“I just went and visited with my Bank Branch manager. He said the Redemption Centers here in Vegas are manned and ready, and that he has 3 people from my branch that were transferred to one of them 5 weeks ago.
He just said that Treasury is wanting Iraq to get the gold and oil deal done and Rate Immediately.”
Turkish Energy Minister Alp Arslan Bergdar confirmed on Wednesday, February 19, 2025, that his country did not receive any information from Iraq regarding the resumption of oil flow through the Iraq pipeline. “We have not yet received any information from Iraq regarding the resumption of oil flow through the Iraq pipeline,” Bergdar said, according to Reuters.
Iraqi Oil Minister Hayan Abdul Ghani said on Monday that oil exports from the semi-autonomous Kurdistan region of Iraq will resume within the next week, resolving a nearly two-year dispute over Kurdish oil exports, amid improved relations between Baghdad and Erbil.
Turkey halted oil flows in March 2023 after the International Chamber of Commerce ordered Ankara to pay $1.5 billion in compensation to Baghdad for unpermitted oil exports to the KRG via pipelines between 2014 and 2018.
“Tomorrow, a delegation from the Ministry of Oil will visit… Kurdistan Region to negotiate the mechanism of receiving and exporting oil from the region. The export process will resume within a week,” according to Reuters.
Increased adoption: as more individuals and business use the IQD, demand rises, increasing its value. Speculative trading: Investors betting on future appreciation can create exponential growth in the short term.
Scarcity: If the supply of IQD is restricted while demand rises, its value naturally increases.
Psychological milestones: Breaking key value points such as 1 cent or 10 cents can accelerate momentum as more investors take interest.
[We] believe speculation trading, where investors bet on future appreciation of the IQD will create exponential growth in the short term. [We] also believe psychological milestones will play a major part in increasing the value of the IQD
Iraq’s national bonds: Addressing deficits, boosting markets
Shafaq News/ Iraq has launched a new government bond issuance aimed at addressing cash shortfalls, a financial expert revealed on Wednesday.
Mahmoud Dagher, former director of the Central Bank of Iraq (CBI), told Shafaq News that bonds serve as a debt instrument for the government and can be used to cover temporary deficits. “They also play a key role in developing financial markets by providing investment opportunities,” he added.
“Issuing bonds is not necessarily tied to a financial deficit; they can stimulate the country’s financial market by offering financial instruments,” Dagher noted.
On February 5, the Federal Ministry of Finance announced the launch of the first issuance of national bonds for public subscription, valued at 2 trillion Iraqi dinars ($1.53 billion), The subscription period runs from February 10 to March 10, 2025.
The latest issuance follows a similar bond offer last year, branded “Injaz,” which included a 500,000-dinar note with a two-year maturity and a 6.5% annual interest rate, and a 1 million-dinar bond with a four-year term offering 8.5%. Interest payments on both are made semi-annually.
FIREFLY: CBI...did deny any sanctions by the US Treasury on any Iraqi Banks or cards, saying we don't have no sanctions on any banking. This is false news.
Iraqi citizens know who's doing this [reporting false news].
FRANK: I figured that was what was going on. All these rumors just didn't make any sense. All these lies are obviously to stop what's about to happen because at the end of anything, the enemy uses desperate tactics in order to defeat goodness...IMO we will see lies and rumors everyday...just to...delay what Sudani is about to give to the citizens. They want to prevent Sudani's monetary reform.