Leaderboard

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 8-16-2025 Militia Man You'd be surprised on how confident I am that the redenomination, revaluation and applying a real effective exchange rate is. Iraq coins, that means value. It means they're going to have a powerful exchange rate. Al Sudani said...the dinar will be stronger than the dollar. I think it's going to hold true. 8-16-2025 Nader From The Mid East Trump has nothing to do with this [the dinar RV]. I like Trump. I voted for Trump. I stand for Trump. I disagree with him in a couple of things where he can do a lot better. 8-16-2025 Pimpy I would love to see it go to $3.00+, where it was before. Even with the deletion of the zero, I get over $15,000. I'm not going to ***** about that. All my dinar cost me less than $2,000.

HCL => Hydrocarbon Law REGIONAL (Mainly with KRG) IOGL -> Iraqi Oil and Gas Law NATIONAL The HCL is a REGIONAL law created in three months after the war it is mainly aimed at the KRG. The IOGL is a NATIONAL law for all of the country of Iraq. The "profit-sharing" agreement in Iraq is mainly found within the IOGL as it appears in the country's constitution. The Oil and Gas Law goes beyond the Constitution in terms of the powers it vests in federal government. The law implies that the regions have ceded some of their constitutionally permitted powers to the federal government in order to maximise return to everyone. Constitutional discussions to date have been mired in a fierce debate over whether various other articles vest more ‘ownership’ of oil resources at the regional or federal level. By placing article 111 at the centre of Iraq’s new oil law, with the backing of all major political actors, the new law places ownership over Iraq’s natural resources with all Iraqi citizens. The law also affirms the main premise of the hydrocarbon legal framework by stating as its goal ‘the control over oil and gas in a way that guarantees the fair distribution of their returns to the people’.' The Iraqi National Oil Company (INOC) in the IOGL replaced the existing National Oil Company upon passage of that part of the IOGL as someone had stated earlier. That part is a bit confusing but its in the NATIONAL IOGL law to disband the old oil company and form the new one. Yes Iraq has had a National Oil Company for a very long time. Think of it more like a restructuring of a company than a replacement and you won't be so confuzzled. I am also going to mention one other law that needs to be watched for in all of this although it may be absorbed into a new IOGL draft and that is: The Financial Resources Law similarly contains several key transparency provisions (Art. 6). It establishes a Commission on Monitoring the Federal Financial Resources tasked with ensuring transparency and disclosure in financial operations ‘in accordance with international accounting standards’. The Commission is to use an international accounting firm to audit the Financial Resources Fund’s external and internal activities and to file reports with the Council of Ministers, the Council of Representatives and the legislative councils of the regions, providing ‘all data related to the funds and activities of the Fund regarding deposits and withdrawals’ and expressing its opinion about these activities. An annual report of these activities would also be made public (though the manner of publication is left unclear). Not the same law.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 8-16-2025 Walkingstick The currency of Iraq is different. It is not fiat. This currency is backed by gold, assets and by the planet earth. Basically, everything that the planet needs is in Iraq and they are becoming digital. 8-16-2025 Frank26 Trump has taken over the Monetary Reform of your currency in Iraq. That's why things are moving at the pace that they are. 8-16-2025 MarkZ Question: as time has gone on. What currencies do you think will be in first basket? Mark: The ones I am most confident in are Iraq, Vietnam and Indonesia. 8-16-2025 Militia Man Iran is moving towards a historic change in its national currency, removing 4 zeros. Article Quote: "Iranian cabinet approved a plan to remove 4 zeros from the national currency." 8-16-2025 Nader From The Mid East They're getting ready to change the currency. Here's the good thing, they're not going to change the paper. They're not going to delete the 3 zeros from the paper. That's really good. I'm excited when I heard that. They're going to make it more digital than anything else...That's what we want. You don't want them to delete the 3 zeros and then you have no way to change your dinars.

HCL => Hydrocarbon Law IOGL -> Iraqi Oil and Gas Law Not the same law.

First Lady Melania Trump’s ‘Peace Letter’ Hand-Delivered to Vladimir Putin

The Kurdistan Region announces an agreement with the federal government on the oil export mechanism. 23 hours ago S Erbil - WAA The Kurdistan Regional Government's Ministry of Natural Resources announced on Wednesday that it had reached an agreement with the federal government on the mechanism for oil exports. To receive more news, subscribe to our channel on Telegram The ministry said in a statement received by the Iraqi News Agency (INA): "An agreement has been reached with the Iraqi Ministry of Oil regarding the oil export mechanism," noting that "the agreement was signed by 23 delegations from both sides, including 17 members from the Iraqi Ministry of Oil." She stated, "The meetings began on July 17, and during this period, all fields in the Kurdistan Region were visited. After assessing the technical issues in many of the discussions, an agreement was reached on August 11 regarding the oil export mechanism." She stressed that "after securing and collecting 50,000 barrels of oil to meet local needs, the remainder will be delivered to the State Oil Marketing Organization (SOMO) for export," noting that "the resumption of Kurdistan Region oil exports will remain contingent on the federal government's talks with the Turkish government, so that the process can be effectively implemented," according to the statement. https://ina.iq/ar/economie/240862-.html

Good morning Mr Ron/DV 😊

The deep state is the problem. Z is just one of their puppets. This war was about dismantling the mecca of the Deep States money laundering, child trafficking and BioLabs. The Biden administration vehemently denied that the US built and funded BioLabs in Ukraine and then after Putin showed the evidence to the UN the US admitted to 48 of them. Putin likely saved the world from the next Deep State plandemic. All is not what it seems.

Chill out will you. Trump is better at this than ANY Prez we have had in our lifetime with the exception of Reagan. It was the Globalist Presidents of the past that got us to the stage. Trumps not perfect but he has done more to stop the world from killing each other than anyone else. The other thing to remember is China's economy as well as Russia's is in the crapper, you just don't hear that much from the LSM who continually spread fear and hate about Trump!

Yeah they might want to send all those Iranians back to their country. Just for starters.. But I’m no expert.

From WRAL-TV; Winning Powerball Numbers Saturday, August 16, 2025 23 40 49 65 69 PB 23 Power Player 3X Sorry; We had no winning matches.

Thanks Bigwave for posting this excellent letter by our First Lady. Blessings ... RON

i`m not really up to speed on this area ,( just what is gleaned from news snippets ) and just the titles of the post in these threads in --off topic post --- tells the story itself! Russia says: Zelenskyy blocking prisoner swap - 8/13/2025 Trump: Putin talks in Alaska can bring Ukraine peace deal - 8/14/2025 Lavrov: Russia to state clear position at Alaska summit - 8/15/2025 Trump, Putin land in Alaska for high-stakes summit - 8/15/2025 Trump, Putin talk nukes and sanctions in Alaska Summit - 8/15/2025 Trump calls Zelenskyy after summit as Russia-Ukraine strikes persist - 8/16/2025 Putin praises meeting with Trump as 'extremely productive' - 8/16/2025 Russia proposes Ukraine land concessions to end war - 8/16/2025 seems to me to tell the story just from the head lines , Russia stormed the lines of ukraine to capture as much territory as possible before he either kills everyone, or is pushed to halt his aggression by leaders of other governments. thrump isn`t going to persuade putin to do anything, but from the sense of the big peace meetings i think the ladder of agreements has been put into his " buddies" head. i will stop the war movement if i can keep the territories that i have taken, and his "buddy " seems to think it was his idea to get the war to at least stop the killings. 8-15 putin tells trump the deal ---i keep the land ----8-16 the strikes still persist , putin isn`t going to quit just cause his buddy gave him a red carpet parade in Alaska, but now that a russian plane has landed in the " U.S. air base , you can bet the cameras ,and instruments were working over time getting the layout of the area of said air base. ( just my opinion here ---- MAGA --- just got kicked in the face, and 45/47 has giving the keys to the kingdom away, china has been playing him the fool , every dead line for tariffs, 45/47 keeps putting off the dead line date ... he has put us into isolation from the rest of the world . as i said just my opinion )

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 8-17-2025 MarkZ Article: “Baghdad-Kurdistan agree to resume oil exports under a special mechanism” They finally signed it. They put ink to paper. This is a big one. 8-17-2025 Clare Article: "Rafidain Bank confirms: Our agreement with K2 Integrity puts Iraq on the map of the global financial system" Quote: "signing the partnership agreement with K2 Integrity represents a qualitative shift in the bank's journey. The partnership comes with direct support from Prime Minister Mohammed Shia Al-Sudani" 8-17-2025 Mnt Goat Another item is the much-needed Oil and Gas law. Article: “ERBIL, BAGHDAD SIGN OIL EXPORT MECHANISM AGREEMENT”. In a major breakthrough, the Kurdistan Regional Government’s (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have finalized and signed a comprehensive agreement on the mechanism to resume oil exports from the Kurdistan Region, paving the way to end a costly suspension that has been in place since March 2023. So, although they may not have the new Oil and Gas Law fully in parliament yet, we learned that they are getting very close to resolving past issues and use these crises to build the new law, as the years passed. 8-16-2025 Frank26 The shadow that's being cast on our study is evidence of the monetary reform blossoming and coming forth...There are so many delicious subjects going on right now.

No I stated why I believe the holdup for the passage of the IOGL. I know on here there was a common understanding that the RV would not happen without passage of the IOGL. The hold up of the HCL is simple ... Erbil wants more than what Baghdad is willing to offer them. That has always been the holdup for the regional law called the HCL. I have stated before Iraq does not need to pass the IOGL to RV. It can RV anytime the IMF says it is okay. IOGL and HCL are internal to Iraq and really has nothing to do with with external influences governing Iraq. Which is the reason why the RV is not being held up by either law. The holdup has more to do with its investing portfolio than it does with its oil policies. People are focused on the IOGL/HCL for good reason because Adam told them to be. However in my view it became clear that the IOGL was not the main obstruction. I still believe that the RV can happen and will happen without the IOGL's full passage into law. I know that goes against the owner of this forum but its a gentleman's disagreement on that note. If the IOGL passes is the RV immediately imminent? Well does dark clouds in the sky always portend rain will be falling on you?

Iraq is the last money laundering mecca of the Deep State.....Trump has his foot on Iraq's throat now.

Saturday, August 16, 2025, economic expert Ziad Al-Hashemi spoke about the position of the Central Bank of Iraq on implementing the "reforms" that the US Federal Reserve and the US Treasury Department want to implement in the Iraqi banking system. He also touched on entities he described as "strong" in Iraq, which own and manage dozens of banks and live on the movement of the dollar and the returns of those banks, pointing to a "reform" action plan for the Iraqi banking system, presented by an American company, which faces "opposition behind the scenes." From parties that benefit from the situation remaining as it is without reform, as he put it. Al-Hashemi said in a blog post followed by "Al-Jabal" that "the Central Bank of Iraq has a (last chance) to reform its banking system by implementing the reform plan and imposing its will on the obstructionists, otherwise the Treasury and the Federal Reserve will be on the lookout," indicating that "for the past years, the Federal Reserve and the US Treasury have adopted a strict direct policy with the Central Bank of Iraq, which has removed nearly 50% of banks from working or dealing in dollars as a result of sanctions and deprivation." He added, "During that period, the Federal Reserve imposed many conditions and requirements on the Central Bank of Iraq to increase compliance, the most important of which were expanding the scope of direct transfer and electronic payment, streamlining the number of banks by liquidating banks, merging others, changing the ownership structure, and capitalizing banks". He pointed out that "this situation has put the Central Bank of Iraq in a state of great embarrassment, between the hammer of the Federal Reserve and the anvil of the powerful parties in Iraq, which own and manage dozens of banks and live on the movement of the dollar and the returns of those banks". He pointed out that "as a compromise solution to spare the Central Bank of Iraq the embarrassment and pressure it is exposed to, Amir Company was assigned"Kia (OW) It has joint working links with the Federal Reserve and the US Treasury to evaluate the Iraqi banking system and present a reform action plan for this system. He added: "This company presented the banking reform plan, which came with requirements based on and consistent with the requirements and conditions demanded by the Federal Reserve and the Treasury during the past year, meaning that the Central Bank of Iraq received the same American federal requirements; but indirectly through an American company, in what appears to be more like a tactic to cover up direct federal intervention in reforming the Iraqi banking system." He continued, "The plan is now ready for implementation after the Central Bank announced it, but it also appears that there is some opposition taking place behind the scenes to obstruct implementation, by some parties that benefit from the situation remaining as it is without reform". He pointed out that "the Central Bank of Iraq now has no choice but to adhere to the banking reform plan presented by the consulting company, otherwise the Federal Reserve and the Treasury will return to direct intervention and forcibly impose reforms on the Central Bank or impose further tightening and even sanctions". The expert explained that "the return of the Treasury and the Federation to direct intervention and pressure is a sensitive issue that the Central Bank of Iraq is trying hard to avoid, to protect its reputation and to confirm its independence and ability to implement reforms. This requires a firm and decisive stance from the Central Bank's management to implement this reform plan without submitting to any internal dictates or pressures."

Positive news for the region.

Well, now I'm confused. I had always heard that one of the main sticking points was the profit sharing. Yes, Iraq HCL does provide profit-sharing agreements for Iraqi citizens in the oil and gas sector. During recent rounds of contracts, Iraq has embraced profit-sharing agreements, offering both Exploration, Development, and Production Contracts and Development and Production Contracts for gas and oil fields. This indicates that profit-sharing is a part of the agreements made with Iraqi citizens. United States Institute of Peace Maybe someone smarter than me can explain....just trying to understand.

economy 13-08-2025, 12:13 | 884 Between stifling cash flow and lost confidence, Iraq faces a banking reform battle to save its economy. Baghdad Today - Baghdad Financial and economic expert Ahmed Al-Tamimi stressed on Wednesday (August 13, 2025) that reforming the banking system in Iraq has become an urgent necessity to address the deep structural challenges that hinder the growth of the national economy. Al-Tamimi told Baghdad Today that "excessive reliance on cash transactions, weak digital infrastructure, and limited financial inclusion have hindered private sector growth and limited opportunities for citizens," stressing that the required reform must be "radical and urgent." He explained that the reform plan should include updating technological systems, strengthening banking oversight, developing anti-money laundering mechanisms, adopting global governance and transparency standards, and rebuilding trust between banks and the public, describing this step as "the cornerstone of any successful reform." Al-Tamimi added, "Reforming the banking system is not a luxury, but an economic and security necessity. It requires the government and the Central Bank, in coordination with international institutions, to adopt a comprehensive vision to ensure the development of a banking sector capable of keeping pace with global developments and supporting economic development in the country." Iraq's banking system has suffered for years from deep structural imbalances, most notably its near-total reliance on cash transactions, weak digital infrastructure, and limited financial inclusion. These have slowed private sector growth and reduced investment opportunities. The trust gap between the public and banks has been exacerbated by weak governance and transparency, the absence of strict oversight, and the prevalence of phenomena such as money laundering and financial corruption. Economists believe that despite attempts by the Central Bank and the government to launch partial reforms, the lack of a comprehensive vision and effective coordination with international institutions has prevented tangible change. This comes at a time when economic and security pressures are mounting, making banking sector reform a crucial step to keep pace with global developments and support the national economy. https://baghdadtoday.news/280659-.html

Iraq’s Security Chief defends Iran border memorandum PoliticsiraqbreakingUSiran 2025-08-16 / 07:40 Shafaq News – Baghdad Iraq’s National Security Adviser Qassim al-Araji met US Chargé d’Affaires Steven Fagin on Saturday to discuss the recent border security memorandum between Baghdad and Tehran. According to a statement from the adviser’s office, al-Araji outlined the document, which provides for tighter border control, anti-smuggling measures, and action against infiltration, confirming that "Iraq’s policies are guided by national interests and sovereignty, while pursuing balanced relations with both regional and international partners." Fagin, in turn, reaffirmed US support for Iraq’s balanced diplomacy, praised ongoing efforts to return displaced families, and noted plans for an international conference in New York to press countries to repatriate nationals from Syria’s al-Hol camp. The memorandum, signed last week in Baghdad under Prime Minister Mohammed Shia al-Sudani’s sponsorship, was presented by Iraqi officials as a memorandum of understanding rather than a binding treaty. Washington rejected the deal, calling it “inconsistent with US objectives” and harmful to Iraq’s existing security institutions. Iraq countered that it is a sovereign step to strengthen stability and border security. https://www.shafaq.com/en/Iraq/Iraq-s-Security-Chief-defends-Iran-border-memorandum

I think they posted this article about five years ago.

The part where each citizen receives proceeds from the sale of oil is in the Constitution but that article has yet to be implemented. It is not part of the HCL or the IOGL. However, when the IOGL is passed (the remaining bits) then the article will be triggered. The HCL is not the IOGL as it is something totlly different between only Erbil and Baghdad not the entire country.

But of course, he's an Iranian stooge-"HEY MOE" 🤣

Deja' Vu all over again & again & again....

ICE Officers Arrest “The Worst of the Worst” Illegal Alien Criminals, Including Homicide and Fentanyl Trafficking, and Sexual Assault of a Child https://www.thegatewaypundit.com/2025/08/ice-officers-arrest-worst-worst-illegal-alien-criminals/

Good.....Thanks bigwave

And.....the clock is ticking on the November elections ahead! CL

Any agreement is a step in the right direction. "Which way that is...I have no idea."

Putin would be on our side. He's anti Cabal. No disrespect to the Ukraine People but Z is a very bad actor.

Iraq FM: Conflict spillover would devastate Iraq, diplomacy is the only shield PoliticsiraqUSiranPMFFuad Husseinarmed factions 2025-08-17 / 06:41 Shafaq News – Baghdad Iraqi Foreign Minister Fuad Hussein warned that any attempt to drag Iraq into regional wars would “destroy” the country and the armed factions, stressing that Baghdad rejects the notion of unified battlefronts and insists Iraq’s arena is solely its own. In a televised interview aired Saturday on Shams TV, Hussein outlined Iraq’s approach to armed groups, the Popular Mobilization Forces (PMF) Law, relations with Iran and the United States, the Erbil–Baghdad dispute, regional conflicts, and the future of Kurds in Syria. Avoiding Regional War Hussein credited Iraq’s survival amid neighboring conflicts to a dual-track approach: dialogue with armed groups at home and diplomacy abroad. He revealed Prime Minister Mohammed Shia al-Sudani and Shia leaders had warned faction commanders of the dangers of unilateral actions, while Baghdad reached out to Washington and European capitals to prevent Israel’s war from spilling into Iraq. “We made it clear that Iraq has only one arena, which is Iraqi, and we reject the concept of unified battlefronts,” Hussein pointed out, warning that dragging Iraq into conflict would destroy the country and its factions. He added that despite some continued strikes on US bases, Baghdad’s firm position had restrained wider escalation. Disarmament and the PMF Law On why “militias” could be contained but not disarmed, Hussein affirmed that force was not an option. “Disarmament by violence would risk civil war,” he cautioned, arguing instead for Shia dialogue first, followed by a national dialogue across communities. “Weapons outside state control remain unacceptable but must be addressed through reason, not confrontation.” He compared Iraq’s situation to Lebanon, where decades of failed attempts to disarm Hezbollah showed that “the language of arms only produces more destruction.” Regarding the PMF Authority Law in parliament, Hussein said he was the only minister to object, citing the tense regional climate. “Sometimes an issue is valid, but the timing is wrong,” he said, noting that such legislation has unavoidable security and military implications. Relations with Iran and the United States Hussein rejected claims that Tehran dictates Baghdad’s decisions. “It is not true to say Iran rules Iraq, but it is also not true to say Iran has no influence,” he remarked, pointing to Iraq’s weakened sovereignty since UN sanctions in 1991 and the 2003 invasion. On Iranian National Security Adviser Ali Larijani’s visit, he described it as a routine trip, not a special mission. Discussions focused on bilateral ties and avoiding wider war. He added that Tehran thanked both Baghdad and the Kurdistan Region for their positions during the recent 12-day conflict inside Iran. As for Washington, Hussein confirmed US opposition to the PMF law but said Iraq’s national interest requires a single military authority. He underscored Iraq’s reliance on the Global Coalition, noting that without its intervention, ISIS would still control Baghdad and Erbil. “Now the question is—who will protect Iraq if another war comes?” he asked. Iraq’s Neutrality and Soft Power Hussein rejected labeling Iraq as neutral. “We are against war. That is not neutrality—it is principle,” he said, explaining that Iraq lacks “hard power” and instead must rely on diplomacy and soft power to safeguard its interests. Erbil–Baghdad Relations On ties with the Kurdistan Region, Hussein considered the root of the dispute lies in Baghdad’s centralist mindset, which clashes with the federal constitution. He pointed to the absence of long-promised legislation, including the Oil and Gas Law and the Federal Council, which has forced reliance on outdated centralist laws, describing the current oil revenue-sharing deal as temporary, and stressing that a lasting arrangement must guarantee the Kurdistan Region’s fixed share without federal interference in salaries or local revenues. Syria, the Kurds, and Regional Stability Turning to Syria, Hussein related the instability there to Iraq, warning that Syria remains fragmented with the presence of Turkiye, US, French, Israeli, and Russian forces, in addition to ISIS remnants. “This reality requires new approaches based on decentralization and democracy,” he argued, stressing that centralization fuels division while decentralization can preserve unity. On Kurdish aspirations, he said independence is not on the agenda. “Dreams remain dreams, but reality is different. Kurds in Syria are struggling for rights within a democratic, decentralized state, not for separation.” https://www.shafaq.com/en/Iraq/Iraq-FM-Conflict-spillover-would-devastate-Iraq-diplomacy-is-the-only-shield

European leaders to join Zelenskyy-Trump meeting at White House InternationalbreakingUSAVladimir PutinDonald TrumpRussia-Ukraine warVolodymyr ZelenskyyEuropean leaders 2025-08-17 / 06:02 Shafaq News – Brussels / Moscow / Kyiv European leaders will join Ukrainian President Volodymyr Zelenskyy and US President Donald Trump at the White House on August 18 for talks following Trump’s Alaska summit with Russian President Vladimir Putin. European Commission President Ursula von der Leyen confirmed her attendance on Sunday, posting on X that she would meet “President Trump and other European leaders in the White House tomorrow” at Zelenskyy’s request. NATO Secretary General Mark Rutte and Finnish President Alexander Stubb are also expected, according to a European official cited by CNN. German Chancellor Friedrich Merz, French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni, and British Prime Minister Keir Starmer have likewise committed. Merz’s office described the gathering as “an exchange of information” with Trump following his meeting with Putin. The wave of visits comes after Trump pledged to intensify diplomacy at the Alaska summit, later writing on Truth Social that a “peace agreement” — not a ceasefire — was the best way to end the war. Separately, Ukraine’s core European allies — the so-called “Coalition of the Willing” — will convene today by video conference ahead of Zelenskyy’s White House meeting. The Élysée Palace said the session, co-chaired by Macron, Merz, and Starmer, begins at 3 p.m. local time (9 a.m. ET). It will be the coalition’s second meeting in a week, part of efforts to coordinate long-term security guarantees for Ukraine in the event of a ceasefire. Despite the diplomatic efforts to secure a ceasefire, hostilities persisted. Russia’s Defense Ministry claimed to have intercepted 46 Ukrainian drones overnight between August 16–17, including 16 over Belgorod and 14 over Nizhny Novgorod, with others shot down across Voronezh, Bryansk, Kursk, Orel, Kaluga, and Smolensk. Ukraine’s General Staff reported 68 Russian airstrikes in the same period, involving 127 guided bombs, nearly 4,800 kamikaze drones, and more than 5,900 artillery and rocket attacks across Sumy, Donetsk, Dnipropetrovsk, Zaporizhzhia, and Kherson. It said its forces repelled dozens of assaults from Kupiansk and Lyman to Kramatorsk, Toretsk, and Zaporizhzhia, claiming Russian losses of roughly 900 troops, four tanks, eight armored vehicles, and nearly 50 artillery systems in a single day. https://www.shafaq.com/en/World/European-leaders-to-join-Zelenskyy-Trump-meeting-at-White-House

Financial Advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the reasons for the decline in the dollar exchange rate and its impact on the recovery of economic activity in the country. Saleh said, in a statement to the official agency, which followed him (IQ): "The Iraqi parallel market has witnessed a significant decline in the dollar-dinar exchange rate in recent months, reflecting shifts in demand and money supply, and raising questions about the extent to which this decline will affect economic activity and the balance of commodity prices." He added, "Given that the parallel (secondary) exchange market is an information-based market, the efficiency of economic policy, with its financial, monetary and commercial pillars, implemented and in accordance with an integrated strategic system, has contributed to transforming this market from a state of information noise with excessive price deviations, to a stable market that deals with clear and controlled information (white noise), and has often become driven by the official market, not the other way around." He pointed out that "the trend of the dollar price falling in the parallel market towards the official price can be attributed to the efficiency of coordination between government policies, through the following axes: (Legal criminalization of the use of the dollar in local transactions, especially in the real estate market, which is one of the sectors most in demand for foreign currency, which has strengthened the role of the dinar in daily trading, and the shift to the external financing system through international correspondent banks, Instead of relying directly on the central bank window, a measure that reduced compliance risks and kept large traders away from relying on high-cost and risky parallel market financing. He added: "Integrating small importers into the official foreign currency financing network, which allowed them to obtain the dollar at a direct official exchange rate without the need for intermediaries from currency companies, which represents about 60% of import activity, thanks to administrative facilities and reducing bureaucratic loops, with a cultural shift in travelers' behavior towards using electronic payment cards in foreign currency, which reduced pressure on the cash dollar, While maintaining the possibility of obtaining a specific cash share from airports on favorable terms and controlled compliance, in addition to adopting a smart defensive pricing policy represented by the spread of cooperative societies to distribute food commodities, construction commodities, and others, with import financing based on the official price of 1,320 dinars per dollar, which contributed to stabilizing the commodity market and achieving a reasonable balance between supply and demand. He pointed out that the expected economic impacts can be monitored as follows: First, on economic activity, which are: (reducing import costs, increasing purchasing power, enhancing confidence in the Iraqi dinar, stimulating local investment, and reviving domestic trade activity as a result of reducing operating costs. Second, the economic impacts are directed at the prices of basic commodities, most notably (reducing the prices of imported food and medicine, reducing inflation resulting from exchange rate fluctuations, as well as improving the purchasing power of citizens The instability of exchange markets has effects on the equilibrium state of commodity prices, and increases their fluctuations in such cases. Saleh concluded by saying: "Efficient control of economic policy with its three pillars, financial, monetary and commercial, in addition to the law enforcement force, remains an important factor in providing a scope for stability, specifically: (maintaining the gradual unification of the official and parallel exchange rates, as well as increasing the supply of the dollar through official channels, in addition to tightening control over speculators and the black market, Stimulating domestic production to reduce dependence on imports within strong and stable supply policies that give national producers greater flexibility in supplying capital goods, raw materials and production supplies.

Argument for RV...check!

Good morning to you as well nannab - Thanks & have a great Sunday..! RON

To answer a follow up question, No. THe Kurds will be paid according to their agreement in the HCL a regional law aimed at them than from the IOGL. This also satisfies the Iraqi Constitution.

You are somewhat right but its mainly for the KRG peoples not for ALL of the Iraqi peoples/ Why do you think whenever the HCL is brought up in an article, the KRG or Erbil is also brought up? Simple fact the HCL is a regional law under the IOGL aimed at the Kurds. Remember Kurdistan is part of Iraq but its mainly a autonomous region within Iraq and sometimes, not always, must be dealt with separately. The HCL does have profit sharing agreements in it but that is only for the Kurds and not the whole of the Iraqi peoples. It is why this is so confusing to most people as they think the Kurds are part of Iraq and they are but they have their own regional government that Baghdad must deal with separate from other regions in Iraq. Hence, the profit sharing agreement found within the HCL only applies to the Kurds not to the whole of the Iraqi peoples. That is found in their Constitution and the IOGL once it becomes law. And why I have said they are delaying the passage of the IOGL because its passage triggers the oil revenue sharing with its people.

Putin has still this imperialistic thought which doesn't let him sleep at night.... He wants to get back to the fmr powerful superpower role of defunct CCCP....Union of Socialist Soviet Republics.... If he doesn't get stopped in his tracks...I'm afraid Ukraine could be only the beginning.....He gotta receive clear and unequivocal message in regards to this.....

Z is the problem. Get rid of Z & there will be peace.

We are establishing a brighter and more stable banking future, where citizens trust our ability to manage their money, and international institutions trust our ability to comply with global standards. Simply put, we are laying the foundation for an Iraqi bank with a global identity."

this just hit the news rails as i had put in my opinion above ! " EUROPEAN LEADERS TO JOIN ZELENSKYY IN WASHINGTON FOR MEETING WITH trump . European Commission president Ursula Von der Leyen welcomed Ukrainian president Volodymyr Zelenskyy at the European Commission’s head office in Brussels on Sunday. Von der Leyen and Zelenskyy are due to hold a joint news conference later in the day. 36m ago07.28 EDT Keir Starmer to join European leaders and Volodymyr Zelenskyy in White House on Monday Sir Keir Starmer will join President Zelenskyy and European leaders for a meeting with President Trump at the White House on Monday, Downing Street has said. In a statement, Downing Street said: “This follows the prime minister commending President Trump’s efforts to end Russia’s illegal war in Ukraine, reasserting his position that a path to peace cannot be decided without President Zelenskyy and co-chairing a meeting of the coalition of the willing this afternoon to discuss progress to provide Ukraine with robust security guarantees in the event of any deal. “At the meeting that will take place at the White House tomorrow, the prime minister, with other European leaders, stands ready to support this next phase of further talks and will reaffirm that his backing for Ukraine will continue for as long as it takes.”

already have national oil company law and somo, this forms the financial part of the law, the payment mechanism as per previous articles

An economic expert proposes amending the criteria for Iraqi banking reform. Energy and BusinessCentral Bank of Iraqbanking reform 2025-08-14 04:22 Share font Shafaq News - Baghdad On Thursday, economic expert Ahmed Abd Rabbuh called for amending the banking reform standards announced by the Central Bank of Iraq. The amendments include adding a clause allowing some banks to operate domestically under the central bank's supervision, while other banks would apply international standards if they wish to operate internationally. Abdul Rabbo told Shafaq News Agency, "Central Bank Governor Ali Al-Alaq revealed a comprehensive plan for banking reform, and he is counting on the media's important role in clarifying this issue in a transparent and accurate manner." He explained that "among the proposals submitted by specialists to the Central Bank Governor is to allow some banks to operate internally under the direct supervision of the bank, while the remaining banks apply international standards with partners such as Oliver Wyman." He pointed out that "it is important to open an expanded dialogue between the Central Bank and Iraqi banks to clarify the technical aspects of the document and discuss mechanisms for implementing reform gradually, taking into account the specificities of Iraq's economic reality. There is also a need to commit to reform in principle, while formulating standards and procedures in a manner that enhances confidence in the banking sector and contributes to its development." Abdul Rabbo pointed out the importance of adopting a participatory and consultative approach between the Central Bank and banks, through the formation of joint technical committees to review reform requirements and ensure their compatibility with the national financial and economic reality. This will maintain a balance between reform requirements and the capabilities of Iraqi banks, and ensure the protection of the interests of local and international investors and those working in the sector. It's worth noting that the Governor of the Central Bank of Iraq, Ali Al-Alaq, held a meeting on Tuesday with the international company Oliver Wyman to discuss the details of the banking reform plan submitted by the Iraqi Private Banks Association. This meeting is part of efforts to develop the banking sector and align it with international standards. https://shafaq.com/ar/اقتصـاد/خبير-اقتصادي-يقترح-تعديلا-في-معايير-ال-صلاح-المصرفي-العراقي

DV, GOOD LUCK TO US. ALWAYS KEEPING THE FAITH. We got this. PAYING IT FORWARD...👍💪🦾💯 8-16 14-20-25-57-61 PB 24

PB 24 36 50 52 66 PB 11

8/16 Powerball 10-32-37-57-60 PB 19

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 8-16-2025 Intel Guru Frank26 They keep talking about a digital currency...I want them to talk about lower notes...a new currency. They talk about the lifting of the 3 zeros from the exchange rate which would equal a new currency. No matter what, the point is, they are talking about it, which means they are about to introduce it. That tells you it's coming. 8-16-2025 Newshound/Intel Guru Mnt Goat My CBI contact said... they need to do the project (the Project To Delete the Zeros) very soon to get all this hoarded cash into the banking system...Think about this – Who the hell is going to turn in their three zeros notes if the dinar is not worth more than the dollar? They know what is coming and they are waiting for it just like us. Over the years, the CBI has tried every trick in the book to get these dinar hoards in the banks, unsuccessfully. This new rate will be the second of the two rate changes we were promised by the CBI years ago…finally! The CBI told us it must be just over a dollar. [Post 1 of 2] 8-16-2025 Newshound/Intel Guru Mnt Goat Remember folks this will be in Iraq in country ONLY! We can not yet go the banks when this happens. It will not yet be international...the CBI can not let the dinar sit there for too long without migrating to the out of country global currency exchanges. To wait would also be disastrous too. This is why when this does happen we must watch the dinar VERY closely since it could then pop out on FOREX at about anytime afterwards. Then we go to the bank as investors. If you want a timing...watch the process. [Post 2 of 2]

and this is all we need.....