News, Rumors and Opinions Saturday 8-22-2026

Ariel:  Iraq’s Digital Currency Transition

8-21-2026

Convergence Events: Iran Militia Abandonment, Digital Currency Pivot, Midterm Contingency Protocol

Why Iran Walked Away:

The U.S. Treasury campaign Operation RIAL COLLAPSE (I made that up) ran for approximately 18 months. It was not a sanctions regime. Sanctions are public-facing and performative.

What Treasury executed was a systemic financial strangulation protocol. Working through Treasury’s Office of Foreign Assets Control, the Financial Crisis Enforcement Network, and a cooperative liaison with the Iraqi Central Bank’s newly digitized clearinghouse, the U.S. systematically identified and froze every secondary and tertiary financial channel Iran used to move currency.

Iraq’s Digital Currency Transition:

Iraq’s announcement that it is going digital is not separate from the U.S. Treasury campaign. It is the second phase of it.

The dinar has been manipulated for years through black-market currency auction operations run through the Central Bank of Iraq. The weekly currency auctions which were nominally managed to stabilize the dinar were in fact a mechanism through which billions of dollars were siphoned to militia networks, Iranian intermediaries, and corrupt Iraqi political figures. The auctions were a Cabal revenue pipeline.

Digitization kills this pipeline. A fully digital currency system with transparent ledger tracking makes the currency auction manipulation functionally impossible. Every transaction is traceable. Every intermediary is identifiable. Every siphon point is exposed.

This is what the user’s original analysis regarding the deletion of three zeros from the dinar connects to. The redenomination is not merely a cosmetic currency reform.

It is the replacement of the old manipulated dinar with a new digital instrument that carries no legacy baggage. The old dinar was the currency of corruption. The new digital dinar is the currency of accountability.

Read Full Article:
https://www.patreon.com/Prolotario1/posts/convergence-iran-167240113

https://dinarchronicles.com/2026/08/21/prolotario-iraqs-digital-currency-transition/

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

Militia Man 1310 is not a REER.  1310 is the current official exchange rate the Central Bank of Iraq uses for formal transactions.  It is an administered rate, not a market determined one.  A REER (Real Effective Exchange Rate) is different.  It's a managed move that looks at the dinar's real value against a basket of currencies adjusted for inflation... The Iraqi dinar is not freely commercially traded on major global markets the way currencies like the euro, yen or pound are...1310 is not a Real Effective Exchange Rate...

Stephen  For everyone wanting to poo-poo on the dinar investor and say, 'Look, they're telling us they're redenominating their currency.  It's going to be a neutral event.'  This is exactly what I always expected.  If there was going to be a revaluation or reinstatement of Iraq's dinar to its former value or increase it to a dollar...it would be accompanied by talk of a redenomination...

Jeff They'll probably have 90 days to turn in large notes to get small ones.  That's in-country.  The 90-day expiration of the large notes will apply to everybody.  When the rate changes we're all going to have 90-days to run them in.  In Iraq they're going to get smaller notes.  Outside of Iraq you're going to do a currency swap and get your country's native  currency.  In our case we'll be turning in large note to the dollar.

Are World's Elites About To DUMP Everything? | Michael Pento

Liberty and Finance:  8-20-2026

Michael Pento warns that multiple historic financial bubbles are now converging, with equities, real estate, credit, and leverage all reaching extreme levels simultaneously.

He argues that AI investment is increasingly fueled by debt and circular financing rather than organic cash flow, potentially creating another major vulnerability in the credit markets.

Pento predicts the next market crash could be extraordinarily severe, with stocks potentially falling 50% and home prices declining 25–30%, while banks and municipalities face mounting losses.

He also warns that the government and Federal Reserve may lack the balance-sheet capacity to respond as they have in previous crises, potentially producing rising long-term interest rates and prolonged stagflation.

 Pento says investors should closely monitor credit spreads, real interest rates, financial conditions, and the Fed's balance sheet—and argues that gold and liquidity could become increasingly important.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Circular financing

6:55 Real estate bubble

13:50 Bank failures

18:00 Housing fraud or inflation fraud?

21:00 Hedging against crisis

https://www.youtube.com/watch?v=k2VDHRaIyuE

Iraq Economic News and Points To Ponder Late Friday Evening 8-21-26

Iraq Faces A Difficult Period... Al-Zaydi: We Have More Than One Solution To The Economic Crisis, And The Budget Will Soon Be Before Parliament - 8/21/2026

Latest News Friday,August 21, 2026 Baghdad - One News - 8/21/2026   Prime Minister Ali al-Zaidi affirmed that Iraq is going through a “critical” phase, given the escalating tensions in the region and the repercussions of the closure of the Strait of Hormuz on trade and the economy, stressing that the government has a range of alternatives and solutions to deal with the economic pressures and maintain the country’s stability.  

Al-Zaydi said, during his participation in the proceedings of the “Eighth Baghdad Dialogue” conference, that regional developments have placed Iraq before major economic and trade challenges, especially with the closure of the Strait of Hormuz, which represents a major passage for energy and trade in the region.  

He pointed out that the Strait of Hormuz did not witness a closure even during the years of the embargo on Iraq, considering that the current circumstances require the government to move quickly to secure alternative routes and reduce the repercussions of the regional crisis on the Iraqi interior.  

The Prime Minister explained that the government has begun activating border crossings and enhancing their capacity to accommodate the movement of goods and trade, as part of a plan aimed at diversifying import and export routes and reducing reliance on a single crossing in light of the turmoil in the region.  

In the financial file, Al-Zaydi announced that the government is preparing to send the draft budget to the House of Representatives soon, stressing that "the next stage" will witness reform measures to address the economic and financial challenges and enhance the state’s ability to cope with current pressures.  

He stressed that the government is not dealing with the crisis through a single option, emphasizing that it has “more than one solution” to the economic problems, and that work is underway on several parallel tracks to ensure the continuation of economic activity and to secure the country’s needs.(Possible monetary value increase)

The Prime Minister's remarks come at a time when Iraq is facing the direct repercussions of regional tensions and the closure of the Strait of Hormuz, amid challenges related to trade, energy, and public revenues. This has prompted the government to intensify its efforts to activate land border crossings and seek alternatives that mitigate the crisis's impact on Iraqi markets and the economy.     https://1news-iq.net/العراق-أمام-فترة-عصيبة-الزيدي-لدينا-أ/

Al-Fayyad Criticizes The Factions: The “Resistance” Phase Cannot Continue As A Permanent Occupation, And Disarmament By Force Will Bring Chaos - 8/21/2026

Baghdad - One News - 8/21/2026 The head of the Popular Mobilization Forces, Faleh al-Fayyad, stated that the “resistance” phase cannot continue as a permanent occupation, calling for the transfer of responsibilities to state institutions upon reaching the stage of stability.

Al-Fayyad said regarding the bombing of the Popular Mobilization Forces headquarters, that the statements, indications, and accounts that were conveyed from the American and Saudi sides before the bombing of Iraq indicate that the targeting was in Basra, while most of the martyrs fell in Mosul. So where is Basra in relation to Mosul? We did not record any sacrifices or martyrs in Basra.  

He stressed that no one but the Commander-in-Chief of the Armed Forces could remove him from his position, while warning against dealing with the issue of disarming the factions by force.https://1news-iq.net/الفياض-يلمز-الفصائل-مرحلة-المقاومة-ل/

Qasim Al-Araji, Supporting Al-Zaydi's Proposal: Confining Weapons Is A Sovereign Decision, And Dialogue Is The Way To Achieve It

Latest News Friday,August 21, 2026 Baghdad - One News - 8/21/2026   The security advisor to the Prime Minister, Qasim al-Araji, confirmed on Friday that what Prime Minister Ali al-Zaidi presented during the eighth Baghdad Dialogue Conference confirms the state’s steadfastness in its national choices, foremost among them being the restriction of weapons to state institutions and the consolidation of the rule of law.

  Al-Araji said in a post published on his account on the “X” platform that restricting weapons represents a sovereign Iraqi decision that is accomplished through dialogue and national understanding, in a way that preserves stability and puts the interest of Iraq and its people above all considerations.

He added that consolidating security, the rule of law, and preserving national decision-making are fundamental pillars for building a strong state, a stable economy, and an attractive investment environment.  

Al-Araji pointed out that Iraq is proceeding with a balanced national vision that enhances its position and protects its interests, explaining that its foreign relations are based on mutual respect and a balance of interests, which consolidates its presence as an active partner in promoting the security, stability and prosperity of the region.  

Al-Araji's statements come in support of what the Prime Minister put forward during the Baghdad Dialogue Conference regarding the issue of restricting weapons, and the emphasis on achieving it through dialogue and national understanding, within a path aimed at strengthening the authority of the state and preserving national decision-making.  

https://1news-iq.net/قاسم-الأعرجي-مؤيداً-طرح-الزيدي-حصر-الس/

Trump Unveils 'Unprecedented' Financial Siege Against Tehran - 8/20/2026

2026-08-20 / 03:43  Shafaq News- Washington   US President Donald Trump on Thursday launched a new push to isolate Iran economically, threatening countries and companies that maintain financial or commercial ties with Tehran with “severe economic consequences.”

In a post on Truth Social, Trump accused Iran of failing to seize an opportunity for a deal with Washington, declaring the “MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY.”  

“This will be Economic Warfare and Isolation on an unprecedented scale,” he wrote, portraying Iran as severely weakened after months of conflict, with its navy disappearing, its air force destroyed and its military factories reduced to rubble.  

  Donald J. Trump     TRUTH@realDonaldTrump

No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me. TRAGICALLY, for them, they have failed to take it. Therefore, today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!

This will be Economic Warfare and Isolation on an unprecedented scale. Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread.

Today, I am also announcing that ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences.

 Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW. You know who you are.

This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat. These maniacs are on the ropes, and these HISTORIC MEASURES will cripple them and their ability to project terror worldwide.

IRAN WILL NEVER HAVE A NUCLEAR WEAPON. THANK YOU FOR YOUR ATTENTION TO THIS MATTER.President DONALD J. TRUMP

  He also described Iran’s currency as worthless and “hanging by a thread,” warning that countries allowing their banks, companies, airports or government agencies to support Iran could face massive punitive measures.

Axios, citing US officials, previously reported that Washington was preparing new economic measures against Iran as it seeks to increase pressure on Tehran and bring it back to the negotiating table.  

The two countries signed an interim memorandum on June 17 aimed at ending nearly six months of war and paving the way for a broader agreement. The 60-day negotiating period set by the United States expired on Monday without a permanent settlement, while Trump indicated that no talks with Iran were underway or scheduled. 

https://www.shafaq.com/en/World/Trump-unveils-unprecedented-financial-siege-against-Tehran

Reuters: Trump Threatens Economic Consequences Against Any Country Providing A "Lifeline" To Iran, And The UAE Preempted This

latest newsThursday, August 20, 2026 Washington - One News - 8/20/2026   Reuters reported that US President Donald Trump warned of economic consequences against any country that provides “any kind of lifeline to Iran,” at a time when the United States is seeking to end a war it started alongside Israel about six months ago.  

The agency noted that Trump’s threats and announcements on social media do not always translate into detailed policies or actions implemented in the manner described in his posts.  

She added that Trump did not specify what steps the United States would take against any country that provides support to Iran, which could apparently include US allies who helped broker peace talks, nor did he name any country.  

She added that the United Arab Emirates, which hosts a major US military base, announced the suspension of all commercial activities, trade exchanges and financial transactions with Iran until further notice.  

https://1news-iq.net/رويترز-ترمب-يهدد-بعواقب-اقتصادية-ضد-أي/

Seeds of Wisdom RV and Economics Updates Saturday Morning 8-22-26

Good Morning Dinar Recaps,

When U.S. Debt Becomes a Currency Problem: The Dollar-Bond Relationship Enters a New Phase

The United States has crossed the $40 trillion debt threshold just as long-term Treasury yields remain elevated and the dollar weakens—raising a larger question about whether investors are beginning to view high U.S. yields as compensation for fiscal risk rather than simply an attractive return.

Overview

• U.S. federal debt has surpassed $40 trillion, while long-term Treasury yields have risen to levels not seen since 2007.

• Treasury Secretary Scott Bessent has expanded long-term bond buybacks in an effort to support the Treasury market, but the relief has so far been limited.

• Meanwhile, the dollar has fallen toward a three-month low, creating an unusual combination of higher U.S. borrowing costs and a weaker currency.

Key Developments

1. The $40 trillion debt milestone changes the conversation

The United States has now crossed a symbolic but significant threshold: total federal debt has exceeded $40 trillion.

The milestone comes after U.S. debt more than doubled since 2017, reflecting years of deficits in which government spending has consistently exceeded revenue. Rising interest costs are adding another layer of pressure to the federal budget.

The important issue isn't the $40 trillion number by itself.

It is what happens when a government must continually issue new debt while the interest rate demanded by investors is rising.

That creates a potentially difficult feedback loop:

More debt → more interest expense → greater financing needs → more Treasury issuance → greater pressure on yields.

That cycle is now becoming an increasingly important part of the global financial story.

2. Treasury is intervening—but the market is still testing the long end

The Treasury has taken an unusually active approach to the bond market.

The department announced that it would at least double certain long-term Treasury buybacks, and Bessent has indicated that additional purchases could follow.

The immediate objective is to improve liquidity and help bring down longer-term borrowing costs.

But the market has not simply accepted the intervention.

Long-term yields rose sharply earlier this week, with the 30-year Treasury yield reaching its highest level since 2007. Reuters reports that investors have been citing the fiscal outlook, heavy Treasury issuance, Iran-related geopolitical risks and uncertainty over Federal Reserve policy as reasons for demanding higher yields.

That is the critical distinction:

Treasury can influence market liquidity. It cannot simply eliminate the underlying demand for compensation for fiscal and inflation risk.

3. The dollar is sending an unusual signal

This is where the story becomes much bigger than the bond market.

Normally, higher U.S. Treasury yields can attract international capital because investors can earn more by holding dollar-denominated assets.

But the dollar has recently moved in the opposite direction.

Reuters reports that the dollar fell to a three-month low against the euro as investors questioned whether Treasury's buyback strategy would address the deeper fiscal problems confronting the United States.

That creates an unusual combination:

Higher long-term Treasury yields + weaker dollar.

The implication isn't necessarily that investors have lost confidence in the United States.

Rather, markets may increasingly be distinguishing between the yield being offered and the risk associated with holding the underlying asset.

Why This Matters

For decades, the dollar's position benefited from a powerful reinforcing mechanism:

U.S. Treasuries were viewed as the world's premier safe asset → global investors bought Treasuries → demand supported the dollar → the dollar's reserve status reinforced demand for Treasuries.

That relationship remains extraordinarily powerful.

But it is not immune to stress.

When Treasury yields rise because investors want additional compensation for inflation, fiscal deficits or uncertainty, higher yields don't necessarily produce a proportionally stronger dollar.

That is the potential change taking place now.

The yield itself may be becoming part of the risk signal.

The Treasury Market Is Becoming a Global Financial Transmission Mechanism

U.S. Treasury securities aren't simply another investment.

They serve as a benchmark for borrowing costs throughout the global economy.

When long-term Treasury yields rise, the consequences can spread into:

• Mortgage rates

• Corporate borrowing

• Government financing

• Equity valuations

• Emerging-market currencies

• Global capital flows

• Commodity pricing

Reuters recently noted that the pressure is not isolated to the United States. Major economies across the G7 are also confronting rising financing needs associated with aging populations, defense spending, climate-related costs and higher energy prices.

That means the Treasury market is increasingly part of a broader sovereign-debt repricing.

The Iran Conflict Adds Another Layer

The current environment is also being complicated by the war with Iran.

Higher energy prices can reinforce inflation at exactly the time that governments are trying to control borrowing costs.

Reuters has identified geopolitical risk from the Iran war as one of the factors investors are considering when pricing long-term Treasury debt.

That creates another difficult policy equation:

War → oil risk → inflation pressure → higher yields → higher government interest costs.

The longer elevated energy prices persist, the more difficult that equation becomes for central banks and governments alike.

Why It Matters to Foreign Currency Holders

This development is particularly important for foreign-currency holders because currency values are ultimately connected to confidence in the financial system behind the currency.

The dollar remains the world's dominant reserve currency, and nothing in the current data suggests that position is about to disappear.

But foreign investors are constantly comparing:

Return + risk + purchasing power + fiscal stability.

If U.S. yields remain high while the dollar weakens, that suggests investors are increasingly incorporating fiscal and inflation concerns into the dollar equation.

For foreign-currency holders, this is why watching only exchange rates can be misleading.

The larger question is:

What is happening underneath the currencies?

Implications for the Global Financial Reset

• Sovereign debt is becoming a central issue in the next phase of global finance.

The $40 trillion U.S. debt milestone is occurring alongside similar fiscal pressures across other major economies. The question of who finances government debt and at what price is becoming increasingly important.

• The dollar-Treasury relationship is being tested.

The dollar's traditional benefit from higher U.S. yields becomes less straightforward when yields are rising because investors are demanding compensation for fiscal and inflation risks.

• Central banks have less room to operate independently of bond markets.

Governments need manageable borrowing costs. Central banks need to maintain price stability. Investors want adequate compensation for risk.

Those objectives can come into conflict.

• The financial reset may be emerging through repricing rather than replacement.

This is an important distinction to understand.

There is no evidence that a single event is about to replace the dollar or overturn the existing monetary system.

Instead, we are seeing the gradual repricing of debt, currencies, commodities and risk.

That may ultimately prove more consequential than a dramatic overnight "reset."

What to Watch Next

1. Whether the 30-year Treasury yield remains above 5%.

2. Whether the Treasury expands its long-term bond buybacks again.

3. Whether the dollar continues weakening despite elevated U.S. yields.

4. Whether investors continue demanding higher compensation for long-term Treasury debt.

5. What Federal Reserve Chair Kevin Warsh signals at Jackson Hole next week.

6. Whether oil prices remain elevated as the Iran conflict continues.

7. Whether other major economies experience similar sovereign-debt pressures.

Treasury Secretary Bessent is also scheduled to hold a press conference Monday, potentially providing additional clues about the administration's approach to debt markets and financial policy.

Bottom Line

The most important development isn't simply that U.S. debt has crossed $40 trillion.

It is that this milestone has arrived at the same time that the Treasury market is demanding higher long-term yields and the dollar is weakening rather than strengthening.

The Treasury is attempting to stabilize the long end of the bond market through increased buybacks, but investors continue to focus on the deeper questions surrounding deficits, debt issuance, inflation and future interest costs.

That is why today's story represents a potentially important new phase for the global financial system.

The next stage of the global financial reset may not be defined by the dollar suddenly losing its reserve status. It may be defined by investors gradually changing the price they demand to finance the world's largest debtor—and by how that repricing flows through the dollar, Treasury market, commodities and central banks.

The question is no longer simply how high Treasury yields can go. It is whether higher yields can continue to support the dollar when those yields increasingly reflect the cost of carrying a $40 trillion debt burden.

Sources

• Reuters — U.S. debt crosses $40 trillion threshold after doubling under Trump and Biden

• Reuters — Dollar falls to three-month low on Treasury buyback worries

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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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Thank you Dinar Recaps

Rob Cunningham: Treasury Secretary Bessent is the Smartest Banker on Earth

Rob Cunningham: Treasury Secretary Bessent is the Smartest Banker on Earth

8-21-2026

Treasury Secretary Scott Bessent is the smartest banker on earth.

Stablecoins destroy the Central Banker’s scarcity deception when sound currencies and tokenized real-world assets prove – in real time – the vastness of real-world value that actually exist in abundance.

The deeper inversion is this:

Scarcity moves from declared fiat currency → to verifiably real money.

A central bank can print additional monetary units. It cannot print energy, gold, land, oil, food, productive capacity, human labor, or technological output into existence.

In a system built around verifiable reserves, transparent tokenization, auditable collateral, and freely negotiated exchange, the question changes from:

“How much money exists?”
to:
“What verifiable value does this money represent?”

That distinction is transformative. Money becomes less capable of manufacturing the appearance of abundance through monetary expansion while the genuinely scarce resources underneath it remain unchanged.

Or reduced to this:

You can print money.
You cannot print value.
Tokenize the truth, and the difference becomes impossible to hide.

Treasury Secretary Scott Bessent:Crypto is not a threat to the dollar. In fact, stablecoins can reinforce dollar supremacy. Digital assets are one of the most important phenomena in the world right now, yet they have been ignored by national governments for far too long. This administration is committed to establishing the United States as a hub for digital asset innovation, and the GENIUS Act moves us one step closer to that goal.

Watch on X:  https://twitter.com/i/status/1935404649718157691

Source(s):
• https://x.com/KuwlShow/status/2090575784935068125

https://dinarchronicles.com/2026/08/21/rob-cunningham-treasury-secretary-bessent-is-the-smartest-banker-on-earth/

The Clarity Act and the RV Explained | Global Financial Reset

The Clarity Act and the RV Explained | Global Financial Reset

End the Fed by Dr. Scott:  8-21-2026

John Michael Chambers assembles an expert panel—Will Barney, Captain Rob Cunningham, and first-time guest Doctor Scott Young—for a deep dive into the global financial reset, the Clarity Act, the RV, and the path from tyranny to sovereignty.

Will Barney opens with a critical point: we cannot have sound money without first reclaiming our sovereign elections and government.

 Captain Rob breaks down the Clarity Act, Russia's passage of crypto legislation, and why the Democrats are damned if they do and damned if they don't.

Doctor Scott Young shares his analysis of the Q posts, the EBS, and the military operation unfolding behind the scenes.

The panel weighs in on President Trump's recent clips—Chevron's record profits, the manufacturing boom, and the $19 trillion in investment coming back to America. They discuss the energy reset, the decoupling of oil from monetary policy, and why gas prices are about to drop through the floor.

An exclusive excerpt from a three-hour interview with 107 clarifies the RV and the GESARA—why the dinar and the Zim bond are based on somebody else's rules, and why everyone becoming a millionaire overnight is not realistic.

The panel also breaks down Guardian Daniel R.'s clarification on the birth certificate issue—why you will not receive wealth repatriation from the straw man accounts, but you will receive stolen tax money back.

https://www.youtube.com/watch?v=n-U03Tx5ybI

Seeds of Wisdom RV and Economics Updates Friday Afternoon 8-21-26

Good Afternoon Dinar Recaps,

India Pushes the Rupee Further Into International Trade as Dollar Dependence Gradually Diversifies

New trade rules make it easier for Indian exporters to invoice and receive payment in rupees, adding another piece to the gradual diversification of the global payments system.

Overview

• India has amended its Foreign Trade Policy to put eligible rupee export receipts on a more equal footing with foreign-currency earnings.

• The change allows exporters dealing with most countries outside the Asian Clearing Union to denominate contracts and invoices in rupees and receive payment in rupees, removing a regulatory obstacle to wider rupee-based trade.

• The development is significant for the global financial-reset story because it represents practical diversification of trade settlement, rather than simply political discussion about reducing dollar dependence.

Key Developments

1. India removes a barrier to rupee-based international trade

India's Directorate General of Foreign Trade amended the Foreign Trade Policy 2023, allowing export contracts and invoices with non-Asian Clearing Union countries to be denominated in either Indian rupees or foreign currencies.

Exporters can also receive their proceeds in rupees or foreign currency, while eligible rupee receipts can qualify for the same trade-policy benefits as foreign-currency earnings.

That distinction is important.

India is not merely encouraging companies to consider using the rupee. It is changing the regulatory framework so that using the rupee becomes easier within the existing export system.

2. The move could reduce reliance on the dollar for some transactions

For decades, much of international trade has ultimately been settled through the dollar, even when neither the buyer nor seller is American.

India's new rules create another option.

A foreign buyer that can obtain rupees through its banking system can potentially purchase Indian goods, settle the transaction in INR, and avoid converting into dollars for that particular trade.

This does not mean the dollar is being displaced.

Rather, it adds another currency to the international settlement network.

That distinction is important when evaluating claims about "de-dollarization."

The global financial system can diversify without the dollar suddenly losing its dominant position.

3. India's rupee strategy is developing while the currency itself faces pressure

There is an interesting contrast in today's story.

The rupee has been under pressure from higher oil prices, importer demand and geopolitical uncertainty. Reuters reported that the Reserve Bank of India has been actively intervening in foreign-exchange markets to limit the currency's decline.

At the same time, India's foreign-exchange reserves have risen to approximately $716.9 billion, a six-month high, supported by substantial capital inflows and increases in both foreign-currency assets and gold holdings.

That gives India a stronger financial cushion while it works to expand the international role of its currency.

Why This Matters

The important development isn't that India is trying to replace the U.S. dollar.

It is that India is building additional infrastructure around the rupee at a time when countries increasingly want alternatives for international settlement.

The new rules could be particularly useful for trading partners that experience dollar shortages, sanctions-related restrictions or high costs associated with dollar-based transactions.

For Indian exporters, rupee settlement can also reduce some of the need for currency hedging when the transaction itself does not require exposure to the dollar.

However, there is an important limitation:

A currency cannot become truly international simply because a government permits its use.

Foreign companies and banks must actually want to hold, exchange and deploy that currency.

That means India's next challenge is developing the financial infrastructure and international liquidity necessary to make the rupee convenient outside India's borders.

A Larger Shift in the Global Trade Architecture

India's move fits into a much broader development.

Countries are increasingly experimenting with local-currency settlement, bilateral payment arrangements and alternative cross-border financial channels.

The motivation differs from country to country.

For some, it is reducing exposure to dollar volatility. For others, it is lowering transaction costs. Some want protection from sanctions, while others simply want greater monetary independence.

India's approach is particularly significant because of the size of its economy and its growing role in global trade.

The more countries that develop functioning alternatives, the more diversified the international monetary system can become—even if the dollar remains dominant.

Why It Matters to Foreign Currency Holders

For foreign-currency holders watching the global financial reset, this is a development worth following because it concerns how currencies are actually used, rather than simply what governments say about them.

A currency's international importance ultimately depends on whether it can be:

• Used to settle international trade

• Held by foreign banks and businesses

• Exchanged efficiently

• Used to purchase goods and services

• Supported by liquid financial markets

• Trusted as a store of value

India is working on several of those pieces.

The rupee does not need to replace the dollar for its international role to become more important.

Even a gradual increase in rupee-based trade would contribute to a more diversified currency system.

Implications for the Global Financial Reset

• Trade settlement is becoming more diversified.

India's decision adds another practical pathway for international commerce outside traditional dollar settlement.

• The BRICS story is becoming more about infrastructure than headlines.

The most consequential developments may not be the creation of a single BRICS currency.

They may instead be local-currency settlement, payment systems, banking arrangements and mechanisms that allow countries to conduct more trade without first converting everything into dollars.

• The dollar remains dominant—but the architecture around it is changing.

This is the key point.

There is no evidence from today's announcement that the dollar is being replaced.

Instead, the global financial system is gradually acquiring more settlement options.

That could eventually make the international monetary system less dependent on any single currency, even while the dollar remains the largest reserve and settlement currency.

What to Watch Next

The most important indicators will be:

1. Whether foreign trading partners actually begin accepting more rupee-denominated contracts.

2. Whether international banks expand their ability to hold and transact in rupees.

3. Whether India's existing rupee-settlement mechanisms grow in volume.

4. Whether India expands bilateral arrangements with major trading partners.

5. Whether other BRICS and emerging-market economies introduce similar measures.

6. Whether the rupee becomes increasingly useful as a settlement currency even when the underlying trade does not involve India directly.

Bottom Line

India's latest move is not a dollar collapse story.

It is something more gradual—and potentially more important over the long term.

India is removing regulatory barriers that have made rupee-based international trade more difficult and is giving exporters greater flexibility to invoice and receive payment in their own currency.

At the same time, India's central bank is building financial buffers and actively managing currency volatility while the country's foreign-exchange reserves approach record levels.

The global financial reset may not arrive as a single dramatic replacement of the dollar. It may emerge through thousands of smaller changes in how countries trade, settle payments, hold reserves and manage currency risk.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Reuters — India eases rules for rupee export payments, seeks to widen trade settlement

• The Week — New FTP amendment: Will exporters be happy about trading in Rupee?

~~~~~~~~~~

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News, Rumors and Opinions Friday 8-21-2026

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR Update as of Fri. 21 Aug. 2026

Compiled Fri. 21 Aug. 2026 12:01 am EST by Judy Byington

On Mon. 24 Aug. 2026 the ISO 20022 messaging (that defines how banks transmit payment information), completes its transition across all major banking rails. For the first time in history SWIFT, Federal Reserve, European Central Bank, Bank of England, BRICS, IMF and all high value cross-border payment systems will speak the same transaction language. …Tier4b ISO20022 on Telegram Tues. 18 Aug. 2026

EXCLUSIVE: US National Debt Explodes Past $40 Trillion — Faster Than Anyone Predicted …Mr. Pool on Telegram Thurs. 20 Aug. 2026

In a stunning fiscal milestone that has sent shockwaves through Washington, the US national debt officially crossed the $40 trillion threshold this week, reaching $40.047 trillion according to the latest Treasury Department figures. The jump from $39 trillion took less than five months — an acceleration driven by soaring interest payments, war-related spending, and revenue shortfalls after courts invalidated key tariffs.

Economists warn this is no longer abstract accounting. Interest costs alone now consume a massive share of the federal budget, crowding out other priorities and raising the risk of a “doom loop” where higher debt forces higher rates, which force even more borrowing.

Maya MacGuineas of the Committee for a Responsible Federal Budget called it “unsustainable,” noting the debt has roughly doubled in a decade.

Lawmakers remain gridlocked on solutions ahead of the midterms, with both parties pointing fingers while the bond market shows volatility.

For ordinary Americans, this translates into pressure on mortgages, credit, and the long-term strength of the dollar.

Exclusive sources inside Treasury say internal briefings have grown increasingly urgent, with some officials privately describing the trajectory as “alarming.” The $40 trillion mark is more than just a number — it is a flashing red light over the entire US political and economic system.

~~~~~~~~~~~~

Thurs. 20  Aug. 2026  Bruce, The Big CallThe Big Call Universe (ibize.com)  667-770-1866

• A higher up said they were handling bonds in Miami, Geneva and Reno

• The Military was now giving out the Intel.

• A Military Intel person said that as of 6 pm EST on Wed. 19 2026 there was a five day window where Tier4b would receive notification to set exchange/redemption appointments and be able to start appointments. That would take it to Mon. 24 Aug. 2026.

• Redemption Center leaders received an email on Thurs. 20 Aug. 2026 that they should go in to work on Fri. 21 Aug. 2026 at 8:45 am.

• 50 billion dollars of US Treasury Bonds have been bought back from Venezuela to make their currency stronger.

Read full Post here:  https://dinarchronicles.com/2026/08/21/restored-republic-via-a-gcr-update-as-of-august-21-2026/

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

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

Militia Man  The last 48 hours has been pretty intense.  I think it's pretty good...I wouldn't be surprised if we see some big information in the next few days...These guys are putting pressure on them to get clarity and that's what we're looking for.

Jeff   There's a sequence of steps that have to happen in phases for them to be fully sovereign and fully international...The two next steps is going to be the cabinet getting approved and the rate change.  After that all the other dominoes will start to fall...When all the secondary steps happen after the government approval and the rate change, they'll be fully sovereign...

Reset Intelligence   Someone in your life has told you nothing is happening. Maybe it was a family member.  Perhaps a forum. Or the voice in your own head at 2am, staring at a stack of dinar and wondering if any  of this is real....The people who say nothing is happening are not lying to you. They are looking at the wrong layer, waiting for an announcement, and  announcements come last. The evidence never arrives as a headline with the word revaluation in it. It arrives as a customs database, a correspondent account, an arrest warrant, a pipeline signature, an audit, a budget calendar. It arrives, in other words, exactly the way the last 90 days arrived...

Nomi Prins: Why the Fed Has to Act as U.S. Debt Hits $40 Trillion

Pinnacle Digest:  8-21-2026

Nomi Prins believes the United States is approaching a financial crossroads as government debt surges past $40 trillion, long-term Treasury yields remain elevated, and confidence in the country’s ability to manage its debt comes under increasing pressure.

The former Goldman Sachs managing director explains why the real danger may no longer be what the Federal Reserve does with short-term interest rates, but what happens at the long end of the bond market as the cost of servicing America’s debt continues to climb.

 Prins argued that the Fed and Treasury could ultimately be forced toward some form of renewed quantitative easing or intervention in longer-term government debt. And the day following the interview, that is exactly what they did.

But unlike previous crises, she believes policymakers are increasingly constrained by inflation, enormous borrowing requirements, and a broader crisis of confidence. That leads directly to the assets central banks cannot print.

Prins maintains her call for gold to move toward $6,000 in 2026 and potentially higher, pointing to continued central-bank accumulation, physical demand, and gold’s increasingly important role as a reserve asset.

The conversation also explores why the artificial intelligence boom ultimately leads back to physical commodities. Data centers require enormous amounts of copper, silver, aluminum, steel, energy and other materials, creating demand that cannot simply be solved by creating more money.

 She also discusses mining jurisdictions including Morocco, Argentina and Mexico, growing resource nationalism, cobalt and the Democratic Republic of Congo, and why she believes the world is entering what she describes as a new commodities “mega cycle.”

https://www.youtube.com/watch?v=yRf8oHPhe3k

Iraq Economic News and Points To Ponder Late Thursday Evening 8-20-26

Independent Sources Reveal: Iraq's 2027 Budget Is Set At 200 Trillion Dinars, With The Exchange Rate Fixed At 1320.

August 20, 2026Last updated: August 20, 2026  Al-Mustaqilla - According to informed sources speaking to Al-Mustaqilla on Thursday, the Iraqi government is moving towards adopting a dollar exchange rate of 1320 Iraqi dinars within the 2027 budget project, with no current intention to change the adopted exchange rate.

According to the sources, the new budget project is being prepared based on the current exchange rate, in a move that reflects the government’s commitment to the policy of stabilizing the dinar’s exchange rate and not introducing sudden changes to the market during the next stage.

Information indicates that the size of Iraq’s budget for 2027 may reach about 200 trillion Iraqi dinars, which, if adopted at this size, would be one of the largest budgets in Iraq’s history since 2003, in light of the high volume of government spending and the increasing financial obligations of the state.

According to sources, the government is working on finalizing the draft budget, in preparation for completing it and sending it to the House of Representatives in the coming period, after which the process of discussion, amendments and voting on it will begin.

The Iraqi public is awaiting the 2027 budget proposal, especially regarding the exchange rate, spending volume, salaries, investment projects, and the mechanism for financing the deficit, at a time when public finances are facing challenges related to oil prices and non-oil revenues.

If the exchange rate remains stable at 1320 dinars to the dollar, this means that the government will continue to base its financial estimates on the current official rate, and will not adopt a change in the value of the dinar within next year’s budget, according to the data reported by the sources.

This information remains linked to the draft budget before its final approval, as the figures and details may undergo modifications during the government review   and discussion phases within the House of Representatives

https://mustaqila.com/المستقلة-تكشف-موازنة-العراق-2027-عند-200-تري/ a

Removing Zeros: A Currency Restructuring Or A Step To Boost Confidence In The Dinar?

Baghdad: Anwar Ayed     The issue of removing zeros from the Iraqi currency has resurfaced, amid economic debate about the feasibility of this step and its implications for the value of the dinar and the purchasing power of the citizen, as well as the readiness of the banking and financial sectors to implement it.

Economic experts believe that removing zeros, if implemented within a comprehensive study and a clear plan, could contribute to restructuring the currency and simplifying financial and banking transactions, while emphasizing that the measure itself does not mean an increase or decrease in the purchasing power of the dinar, as long as prices, salaries and savings are transformed at the same rate.  

Strengthening The Value Of The Dinar

Economic expert Haider Al-Sheikh told Al-Sabah newspaper: “Changing the Iraqi currency and removing zeros will enhance the value of the Iraqi dinar against foreign currencies,” explaining that “changing the currency will contribute to reviving the economy and providing cash liquidity to the government.”

The sheikh explained that the currency change process, according to the study, requires several months to print specific denominations in batches, in preparation for replacing them with the current currency. He pointed out that this process could contribute to strengthening the balances of government and private banks in Iraqi dinars and providing liquidity. 

The Necessary Cash.

He added that another benefit of the process is “knowing the amount of currency held by the government and banks, as well as knowing the volume of currency circulating in the market.”

The sheikh pointed out that Iraq, after 2003, printed more than 100 trillion dinars, indicating that about 70 percent of the printed cash is outside the government's control and stored in homes. 

And it is traded on the market.  

Renaming The Monetary Unit

For his part, economist Mustafa Faraj said that "removing zeros from the Iraqi currency, if implemented according to a comprehensive study and plan, represents a positive step towards restructuring the currency and simplifying financial and banking transactions," stressing that "the process itself does not necessarily mean an increase or decrease in value." 

The Purchasing Power Of The Dinar.

Faraj explained that removing three zeros, for example, means changing prices, salaries, and balances by the same percentage, and therefore the citizen's purchasing power does not change as a result of the removal alone.

He added that the main economic benefit is “reducing the volume of circulating figures, facilitating accounting and banking operations, supporting electronic payment systems, and making dealing in dinars more efficient and transparent,” stressing that the success of the step is linked to monetary stability, price control, and broad public awareness.

He explained that removing zeros could be part of a “broader monetary and banking reform package that enhances confidence in the dinar and supports economic stability.” 

It is not a single, formal procedure.

Risks Of The Conversion Phase

In contrast, economic researcher Ahmed Eid warned that the most prominent risks that may accompany the removal of zeros are not related to the accounting removal process itself, but rather to the conversion phase and what may accompany it in terms of confusion in the markets and exploitation by some traders, especially in rounding prices upwards.

He explained that goods with small prices may be more likely to increase when converted to the new monetary unit, which, if this is repeated on a large scale, may lead to citizens feeling an actual increase in the cost of living, even though the process of removing zeros is theoretically supposed not to change purchasing power.

Eid pointed to other risks, including the weak financial literacy of some citizens, particularly with regard to converting cash savings, pricing goods and services, contracts and debts, as well as the possibility of speculation and rumors spreading about the value of the dinar.

He stressed that these risks become greater if the operation is carried out during an economic period suffering from financial pressures and problems related to liquidity and confidence.  

Dual Pricing And Oversight

To protect the purchasing power of citizens, Eid called for the adoption of a sufficient transitional period preceding and accompanying the change process, during which dual pricing in the old and new dinars would be adopted, and precise rules would be put in place to prevent arbitrary rounding of prices, in addition to tightening control over markets and implementing a broad awareness campaign.  

He stressed the need for the central bank to ensure that all bank accounts, savings, debts, salaries and contracts are converted in the same proportion, with the new currency being made available in an organized manner, and a period of simultaneous circulation of the two currencies being maintained.

He stressed that “the most important thing is that the removal of zeros should be preceded by real financial and monetary stability,” explaining that protecting purchasing power is not achieved by changing the form of the currency, but rather by controlling inflation, stabilizing the exchange rate and addressing financial and economic imbalances.

Removing zeros: A currency restructuring or a step to boost confidence in the dinar?

https://iqdnews.substack.com/p/removing-zeros-a-currency-restructuring

  Iraq Wants To Delete Zeros From The Dinar But Will This Help Its Economy?

The National News   Iraq is again considering a long-standing and controversial plan to delete zeros from the dinar as the country struggles with a deepening budget squeeze. The latest discussions revive an issue debated in Iraq for more than two decades.

The proposal was first floated during the tenure of former US civil administrator Paul Bremer in 2003 and has repeatedly resurfaced without being implemented. This time, the debate comes as Baghdad's budget squeeze is worsened by the closure of the Strait of Hormuz, disrupting Iraq’s main oil export route.   https://www.youtube.com/watch?v=en8uMoy6SYs

Finance Minister Orders Acceleration of Iraq's First Program and Performance Budget

Mohammed Jangadost

At a Glance:

• Finance Minister Faleh Sari reviewed preparation for the upcoming draft federal budget under a program and performance model.

• Sari instructed the Budget Department to finalize draft allocations within specified deadlines and realistic fiscal estimates.

• The transition moves Iraq away from traditional line-item budgeting to link resources directly to strategic outcomes.

• The ministry aims to maximize spending efficiency amid broader fiscal pressures affecting the country.

Iraqi Minister of Finance Faleh Sari visited the Ministry of Finance's Budget Department to inspect ongoing work on the country's upcoming federal draft budget. During the review, Sari instructed officials to adhere strictly to completion schedules while implementing a program and performance budgeting framework designed to overhaul public expenditure management.

Key Statements and Focus Area:

• Transitioning Fiscal Strategy:"The Ministry is moving toward a gradual transition from line-item budgeting to program and performance budgeting. This approach links resource allocation directly to objectives, programs, and outcomes, thereby enhancing the efficiency of public expenditure management." — Faleh Sari, Iraqi Minister of Finance.
  

• Methodological Discipline:"Completing the draft budget within specified deadlines requires finalizing its requirements according to a precise methodology and realistic estimates to ensure it serves targeted national results." — Ministry of Finance press release.

Shift to Program and Performance Methodology

The Ministry of Finance is phasing out the traditional line-item framework, which historically focused on administrative inputs, in favor of a system that allocates funds based on measurable project deliverables. The new model ties operational and investment outlays directly to sectoral goals, providing clearer oversight over public spending efficiency.

Enforcing Preparation Deadlines

Minister Sari urged department leads to maintain momentum to meet structural deadlines for the upcoming budget cycle. He emphasized that precise revenue and cost estimations are critical to making the new budgeting model functional and sustainable for state institutions.

FYI

The adoption of a program and performance budget reflects an effort to modernize public financial management in Iraq.

Amid volatile energy revenues and structural fiscal pressures, linking state outlays to performance benchmarks allows authorities to prioritize essential infrastructure, improve transparency, and restrict wasteful administrative spending across government ministries.    https://channel8.com/english/news/64159

Seeds of Wisdom RV and Economics Updates Friday Morning 8-21-26

Good Morning Dinar Recaps,

The Dollar-Debt Disconnect: Why Higher Treasury Yields Are No Longer Supporting the Dollar

U.S. borrowing costs remain elevated as Treasury intervention loses momentum, oil approaches $95 and investors reassess the relationship between American debt, interest rates and the dollar.

Overview

• The Treasury's effort to stabilize long-term bonds has provided only temporary relief, with yields climbing again despite the expanded buyback program.

• The dollar is weakening even as U.S. long-term yields remain elevated,suggesting investors are increasingly weighing fiscal and inflation risks alongside interest-rate differentials.

• Oil has moved toward $95 a barrel, adding inflation pressure just as markets prepare for the Federal Reserve's Jackson Hole gathering and reassess the U.S. fiscal outlook.

Key Developments

1. Treasury intervention has not solved the bond-market problem

The Treasury's decision to increase purchases of longer-dated Treasury securities initially brought relief to global bond markets.

That relief has proved short-lived.

U.S. long-term yields have moved higher again, with the 30-year Treasury yield around 5.25%, after briefly declining following the Treasury's announcement. The market is effectively testing whether government intervention can overcome the underlying forces driving yields higher.

Those forces include large fiscal deficits, enormous Treasury issuance, inflation concerns and growing government interest costs.

Treasury Secretary Scott Bessent has indicated that the government could increase its buybacks further and has also discussed fiscal consolidation. But investors remain skeptical that spending reductions will be sufficient to substantially change the fiscal trajectory.

2. The dollar is sending a different signal

This is the part of today's story that makes it different from the bond-market articles Recaps has already published.

The dollar has fallen to a three-month low, even while U.S. long-term yields remain near multi-year highs. Reuters reports that investors are increasingly concerned about the U.S. fiscal picture and the credibility of attempts to stabilize the Treasury market.

Traditionally, higher U.S. yields have supported the dollar because they make dollar-denominated assets more attractive.

But the market is now asking a different question:

What if higher yields are increasingly interpreted as compensation for higher fiscal and inflation risk rather than simply as an attractive return?

That distinction could become increasingly important.

3. Debt and interest costs are becoming impossible for markets to ignore

The U.S. national debt has now exceeded $40 trillion, while interest costs are running at approximately $1.2 trillion annually, according to Reuters. The federal deficit is above 6% of GDP.

That creates a difficult feedback loop:

More debt → more Treasury issuance → higher borrowing costs → higher interest expense → greater financing needs.

Treasury buybacks may improve liquidity and reduce some market stress, but they do not eliminate that underlying cycle.

This is why today's bond-market story is ultimately a fiscal story.

4. Oil is adding another layer of pressure

Brent crude has moved toward $95 a barrel, with tensions surrounding Iran and the Strait of Hormuz contributing to renewed energy-market concerns. Oil prices are now at approximately one-month highs.

That creates another difficult equation for policymakers:

Higher oil → higher inflation pressure → fewer options for central banks.

If inflation remains elevated because of energy costs, the Federal Reserve has less room to cut rates aggressively.

Yet if the economy weakens under the weight of higher borrowing costs, maintaining restrictive policy becomes increasingly difficult.

Why It Matters

The significance of today's market isn't simply that the dollar is falling.

It is that the traditional relationship between U.S. yields and the dollar is becoming less reliable.

For decades, investors could generally understand the equation:

Higher U.S. rates → greater demand for dollars.

Today's environment is more complicated.

Investors are now simultaneously evaluating the return on Treasury securities and the risk associated with holding those securities.

That means the yield itself is becoming only one part of the calculation.

Why This Matters to Foreign Currency Holders

This changing relationship deserves attention from anyone holding foreign currencies.

Currency values are influenced by far more than central-bank interest rates.

Investors are also looking at:

• Government debt

• Fiscal deficits

• Inflation

• Energy costs

• Central-bank credibility

• Political and geopolitical risk

• Foreign demand for government bonds

If the dollar weakens while Treasury yields remain high, it could indicate that risk perceptions are beginning to offset the traditional advantage of higher U.S. returns.

That does not mean the dollar is collapsing.

It means the forces determining its value are becoming more complicated.

The International Monetary System Is Also Evolving

At the same time, countries are taking steps to make greater use of their own currencies in international trade.

India announced a change to its Foreign Trade Policy allowing export contracts, invoices and payments to be settled in either Indian rupees or foreign currencies. The measure is intended to make rupee-based international trade easier and expand the currency's use beyond India's borders.

This should not be interpreted as evidence that the rupee is replacing the dollar.

But it is another piece of a broader trend:

Countries are developing additional options for cross-border payments at the same time that the traditional dollar/Treasury relationship is being tested.

That makes this development particularly relevant to the global financial-reset discussion.

Implications for the Global Financial Reset

• The Treasury market remains the pressure point.

The world's financial system uses U.S. Treasury securities as a fundamental benchmark for pricing risk.

If investors demand persistently higher yields, the effects spread well beyond Washington into mortgages, corporate borrowing, equities, currencies and international capital flows.

• The dollar is being tested from a different direction.

The dollar's traditional advantage from higher U.S. yields becomes less powerful if investors begin viewing those yields as compensation for fiscal and inflation risks.

That doesn't eliminate the dollar's reserve role.

It changes the equation surrounding it.

• Global trade is gradually becoming more currency-diverse.

India's rupee initiative is relatively small compared with the enormous global dollar market.

But the structural direction matters.

More countries are creating mechanisms that allow trade to be conducted in local currencies, potentially reducing the need for dollars in some transactions.

The important story is therefore not "de-dollarization has happened."

It is that the global financial system is developing more alternatives while the U.S. financial system is simultaneously confronting its own debt and inflation pressures.

What to Watch Next

The next major signals will be:

1. Whether the 30-year Treasury yield remains around or above 5.25%.

2. Whether the dollar continues weakening despite elevated U.S. yields.

3. Whether Brent crude approaches or exceeds $100.

4. Whether the Treasury expands its bond-buyback program again.

5. What Federal Reserve officials signal at Jackson Hole about inflation and future interest rates.

6. Whether India and other emerging economies continue expanding local-currency trade mechanisms.

Bottom Line

The important shift today is not simply higher Treasury yields or a weaker dollar. It is the disconnect between the two.

The Treasury is attempting to stabilize long-term borrowing costs, yet investors continue demanding elevated yields. At the same time, the dollar is weakening rather than receiving the normal boost associated with higher U.S. rates.

Add $40 trillion in U.S. debt, approximately $1.2 trillion in annual interest costs, oil approaching $95 and growing use of local currencies in international trade, and the financial system is facing a much broader repricing of risk.

The next phase of the global financial reset may be less about a single currency replacing another and more about how debt, commodities, currencies and central-bank policy interact as investors reconsider what constitutes financial stability.

Sources

• Reuters — Global stocks set for biggest weekly fall as bond yields and oil stay high

• Reuters — Dollar falls as investors weigh U.S. Treasury's rescue efforts

~~~~~~~~~~

🌱 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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Friday Iraq News Posted by Tishwash at TNT 8-21-2026

TNT:

Tishwash:  The Washington Post: Iraq under al-Zaidi's leadership is on a path of positive change 

In an article published in The Washington Post on Thursday, Tim Constantine reviewed the key achievements of Iraqi Prime Minister Ali Faleh al-Zaidi during his first 100 days in office.

The article, titled "What Has Iraq's Prime Minister Accomplished in His First 100 Days?", stated: "When a new US president is sworn in, the media often rushes to make grand predictions about what can be accomplished in the first 100 days. The momentum generated by the national election, the enthusiasm surrounding the arrival of a new president, and the political capital he brings all raise expectations for the initial start.

In the fall of 2025, Iraq held its elections, but it took five months after the votes were counted for the Iraqi parliament to elect a new president, who in turn tasked Prime Minister-designate Ali al-Zaidi with forming a government. Al-Zaidi then won a vote of confidence from parliament. The entire process took approximately 180 days. After this lengthy process, the sense of urgency was palpable."

Many might say that 100 days in Iraq is nothing more than a fleeting moment in the life of a nation exhausted by crises and burdened by years of disputes, calculations, and anxieties. But this period seems to have been enough for Iraqis and the world to realize that something is beginning to change seriously, in an early test of the country's direction: Will Baghdad continue to manage its crises, or will it begin to manage its future?

In foreign policy, al-Zaidi didn't wait long to place Iraq at the heart of the international equation. Washington was his first foreign destination, at the invitation of President Trump, in a visit that carried more than one message.

Iraq didn't go to the United States simply to request security support; rather, it went to propose a new partnership centered on the economy, investment, energy, and infrastructure, and to build a relationship based not on crisis management, but on creating shared interests.
Herein lies the importance of the visit: Iraq is moving away from the image that makes it a country that primarily attracts attention when a crisis erupts, and is moving toward being seen as a country that offers opportunities for investment and partnership.

Of course, the path to nation-building is not through economics alone. Domestically, al-Zaidi opened one of the most sensitive files, namely the file of integrity and the recovery of public funds. Many governments around the world make promises to combat corruption, but the new Iraqi government has pushed the Integrity Commission to intensify its scrutiny and investigations into government contracts.

Many Iraqis were skeptical, having heard such promises before. Then came Operation Dawn, sending a clear political and legal message: no one is above the law if they steal from the Iraqi people. As we say in the United States, no one is above the law. According to a local Iraqi news agency, at least 210 officials, members of parliament, employees, and businessmen were arrested between June 28 and August 9.

In the past few days, headlines have included stories like “Iraq seizes another $26 million in cash and 60 kilograms of gold” and “Iraqi electricity official arrested with millions of dollars in cash.” It has become clear that the campaign is not just a publicity stunt, but a genuine effort. Al-Zaidi also directed the creation of a special account to be used for the public good, with funds recovered from corruption cases to be deposited.

But the biggest challenge facing the new government may be the issue of weapons.

In a country where armed factions possess armed personnel equipped with sophisticated military equipment, it is well known that restricting weapons to the state is not a simple administrative decision that can be implemented with a signature or a statement. Rather, it is a protracted struggle intertwined with power dynamics that have developed over many years.
As one of its initiatives during its first 100 days, the al-Zaidi government chose to confront the problem directly, declaring that the state alone must have the authority to make security decisions.

Al-Zaidi clearly affirmed that Iraqi forces are capable of protecting the country and that there will be no need for armed factions or foreign forces after September 30th, emphasizing that the government is moving forward with regaining control of weapons and placing them under state authority.

Here, three major objectives converge. Iraq, which wants to attract foreign investment, needs security. Iraq, which wants to recover its stolen funds, needs a strong judiciary and robust institutions. And Iraq, which wants to establish balanced partnerships with the world, needs, above all, a sovereign decision that no other entity can challenge.

One hundred days may be too early to declare that Iraq has changed, but it is not too early to say that Iraq's trajectory has begun to shift. There is a vast difference between a government that spends its time putting out fires and one that simultaneously tries to rebuild the nation.

Perhaps the most striking aspect of these first hundred days is that al-Zaidi did not treat them as a brief period to test intentions, but rather as an opportunity to change the rules of the game. Foreign policy, combating corruption, and consolidating weapons under state control are not separate issues; they are, in essence, a single battle aimed at restoring the state's authority, prestige, and ability to act.

The results may not yet be fully realized, and certainly not all of them have materialized in the daily lives of citizens.

The mission is not yet complete after 100 days of the new government, but the path has been charted. Iraq is engaging with Washington as a nation seeking partnership and mutual interests, opening its doors to investment instead of limiting its relationships to requests for aid, establishing integrity institutions to confront corruption, and clarifying, regarding the issue of weapons, that security decisions cannot be dispersed among multiple centers of power.

Therefore, the right question to ask when assessing the first 100 days of al-Zaidi's government should be: Has Iraq moved closer to becoming the state its people aspire to?

A definitive answer will require more time. But these 100 days have been enough to provide an unmistakable first indication: Iraq is no longer standing still. Iraqis are beginning to see their state taking initiative from within.
Perhaps the first 100 days of al-Zaidi's government can be described as a declaration of a new beginning: an Iraq that wants to be the master of its own destiny, the guardian of its own security, the custodian of its public wealth, and a partner whose interests and standing are respected by others.  link

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Tishwash:  Al-Zaydi: We will proceed with passing the Popular Mobilization Forces law as part of the armed forces.

on Thursday that the Popular Mobilization Forces enjoy the attention and care of the government, which will proceed with submitting the Popular Mobilization Forces Law for approval, as it is part of the formations and branches of the armed forces, indicating that Iraq is witnessing today a phase of building after completing the requirements of the process of defending sovereignty.

This came according to a statement from the Prime Minister’s Media Office, which was received by Shafaq News Agency, during Al-Zaydi’s reception of the head of the Badr parliamentary bloc, Hammam Ali Mahdi Al-Tamimi, and members of the bloc.

The office added in its statement that the meeting included discussions on the general situation in the country, politically, economically and in terms of security, and the government’s efforts in implementing its reform and development programs.

According to the statement, Al-Zaydi stressed the important role of the legislative authority in combating corruption and prosecuting corrupt individuals, explaining that "the government's project is based on building a state based on a solid economy," and emphasizing "the importance of finding radical solutions to problems with a new and innovative vision, and not postponing them." 

For their part, the head and members of the Badr bloc affirmed their absolute support for the government in all its reform steps and procedures, especially in the field of combating corruption and regulating weapons in accordance with constitutional mechanisms.

While some forces expressed a willingness to reorganize their military and security relationship with the state, other factions, including Kataib Hezbollah, Harakat al-Nujaba and Kataib Sayyid al-Shuhada, announced their refusal to relinquish their military capabilities, and linked any discussion about their weapons to the end of the presence of foreign forces and ensuring the protection of Iraq from external attacks.

September 30th also coincides with the deadlines related to ending the international coalition's military presence in Iraq, which some factions use as a basis for linking the future of their weapons to the withdrawal of foreign forces. link

Tishwash:  Minister of Finance: The budget is prepared by primarily including the government program and is carried out through 5 specialized committees.

Finance Minister Faleh Sari confirmed on Thursday that the budget is being prepared based on the government program and is being developed through five specialized committees.

The ministry said in a statement received by the Iraqi News Agency (INA): “Finance Minister Faleh Sari chaired an expanded meeting of the committees preparing the draft program and performance budget, with the participation of members of the Parliamentary Finance Committee and representatives from several ministries and international organizations, to follow up on the stages of preparing the draft budget and the requirements for the gradual transition to the program and performance methodology.”

According to the statement, the minister emphasized that “the budget preparation is being carried out through continuous technical work, with the participation of various stakeholders,” noting “the continuation of meetings with members of the legislative authority and representatives of ministries and governorates, which enhances the transparency of the budget preparation process and the involvement of relevant parties at its various stages.”

He explained that “the work is being carried out through five specialized subcommittees that are responsible for preparing the technical aspects of the draft budget in cooperation with the World Bank, with the aim of formulating a comprehensive framework for the new budget within a specific timeframe.”

He noted that "the government program approved by the Cabinet was essentially incorporated into the program and performance budget, linking programs and financial allocations to government priorities and objectives."

The statement added that "the representatives expressed their support for the transition to a program and performance budget, emphasizing the importance of its success and developing implementation mechanisms to enhance the efficiency of public finance management."  link

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Tishwash:  Al-Zaydi: We are working on preparing the 2027 budget and will send it to Parliament soon.

Prime Minister Ali Faleh al-Zaidi confirmed on Thursday that the government is currently preparing the 2027 budget and will soon send it to Parliament. 

A statement from the Prime Minister's office, received by the Information Agency, indicated that "al-Zaidi, during his meeting with members of the Sadiqun parliamentary bloc, emphasized the important and fundamental role of the legislative authority in strengthening government procedures and enabling it to implement its program, as well as the importance of the oversight and legislative role in combating corruption through monitoring performance in state institutions."

He explained that "the government is currently working on preparing the 2027 budget, which will be sent to Parliament soon," stressing "the implementation of the government's plan to increase oil production and exports in the coming years."

According to the statement, al-Zaidi also noted "the allocation of significant space in the budget to the electricity sector."  link

Iraq Economic News and Points To Ponder Thursday Evening 8-20-26

Al-Hashemi: Iraq Is The Biggest Loser From The Tightening Of The US Blockade On Iran

Money and business   Economy News – Baghdad  Economist Ziad al-Hashemi warned on Thursday of the repercussions of any US tightening of the economic blockade on Iran, stressing that Iraq may be one of the most affected regionally because of its dependence on Iranian gas and commodities.

"The surrounding countries of Iran, led by Iraq, Turkey, Turkmenistan, Afghanistan, Pakistan and Armenia, will be under direct American pressure to review their trade and financial relations with Tehran and avoid collisions with the United States," he said.

He added that "Washington is expected to use a large part of its resources to make its plan to tighten the economic blockade on Iran successful," adding that "the task will not be easy or guaranteed results, with Tehran having long experience in dealing with sanctions and the search for alternative outlets."

"Iran has the ability to maneuver through a parallel economy and cross-border trade and smuggling networks, in addition to continuing to use the paper of the Strait of Hormuz to pressure the global economy," he said.

Al-Hashemi explained that "Iraq may be the most affected regionally in the event of the application of the blockade in a strict manner, because of its great link to Iranian gas and many goods and products," noting that "the cessation of Iranian imports, especially gas, will deprive Iraq of an important source of operation of power plants."

Regarding China, Hashemi said that it “will not easily accept the imposition of a tight economic blockade on Iran, and may resort to maneuvering to maintain its trade relations, especially in the oil sector, but it may have to respond if the US measures are characterized by a high degree of tightness.”

He stressed that "the region is on the verge of a new economic test after the stage of direct military confrontations," pointing out that "any broad siege on Iran may impose a new economic reality reflected on the movement of trade and oil prices and the nature of economic relations between the countries of the region."

https://www.economy-news.net/content.php?id=72830

The Government On Its Plan To Secure Salaries: Internal Borrowing Is A Legal Option When Needed

Money and business  Economy News — Baghdad    The Prime Minister’s Advisor for Financial and Economic Affairs, Mazhar Mohammed Saleh, explained the features of the government’s plan to manage liquidity and secure salaries and operational expenses.

Saleh revealed in an interview with the official newspaper the nature of the financial strategy adopted to deal with monthly obligations, pointing out that "the public financial management is moving within a solid legal umbrella to ensure the stability of public spending, regardless of the severity of external challenges."

He added that "the disruptions of navigation and trade in the Strait of Hormuz have cast a shadow over the regularity of Iraqi oil exports, which represent the main artery and the adoption of the basis of cash flows feeding the budget."

Despite these pressures, Saleh stressed that “the financial authorities are keen to employ all technical tools to prevent these disturbances from being reflected on social benefits, especially the bill of salaries, wages, retirees and care for vulnerable groups.”

In this context, Saleh said that "the Public Finance Department operates in accordance with the tracks and provisions specified in the Federal Financial Management Law No. 6 of 2019, as this law provides the legal frameworks and approved ceilings to regulate the exchange operations and manage liquidity during the fiscal year, and to protect the stability of state institutions and their service duties."

The financial adviser reviewed the size of the monetary responsibility of the public treasury monthly, noting that "the bill of salaries, wages, pensions and allocations of the social welfare network for the month of August is close to eight trillion dinars per month, while the total liabilities rise to about ten trillion dinars per month when adding the administrative operating expenses necessary for the management of basic facilities and the continued operation of state agencies."

He pointed out that "this high volume of liabilities makes securing liquidity a top priority, especially in light of the high sensitivity of the budget to the fluctuations in global oil prices and the risks of regular cash flows from oil revenues."

To ensure the fulfillment of financial dues, Saleh pointed out that "the federal finance depends on an integrated plan based on several tools, where the available data record a relative improvement in oil revenues compared to the previous two months, which gives the financial management a better margin to control flows and meet basic needs, in parallel with the continuous work to activate non-oil revenues and activate the collection tools to provide the treasury with additional resources."

“The financial authority maintains internal borrowing instruments as a legally available tactical option to be used when needed to fill any temporary liquidity gaps, and to ensure that salary financing or the basic operation of state institutions does not falter,” he said.

The Prime Minister’s Advisor for Financial and Economic Affairs concluded by saying that “the financial stability of the state depends not only on direct oil revenues, but also on a dynamic management of liquidity that anticipates geopolitical shocks and maintains the continuation of the economic and social cycle in the country.

https://www.economy-news.net/content.php?id=72823

Judge Zeidan And Qalibaf Discuss The Implementation Of Agreements And Memorandums Of Understanding Between Iraq And Iran

Money and business   Economy News — Baghdad  The President of the Supreme Judicial Council, Judge Faik Zeidan, on Thursday, with the President of the Iranian Shura Council, Mohammad Baqer Qalibaf, the implementation of agreements and memorandums of understanding between Iraq and Iran.

A statement by the Supreme Judicial Council received by "Economy News", that "the President of the Supreme Judicial Council received the President of the Iranian Shura Council Mohammad Baqer Qalibaf and his accompanying delegation."

During the meeting, the two sides discussed ways to enhance bilateral cooperation between the two brotherly countries in the judicial and legal fields, and the follow-up and implementation of the agreements and joint memorandums of understanding signed between the two sides. https://www.economy-news.net/content.php?id=72821

Barzani: Expanding Trade And Attracting US Companies Are Two Pillars Of The Growth Of The Kurdistan Economy

Money and business    Economy News – Baghdad  The President of the Kurdistan Regional Government, Masroor Barzani, said on Thursday that strengthening economic and trade relations is a key factor in consolidating the security and stability of the region, pointing out that his government is working to attract more American companies to invest in the sectors of energy, agriculture, infrastructure and technology.

"The economic strength will contribute to enhancing the security and stability of the region, and expanding trade and economic relations with neighboring countries and international companies will provide more stability and protection," Barzani said.

"The regional government has made efforts to increase the volume of trade with neighboring countries and attract American companies to Kurdistan, not only in the energy sector, but also in agriculture, infrastructure, technology and other sectors," he said.

He expressed the hope that "American companies will view Kurdistan as an attractive investment destination," noting that "strengthening the economic partnership with the United States can go beyond security relations and contribute in turn to support stability."

Barzani pointed out that "expanding trade with the countries surrounding the region would reduce tensions and promote peace and prosperity," pointing out that previous problems with the federal government led to the reduction of trade volume with Turkey.

"We hope to solve these problems and resume trade with Turkey and Syria, in light of great economic potential and opportunities," he said, adding that the development path had been hampered by drone and missile attacks, as well as decisions he said had limited the growth of the region's economy.

He stressed that "the development of the economy of Kurdistan can reflect positively on the economy of Iraq and the entire region," stressing the need to invest resources and opportunities to achieve more economic prosperity.

Regarding US investments, Barzani said that "American companies are always welcome," adding that the regional government has from the beginning encouraged the signing of contracts with it, which prompted Baghdad, he said, to go in the same direction.

“Attracting more U.S. companies is important for both sides, but at the same time it requires protecting investments, infrastructure, employees and economic interests and providing a safe environment for their continued operation.”

https://www.economy-news.net/content.php?id=72837

The Minister Of Finance Stresses The Budget Department To Adhere To The Timings To Complete And Succeed

Money and business     Economy News – Baghdad  The Minister of Finance, Faleh Sari, on Thursday, a visit to the Budget Department, during which he followed the progress of work in the preparation of the next draft budget in accordance with the methodology of programs and performance.

Sari stressed that the ministry is moving towards a gradual transition from budgeting items to budgeting programs and performance, linking the allocation of resources to goals, programs and results, and enhancing the efficiency of public spending management.

He stressed the need to complete the draft budget within the specified times, and to ensure the completion of its requirements in accordance with a precise methodology and realistic estimates.

He stressed the importance of the success of the program budgeting and performance experience, as an essential step in the development of public resource management and directing spending towards priorities and results

https://www.economy-news.net/content.php?id=72836