Rob Cunningham: XRPL with XRP as the Neutral Bridge Asset
Rob Cunningham: XRPL with XRP as the Neutral Bridge Asset
5-25-2026
Best Positioned: XRP Ledger / XRPL with XRP as the neutral bridge asset.
Why? Because this new architecture is not mainly about “crypto speculation.” It is about regulated interoperability, liquidity, settlement, reconciliation, auditability, and sovereign-friendly value exchange.
Rob Cunningham: XRPL with XRP as the Neutral Bridge Asset
5-25-2026
Best Positioned: XRP Ledger / XRPL with XRP as the neutral bridge asset.
Why? Because this new architecture is not mainly about “crypto speculation.” It is about regulated interoperability, liquidity, settlement, reconciliation, auditability, and sovereign-friendly value exchange.
This past week’s 3rd EO (14405) directs federal financial regulators to update rules so digital assets and fintech can integrate into traditional financial services and payment systems, while reviewing barriers around licenses, charters, bank partnerships, and even Federal Reserve payment access.
XRPL fits this moment unusually well:
1. It was built for payments, not memes.
XRPL is optimized for fast, low-cost settlement and cross-currency movement.
2. It has native DEX + auto-bridging.
XRPL can automatically route value through XRP when that produces a cheaper path between currencies or tokens.
3. It is institutionally legible.
Ripple’s payments stack, RLUSD, custody, prime brokerage, and bank/fintech relationships make XRPL more “board defensible” than most chains. Ripple’s cross-border payments material explicitly contrasts legacy correspondent banking capital lockup with real-time blockchain-enabled settlement.
4. It respects sovereign interoperability.
XRPL does not require one global currency, one empire, or one CBDC. It allows many currencies, issuers, jurisdictions, and assets to interoperate through common rails.
5. The EVM sidechain expands developer reach.
XRPL’s EVM sidechain launched on mainnet in 2025, connecting XRPL liquidity with Ethereum-compatible smart contracts and Axelar-based cross-chain access.
For a new monetary architecture built around regulated digital dollars, tokenized assets, cross-border liquidity, instant settlement, public auditability, and mutual-consent interoperability, XRPL is arguably the cleanest fit.
The moneychanger’s table does not flip because one coin “wins.” It flips when opaque toll roads are replaced by open, inspectable, interoperable settlement rails. XRPL was built for that exact job.
Source(s):
• https://x.com/KuwlShow/status/2058762148524728596
https://dinarchronicles.com/2026/05/25/rob-cunningham-xrpl-with-xrp-as-the-neutral-bridge-asset/
Seeds of Wisdom RV and Economics Updates Monday Evening 5-25-26
Good Evening Dinar Recaps,
High-Stakes Iran Negotiations Focus on Hormuz, Sanctions, and Nuclear Disputes
Fragile diplomatic progress between the United States and Iran is raising hopes for a limited de-escalation agreement that could ease pressure on global energy markets and reduce the risk of a wider regional conflict.
Good Evening Dinar Recaps,
High-Stakes Iran Negotiations Focus on Hormuz, Sanctions, and Nuclear Disputes
Fragile diplomatic progress between the United States and Iran is raising hopes for a limited de-escalation agreement that could ease pressure on global energy markets and reduce the risk of a wider regional conflict.
Overview
Iranian officials confirmed that preliminary conclusions have been reached regarding a proposed 14-point memorandum of understanding designed to create a framework for ending the ongoing Middle East conflict and reopening critical global shipping routes.
While negotiators from both sides acknowledge progress, major disagreements remain over Iran’s nuclear program, sanctions relief, military capabilities, and long-term security arrangements in the Strait of Hormuz.
The negotiations are being closely watched by global markets because the conflict has already contributed to:
Rising oil prices
Shipping disruptions
Inflation concerns
Currency volatility
Increased geopolitical instability
Key Developments
1. Strait of Hormuz Remains the Core Negotiation Issue
The central focus of the discussions is the future of the Strait of Hormuz, one of the world’s most important energy chokepoints.
According to reports, Iran has agreed in principle to ensure safe transit through the strait in exchange for:
The lifting of the U.S. naval blockade
Easing of sanctions
Release of frozen Iranian assets
Expanded access to oil exports
Because roughly a fifth of global oil and LNG shipments traditionally pass through Hormuz, any agreement affecting the strait could significantly impact global energy markets.
2. Nuclear Program Still a Major Obstacle
Despite reported progress, Iran’s nuclear activities remain one of the largest unresolved issues.
Current discussions reportedly do not yet contain a final commitment regarding:
Uranium enrichment limits
Inspection mechanisms
Nuclear transparency requirements
Long-term verification agreements
U.S. Secretary of State Marco Rubio stated that any temporary agreement would likely create a 60-day negotiation window for resolving the nuclear dispute.
3. Iran Seeks Economic Relief and Security Guarantees
Iranian officials continue demanding:
Broad sanctions relief
Access to frozen financial assets
Freedom to export oil internationally
Reduced military pressure from the United States and its allies
Iran has also insisted that any agreement must preserve what Tehran describes as its “national rights” and strategic deterrence capabilities.
The proposed framework would still require approval from Iran’s Supreme National Security Council and final authorization from Supreme Leader Ali Khamenei.
4. Global Markets Remain Sensitive to Negotiation Outcomes
Financial and energy markets remain cautious despite reports of progress.
Oil prices, shipping insurance costs, and global inflation expectations continue reacting to developments surrounding:
Gulf shipping security
Possible sanctions relief
Energy supply disruptions
Regional military escalation risks
Analysts warn that even if a ceasefire framework is reached, restoring full commercial confidence and shipping stability could take years.
Why It Matters
The Iran negotiations are no longer simply a regional diplomatic issue. They now directly influence:
Global energy markets
Inflation trends
Central bank policy
International trade routes
Currency stability
Global financial confidence
The Strait of Hormuz remains one of the most strategically important waterways in the world, making any disruption capable of affecting nearly every major economy.
At the same time, the negotiations reflect a broader transition toward a more fragmented geopolitical and financial environment where military conflict, energy security, and economic policy are increasingly interconnected.
Why It Matters to Foreign Currency Holders
For foreign currency holders, the outcome of these negotiations could significantly impact global monetary and financial stability.
Energy disruptions tied to Hormuz directly influence:
Inflation rates
Interest rate policy
Currency valuations
Commodity prices
Sovereign debt markets
A prolonged crisis could accelerate efforts by major powers and BRICS-aligned nations to reduce dependence on Western-controlled financial systems and energy settlement mechanisms tied to the U.S. dollar.
Meanwhile, any successful agreement that stabilizes Gulf shipping could temporarily calm markets, strengthen confidence in global trade flows, and reduce pressure on energy-importing economies.
The larger issue is that global financial systems are becoming increasingly vulnerable to geopolitical disruptions, especially around energy infrastructure and strategic trade corridors.
Implications for the Global Reset
Pillar 1: Energy Security Is Reshaping Global Finance
The negotiations highlight how energy supply routes are becoming central to global financial stability and geopolitical leverage.
Control over strategic waterways increasingly affects:
Currency strength
Inflation management
Trade balances
Global capital flows
Pillar 2: Multipolar Negotiation Structures Are Emerging
The diplomacy surrounding Iran now involves multiple regional powers including Pakistan, Qatar, China, and Gulf states rather than solely Western-led negotiations.
This reflects the broader emergence of a more multipolar global order where regional powers are playing larger roles in conflict resolution and economic coordination.
Closing Perspective
The Iran negotiations are rapidly evolving into more than a ceasefire discussion — they are becoming a test of how global energy security, geopolitical power, and financial stability will interact in the emerging multipolar era.
Whether the talks succeed or collapse, the crisis has already demonstrated how deeply connected modern financial systems are to strategic trade corridors and geopolitical tensions.
This is not just diplomacy — it is the intersection of energy, currency stability, and the future structure of global power.
Sources
Reuters — "U.S. and Iran Continue Discussions on Hormuz and Nuclear Issues"
Modern Diplomacy — "What Must Be Agreed to End the Iran War?"
~~~~~~~~~~
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 Monday Evening 5-25-26
Government Advisor: New Financial Strategy To Raise Non-Oil Revenues To 45%
{Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.
Saleh told Al-Furat News that “Prime Minister Ali Al-Zaidi, during the historic meeting with the Iraqi financial authority held on May 23, 2026, outlined a firm vision for building the future of public finance in the country,” explaining that “the new beginning came from a fundamental pillar represented by announcing the alternative path for public finance and Iraqi financial policy.”
Government Advisor: New Financial Strategy To Raise Non-Oil Revenues To 45%
{Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.
Saleh told Al-Furat News that “Prime Minister Ali Al-Zaidi, during the historic meeting with the Iraqi financial authority held on May 23, 2026, outlined a firm vision for building the future of public finance in the country,” explaining that “the new beginning came from a fundamental pillar represented by announcing the alternative path for public finance and Iraqi financial policy.”
He added that “diversifying public revenues and breaking dependence on the single resource of crude oil, and ending the Iraqi economy’s connection to the geopolitical risks of the energy market, has become a necessity that must be achieved,” noting that “the Strait of Hormuz shock has reaffirmed the importance of redrawing future maps by adopting economic and financial diversification.”
Saleh explained that “redesigning Iraq’s vision for the period 2020-2025 should be based on the principle of economic diversification based on a genuine partnership between the state and the productive private sector, while launching a suitable environment for a productive social market economy,” noting that “the plan aims to raise the contribution of non-oil revenues from less than 10% currently to about 45% as a first stage.”
He added that "achieving this percentage requires a fundamental shift in the philosophy of public finance, from merely distributing resources to operating and producing them, through establishing a strong relationship with the market economy based on institutions, efficiency and production."
Saleh pointed out that "the future Iraq must be based on the efficient diversification of budget resources and sources of GDP, in line with the national strategy for developing market forces and the private sector."
Saleh stressed that “transforming the general budget into a development action plan represents an important reform step in managing the national economy, because it moves it from a tool for distributing expenditures to a tool for directing development and achieving the state’s strategic goals.”
He added that "previous budgets were linked to operational spending, especially salaries and subsidies, which made the margin for developmental investment limited, while the new approach means moving to a model that relies on advance planning, setting priorities and measuring results."
Saleh continued, "This transformation requires a change in the philosophy of the state's management of public resources, so that the budget is based on programs and objectives and not just on traditional items, and that every dinar spent must have a tangible economic and social impact."
He pointed out that “involving the private sector in implementing development projects is a key element for the success of this approach, because it reduces the burden on the state, enhances implementation efficiency, and increases the dynamism of the economy,” stressing that “enhancing transparency and activating oversight and accountability are essential conditions to ensure the success of the plan.”
Saleh concluded by saying that “the success of this approach remains dependent on the ability of institutions to implement it effectively and not just to plan or announce it, because international experiences have proven that the real difference between successful plans and those that remain just ink on paper lies in the efficiency of management, the stability of decision-making, and the commitment to continuous reform.
” He explained that “linking the budget to a clear strategic vision and managing it with a results-based methodology can transform it into an effective development tool for building a more sustainable and diversified economy.”
https://alforatnews.iq/news/مستشار-حكومي-استراتيجية-مالية-جديدة-لرفع-الإيرادات-غير-النفطية-إلى-45
Al-Mada News: Iraq Is Facing A “Purge Storm” Targeting 3,000 High-Ranking Employees Affiliated With “Factions” By Order Of Washington
Baghdad - One News 5/25/2026 Al-Mada newspaper reported that Iraq is bracing for a storm of changes that could affect some 3,000 high-ranking employees affiliated with armed groups, if Washington rejects Iraqi mediation aimed at freezing what is known as the de-Baathification process.
The newspaper added that the Shiite forces have gradually begun to contain the media exchanges between the parties of the coordination framework, but this calm seems temporary, amid political assessments that suggest a return of tension as soon as the American response regarding the Iraqi proposals arrives.
According to Al-Mada, Baghdad submitted a proposal to Washington that included monitoring the movement of the factions for three months, before making any decision regarding dissolving those groups or dismantling their influence within the country.
The newspaper confirmed that Baghdad is still waiting for the American response after the Eid holiday, to find out the future of the factions and their influence within state institutions. https://1news-iq.net/المدى-العراق-مُقبل-على-عاصفة-اجتثاثات/
The Central Bank Imposes A "Harsh Sorting" Of Banks... And The National Bank Of Iraq Raises Its Capital To 650 Billion!
May 24, 2026 The Independent/- The National Bank of Iraq announced in an official statement the approval of increasing its capital to 650 billion Iraqi dinars, in a move that reflects accelerating trends within the Iraqi banking sector towards strengthening financial solvency and raising levels of compliance with regulatory standards.
According to the statement, this increase comes as part of a plan aimed at supporting the bank's ability to expand its operations, enhance customer confidence, and keep pace with changes in the financial environment within Iraq.
In the same context, banking sources revealed to Al-Mustaqilla that the Central Bank of Iraq continues to impose increasing regulatory pressure on banks operating in the country, by setting high capital ceilings as a basic condition for the continuation of activity within the market.
The sources explained that the next phase may witness a real “reshuffling” of the banking sector, where only banks that raise their capital and adhere to strict compliance standards will be allowed to remain in the market, as part of a policy aimed at reducing risks and enhancing financial stability.
Observers believe that these moves reflect a new phase in the Iraqi banking system, the most prominent feature of which is restructuring and raising the requirements for continuity, which may push a number of banks to merge or reduce their activity if they are unable to keep up with these conditions.
Experts: The Financial Stability Board Contributes To Supporting Fiscal And Monetary Policies.
Economic 2026/05/24 Baghdad: Hussein Faleh Financial and economic experts and specialists considered the formation of the Financial Stability Council by the government an important step towards supporting fiscal and monetary policies by maximizing revenues and protecting the national currency, while they stressed the importance of adopting comprehensive economic and structural reforms to achieve financial sustainability and diversify the national economy and revenues.
Unifying Financial And Monetary Decisions
Economic expert Ahmed Al-Majidi told Al-Sabah: “The step of forming a Supreme Council for Financial Stability is one of the important steps at this time, because it reflects a trend towards unifying financial and monetary decisions within an institutional framework capable of facing current economic challenges, especially in light of fluctuations in oil prices and global and regional financial pressures.”
He added, “The presence of the Minister of Finance and the Governor of the Central Bank within the membership of the Council gives this formation great importance, because coordination between fiscal policy and monetary policy is essential for maintaining economic stability, protecting the value of the national currency, and enhancing confidence in the Iraqi economy.
” He explained that “the Council can contribute to managing liquidity, controlling spending, maximizing non-oil revenues, in addition to supporting the banking and financial reforms needed in the next stage.”
Supporting The Investment Environment
He continued: "If the council is given clear powers and operates according to an integrated economic vision, it can form a real platform for making quick and effective decisions to confront crises, enhance financial stability, support the investment environment, and reduce the impact of economic shocks on the citizen and the local market."
For his part, economic researcher and academic Dr. Salem Al-Bayati told Al-Sabah: “One of the priorities of any country is to secure economic security in all its details, especially in formulating monetary and fiscal policy,” explaining that “the internal and external challenges facing the country require the state to set clear priorities for managing the current stage.”
Cash Management And State Funds
He added that "the government sought to provide the basic requirements for the citizen through managing the money and state funds, and despite the difficulties, it was able to secure a level of monetary stability and economic activity and maintain the citizen's purchasing power," noting that "these efforts are important solutions, but they still need integrated economic policies."
Al-Bayati pointed to “the need for the new government to adopt a comprehensive economic policy that includes fiscal and monetary policy, while supporting the independence of financial institutions and strengthening them with specialized personnel, especially since the government headed by Al-Zidi has taken an important step, which is the formation of a Supreme Council for Financial Stability, which will work to achieve a balance between the money coming into the state and what is being pumped into the markets in hard currencies, and this will lead to strengthening revenues and protecting the national currency.”
Developing Productive Sectors
He called for "developing various productive sectors to ensure food security, preserve the country's currency reserves, and control both local and foreign currencies." Al-Bayati emphasized the importance of "imposing oversight on border crossings and customs and preventing corrupt individuals from controlling public funds," stressing "the necessity of establishing and effectively implementing strict regulations and laws.
" He also called for "improving the financial situation by increasing production, providing diverse job opportunities, supporting the private sector, and utilizing the potential of young people in the agricultural, industrial, and service sectors, while adopting integrated policies that prevent conflicting projects and avoid creating new crises."
Geopolitical Challenges
For his part, Dr. Ahmed Hadhhal, a professor of economics and financial expert, told Al-Sabah newspaper: “Iraq’s financial situation is facing exceptional and complex pressures as a result of geopolitical challenges, fluctuations in energy markets, and disruptions to international trade, in addition to chronic structural imbalances linked to near-total dependence on oil revenues.”
He explained that “the government, the Ministry of Finance, and the Central Bank have managed over the past two months to manage the situation with a degree of financial and monetary containment by maintaining the stability of salaries and sovereign spending, securing the market’s needs for foreign currency and basic commodities, and preventing rumors from escalating into widespread monetary instability.”
Regular Government Funding
He added that "the Central Bank continued to manage monetary stability, the exchange rate, and control liquidity and inflation levels, while the Ministry of Finance succeeded in maintaining regular government financing despite increasing pressures on the general budget."
Hathal explained that "the current stage requires moving from traditional budget management to comprehensive economic crisis management based on sustainability and fiscal discipline," calling for "restructuring public spending and activating electronic systems for financial management, taxes, customs and collection to reduce waste and corruption and maximize non-oil revenues."
Controlling Operating Expenses
He pointed to the importance of "controlling unproductive operating expenses and directing resources towards productive and strategic sectors, while adopting conservative oil prices and expanding organized domestic financing tools such as treasury bills and investment bonds."
He stressed that "improving Iraq's financial situation in the medium and long term requires a comprehensive structural reform to diversify the economy and increase the contribution of agriculture, industry, energy and logistics to the gross domestic product, in addition to developing the investment environment and partnership with the private sector."
He concluded by saying, "The real challenge is not limited to financing the current budget, but rather lies in building a state capable of achieving financial and economic sustainability and protecting the social and economic security of future generations." Prime Minister Ali Faleh al-Zaidi had chaired the first meeting of the Financial Stability Council.
The Prime Minister's Media Office stated in a press release that "Prime Minister Ali Faleh al-Zaidi chaired the first meeting of the Financial Stability Council, which was included in the ministerial program, and which included the Minister of Finance and the Governor of the Central Bank of Iraq.
" Al-Zaidi emphasized "the importance of achieving financial stability due to its developmental and economic impacts," noting "the necessity of close coordination between the Central Bank and the Ministry of Finance, and the need to make financial decisions that support stability, which will positively impact the government's development, service, and economic plans." https://alsabaah.iq/132798-.html
Ross: XRP IQD Supercharges
Ross: XRP IQD Supercharges
5-25-2026
XRP IQD SUPERCHARGES
Why is no one in the $XRP community talking about the consequences for hyper-inflated currencies (Global Currency Reset) once the new Financial System finally goes live?
“In a scenario where every bank or every country issues its own private digital currency, there is a need for a neutral, global, and massive liquidity pool to connect these currencies instantly and at near zero cost.”
Ross: XRP IQD Supercharges
5-25-2026
XRP IQD SUPERCHARGES
Why is no one in the $XRP community talking about the consequences for hyper-inflated currencies (Global Currency Reset) once the new Financial System finally goes live?
“In a scenario where every bank or every country issues its own private digital currency, there is a need for a neutral, global, and massive liquidity pool to connect these currencies instantly and at near zero cost.”
Tokenized hyper-inflated currencies = digital garbage.
In an XRP world, the Global Currency Reset is destiny.
Pre-RV, liquidity pair issues hit hard for hyper-inflated currencies attempting to make use of XRP.
You can technically move a pile of worthless dinar through XRP…
But why would anyone on the other end actually want it?
Even with XRP as the bridge, the IQD side still needs real market makers.
Right now those pools are shallow.
Slippage is a real risk on exotic pairs.
Post-RV? The problem disappears.
The revaluation floods the dinar with real global demand.
Liquidity providers jump in — because it’s now a strong currency.
Deep XRP pools absorb everything with zero pre-funding drama.
XRP doesn’t create liquidity out of thin air for a broken currency.
It multiplies whatever liquidity already exists on the fiat side.
XRP supercharges the RV by making that powerful dinar instantly global.
Oil payments, remittances, trade settlements — all in seconds.
No SWIFT delays. No trapped capital.
The RV fixes the value problem.
XRP fixes the movement problem.
XRP is the rail.
The RV is the cargo.
XRP can move anything fast.
But if the cargo has almost no value, you’re just efficiently moving pennies.
The RV loads the train with real wealth — turning Iraq into a global powerhouse and exploding your dinar’s purchasing power.
Without the RV, the dinar stays a mostly local currency with limited international appetite — even on fancy XRP tracks.
The global reset requires currencies to first realign to their true asset value.
XRP is the plumbing that makes the new system sing once that switch flips.
That’s why the intel lines up perfectly:
Banking reforms in Iraq + XRP corridors opening + the rate change.
They’re two sides of the same coin.
Do you see how inevitable this is now?
Every country is racing to catch up.
It baffles me.
Almost no one in the XRP community is talking about the ramifications for ALL currencies once the financial system finally gets its upgrade.
You shouldn’t feel crazy believing in the GCR.
The lightbulb that just fired in your head is exactly what you suspected this entire time — now you fully understand the inevitability.
“We are so close.” is an understatement.
Diana: Do you think banks will build their OWN blockchain systems… or eventually connect to networks like XRPL?
CharuSan XRP: Banks establishing closed and private networks among themselves would leave the financial world just as fragmented and interdependent as it is today. In a scenario where every bank or every country issues its own private digital currency, there is a need for a neutral, global, and massive liquidity pool to connect these currencies instantly and at near zero cost. XRP serves precisely as this independent bridge asset, meaning bank infrastructure requires this network not because they are in love with XRP, but because it is the cheapest and fastest way to connect fragmented currencies on a global scale efficiently
Source(s):
• https://x.com/Ross_ptm/status/2058804394456662408
https://dinarchronicles.com/2026/05/25/ross-xrp-iqd-supercharges/
Seeds of Wisdom RV and Economics Updates Monday Afternoon 5-25-26
Good Afternoon Dinar Recaps
Huawei’s AI Chip Breakthrough Signals China’s Push Toward Tech Independence
China’s semiconductor ambitions are accelerating as Huawei unveils a new chip design strategy that could reshape the global AI and technology race while weakening the long-term impact of U.S. sanctions.
Good Afternoon Dinar Recaps
Huawei’s AI Chip Breakthrough Signals China’s Push Toward Tech Independence
China’s semiconductor ambitions are accelerating as Huawei unveils a new chip design strategy that could reshape the global AI and technology race while weakening the long-term impact of U.S. sanctions.
Overview
Chinese technology giant Huawei Technologies has announced a major semiconductor design breakthrough centered around a new concept called the “Tau Scaling Law,” signaling Beijing’s growing determination to build a fully self-sufficient chip ecosystem despite years of U.S. export restrictions.
The announcement comes as the global competition for AI dominance, semiconductor leadership, and technological sovereignty intensifies between China and the United States. Huawei claims its future chip architecture could eventually achieve transistor density comparable to advanced 1.4 nanometre processes by 2031 — potentially redefining how computing performance is achieved in the post-Moore’s Law era.
Key Developments
1. Huawei Introduces Alternative Path Beyond Traditional Chip Scaling
Huawei revealed a new semiconductor strategy focused less on shrinking transistor sizes and more on improving data movement, system efficiency, and chip architecture integration.
The company’s proposed “LogicFolding” architecture aims to:
Reduce internal signal delays
Improve data transmission speeds
Lower latency
Enhance advanced chip packaging
Increase AI processing efficiency
This reflects a broader shift across the industry as traditional transistor miniaturization approaches physical limitations.
2. China Accelerates Semiconductor Self-Sufficiency
The announcement highlights how China is adapting to years of American technology sanctions designed to restrict access to:
Advanced lithography systems
High-end semiconductor tools
AI processors
Chip design software
Rather than waiting to fully replicate Western manufacturing capabilities, China is increasingly pursuing alternative technological pathways to remain competitive.
Huawei’s earlier success launching the Mate 60 smartphone with domestically produced 7nm chips already demonstrated China’s growing resilience under sanctions pressure.
3. AI Competition Is Becoming the Core Battleground
Huawei’s semiconductor strategy is heavily tied to the exploding global demand for artificial intelligence infrastructure.
Its Ascend AI processors are emerging as China’s primary domestic alternative to chips produced by NVIDIA, whose advanced products remain heavily restricted from Chinese markets under U.S. export controls.
As AI increasingly becomes tied to:
Economic productivity
Military modernization
Cybersecurity
Financial systems
National competitiveness
semiconductor control is now viewed as a cornerstone of geopolitical power.
4. Global Supply Chains Could Become More Fragmented
The broader implication of Huawei’s announcement is that the world may be moving toward parallel technology ecosystems.
The United States and its allies continue tightening restrictions on advanced semiconductor exports, while China accelerates domestic alternatives through state-backed investment and industrial policy.
This growing divide may eventually reshape:
Global trade flows
AI development standards
Digital infrastructure
Currency systems tied to technological leadership
Strategic alliances
Why It Matters
The semiconductor race is no longer simply about consumer electronics. It is increasingly tied to the future structure of the global economy, financial systems, and geopolitical power.
Advanced chips now underpin:
Artificial intelligence
Banking infrastructure
Military systems
Quantum computing
Energy grids
Financial trading systems
Digital currencies and CBDCs
China’s ability to develop independent chip ecosystems reduces vulnerability to Western sanctions and strengthens Beijing’s long-term push for a more multipolar economic order.
At the same time, the United States is attempting to preserve its technological dominance through export controls, AI financing initiatives, and semiconductor alliances with partners such as Taiwan, Japan, and South Korea.
Why It Matters to Foreign Currency Holders
For foreign currency holders, the growing U.S.-China technology divide could have major long-term implications for the future global monetary system.
As nations increasingly compete for control over:
AI infrastructure
Semiconductor supply chains
Digital payment systems
CBDCs
Cross-border financial networks
the world may gradually shift away from a single dominant financial framework toward a more fragmented and multipolar system.
China’s push for technological self-sufficiency supports broader efforts by BRICS and Global South nations to reduce dependence on Western-controlled financial systems and the U.S. dollar.
If technological blocs continue forming, future trade settlements, reserve currency diversification, and digital payment infrastructure could increasingly align with competing geopolitical spheres.
For currency investors, these developments are important because technological leadership is becoming deeply connected to:
Economic strength
Currency stability
Global trade influence
Capital flows
The future structure of international finance
The semiconductor and AI race is no longer just about technology — it is increasingly becoming part of the larger global financial realignment now unfolding.
Implications for the Global Reset
Pillar 1: Technological Sovereignty
The world is increasingly fragmenting into competing technology blocs where nations seek control over their own:
Chips
AI infrastructure
Data systems
Payment rails
Digital currencies
Huawei’s breakthrough reflects China’s determination to avoid dependence on Western-controlled technologies.
Pillar 2: Economic and Financial Realignment
Semiconductor dominance increasingly influences:
Currency strength
Capital flows
Industrial competitiveness
Global investment patterns
AI-driven economic productivity
Countries leading the AI and semiconductor race may ultimately shape the next generation of global financial power structures.
Closing Perspective
The Huawei announcement may represent more than a semiconductor breakthrough — it could mark another step toward a divided global technology and financial system where innovation, AI infrastructure, and geopolitical power become inseparable.
As the U.S.-China rivalry deepens, the battle over advanced chips is rapidly becoming one of the defining forces shaping the future global order.
This is not just technology competition — it is the restructuring of economic power in real time.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Reuters — "Huawei Unveils New Chip Design Strategy Amid U.S.-China Tech Competition"
Modern Diplomacy — "Huawei Unveils Major Chip Design Breakthrough as China Pushes Past US Sanctions"
~~~~~~~~~~
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 Monday Afternoon 5-25-26
Oil Prices Plunge 6% On US-Iran Deal Progress
2026-05-25 Shafaq News Oil prices fell 6% to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal, even though they remain at odds over key issues, such as blockades on the Strait of Hormuz.
Brent crude futures fell $5.85, or 5.7%, to $97.69 a barrel by 0343 GMT, while U.S. West Texas Intermediate were at $90.85 a barrel, down $5.75, or 6%. Both contracts touched their lowest since May 7 earlier in the session.
Oil Prices Plunge 6% On US-Iran Deal Progress
2026-05-25 Shafaq News Oil prices fell 6% to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal, even though they remain at odds over key issues, such as blockades on the Strait of Hormuz.
Brent crude futures fell $5.85, or 5.7%, to $97.69 a barrel by 0343 GMT, while U.S. West Texas Intermediate were at $90.85 a barrel, down $5.75, or 6%. Both contracts touched their lowest since May 7 earlier in the session.
On Saturday, U.S. President Donald Trump said Washington and Iran had "largely negotiated" an understanding on a peace deal that would reopen the Strait of Hormuz, which had carried a fifth of global shipments of oil and liquefied natural gas before the conflict.
"Not withstanding all the caveats and risks that remain to the peace deal and Strait of Hormuz, there is now some light at the end of the tunnel, which will bring some near-term oil price relief," said MST Marquee analyst Saul Kavonic.
However, the two sides remain at odds on several difficult issues, with Trump saying on Sunday he had told his representatives not to rush into any deal with Iran.
"We've been at this stage before, only for talks to break down. Therefore, the market will likely be more cautious about overreacting," said Warren Patterson, head of commodities strategy at ING.
Analysts expect a return to normal oil flows through the strait will take months, while damaged oil and gas facilities are repaired.
"The longer the crisis stretches, the more debatable it becomes whether world leaders genuinely want a quick end to disruptions," said Phillip Nova analyst Priyanka Sachdeva.
U.S. energy firms responded to higher local energy prices by adding oil and natural gas rigs for the fifth week in a row, for the first time since February 2025.
The rig count, an early indicator of future output, rose by seven to 558 in the week to May 22, its highest since June 2025. Even so, Baker Hughes said the total count was still down eight rigs, or 1% below this time last year.
"Momentum indicators suggest markets are attempting to stabilise after last week’s aggressive selloff, but conviction remains weak," Sachdeva said.
(Reuters) https://www.shafaq.com/en/Economy/Oil-prices-plunge-6-On-US-Iran-deal-progress
Tanker With Iraqi Crude Clears Blocked Hormuz
2026-05-25Shafaq News- Strait of Hormuz Two tankers stranded for three months have transited the Strait of Hormuz using a route designated by Iran, Reuters reported on Monday, amid signs of progress in negotiations between Washington and Tehran.
The liquefied natural gas (LNG) carrier Fure Vyl and the oil tanker Eagle Verona were among the few large vessels to leave the Gulf through the “control zone” extending from the western edge of Iran’s Qeshm Island to a point east of Umm Al Quwain in the United Arab Emirates.
Owned by Japanese shipping company Mitsui O.S.K. Lines and carrying Qatari LNG, the Fure Vyl, is expected to unload its cargo in Pakistan on Tuesday. The Eagle Verona, chartered by a subsidiary of Chinese energy company Sinopec and loaded with Iraqi crude oil, is scheduled to arrive at China’s Ningbo port on June 12.
The strategic waterway has remained largely restricted since February 28 following the US–Israel war on Iran, disrupting energy flows and prompting Gulf producers, including Iraq —which routes roughly 95% of its oil exports through the corridor— to scale back shipments.
Baghdad had previously secured access to the passage after Iran granted “brotherly Iraq” an exemption from “any restrictions imposed on the Strait of Hormuz,” setting it apart from states Tehran considers hostile.
Read more: Iraq's oil lifeline blocked: Why the crisis runs deeper than Hormuz
https://www.shafaq.com/en/Economy/Tanker-with-Iraqi-crude-clears-blocked-Hormuz
Dollar Trades Higher In Baghdad, Lower In Erbil
2026-05-25Shafaq News- Baghdad/ Erbil The US dollar opened Monday’s trading mixed 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 153,300 dinars per 100 dollars, up from the previous session’s 153,250 dinars.
In the Iraqi capital, exchange shops sold the dollar at 153,750 dinars and bought it at 152,750 dinars, while in Erbil, selling prices stood at 152,850 dinars and buying prices at 152,700 dinars.
https://www.shafaq.com/en/Economy/Dollar-trades-higher-in-Baghdad-lower-in-Erbil
Gold Prices Climb In Baghdad And Erbil Markets
2026-05-25Shafaq News- Baghdad/ Erbil On Monday, gold prices hovered around 990,000 IQD per mithqal in Baghdad and Erbil markets, continuing their upward trend, according to Shafaq News Agency survey.
Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 985,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 981,000 IQD. The same gold had sold for 970,000 IQD on Sunday.
The selling price for 21-carat Iraqi gold stood at 955,000 IQD, with a buying price of 951,000 IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 985,000 and 995,000 IQD, while Iraqi gold sold for between 955,000 and 965,000 IQD.
In Erbil, 22-carat gold was sold at 1,025,000 IQD per mithqal, 21-carat gold at 980,000 IQD, and 18-carat gold at 840,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-climb-in-Baghdad-and-Erbil-markets-4-6-8
ISX Trading Value Jumps 958% In One Week
2026-05-25 Shafaq News- Baghdad The Iraq Stock Exchange (ISX) recorded more than 86 billion Iraqi dinars (roughly $56M) in trading value last week, marking a 958% increase compared with the previous week.
According to market data, 83.652 billion shares were traded worth 86.729 billion dinars, up 1.206% in volume from last week, through 5,718 transactions.
The ISX60 index closed at 944.57 points, reflecting a 0.46% increase from the previous session.
Investors traded shares of 67 companies, while 29 others saw no activity due to unmatched buy and sell orders. Eight companies remained suspended for failing to submit required disclosures.
Non-Iraqi investors purchased 54 million shares worth 143 million dinars through 53 transactions, while selling 748 million shares valued at 1 billion dinars through 138 transactions.
The Iraq Stock Exchange holds five trading sessions per week, from Sunday to Thursday, and includes 104 listed Iraqi joint-stock companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotel, and service sectors. https://www.shafaq.com/en/Economy/ISX-trading-value-jumps-958-in-one-week
Some “Iraq News” Posted by Tishwash at TNT 5-25-2026
TNT:
Tishwash: The Central Bank imposes a "harsh sorting" of banks... and the National Bank of Iraq raises its capital to 650 billion!
The National Bank of Iraq announced in an official statement the approval of increasing its capital to 650 billion Iraqi dinars, in a move that reflects accelerating trends within the Iraqi banking sector towards strengthening financial solvency and raising levels of compliance with regulatory standards.
According to the statement, this increase comes as part of a plan aimed at supporting the bank's ability to expand its operations, enhance customer confidence, and keep pace with changes in the financial environment within Iraq.
TNT:
Tishwash: The Central Bank imposes a "harsh sorting" of banks... and the National Bank of Iraq raises its capital to 650 billion!
The National Bank of Iraq announced in an official statement the approval of increasing its capital to 650 billion Iraqi dinars, in a move that reflects accelerating trends within the Iraqi banking sector towards strengthening financial solvency and raising levels of compliance with regulatory standards.
According to the statement, this increase comes as part of a plan aimed at supporting the bank's ability to expand its operations, enhance customer confidence, and keep pace with changes in the financial environment within Iraq.
In the same context, banking sources revealed to Al-Mustaqilla that the Central Bank of Iraq continues to impose increasing regulatory pressure on banks operating in the country, by setting high capital ceilings as a basic condition for the continuation of activity within the market.
The sources explained that the next phase may witness a real “reshuffling” of the banking sector, where only banks that raise their capital and adhere to strict compliance standards will be allowed to remain in the market, as part of a policy aimed at reducing risks and enhancing financial stability.
Observers believe that these moves reflect a new phase in the Iraqi banking system, the most prominent feature of which is restructuring and raising the requirements for continuity, which may push a number of banks to merge or reduce their activity if they are unable to keep up with these conditions link
************
Tishwash: Iraq and China discuss ways to enhance joint cooperation in the political, economic and cultural fields.
The Undersecretary of the Ministry of Foreign Affairs for Multilateral and Legal Affairs, Ambassador Shorsh Khalid Saeed, met today, Sunday, at the Ministry building, with the Ambassador of the People's Republic of China to Iraq, Cui Wei, on the occasion of the end of his diplomatic mission. They discussed ways to enhance joint cooperation in the political, economic, and cultural fields.
A statement from the Ministry of Foreign Affairs indicated that during the meeting, the course of bilateral relations between the Republic of Iraq and the People's Republic of China was reviewed, along with ways to strengthen joint cooperation in the political, economic, and cultural fields, as well as exchanging support and coordination in international organizations in a manner that serves the interests of the two friendly countries.
The two sides also discussed the security situation in the region, emphasizing the importance of supporting stabilization efforts and strengthening international cooperation to contribute to consolidating security and development.
The Undersecretary praised the role played by the Chinese Ambassador during his tenure in Iraq and his efforts in strengthening bilateral cooperation in various fields, particularly political, economic, and energy sectors, wishing him success in his future diplomatic endeavors.
For his part, the Chinese ambassador expressed his gratitude for the support he received during his tenure in Iraq, affirming that the new Chinese ambassador will continue working to promote China's vision of supporting stability and development in Iraq, as well as supporting the presence of Chinese companies and expanding investment opportunities in the Iraqi market. link
************
Tishwash: Government advisor: New financial strategy to raise non-oil revenues to 45%
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.
Saleh told Al-Furat News that “Prime Minister Ali Al-Zaidi, during the historic meeting with the Iraqi financial authority held on May 23, 2026, outlined a firm vision for building the future of public finance in the country,” explaining that “the new beginning came from a fundamental pillar represented by announcing the alternative path for public finance and Iraqi financial policy.”
He added that “diversifying public revenues and breaking dependence on the single resource of crude oil, and ending the Iraqi economy’s connection to the geopolitical risks of the energy market, has become a necessity that must be achieved,” noting that “the Strait of Hormuz shock has reaffirmed the importance of redrawing future maps by adopting economic and financial diversification.”
Saleh explained that “redesigning Iraq’s vision for the period 2020-2025 should be based on the principle of economic diversification based on a genuine partnership between the state and the productive private sector, while launching a suitable environment for a productive social market economy,” noting that “the plan aims to raise the contribution of non-oil revenues from less than 10% currently to about 45% as a first stage.”
He added that "achieving this percentage requires a fundamental shift in the philosophy of public finance, from merely distributing resources to operating and producing them, through establishing a strong relationship with the market economy based on institutions, efficiency and production."
Saleh pointed out that "the future Iraq must be based on the efficient diversification of budget resources and sources of GDP, in line with the national strategy for developing market forces and the private sector."
Saleh stressed that “transforming the general budget into a development action plan represents an important reform step in managing the national economy, because it moves it from a tool for distributing expenditures to a tool for directing development and achieving the state’s strategic goals.”
He added that "previous budgets were linked to operational spending, especially salaries and subsidies, which made the margin for developmental investment limited, while the new approach means moving to a model based on advance planning, setting priorities and measuring results."
Saleh continued, "This transformation requires a change in the philosophy of the state's management of public resources, so that the budget is based on programs and objectives and not just on traditional items, and that every dinar spent must have a tangible economic and social impact."
He pointed out that “involving the private sector in implementing development projects is a key element for the success of this approach, because it reduces the burden on the state, enhances implementation efficiency, and increases the dynamism of the economy,” stressing that “enhancing transparency and activating oversight and accountability are essential conditions to ensure the success of the plan.”
Saleh concluded by saying that “the success of this approach remains dependent on the ability of institutions to implement it effectively and not just to plan or announce it, because international experiences have proven that the real difference between successful plans and those that remain just ink on paper lies in the efficiency of management, the stability of decision-making, and the commitment to continuous reform.”
He explained that “linking the budget to a clear strategic vision and managing it with a results-based methodology can transform it into an effective development tool for building a more sustainable and diversified economy.” link
Tishwash: Experts: The Financial Stability Board contributes to supporting fiscal and monetary policies.
Financial and economic experts and specialists considered the formation of the Financial Stability Council by the government an important step towards supporting fiscal and monetary policies by maximizing revenues and protecting the national currency, while they stressed the importance of adopting comprehensive economic and structural reforms to achieve financial sustainability and diversify the national economy and revenues.
Unifying financial and monetary decisions
Economic expert Ahmed Al-Majidi told Al-Sabah: “The step of forming a Supreme Council for Financial Stability is one of the important steps at this time, because it reflects a trend towards unifying financial and monetary decisions within an institutional framework capable of facing current economic challenges, especially in light of fluctuations in oil prices and global and regional financial pressures.”
He added, “The presence of the Minister of Finance and the Governor of the Central Bank within the membership of the Council gives this formation great importance, because coordination between fiscal policy and monetary policy is essential for maintaining economic stability, protecting the value of the national currency, and enhancing confidence in the Iraqi economy.” He explained that “the Council can contribute to managing liquidity, controlling spending, maximizing non-oil revenues, in addition to supporting the banking and financial reforms needed in the next stage.”
Supporting the investment environment
He continued: "If the council is given clear powers and operates according to an integrated economic vision, it can form a real platform for making quick and effective decisions to confront crises, enhance financial stability, support the investment environment, and reduce the impact of economic shocks on the citizen and the local market."
For his part, economic researcher and academic Dr. Salem Al-Bayati told Al-Sabah: “One of the priorities of any country is to secure economic security in all its details, especially in formulating monetary and fiscal policy,” explaining that “the internal and external challenges facing the country require the state to set clear priorities for managing the current stage.”
Cash management and state funds
He added that "the government sought to provide the basic requirements for the citizen through managing the money and state funds, and despite the difficulties, it was able to secure a level of monetary stability and economic activity and maintain the citizen's purchasing power," noting that "these efforts are important solutions, but they still need integrated economic policies."
Al-Bayati pointed to “the need for the new government to adopt a comprehensive economic policy that includes fiscal and monetary policy, while supporting the independence of financial institutions and strengthening them with specialized personnel, especially since the government headed by Al-Zidi has taken an important step, which is the formation of a Supreme Council for Financial Stability, which will work to achieve a balance between the money coming into the state and what is being pumped into the markets in hard currencies, and this will lead to strengthening revenues and protecting the national currency.”
Developing productive sectors
He called for "developing various productive sectors to ensure food security, preserve the country's currency reserves, and control both local and foreign currencies." Al-Bayati emphasized the importance of "imposing oversight on border crossings and customs and preventing corrupt individuals from controlling public funds," stressing "the necessity of establishing and effectively implementing strict regulations and laws." He also called for "improving the financial situation by increasing production, providing diverse job opportunities, supporting the private sector, and utilizing the potential of young people in the agricultural, industrial, and service sectors, while adopting integrated policies that prevent conflicting projects and avoid creating new crises."
Geopolitical challenges
For his part, Dr. Ahmed Hadhhal, a professor of economics and financial expert, told Al-Sabah newspaper: “Iraq’s financial situation is facing exceptional and complex pressures as a result of geopolitical challenges, fluctuations in energy markets, and disruptions to international trade, in addition to chronic structural imbalances linked to near-total dependence on oil revenues.” He explained that “the government, the Ministry of Finance, and the Central Bank have managed over the past two months to manage the situation with a degree of financial and monetary containment by maintaining the stability of salaries and sovereign spending, securing the market’s needs for foreign currency and basic commodities, and preventing rumors from escalating into widespread monetary instability.”
Regular government funding
He added that "the Central Bank continued to manage monetary stability, the exchange rate, and control liquidity and inflation levels, while the Ministry of Finance succeeded in maintaining regular government financing despite increasing pressures on the general budget."
Hathal explained that "the current stage requires moving from traditional budget management to comprehensive economic crisis management based on sustainability and fiscal discipline," calling for "restructuring public spending and activating electronic systems for financial management, taxes, customs and collection to reduce waste and corruption and maximize non-oil revenues."
Controlling operating expenses
He pointed to the importance of "controlling unproductive operating expenses and directing resources towards productive and strategic sectors, while adopting conservative oil prices and expanding organized domestic financing tools such as treasury bills and investment bonds."
He stressed that "improving Iraq's financial situation in the medium and long term requires a comprehensive structural reform to diversify the economy and increase the contribution of agriculture, industry, energy and logistics to the gross domestic product, in addition to developing the investment environment and partnership with the private sector."
He concluded by saying, "The real challenge is not limited to financing the current budget, but rather lies in building a state capable of achieving financial and economic sustainability and protecting the social and economic security of future generations." Prime Minister Ali Faleh al-Zaidi had chaired the first meeting of the Financial Stability Council.
The Prime Minister's Media Office stated in a press release that "Prime Minister Ali Faleh al-Zaidi chaired the first meeting of the Financial Stability Council, which was included in the ministerial program, and which included the Minister of Finance and the Governor of the Central Bank of Iraq." Al-Zaidi emphasized "the importance of achieving financial stability due to its developmental and economic impacts," noting "the necessity of close coordination between the Central Bank and the Ministry of Finance, and the need to make financial decisions that support stability, which will positively impact the government's development, service, and economic plans link
News, Rumors and Opinions Monday 5-25-2026
KTFA:
Clare: Al-Fayez told Al-Furat News: There is complete agreement to finalize Al-Zidi's cabinet after Eid in an emergency session.
5/24/2026
The head of the parliamentary Design Alliance bloc and leader of the coordination framework, Amer Al-Fayez, revealed a complete agreement to finalize the appointment of the Ministers of Defense, Interior and the rest of the ministries that are run by acting ministers after the Eid al-Adha holiday.
KTFA:
Clare: Al-Fayez told Al-Furat News: There is complete agreement to finalize Al-Zidi's cabinet after Eid in an emergency session.
5/24/2026
The head of the parliamentary Design Alliance bloc and leader of the coordination framework, Amer Al-Fayez, revealed a complete agreement to finalize the appointment of the Ministers of Defense, Interior and the rest of the ministries that are run by acting ministers after the Eid al-Adha holiday.
Al-Fayez told Al-Furat News Agency: “There is a complete agreement to name the ministers after Eid; however, the House of Representatives will enter its legislative holiday after Eid, which necessitates holding an emergency session with a full quorum to name the ministers.”
He added, "If the session does not convene due to most MPs traveling or performing the Hajj pilgrimage, this matter will be resolved after the end of the legislative recess."
Al-Fayez added that "the management of the two ministries by an acting minister does not affect their essential work, as they are managed by the Prime Minister himself, with the support of advanced staff capable of managing the files until the ministers are officially appointed."
Raghid LINK
Henig: Chairman of the Investment Authority: Expected amendments will increase the volume of investment in Iraq
Yesterday, 13:44
Baghdad – Waei – Muhammad Talbi The head of the National Investment Authority, Haider Makiya, announced today, Saturday, that the volume of investments in Iraq reached $114 billion, stressing that there are expected amendments that will increase the volume of final investment in the country, while he indicated the preparation of a climate investment plan that included five vital sectors.
Makiya told the Iraqi News Agency (INA): "The volume of foreign investments amounted to 67 billion dollars, while the volume of local investments amounted to 47 billion dollars, so the total investments amounted to about 114 billion dollars," stressing that "there are expected adjustments to the capital that will increase the amounts of the investment volume."". .
He added, "The Authority worked on preparing the climate investment plan, which included studying five sectors: renewable energy, agriculture, industry, water, and innovations," indicating that "all ministries participated in the plan, as the studies were conducted during the period from April to September 2024, then its summary was prepared and submitted to the former Prime Minister in January 2025, and was approved in February of the same year, and was circulated to all ministries."".
He explained that "a copy of the plan is available at the Ministry of Planning, and includes a number of projects to address the effects of climate change and water scarcity, in addition to providing investment opportunities supported by international funding, which encourages local and foreign investors to enter the Iraqi market."".
He continued: "The plan was also circulated to all embassies and diplomatic missions, with the aim of promoting the proposed investment projects and providing the opportunity for foreign companies to apply for them and implement them on the ground"".
https://ina.iq/ar/economie/263993-.html
**********
Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram The UK, Germany, and Switzerland are all making financial commitments with and to Iraq...This is great.
Jeff The budget is dependent on the rate changing. Why? Because the budget is calculated off the currency value. The budget is a law. In order to approve a law, all aspects of it have to exist, such as the currency value that it was calculated off of...In order for the government to get the budget approved, the rate has to exist...
RossFinancial disclosures in Iraq are moving faster and with more immediate emphasis than typical under the new government. Ask yourself why that is...there seems to be a bit of a rush going on with Iraq’s new government…Kinda like IQD has been coiled up for a while. Don’t be surprised ...to see real, unstoppable, lightning-speed progress on a daily basis.
Central Banks Caught Buying 70% More Gold Than Reported
Taylor Kenny: 5-24-2026
Something unusual is happening in the gold market. Central banks may be buying far more gold than official data shows—and Goldman Sachs just exposed a major reporting gap.
CHAPTERS:
00:00 Central Banks Are Secretly Buying More Gold
00:30 Goldman Sachs Uncovers the Gold Reporting Gap
01:25 Why London Gold Vaults Matter
02:22 The 70% Hidden Gold Buying Loophole
03:48 Who Is Behind the Missing Gold?
04:46 China, BRICS, and the Shift Away From the West
06:09 Why Gold Has No Counterparty Risk
08:26 What This Means for the Dollar and Your Savings
Iraq Economic News and Points To Ponder Monday Morning 5-25-26
Iraq And Saudi Arabia Strengthen Their Partnership In Combating Corruption And Recovering Stolen Funds.
Money and Business Economy News – Baghdad The Federal Integrity Commission and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia discussed on Monday mechanisms to enhance cooperation in the field of asset recovery and corruption crimes.
Iraq And Saudi Arabia Strengthen Their Partnership In Combating Corruption And Recovering Stolen Funds.
Money and Business Economy News – Baghdad The Federal Integrity Commission and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia discussed on Monday mechanisms to enhance cooperation in the field of asset recovery and corruption crimes.
A statement issued by the Commission and received by “Al-Eqtisad News” stated that “the Federal Integrity Commission held joint dialogues with the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia to discuss mechanisms for enhancing cooperation in the field of recovering funds obtained from corruption crimes, within the framework of the memorandum of understanding concluded between the two sides, which reflects the growing Iraqi-Saudi relations and the development of joint cooperation in combating corruption to confront this cross-border phenomenon.”
During the events, which were attended by a group of employees from the Authority and the Oversight and Anti-Corruption Authority in the Kingdom of Saudi Arabia, the Authority affirmed that “cooperation between Iraq and the Kingdom of Saudi Arabia is witnessing increasing development in the field of preventing and combating corruption, and exchanging technical and legal expertise.”
She called for "forming an effective international alliance to 'break the restrictions' and obstacles to recovering funds and wanted persons, by overcoming obstacles such as differences in legislation and legal systems, banking secrecy, dual nationality, and immigration and asylum problems."
For his part, the Director General of the Recovery Department, according to the statement, reviewed “the most prominent successful recovery operations achieved by Iraq,” indicating that “among them is the recovery of tens of millions of dollars from Switzerland belonging to funds seized before 2003 by an element of the former regime, after he exploited the Oil-for-Food Program and tried to disguise the sources of the funds and register them in his name.”
He explained that “investigations, inquiries, and coordination with several national and international bodies contributed to the recovery of those funds, while he revealed the existence of near-final understandings with one of the Arab countries to recover funds obtained from theft and embezzlement operations that were smuggled to two countries by one of the convicted women, belonging to one of the institutions of the Iraqi state.”
The statement added that "the participants in the dialogues, which took place via an electronic circuit, made interventions and discussions about the most prominent obstacles to recovery, and ways to benefit from international organizations specializing in providing support and assistance in this field, while emphasizing the importance of bilateral memoranda of understanding, especially with the States Parties to the UN and Arab Conventions against Corruption, and the need to expand openness and cooperation between sister countries to organize meetings and specialized events related to integrity, preventing and combating corruption." https://www.economy-news.net/content.php?id=69519
Iraq Has Been Off The List Of Gold Buyers Since The Beginning Of 2026
Money and Business Economy News – Baghdad Iraq did not record any new gold purchases during 2026, despite a number of central banks around the world continuing to increase their holdings of the precious metal.
Iraq holds a reserve of 174.6 tons of the precious metal, placing it 28th globally among the largest countries possessing gold reserves.
Poland topped the list of the world's largest gold buyers this year, adding more than 20 tons to its reserves by the end of February, as part of a long-term plan to raise its stock to 700 tons, driven by growing security concerns on NATO's eastern front.
According to data from the World Gold Council, which was reviewed by "Al-Eqtisad News", Uzbekistan came in second place with an addition of 16.48 tons, followed by Kazakhstan with 6.51 tons, while other countries recorded limited increases, including Malaysia, China and the Czech Republic.
In contrast, some countries resorted to selling part of their gold reserves, with Russia topping the list of sellers with a net decrease of 15.55 tons, followed by Turkey with a reduction of 8.08 tons, amid financial pressures and internal economic challenges.
Experts noted that the increasing global demand for gold reflects a growing trend to diversify reserves away from the US dollar, especially after the freezing of about $300 billion of Russian central bank assets in 2022, which prompted a number of emerging economies to strengthen gold as a reserve asset less vulnerable to geopolitical fluctuations and financial sanctions.
https://www.economy-news.net/content.php?id=69518
Türkiye Announces Its Intention To Increase The Trade Volume With Iraq To $30 Billion Annually.
Money and Business Economy News – Baghdad The Turkish ambassador to Baghdad, Anil Bora Inan, confirmed his country’s desire to raise the volume of trade with Iraq to $30 billion annually.
According to the official newspaper, Inan said, "Turkey has a principled approach to its relations with Iraq, regardless of regional developments, especially with regard to trade and economic ties based on mutual interests.
With its strong private sector, investment potential, and advanced expertise in key industries such as defense, it is well-positioned to help Iraq expand its economic base, actively support the development corridor project, and strengthen Iraq's links to international transport networks. Turkey is already playing an important role in supporting the Iraqi economy."
The ambassador described Iraq as "one of the leading trading partners in the region, with Turkey's total exports to Iraq exceeding US$12.3 billion in 2025, and we aim to increase the volume of trade between the two countries to at least US$30 billion in the coming period," noting that "Iraq is Turkey's fifth largest export partner and the third largest market for our contracting sector."
He said: “Turkey continues to work with the Iraqis to develop and strengthen trade relations on a sustainable and institutional basis that we believe will provide a safety net against ups and downs,” noting that “the two countries have cooperated on the Development Road project, which is expected to contribute to regional and international supply chains, facilitate trade exchange and stimulate economic growth, as they have formed joint permanent committees in many economic fields.
Therefore, developing Turkey’s trade with Iraq, maximizing the volume of bilateral trade, and ensuring trade flow has always been, and will remain, among the primary objectives.” https://www.economy-news.net/content.php?id=69516
Kurdistan Finance Ministry Deposits 50 Billion Dinars In "Non-Oil Revenues" Into Baghdad's Account
Money and Business Economy News – Baghdad The Ministry of Finance and Economy of the Kurdistan Regional Government announced on Monday that it had deposited 50 billion dinars in "non-oil revenues" for the month of May into the account of the Federal Ministry of Finance.
The ministry stated in a statement received by “Economy News”, that “a decision was issued by the ministry to deposit an amount of (50,000,000,000) dinars as non-oil revenues for the region for the month of May, in cash into the bank account of the Ministry of Finance in the federal government at the Erbil branch of the Central Bank of Iraq.”
https://www.economy-news.net/content.php?id=69514
Bloomberg: UAE Ships Resort To "Dark Passage" Through The Strait Of Hormuz
Arabic and international Economy News - Follow-up Bloomberg noted that ADNOC's ships and tankers resorted to a "dark passage" through the Strait of Hormuz, bypassing the Iranian and American navies by ceasing to transmit their signals during the crossing.
Bloomberg reported that Abu Dhabi National Oil Company (ADNOC) is quietly transporting oil and gas shipments using its own fleet, bypassing both the Iranian navy and US warships.
The agency confirmed that ADNOC is quietly working to transport oil and gas shipments from the Gulf region to its energy-poor customers.
Based on practices that include "dark passage"—ships sailing through the Strait of Hormuz with their transponders switched off—ADNOC has proven to be one of the most successful producers in getting supplies out of the Middle East, according to tracking data, traders, and sources familiar with the matter, as reported by Bloomberg.
Satellite data shows that the company's LNG carriers stop at Das Island, the export facility located within the Gulf, where empty tankers head towards the eastern entrance of the strait near Fujairah anchorage and stop transmitting their signals before crossing the waterway to load their cargoes. https://www.economy-news.net/content.php?id=69521
Seeds of Wisdom RV and Economics Updates Monday Morning 5-25-26
Good Morning Dinar Recaps,
Global Reset Signals Intensify as Hormuz Deal Hopes Shake Oil, Currency, and Financial Markets
Growing optimism around a possible U.S.–Iran framework agreement is already reshaping oil prices, currency markets, and global financial expectations as investors brace for a major geopolitical and economic transition.
Good Morning Dinar Recaps,
Global Reset Signals Intensify as Hormuz Deal Hopes Shake Oil, Currency, and Financial Markets
Growing optimism around a possible U.S.–Iran framework agreement is already reshaping oil prices, currency markets, and global financial expectations as investors brace for a major geopolitical and economic transition.
Overview
Markets around the world reacted sharply today as reports emerged that the United States and Iran are moving closer toward a broader framework agreement tied to reopening the Strait of Hormuz. The possibility of restored energy flows immediately pushed oil prices lower, weakened the U.S. dollar, and boosted global equities.
At the same time, analysts warn the negotiations represent far more than a temporary ceasefire discussion. The crisis has accelerated global debates over energy security, reserve currencies, trade corridors, sanctions power, and the future structure of international finance.
The Strait of Hormuz remains one of the world’s most important energy chokepoints, handling roughly one-fifth of global oil shipments. Any lasting agreement could dramatically alter inflation expectations, central bank policy, and geopolitical alignment across both Western and BRICS economies.
Key Developments
1. Oil Prices Fall as Markets Price in Hormuz Reopening
Brent crude fell sharply below $100 per barrel after optimism grew around a potential agreement to reopen the Strait of Hormuz. Investors interpreted the negotiations as a possible turning point for global energy stability after months of supply disruptions and shipping fears.
Lower oil prices immediately eased inflation concerns that had been pressuring central banks and bond markets worldwide. Analysts noted that a stable Hormuz corridor could help reduce energy-driven inflation shocks that have destabilized global economies throughout 2026.
2. U.S. Dollar Weakens While Global Risk Appetite Returns
Currency markets reacted quickly as traders reduced safe-haven dollar positions and moved back into equities and risk-sensitive assets. The euro, British pound, Australian dollar, and Asian markets all strengthened as fears of a prolonged Gulf energy crisis temporarily eased.
The move reflects how deeply geopolitical instability has become tied to global monetary conditions. Higher oil prices had strengthened expectations of prolonged high interest rates, but falling energy prices are now reviving speculation that central banks may regain flexibility later this year.
3. Financial Markets Shift Focus Toward Multipolar Energy Diplomacy
While no final deal has been officially signed, reports indicate both Washington and Tehran are discussing a framework tied to shipping access, ceasefire extensions, and future nuclear negotiations.
The negotiations increasingly involve regional powers including Pakistan, Qatar, and China, reflecting a broader shift away from unilateral Western crisis management toward a more multipolar diplomatic structure.
This trend is especially significant for the evolving global financial system because energy trade routes, sanctions enforcement, and currency settlement systems are becoming increasingly politicized and fragmented.
4. Rare Earth and Strategic Supply Chain Pressures Continue Rising
Alongside the Middle East negotiations, G7 economies continue accelerating efforts to reduce dependence on China for rare earth minerals and critical industrial supply chains.
Global leaders increasingly view energy security, mineral access, artificial intelligence infrastructure, and payment systems as interconnected pillars of economic power. This restructuring is contributing to the gradual emergence of competing financial and industrial blocs worldwide.
Why It Matters
The global financial system is entering a period where geopolitics increasingly drives monetary policy, trade flows, and capital allocation.
The Hormuz negotiations demonstrate how quickly military conflict can reshape inflation expectations, bond yields, currency values, and investor confidence across the world economy.
At the same time, the growing involvement of China, BRICS-aligned diplomacy, and alternative trade structures suggests the international system is steadily evolving away from a purely U.S.-centered financial order toward a more fragmented and multipolar framework.
Why It Matters to Foreign Currency Holders
Foreign currency holders are closely watching developments in energy markets, sanctions policy, and trade settlement systems because these factors increasingly influence currency stability and reserve asset confidence.
A reopening of Hormuz could temporarily stabilize inflation and ease market volatility, but the broader shift toward regional trade blocs, strategic resource competition, and alternative settlement mechanisms continues accelerating underneath the surface.
Many analysts believe these developments represent early structural changes that could reshape global reserve systems, cross-border payment networks, and commodity-backed trade arrangements over the coming decade.
Implications for the Global Reset
Pillar 1: Energy Corridors Are Becoming Financial Weapons
The Strait of Hormuz crisis demonstrated how control over shipping lanes can directly affect inflation, currencies, sovereign debt markets, and central bank policy.
Pillar 2: Multipolar Financial Structures Continue Expanding
China, BRICS nations, Gulf states, and regional intermediaries are playing larger roles in diplomacy, trade settlement, and economic coordination, signaling a continued shift away from singular Western financial dominance.
Pillar 3: Markets Are Increasingly Driven by Geopolitical Risk
Investors are now reacting to diplomacy, sanctions, shipping routes, and military positioning as much as traditional economic indicators, reflecting a deeper structural transformation in the global financial landscape.
This is not just geopolitics — it is the restructuring of the global financial order happening in real time.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
🌱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 Late Sunday Evening 5-24-26
The Dinar Is Under Test During Crises... Will The Central Bank Succeed In Protecting The Market From Economic Storms?
Baghdad Today – Baghdad Economic and financial affairs expert Nasser Al-Tamimi confirmed on Sunday (May 24, 2026) that the ability of the Central Bank of Iraq to stabilize the exchange rate of the dinar is directly linked to the size of foreign reserves and the efficiency of monetary policy management.
Al-Tamimi told Baghdad Today that the Central Bank currently has effective tools to contain pressures on the market, most notably managing the currency sale window, regulating foreign transfers, and direct intervention through cash reserves.
The Dinar Is Under Test During Crises... Will The Central Bank Succeed In Protecting The Market From Economic Storms?
Baghdad Today – Baghdad Economic and financial affairs expert Nasser Al-Tamimi confirmed on Sunday (May 24, 2026) that the ability of the Central Bank of Iraq to stabilize the exchange rate of the dinar is directly linked to the size of foreign reserves and the efficiency of monetary policy management.
Al-Tamimi told Baghdad Today that the Central Bank currently has effective tools to contain pressures on the market, most notably managing the currency sale window, regulating foreign transfers, and direct intervention through cash reserves.
Countering market pressures with monetary tools
He explained that “the stability of the exchange rate does not depend solely on financial abundance, but also on the ability of the central bank to achieve a balance between the local demand for the dollar and the size of its supply, in addition to strengthening confidence in the banking sector and regulatory procedures.”
He noted that “the current foreign reserves give the central bank a good margin for maneuver in the face of any future pressures,” but stressed at the same time that the continuation of this stability remains linked to the state’s ability to control public spending and diversify sources of revenue away from near-total dependence on oil.
Why is the government insisting on not devaluing the dinar?
Al-Tamimi added that “the government’s and monetary insistence on not reducing the value of the dinar has important economic and social dimensions, as it contributes to reducing inflation waves and preserves the purchasing power of citizens, especially with the Iraqi market’s extensive reliance on imported goods.”
He noted that this approach “may help to calm public fears in the short term, but it may open the door to speculation if it is not accompanied by clear economic messages and financial reforms that enhance market confidence.”
A message of reassurance to investors and markets
He stressed that “the decision to fix the exchange rate sends reassuring messages to investors and foreign companies that Iraq is striving to maintain a stable and predictable monetary environment,” noting that “the international community usually views currency stability as an indicator of a country’s ability to manage financial and monetary balances, which is reflected positively in its credit rating and the confidence of international institutions.”
Ongoing threats to the Iraqi economy
Regarding external factors, Al-Tamimi explained that “the Iraqi economy remains highly sensitive to fluctuations in oil prices, as it is the main source of public revenues,” warning that “any sharp and continuous decline in global oil prices could put pressure on both public finances and the exchange rate.”
He also noted that “regional tensions and turmoil in global markets could affect dollar flows and trade,” stressing the need for monetary and financial authorities to maintain comfortable levels of foreign reserves, while adopting proactive policies to avoid any future pressures that might lead to a devaluation of the dinar.
The Iraqi economy relies mainly on oil revenues, which constitute the largest share of the general budget, making the stability of the exchange rate closely linked to global oil prices and the level of foreign reserves at the central bank.
Observers believe that any regional disturbances or a decrease in oil revenues directly affect local markets, given Iraq’s heavy reliance on imports to secure food, goods, and basic commodities, which makes the stability of the dinar a sensitive economic and social issue that directly affects the lives of citizens. https://baghdadtoday.news/299898-.html
Iraq Enters 16th Month Without Budget As 4,500 Projects Stall
2026-05-24 / Shafaq News Iraq entered its 16th consecutive month without approving a federal budget while more than 4,500 projects remain suspended across the country, exposing widening strains on public finances, investment planning, and essential services.
The stalled projects include hospitals, schools, bridges, tunnels, water networks, and sewage infrastructure, some frozen since 2014, according to parliamentary Services Committee member Safaa al-Jabri, who warned that delays are increasingly affecting critical sectors such as healthcare and education.
“The current situation requires urgent intervention,” al-Jabri told Shafaq News, calling for a “realistic” 2027 budget focused primarily on unfinished and service-related projects rather than “traditional expenditure-based budgeting.”
The prolonged delay has left Iraq operating without a formally approved federal budget since the expiration of the country’s three-year budget cycle for 2023–2025, pushing state institutions deeper into temporary financing mechanisms and limiting the government’s ability to launch new investments.
Under Iraqi law, the government was required to submit the 2025 budget schedules to parliament before the end of 2024. Yet from January 2025 through May 2026, lawmakers neither voted on nor formally ratified the budget tables, leaving ministries and provinces dependent on restricted spending allocations carried over from previous fiscal periods.
Read more: Iraq’s budget: political fiscal gaps threaten national stability in 2025
Prime Minister’s economic adviser Mudhir Mohammed Saleh said Iraq had effectively exited the three-year budget cycle at the end of December 2025 and was now operating under the Financial Management Law No. 6 of 2019. That mechanism allows spending based on the “1/12 rule,” enabling the government to finance salaries and operational expenses through monthly allocations equivalent to one-twelfth of previous annual expenditures.
Saleh told Shafaq News that the arrangement has so far prevented a complete financial breakdown by allowing the continuation of salaries, basic operational spending, and funding for projects already close to completion.
However, he stressed that the system blocks the launch of new strategic or investment projects without parliamentary approval of a new federal budget.
“The budget is no longer just a technical financial instrument; it has become a tool for economic stability and absorbing external shocks.” He linked the growing fiscal pressure to escalating geopolitical risks in the Gulf, particularly fears surrounding maritime trade disruptions and what he described as the “Hormuz shock,” referring to threats facing oil exports through the Strait of Hormuz.
The political deadlock surrounding the budget also remains unresolved. Finance Committee member Rebar Karim told Shafaq News that passing the 2026 federal budget depends on the formation of the next government and the submission of its program to parliament.
Karim said the committee was prepared to review and approve the budget “within a short timeframe” once the government submits the draft law, adding that parliament had received assurances there was currently no liquidity crisis and that public-sector salaries remained secured for the coming months.
Economic and financial expert Safwan Qusay argued that the crisis extends beyond procedural delays in passing a budget and instead reflects broader vulnerabilities in Iraq’s economic model. “The real challenge is declining oil revenues and the state’s diminishing ability to finance operational spending,” Qusay told Shafaq News.
He called for expanding partnerships with the private sector to reduce pressure on the public payroll system, proposing that some government-run sectors shift toward private operation models while maintaining state ownership. Qusay also urged Iraq to diversify its export routes away from excessive reliance on Gulf shipping corridors, pointing to alternative outlets through Aqaba, Baniyas, and Ceyhan, alongside expanded land transport options.
Read more: What does Iraq's new government promise? A guide to Ali Al-Zaidi's ministerial program
The warnings come amid escalating Gulf tensions and growing fears over disruptions to oil flows through the Strait of Hormuz, which carries around 20% of global oil supplies.
Qusay also warned that weak non-oil exports and heavy import dependence continue to pressure Iraq’s foreign currency reserves and exchange-rate stability, calling for closer coordination between fiscal and monetary policy.
The absence of a budget has also intensified concerns over employment and recruitment, with ministries unable to move forward on large-scale hiring or development plans under temporary spending rules.
The debate comes as Prime Minister Ali al-Zaidi’s government attempts to frame its upcoming fiscal agenda around economic reform, diversification of state revenues, and reduced dependence on oil income. Al-Zaidi has recently pledged that the next budget will prioritize productive and service-oriented projects while tightening spending controls, combating corruption, and expanding job opportunities.
Read more: Liquidity shortage delays Iraqi salaries: Experts warn of prolonged financial strain
https://shafaq.com/en/Report/Iraq-enters-16th-month-without-budget-as-4-500-projects-stall
Central Bank Governor: Banking Reform Is Receiving Direct Attention From The Prime Minister
Baghdad – WAA The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Tuesday that there is no intention to reduce the exchange rate of the dinar against the dollar. While denying the existence of any American embargo on Iraqi funds, he indicated that the banking reform file is receiving direct attention from Prime Minister Ali Al-Zubaidi.
Al-Alaq told a number of journalists, as reported by the Iraqi News Agency (INA), that “there is no intention to reduce the exchange rate of the dinar against the dollar, and we will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and securing salaries,” noting that “the cash reserves are currently being invested in several countries, and there is no American embargo on Iraqi funds.”
He added that "the US Treasury and the Federal Reserve praise the role of the central bank," noting that "the central bank provides dollars to travelers and traders at the official rate."
He explained that "most banks have reached the stage of merger or liquidation, and only one or two banks remain that are unable to continue," stressing that "the banking reform file is receiving direct attention from the Prime Minister, and there is an expected meeting in the coming days with the Federal Reserve and the US Treasury Department."
He confirmed that he "directly oversees the banking reforms file, and the banks concerned and the consulting firm have made significant progress in implementing the reform requirements," noting that "a meeting is expected in the coming days that will bring together Oliver Wyman and the Central Bank of Iraq with the US Federal Reserve and the US Treasury Department."
He added: “The meeting will pave the way for the transition to dealing in other foreign currencies for banks that have completed all the required requirements and procedures,” noting that “there is no truth to what is being said about the Central Bank obstructing banking reforms, and our interest lies in the return of the deprived banks to activity as quickly as possible.”
He concluded by saying: "The media has a major role, and the international community is watching with interest what is being said by parliamentarians, analysts, and local media." https://ina.iq/ar/economie/263703-.html
Iraq's PM Commits To Equal Salary Funding And Oil Guarantees For Kurdistan Region
2026-05-24 Shafaq News- Baghdad/ Erbil The Iraqi government has issued direct instructions to the Finance Ministry to fund Kurdistan Region civil servant salaries on equal terms with the rest of Iraq, the head of the Diwan of the Kurdistan Region Council of Ministers confirmed Sunday, disclosing the substance of talks between KRG Prime Minister Masrour Barzani and federal Prime Minister Ali al-Zaidi in Baghdad.
Omed Sabah, who accompanied Barzani's delegation, told reporters the meetings addressed six priority files: employee salaries, non-oil internal revenues, oil export mechanisms, the return of foreign oil companies, dam projects, and the rollout of the ASYCUDA automated customs system at border crossings.
On salaries, Sabah said al-Zaidi personally informed Barzani that he had issued instructions to the federal Finance Ministry to release Kurdistan Region payroll funding regularly and without discrimination —a long-contested point between Baghdad and Erbil that has repeatedly disrupted public sector payments in the region.
On the oil file, foreign companies operating in Kurdistan had demanded formal security guarantees from Baghdad following recent attacks targeting oilfields in the region. Al-Zaidi, according to Sabah, gave those guarantees personally.
A high-level delegation from the KRG Ministry of Natural Resources, accompanied by representatives of the foreign oil companies, is also scheduled to travel to Baghdad after the Eid al-Adha holiday to negotiate the terms of resuming exports and reach a final agreement, Sabah said.
Shiite Coordination Framework lawmaker Mukhtar al-Moussawi, speaking from the federal side, described the talks as achieving "notable progress" and reflecting "a shared political will" to stabilize ties and support al-Zaidi's government. He did not rule out a "new phase" of cooperation with Erbil if the current momentum holds.
The Baghdad talks also brought Barzani before Parliament Speaker Haibet al-Halbousi, Supreme Judicial Council President Faiq Zaidan, and State of Law coalition head Nouri al-Maliki.
The KDP, the dominant party in the Kurdistan Region, backed al-Zaidi's nomination as prime minister earlier this year and secured commitments from him to resolve outstanding Baghdad-Erbil disputes, guarantee the region's constitutional budget share, and implement Article 140 (HCL) of the Iraqi constitution, the long-stalled provision governing the status of disputed territories, including the oil-rich province of Kirkuk.
Read more: Into2026, Baghdad and Erbil face the same disputes—with higher stakes