In Iraq: “The speaker of the House of Representatives, Dr. Mashadani receives the charge at the US Embassy”
in other words Mr. Rubenstien from the American Chamber of Commerce and delegation has arrived.
They will have large scale meetings to bring billions of dollars of investments to Iraq. These are international business people looking for international business opportunities.
They would not be there unless Iraq was about to rise. And that means a potential for new rates.
Comment: Rueters, news Anchors and economists are now talking about revaluations and exchange rates etc…. Main stream is now talking about what we have been talking about for years. MarkZ: They are …how many articles are we seeing talking about resets…financial resets…talking about moving to gold…wow…its big conversations in financial realms all over the world. They are all talking about the impending reset to commodities.
AL-SUDANI’S ADVISOR TO RUDAW: US TARIFFS DO NOT INCLUDE OIL AND GAS, AND THEIR IMPACT WILL BE ZERO.
Mazhar Mohammed Salih, financial and economic advisor to the Iraqi Prime Minister, downplayed the impact of the US decision to impose a 39% tariff on Iraqi products, noting that Iraq has no significant exports to the US market.
Mazhar Mohammed Saleh told Rudaw Media Network on Thursday (April 3, 2025): “The US customs tariffs do not include oil and gas, which means that the impact of this move on Iraq will be zero, because Iraq does not have any other noteworthy goods exported to America that could be subject to customs duties.”
Saleh explained that “Iraqi crude oil exports to the United States do not exceed $5 billion annually, and the US market is considered a secondary market for Iraq compared to those of China and India, where approximately 70% of Iraqi oil is exported.”
Regarding the import of American goods to Iraq, he noted that “Iraq imports 90% of its goods and civilian needs from Turkey, India, China, the UAE, and some European countries,” describing the American market as a “secondary market” compared to Asian and European markets.
Al-Sudani’s advisor said, “The Strategic Framework Agreement signed between Iraq and the United States in 2008 has protected Iraq from shifts in the US’s highly protectionist policy, particularly with regard to the imposition of customs duties.”
US President Donald Trump announced on Wednesday the imposition of 39% tariffs on imports from US trading partners, including Iraq.
"CALLS FOR "LIBERATING IRAQ" IN WASHINGTON: THE TRUMP ADMINISTRATION'S VISION AND ESCALATION WITH IRAN"
"FACTIONS ENTER "ULTIMATUM C" AFTER THE
"LIBERATION OF IRAQ" PROJECT FROM IRAN"
MIGA
MAKE IRAQ GREAT AGAIN "IRAN-BACKED MILITIAS IN IRAQ ARE READY TO DISARM FOLLOWING TRUMP'S THREATS"
"Several of the Iran-backed militia groups operating in Iraq are set to demilitarize for the first time to avoid conflict with the US following President Trump's threats to Tehran's
proxies, senior Baghdad officials said."
...........Choo-Choo........... "Ten senior commanders and Iraqi officials urged the capital to begin the process of disarming and disbanding the militias operating in Iraq to avoid the worst-case scenario
with the US."
No, not decades, years or even months to wait It is happening NOW!
WITH ITS GLOBAL DECLINE, AL-SUDANI: THE COUNTRY’S ECONOMY CANNOT BE MORTGAGED TO ITS DEPENDENCE ON OIL
Prime Minister Mohammed Shia al-Sudani met today, Friday, with a group of tribal sheikhs and dignitaries from various components, at the guest house of Hajj Rahim Majiser al-Baydani in Baghdad.
Al-Sudani congratulated the attendees on the occasion of Eid al-Fitr, thanking Rahim Majiser al-Baydani for the invitation. He also praised his social and humanitarian role and contributions, including his provision of aid and support to security forces and displaced persons during the war on ISIS. He emphasized that the tribes have always supported the state since its founding, beginning with the 1920 Revolution, and that their contributions and sacrifices have continued effectively at various stages and times.
The Prime Minister pointed to the role of the tribes and their honorable stance in responding to the religious authority’s call for sufficient jihad, the call of the homeland, as all members of the tribes that bear the Iraqi color lined up in the trench of confrontation against terrorism. This stance came at a time when it was rumored that Iraq had ended as a state, only for the country to return safe and unified.
Al-Sudani emphasized that the supreme religious authority’s reference to Iraqis having a cultural and intellectual heritage that they must study, understand, and rely on is a fitting gesture, and that our country, with its culture and resources, is capable of facing various challenges. He emphasized that the reference to Iraq’s recovery and its being on the right path is a reassuring message to some alarmists who paint a picture of anxiety, panic, and defeatism among society.
The following are the most important points made by the Prime Minister:
What we enjoy today is thanks to the sacrifices and honorable stances of the tribes, which we cannot forget. Iraq is strong, capable, healthy, and progressing, as attested to by all regional and international institutions.
Iraq has an important pioneering role, and the reconstruction and development it is witnessing from Basra to Nineveh is an unprecedented phase.
From the beginning, the government has worked on priorities based on the needs of the people, far from any personal or partisan objectives. We cannot mortgage the country’s future to oil alone, especially since Iraq possesses the potential for agriculture, industry, and tourism.
Our country is distinguished by its geographical location as a global trade corridor; this is why we launched the Development Road project. We work day and night to achieve our commitments, and we have the capabilities, resources, and determination to face various challenges.
Work is continuing on a project to transport gas to our power stations.
There is a genuine will to achieve reforms, and we have made significant progress in this regard, in a period not exceeding two and a half years of the government’s term.
The region witnessed exceptional circumstances, and the government’s greatest test was how to handle this crisis, given Iraq’s principled position on the Palestinian issue.
The continued Zionist aggression against the Palestinians has revealed the failure of the international community.
We were able to preserve Iraq by acting wisely and responsibly to avoid slipping into the arena of war and conflict. Some emotional and hasty voices wanted Iraq to go to war and conflict.
The interests of Iraq and the Iraqis are the government’s top priority, and there is no room for favoritism toward any internal or external party. The government’s approach is to preserve the country’s supreme interests, and we have full hope that religious leaders, tribal sheikhs, and elites will promote a message of unity, solidarity, and brotherhood among all members of society.
There are those who thrive on the rhetoric of sedition, crisis, and conspiracies, and we must pay attention to this matter, especially with the upcoming elections. We are confident that Iraq’s future is promising, thanks to its people, capabilities, resources, and sound principles of state administration.
People ask me all the time, you talk bad about the dinar. I said, when do I ever talk bad about the dinar?
I never have.
Just because I don't agree with all the other crap the other gurus are saying doesn't mean I don't believe it's going to revalue, because it's going to revalue.
Do I think people are going to become millionaires?
I think the probability of that happening is really a long shot.
I'm not saying it's impossible but it's a long shot...
Most likely what they're going to do is delete the zeros and then revalue the currency. You're not going to be millionaires but you will at least make some profit.