“Tidbits From TNT” Tuesday 3-10-2026
TNT:
Tishwash: Reuters: Trump is reviewing options today to control oil prices and maintain market stability.
Reuters, citing two sources familiar with the matter, reported that US President Donald Trump is expected to review a range of options today to control oil prices.
The sources explained that the options include “restricting oil exports, intervening in futures markets, and exemption from some federal taxes.”
For her part, the White House spokeswoman confirmed that “we have a strong plan in place to maintain the stability of the energy market.”
TNT:
Tishwash: Reuters: Trump is reviewing options today to control oil prices and maintain market stability.
Reuters, citing two sources familiar with the matter, reported that US President Donald Trump is expected to review a range of options today to control oil prices.
The sources explained that the options include “restricting oil exports, intervening in futures markets, and exemption from some federal taxes.”
For her part, the White House spokeswoman confirmed that “we have a strong plan in place to maintain the stability of the energy market.” link
Tishwash: Political analyst: The Sudanese candidate is the most likely to win a second term after recent political developments.
Political analyst Haider Al-Humaidawi confirmed that Prime Minister Mohammed Shia Al-Sudani’s chances of renewing his term have become the highest at the present stage, in light of the recent political data and internal and external positions related to the file of the next government’s leadership.
Al-Humaidawi said that the political indicators circulating suggest that Al-Sudani has the best chance of leading the government again, especially after the messages that spoke of an American position that was not encouraging for the return of former Prime Minister Nouri Al-Maliki to the position, despite him being one of the most prominent competitors for the premiership.
He added that these developments also coincided with the clarification issued by the head of the Supreme Judicial Council, Faiq Zaidan, regarding the issue of the “largest bloc,” and the constitutional and political discussions it raised about the mechanisms for forming the next government.
Al-Humaidawi explained that there are other political factors within the coordination framework that enhance Al-Sudani’s chances, noting that some key forces within the coalition have expressed clear reservations about nominating Al-Maliki for the premiership.
He explained that the Sadiqun bloc and the Hikma movement expressed an unenthusiastic stance towards Maliki’s return to the premiership, which, according to his assessment, strengthens the chances of Sudani remaining in office during the next phase.
Al-Humaidawi pointed out that these political indicators make Al-Sudani, in his estimation, the closest candidate to lead the next government by a percentage of up to about 90%, especially in light of the efforts of the Coordination Framework forces to maintain the cohesion of the alliance and avoid entering into an early conflict over the position of Prime Minister.
He concluded by saying that current data suggests that al-Sudani may be "the man of the next phase," unless new political changes occur that reshuffle the cards within political alliances before the upcoming elections. link
***************
Tishwash: Liquidity crisis hits Iraq’s major state banks
"Security concerns" are driving Iraqis to withdraw their money from state-owned banks.
An informed source reported on Monday that state-owned banks in Iraq, particularly Rafidain Bank and Rasheed Bank, are suffering from a severe liquidity crisis and a shortage of cash, with a clear decline in the funds available within those banks.
The source told Shafaq News Agency that "citizens who have deposited money have been withdrawing their funds from government banks recently as a result of security concerns and developments in the region."
He added that these concerns stem from escalating regional tensions, particularly the war between the United States and Israel on one side, and Iran on the other, and the potential repercussions this could have on the security and economic situation in Iraq.
The source indicated that government banks are still suffering from problems resulting from administrative and legal violations in their work, as they have not witnessed serious steps to develop their banking systems in recent years, as they still rely heavily on paper procedures and traditional methods of work, far from adopting electronic systems and modern banking technologies.
According to him, the lack of efficiency and experience in the management of some government banks, especially Al-Rafidain and Al-Rasheed, along with the slow pace of modernization and development, contributed to their work remaining backward, which negatively affected the level of banking services and the citizens’ confidence in the government banking sector.
The source continued, saying that "some branches of government banks are asking customers to wait or come back later to receive their money in full, while some branches are providing part of the required amount and postponing the delivery of the rest."
This crisis comes amid economic conditions and financial pressures facing the relevant institutions and the government in general, which has directly affected a wide segment of citizens.
On February 28, the United States and Israel launched a series of raids on targets inside Iran, including the capital Tehran, resulting in significant damage and civilian casualties, in addition to the assassination of Iranian Supreme Leader Ali Khamenei and a number of Revolutionary Guard and Army commanders.
Iran responded to the "American-Israeli" attack, resulting in widespread repercussions in the countries of the region, including Iraq, Israel, Jordan, Kuwait, Bahrain, Qatar, the UAE and Saudi Arabia. link
Mot: In-Laws
THE NEXT GLOBAL FINANCIAL COLLAPSE (EXPLAINED)
THE NEXT GLOBAL FINANCIAL COLLAPSE (EXPLAINED)
GoldSwitzerland by VON GREYERZ: 3-10-2026
Every monetary system in history has eventually collapsed. Now, we're approaching the end of the current dollar-based era.
In this video, Egon mentions what happens when a monetary system reaches its final stage and how holding physical gold and silver may be the only way to protect your savings.
THE NEXT GLOBAL FINANCIAL COLLAPSE (EXPLAINED)
GoldSwitzerland by VON GREYERZ: 3-10-2026
Every monetary system in history has eventually collapsed. Now, we're approaching the end of the current dollar-based era.
In this video, Egon mentions what happens when a monetary system reaches its final stage and how holding physical gold and silver may be the only way to protect your savings.
Iraq Economic News and Points To Ponder Tuesday Afternoon 3-10-26
Opinion: US-Iran War To Shake Global Economy But Remain Short
2026-03-10 Shafaq News- Washington The war between the United States and Iran will have broad repercussions for the global economic environment, a financial analyst told Shafaq News on Tuesday, suggesting the conflict is unlikely to last long.
According to analyst Peter Tanos, oil prices will remain elevated until political leaders reach a settlement. “The US financial system is capable of absorbing the current pressures, as its resilience allows it to withstand the war’s economic repercussions without posing a serious threat to financial stability.”
Opinion: US-Iran War To Shake Global Economy But Remain Short
2026-03-10 Shafaq News- Washington The war between the United States and Iran will have broad repercussions for the global economic environment, a financial analyst told Shafaq News on Tuesday, suggesting the conflict is unlikely to last long.
According to analyst Peter Tanos, oil prices will remain elevated until political leaders reach a settlement. “The US financial system is capable of absorbing the current pressures, as its resilience allows it to withstand the war’s economic repercussions without posing a serious threat to financial stability.”
Tanos said that the US Federal Reserve faces a complex economic dilemma as employment data weakens while inflation risks rise due to the war. The Fed may opt to keep interest rates unchanged for the time being because cutting them to stimulate the economy could increase inflationary pressure.
“The dollar will remain the world’s leading reserve currency and a haven during geopolitical crises,” he indicated, noting that the dollar may face futures competition, but it is likely to remain the primary choice in global trade.
Regarding precious metals markets, Tanos said gold will continue to play its traditional role as a safe haven during periods of uncertainty, though he warned against excessive expectations of further gains. Prices surged over the past year, he noted, meaning the metal’s capacity for substantial additional increases may be limited.
Assessing the trajectory of the conflict, Tanos suggested that “the United States and Israel maintain complete air superiority over Iran and can target any location,” making Tehran’s ability to withstand such pressure limited over time. He predicted that initiatives to end the war could emerge within about a week as military and economic pressures intensify. For Shafaq News, Mostafa Hashem, Washington, D.C.https://www.shafaq.com/en/Economy/Opinion-US-Iran-war-to-shake-global-economy-but-remain-short
Foreign Oil Companies Leave Iraq’s Akkas Gas Field Over Security Concerns
2026-03-10 Shafaq News- Al-Anbar Foreign oil companies operating at Iraq’s Akkas gas field have begun temporarily leaving the site in Al-Anbar province pending a security assessment, a source in the Provincial Council told Shafaq News on Tuesday.
The companies decided to suspend their presence at the field less than two months after starting operational work, and the move will remain in effect until the security situation in the area is reassessed.
Days earlier, the US-based Gulf Keystone Petroleum halted operations at the Shaikan oil field in the Kurdistan Region as a precautionary measures, without specifying how long the suspension would last. A similar move was taken by Dubai-listed Dana Gas and Oslo-listed DNO.
Eighteen Chinese oil experts and workers from the US oil services company Weatherford, operating in the Rumaila oil field also decided to left Iraq “temporarily” through the Safwan border crossing in Basra province, however, a source told Shafaq News that due to a lack of prior coordination with Kuwaiti authorities the group is still at the crossing. https://www.shafaq.com/en/Economy/Foreign-oil-companies-leave-Iraq-s-Akkas-gas-field-over-security-concerns
Read more: Iraq’s oil lifeline under pressure: US-Iran war reshapes Baghdad’s economic calculus
Iraq Exports 6.5M Barrels Of Oil To US In February
2026-03-10 Shafaq News- Baghdad/ Washington Iraq exported 6.552 million barrels of crude oil to the United States in February, the US Energy Information Administration (EIA) said on Tuesday.
According to the EIA, the volume declined from 7.037 million barrels exported in January, placing Iraq fourth among oil suppliers to the United States, behind Canada, Saudi Arabia, and Mexico. Iraqi shipments averaged 249,000 barrels per day in the first week of February, 371,000 bpd in the second, 160,000 bpd in the third, and 154,000 bpd in the fourth.
Among Arab exporters, Iraq placed second after Saudi Arabia, which shipped 15.176 million barrels, while Libya followed with 2.99 million barrels. https://www.shafaq.com/en/Economy/Iraq-exports-6-5M-barrels-of-oil-to-US-in-February
Gulf Giants Slash 6.7M Barrels From Daily Output
2026-03-10 Shafaq News- Washington Saudi Arabia, Iraq, the United Arab Emirates, and Kuwait have cut oil production by a combined 6.7 million barrels per day, about one-third of their total output, Bloomberg reported on Tuesday.
According to the data, Saudi Arabia reduced production by 2 million to 2.5 million barrels daily, while Iraq implemented the largest cut, lowering output by roughly 2.9 million barrels per day. The UAE trimmed production by 500,000 to 800,000 barrels, and Kuwait by around 500,000 barrels per day.
The cuts came as Iran’s Islamic Revolutionary Guard Corps (IRGC) declared it has “full control” over the chokepoint, while ship-tracking services showed dozens of tankers idling on both sides. The Strait of Hormuz handles roughly 4.5% of total global trade annually. Oil prices jumped more than 20% on Monday to their highest levels since July 2022, as tensions escalate and concerns mount over potential disruptions to energy supplies and shipping through the waterway. https://www.shafaq.com/en/Economy/Gulf-giants-slash-6-7M-barrels-from-daily-output
Read more: Iraq’s lifeline under pressure: US-Iran war reshapes Baghdad’s calculus
Iraq Cuts 2.9M Bpd, Biggest Oil Production Reduction Globally
2026-03-10 Shafaq News- Baghdad Iraq has cut its oil production by about 2.9 million barrels per day, making it the country with the largest production reduction globally amid the US-Israeli war with Iran and the closure of the Strait of Hormuz, an economic said on Tuesday.
In a statement, Nabil Al-Marsoumi noted that Saudi Arabia reduced its output by between 2 and 2.5 million barrels per day, while the United Arab Emirates cut production by about 800,000 to 900,000 barrels per day, and Kuwait by around 500,000 barrels per day. The combined reductions by these countries reached approximately 6.7 million barrels per day, equivalent to one-third of their oil production and about 6% of global supply.
Despite these cuts, oil prices fell below $90 per barrel, after the Group of Seven (G7) asked the International Energy Agency (IEA) to prepare plans to release emergency oil reserves to address supply shortages and rising prices.
https://www.shafaq.com/en/Economy/Iraq-cuts-2-9M-bpd-biggest-oil-production-reduction-globally
Iraq Moving Forward With Securing Oil Exports, Prime Minister’s Adviser Says
Baghdad – INA Financial adviser to the Prime Minister, Muddher Mohammed Salih, affirmed on Tuesday that Iraq is proceeding with efforts to secure its oil exports in order to maximize revenues and address the budget deficit.
He also reviewed alternative export routes available to Iraq to confront geopolitical challenges, stressing that the continued flow of Iraqi oil is essential to secure 90 percent of state revenues.
Salih told the Iraqi News Agency (INA) that Iraq will continue exporting oil from both an economic and practical standpoint, even amid rising prices, noting that the Iraqi economy relies heavily on oil revenues, which account for more than 85–90 percent of public budget income.
He explained that the continuity of exports does not depend solely on price levels but on several key factors, most notably security stability along maritime export routes, particularly through the Strait of Hormuz, the logistical capacity of southern ports in Basra, and global demand for oil—especially from Asian countries such as China and India. He noted that higher prices provide Iraq with greater incentives to increase exports in order to maximize revenue.
Salih added that if oil prices remain elevated for an extended period, Iraq could potentially reduce or cover a large portion of the budget deficit, increase the government’s fiscal surplus, and strengthen the foreign reserves of the Central Bank of Iraq.
He indicated that this outcome depends on three main factors: daily production levels—estimated at 3–4 million barrels per day—high government spending within the budget, and compliance with production quotas under OPEC and the OPEC+ alliance.
He stressed that while higher prices are helpful, they are not the sole solution to the deficit, as Iraq’s structural economic problem lies in its near-total dependence on oil. He noted that if exports through the Gulf encounter security or geopolitical challenges, as is currently the case, Iraq possesses several alternative export routes.
Among these alternatives, Salih highlighted the pipeline through Turkey, specifically the Kirkuk–Ceyhan pipeline leading to the Turkish port of Ceyhan on the Mediterranean Sea, which reduces reliance on the Strait of Hormuz.
He also referred to exports via southern ports in Basra, including the Basra Oil Port and Khor Al-Amaya Port, which currently represent the primary outlets for Iraqi exports.
He further noted the proposed Iraq–Jordan pipeline project, which would extend to the Jordanian port of Aqaba, granting Iraq access to the Red Sea. In addition, he mentioned the possibility of future connectivity with Saudi Arabia through the revival of older export pipelines toward the kingdom and the Red Sea.
Salih pointed out that other alternatives include expanding domestic oil refining capacity by constructing new refineries to export petroleum products rather than crude oil alone. He also referenced the option of transportation by tanker trucks, noting that the availability of 20,000 tankers could theoretically transport more than three million barrels per day.
However, he stressed that using trucks to transport such volumes is economically impractical compared with pipelines or maritime shipping. According to studies, transporting three million barrels of crude oil per day by truck would require a convoy stretching approximately 500 kilometers, making the option largely unfeasible.
He added that the operational capacity of road transport would likely not exceed 10 percent, even toward destinations such as Aqaba in Jordan.
IEA Calls For An Emergency Meeting On Strategic Reserves
Today, 18:08 INA–Follow up AFP reported on Tuesday that the International Energy Agency (IEA) has called for an emergency meeting regarding strategic reserves.
"The IEA has called for an emergency meeting regarding strategic reserves," according to the agency.
https://ina.iq/en/economy/46409-iea-calls-for-an-emergency-meeting-on-strategic-reserves.html
How To Make Sure A Windfall Lasts
How To Make Sure A Windfall Lasts
Moneywise Sun, March 8, 2026
‘We are super screwed’: This couple spent a $171K inheritance in less than a year.
Inheriting a windfall may seem like a dream come true, but it can cause tremendous anxiety and guilt, and it can even leave you financially worse off.
For instance, Mike and Noel, both 34 and recently married, burned through a $171,000 inheritance in about a year. You can imagine how that left them feeling.
How To Make Sure A Windfall Lasts
Moneywise Sun, March 8, 2026
‘We are super screwed’: This couple spent a $171K inheritance in less than a year.
Inheriting a windfall may seem like a dream come true, but it can cause tremendous anxiety and guilt, and it can even leave you financially worse off.
For instance, Mike and Noel, both 34 and recently married, burned through a $171,000 inheritance in about a year. You can imagine how that left them feeling.
“We are super screwed,” Noel told Ramit Sethi on an episode of his podcast, I Will Teach You To Be Rich (1).
And it’s not like they are in dire circumstances. Mike earns a six-figure salary and is supporting Noel while she finishes law school — but they have always struggled with debt and money management, even before the inheritance.
While they used some of the inheritance to pay off debt, they quickly accumulated more: Noel spent $30,000 on furniture, $10,000 on clothes and $10,000 on a trip to Mexico. Mike purchased a hair transplant and Pokémon cards, which he considered an “investment.”
Now, they have $30,000 in assets, another $30,000 in investments and zero savings after spending the inheritance, but they are also $244,000 in debt, leaving them with a negative net worth of roughly -$200,000.
Because of it, Noel said she regrets treating the money like “guilt-free spending,” while Mike said he feels anxious and stressed, leading to tension and fights over finances.
While there are a lot of issues to unpack here — from Mike’s anxiety around money to Noel’s addiction issues — their situation demonstrates how quickly a windfall can disappear without clear priorities, budgeting and an investment plan. It also underscores the risks of lifestyle creep and impulsive spending.
If you’re in line for a significant financial windfall, here are some tips to make that inheritance last.
The Great Wealth Transfer
Even if you aren’t in line for multigenerational wealth, large inheritances might become more common than you think.
Through 2048, Gen X and millennials are projected to inherit $124 trillion in assets — what’s referred to as America’s Great Wealth Transfer — with Gen X expected to receive the largest share of assets over the next decade, according to the latest Cerulli Associates report (2).
However, the problem is that some heirs treat inheritances like regular income rather than long-term capital.
Part of the reason could be psychological. Noel, for example, inherited the money from her dad, with whom she had a difficult relationship. “He was an alcoholic and addict and was really not in my life, and so I had a lot of guilt [about inheriting his assets],” she told Sethi.
And she’s not alone. A Harris Poll report found that inheritances come with complex emotions: A third (33%) of younger recipients feel stress managing larger or more complex assets, and a similar share (34%) worry about mismanaging those assets (3).
According to the same report, while most inheritors feel grateful and relieved by newfound financial security, 20% feel pressure, 18% feel anxiety and 15% feel guilt.
This phenomenon is sometimes called Sudden Wealth Syndrome, a psychological condition affecting people who suddenly acquire wealth — through an inheritance, lottery, legal settlement or other windfall. Causes can include feeling disconnected from one’s previous life or an intense fear of losing it all.
These feelings can lead to decision paralysis or poor financial choices.
Making the most of an inheritance
In short, inheriting a windfall can be overwhelming. While a large inheritance can help you pay off debt and invest for the future, it can also be very tempting to go on a spending spree.
Friends and family might also offer unsolicited advice — regardless of whether you ask for it.
That’s why having a plan in place — one tailored to your specific circumstances — can go a long way in helping you make your inheritance last. Without one, even a six-figure windfall can quickly evaporate.
To Read More: https://finance.yahoo.com/news/super-screwed-couple-spent-171k-121500075.html
FRANK26…3-9-26….BANK STORIES
KTFA
Monday Night Video
FRANK26…3-9-26….BANK STORIES
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Monday Night Video
FRANK26…3-9-26….BANK STORIES
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
News, Rumors and Opinions Tuesday 3-10-2026
Ariel: The President has Given you Many Signs
3-10-2026
Are You All Paying Attention?
Security & Stabilization
Truth Social Prophecy Post (March 9, 2026): The direct quote “There shall be a break in the financial system in the Middle East, the DINAR! And then he shall say: why, WHY NOW?!
Ariel: The President has Given you Many Signs
3-10-2026
Are You All Paying Attention?
Security & Stabilization
Truth Social Prophecy Post (March 9, 2026): The direct quote “There shall be a break in the financial system in the Middle East, the DINAR! And then he shall say: why, WHY NOW?!
And once everything seems at their worst, I shall bring it forth, and I shall free them up. There shall be prosperity in a place you least expect it.” mirrors Clement’s exact wording on the Iraqi Dinar as a trigger for global wealth shifts.
In context of Iran’s instability (post-Khamenei succession chaos and U.S. strikes), this frames the “break” as imminent regime/oil/financial collapse in the region, with IQD as the beneficiary. And you are taking part in all of this as it unfolds.
How can people continue to deny this when the president of the United States is constantly giving you all of these hints?
Mark Savaya Photo (January 2026): U.S. Special Envoy to Iraq Mark Savaya (Iraqi-origin appointee) posted a photo of himself with Trump in a strategy session, showing an old Sadaam-era Iraqi 5-dinar banknote (or coin in some reports) prominently on the desk.
Caption: “A great day with the greatest.” This image went viral in dinar circles as a blatant symbol Trump physically handling/positioning pre-2003 IQD currency (Sadaam notes) signals intent to “restore” or elevate the dinar’s value.
Savaya’s role in U.S.-Iraq policy adds weight: his appointment ties to Trump’s Iraq strategy, and the photo implies high-level discussions involving currency legacy.
Broader Contextual Hints: Trump’s repeated emphasis on Middle East “prosperity” post-conflict, oil price stabilization promises, and demands for Iraqi alignment (via envoy channels) feed into dinar narratives.
No direct “RV announcement,” but the timing amid Iran war costs, regional financial strain, and U.S. leverage over Iraq creates the “worst” conditions Clement described.
Think about this If interpreted through the RV lens (a long-standing belief in a massive upward revaluation, often to 1:1 or higher with USD), these signals suggest Trump is positioning for or at least not opposing a currency reset tied to post-conflict reconstruction and resource realignment.
Read Full Article: https://www.patreon.com/posts/president-has-do-152647954
https://dinarchronicles.com/2026/03/09/prolotario-the-president-has-given-you-many-signs/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat The RV...will NOT happen until the issues with Iran are settled, per my CBI contact...We know this wealth transfer is coming and the RV is part of it...
Jeff I want you to realize how close you are to the rate change. When you look at this more from the angle of what they're doing versus what they tell you, you can see how close you are to the timing of the rate change. When the war ends, they can quickly form the government...After the president is done and voted in there's only three pieces left. Announcing the prime minister, the prime minister completing his cabinet and then a final parliamentary vote and approval on his cabinet...If they extend Sudani's term you get all three final remaining steps done which would allow them to potentially revalue in the remaining month of March.
Ariel The narrative that banks are being prepared for a significant event is not new. Several individuals have come forward sharing their experiences from private meetings with bank management, where they’ve been told that banks are gearing up for a major change...The prospect of a currency revaluation, starting with Iraq, has significant implications for the global economy. It suggests a shift in the balance of power, with Iraq potentially emerging as a major player in the region. As the situation continues to unfold, it’s clear that security and stability will be crucial in determining the outcome...As the world watches with bated breath, one thing is clear: the currency revaluation is coming, and Iraq is likely to be at the forefront of this change.
****************
If Silver Fails To Deliver In March, The Whole Financial System Ends In 72 Hours! - Bill Holter
Financial Wisdom: 3-9-2026
Seeds of Wisdom RV and Economics Updates Tuesday Morning 3-9-26
Good Morning Dinar Recaps,
BRICS Currency Strategy Expands as Alliance Pushes to Challenge Dollar Dominance
Five major financial ambitions signal long-term plans to reshape the global monetary system
Overview
The economic bloc known as BRICS is continuing to explore multiple pathways to reduce dependence on the U.S. dollar and build alternative financial infrastructure.
Good Morning Dinar Recaps,
BRICS Currency Strategy Expands as Alliance Pushes to Challenge Dollar Dominance
Five major financial ambitions signal long-term plans to reshape the global monetary system
Overview
The economic bloc known as BRICS is continuing to explore multiple pathways to reduce dependence on the U.S. dollar and build alternative financial infrastructure.
Following Western sanctions against Russia in 2022, BRICS nations accelerated discussions about currency cooperation, payment systems, and alternative settlement mechanisms.
While momentum slowed somewhat after pressure from Donald Trump, the alliance’s long-term financial ambitions remain intact.
From a potential shared currency to digital payment infrastructure, BRICS is developing five key monetary initiatives designed to gradually reshape global trade and finance.
Key Developments
1. A Proposed BRICS Common Currency
One of the most widely discussed initiatives is the potential creation of a shared BRICS currency for international trade settlement.
The idea involves developing a new unit of account that member nations could use for cross-border trade, reducing reliance on the U.S. dollar in international transactions.
Such a currency could:
Facilitate trade between developing economies
Reduce exposure to Western financial sanctions
Strengthen economic integration among BRICS members
Although still in the conceptual phase, the proposal reflects growing interest in creating a parallel monetary system.
2. Expanding De-Dollarization Efforts
Another major objective is de-dollarization, a strategy aimed at reducing the role of the U.S. dollar in global trade and financial reserves.
Several BRICS members have already begun:
Reducing dollar holdings
Increasing gold reserves
Conducting trade in non-dollar currencies
Countries across Asia, Africa, and Latin America are increasingly exploring similar policies as they seek to diversify financial risk and reduce exposure to Western sanctions.
3. Local Currency Trade Agreements
A more immediate and practical initiative involves expanding trade settlements using national currencies.
For example, trade between **China and Russia has already shifted dramatically toward local currency settlement.
Recent estimates suggest that more than 90% of trade between the two countries now occurs using the Chinese yuan and Russian ruble, bypassing the dollar entirely.
Expanding such arrangements among other BRICS members could significantly reduce the dollar’s role in emerging market trade.
4. Development of the BRICS Pay System
Another major initiative under discussion is BRICS Pay, a financial settlement system designed to connect central banks and financial institutions across member nations.
The system would allow:
Direct bank-to-bank transactions
Cross-border payments without relying on Western financial networks
Faster and cheaper trade settlement
If implemented, BRICS Pay could function as an alternative to global payment systems that currently dominate international transactions.
5. Linking Central Bank Digital Currencies
The most technologically ambitious proposal involves connecting the central bank digital currencies (CBDCs) of BRICS nations into a unified settlement network.
The Reserve Bank of India has proposed linking digital currencies from BRICS central banks, potentially creating a shared digital settlement mechanism.
Such a system could allow participating countries to:
Conduct instant cross-border transactions
Reduce currency conversion costs
Increase financial independence from traditional banking networks
The concept is expected to be discussed further at the upcoming BRICS summit in New Delhi.
Why It Matters
BRICS initiatives represent one of the most significant challenges to the existing global financial system in decades.
The current international monetary system remains heavily centered around the United States dollar, which dominates:
Global trade settlements
Central bank reserves
International financial markets
Efforts to build alternative systems could gradually create a more diversified and multipolar monetary landscape.
Why It Matters to Foreign Currency Holders
For those watching global financial developments closely, the BRICS currency strategy highlights long-term structural changes underway in the international monetary system.
If these initiatives expand successfully, they could lead to:
Greater use of non-dollar currencies in global trade
Alternative settlement networks outside Western financial infrastructure
New digital currency platforms connecting emerging economies
However, such transformations typically occur gradually over many years rather than through sudden change.
Implications for the Global Reset
Pillar 1: Parallel Financial Infrastructure Emerging
BRICS initiatives show that major economies are actively exploring parallel financial architecture rather than relying solely on Western systems.
This includes:
Alternative payment systems
Local currency trade settlements
New digital currency networks
Together, these efforts could gradually reduce the dominance of a single global financial center.
Pillar 2: Multipolar Currency System
Instead of replacing the dollar outright, the emerging trend may lead to a multipolar currency environment where several major currencies and settlement systems coexist.
This type of system would likely feature:
Regional financial blocs
Multiple reserve currencies
Diversified payment infrastructure
Such a shift would represent a structural transformation of global finance.
Conclusion
The five currency ambitions outlined by BRICS reflect a broader effort to reshape the global financial landscape.
From local currency trade to digital settlement systems, the alliance is exploring ways to build financial independence from traditional Western-dominated structures.
While these initiatives remain in various stages of development, they signal a clear strategic direction: the gradual construction of an alternative economic ecosystem alongside the existing global monetary system.
Whether the effort ultimately succeeds or not, the momentum toward a more diversified financial order is unmistakable.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
~~~~~~~~~~
🌱 A Message to Our Currency Holders🌱
If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.
What failed was not your patience — it was the information you were given.
For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.
That is not your failure.
Our mission here is different: • No dates • No rates • No hype • No gurus
Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process
Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.
You will see silence. You will see denials. That is not delay — that is discipline.
Protect your identity. Organize your documents. Verify everything.
Never hand your discernment to anyone who cannot show proof.
You deserve truth — not timelines.
Seeds of Wisdom Team
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Tuesday Morning 3-10-26
USD/IQD Exchange Rates Slip In Baghdad And Erbil
2026-03-10 Shafaq News- Baghdad/ Erbil The US dollar opened Tuesday’s trading lower in Iraq, hovering around 155,000 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 155,500 dinars per 100 dollars, down from the previous session’s 155,750 dinars.
USD/IQD Exchange Rates Slip In Baghdad And Erbil
2026-03-10 Shafaq News- Baghdad/ Erbil The US dollar opened Tuesday’s trading lower in Iraq, hovering around 155,000 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 155,500 dinars per 100 dollars, down from the previous session’s 155,750 dinars.
In the Iraqi capital, exchange shops sold the dollar at 156,000 dinars and bought it at 155,000 dinars, while in Erbil, selling prices stood at 154,600 dinars and buying prices at 155,500 dinars.
https://www.shafaq.com/en/Economy/USD-IQD-exchange-rates-slip-in-Baghdad-and-Erbil-6
Gold Prices Climb In Baghdad, Erbil
2026-03-10 Shafaq News- Baghdad/ Erbil On Tuesday, gold prices hovered around 1.13 million IQD per mithqal in Baghdad and Erbil markets, according to a survey by Shafaq News Agency.
Gold prices on Baghdad's Al-Nahr Street recorded a selling price of 1.130 million IQD per mithqal (equivalent to five grams) for 21-carat gold, including Gulf, Turkish, and European varieties, with a buying price of 1.126 million IQD. The same gold had sold for 1.110 million IQD on Monday.
The selling price for 21-carat Iraqi gold stood at 1.100 million IQD, while the buying price reached 1.096 million IQD.
In jewelry stores, the selling price per mithqal of 21-carat Gulf gold ranged between 1.130 million and 1.140 million IQD, while Iraqi gold sold for between 1.100 million and 1.110 million IQD.
In Erbil, 22-carat gold was sold at 1.175 million IQD per mithqal, 21-carat gold at 1.121 million IQD, and 18-carat gold at 961,000 IQD. https://www.shafaq.com/en/Economy/Gold-prices-climb-in-Baghdad-Erbil-2-2
Basrah Crude Tops $100 Mark In Rare Price Spike
2026-03-10 Shafaq News- Basrah Iraq’s Basrah crude climbed on Tuesday, hovering near $100 a barrel, amid a decline in global oil markets.
Basrah Heavy crude rose 21.29% to $100.21 per barrel, while Basrah Medium crude gained 20.80%, reaching $102.16 per barrel.
Brent crude futures fell $4.17, or 4.2%, to $94.79 a barrel. US West Texas Intermediate (WTI) crude was down $3.81, or 4%, to $90.96 a barrel. https://www.shafaq.com/en/Economy/Basrah-crude-tops-100-mark-in-rare-price-spike
Iraq–Iran Trade Continues At Shalamcheh Crossing Despite Explosions Across Border
2026-03-10 Shafaq News- Basra Commercial traffic at the Shalamcheh border crossing in southern Iraq is continuing despite more than 20 explosions reported on the Iranian side of the border, a source at the crossing told Shafaq News.
Video footage captured by Shafaq News shows trucks and travelers continuing to move through the crossing, while flames can be seen rising from the Iranian side near the Iraqi border. Residents in Basra reported hearing a series of powerful explosions coming from across the border.
The crossing, located in Basra province in Iraq’s southern frontier with Iran, is one of the main trade gateways between the two countries, including for food supplies.
Head of Iraq’s Border Ports Authority, Lieutenant General Omar Al-Waeli, confirmed on Sunday that goods continue to enter Iraq around the clock without interruption, noting that border crossings have not been affected by the ongoing regional developments. The Ministry of Trade said the country’s food supply remains stable and under control, stressing that there are no signs of shortages in local markets following the recent US-Israeli strikes on Iran.
Iraq Avoids Force Majeure On Oil Exports Despite Production Collapse
2026-03-10 Shafaq News- Baghdad Iraq has refused to declare force majeure on its oil export contracts despite a sharp drop in production during the US-Israeli war on Iran, seeking to avoid signaling that it has entered the conflict, economist Ahmed Saddam told Shafaq News on Monday.
Saddam explained that the government’s decision aims to protect long-term oil contracts, preserve Iraq’s reputation in global markets, and avoid any indication that Baghdad is a party to the war. “Declaring force majeure could be interpreted as Iraq entering the conflict, which the government does not want."
Force majeure clauses allow suppliers to suspend deliveries without penalties when extraordinary circumstances make exports impossible. Iraq’s oil production has fallen from about 4.3 million barrels per day before the war to roughly 1.3 million, according to the Iraqi Oil Ministry, after tanker traffic through the Strait of Hormuz collapsed following the escalation. https://www.shafaq.com/en/Economy/Iraq-avoids-force-majeure-on-oil-exports-despite-production-collapse
Oil Prices Retreat Following Trump’s De-Escalation Comments
2026-03-10 Shafaq News Oil prices fell on Tuesday after hitting an over three-year high in the prior session as U.S. President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.
Brent futures fell $4.17, or 4.2%, to $94.79 a barrel at 0345 GMT, while U.S. West Texas Intermediate (WTI) crude was down $3.81, or 4%, to $90.96 a barrel. Both the contracts fell as much as 11% earlier before paring some losses.
Oil surged past $100 a barrel on Monday to hit their highest since mid-2022, as supply cuts by Saudi Arabia and other producers during the expanding U.S.-Israeli war with Iran stoked fears of major disruptions to global supplies.
Prices later retreated after Russian President Vladimir Putin held a call with Trump and shared proposals aimed at a quick settlement to the Iran war, according to a Kremlin aide, easing concerns about a prolonged supply disruption.
Trump said on Monday in a CBS News interview that he thinks the war against Iran "is very complete" and that Washington was "very far ahead" of his initial four- to five-week estimated timeframe.
"Clearly Trump's comments about a short-lived war has calmed markets. While there was an overreaction to the upside yesterday, we think there is an overreaction to the downside today," said Suvro Sarkar, energy sector team lead at DBS Bank, adding that the market is underappreciating risks at these levels for Brent.
"Murban and Dubai grades are still well above $100 per barrel, so practically nothing much has changed in terms of ground realities," he added, referring to benchmark Middle Eastern oil grades.
In response to Trump, Iran's Islamic Revolutionary Guards Corps (IRGC) said they would "determine the end of the war," and Tehran would not allow "one litre of oil" to be exported from the region if U.S. and Israeli attacks continued, state media reported on Tuesday, citing the IRGC's spokesperson.
Prices, however, remain under pressure as Trump considers easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices, according to multiple sources.
"Discussions around easing sanctions on Russian oil, comments from Donald Trump hinting that the conflict could eventually de-escalate, and the possibility of G7 countries tapping strategic oil reserves all pointed to the same message - that oil barrels will somehow continue to reach the market," said Phillip Nova analyst Priyanka Sachdeva in a note on Tuesday.
"Once traders sensed that supply routes could still be maintained, the initial 'panic premium' that had pushed prices above the $100 mark yesterday started to fade, and oil prices quickly pulled back."
(Reuters) https://www.shafaq.com/en/Economy/Oil-prices-retreat-following-Trump-s-de-escalation-comments
Reopening Of Most Border Crossings Between The Kurdistan Region And Iran
Money and Business Economy News – Baghdad The Kurdistan Region's Exporters and Importers Union announced on Tuesday the reopening of most border crossings with Iran, days after they were closed due to recent tensions between Iran, the United States, and Israel.
The union stated in a statement, which was reviewed by “Al-Eqtisad News”, that “the border crossings that were previously closed to trade with the region have been reopened again, with the exception of the Bashmakh crossing, which remained open and was not closed.”
The union explained in its statement that "the Shushmi-Tawila crossing was reopened on the eighth of this month, while the Siranband crossing was reopened on the evening of the ninth of the same month."
He added that "the Bashmakh border crossing is currently witnessing the entry of about 500 trucks daily loaded with transit goods and Iranian goods," noting that "the volume of imports coming from Iran is witnessing a gradual increase."
He explained that "most of the Iranian goods entering the region consist of foodstuffs, such as vegetables, fruits, dairy products and beverages of all kinds, as well as soft drinks, juices, chocolate and biscuits, in addition to other goods that were entering the region before the outbreak of the recent tensions."
According to the statement, other border crossings that are still closed are expected to reopen in the coming days.
https://www.economy-news.net/content.php?id=66582
The Civil Aviation Authority Announces The Extension Of The Closure Of Iraqi Airspace For (72) Hours
Money and Business Economy News – Baghdad The Civil Aviation Authority announced on Tuesday that it has extended the suspension of air traffic in the country's airspace for another 72 hours "as a temporary precautionary measure" due to the continued escalation of security tensions in the region.
The authority said in a statement received by “Al-Eqtisad News”, that “the closure of Iraqi airspace to all incoming, departing and transiting aircraft has been extended for (72) hours starting from 12:00 noon on Tuesday, March 10, 2026 (09:00 UTC) until 12:00 noon on Friday, as a temporary precautionary measure.”
She added that the decision comes "based on the ongoing assessment of the security situation and developments in the regional situation."
She noted that "the decision will be reassessed in light of new developments, with airlines and relevant parties being notified of any updates later."
On March 4, the Civil Aviation Authority extended the suspension of air traffic in the country's airspace for another 72 hours due to continued security tensions in the region. https://www.economy-news.net/content.php?id=66580
MilitiaMan and Crew: IQD News Update-Convergence-Political-Economic-REER Focus
MilitiaMan and Crew: IQD News Update-Convergence-Political-Economic-REER Focus
3-9-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: IQD News Update-Convergence-Political-Economic-REER Focus
3-9-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
FRANK26….3-9-26……USA!!!
KTFA
Monday Night Video
FRANK26….3-9-26……USA!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Monday Night Video
FRANK26….3-9-26……USA!!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Seeds of Wisdom RV and Economics Updates Monday Evening 3-9-26
Good Evening Dinar Recaps,
Emergency Oil Release Considered as G7 Moves to Stabilize Global Energy Markets
Oil prices plunge $15 in hours as major economies weigh a coordinated reserve release
Overview
Global oil markets experienced dramatic volatility after reports that the Group of Seven (G7) is considering a coordinated release of up to 400 million barrels of crude oil from strategic reserves.
Good Evening Dinar Recaps,
Emergency Oil Release Considered as G7 Moves to Stabilize Global Energy Markets
Oil prices plunge $15 in hours as major economies weigh a coordinated reserve release
Overview
Global oil markets experienced dramatic volatility after reports that the Group of Seven (G7) is considering a coordinated release of up to 400 million barrels of crude oil from strategic reserves.
The news sent U.S. oil prices plunging by roughly $15 per barrel within hours, dropping from a surge near $120 to around $108 per barrel.
The potential emergency release comes as ongoing disruptions in the Strait of Hormuz continue to restrict global energy shipments, threatening a broader supply shock across international markets.
If implemented, the move would likely be coordinated through the International Energy Agency (IEA) and could become one of the largest strategic oil interventions in modern history.
Key Developments
1. G7 Considering Massive Strategic Oil Release
According to reports, members of the Group of Seven are exploring a coordinated release of 300–400 million barrels of oil from emergency reserves to stabilize global markets.
The move is designed to:
Offset supply disruptions from the Middle East
Reduce extreme price spikes
Calm financial markets reacting to energy volatility
Collectively, G7 nations hold roughly 1.2 billion barrels of oil in strategic reserves, meaning the proposed release would represent a significant portion of those emergency stockpiles.
Officials from the United States and several other G7 members have reportedly expressed support for the idea as oil prices surged following escalating geopolitical tensions.
2. Oil Prices Reverse Dramatically
Markets reacted instantly to the possibility of additional supply entering the market.
Earlier in the day, oil prices had surged as much as 30% amid supply fears, driven largely by disruptions near the Strait of Hormuz, one of the world’s most critical oil shipping routes.
However, after news of the potential G7 intervention broke:
Oil prices fell roughly $15 in about two hours
Prices dropped from near $120 to around $108 per barrel
Much of the day’s rally was erased
Analysts described the shift as one of the sharpest intraday reversals in oil market history.
3. Strait of Hormuz Disruptions Driving Global Panic
The volatility stems primarily from supply disruptions in the Strait of Hormuz, the narrow waterway connecting the Persian Gulf to global shipping lanes.
The strait normally carries around 20% of the world’s daily oil supply, making it one of the most strategically important energy chokepoints on the planet.
Ongoing regional tensions have:
Restricted tanker traffic
Raised insurance costs for shipping
Triggered fears of a prolonged supply shortage
These risks have forced governments and energy agencies to consider emergency market interventions.
4. Strategic Reserves Become a Geopolitical Tool
Strategic petroleum reserves were originally designed to protect economies from sudden supply disruptions, such as those experienced during the oil crises of the 1970s.
Now they are increasingly being used as market stabilization tools during geopolitical crises.
A coordinated release through the International Energy Agency would allow major economies to inject emergency supply into global markets quickly, helping to:
Lower energy prices
Prevent inflation spikes
Reduce pressure on financial markets
However, such interventions are typically temporary solutions rather than long-term fixes for supply disruptions.
Why It Matters
The proposed G7 intervention highlights how deeply energy markets are intertwined with global geopolitics.
When oil supply disruptions occur, the consequences ripple through the entire global economy:
Transportation costs surge
Inflation rises across industries
Financial markets experience volatility
Central banks face new policy pressures
Energy shocks can quickly evolve into broader economic crises if supply disruptions persist.
Why It Matters to Foreign Currency Holders
For those tracking global financial stability, oil market volatility is one of the most powerful forces influencing currency systems.
Energy price spikes can:
Weaken currencies in energy-importing nations
Strengthen oil-exporting economies
Drive inflation and interest rate shifts
Trigger capital flows into commodity-linked assets
Large-scale reserve releases can temporarily stabilize markets, but they also highlight the fragility of global energy supply chains.
Implications for the Global Reset
Pillar 1: Energy Shocks Accelerating Economic Stress
Oil price volatility has historically played a major role in reshaping global economic cycles.
When prices spike:
Inflation accelerates
Economic growth slows
Governments intervene in markets
Such disruptions often act as catalysts for broader financial and policy shifts.
Pillar 2: Strategic Resources Becoming Financial Leverage
The current crisis underscores how strategic resources like oil have become geopolitical leverage points.
Control of energy supply routes, reserves, and production capacity increasingly influences:
Trade alliances
Monetary policy
Global financial stability
These dynamics are gradually contributing to a more fragmented and multipolar economic system.
Conclusion
The dramatic reversal in oil prices following reports of a potential G7 reserve release demonstrates how sensitive global markets have become to energy supply risks.
While a coordinated release could temporarily calm markets, it also reveals the deeper vulnerability of the global economy to disruptions in key shipping routes like the Strait of Hormuz.
In today’s interconnected financial system, energy crises quickly evolve into economic and geopolitical events that shape markets worldwide.
When oil supply becomes uncertain, the entire global financial system feels the shock.
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources
Watcher Guru — "US Oil Prices Crash $15 in 2 Hours as G7 Considers Reserve Release"
Financial Times — "G7 Considers Emergency Oil Reserve Release Amid Global Supply Shock"
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