Monday, May 26, 2025

FRANK26….5-23-25….ALOHA PART 2

The Sudanese Ministry of Finance directs the Ministry of Finance to prepare the budget tables for approval, amounting to 140 trillion dinars.

The Sudanese Ministry of Finance directs the Ministry of Finance to prepare the budget tables for approval, amounting to 140 trillion dinars.

The Finance Committee of the Iraqi Parliament revealed on Monday that Prime Minister Mohammed Shia al-Sudani directed the Ministry of Finance to prepare budget tables in preparation for its approval.

Committee member Moeen Al-Kadhimi told Shafaq News Agency, "Last week, Al-Sudani directed the Ministry of Finance to prepare the 2025 budget schedules in preparation for its approval by the Council and sending it to Parliament."

Al-Kadhimi added, "The Ministry of Finance prepared the investment side of the budget months ago, amounting to 25 trillion dinars. The Ministry of Finance is currently expected to complete the operational side of the budget, estimated at approximately 115 trillion dinars. "

He explained that "the budget tables amount to 140 trillion dinars, which will be sufficient to run the state during the remaining months of the year, including salaries for employees and retirees, social welfare, other aspects, oil extraction costs, and ongoing investment projects."

The Finance Committee member continued: "It has become imperative for the Ministry of Finance to prepare the budget tables, approve them in the Council of Ministers, and submit them to the House of Representatives next June." link

ABU SNWE: This is the policy of mobilizing the street to bring down the failed and illegitimate regime

ABU SNWE

Who remembers my words from a few months ago? This is the policy of mobilizing the street to bring down the failed and illegitimate regime.

Angry night demonstrations and road closures in the Manathira district, south of Najaf, to demand services. People in Iraq are losing their shit because they do not have electricity x.com/onenewsiq/stat…

Kerrie Ann Thornton: All Rates are on the Forex and fluxing in value!! ‪@DINARREVALUATION‬ #iraq

US Secretary Of State Praises Masrour Barzani And Supports A Strong And Stable Kurdistan

US Secretary Of State Praises Masrour Barzani And Supports A Strong And Stable Kurdistan

The US State Department commended Kurdistan Regional Prime Minister Masrour Barzani for settling contracts with US companies, affirming Washington's strong support for the Kurdistan Region as a cornerstone of the relationship with Iraq.

This came during a meeting between Secretary of State Marco Rubio and Barzani on Friday (May 23) in Washington, D.C., where they discussed opportunities to enhance trade and investment between the United States and the Kurdistan Region, according to a statement by State Department Spokesperson Tammy Bruce issued this morning (May 24).

Rubio praised Barzani's steps to expand natural gas production through settling contracts with US companies, considering this step to enable Iraq to move closer to energy independence. The two sides also stressed the importance of protecting the rights of religious and ethnic minorities in Iraq and Syria.

This meeting follows the signing of two major contracts in Washington, worth $110 billion, between the Ministry of Natural Resources in the region and the companies Western Zagros and HKN Energy, which were attended by Prime Minister Barzani on May 19.

For its part, the Iraqi Oil Ministry announced its rejection of these contracts, to which Barzani commented, "We hope these positions will be reviewed in a way that serves the interests of all Iraqis. The more flexibility Baghdad shows, the clearer our good intentions and shared endeavors will become." https://www.radionawa.com/all-detail.aspx?jimare=41901

TIDBIT FROM SANDY INGRAM

Sandy Ingram

The State Bank of Vietnam continues to manage the currency tightly allowing only gradual movements...

The VND is expected to see a modest depreciation potentially reaching 26,940 per dollar by year end.

This is driven by continues US dollar strength, US tariffs on Vietnamese exports and Vietnam's strategy to maintain export competitiveness through a slightly weaker dong.

In other words it is a financial strategy for Vietnam to keep its currency low. Let's hope Iraq does not develop the same habit.

Iraq is no longer hinting!! ‪@DINARREVALUATION‬ #iraqidinar #iraq

During His Meeting With Two US Senators, The Foreign Minister Said: Iraq Is Working Rapidly To Achieve Self-Sufficiency And Energy Independence

During His Meeting With Two US Senators, The Foreign Minister Said: Iraq Is Working Rapidly To Achieve Self-Sufficiency And Energy Independence

Saturday, May 24, 2025, | Politics Number of readings: 115 Baghdad / NINA / Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein affirmed that Iraq is working at an accelerated pace to achieve self-sufficiency and independence in the field of energy.

The Ministry of Foreign Affairs said in a statement: "The Minister met with two members of the US Senate, Independent Senator from Maine Angus King, and Republican Senator from Oklahoma James Lankford. During the meeting, a number of issues of common interest were discussed.

The two senators congratulated Iraq on the success of hosting the recent Arab Summit in Baghdad, and stressed that they had noticed a significant improvement in the level of stability within the country."

The Minister stressed that Iraqi-American relations are strategic relations that extend from partnership in the war on terrorism, to cooperation in reconstruction, and enhancing stability in the region, in addition to other vital areas including the energy and education sectors, noting Iraq's aspiration to expand the horizons of these relations, and increase the presence of American companies to benefit from promising investment opportunities, and contribute to construction and development efforts.

The Minister affirmed that Iraq is working at an accelerated pace to achieve self-sufficiency and energy independence by investing in associated gas, enhancing electricity interconnection projects with neighboring countries, and exploring new gas fields.

This will make it a gas-producing country, in addition to being a major oil producer. In this context, he called on specialized American companies to invest in this strategic sector.

He pointed out that Iraq is preparing to hold its sixth legislative elections in November of this year, which reflects the consolidation of the democratic experience among the population and contributes to achieving stability and reconstruction.

At the same time, he expressed his regret that a number of Western countries continue to classify Iraq as a high-risk country in travel advisories for their citizens. This negatively impacts the entry opportunities for foreign companies and hinders the development of tourism and cultural exchange.

On the other hand, the two sides affirmed that the terrorist organization ISIS continues to pose a major threat to countries in the region and the world alike, emphasizing the importance of unifying international efforts to eliminate it and prevent its return.

They also discussed developments in the ongoing negotiations between the United States and Iran, agreeing that dialogue is the best way to resolve outstanding issues, achieve stability, and avoid slipping into escalation and confrontation.

In conclusion, the two sides affirmed their support for a political process in Syria that ensures the establishment of a comprehensive democratic process that expresses the aspirations of the Syrian people and leads to the formation of an elected government that represents the various components of society and preserves their rights. /End https://ninanews.com/Website/News/Details?key=1228777

WOLVERINE : Top U.S. Banks Ready for #IraqiDinar #ZimbabweDollars #VietnamDong Exchange in 2025!

WOLVERINE

Top U.S. Banks Ready for #IraqiDinar #ZimbabweDollars #VietnamDong Exchange in 2025! 💵 Must-See #RV Prep Tips! 🎟️ #GCR #GlobalRest

Where to #Exchange Iraqi Dinar, Dong, Zim, and more in 2025 | Top U.S. Banks Revealed! 📈 💵

1.) Wells Fargo

2.) Case Bank

3.) Bank Of America

4.) Citi Bank

5.) Fifth Third Bank

6,) PNC Bank

These #banks are going to adapt quickly when things shift real fast 💨 in the market! 🔥📈🚀

Preparation starts with organizing your physical #currency, contacting your banks for a future exchanges, make an appointment with a #wealthadvisor, and setting up a meeting in advance!

NADER FROM MID EAST: Do you know Israel is always play victim but they kill everybody

With The Stock Market Closing At The Beginning Of The Week, The Dollar Price Fell In Baghdad And Rose In Erbil

With The Stock Market Closing At The Beginning Of The Week, The Dollar Price Fell In Baghdad And Rose In Erbil

May 24, 2025 Economic Number of reads: 88 Baghdad/ NINA / The dollar prices decreased in Baghdad markets, while they rose in Erbil with the closing of the stock exchange at the beginning of the week.

The dollar prices recorded a decrease with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 141,950 dinars for $100, while this morning it recorded 142,100 dinars for $100.

The selling prices in the exchange sector in the local markets in Baghdad witnessed stability, as the selling price reached 143,000 dinars for $100, while the purchase price reached 141,000 dinars for $100.

In Erbil, the dollar recorded an increase, as the selling price reached 142,200 dinars for every $100, and the purchase price reached 141,800 dinars for $100. /End https://ninanews.com/Website/News/Details?key=1228776

FIREFLY: Sammy says we are soon to expect to hear that the official rate has matched that of the official CBI rate

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:TV is showing...that the President of the United States gave Iran two weeks to remove all of its armed factions from Iraq.

FRANK: In those two weeks we'll gain security and stability...I like the timing.

FIREFLY:Sammy says we are soon to expect to hear that the official rate has matched that of the official CBI rate. That will be our first key, that will be our first clue...Soon after watch for those new lower notes they were threatening you with...

FRANK: Things are moving exactly as they should. This is very exciting. I can't believe they told you that [that they'll come out with new currency if the citizens don't bring in their 3 zero notes to the bank]

MARKZ: When those two came together- we would see a change in value of the dinar!! #iqd #iraqidinar

A Government Advisor Reveals A "Dangerous Paradox" In The Private Banking Sector.

A Government Advisor Reveals A "Dangerous Paradox" In The Private Banking Sector.

Time: 2025/05/24 Read: 3,240 times {Economic: Al Furat News} The Prime Minister's economic advisor, Mazhar Mohammed Salih, affirmed that restructuring the banking sector is a fundamental and important step toward enhancing the stability of the financial system and supporting economic development in Iraq.

Saleh explained in a press statement that this restructuring aims to better organize cash flow management and improve the efficiency of the state's financial liquidity, which will contribute to alleviating financial pressures on the public treasury.

He pointed out that there is a clear division in the banking market, as private banks own more than 78% of capital, but contribute a limited percentage not exceeding 20% of financing and deposit operations.

Saleh stressed that the banking restructuring is a comprehensive process that includes modernizing the infrastructure of government banks, enhancing the efficiency of asset and liability management, and developing governance systems in line with international standards.

He added that these measures will increase the banking sector's ability to effectively contribute to the gross domestic product, expand the scope of financing and lending for development projects, which supports economic growth and reduces dependence on oil revenues.

He emphasized that the current financial and monetary challenges, particularly oil price fluctuations and liquidity pressures, require accelerating the implementation of reforms, including increasing bank capital and modernizing operating mechanisms, to enhance the stability of the banking sector and improve the management of public financial resources.

At the beginning of this year, the Iraqi government announced plans to restructure state-owned banks, most notably Rafidain and Rashid Banks, with the aim of transforming them into more modern and efficient financial institutions capable of meeting the needs of the growing Iraqi economy.

In its session held on January 13, 2025, it also decided to establish a completely new bank based on the latest digital banking technologies, aiming to provide integrated banking services to individuals and companies, both inside and outside Iraq.

This new bank has been named "Rafidain First Bank" and will start with an initial capital of 500 billion Iraqi dinars (approximately $381.8 million), with the goal of reaching a final capital of one trillion Iraqi dinars (approximately $763.7 million). The state's contribution to this capital will be 28%. LINK

MARKZ: When those two came together- we would see a change in value of the dinar!!

EXCERPTS FROM MARKZ

Member: Bank story: Called credit union 5/23 2 ask when credit cards wld be relinked on app (every1 rec’d new tap cc’s in May). I said “this new QFS sys” is gonna b gr8!” She agreed & said it’s coming soon!

MZ: “US State Department SPOX (spokesperson?) hails Kurdistan regions $100 billion energy deals with American firms” This is coming at a key time.

MZ: We also have “US Department of State Secretary Rubio and Barzani at Friday 1:30 pm est and 8:30 pm Erbil” they met in the US and they had two different meetings I was told. It was hailed as a “breakthrough” for oil to start flowing from that region and for them to settle all disputes between Baghdad and the Kurdish region.

Member: MarkZ, please enlighten us regarding what must still happen before we RV.

MZ: I was told over a decade ago that when those two came together- we would see a change in value of the dinar. That is why I watch this.

MARKZ: Iraq contact heard $3.48 for sat night to sun morning kick off! #iraqidinar #iqd

FRANK26: "FORE !!!"

KTFA

FRANK26: "FORE !!!"..........F26

Vietnam's PM and Eric Trump break ground on $1.5B luxury golf resort amid US tariff talks

5/21/2025

Vietnam's prime minister and U.S. President Donald Trump's son Eric held a groundbreaking ceremony on Wednesday for a $1.5 billion luxury residential development with three 18-hole golf courses outside Hanoi.

EXCERPTS FROM MARKZ: Iraq contact heard $3.48 for sat night to sun morning kick off

EXCERPTS FROM MARKZ

Member” Bank Screen at SouthState Bank says: Due to system maintenance as we welcome Independent Financial customers services may be temporarily unavailable Saturday and Sunday...!!!!

MZ: Memorial Weekend is a crazy time to make it unavailable.

Member: Not slow according to Bruce it’s going down today since it didn’t yesterday. He also stated this is for real it’s this weekend.

Member: A friend that got me into this has their Iraq contact that they heard 3.48 for a sat night to sun morning kick off

FIREFLY: the dinar is gaining against the dollar in our country. @DINARREVALUATION #iraq #iqd

Nuclear talks fizzle: Iran-US hopes fade

Shafaq News/ Hopes for a breakthrough in the ongoing nuclear talks between Iran and the United States appear to be fading, as momentum from earlier rounds has cooled and the latest session ended with only modest progress. While some diplomats speak of cautious optimism, Iranian officials and analysts are expressing growing frustration, pointing to what they see as Washington’s increasingly rigid demands.

The fifth round of indirect negotiations, hosted by Oman at its embassy in Rome, wrapped up on Friday. Iranian Foreign Minister Abbas Araghchi described the meeting as “the most professional,” highlighting a “clearer understanding from the American side of the Iranian position.” Oman’s Foreign Minister, Badr al-Busaidi, acknowledged progress, though he stopped short of calling it decisive. A date for the next round has yet to be announced.

These Muscat-based talks—conducted through intermediaries—have emerged as one of the last surviving diplomatic backchannels between Tehran and Washington. Their importance has only grown since the collapse of the 2015 Joint Comprehensive Plan of Action (JCPOA), the landmark agreement that once placed strict limits on Iran’s nuclear activity. That deal, signed under President Barack Obama, imposed a cap of 3.67% on uranium enrichment and limited Iran’s stockpile to 300 kilograms. But following the US withdrawal under President Donald Trump in 2018, Iran has ramped up its enrichment levels to 60%—dangerously close to weapons-grade.

Fading Hope

Inside Iran, there is a growing sense that the talks are drifting off course. Saeed Sharoudi, a Tehran-based expert on Iranian affairs, noted a clear shift in the mood of Iran’s negotiating team.

“The enthusiasm we saw in the early rounds has worn off,” Sharoudi explained to Shafaq News, adding that the team feels Washington’s stance contradicts earlier claims of readiness for a fair deal that would lift sanctions.

That shift, according to Sharoudi, is rooted in Washington’s continued imposition of new sanctions during the negotiations. “The United States, it seems, wants a one-sided agreement,” he remarked, where Iran halts its nuclear activity while sanctions remain untouched.

More than 1,500 US sanctions have been reimposed on Iran since 2018, targeting banking, shipping, and the energy sector. The pressure caused Iran’s economy to contract sharply, shrinking by over 6% immediately after the US exit from the JCPOA. Although there was some recovery in 2023 due to deepening trade ties with China and Russia, Iran’s access to global financial markets remains limited, fueling domestic discontent.

Sharoudi added that Washington’s position appears aimed at dismantling Iran’s nuclear ambitions altogether. “The demand to reduce uranium enrichment to zero is something Tehran cannot agree to,” he explained. For Iran, such a step would incapacitate its nuclear infrastructure. “Without enriched uranium, the facilities would effectively shut down,” he said, warning that the consequences would be far-reaching.

There is growing skepticism within the Iranian political class that the US genuinely wants a solution. “Iran is beginning to understand that the US is not genuinely seeking a solution to the nuclear file,” Sharoudi observed. Instead, he believes Washington’s promises to lift sanctions and welcome Western companies mask deeper intentions to undermine the entire program.

Race Against Time

Across the Atlantic, time is shaping up to be a critical factor, especially for the White House. Haitham al-Hiti, Professor of Political Science at the University of Exeter in the UK, believes the clock is ticking more loudly in Washington than in Tehran. “The timing will settle everything,” he remarked to Shafaq News, noting that the US administration is working on a faster timeline than Iran’s.

For President Donald Trump, speed is of the essence. “Trump does not want two years of his administration to pass without resolving these issues,” al-Hiti said, pointing to the pressure of looming elections. “Failure to reach a deal could weaken Trump in Congress and limit his ability to make major decisions,” he added. “He’s unlikely to let a full year go by without taking decisive steps.”

With Republicans currently holding the House and Democrats maintaining a narrow edge in the Senate, the midterm elections in November 2026 could dramatically shift power dynamics. Trump, who returned to office in January 2025, has made a new Iran deal one of his foreign policy priorities—but divisions within his administration over how far to go remain unresolved.

That sense of urgency, al-Hiti noted, is something Tehran is trying to exploit. “The Iranians are playing on this matter,” he said. “They give promises, delay responses, and try to stretch the talks over two years, hoping the Democrats will return to Congress and the Senate, weakening Trump’s hand.”

Two rounds left?

Aqil Abbas, an expert in US political affairs, pointed to a narrowing window for action. “Trump spoke of a negotiation ceiling of about two months,” Abbas mentioned in comments to Shafaq News. “I believe there may be only two sessions remaining before a decision must be made.”

Abbas contrasted this approach with past strategies. “Trump and the Europeans want to avoid the drawn-out process of previous talks, which lasted nearly a year and a half without results,” he explained. Europe appears aligned with Trump’s push for a faster resolution. A recent EU statement urged an “urgent restoration of full JCPOA compliance” while recognizing that “adaptations may be required in light of new realities.”

The US president, Abbas noted, is seeking to secure a result quickly, leaving time to measure its effectiveness. “An agreement is expected. What remains is the form in which it will be presented.”

Concessions on the table

While both sides remain tight-lipped about specifics, Abbas predicted that any deal will likely depend on Iranian compromises, especially on uranium enrichment. “The agreement will likely involve major Iranian concessions on enrichment,” he assessed. In exchange, the US may offer broad economic relief—possibly a full lifting of sanctions.

He emphasized the stakes: both sides, he believes, are trying to avoid conflict. “The most important thing is that both sides steer clear of military options or war. And that is a positive outcome.”

DINAR REVALUATION