ADVISOR TO THE PRIME MINISTER: IRAQI-AMERICAN RELATIONS ARE VERY GOOD AND THE SPECULATIONS ABOUT THEM ARE BASELESS
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that relations between Iraq and the United States of America are very good and distinguished, and operate within a high-level diplomatic and economic framework.
Saleh told Al Furat News Agency that “the interests of the two friendly countries are moving in positive directions, especially in the field of economic, investment and trade cooperation.”
He explained that “what is being raised by some parties regarding this relationship falls within the framework of political fears, concerns and baseless speculations, and is connected to the changes in the new administration in the United States and its connections with vast political geographies,” stressing that Iraq is not a party to it.
With all the negative news from Tuesday’s Newsletter you will be glad to note that there is some WOW! WOW! WOW! news for today. Yes, all the news today is VERY GOOD.
The glass is half full not empty, in fact it may be overflowing. Remember that with Iraq things can change on a dime in a second.
So, let’s get into this news. I assure you “Our Day Will Come and We’ll Have Everything! Our Day Will Come if We Just Wait Awhile!” Hang in and don’t sell your dinar. You will regret it for the rest of your life if you do.
😊 😊 Please take some time to read the articles titled “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” and ” TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN“.
These are my favorite articles in the news this period. It may at first seem imposing, but it will lead us to what we have been looking for all along. The news does not tell us, but this move by the US is supported by the CBI and is in the plan as the next move that had to be made.
It is a strategic move in the overall plan for the next stage, this part they do tell us. It is going to set up the dinar for the future value. But first there will be some adjustments and bumps in the economy.
I was reminded yesterday on my call to my contact int the CBI to remember that the reinstatement plan always calls for monitoring for inflation at each stage of the process. I was told they are moving in to, yet another stage and they are going to take some time to watch for inflation and see how the market reacts to this move.
How long we don’t know but what we do know it can’t be that long of a period as Iraq will need currency for trade. I was told the dollars are not going away but CASH dollars in physical form are no longer be allowed in Iraq. Once this move settles down and “if and only if” the money laundering ends (Rafidian Bank), we have a VER Y good chance of moving to the next stage which will be the Project to Delete the Zeros.
So, what is happening with the CASH dollar?
I quote from the article “In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market. This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking sector.”
What does this mean?
This is telling us that the US is no longer going to fly over plane loads of CASH of US dollars to Iraq.
Remember I told you that CASH is always a source for corruption as it is harder to trace than electronic payments. So, under the Trump administration with only a month in his administration, decided to cut off the CASH flow of dollars.
This is something that should have been done in conjunction with the correspondent banks move on December 31, 2024 for conducting the payments for Iraqi imports. I think the CBI at that time was being over cautious and wanted to take the time to monitor for inflation. Yes, their plan calls for monitoring and adjusting, if needed, for inflation at each stage of the strategy.
MP CALLS FOR ENACTING OIL AND GAS LAW TO SOLVE SALARY CRISIS
Member of the Parliamentary Oil, Gas and Wealth Committee Nazim Al-Shabli called on the federal government today, Tuesday, to expedite sending the draft oil and gas law.
Al-Shabli told / Al-Maalouma / agency, “The legislation of the oil and gas law is sufficient to solve the crisis of salaries of the region’s employees, indicating that the law contributes greatly to stopping oil smuggling as well as addressing the salary crisis.”
He added that “the salary crisis is ongoing until now and there is hope and a beginning to solve it after the legislation of the oil and gas law within the Council of Representatives,” noting that “the region continues to smuggle oil.”
He stressed “the need to expedite sending the oil and gas law to solve the giant problems between Baghdad and Erbil.”
(All I can say to this article is “I Told You So”. I have explained this many times. The lack of this law slows down and stalls many efforts. The Oil and Gas Law or lack thereof, is at the root of much of the turmoil within Iraq Kurds vs Baghdad.)
"AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?"
Choo-Choo! Enough said.
WOW! WOW! WOW!
"In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market.
This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking
sector." What is a cash dollar? Cash dollars refer to money that is physically sent to Iraq
by the United States, usually through banks or other economic mechanisms.
I could hardly believe my eyes when I read the article. Let's explore this today and see why this move by the US is going to pay off big for Iraq in the long run. But in the short run there is an adjustment they have to deal with. Is this all part of the
bigger plan to get Iraq in a position to reinstate the dinar?
America stops the dollar cash to Iraq: Will the dollar rise against the dinar?
February 12, 2025 Last updated: February 12, 2025
Independent/- In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market.
(THE ONLY THING PROFOUND WILL BE PURCHASING POWER FOR THE CITIZENS!!! -F26)This shift raises many questions about its impact on the value of the Iraqi dinar, (PURCHASING POWER -F26) currency markets, and the local banking sector.
What is a cash dollar?
Cash dollars refer to money that is physically sent to Iraq by the United States, usually through banks or other economic mechanisms. This cash flow has played an important role in supporting the Iraqi economy, especially in light of the economic challenges facing the country.
The reason behind the American decision
Sources indicate that the US decision comes in the context of economic and diplomatic pressures on Iraq, which include issues related to the national economy and monetary policies. Some reports also indicate that the United States may seek to limit the use of the dollar in Iraqi financial transactions, in an attempt to enhance the stability of the local currency and reduce dependence on foreign currencies.
Impact of the decision on the Iraqi dinar
The decision is expected to cause significant volatility in the local currency market.(PURCHASING POWER IS VOLATILE... 1310 IS A VIOLATION TO THE IRAQI CITIZENS!!! -F26) The US dollar is one of the main currencies traded in Iraq, and stopping its flow of cash could lead to a shortage in supply, which could push the dollar higher against the dinar. (THAT'S A STUPID STATEMENT... HOW CAN IT PUSH THE DOLLAR WHEN IT IS REMOVED... IT WILL PUSH UP THE VALUE OF THE IQD!!! -F26)
The impact of the rise on the Iraqi market
The increase in the value of the dollar may lead to higher prices in the Iraqi market, which will exacerbate the burden of inflation and affect the ability of citizens to purchase basic commodities. This may also indirectly affect economic activity, especially in sectors that rely heavily on imports.
Are there any solutions?
The Iraqi government will face a major challenge in dealing with these developments. The next phase (THIS SENTENCE ADMITS THERE IS A NEW RATE COMING... AND YOU BETTER BE PREPARED FOR IT!!! -F26) may require developing new economic and financial strategies to mitigate the impact of sudden changes in currency rates. It is necessary to have a move towards strengthening the Iraqi dinar and diversifying the sources of the national economy away from heavy reliance on the dollar.
Conclusion
In light of these developments, it will be important to monitor the short- and long-term effects of this decision. Iraq needs decisive steps to secure the stability of its national currency and protect its economy from the repercussions of the decision to stop the use of the cash dollar. . LINK