Iraq Economic News and Points To Ponder Sunday Afternoon 2-1-26

Dollar Drops In Baghdad And Erbil Markets

2026-02-01 Shafaq News– Baghdad/ Erbil  The US dollar closed Sunday’s trading lower in Iraq, hovering around 148,000 dinars per 100 dollars.  According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 148,350 dinars per 100 dollars, down from the opening session’s 149,400 dinars.

In the Iraqi capital, exchange shops sold the dollar at 148,750 dinars and bought it at 147,750 dinars, while in Erbil, selling prices stood at 148,050 dinars and buying prices at 147,850 dinars.

https://www.shafaq.com/en/Economy/Dollar-drops-in-Baghdad-and-Erbil-markets

Iraq Boosts Fuel Self-Sufficiency With Launch Of FCC Unit

2026-02-01   Shafaq News– Baghdad  Iraq is set to secure 4,200 cubic meters of high-octane gasoline for the domestic market after commissioning the Fluid Catalytic Cracking (FCC) unit at the South Refineries Company, the Ministry of Oil announced on Sunday.

According to a statement from the ministry, Hussam Hussein Wali, the director general of the company, noted that the unit entered final operation on January 31 as part of Iraq’s drive toward self-sufficiency in refined petroleum products.

Iraqi caretaker Prime Minister Mohammed Shia al-Sudani previously affirmed that Iraq targets exports of oil derivatives to global markets by 2030.

In November, Iraq formally halted fuel imports after achieving self-sufficiency in gasoline, diesel, and kerosene, under a directive by Al-Sudani. The order instructed the Oil Ministry to regulate domestic consumption and channel surplus production toward exports.

Iraq, OPEC’s second-largest producer, continues to rely heavily on imports due to challenges such as security threats, political instability, aging infrastructure, and resource depletion. Gas flaring and opaque contracts further complicate its energy sector, driving higher demand for refined oil products.

Read more: Why doesn't Iraq export petroleum derivatives?

https://www.shafaq.com/en/Economy/Iraq-boosts-fuel-self-sufficiency-with-launch-of-FCC-unit

Gold Prices Fall In Baghdad And Erbil Markets

2026-02-01 Shafaq News– Baghdad/ Erbil   On Sunday, gold prices hovered around one million IQD per mithqal in Baghdad and Erbil markets, marking a sharp decline from the previous session, according to a survey by Shafaq News Agency.

Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 996,000 IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 992,000 IQD. The same gold had sold for 1.040 million IQD on Saturday.

The selling price for 21-carat Iraqi gold stood at 966,000 IQD, while the buying price reached 962,000 IQD.

In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 995,000 and 1.005 million IQD, while Iraqi gold sold for between 965,000 and 975,000 IQD.

In Erbil, 22-carat gold was sold at 1.125 million IQD per mithqal, 21-carat gold at 1.075 million IQD, and 18-carat gold at 922,000 IQD.  https://www.shafaq.com/en/Economy/Gold-prices-fall-in-Baghdad-and-Erbil-markets-6-7

Iraqi Oil Exports To US Slide To 83,000 Bpd

2026-02-01   Shafaq News– Baghdad/ Washington   Crude oil exports from Iraq, OPEC’s second-largest producer, to the United States fell to 83,000 barrels per day (bpd) over the past week from 251,000 bpd a week earlier, according to data released Sunday by the US Energy Information Administration.

The EIA figures showed the decline amounted to 168,000 bpd week on week.

Overall, average US crude oil imports from ten major suppliers stood at 4.908 million bpd, down 677,000 bpd from 5.585 million bpd recorded the previous week.

Canada ranked as the largest crude supplier to the United States during the week, with average imports of 3.813 million bpd, followed by Saudi Arabia at 370,000 bpd, Mexico at 216,000 bpd, and Colombia at 128,000 bpd. US crude imports averaged 119,000 bpd from Ecuador, 94,000 bpd from Venezuela, 43,000 bpd from Brazil, 41,000 bpd from Nigeria, and 1,000 bpd from Libya.   Daily US oil consumption stands at around 20 million barrels, making it the world’s largest oil consumer.   https://www.shafaq.com/en/Economy/Iraqi-oil-exports-to-US-slide-to-83-000-bpd

Iraq Lowers Customs Import Value Estimates By 25%

2026-02-01 Shafaq News– Baghdad   Iraq’s General Authority of Customs at the Ministry of Finance approved on Sunday a 25% reduction on the average import values recorded in the ASYCUDA customs system.

According to the authority, the directive aims to strike a balance between maximizing state revenues and easing customs procedures at border points.

In January, the Iraqi government raised customs tariffs, setting rates between 5% and 30% across multiple brackets. The increases were applied to the full customs tariff schedule, which includes 99 chapters and around 16,400 internationally adopted tariff items.

Several Iraqi provinces, including the capital Baghdad, have witnessed angry protests against the government’s decision to impose new taxes and fees, as well as the enforcement of customs tariffs on imported goods.

Read more: Delayed reform or fiscal shock? Iraq’s tax measures test state capacity

https://www.shafaq.com/en/Economy/Iraq-lowers-customs-import-value-estimates-by-25

Iraq Continues To Suspend Its Oil Production Increases

Time: 2026/02/01 14:01:43 Readings: 165 times  {Economic: Al-Furat News} Reuters reported on Sunday that Iraq, as an active member of the OPEC+ alliance, will maintain its decision to suspend oil production increases for March 2026, in a move aimed at preserving the stability of global crude prices, amid Brent crude reaching about $71 a barrel, its highest level in six months.

The eight producing countries – Saudi Arabia, Russia, the United Arab Emirates, Kazakhstan, Kuwait, Iraq, Algeria and Oman – had raised production quotas by about 2.9 million barrels per day during the period from April to December 2025, before freezing any increases from January to March 2026 due to weak seasonal consumption.

Iraq produces a portion of roughly half of the global oil output covered by the OPEC+ alliance, giving it a significant role in market stability. The OPEC+ meeting is scheduled for Sunday at 1:30 PM GMT, while the Joint Ministerial Monitoring Committee will convene to review performance without the authority to make new production decisions.

Oil prices received additional support due to production disruptions in Kazakhstan, while the United States continues to monitor the Iranian situation, including oil sanctions on Tehran and potential military pressure options, amid readiness on both sides to enter into possible dialogue.   LINK

Why Gold & Silver Are Above Governments and Central Banks

Why Gold & Silver Are Above Governments and Central Banks

Lynette Zang:  1-31-2026

Gold and silver are finite, decentralized, and exist outside political systems and centralized control.

 As global debt rises and money printing accelerates, nations and institutions are quietly moving back to sound money.

Fiat currencies depend on confidence and always lose value over time and history proves it.

Chapters:

 00:00 Sound Money Is Above Governments and Central Banks

00:40 What “Sound Money” Really Means (Gold & Silver Explained)

 01:14 The Four Functions of Real Money

02:12 Why Every Portfolio Needs Sound Money

02:47 Gold and Silver Are Used Everywhere in the Global Economy

 03:40 Broad Demand vs Fiat’s One-Place Use Problem

04:19 Why Fiat Currencies Always Collapse

05:39 The Finite Supply of Gold and Silver

06:46 Inflation, Debt, and the Dollar Losing Value

 08:05 Rising Interest Rates and the Global Debt Trap

09:39 Why Central Banks Are Buying Gold

10:47 Taking Power Back With Sound Money

https://www.youtube.com/watch?v=l8L14IEVbrU

“Tidbits From TNT” Sunday 2-1-2026

TNT:

Tishwash:  Source: Al-Sudani, Al-Amiri, and Al-Mandalawi are visiting Erbil today, Sunday.

A high-level source in the Kurdistan Democratic Party revealed on Sunday (February 1, 2026) that there is intensive political activity to resolve the issue of the presidency, stressing adherence to the existing agreement with the Patriotic Union of Kurdistan and not going to break the understanding between the two parties.

The source told Baghdad Today in a special statement that “what has been agreed upon so far is not to cancel the existing agreement, and it is likely that tomorrow will witness a visit by Hadi al-Amiri, Prime Minister Mohammed Shia al-Sudani, and Acting Speaker of Parliament Mohsen al-Mandalawi to Erbil, to resolve the issue of the presidency with the Kurdistan Democratic Party, within the existing agreement with the Patriotic Union of Kurdistan.”

The source explained that "this visit is moving within the framework of coordination, which does not prefer that the Kurdish component bring two candidates, but rather one compromise candidate, in order to ensure ease in the appointment of the presidency and ease in completing the process of forming the next government," considering that "unifying the Kurdish position within the parliament will be a decisive factor in the session to elect the president and stabilize the political process in the next stage."

It is worth noting that the parliamentary session scheduled for today, Sunday (February 1, 2026), to elect the president of the republic is taking place amidst a clear political deadlock regarding the Kurdish issue.

This comes after weeks of dispute between the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) over the presidential candidate, with multiple names still being put forward within the Kurdish political sphere.

 Meanwhile, the Coordination Framework prefers to resolve the issue with a single consensus candidate to ensure the stability of the new government formation process. This complexity, coupled with the nomination of Nouri al-Maliki for prime minister and escalating regional and international pressure, has transformed the presidency from a largely ceremonial position into an additional political hurdle requiring a comprehensive settlement among Shia, Kurdish, and Sunni forces alike.  link

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Tishwash:  An economist reveals urgent solutions to address the financial crisis and secure employee salaries.

Economic expert Ahmed Al-Tamimi revealed today, Saturday (January 31, 2026), a number of urgent solutions required to confront the financial crisis that Iraq is going through, and to ensure the regular disbursement of employee salaries.

Al-Tamimi said in a press statement that “the current financial crisis, which has directly impacted the delay in releasing employee salaries, requires immediate government measures and real structural reforms to prevent it from worsening in the coming period.”

He explained that “the delay in salaries is not only due to the decline in cash liquidity, but is the result of accumulations that have continued for years, due to the almost complete dependence on oil revenues, in contrast to the weak diversification of income sources and the decline in non-oil revenues.”

He added that “continuing this approach will increase pressure on the general budget, unless action is taken quickly to rearrange spending priorities, control operating expenses, and secure employee salaries as a top priority to maintain social stability.”

Al-Tamimi pointed out that “among the urgent solutions is activating the tools of fiscal policy in coordination with the Central Bank, improving liquidity management in government banks, as well as accelerating the reform of the tax system and expanding the collection base, in a way that does not burden those with limited income.”

He stressed that “confronting the current crisis requires a clear political will to combat waste and financial corruption, enhance transparency in the management of public funds, and support productive sectors, especially industry and agriculture, to alleviate pressure on the public treasury and create sustainable financial resources.”

Al-Tamimi concluded his remarks by stressing that “any further delay in addressing the issues will exacerbate the repercussions of the crisis,” calling on the government to take swift and well-considered decisions that ensure the regular disbursement of salaries and restore confidence in the state’s financial situation.

The country is currently experiencing increasing financial pressures that have affected the salaries of employees in a number of government institutions, amid challenges related to declining liquidity and the general budget's heavy reliance on oil revenues.

These developments come at a time when calls are mounting for urgent financial and structural reforms to ensure economic stability and secure the state’s basic obligations, foremost among them employee salaries.  link

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Tishwash:  Explosions rocked several Iranian cities: What are the reasons? Authorities explain 

Iranian authorities announced that the sounds and explosions heard on Saturday in the cities of Qasr-e Shirin, Ahvaz, Bandar Abbas, and southern Tehran were due to different and unrelated causes.

The authorities confirmed that these explosions are not related to any exceptional security developments, and that the general situation is stable.

Local sources in Qasr-e Shirin, in the west of the country, reported that the loud sounds heard this morning were the result of pre-planned military maneuvers and exercises carried out by the Islamic Republic of Iran Army, as part of periodic programs aimed at raising the level of combat readiness.

She confirmed that these exercises ended according to the schedule, and that the situation in the city is completely normal and does not warrant concern.

In the southwestern city of Ahvaz, the head of the city's fire and safety services organization announced that an explosion occurred inside a residential complex in the Kianshahr area, as a result of a gas leak, killing four people.

He explained that emergency teams rushed immediately to the scene of the incident to control it and secure the area, and the competent authorities began investigating its circumstances.

In Bandar Abbas, the capital of Hormozgan province in southern Iran, the province's Director General of Crisis Management, Mehrdad Hassanzadeh, explained that the loud noise reported in some parts of the city was caused by an incident inside a residential building on Moallem Street, stressing that the incident had no security implications.

He added that ambulance and fire crews began relief work immediately upon receiving the report.

The authorities urged citizens not to be swayed by rumors and to obtain information from official sources, stressing that the safety of citizens is a priority and that the relevant authorities are monitoring all incidents in accordance with the approved legal and procedural frameworks.

Iranian authorities have denied any security or military incidents in the cities of Parand and Rabat Karim, southwest of Tehran, after reports circulated of explosions being heard and heavy smoke seen in some areas.

The administrative official of Rabat Karim, Reza Aghaali Khani, explained in an official statement that the rising smoke was not caused by any security or military incident, indicating that its source was due to fires that broke out in dry reed plants on the banks of the Shur River.

The official added that such fires sometimes occur as a result of negligence or the actions of some unknown people, and that the authorities are closely monitoring the situation and taking precautionary measures to prevent the recurrence of such fires and to protect the environment.

Meanwhile, the public relations department of Iran’s Islamic Revolutionary Guard Corps denied on Saturday claims of the assassination of naval commander Admiral Ali Reza Tangsiri.

In the same context, the Revolutionary Guard's naval force denied what was being circulated regarding its headquarters in Hormozgan province being attacked by a drone, stressing that none of the force's buildings were destroyed, and that the news published in this context is baseless.

The Public Relations Department of the Revolutionary Guard explained that the methodology of spreading rumors followed by the “Terror Alarm” account in security and military issues has known precedents, considering that the aforementioned Israeli account works as an operational arm of the Mossad, within the framework of psychological warfare.

She pointed out that the same account had previously claimed the assassination of Quds Force commander Brigadier General Ismail Qaani, which proved to be false.

The Guard noted that “given the psychological operation being carried out by Trump, the dissemination of assassination rumors by Terror Alarm takes on greater significance.”

This comes amid the US threat to launch an attack on Iran, which Tehran insists will be met with an unprecedented response.  link

Mot: Being the Designated Driver is Great !!! 

Mot: As We Move Forward!!!! 

News, Rumors and Opinions Sunday 2-1-2026

KTFA:

Clare: "THE COST IS... THE MONETARY REFORM COLLAPSE"......F26

What is the cost of rebellion?

Learn about the reasons for America's "guardianship" over Iraq... and the consequences that await us if this protection is lifted.

1/30/2026   Baghdad Today – Baghdad

Despite more than 23 years having passed since the fall of Saddam Hussein's regime, Iraqi oil revenues remain channeled through the Federal Reserve Bank of New York. This arrangement is viewed within Iraq as a complex mix of legal "protection" and financial "guardianship" that grants Washington significant influence over economic decision-making in Baghdad.

Although most of the legal foundations that originally established this mechanism have expired, the United States effectively still controls the flow of dollars that fund the Iraqi budget through a combination of executive orders, protectionist measures, and strict oversight of dollar flows into and out of Iraq. With Trump's threats to cut "aid" to Iraq—which is practically understood as a threat to cut off its dollar supply—let's examine the implications.

 What if Trump carries out his threat and cuts off or reduces dollar aid to Iraq?

-Financial strangulation within weeks: because almost every artery in the economy passes through the dollar coming out of New York, and any major cut or reduction in supply will cripple the central bank’s ability to finance the market.

What we are currently experiencing has escalated into a full-blown crisis: today, with only limited supply constraints and exchange rate fluctuations, markets are in turmoil and prices are soaring. What will happen if the cuts become more drastic or if the currency freeze becomes a declared political decision?

- Direct pressure on the central bank and the government: The central bank will find itself facing practically frozen reserves, unable to inject sufficient quantities to maintain the official exchange rate or cover imports, and the government will be forced to choose between:

1- Employee salaries.

2-Financing food, medicine, and energy.

3- The gap between the official and parallel exchange rates has exploded.

This means a rapid erosion of the purchasing power of salaries, a significant rise in the prices of basic commodities, an expansion of hoarding in dollars and gold, and perhaps a return to barter patterns in some sectors.

- Widespread paralysis in the private sector and foreign trade: letters of credit and transfers have stopped, shipments are delayed, and weak companies are leaving the market in favor of a few who own private channels to obtain hard currency.

-The impossibility of a rapid transition to alternative currencies: Even if Iraq were to consider the yuan, the ruble, or regional settlements in other currencies, this is a project that would require years to amend contracts and supply chains, and it cannot be accomplished as an emergency solution under pressure within months.

-A potential social and political explosion: The collapse of purchasing power, rising unemployment, and shortages of goods could turn into a wave of protests and unrest, which could be exploited by internal and external forces to rearrange influence within the country.

-Turning Iraq into an arena for settling scores: Cutting off or strangling the dollar will be used as a tool in the American-Iranian conflict, and perhaps in wider conflicts, turning Iraq from a player trying to balance its relations into an open arena for the rivalries of others.

-The current crisis is just a small "rehearsal": What is happening today in terms of pressures, partial reductions, and tightening of controls reveals the fragility of the financial and monetary structure, and shows what the image of a "complete financial blockade" could look like if the threat turns into a strategic decision.

The question is: Why is Iraq still mortgaging its oil revenues to America?

From the "Development Fund for Iraq" to the Central Bank account in New York

Economic expert Nabil Al-Marsoumi presents an analysis that moves from legal backgrounds to the financial reality today, and then proposes a practical path to get out of the state of dependency, by addressing the file of lawsuits and compensations accumulated against Iraq since the nineties, instead of just complaining about the “dominance” of the US Federal Reserve.

Following the 2003 invasion of Iraq, the Coalition Provisional Authority established the "Development Fund for Iraq" to be the repository for oil and gas export revenues, obligating countries around the world to deposit the sales proceeds into it, based on Security Council Resolution 1483, which stipulated that oil revenues be transferred to this fund and used for reconstruction, and protected from seizure and litigation proceedings abroad.

In 2010, UN Security Council Resolution 1956 paved the way for the dissolution of the Development Fund for Iraq (DFI) and the transfer of management of the funds to the Iraqi government and the Central Bank of Iraq, while maintaining some legal protections for a specified period. Concurrently, former US President George W. Bush issued Executive Order 13303 in 2003, which granted special protection to the DFI and "all property in which Iraq has an interest," treating them as US funds with respect to immunity from seizure and court orders. This order remains in effect today, with some amendments, and is the most important legal basis for protecting Iraqi funds within the US financial system.

In practice, the “Development Fund for Iraq” evolved into an account in the name of the Central Bank of Iraq at the Federal Reserve Bank of New York, into which almost all crude oil revenues were transferred. The Central Bank then recycled these proceeds back into the country by selling dollars to banks, financing imports, and supporting the exchange rate.

Why does the depositing continue at the Federal Reserve while other oil-producing countries do the same thing without restrictions?

Technically, having oil revenues in the US Federal Reserve is not unusual; many oil-producing countries prefer to deposit their reserves there because oil is priced and sold in dollars, and because holding dollar reserves in New York gives these countries quick and secure access to the global financial system. However, Iraq's situation is different for two main reasons:

-Absolute dependence on oil and the dollar: More than 90% of public revenues come from oil sales, making the Federal Reserve account the "bottleneck" for all hard currency entering the Iraqi budget.

- Exceptional oversight of dollar transactions: For years, and especially after 2022, the US Federal Reserve and the Treasury Department have tightened controls on transfers leaving Iraq's account, linking dollar allocations to Iraqi banks' adherence to a strict compliance system to prevent currency smuggling to Iran and other sanctioned countries. This included banning 14 Iraqi banks from dealing in dollars and subsequently preventing additional banks from conducting dollar transfers, citing weak anti-money laundering and counter-terrorism financing controls.

The result, as summarized by Al-Marsoumi, is that the problem is not in the "place" of depositing the funds, but in the type of restrictions imposed on Iraq's freedom to use them compared to other countries; many oil-producing countries deposit their funds in the Federal Reserve, but they do not face the same level of scrutiny and restriction on every bank transfer.

Old lawsuits: The Kuwait invasion bill that has not been fully settled

A significant part of the complexity of the situation is linked to a long history of lawsuits filed against Iraq stemming from its 1990 invasion of Kuwait. The United Nations Compensation Commission was established to receive claims from affected countries, companies, and individuals, and to disburse compensation from Iraqi oil revenues for many years. Although the compensation file for Kuwait was declared closed in 2022 after full payment, other cases and compensation claims filed by companies and private parties in various international and national courts remain, some resulting in substantial default judgments due to the lack of effective Iraqi legal representation.

These provisions make Iraqi assets a constant target for seizure attempts by creditors. This is why the American protection (Resolution 13303) was originally used to prevent the seizure of Iraq’s assets in New York, but linking the protection to an American presidential decision put Iraq at the mercy of the political will in Washington: if the protection is lifted without addressing the claims and debts, the assets are at risk of almost immediate seizure in more than one jurisdiction.

From here, Al-Marsoumi points out that protecting funds through the United States gives Washington great influence over Baghdad; because whoever has the "button" of protection, consequently has the ability to threaten Baghdad with losing part of its assets if it deviates from the path required by America.

Direct political influence: When assets become a weapon in negotiations

American control is not limited to the technical procedures of banks; it also manifests as a tool of political pressure. Numerous reports indicate that, amidst discussions about the future of the American military presence in Iraq, US officials have threatened to restrict Baghdad's access to its funds held at the Federal Reserve. This would effectively cripple the government's ability to pay salaries and finance imports within weeks if implemented.

This influence was further strengthened by tightening the noose on the smuggling routes of dollars to Iran and the factions close to it, whether through the currency auction, which was subjected to severe restrictions and later was gradually dismantled, or through pursuing new channels such as international payment cards that were used for transfers and smuggling, before the noose was also tightened on them.

For Iraq, this means that the financial file is no longer governed solely by the necessities of economic stability, but also by the balances of the American-Iranian conflict; whenever the confrontation between the two sides intensifies, the pressure on the dollar increases within Iraq, and the presence of the US Federal Reserve increases as the "oxygen cutter" for the Iraqi economy if necessary.

The cost of the current arrangement on the Iraqi economy

The existing arrangement produces a range of profound effects on daily economic life in Iraq, most notably:

-Parallel market and two dollar exchange rates: Reducing the amount of dollars allowed to be injected into banks and tightening the conditions for transfers pushes a large part of trade into the informal market, where the dollar is sold at a higher price than the official rate, which raises the cost of imports, goods and food.

- Strangling the private sector: Importing companies that cannot meet the requirements of the US-Iraqi regulatory platforms are forced to resort to the parallel market, incurring additional costs, or exit the market in favor of "protected" players who have their own channels to access the dollar.

-Politicizing the economy: Any political disagreement with Washington, or a hardening of the relationship with Iran, is directly reflected in the flow of dollars into Iraq, turning fiscal policy into an arena of geopolitical conflict, not just an economic management tool.

Deepening dependence on oil: As long as all funding lines pass through the Federal Reserve and oil revenues, any drop in global prices or disruption in the oil market reopens the debate on the deficit, while non-oil revenues remain weak and squandered by corruption, tax evasion, and customs fraud.

What does Nabil Al-Marsoumi propose to escape this "guardianship trap"?

Al-Marsoumi proposed a different approach that went beyond simply complaining about Iraq's subservience to the US federal system; it addressed the legal root of the crisis. His idea can be summarized in three interconnected steps:

A comprehensive review of the lawsuits and debts file: This involves commissioning a reputable international law firm with full authority to conduct a thorough inventory of all cases filed against Iraq in foreign courts, including the amounts awarded, the nature of the judgments, and their binding nature.

Shifting from a passive defense to active negotiation: Given that many judgments have become final and cannot be easily overturned, the realistic option is to enter into negotiations with creditors (companies, individuals, and institutions) to reach settlements through a "debt buyout" approach: paying a percentage of the amount in exchange for dropping the lawsuits or halting the pursuit of Iraqi assets.

A political, not just economic, decision: Al-Marsoumi points out that countries like Greece and Argentina only overcame their crises with creditors through a major political decision, not just financial maneuvering. They negotiated significant debt reductions and long-term rescheduling in exchange for a commitment to a specific reform plan.

By this measure, Iraq needs a sovereign decision that adopts a courageous legal and negotiating strategy to address the lawsuits file, rather than leaving it unresolved, which perpetuates American protection and its associated influence.

In this sense, addressing the issue of debts and claims becomes a necessary condition for freeing funds from the American "protection trusteeship"; because any sudden withdrawal from the current protection system, without cleaning up this file, means opening the door to a wave of judicial seizure of Iraqi assets abroad.

What are Iraq's realistic options in the coming years?

The question is not, "Should we leave the Federal Reserve or stay?" but rather, "How can we reduce the Federal Reserve's influence over Iraqi financial decisions and transform its role from a tool of guardianship into a temporary safety net?" A range of overlapping options can be outlined:

Internal reforms to reduce Washington's appetite for intervention: As compliance systems in Iraqi banks improve and dollar smuggling and money laundering are curbed, the objective need for intervention by the Federal Reserve and the US Treasury Department under the pretext of protecting the financial system from exploitation diminishes.
Gradually diversify reserves and deposit destinations: Without taking any sudden risks, the Central Bank can gradually expand its currency basket and the destinations for its reserve investments (euro, yuan, gold, sovereign assets), thereby reducing some of the political pressures associated with dollar exclusivity, while the dollar remains a pivotal currency for trade.

Increase the weight of non-oil revenues: Addressing tax and customs evasion and corruption at border crossings, and fairly expanding the income and consumption tax base, means that a larger portion of state funding will no longer be held hostage to a single account in New York. This would reduce Washington's ability to financially strangle Iraq.

Address the issue of lawsuits as proposed by the two decrees: inventory, negotiation, settlements, and then a legal-political understanding with the United States to gradually reduce protection in exchange for guarantees against the prosecution of Iraqi assets.

A balance between sovereignty and realism

Realistically, it does not appear that Iraq is able, in the short term, to sever its oil revenues from the US Federal Reserve with a single blow. The global financial structure, the almost complete dependence on oil and the dollar, and the issue of debts and lawsuits make this option a high-cost gamble, especially if the potential effects of any strict US move are taken into account, such as reducing dollar flows or threatening to cut them off completely, with the direct risks this entails for salaries, prices, the ability to finance imports, and the stability of the market and the street together.

But in the medium term, this “forced linkage” could turn into an intentional transitional phase, if work is carried out on three simultaneous tracks: restructuring debts and claims as the decree suggests, reforming the banking system and reducing dollar smuggling and enhancing compliance, and building internal sources of economic strength outside of oil, which would gradually mitigate the impact of any American shock on hard currency flows.

Only then can the question "Why does the US Federal Reserve control Iraqi funds?" be transformed from an expression of structural weakness into a political and economic negotiation file in which Iraq possesses real cards of strength, and at the same time reduces the cost and depth of the effects that may result from any US decision to tighten the noose on the dollar, instead of the country remaining hostage to a single account in New York that reduces the entire state to a dollar balance.

Report by: Baghdad Today's Economic Affairs Editor    LINK

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

Militia Man   Alaq has the ability, if the gatekeepers...like the IMF, SAD, World Bank...agree, he can make a real effective exchange rate adjustment just about anytime they want...

Mnt Goat   So far in this election saga we received lots of input from Washington on the Coordination Framework choice for prime minister of Iraq. Finally, we have input from President Trump himself on this matter and so I firmly believe Nori al-Maliki chances of prime minister are non-existent...  

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:The television is showing us the Wikileaks...evidence of Maliki.  It was showing he is definitely loyal to Iran...It says during his tenure he had more than 400 Iranians appointed to key state positions inside of Iraq...It showed he stole $350 billion.  Many more things they're showing on television also proving how loyal he is to Iran.  It's all over our news here starting today... FRANK:  Your media as of yesterday has begun to tell you the truth...primarily about the CBI's monetary reform...

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FIRST U.S. BANK COLLAPSES IN 2026 - And It Won’t Be the Last

2-1-2026

The first U.S. bank failure of 2026 is here. Illinois regulators shut down Chicago-based Metropolitan Capital Bank & Trust, with the FDIC stepping in to protect depositors and transfer operations to First Independence Bank.

No losses, no panic — but a clear warning about the fragility of smaller U.S. banks in a high-interest-rate environment. What does this “orderly” failure really signal about the health of the banking system in 2026?

https://www.youtube.com/watch?v=6IgeMJGXj6w

Seeds of Wisdom RV and Economics Updates Sunday Morning 2-1-26

Good Morning Dinar Recaps,

A ‘Republican New Deal’ Signals Regime Change at the Federal Reserve

Trump’s Fed pick and Hamiltonian revival point to a production-first economic reset.

 Overview

• President Trump’s nomination of Kevin Worsh to the Federal Reserve is being framed as a fundamental shift away from Wall Street–driven monetary policy.

• Administration officials argue the Fed has suppressed growth to protect financial markets at the expense of workers.

• A renewed emphasis on tariffs, industrial policy, and Treasury authority echoes Alexander Hamilton’s “American System.”

• Manufacturing investment and domestic production are cited as early evidence of a structural economic shift.

Key Developments

1. Kevin Worsh Nomination Signals ‘Regime Change’ at the Fed
Kevin Worsh, President Trump’s nominee to lead the Federal Reserve, has openly criticized the central bank’s role in asset inflation, emergency bailouts, and money creation. He rejects the long-held assumption that higher wages cause inflation, instead placing blame on excessive liquidity and Wall Street rescues. Worsh has called for restoring the Fed to a narrower mandate and shifting crisis intervention back to the Treasury.

2. Treasury–Fed Power Balance Moves Toward Fiscal Authority
Worsh and Treasury Secretary Scott Bessent are aligned in arguing that the Federal Reserve has exceeded its historical role by acting as a capital allocator and de facto fiscal authority. Both support returning responsibility for emergency lending and capital deployment to the Treasury, reviving the constitutional balance envisioned in early U.S. economic policy.

3. Hamiltonian Economics Revived on the Global Stage
At the World Economic Forum in Davos, U.S. Trade Ambassador Jamieson Greer explicitly invoked Alexander Hamilton’s Report on Manufactures, advocating tariffs, subsidies, and industrial protection to secure economic sovereignty. The speech challenged globalization and signaled a return to national development strategies over transnational financial integration.

4. Manufacturing Investment Accelerates Across the U.S.
Administration officials cite approximately $18 trillion in announced domestic and foreign investment tied to tariffs, deregulation, and reshoring incentives. Reported developments include expanded steel production, new heavy equipment plants, revived critical-materials processing, and factory restarts not seen in decades. These projects are presented as evidence that production, not financial speculation, is driving growth.

Why It Matters

This shift reframes economic success away from asset prices and toward wages, output, and industrial capacity. If sustained, it represents a break from four decades of finance-led growth and central-bank dominance, replacing it with a production-centered national economic strategy.

Why It Matters to Foreign Currency Holders

Structural changes in U.S. monetary and fiscal policy affect global liquidity, reserve currency dynamics, and capital flows. A reduced role for Federal Reserve emergency intervention and a greater reliance on Treasury-led growth may:

• Alter global demand for dollars

• Pressure existing debt and currency relationships

• Precede broader realignments in exchange rates and valuation mechanisms

Such transitions historically accompany periods of monetary reset.

Implications for the Global Reset

Pillar 1: Central Banking Power Is Being Reined In
The proposed shift limits the Fed’s ability to support global markets during crises, forcing nations and institutions to adjust to a less interventionist dollar system.

Pillar 2: Production Replaces Financialization
By prioritizing manufacturing, infrastructure, and wages, the U.S. model moves closer to a multipolar economic framework where value is tied to output rather than leverage.

Closing Insight

This is not an argument over interest rates — it is a struggle over who controls economic destiny.

This is not just policy reform — it is an attempt to restore the American System in a post-globalization world.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Youtube -- "Trump vs. Wall Street: The "Republican New Deal" Begins"

• Promethean Action

• Transcript and remarks from U.S. administration officials, cabinet meeting statements, and public speeches referenced in the provided material

• World Economic Forum (Davos) remarks by U.S. Trade Ambassador Jamieson Greer on Hamiltonian economic principles

~~~~~~~~~~

The New Colonialism: Energy, Minerals, and the Return of Resource Empire

Rare earths, green energy, and financial leverage revive old imperial dynamics under modern disguise.

Overview

• Colonialism has not disappeared but evolved into subtler forms centered on resource extraction, finance, and technology.

• The global shift toward green energy and advanced weapons has intensified competition for rare minerals.

• Resource-rich nations remain economically constrained despite vast natural wealth.

• Financial systems, debt structures, and processing chokepoints reinforce modern dependency.

Key Developments

1. From Fossil Fuels to Rare Minerals
While 20th-century geopolitics revolved around oil and hydrocarbons, the 21st century is defined by competition over lithium, cobalt, nickel, copper, and rare earth elements. These minerals are essential for renewable energy systems, electric vehicles, digital technology, and modern weapons. Control over these inputs increasingly determines industrial competitiveness and geopolitical power.

2. The Persistence of the ‘Resource Curse’
Countries holding the largest mineral reserves — including Congo, Chile, and Indonesia — remain among the poorest globally. This paradox is often attributed to currency distortion, overreliance on commodity exports, and weak diversification. However, historical and structural factors reveal deeper causes rooted in foreign ownership, external political interference, and enforced dependency.

3. Financial and Monetary Levers Replace Direct Rule
Modern resource dominance is maintained through conditional lending, debt dependency, and monetary subordination. IMF and World Bank programs often require austerity, privatization, and trade liberalization, limiting domestic industrial development. Dollar- and euro-based pricing systems further expose resource economies to external interest rate shocks and currency instability.

4. Processing Bottlenecks Create New Imperial Chokepoints
Even where extraction occurs locally, processing remains concentrated elsewhere. China dominates rare mineral refining, battery manufacturing, and component supply chains, allowing it to control prices and availability. These industrial chokepoints function much like colonial ports once did — determining who can participate competitively in global markets.

5. Geopolitical Realignment Through ‘Friend-Shoring’
Supply chains increasingly double as security alliances. Western nations pursue strategic resource partnerships to counter Chinese dominance, while sanctions and selective relief are used as bargaining tools. Resource-rich nations are pressured to align with competing power blocs, trading sovereignty for market access and financial survival.

Why It Matters

The green transition and digital economy depend on uninterrupted access to strategic minerals. Without structural reform, the pursuit of sustainability risks entrenching a new form of imperial extraction — one that replaces armies with contracts, and colonies with balance sheets.

Why It Matters to Foreign Currency Holders

Resource control and processing dominance shape currency strength, trade balances, and long-term valuation. Nations unable to control extraction or processing face:

• Persistent trade deficits

• Chronic currency weakness

• External debt dependence

These dynamics often precede currency realignments, debt restructuring, or broader monetary resets as systems strain under structural imbalance.

Implications for the Global Reset

Pillar 1: Resource Sovereignty as Monetary Power
Control over energy and minerals increasingly underpins currency credibility and national economic independence.

Pillar 2: Multipolar Competition Replaces Globalization
As supply chains fragment into rival blocs, the post-Cold War globalization model gives way to strategic nationalism and managed trade — hallmarks of a systemic reset.

Closing Insight

Empire did not vanish — it adapted.

This is not just a struggle for minerals — it is a battle over sovereignty, currency power, and who controls the future of the global economy.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — The New Colonialism: Energy, Minerals, and the Return of Resource Empire

• World Bank — Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition

~~~~~~~~~~

🌱 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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RV Facts with Proof Links Link

RV Updates Proof links - Facts 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 Morning 2-1-26

Parliamentary Confirmation Of The Need To Postpone Economic Decisions Until The Formation Of The Next Government.

Money and Business   Economy News – Baghdad   Amid escalating controversy over recent decisions regarding financial deductions or tax additions, several members of the House of Representatives affirmed that the current government, as a caretaker government, is constitutionally restricted and does not have the authority to make decisions with a direct economic impact on citizens' livelihoods. While they stressed that the economic reform file and the approval of the 2026 budget are among the priorities of the next government, they indicated that there is no real financial crisis.

 In this context, MP Ghaith Al-Kalabi, from the Al-Asas bloc, said that “the decisions issued by the Economic Ministerial Council are not within the powers of a caretaker government, which is a government that must be bound by the laws and legislation in force, with the need to take into account the living conditions of citizens,” considering that some of these decisions are a constitutional violation, according to the MP.

 Al-Kalabi explained that the current government is constitutionally restricted and unable to take financial measures or make significant economic changes, and does not have the legal authority to infringe upon citizens' living or educational rights. He indicated that the House of Representatives represents the constitution and will not allow the powers or acquired rights of citizens to be taken away, stressing full solidarity with the people's demands.

 The MP rejected the notion of using citizens as a means to address economic shortcomings, stating that Parliament categorically rejects these decisions and calls for waiting until the new government is formed to assess the economic situation, particularly regarding the approval of the 2026 budget.

He emphasized that there is no genuine financial crisis. Al-Kalabi further explained that a large segment of the population faces real financial obligations, including loans, the need for treatment for chronic illnesses, and reliance on private hospitals. This makes these decisions unacceptable under the current circumstances, and he called for postponing any economic measures until the new government officially assumes its duties.

 For his part, MP Haider Ali, representing the Faili Kurds, affirmed that “the selection of the President of the Republic in today’s session will contribute to accelerating the formation of the new government,” indicating that “the next government will begin its work and implement its government program, which will focus primarily on economic reforms and addressing financial issues, foremost among them the 2026 budget.”

 For his part, MP Hussein Al-Batat said that this session will see a clear focus on a number of important aspects, most notably adherence to the timelines for forming parliamentary committees and selecting their chairpersons, as the formation of committees represents the actual launch of the work of the House of Representatives.

Al-Batat added that a proposal has been submitted stipulating that an MP should be a member of only one committee, in accordance with their area of ​​expertise, noting that this measure would serve the public interest and focus efforts on a specific area.

 He explained that one of the important issues that should be placed on the agenda of the sixth session of the House of Representatives is the issue of recording the attendance and absence of representatives, especially during the sessions in which laws are voted on, and the necessity of their remaining until the end of the session, as their absence leads to the lack of a quorum and the postponement of the approval of laws, stressing the need to address this problem during the current session.    https://economy-news.net/content.php?id=65201

The Central Bank Of Iran Is Distributing The 500,000 Toman Note Through The Banking Network, Featuring 11 Security Features.

Banks   Economy News — Follow-up   The Central Bank of Iran announced that the distribution of the 500,000 toman note (equivalent to 5 million rials), which was printed in advance, will begin in the banking network starting from February 1, 2026.

This step comes within the framework of managing and regulating cash transactions and facilitating financial transactions, with the aim of speeding up the completion of cash transactions, as the Central Bank has begun distributing this new category in banks within the banking network in the country.   https://economy-news.net/content.php?id=65213

German Central Bank Warns Of Risks To The Dollar’s Global Status

The German central bank has warned that the US dollar’s position as the world’s reserve currency could come under question as early as this year.

According to the annual report of Germany’s Federal Financial Supervisory Authority (BaFin), the dollar may face funding pressures, geopolitical shocks, and the growing politicization of institutions. The report expressed concern about the risk of liquidity shortages stemming from geopolitical tensions, describing this as a particularly serious threat.

BaFin Chairman Mark Branson stated, “There remains a risk that markets may begin to question the US dollar’s role as the world’s reserve currency.”

He warned that radical attempts to politicize institutions could undermine the effectiveness of international cooperation, especially during economic or financial crises.

This warning follows the dollar’s worst single-day decline in nearly a year. The dollar index, which measures the currency’s performance against a basket of major peers, recorded its sharpest drop since last April on Tuesday.

The decline came after US President Donald Trump announced a sweeping global tariff agenda https://ina.iq/en/economy/45158-german-central-bank-warns-of-risks-to-the-dollars-global-status.html

Dollar Faces Weekly Loss As Geopolitical Tensions Weigh On Markets

The dollar is headed for its second consecutive weekly loss on Friday as global tensions escalate and pressure on U.S. assets increases.

Tariff threats on countries that trade oil with Cuba have heightened international uncertainty, weakening demand for U.S. assets and contributing to downward pressure on the dollar. The White House announced that President Donald Trump signed an executive order to impose tariffs on nations supplying oil to Cuba, adding to recent geopolitical strains involving Iran, Venezuela, Greenland, and Europe.

Reports that Trump is considering potential strikes against Iran have driven up oil prices, adding further pressure on the dollar index (DXY).

Meanwhile, a bipartisan Senate agreement has offered some hope of averting a partial U.S. government shutdown, and Japanese data showed that inflation in Tokyo slowed but remained within the central bank’s target range.

The dollar index, which measures the U.S. currency against a basket of other major currencies, rose 0.2% to 96.35, trimming its weekly decline to about 1.1%.

In currency markets, the euro fell 0.2% to $1.194, the yen weakened 0.17% to 153.39 against the dollar, and the pound sterling slipped 0.1% to $1.3791. https://ina.iq/en/economy/45153-dollar-faces-weekly-loss-as-geopolitical-tensions-weigh-on-markets.html   

Gold And Silver Plunge Sharply In Global Markets

Precious metal prices declined sharply in global markets during spot trading on Friday, with gold falling by more than 8% to drop below $5,000 an ounce.

Silver also recorded a steep decline, plunging by more than 20% in spot trading to below $90 an ounce, marking one of its largest single-day drops in recent years.

The sell-off comes amid heightened volatility in global markets, driven by shifts in investor demand and broader financial market movements.   https://ina.iq/en/economy/45159-gold-and-silver-plunge-sharply-in-global-markets.html

Oil Prices Fall More Than 1%

Oil prices fell by more than 1% on Friday, retreating from multi-month highs, although they remained on track for their strongest gains in years as risk premiums rose on concerns that a potential U.S. attack on Iran could disrupt supplies.

Brent crude futures fell 91 cents to $69.80 a barrel, after settling up 3.4% in the previous session at their highest level since July 31. The March contract expires later on Friday, while the more actively traded April contract slipped $1.07 to $68.52 a barrel.  Source: Al Arabiya  https://ina.iq/en/economy/45150-oil-prices-fall-more-than-1.html

Weekly Crude Prices Edge 5% Higher Amid Geopolitical Risks, US Supply Disruptions

Oil prices are on track for a weekly gain on Friday, supported by escalating geopolitical tensions, severe weather-related supply disruptions in the US and heightened uncertainty surrounding sanctions and trade policy, although the rally lost momentum toward the end of the week as fresh supply prospects capped further upside.

International benchmark Brent crude traded at $68.53 per barrel at 2.46 p.m. local time (1146 GMT), up 4.8% from last Friday's close of $65.40.

US benchmark West Texas Intermediate (WTI) rose 5.1% to $64.33 per barrel, compared with $61.20 a week earlier.

The main driver of the rise was the sharp escalation in geopolitical risks centered on the Middle East. Tensions between the US and Iran significantly lifted risk premiums, as Washington's increasingly aggressive rhetoric and the deployment of US naval assets raised fears of potential supply disruptions.

Iran's pledge to respond forcefully to any attack, combined with its role as the Organization of Petroleum Exporting Countries' (OPEC) fourth-largest producer, kept markets focused on the risk of disruptions to regional oil flows throughout the week.

Ongoing coordination between US and Israeli military officials further reinforced perceptions of rising regional instability.

Prices also found strong support from supply disruptions in the US, where extreme cold weather severely curtailed crude production, refinery operations and exports, particularly along the Gulf Coast.

The National Weather Service reported snow depths exceeding 50 centimeters in parts of the country, while wind chill temperatures plunged to as low as minus 31 degrees Celsius, highlighting the severity of the cold wave. Adverse weather conditions brought crude oil exports from the US Gulf Coast close to a standstill, tightening near-term supply.

Market estimates indicated that around 2 million barrels per day of oil supply were temporarily taken offline over the weekend.

Officials warned that the cold wave, affecting roughly two-thirds of the US, could persist in the coming days, raising concerns that supply disruptions may last longer than initially anticipated.

These outages were reflected in falling inventories, with data from the US Energy Information Administration showing that commercial crude oil stocks declined by about 2.3 million barrels last week, reinforcing expectations of a tighter market in the world's largest oil-consuming country.

Monetary policy developments further supported the market. Comments suggesting that progress in the US fight against inflation has been uneven kept expectations for policy easing alive.

The Federal Reserve held its benchmark interest rate steady at 3.5%-3.75% at its first Federal Open Market Committee meeting of the year, in a decision approved by a 10-2 vote.

Expectations that lower interest rates later in the year could stimulate economic activity continued to underpin oil demand.

Geopolitical risks were also influenced by Washington's latest sanctions move targeting Cuba. US President Donald Trump signed an executive order declaring a national emergency and authorizing tariffs on countries supplying oil to the island, a step intended to protect US national security and foreign policy interests by restricting energy flows to Havana, which has already faced critical shortages due to halted Venezuelan shipments and a suspension of Mexican deliveries.

This escalation lifted geopolitical risk premiums and added upward support to prices.

However, markets also weighed the potential impact of these tariffs on global economic activity, with analysts warning that heightened trade barriers could dampen growth and weaken oil demand, exerting downward pressure on prices.

China's public rejection of the tariffs and its support for Cuba further underscored broader geopolitical and trade frictions, creating mixed signals for oil markets.

Gains were also capped by mounting expectations of rising supply, particularly from Venezuela.

Venezuelan lawmakers enacted sweeping reforms to the country's hydrocarbon laws, significantly reducing the state's oil monopoly and opening the sector to greater private and foreign participation. The reform lowers taxes and royalties, grants private producers operational autonomy and allows disputes to be settled in international or US courts.

On the same day the law was signed, the US Treasury Department issued a general license easing several sanctions on Venezuelan crude, allowing US companies to lift, transport and refine Venezuelan-origin oil. These developments reinforced expectations of increased Venezuelan output over time, easing near-term supply concerns.

Additional pressure came from progress toward restarting production at Kazakhstan's Tengiz field and the normalization of export capacity through the Caspian Pipeline Consortium. Strong non-OPEC supply growth continued to weigh on the medium-term outlook, fueling concerns that global oil markets could slip into surplus later in the year.

Lingering uncertainty over US trade policy and the absence of any expected changes to production levels at the upcoming OPEC+ meeting also limited upside momentum, prompting some profit-taking toward the end of the week despite sustained geopolitical risks.

SOURCE: Anadolu Agency  https://ina.iq/en/economy/45168-weekly-crude-prices-edge-5-higher-amid-geopolitical-risks-us-supply-disruptions.html 

FRANK26—-1-31-26……YOU’RE FIRED !!!

KTFA

Saturday Night Video

FRANK26—-1-31-26……YOU’RE FIRED !!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=TEK8BSy0uEQ

[CB] Agenda Has Failed, The Parallel Economic System Cannot Be Stopped : Bob Kudla

[CB] Agenda Has Failed, The Parallel Economic System Cannot Be Stopped : Bob Kudla

X22 Report Spotlight:  1-30-2026

We’re seeing a major shift right now with the EU and Canada cozying up to China in ways we haven't seen before.

With all this talk about tariffs and trade wars under Trump, countries like Canada under Carney are signing these big deals—lowering barriers on Chinese EVs, boosting energy and agri-food ties, and basically pivoting away from heavy US reliance.

With China restricting silver exports and their economy imploding internally, losing millions of jobs, gold's breaking out as the safe haven.

We're talking potential five-figure prices, easy, because demand's outpacing supply big time. Short-term dips from futures games?

Sure, but come January with those restrictions kicking in, watch it rocket. If you're not positioned in gold or related assets, you're missing the boat—it's the hedge against all this inflation moderation and geopolitical mess.

With GDP growth holding strong at over 4% and us growing our way out of debt piles. Tariffs are bringing in billions, potentially paving the way for tax refunds or even scrapping income tax altogether.

Now, on top of that, families are getting a boost with kids under four qualifying for up to $1,000 through expanded child tax credits in places like New York, and it's rolling out nationally with adjustments.

This puts real money back in people's pockets, fuels consumer spending, and by 2026, we're looking at game-changing shifts that cut federal waste and audit the Fed.

It's populist economics at work, and it's going to change everything for the better.

https://www.youtube.com/watch?v=hQKTi8DkqNE

The Dollar is Falling Apart, Why Gold Comes Next

The Dollar is Falling Apart, Why Gold Comes Next

Wealthion:  1-31-2026

The world is on the cusp of a significant financial transformation, with the U.S. dollar facing an imminent collapse.

This has sparked intense debate about the future of the global monetary system, with many experts predicting a shift towards a new regime backed by gold.

 In this blog post, we’ll explore the key points from a recent video discussion on this topic, highlighting the factors driving the dollar’s decline, the role of gold in the new monetary order, and the challenges that lie ahead.

The U.S. dollar’s dominance has been under threat for some time, with rising fiscal deficits, growing anti-dollar sentiment, and the Federal Reserve’s unconventional monetary policies all contributing to its weakening.

The speaker in the video argues that these factors are creating an inflection point, beyond which the dollar’s decline will accelerate.

 Historical examples, such as Venezuela’s economic crisis and the impact of sanctions on Russia, illustrate the challenges of maintaining the dollar’s status as a global reserve currency.

The Federal Reserve’s response to inflationary pressures, particularly its excessive quantitative easing, has eroded its credibility.

 This has significant implications for the dollar, as investors and central banks begin to lose confidence in the currency.

The speaker suggests that this loss of credibility is a key driver of the transition to a new monetary regime.

Central banks’ recent gold buying trends suggest that they are preparing for a new monetary regime that includes gold as a reserve asset or “cover clause.”

Despite uncertainties about the timing and extent of gold’s role, the speaker believes that it is inevitable and essential to restoring confidence in the financial system.

Gold’s history as a trusted store of value and its limited supply make it an attractive alternative to the dollar.

The speaker highlights the political dynamics at play, particularly the Trump Administration’s desire to be credited with the monetary overhaul.

 In contrast, leaders like Putin and Xi Jinping are taking a more patient approach, suggesting that they are better positioned to navigate the complexities of this transition.

Backing the dollar with gold is a complex and potentially disruptive process. It would require significant changes to government obligations, social programs, and the overall financial system.

The speaker warns that this could lead to civil unrest or conflict, highlighting the need for careful planning and management.

While the speaker is personally bullish on Bitcoin and owns more of it than gold, they dismiss it as a practical official monetary backbone. Bitcoin’s youth, volatility, limited market cap, lack of central bank adoption, and significant public skepticism make it unsuitable for this role.

The speaker predicts that Bitcoin might play a significant monetary role in the future, but only decades from now, if at all.

The video discussion concludes that gold is the most likely candidate to back a new global monetary system, given its history, trustworthiness, and limited supply.

The urgency to replace the dollar’s failing regime and the lack of any other trustworthy alternative make gold’s role inevitable.

As the world navigates this significant financial transformation, it’s essential to stay informed and consider the insights from experts in the field. For further information and insights, watch the full video from Wealthion.

https://youtu.be/gQjsa_nkZMM

Seeds of Wisdom RV and Economics Updates Saturday Afternoon 1-31-26

Good Afternoon Dinar Recaps,

BRICS Quietly Rewrites the Plumbing of Global Money

CBDC settlement corridors signal a structural shift away from dollar-dominated rails — without forming a single currency.

 Overview

• BRICS nations are advancing cross-border payment settlement systems using CBDCs and blockchain-based platforms.

• India is emerging as a central architect through the RBI’s push for CBDC interoperability.

• The strategy avoids a shared BRICS currency while reducing reliance on SWIFT and Western financial infrastructure.

• Capital controls remain embedded by design, reinforcing sovereign monetary authority.

Key Developments

1. RBI Pushes BRICS CBDC Settlement to the 2026 Agenda
India’s Reserve Bank has formally urged that BRICS payment settlement frameworks be prioritized at the 2026 summit. Officials emphasize resilience, cost efficiency, and strategic autonomy rather than overt de-dollarization. The RBI has positioned CBDC-enabled payment corridors as the only viable solution to slow, expensive cross-border settlement systems that still dominate global trade.

2. mBridge Model Shapes the Architecture — Without Monetary Union
BRICS payment infrastructure mirrors the BIS Innovation Hub’s mBridge design. Domestic CBDC ledgers remain sovereign and ring-fenced, while a neutral bridge layer enables payment-versus-payment foreign exchange settlement. This structure eliminates settlement risk while deliberately avoiding a supranational currency, shared reserves, or pooled monetary authority.

3. De-Swifting Progress Confirmed by BRICS Officials
At the July 2025 Rio Summit, Belarus and other participants confirmed support for a multi-level settlement system integrating innovative payment instruments with security safeguards. While full replacement of SWIFT is not imminent, secure links between Russia’s SPFS and partner systems are progressing incrementally, signaling a clear long-term trajectory.

4. Capital Controls Are Embedded by Design
India’s e-rupee remains a direct RBI liability, and its lack of full capital-account convertibility shapes the system’s limits. CBDC corridors are expected to permit non-resident access only within tightly defined parameters. Offshore circulation of the e-rupee is explicitly assumed to be prohibited, reinforcing sovereign control even as interoperability expands.

Why It Matters

Global finance is shifting from currency dominance to infrastructure dominance. Control over settlement rails — not just reserve status — determines who sets the rules of trade, liquidity, and sanctions enforcement. BRICS is not attempting a sudden dollar replacement; instead, it is quietly building parallel rails that reduce dependency on Western-controlled systems over time.

Why It Matters to Foreign Currency Holders

For those holding foreign currencies in anticipation of revaluation, these developments signal structural preparation rather than headline announcements. CBDC settlement corridors provide the technical foundation for future currency realignments by:

• Enabling direct settlement between sovereign currencies

• Reducing friction that suppresses true market valuation

• Allowing controlled liquidity release when political conditions align

Infrastructure always comes before repricing.

Implications for the Global Reset

Pillar 1: Settlement Infrastructure Comes First
Before currencies can revalue, they must move efficiently, securely, and independently. BRICS CBDC corridors address this prerequisite directly.

Pillar 2: Sovereignty Without Chaos
By rejecting a shared currency and embedding capital controls, BRICS nations preserve domestic stability while still participating in a multipolar settlement environment — a critical balance for any global reset scenario.

Closing Insight

This is not a rebellion against the dollar — it is an exit from dependence.

This is not just monetary innovation — it is the slow, deliberate rewiring of global finance beneath the surface.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Watcher.Guru — The BRICS Settlement Push and Its Monetary Consequences

• Bank for International Settlements — mBridge Project Overview

~~~~~~~~~~

Europe Eyes Its Crisis War Chest for Defense

ESM’s €500 billion fund may be repurposed as Europe retools security financing amid geopolitical strain.

Overview

• The European Stability Mechanism (ESM) is considering using its €430+ billion crisis fund to finance defense spending.

• ESM Managing Director Pierre Gramegna proposed low-stigma credit lines without harsh reform conditions.

• The move reflects Europe’s shifting security posture following the Ukraine war and evolving U.S.–EU relations.

• Smaller euro zone nations, especially near Russia, could benefit most from the proposal.

Key Developments

1. ESM Crisis Fund Repositioned for Defense Financing
Pierre Gramegna confirmed that the ESM’s unused lending capacity — originally designed to stabilize economies during the euro zone debt crisis — could be redirected to provide defense loans. The fund currently holds more than €430 billion in firepower, giving Europe a ready-made financing tool at a time of rapidly rising military expenditures.

2. Loans Without Austerity Conditions
Unlike past ESM rescue programs, Gramegna emphasized that defense-related credit lines would not require strict economic reforms. This approach aims to eliminate the political stigma traditionally associated with ESM assistance, making it easier for financially stable but budget-constrained countries to seek support.

3. Security Pressures Drive Policy Rethink
Gramegna cited Europe’s changing relationship with the United States and heightened threats from Russia as catalysts for rethinking defense funding. Since Russia’s invasion of Ukraine, European governments — particularly in the Baltics — have sharply increased defense spending, straining national budgets and exposing limits of existing EU fiscal frameworks.

4. Structural and Political Hurdles Remain
Any deployment of ESM funds would require approval from member states and policy shifts, particularly from Germany. The ESM was not designed for frequent use, and loans would be limited to euro zone members, excluding countries such as Poland. Still, Gramegna suggested that joint applications could further reduce stigma and accelerate adoption.

Why It Matters

Europe is quietly transforming financial crisis tools into permanent strategic instruments. Using the ESM for defense blurs the line between fiscal stabilization and security policy, signaling a future where financial architecture is mobilized to support geopolitical objectives — not just economic emergencies.

Why It Matters to Foreign Currency Holders

For currency holders watching global realignment, this move reinforces a key pattern: sovereign debt mechanisms are being retooled ahead of monetary repricing. Defense-backed credit expansion:

• Alters sovereign risk profiles

• Pressures existing debt ceilings

• Increases the likelihood of future fiscal and monetary restructuring

Such shifts historically precede currency resets, revaluations, or system-wide policy overhauls.

Implications for the Global Reset

Pillar 1: Crisis Tools Become Permanent Infrastructure
The ESM’s evolution mirrors a broader trend where “emergency” mechanisms quietly become standing facilities within a restructured global financial system.

Pillar 2: Defense, Debt, and Currency Are Converging
As defense spending is increasingly financed through supranational mechanisms, national currencies become more tightly linked to collective fiscal policy — a prerequisite for deeper monetary realignment in Europe.

Closing Insight

What began as a bailout fund may soon function as Europe’s defense bank.

This is not just military financing — it is financial architecture adapting to a multipolar world.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Modern Diplomacy — ESM Chief Proposes Using €500 Billion Crisis Fund for European Defense

• Reuters — Europe’s bailout fund could help finance defense spending, ESM chief says

~~~~~~~~~~

Zelensky Pitches Bigger Truce Than Trump’s Winter Energy Ceasefire

Kyiv offers a broader pause in Russia-Ukraine hostilities as severe winter hardships mount and Washington claims a short energy-sector halt.

Overview

• Ukrainian President Volodymyr Zelensky proposed a more expansive truce to Moscow than the limited pause U.S. President Donald Trump said Russia had agreed to on energy infrastructure.

• Trump announced that Putin had agreed to halt strikes on Ukraine’s energy grid for about a week during severe cold, though Kyiv did not confirm an official ceasefire.

• Zelensky insists on a longer and more substantive-limited truce — ideally a 30-day unconditional pause — rejecting short “theatrical” proposals that lack credibility.

• Russia’s leadership has floated brief pauses tied to festive dates or limited targets, but Ukraine and its allies are pushing for broader and enforceable terms.

Key Developments

1. Zelensky Offers Broader Conditions for Peaceful Pause
According to reporting, Zelensky publicly framed a truce proposal that goes beyond Trump’s announcement regarding energy-sector strikes. He framed this offer as an “opportunity, not an agreement,” while affirming that if Russia ceases attacks on energy infrastructure, Ukraine will reciprocate in kind.

2. Trump’s Claimed Window Reflects Extreme Humanitarian Pressures
President Trump publicly stated that Putin had agreed to a brief pause on attacks against Ukrainian energy infrastructure — a gesture timed with frigid winter conditions that are worsening civilian hardship. Russia had not officially confirmed the ceasefire at the time of reporting.

3. Zelensky Rejects Short “Theatrical” Truces — Pushes 30-Day Model
Earlier reporting shows that Zelensky dismissed Russia’s three-day ceasefire proposal as insincere and insufficient, while supporting a 30-day ceasefire framework aligned with the U.S.’s model of a longer unconditional pause.

4. Trust Deficit in Temporary Ceasefires Remains High
Ukraine’s leadership has expressed skepticism toward brief pauses offered by Moscow, citing a history of violations. Kyiv and Western partners argue that short truce windows can be exploited and do not create substantive progress toward peace.

Why It Matters

The conflict’s humanitarian dimension — especially during winter darkness and extreme cold — adds urgency to ceasefire negotiations. A broader truce proposal from Kyiv signals Helsinki-style pragmatism aimed at relieving civilian suffering while pressing Moscow on enforceable terms. It also highlights a growing diplomatic rift between Ukraine’s approach and external mediators’ limited-scope proposals.

Why It Matters to Foreign Currency Holders

Large geopolitical conflicts with shifting negotiation dynamics affect global risk sentiment, safe-haven demand, and sovereign debt pricing across regions. Major shifts in war-pause negotiations can influence:

• Market volatility and FX safe-haven flows

• Risk premia on European and emerging markets assets

• Long-term capital repositioning toward defense-heavy government spending

These macro pressures often precede structural reset narratives in global capital markets.

Implications for the Global Reset

Pillar 1: War Diplomacy as Financial Centrality
Peace negotiations and their framing influence investor confidence and fiscal burden sharing — both of which are vital inputs to any paradigm shift in monetary regimes.

Pillar 2: Geopolitical Risk Repricing
Unresolved conflicts create persistent risk premia. Moves toward a credible ceasefire reduce risk spreads — a necessary precursor for stable currency and debt repricing.

Closing Insight

What appears on the surface as a humanitarian pause in hostilities is actually a strategic recalibration of diplomatic leverage — with Kyiv pushing for substantive terms while external actors weigh political and military realities.

This is not just a ceasefire proposal — it is a test of political credibility in wartime negotiations.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Zelenskyy rejects Russia’s 3-day ceasefire proposal and backs a 30-day plan (Euronews/AP)

• Ukraine rejects short “theatrical” ceasefires and backs U.S. model ceasefire terms (Kyiv Independent)

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Iraq Economic News and Points To Ponder Saturday Afternoon 1-31-26

 An Economic Expert Reveals A Roadmap For Freeing Iraqi Funds From The Grip Of The US Federal Reserve.

Money and Business    Economy News – Baghdad   On Friday, economist Nabil Al-Marousmi revealed several solutions and proposals to free Iraqi funds from the control of the US Federal Reserve. 

 Al-Marsoumi said in a post followed by “Al-Ahd News”: “The United States has effectively controlled Iraqi oil revenues since 2003 through its management via the Federal Reserve. The United Nations had provided legal protection for these funds under Resolution 1483, until it was terminated in 2011, following the implementation of Security Council Resolution 1956.”

He added that "the US president issued Executive Order 13303 to protect Iraqi funds, an order that remains in effect today despite some amendments." He explained that "the objectives of US protection of Iraqi funds are to safeguard them from compensation claims by companies and individuals, as well as to prevent the seizure of Iraqi assets in cases filed since the 1990s.

" He emphasized that "despite the expiration of many of the legal reasons that necessitated this financial arrangement, Iraq remains subject to strict financial oversight by Washington, which differs from the usual procedures in the international banking system."

 Al-Marsoumi pointed out that “most oil-producing countries deposit their money in the US Federal Reserve because oil is sold in dollars, but Iraq suffers from complete dependence on oil revenues without alternative resources,” explaining that “this means that the problem is not in depositing money with the US Federal Reserve, but rather in the restrictions imposed on the ability to dispose of it freely, unlike what other countries enjoy.”

 He continued: “It is known that there are cases filed against Iraq by dozens or hundreds of companies that were harmed by Iraq’s invasion of Kuwait, and representatives of Iraq did not attend the court sessions at the time to defend or reduce the compensations, and therefore the courts issued default judgments for very high amounts.”

 He noted that “linking the issue of protecting Iraqi funds from prosecution to America gives Washington great influence over Baghdad, and resolving the crisis requires a political decision, as happened with Greece and Argentina, by employing a reputable law firm that is given full powers, whose task will be to accurately inventory the cases filed against Iraq and how much money has been awarded in judgments.”

 Al-Marsoumi concluded that “Iraq is unable to resort to the courts because the judgments have become final, so a deal can be reached with the beneficiaries to drop the lawsuits in exchange for giving them a percentage of the money, which is called buying the debts, and most likely they will accept because they will get money instead of waiting and possibly not getting anything.”     https://economy-news.net/content.php?id=65137

Why Is Gold Jumping To Record Levels As The US Dollar Falls?

Money and Business   Economy News - Follow-up   Gold prices recorded a sharp and unprecedented jump, exceeding the level of $5,600 per ounce, after a daily rise of more than $300, in one of the most violent price movements in global markets, coinciding with the decline of the US dollar to its lowest levels in about 4 years.

This remarkable rise came after statements by US President Donald Trump in which he expressed his satisfaction with the decline in the value of the dollar, which the markets interpreted as a clear indication that the current US administration prefers the currency to remain weak, prompting investors to intensify their bets on gold as a safe haven.

Historical Inverse Relationship Between Gold And The Dollar

Historical data shows a clear inverse relationship between gold and the US dollar, as the precious metal is priced globally in dollars. This means that a decline in the value of the US currency against major currencies makes gold less expensive for holders of other currencies, which leads to an increase in global demand for it, and consequently, higher prices.

 According to market traders, the recent upward surge was not solely due to technical factors, but was driven by a change in political and monetary expectations regarding the future of the dollar.

 Political Messages Reshape Market Expectations

Analysts believe that Trump’s statements carried indirect messages to the markets, indicating that the White House does not see a strong dollar as a priority at the present stage, but rather believes that a weak currency may serve economic and trade objectives, especially in light of the escalating competition with China.

Trump had indicated in his statements that rival countries, especially China, deliberately devalue their currencies, making trade competition unfair, which was understood as an indication that Washington would accept policies that contribute to weakening the dollar in order to enhance the competitiveness of American exports in global markets.

 A Weak Dollar: Trade Gains And Monetary Risks

A weaker dollar usually makes U.S. exports more attractive in terms of price, which supports the manufacturing sector and reduces the trade deficit. However, this policy carries risks related to the erosion of the currency's purchasing power, which prompts investors to seek safer hedging instruments.

In this context, investors have begun to redirect an increasing portion of their investment portfolios towards gold, amid expectations that pressure on the dollar will continue in the coming period.

Silver Enters The Spotlight

The momentum was not limited to gold alone, as silver prices recorded a remarkable rise of nearly 60% since the beginning of this year, in a performance that is considered one of the strongest among the different asset classes.

Analysts attribute this rise to the return of what is known in the markets as "Debasement Trade," that is, betting on the erosion of the value of paper currencies, and the trend towards precious metals as a store of value and a means of hedging against monetary risks.

Are We Witnessing A Shift In Investor Behavior?

Recent developments are raising increasing questions about whether markets are entering a new phase, in which confidence in paper currencies is declining in favor of gold and silver, especially in light of escalating trade tensions and the increasing use of monetary policies as an economic tool.

Observers believe that what is happening in the precious metals markets may not be a temporary wave, but rather a reflection of a deeper shift in investors' expectations regarding the future of the dollar and the global monetary system.   https://economy-news.net/content.php?id=65141 

Fiscal And Monetary Policies: Between Divergence And Unified Vision

Economy News – Baghdad   Economic expert Dr. Haitham Hamid Mutlaq Al-Mansour                                                  

An analysis of the Iraqi economy at the macro level clearly reveals that the failure to coordinate government and monetary policy, in terms of both objectives and tools, only confirms its persistent structural crises stemming from weak governance. It is evident that the deep imbalances in the macroeconomy are an inevitable consequence of the divergence and absence of a unified strategic vision.

The two policies operate in isolation, and the dominant fiscal policy tools, centered on oil revenues and their consumption, taxes, deficits, and public debt, undermine the effectiveness of monetary policy. This over-reliance has contributed to weakening economic diversification, exacerbating financial fragility, and linking economic stability to the volatility of global markets.

This rentier model has led to a decline in the effectiveness of monetary policy, liquidity management, inflation control, and exchange rate stability, thus transforming monetary policy into a defensive rather than a proactive one. Furthermore, budget instability inevitably leads to liquidity volatility, weakened monetary planning, and a loss of forecasting tools.

Consequently, the central bank becomes subservient to public finances instead of leading them, forcing it to finance deficits and prop up the exchange rate to fund salaries, thereby jeopardizing its independence. In this scenario, monetary policy becomes subordinate to public finances.

 As specialists know, the expansion of salaries and subsidies, weak tax collection, chronic budget deficits, and rentierism compel the central bank to constantly intervene to protect the dinar rather than manage growth. In such cases, monetary policy becomes reactive rather than developmental. Alternatively, inaction would lead to increased inflation, exchange rate volatility, declining confidence in the Iraqi dinar, capital flight, and the erosion of savings.

Therefore, we see that most government spending methods for fiscal policy are economically inefficient, as they rely on current spending represented by salaries, government subsidies, fluctuating revenues, and recurring government fiscal deficits, which generates conflicting objectives and continuous pressure on monetary policy.

Unified Vision Of The Two Policies

Hence the importance and necessity of building a unified vision that ensures coordination in objectives and tools, and strategic harmony between fiscal and monetary policy in setting economic priorities and selecting implementation methods. This guarantees that public resources are directed towards achieving stability, growth, and sustainable development, avoiding conflicting and fragmented decisions.

The unified vision derives its importance from its ability to enhance macroeconomic stability, reduce the risks of inflation and monetary imbalances, increase the efficiency of public resource utilization, and bolster investor and market confidence. It also ensures the sustainability of medium- and long-term policies.

One of the manifestations of the lack of a unified vision, clearly evident in the reality of the Iraqi economy, is the existence of fiscal expansion coupled with monetary tightening.

This is further compounded by short-term spending objectives at the expense of long-term monetary goals, and a conflict between stimulating demand, controlling liquidity, and curbing inflation. Additionally, there is a duplication of economic decisions, which weakens the effectiveness of public policies.

 Foundations for building a unified vision

To unify strategic objectives, the two policies should agree on a set of central goals, including:

Price stability, fiscal sustainability, support for real growth, and enhancement of employment and purchasing power.

Linking oil spending to clear development plans.

Coordinating reserve management with fiscal policy.

Directing spending towards productive sectors.

Aligning the exchange rate with development goals.

This transforms economic policy from crisis management to development management.

Obstacles to achieving coordination between the two policies

Iraq suffers from fundamental obstacles that hinder coordination between the two policies and reinforce the divergence between them, which together constitute real challenges for the decision-maker, the most important of which are:

The fragility of the financial and banking system, the weakness of financial inclusion, the limited productive credit, and the control of government banks over employment levels will all lead to disruption of monetary policy transmission channels.

The absence of a national strategic framework and the lack of a comprehensive economic vision linking the budget, monetary policy, development plans, and public debt management result in fragmented policies and conflicting priorities.

The imbalance in the structure of public spending, the volatility of public revenues, and the reliance on fluctuating sources, especially oil revenues, lead to instability in the general budget and make it difficult for the central bank to build long-term monetary policies under the dominance of public finances.

Weak institutional coordination between the Ministry of Finance, the Central Bank and other relevant ministries.

The cumulative interaction of obstacles means that these obstacles do not operate in isolation, but rather interact with each other, such that: rent-seeking + financial dominance + weak institutions + political pressures = a chronic structural imbalance in economic coordination. This renders partial reforms insufficient without a comprehensive and fundamental overhaul.

Corruption and systematic waste have deepened in the allocation of resources and their deviation from their true economic course.

Thus, economic policy in Iraq is regressing from being a long-term strategy and using the rentier tool for spending to ensure short-term stability, which is reflected socially in the management of poverty as temporary solutions such as the food ration card, government employment and social welfare, and the end result is the sustainability of structural poverty and the growth of consumer culture.

All the above points pose real challenges to government policy towards transforming it from a state of divergence to a state of coordination.

Effective economic policy comes as a long-term strategy aimed at achieving diversification of income and exports through coordination between fiscal and monetary policies, to address the imbalance in priorities through an economic government that rebuilds long-term policies that support the rentier economy with more diversification, deepen development, achieve stable and diversified growth, and create job opportunities, through the development of non-oil sectors to build a productive and diversified economy that reduces corruption and raises productivity. https://economy-news.net/content.php?id=65170