Calls, Chats and Rumors DINARRECAPS8 Calls, Chats and Rumors DINARRECAPS8

Bruce’s Big Call Dinar Intel Thursday Night 5-7-26 

Bruce’s Big Call Dinar Intel Thursday Night 5-7-26 

Transcribed By WiserNow Emailed To Recaps   (INTEL ONLY)

Welcome everybody to the big call tonight. I'm glad everybody's still hanging around and coming back, we have some good information to give you tonight as always, but this could be good. I'm excited about it and happy National Day of Prayer to everybody .

Thank you, Bob. Do we have a time hack? By the way, if you're still with me, Bob, we have a time hack. 10:23 - Yeah,  I think we can wrap this up in seven minutes.

I'll see. Now, remember Tuesday night, we went two minutes shy of two hours long, a long call.  I had a long segment. I didn't think I was going to be that long, but I did. I gave you guys a lot of different types of Intel. We already talked about med beds tonight earlier, so scroll back and listen to what we said about med beds.

Bruce’s Big Call Dinar Intel Thursday Night 5-7-26 

Transcribed By WiserNow Emailed To Recaps   (INTEL ONLY)

Welcome everybody to the big call tonight. I'm glad everybody's still hanging around and coming back, we have some good information to give you tonight as always, but this could be good. I'm excited about it and happy National Day of Prayer to everybody .

Thank you, Bob. Do we have a time hack? By the way, if you're still with me, Bob, we have a time hack. 10:23 - Yeah,  I think we can wrap this up in seven minutes.

I'll see. Now, remember Tuesday night, we went two minutes shy of two hours long, a long call.  I had a long segment. I didn't think I was going to be that long, but I did. I gave you guys a lot of different types of Intel. We already talked about med beds tonight earlier, so scroll back and listen to what we said about med beds.

But here's the thing, what we’re getting -  four or five different, unrelated sources is I'm just going to cut to it. We're getting very good information about notifications. Could be over the weekend. I'm going to DQ Saturday. I'm going to DQ Friday instead of Friday, Saturday. It could be Saturday, it will not, as far as I can tell, be on Sunday, which is Mother's Day, but it's possible we would get notified with the toll free number in our emails on Saturday.

But what about exchanges? If we wouldn't start on Sunday, would we start Monday or Tuesday? Yes, I'm hearing either of those two days is possible for the start exchanges

All right, let's DQ the weekend. Let's say nothing happened Saturday, nothing will happen Sunday. But what about Monday and Tuesday, which is the 11th 12th?

Could we get notified Monday and start exchanges on Tuesday? The 12th? I think that's very, very likely that that's going to be what it's going to be

Now. What about Iraq? Iraq has a new prime minister, and if I don't butcher his name, it's Ali Al zubaidy, zubaidi, Dubai.

And he, according to what we heard today. Believe President Trump wanted this to happen sooner rather than later, his government, which we're going to include that to mean his cabinet, his council, whatever they're calling, that body that's working with him directly was to be set up today the 7th

We had heard initially it would be Sunday or Monday, and I think President Trump said, whoa, whoa, whoa, let's get this thing done today. I believe it was done today,

When will it be announced?  Oh, announced. Oh, that's different. It probably will be announced over the weekend, Saturday or Sunday. Remember, Sunday is Iraq's first business day, so it could be announced either day, but certainly should be announced by Sunday.

Redemption center screens had only six currencies on the screens yesterday, but they are flashing. But the flashing is slowing down, not so rapidly slowing down, and I have a feeling, the more and more currencies will be added tomorrow, Friday and Saturday, and hopefully by Sunday night, everything's loaded in -  everything's in and Monday would reflect that at the redemption centers.

Because I don't know that anybody's going to go into the redemption centers on Sunday – it’s possible, these guys might, but they have all the pass codes they had to use those just the other day and put in biometric fingerprint to get onto their sites to see, hey, let's see what's going on with the rate. Let's see if we have new rates on the redemption center screens, and that's the latest on those.

So don’t worry the rates are the least of your concerns - rates are going to be excellent.

And I know we've got the Bolivar on there. And I think I told you guys really roughly what that's going to be, obviously, the Iraqi dinar , the Venezuela Bolivar , yes, the Vietnamese dong , and of course, the  Zimbabwe dollar  which we tend to call the Zim  Zimbabwe dollar .

All of those are there, and they'll be more and more added, probably 40 – 41  different currencies on the on the redemption center screens. And you already know to ask if they don't offer it, which they might -- they should offer you, if you're a dinar holder on the Iraqi dinar, they should offer the contract rate, which is going to be extremely good, very high, very high

We've got Iraq's new government installed today.   Probably hear about Sunday. If we hear about it at all, and we're looking for our numbers to come with our emails, possibly Saturday. But my gut, is going to say Monday or Tuesday, and we'll start Tuesday. I mean, one source is very good said the exchanging Tuesday at the latest, Tuesday. Okay,  yes, I like that. I like that definitive a Monday. Tuesday, really big in play for us.

Is there anything else we need to know?  Not Really  I think that is telling us, what we need to know, and we're going to plan to have a call on Tuesday.  We'll see where we stand

Maybe we'll pick up stragglers and give out the toll free number  on the air here  -- we’ll see everybody should have it. Hopefully you have it Monday or Tuesday and give or Tuesday, starting Tuesday.

So I'm going to leave it at that. We  really  covered a lot on the Intel. If you haven't listened to last Tuesday’s call, I think that was full of quite a bit of information. And I think we’re zeroing in on it really getting down to the wire.

A lot of sources, different sources, some of whom we haven't heard from for a while, that are back in the game.

So let's do this. Let's go and thank everybody --  Just have a great weekend. Don't forget your mother. My Mother's Day. Your mother. If you haven't talked to your mother in a while, call your mother. Okay, I'm pretending like it from New York . In case you didn't know, call your mother on Mother's Day. It's the busiest phone day of the year. It's Mother's Day, all right, so let's do this, you guys  Let's go ahead and pray to call out, and we'll look forward to a great weekend, really good weekend.

 Everybody. Have a great night and a great weekend. Wonderful Mother's Day and we'll see you on Tuesday.

Bruce’s Big Call Dinar Intel Thursday Night 5-7-26 REPLAY LINK      Intel Begins  1:18:00

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Bruce’s Big Call Dinar Intel Tuesday Night 5-5-26 REPLAY LINK     Intel Begins   1:12:12

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Bruce’s Big Call Dinar Intel Thursday Night 4-23-26 REPLAY LINK      Intel Begins  1:29:50

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Bruce’s Big Call Dinar Intel Tuesday Night 4-28-26 REPLAY LINK     Intel Begins   1:14:50

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Bruce’s Big Call Dinar Intel Thursday Night 4-23-26 REPLAY LINK      Intel Begins  1:13:53

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Bruce’s Big Call Dinar Intel Tuesday Night 4-21-26 REPLAY LINK     Intel Begins   1:17:27

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Bruce’s Big Call Dinar Intel Thursday Night 4-16-26 REPLAY LINK      Intel Begins  1:20:00

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Bruce’s Big Call Dinar Intel Tuesday Night 4-14-26 REPLAY LINK     Intel Begins   1: 01:15

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Bruce’s Big Call Dinar Intel Thursday Night 4-9-26 REPLAY LINK      Intel Begins  1:19:19

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Friday Afternoon 5-8-26

Good Afternoon Dinar Recaps,

Global Debt Explosion Accelerates: Investors Begin Shifting Away From U.S. Treasuries

Record global borrowing, rising geopolitical instability, and weakening confidence in sovereign debt markets are increasing pressure on the existing financial system.

As debt approaches unsustainable levels and investors diversify reserves away from traditional assets, concerns are growing over the long-term stability of the global monetary order.

Good Afternoon Dinar Recaps,

Global Debt Explosion Accelerates: Investors Begin Shifting Away From U.S. Treasuries

Record global borrowing, rising geopolitical instability, and weakening confidence in sovereign debt markets are increasing pressure on the existing financial system.

As debt approaches unsustainable levels and investors diversify reserves away from traditional assets, concerns are growing over the long-term stability of the global monetary order.

OVERVIEW (KEY POINTS)

Global debt has surged to a record $353 trillion, according to new international financial data released this week. The sharp increase is being driven primarily by the United States and China as governments continue relying heavily on borrowing to sustain growth and manage economic pressures.

At the same time, analysts are observing early signs that international investors are beginning to diversify away from U.S. Treasuries, historically considered the foundation of global financial stability.

The developments come amid growing geopolitical tensions surrounding the Iran conflict, rising energy costs, inflation concerns, and increasing questions about debt sustainability across major economies.

The broader implication is significant: the global financial system is showing signs of structural stress as governments accumulate more debt while investor confidence becomes increasingly fragmented.

KEY DEVELOPMENTS

1. Global Debt Climbs to Historic High

International borrowing accelerated sharply during the first quarter of 2026.

  • Global debt reached approximately $353 trillion

  • Debt-to-GDP ratios remain near 305% of global economic output

The Institute of International Finance warned that current borrowing trends are becoming increasingly difficult to sustain long term.

2. Investors Begin Diversifying Away From U.S. Treasuries

Analysts are detecting changes in reserve behavior.

  • Demand for Japanese and European government bonds is increasing

  • International appetite for U.S. Treasuries has shown signs of weakening

While there is no immediate crisis in Treasury markets, concerns about America’s long-term debt trajectory continue to grow.

3. Iran Conflict Adds Pressure to Financial Markets

The Middle East conflict is intensifying global instability.

  • Oil prices remain elevated near or above $100 per barrel

  • Shipping disruptions in the Strait of Hormuz continue affecting energy markets

Higher energy costs are contributing to inflation fears and slowing economic growth forecasts globally.

4. IMF Warns of More Severe Economic Risks Ahead

The International Monetary Fund has issued increasingly serious warnings.

  • IMF officials cautioned that prolonged conflict could trigger slower global growth and higher inflation

  • Severe scenarios include risks of recession-level conditions and sustained commodity shortages

Policymakers are now facing pressure to manage inflation without causing broader economic contraction.

5. Central Banks Continue Strategic Reserve Shifts

Reserve diversification trends are accelerating globally.

  • Central banks continue increasing exposure to gold and non-dollar assets

  • Emerging economies are seeking greater financial independence from Western systems

These shifts reflect growing concern about the long-term reliability of debt-heavy reserve structures.

WHY IT MATTERS

The combination of rising debt, geopolitical instability, and weakening confidence in sovereign debt markets creates a dangerous environment for the global economy.

For decades, the financial system relied heavily on the assumption that U.S. Treasury markets represented the safest and most liquid assets in the world. Early signs of diversification away from those markets represent a potentially important structural shift.

At the same time, higher energy costs and persistent inflation are limiting the ability of central banks to stabilize growth without increasing borrowing even further.

The result is a system facing pressure from multiple directions simultaneously: debt expansion, inflation, geopolitical fragmentation, and reserve diversification.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Currency volatility may increase as reserve flows diversify

  • Inflation pressures continue eroding purchasing power globally

  • Higher debt levels may weaken long-term confidence in fiat currencies

  • Gold and commodity-backed assets are attracting greater institutional interest

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Sovereign Debt Sustainability Crisis

Record borrowing levels are increasing concerns that major economies may eventually face limits to debt-driven growth models.

  • Pillar 2: Gradual Shift Away From Dollar-Centric Finance

Diversification away from U.S. Treasuries and increased reserve allocation toward alternative assets reflect the slow emergence of a more multipolar financial system.

CONCLUSION

The rapid rise in global debt is no longer being viewed as a temporary post-crisis condition. Instead, it is increasingly becoming a defining feature of the modern financial system.

As borrowing accelerates and geopolitical tensions disrupt trade and energy markets, investors and governments are beginning to reassess long-standing assumptions about reserve safety and economic stability.

Although the U.S. dollar and Treasury markets remain dominant today, the early signs of diversification suggest that confidence in the existing system is no longer absolute.

The global financial reset may not arrive through one dramatic event, but through a steady erosion of trust in the structures that once anchored the world economy.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Iraq News Posted by Tishwash at TNT 5-8-2026

TNT:

Tishwash:  Al-Zaydi presents the ministerial program to the Speaker of Parliament

 Prime Minister-designate Ali Faleh al-Zaidi presented the new government’s ministerial program to Speaker of Parliament Hebat Hamad al-Halbousi on Thursday (May 7, 2026), while both sides stressed the importance of cooperation to complete the process of granting confidence to the government.

The media office of the Prime Minister stated in a statement received by "Baghdad Today" that "Prime Minister-designate Ali Falih al-Zaidi presented the ministerial program of the new government to the Speaker of Parliament, Hebat Hamad al-Halbousi, during a meeting that brought them together today, Thursday."

TNT:

Tishwash:  Al-Zaydi presents the ministerial program to the Speaker of Parliament

 Prime Minister-designate Ali Faleh al-Zaidi presented the new government’s ministerial program to Speaker of Parliament Hebat Hamad al-Halbousi on Thursday (May 7, 2026), while both sides stressed the importance of cooperation to complete the process of granting confidence to the government.

The media office of the Prime Minister stated in a statement received by "Baghdad Today" that "Prime Minister-designate Ali Falih al-Zaidi presented the ministerial program of the new government to the Speaker of Parliament, Hebat Hamad al-Halbousi, during a meeting that brought them together today, Thursday."

The statement added that "the ministerial program will be circulated to members of the House of Representatives for them to study and review its details, and the names of the government formation will be submitted at a later time."

According to the statement, both sides emphasized "the importance of joint cooperation and coordination to proceed with completing the entitlement to grant confidence to the government and its ministerial program as the basic pillar upon which the government builds its work and duties, based on constitutional and legal contexts."  link

Tishwash:  The government's features are taking shape, and the program is now in the hands of Parliament.

 As the political scene approaches a crucial moment, dialogues between political blocs are accelerating to finalize the formation of the new government, amid growing expectations that the cabinet will be announced and voted on next Monday, according to political data circulating within parliament.

These developments come amid advanced political understandings between the main parties, which have given the prime minister-designate ample room to choose his ministerial team, in parallel with the continuation of talks on the distribution of portfolios and the establishment of political entitlements for the various components, which makes the birth of the government dependent on precise agreements that have not yet been definitively settled.

In a related context, parliamentary data indicates that the government program has reached, or is about to reach, the House of Representatives, in preparation for its discussion and approval within the constitutional process related to passing the cabinet.

As the decision nears, the political debate is shifting towards the nature of the government program rather than the names, as a number of MPs are demanding a move away from quotas and the adoption of standards of competence, integrity and transparency in the selection of ministers, while enhancing transparency by publishing their biographies to the public.

In this context, MPs confirm that the features of the government have begun to gradually take shape, despite the continued disagreements over some portfolios and the mechanisms for distribution among the blocs.

Political.

Parliamentary initiatives have also emerged concerning the regulation of the relationship between the executive position and electoral entitlement, through a proposal that obliges ministers not to run in the upcoming elections, and prevents their first-degree relatives from running, in addition to including holders of special grades and undersecretaries of ministries, with the aim of limiting the exploitation of government influence in election campaigns, with the intention of including this in the election law later.

In parallel, interest in the security file is escalating as one of the top priorities of the next government, with calls for a comprehensive reform of the security and military system and an update of the combat doctrine in line with regional and international changes.   link

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

Tishwash:  Saturday is the deadline for finalizing the cabinet... The Wisdom Movement reveals details of the new government structure

Fahd al-Jubouri, a leader in the Wisdom Movement, revealed what he described as the "zero hour" for resolving the issue of the ministerial cabinet, stressing that next Saturday will be the decisive date for the final vote on the new government formation within the House of Representatives.

Al-Jubouri told Zaqoura News Agency in a special statement that the political understandings between the forces participating in forming the government have reached advanced and positive stages, despite the continuation of some differences that previously brought the dialogues back to "square one".

He explained that "the general atmosphere of the talks is positive, and there are strong indications that the government will be announced and the cabinet finalized next Saturday," noting that the political dialogues have witnessed remarkable progress in recent days after intensive rounds of meetings between the various parties.

Regarding the news circulating about American interference in the selection of ministerial figures, Al-Jubouri described that information as "exaggerated and inaccurate," stressing that "the American position was limited to conveying a message before the selection of the designated prime minister, which included not dealing with a government that includes factions, without directly interfering in the naming of ministers or imposing specific figures."

Al-Jubouri indicated that the new government structure will include the creation of three positions for deputy prime ministers instead of four, after the prime minister objected to one of the candidates for the fourth position, explaining that the distribution of positions will take place according to specialized files that include economic and service affairs and the energy sector.

He explained that the move towards creating the position of Deputy Prime Minister for Economic Affairs came to address the confusion that the Ministerial Council for the Economy witnessed during the past period, as a result of the Foreign Minister being preoccupied with his international duties, which was reflected in the regularity of the periodic economic meetings.

Al-Jubouri concluded by emphasizing that the selection of the Vice Presidents and Deputy Prime Ministers will be based on a political and administrative vision aimed at ensuring that the state treasury is not burdened with additional financial obligations, noting that this approach has been agreed upon during recent official meetings.  link

Tishwash:  Al-Khafaji reveals behind-the-scenes details of the Al-Zidi government with Al-Hajj: MPs will be prevented from performing Hajj until the vote, and salaries will be in jeopardy!

 MP Hassan Al-Khafaji revealed the behind-the-scenes details of the ongoing negotiations to form Ali Al-Zidi’s government, stressing that the heads of the political blocs informed the MPs of the need not to go to perform the Hajj rituals before the end of the session to vote on the anticipated government.

Al-Khafaji said during his interview with journalist Hossam Al-Hajj that “the last plane carrying pilgrims will take off from Baghdad Airport carrying 183 MPs after the end of the voting session,” indicating that the session to grant confidence to Al-Zidi’s government will be held on Sunday or Monday next week.

He added that the current Minister of Labor, Ahmed Al-Asadi, will retain his ministerial portfolio, while the Reconstruction and Development Coalition seeks to obtain the Ministry of Electricity “to contribute to ending the suffering of citizens with the energy crisis.”

Al-Khafaji indicated that the Ministry of Oil file was “resolved” in favor of the Sudanese coalition, along with four other ministries, noting that there were objections within the negotiations regarding the inclusion of bodies within the negotiating points, saying that “some are upset and do not want the bodies to be included within the points.”

He explained that the selection of Al-Zidi “pleased” many political forces because he is an “economic man,” revealing that the Prime Minister-designate asked the coordination framework to choose the Ministers of Finance and Interior.

Regarding the position of Deputy Prime Minister, Al-Khafaji confirmed that the position “cost Asa’ib 15 points,” indicating that there is an opinion within the coordination framework that rejects keeping the positions of Deputy Prime Ministers because of the financial and administrative burdens they represent.

He explained that the Sudanese coalition was heading towards the opposition option, but the appointment of Al-Zaidi changed the course towards “absolute support” for the new government, adding that the merchants expressed their satisfaction with the appointment of Al-Zaidi because he “will spare Iraq from wars and keep it away from problems.”

Al-Khafaji also touched on the issue of foreign relations, stressing that “the Americans have a problem with the Popular Mobilization Forces,” and predicting that the leaders of the factions would refrain from direct participation in the next government.

In the economic file, Al-Khafaji called for closing the “dollar cycle” and reducing dependence on a single export outlet, describing this as a “disaster,” noting that Iraq imports agricultural crops from Turkey worth up to $25 million.

Al-Khafaji concluded his remarks with an economic warning, saying: “I don’t want to cause the people anxiety, but if the Strait of Hormuz remains closed, we will face difficulty in paying salaries.” ink

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

Coffee with MarkZ, joined by Mr. Cottrell 05/08/2026

Coffee with MarkZ, joined by Mr. Cottrell 05/08/2026

Some brief RV highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Is this our weekend Mark?

MZ: The chatter is deafening. I could be wrong…..but, I think we will already be paid by Memorial day weekend.

Coffee with MarkZ, joined by Mr. Cottrell 05/08/2026

Some brief RV highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Is this our weekend Mark?

MZ: The chatter is deafening. I could be wrong…..but, I think we will already be paid by Memorial day weekend.

MZ: I want everyone to stay grounded. Regarding Bond Rumors….I have had a lot of bond contacts come forward and say  they have done all their paperwork and transfers are initiated. The one thing they have been very clear on is receiving the money will take longer.

MZ: One of them did a deal in Europe but lives in the US…and they were not allowed to be paid. . Many of them say they are doing deals in their native countries…the country they are legally domiciled to and are a citizen of. They are saying they have to be paid in the country you live in…and those funds will be paid next week.

MZ: Nobody is giving specifics on the price they are being paid. That is one of the biggest violations against any non-disclosure agreements.

MZ: If they are correct…….money is moving. And it should continue to move over the next 7 days and somewhere around the 15th then 4a…the groups that people have already been through the KYC background checks and turned in their currency will release. And all of us should go to the bank about the same time.

MZ: We may be a day or two behind because we have to set appointments and get to the redeeming banks/redemption centers.

MZ: Redeeming banks/redemption centers have trained personnel and will give you credit for currency right then and there. They will not have to send it off to have it vetted.

Member: Jim Rickerds also said Mat 15th is the date to watch.

MZ: I wonder if we will also be getting the new system then? That would be great.

MZ: Everyone just needs to try to stay calm.

Mr. Cottrell and CBD Gurus join the stream today. Please listen to the replay for their information and opinions.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU FOR JOINING.  HAVE A BLESSED DAY.  SEE YOU IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!   FOR UPDATES ON MARK’S PODCAST GO TO: https://t.me/+b3hYhYlhKM1hYzcx

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Economics, Chats and Rumors Dinar Recaps 20 Economics, Chats and Rumors Dinar Recaps 20

News, Rumors and Opinions Friday 5-8-2026

KTFA:

Clare: A leader in reconstruction and development: Al-Zidi enjoys a margin of freedom in choosing his ministers, and an agreement to pass the government is imminent.

5/7/2026

A leader in the Reconstruction and Development Alliance confirmed that Prime Minister-designate Ali al-Zidi enjoys a large margin of freedom in forming his government, in light of the remarkable flexibility shown by the political forces.

He explained that Al-Zaydi asked the blocs to grant him the authority to choose the Ministers of Finance and Interior away from the quota system, in a move that reflects a trend towards strengthening the independence of government decision-making.

KTFA:

Clare: A leader in reconstruction and development: Al-Zidi enjoys a margin of freedom in choosing his ministers, and an agreement to pass the government is imminent.

5/7/2026

A leader in the Reconstruction and Development Alliance confirmed that Prime Minister-designate Ali al-Zidi enjoys a large margin of freedom in forming his government, in light of the remarkable flexibility shown by the political forces.

He explained that Al-Zaydi asked the blocs to grant him the authority to choose the Ministers of Finance and Interior away from the quota system, in a move that reflects a trend towards strengthening the independence of government decision-making.

He added that the distribution of ministries will remain subject to a points system during the negotiations, ensuring that each bloc receives its electoral entitlement, without this conflicting with Al-Zaydi’s efforts to choose a team capable of facing the challenges.  LINK

Clare:  The Ministry of Oil announces an oil discovery in Najaf within the "Al-Qarnayn" exploration area with reserves of 8.8 billion barrels.

5/7/2026

The Iraqi Ministry of Oil announced a new oil discovery within the “Qarnayn” exploration block, with reserves estimated at about 8.8 billion barrels, in a move that supports Iraq’s plans to increase its oil production capacity in the coming years.

The announcement came during Oil Minister Hayyan Abdul Ghani’s reception of a delegation from the Chinese company Zhenhua, where the two sides discussed developments in the work in the “Al-Qarnayn” exploration block, in addition to the East Baghdad South field.

Abdul-Ghani confirmed that the discovery was made within the Al-Qarnayn block, which was awarded to the Chinese company as part of the fifth supplementary and sixth licensing rounds in 2024.

He stressed the importance of accelerating work to complete oil projects and maximize the utilization of associated gas, thus ensuring the sustainability of crude oil production. He added that the Al-Qarnayn block is the first exploration block to record an oil discovery within the blocks offered in the fifth supplementary and sixth licensing rounds, reflecting the significant potential of undeveloped areas in Iraq, particularly border regions.   LINK

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

Clare:  Iraq between international oversight and the dollar… a banking system under pressure from “stricter compliance”

Independent/-

At a time when questions are mounting about the future flow of dollars into Iraq, banking officials confirm that the Iraqi financial system has entered a phase of “strict international oversight” that has redrawn the mechanism for managing foreign transfers and directly affected the movement of the money market.

According to officials at the Central Bank who confirmed to Al-Mustaqilla on Thursday, modern regulatory procedures and coordination with international financial and security bodies have led to tighter control over transfer routes and reduced the margin of movement outside official channels, within the framework of what is described as a global war on “phantom trade” and the financing of illegal activities.

But these transformations, according to economic analyses, did not come without an internal cost, as observers point out that the tightening of financial compliance was accompanied by clear pressure on dollar liquidity within the local market, and fluctuations in monetary stability, amid increasing reliance on electronic platforms for passing external transfers.

 Banking sources confirm that the new auditing systems, supported by data analysis and artificial intelligence technologies , are now able to track financial movements with high accuracy, including commercial invoices and import-related transactions, which some have considered a “complete re-engineering” of the dollar market in Iraq.

In contrast, experts believe that this shift reflects Iraq’s transition from an economy dependent on direct liquidity to an economy subject to indirect external control, through international compliance networks that control the flow of dollars before they reach the local market.

These developments come amid growing controversy over the halt or slowdown of some foreign currency shipments and the increasing reliance on digital channels, which has opened the door to questions about the future of monetary stability and the limits of financial sovereignty in managing the dollar issue.

Between tightening international oversight and local market pressure, the Iraqi banking sector remains at the heart of a delicate equation that combines financial reform on one hand, and economic and political challenges on the other.  LINK

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

Jeff: Historically Iraq has always been slightly above Kuwait.  Today Kuwait's about $3.25...What brought the value of the currency down was sanctions.  What happens when you take those sanctions off If it reinstates wouldn't that put it around the $3.22 which is where it devalued in 2003?

Reset Intelligence   The Gazette is Iraq's mandatory channel for legal force. Laws, regulations and presidential decrees take effect on the date they are published, not before.  Until a rate change appears in the Gazette, it is not law.

Stephen  What is going to happen the moment the Iraqi dinar revalues, when you wake up that morning? ...Iraq is 7 or 8 hours ahead of us...I've always had a feeling it's probably going to revalue in the middle of the night and we're going to wake up that morning and we're going to know that our lives are essentially changed forever.  So start putting yourself in a position of planning ahead.  Start having those thoughts in your head - What am I going to do when that day comes?  Because I believe that day is a lot closer than many of us think.

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

IRS Agent Confirms Dinar Tax Rate

Dinar For Dummies:  5-7-2026

https://www.youtube.com/watch?v=PSmw2BRiPMQ





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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Friday Morning 5-8-26

Good Morning Dinar Recaps,

Oil Shock and De-Dollarization Pressures Intensify: Global Financial System Faces Growing Strain

Escalating energy instability, weakening confidence in traditional financial structures, and rising de-dollarization efforts are accelerating structural changes across the global economy

Today’s market movements reveal a deeper shift underway as geopolitical conflict, energy disruption, and currency diversification increasingly reshape the global financial order.

Good Morning Dinar Recaps,

Oil Shock and De-Dollarization Pressures Intensify: Global Financial System Faces Growing Strain

Escalating energy instability, weakening confidence in traditional financial structures, and rising de-dollarization efforts are accelerating structural changes across the global economy

Today’s market movements reveal a deeper shift underway as geopolitical conflict, energy disruption, and currency diversification increasingly reshape the global financial order.

OVERVIEW (KEY POINTS)

Global markets are reacting to a dangerous combination of Middle East instability, oil market volatility, and growing pressure against the U.S. dollar-based financial system.

The Strait of Hormuz remains a major flashpoint as tensions between the United States and Iran continue disrupting shipping routes and creating uncertainty around global energy supplies. Oil prices have repeatedly surged above critical levels, fueling inflation concerns worldwide.

At the same time, countries across the BRICS bloc and emerging markets continue accelerating efforts toward local currency trade settlements, reserve diversification, and reduced dependency on the U.S. dollar.

The broader implication is becoming clearer: the global financial system is entering a period of fragmentation where geopolitical conflict and monetary realignment are increasingly interconnected.

KEY DEVELOPMENTS

1. Oil Markets Remain Highly Volatile

Energy markets continue reacting to geopolitical instability.

  • Brent crude repeatedly moved near or above $100 per barrel

  • Hormuz disruptions continue threatening global oil and LNG flows

2. De-Dollarization Momentum Continues Growing

Emerging economies are seeking alternatives to dollar dependence.

  • BRICS nations continue expanding local currency settlement systems

  • Central banks are increasing diversification into gold and non-dollar reserves

3. Global Food and Supply Costs Rise

Energy instability is spreading through the broader economy.

  • Rising fuel costs are increasing shipping and fertilizer expenses

  • Global food prices climbed again as supply chains remain strained

4. Financial Markets Show Signs of Structural Stress

Investors are balancing optimism with systemic risk concerns.

  • Bond markets remain volatile amid inflation fears

  • Currency fluctuations and energy shocks continue pressuring central banks

5. AI and Cybersecurity Risks Add New Financial Threats

The IMF warned today that technology risks are rising rapidly.

  • AI-driven cyberattacks could threaten banking and financial infrastructure

  • Financial stability concerns are expanding beyond traditional economic risks

WHY IT MATTERS

The convergence of energy instability, geopolitical conflict, and monetary diversification is creating pressure across the entire global financial system.

Historically, the U.S. dollar benefited from stable energy trade and centralized financial infrastructure. Today, those foundations are increasingly being challenged by regional conflicts, sanctions fatigue, and multipolar trade agreements.

Markets are beginning to price in a world where global trade may operate through multiple competing financial systems rather than one dominant structure.

This shift does not necessarily signal the immediate end of dollar dominance, but it does suggest the emergence of a more fragmented and competitive financial landscape.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

  • Currency volatility is increasing across emerging markets

  • Gold accumulation continues rising as a reserve hedge

  • Oil-importing nations face higher inflation and weaker purchasing power

  • Diversification away from dollar-only reserves is accelerating

IMPLICATIONS FOR THE GLOBAL RESET

  • Pillar 1: Energy and Currency Systems Are Decoupling

Countries are increasingly seeking ways to conduct trade outside traditional dollar settlement structures, particularly in energy markets.

  • Pillar 2: Multipolar Financial Infrastructure Is Expanding

Alternative payment systems, reserve diversification, and regional trade agreements are gradually reshaping global financial influence.

CONCLUSION

Today’s developments reinforce a growing reality: the world economy is moving into a period of higher fragmentation, strategic competition, and systemic realignment.

The combination of energy disruptions, geopolitical tensions, and de-dollarization efforts is creating long-term pressure on the financial structures that have dominated global trade for decades.

While markets continue adapting in real time, the deeper transformation appears increasingly structural rather than temporary.

The future global economy may not be built around a single financial center, but around competing systems struggling for influence and stability.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱


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

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


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

That is not your failure.

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

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

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

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

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

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Friday Morning 5-8-26

Iraq Is Among The Top Destinations For Turkish Exports, With Strong Growth Last Month.

Money and Business    Economy News – Baghdad   Iraq was among the key markets that supported the growth of Turkish exports during April 2026, at a time when the Mediterranean Exporters Associations in Turkey announced strong results in a number of regional and international markets.

The head of the associations, Faisal Mameesh, said in a statement followed by “Al-Eqtisad News”, that the value of their exports reached $1.65 billion during last April, an increase of 27% compared to the same period last year.

Iraq Is Among The Top Destinations For Turkish Exports, With Strong Growth Last Month.

Money and Business    Economy News – Baghdad   Iraq was among the key markets that supported the growth of Turkish exports during April 2026, at a time when the Mediterranean Exporters Associations in Turkey announced strong results in a number of regional and international markets.

The head of the associations, Faisal Mameesh, said in a statement followed by “Al-Eqtisad News”, that the value of their exports reached $1.65 billion during last April, an increase of 27% compared to the same period last year.

He noted that export performance witnessed clear momentum in the Italian and German markets, while strong growth was also observed in the Iraqi markets, in addition to the Romanian, Spanish and Egyptian markets.

Mameesh explained that this increase was driven by increased exports of iron, minerals, chemicals, fruits, vegetables, grains, legumes and oilseeds, which are commodities that are in growing demand in the Iraqi market.

The inclusion of Iraq among the fastest growing markets reflects the continued expansion of trade between Baghdad and Ankara, especially given the Iraqi market's reliance on foreign imports to secure some food, construction materials, and industrial goods.

Turkish associations also expect this export momentum to continue in the coming months, aiming to achieve annual growth exceeding 10% by the end of the year. https://www.economy-news.net/content.php?id=68790

Globally, The Dollar Is Rising Amid Escalating Tensions Between The United States And Iran.

Money and Business    Economy News - Follow-up   The dollar began Asian trading on Friday higher against most major currencies after renewed hostilities between the United States and Iran, while the Japanese yen remained largely stable following fresh hints from authorities in Tokyo.

The United States and Iran traded fire and sharp criticism again on Thursday, adding to the strain on the fragile month-long ceasefire, as Iran considers a proposal from Washington to end the war.

Oil prices jumped and US crude oil futures rose 3% in early trading, increasing the risk aversion in currency markets.

The dollar index, which measures the strength of the US currency against other major currencies, rose slightly to 98.235.

The escalating tensions pushed the dollar higher for the second consecutive day, rebounding from its lowest level in over two months earlier in the week amid hopes for a peace agreement. The dollar is now on track to end the week virtually unchanged.

https://www.economy-news.net/content.php?id=68804

In Numbers: Iraqi Debts Up To April 2026

Money and Business   Economy News – Baghdad   Recent official data issued by the Ministry of Finance shows the financial position of Iraqi internal and external debts up to the end of April 2026.

The figures showed a disparity in the size of borrowing and the ability to repay between inherited obligations and those created during the current government's term.

Details Of Internal Debt

These data were included in a report by the Public Debt Department of the Ministry of Finance, which indicated with updated figures that the total domestic borrowing that took place during the period from 2023 until April 30, 2026 amounted to 46.035 trillion dinars.

These loans were distributed as follows: 7.590 trillion in 2023, rising to its peak in 2024 with an amount of 17.105 trillion dinars, then settling at 10.840 trillion in 2025 and 10.5 trillion in the first months of 2026.

 Despite the size of the new borrowing, the Ministry of Finance, according to the Ministry of Finance data, succeeded in paying off an amount of 19.910 trillion dinars, so that the total internal debt balance stabilized at 96 trillion and 629 dinars, while the internal debt balance due to the accumulated borrowing from previous governments (2004 - 2022) had recorded 70.505 trillion dinars.

External Debt

Regarding the external debt file, the data showed tangible progress in reducing financial burdens, as the current external debt balance reached $10.076 billion, and the Ministry of Finance was able, between 2023 and April 2026, to repay $2.166 billion of loans inherited from previous governments.

 Regarding "old debt" from before 2003 (Paris Club countries and non-Paris Club countries), the Ministry of Finance report revealed that the outstanding balance as of the end of April 2026 had decreased to only $2.963 billion. In comparison, the outstanding balance of external project debt for the period 2016-2022 had previously reached $12.926 billion     .https://www.economy-news.net/content.php?id=68802

World Cup Tickets Spark Controversy... "Worst Seat" In The 2026 World Cup Final Costs $11 Million!

Money and Business   Economy News - Follow-up   The prices of tickets for the 2026 World Cup have sparked widespread anger among football fans, after the prices of some seats, even in the regular categories, reached astronomical figures months before the start of the tournament.

With the opening of ticket sales, fans were surprised by a huge increase in prices, especially for the final match scheduled for July 19 at MetLife Stadium in New Jersey, USA.

FIFA had previously announced that the maximum price for a ticket to the final was around $1,550, but the official sales platform later showed tickets offered for more than $10,000, while some tickets offered for resale reached shocking figures exceeding $11 million, even though the seat included in them is among the worst in terms of visibility inside the stadium.

One ticket that circulated sparked considerable controversy after it was offered for £8.5 million for a seat in the upper rows of the stadium, which fans considered evidence that the tournament had become an event reserved for the wealthy only.

Many fans expressed their anger over the prices on social media, with some describing what was happening as "financial exploitation," while others considered that "football is no longer the fans' game."

Travel and transportation costs also saw a significant increase, with the price of a train journey of no more than 30 minutes from New York to MetLife Stadium rising from less than $10 to about $150 during the tournament matches.

For his part, FIFA President Gianni Infantino defended the prices, stressing that the exorbitant figures offered in the resale market do not reflect the true value of the tickets, adding that the international federation deals with the "market reality" in the United States as one of the largest entertainment markets in the world.

In contrast, fan groups criticized the tournament's pricing policy, arguing that fans coming from all over the world felt "unwelcome," especially given the significant increase in the costs of tickets, transportation, accommodation, and services associated with the World Cup. https://www.economy-news.net/content.php?id=68800

How Can Iraq Secure Its Financial Needs Without Selling Oil?

Karim Al-Araji, Expert And Consultant In International Economics  -  After Saudi Arabia, the UAE, and Kuwait, Iraq is the fourth largest holder of US Treasury bonds in West Asia. The value of these bonds purchased by Iraq reached approximately $42 billion by the end of 2025.

This figure was $23.4 billion at the beginning of that year, representing a 79% increase in just one year. One of the main reasons for Iraq's purchase of this quantity of US Treasury bonds is that Iraqi oil revenues are subject to the control of the US Federal Reserve, in accordance with UN Security Council Resolution 1483.

According to paragraph 20 of this resolution, Iraqi oil export revenues are to be transferred to a fund called the Development Fund for Iraq. Later, by order of Paul Bremer, the US administrator of the Coalition Provisional Authority in 2003, this account was opened at the Federal Reserve. Thus, Iraq's sources of income have been under US control ever since.

Given that oil revenues constitute more than 90% of Iraq’s federal budget, preventing Iraq from freely accessing its oil revenues by the United States leads to reduced capabilities and constraints on securing the necessary financing for trade with other countries, developing oil and petrochemical infrastructure and power plants, creating jobs, and providing services appropriately.

With the closure of the Strait of Hormuz, the halt in exports, and the decline in oil revenues, this is an opportune time to secure the country's financial needs by selling this quantity of bonds.

Therefore, it is also essential to completely cease purchasing these bonds and redirect this valuable asset towards the country's progress and meeting the financial needs of the Iraqi people.    https://www.economy-news.net/content.php?id=68672

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MilitiaMan & CREW IRAQ DINAR UPDATE-Global Integration: CBI, HCL, Digital Economy & New Oil Finds-REER Future

MilitiaMan & CREW IRAQ DINAR UPDATE-Global Integration: CBI, HCL, Digital Economy & New Oil Finds-REER Future

5-8-2026

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

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

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

MilitiaMan & CREW IRAQ DINAR UPDATE-Global Integration: CBI, HCL, Digital Economy & New Oil Finds-REER Future

5-8-2026

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

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

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

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

https://www.youtube.com/watch?v=adLskus65Cg


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FRANK26….5-7-26….THE PLAN

KTFA

Thursday Night Video

FRANK26….5-7-26….THE PLAN

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

Thursday Night Video

FRANK26….5-7-26….THE PLAN

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#

https://www.youtube.com/watch?v=KnTnLgtWY14

 


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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Seeds of Wisdom RV and Economics Updates Thursday Evening 5-7-26

Good Evening Dinar Recaps,

Record Global Debt and Middle East Instability Raise New Financial Reset Warnings

Surging debt levels, weakening confidence in long-term U.S. borrowing, and escalating energy risks are increasing pressure on the global financial system.

Good Evening Dinar Recaps,

Record Global Debt and Middle East Instability Raise New Financial Reset Warnings

Surging debt levels, weakening confidence in long-term U.S. borrowing, and escalating energy risks are increasing pressure on the global financial system.

Overview

Today’s developments point to a financial system facing simultaneous pressure from debt expansion, geopolitical instability, and inflation-sensitive energy markets. While markets continue functioning normally on the surface, deeper indicators suggest that global capital flows and confidence in traditional financial structures are beginning to shift.

Key Developments

1. Global Debt Hits Historic $353 Trillion Record

The Institute of International Finance reported that global debt reached nearly $353 trillion, marking one of the fastest quarterly increases since mid-2025. The rise was driven heavily by U.S. government borrowing and expanding Chinese corporate debt, pushing global debt levels to approximately 305% of world GDP.

2. Investors Begin Diversifying Away From U.S. Treasuries

International investors are showing early signs of shifting capital toward European and Japanese government bonds instead of U.S. Treasuries. Analysts stressed there is no immediate collapse risk, but concerns are growing that long-term U.S. debt trajectories are becoming increasingly difficult to sustain.

3. Renewed U.S.–Iran Fighting Sends Oil Prices Higher

Fresh clashes between U.S. and Iranian forces near the Strait of Hormuz pushed oil prices sharply higher today, while stock futures weakened amid renewed fears of prolonged energy disruption. Rising oil prices continue to increase inflationary pressure, shipping risk, and uncertainty across global markets.

4. Fuel Shortages and Inflation Risks Grow Inside the U.S.

Reuters reported that shrinking U.S. fuel inventories are leaving the economy vulnerable as refineries export more fuel abroad to capitalize on elevated global prices. Analysts warn that sustained shortages and higher gasoline prices could place additional strain on consumers and economic growth.

Why It Matters

The combination of record debt, rising geopolitical risk, and energy market instability reflects a system increasingly dependent on continuous borrowing and central bank support. Historically, environments like this have often preceded major monetary adjustments, liquidity interventions, or shifts in reserve asset behavior.

Why It Matters to Foreign Currency Holders

  • Greater potential for currency volatility tied to debt and oil markets

  • Rising interest in alternative reserve assets and regional trade systems

  • Increased pressure on countries carrying high external debt burdens

Implications for the Global Reset

  • Pillar 1: Debt Sustainability Under Pressure

As borrowing accelerates globally, governments may eventually face difficult choices involving higher taxation, inflationary policy, restructuring, or monetary intervention.

  • Pillar 2: Global Confidence Realignment

The gradual diversification away from U.S. debt markets suggests a slow but important shift in global investor psychology and financial trust allocation.

Closing Insight

Today’s headlines reveal more than temporary volatility. The world economy is increasingly balancing on record leverage, fragile energy flows, and geopolitical uncertainty, creating conditions that could accelerate structural changes within the international financial system.

This is not just another market cycle — it’s mounting pressure on the foundations of the global financial order.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

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Economics, News DINARRECAPS8 Economics, News DINARRECAPS8

Iraq Economic News and Points To Ponder Thursday Evening 5-7-26

An Economist Warns Of A Severe Financial Crisis And Suggests Adjusting The Dollar Exchange Rate.

Time: 2026/05/04   {Economic: Al-Furat News} Economic expert, Nabil Al-Marsoumi, warned of the seriousness of the financial situation in Iraq, pointing to a large financial gap and escalating challenges that threaten economic stability in the coming period.

 Al-Marsoumi said, during his appearance on the “On the Ruler” program broadcast by Al-Furat satellite channel, that “Iraq’s balance at the Central Bank is likely to decrease by up to $5 billion per month,” considering that “the continuation of this decline in the medium term represents a great danger.”

An Economist Warns Of A Severe Financial Crisis And Suggests Adjusting The Dollar Exchange Rate.

Time: 2026/05/04   {Economic: Al-Furat News} Economic expert, Nabil Al-Marsoumi, warned of the seriousness of the financial situation in Iraq, pointing to a large financial gap and escalating challenges that threaten economic stability in the coming period.

 Al-Marsoumi said, during his appearance on the “On the Ruler” program broadcast by Al-Furat satellite channel, that “Iraq’s balance at the Central Bank is likely to decrease by up to $5 billion per month,” considering that “the continuation of this decline in the medium term represents a great danger.”

He pointed out that "the new government may be forced to make a decision to adjust the dollar exchange rate, despite it being one of the worst means of financing the budget, in addition to raising fuel prices."

Al-Marsoumi added that “the recent statements by the Undersecretary of the Ministry of Oil regarding the export of between 160,000 and 200,000 barrels per day through the Kurdistan Region pipeline were disappointing, as exports were supposed to reach about 300,000 barrels per day,” noting “the slowness in the procedures of the Ministry of Oil for exporting crude.”

He explained that "export operations through the south are facing challenges, with the absence of clear figures and the possibility of a decline in oil exports during April compared to March, which will negatively affect the Iraqi economy."

Al-Marsoumi explained that "Iraq is one of the countries most affected in the oil production file as a result of the closure of giant fields for long periods, which leads to complex technical damage, especially in fields that depend on water injection, which makes it difficult to restore their production capacity later."

Regarding the truth about the arrival of the dollar shipment to Iraq, Al-Marsoumi explained that "the American embassy announced that no dollar shipment was sent to the country, denying the narrative that attributes its delay to air traffic or the atmosphere of war, and confirming that this came by an American decision, which is a dangerous indicator."

He added that "the market responded to this development with a slight increase in the dollar exchange rate, considering this a clear message to the Iraqi government, indicating that the Central Bank's cash dollar balance currently stands at only about $612 million.

Al-Marsoumi stressed that “Iraq cannot sell its oil in anything other than dollars at present and that alternatives will take years,” warning that “delaying the release of cash shipments will lead to higher exchange rates,” calling on the government to “act quickly to address the crisis,” noting that “the current economic challenges require realistic solutions that are commensurate with the size of the crisis.” Wafaa Al-Fatlawi https://alforatnews.iq/news/خبير-اقتصادي-يحذر-من-أزمة-مالية-حادة-ويرجح-تعديل-سعر-صرف-الدولار

The US Treasury Imposes Sanctions On The Iraqi Deputy Oil Minister And Leaders Of Pro-Iranian Factions

Baghdad – One News    5/07/2026   The US Treasury Department announced on Thursday new sanctions against Iraqi Deputy Oil Minister Ali Ma’araj al-Bahadli and a number of figures and entities linked to armed factions loyal to Iran, as part of what Washington described as a “maximum pressure” campaign against Tehran and its financial networks in Iraq. 

The ministry said in a statement issued by the Office of Foreign Assets Control (OFAC) that al-Bahadli “exploited his official position to facilitate the diversion of Iraqi oil and its sale to the benefit of the Iranian regime and its affiliated armed factions,”accusing him of providing facilities to oil smuggling networks and issuing forged documents to conceal the origin of Iranian oil and sell it as Iraqi oil

The US Treasury confirmed that the sanctions also included prominent leaders of the “Asaib Ahl al-Haq” and “Kataib Sayyid al-Shuhada” factions, along with four Iraqi companies operating in the oil sector, accusing them of financing the activities of armed factions and coordinating with the “Iranian Revolutionary Guard”. 

US Treasury Secretary Scott Bessent said, “The Iranian regime is plundering resources belonging to the Iraqi people and using oil revenues to fund terrorism against the United States and its partners.”

According to the statement, the sanctions include freezing all assets and property belonging to the individuals and entities covered within the United States, in addition to prohibiting financial transactions with them, while threatening to impose “secondary sanctions” on any foreign financial institutions that cooperate with them or facilitate their activities. 

The US Treasury Department also stressed that the US administration will continue to target Iranian oil smuggling networks and cut off funding sources for armed factions supported by Tehran in Iraq and the region

https://1news-iq.net/الخزانة-الأميركية-تفرض-عقوبات-على-نائ/

The Ministry Of Oil Announces An Oil Discovery In Najaf Within The "Al-Qarnayn" Exploration Area With Reserves Of 8.8 Billion Barrels

Baghdad – One News     5/07/2026  The Iraqi Ministry of Oil announced a new oil discovery within the “Qarnayn” exploration block, with reserves estimated at about 8.8 billion barrels, in a move that supports Iraq’s plans to increase its oil production capacity in the coming years.

 The announcement came during Oil Minister Hayyan Abdul Ghani’s reception of a delegation from the Chinese company Zhenhua, where the two sides discussed developments in the work in the “Al-Qarnayn” exploration block, in addition to the East Baghdad South field. 

Abdul-Ghani confirmed that the discovery was made within the Al-Qarnayn block, which was awarded to the Chinese company as part of the fifth supplementary and sixth licensing rounds in 2024. He stressed the importance of accelerating work to complete oil projects and maximize the utilization of associated gas, thus ensuring the sustainability of crude oil production. 

He added that the Al-Qarnayn block is the first exploration block to record an oil discovery within the blocks offered in the fifth supplementary and sixth licensing rounds, reflecting the significant potential of undeveloped areas in Iraq, particularly border regions.     https://1news-iq.net/وزارة-النفط-تعلن-عن-اكتشاف-نفطي-بالنجف/

Iraq’s PM-Designate Unveils 14-Point Program Before Confidence Vote

2026-05-07 / Shafaq News- Baghdad   Iraqi Prime Minister-designate Ali Al-Zaidi on Thursday unveiled a 14-point ministerial program detailing the incoming government’s priorities ahead of a planned parliamentary confidence vote. 

According to a copy obtained by Shafaq News, the program focuses on state sovereignty and national security, foreign policy, economic and financial reform, energy, industry, agriculture and water resources, governance and anti-corruption measures, education, healthcare, social protection and poverty reduction, telecommunications and information technology, human rights, women and children’s affairs, youth and sports, as well as culture, tourism, and antiquities. 

Al-Zaidi had formally submitted the program to Parliament Speaker Haibet Al-Halbousi for circulation among lawmakers before next week’s vote. 

Negotiations over ministerial portfolios continue under a points-based system tied to parliamentary representation, with blocs generally requiring at least 10 seats to secure service ministries and more than 15 seats for sovereign portfolios. Cabinet positions in Iraq are traditionally allocated through political agreements under the muhasasa system, a post-2003 power-sharing arrangement among the country’s main political and ethnic groups.

Read more: Al-Zaidi named prime minister: Easy nomination, harder road ahead1778179509989_�المنهاج النهائي 5-5-2026.pdf  (it's in Arabic) 

https://www.shafaq.com/en/Iraq/Iraq-s-PM-designate-unveils-14-point-program-before-confidence-vote

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