No Kurdish Agreement: Lack Of Quorum Cited.

[Luigi1]

Here's some articles of Dinarian interests...

Direct From The SANDBOX Report.

No Kurdish Agreement: Lack Of Quorum Cited.

Treat as rumors.  Not verified.  Your opine.

 

 

 

FROM IRAQI SOURCES:  Is The World Facing A Maritime Chokepoint? The Risks Of Closing The Strait Of Hormuz & The Bab El-Mandeb Strait Threaten Global Energy & Trade.

ARTICLE:  International warnings are mounting about the potential repercussions of closing two of the world's most strategic maritime passages, the Strait of Hormuz and the Bab el-Mandeb Strait, amid rising tensions in the region.

 

The Strait of Hormuz is the main artery for Gulf oil exports to global markets, through which a large part of international energy supplies pass, making any disruption to it a direct threat to the global economy, as it immediately leads to higher oil prices and increased economic pressure on consuming countries.

 

In contrast, the Bab el-Mandeb Strait forms a vital link between the Red Sea & the Indian Ocean & is a key passage for global trade towards the Suez Canal, meaning that its disruption will directly affect shipping between Asia & Europe.

 

According to reports, including one carried by Reuters, there are warnings of a possible escalation to include Bab al-Mandab, amid indications that the Houthi group may play a role in disrupting navigation to the south. 

 

Some global shipping companies have already begun changing the routes of their ships to avoid risks, which threatens higher transportation costs & delays in supply chains, especially with regard to food & basic commodities. 

 

Observers believe that closing both straits together could lead to an unprecedented maritime bottleneck, threatening global supply chains and causing a widespread wave of inflation as a result of rising energy & shipping prices. 

 

If the situation worsens, this escalation could lead to int'l military intervention to protect shipping lanes, opening the door to a new phase of tensions that could extend beyond the region. 

 

The question remains: Is the world heading towards a full-blown maritime crisis, or will int'l efforts succeed in containing the escalation before reaching this stage? 

 

PSM’s Al-Sadr Still Rejects Al-Maliki Comeback As Iraqi PM, Aide Say. 

ARTICLE:  Patriotic Shiite Movement (PSM) leader Muqtada Al-Sadr has not signaled support for nominating State of Law Coalition head Nouri Al-Maliki as prime minister, Al-Sadr’s aide Salah Al-Obaidi told Shafaq News on Tuesday. 

 

Al-Obaidi said statements circulating on social media claiming Al-Sadr could back Al-Maliki if Shiite factions reached consensus were fabricated & published through a “suspicious” account. 

 

The Shiite Coordination Framework, parliament’s largest bloc, formally nominated Al-Maliki in January, but government formation has stalled amid disputes over electing a president, the constitutional step required before naming a premier.  Parliament has scheduled April 11 for a session to elect a president, though similar timelines have often slipped during prolonged negotiations.

 

 In November 2025, the PSM opposed Al-Maliki’s nomination, with a senior official telling Shafaq News on condition of anonymity that it represented “a continuation of failure & corruption,” warning the movement could take action if efforts to return him to power proceed. 

 

Muzhir Muhammad Salih: The Informal Economy Hides 67% Of The Market In Iraq.

ARTICLE:  Mazhar Muhammad Saleh confirmed today, Monday, that the informal economy in Baghdad & the rest of Iraq’s cities represents a source of livelihood for millions of citizens, but at the same time it hides 67% of the market economy, deprives the state of important resources & leaves those working in it without legal protection. 

 

Saleh explained in his interview with Al-Furat News Agency that "this economic, social and legal paradox cannot be addressed through imposing taxes or prosecution, but rather through simplifying the procedures adopted by the government program, such as registration, reducing fees & providing real incentives such as loans & insurance." 

 

He pointed out that "the adoption of electronic payment through digital payment applications, with its current resurgence, can enhance transparency & facilitate the integration of this sector into the regulated market economy." 

 

He explained that "when the formal economy becomes more accessible & beneficial, the informal market will become a supporting force for the economy instead of remaining outside the organized market & the legal framework that protects market activity, including the social protection system & the workers' pension fund." 

 

He added that "the entire informal economy can then be transformed into a supporting force for the economy, based on governance & transparency, instead of remaining outside the legal framework & social protection." 

 

Iran War Live: Trump Suspends US Attacks, Tehran Agrees To 2-Week Ceasefire.

ARTICLE:  Iran says it has accepted a two-week ceasefire, with negotiations to begin on Friday in Pakistan’s Islamabad, after US President Donald Trump said he would suspend attacks subject to Tehran agreeing to fully reopen the Strait of Hormuz.

 

Iran’s foreign minister says safe passage through the key waterway will be possible for a period of two weeks via coordination with Iranian armed forces.

 

Trump’s statement came after Pakistan’s PM Shehbaz Sharif asked the US president to extend a deadline for a deal & Iran to fully open the Strait of Hormuz.

 

 ‘A Lot Of Movement’: Trump Moves From War Of Obliteration To Ceasefire With Iran.

ARTICLE:  US: Let’s start with President Trump’s first message – on social media – of the day in which he said the “whole civilisation will die tonight & never to be brought back again”.

 

Now, we’ve got the president putting out on his social media that a two-week ceasefire has been agreed to.  Not just a ceasefire but a period in which the remaining differences between the US & Iran can be ironed out, leading to a long-term & a lasting resolution of the disputes between the two nations.

 

This is a lot of movement in one particular day.

 

The WH has formally declared a lid, which means there will be no more formal statements from the WH in the course of the evening.  That does not obviate the possibility of more social media coming out from President Trump.

 

But clearly this is a deeply significant outcome given the fact that this was the time at which President Trump had vowed to obliterate Iran if they did not agree to the US proposals for negotiation.

 

What has in fact happened, from the president’s social media posting, is that the US has agreed to Iran’s 10-point proposal, which was communicated to the US by Pakistani mediators.

 

These 10 points are very significant, carrying with them that this is not a temporary ceasefire. Iran would not agree to a temporary ceasefire but it wanted negotiations leading to a lasting, longstanding end to hostilities between the US & Iran.   

 

iran-War-Live-Trump-Warns-Of-Devastating-Attacks-As-Deal-Deadline-Nears.

ARTICLE:  Mr. Al-Hakim: The Stage Is Critical & The Blocs Must Hasten To End The Political Deadlock.

 

A statement from his office, a copy of which was received by Al-Furat News, indicated that Mr. Hakim, during his meeting with Muthanna al-Samarrai, head of the Azm Alliance, emphasized that the current phase is critical & requires a fully empowered government to confront all challenges.  He stressed that political blocs must shoulder their responsibilities in expediting the end of the political deadlock.

 

On the regional level, Mr. Hakim reiterated his call for an end to the war against the Islamic Republic of Iran, stating that escalation is widening the scope of the conflict & consequently increasing the damage inflicted on the region & the world. 

 

Parliamentarian: No Kurdish Agreement On A Candidate; Saturday's Session Will Be Held To Elect The President.

ARTICLE:  The head of the Al-Asas bloc, Alaa Al-Haidari, confirmed that there is no Kurdish agreement on a candidate for the presidency, suggesting that a session will be held next Saturday amidst differing scenarios between a decision or postponement.

 

Al-Haidari said during his appearance on the “Point” program on Al-Furat satellite channel that: “The political deadlock has been prolonged & has entered a stage of constitutional vacuum as a result of the continued dispute between the two Kurdish parties,”

 

indicating that “the lack of agreement may lead either to breaking the political will & proceeding with the election of the President of the Republic or to the failure to hold the session due to the lack of a quorum.”

 

He pointed out that "the Democratic Party expressed reservations about holding the session in light of the security situation in the region, with threats to withdraw from the political process if it proceeds."

 

Al-Haidari added that "regional conditions are casting a shadow on the internal scene," noting that "Iraq is directly affected by the developments of the war in the region, with losses being recorded among the security forces and the Popular Mobilization Forces."

 

He added that "the government has affirmed its right to self-defense, as security and economic challenges increase, particularly those related to the energy sector & the targeting of vital facilities."

 

Al-Haidari concluded that "the political scene is still open to multiple possibilities, given the continued disagreements within the political forces regarding the next stage & the formation of the government."  

 

 

 

[Luigi1]

Here's Luigi's two cents worth...

Parliament is paralyzed & unable to move forward due to lack of quorums.

Mostly Maliki's bloc & pro Iran Parliamentary members the root cause.

Iraq cannot move forward until these disrupers are completely removed from influences.

Iran still has way too much control of Iraq via it's proxies in Parliament.

This must be dealt with or nothing will change & progress will be of no use.

If something don't give, soon...Iraq could stay a failed state.

IMHO.

[Luigi1]

Here's another article related to the above...ER Stability in Iraq...

 

 

 

KTFA via Clare:  A Positive Appearance: ER Stability Reflects The Strength Of Reserves & The Flow Of Goods.

ARTICLE:  The financial advisor to the PM, Mazhar Muhammad Saleh, confirmed on Saturday that the stability of ER in the local market reflects positive indicators, while pointing out that the strength of reserves & the accumulation of commodity stock contributed to reducing the fluctuations of the parallel market.

 

Saleh told Al-Furat News Agency: "The stability of exchange rates in the local market reflects positive indicators that are embodied in two main directions."

 

He added that “the flexibility of financing foreign trade from the country’s foreign currency reserves, which are among the most efficient according to the standard of trade efficiency of reserves,” indicating that “these reserves extend to cover more than a year of imports, compared to the global standard, which is estimated at only about three months, in addition to continuing to meet the demand for foreign currency at the official rate of 1320 Dinars per USD.”

 

 

[Luigi1]

Here's another article of Dinarian interests...inflation in Iraq is blamed on lack of USD & the war...

 

 

Clare:  Banking Warnings: Dollar Shortage Threatens Imports & Raises The Cost Of Living In Iraq.

ARTICLE:  Reports & financial sources that spoke to Al-Mustaqilla indicate a growing sense of concern within financial & economic circles in Iraq, with increasing talk about the possibility of a decline in the ability of the government & the CBI to secure USD in the coming period,

 

in light of rapidly evolving regional & int'l complexities, most notably the tension between Iran & the US & the tightening of control measures on financial transfer routes.

 

Iraq relies almost entirely on oil revenues deposited in Dollars in foreign accounts.  The movement of these funds, their transfer mechanisms & auditing processes are subject to strict oversight linked to financial compliance regulations, making the dollar issue highly sensitive to any further tightening or disruption in transfer channels. Banking sources say the mounting pressure stems from concerns about USD leaking to sanctioned entities & as increasing auditing requirements for transfers & foreign trade financing.

 

According to sources, worrying indicators have begun to emerge in the market, including the difficulty some banks are facing in obtaining USD to meet traders' needs & an increased reliance on the informal market for currency.

 

There are also concerns that the gap between the official & market ER will widen if the shortage persists or if transfers slow down.  The sources add that any prolonged disruption to the flow of USD could quickly impact the prices of imported goods& import costs, putting pressure on monetary stability & purchasing power & potentially even affecting public spending if economic pressures escalate.

 

According to a widely circulated economic assessment, the next phase could unfold along three main paths.  The first path involves continued pressure, potentially leading to a rise in the USD's price on the parallel market, increased inflation & disruptions to import chains.

[Luigi1]

Here's an article related to the above...the PetrolYuan gains strength...

 

 

 

De-Dollarization Accelerates As BRICS Yuan Oil Trade Challenges The Petrodollar.

ARTICLE:  Global energy markets begin shifting settlement power away from the U.S.

 

Overview (Key Points):

BRICS nations are accelerating de-dollarization through real-world oil transactions

Economics  India & Iran are leading a shift to Yuan-based energy trade.  Alternative payment systems are scaling rapidly, bypassing traditional dollar channels

The petrodollar system is facing tangible pressure, not just theoretical debate.

 

Key Developments:

1. India Expands Yuan-Based Oil Purchases.

In March 2026, Indian refiners purchased ~60 million barrels of Russian crude

A significant portion was settled in Chinese yuan, bypassing the U.S. dollar

Indian Oil Corporation executed direct yuan payments, eliminating conversion steps

This marks one of the largest single-month moves toward non-dollar oil settlement.

2. Iran Pushes Yuan Through the Strait of Hormuz.

Iran is encouraging oil tankers to trade cargo in yuan through the Strait of Hormuz

The strait handles roughly 20% of global oil flow, making this move highly strategic

Dinar investment reports.

Tolls near $2 million per voyage are being tied to Yuan-based transactions.

Legislation is underway to formalize this policy, reinforcing long-term intent.

3. BRICS Payment Infrastructure Gains Momentum.

The mBridge CBDC platform has processed ~RMB 387.2 billion (~$55B)

95% of transactions are conducted in digital yuan, signaling strong adoption

China’s CIPS system processed ~$245 trillion in yuan transactions in 2025

Central banks continue heavy gold accumulation (1,000+ metric tons annually)

The dollar’s share of global reserves has declined from 71% to 56.3% since 2008

4. Global Sentiment Shifts Against Dollar Dependence.

Russian President Vladimir Putin stated:
‍ ‍“The US has weaponized the Dollar.”

Chatham House analyst David Lubin noted:
‍ ‍Rising concern over Dollar weaponization is driving countries to diversify.

This perception is becoming a core driver behind de-dollarization efforts globally.

 

Why It Matters:

The shift is no longer theoretical.
Real barrels of oil are now being traded outside the dollar system.

-Energy markets are historically the backbone of dollar dominance.

-Moving oil trade into yuan and local currencies directly challenges that foundation.

-Payment infrastructure like CIPS and mBridge reduces reliance on Western systems.

This represents a structural shift in how global trade is settled.

 

Why It Matters to Foreign Currency Holders:

-A multi-currency world increases the importance of currency diversification

-The U.S. dollar may remain dominant, but its monopoly is weakening

-Yuan, regional currencies, and commodities (like gold) gain relevance

-Currency holders should watch:

-Energy trade settlement trends.

-Central bank reserve shifts.

-Expansion of BRICS financial systems.

This is how value begins redistributing across currencies globally.

 

Implications for the Global Reset:

Pillar 1: Monetary System Transition

The system is evolving toward a multi-polar currency structure  The Dollar, Euro & Yuan may emerge as regional anchors of influence.

Pillar 2: Infrastructure Before Currency Shift.

Systems like mBridge and CIPS are laying the groundwork first.  This confirms that payment rails change before reserve status does.

The reset is not a single event—it is a phased restructuring already underway.

 

Closing Insight:

The dollar still dominates global finance—for now.  But energy trade is the front line & that front line is shifting.

When oil moves, the system moves.

[Luigi1]

Here's another article of GCR intersts...right on the cusp of that...

 

 

Steve:   Right On The Cusp Of that.

ARTICLE:  Things from a PR perspective are not looking very good for Donald Trump If the Republicans lose the midterms in November, there’s a high probability they’re going to try to impeach Donald Trump.

 

Either Trump knows something we don’t know or everything we’re seeing is really what meets the eye. 

 

I tend to believe Donald Trump is a lot smarter than people give him credit for.

I have a hard time believing he didn’t know what was going to happen with this Iran war.

 

I’m actually more optimistic right now than I ever have been before.  The war with Iran & is putting immense pressure on the country of Iraq.

 

It’s expelling a lot of the Iranian influence.  That held them back.

 

We’re seeing Trump directly installing US delegation into Iraq.  The USA is getting directly involved which is what we all want to see especially those of us who have a vested interest in the Iraqi Dinar revaluation.

 

I was always of the belief Iran had to be dealt with in order for Iraq to be able to rise up.  I think we’re right on the cusp of that. 

[jabez777]

I agree with you Luigi1. He is smart.  I truly believe it is the Art of the Deal.  He already gave us a clue that this July 4, would be an eye opener.