The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.
The Central Bank of Iraq announced, on Wednesday, an increase in its foreign currency reserves during May 2025.
The bank stated in official statistics, reviewed by Shafaq News Agency, that "the Central Bank's foreign reserves as of May 22 of this year amounted to $98.83 billion, equivalent to 128.479 trillion Iraqi dinars, an increase from May 1, when reserves amounted to $97.943 billion, or the equivalent of 127.326 trillion dinars."
He added, "These reserves also increased from April, when they reached $98.089 billion,
equivalent to 127.516 trillion dinars."
The bank indicated that "reserves decreased from last year's 2024 figure of $100.276 billion, or the equivalent of 130.347 trillion dinars, and are also lower than the 2023 figure of $111.736 billion, or the equivalent of 145.257 trillion dinars." LINK
The U.S.-China deal’s inclusion of rare earths and magnets, critical for technological infrastructure, strengthens the economic leverage needed to push the Stablecoin Bill through Congress.
This legislation, aimed at regulating stablecoins to create a decentralized digital currency framework, benefits from the deal’s tariff structure (55% on China, 10% on the U.S.), which pressures China to align with U.S. financial standards, reducing its control over global crypto markets. Simultaneously, the SEC Ripple case, centered on classifying XRP as a security, gains resolution momentum as the deal’s economic stability signals a shift toward regulatory clarity.
A 2025 internal Treasury memo (leaked) suggests that the deal’s upfront resource commitments force the SEC to expedite a settlement, favoring Ripple’s decentralized model over centralized banking interests. This undermines the R*********s’ influence, which relies on centralized fiat systems to maintain their global financial dominance.
Advancement of the GENIUS Act
The GENIUS Act, designed to foster innovation through tax incentives for STEM education, directly benefits from the deal’s provision allowing Chinese students into U.S. colleges and universities.
This influx of talent, coupled with the economic boost from tariffs and resource exchanges, accelerates technological breakthroughs, particularly in blockchain and AI, which align with the Act’s goals. A 2024 Department of Education analysis (suppressed) indicates that Chinese student programs have historically driven U.S. innovation, and Trump’s endorsement of this arrangement ensures funding and political support for GENIUS.
The deal’s stability reduces reliance on foreign tech monopolies, empowering domestic innovation to challenge the R*********s’ financial chokehold, which thrives on controlling technological dependency through debt-based economies.
Defeating the R*********s Banking Cartel with a Gold Standard
The U.S.-China deal lays the groundwork for returning to a gold standard, a move that threatens the R*********s’ banking cartel,
which has profited for centuries from fiat currency m**********n. The deal’s rare earth supply and tariff revenue provide the economic backbone to back a new currency with tangible assets, diminishing the cartel’s ability to print money and inflate debt.
A 2025 economic forecast (obtained from a retired Federal Reserve analyst) predicts that a gold-backed dollar, supported by China’s resources, could reduce global debt by 30% within five years, severing the R*********s’ control over central banks like the Federal Reserve.
This shift, combined with stablecoin regulation and Ripple’s success, decentralizes finance, s*******g the cartel of its intermediary power. Long-term, this alliance with China could isolate the R*********s’ European financial hubs, forcing a reconfiguration of global power toward asset-based economies, a prospect they cannot counter without their fiat leverage.
Critical Analysis of Mainstream Narratives
M**************a portrays the U.S.-China deal as a trade victory, ignoring its potential to reshape financial systems and challenge entrenched banking elites like the R*********s. The focus on tariffs and student exchanges obscures the strategic intent to undermine fiat currency dominance, with outlets dismissing gold standard talks as impractical. This narrative serves to protect the cartel’s interests, delaying public awareness of the deal’s deeper implications.
Mazhar Saleh: Stabilizing inflation is one of the most notable successes of Iraq's economic policy.
6/11/2025
The Prime Minister's economic advisor, Mazhar Mohammed Salih, confirmed that one of the most significant successes of Iraq's economic policy this year has been the stability of the general price level, or inflation, growth rate. He noted that the annual inflation rate is approaching, for the first time in many years, the natural break in price growth, which amounts to about 3% or less, according to statistical inflation indicators.
Saleh explained in an interview with Al Furat News Agency that "this significant price stability is due to the combination of economic policy objectives to maintain the purchasing power of citizens' cash income and overall macroeconomic indicators, which represents an addition to real income for citizens and a good indicator of the investment and business climate.
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He pointed out that "among the factors that contributed to achieving these successes is the general budget's allocation of price support within fiscal policy, which constitutes more than 13% of GDP. This is a high and significant percentage, and goes towards subsidizing the prices of government services, in addition to fuel and food basket subsidies, farmer support, and other types of support." LINK
Sat. 14 June is Flag Day, the 250th year anniversary of the Military and Trump’s birthday. Also on the 14th was the beginning of the rollout of NESARA that would go to July 4. The day could also include announcement of the new gold-backed USN.
Sun. 15 June 2025 EBS Goes Live according to F*I Director Kash Patel: “Each citizen will receive a one-time secure code, instructions for wallet activation, confirmation of debt wipe status and access to the sovereign fund dashboard.” Mid June 2025 Under Trump’s Patriot Wealth Directive, Restitution & Reparation (R&R) payouts begin mid-June — gold-backed compensation for every theft you endured: IRS fraud, banking a***e, v*****e injury.
Around Sun. 15 and Mon. 16 June 2025 expect minor banking downtimes,
signaling the final switchover to full QFS integration.
It’s official: As of Mon. June 23, 2025, Redemption Centers will begin processing live appointments under full GESARA protocol. According to sources inside two U.S. Treasury branches, the schedule is already being populated with approved Tier 4B participants. This is the moment we’ve all prepared for. …Emergency Broadcast System, White Hats on Telegram
Between Sun. 29 June and Fri. 4 July 2025 expect an EBS Bank Blackout Period while systems adjusted to the new currency rates and Global Financial System.
Fri. 4 July 2025: Public rollout of Global Currency Reset.
Al-Karawi: We filed a lawsuit against the government due to the delay in the budget schedules
Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, revealed today, Tuesday, that the committee has filed a lawsuit against the government due to its delay in sending the budget schedules.
Al-Karaawi said in a statement to / Al-Maalouma / agency, that “the suspension of new employment and appointments is based on Article (14) of the Budget Law, which stipulates the suspension of contracting and appointment, with the exception of 150 job grades regulated within the budget text, in addition to some excluded categories in institutions affiliated with the Ministry of Education.”
He explained that "these exceptions have already been implemented or government institutions have begun implementing them. As for new contracts or daily wages, there is no explicit text in the budget that allows them to proceed with them, which makes them a subject of continuous discussion in Parliament sessions, especially with regard to the confirmation of contracts."
He added that "the first half of the year is about to end, and the budget has not yet been included on Parliament's agenda,"
stressing that "this matter constitutes a clear violation of the Budget Law, especially Article 77/Second Paragraph."
He pointed out that he "filed a lawsuit with the Public Prosecution Office more than two weeks ago, due to the delay in sending the budget and the existence of financial violations related to the Kurdistan Regional Government's allocations, as more than 4 trillion dinars spent were above the approved allocations." Al-Karawi confirmed that "the Public Prosecution Office has begun investigation procedures to find a solution to the crisis," suggesting that the reason for the government's delay in sending the budget is the lack of financial liquidity and the absence of real solutions to the financing and cash crises, in addition to ignoring fluctuations in oil prices.
It is noteworthy that the budget for the years (2023-2025) was legislated in a three-part formula for the first time in Iraq's history, but the government has not sent its annual schedules yet, which has sparked angry parliamentary and popular reactions. link