Monday, April 7, 2025
Iraq faces economic pressures... US tariffs could be the beginning of upcoming challenges., 7 APRIL
Iraq faces economic pressures... US tariffs could be the beginning of upcoming challenges.
4/6/2025
Economic expert Salah Nouri confirmed on Saturday that the government may be forced to revise its general budget estimates in light of emerging economic challenges, particularly with shifts in oil revenues and remittances from the US.
Nouri told Al Furat News Agency that "Iraq will not be directly affected by the new US customs duties on oil exports, as Iraqi oil exports to the United States are not included in these duties."
He explained that "although Iraq imposes customs duties on luxury cars imported from the United States, Baghdad may face future pressure to reduce these duties."
He added, "It is likely that Washington will take certain measures to pressure Iraq in this regard, but these scenarios remain mere expectations at the present time."
From.. Raghad LINK
GOLDILOCK: The RV / GCR : How Tariff's Change CURRENCY RATES, 7 APRIL
GOLDILOCK: The RV / GCR : How Tariff's Change CURRENCY RATES
Highlights
Summary
In this episode of Goldilocks Global Banking News, host Freedom Fighter discusses the ongoing developments in the global financial landscape, particularly focusing on the concept of reciprocal tariffs and their implications for currency revaluation.
The commentary underscores the potential for trade wars to affect currency markets negatively, offering a detailed analysis of how tariffs can disrupt international trade relationships.
By exploring the dynamics between countries and their currencies, the video illustrates the interconnectedness of global economies. Freedom Fighter emphasizes that while these trade conflicts may lead to currency fluctuations, governments and central banks may intervene to stabilize their currencies as needed.
Moreover, the host reiterates the need for relationships with wealth managers to navigate these turbulent times, reinforcing the idea that individuals and organizations should prepare to deal with the impact of such economic changes.
As the podcast closes, Freedom Fighter encourages viewers to engage with the content and stay informed about the evolving situation in global banking and currency revaluation.
- 📈 Goldilocks as a key source for RVGCR insights, encouraging viewers to stay informed.
- 🌍 The impact of tariffs on global financial systems and currency revaluations.
- 🔄 Trade wars create currency pressure, leading to potential currency revaluations.
- ⚖️ The relationship between tariffs and currency values can be complex and multifaceted.
- ⌛ Short-term market volatility vs. long-term currency adjustments.
- 💬 The importance of establishing relationships with wealth managers in preparation for economic changes.
- 🔒 The potential role of stable coins in stabilizing currency values amidst trade fluctuations.
Key Insights
📊 The Interplay of Tariffs and Currency Values: The introduction of tariffs disrupts the regular flow of goods between countries, leading to shifts in demand for foreign currencies. A country that raises tariffs may see its currency strengthen against others because lower imports reduce the demand for foreign currencies. Conversely, retaliatory tariffs can lead to the depreciation of a country’s currency, highlighting the need to monitor these dynamics closely.
🌊 Volatility in Global Markets: The impact of tariffs can lead to uncertainty in the markets, creating “rough waters” in trading. The video suggests that market participants should be prepared for short-term volatility while waiting for longer-term adjustments as central banks might intervene or the trade conflicts could resolve more quickly than anticipated.
🔄 Central Bank Intervention: Governments may deliberately manipulate their currency values to counteract the economic pressures caused by tariffs. This can involve lowering a currency’s value to make exports cheaper or offset higher import costs that result from tariffs. Understanding this strategy is crucial for investors and individuals navigating the currency markets.
⏳ Need for Patience and Preparedness: Freedom Fighter emphasizes that the process of currency revaluation resulting from trade wars is not instantaneous. Individuals need to prepare and establish connections with bankers and wealth managers well in advance of significant changes, suggesting that preparation is key to navigating uncertain economic waters.
📉 The Role of Stable Coins: Digital asset regulations and the stable coin market may play a crucial role in stabilizing currencies during turbulent economic periods. As countries implement reciprocal tariffs, stable coins could help manage the new valuations in global markets, providing essential liquidity and stability to the currency landscape.
🔍 Monitoring Economic Indicators: The influence of tariffs on currency values can vary greatly among nations. Factors such as economic structure, reliance on imports, and the overall strength of a country’s economy will affect how tariffs reshape currency valuations. Understanding these factors will allow investors to make more informed decisions.
⚖️ Trade War Risks and Opportunities: The potential for trade wars to affect economies is significant. Countries that are heavily reliant on exports may face currency depreciation, while those importing goods will experience increased costs. Investors should be aware of these shifts and adjust strategies accordingly, leveraging insights into how different currencies may be affected.
Overall, the Global Banking News episode provides valuable insights into the ongoing complexities of global trade and currency markets, emphasizing the importance of informed preparation and strategic relationships in navigating these challenges.
The Iraqi Oil Ministry completes the project to connect 28,000 tankers to the GPRS system, 7 APRIL
The Iraqi Oil Ministry completes the project to connect 28,000 tankers to the GPRS system.
4/6/2025
The Oil Products Distribution Company, a subsidiary of the Iraqi Ministry of Oil, announced on Sunday the completion of a project to connect tankers to the GPRS (tank tracking system), after including more than 28,000 government and private tankers in the project.
The company's general manager, Hussein Talib Abboud, said in a statement received by Shafaq News Agency that the project was completed with continuous follow-up from Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani, noting that it represents part of a larger project to automate the distribution sector across the country. He explained that the system contributes to electronic and security monitoring of the movement of petroleum products, and significantly reduces smuggling and trafficking operations.
Aboud added that the system is linked to a unified data center that monitors tanker traffic around the clock. This data can be accessed when needed to track the vehicle's route and stops. He noted that the project was implemented in cooperation with the Ministry of Communications/Al Salam General Company.
For his part, the Director of the Inspection Authority, Alaa Adnan, explained that the Authority is continuing to adopt modern technology and applications in its inspection work, noting that the company has begun to reap the benefits of the GPRS system in reducing smuggling and tampering, and ensuring that petroleum products reach their intended beneficiaries. LINK
IRAQ JUST DROPPED TWO BOMBSHELLS — AND NOBODY’S PAYING ATTENTION, 7 APRIL
IRAQ JUST DROPPED TWO BOMBSHELLS — AND NOBODY’S PAYING ATTENTION 🇮🇶🔥
1. Iraq CONFIRMS Oil Hedging — Welcome to the Big Leagues
PM Adviser Salih just revealed Iraq has hedged its oil revenues — shielding its entire economy from price drops.
This isn’t just smart. This is what sovereign, globally integrated economies do.
Iraq just joined that club.
Hedge against market downturns and profit during volatility.
Iraq just did it—at a national level—with oil as the asset. That’s their #1 export.
Translation: They’re ready to enter the big game.
—
2. Budget Tables (2025) Are DONE — Sent to Al-Sudani’s Cabinet for Approval
Minister of Planning Tamim confirmed the tables are now in the hands of the Council of Ministers.
This is the exact process:
•Cabinet votes
•Parliament reviews and votes
•Budget goes public
That means the exchange rate is likely finalized or about to be locked in.
And guess what? No new projects were added.
Why? Because this is a budget for activation, not experimentation.
They’re ready to execute. Not guess.
—
3. Salaries Paid Early — Internal Stability Locked In
Salaries — including for retirees — were paid before Eid al-Fitr.
That’s strategic. It sends a message:
“We’re stable, liquid, and ready.”
They want the public calm before a massive shift.
—
Bonus: The Budget is 200 Trillion IQD With a 64 Trillion Deficit
Sounds huge, right? But here’s the kicker:
At a new rate that budget shrinks massively in USD terms.
This is the setup phase.
The budget was designed with a different exchange rate in mind.
It’s all lining up.
—
Final Take:
Iraq just:
•Hedged oil like a global player
•Finalized budget tables
•Secured internal stability
•Sent all signals quietly — no hype, just precision
Watch the Council of Ministers like a hawk.
That’s the next step before the floodgates open.
FRANK26….4-20-26…USA…USD !!!
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