FRANK26: "THE IQD EXCHANGE RATE... FREED FROM IRANIAN SHACKLES!!!", 18 MARCH

 KTFA

FRANK26: "THE IQD EXCHANGE RATE... FREED FROM IRANIAN SHACKLES!!!".......F26

Iraq Freed from "Iranian Shackles" as Al-Sudani Visits Basra to Follow Up on Gulf Gas Import Project

 

3/15/2025

 

- Basra

 

Prime Minister Mohammed Shia al-Sudani will arrive in Basra Governorate tomorrow, Sunday (March 16, 2025), to follow up on the work of the floating gas pipeline project, in a crucial step to secure the country’s energy needs after the expiration of the US waiver for importing Iranian gas.

Ali Al-Mashkoor, a member of the Oil, Gas and Natural Resources Committee and representative of Basra Governorate, revealed in a statement to Baghdad Today on Saturday (March 15, 2025), that “the Ministry of Oil began working on the project 30 days ago, and is proceeding at an accelerated pace to complete it within 120 days, with the completion rate so far reaching more than 33%.”

He added, "Iraq is moving towards contracting with Qatar and the Sultanate of Oman to import 200 cubic meters of dry gas," noting that "the Ministry of Oil has begun constructing a pipeline extending from the Khor al-Zubair docks to the Shatt al-Basra Regulator, 40 km long and 42 inches in diameter, in accordance with international standards."

He stressed that "the project is being implemented by purely Iraqi hands, including national effort cadres from the Oil Projects Company, which enhances Iraq's ability to implement strategic projects on its own."

He stressed that "the directives of Oil Minister Hayan Abdul Ghani call for expediting implementation to ensure the pipeline's readiness before the summer season, which witnesses a sharp increase in demand for electricity."

Iraq has long relied heavily on Iranian gas to power its power plants, importing approximately 40% of its energy needs.

However, this reliance has made Iraq vulnerable to political pressures and fluctuations resulting from US sanctions on Iran, which require periodic waivers from Washington to allow continued gas flow.

On March 8, the US waiver expired, meaning Iraq is no longer officially able to import gas from Iran without facing legal and economic consequences.

With the arrival of summer, when electricity demand peaks, urgent action was needed to find alternatives that would stable energy supplies.

According to experts, this project falls within the Iraqi government's vision to enhance energy security and reduce waste in the oil and gas sector. It also aims to create local job opportunities through Iraqi-led project implementation, thereby enhancing the country's energy independence.

LINK

TIDBITS FROM NADER FROM THE MID EAST, 18 MARCH

  Nader From The Mid East

  I tell you about three things. 

 Trade, private sector, which it's now very very good...You're going to see a lot of thing about the private sector how good it become and how good they invest into it and the third thing it's Forex. 

 These three things you have to watch...

https://dinarevaluation.blogspot.com/2025/01/tidbit-from-nader-from-mid-east-17-jan.html 

--

• 📅 The 2025 budget is expected to be presented to the Iraqi parliament before Ramadan ends.
• 🤝 An agreement exists among key government bodies regarding budget schedules.
• 📜 Article 77/2nd of the 2023 budget law mandates annual submissions by the Ministry of Finance.
• ⚖️ Recent amendments to Article 12 of the budget law address disputes between the Kurdistan Region and the federal government.
• 🏛️ The Iraqi Council of Representatives is set to vote on the amended budget law.
• ⏳ Delays in budget submission are attributed to ongoing negotiationsand amendments.
• 💰 The resolution of budget disputes is critical for the stability of the Iraqi economy.
• https://dinarevaluation.blogspot.com/2025/03/nader-from-mid-east-iraq-budget-i-think.html
  

REINALDO JC: Seems like rate change dependent to resume the OIL @DINARREVALUATION #iraqidinarinvestor

 

FRANK26: "THAT'S A JOKE, WHAT'S IT WORTH 2 PENNIES?, 18 MARCH

 KTFA

FRANK26:  "THAT'S A JOKE, WHAT'S IT WORTH 2 PENNIES?".......F26

Iran issues new 200,000 toman banknote

3/15/2025

 

The Central Bank of Iran issued a new series of 200,000 toman banknotes on Friday.

According to the Central Bank, the new design features a check featuring an image of the Ruhollah Khomeini Mosque in Isfahan, while the reverse features a painting by Mahmoud Farshchian called Choghan.

Iran is witnessing an unprecedented surge in popular protests, with the economic situation worsening and the national currency collapsing to record lows. The US dollar has reached 95,300 tomans, while the price of a gold bar has exceeded 79 million tomans.

This decline in the currency's value follows statements by Iranian Supreme Leader Ali Khamenei, in which he reiterated his rejection of negotiations with the United States, leading to heightened uncertainty in the markets.

LINK

SANDY INGRAM: Zimbabwe has pulled a fast one on the global stage, 18 MARCH

 Sandy Ingram  

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...

--

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?

Nader From The Mid East: I tell you about three things. Trade, private sector @DINARREVALUATION

 

FRANK26: "PHAGOCYTOSIS !!!", 18 MARCH

 KTFA

FRANK26: "PHAGOCYTOSIS !!!".........F26

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."

LINK