Sunday, June 1, 2025
Kurdish parties denounce Iraqi salary freeze as illegal
Shafaq News/ On Saturday, 43 Kurdish political parties and groups condemned a decision by Iraq’s Ministry of Finance to suspend salary disbursements during a meeting hosted at the Kurdistan Democratic Party’s (KDP) political headquarters in Erbil, the capital of the Kurdistan Region.
In a joint statement, the parties said they convened to discuss the political situation in both Kurdistan and Iraq, focusing on ongoing disputes between the Kurdistan Regional Government (KRG) and the federal government—particularly the recent Finance Ministry decision, which they labeled “unconstitutional and illegal.”
The rights and salaries of KRG employees should not be subject to political conflicts, they said, warning that continued pressure tactics would only deepen crises.
The Kurdish parties further emphasized the need for unified action. “We believe dialogue and negotiation are the best path to resolve this crisis, but we also affirm that all options remain on the table to safeguard the Region’s higher interests.”
Iraqi Prime Minister Mohammed Shia Al-Sudani is expected to authorize May salary payments for public sector employees in the Kurdistan Region through a temporary federal loan, a source told Shafaq News on Saturday.
Possible Timing of the Global Currency Reset: BY JUDY
Possible Timing of the Global Currency Reset:
- Fri. 30 May 2025 Wolverine: “I have it from very high sources that we begin this week.”
- Fri. 30 May 2025: Zim Bond redemptions are underway. Quietly. Precisely. And every redeemed bond is fueling humanitarian efforts that bypass the old c*****t systems. But security is tight. NDAs are mandatory. …QFS on Telegram
- From Sun. 1 June to Sat. 7 June 2025 was considered the Red Zone for EBS Activation
- From Thurs. 5 June to Mon. 9 June 2025 the Tier4B window would be open. Internal banking advisories indicated public redemption will begin regionally, based on QFS load-balancing and readiness reports.
- From Tues. 10 June to Fri. 13 June 2025 all Tier4b appointment notifications were set to be issued.
- From Sat. 14 June 14 to Tues. 17 June 2025 the General Public rollout was set to happen, with the Sat. 14 June U.S. Army’s 250th Anniversary Parade at the National Mall serving not just as a celebration — but as confirmation that America was back under Constitutional Rule.
- Around Sun. 15 June 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the final switchover to full QFS integration.
- On Wed. 18 June to Sat. 21 June 2025 the Global Access Phase would begin for Tier 5, the General Public.
- Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq
Iraq’s president, PM discuss Kurdistan funding crisis: They also underscored the importance of passing the long-delayed oil and gas law
Shafaq News/ On Saturday, Iraqi President Abdul Latif Rashid and Prime Minister Mohammed Shia Al-Sudani met in Baghdad to review national developments and government programs.
The Presidency’s media office stated that the meeting focused on the political and economic situation in the country.
Both sides stressed the need to resolve financial disputes between the federal government and the Kurdistan Regional Government per the constitution, the federal budget law, and a recent ruling by the Federal Supreme Court.
They also underscored the importance of passing the long-delayed oil and gas law to regulate resource management between Baghdad and Erbil.
According to the statement, Rashid and al-Sudani emphasized the need to strengthen national unity and promote security and social stability across Iraq.
The Baghdad-Erbil dispute over federal salary payments has escalated after the Iraqi government suspended funding, accusing the KRG of withholding oil and non-oil revenues. The KRG countered that Baghdad is using salaries as political leverage and violating court rulings. The standoff coincides with a Kurdish delegation’s visit to Washington, where investment deals with US firms stirred controversy. The US State Department urged a swift resolution, calling it key to investor confidence and reopening the Kirkuk–Ceyhan pipeline.
TIDBIT FROM WALKINGSTICK
Walkingstick
If the American dollar is $1 and it if it's paired to the Iraqi dinar that means the Iraq dinar is $1. That is called a nominal value.
That is what every country seeks.
In this case it's also seeking a REER - real effective exchange rate. That's because it's reaching a nominal value.
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