Daily Links — Friday, August 7, 2026

Friday's desk is loaded, and it leads with a headline this room has waited years to see debated: Iraq is reportedly weighing removing three zeros from the dinar. It lands the same week Parliament called an emergency session over the fiscal crisis, an official source says a $500 million cash batch has arrived, and Baghdad raised military readiness as an armed-factions ultimatum expired — with Kirkuk back in the Article 140 conversation. Overseas, Saudi Arabia, Turkey, and Pakistan signed an Islamic NATO-style defense pact amid the Iran war, and a shock July jobs report showed the U.S. shed 23K workers. Pour a strong one — here's everything on the desk.

Iraq & the Dinar

• Iraq “considers removing three zeros from the dinar” — Iraq Business News
• Iraqi Parliament calls an emergency session over the fiscal crisis — Channel 8
• Official source: a batch of $500 million in cash has arrived in Iraq — Iraqi News Agency (INA)
• Iraq raises military readiness as an armed-factions ultimatum expires — Channel 8
• Kirkuk dispute must be resolved through Article 140, Kurdistani Areas Board says — Kurdistan 24

Money & Markets

• July jobs shock: the U.S. lost 23K workers — below the lowest estimate — as the jobless rate drops to 4.1% — ZeroHedge

Around the World

• Saudi Arabia, Turkey, and Pakistan sign an Islamic NATO-style defense pact amid the Iran war — ZeroHedge
• Camp David clash: Trump reportedly hammered Hegseth for misleading him on arms supply — ZeroHedge
• Trump says the U.S. has 'massive amounts' of munitions, dismisses shortage reports — The Epoch Times

The COVID Reckoning

• The mRNA technology behind Moderna's COVID vaccine reaches the flu shot — The Guardian

Home Front

• Trump signs orders to curb birthright citizenship and target birth tourism — The Epoch Times

Links are shared for discussion. Not financial advice — always do your own research.