Sunday, March 9, 2025
FRANK26: "WHY WOULD YOU GO OUT OF YOUR WAY TO COUNTERFEIT WORTHLESS CURRENCY???!!!", 9 MARCH
KTFA
FRANK26: "WHY WOULD YOU GO OUT OF YOUR WAY TO COUNTERFEIT WORTHLESS CURRENCY???!!!"......F26
Owner of a "fake" exchange office arrested in Basra with about a quarter of a million dollars in his possession
3/6/2025
Basra Police Command announced on Thursday the arrest of the owner of a "fake" exchange office who smuggles dollars through remittances.
(BECAUSE WHEN WE EXCHANGE IT WE WILL BE GIVEN THE CURRENCY & THE NEW
EXCHANGE RATE LIKE EVERYONE ELSE. THEY’RE STEALING SOMETHING WORTHLESS BECAUSE IT’S NOT GOING TO BE WORTHLESS -F26)
The command said in a statement received by Shafaq News Agency, "The arrest of the accused came after forming a specialized work team and setting up a tight ambush for him. A sum of money amounting to 235 thousand and 470 dollars, 112 million Iraqi dinars, and two phones containing details of the transfers were seized from him."
She added, "The necessary legal measures were taken against him to complete his investigation papers."
MAJEED UPDATE, 9 MARCH
MAJEED
The latest currency issued by Venezuela is VES and it is exchangeable for $0.015
100 million note 
for example
Would walk you out with $1.5 million
The exchange I did was on XE app
There might be some Wells Fargo branches that would accept it
You gotta call the foreign currency department of Wells Fargo and ask them
for example
Would walk you out with $1.5 million
The exchange I did was on XE app
There might be some Wells Fargo branches that would accept it
You gotta call the foreign currency department of Wells Fargo and ask them
Saturday, March 8, 2025
Sanctions showdown: Iraq's race for post-waiver energy, 9 MARCH
Sanctions showdown: Iraq's race for post-waiver energy
Shafaq News/ On Saturday, the Iraqi government confirmed that it had not received any official notification regarding the cancellation of its exemption to purchase Iranian gas, a privilege previously granted by US President Donald Trump.
In a statement to Shafaq News, Government spokesperson Basim Al-Awadi emphasized that dialogue and communication between Baghdad and Washington remain ongoing, with both sides recognizing that Iraq's stability is crucial for the broader region. "Iraq has fully adhered to the exemption’s conditions and has taken proactive steps toward long-term energy independence," he stated.
In early February, President Trump revoked Iraq’s waiver to import electricity and gas from Iran as part of new sanctions imposed on Tehran. US media reported that the exemption was set to expire on March 7, raising concerns over Iraq’s energy security and future planning.
To navigate these challenges, the Iraqi government has put in motion a comprehensive strategy that focuses on both immediate and long-term energy solutions.
"The Ministry of Electricity has secured a contract to import gas from Turkmenistan, pending the completion of financial and technical procedures," Al-Awadi revealed. "Additionally, Iraq is coordinating with the Ministry of Oil to import 600 million cubic feet of gas and is exploring the installation of floating LNG platforms in Basra. Meanwhile, the Ministry of Oil has already begun constructing its own pipelines."
Beyond addressing short-term needs, Iraq, according to Al-Awadi, is also working to strengthen its energy security through diversified investments. The broader strategy includes developing steam and combined-cycle power plants while expanding investments in renewable energy sources such as solar power and waste-to-energy projects. "These initiatives are key to strengthening Iraq's energy security and ensuring long-term stability in the sector," Al-Awadi affirmed.
TIDBIT FROM CLARE, 9 MARCH
Clare
Article: "Financial and Economic Measures.. Iraqi Finance Ministry Announces Results of its Meeting with the International Monetary Fund"
Quote: "The Ministries of Finance, Planning, Oil, Electricity and the Central Bank participated, focused on macroeconomic indicators, where a remarkable growth in non-oil GDP was recorded at 5% for 2024, driven by
the expansion of the agricultural sector and increased public spending, with growth expected to continue at 3.5% in 2025...It was agreed to intensify efforts to expand cooperation with foreign correspondent banks...in addition to enhancing the use of the Iraqi dinar in major transactions, which enhances the strength of the national currency"
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