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<
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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.
IRAQI DINAR UPDATE : STATUS OF THE CURRENCY EXCHANGE CENTERS
HIGHLIGHTS
💵 Currency Exchange Centers: New centers are established in Iraq to facilitate the exchange of currency and regain control over monetary reform.
📈 Current Exchange Rates: The Iraqi Dinar is trading at rates just under 20 on the Forex market, with potential profits for holders.
🔍 Redemption Centers: These centers are expected to offer significantly higher rates than banks, potentially over five times more.
⏰ Timing is Key: Successful currency trading relies heavily on timing and market awareness.
⚖️ Market Volatility: The Forex market can be unpredictable, highlighting the need for caution among traders.
📊 Recent Fluctuations: A notable spike in the Dinar’s value has sparked interest and speculation about its future trajectory.
🚨 Investment Risks: Currency trading comes with risks, necessitating thorough research and professional advice.
Key Insights
📊 Government Control and Banking Reforms: The Iraqi government’s initiative to control the banking sector and monetary policy has significant implications for the Dinar’s value. By re-licensing banks and establishing currency exchange centers, the government aims to stabilize the economy and enhance investor confidence. This shift may lead to a more reliable
banking environment, potentially increasing the Dinar’s appeal to foreign investors.
📈 Differential Exchange Rates: The disparity between Forex market rates and Redemption Center rates reveals opportunities for traders. While Forex rates hover just under 20, Redemption Centers are projected to offer rates over five times higher. This discrepancy suggests that savvy traders could capitalize on timing their exchanges to maximize returns, emphasizing the importance of thorough research and market monitoring.
📉 Impact of Global Events: Global economic conditions and political stability in Iraq play a crucial role in determining the Dinar’s value. Traders must stay informed about both local and international news, as shifts in political dynamics can have immediate effects on currency valuations. Economic reforms, stability, and external factors like oil prices can all influence investor sentiment and drive exchange rates.
🔍 Market Speculation and Volatility: The recent surge and subsequent fluctuations in the Dinar’s value indicate heightened market speculation. Such volatility may attract both seasoned traders and newcomers hoping to benefit from rapid changes. However, this unpredictability also carries risks, emphasizing the necessity for caution and informed decision-making.
📊 Long-term Potential of the Dinar: Many investors remain hopeful regarding the long-term potential of the Iraqi Dinar, with speculation about its gradual appreciation in value. As reforms take hold and the economy stabilizes, the Dinar could become a more attractive investment. Understanding the factors that drive these changes is critical for making informed trading decisions.
⚖️ Investment Strategies: Engaging with online communities and forums can provide valuable insights into trading strategies and market timing. These platforms can help traders share experiences and advice, enhancing collective knowledge. This communal approach to trading information may empower individuals to make more informed and strategic decisions.
🛡️ Risk Management and Professional Advice: As with any investment, currency trading carries inherent risks. The speaker emphasizes the importance of conducting due diligence, researching potential Redemption Centers, and seeking professional financial advice. By understanding personal financial situations and market dynamics, traders can better navigate the complexities of currency trading and minimize potential losses.
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.
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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 (MIBA -F26) 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.”
Parliamentary Committee Calls on Government to Refer Oil and Gas Law to Parliament Immediately
3/6/2025
Special..
The Chairman of the Parliamentary Oil and Gas Committee, Adnan Al-Jaberi, called on the government today, Thursday, to expedite the referral of the Oil and Gas Law to the Council of Representatives, stressing that its legislation is an essential step to regulate the management of oil wealth and ensure the fair distribution of revenues between the federal government and the producing regions and governorates.
Al-Jaberi said in a statement to / Al-Maalouma / agency, that “the legislation of the Oil and Gas Law is a necessary step to regulate the management of oil and gas wealth in Iraq,” noting that “this law will contribute to guaranteeing the rights of the producing regions and governorates, in addition to developing a clear strategy for investing these resources in the long term.” He explained,
“The law will protect oil wealth from different interpretations and interpretations, whether in the Kurdistan Region or in the producing governorates, and will work to resolve the existing differences between the federal government and the regional government, and control the relationship between the producing governorates and the center.”
He pointed out that "Article 112 of the Iraqi Constitution stipulates the necessity of regulating the oil and gas sector through the enforcement of a special law, but the lack of a common vision and agreement between the federal government and the Kurdistan Region, as well as between the producing provinces and Baghdad, has prevented its approval so far.
" He stressed "the importance of reaching a consensus that guarantees the rights of all parties," calling on the government to "refer the law to the Council of Representatives." "as soon as possible to ensure the fair and equitable regulation of oil revenues." It is noteworthy that the approval of the oil and gas law was delayed for several parliamentary sessions due to political differences that prevented reaching
a consensus on it.