During its 281st meeting, the Shia Coordination Framework stressed the need to accelerate the formation of Prime Minister Ali Faleh al-Zaidi’s cabinet and reviewed recent discussions with the U.S. President’s new team.
IRAQ PUSHES TO COMPLETE ITS GOVERNMENT – A KEY STEP TOWARD ECONOMIC STABILITY? 🇮🇶📈
During its 281st meeting, the Shia Coordination Framework emphasized the urgent need to complete Prime Minister Ali Faleh al-Zaidi's cabinet and reviewed recent discussions with representatives of the new U.S. administration.
Why is this important?
A fully formed government sends a strong signal of political stability, both to Iraqi citizens and to international partners. Investors, financial institutions, and foreign governments prefer to work with a government that is complete, functional, and capable of implementing reforms. The faster Iraq finalizes its cabinet, the faster it can move forward with economic policies, anti-corruption measures, investment projects, and financial modernization efforts.
From a monetary perspective, political stability is one of the foundations needed to support confidence in the Iraqi banking system and the Iraqi dinar. A government that can enforce laws, manage revenues, secure borders, and oversee customs collections creates a stronger environment for economic growth and currency confidence.
My Opinion:
I believe Iraqi leaders understand that time is of the essence. They need a fully completed cabinet before appearing in Washington in July so they can present a united front to President Trump and demonstrate tangible progress. Iraq needs to show that it can function as a sovereign nation capable of reducing corruption, controlling illegal weapons, limiting the influence of Iran-backed militias, and enforcing the rule of law.
In addition, the implementation and acceptance of the ASYCUDA customs system gives Iraq a powerful tool to better manage imports, exports, tariffs, and border revenues. Combined with stronger security and government oversight, this could significantly improve transparency and increase non-oil revenues.
The message Iraq appears to be sending is clear: a stable government, stronger institutions, better customs control, and greater economic independence. The coming weeks could be critical as Iraq seeks to demonstrate that it is ready to operate as a fully sovereign and economically modern nation.
Bruce discussed global events, including President Trump reportedly working on peace agreements with Iran. He also mentioned Cuba preparing for change, as well as developments involving Ukraine and Russia.
Regarding current events, Bruce stated that the Strait of Hormuz is reopening and oil tankers are moving through the area, which is reportedly being monitored and possibly controlled. He added that if the peace agreement were to fail, President Trump has indicated that military action against Iran remains an option, although Bruce emphasized that such action is not desired. He expressed hope that negotiators will do what is best for the Iranian people.
Moving on to Iraq-related topics, Bruce discussed the latest information being shared with The Big Call audience.
Where Are We Now?
On Tuesday, sources suggested a possible rollout on Friday or Saturday. However, more recent information points to Monday, June 22, as the likely start date for notifications.
Another strong source indicated that activities must begin Monday, Tuesday, or Wednesday, with exchanges potentially taking place on June 24 or 25. At this point, it appears unlikely that anything will occur this weekend, with the overall objective still being completion before the end of June.
According to another source, the first 1.2 million individuals to receive notifications would be ZIM holders. These individuals would reportedly receive appointment notifications by email and then proceed to exchange centers.
Bruce stated that anyone holding other currencies should bring those currencies along with their ZIM. He expressed hope that ZIM holders would begin appointments early next week.
Bruce also mentioned that President Trump has signed several Executive Orders, including one that would reportedly eliminate the IRS and replace it with an External Revenue Service funded through tariffs. He added that tariff-related dividends are expected at some point, although he does not anticipate them occurring before notifications are received, as other aspects of NESARA would also need to be implemented.
Bruce stated that XRP is now fully active and that large amounts of money are reportedly moving through the QFS (Quantum Financial System), with tens of billions of dollars being transferred every eight seconds. He said that this capability would become available to participants during their exchange appointments.
According to Bruce, the Clarity Act, which includes provisions related to XRP, is expected to be announced on July 4. He believes that, for all practical purposes, the process is already complete and that several positive announcements could be made on that date.
Beginning July 1, Bruce expects a national consumption tax to take effect. This tax would apply only to the purchase of new goods, not food, medicine, or used items, and would reportedly range between 12% and 14%, included in the purchase price. He stated that this system would replace the concept of income tax.
Under NESARA, Bruce claims there would be no federal income tax, personal income tax, property tax, or real estate tax. He believes that any official announcement regarding these changes would likely occur on July 4.
In conclusion, Bruce stated that notifications are expected on Monday, Tuesday, and Wednesday, with the overall process anticipated to be completed before the end of June.
Habla de eventos mundiales donde el presidente Trump está firmando acuerdos de paz con Irán. Habló de Cuba preparándose para el cambio, así como de Ucrania y Rusia. Más allá de estas cosas que están sucediendo: el estrecho de Ormusz se está abriendo y los petroleros están entrando, estamos monitoreando tal vez controlando el estrecho. El acuerdo de paz "se va al sur" el presidente Trump dice que "bombardeará ya saben qué de Irán" por supuesto que no quiere hacerlo, pero no está exento de hacerlo.
Espera que los negociadores hagan lo correcto para el pueblo de Irán. Estamos entrando en Irak con la Gran Llamada. DÓNDE ESTAMOS: El martes, tuvimos gente que nos dijo sobre un lanzamiento el viernes y el sábado.
Ahora escuchamos que es más probable por una fuente que dice el lunes 22 de junio para el inicio de las notificaciones. También escuchamos de una fuente fuerte que TENEMOS que poner en juego el lunes, martes o miércoles e intercambiar el 24 o 25 de junio. Parece que no sucederá este fin de semana y el objetivo es hacerlo antes de finales de junio. Otra fuente dice que el primer millón 200 mil sería notificado primero. ¡Estos son los poseedores de ZIM! Recibirían citas por correo electrónico primero y llegarían a los centros de canje.
Si tiene otras monedas, como poseedor de ZIM, lleva sus ZIM y monedas consigo. Esperemos que los poseedores de ZIM vayan a principios de la próxima semana. El presidente Trump ha firmado algunas órdenes ejecutivas y una fue para ABOLIR el IRS y ya no usar el IRS, sino más bien el Servicio de Impuestos Externos (donde entran los aranceles). Esperamos dividendos arancelarios en cualquier momento, pero no vemos esto suceder hasta que recibamos nuestras notificaciones, ya que otros aspectos de Nesara también entrarían en vigor.
Tenemos XRP en vivo, ¿desde ayer? y están moviendo mucho dinero a través del sistema QFS, decenas de miles de millones de dólares cada 8 segundos, y la capacidad estará disponible para nosotros cuando estemos en nuestro exchange. La Ley Clarity, de la cual XRP forma parte, se anunciará el 4 de julio.
Bruce cree que, a efectos prácticos, ya está hecho. Deberíamos recibir varias noticias positivas el 4 de julio. El 1 de julio, esperamos que entre en vigor el impuesto al consumo, un impuesto sobre la compra de artículos nuevos, NO sobre alimentos, medicamentos ni artículos usados, sino solo artículos NUEVOS, entre el 12 y el 14% incluido en el precio de los bienes. Esto sustituirá la idea del impuesto sobre la renta. Bajo Nesara, no tenemos impuesto federal sobre la renta, impuesto personal ni impuesto sobre la propiedad, ni impuesto sobre bienes inmuebles. ¿Cuándo se anunciará esto?
Bruce cree que este anuncio debería producirse el 4 de julio. Esperamos las notificaciones los lunes, martes y miércoles, y deberíamos tenerlo listo antes de finales de junio.
🚨🇮🇶 Iraq Launches Major Border and Customs Reform to Combat Corruption 🇮🇶🚨
In a significant move aimed at strengthening national security, improving customs enforcement, and tackling corruption, Iraqi Prime Minister Ali Al-Zaidi has issued a series of directives targeting border crossings, ports, customs operations, and security agencies throughout the country.
The measures are among the most comprehensive border-control reforms announced in recent years and appear designed to close loopholes that have long been associated with smuggling, illegal crossings, corruption, and the trafficking of prohibited materials and narcotics.
Key Measures Announced
Under the new directives, all employees working at border crossings are to be rotated within 48 hours without exception. The government has also ordered the Ministry of Interior and the Border Forces Command to close all unauthorized land and sea border routes while simultaneously rotating brigade and unit commanders responsible for border security.
In addition, all officers, personnel, and employees assigned to the Border Crossings Authority are to be returned to the Ministry of Interior within 48 hours. This measure is intended to restructure oversight and accountability throughout the system.
Security and intelligence agencies have also been instructed to play a more active role in monitoring ports and border crossings. Their mission will be to prevent the movement of prohibited goods, contraband, and narcotics while providing regular intelligence reports directly to border authorities. Significantly, these agencies will bear legal responsibility in the event of security breaches or illegal crossings.
The General Customs Authority has likewise received strict instructions to conduct detailed inspections of all imported goods entering Iraq. No truck will be permitted to pass through border checkpoints without being unloaded and thoroughly inspected to verify the contents of its cargo.
Why These Reforms Matter
Border crossings and customs operations have historically been vulnerable to corruption, smuggling networks, and weak enforcement mechanisms. Illegal trade routes not only deprive governments of revenue but can also facilitate the movement of weapons, narcotics, and other prohibited materials.
By rotating personnel, increasing accountability, strengthening intelligence oversight, and enforcing stricter customs inspections, the Iraqi government is signaling that it intends to take a tougher approach toward these long-standing challenges.
Supporters of the reforms argue that reducing corruption at ports and border crossings can help increase government revenues, strengthen national security, improve investor confidence, and enhance Iraq's reputation on the international stage.
My View
The screws are finally being tightened.
These measures appear to be a serious attempt to address corruption and inefficiency within critical parts of Iraq's border and customs infrastructure. For years, many observers have argued that meaningful reform requires not only stronger laws but also stronger enforcement and accountability.
Rotating personnel, closing illegal routes, increasing intelligence monitoring, and requiring thorough inspections of imported goods are all steps that could make it more difficult for corrupt networks to operate.
I believe Iraq is moving in the right direction. Strong borders, transparent customs procedures, and accountability within security institutions are essential building blocks for a stable and prosperous country.
This is the kind of action many people have been waiting to see. It also aligns with the expectations of international partners, including the United States, which have long encouraged stronger anti-corruption measures, better border management, and greater institutional transparency in Iraq.
Of course, the real test will not be the announcement itself but the implementation. If these directives are enforced consistently and without political interference, they could represent an important step toward strengthening the rule of law and restoring public confidence in government institutions.
For now, the message coming from Baghdad is clear: corruption, smuggling, and weak oversight are being challenged more aggressively than before, and Iraq appears determined to tighten control over its borders and customs system.
Prime Minister Ali Al-Zaidi's directives regarding ports and customs: Rotate all employees at border crossings without exception within 48 hours.
Oblige the Ministry of Interior - Border Forces Command to close all gaps and unauthorized border roads, both land and sea, while rotating all brigade and unit commanders in the Border Forces Command.
Return all officers, affiliates, and employees assigned to work in the Border Crossings Authority to the Ministry of Interior, with separation to occur within 48 hours and without exception.
Oblige security and intelligence agencies to fulfill their role within the port and monitor to prevent the passage of any prohibited materials or narcotics through all border crossings, and to submit periodic reports directly to the Border Port Director in his capacity as head of the intelligence cell; these agencies shall bear legal responsibility in the event of any security breach or illegal crossing.
Oblige employees of the General Customs Authority to conduct precise inspections on all imported goods into the country without exception, and to not allow any truck to pass without conducting unloading and verifying details of the cargo.
Definitely the top 5 or 6 banks are going to be doing this. That's Chase, Citi, Bank of America, Wells Fargo, Goldman Sachs...also PNC, Capital One, US Bank and there may also be regional banks...Credit Unions probably won't exchange foreign currencies.
Most of them do not. Some of them do...Credit Unions are member owned...You definitely want to shop...you get the wealth manager contact from three major banks. You say, 'I have roughly $10 million in foreign currency. I want to exchange them. What's your spread and are you going to charge me any fees?' You go shopping just like you would for a car.
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🏦💵 Which Banks Could Handle Large Iraqi Dinar Exchanges If a Revaluation Occurs?
One interesting point being discussed within the Dinar community is which financial institutions might be prepared to handle large foreign currency exchanges if Iraq were to implement a significant monetary change in the future.
The belief is that major U.S. banks would likely be at the forefront due to their international banking operations, foreign currency capabilities, wealth management divisions, and global infrastructure. Institutions often mentioned include:
🏦 JPMorgan Chase 🏦 Citigroup 🏦 Bank of America 🏦 Wells Fargo 🏦 Goldman Sachs 🏦 PNC Financial Services 🏦 Capital One 🏦 U.S. Bancorp
The idea is that if someone were holding a substantial amount of foreign currency, they would not simply walk into the nearest branch without first doing their homework.
💡 The advice often shared is to "shop around."
Just as you would compare prices when buying a car, you would compare banks before exchanging a large currency position. Questions to ask might include:
✅ What exchange spread are you offering? ✅ Are there any fees?
✅ Do you provide private banking or wealth management services? ✅ What investment opportunities are available after the exchange? ✅ Can you negotiate a better rate for larger amounts?
Many believe that credit unions may not play a major role because most do not regularly deal with foreign currency exchanges, although some exceptions could exist depending on the institution.
📈 If a future monetary event involving the Iraqi dinar were to occur, the real competition may not be about whether banks will exchange it, but rather which institutions offer the best overall package, the lowest fees, the best exchange terms, and the strongest wealth management services afterward.
🚀 For many Diarians, the exchange is only the beginning. The real goal is protecting and growing wealth once the transaction is complete.
🚨🇮🇶 A Major Shift Could Be Coming for Iraq... and the Iraqi Dinar! 💵🔥
A new report suggests that Iraqi Prime Minister Ali Al-Zaidi's upcoming visit to the White House in July could be far more than a routine diplomatic meeting. Analysts believe this visit may mark the beginning of a new chapter in U.S.-Iraq relations, focused on economic reform, investment, security, banking modernization, and monetary policy.
According to the report, discussions are expected to include major issues such as reducing corruption, restructuring parts of Iraq's banking sector, attracting foreign investment, stabilizing exchange rates, and strengthening Iraq's financial independence. Some analysts even highlighted the need to liberalize Iraq's monetary system and reduce the impact of the parallel dollar market that has affected Iraqi citizens for years.
Another key topic is the effort to strengthen Iraqi sovereignty by bringing all armed groups under state control and creating a more stable environment for economic growth and international investment. Many believe these reforms are essential if Iraq wants to become a stronger regional economic power.
💡 In my opinion, one of the most important parts of this entire story is that they are openly discussing monetary reform and the future of Iraq's financial system. For years, many of us have been waiting to see Iraq move toward greater monetary independence and a stronger role for the Iraqi dinar.
The more Iraq breaks away from dependence on the dollar, modernizes its banking sector, and liberalizes its monetary system, the closer it moves toward unlocking the true potential of its national currency. 🇮🇶💵
🚀 Dinarians, pay attention! The conversation is no longer just about security and politics—it is increasingly about economic reform, monetary liberalization, and the Iraqi dinar itself.
🔥 The signs continue to build. We may be watching the early stages of a transformation that many have anticipated for years.
Final signing at the White House... Al-Zaidi to launch a "second Iraq" in mid-July
Barak's plan: Baghdad as the heart of a "new Middle East"
Ali al-Zaidi is close to setting a political precedent that could make him one of the fastest Iraqi prime ministers to reach the White House after assuming office.
His anticipated visit to Washington in mid-July is not seen as a mere protocol visit, but rather as an attempt to inaugurate a new phase in the relationship between Baghdad and Washington, more than two decades after the 2003 regime change in Iraq.
Political assessments suggest that the visit represents an opportunity to restructure the relationship between the two countries on different foundations, transcending the legacy of past years and opening the door to broader cooperation on energy, economic, and security issues.
However, according to observers, this path will not be without obstacles, given the continued influence of Iran and armed factions in the Iraqi landscape.
The Iraqi government announced last Monday that al-Zaidi would visit Washington in mid-July at the invitation of US President Donald Trump, shortly after US envoy Tom Barrack's visit to Baghdad, which was accompanied by leaks that sparked widespread interest regarding issues of weapons, corruption, and the future relationship between the two sides.
Academic and political analystMohammed Naanaa believes that Tom Barrack's meeting with al-Zaidi was a crucial step in preparing for the anticipated visit.
Naanaa told Al-Mada that the details of the visit were discussed during the meeting, including the issues mentioned in the Prime Minister's office statement. These issues pertain to the complete disarmament of Iraqis, the consolidation of all armed groups under the command of the Commander-in-Chief of the Armed Forces, the expansion of the American presence in Iraq, particularly for companies operating in the southern oil fields, and the granting of significant licenses to Starlink.
He added that these indicators, in his opinion, reflect an Iraqi alignment with the American vision for the future of the relationship between the two countries. He considers al-Zaidi's visit to be pivotal and the culmination of a series of contacts, dialogues, and reciprocal visits led by Barrack and the US Chargé d'Affaires in Baghdad, leading to what he describes as "the final signing of the new relationship between the two sides."
But Naanaa believes this path will not be without its challenges. He argues that any stability Tehran achieves will prompt it to revitalize its influence within Iraq, and that armed factions may return to exert greater pressure on the power structure, either directly or through their political representatives in parliament and the government.
The researcher emphasizes that Iraq should consider what it stands to gain from this burgeoning relationship, which is expected to culminate in the White House meeting on July 15. He stresses the importance of securing clear American support in three key sectors: banking, energy, and defense. According to Naanaa, Baghdad needs American assistance in acquiring air defense systems to protect the country, and support that will help liberalize the Iraqi monetary system, reduce exchange rate volatility, and mitigate the impact of the parallel dollar on citizens'
livelihoods.
Furthermore, assistance is needed to resolve the gas import crisis for electricity generation through alternative solutions, including floating power platforms. The issues of weapons and sovereignty were also discussed. During their recent meeting in Baghdad, al-Zaidi and Barak emphasized the importance of building a strong and mutually beneficial Iraqi-American partnership.
According to the official statement, the two sides discussed a shared vision for building a "brighter, terrorism-free" future, implementing plans for complete disarmament, dissolving all armed groups and formations operating outside the authority of the state, and ensuring that weapons are solely in the hands of the state and that full sovereignty is established.
They also stressed the need to keep Iraq out of regional conflicts and prevent its territory from being used by any party to threaten security and stability in the region, emphasizing the urgent need to fully achieve these goals.
Iraq at the heart of a new Middle East.
Former diplomat Ghazi Faisal, however, views the visit from a broader perspective that transcends the bilateral relationship between Baghdad and Washington.He tells Al-Mada that the new American initiative, which emerged after Tom Barrack was assigned the Iraq portfolio, is based on major strategic projects, including strengthening coordination and economic integration between Iraq and Syria, ultimately aiming to build a nucleus of regional cooperation that may later include Cairo, Amman, and Beirut, in addition to Baghdad and Damascus.
Faisal believes the region is facing a new phase, especially after what he calls the "historic agreement" to resolve long-standing crises with Iran dating back to 1979. He considers this agreement a precursor to a new Middle East map based on development rather than wars and conflicts.
He adds that Iraq is at the heart of these transformations, and that al-Zaidi's visit could be a starting point for the country's transition from the security, political, and economic chaos that has accompanied the post-2003 era to building a truly democratic state.
He emphasizes that the visit could lay the foundation for deeper economic and investment relations, because, as he describes it, investment is what creates jobs and stimulates the economy, while currently, about 75% of the budget goes to salaries at the expense of development and investment.
Faisal also expects the United States to support Iraq's efforts to combat corruption within ministries, banks, and companies, and to pursue networks involved in smuggling and money laundering.
He points out that the environment created by armed factions and financial corruption in recent years has driven companies and investors to leave Iraq or freeze their projects, which necessitates providing new security and political guarantees to restore confidence in the Iraqi economy.
The visit he concludes, represents an opportunity to review the mistakes made by Washington and Iraqi political parties over the past two decades, and to move Iraq from a failing and declining state to a more stable one, better able to integrate into its regional environment. According to political sources who spoke to Al-Mada, Tom Barrack only arrived in Baghdad after Washington received initial positive signals regarding several demands it had previously conveyed to the Iraqi government.
The sources describe Barrack's visit as pivotal in the course of Iraqi-American relations, considering it the foundation for a new phase, distinct from the period following 2003, based on clear commitments and mutual interests. The most prominent American demands, according to these sources, include the disarmament of all armed factions without exception, preventing their participation in the government, and completing the integration of the Popular Mobilization Forces (PMF) into official security institutions after removing leaders affiliated with armed factions.
The sources indicate that these issues are still under discussion and have not yet been definitively resolved.
The American demands also include closing more than ten banks accused of smuggling dollars and involvement in money laundering, restructuring other financial institutions, expanding anti-corruption measures, and opening the door to broad American and Gulf investments.
According to sources, Washington links the success of these measures to the influx of major investments that Baghdad needs in the energy, infrastructure, and services sectors.
If these conditions are not met, Barak informed Iraqi officials, according to the same sources, that "all options are open," and that the United States will act in accordance with its interests.
Compared to his predecessors, if the visit takes place as scheduled, al-Zaidi will be one of the fastest Iraqi prime ministers to reach the White House.
Only Nouri al-Maliki rivals him in this regard, having visited Washington four times during two terms, with his first visit coming just two months after assuming the premiership. In contrast, Mohammed Shia al-Sudani waited about 17 months before meeting former US President Joe Biden, amid American reservations and internal complications.
For his part, Ahmed al-Yassiri, an Iraqi political analyst residing in Australia, believes that focusing on the speed or timing of the visit does not reflect its true importance.
He tells Al-Mada that al-Zaidi did not request the visit, but rather received an invitation from the US administration. Therefore, linking its significance to the time elapsed since his assumption of office is inaccurate.
He adds that the visit's true importance lies in providing the Iraqi political system with American backing during a sensitive regional period, and in restructuring the relationship between Baghdad and Washington amidst the ongoing transformations in the region, particularly concerning the Iranian issue and the redrawing of security and political alliances.
Al-Yassiri, who also heads the Arab-Australian Center for Strategic Studies, believes the visit will also exert internal pressure on the Iraqi government to present a realistic program regarding investment and the entry of American companies, in addition to ensuring the continued flow of Iraqi funds and preventing the country from being exposed to the risks of US sanctions.
He emphasizes that these issues will shape the features of the next phase, regardless of al-Zaidi's ability to achieve quick results or immediate breakthroughs.
Political support or practical results?
Munqith Dagher, Middle East and North Africa director and a member of the board of directors of Gallup International, views the visit as more of a message of political support than an exceptional event.
He tells Al-Mada that the visit carries a ceremonial dimension for al-Zaidi and represents an American attempt to demonstrate its support for the Iraqi Prime Minister, especially since Washington—in his estimation—played a key role in his rise to power through Tom Barrack.
Dagher believes the timing might have been better had it been delayed slightly, but he acknowledges that American motives dictated the visit's timing. He adds that it wouldn't be a negative development if al-Zaidi succeeds in using the opportunity to raise important Iraqi issues and secure greater American support on vital matters.
He concludes by saying that the true measure of the visit will depend on its actual outcomes: will it remain within the realm of protocol and political messaging, or will it become a starting point for genuine progress on the outstanding issues between Baghdad and Washington? link
