State Wealth Protection: Indonesia’s President Prabowo urged leaders to “save and protect” national wealth to fund education and welfare, calling for faster expansion of its tuition-free school program. Iraq Cash-Printing Warning: Iraq’s foreign minister said Baghdad has been printing more money as oil revenues fall due to the Iran war, warning of a potential financial catastrophe and inflation risk if the conflict drags on. India IPO Pipeline: SEBI cleared final observation approvals for major IPOs, including Warburg Pincus-backed Truhome Finance (Rs 3,000 crore) and OYO parent Prism (Rs 6,650 crore), signaling a busy listing week. Armenia MSME & Green Finance: Ameriabank and FMO signed a EUR 120 million deal to expand MSME lending in Armenia, with at least 25% earmarked for green projects. Crypto Under Fire: The US sanctioned Iran-linked digital asset exchanges tied to sanctions evasion and terror financing, escalating scrutiny of crypto rails. Fraud Probe in India: India’s CBI searched six locations in a Rs 661 crore alleged fraud involving IDFC First Bank and AU Finance Bank, targeting senior officials and a consultancy. Islamic Finance Push: Türkiye’s Islamic finance leaders and officials backed ethics-based finance and interest-free systems as Istanbul positions to deepen its financial-center role. Tokenized Finance Trend: Ripple’s David Schwartz said XRP Ledger use is moving beyond payments into tokenized real-world assets, with broader finance use cases on the horizon. Business Costs & Tax Pressure: Kenya’s Finance Bill 2026 is drawing fresh backlash over higher penalties and potential tax hikes as households and small firms brace for tighter finances.