover 34% of salary funds.

According to the Prime Minister's advisor, fiscal policy will follow two paths to deal with the crisis, the most important of which is the continuity of public spending, or it will follow both paths together.

The first path: Increase local financing activity through domestic borrowing and short-term loans in coordination with the central bank, which provides liquidity quickly to enable the state to meet its financial obligations. However, failure to implement this path positively will lead to increased inflationary pressures and affect the value of the dinar against the dollar.

The second path: resorting to external financing through international financial institutions, issuing bonds and borrowing from abroad, which supports the foreign reserves of the central bank, gives confidence in the financial stability of Iraq and stabilizes the value of the dinar against the dollar, but this step also has conditions and financial obligations.

The war between Iran, America and Israel led to the closure of the Strait of Hormuz since February 28, which was the main route for Iraqi oil exports, and despite the ceasefire now, there are still problems with the movement of oil tankers in the strait.

Muzhir Muhammad Salih noted that Iraq’s foreign reserves are currently less than $100 billion, which covers 12 months of imports, while the international standard for the trade capacity of foreign reserves is three months.

https://www.economy-news.net/content.php?id=68939

Parliamentary Finance Committee: Oil Revenues Cover Only A Third Of Salaries

Money and Business   Economy News – Baghdad   Iraqi oil revenues cover only about a third of salaries, and according to a member of the Finance Committee, Baghdad needs to borrow between four and five trillion dinars per month.

According to official statistics from the Iraqi Oil Marketing Company (SOMO), oil exports in March amounted to 18.6 million barrels.

Oil revenues for that month amounted to $1,157,121,000, equivalent to 2.5 trillion dinars at the official exchange rate of the dinar against the dollar.

The decline in Iraqi oil revenues comes at a time when the federal government needs 7.2 trillion dinars per month to secure the salaries of employees, retirees, and those covered by social welfare, including the salaries of the Kurdistan Region.

A report by the Federal Ministry of Finance on expenditures and revenues for January and February revealed that more than 84% of Iraq's expenditures depend on oil. Consequently, oil revenues cover only 34.7% of the total salaries for that month.

Borrowing approximately 4-5 trillion per month

Jamal Kojar, a member of the Finance Committee in the Iraqi Parliament, explained that "the federal government has to borrow between four and five trillion dinars per month, according to current oil revenues."

Reports from the Iraqi Ministry of Finance also showed that its debts amounted to 10.5 trillion dinars in the first three months of this year.

To address this shortfall in revenue and expenditure funds, the current caretaker government does not have a free hand to deal with it.

Jamal Kojer explained that there are several ways for the government to address this deficit, which are borrowing from government banks such as Al-Rafidain, Al-Rasheed and the Trade Bank of Iraq (TBI), where interest rates are low compared to private banks, or resorting to withdrawing the currency reserve at the Central Bank.

https://www.economy-news.net/content.php?id=68937

The Parliamentary Finance Committee Calls For The Disbursement Of Employee Salaries For The Month Of May Before Eid Al-Adha.

Money and Business   Economy News – Baghdad    The parliamentary finance committee confirmed that the government is able to secure the necessary liquidity to pay salaries, calling for the payment of employee salaries for the current month of May before the Eid al-Adha holiday.

Jamal Kojar, a member of the Finance Committee, told the official newspaper, as reported by “Al-Eqtisad News,” that “the salaries are secured and there is no dispute about them, and the government can distribute this month’s salaries before Eid, and there is no obstacle,” explaining that “the distribution process usually begins on the 18th of the month, and is supposed to be completed by the 25th.”

He added that “this month has a special status because of Eid al-Adha, which necessitates bringing forward the date of salary payments before the holiday, and there is a real possibility of achieving that.”

Regarding the financial situation, Koger explained that “the new government, if formed, will have three options for managing the current fiscal year. The first is to operate on a 1/12 system, which means difficulty in implementing the government program. The second option is to prepare a semi-annual budget, or to adopt a ready-made budget from the previous government if one exists, or to prepare a new budget in record time and send it to Parliament.”

He pointed out that “the third option is to enact a law similar to the food security law,” noting that “this option is the closest to being implemented given the limited time and the approaching end of the first half of the year.”

Kujer stressed that “a comprehensive budget is one that fully reflects the government program,” explaining that “resorting to temporary solutions may allow for the implementation of only parts of the program, and not its comprehensive implementation.”

 https://www.economy-news.net/content.php?id=68936

More “Iraq News” Posted by Tishwash at TNT 5-11-2026

TNT:

Tishwash:  The reason for postponing the vote on the cabinet today has been revealed.

Former MP Abdul Hadi Al-Saadawi revealed on Sunday the reasons for postponing the vote on the cabinet in the House of Representatives, attributing this to the failure of some political blocs to decide on their candidates for ministerial portfolios, which led to the inability to vote on the government formation today.

Al-Saadawi told Al-Furat News Agency, “It was likely that the Al-Zidi government would be given confidence today in the House of Representatives after all preparations were completed; however, the vote was postponed as a result of some political blocs not deciding on their candidates for the ministries.”

He added that "it is too early to announce the completion of the cabinet due to the existence of disagreements between the political blocs," indicating that "the absence of a fully empowered government is having a negative impact on the country."

Al-Saadawi pointed out that "there are major obstacles facing the prime minister-designate, even from within the coordination framework and the rest of the national space, which requires more consultation and effort to convince the blocs to proceed with presenting the cabinet and voting on it within the House of Representatives."

He pointed out that "Al-Zidi has a strong incentive to complete his cabinet through consultation and understanding with various political forces."

Regarding the challenges facing the new government, Al-Saadawi explained that "the first of these is the financial file," expecting "its move towards raising the exchange rate of the dinar to reduce the deficit in the 2026 budget," considering "this a difficult decision in addition to the security challenges in the region, especially the American-Iranian war and the repercussions it imposes on the country."

He concluded by saying that "the next government needs a clear economic and security vision to keep Iraq away from the region's conflicts."  link

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

Tishwash: The Securities Commission grants the first license to a foreign brokerage firm to operate in Iraq.

On Sunday, the Securities Authority announced that it had granted official approval to a foreign brokerage firm to operate in the securities markets, making it the first company to receive this approval in accordance with the modern regulatory procedures adopted by the Authority.

The commission confirmed in a statement that this step comes within its ongoing efforts to regulate and develop the work environment in the Iraqi financial market and enhance transparency and efficiency in line with best international practices, and in a way that contributes to supporting investment, stimulating trading activity and attracting global expertise to the market.

She explained that the approval was granted after the company completed all the technical and regulatory requirements, ensuring the integrity of the procedures and protecting the rights of investors, as well as raising the level of institutional performance of brokerage companies operating in the market.

The statement affirmed that this approval is an important indicator of the Authority’s direction towards opening new horizons for brokerage companies, especially foreign ones, and encouraging the entry of new companies that contribute to the development of the Iraqi capital market and enhance investor confidence in it, which represents one of the Authority’s main objectives in regulating, protecting and developing the market.   link

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

Tishwash:  Mounting financial pressures threaten the 2026 budget.

The government faces an early challenge in preparing the 2026 budget, amid declining oil revenues and escalating financial pressures, which puts it in front of limited options between presenting an austerity budget or temporarily continuing spending according to the 1/12 rule. Meanwhile, economic experts and specialists believe that the 2026 budget will face major financial challenges due to declining revenues, which may push it to reduce spending or postpone its approval. 

 Budget preparation

Nermin Maarouf, a member of the Finance Committee in the previous parliamentary session, confirmed in an interview with Al-Sabah that the government, if formed soon, still has time to submit the draft budget law, noting that its approval in previous years was often delayed until May or June. 

She added that the preparation of the budget in Iraq traditionally relies on simple items based on the allocations of the previous year, but she pointed out that there is no legal basis that allows for continued spending according to the (1/12) rule for two consecutive years in the absence of a budget.

 Compound impact

For his part, crisis management expert Ali Al-Fariji believes that the 2026 budget is no longer just a matter of timing, but a test of the state’s ability to deal with a “compound shock” that includes a decline in oil revenues and export disruptions as a result of regional tensions, in addition to the continued rise in operational spending within an economy that is almost entirely dependent on oil.

Al-Fariji explained in an interview with “Al-Sabah” that preparing a budget in the near term seems unlikely, due to the absence of stable assumptions related to oil prices and export levels, which suggests that the (1/12) rule will continue to be used temporarily until the financial vision becomes clear. 

Dependence on oil

He added that the main challenges are structural in nature, most notably the dependence of revenues on oil by nearly 90%, the high operating expenses which account for more than 70% of total spending, as well as cash pressures and weak efficiency of investment spending.

 Oil revenues

In the same context, economist Jalil Al-Lami confirmed in an interview with Al-Sabah that the option of submitting a full federal budget seems difficult in the short term, suggesting that the (1/12) rule will continue to be used temporarily, especially with the clear decline in oil revenues.

Al-Lami pointed out that Iraq used to rely on oil exports of around 3.5 million barrels per day with monthly revenues ranging between 7 and 9 billion dollars, before they decreased to about 2 billion dollars or less at some times, while the country needs at least 8 to 10 billion dollars per month to cover operating expenses, creating a financial gap that may reach 6 billion dollars per month.

Austerity budget

Al-Lami predicted that if the budget is prepared, it will be an austerity budget, based on an oil price between $60 and $65 per barrel, with a total size between 130 and 150 trillion dinars, and an expected deficit between 20 and 30 trillion dinars, which is subject to increase depending on 

Regarding developments in the oil market.

He added that the anticipated budget will not include an expansion in appointments or the launch of new projects, but will focus on completing existing projects and securing basic expenditures, with the possibility of resorting to internal borrowing or drawing from the cash reserve in the event that the crisis continues.

Temporary disbursement

He pointed out that “estimates indicate that the 2026 budget will either be a deferred budget managed through temporary spending, or an austerity budget focused on containing the crisis, at a time when the Iraqi economy is facing a real test to readjust the spending model and avoid slipping.” 

Towards a liquidity crisis in the near term.

The parliamentary finance committee expressed its position on borrowing from the central bank to finance domestic expenditures, noting that this issue is linked to the formation of the government.

 Borrowing proposal

Committee member Ribwar Karim told the Iraqi News Agency, as reported by Al-Sabah newspaper, that "the proposal to borrow from the Central Bank to finance domestic expenditures is on hold." 

On forming the government.

He added that "there is a conviction among the political parties and blocs that there are serious attempts to appoint the next prime minister  As soon as possible.

He explained that “if a government is formed, there will be no need to borrow, as a fully empowered government will begin its duties,” noting that “borrowing from the Central Bank is merely an opinion put forward by some members of parliament.”

He stated that “this proposal is primarily linked to the formation of the government, and if that happens, there will be no need for this proposal.”  link

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

Tishwash:  An Iraqi committee is exploring mechanisms for disarming factions amid escalating US pressure.

The Asharq Al-Awsat newspaper, quoting Iraqi political sources, revealed the formation of a high-level Iraqi committee tasked with preparing an executive project for disarming armed factions, in preparation for presenting it to American officials in the coming days, amid escalating American pressure on Baghdad regarding the issue of weapons and Iranian influence within Iraq.

According to the sources, the committee held unannounced meetings during the past period with leaders of armed factions to discuss mechanisms for disarmament and reintegration of some elements into the civilian and security state institutions, but some of those meetings witnessed tension and objections from parties that refuse to give up their weapons.

The information indicated that the committee is operating under a mandate from forces within the coordination framework, at a time when political warnings are increasing that the anticipated government headed by Prime Minister-designate Ali Faleh Kazem al-Zaidi may face major challenges in implementing reforms related to the issue of weapons and financial resources, which Washington accuses some Iraqi parties of smuggling to Iran.

According to the report, the US administration has shown support for al-Zaidi since his appointment, but it links the continuation of this support to making tangible changes related to reducing the influence of armed factions within Iraqi state institutions.

The newspaper also quoted officials and political sources as saying that the proposed project includes the disarmament of heavy and medium weapons and the restructuring of some formations of the Popular Mobilization Forces, amid doubts about the ability of the next government to actually implement these steps, with the likelihood that some of the current moves are an attempt to absorb American pressure and buy time.

In contrast, sources representing a number of armed factions confirmed their refusal to hand over weapons, believing that American pressure would not push them to back down from their positions or change the existing power equations.

In parallel, an informed source revealed an agreement between forces within the coordination framework and the prime minister-designate to form a special committee to restrict weapons to the state, which includes, in addition to al-Zaydi, Prime Minister Mohammed Shia al-Sudani, and the head of the Badr Organization, Hadi al-Amiri.

The source explained that the committee will develop practical mechanisms to regulate the weapons file and reintegrate some elements of the factions into civilian or security institutions, in line with the requirements of the current stage and the political and security challenges facing the country. link

Seeds of Wisdom RV and Economics Updates Monday Morning 5-11-26

Good Morning Dinar Recaps,

Global Energy and Security Risks Rise as Gulf Crisis Enters Dangerous New Phase

Growing geopolitical tensions and economic instability are increasing pressure on the global financial system

Escalating conflict dynamics between Israel, Iran, and major world powers are intensifying fears of prolonged market disruption and regional instability

 Overview (Key Points)

The Gulf crisis appears to be entering a more prolonged and strategically dangerous phase as diplomatic efforts continue struggling to gain traction.

Israeli leadership is expanding its security objectives beyond immediate military confrontation, while the United States has rejected Iran’s latest peace response, reinforcing concerns that the conflict could continue for an extended period.

At the same time, global markets remain highly sensitive to disruptions involving the Strait of Hormuz, one of the world’s most important energy corridors.

The crisis is increasingly evolving beyond a regional conflict and becoming a broader test of global economic resilience, energy security, and geopolitical influence.

Key Developments

1. Israel Expands Long-Term Security Objectives

Israeli Prime Minister Benjamin Netanyahu has broadened the strategic goals of the conflict to include:

• Weakening Iran’s regional influence

• Targeting ballistic missile infrastructure

• Disrupting nuclear capabilities

This raises the threshold for any future diplomatic settlement and reduces the likelihood of a rapid ceasefire agreement.

2. Regional Proxy Networks Remain Active

Despite temporary ceasefire announcements in some areas, clashes involving Hezbollah and other regional actors continue.

The conflict is increasingly becoming a multi-theater regional struggle, involving:

• State actors

• Proxy organizations

• Maritime security threats

This complexity increases the risk of prolonged instability across the Middle East.

3. China’s Diplomatic Role Continues Expanding

Upcoming discussions involving President Donald Trump and Chinese President Xi Jinping highlight China’s growing importance in Middle Eastern diplomacy.

China maintains strong economic ties with Iran while also depending heavily on Gulf energy supplies, positioning Beijing as a potentially influential mediator.

The situation reflects broader competition between the United States and China over:

• Energy security

• Trade routes

• Global geopolitical influence

4. Global Markets React to Strategic Energy Risks

Markets remain highly sensitive to developments surrounding the Strait of Hormuz.

Oil prices continue reacting sharply to:

• Military activity

• Diplomatic rhetoric

• Shipping disruptions

Analysts warn that energy markets are increasingly being driven by geopolitical uncertainty rather than traditional supply-and-demand fundamentals.

5. Economic Interdependence Is Becoming Militarized

The crisis is exposing how strategic geography and economic dependence can be used as geopolitical leverage.

Energy supply routes, maritime chokepoints, and trade corridors are now central to broader power competition between major nations.

This creates additional risks for countries already facing:

• Inflation pressures

• Slowing economic growth

• Financial market volatility

 Why It Matters

The Gulf crisis is demonstrating how regional conflicts can rapidly evolve into global economic events.

Disruptions involving energy flows, shipping routes, and geopolitical alliances have direct implications for:

• Inflation

• Global trade

• Financial stability

• Investor confidence

Why It Matters to Foreign Currency Holders

Periods of geopolitical instability often trigger:

• Currency volatility

• Rising commodity prices

• Capital shifts into safe-haven assets

Energy-importing nations may face increasing pressure on national currencies and foreign reserves if instability continues.

Implications for the Global Reset

• Pillar 1: Energy Security Is Reshaping Global Power Dynamics

Control over energy flows and strategic maritime routes is becoming increasingly tied to financial and geopolitical influence.

• Pillar 2: Multipolar Competition Continues Expanding

The growing involvement of China alongside traditional Western powers reflects the accelerating shift toward a more fragmented and competitive global order.

Conclusion

The rejection of Iran’s latest peace response signals that the Gulf crisis may be entering a prolonged and highly unstable phase.

As geopolitical competition, energy security, and financial market volatility become more interconnected, the risks facing the global economy continue to rise.

The situation highlights a broader reality: in today’s interconnected world, regional conflicts increasingly carry systemic consequences for the international financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — "Trump’s rejection of Iran’s peace response signals a prolonged Gulf crisis and global energy instability"

• Reuters — "Oil markets remain volatile amid Gulf tensions and shipping concerns"

~~~~~~~~~~ 

 🌱 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 Recap

Iraq Economic News and Points To Ponder Sunday Evening 5-10-26

Iraq Says Oil Exports Could Rapidly Return To Pre-War Levels If Hormuz Stabilizes

Baghdad announced preparations to rapidly resume full export capacity through the Strait of Hormuz, even as regional security uncertainty persists.

ERBIL (Kurdistan24) - Iraq’s Oil Ministry announced on Sunday that the country could restore crude oil exports to their previous levels within one week if stability returns to the Strait of Hormuz, despite ongoing regional tensions linked to the conflict involving Iran, the United States, and Israel.

Bassam Mohammed Khudair, deputy minister at Iraq’s Oil Ministry, said Baghdad possesses the operational capacity to quickly return exports to normal once maritime movement through the strategic waterway resumes safely.

“Before the recent security incidents, Iraq was exporting 3.4 million barrels of oil per day,” Khudair said, noting that Iraq’s actual production capacity currently stands at 4.2 million barrels daily.

He added that, in the event navigation through the Strait of Hormuz is fully restored, the ministry could return export operations to their previous natural levels within only one week.

Khudair revealed that two fully loaded crude oil tankers are currently prepared for movement, while Iraqi authorities are also awaiting the arrival of two additional vessels.

However, he stressed that the timing of the tankers’ departure remains directly tied to the broader regional security situation.

“The movement and departure of these vessels are directly linked to the stability of the region’s security conditions,” he said.

The Strait of Hormuz, considered one of the world’s most critical oil and gas transit corridors, has experienced severe instability since the outbreak of conflict involving Iran on Feb. 28, when fighting escalated following Israeli and US military operations against Tehran.

The tensions have had direct consequences for global energy markets and maritime trade routes.

Despite Iraq’s preparations for a return to normal export operations, uncertainty surrounding the regional security environment remains significant.

Earlier on Sunday, US President Donald Trump said Washington could continue military operations against Iran for another two weeks and warned that additional Iranian targets could still be struck.

Trump stated that Iran had been “militarily defeated” but insisted the conflict was not necessarily over, adding that the United States had completed roughly 70 percent of its intended military objectives while retaining the option to hit more targets.

The continued possibility of further escalation has kept uncertainty surrounding the Strait of Hormuz and regional shipping routes at the center of global energy concerns.

https://www.kurdistan24.net/en/story/913266/iraq-says-oil-exports-could-rapidly-return-to-pre-war-levels-if-hormuz-stabilizes

Reconstruction And Development Threatens To Oppose The Government If It Does Not Receive Its Ministerial Entitlement And Demands That Rights Be Restored To Their Rightful Owners

  latest news   Sunday, May 10, 2026  Baghdad – One News   5/10/2026   Mashreq Al-Fariji, a leader in the Reconstruction and Development Coalition, issued a strong warning against a settlement being made by Prime Minister-designate Ali Al-Zidi with political blocs to distribute sovereign and important ministries, describing this approach as “a desperate act that reflects a lack of respect for democracy.”

 In a post on the X platform, Al-Fariji stated that “the focus is on acquisition rather than on improving the ministry’s performance,” indicating that the Reconstruction and Development Coalition refuses to relinquish its ministerial entitlement. Al-Fariji also explicitly hinted that the option of joining the opposition is a serious consideration if the entitlement is not returned to its rightful owners, alluding to his coalition’s insistence on a ministerial portfolio, which he did not specify.    https://1news-iq.net/الإعمار-والتنمية-يلوح-بخيار-المعارضة/

Middle East Sources Report That Politicians Say The Deep Division Within The Framework Over Factional Weapons May Prevent The Passage Of Ali Al-Zaidi

 latest news   Sunday,   May 10, 2026    Baghdad – One News   5/10/2026   Despite the Iraqi parliament announcing its readiness to hold a session to grant confidence to Ali al-Zaidi’s government this week, an undeclared Iranian veto has emerged, adding a new obstacle to its passage, in contrast to an declared American veto rejecting the participation of the factions. 

 Informed sources told Asharq Al-Awsat that Iran’s unofficial reservations about the designated prime minister, Ali al-Zaidi, reflect a division within the ruling establishment in Tehran, which in turn has affected the armed factions in Iraq.

 While factions that hold eighty seats in parliament support the gradual disarmament according to al-Zaidi’s program, other factions that are not represented in the government and follow Iran ideologically refuse to hand over their weapons, and speak of the impossibility of passing the government due to the American veto.

 Meanwhile, observers believe that the anticipated visit of Ismail Qaani to Baghdad aims either to resolve the disputes within the coordination framework over the portfolios, or to convey Iran’s rejection of the government, or to pass it on Tehran’s conditions. (see:  Iranian reservations over Al-Zaidi drive Qaani’s trip to Iraq - 5/10/2026  regarding Qaani's trip)   https://1news-iq.net/الشرق-الأوسط-عن-سياسيين-الانقسام-الكب/

A Former Sadr Deputy: Al-Sadr Gave The Coordination Framework Something Like A Roadmap For Getting Out Of The Factions' Crisis 

latest news   Sunday,May 10, 2026  Baghdad – One News    5/10/2026  The leader of the Sadrist movement, Muqtada al-Sadr, broke his silence of more than six months regarding the crisis of choosing the prime minister, suddenly outlining the possible early end of Ali al-Zaidi’s government. 

A former deputy believes that al-Sadr gave the “coordination framework” something like a roadmap to get out of the factions’ crisis, at a critical moment that threatens the new government itself and opens the door to possible sanctions, or placing the government under an evaluation ceiling that could end with its downfall if it fails. 

He stressed that the leader of the Sadr movement has repeated on more than one occasion the necessity of disbanding the rogue militias and integrating them into the army, as a final solution to confine weapons and security decision-making. 

Within the ninety-day deadline, the former deputy does not rule out that there are signs of a scenario similar to what happened with Abdul-Mahdi’s government, when al-Sadr gave it a “100-day” deadline to evaluate its performance, before it ended with the largest protests since 2003, which brought down the government.  https://1news-iq.net/نائب-صدري-سابق-الصدر-منح-الإطار-التنسي/

Sources: US Federal Reserve adds 5 Iraqi banks to dollar restrictions

May 8, 2026Last updated: May 8, 2026   Al-Mustaqilla - Informed banking sources told Al-Mustaqilla on Friday that US financial authorities have added five new Iraqi banks to the list of restrictions related to dollar transactions, in addition to about 30 banks that were subject to previous measures. 

According to the sources, the new measures include preventing the five banks from accessing transactions related to the US dollar, within the framework of the strict control imposed by the US Federal Reserve on foreign transfers and the Iraqi banking system.

The sources confirmed that the Central Bank of Iraq had been aware of the procedures and expected sanctions against these banks for the past few months, noting that there were ongoing communications and follow-ups with the American authorities regarding the financial compliance and transfers file. 

These developments come at a time when the Iraqi banking sector is experiencing increasing pressure related to tightening controls on dollar movements and monitoring money laundering and commercial transfers.

Experts believe that expanding restrictions on banks may directly affect the parallel market and exchange rates, especially with the high local demand for the dollar and the Iraqi market's heavy reliance on foreign transfers and imports.     https://mustaqila.com/مصادر-الفيدرالي-الأميركي-يضيف-5-مصارف-ع/

Seeds of Wisdom RV and Economics Updates Sunday Evening 5-10-26

Good Afternoon Dinar Recaps,

Global Currency Realignment Accelerates as Energy Crisis and BRICS Strategy Converge

Oil shocks, shifting trade alliances, and rising commodity power are reshaping the global financial landscape

Volatility across energy, currencies, and global trade systems is intensifying pressure on the post-World War II financial order

 Overview (Key Points)

The global financial system is facing renewed structural pressure as geopolitical instability, commodity shocks, and shifting currency alliances continue reshaping international markets.

The ongoing disruption surrounding the Strait of Hormuz has reinforced concerns about the vulnerability of the global energy system, while BRICS nations and commodity-exporting economies are gaining influence in global financial flows.

At the same time, analysts are increasingly discussing how commodity-backed economies and alternative payment systems could gradually weaken the dominance of traditional Western financial structures.

Recent market movements suggest investors are beginning to reassess long-standing assumptions surrounding reserve currencies, energy security, and financial stability.

Key Developments

1. Commodity Currencies Gain Strength Amid Global Energy Stress

Commodity-linked currencies such as:

• The Norwegian krone

• Australian dollar

• Canadian dollar

have strengthened as global energy disruptions continue elevating commodity prices. Reuters analysts noted that the geopolitical environment is creating a new focus on resource-backed economic strength.

2. Oil Market Volatility Continues to Pressure Global Economies

The prolonged instability in the Middle East has kept oil markets highly volatile, with disruptions tied to shipping through the Strait of Hormuz continuing to affect global supply expectations.

Higher energy costs are feeding concerns about:

• Inflation persistence

• Slower global growth

• Rising borrowing pressures

3. BRICS and Alternative Payment Systems Remain in Focus

While BRICS nations have slowed public discussion of a unified currency, efforts to expand:

• Local currency trade

• Alternative settlement systems

• Non-dollar payment infrastructure

continue moving forward behind the scenes.

This reflects broader efforts to reduce dependence on Western-controlled financial channels.

4. Traditional Market Relationships Are Breaking Down

Reuters analysis highlighted that historic correlations between:

• Stocks

• Bonds

• Gold

• Currencies

are no longer behaving normally under current geopolitical and inflationary conditions.

This suggests markets may be entering a new financial environment unlike previous economic cycles.

5. Central Banks Face Growing Financial Stability Risks

Central banks are increasingly balancing:

• Inflation concerns

• Energy shocks

• Debt pressures

• Financial stability risks

Analysts warn that a prolonged geopolitical crisis could expose vulnerabilities across sovereign debt markets and shadow banking systems.

 Why It Matters

The current environment is revealing how deeply interconnected:

• Energy markets

• Currency systems

• Global trade

• Sovereign debt

have become.

As commodity power and geopolitical fragmentation rise, the traditional financial order faces increasing strain.

Why It Matters to Foreign Currency Holders

Global instability can drive:

• Currency volatility

• Shifting reserve allocations

• Safe-haven demand changes

• Capital flow disruptions

Nations with strong commodity exposure may increasingly gain influence in global markets.

Implications for the Global Reset

• Pillar 1: Commodity Power Is Reshaping Currency Influence

Energy and resource-producing nations are gaining strategic leverage as markets prioritize supply security and economic resilience.

• Pillar 2: Multipolar Finance Continues Expanding

Alternative payment systems and local currency trade agreements suggest the world may gradually move toward a more diversified financial structure.

 Conclusion

The combination of geopolitical conflict, commodity disruption, and evolving currency alliances is accelerating changes within the global financial system.

While the current system remains intact, the foundations are being tested by forces that continue pushing markets toward a more fragmented and multipolar economic order.

The shift may be gradual, but the direction of change is becoming increasingly difficult to ignore.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "As commodities reshape geopolitics, currency pecking order gets a reset" 

• Reuters — "How oil shock and financial stress can feed each other"

~~~~~~~~~~

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

Buffett Warns of US Dollar Collapse, Bankruptcy Filing up 42%, Burry Says like 99-2000

Buffett Warns of US Dollar Collapse, Bankruptcy Filing up 42%, Burry Says like 99-2000

And We Know:  5-10-2026

The global financial landscape feels increasingly dynamic, with headlines shifting daily and economic indicators sending mixed signals. Recently, a compelling discussion from “And We Know Official” delved deep into these complexities, offering valuable insights into current economic conditions, market projections, and strategies for safeguarding wealth. Let’s unpack some of the key takeaways from their insightful conversation.

The video opens by referencing a figure well-known for his prescience: Michael Burry, famously portrayed in “The Big Short” for foreseeing the 2008 housing crisis.

Burry is now sounding the alarm again, projecting a significant stock market correction akin to the dot-com bubble burst of 1999-2000.

This perspective is echoed in a fascinating analogy from none other than Warren Buffett, who reportedly likened the stock market to “a church with a casino attached.” This imagery powerfully captures the current market environment, where speculative, gambling-like behavior often overshadows fundamental investing principles.

Adding to this concern is a noticeable disconnect within economic data. While we might see positive employment figures, there’s an alarming counter-trend: a 42% surge in Chapter 11 bankruptcies, particularly impacting small businesses.

 This stark contrast suggests an underlying economic fragility that isn’t always apparent on the surface. The discussion highlights how central bank policies and significant money printing might be artificially propping up markets, creating conditions that, by their nature, cannot be sustained indefinitely.

Amid this backdrop of uncertainty, the speakers advocate for a prudent approach to wealth protection, specifically emphasizing the role of precious metals.

Silver, in particular, is highlighted due to its limited supply and increasing demand, especially as the world explores new monetary systems, including cryptocurrencies and central bank digital currencies (CBDCs). The recent upward movement in silver prices is seen by some as a growing recognition of its enduring value as a hedge against potential economic turbulence and inflation.

Beyond market dynamics, the conversation also touched upon significant geopolitical factors. The conflict in Iran, for instance, is identified as a critical element impacting global oil prices and supply chains. However, there’s an optimistic outlook presented, suggesting that potential diplomatic solutions, possibly led by figures like Donald Trump, could stabilize these issues.

Should such resolutions materialize, it could lead to an easing of inflationary pressures, a potential lowering of interest rates, and further appreciation for precious metals—benefiting those who have strategically positioned their portfolios.

The discussion concludes on a hopeful and reflective note, drawing inspiration from Jeremiah 29:11: “For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future.” This powerful message underscores the importance of faith and resilience during challenging times.

The hosts encourage viewers to approach the current economic climate with wisdom and discernment. For many, investing in precious metals is viewed not just as a financial strategy, but as a practical step to protect wealth and secure a foundation during this period of transition.

For a deeper dive into these critical insights and further information, be sure to watch the full video from And We Know Official. Understanding these dynamics is key to making informed decisions for your financial future.

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

Iraq Economic News and Points To Ponder Sunday Afternoon 5-10-26

Usd/Iqd Exchange Rates Rise In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   The US dollar opened Sunday’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, down from the previous session’s 153,150 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 153,100 dinars and buying prices at 153,100 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-rise-in-Baghdad-and-Erbil-6

Gold Prices Tick Up In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   On Sunday, gold prices hovered around 1.02 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.017 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.013 million IQD. The same gold had sold for 1.014 million IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 987,000 IQD, while the buying price reached 983,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.020 million and 1.030 million IQD, while Iraqi gold sold for between 990,000 and one million IQD.

In Erbil, 22-carat gold was sold at 1.056 million IQD per mithqal, 21-carat gold at 1.008 million IQD, and 18-carat gold at 864,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-tick-up-in-Baghdad-and-Erbil-6

Dollar Closes Higher In Baghdad And Erbil

2026-05-10 Shafaq News- Baghdad/ Erbil   The US dollar closed higher against the Iraqi dinar in Baghdad and Erbil on Sunday, rising by 450 dinars in Baghdad’s main exchanges during the day’s trading.

According to Shafaq News market survey, exchange rates at Baghdad’s Al-Kifah and Al-Harithiya central stock exchanges settled at 153,950 dinars per $100, compared with 153,500 dinars earlier in the day. Selling prices at local exchange shops in Baghdad reached 154,500 dinars per $100, while buying prices stood at 153,500 dinars.

In Erbil, the dollar also posted gains, with selling prices reaching 153,600 dinars per $100 and buying prices at 153,500 dinars.

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

ISX Trades $17M+ In April Activity

2026-05-10 Shafaq News- Baghdad   The Iraq Stock Exchange (ISX) recorded more than 27.4 billion Iraqi dinars in trading value over April —roughly $17.8 million.

According to market data, more than 48.6 billion shares were traded during the month across 20 regular trading sessions.

The ISX60 index closed the month at 983.02 points, marking a 1.9% increase compared with the previous session.

Throughout the month, the exchange executed around 23,490 sale and purchase contracts across listed companies. During the period, 82 companies out of 118 listed firms recorded actual trading activity.

https://www.shafaq.com/en/Economy/ISX-trades-17M-in-April-activity

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

2026-05-10 Shafaq News- Baghdad/ Washington   Iraq’s crude oil exports to the United States dropped 119,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed on Sunday.

Iraqi shipments averaged 76,000 bpd last week, 61% less than the previous week’s average of 195,000 bpd.

Total US crude imports from nine major suppliers fell 170,000 bpd from 5.066 million bpd the previous week.

Canada remained the top supplier at 3.268 million bpd, followed by Venezuela with 400,000 bpd, Colombia with 348,000 bpd, Saudi Arabia with 332,000 bpd, and Mexico with 327,000 bpd.

Imports also included Ecuador at 165,000 bpd, Nigeria at 93,000 bpd, and Brazil at 27,000 bpd. No oil was imported from Libya this week. https://www.shafaq.com/en/Economy/EIA-Iraq-s-oil-exports-to-US-fall-over-the-week-9

Opinion: Nechirvan Barzani Walks Through Baghdad’s Political Minefield

2026-05-10   Shafaq News   By Ali Hussein Feyli   Crises in politics are not always resolved through force or shifting balances of power, but often begin when rivals cease viewing one another as enemies to be excluded and instead recognize the possibility of understanding, opening a path that the language of conflict itself could never reach.

In this context, the recent meetings held on May 4 and 5 by Kurdistan Region President Nechirvan Barzani can be seen as an effort to reshape relations between Baghdad and Erbil, reflecting not merely diplomatic engagement but a broader attempt to move from zero-sum confrontation toward practical consensus at a time of mounting financial pressures, rising populism, and shrinking public space in both the Region and the Iraqi capital, with the initiative signaling a search for realistic solutions to long-standing disputes away from the easy rhetoric of escalation.

For years, a conviction prevailed among some political actors that Baghdad responds only to the pressure of power balances. Such a reading is rooted in historical experiences where the logic of force often prevailed over the rule of law, yet major transformations, particularly during critical periods, are frequently shaped in the space between public emotion and political rationality. While the former mobilizes the street, the latter remains more capable of protecting the state and ensuring its continuity.

From this perspective, the Kurdistan Region Presidency’s adoption of a calm institutional discourse appears to represent an attempt to shift from emotional demands toward a realistic management of constitutional rights.

 This transformation is not without challenges, particularly in a political environment accustomed to sharp rhetoric, where de-escalation may be perceived as retreat or weakness, even though it may in fact reflect a more pragmatic reading of the balance of power. Such pragmatism is especially urgent for a people like the Kurds, who have spent more than a century caught in cycles of war, identity struggles, and the search for guarantees.

Historical experiences offer important examples in this regard. The path of Nelson Mandela in South Africa demonstrated that preserving stability may require moving beyond the language of revenge in favor of coexistence. In modern Kurdish history, the general amnesty declared after the 1991 uprising against Saddam Hussein’s Baath regime stands out as one of the clearest examples of overcoming political hatred.

The decision taken by the leadership of the Kurdistan Front –a coalition of Kurdish parties established in 1987-1988 in Iraq– led by the late Jalal Talabani and Masoud Barzani, was not merely an administrative measure, but a historic turning point that helped prevent a wide cycle of retaliation and made tolerance the foundation for building a new political entity rather than turning memory into fuel for endless conflict.

Today, Nechirvan Barzani represents, within this equation, a model of measured diplomacy. Rather than appearing through the language of threats and elevated nationalist slogans, he opts for the language of shared interests, constitutional frameworks, and gradual understandings.

Although this model faces considerable obstacles within Kurdistan due to the weight of a bloody history and the growing influence of populism, it is natural that part of Kurdish society may view such diplomatic language as a form of retreat or inadequacy.

Read more: Beyond the Chaos: Nechirvan Barzani is redefining Kurdish diplomacy

Yet amid the rubble of missed opportunities, Nechirvan Barzani remains, in his characteristic manner, focused on conveying an important message to the younger generation: the most difficult test is not always fighting wars, but building peace and preventing collapse.

History rarely lingers on those who hurled the greatest number of insults at their opponents, but rather on those who succeeded in extracting peace from the heart of hostility. What Nechirvan Barzani is doing in Baghdad and regional capitals resembles the work of an architect building in a minefield, preoccupied with preserving a political entity called the Kurdistan Region. Such an undertaking requires a kind of courage unafraid of being accused of weakness.

Despite the rise of extremism and emotional politics, the course of history appears to be moving toward the model championed by Nechirvan Barzani and those who share this approach: a transition from the equation of imposing one’s will toward strategic integration, in a way that could make the Kurdistan Region a more stable entity within Iraq amid an ongoing struggle shaped by questions of existence and identity. Read more: Nechirvan Barzani: A quiet architect of Kurdish statecraft

This article was originally written in Arabic.

https://www.shafaq.com/en/Report/Opinion-Nechirvan-Barzani-walks-through-Baghdad-s-political-minefield  

Is Gold Becoming System Collateral?

Is Gold Becoming System Collateral?

Swiss America's  Gold News Weekly  5-6-26

Gold last traded at $4,688 an ounce. Silver at $77.45 an ounce.

EDITOR'S NOTE: As we have mentioned often lately in this space, there is a deep structural shift occurring in the global financial system. Confidence in fiat currencies - especially the U.S. dollar - is waning, central banks are rapidly accumulating gold as a neutral reserve asset, and de-dollarization is further accelerating.

At the same time, silver appears to be following gold into a powerful bull cycle, with technical setups indicating a breakout to new all-time highs beyond $121 as part of a longer-term uptrend fueled by tight supply and strong demand.

With gold evolving into "system collateral", the message is clear: the global economy is transitioning toward a more fragmented, less dollar-centric system, where precious metals play a foundational role. https://www.swissamerica.com/

Gold To Hit $8,000 on the Back of De-Dollarization, Says Deutsche Bank

Vinod Dsouza    May 2, 2026

Gold prices are hovering around the $4,500 level, and Deutsche Bank predicts the XAU/USD index could breach $8,000 over de-dollarization. The bank wrote in a note to clients that emerging economies are increasingly diversifying their central bank reserves by sidelining the US dollar by procuring gold. This is a cause of concern as the trend is growing and could change the global financial landscape.

Deutsche Bank added that developing countries added over 225 million troy ounces of gold since 2008, highlighting that de-dollarization will push the XAU/USD prices up in the charts. Countries such as China, Russia, India, Poland, and Turkey remain the biggest buyers of gold. This adds a layer of financial safety net to protect their economies from being vulnerable to sanctions.

In addition, Saudi Arabia, Qatar, the United Arab Emirates, Egypt, and Kazakhstan are not too far behind in accumulation. Countries in Eastern Europe and the Middle East are significantly increasing their gold reserves as de-dollarization expands, Deutsche Bank emphasized. The accumulation rose dramatically after the US imposed sanctions on Russia in February 2022 for invading Ukraine. Also Read: UAE Leaving OPEC Hits Oil Prices as Global Supply Strains Grow

Deutsche Bank Predicts Gold Price Above $8,000 Over De-Dollarization

Developing countries are now buying more gold than the Western bloc combined. The rising allocation of the precious metal is making de-dollarization advance at a rapid pace. In the next five years, the allocation would increase further, leading to a strain on the US dollar’s prospects. Even the US economy could be affected if the dollar’s role in the central bank is reduced.

The future of de-dollarization will depend on how high the gold spending would reach, wrote Deutsche Bank. If central banks begin to target 40% of their reserves in gold, then the US dollar would fall on the path of decline. There is growing mistrust of the US dollar lately due to Trump’s previous trade wars and tariffs. Add to that the imposing of sanctions was already a concern for developing nations.  https://watcher.guru/news/gold-to-hit-8000-on-the-back-of-de-dollarization

More Iraq News Posted by Tishwash at TNT 5-10-2026

TNT:

Tishwash:  The Secretary-General of Parliament: The date for the vote on the cabinet will be set for next Monday or Tuesday.

The Secretary-General of the House of Representatives, Safwan Al-Jarjari, announced that the date for the vote on the cabinet has not yet been decided, indicating that the final decision is pending the presidency of the council, with the likelihood of it being held on Monday or Tuesday of next week.

Al-Jarjari said in a press statement that: “The House of Representatives has completed all preparations for holding the session to vote on the cabinet,” indicating that “it has been customary in previous government voting sessions to send invitations to political and diplomatic leaders, and things will become clearer tomorrow.”

He added that "tomorrow will see the start of sending invitations to the political leaders, the coordinating framework and the political council," stressing that "we are waiting for the Speaker of Parliament to set a date for the session, whether it will be on Monday or Tuesday."  link

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

Tishwash:  The cabinet is nearing completion, and parliament is preparing for a vote this week.

 Members of the House of Representatives confirmed on Sunday that the new cabinet is almost complete, while they indicated that discussions are continuing regarding some sovereign ministries in preparation for holding a voting session during this week.

Members of the House of Representatives said in a press statement followed by Al-Furat News that approximately 80 percent of the government formation has been completed, with a trend towards passing 50 percent plus one of the ministries, with the remaining ministerial portfolios to be completed at a later time.

They added that discussions are still ongoing regarding a number of sovereign ministries, most notably the Interior, Oil and Foreign Affairs ministries, in addition to dialogues related to restructuring some portfolios and creating a state ministry.

They indicated that the vote on the new government is expected to take place this week, without specifying an official date yet.

They indicated that there are parliamentary observations that will be raised during the discussion of the government program before proceeding with the voting process.  link

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

Tishwash:  Bin Salman congratulates Al-Zaidi: We look forward to working with you to strengthen relations.

Saudi Crown Prince Mohammed bin Salman sent a congratulatory telegram on Saturday (May 9, 2026) to Ali al-Zaidi on the occasion of his appointment as head of the Iraqi government. In his telegram, bin Salman expressed his wishes for al-Zaidi to succeed in serving Iraq and its people, stressing his aspiration to work together to strengthen bilateral relations between Riyadh and Baghdad and enhance cooperation at various levels.

The Saudi Press Agency reported in a statement followed by Network 964 that “His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a congratulatory telegram to His Excellency Mr. Ali Faleh Kazem Al-Zaidi on the occasion of his appointment as Prime Minister of the Republic of Iraq.”

She continued, “His Highness the Crown Prince said, ‘On the occasion of your appointment as Prime Minister of the Republic of Iraq, we are pleased to express to Your Excellency our sincere congratulations and best wishes for success and prosperity. We ask God Almighty to grant you success in serving Iraq and its brotherly people. We look forward to working with Your Excellency to strengthen the bonds of brotherly relations between our two countries and peoples, and to enhance them in all fields. We wish Your Excellency continued health and happiness, and the brotherly people of the Republic of Iraq further progress and prosperity.’”

On Saturday (May 2, 2029), Prime Minister-designate Ali al-Zidi received a phone call from Turkish President Recep Tayyip Erdogan, congratulating him on his official appointment to form the new government.

He also received a call from US President Donald Trump on Thursday (April 30, 2026), during which he congratulated him on being officially tasked with forming the new government, and extended an official invitation for him to visit Washington after the government is formed.

On Saturday (May 2, 2026), Al-Zidi received another call from the Emir of Qatar, Tamim bin Hamad Al Thani, congratulating him on his official appointment to form the new government. Al-Zidi also received an invitation from Al Thani to visit Qatar after the formation of the new government. link

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

Tishwash:  Bloomberg: Aramco and ADNOC successfully transported oil shipments through the Strait of Hormuz

Bloomberg reported that Saudi Aramco and the UAE's ADNOC were able to smuggle oil shipments through the Strait of Hormuz using methods of concealment .

This comes amid increasing turmoil in the strait since tensions between the United States and Iran erupted in late February, raising risks to maritime traffic  link

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

Tishwash:  Al-Zidi and Al-Kadhimi discuss the political situation and the formation of the next government.

The Iraqi Prime Minister-designate, Ali Faleh al-Zaidi, met today, Saturday, with former Prime Minister Mustafa al-Kadhimi.

During the meeting, the overall situation in the country was discussed, and a number of issues related to Iraq’s interests were discussed, in addition to emphasizing the importance of coordination and cooperation between political forces in order to form a comprehensive national government capable of facing various challenges, meeting the requirements of the current stage, and enhancing stability and serving the aspirations of citizens throughout the country.

Both sides stressed the need to unify efforts and support the path of national solutions in order to ensure the stability of the political and economic situation in Iraq  link

***********

Tishwash:  Eco Iraq Observatory: 70% of the government curriculum is copied from the “White Paper”

The Eco Iraq Observatory announced on Friday that more than 70% of the axes of the government’s economic program for the prime minister-designate are based on ideas and contents contained in the “White Paper” for economic reform presented by the previous government in 2020.

The observatory stated in a statement received by “Roj News” that “many paragraphs of the government’s economic program are directly inspired by the contents of the White Paper that was presented during the time of former Prime Minister Mustafa Al-Kadhimi.”

He added that “the similarity is not limited to general titles, but includes similar terms and themes such as (digital transformation, electronic signature, support for the private sector, reform of the banking sector, and smart networks).”

The observatory noted that “the government program did not provide clear mechanisms to address the rentier economy or reduce the bloated public sector, which constitutes an increasing burden on the general budget, nor did it address in detail the tools for addressing the financial deficit or how to confront the shocks associated with fluctuations in oil prices and the decline in exports.” link

Seeds of Wisdom RV and Economics Updates Sunday Morning 5-10-26

Good Morning Dinar Recaps,

Global Energy Shock Deepens as Hormuz Crisis Threatens Financial Stability

Oil volatility, inflation fears, and shipping disruptions are intensifying pressure on the global economic system

 Overview (Key Points)

The global economy is facing renewed financial stress as tensions surrounding the Strait of Hormuz continue disrupting energy markets and trade flows.

Oil prices remain highly volatile amid fears that prolonged instability in the Gulf could trigger a broader inflationary and economic shock across global markets.

Investors are increasingly concerned that rising energy costs could delay central bank rate cuts, weaken consumer demand, and slow economic growth worldwide.

The situation highlights how closely the global financial system remains tied to Middle East energy stability, despite years of diversification efforts.

Key Developments

1. Oil Prices Remain Elevated Amid Gulf Instability

Brent crude and U.S. oil prices continue trading at historically elevated levels following disruptions linked to the Iran conflict and shipping concerns in the Gulf.

Analysts warn that even temporary interruptions in the Strait of Hormuz can create major ripple effects throughout the global economy.

2. Inflation Risks Are Re-Emerging

Higher oil prices are increasing fears of another wave of global inflation.

• Transportation costs are rising

• Manufacturing expenses are climbing

• Consumer purchasing power is weakening

This could complicate efforts by central banks to stabilize economies already burdened by debt and slow growth.

3. Investors Shift Toward Safe-Haven Assets

Global uncertainty is driving increased interest in:

• Gold

• U.S. Treasuries

• Defensive assets

Meanwhile, market volatility continues to intensify as traders react to rapidly changing geopolitical developments.

4. Global Trade Routes Face Mounting Pressure

The Gulf region remains one of the world’s most important energy corridors.

Shipping disruptions and higher insurance costs are increasing pressure on global supply chains and trade networks, especially across Asia and Europe.

5. Economic Fragility Is Becoming More Visible

The latest market swings reveal how vulnerable the global economy remains to geopolitical shocks.

Even with strong corporate earnings in some sectors, rising energy costs continue threatening broader financial stability.

 Why It Matters

Energy shocks historically trigger wider economic consequences across:

• Inflation

• Currency markets

• Trade systems

• Consumer confidence

The current crisis is exposing the interconnected nature of the modern financial system and its dependence on stable energy flows.

Why It Matters to Foreign Currency Holders

Rising oil prices and geopolitical instability can drive:

• Currency volatility

• Inflationary pressure

• Capital movement into safe-haven assets

Countries heavily dependent on imported energy may face increased strain on national currencies and reserves.

Implications for the Global Reset

• Pillar 1: Energy Security Is Becoming Financial Security

The ongoing Gulf crisis demonstrates how energy control increasingly influences monetary stability and global economic power.

• Pillar 2: Systemic Vulnerabilities Are Accelerating Structural Change

Persistent instability may push nations to:

• Diversify trade systems

• Reduce dependency on vulnerable shipping routes

• Explore alternative financial arrangements outside traditional structures

Conclusion

The current energy crisis is not simply a regional geopolitical issue—it is becoming a global financial stress event.

As oil volatility, inflation fears, and market uncertainty converge, governments and financial institutions are being forced to confront deeper structural vulnerabilities within the global economy.

The world may be entering a period where economic resilience becomes just as important as military or political power.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Global markets react to Gulf tensions and rising oil prices"

• Reuters — "Oil prices surge as Hormuz disruptions threaten supply"

~~~~~~~~~~ 

 🌱 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