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Iraq Economic News and Points To Ponder Monday Morning 5-25-26
Iraq And Saudi Arabia Strengthen Their Partnership In Combating Corruption And Recovering Stolen Funds.
Money and Business Economy News – Baghdad The Federal Integrity Commission and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia discussed on Monday mechanisms to enhance cooperation in the field of asset recovery and corruption crimes.
Iraq And Saudi Arabia Strengthen Their Partnership In Combating Corruption And Recovering Stolen Funds.
Money and Business Economy News – Baghdad The Federal Integrity Commission and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia discussed on Monday mechanisms to enhance cooperation in the field of asset recovery and corruption crimes.
A statement issued by the Commission and received by “Al-Eqtisad News” stated that “the Federal Integrity Commission held joint dialogues with the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia to discuss mechanisms for enhancing cooperation in the field of recovering funds obtained from corruption crimes, within the framework of the memorandum of understanding concluded between the two sides, which reflects the growing Iraqi-Saudi relations and the development of joint cooperation in combating corruption to confront this cross-border phenomenon.”
During the events, which were attended by a group of employees from the Authority and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia, the Authority affirmed that “cooperation between Iraq and the Kingdom of Saudi Arabia is witnessing increasing development in the field of preventing and combating corruption, and exchanging technical and legal expertise.”
She called for "forming an effective international alliance to 'break the restrictions' and obstacles to recovering funds and wanted persons, by overcoming obstacles such as differences in legislation and legal systems, banking secrecy, dual nationality, and immigration and asylum problems."
For his part, the Director General of the Recovery Department, according to the statement, reviewed “the most prominent successful recovery operations achieved by Iraq,” indicating that “among them is the recovery of tens of millions of dollars from Switzerland belonging to funds seized before 2003 by an element of the former regime, after he exploited the Oil-for-Food Program and tried to disguise the sources of the funds and register them in his name.”
He explained that “investigations, inquiries, and coordination with several national and international bodies contributed to the recovery of those funds, while he revealed the existence of near-final understandings with one of the Arab countries to recover funds obtained from theft and embezzlement operations that were smuggled to two countries by one of the convicted women, belonging to one of the institutions of the Iraqi state.”
The statement added that "the participants in the dialogues, which took place via an electronic circuit, made interventions and discussions about the most prominent obstacles to recovery, and ways to benefit from international organizations specializing in providing support and assistance in this field, while emphasizing the importance of bilateral memoranda of understanding, especially with the States Parties to the UN and Arab Conventions against Corruption, and the need to expand openness and cooperation between sister countries to organize meetings and specialized events related to integrity, preventing and combating corruption." https://www.economy-news.net/content.php?id=69519
Iraq Has Been Off The List Of Gold Buyers Since The Beginning Of 2026
Money and Business Economy News – Baghdad Iraq did not record any new gold purchases during 2026, despite a number of central banks around the world continuing to increase their holdings of the precious metal.
Iraq holds a reserve of 174.6 tons of the precious metal, placing it 28th globally among the largest countries possessing gold reserves.
Poland topped the list of the world's largest gold buyers this year, adding more than 20 tons to its reserves by the end of February, as part of a long-term plan to raise its stock to 700 tons, driven by growing security concerns on NATO's eastern front.
According to data from the World Gold Council, which was reviewed by "Al-Eqtisad News", Uzbekistan came in second place with an addition of 16.48 tons, followed by Kazakhstan with 6.51 tons, while other countries recorded limited increases, including Malaysia, China and the Czech Republic.
In contrast, some countries resorted to selling part of their gold reserves, with Russia topping the list of sellers with a net decrease of 15.55 tons, followed by Turkey with a reduction of 8.08 tons, amid financial pressures and internal economic challenges.
Experts noted that the increasing global demand for gold reflects a growing trend to diversify reserves away from the US dollar, especially after the freezing of about $300 billion of Russian central bank assets in 2022, which prompted a number of emerging economies to strengthen gold as a reserve asset less vulnerable to geopolitical fluctuations and financial sanctions.
https://www.economy-news.net/content.php?id=69518
Türkiye Announces Its Intention To Increase The Trade Volume With Iraq To $30 Billion Annually.
Money and Business Economy News – Baghdad The Turkish ambassador to Baghdad, Anil Bora Inan, confirmed his country’s desire to raise the volume of trade with Iraq to $30 billion annually.
According to the official newspaper, Inan said, "Turkey has a principled approach to its relations with Iraq, regardless of regional developments, especially with regard to trade and economic ties based on mutual interests.
With its strong private sector, investment potential, and advanced expertise in key industries such as defense, it is well-positioned to help Iraq expand its economic base, actively support the development corridor project, and strengthen Iraq's links to international transport networks. Turkey is already playing an important role in supporting the Iraqi economy."
The ambassador described Iraq as "one of the leading trading partners in the region, with Turkey's total exports to Iraq exceeding US$12.3 billion in 2025, and we aim to increase the volume of trade between the two countries to at least US$30 billion in the coming period," noting that "Iraq is Turkey's fifth largest export partner and the third largest market for our contracting sector."
He said: “Turkey continues to work with the Iraqis to develop and strengthen trade relations on a sustainable and institutional basis that we believe will provide a safety net against ups and downs,” noting that “the two countries have cooperated on the Development Road project, which is expected to contribute to regional and international supply chains, facilitate trade exchange and stimulate economic growth, as they have formed joint permanent committees in many economic fields.
Therefore, developing Turkey’s trade with Iraq, maximizing the volume of bilateral trade, and ensuring trade flow has always been, and will remain, among the primary objectives.” https://www.economy-news.net/content.php?id=69516
Kurdistan Finance Ministry Deposits 50 Billion Dinars In "Non-Oil Revenues" Into Baghdad's Account
Money and Business Economy News – Baghdad The Ministry of Finance and Economy of the Kurdistan Regional Government announced on Monday that it had deposited 50 billion dinars in "non-oil revenues" for the month of May into the account of the Federal Ministry of Finance.
The ministry stated in a statement received by “Economy News”, that “a decision was issued by the ministry to deposit an amount of (50,000,000,000) dinars as non-oil revenues for the region for the month of May, in cash into the bank account of the Ministry of Finance in the federal government at the Erbil branch of the Central Bank of Iraq.”
https://www.economy-news.net/content.php?id=69514
Bloomberg: UAE Ships Resort To "Dark Passage" Through The Strait Of Hormuz
Arabic and international Economy News - Follow-up Bloomberg noted that ADNOC's ships and tankers resorted to a "dark passage" through the Strait of Hormuz, bypassing the Iranian and American navies by ceasing to transmit their signals during the crossing.
Bloomberg reported that Abu Dhabi National Oil Company (ADNOC) is quietly transporting oil and gas shipments using its own fleet, bypassing both the Iranian navy and US warships.
The agency confirmed that ADNOC is quietly working to transport oil and gas shipments from the Gulf region to its energy-poor customers.
Based on practices that include "dark passage"—ships sailing through the Strait of Hormuz with their transponders switched off—ADNOC has proven to be one of the most successful producers in getting supplies out of the Middle East, according to tracking data, traders, and sources familiar with the matter, as reported by Bloomberg.
Satellite data shows that the company's LNG carriers stop at Das Island, the export facility located within the Gulf, where empty tankers head towards the eastern entrance of the strait near Fujairah anchorage and stop transmitting their signals before crossing the waterway to load their cargoes. https://www.economy-news.net/content.php?id=69521
Seeds of Wisdom RV and Economics Updates Monday Morning 5-25-26
Good Morning Dinar Recaps,
Global Reset Signals Intensify as Hormuz Deal Hopes Shake Oil, Currency, and Financial Markets
Growing optimism around a possible U.S.–Iran framework agreement is already reshaping oil prices, currency markets, and global financial expectations as investors brace for a major geopolitical and economic transition.
Good Morning Dinar Recaps,
Global Reset Signals Intensify as Hormuz Deal Hopes Shake Oil, Currency, and Financial Markets
Growing optimism around a possible U.S.–Iran framework agreement is already reshaping oil prices, currency markets, and global financial expectations as investors brace for a major geopolitical and economic transition.
Overview
Markets around the world reacted sharply today as reports emerged that the United States and Iran are moving closer toward a broader framework agreement tied to reopening the Strait of Hormuz. The possibility of restored energy flows immediately pushed oil prices lower, weakened the U.S. dollar, and boosted global equities.
At the same time, analysts warn the negotiations represent far more than a temporary ceasefire discussion. The crisis has accelerated global debates over energy security, reserve currencies, trade corridors, sanctions power, and the future structure of international finance.
The Strait of Hormuz remains one of the world’s most important energy chokepoints, handling roughly one-fifth of global oil shipments. Any lasting agreement could dramatically alter inflation expectations, central bank policy, and geopolitical alignment across both Western and BRICS economies.
Key Developments
1. Oil Prices Fall as Markets Price in Hormuz Reopening
Brent crude fell sharply below $100 per barrel after optimism grew around a potential agreement to reopen the Strait of Hormuz. Investors interpreted the negotiations as a possible turning point for global energy stability after months of supply disruptions and shipping fears.
Lower oil prices immediately eased inflation concerns that had been pressuring central banks and bond markets worldwide. Analysts noted that a stable Hormuz corridor could help reduce energy-driven inflation shocks that have destabilized global economies throughout 2026.
2. U.S. Dollar Weakens While Global Risk Appetite Returns
Currency markets reacted quickly as traders reduced safe-haven dollar positions and moved back into equities and risk-sensitive assets. The euro, British pound, Australian dollar, and Asian markets all strengthened as fears of a prolonged Gulf energy crisis temporarily eased.
The move reflects how deeply geopolitical instability has become tied to global monetary conditions. Higher oil prices had strengthened expectations of prolonged high interest rates, but falling energy prices are now reviving speculation that central banks may regain flexibility later this year.
3. Financial Markets Shift Focus Toward Multipolar Energy Diplomacy
While no final deal has been officially signed, reports indicate both Washington and Tehran are discussing a framework tied to shipping access, ceasefire extensions, and future nuclear negotiations.
The negotiations increasingly involve regional powers including Pakistan, Qatar, and China, reflecting a broader shift away from unilateral Western crisis management toward a more multipolar diplomatic structure.
This trend is especially significant for the evolving global financial system because energy trade routes, sanctions enforcement, and currency settlement systems are becoming increasingly politicized and fragmented.
4. Rare Earth and Strategic Supply Chain Pressures Continue Rising
Alongside the Middle East negotiations, G7 economies continue accelerating efforts to reduce dependence on China for rare earth minerals and critical industrial supply chains.
Global leaders increasingly view energy security, mineral access, artificial intelligence infrastructure, and payment systems as interconnected pillars of economic power. This restructuring is contributing to the gradual emergence of competing financial and industrial blocs worldwide.
Why It Matters
The global financial system is entering a period where geopolitics increasingly drives monetary policy, trade flows, and capital allocation.
The Hormuz negotiations demonstrate how quickly military conflict can reshape inflation expectations, bond yields, currency values, and investor confidence across the world economy.
At the same time, the growing involvement of China, BRICS-aligned diplomacy, and alternative trade structures suggests the international system is steadily evolving away from a purely U.S.-centered financial order toward a more fragmented and multipolar framework.
Why It Matters to Foreign Currency Holders
Foreign currency holders are closely watching developments in energy markets, sanctions policy, and trade settlement systems because these factors increasingly influence currency stability and reserve asset confidence.
A reopening of Hormuz could temporarily stabilize inflation and ease market volatility, but the broader shift toward regional trade blocs, strategic resource competition, and alternative settlement mechanisms continues accelerating underneath the surface.
Many analysts believe these developments represent early structural changes that could reshape global reserve systems, cross-border payment networks, and commodity-backed trade arrangements over the coming decade.
Implications for the Global Reset
Pillar 1: Energy Corridors Are Becoming Financial Weapons
The Strait of Hormuz crisis demonstrated how control over shipping lanes can directly affect inflation, currencies, sovereign debt markets, and central bank policy.
Pillar 2: Multipolar Financial Structures Continue Expanding
China, BRICS nations, Gulf states, and regional intermediaries are playing larger roles in diplomacy, trade settlement, and economic coordination, signaling a continued shift away from singular Western financial dominance.
Pillar 3: Markets Are Increasingly Driven by Geopolitical Risk
Investors are now reacting to diplomacy, sanctions, shipping routes, and military positioning as much as traditional economic indicators, reflecting a deeper structural transformation in the global financial landscape.
This is not just geopolitics — it is the restructuring of the global financial order happening in real time.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
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🌱 A Message to Our Currency Holders🌱
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News™
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Late Sunday Evening 5-24-26
The Dinar Is Under Test During Crises... Will The Central Bank Succeed In Protecting The Market From Economic Storms?
Baghdad Today – Baghdad Economic and financial affairs expert Nasser Al-Tamimi confirmed on Sunday (May 24, 2026) that the ability of the Central Bank of Iraq to stabilize the exchange rate of the dinar is directly linked to the size of foreign reserves and the efficiency of monetary policy management.
Al-Tamimi told Baghdad Today that the Central Bank currently has effective tools to contain pressures on the market, most notably managing the currency sale window, regulating foreign transfers, and direct intervention through cash reserves.
The Dinar Is Under Test During Crises... Will The Central Bank Succeed In Protecting The Market From Economic Storms?
Baghdad Today – Baghdad Economic and financial affairs expert Nasser Al-Tamimi confirmed on Sunday (May 24, 2026) that the ability of the Central Bank of Iraq to stabilize the exchange rate of the dinar is directly linked to the size of foreign reserves and the efficiency of monetary policy management.
Al-Tamimi told Baghdad Today that the Central Bank currently has effective tools to contain pressures on the market, most notably managing the currency sale window, regulating foreign transfers, and direct intervention through cash reserves.
Countering market pressures with monetary tools
He explained that “the stability of the exchange rate does not depend solely on financial abundance, but also on the ability of the central bank to achieve a balance between the local demand for the dollar and the size of its supply, in addition to strengthening confidence in the banking sector and regulatory procedures.”
He noted that “the current foreign reserves give the central bank a good margin for maneuver in the face of any future pressures,” but stressed at the same time that the continuation of this stability remains linked to the state’s ability to control public spending and diversify sources of revenue away from near-total dependence on oil.
Why is the government insisting on not devaluing the dinar?
Al-Tamimi added that “the government’s and monetary insistence on not reducing the value of the dinar has important economic and social dimensions, as it contributes to reducing inflation waves and preserves the purchasing power of citizens, especially with the Iraqi market’s extensive reliance on imported goods.”
He noted that this approach “may help to calm public fears in the short term, but it may open the door to speculation if it is not accompanied by clear economic messages and financial reforms that enhance market confidence.”
A message of reassurance to investors and markets
He stressed that “the decision to fix the exchange rate sends reassuring messages to investors and foreign companies that Iraq is striving to maintain a stable and predictable monetary environment,” noting that “the international community usually views currency stability as an indicator of a country’s ability to manage financial and monetary balances, which is reflected positively in its credit rating and the confidence of international institutions.”
Ongoing threats to the Iraqi economy
Regarding external factors, Al-Tamimi explained that “the Iraqi economy remains highly sensitive to fluctuations in oil prices, as it is the main source of public revenues,” warning that “any sharp and continuous decline in global oil prices could put pressure on both public finances and the exchange rate.”
He also noted that “regional tensions and turmoil in global markets could affect dollar flows and trade,” stressing the need for monetary and financial authorities to maintain comfortable levels of foreign reserves, while adopting proactive policies to avoid any future pressures that might lead to a devaluation of the dinar.
The Iraqi economy relies mainly on oil revenues, which constitute the largest share of the general budget, making the stability of the exchange rate closely linked to global oil prices and the level of foreign reserves at the central bank.
Observers believe that any regional disturbances or a decrease in oil revenues directly affect local markets, given Iraq’s heavy reliance on imports to secure food, goods, and basic commodities, which makes the stability of the dinar a sensitive economic and social issue that directly affects the lives of citizens. https://baghdadtoday.news/299898-.html
Iraq Enters 16th Month Without Budget As 4,500 Projects Stall
2026-05-24 / Shafaq News Iraq entered its 16th consecutive month without approving a federal budget while more than 4,500 projects remain suspended across the country, exposing widening strains on public finances, investment planning, and essential services.
The stalled projects include hospitals, schools, bridges, tunnels, water networks, and sewage infrastructure, some frozen since 2014, according to parliamentary Services Committee member Safaa al-Jabri, who warned that delays are increasingly affecting critical sectors such as healthcare and education.
“The current situation requires urgent intervention,” al-Jabri told Shafaq News, calling for a “realistic” 2027 budget focused primarily on unfinished and service-related projects rather than “traditional expenditure-based budgeting.”
The prolonged delay has left Iraq operating without a formally approved federal budget since the expiration of the country’s three-year budget cycle for 2023–2025, pushing state institutions deeper into temporary financing mechanisms and limiting the government’s ability to launch new investments.
Under Iraqi law, the government was required to submit the 2025 budget schedules to parliament before the end of 2024. Yet from January 2025 through May 2026, lawmakers neither voted on nor formally ratified the budget tables, leaving ministries and provinces dependent on restricted spending allocations carried over from previous fiscal periods.
Read more: Iraq’s budget: political fiscal gaps threaten national stability in 2025
Prime Minister’s economic adviser Mudhir Mohammed Saleh said Iraq had effectively exited the three-year budget cycle at the end of December 2025 and was now operating under the Financial Management Law No. 6 of 2019. That mechanism allows spending based on the “1/12 rule,” enabling the government to finance salaries and operational expenses through monthly allocations equivalent to one-twelfth of previous annual expenditures.
Saleh told Shafaq News that the arrangement has so far prevented a complete financial breakdown by allowing the continuation of salaries, basic operational spending, and funding for projects already close to completion.
However, he stressed that the system blocks the launch of new strategic or investment projects without parliamentary approval of a new federal budget.
“The budget is no longer just a technical financial instrument; it has become a tool for economic stability and absorbing external shocks.” He linked the growing fiscal pressure to escalating geopolitical risks in the Gulf, particularly fears surrounding maritime trade disruptions and what he described as the “Hormuz shock,” referring to threats facing oil exports through the Strait of Hormuz.
The political deadlock surrounding the budget also remains unresolved. Finance Committee member Rebar Karim told Shafaq News that passing the 2026 federal budget depends on the formation of the next government and the submission of its program to parliament.
Karim said the committee was prepared to review and approve the budget “within a short timeframe” once the government submits the draft law, adding that parliament had received assurances there was currently no liquidity crisis and that public-sector salaries remained secured for the coming months.
Economic and financial expert Safwan Qusay argued that the crisis extends beyond procedural delays in passing a budget and instead reflects broader vulnerabilities in Iraq’s economic model. “The real challenge is declining oil revenues and the state’s diminishing ability to finance operational spending,” Qusay told Shafaq News.
He called for expanding partnerships with the private sector to reduce pressure on the public payroll system, proposing that some government-run sectors shift toward private operation models while maintaining state ownership. Qusay also urged Iraq to diversify its export routes away from excessive reliance on Gulf shipping corridors, pointing to alternative outlets through Aqaba, Baniyas, and Ceyhan, alongside expanded land transport options.
Read more: What does Iraq's new government promise? A guide to Ali Al-Zaidi's ministerial program
The warnings come amid escalating Gulf tensions and growing fears over disruptions to oil flows through the Strait of Hormuz, which carries around 20% of global oil supplies.
Qusay also warned that weak non-oil exports and heavy import dependence continue to pressure Iraq’s foreign currency reserves and exchange-rate stability, calling for closer coordination between fiscal and monetary policy.
The absence of a budget has also intensified concerns over employment and recruitment, with ministries unable to move forward on large-scale hiring or development plans under temporary spending rules.
The debate comes as Prime Minister Ali al-Zaidi’s government attempts to frame its upcoming fiscal agenda around economic reform, diversification of state revenues, and reduced dependence on oil income. Al-Zaidi has recently pledged that the next budget will prioritize productive and service-oriented projects while tightening spending controls, combating corruption, and expanding job opportunities.
Read more: Liquidity shortage delays Iraqi salaries: Experts warn of prolonged financial strain
https://shafaq.com/en/Report/Iraq-enters-16th-month-without-budget-as-4-500-projects-stall
Central Bank Governor: Banking Reform Is Receiving Direct Attention From The Prime Minister
Baghdad – WAA The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Tuesday that there is no intention to reduce the exchange rate of the dinar against the dollar. While denying the existence of any American embargo on Iraqi funds, he indicated that the banking reform file is receiving direct attention from Prime Minister Ali Al-Zubaidi.
Al-Alaq told a number of journalists, as reported by the Iraqi News Agency (INA), that “there is no intention to reduce the exchange rate of the dinar against the dollar, and we will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and securing salaries,” noting that “the cash reserves are currently being invested in several countries, and there is no American embargo on Iraqi funds.”
He added that "the US Treasury and the Federal Reserve praise the role of the central bank," noting that "the central bank provides dollars to travelers and traders at the official rate."
He explained that "most banks have reached the stage of merger or liquidation, and only one or two banks remain that are unable to continue," stressing that "the banking reform file is receiving direct attention from the Prime Minister, and there is an expected meeting in the coming days with the Federal Reserve and the US Treasury Department."
He confirmed that he "directly oversees the banking reforms file, and the banks concerned and the consulting firm have made significant progress in implementing the reform requirements," noting that "a meeting is expected in the coming days that will bring together Oliver Wyman and the Central Bank of Iraq with the US Federal Reserve and the US Treasury Department."
He added: “The meeting will pave the way for the transition to dealing in other foreign currencies for banks that have completed all the required requirements and procedures,” noting that “there is no truth to what is being said about the Central Bank obstructing banking reforms, and our interest lies in the return of the deprived banks to activity as quickly as possible.”
He concluded by saying: "The media has a major role, and the international community is watching with interest what is being said by parliamentarians, analysts, and local media." https://ina.iq/ar/economie/263703-.html
Iraq's PM Commits To Equal Salary Funding And Oil Guarantees For Kurdistan Region
2026-05-24 Shafaq News- Baghdad/ Erbil The Iraqi government has issued direct instructions to the Finance Ministry to fund Kurdistan Region civil servant salaries on equal terms with the rest of Iraq, the head of the Diwan of the Kurdistan Region Council of Ministers confirmed Sunday, disclosing the substance of talks between KRG Prime Minister Masrour Barzani and federal Prime Minister Ali al-Zaidi in Baghdad.
Omed Sabah, who accompanied Barzani's delegation, told reporters the meetings addressed six priority files: employee salaries, non-oil internal revenues, oil export mechanisms, the return of foreign oil companies, dam projects, and the rollout of the ASYCUDA automated customs system at border crossings.
On salaries, Sabah said al-Zaidi personally informed Barzani that he had issued instructions to the federal Finance Ministry to release Kurdistan Region payroll funding regularly and without discrimination —a long-contested point between Baghdad and Erbil that has repeatedly disrupted public sector payments in the region.
On the oil file, foreign companies operating in Kurdistan had demanded formal security guarantees from Baghdad following recent attacks targeting oilfields in the region. Al-Zaidi, according to Sabah, gave those guarantees personally.
A high-level delegation from the KRG Ministry of Natural Resources, accompanied by representatives of the foreign oil companies, is also scheduled to travel to Baghdad after the Eid al-Adha holiday to negotiate the terms of resuming exports and reach a final agreement, Sabah said.
Shiite Coordination Framework lawmaker Mukhtar al-Moussawi, speaking from the federal side, described the talks as achieving "notable progress" and reflecting "a shared political will" to stabilize ties and support al-Zaidi's government. He did not rule out a "new phase" of cooperation with Erbil if the current momentum holds.
The Baghdad talks also brought Barzani before Parliament Speaker Haibet al-Halbousi, Supreme Judicial Council President Faiq Zaidan, and State of Law coalition head Nouri al-Maliki.
The KDP, the dominant party in the Kurdistan Region, backed al-Zaidi's nomination as prime minister earlier this year and secured commitments from him to resolve outstanding Baghdad-Erbil disputes, guarantee the region's constitutional budget share, and implement Article 140 (HCL) of the Iraqi constitution, the long-stalled provision governing the status of disputed territories, including the oil-rich province of Kirkuk.
Read more: Into2026, Baghdad and Erbil face the same disputes—with higher stakes
Oil Markets SNAP This Week If War Continues | Rick Rule
Oil Markets SNAP This Week If War Continues | Rick Rule
Liberty and Finance: 5-24-2026
Legendary investor Rick Rule warns that the oil market may be at a critical turning point, saying that if the conflict driving supply fears is resolved within the next week, crude prices could crash from panic highs back toward $65 to $70.
He explains why today’s elevated oil prices are being driven by anticipated scarcity and why a sudden peace deal could trigger a violent selloff across the entire energy sector.
Oil Markets SNAP This Week If War Continues | Rick Rule
Liberty and Finance: 5-24-2026
Legendary investor Rick Rule warns that the oil market may be at a critical turning point, saying that if the conflict driving supply fears is resolved within the next week, crude prices could crash from panic highs back toward $65 to $70.
He explains why today’s elevated oil prices are being driven by anticipated scarcity and why a sudden peace deal could trigger a violent selloff across the entire energy sector.
Rule also lays out his long term bullish case for gold, arguing that exploding sovereign debt, persistent currency debasement, and central bank buying continue to support a major secular bull market in precious metals.
In this wide ranging interview with Dunagun Kaiser, he discusses inflation, the deterioration of the U.S. dollar, undervalued natural resource assets, and why investors may have a very limited window left to position themselves before the next major market repricing.
Plus, Rule shares rapid fire answers on oil stocks, commodities, currencies, gold miners, and what he believes could define the next decade for investors.
INTERVIEW TIMELINE:
0:00 Intro
2:00 Gold update
18:42 Coal
19:08 Oil
21:30 Peace or war
27:00 Currencies
35:00 Rule Symposium
44:30 Battle Bank
Seeds of Wisdom RV and Economics Updates Sunday Afternoon 5-24-26
Good Afternoon Dinar Recaps,
China Expands Influence Through Iran Peace Push and Multipolar Strategy
Beijing uses Pakistan mediation, energy diplomacy, and BRICS expansion to position itself as a central power in the emerging global order.
Good Afternoon Dinar Recaps,
China Expands Influence Through Iran Peace Push and Multipolar Strategy
Beijing uses Pakistan mediation, energy diplomacy, and BRICS expansion to position itself as a central power in the emerging global order.
Overview
China is playing an increasingly influential role in efforts to reduce tensions between the United States and Iran, largely through coordination with Pakistan and broader diplomatic initiatives aimed at stabilizing the Middle East. Beijing’s strategy extends beyond regional peace efforts and reflects a larger push toward a multipolar global system designed to reduce dependence on Western-led financial and political structures.
The growing involvement of China in Gulf diplomacy highlights how global power dynamics are shifting. As Washington struggles to manage simultaneous geopolitical crises, Beijing is leveraging economic influence, energy dependence, and strategic partnerships to strengthen its role as a long-term counterweight to U.S. dominance.
Key Developments
1. China and Pakistan Coordinate Diplomatic Mediation
China is actively supporting Pakistan’s mediation efforts between Washington and Tehran, helping facilitate negotiations focused on ending military escalation and securing maritime trade routes.
The proposed Five-Point Peace Initiative reportedly includes:
An immediate ceasefire
Restoration of shipping security in the Strait of Hormuz
Direct U.S.-Iran negotiations
Protection of global energy flows
Long-term regional stabilization mechanisms
Pakistan continues acting as the primary intermediary while China provides economic and diplomatic leverage behind the scenes.
2. Strait of Hormuz Stability Becomes Central Priority
As the world’s largest oil importer, China has a direct economic interest in preventing disruptions in the Strait of Hormuz. Roughly one-fifth of global oil and LNG shipments traditionally move through the waterway.
Beijing’s diplomacy is heavily focused on preventing escalation that could destabilize energy markets, increase inflation, and damage major Belt and Road Initiative trade corridors.
3. China Uses Economic Influence Over Iran
China’s long-term energy partnerships with Iran — including major oil purchases and a 25-year cooperation agreement — give Beijing significant influence over Tehran’s strategic calculations.
Reports suggest China is encouraging Iran to show flexibility on nuclear negotiations in exchange for broader security guarantees and economic stability.
4. Multipolar Financial System Gains Momentum
The broader strategic objective behind China’s diplomacy appears tied to building a multipolar international system less dependent on the U.S. dollar and Western-controlled institutions.
China continues strengthening:
BRICS economic integration
Alternative payment systems
Global South alliances
Non-Western trade frameworks
Parallel financial and infrastructure networks
Iran’s BRICS membership further strengthens Beijing’s efforts to reshape global economic governance.
Why It Matters
China’s growing role in Middle East diplomacy reflects a major geopolitical transition. Beijing is no longer acting solely as an economic power but increasingly positioning itself as a global diplomatic and strategic actor capable of influencing conflict resolution and energy security.
The situation also highlights how economic power, trade infrastructure, and financial influence are becoming as important as military strength in determining global leadership.
Why It Matters to Foreign Currency Holders
For global financial reset observers and currency holders, China’s actions reinforce several accelerating trends:
Reduced dependence on dollar-based systems
Expansion of BRICS financial coordination
Growth of alternative trade settlement mechanisms
Increasing geopolitical influence of the Global South
Rising fragmentation of the global economic order
The long-term implications could reshape international trade, reserve currency structures, and global energy settlement systems over the next decade.
Implications for the Global Reset
Pillar 1: Multipolar Diplomacy Replaces Western Dominance
China’s coordination with Pakistan demonstrates how non-Western powers are increasingly shaping global crisis management independently of traditional U.S.-led frameworks.
Pillar 2: Energy Security Drives Geopolitical Realignment
Control over shipping lanes and energy stability is becoming central to the future balance of economic power. Nations capable of stabilizing strategic trade corridors may gain increasing influence over global financial systems.
Pillar 3: BRICS Expansion Continues Accelerating
China’s diplomacy aligns closely with broader BRICS efforts to develop alternative trade, payment, and financial structures designed to reduce vulnerability to Western sanctions and monetary pressure.
This is no longer simply a regional negotiation — it is part of a broader global transition toward a more fragmented, multipolar financial and geopolitical system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Modern Diplomacy — “Why China Matters in Trump’s Iran and Pakistan Negotiations”
Reuters — “China and Pakistan expand diplomatic coordination amid Iran negotiations”
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Iraq Economic News and Points To Ponder Sunday Afternoon 5-24-26
Iraq Is Part Of A $700 Million International Cable Project Linking The Gulf To Europe.
Money and Business Economy News – Baghdad A report issued by S&P Global Market Intelligence revealed that Iraq will be part of the international cable project "WorldLink", which aims to create a new digital corridor linking the Gulf region to Europe via Iraqi territory, as part of a global expansion wave in submarine cable and data transmission projects.
Iraq Is Part Of A $700 Million International Cable Project Linking The Gulf To Europe.
Money and Business Economy News – Baghdad A report issued by S&P Global Market Intelligence revealed that Iraq will be part of the international cable project "WorldLink", which aims to create a new digital corridor linking the Gulf region to Europe via Iraqi territory, as part of a global expansion wave in submarine cable and data transmission projects.
The report stated that the project, costing approximately $700 million, is privately funded and involves an Emirati-Iraqi consortium comprising Tech 964 Holding, DIL Technology, and Breeze Investments. The cable is planned to originate in Abu Dhabi, extend through Iraq to Turkey, and include branches connecting Qatar, Bahrain, Saudi Arabia, and Kuwait.
He added that the project was designed to be neutral for telecommunications companies and targets international telecommunications companies and AI-based applications, as well as providing an alternative route to the traditional congested corridors, thus reducing the risk of disruptions and enhancing the flexibility of data traffic between Asia and Europe.
According to the report, the cable's design capacity will be around 900 terabytes per second, with a target of reducing response time to less than 100 milliseconds, which supports cloud computing services, data centers, and advanced digital applications.
He noted that the project's implementation period is up to five years, expecting that the cable's passage through Iraq will contribute to strengthening its position as a regional hub for data transmission and attracting new investments in the digital infrastructure and communications sector.
The report noted that the Worldlink project is part of a global trend to diversify international cable routes and reduce reliance on traditional bottlenecks, while geopolitical developments in the region, including tensions related to the Strait of Hormuz, may affect the project's timeline. https://www.economy-news.net/content.php?id=69427
The Retirement Authority Announces The Completion Of Procedures To Raise Retirees' Salaries For The Month Of June.
Money and Business Economy News – Baghdad The General Retirement Authority announced today, Sunday, the completion of procedures to raise retirees' salaries.
The Deputy Head of the Authority, Hossam Abdul Sattar, stated in a statement to the official agency that "the General Retirement Authority completed today the procedures for raising the salaries of retirees for the month of June in coordination with the Ministry of Finance, Accounting Department, and submitted them to the banks, to complete the disbursement procedures."
Abdul Sattar called on "retirees who receive text messages to check the payment outlets to receive their retirement salaries gradually." https://www.economy-news.net/content.php?id=69482
Years Later, Babylon Lays The Foundation Stone For The "Nationality" Bridge In The Center Of Hilla.
Money and Business Economy News – Baghdad The local government in Babylon announced on Sunday the laying of the foundation stone for the “Nationality” bridge project in the center of Hilla, while confirming that the project will represent an important step to address traffic congestion within the city center.
Babil Governor Ali Turki said, "Today, the province is laying the foundation stone for a new landmark in Babil, after many years in which the city lacked similar projects, even though Hilla practically relies on only one internal bridge."
He added that “the Nationality Bridge is one of the important projects to alleviate traffic congestion, as it will contribute to reducing the pressure on the Bab Al-Awal area, in addition to being a tourist landmark due to its location on the Hilla Corniche, as well as linking the two sides of the city, the right and left sides of Hilla, which provides a direct service to citizens and facilitates movement within the city center.”
For his part, the Director of Roads and Bridges in Babylon, Engineer Hussein Sreisah, said, “The project is one of the projects that the people of Hilla have been waiting for for years, because the city relies mainly on the Bab Al-Hussein Bridge, which experiences frequent traffic jams.”
He explained that “the bridge will connect the Al-Jazair neighborhood to the Hilla Corniche, and will be integrated with 100th Street and 60th Street near the amusement park, within the road network that the governorate is working to develop,” indicating that “the road will have four lanes with integrated service facilities, and it is expected to contribute to reducing traffic congestion in Bab Al-Hussein by more than 70 percent.”
He indicated that "the actual commencement of the project will be immediately after the Eid holiday, with work to complete it before the contractual period."
For his part, the head of the Babil Provincial Council, Asaad Al-Muslawi, said that “laying the foundation stone for this project represents an important start to addressing the traffic crisis within the city center of Hilla.”
He added that "there is a proposal to change the name of the project to (Martyrs' Bridge) in honor of the sacrifices of the sons of the province," stressing that "the bridge will have a major role in facilitating movement between areas of the city, and reducing traffic congestion, especially for those coming from the direction of Baghdad or from the rest of the provinces."
Al-Muslawi added that "the local government is proceeding with the implementation of a package of service projects after the Eid holiday, including opening and developing streets 60, 80 and 100, with the aim of improving traffic flow and relieving pressure on the city center of Hilla, which will positively affect the daily lives of citizens."
https://www.economy-news.net/content.php?id=69469
With $95.7 Billion, Five Technology Companies Account For Nearly Half Of South Korea's Exports.
Money and Business Economy News - Follow-up The top five South Korean companies, including Samsung Electronics and SK Hynix, accounted for about 44% of South Korea’s total exports in the first quarter, amid rising global demand for memory chips amid the artificial intelligence boom.
According to data released Sunday by the Ministry of Data and Statistics, the top 5 companies' exports amounted to $95.7 billion, or 43.5% of the country's total exports of $219.9 billion, during the period from January to March.
The share of the top 5 companies jumped by 14.8 percentage points compared to 28.7% in the same period of 2025, reflecting South Korea's increasing reliance on major technology companies for exports, according to Yonhap News Agency.
Iran's economy and war: A memorandum proposes ending the war on Iran and lifting sanctions on its oil.
The data showed that the top 5 companies saw their exports increase by $50 billion year-on-year in the first quarter, representing 82.8% of the country's total export growth during that period.
Experts said South Korea's recent export gains were driven by an artificial intelligence boom, not an overall recovery in the global economy, noting that the inequality could deepen further in the future.
Kim Kwang-seok, head of the economic research department at the Korea Institute of Economics and Industry, said, "The global economy is only thriving within the value chain of the artificial intelligence industry."
He added: "While major Korean companies seek to seize opportunities within the AI value chain, companies operating in traditional industries face challenges." https://www.economy-news.net/content.php?id=69468
US Officials: Iran Has Agreed In Principle To 95% Of The Agreement.
Arabic and international Fox News reported Sunday evening that Iran had "agreed in principle" to the framework agreement, but that the agreement would not be signed today or tomorrow, according to what it quoted from American officials.
Officials stated that "Tehran has agreed in principle to the framework, and we have completed 95% of it and are negotiating the wording," noting that "Washington will not sign an agreement today or tomorrow with Iran, and that President Donald Trump is inclined to give them several days to complete it."
Earlier this evening, Trump said that "if he makes a deal with Iran, it will be a good and sound deal," arguing that "the deal made by former President Barack Obama gave Tehran huge sums of cash and a clear and open path to a nuclear weapon."
Trump added, via the Truth Social platform, that "the potential agreement with Iran is completely different from Obama's agreement, but no one has seen it or knows what it is... because it is still being negotiated."
The US president urged people not to listen to what he called "losers who criticize the agreement but know nothing about
Iraq News Posted by Tishwash at TNT 5-24-2026
TNT:
Tishwash: Al-Fayez: There is complete agreement to finalize Al-Zidi's cabinet after Eid in an emergency session.
The head of the parliamentary Design Alliance bloc and leader of the coordination framework, Amer Al-Fayez, revealed a complete agreement to finalize the appointment of the Ministers of Defense, Interior and the rest of the ministries that are run by acting ministers after the Eid al-Adha holiday.
Al-Fayez told Al-Furat News Agency: “There is a complete agreement to name the ministers after Eid; however, the House of Representatives will enter its legislative holiday after Eid, which necessitates holding an emergency session with a full quorum to name the ministers.”
TNT:
Tishwash: Al-Fayez: There is complete agreement to finalize Al-Zidi's cabinet after Eid in an emergency session.
The head of the parliamentary Design Alliance bloc and leader of the coordination framework, Amer Al-Fayez, revealed a complete agreement to finalize the appointment of the Ministers of Defense, Interior and the rest of the ministries that are run by acting ministers after the Eid al-Adha holiday.
Al-Fayez told Al-Furat News Agency: “There is a complete agreement to name the ministers after Eid; however, the House of Representatives will enter its legislative holiday after Eid, which necessitates holding an emergency session with a full quorum to name the ministers.”
He added, "If the session does not convene due to most MPs traveling or performing the Hajj pilgrimage, this matter will be resolved after the end of the legislative recess."
Al-Fayez added that "the management of the two ministries by an acting minister does not affect their essential work, as they are managed by the Prime Minister himself, with the support of advanced staff capable of managing the files until the ministers are officially appointed." link
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Tishwash: Oil: Talks with foreign companies are ongoing to resume work in the fields.
The Ministry of Oil announced on Saturday that discussions are ongoing with foreign companies to resume operations in oil fields, confirming that oil exports via the Turkish port of Ceyhan are imminent.
Ministry spokesman Sahib Bazoun stated, according to the official news agency, that "Prime Minister Ali al-Zaidi is very interested in generating revenue for the Iraqi state, and Oil Minister Basim Mohammed Khudair has established operational mechanisms and future projects for the ministry, most importantly the project to maximize revenue through oil exports by activating export terminals and reaching agreements with the parties involved in disputes over Iraqi oil exports."
He noted that "most of the foreign companies operating under the licensing rounds have withdrawn, and some fields have ceased operations, but the oil sector has maintained its oil reserves and fields, and we have no significant problems with the fields or exports." He explained that "discussions are underway with the foreign companies operating to resume work."
He affirmed that "oil exports via the Turkish port of Ceyhan will begin in the coming days, and the ministry is prepared for export operations."
Prime Minister Ali Falih al-Zaidi visited the Ministry of Oil last Wednesday and chaired a meeting with senior ministry officials.
According to a statement from the Prime Minister's Media Office, the Prime Minister listened to a briefing presented by the Minister of Oil on the progress of the ministry's projects, particularly those related to addressing the crisis caused by the closure of the Strait of Hormuz and the resulting halt in oil exports . The briefing also reviewed ongoing associated gas projects and the main challenges hindering their implementation.
The meeting addressed the issue of oil exports and finding diverse export outlets, the mechanism for implementing Cabinet decisions in this regard, and the Ministry of Foreign Affairs' procedures for following up on agreements concluded with several neighboring countries for overland oil exports.
Earlier, Oil Minister Basim Mohammed Khudair affirmed that the ministry's priorities for the coming period include increasing production capacity, resolving the issue of flared gas, and developing the oil sector's infrastructure. He noted that the current circumstances are difficult due to the war in the region and the resulting closure of the southern export route, indicating that Iraq exported only 10 million barrels through the Strait of Hormuz last April because of the war. link
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Tishwash: Why did the central bank governor fail to reassure the markets? Temporary painkillers for a weary body.
The Governor of the Central Bank of Iraq is once again offering a “dose of anesthesia” in an attempt to calm the panicked markets, but it has come across as fragile, ineffective, and lacking any real economic diagnosis of the suffocating crisis.
Markets are not run by intentions and catchy words, and here is a breakdown of these statements that hide real disasters:
The game of reserves and salaries... (secured) but for how long?
The reserves are in danger: To say that the dollar reserves are “secured” is a smokescreen. The problem is not the current figure, but the alarming rate at which they are being depleted, and the fragile state’s ability to replenish them in light of fluctuating oil prices and the frenzied domestic demand for hard currency.
Salaries: A Sustainability Crisis, Not a Cash Crisis: The phrase “salaries are guaranteed” is a short-term anesthetic. Guaranteed for a month? For six months? In a country entirely dependent on oil, borrowing, and bank liquidity, the problem isn't immediate payment, but the complete absence of any financial sustainability for the future.
Changing the exchange rate... doesn't happen by intentions!
The governor's denial of any intention to change the exchange rate is economically meaningless. Markets are unforgiving, and the exchange rate is not determined by government promises, but rather by the pressure of the budget deficit, declining oil revenues, and the rampant black market. Denial does not address the root causes; it merely postpones the inevitable explosion.
A stab in the back of monetary independence!
The governor's talk of involving the central bank in budget preparation is a major blunder. Transforming the central bank into a "partner" in budget drafting simply means destroying its monetary independence and turning it into a mere financial tool and ATM in the hands of the executive branch—a precedent the governor should never have proposed.
Dollar smuggling: A protocol denial and an incomplete admission
Escaping reality: Describing talk of dollar smuggling as “inaccurate” is a gross understatement. Even if traditional smuggling were to cease, the leakage of dollars through inflated import invoices, front companies, and fictitious demand continues unabated. Markets need rigorous oversight mechanisms, not mere platitudes.
A structural deficit, not just a number: Acknowledging the fiscal deficit is a good but incomplete step. The deficit is not merely a number in a budget; it is the product of a failed rentier model: inflated operating spending, a paralyzed private sector, and a suicidal reliance on oil without any structural reform.
Summary:
The central bank governor's statements might succeed in calming the markets for a few hours in the media, but they are economically unsound. They focus on false reassurance instead of transparency, and deny risks instead of addressing them with real measures.
In short: Economic rules don't favor anyone, and hiding the symptoms won't cure the disease. link
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Tishwash: Government advisor: The Prime Minister has outlined a firm vision for building the future of public finances.
The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, confirmed on Saturday that Prime Minister Ali Falih al-Zaidi has drawn up a firm vision for building the future of public finances. While he pointed out that the features of the Iraq Vision Plan aim to raise non-oil revenues to 45% of the budget, he noted at the same time that the lesson learned from the Strait of Hormuz shock imposes the adoption of economic diversification as a basic condition.
Saleh told the Iraqi News Agency (INA): "Prime Minister Ali al-Zubaidi outlined a firm vision for building the future of public finance in Iraq during the historic meeting with the Iraqi financial authority, held on May 23, 2026, based on a fundamental principle: announcing an alternative path for public finance and Iraqi fiscal policy."
He added that “diversifying public revenues and breaking dependence on a single resource, namely crude oil, and ending our country’s economy’s connection to the geopolitical risks of the energy market, is an approach that should be abandoned once and for all,” explaining that “the profound lesson learned from the Strait of Hormuz shock brings us back to the necessity of redrawing the maps of the future, by adopting economic diversification as a necessary condition that precedes financial diversification as a condition of sufficiency.”
He pointed out that “redesigning Iraq’s vision for the period 2020–2025 should be based on the principle of economic diversification, based on a genuine partnership between the state and the productive private sector, and launching a suitable climate for the activities of a productive social market economy,” explaining that “the features of the plan should indicate in its objectives raising the contribution of non-oil revenues to the general budget from its current levels, which are less than 10% due to weak economic diversification, to about 45% as an initial indicative stage.”
He added that "achieving this percentage in diversifying budget resources requires a fundamental shift in the philosophy of public finance, from merely distributing resources to operating and producing them, through establishing a strong link with the market economy based on institutions, efficiency and production."
He concluded by saying: “The future Iraq will be efficient in diversifying budget resources and efficient in diversifying sources of GDP, in line with the national strategy for developing market forces and the private sector.”
Prime Minister Ali Faleh al-Zaidi visited the Ministry of Finance on Saturday and directed that a comprehensive vision be developed.
The Prime Minister's Media Office stated in a statement received by the Iraqi News Agency (INA) that "Prime Minister Ali Faleh Al-Zaidi visited the Ministry of Finance as part of his follow-up on the work of ministries and their executive, service and economic programs," noting that "Al-Zaidi chaired a meeting of the ministry's senior staff and listened to reports concerning the ministry's work in all its departments, where he stressed that Iraq is going through a sensitive financial and economic situation imposed by regional and international developments and their repercussions on the global economy."
Al-Zaydi explained, according to the statement, that “these changes have affected Iraq’s export capacity and oil revenues,” clarifying that “90% of the budget depends on oil revenues, and work must be done to expand the non-oil economy, adopt alternatives that support diversification, and it is necessary to be frank with citizens about the financial challenges, without exaggeration or embellishment.”
The Prime Minister said: “We want the Ministry of Finance to draw up the financial policy for Iraq, and we are preparing the Iraq 2035 plan. The Ministry must have a clear vision, and the budget must be a roadmap for the future.” He explained that “the budget must maximize its resources, and we cannot continue to rely on oil alone. Iraq is a meeting point for the world, and we must invest in its geographical location to enhance its revenues.”
Al-Zaydi pointed out that “employees’ salaries must be released on time, so that there is no message of concern to the people, as well as the salaries of the social protection network. We have directed that a payment be prepared for the farmers’ dues, and the dues of contractors and investors, and their rights must not be delayed to ensure the continuation of work,” noting that “there is a concept that the state is the one that manages the economy, but we want the economy to manage the state, and if the change in concepts is achieved, we will not have to change the people.”
He continued, "The state is not just about budgets and allocations, but rather it seeks to achieve a high GDP, as there are governing and operational expenses that do not reflect positively on development. Therefore, we seek to change traditional financial concepts."
He added, "We do not want to replicate yesterday's experiences. The state's role is regulation and oversight, and we support the private sector, as it is the one that will drive development. It is our duty to look after the poor, but we must not continue to operate with a socialist mentality in the economy."
The Prime Minister explained, “We have directed the preparation of a report on the customs situation in terms of revenues during the last six months, especially for materials with high customs duties. We have also noticed that materials with high customs duties are being replaced with cheaper materials through devious means, and automation will put an end to this manipulation.”
He pointed out that “we have 5,000 doctors contracted with the Ministry of Health, and we have directed that their situations be resolved. We have also circulated a directive not to place pictures of the Prime Minister and ministers in all departments and institutions. We want people to see our work, not our pictures.” link
Seeds of Wisdom RV and Economics Updates Sunday Morning 5-24-26
Good Morning Dinar Recaps,
Iran Rejects Compromise as High-Stakes U.S. Talks Threaten Energy Stability
Tehran signals resistance as Pakistan mediation efforts continue amid rising fears over Hormuz disruptions, energy shocks, and broader geopolitical fragmentation.
Good Morning Dinar Recaps,
Iran Rejects Compromise as High-Stakes U.S. Talks Threaten Energy Stability
Tehran signals resistance as Pakistan mediation efforts continue amid rising fears over Hormuz disruptions, energy shocks, and broader geopolitical fragmentation.
Overview
Iran has hardened its negotiating position in ongoing indirect talks with the United States, with Parliament Speaker Mohammad Baqer Qalibaf declaring that Tehran will not compromise on what it considers its sovereign rights. The remarks came during meetings in Tehran with Pakistani Army Chief Asim Munir, whose government continues acting as a quiet intermediary between Washington and Tehran.
The developments arrive at a critical moment for global markets. Continued instability surrounding the Strait of Hormuz — one of the world’s most important energy corridors — is fueling concerns over oil supply disruptions, inflation pressures, and broader financial instability. The negotiations are increasingly viewed not only as a regional security issue, but as a major factor shaping the evolving global economic order.
Key Developments
1. Iran Signals Hardline Position in Negotiations
Qalibaf warned that the United States remains “untrustworthy” in negotiations and insisted Iran would continue defending its national interests through both diplomacy and military preparedness. Iranian officials reportedly shared a detailed 14-point negotiation framework during discussions with Pakistani mediators.
The comments suggest Tehran is unwilling to make rapid concessions on critical issues such as uranium enrichment, regional influence, or military capabilities despite mounting economic pressure.
2. Pakistan Expands Its Role as Regional Mediator
Pakistan continues positioning itself as one of the few countries maintaining active communication with both Washington and Tehran. General Asim Munir met not only with Qalibaf, but also with Iranian President Masoud Pezeshkian and Foreign Minister Abbas Araqchi during the diplomatic visit.
Islamabad’s growing involvement highlights the increasing role of regional middle powers in managing geopolitical crises as traditional global alliances become more fragmented.
3. Strait of Hormuz Remains Central Flashpoint
Shipping disruptions through the Strait of Hormuz continue impacting global energy markets. The narrow waterway previously handled roughly one-fifth of global oil and LNG shipments, making any instability there a direct threat to international trade and inflation control efforts.
Markets remain highly sensitive to any indication that negotiations could either stabilize or further destabilize Gulf shipping routes.
4. Global Financial Risks Continue Rising
Although U.S. Secretary of State Marco Rubio acknowledged some progress in negotiations, significant disagreements remain unresolved. Investors continue monitoring the situation closely as energy volatility contributes to inflation fears, rising shipping costs, and uncertainty across global markets.
The longer tensions persist, the greater the risk of broader economic spillover effects impacting currencies, bond markets, and international trade flows.
Why It Matters
The ongoing U.S.-Iran confrontation is becoming increasingly tied to broader discussions surrounding the future of global financial stability and geopolitical power shifts. Energy security, shipping access, sanctions policy, and strategic resource control are now directly influencing international monetary systems and global market confidence.
The crisis also reflects the growing transition toward a more fragmented multipolar environment, where regional powers and alternative diplomatic channels are playing larger roles in managing conflicts once dominated by Western-led institutions.
Why It Matters to Foreign Currency Holders
For foreign currency investors and global reset observers, prolonged instability in the Gulf could accelerate several major trends already underway:
Increased pressure on fiat currencies through inflation and energy shocks
Growing diversification away from U.S.-centric systems
Greater volatility in commodity-linked currencies
Rising interest in alternative payment systems and strategic reserves
Expanded geopolitical influence for BRICS-aligned nations and regional mediators
As energy corridors become politicized, financial systems tied heavily to global trade flows may experience increasing stress and realignment pressures.
Implications for the Global Reset
Pillar 1: Energy Security Reshapes Financial Power
Control over strategic trade routes such as the Strait of Hormuz is becoming deeply connected to currency stability, inflation management, and sovereign debt conditions. Nations that secure stable energy access may gain increasing influence over future trade and settlement systems.
Pillar 2: Multipolar Diplomacy Accelerates
Pakistan’s role in mediation reflects the rise of alternative diplomatic actors outside traditional Western power structures. This trend aligns with the broader movement toward a more decentralized geopolitical and financial order.
This is not just a regional conflict — it is a growing stress test for the future balance of global finance, energy security, and geopolitical influence.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Modern Diplomacy — “Iran: Qalibaf Says It Will Not Compromise in Talks With US”
Reuters — “Pakistan continues mediation efforts between Iran and United States amid Gulf tensions”
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🌱 A Message to Our Currency Holders🌱
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News™
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Sunday Morning 5-24-26
Central Bank Governor: Banking reform is receiving direct attention from the Prime Minister
Baghdad – WAA The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Tuesday that there is no intention to reduce the exchange rate of the dinar against the dollar. While denying the existence of any American embargo on Iraqi funds, he indicated that the banking reform file is receiving direct attention from Prime Minister Ali Al-Zubaidi.
Al-Alaq told a number of journalists, as reported by the Iraqi News Agency (INA), that “there is no intention to reduce the exchange rate of the dinar against the dollar, and we will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and securing salaries,” noting that “the cash reserves are currently being invested in several countries, and there is no American embargo on Iraqi funds.”
Central Bank Governor: Banking reform is receiving direct attention from the Prime Minister
Baghdad – WAA The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Tuesday that there is no intention to reduce the exchange rate of the dinar against the dollar. While denying the existence of any American embargo on Iraqi funds, he indicated that the banking reform file is receiving direct attention from Prime Minister Ali Al-Zubaidi.
Al-Alaq told a number of journalists, as reported by the Iraqi News Agency (INA), that “there is no intention to reduce the exchange rate of the dinar against the dollar, and we will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and securing salaries,” noting that “the cash reserves are currently being invested in several countries, and there is no American embargo on Iraqi funds.”
He added that "the US Treasury and the Federal Reserve praise the role of the central bank," noting that "the central bank provides dollars to travelers and traders at the official rate."
He explained that "most banks have reached the stage of merger or liquidation, and only one or two banks remain that are unable to continue," stressing that "the banking reform file is receiving direct attention from the Prime Minister, and there is an expected meeting in the coming days with the Federal Reserve and the US Treasury Department."
He confirmed that he "directly oversees the banking reforms file, and the banks concerned and the consulting firm have made significant progress in implementing the reform requirements," noting that "a meeting is expected in the coming days that will bring together Oliver Wyman and the Central Bank of Iraq with the US Federal Reserve and the US Treasury Department."
He added: “The meeting will pave the way for the transition to dealing in other foreign currencies for banks that have completed all the required requirements and procedures,” noting that “there is no truth to what is being said about the Central Bank obstructing banking reforms, and our interest lies in the return of the deprived banks to activity as quickly as possible.”
He concluded by saying: "The media has a major role, and the international community is watching with interest what is being said by parliamentarians, analysts, and local media." https://ina.iq/ar/economie/263703-.html
Ali al-Alaq: Central Bank Participation in Budget Drafting Is Essential
The Governor of the Central Bank of Iraq (CBI) stressed the need for stronger coordination between fiscal and monetary policy, stating that the bank’s involvement in budget preparation helps prevent an economic gap.
Coordination Between Fiscal and Monetary Policy
CBI Governor Ali al-Alaq said that the participation of the Central Bank in drafting the state budget is essential to ensure complementarity between fiscal and monetary policies.
He noted that such coordination helps prevent economic disparities and strengthens long-term fiscal and monetary stability.
Role of the Central Bank in Economic Policy
Al-Alaq explained that the Central Bank has detailed indicators and data on cash flow, foreign reserves, and money supply levels. Therefore, it must play a key role in shaping the country’s overall economic policy alongside the fiscal policies implemented by the government and the Ministry of Finance.
He also emphasized that a lack of coordination directly affects prices and inflation levels.
Toward a More Balanced Budget Framework
Al-Alaq stated that coordination between the two institutions would lead to a more realistic and balanced budget capable of responding to economic changes.
These remarks come as the Iraqi government has yet to prepare the 2026 budget, with indications that a budget law for this year is unlikely.
Al-Zaidi Emphasizes Economic Reforms and Stability Initiatives
In his first official address after becoming prime minister, Ali Faleh al-Zaidi underlined that one of the “top priorities” for his government is initiating a comprehensive economic and financial reform program.
He highlighted the program aims at "building a strong, diversified, and sustainable national economy that does not rely on a single resource.”
Al-Zaidi also chaired a meeting of the Financial Stability Council earlier this week with the CBI governor and the minister of finance, during which he underscored the importance of making financial decisions that support stability in a way that positively impacts the government’s development, service, and economic plans. https://channel8.com/english/news/58421
Political Consensus Paves The Way For The Passage Of The Oil And Gas Law.
2026/05/19 Baghdad: Jinan Al-Asadi The Iraqi Parliament is preparing to introduce the draft oil and gas law in the coming period, amid indications of a political consensus among most blocs to pass it. MP Adel al-Mahalawi, from the Progress Bloc, told Al-Sabah newspaper that the law will be presented to Parliament soon after political understandings are reached.
He explained that Prime Minister Ali al-Zubaidi has expressed his willingness to cooperate in finalizing legislation with an economic dimension. He clarified that the law is considered one of the most anticipated pieces of legislation, as it regulates the relationship between the federal government and the oil-producing provinces and contributes to supporting the budget and boosting revenues.
Al-Mahalawi added that some technical and political disagreements still exist, but they are resolvable through national consensus. He also noted Parliament's intention to introduce a set of service and economic laws in the coming period in coordination with the government. https://alsabaah.iq/132587-.html
Lebanese News: US General Petraeus's Visit To Baghdad Brings Back Memories Of The "Sunni Awakening" Project
Baghdad - One News 5/23/2026 Sunni Awakening project that became associated with his name after 2007.
According to the Lebanese newspaper Al-Akhbar, the visit coincided with political changes that accompanied the formation of the new government, most notably the exclusion of factional forces from the first ministerial batch, in addition to growing talk within political circles about unannounced understandings between Baghdad and Washington regarding the Popular Mobilization Forces and the restructuring of the security landscape in Iraq.
Iraqi political sources indicate that Petraeus discussed during his meetings with government officials and security leaders American visions for reorganizing the Iraqi security establishment, within a vision that considers the continuation of the current form of the Popular Mobilization Forces to be an obstacle to the stability of Iraq and its regional relations. https://1news-iq.net/الاخبار-اللبنانية-زيارة-الجنرال-الأم/
Masrour Barzani And Ali Al-Zaidi Hold A Bilateral Meeting In Baghdad
Latest News Baghdad - One News 5/23/2026 Meanwhile, the Prime Minister of the Kurdistan Region, Masrour Barzani , and the Prime Minister of the Federal Government, Ali al-Zaidi , held a bilateral meeting at the Government Palace in the Iraqi capital, Baghdad .
The Prime Minister of the Kurdistan Region arrived in Baghdad on Saturday afternoon, leading a high-level government delegation, for a two-day visit.
During his visit, Masrour Barzani is scheduled to hold a series of meetings with the Federal Prime Minister al-Zaidi, the Speaker of Parliament, and the Head of the Supreme Judicial Council, along with a number of senior officials and leaders of political forces.
The talks will address the latest developments and updates on the Iraqi and regional scenes, as well as discuss contentious issues and outstanding files between the Kurdistan Region and the Federal Government, in accordance with the provisions of the Constitution and in a manner that guarantees the rights of all components of the country.
https://1news-iq.net/مسرور-بارزاني-وعلي-الزيدي-يعقدان-اجتم/
Iraqi And Kurdish Premiers Seek Agreement On Longstanding Disputes
026-05-23 / 05:18 Shafaq News- Baghdad/ Erbil Iraqi Prime Minister Ali Al-Zaidi and Kurdistan Region Prime Minister Masrour Barzani on Saturday launched talks in Baghdad focused on oil exports, border crossings, customs procedures, and revenue-sharing arrangements between Baghdad and Erbil.
During the discussions, which also addressed implementation of the UN-developed ASYCUDA customs platform and coordination over oil companies operating in the Kurdistan Region, Al-Zaidi stated that his government was seeking to resolve outstanding issues “according to the law and constitution,” adding that Baghdad aimed to reach an agreement serving “the interests of the country and its people.” المكتب الاعلامي لرئيس الوزراء العراقي
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Prime Minister Ali Falah Al-Zaidi Emphasizes The Government's Keenness To Cooperate With The Regional Government To Resolve Technical Issues
Today Saturday, the Prime Minister, Mr. Ali Falah Al-Zaidi, the Prime Minister of the Kurdistan Region of Iraq, Mr. Masrour Barzani, and his accompanying delegation.
During the meeting, the research of the situation in the country, discussion of technical issues related to border port files, implementation of Asikoda system and oil companies operating in the region was emphasized, the opportunity for high coordination and cooperation between the federal government and the regional government, to manage technical issues and to lower obstacles to them in accordance with law and constitution.
His majesty emphasized the diligence to solve all issues, in line with the vision of the government that aims to serve citizens with different components, demonstrating that everyone is partners in this country, and that its goal is to reach an agreement that fulfills the interests of the country and serve its people.
On his part, Mr. President of the Iraqi Kurdistan Region Government renewed his congratulations to Mr. Al-Zaidi, on the occasion of his confidence in the House of Representatives and the formation of the new government, and expressed his support of the regional government for the ministerial cabinet, he also stressed the importance of radical resolving all technical issues in accordance with the Constitution.
•••••
Media office of the Prime Minister 23- MAY-2026
Barzani, meanwhile, stressed the importance of resolving disputes under the constitution while respecting the Kurdistan Region’s federal status.
His two-day visit to the capital will also include meetings with Iraqi Parliament Speaker Haibet Al-Halbousi, Supreme Judicial Council President Faiq Ziidan, and senior political leaders, marking one of the first major engagements between Baghdad and Erbil since Al-Zaidi’s government gained confidence on May 14.
https://www.facebook.com/watch/masrourbarzani/
In March, Baghdad and Erbil reached an agreement to resume Kurdish crude exports through the Iraq-Turkiye pipeline following nearly two years of disruption, with exports resuming at around 170,000 barrels per day.
Despite the agreement, negotiations have continued over payment mechanisms, revenue-sharing arrangements, and guarantees demanded by foreign oil companies operating in the Region, including members of the Association of the Petroleum Industry of Kurdistan (APIKUR).
The strategic importance of northern export routes has also increased following months of disruption to maritime shipping through the Strait of Hormuz, which Iran closed and the United States blockaded during their conflict.
Read more: Iraq's oil lifeline is blocked: Here is why the crisis runs deeper than Hormuz
Baghdad And Erbil Also Remain Divided Over Federal Budget Transfers And Salary Payments To Kurdistan Region Public Employees.
Earlier this year, the Kurdistan Regional Government’s Ministry of Finance and Economy said Baghdad had transferred only about 41% of the Kurdistan Region’s financial entitlements over the previous three years despite agreements on oil and non-oil revenue sharing, while the federal Finance Ministry argued that salary transfers depend on the Kurdistan Regional Government complying with revenue-sharing obligations under Iraq’s federal budget law.
Read more: Into 2026, Baghdad and Erbil face the same disputes—with higher stakes
https://shafaq.com/en/Iraq/Iraqi-and-Kurdish-premiers-seek-agreement-on-longstanding-disputes
Ali Al-Zaidi's Incomplete Cabinet Faces Iraqi Armed Factions Test
2026-05-22 / 02:12 Shafaq News Iraq’s new Prime Minister, Ali al-Zaidi, entered office under the shadow of an incomplete parliamentary mandate after the Iraqi parliament approved only 14 cabinet ministers, leaving nine key sovereign and service portfolios unresolved, including the ministries of Interior, Defense, and Planning.
The delay has not been viewed as a routine political dispute over appointments. Instead, it reflects deeper tensions tied to the restructuring of Iraq’s post-2003 political order and the future role of armed Shiite factions within the state apparatus.
Vacant ministries encompass some of Iraq’s most critical institutions, overseeing security, administration, and economic planning. The Interior and Defense portfolios, in particular, remain highly contentious because they are directly tied to the issue of weapons control and the influence of armed factions, a file that lies at the heart of both Baghdad’s relationship with Washington and rivalries within the Shiite political camp.
Amid a highly sensitive regional and international climate, Baghdad faces increasing US pressure alongside escalating competition among factions within the Coordination Framework. At the same time, Iraqi political forces are attempting to craft a governing arrangement capable of containing external demands without upsetting the country’s fragile internal equilibrium.
Read more: Iraq’s armed factions, state authority, and the battle over disarmament
Armed Factions and the Post-2003 Order
One of the most significant transformations in Iraq since 2003 has been the evolution of armed factions from military actors into influential political stakeholders with direct leverage over state institutions. Many of these groups expanded their influence during the war against ISIS and now maintain substantial parliamentary, political, and economic power that major Iraqi parties can no longer ignore.
Political researcher Ramadan Al-Badran told Shafaq News that the issue of armed factions is simultaneously a domestic Iraqi crisis and part of a broader regional confrontation. “The factions’ relationship with Iran makes them part of the wider tension between Tehran and Washington,” Al-Badran said, arguing that the post-2003 political system, particularly during the governments of former Prime Minister Nouri Al-Maliki between 2006 and 2014, “effectively legitimized the presence of these groups by presenting them as defenders of Iraq’s political order.”
He questioned the current calls to limit factional influence, asking why parallel military formations were established outside the traditional army structure in the first place and why they are now being asked to retreat after years of participating in protecting the state.
Read more: Ali Al-Zaidi sworn in as Iraq's prime minister with a program already failed
A Consensus Prime Minister
Observers interviewed by Shafaq News said Al-Zaidi’s selection was less the result of political dominance within the Coordination Framework than a compromise among competing Shiite forces seeking a figure capable of managing internal rivalries.
Haitham Hadi Numan, Professor of Political Science at the University of Exeter, noted that Al-Zaidi emerged as a consensus candidate acceptable to the major factions inside the alliance, and the forces within the Coordination Framework now possess relatively balanced influence that prevents any single party from dominating. “Therefore, they chose a figure who can be politically managed.”
According to Numan, confrontation with armed factions “remains unlikely” in the current phase. Instead, Iraq’s ruling forces appear more inclined toward the “legal institutionalization” of these groups within state structures.
Read more: The Shiite Coordination Framework: Can govern Iraq, but cannot agree on a primeminister
Factions Push Back
Pillar One of al-Zaidi’s program commits the government to consolidating all weapons under exclusive state authority, meaning no armed group outside the formal military and security structure should operate independently. In most countries, this would be an unremarkable statement, but in Iraq, it is the central unresolved dilemma of the post-2003 political order.
Signs of resistance quickly emerged. Harakat Hezbollah al-Nujaba rejected suggestions that the government’s pledge to limit weapons to state authority applies to what it called “resistance weapons.”
The group’s Executive Council chief, Nazem Al-Saadi, stressed that the term “uncontrolled weapons” referred only to illegal arms that create “chaos,” insisting that it did not include weapons held by fighters who “defended Iraq, its holy sites, and its people during the most difficult circumstances.”
At the same time, new fractures appear to be emerging within the Coordination Framework itself.
A well-informed source revealed to Shafaq News that five influential Shiite leaders are holding advanced discussions to establish a new parliamentary alliance that could significantly reshape Iraq’s ruling coalition landscape.
The figures involved include Nouri Al-Maliki, leader of the State of Law Coalition; Hadi Al-Ameri, leader of the Badr Organization and head of the Fatah Alliance; Faleh Al-Fayyad; Humam Hamoudi; and Ahmed al-Asadi.
According to the source, the proposed bloc could include between 75 and 100 lawmakers, potentially making it one of the largest organized opposition forces in parliament despite originating from within the Shiite political establishment itself.
If formed, the alliance would signal not only dissatisfaction with Al-Zaidi’s government arrangements but also deeper competition over the future leadership of the Coordination Framework and the distribution of influence inside the Shiite camp.
Washington Pressure and Baghdad’s Balancing Act
In recent months, Washington has intensified sanctions targeting individuals linked to armed factions while repeatedly stressing that restricting weapons to state control remains a prerequisite for deeper bilateral cooperation with Baghdad.
Iraqi political sources have also spoken of an undeclared American veto against the participation of armed factions in government institutions.
The US Department of State has indicated that its relationship with the new Iraqi government will be judged “by actions, not words,” placing Baghdad in a difficult position. The Iraqi government must preserve the cohesion of its internal alliances while simultaneously avoiding confrontation with Washington, whose support remains critical for Iraq’s economic stability, security cooperation, and international relations.
Read more: Ali al-Zaidi named Iraq's prime minister: Easy nomination, harder road ahead
Iraq’s Unresolved State Dilemma
According to analysts, the troubled birth of Al-Zaidi’s government underscores a structural crisis that extends far beyond cabinet formation or ministerial quotas.
At its core, the conflict concerns the nature of the Iraqi state itself: the limits of armed faction influence, the future of the Popular Mobilization Forces (PMF), and Baghdad’s relationship with competing regional and international powers.
Caught between American pressure, Iranian calculations, and the internal balance of the Coordination Framework, the new prime minister faces a defining challenge: either engineer a new political settlement capable of reorganizing the relationship between the state and armed factions or enter another prolonged phase of political paralysis.
One notable indicator of the current compromise is the absence of any explicit commitment in the government program regarding the future of the PMF or its weapons. That omission raises a central question now dominating Iraq’s political debate: can the PMF become the foundation for a broader political settlement between the state and the factions, or has the issue already moved beyond the limits of purely Iraqi solutions?
Read more: Iraq's new political equation: Armed groups' gains put pressure on US
MilitiaMan & CREW IRAQ DINAR UPDATE-Iraq's Reform: CBI Release Major 5-Year Achievement Report-Timing-Iran?
MilitiaMan & CREW IRAQ DINAR UPDATE-Iraq's Reform: CBI Release Major 5-Year Achievement Report-Timing-Iran?
5-23-2026
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-Iraq's Reform: CBI Release Major 5-Year Achievement Report-Timing-Iran?
5-23-2026
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……..
Seeds of Wisdom RV and Economics Updates Saturday Afternoon 5-23-26
Good Afternoon Dinar Recaps,
Iran Conflict Reshapes China-U.S. Rivalry as Global Power Balance Begins to Shift
The prolonged Iran-U.S. confrontation is increasingly being viewed as a geopolitical turning point that may accelerate the transition toward a more multipolar global order.
Good Afternoon Dinar Recaps,
Iran Conflict Reshapes China-U.S. Rivalry as Global Power Balance Begins to Shift
The prolonged Iran-U.S. confrontation is increasingly being viewed as a geopolitical turning point that may accelerate the transition toward a more multipolar global order.
Overview
What began as a regional confrontation between the United States and Iran is now evolving into a much larger strategic test with global implications for the balance of power between Washington and Beijing.
According to growing geopolitical analysis, the Iran conflict has exposed vulnerabilities in U.S. military deterrence, economic resilience, and alliance management while simultaneously creating strategic opportunities for China to expand its influence across global markets and diplomatic networks.
Chinese leadership is reportedly studying the crisis closely as a real-time example of how prolonged geopolitical attrition can weaken even the world’s most powerful military and financial system.
Key Developments
1. Iran’s Resistance Challenges Traditional U.S. Deterrence
The conflict has increasingly highlighted the limits of overwhelming military superiority in modern geopolitical warfare.
Rather than achieving rapid strategic surrender through sanctions and military pressure, the United States now faces a prolonged war of attrition involving shipping disruptions, energy instability, rising inflation pressures, and mounting operational costs.
Iran’s asymmetric strategy — particularly involving the Strait of Hormuz — demonstrated that smaller powers can impose significant economic and political strain without defeating a superior military force outright.
2. China Sees Strategic Overextension in Washington
Chinese analysts reportedly view the Iran crisis as evidence that the United States may be struggling to manage multiple global confrontations simultaneously.
As Washington diverts military resources and diplomatic focus toward the Middle East, Beijing gains additional room to maneuver in the Indo-Pacific region, particularly regarding Taiwan and the South China Sea.
The situation has intensified concerns inside the Pentagon regarding missile stockpiles, air defense systems, and the long-term sustainability of simultaneous geopolitical crises.
3. Economic Pressures Are Weakening Global Confidence
The ongoing conflict has contributed to energy market instability, shipping disruptions, inflation fears, and growing concerns over global supply chains.
China has continued maintaining selective economic ties with Iran despite sanctions pressure, while positioning itself as a more stable and patient economic power compared to what Beijing portrays as increasingly reactive American leadership.
Analysts note that prolonged instability could further accelerate de-dollarization efforts and deepen interest in alternative trade and financial systems.
4. The Crisis Is Reinforcing a Multipolar Global Order
One of the most significant outcomes may be the gradual erosion of confidence in America’s ability to maintain uncontested global leadership.
China increasingly presents itself as a long-term strategic actor focused on economic development, infrastructure, and stability, while portraying U.S. policy as overly dependent on military coercion.
The longer the conflict continues, the more the world may move toward a fragmented international system where power is distributed among several competing centers rather than dominated by a single superpower.
Why It Matters
The Iran conflict is no longer simply a Middle Eastern security issue. It has become part of the broader global struggle involving military power, economic influence, energy security, and financial dominance.
For the first time in decades, a prolonged regional confrontation is visibly testing the durability of U.S. global leadership while simultaneously strengthening China’s strategic position without Beijing directly engaging in military conflict.
The crisis also demonstrates how modern geopolitical competition increasingly revolves around economic endurance, supply chain resilience, and long-term attrition rather than quick battlefield victories.
Why It Matters to Foreign Currency Holders
For foreign currency holders and global reset observers, the situation reinforces growing uncertainty surrounding the future structure of the international monetary and geopolitical system.
Persistent energy instability, inflationary pressure, rising sovereign debt concerns, and declining confidence in traditional global leadership structures may continue accelerating diversification away from a purely U.S.-centered financial order.
China’s expanding economic influence, combined with broader de-dollarization initiatives among BRICS and emerging economies, points toward a future where multiple financial and geopolitical power centers coexist.
Implications for the Global Reset
Pillar 1: Wars of Attrition Are Replacing Traditional Power Projection
Modern conflicts increasingly focus on economic endurance, energy disruption, financial strain, and political exhaustion rather than direct military conquest alone.
The Iran conflict demonstrates how prolonged instability can gradually weaken larger powers over time.
Pillar 2: Multipolar Financial and Geopolitical Systems Are Accelerating
As global confidence fragments, nations are increasingly building parallel economic structures, regional alliances, and alternative payment systems outside traditional Western institutions.
China is leveraging these shifts to expand long-term influence without needing immediate military dominance.
Seeds of Wisdom Team View
The Iran-U.S. confrontation may ultimately be remembered less for the military conflict itself and more for how it exposed deeper structural weaknesses within the existing global order.
China appears to understand that the future contest for global leadership may not depend on defeating America militarily, but rather on patiently outlasting Washington economically, politically, and strategically while global confidence gradually shifts.
The conflict is increasingly becoming a geopolitical laboratory for the next phase of great-power competition — one driven by endurance, economic leverage, supply chains, and financial systems instead of purely conventional warfare.
This is no longer simply a regional war — it is a stress test for the future architecture of global power.
Seeds of Wisdom Team
Newshounds News™ Exclusive
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Iraq Economic News and Points To Ponder Saturday Afternoon 5-23-26
Al-Zaidi And Masrour Barzani Discuss Border Crossings, The Implementation Of The ASYCUDA System, And Oil Companies Operating In The Region.
Money and Business Economy News – Baghdad Prime Minister Ali al-Zaidi expressed his desire on Saturday to resolve the outstanding disputes and issues between Erbil and Baghdad.
During his meeting with Kurdistan Regional Government Prime Minister Masrour Barzani in Baghdad, Al-Zaidi said, "We are all partners in this country, and our goal is to solve problems, reach an agreement, and serve all citizens and communities without discrimination."
Al-Zaidi And Masrour Barzani Discuss Border Crossings, The Implementation Of The ASYCUDA System, And Oil Companies Operating In The Region.
Money and Business Economy News – Baghdad Prime Minister Ali al-Zaidi expressed his desire on Saturday to resolve the outstanding disputes and issues between Erbil and Baghdad.
During his meeting with Kurdistan Regional Government Prime Minister Masrour Barzani in Baghdad, Al-Zaidi said, "We are all partners in this country, and our goal is to solve problems, reach an agreement, and serve all citizens and communities without discrimination."
For his part, he stressed the importance of addressing the contentious issues between the two sides in a radical manner and based on the constitution, while respecting the federal entity of the region.
A statement issued by the Prime Minister’s Media Office stated that the two sides discussed technical issues related to border crossings, the implementation of the ASYCUDA system, and oil companies operating in the region. Emphasis was placed on the availability of high-level coordination and cooperation between the federal government and the regional government to manage technical issues and overcome obstacles to address them in accordance with the law and the constitution.
This morning, the Prime Minister of the Kurdistan Region arrived in Baghdad at the head of a high-level government delegation on a visit aimed at discussing the latest developments and updates on the Iraqi and regional scenes, in addition to discussing the resolution of contentious issues and outstanding files between the Kurdistan Region and the Federal Government in accordance with the provisions of the Constitution and in a manner that guarantees the rights of all components of the country.
https://www.economy-news.net/content.php?id=69433
DeepSec ignites an AI price war: historic discounts of up to 75%
Arabic and international Chinese AI startup DeepSec announced on Saturday that it has made the 75% price reduction on its flagship V4-Pro AI model permanent, stabilizing prices at just a quarter of their original level.
The company did not disclose in its official statement whether this permanent price cut was due to an increase in the supply of Huawei's Ascend 950 chips, which DeepSec relies on to enhance the performance of its model and expand its operations.
As part of this decision, the company has reduced the cost of the V4-Pro's API to between 0.025 and 6 yuan per million tokens (approximately $0.0035 to $0.83) depending on the nature and type of use, down from the previous range of 0.1 to 24 yuan. https://www.economy-news.net/content.php?id=69456
Al-Zaydi: Salaries Must Be Paid On Time, And We Are Preparing The Iraq 2035 Plan.
Money and Business Economy News – Baghdad Prime Minister Ali Faleh al-Zaidi directed the Ministry of Finance on Saturday to release employee salaries and social protection payments on time.
A statement from his office, received by "Al-Eqtisad News," stated that "Al-Zidi visited the Ministry of Finance as part of his follow-up on the work of ministries and their executive, service and economic programs."
Al-Zaydi chaired a meeting of the ministry's senior staff and listened to reports concerning the ministry's work in all its departments, where he stressed that Iraq is going through a sensitive financial and economic situation imposed by regional and international developments and their repercussions on the global economy.
Al-Zaydi explained that "these changes have affected Iraq's export capacity and oil revenues, indicating that 90% of the budget depends on oil revenues, and work must be done to expand the non-oil economy and adopt alternatives that support diversification, pointing out the need to be frank with citizens about the financial challenges, without exaggeration or embellishment."
He continued: "We want the Ministry of Finance to draw up the financial policy for Iraq, and we are preparing the Iraq 2035 plan. The ministry must have a clear vision and the budget must be a roadmap for the future."
He pointed out that "the budget must maximize its resources, and it is not possible to continue to rely on oil alone," explaining that "Iraq is a meeting point for the world and we must invest in its geographical location to enhance its revenues."
He added that “employees’ salaries must be released on time, so that there is no message of concern to the people, as well as the salaries of the social protection network,” directing “the preparation of a payment of the dues of farmers, and the dues of contractors and investors, and their rights must not be delayed to ensure the continuation of work.”
He explained that "there is a concept that the state manages the economy, but we want the economy to manage the state, and if the change in concepts is achieved, we will not have to change the people," noting that "the state is not just a budget and allocations, but rather seeks to achieve a high GDP."
He explained that "there are governing and operational expenses that do not reflect positively on development, so we seek to change traditional financial concepts, and we do not want to replicate yesterday's experiences. The role of the state is regulation and monitoring, and we support the private sector, as it is the one that will advance development."
He added: “It is our duty to look after the poor, but we must not continue to operate with a socialist mindset in the economy,” directing that a report be prepared on the customs situation in terms of revenues during the last six months, especially for materials with high customs duties.
He continued: "We noticed that high-customs materials are being replaced with cheaper materials through devious means, and automation will put an end to this manipulation. We have 5,000 doctors contracted with the Ministry of Health, and we have directed that their situations be resolved."
He concluded his speech by saying: "We have circulated a directive not to place pictures of the Prime Minister and ministers in all departments and institutions. We want people to see our work, not our pictures."
https://www.economy-news.net/content.php?id=69435
From $300 To $2.3 Million: Shocking Prices For 2026 World Cup Tickets
Money and Business Economy News - Follow-up Football, the game that was born in the streets, schools and alleys, and which has always been considered the most popular sport in the world, seems today to be at a historic turning point that may change its nature forever.
The 2026 World Cup, which is supposed to be a global celebration of popular passion, has become a source of widespread controversy due to an unprecedented jump in ticket prices and a clear shift towards a business model closer to luxury markets than to mass sports.
From Reasonable Tickets To Shocking Prices
For the first time in the tournament's history, FIFA is adopting a "dynamic pricing" system, a model common in aviation and hotels, where prices change instantly according to demand.
Shocking result
Cheapest ticket in the group stage: around $300
Official final tickets: Exceeded $11,000 and could reach $30,000
In the resale market: Some tickets reached $2.3 million for a single seat
Figures like these are no longer just a price increase, but a radical shift in the philosophy of accessing the world's biggest football event.
Even US President Donald Trump, who contributed to the bid to host the tournament, commented on the prices, telling the New York Post: "Even I wouldn't pay that price."
FIFA Enters The Era Of Profit Maximization
What is happening is not just about increased demand, but a strategic shift in the tournament management model.
FIFA also launched an official platform for reselling tickets, through which it receives commissions from both the seller and the buyer, in a move that reinforced the commercial nature of the tournament.
According to market comparisons, the average ticket prices for the 2026 World Cup are about 6 times higher than the average of the last five editions of the World Cup.
This shift reflects a clear trend: the World Cup is no longer just a sporting event, but a huge entertainment industry based on maximizing revenues.
When Attendance Becomes A Privilege, Not A Right
But the real debate is not just about the numbers, but about what these numbers mean for football itself.
Historically, the stands were not just seats, but a space for the voice of the masses: chants, emotions, pressure on the players, and the spirit that creates the identity of the game.
Today, with prices rising in this way, a fundamental question arises: Will this popular presence remain possible?
Studies in the sociology of sport indicate that wealthier crowds are often less boisterous and enthusiastic inside stadiums, meaning that changing the social composition of the stands may directly affect the "spirit of the game" itself.
Football Between Market And Identity
The transformation we are witnessing today is not separate from the general trend in global sports, where major tournaments are increasingly reliant on huge broadcasting rights, global sponsorships, flexible pricing models, and resale platforms.
But the 2026 World Cup could be the moment when this transformation is most clearly manifested.
While some see these steps as reflecting a "natural economic modernization" of a huge global tournament, others see them as the beginning of football losing its original identity as a popular sport.
The Question That Arises
Are we witnessing a historic edition of the World Cup in terms of revenues, technology, and organization? Or are we witnessing the beginning of a gradual transformation that will make the tournament an elite event, accessible only to those with financial means?
Ultimately, the real question may not be just about ticket prices, but about the future of the game itself: Will football remain the people's game, or will it turn into a luxury show watched only from golden seats?
https://www.economy-news.net/content.php?id=69432
Reuters: A Memorandum Of Understanding To End The War Between Tehran And Washington Is Being Finalized.
Arabic and international Reuters reported on Saturday that a memorandum of understanding to end the war between Tehran and Washington is being finalized.
Reuters quoted a Pakistani security official as saying, "A memorandum of understanding to end the war between Tehran and Washington is being finalized." https://www.economy-news.net/content.php?id=69458
More “Iraq News” Posted by Tishwash at TNT 5-23-2026
TNT:
Tishwash: Masrour Barzani will be in Baghdad next week to discuss the electricity and oil files.
Kurdistan Regional Government Prime Minister Masrour Barzani will head to Baghdad next week, leading a high-level delegation, for a series of talks with the federal government on the electricity and oil sectors.
Aziz Ahmed, Deputy Director of the Prime Minister's Office, stated in a post on the "X" platform that the regional government will present its successful "Ronaki - Electricity" project, which aims to provide 24-hour electricity, during the visit. He emphasized that the delegation will offer technical support to the new Iraqi government to accelerate reforms in the electricity sector across the country.
TNT:
Tishwash: Masrour Barzani will be in Baghdad next week to discuss the electricity and oil files.
Kurdistan Regional Government Prime Minister Masrour Barzani will head to Baghdad next week, leading a high-level delegation, for a series of talks with the federal government on the electricity and oil sectors.
Aziz Ahmed, Deputy Director of the Prime Minister's Office, stated in a post on the "X" platform that the regional government will present its successful "Ronaki - Electricity" project, which aims to provide 24-hour electricity, during the visit. He emphasized that the delegation will offer technical support to the new Iraqi government to accelerate reforms in the electricity sector across the country.
He added that "the Prime Minister will also address the issue of security guarantees necessary to enable oil and gas companies to resume production and export operations, noting that the ongoing drone threats make it difficult for these companies to continue their work." link
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Tishwash: Government advisor: The Ministry of Finance is preparing a three-year emergency plan to boost revenues.
The Prime Minister’s financial advisor, Mazhar Muhammad Salih, revealed on Friday five options to address the shortfall in financial revenues and restructure the Iraqi economy, in light of the challenges resulting from the decline in oil exports and the closure of the Strait of Hormuz, while indicating that the Ministry of Finance is moving towards preparing a three-year emergency plan to boost revenues.
Saleh said that "Iraq is facing a financial gap estimated at about $9.5 billion per month as a result of the decline in oil exports," noting that "the Ministry of Finance is moving towards preparing a three-pronged emergency plan that includes internal and external borrowing, in addition to measures to
maximize non-oil revenues through taxes, fees and financial reforms."
He explained that “domestic borrowing is a quick solution to cover salaries and operational obligations, but it may lead to a withdrawal of liquidity from banks, an increase in the cost of local financing, and a weakening of private sector financing, while external borrowing provides liquidity in dollars and maintains relative monetary stability, but it is linked to reform conditions and an increase in debt service burdens.”
He added that “maximizing non-oil revenues is the most strategic option in the medium and long term, through controlling border crossings and customs, automating the tax system, reducing the informal economy, and improving collection without harming economic activity,” noting that “implementing the Government Financial Management Information System (IFMIS) contributes to strengthening financial oversight, reducing waste and corruption, and raising the efficiency of public spending management.”
Saleh stressed that “reforming the banking sector, especially Rafidain and Rasheed banks, is necessary to develop development finance, digital and credit services, as well as the importance of reforming private banks to achieve financial inclusion, support small and medium enterprises and attract investments.”
He explained that “activating the Public-Private Partnership Law would alleviate pressure on the general budget and create new job opportunities, provided that a stable legal environment, investment guarantees, and combating administrative corruption are provided,” stressing that “any emergency plan will not succeed without real financial reform that includes controlling operational spending, reducing waste in government contracts, and adopting spending priorities linked to production and development.”
Saleh explained that "the current crisis represents a real test for the structure of the Iraqi economy, which is dependent on oil," stressing that "accelerating financial and banking reforms and diversifying the economy will enhance the state's ability to cope with geopolitical and economic shocks." libk
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Tishwash: The US dollar: Can Washington guarantee its continued flow into Iraq under al-Zaidi's rule?
The US dollar has returned to the forefront of political debate, with assurances that Washington will not stop the flow of currency to Iraq during Ali al-Zaidi's government, amid talk of trade and financial ties that make it difficult to impose financial restrictions that could threaten Iraqi economic stability.
Political analyst Adel Al-Manea confirmed that the United States will not prevent the flow of dollars to Iraq during Ali Al-Zaidi’s government, attributing this to the existence of commercial and financial ties with the American side that will exert pressure towards the continued flow of currency to the country.
Al-Mana’ said: “Talk of new alliances or coalitions that include more than 140 MPs does not actually exist at the moment,” considering that “they do not go beyond being political understandings and reactions to what happened during the session to grant confidence to Al-Zidi’s government.”
Al-Mana’a pointed out that “the current political reality within the coordination framework can be described as ‘a harmony of faces and a difference of hearts,’ stressing that ‘the majority of political parties and rational people are pushing towards passing what remains of Al-Zidi’s cabinet according to the convictions of the representatives, away from political pressures.’”
He explained that “one of the political leaders predicted that Hebat al-Halbousi would not continue as Speaker of Parliament after the vote of confidence session,” noting that “the Sadiqun movement will not participate in al-Zidi’s government.”
Regarding the visit of US General David Petraeus to Iraq and his meeting with al-Zaidi, al-Mana’ said, “It came in the context of emphasizing that no factions should participate in al-Zaidi’s government without exception.”
He pointed to “American proposals related to restructuring some security institutions and including the Popular Mobilization Forces within a new security ministry that includes various security agencies.”
Al-Mana’ also suggested that “Qasim Atta will be appointed Minister of Interior after the Eid al-Adha holiday,” revealing that “more than 28 MPs withdrew from the Reconstruction and Development Alliance due to the failure to adhere to some of the promises and understandings that accompanied the formation of the government.”
He stressed that “Al-Zaydi was put forward by a “heavy” figure from outside the coordination framework and was accepted by most political forces in order to end the political deadlock,” emphasizing “the rejection of any tampering with the Popular Mobilization Forces file, as it is an institution established by a law from the House of Representatives.” link
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Tishwash: Among them are members of parliament: The US Treasury sanctions nine individuals for allegedly facilitating Hezbollah activities.
The US Treasury Department announced on Thursday new sanctions targeting nine individuals accused of facilitating Hezbollah's activities and undermining Lebanese sovereignty.
The sanctions package included members of the Lebanese parliament, the Iranian ambassador to Beirut, Mohammad Reza Raouf Sheibani, and Lebanese security officials, who it said "exploited their positions to support Hezbollah and obstruct efforts to disarm it."
The US Treasury, in a statement translated by Shafaq News Agency, said that the sanctioned individuals "serve Tehran's malicious agenda and impede the path to peace and recovery for the Lebanese people."
In conjunction with these measures, the US State Department’s “Rewards for Justice” program has set up a financial reward of up to $10 million for any information leading to the dismantling of Hezbollah’s financial networks and mechanisms.
Washington issued a strongly worded warning that this step is "just the beginning," vowing to hold accountable anyone who continues to provide cover for the party, cooperates with it, or undermines Lebanon's sovereignty.
A statement issued by the US State Department stressed that Lebanon’s stability, security and independence require the complete disarmament of Hezbollah and the restoration of the Lebanese government’s exclusive and absolute authority over the security file throughout the country.
The statement concluded by reaffirming the United States' commitment to supporting the Lebanese people and their legitimate institutions in building a more secure and prosperous future. link