[via PDK] Article: “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... Lots of things appear to be aligning...
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.
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!!
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.