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Seeds of Wisdom RV and Economics Updates Friday Morning 8-7-26

Good Morning Dinar Recaps,

BRICS Strengthens Alternative Trade Architecture: Global Financial System Continues Its Structural Shift

As BRICS prepares for its 2026 Summit, member nations are accelerating efforts to expand local-currency trade and strengthen alternative payment infrastructure, signaling another step toward a more multipolar global financial system.

Good Morning Dinar Recaps,

BRICS Strengthens Alternative Trade Architecture: Global Financial System Continues Its Structural Shift

As BRICS prepares for its 2026 Summit, member nations are accelerating efforts to expand local-currency trade and strengthen alternative payment infrastructure, signaling another step toward a more multipolar global financial system.

Overview

  • India's BRICS presidency is accelerating discussions on expanding local-currency trade, payment connectivity, and financial cooperation ahead of the September BRICS Summit.

  • Rather than pursuing a single BRICS currency, members continue focusing on practical alternatives that reduce reliance on traditional dollar-based payment systems.

  • These developments represent a gradual restructuring of global trade architecture that could influence international finance for years to come.

Key Developments

1. BRICS Summit Preparations Intensify

India's presidency of BRICS continues gathering momentum through a series of ministerial meetings leading up to the September 2026 Leaders' Summit.

Finance ministers, central bank officials, and trade representatives are working to strengthen economic cooperation while expanding mechanisms that facilitate trade among member nations. The meetings reflect the bloc's long-term strategy of building stronger financial connections without disrupting global markets.

2. Focus Shifts Toward Practical Trade Solutions

Recent discussions continue emphasizing local-currency settlement, payment interoperability, and financial cooperation instead of creating a common BRICS currency.

Member countries increasingly view expanding settlement in national currencies as a practical way to lower transaction costs, reduce exchange-rate exposure, and improve resilience in international trade. This gradual approach has gained support because it builds on existing financial infrastructure rather than replacing it overnight.

3. Payment Infrastructure Continues to Evolve

A major objective remains improving cross-border payment efficiency.

BRICS members are examining ways to better connect national payment systems and explore interoperable digital payment technologies that could simplify international commerce. These initiatives are designed to complement existing financial networks while providing businesses with additional settlement options.

4. Global Markets Continue Watching the Shift

Although the U.S. dollar remains the world's dominant reserve currency, investors increasingly recognize that global trade is becoming more diversified.

Rather than replacing the dollar, BRICS nations are gradually expanding the use of alternative settlement mechanisms where practical. This measured evolution reflects changing trade relationships and a broader trend toward a more diversified international financial system.

Why It Matters

The evolution of global trade architecture is occurring through incremental policy changes rather than dramatic announcements. Expanding local-currency settlement and payment interoperability can reduce transaction costs, improve financial resilience, and diversify international commerce.

While these developments do not eliminate the role of the U.S. dollar, they demonstrate how major economies are steadily building additional financial infrastructure alongside the existing system.

Why It Matters to Foreign Currency Holders

  • Growing use of local currencies may gradually diversify global capital flows.

  • Alternative payment systems could reduce settlement costs in international trade.

  • Broader currency diversification may influence long-term exchange rate trends.

  • A more multipolar financial system could create new opportunities and risks for international investors.

Implications for the Global Reset

  • Pillar: Trade

BRICS continues expanding the infrastructure that supports trade in local currencies and improves cross-border settlement. These efforts represent a gradual modernization of international commerce by providing additional payment channels alongside traditional systems.

  • Pillar: Technology

Payment interoperability and digital financial infrastructure remain central to BRICS' long-term strategy. Rather than replacing existing networks, member nations are building complementary technologies designed to improve efficiency, resilience, and financial connectivity.

Conclusion

The significance of today's developments lies not in a single announcement but in the continued, methodical expansion of alternative financial infrastructure.

As BRICS prepares for its upcoming summit, the focus remains on strengthening practical trade mechanisms that can support long-term economic cooperation.

This is not simply about BRICS expanding trade—it reflects the broader evolution of global financial architecture as nations develop additional payment systems, diversify settlement methods, and gradually modernize international commerce.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱


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

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


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

That is not your failure.

Our mission here is different:

• No dates • No rates • No hype • No gurus

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

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

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

Protect your identity. Organize your documents.

    Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

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Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

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Currency Reset Incoming: Central Banks Are Preparing Now | John Rubino

Currency Reset Incoming: Central Banks Are Preparing Now | John Rubino

Liberty and Finance:  8-6-2026

John Rubino joins Liberty and Finance to explain why mounting debt problems in Japan, the United States, and across the developed world could be bringing the global financial system closer to a major breaking point.

He discusses why central banks continue accumulating gold, why he believes the "everything bubble" spanning government debt, AI, and private credit is becoming increasingly unstable, and what could trigger a worldwide currency reset.

Currency Reset Incoming: Central Banks Are Preparing Now | John Rubino

Liberty and Finance:  8-6-2026

John Rubino joins Liberty and Finance to explain why mounting debt problems in Japan, the United States, and across the developed world could be bringing the global financial system closer to a major breaking point.

He discusses why central banks continue accumulating gold, why he believes the "everything bubble" spanning government debt, AI, and private credit is becoming increasingly unstable, and what could trigger a worldwide currency reset.

 Rubino also examines the economic consequences of escalating geopolitical tensions, supply chain disruptions, and growing volatility in financial markets.

Finally, he shares why he believes physical gold and silver, along with greater personal resilience and local self-sufficiency, may become increasingly important as global risks continue to mount.

This interview explores the warning signs he believes investors should be watching closely in the months ahead.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Japan crisis

11:10 Iran war

15:00 AI bubble

21:40 AI data centers

26:00 Currency reset

https://www.youtube.com/watch?v=YCJ5X9tiqas

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Iraq Economic News and Points To Ponder Thursday Evening 8-6-26

Iraq Is Facing A Liquidity Crisis... Will The Government Resort To Printing Money To Secure Salaries?

August 6, 2026Last updated: August 6, 2026   The Independent - Iraqi finances are facing increasing pressure as oil revenues continue to decline, at a time when the government needs about 8 trillion dinars per month to cover the salaries of employees and retirees and social welfare benefits, in addition to other government obligations and expenditures, which has brought the issue of liquidity back to the forefront of economic discussion.

Iraq Is Facing A Liquidity Crisis... Will The Government Resort To Printing Money To Secure Salaries?

August 6, 2026Last updated: August 6, 2026   The Independent - Iraqi finances are facing increasing pressure as oil revenues continue to decline, at a time when the government needs about 8 trillion dinars per month to cover the salaries of employees and retirees and social welfare benefits, in addition to other government obligations and expenditures, which has brought the issue of liquidity back to the forefront of economic discussion.

According to a report published by Al-Araby Al-Jadeed newspaper and followed up by Al-Mustaqila, the limited financial options available have prompted the proposal to print currency to return again as one of the scenarios proposed to provide liquidity, amid economic warnings that this option may have serious repercussions on inflation, the exchange rate of the dinar, and the purchasing power of citizens.

These developments come at a time when the Central Bank of Iraq is seeking to maintain monetary stability and manage liquidity levels, as it has previously warned against using the issuance of new money to finance public expenditures, stressing that financing the deficit through this route could lead to increased inflation and a decline in the value of the currency.

Economic experts believe that Iraq faces a large funding gap as a result of declining oil revenues, since the general budget depends mainly on oil exports, which means that any decrease in prices or exported quantities directly affects the state’s ability to finance its obligations.

Financial and banking expert Mahmoud Dagher said that the decline in oil revenues has created a gap between available resources and the size of monthly spending, noting that Iraq needs billions of dollars monthly to cover salaries, while revenues have fallen to levels that are not sufficient to meet obligations.

Dagher warned that resorting to increased monetary issuance or a large expansion of domestic debt could lead to additional pressures on the economy, including higher inflation, increased pressure on monetary reserves, and the potential impact on the dinar's exchange rate against the dollar.

He pointed out that the current crisis is not only related to the decline in oil prices or the decrease in exports, but also reveals structural challenges that have accumulated over the past years, including high operating spending, weak diversification of revenue sources, and the need for broader financial reforms.

For his part, economist Safwan Qusay stressed that managing liquidity during the next phase requires setting spending priorities, so that the government focuses on salaries, the social safety net and basic expenditures, while working to reduce unnecessary expenditures and increase non-oil revenues.

Qusay explained that among the possible solutions are improving the collection of taxes and fees, enhancing revenues at border crossings, recovering public funds, in addition to supporting other economic sectors to reduce dependence on oil as an almost sole source of budget financing.

He also pointed to the importance of restoring oil export levels and diversifying shipping routes, noting that any increase in exports will take time to be reflected in government revenues, which makes interim solutions necessary to manage the current crisis.

In the same context, Jamal Kojar, a member of the parliamentary finance committee, confirmed that the government faces limited options for providing liquidity in the coming months, explaining that recovering funds and maximizing revenues are part of the solution, but they may not provide large resources quickly.

He added that other options, such as increasing taxes or selling some state assets, could have economic and social repercussions, while printing money remains an option despite the risks that may accompany it.

Observers believe that the current liquidity crisis represents a real test for Iraqi fiscal policy, as protecting salaries on the one hand, and maintaining currency and price stability on the other, require solutions that go beyond temporary measures, towards a comprehensive reform that restructures spending and strengthens non-oil revenue sources.

Recent developments confirm that Iraq’s continued dependence on oil makes its economy vulnerable to repeated shocks, placing the government in a position where it must accelerate the building of a more diversified economy capable of withstanding financial crises. https://mustaqila.com/العراق-أمام-أزمة-سيولة-هل-تلجأ-الحكومة/

With Integrated Banking Solutions For Traders And Companies, The International Development Bank Expands Its Support For The Private Sector.

Economy |  05/08/2026   Mawazin News - Baghdad   The International Development Bank (IDB) announced its continued support for the private sector by offering a comprehensive suite of banking solutions and services tailored to merchants, companies, and public and private sector employees. This aligns with its strategy to support business growth, enhance financial inclusion, and accelerate digital transformation in Iraq.

In a statement received by Mawazin News, the bank explained that its services include a merchant account offering solutions for managing payments and electronic collections in partnership with Al Arab Company, via point-of-sale (POS) terminals.

Benefits include waiving merchant commissions, a 3.5% monthly return on the average balance, no minimum balance requirement or account management fees, and an increased daily cash withdrawal limit for debit cards to 10 million Iraqi dinars.

The bank also provides companies and institutions with integrated banking solutions encompassing financing, letters of credit, letters of guarantee, cash and liquidity management, international trade services, treasury services, and financial consulting, thereby enhancing business efficiency and supporting commercial expansion.

As part of its efforts to support the business environment, the International Development Bank (IDB) provides payroll services, along with financing, savings, investment, and digital solutions for employees. This contributes to enhancing financial stability and improving the efficiency of banking services within institutions.

The bank's Managing Director, Saed Zureikat, affirmed that the bank continues to invest in developing innovative banking solutions that meet the needs of merchants, companies, and employees, contributing to the advancement of digital transformation, empowering the private sector, and building a more competitive and sustainable economy.

The bank noted that its services are based on a strong capital base and full compliance with the regulations of the Central Bank of Iraq. It emphasized its commitment to continuously developing its banking products to support the competitiveness of the private sector and enhance the investment climate in Iraq.

The bank reiterated its commitment to further developing its banking services and products to boost the competitiveness of the private sector, support the business environment, and attract investments, in line with its vision to be the preferred financial partner for individuals and businesses in Iraq.     https://mawazin.net/Details.aspx?jimare=287865

Shortages And Low-Quality Fuel Drive Restrictions In Iraq’s Nineveh

2026-08-06  Shafaq News- Nineveh  A gasoline shortage in Iraq’s Nineveh province has left motorists facing long queues at fuel stations, with growing complaints over fuel quality and supply availability as authorities move to tighten distribution controls and curb unauthorized trading.

Drivers across the province told Shafaq News that the problem has extended beyond waiting times, with many describing poor vehicle performance from the gasoline being supplied, including subsidized “improved” fuel. They attributed repeated vehicle problems and engine damage to the low octane levels found in some supplies.

An official at the State Oil Products Distribution Company disclosed that new measures will be introduced to regulate fuel distribution and prevent unauthorized trading.

The planned system would require vehicle owners to obtain gasoline through a fuel card system using existing paper cards, electronic cards, or mobile-linked QR codes. The measures would also verify vehicle ownership details before fuel is supplied.

Nineveh has long relied on a fuel card system, but oil authorities are now working to strengthen monitoring mechanisms. The Provincial Council is also seeking a higher daily fuel allocation for the city, while residents have called for imported gasoline to undergo technical testing before entering the market to ensure it meets required quality standards.

In Iraq’s Kurdistan Region (KRI), fuel prices have faced pressure in recent months. Commercial gasoline exceeded 1,300 dinars ($0.99) per liter before a July price cap was introduced. In Al-Sulaymaniyah, regular gasoline reached 1,000 dinars ($0.76) per liter in June, while improved and super grades were sold for 1,200 dinars ($0.92) and 1,350 dinars ($1.03), respectively.

KRI requires between 126,700 and 140,000 barrels of fuel per day but receives about 50,000 barrels from the federal government, according to Acting Natural Resources Minister Kamal Mohammed. More than 2.709 million vehicles are registered across the region, adding further pressure on subsidized fuel supplies.

Read more: Fuel shortages paralyze Erbil gasoline stations

https://www.shafaq.com/en/Economy/Shortages-and-low-quality-fuel-drive-restrictions-in-Iraq-s-Nineveh

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 8-6-26

Good Afternoon Dinar Recaps,

Oil, Inflation, and Interest Rates Collide: Markets Reprice as the Federal Reserve Faces a New Inflation Test

Rising energy prices, conflicting Federal Reserve signals, and higher Treasury yields are forcing investors to reassess the outlook for inflation, interest rates, and the broader global economy.

Good Afternoon Dinar Recaps,

Oil, Inflation, and Interest Rates Collide: Markets Reprice as the Federal Reserve Faces a New Inflation Test

Rising energy prices, conflicting Federal Reserve signals, and higher Treasury yields are forcing investors to reassess the outlook for inflation, interest rates, and the broader global economy.

Overview

  • Renewed concerns over the Strait of Hormuz pushed oil prices higher, increasing fears that energy-driven inflation could remain elevated.

  • Federal Reserve officials delivered mixed messages, with some urging patience while others warned additional rate hikes may become necessary if inflation accelerates.

  • Markets are increasingly recognizing how geopolitical events, energy prices, and monetary policy are becoming tightly linked across the global financial system.

Key Developments

1. Oil Prices Rise as Hormuz Risks Return

Oil markets rallied after renewed geopolitical tensions raised concerns about shipping through the Strait of Hormuz, one of the world's most important energy corridors.

Reports that Iran is considering additional restrictions affecting U.S. and Israeli shipping have renewed concerns about global crude supplies. Even the possibility of disruptions has increased energy market volatility, reminding investors how sensitive inflation remains to geopolitical developments.

2. Federal Reserve Officials Send Mixed Signals

Federal Reserve policymakers are no longer speaking with one voice.

Neel Kashkari has argued that persistent inflation and higher energy costs may eventually require additional interest rate increases, while San Francisco Fed President Mary Daly said the July decision to leave rates unchanged was appropriate until more economic data become available. Daly emphasized that policymakers need to distinguish between temporary supply shocks and sustained inflation before making further policy changes.

3. Treasury Markets Reprice Inflation Risk

Treasury yields have remained elevated as investors reassess the possibility that interest rates could stay higher for longer.

Bond markets are increasingly responding to both inflation expectations and geopolitical uncertainty. Higher yields reflect growing caution that persistent inflation could delay any future easing of monetary policy while increasing borrowing costs throughout the economy.

4. Markets Await Critical Economic Data

Attention now turns to upcoming employment and inflation reports, which could significantly influence the Federal Reserve's next policy decision.

Investors are watching whether inflation continues moderating or whether higher energy prices begin feeding into broader consumer prices. The interaction between economic data and geopolitical developments will likely determine market direction over the coming weeks.

Why It Matters

Today's market movements illustrate how quickly geopolitical events can ripple through the global financial system. Rising oil prices increase inflation risks, which can influence central bank policy, Treasury yields, equity valuations, and borrowing costs across the economy.

As markets evaluate whether current inflation pressures are temporary or more persistent, the Federal Reserve faces the difficult challenge of balancing price stability with continued economic growth.

Why It Matters to Foreign Currency Holders

  • Higher interest rates can strengthen the U.S. dollar relative to many foreigncurrencies.

  • Persistent inflation affects purchasing power and exchange rate expectations.

  • Higher Treasury yields influence global capital flows as investors seek attractive returns.

  • Energy market volatility can create additional pressure on commodity-linked and emerging-market currencies.

Implications for the Global Reset

  • Pillar: Debt

Higher Treasury yields increase borrowing costs for governments, businesses, and consumers. As interest expenses rise, managing sovereign debt becomes increasingly challenging, reinforcing why bond markets remain one of the most important indicators of long-term financial stability.

  • Pillar: Energy

Energy prices continue serving as a critical transmission mechanism between geopolitics and the global economy. Developments surrounding the Strait of Hormuz directly influence inflation expectations, monetary policy, and overall economic confidence.

Conclusion

Markets are increasingly recognizing that today's financial environment is being shaped by the interaction of energy security, inflation, and central bank policy rather than any single economic indicator.

Whether inflation moderates or accelerates will depend not only on domestic economic data but also on developments in the Middle East and global energy markets.

This is not simply about oil prices or interest rates—it reflects how geopolitical risk, energy security, and monetary policy have become deeply interconnected drivers of the evolving global financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

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

Read More
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They Changed the Rules in 2008 and 2020, it’s Happening again

They Changed the Rules in 2008 and 2020, it’s Happening again

Taylor Kenny and Keely Caul:  8-6-2026

Governments have changed the rules before and history suggests they will do it again.

In this conversation, Taylor Kenney sits down with ITM Trading Senior Analyst Keely Caul to explore what happens during a monetary reset, why financial rules often change during times of crisis, and how those changes can affect far more than the cash in your wallet.

They Changed the Rules in 2008 and 2020, it’s Happening again

Taylor Kenny and Keely Caul:  8-6-2026

Governments have changed the rules before and history suggests they will do it again.

In this conversation, Taylor Kenney sits down with ITM Trading Senior Analyst Keely Caul to explore what happens during a monetary reset, why financial rules often change during times of crisis, and how those changes can affect far more than the cash in your wallet.

From mortgages and retirement accounts to property taxes, banking access, and home ownership, they break down the risks most people never think about until it's too late.

In an era of unprecedented economic shifts, the term “monetary reset” has moved from the fringes of financial theory into the heart of mainstream economic discussion.

As global markets fluctuate and traditional currencies face new pressures, understanding the nature of ownership and the stability of your assets is more critical than ever. A recent deep-dive discussion by ITM Trading explores these complex themes, offering a roadmap for individuals looking to safeguard their financial future against systemic volatility.

At the core of the current economic transition is the steady erosion of purchasing power. For decades, many have relied on the relative stability of the US dollar, yet inflationary pressures and expanded monetary policies have begun to diminish what a dollar can actually buy.

This trend forces a reexamination of what it truly means to “own” an asset. In today’s digital-first economy, the majority of wealth is held in “paper” or digital forms—bank entries, brokerage accounts, and contractual agreements.

However, as the ITM Trading discussion highlights, these assets carry significant counterparty risk. This is the danger that the institution or government on the other side of your investment may not be able to fulfill its obligations during a crisis. When you hold a stock or a bank deposit, you are essentially a creditor to that institution. In a severe monetary reset, those digital claims can be frozen, devalued, or subject to government intervention, leaving “owners” with far less than they anticipated.

One of the most significant macro-economic trends discussed is “de-dollarization.” For nearly a century, the US dollar has served as the world’s primary reserve currency, providing the United States with unique economic leverage. Today, however, many nations are seeking to diversify their reserves and move away from dollar-dependent trade.

This shift has profound implications for domestic personal finance. As the global demand for the dollar decreases, its value may face downward pressure, further impacting the cost of living and the real value of traditional savings. For investors, this highlights the necessity of looking beyond domestic currency-denominated assets and considering a more global, diversified approach to wealth preservation.

The conversation underscores a vital distinction: the difference between financial assets and physical assets. Financial assets, such as mortgages and stock market holdings, are intrinsically tied to the health of the financial system. They are subject to market contractions and regulatory changes. In contrast, physical precious metals like gold and silver have historically served as the ultimate hedge against instability.

Gold and silver are unique because they carry no counterparty risk; they are private property that exists outside the conventional banking system. During periods of currency devaluation, these metals have historically maintained their value, acting as a “monetary insurance policy.”

While a portfolio of stocks might fluctuate based on corporate performance or government policy, physical assets provide a tangible foundation of value that is not easily manipulated by legislative changes.

The speakers point to historical precedents to illustrate the vulnerability of “responsible” financial planning during a reset. In the 1980s, Argentina experienced a crisis that saw the government freeze bank accounts and forcibly convert dollar savings into devalued local currency. Similarly, during the Great Depression in the United States, Executive Order 6102 effectively required citizens to deliver their gold to the government.

These examples serve as a sobering reminder that even if an individual manages their finances perfectly, they are still subject to the “rules of the game” set by governing bodies. When a system becomes over-leveraged, history shows that governments may resort to drastic measures to rebalance the books, often at the expense of private savers.

The path forward requires a shift in mindset from simple “growth” to “preservation and preparation.” Diversification should no longer be defined merely as owning different types of stocks, but as owning different classes of assets—specifically those that are physical and liquid.

By balancing a portfolio with physical precious metals, individuals can create a buffer against the potential contractions of the traditional financial market. This “defense” strategy ensures that even if the digital and paper systems face a reset, the individual retains a portion of their wealth in a form that is universally recognized and historically resilient.

The ongoing monetary reset is a complex, multi-faceted evolution of the global economy.

While the future remains uncertain, the principles of physical ownership and risk mitigation remain timeless. Understanding the difference between a “claim on wealth” and “actual wealth” is the first step toward achieving true financial security.

https://www.youtube.com/watch?v=IvbC5zo0wNg


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Seeds of Wisdom RV and Economics Updates Thursday Afternoon 8-6-26

Good Afternoon Dinar Recaps,

Oil, Inflation, and Interest Rates Collide: Markets Reprice as the Federal Reserve Faces a New Inflation Test

Rising energy prices, conflicting Federal Reserve signals, and higher Treasury yields are forcing investors to reassess the outlook for inflation, interest rates, and the broader global economy.

Good Afternoon Dinar Recaps,

Oil, Inflation, and Interest Rates Collide: Markets Reprice as the Federal Reserve Faces a New Inflation Test

Rising energy prices, conflicting Federal Reserve signals, and higher Treasury yields are forcing investors to reassess the outlook for inflation, interest rates, and the broader global economy.

Overview

  • Renewed concerns over the Strait of Hormuz pushed oil prices higher, increasing fears that energy-driven inflation could remain elevated.

  • Federal Reserve officials delivered mixed messages, with some urging patience while others warned additional rate hikes may become necessary if inflation accelerates.

  • Markets are increasingly recognizing how geopolitical events, energy prices, and monetary policy are becoming tightly linked across the global financial system.

Key Developments

1. Oil Prices Rise as Hormuz Risks Return

Oil markets rallied after renewed geopolitical tensions raised concerns about shipping through the Strait of Hormuz, one of the world's most important energy corridors.

Reports that Iran is considering additional restrictions affecting U.S. and Israeli shipping have renewed concerns about global crude supplies. Even the possibility of disruptions has increased energy market volatility, reminding investors how sensitive inflation remains to geopolitical developments.

2. Federal Reserve Officials Send Mixed Signals

Federal Reserve policymakers are no longer speaking with one voice.

Neel Kashkari has argued that persistent inflation and higher energy costs may eventually require additional interest rate increases, while San Francisco Fed President Mary Daly said the July decision to leave rates unchanged was appropriate until more economic data become available. Daly emphasized that policymakers need to distinguish between temporary supply shocks and sustained inflation before making further policy changes.

3. Treasury Markets Reprice Inflation Risk

Treasury yields have remained elevated as investors reassess the possibility that interest rates could stay higher for longer.

Bond markets are increasingly responding to both inflation expectations and geopolitical uncertainty. Higher yields reflect growing caution that persistent inflation could delay any future easing of monetary policy while increasing borrowing costs throughout the economy.

4. Markets Await Critical Economic Data

Attention now turns to upcoming employment and inflation reports, which could significantly influence the Federal Reserve's next policy decision.

Investors are watching whether inflation continues moderating or whether higher energy prices begin feeding into broader consumer prices. The interaction between economic data and geopolitical developments will likely determine market direction over the coming weeks.

Why It Matters

Today's market movements illustrate how quickly geopolitical events can ripple through the global financial system. Rising oil prices increase inflation risks, which can influence central bank policy, Treasury yields, equity valuations, and borrowing costs across the economy.

As markets evaluate whether current inflation pressures are temporary or more persistent, the Federal Reserve faces the difficult challenge of balancing price stability with continued economic growth.

Why It Matters to Foreign Currency Holders

  • Higher interest rates can strengthen the U.S. dollar relative to many foreign currencies.

  • Persistent inflation affects purchasing power and exchange rate expectations.

  • Higher Treasury yields influence global capital flows as investors seek attractive returns.

  • Energy market volatility can create additional pressure on commodity-linked and emerging-market currencies.

Implications for the Global Reset

  • Pillar: Debt

Higher Treasury yields increase borrowing costs for governments, businesses, and consumers. As interest expenses rise, managing sovereign debt becomes increasingly challenging, reinforcing why bond markets remain one of the most important indicators of long-term financial stability.

  • Pillar: Energy

Energy prices continue serving as a critical transmission mechanism between geopolitics and the global economy. Developments surrounding the Strait of Hormuz directly influence inflation expectations, monetary policy, and overall economic confidence.

Conclusion

Markets are increasingly recognizing that today's financial environment is being shaped by the interaction of energy security, inflation, and central bank policy rather than any single economic indicator.

Whether inflation moderates or accelerates will depend not only on domestic economic data but also on developments in the Middle East and global energy markets.

This is not simply about oil prices or interest rates—it reflects how geopolitical risk, energy security, and monetary policy have become deeply interconnected drivers of the evolving global financial system.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

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

Read More
Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Thursday Afternoon 8-6-26

Slemani Market Spokesperson Jabar Goran Predicts Iraqi Dinar Strengthening

@Channel8English   Slemani Market Spokesperson Jabar Goran Predicts Iraqi Dinar Strengthening Speaking to Channel8, Jabar Goran, spokesperson for the Slemani currency market, stated that the Iraqi dinar could strengthen against the US dollar if political conditions in Iraq stabilize and tension surrounding vital trade routes, such as the Strait of Hormuz, eases.

Slemani Market Spokesperson Jabar Goran Predicts Iraqi Dinar Strengthening

@Channel8English   Slemani Market Spokesperson Jabar Goran Predicts Iraqi Dinar Strengthening Speaking to Channel8, Jabar Goran, spokesperson for the Slemani currency market, stated that the Iraqi dinar could strengthen against the US dollar if political conditions in Iraq stabilize and tension surrounding vital trade routes, such as the Strait of Hormuz, eases.

Key Highlights: Economic Impact: Political stability in Iraq and uninterrupted maritime trade are crucial drivers for strengthening the local currency.

Exchange Rate Outlook: Goran anticipates that the US dollar exchange rate could decline to between 142,000 and 147,000 IQD per $100, reflecting a stronger position for the dinar.

8:23 AM · Aug 6, 2026   https://x.com/Channel8English/status/2085355965499515380

Prominent Officials And Mps Disappear From The Scene As New Lists Of Accused Circulate…  Al-Mada: The “Dawn” Campaign Has Lost Some Of Its Momentum

latest newsThursday,August 6, 2026Baghdad - One News - Al-Mada newspaper, quoting political sources, revealed that the “Dawn” anti-corruption campaign has not stopped, despite the decline in its media momentum during the past period, stressing that it has entered a more complicated stage due to parliamentary immunity, political balances and weapons files, amid expectations of restoring its activity after September 30.  

According to the newspaper, more than one hundred MPs have been avoiding attending House of Representatives sessions since the start of the campaign, while a number of officials and prominent MPs have disappeared from the scene, coinciding with the circulation of new lists containing the names of those accused of corruption cases.  

The newspaper quoted its sources as saying that the campaign has not ended, but has lost some of its momentum as a result of overlapping government priorities, foremost among them the security files, the arms control and the financial crisis, expecting it to return strongly after these files are completed.  

For his part, political researcher Basil Hussein told Al-Mada that the campaign faced political and armed resistance, and that its approach to influential figures (such as Maliki) raised its political cost, noting that the multitude of challenges facing the government contributed to the decline in its momentum during the current stage.   

The newspaper added, quoting political sources, that there were unwritten understandings that kept former prime ministers and a number of figures who founded the political process out of the circle of prosecution, while practical measures were limited to a small number of files, most notably within the Ministry of Oil, and included the two undersecretaries of the ministry, Adnan al-Jumaili and Ali Ma’araj.  

Al-Mada indicated that the funds recovered so far are estimated at about 250 billion dinars, compared to estimates that speak of the existence of about 200 billion dollars of funds related to corruption cases.  

For his part, political analyst Ghaleb al-Da'mi told the newspaper that the return of the House of Representatives to session and the end of the legislative recess made the procedures for lifting immunity more difficult, which led to a temporary lull in the campaign, without meaning that it had stopped.    Source: Al-Mada Newspaper

https://1news-iq.net/مسؤولون-ونواب-بارزون-يغيبون-عن-المشهد/

An Economist Says Iraq Has Entered A Phase Of "Paying The Price" As A Result Of Accumulated Mismanagement And Corruption - Urgent

  Baghdad Today - Baghdad    Economic expert Ziad Al-Hashemi said on Tuesday (August 4, 2026) that Iraq has entered a phase of "paying the price" for what he described as the accumulation of failures, corruption and mismanagement over more than twenty years, considering that the current crisis is the result of the policies of successive governments, in addition to the responsibility of political parties, parliament and oversight institutions.

Al-Hashemi said, in a statement followed by “Baghdad Today”, that financial and administrative losses and failures have accumulated during the past years without real treatment, accusing political forces of being preoccupied with “dividing the spoils”, while the regulatory and legislative bodies were unable or negligent in performing their role in accountability and reform.

He added that, in his view, the responsibility is not limited to governments, but extends to the parliament that approved large budgets, the political forces that dealt with the state according to the logic of power-sharing, as well as regulatory institutions, elites, media and the public, some of whom he said contributed, to varying degrees, to the continuation of the existing approach.

Al-Hashemi pointed out that Iraq is not facing a temporary liquidity crisis, but rather is going through the repercussions of what he described as an economic and political system that relied on quotas, corruption and buying loyalties, considering that the reform opportunities that were available during the years of financial abundance were not invested in building a diversified economy that is more capable of facing crises.

He warned that continuing to address the crisis through borrowing or postponing payments, without implementing structural reforms, could prolong the economic challenges, stressing that the cost of this would be borne by the citizens.

Economic and political experts offer differing views on the causes of the crisis and ways to address it, amid repeated calls for the implementation of financial and economic reforms, diversification of income sources, and a reduction in dependence on oil.  https://baghdadtoday.news/304321-.html

Iraqi Parliament Calls Emergency Session Over Fiscal Crisis

Shanya Salar

At a Glance

  • 148 MPs back emergency session

  • Finance minister to brief lawmakers

  • Oil revenue trails monthly spending needs

  • Salary funding among top priorities

The Iraqi Council of Representatives will hold an extraordinary session on Saturday to address the country's worsening fiscal crisis and delayed public sector salaries, as lawmakers seek urgent measures to close a widening budget gap.

Key Statements and Focus Area

  • Iraq's monthly oil revenue has fallen to 2.5 trillion IQD, while monthly obligations are estimated at 10 trillion IQD.

  • Lawmakers will discuss emergency fiscal measures, including alternative revenue sources and possible borrowing legislation.

  • The session will focus on securing public sector salaries and maintaining essential government operations.

According to information obtained by Channel8, the Iraqi Council of Representatives will convene an extraordinary session on Saturday to discuss the country's growing financial challenges and delays in paying public sector salaries.

The session comes as declining oil revenues have significantly reduced government income, increasing pressure on the federal budget and prompting lawmakers to consider urgent legislative solutions.

A total of 148 members of parliament signed a formal request for the emergency session, arguing that the country's financial situation requires immediate legislative intervention.

Finance Minister Faleh al-Sari is expected to attend the session after requesting an opportunity to present the latest figures on Iraq's fiscal position and explain the government's financial outlook.

Lawmakers are expected to discuss a broader emergency fiscal strategy aimed at strengthening state revenues, maintaining market confidence, and ensuring the continuity of government spending.

Parliament is expected to examine a range of legislative options, including temporary fiscal measures, new borrowing authorizations, and proposals to reduce public spending in an effort to address the budget shortfall.

The primary objective is to secure funding for public sector salaries and other essential government obligations while addressing the widening gap between revenues and expenditures.

Iraq continues to rely on crude oil exports for more than 90% of federal revenues, leaving public finances highly exposed to fluctuations in global oil prices.

According to the figures obtained by Channel8, monthly oil revenues have fallen to approximately 2.5 trillion Iraqi dinars, while the government requires an estimated 10 trillion dinars each month to finance salaries and essential ministry operations.

The widening gap has increased pressure on the state budget and raised concerns over the government's ability to meet its financial commitments without additional policy measures.

FYI

Iraq's federal budget remains heavily dependent on oil exports, making government revenues vulnerable to movements in global energy markets. In recent months, lower oil prices have reduced monthly income while expenditure commitments have remained largely unchanged. Iraqi authorities have increasingly explored measures such as expenditure rationalization, non-oil revenue generation, and additional financing mechanisms to maintain salary payments and essential public services.    https://channel8.com/english/news/63092

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Thursday Iraq News Posted by Tishwash at TNT 8-6-2026

TNT:

Tishwash:  Iraq and the World Bank launch steps to modernize public financial management

The Ministry of Finance, in cooperation with the World Bank, began on Wednesday implementing the requirements for preparing the roadmap for digital transformation and modernizing public financial management, within the framework of the government's program for financial and administrative reform.

The ministry stated in a statement received by Kalima News: that the Undersecretary of the Ministry of Finance, Ali Karim, held a meeting with a World Bank delegation headed by Emmanuel Salinas, in the presence of the Directors General of the Public Debt, Budget and Accounting Departments, and members of the National Digital Transformation Team.

TNT:

Tishwash:  Iraq and the World Bank launch steps to modernize public financial management

The Ministry of Finance, in cooperation with the World Bank, began on Wednesday implementing the requirements for preparing the roadmap for digital transformation and modernizing public financial management, within the framework of the government's program for financial and administrative reform.

The ministry stated in a statement received by Kalima News: that the Undersecretary of the Ministry of Finance, Ali Karim, held a meeting with a World Bank delegation headed by Emmanuel Salinas, in the presence of the Directors General of the Public Debt, Budget and Accounting Departments, and members of the National Digital Transformation Team.

She added that the meeting witnessed the commencement of preparing the executive roadmap for digital transformation in the ministry, through the adoption of an integrated methodology to assess the institutional reality, identify priorities and roles, set timetables and performance indicators, in accordance with best international practices.

The Undersecretary stressed that digital transformation is one of the main pillars of financial and administrative reform, as it provides an enhancement of governance and transparency and raises the efficiency of public financial management.

For its part, the World Bank delegation renewed its commitment to continue providing technical and advisory support and transferring international expertise, which contributes to the implementation of the government program and the development of the financial management system in Iraq.   link

Tishwash: Al-Zaydi's advisor: The Central Bank's reserves have decreased from $106 billion to $80 billion.

The Prime Minister’s financial advisor, Mazhar Saleh, revealed that the Central Bank of Iraq’s reserves have decreased from about $106 billion to about $80 billion, stressing that this level still represents an indicator of financial stability .

Saleh said in a televised interview followed by Al-Sa’a Network that “the Central Bank’s reserves reached about $106 billion at one point, before gradually decreasing to about $80 billion .”

He added that "the current reserve is still within safe levels and is an indicator of monetary stability, as the central bank continues to secure the needs of the economy and meet its obligations ."

He noted that "inflation remains at low levels, estimated at around 4.5%, which reflects continued economic stability and the absence of significant inflationary pressures ."

Saleh stressed that "what is important for the Central Bank is to maintain monetary stability and ensure the financing of the needs of the state and the economy, even with the presence of internal debt or a relative decline in the size of reserves  link

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

Tishwash:  A government advisor reveals the fate of next month's salaries.

The Prime Minister’s financial advisor, Mazhar Saleh, revealed the outlines of the government’s approach to the salary crisis in the coming period, suggesting that the government will likely delay the disbursement of salaries as a temporary measure to address the liquidity crisis .

Saleh said in a televised interview followed by Al-Sa’a Network that “the government may rely on investing time by delaying the payment of salaries, in order to provide an opportunity to collect the necessary cash flows to cover expenses .”

He explained that "this measure represents a temporary solution and not a permanent one," stressing that "it cannot continue for a long period in light of the ongoing financial crisis and declining revenues ."

He noted that "the coming months will remain difficult if the oil revenue crisis continues," pointing to "a financial gap that necessitates the search for urgent financing solutions ."

Saleh added that "one of the options being considered is external borrowing," explaining that "the current Financial Management Law does not allow borrowing to cover the budget deficit in the current form, which would require new legislation if this option is adopted  link

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

Tishwash:  The Central Bank Governor discusses regulating digital payments with the head of the Media and Communications Commission.

The Governor of the Central Bank of Iraq, Mr. Nizar Nasser Hussein, met with the Head of the Executive Authority of the Media and Communications Commission, Mr. Baligh Abu Kalal, to discuss mechanisms for enhancing joint cooperation in regulating digital payment services and developing the legislative and regulatory environment for the digital economy in Iraq.

The meeting addressed mechanisms for regulating the operation of digital applications and electronic payment platforms to ensure their compliance with applicable Iraqi laws and regulations, and to strengthen the regulatory environment that guarantees the protection of users' rights and reinforces the principles of transparency and legal compliance.

The two sides also discussed ways to enhance cooperation in combating money laundering and the financing of terrorism by developing coordination mechanisms between the two institutions, in line with national and international standards, and to maintain the integrity of the financial and digital system in Iraq.

The meeting also addressed the reactivation of financial transactions through the TikTok application and mechanisms for regulating payments to influencers and content creators to ensure their compliance with the legal, tax, and financial frameworks adopted in Iraq, and to safeguard the rights of all parties.

In another area of ​​discussion, the two sides addressed mechanisms for attracting and licensing global digital companies and platforms, including Apple, Google, Meta (owner of Facebook and Instagram), and other international firms, to operate legally within Iraq. This includes regulating payment processes and the digital services they offer, thereby enhancing confidence in the investment environment and the national digital economy.

They also discussed the memorandum of understanding to be signed between the Central Bank of Iraq and the Communications and Media Commission, aiming to establish an institutional framework for cooperation on shared issues, particularly the regulation of digital payments, financial technologies, and electronic services. This will contribute to supporting digital transformation and strengthening integration among state institutions.

Baghdad - Media Office   link

Tishwash:  In its regular meeting hosted by President Al-Zaydi, the State Administration declared that those carrying weapons outside the framework of the state will be treated as outlaws.

 On Wednesday evening, August 5, 2026, Prime Minister Ali Faleh al-Zaidi hosted the thirty-seventh periodic meeting of the State Administration Coalition, in the presence of the President of the Republic, the Speaker of Parliament, the President of the Supreme Judicial Council, the President of the Kurdistan Region of Iraq, and the leaders of the coalition from the Iraqi national forces, where the overall political, security, economic and service conditions in the country were discussed, as well as regional developments and their repercussions on Iraq.

At the start of the meeting, the Prime Minister reviewed the efforts to enhance security and stability, improve services, implement the ministerial program, and address economic and financial challenges, stressing that the government places the protection of citizens’ interests at the forefront of its priorities.

The State Administration Coalition affirmed its support for continuing efforts to maintain security and stability, and efforts aimed at restricting weapons to the state in accordance with the ministerial program voted on by the House of Representatives, which became an effective law, and preventing the use of Iraqi lands as a launching pad for attacks on neighboring countries or dragging Iraq into conflicts that do not serve the interests of its people.

The coalition considered that whoever engages in this behavior is committing a crime of threatening the security of the country, and will be among the outlaws who must be fought, in accordance with the articles of the constitution that prohibit the use of weapons outside the will of the state, or the formation of any armed organization outside the official armed forces.

While the attendees condemned the attacks on Iraqi armed forces units and the martyrdom of a number of its members, they called for adherence to the timelines for the steps to restrict weapons after September 30, 2026, after which any armed behavior outside the framework of the state will be dealt with according to the anti-terrorism law.

The meeting also discussed the economic and financial situation, and the need to take measures to ensure the continuity of basic services and projects, diversify oil export outlets, enhance non-oil revenues, and combat waste, smuggling, and corruption.

On the regional level, the meeting affirmed Iraq’s support for efforts to promote calm and dialogue in the region, its rejection of the use of force in settling disputes, and its readiness to play a positive role in bringing together the viewpoints of the conflicting parties, in a way that contributes to preserving regional security and protecting common interests.

The participants also discussed developments in neighboring countries, and stressed the importance of strengthening border security, combating terrorism, drugs and organized crime, and developing Iraq’s relations with neighboring, regional and international countries on the basis of mutual interests, respect for sovereignty and non-interference in internal affairs.

At the conclusion of the meeting, the coalition called for expediting the formation of the government and sending the government program to the House of Representatives for discussion and approval.  link




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Iraq Economic News and Points To Ponder Thursday Morning 8-6-26

Trade Grows At Iraq's Trebil And Al-Waleed Crossings

2026-08-05 Shafaq News- Al-Anbar  Commercial traffic through two of Iraq's western border crossings has increased, driven by improved security along the trade routes, the commissioner of Al-Rutba district in western Al-Anbar province said Tuesday.

Imad Al-Rishawi told Shafaq News that about 1,000 tankers depart daily through the Trebil crossing with Jordan and the Al-Waleed crossing with Syria, with a similar number of empty tankers entering.

Trade Grows At Iraq's Trebil And Al-Waleed Crossings

2026-08-05 Shafaq News- Al-Anbar  Commercial traffic through two of Iraq's western border crossings has increased, driven by improved security along the trade routes, the commissioner of Al-Rutba district in western Al-Anbar province said Tuesday.

Imad Al-Rishawi told Shafaq News that about 1,000 tankers depart daily through the Trebil crossing with Jordan and the Al-Waleed crossing with Syria, with a similar number of empty tankers entering.

Al-Rishawi, commissioner of Al-Rutba, a district in the western Al-Anbar province bordering both Jordan and Syria, said the movement reflects growing commercial transport between Iraq and neighboring states. He attributed the increase to security stability that has eased the flow of cross-border exchange. The two crossings still require infrastructure rehabilitation to match current traffic volumes.

Separately, a source told Shafaq News that about 1,000 Iraqi trucks are stranded in the Aqaba area of Jordan because storage tanks there are full. About 1,800 tanker drivers have waited 18 days to unload cargoes of crude oil.

https://www.shafaq.com/en/Economy/Trade-grows-at-Iraq-s-Trebil-and-Al-Waleed-crossings

Oil Prices Drop On Iran-Oman Shipping Talks Progress

2026-08-06 Shafaq News   Oil prices trended lower on Thursday on the progress in Iran-Oman talks, with investors cautiously waiting for signs of a U.S.-Iran peace deal and progress on reopening the Strait of Hormuz.

Brent crude futures fell 33 cents, or 0.42%, to $79.12 a barrel by 0418 GMT. U.S. West Texas Intermediate futures declined 42 cents, or 0.56%, to $74.80 a barrel. Brent settled up slightly on Wednesday, while WTI edged lower.

Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties did not interfere, Iran's Foreign Ministry ⁠spokesperson Esmaeil Baghaei said on Wednesday.

"Some selling pressure emerged following reports that talks between Iran and Oman are making progress," said Yuki Takashima, economist at Nomura Securities.

Prices have returned to the levels seen when the United States and Iran signed an interim peace agreement on June 17, with investors closely watching whether the two sides can reach a final deal, he added.

A proposed deal between Iran and Oman to help end the U.S.-Iran conflict would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, one of the biggest concessions yet to Iran.

There was no immediate U.S. comment on the proposal. While President Donald Trump has said a deal reopening the strait is imminent, U.S. officials have repeatedly insisted they ⁠would never agree to Iran controlling access to one of the world's most important trade route for energy supplies.

Iran has warned Gulf states that any new U.S. attack on its territory would trigger retaliation against critical energy infrastructure across the region, according to five sources, as Tehran seeks to raise the cost of military action by threatening Washington's closest regional allies.

"The real hinge point now becomes the trajectory of U.S.–Iran discussions, because meaningful progress ⁠there is essential before disrupted energy flows can realistically resume," ING analysts said in a note on Thursday.

Gulf countries' crude oil and condensate exports were largely steady in July and remained about 40% below pre-war levels, shipping data showed.

Meanwhile, Yemen's Iran-aligned Houthis said on Wednesday they had launched a missile attack on ⁠a Saudi oil tanker off the coast of the kingdom's Red Sea port city of Yanbu and another missile attack on a Saudi oil tanker in the Gulf of Aden. There was no confirmation from Saudi Arabia on either incident.

Takashima said concerns that ⁠Houthi attacks could hit Red Sea shipping were limiting optimism about the outlook for an end to shipping disruptions in the Middle East.  (REUTERS)

https://www.shafaq.com/en/Economy/Oil-prices-drop-on-Iran-Oman-shipping-talks-progress

Basrah Crudes Retreat Alongside Global Decline

2026-08-06 Shafaq News- Basrah   Iraq’s Basrah crude prices fell by less than 2% on Thursday, tracking a broader decline in major global oil benchmarks.

Basrah Heavy crude dropped to $52.42 per barrel, down 1.71%, while Basrah Medium crude slipped to $54.72 per barrel, a decline of 91 cents, or 1.64%.

Brent crude edged lower to $79.12 per barrel, losing 33 cents, or 0.42%. US West Texas Intermediate (WTI) crude also declined, falling 42 cents, or 0.56%, to $74.80 per barrel.

https://www.shafaq.com/en/Economy/Basrah-crudes-retreat-alongside-global-decline

USD/IQD Climbs In Baghdad, Erbil Trading

2026-08-06 Shafaq News- Baghdad/ Erbil   The US dollar opened Thursday’s trading higher in Iraq, hovering around 152,000 dinars per 100 dollars.

According to Shafaq News market survey, the dollar traded in Baghdad’s Al-Kifah and Al-Harithiya exchanges at 152,050 dinars per 100 dollars, up from the previous session’s 151,900 dinars.

In the Iraqi capital, exchange shops sold the dollar at 152,500 dinars and bought it at 151,500 dinars, while in Erbil, selling prices stood at 152,250 dinars and buying prices at 152,150 dinars.

https://www.shafaq.com/en/Economy/USD-IQD-climbs-higher-in-Baghdad-Erbil-trading

Gold Rallies In Baghdad And Erbil Markets

2026-08-06 Shafaq News- Baghdad/ Erbil    On Thursday, gold prices hovered around 900,000 IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.

Gold prices on Baghdad’s Al-Nahr Street recorded a selling price of 920,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 916,000 IQD. The same gold had sold for 897,000 IQD on Wednesday.

The selling price for 21-carat Iraqi gold stood at 890,000 IQD, while the buying price reached 886,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 920,000 and 930,000 IQD, while Iraqi gold sold for between 890,000 and 900,000 IQD.

In Erbil, 22-carat gold was sold at 956,000 IQD per mithqal, 21-carat gold at 914,000 IQD, and 18-carat gold at 783,000 IQD.

https://www.shafaq.com/en/Economy/Gold-rallies-in-Baghdad-and-Erbil-markets

CBI June Dollar Sales Rise 15%

2026-08-06 Shafaq News- Baghdad   The Central Bank of Iraq's (CBI) foreign currency sales rose 15% to $5.857 billion in June from $5.092 billion in May, driven by higher funding of Iraqi banks' overseas accounts, according to official data.

The increase was largely attributed to funding provided to Iraqi banks' accounts abroad outside CBI's former foreign currency sales window, which climbed to $5.538 billion in June from $4.941 billion in May, up 12.1%.

Cash dollar sales more than doubled during the month, rising to $319 million from $151 million in May.

Transfers to banks' overseas accounts remained the central bank's primary channel for supplying US dollars to the domestic market. No sales were recorded through bank transfers, letters of credit, or international settlement operations during June.

In the first six months of 2026, CBI's total foreign currency sales reached $25.91 billion, including $24.74 billion allocated to funding banks' overseas accounts and $1.17 billion in cash sales.  

https://www.shafaq.com/en/Economy/CBI-June-dollar-sales-rise-15

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Seeds of Wisdom RV and Economics Updates Thursday Morning 8-6-26

Good Morning Dinar Recaps,

China Expands Yuan Finance: Central Bank Push Signals New Phase in Global Financial Realignment

China's central bank is accelerating financial reforms, supporting local government debt restructuring, and expanding yuan-based international finance as BRICS cooperation gains momentum.

Good Morning Dinar Recaps,

China Expands Yuan Finance: Central Bank Push Signals New Phase in Global Financial Realignment

China's central bank is accelerating financial reforms, supporting local government debt restructuring, and expanding yuan-based international finance as BRICS cooperation gains momentum.

Overview

  • China's central bank pledged to maintain accommodative monetary policy while expanding international use of the yuan through cross-border finance and panda bonds.

  • Officials also reaffirmed support for resolving local government debt risks,highlighting debt stability as a national priority.

  • As India advances the 2026 BRICS agenda, these developments reinforce the gradual evolution toward a more multipolar global financial system.

Key Developments

1. China Signals Continued Monetary Support

The People's Bank of China (PBOC) announced it will maintain an appropriately accommodative monetary policy while ensuring ample liquidity across the financial system.

Officials emphasized flexibility in using monetary tools as economic conditions evolve during the second half of 2026.

2. Debt Restructuring Remains a Major Priority

China reaffirmed its commitment to supporting the restructuring of local government financing vehicle debt, an issue that has weighed on financial markets for several years.

Reducing debt risks remains central to maintaining confidence in China's financial system while supporting long-term economic stability.

3. Yuan Internationalization Continues

The PBOC pledged additional support for:

  • Yuan-denominated "Panda Bonds"

  • Cross-border financing

  • Shanghai's international financial role

  • Hong Kong's position as a leading offshore yuan center

These initiatives continue China's long-term effort to expand international use of its currency.

4. BRICS Financial Cooperation Advances

India's BRICS presidency continues building toward the September BRICS Summit, with ministerial meetings focusing on financial cooperation, trade, and development initiatives.

Although today's meetings do not introduce a new payment system, they demonstrate continued coordination among BRICS members on long-term economic priorities.

Why It Matters

The combination of debt management, central bank policy, and expanded yuan financing illustrates how major economies are adapting to a changing global financial landscape.

Rather than replacing the existing financial system overnight, countries are gradually building additional channels for trade, lending, and investment that increase financial resilience and diversify international capital flows.

Why It Matters to Foreign Currency Holders

  • Debt stability influences long-term confidence in major economies.

  • Growing international use of the yuan could gradually affect global currency demand.

  • Expanded cross-border financing supports diversification within international markets.

  • Central bank policies continue shaping interest rates, capital flows, and exchange rate dynamics.

Implications for the Global Reset

  • Pillar: Debt

China's continued focus on resolving local government debt underscores how sovereign debt management remains one of the defining financial challenges facing major economies. Stable debt markets support confidence in both domestic and international financial systems.

  • Pillar: Trade

Expanding yuan-based financing and strengthening cross-border financial infrastructure support the gradual diversification of international trade settlement. These efforts complement broader BRICS initiatives aimed at increasing financial cooperation among emerging economies.

Conclusion

China's latest policy announcements demonstrate that the evolution of the global financial system is occurring through incremental structural reforms rather than sudden transformation.

By combining debt stabilization, monetary flexibility, and expanded international financial infrastructure, policymakers continue laying the groundwork for a more diversified global financial architecture.

This is not simply about China's monetary policy—it reflects the broader evolution of global finance as major economies expand alternative channels for trade, lending, and international capital flows.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

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

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


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

That is not your failure.

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

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

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

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

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

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

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“We’ve Already Crossed the Point of No Return’ – Bill Holter’s Financial Warning

“We’ve Already Crossed the Point of No Return’ – Bill Holter’s Financial Warning

Miles Franklin Media:  8-4-2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with precious metals expert and broker Bill Holter, aka “Mr. Gold,” for a deeply personal and urgent discussion about the debt-based financial system.

Holter explains why he believes the mathematics of debt have already pushed the system beyond the point of no return and why a credit contraction could spread frighteningly fast from financial markets into the real economy.

“We’ve Already Crossed the Point of No Return’ – Bill Holter’s Financial Warning

Miles Franklin Media:  8-4-2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, sits down with precious metals expert and broker Bill Holter, aka “Mr. Gold,” for a deeply personal and urgent discussion about the debt-based financial system.

Holter explains why he believes the mathematics of debt have already pushed the system beyond the point of no return and why a credit contraction could spread frighteningly fast from financial markets into the real economy.

They discuss rising interest rates, the unwinding yen carry trade, warning signs in private credit, deteriorating confidence in the U.S. Treasuries and the consequences for food, energy, utilities and everyday life.

Holter also explains why he considers physical gold and silver the only financial “life rafts.”

In this episode of Little by Little with Andy Schectman:

Why the global debt system must continually create more credit to survive

How a credit collapse could spread from Wall Street into food, energy and utilities

The unwinding yen carry trade and the danger of rising global interest rates

Warning signs emerging in private credit and leveraged financial markets

Why Bill believes the debt has crossed the mathematical point of no return

Gold and silver as real money in a world built on defaultable paper assets

Why a financial collapse could rapidly become a societal crisis

Practical steps families can take to prepare for a systemic disruption

Bill’s friendship with Jim Sinclair and the lessons he learned from “Mr. Gold”

00:00 Coming Up

01:15 Introduction

02:45 Friendship Stories

04:27 Who Was Jim Sinclair

11:05 Sinclair Lessons

15:47 Gold Confiscation Plan

26:18 Credit Is The Game

32:20 From Finance To Society

35:15 Yen Carry Trade Unwinds

36:23 Rates Up Dollar Down

37:15 Yen Carry Trade Unwinds

39:14 Fed Losing Yield Control

42:26 Private Credit Canary

47:48 Where To Ride It Out

50:25 Gold Silver Life Rafts

54:04 The Math Behind Collapse

59:17 Power Grid And Supplies

01:02:41 Legacy And Origin Story

https://www.youtube.com/watch?v=mLWi4nU9RC8




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