currenzcraze

Did I try restarting again? https://www.thegatewaypundit.com/2025/06/developing-explosions-heard-tehran/

Reuters is behind the times on reporting. If they weren’t busy towing the line for the cabal then maybe they would be up to date on the news.

How will the negotiations with Iran affect this process since? We all know the Iranian puppets money supply has been affected by the hackers. The Iranian puppets have been stalling the budget because it was a way for their puppet masters to launder money. https://www.thegatewaypundit.com/2025/06/breaking-big-iranian-government-plane-lands-oman/

Well, Iran is negotiating now because top officials have landed in Oman. With their money supply affected by the hackers how will this overall affect the allegiances of the Iranian puppets who were trying to thwart the budget process? https://www.thegatewaypundit.com/2025/06/breaking-big-iranian-government-plane-lands-oman/

The only thing Iraq is strong at is stealing money from the Iraqi people.

Not hypothetical at all the O’Biden regime weakens the U.S. on purpose. Our military has lost weaponry and is low on ammunition. This is a perfect storm so to speak.

If they are concerned with their sovereignty then they should focus on the treasonous behavior of the Maliki and company. Otherwise this sounds like the Iranian puppets are butt hurt their handlers are in the losing end of a battle…..tsk, tsk, tsk.

Iraq announces Major Banking Sector Overhaul 7th June 2025 in Iraq Banking & Finance News By Padraig O'Hannelly. Iraq is embarking on a comprehensive restructuring of its banking sector with the assistance of leading international consultancy firms, according to Dr Salih Salman, Advisor to the Iraqi Prime Minister, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London on Tuesday. The Iraqi government has appointed Ernst & Young to restructure six of the country's seven state-owned banks, including the Industrial Bank, Real Estate Bank, Rafidain Bank, and Rasheed Bank.The Trade Bank of Iraq (TBI) has separately engaged K2i and KPMG to help restructure its internal and external operations to meet international standards. Dr Salman revealed that Rafidain Bank, Iraq's largest state-owned institution, will be reincarnated as the First Rafidain Bank with government participation reduced to less than 24 per cent. The remaining shares will be offered to private banks and international investors. The restructuring plan is expected to be finalised and approved by the Iraqi government by the end of the year. The private banking sector is also undergoing reform following a contract signed between the Central Bank of Iraq (CBI) and Oliver Wyman. This two-to-three-year project will result in recommendations for private banks to either exit the sector, comply with international standards, or merge with other institutions. Iraq has made significant progress in electronic payment systems adoption, with financial inclusion rising from less than 10 percent in 2018-2019 to approximately 40 percent currently. The number of debit and credit cards has reached 60,000-70,000, whilst bank accounts have grown to 22-23 million. From June 2025, all government payments will be made electronically, with cash payments prohibited across government institutions. The Iraqi government has launched awareness campaigns to encourage public adoption of electronic payment systems, moving away from the traditional cash-based culture. The government has also introduced the Riyada programme, operated in partnership with the Central Bank of Iraq, to provide financing and training for small and medium enterprises. The initiative offers a registration platform where participants can access training and potential financing opportunities. Dr Salman emphasised that Iraq remains open to foreign investment and international consultancy services across all sectors, including legal, financial, accounting, auditing, and compliance services. The reforms aim to integrate Iraqi banks into the global financial system after decades of isolation due to sanctions and frozen assets. Since November 2022, all bank transfers in Iraq have been processed through a Central Bank platform in cooperation with the Federal Reserve of the United States, marking Iraq's re-entry into global financial systems. The country now works with approximately 30 overseas banks, though challenges remain in opening international banking relationships. The comprehensive banking reforms represent a significant shift towards international standards and greater private sector participation in Iraq's financial sector. (Picture credit: IBBC)

Iraq holds Kurdish government legally responsible for continued oil smuggling By Reuters June 5, 202512:28 AM CDTUpdated 19 hours ago Kurdish protesters block the road in front of trucks carrying oil in the Arbat area near Sulaymaniyah, Iraq February 23, 2025. REUTERS/Ako Rasheed/File Photo Purchase Licensing Rights, opens new tab BAGHDAD, June 5 (Reuters) - Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued smuggling of oil from the Kurdish region outside the country. The ministry reserves the right to take all legal measures in the matter, it added. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Control over oil and gas has long been a source of tension between Baghdad and Erbil. Iraq is under pressure from the Organization of the Petroleum Exporting Countries to cut output to compensate for having produced more than its agreed volume. OPEC counts oil flows from Kurdistan as part of Iraq's quota. The ministry said the KRG’s failure to comply with the law has hurt both oil exports and public revenue, forcing Baghdad to cut output from other fields to meet OPEC quotas. The ministry added that it had urged the KRG to hand over crude produced from its fields, warning that failure to do so could result in significant financial losses and harm the country’s international reputation and oil commitments. Advertisement · Scroll to continue Negotiations to resume Kurdish oil exports via the Iraq-Turkey oil pipeline, which once handled about 0.5% of global oil supply, have stalled over payment terms and contract details. Reporting by Jana Choukeir in Dubai and Ahmed Rasheed in Baghdad; Editing by Clarence Fernandez and Sonali Paul

Now why would they need to learn English? This seems futile since their money is worthless.

Trump going to the Middle East is worrisome because we all know Iran wants him dead. We need to pray for his safety. Hopefully Trump will be smart and not take anything from these folks and stay his course for his safety. Trust no one!

Iraqi dinar rises as US dollar demand drops: PM advisor explains 8-5-2025 03:46 Shafaq News/ The Iraqi dinar has gained ground against the US dollar in parallel markets, driven by a significant drop in demand for the foreign currency. According to Mudhhir Muhammad Salih, the financial and economic advisor to the Prime Minister, three key factors contribute to the dinar’s recent appreciation, with the exchange rate improving by an average of 15% in recent weeks compared to the official rate. The first major factor is the Central Bank of Iraq’s increased efficiency in financing foreign trade. By accelerating dollar transfers through top-rated international correspondent banks (rated AAA), the bank has made it easier for large private-sector traders to access foreign currency. Additionally, expanding transactions in euros, UAE dirham, and Chinese yuan with reliable correspondent banks has facilitated trade with Iraq’s key partners—namely the UAE, Turkiye, and China. The second factor, according to Salih, is the easing of restrictions on small-scale trade, which accounts for about 60% of Iraq’s private sector imports. By reducing intermediary costs and allowing direct access to foreign currency through accredited Iraqi banks, small businesses now rely less on black-market channels. A third is the rising use of digital payment cards by Iraqi travelers to obtain foreign currency. Each traveler can access up to $3,000 in cash monthly at the official rate of 1,320 dinars per dollar, in addition to larger amounts via debit, credit, or prepaid cards. This has sharply reduced the need for travelers to turn to unofficial currency dealers. Salih also noted that legal scrutiny surrounding black-market dollar transactions has deterred many from participating, while increased volatility in the dollar’s value, especially compared to gold, has pushed individuals toward safer investments. These include gold purchases and government bonds, which offer guaranteed semi-annual interest and can be traded on Iraq’s secondary market. Furthermore, the growing network of hypermarkets across Iraq has played a role in stabilizing consumer prices, undercutting the influence of parallel market rates on daily goods. Finally, Salih highlighted the surge in gold purchases as a hedge against speculation about potential US moves to retire certain dollar denominations, a rumor circulating in Iraqi financial circles. This trend, he said, further illustrates a shift in public confidence away from the dollar toward more stable stores of value.

Nothing to do with the RV - https://www.theguardian.com/us-news/2025/may/07/trump-rename-persian-arabian-gulf Trump plans to announce US will call Persian Gulf ‘Arabian Gulf’, officials say

World Bank Urges Developing Countries to Sign Trade Deals With Trump at ‘Earliest Possible’ Opportunity By Ben Kew Apr. 26, 2025 8:00 pm77 Comments Ajay Banga / Bloomberg Developing countries should move quickly to secure trade agreements with the United States, the president of the World Bank has warned. Speaking with Agence France Press after a week of high-level meetings with global financial leaders in Washington, Ajay Banga urged nations to finalize deals with the U.S. “at the earliest possible opportunity” to help shore up the global economy. Banga added World Bank has been advising developing nations to prioritize agreements with Washington before turning their focus toward lowering trade barriers and strengthening regional commerce. “You need to negotiate trade systems with the US at the earliest possible [opportunity],” he said. “If you delay, it hurts everyone.” Since taking office in January, President Trump has imposed a range of tariffs on countries around the world, including a baseline 10 percent tariff on everyone. Banga also responded to criticism from U.S. Treasury Secretary Scott Bessent earlier this week over China’s “absurd” classification as a developing country. Bessent went on to urge both Banga and IMF Managing Director Kristalina Georgieva to “prove themselves” and win the Trump administration’s trust. “I don’t think he’s wrong,” Banga said of Bessent’s comments on China. “A country that is the size of China and the capability of China, at some point, should no longer be taking money from IBRD.” “My view is, I’ve brought it down to $750 million, and I’m trying to figure out a way to deal with China to bring it down further,” he continued. “I want to get it done. And that’s what I’m talking to the Chinese about.” An Indian-American businessman, Banga became president of the World Bank in June 2023 after being nominated by Joe Biden. Before taking the role, he served as CEO of Mastercard, where he was credited with expanding the company’s reach in emerging markets. Last year, it was reported that the bank had “misplaced” up to $41 billion in funds as a resulte of “poor record keeping.”

The budget tables will have to be sent on a desert tortoises back through the Sahara desert then from there it will have to be returned due to improper papers and not arriving on a day with a blood moon that is in alignment with Saturn and mars.