DINARRECAPS8 5/4/26 DINARRECAPS8 5/4/26

Seeds of Wisdom RV and Economics Updates Monday Afternoon 5-4-26

Good Afternoon Dinar Recaps,

Hormuz Showdown Escalates: U.S.–Iran Standoff Threatens Global Energy and Trade Stability

Naval operations, rising tensions with China, and a tightening Strait of Hormuz are pushing the global financial system toward heightened risk

Good Afternoon Dinar Recaps,

Hormuz Showdown Escalates: U.S.–Iran Standoff Threatens Global Energy and Trade Stability

Naval operations, rising tensions with China, and a tightening Strait of Hormuz are pushing the global financial system toward heightened risk

OVERVIEW (KEY POINTS)

The U.S.–Iran conflict has entered a more dangerous phase as military threats, naval operations, and geopolitical tensions converge around the Strait of Hormuz, a critical global energy chokepoint.

This escalation is happening now following the U.S. launch of “Project Freedom”, aimed at guiding stranded ships, while Iran warns it will attack any foreign military presence in the strait.

Key players include the United States, Iran, China, and regional allies, all navigating a rapidly evolving situation with direct implications for oil supply and global trade routes.

The broader implication is significant: control over energy flows is becoming a central lever of geopolitical power, increasing systemic stress across global financial markets.

KEY DEVELOPMENTS

1. U.S. Launches “Project Freedom” Naval Operation

The U.S. is taking direct action in the strait.

Operation designed to escort and guide stranded commercial vessels
Framed as a humanitarian effort but signals increased military involvement

2. Iran Issues Direct Military Threats

Tensions are escalating rapidly.

Iran warns it will attack U.S. forces entering the Strait of Hormuz
Declares foreign interference a violation of ceasefire conditions

3. Strait of Hormuz Effectively Under Iranian Control

A critical global chokepoint is restricted.

Roughly 20% of global oil and LNG flows impacted
Shipping disruptions creating global supply uncertainty

4. U.S. Pressures China Over Iran Ties

Geopolitical stakes expand beyond the region.

U.S. accuses China of financially supporting Iran
Calls on Beijing to intervene diplomatically and help reopen trade routes

5. Global Energy and Trade Systems Strained

Economic consequences are building.

Oil prices remain elevated despite intervention efforts
Shipping delays and rerouting increasing costs across global supply chains

WHY IT MATTERS

This situation highlights a critical reality: energy chokepoints like Hormuz are central to global financial stability.

Markets are reacting to the risk of prolonged disruption, with volatility spreading across energy, shipping, and currency markets.

For policymakers, the escalation complicates efforts to manage inflation and growth, as higher energy costs feed directly into global price pressures.

At the system level, this underscores a deeper shift: geopolitical control over trade routes is increasingly influencing financial outcomes.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

Oil price spikes weaken import-dependent currencies
Inflation reduces purchasing power globally
Safe-haven currencies may strengthen amid uncertainty
Exchange rate volatility increases with geopolitical risk

IMPLICATIONS FOR THE GLOBAL RESET

Pillar 1: Energy Control Reshapes Financial Power

Control of key supply routes like Hormuz is becoming a primary driver of economic and monetary influence.

Pillar 2: Geopolitical Fragmentation Accelerates

Rising tensions between major powers signal a move toward a more divided and multipolar financial system.

CONCLUSION

The escalation in the Strait of Hormuz marks a critical inflection point in the global financial landscape.

As military operations expand and diplomatic tensions rise, the risks extend far beyond the region, impacting energy markets, trade flows, and financial stability.

This is not just a regional conflict—it is a reflection of how geopolitics is reshaping the foundations of global finance.

When energy routes become battlegrounds, the global financial system feels the shockwaves.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

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

DINARRECAPS8 5/4/26 DINARRECAPS8 5/4/26

Iraq Economic News and Points To Ponder Monday Afternoon 5-4-26

Iran War: What’s Happening On Day 66 As Trump Announces Hormuz Mission?

EXPLAINER News US-Israel war on Iran Trump orders new Hormuz mission after Iran says it receives US response to its peace proposal by Al Jazeera Staff and Reuters Published On 4 May 20 26

United States President Donald Trump has announced a naval mission called Project Freedom to help navigate stranded ships through the Strait of Hormuz, which remains under a de facto Iranian blockade. The operation will start on Monday, the US president says.

Iran War: What’s Happening On Day 66 As Trump Announces Hormuz Mission?

EXPLAINER News US-Israel war on Iran Trump orders new Hormuz mission after Iran says it receives US response to its peace proposal by Al Jazeera Staff and Reuters Published On 4 May 20 26

Iran took control of the Strait of Hormuz, through which one-fifth of global oil and liquefied natural gas supplies pass, days after the US and Israel launched attacks on Iran on February 28.

Despite Trump’s announcement, oil prices have failed to ease as the international benchmark Brent crude was essentially flat on Monday morning.

In response to Trump, top Iranian lawmaker Ebrahim Azizi said any US interference in the strait would be considered a violation of the ceasefire.

Here is what we know as the conflict enters day 66:

In Iran

Responding to Trump’s new naval operation, Iran’s military said on Monday: “Any foreign armed force, especially the aggressive US Army, will be attacked if they attempt to approach and enter the Strait of Hormuz.”
On Sunday, Iran said it received a US response to its latest offer for peace talks after Trump called Tehran’s proposal “unacceptable”.
Iranian Ministry of Foreign Affairs spokesperson Esmaeil Baghaei said on Monday that US allies in the region are aware the US-Israeli war on Iran is not legal but rather a “unilateral step” that goes against international law.

Diplomacy

Pakistani Foreign Minister Mohammad Ishaq Dar and his Iranian counterpart, Abbas Araghchi, have discussed the “regional situation” and “Pakistan’s ongoing diplomatic efforts for peace and stability in the region” in a phone call, Pakistan’s Ministry of Foreign Affairs said in a statement on social media..
After Trump accused NATO allies of not doing enough to support the US in the war on Iran, NATO Secretary-General Mark Rutte said on Monday that European nations have “gotten the message” and are now ensuring that agreements on the use of military bases are being implemented.
The leaders of Australia and Japan have agreed to step up cooperation on energy and critical minerals as the Iran war disrupts global trade.

In the US

Talking about his latest mission for the Strait of Hormuz, Trump said the US would start helping to free ships stranded in the Gulf by the US-Israeli war on Iran. Trump gave few details of the plan to aid ships and their crews that have been “locked up” in the vital waterway and are running low on food and other supplies more than two months after the conflict began.
The unified command of Iran’s armed forces responded by warning US forces to stay out of the strait. Its forces would “respond harshly” to any threat, it added, telling commercial ships and oil tankers to refrain from any movement in the absence of coordination with Iran’s military.
The US has evacuated 22 crew members held on board an Iranian container vessel to Pakistan and will hand them over to Iranian authorities on Monday, Pakistan’s Ministry of Foreign Affairs said, calling the move a “confidence-building measure”.
The United Kingdom Maritime Trade Operations (UKMTO) says the maritime security threat level in the Strait of Hormuz remains critical due to ongoing military operations.

In Lebanon

Israel has attacked at least eight locations in southern Lebanon. Our colleagues at Al Jazeera Arabic are reporting Israel attacked Debaal, Qana, Srifa and Qalaouiyah as well as Zawtar al-Sharqiya, Toulin, Shehour and Braachit. The attacks came after the Israeli military ordered residents to flee from their homes.
According to Lebanon’s National News Agency (NNA), Israeli forces also dropped flares over Braachit overnight and shelled the outskirts of the towns of Safad El Battikh, Yater, Majdel Selm and Chaitiyeh.

https://www.aljazeera.com/news/2026/5/4/iran-war-whats-happening-on-day-66-as-trump-announces-hormuz-mission

KRG Interior Ministry Bans Cryptocurrency Trading, Warns Of Legal Action

ERBIL (Kurdistan24) - The Kurdistan Region's Ministry of Interior of the issued a directive on Sunday prohibiting citizens and commercial entities from engaging in digital currency transactions and electronic financial speculation.

The KRG Interior Ministry said that these activities are legally forbidden, warning that immediate enforcement actions will be taken against violators operating within the region.

The ban formalizes the regional administration's stance against digital assets and speculative trading platforms.

According to the ministry statement, electronic currencies, including stablecoins such as USDT, and the broader "Forex" trading market lack any recognized legal framework or officially licensed companies in the Kurdistan Region and across Iraq.

The ministry emphasized that the decision was coordinated with national regulatory policies and aligns directly with the directives of the Central Bank of Iraq (CBI) and the KRG Ministry of Finance.

The regulatory crackdown includes strict enforcement measures.

According to the statement, authorities will begin identifying and closing any headquarters or offices that practice these activities under the guise of legitimate "companies," and individuals responsible will be referred to the judiciary for prosecution.

The KRG Interior Ministry also urged citizens to avoid these transactions to safeguard their savings and called on individuals who have already lost funds to pursue available legal avenues to reclaim their assets.

Regulatory Rationale

The decision to ban cryptocurrency trading is fundamentally rooted in consumer protection and financial security.

The KRG Interior Ministry noted that the absence of an official framework leaves those who engage in digital currency speculation entirely unprotected from market volatility and fraud.

This regional action mirrors long-standing national anxieties regarding digital assets.

According to Kurdistan24 investigations, Iraq's opposition to cryptocurrencies stems from its fears of unregulated digital currencies posing serious risks to both Iraq's financial system and its national security.

The CBI has consistently cited extreme volatility, the absence of regulatory safeguards, and the potential for criminal exploitation as the primary reasons for maintaining a prohibition on digital assets.

These concerns are amplified by the decentralized nature of the crypto market.

In a report by Al Jazeera journalist Fares al-Khayyam, Mudher Mohammad Saleh, the economic advisor to the Iraqi Prime Minister, emphasized that cryptocurrencies are absolutely prohibited in Iraq because their privacy and decentralization create opportunities for illicit activities.

According to Al Jazeera, Saleh highlighted that the lack of oversight by a central bank or monetary authority makes these digital currencies a tool for money laundering and a mechanism utilized by dangerous organizations.

Iraq's Broader Policy on Cryptocurrencies

The KRG Interior Ministry's ban is the latest enforcement action within a nearly decade-long national policy in Iraq.
The the foundation of Iraq's stance dates back to Dec. 2017, when the CBI issued a formal warning prohibiting banks, financial institutions, and currency traders from dealing in cryptocurrencies.

The CBI warned that traders engaging in crypto transactions would face penalties under the country's Anti-Money Laundering and Terrorist Financing Law.

The Iraqi banking sector has actively enforced this prohibition.

According to the report by the Trade Bank of Iraq, acting on CBI directives, instructed all banks and payment providers to block the use of electronic cards and digital wallets for speculation or trading in any form of digital currency.

Iraq's national policy is also driven by macroeconomic considerations.

Al Jazeera reported that Mustafa Hantoosh, a researcher specializing in financial and banking affairs, ruled out the utility of cryptocurrencies for Iraq's economic development.

According to Al Jazeera, Hantoosh noted that Iraq's economy is structurally dependent on oil exports priced in dollars, and the country does not require decentralized digital currencies to bypass sanctions or facilitate international trade.

Furthermore, Hantoosh warned that introducing cryptocurrencies into the Iraqi market would likely facilitate massive speculation and money laundering rather than foster legitimate economic growth.

While the ban on private cryptocurrencies remains total, the Iraqi government is not entirely opposed to digital finance.

The background report stated that the CBI is actively developing a state-issued central bank digital currency (CBDC), known as the digital dinar.

This controlled digital currency aims to modernize the national payments system, reduce cash leakage, and combat money laundering while strictly preserving the oversight of the central bank. https://www.kurdistan24.net/en/story/911806

UAE Expands Financial And Strategic Reforms Amid Regional Tensions And Energy Realignment

Currency swap talks with the U.S., aviation recovery efforts, and a post-OPEC strategy highlight Abu Dhabi’s push to reshape its economic and security posture

ERBIL (Kurdistan24) — The United Arab Emirates is simultaneously navigating financial diplomacy, post-conflict economic recovery, and a sweeping restructuring of its energy strategy as it responds to the broader geopolitical and economic consequences of recent regional tensions.

The UAE’s Minister of Foreign Trade, Thani Al Zeyoudi, confirmed on Monday that Abu Dhabi is in ongoing discussions with Washington over a potential currency swap line with the United States, while firmly rejecting suggestions that the move represents a bailout request.

Such arrangements, typically established between central banks, allow for the temporary exchange of currencies—primarily to provide access to U.S. dollar liquidity during periods of market stress—and are widely viewed as precautionary tools to support financial stability rather than emergency aid.

Speaking at the “Make it in the Emirates” conference in Abu Dhabi, Al Zeyoudi said the arrangement remains “under discussion,” stressing that the UAE’s objective is to join an “elite group” of countries with similar financial agreements with the U.S. He denied any financial distress motive behind the request.

Last month, however, the Wall Street Journal reported, citing U.S. officials, that the UAE had sought such a facility as a financial safeguard in the event that regional conflict further strains its economy.

The financial discussions come as the UAE continues to recover from significant disruption to its aviation sector. The Dubai Media Office reported on Monday that passenger traffic at Dubai International Airport fell by 66 percent in March, following regional instability and attacks attributed to Iranian retaliation during the Middle East conflict.

The airport, which is typically the world’s busiest for international travel, handled 2.5 million passengers during the period. Authorities said airspace restrictions and disrupted flight schedules severely constrained operations, though conditions have since begun to stabilize.

“With airspace within the UAE now fully restored, Dubai Airports is moving decisively to scale up operations,” the statement said, noting that recovery efforts are underway to restore flight capacity across regional routes.

Dubai Airports CEO Paul Griffiths described the recent downturn as “unprecedented for any major airport hub,” adding that quarterly traffic still fell 21 percent in early 2026 compared to the previous year.

Alongside financial and aviation pressures, the UAE is also undergoing a major shift in its long-term energy policy. The country’s oil chief confirmed that Abu Dhabi’s recent decision to exit OPEC was part of a broader strategy to future-proof the economy rather than a political move targeting any state or bloc.

Sultan Al Jaber said the withdrawal from OPEC and OPEC+ reflects a sovereign decision aligned with the UAE’s industrial and technological ambitions, aimed at accelerating diversification beyond fossil fuels.

“This move was not done in isolation,” Al Jaber said, describing it as part of a broader national effort to integrate energy, technology, and industrial development.

The UAE had long expressed frustration over production limits imposed by OPEC, particularly as it seeks to expand capacity to five million barrels per day by 2027, significantly above current quotas.

The decision also comes amid shifting regional dynamics and strained relations with Saudi Arabia, the de facto leader of OPEC, following disagreements over energy policy and Middle East conflicts.

Despite the geopolitical implications, officials emphasized that the UAE’s exit was conducted on amicable terms. Energy Minister Suhail Al Mazrouei said the decision was made “on good terms,” underscoring that it serves long-term national economic interests.

Meanwhile, Abu Dhabi is also accelerating investments in defense and domestic security technology. Officials from the Emirati defense conglomerate EDGE Group said the country is increasingly self-reliant in electronic warfare systems, including drone jamming capabilities used during recent attacks.

Faisal Al Bannai, adviser to the UAE president and chairman of EDGE Group, said the country now produces the majority of its defensive jamming systems domestically and aims to achieve full local production of air defense capabilities in the coming years.

As the UAE recalibrates its economic, financial, and security posture, the convergence of external pressures and internal reforms highlights a broader strategy aimed at strengthening resilience while reducing dependence on traditional geopolitical and energy frameworks.

https://www.kurdistan24.net/en/story/911994/uae-expands-financial-and-strategic-reforms-amid-regional-tensions-and-energy-realignment

Dinar Recaps 20 5/4/26 Dinar Recaps 20 5/4/26

News, Rumors and Opinions Monday 5-4-2026

Dinar Recaps Note:

It has always been our policy to never post political or controversial topics. We were told that our server and posting host would/could cancel us if we did. So, we only share RV or financial related information.

Our goal is be around for the final RV and share what exchange information for our readers that we are allowed. If we are canceled…..we would not be here to do this.

So if any intel providers are political or controversial – we will not post their information for our own protection. Thanks for understanding. Sincerely Dinar Recaps

Dinar Recaps Note:

Our goal is be around for the final RV and share what exchange information for our readers that we are allowed. If we are canceled…..we would not be here to do this.

So if any intel providers are political or controversial – we will not post their information for our own protection. Thanks for understanding. Sincerely Dinar Recaps

Ariel: The Time is almost Upon us

5-4-2026

Iraqi President? Done!

The War With Iran? Done!

Iraqi Prime Minister? Done!

Congrats from POTUS? Done!

KDP & PUK confirm unity? Done!

Gold Backing Demanded by IMF? Done!

Oil Revenue Flow Secured? Done!

Shiite Framework Purged? Done!

Militia Skim Networks Starved? Done!

UAE OPEC Exit Signal Sent? Done!

Militias Hand Over There Weapons? Done!

Iraqi Finance Minister? Pending…

Clarity Act? Pending…..

~Looking Outside The Window

Source(s):
• https://x.com/Prolotario1/status/2051153669077250383

https://dinarchronicles.com/2026/05/04/prolotario-the-time-is-almost-upon-us/

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

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

Frank26 There's no other way in the world that the CBI would again be receiving American dollars right now if we did not have the guarantee of a new exchange rate. IMO that is the strongest proof ever...

Reset Intelligence No confirmed PM, no HCL shepherd. No HCL, no rate, no RV...Iraq is assembling the political end. The US is assembling the financial end. Cabinet by May 27 unlocks HCL. HCL unlocks the rate. The rate clears into the US plumbing finishing in May. The CBI's "working in silence" posture is reserves-protection, the same posture al-Alaq ran in 2014 when the room got tight, which says the bank is preparing the balance sheet for whatever the cabinet ratifies.

Militia Man Al-Zaidi’s success depends on how he balances...competing interests and sets clear priorities. The US support is real but conditional, as Washington is watching closely for progress on stability, economic reforms, and limiting militia influence. I see this as...a test of whether al-Zaidi can turn political deals into an actual functioning government. US support is helpful for stability right now, but it comes with expectations. Al-Zaidi has a tough balancing act ahead of him. The political side remains messy, but the foundational economic and infrastructure work keeps moving on.

Venezuela Currency Crisis Investment Options: Breaking News

Edu Matrix: 5-4-2026

Venezuela Currency Crisis Investment Options: Breaking News. Venezuela's currency crisis and inflation are worsening in 2026, and investors are asking one key question: What are the best investment options right now?

In this update, we break down the collapse of Venezuela's currency, the weakening bolivar, rising inflation, and what it means for your money.

As the Venezuelan economy struggles with hyperinflation and limited access to U.S. dollars, many are turning to alternative investment options like gold, cryptocurrency, and foreign currencies.

This video explains the real risks and opportunities inside the Venezuela financial crisis, and how global investors are reacting. If you are following currency markets, emerging markets, or looking for ways to protect your wealth during economic instability, this report will help you understand what’s happening in Venezuela and what could come next.

Stay informed on global currency trends, inflation risks, and investment strategies by subscribing to the channel.

https://www.youtube.com/watch?v=auD-bf1yFfw

DINARRECAPS8 5/4/26 DINARRECAPS8 5/4/26

Seeds of Wisdom RV and Economics Updates Monday Morning 5-4-26

Good Morning Dinar Recaps,

Oil Shock Triggers Global Policy Shift: Central Banks Turn Hawkish as Financial Stress Builds

Surging energy prices and escalating geopolitical tensions are forcing a global rethink of monetary policy, currencies, and economic stability

Good Morning Dinar Recaps,

Oil Shock Triggers Global Policy Shift: Central Banks Turn Hawkish as Financial Stress Builds

Surging energy prices and escalating geopolitical tensions are forcing a global rethink of monetary policy, currencies, and economic stability

OVERVIEW (KEY POINTS)

Global financial markets are entering a new phase of stress as oil prices surge sharply due to escalating tensions in the Strait of Hormuz, a critical global energy chokepoint.

This is happening now after reports of military confrontation risks pushed oil above $110+ per barrel, triggering immediate reactions across currencies, bonds, and equities.

Key players include major central banks, energy markets, and global investors now adjusting to a reality of persistent inflation and prolonged high interest rates.

The broader implication is clear: energy-driven inflation is forcing a global policy shift that could reshape the financial system’s foundation.

KEY DEVELOPMENTS

1. Oil Prices Spike on Escalation Risk

Energy markets are reacting instantly.

Brent crude jumped over 5% in a single move amid military tensions
Supply fears tied to disruptions in the Strait of Hormuz, a key global oil route

2. Central Banks Shift Toward “Higher for Longer”

Policy expectations are changing rapidly.

Major institutions now expect no U.S. rate cuts through 2026
Global central banks signaling continued tightening or delayed easing

3. Inflation Pressures Reignite Globally

Energy is driving the next inflation wave.

Oil shocks feeding into transport, food, and manufacturing costs
Policymakers warning of second-round inflation effects

4. Currency Markets React to Energy Imbalance

Foreign exchange volatility is rising.

U.S. dollar strengthening as a safe haven amid uncertainty
Oil-importing nations seeing currency pressure and capital outflows

5. Growth Risks Increase as Costs Surge

Economic outlook is weakening.

Higher energy prices acting as a tax on global growth
Central banks facing the risk of stagflation conditions

WHY IT MATTERS

This moment highlights a critical turning point: energy markets are now dictating monetary policy direction, rather than the other way around.

Financial markets are adjusting to a world where inflation is no longer temporary, but structurally tied to geopolitical risk and supply constraints.

For policymakers, the dilemma is intensifying—raising rates slows growth, while easing risks entrenching inflation.

At the system level, this signals a deeper shift toward fragmentation, volatility, and reduced global coordination.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

Purchasing power declines as inflation accelerates
Currency volatility increases due to energy imbalances
Stronger dollar pressures weaker economies
Import-dependent nations face heightened financial strain

IMPLICATIONS FOR THE GLOBAL RESET

Pillar 1: Energy-Driven Monetary Realignment

Oil shocks are forcing central banks into longer-term restrictive policies, reshaping global liquidity and credit conditions.

Pillar 2: Currency System Rebalancing

Diverging economic impacts between energy exporters and importers are accelerating a shift in currency strength and global financial influence.

CONCLUSION

The surge in oil prices and resulting policy shifts mark more than a temporary disruption—they signal a structural transformation in the global financial system.

As inflation persists and central banks adjust, the ripple effects are spreading across currencies, trade, and economic growth.

This environment reflects a new reality: geopolitical risk is now a primary driver of financial conditions worldwide.

When energy markets dictate policy, the global financial system enters a new era of structural change.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 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

DINARRECAPS8 5/4/26 DINARRECAPS8 5/4/26

Iraq Economic News and Points To Ponder Monday Morning 5-4-26

The Dollar Is Approaching 200,000 Tomans After Trump's Decision.

Money and Business Economy News - Follow-up The price of the US dollar in the Iranian free market approached the 200,000 toman mark on Monday, in one of the sharpest waves of decline for the Iranian currency, amid growing concern over escalating tensions in the Strait of Hormuz after US President Donald Trump announced a new move regarding ships stranded there. Data from exchange rate monitoring platforms showed that the dollar's selling price reached about 190,900 tomans, with a clear upward trend, which reinforced traders' expectations that it could reach the 200,000 toman level if political and security pressures continue.

The Dollar Is Approaching 200,000 Tomans After Trump's Decision.

This increase coincides with Trump's announcement that the United States will begin, on Monday morning, assisting ships stranded in the Strait of Hormuz and guiding them out of the waterway.

Trump dubbed the operation "Project Freedom," warning that any interference or obstruction would be met with force, while the US Central Command confirmed its participation in the efforts.

In response, Iran warned US forces against entering the strait, asserting that it would retaliate against any foreign military action it deemed a threat. https://www.economy-news.net/content.php?id=68657

First Deputy Speaker Of Parliament: Oil And Gas Law And Popular Mobilization Forces Law Are At The Top Of The Agenda For Mps And Relevant Committees

Baghdad – One News 5/03/2026 The First Deputy Speaker of the Iraqi Parliament, Adnan Faihan, confirmed on Saturday that there is movement within Parliament to proceed with the legislation of a number of important and delayed laws, most notablythe Oil and Gas Law(HCL) and the Popular Mobilization Forces Law.

Faihan said, “There are many important laws, some of which are very delayed, such as the oil and gas law, the Popular Mobilization Forces law in its first and second parts, and the Federal Civil Service law, which are among the priorities of the House of Representatives.”……..

He added that “there is a movement to read and discuss important laws, which represent a priority for the work of the House of Representatives and the political forces, to work on legislating these laws in Parliament.”

https://1news-iq.net/النائب-الأول-لرئيس-مجلس-النواب-قانونا/

Iraq's Imports Of Brazilian Poultry Declined During 2025 Despite Stable Global Exports

Money and Business Economy News - Follow-up Brazil's poultry meat exports remained almost completely stable during 2025, with notable changes in the map of major importers, the most prominent of which was the clear decrease in imports from Iraq.

According to data from the Brazilian Animal Protein Association report, the UAE maintained its leading position in the whole chicken import market with 230,000 tons during 2025, achieving a growth rate of 5.8%, followed by Saudi Arabia, then Kuwait, Yemen and Qatar.

The association added in its report on Brazilian poultry exports for 2025 that Iraq came in ninth place, after its imports declined from 49.9 thousand tons in 2024 to 34.5 thousand tons in 2025, a significant decrease of 30.8%, making it one of the markets with the most significant declines on the list.

She noted that Japan topped the list in the chicken parts category, despite recording a slight decrease, followed by South Africa, Saudi Arabia and the Philippines, while China witnessed a sharp decline exceeding 55%, and Iraq did not appear among the top ten importers in this category, reflecting its limited presence in this sector specifically.

At the level of total chicken exports (whole and pieces), the UAE continued to lead with an import volume of about 480,000 tons, followed by Japan, then Saudi Arabia, South Africa and the Philippines, while Iraq came in eleventh place globally, as its imports decreased from 179,800 tons in 2024 to 138,900 tons in 2025, recording a decline of 22.7%.

The association explained that Brazil’s total poultry meat exports reached 5.16 million tons during 2025, a very slight increase of 0.11% compared to 2024, indicating general stability in the global market, despite the large disparity between importing countries.

Iraq’s decline is one of the most prominent indicators in the report, whether in whole or total chicken, which may reflect shifts in the local market or a change in import sources during the recent period.

https://www.economy-news.net/content.php?id=68656

Iraqi Trial Cement Shipments Enter Syria Via Key Border Crossings

2026-05-03 Shafaq News- Baghdad/ Damascus Iraqi cement exports to Syria have begun on a trial basis, with shipments entering gradually to test procedures and ensure smooth operations at border crossings.

Musheer al-Ramah, head of the media office for Syria’s border crossings and customs authority, indicated that shipment volumes are expected to increase progressively based on evaluations during the initial operational phase, with the aim of improving transport and supply efficiency.

He noted that coordination is being carried out through direct communication channels between Syrian and Iraqi authorities, including the exchange of pre-shipment lists, precise scheduling of crossings, and efforts to unify customs and technical procedures to accelerate processing and strengthen oversight.

Shipments are primarily entering through the al-Tanf–al-Waleed crossing, with cement also beginning to arrive via the al-Yarubiyah–Rabia crossing, as part of a plan to distribute trade flows across multiple cross points to ease pressure and enhance flexibility.

Al-Ramah indicated that increased cement imports are expected to boost local supply, reduce price volatility, and support the construction sector and related industries.

https://shafaq.com/en/Economy/Iraqi-trial-cement-shipments-enter-Syria-via-key-border-crossings

Oil Prices Hold Above $100 Despite Trump’s Hormuz Escort Plan

2026-05-04 Shafaq News Oil prices eased on Monday after President Donald Trump said the United States would begin an effort to assist ships stranded in the Strait of Hormuz, but the lack of a U.S.-Iran peace deal kept the market supported above $100.

Brent crude futures fell 6 cents, or 0.1%, to $108.11 a barrel by 0400 GMT after settling down $2.23 on Friday. U.S. West Texas Intermediate was at $101.50 a barrel, ⁠down 44 cents, or 0.4%, following a $3.13 loss on Friday.

"The broader market remains tightly supported by persistent supply disruptions and geopolitical uncertainty," said Priyanka Sachdeva, analyst at Phillip Nova.

"Unless there is a clear and sustained resolution that restores normal flows through the Strait of Hormuz, oil prices are likely to remain elevated, with risks still tilted toward further upside."

Trump said on Sunday that the U.S. will guide ships safely out of the Strait of Hormuz, but oil prices stayed above $100 a barrel, with no peace deal in sight and shipping through ⁠the strategic waterway still constrained.

Negotiations between the U.S. and Iran continued over the weekend with the countries assessing responses from each other.

Trump has made securing a nuclear deal with Tehran a priority, but Iran wants to defer nuclear talks until after the war and first lift rival blockades ⁠on Gulf shipping.

On Sunday, the Organization of the Petroleum Exporting Countries and their allies, or OPEC+, said they will raise oil output targets by 188,000 barrels per day in June for seven members, ⁠the third consecutive monthly rise.

The increase is the same as that agreed for May minus the share of the United Arab Emirates, which left OPEC on May 1. However, ⁠the higher volume will remain largely on paper as long as the Iran war continues to disrupt Gulf oil supplies through the Strait of Hormuz.(Reuters)https://shafaq.com/en/Economy/Oil-prices-hold-above-100-despite-Trump-s-Hormuz-escort-plan

Iraq’s Total Revenues Drop 13% In Early 2026

2026-05-04 Shafaq News- Baghdad Iraq’s public finances posted a decline in early 2026, with revenues falling to just over 15.7 trillion dinars ($12B) in January and February, the Ministry of Finance showed on Monday.

Total revenues stood at 15.708 trillion dinars ($12B), down 13% from 17.427 trillion dinars ($13.3B) recorded during the same period in 2025.

Oil remained the backbone of state income, generating 13.127 trillion dinars ($10B) and accounting for 84% of total revenues. Non-oil sources contributed 2.581 trillion dinars ($2B).

The data also indicated that non-oil revenues transferred from the Kurdistan Region to the federal treasury amounted to 120 billion dinars ($91.6M) over the two-month period.

On the expenditure side, total current spending stood at 16.978 trillion dinars ($13.0B). Public sector salaries absorbed 10 trillion dinars ($7.6B), while pensions totaled 3 trillion dinars ($2.3B). Social welfare payments amounted to 912 billion dinars ($696M).

https://shafaq.com/en/Economy/Iraq-s-total-revenues-drop-13-in-early-2026

Dinar Recaps 20 5/3/26 Dinar Recaps 20 5/3/26

Gold Reclaims Reserve Status, Central Banks Reverse 1900s Dollar Shift, Silver Rally

Gold Reclaims Reserve Status, Central Banks Reverse 1900s Dollar Shift, Silver Rally

And We Know: 5-3-2026

Ever feel like the financial ground beneath our feet is shifting? Global economies are constantly evolving, and a recent discussion from And We Know Official offers a compelling look at the shifting role of gold and silver in this dynamic landscape.

The video delves into how central banks and individual investors alike are reconsidering these precious metals as anchors in an era of economic uncertainty and policy changes.

The conversation begins by tracing a pivotal moment in financial history: the 1971 Nixon administration’s decision to close the gold window.

Gold Reclaims Reserve Status, Central Banks Reverse 1900s Dollar Shift, Silver Rally

And We Know: 5-3-2026

The video delves into how central banks and individual investors alike are reconsidering these precious metals as anchors in an era of economic uncertainty and policy changes.

The conversation begins by tracing a pivotal moment in financial history: the 1971 Nixon administration’s decision to close the gold window.

This move fundamentally transformed the global financial system, transitioning the world from a gold-backed currency to a system based on fiat money.

This shift paved the way for the rise of the petro-dollar and, significantly, contributed to the boom-and-bust economic cycles we’ve witnessed ever since. For decades, particularly through the 1980s and 1990s, the U.S. economy displayed remarkable strength, leading central banks to significantly reduce their gold holdings, largely favoring the U.S. dollar as the premier safe-haven asset.

However, the 2008 financial crisis marked a profound turning point. It exposed systemic vulnerabilities within the global financial architecture, prompting central banks to critically re-evaluate their reserve strategies.

What followed was a noticeable — and accelerating — trend: a reallocation of reserves back into gold. This movement has only intensified in the face of ongoing global geopolitical tensions and a mounting global debt crisis.

The speakers highlight a significant development: gold has now surpassed the U.S. dollar as a top reserve asset worldwide, signaling deep underlying economic concerns that may not always be apparent on the surface.

What’s driving this resurgence? The discussion points to declining volatility in both gold and silver markets as a positive indicator, reflecting growing investor confidence and a strengthening fundamental base for these assets.

Financial visionary Ray Dalio’s insights are particularly pertinent here, as he explains the historical playbook for governments facing financial crises: massive money printing to devalue currencies, which inevitably leads to inflation.

In such an environment, tangible assets like gold and silver naturally emerge as reliable stores of value and crucial hedges against currency devaluation, protecting purchasing power.

Beyond the purely economic factors, the video touches upon broader cultural and political conversations surrounding monetary reform and the future of financial power structures. In light of these significant shifts, the speakers encourage individual investors to thoughtfully consider allocating a portion of their funds into precious metals. It’s presented as a strategic response to the ongoing economic challenges and uncertainties that define our current global climate.

https://www.youtube.com/watch?v=aIpaGoHmiQ8

https://dinarchronicles.com/2026/05/02/and-we-know-gold-reclaims-reserve-status-central-banks-reverse-1900s-dollar-shift-silver-rally/

Dinar Recaps 20 5/3/26 Dinar Recaps 20 5/3/26

Here’s What will Happen to the IQD and VND within the Next Two Years

Here’s What will Happen to the IQD and VND within the Next Two Years

Edu Matrix: 5-3-2026

The global financial landscape is currently experiencing a period of significant transition, with emerging markets and “exotic” currencies drawing increased attention from analysts and forward-thinking observers.

A recent deep dive from Edu Matrix sheds light on the economic trajectories of Iraq and Vietnam, suggesting that the next few years—specifically leading up to 2029—could be a pivotal era for the Iraqi dinar (IQD) and the Vietnamese dong (VND).

Here’s What will Happen to the IQD and VND within the Next Two Years

Edu Matrix: 5-3-2026

As geopolitical shifts and domestic reforms intersect, these two nations are positioning themselves for potential stabilization and growth.

For Iraq, the path to a revitalized domestic economy and a stronger currency hinges on three critical pillars: the eradication of systemic corruption, the disarmament of non-state militia groups, and the implementation of rigorous currency controls.

The Central Bank of Iraq (CBI) is currently at the forefront of this effort, working to modernize fiscal policy and regain international confidence. These reforms are essential for the Iraqi dinar to transition from a highly volatile asset to a stable medium of exchange.

Observers suggest that the success of these measures will largely depend on the country’s ability to foster a secure environment that is conducive to foreign investment and institutional transparency.

Vietnam offers a contrasting but equally compelling case study. Unlike Iraq, which is in the midst of stabilization, Vietnam has long utilized a managed exchange rate system to maintain its competitive edge in the global export market.

By carefully controlling the value of the Vietnamese dong, the government has successfully turned the nation into a manufacturing powerhouse. For those monitoring the VND, the focus remains on how Vietnam balances its export-led growth with the need for internal economic stability, especially as global trade dynamics continue to shift toward Southeast Asia.

The geopolitical dimension cannot be overlooked, particularly regarding the potential influence of the U.S. administration.

With the possibility of policy shifts leading up to 2029, there is significant speculation on how a Trump Administration might intervene in international trade and currency valuations. Such an environment often creates a “window of opportunity” for rapid market movements.

Analysts suggest that the next two years could be a defining period for these currencies, especially as emerging economic blocs and the much-discussed BRICS currency initiative pose new challenges to the traditional dominance of the U.S. dollar.

For those interested in these markets, the current recommendation is one of preparation and strategic patience. Holding physical currency from reputable sources is often cited as a way to hedge against digital volatility, but it requires a commitment to staying informed about rapid shifts in the exotic currency market.

As Iraq continues its reform journey and Vietnam navigates its export strategy, the potential for significant movement is high. For a more comprehensive look at these market dynamics and to stay ahead of these economic shifts, be sure to watch the full video from Edu Matrix for further insights and detailed information.

https://www.youtube.com/watch?v=eHo29SrGAAE

https://dinarchronicles.com/2026/05/02/edu-matrix-heres-what-will-happen-to-the-iqd-and-vnd-within-the-next-two-years/

DINARRECAPS8 5/3/26 DINARRECAPS8 5/3/26

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 5-3-26

Good Afternoon Dinar Recaps,

De-Dollarization Accelerates: Global Shift Away from Dollar Reshapes Financial Power

Rising geopolitical tensions and reserve diversification are driving a structural move toward a multipolar currency system

Good Afternoon Dinar Recaps,

De-Dollarization Accelerates: Global Shift Away from Dollar Reshapes Financial Power

Rising geopolitical tensions and reserve diversification are driving a structural move toward a multipolar currency system

OVERVIEW (KEY POINTS)

A growing number of countries are accelerating efforts toward de-dollarization, reducing reliance on the U.S. dollar in global trade and reserves.

This shift is happening now due to geopolitical tensions, sanctions policies, and rising U.S. debt, which have prompted nations to seek greater financial independence.

Key players include BRICS nations and emerging markets, alongside central banks increasing exposure to gold and local currencies.

The broader implication is significant: the global financial system is gradually transitioning from a dollar-dominated model toward a more multipolar structure.

KEY DEVELOPMENTS

1. De-Dollarization Moves From Theory to Practice

The shift is now operational.

Countries increasing use of local currencies in trade settlements
Reduced reliance on dollar-based transaction systems

2. Central Banks Accelerate Reserve Diversification

Reserve strategies are evolving.

Increased accumulation of gold and non-dollar assets
Dollar share of global reserves continuing its long-term decline

3. Geopolitical Tensions Drive Currency Strategy

Policy decisions are influencing finance.

Sanctions and trade restrictions seen as currency weaponization
Nations seeking insulation from external financial control

4. U.S. Debt Levels Raise Long-Term Concerns

Fiscal pressure is influencing global confidence.

U.S. national debt surpassing $39 trillion
Concerns over long-term currency stability and purchasing power

5. Emerging Markets Gain Financial Confidence

Global balance is shifting.

Stronger capital markets enabling independent financial strategies
Developing economies pushing for greater monetary autonomy

WHY IT MATTERS

This development highlights a structural transition: the dominance of a single global reserve currency is being challenged.

Markets are gradually adjusting as trade flows, reserves, and pricing mechanisms begin to reflect greater currency diversification.

For policymakers, this creates a more complex system where currency influence is distributed rather than centralized.

At the system level, this signals a shift toward fragmentation and multipolar financial governance.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

Reduced dollar dominance may impact exchange rates globally
Purchasing power shifts as currency baskets evolve
Increased volatility during transition phases
Opportunities in alternative currencies and assets

IMPLICATIONS FOR THE GLOBAL RESET

Pillar 1: Multipolar Currency System Emergence

The global system is gradually shifting toward multiple influential currencies, reducing reliance on a single reserve standard.

Pillar 2: Reserve Asset Realignment

Central banks are restructuring reserves toward gold and diversified currency holdings, redefining financial stability frameworks.

CONCLUSION

De-dollarization is no longer a fringe concept—it is becoming a measurable and accelerating global trend.

While the U.S. dollar remains dominant, the direction of change is clear: countries are building alternatives to reduce dependency.

This transition will take time, but its implications are profound, affecting trade, policy, and financial stability worldwide.

The global financial system is not collapsing—but it is steadily being rebalanced.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

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

DINARRECAPS8 5/3/26 DINARRECAPS8 5/3/26

Iraq Economic News and Points To Ponder Sunday Afternoon 5-3-26

Egypt's Exports To Iraq Are Expected To Rise To $880 Million During 2025

Money and Business Economy News – Baghdad Foreign trade estimates for 2025 indicate that the value of Egyptian exports to Iraq will rise to about $880 million, compared to about $815.9 million in 2024, registering a growth of nearly 8%, driven by increased demand in the Iraqi market for Egyptian goods.

Egypt's Exports To Iraq Are Expected To Rise To $880 Million During 2025

According to data from the United Nations International Trade Commission (UN COMTRADE), the most prominent Egyptian exports to Iraq for 2025 were electrical and electronic equipment, valued at approximately $159.76 million, followed by plastic products at approximately $108.20 million, then edible vegetables and some roots and tubers at $75.05 million, while various food preparations were valued at approximately $74.21 million.

She added that exports of fruits, nuts, citrus peels, and melons reached approximately $51.51 million, while exports of furniture, prefabricated buildings, and lighting reached about $51.09 million. Iron and steel products also recorded significant levels within the building materials category. Essential oils and cosmetics were valued at $77.2 million, and pharmaceuticals and medicinal products at approximately $36.5 million.

Egyptian exports to Iraq during 2025 are concentrated in a number of key sectors, primarily food products such as canned goods, oils, dairy products and pasta, building materials such as iron, cement and ceramics, in addition to electrical appliances, plastic products, chemicals and pharmaceutical products, as well as the growth of exports of fruits and agricultural products.

This distribution reflects the continued reliance of the Iraqi market on Egyptian goods, especially in the food and building materials sectors, coinciding with the expansion of reconstruction projects and the rise in local demand, which strengthens Iraq’s position as one of the five most important Arab markets for Egyptian exports.

https://www.economy-news.net/content.php?id=68616

Iraq: 11,000 Tons Of Sulfur Exported Through Khor Al-Zubair Port

Money and Business Economy News – Baghdad The Border Ports Authority reported on Sunday that it had facilitated the export of 11,000 tons of sulfur through the Khor Al-Zubair port.

A statement issued by the Authority and received by “Al-Eqtisad News” stated that it continues its efforts to support the national economy and promote non-oil exports, through direct supervision and facilitation of the export of a quantity of (11) thousand tons of sulfur material through the Khor Al-Zubair port.

He pointed out that the necessary procedures for exporting sulfur were carried out in accordance with the approved regulations and instructions, and in coordination with the relevant authorities.

The authority affirmed its commitment to simplifying procedures while maintaining standards of control and regulation, ensuring smooth operations at all border crossings. https://www.economy-news.net/content.php?id=68610

Minister Of Construction: The Financial Crisis Has Halted The Second Phase Of Projects To Alleviate Traffic Congestion In Baghdad.

Money and Business Minister of Construction and Housing, Benkin Rikani, confirmed on Saturday that the traffic congestion crisis in Baghdad is caused by the presence of 4 million cars in the capital. He also indicated that the second phase of traffic congestion relief projects has been halted due to funding issues.

Rikani stated, "We in the Ministry of Construction and Housing, the Baghdad Municipality, and the Baghdad Governorate worked as a unified team with the assistance of other ministries. The idea was to solve the traffic crisis." He explained that "Baghdad is supposed to have only 500,000 cars, but now it has more than 4 million."

Rikani pointed out that "the idea was to address the congestion because in some areas during peak hours, a car needs more than an hour to cross, while in others it takes less than an hour."

He explained that "21 intersections with 16 contracts have been awarded for investment, but there are challenges within the city that differ from those outside it." He noted that "the second phase projects were not completed due to the financial crisis; there were 20 projects in the second phase of the traffic congestion relief initiative."

Rikani added, "We have worked on constructing five bridges over the Tigris River, and their completion rate has reached over 80%." He pointed out that "the previous regime, throughout its entire rule, only completed seven bridges, and this is considered a significant achievement that reflects our work and joint cooperation."

He explained that "according to the latest population census, the results indicated that 80% of Iraqis own housing units, which was surprising to us." He noted that "the services provided for each plot of land (water and sewage networks, electricity, roads, and sidewalks) cost the state 16 million dinars."

He indicated that "the prices of housing units in Baghdad have decreased compared to the last four years, and we did not give the land to investors for free. There are 18 trillion dinars over the past two and a half years, which is the state's share of the housing units granted to investors." https://www.economy-news.net/content.php?id=68586

Gold Prices Fell By More Than $100 Last Week.

Money and Business Economy News - Follow-up When global financial markets closed, the price of an ounce of gold fell by $10, trading at $4,612.

During the past week, the price of one ounce of gold has fallen by more than $100.

Fears of increased inflation due to the fallout from the war with Iran have prompted traders to turn more towards the dollar, leading to a drop in gold prices.

Metals markets remain under pressure from hawkish signals from major central banks; some US Federal Reserve officials have warned of rising inflation as a result of higher energy prices, while the European Central Bank, the Bank of England and the Bank of Japan have all indicated that interest rates will be raised in the near future.

Raising interest rates under normal circumstances usually leads to a decrease in metal prices.

Meanwhile, Iranian media reported on Friday that Tehran had submitted a new peace proposal through Pakistan, but US President Donald Trump said, "Iran wants to make a deal, but I am not happy with it."

https://www.economy-news.net/content.php?id=68560

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

2026-05-03 Shafaq News- Baghdad/ Washington Iraq’s crude oil exports to the United States rose 147,000 barrels per day (bpd) last week, US Energy Information Administration (EIA) data showed on Sunday.

Iraqi shipments averaged 195,000 bpd last week, sharply higher than the previous week’s average of 48,000 bpd.

Total US crude imports from seven major suppliers fell 1.386 million bpd from 6.622 million bpd the previous week to 5.236 million bpd. Canada remained the top supplier at 3.974 million bpd, followed by Venezuela with 310,000 bpd, Mexico with 292,000 bpd.

Imports also included Colombia at 191,000 bpd and Ecuador at 100,000 bpd. No oil was imported from Libya, Brazil, or Nigeria this week. https://shafaq.com/en/Economy/EIA-Iraq-s-oil-exports-to-US-surge-over-the-week-8

USD/IQD Exchange Rates Drop In Baghdad And Erbil

2026-05-03 Shafaq News- Baghdad/ Erbil The US dollar opened Sunday’s trading lower in Iraq, hovering around 153,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 152,900 dinars per 100 dollars, down from the previous session’s 153,100 dinars.

In the Iraqi capital, exchange shops sold the dollar at 153,500 dinars and bought it at 152,500 dinars, while in Erbil, selling prices stood at 152,850 dinars and buying prices at 152,650 dinars.

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

Gold Steadies In Baghdad, Edges Lower In Erbil

2026-05- Shafaq News- Baghdad/ Erbil On Sunday, gold prices hovered around one 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 996,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 992,000 IQD, unchanged from Saturday.

The selling price for 21-carat Iraqi gold stood at 966,000 IQD, while the buying price reached 962,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 995,000 and 1.005 million IQD, while Iraqi gold sold for between 965,000 and 975,000 IQD.

In Erbil, 22-carat gold was sold at 1.039 million IQD per mithqal, 21-carat gold at 992,000 IQD, and 18-carat gold at 850,000 IQD. https://shafaq.com/en/Economy/Gold-steadies-in-Baghdad-edges-lower-in-Erbil

Iraq Braces For 11 GW Power Shortfall Ahead Of Summer

2026-05-03 Shafaq News- Baghdad Iraq is expected to face a power shortfall of about 11 gigawatts (GW) during peak summer demand in 2026, amid lagging electricity production and tightening gas supplies, the Washington-based Attaqa platform reported on Sunday.

According to the platform’s survey, electricity production stood at 29 GW at the end of January, while peak demand is projected at around 40 GW. The shortfall has been exacerbated by declining Iranian gas imports, which fell to about 15 million cubic meters per day last week from 20 million the previous week.

Iraq’s financial capacity to secure fuel has also been constrained, with oil revenues dropping by nearly 90% since the start of the US–Israeli war on Iran and the closure of the Strait of Hormuz on February 28. Baghdad is now seeking to reduce dependence on imports by expanding domestic gas production, while aiming to generate 7,500 megawatts of solar power through 15 projects backed by General Electric and Siemens.

Efforts to link Iraq’s grid with neighboring countries are also ongoing, but implementation faces “technical and financing challenges that could delay relief.” Without sustained progress on these fronts, Iraq risks recurring power shortages during peak summer demand, Attaqa warned.

Iraq’s Electricity Ministry earlier said supply cuts from Iran removed more than 3,000 megawatts from the national grid after gas flows dropped sharply, forcing authorities to manage shortages.

https://shafaq.com/en/Economy/Iraq-braces-for-11-GW-power-shortfall-ahead-of-summer

Dinar Recaps 20 5/3/26 Dinar Recaps 20 5/3/26

The New Gold Monetary System Is Already in Place (Most People Missed It) | Stephen Leeb

The New Gold Monetary System Is Already in Place (Most People Missed It) | Stephen Leeb

Miles Franklin Media: 5-2-2026

Andy Schectman, CEO of Miles Franklin Precious Metals and host of Little by Little, sits down with Stephen Leeb, Economist, Money Manager & NYT Bestselling Author, to break down the math behind a potential gold revaluation and why a global monetary reset may already be underway.

Is gold massively undervalued? Leeb argues that decades of suppression, combined with unsustainable global debt and a shifting financial order, could force a dramatic repricing of gold – potentially to levels most investors aren’t prepared for.

The New Gold Monetary System Is Already in Place (Most People Missed It) | Stephen Leeb

Miles Franklin Media: 5-2-2026

At the same time, a new monetary system may already be forming… outside the U.S.-led framework.

In this episode of Little by Little:

The math behind the $18,000 gold scenario

Has gold been suppressed for decades?

Why a monetary reset may be inevitable

The role of central banks and global debt

Is a new gold-backed system already emerging?

Why most investors are missing the bigger picture

00:00 Coming Up

01:26 Introduction

04:43 China Gold New Era

06:01 Gold Spiritual Power

10:55 America After 1971

25:17 Hypersonic Wake Up

30:40 New Gold Standard Build

33:37 China Vault Network

38:37 US China Deal Window

40:37 China Consumer and Gold

50:39 Gold Price Target Logic

54:31 Personal Gold Strategy

56:59 Gold Beats Deflation Too

01:01:29 Closing Thanks and Signoff

https://www.youtube.com/watch?v=QwaSoB2rfVk