Saturday, February 14, 2026

FRANK26: The Big Question: What Is Still Missing for a New Exchange Rate?

The Iraqi street is paying the price for bureaucratic delays, political inaction, and rising price

 The Iraqi street is paying the price for bureaucratic delays, political inaction, and rising prices.

The political vacuum represents one of the most serious challenges facing the stability of countries emerging from accumulated crises, as the absence of central decision-making becomes a daily reality affecting every aspect of citizens' lives. The Iraqi scene stands as a prime example, where the impact of political paralysis extends beyond the ruling elites to the public, the economy, the market, and the currency.

The delay in forming a government exacerbates the complexities of the economic and social crises, disrupting support programs, slowing investments, and eroding market confidence. Prices are rising faster than salaries, while demands for services are mounting in major cities. Observers note that local markets have begun to treat political timing as an economic indicator, as financial stability is now practically linked to the clarity of executive authority.

On the other hand, disagreements persist between the major blocs and lists, exceeding the constitutional deadlines for determining the president and prime minister, reflecting a structural flaw in the consensus-building mechanism. Negotiations have devolved into an open-ended tug-of-war, with each faction attempting to secure its position within the future power structure before even agreeing on the government itself.

The government formation crisis then takes on a form that is more a struggle over the nature of the next executive system than a mere competition for positions.

The parties are torn between a broad consensus government model and a political majority model, which is hindering any quick settlement, because the agreement is no longer just on names but on the rules of governance.

In parallel, the political vacuum has entered a critical phase after the constitutional deadlines for voting on senior positions were missed, leaving institutions in a state of administrative limbo. Ministries are hesitant to make long-term decisions for fear of political challenges or a sudden government reshuffle.

This reality is directly reflected in the economic and social fabric of the state, with the salary crisis and rising prices emerging as the first indicators of its impact. Economic anxiety transforms into a general mood that puts pressure on the political process, as citizens feel that the political crisis has shifted from the halls of parliament to the very means of sustenance.

The caretaker government headed by “Mohammed Shia Al-Sudani” operates within limited powers, so it cannot launch infrastructure projects, pass budgets, control the market and monetary policy, or confront the financial deficit. The state becomes a temporary administration, while the heavy economic files require full sovereign decisions. link


FRANK26 & OMAR: Iraqi Dinar Modernization Confirmed? Banking Connectivity, CBI Final Stage & Global FX Signals

Iraq’s Monetary Reform: Are We Entering the Final Stage?

Recent television discussions and analyst commentary suggest that Iraq has officially modernized the dinar’s infrastructure. According to repeated statements from the Central Bank of Iraq, the monetary reform project is now in its final stage.

This does not automatically mean a global foreign exchange (FX) launch has occurred. However, it does confirm that the foundational systems required for normalization are in place.

Featured Snippet:
The Central Bank of Iraq has stated that the monetary reform project is in its final stage, confirming the dinar’s financial infrastructure has been modernized.


What Does “Modernized Dinar” Actually Mean?

When officials say the dinar has been modernized, they are referring to:

  • Updated banking compliance systems

  • Digital settlement integration

  • SWIFT-compatible international transfer capability

  • Alignment with global anti-money laundering standards

  • Strengthened monetary controls

Modernization is about infrastructure readiness, not immediate revaluation.


Is Iraq Connected to International Banks?

Short Answer:

Yes — technically.
No — not yet in terms of full global FX launch.

Iraqi banks that are compliant can:

Iraq is connected to global correspondent banking networks, which is a critical prerequisite for currency normalization.

Featured Snippet:
Iraq is technically connected to global correspondent banking systems, enabling international transfers, but this does not confirm a full foreign exchange revaluation.


Technical Connectivity vs. Global FX Activation

There is an important distinction investors must understand:

Technical ReadinessFull FX Launch
Banking system connectedCurrency globally floated
SWIFT access enabledInternational trading volume visible
Cross-border settlements activeMarket-determined exchange rate

What we are currently seeing appears to be technical readiness, not yet the public FX event.


The Shift in Banking Attitudes Toward the Iraqi Dinar

According to commentary from Frank26, there has been a noticeable shift in how banks respond to inquiries about the Iraqi dinar.

In 2023:

  • Mentioning the dinar often triggered immediate dismissal.

  • Many banks labeled it a “scam” automatically.

Now:

  • Some banks are willing to discuss it.

  • Representatives ask how they can assist.

  • The resistance appears reduced compared to prior years.

This shift suggests that the dinar is no longer treated as a fringe topic within banking conversations.

Google Discover Highlight:
Bank responses toward the Iraqi dinar have shifted significantly since 2023, with increased openness to discussion.


What This Could Mean for Investors

If Iraq’s monetary reform truly is in its final stage, and:

  • The infrastructure is modernized

  • International connectivity is active

  • Political positioning is stabilizing

Then the remaining step would be formal FX normalization.

However, timing remains speculative.


Frequently Asked Questions (Q&A)

Q1: Has the Iraqi dinar officially revalued?

No confirmed global FX revaluation has been announced.

Q2: Is Iraq connected to the international banking system?

Yes, technically. Iraqi banks can send and receive international transfers.

Q3: Does modernization mean the rate will change immediately?

Not necessarily. Infrastructure readiness is separate from rate adjustment.

Q4: Why are banks responding differently now?

Bank compliance departments may now recognize Iraq’s banking reforms and connectivity improvements.


Key Takeaways


Investor Reminder

MarkZ Disclaimer:
Please consider everything on this call as personal opinion. Individuals taking notes may miss context. It is best to watch full discussions for complete understanding. Always consult a qualified financial professional before making any investment decisions.


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Omar

  TV talking about Iraq has modernized the dinar...The CBI has repeatedly said the monetary reform project is in its final stage...so yes, the infrastructure of the dinar has been modernized. 

 Is Iraq connected to all international banks 

Not in the sense of global FX launch but yes in the term of technical connectivity...All compliant Iraqi banks can send and receive international transfers. 

 Iraq is connected to global correspondent banking networks...They're describing the technical prerequisites for FX normalization - not the final step itself. 

Frank26  

 Back in 2023 the moment you said [dinar], BOOM, it's a scam!.  But now the moment you say Iraqi dinar, BOOM, we'd like to talk to you, or how can we help you.  If you hear that it's a scam it would be maybe 1 out of 10 [banks] whereas back in '23 it was all 10.  You see the difference?  It's not a secret anymore.  Everybody knows.

MILITIAMAN & CREW : IQD News Update-Iraq-Exchange Rate-Digital Dinar not Denied

 

With the start of Ramadan, a breakthrough is expected in the presidential deadlock, with the nomination of the candidate from the largest bloc

With the start of Ramadan, a breakthrough is expected in the presidential deadlock, with the nomination of the candidate from the largest bloc.

Abdel Samad Zarkoushi, a member of the coordinating framework, predicted on Friday (February 13, 2026) that the candidate of the largest bloc would be appointed during the first days of the holy month of Ramadan.

Al-Zarkoushi told Baghdad Today that “dialogues and meetings of the Coordination Framework forces are continuing almost daily, and there are serious efforts to resolve the issue of the position of President of the Republic,” noting that “important understandings have been reached in the past few days, and are expected to be reflected in next week’s meetings.”

He added that "the readings available to us indicate that the issue of electing the President of the Republic and assigning the candidate of the largest bloc will be resolved in the first days of Ramadan," noting that "the forces of the framework are still holding on to their candidate Nouri al-Maliki for the next government, and there are no changes in this direction."

Al-Zarkoushi confirmed that "the forces of the framework will hold an important meeting next week, perhaps before the month of Ramadan, to discuss several issues, and its outcomes may lead to accelerating the pace of setting a session for the House of Representatives to vote on the President of the Republic, after which the latter will assign the candidate of the largest bloc."

These statements come amid continued political deadlock over the appointment of the President and Prime Minister, following repeated rounds of talks between the Coordination Framework forces and other political forces.

The House of Representatives had failed in previous sessions to achieve the legal quorum necessary to elect the President of the Republic, which led to postponing the decision more than once, amid political tensions and disagreements over the candidates.

According to the Iraqi constitution, the election of the president of the republic precedes the step of assigning the candidate of the largest parliamentary bloc to form the government, which makes this entitlement pivotal in ending the state of paralysis and moving towards forming a new government to manage the next stage.  link


COFFEE WITH MARKZ: Valentine’s Weekend Market Update: Iraq Politics, Bonds, and Potential Currency Revaluations

💹 Bond Market Insights

Mark Z noted that bonds continue to stay quiet, but this is consistent with the planned market behavior. Though it may feel painful for investors, this calm in the bond market is part of the larger financial strategy.

Featured Snippet: “Bonds remain quiet this weekend, aligning with the anticipated market strategy, despite short-term investor discomfort.”


🇮🇶 Iraq Political Update

Maliki and the Coordination Framework

Trump has commented on the Coordination Framework candidate in Iraq, signaling that Maliki is not preferred. Iraq is waiting to seat the President and Prime Minister, which could happen rapidly in a day or two.

Community members discussed the possibility that delays might be strategic, hinting that the revaluation of the Iraqi Dinar could be timed for maximum impact.

Grand Solution Possibility

Iraq could hold new elections to resolve the Maliki deadlock, starting from scratch and potentially resolving political disputes before proceeding with major financial decisions.

Featured Snippet: “Iraq may dissolve parliament and hold fresh elections to resolve political deadlock before major financial moves.”


🏦 Banking and Metals Update

Mark Z highlighted panic in the banking sector last Thursday, noting that central banks may have manipulated gold and silver prices to trigger financial algorithms. Banks were reportedly grabbing metals aggressively, signaling a potential shift in market dynamics.

Venezuela Currency Watch

New bills labeled as Venezuelan dollars have appeared, raising questions about whether the old Bolivar will need to be exchanged. Community members are monitoring updates closely.


🌍 Key Global Events Impacting Markets

  • Valentine’s Day: February 14

  • Presidents Day (US): February 16

  • Chinese New Year: February 16–17 (Year of the Horse – “New Beginnings”)

  • Ramadan Start: February 17 (Middle East)

Snippet for Google Discover: “This Valentine’s weekend is packed with global events affecting financial markets, from Chinese New Year to Ramadan and US Presidents Day.”


Q&A Section

Q1: Anything new on the bond side, Mark?
A1: Bonds are quiet but on plan. Investor patience is key.

Q2: Could Iraq’s delays be strategic?
A2: Yes. They may be waiting for the right moment to move, possibly tied to a Dinar revaluation.

Q3: What’s happening with metals?
A3: Banks triggered algorithms by manipulating gold and silver prices to stabilize the market.

Q4: What about Venezuela’s new currency?
A4: New bills labeled “Venezuelan dollars” may require exchanging Bolivars. Details are still emerging.


✅ Community Highlights

  • Members shared Valentine’s greetings.

  • Discussions suggested that political delays could hide strategic financial moves.

  • Basel III regulations may impact global banking starting February 16 at 60% implementation.

  • Multi-event weekend distractions include Valentine’s Day, Mardi Gras, Chinese New Year, and Ramadan.


💡 Takeaways for Investors

  • Stay patient with bond markets.

  • Monitor Iraq’s political developments closely for currency impacts.

  • Watch metals and international banking moves for early signals.

  • Global holidays and events can create temporary market noise.

Disclaimer: Please consider everything on this call as personal opinion. People taking notes may miss context; always consult a professional before making financial decisions.


📲 Connect With Us


🔖  Hashtags 

#IraqUpdate #DinarRevaluation #BondMarket #ValentinesDay2026 #GlobalMarkets #FinancialNews #CurrencyWatch #MetalsMarket #VenezuelaDollar #BaselIII

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Mod: MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Happy Valentines Day to everyone. 

Member: Happy Valentine's Day to all the sweethearts in our community!

Member: Anything new on the bond side Mark?

MZ: Bonds continue to stay quiet, but I don’t think it’s a bad thing. I think its exactly as planned. I understand its painful. It’s been painful for me. 

MZ: In Iraq: 

“Trump comments on the coordination Framework candidate. We have some options” He does not want Maliki…..W are still waiting for them to seat the President and then the Prime Minister. This could happen very quickly….in a day or two. 

Member: Well it sure appears they are in no hurry and don’t give a d*** about breaking their constitution. 

Member: Iraq still tripping over their own shoelaces again in the news? Lmao. What a bunch of slackers.

Member: I really think they have been told that they can’t go yet and they created this Maliki thing to cover up the fact that they have been told to wait.

Member: Is it possible that they have been told by Trump and our military that we can’t go yet, so they created this Maliki situation to have a reason to stall? Maybe they just can’t go yet?

Member: Sounds more like a "way" to hide any revalue of the Dinar until they are ready or until they are told to revalue.. just sayin!!!

MZ: Other conversations in Iraq, which previous articles talk about …is they feel like they are between a rock and hard place about Maliki…..If the house decides Maliki is not good for Iraq…then it’s the people deciding. If they follow Trumps recommendation – it looks like they are not a sovereign country …So will they double down on stupid and put Maliki in to prove they are in charge…or find out just what the people want?

Member: Love the pun between IRAQ and a hard place Mark

Member: I wonder if Iraq were to hold elections of the people, how long of a time frame are we looking for that process to occur?

MZ: Their Constitution has some interesting takes on this.” Dissolution of the works of Parliament  “  On the brink or the constitution. Iraq between politics deadlock and the possibility of a Grand Solution. What is that Grand Solution?  Have elections again….start again from scratch…This may get rid of the Maliki question …This is what they are talking about.

Member: Well that would suck.  

MZ: “ US Congressional Delegation assures Barzani of Iraq’s support and protection of the Kurdistan Region”  There are congressman on the ground as we speak. Delegations are working closely and tightly with the Kurdish Region and Baghdad to try to come up with a solution as quickly as possible. They might not admit it….but the world needs this revaluation. 

MZ: Pure panic occurred in the banking world on Thursday afternoon. They created false interest then to crash the price of gold and silver to kick in the algorithm. IMO the full blown last panic started Thursday afternoon. Banks and Central Banks have been grabbing as much metals as they could. They stepped this up to a “Hail Mary” level on Thursday. We may start seeing this in MSM early this week…they can’t hide it. Panic has ensued…watch it play out. 

MZ: In Venezuela- They are printing new bills that say Venezuelan dollar. We need to keep an eye on this. Will we have to exchange our bolivar for the new currency? I do not know. The new bills are specifically called dollars and not bolivar. When I get information on this I will share it. 

Member: Donnie, Mike Bara, TNT Tony etc saying they can’t give information. 

Member: Teller at my bank said all managers were off site in training. He confirms that he was NDA also! Yaaayyy!

Member. Remember it’s a 3 day weekend with Presidents Day on Monday…..and Chinese New Year on Tuesday I believe. It will be year of the horse and “New Beginnings” 

Member: I have read that Basel 3 kicks in at 60% the 16th. 

Member: Valentine’s Day, Mardi Gras and Chinese new year that’s a lot of events to distract us!

Member: Also Ramadan all over the middle east starts on the 17th.

Member: Hope you all have a wonderful Valentines Day. Still hoping this will be our RV weekend……fingers crossed.

Member: Have a blessed weekend everyone, I love you all!!!

FRANK26…..VICTORY FOR SUDANI & US

Arab states restrict US ability to attack Iran's allies in Iraq, Syria: Politico

 Shafaq News/ Some Arab countries, including the United Arab Emirates, are increasingly restricting the U.S. from using military facilities on their soil to launch retaliatory airstrikes on Iranian-backed groups in Iraq, Syria, and Yemen, Politico said in a report. 

The U.S. has long deployed thousands of troops at facilities in the UAE, Kuwait, Oman, Qatar, and elsewhere in the Middle East, and the Arab countries' role in supporting U.S. military activities has come under intensified scrutiny since the Israel-Hamas war that erupted in October.

"The conflict has pitted Arab governments' interests in assuaging their citizens' anger toward Israel against their desire to help Washington fend off Iranian-backed attacks," a Politico report said. The restrictions on U.S. activities on their soil reflect Arab calculations on how supportive they can be — without angering Iran.

Politico said that a U.S. official, a congressional aide, and two Western officials, confirmed the information.

Amid a rising civilian death toll in Gaza, several Arab countries, particularly those "attempting a detente with Iran," are "increasingly restricting" the U.S. and partners from conducting self-defense operations from their soil, according to the U.S. official. This includes limits on retaliatory strikes against attacks in Iraq, Syria, and the Red Sea.

President Joe Biden has in recent weeks ordered multiple retaliatory air and missile strikes, some in conjunction with U.S. allies, against Iran-backed threats in the Middle East. Iran-backed militias have attacked U.S. troops in Iraq, Syria, and Jordan using a mixture of drones, rockets, and missiles 170 times since October, killing three U.S. service members and injuring dozens more. Meanwhile, the Houthi group in Yemen has launched 46 attacks against shipping in the Red Sea and Gulf of Aden since the campaign started on Nov. 19.

Certain Arab countries are restricting access to basing and overflight for the assets participating in these retaliatory strikes, the official said. It’s not clear how many countries are taking this action.

The reason the UAE in particular is doing this, per one of the Western officials, is "they don't want to appear like they're against Iran and they don’t want to appear too close to the West and Israel for public opinion reasons."

The UAE has in recent years also raised concerns about increasing attacks from the Houthis in Yemen. The Ansar Allah group has previously launched missiles into the UAE.

Pentagon spokesperson Maj. Gen. Pat Ryder said the U.S. military has" the capability to flow additional assets to the region to support regional deterrence efforts and provide options for a wide range of contingencies" when necessary.

"We also maintain the capability throughout the U.S. Central Command area of responsibility to defend our forces and conduct self-defense strikes at the times and places of our choosing," Ryder said when asked for comment.

In October, U.S. F-16 fighter jets carried out retaliatory strikes against two facilities in eastern Syria used by Iran's Islamic Revolutionary Guard Corps and other groups. Although the Pentagon at the time did not disclose where the aircraft came from, Al Dhafra is one of the closest facilities in the region that typically hosts F-16s.

One Defense Department official disputed the premise that there is tension between the U.S. and the Emirates over U.S. military basing, pointing out that A-10 attack aircraft and armed MQ-9 drones have recently operated out of Al Dhafra in support of operations to protect shipping in the Arabian Gulf.

But soon after the October strike, the Pentagon stopped publicly disclosing many of the aircraft types used in subsequent retaliatory operations against Iranian proxies.

Meanwhile, strikes on the Houthis since January have been conducted by U.S. Navy F/A-18 fighter jets from the nearby aircraft carrier USS Dwight D. Eisenhower, which is in international waters.

And after an Iran-backed proxy attack killed three American soldiers at a small U.S. outpost in Jordan in January, the U.S. flew long-range B-1 bombers from Ellsworth Air Force Base, South Dakota, the Pentagon said.

"This was yet another demonstration that we maintain global strike capability, which means we can move quickly and flexibly to respond globally at the times and places of our choosing and that we're not limited to just the aircraft that are in Central Command," Ryder said.

Overflight access in the region has been mired in problems in recent years because of the fighting in Yemen. The Federal Aviation Administration previously issued a warning about operating aircraft over the Persian Gulf and the Gulf of Oman.

The U.S. military, along with several international partners, has stepped up its activities in the Middle East as the Israel-Hamas war's consequences have reverberated across the region. The war is now in its fifth month and Israel's daily attacks in the Gaza Strip have killed more than 28,000 Palestinians, many of them civilians.

The rising Palestinian civilian death toll in Gaza has infuriated the populations of many Arab countries, worrying the autocrats who run them. But many of the same governments also despise Hamas and Iran. At the same time, they are reluctant to get into an all-out fight with Iran and have in recent years sought to mend fences with that country.


MILITIAMAN: Iraq Development Road Project Gains Global Support as CBI Maintains Strategic Silence

Iraq’s Development Road Project: Global Momentum & Strategic Silence from the CBI

Militia Man recently highlighted an important article titled:

“International and Regional Efforts to Support the Development Road Project”

According to his analysis, the evidence strongly suggests that Iraq’s Development Road Project is not only advancing — it is actively attracting global and regional investors.

Let’s break down what this means for Iraq’s economic future and why the Central Bank’s quiet posture may be intentional.


What Is the Development Road Project?

The Development Road Project is Iraq’s ambitious infrastructure initiative designed to connect the Persian Gulf to Europe through:

  • Rail corridors

  • High-speed transportation routes

  • Logistics hubs

  • Trade gateways

The project aims to position Iraq as a strategic transit hub linking Asia to Europe.

Major regional stakeholders, including Turkey and Qatar, have shown interest in infrastructure partnerships tied to this corridor strategy.

This initiative aligns with Iraq’s broader efforts to diversify beyond oil dependence and stimulate long-term private sector growth.


Why Global Investor Interest Matters

When international and regional investors engage in large-scale infrastructure projects, it signals:

  • Confidence in long-term political stability

  • Belief in economic modernization

  • Commitment to cross-border trade integration

  • Expectation of regulatory reform

Such developments strengthen Iraq’s case for deeper integration into the global financial system.

The more Iraq becomes a logistics and trade connector, the more it must align with international banking standards and transparent financial mechanisms.


Integration into the Global Financial System

Militia Man emphasizes that these infrastructure developments support Iraq’s transition toward global financial integration.

That process typically involves:

  • Banking sector modernization

  • Digital payment systems

  • Anti-corruption compliance

  • Customs reform

  • Strengthened central banking transparency

The Central Bank of Iraq plays a central role in guiding monetary policy, managing reserves, and maintaining exchange rate stability during this transformation.


The “Hush” from the CBI: Strategic or Suspicious?

Militia Man argues that the CBI’s silence is intentional — especially when it comes to sensitive reforms.

In monetary policy, certain topics are inherently sensitive:

  • Exchange rate adjustments

  • Real Effective Exchange Rate (REER) metrics

  • Reserve strategy

  • Currency supply management

Central banks worldwide often avoid pre-announcing specific timing, amounts, or implementation dates related to exchange rate changes.

This is not unique to Iraq. Controlled communication helps prevent:

  • Market speculation

  • Capital flight

  • Currency manipulation

  • Premature positioning

When financial systems are undergoing structural reform, information is often released only when operational readiness is achieved.


Featured Snippet: Why Would a Central Bank Stay Quiet?

Why doesn’t the Central Bank announce exchange rate changes in advance?
Because early disclosure can trigger speculation, destabilize markets, and create financial imbalance.

Is controlled communication normal?
Yes. Central banks frequently manage sensitive information carefully to protect economic stability.

Does infrastructure growth support financial reform?
Yes. Large-scale international projects often require stronger banking systems and regulatory alignment.


The Generational Impact of the Development Road

If fully implemented, the Development Road Project could:

  • Create tens of thousands of jobs

  • Expand private sector opportunities

  • Increase transit revenue

  • Position Iraq as a regional trade hub

  • Boost GDP diversification

This kind of infrastructure shift is generational — meaning its economic impact could extend decades into the future.

With major neighbors like United Arab Emirates investing heavily in logistics and trade corridors, Iraq’s participation in regional connectivity becomes strategically critical.


Is There “No Turning Back”?

From an infrastructure standpoint, once:

  • Contracts are signed

  • International investors commit capital

  • Engineering begins

  • Trade agreements form

Momentum becomes difficult to reverse.

However, long-term success still depends on:

  • Political stability

  • Transparent governance

  • Regulatory reform

  • Consistent monetary policy

Economic momentum and financial reform must move together.


Q&A Section

Q1: Does infrastructure development automatically change a currency’s value?

No. Infrastructure strengthens fundamentals over time, but exchange rate policy is determined by central bank decisions and macroeconomic conditions.

Q2: What is a Real Effective Exchange Rate (REER)?

REER measures a country’s currency value relative to a basket of other currencies, adjusted for inflation. It reflects competitiveness rather than just nominal value.

Q3: Is silence from a central bank unusual?

No. Controlled communication is common when discussing sensitive monetary policy issues.

Q4: Does global investment guarantee financial integration?

It supports it — but integration requires regulatory alignment, banking modernization, and political coordination.


Final Thoughts

The Development Road Project appears to be gaining regional and international support. If executed successfully, it could reshape Iraq’s economic trajectory for decades.

At the same time, the Central Bank’s measured communication strategy reflects the reality that monetary policy — especially exchange rate matters — is among the most sensitive aspects of national economic management.

Infrastructure momentum is visible.

Monetary policy remains controlled.

As always, watch official announcements, not speculation.


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Militia Man   

 Article:  "INTERNATIONAL AND REGIONAL EFFORTS TO SUPPORT THE DEVELOPMENT ROAD PROJECT

It provides strong evidence that the Development Road project is actively attracting global investors...The project is a generational game-changer that is unstoppable in its momentum and will fuel private sector growth for decades. The Development Road...is advancing rapidly...These are all facts that support Iraq's integration into the global financial system... no turning back.

 The CBI's 'hush' is intentional.  Sensitive reforms advance quietly until the system is ready and the public gatekeepers are prepared.  When they talk about sensitivity, if they're talking about an exchange rate or a real effective exchange rate, that's sensitive information and they're not going to tell you when, how much and what day...The quiet continues to protect them... This is controlled communication.