Highlights: THE CURRENT STATE OF THE IRAQ DINAR, THE OIL MARKET AND CRYPTOCURRENCY INVESTMENT OPPORTUNITIES, 12 APRIL

 Highlights: THE CURRENT STATE OF THE IRAQ DINAR, THE OIL MARKET AND CRYPTOCURRENCY INVESTMENT OPPORTUNITIES

Summary 

The discussion begins with the lack of progress in opening the Kurdish Turkish pipeline, which the U.S. is pressing the Iraqi government to resume. Tensions arise as the Iraqi government reportedly fails to uphold contract agreements with American companies, particularly concerning oil.

 Despite these challenges, the speaker notes that U.S. officials continue to advocate for investment in Iraq. Additionally, attention is drawn to the introduction of Iraq’s digital currency which, along with global oil prices, reflects the nation’s economic potential.

The central bank is planning to amend renewable energy regulations, highlighting a shift towards investing in sustainable energy. The black market exchange rate for the Iraqi Dinar is also discussed, illustrating ongoing economic challenges.

• 🚨 The Kurdish Turkish pipeline remains closed amid U.S. pressure on Iraq to resume operations.
• 📉 The Iraqi government is reportedly not honoring contracts with U.S. companies, leading to tensions in business relations.
• 💡 U.S. officials emphasize Iraq’s “virgin land” potential for various sector investments.
• 🔍 Iraq is set to launch its digital currency with widespread interest from the crypto community.
• 💰 Current black market rate for the Iraqi Dinar highlights ongoing economic volatility.
• 📈 A new decentralized exchange is set to launch soon, presenting a lucrative investment opportunity in crypto.

Key Insights

• 🌍 Iraq’s Economic Landscape: The current economic conditions in Iraq reflect a complex intersection of opportunities and challenges. The U.S. is actively encouraging business investments, yet the Iraqi government’s reluctance to honor contracts may deter foreign investment. As this relationship evolves, the emphasis on Iraq as an untapped market could either solidify or deteriorate, depending on the government’s adherence to international agreements and business practices.

• 📊 Oil Market Dynamics: The speaker notes Brent crude oil pricing around $63 and WTI at $60, indicating a stable yet challenging oil market. The price levels suggest that while there’s a demand for oil, geopolitical influences and domestic policies significantly impact Iraq’s ability to capitalize on oil revenue. This landscape warrants close scrutiny for investors looking to understand the broader economic implications.

• 💱 Digital Currency Developments: As Iraq prepares to launch its digital currency, the implications for economic modernization and integration into the global economy could be profound. Digital currencies often attract investor attention, creating potential for significant returns; yet, this brings its own set of risks and regulatory hurdles that Iraqi authorities will need to navigate effectively.

• 🌱 Renewable Energy Initiatives: The amendment of regulations by the Central Bank of Iraq regarding renewable energy signifies a critical step toward sustainable development. As energy needs evolve globally, Iraq’s commitment to renewable sources may attract international partnerships and funding, presenting long-term benefits for the nation’s economic prospects.

• 💹 Cryptocurrency Investment Strategy: The outlined returns paint a picture of viable and lucrative opportunities in the crypto space. Investors should approach this arena with careful consideration of risk factors but remain open to its possibilities, particularly as market dynamics shift.

• 🔍 Black Market Exchange Rates: The mention of the black market exchange rate sheds light on Iraq’s ongoing economic challenges, including inflation and currency stabilization efforts. Understanding these factors is crucial for investors; fluctuations in the Dinar can indicate broader economic health and influence investment strategies significantly.

RV UPDATE: Back screen rate for dinars showed up as approximately $5 this morning at JPMorgan Chase

 

FRANK26: "WE WANT TO DROP LEAFLETS OF PEACE NOT BOMBS", 12 April

 KTFA

FRANK26: "WE WANT TO DROP LEAFLETS OF PEACE NOT BOMBS"..........F26

US Defense Secretary threatens Iran with B-2 bomber message

4/10/2025

 

US Defense Secretary Pete Hegseth said on Thursday that Iran is the one who decides whether the recent US move to deploy B-2 bombers to Diego Garcia in the Indian Ocean is a message to Tehran, expressing his hope that US-Iranian negotiations over Tehran's nuclear program will lead to a peaceful solution.

US officials told Reuters that Washington had moved up to six B-2 bombers in March to a US-British military base on Diego Garcia, amid a US bombing campaign in Yemen and escalating tensions with Iran.

The B-2 is a rare military asset, with only 20 of these aircraft in the US Air Force. It is distinguished by its ability to evade radar and carry heavy bombs and nuclear weapons.

When Hegseth was asked whether the deployment of the bombers was intended to send a message to Iran, he said: "We'll let them decide. It's a great asset. It sends a message to everyone."

During his visit to Panama, he added, "President Trump has been clear: Iran must not have a nuclear bomb. We very much hope that the president will focus on achieving this peacefully."

US President Donald Trump unexpectedly announced on Monday that the United States and Iran would hold direct talks on Iran's nuclear program next Saturday, warning that Iran would be in "great danger" if the talks failed.

LINK

 

Dr. Shabibi answering IRAQ revaluation and redenomination questions, 12 APRIL

 Dr. Shabibi answering IRAQ revaluation and redenomination questions

Date: Abril 19, 2011

Location: US Chamber of Commerce Washington, DC

Former Central Bank of Iraq Governor Sinan Al-Shabibi addresses two key topics related to the Iraqi currency. First, he explains that any decision to revalue the Iraqi dinar depends largely on maintaining price stability and controlling inflation. 

While other factors—such as trade, the balance of payments, and overall economic development—also play a role, stabilizing inflation remains the Bank’s top priority before considering an exchange rate adjustment.

Second, Shabibi discusses plans to remove three zeros from the currency (often called “redenomination”). 

He emphasizes that this move is not intended to devalue or weaken the currency, but rather to simplify financial transactions, calculations, and record-keeping. 

This step, he notes, must be accompanied by public education, careful planning, and coordination with various government agencies, including security forces.

 Ultimately, the goal is to streamline the currency system in a more stable economic environment.

GOLD WILL BACK THE DINAR !!! @DINARREVALUATION #iraqidinar #iraqidinarinvestor #iqd

 

FRANK26: "KTFA FAMILY PLEASE NOTICE... NOT TRILLIONS , BUT BILLIONS !!!", 12 APRIL

 KTFA

FRANK26: "KTFA FAMILY PLEASE NOTICE... NOT TRILLIONS , BUT BILLIONS !!!"......F26

US Embassy: We signed billions of dollars in agreements with Sudan.

4/9/2025

Baghdad -

The US Embassy in Baghdad confirmed on Wednesday that it had signed multibillion-dollar agreements with Iraqi Prime Minister Mohammed Shia al-Sudani, through American companies, to meet Iraq's energy needs.

The embassy stated in a post on the “X” platform, which was monitored by the 964 network :

Proud that American companies GE Vernova and UGT Renewables signed multibillion-dollar agreements with the Prime Minister @Prime Minister's Media Office to meet Iraq's energy needs. The United States' leadership in the energy sector drives global progress.

LINK

MILITIAMAN: Non-oil income - Iraq Gazette 4821 - Wages - Oil - Article 12 C - Investment gl, 12 APRIL

 MILITIAMAN: Non-oil income - Iraq Gazette 4821 - Wages - Oil - Article 12 C - Investment gl

Highlights

Summary

The video content dives into recent developments concerning Iraq’s efforts to diversify its economy away from an oil dependence, emphasizing the importance of enhancing non-oil revenue through legislative reforms and international partnerships. The Parliamentary Finance Committee is amending import control laws to bolster sustainable development and the private sector’s role in the economy.

 Attention to salary payments for public employees in the Kurdistan region is presented alongside discussions about ongoing legislative and administrative mechanisms which are crucial for financial stability.

 Recent meetings with a U.S. economic delegation suggest significant partnerships aimed at strengthening various sectors, including technology, in Iraq. 

The overarching theme highlights a commitment toward revitalizing Iraq’s economy while navigating its structural challenges, especially in the housing and industrial sectors.

• 📈 Economic Diversification: Iraq aims to reduce its oil dependency through amendments to import control laws, enhancing non-oil revenues.
• 💼 Private Sector Focus: Legislative changes are largely geared toward embracing private sector investments and involvement in the economy.
• 💰 Salary Payment Commitments: Amendments ensure timely salary payments for government employees, indicating a move toward financial responsibility.
• 🇺🇸 U.S. Partnership Development: The visitation of a large U.S. economic delegation indicates strong interests in developing robust business relations with Iraq.
• 🏗️ Addressing Housing Shortage: Iraq’s need for approximately 4 million housing units emphasizes the urgency of public-private partnerships to meet the demand.
• 🏛️ Industrial Sector Support: Government meetings demonstrate a proactive strategy to enhance industrial growth and support for the local manufacturing sector.
• 🌍 Regional Financial Integration: Iraq’s participation in various Arab financial initiatives reflects a commitment to regional cooperation and economic resilience.

Key Insights

• 🚀 Shifting Economic Paradigm: The current amendments to import laws signal a strategic shift for Iraq towards a more diversified economy—leaning heavily into non-oil revenues. By working closely with international partners and the local private sector, these legal adjustments illustrate the momentum towards sustainable development.

• 💡 Private Sector Vitality: The discussions led by the Parliamentary Finance Committee stress the necessity of nurturing the private sector as a pillar for economic stability. By advancing regulations that favor private investments, Iraq aims to cultivate a competitive economic environment that aligns with global best practices.

• 📅 Salary Mechanisms Enhancement: The commitment to ensuring that salary payments, especially within the Kurdistan region, are enacted without delays is a significant financial policy shift. This move indicates a longer-term effort to stabilize public service expenditures, essential for fostering trust in governmental fiscal management.

• 🌐 United States Engagement: The emphasis on U.S.-Iraq relations showcases a pivotal aspect of Iraq’s strategy to enhance its economic position. The presence of a substantial U.S. delegation highlights investor confidence and the potential for significant technological and infrastructural advancement.

• 🏡 Critical Housing Needs: The pressing requirement for housing combined with a thriving population reflects the urgent need for coordinated efforts between public and private sectors. The engagement of private investors for developing housing units indicates an understanding that sustainable urbanization can be achieved through collaborative efforts.

• 🔧 Industrial Growth Initiatives: The formation of an industrial sector support committee underlines a proactive governmental stance to address challenges in local manufacturing. Targeting enhancements in production capabilities and stability for industrialists reveals an inclination towards self-sustaining economic growth.

• 🔗 Financial Integration Initiatives: The focus on enhancing partnerships with Arab nations for financial cooperation is strategic for Iraq. This addresses not just immediate financial needs but also aligns Iraq with wider regional economic developments, fostering a network of mutual support and opportunity for sustained growth.

The video paints a picture of a country poised for growth as it traverses its post-conflict landscape, leveraging international relations, legislative reform, and strategic investment to build a resilient economy.