Zimbabwe has pulled a fast one on the global stage.
The new gold backed zig is worth 8 cents. We can only hope that one day soon Iraq will have the same value or more...
Zimbabwe is pulling a "Switzerland" on the global economy, meaning it is making its currency difficult to obtain...
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The Iraqi parliament remained at a standstill locked in a political deadlock that showed no signs of easing.
Lawmakers continued their boycott refusing to attend sessions as long as the popular mobilization forces services and retirement law remained off the agenda. Behind the scenes the Coordination Framework...had been leading the boycott...
This has been going on since the start of 2025. Without enough members present to reach a quorum the country's legislative process has
stopped. The mounting frustrations is enabling a new debate, should Iraq hold early elections? Should parliament be dissolved?
Division within Iran: Reformist pressure may prompt Khamenei to tip the scales
3/15/2025
In light of statements by Ali Khamenei, the Supreme Leader of the Islamic Republic, in which he emphasized his rejection of negotiations with the United States in a series of recent speeches, pressure is now mounting within the Iranian regime, particularly from the reformist movement, to change this position amid tense internal and external circumstances.
In an opinion piece published by Mohsen Hashemi Rafsanjani, head of the Central Council of the Kargozaran Sazandgi Party, he noted that the situation in the country has become extremely sensitive, and that the implementation of Donald Trump's maximum pressure orders, in addition to the Supreme Leader's refusal to negotiate, has made some elements of the regime feel that danger is imminent.
Rafsanjani explained that some reformists view the rejection of negotiations as a temporary decision that could be changed in the future, citing his father's memories of Khamenei being forced to halt his nuclear enrichment program in the 1980s after serious threats to nuclear facilities from Israel.
For his part, former Iranian President Hassan Rouhani counted his country's financial losses from the failure to implement the nuclear agreement. While describing the situation in his country as "dangerous," he suggested that Supreme Leader Ali Khamenei would likely change his position on negotiations with Washington "influenced by the circumstances."
During his meeting with former ministers, Rouhani said, "The Supreme Leader (Ali Khamenei) does not oppose negotiations on the nuclear program, influenced by the current circumstances, but in a few months he may agree under different conditions."
He described the sanctions as a major problem for the Iranian economy, saying, "We have been losing at least $100 billion annually since the US withdrew from the nuclear agreement."
The division within the Iranian regime over the issue of negotiations is evident, with some analysts believing that Trump's conditions, including demands for the regime to accept "disarmament," are extremely difficult to implement. In this context, Jamal Abdi, head of the National Iranian Council in America, called for setting conditions that Khamenei could accept.
Ali Larijani, advisor to Iran's Supreme Leader, also noted that Trump's message, which included a new peace offer, represented a "symbol of negotiation," which some observers viewed as an indication of the possibility of opening the door to dialogue. In the same context, Foreign Minister Abbas Araghchi stated that indirect negotiations with the United States could be a practical option.
Iranian President Masoud Pezeshkian is under pressure from his reformist and moderate allies—chief among them former reformist President Mohammad Khatami and the relative moderate Hassan Rouhani—to push for negotiations with the United States.
On February 7, Supreme Leader Ali Khamenei said that talks with the United States are "not prudent, wise, or honorable," in remarks interpreted in Iranian politics as an order to ban any direct talks with Trump.
The US Mission to the United Nations announced that Washington is committed to continuing to implement President Donald Trump's "maximum pressure" strategy. In a statement regarding a Security Council meeting on Iran, the mission added, "President Trump has made clear that Iran's nuclear program poses a threat to international peace and security."
Talks between Iraq and Turkey are paving the way for energy independence, economic growth, and regional stability. Oil exports, electricity, and water cooperation—game-changers for a brighter future! #Iraq#Turkey#Energy#GlobalImpact”
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BREAKING: Kurdistan Region’s Ministry of Finance transfers over 48.7 billion dinars to Iraq’s Ministry of Finance for February’s non-oil revenues!
A big step in fulfilling financial obligations! #Kurdistan#Iraq#Finance#EconomicProgress
FRANK26: "YOU MUST MEAN THE LOWER NOTES... BECAUSE THE 3 ZERO NOTES ARE OVER 70% COLLECTED... UNDERSTAND KTFA?"....F26
Reassuring citizens, the Central Bank told NINA: We have ample cash liquidity.
3/15/2025
The Central Bank of Iraq (CBI) reassured the banking and community circles of ensuring the availability of cash liquidity to cover all local transactions in Iraqi dinars.
The Governor of the Central Bank, Ali Al-Alaq, said in a statement to the National Iraqi News Agency ( NINA ), that "the Central Bank is the last entity that can be without cash liquidity in Iraq."
He explained that "the Central Bank has wide scope to provide local currency to the extent that this currency is covered by foreign reserves, which currently far exceeds the level of local sufficiency, and more than we can finance."
He added, "There is frequent confusion between the position of the Central Bank, which is a completely different situation from the financial situation related to the financial policy in the country or the Ministry of Finance," indicating that "the Ministry of Finance's revenues are based in dollars through Iraqi oil sales in the global market."
Al-Alaq stressed that "the Central Bank deals in Iraqi dinars for all amounts it receives in dollars, and this is very available under any circumstances," calling for distinction and separation between the financial situation at the level of the government and the Ministry of Finance, and the availability of cash at the Central Bank of Iraq.
Article: "To reduce speculation, a Sudanese advisor reveals a new monetary strategy"
Quotes: "this strategy focuses on expanding the base of buying and selling foreign currency at fixed and stable rates, in line with the current monetary policy.";
"these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency and money governance in line with international standards."
