Monday, February 17, 2025
Baghdad informs Washington that it wants to keep US forces in Iraq – urgent, 17 FEB
Baghdad informs Washington that it wants to keep US forces in Iraq – urgent
Baghdad Today – Baghdad
Sources from Washington said on Sunday, February 16, 2025, that the US administration informed the Iraqi government that it wanted American forces to stay on Iraqi territory.
The sources told Baghdad Today that “the Baghdad communication to Washington guaranteed its desire to abandon the agreement between the two countries, which provides for the withdrawal of American forces by September, September 2025 in the first phase.”
Iraq and the United States announced on September 27, 2024, that the military mission of the US-led coalition in Iraq would end by September 2025, with the transition to bilateral security partnerships.
The joint statement explained that “the alliance will end its mission within 12 months and no later than the end of September 2025,” adding that “the coalition’s military mission in Syria will continue until September 2026.”
Baghdad and Washington had reached an agreement earlier in September 2024 on the withdrawal of international coalition forces from Iraq, according to a plan that is being implemented in stages.
Sources told Reuters a few days ago that the plan includes the exit of hundreds of US-led coalition forces by September and the rest by the end of 2026.
TIDBIT FROM FRANK26 17 FEB
Frank26
Question: "Your friend has [an Iraqi] bank in Dearborn Michigan would you exchange your currency at that bank?"
No, no, no. I'm an American. I'm a patriot. I'd rather exchange at an American Bank, even thought I'm not too happy with them, because I want the dinars to go to our federal reserves to help our country.
If I go to Aki's bank the dinars will go back to the CBI...The CBI doesn't mind we are helping our country...
The President of the Republic ratifies the amendment of the budget law on the export of Kurdistan oil through “SUMO”, 17 FEB
Shafaq News / Amang Rahim, Secretary of the Council of Ministers of the Kurdistan Region, announced on Sunday that the President of the Iraqi Republic Abdul Latif Jamal Rashid ratified the first amendment to the Iraqi Federal Budget Law on the export of oil from the Kurdistan Region through the national oil marketing company “SOMO”.
Rahim said in a post on social media today that the President of the Republic signed the first amendment to the Iraqi Federal Budget Law No. 13 of 2023 on the export of the region’s oil through (SOMO).
He explained that “in accordance with the provisions of the amendment related to the cost of producing and transporting oil, the proceeds from the sale of oil exported from the Kurdistan Region will return to the Federal Treasury.”
Rahim added that “in order to apply the law, only one stage remains, which is its publication in the official Iraqi newspaper of facts.”
The Iraqi Council of Representatives voted, in early February, on the draft law of the first amendment to the federal general budget law of the Republic of Iraq for the fiscal years (2023 – 2024 – 2025) No. (13) of 2023.
Iraqi Foreign Minister Fouad Hussein confirmed on Saturday that Baghdad worked to settle technical issues with the Kurdistan Regional Government to restart the crude oil export pipeline to Turkey, after a close of nearly two years that cost Iraq about $ 19 billion in lost revenues.
Turkey stopped the flows on the pipeline, which transports oil from the Kurdistan region of Iraq to the Turkish port of Ceyhan, in March 2023 after an arbitration court ordered it to pay about $ 1.5 billion in compensation to Iraq to transport oil without the consent of Baghdad. Ankara refused to pay the fine at the time and asked Erbil to pay it.
The closure of the pipeline led to the suspension of Iraqi oil exports of about 500,000 barrels per day, and the resumption of oil flows from Kurdistan may alleviate some of the impact on markets due to the reduction of shipments from Iraq, the main exporter of crude.
Iraq was exporting about 400,000 to 500,000 barrels per day from the northern fields, including the Kurdistan Region, through the now-stalled pipeline, and Oil Minister Hiyan Abdul Ghani said earlier this month that Iraq plans to transfer at least 300,000 barrels per day of crude oil once operations resume, adding that the Iraqi administration also began a formal process to convince the regional government to transfer oil to the Federal Oil Marketing Company (SUMO).
Turkey has repeatedly said that the pipeline is ready to work and that it is up to Iraq to resume flows, and the United States has expressed a strong desire to see oil flowing through the Iraqi-Turkish pipeline.
The resumption of shipments through the pipeline could pose a dilemma for Baghdad, which is committed to cutting crude production as part of the OPEC+ agreement but is struggling to commit to the promised cuts.
The production and exports of the Organization of the Petroleum Exporting Countries are under increasing scrutiny after US President Donald Trump last month called on the group to “lower the price of oil”.
TIDBIT FROM FNU LNU, 17 FEB
Fnu Lnu
People who will get paid before the official FOREX listing are contract holders who contracted to sell to private buyers. These contracts are pre-2011 October. This is because of the "Law Of One Price".
It is illegal to sell the same financial instrument for different prices in different markets. There are a few other groups that were sanctioned by the UST but they are very few. They will get higher returns on investment than the regular guy off the street.
It is a myth that you will be offered a "Contract Rate" at a "Redemption Center". Neither exist in the real world...ALL sanctioned groups are under strict NDA's. There will be no telegraphing of pre-payouts and no one will be "Screaming Like A Stuck Pig" lest they want their payments clawed back. (Lose their money)
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