Seeds of Wisdom RV and Economics Updates Tuesday Evening 4-7-26

Good Evening Dinar Recaps,

Markets Brace for Conflict | Dollar Strength and War Risk Reshape Global Capital Flows

Currency dominance and investor behavior shift under geopolitical pressure

Overview

Global financial markets are entering a critical inflection point, as escalating tensions between the U.S. and Iran drive capital flight, currency shifts, and rising volatility.

The U.S. dollar remains near recent highs, while equities weaken and commodities surge, signaling a reallocation of global capital under stress conditions.

Key Developments

1. Dollar Holds Strong Despite Rising Risk

The U.S. dollar remains near its highest levels since mid-2025, reflecting safe-haven demand amid geopolitical uncertainty.

2. Stocks Decline as War Risk Increases

Equity markets are under pressure, with U.S. futures falling and global stocks weakening as investors brace for potential escalation in the Middle East conflict.

3. Capital Rotates Into Commodities and Energy

Oil prices continue climbing, while sectors sensitive to energy costs—such as airlines—face growing downside pressure, highlighting sector-level financial stress.

4. Mega Capital Events Signal Structural Shifts

Amid the turmoil, major developments like SpaceX preparing for a potential $2 trillion IPO reflect continued capital concentration in strategic industries, even as broader markets weaken.

Why It Matters

This environment reflects a classic risk-off cycle, where capital flows toward perceived safety (dollar, commodities) and away from growth-sensitive assets.

However, prolonged reliance on the dollar during crises may ultimately accelerate diversification efforts globally, especially among emerging markets.

Why It Matters to Foreign Currency Holders

• Strong dollar can create short-term pressure on other currencies

• Volatility increases risk across emerging market assets

• Commodity-linked currencies may gain relative strength

• Long-term trend may still favor de-dollarization strategies

Implications for the Global Reset

• Pillar 1: Currency System Tension

While the dollar remains dominant in crisis, repeated geopolitical use of financial power may push nations to develop alternatives.

• Pillar 2: Capital Flow Realignment

Global capital is increasingly moving based on geopolitical alignment and resource access, not just economic fundamentals.

Analysis

The current market reaction highlights a key contradiction:

• The dollar strengthens in crisis

• But each crisis also motivates long-term diversification away from it

This dual dynamic is central to the evolving global system.

If geopolitical tensions persist, the financial world may gradually shift toward a multi-polar currency framework, where no single system dominates completely.

This is not just market volatility — it’s capital repositioning for a new financial order.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• “5 Things to Know Before the Stock Market Opens” — Investopedia

• “Global Markets React to Iran Tensions” — Reuters

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Tuesday Evening 4-7-26

Is The World Facing A Maritime Chokepoint? The Risks Of Closing The Strait Of Hormuz And The Bab El-Mandeb Strait Threaten Global Energy And Trade

Tuesday, April 7, 2026   Gulf States - One News  International warnings are mounting about the potential repercussions of closing two of the world's most strategic maritime passages, the Strait of Hormuz and the Bab el-Mandeb Strait, amid rising tensions in the region.

 The Strait of Hormuz is the main artery for Gulf oil exports to global markets, through which a large part of international energy supplies pass, making any disruption to it a direct threat to the global economy, as it immediately leads to higher oil prices and increased economic pressure on consuming countries.

In contrast, the Bab el-Mandeb Strait forms a vital link between the Red Sea and the Indian Ocean, and is a key passage for global trade towards the Suez Canal, meaning that its disruption will directly affect shipping between Asia and Europe.

According to reports, including one carried by Reuters, there are warnings of a possible escalation to include Bab al-Mandab, amid indications that the Houthi group may play a role in disrupting navigation to the south. 

Some global shipping companies have already begun changing the routes of their ships to avoid risks, which threatens higher transportation costs and delays in supply chains, especially with regard to food and basic commodities. 

Observers believe that closing both straits together could lead to an unprecedented maritime bottleneck, threatening global supply chains and causing a widespread wave of inflation as a result of rising energy and shipping prices. 

If the situation worsens, this escalation could lead to international military intervention to protect shipping lanes, opening the door to a new phase of tensions that could extend beyond the region. 

The question remains: Is the world heading towards a full-blown maritime crisis, or will international efforts succeed in containing the escalation before reaching this stage?  https://1news-iq.net/هل-يواجه-العالم-اختناقاً-بحرياً؟-مخاط/

PSM’s Al-Sadr still rejects Al-Maliki comeback as Iraqi PM, aide says

2026-04-07 Shafaq News- Baghdad   Patriotic Shiite Movement (PSM) leader Muqtada Al-Sadr has not signaled support for nominating State of Law Coalition head Nouri Al-Maliki as prime minister, Al-Sadr’s aide Salah Al-Obaidi told Shafaq News on Tuesday. 

Al-Obaidi said statements circulating on social media claiming Al-Sadr could back Al-Maliki if Shiite factions reached consensus were fabricated and published through a “suspicious” account. 

The Shiite Coordination Framework, parliament’s largest bloc, formally nominated Al-Maliki in January, but government formation has stalled amid disputes over electing a president, the constitutional step required before naming a premier. Parliament has scheduled April 11 for a session to elect a president, though similar timelines have often slipped during prolonged negotiations.

 In November 2025, the PSM opposed Al-Maliki’s nomination, with a senior official telling Shafaq News on condition of anonymity that it represented “a continuation of failure and corruption,” warning the movement could take action if efforts to return him to power proceed. https://shafaq.com/en/Iraq/PSM-s-Al-Sadr-still-rejects-Al-Maliki-comeback-as-Iraqi-PM-aide-says

Read more: Iraq’s next Prime Minister held hostage by US-Iran standoff

Muzhir Muhammad Salih: The Informal Economy Hides 67% Of The Market In Iraq.

{Economic: Al-Furat News} Mazhar Muhammad Saleh confirmed today, Monday, that the informal economy in Baghdad and the rest of Iraq’s cities represents a source of livelihood for millions of citizens, but at the same time it hides 67% of the market economy, deprives the state of important resources, and leaves those working in it without legal protection. 

Saleh explained in his interview with Al-Furat News Agency that "this economic, social and legal paradox cannot be addressed through imposing taxes or prosecution, but rather through simplifying the procedures adopted by the government program, such as registration, reducing fees, and providing real incentives such as loans and insurance." 

He pointed out that "the adoption of electronic payment through digital payment applications, with its current resurgence, can enhance transparency and facilitate the integration of this sector into the regulated market economy." 

He explained that "when the formal economy becomes more accessible and beneficial, the informal market will become a supporting force for the economy instead of remaining outside the organized market and the legal framework that protects market activity, including the social protection system and the workers' pension fund." 

He added that "the entire informal economy can then be transformed into a supporting force for the economy, based on governance and transparency, instead of remaining outside the legal framework and social protection." 

https://alforatnews.iq/news/مظهر-محمد-صالح-الاقتصاد-غير-الرسمي-يخفي-67-من-السوق-في-العراق

Iran war live: Trump suspends US attacks, Tehran agrees to 2-week ceasefire

Al Jazeera Live  By Lyndal Rowlands, Ted Regencia, Chris Hamill-Stewart and Ali Harb

Published On 7 Apr 20267 Apr 2026

Iran says it has accepted a two-week ceasefire, with negotiations to begin on Friday in Pakistan’s Islamabad, after US President Donald Trump said he would suspend attacks subject to Tehran agreeing to fully reopen the Strait of Hormuz.

Iran’s foreign minister says safe passage through the key waterway will be possible for a period of two weeks via coordination with Iranian armed forces.

Trump’s statement came after Pakistan’s Prime Minister Shehbaz Sharif asked the US president to extend a deadline for a deal and Iran to fully open the Strait of Hormuz. https://www.aljazeera.com/news/liveblog/2026/4/7/iran-war-live-trump-warns-of-devastating-attacks-as-deal-deadline-nears

 ‘A Lot Of Movement’: Trump Moves From War Of Obliteration To Ceasefire With Iran

By Mike Hanna  Reporting from Washington, DC, United States

Let’s start with President Trump’s first message – on social media – of the day in which he said the “whole civilisation will die tonight and never to be brought back again”.

Now, we’ve got the president putting out on his social media that a two-week ceasefire has been agreed to. Not just a ceasefire but a period in which the remaining differences between the US and Iran can be ironed out, leading to a long-term and lasting resolution of the disputes between the two nations.

This is a lot of movement in one particular day.

The White House has formally declared a lid, which means there will be no more formal statements from the White House in the course of the evening. That does not obviate the possibility of more social media coming out from President Trump.

But clearly this is a deeply significant outcome given the fact that this was the time at which President Trump had vowed to obliterate Iran if they did not agree to the US proposals for negotiation.

What has in fact happened, from the president’s social media posting, is that the US has agreed to Iran’s 10-point proposal, which was communicated to the US by Pakistani mediators.

These 10 points are very significant, carrying with them that this is not a temporary ceasefire. Iran would not agree to a temporary ceasefire but it wanted negotiations leading to a lasting, longstanding end to hostilities between the US and Iran.    https://www.aljazeera.com/news/liveblog/2026/4/7/iran-war-live-trump-warns-of-devastating-attacks-as-deal-deadline-nears

.Mr. Al-Hakim: The Stage Is Critical And The Blocs Must Hasten To End The Political Deadlock.

Time: 2026/04/07 22:34:18   Political: Al-Furat News} The head of the National State Forces Alliance, Mr. Ammar Al-Hakim, stressed the need to expedite the end of the political deadlock in Iraq.

A statement from his office, a copy of which was received by Al-Furat News, indicated that Mr. Hakim, during his meeting with Muthanna al-Samarrai, head of the Azm Alliance, emphasized that the current phase is critical and requires a fully empowered government to confront all challenges. He stressed that political blocs must shoulder their responsibilities in expediting the end of the political deadlock.

On the regional level, Mr. Hakim reiterated his call for an end to the war against the Islamic Republic of Iran, stating that escalation is widening the scope of the conflict and consequently increasing the damage inflicted on the region and the world.  LINK

Parliamentarian: No Kurdish Agreement On A Candidate; Saturday's Session Will Be Held To Elect The President.

{Politics:Al-Furat News} The head of the Al-Asas bloc, Alaa Al-Haidari, confirmed that there is no Kurdish agreement on a candidate for the presidency, suggesting that a session will be held next Saturday amidst differing scenarios between a decision or postponement.

Al-Haidari said during his appearance on the “Point” program on Al-Furat satellite channel that: “The political deadlock has been prolonged and has entered a stage of constitutional vacuum as a result of the continued dispute between the two Kurdish parties,” indicating that “the lack of agreement may lead either to breaking the political will and proceeding with the election of the President of the Republic or to the failure to hold the session due to the lack of a quorum.”

He pointed out that "the Democratic Party expressed reservations about holding the session in light of the security situation in the region, with threats to withdraw from the political process if it proceeds."

Al-Haidari added that "regional conditions are casting a shadow on the internal scene," noting that "Iraq is directly affected by the developments of the war in the region, with losses being recorded among the security forces and the Popular Mobilization Forces."

He added that "the government has affirmed its right to self-defense, as security and economic challenges increase, particularly those related to the energy sector and the targeting of vital facilities."

Al-Haidari concluded that "the political scene is still open to multiple possibilities, given the continued disagreements within the political forces regarding the next stage and the formation of the government."   LINK

Rob Cunningham: The Great Payment Reset

Rob Cunningham: The Great Payment Reset

4-7-2026

Rob Cunningham | KUWL.show  

When $100 Trillion in annual global payments can be transferred, swapped and invested, and 100% of trapped nostro/vostro funds are unlocked, and transaction settlement times drop from 24 Hours to 5 seconds, costs drop from 3% to less than 1 cent per transaction, error rates drop to near zero, lost transactions drop from ~6% to near zero, and human labor costs drop by 75%, let’s ask this:

“What are the overall implications for consumers, public trust, new services, employment, corporate revenues, capital efficiencies, ROE, new payment creativity and new reach for previously underserved people everywhere?

Ask critics & skeptics to explain how moving from an OLD institutional “trust” model to a NEW transaction “verifiable truth” model, in a world where 90% of the U.S. House just voted to ban CBDCs in America, is somehow an “evil conspiracy” to further enslave us by central bankers.

The Deeper Question

This isn’t really about payments.

It’s about this:

“Do we want a system where truth is optional and delayed, or one where truth is immediate and unavoidable?”

Because once settlement becomes instantaneous and verifiable…

There’s nowhere left to hide.

When there’s nowhere left to hide

Truth Becomes The System.

CLARITY • STABLE • GENUIS

Source(s):  • https://x.com/KuwlShow/status/2041135948067381745

https://dinarchronicles.com/2026/04/07/rob-cunningham-the-great-payment-reset/

Can A Little Dinar Turn Into Millions? (Real Breakdown)

Can A Little Dinar Turn Into Millions? (Real Breakdown)

Dinar For Dummies:  4-6-2026

In this video I go over how you don't need a ton of dinar to make millions.

As an investor, you’re likely always on the lookout for opportunities to grow your wealth. For those who have been following the Iraqi dinar investment scene, a revaluation (RV) of the currency has been a long-anticipated event that could potentially unlock significant financial gains.

In a recent YouTube video from Dinar For Dummies, entrepreneur and seasoned investor Steven shares his insights and strategies on how to capitalize on the dinar RV and navigate the potential wealth-building opportunities that follow.

One of the key takeaways from Steven’s discussion is that you don’t need to hold a massive amount of dinar to achieve substantial returns.

Using conservative hypothetical scenarios, he demonstrates how even a modest initial investment of $250 in the dinar could yield impressive gains after revaluation.

 For example, if the dinar were to revalue at a rate that returns 10 times the initial investment, a $250 investment would become $2,500. Reinvesting this amount into other assets could then potentially multiply the returns even further.

Steven highlights the importance of having a strategic plan in place for reinvesting your returns. He specifically mentions the cryptocurrency XRP as a potential vehicle for multiplying wealth, citing his strong confidence in its future prospects.

With predictions suggesting that XRP could become a multi-thousand-dollar coin, investors who get in early could see significant returns. By diversifying your portfolio and investing in a mix of assets, including cryptocurrencies and precious metals, you can potentially maximize your gains and build long-term wealth.

Steven also warns that a market crash could follow the dinar RV, creating a window of opportunity to acquire undervalued assets at discounted prices. This could be a game-changer for investors who are prepared to take advantage of the situation.

By having a solid understanding of the market and a well-thought-out investment strategy, you can navigate the potential volatility and come out on top.

The dinar RV is not just a matter of currency exchange rates; it’s also influenced by geopolitical tensions in the region.

Steven references potential catalysts like a bombing in Iran that could accelerate the timeline for the dinar revaluation. As an investor, it’s essential to stay informed about global events and be prepared to adapt your strategy as circumstances unfold.

So, what can you do to prepare for the potential wealth-building opportunities that the dinar RV may bring? Steven advises viewers to take action now by opening investment accounts and planning wisely. By doing so, you can avoid losing potential gains post-RV and be well-positioned to capitalize on the opportunities that arise.

Throughout the video, Steven emphasizes the importance of discipline, diversification, and education in navigating the anticipated financial transition period.

By staying informed, being disciplined in your investment approach, and diversifying your portfolio, you can minimize risk and maximize your potential returns.

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

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 4-7-26

Good Afternoon Dinar Recaps,

Oil Shock Escalates | Strait of Hormuz Crisis Sends Markets Toward Stagflation Risk

Energy spike and war tensions ignite fears of a global economic shift

Overview

Global markets are on edge as oil prices surge above $110 per barrel, driven by escalating tensions between the U.S. and Iran over the Strait of Hormuz. The situation has triggered renewed fears of a global energy crisis, with institutions warning of inflation, slowing growth, and systemic financial stress.

The combination of geopolitical conflict and supply disruption is now pushing the global economy toward a potential stagflation scenario, a key catalyst often associated with major monetary system shifts.

Key Developments

1. Oil Prices Surge Amid War Escalation

Crude oil climbed back above $110–$114 per barrel, as the U.S. issued an ultimatum to Iran to reopen the Strait of Hormuz. Markets are reacting to the risk of prolonged supply disruption in a critical global energy corridor.

2. Global Growth and Inflation Warnings Intensify

The IMF and energy agencies warn the crisis could trigger higher inflation and weaker global growth simultaneously, raising the specter of stagflation across major economies.

3. Market Volatility Spreads Across Assets

Global equities are unstable, with stocks falling, oil rising, and investor confidence weakening. Currency markets show continued dollar strength, while safe-haven demand remains elevated.

4. Energy Crisis Compared to Historic Shocks

The International Energy Agency warned this situation could be more severe than the oil crises of 1973, 1979, and 2022 combined, highlighting the scale of systemic risk building in energy markets.

Why It Matters

This is not just a short-term oil spike—it signals a structural vulnerability in global energy dependence.

When energy prices surge alongside geopolitical instability, the result is often persistent inflation and economic slowdown, a combination that historically forces central banks into difficult policy decisions.

Why It Matters to Foreign Currency Holders

• Rising oil prices increase global inflation pressure

• Strengthening dollar may be temporary amid long-term instability

• Energy-importing nations face currency depreciation risks

• Commodities and hard assets gain renewed monetary importance

Implications for the Global Reset

• Pillar 1: Inflation & Monetary Policy Stress

Sustained energy shocks could force central banks to choose between controlling inflation and supporting growth, accelerating monetary system strain.

• Pillar 2: Energy-Driven Power Shift

Control over energy supply routes becomes a dominant factor in global financial influence, reinforcing a shift toward resource-backed economic power.

Analysis

The Strait of Hormuz crisis is exposing a critical reality: global finance remains deeply tied to physical energy flows.

If disruptions persist, the world could enter a period of prolonged volatility, where inflation, geopolitical risk, and market instability reinforce one another.

This environment historically leads to major structural changes in monetary systems, especially when confidence in stability begins to erode.

This is not just an oil shock — it’s a pressure point for the entire financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• “Oil Back Above $110 as Trump Deadline Looms” — The Guardian

• “Morning Bid: Markets on Edge Amid Iran Tensions” — Reuters

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Tuesday Afternoon 4-7-26

Data: Iraq Did Not Buy Gold In 2026

Money and Business   Economy News – Baghdad   The latest official global gold reserves data for April 2026 shows that Iraq has not recorded any gold purchases since the beginning of 2026, while maintaining its position in the global ranking.   Iraq ranked 28th globally and third in the Arab world during the first three months of this year, according to data seen by Shafaq News.

According to the data, Iraq’s gold reserves amounted to 174.6 tons, which constitutes 28.1% of the country’s total foreign currency reserves.

Globally, the United States topped the list with a reserve of 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, France came in fourth with 2,437 tons, while Russia came in fifth with a reserve of 2,311 tons.

The report continued that Iraq purchased several quantities of gold during 2025, including one ton in March, 1.6 tons in June, 3.1 tons in July, 2.5 tons in August, and 3.8 tons in October.

It is worth noting that the World Gold Council, based in the United Kingdom, is one of the leading bodies specializing in analyzing global gold market trends and the factors affecting its prices. https://www.economy-news.net/content.php?id=67609

2025 Statistics: Iraq Ranks Second In The Arab World In Terms Of Reliance On "Cash"

Money and Business   Economy News – Baghdad   Iraq continues to rely heavily on cash payments for daily transactions as of 2025, ranking high among Arab countries according to forex.se.

Iraq’s reliance on cash, at a rate of up to 85%, reflects the slow pace of the shift towards electronic payments compared to some countries in the region, according to the Swedish website specializing in currency exchange and travel services.

According to the website's data, Lebanon tops the list with 90%, followed by Iraq with 85%, then Egypt and Jordan with 80% each, Morocco with 65%, Tunisia with 55%, Oman with 50%, while Kuwait and Saudi Arabia have 30%, Qatar has 25%, and finally Bahrain and the UAE have 20% each.https://www.economy-news.net/content.php?id=67610

Transportation: The Submerged Tunnel At The Grand Faw Port Will Be Inaugurated Soon.

Money and Business   Economy News – Baghdad   The Ministry of Transport announced that it will inaugurate, in the near future, the submerged tunnel within the Grand Faw Port projects, to be the most important international trade corridor between the continents of Asia and Europe.

The director of the ministry’s media office, Maitham Al-Safi, told Al-Sabah, as reported by Al-Eqtisad News: “Work on the submerged tunnel has reached its final stages, as it is currently being furnished and prepared for cladding. He pointed out that the tunnel will form the most important passage for international trade between the continents of Asia and Europe, which enhances the position of Al-Faw port as one of the most important commercial ports in the region.”

He added that the tunnel is one of the giant engineering projects that will greatly contribute to accelerating maritime transport and increasing the port’s capacity to accommodate huge commercial ships, in addition to its contribution to stimulating trade between Iraq and the countries of the world, and enhancing its ability to interact commercially with international markets, as well as providing thousands of job opportunities in various fields of construction and logistics.

Al-Safi explained in the same context that the government has shown full support for the completion of this phase of the Grand Faw Port project, as it seeks, through the aforementioned projects, similar to the submerged tunnel, to transform Faw Port into a global trade center linking the markets of the Middle East with Europe, which will contribute to strengthening Iraq’s economic position on the international stage. https://www.economy-news.net/content.php?id=67600

Gold Prices Rise In Baghdad, Hold Steady In Erbil Markets

2026-04-07 Shafaq News- Baghdad/ Erbil    On Tuesday, gold prices hovered around 1.03 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1,025,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1,021,000 IQD. The same gold had sold for 1,020,000 IQD on Monday.

The selling price for 21-carat Iraqi gold stood at 995,000 IQD, with a buying price of 991,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1,025,000 and 1,035,000 IQD, while Iraqi gold sold for between 995,000 and 1,005,000 IQD.

In Erbil, 22-carat gold was sold at 1,069,000 IQD per mithqal, 21-carat gold at 1,021,000 IQD, and 18-carat gold at 875,000 IQD.

https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-hold-steady-in-Erbil-markets-0

Iraq Gold Reserves Hold At ~175t, No 2026 Buying

2026-04-07 Shafaq News- Baghdad   Iraq’s gold reserves stood at 174.6 tons with no recorded purchases so far in 2026, according to World Gold Council data.

The figures place Iraq 28th globally and third among Arab countries, while the United States leads with 8,133 tons, followed by Germany, Italy, France, and Russia.

Iraq expanded its reserves in 2025 through multiple purchases, while World Gold Council data, based on central bank and International Monetary Fund (IMF) figures, is typically reported with a delay.

https://www.shafaq.com/en/Economy/Iraq-gold-reserves-hold-at-175t-no-2026-buying

Iraq Holds Second Place In Arab World For Cash Payments In 2025

2026-04-07 Shafaq News- Baghdad   Iraq ranked second among Arab countries in reliance on cash payments in 2025, with 85% of daily transactions conducted in cash, according to data published by the Swedish platform Forex.se.

Lebanon topped the list at 90%, while Egypt and Jordan each recorded 80%, Morocco 65%, Tunisia 55%, and Oman 50%. Kuwait and Saudi Arabia each registered 30%, Qatar 25%, and Bahrain and the United Arab Emirates 20% each.

https://www.shafaq.com/en/Economy/Iraq-holds-second-place-in-Arab-world-for-cash-payments-in-2025

USD/IQD Exchange Rates Steady In Baghdad, Drop In Erbil

2026-04-07   Shafaq News- Baghdad/ Erbil  The US dollar opened Tuesday’s trading mixed in Iraq, hovering around 155,000 dinars per 100 dollars.  According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,600 dinars per 100 dollars, unchanged from Monday.

In the Iraqi capital, exchange shops sold the dollar at 155,000 dinars and bought it at 154,000 dinars, while in Erbil, selling prices stood at 154,550 dinars and buying prices at 154,450 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-steady-in-Baghdad-drop-in-Erbil

Basrah Crudes Hit Highest Levels Since 2022 Amid Global Rally

2026-04-07 Shafaq News- Basrah   Iraq’s Basrah crude surged more than 13% on Tuesday, reaching its highest level since 2022, when prices stood near $122 per barrel.

Basrah Heavy rose $14.96, or 13.83%, to $123.11 per barrel, while Basrah Medium increased by the same margin, or 13.57%, to $125.21 per barrel.

Brent crude futures climbed $1.74, or 1.6%, to $111.51 per barrel by 0530 GMT. US West Texas Intermediate advanced $3.45, or 3.1%, to $115.86. https://www.shafaq.com/en/Economy/Basrah-crudes-hit-highest-levels-since-2022-amid-global-rally

Private Bank-Crypto Deal, XRP Bridge Asset, New Treasury Dollar (and more)

Ariel:  Private Bank-Crypto Deal, XRP Bridge Asset, New Treasury Dollar

4-6-2026

The Cabal On Notice: Freedom & Liberation

Private Bank-Crypto Deal On Market Structure

Banks and crypto firms have been locked in closed-door sessions hammering out the CLARITY Act framework. The core fight is over stablecoin “yield/rewards” banks scream deposit flight will gut their lending power; crypto side pushes back that innovation gets strangled.

A tentative White House-brokered middle ground emerged in March, with more meetings into early April. This isn’t liberation theater. It’s regulated coexistence that lets institutions onboard digital rails while the legacy system still pretends it sets the rules.

The real play: once the bill moves (targeted Senate Banking markup in second half of April), it creates the on-ramp for trillions to flow without the old SWIFT choke points. Expect friction, delays, and last-minute carve-outs, but the direction is locked crypto gets a seat at the adult table under federal guardrails.

Ripple / XRP as the bridge asset

Brad Garlinghouse didn’t mince words recently: Ripple is actively eating SWIFT’s lunch every day by providing faster, cheaper liquidity. He projected XRP could realistically grab 14% of SWIFT volume in coming years, not by “replacing” the messaging network outright but by becoming the settlement rail it desperately needs. For Iraq, this matters. Decades of sanctions, corruption skims, and central bank black-boxing kept the dinar suppressed.

XRP’s on-demand liquidity removes the correspondent banking friction that made cross-border FX a nightmare. Holders positioning in dinar aren’t gambling on some mythical revaluation fairy tale alone they’re betting the new rails will finally let trapped value clear without the old middlemen taking 30-50% cuts in fees, delays, and “facilitation” bribes.

Same logic applies to Venezuela’s recent Forex stabilization moves and dollar sales resumption. These aren’t isolated. They’re test runs for opening markets that were deliberately kept chaotic.

New Treasury Dollar / July 4 signaling

Trump’s signature is already slated for new paper currency printing starting this year first $100s in June framed as 250th anniversary honor. That’s surface.

The deeper current: Basel III revisions (re-proposed March 19, comments due June), SOFR as the new risk-free rate benchmark, ISO 20022 migration milestones (unstructured data purge November 2026), and COMEX-related reforms are the scaffolding.

These weren’t random regulations. They were installed over years to force transparency, higher capital standards, and data-rich messaging that legacy fiat can’t hide inside anymore.

A “new US Treasury Dollar” isn’t literal new paper replacing the old overnight; it’s the transition to a hybrid system where the dollar is increasingly backed/settled via tokenized assets, real-time rails, and reduced counterparty opacity.

July 4 announcement window fits the symbolic reset narrative independence from the old central bank stranglehold.

Read Full Article:  https://www.patreon.com/posts/c---l-on-notice-154942942

https://dinarchronicles.com/2026/04/06/prolotario-private-bank-crypto-deal-xrp-bridge-asset-new-treasury-dollar/

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

Ariel: Basel III and ISO 20022 Forces Financial Transparency

4-6-2026

Basel III and ISO 20022 are the knives in the ribs forcing reserve transparency and real-time auditing that exposes fractional-reserve shell games and off-balance-sheet slush. No more moving money in the dark without a system check. We are literally removing these parasitic cults from our financial system.

ISO 20022 ends them by enforcing rich, structured, auditable data in every cross-border payment stripping the opacity that let black budgets, trafficking proceeds, and hidden skims flow undetected through legacy SWIFT MT formats.

November 2026 milestones (full unstructured address ban, mandatory structured fields, annual release cycles) plus end of MT coexistence make anonymous correspondent banking impossible, forcing real-time transparency that collapses the old cabal’s off-books leverage while enabling bridge assets like XRP for verifiable settlement.

Renee: ISO 20022 just flipped the switch on a new financial system and XRP/XLM are already built to plug into it. The OLD CABAL SYSTEM IS GOING-GONE! “That’s the real story.”

Source(s):   • https://x.com/Prolotario1/status/2041314796566356408

https://dinarchronicles.com/2026/04/07/prolotario-basel-iii-and-iso-20022-forces-financial-transparency/

Tuesday Coffee with MarkZ, 04/07/2026

Tuesday Coffee with MarkZ, 04/07/2026

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning everyone

Member:  It will be a good morning if Mark gives us good news.

Member: Mike Bara say his bond person supposed to get paid today

MZ: I am hearing lots of rumors on bonds….rumors on movement of bonds. But I cannot confirm it to the point that I am willing to 100% say we are rolling. There is a lot of chatter on the bond side…but no one has given me proof.

MZ: Stay calm until we get solid proof. Right now its all hopium. We hope to get answers today.

Member: It's hopium and we are hopium addicts lol

Member: Movement Is Good, Momentum Usually Follows Movement ...

Member: Vietnam President and Prime Minister elected today.

MZ: In Iraq: “Customs announces the implementation of the 24/7 operations room system to enhance comprehensive control and audit”  Another part that is important for the HCL and white paper reforms.

MZ: Sudani is having a bad time. “10 strikes in 72 hours. The government is required to take a clear position”  Israeli and US forces are striking PMF forces aligned with Iran inside of Iraq. This is what happens when you do not deal with things that needed dealing with. Sudani knew he had a problem with the Iranian militias…he just did not want to deal with them. He does not have a choice now….they need to be dealt with.

Member: They said that before the RV the world would look like it's on fire.

Member: We must be close then

Dr. Jay Caprietta and CBD Gurus join the stream today. Please listen to the replay for their information and opinions .

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 )https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU FOR JOINING.  HAVE A BLESSED DAY.  SEE YOU IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!   FOR UPDATES ON MARK’S PODCAST GO TO: https://t.me/+b3hYhYlhKM1hYzcx

Youtube:     https://www.youtube.com/watch?v=Qzg-9VW_65Q

News, Rumors and Opinions Tuesday 4-7-2026

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR Update as of Tues. 7 April 2026

Compiled Tues. 7 April 2026 12:01 am EST by Judy Byington

Mon. 6 April 2026 NESARA (National Economic Security and Recovery Act) and GESARA (Global Economic Security and Recovery Act) are two proposals for economic reform that have been circulating on the internet for quite some time. …Tier4b Martial Law

The main goal of these proposals is to make the world a better place by introducing a bunch of changes to the way we handle money. Some of these changes include:

Eliminating debt: Imagine waking up one day and finding out that all your student loans, credit card debt, and mortgage have vanished into thin air. Sounds like a dream, right? Well, that’s what NESARA and GESARA are proposing.

Introducing a new currency: Say goodbye to the good old US dollar and hello to a shiny new currency backed by gold, silver, or some other precious metal. This would make the value of money more stable and less prone to inflation.

Revamping the tax system: No more complicated tax forms or surprise tax bills! NESARA and GESARA want to simplify the tax system and make it more transparent, so you can finally understand what’s going on with your hard-earned cash.

Helping the little guy: These proposals aim to support small businesses and individuals by giving them access to low-interest loans and other financial assistance.

~~~~~~~~~~~~~~~~~

Mon. 6 April 2026 QFS Information Center: Quantum Financial System and the Tier 4B Internet Group! The World of Currency Revaluation, Redemption Centers and NESARA GESARA Payments! …Tier4b ISO 20022 on Telegram

The Quantum Financial System (QFS) and Tier 4B Internet Group—this is where the future of currency revaluation and redemption centers comes alive. The financial world is on the cusp of a monumental shift, as NESARA and GESARA payments begin to reshape global economics and individual prosperity.

Are you ready for the shift from FIAT to asset-backed currencies? The whispers of Tier 4B and redemption centers are no longer just speculation; they’re about to transform your world.

For those of you who’ve heard about Tier 4B, also known as The Internet Group, you might be wondering if you’re part of this exclusive wave. It’s about intent—if you’ve been involved in foreign currency like the Iraqi Dinar, Vietnamese Dong, or Zimbabwe Zim—you could be part of the revolution. But this isn’t just a group—it’s a wake-up call.

Redemption Centers will soon be summoning those who are part of this currency revaluation. They won’t be mystical places but could be your local bank or even an unassuming office. Once inside, the foreign currencies you’ve held on to will be exchanged for massive wealth.

While many of us are aware and prepared, the general public remains oblivious. But once this hits mainstream news, expect a mad rush to Redemption Centers. The sleepers will wake up too late.

And here’s the kicker—the Quantum Financial System (QFS), rumored to be hack-proof and the future of financial security, is about to wipe out the central banking system. QFS promises to end the FIAT slavery that has controlled nations for too long. What’s more, it will shift the balance of power forever.

And don’t forget about NESARA-GESARA—this treasure has been hidden from the public for decades. These mysterious payments, tied to everything from birth certificates to mortgages, will start filling QFS accounts. You won’t even need a redemption center appointment for this part.

The general public will be left in the dust, but you, the chosen few, will know what’s coming. Prepare now—because the Quantum Financial System is here. Get your hands on foreign currency while you still can.

Read full Post Here:  https://dinarchronicles.com/2026/04/07/restored-republic-via-a-gcr-update-as-of-april-7-2026/

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

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Jeff   The number one thing we're looking to see...April 11th that they hold a parliament session and put the president to vote.  That's what we want to see happen...Let's say they complete the president.  That's one critical step.  The next would be the prime minister.  They could... extend Sudani's and his cabinet's political term.  Completing the entire government Saturday.  That is huge if they do that...You have no idea how significant that is...They're stating April 11th there is no intention to delay to postpone the president under any circumstances.  They're also stating Maliki is most likely out and Sudani is in...

Reset Intelligence  Iraq is not a war-torn backwater. It is one of the most resource-rich territories on earth. 145 billion barrels of proven oil reserves. The fifth-largest proven reserves on the planet. A $17 billion trade corridor under construction connecting the Gulf to Europe - the Development Road project, running from Basra through Iraq to Turkey. Iraq accumulated $40.8 billion in US Treasury bonds in twelve months - a 74% increase from $23.4 billion at the end of 2024. CBI foreign reserves exceed $115 billion. A country does not build that much liquid firepower that fast without knowing what it is about to need it for.

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

€13 BILLION Power Move - France Just Pulled Last Gold Stored In the U.S. Reserves

Lena Petrova:  4-7-2026

*France just made a quiet but powerful financial move—bringing all its gold back home while generating nearly €13 billion in profit.

In this video, we break down how the Banque de France restructured its reserves, why it chose to sell U.S.-held gold and repurchase modern bullion in Europe, and what this means for global finance.

Is this really just an economic decision, or a signal of rising geopolitical tensions and declining trust in foreign institutions?

As countries like Germany and Italy still store gold abroad, France’s strategy could mark the start of a major shift toward financial sovereignty.

Watch to understand how gold, geopolitics, and central bank strategy are reshaping the global monetary order—and why this move could have far-reaching consequences.

https://www.youtube.com/watch?v=i6ZK-bWjob4

Seeds of Wisdom RV and Economics Updates Tuesday Morning 4-7-26

Good Morning Dinar Recaps,

BRICS Gold Surge | Petrodollar Cracks as Bloc Secures 17.4% of Global Reserves

A historic shift toward hard assets signals accelerating de-dollarization

Overview

BRICS nations have crossed a major monetary milestone, now holding over 6,000 tonnes of gold, representing 17.4% of total global central bank reserves—a sharp rise from 11.2% in 2019. This surge comes amid record central bank gold buying, with 1,045 tonnes purchased in 2024 alone, marking the third consecutive year above 1,000 tonnes.

The trend reflects a structural shift away from dollar dominance, as nations increasingly prioritize gold as a neutral reserve asset in response to geopolitical tensions, sanctions, and financial system risks.

Key Developments

1. Russia and China Dominate BRICS Gold Holdings

Russia (2,335+ tonnes) and China (~2,298 tonnes) lead the bloc, with India adding nearly 880 tonnes. Together, Russia and China account for roughly 74% of BRICS gold reserves, reinforcing their central role in shaping the bloc’s monetary strategy.

In just the first nine months of 2025, BRICS nations acquired 663 tonnes (~$91 billion), signaling aggressive accumulation at scale.

2. Central Banks Drive Historic Gold Buying Trend

Global central banks have now purchased over 1,000 tonnes annually for three straight years, reflecting rising demand for inflation hedging and crisis protection.

BRICS nations also control ~50% of global gold production, tightening supply and strengthening their long-term leverage in commodities and reserves.

3. Dollar Dominance Faces Accelerating Pressure

The U.S. dollar’s share of global reserves has fallen to 57.8%, with further declines observed into 2025. A key turning point came after the freezing of $300 billion in Russian reserves in 2022, prompting many nations to reassess reliance on the dollar-based system.

Countries are now actively pursuing reserve diversification strategies, reducing exposure to what is increasingly viewed as a politically influenced financial system.

4. BRICS Launches Gold-Backed Settlement System

In November 2025, BRICS introduced “The Unit”, a digital trade settlement instrument backed 40% by gold and 60% by BRICS currencies. This marks a direct challenge to dollar-based trade settlement, especially in energy markets.

Notably, Saudi Arabia is already settling ~12% of oil trades in yuan, signaling cracks in the petrodollar foundation.

Why It Matters

This shift represents more than diversification—it signals a fundamental rebalancing of global monetary power.

As BRICS nations accumulate gold and develop alternative settlement systems, the traditional dollar-centric model faces increasing competition. Gold’s role as a neutral, apolitical reserve asset is being re-established at the highest levels of global finance.

Why It Matters to Foreign Currency Holders

• Growing gold reserves strengthen currencies tied to hard assets

• Declining dollar share may lead to increased volatility in fiat currencies

• Expansion of non-dollar trade systems reduces global dollar demand

• Investors may shift toward tangible assets and commodities for stability

Implications for the Global Reset

• Pillar 1: Monetary System Transition

The rapid accumulation of gold signals a move toward a multi-asset reserve system, where gold regains prominence alongside currencies. This reduces reliance on any single fiat system.

• Pillar 2: Trade & Settlement Realignment

With the introduction of gold-backed settlement tools, BRICS is building the infrastructure for a parallel financial system, potentially bypassing traditional Western-controlled networks.

Analysis

The scale and consistency of BRICS gold accumulation point to a long-term strategic shift, not a temporary hedge. By combining resource control, reserve diversification, and new settlement mechanisms, the bloc is positioning itself for greater influence in a post-dollar world.

However, the transition is unlikely to be immediate. The dollar still dominates global trade and finance, but its monopoly is weakening at the margins.

If current trends continue, the global system may evolve into a hybrid model, where gold, regional currencies, and digital settlement tools coexist—gradually reshaping how value is stored and exchanged worldwide.

This is not just markets — it’s the foundation of a new monetary era taking shape.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• “BRICS Boosts Gold as Petrodollar Cracks, Holds 17.4% of Global Reserves” — Watcher.Guru

• “Gold Demand Trends & Central Bank Buying Data” — World Gold Council

~~~~~~~~~~   

 A Message to Our Currency Holders

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

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

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

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

That is not your failure.

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

Instead, we focus on:

• Verifiable developments • Institutional evidence

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

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

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

Protect your identity. Organize your documents.    Verify everything.

Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News™

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Iraq Economic News And Points To Ponder Tuesday Morning 4-7-26

Muzhir Muhammad Salih: The Informal Economy Hides 67% Of The Market In Iraq.

Time: 2026/04/06 {Economic: Al-Furat News} Mazhar Muhammad Saleh confirmed today, Monday, that the informal economy in Baghdad and the rest of Iraq’s cities represents a source of livelihood for millions of citizens, but at the same time it hides 67% of the market economy, deprives the state of important resources, and leaves those working in it without legal protection.

 Saleh explained in his interview with Al-Furat News Agency that "this economic, social and legal paradox cannot be addressed through imposing taxes or prosecution, but rather through simplifying the procedures adopted by the government program, such as registration, reducing fees, and providing real incentives such as loans and insurance." 

He pointed out that "the adoption of electronic payment through digital payment applications, with its current resurgence, can enhance transparency and facilitate the integration of this sector into the regulated market economy." 

He explained that "when the formal economy becomes more accessible and beneficial, the informal market will become a supporting force for the economy instead of remaining outside the organized market and the legal framework that protects market activity, including the social protection system and the workers' pension fund." 

He added that "the entire informal economy can then be transformed into a supporting force for the economy, based on governance and transparency, instead of remaining outside the legal framework and social protection." 

https://alforatnews.iq/news/مظهر-محمد-صالح-الاقتصاد-غير-الرسمي-يخفي-67-من-السوق-في-العراق

Expert Warns: The Informal Economy Is Expanding Beyond State Control

Time: 2026/04/06 {Economic: Al-Furat News} Economic expert, Salah Nouri, confirmed that the informal economy in Iraq represents a wide segment of activities that operate outside the control and management of the state. 

Nouri told Al-Furat News Agency that: “The informal economy includes workshops, small projects, shops, and street vendors, and is often not registered with official authorities and is not subject to the tax system.”

He explained that "Western countries adopt high regulatory systems for professions and small projects, where licenses are granted easily and without bureaucratic complications, in exchange for subjecting these activities to taxes and including workers in them in social security systems, which enhances the stability of this sector and its integration into the formal economy."

Nouri added that "the responsibility for regulating this sector in Iraq lies with the Ministry of Labor and Social Affairs in coordination with the Ministry of Trade through granting licenses and activating social security in exchange for tax compliance," noting that "the recent Ministry of Labor law included encouraging benefits, including voluntary social security."

He explained that "the weak demand for these privileges is due to the limited awareness among small business owners and shops, as well as the weak conviction in the feasibility of engaging in the formal economy."

Nouri pointed to the "possibility of supporting this sector by promoting small and medium enterprises," explaining that "the Central Bank of Iraq has previously launched financing initiatives to support these projects through loans based on economic feasibility studies and in coordination with specialized civil society organizations, which contributes to stimulating the economy and reducing the size of the informal sector."https://alforatnews.iq/news/خبير-يحذر-الاقتصاد-غير-الرسمي-يتمدد-خارج-سيطرة-الدولة

An Economist Proposes Practical Solutions For Transitioning From An Oil-Based Economy To A Diversified One

Baghdad Today – Baghdad   On Monday, April 6, 2026, economist Dhurgham Muhammad presented a number of solutions to change the pattern of the Iraqi economy, which is largely based on oil exports as a main source of revenue, calling for a shift towards a diversified economy capable of facing shocks, especially in the energy market and the disturbances that directly affect the state’s general budget.

Mohammed told Baghdad Today, “The main problem in Iraq is that every government operates according to a vision that extends for only four years, i.e., the duration of its term, without any continuity or unified programs between successive governments, as each government sets its own program, and the programs of the previous government are often canceled or marginalized.”

He added that "the large expansion in operational spending has narrowed the space for investment spending, which has negatively affected the activation of investment and development sectors, which requires rearranging economic priorities."

He pointed out that “Iraq is in dire need of establishing a Supreme Council for Strategic Policies, whose mission would be to develop economic reform programs and long-term development plans that extend over several years, provided that this council transcends governments and is not linked to a specific governmental formation, and is subject to judicial supervision that gives it the status of being binding on all successive governments.”

Mohammed added that "it is necessary to reconsider all development sectors and work to move them forward by preparing specialized programs, whether relying on local or international expertise, to revitalize sectors not directly related to the government, including the tourism, agricultural and industrial sectors."

He explained that "among the proposed solutions is the establishment of green investment zones similar to free zones, whose lands are serviced and ready to receive agricultural, industrial and residential investment opportunities, with the adoption of the one-stop shop principle, which contributes to reducing government bureaucracy and creating an attractive environment for investment and revitalizing the Iraqi economy."  https://baghdadtoday.news/296663-.html

Exclusive: Iraq Could Restore Oil Exports To Pre-War Level Within A Week If Hormuz Reopens, Basra Oil Chief Says

By Aref Mohammed   April 6, 2026   BASRA, Iraq, April 6 - Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens, the head of the ‌country’s state-run Basra Oil Company said. 

Among Gulf oil producers, Iraq has suffered the biggest drop in oil revenue as a result of the effective closure of the Strait, a Reuters analysis has found, because it lacks alternative shipment routes. 

But the country, the second biggest producer in the Organization of the Petroleum Exporting Countries, can quickly restore output to levels before U.S.-Israeli attacks on Iran at the end of February led to the effective closure of the waterway. The Strait typically is the route for about a fifth of global oil and LNG flows. 

Bassem Abdul Karim said Iran ⁠has so far provided only verbal guarantees that would allow Iraqi tankers permission to transit the Strait. 

“We have not received any formal documents regarding permission for Iraqi tankers to pass,” he said in an interview with Reuters. 

He said production from Iraq's southern oilfields was around 900,000 barrels per day, but if the war ends and safe passage through the Strait is guaranteed exports could reach 3.4 million bpd within a week. 

U.S. President Donald Trump has threatened to rain "xxxx" on Tehran unless it makes a deal by the end of Tuesday that would allow traffic to move through the Strait of Hormuz. 

Last month, Iraq’s oil production dropped by about 80% to around 800,000 barrels per day, Iraqi energy officials told Reuters last month as the war meant Iraq could not export and storage tanks filled. 

With limited outlets for Iraqi oil, production from the Rumaila field fell to around 400,000 bpd, down from about 1.35 million bpd before the conflict, and at the Zubair field the ‌level was ⁠about 300,000 bpd, down 340,000 bpd before the war, Abdul Karim said. 

Several smaller fields are being operated at limited levels to ensure continued production of associated gas, used in domestic power generation, while shutdowns at other sites have been used as an opportunity to carry out maintenance work, he added. 

Production from Iraq's fields was around 4.3 million bpd before the war, which should leave enough leeway to export 3.4 million bpd even allowing for war-related damage. 

Gas output from fields in Basra has dropped to around 700 million standard cubic feet per ⁠day, compared with about 1.1 billion standard cubic feet mscf per day before the war, largely because of the reduced oil production, Abdul Karim said. 

To supply domestic demand, BOC is sending around 400,000 bpd of crude to northern Iraq. That includes about 150,000 bpd by truck and roughly 250,000 bpd via a domestic pipeline, to supply refineries that have ⁠demand of around 500,000 bpd. 

Production from the northern Kirkuk fields is roughly 380,000 barrels per day, Abdul Karim said. 

Asked about the impact of drone attacks, Abdul Karim said strikes on oil facilities had caused “major losses to the continuity of production and oil operations,” adding that both foreign and Iraqi service companies had been targeted. 

A two‑drone ⁠attack that targeted the Rumaila oilfield on Saturday wounded three Iraqi workers, security and energy sources told Reuters. 

Abdul Karim said the attack on the northern part of the Rumaila field hit sites used by U.S. oilfield services companies Schlumberger and Baker Hughes, causing a fire that was later brought under control. 

Neither Schlumberger nor Baker Hughes immediately responded to requests for comment.

https://www.reuters.com/business/energy/iraq-could-restore-oil-exports-pre-war-level-within-week-if-hormuz-reopens-basra-2026-04-06/

A Representative Of The Framework: The Session To Elect The President Will Proceed Without Postponement, And Salaries Are Secured For Two Months

Time: 2026/04/05    {Politics: Al-Furat News} MP Ahmed Al-Moussawi, from the Sadiqun bloc, confirmed that the session to elect the President of the Republic scheduled for next Saturday will proceed without postponement, while noting that salaries are secured for two months despite the financial challenges.

 Al-Moussawi said, during his appearance on the “On the Ruler” program on Al-Furat satellite channel, that “the session to elect the President of the Republic next Saturday will definitely proceed and there will be no postponement,” indicating that “all factors point to the failure of the United States in its war on Iran.”

He added, "The cost of war is high for the Islamic Republic and the entire region; but it is a war that was imposed and must be fought," noting that "the United States does not respect the sovereignty of Iraq, and the Iraqi government is working with all its capabilities to prevent the targeting of diplomatic missions."

Al-Moussawi explained that "the United States, according to the strategic agreement, is obligated to protect Iraq's airspace; however, it violates sovereignty and targets security headquarters," noting that "the Iraqi government is in a very embarrassing position, as it wants to support the Islamic Republic."

He explained that “linking the Iraqi file and the formation of the government to the war on Iran is an unjustified position, and there must be a fully empowered government. What is happening in the region is a clear war, but it is an internal matter,” stressing that “Iraq must be its own master and the decision-maker.”

Al-Moussawi pointed out that “April 11 is the date of the session to elect the President of the Republic, and the quorum will be achieved according to the signatures of the deputies that were collected, which amounted to 230 signatures, with the possibility of the Democratic Party deputies not attending,” noting that “most of the forces of the framework are going to vote in favor of the Patriotic Union candidate.”

Regarding the premiership, Al-Moussawi said, “The coordination framework is not with Nouri al-Maliki or Mohammed Shia al-Sudani, but rather it has established mechanisms for selecting candidates based on national acceptance, non-controversial nature, and acceptance by the religious authority and the international community.

” He emphasized, “Our position is firm with the framework’s decision to proceed with voting on the prime minister candidate, regardless of whether or not we participate in the government.”

He added that "Iraq cannot afford to remain without a fully empowered government," explaining that "Sheikh Khazali did not attend the recent framework meetings due to security concerns."

Al-Moussawi concluded by saying that "the financial situation in Iraq is not easy, as it depends on oil, and there is a real crisis after the delay in oil exports for two weeks, and this requires decisions and powers," noting that "the government has reassured that salaries can be secured for two months, but amid difficulty in completing them and delivering them to employees."   Wafaa Al-Fatlawi https://alforatnews.iq/news/نائب-عن-الإطار-جلسة-انتخاب-رئيس-الجمهورية-ستمضي-دون-تأجيل-والرواتب-مؤمنة-لشهرين

Some “Iraq News” Posted by Tishwash at TNT 4-7-2026

TNT:

Tishwash:  2025 statistics: Iraq ranks second in the Arab world in terms of reliance on "cash"

Iraq continues to rely heavily on "cash payments" in daily transactions for the year 2025, ranking highly among Arab countries according to forex.se.

Iraq’s reliance on cash, at a rate of up to 85%, reflects the slow pace of the shift towards electronic payments compared to some countries in the region, according to the Swedish website specializing in currency exchange and travel services.

According to the website's data, Lebanon tops the list with 90%, followed by Iraq with 85%, then Egypt and Jordan with 80% each, Morocco with 65%, Tunisia with 55%, Oman with 50%, while Kuwait and Saudi Arabia have 30%, Qatar has 25%, and finally Bahrain and the UAE have 20% each.  link

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

Tishwash:  In a detailed report, the International Monetary Fund ranks Iraq's economy both regionally and globally.

The International Monetary Fund announced on Monday that Iraq will be the fifth largest Arab economy in 2026, while predicting continued growth in the Iraqi economy by 2030.

The report stated that "data showed Iraq ranking fifth among Arab economies in 2026, based on purchasing power parity (PPP) GDP, with a value of $739.13 billion, placing it 44th globally."

According to the report, the top five Arab economies were ranked as follows: Saudi Arabia led the Arab world (16th globally), followed by Egypt in second place (18th globally), the United Arab Emirates in third, Algeria in fourth, and Iraq in fifth.

The report also noted that "globally, three superpowers maintained their leading positions; China ranked first with $43.5 trillion, followed by the United States in second place with $31.8 trillion, and India in third place with $19.1 trillion."

According to detailed official indicators for Iraq, nominal GDP at current prices reached $273.91 billion, with a real growth rate of 3.6%.

Per capita GDP (PPP) stood at $15,850, while the population reached 46.64 million.

Regarding monetary and fiscal stability, the report noted that "the annual inflation rate remained stable at 2.5%, net public lending/borrowing was -7.1%, and the current account deficit was 1.1%."The IMF concluded its report with projections indicating that "the Iraqi economy will continue to grow by 2030."  link

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Tishwash:  Muzhir Muhammad Salih: The informal economy hides 67% of the market in Iraq.

 Mazhar Muhammad Saleh confirmed today, Monday, that the informal economy in Baghdad and the rest of Iraq’s cities represents a source of livelihood for millions of citizens, but at the same time it hides 67% of the market economy, deprives the state of important resources, and leaves those working in it without legal protection.

Saleh explained in his interview with Al-Furat News Agency that "this economic, social and legal paradox cannot be addressed through imposing taxes or prosecution, but rather through simplifying the procedures adopted by the government program, such as registration, reducing fees, and providing real incentives such as loans and insurance." 

He pointed out that "the adoption of electronic payment through digital payment applications, with its current resurgence, can enhance transparency and facilitate the integration of this sector into the regulated market economy." 

He explained that "when the formal economy becomes more accessible and beneficial, the informal market will become a supporting force for the economy instead of remaining outside the organized market and the legal framework that protects market activity, including the social protection system and the workers' pension fund." 

He added that "the entire informal economy can then be transformed into a supporting force for the economy, based on governance and transparency, instead of remaining outside the legal framework and social protection." link

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

Tishwash:  The Security Council will vote today on a watered-down resolution regarding the Strait of Hormuz.

 The UN Security Council will vote on Tuesday (April 7, 2026) on a watered-down draft resolution to secure navigation in the Strait of Hormuz, following extensive amendments to avoid a veto, and hours before the expiration of US President Donald Trump's deadline for Iran.

 The vote on the new text comes after a series of postponements, the latest of which was last Friday, amid disagreements between the permanent member states, especially with Russia and China.

 According to Agence France-Presse, the first version of the project, which Bahrain pushed forward with Gulf support two weeks ago, included an explicit mandate to use force to secure navigation in the strait.

 However, this clause was gradually dropped during the negotiations, to be replaced by a watered-down version calling for "coordination of efforts of a defensive nature," including escorting commercial vessels, without granting a direct military mandate.

 The current version condemns the Iranian attacks on ships and demands that Tehran "immediately cease" any actions that impede freedom of navigation, while affirming the Council's readiness to consider additional measures against those who threaten this vital waterway.

 The project also stipulates a follow-up mechanism, through a request for an initial report from the Secretary-General of the United Nations within 7 days, followed by monthly reports to monitor any developments or attacks in the region.

 The decision applies only to the Strait of Hormuz, with an emphasis on adherence to international law and the United Nations Convention on the Law of the Sea.

 This move comes at a sensitive time, as the vote coincides with a deadline set by Trump for Iran that ends at dawn on Wednesday, threatening harsh measures if the strait is not reopened. link

MilitiaMan and Crew: IRAQ DINAR UPDATE-Exchange rate Stability-Parliament confirms Session-Presidency-ASYCUDA-Unity

MilitiaMan and Crew: IRAQ DINAR UPDATE-Exchange rate Stability-Parliament confirms Session-Presidency-ASYCUDA-Unity

4-6-2026

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

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