Seeds of Wisdom RV and Economics Updates Monday Afternoon 7-27-26

Good Afternoon Dinar Recaps,

U.S.–Iran Diplomacy Shows Signs of Progress as Oil Markets Reprice Global Risk

Mixed diplomatic signals between Washington and Tehran eased immediate fears of a wider Middle East conflict, sending oil prices sharply lower. However, continuing warnings over the Strait of Hormuz demonstrate that geopolitical risks remain capable of quickly reshaping global energy markets and financial conditions.

Overview

• President Trump said Iran requested a halt to military operations and indicated negotiations are underway, while warning that U.S. military action could quickly resume if talks fail.

• Iran denied reports that it proposed direct negotiations with the United States, underscoring the fragile and uncertain nature of current diplomatic efforts.

• Oil prices posted their largest one-day decline in two months as markets priced in reduced near-term supply risks, although maritime tensions in the Strait of Hormuz remain unresolved.

Key Developments

1. Diplomacy and Deterrence Continue Side by Side

President Donald Trump stated that Iran had reached out seeking a halt to military operations and said discussions are continuing with what he described as a reasonable opportunity to reach an agreement. At the same time, he emphasized that military operations remain ready to resume if negotiations fail.

Meanwhile, Iran's Foreign Ministry publicly rejected reports that Tehran had requested direct negotiations with Washington, maintaining that any diplomatic engagement continues through intermediaries. The differing public statements highlight the deep mistrust that still exists despite renewed diplomatic activity.

2. Oil Markets Quickly Reverse Course

Energy markets responded immediately to signs that the conflict may not escalate further in the near term.

Brent crude and West Texas Intermediate crude recorded their largest single-day declines in nearly two months, reversing part of the sharp gains that followed earlier disruptions surrounding the Strait of Hormuz.

Analysts noted that markets rapidly shifted from pricing in severe supply shortages toward expectations that additional global production could eventually create an oversupply if diplomacy continues and shipping lanes remain open.

3. Strait of Hormuz Remains the World's Financial Pressure Point

Despite improving market sentiment, Iran warned that any additional attempts to interfere with its ports or shipping would trigger further escalation.

Military officials also accused U.S. forces of threatening vessels operating near Iran's coastline, reinforcing concerns that even isolated incidents could quickly reignite broader conflict.

Roughly one-fifth of global seaborne oil trade normally passes through the Strait of Hormuz, making the waterway one of the world's most important economic chokepoints. Even without active combat, uncertainty surrounding navigation continues influencing energy prices, shipping insurance costs, and global trade expectations.

4. Financial Markets Shift Toward Lower Inflation Expectations

The decline in oil prices reduced immediate concerns that another energy shock would fuel higher inflation worldwide.

Lower energy prices could ease pressure on central banks, including the Federal Reserve, as policymakers continue balancing inflation risks with slowing economic growth.

At the same time, investors remain cautious because any breakdown in negotiations could quickly reverse recent gains across equities, cryptocurrencies, and other risk assets.

Why It Matters

Financial markets increasingly respond as much to diplomatic headlines as to military actions. Every indication of progress or deterioration between Washington and Tehran now has immediate consequences for oil prices, inflation expectations, central bank policy, shipping costs, and investor confidence.

Although markets welcomed today's easing tensions, the underlying geopolitical risks have not disappeared.

Why It Matters to Foreign Currency Holders

Currency investors continue monitoring geopolitical developments because sustained changes in energy prices often influence inflation, interest-rate decisions, and capital flows between nations.

Greater stability in global energy markets could reduce short-term volatility, while renewed conflict could once again strengthen safe-haven assets and increase pressure on currencies tied to energy imports and global trade.

Implications for the Global Reset

• Pillar 1: Debt

Lower energy prices can reduce inflationary pressure, potentially giving central banks greater flexibility as governments continue managing historically high debt levels.

• Pillar 2: Trade

The Strait of Hormuz remains one of the world's most important trade corridors. Continued stability supports international commerce, while renewed disruptions could rapidly increase shipping costs and slow global supply chains.

• Pillar 5: Energy

Energy markets remain highly sensitive to developments in the Middle East. Diplomatic progress lowers supply concerns, but unresolved maritime tensions continue to pose significant risks to global energy security.

Future Outlook

Investors will closely watch whether indirect negotiations evolve into meaningful diplomatic progress or whether military pressure resumes. Markets are also monitoring commercial shipping activity through the Strait of Hormuz, statements from both governments, and any changes in global oil production forecasts.

This is not simply about a temporary pause in hostilities—it illustrates how diplomacy, energy security, and financial markets have become increasingly interconnected as the global financial system continues to adapt to a rapidly changing geopolitical landscape.

Sources

• Crypto Briefing — Trump Says Iran Requested Halt to Attacks, Warns of Resuming Operations if Talks Fail

• Crypto Briefing — Oil Prices See Largest Two-Month Drop as U.S.–Iran Tensions Ease

~~~~~~~~~~

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 Monday Afternoon 7-27-26

 Brazil's Exports To Iraq Fall To $208M In Q2 2026

2026-07-26 18:34   Shafaq News- Brasilia/ Baghdad   Iraq's imports from Brazil fell 37.5% in the second quarter of 2026 to $208 million, down from $333 million in the first quarter, the Brazilian Ministry of Development, Industry, Trade and Services said on Sunday.

According to the ministry's data, cane or beet sugar and chemically pure sucrose topped Brazil's exports to Iraq at $70 million, followed by live cattle ($58M), soybeans ($40M), and poultry meat ($35M). Iraq also imported frozen beef ($2.8M), manufactured tobacco ($1.4M), hair care products ($608,000), prepared and preserved meat ($378,000), orthopedic and medical devices ($364,000), and appliances for spraying liquids or powders ($220,000) from Brazil.

Earlier this year, UN COMTRADE data showed that Iraq's exports to Brazil remained limited in 2025, totaling just $3.06 million, compared with the much larger value of Brazilian exports to Iraq.

https://www.shafaq.com/en/Economy/Brazil-s-exports-to-Iraq-fall-to-208M-in-Q2-2026

Oil Prices Drop 4% On US-Iran De-Escalation Signs

2026-07-27 01:17   Shafaq News   Oil prices tumbled 4% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.

Brent crude futures fell $3.96, or 4.1%, to $92.82 by 0329 GMT after briefly slipping under the key support level of $90 earlier in the session.

U.S. West Texas Intermediate crude was at $85.29 a barrel, down $4.02, or 4.5%.

Both contracts are trading at ⁠their lowest levels in nearly a week after rising for the past three weeks.

Brent had reached $100 per barrel as the conflict, which reduced oil shipments via the Strait of Hormuz, spilled over to the Red Sea, hindering exports from the world's top exporter, Saudi Arabia, via the Bab el-Mandeb strait to Asia.

The U.S. ambassador to the United Nations, Mike Waltz, told "Fox News Sunday" and other U.S. media that President Donald Trump had decided to pause U.S. attacks to allow more time for diplomacy.

"Oil prices fell sharply in early trading as the U.S. and Iran refrained from further military action, offering the first tangible signs of a potential de-escalation in tensions," said ING analysts in a client note.

"The price action in ⁠oil this morning clearly reflects the market's desperation for positive news."

Despite the pause in attacks, fewer than 10 commodity vessels passed through the Strait of Hormuz daily during the weekend, shipping data from Kpler showed.

"Any rebound in flows through the Strait of Hormuz is likely to prove slow and partial, as many shippers remain wary and will want greater confidence in their safety before ⁠they bring more empty ships into the Strait," MST Marquee analyst Saul Kavonic said.

In addition, ship traffic through the Bab el-Mandeb strait fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, although a third Chinese supertanker exited via ⁠the Bab el-Mandeb strait.

However, some analysts are still expecting markets to be supported if crude supplies stay affected by ongoing shipping risks in the Middle East and the Russia-Ukraine war.

"As the Middle East conflict widened to the Red ⁠Sea and Ukrainian drones struck Russian ships and refineries...Sustained (supply) disruption would likely keep oil prices elevated and continue to pose upside risks to global inflation," said UOB analysts in a note. (REUTERS) https://www.shafaq.com/en/Economy/Oil-prices-drop-4-on-US-Iran-de-escalation-signs

USD/IQD Exchange Rates Surge In Baghdad, Erbil

2026-07-27 04:34   Shafaq News- Baghdad/ Erbil  TGFThe US dollar strengthened against the Iraqi dinar on Monday morning, hovering around 150,000 dinars per $100 in Baghdad and Erbil, according to a Shafaq News market survey.

In Baghdad, the dollar traded at 150,050 IQD per $100 at the Al-Kifah and Al-Harithiya central exchanges, up from 149,650 IQD on Sunday.

Exchange shops in the capital offered the dollar at 150,500 IQD per $100, with a buying price of 149,500 IQD.

In Erbil, the capital of the Kurdistan Region, the dollar was selling at 150,200 IQD per $100 and buying at 150,100 IQD per $100. https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-surge-in-Baghdad-Erbil-7-4

Gold Prices Climb In Baghdad, Erbil

2026-07-27 05:30   Shafaq News- Baghdad/ Erbil  Gold prices rose in Baghdad and Erbil on Monday, with 21-carat gold hovering around 860,000 Iraqi dinars ($656) per mithqal (equivalent to five grams), according to a Shafaq News market survey.

On Baghdad's Al-Nahr Street, 21-carat Gulf, Turkish and European gold was selling for 858,000 IQD ($655) per mithqal and buying at 854,000 IQD ($652), up from 852,000 IQD on Sunday.

The selling price for 21-carat Iraqi gold stood at 828,000 IQD ($632) per mithqal, with a buying price of 824,000 IQD ($629).

In jewellery stores, 21-carat Gulf gold ranged between 860,000 and 870,000 IQD ($656-$664) per mithqal, while Iraqi gold sold for 830,000-840,000 IQD ($634-$641).

In Erbil, 22-carat gold sold for 905,000 IQD ($691) per mithqal, 21-carat gold for 865,000 IQD ($660), and 18-carat gold for 742,000 IQD ($566). https://www.shafaq.com/en/Economy/Gold-prices-climb-in-Baghdad-Erbil-7

Five-Part Energy Plan Targets Iraq’s Power Shortages

2026-07-27 08:29   Shafaq News- Baghdad   Iraq’s Electricity Ministry on Monday outlined a five-part plan to address widespread power cuts through additional fuel supplies, the return of stalled generating units, domestic gas development, solar projects, and electricity links with neighboring countries.

Ministry spokesperson Ahmed Jiyad told Shafaq News that regional tensions had contributed to the crisis but were not its only cause, citing lower domestic and imported gas supplies, unprecedented temperatures, and rising demand on the national grid.

The ministry is now “coordinating with relevant authorities” to secure fuel, restore offline units, accelerate local gas investment, expand solar generation, and diversify electricity supplies.

Under Iraq’s latest agreement with GE Vernova, the US energy company must arrange up to 10,000 megawatts of electricity imports from neighboring countries by 2027, parliamentary Electricity and Energy Committee member Riyad Adday told Shafaq News.

The ministry previously projected peak summer generation of about 30,000 megawatts against demand of 55,000 to 60,000 megawatts, indicating that scheduled cuts would continue even if plants operated at full planned capacity.

Read more: 40-GW electricity gap forces Iraq to back private generators

https://www.shafaq.com/en/Economy/Five-part-energy-plan-targets-Iraq-s-power-shortages

Lawmakers Endorse Reforms To Ease Iraq's Power Shortages

2026-07-27 13:17   Shafaq News- Baghdad  The Iraqi parliament voted on Monday to approve a package of recommendations to address the country's electricity crisis, including reopening all corruption cases related to the Electricity Ministry dating back to 2005 and strengthening oversight.

According to a statement, the measures require the ministry to submit a detailed annual plan before each summer season outlining completion rates, implementation timelines, and performance indicators, with regular reviews by parliament.

The suggestions also call for reviewing all contracts and projects awarded through exemptions or found to lack technical or economic viability, while taking legal action against those responsible for wasting public funds.

They further called for adopting a national renewable energy program by expanding the use of solar power systems for households and the agricultural and industrial sectors to ease pressure on the national grid and reduce fuel consumption.

The Central Bank of Iraq, in coordination with public and private banks, was tasked with launching a soft-loan initiative offering subsidized or interest-free financing, flexible repayment terms, and simplified guarantees for citizens wishing to install solar power systems. In addition, the Electricity Ministry was directed to establish technical and administrative mechanisms to facilitate connecting solar power systems to the national grid.

Read more: Iraq needs ≈25M solar panels to ease power crisis

A joint committee comprising the parliamentary committees on Electricity, Finance, Planning, Investment, Oil, Services, and Integrity will oversee implementation of the measures and submit periodic progress reports to parliament on achievement rates and obstacles.

Earlier today, Electricity Minister Ali Saadi Wahib reportedly told parliament that Iraq needs 60,000 MW of electricity but is generating only 20,000 MW after losing about 7,000 MW of capacity. He pledged to restore 9,000 MW within 15 days through increased Iranian gas supplies and discussions with Turkiye on electricity imports.

https://www.shafaq.com/en/Iraq/Lawmakers-endorse-reforms-to-ease-Iraq-s-power-shortages

Monday Iraq News posted by Tishwash at TNT 7-27-2026

TNT:

Tishwash:  Iraq: Non-oil revenues hit record high

The Eco Iraq Observatory announced on Saturday that the contribution of non-oil revenues to Iraq’s total financial revenues has risen to 16%, the highest percentage recorded so far.

The observatory said in a statement received by Al-Sa’a that “this is the first time that the percentage of non-oil revenues has risen to 16% during the months of May and June, after it had remained for years not exceeding 5%.”

He explained that "non-oil revenues rose for the first time to about 10% during the government of Mustafa Al-Kadhimi, and stabilized at this level during the government of Mohammed Shia Al-Sudani, before recently recording its highest percentage."

The observatory explained that "non-oil revenues include commodity taxes and production fees, general fees, taxes on income and wealth, transfer revenues, as well as other revenues."

He pointed out that "the revenues of the Kurdistan Region represent about 5.5% of the total non-oil revenues, through the funds that the region delivers to the federal government."  link

Tishwash:   Al-Halbousi receives the US Chargé d'Affaires and emphasizes the importance of the economic partnership with Washington.

The head of the Progress Party, Mohammed al-Halbousi, discussed today, Sunday (July 26, 2026), with the US Chargé d'Affaires, Joshua Harris, the political developments and the economic partnership, and explained that the meeting addressed the results of the Prime Minister’s visit to Washington and the regional and international challenges.

 The media office of the Progress Party, as reported by Network 964, stated that Al-Halbousi “received today, Sunday, the Chargé d'Affaires of the US Embassy in Iraq, Mr. Joshua Harris.”

He added that “the meeting addressed the political situation in the country, and supported the recent visit of the Prime Minister to the United States of America, which contributed to launching a comprehensive and diversified economic partnership that supports the Iraqi economy and expands investment opportunities.”

He added that “the meeting discussed developments in regional and international affairs, the challenges facing the region, and a number of topics of common interest.”  link

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

Tishwash:  Parliamentary Finance Committee sets priority for new government legislation

The Parliamentary Finance Committee held a closed meeting on Saturday to discuss draft laws referred by the Iraqi government to the Council of Representatives, within its purview.

The meeting reviewed the draft laws submitted to the committee, examining their content and financial and legal implications, in preparation for further discussion and the formulation of necessary recommendations that align with current requirements and serve the public interest.

The head of the Parliamentary Finance Committee emphasized the importance of expediting the review of priority draft laws, according to a vision that ensures the strengthening of the state's financial management, supports economic reforms, and develops the legislative environment to meet the needs of government institutions and citizens.

The committee also discussed mechanisms for coordination with relevant government entities and preparations to host representatives of ministries and specialized institutions to hear their technical and legal observations, ultimately aiming to draft sound legislation that contributes to enhancing institutional performance and achieving sustainable development.   link

Tishwash:  What prompted the American company JPMorgan to operate in Iraq?

Political analyst Alaa al-Aqabi stated on Sunday that the agreement with JPMorgan Chase includes allocating the proceeds from the sale of 500,000 barrels of oil per day to finance projects within Iraq, denying that this constitutes a free concession of Iraqi oil .

Al-Aqabi said in a televised interview followed by Al-Sa’a Network that “the opening of JPMorgan Chase Bank in Iraq aims to finance American projects and companies operating in the country, especially after a number of European banks refrained from working in the Iraqi market .”

He added that "the agreement includes the sale of 500,000 barrels of oil per day, with the proceeds to be deposited through JPMorgan Chase to finance the agreed-upon projects, and not the transfer of oil or its revenues to the United States for free ."

He explained that "some critics described the agreement as an occupation or colonialism, but that is not true, because the money will go back to finance projects inside Iraq ."

He pointed out that "these quantities are not counted within Iraq's quota in OPEC, which gives Baghdad an opportunity to increase its oil exports without affecting its official quota, according to him ."

Al-Aqabi stressed that “Iraq needs international banking guarantees to attract investments and finance projects, given the continued reluctance of a number of European banks to enter the Iraqi market  link

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

Tishwash:  The Central Bank of Iraq is restructuring its departments and creating a department to supervise non-bank financial institutions.

The Central Bank of Iraq has decided to implement extensive changes to its organizational structure, including elevating the Directorate of Supervision of Non-Bank Financial Institutions to a general department called the Department of Supervision of Non-Bank Financial Institutions, as part of efforts to improve institutional performance and enhance operational efficiency.

The decisions also included transferring the Operations and Settlements Section from the Information Technology and Payments Department to the Accounting Department, along with transferring the Policies and Regulations and Digital Financial Solutions and Services Sections to the Department of Supervision of Non-Bank Financial Institutions. The name of the Information Technology and Payments Department was also changed to the Information Technology Department.

Furthermore, the bank decided to abolish the Financial Inclusion Section and distribute its responsibilities among the Banking Supervision, Accounting, Statistics and Research, and Non-Bank Financial Institutions Supervision Departments. The Information Security Section was also abolished, and its responsibilities were transferred to the Risk Management Section in coordination with the Information Technology Department.

The measures also included abolishing the Office for Monitoring and Coordinating the Work of Central Bank Branches and linking the Basra, Mosul, and Erbil branches directly to the Deputy Governor. Finally, the Corporate Identity Division was transferred to the Total Quality Management and Institutional Development Department, which will report to the Deputy Governor instead of the Governor.

The Central Bank explained that these changes will take effect no later than July 30, 2026, with the Human Resources Department responsible for redistributing employees according to the new structure. The bank emphasized that these steps aim to enhance institutional performance and develop the organizational structure in line with its objectives and responsibilities.  link

Iraq Economic News and Points To Ponder Monday Morning 7-27-26

The Iraqi Economy: From Fragility To Sustainable Reform

Economic  2026/07/26   At the heart of the economic, financial and banking field...and the suffering of the Iraqi economy from challenges, crises and fragility  .

Economic and banking advisor, *Samir Al-Nassiri*, presents us with his sixteenth publication ..."

His new book (The Iraqi Economy: From Fragility to Sustainable Reform) is published by the Arab House for Science Library - Baghdad. It is a specialized diagnosis of the reality of the national economy from 2003 to 2026  .

The result of years of continuous research, analysis, study and documentation in the files of economic, financial and banking reform .

  Reviewing previous economic policies up to what the new government presented in its ministerial program in the twelfth axis and the 12 paragraphs that outlined the government’s goal for economic reform for the coming years .

  The book consists of 285 pages, five chapters, and sixty-one specialized sections, supported by information, data, statistics, appendices, documents, and sources that make it a comprehensive national and strategic economic reference. 

Advisor Samir Al-Nassiri explains the government's new vision and methodology for restructuring the economy and consolidating its leadership of the state, not the other way around.

This involves shifting from line-item budgeting to program and performance-based budgeting, in harmony with a new economic management methodology that activates investment, energy, electricity, transportation, technology, digital transformation, banking sector reform and restructuring, and empowering the private sector to manage the economy based on facts and practical solutions for transitioning from fragility to sustainability and development .

This is not just a book... it is a practical, scientific and documented roadmap .

By shifting the economy from crisis management to opportunity management .

lt embodies the vision for a prosperous economic future for Iraq. https://alsabaah.iq/135684-.htm

Foreign Policy magazine describes al-Zaidi as "The Most Powerful Man In Iraq": Trump's Bet On His Leadership To Reshape The Iraqi Landscape May Run Into Obstacles Within The Political System

  Latest News Sunday, July 26, 2026 Baghdad - One News -   Foreign Policy Magazine believes that the warm welcome shown by US President Donald Trump during his reception of Iraqi Prime Minister Ali al-Zaidi at the White House was not merely a diplomatic courtesy, but rather reflects a new American approach based on supporting leaders capable of consolidating state power, reducing Iranian influence, and opening their countries’ economies to American companies.

According to the magazine's report, the Trump administration, led by its envoy to the region, Tom Barrack, is betting on a "strongman" model in Iraq, after previous US administrations focused on political compromises and power-sharing.

Washington believes that having a single leader capable of exerting control over state institutions and security services is more effective in achieving its interests than systems of governance based on balances and coalitions.

The report indicated that the search for “Washington’s man” in Baghdad began after the 2025 elections, when Trump publicly rejected the nomination of former Prime Minister Nouri al-Maliki, whom the US administration considered close to Iran, before Iraqi political forces turned to nominating Ali al-Zaidi, who at the time was a young banker with no political base or government experience.  

The report argues that al-Zaidi was a consensus candidate for Iraqi political forces, while Washington considered him a figure who could be supported to implement an agenda based on strengthening state authority, restricting weapons to the government, and reducing the influence of armed factions, in parallel with launching a broad campaign to combat corruption.

He added that al-Zaidi made Washington his first foreign destination after assuming the premiership, and pledged to proceed with the project of integrating and disarming armed factions, including groups close to Iran, within an American vision that considers these steps part of a broader project to rebuild the Iraqi state.  

However, the report indicates that this bet faces significant challenges, because the Iraqi political system was designed after 2003 to prevent the monopolization of power by one person, and previous attempts to integrate armed factions have not succeeded in ending their loyalties, as they have retained their leadership and organizational structures despite their members receiving salaries and positions within state institutions.  

He added that some factions announced their readiness to coordinate with the government, while others, including Kataib Hezbollah and Harakat al-Nujaba, refused to engage in the weapons control project, making the implementation of this plan more complicated.  

The report also argues that the recent war has strengthened the presence of the Iranian Revolutionary Guard inside Iraq and solidified the ties of some factions to Tehran, which makes it more difficult for any government attempt to impose a state monopoly on weapons within a short period of time.  

The report stressed that many Iraqi officials want to strengthen state sovereignty and reduce the influence of armed groups, but desire alone is not enough given the political, military and economic influence that these factions possess, as well as the connection of some of them to Iran.  

The report concludes that the Trump administration's bet on transforming Ali al-Zaidi into a central leader capable of reshaping the Iraqi landscape may face structural obstacles related to the nature of the Iraqi political system, the entanglement of power centers, and internal balances of power. It warns that the pursuit of quick results could lead to an escalation of internal conflict rather than the consolidation of stability. https://1news-iq.net/مجلة-فورين-بوليسي-الأميركية-تصف-الز/

The Judiciary Announces The Seizure Of Another 27 Billion Dinars In The Case Of Former Deputy Minister Of Oil Adnan Al-Jumaili

  latest news Sunday, July 26, 2026 Baghdad - One News -On Sunday, the investigating judge of the Central Anti-Corruption Criminal Court announced the seizure of another 27 billion Iraqi dinars as part of the investigation into the case of the detained Undersecretary of the Ministry of Oil for Liquidation Affairs, Adnan al-Jumaili , and the parties involved with him.  

The judge explained that the money was seized after careful monitoring to track the financial proceeds resulting from waste in projects implemented by the accused and those involved in the case, indicating that the money was hidden with a number of people.   He stressed that investigations are still ongoing to reach all those involved and take legal action against them.    https://1news-iq.net/القضاء-يعلن-ضبط-27-مليار-دينار-في-قضية-وك/

Adnan Al-Jumaili's Cave... 27 Billion New Dinars Hidden With A Number Of Individuals Are Now In The Hands Of The Judiciary, And Investigations Are Ongoing To Track Down The Rest Of The Funds And Reach All Those Involved

latest newsSunday,July 26, 2026 Baghdad - One News - On Sunday, the investigating judge of the Central Anti-Corruption Criminal Court announced the seizure of 27 billion Iraqi dinars as part of the ongoing investigations into the case of the Deputy Minister of Oil for Liquidation Affairs, the detained defendant Adnan Al-Jumaili, and the parties involved with him.

  The judge explained that the seizure came after careful monitoring of the financial proceeds resulting from waste in the implemented projects, indicating that the money was hidden with a number of people, before the competent authorities were able to seize it.  

He added that these funds represent a part of the financial proceeds under investigation, stressing that legal procedures are continuing to track down the rest of the funds, reach all those involved in the case, and take legal action against them.  

He noted that investigations are still ongoing as part of efforts to uncover the entire network linked to the case, recover public funds, and hold all those involved accountable according to the law.    https://1news-iq.net/مغارة-عدنان-الجميلي-27-مليار-دينار-جديد/

Oman Proposes The "Malacca" Model For Managing The Strait Of Hormuz: A Regional Proposal To Finance Shipping Services Without Imposing Transit Fees

  latest news Sunday, July 26, 2026   Amman - One News - 7/26/2026   CNN has revealed a new Omani proposal aimed at reorganizing the management of navigation in the Strait of Hormuz, through the creation of a regional cooperation mechanism for providing maritime services, inspired by the model adopted in the Straits of Malacca and Singapore, in an effort to secure one of the most important maritime routes in the world and alleviate the tensions it has witnessed in recent months.  

According to the report, the proposal is not based on creating a new military alliance or naval force, but rather focuses on establishing a regional framework to manage and finance navigational services, including the maintenance of buoys and lighthouses, regulating ship traffic, enhancing maritime safety procedures, and responding to emergencies and environmental pollution, similar to the mechanism that has been in place for years in the Straits of Malacca and Singapore.  

The report explained that the Sultanate of Oman presented the proposal to the United States and a number of international partners, stressing that the goal is not to impose transit fees on ships, but rather to create contributions or fees related to maritime services provided, in order to ensure the continued funding of safety operations without compromising the principle of freedom of international navigation.  

The report indicated that the proposal also includes a vision for regulating navigation through two maritime corridors, one in Omani waters that remains open to international navigation, and the other in Iranian waters that is subject to coordination mechanisms agreed upon by the parties, within the framework of efforts to reduce military friction and prevent a recurrence of the crises that the strait has recently witnessed.  

The Omani proposal comes amid growing international concerns about the impact of security tensions in the Strait of Hormuz on global energy markets, especially since the strait is one of the most important arteries for oil and gas trade in the world, while the recent military escalation has led to higher shipping and insurance costs and raised fears of disruption to international trade.  

CNN confirmed that the proposal is still in the consultation phase and has not yet reached a final agreement, as the parties are still discussing the nature of the fees, the mechanism for their administration, and the entity that will oversee the proposed system.

Diplomatic contacts continue between Oman, Iran, the United States, and several other countries concerned with maritime security in the Gulf.   https://1news-iq.net/عُمان-تطرح-نموذج-ملقا-لإدارة-هرمز-م/

Seeds of Wisdom RV and Economics Updates Monday Morning 7-27-26

Good Morning Dinar Recaps,

Ballooning U.S. Debt Strengthens Gold and Bitcoin as Investors Seek Alternatives

Growing concerns over America’s expanding national debt and long-term fiscal outlook are prompting investors to increase allocations to gold and Bitcoin, signaling a broader shift in how global markets view traditional safe-haven assets.

Overview

• The U.S. national debt has climbed to approximately $39.3 trillion, raising concerns about long-term fiscal sustainability.

• Investors are increasingly moving toward gold and Bitcoin as hedges against potential dollar weakness and inflation.

• The trend reflects broader changes in global reserve preferences and the evolving financial landscape.

Key Developments

1. U.S. Debt Continues to Reach Historic Levels

America's national debt has expanded to nearly $39.3 trillion, with analysts projecting additional deficits over the coming years. Rising borrowing costs and larger interest payments are placing increasing pressure on future federal budgets.

Many economists warn that persistent debt growth could gradually reduce confidence in long-term fiscal stability if deficits continue expanding faster than economic growth.

2. Gold and Bitcoin Attract Safe-Haven Demand

As concerns surrounding fiscal policy increase, investors are allocating more capital toward gold and Bitcoin as alternative stores of value.

Gold continues to benefit from its long-standing reputation as a monetary reserve asset, while Bitcoin is increasingly viewed by some institutional investors as a digital hedge against currency debasement and monetary uncertainty.

Although the U.S. dollar remains the world's primary reserve currency, market participants are increasingly diversifying portfolios to reduce concentration risk.

3. Dollar Faces Growing Long-Term Questions

The movement into alternative assets does not indicate an imminent collapse of the U.S. dollar. Rather, it reflects growing efforts by investors to diversify as governments around the world carry higher debt burdens.

Central banks have also continued adding gold reserves over recent years, reinforcing gold's role as an important reserve asset alongside traditional currencies.

4. Markets Watch Federal Reserve and Fiscal Policy

Future Federal Reserve decisions on interest rates, inflation, and balance sheet policy will remain major drivers of investor sentiment.

Should inflation remain elevated or debt continue growing rapidly, demand for alternative assets could remain strong as investors seek additional protection from fiscal uncertainty.

Why It Matters

Debt has become one of the defining economic issues of the decade. As governments continue financing large deficits, investors are reassessing where they preserve wealth, balancing traditional financial assets with physical gold and digital assets.

These developments highlight how fiscal policy increasingly influences capital flows, reserve management, and confidence across the global financial system.

Why It Matters to Foreign Currency Holders

For those monitoring long-term monetary reform, rising government debt strengthens interest in asset-backed stores of value and diversified reserve strategies. While this does not signal an immediate currency revaluation, it reflects the broader financial trends encouraging nations and investors to reduce dependence on any single asset or currency.

Implications for the Global Reset

• Pillar 1: Debt

Growing sovereign debt levels continue driving discussions about fiscal sustainability, monetary policy, and long-term confidence in government-issued currencies.

• Pillar 3: Assets

Increasing investment in gold and Bitcoin demonstrates how both central banks and private investors are diversifying into alternative stores of value amid rising financial uncertainty.

• Pillar 4: Technology

The continued adoption of Bitcoin alongside traditional reserve assets reflects the growing role of digital financial infrastructure in the evolving global monetary system.

Future Outlook

Markets will closely monitor Federal Reserve policy, Treasury borrowing needs, inflation trends, and future debt projections. If fiscal pressures continue building, investor demand for diversified reserve assets—including gold and digital assets—could remain an important feature of global markets.

This is not simply about rising government debt—it reflects a broader shift in how investors, institutions, and nations are positioning for a financial system increasingly shaped by fiscal sustainability, reserve diversification, and the search for long-term monetary stability.

Sources

• CryptoBriefing — Ballooning US debt drives investors to bitcoin, gold as dollar weakens

• Reuters — Global markets, U.S. debt and investor demand for gold

~~~~~~~~~~

🌱 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

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 7-26-26

Good Afternoon Dinar Recaps,

U.S.–Iran Conflict Enters New Phase as Red Sea Attacks Expand Regional Risk

With direct U.S. airstrikes paused, the conflict is widening through proxy attacks, threatening critical global shipping routes and adding new uncertainty to energy markets, trade flows, and financial stability.

Overview

• No new U.S. airstrikes were reported overnight, suggesting Washington may be leaving room for diplomatic contacts while maintaining military pressure.

• Iran-backed Houthi forces launched attacks on Saudi oil facilities along the Red Sea, raising concerns that another major energy corridor could face disruption.

• Global markets remain focused on the combined risks surrounding the Strait of Hormuz and the Bab el-Mandeb Strait, two of the world's most important maritime energy chokepoints.

Key Developments

1. U.S. Military Operations Pause While Diplomatic Channels Remain Open

After 13 consecutive nights of U.S. airstrikes targeting Iranian military infrastructure, no additional strikes were reported overnight, marking the first operational pause since the latest escalation began.

According to multiple reports, indirect communications between Washington and Tehran continue through regional mediators, although officials acknowledge that major differences remain over sanctions, security guarantees, and regional military activity. While no breakthrough has been announced, the temporary pause suggests diplomacy has not been abandoned.

2. Houthis Open Another Front Against Saudi Arabia

Even as direct U.S.-Iran military activity slowed, Iran-backed Houthi forces escalated attacks against Saudi Arabia, launching missiles and drones toward Saudi Aramco facilities near Jizan and Yanbu on the Red Sea.

Saudi air defenses reportedly intercepted several incoming missiles, while Saudi military aircraft continued strikes against Houthi positions in Yemen following recent attacks on commercial shipping.

The developments demonstrate that regional proxy forces remain highly active, increasing uncertainty even during periods of reduced direct U.S.-Iran confrontation.

3. Two Global Energy Chokepoints Face Elevated Risk

Financial markets continue monitoring two of the world's most strategically important shipping routes:

• The Strait of Hormuz, through which roughly one-fifth of global oil shipments normally pass.

• The Bab el-Mandeb Strait, connecting the Red Sea with the Gulf of Aden and the Suez Canal.

While Bab el-Mandeb remains open, shipping companies continue reassessing routes after repeated Houthi attacks. Industry analysts note that simultaneous disruptions at both waterways would significantly affect global energy transportation, insurance costs, and international supply chains.

4. Energy Markets Continue Pricing Geopolitical Risk

Although oil prices have fluctuated with reports of paused U.S. strikes, traders remain highly sensitive to developments across the region.

Energy markets continue assigning a geopolitical premium to crude prices because any expansion of attacks against shipping infrastructure could quickly tighten global supplies. Investors also remain focused on possible inflationary effects should transportation costs continue rising.

Why It Matters

This conflict has evolved beyond a bilateral U.S.-Iran confrontation into a broader regional security challenge affecting global commerce. Even without new U.S. strikes, proxy conflicts involving shipping lanes, energy infrastructure, and regional allies continue to influence international markets.

For investors, central banks, and governments, the focus increasingly extends beyond military operations to the resilience of global trade routes, energy supplies, inflation, and financial stability.

Why It Matters to Foreign Currency Holders

For those following long-term global monetary changes, continued instability across major energy corridors reinforces why governments are emphasizing financial resilience, diversified reserves, secure payment systems, and stronger cross-border settlement infrastructure. While these developments do not indicate an imminent currency revaluation, they continue supporting structural reforms designed to reduce vulnerabilities during periods of geopolitical disruption.

Implications for the Global Reset

Pillar 2: Trade

Disruptions to major maritime shipping lanes highlight the importance of building more resilient global trade networks and reducing dependence on vulnerable transportation corridors.

Pillar 5: Energy

Growing instability around both the Strait of Hormuz and Bab el-Mandeb Strait demonstrates how energy security increasingly influences inflation, monetary policy, investment decisions, and the evolution of the international financial system.

Future Outlook

Attention now turns to whether diplomatic contacts can prevent renewed direct military operations while also containing proxy conflicts across the broader Middle East. Markets will closely monitor shipping activity, oil infrastructure, and official statements from Washington, Tehran, Saudi Arabia, and regional mediators for signs of either de-escalation or further expansion of the conflict.

This is not simply about military operations—it reflects the broader transformation of the global financial system as energy security, trade flows, and geopolitical stability increasingly shape the future of the world economy.

Sources

• Al Jazeera — New front in US-Iran war escalates as Houthis fire at Saudi oil facilities

• Reuters — Middle East conflict and global oil 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

Iraq Economic News and Points To Ponder Sunday Afternoon 7-25-26

US Imports No Iraqi Crude For Fourth Straight Week

2026-07-26 02:34  Shafaq News- Baghdad/ Washington   Iraq, OPEC's second-largest oil producer, recorded no crude oil exports to the United States for the fourth consecutive week, according to data released Sunday by the US Energy Information Administration (EIA).

US imports of Iraqi crude remained at zero in the week ending July 17, after averaging 71,000 barrels per day (bpd) in the week ending June 19, before halting over the following four weeks.

Canada remained the largest crude supplier to the United States with 3.635 million bpd, followed by Venezuela at 688,000 bpd and Mexico at 480,000 bpd.

The United States also imported 242,000 bpd from Brazil, 141,000 bpd from Colombia, 103,000 bpd from Ecuador, and 8,000 bpd from Libya. No crude imports were recorded from Saudi Arabia and Nigeria during the reporting week.

https://www.shafaq.com/en/Economy/US-imports-no-Iraqi-crude-for-fourth-straight-week

Iraq Pushes To Expand Exports Through Turkish Pipeline

2026-07-25 15:47  Shafaq News- Baghdad   An Iraqi government delegation held talks in Turkiye on expanding crude oil exports through the Iraq-Turkiye pipeline, a government source told Shafaq News on Saturday.

The delegation was headed by Deputy Oil Minister for Extraction Affairs Nasser Aziz and included State Organization for Marketing of Oil (SOMO) Director General Nizar Al-Shatri, North Oil Company Director General Faisal Hamadi Ramadan, and senior officials from the ministry's legal, economic, and internal audit departments.

According to the source, discussions with Turkiye's Ministry of Energy and Natural Resources focused on the Iraq-Turkiye Pipeline Agreement, increasing the pipeline's export capacity beyond previous levels, and strengthening security along the route from Kirkuk to the Turkish port of Ceyhan.

The proposed increase is intended to offset the impact of regional security developments that have disrupted Iraqi crude exports and weighed on government revenues, the source said.

The talks preceded an expected visit by Iraqi Prime Minister Ali Al-Zaidi to Turkiye, where the two countries are expected to discuss a range of bilateral agreements, including cooperation in the energy sector.

Earlier this month, Oil Minister Bassem Khudair said Baghdad was accelerating plans to build a pipeline linking Iraqi oil fields to Mediterranean ports in Turkiye and Syria. Last week, the state-run North Oil Company (NOC) announced it had completed the technical and engineering preparations required to resume crude pumping from Kirkuk to the Turkish port of Ceyhan, saying the system was ready to begin operations.

Read more: Preparatory studies begin on Kirkuk-Baniyas pipeline rehabilitation

https://www.shafaq.com/en/Economy/Iraq-pushes-to-expand-exports-through-Turkish-pipeline

Dollar Declines In Baghdad, Erbil Markets

2026-07-26 04:15  Shafaq News- Baghdad/ Erbil  The US dollar opened Sunday’s trading lower in Iraq, hovering around 150,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 149,650 dinars per 100 dollars, down from the previous session’s 150,500 dinars.

In the Iraqi capital, exchange shops sold the dollar at 150,000 dinars and bought it at 149,000 dinars, while in Erbil, selling prices stood at 150,150 dinars and buying prices at 150,050 dinars.

https://www.shafaq.com/en/Economy/Dollar-declines-in-Baghdad-Erbil-markets-2-6

Gold Prices Fall In Baghdad And Erbil

2026-07-26 04:43  Shafaq News- Baghdad/ Erbil   On Sunday, gold prices hovered around 850,000 IQD per mithqal in Baghdad and Erbil markets, according to Shafaq News market survey.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 852,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 848,000 IQD. The same gold had sold for 856,000 IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 822,000 IQD, with a buying price of 818,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 850,000 and 860,000 IQD, while Iraqi gold sold for between 820,000 and 830,000 IQD.

In Erbil, 22-carat gold was sold at 894,000 IQD per mithqal, 21-carat gold at 855,000 IQD, and 18-carat gold at 732,000 IQD.

https://www.shafaq.com/en/Economy/Gold-prices-fall-in-Baghdad-and-Erbil-5-7

Syria Launches Major Highway Restoration Plan

2026-07-26 08:00  Shafaq News- Damascus   Syria is moving ahead with plans to rehabilitate several major highways to modernize its network and strengthen domestic and cross-border connectivity, the head of the General Establishment for Road Transport said on Sunday.

Director General Moaz Najjar said the projects will facilitate the movement of goods and agricultural and industrial products between Syrian provinces, reduce obstacles to land transport, and lower shipping costs. He added that upgrading the road corridors will increase transit traffic with neighboring countries, boosting regional and domestic trade while enhancing competitiveness.

Najjar said Jordan, Turkiye, Iraq, and the Gulf States will be among the main regional beneficiaries of the scheme, noting that the Nassib-Aleppo highway forms part of the international M45 corridor linking the Jordanian and Turkish borders.

According to Najjar, work on the Nassib-Damascus highway is expected to take about 400 days, while work on the Damascus-Homs, Homs-Aleppo, and Saraqib-Idlib road plan is projected to last around 500 days each. The rehabilitation and expansion of the Damascus-Palmyra and Palmyra-Deir ez-Zor highways is expected to take approximately 900 days.

Regarding commercial transport routes, he pointed out that the General Establishment for Road Transport is updating the economic feasibility studies for the North-South and East-West route projects ahead of their implementation as toll roads under the build-operate-transfer (BOT) model, aiming to improve commercial transport infrastructure and enhance freight movement across Syria.

https://www.shafaq.com/en/Economy/Syria-launches-major-highway-restoration-plan

ISX Turnover Jumps 240% In Weekly Trade

2026-07-26 08:22    Shafaq News- Baghdad   Trading activity on the Iraq Stock Exchange (ISX) surged last week, with the value of traded shares rising 240.21% and trading volume climbing 256.45% from the previous week, while the benchmark ISX60 index gained 2.04%.

According to the exchange's weekly report, trading took place over five sessions involving 72 listed companies. Shares of 21 companies were not traded because buy and sell orders failed to match, while 10 companies remained suspended for failing to meet disclosure requirements.

A total of 93.98 billion shares, worth 47.99 billion Iraqi dinars (about $36.6 million), were traded in 5,782 transactions, compared with 26.36 billion shares, valued at 14.10 billion dinars (about $10.8 million), a week earlier. The ISX60 closed the week at 1,044.25 points.

Foreign investors bought 23.36 million shares worth 133.7 million dinars (about $102,000) in 93 transactions, while selling 14.67 billion shares valued at 20.69 billion dinars (about $15.8 million) through 150 transactions.

The Iraq Stock Exchange lists 103 companies across sectors including banking, telecommunications, industry, agriculture, tourism, services, investment and insurance.

https://www.shafaq.com/en/Economy/ISX-turnover-jumps-240-in-weekly-trade

Iraq Seeks 10 GW Regional Power Imports Under New GE Deal

2026-07-26 10:20    Shafaq News- Baghdad   Iraq's new agreement with GE Vernova requires the US energy company to secure 10,000 megawatts of electricity imports from neighbouring countries by 2027, a member of parliament's Electricity and Energy Committee revealed to Shafaq News on Sunday.

The committee hosted Electricity Minister Ali Saadi Waheeb yesterday to discuss the country's worsening power shortages, including Baghdad's latest agreement with GE.

Committee member Riyadh Adday noted that lawmakers questioned the minister about the new contract, noting that Iraq has maintained agreements with the company since 2008 “without achieving tangible results.”

According to Adday, the minister said the latest agreement differs from previous contracts and includes a condition requiring GE to arrange the supply of 10 GW of electricity to Iraq from countries across the region by next year.

During the parliamentary session, Waheeb also said completing cross-border electricity interconnection projects and reducing transmission and distribution losses would help increase available generation and improve power supply.

Since 2023, GE has promoted plans to expand Iraq's electricity production by capturing associated gas that is currently flared. The company has previously said its mobile gas turbine technology could generate up to 10 GW of electricity if all associated gas burned in Iraq were utilised.

Read more: Iraq's gas flaring paradox

Power cuts have long been one of Iraq's public grievances, with summer temperatures frequently exceeding 50°C and millions of households relying on private generators to compensate for limited state electricity.

According to the Electricity Ministry, peak summer demand has surpassed 60,000 megawatts, while available generation remains nearly 40,000 megawatts short, a deficit the ministry attributes to illegal grid connections and reduced natural gas supplies following the regional conflict and disruptions linked to the closure of the Strait of Hormuz.

Read more: Beyond 50°C: How decades of conflict are heating Iraq

https://www.shafaq.com/en/Economy/Iraq-seeks-10-GW-regional-power-imports-under-new-GE-deal

MilitiaMan & Crew: The IQD Shift Happening Now – Don't Miss this

MilitiaMan & Crew: The IQD Shift Happening Now – Don't Miss this

7-25-2026

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=xyS6Vh2yBM8

Iraq Economic News and Points To Ponder Late Saturday Evening 7-25-26

Economic Expert: Iraqi Government Studying Currency Change Proposal To Boost Liquidity And Strengthen The Dinar

An economic expert has told Channel8 that the Iraqi government is studying a proposal to change the country's currency as part of broader economic reforms aimed at recovering hidden cash, increasing state liquidity, and strengthening the Iraqi dinar against the U.S. dollar.

Proposal Emerged After U.S. Visit

Speaking to Channel8, economic expert Haider al-Sheikh said Prime Minister Ali Faleh al-Zaidi's recent visit to the United States produced several economic outcomes, including the lifting of U.S. sanctions on seven Iraqi banks, allowing them to resume international transactions and rejoin the correspondent banking system.

Al-Sheikh said discussions following the visit also led to a proposal to overhaul Iraq's currency as part of efforts to improve financial liquidity.

According to al-Sheikh, the proposal currently being studied includes two possible approaches.

The first would introduce a redesigned Iraqi currency with new banknote designs across existing denominations.

The second would remove one zero from the currency as part of a redenomination process.

He stressed that the proposal does not involve printing larger denominations, such as IQD 50,000 or IQD 100,000 banknotes, but instead focuses on replacing the existing currency.

Recovering Hidden Cash

Al-Sheikh said the primary objective is to bring large amounts of cash held outside the banking system back into circulation.

He argued that much of Iraq's liquidity is held by individuals rather than the state, while government cash reserves remain limited.

Under the proposal, authorities would establish a limited period during which citizens could exchange existing banknotes for the new currency through government banks.

He said unusually large exchanges would be subject to scrutiny, allowing authorities to investigate the source of the funds and identify assets linked to corruption.

Al-Sheikh linked the proposal to al-Zaidi's anti-corruption "Dawn Campaign," which has led to the arrest of more than 40 suspects and the discovery of large quantities of cash allegedly hidden in private properties.

Expected Economic Impact

Al-Sheikh said changing the currency could help increase government liquidity, stabilize the exchange market, and strengthen the Iraqi dinar against the U.S. dollar.

He added that the government hopes the measure would improve public confidence in the national currency and reduce the volume of cash circulating outside the formal banking system.

Al-Sheikh noted that a separate proposal to adjust Iraq's official exchange rate had been discussed under former Prime Minister Mohammed Shia al-Sudani, including the possibility of setting the rate at IQD 140,000 per $100.

He said that proposal is no longer being pursued, and the current government's focus has shifted toward changing the currency itself rather than altering the exchange rate.

Additional Financing and Legislative Process

Al-Sheikh also claimed that Iraq secured between $2 billion and $3 billion in loans and financial grants from the United States during the prime minister's visit. He added that Qatar, the United Arab Emirates, and other countries are also expected to provide additional financing.

According to al-Sheikh, the currency proposal remains under study and will be reviewed by the Ministerial Council for the Economy, the Ministry of Finance, the Central Bank of Iraq, and a joint consultative committee before being submitted to the Council of Ministers and later to Parliament if approved.

He estimated that, if adopted, implementation could take approximately five to six months.

Al-Sheikh said Iraq's currency remains among the weakest-performing in the Middle East and argued that a well-planned currency reform, supported by research from the Central Bank and the Ministry of Finance, could contribute to increasing the value of the Iraqi dinar against the U.S. dollar.

He emphasized that the proposal remains under government review and has not yet been formally approved.   https://channel8.com/english/news/62022

Prime Minister Chairs the 12th Regular Session of the Council of Ministers

Iraqi News AgencySaturday,  25 July 2026Baghdad -INA- Prime Minister Ali Faleh Al-Zaidi chaired, this evening, Saturday, the 12th regular session of the Council of Ministers, during which the overall situation in the country was discussed, the items on the agenda were reviewed, and the necessary directives and decisions were issued.  

The Media Office of the Prime Minister said in a press release , received by The Iraqi News Agency-INA “On the occasion of the Arbaeen commemoration of Imam Hussein (peace be upon him), and to ensure the smooth return of pilgrims following the pilgrimage, the Council of Ministers declared Monday and Tuesday, August 3–4, 2026, public holidays”.  

As part of efforts to strengthen Iraq’s external relations, the Council of Ministers voted to activate the Iraq–Türkiye Framework Agreement on water resources, with the financing mechanism for projects under the agreement to enter into force on September 1, 2026.  

To diversify Iraq’s crude oil export routes and outlets, the Council of Ministers approved authorizing the Chief Executive Officer of Basra Oil Company to sign a memorandum of understanding between the Ministry of Oil and the Syrian Ministry of Energy concerning the establishment of a pipeline project linking Iraqi oil production to global export markets through the Mediterranean Sea.  

The Council also authorized the Minister of Oil to sign a memorandum of understanding with the consortium of companies (ConocoPhillips, TI Capital, and NovaTerr) to commence discussions on assessing the exploration and development potential of the Akkas Field in western Iraq and the surrounding areas.  

To develop oil infrastructure and increase production capacity, the Council of Ministers voted to authorize the Ministry of Oil to announce the Integrated Qayyarah Project for competitive bidding in accordance with the Government Contracts Implementation Instructions No. (1 of 2025).  

The Council also approved the recommendation concerning the Integrated Field Management Services (IFMS) and Engineering, Procurement, and Construction Management (EPCM) services contract for the West Qurna-2 Field of Basra Oil Company.  

In the same sector, the Council approved the recommendation to exempt the tender for drilling the Qara Tapa-A exploratory well from the provisions of Council of Ministers Resolutions No. (1128 of 2025) and No. (325 of 2026), which regulate government contracting.  

In the electricity sector, the Council approved the recommendation to cover the costs of implementing field works related to the 3.6-kilometer underground transmission line, with Basra Oil Company providing the materials and cables required for the project. 

The Council also approved the recommendation to extend the contract addendum for the floating power stations supplying electricity from June 24, 2026, through September 30, 2026, providing a generation capacity of 350 megawatts in return for a daily service fee.  

As part of the government’s support for the education sector, the Council of Ministers voted to address the issue of allowances for gifted students studying abroad under the Scholarships, Fellowships, and Financial Assistance Regulation No. (3 of 2018). 

It also approved adding a provision to Council of Ministers Resolution No. (24803 of 2024) specifying the amount of allowances during the scholarship period, while coordinating with the Ministry of Higher Education and Scientific Research to submit a proposal for determining tuition fees, taking into account the country of study.  

https://ina.iq/en/politics/50708-prime-minister-chairs-the-12th-regular-session-of-the-council-of-ministers.html

CBI Revamps Organizational Structure

2026-07-25 /  Shafaq News- Baghdad    Iraq's Central Bank (CBI) approved a broad restructuring of its organizational framework, upgrading its Directorate of Non-Bank Financial Institutions Supervision to a full general directorate as part of efforts to strengthen oversight and improve institutional performance.  

According to an official document, the restructuring includes transferring the Operations and Settlements Department from the Information Technology and Payments Directorate to the Accounting Directorate, while policy, regulatory, digital solutions and financial services units will be moved to the newly established Directorate of Non-Bank Financial Institutions Supervision.  

The bank also renamed the Information Technology and Payments Directorate as the Information Technology Directorate and abolished its Financial Inclusion and Information Security departments, redistributing their responsibilities among existing directorates and the Risk Management Department.  

In addition, CBI dissolved its office responsible for coordinating branch operations, placing its branches in Basra, Mosul, and Erbil under the direct supervision of the deputy governor. It also introduced changes to reporting lines within its quality management and institutional development departments.  

The restructuring is scheduled to take effect by July 30, with the Human Resources Directorate tasked with reallocating staff in line with the new organizational structure.    

https://www.shafaq.com/en/Economy/CBI-revamps-organizational-structure

Seeds of Wisdom RV and Economics Updates Sunday Morning 7-26-26

Good Morning Dinar Recaps,

Global Financial Institutions Deepen Coordination as Tokenization Reshapes the Future of Money

International policymakers are accelerating efforts to modernize the financial system, with growing emphasis on tokenization, cross-border payments, and preserving trust in money as digital finance expands.

Overview

• Global financial institutions are intensifying coordination on the future of digital finance, recognizing tokenization as a structural change rather than a technological trend.

• The International Monetary Fund (IMF) and Bank for International Settlements (BIS) continue urging governments and regulators to establish common standards for tokenized assets and stablecoins.

• The debate has shifted from whether finance will become tokenized to how it will be governed, with implications for banking, payments, and cross-border capital flows.

Key Developments

1. Tokenization Moves Into the Mainstream of Global Finance

International financial leaders increasingly describe tokenization as a transformation of financial infrastructure rather than simply another digital asset innovation. The IMF notes that placing financial assets and liabilities on shared digital ledgers could fundamentally change how payments, settlements, and financial markets operate worldwide.

2. BIS Calls for Coordinated Global Standards

The BIS continues emphasizing that trust in money must remain the foundation of any future financial system. While acknowledging the efficiency gains offered by tokenization and programmable finance, the institution warns that stablecoins require stronger regulatory frameworks and international coordination to support financial stability.

3. Cross-Border Payments Continue to Evolve

International organizations are expanding work on next-generation payment infrastructure designed to make cross-border transactions faster, cheaper, and more secure. These initiatives seek to improve existing financial systems while reducing settlement delays and increasing interoperability between national payment networks.

Why It Matters

Global finance is entering a period of structural modernization. Rather than replacing today's banking system overnight, policymakers are focused on upgrading the underlying infrastructure that supports payments, settlements, and international capital movement.

Why It Matters to Foreign Currency Holders

Foreign currency holders continue monitoring these developments because modernized payment systems, tokenized financial assets, and evolving regulatory standards could gradually influence international liquidity, reserve management, and cross-border transactions. While these initiatives do not signal immediate changes to currency values, they represent foundational steps toward a more digital global financial architecture.

Implications for the Global Reset

• Pillar 2: Trade

More efficient cross-border payment systems could reduce transaction costs, improve settlement speed, and strengthen international commerce.

• Pillar 4: Technology

Digital ledgers, tokenization, and programmable settlement are becoming increasingly important components of the next generation of financial infrastructure.

Future Outlook

Attention will remain focused on how governments, central banks, and international organizations coordinate digital financial standards over the coming months. As tokenization initiatives expand and regulatory frameworks mature, policymakers will be balancing innovation with financial stability while seeking greater interoperability across global markets. The pace of these developments may significantly influence how the international financial system evolves during the remainder of the decade.

This is not simply about new financial technology—it reflects the broader transformation of the global financial system as digital infrastructure, cross-border payments, and international coordination increasingly shape the future of the world economy.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• International Monetary Fund — Tokenization Can Change the World's Financial Architecture

• Bank for International Settlements — The Path to the Next-Generation Monetary and Financial System Lies in Safeguarding Trust in Money

~~~~~~~~~~

🌱 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

Seeds of Wisdom RV and Economics Updates Saturday Afternoon 7-25-26

 Good Afternoon Dinar Recaps,

Federal Reserve Enters New Era as Investors Adjust to Less Predictable Monetary Policy

The Federal Reserve's evolving communication strategy is reshaping expectations for interest rates, global capital flows, and financial market stability.

Overview

• Federal Reserve Chair Kevin Warsh is moving toward less explicit forward guidance, giving policymakers greater flexibility during uncertain economic conditions.

• Investors are reassessing interest-rate expectations, creating increased volatility across bonds, equities, currencies, and commodities.

• International institutions are watching closely, recognizing that U.S. monetary policy continues to influence financial conditions around the world.

Key Developments

1. The Federal Reserve Signals a Policy Shift

Rather than providing detailed guidance about future rate decisions months in advance, the Federal Reserve appears to be emphasizing a more data-dependent approach. Officials say today's economic environment—including geopolitical risks, elevated public debt, and inflation uncertainty—requires greater flexibility.

2. Markets Must Interpret More, Predict Less

Without clear forward guidance, investors will rely more heavily on incoming economic data. Bond yields, the U.S. dollar, precious metals, and equity markets may experience greater short-term swings as expectations adjust after each major economic report.

3. Global Central Banks Are Watching

The IMF has indicated it plans discussions with central banks regarding changes to forward guidance, recognizing that communication itself has become an important monetary policy tool during periods of elevated uncertainty.

Why It Matters

The Federal Reserve remains the world's most influential central bank. Even modest changes in how it communicates policy can affect borrowing costs, international investment flows, exchange rates, and sovereign debt markets across the globe.

Why It Matters to Foreign Currency Holders

Foreign currency investors continue monitoring U.S. monetary policy because Federal Reserve decisions influence global liquidity, dollar strength, and capital movement. Greater uncertainty surrounding future interest-rate policy may increase volatility across major currencies while encouraging continued diversification by central banks and institutional investors.

Implications for the Global Reset

• Pillar 1: Debt

Growing government debt levels continue placing pressure on monetary policymakers, making future interest-rate decisions increasingly significant for global financial stability.

• Pillar 4: Technology

As financial markets become increasingly digital, central banks are adapting not only policy tools but also the way they communicate with markets, supporting the evolution toward a more technology-driven financial system.

Future Outlook

Markets will now focus less on Federal Reserve forecasts and more on incoming economic data. Inflation reports, employment figures, Treasury markets, and global geopolitical developments are expected to carry greater influence over interest-rate expectations. If this communication strategy continues, investors may need to adapt to an environment where policy flexibility replaces predictable guidance, potentially increasing market volatility while giving central banks greater room to respond to changing economic conditions.

This is not simply about Federal Reserve policy—it reflects the broader transformation of the global financial system as central banks adapt to rising debt, changing market expectations, and a rapidly evolving financial landscape. 

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Reuters — IMF says hopes to engage on central banks' changes to forward guidance

• Bank for International Settlements — Global Economic Pressure Points Call for Policy Discipline‍ ‍

~~~~~~~~~~

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