Tuesday, May 26, 2026

AFTER MEETING WITH IRAQI LEADERS, PETRAEUS HANDS WASHINGTON AN “IMPLEMENTATION PLAN” FOR DISARMING WEAPONS

 AFTER MEETING WITH IRAQI LEADERS, PETRAEUS HANDS WASHINGTON AN “IMPLEMENTATION PLAN” FOR DISARMING WEAPONS

In a notable development concerning the arms file in Iraq, the newspaper “Al-Sharq Al-Awsat” revealed high-level diplomatic and security moves that took place in Baghdad during the past few days, led by US General David Petraeus, amid talk of preparing an “executive paper” believed to include a vision for restructuring the security landscape and ending the current formula for armed formations, most notably the Popular Mobilization Forces, through integration and reform mechanisms within official institutions .

The newspaper, in a report seen by Al-Sa’a Network, quoted its sources as saying that “Petraeus stayed for 5 days in Baghdad, during which he met with high-ranking Iraqi officials, and the fate of the Popular Mobilization Forces fighters was at the heart of serious discussions .”

She added that “Petraeus’s meetings focused on one goal, which is to reform the military establishment and end the current form of the Popular Mobilization Forces, while exploring viable mechanisms for integrating its members into the security institutions .” She indicated that “Ali al-Zaidi will discuss this sensitive issue with US President Donald Trump if a planned visit to the White House takes place .”

She indicated that “the initial date may be set after Eid al-Adha in June, with the possibility that it will be affected by the circumstances of the negotiations between Washington and Tehran .”

She continued, “Some Iraqi officials spoke to the American general as if they were speaking to Trump, and were unusually frank about their concerns regarding the potential repercussions of plans that are still theoretical concerning the Popular Mobilization Forces .”

The report explained that “the United States’ confidence in the Sudanese government has declined sharply in recent months, due to what was perceived as leniency towards attacks by armed factions during the war, which may place the government before additional demands related to security and political guarantees .” He added that “Petraeus did not answer questions raised by Iraqi officials regarding whether there was sufficient cover to confront Iran in the event that the Popular Mobilization Forces were dissolved .

He added that “Iran urged the parties concerned to resist the American course that aims to end the largest military force that guarantees its interests in the region .“He pointed out that “Revolutionary Guard generals who play supervisory roles in Shiite factions, including those who run the operations room of the Islamic Resistance in Iraq, may obstruct any move towards dissolving the Popular Mobilization Forces .”

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FX-VU Strategic Release Memo - $4.8101 IQD Anchor and Post-FOREX Convergence

 


🇮🇶💰 Why the Iraqi Dinar Revaluation Hasn’t Happened Yet — A Structured Perspective

🇮🇶💰 Why the Iraqi Dinar Revaluation Hasn’t Happened Yet — A Structured Perspective

A closer look at Iraq’s current situation suggests that the absence of a major currency revaluation is not about a single missing event, but rather a combination of ongoing conditions that are still developing across several layers.

🏛️ 1. Political stability and internal security
Iraq is still working toward consolidating stronger institutional control, addressing internal security challenges, and stabilizing governance structures. Without sustained internal stability, major monetary shifts are difficult to implement and sustain.

🌍 2. Regional and geopolitical environment
Regional dynamics continue to play a significant role. Ongoing tensions and external influences affect Iraq’s ability to fully transition into a more stable and independent economic phase.

🏦 3. Economic and financial reforms in progress
Key reforms are underway, including banking modernization, efforts to diversify revenue sources beyond oil, and attempts to reduce reliance on parallel currency markets. However, many of these initiatives are still in development or early consolidation stages.

🔄 4. The “Next Phase” transition concept
Much of the current discussion revolves around Iraq entering a so-called “next phase,” which is generally understood as a shift from planning and reform design toward full implementation and measurable outcomes across political and economic systems.

📡 5. The logic behind “CBI contact” narratives
Within this interpretation, references to internal or institutional sources reflect the belief that major economic direction is often signaled before public confirmation. The general idea is a sequence of progression: stability first, reforms second, and structural economic outcomes afterward.

📌 Conclusion
From this structured viewpoint, the revaluation has not occurred because Iraq is still completing the foundational conditions required for such a move. It is viewed less as an isolated event and more as the potential end result of a broader transformation process involving political stability, economic restructuring, and regional alignment.

⏳ The focus remains on whether Iraq successfully transitions into this next phase in a sustainable and coordinated way.

#Iraq #Dinar #EconomicUpdate #MiddleEast #FinancialReform #Geopolitics #NextPhase #IraqEconomy #Development #MacroEconomics

COFFEE WITH MARZ UPDATE: " $4.81 , This is the rate that many others have seen"

 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

Member: Thanks to all in the armed forces on this Memorial Day. 

MZ: The chatter has been unreal this weekend. Rumors hit hard and heavy over the weekend that the Treasury was told it would be a “go” last Friday and got the ball rolling and started the Process….I have not been able to vet it because it was over the weekend and a holiday today. ….We will see what is real . 

MZ: But, this was from a number of different sources who are claiming that all bonds that have already been vetted are going this week. We have heard this before but the chatter over the weekend was crazy. 

MZ: Markets are not open today. It will probably be later tomorrow when we can properly vet things. 

MZ: Mike Bara is also getting a lot of the same news I am but from different sources. 

Member: Hearing Iraq is supposed to get it done before the 31st right before the end of this month before their holiday?..

Member: Saw an article by Melanie Hienz from March 2025 that says rate is $4.8101

MZ: This is the rate that many others have seen as well. We have definitely been seeing this for quite some time. I am of the mindset that this is the rate we will see.

Member: Trump signature on the $100 bill starting June 1 --- is this an indication we're ready to flip??

Member: I really pray we go before July 4th and really have a reason to celebrate. 

Member:    Mark, I don't think FIAT will crash. it will transition to digital and tokenize. when we go to the redeeming bank, they will deposit our currency into a block chain wallet account. instantly liquid

MZ: Accurate….but, when they tokenize it though…it will be backed by an asset. That will be the difference. 

Member: Militia man this morning said we are in one of the most important and exciting windows than we have ever seen.

Member: Frank says June 1st

Member: Franks never said a date so the fact that he did is exciting.

MZ: In Iraq:  “Nina;s Economic Specialist: In light of the current reality, Economic reforms have become a economic necessity. “  to me this means this crisis has forced them off of “stuck”. Off of this endless loop that has been taking forever. This conflict has forced Iraq to finish or accelerate a lot of the economic reforms. 

MZ: I do believe this conflict….while its ugly and lives were lost….but, its forced us closer to the finish line. 

Member: I feel like when Iran war is over…then we will go. 

MZ: I feel the same ….as soon as Iran is over….I believe we go. 

Member: Will we have immediate access to our funds?

MZ: I am told that if you exchange through the redemption center/redeeming banks you will get instant access. But, if you go to a regular bank…and they send your currency off …it will take a couple of days. A redemption center is the came as a redeeming bank with a branch or office that the staff has been trained to exchange foreign currency and detect counterfeit ect…….its a real bank that can process your currency right there . It will be a fairly simple process. 

Member: I would never let my currency our of my sight …

Member: Thanks Mark and Mods….Everyone have a blessed day. Keep positive that this will be the week we have been waiting for. 

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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THE US DOLLAR: CAN WASHINGTON GUARANTEE ITS CONTINUED FLOW INTO IRAQ UNDER AL-ZAIDI’S RULE?

THE US DOLLAR: CAN WASHINGTON GUARANTEE ITS CONTINUED FLOW INTO IRAQ UNDER AL-ZAIDI’S RULE?

The US dollar has returned to the forefront of political debate, with assurances that Washington will not stop the flow of currency to Iraq during Ali al-Zaidi’s government, amid talk of trade and financial ties that make it difficult to impose financial restrictions that could threaten Iraqi economic stability.

Political analyst Adel Al-Manea confirmed that the United States will not prevent the flow of dollars to Iraq during Ali Al-Zaidi’s government, attributing this to the existence of commercial and financial ties with the American side that will exert pressure towards the continued flow of currency to the country.

Al-Mana’ said: “Talk of new alliances or coalitions that include more than 140 MPs does not actually exist at the moment,” considering that “they do not go beyond being political understandings and reactions to what happened during the session to grant confidence to Al-Zidi’s government.”

Al-Mana’a pointed out that “the current political reality within the coordination framework can be described as ‘a harmony of faces and a difference of hearts,’ stressing that ‘the majority of political parties and rational people are pushing towards passing what remains of Al-Zidi’s cabinet according to the convictions of the representatives, away from political pressures.’”

He explained that “one of the political leaders predicted that Hebat al-Halbousi would not continue as Speaker of Parliament after the vote of confidence session,” noting that “the Sadiqun movement will not participate in al-Zidi’s government.”

Regarding the visit of US General David Petraeus to Iraq and his meeting with al-Zaidi, al-Mana’ said, “It came in the context of emphasizing that no factions should participate in al-Zaidi’s government without exception.” He pointed to “American proposals related to restructuring some security institutions and including the Popular Mobilization Forces within a new security ministry that includes various security agencies.”

Al-Mana’ also suggested that “Qasim Atta will be appointed Minister of Interior after the Eid al-Adha holiday,” revealing that “more than 28 MPs withdrew from the Reconstruction and Development Alliance due to the failure to adhere to some of the promises and understandings that accompanied the formation of the government.”

He stressed that “Al-Zaydi was put forward by a “heavy” figure from outside the coordination framework and was accepted by most political forces in order to end the political deadlock,” emphasizing “the rejection of any tampering with the Popular Mobilization Forces file, as it is an institution established by a law from the House of Representatives.”

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🇮🇶 Iraq at the Center of Transition: Article 140, the HCL, and Their Impact on National Stability 💰🛢️⚖️

CHANNEL8:  On outstanding issues with the federal government—including Article 140, public salaries, the state budget, and farmers' demands, among other matters—KRG PM told Channel8 that the Iraqi officials “all agreed that these issues must be resolved.”


Read more: https://channel8.com/english/news/58574
------

🇮🇶 Iraq at the Center of Transition: Article 140, the HCL, and Their Impact on National Stability 💰🛢️⚖️

Iraq continues to face two of its most important long-standing structural issues: Article 140 of the Constitution and the Hydrocarbon Law (HCL). Both are deeply interconnected and essential for understanding the country’s political, economic, and territorial dynamics.


🧭 📜 What is Article 140?

Article 140 is a constitutional mechanism designed to resolve the status of disputed territories between Baghdad and the Kurdistan Region, such as:

  • 🛢️ Kirkuk (the most strategic due to its oil reserves)
  • 🏙️ parts of Nineveh
  • 🌾 areas of Diyala

⚙️ Its required process includes:

  • 🧾 Normalization (reversing past demographic changes)
  • 📊 Population census
  • 🗳️ Referendum to determine whether areas belong to Baghdad or the Kurdistan Region

⚠️ Problem: It has never been fully implemented, leaving territorial status unresolved.


🛢️ ⚖️ What is the HCL (Hydrocarbon Law)?

The Hydrocarbon Law aims to define:

  • 🛢️ who controls oil resources
  • 💰 how revenues are distributed
  • 🏛️ fiscal relations between Baghdad and the Kurdistan Region
  • 📑 how oil contracts are signed with international companies

⚠️ Problem: It has still not been fully passed due to political disagreements.


🔗 🧩 The Key Connection Between Article 140 and the HCL

These two issues are directly linked:

  • 🧭 Article 140 defines who controls the land
  • 🛢️ The HCL defines who controls the oil within that land

💥 Key example: Kirkuk

  • If it belongs to Baghdad → Baghdad controls the oil
  • If it belongs to Kurdistan → the KRG controls the resources

👉 Without defining territory (Article 140), a unified oil law (HCL) cannot be finalized.


⚔️ 🧠 Why Haven’t They Been Resolved?

The main obstacles include:

  • 🛢️ Control of oil (centralized vs regional authority)
  • 🧭 Territorial disputes over strategic regions
  • 🏛️ Lack of national political consensus
  • 💰 Heavy reliance on oil (over 90% of state revenue)

👉 Result: a long-standing structural political deadlock.


💰 📉 Impact on the Economy and the Iraqi Dinar

Although the Central Bank of Iraq (CBI) operates independently in monetary policy, these issues still influence the broader economic environment:

⚠️ Without resolution:

  • Political uncertainty
  • Reduced foreign investment
  • Budget disputes between Baghdad and the KRG
  • Weak coordination in national economic planning

📈 With resolution:

  • Stronger international confidence
  • Better oil revenue management
  • Improved institutional stability
  • A more solid long-term economic environment

🧠 📌 Conclusion

  • 🧭 Article 140 = determines the future of disputed territories
  • 🛢️ HCL = defines oil control and revenue distribution
  • 🔗 Both are structurally interconnected and remain unresolved
  • 💰 Their resolution would significantly improve Iraq’s economic stability, though they do not directly set the value of the dinar

💬 Comment

It is necessary to complete and approve these laws, because they would provide the economic stability Iraq needs to finally strengthen the Iraqi dinar.🇮🇶💰🛢️⚖️

#Iraq #Article140 #HydrocarbonLaw #HCL #IraqiEconomy #IraqiDinar #OilPolitics #MiddleEast #Kurdistan #Baghdad #EconomicStability

Monday, May 25, 2026

FRANK26….5-24-26…..A CHANGE OF ATTITUDE

 

🇮🇶💵 IRAQ CONTINUES TO SEND SIGNALS THAT ITS DINAR REALLY MATTERS 🚀🔥

 🇮🇶💵 IRAQ CONTINUES TO SEND SIGNALS THAT ITS DINAR REALLY MATTERS 🚀🔥

We should not lose sight of these news reports coming out of Iraq, because they say a lot about what truly matters to them today… 👀

When they talk about:


🏦 protecting reserves,
🪙 maintaining monetary cover,
📈 avoiding inflation,
💵 defending the dinar,
and preserving financial stability…


…that clearly tells me they do NOT want their currency falling apart. ❌

They want a STABLE dinar… and ultimately a STRONG dinar. 💪💵

A country that did not believe in its currency:


❌ would not accumulate over $90 BILLION in reserves
❌ would not buy tons of gold
❌ would not care about monetary backing
❌ and would not constantly discuss exchange rate stability

And even though they may not openly say it often… the fact that behind the scenes they are reportedly considering pairing the dinar 1:1 with the USD 💵 tells me they are not satisfied with the current value of their currency either.

🇮🇶 The Iraqi people are proud of their resources, their oil, and their monetary sovereignty.

This is a matter of time, folks… ⏳
Patience. 👏🔥


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THE IRAQI DINAR IS UNDER PRESSURE FROM THE FINANCIAL CRISIS AND FEARS OF DECLINING MONETARY COVER

Warnings are increasing about the repercussions of the financial crisis on the stability of the Iraqi dinar, with growing talk about the possibility of using part of the cash reserve to cover government expenses.

Economic expert Dr. Safwan Qusay confirmed the possibility of resorting to the cash reserves of the Central Bank of Iraq, given the existence of an amount exceeding $90 billion, while warning at the same time of the occurrence of inflation within Iraq.

(So, like I said in a previous Newsletter they have not yet tied into the reserves to help pay salaries. Those darn salaries (monthly lump sum to Kurdistan for its share of oil revenues).

Qusay said that “the Central Bank of Iraq’s reserves amount to $90 billion in addition to 170 tons of gold, and if borrowing from these reserves is relied upon, it is possible to continue with financial flexibility up to $60 billion.”

(The IMF says Iraq has only 5 months and then their reserves are sown to critical levels. This article also tells us the gold is in addition to the cash reserves in US dollars unlike many of these intel gurus are telling you its all included in the $90 billion.)

He added that “the $60 billion represents the value of the issued Iraqi dinar, but the dinar’s value falling below the aforementioned financial cover means allowing inflation to occur domestically.”

He explained that “the possibility of resorting to borrowing from the central bank’s reserves, or the occurrence of the aforementioned inflation, may happen six months after this May, as the government can secure salaries for this period of time.”

🇮🇶 Iraq’s Emerging Political Alliances Could Support Long-Term Strengthening Of The Iraqi Dinar 💵🚀

🇮🇶 Iraq’s Emerging Political Alliances Could Support Long-Term Strengthening Of The Iraqi Dinar 💵🚀

Yesterday’s Iraqi Football Association election revealed something MUCH bigger than sports.

According to reports, the political alliance built around:

  • Prime Minister Mohammed Shia al-Sudani,
  • Qais al-Khazali,
  • Mohammed al-Halbousi,
  • Bafel Talabani,
  • and Ammar al-Hakim

appears to be expanding its influence beyond parliament and deeper into Iraq’s state-linked institutions.

For the first time:

  • Erbil and Duhok reportedly lost federation representation,
  • while Sulaymaniyah gained influence again.

This reflects a broader political shift happening across Iraq.

The same alliance has already shown growing influence in:


✅ cabinet formation
✅ parliamentary voting
✅ provincial councils
✅ presidential arrangements
✅ institutional leadership positions

At the same time, the report suggests former PM Nouri al-Maliki and allies are gradually losing institutional influence.

Why does this matter for Iraq’s economy and the IQD? 🇮🇶💵

Because major economic transformations like Iraq Vision 2035 require:

  • political coordination,
  • institutional stability,
  • long-term planning,
  • and unified national decision-making.

In my opinion, stronger political alignment could help Iraq:


✅ accelerate economic reforms
✅ modernize institutions
✅ improve financial governance
✅ advance banking reform
✅ expand infrastructure megaprojects
✅ attract foreign investment
✅ strengthen national economic strategy

This becomes especially important as Iraq pushes forward with:

  • de-dollarization efforts,
  • banking modernization,
  • digital payments,
  • Development Road Project,
  • Al-Faw Port,
  • and private sector expansion.

Countries usually cannot strengthen their currency structurally while operating under constant political fragmentation and institutional conflict.

That is why I believe increasing political coordination could become an important part of the larger foundation-building phase currently taking place inside Iraq.

A more unified political environment can create:


📈 greater investor confidence
🏦 stronger institutional control
🌍 better economic execution
💼 long-term stability
💵 and stronger support for the Iraqi dinar

I believe Iraq is entering a phase where:

  • politics,
  • economics,
  • banking reform,
  • and national development

are increasingly aligning toward building a more stable, modern, and globally integrated Iraqi economy under Iraq Vision 2035. 🇮🇶🔥

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Yesterday’s Iraqi Football Association election offered another revealing snapshot of how two emerging alignments are extending beyond parliament and into wider state-linked institutions. The coalition built around Mohammed Shia al-Sudani, Qais al-Khazali, Mohammed al-Halbousi, Bafel Talabani, and Ammar al-Hakim, which The National Context reported on more than a month ago, appears to have won this round as well. For the first time, Erbil and Duhok, which backed the other side, lost membership in the federation, while Sulaimani managed to enter it for the first time in a while. This is significant because it shows that Iraq’s new political alignments are not confined to cabinet formation or parliamentary arithmetic. The same pattern has appeared in the election of the Iraqi president, the speakership, ministerial votes, and some provincial council arrangements in places such as Salahuddin and Kirkuk. It is increasingly moving in one direction: sidelining Nouri al-Maliki and those aligned with him, while the Sudani-Khazali-Halbousi-Talabani-Hakim axis expands its reach across institutions. The same contest may now extend further into Diyala, Mosul, and other provincial arenas.


TIDBITS FROM BRUCE: " We would have rates on bank screens and redemption center screens"

 BRUCE

 I had heard at least a week ago...that they want this done by the end of May. ...I got information... from very good sources ...that says looks like we could get notified any time from Memorial Day to the end of the month, exchange between Memorial Day and the end of the month...
 I do believe this is this is coming right around the corner...

I was told that Wednesday...that we would have rates on bank screens and redemption center screens. We did get confirmation that we have 18 currencies ...currently on redemption center screens, and probably the same amount on bank screens...

Now these are rates that are continually trading up and my instinct is to think that they want to continue to trade these currencies up to where when we go in for our exchanges we'll get better rates than they have right now...I'm not concerned about the rates – 

I know the rates at the redemption centers...and we know that the dinar holders have a contract rate established by President Trump at redemption centers, so we're going to be in great shape..



🇮🇶 Iraq Is Positioning for a Stronger Currency by 2035 💰

 


🇮🇶 Why Is Iraq Already Discussing The 2027 Budget While The 2026 Budget Still Hasn’t Been Passed? 💵👀

 🇮🇶 Why Is Iraq Already Discussing The 2027 Budget While The 2026 Budget Still Hasn’t Been Passed? 💵👀

In my personal opinion, one of the most interesting developments happening in Iraq right now is the fact that Iraqi officials are already discussing and preparing the framework for the 2027 budget… while the 2026 budget itself still has not been officially passed.

According to recent reports, Iraqi lawmaker Dilan Ghafoor confirmed that initial drafting work for the 2027 budget law has already begun, while Iraq continues operating under the temporary “1/12 spending framework” to keep salaries and government operations funded. 🇮🇶

🔗 News Source:
https://channel8.com/english/news/58586

This raises a very important question:

❓Why does Iraq appear to be moving ahead toward 2027 while seemingly bypassing a full 2026 budget?

In my personal opinion, it is not illogical to think that the 2026 budget may have originally been calculated taking into account a stronger Iraqi dinar rate than the current one. 💵

And perhaps Iraq has still not fully completed all the banking, financial, economic, and structural reforms necessary to sustain that type of larger economic framework yet.

That could explain why we are seeing Iraq aggressively accelerating:


✅ banking modernization
✅ de-dollarization
✅ digital payment systems
✅ infrastructure megaprojects
✅ financial governance reforms
✅ private sector expansion
✅ economic diversification
✅ and Iraq Vision 2035 initiatives

…while at the same time still being unable to officially pass the full 2026 budget framework.

Personally, I find it very interesting that Iraq is simultaneously:

  • restructuring its economy,
  • modernizing its banking system,
  • strengthening financial controls,
  • reducing dollar dependency,
  • and planning long-term fiscal transformation,

while already shifting focus toward the 2027 budget structure.

After all, exchange rates impact:


📊 government budgets
📊 salaries
📊 imports
📊 reserves
📊 contracts
📊 public spending
📊 and foreign investment flows

That is why I believe Iraq may currently be in the middle of a much broader economic and monetary transition under Iraq Vision 2035. 🇮🇶🚀

I am not saying this confirms any immediate rate change.

But I do believe Iraq is clearly building the foundations for a more modern, stable, and internationally integrated economic system — one that could eventually support a stronger and more functional Iraqi dinar in the future.


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🇮🇶 Iraq 2035: Why Iraq Is Clearly Working Toward A Stronger Iraqi Dinar 💵🚀

🇮🇶 Iraq 2035: Why Iraq Is Clearly Working Toward A Stronger Iraqi Dinar 💵🚀

If a country is implementing massive banking, economic, and financial reforms like Iraq is doing today, it usually means one thing:

➡️ The country understands its current monetary system is NOT sufficient for its long-term economic goals.

And that is exactly what many analysts believe we are seeing in Iraq today under the Iraq 2035 vision. 🇮🇶

Iraq knows it cannot become:


🌍 a major global trade corridor
🏗️ a regional economic powerhouse
💼 a strong investment destination
🏦 a modern financial center

while:


❌ depending almost entirely on oil
❌ relying heavily on the U.S. dollar
❌ operating with an outdated banking system
❌ and maintaining a weak, highly dollarized economy

That is why Iraq is NOW implementing major reforms including:

✅ Banking modernization
✅ Digital payments expansion
✅ De-dollarization efforts
✅ Stronger monetary controls
✅ Infrastructure megaprojects
✅ Private sector expansion
✅ Industrial development
✅ Foreign investment growth
✅ Financial transparency reforms

These are NOT random actions.

These are the foundational phases countries usually implement when they want:


💵 a stronger national currency
📈 greater economic stability
🌍 more international financial credibility
🏦 a modern banking system
🚀 long-term sustainable growth

Many IQD followers believe we are already witnessing the EARLY STRUCTURAL PHASES of strengthening the Iraqi dinar through:

  • economic diversification,
  • banking reform,
  • digital transformation,
  • and reduced dependence on the dollar.

It DOES show Iraq is actively building the economic and monetary foundation needed for a more stable, respected, and potentially stronger Iraqi dinar in the future. 🇮🇶🔥


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Sunday, May 24, 2026

FRANK26….5-23-26….THE UGLY GIRLFRIEND

 


📰 One of the Biggest Erbil–Baghdad Disputes is the Hydrocarbon Law (HCL) 🇮🇶🛢️

 📰 One of the Biggest Erbil–Baghdad Disputes is the Hydrocarbon Law (HCL) 🇮🇶🛢️

One of the biggest and most important disputes between Erbil and Baghdad is the Hydrocarbon Law (HCL) and the broader oil and gas issue ⚖️🛢️.

In fact, much of the tension between the Kurdistan Region and the federal government for nearly two decades has centered around:

• 🛢️ Who controls oil production
• 📑 Who signs contracts with foreign oil companies
• 💰 How oil revenues are shared
• 🚛 Whether the Kurdistan Region can independently export oil
• 🏛️ How the Iraqi Constitution should be interpreted regarding natural resources

The oil and gas file has long been viewed as one of the core unresolved disputes between both sides.

The conflict intensified after:

📜 The Kurdistan Region passed its own Oil & Gas Law in 2007
• ⚖️ Baghdad rejected parts of that framework
• 🏛️ Iraq’s Federal Supreme Court ruled in 2022 that the KRG oil law was unconstitutional

That is why when Iraqi politicians mention:

“Resolving Erbil–Baghdad issues”

they are often referring to:

• 🛢️ Oil exports
• 💰 Revenue sharing
• 📑 The HCL / Oil & Gas Law
• 🏛️ Constitutional authority and powers
• 🤝 Long-term agreements between Baghdad and the Kurdistan Region

💬 My Opinion:
I believe the HCL and the broader Erbil–Baghdad issues are ultimately resolved and finalized alongside an increase in the value and strength of the Iraqi dinar 💹🇮🇶.

From my perspective, implementing a fully functional HCL under the current exchange rate environment would create major economic pressure and would not properly support Iraq’s broader financial reform goals, including:

• 💵 De-dollarization efforts
• 🏦 Banking sector modernization
• 📲 Expansion of controlled digital payment systems
• 💸 Reduction of excessive physical cash circulation
• 📉 Maintaining inflation within single-digit levels
📈 Strengthening investor confidence and long-term economic stability

I believe a stronger and more internationally functional Iraqi dinar would better support:
• 🛢️ Oil revenue distribution
• 🤝 Stable Erbil–Baghdad agreements
• 📊 Budget implementation
• 🌍 Foreign investment
• 🇮🇶 Iraq’s transition into a more modern financial system

Follow & Join Our Community

📌 BLOG: https://dinarevaluation.blogspot.com/

📌 TELEGRAM: https://t.me/DINAREVALUATION

📌 X (TWITTER): https://x.com/DinarWatchTeam

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#ErbilBaghdad #HCL #HydrocarbonLaw #IraqOil 🛢️ #Kurdistan #Baghdad #EconomicReform #IraqiDinar 💹 #Dedollarization #BankingReform 🇮🇶

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Prime Minister Barzani, Iraqi Speaker al-Halbousi Discuss Constitutional Issues in Baghdad


The meeting focused on the institutional role of the Iraqi Parliament in resolving bilateral disputes and ensuring the rights of all Iraqi components are protected through the legislative process.

ERBIL (Kurdistan24) - Kurdistan Region Prime Minister Masrour Barzani met with Iraqi Parliament Speaker Haibat al-Halbousi in Baghdad on Saturday to discuss the resolution of outstanding issues between Erbil and the federal government.


The meeting focused on the institutional role of the Iraqi Parliament in resolving bilateral disputes and ensuring the rights of all Iraqi components are protected through the legislative process.


According to a statement from the Kurdistan Regional Government (KRG), both officials agreed on the necessity of settling long-standing disagreements based on the Iraqi constitution.


During the discussions, the importance of preparing and approving several national draft laws was emphasized.

The statement noted that these legislative efforts are intended to protect the rights of all citizens while maintaining respect for the federal system and the constitutional entity of the Kurdistan Region.


The KRG statement further highlighted the role of Parliament as a critical legislative institution for serving the diverse groups within Iraq and facilitating stability.

The meeting forms part of a broader diplomatic mission by the Kurdistan Region Prime Minister to the Iraqi capital to normalize relations and address administrative and financial files.


The dialogue underscores an effort to formalize legal frameworks to address issues ranging from budgetary allocations to governance rights.

The meeting took place on the first day of the Kurdistan Region Prime Minister's official visit to the Iraqi capital.


https://www.kurdistan24.net/en/story/915756/prime-minister-barzani-iraqi-speaker-al-halbousi-discuss-constitutional-issues-in-baghdad

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