UN Envoy: Iraq’s neutrality pave way for progress

 Shafaq News - Karbala

Iraq’s neutrality in recent regional conflicts has positioned it for greater foreign investment and economic recovery, the United Nations’ top official in the country stated on Saturday.

Speaking at a joint press conference with Karbala Governor Nassif al-Khattabi, UN Special Representative and Head of the United Nations Assistance Mission for Iraq (UNAMI) Mohamed Al Hassan commended the city’s security and cohesion, describing it as “a living image of national unity.”

While highlighting Iraq’s abundant resources, the envoy emphasized its human capital, pointing to a pool of educated professionals at home and abroad—including Iraqis working at NASA.

The envoy further argued that Iraq’s policy of neutrality has enhanced its regional standing and shifted the national focus from conflict to reconstruction. “With improved stability,” he said, “Iraq is now poised to rebuild and attract international investment.”

"Iraq’s message today is no longer one of war and conflict, but one of peace, rebuilding, and progress."

IRAQ UPDATE: OUR TIME IS COMING!!

  HAPPY 4TH OF JULY, FAMILY!

As we celebrate #IndependenceDay, let’s remember—freedom ain’t just red, white, and blue… it’s global. This time next year, the world will look back and recognize the vision:

The #Iraqi Dinar , #ZimbabweDollar , #VietnamDong , #IndonesianRupiah , #HungarianPengo , #VenezuelanBolívar — all locked, loaded, and ready to revalue. The #RedemptionCenters might not be open to the public yet… #RV But don’t get it twisted — our time is coming And when it hits… it’s gonna hit like a thief in the night So keep stacking. Keep investing. Keep dollar-cost averaging. Because when the curtain drops, we rise. #GlobalReset. Generational wealth. #EqualOpportunity. #GCR You either prepared or you missed it :/ Let’s go, Kings and Queens. The table’s being set. And WE got reservations.

A2Z UPDATE : Trigger groups have been activated and are receiving funds!!! #iraq #iraqidinar

 

IRAQ HEADLINES NEWS

 IRAQ HEADLINES NEWS

Iraqi Prime Minister Mohammed Shia al-Sudani said that despite efforts to obstruct or misrepresent the government’s work, his administration remains committed to reform, reconstruction, and sustainable development.

Speaking at an event marking Ashura, Sudani emphasized that his government has succeeded in shielding Iraq from the threats and conflicts that once endangered the region,

adding that solid foundations have been laid to strengthen state institutions and enhance Iraq’s global standing.

: PM office

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Iraq rejects the KRG Interior Ministry’s accusation against the Popular Mobilization Forces (PMF) over recent drone attacks in Erbil, calling it unacceptable, condemned, and impermissible under any pretext—especially without evidence, urging that any such proof, if it exists, be submitted to official authorities - statement

MIKE BARA UPDATE

 MIKE BARA

if you want some encouragement after this BBB bullshit just came out, then here it is: I have it on good word that redemption center workers were told last weekend that it would be their last weekend off for quite a while.

 That could mean we have movement this weekend regardless of the Big Beautiful Bill bullshit.

 We'll see. 

I encourage Iraq to defy Trump, the USA and the international banking elite and announce their revaluation TODAY.

WALKINGSTICK: this will be all done by the end of the 2nd quarter!! #iraqidinar #iqd

 

The US Treasury is pursuing corruption funds... and the Baghdad government remains silent.

 The US Treasury is pursuing corruption funds... and the Baghdad government remains silent.

An Imminent Crisis in the Iraqi Financial Sector: Has the Phase of Comprehensive Sanctions Begun?

Iraq's financial system is facing new signs of turmoil after the disruption of salary payments through some electronic payment companies affiliated with government institutions. While the reasons for the disruption appear technical, informed sources confirm that the matter is linked to US investigations targeting Iraqi banks and companies suspected of involvement in money laundering operations abroad, to countries including Turkey, Iran, and the UAE.

The same sources explained that the US Treasury had granted a grace period to a number of private banks and electronic payment companies to rectify their status and comply with international standards for combating money laundering and terrorist financing, including the Financial Action Task Force (FATF) and Know Your Customer (KYC) requirements. However, many of these entities have not demonstrated sufficient seriousness in resolving their cases, opening the door to the inclusion of new names on US sanctions lists in the near future.

 This situation threatens to directly disrupt the financial market's performance, especially if the sanctions affect active institutions relied upon to pay salaries and finance daily commercial activities. Experts expect liquidity within the market to be significantly affected, amid growing concerns about declining public confidence in local banks.

 This is particularly true with the increased demand for dollars for external transfers or for storage in anticipation of any unexpected developments. This pressure could lead to a decline in the value of the Iraqi dinar and a rise in the dollar on the parallel market, which would impact the prices of goods and services in an already tense economic environment.

Meanwhile, regulatory authorities within  Iraq , led by the Central Bank, are preparing to impose stricter oversight on the activities of banks and money transfer companies in an attempt to avoid further escalation. This is particularly true since some technical reports have revealed clear violations in the performance of some banking institutions, including massive financial transfers abroad without legal documentation, the issuance of credit cards to fictitious accounts, and suspicions of financing prohibited activities or smuggling hard currency.

Despite the bleak outlook, observers believe the crisis could mark a turning point in Iraq's financial reform process. It has become imperative to restructure the private banking sector and impose strict regulatory classifications, along with a comprehensive review of electronic payment companies to ensure their compliance with international standards, and to open the door to broader partnerships with globally licensed financial service providers.

In this context, the crisis may turn into an opportunity to reshape the financial market in Iraq, starting with cleansing the banking environment of unregulated entities and bolstering international institutions' confidence in the Iraqi transfer and oversight system. The shift toward a more transparent and governed environment is not a luxury, but rather a necessity imposed by both domestic realities and international pressures.

Iraq today stands at a critical crossroads: either integrate into the global financial system on its terms and ensure gradual stability in its banking sector, or continue sliding toward financial isolation, which will have direct repercussions for the lives of citizens and the country's economy as a whole. link