Wednesday, July 2, 2025
IRAQ HEADLINES NEWS: IRAQ urged Turkey to increase water releases into the Tigris and Euphrates rivers
IRAQ HEADLINES NEWS
Iraqi Parliament Speaker Mahmoud al-Mashhadani urged Turkey to increase water releases into the Tigris and Euphrates rivers during a meeting with his Turkish counterpart, Numan Kurtulmus, in Ankara, emphasizing the urgent need for action at this time of year to ensure sufficient water reaches Iraqi provinces. Al-Mashhadani also reaffirmed Iraq’s commitment to avoiding involvement in regional conflicts, stating, “We are working to spare Iraq from sliding into conflicts.”
: Al-Mashhadani's office
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#BREAKING: The Iraqi Council of Ministers has concluded its session without discussing the salaries of Kurdistan Region civil servants, a Kurdish minister told Zoom News, adding that it remains uncertain whether Prime Minister Mohammed Shia al-Sudani will authorize the release of funds.
Iraq’s Imports Surge. But What’s the Dinar Doing?
Iraq’s Imports Surge. But What’s the Dinar Doing?
Iraq just locked in $1.1 billion in imports from Turkey; ranking 5th globally. That’s not small change. It’s a major signal: Iraq is still a serious player in regional trade. But before you cheer for the dinar…
Oil’s hovering at $66.60
White goods imports are slipping due to Chinese competition
IQD is still pinned, not climbing
Here’s the truth most won’t say: Trade volume doesn’t mean strength; unless it's paired with strategy.
Iraq is importing like a developed economy. But it’s not exporting like one. And that imbalance? It hits the dinar harder than you think.
Meanwhile, Turkey wins on margins. Iraq gets goods. But what does Baghdad get if oil dips below $65?
For IQD holders: watch the price per barrel; not the size of the shipment.
For VND holders: this isn’t your headline. But remember; global trade works like a chain. When one link shakes, all feel the tension.
Are you betting on volume?
Or on value?
Because in this economy, only one holds.
IRAQ HEADLINES NEWS:KRG) Council of Ministers will convene to review the outcome of recent negotiations between Erbil and Baghdad
IRAQ HEADLINES NEWS
#BREAKING: The Kurdistan Regional Government (KRG) Council of Ministers will convene on Wednesday to review the outcome of recent negotiations between Erbil and Baghdad over civil servant salaries and the potential resumption of oil exports from the Kurdistan Region, a source from the Council told Zoom News.
: KRG
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Any potential attack on Iran, especially from the Kurdistan Region, whether by armed groups or US forces, will be met with a response “more severe" than the strike on Qatar’s Al Udeid Air Base, warned Major General Rahim Safavi, senior advisor to Iran’s Supreme Leader, in an interview with Iraq’s Al Ahd TV.
: Tasnim News Agency
TIDBIT FROM FRANK26: A sovereign country must protect its borders
Frank26
A sovereign country must protect its borders, its air, its water, its land, everything.
That is what Iraq is telling the world right now, that we are a sovereign nation therefore we have a sovereign exchange rate, a sovereign currency...that does not belong to 1310.
IMO $3.22 belongs to Iraq.
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