Seeds of Wisdom RV and Economics Updates Thursday Morning 7-2-26

Good Morning Dinar Recaps,

Ripple Proposes XRP Ledger Lending Protocol to Bring Institutional Credit On-Chain

Ripple has unveiled a proposed native lending protocol for the XRP Ledger (XRPL) that would allow banks, payment providers, and financial institutions to borrow against tokenized assets without selling them. If approved by XRPL validators, the protocol could expand institutional use of blockchain technology by bringing traditional lending and credit infrastructure onto the XRP Ledger.

Overview

• Ripple has proposed a native lending protocol for the XRP Ledger to support institutional borrowing using tokenized assets as collateral.

• The protocol aims to modernize credit markets by combining off-chain credit assessments with on-chain loan servicing and repayment.

• The proposal remains under review and must be approved by XRP Ledger validators before it can be deployed on the network.

Key Developments

1. Ripple Introduces Native Lending Infrastructure

Ripple has proposed a new XRPL Lending Protocol designed to allow financial institutions to borrow digital assets using tokenized collateral. The proposal seeks to expand XRP Ledger capabilities beyond payments by adding institutional lending functionality.

2. Tokenized Assets Become Productive Collateral

Under the proposal, institutions could borrow against tokenized assets—including U.S. Treasuries, money market funds, stablecoins, commodities, and private credit—without liquidating their holdings. This could improve liquidity while preserving ownership of underlying assets.

3. Hybrid Compliance Model

Ripple's design keeps credit underwriting, identity verification, and compliance off-chain, while loan servicing, repayment schedules, interest calculations, and default management occur on-chain. The approach is intended to balance regulatory compliance with blockchain efficiency.

4. Two-Part Lending Framework

The proposal introduces a Single Asset Vault for custody and a separate Lending Protocol for loan origination and servicing. This mirrors traditional financial markets where custody and lending infrastructure operate independently.

5. Validator Approval Still Required

The proposed features, outlined in XLS-65 and XLS-66, are currently available for developer testing on XRPL's development network. Before becoming operational, the amendments must receive approval from XRP Ledger validators.

Why It Matters

Ripple's proposal reflects the continued evolution of blockchain technology beyond payments into full-scale financial infrastructure. If adopted, the protocol could help institutions access liquidity more efficiently while supporting the growing market for tokenized real-world assets.

Why It Matters to Foreign Currency Holders

Tokenization and blockchain-based lending continue to reshape global financial infrastructure. As financial institutions increasingly adopt digital asset technologies, cross-border payments, liquidity management, and settlement systems may become faster and more efficient—developments that foreign currency holders continue to monitor.

Implications for the Global Reset

• Pillar 4 – Technology

The proposed lending protocol advances blockchain infrastructure by bringing institutional lending, collateral management, and credit servicing onto distributed ledger technology while maintaining regulatory compliance.

Future Outlook

Ripple's lending proposal now enters the community review and validator approval process. If approved, developers and financial institutions could begin building lending applications that leverage tokenized assets for collateralized financing. The initiative also reflects a broader trend toward integrating traditional financial services with blockchain-based infrastructure.

This is not just about XRP—it reflects the broader transformation of global finance as tokenized assets, blockchain infrastructure, and institutional lending increasingly converge into next-generation financial systems.

Sources

• CoinGape – Ripple's New XRP Ledger Protocol Allows Banks To Borrow Against Tokenized Assets

• Ripple Insights – The XRPL Lending Protocol: Bringing Credit Infrastructure Onchain

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:  • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.    Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Thursday Morning 7-02-26

Inside Iraq’s Shia-Iran Alignment and the Limits It Sets on U.S. Influence

The U.S. position in Iraq is improving. But Baghdad’s alignment with Tehran continues to complicate the relationship. Commercially, the picture is genuinely positive: ExxonMobil, Chevron, and BP have returned to Iraq on contract terms far more favorable than the agreements that drove Western firms out a decade ago.

Baghdad has actively courted this investment as a hedge against regional instability.

Politically, the picture has not shifted nearly as far. The Coordination Framework, the Iran-aligned Shia coalition, still controls both the Oil and Finance Ministries. A deputy oil minister has been alleged to serve as Tehran’s interlocutor inside the ministry itself.

The Popular Mobilization Forces, a predominantly Shia paramilitary umbrella formally part of Iraq’s armed forces but largely loyal to Iran’s Supreme Leader, remain armed, state-funded, and outside Baghdad’s real control.

This split means American energy companies are gaining ground inside an institutional structure that Iran-aligned factions still substantially govern. The durability of that commercial progress depends on a political alignment Washington has so far been unable to dislodge.

Iraq’s government is not formally Shia or Sunni by constitution. Instead, it operates under an informal post-2003 power-sharing convention: the premiership goes to a Shia Arab, the presidency to a Kurd, and the speaker of parliament to a Sunni Arab.

In practice, Shia Arab parties have held the dominant position since the system’s creation. Current Prime Minister Ali al-Zaidi, who took office on May 16, 2026, is Shia and emerged as a consensus candidate after the Coordination Framework controlled the selection process.  

Within this system, Sunni and Kurdish parties retain meaningful but lesser representation: the Al-Azm Alliance holds cabinet and parliamentary seats, and in April 2026 the Council of Representatives elected Nizar Amedi, of the Patriotic Union of Kurdistan, as president.

The decisive levers of power, including the premiership and the Oil and Finance Ministries, remain with Shia Arab parties aligned with the Coordination Framework.

This arrangement reflects Iraq’s underlying demographics, though no official current breakdown exists; the country’s first nationwide census since 1987, conducted in November 2024, excluded sectarian and ethnic data.

International estimates place Iraq’s population at 46-48 million, with Arabs at 75-80 percent and Kurds at about 17 percent. Muslims make up roughly 95-98 percent of the population, and U.S. State Department data puts Shia Muslims at 60-65 percent and Sunni Muslims at 32-37 percent.

Nearly all Iraqi Kurds are Sunni, however, so a large share of that Sunni figure is ethnically Kurdish and aligns politically with Kurdish nationalist parties rather than Sunni Arab blocs. Iraq’s Christian population has collapsed since 2003, to current estimates as low as 150,000-500,000.  

The bottom line is that Shia Arabs form Iraq’s largest demographic and political bloc, which is why the premiership goes to a Shia Arab by convention, and why Iran-aligned Shia parties hold a structural advantage even when individual governments try to assert independence from Tehran.

Kurdish politics itself splits between two rival parties with different postures toward Baghdad and Tehran. The Kurdistan Democratic Party controls the Erbil and Duhok region and holds the separate presidency of the Kurdistan Region, currently Nechirvan Barzani. The PUK is based around Sulaymaniyah, which borders Iran directly, and has historically held the federal presidency in Baghdad, now occupied by Nizar Amedi.

The PUK has been accused of functioning as Iran’s arm in the region, while the KDP has positioned itself more independently, at times adversarially, toward both Baghdad and Tehran-aligned militias. The KDP boycotted the April 2026 vote that elected Amedi and does not recognize him as representing the Kurdish majority.

The clearest evidence of Iranian influence inside the Iraqi state runs through the Popular Mobilization Forces, known in Arabic as al-Hashd al-Shaabi.

The PMF formed in June 2014, when Grand Ayatollah Ali al-Sistani, Iraq’s top Shia religious authority and a counterweight to Tehran’s own clerical rule, issued a fatwa calling Iraqis to arms against the Islamic State’s seizure of Mosul.

This united existing Shia militias, most backed directly by Iran, with a small number of Sunni tribesmen. Iraqi President Fuad Masum formally incorporated the PMF into the armed forces by law in December 2016. Today it comprises roughly 60 to 70 brigades and more than 230,000 personnel, with an annual budget near $3.6 billion.

Though legally part of the military, PMF leadership and operational capacity remain concentrated among Iran-aligned factions; in 2024 its Chief of Staff openly declared that the organization took orders from Khamenei.

Its rank and file are overwhelmingly Iraqi citizens, mainly Shia Arabs with smaller numbers of Shia Turkmen, Sunni Arabs, and Iraqi Christians. Iran’s role lies mainly in funding, training, weapons, and command influence, including facilities inside Iran such as the Pazooki Barracks in Tehran, where some fighters train under IRGC supervision.

Several PMF factions are the armed wings of parties sitting inside the Coordination Framework. Kata’ib Hezbollah traces its roots to the Badr Corps and maintains close IRGC ties. Asa’ib Ahl al-Haq’s political wing, Sadiqoun, performed strongly in the November 2025 elections but received no cabinet ministry, pending militia disarmament.

The Badr Organization, not U.S.-designated as a terrorist entity, received the Transportation and Water Resources ministries. Harakat al-Nujaba and Kata’ib Sayyid al-Shuhada operate under the Islamic Resistance in Iraq, an Iran-aligned coalition focused on removing U.S. influence from the country.

PMF-linked militias have directly attacked Kurdish targets, including a March 2026 drone strike on the Dohuk home of KRG President Nechirvan Barzani, part of a longer pattern dating to a 2015 objection by then-KRG President Masoud Barzani over PMF recruitment in Kurdish areas. Baghdad’s relationship to the PMF is tolerance bordering on de facto support, not genuine control.

Foreign Minister Fuad Hussein acknowledged the limits directly, saying he did not believe Baghdad could rein in the PMF without risking confrontation, and that he did not know which side held the real balance of military power.

That dynamic played out during the 2026 war on Iran, when the Islamic Resistance in Iraq, overlapping heavily with PMF factions, launched more than 500 attacks from Iraqi territory, including strikes on the U.S. embassy in Baghdad, Harir Air Base, and the U.S. consulate in Erbil. After a U.S. strike killed PMF personnel, Iraq’s national security cabinet, chaired by then-Prime Minister al-Sudani and staffed by PMF-affiliated officials, authorized the militias to defend themselves against further strikes, underscoring deference over restraint.

Baghdad sought throughout to avoid being drawn into the broader war, neither backing the U.S.-Israeli campaign nor curbing the militias operating from its soil.

The same tension between formal neutrality and the Coordination Framework’s grip on Iraq’s institutions extends to the oil sector, which underpins Washington’s commercial reengagement. Members of the Coordination Framework run both the Oil and Finance Ministries, and unnamed sources have alleged Deputy Oil Minister Khudair has served as Iran’s key interlocutor inside the ministry.

The pattern is documented elsewhere: the U.S. Treasury sanctioned Deputy Oil Minister Ali Maarij al-Bahadly for allegedly diverting Iraqi oil to an Iran-affiliated smuggler who relabeled it as Iraqi to help Tehran evade sanctions. Iran-backed factions have sought influence beyond oil. The new Minister of Communications is reportedly linked to both Kata’ib Hezbollah and Qais al-Khazali.

Iranian influence, however, has clear limits. Al-Zaidi is a political newcomer and businessman, not a Tehran-aligned figure, and he became prime minister with explicit U.S. backing.

Washington also drew a formal red line barring affiliates of the six U.S.-designated militia organizations from cabinet posts. That line largely held. No ministry is led by an individual formally affiliated with those six groups, and Sadiqoun, the political wing of Asa’ib Ahl al-Haq, was kept out of the cabinet despite its strong electoral showing.

An earlier episode underscores how close Tehran-aligned factions came to a more decisive victory. In January 2026, Iraq’s Shia leaders nominated the more Tehran-aligned Nouri al-Maliki to return as prime minister. Tehran reportedly favored Maliki because his government could have denied Washington the use of Iraqi bases for strikes on Iran.

That nomination ultimately gave way to al-Zaidi. Nevertheless, it demonstrated how much influence Tehran-aligned factions continue to wield within Iraq’s Shia political bloc.

The most accurate characterization, then, is one of substantial but contested Iranian influence rather than full alignment. Washington retains significant leverage, including control over Iraqi oil export revenues routed through the Federal Reserve Bank of New York, sanctions authority, and a residual military presence. It has used that leverage to block militia affiliates from cabinet posts and to pressure Baghdad to strengthen sanctions enforcement.

At the same time, the Coordination Framework’s dominance in parliament, its control of the Oil and Finance Ministries, and documented sanctions-evasion activity by Iraqi oil officials demonstrate that Iran continues to wield significant influence within the institutions that oversee Iraq’s oil revenues and contract awards.

Those are the same institutions where American companies are now re-establishing a commercial presence.

The long-term success of ExxonMobil, Chevron, and BP in Iraq will depend less on the terms of their contracts than on whether Washington can further weaken the political networks through which Tehran continues to operate in Baghdad. The outcome of the broader U.S.-Iran war remains a wildcard in that equation.

Depending on how the conflict unfolds, it could weaken Iran’s ability to fund and direct its allied factions inside Iraq, easing the obstacles facing American firms. Alternatively, it could harden the resolve of Iran-aligned officials and militias entrenched in Baghdad, making those obstacles even more difficult to overcome.

https://www.thegatewaypundit.com/2026/07/inside-iraqs-shia-iran-alignment-limits-it-sets/

Iraq Economic News and Points To Ponder Late Wednesday Evening 7-01-26

Al-Zaydi's Financial Advisor: Funds Recovered From Corruption Will Support The Budget And Reduce The Need For Borrowing

Baghdad - One News - 7/01/2026   The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, confirmed that recovering funds related to corruption cases will affect the general budget through two paths: first, strengthening public finances with cash revenues recorded under the category of other revenues, and second, stopping the bleeding of corruption and reducing the cost of public expenditures.  

Saleh said that creating a special account for depositing the recovered funds has important financial and educational implications, because it prevents these funds from dissolving or being forgotten, and documents them within the Iraqi financial memory, in preparation for directing them transparently to building hospitals and roads and supporting the poor classes, social welfare networks, orphans and widows.  

He added that the recovered funds may alleviate some of the financial deficit and compensate for expenses that the government would have resorted to financing through borrowing, explaining that the assets include cash, real estate, land, stocks, bonds and properties inside and outside Iraq.   https://1news-iq.net/المستشار-المالي-للزيدي-الأموال-المست/

Al-Zaydi: The Government Is Proceeding With The Three Reform Initiatives: "Confining Weapons, Combating Corruption, And Expanding Arab And International Relations"

Baghdad - One News - 7/01/2026   Prime Minister Ali al-Zaidi affirmed that Iraq is moving towards a new phase based on building a modern state with full sovereignty, a strong economy, and the rule of law, in parallel with strengthening relations with its Arab, regional and international surroundings.  

During his meeting with the Secretary-General of the Gulf Cooperation Council, Jassim Al-Budaiwi, he noted the continuation of the anti-corruption campaign and the restriction of weapons to the state, while Al-Budaiwi praised the government measures and affirmed the Council’s readiness to expand the partnership with Iraq in various fields.    

https://1news-iq.net/الزيدي-الحكومة-ماضية-بثلاثية-الإصلاح/

US State Department To Alwan News: We Welcome The Steps Taken By Al-Zaidi In Combating Corruption And Recovering Funds

Washington - One News - 7/01/2026   In the first American stance directly addressing the anti-corruption campaign led by Prime Minister Ali al-Zaidi's government, the US State Department welcomed the measures aimed at combating corruption and recovering public funds, stressing the importance of pursuing these efforts within the approved constitutional and legal frameworks.  

The American message reflects clear support for the anti-corruption campaign, as an essential part of strengthening state institutions and consolidating citizens' trust in them, while emphasizing the importance of the rule of law and transparency in making this campaign a success.  

The US State Department, in its interview with One News, stressed that investigations and judicial procedures represent the natural framework for addressing corruption cases, and that adherence to legal contexts enhances the strength and credibility of the campaign in the eyes of the public.    https://1news-iq.net/الخارجية-الأميركية-لوان-نيوز-نرحب-بال/

UN: Al-Zaidi Has Taken Decisive Steps To Combat Corruption And Recover $500 Billion In Assets

Baghdad - One News - 7/01/2026   The Resident Representative of the United Nations Development Programme in Iraq, Titon Mitra, confirmed that the current government has taken serious steps to combat corruption, noting that this has become evident through the formation of the Supreme Council for Integrity and Asset Recovery.  

Mitra said that the United Nations Development Programme is committed to providing technical support to Iraq and transferring expertise and skills in this area, noting that the legal and governance tools are already in place, but what is lacking is practical application in recovering financial assets.  

He added that estimates indicate the existence of about five hundred billion dollars, explaining that if these figures are correct and the state is able to recover them, this could contribute to bridging the current financial deficit and enhancing the state’s ability to finance its needs. https://1news-iq.net/الأمم-المتحدة-الزيدي-اتخذ-خطوات-حثيثة/

The Central Bank Governor visits the Speaker of Parliament and they emphasize strengthening financial stability and banking reform.

Media Office - Baghdad,  July 1, 2026   The Speaker of the Iraqi Parliament, Mr. Hebat al-Halbousi, received the Governor of the Central Bank of Iraq, Mr. Nizar Nasser Hussein, to discuss mechanisms for developing the banking and financial sector in the country.

At the beginning of the meeting, the Speaker congratulated the Governor on assuming his new duties, wishing him success.

During the meeting, they discussed the most prominent current economic challenges and ways to improve the financial system to serve sustainable development.

The Governor emphasized the banking reform plan and the necessity of developing comprehensive strategic programs and plans aimed at modernizing the banking sector and developing its infrastructure.

He also pointed to the importance of strengthening coordination and cooperation in institutional performance between the legislative authority and monetary policy to enhance the efficiency of Iraqi banks.

For his part, the Speaker affirmed that the Parliament supports all measures and policies that ensure financial and banking stability and protect the national currency, which will positively impact the market and investment in Iraq.

At the conclusion of the meeting, both sides expressed their commitment to continuing joint work and overcoming legislative and executive obstacles to ensure the establishment of a strong and robust financial system that meets the aspirations of the Iraqi economy. https://cbi.iq/news/view/3243

MilitiaMan & CREW IRAQ DINAR UPDATE-"Corruption Reckoning Hits $2 Trillion — REER Momentum is Building"

MilitiaMan & CREW IRAQ DINAR UPDATE-"Corruption Reckoning Hits $2 Trillion — REER Momentum is Building"

7-1-2026

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.

Follow MM on X == https://x.com/Slashn

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=rn7eVki8XU8

Seeds of Wisdom RV and Economics Updates Wednesday Evening 7-1-26

Good Evening Dinar Recaps,

Trump Signals Progress in U.S.-Iran Talks as Markets Rally on Peace Hopes

President Donald Trump said negotiations between the United States and Iran are making "very good" progress, fueling optimism that the temporary ceasefire could be extended and a broader peace agreement reached. Financial markets reacted quickly as oil prices fell, cryptocurrencies advanced, and traders increased expectations that diplomatic efforts will continue.

Overview

• President Trump expressed optimism about ongoing U.S.-Iran negotiations in Qatar, describing recent meetings as productive.

• Markets responded immediately, with oil prices declining while cryptocurrencies and other risk assets gained.

• Investors are increasingly betting that the current 60-day negotiation period will be extended as diplomacy continues.

Key Developments

1. Trump Reports Positive Momentum

President Donald Trump said negotiations with Iran are progressing well, stating that relations have been positive and that discussions on Iran's nuclear program are moving in the right direction. U.S. envoy Steve Witkoff and other American officials continue technical negotiations in Qatar with mediation support from Qatar and Pakistan.

2. Diplomacy Focuses on Long-Term Peace

The current negotiations build upon the interim ceasefire agreement reached last month. Discussions continue to focus on regional security, the future management of the Strait of Hormuz, and broader efforts to reduce tensions across the Middle East.

3. Financial Markets React Immediately

Investor sentiment improved following Trump's comments. WTI crude oil fell below $70 per barrel, reflecting expectations of improving energy supplies, while cryptocurrencies and other risk assets posted gains as investors priced in reduced geopolitical uncertainty.

4. Markets Price in Higher Odds of Ceasefire Extension

Prediction markets increased the probability that the current 60-day negotiation period will be extended. While optimism has grown, investors remain cautious because any setback in negotiations could quickly reverse recent market gains.

5. Final Agreement Still Faces Challenges

Despite encouraging diplomatic signals, negotiators still face significant differences over nuclear issues, sanctions, regional security arrangements, and the long-term governance of the Strait of Hormuz before a permanent agreement can be reached.

  Why It Matters

Progress in U.S.-Iran negotiations has implications far beyond the Middle East. A lasting agreement could improve global energy security, stabilize financial markets, reduce geopolitical risk, and strengthen confidence in international trade routes that are critical to the world economy.

Why It Matters to Foreign Currency Holders

Currency markets often respond quickly to geopolitical developments. Greater stability in the Middle East can reduce market volatility, improve investor confidence, and influence capital flows, commodity prices, and central bank policy—all factors that foreign currency holders closely monitor.

Implications for the Global Reset

• Pillar 2 – Trade

Reduced tensions around the Strait of Hormuz strengthen one of the world's most important energy and shipping corridors, supporting global trade and supply chain stability.

• Pillar 5 – Energy

Improved diplomatic relations increase the likelihood of more stable global oil supplies, helping moderate energy price volatility and supporting long-term energy security.

Future Outlook

Negotiators are expected to continue technical discussions in Qatar over the coming days. Markets will closely watch whether both sides can extend the current negotiation period and make measurable progress toward resolving disputes involving sanctions, nuclear oversight, and maritime security. While optimism has improved, the durability of any agreement will ultimately depend on successful implementation and continued diplomatic engagement.

This is not just about diplomacy—it reflects broader efforts to stabilize global energy markets, protect international trade routes, and reduce geopolitical risks that influence the world economy.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• CoinGape – Trump Signals Breakthrough in US-Iran Talks, Hails ‘Very Good’ Progress As Markets React

• Reuters – Middle East, U.S.-Iran diplomacy, and energy market coverage

~~~~~~~~~~

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Why China Just Overtook The US With The Most Powerful Supercomputer

Why China Just Overtook The US With The Most Powerful Supercomputer

Notes From the Field  By James Hickman (Simon Black / Sovereign Man) July 1, 2026

Yao Tongbin was one of the most important scientists in Maoist China. He had earned a doctorate in metallurgy in England, spent three years at a research institute in West Germany, and left it all to return to China in 1957.

He spent he next 11 years building China’s first-ever modern missile program, with unparalleled knowledge and experience he had accumulated in the West.

But when he came home for lunch on the afternoon of June 8, 1968, a gang of thugs from a rival political faction was waiting for him. They beat him to death in his own apartment. He was forty-five years old.

Yao’s crime was that he was educated, expert, and Western-trained— exactly the kind of man that Mao’s Cultural Revolution had taught the country to hate.

From 1966 to 1976, Mao turned China against its own educated class, rooting out political opposition and handing a the power to young revolutionaries. 

Professors were dragged before their students in dunce caps and beaten mercilessly. Universities shut their doors. Millions of educated young people were shipped off to work camps. And engineers were ranked near the bottom of the social order.

China spent ten years treating intelligence as a crime, and the country paid the price for a generation.

Meanwhile, over in the West at the same time that Mao's Red Guards were beating engineers to death, American technological geniuses developed the world's first microprocessor and lit up the first nodes of the internet... effectively giving birth to the digital age.

It was a night-and-day difference between the US and China. China was actively, stupidly making itself worse off, while the US was developing the technology that would change the world forever.

America remained the epicenter of technological innovation for decades; in fact, the unofficial ‘scoreboard’ of the world’s most technologically advanced nation was whoever could build the fastest supercomputer.

And the answer was obviously the United States... until Japan shocked the world in 1995 and beat the fastest US supercomputer. America quickly reclaimed the top spot, only to be bested by Japan again in 2002.

The two great technological powers jostled for #1 for the next several years until the unthinkable happened in 2010: China developed the world’s fastest supercomputer.

For the past sixteen years, those three powers— America, Japan, and China, have traded the trophy. And China just retook it from the US again last week.

This is a symbolic, albeit critical competition— especially now as there are so many challenges to America’s economic, military, and geopolitical leadership.

Why is America falling behind? Because of its own soft “Cultural Revolution” driving out competence and rewarding the people who build nothing.

During COVID, the government and media conspired to destroy the careers of anyone who questioned Tony Fauci.

Shortly thereafter, the DEI cult took over. From transgender Bud Light influencers to absurdly woke Disney movies to mandatory diversity quotas in corporate boardrooms... and it went all the way to the most powerful institutions in America.

Joe Biden promised a female running mate as his Vice President, and a black woman as a Supreme Court justice. His obsession with diversity over merit resulted in two extremely unqualified people in some of the nation’s highest offices.

The end result has been predictable across the military, public health, medicine, and the media, institutions that increasingly selected for ideology over competence.

Mao destroyed his most capable people on purpose, and it cost China a generation. America is now doing the same thing to itself in a softer way.

But regardless of the tactics, any country that pushes out people who can design the chips, fly the planes, run the labs, and keep the lights on, is shooting itself in the foot.

Here’s another interesting example—

On a recent, private call for our top-tier Total Access members, we spoke with a really unique American entrepreneur based in Africa who sees this DEI rot every single day.

China, he told us, runs a "full court press" in Africa. The Chinese government fights for its businesses and helps them invest aggressively in the strategic resources that China needs back home. Food production. Energy. Water. Minerals.

Meanwhile, as China rapidly scoops up critical resources and builds relationships on the continent, the US-funded Western NGOs are busy with DEI and climate change initiatives.

He told us about one particular NGO, a group that pulled out of a critical agricultural investment over concerns that there weren’t enough women involved and too much CO2.

The difference in priorities between China and the West could not be more obvious.

Now, none of this means that China takes over the world. America has faced down a rising manufacturing rival before. It absorbed Japan's challenge in the 1980s, and it out-produced and out-innovated the Soviet Union as well.

The United States still commands the deepest capital markets on earth, enormous pools of talent, and a genius for inventing and building that no rival has ever matched.

China's problems, by contrast, are far greater.

It shares borders with fourteen countries, including North Korea, Pakistan, India, and Afghanistan. It doesn’t have trusted relations with a single one of them.

China is the largest oil importer in the world by a wide margin and has astonishingly thin per-capita reserves. It is lean on water and quality farmland. Its regional governments are buried under mountains of debt.

And it is, quite bizarrely, facing a massive demographic crisis of its own making (from years of its idiotic one child policy) while simultaneously and precariously trying to keep a population of 1.4 billion people under strict authoritarian control.

Plus, let’s be honest— a centrally planned economy will not deliver maximum innovation. Yes, America has its own idiots in office. But for every Lizzie Warren and AOC, China has plenty of its own morons in government service who make painfully idiotic decisions.

America’s problems are gargantuan, yes. But at their core, they are completely fixable. Three simple approaches would dramatically move the needle. Quickly.

• Cut the federal deficit by reducing obvious fraud and exercising common sense restraint.

• Boost economic productivity by eliminating pointless federal and state regulations.

• Focus exclusively on merit rather than DEI credentials.

Those three are very simple and straightforward, and they would dramatically move the needle. And that’s before tackling other challenges like Social Security, immigration, and election reform.

China might have temporarily taken the top spot in supercomputing. But this is still America’s race to lose.

The plan is maddeningly simple. Unfortunately, if history is any guide, Congress will probably do nothing until there’s a bad-enough crisis to force them to act. And that’s why it makes so much sense to have a Plan B.

To your freedom,   James Hickman    Co-Founder, Schiff Sovereign LLC 

PS: That conversation with the investor in Africa came from a private call for our Total Access members. Total Access is the top tier of Schiff Sovereign membership, built for those who value global networks of like-minded people.

Members get all of our research — Plan B Confidential, Strategic Assets, along with the deepest second-passport discounts we can negotiate, events, boots-on-the-ground explorations, and a network of people quietly building their own Plan B.

https://www.schiffsovereign.com/trends/why-china-just-overtook-the-us-with-the-most-powerful-supercomputer-155409/?inf_contact_key=79e5a90d9083f05c03e97c39a027db5c8dcae2ba3297e07f93219ba341147496

Iraq Economic News and Points To Ponder Wednesday Afternoon 7-01-26

US Oil Imports From Iraq Drop To 4M In April

2026-07-01 08:30   Shafaq News- Washington   US imports of Iraqi crude oil and petroleum products fell sharply in April 2026, dropping to 4.029M barrels from 7.943M barrels in March, according to the US Energy Information Administration (EIA).

Total US oil imports from OPEC member states also declined in April, reaching 37.107M barrels compared to 45.466M barrels the previous month.

Venezuela led OPEC suppliers to the United States in April with 14.471M barrels, followed by Saudi Arabia at 12.621M barrels. Iraq ranked third at 4.029M barrels, ahead of Algeria at 2.331M barrels, Libya at 1.754M barrels, and Nigeria at 1.370M barrels. Kuwait supplied 322,000 barrels and Gabon 209,000 barrels. The United States recorded no imports from the UAE during the same period. https://www.shafaq.com/en/Economy/US-oil-imports-from-Iraq-drop-to-4M-in-April

Dollar Slips In Baghdad, Rises In Erbil

Shafaq News- Baghdad/ Erbil   The US dollar closed Wednesday’s trading mixed in Iraq, hovering around 155,000 dinars per 100 dollars. According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 154,950 dinars per 100 dollars, down from the morning session’s 155,100 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 154,850 dinars.

https://www.shafaq.com/en/Economy/Dollar-slips-in-Baghdad-rises-in-Erbil

Chevron, Iraq Sign West Qurna 2 Confidentiality Deal

2026-07-01 06:23    Shafaq News- Basra   Iraq's Basra Oil Company signed a confidentiality agreement with US energy giant Chevron on Wednesday to exchange technical information for evaluating the West Qurna 2 oil field and advancing negotiations on its future development.

Oil Minister Bassem Mohammed Khudair Al-Abadi, who attended the signing ceremony, noted that Russia's Lukoil had withdrawn from developing West Qurna 2, one of Iraq's largest oil fields, while the ministry continues negotiations with Chevron over the field and other projects.

Al-Abadi said the Oil Ministry is expanding opportunities for international energy companies by providing a secure investment environment and removing obstacles to investment. Iraq aims to strengthen its position among the world's leading oil producers and exporters, he added, reaffirming the ministry's commitment to working with international energy companies, which he described as key partners in developing the country's oil and gas sectors.

Foreign investment, he stressed, would create opportunities for Iraqi businesses, generate jobs, and improve infrastructure and public services in nearby communities through corporate social responsibility initiatives.

Discovered in 1973, the field contains more than 13 billion barrels of recoverable reserves and produces between 400,000 and 480,000 barrels per day, accounting for nearly 10% of Iraq's total crude output.

Read more: Russia’s Lukoil turmoil deepens risks for Iraq’s West Qurna-2 oilfield

https://www.shafaq.com/en/Economy/Chevron-Iraq-sign-West-Qurna-2-confidentiality-deal

Strict Directives To Subject Government Vehicles To Strict Inspection On External Roads Inside Iraq

Twilight News – Diyala   Security sources said on Wednesday that the competent authorities have received strict directives to stop government vehicles and subject them to a thorough inspection, especially on the main roads and lines linking the central, north and south governorates.

The sources told Shafaq News that these measures have entered into force and include official wheels between the provinces, in order to thwart any attempts to smuggle money or documents, or any other assets that may be linked to files currently under investigation.

This field step comes in conjunction with an escalating anti-corruption campaign launched by the government at dawn last Sunday, and affected officials, deputies and businessmen, which Prime Minister Ali al-Zaidi described as the "first phase" of a broader path to recover public money, directing the regulatory bodies to fully mobilize to receive any indicators related to corruption or institutional failure.

In a related context, the Strategic Center for Human Rights warned on Tuesday morning of misleading campaigns aimed at spreading frustration by claiming that anti-corruption efforts will stop or that they will not reach "large heads," considering those attempts an effort to undermine public confidence in the ongoing government and judicial measures. LINK

Iraq Imports $1.5B Worth Of Fruit And Nuts In 2025

2026-07-01 15:09    Shafaq News- Baghdad   Iraq imported $1.541 billion worth of edible fruits, nuts, citrus peel, and melons in 2025, up 23.3% from $1.250 billion a year earlier, according to Trade Map data.

The increase amounted to about $291.5 million year-on-year, with fresh and dried citrus fruits accounting for the largest share of imports at $706.8 million. Bananas followed at $275.2 million, ahead of nuts ($199.2 million), apples, pears, and quinces ($122.7 million), and apricots, cherries, peaches, and plums ($79.1 million).

Iraq ranked among the countries importing more than $1.5 billion worth of fruits and nuts in 2025, as global imports of the products reached $192.68 billion.

The United States remained the world's largest importer with $25.67 billion, followed by China ($20.69 billion), Germany ($16.27 billion), the Netherlands ($10.45 billion), and the United Kingdom ($8.29 billion).

https://www.shafaq.com/en/Economy/Iraq-imports-1-54-billion-worth-of-fruit-and-nuts-in-2025

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 7-1-26

Good Afternoon Dinar Recaps,

MiCA Crypto Rules Take Full Effect Across Europe, Triggering Major Industry Shakeout

The European Union has fully implemented its Markets in Crypto-Assets (MiCA) regulation, requiring all crypto service providers to hold an approved license or cease operations. The sweeping regulatory framework is expected to reshape Europe's digital asset industry by reducing the number of operating firms while strengthening investor protections and regulatory oversight.

Overview

• MiCA is now fully in force across the European Union, requiring crypto firms to obtain regulatory authorization to continue operating.

• Only about 20% of previously registered firms successfully secured MiCA licenses, creating one of the largest regulatory shakeouts in crypto history.

• Licensed exchanges are expected to gain market share as investors migrate toward compliant platforms offering stronger consumer protections.

Key Developments

1. MiCA Enforcement Officially Begins

The European Union's Markets in Crypto-Assets (MiCA) framework officially became fully enforceable on July 1, 2026, ending the transition period for crypto-asset service providers (CASPs). Firms without MiCA authorization are now expected to cease operations or wind down their services within the EU.

2. Majority of Crypto Firms Exit the Market

Of more than 1,200 firms previously operating under national registration systems, only approximately 210–244 obtained MiCA authorization. The result is a dramatic consolidation of the European crypto market as many smaller providers either close, merge, or relocate.

3. Consumer Protection Becomes the Priority

MiCA introduces standardized disclosure requirements, stronger custody rules, operational safeguards, and enhanced regulatory supervision. Investors using licensed exchanges should benefit from greater transparency and accountability compared to the fragmented national systems previously in place.

4. Stablecoin Market Continues to Evolve

Earlier MiCA provisions governing stablecoins have already reshaped the market. Several exchanges removed certain non-compliant stablecoins from European platforms, while MiCA-compliant alternatives are expected to continue expanding throughout the region.

5. Liquidity Shifts Toward Licensed Platforms

With fewer exchanges operating legally, trading activity is likely to concentrate among approved providers. While this may improve regulatory oversight, analysts note it could also temporarily reduce liquidity for smaller cryptocurrencies as markets adjust.

Why It Matters

MiCA represents the world's first comprehensive regulatory framework governing the cryptocurrency industry across a major economic bloc. Rather than prohibiting digital assets, the EU is creating standardized rules intended to increase investor confidence, encourage institutional participation, and establish consistent oversight across all member states.

Why It Matters to Foreign Currency Holders

Although MiCA focuses on digital assets rather than traditional foreign currencies, the regulation reflects the growing integration of digital finance into the global monetary system. As governments establish clearer rules for tokenized assets and stablecoins, digital payment infrastructure continues evolving alongside traditional financial markets that currency investors closely monitor.

Implications for the Global Reset

• Pillar 2 – Trade

A unified regulatory framework creates a more consistent digital asset marketplace across Europe, supporting cross-border financial activity and reducing regulatory fragmentation.

• Pillar 4 – Technology

MiCA accelerates the institutional adoption of regulated blockchain infrastructure by establishing common standards for digital asset service providers, custody, compliance, and stablecoins throughout the European Union.

Future Outlook

The initial implementation of MiCA is expected to be followed by continued licensing approvals, market consolidation, and increasing institutional participation. As compliant exchanges expand and new regulated products enter the market, Europe may emerge as one of the world's most mature digital asset jurisdictions, potentially influencing how other countries regulate cryptocurrencies in the years ahead.

This is not just about cryptocurrency regulation—it reflects the broader global shift toward integrating digital assets into the regulated financial system through standardized oversight, stronger investor protections, and modern financial infrastructure.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Crypto Briefing – MiCA crypto regime now fully in force, reshaping the EU market overnight

• European Securities and Markets Authority (ESMA) – Markets in Crypto-Assets (MiCA)

~~~~~~~~~~

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Wed. Iraq News Posted by Tishwash at TNT 7-1-2026

TNT:

Tishwash:  On the way to America

 The visit of the Prime Minister to the United States of America is approaching, in response to an official invitation from the US President. The Iraqi delegation is scheduled to head to Washington in mid-July, in an important political and economic stop that is being anticipated by both government circles and business circles.

It is customary in international practice for heads of state and government to include in their foreign visits a select group of leading business figures and heads of influential companies and economic institutions, individuals with a proven track record of achievements and a significant presence in local and global markets.

 Government representation is often limited to a small number of officials, while the majority of the delegation consists of economic figures capable of transforming official meetings into tangible investment opportunities and projects that serve the interests of their countries.

These visits gain their importance from the fact that they are not protocol occasions or ordinary diplomatic trips, but rather intensive workshops dedicated to holding meetings and encounters, building partnerships and attracting investments, in order to achieve long-term strategic goals.

Hence, the selection of individuals participating in the economic delegation should be based on criteria of competence, experience, and the ability to represent the Iraqi private sector in a way that reflects its true potential, with a focus on those with successful experiences and existing projects on the ground, who have the ability to build bridges of cooperation with American companies and institutions.

Iraq today needs to seize every opportunity to promote its investment climate and present its development needs to major international companies, particularly in vital sectors that form the cornerstone of sustainable economic growth. Building strategic partnerships with international investors will also contribute to the transfer of expertise and technology, create jobs, and drive development.

The success of a visit is not measured by the number of meetings or statements issued, but rather by the agreements, projects, and real investment opportunities it can yield.

 Iraq needs a comprehensive investment revolution to revitalize its economy, pull it out of its stagnation, and open up new horizons. For growth, development, and prosperity.  link

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

Tishwash:  After the legislative recess... a bet on finalizing the postponed laws.

MP Hussein Shaker affirmed on Tuesday that the Parliament will resume its work after the legislative recess to proceed with enacting important laws, stressing the need to avoid repeating the political disputes that plagued previous sessions and hampered the legislative body's work.

Shaker told the Information Agency, "The Parliament will work after the legislative recess to enact important laws that represent a priority for the coming period, in line with the requirements of the current phase and the needs of the citizens."

He added, "There is a trend within the Parliament to overcome the obstacles that hindered legislative work during previous sessions and to avoid repeating the scenario of political disputes that negatively impacted the performance of the legislative body and affected the passage of many important laws."

He pointed out that "the next phase requires cooperation among the political blocs to complete the remaining laws and expedite the enactment of laws that serve the public interest and strengthen the work of state institutions."

Shaker emphasized that "the success of the Parliament in performing its legislative and oversight duties requires moving beyond political disputes and focusing on completing the important pending laws, in a way that fulfills the aspirations of citizens and contributes to strengthening political and institutional stability." 

Among the stalled laws are the Popular Mobilization Forces Law, the Oil and Gas Law, as well as amendments to the Land Ownership Law and the Federal Supreme Court Law. These laws require overcoming disagreements and prioritizing the national interest in order to be passed. link

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

Tishwash:  Parliament is expected to convene in early July to decide on nine ministerial portfolios in al-Zidi's government.

Member of the Coordination Framework, Uday Abdul-Hadi, predicted on Monday that a session of the Council of Representatives would be held during the first week of July to vote on nine ministerial portfolios in Ali al-Zaidi's government.

Abdul-Hadi told Al-Maalouma, "There is political support for completing the formation of Ali al-Zaidi's government from the forces within the Coordination Framework, in coordination with the other political forces and movements." He anticipated "a session of the Council of Representatives in the first week of July to vote on the candidates for nine ministerial portfolios, in order to complete the remaining cabinet positions."

He added that "next week will witness an important round of political meetings, especially among the forces within the Coordination Framework, to finalize the choices regarding the candidates' names, particularly for the sovereign ministries." He indicated that "expectations point to reaching a comprehensive agreement that will lead to holding the parliamentary session and voting on the candidates for the nine ministerial portfolios."  link

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

Tishwash:  Sanad: Iraq has become a regional communications hub and an international data transmission corridor.

Communications Minister Mustafa Sand confirmed on Wednesday that the achievements in the communications sector represent an important milestone that will make Iraq a regional communications hub and an international data transmission corridor, noting the continued work on developing infrastructure and expanding internet services in various parts of the country.

During the opening ceremony of the third edition of the Iraqi Communications Summit, which was attended by a correspondent from Shafaq News Agency, Sand said that since the ministry took over responsibility for the communications sector, it has put in place a plan to develop this sector, which included expanding free internet services in a number of locations, including holy shrines, external roads during the Arbaeen pilgrimage season, border crossings, as well as other places.

He added that the ministry has worked on expanding the fiber optic cable project and increasing internet service capacities, which contributes to improving the quality of service, stressing that what has been achieved so far represents an important milestone that makes Iraq a regional communications hub and an important site for digital transformation, in addition to being an international corridor for data transmission.

The Minister of Communications indicated that the ministry continues to work on developing the infrastructure of the communications sector, expanding fiber optic networks, improving communications services, and supporting the development of internet networks and systems.

On June 25, Sanad announced the signing of an agreement with the Qatari company GBI to market cross-border internet (transit) capacities through the "Road of Civilizations" project, confirming the receipt of the first financial payment in hard currency, in a step aimed at strengthening Iraq's position as a regional and international digital corridor for data traffic.  link

Tishwash:  Source: Al-Zaidi intends to demand that Jordan hand over businessmen and former officials accused of corruption

An Iraqi political source told the Jordanian newspaper “Khaberni” that Iraqi Prime Minister Ali Faleh al-Zaidi is about to issue official letters to Jordan to hand over businessmen and former officials accused of corruption.

The source, who is close to al-Zaydi's political circle, said that the communications would include businessmen working in the car trade, a potato chip factory, and a private hospital.

The sources indicated that the suspects are required to return tens of millions of dollars, not to mention unspecified quantities of gold, and that Baghdad will formally request the seizure of their assets.

The Iraqi Prime Minister had previously confirmed that the campaign represents a “first phase” in the fight against corruption, stressing the continuation of efforts to recover public funds, and emphasizing that there will be no leniency in protecting the interests of citizens.

The Iraqi News Agency had announced the arrest of 47 defendants, including deputies and officials, in corruption cases, and published the names of 15 of them, citing sources it described as high-ranking.  link

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

Tishwash:  Under the auspices of the Minister of Oil... a confidentiality agreement was signed between Basra Oil Company and the American company Chevron.

The Basra Oil Company signed a confidentiality agreement with the American company Chevron on Wednesday to regulate the exchange of information for the purpose of evaluating the West Qurna 2 field and negotiating future agreements.

Oil Minister Basim Mohammed Khudair al-Abadi stated in a press release: "The West Qurna 2 field is a giant oil field, and the Russian company Lukoil withdrew from its development operations."

The minister indicated that the ministry provides ample opportunities for international companies to invest, including the American company Chevron, emphasizing the attractive and secure investment environment and the removal of all obstacles.

He affirmed that Iraq aspires to be a leading nation in oil production and exports, thereby achieving industrial and economic development for the country, and noted the ministry's commitment to the interests of international companies operating in Iraq.

He  also emphasized the ministry's adherence to the government's directives regarding the importance of supporting international companies, which are considered partners in developing the oil and gas sectors, and indicated that full support will be provided to ensure the success of these projects and the achievement of the government's objectives.

The minister added that the investment projects being implemented secure job opportunities for local companies, in addition to employing Iraqi workers and developing service infrastructure in areas near the projects through social benefit initiatives.

It is worth noting that the ministry is negotiating with the American company Chevron to implement several projects in addition to the West Qurna 2 field.   link

Seeds of Wisdom RV and Economics Updates Wednesday Morning 7-1-26

Good Morning Dinar Recaps,

UN Warns Hormuz Disruption Could Leave Lasting Economic Scars

Although the Strait of Hormuz has reopened and energy markets have stabilized, the United Nations warns that the economic effects of months-long supply disruptions could continue to burden vulnerable economies through higher food prices, transportation costs, and inflation.

Overview

• The United Nations Conference on Trade and Development (UNCTAD) warns that the economic consequences of the Strait of Hormuz disruption will outlast the geopolitical crisis.

• While oil prices have largely recovered, transportation, fertilizer, and food costs are expected to remain elevated, particularly for developing nations.

• Import-dependent economies face prolonged inflationary pressures that could threaten food security, economic growth, and social stability.

Key Developments

1. Supply Chains Recover More Slowly Than Energy Markets

• The reopening of the Strait of Hormuz has restored global energy shipments and helped crude oil prices return closer to pre-conflict levels.

• However, UNCTAD notes that shipping networks, logistics operations, and inventory systems require considerably more time to normalize, meaning transportation costs are likely to remain elevated even as fuel prices decline.

2. Food Inflation Remains a Major Concern

According to the report, higher transportation, fuel, and fertilizer costs continue to flow through agricultural production and food distribution networks.

As a result, food prices may remain elevated well after energy markets stabilize, placing additional financial pressure on households worldwide.

3. Developing Nations Face the Greatest Risk

Countries heavily dependent on imported fuel, fertilizers, and food supplies remain especially vulnerable.

Many developing economies have limited fiscal resources to offset rising import costs, leaving governments with fewer options to protect consumers from persistent inflation.

4. Rising Food Costs Could Increase Humanitarian Challenges

UNCTAD warns that sustained increases in food prices could worsen food insecurity, increase malnutrition, and place greater strain on social assistance programs.

Lower-income households are expected to bear the greatest burden as essential living expenses remain elevated.

5. International Cooperation Will Be Critical

The agency believes coordinated international support—including financial assistance, food aid, and investments in stronger supply chains—will be essential to helping vulnerable economies recover.

Without additional support, inflationary pressures could slow economic growth long after shipping through Hormuz has resumed.

Why It Matters

The reopening of the Strait of Hormuz marks only the beginning of the global recovery. While energy markets have responded quickly, broader economic systems—including agriculture, transportation, and international trade—typically recover much more slowly.

The report illustrates how geopolitical disruptions can produce lasting economic consequences that extend well beyond the immediate crisis.

Why It Matters to Foreign Currency Holders

Persistent inflation and uneven economic recovery could place additional pressure on currencies in import-dependent nations while reinforcing the importance of economic resilience and sound fiscal management. Although this does not directly signal foreign currency revaluations, it demonstrates how global supply chain disruptions continue to influence monetary policy, inflation, and exchange-rate stability.

Implications for the Global Reset

• Pillar 1 – Debt

Higher food and transportation costs may increase government spending, fiscal deficits, and borrowing needs, particularly across developing economies already facing financial constraints.

• Pillar 2 – Trade

The Hormuz disruption highlights the importance of resilient global supply chains, diversified shipping routes, and reduced dependence on strategic maritime chokepoints.

• Pillar 3 – Assets

Persistent inflation and geopolitical uncertainty may continue supporting demand for defensive assets, strategic commodities, and other traditional stores of value.

• Pillar 4 – Technology

Governments and businesses are expected to accelerate investments in logistics technology, supply chain monitoring, and digital trade infrastructure to improve resilience during future disruptions.

• Pillar 5 – Energy

The crisis reinforces the strategic importance of diversified energy supplies, expanded strategic reserves, and continued investment in renewable energy and alternative transportation corridors.

Looking Ahead

Although the immediate threat to global energy supplies has eased, the broader economic recovery is expected to take considerably longer. Policymakers will likely focus on strengthening supply chains, controlling inflation, and supporting vulnerable economies while preparing for future geopolitical disruptions.

This is not just about reopening a critical shipping lane—it reflects the lasting economic impact that geopolitical conflicts can have on global trade, food security, inflation, and the resilience of the international financial system.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

Reuters – UN warns Hormuz disruption could leave lasting economic scars.

Modern Diplomacy – UN Warns Hormuz Disruption Could Leave Lasting Economic Scars

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:    • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.    Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Morning 7-01-26

Oil Rises As Talks Between Washington And Tehran Stalled, U.S. Inventories Fall

Shafaq News - Baghdad/ Erbil   Oil prices rose on Wednesday, helped by fears of continued supply disruptions in the Middle East after talks between the United States and Iran stalled over a final deal to end the war between them.

Brent crude futures rose 33 cents, or 0.45%, to $73.28 a barrel, while U.S. West Texas Intermediate crude rose 34 cents, or 0.49%, to $69.84 a barrel.

The gains also came after data showed U.S. crude oil inventories fell by 6.1 million barrels in the week to June 26, along with declining gasoline inventories, raising supply concerns.

In the political developments, Iran and Qatar announced that Tehran would meet with mediators in Doha instead of holding direct talks with US officials, despite the arrival of US envoy Steve Whitkov and Jared Kushner to the Qatari capital for talks described by Washington as "high-level."

U.S. Vice President J.D. Vance also stressed that the United States will not allow Iran to impose transit fees on passing ships through the Strait of Hormuz, noting that oil flows through the Strait have returned to pre-war levels.  LINK

Gold Fell On Rising US Bond Yields And Rising Interest Rate Expectations

Shafaq News - Baghdad/ Erbil   Gold prices fell on Wednesday after hitting seven-month lows during the previous session, weighed down by higher U.S. Treasury yields and rising expectations of interest rate hikes by the Federal Reserve.

The price of gold in spot transactions fell 0.7% to $ 3979.41 an ounce, after falling in the previous session to $ 3942.99 an ounce, the lowest level since last November. U.S. gold futures for August delivery fell 1.1 percent to $3,992.70 an ounce.

Gold recorded its largest quarterly decline since 2013 during the second quarter of 2026, and fell for the fourth consecutive month in June, amid growing inflationary fears and high expectations of tightening US monetary policy.

The U.S. dollar and 10-year U.S. Treasury yields rose, adding to pressure on gold by raising the cost of holding the precious metal for investors holding other currencies.

In the same context, the markets expect the Federal Reserve to raise interest rates in September, while investors are waiting for the release of US employment data for June and non-farm payrolls figures to obtain new indicators on the course of monetary policy.

In other precious metals, spot silver fell 1.4 percent to $57.75 an ounce, platinum fell 0.6 percent to $1,542 an ounce, and palladium fell 0.4 percent to $1,199.34 an ounce.  LINK

After Baghdad. The Head Of Turkish Intelligence Visits Kirkuk And Discusses With The Governor Joint Files

Twilight News – Kirkuk   The governor of Kirkuk, Mehmet Simon Agha, received on Wednesday the head of the Turkish intelligence service Ibrahim Qalan at Kirkuk International Airport, in the first official visit by the Turkish official to the province after the conclusion of his talks in the capital Baghdad.

A local source told "Twilight News" that the head of the Turkish apparatus and his accompanying delegation arrived in the province to hold a series of meetings with the local administration, pointing out that the talks will focus on discussing a number of files of common interest and security and political dimensions between the two sides.

Qalan’s tour of Kirkuk comes hours after high-level meetings he held in Baghdad with senior officials in the federal government, focused on joint security coordination and border and energy files.   LINK

Basra Crude Prices Jump By More Than 3% On The Impact Of The Rise Of Global Oil

Shafaq News - Baghdad Iraqi oil prices rose significantly on Wednesday, in conjunction with the gains made by global energy markets. Basra heavy crude rose to $ 62.98 per barrel, achieving an increase of $2.32, or 3.82%, while Basra's medium crude rose to $65.08 a barrel, a growth of 3.70%.

Globally, U.S. West Texas Intermediate crude prices grew to $69.77 a barrel, up 0.39%, and Brent crude futures rose to $73.21 a barrel, a slight increase of 26 cents.

Regionally, Saudi Arabian light crude jumped 3.00% to $78.87 a barrel, while Qatar’s Al Shaheen crude rose 2.87% to $67.84, and UAE’s DAS crude rose 0.33% to close at $66.89 per barrel.

Unlike this upward trend, the OPEC crude basket fell 3.60% to settle at $77.37 a barrel, while Dubai crude maintained its price stability at $79.52 per barrel.   LINK

The Dollar Opens Wednesday's Trading On A Decline In Baghdad And Erbil

Shafaq News- Baghdad/ Erbil   The exchange rates of the US dollar fell on Wednesday morning in the markets of the Iraqi capital Baghdad and in Erbil, the capital of the Kurdistan region, compared to the closure of transactions on Tuesday.

The correspondent of the agency Shafaq News, that the prices of the dollar fell in the stock exchanges of the struggle and Harthiya in Baghdad, to record 155,100 Iraqi dinars for every 100 dollars, after it had recorded on Tuesday 156,000 dinars against 100 dollars.

Our correspondent added that the selling prices in banking shops in the local markets in Baghdad amounted to 155,500 dinars against 100 dollars, while the purchase price recorded 154,500 dinars against 100 dollars.

In Erbil, the capital of the Kurdistan region, the dollar prices also fell, with the sale price of 154,850 dinars against 100 dollars, while the purchase price recorded 154,750 dinars against 100 dollars.  LINK

Strict Directives To Subject Government Vehicles To Strict Inspection On External Roads Inside Iraq

Twilight News – Diyala   Security sources said on Wednesday that the competent authorities have received strict directives to stop government vehicles and subject them to a thorough inspection, especially on the main roads and lines linking the central, north and south governorates.

The sources told Shafaq News that these measures have entered into force and include official wheels between the provinces, in order to thwart any attempts to smuggle money or documents, or any other assets that may be linked to files currently under investigation.

This field step comes in conjunction with an escalating anti-corruption campaign launched by the government at dawn last Sunday, and affected officials, deputies and businessmen, which Prime Minister Ali al-Zaidi described as the "first phase" of a broader path to recover public money, directing the regulatory bodies to fully mobilize to receive any indicators related to corruption or institutional failure.

In a related context, the Strategic Center for Human Rights warned on Tuesday morning of misleading campaigns aimed at spreading frustration by claiming that anti-corruption efforts will stop or that they will not reach "large heads," considering those attempts an effort to undermine public confidence in the ongoing government and judicial measures.  LINK

80%. Sharp Decline In Iraqi Oil Exports To South Korea

Shafaq News – Baghdad   Data from the Korean National Oil Company (KNOC) showed that South Korea’s imports of Iraqi crude oil fell by 80.1% year-on-year in May.

According to the data, Korean imports of Iraqi oil during the said month amounted to about 2.146 million barrels, recording a sharp decline compared to 10.778 million barrels in the same month of 2025, a decrease of 62.2% compared to April of this year, reflecting a significant decline in the volume of Iraqi supplies to the Korean market.

In terms of the arrangement of crude oil suppliers to South Korea during the month of May, the lead was as follows:

Saudi Arabia: 18.839 million barrels.

United States: 15.020 million barrels.

United Arab Emirates: 13.151 million barrels.

Algeria: 3.644 million barrels.

Qatar: 2.782 million barrels.

Iraq: 2.146 million barrels.

Kazakhstan: 2.082 million barrels.

During the first five months of this year (January to May), South Korea’s total imports of Iraqi oil amounted to 31,992 million barrels, a total decrease of 29.9% compared to the same period last year.

The Korean report attributed the decline to Seoul’s tendency to diversify its energy sources and reduce excessive dependence on Middle Eastern oil amid the turmoil in the region, as it boosted imports from the UAE, Algeria, Canada and Africa through alternative shipping routes that avoid the Strait of Hormuz.

Seoul plans to raise its imports of Canadian crude oil to 16 million barrels this year, while considering increasing it to 20 million barrels per year in the long term.   LINK