Seeds of Wisdom RV and Economics Updates Sunday Afternoon 7-5-26
Good Afternoon Dinar Recaps,
Iran and Qatar Resume Maritime Trade as Strait of Hormuz Shipping Returns Toward Normal
Iran and Qatar have officially resumed maritime trade after a five-month suspension, marking another sign of improving regional stability following months of conflict. The reopening supports broader efforts to restore commercial shipping through the Strait of Hormuz while ongoing U.S.-Iran technical negotiations continue in Doha.
Good Afternoon Dinar Recaps,
Iran and Qatar Resume Maritime Trade as Strait of Hormuz Shipping Returns Toward Normal
Iran and Qatar have officially resumed maritime trade after a five-month suspension, marking another sign of improving regional stability following months of conflict. The reopening supports broader efforts to restore commercial shipping through the Strait of Hormuz while ongoing U.S.-Iran technical negotiations continue in Doha.
Overview
Iran and Qatar have resumed maritime trade after a five-month interruption caused by regional conflict.
Shipping activity through the Strait of Hormuz is steadily returning as diplomatic efforts continue.
The development could improve regional energy exports, trade flows, and supply chain stability across the Gulf.
Key Developments
1. Maritime Trade Officially Resumes
Iran and Qatar have restarted maritime trade following a five-month hiatus that resulted from the 2026 regional conflict. The reopening restores an important commercial route linking Gulf economies and represents another step toward rebuilding normal economic activity.
2. Strait of Hormuz Traffic Continues Recovering
Commercial shipping through the Strait of Hormuz has continued to improve as security conditions stabilize. The return of more regular vessel traffic is helping restore confidence in one of the world's most strategically important energy corridors.
3. Diplomacy Supports Economic Recovery
The resumption of trade comes alongside ongoing indirect technical negotiations between the United States and Iran in Doha, where officials continue working toward a longer-term agreement covering maritime security and navigation through the Strait of Hormuz.
4. Energy and Supply Chains Benefit
As shipping operations normalize, regional energy exports and commercial supply chains are expected to become more reliable. Improved maritime logistics could help reduce transportation costs while supporting international trade across the Gulf region.
Why It Matters
The reopening of maritime trade demonstrates how diplomatic progress can quickly translate into economic recovery. Restoring commercial shipping through the Strait of Hormuz strengthens confidence in global energy markets while helping reduce uncertainty for international businesses and investors.
Why It Matters to Foreign Currency Holders
Energy exports, global trade flows, and shipping stability influence inflation, commodity prices, and currency markets worldwide. Continued improvements in Gulf trade routes support broader financial stability, which remains important for investors monitoring international monetary developments.
Implications for the Global Reset
Pillar 2 – Trade
The resumption of maritime commerce strengthens one of the world's most important international trade corridors, improving supply chains and supporting the gradual normalization of global commerce.
Pillar 5 – Energy
A more stable Strait of Hormuz improves the reliability of global oil and liquefied natural gas shipments, supporting energy security while reducing risks to international markets.
Future Outlook
The restoration of maritime trade between Iran and Qatar represents another positive milestone in the broader regional recovery, but lasting stability will depend on continued diplomatic progress. Negotiations surrounding the long-term management of the Strait of Hormuz remain central to ensuring uninterrupted commercial navigation and energy exports. If current talks continue advancing, Gulf trade and shipping activity could steadily return to pre-conflict levels, supporting global economic confidence.
This is not just about two countries resuming trade—it reflects broader efforts to restore one of the world's most critical energy and shipping corridors, strengthening global commerce, supply chains, and economic stability.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Crypto Briefing – Iran and Qatar Resume Maritime Trade After Five-Month Hiatus
Reuters – Coverage of U.S.-Iran diplomacy, Gulf shipping, and Strait of Hormuz developments
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Iraq Economic News and Points To Ponder Sunday Afternoon 7-5-26
USD/IQD Dips Below 154,000 In Baghdad And Erbil
2026-07-05 03:44 Shafaq News- Baghdad/ Erbil The US dollar opened Sunday’s trading lower in Iraq, hovering around 154,000 dinars per 100 dollars.
According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,900 dinars per 100 dollars, down from the previous session’s 154,250 dinars.
USD/IQD Dips Below 154,000 In Baghdad And Erbil
2026-07-05 03:44 Shafaq News- Baghdad/ Erbil The US dollar opened Sunday’s trading lower in Iraq, hovering around 154,000 dinars per 100 dollars.
According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 153,900 dinars per 100 dollars, down from the previous session’s 154,250 dinars.
In the Iraqi capital, exchange shops sold the dollar at 154,500 dinars and bought it at 153,500 dinars, while in Erbil, selling prices stood at 153,700 dinars and buying prices at 153,600 dinars.
https://www.shafaq.com/en/Economy/USD-IQD-dips-below-154-000-in-Baghdad-and-Erbil
Gold Prices Rise In Baghdad But Slip In Erbil
2026-07-05 05:52 Shafaq News- Baghdad/ Erbil On Sunday, gold prices rose in Baghdad, hovering around 915,000 IQD per mithqal, while edging lower in Erbil, according to a Shafaq News market survey.
Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 918,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 914,000 IQD, up from Saturday's 883,000 IQD.
The selling price for 21-carat Iraqi gold stood at 888,000 IQD, with a buying price of 884,000 IQD.
In jewelry stores, 21-carat Gulf gold ranged between 920,000 and 930,000 IQD per mithqal, while Iraqi gold sold for between 890,000 and 900,000 IQD.
In Erbil, 22-carat gold was sold at 958,000 IQD per mithqal, 21-carat gold at 915,000 IQD, and 18-carat gold at 785,000 IQD.
https://www.shafaq.com/en/Economy/Gold-prices-rise-in-Baghdad-but-slip-in-Erbil
Syria, Iraq Move To Revive Water Committee With Turkiye
2026-07-05 08:15 Shafaq News- Damascus Syria and Iraq agreed to strengthen cooperation on managing shared water resources, including exchanging hydrological data and working to revive a trilateral technical committee with Turkiye, a Syrian official said on Sunday.
Obada Al-Mubaid, director of International Water at Syria's Ministry of Energy, told Shafaq News that the technical protocol stipulated the continued data exchange on the Euphrates River, particularly during periods of water scarcity or sudden increases in water releases, to ensure a rapid response and appropriate measures. The agreement also calls for reactivating the joint technical committee involving Syria, Iraq, and Turkiye, subject to the three countries' approval, while strengthening coordination with Turkiye as the upstream country to safeguard the legitimate water rights of Syria and Iraq in accordance with international law.
According to Al-Mubaid, the deal provides for resuming joint training programs and exchanges of expertise in hydrological monitoring, dam operations, drought management, and early warning systems to enhance the capacity of technical staff and improve water resource management.
Additionally, the cooperation aims to establish a permanent institutional framework for technical coordination between Syria and Iraq, improve the management of the Euphrates River, unify technical positions on shared water issues, and strengthen the protection of both countries' water rights.
Last week, Iraq's Ministry of Water Resources and Syria's Ministry of Energy signed the agreement following bilateral talks on cooperation in managing shared water resources and exchanging technical data.
https://www.shafaq.com/en/society/Syria-Iraq-move-to-revive-water-committee-with-Turkiye
Middle East: Growing Objections Within The Framework To The Anti-Corruption Campaign After It Targeted Political And Parliamentary Figures
Baghdad - One News - 7/05/2026 A report by Middle East Online revealed growing objections within the Coordination Framework forces regarding the anti-corruption campaign led by Prime Minister Ali al-Zaidi, after it targeted prominent political and parliamentary figures during Operation Dawn.
The report quoted political sources as saying that a number of leaders within the framework criticized the way the arrests were carried out, considering that resorting to special forces and strict security measures created a state of tension within the ruling coalition.
The sources also indicated that there were complaints about the raids being carried out without prior coordination with political leaders, as well as the leaking of information and photos of the accused before their cases were resolved judicially.
According to the report, some parties warned that the continuation of the disputes could threaten the cohesion of the ruling coalition, at a time when Al-Zaydi is continuing his campaign, supported by political and popular positions in favor of holding the corrupt accountable and recovering the looted funds. https://1news-iq.net/ميدل-إيست-اعتراضات-متصاعدة-داخل-الإطا/
Will Al-Zaidi's Campaign Become An Arab Model? Libyans See The Iraqi Experience As A Way To Move From Complaining About Corruption To Holding Those Involved Accountable And Recovering Stolen Funds
Baghdad - One News - 7/05/2026 The extensive campaign by Iraqi authorities to prosecute officials accused of corruption has reopened the debate in Libya about the possibility of launching a similar campaign, amid growing demands to strengthen accountability and recover public funds.
The London-based Al-Arab newspaper said that the repercussions of the Iraqi campaign were not limited to the Iraqi interior, but extended to Libya, where it became a focus of discussion among politicians, academics and activists who saw it as a model that could be used in confronting corruption.
According to the report, the scenes of raids on officials’ homes and the issuance of arrest warrants against influential figures have led many Libyans to question whether their country is capable of implementing similar measures, given the ongoing challenges related to political division and weak oversight institutions.
The report indicated that the comparison between Iraq and Libya is not limited to the extent of corruption, but rather relates to the state’s ability to turn corruption cases into judicial procedures that end with accountability and the recovery of funds, noting that the political division in Libya still limits the effectiveness of the judicial and oversight bodies.
The report quoted Libyan figures as saying that the problem is no longer in diagnosing the manifestations of corruption, but rather in the absence of the necessary political will to implement effective legal measures, at a time when reform efforts are still linked to consensus between the conflicting institutions.
He added that the United Nations had previously warned of widespread corruption and mismanagement, particularly in the oil sector, which is the main source of revenue for the Libyan state. Experts believe that the success of any anti-corruption campaign requires the independence of the judiciary, strengthening the work of oversight bodies, and updating legislation regulating the management of public funds.
The newspaper concluded that the Iraqi experience has raised expectations in Libya regarding the transition from discussing corruption to actual accountability. However, achieving this remains, according to observers, contingent on ending the political division and providing an institutional environment that allows for the independent application of the law.
https://1news-iq.net/هل-تتحول-حملة-الزيدي-إلى-نموذج-عربي؟-لي/
Iraqi President Outlines Policy On Iran, US, And Armed Factions
2026-07-04 / 14:46 Shafaq News- Baghdad Baghdad is moving forward with implementing its security agreement with Iran to end the presence of Iranian opposition factions on Iraq’s territory, Iraqi President Nizar Amedi said on Saturday.
In an interview with Al Hadath TV, Amedi indicated that Baghdad will build ties with Tehran on mutual respect, shared interests, and respect for sovereignty.
Relations with the United States, Europe, and Gulf states are sovereign decisions, he said, noting that Baghdad's ties with Iran or Washington will not come at the expense of one another.
On restricting weapons to the state, the president pointed out that the government began the first steps toward placing weapons under state control, with some armed factions responding positively. “The process requires caution and wisdom to avoid confrontation and bloodshed while addressing the reasons that led some groups to take up arms.”
Read more: Sept 30 weapons deadline leaves terms of disarmament unresolved
“After the coalition's mission ends, Baghdad will evaluate its security needs before deciding on an memoranda of understanding, agreements, or contracts with the United States or other countries to continue developing its military capabilities.”
Amedi said Iraq rejects any attack on regional countries, especially Gulf states, from Iraqi territory, adding that Iraq's security and Gulf security are linked. He also called for a regional security framework after the end of the war in the region, saying Iraq could play a central role in promoting stability and economic recovery.
Regarding Turkiye, Amedi said Baghdad is coordinating with Ankara to address the Kurdistan Workers' Party (PKK) issue and the situation in Sinjar. He said the PKK issue “is longstanding and complex, and military action alone cannot resolve it.”
Read more: Turkiye’s cautious gamble: PKK disarmament and the regional chessboard
Baghdad and Erbil suffer from several shortcomings, but the constitution remains the basis for managing the relationship. He called on the Kurdistan Region's two main parties to form a government, reactivate parliament, and resolve financial disputes through the federal budget law while guaranteeing the Region's constitutional rights.
Read more: Into 2026, Baghdad and Erbil face the same disputes with higher stakes
The president also said the government has a genuine will to fight corruption, describing it as no less dangerous than terrorism. He said no one is above the law and that all corruption cases will be referred to the judiciary.
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The highlights of the interview of His Excellency the President of the Republic, Mr. Nizar Amedi, with Al-Hadath Channel:
The meeting of the last four presidents addressed strategic economic and security files, and it was agreed on collaborative work between presidents, political, parliamentary and community forces to prevent Iraq from sliding into the consequences of wars, security and economic crises in the region.
We raised the slogan "Iraq first" and to save the country first, we are all on the same boat, God forbid, if it sinks, everyone will drown.
The corruption file has a real will from the government and supported by all presidents, parliament and political powers, corruption is no less dangerous than terrorism.
Fighting corruption is an irreversible decision, no one is above the law, no red lines in this file, and everyone will be prosecuted.
The confiscation of weapons by the state is one of the most important files of the government, and the recent war has shown the fragility of the Iraqi security situation.
There is a real decision and will to confine weapons by the state in an Iraqi, patriotic, wise way and without bloodshed.
The first steps in the gun confinement file have begun, and there are answers from some factions, seeking to remove the reasons that led to carry arms and raise the slogan of resistance.
With the end of the war in the region, there is an opportunity to create a regional security framework that includes the countries of the region, and Iraq has a key role in it, leading to a regional economic recovery.
The constitution and the law are the rulers in the arms file, and the state will deal with any violation through judiciary and legal means.
Processing the profile of species and confinement of weapons requires caution and wisdom to avoid collisions and bloodshed.
Iraq refuses to target any regional state, especially siblings in the Arab Gulf countries, starting from Iraqi territories, Iraq's security and Gulf security are one.
The arms ban aims to strengthen Iraq's sovereignty and prevent the targeting of neighboring countries from Iraqi lands.
We are working on other security files with Turkey and Iran, including ending the Kurdistan Labor Party file and the Sinjar case.
We continue to implement the security agreement with Iran and to finish the file of Iranian opposition factions located in Iraq.
The current government's approach differs from previous governments since 2003, and we are working to address the accumulated files and make bold decisions in economy, security and sovereignty.
Iraq's relations with Iran are historical, cultural, religious, national and economic, and will be built on the basis of mutual respect, common interests and respect for sovereignty.
Iraq's relations with the United States, Europe and the Gulf countries are an Iraqi thing, and relations with Iran or the United States will not be at the expense of each other.
We seek to strengthen our relationship with the United States and make it a strategic partner in the future to build a strong economy in the region.
The assessment of the need for continuation of international support or to abandon it will be based on the reports and needs of the Iraqi armed forces.
After the mission of the international alliance, Iraq will assess its security situation, and on its basis it will decide to issue memorandums of understanding, agreements, contracts with the United States or others to complete the construction of its military capacities.
We proceed to implement the security agreement with Iran regarding the Iranian opposition in Iraq and to end any threat to the Iranian territories starting from Iraq.
The profile of the Kurdistan Labor Party is tangled and old, the military solution does not end it, Turkey has adopted a peace project with the party, and steps are underway to disarm its elements.
There is high coordination with Turkey to finish the Kurdistan Labor Party file and the Sinjar case, and the matter needs wisdom and patience.
Relations with Syria are evolving and moving from the security file to the diplomatic file, as relations with Damascus continue to improve.
Iraq is seeking to build the best strategic relations with the Kingdom of Saudi Arabia in the economic, political and religious spheres, given the importance of Saudi Arabia as a neighboring and gulf state to Iraq.
The relationship between Baghdad and Erbil has some faults, and the constitution is the protector of this relationship, whereas the problem in the region lies in not forming a new government in the Kurdistan Region and the inactivation of the parliament.
We call on the two major parties in the region for agreement, genuine partnership, the formation of a fully competent government and activate the parliament.
The resolution of the financial disputes between Baghdad and Erbil goes through the budget law and ensuring the constitutional rights of the region.
There is no law on oil and gas despite Iraq's approval on these two suppliers, and there is a need for legislation to solve many problems.
There are more than fifty constitutional articles that have not been regulated by laws so far, in addition to the existence of hundreds of old resolutions, including the decisions of the dissolved Revolutionary Leadership Council, that are not in line with the current reality.
The President of the Republic has the right to present and amend draft laws, and the Presidency of the Republic to cooperate with other authorities to complete the legislation during the current period.
https://shafaq.com/en/Iraq/Iraqi-President-outlines-policy-on-Iran-US-and-armed-factions
RISE OF PETRO YUAN?- China Unveils Bold New Yuan Strategy
RISE OF PETRO YUAN?- China Unveils Bold New Yuan Strategy
Lena Petrova: 7-4-2026
The global financial landscape is currently undergoing a significant period of transition. As international trade patterns shift, discussions regarding the role of the U.S. dollar and the rise of alternative financial frameworks have moved to the forefront of geopolitical analysis.
In a recent, insightful conversation with Lena Petrova, political and economic analyst Einar Tangen dissected China’s evolving strategy, providing a nuanced perspective that moves beyond the typical “East vs. West” narrative often found in main stream media.
RISE OF PETRO YUAN?- China Unveils Bold New Yuan Strategy
Lena Petrova: 7-4-2026
The global financial landscape is currently undergoing a significant period of transition. As international trade patterns shift, discussions regarding the role of the U.S. dollar and the rise of alternative financial frameworks have moved to the forefront of geopolitical analysis.
In a recent, insightful conversation with Lena Petrova, political and economic analyst Einar Tangen dissected China’s evolving strategy, providing a nuanced perspective that moves beyond the typical “East vs. West” narrative often found in main stream media.
At the heart of this discussion is the internationalization of the yuan. Rather than seeking an aggressive, overnight overthrow of the U.S. dollar, Tangen argues that China is architecting a parallel financial system.
This strategic approach is designed primarily to facilitate trade with the Global South, offering nations a viable, secondary option for settlements.
By utilizing sophisticated mechanisms—such as the FIMA repo facility, offshore forex trading pilots, and a phased development plan centered in Shanghai—Beijing aims to lower transaction costs and mitigate risks. Crucially, these steps allow for increased currency utility without exposing the Chinese economy to the destabilizing effects of volatile, short-term “hot money” flows.
This economic pivot does not exist in a vacuum; it is deeply intertwined with changing geopolitical realities. The conversation highlights how factors such as trade sanctions, supply chain realignments, and the shifting priorities of nations in Africa, the Gulf, and beyond have accelerated the need for diversified financial infrastructure.
China’s Belt and Road Initiative (BRI) is framed here as a development-focused model, emphasizing shared growth and infrastructure investment. By prioritizing economic interdependence over zero-sum power dynamics, China is positioning itself as a partner that respects national sovereignty and cultural diversity, appealing to emerging markets that are seeking alternatives to traditional hegemony.
The dialogue also addresses the vulnerabilities currently inherent in the U.S.-led financial system. From the perspective presented in the video, mounting national debt and the perceived “weaponization” of international banking networks have begun to erode global confidence.
As trust in the dollar-centric model fluctuates, China is leveraging digital payment technologies, direct currency swaps, and local currency settlements to empower small and medium-sized enterprises (SMEs) across the globe. This bottom-up approach aims to make international trade more inclusive and resilient for developing nations that often find themselves on the periphery of the existing system.
Ultimately, the discussion serves as a reminder of the human element behind macroeconomic trends. Whether analyzing currency swaps or supply chain logistics, the core objective remains the pursuit of stability and sustainable prosperity.
By advocating for a multipolar global order—one rooted in diplomacy, trust, and mutual respect—the conversation underscores that the shifts in finance are, at their core, a testament to the world’s desire for a more balanced and cooperative geopolitical future.
News, Rumors and Opinions Sunday 7-5-2026
KTFA:
Clare: Iraqi President: We seek a regional security framework, and the resolution of Baghdad and Erbil disputes will be "through the budget."
7/4/2026
Iraqi President Nizar Amidi said on Saturday that there is an opportunity to establish a regional security framework that includes the countries of the region, in which Iraq has a pivotal role, leading to a regional economic recovery.
He pointed out that resolving the disputes between Baghdad and Erbil goes through the budget law and guaranteeing the constitutional rights of the region.
KTFA:
Clare: Iraqi President: We seek a regional security framework, and the resolution of Baghdad and Erbil disputes will be "through the budget."
7/4/2026
Iraqi President Nizar Amidi said on Saturday that there is an opportunity to establish a regional security framework that includes the countries of the region, in which Iraq has a pivotal role, leading to a regional economic recovery.
He pointed out that resolving the disputes between Baghdad and Erbil goes through the budget law and guaranteeing the constitutional rights of the region. LINK
Clare: Al-Zaydi calls on Iraqis to report corruption: in exchange for a lucrative financial reward
7/4/2026
On Saturday, Prime Minister Ali al-Zaidi called on Iraqis to report corruption and directed that generous financial rewards be given to informants.
The Prime Minister’s office said in a statement received by Shafaq News Agency: “ Prime Minister Ali Faleh al-Zaidi calls on all citizens to report assets and public funds obtained from corruption crimes, in order to contribute to uncovering, recovering and returning them to the state, based on legal, moral and national responsibility, and out of his concern for public funds and their protection, in compliance with what was stated in the ministerial program.”
He added: Al-Zaydi has directed that a rewarding financial percentage be given to informants in accordance with the law, in appreciation of their national role, and in support of efforts to combat corruption and protect public funds. The special link for communication through this matter will be announced later. LINK**
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Clare: Iraqi ports: Basra port receives second oil tanker in 24 hours via the Strait of Hormuz
7/4/2026
A source in the General Company for Iraqi Ports reported on Saturday that the giant oil tanker (Barbados Prosperity) had arrived at the Basra oil port, where it is scheduled to be loaded with two million barrels of crude oil.
The source told Shafaq News Agency, "This tanker is the second to dock at the port in the past 24 hours, after the arrival of the tanker (Kuwait Prosperity) earlier."
The source added that "two additional oil tankers are expected to arrive in the coming hours, after they crossed the Strait of Hormuz and headed towards Iraqi ports," noting that the shipping movement for export and loading operations is proceeding with high flexibility and according to the schedules set for them. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] OMAR: It's not going to be in July. It's a process and we have to have some stability because the whole lot of corruption has been developed. FRANK: No. This corruption has existed since the beginning of time. But for the first time it's gone...It's being eradicated.
Militia Man I'd like to see they have...the cabinet set before they go to Washington. I'd like to see the HCL before they come to Washington. And then I'd like for them to come home and make a big show with the GCC and potentially have a relationship with the Real Effective Exchange Rate for global trade...The data shows powerful things are happening.
Reset Intelligence A currency earns trust by demonstration and demonstrations need witnesses, public trials, a published theft number, seize tally numbers updated daily, a bank that hunts the smugglers instead of processing them. Every piece of this week was arranged to be seen by Iraqis, by Washington and by the markets that will eventually be asked to price the results. The audience is the point.
The July 4th Gold Reset: What's Actually True, What's Noise, and What to Do About It
What Changes: 7-4-2026
The US government values its gold reserves at $42 an ounce — a number unchanged since 1973. Gold trades near $3,200 today. That gap is at the center of one of the loudest financial rumors of the year: a government gold reset on July 4th that supposedly sends gold to $10,000.
In this episode, Mae breaks down what's actually true about this story, the three-question filter for evaluating any financial headline, and the real structural shift happening in the gold market that most coverage is missing entirely. No hype. Just the mechanism, the data, and a calm plan.
Iraq Economic News and Points To Ponder Sunday Morning 7-5-26
Basra Oil Company orders full production at major oil fields
2026-07-04 06:49 Shafaq News- Basra Basra Oil Company has instructed operators at three of Iraq's largest oil fields to restore production and crude exports to full available capacity.
According to an official document, the directive, signed by Operations Director Imad Hassan Lafta, covers the North Rumaila, West Qurna 1, and Artawi oil fields, as well as the Tuba field, which is operated under the South Basra Integrated Division.
Basra Oil Company orders full production at major oil fields
2026-07-04 06:49 Shafaq News- Basra Basra Oil Company has instructed operators at three of Iraq's largest oil fields to restore production and crude exports to full available capacity.
According to an official document, the directive, signed by Operations Director Imad Hassan Lafta, covers the North Rumaila, West Qurna 1, and Artawi oil fields, as well as the Tuba field, which is operated under the South Basra Integrated Division.
Production and pumping operations to the company's storage facilities resumed at normal capacity from 8:00 p.m. on Friday, in line with operational requirements and production plans.
The move comes as optimism grows over improving stability in energy supply chains through the Strait of Hormuz and the Gulf region, amid diplomatic efforts aimed at easing regional tensions and safeguarding international shipping routes.
Read more: Iraq’s oil bottleneck: Abundance trapped by dependency
https://www.shafaq.com/en/Economy/Basra-Oil-Company-orders-full-production-at-major-oil-fields
June 2026 OPEC Output Leaped 3M+ Bpd
2026-07-04 07:53 Shafaq News- Vienna/ Baghdad OPEC oil production rose to 19.34 million barrels per day (bpd) in June, up 3.3 million bpd from the previous month, as Gulf producers restored supplies after disruptions from the effective closure of the Strait of Hormuz, a Reuters survey found on Saturday.
Kuwait and Iran recorded the largest production gains during the month, while Saudi Arabia, Iraq, Nigeria, and Libya also increased crude supplies. The rebound lifted OPEC's output from its lowest monthly level since at least 2000. Even so, production remained well below the group's target level of more than 25 million bpd.
Earlier this week, S&P Global Commodity Insights reported that around 8.3 million barrels of Iraqi crude remain stranded in the strategic maritime gateway, awaiting shipment.
Iraq, OPEC's second-largest producer, exports about 95% of its crude through southern terminals, leaving it particularly vulnerable to disruptions in Gulf shipping. Eco Iraq, an economic affairs observatory, estimated that the closure of Hormuz, which carries around 20% of global oil supplies, had cost the country about 350 million barrels in lost exports by June 20, equivalent to roughly $37.7 billion in revenue.
The Strait of Hormuz has remained largely closed since Feb. 28 after Iran restricted maritime traffic in response to the US-Israeli war. Washington and Tehran later agreed to resume shipping under a memorandum signed in Switzerland on June 17.
Read more: No exit but Hormuz: Iraq's economic vulnerability exposed
https://www.shafaq.com/en/Economy/June-2026-OPEC-output-leaped-3M-bpd
Tanker Influx Floods Iraq’s Basra Oil Export Terminals
2026-07-04 10:26 Shafaq News- Basra Iraq’s Basra oil terminal is preparing for an increase in tanker arrivals, hours after the docking of the vessel “Kuwait Prosperity,” a source at the State Company for Iraqi Ports told Shafaq News on Saturday.
The Barbados Prosperity, a giant crude carrier, will load 2 million barrels of Iraqi oil. Two additional tankers are also expected to reach Iraqi waters in the coming hours after transiting the Strait of Hormuz, en route to Basra’s export terminals.
“Shipping and loading operations are continuing without disruption, in line with planned schedules,” the source noted.
Earlier this week, S&P Global Commodity Insights reported that around 8.3 million barrels of Iraqi crude remain stranded at the strategic maritime gateway, pending shipment.
Iraq, OPEC’s second-largest producer, exports about 95% of its crude through southern terminals, leaving it particularly exposed to disruptions in Gulf shipping. Eco Iraq, an economic affairs observatory, estimated that the closure of the Strait of Hormuz, which carries around 20% of global oil supplies, has cost the country about 350 million barrels in lost exports by June 20, equivalent to roughly $37.7 billion in revenue.
The Strait of Hormuz has remained largely closed since Feb. 28 after Iran restricted maritime traffic in response to the US-Israeli war. Washington and Tehran later reached an understanding to resume shipping under a memorandum signed in Switzerland on June 17.
Read more: No exit but Hormuz: Iraq's economic vulnerability exposed
https://www.shafaq.com/en/Economy/Tanker-influx-floods-Iraq-s-Basra-oil-export-terminals
Iran Exports $214.7M In Goods To Iraq Through Mehran
2026-07-04 12:38 Shafaq News- Tehran Iran exported 609,000 metric tons of goods worth $214.7 million to Iraq through the Mehran border crossing during the first quarter of the current Iranian year, which began on March 21, up 17% from a year earlier.
Cited by Iranian Mehr news agency on Saturday, AIlam Customs Director Sohrab Kamari said exports to Iraq included agricultural products, construction materials such as tiles, ceramics, glass, reinforcing steel, and building stone, as well as cement clinker, iron ore, PVC pipes, and live fish, attributing the increase of demand for construction materials and agricultural products.
Kamari also pointed to a sharp increase in international transit activity through the Mehran crossing, with 31,967 metric tons of transit goods passing through the border point, up 54% year-on-year. The number of transit trucks rose by 476% to 5,991, compared with the corresponding period last year.
https://www.shafaq.com/en/Economy/Iran-exports-214-7M-in-goods-to-Iraq-through-Mehran
Wall Street Journal: Cryptocurrencies Are A Weapon For Tehran And Moscow To Bypass Sanctions
Money and business Economy News - Follow-up Iran, Russia, North Korea and other countries targeted by Western sanctions have doubled their use of virtual currencies to evade U.S. pressure.
According to a newspaper report based on data from crypto flow tracking companies, the three countries and other countries targeted by sanctions dealt with about $100 billion worth of cryptocurrencies in 2025 alone.
According to the Wall Street Journal, the aforementioned increase is equivalent to eight times the volume of transactions witnessed in 2024, noting that Iran, Russia, North Korea and other countries targeted by sanctions have become more sophisticated in how they deal with the cryptocurrency market and the creation of their own digital tokens and cryptocurrency trading platforms to circumvent sanctions.
Western officials and crypto analysis companies said Iran and Russia used cryptocurrencies to buy drones and spare parts for weapons.
Russia has also used these currencies to pay the salaries of seafarers who smuggle its sanctioned crude oil around the world. North Korea used cryptocurrencies to buy fuel and military equipment, according to a report published by the Wall Street Journal titled: “How do rogue countries use cryptocurrencies to evade sanctions?”
The use of cryptocurrencies allows these countries to bypass traditional banks, which play a pivotal role in monitoring sanctions imposed on them by the United States and other Western parties.
Denial and criticism
Western officials accuse Pyongyang of stealing cryptocurrencies through “cybercrimes,” accusations Pyongyang called “absurd slanders” and considered the allegations an extension of Washington’s hostile policy against it.
Kremlin spokesman Dmitry Peskov said Russia considered international sanctions illegal under international law, noting that Moscow had “published and developed alternative mechanisms that allow the economy to function normally.”
The Wall Street Journal said Tehran had not responded to a request for comment.
American action and sanctions
According to the newspaper’s report, Western authorities are struggling to keep up with the situation as digital currencies become increasingly popular in evading sanctions. Although the United States has temporarily suspended sanctions on Iranian oil as it negotiates a possible peace deal with Tehran, it still considers sanctions a key tool to pressure adversaries around the world.
Washington is keeping the option of reimposing sanctions on Iranian oil if the two sides do not reach a peace deal that would end their conflict.
In June, Washington imposed sanctions on four Iranian cryptocurrency trading platforms, including Nobitex, the country’s largest trading platform.
U.S. Treasury Secretary Scott Pissant said the United States had seized a billion dollars in Iranian cryptocurrencies. Nubitex and another sanctioned platform, BitBen, denied facilitating any illegal activities and said their customers were private, while the other two platforms did not respond to requests for comment.
In the UK, authorities in May blacklisted one of the world’s largest cryptocurrency exchanges on suspicion of supporting the Russian government. The platform, HTX, said it would work with authorities to address any concerns.
Resolute control of this market is almost impossible, as a large part of the sector is unregulated and transactions are carried out without revealing the identity of the owners, making it complicated to track
Seeds of Wisdom RV and Economics Updates Sunday Morning 7-5-26
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Coinbase CEO Says Crypto, AI, and Constitutional Reform Could Help Address America’s Growing Debt Crisis
Coinbase CEO Brian Armstrong has sparked debate by arguing that America’s rising national debt requires structural reform beyond traditional fiscal policy. He suggested that constitutional changes, technological innovation through AI and robotics, and greater adoption of Bitcoin and blockchain technology could all play a role in strengthening the nation's long-term financial future.
Good Morning Dinar Recaps,
Coinbase CEO Says Crypto, AI, and Constitutional Reform Could Help Address America’s Growing Debt Crisis
Coinbase CEO Brian Armstrong has sparked debate by arguing that America’s rising national debt requires structural reform beyond traditional fiscal policy. He suggested that constitutional changes, technological innovation through AI and robotics, and greater adoption of Bitcoin and blockchain technology could all play a role in strengthening the nation's long-term financial future.
Overview
Brian Armstrong warned that the U.S. national debt has reached levels that threaten long-term fiscal stability.
He proposed constitutional spending reforms while highlighting Bitcoin and emerging technologies as potential long-term solutions.
The comments reflect growing discussions about how digital assets and technological innovation could influence future economic policy.
Key Developments
1. Armstrong Calls for Constitutional Fiscal Reform
Coinbase CEO Brian Armstrong argued that the U.S. Constitution lacks sufficient safeguards to prevent excessive government spending. He suggested future reforms could include limits on federal spending growth or other constitutional mechanisms designed to improve long-term fiscal discipline.
2. National Debt Continues to Rise
Armstrong pointed to the approximately $39 trillion U.S. national debt, noting that interest costs continue to consume a growing share of the federal budget. His comments reflect broader concerns among economists and policymakers about the long-term sustainability of federal borrowing.
3. Bitcoin Presented as a Long-Term Financial Alternative
Armstrong reiterated one of Bitcoin's core investment themes: its fixed supply makes it resistant to inflation caused by expanding government debt and currency creation. He suggested that if fiscal conditions continue to deteriorate, Bitcoin could become an increasingly attractive reserve asset alongside traditional financial instruments.
4. AI and Robotics Could Boost Economic Growth
Beyond cryptocurrency, Armstrong emphasized artificial intelligence and robotics as technologies capable of significantly increasing productivity and economic output. Faster GDP growth, he argued, could improve the nation's debt-to-GDP ratio without relying solely on spending cuts.
5. Alternative Governance Models Discussed
Armstrong also floated the idea of special economic zones or future constitutional amendments that could test new fiscal governance models before broader implementation. While largely conceptual, the proposal reflects growing discussions about modernizing economic policy for the digital age.
Why It Matters
America's growing debt burden remains one of the most significant long-term economic challenges facing financial markets. As debt levels rise, discussions increasingly include digital assets, artificial intelligence, and technological innovation as potential tools to support future economic growth and financial stability.
Why It Matters to Foreign Currency Holders
Many currency investors closely monitor U.S. fiscal policy because the strength of the U.S. dollar influences global reserve currencies, exchange rates, and international capital flows. Continued discussion around Bitcoin, stablecoins, and blockchain-based financial infrastructure reinforces the growing intersection between traditional finance and digital assets.
Implications for the Global Reset
Pillar 1 – Debt
Rising U.S. debt continues to fuel discussions about fiscal sustainability, monetary policy, and potential structural reforms that could reshape the global financial system over the coming decades.
Pillar 4 – Technology
The combination of blockchain technology, artificial intelligence, and digital assets is increasingly being viewed as part of the next generation of financial infrastructure capable of improving productivity, payments, and capital markets.
Future Outlook
While Armstrong's proposals remain personal policy recommendations rather than government initiatives, they reflect a growing conversation about how emerging technologies could help address long-term fiscal challenges. Policymakers, financial institutions, and investors are likely to continue debating the roles of Bitcoin, artificial intelligence, and constitutional reform as public debt continues to expand.
Whether these ideas gain broader political support remains uncertain, but the discussion highlights how digital finance is becoming increasingly intertwined with national economic strategy.
This is not just about cryptocurrency—it reflects a broader debate over how governments may use technology, fiscal reform, and digital financial infrastructure to strengthen long-term economic stability in an era of rising global debt.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
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🌱 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
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Iraq Economic News and Points To Ponder Late Saturday Evening 7-4-26
Al-Shabaki: Washington Is Practicing Political Blackmail Against Iraq
The Information Agency/Baghdad... MP Qusay al-Shabaki confirmed on Saturday that the US administration under President Donald Trump is exerting pressure on Iraq to influence some of the country's sovereign decisions.
Al-Shabaki told the Information Agency that “American interference in the country’s internal affairs is increasing day by day, as it exerts significant pressure on some political forces that prioritize their personal interests over the country’s interests in order to implement Washington’s agendas.” He stressed the need to "prevent such interference in national decision-making, as it does not serve the public interest."
Al-Shabaki: Washington Is Practicing Political Blackmail Against Iraq
The Information Agency/Baghdad... MP Qusay al-Shabaki confirmed on Saturday that the US administration under President Donald Trump is exerting pressure on Iraq to influence some of the country's sovereign decisions.
Al-Shabaki told the Information Agency that “American interference in the country’s internal affairs is increasing day by day, as it exerts significant pressure on some political forces that prioritize their personal interests over the country’s interests in order to implement Washington’s agendas.” He stressed the need to "prevent such interference in national decision-making, as it does not serve the public interest."
He added that "this blackmail practiced by Washington represents clear political pressure aimed at obstructing Iraq's foreign relations with its regional and international environment, and an attempt to impose security and economic dictates that serve American interests at the expense of supreme national interests."
Earlier, Mukhtar Mahmoud, head of the Turkmen Framework Bloc, affirmed that the United States has committed the most heinous wars in the region, noting that it has violated Iraqi national autonomy and targeted security forces and the Popular Mobilization Forces in several provinces. End/25
Alhurra: Al-Zaydi Continues To Pursue Corruption Networks And Personally Leads The Campaign To Recover Looted Funds
Baghdad - One News - 7/04/2026 The US-based Al-Hurra News website reported that Iraqi authorities are continuing to pursue corruption networks, noting that the value of money, real estate, gold, and cars that have been seized or impounded so far amounts to hundreds of millions of dollars.
The website added that the campaign, which began at the start of last week, included the arrest of dozens of government officials, current and former members of parliament, as well as advisors who worked in previous Iraqi governments.
He explained that the investigations focus on tracking the paths of transferring public funds into private assets, including real estate, vehicles and valuable possessions, as part of the pursuit of funds that were looted during the past years….
The website indicated that the investigations are likely to expand in the coming days, with expectations of an increase in the value of the seized items and the number of detainees, and the emergence of confessions that may lead to new names.
https://1news-iq.net/الحرة-الزيدي-يواصل-ملاحقة-شبكات-الفسا/
Prime Minister: We Are Proceeding Steadily And Resolutely In Pursuing The Corrupt, Restoring Rights, And Establishing A State Of Institutions And Justice
Baghdad - One News - 7/04/2026 Prime Minister Ali Faleh al-Zaidi confirmed in a tweet published on his official account on the “X” platform that his government is proceeding firmly and resolutely in pursuing the corrupt, restoring the rights of the state, and establishing a state of institutions and justice, stressing that this approach will not back down no matter how great the challenges or how great the pressures.
Al-Zaydi expressed his deep gratitude to the Iraqi people for their support of the reform process, appreciating the support of the House of Representatives, the Supreme Judicial Council, religious authorities, and the leader of the Shiite National Movement, Muqtada al-Sadr, in addition to the Coordination Framework, the National Political Council, the Kurdistan Democratic Party, the Patriotic Union of Kurdistan, and the rest of the political forces, security and regulatory agencies, tribal sheikhs, journalists and media professionals.
The Prime Minister pointed out that this broad national support confirms that combating corruption is not a battle for the government alone, but a battle for the nation in which everyone unites in defense of public funds, the rule of law, and the future of Iraq. https://1news-iq.net/رئيس-الوزراء-ماضون-بثبات-وحزم-في-ملاحق/
PM:"No Matter the Challenges, We Will Not Back Down from Pursuing Corrupt Officials"
Baghdad - INA - 7/04/2026 Prime Minister Ali Faleh al-Zaidi affirmed on Saturday that the government is committed to pursuing corrupt officials, recovering state funds, and establishing a state based on institutions and justice.
Al-Zaidi stated in a post on the “X” platform, which was monitored by the Iraqi News Agency (INA): “Our government is proceeding, with unwavering resolve, in pursuing corrupt officials, recovering state funds, and establishing a state based on institutions and justice, and it will not back down from this approach, no matter how great the challenges or how intense the pressures.”
He added: “We express our deepest thanks and gratitude to our dear Iraqi people, who have taken a genuine and supportive stance towards the reform process.
We also extend our sincere appreciation to our brothers in the Iraqi Parliament, the Supreme Judicial Council, our great religious authorities, the leader of the Shiite National Movement, His Eminence Sayyid Muqtada al-Sadr, our brothers in the Coordination Framework, the National Political Council, the Kurdistan Democratic Party, the Patriotic Union of Kurdistan, all other forces and parties, the security and oversight agencies, the honorable imams of mosques and places of worship, the sheikhs of our authentic Iraqi tribes, our brothers in the press and media, and all the national forces that stood by the government in its battle against corruption.”
Iraq Recovers $25 Million in Stolen Wealth and Targets $20 Billion in Global Asset Offensive
Stacks of seized Iraqi dinars and US dollars are displayed during a press conference by the Iraqi Federal Commission of Integrity (Nazaha) in Baghdad. The commission announced the recovery of the vast sums of cash, which authorities say had been prepared for money laundering.
The Iraqi Ministry of Justice announced on Saturday the recovery of more than $25 million in misappropriated state funds over a two-year period, alongside the launch of international legal proceedings across five nations to reclaim stolen properties and frozen bank accounts totaling more than $20 billion.
Ministry spokesperson Ahmed Al-Laibi confirmed that the state has secured several landmark victories in international courts, successfully overturning asset freezes and dismissing foreign claims through coordinated efforts with the Federal Integrity Commission under global anti-corruption treaties.
Resolution of High-Profile International Lawsuits
The ministry detailed several prominent international legal disputes that have been resolved in favor of the Iraqi state, neutralizing long-standing financial liabilities inherited from previous administrations.
Key judicial resolutions include:
The United States: A U.S. federal court dismissed a lawsuit brought by the Global Trade Creditors foundation, which sought to enforce a prior judgment against Iraq. The court ruled in Baghdad's favor on the grounds of sovereign immunity, a decision subsequently upheld by the U.S. Court of Appeals.
Jordan: Legal actions successfully overturned all asset freezes previously placed on Iraqi holdings in Jordanian banks. The freezes originated from a 2010 lawsuit demanding $53 million over historical barter contracts connected to the Ministry of Industry and Trade.
Lebanon: Iraqi authorities secured the execution of a domestic judicial formulation in Lebanese courts, enabling the recovery of more than $20.48 billion belonging to the Trade Bank of Iraq.
Targeted Asset Recovery Operations
In addition to large-scale corporate litigation, the Ministry of Justice has successfully repatriated millions of dollars from accounts in regional capital cities and targeted the assets of convicted fugitives.
During the 2025 and 2026 fiscal years, the ministry successfully recovered $3 million in embezzled funds originally belonging to the Municipality of Baghdad (Amanat Baghdad). The capital had been frozen within the Lebanese banking system and has now been transferred to the official account of the Iraqi Embassy in Beirut.
Domestically, judicial authorities finalized rulings to recover more than 332 million dinars from the former director of the Securities Commission. Furthermore, executive procedures are currently underway in Jordan to seize $1.706 billion from a convicted Iraqi fugitive following a favorable ruling in Jordanian courts.
Complexities and Systemic Time Frames
Al-Laibi emphasized that reclaiming state wealth from foreign jurisdictions remains an intricate, long-term operational challenge. Due to the rigorous standards of providing legal proof and the structural differences between the Iraqi judiciary and foreign legal systems, individual asset recovery cases require between 2 to 7 years to achieve full resolution.
The Ministry of Justice reaffirmed that international legal enforcement actions will continue systematically until all identified overseas assets are returned to state control. https://channel8.com/english/news/60887
Ariel: Trump Doesn’t Need to Sign the Clarity Act for XRP Momentum
Ariel: Trump Doesn’t Need to Sign the Clarity Act for XRP Momentum
While We Are On The Subject:
I want To Be Clear On Certain Things
Trump doesn’t need to personally sign this specific bill for XRP momentum.
The administration has already delivered via executive actions, appointments, GENIUS Act (stablecoins), Bitcoin reserve/stockpile moves, and lighter SEC/CFTC posture under new leadership.
Ariel: Trump Doesn’t Need to Sign the Clarity Act for XRP Momentum
While We Are On The Subject:
I want To Be Clear On Certain Things
Trump doesn’t need to personally sign this specific bill for XRP momentum.
The administration has already delivered via executive actions, appointments, GENIUS Act (stablecoins), Bitcoin reserve/stockpile moves, and lighter SEC/CFTC posture under new leadership.
I’m basically saying that these in particular have driven adoption, ETF inflows, and price action without waiting on full legislation. XRP has climbed on regulatory relief signals and broader crypto sentiment alone.
That said, the bill’s passage would supercharge it by removing lingering uncertainty and accelerating capital inflows. As of now (July 2026), it’s cleared House + Senate Banking but stalls on full Senate 60-vote threshold, reconciliation, and timing (odds ~39-50% for 2026 enactment).
But to the broader point regarding the overall bill The CLARITY Act (Digital Asset Market Clarity Act) would deliver the strongest legislative tailwind yet by creating a formal market structure.
Splitting oversight between CFTC (for commodities like Bitcoin, and likely XRP post-decentralization rulings) and SEC (for securities). So people who don’t say we don’t need the Clarity Act are halfway right. But the specifics are needed in that gray area.
CryptoEmpress: THE CLARITY ACT IS CLOSER THAN EVER TO BECOMING LAW
⚖️ Here’s where things stand…
✅ House passed the CLARITY Act
✅ Senate Banking Committee cleared it 15-9
⏳ Senate floor vote still needs 60 votes
⏳ House and Senate must align the final text
⏳ President signs it into law
Put simply → The bill is closer than it has ever been. Why does this matter? Clear #Bitcoin and crypto rules could unlock the next wave of U.S. adoption . THE FINAL STRETCH FOR BITCOIN AND CRYPTO CLARITY IS HERE
Seeds of Wisdom RV and Economics Updates Saturday Afternoon 7-4-26
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Revolut to Delist USDT as Regulatory Pressure Reshapes Europe’s Stablecoin Market
Revolut will remove support for Tether’s USDT beginning in July and complete the delisting by the end of August, reflecting the growing impact of Europe's Markets in Crypto-Assets (MiCA) regulation on digital asset platforms. The move underscores how regulatory compliance is increasingly shaping which cryptocurrencies remain available to consumers.
Good Afternoon Dinar Recaps,
Revolut to Delist USDT as Regulatory Pressure Reshapes Europe’s Stablecoin Market
Revolut will remove support for Tether’s USDT beginning in July and complete the delisting by the end of August, reflecting the growing impact of Europe's Markets in Crypto-Assets (MiCA) regulation on digital asset platforms. The move underscores how regulatory compliance is increasingly shaping which cryptocurrencies remain available to consumers.
Overview
Revolut will stop supporting USDT purchases on July 6 and fully delist the stablecoin by August 31, 2026.
Customers who do not withdraw or sell their USDT before the deadline will have their holdings automatically converted into their base currency.
The decision highlights the continued impact of the European Union’s MiCA regulations on stablecoin availability and crypto service providers.
Key Developments
1. Revolut Announces USDT Delisting
Revolut informed customers that USDT purchases will end on July 6, deposits will no longer be accepted after July 30, and the stablecoin will be fully delisted on August 31, 2026. Any remaining balances after the deadline will automatically be converted into each customer's base currency.
2. Regulatory Compliance Drives Decision
Although Revolut did not specify a single regulation, the company cited "regulatory and risk considerations." The fintech company operates under a MiCA Crypto-Asset Service Provider (CASP) license, making compliance with the European Union's digital asset regulations a priority.
3. MiCA Continues to Reshape Stablecoin Markets
USDT has faced increasing restrictions throughout Europe after Tether chose not to align with certain MiCA requirements governing reserve management and issuer oversight. Several major crypto platforms have already reduced or eliminated USDT services for European customers.
4. Competition Among Stablecoins Continues
As USDT availability declines in regulated European markets, MiCA-compliant alternatives such as USDC are expected to gain additional market share. The shift reflects how regulation is increasingly influencing competition within the stablecoin sector.
Why It Matters
Europe's new regulatory framework is transforming the digital asset landscape by favoring fully compliant stablecoins and licensed service providers. Investors should expect continued changes as exchanges, banks, and fintech companies adjust their product offerings to meet evolving regulatory standards.
Why It Matters to Foreign Currency Holders
Stablecoins are becoming an increasingly important bridge between traditional currencies and blockchain-based financial systems. Regulatory changes affecting major stablecoins may influence how investors access digital dollars, transfer value internationally, and participate in tokenized financial markets.
Implications for the Global Reset
Pillar 4 – Technology
MiCA is accelerating the transition toward a more regulated digital financial infrastructure, encouraging the adoption of compliant stablecoins while establishing clearer standards for blockchain-based payments and digital assets.
Future Outlook
As MiCA enforcement continues across the European Union, additional exchanges and financial institutions may further limit support for non-compliant stablecoins. This is likely to strengthen the position of regulated digital dollar alternatives while encouraging issuers to adapt their products to meet international regulatory standards. The long-term result may be a more standardized and institutionally accepted stablecoin ecosystem.
This is not just about one stablecoin—it reflects the broader global shift toward regulated digital payments, stronger oversight of blockchain finance, and the continued modernization of the international financial system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
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Is a Gold-Backed Monetary Reset Coming on July 4th?
Is a Gold-Backed Monetary Reset Coming on July 4th?
VRIC Media: 7-4-2026
The landscape of global resource investment is undergoing a profound transformation, characterized by shifting geopolitical alliances and a fundamental rethinking of monetary policy.
In a recent interview at the Vancouver Resource Investment Conference (VRIC), industry expert Jennifer Shaigec provided a compelling analysis of these trends, offering a roadmap for investors looking to navigate an increasingly complex economic environment. Her insights cover everything from the rise of “soft nationalization” to the strategic importance of emerging trade corridors.
Is a Gold-Backed Monetary Reset Coming on July 4th?
VRIC Media: 7-4-2026
The landscape of global resource investment is undergoing a profound transformation, characterized by shifting geopolitical alliances and a fundamental rethinking of monetary policy.
In a recent interview at the Vancouver Resource Investment Conference (VRIC), industry expert Jennifer Shaigec provided a compelling analysis of these trends, offering a roadmap for investors looking to navigate an increasingly complex economic environment. Her insights cover everything from the rise of “soft nationalization” to the strategic importance of emerging trade corridors.
One of the most pressing concerns for modern investors is the evolving role of government in resource development. Shaigec points to the rise of what she terms “soft nationalization.” Unlike the overt seizures of the past, this modern iteration is more subtle, involving strategic increases in taxes, royalties, and regulatory hurdles.
By effectively increasing their stake in resource projects, governments are exerting greater control over essential commodities, which inevitably impacts the investment climate. For those in the mining and energy sectors, understanding the political stability and fiscal policy of a host nation has never been more critical.
Perhaps the most intriguing part of the discussion centers on the “Middle Corridor”—a vital trade and resource route spanning Central Asia, Armenia, and Azerbaijan. Historically significant for its Caspian Sea oil reserves, this region is regaining its status as a nexus for energy and mineral transit. Shaigec argues that this corridor is a foundational element of a new global order.
As a theater for the new “great game,” it has become a focal point for geopolitical maneuvering between the U.S., EU, China, Russia, and localized powers. For the astute investor, this region represents both immense opportunity and significant risk, as it lies at the intersection of shifting global influence.
The conversation also pivots to the future of finance, specifically the tension between Central Bank Digital Currencies (CBDCs) and stablecoins.
Shaigec highlights the divergent approaches taken by global institutions and the U.S. government, raising the possibility of a return to gold-backed digital assets. Furthermore, she observes that the European Central Bank is aggressively accumulating gold reserves, potentially signaling a challenge to the long-standing dominance of the U.S. petrodollar.
These moves suggest that gold remains the ultimate hedge in a world where monetary policy is becoming increasingly digitized and experimental.
Ultimately, Shaigec offers a cautionary perspective for those concerned about financial sovereignty. With the proliferation of digitized financial assets and the constant threat of cyber-attacks, the risk of asset volatility—or even modern forms of confiscation—is higher than ever.
Her advice is rooted in classic investment wisdom: true security comes from diversification. She emphasizes the importance of holding physical gold and silver, alongside a strategy of geographic dispersion. By diversifying where one holds assets, investors can protect themselves against localized economic disruptions and the rising tide of global uncertainty.
As the international order continues to realign, staying informed is the first step toward safeguarding your financial future. Whether you are interested in the geopolitics of the Middle Corridor or the potential for a gold-backed monetary transition, there is far more to uncover in the full discussion.
More Iraq News Posted by Tishwash at TNT 7-4-2026
TNT:
Tishwash: Parliament opens its legislative session with a reading of the cybercrime law.
The Media Department of the House of Representatives published the agenda for the first session of the second legislative term, which will be held on Monday, July 6, 2026, after the end of the legislative holiday.
At the top of the agenda is the controversial Cybercrime Law, which faced mixed reactions when presented to Parliament during previous sessions, leading to the postponement of its reading. link
TNT:
Tishwash: Parliament opens its legislative session with a reading of the cybercrime law.
The Media Department of the House of Representatives published the agenda for the first session of the second legislative term, which will be held on Monday, July 6, 2026, after the end of the legislative holiday.
At the top of the agenda is the controversial Cybercrime Law, which faced mixed reactions when presented to Parliament during previous sessions, leading to the postponement of its reading. link
Tishwash: Prime Minister's Advisor: Iraq succeeds in securing its first international financing with a sovereign guarantee to support the private sector
The advisor to the Prime Minister, Saleh Mahoud Salman, announced today, Thursday, the completion of the first international financing transaction for an Iraqi private sector project with an Iraqi sovereign guarantee. This was achieved in cooperation with the German institution AKA Ausfuhrkredit-Gesellschaft mbH, and in partnership with the German Commerzbank.
This step is considered a significant accomplishment within the government's efforts to support economic reform and enhance the confidence of international financial institutions in the Iraqi economy.
Mahoud explained in a statement received by the Iraqi News Agency (INA) that "this transaction represents the beginning of a new phase in utilizing sovereign guarantees to attract international financing, technology, and investments, which will contribute to enabling the private sector to implement developmental and productive projects with a direct economic impact. It also reflects the success of building partnerships with leading international banking institutions, most notably Commerzbank, one of the most prominent European banks."
He added that "this achievement is the first in a series of development financing projects that are hoped to be implemented during the next phase, which will support the diversification of the national economy, enhance local industry, provide job opportunities, and consolidate partnerships with global financial institutions."
He stressed that “the success of this operation is the result of coordination and cooperation between Iraqi government agencies (the Ministry of Finance and the Trade Bank of Iraq) and international partners,” expressing his appreciation to all Iraqi and international parties that contributed to achieving this accomplishment, which represents a practical step towards expanding financing and investment opportunities in Iraq, and enhancing the presence of international banks and financial institutions in financing Iraqi private sector projects. link
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Tishwash: A presidential decree has been issued referring the Sudanese president and several members of his former government to retirement.
The President of the Republic issued a presidential decree ordering the retirement of former Prime Minister Mohammed Shia al-Sudani and a number of members of his former government, based on the provisions of the Constitution and the Unified Retirement Law.
According to the information, the decree did not include the ministers who continued to hold their positions within the current government formation, including Foreign Minister Fuad Hussein and Justice Minister Khalid Shawani.
The Republican Decree No. (24) stated that the decision was based on the provisions of Clause (Seventh) of Article (73) of the Constitution, and Clause (First) of Article (14) of the Unified Retirement Law No. (9) of 2014, and based on what was presented by the Prime Minister.
The decree included the referral of each of the following :
Mohammed Shia'a Sabbar Al-Sudani, Prime Minister.
Hayyan Abdul Ghani Abdul Zahra, Deputy Prime Minister and Minister of Oil.
Taif Sami Mohammed, Minister of Finance.
Abdul Amir Kamel Abdullah, Minister of the Interior.
Saleh Mahdi Mutallab, Minister of Health.
Khaled Battal Najm, Minister of Industry and Minerals.
Atheer Dawood Salman, Minister of Trade.
Awn Dhiab Abdullah, Minister of Water Resources.
Ahmed Fakak Ahmed, Minister of Culture, Tourism and Antiquities.
Ahmed Jassim Saber, Minister of Labor and Social Affairs.
Haha, Mustafa Al-Askari, Minister of Environment.
Benkin Abdullah Rikani, Minister of Construction, Housing and Public Municipalities.
· link
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Tishwash: A leader in the Reconstruction and Development Coalition: Banking system reforms have tightened the noose on the funds of corrupt individuals.
Mashreq Al-Fariji, a leader in the Reconstruction and Development Coalition, confirmed that the reforms adopted by the government of Prime Minister Mohammed Shia Al-Sudani in the banking system and combating money laundering have contributed to narrowing the loopholes that were used to smuggle illicit funds.
Al-Fariji said in a post on the (X) platform that the money of the corrupt is now being stored in houses, farms and concrete walls, after the closure of the roads that were previously used to smuggle or launder money.
He added: "Why is the money of the corrupt hidden in houses, farms, and concrete walls? Because it was Mr. Al-Sudani's government that reformed the banking system and combated money laundering and smuggling, thus narrowing the loopholes that the corrupt were accustomed to using... The rest is up to Mr. Al-Zaidi." link
Tishwash: Government plan to restructure and reduce the number of banks
The Iraqi government is accelerating its steps to restructure the banking sector, as part of a reform plan that extends over the next two years, aimed at building a banking system more integrated with the global financial system, coinciding with the resumption by the United States of dollar shipments to Iraq after a hiatus of several months.
The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, said in an interview followed by (Al-Mada) that the government is currently implementing a roadmap to reform the banking sector in cooperation with international auditing firms, expecting that the next 24 months will witness a major transformation in the sector’s structure.
He explained that the plan includes reducing the number of banks in exchange for increasing their capital, expanding their relationships with global banks, and increasing the number of correspondent banks, considering that these indicators reflect progress in the path of financial reform.
Saleh added that Iraq is moving towards a transition from "geopolitical" to "geoeconomic" status, a transformation that requires a banking system capable of financing economic activity in accordance with governance and transparency standards, after years of the sector being affected by political conditions that hindered its integration into the international financial system.
He pointed out that the restructuring includes strengthening financial compliance and preventing the misuse of funds for purposes other than economic ones, in line with the requirements for combating money laundering and terrorist financing, noting that Iraq seeks to move from the grey list to the white list by adhering to international standards.
Saleh confirmed that the reform program includes merging a number of local banks, liquidating a limited number of them, involving international banks, and adopting international auditing and accounting systems, which will enhance the credit rating, reduce risks, and raise the efficiency of liquidity management.
He explained that the presence of experts from the US Treasury Department and international institutions comes within the framework of technical cooperation to develop the banking sector, and does not affect national sovereignty, stressing that building a transparent banking system is a prerequisite for improving the investment environment and attracting capital.
In a related development, the New York Times reported, in a report followed by (Al-Mada), that the United States has resumed dollar shipments to Iraq after suspending them for months, which was confirmed by the spokesman for the Prime Minister, Haider al-Abudi, along with the financial advisor, Mazhar Muhammad Salih.
The flow of dollars into Iraq is subject to strict monitoring under mechanisms overseen by the US Federal Reserve, as part of measures aimed at ensuring transparency in the movement of funds and preventing their use in money laundering operations or their access to entities subject to sanctions, while the Central Bank of Iraq relies on these transfers to meet market needs and finance import operations. link