CRYPTO TRADER
#IQDCentral Bank: Comprehensive digital transformation in the financial sector is coming soon.
The timing of the announcement is interesting.
Monday, March 10, 2025
US calls on Iraq to stop relying on Iranian energy supplies, 10 MARCH
US calls on Iraq to stop relying on Iranian energy supplies
Baghdad (IraqiNews.com) – The spokesperson of the US Department of State, Tammy Bruce, said on Thursday that the US administration is urging the Iraqi government to eliminate its dependence on Iranian sources of energy as soon as possible.
During a press briefing, Bruce added that the US administration welcomes the Iraqi prime minister’s commitment to achieve energy independence.
In terms of the Iraq sanctions waiver for Iran gas imports that expired on March 8, Bruce explained that the US administration is reviewing all existing sanctions waivers that provide Iran any degree of economic or financial relief.
In December, the United States extended a 120-day waiver that permits Iraq to pay Iran for energy imports.
The United States is trying to lessen Iran’s influence in the region, believing that a safe, sovereign, and stable Iraq is essential to these endeavors, according to the principal deputy spokesperson of the US State Department, Vedant Patel.
Since 2018, the US State Department has allowed Iraq to buy power from Iran while it continues to build up its own domestic generation capacity.
Tehran can only use the funds for non-sanctionable transactions, such as purchasing food and agricultural items for humanitarian purposes.
The United States has consistently granted exemptions to Iraq to enable it to fulfill its immediate energy requirements without violating US sanctions.
Baghdad has been urged by Washington to lessen its reliance on Iranian energy and natural gas while stiff sanctions are still in place against Tehran.
The United States has placed sanctions on Iran due to Tehran’s nuclear program and backing for extremist groups.
Iraq is the first destination for Iranian exports, as the value of Iranian exports to Iraq between March 2022 and March 2023 reached $10.23 billion.
Gas imports from Iran are important for Iraq to generate electricity. However, US sanctions imposed on Iran make it difficult for Baghdad to pay for the Iranian gas.
The US sanctions imposed on Iran force Iraq to pay for Iranian electricity only through restricted bank accounts in Iraq, which Iran can use to purchase its humanitarian needs after obtaining permission from the United States.
Iraq heavily relies on gas imports from Iran but has recently invested in many projects to start taking advantage of flared gas and using renewable energy to generate electricity.
https://www.iraqinews.com/iraq/us-calls-on-iraq-to-stop-relying-on-iranian-energy-supplies/
TIDBIT FROM SANDY INGRAM, 10 MARCH
Sandy Ingram
This report is concerning for IQD investors holding IQD banknotes. We have no reason to believe our bank notes are in trouble...It appears many Iraqi people are holding on to their IQDs.
However speaking at a conference in Baghdad Ali Mosen Alaq, governor of the Central Bank of Iraq highlighted significant advancements in digital payments.
He pointed to a sharp rise in ATMs and e-wallet usage which...have propelled financial inclusion from 20% to 40% within just two years...He... predicted a gradual decline in cash transactions as central banks move toward digital payment solutions. In line with global trends, the CBI intends to develop its own digital currency.
Washington to Baghdad: No more reliance on Iranian energy sources, 10 MARCH
Washington to Baghdad: No more reliance on Iranian energy sources
US Secretary of State Marco Rubio stressed on Sunday (March 9, 2025) that the government of Iraq should stop relying on Iranian energy sources.
The minister stressed in exclusive statements on Al-Arabiya channel and followed by “Baghdad Today”, that “the maximum pressure exerted by the United States on Tehran comes with the aim of ending the Iranian nuclear threat,” noting that “Iran is an unreliable supplier of energy.”
He added that “the transformation in the energy sector in Iraq provides great opportunities for American companies,” stressing “Washington’s readiness to support this transformation in a way that serves the interests of Iraq and enhances energy security in the region.”
Last February, the United States imposed new sanctions on an international network accused of smuggling Iranian oil to China, the first new measure as part of the so-called “maximum pressure” policy pursued by US President Donald Trump against Iran.
The US Treasury Department announced that this network transported millions of barrels of Iranian crude oil, saving hundreds of millions of dollars to fund the Iranian armed forces and Tehran’s allies in the region.
Last Thursday, the US “exemption” for the export of Iranian gas to Iraq ended.
https://baghdadtoday.news/269514-واشنطن-لبغداد-لا-مزيد-من-الاعتماد-على-مصادر-الطاقة-الايرانية.html
MIKE BARA & WOLVERINE CHAT, 10 MARCH
MIKE BARA & WOLVERINE CHAT
MIKE BARA: Wolverine, I am hearing the exact things you are. I have a few contacts and they are all focusing on tomorrow and Tuesday in the USA. There is pressure to do this overnight.
The President of Iraq has gone to a special session in Cairo tomorrow, ahead of Pres Trump's speech tomorrow. Everyone is on the same page.
Also have heard from people who know bond contacts that they were paid out last week, and that they have currency exchange appts stating tomorrow. That is the first time I ever heard about currency exchanges. Don't be disappointed if not first thing tomorrow, but all is pushing toward that.
All Wolverine's sources are different than mine, and it appears all is coming together . Wolverine, you are right, we may have to go silent for a while after the RV.
WOLVERINE: Good news from the currency side, fantastic news!
MIKE BARA: Just two hours ago, heard those appts are scheduled at major banks for people who have already cashed in certain bonds, and they are scheduled for currency exchanges.
WOLVERINE: I have heard that the redemption centers will be open for a month to give people more time to exchange in the event they are in the hospital, out of town.
MIKE BARA: MarkZ has said, this, that the redemption centers will dopen for about four weeks. I hope Donald Trump speaks of any one of the points you mentioned above, it will push us into a new frontier toward our objective. I think it is a good idea to have this call as we will be pretty excited at some point this week.
WOLVERINE: We have been let down many times, and I have absolute faith in God that we will have something special, and after the call I had today from high places, these people are to get paid this week, 1000% confirmed.
MIKE BARA: This cannot be stopped,as bond people have been paid in fiat, not gold backed, but no one knows how it will all play out. Skye's report aligns with all we are both hearing.
WOLVERINE: I heard president Trump will be talking in comms, I hope it is not in comms, hope it is in layman's terms.
MIKE BARA: Pres Trump only has to say ONE significant thing,like coming off the gold standard, just one thing he says will shake up the markets and put things in motion. Everyone is tired and we need this to go forward.
WOLVERINE: Hopefully Pres Trump will speak outright tomorrow without comms. All we can do is have faith. Thank you Mike, for being on this call!!!
MIKE BARA: A Big Party with Mike and Jenn is scheduled for May! If this happens this week, the NDA should expire by then.
JENNIFER (JENTEL): Hi everyone! I have been receiving mostly what Mike has heard, and I do believe we have come through most of what needs to be done for other tiers, and we are right here ready for our turn.
I think they are waiting for Pres Trump to say his speech, there may be comms for Iraq to pull the switch. I am hoping Pres Trump will announce that the fiat dollar is failing, and we go to gold. He will talk about gifts coming to people (DOGE) tax reduction and elimination.
Gabrial saw a moment of shock across the audience during the speech, just not sure, if it will be announcing gold back currency then, and it may be the elimination of income tax. He will talk about making America the World financial leader, this is the language they are looking for to send the notifications, as this part needs to be done behind the scenes. I think it will be a good speech. He will talk about foreign affairs.
I do not think he needs to announce gold backedfor us to RV. I think he already signed authorization for us to proceed like it was said last week.
But once the speech is done things will move fast. ***Please LISTEN TO RECORDING FOR MORE DETAILS..... What Mike said I have heard the same thing from certain contacts. There has been a lot of activity in Reno, now it is calming down. Either way, we are looking at Tuesday, likely Wednesday, for notifications. At this point, this is what I know. I have not heard any bad news.
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