Tuesday, March 11, 2025

FRANK26: "M.R. DEMANDS SECURITY & STABILITY & TRUMP LEADS THE EFFORT!!!"., 12 MARCH

 KTFA

FRANK26: "M.R. DEMANDS SECURITY & STABILITY & TRUMP LEADS THE EFFORT!!!"......F26

Washington is concerned about Baghdad sinking.. Waltz tells Al-Sudani: Trump's pressure on Tehran will increase

 

3/9/2025

 

US National Security Advisor Mike Waltz confirmed that pressure on Iran will increase if it continues to develop nuclear weapons capabilities and "support terrorism throughout the region," including in Iraq.

This came in a special post by Waltz on his account on the X platform, following talks he held with Iraqi Prime Minister Mohammed Shia al-Sudani.

 

Waltz expressed his concerns about the recent floods in Baghdad.

He also stressed the importance of moving towards strengthening bilateral relations between the two countries based on security and trade interests.

The US National Security Advisor noted that the decision not to renew the waiver on sanctions on Iranian electricity exports is consistent with President Trump's "maximum pressure" strategy on Iran, and that pressure on Iran will increase if Iran continues to develop nuclear weapons capabilities and support terrorism throughout the region, including in Iraq.

He welcomed "Al-Sudani's efforts to achieve energy independence for Iraq, and encouraged his government to welcome more Western and American energy companies into Iraq's oil and gas sectors."

The National Security Advisor also urged the Iraqi government to work with the Kurdistan Regional Government to resolve contract disputes and pay arrears owed to American energy companies, and also asked the Iraqi government to maintain an investment coordinator to work with American companies seeking to invest and operate in Iraq.

The National Security Advisor thanked the Prime Minister for his commitment to the U.S.-Iraq bilateral relationship and emphasized the Trump administration’s commitment to deepening energy and economic ties between the two countries to the benefit of the American and Iraqi people.

A statement from Al-Sudani's office stated that the latter and Waltz affirmed their commitment to strengthening and deepening the strategic partnership between Iraq and the United States, while Waltz indicated that "ending the exemption of electricity supplied from Iran is linked to the maximum pressure policy, which confirms the importance of bilateral coordination to avoid any potential negative effects on Iraq's stability."

The US waiver on sanctions on Iran that Iraq was granted ended on Saturday (March 8, 2025), and thus the Baghdad government will not be able to import Iranian gas needed to operate power plants across the country.

The US State Department confirmed on Sunday the end of exemptions that allowed Iraq to buy electricity from Iran, as part of the "maximum pressure" policy pursued by the administration of President Donald Trump against Tehran.

Washington stressed its refusal to provide any economic relief to Iran, noting that the goal is to end the Iranian nuclear threat, limit its missile program, and prevent its support for armed groups.

For many years, Iraq has relied on importing electricity and gas from Iran, especially during the peak of summer, and thus relies on the ongoing American exemptions, which are issued more than once each year.

In October 2024, Iraq signed an agreement with Turkmenistan to import gas in quantities of up to 20 million cubic meters per day, via the Iranian pipeline network, using the swap mechanism to facilitate transportation, but it has not yet started operating due to technical problems, as the Ministry of Electricity recently announced.

In statements made by representatives to Shafaq News Agency, the Deputy Chairman of the Electricity Committee in the Iraqi Parliament, Walid Al-Sahlani, confirmed that the interruption of Iranian gas will cause the loss of 8,000 megawatts from the country's electricity system.

Meanwhile, the spokesman for the Parliamentary Oil and Gas Committee, Ali Shaddad, revealed the Iraqi government’s intention to import Gulf gas instead of Iranian gas after the recent US sanctions, announcing a project that is being worked on at high speed in Basra, in the far south of the country.


LINK

TIDBIT FROM MNT GOAT, 11 MARCH

  Mnt Goat 

 Article:  "INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”.  If you look at the

Dr Shabibi plan to get to the reinstatement you can clearly see...he planned to put the brakes on after each step, then monitor closely for inflation... 
Folks the process is working…

 Articles:  “INVESTMENT OPPORTUNITIES ARE EXPANDING...FAO IS PREPARING TO TRANSFORM INTO THE LARGEST INDUSTRIAL CITY IN THE MIDDLE EAST” and  “MF CONFIRMS SUPPORT FOR IRAQ IN DEVELOPING FINANCIAL POLICIES” 

Quote:  “the development road will transform Iraq into a pivotal commercial center linking the East and the West through advanced industrial cities extending from Al-Faw to the Turkish border,”  All I can say is WOW! WOW! WOW!. How can the dinar ever stay at 1/6 of a penny in the near future?...

MNT GOAT: They have not yet even opened the 2025 budget, there still can be a rate change coming!!

 


ZOOM IRAQ NEWS : Baghdad now demands public employees’ bank account details to release February salaries to Kurdistan Region, 12 MARCH

 ZOOM IRAQ NEWS 

Baghdad now demands public employees’ bank account details to release February salaries to Kurdistan Region civil servants — a condition the KRG rejects,
Iraqi-Kurdish lawmaker Soran Omar told Zoom News. He added that Baghdad rejects the share of non-oil revenues sent by the KRG, demanding a larger amount, 

and noted that political dynamics are also influencing the salary issue.
Image


TIDBIT FROM FRANK26, 12 MARCH

 Frank26  

It was last month that Sudani said right around the middle of February that at the end of February we will bring the budget tables...Then towards the end of last month he says I'm going to do it at the beginning of March...On the 3rd of March he comes out and he says I'm going to do this at the middle of March...

Here we are headed towards the middle of March in about another week and he just made an announcement...he says I'm going to expose the budget tables at the end of March...

We went from the end of February to the beginning of March, to the middle of March...What is April 1st

 End of quarter.  What did Dr. Shabibi want when he wanted to release the new exchange rate?  The beginning or end of a year or the beginning of a quarter...

MNT GOAT: .we are not likely to see any reinstatement of the dinar until Iran is broken #iqd

 

Mechanism for publishing data on buying and selling foreign currencies, 11 march

 Mechanism for publishing data on buying and selling foreign currencies

The Central Bank of Iraq explains the mechanism for publishing data on the sale and purchase of foreign currencies from the daily bulletin to the monthly report, which will include:

- Total enhancement of bank balances abroad.
- Settlements of electronic payments abroad.
- Cash sales.

The bank confirms that this decision came in conjunction with the transition from the electronic platform mechanisms to the mechanisms for enhancing the balances of authorized Iraqi banks with correspondent banks, and that the process of enhancing banks does not reflect the daily sales of bank customers until the operations are actually realized. 

It draws attention to the Central Bank of Iraq's possession of sufficient foreign reserves to meet all official requests for foreign currency, which enhances confidence in the national currency. 
Noting that the report scheduled to be published next month will include details of external transfer operations

in terms of (amounts, the most prominent imported goods and materials, the most prominent countries from which they were imported.

Central Bank of Iraq 
March 5, 2025   link

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