Wednesday, August 13, 2025

⚡️ Iraq on the Edge: Bonds, RV & Global Reset—Only Days Away!

 


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💥 Iraqi Banking Crisis: 10 Banks Fail to Return Deposits, 80% of Currency Held Outside Banks

💥 Iraqi Banking Crisis: 10 Banks Fail to Return Deposits, 80% of Currency Held Outside Banks

(August 12, 2025 | Baghdad Today)

⚠️ Key Points:

  • 80% of Currency Outside Banks:
    Central Bank Governor Ali Al-Alaq confirms that about 80% of Iraqi currency is kept outside banks, mostly in homes, due to low public confidence in the banking system.

  • Banking Reform Plan 2025:
    The Central Bank’s 2025 reform document aims to modernize Iraqi banks to meet international standardsand attract global partnerships.

  • Partial Resistance, Major Collapse:
    Only 10% of banks have expressed reservations about the reform plan.
    Meanwhile, 10 banks face liquidation because they cannot return customer deposits

    .

  • Strategic Reform Effort:
    The reform is seen as a critical step to rebuild trust and fix long-standing issues in the banking sector.

Source: Baghdad Today

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🔥 Frank26 Iraq Boots-on-the-Ground Report: Currency & Banking Reform Update

🔥 Frank26 Iraq Boots-on-the-Ground Report: Currency & Banking Reform Update

⚡ Key Highlights:

  • 80% of Currency Outside Banks:
    Central Bank Governor Al-Alaq confirmed on TV that 80% of Iraqi currency is held outside banks, highlighting the deep lack of public trust in the banking system.

  • Currency Value is Key:
    Frank26 emphasizes that the only way to bring that currency back into the system is by increasing the value of the Iraqi dinar.

  • Banking Reforms Promised to Boost Value:
    Finance Minister Sudani recently stated that ongoing banking reforms will raise the Iraqi dinar’s value.

  • Past Promises Missed:
    Last year, Sudani promised that the dinar would gain purchasing power  before the end of the year, but it didn’t happen.

  • Hope on New Leadership:
    In January 2025, Iraq got a new president, which many believe was the missing piece needed to push reforms forward.

📲 Stay Updated with Us:

 Frank26

  [Iraq boots-on-the-ground report]   

FIREFLY:Alaq on TV saying on the news conference that 80% of our currency is held outside of our banks.  It's no longer an issue with what we hold inside of Iraq.

FRANK: The only way to get that 80% back is by lifting the value or your currency...

FIREFLY: Sudani came back on television and he said the banking reforms will raise the value of the Iraqi dinar. 
 
FRANK:  Last year he said before the end of the year your currency will have purchasing power and it will have value added to it.  It didn't happen...Then in January of this year, who became president?  All we needed was a new president...
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🚨 "Dinar Shake-Up: U.S. Tightens Grip – Is Trump Accelerating the RV?" 🇮🇶⏳

 


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💥 A Banking Disaster: 10 Iraqi Banks Under the Guillotine!

💥 A Banking Disaster: 10 Iraqi Banks Under the Guillotine!

(Highlights – August 13, 2025)
Source: Al-Mustaqillah

⚠️ Key Highlights:

  • 🔻 10 Banks Liquidated:
    Iraq’s Central Bank Governor Ali Al-Alaq announced that 10 Iraqi banks are being liquidated after failing to return customer deposits.

  • 💸 Trust Crisis:
    A staggering 80% of Iraqi currency remains outside the banking system, showing deep public distrust in financial institutions.

  • 🇺🇸 U.S. Pressure & Sanctions:
    The liquidation isn't just internal reform—it’s happening under heavy U.S. sanctions for illegal financial transfers , choking these banks' operations.

  • 📉 Systemic Collapse?:
    Only 10% of Iraqi banks are aligned with the Central Bank's 2025 reform plan.
    The rest may face closure or collapse, raising alarm about a wider banking crisis    .

  • ⚖️ Who’s Responsible?
    Is this the result of external sanctions or decades of corruption and mismanagement?
    Either way, depositors may pay the ultimate price.

  • 🏦 “Cruel Selection” Begins:
    Iraq’s banking sector now enters a survival phase: modernize or be eliminated.

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COFFEE WITH MARKZ: “The Silence Before the Storm? Massive RV & Bond Rumors Swirl This Week!”

☕ Wednesday Coffee with MarkZ – Highlights (08/13/2025)

Summary by PDK – Not Verbatim

🔹 Disclaimer: MarkZ reminds everyone this is his opinion, not financial advice. Watch the full video for full context.

🔥 Main Highlights:

  • Bond Updates:
    Still very quiet on the historic bonds. No new updates yet from late Tuesday meetings. A contact has a meeting today, so we may hear something later.

  • RV Watch:
    Community members are hopeful for RV and bond news.
    One bond holder (Isaac) is expecting confirmation Thursday.

  • Iraq Developments:

  • Salary Localization:

    • Push to prevent the Kurdistan government from handling salaries – direct payments from the federal government are preferred.

    • Trust issues remain between regions.

  • Sentiment:

    • Many express frustration after years of waiting.

    • Some suggest we might be in the "10 days of darkness."

    • Encouragement: Stay strong and picture yourself already across the finish line.

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Parliament will host officials from the Central Bank and the Integrity Commission next week

    Parliament will host officials from the Central Bank and the Integrity Commission next week "Within the framework of activating the...