Dinar Recaps 20 8/17/26 Dinar Recaps 20 8/17/26

2026

Coffee with MarkZ, joined by Bob Lock. 08/17/2026

Some 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

MZ: Three Zeroes......3 0's, deleting zeroes, whatever you want to call it dominates today's news. We will also cover the invasion of Spain and Bob Lock joins us for trust questions.

Coffee with MarkZ, joined by Bob Lock. 08/17/2026

Some highlights by PDK-Not verbatim

MZ: Three Zeroes......3 0's, deleting zeroes, whatever you want to call it dominates today's news. We will also cover the invasion of Spain and Bob Lock joins us for trust questions.

MZ: On the bond side I had 3 contacts reach out since yesterday evening and this morning…and all 3 had the same story.

MZ: In a nutshell all 3 claimed that things went exceptionally well this weekend and it is kicking off and they all will be paid within the next 2 weeks and toward the end of that we will be exchanging currencies.

MZ: They were told this by their leaders, paymasters and attorneys. So 3 different sources from different continents. I do not believe they have cash yet.

MZ: Short bank story. From a Wells Fargo and one of our members- “So yesterday (Saturday) I accompanied my friend to a WF branch. While waiting for her in the lobby I saw new machines in a glass walled room and asked an employee if those were the new currency exchange machines….she said “Yes they were and they arrived just a couple weeks ago”. She told me that for the time being only the manager can use them but, two bank employees were training to work them soon for the new currency exchange system…... This was in Florida.

MZ: This is happening with many banks and does not make sense unless they were preparing for something.

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

https://rumble.com/user/theoriginalmarkz

Kick: https://kick.com/theoriginalmarkz

Markz's linktree https://linktr.ee/theMarkZshow

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 )https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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

Youtube: https://www.youtube.com/watch?v=hEh-Z_4laPY

Dinar Recaps 20 8/17/26 Dinar Recaps 20 8/17/26

Monday Iraq News Posted by Tishwash at TNT 8-17-2026

TNT:

Tishwash: Late-night meeting of the four presidencies to discuss three "serious" issues in Iraq

The four presidencies will hold an important meeting this evening, Monday, focusing on the issue of limiting weapons and options for confronting factions that refuse to disarm after the September 30 deadline.

According to an informed source who spoke to Shafaq News Agency, the meeting to be held between Prime Minister Ali al-Zubaidi, Speaker of Parliament Hebat al-Halbousi, President Nizar Amidi, and Head of the Supreme Judicial Council Faiq Zaidan will focus on two issues: first, restricting weapons, and second, continuing the fight against corruption and ensuring there are no red lines in pursuing any person accused of corruption, regardless of their governmental or political position.

TNT:

Tishwash: Late-night meeting of the four presidencies to discuss three "serious" issues in Iraq

The source explained that the meeting will also discuss the economic situation and the serious financial crisis that Iraq is going through due to the halt in its oil exports through the Strait of Hormuz, and possible solutions to confront the crisis in the coming period.

The issue of armed factions is one of the most sensitive issues facing the Iraqi government, with the approach of September 30, which the main political forces have set as the deadline for restricting weapons to official institutions.

In September 2024, Iraq and the United States agreed to end the military mission of the US-led international coalition against ISIS in Iraq, as part of a phased plan to move the security relationship between the two countries from the framework of the coalition to a bilateral partnership.

On Sunday, the State of Law coalition, led by Nouri al-Maliki, submitted a proposal to separate the date of the withdrawal of US forces from Iraq from the issue of disarming the factions, within the framework of a vision that is still "under study".

Regarding the fight against corruption, a campaign of arrests was launched in Iraq in late June, targeting political officials, members of parliament, and businessmen, as part of a campaign called "Operation Dawn," which Prime Minister Ali al-Zubaidi described as the "first phase" of broader measures to recover public funds, while tasking oversight bodies with receiving any indications related to cases of corruption or negligence in state institutions.

On the financial level, Iraq is experiencing a serious financial crisis, which has resulted in the delay in paying the salaries of a number of Iraqi state employees for the month of July, amidst accumulated living expenses and increasing economic pressures that have begun to be clearly reflected in the Iraqi markets. link

Tishwash: Minister of Communications: The decision to remove zeros and change the Iraqi currency has been finalized.

Communications Minister Mustafa Sand said that the decision to remove zeros from the Iraqi currency and change it has been finalized, noting that implementing this step will contribute to bringing hoarded funds out of the banking system and returning them to the economic cycle .

During a televised interview followed by Al-Sa’a Network, Sand added that “the currency exchange process will push those who hoard money to disclose it, while other amounts will remain outside the exchange process, especially money that its owners cannot show,” referring to money obtained from corruption or illegal activities, in addition to money that is lost or belongs to deceased people, which may reduce the size of the circulating cash mass.

He pointed out that "the value of the money that may not be exchanged could reach, according to his estimates, about 8 trillion dinars," considering that "its non-return practically means that the state will not be obliged to issue its equivalent in new currency."

Sand’s statements come after a wide controversy she stirred up regarding changing the Iraqi currency and removing zeros, as the “Eco Iraq” observatory denounced the announcement of sensitive economic and monetary decisions through unqualified entities, while the Central Bank of Iraq and the Ministry of Finance remained silent .

The observatory said in a statement received by Al-Sa’a Network that managing a file as large as the national currency through scattered statements, instead of official statements issued by the competent monetary and financial authorities, reflects a weakness in government coordination, warning that ambiguity may open the door to rumors and speculation and affect citizens’ confidence in the national currency, and demanding that the Central Bank and the Ministry of Finance issue an official clarification regarding the truth of the decision, its implementation mechanisms and its timetable . link

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

Tishwash: Economic Observatory: Government silence regarding "currency change" is confusing the Iraqi dinar market

Observatory of Iraq criticized the confusion in the government’s discourse, which is represented in announcing sensitive economic and monetary decisions, such as changing the currency, through unqualified entities, amid the silence of the Central Bank of Iraq and the Ministry of Finance.

The observatory stated in a statement received by Shafaq News Agency that "managing a file as large as the national currency through scattered statements, instead of clear official conferences and statements issued by the competent monetary and financial authorities, reflects a weakness in government coordination," explaining that "such confusion opens the door to rumors, speculation, market disruption, and harm to citizens and the country."

The observatory warned that "this ambiguity affects the economic security of citizens and may affect their confidence in the national currency and increase the demand for foreign currencies and gold, thus exacerbating the state of anxiety in the market."

Tishwash: Iraq Struggles to Contain Volatile Dinar Currency Disparity

At a Glance

The Iraqi dinar reached its peak value during the 1970s when one dinar was worth four U.S. dollars.

Conflict and economic embargoes during the 1990s caused the currency to crash to 3,000 dinars per dollar.

The Central Bank fixed the official rate at 1,320 IQD, but parallel market rates remain high at 1,530 IQD.

The government has failed to contain the significant price gap between official state channels and open market vendors.

Channel8 has learned that decades of geopolitical conflict, sanctions, and market resistance have left Iraq unable to bridge the gap between its official 1,320 IQD peg and parallel market rates exceeding 1,530 IQD, cementing a historic decline from its four-dollar peak in the 1970s.

Key Statements and Focus Area

On current market disparity: A persistent, wide gap remains between Iraq's official and market exchange rates, with open markets trading at 1,530 IQD despite the Central Bank's 1,320 IQD official peg.

On structural historical declines: This modern monetary disparity mirrors the volatile historical trajectory of the Iraqi dinar, which collapsed from its historic peak of four dollars per dinar to some of its lowest historical levels.

On modern monetary interventions: Although the government devalued the dinar to 1,460 IQD in 2021 due to crashing oil revenues and later revalued it to 1,320 IQD in 2023, the market resisted, with street prices occasionally spiking to 1,700 IQD.

Chronological Eras of the Iraqi Dinar Value

1968–1979 (The Peak): The currency maintained its absolute highest valuation, trading at a stable rate of 1 IQD to $4.00 USD.

1980–1988 (The Iran-Iraq War): Wartime economic strain caused a minor depreciation, adjusting the value to 1 IQD to $3.30 USD.

1991–2003 (The Sanctions Era): Under a crushing economic blockade and excessive domestic printing, the currency collapsed to 3,000 IQD to $1 USD.

2004–2021 (Post-War Stabilization): The introduction of a new currency stabilized the market, keeping exchange rates steady between 1,180 IQD and 1,200 IQD per dollar.

In recent weeks, the Iraqi dinar strengthened against the U.S. dollar, with the exchange rate dropping from a peak of nearly 160,000 IQD to 153,000 IQD per 100 dollars.

This decline was driven by the U.S. government lifting restrictions on several private Iraqi banks and the Central Bank of Iraq addressing rumors of currency devaluation.

Market traders told Channel8 that ongoing government financial stabilization measures, including organized customs duty collections via the ASYCUDA system, helped restore public sector confidence, keeping the dollar from climbing back to its June peaks.

Speaking to Channel8 today, Jabar Goran, spokesperson for the Slemani Currency Exchange Market, highlighted that deleting zeros from the dinar would compel holders of hidden cash reserves to disclose their origins, effectively rendering tens of trillions in illicit funds unusable.

Goran also dismissed rumors of an Iraqi dinar exchange-rate adjustment, stating that a devaluation is unnecessary because rising revenues have offset increased expenditures.

The spokesperson previously predicted that if regional geopolitical tensions ease and vital maritime trade channels like the Strait of Hormuz remain stable, the parallel market exchange rate could significantly strengthen, potentially dropping down to a range between 146,000 and 147,000 IQD per $100 USD.

FYI

The Iraqi dinar was originally introduced into circulation in 1932. Following the regime change in 2003, the Coalition Provisional Authority introduced an entirely overhauled banknote series widely known as the "Bremer Print."

This new issue systematically replaced both the pre-1991 high-quality "Swiss Print" and the poorly printed, easily counterfeited banknotes produced locally during the 1990s sanctions era.

This monetary timeline demonstrates that prolonged foreign wars, domestic mismanagement, and geopolitical shifts remain the primary drivers behind the dynamic instability of the dinar against global currencies. link

Tishwash: The Prime Minister's advisor: The government has translated its promises into restructuring the national economy.

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, affirmed on Saturday that evaluating Prime Minister Ali al-Zaidi's government after 100 days in office should not be limited to the number of days it has spent in power, but rather to the direction it has chosen since taking office. He pointed out that the government assumed responsibility in a highly complex Iraqi context.

According to the official newspaper, Salih stated, "The government came to power in a highly complex Iraqi context: an economy heavily dependent on oil, a state burdened by a long administrative and financial legacy, entrenched corruption, security and sovereignty challenges, and increasing social pressure seeking job opportunities, services, and a decent life."

He added, "Al-Zaidi's government did not deal with these issues as separate crises, but rather tried to view them as parts of a single problem: building the state and restoring its ability to manage its resources and interests."

He indicated that "the fight against corruption was at the forefront of the files to which the government gave clear priority," explaining that "the importance lies not only in opening files or taking measures, but in moving the fight against corruption from the usual political rhetoric to a more institutional path based on oversight, recovering public funds, and holding those involved accountable."

He explained that "transforming the fight against corruption into a declared and ongoing battle is an important step in the right direction, after corruption has become, for many years, one of the biggest obstacles to state-building."

Saleh pointed out that "the al-Zaidi government did not merely manage the existing economy, but also proposed the idea of reforming its structure," indicating that "talk of program-based budgeting, reforming the banking sector, developing the tax and customs systems, supporting the private sector, and creating new tools to finance development and investment reflects an attempt to move from an economy that relies on rent-seeking to one that can generate value."

He emphasized that "Iraq does not lack resources, but rather the ability to transform those resources into production, job opportunities, and sustainable wealth," noting "the importance of the government's focus on investment, energy, and infrastructure, and its efforts to open the door to broader investment partnerships."

He added that "economic diversification is not just a financial slogan, but the path to building a genuine labor market and reshaping the Iraqi middle class based on work, production, and efficiency."

Regarding the private sector, Saleh explained that "Iraq cannot build its future relying solely on government jobs," clarifying that "what is needed is an economy that creates opportunities outside the state and gives doctors, engineers, merchants, farmers, industrialists, and entrepreneurs real space to grow."

He pointed out that "the government's success in this direction will not be measured only by the volume of investments it attracts, but also by the number of productive jobs it creates and its ability to translate investment into tangible economic activity that citizens feel."

At the level of the state and sovereignty, Saleh emphasized that "the insistence on the state's monopoly on the use of force and the restoration of national decision-making sends a clear political message that building the economy cannot be separated from building the state," stressing that "there is no strong economy without a strong state, no stable investment without a clear security and sovereign environment, and no stable middle class without institutions operating within the framework of the law."

Regarding the energy sector, he noted that "the government views electricity and energy as more than just service-related matters; they are the foundation of industry, investment, and production, and any real success in this sector can have a positive impact on the entire economy."

He explained that "the government's actions in energy and investment can be interpreted as part of a broader project aimed at transforming Iraq from an economy that consumes its resources to one that can invest them."

Saleh stated that "what is most striking about al-Zidi's experience during this short period is that the government did not hide behind difficult circumstances, but rather tackled the most challenging issues, including corruption, oil revenues, public finances, energy, investment, the private sector, and sovereignty."

He emphasized that "governments are not only judged by the files they close, but also by what they dare to open," pointing out that "the first few months cannot be sufficient to judge the results of reforms that, by their nature, require years, but they can be enough to discern the government's direction and political will."

He clarified that "al-Zidi, in his economic discourse, does not simply propose increasing spending, but rather speaks of reforming the structure of the economy, and he does not address combating corruption as a media campaign, but as a national issue."

He added, "The government does not treat the private sector as a mere guest in the Iraqi economy, but rather as a fundamental partner in wealth creation. It does not view energy as simply a service, but as a foundation for development. Nor does it separate sovereignty and stability from the ability to attract investment and build the economy."

He emphasized that "the government's success in translating its initial proposals into sustainable policies and tangible results means it will not have merely achieved scattered governmental accomplishments, but will have begun to redefine the relationship between the state, the economy, and the citizen."

He pointed out that "the most significant value at the beginning of al-Zaidi's term is the renewed focus on how to transition from a rentier state to a wealth-creating state, and from an economy where the rich get richer as opportunities dwindle for others, to an economy where increased individual wealth contributes to the wealth of society."

Saleh concluded by saying, "The importance of the first hundred days does not lie in achieving everything, but rather in demonstrating that there is a government willing to address long-postponed issues." He explained that "the courage to tackle these difficult files may be the first real achievement, even before its results become apparent on the ground." link

Dinar Recaps 20 8/17/26 Dinar Recaps 20 8/17/26

News, Rumors and Opinions Monday 8-17-2026

Ariel: PM Al-Zaidi is Not Planning to Go Through Parliament

8-17-2026

PM Ali al-Zaidi Is Not Planning To Go Through Parliament:

He Doesn’t Have To And Here Is Why

Article 80 of the Iraqi Constitution grants the Council of Ministers authority to issue administrative regulations and execute policy decisions in coordination with the Central Bank of Iraq without a parliamentary vote specifically in matters of monetary sovereignty and financial system management.

Ariel: PM Al-Zaidi is Not Planning to Go Through Parliament

8-17-2026

3 Things To Note

1. CBI Board approval Already secured (unanimous, August 11 closed session).

2. Council of Ministers sign-off Already secured (August 13 emergency session, no dissent).

3. Finance Committee notification (not approval) Delivered August 14, 18 hours before Sand’s announcement.

Parliament can object.

Parliament can scream.

Parliament cannot stop this.

The legal framework was built specifically to prevent parliamentary obstruction of monetary reform because every previous attempt at zero removal was killed by MP factional infighting between 2020 and 2024.

Ali al-Zaidi studied those failures. He engineered around them.

That statement was coordinated, not with Baghdad press, but with Treasury’s Office of International Affairs via a backchannel that runs through Amman.

The phrase “decision to change the currency” is deliberate. It’s not a proposal. It’s not under consideration. The word used in the Arabic original — qarar — means a decision already issued. Already made. Already signed.

What Sand did not say matters more. He did not say “parliamentary approval required.” He did not say “pending legislation.” He said “ready.” That word came from the Central Bank of Iraq’s Currency Reform Committee, which has been operational since March but never publicly named.

~Parliament was going to stall past October. Now they react in days, not weeks. Let them file procedural complaints. The CBI controls the ledger, and the ledger is already migrated.

Source(s):
• https://x.com/Prolotario1/status/2088860147921703114

https://dinarchronicles.com/2026/08/16/prolotario-pm-al-zaidi-is-not-planning-to-go-through-parliament/

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

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

Reset IntelligenceRemember, Germany, 1948 - The money flips in the middle of the chaos. Not after it. Iraq is running the same play, in the open and on the record. The crisis you are seeing is the old system's last months. Behind it, this week alone: borders onto one ledger, weapons into a statute, a budget that must print the IQD's real effective exchange rate.

JeffThe budget comes after the rate change...the pseudo '26 budget and the cabinet are coming to a head at the same time...A completed cabinet is the lynch pin to the rate change...It'll probably be 24 to 48 hours notice at best...to whatever date they're going to do the cabinet...If they were going to do it around next weekend, they might not tell us till maybe Thursday or Friday...It's going to be very short notice

Militia ManArticle quote "The finance committee has taken upon itself the legislation of grants and borrowing law and an agreement was reached with the government...the first reading will take place next week...There's an agreement between the prime minister and the finance committee that there should be a budget and that it should be passed in the House of Representatives as quickly as possible...which will determine the exchange rate." I have never seen that before. Anybody who's been here for 23 years has never seen that before. I think you guys should be sitting up in your seats and smiling about that...Linking the budget explicitly to determining the exchange rate is a...change in pattern.

The Dollar System is Dead-What comes next?

WTFinance: 8-16-2026

On this episode of the WTFinance podcast I had the pleasure of welcoming on Simon Dixon.

During our conversation Simon spoke about his overview of the markets, potential treasury intervention, pumping stock market higher, Plaza accord 2.0, end game of central banks and more.

0:00 - Introduction

2:06 - Overview of the economy and markets?

5:35 - Treasury intervention

7:40 - Pumping stock market higher

12:43 - Middle East Outcome

19:28 - Multipolar financial world

22:24 - Plaza Accord 2.0

28:25 - End game of Central Banks

30:28 - Gaining control

35:25 - Protect yourself

42:40 - One message to takeaway?

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

DINARRECAPS8 8/17/26 DINARRECAPS8 8/17/26

Iraq Economic News and Points To Ponder Monday Morning 8-17-26

Telecom Minister Claims Dinar Redenomination Finalized, Drawing Criticism

Iraq Jawad Al-Samarraie August 16, 2026 Baghdad (IraqiNews.com) — Minister of Communications Mustafa Sanad stated in a televised broadcast that the government decision to redenominate the Iraqi Dinar and delete three zeros from the national currency is officially finalized. Sanad asserted that replacing the current banknotes will force hoarded cash back into formal banking channels while eliminating an estimated 8 trillion IQD ($6.1 billion) in unexchanged currency tied to illicit gains, corruption, and lost funds.

Telecom Minister Claims Dinar Redenomination Finalized, Drawing Criticism

However, the minister’s pronouncements have triggered backlash from economic monitors over fiscal messaging and central bank authority.

Key Statements & Fiscal Arguments

Finalized Redenomination: Sanad stated the decision to remove zeros and issue a restructured currency is fully resolved.
Tackling Hoarded & Illicit Liquidity: Replacing existing currency will compel citizens to deposit hoarded cash into formal banking institutions, bringing idle liquidity back into the national economic cycle.
Projected 8T IQD Money Supply Contraction: An estimated 8 trillion IQD in physical banknotes may never be submitted for exchange due to illicit origins,criminal gains, or deceased/unclaimed holdings.
State Balance Sheet Relief: Sanad argued that unexchanged legacy banknotes will permanently exit circulation, meaning the state will not be required to issue equivalent replacement notes, reducing the overall money supply.

Sanad’s declarations prompted criticism from economic monitoring group Eco Iraq Observatory, which rebuked cabinet ministers for announcing sensitive monetary policies outside official central banking channels.

The observatory warned that broadcasting national currency reforms through ad-hoc political interviews rather than institutional communiqués undermines market confidence, fuels currency speculation, and signals fragmented inter-agency coordination. Eco Iraq formally urged the Central Bank of Iraq (CBI) and the Ministry of Finance to issue an official clarification detailing the veracity, operational mechanics, and statutory timeline of any currency restructuring plan.

https://www.iraqinews.com/iraq/sanad-dinar-redenomination-delete-zeros-eco-iraq-reaction-2026/

Iraq Has Finalized Its Decision To Redenominate The Iraqi Dinar By Removing Three Zeros From The National Currency.

Iraqi News @IraqiNews_com The move is meant to force hoarded cash back into formal banking channels while eliminating an estimated 8 trillion IQD, about $6.1 billion, in unexchanged currency tied to illicit gains, corruption, and lost funds.

Since old banknotes that are never exchanged will permanently exit circulation, the state won't need to issue equivalent replacement notes, effectively shrinking the overall money supply.

The announcement has drawn criticism from economic monitoring group Eco Iraq Observatory, which warned that announcing sensitive currency reforms through ad hoc interviews rather than official channels risks undermining market confidence and fueling speculation.

The group has called on the Central Bank of Iraq and Ministry of Finance to issue an official clarification on the plan's details and timeline. https://iraqinews.com/iraq/sanad-din

https://x.com/IraqiNews_com/status/2089232903687540927

Economic Observatory: Government Silence Regarding "Currency Change" Is Confusing The Iraqi Dinar Market

2026-08-16 Shafaq News - Baghdad On Sunday, the Economic Observatory of Iraq criticized the confusion in the government’s discourse, which is represented in announcing sensitive economic and monetary decisions, such as changing the currency, through unqualified entities, amid the silence of the Central Bank of Iraq and the Ministry of Finance.

Eco Iraq held the Central Bank and the Ministry of Finance "responsible for clarifying the truth about the decision and any confusion in the Iraqi market resulting from their silence," demanding that the competent authorities "issue an official statement explaining the reasons for changing the currency, the implementation mechanisms, the timetable, and guarantees to protect citizens' savings and market stability."

https://www.shafaq.com/ar/اقتصـاد/مرصد-اقتصادي-الصمت-الحكومي-زا-تغيير-العملة-يربك-سوق-الدينار-العراقي

Mustafa Sand Reveals A Government Plan To Remove Zeros And Change The Currency... And 8 Trillion Dinars Is The Value Of The "Missing Figures".

Baghdad - One News Communications Minister Mustafa Sand revealed a government plan to reintroduce the project of removing zeros from the Iraqi dinar and changing the currency, noting that the value of what he described as the “missing figures” amounts to about 8 trillion dinars, in a move that would bring the national currency file back to the forefront of economic discussion after years of raising it and postponing it.

Talk of the project comes amid controversy and questions about its implementation mechanism and its potential repercussions on markets, prices and citizens’ savings, as well as the fate of the large amount of cash circulating outside the banking system.

The idea of removing zeros is based on issuing a new currency and recalculating nominal values after removing three zeros, so that every thousand dinars of the current currency becomes equivalent to one dinar in the new currency, with salaries, prices, savings, debts and contracts being recalculated in the same proportion.

Thus, removing zeros does not in itself mean an increase in the purchasing power of the dinar or an increase in the value of citizens’ savings, but rather represents a renaming and reorganization of monetary values, unless it is accompanied by other changes in monetary policy or the exchange rate.

Changing the currency may give monetary authorities an opportunity to reorganize the money supply and withdraw some of the money circulating outside the banking system, as replacing the old currency with the new one requires introducing large quantities of cash into banks and exchange outlets within a time period determined by the competent authorities.

But the new talk opens the door to questions about the final official position on the project, especially since it comes after a previous government denial, last June, of the existence of an official decision to remove zeros, change the currency, or amend the exchange rate of the dinar.

The government position at the time had confirmed that Iraq was facing a temporary liquidity crisis and not a structural financial crisis, while the Central Bank of Iraq had confirmed in previous statements that there was no intention to change the exchange rate.

Between the new statements and previous positions, the implementation of the project to remove zeros remains contingent on an official announcement clarifying the nature of the decision, its implementation mechanism, and the timetable for currency replacement, as well as how to deal with salaries, savings, contracts, prices, and the cash holdings outside banks.https://1news-iq.net/مصطفى-سند-يكشف-عن-توجه-حكومي-لحذف-الأصف/

106 Trillion Outside Banks... Removing Zeros Unlocks The Vaults Of The Money Supply

Baghdad - Al-Sa'a Network The Iraqi government's move to revisit the project of removing zeros from the dinar has sparked widespread controversy and concern in the markets, amid questions about the implications of the move on the value of the currency, prices and savings, and whether the project will be limited to renaming the currency denominations or will turn into a tool for reorganizing the money supply and withdrawing funds circulating outside the banking system, according to the "Eram News " website.

The website, in a report seen by Al-Sa’a Network, quoted its sources as saying that “removing the zeros could coincide with the return of funds to the banking system, especially since about 106 trillion dinars, representing about 94% of the total money supply of 113 trillion dinars, is circulating outside banks .”

He added that "returning these funds to bank accounts could allow banks to reinvest them in the form of loans with appropriate interest rates, and direct them to the production, industry, agriculture, trade and real estate sectors, thus turning funds outside the banking system into part of the formal economic cycle ."

He noted that "discussions regarding the removal of zeros are still ongoing, and there is a difference of opinion regarding whether to change the currency or just remove the zeros, and therefore the project has not yet reached the stage of a final decision ."

He explained that "the government's approach and the Central Bank's management aim, within the proposed vision, to withdraw about 10 trillion dinars from the money supply, which is equivalent to about 7.6 billion dollars according to a rate of 1310 dinars to the dollar, and return it to the banking cycle, but the process at the same time has costs and needs to study its effects on the market ." https://alssaa.com/post/show/58808-106-تريليونات-خارج-المصارف-حذف-الأصفار-يفتح-خزائن-الكتلة-النقدية

Removing Zeros Will Include Converting Salaries, Prices, Balances, And Financial Obligations

1 News - One News @onenewsiq Translated from Arabic Al-Araby Al-Jadeed newspaper: Removing zeros will include converting salaries, prices, balances, and financial obligations by the same ratio without increasing the citizen's purchasing power. #OneNews

https://x.com/onenewsiq/status/2089136372653216214

"It Affects Economic Security": Eco Iraq Criticizes The Proposal To Change The Currency Outside Of Official Institutions And Warns Of Increased Demand For The Dollar And Gold.

The Economic Observatory “Eco Iraq” criticized on Sunday what it described as the confusion in the government’s discourse regarding sensitive economic and monetary issues, particularly talk about changing the currency, warning that the absence of official clarifications from the Central Bank of Iraq and the Ministry of Finance may open the door to rumors, speculation and market confusion.

The observatory said in a statement that managing a file as large as the national currency through scattered statements issued by unqualified parties, instead of clear official conferences or statements from the relevant monetary and financial institutions, reflects a weakness in government coordination and increases the ambiguity about the true directions being proposed.

He added that dealing in this way with a file that is directly related to monetary policy and citizens’ savings may lead to the spread of rumors and speculation in the market, and affect citizens’ view of the stability of the national currency.

Eco Iraq warned that continued uncertainty regarding currency change could affect what it described as the “economic security of citizens” and impact confidence in the Iraqi dinar, potentially leading to increased demand for foreign currencies and gold, and hedging against any possible changes.

The observatory noted that any increase in anxiety levels within the market, as a result of the lack of official information, may be reflected in the movement of demand, prices and economic expectations, especially in light of the sensitivity of issues related to the exchange rate and monetary policy.

The observatory held the Central Bank of Iraq and the Ministry of Finance responsible for clarifying the truth about what is being proposed regarding changing the currency, in addition to addressing any confusion that the market may witness as a result of the continued official silence regarding the issue.

“Eco Iraq” called on the relevant authorities to issue an official statement clarifying the true nature of the proposed approach, its reasons, and the mechanisms for its implementation if there is an actual decision, as well as specifying the timetable and guarantees for protecting citizens’ savings and maintaining market stability.

The observatory stressed that clear official communication and coordination among relevant institutions are essential factors in preventing the spread of inaccurate information and curbing speculation, especially when it comes to monetary decisions that can directly affect citizens' confidence in the national currency and the Iraqi market. https://1news-iq.net/يمس-الأمن-الاقتصادي-إيكو-عراق-ينتقد/

Iraq Struggles to Contain Volatile Dinar Currency Disparity

Daban Mohammed

At a Glance

The Iraqi dinar reached its peak value during the 1970s when one dinar was worth four U.S. dollars.
Conflict and economic embargoes during the 1990s caused the currency to crash to 3,000 dinars per dollar.
The Central Bank fixed the official rate at 1,320 IQD, but parallel market rates remain high at 1,530 IQD.
The government has failed to contain the significant price gap between official state channels and open market vendors.

Key Statements and Focus Area

On current market disparity: A persistent, wide gap remains between Iraq's official and market exchange rates, with open markets trading at 1,530 IQD despite the Central Bank's 1,320 IQD official peg.
On structural historical declines: This modern monetary disparity mirrors the volatile historical trajectory of the Iraqi dinar, which collapsed from its historic peak of four dollars per dinar to some of its lowest historical levels.
On modern monetary interventions: Although the government devalued the dinar to 1,460 IQD in 2021 due to crashing oil revenues and later revalued it to 1,320 IQD in 2023, the market resisted, with street prices occasionally spiking to 1,700 IQD.

Chronological Eras of the Iraqi Dinar Value

1968–1979 (The Peak): The currency maintained its absolute highest valuation, trading at a stable rate of 1 IQD to $4.00 USD.
1980–1988 (The Iran-Iraq War): Wartime economic strain caused a minor depreciation, adjusting the value to 1 IQD to $3.30 USD.
1991–2003 (The Sanctions Era): Under a crushing economic blockade and excessive domestic printing, the currency collapsed to 3,000 IQD to $1 USD.
2004–2021 (Post-War Stabilization): The introduction of a new currency stabilized the market, keeping exchange rates steady between 1,180 IQD and 1,200 IQD per dollar.

In recent weeks, the Iraqi dinar strengthened against the U.S. dollar, with the exchange rate dropping from a peak of nearly 160,000 IQD to 153,000 IQD per 100 dollars.

This decline was driven by the U.S. government lifting restrictions on several private Iraqi banks and the Central Bank of Iraq addressing rumors of currency devaluation.

Goran also dismissed rumors of an Iraqi dinar exchange-rate adjustment, stating that a devaluation is unnecessary because rising revenues have offset increased expenditures.

FYI

This new issue systematically replaced both the pre-1991 high-quality "Swiss Print" and the poorly printed, easily counterfeited banknotes produced locally during the 1990s sanctions era.

https://channel8.com/english/news/63882

DINARRECAPS8 8/17/26 DINARRECAPS8 8/17/26

Seeds of Wisdom RV and Economics Updates Monday Morning 8-17-26

Good Morning Dinar Recaps,

The Bond Market Is Repricing the Global Financial System

August 17, 2026

The most important financial signal may not be coming from a central bank. It may be coming from the bond market. After the U.S. 30-year Treasury auction produced a 5.216% yield, long-term borrowing costs have moved into territory that would have seemed extraordinary during the low-rate era. Now, rising yields are appearing across other major sovereign bond markets as investors reassess inflation, government debt and the future path of interest rates.

Good Morning Dinar Recaps,

The Bond Market Is Repricing the Global Financial System

August 17, 2026

Overview

The U.S. Treasury's latest 30-year auction produced a 5.216% yield, the highest auction yield since 2001, highlighting the rising cost of long-term government financing.
Japan's 10-year government bond yield has now reached a three-decade high, showing that the pressure on sovereign debt markets extends beyond the United States.
Investors are increasingly confronting a difficult combination of large government debt loads, inflation risk and higher-for-longer borrowing costs, potentially changing how capital is priced across the global economy.

Key Developments

1. The U.S. bond market has crossed an important threshold

The Treasury's August 13 sale of $25 billion in 30-year bonds cleared at 5.216%. That was substantially above the 5.058% yield at the previous comparable auction.

The significance goes beyond the individual auction.

The 30-year Treasury is one of the most important benchmarks for long-term borrowing throughout the U.S. economy. When its yield rises, the effects can spread into mortgages, corporate borrowing, real estate, infrastructure financing and investment valuations.

Federal Reserve data shows the 30-year Treasury market yield was around 5.21% on August 13, confirming that the elevated auction yield was consistent with broader market conditions rather than an isolated auction result.

The cost of financing the world's largest sovereign debt market is being repriced.

2. The pressure is spreading beyond the United States

The development becomes more significant when viewed internationally.

Japan's 10-year government bond yield climbed to approximately 2.93% on August 17, its highest level since 1996 and close to the psychologically important 3% threshold.

Japan is particularly important because its government has operated for decades with exceptionally low interest rates.

A major change in Japanese bond yields therefore has implications beyond Japan. Higher domestic yields can alter where Japanese investors place capital, potentially affecting global bond markets, currencies and international investment flows.

At the same time, euro-zone government bond yields are also near multi-year highs as investors weigh inflation risks associated with the Middle East conflict.

This is beginning to look less like a single-country bond-market problem.

It is becoming a global repricing of sovereign risk and the cost of money.

3. Central banks are losing some control over the long end of the market

This is one of the most important distinctions for understanding what is happening.

Central banks control—or strongly influence—short-term interest rates.

They do not directly control where investors ultimately decide that 10-, 20- or 30-year government debt should trade.

The Federal Reserve could eventually lower its policy rate while long-term Treasury yields remain elevated if investors continue demanding greater compensation for inflation, fiscal risk and the supply of government debt.

That creates a potentially uncomfortable environment for policymakers.

Short-term rates could fall while long-term borrowing costs remain high.

That would make a traditional monetary-policy recovery more difficult.

4. Government debt is becoming increasingly sensitive to interest rates

Higher yields matter because governments must continually refinance existing debt while issuing new debt to finance deficits.

The higher the interest rate, the greater the cost of that refinancing.

This creates a structural feedback loop:

Higher debt → greater issuance → greater supply of bonds → investors demand more yield → higher borrowing costs → larger interest expense → greater fiscal pressure.

This does not mean the United States is approaching a default.

It means interest expense is becoming an increasingly important component of fiscal policy.

And the same basic issue exists in many other highly indebted economies.

5. Japan illustrates how monetary policy, currency markets and bonds are becoming interconnected

Japan provides an especially useful example because its bond-market pressures are occurring alongside significant yen volatility.

The yen has remained under pressure despite recent U.S.-Japan intervention, while investors increasingly expect the Bank of Japan to consider additional rate increases.

That creates a chain reaction:

Yen weakness → higher import costs → inflation pressure → higher Japanese rates → higher JGB yields → changes in global capital flows.

The same basic connections are appearing elsewhere.

Currency markets, central banks and sovereign bond markets can no longer be treated as separate stories.

Why It Matters

For years, investors operated in an environment where extremely low interest rates made borrowing relatively inexpensive and encouraged capital into stocks, real estate and other higher-risk assets.

That environment is changing.

A 5%-plus long-term Treasury yield gives investors an alternative to assets that must depend on future growth or appreciation.

When the risk-free rate rises, the hurdle for virtually every other investment rises with it.

This can affect:

Equities. Future corporate earnings are discounted at higher rates.
Real estate. Higher financing costs can pressure property valuations.
Corporate debt. Companies must pay more to refinance.
Emerging markets. Higher developed-market yields can attract capital away from emerging economies.
Currencies. Interest-rate differences can produce significant capital flows.

The bond market therefore acts as a transmission mechanism for the repricing of the entire financial system.

Why It Matters to Foreign Currency Holders

This development is particularly important for anyone watching foreign currencies.

Currency values are influenced by interest-rate differentials, capital flows, trade balances, inflation and investor confidence.

If U.S. long-term yields remain substantially higher than those available elsewhere, global investors have a strong incentive to consider dollar-denominated assets.

But if rising U.S. debt and higher yields eventually create concerns about fiscal sustainability, the relationship becomes more complicated.

That is why a changing bond market deserves attention alongside currency markets.

The next major currency move could be influenced as much by sovereign debt and capital flows as by traditional foreign-exchange fundamentals.

Implications for the Global Reset

Debt: Higher yields increase the cost of financing and refinancing government debt, making debt sustainability a more important component of global financial policy.
Central Banks: Monetary authorities may discover that cutting short-term rates does not automatically bring long-term borrowing costs down.
Currencies: Capital is increasingly being allocated according to differences in yields, inflation expectations and perceived fiscal strength.
BRICS: Higher borrowing costs and greater sensitivity to the dollar-centered financial system may provide additional incentives for emerging economies to develop local-currency settlement and alternative payment infrastructure.
Global Finance: The financial system may be moving toward an environment in which the price of sovereign debt—not simply central-bank policy—plays a larger role in determining the cost and direction of global capital.

What to Watch

• Whether the U.S. 30-year Treasury yield remains above 5%.

• Whether Japan's 10-year yield approaches or breaks the 3% level.

• Whether European sovereign yields continue rising.

• Whether central banks begin cutting short-term rates while long-term yields remain elevated.

• Whether higher government borrowing costs begin influencing fiscal policy.

• Whether investors increasingly diversify toward gold, commodities and non-dollar assets.

Bottom Line

The Global Financial Reset does not necessarily require a dramatic announcement, a new world currency or the collapse of the existing monetary system.

It can begin with prices.

When investors demand a different return to finance governments for 10, 20 or 30 years, the cost of capital throughout the economy changes.

The recent U.S. 30-year Treasury auction above 5.2%, followed by a three-decade high in Japan's 10-year government bond yield, suggests that this repricing is no longer confined to one market.

The significance is not that a financial reset has already occurred.

The significance is that the assumptions underlying the previous financial era are being challenged by the bond market itself.

Why This Could Be a Global Financial Reset Signal

The post-2008 financial system was built around very low interest rates, abundant liquidity and relatively inexpensive sovereign borrowing.

The emerging environment looks different.

Governments face enormous debt loads.
Inflation remains a risk.
Energy markets remain vulnerable to geopolitical shocks.
Central banks have less room to maneuver.
And investors are demanding more compensation for holding long-term government debt.

At the same time, countries outside the traditional Western financial core are developing local-currency trade, alternative payment systems and new sources of development financing.

That combination is worth watching.

The old system does not have to collapse for the financial architecture to change.

It only has to become progressively more expensive, more diversified and more sensitive to the underlying cost of capital.

Closing Perspective

The next major phase of the global financial reset may not be announced by a central bank—it may be priced into the bond market first, as investors force governments, currencies and policymakers to adjust to a world where the cost of capital is no longer close to zero.

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

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Dinar Recaps 20 8/16/26 Dinar Recaps 20 8/16/26

FRANK26….8-16-26….THEY ARRIVED

KTFA

Sunday Night Video

FRANK26….8-16-26….THEY ARRIVED

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

Sunday Night Video

FRANK26….8-16-26….THEY ARRIVED

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=gHcgb-Dnq_Q

Dinar Recaps 20 8/16/26 Dinar Recaps 20 8/16/26

“An Earthquake Is Coming”: The Debt Warning Investors Cannot Ignore | Francis Hunt

‍“An Earthquake Is Coming”: The Debt Warning Investors Cannot Ignore | Francis Hunt

Miles Franklin Media: 8-15-2026

Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, interviews Francis Hunt, market analyst and Founder of The Market Sniper, to examine growing stress in the U.S. Treasury market and the implications for gold, silver and global wealth preservation.

Hunt argues that the simultaneous decline in Treasury prices and the U.S. dollar represents a significant warning about confidence in the Western debt-based financial system.

‍“An Earthquake Is Coming”: The Debt Warning Investors Cannot Ignore | Francis Hunt

Miles Franklin Media: 8-15-2026

Hunt argues that the simultaneous decline in Treasury prices and the U.S. dollar represents a significant warning about confidence in the Western debt-based financial system.

He explains why rising yields may reflect a shortage of willing buyers rather than economic strength, how Japan’s need for liquidity could expose vulnerabilities in the Treasury market and why the yen carry trade could affect bonds, technology stocks and other risk assets.

The conversation also explores the shift toward gold-based settlement systems, central-bank gold accumulation and the growing importance of physical precious metals as confidence in sovereign debt weakens.

Hunt discusses gold’s role as enduring money, silver’s supply-demand imbalance and why investors may increasingly prioritize the return of capital over the return on capital. In this episode of Little by Little:

Warning signs in the U.S. Treasury market

Why bonds and the dollar are falling together

Japan, the yen carry trade and global contagion

The liquidity risk facing major Treasury holders

Why the Fed may be trapped

China and emerging gold settlement infrastructure

Gold as money and a wealth-preservation asset

Silver’s supply-demand imbalance and upside potential

Currency debasement, inflation and investor protection

How a debt crisis could spread across Western markets

00:00 Coming Up

02:13 Introduction

03:33 S&P Illusion Two Tier Economy

05:58 Yen Carry and Treasury Stress

09:40 Hotel California Bonds

14:18 Trust Breakdown and Gold Shift

15:42 Global South Parallel Rails

20:13 Gold Infrastructure and Taxes

25:50 Signals to Watch

32:37 Carry Trade Hits Tech

34:23 Lightning Round Takes

37:56 Biggest Investor Mistake

39:46 Where to Follow and Final Advice

41:55 Closing Thanks and Outro

https://www.youtube.com/watch?v=whr_70iQprM

Dinar Recaps 20 8/16/26 Dinar Recaps 20 8/16/26

Fifty-Five Years of Fiat Failure: Peter Schiff

Fifty-Five Years of Fiat Failure

Peter Schiff: 8-15-2026

Peter Schiff marks 55 years since Nixon closed the gold window and warns the coming inflation will dwarf the stagflation of the 1970s.

Peter Schiff marks the 55th anniversary of August 15, 1971, the day Nixon closed the gold window and defaulted on the Federal Reserve's promise to redeem dollars in gold.

He explains how deficit spending in the 1960s on the Great Society, Vietnam, and Apollo forced the choice between painful fiscal discipline and default, and how Nixon chose default disguised as reform.

Fifty-Five Years of Fiat Failure

Peter Schiff: 8-15-2026

Peter Schiff marks 55 years since Nixon closed the gold window and warns the coming inflation will dwarf the stagflation of the 1970s.

Peter Schiff marks the 55th anniversary of August 15, 1971, the day Nixon closed the gold window and defaulted on the Federal Reserve's promise to redeem dollars in gold.

Schiff traces the fallout: the collapse of the dollar's purchasing power, gold soaring from $35 to $850 by 1980, stagflation that confounded Keynesians, and the erosion of single-income American households.

Freed from gold's discipline, the government ran up massive debts, hollowed out the industrial base, and turned the world's largest creditor into its biggest debtor, with the national debt exploding from under $400 billion to over $28 trillion.

He argues gold is as underpriced today as it was in 1971, that the Fed under Warsh is stoking the very inflation it claims to fight, and that just as the world went off the gold standard, it will soon go off the dollar standard with far more devastating consequences.

His advice: follow Charles de Gaulle's example and exchange fiat money for real money before it's too late.

Chapters: 00:00

Nixon Shuts Gold Window

00:48 How Dollars Became Paper

03:08 1960s Spending Hits Limits

04:35 Nixon Chooses Default

06:51 Stagflation Fallout

09:05 Reserve Currency Abuse

10:23 Debt and Dollar Reckoning

11:12 2026 Inflation Warning

12:09 Protect Yourself With Gold

12:42 Final Call to Action

https://www.youtube.com/watch?v=dLwyxz19FH8

DINARRECAPS8 8/16/26 DINARRECAPS8 8/16/26

Iraq Economic News and Points To Ponder Sunday Afternoon 8-16-26

Anti-Graft Raid Nets $6.7M, Gold From Iraqi Electricity Official

2026-08-16 Shafaq News- Baghdad Iraq seized more than $6.7 million in cash, along with gold bars and jewelry, from several homes belonging to Khalid Ghazi Atiyah, deputy minister of Electricity for Transmission and Distribution Affairs, who recently faced allegations of financial and administrative corruption.

Anti-Graft Raid Nets $6.7M, Gold From Iraqi Electricity Official

The Federal Integrity Commission reported on Sunday that its investigators recovered 1.175 billion Iraqi dinars ($895,000) and $5.839 million. They also found seven gold bars and gold jewelry.

A security source told Shafaq News on Friday that Iraqi security forces had detained Atiyah over corruption allegations.

Last month, the Electricity Ministry dismissed the general manager of the Central Electricity Distribution Company, Alaa Samir, and his office director over corruption allegations. Eight department heads were also penalized over accusations of organizing fictitious and forged transactions.

https://www.shafaq.com/en/Security/Anti-graft-raid-nets-6-7M-gold-from-Iraqi-electricity-official

Iraq Ranks Fourth Among Turkiye's Foreign Homebuyers

2026-08-16 06:29 Shafaq News- Ankara/ Baghdad Iraqis sharply increased their home purchases in Turkiye in July, buying 144 properties compared with 98 in June and moving up to fourth place among foreign buyers, the Turkish Statistical Institute (TURKSTAT) reported on Sunday.

Iraqi buyers also acquired eight commercial properties in July, twice the four recorded in June.

Russian citizens led foreign home sales in July with 394 properties, followed by Iranians with 189 and Ukrainians with 145. Iraqis placed fourth, just one purchase behind Ukrainian buyers, marking a notable rise from June, when they were in sixth place.

In commercial property sales, Russians also topped the list with 22 purchases, followed by Iranians with 18 and Azerbaijanis with 13.

https://www.shafaq.com/en/Economy/Iraq-ranks-fourth-among-Turkiye-s-foreign-homebuyers

President Barzani Opens Secret US-IRGC Diplomatic Channel

2026-08-Shafaq News- Washington Kurdistan Region President Nechirvan Barzani helped establish a secret channel between the US administration and Iran's Islamic Revolutionary Guard Corps (IRGC), Axios reported on Sunday, as Washington sought to determine whether the powerful military force backed negotiations to end the February 28 war.

The channel emerged in mid-May, when US officials were uncertain whether Iranian Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi had the authority to reach a deal with Washington or whether the IRGC could block any agreement.

Citing three sources with direct knowledge of the contacts, Axios disclosed that the White House turned to Barzani because of his longstanding ties with both Washington and Tehran and his contacts with senior Iranian officials.

Around May 10, then-US Director of National Intelligence Tulsi Gabbard contacted Barzani with the approval of US President Donald Trump, asking him to help establish direct contact with IRGC commander General Ahmad Vahidi. On May 14, an Iranian official brought an encrypted phone to Barzani's office in Erbil, enabling the two men to hold a secure call.

During the call, Barzani asked whether the IRGC supported the negotiations. Vahidi responded positively, and the information reached Gabbard, who relayed it to the White House.

The contacts subsequently expanded into a proposal for a secret meeting between senior US and Iranian officials in Erbil, with Barzani serving as host and intermediary. Iran did not reject the proposal outright but raised security concerns, including fears that Israeli intelligence had an extensive network in the Kurdistan Region and that members of an Iranian delegation could be targeted in Erbil or while traveling to and from Iran. The meeting ultimately did not take place.

Barzani has since offered the White House further assistance in restarting the negotiations, as disputes over the Strait of Hormuz and broader regional security issues continue to hinder implementation of the US-Iran memorandum of understanding (MoU) signed on June 18, Axios reported.

https://www.shafaq.com/en/Kurdistan/President-Barzani-brokered-secret-US-IRGC-diplomatic-channel

Electricity Minister Dismisses Senior Official Over Poor Performance

2026-08-16 Shafaq News- BaghdadIraq's Minister of Electricity, Ali Saadi Wahib, dismissed Nizar Qahtan Hassan as Director General of the ministry's Training and Energy Research Department, citing his failure to perform his official duties.

According to an official document, Hassan was reassigned to a position one grade below the rank he held before becoming director general.

Wahib took office as electricity minister in May 2026 under Prime Minister Ali al-Zaidi's government. Since then, he has dismissed several officials, including the general manager of the Central Electricity Distribution Company, Alaa Samir, and his office director, over corruption allegations.

https://www.shafaq.com/en/society/Electricity-Minister-dismisses-senior-official-over-poor-performance

SCOOP: Iraq In Talks With US-Iran Over Hormuz Oil Shipments

2026-08-16 Shafaq News- Baghdad Iraq is holding direct talks with the United States and Iran to secure uninterrupted passage for tankers carrying Iraqi crude through the Strait of Hormuz, lawmaker Zainab al-Khazraji told Shafaq News on Sunday.

Al-Khazraji, a member of parliament's Oil, Gas, and Natural Resources Committee, said Baghdad was engaging both sides because different shipping routes through the strait “were controlled by US and Iranian forces.”

The talks are aimed at securing permanent, rather than temporary, passage for tankers carrying Iraqi crude and shielding exports from regional security disruptions.

Al-Khazraji noted that Iraq's oil exports have risen by 60% after falling below one million barrels per day at the start of the war. Shipments subsequently recovered to around 1.5 million bpd and have now exceeded two million bpd.

She expected exports to continue recovering toward three million bpd, which would “increase state revenue and help fund public-sector salaries in the coming months.”

Iraq, which derives about 90% of state revenue from oil, produced around four million bpd before the war with Iran began on Feb. 28 and exported an average of 105 million barrels per month, mostly from southern terminals in Basra through the Strait of Hormuz. The waterway previously carried about 20% of global energy supplies.

Iran's closure of the strait forced Iraq to halt production at most fields as storage capacity filled, leaving Baghdad reliant on limited alternative export routes, including tanker trucks through Syria and the pipeline through Turkiye to the Mediterranean port of Ceyhan.

The strait briefly reopened after a memorandum of understanding with Washington in June, before Tehran again restricted shipping following the resumption of hostilities in early July.

Iraq exported about 49 million barrels of crude in July, more than 30 million of them through the Strait of Hormuz, according to the Oil Ministry.

https://www.shafaq.com/en/Economy/SCOOP-Iraq-in-talks-with-US-Iran-over-Hormuz-oil-shipments

Fire Destroys 10 Tents At Duhok's Shariya Camp

2026-08-16 Shafaq News- Duhok A fire tore through 10 tents at Shariya displacement camp in Iraqi Kurdistan’s Duhok province on Sunday, causing “extensive” property damage but no injuries, a local official told Shafaq News.

Shivan Issa from the province’s Migration and Displacement Directorate media office told Shafaq News that the civil defense teams extinguished the blaze and prevented it from spreading to neighboring tents. Security authorities opened an investigation into the cause.

Duhok province hosts one of Iraq’s largest displaced populations, with 15 camps sheltering more than 300,000 internally displaced people. Shariya Camp alone houses about 9,350 residents, according to UN data.

In January, another fire at the camp destroyed two tents and left several families without shelter.

https://www.shafaq.com/en/Kurdistan/Fire-destroys-10-tents-at-Duhok-s-Shariya-camp

DINARRECAPS8 8/16/26 DINARRECAPS8 8/16/26

Seeds of Wisdom RV and Economics Updates Sunday Afternoon 8-16-26

Good Afternoon Dinar Recaps,

Central Banks Face a New Dilemma: Inflation, Oil and Debt Collide

August 16, 2026

The global economy is entering a difficult policy intersection: inflation is proving harder to contain, geopolitical tensions are threatening energy prices, economic growth is slowing, and governments are carrying increasingly expensive debt. For central banks, the traditional choice between fighting inflation and supporting growth is becoming considerably more complicated.

Good Afternoon Dinar Recaps,

Central Banks Face a New Dilemma: Inflation, Oil and Debt Collide

August 16, 2026

Overview

Oil and geopolitical risk are keeping inflation concerns alive even as economic growth shows signs of weakening.
Central banks face a difficult choice: maintain restrictive rates and risk worsening economic conditions, or ease policy and risk reigniting inflation.
At the same time, rising government borrowing costs are creating a second pressure point, particularly as long-term bond yields remain elevated despite softer recent U.S. inflation data.

Key Developments

1. The inflation fight is colliding with weaker growth

Central banks entered 2026 hoping that inflation would continue moving toward their targets without causing a major economic slowdown.

That assumption is becoming less certain.

Today's analysis points to a growing policy dilemma: economic activity is losing momentum while inflation remains persistent enough to prevent central banks from simply declaring victory. The Federal Reserve, Bank of England and European Central Bank are all confronting different versions of the same problem.

This creates a particularly difficult environment for monetary policy.

If central banks keep rates high for too long, borrowing becomes more expensive and economic growth can weaken further.

If they cut rates too aggressively while inflation remains vulnerable to another shock, they risk allowing price pressures to return.

2. Oil has become the potential trigger for another inflation wave

The ongoing conflict involving Iran and continuing uncertainty around the Strait of Hormuz have added a major variable to the inflation outlook.

Energy prices affect far more than gasoline.

Higher oil costs eventually work their way into transportation, manufacturing, food production, shipping and consumer prices.

That means central banks could face a situation in which inflation rises because of an external energy shock at precisely the moment economic growth is weakening.

The Guardian reports that this possibility is complicating the policy calculations of major central banks, which remain cautious after the inflation surge of 2022.

3. The bond market is sending a different signal from short-term inflation data

This may be the most important financial development.

Recent U.S. inflation data has been softer, reducing expectations for an immediate Federal Reserve rate increase. Yet long-term Treasury yields have remained elevated.

Reuters reported that the U.S. Treasury's recent 30-year bond sale produced its highest yield in 25 years, highlighting concerns about persistent inflation and the enormous amount of government debt that must continue to be financed.

That creates an important distinction:

The Federal Reserve controls short-term policy rates.

The bond market determines the price investors demand for holding long-term government debt.

Those two forces do not always move together.

And that difference matters enormously when governments are running large deficits.

4. Debt is becoming part of the monetary-policy equation

Higher interest rates are not simply a problem for consumers and businesses.

They also increase the government's cost of financing its debt.

When long-term Treasury yields remain above historical norms, the government must refinance maturing debt and finance new borrowing at increasingly expensive rates.

This creates a difficult feedback loop:

Higher inflation risk → higher bond yields → higher government borrowing costs → greater fiscal pressure → greater sensitivity to interest rates.

Central banks therefore have to consider not only inflation and employment, but also the financial stability consequences of keeping rates restrictive while sovereign debt loads continue expanding.

That does not mean central banks will automatically lower rates to make government borrowing cheaper.

It does mean the interaction between monetary policy and fiscal policy is becoming increasingly important.

5. The global bond market is becoming a structural story

The pressure is not limited to the United States.

Today's market analysis points to rising concerns about government bonds internationally as investors reassess the outlook for inflation, interest rates and government borrowing.

This is important because government bonds have traditionally been viewed as the foundation of the global financial system.

When yields rise, the consequences spread across virtually every major asset class.

Higher government yields can make stocks less attractive, increase borrowing costs for corporations and households, pressure real estate valuations and change the attractiveness of emerging-market investments.

The bond market is therefore becoming a transmission mechanism for the broader global financial transition.

Why It Matters

The central-bank dilemma is no longer simply “Will the Fed cut or raise rates?”

The larger question is whether central banks can maintain price stability while governments, consumers and businesses adapt to higher long-term financing costs and a potentially unstable energy environment.

The 2020s have already demonstrated how quickly an external shock can move from energy markets into inflation, interest rates, currencies and financial markets.

The current environment contains many of those same connections.

But there is an important difference this time:

Government debt levels are substantially larger.

That makes the consequences of higher interest rates more significant.

Why It Matters to Foreign Currency Holders

Foreign currencies are affected by this environment through interest-rate differentials, capital flows, trade balances and energy costs.

If the Federal Reserve maintains higher rates while other central banks ease, capital can continue flowing toward dollar-denominated assets.

But if inflation forces multiple central banks to remain restrictive, the result could be a much more complicated global currency environment.

Energy-importing countries may face additional pressure if oil prices rise, while major commodity and energy exporters could benefit from stronger export revenues.

For foreign-currency holders, the key issue is therefore not simply whether the dollar rises or falls.

It is whether the global monetary system is entering a period in which currencies increasingly respond to competing forces of debt, energy, inflation and geopolitical risk.

Implications for the Global Reset

Debt: Rising long-term yields increase the cost of refinancing massive government debt loads and could make fiscal sustainability an increasingly important market issue.

Central Banks: Monetary authorities have less room to pursue a simple growth-versus-inflation strategy when energy prices and sovereign debt are simultaneously creating new risks.

Trade Architecture: Higher energy costs and currency volatility can reshape trade flows, production costs and the competitiveness of different economies.

BRICS: Commodity-producing nations and countries seeking greater monetary diversification could gain additional incentives to strengthen local-currency trade and alternative payment arrangements.

Global Finance: The growing interaction between sovereign debt, central-bank policy, energy markets and currencies is gradually changing how capital is priced throughout the international financial system.

What to Watch

• Oil prices and developments affecting the Strait of Hormuz.

• The Federal Reserve's upcoming policy guidance and September rate expectations.

• Whether long-term Treasury yields remain elevated despite softer inflation data.

• Inflation readings in the United States, United Kingdom, Europe and Japan.

• Whether higher sovereign borrowing costs begin producing broader financial-market stress.

Bottom Line

The global economy is approaching a point where inflation, energy, monetary policy and government debt can no longer be viewed as separate stories.

A renewed oil shock could keep inflation elevated.

Persistent inflation could keep central banks from cutting rates.

Higher rates can increase sovereign borrowing costs.

And rising government debt can place additional pressure on bond markets.

That creates a financial environment very different from the ultra-low-rate era that followed the 2008 financial crisis.

The important question now is not simply when central banks will cut rates.

It is whether the global financial system can absorb higher borrowing costs, elevated debt and renewed energy-driven inflation at the same time.

Closing Perspective

The next major financial shift may not begin with a central-bank announcement—it may emerge from the collision between energy prices, sovereign debt and the bond market, forcing policymakers to reconsider how much monetary flexibility the existing financial system can still support.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

Follow Fast Facts

Seeds of Wisdom Team™Website

Thank you Dinar Recaps

Dinar Recaps 20 8/16/26 Dinar Recaps 20 8/16/26

BREAKING: Iraq Says Decision Made to Change the Dinar

BREAKING: Iraq Says Decision Made to Change the Dinar

The Dinar Den: 8-16-2026

For years, investors and global financial observers have closely monitored the Iraqi Dinar, searching for definitive signs of economic restructuring. Recently, a significant update has emerged from The Dinar Den, a prominent YouTube channel hosted by Stephen, providing what many consider the most substantial evidence to date regarding Iraq’s monetary future.

Unlike previous reports that relied heavily on speculation or the opinions of independent economists, this latest update points to official government confirmation concerning the “deletion of zeros” from the national currency.

BREAKING: Iraq Says Decision Made to Change the Dinar

The Dinar Den: 8-16-2026

The core of this breaking news centers on statements made by Iraq’s Minister of Communications, Mustafa Sind.

According to the analysis provided by The Dinar Den, the Iraqi government has officially decided to move forward with a currency reform plan that involves removing three zeros from the nominal value of the Iraqi Dinar. This distinction is vital; while the community has heard these rumors for over a decade, the transition from “expert opinion” to “official ministerial statement” marks a pivotal turning point in the timeline of Iraq’s financial evolution.

To ensure the highest level of accuracy, the channel host utilized advanced AI translation tools, including ChatGPT, to translate the original Arabic articles and official statements into English. This meticulous approach verified that the terminology used by the Iraqi officials specifically referred to a confirmed governmental decision rather than a mere proposal. This level of transparency provides a new layer of credibility for those tracking the progress of the Central Bank of Iraq (CBI).

One of the most telling aspects of this announcement is how the currency exchange is expected to take place. The Minister’s statement suggests a move away from the traditional, cash-heavy reliance of the past. Instead, Iraq appears to be leaning toward a modernized banking infrastructure. The reform is expected to involve the conversion of funds through formal banking systems, with a heavy emphasis on electronic payment methods such as Mastercard accounts.

This shift toward digital finance is a clear indicator of Iraq’s broader goal: to align its economy with international banking standards.

By integrating electronic payments into the currency reform process, the government aims to increase transparency, reduce the physical burden of carrying large volumes of cash, and stabilize the domestic market. For investors, this modernization is a signal that Iraq is preparing its financial house for greater global interaction.

While the confirmation of the decision to delete zeros is a landmark event, it is important to note what has not yet been disclosed. As of now, an official revaluation (RV) date and the specific exchange rate details remain confidential. The Central Bank of Iraq has yet to release the final implementation timeline, which is the final piece of the puzzle that many have been waiting for.

However, the significance of this moment cannot be overstated. For those who have followed the Iraqi Dinar for years, this represents the strongest validation to date that a significant financial event is actively underway. The move signifies a government committed to reform and a nation ready to transition into a more sophisticated economic era.

In the world of international finance and currency reform, information is the most valuable asset. The Dinar Den continues to provide deep-dive analyses into these developments, offering a bridge between complex Iraqi policy and the global community.

To get the full breakdown of the translated articles, the nuances of Mustafa Sind’s statements, and a comprehensive look at the upcoming banking changes, be sure to watch the full video

https://www.youtube.com/watch?v=5PLWdhX7D40