DINAR REVALUATION

Thursday, January 4, 2024

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Will Tehran’s allies push Washington to reconsider its military presence in Iraq?, 4 JAN

Will Tehran’s allies push Washington to reconsider its military presence in Iraq?

The Iraqis welcomed the new year with big questions about the fate of their country, which is still witnessing ongoing confusion at the security and political levels, with the return of Tehran’s allies to escalation against the American presence in the country, and the escalation of calls to end the role of the international coalition in Iraq and the complete withdrawal of American forces from the country.
Although the pro-Iranian groups, whether political or armed, have announced their insistence on resolving the issue of removing American forces from the country, this matter faces political, security, and economic obstacles that complicate the possibility of resolving it.
It appears that there are no American signs of withdrawal despite the escalation in the intensity of attacks launched by pro-Iranian militias, especially after the widespread threats made by the administration of US President Joe Biden to the militias.

Kurdistan…a new area of tension

The limits of tension did not stop at the area where the American presence in the country was targeted, as tension once again came to loom over the relationship between the Kurdistan region and Baghdad, following the targeting of headquarters of the Kurdish “Peshmerga” forces with drones. Kurdistan Regional Government spokesman, Peshwa Hormani, said in a statement, “The federal government (in Baghdad) bears responsibility for these attacks, because these outlaw groups are funded by the federal government, move with their knowledge, transport weapons, missiles, and drones, and carry out terrorist attacks on institutions.” Official and military.
These statements prompted the Iraqi government spokesman, Basem Al-Awadi, to respond in a statement in which he described these accusations as “unrealistic,” considering that they are “lies and contribute to the complexity of the political and governmental scene.”
In the same context, the head of the “Iraqi-Australian” center, Ahmed Al-Yasiri, saw that the recent bombing that targeted Erbil Governorate represents a “dangerous development,” indicating that it “breaks the state of balance between the Iraqi components.” He added, “If the state of balance is not controlled, this may mean that Washington will intervene directly, especially since controlling the balance with the Kurdish and Sunni forces in Iraq, the signs of which do not appear to be achieved, guarantees that the situation will not collapse and ISIS activity may return.” He pointed out that “the continuation of the armed factions loyal to Iran to threaten the balance will push Washington to take firm political measures against the Sudanese government of (Mohamed Shia).”

The “coordination framework” is escalating

The “Al-Fatah” coalition, the parliamentary bloc forming the government, which includes blocs of armed factions loyal to Iran, has always demanded the withdrawal of American forces from the country, as a number of the bloc’s leaders supported military operations targeting the American presence in the country.
The head of the “Nabni” coalition, Hadi Al-Amiri, demanded more than once that a timetable be set for the exit of American forces from the country, pointing out that the presence of those forces “constitutes a factor of destruction to our country and the killing of our children.”
The leader of the same coalition, Ali Hussein, said earlier that “diplomatic methods to remove American forces from Iraqi territory are useless steps,” indicating that “the best way to remove those forces is through continued strikes and targeting of their bases that are located in Iraq illegally.” “.
On the other hand, a representative in the Iraqi parliament for the “coordination framework” indicated that targeting American forces “will not end until they leave Iraq.” Representative Waad Al-Qaddo pointed out in a press statement that “the escalation has entered a new phase, and this is explained by the increase in the number of attacks in the last week, by 60 percent more than the previous period.”

An extension of the Iranian project

Perhaps what reinforces the hypothesis that the attacks by Iran’s allies were unable to force Washington to withdraw is the change in the US rules of engagement, which went through several stages, the first stage of which was responding to those militias in Syria, and then responding to the perpetrators of the attacks directly, until it reached the borders. Targeting the headquarters and strategic centers of these groups, as happened during the past weeks when the headquarters of the “Hezbollah Brigades” militia were targeted.
The head of the “Iraqi-Australian” Center believes that what is happening in Iraq represents “an extension of Tehran’s old project to remove the American presence from the country,” noting that “many political and security obstacles have postponed the possibility of its implementation in the past.”
Although Tehran’s allies have shown great enthusiasm in the recent period to remove American forces from the country, this matter may witness “broad political opposition,” as Al-Yasiri states that several political blocs “fear that Tehran will completely tighten its control over the country in the event of the withdrawal of American forces.”
He pointed out that what drives the pro-Iranian movements to try to remove American forces at this time is due to their feeling of “achieving a historic gain in the recent local elections that will enable them to monopolize power and remove the last obstacles to absolute Iranian hegemony.”
“Despite the awareness of the loyalist movements of the danger of removing American forces through hostile action, and that it may raise widespread economic and political problems for Iraq,” Al-Yasiri expressed his belief that this matter “will not stop their attempts in this context, especially since these movements believe that it is possible to implement an American withdrawal, as happened.” In 2011.”
In contrast to the attempts of Tehran’s allies to push American forces outside the Iraqi geography, Washington seems determined to strengthen its presence in the region, as Al-Yasiri pointed out that “what refutes the possibilities of American withdrawal is the establishment of a new military alliance against the Houthi group in Yemen.” He concluded that “any withdrawal of American forces from their areas of presence in the Middle East will reflect negatively on Washington’s influence in the region,” adding that what is happening now “goes beyond the boundaries of the American-Iranian bilateralism in Iraq, and is part of the conflict and conflict between the two parties in the region and the equations of regional balance.”

Although the pro-Iranian groups have recently shown unprecedented enthusiasm in dealing with the issue of removing American forces from the country, Prime Minister Muhammad Shiaa Al-Sudani still condemns any armed activity outside the military establishment, despite not taking any measures against the pro-Iranian militias, the government’s largest supporter. current. In addition, observers believe that the fears of decision-makers in Baghdad that the American withdrawal from the country could lead to economic collapse makes the government reluctant to push in this direction.
In this context, academic researcher Hamid Habib believes that “the presence of American forces in Iraq represents a strategic issue for Washington,” indicating that this matter “categorically obstructs the possibility of ending this military presence.”

He added, “The statements issued regarding the American forces in the country are nothing more than propaganda attempts by pro-Iranian groups,” pointing out that “major parties within the government and parliament strongly oppose the file of removing American forces from Iraq, specifically the Sunni and Kurdish political leaders.”
For the political forces opposed to Iranian influence, the presence of American forces represents “a kind of multidimensional guarantee and protection,” according to Habib, who continued, “These forces do not want to repeat what happened after 2011, as America’s withdrawal at that time enabled Tehran to fill the areas of influence that were “Operated by Washington.”
However, Habib is unlikely that Washington will strengthen its presence in Iraq, especially since any additional forces would represent “a provocation to the parties loyal to Iran, in addition to there being no need to strengthen those forces at the present time.”
He pointed out that what gives the impression of the “lack of seriousness” among Iran’s allies in removing American forces from the country is the fact that “the prominent feature of the operations in Iraq is that they are still within acceptable limits and are not comprehensive by both parties.”
He concluded that a large part of what is happening in Iraq falls within the scope of “political gain and promotion,” as many of the large factions, since the return of the wave of targeting of American forces, have taken a policy of “distancing themselves from the ongoing conflict and are content only with political statements.”

Repeating the Afghan scenario

On the other hand, political science professor Haitham al-Hiti said, “The new scenario adopted by Iran’s allies in Iraq, through the use of the huge stock of medium-range missiles, makes the course of the conflict in Iraq unpredictable, especially if the intensity of the attacks escalates in the coming period.” He added that Washington is now facing a “complex war in Iraq,” especially with “the freedom of movement enjoyed by pro-Iranian militias and the inability of the Iraqi government to intervene.”
He added that the circumstances facing Washington in Iraq may push decision-makers in the White House to “repeat the scenario of withdrawal from Afghanistan,” which is “the main goal of the militias behind the repeated strikes.”

He concluded that any possibility of an American withdrawal from the country would represent “a major blow to Washington’s influence in the region,” pointing out that what is more beneficial for decision-makers in the United States is “to move toward more feasible political options, especially since Washington was a party in enabling Tehran’s allies to gain power.”

rawabetcenter.com

"RV UPDATE" BY WALKINGSTICK, 4 JAN

Walkingstick

The evidence for the monetary reform was perfectly set up at the start of 2024. If that's the case, what happened? Ka-ka happens. Things happen. It is what it is. What...I'm very very excited about, it's not about rumors..Iran stealing...lies...our government here in the United States of America...Right now what it is, is they are announcing the monetary reform to the Iraqi citizens. There talking about the float and the reason why they're talking about the float IMO is because that's the next phase ...

They didn't print new coins. The old coins they had are still good. That might be one of the reasons why IMO they're going to incorporate it along with the lower denoms at the same time...They have not manufactured any new coins. The CBI is going to use the old coins. Those coins are sitting in the CBI vault...You can throw away fiat. You can throw away paper, the 3-zero notes, but it would be dumb to throw away precious medals. It doesn't have Saddam on it...Coins don't.

Dinar RV Breaking News🔥Iraq's Dollar Dependency in 2024💣Economic Shift t...

Iraq seeks to increase oil production by up to 6 million barrels per day and resume Kurdistan exports, 4 JAN

Iraq seeks to increase oil production by up to 6 million barrels per day and resume Kurdistan exports

Shafaq News/ Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed on Wednesday that the ministry is working to strengthen projects to sustain and increase oil production, and implement the requirements of the five-year plan to reach a production rate of 6 million barrels per day.

This came in a speech while chairing the leadership meeting for operations within the ministry.

In the refinery sector, the minister said: We have achieved a significant increase in production, and we plan to reach self-sufficiency and stop imports. The coming period will witness the completion of a number of promising projects that achieve our goals.

He added, “We have succeeded in promoting associated gas investment projects, and the past period has witnessed an increase in the quantities of gas invested from oil fields, and this year will witness the addition of (200) mqmq from invested fields within the work tasks of the Basra Gas Company, in addition to promising increases from the fields of the two Maysan oil companies.” Dhi Qar.

Abdul Ghani went on to say: We are working to resume the export of crude oil through the northern port, to enhance financial revenues to support the state treasury, in reference to the Kurdistan Region.

He continued by saying that the Ministry achieved an increase in financial revenues over planned in 2023, and we hope to achieve more during the new year.

shafaq.com

"RV UPDATE" BY CLARE, 4 JAN

Clare

Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling" Quote: "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars."

Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual " Quote: "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."

Article: "A financial expert points out the reasons for the continuous decline in the dollar exchange rate" Quote: "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market” Quote “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with international banks for the first time.”

Article: " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules " Quote: " For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

Article: "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules" Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”