News, Rumors and Opinions Tuesday 5-26-2026
KTFA:
Clare: Tartus port exports its first "transit" sulfur shipment from Iraq
5/26/2026 Damascus - Al-Sa'a Network
On Tuesday, the port of Tartus witnessed the export of the first "transit" sulfur ship loaded with about 10,000 tons, coming from Iraq via Jordan, in a step that reflects the growing transit movement through Syrian ports.
The port authority stated in a statement followed by Al-Sa’a Network that “this shipment is the first of its kind for Iraqi sulfur to arrive via Jordan at the port of Tartus in preparation for exporting it by sea, which demonstrates the growing confidence in the port as a pivotal logistics center on the Mediterranean.”
The statement added that "the total quantity planned for export through the port is about one million tons, which will contribute to enhancing trade activity and regional transit traffic during the coming period." LINK
Clare: Government advisor: Joining the International Maritime Organization agreement enhances investor confidence in Iraqi ports.
5/26/2026 Baghdad (INA) – Amna Al-Salami –
The Prime Minister's Financial Advisor, Mazhar Muhammad Saleh, affirmed on Tuesday that Iraq's accession to the Convention Establishing the International Maritime Aid Organization (IMAO) enhances investor confidence in Iraqi ports and reduces transportation costs. He pointed out that joining the international organization supports the development of the Faw Port and the diversification of the Iraqi economy.
Saleh told the Iraqi News Agency (INA) that "this accession is not merely a technical or regulatory procedure, but carries significant economic and strategic dimensions that will contribute to modernizing the Iraqi maritime navigation system and raising the efficiency of port and waterway management according to modern international standards. This complements the Faw Port strategy and its importance in the future economic geography of Iraq with the world."
He added that "joining the ICC will contribute to enhancing maritime safety, reducing risks and accidents, and improving the movement of commercial vessels in Iraqi ports, which will positively impact the flow of trade and reduce transportation costs and delays." He pointed out that "adopting international standards for pilotage and navigational aids will increase the confidence of international shipping and investment companies in Iraqi ports, giving Iraq a greater opportunity to attract logistical and commercial investments, especially with the major strategic projects Iraq is working on, most notably the Development Road project."
Saleh explained that "developing the maritime and port sector will contribute to boosting non-oil revenues by increasing port fees, logistics services, and maritime transport, thus supporting the state's drive towards economic diversification and reducing dependence on rentier resources." He indicated that "joining the ICC allows Iraq to benefit from international expertise and technical training and development programs, which will help build specialized national cadres capable of managing a modern and advanced maritime sector."
He emphasized that "this step represents a positive indicator of Iraq's move towards openness with specialized international institutions and organizations and working to build advanced maritime infrastructure that keeps pace with the requirements of the global economy and international trade."
He explained that the International Association of Lighthouse Authorities (IALA) was founded in 1957 as a non-governmental technical organization concerned with developing pilotage and navigational aid systems and standardizing maritime safety standards worldwide, before officially becoming an intergovernmental organization on August 22, 2024, following the entry into force of its convention.
The Cabinet had previously approved a draft law for Iraq's accession to the Convention Establishing the International Association of Lighthouse Authorities and referred it to the Council of Representatives. LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram The Development Road Project... which is the transportation corridor that will carry cargo and people from the Grand Port of Fa in southern Iraq near Basra to the Turkish border...will reduce unemployment, improve finances and will provide a consistent $4+ billion in annual revenue. It will automatically boost Iraq's GDP.Will this change the IQD exchange rate? Will there be a currency adjustment? Probably...This new corridor will...connect the Gulf states, Turkey and Europe. This is major.
Jeff Does Iraq have to have a fully completed formed cabinet to change the rate? Possibly. It could be perceived as a level of stability in this.
Reset Intelligence $1B to $3B a year. That's the fuel-oil smuggling economy built on top of the missing HCL. PMF brigades control 70+ oil fields across Nineveh and Salah al-Din. Iranian crude laundered as Iraqi product, sold into Asian markets...Petraeus walked into [Baghdad] 10 days ago with a plan to force the HCL that has been stuck in parliament for 19 years...It does not wait through June...Things are definitely heating up.
Militia Man We're watching history unfold...Over the last 24 hours Iraq has shown remarkable web of coordinated progress... There are a lot of things taking place...It isn't just about Iraq but yet it is about Iraq...Al-Zaidi is not waiting around. He's been executing with a purpose... The convergences we've followed for years are no longer separate threads ...We're in one of the most exciting and important windows I think we've ever seen.
The New Fed Chair's Plan To Reset The Entire Money System — Nobody Is Talking About This!
5-25-2026
The New Fed Chair's Plan To Reset The Entire Money System — Nobody Is Talking About This! New Fed Chair Kevin Warsh, confirmed 54-45 on May 13, 2026, holds a plan never attempted in modern monetary history.
The Federal Reserve balance sheet sits at $6.5 trillion — more than seven times its $900 billion pre-2008 level. Warsh wants to run quantitative tightening — shrinking that $6.5 trillion aggressively — while simultaneously cutting interest rates.
This combination, called QT-for-Cuts, has never been tried by any Fed Chair before. His first FOMC meeting falls on June 16th, 2026.
The vote was 8-4, the most divided in Federal Reserve history. CME FedWatch shows 62% odds of zero cuts in all of 2026. Rate hike odds sit at 39%.
Fiscal Frontier breaks down exactly what Warsh's unprecedented money system reset means for your mortgage, savings, 401k, and the US dollar globally.