News, Rumors and Opinions Wednesday 9-30-2026
Ariel: The Wizard of Oz as a Monetary Allegory
9-30-2029
The Wizard of Oz As Monetary Allegory: For Those Pressed For Time
The Emerald City reading isn’t random. Since economist Hugh Rockoff’s 1990 paper “The ‘Wizard of Oz’ as a Monetary Allegory,” scholars have mapped L. Frank Baum’s 1900 book onto the 1890s Populist movement the fight over gold vs. silver coinage.
The Emerald City itself = paper greenbacks.
Ariel: The Wizard of Oz as a Monetary Allegory
9-30-2029
The Wizard of Oz As Monetary Allegory: For Those Pressed For Time
The Emerald City reading isn’t random. Since economist Hugh Rockoff’s 1990 paper “The ‘Wizard of Oz’ as a Monetary Allegory,” scholars have mapped L. Frank Baum’s 1900 book onto the 1890s Populist movement the fight over gold vs. silver coinage.
The Emerald City itself = paper greenbacks. Everyone entering the city must wear green-tinted glasses locked on by the gatekeeper so everything appears green/gold. The “wealth” is an optical illusion enforced by the gatekeeper. Remove the glasses and the city isn’t emerald at all. It’s an ordinary town.
That last part is the deepest cut: the citizens can’t see straight because the state mandates the lens. The green glasses are the monetary system itself debt-based currency that everyone is forced to perceive as wealth.
Note: Applied to money, the claim is that the U.S. Treasury has always had the Constitutional power (Article I, Section 8) to issue debt-free currency directly as Lincoln did with Greenbacks in 1861–62, and as the Treasury briefly did with U.S. Notes before the Federal Reserve Act of 1913 routed issuance through a private banking cartel that charges the public interest on its own money.
Think About It
• The Wizard’s curtain = the Fed’s money-creation process, where the Treasury “borrows” what it could issue outright.
• Dorothy going home = returning to direct Treasury issuance debt-free, interest-free money.
• “Yes, I found it” = the assertion that the mechanism still exists on the books, dormant, ready to be reactivated.
Get it now?
The greenback precedent is genuine. Lincoln issued ~$450 million in U.S. Notes without Fed or bank intermediation to fund the Civil War. Kennedy’s 1963 Executive Order 11110 authorized Series 1963 U.S.
Notes a small run of Treasury-issued, debt-free currency and conspiracy circles have tied that to everything from the “secret society” speech to his assassination ever since.
US Debt Clock.org usdebtclock.org
Courtesy of Dinar Guru: https://www.dinarguru.com/
Terrance Question: "Do you think the CBI and the government of Iraq needs the approval from the US Treasury before they move forward because the Treasury is so involved with the Iraqi banking system and the CBI?" Terrance: I would lean to believe the United States Treasury is overseeing it. Donald Trump made an announcement of who he did not want to be the prime minister and I'm sure they had a lot of influence in Al-Zaidi becoming Prime Minister. He's a banker. He's someone who understands business. He's a lot like Donald Trump.
Man Preparation for new notes and preparation for a coordinated rate step can run at the same time. One does not cancel the other...What do we watch for next? Watch for the sovereignty days for any central bank or finance language...Watch whether the interior and defense get names because the exit protocol needs those signatures... Watch the oil number that goes into the 2027 draft budget. Watch the dollar crate [from the US Treasury] land...
Walkingstick [Iraqi bank friend Aki update] Aki's bank owner boss says to his employees...there came a time when Iraqis held on to their dinars. Those people are going to profit very soon. Your employees, Aki, who have bought dinars from our banks are going to profit. (He didn't say anything about Americans)...Last week I was in Washington DC with the CBI, IMF World Bank and the United States Treasury. These 4 know our note count that is outside of our borders and more importantly the numerical value of our three zero notes here in the United States and worldwide...They also approved our monetary reform steps...The banking system of Iraq is going to be a mirror image of the banking system of the United States of America. Also while I was in Washington DC they reviewed the exchange procedure... There will be hundreds of places for you to exchange your dinar. It's our job to train the Iraqi citizens and prepare them in this area...Aki is teaching how to use [exchange] ATM machines.
*************
The Final Steps Before The Dinar Revalues
The Dinar Den: 9-29-2026
Reset Intelligence: Pensions for Weapons.
Emailed to Recaps~ Thank you David
Reset Intelligence: Pensions for Weapons.
By Reset Intelligence | @EXIT_FIAT
On Tuesday, the day before the coalition's mission in Iraq closed, the cabinet voted through the PMF Service and Retirement Law and sent it to parliament: ranks, salaries and pensions inside the state for the fighters who bring their weapons in.
The blocs handed al-Zaidi the authority to fill the 9 empty cabinet chairs as one package after Sovereignty Day. Kataib Hezbollah answered with a threat to police Iraqi airspace and bring the government down.
Emailed to Recaps~ Thank you David
Reset Intelligence: Pensions for Weapons.
By Reset Intelligence | @EXIT_FIAT
On Tuesday, the day before the coalition's mission in Iraq closed, the cabinet voted through the PMF Service and Retirement Law and sent it to parliament: ranks, salaries and pensions inside the state for the fighters who bring their weapons in.
The blocs handed al-Zaidi the authority to fill the 9 empty cabinet chairs as one package after Sovereignty Day. Kataib Hezbollah answered with a threat to police Iraqi airspace and bring the government down.
The law
Per the Prime Minister's office, the Council of Ministers "voted in favor of the Popular Mobilization Forces bill" and "approved referring the bill to parliament for a vote, in accordance with constitutional provisions." The package includes the PMF Service and Retirement Law, built to organize the Popular Mobilization Commission the way the state organizes its other security agencies: a structure, a ladder of ranks, pensions, and compensation for the families of fighters killed in service. The bill was first sent to parliament in early 2025 and shelved. It came back in August without the provisions Washington had objected to, and regional press reports Washington still opposes it.
Everything else that moved
The cabinet - per Iraqi press citing political sources, most blocs have authorized al-Zaidi to pick the remaining ministers himself, Interior and Defense included, as a single package. Completion is expected after the Sovereignty Day ceremonies, with a televised address by the Prime Minister. No date has been printed.
The holdout - Kataib Hezbollah says it will monitor Iraqi airspace from October 1, "warn at first, and then shoot them down," and bring the government down "by all means" if the ban on Iranian flights continues.
The air force - the same day, Air Force commander Lieutenant General Khalid al-Tamimi said every mission inside Iraq is flown "with complete independence from the International Coalition," which has flown none in Iraq this year, and that Baghdad is in advanced talks with Paris for 14 Rafale fighters.
The exit - the coalition formed in 2014 ends its Iraq mission today. Italy completed its withdrawal after 12 years on Tuesday. No statement from the Pentagon, Central Command or the White House has marked the day.
The street - $100 closed Tuesday near 157,500 dinars in Baghdad, up from 156,500 on Monday and 155,250 on Sunday, against the official 131,000. The cash shipment promised on Saturday had not arrived by Tuesday night.
The budget - the 2027 draft is still with the Council of Ministers, which voted the PMF law this week and not the budget. Parliament's date is October 15. From tomorrow, importers pay customs duties before their dollars leave the bank.
Tehran - the rial hit a record 2.54 million to the dollar on Tuesday. Trump denied offering sanctions relief: "I offered them NOTHING." Bessent said Iran will have nothing left to trade within 2 weeks, and Tether confirmed over $550 million in Iran-linked stablecoins frozen this year, including wallets the Treasury tied to the Central Bank of Iran.
The trade
For 2 years the case for a militia's weapons ran on a foreign presence to point at and a payroll from Tehran underneath. The presence is gone as of today. Iran's own central bank governor has said the oil money is dry. What the cabinet put on the table on Tuesday is a state payroll instead, with the price al-Zaidi named at the United Nations: the state decides war and peace, and weapons stay in constitutional hands.
That is the short version. How that trade works, the one time in modern history a state ran it and what it moved, and the one gate that still belongs to the Central Bank of Iraq - that is the daily read.
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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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Seeds of Wisdom RV and Economics Updates Wednesday Morning 9-30-26
Good Morning Dinar Recaps,
GLOBAL BOND RESET WATCH: GLOBAL BONDS FACE WORST MONTH IN YEARS AS GOVERNMENT DEBT AND YIELDS SURGE
Global bond markets are ending September under pressure as rising government borrowing, persistent inflation and higher energy costs push long-term yields to multi-year highs.
Good Morning Dinar Recaps,
GLOBAL BOND RESET WATCH: GLOBAL BONDS FACE WORST MONTH IN YEARS AS GOVERNMENT DEBT AND YIELDS SURGE
Global bond markets are ending September under pressure as rising government borrowing, persistent inflation and higher energy costs push long-term yields to multi-year highs.
OVERVIEW
Global bonds are on track for their worst monthly performance in years, pressured by deteriorating government finances, increased debt issuance and persistent inflation.
The U.S. 10-year Treasury yield remains near its highest level since June 2007, while German, French and Japanese government bond yields have also reached multi-year or multi-decade highs.
Higher U.S. yields have helped lift the dollar roughly 2% for September, demonstrating how changes in bond markets can quickly affect currencies and global capital flows.
KEY DEVELOPMENTS
1. Global Bond Markets Face A Difficult September
Global bonds have come under sustained pressure as investors reassess the cost of financing government debt.
Reuters reports that global bonds are headed toward their worst month in years, with deteriorating government finances, a heavy supply of new debt and persistent inflation all contributing to the selloff.
The U.S. 10-year Treasury yield was around 5.21% on September 30, while the yield was still on track for a monthly increase of more than 45 basis points. Bond yields move inversely to prices, meaning higher yields correspond with lower bond prices.
The move matters because government bonds are a foundation for pricing many other forms of borrowing.
2. U.S. Treasury Yields Remain At Historically Important Levels
The U.S. Treasury market remains at the center of the global repricing.
The 10-year yield is near its highest level since June 2007, while the 30-year Treasury yield recently reached approximately 5.61%, its highest level since 2002.
Long-term Treasury yields influence the cost of mortgages, corporate borrowing and other financial assets.
As investors demand higher returns to hold longer-term government debt, the cost of capital throughout the economy can rise.
3. Europe And Japan Are Experiencing Similar Pressure
The bond-market pressure is not limited to the United States.
Reuters reports that 10-year German and French government bond yields reached 17-year and 18-year highs, respectively, during the week.
Japan's 10-year government bond yield has also remained near multi-decade highs.
The simultaneous movement across several major bond markets is important because global investors compare yields, currencies and risk across countries when deciding where to allocate capital.
WHY IT MATTERS
Government bonds have traditionally served as one of the primary foundations of the international financial system.
When yields rise significantly, the change can spread through mortgages, corporate debt, government refinancing, equity valuations and currency markets.
The current environment is especially significant because governments around the world are issuing substantial amounts of debt while investors are demanding higher compensation for holding longer-term bonds.
That creates a difficult balancing act: governments need financing, but higher borrowing costs can increase the amount governments must spend servicing existing debt.
WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS
For foreign currency holders, the bond-market story matters because interest rates and government bond yields influence where international capital flows.
The U.S. dollar has gained roughly 2% during September, helped in part by higher U.S. Treasury yields.
At the same time, the euro and British pound have declined during the month, while the yen has been influenced by concerns about possible currency intervention.
These movements demonstrate an important connection:
Bond yields → capital flows → currency demand → exchange rates.
This does not mean that higher bond yields automatically produce a currency revaluation or a global financial reset. Instead, they show how changes in the underlying debt markets can influence the relative value of currencies and the movement of international capital.
IMPLICATIONS FOR THE GLOBAL RESET
Pillar 1: Debt
The central issue is the rising cost of financing government debt.
As yields increase, governments refinancing existing obligations or issuing new debt may face higher interest expenses. The longer elevated yields persist, the more important debt-management strategies become.
Pillar 2: Assets
Government bonds influence the valuation of many other assets because their yields serve as reference points for the broader cost of capital.
Higher risk-free yields can change how investors evaluate stocks, corporate bonds, real estate and other long-duration assets.
Pillar 3: Currencies
Currency markets are closely connected to interest-rate differentials.
When U.S. yields rise relative to other major economies, international investors may find dollar-denominated assets more attractive, increasing demand for the dollar and potentially putting pressure on other currencies.
Pillar 4: Trade
Higher borrowing costs can affect businesses that finance inventories, equipment, transportation and international expansion.
If elevated interest rates persist, the cost of financing global trade can become another factor influencing international commerce and investment.
WHAT TO WATCH NEXT
The next major indicators will include inflation data, employment reports, central-bank decisions, government borrowing requirements and energy prices.
Markets will also be watching whether long-term Treasury yields remain around the 5% range or move materially higher or lower.
The direction of energy prices is particularly important because sustained increases in oil prices can reinforce inflation pressures and complicate central-bank decisions.
THE BOTTOM LINE
The September bond-market selloff is about more than falling bond prices. It reflects a broader repricing of government debt, inflation, interest rates and the cost of capital across major economies.
For the global financial system, the important question is how governments, investors and central banks adapt if higher long-term borrowing costs become a more permanent feature of international finance.
The bigger story is not simply where bond yields go next—it is how the repricing of global debt is forcing governments, investors and markets to rethink the architecture through which money and capital move, becoming another step in the evolution of the global financial system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
SOURCES
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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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Iraq Economic News and Points To Ponder Late Tuesday Evening 9-29-26
The Iraq Stock Exchange Officially Joins The "Tabadul" Platform 9 29 2026
The Abu Dhabi Securities Exchange announced the official start of trading for the Iraq Stock
Exchange via the “Tabadul” platform, making it the eighth market to join the platform.
The move allows investors in Iraq to trade securities listed on the Abu Dhabi market directly, thus enhancing trading and investment opportunities between the two markets.
The Iraq Stock Exchange Officially Joins The "Tabadul" Platform 9 29 2026
The Abu Dhabi Securities Exchange announced the official start of trading for the Iraq Stock
Exchange via the “Tabadul” platform, making it the eighth market to join the platform.
The move allows investors in Iraq to trade securities listed on the Abu Dhabi market directly, thus enhancing trading and investment opportunities between the two markets.
The “Tabadul” platform provides the ability to trade between participating markets and settle
transactions in local currencies, without the need for dual listing or custodian services.
With the addition of the Iraqi market, the platform now includes markets with a total market value exceeding one trillion dollars, and includes approximately 700 listed companies and more than 11 million registered investors.
https://www.economy-news.net/content.php?id=74498
Iraqi Government Votes On PMF Law - 9/29/2026
2026-09-29 / Shafaq News- Baghdad Iraq’s Council of Ministers voted Tuesday during its 21st regular session to approve a draft law governing the Popular Mobilization Forces (PMF), referring it to parliament for a vote in accordance with the Constitution.
Earlier, Informed sources told Shafaq News that the two amended drafts on the structure of the PMF Commission and its service and retirement system are nearing referral to Iraq’s parliament after several contentious provisions, including those facing what the sources described as a “US veto,” were removed. The sources said some provisions of the two PMF bills still face US objections. The final versions will therefore be referred to parliament to begin the formal legislative process.
Read more:Iraq's PMF Service and Retirement Law: Is political exploitation inevitable?
Regarding the anti-corruption campaign and recovering illicitly obtained funds, the Council also voted to form a committee to coordinate with the Jordanian side on establishing a joint team tasked with developing a shared framework for recovering Iraqi funds held in Jordan and settling outstanding debts under the terms of the Paris Club agreement, while safeguarding Iraq’s legal rights. https://www.shafaq.com/en/Iraq/Iraq-government-votes-on-Popular-Mobilization-Forces-law
The Government Votes On The Draft Law On Mobilization And Refers It To Parliament For A Vote
Baghdad - One News - 9/29/2026 The Cabinet, headed by Ali al-Zidi, voted on the draft law for the Popular Mobilization Forces and referred it to the House of Representatives for a vote in accordance with the provisions of the Constitution, within what the government described as regulating the administrative framework of security institutions.
In the area of combating corruption, the Council decided to form a committee headed by the Ministry of Finance to coordinate with Jordan on recovering Iraqi funds and settling debts in accordance with the terms of the Paris Club.
He also abolished the special royal decree committee for following up on listing and sanctions files, and tasked the Ministry of Foreign Affairs with coordinating directly with the US Treasury Department to obtain information related to suspicious individuals and companies on a case-by-case basis.
The council also approved a ban on the export of copper, aluminum, lead, iron alloys and their waste, restricting their circulation within Iraq to support local industry.
https://1news-iq.net/الحكومة-تصوت-على-مشروع-قانون-الحشد-وتح/
Saif Raad: Abu Mujahid Al-Assaf's Statement Is Dragging Iraq Into Ruin, And Iraqis' Fears Of The Factions' Rhetoric Are Escalating
Baghdad - One News - 9/29/2026 Security and political analyst Saif Raad said there is a clear difference and discrepancy between the statements of Abu Mujahid al-Assaf and Abu Hussein al-Hamidawi, considering that the recent speech of the factions has raised concerns among Iraqis in conjunction with the withdrawal of American forces from the country.
Raad explained that Abu Mujahid al-Assaf’s statement and its threat to the government prompted Iraqis to worry about the nature of the next stage, noting that the incidents in al-Dora and al-Bu Aitha reveal one aspect of the reasons for these fears regarding the factions’ rhetoric.
Raad considered that Ali al-Zaidi’s threat, in his capacity as Prime Minister and Commander-in-Chief of the Armed Forces, represents a threat to the people, warning that Abu Mujahid al-Assaf’s statement may drag Iraq into “ruin,” as he put it.
He pointed out that the American talk about the dangers of “Balkanizing Iraq” is a clear indication of the magnitude of the challenges that the country may face in the next stage, especially with the continued presence of weapons outside the framework of the state.
On the economic front, Raad believes that one of the biggest challenges facing the government is that the dollar file remains in the hands of the Americans, considering that this makes Iraq vulnerable to broad economic pressures.
Raad warned of the possibility of Iraq being subjected to harsh economic sanctions and international isolation that would affect the internal situation, noting that the failure to restrict weapons to the state could, in his estimation, lead to the division of Iraq and a scenario of “Balkanization of Iraq.” https://1news-iq.net/سيف-رعد-بيان-أبو-مجاهد-العساف-يجر-العرا
The US Treasury Grants Iraqi Airways A Conditional License For Flights To Iran Via Najaf Airport.
Last updated: September 29, 2026 The Independent - The US Treasury Department, through the Office of Foreign Assets Control (OFAC), issued a special and limited-term license allowing Iraqi Airways to conduct transactions related to operating passenger flights between Iraq and Iran via Najaf International Airport, under a set of strict conditions and restrictions.
The authorization comes as Iraqi Airways has resumed flights between Najaf Airport and several Iranian airports, following a suspension of air traffic due to US restrictions and sanctions related to the Iranian aviation sector.
International reports on September 28, 2026, indicated that Washington was moving towards granting a limited waiver allowing flights for pilgrims between Iran and Najaf for approximately one month.
According to the license number IA-2026-1516078-1, Iraqi Airways and its associated service providers, as well as American persons acting on its behalf, are permitted to conduct the transactions necessary to operate the authorized flights.
The license clearly defined the scope of the flights, stipulating that the flights in question must depart from and return to Najaf International Airport, and that they must be limited to transporting Iranian passengers arriving for religious pilgrimage purposes.
This means that the American measure does not represent a comprehensive lifting of restrictions on dealings related to Iran, but rather a specific exception for a particular purpose and time frame.
The license will remain in effect until the completion of the transactions it covers or until October 28, 2026, whichever comes first, with the U.S. Office of Foreign Assets Control retaining the authority to amend or revoke the license at any time.
The license imposes restrictions on the nature of the people and goods that can be transported. According to its text, it prohibits the transfer of cash in bulk or shipments intended for Iranian intelligence agencies, military forces, or law enforcement agencies, as well as prohibiting the provision of transportation services to people and entities subject to US sanctions within the categories covered by the ban.
The license also limits the goods that can be transported to passengers' personal belongings, equipment, and items necessary for the security, safety, and operation of aircraft, while restrictions remain in place on the export or re-export of goods, technology, or software to Iran unless expressly covered by the U.S. authorization.
One of the most prominent clauses of the license is that its continuation is linked to the Iraqi side’s commitment to restrictions related to Iranian air traffic in Iraqi airspace.
It stipulates the possibility of amending or canceling it in the event of non-compliance with the conditions related to the entry or passage of Iranian flights through Iraqi airspace, except for the cases covered by the authorization.
Iraqi Airways had announced the resumption of flights between Najaf and Iranian airports on Monday, September 28, while reports indicated that restrictions remained in place on the Iranian airlines themselves, reflecting the specific nature of the US exemption granted to the Iraqi national carrier.
On the financial and security oversight side, the license obliges Iraqi Airways to keep records of the transactions covered by it for 10 years, as well as to submit a report to OFAC within ten working days of the license expiring.
The report is expected to include details of the number of passengers transported on authorized flights, their names and passport numbers, as well as the money spent by Iraqi Airways within Iran on fuel, maintenance, airport services and other expenses related to operating the flights.
These conditions indicate that Washington dealt with the issue of flights between Iraq and Iran as a temporary and monitored exception, allowing a portion of religious pilgrimage traffic to continue via the Iraqi carrier, without this implying the termination or suspension of the broader system of US sanctions and restrictions related to Iran and its aviation sector.
MilitiaMan & Crew: Is This The Sequence?
MilitiaMan & Crew: Is This The Sequence?
9-29-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
MilitiaMan & Crew: Is This The Sequence?
9-29-2026
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……..
FRANK26…9-29-26….SIT DOWN
KTFA
Tuesday Night Video
FRANK26…9-29-26….SIT DOWN
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Tuesday Night Video
FRANK26…9-29-26….SIT DOWN
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#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION
Iraq Economic News and Points To Ponder Tuesday Evening 9-29-26
MP: Fixing Contracts And Wages Is Mandatory For The Government Within The 2027 Budget
Information/Baghdad... MP Mahmoud Al-Shammari affirmed on Tuesday that the issue of regularizing the employment of contract and daily wage workers in various ministries and state institutions has become a legal and moral obligation incumbent upon the government. He stressed the financial necessity of including sufficient allocations to definitively resolve this entitlement within the 2027 general budget.
MP: Fixing Contracts And Wages Is Mandatory For The Government Within The 2027 Budget
Information/Baghdad... MP Mahmoud Al-Shammari affirmed on Tuesday that the issue of regularizing the employment of contract and daily wage workers in various ministries and state institutions has become a legal and moral obligation incumbent upon the government. He stressed the financial necessity of including sufficient allocations to definitively resolve this entitlement within the 2027 general budget.
Al-Shammari told the Information Agency, “Contract and daily wage workers have provided invaluable and continuous services for many years in running service and production departments and addressing the severe shortage of human resources.
Their continued suffering or the delay in settling their employment status is unacceptable.” He added, “Fairness and a stable livelihood for these employees represent a legislative priority that cannot be compromised within the Parliament.”
He added that "Parliament will exercise its oversight and legislative role to pressure the Ministry of Finance and the executive branch to include the necessary job positions (both newly created and eliminated) and the required financial coverage for their permanent employment in the 2027 budget without exception." He pointed out that "the country possesses ample resources to address this vital issue if there is a genuine will to end the policies of procrastination and favoritism."
He emphasized that "the House of Representatives will not pass the upcoming budget unless it includes clear and explicit provisions that resolve the entitlements related to contracts and salaries and grant them job security."
He warned the government against "ignoring the legitimate demands of this large segment of the population, given the negative repercussions this will have on the efficiency of government performance and social stability." End/25h
"The Brigades Threaten To Topple The Government" Security Official Abu Mujahid Al-Assaf Warns Al-Zaydi And His Allies: "A Government That Does Not Work For The Benefit Of The People Will Be Brought Down By Any Means Necessary"
Baghdad - One News - 9/28/2026 The security official of the brigades, Abu Mujahid al-Assaf, threatened to overthrow the government, directing a warning to Prime Minister Ali Faleh al-Zaidi and his allies, coinciding with an escalation of his position on the restrictions imposed on Iranian aviation and a threat to take steps if they continue after October 1st. A blatant threat...
Al-Assaf said in a statement that the government was formed from three allied parties, but he considered that the differences between them could lay the foundation for what he described as “strife and war between brothers in religion and homeland,” calling on its parties to learn from history.
The security official of the brigades addressed a message to al-Zaydi and those behind him, saying that “any government that does not work for the benefit of the people will be brought down by all means,” according to the text of the statement.
Regarding the Iran file, Al-Assaf announced that if what he described as the “air blockade” on the Islamic Republic continues after October 1st, the brigades will adopt a position that may lead to closing the ports of the countries participating in the blockade of Iran. A blatant threat that must be dealt with.
He also announced the monitoring of Iraqi airspace to ensure it was not violated by what he described as "hostile aircraft," threatening to shoot them down, and warning the Prime Minister's office against becoming, according to the statement, "a cashier for American violations" after October 1st. An IRI faction leader telling the GOI what to do...
Al-Assaf considered the withdrawal of coalition forces from Iraqi territory as the beginning of achieving full sovereignty over land, water, and airspace, and independence in political and economic decision-making. https://1news-iq.net/الكتائب-تلوّح-بإسقاط-الحكومة-المسؤ/
Kataib Hezbollah Warns To Topple PM Al-Zaidi's Government
2026-09-28 / Shafaq News- Baghdad A senior security official with Kataib Hezbollah, an Iran-aligned Iraqi armed faction, on Monday threatened to bring down Prime Minister Ali Al-Zaidi’s government if it failed to serve Iraqis and warned of escalation over restrictions on Iranian aviation.
“The government that does not work in the interests of the people will be brought down by all means,” Abu Mujahid Al-Asafi said in a statement.
Kataib Hezbollah has been designated by the United States as a Foreign Terrorist Organization since 2009. Washington says the group receives financial and military support from Iran and has carried out attacks against US, Iraqi and Coalition targets.
Read more: Iraq's disarmament deadline pits Baghdad against Iran-aligned factions
Al-Asafi also warned that if the “air blockade” on Iran continues beyond October 1, escalation could include moves to close border crossings with countries participating in the restrictions.
He said the “Islamic Resistance” would monitor Iraqi airspace for “hostile aircraft,” warning that they would first be cautioned and then shot down if they violated Iraqi airspace.
His remarks come as Baghdad faces US sanctions warnings over services provided to sanctioned Iranian airlines. Iranian airlines remain barred from operating through Iraqi airports, although Iraqi Airways resumed flights to Iran via Najaf on Monday as Baghdad continues seeking exemptions from US measures affecting Iranian carriers.
Al-Asafi also said Iraqis would celebrate September 30 as the “expulsion” of US and NATO forces.
September 30 is Baghdad’s deadline for ending the US-led Global Coalition’s military mission in Iraq, although separate US security arrangements are expected to continue.
Read more: Tension meets dialogue as Iraq approaches September 30 2
https://www.shafaq.com/en/Iraq/Kataib-Hezbollah-threatens-to-topple-Al-Zaidi-government
US Dollar Climbs In Baghdad, Erbil
2026-09-29 Shafaq News- Baghdad/ Erbil The US dollar closed Tuesday's trading higher in Iraq, hovering around 157,500 dinars per 100 dollars.
According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchange markets at 157,500 dinars per 100 dollars, up from the morning session's 157,000 dinars.
In the Iraqi capital, exchange shops sold the dollar at 158,000 dinars and bought it at 157,000 dinars, while in Erbil, selling prices stood at 157,550 dinars and buying prices at 157,500 dinars.
https://shafaq.com/en/Economy/US-dollar-climbs-in-Baghdad-Erbil-3
Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 9-29-26
Good Afternoon Dinar Recaps,
AI DEBT RESET WATCH: RISING BOND COSTS COLLIDE WITH MASSIVE AI INFRASTRUCTURE SPENDING
The global AI buildout is creating enormous demand for capital at the same time that rising government and corporate bond yields are making that capital increasingly expensive.
Good Afternoon Dinar Recaps,
AI DEBT RESET WATCH: RISING BOND COSTS COLLIDE WITH MASSIVE AI INFRASTRUCTURE SPENDING
The global AI buildout is creating enormous demand for capital at the same time that rising government and corporate bond yields are making that capital increasingly expensive.
OVERVIEW
AI infrastructure companies and major technology firms are turning increasingly to debt markets to finance data centers, computing capacity and other infrastructure.
Major technology companies known as hyperscalers have issued roughly $220 billion in bonds this year, with issuance potentially doubling next year as their infrastructure spending continues.
At the same time, the 30-year U.S. Treasury yield reached 5.61%, its highest level since June 2002, raising borrowing costs across global capital markets.
KEY DEVELOPMENTS
1. AI Infrastructure Is Becoming A Major Borrower
The rapid expansion of artificial intelligence requires enormous amounts of capital for data centers, advanced computing equipment, electricity infrastructure and technology networks.
Reuters reports that hyperscalers have already issued approximately $220 billion of bonds in 2026, with the possibility that borrowing could roughly double next year. The additional borrowing is occurring as investors demand higher yields from companies seeking large amounts of financing.
This creates an important connection between the technology boom and the global debt market: the cost of building the AI economy is increasingly being determined by the cost of capital.
2. Bond Yields Are Rising At The Same Time
The timing is significant.
The 30-year U.S. Treasury yield reached 5.6114% on September 29, its highest level since June 2002. The 10-year Treasury yield also moved above 5.28%. Treasury yields serve as important benchmarks for corporate borrowing, mortgages and other financial assets.
Higher Treasury yields can therefore raise the financing cost for companies building large infrastructure projects—even when those companies have strong access to capital markets.
3. Hyperscalers Are Competing For Global Capital
The Financial Times reports that major technology companies including Meta, Amazon, Alphabet, Microsoft and Oracle are increasingly turning to bond markets to finance AI expansion.
The scale of the borrowing is significant enough to affect where and when companies and governments can raise money. The Financial Times reported that AI-related financing by hyperscalers had reached roughly $500 billion during 2026, while noting that the resulting supply of corporate debt is putting pressure on investors and borrowing costs.
The issue is not simply whether investors have enough money. It is also how that money is allocated among governments, corporations, technology infrastructure and other investments.
WHY IT MATTERS
The AI investment cycle is increasingly becoming a financial-market story as well as a technology story.
When companies issue hundreds of billions of dollars in new debt, they compete for the same pools of global investment capital that finance governments, businesses and infrastructure projects.
At the same time, higher interest rates mean that financing a major data-center project or technology expansion can become substantially more expensive.
This creates a feedback loop:
AI infrastructure requires capital → companies issue debt → investors demand returns → borrowing costs rise → the cost of building AI infrastructure increases.
That does not mean the AI expansion will stop. It does mean that the financial structure supporting the AI economy is becoming an increasingly important part of the story.
WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS
For foreign currency holders watching the evolution of the global financial system, this development is important because capital is increasingly moving between technology, government debt, corporate bonds and currencies on a global scale.
When U.S. Treasury yields rise, global investors reassess the relative attractiveness of dollar-denominated assets.
At the same time, large technology companies are seeking financing across multiple markets and currencies. The Financial Times reports that hyperscalers are increasingly looking beyond the U.S. bond market for funding, expanding the geographic reach of the AI financing cycle.
This does not represent an immediate currency revaluation or guaranteed “reset.” Instead, it is another example of how the world's financial infrastructure is adapting to major changes in technology, capital requirements and global investment flows.
IMPLICATIONS FOR THE GLOBAL RESET
Pillar 1: Debt
The AI buildout is adding another major source of corporate borrowing to a global economy already dealing with elevated government debt and higher interest costs.
The larger the financing requirement becomes, the more important interest rates, bond-market liquidity and investor demand become to the future expansion of AI infrastructure.
Pillar 2: Technology
Artificial intelligence is no longer simply a software story.
The next phase requires physical infrastructure—data centers, semiconductor capacity, electricity generation, cooling systems, fiber networks and computing equipment. Financing that infrastructure is becoming a major component of the technology economy.
Pillar 3: Assets
As more capital flows into AI-related bonds, equities and infrastructure, the distinction between technology assets and traditional financial assets continues to narrow.
Investors are increasingly evaluating technology companies not only on innovation and revenue growth, but also on their ability to finance enormous long-term infrastructure commitments.
Pillar 4: Trade
The AI infrastructure buildout requires global supply chains involving semiconductors, energy, advanced manufacturing, equipment and critical infrastructure.
That means changes in trade policy, energy costs and access to international capital can directly affect the cost of expanding AI capacity.
WHAT TO WATCH NEXT
The next phase of the AI investment cycle will depend on several factors:
Whether Treasury yields remain elevated
How much additional debt hyperscalers issue
Whether investors continue absorbing record technology-related bond supply
The cost and availability of electricity for new data centers
Whether AI-generated productivity gains eventually justify the enormous infrastructure investment
The key question is increasingly becoming not whether AI will require massive investment, but how the global financial system will finance that investment while borrowing costs remain elevated.
THE BOTTOM LINE
The AI boom is moving beyond technology companies and into the heart of the global debt and capital markets.
Hundreds of billions of dollars in new financing are being raised while governments and corporations face a higher-cost borrowing environment, making the relationship between technology spending, bond markets and global capital flows increasingly important.
The bigger story is not simply how much the world will spend on AI—it is how financing that transformation is helping reshape the movement of global capital and, in turn, becoming part of the evolution of the global financial system.
Seeds of Wisdom Team
Newshounds News™ Exclusive
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Thank you Dinar Recaps
The Global Debt Crisis Has Begun (Why Gold Is Falling First)
The Global Debt Crisis Has Begun (Why Gold Is Falling First)
Taylor Kenny: 9-29-2026
The global debt crisis is accelerating as Treasury yields surge and governments face a massive debt rollover problem. So why is gold falling?
Taylor Kenney breaks down what rising yields are really signaling, why short-term gold weakness may be misleading, and what it means for the dollar, gold, silver, and your wealth.
The Global Debt Crisis Has Begun (Why Gold Is Falling First)
Taylor Kenny: 9-29-2026
The global debt crisis is accelerating as Treasury yields surge and governments face a massive debt rollover problem. So why is gold falling?
Taylor Kenney breaks down what rising yields are really signaling, why short-term gold weakness may be misleading, and what it means for the dollar, gold, silver, and your wealth.
CHAPTERS:
00:00 Why Is Gold Falling During a U.S. Debt Crisis?
02:21 Interest on the Debt Is Becoming a Massive Expense
05:14 This Is a Global Debt Crisis
06:38 The $365 Trillion Debt Rollover Problem
08:35 What Happens When Confidence in Government Debt Breaks?
10:31 How Governments Deal With Unsustainable Debt
12:58 Why Gold Is Falling Right Now
14:20 Why the Long-Term Gold Thesis Is Getting Stronger
16:44 Why Physical Gold and Silver Are Different
20:35 How to Prepare for What Comes Next
News, Rumors and Opinions Tuesday 9-29-2026
Ariel: The Mandate of Ashes, Iraq and the Fuse
9-28-2026
The Mandate Of Ashes: A Sovereign Detonation (Iraq & The Fuse)
Ladies & Gentlemen We Are On The Clock
Let’s Go Over These Line Items For The Month And Week Ahead
Ariel: The Mandate of Ashes, Iraq and the Fuse
9-28-2026
The Mandate Of Ashes: A Sovereign Detonation (Iraq & The Fuse)
Ladies & Gentlemen We Are On The Clock
Let’s Go Over These Line Items For The Month And Week Ahead
THE 2027 BUDGET — THE REAL WEAPON
– “Performance, revenue, and economic reform” — that’s not bureaucratic jargon. That’s the verbal formula for dismantling a patronage-based, kleptocratic budget system and replacing it with a results-based, auditable financial architecture.
– Advancing the 2027 budget “now”, in September 2026, before the old fiscal year even ends**, means the technocrats in the CBI and the Finance Ministry have been given a green light by the political class to overhaul the monetary plumbing. You don’t advance a budget with this language unless you’re about to change the value of the currency unit itself. The exchange rate is not a line item. It’s the substrate on which every line item depends.
– The CBI’s silence is the loudest thing in the room. No statements. No denials. No “we are studying.” Just… silence. In the intelligence business, silence at this stage means the decision is already made and they’re waiting for the political window. That window is “Sovereignty Days.”
The CBI is the fuse. The budget is the bomb. The sovereignty declaration is the signal. And the entire apparatus of regional control is standing on the detonation point, insisting nothing’s wrong.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/mandate-of-ashes-170841264
https://dinarchronicles.com/2026/09/28/prolotario-the-mandate-of-ashes-iraq-and-the-fuse/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Donald Trump is in charge of Iraq's monetary and economic reforms...What's important is Zaidi is back [in Iraq] and he came back with a treasure chest from Donald Trump. Whether or not they're going to be able to implement it, employ it...get it done, I honestly don't know because it is the Middle East.
Militia Man Sovereignty days are now on the official calendar...Official work stops Wednesday September 30 and stays dark through Saturday October 3rd...A 4-day shutdown...It's not a trigger but it does look clean...
Reset Intelligence For most of the past 23 years, the IQD has traded in a country with American soldiers on its soil. As of Sunday, Iraq's Foreign Minister says there are none left. 3 days before the deadline. Washington also agreed to resume the USD cash shipments it froze in April. What stands between the IQD and a new rate now is the weapons handover, the empty cabinet seats and the budget. All of it is Iraq's to finish.
93T Bond Fraud Will Crash Financial System: “We’re Dancing on a Razor Blade” - Mitch Vexler
Daniela Cambone: 9-28-2026
"We're dancing on a razor blade. One little slip, and this is game over." Mitch Vexler says the bond math is financial suicide and the contagion could go global in hours. Here's how you can better prepare.
Chapters:
00:00 — Intro: The Story That Starts at Your Kitchen Table
04:31 — The 37-Tab "Bond Lie Detector"
11:14 — Dynamic Contagion: $93T vs. $844T
14:29 — Texas School Bonds: $500M to $3B
17:14 — Inflation: The Hidden Tax
21:38 — Housing Market: The 6.4% Illusion
28:28 — IMF's Warning: "Winter Is Coming"
31:20 — Canada's Economy: Carney and the Blown Deal
37:05 — Mitch's Big Milestone
Iraq Economic News and Points To Ponder Tuesday Afternoon 9-29-26
Dhi Qar Gas Storage Project Begins Trial Operation
2026-09-29 Shafaq News- Dhi Qar A new liquefied petroleum gas (LPG) storage facility at the Nasiriyah gas depot in Iraq's southern Dhi Qar began trial operation on Tuesday, a move Deputy Oil Minister for Gas Affairs Ezzat Saber Ismail said would strengthen storage capacity and help stabilize supplies across the province.
Dhi Qar Gas Storage Project Begins Trial Operation
2026-09-29 Shafaq News- Dhi Qar A new liquefied petroleum gas (LPG) storage facility at the Nasiriyah gas depot in Iraq's southern Dhi Qar began trial operation on Tuesday, a move Deputy Oil Minister for Gas Affairs Ezzat Saber Ismail said would strengthen storage capacity and help stabilize supplies across the province.
Speaking at the launch, Ismail said the depot's two tanks have a combined storage capacity of 5,000 cubic meters. The South Gas Company supplies the site through a feeder pipeline at a rate of 300 to 400 tonnes a day, compared with Dhi Qar's daily demand of 250 to 350 tonnes.
The facility will also support state-run and private plants that fill household gas cylinders, which produce about 25,000 to 30,000 cylinders a day, equivalent to roughly 300 tonnes of gas. Ismail said the project would also help meet demand for cooking gas and automotive LPG. https://shafaq.com/en/Economy/Dhi-Qar-gas-storage-project-begins-trial-operation
South Korea Takes 3.8M Barrels Of Iraqi Crude In August
2026-09-29 Shafaq News- Baghdad/ Seoul Iraq, OPEC’s second-largest producer, ranked sixth among South Korea’s largest crude oil suppliers in August 2026, shipping 3.826 million barrels after recording no imports in July, official Korean data showed.
The August volume, however, was down 65.5% from 11.105 million barrels in the same month of 2025.
South Korea’s overall crude imports reached 91.335 million barrels in August, down 2.2% from 93.351 million a year earlier and 2% from 93.180 million in July.
Saudi Arabia topped the supplier list with 21.669 million barrels, followed by the United States with 17.926 million and the United Arab Emirates with 16.761 million. Kuwait ranked fourth with 7.580 million barrels and Oman fifth with 4 million.
Australia followed Iraq with 3.616 million barrels, ahead of Mexico at 2.982 million, Algeria at 2.480 million and Kazakhstan at 2.074 million. https://shafaq.com/en/Economy/South-Korea-takes-3-8M-barrels-of-Iraqi-crude-in-August
USD/IQD Climbs In Baghdad And Erbil Markets
2026-09-29 Shafaq News- Baghdad/ Erbil The US dollar opened higher in Iraq on Tuesday, trading around 157,000 dinars per $100.
According to a Shafaq News market survey, the dollar traded in Baghdad's Al-Kifah and Al-Harithiya exchanges at 157,000 dinars per 100 dollars, up from Monday's 156,000 dinars.
In the Iraqi capital, exchange shops sold the dollar at 157,500 dinars and bought it at 156,500 dinars, while in Erbil, selling prices stood at 157,400 dinars and buying prices at 157,350 dinars.
https://shafaq.com/en/Economy/USD-IQD-climbs-in-Baghdad-and-Erbil-markets-1
Bought Followers, Lost Money: Inside Iraq's Social Media Account Trade
2026-09-28 19:00 Shafaq News- Baghdad Riam Fadhil, 25, wanted her cake and pastry business to launch with a ready-made audience. Rather than spend months building one on social media, she bought an existing account with hundreds of thousands of followers, hoping it would lend her venture credibility and faster reach.
Fadhil told Shafaq News she paid one million Iraqi dinars (about $760) for an account with roughly 300,000 followers, but the purchase did not deliver. "After I started posting, I noticed that most of the followers were men, and their numbers began dropping rapidly," she recalled. Real engagement never materialized, and the comments that did appear were mostly negative or mocking.
When she returned to the seller and demanded a refund, he refused, telling her the account had previously been used to sell motorcycles and that payments cannot be returned once a sale is complete.
Trade in social media pages has become noticeably more common in recent months, she observed. Some belong to well-known activists or influencers who sell them, while others are stolen accounts with large followings that are resold for profit.
Legal Gray Area
Specialists interviewed by Shafaq News warn that the practice carries security and social risks as the Iraqi law contains no direct provision punishing it as a standalone crime. Only indirect provisions apply, tied to the nature of the transaction and its consequences.
Platforms such as Facebook, Instagram, and YouTube prohibit selling, buying, or transferring accounts without their approval, and can permanently close an account once a sale is detected. Legal experts said buyers may face difficulty seeking compensation through the courts when a transaction violates a platform’s terms of service, though the outcome would depend on the circumstances of each case.
Legal expert Mohammed Jumaa said that no law prevents the sale or purchase of accounts on Facebook, TikTok, Instagram, or similar platforms, “making the act permissible in the absence of a prohibiting provision.”
“Such sales fall under the general rules governing sales and privacy,” he explained, adding that the law doesn’t bar the sale of an account unless it violates privacy, as when the account holds personal photos, messages, or other private material.
Read more: Iraq’s influencers: How CBI rules could push a booming digital economy underground
Jumaa said both seller and buyer could face legal liability if private photos or confidential information from a sold account were published.
A sale can also become a criminal matter, Jumaa warned, particularly when the account is used for electronic extortion or to lure victims for human trafficking. In such cases, Jumaa said both parties could face criminal liability if the account were used for offenses such as electronic extortion or human trafficking, “depending on their knowledge and involvement.”
Because many account sales are not carried out under written contracts, he added, a seller can easily deny involvement.
Scams on Telegram
Jamil Rashid, 20, wanted to share his daily life online and speed up his reach, so he turned to a Telegram page that specializes in selling accounts. After agreeing on a deal with a seller and transferring the payment, he lost all contact: the seller vanished and closed the account. Rashid never received what he paid for.
Shafaq News identified account markets on Telegram and Facebook, in groups with more than 600 members each, listing accounts with varying follower counts and prices set by audience size and other details.
Inside the Trade
One seller active in one of these groups, Hamed Ali, described to Shafaq News how the accounts are built. The process begins with videos on subjects that draw wide attention and high view counts: accidents, fires, brawls, and murder cases, which pull in viewers and followers. "Once the account reaches a suitable number, I put it up for sale."
Building an account takes months of consistent posting, so Ali creates and manages several at once. Some owners of failed or abandoned projects also sell their accounts instead of closing them for good, he added.
Buyers receive guarantees, according to Ali, who described an account as reliable and safe from shutdown when the buyer deals with trustworthy people, but he didn’t specify any formal or legal form of guarantee.
For young people and teenagers, he pointed out, the trade offers moderate but quick profit with no effort beyond a phone. “Prices only go up, and an account is ready for sale at a minimum of 10,000 followers, selling for $25 to $30. Accounts at that price point are the fastest to sell.”
Technical Risks
Firas Faqouri, a technology specialist, told Shafaq News that buying and selling accounts is a losing proposition in many cases. TikTok and Instagram bar account sales and ownership transfers, he noted, because each account is tied to its own data and algorithms.
Once an account passes to a new owner, a change in content style can alter posting patterns and the target audience, he explained, affecting engagement and reach and potentially leading to weaker performance or action by the platform, depending on its policies.
Security is another concern, Faqouri cautioned. A buyer may lose the account if the seller cannot be trusted, since in some cases the previous owner can recover it through recovery details linked to them, even after the email address and password have been changed. “The buyer can end up losing both the account and the money paid.”
Read more: CBI: Social media influencers are financial crime threat
https://shafaq.com/en/society/Bought-followers-lost-money-Inside-Iraq-s-social-media-account-trade
Ten Arrested Over Alleged Samawah Hospital Receipt Manipulation
2026-09-29 03:41 Shafaq News- Al-Muthanna Iraq’s Federal Commission of Integrity announced on Tuesday the arrest of 10 hospital employees in Samawah, the capital of southern Al-Muthanna province, over alleged manipulation of payment receipts and misappropriation of fees involving more than 1,000 patient records.
The commission's Al-Muthanna Investigation Office examined records from 2024, 2025 and 2026, finding nearly 800 without payment receipts and around 200 accompanied by receipts bearing names different from those of the actual patients.
Based on the findings, the judge of the Al-Muthanna Integrity Investigation Court issued arrest and search warrants for the 10 employees under Article 315 of the Iraqi Penal Code.
https://shafaq.com/en/society/Ten-arrested-over-alleged-Samawah-hospital-receipt-manipulation
Anti-Corruption Court Sentences Fourth Iraqi MP In A Month
2026-09-29 06:36 Shafaq News- Baghdad Iraq's Central Anti-Corruption Criminal Court sentenced sitting lawmaker Mohammed Farman Shaher Salman al-Jubouri to seven years in prison for illicit enrichment, the Federal Commission of Integrity said on Tuesday, the fourth member of parliament jailed on the same charge this month.
The court ordered al-Jubouri to repay illicit gains of 11.8 billion Iraqi dinars and $1.73 million, and fined him an equal amount. The total comes to 28,157,250,476 dinars, more than $21 million, according to the commission.
The verdict was delivered in al-Jubouri's presence under Article 19 of the Commission of Integrity and Illicit Gain Law No. 30 of 2011, as amended. A separate three-year sentence for concealment will not be served, because the court applied “the heavier of the two penalties.”
Lawmaker Bahaa al-Din al-Nouri received a seven-year sentence on Sept. 16. On Sept. 23, the same court handed seven-year terms to lawmakers Alia Nassif and Ashwaq Salem Hassan.
Nassif was ordered to pay more than 61 billion dinars and Hassan nearly 12 billion dinars, with both totals covering illicit gains and matching fines.
The rulings are part of Dawn Crackdown, a nationwide anti-corruption campaign that Iraqi authorities launched on June 28 against current and former officials, lawmakers and business figures.
Read more:Corruption arrests in Iraq pass 210 under PM al-Zaidi
https://shafaq.com/en/society/Anti-corruption-court-jails-fourth-Iraqi-MP-in-a-month
Source: US Approves Najaf Exemption For Iran Flights
2026-09-29 Shafaq News- Baghdad/ Washington The US administration has agreed to exempt Najaf International Airport from restrictions affecting Iranian airline operations, an Iraqi government source told Shafaq News on Tuesday, citing the airport's use of Iraqi ground-handling staff and its ability to process transactions outside the US dollar.
The source said other Iraqi airports rely on foreign ground-handling companies that halted services to Iranian carriers over concerns about US sanctions, while Najaf uses Iraqi ground-service staff and can process transactions in euros, Iraqi dinars or Iranian tomans.
Najaf Airport is also administratively under the provincial government rather than the Transport Ministry and had continued servicing Iranian carriers until a US decision prompted Najaf Governor Yusuf Kanawi to halt those operations.
The source said Iranian airlines could resume flights once Iraq’s Council of Ministers or the Najaf governor issues the necessary authorization, without exposing the airport to US sanctions.
On September 28, Iraqi Airways announced that it had resumed its own flights to Iranian airports through Najaf. However, the resumption did not apply to Iranian carriers. A Najaf Airport source later told Shafaq News that restrictions on Iranian airlines remained in force and that the airport had received no official instructions allowing them to resume flights.
Read more: US sanctions reshape Iraq-Iran travel, airline operations
https://shafaq.com/en/society/Source-US-approves-Najaf-exemption-for-Iran-flights