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Iraq Economic News and Points To Ponder Monday Afternoon8-10-26

Oil Prices Rebound Over Unsettled Hormuz Deal

2026-08-10 Shafaq News    Oil prices rose on Monday as uncertainty persisted over the reopening of the Strait of Hormuz, with Iran saying the United States must meet several conditions even as Tehran and Oman moved into the final stages of agreeing on new shipping lanes.  Brent crude futures rose 84 cents, or 1%, to $84.39 a barrel by 0424 GMT, while U.S. West Texas Intermediate crude futures rose 60 cents, ⁠or 0.75% to $78.77 a barrel.

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Monday Iraq News Posted by Tishwash at TNT 8-10-2026

TNT:

Tishwash: Iraq regains its seat at the world table... Baghdad is advancing in Arab diplomacy and international partnerships

In a new indication of the expanding Iraqi presence abroad, Iraq ranked 12th in the Arab world and 94th globally in a ranking that measures the level of diplomacy and the ability of countries to build international relations and partnerships, according to data from the American magazine "U.S. News & World Report" .

Iraq has moved up in the rankings, ahead of Lebanon , which came in 13th place in the Arab world and 96th globally, while the UAE topped the list of Arab countries, ranking 28th globally, followed by Kuwait, Qatar, Saudi Arabia and Bahrain.

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News, Rumors and Opinions Monday 8-10-2026

Ross: All of this is Necessary Before the Revaluation of IQD

8-10-2026

Al-Zaidi is using the provincial coordination body to push land reform, electricity restructuring, fiscal caution, and service delivery while the regional environment is putting pressure on the budget.

All of this is necessary before the revaluation of IQD:

1. Executive procedures for the 1 million residential land plots project start 1 September 2026.

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Iraq Economic News and Points To Ponder Monday Morning 8-10-26

Will The Central Bank's Funds Be Sufficient To Cover Salaries? An Economist Explains.

Information/Baghdad...Economic expert Safwan Qusay clarified the Central Bank's ability to secure salaries for the upcoming period given the current circumstances.

Qusay told Al-Maalouma, “Iraq exports oil to the Turkish port of Ceyhan and 120,000 barrels per day via tankers to Banias in Syria, in addition to exports through the south towards the Strait of Hormuz, which approached 42 million barrels last July.”

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Iraq Economic News and Points To Ponder Late Sunday Evening 8-9-26

"The Most Widely Discussed Scenario" Removing Zeros To Withdraw Looted Funds And Address Salary Issues... Experts Warn Against A "Makeover".

2026-08-09 | Baghdad - 964   Economic and financial experts are discussing proposals to solve the liquidity crisis and salary delays plaguing Iraq, most notably changing the currency and removing zeros from the Iraqi dinar, or introducing additional denominations that correspond to the noticeable expansion in the size of the circulating money supply.

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THE GLOBAL CURRENCY RESET: Things That Must Happen FIRST

THE GLOBAL CURRENCY RESET: Things That Must Happen FIRST

Liberty Crusade Official:  8-8-2026

The modern financial landscape is undergoing a profound transformation. From persistent inflation and record-breaking national debt to shifting geopolitical alliances and technological disruptions, the global economy appears to be at a critical turning point.

In a featured commentary from Liberty Crusade Official, analyst Larry Ballard offers an expansive breakdown of these interconnected macroeconomic trends, proposing that seemingly isolated financial challenges are actually part of a synchronized global currency reset designed to reshape the international monetary framework.

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Iraq Economic News and Points To Ponder Sunday Afternoon 8-9-26

Dawn Crackdown Returns $370M+ To Iraq

2026-08-09 Shafaq News- Baghdad   The Iraqi state has recovered an estimated 482.6 billion dinars ($371.6M) in stolen assets under its Dawn Crackdown anti-corruption campaign, roughly equivalent to one month of salaries for the Foreign Ministry and its diplomatic staff, the Eco Iraq Observatory reported on Sunday.

The total comprises about 390.08 billion dinars ($300.3M) in cash, including $141 million converted into Iraqi currency, and half a ton of gold valued at 185,000 dinars per gram.

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‘We’ll Wake Up One Day to Find a Different World’: The BRICS+ Shift Is Here | Andy Schectman

‘We’ll Wake Up One Day to Find a Different World’: The BRICS+ Shift Is Here | Andy Schectman

Miles Franklin Media:  8-8-2026

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, ahead of the September BRICS summit.

Schectman argues that BRICS is no longer simply talking about challenging the dollar – it is methodically building the payment rails, commodity exchanges, vaults, and settlement mechanisms needed to operate outside the Western financial system.

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