FRANK26: "SECURITY & STABILITY AGAINST IRAN FOR A NEW EXCHANGE RATE IN IRAQ".......F26
Trump Sanctions Send Iranian Currency to Biggest Collapse in 46 Years
2/8/2025
- Economy
Iranian markets witnessed a record collapse of the local currency, the largest in 46 years, as the US dollar jumped by 3,000 tomans to reach 89,000.
This decline comes in light of US President Donald Trump’s return, last Tuesday, to the “maximum pressure” policy against Tehran, which exacerbated the economic crisis and directly affected the foreign exchange market and gold prices, and was followed by the US Treasury imposing sanctions on Iranian oil exporters.
Gold prices also recorded a significant increase in Iran, amid these fluctuations.
According to exchange centers, the euro reached 91,200 tomans, while the British pound reached 111,800 tomans, representing the largest collapse of the Iranian currency since 1979 against the US dollar.
It is noteworthy that at the beginning of the current Iranian year, on March 21, 2024, the dollar was at around 61,000 tomans, reflecting a rapid deterioration in the value of the currency within a short period
In this video transcript, the speaker expresses strong opinions about the current political climate in the United States, particularly criticizing the actions and leadership style of former President Donald Trump.
The speaker argues that the president’s approach to firing employees, particularly in government roles, is shortsighted and fails to consider the human consequences of such decisions.
They emphasize the importance of empathy and understanding the lives of those who work in various sectors, such as airports, suggesting that political affiliations should not dictate employment stability.
The speaker also critiques Trump’s foreign policy views, particularly regarding Gaza, and expresses skepticism about Trump’s business acumen, highlighting the financial advantages he had from his family wealth.
Overall, the speaker calls for a more rational and compassionate approach to governance, criticizing what they perceive as a lack of common sense in leadership.
🏛️ Criticism of Trump’s Leadership: The speaker argues that Trump’s firing of staff lacks consideration for employees’ personal lives.
💼 Misconceptions about Business Acumen: The speaker challenges the notion that Trump is a successful businessman, pointing out his inherited wealth.
⚖️ Human Impact of Political Decisions: The speaker highlights the consequences of political decisions on ordinary citizens and their families.
🌍 Skepticism of Foreign Policy: The speaker doubts Trump’s claims regarding his ability to control foreign territories like Gaza.
📉 Common Sense vs. Leadership: The speaker insists that Trump’s leadership lacks common sense, contrary to his own assertions.
💰 Critique of Wealth Advantage: The speaker emphasizes that Trump’s success in real estate may stem from inherited wealth rather than genuine business skills.
🔍 Call for Empathy in Governance: The video advocates for empathy and understanding in political leadership, particularly regarding employment matters.
Key Insights
🤔 The Importance of Empathy in Leadership: The speaker underscores that political leaders must recognize the human impact of their decisions on employees and their families. By contemplating the implications of firing individuals without considering their personal circumstances, leaders risk alienating the very citizens they serve. This insight suggests that effective governance requires a balance between tough decisions and ethical considerations, promoting the idea that leadership should be approached with compassion.
💬 The Flaws in Trump’s Business Persona: The speaker paints a picture of Trump as someone who has not earned his business success through merit but has instead benefited from substantial financial backing from his father. This perspective invites viewers to reconsider the narrative of the self-made businessman and understand the role of privilege in shaping one’s career. It raises questions about the validity of Trump’s claims of being a successful entrepreneur when his background may have afforded him advantages not available to the average American.
📊 Taxpayer Burden and Policy Consequences: The speaker warns that the ramifications of Trump’s decisions will ultimately fall on American taxpayers. This insight draws attention to the broader implications of political choices, suggesting that leaders must remain accountable for the economic realities that their policies create. By highlighting this connection, the speaker encourages viewers to critically evaluate the long-term effects of political decisions on public finances.
🌐 Foreign Policy Realities: The speaker expresses skepticism about Trump’s foreign policy ambitions, particularly regarding the situation in Gaza. This skepticism invites a deeper analysis of the complexities of international relations and the feasibility of unilateral action by a president. It underscores the importance of informed and strategic decision-making in foreign policy, cautioning against oversimplified narratives that overlook the intricacies of global politics.
📈 The Perception of ‘Fake News’: The speaker critiques Trump’s frequent use of the term “fake news,” suggesting it reflects a broader issue of accountability in journalism and politics. This insight prompts viewers to consider the implications of dismissing media criticism as fake, questioning the balance between legitimate critique and the stifling of dissenting voices. It also raises concerns about the erosion of trust in media, which is essential for a well-informed public.
🔄 Common Sense and Governance: The recurring theme of common sense—or the lack thereof—in Trump’s governance is central to the speaker’s argument. By claiming that Trump’s decisions are devoid of practical reasoning, the speaker advocates for a more rational and thoughtful approach to leadership. This insight encourages viewers to demand accountability and sound reasoning from their leaders, fostering a political climate where decisions are made with careful consideration rather than impulsive reactions.
📉 Reality of Employment in Politics: The speaker highlights the often-overlooked reality of government employees who work behind the scenes.
By emphasizing that these individuals are not defined by their political affiliations, the speaker advocates for a more inclusive view of public service. This insight points to the necessity of recognizing the diverse
FRANK26: "THE NEW EXCHANGE RATE IS VERY INTERNAL!!!"......F26
In preparation for any emergency" .. The State Administration meets again to discuss internal and regional files
2/9/2025
The "State Administration" coalition will hold a meeting this evening, Sunday, to discuss three important files related to security, the economy, and the changes in the region and their consequences.
An informed source explained to Shafaq News Agency that the political forces within the State Administration Coalition, which requested to postpone the meeting the day before yesterday indefinitely, returned and informed the Prime Minister of their readiness to discuss their proposals related to the files on the table, and as a result, it was agreed to hold the meeting this evening.
The source pointed out that "among the important files that the meeting will discuss is supporting the Central Bank to be the controller of all transfers and banks that adhere to the conditions and mechanisms imposed by the Federal Bank and the Central Bank, in addition to the political file with all its details, especially completing the necessary procedures to hold the upcoming elections on time. The security and political challenges in the country and the region will also be discussed, and their repercussions on Iraq, with an emphasis on preparing for any emergency by unifying positions and giving priority to the public interest over partisan interests."
The source stressed that "the meeting will consider the major changes resulting from the decisions of the world's influential powers, which push towards taking measures to confront future challenges," referring to the statements of Israeli Prime Minister Benjamin Netanyahu regarding the establishment of a Palestinian state on Saudi lands, in addition to US President Donald Trump's threat of subsequent decisions regarding the region, as well as the movement in the US Congress to place some armed factions on the list of terrorist organizations.
Regarding the controversy over the recent laws voted on by the House of Representatives, such as amending the General Amnesty Law, the Personal Status Law, and the Law on Returning Properties to Their Owners in Kirkuk, the source said that the matter is “left to the legal authorities concerned with the matter (the Federal Court),” adding that “the matter is not new,” as in 2008 three laws were passed in one basket, namely the General Amnesty Law, the Federal Budget Law, and the Law on Governorates Not Organized in a Region.
In the context, a leader in the "Hikma" movement, led by Ammar al-Hakim, revealed the reasons for not holding the meeting of the State Administration Coalition called for by Prime Minister Mohammed Shia al-Sudani, yesterday, Saturday.
Rahim Al-Aboudi told Shafaq News Agency, "There are differences between the political forces regarding a number of issues and files, most notably the issue of the recent guardianship order issued by the Federal Supreme Court," indicating, "There was a political vision calling for giving the Federal Court the necessary time to process the appeal submitted by some representatives."
Al-Aboudi added: "Today, Sunday, there will be an important meeting of the State Administration Coalition, according to the invitation of Prime Minister Mohammed Shia al-Sudani, and important topics related to developments in the political scene and international pressures that Iraq is going through will be discussed."
Al-Aboudi explained that "the meeting today is 90% certain, but if an emergency occurs or any political party withdraws from the meeting, it may be postponed to another date."
The State Administration Coalition decided to postpone the meeting scheduled for yesterday, Saturday, until further notice, in order to give the Federal Court the opportunity to address the appeal against the decisions to ratify the “single basket” laws, which include draft laws on the general budget, general amnesty, and personal status.
A source told Shafaq News Agency yesterday that there are visions and proposals that have not yet been completed within some of the framework forces and the state administration, which prevented the meeting from being held on time, which included discussing important political, security and economic files, in addition to regional and international developments.
The "State Administration" coalition includes the Shiite parties (the Coordination Framework), the Sunni blocs (the Progress and Sovereignty Alliance), and the Kurdish parties (the Kurdistan Democratic Party, the Patriotic Union of Kurdistan), and since its formation it has aimed to support a consensus government to ensure the stability of the political process and implement agreements between the political blocs.
Article: "Minister of Finance receives a delegation from the German corporation for international cooperation."
Interesting...so are they going to be doing this 1310 business forever? I don't think so. Quote: "In the presence of sectoral bodies from the Central Bank of Iraq, Federal Integrity commission, Financial Supervision Bureau and the
General Authority for Customs and Taxes at the ministry's headquarters..." These guys are focused 100% on Iraq getting into the International world.
FRANK26: "REMEMBER... KUWAIT WAS AGAINST THE MONETARY REFORM OF IRAQ!!!"......F26
Al-Sudani: The door is open for Kuwait to enter into development projects
2/9/2025
Prime Minister Mohammed Shia Al-Sudani called on the State of Kuwait, on Sunday, to invest in vital development road projects in Iraq.
This came during his meeting today in Baghdad with the Kuwaiti Ambassador to Iraq, Hassan Mohammed Al-Zaman.
Al-Sudani pointed out, according to a statement issued by his media office, the depth of relations between the two countries, and the importance of consolidating and expanding them at various levels and stages.
During the meeting, the Prime Minister stressed his aspiration to strengthen constructive bilateral cooperation in several fields, pointing to the available opportunities and the availability of an appropriate investment environment for the work of Arab and foreign companies, including Kuwaiti companies.
The statement quoted Al-Sudani as saying that the door is open for the State of Kuwait to enter into development projects and benefit from the announced investment opportunities, which contributes to strengthening economic integration and interconnected interests between the two countries.
In April 2024, Iraq, Turkey, the UAE, and Qatar signed a quadripartite agreement on the Iraq Development Road Project, under the auspices of Iraqi Prime Minister Mohammed Shia al-Sudani and Turkish President Recep Tayyip Erdogan.
The agreement aims to enhance cooperation regarding the Iraq Strategic Development Path project, as the four countries will work to establish the necessary frameworks for implementing the project, according to a statement issued by the Prime Minister's Office.
The strategic project of the development road is expected to contribute to stimulating economic growth and strengthening regional and international cooperation relations, as it will achieve economic integration and sustainability between the East and the West.
The project will also increase international trade, facilitate the movement of goods, provide a new competitive transportation route, and enhance regional economic prosperity.
It is worth noting that the "Development Road" project is a land and railway road extending from Iraq to Turkey and its ports. The length of the road and railway is 1,200 kilometers inside Iraq, and it aims primarily to transport goods between Europe and the Gulf countries.
The project's investment budget amounts to about 17 billion US dollars, of which 6.5 billion is for the expressway, and 10.5 billion for the electric train. It will be completed in 3 phases, the first ending in 2028, the second in 2033, and the third in 2050.
The project is expected to provide about 100,000 job opportunities in the first phase, and one million job opportunities after its completion.