Iraq has been working on the ISO for about two/three weeks now. They're telling us it is about to be implemented...on the 14th...Aki was told to go back [to his bank in Dearborn Michigan]. He was waiting for the new exchange rate.
They told him don't move...We believe Aki is now working on the ISO that is about to be released. Aki is the man in Michigan. It's his bank.
He will test this ISO platform.
ISO deals with many things like federal wires to speed up the transactions of International exchanges, any type of wiring.This is now moving much faster in a safer protected way. It is scheduled to be implemented on July 14.
Trump: We will impose 30% tariffs on Iraq, Algeria, and Libya
7/9/2025
- Washington
US President Donald Trump announced on Wednesday that he would impose 30% tariffs on Iraq, Algeria, and Libya.
According to Reuters, Trump issued a series of letters regarding the imposition of tariffs on six countries, including Algeria, Brunei, Iraq, Libya, Moldova, and the Philippines.
The letters call for imposing tariffs of 30% on Algeria, 25% on Brunei, 30% on Iraq, 30% on Libya, 25% on Moldova, and 25% on the Philippines.
Documented: Trump in a letter to al-Sudani: Iraq faces two choices
7/9/2025
The United States of America announced the imposition of a 30% tariff on all Iraqi products imported into the United States, effective August 1, 2025.
This announcement came in a letter from US President Donald Trump to Prime Minister Mohammed Shia al-Sudani. The letter indicated that this step comes to address a persistent "large trade deficit" between the two countries, which President Trump attributed to tariff and non-tariff policies and trade barriers imposed by Iraq. The letter emphasized that the trade relationship between the two countries has been "far from reciprocal" for years. The letter emphasized that the goal is to achieve "more balanced and fair" trade and called on Iraq to participate in the "exceptional economy of the United States." It explained that the 30% tariff imposed is "far less than what is required to eliminate the trade deficit imbalance." The letter stated that no tariffs would be imposed if Iraqi companies decided to build or manufacture their products in the United States, with the US pledging to expedite the necessary approvals. The letter also warned that any increase in Iraqi tariffs would be added to the 30% tariff imposed by the US.
The letter emphasized that these tariffs are necessary to "correct years of Iraqi tariff and non-tariff policies and trade barriers," considering the trade deficit to be "a major threat to our economy and, indeed, to our national security."
The letter hinted at the possibility of adjusting these tariffs, upwards or downwards, based on the relationship between the two countries, and if Iraq decides to "open its previously closed trade markets to the United States, and eliminate its tariffs and non-tariff policies and trade barriers."
Trump absolutely can remove Powell, under article ten of the federal reserve act. If they find corruption and/or malfeasance, that’s immediate grounds for removal. It’s all a movie anyway, they have this all setup for the perfectly timed narrative outcome.
Meanwhile, over 2,000 senior NASA staff are resigning. The US Treasury lifted sanctions off of the former minister of trade in Iran. Here comes the grave surrender soon.
The PM Erdogan of Turkey is working to drive out the corrupt Iranian proxies in the green zone parliament of Iraq, which will facilitate the new elections to occur.
The dollar index continues to tank and silver is holding strong. All of this signals the inevitable RV incoming.👀
As Iraq’s digital economy grows rapidly—with over 10 million pre-paid cards and 20 trillion IQD in electronic transactions in 2024—the Central Bank of Iraq (CBI) has issued Electronic Payment Services Regulation No. (2) for 2024, replacing a 10-year-old law. This aims to support the country’s growing fintech sector.
The ALSAIF Law Firm (with 46+ years of experience) analyzed the law, which supports Iraq’s National Financial Inclusion Strategy, launched in May 2025 in cooperation with the World Bank Group, Arab Monetary Fund, and GIZ.
The new law defines roles in Iraq’s digital payment system:
Operators: Manage payment system infrastructure.
Participants: Licensed financial institutions using the system.
EPSPs (Electronic Payment Service Providers): Fintech and e-payment platforms offering services.
Agents: Represent EPSPs.
EPSPs are now officially allowed to:
Issue debit/credit cards
Manage digital wallets and mobile payments
Handle electronic fund transfers
Act as payment aggregators
The regulation sets a clear licensing process for companies entering Iraq’s fintech market. Requirements include:
Incorporation documents
Founder details
Proof of financial solvency
Minimum capital of 10 billion IQD
A 3-year feasibility study covering: financials, infrastructure, cybersecurity, AML policies, and dispute resolution.
CBI reviews applications in 90 business days, granting preliminary licenses while companies finish operational steps.
With a population over 45 million and MENA’s highest projected GDP growth in 2026 (4.4%), ALSAIF concludes this regulation lays the foundation for Iraq’s modern, inclusive, and investment-ready digital economy.
There's some specific things are taking place and they're transpiring. We got the salaries, oil...Fed wire system coming up in the next couple days...the court case on the same day...
Remember they extended Fed Wire ISO 20022 out from February/March range to July 14th...I find that convergence fascinating...For all those out there that think that they've heard this before, I smile and wave and shake my head.
The citizens have a national card for internal use in dinar. That's just like us in the United States.
When you go buy a candy bar you buy some M&M's what do you spend? You spend dollars....
These cards they use are reducing the note count which IMV...is something that will benefit in a time of a redenomination or a revaluation.
I think in this particular case we're going to see something to the effect of drop the three zeros and then they will apply a real effective exchange rate.