Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 3-18-26
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Ripple Expands Into Brazil, Signaling Growing Role of Blockchain in Global Finance
Strategic push into Latin America positions XRP and blockchain infrastructure at the center of a rapidly evolving digital payments ecosystem.
Overview
Ripple is accelerating its expansion into Brazil, aiming to become a core infrastructure provider for the country’s fast-growing digital financial system.
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Ripple Expands Into Brazil, Signaling Growing Role of Blockchain in Global Finance
Strategic push into Latin America positions XRP and blockchain infrastructure at the center of a rapidly evolving digital payments ecosystem.
Overview
Ripple is accelerating its expansion into Brazil, aiming to become a core infrastructure provider for the country’s fast-growing digital financial system.
The company plans to roll out a full suite of blockchain-based services, including payments, custody, stablecoins, treasury management, and trading solutions, targeting banks and financial institutions.
As Brazil emerges as one of the most advanced digital payment markets in the world, Ripple’s expansion highlights a broader trend: blockchain technology is increasingly being integrated into national financial systems.
Key Developments
1.Ripple Targets Brazil’s Banking and Crypto Sector
Ripple is positioning itself as a one-stop blockchain solution provider for financial institutions.
Its strategy includes offering:
• Integrated payment infrastructure• Digital asset custody solutions• Stablecoin-based settlement systems• End-to-end blockchain lifecycle management
This approach allows banks to avoid relying on multiple providers, giving Ripple a competitive advantage in Brazil’s evolving financial landscape.
Ripple already works with several Brazilian institutions, strengthening its foothold in the region.
2.Potential Integration With Brazil’s Pix Payment System
One of the most significant opportunities lies in Brazil’s instant payment system, Pix, developed by the Central Bank.
Pix has transformed Brazil’s financial ecosystem by enabling:
• Instant, low-cost payments nationwide• High adoption across individuals and businesses• A centralized but highly efficient payment infrastructure
Ripple could potentially integrate its blockchain technology into Pix, creating a hybrid system combining centralized efficiency with decentralized settlement capabilities.
However, such a partnership would require regulatory approval, which remains a key hurdle.
3.Stablecoin Growth Strengthens Ripple’s Position
Ripple’s stablecoin, RLUSD, is gaining traction in Brazil as businesses seek:
• Faster cross-border settlements• Reduced transaction costs• Protection from banking restrictions
Stablecoins provide a digital alternative to traditional fiat transfers, allowing funds to move quickly and securely without reliance on legacy banking systems.
4.Brazil Emerges as a Digital Finance Leader
Brazil’s financial system is rapidly evolving due to:
• Widespread adoption of instant payments (Pix)• Increasing demand for digital assets and blockchain solutions• Strong participation from both banks and fintech firms
This makes Brazil a key testing ground for next-generation financial infrastructure.
Why This Matters
Ripple’s expansion reflects a broader global trend:
Blockchain is moving from the edges of finance into the core banking system.
Instead of replacing banks, companies like Ripple are:
• Enhancing existing financial infrastructure• Improving efficiency and settlement speed• Reducing costs in cross-border transactions
Brazil’s openness to innovation makes it a strategic gateway for blockchain adoption across Latin America.
Why It Matters to Foreign Currency Holders
For international users and investors, developments like this signal:
• Increased use of digital currencies in everyday transactions• Greater access to fast and low-cost cross-border payments• Growing competition between traditional banking and blockchain systems
Stablecoins and blockchain networks could eventually reduce reliance on slower, more expensive international transfer systems.
Implications for the Global Reset
Ripple’s expansion into Brazil highlights several key structural shifts:
1. Financial Infrastructure Is Being DigitizedBlockchain is becoming part of national payment ecosystems.
2. Stablecoins Are Gaining Real-World UtilityDigital currencies are increasingly used for settlement, not speculation.
3. Emerging Markets Are Leading InnovationCountries like Brazil are adopting new financial technologies faster than some developed economies.
If successful, these developments could contribute to a future where:
• Cross-border payments are instant and low-cost• Digital currencies operate alongside traditional money• Financial systems become more interconnected and decentralized
This is not just regional expansion — it is another step toward a digitally integrated global financial system.
Seeds of Wisdom TeamNewshounds News™ Exclusive
Sources
Watcher.Guru — “Ripple Expands in Brazil as XRP Strengthens in South America”
Reuters — “Brazil’s Pix system drives digital payment transformation”
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CBO Warns U.S. Debt Could Hit $64 Trillion as Global Confidence Faces New Test
Rising deficits, soaring interest costs, and shifting global demand signal mounting pressure on the financial system
Overview (Key Points)
The Congressional Budget Office (CBO) has issued a stark warning: U.S. national debt is projected to surge to approximately $64 trillion within the next decade.
The latest projections highlight rapidly rising deficits, escalating interest costs, and a worsening fiscal trajectory, raising concerns about long-term sustainability.
At the same time, BRICS nations are gradually reducing exposure to U.S. Treasuries, reflecting a broader shift in global financial dynamics.
Together, these trends point to growing structural stress within the global monetary system, where U.S. debt has long served as a foundational pillar.
Overview of the Numbers
According to the CBO’s February 2026 outlook:
U.S. national debt is projected to reach ~$64 trillion by 2036
Annual deficits are expected to rise from ~$1.9 trillion to ~$3+ trillion
Debt-to-GDP ratio is projected to climb from ~100% to ~118–120% by 2036
Cumulative deficits will total roughly $24+ trillion over 10 years
Interest payments are projected to exceed $1 trillion annually within the decade
CBO Director Phillip Swagel warned that “the fiscal trajectory is not sustainable,” underscoring the long-term risks.
Key Developments
1. Debt Growth Accelerates Beyond Historical Norms
The U.S. is entering a period of structurally higher deficits, averaging about 6% of GDP annually, compared to a historical average closer to 3–4%.
This reflects:
Rising entitlement spending
Higher defense and fiscal outlays
Tax policy impacts
Growing interest costs
The pace of borrowing signals a fundamental shift away from historically stable fiscal patterns.
2. Interest Costs Becoming a Dominant Expense
One of the most critical warnings is the explosion in debt servicing costs.
Interest payments are projected to:
Exceed $1 trillion annually within the next few years
Approach $2 trillion by the mid-2030s
At that level, the U.S. government could spend more on interest than on national defense, a historic turning point.
This trend reflects how higher interest rates amplify fiscal pressure, creating a feedback loop of rising debt and rising costs.
3. Debt-to-GDP Ratio Breaks Historical Records
The U.S. debt-to-GDP ratio is expected to surpass its previous record of 106% set after World War II.
Projections show:
~118–120% by 2036
Continued increases beyond that timeframe if policies remain unchanged
A rising debt-to-GDP ratio signals increasing reliance on borrowing relative to economic output, which can impact investor confidence over time.
4. Foreign Demand for U.S. Debt Shows Signs of Shifting
At the same time, several BRICS-linked economies are reducing holdings of U.S. Treasuries.
Countries such as:
China
India
Brazil
have trimmed Treasury exposure in recent periods, reflecting diversification strategies and evolving geopolitical priorities.
While the U.S. Treasury market remains the largest and most liquid in the world, any sustained decline in foreign demand could increase borrowing costs further.
5. Fiscal Outlook Raises Long-Term Stability Concerns
The combination of:
Rising deficits
Growing debt levels
Higher interest rates
creates a scenario where fiscal flexibility becomes increasingly limited.
This environment reduces the government’s ability to respond to:
Economic downturns
Financial crises
Geopolitical shocks
Why It Matters
U.S. Treasuries are widely considered the backbone of the global financial system.
They influence:
Global interest rates
Currency markets
Bank balance sheets
International reserves
When concerns arise about U.S. fiscal sustainability, the impact can extend far beyond domestic markets into the global financial architecture.
Why It Matters to Foreign Currency Holders
Changes in U.S. debt dynamics can influence:
The strength of the U.S. dollar
Global capital flows
Reserve currency strategies
If borrowing costs rise or demand shifts, it may lead to:
Higher global interest rates
Increased currency volatility
Portfolio diversification away from traditional assets
Implications for the Global Reset
Pillar 1: Debt Sustainability Pressures
The current trajectory highlights growing challenges in managing sovereign debt at scale.
As borrowing increases globally, questions about long-term sustainability and repayment capacity become more central to financial system stability.
Pillar 2: Gradual Shift Toward a Multipolar Financial System
As some nations diversify away from U.S. Treasuries, the global system may evolve toward:
Multiple reserve assets
Regional financial systems
Alternative payment and settlement mechanisms
This shift does not happen overnight, but incremental changes can reshape global finance over time.
Conclusion
The latest CBO projections serve as a clear warning about the trajectory of U.S. fiscal policy.
With debt expected to reach $64 trillion within a decade, rising deficits and interest costs are becoming central challenges for economic stability.
At the same time, shifts in global demand for U.S. debt highlight evolving dynamics in the international financial system.
While the U.S. remains the anchor of global finance today, the combination of rising debt and changing global behavior suggests that the system is slowly evolving under increasing pressure.
And when the foundation of global finance begins to strain, the implications can extend across every market, currency, and economy in the world.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Congressional Budget Office — "The Budget and Economic Outlook: 2026 to 2036"
Reuters — "US debt outlook darkens as deficits and interest costs rise, CBO says"
~~~~~~~~~~
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Seeds of Wisdom RV and Economics Updates Wednesday Morning 3-18-26
Good Morning Dinar Recaps,
Global Reset Series - Part 1
The Quiet Shift: Why the Global Financial System Is Slowly Changing
Several major financial trends are unfolding simultaneously across the world economy, suggesting the global monetary system may be entering a new phase of evolution.
Overview
The global financial system is not changing overnight — but multiple structural trends are emerging at the same time.
Good Morning Dinar Recaps,
Global Reset Series - Part 1
The Quiet Shift: Why the Global Financial System Is Slowly Changing
Several major financial trends are unfolding simultaneously across the world economy, suggesting the global monetary system may be entering a new phase of evolution.
Overview
The global financial system is not changing overnight — but multiple structural trends are emerging at the same time.
Economists and monetary institutions are increasingly focused on three major developments:
• record central bank gold purchases• development of digital sovereign currencies• modernization of global payment infrastructure
When viewed together, these trends suggest the gradual modernization of the international monetary system.
Institutions such as the Bank for International Settlements, the International Monetary Fund, and the Financial Stability Board are actively studying how these shifts could reshape global finance.
Key Developments
1.Central banks are increasing gold reserves
Global central banks have been purchasing gold at the fastest pace in modern history, according to the World Gold Council.
Gold remains a strategic reserve asset because it carries no counterparty risk and is widely accepted across financial systems.
2.Governments are developing digital versions of national currencies
More than 130 countries are researching or developing central bank digital currencies, according to international financial institutions.
Examples include:
• Digital Yuan issued by the People's Bank of China• e-Rupee developed by the Reserve Bank of India• Digital Euro proposed by the European Central Bank
These digital currencies could allow faster settlement of financial transactions and more efficient payment systems.
3.Global payment systems are being redesigned
International regulators are working to improve cross-border payments, which are often slow and expensive.
The G20 has launched a roadmap to reduce transaction costs and significantly speed up global payment settlement.
4.Emerging economies are building alternative financial infrastructure
Some countries are exploring regional payment systems and new trade settlement methods within alliances such as BRICS.
These initiatives aim to increase financial flexibility and resilience in global trade.
Why It Matters
Financial infrastructure determines how global trade operates, how currencies circulate, and how capital flows between nations.
Major changes to payment systems, reserve strategies, and currency technology can gradually reshape the global monetary framework.
Historically, shifts of this magnitude have unfolded over many years rather than through sudden resets.
Why It Matters to Foreign Currency Holders
For those following the concept of a global financial reset, these developments represent structural changes to the architecture of the monetary system.
The pillars being reshaped include:
• reserve assets• currency infrastructure• global payment networks
Understanding these foundations helps explain how future financial systems could evolve.
Implications for the Global Reset
Pillar 1 — Financial Infrastructure
New payment technologies and digital currencies could allow faster global financial settlement.
Pillar 2 — Monetary Stability
Central bank reserve diversification, including gold accumulation, reflects efforts to strengthen monetary resilience in a changing world economy.
Seeds of Wisdom Team View
The global financial system is not collapsing — it is evolving.
The trends unfolding today suggest the early stages of a modernization process involving digital money, diversified reserves, and redesigned payment rails.
These shifts may gradually lead to a more technologically advanced and multipolar financial system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
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A Message to Our Currency Holders
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News
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Iraq Economic News and Points To Ponder Wednesday Morning 3-18-26
Iraq Resumes Oil Exports To Turkiye’s Ceyhan Port After Erbil-Baghdad Agreement
2026-03-18 Shafaq News- Baghdad/ Erbil Iraq has begun exporting crude oil from Kirkuk to Turkiye’s Ceyhan port, with initial output set at 250,000 barrels per day, the North Oil Company said on Wednesday.
The company confirmed that the Saralu pumping station has been activated with an initial export capacity of 250,000 barrels per day.
Iraq Resumes Oil Exports To Turkiye’s Ceyhan Port After Erbil-Baghdad Agreement
2026-03-18 Shafaq News- Baghdad/ Erbil Iraq has begun exporting crude oil from Kirkuk to Turkiye’s Ceyhan port, with initial output set at 250,000 barrels per day, the North Oil Company said on Wednesday.
The company confirmed that the Saralu pumping station has been activated with an initial export capacity of 250,000 barrels per day.
The move follows a recent agreement between the federal government in Baghdad and the Kurdistan Regional Government (KRG) to resume exports from Kirkuk and the Kurdistan Region through the Kurdistan–Ceyhan pipeline.
Iraq’s oil exports have recently declined amid regional tensions and disruptions affecting shipping routes, including reduced flows through the Strait of Hormuz.
Oil Crash Puts Iraq On Downgrade Watch
2026-03-18 Shafaq News- Baghdad Iraq faces a potential credit downgrade after oil output plunged to about 1.2 million barrels per day (bpd) from 4.2 million bpd amid regional conflict, S&P Global said on Wednesday.
Oil accounts for about 60% of GDP, 90% of government revenue, and 95% of exports, leaving the economy highly exposed to supply shocks, according to official Iraqi government data.
In its report, S&P placed Iraq’s “B-” sovereign rating on CreditWatch negative, warning that disruptions linked to the Strait of Hormuz could strain fiscal and external stability. Lower output will cut revenue, tighten spending, and likely force the government to draw on reserves.
Foreign reserves stood at about $97 billion in mid-February, covering roughly 10 months of external payments, with part held in gold, supporting debt servicing, including Iraq’s $2.8 billion bond.
The drop follows disruptions to shipping through the Strait of Hormuz after Iran imposed restrictions in response to US-Israeli strikes. However, prolonged disruption could also weaken Iraq’s financial position through 2026, increasing downgrade risk. https://www.shafaq.com/en/Economy/Oil-crash-puts-Iraq-on-downgrade-watch
USD/IQD Exchange Rates Edge Higher In Baghdad And Erbil
2026-03-18 Shafaq News- Baghdad/ Erbil The US dollar opened Wednesday’s trading higher in Iraq, hovering near 155,000 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 155,000 dinars per 100 dollars, up from the previous session’s 154,500 dinars.
In the Iraqi capital, exchange shops sold the dollar at 155,500 dinars and bought it at 154,500 dinars, while in Erbil, selling prices stood at 154,900 dinars and buying prices at 154,800 dinars.
https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-edge-higher-in-Baghdad-and-Erbil
Gold Prices Fall In Baghdad And Erbil
2026-03-18 Shafaq News- Baghdad/ Erbil On Wednesday, gold prices declined in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.
Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.047 million IQD per mithqal (equivalent to five grams) for 21-carat Gulf, Turkish, and European gold, with a buying price of 1.043 million IQD. The same gold had sold for 1.088 million IQD on Tuesday.
The selling price for 21-carat Iraqi gold stood at 1.017 million IQD, with a buying price of 1.013 million IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.050 million and 1.060 million IQD, while Iraqi gold sold for between 1.020 million and 1.030 million IQD.
In Erbil, gold prices also declined, with 22-carat gold sold at 1.128 million IQD per mithqal, 21-carat gold at 1.078 million IQD, and 18-carat gold at 923,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-fall-in-Baghdad-and-Erbil-6-5
Kirkuk Oil Flows Cover Only 6% Of Iraq’s Output Despite $24M/Day Gains
2026-03- Shafaq News- Baghdad Iraq is generating about $24 million a day from resumed Kirkuk oil exports via the Kurdistan pipeline, but the flow covers just 6% of total output, limiting its impact as regional disruptions strain supply routes, Eco Iraq Observatory said on Wednesday.
In a statement, the Observatory said the estimate reflects shipments of roughly 200,000 barrels per day at $100 per barrel, after deducting transport costs of about $3.15 per barrel, shared between domestic operators and transit through Turkiye to Ceyhan.
Although the route bypasses the Strait of Hormuz, where Iran’s restrictions following US-Israeli strikes have slowed tanker traffic and raised costs, Eco Iraq noted the pipeline provides only partial relief without broader export diversification.
Flows resumed under a Baghdad-Erbil agreement, with capacity expected to reach 250,000 barrels per day, offering a limited but immediate workaround to maritime risk.
Oil Prices Pull Back As Iraq-Turkiye Deal Offers Modest Supply Relief
2026-03-18 Shafaq News Oil prices fell more than $2 per barrel on Wednesday to pare some of Tuesday's sharp gains after the Iraqi government and Kurdish authorities reached a deal to resume oil exports via Turkey's Ceyhan port, providing modest relief to concerns about supplies from the Middle East.
But with no signs of a de-escalation of the Iran conflict, which has left oil exports from the Middle East largely halted, Brent futures prices have settled above $100 per barrel for the prior four consecutive sessions.
After rising more than 3% on Tuesday, Brent futures retreated $2.26, or 2.19%, to $101.16 a barrel by 0429 GMT on Wednesday. U.S. West Texas Intermediate crude dropped $2.99, or 3.11%, to $93.22.
Iraq's oil minister Hayan Abdel-Ghani said oil flows from Ceyhan were expected to start at 0700 GMT on Wednesday, according to state media. Two oil officials said last week that Iraq was seeking to pump at least 100,000 barrels per day of crude through the port.
"The news provided some relief to the market. Any additional volume finding its way back to the market is valuable under the current situation, so prices moved down to reflect that," said LSEG senior analyst Anh Pham.
"But we are still in a $100 per barrel oil environment, and the crisis around the Strait of Hormuz shows no sign of stopping yet."
Oil production from Iraq's main southern oilfields, where most of its crude is produced and exported, has plunged 70% to just 1.3 million bpd, sources said on March 8, as the Iran conflict effectively shut the vital Strait of Hormuz through which some 20% of global oil passes.
Iran confirmed on Tuesday that its security chief Ali Larijani had been killed in an Israeli attack. He is the most senior figure targeted since Supreme Leader Ayatollah Ali Khamenei was killed on the first day of the U.S.-Israeli war at the end of February.
A senior Iranian official said Iran's new supreme leader had rejected de-escalation offers conveyed by intermediary countries.
The U.S. military said on Tuesday it had targeted sites along Iran's coastline near the Strait of Hormuz because Iranian anti-ship missiles posed a risk to international shipping there.
Larijani's death and the U.S. military's strikes on Iranian coastal positions near the Strait of Hormuz raised some hopes that the conflict could end sooner, said Mingyu Gao, chief researcher for energy and chemicals at China Futures.
U.S. crude stocks rose by 6.56 million barrels in the week ended March 13, market sources said, citing API figures on Tuesday.
A Reuters poll showed that U.S. crude oil stockpiles were expected to have risen by about 380,000 barrels in the week to March 13. (Reuters) https://www.shafaq.com/en/Economy/Oil-prices-pull-back-as-Iraq-Turkey-deal-offers-modest-supply-relief-amid-Iran-conflict
Oil: Pumping And Exporting Kirkuk Oil Via Ceyhan Port Resumes At A Rate Of (250) Thousand Barrels
Today, 10:30 Baghdad-INA The Ministry of Oil announced on Wednesday the resumption of pumping and exporting Kirkuk oil through the Ceyhan port at a rate of 250,000 barrels per day.
In a statement received by the Iraqi News Agency (INA), the ministry said, "In implementation of the directives of the Prime Minister and the Deputy Prime Minister for Energy Affairs and Minister of Oil, and following up with the Undersecretary for Extraction Affairs, and with direct implementation by the Director General of the North Oil Company, and in the presence of a representative of the Ministry of Natural Resources in the Kurdistan Region, crude oil pumping operations have resumed through the Turkish port of Ceyhan, after a period of suspension that posed a significant challenge to the oil sector."
The statement added that "this is the result of the agreement concluded between the federal government and the Kurdistan Regional Government, which contributed to reactivating one of the most important strategic export outlets and enhancing the flexibility of the Iraqi oil export system."
The ministry indicated that "the North Oil Company has begun operating the Saralu pumping station, signaling the resumption of pumping and exporting Kirkuk oil to the Ceyhan port, with an initial export capacity of 250,000 barrels per day, this step reflects the integrated efforts of all relevant parties to achieve shared national goals."
It explained that "the resumption of exports embodies a technical and administrative success that reflects the scale of the field and engineering efforts exerted by national personnel to ensure the readiness of the infrastructure and the continuity of operations with high efficiency."
According to the statement, the ministry affirmed that "this strategic step represents the pivotal role of the Kirkuk oil fields in supporting the national economy, demonstrating once again that challenges, no matter how great, cannot stand in the way of the determination and perseverance of the workers in this vital sector, who continue to work as one team to achieve accomplishments and serve Iraq."
“Tidbits From TNT” Wednesday AM 3-18-2026
TNT:
Tishwash: The Iraqi government sets the Eid al-Fitr holiday.
The Cabinet decided today, Tuesday, to suspend official working hours on the occasion of Eid al-Fitr, starting from tomorrow, Wednesday, March 18, until next Monday, March 23.
A statement issued by the council indicated that official working hours will resume in government departments and institutions next Tuesday, the 24th of this month
TNT:
Tishwash: The Iraqi government sets the Eid al-Fitr holiday.
The Cabinet decided today, Tuesday, to suspend official working hours on the occasion of Eid al-Fitr, starting from tomorrow, Wednesday, March 18, until next Monday, March 23.
A statement issued by the council indicated that official working hours will resume in government departments and institutions next Tuesday, the 24th of this month link
Tishwash: Iraq Secures Iran Approval for Oil Tankers to Transit Strait of Hormuz: Oil Minister
Iraq has reached an understanding with Iran to allow its oil tankers to pass through the Strait of Hormuz, Oil Minister Hayan Abdulghani said on Tuesday, after exports were halted due to escalating regional tensions.
Speaking to Qatar’s Al Jazeera, Abdulghani said Baghdad and Tehran had agreed to facilitate the transit of Iraqi oil shipments through the strategic waterway, a key global oil chokepoint.
The development comes a day after the minister announced that Iraq’s oil exports from its southern ports had completely stopped after military escalation in the Gulf region and the closure of the Strait of Hormuz.
The disruption forced Iraq to cut its oil production to less than half and search for alternative export routes.
Abdulghani said Iraq had previously exported around 3.4 million barrels per day from southern terminals, within its OPEC quota of 4.4 million barrels per day.
However, exports ceased two to three days after the outbreak of fighting in the region.
He added that the oil ministry had implemented an emergency plan to reduce production to between 1.5 million and 1.6 million barrels per day, aimed at meeting domestic demand and supplying refineries across the south, centre and north of the country.
Iraq’s refineries require more than 1.1 million barrels per day to operate, in addition to fuel supplies for power generation.
Separately, Bloomberg reported, citing Turkish and Indian officials, that Iran had also approved the passage of vessels from those countries through the Strait of Hormuz. link
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Tishwash: Between bonds and gold: An economic roadmap to protect Iraq's funds from the shocks of regional conflict
Economic expert Mohammed Al-Hassani said on Tuesday that Iraq needs to reconsider the management of its foreign reserves, especially between US bonds and gold, in light of global economic fluctuations.
Al-Hassani told Shafaq News Agency that "US bonds remain an important liquidity tool and generate a steady return, but they are highly dependent on the decisions of the Federal Reserve and interest rates, which exposes the country's holdings to the risk of devaluation if interest rates are raised."
He added that "gold is a safe haven in times of crisis and inflation, and it preserves purchasing power, but it does not generate an annual return like bonds and does not solve the problem of daily liquidity for government spending or paying salaries."
Al-Hassani pointed out that "the best strategy for Iraq lies in balancing the two, that is, keeping part of the reserves in US bonds to obtain liquidity and returns, and allocating part in gold to protect the reserves from economic or political risks."
He stressed that this “step could help Iraq reduce its dependence on the dollar and protect its economy from any sudden fluctuations in global markets, while maintaining sufficient financial flexibility to support national projects and government spending.”
The war that broke out on February 28, 2026, between the United States and Israel on one side, and Iran on the other, caused an almost complete paralysis of traffic in the Strait of Hormuz, the passage through which about 4.5% of total annual global trade passes, leading to a decline in navigation to very low levels.
As a result of the disruption to shipping through the Strait of Hormuz, Iraqi oil production has declined sharply from 4.3 million barrels per day to 1.3 million barrels per day.
This decline has led to Iraqi exports falling to less than 800,000 barrels per day, and a loss of $128 million per day after oil production stopped, according to the "Eco Iraq" observatory. link
Tishwash: Trump hints at annexing Venezuela: Has it become the 51st US state?
Trump hints at annexing Venezuela: Has it become the 51st US state?
On Tuesday, US President Donald Trump suggested that the United States now considers Venezuela part of its territory, and the 51st US state.
Trump wrote on his Truth Social account: "Wow! This evening, Venezuela beat Italy 4-2 in the World Series semifinals."
He added with absolute confidence: "They look really great, good things have been happening to Venezuela lately! I wonder, what is the secret of this magic? The 51st country? Is there anyone who can answer?"
His remarks come after a break, and perhaps a complete halt, in previous talks similar in content, regarding his intention to include Canada and Greenland in the American component.
In his post, Trump expressed his support for the Venezuelan baseball team as if it were a national team within the American component.
It is known that US forces carried out a military operation against Venezuela in the early hours of January 3, which resulted in the arrest of President Nicolas Maduro and his wife Cilia Flores, before they were transferred to New York to face charges related to drug trafficking.
The raids targeting the capital Caracas and other areas also resulted in casualties, with Venezuelan authorities announcing that at least 100 people were killed and a similar number were injured, including military personnel and civilians. link
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Mot: Wife gardening
Seeds of Wisdom RV and Economics Updates Tuesday Evening 3-17-26
Good Evening Dinar Recaps,
Gold Surge Signals Flight From Fiat as Global Uncertainty Intensifies
Safe-haven demand accelerates amid war, inflation fears, and financial system stress
Overview (Key Points)
Gold prices have surged sharply in the last 24 hours, signaling a major shift in investor behavior toward safe-haven assets.
Good Evening Dinar Recaps,
Gold Surge Signals Flight From Fiat as Global Uncertainty Intensifies
Safe-haven demand accelerates amid war, inflation fears, and financial system stress
Overview (Key Points)
Gold prices have surged sharply in the last 24 hours, signaling a major shift in investor behavior toward safe-haven assets.
As geopolitical tensions escalate and inflation risks rise, investors are increasingly moving capital out of risk assets and into gold, a traditional store of value during times of crisis.
The rally reflects growing concerns about currency stability, global debt levels, and the long-term reliability of fiat-based financial systems.
Because gold historically acts as a hedge against inflation and monetary instability, its rapid rise is often viewed as an early warning signal of deeper financial stress.
Key Developments
1. Gold Prices Climb on Safe-Haven Demand
Gold prices moved higher as investors reacted to:
Escalating Middle East conflict
Rising oil-driven inflation fears
Volatility in global markets
According to Reuters, safe-haven demand increased as uncertainty surrounding global economic conditions intensified.
This shift indicates that investors are prioritizing capital preservation over growth, a classic sign of risk-off sentiment.
2. Inflation Fears Drive Precious Metals Higher
Rising energy prices linked to geopolitical tensions are feeding into renewed inflation concerns.
Gold tends to perform well when:
Inflation expectations rise
Real interest rates remain uncertain
Currency purchasing power declines
As inflation risks re-emerge, gold is regaining its role as a monetary hedge.
3. Central Bank Buying Supports the Trend
Central banks—particularly in emerging markets—have continued to increase gold reserves in recent months.
This trend reflects:
Diversification away from the U.S. dollar
Long-term concerns about currency stability
Preparation for potential financial system shifts
The recent price surge suggests that institutional demand is reinforcing retail and investor flows into gold.
4. Currency Volatility Adds Momentum
Fluctuations in major currencies have also supported gold’s rise.
When currencies weaken or become unstable:
Investors often move into hard assets
Gold becomes a neutral store of value
Cross-border capital flows increase
This dynamic reinforces gold’s role as a global financial anchor during uncertainty.
5. Markets Signal Broader Financial Stress
The move into gold is not happening in isolation.
It is occurring alongside:
Volatility in equities
Uncertainty in bond markets
Rising geopolitical risks
Together, these signals suggest a broader shift in market psychology toward caution and capital protection.
Why It Matters
Gold is often seen as a barometer of trust in the financial system.
When gold rises sharply, it can indicate:
Declining confidence in fiat currencies
Rising inflation expectations
Increased systemic risk
As a result, gold movements are closely watched for signs of deeper financial instability.
Why It Matters to Foreign Currency Holders
Gold strength can signal weakness or instability in fiat currencies.
For currency holders, this may indicate:
Shifting global demand away from paper assets
Potential currency devaluation risks
Changes in reserve management strategies
These dynamics often play a role in long-term monetary system transitions.
Implications for the Global Reset
Pillar 1: Return to Hard Assets
The renewed demand for gold suggests a growing preference for tangible stores of value in uncertain times.
This trend could influence:
Reserve diversification
Monetary policy frameworks
Long-term financial system design
Pillar 2: Erosion of Fiat Confidence
As investors seek alternatives to fiat currencies, confidence in traditional monetary systems may gradually weaken.
This shift can accelerate discussions around:
Alternative reserve assets
Digital currencies
New financial architectures
Conclusion
The surge in gold prices highlights a critical shift in global financial sentiment.
As geopolitical tensions, inflation risks, and economic uncertainty rise, investors are turning to safe-haven assets to protect capital.
Gold’s strength is more than a market move—it is a signal of deeper concerns about the stability of the global financial system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Reuters — "Gold rises as safe-haven demand grows amid geopolitical tensions"
CNBC — "Gold prices climb as investors seek safety during market volatility"
~~~~~~~~~~
Global Shipping Risk Surge Threatens Trade System as War Pressures Key Routes
Rising insurance costs and rerouted cargo signal strain on global supply chains
Overview (Key Points)
Global trade is facing renewed disruption as shipping risks surge due to escalating conflict in the Middle East.
The threat to critical maritime routes—especially near the Strait of Hormuz—is forcing shipping companies to reroute vessels, increase security measures, and absorb rising insurance costs.
These disruptions are driving up the cost of transporting goods worldwide, adding inflationary pressure and straining global supply chains.
Because global trade relies heavily on efficient shipping networks, any disruption in key corridors can quickly cascade into broader economic instability.
Key Developments
1. Shipping Costs Rise as Risk Premiums Increase
Insurance premiums for vessels operating in high-risk areas have surged.
According to Reuters, shipping companies are now paying significantly more to operate in regions affected by geopolitical tension.
Higher insurance costs translate directly into:
More expensive shipping
Higher prices for goods
Increased pressure on global supply chains
2. Key Trade Routes Face Disruption
The Strait of Hormuz remains one of the most critical chokepoints for global trade.
Any disruption in this region affects:
Oil shipments
Liquefied natural gas flows
Broader cargo transport
Shipping firms are already adjusting routes to avoid risk, leading to delays and increased transit times.
3. Supply Chains Under Renewed Stress
Global supply chains, still recovering from previous disruptions, are facing new pressure from rising transport costs and delays.
Industries impacted include:
Manufacturing
Energy
Agriculture
Retail
These disruptions can quickly lead to inventory shortages and price increases.
4. Inflation Risks Rise Again
As shipping costs increase, businesses pass those costs on to consumers.
This creates:
Higher prices for goods
Renewed inflation pressure
Challenges for central banks
The situation complicates efforts to stabilize inflation after recent economic turbulence.
5. Trade Uncertainty Impacts Global Growth
Uncertainty in shipping routes and logistics networks can cause:
Businesses to delay investments
Companies to hold higher inventory levels
Slower global trade growth
These factors collectively act as a drag on economic expansion.
Why It Matters
Global trade is the backbone of the modern economy.
Disruptions in shipping can:
Increase costs across industries
Slow economic growth
Trigger inflation
Destabilize supply chains
Because trade connects economies worldwide, localized disruptions can quickly become global economic challenges.
Why It Matters to Foreign Currency Holders
Trade disruptions can significantly impact currency markets and capital flows.
Countries dependent on imports may see:
Currency weakening
Trade imbalances widening
Inflation rising
Meanwhile, exporters of key commodities may experience temporary economic advantages.
Implications for the Global Reset
Pillar 1: Fragility of Global Trade Infrastructure
The current disruptions highlight how vulnerable global trade systems are to geopolitical conflict.
This may accelerate efforts to:
Diversify supply chains
Regionalize trade networks
Reduce dependence on critical chokepoints
Pillar 2: Inflation and Systemic Pressure
Rising shipping costs contribute to persistent inflation, which can reshape:
Monetary policy
Consumer behavior
Economic growth patterns
These pressures play a role in broader financial system adjustments.
Conclusion
The surge in global shipping risk underscores how geopolitical conflict can disrupt the foundations of international trade.
As costs rise and routes are adjusted, the effects are being felt across supply chains, industries, and economies worldwide.
In a tightly connected global system, disruptions in trade corridors quickly translate into financial and economic instability.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Reuters — "Shipping costs surge as Middle East tensions disrupt key trade routes"
Lloyd’s List — "War risk premiums spike for vessels in Gulf region"
~~~~~~~~~~
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Iraq Economic News and Points To Ponder Tuesday Evening 3-17-26
The Coordination Framework Is Under Pressure... The Financial File Is Becoming An American Bargaining Chip In Baghdad
March 17, 2026Last updated: March 17, 2026 The Independent – Pressure is mounting on the coordination framework as the impact of US measures related to financial oversight and transfer channels widens, at a time when the financial file has emerged as one of the most effective tools of influence in Washington's relationship with Baghdad.
The Coordination Framework Is Under Pressure... The Financial File Is Becoming An American Bargaining Chip In Baghdad
March 17, 2026Last updated: March 17, 2026 The Independent – Pressure is mounting on the coordination framework as the impact of US measures related to financial oversight and transfer channels widens, at a time when the financial file has emerged as one of the most effective tools of influence in Washington's relationship with Baghdad.
Instead of direct political messages, compliance tools, financial audits, and controls on dollar transactions are being employed, imposing a new reality on the Iraqi economy and presenting the government and ruling powers with a difficult test regarding reforming the banking system and closing loopholes for manipulation.
According to banking analysts, the increased scrutiny of dollar-related transfers, coupled with stricter compliance requirements, has impacted the local market by slowing down some channels and raising transfer and trade costs.
This has contributed to widening the gap between the official and market exchange rates at certain times, creating opportunities for intermediaries and networks to exploit the imbalances.
Financial sources confirm that the root of the problem lies not only in external restrictions but also in chronic internal deficiencies in invoice auditing, import financing, and transfer oversight. These shortcomings have placed Iraq in the "high-risk" category according to international financial institutions.
Politically, this financial pressure translates into direct influence on Baghdad's delicate balances, as any further tightening or expansion of scrutiny could quickly impact the market, imports, and prices.
This places the government under socio-economic pressure inextricably linked to its political legitimacy. In this context, observers believe the coordination framework finds itself in a precarious position: on the one hand, it upholds the rhetoric of sovereignty and rejects dictates, while on the other, it faces the reality that the Iraqi economy is deeply intertwined with international financial channels that cannot be circumvented, and that any failure to comply translates immediately into tangible costs domestically.
Economic assessments suggest that Washington is using the "language of money" to mitigate the risks of dollar smuggling or its use to circumvent sanctions. Critics of this approach, however, argue that it is effectively becoming an undeclared tool of political pressure, reshaping the rules of the game within Iraq.
Between these two interpretations, one thing remains certain: the financial sphere has become an arena of silent conflict, where messages are conveyed more through audits and compliance procedures than through public statements.
The issue is further complicated by rumors circulating in banking circles that some of the problems stem from front companies, inflated import invoices, and unregulated transfers—practices that undermine confidence in local banks and provide external entities with justification for stricter oversight. ‘
Meanwhile, accusations circulating in the political arena regarding the involvement of influential figures or "cover-ups" within this case remain largely unsubstantiated and lack legal basis. Bankers, however, insist that the solution begins with establishing a local auditing system capable of mitigating risks and restoring the credibility of Iraqi financial institutions.
According to observers, continuing the pressure in this manner opens up two paths for Baghdad, both of which are bitter: either to embark on real and rapid banking reforms that include compliance, governance, tightening control over trade finance and perhaps restructuring weak banks, or to remain in a cycle of attrition where crises recur with every wave of scrutiny and tightening, which deepens market instability, increases the cost of imports and weakens investor confidence.
Ultimately, the financial file is no longer a technical detail pertaining solely to the central bank and commercial banks; it has become an arena where politics, economics, and influence intersect. With each new regulatory measure, a conviction grows stronger in Baghdad that the test for the government and ruling powers is no longer limited to managing alliances, but extends to their ability to safeguard financial stability through genuine reforms that reduce loopholes and prevent the dollar and compliance from becoming permanent tools of pressure wielded by foreign powers. https://mustaqila.com/الإطار-التنسيقي-تحت-الضغط/
Masrour Barzani Announces The Resumption Of Oil Exports Via The Kurdistan Region Pipeline
2026-03-17 Shafaq News – Erbil The Prime Minister of the Kurdistan Region, Masrour Barzani, revealed on Tuesday evening that oil exports via the Kurdish pipeline to Turkey have resumed, while noting that talks are ongoing with Baghdad to address the problem of import restrictions imposed on the region.
Barzani said in a statement received by Shafaq News Agency, “Given the exceptional circumstances surrounding the country, and based on the shared responsibility that compels us to overcome this difficult juncture, we have decided to allow the export of oil through the Kurdistan Region pipeline as soon as possible.”
He added: “In parallel, our discussions with Baghdad will continue to urgently lift restrictions on imports and trade to the region, and to provide the necessary guarantees to oil and gas companies to ensure they can resume production in a safe environment.”
Earlier today, Barzani said in a speech followed by Shafaq News Agency, “The region is going through a war that we did not start and we cannot stop, but we will try and do all our efforts to ensure that the Kurdistan Region is safe,” noting that this war has affected the region directly and indirectly.
He pointed out that the region supports oil exports, explaining that what is exported from Kurdistan amounts to about 230,000 barrels per day and will not exceed half a million barrels, compared to larger quantities exported by the federal government.
He pointed out that the regional government does not oppose exports, but demands guarantees for oil production in its fields that were damaged as a result of the attacks, calling on Baghdad to stop the targeting of oil fields.
He also demanded the payment of financial dues and salaries of the region's employees, stressing that the Kurdistan government is seeking to find a mechanism to resolve the disputes, and has submitted a proposal to hold meetings with the federal government to end the crisis.
Regarding the ASYCUDE system for linking border crossings, Barzani confirmed the region’s approval of its adoption, while requesting a two-month grace period for its implementation, noting the need to grant sufficient time for its implementation without taking action against traders.https://www.shafaq.com/ar/كوردســتانيات/مسرور-بارزاني-يعلن-است-ناف-تصدير-النفط-عبر-نبوب-قليم-كوردستان-قريبا
Customs Clarifies The "ASYCUDA" System And Confirms Its Readiness To Implement It At The Region's Ports Of Entry.
Economy | 17/03/2026 Mawazin News - Baghdad The General Authority of Customs issued an official clarification today regarding statements attributed to the Prime Minister of the Kurdistan Region, Masrour Barzani, concerning the ASYCUDA system.
The Authority presented a number of technical and organizational facts based on official events and meetings. It affirmed that the ASYCUDA system is fully implemented at federal ports of entry and has contributed to enhancing transparency, standardizing procedures, increasing revenue, and strengthening oversight.
The Authority explained that the proposal to implement the system at ports of entry in the Kurdistan Region was put forward more than a year and a half ago, but has not yet been formally accepted, with some relevant parties expressing reservations.
It added that Iraq possesses qualified personnel and that the Authority is fully prepared to implement the system at the region's ports of entry within 24 hours via electronic linking.
The Authority indicated that the suggestion of granting a grace period of up to nine months is "technically unjustified" given the availability of the necessary infrastructure and expertise.
It clarified that the implementation of the ASYCUDA system aims to unify customs policy, facilitate legitimate trade, and reduce smuggling and money laundering.
Regarding demands for an independent copy or backup access to the system, the Authority stressed that this violates the constitution and technical standards, and could threaten data integrity and the unity of the central system.
The Authority concluded by affirming that unifying the customs system is a national imperative, with the necessary technical and human resources ready for immediate implementation, which will contribute to strengthening confidence in the national economy. https://www.mawazin.net/Details.aspx?jimare=275451
Masrour Barzani Affirms The Region's Readiness To Confront Crises And Calls For The Resumption Of Oil Exports With Genuine Guarantees
latest news Tuesday, March 17, 2026 Kurdistan – One News On Tuesday afternoon (March 17, 2026), the Prime Minister of the Kurdistan Region, Masrour Barzani, held a meeting with the Crisis and Disaster Management Operations Room at the Erbil Governorate building.
At the beginning of the meeting, Erbil Governor Omid Khoshnaw gave a briefing on the progress of work, activities and proactive measures taken by the chamber, which includes in its membership the relevant service departments and security agencies.
For his part, Masrour Barzani expressed his thanks and appreciation to the operations room and all relevant departments and authorities for their tireless efforts and continuous preparations to perform their duties in providing the necessary support and maintaining the security and safety of citizens in Erbil and the Kurdistan Region in general.
The Prime Minister of the Kurdistan Region directed officials to fully assume their responsibilities and prevent any crises or failures in the service sector.
He also sent a message of reassurance to the people of Kurdistan, stressing that the government is doing its utmost to protect citizens and the region from the repercussions of the wars and conflicts taking place in the region.
He reiterated that: “Despite the blatant targeting and attacks on oil and gas fields and refineries by outlaw groups, the government has spared no effort in finding solutions to address the electricity crisis.”
Following the meeting, Masrour Barzani held a press conference, during which he answered questions and inquiries from journalists.
He stressed the region’s position, saying: “We in the Kurdistan Region are more keen than any other party to protect the economy and secure the salaries and livelihoods of citizens, and today we reaffirm our full support for the resumption of oil exports; the region has never been an obstacle, and all we ask for is the provision of real guarantees that allow us to export oil from our fields as well.”
He added: “Baghdad itself initiated, several years ago, the suspension of Kurdistan Region oil exports through resorting to the courts, and therefore the region does not bear the burden of this suspension.
Although the quantities of oil exported through the region are limited and cannot compensate for the total Iraqi exports, we express our full readiness to cooperate and coordinate with the federal government to resume exports.”
When asked about the issue of the ASYCUDA system, he explained: “The Kurdistan Region has never rejected the application of the ASYCUDA system.
Rather, our request was limited to granting us a time limit to complete the procedures and preparations for its application in the region, especially in light of the difficult economic and trade conditions we are currently experiencing, which have resulted in a sharp decline in trade activity.” https://1news-iq.net/مسرور-بارزاني-يؤكد-جاهزية-الإقليم-لمو/
A $10.5 Billion Deal To Create A Giant Storage Entity In America
Money and Business Economy News — Follow-up Public Storage, the American storage services company, announced its agreement to acquire National Storage Affiliates in a deal valued at $10.5 billion, to be paid for entirely in stock, to create a company that owns storage space with a total area of 327 million square feet in approximately 4,600 locations in the United States.
The proposed deal would create an entity with a market value of $57 billion, operating storage spaces that, if combined in one location, would be equivalent to the size of a small city like Cupertino, California, or Chapel Hill, North Carolina.
Public Sturridge explained that it is seeking to expand its presence in areas such as the "Sun Belt" and other regions expected to experience population growth, according to the Associated Press.
If the deal is approved, the largest and fourth largest companies in the US self-storage sector will be merged, while the second and third largest companies in terms of market value are ExtraSpace Storage and CubeSmart.
Public Sturridge, headquartered in Glendale, California, announced earlier this year its intention to move its headquarters to Frisco, Texas, near Dallas. National Sturridge is headquartered in Greenwood Village, Colorado, a suburb of Denver.
Investors who own common stock and operating partnership units in National Sturridge will receive 0.14 shares of Public Sturridge stock or partnership units for each share or unit they own in National Sturridge, which is equivalent to $41.68 per share of Public Sturridge stock.
The deal, which has been approved by the boards of directors of both companies, is expected to be completed during the third quarter of this year, but still requires approval from National Sturridge shareholders and regulators before it can be finalized. https://www.economy-news.net/content.php?id=66850
Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 3-17-26
Good Afternoon Dinar Recaps,
PayPal Expands Stablecoin to 70 Countries, Accelerating Global Payment Transformation
PYUSD rollout signals a major shift toward digital dollar adoption and lower-cost cross-border payments worldwide.
Overview
PayPal has significantly expanded its U.S. dollar-backed stablecoin, PayPal USD, to users in 70 countries, marking one of the most aggressive moves yet by a major financial company into global digital currency infrastructure.
Good Afternoon Dinar Recaps,
PayPal Expands Stablecoin to 70 Countries, Accelerating Global Payment Transformation
PYUSD rollout signals a major shift toward digital dollar adoption and lower-cost cross-border payments worldwide.
Overview
PayPal has significantly expanded its U.S. dollar-backed stablecoin, PayPal USD, to users in 70 countries, marking one of the most aggressive moves yet by a major financial company into global digital currency infrastructure.
The expansion extends access far beyond its initial rollout in the United States and United Kingdom, enabling users across Asia-Pacific, Europe, Latin America, and Africa to send, receive, and hold digital dollars directly within their PayPal accounts.
The move is designed to reduce cross-border payment costs, improve access to U.S. dollar liquidity, and integrate more users into the global financial system.
Key Developments
1.PYUSD Expands to 70 Countries Worldwide
PayPal’s latest rollout adds 68 new markets, bringing total availability to 70 countries globally.
Users in these regions can now:
• Send and receive PYUSD instantly across borders• Hold balances in U.S. dollars digitally• Transfer funds to external crypto wallets
This marks a major shift from previous limitations, where users in many countries were forced to convert funds into local currencies or immediately withdraw to bank accounts.
2.Lower Fees and Faster Cross-Border Payments
The expansion directly targets one of the biggest inefficiencies in global finance: expensive and slow international money transfers.
With PYUSD:
• Users can bypass traditional banking intermediaries• Reduce foreign exchange and transfer fees• Access near-instant settlement of funds
In countries where users previously faced restrictions — such as being unable to hold balances in PayPal accounts — PYUSD introduces a “balance-type” system that allows users to retain and manage digital dollars directly.
3.Stablecoin Rewards Introduced
PayPal is also introducing rewards for holding PYUSD balances, effectively turning the stablecoin into a yield-generating digital account.
This creates:
• A new incentive structure for users to hold digital dollars• Increased adoption of stablecoin-based financial activity• Competition with traditional savings and remittance systems
4.Backed by Regulated Infrastructure
PYUSD is issued by Paxos Trust Company, a regulated financial institution, while PayPal handles distribution and user access.
The stablecoin has grown rapidly:
• Market cap expanded from ~$500 million to over $4 billion• Now ranks among the top global USD-pegged stablecoins
This growth reflects rising demand for digital dollar alternatives in global payments and settlements.
Why This Matters
This expansion represents a major milestone in the evolution of global payment systems.
Stablecoins like PYUSD are increasingly being used to:
• Move money across borders instantly• Bypass traditional banking rails• Provide dollar access in underserved regions
Unlike speculative cryptocurrencies, stablecoins are pegged to fiat currencies, making them practical tools for everyday financial transactions.
PayPal’s scale — with hundreds of millions of users — means this rollout could accelerate mainstream adoption of digital currency infrastructure faster than many government-led initiatives.
Why It Matters to Foreign Currency Holders
For individuals and businesses outside the U.S., PYUSD offers:
• Direct access to U.S. dollar liquidity• Protection against local currency volatility• Lower-cost international transfers
This is especially significant in regions where:
• Banking systems are limited
• Currency instability is high
• Cross-border payments are expensive
Stablecoins effectively allow users to hold and transact in dollars without needing a U.S. bank account.
Implications for the Global Reset
The expansion of PYUSD highlights a critical shift in the global financial system:
Private companies are building parallel digital payment rails alongside traditional banking systems.
Key structural trends emerging:
1. Digital Dollar Expansion Stablecoins are extending the reach of the U.S. dollar globally in digital form.
2. Payment System Transformation Cross-border transactions are moving away from slow, costly legacy systems toward instant blockchain-based settlement.
3. Financial Inclusion Through TechnologyMillions of users can now access global financial tools without relying on traditional banking infrastructure.
As adoption grows, stablecoins could play a central role in reshaping how money moves globally, influencing everything from remittances to international trade settlement.
This is not just a fintech upgrade — it is a foundational shift in how global money flows are being rebuilt.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Cointelegraph — “PayPal expands PYUSD stablecoin to 70 countries”
Fortune — “PayPal pushes global expansion of its PYUSD stablecoin”
~~~~~~~~~~
Rising War Costs and BRICS Momentum Fuel Debate Over Dollar Dominance
Escalating U.S. deficit spending and expanding BRICS financial infrastructure are intensifying questions about the future of the global monetary system.
Overview
The growing cost of the Iran conflict is placing new strain on U.S. finances while accelerating global discussions around alternatives to the U.S. dollar.
Estimates suggest the U.S. is spending between $800 million and $2 billion per day on military operations, adding pressure to an already elevated deficit. At the same time, BRICS nations are advancing financial systems designed to reduce reliance on the dollar, including alternative payment rails and proposals for a new settlement unit.
This convergence of rising debt, geopolitical conflict, and alternative financial infrastructure is fueling one of the most important debates in global finance: whether the dollar’s dominance is beginning to erode.
Key Developments
1.War Spending Adds Pressure to U.S. Fiscal Stability
The financial burden of the conflict is rapidly increasing:
• Estimates range from $800 million to $2 billion per day in military spending
• Early operations reportedly cost $6 billion in the first week• Total costs could reach tens of billions of dollars if the conflict continues
This level of spending is contributing to higher deficits at a time when the U.S. is already managing significant debt levels, raising concerns among policymakers and market participants.
2.Bond Markets React to Rising Deficits
Financial markets are beginning to reflect these pressures.
The 30-year U.S. Treasury yield climbed near 4.9%, signaling:
• Investor concern over rising government borrowing• Expectations of higher inflation tied to war and energy prices• Questions about long-term fiscal sustainability
Higher yields increase borrowing costs across the economy, potentially impacting housing, business investment, and government financing.
3.BRICS Expands Alternative Financial Infrastructure
At the same time, BRICS nations are actively developing systems designed to bypass traditional Western financial networks.
Key developments include:
• Increased use of local currencies in bilateral trade between major members like China and Russia• Expansion of China’s Cross-Border Interbank Payment System, connecting thousands of banks globally
• Growth of central bank digital currency platforms such as mBridge
These systems are designed to reduce dependence on SWIFT and the U.S. dollar for international transactions.
4.Proposed BRICS Settlement Unit Gains Attention
The idea of a BRICS-linked settlement unit backed by a mix of gold and member currencies is gaining renewed attention amid current conditions.
While still in the conceptual or early development stage, such a system would aim to:
• Facilitate cross-border trade outside the dollar system• Provide an alternative store of value tied to commodities and currencies• Support long-term de-dollarization strategies
Though a full transition remains unlikely in the near term, the infrastructure supporting such a shift is steadily expanding.
Why This Matters
The global financial system is built on confidence in sovereign currencies, particularly the U.S. dollar.
However, several converging factors are now testing that framework:
• Rising U.S. debt and deficit spending• Geopolitical conflict driving fiscal expansion• Emergence of alternative payment and settlement systems
While the dollar remains dominant, these pressures could gradually reshape global financial flows over time.
Why It Matters to Foreign Currency Holders
Changes in the global monetary system can directly affect:
• Currency values and exchange rates• Global trade settlement practices• Reserve asset allocation by central banks
If alternative systems gain traction, countries may increasingly:
• Diversify reserves into gold and non-dollar assets• Conduct trade in local or regional currencies• Reduce exposure to U.S.-centric financial infrastructure
However, during periods of uncertainty, the dollar often retains strong demand as a safe-haven asset, creating a complex dynamic between short-term strength and long-term structural shifts.
Implications for the Global Reset
The current environment highlights a key transition phase in global finance:
The system is not collapsing — it is evolving.
Three major forces are shaping this evolution:
1. Fiscal Pressure on Major EconomiesRising debt levels and war spending are testing traditional monetary stability.
2. Expansion of Alternative Payment SystemsBRICS and other nations are building infrastructure that allows trade outside legacy systems.
3. Gradual Diversification of Global ReservesCentral banks are increasingly exploring alternatives to dollar concentration.
Rather than a sudden shift, the global system appears to be moving toward a more multipolar financial structure, where multiple currencies and systems coexist.
This is not an overnight replacement of the dollar — it is a gradual rebalancing of global financial power.
Sources
Watcher.Guru — “BRICS Unit Could Replace Dollar as US Burns $2B A Day on Iran War”
Reuters — “U.S. Treasury yields rise amid deficit concerns and geopolitical tensions”
~~~~~~~~~~
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“Tidbits From TNT” Tuesday 3-17-2026
TNT:
Tishwash: US allows Iranian oil tankers through Strait of Hormuz to maintain global supply: Treasury secretary
The US is allowing Iranian oil tankers to transit the Strait of Hormuz in order to maintain global oil supplies, Treasury Secretary Scott Bessent said Monday, Anadolu reports.
“The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC, adding that tankers supplying India had already made the crossing and that some Chinese vessels were also believed to be getting through.
TNT:
Tishwash: US allows Iranian oil tankers through Strait of Hormuz to maintain global supply: Treasury secretary
The US is allowing Iranian oil tankers to transit the Strait of Hormuz in order to maintain global oil supplies, Treasury Secretary Scott Bessent said Monday, Anadolu reports.
“The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC, adding that tankers supplying India had already made the crossing and that some Chinese vessels were also believed to be getting through.
Bessent said the administration expected tanker traffic through the strait to increase further before the US Navy and allied forces begin escorting commercial ships through the waterway.
The Strait of Hormuz has been effectively closed to regular commercial shipping since early March amid Iranian retaliatory strikes as US-Israeli strikes continue.
Around 20 million barrels of oil pass through the waterway daily, and disruptions have pushed global oil prices up, raising concerns about energy supplies and food prices. link
Tishwash: Agreement to postpone government formation: "cautious waiting" and a temporary government until the war ends
Well-informed political sources revealed on Tuesday (March 17, 2026) that there is what they described as a "near agreement" among major political forces to postpone the completion of procedures for forming the new Iraqi government until the course and repercussions of the ongoing military conflict between Iran, the United States, and Israel become clear, amid growing fears of the repercussions of regional escalation on the Iraqi interior.
Sources told Baghdad Today that “unannounced consultations took place during the past few days between the leaders of prominent political blocs, which concluded that it is necessary to adopt a policy of cautious waiting, in order to avoid forming a government that may face complex security and economic challenges in the event of an expansion of the scope of military confrontation in the region.”
She explained that “a number of political parties believe that the current stage requires a transitional government with limited powers or a continuation of temporary caretaker government until the regional scene stabilizes, especially with the possibility of Iraq being directly affected by military developments due to its geographical location and the entanglement of its political and economic interests with the parties to the conflict.”
The sources added that "internal disputes have not been fully resolved yet, but the regional factor has become an additional pressure that has prompted some forces to reassess their political priorities and focus on maintaining security stability and avoiding political division during the period of tension."
While the region is ablaze with cross-border conflicts and escalating regional tensions, the Iraqi scene seems to be moving at a different pace, governed less by the results of the war than by deep internal disputes that extend from the Coordination Framework to the Kurdish forces, hindering the identification of both the Prime Minister and the President of the Republic.
With no real signs of resolution, fears are growing that the political waiting will become a permanent state, making the formation of the next government a task postponed indefinitely.
Political sources confirm that there is no specific timeframe for forming the next government, indicating that the disputes between the Coordination Framework and the Kurdish forces remain unresolved, while emphasizing that the delay in forming the government is related to internal problems and not to the results of the ongoing war in the region. link
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Tishwash: A march targeting the US embassy in Baghdad
The US embassy in Baghdad was attacked by a drone early Saturday morning, according to an Iraqi security official who spoke to AFP, as reported by Al-Sa’a Network.
The official, who asked not to be named, said that "a drone hit the embassy," while another security source confirmed that "the attack targeted the diplomatic compound in the Green Zone."
This targeting comes in the context of the war that broke out on February 28 between the United States and the Israeli occupation on one side and Iran on the other, the repercussions of which have extended to several countries in the region .
Earlier, the US Embassy in Baghdad warned its citizens in Iraq of increasing security risks, calling for caution and urging them to avoid places that could make them potential targets for attacks .
The embassy confirmed that Iran and its allied armed groups continue to pose a threat to American interests in Iraq, noting that American sites, companies, and hotels frequented by foreigners have been attacked in the past .
It also urged American citizens to review their personal security situations, noting that leaving Iraq as soon as possible, when it is safe to do so, may be the best option for many given the ongoing tensions in the region link
Tishwash: For security reasons, British Petroleum (BP) is withdrawing its staff from Kirkuk oil projects.
Sources in the Iraqi state-owned North Oil Company revealed on Monday that the British company BP had withdrawn a number of its foreign employees working on oil field development projects in Kirkuk, due to security tensions and the repercussions of the war in the region.
Sources told Shafaq News Agency that the company informed the Ministry of Oil and the North Oil Company of its decision to withdraw foreign employees working within the technical and advisory support teams in oil field development projects, explaining that the step came as a precautionary measure to protect its staff in light of recent security developments.
She added that the decision does not mean canceling or terminating the contract concluded between the two parties, but rather represents a temporary measure until the security situation is assessed, noting that some field work may be partially affected due to the absence of foreign technical teams that supervise specialized aspects of the development operations.
The sources indicated that the cooperation between the North Oil Company and BP (British Petroleum) aims to implement an integrated program to develop a number of oil fields in Kirkuk Governorate, raise production rates and improve the infrastructure of the production and transportation system, thereby enhancing the technical efficiency of the old fields, which are among the most prominent oil fields in Iraq.
She explained that the current production of the North Oil Company is about 325,000 barrels per day from the fields located within its administration in Kirkuk and the surrounding areas, while development plans aim to gradually increase these quantities during the coming years by improving the management of oil reservoirs and developing the infrastructure of the fields.
The Kirkuk fields are among the oldest and largest oil fields in Iraq, containing major reservoirs including the Kirkuk, Bai Hassan, Jambur and Khabbaz fields. In recent years, they have faced technical and security challenges that have affected production levels, prompting the Ministry of Oil to seek the assistance of international companies to rehabilitate them and increase their production capacity.
In this context, oil expert Ali Khalil told Shafaq News Agency that the cooperation agreement with BP represents one of the important projects within the Kirkuk fields development plan, noting that the British company has extensive technical experience in managing giant fields and enhancing production.
He added that the agreement falls within the framework of technical and advisory cooperation contracts aimed at reassessing oil reservoirs and developing advanced plans to increase production and improve the management of oil reservoirs, using modern technologies to improve oil extraction and address accumulated technical problems in the fields.
Khalil pointed out that the withdrawal of foreign employees at the moment does not mean the project will stop completely, but it may lead to a slowdown in some technical work that requires direct supervision from the foreign company’s experts, especially with regard to advanced geological studies and reservoir development programs.
He explained that international companies usually take precautionary measures in cases of security tension or escalating risks in work areas to protect their employees and reduce operational risks, stressing that such decisions are often temporary until the situation stabilizes.
He stressed that continued cooperation between the Iraqi Ministry of Oil and international companies is an important factor in developing the country’s energy sector, noting that the Kirkuk oil fields need significant investments and advanced technologies to rehabilitate them and make the most of their oil reserves.
He pointed out that any delay in implementing development programs could affect plans to increase production in the near term, but he stressed at the same time that Iraq has technical personnel capable of continuing to work in the fields until the foreign teams return and full technical cooperation is resumed.
The Ministry of Oil seeks to increase the production capacity of the northern fields as part of its strategic plans to boost oil production and increase exports, given the great economic importance of the Kirkuk fields to the country’s energy sector. link
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Mot Husband in the shower
Seeds of Wisdom RV and Economics Updates Tuesday Morning 3-17-26
Good Morning Dinar Recaps,
Global Reset Series – Introduction
These articles will be in the morning Newsletter
Day 1 — The Big PictureWhy the global financial system is quietly evolving
Day 2 — Central Bank Gold BuyingWhy nations are accumulating gold again
Day 3 — The Rise of Digital Sovereign CurrenciesCBDCs and the digital future of money
Good Morning Dinar Recaps,
Global Reset Series – Introduction
These articles will be in the morning Newsletter
Day 1 — The Big PictureWhy the global financial system is quietly evolving
Day 2 — Central Bank Gold BuyingWhy nations are accumulating gold again
Day 3 — The Rise of Digital Sovereign CurrenciesCBDCs and the digital future of money
Day 4 — The Redesign of Global Payment SystemsWhy cross-border payments are being rebuilt
Day 5 — The Emergence of Parallel Financial NetworksWestern vs emerging-market financial infrastructure
Day 6 — The Global Debt Pressure PointWhy sovereign debt is the biggest systemic risk
Day 7 — What the Future Monetary System Could Look LikeHow these trends could reshape global finance
The Global Financial System Is Quietly Evolving: What You Need to Know
From gold accumulation to digital currencies and payment system redesign, the world’s monetary architecture is entering a new era.
Overview
For decades, most global financial analysis has focused on markets, interest rates, and currency movements. But today, a quieter, structural evolution is reshaping the global financial system, with potential implications that could last for decades.
This week, we are publishing a series of articles breaking down the new financial system in small, digestible pieces so readers can understand:
• Why central banks are buying record amounts of gold
• How central bank digital currencies (CBDCs) could change money forever
• Why cross-border payments are being redesigned
• How emerging economies are building parallel financial networks
• The role of sovereign debt pressures in shaping monetary strategy
• What a multipolar financial system might look like
Key Trends Shaping the New Financial System
Record Gold Accumulation by Central BanksGold remains a core reserve asset, and central banks are buying it faster than at any point in modern history.
Central Bank Digital Currencies (CBDCs)Over 130 countries are developing digital sovereign currencies to modernize payments and increase control over monetary flows.
Redesign of Cross-Border Payment SystemsInternational regulators and the G20 are working to make cross-border payments faster, cheaper, and more transparent, including multi-CBDC settlement experiments.
Emerging Parallel Financial NetworksBRICS and other emerging economies are creating alternative payment rails and trade settlement systems to reduce reliance on the existing Western-dominated infrastructure.
Sovereign Debt PressuresRising global debt levels are forcing governments and central banks to rethink reserve management, interest rate policy, and financial system resilience.
Why It Matters
When viewed together, these trends suggest a gradual restructuring of the international monetary system, not a sudden “reset.”
Investors, policymakers, and currency holders need to understand these changes because:
• They influence currency flows and trade settlement• They affect central bank reserve strategies• They shape future monetary and financial stability
How This Series Will Help Readers
Each article in the series focuses on a single pillar of the evolving system, breaking down complex trends into:
• Clear explanations
• Key implications for finance and trade
• Insights into global monetary shifts
By the end of the week, readers will have a complete picture of how the next global financial system is quietly taking shape.
Seeds of Wisdom Team View
The global financial system is evolving, not collapsing.
Understanding these trends now provides a front-row view of the slow, structural shifts that could define the next decades of global finance.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
A Message to Our Currency Holders
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
Newshounds News
~~~~~~~~~~
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Tuesday Morning 3-17-26
Al-Emaar Announces A Temporary Halt To Housing Fund Loans.
Money and Business Economy News — Baghdad The Ministry of Construction, Housing and Municipalities announced on Tuesday that it has temporarily suspended the granting of housing fund loans. While noting that approximately 20,000 beneficiaries were included in housing fund loans during the past year 2025, it confirmed the simplification of repayment procedures.
Al-Emaar Announces A Temporary Halt To Housing Fund Loans.
Money and Business Economy News — Baghdad The Ministry of Construction, Housing and Municipalities announced on Tuesday that it has temporarily suspended the granting of housing fund loans. While noting that approximately 20,000 beneficiaries were included in housing fund loans during the past year 2025, it confirmed the simplification of repayment procedures.
The ministry spokesman, Nabil Al-Saffar, said that "housing fund loans are currently suspended until the remaining transactions of borrowers for the past year 2025 are completed," confirming that "approximately 20,000 borrowers were included during the past year."
Al-Saffar added that "the grant and payment mechanisms previously in place have not changed, as applications are submitted through the (Aur) electronic platform according to a selection form that ensures that the most deserving receive it, taking into account the social status of the applicants."
He pointed out that "loan delivery procedures are carried out in three or two installments, where the amount is delivered according to the three installment system, which is (Batlu or Raft) the first installment is 30% of the loan value, the roofed structure is the second installment is 40% of the loan value, and the finishing work is the third installment is 30% of the loan value."
He continued: “As for the two-payment system, 70% of the loan value is given after the roof structure is completed, and 30% of the loan value is given after the finishing work is completed (pouring the floor and plastering with gypsum or polished cement plaster).”
He explained that “the loan is granted once for the property, and the borrower must pay the first installment within one month from the date of issuing the deed, otherwise he will bear late payment interest for each month of delay.
In the event of non-payment for three consecutive or intermittent months, the guarantor’s department will be contacted, and no new payment will be disbursed if the request for inspection is delayed for more than one year from the date of the last deed received.”
He pointed out that "repayment procedures have been simplified, allowing borrowers to make payments electronically through the Iraqi Housing Fund's application using electronic payment cards. This has greatly facilitated the process for borrowers and spared them the trouble of visiting the Fund's branches."
Al-Saffar explained that "the loan amount is granted based on the property's value or the borrower's salary (or the guarantor's if unemployed), whichever is lower. The property's value is calculated by multiplying the market value per square meter by 80% of the land area, with a maximum loan amount of 60 million dinars."
https://www.economy-news.net/content.php?id=66843
Transportation: 17,329 Transit Flights And 6,944 Departures And Arrivals At Iraqi Airports During February
Money and Business Economy News — Baghdad The Iraqi Ministry of Transport announced on Tuesday the statistics for air traffic at the country's airports for the month of February, including transit, arrival and departure flights.
The Ministry’s media office explained in a statement that the General Company for Air Navigation Services issued flight numbers, with 17,329 civilian overflights, 3,483 international and domestic departures, and 3,461 incoming flights.
The statement indicated that these statistics reflect the increasing activity in the aviation sector, stressing that the ministry is working to improve operational processes and develop airport infrastructure to enhance the quality of services provided to passengers and the efficiency of performance.
The ministry added that enhancing airport efficiency is a crucial step to support the national economy, emphasizing the General Company for Air Navigation Services' commitment to developing air transport in Iraq.
Nvidia's CEO Predicts Chip Orders Will Reach $1 Trillion By The End Of 2027
Money and Business Economy News — Follow-up US chipmaker Nvidia expects total orders for its advanced chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang.
Speaking at the company's GTC conference last night, Huang said that demand for the company's graphics processing units (GPUs) "exceeds all expectations," adding, "I think demand for computing power has increased a million times over the past few years."
Huang told conference attendees that he expects the company's total revenue to reach at least $1 trillion between 2025 and 2027, according to the German news agency DPA.
Nvidia chips are used globally to train AI models and applications and to power data centers operated by tech giants like Google and Meta, as well as startups in the field like OpenAI, the developer of the popular AI chat platform ChatGBT.
Nvidia's results are generally seen as a key indicator of the state of the artificial intelligence industry.
Last month, the company announced that its revenue for the last quarter of last year rose to $68.1 billion. Sales increased by 20% compared to the third quarter of last year.
In October, Nvidia became the first company in the world to surpass a market capitalization of $5 trillion. Nvidia's CEO predicts chip orders will reach $1 trillion by the end of 2027. https://www.economy-news.net/content.php?id=66838
USD/IQD Exchange Rates Fall In Baghdad, Erbil
2026-03-17 Shafaq News- Baghdad/ Erbil The US dollar opened Tuesday’s trading lower in Iraq, hovering around 154,000 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya central exchanges at 154,500 dinars per 100 dollars, down from 155,000 dinars recorded in the morning.
In the Iraqi capital Baghdad, exchange shops sold the dollar at 155,000 dinars per 100 dollars and bought it at 154,000 dinars, while in Erbil, selling prices stood at 154,350 dinars and buying prices at 154,250 dinars.
https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-fall-in-Baghdad-Erbil-2
Gold Prices Climb In Baghdad, Erbil
2026-03-17 Shafaq News- Baghdad/ Erbil On Tuesday, gold prices hovered around 1.090 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.
Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.088 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.084 million IQD. The same gold had sold for 1.085 million IQD on Monday.
The selling price for 21-carat Iraqi gold stood at 1.058 million IQD, while the buying price reached 1.054 million IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.090 million and 1.100 million IQD, while Iraqi gold sold for between 1.060 million and 1.070 million IQD.
In Erbil, 22-carat gold was sold at 1.133 million IQD per mithqal, 21-carat gold at 1.083 million IQD, and 18-carat gold at 929,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-climb-in-Baghdad-Erbil-6-0
Oil Prices Surge Past $102 On Gulf Supply Fears
2026-03-17 Shafaq News Oil prices rose more than 2% on Tuesday, reversing some of the previous session's losses, on worries about supply with the Strait of Hormuz mostly shut and U.S. allies rebuffing calls to send warships to help tankers move through the vital waterway.
Brent futures jumped $2.74, or 2.7%, to $102.95 a barrel by 0357 GMT, while U.S. West Texas Intermediate crude gained $2.45, or 2.6%, to $95.95.
In the previous session, Brent futures settled 2.8% lower while U.S. West Texas Intermediate (WTI) crude slid 5.3% after some vessels sailed through the critical waterway.
The Strait of Hormuz - a chokepoint for about 20% of the world's oil and liquefied natural gas trade - has been largely disrupted by the U.S.-Israeli war on Iran, now in its third week, raising concerns about supply shortages, higher energy costs and rising inflation.
"The risks remain stark: It only takes one Iranian militia to fire a missile or plant a mine on a passing tanker to reignite the entire situation," IG market analyst Tony Sycamore said in a note.
Several U.S. allies rebuffed Donald Trump's call on Monday to send warships to escort shipping through the Strait of Hormuz, drawing criticism from the U.S. president, who accused Western partners of ingratitude after decades of support.
"For now, oil markets are fixated on the duration of the conflict, halted supplies at Hormuz, and eventually the damage this chaos will leave on oil infrastructure in the Gulf," said Priyanka Sachdeva, senior market analyst at Phillip Nova.
Meanwhile, traders said prices were further supported after a fire broke out in the Fujairah Oil Industry Zone after a drone attack during morning trade in Asia, though no injuries were reported.
Middle East crude benchmarks have soared to all-time highs, becoming the most expensive oil in the world, with traders blaming the price spike on reduced supply available for delivery.
The effective closure of the strait has forced the United Arab Emirates, the Organization of the Petroleum Exporting Countries' third-largest producer, to shut in production, reducing its output by more than half, two sources told Reuters.
Iran has asked India to release three tankers seized in February as part of talks seeking the safe passage of Indian-flagged or India-bound vessels out of the Gulf via the Strait of Hormuz, three sources with knowledge of the matter told Reuters.
To curb rising energy costs, the head of the International Energy Agency suggested member countries could release more oil, in addition to the 400 million barrels they have already agreed to draw from strategic reserves.
Israel said it has detailed plans for at least three more weeks of war as its military struck sites across Iran overnight.
(Reuters) https://www.shafaq.com/en/Economy/Oil-prices-surge-past-102-on-Gulf-supply-fears
Seeds of Wisdom RV and Economics Updates Monday Evening 3-16-26
Good Evening Dinar Recaps,
Central Banks Accelerate Gold Buying as Reserve Strategies Shift Worldwide
Record accumulation signals long-term diversification away from traditional reserve assets.
Overview
Central banks around the world are continuing to accumulate gold at one of the fastest sustained paces in modern financial history, reinforcing a broader trend toward diversified reserve strategies
Good Evening Dinar Recaps,
Central Banks Accelerate Gold Buying as Reserve Strategies Shift Worldwide
Record accumulation signals long-term diversification away from traditional reserve assets.
Overview
Central banks around the world are continuing to accumulate gold at one of the fastest sustained paces in modern financial history, reinforcing a broader trend toward diversified reserve strategies.
According to data from the World Gold Council, central banks purchased more than 1,000 tonnes of gold annually in recent years, marking the strongest multi-year buying streak since modern records began.
The trend reflects a growing effort by monetary authorities to reduce exposure to currency volatility, geopolitical risk, and financial system instability while strengthening the long-term resilience of national reserves.
Key Developments
1. Global Central Bank Gold Purchases Remain Near Historic Highs
Central bank gold purchases have remained elevated following record buying in recent years.
Major buyers have included:
• China• India• Turkey• Russia• Poland
These purchases have pushed global official gold reserves higher and helped support strong demand in international bullion markets.
2. Reserve Diversification Becomes a Strategic Priority
Central banks are increasingly diversifying reserves beyond traditional holdings such as U.S. Treasury securities and other sovereign bonds.
Gold offers several strategic advantages:
• No counterparty risk• Long-term store of value• Global liquidity across financial systems
These characteristics make gold attractive during periods of geopolitical uncertainty and financial volatility.
3. Emerging Economies Lead the Shift
Much of the recent gold accumulation has been driven by emerging market economies, where policymakers are seeking to strengthen financial independence and resilience.
As global economic power becomes more distributed, many governments are exploring ways to balance traditional reserve currencies with tangible reserve assets.
4. Gold Remains a Core Anchor of Monetary Confidence
Although modern currencies are no longer backed by gold, central banks continue to view the metal as a strategic monetary asset.
Gold plays a role in supporting confidence in national balance sheets and long-term financial stability, particularly during periods of economic stress.
Why It Matters
Reserve strategies often provide early signals of long-term shifts in the international monetary system.
When central banks adjust how they manage national reserves, it reflects deeper structural considerations about financial risk, geopolitical dynamics, and economic resilience.
Why It Matters to Foreign Currency Holders
For those tracking the potential evolution of the global financial system, the rise in gold accumulation highlights several trends:
• Greater reserve diversification among central banks• Continued importance of tangible reserve assets• Preparation for a more multipolar monetary environment
Gold remains one of the few assets accepted across all financial systems, making it a strategic hedge during periods of global uncertainty.
Implications for the Global Financial System
The continued rise in central bank gold reserves suggests that many monetary authorities are preparing for a future financial environment characterized by:
• Greater currency diversification• Increased geopolitical competition• Evolving global payment infrastructure
These shifts may gradually reshape the structure of international reserves over time.
Closing Perspective
The global financial system rarely changes suddenly.
Instead, it evolves through quiet adjustments in reserve strategy, payment infrastructure, and monetary policy.
Central banks increasing their gold holdings may represent one of the clearest signals that governments are preparing for a more diversified financial future.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
World Gold Council — “Gold Demand Trends: Central Bank Buying Remains Strong”
International Monetary Fund — “Why Central Banks Continue to Hold Gold”
~~~~~~~~~~
Central Banks Test Cross-Border Digital Currency Platforms for Global Payments
Multi-CBDC experiments signal a major redesign of international payment systems.
Overview
Central banks around the world are experimenting with new digital currency platforms designed to transform how cross-border payments are settled.
These initiatives involve multi-CBDC platforms, where multiple central banks issue digital currencies that can settle transactions directly with one another in real time.
The experiments aim to modernize global payments by making them faster, cheaper, and more transparent than traditional correspondent banking systems.
Key Developments
1. Central Banks Launch Multi-CBDC Payment Experiments
Several international pilot projects are testing digital currency settlement platforms involving multiple central banks.
One of the most prominent initiatives was Project mBridge, a collaboration between:
• China• Hong Kong• Thailand• United Arab Emirates
The project demonstrated that cross-border payments using digital currencies could settle within seconds rather than days.
2. Over 130 Countries Are Studying Digital Currencies
According to research from the Bank for International Settlements, more than 130 countries are currently exploring or developing central bank digital currencies (CBDCs).
These initiatives range from early research programs to advanced pilot projects and limited public launches.
3. Payment System Modernization Becomes a Global Priority
International organizations such as the G20, IMF, and BIS are coordinating efforts to improve cross-border payments.
Goals of these reforms include:
• Lower transaction costs• Faster settlement times• Greater transparency in payment flows
Digital currencies and new financial technologies could significantly accelerate these improvements.
4. New Payment Rails Could Reduce Intermediaries
Traditional cross-border payments often require multiple banks and clearing systems to complete a single transaction.
Multi-CBDC platforms aim to allow direct settlement between central banks, potentially reducing the number of intermediaries involved in international transactions.
Why It Matters
Global payments infrastructure is one of the core foundations of the international financial system.
Changes to payment rails can reshape how trade, capital flows, and currency settlements operate worldwide.
Why It Matters to Foreign Currency Holders
For individuals monitoring the evolution of the global monetary system, these developments highlight several important trends:
• Governments are digitizing sovereign currencies• Payment systems are becoming faster and more interconnected• Cross-border settlement is being redesigned
These innovations could gradually transform how international commerce and financial transactions are conducted.
Implications for the Global Financial System
If widely adopted, digital currency payment platforms could eventually enable:
• near-instant global transactions• reduced settlement costs• greater financial inclusion across borders
At the same time, policymakers must address questions involving regulation, privacy, cybersecurity, and interoperability between national systems.
Closing Perspective
The modernization of global payment infrastructure represents one of the most significant financial transformations underway today.
As digital currencies, payment technologies, and financial networks evolve, the architecture of global finance may become faster, more technologically integrated, and more geographically diverse.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
RV Facts with Proof Links Link
RV Updates Proof links - Facts Link
Follow the Gold/Silver Rate COMEX
Follow Fast Facts
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Thank you Dinar Recaps