Frank26
We wait patiently in line with everybody and everything else. We all patiently wait for the new effective exchange rate. That's called the REER. In reality we won't see that for quite a while.
It'll come through the float.
What I care to see right now is at least 1 to 1 or maybe go back to the 'glory days' with an RI of $3.22. We all wait for the new rate to come out...
KTFA
FRANK26: "SECURITY & STABILITY DEMANDS YOU DEPART FROM IRAN BUT YOU GOT 30 DAYS".........F26
3/9/2025
On Sunday, the head of the Finance Committee in the Iraqi Parliament, Atwan Al-Atwani, sent a letter to the US government stating that stopping the import of gas from Iran will cause the collapse of the electricity grid system during the coming summer in Iraq, indicating the need to extend the exemptions granted to Iraq in this regard after they were officially stopped by the administration of US President Donald Trump.
This came during Al-Atwani's meeting with the US Ambassador to Iraq, Daniel Rubinstein, and the accompanying delegation, according to the MP's media office.
The head of the Parliamentary Finance Committee stressed the importance of this visit at this sensitive time, and stressed the need for continuous communication to correct the course of Iraqi-American relations.
The statement added that the meeting focused on discussing the US sanctions file and their impact on the electricity sector, especially in light of talk about the expiration of the deadline for Iraq to be exempted from importing Iranian gas.
The statement also indicated that Al-Atwani conveyed an important message to the US ambassador to his country's government, stating that stopping gas imports would have disastrous consequences for the Iraqi people, especially in the summer, as it would cause the collapse of the national electricity system, due to the lack of any alternatives at the present time.
Al-Atwani said during the meeting that the Iraqi government is serious about achieving energy independence through several promising projects related to investing in associated gas, for the purpose of using it in generating electricity and achieving self-sufficiency, but these projects will enter service in the coming years.
Al-Atwani also called on the US administration to review the policy of pressure exerted by the US Treasury on the financial and banking sector in Iraq by imposing continuous sanctions on local banks.
He pointed out that Iraq has achieved a qualitative shift in the policy of compliance and financial transfers, and despite that, we are surprised by collective sanctions targeting Iraqi banks without prior warning and without any declared justification or even notifying the Central Bank of Iraq about that, and this has created a major problem for us and affected the work and activity of the banking sector.
In turn, the US Ambassador expressed his understanding of what Al-Atwani had raised during the meeting regarding the energy and banking sanctions files, and promised to convey these messages to his country's government in the hope of finding permanent treatments and solutions that would achieve the interests of the two friendly peoples, noting that the import of natural gas is, until now, outside the sanctions system, according to the statement.
Henig
Article: "Communication 'cut off' between Al-Sudani and Al-Maliki, and Trump will not bring down Baghdad. Saudi report - Urgent"
Quote: "American diplomats who had just returned from Baghdad, stating that the Donald Trump administration is reviewing the situation and may issue 'unusual' sanctions on Iraq, but in 'doses similar to chemotherapy.' ;
It also quoted political sources in the Coordination Framework, saying that discussions and disagreements have reached the point of 'cutting off communication' in recent days between Prime Minister Mohammed al-Sudani, the leader of the State of Law Coalition,
Nouri al-Maliki, and others from the Shiite alliance, reflecting a difference in opinion on how to deal with 'maximum' American pressure and the almost unstoppable transformations across the region."
KTFA
FRANK26: Trump hints at imminent event in Iran: I hope to make a peace deal with them
3/7/2025
US President Donald Trump expressed his hope on Friday evening to conclude a peace agreement with Iran that would prevent them from possessing a nuclear weapon, stressing that "something will happen with them very soon."
Trump added in statements he made at the White House that "the United States is in the final moments of negotiations with Iran, and that he hopes that military intervention will not be necessary."
"We have a situation with Iran, something is going to happen very, very soon," Trump continued. "You'll be talking about it soon, I think."
He expressed his hope for reaching a peace agreement, saying: “I am not speaking from a position of strength or weakness, I am just saying that I would rather see a peace agreement than the other option, but the other option will solve the problem,” without further clarifying what he meant by the other option.
Trump had said earlier in an interview with Fox Business that aired on Friday that he wanted to negotiate a nuclear deal with Iran and that he had sent a letter to the Iranian leadership last Wednesday proposing talks with Tehran, which the West fears is rapidly approaching the ability to make nuclear weapons.
"I think they want to get that message across. The other alternative is that we do something, because we cannot allow another nuclear weapon," he continued.
Asked whether he had sent the message to Iranian Supreme Leader Ayatollah Ali Khamenei, Trump replied, "Yes."
"There are two ways to deal with Iran: militarily or make a deal, and I prefer making a deal because I'm not looking to hurt Iran. They're a great people," Trump said.
Last month, Trump reimposed a policy of “maximum pressure” on Iran, including efforts to cut off its oil exports to zero. But he also said in February that he wanted to strike a deal with Iran that would prevent it from developing a nuclear weapon.
Walkingstick
[Iraqi Bank friends Aki and East updates]
This report is from a culmination of many meetings [they were] having with every department that you can think of but mainly the IMF, US Treasury and The World Bank were spearheading this.
We had everybody at these meetings, not just countries...we had a lot of different companies that came in...Our dear friend that we call East was also involved in these meetings...
These meetings have concluded and there is a date.
There is a rate of when they want to bring out these budget tables.
Aki's boss is the one we want to thank because he...got the information. He got a rumor that there's a rate and a date. You know...IMO it's real.
You see, Aki's boss is a person in 'the need to know' about the monetary reform of the Iraqi dinar.
💰 SCENARIO 1: $50,000 (Protection + Solid Foundation) 👉 The goal here is NOT “getting rich quickly” 👉 The goal is to protect the money...