MILITIAMAN: IQD News Update-Banking-Finance-Customs-Urgency Exchange rate-#iqdnews #iraqidinar #militiaman&crew

 

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Baghdad confirms US warning of sanctions over Al-Maliki premiership bid

 Iraq’s Foreign Ministry confirmed on Thursday that an oral message conveyed by the United States included a “clear and explicit hint” at the possibility of sanctions if the Shiite Coordination Framework (CF), the country’s largest parliamentary bloc, proceeds with its nomination of Nouri al-Maliki for prime minister.

The clarification followed remarks by Deputy Prime Minister and Foreign Minister Fuad Hussein in an interview with Al-Sharqiya TV, after some media outlets reported that no reference to sanctions had been made.

In a formal statement, the ministry explained that the message was delivered by the US side in Washington and consisted of two main components: the first contained an indication that sanctions could target certain individuals and institutions, while the second set out standards governing the nature of cooperation and joint work with the United States, particularly in relation to the formation of the next government and its operating mechanisms.

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The ministry stressed that Hussein’s televised remarks addressed only the criteria outlined in the second component and did not cover the portion referring to sanctions, describing this distinction as the source of confusion in some media coverage.

Under Iraq’s post-2003 power-sharing arrangement, the presidency is traditionally held by a Kurd, the premiership by a Shiite Muslim, and the speakership by a Sunni Arab.

On Wednesday, a US State Department spokesperson reaffirmed Washington’s opposition to al-Maliki’s return to office, warning that advancing the nomination could carry serious diplomatic consequences. He outlined three priorities guiding the US position: ending the alleged dominance of Iran-backed groups in Iraqi politics, reducing Tehran’s influence over state institutions, and strengthening economic partnerships aligned with US objectives.

Sources previously told Shafaq News that the nominee, who heads the State of Law Coalition and served as prime minister from 2006 to 2014, denied reports suggesting he might withdraw from the race, while the Coordination Framework continues to reassess the nomination in light of mounting domestic challenges, regional instability, and external pressure.

JEFF: 🚨 RV During Ramadan? History Says Yes – Jeff Responds to Community Doubts

 🌙 “Nothing Important Happens During Ramadan” – Is That True?

A recent community comment suggested:

“They’re not going to do anything important during Ramadan.”

Jeff directly addressed this claim — and pushed back firmly.

His argument?
History already disproves that theory.

Let’s break it down.

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📜 Historical Proof: Kuwait Revalued During Ramadan (1991)

Jeff points to a documented example:

In 1991, the country of Kuwait reinstated its currency during the holy month of Ramadan.

• Ramadan in 1991 began on March 17

• Kuwait reinstated its currency on March 24

• The action occurred during Ramadan

Following the Gulf War, Kuwait restored the value of the Kuwaiti dinar as part of economic stabilization efforts.

Jeff’s conclusion:

Religious observances do not prevent sovereign monetary action.

Read also: CONFIRMATIONS JUST IN: Tier 4B Final Triggers Activated – Gold-Backed Financial System Irreversible

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🏦 Iraq’s Budget Review: Why Is the Central Bank Governor Involved?

Jeff highlights something he calls unprecedented:

• Iraq’s federal budget being analyzed at a deeper level than prior years

• Direct involvement of the Central Bank Governor

• Detailed monetary discussions surrounding fiscal projections

The institution in focus is the  Central Bank of Iraq.

According to Jeff:

“They’ve never analyzed it at this level.”

His interpretation is that this level of scrutiny signals preparation for:

• International market exposure

• Currency adjustment

• Potential revaluation

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🌍 “Going International” – What Does That Mean?

In dinar discussions, “going international” typically refers to:

• Full currency convertibility

• Broader Forex market participation

• Removal of currency restrictions

• Adjusted exchange rate structure

The currency in question is the Iraqi dinar.

Jeff argues that bringing in “the money man” — the central bank governor — signals serious monetary restructuring behind the scenes.

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📊 Why Ramadan Does NOT Block Financial Moves

It’s important to understand:

• Governments continue operating during Ramadan

• Banks remain open

• Fiscal and monetary policy decisions continue

• International financial obligations do not pause

Many Muslim-majority nations conduct economic activity during Ramadan, including bond issuances, banking reforms, and fiscal legislation.

The idea that “nothing major happens” during Ramadan is not historically supported.

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🔥 Featured Snippet Highlights

Kuwait reinstated its currency during Ramadan in 1991

• Iraq’s Central Bank Governor directly involved in deep budget analysis

• Budget review more detailed than previous years

• Claims that RV cannot happen during Ramadan historically incorrect

• Increased scrutiny may signal international monetary transition

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❓ Q&A Section

Did Kuwait really revalue during Ramadan?

Yes. Kuwait reinstated its currency in March 1991 during Ramadan after the Gulf War.

Does Ramadan stop financial policy decisions?

No. Governments and central banks continue operations during Ramadan.

Why is the Central Bank Governor’s involvement significant?

Because currency valuation and international monetary policy fall under central bank authority.

Does deeper budget analysis guarantee a revaluation?

No. It suggests preparation and financial review, but not confirmed timing.

Is Iraq about to go international?

There is no official announcement confirming a currency revaluation at this time.

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🧠 What This Means for Dinar Holders

Jeff’s main point is about correcting misinformation:

• Historical precedent exists for monetary moves during Ramadan

• Iraq’s budget analysis appears unusually detailed

• Central Bank involvement is noteworthy

However, until official confirmation occurs, these remain interpretations of observable events.

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⚠️ Important Disclaimer

This article summarizes commentary and analysis shared within the dinar community. It does not constitute financial advice. Currency markets carry risk, and official confirmations should always be verified through credible sources.

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Jeff  

 Community Comment:  "They're not going to do anything important during Ramadan." 

 The country of Kuwait did perform their currency reinstatement during the religious celebratory period of Ramadan in 1991.  Kuwait did their currency revaluation on March 24th during their Ramadan period which started on March 17, 1991...So your statement is completely incorrect...When people are incorrect, we will take the time to help you get correct.  That's what this is about.

They're preparing to revalue.  When we've looked at previous years budgets, they've never analyzed it at this level.  They've never seen them bring the central bank governor in doing this type of analysis for a budget.  They're about to go international, revalue the currency.  That's why things are being studied carefully reviewed at this level, all the way to the level of having the central bank governor in there, the money man.