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Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 6-2-26
Good Afternoon Dinar Recaps,
CLARITY Act Nears Senate Vote as America Moves Closer to Comprehensive Crypto Regulation
The advancement of the CLARITY Act could establish the regulatory foundation for digital assets in the United States and strengthen America's position in the evolving digital financial system.
Ultimate Restructuring of the Monetary System
Ultimate Restructuring of the Monetary System
Liberty and Finance: 6-1-2026
Simon Hunt outlines a multi-year transition toward a new global monetary system centered on gold backed settlement mechanisms. He argues that China and Russia are gradually building parallel financial infrastructure that reduces dependence on the US dollar.
In his view, BRICS aligned economies may eventually introduce a gold linked currency or unit that facilitates international trade outside the Western system.
More “Iraq News” Posted by Tishwash at TNT 6-2-2026
TNT:
Tishwash: Mohsen Al-Humaid: ICC continues its efforts to open channels of cooperation and investment with international institutions and companies.
The President of the International Chamber of Commerce - Iraq (ICC), Engineer Mohsen Al-Humaid, affirmed that investment represents the true gateway to achieving sustainable economic development, pointing to the importance of working to attract the largest global investments to the Iraqi market in a way that contributes to supporting the reconstruction movement and revitalizing various productive and service sectors.
Iraq Economic News and Points To Ponder Late Monday Evening 6-1-26
A Leader Within It: The Coordination Framework Will Hold A Crucial Meeting Tomorrow, Tuesday, To Finalize The Ministries Of Al-Zidi's Cabinet
latest news Monday, June 1, 2026 Baghdad - One News A prominent leader in the coordination framework revealed that the coalition leaders will hold a meeting tomorrow, Tuesday, to discuss the issue of vacant ministries and to decide on the mechanism for completing the government formation.
The leader explained that the meeting will discuss setting a date for a parliamentary session to vote on the remaining ministers, given the continued political disagreements regarding a number of ministerial portfolios.
Seeds of Wisdom RV and Economics Updates Tuesday Morning 6-2-26
Good Morning Dinar Recaps,
Globalization Transforms as Trade Wars and Geopolitical Conflicts Reshape the World Economy
The global economy is not abandoning globalization but evolving toward a new model built on resilience, security, and strategic partnerships.
Iraq Economic News and Points To Ponder Monday Evening 6-1-26
Exchange Offices Expand In Iraq: Cash Economy Outpaces Banking Sector
2026-06-01 Shafaq News- Baghdad Exchange and money transfer offices have expanded significantly across Iraq in recent years, reflecting continued reliance by citizens and traders on non-bank financial services despite gradual improvements in financial inclusion.
According to Prime Minister’s financial adviser Mudher Mohammed Saleh, about 87% of Iraq’s money supply, roughly 95 trillion Iraqi dinars (about $72.5 billion) out of a total 109 trillion dinars (around $83.2 billion), remains outside the banking system. “The trend limits banks’ ability to channel funds into lending and investment and highlights the persistence of cash hoarding and weak integration into the formal financial sector.”
Seeds of Wisdom RV and Economics Updates Monday Evening 6-1-26
Good Evening Dinar Recaps,
Japan Accelerates Digital Finance Push with Crypto ETFs and Yen Stablecoin Initiative
Japan's latest blockchain proposals signal a strategic move toward digital assets, potentially reshaping the future of payments, investment markets, and financial infrastructure across Asia.
OIL SHORTAGES - Global Oil System Is COLLAPSING as Hormuz Closure DRAINS STOCKPILES
OIL SHORTAGES - Global Oil System Is COLLAPSING as Hormuz Closure DRAINS STOCKPILES
Lena Petrova: 6-1-2026
Could the oil crisis trigger a global recession before the world runs out of oil?
This video examines collapsing global oil inventories, the closure of the Strait of Hormuz, and why energy markets may face a catastrophic circulation failure long before supplies are exhausted.
Learn how shrinking inventory buffers, soaring oil prices, demand destruction, inflation, and supply chain disruptions could push the global economy into recession.
Iraq Economic News and Points To Ponder Monday Afternoon 6-1-26
Oil Surges Past $93 Following US-Iran Strikes
2026-06-01 Shafaq News Oil prices rose more than 2% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in the battle with the Tehran-backed Hezbollah militant group. U.S. crude futures rose $2.29 or 2.62% to $89.65 a barrel as of 0436 GMT. Brent futures rose $2.05 or 2.25% to $93.17 a barrel.
The stepped-up fighting, coming just after the U.S. hosted Israel-Lebanon peace talks in Washington on Friday, dimmed expectations that the U.S. and Iran could soon announce an extension to their ceasefire agreement, which had driven Brent and WTI to settle down 1.8% and 1.7%, respectively, on Friday.
The Fed’s New Plan to Shrink $40T without Paying it Back
The Fed’s New Plan to Shrink $40T without Paying it Back
Taylor Kenny: 6-1-2026
In recent years, the drumbeat of economic change has grown louder, but few signals are as significant as a fundamental shift in the leadership and philosophy of the Federal Reserve.
A recent video from ITM Trading, featuring Taylor Kenney, dives deep into the perspectives of Kevin Warsh and his calls for a “regime change” in U.S. monetary policy. For investors and everyday citizens alike, this shift could signal the end of the post-2008 economic playbook and the beginning of a much more volatile chapter in financial history.
Seeds of Wisdom RV and Economics Updates Monday Morning 6-1-26
Good Morning Dinar Recaps,
Digital Currency Battle Intensifies as Central Banks Warn of a New Global Payments Power Shift
The race between stablecoins, digital currencies, and tokenized bank deposits is accelerating, with major implications for the future of global finance.
Iraq Economic News and Points To Ponder Monday Morning 6-1-26
First Chinese Ship Arrives In Iraq Via The Strait Of Hormuz After Navigation Resumes
Money and Business Economy News – Baghdad The northern port of Umm Qasr received on Monday the first cargo ship coming directly from China via the Strait of Hormuz, after the resumption of maritime traffic in the strait.
The General Company for Iraqi Ports said in a statement received by "Economy News" that the ship "MV KSL XINYANG" docked at the port loaded with materials and equipment for the oil sector and various commercial goods, with a total weight of 29,720 tons.
“Tidbits From TNT” Monday AM 6-1-2026
TNT:
Tishwash: Trump appoints Tom Barrack as special presidential envoy to Iraq and Syria
US President Donald Trump announced the appointment of US Ambassador to Türkiye, Tom Barrack, as Special Presidential Envoy to Iraq and Syria, in a move aimed at strengthening strategic cooperation with the governments of the two countries.
Trump said that Barack would continue his duties as ambassador to Türkiye alongside his new responsibilities, noting that his performance would be fully supported by the U.S. State Department.
He added that the decision comes within the framework of developing bilateral relations and strengthening the partnership with Iraq and Syria, stressing the continued growth of relations with the two countries in various fields.