Reset Intelligence: No Extension.

Emailed to Recaps~ Thank you David

Reset Intelligence: No Extension.

By Reset Intelligence | @EXIT_FIAT

Asked about Iraq's Prime Minister, Secretary of State Marco Rubio said: "We have zero doubt of his commitment to doing this." No extension was requested. September 30 stands.

Turkey agreed to hand back its base. Syria asked for the militias off its border. The coalition is packing out of Erbil.

Washington's answer

Iraq's holdout militias spent all summer betting that the September 30 weapons deadline would bend. On Wednesday in New York, Rubio closed that bet on camera. At least three militias have disarmed and joined the national government, he said, with at least one still refusing. Kurdish press confirmed al-Zaidi never asked Washington to extend the deadline, and even Nouri al-Maliki now says the weapons program and timetable will be announced on September 30. Baghdad says it will collect roughly 6 million weapons held outside its institutions, starting that day.

Every exit in one week

• Turkey - agreed to hand back its Bashiqa base near Mosul in stages, a base set up in 2015 without Baghdad's consent, in exchange for Iraqi state authority in Sinjar and the PKK out.

• Syria - President al-Sharaa met al-Zaidi for the first time, asked for militia-linked units to be kept off the border, and offered a second crossing, Al Qaim, for Iraq's fuel exports.

• The coalition - American air defenses are being packed out of Erbil ahead of the September 30 exit.

• The law - the two militia (PMF) bills go to parliament as soon as al-Zaidi lands.

• The money - al-Zaidi offered US companies land ownership and 10-year tax holidays, and told the IMF the government is restructuring Iraq's fiscal policy.

The dollar and the street

The US 5-year yield broke 5% for the first time since 2007 and the dollar hit a 7-week high, while on Baghdad's street the dollar eased to 157,000 dinars per $100 against the official 131,000. Tuesday, September 29, is the deadline for Iraqi banks to hand the CBI full databases on politicians and their relatives. The 2027 budget reaches parliament October 15.

That is the short version. Why these exits matter for the IQD, the history lesson that shows the order this runs in, and the watch list from here - that is the daily read.

Read the full daily briefing free for 5 days. Sign up here: the daily Iraqi dinar briefing

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. Sign up free: The CBI Rate Alert

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

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 free guides live in the Iraqi dinar resource library.

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News, Rumors and Opinions Thursday 9-24-2026

Ariel: Why October 15 Matters More than What Anyone is Saying

9-24-2026

It’s Go Time Ladies & Gents: Plan B Is Live And In Full Effect (The World At Your Feet)

CFTC Market Structure Rules — The Plan B Nobody Saw Coming

They called it, go time. And they are right. But here’s the part the Panicans can’t process because they’re still staring at the Clarity Act corpse waiting for it to twitch.

Congress didn’t fail. Congress was always going to choke. That was the point.

You don’t telegraph your real play through the slowest, leakiest, most compromised institution on Earth and expect it to land clean. You let the Clarity Act die on the floor, watch every crypto bro and dinar holder spiral into despair for exactly 72 hours, and then you drop the CFTC hammer from a direction nobody was watching.

That’s not a backup plan. That’s the operation.

THE IRAQ CONNECTION — WHY OCTOBER 15 MATTERS MORE THAN ANYONE IS SAYING

You already know the timeline: CBI digital dinar framework. 1:1 parity between paper IQD and dIQD. Trade Bank of Iraq, Rafidain, Rasheed running the permissioned ledger. Ministry of Finance declaring financial sovereignty September 30. Budget due October 15.

What you haven’t heard is the CFTC layer that’s about to lock into this.

Two weeks after Iraq declares financial sovereignty. Three weeks after the CFTC rules drop. The 2027 Iraqi budget lands and for the first time in modern history, the dinar’s value won’t be set by a currency board in a smoke-filled room. It’ll be set by an open market running on commodity-backed derivatives infrastructure that’s actually regulated, actually transparent, and actually functional.

That’s not a revaluation. That’s a repricing event with receipts.

Read Full Article:
https://www.patreon.com/Prolotario1/posts/its-go-time-plan-170396404

https://dinarchronicles.com/2026/09/24/prolotario-why-october-15-matters-more-than-what-anyone-is-saying/

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

Frank26   As soon as Trump walks into the United Nations, the first hand that he went and shook was Zaidi's hand.  If that doesn't tell you something...Talk about body language!

Stephen  The next two to four weeks will be some of the most exciting times in the Iraqi dinar investment.  We are in a period of extreme acceleration whether you see it or not.  I don't know how you can't see it.  It's right in front of us...We have never seen what's happening now happen so quickly...It's ok to be excited.  I'm excited right now. Remain  grounded...Your best days are ahead of you and the best is yet to come.

Reset Intelligence  Iraq priced its 2027 budget barrel at half the market. Kuwait did the same. The law that carries that number also carries the IQD's new rate...A central bank tells you what it wants you to hear, on schedule, from a podium.  A budget office tells you what it actually expects, because a budget has to survive the year it is written for.  Oil brings in more than 85 percent of the Iraqi state's revenue. A government does not price its only product at half the going rate...unless it believes the world that made the barrel expensive will be cheaper before the law expires...Baghdad Just Priced the End of the War.

Wed. Evening News with MarkZ. 09/23/2026

MZ: Keep your arms and legs inside the ride at all times folks, we are starting to see evidence of the reset in the real world, stay grounded, stay calm and pay attention to the bond rates.

MZ: Rumors from multiple sources say we may get a full blown rip between today and next Tuesday when the public gets to find out. We may find out over the weekend. The rumor is CMKX, Indian nations and prosperity packages go over the weekend…most likely on Sunday.

MZ: That is the rumor. And its coming to me from many different directions from people who don’t know each other. Cross your fingers…hope its accurate and don’t make any stupid decisions.

MZ: Do I think its possible?…..perhaps even likely?   Yes

MZ: Stay grounded and keep your arms and legs inside the ride at all times folks…until we come to a full stop.

https://www.youtube.com/watch?v=37VFSXTNDI

Iraq Economic News and Points To Ponder Late Wednesday Evening 9-23-26

The 2027 Budget: A Deficit Of 65 Trillion And The Exchange Rate Is On The Table

September 23, 2026Last updated: September 23, 2026

The Independent/- The Finance Committee in the Iraqi Parliament is preparing to begin one of the most important economic discussions in the coming period, with the expected arrival of the draft federal budget for 2027 to Parliament in mid-October, amid initial estimates indicating a deficit that may reach about 65 trillion dinars.

Member of Parliament’s Finance Committee, Ikhlas Al-Dulaimi, said that the draft budget is expected to reach the House of Representatives on October 15, stressing that the committee has prepared its plans and preparations to study the draft, organize its items and discuss it before putting it to a vote.

The date is consistent with previous statements by Finance Committee member Jamal Kojar, who said that the Finance Minister informed the committee that the draft budget would reach Parliament on October 15, in accordance with legal timelines, while the price of oil on which revenue estimates will be based is still not definitively decided.

A Deficit That Could Reach 65 Trillion Dinars

Al-Dulaimi predicted that the deficit in the 2027 budget would reach about 65 trillion Iraqi dinars, a figure that puts the government and parliament before a challenge regarding how to finance spending without increasing pressure on public finances.

She confirmed that the Finance Committee will discuss the procedures and solutions that the Ministry of Finance will propose to deal with the deficit after the project officially reaches Parliament.

These estimates come in conjunction with economic warnings about the continued heavy reliance of the budget on oil revenues, which makes Iraq’s financial situation sensitive to changes in crude oil prices, export volumes, and disruptions that may affect the movement of energy exports.

The Exchange Rate Enters Budget Discussions

One of the most prominent issues revealed by the Finance Committee is the exchange rate of the dollar against the dinar.

Al-Dulaimi said that the committee will discuss the exchange rate issue within the deficit-related solutions, in addition to the measures that will be presented by the Ministry of Finance, noting that there are proposals and solutions at the Ministry that the committee will review after receiving the draft budget.

These statements, in themselves, do not imply a decision to change the official exchange rate; the Ministry of Finance or the relevant monetary authorities have not yet announced a final decision on this matter in the published sources that have been reviewed.

Thus, the exchange rate will be one of the issues that will be discussed when studying the budget, while the nature of the government proposals will become clear after the project and its financial schedules officially reach the House of Representatives.

Employee Salaries Are "Secured".

Regarding public spending, Al-Dulaimi confirmed that the salaries of state employees are secured, coinciding with talk of increased oil exports and the existence of reserves at the Central Bank that can contribute to supporting financial stability.

The issue of salaries is of particular importance in light of the large operational spending and financial obligations of the state, while the government seeks to prepare a budget that can balance current expenditures, investment projects and the actual ability to generate revenues.

The Price Of Oil Has Not Yet Been Decided.

The price of a barrel of oil adopted in the budget remains one of the most anticipated figures, as Kujer stated in previous remarks that the proposals under consideration ranged between $50 and $65 per barrel, with a difference of opinion regarding the most appropriate price to adopt.

Determining the assumed price of oil is a key factor in calculating revenues and deficits; the higher the assumed price, the more sensitive the budget becomes to any actual downturn in global markets, while adopting a more conservative price provides a greater margin of safety if actual selling prices remain above the estimated price.

All eyes are now on October 15, the expected date for the draft budget to reach Parliament, as the official tables will then reveal the true size of expenditures, revenues, deficit, the assumed oil price, and the mechanisms for financing the financial gap.

The discussions will also reveal more clearly the nature of what the Finance Committee indicated regarding the exchange rate, and whether the matter will be limited to studying its impact on revenues and expenditures, or whether the budget will include new proposals related to fiscal policy.

Between a projected deficit of up to 65 trillion dinars, the issue of the exchange rate, oil prices, salaries and public spending, Iraq’s 2027 budget appears poised to be one of the most sensitive economic issues facing the government and parliament in the coming months. https://mustaqila.com/موازنة-2027-عجز-بـ65-تريليوناً-وسعر-الصرف-ع

Al-Zaydi Presents The Financial Automation Plan To The IMF, And Azour Expresses His Readiness To Provide Support

2026-09-23 | New York - 964    Prime Minister Ali al-Zaidi met in New York on Wednesday (September 23, 2026) with Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund, to discuss the repercussions of the regional crisis and its direct impact on oil prices, energy, and global supply chains.

During the meeting, Al-Zaydi affirmed the government’s commitment to restructuring fiscal policy and shifting towards a “program and performance budget” and automating key components within the 2027 budget, while Azour expressed the Fund’s readiness to continue providing support and cooperation to enhance reforms and consolidate economic stability in Iraq.

The media office of Al-Zaidi stated in a statement received by 964 Network that “Prime Minister Ali Faleh Al-Zaidi received in New York, after midnight last Tuesday Baghdad time, the Director of the Middle East and Central Asia Department at the International Monetary Fund/IMF, Mr. Jihad Azour, and his accompanying delegation.”

He added that “the meeting discussed developments in the global economic landscape, the repercussions of the crisis in the region and its impact on markets, prices, supply chains, and inflation rates, as well as its effects on energy consumption and oil prices.”

Al-Zaydi confirmed, according to the statement, that “the government is proceeding with restructuring the basic pillars of fiscal policy in Iraq, through expanding the automation system and gradually moving towards a program and performance budget, within the 2027 budget project.”

For his part, Azour affirmed “the IMF’s readiness to continue cooperating with Iraq, and to strengthen the path of economic and financial reforms, in a way that contributes to consolidating financial and economic stability in Iraq.” https://964media.com/719339/

Al-Zaydi Directs Official Institutions And Governorates To Prepare For The Celebration Of Iraqi Sovereignty Day

2026-09-23 | 964    Prime Minister Ali al-Zaidi directed government institutions to celebrate Sovereignty Day on October 1st by holding a vigil to commemorate the martyrs and victims, and to wear a badge on the chest bearing the map of Iraq or its flag.

The General Secretariat of the Council of Ministers stated in a statement received by Network 964 that “Prime Minister, Mr. Ali Faleh Al-Zaidi, directed all ministries, non-ministerial entities, and governorates to take the necessary measures in accordance with the law, in coordination with the Government Media Cell, regarding the following.”

“First: A moment of silence in governmental and public institutions, to commemorate the martyrs and victims of Iraq as part of the celebration of Iraqi Sovereignty Day.”

Second: Wearing a badge on the chest that represents National Sovereignty Day, for example (a map of Iraq or a map of Iraq in the colors of the Iraqi flag or any other design).

“Third: All governorates should promote the official and popular local celebration of Sovereignty Day through all local government departments and institutions.”

“Fourth: Instructing the relevant authorities to take appropriate measures regarding the matter through popular programs and activities.”

He added that “the Cabinet Affairs and Committees Department in the General Secretariat of the Cabinet stated that the directive came in light of the approaching date of the celebration of Iraqi Sovereignty Day, corresponding to the first of October 2026.” https://964media.com/719356/

Seeds of Wisdom RV and Economics Updates Thursday Morning 9-24-26

Good Morning Dinar Recaps,

UK BANKING RESET: MAJOR BANKS COMPLETE FIRST LIVE TOKENIZED-DEPOSIT TRANSACTIONS

Britain’s largest banks have moved tokenized commercial-bank money into live customer transactions, bringing blockchain-based deposits one step closer to everyday financial infrastructure.

 OVERVIEW

• Major UK banks have completed the first live customer transactions using tokenized sterling deposits, including two remortgage transactions and a simulated consumer marketplace payment.

• The transactions demonstrate how ordinary commercial-bank deposits can operate on blockchain-based infrastructure while retaining the protections and legal status associated with conventional bank money.

• The development could eventually connect tokenized deposits with digital assets, digital bonds and programmable payments, adding another building block to the evolving global financial system.

KEY DEVELOPMENTS

1. UK banks have moved tokenized deposits into live transactions

The Great British Tokenised Deposit initiative, convened by UK Finance, has completed its first live customer transactions using tokenized sterling deposits.

The participating institutions include Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander.

Lloyds, NatWest and Barclays completed two remortgage transactions, while another group of banks including HSBC conducted a person-to-person transaction based on an online marketplace purchase.

2. The money remains commercial-bank money

Tokenized deposits are different from privately issued stablecoins.

A tokenized deposit represents existing money held at a commercial bank, but records and moves that deposit using blockchain or distributed-ledger technology.

UK Finance says the approach is designed to retain the trust and regulatory protections of conventional commercial-bank deposits while adding capabilities such as programmability, speed and conditional settlement.

3. Payments can be programmed around real-world conditions

The marketplace transaction demonstrated one of the most significant features of tokenized deposits: programmability.

The buyer's funds could be locked in the account and released to the seller only after the agreed condition—the exchange of the goods—was satisfied.

The remortgage transactions used a similar concept, with funds automatically released once the property transaction was completed.

This creates the possibility of financial transactions in which the payment itself is connected directly to the completion of another event.

4. The technology could reduce friction in financial transactions

Traditional financial transactions can involve multiple systems, manual checks and settlement steps.

Tokenized deposits could allow some of those processes to become more automated.

UK Finance says the pilots demonstrated potential benefits including greater transparency, reduced transaction friction and more efficient settlement.

The significance is therefore broader than simply moving money faster. It is about changing how financial transactions are structured and completed.

5. Digital bonds are the next major step

The project is already looking beyond the initial payment pilots.

Participating banks plan to develop a company and governance framework to move the initiative toward production. They also plan to issue three digital debt instruments that can be traded and settled using tokenized deposits.

That creates a direct connection between tokenized bank money and tokenized financial assets.

The potential chain becomes:

Tokenized Deposits → Digital Bonds → Trading → Settlement → Programmable Financial Markets

6. The UK is building a bank-based digital-money model

The development also highlights an important distinction emerging in digital finance.

Rather than relying entirely on privately issued stablecoins, tokenized deposits allow regulated commercial banks to bring existing bank money onto digital networks.

Reuters reports that the Bank of England has favored experimentation with tokenized deposits rather than relying exclusively on privately issued stablecoins.

This keeps the underlying money within the banking system while allowing it to gain new digital capabilities.

7. The development fits a much larger global transformation

The UK development is occurring alongside similar efforts elsewhere.

The European Central Bank recently launched Pontes, connecting its payment system with blockchain-based financial markets and allowing transactions involving tokenized assets to settle using central-bank-backed euros.

Together, these developments point toward a financial environment in which commercial-bank deposits, central-bank money and financial assets can increasingly interact with blockchain-based infrastructure.

WHY IT MATTERS

For decades, financial institutions have used separate systems for payments, securities, settlement and recordkeeping.

Tokenization has the potential to bring some of those functions onto shared digital infrastructure.

The UK pilots demonstrate that this is moving beyond theory. Real bank money has now been used in live transactions through a tokenized-deposit system.

That does not mean the entire banking system is moving onto blockchain tomorrow. But it does demonstrate a practical pathway for integrating traditional money with emerging digital financial infrastructure.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

For foreign currency holders following the Global Reset, this development is important primarily because it concerns the infrastructure surrounding money, rather than an immediate change in currency values.

There is no announcement here of a pound revaluation, global currency reset or specific exchange-rate change.

Instead, the UK banking system is testing a way for ordinary bank deposits to become programmable and transferable through digital infrastructure.

That is consistent with the broader principle of foundation before revaluation: financial systems can change their underlying architecture long before those changes produce visible effects in currency markets.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1 — Banking

Tokenized deposits bring traditional commercial-bank money onto digital infrastructure without turning that money into a privately issued cryptocurrency.

• Pillar 2 — Technology

Blockchain and distributed-ledger technology are moving from experimental applications toward actual banking transactions.

• Pillar 3 — Payments

Programmable deposits could allow payments to occur automatically when predetermined conditions are satisfied.

• Pillar 4 — Assets

The planned digital-bond transactions could connect tokenized money directly with tokenized securities.

• Pillar 5 — Settlement

The ability to coordinate money and asset transfers on digital infrastructure could eventually reduce some of the delays and reconciliation processes associated with traditional settlement.

The Global Reset Connection

Commercial Bank Deposits → Tokenization → Blockchain → Programmable Money → Digital Assets → Digital Bonds → Automated Settlement → Global Financial Infrastructure

RUMOR SAFETY REMINDER

This development is not an announcement of a global financial reset, pound revaluation, currency revaluation or specific reset date.

The UK banks have completed live pilot transactions, but the broader system is still being developed. Additional pilots and digital-asset settlement work are expected, and the participating banks are working toward a production framework.

The significance is the documented evolution of financial infrastructure—not a prediction about future currency values.

Hope, not hype. Follow the evidence.

THE BOTTOM LINE

The significance of Britain's tokenized-deposit milestone is not simply that banks are putting deposits on a blockchain. It is that ordinary bank money is beginning to operate in a form that can be programmed, connected to digital assets and settled through new financial infrastructure.

As traditional deposits, digital assets and automated settlement begin to converge, the architecture underneath the global financial system is evolving one transaction at a time.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

1. UK Finance — "UK banks complete first live customer transactions using tokenised sterling deposits"

2. Reuters — "UK banks make first interbank transactions using tokenised deposits"

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🌱 A Message to Our Currency Holders🌱

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

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

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

That is not your failure.

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

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

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

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

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

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

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Thank you Dinar Recaps

Gold Holds As Investors Weigh China, Iran Relations

Gold Price Today, Wednesday, September 23, 2026: Gold Holds As Investors Weigh China, Iran Relations

Tim Manni · Wed, September 23, 2026   Gold (GC=F) December futures opened at $4,394.70 per troy ounce on Wednesday, September 23, 2026, up 0.4% from Tuesday's close. Gold moved lower in early trading this morning to $4,352 per troy ounce as of 6:51 a.m. ET.

Gold prices have settled back in the $4,300 range again as investors weigh the latest developments in Iran relations and as President Trump welcomes Chinese leader Xi Jinping to Washington today. This week's U.S.-China summit marks the first time in 11 years the Chinese President has been to Washington, D.C.

Many important issues are on the table for the two world leaders to discuss this week, including trade negotiations, rare earths, AI, and the war in Iran.

Hopes for easing tensions between the U.S. and Iran have been lifted after the two countries met for several hours at the United Nations yesterday, with oil prices responding in kind. Brent crude oil prices (BZ=F) are now down to under $96 a barrel, a 9.98% decline over the last five days.

Live updates: Stock market today: Dow, S&P 500, Nasdaq futures muted as oil falls, markets eye looming Trump-Xi meeting

Current Price Of Gold 

Gold futures opened flat on Wednesday, September 23, 2026, compared to Tuesday's close. Here's a look at how the opening gold price has changed versus last week, month, and year:  

• One week ago: +1.4%

• One month ago: -4%

• One year ago: +16.2%

For context, the one-year gain for gold was 95.6% on Jan. 29.

24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. 

Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria.

Considering A Gold Alternative?

If you're looking for a gold alternative, Yahoo Finance also tracks the daily price of silver (SI=F) and the daily price of bitcoin (BTC-USD) and ethereum (ETH-USD).

Ways To Invest In Gold 

There are different ways to invest in gold, and each has pros and cons. Four common options are:  

1. Physical gold

2. Gold mining stocks

3. Gold ETFs

4. Gold futures

Physical gold

Physical gold includes jewelry, gold bars, and gold coins. Some prefer physical gold over other forms because it's tangible and easy to purchase. You can easily buy a gold necklace at the mall or gold bars at Costco (COST). 

Physical Gold Pros And Cons

 The Advantages Of Physical Gold Include:

1. Readily accessible for use: If you keep your physical gold at home, it is easily available to use as a medium of exchange in an economic emergency.

2. No added volatility or ongoing fees: If you hold the gold yourself, "you eliminate counterparty risk and storage fees or expense ratios," explained Brett Elliott, director of content and SEO at American Precious Metals Exchange (APMEX). You also avoid the added business volatility associated with gold mining stocks, as explained below. 

Learn more: Take a deeper dive into the gold sector

The Disadvantages Of Physical Gold Include:

1. Risk of theft or loss: Physical gold must be properly secured. You can store it at home for free, or invest in third-party storage and insurance. Remember that fees associated with storage or insurance dilute your returns.   

2. Lower liquidity: Physical gold is less liquid — that is, harder to sell quickly — than stocks or ETFs. Also, if you are not using the gold as a medium of exchange, you must find a dealer and pay a markup on the sale.

TO READ MORE: https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-wednesday-september-23-2026-gold-holds-as-investors-weigh-china-iran-relations-110649042.html

Thursday Iraq News Posted by Tishwash at TNT 0-24-2026

TNT:

Tishwash:  Al-Zaidi meets Trump in New York

Prime Minister Ali Faleh al-Zaidi met today, Wednesday, in New York with US President Donald Trump to discuss the latest developments in the region and the joint efforts being made by Iraq and the United States to enhance security.

The Prime Minister's Media Office stated in a statement that "Prime Minister Ali Faleh al-Zaidi met with US President Donald Trump in New York."

During the meeting, the two sides discussed bilateral relations and ways to enhance cooperation and partnership between the two countries in the political, economic and investment fields. They also reviewed the latest developments in the region and the joint efforts made by Iraq and the United States to promote regional and international security and stability.  link

Tishwash:  National Wealth Unit

 The absence of a federal law on oil and gas since 2007 until today has led to alternating periods of stagnation and escalating conflicts between the federal government and the producing provinces. Throughout that period, there were no serious intentions to resolve this vital issue related to the state’s economy, which allowed for a competitive war of corruption, smuggling, and the exorbitant enrichment of many figures and names who established financial empires that could finance the budgets of small countries in our regional vicinity.

 This law, for those who do not know it, represents the basic pillar of the structure of the economy, which is subject to the dominance of oil revenues by (90 percent). Its enactment will enhance the confidence of international investors and support the exchange rate of the Iraqi dinar through the flow of hard currency and establish fair mechanisms for the distribution of revenues. In addition to providing an investment environment for the development of fields and the investment of associated gas, the existence of a stable legislative framework encourages global energy companies to double production to confront the shocks of declining revenues and absorb financial disputes.

 The Oil and Gas Law embodies the people’s ownership of their national wealth, as confirmed by Article (111) of the Iraqi Constitution, which is the supreme and highest law in the country.

This article stipulates that oil and gas are the property of the Iraqi people in all regions and governorates. It also regulates how this national wealth is to be held by the state and under the control of the federal government, taking into account the fair and just distribution of its revenues in proportion to the population distribution throughout the country, as indicated by Article (112) of the Iraqi Constitution. 

On another front, the enactment of this law establishes a mechanism for distributing a portion of the profits generated from crude oil sales to several funds, including a Citizen's Fund, a Reconstruction Fund, a Generations Fund, and other long-term financial reserves.

Since the fall of the regime until today, some oil- and gas-producing provinces may have suffered injustice. The management of the country's wealth must be exclusively in the hands of the federal government, and its revenues must be distributed fairly and equitably according to population size. This can only be guaranteed by the Oil and Gas Law, as it is not merely a passing piece of legislation, but rather the cornerstone for restructuring the Iraqi economy.

The continued obstruction of such a law for years, due to political disputes and the prioritization of narrow interests, has cost the public treasury enormous losses and kept the country in a state of financial instability. Therefore, it has become imperative for the House of Representatives to end the state of conflicting constitutional interpretations and reliance on temporary understandings, and to establish fair mechanisms for distributing revenues between the federal government and the producing regions and governorates, and to put an end to the duality of oil policies and protect the unity of national wealth.”  

As for the contentious clauses, the best solution lies in adopting a consensual formulation that guarantees the producing governorates a wider scope in managing their affairs, while the sovereign decision to contract and market remains unified in the hands of the federal government. Continuing to obstruct this law is not a strategic option, but rather a sacrifice of Iraq’s future for immediate political gains. It is time for the political forces to overcome their differences and put the national interest above all considerations, in order to find a real entry point for economic reform and financial stability.  link

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Tishwash:  Prime Minister: The government is proceeding with restructuring the fundamental aspects of fiscal policy in Iraq.

Prime Minister Ali Faleh al-Zaidi affirmed on Wednesday that the government is proceeding with restructuring the fundamental pillars of fiscal policy in Iraq.

The Prime Minister's Media Office stated in a press release received by the Iraqi News Agency (INA) that "Prime Minister Ali Faleh al-Zaidi met in New York, after midnight on Tuesday, Baghdad time, with Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), and his accompanying delegation."

The statement added that "the meeting addressed developments in the global economic landscape, the repercussions of the crisis in the region and its impact on markets, prices, supply chains, and inflation rates, as well as its effects on energy consumption and oil prices."

According to the statement, the Prime Minister emphasized that "the government is proceeding with restructuring the fundamental pillars of fiscal policy in Iraq through expanding the automation system and gradually transitioning towards a program and performance-based budget, within the framework of the 2027 budget project."

For his part, Azour affirmed the IMF's readiness to continue cooperating with Iraq and strengthening the path of economic and financial reforms, in a way that contributes to consolidating financial and economic stability in Iraq.  link

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Tishwash:  The Prime Minister emphasizes the importance of expanding partnerships with major international companies to develop the oil sector.

Prime Minister Ali Faleh al-Zaidi emphasized on Wednesday the importance of expanding partnerships with major international companies to develop the oil sector.

The Prime Minister's Media Office stated in a press release received by the Iraqi News Agency (INA) that "Prime Minister Ali Faleh al-Zaidi met in New York, after midnight on Tuesday, Baghdad time, with ExxonMobil CEO Darren Woods and his accompanying delegation."

The statement added that "the meeting addressed prospects for cooperation and partnership with ExxonMobil in the areas of oil exploration and the development of existing fields, contributing to increased production and optimal investment of oil resources."

According to the statement, the Prime Minister stressed the importance of expanding partnerships with major international companies and leveraging their expertise and modern technologies to develop the oil sector, given Iraq's focus on increasing its production capacity and enhancing the efficiency of investment in its natural resources.  link

Tishwash:  The Prime Minister affirms to a delegation from the American company HKN the government's intention to organize the Baghdad Energy Conference.

Prime Minister Ali Faleh al-Zaidi, during his meeting with a delegation from the American company HKN in New York, affirmed the government's commitment to organizing the Baghdad Energy Conference, which will witness the announcement of new exploration blocks in Iraq.

The Prime Minister's Media Office stated in a press release received by the Iraqi News Agency (INA) that "Prime Minister Ali Faleh al-Zaidi received in New York, after midnight on Tuesday, Baghdad time, the Chairman of the Board of Directors of the American company HKN, Ross Perot, and his accompanying delegation. HKN is a company specializing in the exploration and development of oil and gas fields."

The Prime Minister called on the company to redouble its efforts, accelerate the pace of work, and increase the execution hours of its projects and contractual obligations in Iraq, particularly those related to increasing oil production.

He indicated the government's intention to organize the Baghdad Energy Conference, which will witness the announcement of new exploration blocks in Iraq, representing significant investment opportunities for major international companies. He explained that the government will work to overcome obstacles and address problems that could delay the implementation of projects and the companies' commitments.

For its part, the company's delegation expressed its readiness for further cooperation, increased working hours, and accelerated execution to enhance the speed of completion and commitment to achieving the objectives.  link

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

Tishwash:  Before sending it to parliament, Al-Zaydi drafted the "Popular Mobilization Forces Law" immediately upon his return from New York.

An informed source reported on Tuesday that Prime Minister Ali al-Zubaidi will submit the draft Popular Mobilization Forces Law, whose clauses have been amended according to the observations of parliamentary and political forces, to the House of Representatives as soon as he returns from the United States.

The source told Shafaq News Agency that the paragraph regarding amending the "legal age of the head of the Popular Mobilization Forces" needs to be amended or reformulated, as it indicates that the extension, renewal, and referral to retirement of the head of the Popular Mobilization Forces will be in the hands of the Commander-in-Chief of the Armed Forces.

According to the information provided by the source, the aforementioned paragraph will be amended to grant the Prime Minister the authority to extend the term of the head of the authority for a limited period, not exceeding two years, and without renewal.

Last week, Iskandar Watout, a member of the parliamentary Security and Defense Committee, confirmed that the amended Popular Mobilization Forces Law would soon reach parliament for passage, after amendments were made to it.

There is near-political consensus to change the title of the head of the Popular Mobilization Forces to something equivalent to a ministerial position without a ministry, while the official name of the Popular Mobilization Forces remains unchanged.

Informed sources revealed that the draft laws on the structure of the Popular Mobilization Forces and on service and retirement will soon be referred to the Iraqi Parliament, after the removal of a number of controversial clauses that were subject to an American veto.

However, there is an American veto on some clauses of the Popular Mobilization Forces laws, and therefore the two drafts will be referred in their final form to the House of Representatives, in preparation for starting the procedures for legislating them according to the approved official contexts.

The US Treasury Department had placed “Al-Muhandis Company” on the sanctions list in October 2025, on the grounds that it was linked to financing armed factions and facilitating economic activities related to the Iranian Revolutionary Guard, which was met at the time with rejection and regret from the Iraqi government.

With regard to the military educational institutions affiliated with the Popular Mobilization Forces, legal or administrative objections related to the terms and conditions of nomination and acceptance, including institutions concerned with qualifying Popular Mobilization officers or admission channels to the Joint Staff College, are subject to official administrative and legal references within the organization.  link

FRANK26….9-23-26….A DAY OF CONFESSION

KTFA

Wednesday Night Video

FRANK26….9-23-26….A DAY OF CONFESSION

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=hZpg_Wjrd6U

Iraq Economic News and Points To Ponder Wednesday Afternoon 9-23-26

Parliamentary Finance: The Salaries Of Employees Are Secured And The Budget Deficit Of 2027 May Reach 65 Trillion Dinars

Money and business   Economy News — Baghdad  A member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, said that the committee has prepared its plans and preparations to discuss the draft general budget, pointing out that "the budget for 2027 is expected to reach the House of Representatives on October 15."

Al-Dulaimi said in a statement to the official newspaper, that "the Finance Committee will have a large role in the study of the budget and the organization of its items and discuss them to reach a vote on them within the House of Representatives," noting that "the expected deficit in the budget may reach about 65 trillion dinars."

‎She explained that "the committee will discuss within the treatments of the deficit the file of the exchange rate and the procedures that will be proposed by the Ministry of Finance," stressing that "there are treatments with the ministry will be seen by the Finance Committee after the arrival of the draft budget to the House of Representatives."

‎With regard to public spending, Al-Dulaimi stressed that "the salaries of employees are secure," pointing out that "the volume of oil exports is increasing, reaching about 3 to 4 million barrels per day, in addition to the existence of reserves at the Central Bank can contribute to supporting financial stability."    https://www.economy-news.net/content.php?id=74250

The Shift Towards Electronic Collection Of Departments And Industrial And Commercial Sectors

Money and business  Economy News _ Baghdad  The Electricity and Energy Committee in the House of Representatives revealed the existence of a trend to convert 3 items to the entire electronic collection, and while the national electricity system suffers from the frequency of firefighting due to the lack of imported gas, a similar crisis was exacerbated by the owners of private generators for periods of up to six hours a day under the pretext of scarcity in the (Kaz).

A member of the Parliamentary Electricity Committee, Zahra Luqman Al-Saadi, said in an interview with the official newspaper "Economy News" that within the treatment of the file of "high loads", there is a government trend binding to convert subscribers from industrial and commercial classes and government departments to the entire electronic collection.

The deputy added that the committee is working to exercise the supervisory role on the distribution departments to ensure that all these items are provided with smart devices (POS) and smart meters, as the recovery of the amounts of these items represents the largest resource of the ministry.

In the midst of that, “morning” followed the complaints of citizens in Baghdad and the provinces, which confirmed the repeated extinguishing of the national system, and the same act is practiced daily by some owners of private and government generators alike, for periods of (4-6) hours a day under the pretext of the existence of scarcity of ketosis, while others appealed to impose strict control and inspection of the owners of generators to coincide with the deliberate extinguishing by them with an unprecedented lifting of the price of one amp from 15 thousand dinars to 22 thousand, citing the same argument.

Despite the ongoing interruptions and the apparent discontent among citizens, the Ministry of Electricity has maintained a media silence on the energy crisis, which has renewed with the approach of the winter season. In this context, Al-Sabah newspaper communicated by phone with the ministry, but the official spokesman chose not to respond or media cooperation, ignoring that this file is the biggest concern and permanent inspiration for citizens around the clock.   https://www.economy-news.net/content.php?id=74248

Parliamentary Economy Discusses The Amendment Of The Industrial Cities Law

Money and business   Economy News - Baghdad The Parliamentary Committee on Economy, Industry and Trade discussed on Tuesday the draft law to amend the Industrial Cities Law, in preparation for the completion of its final version and put it to a vote in the coming period.

A statement by the Information Department of the House of Representatives said that the committee held a meeting under the chairmanship of the President of the age, MP Omar Mohammed Mohammed Karim, in the presence of its members, in addition to the representative of the Union of Industrialists, the President of the Industrial Cities and Free Zones Authority and a number of legal representatives and the beneficiary sectoral bodies.

The statement added that the meeting witnessed hearing the views and suggestions of the members of the committee and representatives of the concerned authorities on the amendment articles, thus contributing to reaching a final legal formula that takes into account the requirements of the industrial sector and the development of the environment of industrial cities.

He pointed out that the committee is working to complete the discussion of observations and proposals in preparation for the submission of the draft law in its final form and vote on it in the coming period    https://www.economy-news.net/content.php?id=74217

Responsible Source: Handling Companies Apologize For Serving Iranian Aircraft For Fear Of Sanctions

Money and business   Economy News - Baghdad    An official source confirmed on Wednesday that the Ministry of Transport and the Civil Aviation Authority do not bear the responsibility of not receiving Iranian aircraft, while noting that the handling companies and ground services apologized for providing their services to Iranian airlines for fear of sanctions.

The source said that "the Ministry of Transport does not bear the responsibility of not receiving Iranian aircraft, as well as the Civil Aviation Authority of the Council of Ministers, which is responsible for granting approvals in accordance with the principle of reciprocity with the Iranian side in the files of travel and aviation and in accordance with the laws governing aviation internationally."

He added that "the issue is related to handling companies and ground services, which are private non-governmental companies contracted with Iranian airlines to provide after-landing and pre-take-off services, including loading and landing bags and organizing the procedures for the departure of passengers to aircraft and other services," noting that "these companies are the ones who apologized to Iranian airlines for providing their services for fear of being subject to sanctions."

He added that "Iraqi airports provide a spatial environment for private companies that provide their services for wages and do not interfere in the nature of the contract of these companies with airlines in any detail."    https://www.economy-news.net/content.php?id=74271

Iraq Calls From Doha For Effective Arab Cooperation To Recover Funds And Combat Corruption

Money and business    Economy News – Baghdad   Iraq participated on Wednesday in the sixth session of the Conference of the States Parties to the Arab Convention against Corruption, which was launched in the Qatari capital Doha, while the head of the Federal Integrity Commission, Mohammed Ali Al-Lami, called for strengthening Arab cooperation in the field of recovering funds and assets and confronting cross-border corruption.

The Federal Integrity Commission said in a statement that "the work of the sixth session of the Conference of the States Parties to the Arab Convention against Corruption was launched in Doha, with the participation of the delegation of the Republic of Iraq headed by the Chairman of the Commission, Mohammed Ali Al-Lami, to confirm Iraq's commitment to implement the agreement, which it acceded to in 2012."

She added that "the head of the Qatar Administrative Control and Transparency Authority, Hamad bin Nasser Al-Misnad, opened the conference, which witnessed the State of Qatar assuming the presidency of the sixth session of the Arab Convention against Corruption from the State of Palestine."

Al-Lami stressed that "corruption is a cross-border international scourge, and confronting it requires concerted efforts and cooperation between countries, such as international cooperation in combating terrorism, epidemics and diseases."

He pointed out that "Iraq continues to implement its national plans in the field of combating corruption, and is moving towards the adoption of the national strategy for integrity and combating corruption until 2030, in order to enhance transparency and the application of governance systems and digital transformation."

He explained that "Iraq's efforts are not limited to the financial, investigative and deterrent aspects, but include taking into account the principles of human rights and launching programs targeting various segments of society, especially young people, to promote a culture of integrity and combat corruption."

He pointed to the issuance of a regulation of the functional conduct of the elections, with the aim of preventing the exploitation of state resources, as well as the launch of honorable charters for integrity with the participation of social actors and opinion leaders.

In the file of the recovery of funds and assets, Al-Lami stressed that "this file occupies an important area of Iraqi national efforts," calling on the countries parties to the agreement to "active cooperation to overcome the difficulties that hinder the speedy implementation of requests for the recovery of funds and assets."

He stressed that "Iraq is determined to continue to fight corruption based on independence, community partnership and Arab and international cooperation."

The Conference witnessed the election of officers and the adoption of the agenda, as well as the discussion of a series of resolutions submitted by the Secretariat-General of the League of Arab States and proposals made by States parties to the Convention.

The Federal Integrity Commission is the official representative of Iraq in the Arab and United Nations Conventions against Corruption and follows up on their obligations, foremost among which is cooperation, exchange of assistance and experiences, and participation in relevant conferences and forums.  https://www.economy-news.net/content.php?id=74259

Foreign Minister Discusses With His Iranian Counterpart The Reopening Of The Strait Of Hormuz

Money and business   Economy News – Baghdad  Foreign Minister Fuad Hossein on Wednesday discussed with his Iranian counterpart Abbas Araqchi the reopening of the Strait of Hormuz.

"I met in New York with the Foreign Minister of the Islamic Republic of Iran, Abbas Araqchi, and we discussed bilateral relations and developments in the region, the ongoing indirect contacts between Tehran and Washington, and efforts to de-escalate and reopen the Strait of Hormuz to navigation," Hussein said in a blog post on the X platform.

Hussein stressed that "dialogue and diplomacy remain the most effective path to contain tension and prevent its expansion, and that the security of the region and freedom of navigation require regional cooperation and responsible dialogue between the parties concerned."

He pointed out that "the meeting discussed the fight against terrorism across borders and the strengthening of economic cooperation, and we agreed to continue consultation to support regional security and stability   https://www.economy-news.net/content.php?id=74256

Al-Sharaa: There Is A Project To Link Iraq's Oil Fields To Syrian Ports And Secure Safe Passage For Its Products

Money and business   Economy News — Baghdad   Syrian President Ahmed al-Sharaa revealed that there is a project to link Iraq's oil fields to Syrian ports and secure a safe passage for its products.

Al-Sharaa said after his meeting with Al-Zaydi and in an open dialogue within the activities of the Atlantic Council: "We have a long border with Iraq, and we seek to establish economic ties between Iraq and Syria, because this will improve relations in the common interest of the two countries."

“We are also trying to secure a safe passage for Iraqi products, especially oil products, through Syria.”

He pointed out that "there is a project to link the oil fields in Iraq with the Syrian seaports, as an alternative through Bab al-Mandab and the Suez Canal, this path has been in place since the fifties of the last century, but it was stopped because of the poor political relations between Syria and Iraq. We are now trying to address the mistakes and problems that have occurred over the past half century.”  https://www.economy-news.net/content.php?id=74251

Parliamentary Finance: The Salaries Of Employees Are Secured And The Budget Deficit Of 2027 May Reach 65 Trillion Dinars

Money and business   Economy News — Baghdad  A member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, said that the committee has prepared its plans and preparations to discuss the draft general budget, pointing out that "the budget for 2027 is expected to reach the House of Representatives on October 15."

Al-Dulaimi said in a statement to the official newspaper, that "the Finance Committee will have a large role in the study of the budget and the organization of its items and discuss them to reach a vote on them within the House of Representatives," noting that "the expected deficit in the budget may reach about 65 trillion dinars."

‎She explained that "the committee will discuss within the treatments of the deficit the file of the exchange rate and the procedures that will be proposed by the Ministry of Finance," stressing that "there are treatments with the ministry will be seen by the Finance Committee after the arrival of the draft budget to the House of Representatives."

‎With regard to public spending, Al-Dulaimi stressed that "the salaries of employees are secure," pointing out that "the volume of oil exports is increasing, reaching about 3 to 4 million barrels per day, in addition to the existence of reserves at the Central Bank can contribute to supporting financial stability."    https://www.economy-news.net/content.php?id=74250

The Shift Towards Electronic Collection Of Departments And Industrial And Commercial Sectors

Money and business  Economy News _ Baghdad  The Electricity and Energy Committee in the House of Representatives revealed the existence of a trend to convert 3 items to the entire electronic collection, and while the national electricity system suffers from the frequency of firefighting due to the lack of imported gas, a similar crisis was exacerbated by the owners of private generators for periods of up to six hours a day under the pretext of scarcity in the (Kaz).

A member of the Parliamentary Electricity Committee, Zahra Luqman Al-Saadi, said in an interview with the official newspaper "Economy News" that within the treatment of the file of "high loads", there is a government trend binding to convert subscribers from industrial and commercial classes and government departments to the entire electronic collection.

The deputy added that the committee is working to exercise the supervisory role on the distribution departments to ensure that all these items are provided with smart devices (POS) and smart meters, as the recovery of the amounts of these items represents the largest resource of the ministry.

In the midst of that, “morning” followed the complaints of citizens in Baghdad and the provinces, which confirmed the repeated extinguishing of the national system, and the same act is practiced daily by some owners of private and government generators alike, for periods of (4-6) hours a day under the pretext of the existence of scarcity of ketosis, while others appealed to impose strict control and inspection of the owners of generators to coincide with the deliberate extinguishing by them with an unprecedented lifting of the price of one amp from 15 thousand dinars to 22 thousand, citing the same argument.

Despite the ongoing interruptions and the apparent discontent among citizens, the Ministry of Electricity has maintained a media silence on the energy crisis, which has renewed with the approach of the winter season. In this context, Al-Sabah newspaper communicated by phone with the ministry, but the official spokesman chose not to respond or media cooperation, ignoring that this file is the biggest concern and permanent inspiration for citizens around the clock.   https://www.economy-news.net/content.php?id=74248

Parliamentary Economy Discusses The Amendment Of The Industrial Cities Law

Money and business   Economy News - Baghdad The Parliamentary Committee on Economy, Industry and Trade discussed on Tuesday the draft law to amend the Industrial Cities Law, in preparation for the completion of its final version and put it to a vote in the coming period.

A statement by the Information Department of the House of Representatives said that the committee held a meeting under the chairmanship of the President of the age, MP Omar Mohammed Mohammed Karim, in the presence of its members, in addition to the representative of the Union of Industrialists, the President of the Industrial Cities and Free Zones Authority and a number of legal representatives and the beneficiary sectoral bodies.

The statement added that the meeting witnessed hearing the views and suggestions of the members of the committee and representatives of the concerned authorities on the amendment articles, thus contributing to reaching a final legal formula that takes into account the requirements of the industrial sector and the development of the environment of industrial cities.

He pointed out that the committee is working to complete the discussion of observations and proposals in preparation for the submission of the draft law in its final form and vote on it in the coming period    https://www.economy-news.net/content.php?id=74217

Responsible Source: Handling Companies Apologize For Serving Iranian Aircraft For Fear Of Sanctions

Money and business   Economy News - Baghdad    An official source confirmed on Wednesday that the Ministry of Transport and the Civil Aviation Authority do not bear the responsibility of not receiving Iranian aircraft, while noting that the handling companies and ground services apologized for providing their services to Iranian airlines for fear of sanctions.

The source said that "the Ministry of Transport does not bear the responsibility of not receiving Iranian aircraft, as well as the Civil Aviation Authority of the Council of Ministers, which is responsible for granting approvals in accordance with the principle of reciprocity with the Iranian side in the files of travel and aviation and in accordance with the laws governing aviation internationally."

He added that "the issue is related to handling companies and ground services, which are private non-governmental companies contracted with Iranian airlines to provide after-landing and pre-take-off services, including loading and landing bags and organizing the procedures for the departure of passengers to aircraft and other services," noting that "these companies are the ones who apologized to Iranian airlines for providing their services for fear of being subject to sanctions."

He added that "Iraqi airports provide a spatial environment for private companies that provide their services for wages and do not interfere in the nature of the contract of these companies with airlines in any detail."    https://www.economy-news.net/content.php?id=74271

Iraq Calls From Doha For Effective Arab Cooperation To Recover Funds And Combat Corruption

Money and business    Economy News – Baghdad   Iraq participated on Wednesday in the sixth session of the Conference of the States Parties to the Arab Convention against Corruption, which was launched in the Qatari capital Doha, while the head of the Federal Integrity Commission, Mohammed Ali Al-Lami, called for strengthening Arab cooperation in the field of recovering funds and assets and confronting cross-border corruption.

The Federal Integrity Commission said in a statement that "the work of the sixth session of the Conference of the States Parties to the Arab Convention against Corruption was launched in Doha, with the participation of the delegation of the Republic of Iraq headed by the Chairman of the Commission, Mohammed Ali Al-Lami, to confirm Iraq's commitment to implement the agreement, which it acceded to in 2012."

She added that "the head of the Qatar Administrative Control and Transparency Authority, Hamad bin Nasser Al-Misnad, opened the conference, which witnessed the State of Qatar assuming the presidency of the sixth session of the Arab Convention against Corruption from the State of Palestine."

Al-Lami stressed that "corruption is a cross-border international scourge, and confronting it requires concerted efforts and cooperation between countries, such as international cooperation in combating terrorism, epidemics and diseases."

He pointed out that "Iraq continues to implement its national plans in the field of combating corruption, and is moving towards the adoption of the national strategy for integrity and combating corruption until 2030, in order to enhance transparency and the application of governance systems and digital transformation."

He explained that "Iraq's efforts are not limited to the financial, investigative and deterrent aspects, but include taking into account the principles of human rights and launching programs targeting various segments of society, especially young people, to promote a culture of integrity and combat corruption."

He pointed to the issuance of a regulation of the functional conduct of the elections, with the aim of preventing the exploitation of state resources, as well as the launch of honorable charters for integrity with the participation of social actors and opinion leaders.

In the file of the recovery of funds and assets, Al-Lami stressed that "this file occupies an important area of Iraqi national efforts," calling on the countries parties to the agreement to "active cooperation to overcome the difficulties that hinder the speedy implementation of requests for the recovery of funds and assets."

He stressed that "Iraq is determined to continue to fight corruption based on independence, community partnership and Arab and international cooperation."

The Conference witnessed the election of officers and the adoption of the agenda, as well as the discussion of a series of resolutions submitted by the Secretariat-General of the League of Arab States and proposals made by States parties to the Convention.

The Federal Integrity Commission is the official representative of Iraq in the Arab and United Nations Conventions against Corruption and follows up on their obligations, foremost among which is cooperation, exchange of assistance and experiences, and participation in relevant conferences and forums.  https://www.economy-news.net/content.php?id=74259

Foreign Minister Discusses With His Iranian Counterpart The Reopening Of The Strait Of Hormuz

Money and business   Economy News – Baghdad  Foreign Minister Fuad Hossein on Wednesday discussed with his Iranian counterpart Abbas Araqchi the reopening of the Strait of Hormuz.

"I met in New York with the Foreign Minister of the Islamic Republic of Iran, Abbas Araqchi, and we discussed bilateral relations and developments in the region, the ongoing indirect contacts between Tehran and Washington, and efforts to de-escalate and reopen the Strait of Hormuz to navigation," Hussein said in a blog post on the X platform.

Hussein stressed that "dialogue and diplomacy remain the most effective path to contain tension and prevent its expansion, and that the security of the region and freedom of navigation require regional cooperation and responsible dialogue between the parties concerned."

He pointed out that "the meeting discussed the fight against terrorism across borders and the strengthening of economic cooperation, and we agreed to continue consultation to support regional security and stability   https://www.economy-news.net/content.php?id=74256

Al-Sharaa: There Is A Project To Link Iraq's Oil Fields To Syrian Ports And Secure Safe Passage For Its Products

Money and business   Economy News — Baghdad   Syrian President Ahmed al-Sharaa revealed that there is a project to link Iraq's oil fields to Syrian ports and secure a safe passage for its products.

Al-Sharaa said after his meeting with Al-Zaydi and in an open dialogue within the activities of the Atlantic Council: "We have a long border with Iraq, and we seek to establish economic ties between Iraq and Syria, because this will improve relations in the common interest of the two countries."

“We are also trying to secure a safe passage for Iraqi products, especially oil products, through Syria.”

He pointed out that "there is a project to link the oil fields in Iraq with the Syrian seaports, as an alternative through Bab al-Mandab and the Suez Canal, this path has been in place since the fifties of the last century, but it was stopped because of the poor political relations between Syria and Iraq. We are now trying to address the mistakes and problems that have occurred over the past half century.”  https://www.economy-news.net/content.php?id=74251

3 Savings Moves To Make Post-Fed Rate Hike

3 Savings Moves To Make Post-Fed Rate Hike

By Matt Richardson  September 17, 2026 CBS News MoneyWatch: Managing Your Money

With interest rates rising again, savers will want to take certain steps now to take advantage.

Savers on Thursday woke up to a new financial climate marked by the first interest rate hike from the Federal Reserve in more than three years. Now at a range between 3.75% and 4.00%, a new, higher federal funds rate is expected to lead to even higher rates for savers than they've already been accustomed to in recent years. And while that change will look different based on the account type and the bank in question, savers are undoubtedly now entering a more profitable period, especially if the Fed proceeds with another interest rate hike when it meets again in October.

Taking advantage of new, better interest-earning opportunities will take a bit of a strategic approach from savers, however. While there are always costly mistakes worth avoiding, making the right, proactive moves now could be the difference between earning a standard rate on your money or one that's exponentially higher. And these moves should happen relatively quickly, both to boost your savings as much as possible and to cut losses you may already be enduring with other account types. Below, we'll break down three specific savings moves to make now, post-Fed rate hike.

To position yourself for savings success as quickly as possible, consider making these three moves right now:

Move the money you need to maintain access to into a high-yield savings account

Traditional savings accounts should have been closed already, but if you haven't yet done so, consider acting now. With an average interest rate of just 0.38% currently, you're essentially losing money by not shifting your funds into an alternative account type. Move the money you need to maintain access to, then, into a high-yield savings account instead. These accounts operate the same way a traditional account does, albeit with significantly more interest earnings to be had. 

And you won't have to worry about making withdrawals, deposits or paying any fees the way you would with a certificate of deposit (CD) account with a fixed rate. With a variable rate structure, too, they're well-positioned to take advantage of a rising interest rate environment if the Fed continues to hike rates. Consider shopping around for high-yield savings accounts online, then, and move the money you need to keep flexible into the most profitable option you can find right away.

Use CDs, but in a more cautious way than usual

Technically, CDs have slightly higher rates than high-yield savings accounts do. And they're fixed, adding a layer of protection that the variable-rate high-yield account can't offer. Because your money will be locked in the account at that fixed rate level, however, your interest-earning potential will be limited. 

This doesn't mean that CD accounts aren't still worth opening (they are), but it does mean that savers should use them in a more cautious way than usual, especially compared to the climate in which interest rates were consistently declining in 2024 and 2025. So open a CD account, but don't deposit more than you can afford to part with, and don't lock it into a term that you can't easily see through to the maturity date.

Explore alternative accounts that can help you take advantage of a higher rate climate

CDs and high-yield savings accounts may be ubiquitous, but they're not the only accounts that will help you take advantage of a higher interest rate climate. A money market account functions as a savings account that you can write checks from and, right now, interest rates on the account are averaging only slightly below those tied to high-yield savings accounts. 

So, if you want to earn a high rate while streamlining your banking needs, this could be the right account for you now. High-yield checking accounts, meanwhile, should also be considered as they can allow you to earn a competitive rate on the money you already have sitting idle waiting for the next bill to be paid. Earning some extra interest there, too, won't hurt.

The bottom line

A rising interest rate environment isn't great news for borrowers, but it does have a silver lining for savers who position themselves appropriately now. By moving the money you need access to into a high-yield savings account, closing the traditional account (if you still have one), using CDs in a more cautious way, and exploring alternative account types that you may not have thought about previously, you can do just that. Consider the use, too, of online marketplaces that list all of the relevant account information you'll need in one spot and don't discount the benefits of speaking with banks directly as they can often outline accounts and approaches that may align with your unique financial circumstances.

Edited by Angelica Leicht

TO READ MORE:  https://www.cbsnews.com/news/savings-moves-to-make-post-september-2026-fed-rate-hike/

Andy Schectman: Central Banks Are Preparing for What Comes Next

Andy Schectman: Central Banks Are Preparing for What Comes Next

Liberty and Finance:  9-22-2026

Andy Schectman warns that rising interest rates may no longer be hurting gold the way conventional market wisdom suggests, as central banks continue accumulating physical metal and Comex deliveries remain strong.

He says the growing pressure on U.S. Treasuries, rising diesel and oil costs, and limited options for central banks could create a dangerous environment of inflation and financial volatility.

Schectman also argues that BRICS nations are quietly building interoperable payment and monetary infrastructure while increasing gold accumulation and reducing reliance on Treasuries.

He warns that the bond market could face severe consequences if Treasury yields move substantially above 5%, with ripple effects across Wall Street, real estate, banks, insurers and pensions.

 Meanwhile, he says physical gold and silver remain attractive relative to other assets, with premiums beginning to rise again as global demand continues.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Rate increases

11:00 BRICS & gold

19:00 Bond market crisis

24:00 Bullion supply chain

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

Ariel: The Great Revaluation, the Trifecta that Ends Bretton Woods Forever

Ariel: The Great Revaluation, the Trifecta that Ends Bretton Woods Forever

9-23-2026

The Great Revaluation — $600 Silver, $10K Gold, and the Iraq-XRP-XLM Trifecta That Ends Bretton Woods Forever

The $600/$10K Anchor Is Not a Guess — It’s a Solvency

That “$600 silver / $10,000 gold” figure didn’t come from some Telegram hype channel. It came from the balance-sheet math that Treasury can’t say out loud yet. Here’s what nobody on the internet are talking about.

The U.S. holds 261.5 million troy ounces of gold on the books at $42.22 per ounce a laughable $11 billion valuation that hasn’t been updated since Nixon torched Bretton Woods I in 1971.

At $10,000 per ounce, that same vault becomes $2.615 trillion in hard collateral overnight, and silver at $600 turns the strategic stockpile into an additional $300+ billion without a single new mining permit.

 That’s not a “revaluation.” That’s an emergency solvency injection that re-underwrites the Treasury dollar without printing a single new Federal Reserve note, and it happens the moment the bridge currency framework XRP and XLM is operational enough to absorb the shock without collapsing the legacy bond market.

The SEC’s September 17 Innovation Exemption was the legal signal flare. Ondo and DTCC going live in October is the plumbing. And that $600/$10K number is the pressure reading in the pipe before the valve opens.

The IMF Leaving Bretton Woods Is Not Reform — It’s a Surrender Document Signed in Blockchain Ink

The IMF “announcing they are leaving Bretton Woods for the new digital age” is the most polite way to describe an institutional capitulation that’s been 80 years in the making. Bretton Woods wasn’t just a monetary system. It was a control architecture IMF conditionality, World Bank structural adjustment, dollar hegemony enforced through SWIFT exclusion and Treasury sanctions that let a handful of Western institutions dictate the economic sovereignty of 190 countries.

The IMF walking away from that framework in September 2026, the same month the SEC issued its Innovation Exemption and Iraq declared financial sovereignty, is not a coincidence. It’s a sequenced retreat.

Here’s what they didn’t announce in the press release. The IMF’s new “digital age” framework means member states can now settle cross-border obligations using tokenized assets on public blockchain infrastructure specifically, the XRP Ledger and Stellar Network without routing through the correspondent banking system that the IMF itself used to enforce compliance.

Iraq’s 2027 budget, priced in a revalued dinar, settles against tokenized oil contracts on the same rails. The IMF isn’t “leaving” Bretton Woods. They’re evacuating before the legacy architecture collapses under the weight of a gold-backed, blockchain-settled parallel system they can no longer gatekeep.

The Iraq Revaluation Is Not a Standalone Event — It’s the Trigger for the Commodity-Backed Currency Cascade

Iraq’s IQD revaluation driven by the September 30 sovereignty declaration and the October 15 budget rate announcement is not just about Iraq. Iraq sits on the fifth-largest proven oil reserves on Earth, 145 billion barrels, plus natural gas reserves that are still underexplored because the Deepstate’s “program rate” kept the economy too dysfunctional to develop them.

When the dinar revalues to something approaching its resource-backed reality and when the dIQD is instantly convertible through XRP/XLM to tokenized gold, silver, and U.S. Treasuries Iraq becomes the proof of concept for every other resource-rich nation that’s been trapped in IMF-imposed currency suppression.

Venezuela’s bolivar, Nigeria’s naira, Indonesia’s rupiah every petro-state that’s been told for decades that their currency is “worthless” despite sitting on trillion-dollar resource bases gets a template.

The $600 silver and $10K gold revaluation isn’t just for the U.S. Treasury. It’s the anchor that gives every commodity-backed revaluation a reference price.

Iraq goes first because the CBI’s digital framework is the most advanced, but the cascade is already priced into the Ondo-DTCC tokenization timeline. October isn’t just a month. It’s a detonation sequence.

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https://www.patreon.com/Prolotario1/posts/great-added-to-x-170301049

https://dinarchronicles.com/2026/09/22/prolotario-the-great-revaluation-the-trifecta-that-ends-bretton-woods-forever/