Wednesday, February 4, 2026
IMN Head: Iraqis Enjoy Democracy And A Competent Judiciary
IMN Head: Iraqis Enjoy Democracy And A Competent Judiciary
The head of the Iraq Media Network (IMN), Karim Hammadi, said on Wednesday that Iraqis are living under an active democratic environment and benefit from a competent judiciary, highlighting the country’s political progress since the fall of dictatorship.
Speaking at the Saudi Media Forum, Hammadi noted that Iraqi news channels remain active and influential, playing a central role in shaping public discourse. He emphasized that, unlike the pre-2003 era when state television broadcast long presidential speeches with no public critique, today’s media landscape allows viewers to access multiple channels and social media platforms, fostering greater transparency and competition.
Hammadi pointed out that semi-official Iraqi television faces competition from private broadcasters and social media, while remaining bound by legal, social, and cultural guidelines. “Competition is intense, but we strive to engage audiences through technical, cultural, and sports programming, including exclusive coverage of local festivals and the Iraqi football league,” he said.
He also highlighted the strong public interest in political news, noting that channels such as Iraqiya News, Al Jazeera, and Al Arabiya maintain high viewership due to their rapid coverage and interactive discussions. “News channels in Iraq remain effective and will not be supplanted by social media, which lacks the capacity to deploy fully equipped teams to cover events on the ground,” Hammadi added.
He cited a recent incident in which a social media post accused a military officer of misconduct using AI-manipulated images. A television channel amplified the story before investigations debunked the claims. Hammadi said the network’s verification restored public trust, though the reputational damage to the officer and his family was difficult to reverse.
Hammadi also praised the rapid development in Riyadh, and said Iraqis feel pride in their political system. “After decades of dictatorship, we now have an environment of active democracy, with regular elections every four years to select the president, prime minister, and parliamentary speaker—a remarkable achievement in our region,” he said.
https://ina.iq/en/45253-imn-head-iraqis-enjoy-democracy-and-a-competent-judiciary.html
FRANK26, FIREFLY & WALKINGSTICK: Central Bank Prepares for Currency Stabilization and New Rate Rollout
Introduction: Central Bank Steps Up
According to Frank26’s boots-on-the-ground report, the Central Bank of Iraq (CBI) is actively preparing for the next stage in Iraq’s currency reform.
The CBI is tightening rules around currency auctions.
Additional checks aim to align the official exchange rate with the street rate, creating a more predictable currency market.
This stability is crucial before any rate change or redenomination occurs.
Why Currency Stabilization Matters
1. Creating a Stable Platform
Frank26 explains:
“Yeah, you have to do that just before you change the rate. You need a stable platform in order to introduce a new rate.”
Stability prevents market chaos and ensures a smoother transition.
Predictable rates reduce speculation and protect everyday transactions.
2. Bridging Official and Street Rates
The CBI’s measures aim to:
Narrow the gap between official exchange rates and the informal market rates.
Ensure citizens and investors understand the value of the dinar.
Lay groundwork for the currency redenomination or “Project to Delete the Zeros.”
The Three Stages of Currency Reform
According to Walkingstick:
“This media blitz is what Aki has been preparing us for. It's going to come in three stages…”
Stage 1: Public Awareness
The government will educate citizens about monetary reform.
Explains why the changes are necessary for economic stability.
Stage 2: Announcing the New Rate
The official exchange rate will be clearly communicated.
Citizens and banks will understand the basis for redenomination.
Stage 3: Lower Denomination Notes
Introduction of new banknotes with fewer zeros.
Completes the redenomination process, restoring pre-sanction era value perception.
Featured Snippet Optimized:
What are the three stages of Iraq’s currency reform?
Stage 1: Public awareness of monetary reform. Stage 2: Announce the new exchange rate. Stage 3: Introduce new lower-denomination banknotes.
Timing With Regional Developments
Walkingstick notes the timing is perfect with ongoing Middle East developments.
Coordinated rollout helps ensure that market conditions remain stable despite political uncertainties in Iraq and the region.
Frank26 emphasizes that these reforms are ready to move forward, contingent on political stabilization after the Presidential election cycle.
Q&A Section
Q: Why is the Central Bank of Iraq stabilizing the dinar now?
A: Stability is necessary to introduce a new exchange rate, align street and official rates, and prepare for redenomination.
Q: What is the “Project to Delete the Zeros”?
A: It’s the redenomination of the Iraqi dinar, removing unnecessary zeros to restore its value and simplify transactions.
Q: How will citizens be informed about the currency reform?
A: Through a three-stage media campaign, starting with public awareness, then announcing the rate, and finally introducing new banknotes.
Q: Does the political situation affect the currency reform?
A: Yes. Election outcomes and leadership decisions may impact the timing, but the Central Bank is prepared to implement reforms once conditions are stable.
Key Takeaways
The Central Bank of Iraq is actively preparing for currency reform.
Stabilization of rates is essential before redenomination.
A three-stage public rollout ensures citizens understand the changes.
Political developments may influence timing, but reforms are ready.
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Frank26 [Iraq boots-on-the-ground report]
FIREFLY:The Central Bank of Iraq is rolling out new guidelines aimed at stabilizing the dinar exchange rate. They're tightening up the rules around the currency auctions and putting some additional checks to ensure the official exchange rate and the street rate stay close together.
They're trying to keep things a little bit more balanced and predictable on the currency front.
FRANK: Yeah, you have to do that just before you change the rate. You need a stable platform in order to introduce a new rate.
Walkingstick This media blitz is what Aki has been preparing us for. It's going to come in three stages. The first stage is going to explain the monetary reform to the citizens. The second stage will explain the new rate. The Third stage will explain the lower notes. It's actually perfect timing with what's going on in the Middle East.
AL-MALIKI DISCUSSES WITH THE US CHARGÉ D’AFFAIRES THE FORMATION OF THE REMAINING PRESIDENCIES AND THE PATH OF THE NEW GOVERNMENT
AL-MALIKI DISCUSSES WITH THE US CHARGÉ D’AFFAIRES THE FORMATION OF THE REMAINING PRESIDENCIES AND THE PATH OF THE NEW GOVERNMENT.
(In other words, Maliki is trying to get the US on his side by his promises, all of which he will never keep later. He has done this before in his first two terms.)
On Friday (January 30, 2026), Nouri al-Maliki, head of the State of Law Coalition, received Joshua Harris, the Chargé d’Affaires at the US Embassy in Iraq, and discussed with him ways to strengthen bilateral relations between the two countries, in addition to discussing the ongoing dialogues between political forces regarding the completion of the formation of the remaining presidencies.
A statement from al-Maliki’s office, received by “Baghdad Today”, stated that the meeting addressed “the vision of the coordination framework for the next government’s path,” and the file of ongoing dialogues between political forces, particularly regarding the selection of the President of the Republic and the Speaker of Parliament, and establishing the features of the government program for the next stage, in line with the requirements of political, security and economic stability in the country.
This meeting comes at a time when the Iraqi political scene is witnessing intense activity between the forces of the Coordination Framework and its allies, and the Kurdish and Sunni forces, to resolve the issue of the presidencies and arrange the balance of power within the parliament and the government, in parallel with increasing talk of direct American pressure in the process of forming the new government.
The meeting also intersects with the positions of political forces, including the Iraqi Communist Party, which warned against “blatant foreign interference” in the government formation process and linked this to the continuation of the quota system approach, which puts influential forces, including the State of Law Coalition, before a test of balancing openness to dialogue with Washington on the one hand, and maintaining the discourse of protecting sovereignty and independent national decision on the other.
MARKZ: Iraq Presidential Election Countdown: 48 Hours to Decide Amid Maliki vs. Sudani Tensions
Introduction: Iraq at a Crossroads
According to MarkZ via PDK, Iraq is in a political frenzy as leaders scramble to finalize the Presidential election.
The situation is tense:
US pressure: Risk of sanctions if decisions favor Iran.
Iran influence: Maliki’s pro-Iran stance complicates matters.
Internal gridlock: Leaders feel “between a rock and a hard place.”
The Iraqi Central Bank (CBI) has clarified that its currency is backed by assets and a basket of foreign currencies, operating independently of government politics—a critical point in today’s election drama.
Why No Vote Happened Yet
MarkZ reports:
“No vote in Iraq yesterday for President…They sat down and had a big meeting, then this morning gave themselves a new deadline…even though the constitution already has deadlines…they set a new one for this Thursday.”
The delay reflects political maneuvering between Maliki supporters and US-aligned factions.
Sudani has traveled to Kurdistan to consult with Barzani, seeking resolution on the Presidential seat.
Once the President is seated, candidates for Prime Minister will be announced. Both Sudani and Maliki remain contenders, and back-and-forth discussions continue.
Sudani vs Maliki: The Political Tug-of-War
1. Sudani’s Approach
Seen as a more US-friendly candidate.
Engaging with Kurdish leadership to secure consensus.
Advocates for completing the election cycle without triggering sanctions.
2. Maliki’s Influence
Strong ties to Iranian interests.
Still a viable contender for some Shiite blocs.
Could prolong the election and risk US economic pressure if chosen.
Political Implications
Decision must balance internal stability, US relations, and Iranian influence.
Delay in the presidential vote may impact currency reform and Iraqi financial policies, including the dinara RV/re-denomination plans.
Central Bank Independence
The CBI remains separate from political decisions:
Currency backed by assets & basket of foreign currencies.
Prepared for currency reform regardless of political deadlock.
This independence ensures that financial stability is maintained amid election uncertainty.
Featured Snippet Optimized:
Why was the Iraqi Presidential vote delayed?
The vote was postponed due to political negotiations between factions supporting Maliki and Sudani. Leaders set a new internal deadline for Thursday, despite constitutional deadlines, while ensuring US-Iran balance is respected.
Q&A Section
Q: What is the new deadline for Iraq’s Presidential election?
A: Leaders set a new internal deadline of Thursday, despite existing constitutional deadlines.
Q: Who are the main contenders for Prime Minister?
A: Nouri al-Maliki and Mohammed Shia al-Sudani remain primary candidates.
Q: Why is the Central Bank important in this process?
A: The CBI operates independently of the government, backs currency with assets and foreign currencies, and safeguards Iraq’s financial stability.
Q: How does US-Iran influence affect the election?
A: Choosing Maliki could trigger US sanctions, while bypassing him could anger Iran, leaving leaders politically trapped.
Key Takeaways
Iraq faces a 48-hour decision window for the Presidential election.
Sudani vs Maliki is the core conflict, balancing US-Iran influence.
The Central Bank remains a stabilizing force, keeping currency and financial reforms on track.
Political delays could impact Iraq’s currency projects and international credibility.
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MarkZ
[via PDK] In Iraq: “48 Hours to decide Presidential Election”
There is a mad scramble going on inside Iraq. I was told leaders are desperate to talk with the US and avoid sanctions. What I am being told is they feel like they are in between a rock and a hard place. They feel like with Makiki…if they don’t go with him they are bowing to the US…but If they do go with him…they are bowing to Iran.
The CBI has been very clear...that...They back their money with assets and a basket of other currencies …and is separate from the government.
Question: ...No vote in Iraq yesterday for President why?
MarkZ: “Deadline for the Presidential election revealed” they sat down and had a big meeting yesterday then first thing this morning they came up with some BS. They gave themselves a deadline…even though they already had deadlines that were written in their constitution…but they gave themselves a new deadline of this Thursday. Lots of meetings still going on. Sudani has gone to Kurdistan to talk to Barzani about getting this thing finished. Once they finish seating the President they will announce candidates for Prime Minister. Sudani is still in the running. Many still feel that Maliki could be the one…lots of back and forth going on. They actually were working on HCL in some of the meetings today.
THE COORDINATING FRAMEWORK IS CONSIDERING WITHDRAWING AL-MALIKI’S NOMINATION UNDER PRESSURE FROM WASHINGTON
THE COORDINATING FRAMEWORK IS CONSIDERING WITHDRAWING AL-MALIKI’S NOMINATION UNDER PRESSURE FROM WASHINGTON.
An Iraqi parliamentary source stated that the coordination framework is studying options for dealing with Washington’s rejection of Nouri al-Maliki’s nomination, including the possibility of his withdrawal .
The US-based Al-Hurra channel, in a report followed by Al-Sa’a network, quoted the parliamentary source as saying that “there are two scenarios being discussed within the coalition: the first is to proceed with nominating Maliki and leave the final decision to the parliamentary blocs, and the second is for Maliki to withdraw in exchange for being given the opportunity to name an alternative figu re .”
He added that “the framework has until Sunday, which is the likely date for holding a parliamentary session to elect a new president of the republic, who in turn will task the candidate of the largest bloc, which is the coordinating framework, with forming the government .”
He noted that “the framework formed a committee to negotiate with influential parties on the American side, while emphasizing the need to reduce escalation and control media statements until the results of those contacts become clear .
DINAR REVALUATION NEWS ANALYSIS : Trump’s Economic Pressure Cards Against Maliki: Could the Dinar Collapse?
Introduction: The Stakes Are High for Iraq
A recent report by Al-Sharq Economic (Jan 29, 2026) reveals the economic pressure points US President Donald Trump could deploy to “undermine” Nouri al-Maliki’s return as Iraq’s prime minister.
Trump’s message is clear: if Maliki, known for his pro-Iran leanings, assumes power, US aid could be cut, oil revenues restricted, and Iraq’s financial stability challenged — potentially impacting the Iraqi dinar (IQD) and social conditions.
Three Economic Cards Trump Could Play
1. Control Over Iraqi Oil Revenues
Since 2003, the US manages Iraq’s oil revenues via the Federal Reserve.
Oil funds constitute ~90% of Iraq’s state revenue.
A Maliki premiership could prompt the US to restrict access to oil revenue , directly pressuring Baghdad’s finances.
2. Restrict Dollar Transfers
US sanctions on banks for money laundering and terrorism financing have limited Iraq’s dollar access over the past three years.
Such restrictions fuel inflation, particularly because Iraq imports ~90% of its market needs in foreign currency, including from neighboring Arab states.
3. Indirect Dinar Collapse & Social Strain
Limiting dollars could devalue the IQD, worsening social conditions.
Inflation would spike as essential imports become scarce or more expensive.
Coupled with restricted foreign investment and disrupted banking operations, this could create a domino effect across Iraq’s economy.
Other Leverage Points
Military aid & equipment: >70% of Iraq’s military assets are US-supplied.
US Treasury bond investments: Iraq holds ~$32B, which could face restrictions.
Intermediary banks: Citibank, JPMorgan, and others facilitate Iraqi trade; disruptions here could freeze international transfers.
Analyst Insight: Nabil Al-Azzawi warns that the Coordination Framework must read Trump’s economic signals carefully given Iraq’s fragile political consensus and limited options.
Historical Context: Why Washington Fears Maliki
Maliki’s first premiership shifted economic cooperation away from the US, favoring Iran, Russia, and China in the energy sector.
Weak banking oversight caused dollar leakage, conflicting with US financial priorities.
Dependence on Iranian gas and electricity reduced US leverage, prompting caution today.
Economist Abdul Rahman Al-Sheikhly notes that Maliki’s return could complicate US efforts to sever Baghdad-Tehran ties, potentially destabilizing US influence in Iraq.
Potential Impact on the Oil Market
Iraq is the second-largest OPEC producer, following Saudi Arabia.
Any disruption in oil exports due to Maliki’s rise could tighten the market, affecting Brent crude prices.
While Trump’s threats haven’t yet impacted the oil market, further escalation could absorb existing surplus and create price volatility.
Featured Snippet
How could Trump pressure Iraq if Maliki becomes prime minister?
Trump has three primary economic levers: controlling Iraq’s oil revenues, restricting dollar transfers, and indirectly causing the Iraqi dinar to weaken. These actions could create inflation, disrupt social stability, and limit Iraq’s financial independence.
Q&A: People Also Ask
Q: Will Maliki’s premiership collapse the Iraqi dinar?
A: Potentially, yes. Dollar restrictions and inflationary pressures could devalue the IQD, though the extent depends on US policy responses.
Q: Why does Trump oppose Maliki?
A: Maliki has strong ties to Iran and a history of diverting Iraq’s economic partnerships away from US oversight, threatening Washington’s strategic influence.
Q: Can Iraq operate without US financial support?
A: Not fully. Iraq relies on US-controlled oil revenues, intermediary banks, and military support for economic and security stability.
Q: Could the oil market be affected by Maliki’s return?
A: Yes. Iraq is a top OPEC producer, and any disruption could absorb market surplus, raising global oil prices.
Conclusion: The Dinar, Maliki, and the Bigger Picture
Maliki’s return could trigger economic sanctions, inflation, and social strain.
Trump’s three cards—oil, dollars, dinar pressure—highlight US leverage over Iraq.
Political resolution, Central Bank readiness, and US cooperation are essential before the dinar reinstatement (RV) can proceed safely.
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AMONG THEM THE COLLAPSE OF THE DINAR… REPORT: THREE ECONOMIC CARDS IN TRUMP’S HAND TO “UNDERMINE” MALIKI’S RULE
AMONG THEM THE COLLAPSE OF THE DINAR… REPORT: THREE ECONOMIC CARDS IN TRUMP’S HAND TO “UNDERMINE” MALIKI’S RULE
A press report published by the Al-Sharq Economic website on Thursday, January 29, 2026, identified what it described as “economic pressure points” that US President Donald Trump could use to “undermine” Nouri al-Maliki’s rule, should he assume the premiership.
The report, which was followed by “Al-Jabal”, said that “Baghdad’s calculations regarding the possible return of Nouri al-Maliki to the Iraqi government have turned 180 degrees after the US president explicitly threatened Iraq that if al-Maliki, known for his leanings towards Tehran, were to enter the government through the door, US protection would immediately leave through the window.”
The website analyzed US President Donald Trump’s tweet in which he rejected al-Maliki’s nomination, saying that “Trump, who is known for his sharp tone, used three explicit threats in his tweet to express his opposition to al-Maliki’s election: no more aid to Iraq if he wins, no chance for Baghdad to succeed, and the country may sink into chaos and poverty.”
The report continued, “This threat should not be read in isolation, but rather within a much broader economic context where the United States already has cards above and below the table that it can use to pressure—and even paralyze—any government in Baghdad that is not to Trump’s liking, and oil, which finances about 90% of the state’s revenues, is at the heart of this equation.”
The report recalled al-Maliki’s rule, noting that it “witnessed a gradual negative shift in economic cooperation with Washington. In his early years, Iraq benefited from a high influx of oil revenues, but weak oversight of the banking system made the country an easy environment for dollar leakage, especially after the tightening of US sanctions on Iran. This put Baghdad on a collision course with Washington’s financial priorities, according to the British newspaper, the Financial Times. In the energy sector, despite launching major oil licensing rounds after 2009, the government tended to diversify partnerships towards Chinese and Russian companies, while Iraq continued its almost complete dependence on Iranian gas and electricity. This limited US influence and was reflected in the cooling of financial cooperation and the growth of Iranian influence at the time—a scenario that Washington fears will be repeated if al-Maliki returns to power.”
The website quoted economist Abdul Rahman Al-Sheikhly as saying that “if Maliki wins, there will be complications for the Americans in realizing the extent of Maliki’s ties to Iran, and this contradicts the American desire to cut off any communication between Baghdad and Tehran.”
However, Abdul Rahman Al-Mashhadani, a professor of international finance at the Iraqi University, disagrees with Al-Sheikhli’s analysis, as he believes – according to what was reported by Al-Sharq – that “the victory of Al-Maliki – or anyone else – will not affect those interests; because Al-Maliki will take into account that all centers of power are now concentrated in the hands of Washington, and he is unable to do without them.”
The report identified three economic cards that it said Trump could use to “play on Iraq’s nerves”: Iraqi oil money protected by a decision of the US president, as the United States has effectively controlled Iraqi oil revenues since the 2003 invasion by managing them through the Federal Reserve. The aim of this step at the time was to protect Baghdad from sanctions and accumulated issues from the era of former regime leader Saddam Hussein. Iraq’s oil export revenues in 2024 amounted to more than $95 billion, according to data from the Central Bank of Iraq.
As for the second paper, according to Al-Sharq, it is: “Restricting dollar transfers to Iraq, as happened in the last three years, when Washington sanctioned banks on the pretext of money laundering and financing terrorism, and to this day these banks are still subject to the sanctions imposed by the US Treasury Department and the US Federal Reserve.”
The third and final point, according to the website, is: “Indirectly causing the collapse of the Iraqi dinar and worsening social conditions by restricting access to the dollar, which will fuel inflation, especially since Iraq, during the two decades following the invasion, was unable to build an agricultural or industrial base that would meet the needs of the local market. 90% of the market’s needs are imported with hard currency, even those imported from neighboring Arab countries such as the UAE.”
The report stated, “Besides that, there are other indirect sources of pressure that Washington can use to besiege Iraq, most notably the threat of military aid. More than 70% of the Iraqi army’s armament is still of American origin, whether through new contracts or what the American army left behind after withdrawing from Iraq.”
The website quoted political researcher Nabil Al-Azzawi as saying in this context that “the coordinating framework that nominated Maliki must read Donald Trump’s message economically in light of the country’s current delicate situation, limited options, and lack of consensus.”
The report noted that “Iraqi investments in US Treasury bonds could also be restricted. According to data from the US Treasury Department, Iraq’s holdings of these bonds amounted to about $32 billion as of October 2025.”
The report continued, “According to Al-Sheikhly, another source of concern is the disruption of the work of intermediary American banks, such as Citibank and JPMorgan, which facilitate Iraqi trade and on which Baghdad relies for international transfers and the movement of funds to and from the country. Foreign investments may also be affected, as investors always seek political and security stability, which may be disrupted if Maliki assumes power against Washington’s wishes.”
Regarding the potential impact on the oil market if US threats against Iraq escalate, the Asharq report indicated that “so far, Trump’s threats against Iraq have not had any direct effects on the oil market, despite Brent crude prices rising to nearly $70 a barrel recently due to his intense pressure and military threats against Iran, something that could increase if Iraq becomes more involved in the conflict.”
The report noted that “any potential disruption to Iraqi oil flows could have a direct impact on the market, as Iraq is the second largest oil producer in OPEC after Saudi Arabia, and its production comes directly after Saudi Arabia and Russia within the OPEC+ alliance.”
According to Al-Sharq report, “If Maliki’s rise to power leads to disruptions in the sector, it may absorb part of the current oil surplus in the market.”
MNT GOAT: Iraq Currency Reform & Trump’s Dollar Aid Threat: What It Means for the RV
Introduction: The Dollar Aid Threat Looms
What if President Trump carries out his threat to cut or reduce US dollar aid to Iraq?
This is not speculation — it is a real factor that could influence Iraq’s currency reform process and delay the long-awaited Iraqi dinar reinstatement (RV).
Meanwhile, the Iraqi Central Bank continues moving forward with reforms quietly and systematically. These reforms are crucial for reinstating the currency at a higher nominal rate, not just a redenomination.
Current Status of Currency Reform
The Project to Delete Zeros is ready but awaits political stability
Nouri al-Maliki’s insistence complicates timing
Mohammed Shia al-Sudani’s nomination could accelerate the process
Central Bank is prepared to execute currency reinstatement and reforms as soon as conditions allow
RV vs Reinstatement
Many call it the RV, but technically it’s a currency reinstatement:
Rate will jump from the suppressed 1320 IQD to the new nominal rate ($4+)
Unlike other countries, Iraq is not fighting hyperinflation, but resetting to pre-sanction 1991 levels
Redenomination is a straightforward financial process, not a “military operation” as some speculators claim
Political Impediments: Iran & Corruption
The main obstacle has always been Iranian influence and domestic corruption:
Corruption schemes have slowed Iraq’s currency reform progress
Some local players exploit corruption as a way of life
US support depends on five key requirements being resolved (per MNT GOAT 9/16 Newsletter)
Once resolved, the Central Bank can execute reforms efficiently.
US Dollar Aid: A Critical Lever
If the US cuts or reduces dollar aid, consequences could include:
Pressure on the Iraqi budget
Potential delays in financial stability reforms
Ripple effects on the timing of the currency reinstatement
Increased leverage over Iraq’s political decision-making
This is not merely theoretical — the US still controls much of Iraq’s dollar flows, influencing currency and economic stability.
Timing: Why This Week or Weekend RV Is Impossible
Ignore false promises from self-proclaimed “intel gurus”:
Claims of a military-style RV operation are absurd
RV cannot happen until:
Political issues are resolved
Central Bank readiness is matched with US backing
Currency reinstatement logistics are fully aligned
Even if the election sees a breakthrough, the process cannot be rushed — it requires methodical, deliberate execution.
Prayer & Perspective: Patience Is Key
As one blog follower beautifully wrote:
“Be still, wait on the Lord, my modern David will slay the so-called giant of Islam. It will fall; they are already begging for mercy, but it will not come as they have sinned so greatly with their blasphemy, disregarded all warnings for the Lord, and now HIS WRATH WILL CONSUME ALL WHO CURSE THE CHOSEN!!”
Patience, observation, and discernment remain critical as this situation unfolds.
Featured Snippet
What happens if Trump cuts dollar aid to Iraq?
Reduced US dollar aid could delay Iraq’s currency reforms, affect budget stability, and postpone the Iraqi dinar reinstatement (RV) until political and Central Bank conditions are aligned.
Q&A: People Also Ask
Q: Is the Iraqi RV happening this week?
A: No. It is impossible under current political and financial conditions.
Q: What is the difference between RV and redenomination?
A: Iraq’s RV is technically a currency reinstatement, increasing the suppressed rate to a new nominal value, not a typical redenomination due to hyperinflation.
Q: What role does Iran play in delaying the RV?
A: Iranian influence and domestic corruption have been major obstacles in implementing Iraq’s currency reforms.
Q: Does the US control Iraq’s dollar flows?
A: Yes. US dollar control is a key leverage point in timing and execution of currency reforms.
Final Thoughts
The RV is not about timing speculation. It is about:
Political resolution
Central Bank readiness
US oversight and approval
The moment these align, currency reinstatement can occur quickly. Until then, patience and careful observation are essential.
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MNT GOAT
What if Trump carries out his threat (which he will) and cuts off or reduces dollar aid to Iraq?
______________________________________
There is not much more to talk about in today’s Newsletter. Iraq still waits for a breakthrough in the election cycle. Meanwhile the Central Bank is still moving ahead with its banking reforms. I am not going to get into these reforms again today as we know that the Central Bank is ready to move ahead with the currency reform project and make tangible evidence to us. They are ready right now! Yes, the Project to Delete the Zeros still sits in the wings waiting the election to show positive results. Certainly, if Iraq insists on Nori al-Maliki as their savior (lol… lol…) this process may take some more time. If he backs down and al-Sudani is nominated we could see the rest of the process fly ahead very quickly.
I encourage everyone not to even listen to these idiot intel gurus anymore telling you this RV could even happen this week or over the weekend. Simply put it is ‘impossible’.
They have been fooling you now for 20 years and so why haven’t you all have had enough of their lies? Yes, I am speaking mostly to all you TNT Tony, MarkZ, and Big idiot Bruce calls. How foolish and irresponsible of them to say these things to you. Oh… they tell you this RV is a “military” like operation. Really? This is total bizarre nonsense statement to even make. This Iraqi dinar reinstatement is not a revaluation as I have said this many times. The rate only changes to something we all want when it is reinstated. We call it the RV for short because the rate will jump from artificially suppressed rate (1320) to the nominal rate ($4+) since it will have to change accordingly with the new peg. This is a very straight redenomination process, unlike other redenominations done in many other countries such as Iran or Zimbabwe, as Iraq won’t be facing hyperinflation and resetting their currency to combat this inflation. But rather resetting to get back to pre-sanction era days (1991). It will be a resetting so they can reinstate the currency at a much higher rate. You only need to study a bit of the past from 1991 then October 2004 when they issued these larger three zero notes to understand what they are doing.
The problem arises with Iran and it has been all about Iran all along and their corruption schemes to control the Iraq economy for their own benefit. This has stalled this currency reform process to the end stages that we now await. Yes, others too have piggybacked off the corruption to a point where it is a way of life and today normal behavior in Iraq. So, the change is coming in Iraq and like in the US, with combating all the corruption and the status quo, is not liking it. Now we are witnessing it again as Iraq entered this critical stage of successful reforms and on the edge of the next stage, which included the reinstatement. Yes it was targeted for last month.
The process to get to currency reform part is clear, resolve the five issues that the US require and they will support the reinstatement (9/16 Newsletter.) The rest is up to the Central Bank. Sorry I wish I had better news for you today. The election process appears to be on hold. We await some news any day now. This is now in God’s hands and so we must pray. This situation could change on a dime and most probably we will wake up some morning and it will be over, for the good of Iraq.
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We pray-
A nice prayer from one of my blog followers. Thank You!
“Be still, wait on the Lord, my modern David will slay the so-called giant of Islam. It will fall they are already begging for mercy, but it will not come as they have sinned so greatly with their blasphemy, disregarded all warnings for the Lord and now HIS WRATH WILL CONSUME ALL WHO CURSE THE CHOSEN!!
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