The US State Department intervenes in the crisis between Baghdad and Erbil.
The US State Department considered the recent agreements concluded by the Kurdistan Regional Government with American companies to develop natural gas production an important step to address the chronic imbalance in Iraq's energy sector, calling on Baghdad and Erbil to urgently coordinate to accelerate project implementation and enhance Iraq's energy independence.
A State Department official said in a statement, "The United States believes that Iraq will be more stable and sovereign by achieving energy independence and moving away from the harmful influence of Iran."
He added, "The agreements recently signed by Kurdistan Regional Government Prime Minister Masrour Barzani with American companies to expand natural gas production in Iraqi Kurdistan support this goal," noting that "these projects, whether in the region or the rest of the country, are in the interest of all Iraqis, especially in light of the ongoing electricity crisis."
The US official continued, "We encourage Baghdad and Erbil to work together to commence gas production as soon as possible." link
A2Z NOTES on Bruce’s Summary of Key Claims from the Call (June 5, 2025)
1. Delays & Timeline: The anticipated timeline for notifications and exchanges has shifted again. Redemption appointments (for those holding currencies like ZIM, IQD, etc.) are now expected Tuesday or Wednesday next week (June 10–11, 2025). (A2Z believes it is any time, but No one knows the timeline, we are watching events play out)
The delay is attributed to leftover banks not yet fully integrated with QFS. (A2Z says FALSE, it’s done.)
2. Currencies & Forex Activity: 24 currencies are said to be revaluing. (A2Z says FALSE, we know for a fact it’s more than 34)
New Currencies; Russian Ruble is noted as still in “pending” status, Korean Yuan (likely a mistaken reference—North Korea uses the won, and South Korea uses the won too, not a “Korean Yuan”) and new Taiwan Dollar (NTD) supposedly had codes entered. (A2Z says possible but those were not on anyones radar or ever mentioned before as part of the baskets, he is the only one discussing)
Iraq is expected to revalue the Iraqi Dinar (IQD) over the Eid al-Adha holiday (June 7–10, 2025), similar to how the Kuwaiti Dinar allegedly revalued decades ago. (A2Z says the holiday actually starting today 6/6)
3. System Changes (Unconfirmed):
A. Claims that the IRS, IMF, and SWIFT system are gone or being dismantled.
B. Quantum Financial System (QFS), using Starlink and blockchain tech, is allegedly live.
C. Transfers are said to now occur instantaneously through “ledger-to-ledger” operations. (A2Z says this is all done)
4. USN & Account Conversions: U.S. bank accounts are supposedly being switched from USD to USN (U.S. Note). (A2Z says FALSE: our sources say this is already done, however it is still to be announced publicly)
5. Q Phones: Mention of receiving satellite phones at redemption centers or vouchers for them. (A2Z has no comment on this)
6. Deep State Removal: Vague mention of ongoing actions to remove “Deep State” elements behind the scenes. (A2Z believes they are probably taking out sudani with the amount of military activity in Baghdad)
A2Z has taken time to compare Bruce’s update with updates from our sources. We have highlighted times in the past when our updates aligned, and now, when they are not. It’s important to note how far along we are in the process.
Reminder: Take the time to Discern everything you are hearing from all the sources you follow!!
We are grounded. We focus on facts. We are glad you’re here.
140 trillion dinars enter the Iraqi treasury in one year, 91% of which comes from oil.
The Iraqi Ministry of Finance revealed on Saturday that the revenues in the 2024 federal budget exceeded 140 trillion dinars, confirming that oil contributed 91% of those revenues.
Shafaq News Agency reviewed the data and tables issued by the Ministry of Finance in May for the previous fiscal year's accounts, which showed that oil remains the primary source of revenue for Iraq's general budget, accounting for 91% of the total. This indicates that the rentier economy remains the foundation of the budget structure.
The tables indicate that total revenues in 2024 amounted to 140 trillion, 774 billion, 106 million, 157 thousand, and 464 dinars, while total expenditures amounted to 125 trillion, 214 billion, 440 million, 53 thousand, and 991 dinars.
According to the tables, oil revenues amounted to 127 trillion, 536 billion, 400 million, and 812 thousand dinars, representing 91% of the general budget, while non-oil revenues amounted to 13 trillion, 237 billion,
705 million, and 728 thousand dinars.
In this regard, economic expert Mohammed al-Hasani told Shafaq News Agency, "Iraq's reliance on oil for its public revenues indicates that the country is still suffering under the burden of a rentier economy, disguised unemployment, and other economic problems that constitute an obstacle to any progress."
He added, "Iraq needs major economic reforms focused on diversifying the economy, improving spending efficiency, and combating financial waste to ensure a sustainable economic future."
In March 2021, the Prime Minister's financial advisor, Mazhar Mohammed Salih, told Shafaq News Agency that the reasons for the economy remaining rentier are due to the wars and economic blockade imposed over the past decades, as well as the political conflicts Iraq is currently witnessing, which have led to the dispersion of economic resources.
The Iraqi state's continued reliance on oil as the sole source of its public budget exposes the country to the risk of global crises linked to oil markets. This forces it to cover its deficit through external or domestic borrowing each time. This indicates a weakness in the management of public funds and an inability to find alternative financing solutions. link
where...are...we...with the RV saga... The choo-choo train is still moving down the tracks quickly.
It may make stops along the way, such as to combat money laundering, implementing financial reforms, implementing the Development Road Project, etc, etc.
...Many of these plans are already accomplished, some now in motion and some still in the planning stages...
They do not have to implement all of these plans to get there...Later this wealth will sustain the value of the dinar once reinstated...all trains eventually make it to the end of track. This end is coming.