What they've told us is that going into 2025 they were going to end the currency auctions. We know that much.
They did say they transitioned to that new method of transferring foreign currencies abroad... allowing specific local banks within the country of Iraq to send the foreign currencies...But they never officially ended the currency auctions...
We know the currency auctions have to end at least by the time the rate changes. We also know that from last November through the end of January the currency auctions went up from about $280 million to $300 million, then in January of this year...went higher from $290 million to $300 million...
Their actions of incrementing the currency auctions to higher amounts suggest we're getting getting very close to nearing the end of this..
Frank26:"AL-SUDANI KNOWS WHOSE SIDE HE IS ON"......F26
America calls on Iraq to end dependence on Iranian energy and welcomes Al-Sudani's commitment
3/6/2025
The US State Department called on Iraq to stop relying on Iranian energy sources "as soon as possible."
In response to whether Washington has reached a deal to renew Iraq's exemption from sanctions on Iranian gas imports, which expires tomorrow, Saturday, US State Department spokeswoman Tammy Bruce said, "At this point, we have nothing to announce regarding the current electricity exemption, which expires on March 8."
"We are reviewing all existing sanctions waivers that provide any measure of economic and financial relief," she added.
The spokeswoman welcomed the commitment of Iraqi Prime Minister Mohammed Shia al-Sudani "to achieve energy independence," expressing her hope that the United States would lead the way when it comes to this type of approach.
Iraq currently produces 27,000 megawatts of electricity through stations, most of which operate on gas, but the production capacity sometimes drops to 17,000 megawatts.
This amount, at its maximum, does not meet the country's electricity needs, as Iraq needs to increase production to
reach 40,000 megawatts in order to ensure the provision of energy around the clock.
To solve this crisis, Iraq resorted to importing quantities of Iranian gas, which threatened to expose it to US sanctions, before the United States granted it an exemption that is renewed periodically.
With US President Donald Trump returning to power, he pledged to pursue a policy of "maximum pressure" towards Iran. As a result, the Iraqi government asked the new US administration to extend the waiver granted by the previous administration, according to previous statements by Al-Sudani in an interview with Asharq.
Al-Sudani touched on the issue of ending dependence on Iranian supplies during the interview, noting that the country plans to completely end gas imports by 2028, adding: "There will be clear energy independence."
He continued: "Ultimately, we need this exception to continue throughout this period. At the same time, we have started the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers."
This is not the first statement of its kind, but rather comes just days after US Secretary of State Marco Rubio called Iraqi Prime Minister Mohammed Shia al-Sudani, where they discussed Iranian influence in the region, and Rubio urged Iraq to "achieve energy independence."
The new US statement may not mean that Washington will not renew the exemption granted to Iraq, but it indicates increased pressure on Baghdad to get rid of these supplies.
The comments come hours after US Treasury Secretary Scott Besant confirmed that the US would
tighten sanctions on Iran, adding that the US would “shut down” the country’s oil sector using “pre-determined criteria and timelines.” He hinted that “making Iran bankrupt again would be the beginning of our updated sanctions policy.”
The Treasury secretary suggested that the United States could work with “regional actors” to help Iran get its oil to market. One of those countries is likely to be Russia, which earlier this week signaled its willingness to help the United States in talks with Iran over ending its nuclear program and its support for anti-American regional proxies.
“Treasury is prepared to engage in frank discussions with these countries,” Bessent said. “We will work to shut down Iran’s oil sector and drone manufacturing capabilities.” LINK
In this video, the speaker discusses the topic of the hijab and the perceptions surrounding it, particularly in the context of Western societies like the United States. As a proud Muslim, he defends the choice to wear the hijab, emphasizing that many women choose to wear it as a form of religious expression and personal autonomy.
The speaker recounts a debate he had with a friend who questioned the practice based on perceptions of oppression in countries like Iran and Afghanistan. He argues that the United States Constitution guarantees freedom of religion, and thus individuals should not be judged for their choices, including wearing the hijab.
The speaker also highlights that a significant percentage of women who wear the hijab do so by choice, not coercion. In a subsequent part of the video, he raises concerns about the negative portrayal of Muslims in Western media, questioning the lack of documented instances of Muslims expressing hatred towards other religions.
He calls for an understanding that disagreements do not equate to hatred and emphasizes the need for open dialogue rather than prejudice.
🧕 Freedom of Choice: The hijab is often worn by women as a personal choice, reflecting their religious beliefs and autonomy.
📜 Constitutional Rights: The U.S. Constitution guarantees freedom of religion, which the speaker emphasizes during his conversation with a friend.
🌍 Cultural Sensitivity: The speaker argues that Americans should not judge the practices of other cultures without understanding their context.
✊ Empowerment vs. Oppression: A significant majority of women who wear the hijab do so voluntarily, challenging the narrative of oppression.
🎥 Media Representation: The speaker criticizes the portrayal of Muslims in Western media, calling for a more nuanced understanding of their beliefs and practices.
🤝 Dialogue Over Division: The speaker stresses the importance of dialogue and understanding rather than jumping to conclusions based on preconceived notions.
💬 Shared Humanity: He argues that good and bad exist in all cultures, advocating for a recognition of shared human experiences over divisive narratives.
Key Insights
🌟 Cultural Autonomy and Personal Identity: The choice of wearing the hijab is deeply personal and rooted in individual identity. The speaker makes it clear that the decision to wear the hijab is often a reflection of one’s faith and personal beliefs, rather than an indication of oppression. This highlights the importance of recognizing and respecting individual choices in a multicultural society.
⚖️ Balancing Freedom of Religion and Cultural Criticism: The speaker invokes the freedom of religion clause in the U.S. Constitution to argue for the rights of individuals to practice their faith as they see fit. This raises critical questions about the balance between cultural criticism and respecting religious freedoms, particularly in a diverse nation like the United States.
🗣️ Misconceptions about Muslim Practices: By stating that 80% of women who wear the hijab do so by choice, the speaker challenges the stereotype that Islamic practices are universally oppressive. This insight encourages audiences to reconsider their biases and to approach discussions about cultural practices with an open mind.
🌐 The Role of Media in Shaping Perceptions:
The speaker’s frustration with the media portrayal of Muslims demonstrates how narratives can be skewed, leading to widespread misunderstanding and prejudice. This calls for more responsible journalism that offers balanced perspectives rather than sensationalized narratives.
👥 The Importance of Discourse: The speaker advocates for open dialogue between cultures and religions, emphasizing that disagreements on political or religious matters do not necessarily equate to hatred. This perspective is crucial for fostering mutual respect and understanding in increasingly polarized societies.
🕊️ Shared Values in Humanity: By appealing to shared values and experiences, the speaker encourages listeners to find common ground rather than focus on differences. This can help bridge divides and foster a sense of community among diverse groups.
🚀 Activism and Responsibility: The speaker suggests that if individuals are concerned about the oppression in other countries, they should engage directly rather than criticize from afar. This insight emphasizes personal responsibility in activism and highlights the complexities involved in global issues.
The discussion presented in the video serves as a reminder of the multifaceted nature of cultural practices like the hijab and the importance of understanding the nuances involved in such discussions. It encourages listeners to examine their own biases and strive for a more inclusive and respectful dialogue surrounding cultural and religious practices.
Frank26: "SECURITY & STABILITY FOR THE MONETARY REFORM COMES IN MANY WAYS".....F26
Trump reveals he sent a letter to Iran to negotiate on the "nuclear"
3/7/2025
US President Donald Trump announced on Friday that he had sent a letter to Iran to negotiate an agreement on nuclear weapons .
Trump said during an interview with Fox Business that he wants to negotiate an agreement regarding the nuclear weapons program .
"I sent a letter yesterday, Thursday, to the leader of Iran to negotiate an agreement," he added, expressing his hope to negotiate an agreement regarding the nuclear weapons program with Iran .
Bloomberg reported last Tuesday that Russia had agreed to help the Trump administration communicate with Iran on various issues, including Tehran's nuclear program and its support for anti-US proxies in the region .
"Russia believes that the United States and Iran should resolve their common issues through negotiations. Moscow is ready to do everything in its power to help achieve this," Kremlin spokesman Dmitry Peskov was quoted as saying by Bloomberg, which was circulated by Russian state media. LINK
Will early elections in #Iraq lead to a revaluation of the dinar?
A stable government could bring reforms , boost investor confidence , and improve the economy . But political instability could delay progress . Stay tuned for updates!
#IraqiDinar#Economy#Politics
Early elections and the potential revaluation of the Iraqi dinar are closely tied to Iraq’s political and economic stability. Here’s how these two elements could be related:
1. Political Stability and Economic Confidence:
•Political stability is crucial for economic reform. If early elections result in a government that is more stable and seen as legitimate by the people, it could boost confidence in Iraq’s economic future. A stable government would be better positioned to enact reforms that could lead to a more stable currency or even the possibility of revaluation.
•However, political instability, such as that caused by early elections without a clear result or with a fragmented parliament, could delay or derail economic reforms, making a revaluation less likely.
2. Economic Reforms Post-Election:
•New leadership or a new government following early elections could implement economic reforms needed to create the conditions for a dinar revaluation. This might include strengthening banking systems, increasing foreign reserves, reducing corruption, and improving oil revenues.
•A government with a strong mandate could also negotiate with international institutions (e.g., the IMF) for better terms, potentially leading to a revaluation if the economic environment improves.
3. Public Pressure and Economic Expectations:
•Public demand for better economic management could be a major driver of early elections. Citizens may demand policies that address inflation, unemployment, and the weak dinar. A government elected under such pressure might prioritize currency stabilization or revaluation as part of broader economic policies to improve the standard of living.
•Conversely, a government that fails to meet these expectations could exacerbate economic instability, making any kind of currency revaluation unlikely in the near future.
4. Investor Confidence:
•A successful early election that brings in a reform-minded government could increase investor confidence in Iraq, attracting foreign investment and improving the overall economic outlook. This could make the Iraqi dinar more attractive, providing a pathway for a potential revaluation.
•On the other hand, if early elections deepen political divisions or lead to prolonged political gridlock, investor confidence could weaken, making any plans for currency revaluation more difficult.
Conclusion:
Early elections and the potential revaluation of the Iraqi dinar are indirectly related through the overall political and economic stability they affect. If early elections lead to a more stable and reform-driven government, this could create the conditions needed for a stronger economy, which might eventually pave the way for a dinar revaluation. However, if political instability increases, the likelihood of a revaluation would decrease, as economic reforms would become harder to implement.