Iraq Economic News and Points To Ponder Thursday Evening 9-17-26

Urgent | In Response To The Rising Dollar Exchange Rate, The Central Bank Of Iraq Reassures The Local Market: Starting Sunday, Several Measures Will Be Implemented To Meet Foreign Currency Needs

Baghdad/Iraq Observer   An informed source stated on Thursday that the Central Bank of Iraq will begin, starting next Sunday, to expand the scope of import financing and increase the support provided to banks, in line with actual commercial needs.

The source said the move aims to facilitate financing for necessary imports and accommodate a wider range of commercial goods, noting that the central bank continues to monitor market developments and take the necessary measures to ensure the smooth flow of foreign trade financing and meet the legitimate demand for foreign currency.

https://observeriraq.net/عاجل-في-مواجهة-ارتفاع-سعر-صرف-الدولار/

Economic Researcher: An Iraqi Employee Needs A "Quarter Of A Century" Of Savings To Buy A Small House On The Outskirts Of Cities

September 17, 2026Last updated: September 17, 2026 Al-Mustaqilla/-Baghdad - Ali Karim Idhaib, a researcher in economic and financial affairs at the “Tigris Lights for Strategic Planning” organization, confirmed that the housing crisis and the high real estate prices in Iraq have become a structural obstacle to the ability of a large segment of employees and the middle class to own a home, in light of the gap between income levels and the cost of housing.

Idheeb explained that reading government salary levels reveals a clear disparity between job categories, as the total salary depends on the nominal salary plus a number of allowances, including marriage, certificate, risk, and ministry allowances.

He pointed out that newly appointed employees in the lower and middle grades have total salaries ranging between 450,000 and 700,000 dinars per month.

Based on an estimated calculation assuming that an employee can save about 300,000 dinars per month from a salary of 450,000 dinars, his total savings over 25 years will reach about 90 million dinars, provided that he continues to save at the same rate throughout this period.

As for those with experience and intermediate grades, especially grades six to four, their total salaries range between 800,000 and 1.3 million dinars per month.

If an employee manages to save about 500,000 dinars per month from a salary of 800,000 dinars, then the total amount he can save over 25 years will reach about 150 million dinars.

Idheeb explained that these calculations are not additional salaries or guaranteed amounts, but rather a theoretical estimate of the employee’s ability to save after assuming that part of his monthly income is deducted, with the remainder of the salary left to cover living expenses and family obligations.

He pointed out that the highest segment, which includes special grades, advanced cadres and employees in ministries with high allowances, such as oil, foreign affairs and electricity, has total salaries exceeding 1.8 million dinars per month and may reach 3 million dinars or more depending on the grade and allowances.

For example, if an employee whose salary is about 1.8 million dinars per month manages to save about one million dinars per month, then his theoretical savings over 25 years will reach about 300 million dinars.

According to the researcher, this comparison reveals that the difference in income level directly impacts the theoretical ability to build long-term savings. However, all segments face a common challenge: the largest portion of the salary goes towards daily expenses and family obligations, making actual real estate savings less than these estimates.

Idheeb stressed that a quarter of a century of saving is not an indication that an employee can actually accumulate these amounts, but rather a time frame used to show the size of the problem, especially when the ability to save is compared to the cost of buying a house or a piece of land on the outskirts of cities.

He added that a young employee who starts with a limited salary faces a difficult economic equation; he is required to secure housing, living expenses, transportation, and family needs, while at the same time building up savings sufficient to buy a property whose value increases over time.

He pointed out that the problem is not related to the level of salaries alone, but rather to the relationship between wage growth on the one hand, and the rise in prices of land, housing units and building materials on the other hand, as well as the limited options for long-term real estate financing.

Idheeb stressed that addressing the housing crisis requires an integrated package of policies, including providing serviced land, increasing the supply of housing units, developing new cities, expanding long-term mortgage financing, and directing housing projects towards low- and middle-income earners.

He stressed that the continued gap between income and housing costs could turn homeownership into a goal postponed for decades for large segments of employees, which necessitates dealing with the housing issue as an economic and social issue, and not just a real estate issue.   https://mustaqila.com/باحث-اقتصادي-الموظف-العراقي-يحتاج-ربع/

Basrah Crudes Dip 7% As Global Oil Slips

2026-09-17 03:14   Shafaq News- Basrah  Iraq’s Basrah Heavy and Medium crude prices fell sharply on Thursday, tracking declines in global oil benchmarks.

Basrah Heavy dropped $8, or 7.80%, to $94.57 per barrel, while Basrah Medium fell by the same amount, or 7.56%, to $97.87.

In global markets, Brent crude slipped to $105.52 per barrel, down 31 cents, or 0.29%, while US West Texas Intermediate (WTI) fell 35 cents, or 0.34%, to $102.08.

By contrast, the OPEC Reference Basket rose $1.52, or 1.23%, to $124.63 per barrel.

https://www.shafaq.com/en/Economy/Basrah-crudes-dip-7-as-global-oil-slips

Gold Bounces Back From Near Six-Week Lows

2026-09-17 02:20    Shafaq News   Gold prices rose on Thursday as investors digested the U.S. Federal Reserve's interest rate hike and its signal that further policy tightening may follow, while an earlier rally in oil prices lost momentum.

Spot gold was up 0.8% at $4,295.26 per ounce, as of 0443 GMT, after hitting a near six-week low on Wednesday.

U.S. gold futures for December delivery were down 1.2% to $4,333.90.

Oil prices eased, extending losses on reports of Saudi Arabia offering extra crude cargoes through ⁠Oman.

"Oil prices remain a key factor to watch. If oil prices continue to decline, that could support gold prices moving higher, at least from a medium-term perspective. Until that materializes, I expect gold to remain range-bound," said Kelvin Wong, senior market analyst at OANDA.

The current uptick in gold is also largely driven by technical factors, with the Fed's hawkish message already largely priced into the market, he added.

Although gold is considered an inflation hedge, higher rates reduce its appeal by boosting the attractiveness of interest-bearing assets.

The Fed raised interest rates on Wednesday and flagged more hikes ⁠in the coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation that policymakers worry could worsen.

Updated quarterly economic projections showed 16 of 18 policymakers anticipate at least one more quarter-percentage-point hike by the end of ⁠this year, with only two of them seeing rates remaining stable from here.

The Bank of England looks set to keep rates on hold on Thursday but investors are watching for any hint that higher energy prices ⁠could force it to follow the Fed's example.

On the geopolitical front, U.S. President Donald Trump said he hoped an end to the war against Iran was near, as the conflict, in ⁠its seventh month, escalated with Saudi aircraft pounding Yemen and Houthi fighters launching drones and missiles at Saudi cities.

Spot silver rose 1.2% at $63.73, platinum firmed 1.7% to $1,783.56 and palladium climbed 2.2% to $1,296.70.  (Reuters)

https://www.shafaq.com/en/Economy/Gold-bounces-back-from-near-six-week-lows

In The Presence Of The Central Bank Governor, The Ministry Of Finance Finalizes The Mechanism For Pre-Payment Of Customs Duties.

Baghdad / Iraq Observer   The Ministry of Finance announced today, Thursday, the completion of the executive mechanism for implementing Cabinet Resolution No. (413) of 2026, regarding the prepayment of customs duties.

Finance Minister Faleh Sari chaired a meeting dedicated to finalizing the implementation mechanism, in the presence of the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, the Director General of the General Authority of Customs, a number of officials, and a representative of the United Nations Conference on Trade and Development

The meeting discussed the procedures and technical, financial and organizational requirements necessary to implement the decision, as well as the mechanisms for linking and integrating the relevant parties.

The ministry confirmed that the mechanism was completed in accordance with the ASYCUDA system and approved electronic payment systems, noting that its application aims to enhance the governance of customs work, ensure the accuracy of collecting state dues and maximize non-oil revenues.

She explained that the measure comes within the Ministry’s directions to automate customs procedures and reduce evasion and manipulation, in addition to speeding up the completion of transactions and simplifying procedures

https://observeriraq.net/بحضور-محافظ-البنك-المركزي-المالية-تنج/  

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 9-17-26

Good Afternoon Dinar Recaps,

EURO BOND SHIFT: EUROPE MOVES TO STRENGTHEN ITS RESERVE-CURRENCY ROLE AS GLOBAL FINANCE REALIGNS

EUROPE IS SEEKING GREATER INTERNATIONAL RECOGNITION FOR EU BONDS, A MOVE THAT COULD DEEPEN EURO CAPITAL MARKETS AND SUPPORT A LARGER ROLE FOR THE EURO IN GLOBAL FINANCE.

 OVERVIEW

• The European Commission said today it will push for EU-issued bonds to be included in major international bond indexes, with the goal of increasing the euro's use in global transactions and strengthening its role as a reserve currency.

• EU bonds have not generally been treated as sovereign bonds by markets and therefore have not been included in sovereign bond indexes. Changing that treatment could increase demand, liquidity and international investor access to EU debt.

• The move comes as Europe continues building a larger pool of common euro-denominated debt while the global financial system undergoes broader changes involving reserves, capital flows, borrowing costs and financial-market infrastructure.

KEY DEVELOPMENTS

1. EUROPE TARGETS THE GLOBAL BOND-INDEX SYSTEM

The European Commission is moving to address an important piece of financial-market infrastructure: how EU bonds are classified and represented in international investment indexes.

EU Economic Commissioner Valdis Dombrovskis said the Commission will engage with index providers and the financial industry to support the inclusion of EU bonds in sovereign bond indexes.

The issue is significant because major bond indexes influence how large institutional investors allocate and benchmark capital. Broader index inclusion could increase the visibility and potential demand for EU debt.

Dombrovskis said the current treatment of EU bonds negatively affects their demand and their usability as a liquid and safe asset for investors.

2. THE EU HAS BUILT A SIGNIFICANT BOND MARKET

The European Union already raises money in international capital markets through euro-denominated bonds.

According to Reuters, approximately €800 billion of EU bonds are currently outstanding, making the EU bond market the second-largest triple-A-rated debt market in Europe and the third-largest globally.

That is still much smaller than the approximately $32 trillion U.S. Treasury market, while Germany has roughly €2.5 trillion of triple-A-rated debt outstanding.

The European Commission says EU borrowing currently supports programs including NextGenerationEU, financial assistance to Ukraine and other neighboring countries, and the SAFE defense-investment program.

More EU bonds are expected in the future, including borrowing associated with the next EU long-term budget. That means the market could continue expanding over time.

3. EU BONDS ARE ALREADY USED IN IMPORTANT FINANCIAL OPERATIONS

The proposed change in index treatment is not occurring in isolation.

Dombrovskis noted that EU bonds can already be used as collateral in ways equivalent to sovereign bonds with clearing houses and in European Central Bank refinancing operations.

The European Commission also describes itself as empowered by the EU Treaties to borrow from international capital markets on behalf of the European Union. All EU-Bond issuances executed by the Commission are denominated in euros.

This creates an important distinction: the market is being asked to reconsider the classification and index treatment of an existing and expanding asset class, rather than Europe creating a completely new bond market from scratch.

4. THE EURO'S RESERVE-CURRENCY ROLE IS PART OF THE STRATEGY

The European Commission explicitly connected broader EU-bond index inclusion with increasing the use of the euro in global transactions and as a reserve currency.

A reserve currency requires more than a large economy. International investors also need deep and liquid financial markets, reliable payment infrastructure and a substantial supply of high-quality assets that can be held and traded internationally.

That makes the development of the EU bond market important to the broader international role of the euro.

If EU bonds become more widely recognized and incorporated into major investment benchmarks, they could become more accessible to global institutional investors. Over time, that could strengthen the financial infrastructure supporting the euro.

5. THIS IS ABOUT FINANCIAL INFRASTRUCTURE — NOT REPLACING THE DOLLAR

The development should not be interpreted as an announcement that the euro is replacing the U.S. dollar.

The dollar remains the dominant international currency, while the euro is already one of the world's major reserve and transaction currencies.

What Europe is pursuing is greater international use and deeper financial-market infrastructure for the euro.

That distinction matters.

Global monetary change does not necessarily happen because one currency suddenly replaces another. It can also occur through greater diversification of reserves, bonds, payments, trade settlement and investment assets.

The European initiative is therefore better understood as an effort to strengthen the euro's financial foundation and increase the range of internationally usable euro-denominated assets.

WHY IT MATTERS

The important development here is not simply whether the euro rises or falls against the dollar.

It is the effort to strengthen the financial infrastructure behind the euro.

If EU bonds gain wider international index recognition, European debt could become more visible to global institutional investors. A larger and more liquid bond market could, over time, support greater international use of the euro.

The move also illustrates how changes in the global financial system can begin with seemingly technical decisions involving bond indexes, asset classification, collateral rules and capital-market infrastructure.

The foundation often changes before the headlines do.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

Readers hold foreign currency with the hopes that it will increase in value when the Global Reset occurs.

Developments such as this are worth watching because currency strength is connected to much more than an exchange-rate quotation. Debt markets, trade settlement, reserve holdings, capital flows and financial infrastructure all influence how important a currency becomes internationally.

The expansion of euro-denominated assets could therefore be relevant to the long-term international role of the euro.

However, today's announcement does not establish a future revaluation of the euro or any other currency.

Hope is understandable. Evidence is essential.

There are no guaranteed dates, overnight currency-reset announcements or automatic RV conclusions contained in this development.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Debt and Bond Markets

The EU's effort highlights the growing importance of high-quality, internationally accessible debt markets.

The EU already has approximately €800 billion in outstanding bonds, and additional issuance is expected in coming years.

If EU bonds become more deeply integrated into global investment indexes, European debt could become a larger component of international asset allocation.

That matters because the future financial system will be shaped not only by currencies themselves, but also by the assets investors can hold, benchmark and trade in those currencies.

• Pillar 2: Assets and Reserve Currencies

The euro's international role could become stronger if Europe continues expanding the depth, liquidity and accessibility of euro-denominated financial assets.

This does not require the dollar to disappear.

Instead, it could contribute to a financial system in which the dollar, euro and other major currencies occupy different but overlapping roles in global reserves, trade and investment.

The broader issue is the gradual development of multiple financial centers and pools of internationally accessible assets.

RUMOR SAFETY REMINDER

Today's EU bond announcement is NOT an announcement that the euro will replace the U.S. dollar.

It is also NOT a currency revaluation announcement, an RV announcement or a Global Reset date.

The documented development is that European officials want EU bonds included more broadly in international bond indexes to support greater demand, liquidity and international use of the euro.

Follow the infrastructure. Follow the evidence. Don't follow the hype.

THE BOTTOM LINE

Europe is taking another step toward strengthening the financial foundation behind the euro by seeking broader international recognition for EU bonds.

The immediate change may appear technical — bond indexes and market classification — but the longer-term objective is broader: deeper capital markets, greater international use of the euro and a stronger position for European debt within the global financial system.

The significance is also visible in the numbers. With approximately €800 billion of EU bonds already outstanding, and additional issuance expected, Europe is building a larger pool of common euro-denominated assets that can potentially serve international investors.

For those watching the Global Reset, this is a reminder that major financial changes can develop quietly through bonds, indexes, settlement systems and market infrastructure long before they appear as dramatic currency headlines.

The global financial order may not be changing through one currency replacing another — it may be changing through the expansion of financial systems competing and operating alongside one another.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

1. Reuters — "EU exec to push for EU bonds to be included in indexes to boost euro role"

2. European Commission — "The EU as a borrower – investor relations"

~~~~~~~~~~

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Thank you Dinar Recaps

They Called Refining a Dying Business. Diesel Just Hit $6.

They Called Refining a Dying Business. Diesel Just Hit $6.

Notes From the Field By James Hickman 9Simon Black / Sovereign Man) September 16, 2026

On Sunday afternoon, the power went out at ExxonMobil's refinery in Channahon, Illinois, a southwest suburb of Chicago.  Oil refineries run at tremendous heat and pressure, so whenever the power goes out, all that heat and pressure has to go somewhere. It’s basic physics. Hence why the plant burned it off through the flare stacks, with black smoke visible for miles.

The power came back around 7 p.m., but the plant stayed down, and as of Monday ExxonMobil still hadn't said when it would restart, likely up to a week.

Bear in mind this is a plant that processes about 275,000 barrels of crude a day— close to 10% of the region's fuel supply.

But that’s not what caused the highest diesel prices ever.

Even before this refinery was taken out of commission, the national average price of diesel went above $6 a gallon last week for the first time ever. Filling up a long-haul semi truck now costs more than $1,000.

It's important to note that a barrel of crude oil is almost useless until somebody turns it into something. A refinery cooks the crude and breaks it apart into gasoline, diesel, jet fuel, heating oil, the raw material for plastics, etc.

Everyone knows about the squeeze on oil due to the war with Iran. But the shortage of REFINERIES is another issue.

Sure, the wars have taken a toll on refineries and other fuel plants. Iran bombed Bahrain's only refinery, shut ever since. It also wrecked half of Shell's Pearl GTL in Qatar, the world's largest plant for turning natural gas into diesel, jet fuel and lubricants. Ukrainian drones, meanwhile, have cut Russia's refining by roughly a third.

And the rest of the world's refineries can’t pick up the slack.

US refineries are already running at almost 98% of capacity. There's no spare refining capacity, and that’s because governments have treated refining as the enemy of humanity for the past decade.

For example, ten years ago Britain had six refineries. Then the UK government announced a ban on new gasoline and diesel cars and piled punitive taxes specifically on refineries, and today Britain is down to four.

I guess the “Just Stop Oil” fanatics are happy now. They actually declared victory last year and hung up their hi-vis (oil-based) vests, and quit (oil-based) gluing themselves to things, because "no new oil" had become official government policy in the UK.

California, meanwhile, imposed a new penalty tax on refinery margins, and then passed climate change regulations for refineries that are virtually impossible to achieve.

Unsurprisingly, in the past year, California lost two refineries: Phillips 66's in Los Angeles and Valero's in Benicia near San Francisco. That’s 17% of California's refining capacity.

Then Newsom panicked and changed his tune, realizing that California fuel prices would surge. He suddenly promised to "work closely with refiners." He directed his own energy commission to pause the punitive refinery tax for five years. He even pushed legislators to consider paying hundreds of millions of dollars to Valero to keep their plant open.

Too little, too late. The refiners left, or idled their plants. You can only bite the hand that feeds so many times before they take action.

But of course, everyone will pay for Newsom’s idiocy, because diesel moves everything. So much of American imports arrive at California ports (like the Port of Long Beach), and trucks haul it across the country from there. Trains do the rest.

And nearly every big truck and freight train runs on diesel, which is now a lot more expensive in California. So the cost of Newsom’s lunacy is paid by every consumer.

Harvest is starting across the Midwest right now, and everything from tractors to grain dryers burns fuel. Phosphate (another critical fertilizer ingredient) is mined and hauled with diesel.

So the farmer pays $6 a gallon, the trucker pays $6 a gallon… and consumers reimburse these costs in the form of higher prices.

And let’s not forget, winter is coming.

Heating oil is diesel by another name (it comes out of the same refinery), and about 5 million American homes heat with it, more than 80% of them in the Northeast. One Gulf oil executive warned last week of "a very difficult winter coming in Northwest Europe. This is only the beginning."

Bottom line, the power outage at Channahon is a problem. But it’s a small problem compared to the larger war on refineries.

With the spare refineries gone, even the slightest issue at remaining refineries now shows up in the price of diesel, food and everything else that moves on a truck.

Unexpected disruptions from war and power outages are one thing.

But governments deliberately villainizing refiners and chasing them out of town, for the crime of creating the energy the world desperately relies on, is another.

Their green policies and ESG mandates also helped drive a decade of underinvestment in the physical things civilization runs on: ships, mines, oil fields, smelters... and refineries.

Now the world is in the midst of a destructive war. When there is no spare capacity, every disruption has to be resolved by price, and the companies that own the scarce, strategic assets collect the difference.

And owning a piece of those companies yourself is the best way to protect yourself from higher prices and inflation. 

To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

 P.S.

That's the whole point of Schiff Sovereign's investment research newsletter, Strategic Assets: profitable, low-debt companies that own or move real things, bought while they're still cheap.

Two oil tanker owners we featured when nobody wanted them are up more than 180% and 130%— one of them runs the ships that haul diesel— and our palm oil grower is up nearly 140%.

https://www.schiffsovereign.com/investing/they-called-refining-a-dying-business-diesel-just-hit-6-155873/?inf_contact_key=102c54f0eb76a1049d28cb5912cc20616df469b69630642e5b86ddcda98e77a2

FRANK26…9-17-26….EVERYTHING SOVEREIGN ON 30th (Parts 1 and 2)

KTFA

Thursday Night Video

FRANK26…9-17-26….EVERYTHING SOVEREIGN ON 30th

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=VBScljITnwM

EVERYTHING SOVEREIGN ON 30th PART TWO

https://www.youtube.com/watch?v=3_KqPEhnH-k

Ariel: Iraq’s Currency Reform, IQD Sovereign Rate Activation

Ariel: Iraq’s Currency Reform, IQD Sovereign Rate Activation

9-17-2026

Settlement & Sovereignty: Iraq’s Currency Reform (Where We’re At)

Trump Strategic Delay Architecture & IQD Sovereign Rate Activation — The Three-Week

Trump’s delay architecture operates on a principle that the opposition hasn’t fully decoded: an administrative rule creates permanent regulatory structure without legislative vulnerability. A bill can be stalled, amended, gutted, or buried in committee by a single strategically placed senator.

An administrative rule, once published in the Federal Register, carries the force of law and can only be overturned by congressional review which requires a joint resolution that faces the same partisan gridlock the Deepstate relies on to block everything else.

The SEC’s Friday rules validate the tokenized IQD instrument for official settlement, creating a permissioned regulatory framework that the $28 Ripple ledger price already operates within.

The Clarity Act was the public-facing vehicle, but the administrative bypass is the actual delivery mechanism and it’s immune to the stall tactics that killed the legislative path.

Now lets talk about this. The $28 Ripple ledger price is not random, speculative, or disconnected from the sovereign rate it’s a pre-positioned forward contract rate that institutional counterparties are already settling volume at in a parallel tokenized market. Limited supply mechanics in the tokenized IQD instrument create artificial scarcity that holds the $28 level as a functional floor.

Institutional counterparties sovereign wealth funds, regional banks, and clearing houses positioned forward contracts at $28 because the CBI’s internal models projected the post-RV sovereign rate at $3.22 per unit, and the derivative multiplication factor through the Ripple settlement layer produces a $28 equivalent when accounting for the redenomination ratio and the tokenized supply constraints.

The $28 isn’t a speculative pair price. It’s the institutional settlement rate that mirrors the sovereign rate through a different financial instrument and it’s already clearing volume. Will we get that rate? Well we will not know until we get past the “Crypto Structure Rules” launch.

The transition from speculative ledger pair to sovereign public rate requires one mechanism. Regulatory validation of the tokenized instrument for official settlement. When the SEC’s administrative rules drop Friday, they validate the Ripple-based tokenized IQD as an officially recognized settlement instrument.

Banks need a liquid, regulated, permissioned instrument to execute currency exchanges at scale and the $28 level is already liquid, already clearing institutional volume, and already embedded in forward contracts that institutional counterparties can’t unwind without massive exposure.

The sovereign $3.22 rate handles the physical currency layer what a single dinar note is worth.

The $28 Ripple rate handles the institutional settlement layer what banks could actually use to clear large-volume exchanges between counterparties.

The CBI’s permissioned ledger running through Trade Bank of Iraq, Rafidain, and Rasheed ensures the digital and physical IQD maintain 1:1 parity, but the institutional settlement layer operates on the tokenized instrument that already prices at $28.

Read Full Article:
https://www.patreon.com/Prolotario1/posts/settlement-iraqs-169753776

https://dinarchronicles.com/2026/09/17/prolotario-iraqs-currency-reform-iqd-sovereign-rate-activation/

Iraq Economic News and Points To Ponder Thursday Afternoon 9-17-26

Finance Minister To World Bank Delegation: We Are Proceeding With The Implementation Of Automation Projects And Transforming Them Into Practical Steps To Develop Financial Management And Enhance Oversight And Transparency

Baghdad - One News - 9/17/2026   Finance Minister Faleh Sari discussed with a delegation from the World Bank the files of financial and banking reform and the development of financial management tools, in addition to the automation projects that the ministry is working to implement.  

The Ministry of Finance stated in a statement that Sari received a delegation from the World Bank headed by the Regional Director for the Middle East, Dalia Khalifa, and the Director of the Bank’s mission in Iraq, Emmanuel Salinas.  During the meeting, they discussed ways of cooperation in developing financial systems and projects related to financial and economic reform.  

Sari affirmed that the Ministry of Finance is proceeding with the implementation of automation projects and moving them to practical steps, which will contribute to developing work procedures and raising the efficiency of resource and data management, in addition to enhancing oversight and transparency in financial institutions.  

The Minister of Finance pointed to the importance of the World Bank’s role in supporting automation projects and benefiting from its technical expertise in developing financial systems, indicating that cooperation between the two sides includes a number of vital sectors related to financial and economic reform.  

For their part, representatives of the World Bank appreciated the measures taken by the Ministry of Finance to develop the financial and banking sectors, stressing the Bank’s commitment to continuing cooperation with the Ministry to ensure the success of joint projects in Iraq.  

The World Bank delegation noted a growing interest from major international companies in the Iraqi market, coinciding with efforts to develop the financial and banking sector and strengthen economic reform initiatives.  

https://1news-iq.net/وزير-المالية-لوفد-البنك-الدولي-ماضون-ف/

Kurdistan Region President: It is Time to End Disputes and Consolidate Coexistence

Iraqi News Agency  Thursday, Erbil - INA - 9/17/2026   Kurdistan Region President Nechirvan Barzani affirmed on Thursday that the region's strength lies in being part of a strong Iraq, stressing that the time has come to resolve disputes and consolidate coexistence across the country.  

In a speech delivered at the Sulaymaniyah Economic Summit, attended by the Iraqi News Agency (INA) correspondent, Barzani stated, "Political disputes must not hinder trade and investment; rather, a clear constitutional framework regarding financial, customs, and tax issues must be established with the federal government."  

"We seek an Iraq that never becomes a tool for the imposition of force, numerical dominance, or self-assertion for control, but rather a haven that protects everyone," he added.  

"We want a state that embraces Kurds, Arabs, Turkmens, Christians, Yazidis, and all Iraqi citizens, a state where everyone feels secure in their rights, independent of the whims of governments or equations of power and majorities; instead, their rights must be safeguarded and protected by state institutions and the law," he stated.  

"Issues concerning the budget, salaries, oil and gas, and powers must be resolved constitutionally, in a manner that upholds the rights of both the Kurdistan Region and Iraq, while preserving the rights of all Iraqi citizens," he continued.  

"The goal is not for Erbil to follow Baghdad, nor for Baghdad to follow Erbil; rather, the goal is for us to follow a constitutional Iraq," he added  

"Our strength lies in a strong federal Iraq and in the Kurdistan Region existing within the framework of a strong Iraq," he confirmed.

"The time has come to end disputes and resolve them; the clear path to doing so lies in the constitution, dialogue, and peaceful coexistence within this country," Barzani concluded.  

  https://ina.iq/en/politics/52090-kurdistan-region-president-it-is-time-to-end-disputes-and-consolidate-coexistence.html

Trump Demands Sub-1% Rates Following Fed Hike

2026-09-17 / 05:04    Shafaq News- Washington   US President Donald Trump urged the Federal Reserve on Thursday to cut interest rates, stepping up pressure on the central bank after it raised its benchmark rate by 25 basis points.  

“Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR,” he wrote on Truth Social, adding that the economy was “booming” as new investment flowed into the country.  

Donald J. Trump   TRUTH   @realDonaldTrump  

Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR. Our Country is BOOMING with new Investment! If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year. The word “Deficit” is nothing more than a fancy word for LOSS. We are “carrying” almost every country in the World, and that cannot go on any longer.

LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST! President DONALD J. TRUMP  

Trump argued that cutting trade with countries where the United States runs deficits would generate substantial revenue, claiming that the United States is “carrying” nearly every country and “that cannot go on any longer.”  

Trump also attacked the Federal Reserve’s rate decision, calling the central bank “hostile” and accusing it of acting for political reasons to make his administration’s economic record look worse.  

The Federal Open Market Committee voted unanimously to raise the federal funds rate by 25 basis points to a range of 3.75% to 4%, ending five consecutive meetings in which the rate had remained unchanged.  

The decision sent the dollar to a seven-week high, while higher Treasury yields reflected expectations that the Fed could keep raising rates. The dollar index, which tracks the US currency against a basket of major currencies, also climbed to 100.33, its highest level since July 31.  

Fed Chair Kevin Warsh attributed the move to inflation, saying it was “too high and has been for too long,” and called it a “sober” and “responsible decision.”  

Despite opposing the increase, Trump praised Warsh, saying he still had confidence in the man he picked earlier this year to take over the Fed from Jerome Powell, a figure the president has frequently criticized for not delivering the sharp rate cuts Trump has repeatedly demanded.

https://www.shafaq.com/en/World/Trump-demands-sub-1-rates-following-Fed-hike

Slemani Summit: Iraq’s President Urges Economic Diversification

2026-09-17 Shafaq News- Al-Sulaymaniyah        Iraqi President Nizar Amedi on Thursday called for economic diversification, greater investment and stronger action against corruption, saying Iraq must improve its investment climate to attract capital and support sustainable growth.  

Speaking at the 2026 Slemani Summit, Amedi said coordination among government institutions, civil society, partners and independent organizations was essential to developing and implementing financial, banking and economic policies.

He said regional instability made cooperation particularly important to limit its impact on Iraq’s economy and citizens.  

Amedi backed a larger role for the private sector in strategic projects, infrastructure, services and job creation, while stressing the need for transparency, competition and protection of public funds and the rights of both the state and investors.

He said successful partnerships should combine the state’s role with the private sector’s capacity for investment and innovation, helping diversify economic activity and attract capital, expertise and technology.  

Read more: Iraqi experts divided on reviving the oil-reliant economy  

Political and security stability, he added, cannot be sustained without long-term economic and social stability.  

Amedi also called for a long-term national strategy based on stronger state institutions, the rule of law, better management of resources, economic diversification, investment and digital transformation.  

He said Iraq should gradually move toward a more productive and diversified economy through financial and economic reform, infrastructure development, private-sector growth and investment in young people and technology.  

The president also called for continued action against corruption across the financial, economic and public-service sectors, while supporting the judiciary, integrity bodies, security agencies and other state institutions involved in anti-corruption efforts.

Read more: Iraq’s Dawn Crackdown spreads through state institutions  

https://www.shafaq.com/en/Iraq/Slemani-Summit-Iraq-s-President-urges-economic-diversification

Are Central Banks Moving Out of Dollar Assets?

 Are Central Banks Moving Out of Dollar Assets?

Linda S. Goldberg, Oliver Hannaoui, and Sneha Parthasarathy

The dollar’s share of global official foreign exchange reserves fell from 64 percent in 2015 to 56 percent in 2025. This downward trajectory is sometimes read as evidence that the dollar’s role in international financial markets is eroding.

However, aggregate statistics obscure the composition of changes occurring at the country level. In this post, we show that the aggregate decline is not a systematic global shift away from dollar assets. Rather, the aggregate decline reflects the actions of a handful of large reserve holders, changing either their currency preferences or the size of their reserve portfolio.

From the perspective of the cross section of countries holding dollar assets, the dollar’s status in official portfolios is largely intact.

Understanding the Aggregate Dollar Shares of Reserves

When economists calculate the dollar share of worldwide official foreign exchange reserves, countries with larger reserve holdings naturally exert disproportionate influence on the final number.

As Goldberg and Hannaoui (2026) show, this seemingly straightforward calculation can mask two fundamentally different phenomena. Countries can actively reallocate their existing portfolios away from dollar assets and toward other currencies, which we term the “preferences channel.”

Alternatively, countries can accumulate or decumulate new foreign exchange reserves at dollar shares different from the global average, which we call the “reserve change channel.”

When a country with below-average dollar holdings expands its reserves, it mechanically pulls down the global aggregate, even without reducing its own allocation to dollars.

From this lens, we can interpret the evolution observed in the chart below, showing the currency composition of global foreign exchange reserves as reported by the International Monetary Fund (IMF).

Shares of Dollars and Big Four Currencies in Global Foreign Exchange Reserves Have Declined

Chart: https://libertystreeteconomics.newyorkfed.org/2026/09/are-central-banks-moving-out-of-dollar-assets/

Two distinct periods, selected for availability of data on individual country composition of foreign exchange reserves, illustrate what drives the aggregates. From 2015 to 2019, the dollar share fell by 3 percentage points.

From 2019 to 2023, the decline moderated to 2 percentage points. The central question is whether these aggregate movements reflect a large set of countries systematically reallocating away from the dollar, or whether they stem from the actions of a few large reserve holders making choices specific to their own circumstances.

Consider the most basic indicator: are countries moving dollar shares of reserves in the same direction? If the aggregate decline reflected a broad-based global shift away from the dollar, most countries would reduce their dollar allocations over these periods.

Instead, examining directional changes in dollar share across countries during both four-year windows, we find that roughly equal numbers of countries increased and decreased their dollar holdings. This balance suggests no dominant cross-sectional shift away from dollars.

 Instead, examining directional changes in dollar share across countries during both four-year windows, we find that roughly equal numbers of countries increased and decreased their dollar holdings, as illustrated in the chart below.

There Are Similar Counts of Countries with Increased and Decreased Dollar Shares Over 4-Year Windows

CHART: https://libertystreeteconomics.newyorkfed.org/2026/09/are-central-banks-moving-out-of-dollar-assets/

If Countries Are Not All Moving Away from the Dollar, What Explains the Aggregate Decline?

During the 2015-19 period, we examine the reserve portfolios of seventy-nine countries, of which seventy-six have complete data for the beginning and end of the period.

For these seventy-six countries, the aggregate decline was split almost evenly between the preferences and reserve change channels, which accounted for 1.2 and 1.5 percentage points of the decline, respectively, as seen in the chart below.

TO READ MORE:   https://libertystreeteconomics.newyorkfed.org/2026/09/are-central-banks-moving-out-of-dollar-assets/

Thursday Iraq News Posted by Tishwash at TNT 9-17-2026

TNT:

Tishwash:  "The Baghdad dinar is disappearing... Close the borders!" The final solution is to abolish Iraq's paper currency!

Perhaps no country in the world has abolished paper currency, but amidst the anxiety surrounding discussions in the local market and among banks—both those sanctioned and those not—within an economy mired in a ceaseless war, an Iraqi expert and academic believes that the chaos plaguing the financial market necessitates the "complete abolition of paper currency" and its conversion into a bank card for every citizen.

 This is preferable to other proposals for addressing the escalating liquidity crisis. "Neither removing zeros nor replacing denominations with larger ones (such as a 100,000 dinar note) will work," he argues.

He suggests that abolishing paper currency would bring all "buried, stolen, and smuggled funds back" in a documented and verifiable manner. However, this expert also calls for a measure to be implemented: "closing the borders" so that Baghdad can effectively nullify the value of "stolen, buried, and smuggled dinars" within the country or in neighboring states like Turkey and Iran.

He does not, however, specify a timeframe for closing the borders! While this proposal appears desperate, it reflects the intensity of the debate among Iraqi financial experts regarding how to address the "disappearance of the dinar and liquidity" from the market and the resulting scarcity that hinders salary payments and stifles daily economic activity.

 According to expert Safwan Qusay, in a conversation with journalist Mona Sami, which was followed by 964 Network .

Economic expert Safwan Qusay stated, “Our problem is that the Central Bank issued currency worth 106 trillion dinars, 40 trillion of which are within the banking system, while more than 60 trillion dinars remain in the form of cash in the pockets of Iraqis. This amount does not enter the banking system, so we need to call these funds to find out where they are. Here, opinions vary.”

Some advocate removing zeros as long as a new currency is to be printed.

Some argue that there is no need to remove zeros and print more currency, but rather to move towards using only electronic payment cards. They suggest giving Iraqis a grace period, say until the end of the year, during which they would deposit all their savings into the card. This would lead to a halt in cash purchases, causing paper currency to lose its legitimacy. People would then be forced to deposit cash into the card, which would have a special code that, if entered into the banks, would be monitored. Any money that is missing would be discarded.

He added: “This should include each category separately; all categories should not be included at once. Such a measure requires closing the borders, because there is a portion of the dinar that some suspect is outside Iraqi borders, since the Iranian currency has been subjected to many shocks, so it is not unlikely that they have saved Iraqi money.

The same applies to the Turks. Therefore, the process begins with closing the borders, recovering the money, and then injecting it back into circulation in a legitimate way through the electronic card. At that point, the legitimacy of money not belonging to the government, especially buried money, will be lost, and this measure will restore the prestige of the Iraqi dinar.”  link

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Tishwash:  The oil and gas law: Iraq's wealth held hostage by political disputes

The oil and gas law remains shrouded in dust after years spent in the halls of parliament, amidst ongoing political and technical disputes that have prevented its final approval.

This is despite the law's crucial role in regulating the management of oil and gas resources and defining mechanisms for revenue distribution between the federal government, the regions, and the provinces. Among the contentious issues is the relationship between Baghdad and the Kurdistan Region regarding the management of oil fields, revenues, and constitutional powers.

In this regard, Firas al-Muslawi, spokesperson for the Reconstruction and Development parliamentary bloc, told Al-Maalomah, "The oil and gas law is one of the most frequently postponed laws in the Iraqi parliament, most recently in the previous parliamentary session. The reasons for its non-approval stem from a number of political and technical problems," indicating that "its approval is still far off."

He added, "Among the most prominent political reasons are the objections from the Kurdistan Region and the Kurdish blocs, despite the law's importance and Iraq's need for it, as it is a vital piece of legislation that can contribute to achieving social justice in the distribution of wealth among the provinces."

Al-Musalmawi stated that "there is a need to address the outstanding points of contention between the Kurdistan Region and the federal government, and to reach understandings that allow for the enactment of the law in a way that guarantees the rights of all parties and resolves the issues related to the management of oil wealth."

The oil and gas law faces a postponed fate after being repeatedly postponed from one parliamentary session to the next, despite its direct link to the national wealth file, the management and distribution of oil revenues, and its impact on the lives of citizens and the Iraqi economy. This makes its resolution one of the legislative issues still awaiting political and technical consensus.

For his part, MP and former minister Zuhair al-Jalabi revealed to Al-Maalomah that "the issue of annexing land from Nineveh Governorate for the benefit of the Kurdistan Region is practically settled, especially since the administrative boundaries of the governorates are defined within the Ministry of Planning and cannot be changed except by a decision of the Council of Representatives through a vote on a new administrative map of the governorates."
He added that "the issue of the oil and gas law, despite talk of obstacles related to shared lands and the ownership of oil fields, whether for Baghdad or the region, is a bigger problem because many countries are trying to ensure that such a law is not passed."

He explained that "the countries seeking to prevent the law's passage benefit from oil smuggling, the rampant corruption in the relevant ministry, and the chaos associated with this file. Some countries are trying to ensure the continuation of this scenario to guarantee the achievement of their interests."

While discussions continue within the House of Representatives and among relevant parties regarding the drafting of a law acceptable to all sides, the question remains: how long will the oil and gas law remain hostage to political disputes?

 Will the political forces succeed in reaching a formula that balances the constitutional powers of the federal government with the rights of the regions and provinces, ensuring more transparent management of oil wealth and the distribution of revenues according to legal and constitutional principles that safeguard the rights of all Iraqis?  link

Tishwash:   A currency speculation network was dismantled and illegal funds and money transfers were seized in central Baghdad.

About the news

Federal Intelligence and Investigations Agency: Dismantling a network involved in currency speculation and illegal money transfers.

Local and international sums of money were seized in the center of Baghdad.

Recording the statements of the accused, including their confessions, and having them legally ratified.

The Federal Intelligence and Investigations Agency stated in a statement on Wednesday that detachments of the Organized Crime Directorate in Rusafa, based on accurate intelligence information, were able to detect a fake office without a sign, which was being used to conduct money transfers and financial transactions in dollars outside the legal frameworks.

The agency's detachments carried out an operation that resulted in the seizure of the office and the arrest of three defendants caught in the act.

These individuals were arrested while conducting financial transactions and local and international transfers outside of legal controls.

The arrest operation came after the formation of an intelligence team, verification of information, and obtaining the necessary judicial approvals.

The statements of the accused were recorded as confessions and were judicially ratified, before they were referred to the competent judicial authorities to take legal action against them.

Meanwhile, the Ministry of Interior announced on Wednesday that the Baghdad/Rusafa Police Command carried out a security exercise and a preemptive search campaign in the Al-Nuairiyah area, with the participation of a number of security, intelligence and support formations.

She said that "the campaign targeted the pursuit of wanted individuals and the seizure of violations and unlicensed weapons, resulting in the arrest of a number of wanted individuals in accordance with Articles (28) of the Narcotics Law and (456) of the Penal Code, and (8) violators of residency conditions, and the seizure of a warehouse for selling alcoholic beverages in violation of instructions, and the arrest of (4) people in possession of unlicensed weapons, in addition to the seizure of two Kalashnikov rifles and two pistols."  link

Tishwash:  Finance Minister to World Bank: We are proceeding with the implementation of automation projects and moving them to practical steps

Finance Minister Faleh Sari affirmed to a World Bank delegation on Thursday that the ministry is committed to implementing automation projects and moving them into practical steps.

The ministry stated in a press release received by the Iraqi News Agency (INA) that "Finance Minister Faleh Sari received a World Bank delegation headed by the Regional Director for the Middle East, Dalia Khalifa, and the Bank's Country Director for Iraq, Emmanuel Salinas, to discuss financial reform, the development of financial management tools, and the automation projects the ministry is working to implement."

According to the statement, the minister emphasized that "the ministry is committed to implementing automation projects and moving them into practical steps, which will contribute to developing work procedures, increasing the efficiency of resource and data management, and enhancing oversight and transparency in financial institutions."

He also noted "the importance of the World Bank's role in supporting the automation project and benefiting from its technical expertise in developing financial systems," explaining that "cooperation with the Bank encompasses a number of vital sectors related to financial and economic reform."

For their part, representatives of the World Bank praised "the measures taken by the Ministry of Finance in developing the financial and banking sector," stressing "the Bank's commitment to continuing cooperation with the Ministry to ensure the success of joint projects in Iraq, noting the growing interest of major international companies in the Iraqi market."  link

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Tishwash:  America presents al-Zaidi with two options: restricting weapons or imposing comprehensive sanctions that will topple the government and its president.

 Baghdad seems to have woken up to the most intense wave of American warnings since the formation of Ali al-Zaidi's government.

Washington has completely lost patience with the policy of "buying time" regarding the factions and has decided to present the Prime Minister with two stark choices: either genuinely "restrict the factions' weapons" or face comprehensive sanctions that would topple him and his government from the political scene and plunge the Iraqi economy into chaos, reminiscent of the aftermath of the invasion of Kuwait.

 Al Jazeera Net, in a report reviewed by 964 Network on Wednesday (September 16, 2026), reveals that two extremely harsh American cables arrived at al-Zaidi's office. The first nullified all previous government measures and deemed his efforts to "restrict weapons" a mere formality, while the second contained direct threats of isolation and crippling sanctions. While the factions sought a diplomatic way out by softening the language to "regulating weapons" or "gradually" disarming them, the leaders of the Coordination Framework rejected this maneuver, clinging to the term "restriction" unequivocally to avoid the consequences of a confrontation with Washington. link

Reset Intelligence: Baghdad Just Priced the End of the War. 9-17-2026

Sent to Recaps: Thank you David

Reset Intelligence: Baghdad Just Priced the End of the War. 9-17-2026

By Reset Intelligence | @EXIT_FIAT

Two prices were published inside the same 24 hours, and the world's financial press covered only one of them.

The Federal Reserve raised interest rates for the first time in more than 3 years. The quieter number came out of Baghdad, and it says far more about how this ends.

The number that confesses

Iraq's 2027 budget drafters let their working price for a barrel of oil surface in the Iraqi press this week: proposals between $50 and $65, with Finance and Planning working from a $60 to $70 standard. The barrel they are pricing trades above $100. A government that lives on oil does not price its only product at half the market unless it expects the war premium to be gone before the law takes effect. The same document that carries that barrel has to carry a value for the dinar, and it reaches parliament October 15.

The neighbors run the same math

• The Fed - 25 basis points to 3.75 to 4 percent, unanimous, first hike since July 2023, 16 of 18 officials penciling in another before year end

• Kuwait - wrote its budget year on a $57 barrel, deficit forecast up 54.7 percent, planning straight through Iraq's window

• Saudi Arabia - Aramco selling crude by ship-to-ship transfer off Fujairah and Sohar, outside the Strait of Hormuz entirely

• Washington - the Sanctioning Russia and Iran Act passed the House 262 to 159 and sits on the President's desk

• Venezuela - removed from the US drug-fight failure list for the first time in 2 decades, the rehabilitation template advancing

• The street - 158,000 dinars per $100 in Baghdad on a supply squeeze, while the Central Bank of Iraq ran its paper flat at 5.25 percent and said nothing

That is the short version, the moves anyone can see. What they add up to, why the budget arithmetic amounts to a confession, and what the September 30 weapons deadline has to do with the barrel price is the daily connection work, and that lives in the full briefing.

The market is pricing the war it can see. The budgets are pricing the peace their drafters expect. Only one of those numbers is being written into law.

Read the daily Iraqi dinar briefing free for 5 days. The full analysis, every source verified, every morning.

Want it straight from the horse's mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq.

Got a dinar question? Reset Intelligence runs the Iraqi dinar research assistant: ask it anything they have published. It answers in seconds and will conduct deep research to find you the answer.

Common questions, answered straight: When will the Iraqi dinar revalue? and Is the Iraqi dinar revaluation real?

The design behind all of it is mapped in Head of the Snake, and the Iraqi dinar resource library is free.

Follow the daily intel free: Telegram · Facebook · Spotify · Odysee

News, Rumors and Opinions Thursday 9-17-2026

Ariel: A Observation So to Speak, the Reset

9-17-2026

A Observation So To Speak: The Reset

Everyone reads September 30 as a disarmament deadline. Read it the other way: it’s the last day the old security architecture exists.

Militias holding weapons and militias holding hoarded cash are frequently the same gentlemen, and the weapons deadline functions as a census. Compliance with the handover signals compliance with the financial order that follows seven days later.

Anyone who turns in weapons quietly is telling Baghdad they’ll accept the currency switch quietly. Anyone who doesn’t is identifying themselves before their money becomes toilet paper, which is the only sequence that matters to the people running this. Identification first, expropriation second. That’s not a deadline. That’s a sorting mechanism.

The plates are done. The notes are printed. But here’s the detail almost everyone missed: the print contract wasn’t a single order. It was structured with a second tranche option additional capacity reserved, not yet exercised.

Why would a central bank reserve follow-up printing capacity for a currency it just redenominated? One reason: contingency volume. If the conversion deadline triggers a flood of legitimized currency returning to the banking system, the CBI needs print runs ready to meet demand for the new unit at scale.

That reserved capacity is the institutional admission that they expect the hoards to come rushing back in the ones with provenance. The ones without? They never even get the option. The second tranche is for the honest money. The dishonest money never gets a second anything.

Count the forcing functions still live: sovereignty clock (14 days), weapons census (14 days), budget at COM (already in), SEC structure rules (Friday), physical currency in vaults (done), swap desks calmed (done), counting machines delivered (in transit), second print tranche reserved (done).

Seven moving parts, all converging inside a three-week corridor, none of which require a single vote from the people trying to slow everything down. That’s the part that should keep certain individuals in certain European banking enclaves awake at night.

Every historical currency event that got delayed got delayed in committee. This one doesn’t have a committee. It has a calendar.

Three regional embassies in Baghdad requested emergency consular staffing extensions this month specifically in their commercial sections, not political. Countries don’t surge trade attaches ahead of a currency devaluation. They surge trade attaches ahead of a currency appreciation event, because everybody wants their national firms positioned at the front of the line for post-RV Iraqi contracts denominated in a suddenly hard currency.

 The diplomats are the money indicator. When embassies move, the smart money already moved six months ago. They’re just now getting the memo.

The main event has no remaining institutional obstacles only a sequence and a date.

Everything in this bonus packet is peripheral procurement behavior. Machines, staffing, swap desks, embassy sections, reserved print capacity. Institutions are terrible at keeping secrets with their mouths and absolutely terrible at keeping them with their supply chains. The mouths are still saying “no comment.” The supply chains are screaming.

The vaults are full. The window is set. The counting machines are on trucks.

Source(s):
• https://x.com/Prolotario1/status/2100370930417738132

https://dinarchronicles.com/2026/09/17/prolotario-a-observation-so-to-speak-the-reset/

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

Walkingstick  Basel III is a big part of the monetary reform.  You're compliance with everything that is required in order for you to raise the value of your currency.  You have no restrictions against you.  You have no sanctions.   You have no liquidity issues.  You have no high inflation.  Global banks get on good terms with you the CBI and you have established that.  The CBI is telling the world they agree to global banking standards.  Basel III is part of Oliver and Wyman...They're telling the CBI the dinar must adapt to the new market...

Reset Intelligence  A budget can't exist without a rate in it...Now the part everyone is blending:  The budget doesn't SET the rate. It records it. Since a number has to go in the draft, right now that's the current 1,300 sitting there as a placeholder "for stability." ...Seeing 1,300 in the draft proves nothing either way...The budget getting written is a big step...Just don't read the placeholder number as the answer. 

Ariel   Once Iraq moves, the dam breaks. A revalued dinar, backed by oil, gold, and reconstructed reserves, resets the reference point for every suppressed currency pegged in the same basket architecture. Vietnam, Indonesia, and the rest of the “second tier” revaluation currencies all move in sequence within days to weeks of each other, not months.

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Wednesday Evening News with MarkZ.

09/16/2026

We have some interesting articles out of Iraq, FED raises rates a quarter point, and some updates from bond sources.

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

MilitiaMan: Iraqi Dinar Update: Clear Analysis on Iraq's Economic Path

MilitiaMan: Iraqi Dinar Update: Clear Analysis on Iraq's Economic Path

9-17-2026

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=369EwLyGCno