SENIOR IRANIAN OFFICIALS ARE REITERATING RED LINES FOR IRAN’S NUCLEAR PROGRAM AHEAD OF PLANNED NUCLEAR NEGOTIATIONS WITH THE UNITED STATES

SENIOR IRANIAN OFFICIALS ARE REITERATING RED LINES FOR IRAN’S NUCLEAR PROGRAM AHEAD OF PLANNED NUCLEAR NEGOTIATIONS WITH THE UNITED STATES.

Iranian Deputy Foreign Affairs Minister Majid Takht Ravanchi told NBC News on July 3 that Iran is open to resuming nuclear negotiations but “has no plans to stop uranium enrichment.” Ravanchi noted that the United States will have to “convince” Iran that it will not use force before Iran agrees to engage in talks. White House Envoy Steve Witkoff is expected to meet with Iranian Foreign Affairs Minister Abbas Araghchi in Oslo, Norway, next week, according to two unspecified sources familiar with the discussion cited by Axios. A Tehran-based Western news correspondent reported that preparations are underway for “indirect” negotiations between Witkoff and Araghchi’s meeting, but noted that the meeting has not been finalized.

Israeli Defense Minister Israel Katz stated on July 3 that Israel must maintain its air superiority in Iranian airspace to prevent Iran from rebuilding its nuclear and ballistic missile programs. This statement does not appear to suggest imminent Israeli strikes because Iran would need to acquire new air defense systems to replace those lost to be able to deny Israel control of the air. It is improbable Iran could have acquired or built new systems since the ceasefire on June 24, though it is possible Iran could conduct some redeployments if there are surviving air defenses in the northeast. Katz announced on June 27 that he would pursue a policy of “enforcement” to prevent Iran from rebuilding its nuclear or ballistic missile programs. Araghchi warned on June 26 that Iran would respond to any Israeli violation of the ceasefire and noted that “Iran is not Lebanon.” Israel has conducted airstrikes on Hezbollah across Lebanon since November 2025 as part of a stated effort to prevent Hezbollah from reconstituting and threatening Israel under the Israel-Lebanon ceasefire agreement. Araghchi is suggesting that he believes Israel will attempt to conduct similar strikes in Iran to prevent Iran from reconstructing its nuclear and ballistic missile programs.

Key Takeaways:

• Senior Iranian leaders have continued to underscore that they will not stop uranium enrichment and that the United States will need to “convince” Iran that the United States will not resort to force with Iran again. It is unclear what will be required to “convince” Iran.

• Israel struck an Iranian facility on June 16 that is tied to Iran’s nuclear and chemical weapons programs. The Israeli strikes probably destroyed areas used for plastic explosives production.

• Likely Iranian-backed Iraqi militias launched one drone, probably targeting US forces at Erbil International Airport in Iraq. No militia has claimed the attack. 

🎯 Iraq’s Article IV Complete! U.S. Pushes for Final moves!!!

 🎯 Iraq’s Article IV Complete! U.S. Pushes for Final moves - Fed Schock Revealed.

✅ Iraq's Article IV is done! There is now huge pressure from the U.S. on Iraq to wrap things up!

✅ This is a very good sign for Bond and Dinar Currency Holders.

✅ What Jerome Powell just said about The Fed is jaw-dropping!

✅ But the strategic move in 2020 for the end goal of The Fed is even more shocking...

Trump's Tariff Tango: Iraq's Currency Dilemma!! @DINARREVALUATION #iraq #iraqidinar

 

CENTRAL BANK: THE USE OF INTERNATIONAL CARDS CONTINUES INSIDE AND OUTSIDE IRAQ WITHOUT CHANGE

CENTRAL BANK: THE USE OF INTERNATIONAL CARDS CONTINUES INSIDE AND OUTSIDE IRAQ WITHOUT CHANGE.

The Central Bank of Iraq issued a clarification today, Friday (July 4, 2025), regarding the use of international cards, confirming their continued use inside and outside Iraq without change.

The bank stated in a statement received by Baghdad Today that “the National Electronic Payment Card Project is an additional local option used exclusively within Iraq and in Iraqi dinars. It does not cancel or restrict existing international cards such as Visa and Mastercard.”

The statement added, “There are no plans to cancel these cards or ban dollar transactions outside Iraq. Holders can still use them inside and outside the country as is currently the case.”

According to the statement, the bank indicated that “this project aims to reduce payment costs, enhance financial inclusion, diversify options for the public, and provide national cards for all institutions and segments within Iraq,” indicating that “international cards remain the primary means of spending in dollars or other currencies outside Iraq and for purchases via global websites.”

EXCERPTS FROM MARKZ : Many are waiting on this new rate!!

 EXCERPTS FROM MARKZ : Many are waiting on this new rate!!

Member: Anyone ever get the feeling Iraq doesn’t want to revalue their currency?

MZ: Many countries are positioning for Iraq being on the international stage. Including India and Kuwait. Many are waiting on this new rate. Of course it is happening

MZ: “American Magazine: Iraq quietly restores its role in International trade” Lots happening behind the scenes like the development road project. 

MZ:  “The KRG (Kurdistan) has notified the US that they will only allow Baghdad 48 hours to make a decision regarding the issue of funding the Kurdistan regions cival servant employees salaries” This is 48 hours from yesterday afternoon.  This should force a conclusion for the oil and gas law…hopefully this week. We should get a decision within 48 hours. 

MZ: Lots of thigs appear to be aligning. We need to get off “stuck” 

MZ: This one is showing up in my inbox from some panicked individuals. “ IMF comments on Iraq dinar exchange rate”  It projects the average exchange rate of the dinar against the US dollar as 1300….the same as 2024. Just a reminder- A similar statement came out the week before and the day of the Kuwait revaluation.

"Tier 3 liquidity revaluation is pending verification — let’s go over the process."#iraq

 

THE END OF DOLLAR DEPENDENCE OR THE BEGINNING OF CENSORSHIP? THE NATIONAL PAYMENTS PROJECT RAISES THE QUESTION OF “FINANCIAL SOVEREIGNTY”

THE END OF DOLLAR DEPENDENCE OR THE BEGINNING OF CENSORSHIP? THE NATIONAL PAYMENTS PROJECT RAISES THE QUESTION OF “FINANCIAL SOVEREIGNTY”

In a pivotal step toward internal monetary independence, the Central Bank of Iraq (CBI) issued an official circular to all banks and electronic payment service providers announcing the commencement of the implementation of the National Card Scheme project.

 This is a local payment system managed through the national switchboard, completely separate from international platforms such as MasterCard and Visa. 

The decision comes at a particularly sensitive time, following the Popular Mobilization Forces (PMF) salary crisis and sanctions imposed on several banks, amid indications that Iraq is shifting to a relatively closed monetary environment in the face of external pressures.

A national system excludes international companies.

According to a circular obtained by Baghdad Today , the Central Bank has ordered the launch of a local system for settling bank card payments within Iraq, without going through any international entity. The circular clarified the need to adopt national codes such as (BIN) and (AID) to identify payment cards and link them to the national switchboard, which implicitly means eliminating any reliance on global payment networks such as Visa and MasterCard in local transactions. The circular emphasized that this project is “exclusively local” and that it will be completed by the end of this year, in preparation for its official adoption starting early next year.

Motives behind the decision: From sanctions to mobilization.
Banking expert and former Central Bank official Mahmoud Dagher told Baghdad Today that “the decision is partly linked to international sanctions and some pressure on Iraqi banks, so an alternative internal system is being considered.”

He added, “Iraq faces no legal or technical obstacles to establishing this type of system, and many countries have preceded us in this,” but he explained that “local systems remain limited and cannot be used outside the country’s borders.”

It’s worth noting that the decision came after the Popular Mobilization Forces’ salaries were frozen at some banks linked to international payment systems, opening a new door for the Central Bank to restructure its payments infrastructure away from international political influence.

Monetary shift or financial isolation?
The new approach coincides with escalating tensions between Baghdad and Washington, and with the mounting pressure on major Iraqi banks accused of financing entities sanctioned by the US. In this context, the Central Bank appears to have decided to proceed with a project that protects the domestic market from any “potential political freeze.” However, this option, despite its importance in terms of sovereignty, raises questions:

Is it possible to actually dispense with global payment systems?
Is Iraq structurally prepared to operate a closed system capable of meeting domestic demand?

Most importantly, does this project pave the way for a gradual financial decoupling from the dollar?

The National Card Scheme project is not merely a technical decision regarding banking infrastructure; it is a step with political, economic, and security dimensions. If completed by the end of the year as planned, Iraq will have taken its first steps toward “internal monetary independence.” However, this remains conditional on the state’s ability to ensure efficiency, prevent collapse, and build confidence in a system that has yet to be tested in a fragile economic reality.