Thursday, August 14, 2025

🚀 “Iraq’s Banking Revolution: Central Bank Teams Up With Global Experts!” 🌍🏦

🚀 “Iraq’s Banking Revolution: Central Bank Teams Up With Global Experts!” 🌍🏦

August 13, 2025 – Baghdad Update
🔗 Source: IraqiNews


✅ CBI SELECTS OLIVER WYMAN TO LEAD BANKING REFORM


⚙️ KEY OBJECTIVES OF THE PLAN

  • Stabilize banking sector to function securely & effectively

  • Align with global governance, compliance & risk management best practices

  • Promote economic growth by enabling banks to provide top-tier services

  • Build stronger local and international trust in Iraq’s banking industry


📢 Governor Ali al-Alaq’s Statement:

“The strategy’s flexibility will ensure smooth implementation while upgrading banking operations.”


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FIREFLY: ⚡“Devaluation Rumors? Think Opposite! Iraqi Dinar Heating Up!”🔥🇮🇶

 ⚡“Devaluation Rumors? Think Opposite! Iraqi Dinar Heating Up!”🔥🇮🇶

Frank26 Iraq Report – Key Highlights


🔹 🔥 Rumor Alert from Iran-Backed Politicians

“Iraq will devalue the dinar,” they claim.
✋ FALSE!
➡️ Advisor Saleh says this is not true.

🔹 FRANK’S TAKE

“If they say devalue... it means VALUE is coming!”
💡 Iranian influence spreads fear—but truth is, a rate increase is in motion.

🔹 📺 Saleh on Iraqi TV Again

Says the parallel market is moving closer to the official rate.
🟡 Mentions this trend may continue through the year.


BUT...

🔹 FRANK REACTS

“Forget the timeline—this could happen at ANY MOMENT.”
💡 “It’s a flip of a switch now. No longer a secret. Not complicated anymore.”

🔓 Purchasing power is no longer a maybe…
📈 It’s just a matter of when, not if.


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----

Frank26  

[Iraq boots-on-the-ground report]  

FIREFLY:More nasty rumors by Iranian-backed politicians.  They're saying Iraq is going to devalue the dinar to the dollar.  Saleh is saying this is not true.  

FRANK:  If they're telling you your currency is going to be devalued, then you can be rest assured...guaranteed...you can have great confidence that it is the complete opposite.  They're going to add value.  Exactly what they said two days ago...That's what Iranian influence does in your country...

FIREFLY:Saleh is on TV again and he's saying the parallel market has started a trend towards the official exchange rate...We didn't like when he said it should continue for the rest of the year but that doesn't mean it has to...We don't see that. 
FRANK: For them to even tell you you're going to have purchasing power, I don't care if they suggest it might be at the end of the year... because it can happen at any time...it's a snap of the finger.  It's a simple flip of a switch.  It's no longer complicated.  It's no longer a secret to anyone.

MR. SALVAGE & MAJEED: 🔥 “Blessings Unlocked & Banks Ready: GCR Momentum Explodes!” 🚀💰🌍 #iqd

💣“Iraq’s Banking System at Breaking Point: Reform or Collapse?” 🏦⚠️

 💣“Iraq’s Banking System at Breaking Point: Reform or Collapse?” 🏦⚠️

August 13, 2025 – Baghdad Economic Update
🔗 Source: Baghdad Today


✅ 🚨 URGENT WARNING FROM EXPERTS

Ahmed Al-Tamimi: “Banking reform is not a luxury—it’s a national and security necessity.”

🔻 THE CRISIS: WHAT’S BROKEN

  • Near-total cash reliance

  • Weak digital infrastructure

  • Low financial inclusion

  • Rampant corruption & money laundering

  • Public distrust of banks

  • Stalled private sector growth

🧠 WHY IT MATTERS

Iraq’s economy is choking under outdated systems and lack of trust.
No modern economy can thrive without transparentdigital, and secure banking infrastructure.


✅ THE SOLUTION: A COMPLETE OVERHAUL
Al-Tamimi calls for radical and immediate reform, including:
🔹 Upgraded banking tech & digital services
🔹 Stronger anti-money laundering tools
🔹 Global standards for governance & transparency
🔹 Government + Central Bank + international coordination
🔹 Rebuilding public trust in financial institutions

🧱 Quote:

“This is the cornerstone of any successful reform.”


⏳ WHY NOW?

With mounting economic and security pressures, Iraq can no longer afford half-measures.
A strong, globally-aligned banking system is essential to unlock growth, attract investment, and restore public confidence.


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MARKZ: 💥“Oil Deals, Deadlines & RV Whispers: Is the Reset Closer Than We Think?”⏳🔥

 💥“Oil Deals, Deadlines & RV Whispers: Is the Reset Closer Than We Think?”⏳🔥

Coffee with MarkZ & Mr. Cottrell - Highlights (08/14/2025)
Summary by PDK – Not verbatim


🔹 BIG BREAKING:
🛢️ Baghdad & Kurdistan officially signed the oil export agreement.
📦 Iraq will export oil to Syria and is building new pipelines = major revenue shift!

🔹 Banking Alert:
🏦 CBI is working with Oliver Wyman on reforms—rumor says they’ve got < 20 days to finalize big changes.
🌍 This ties Iraqi banks to the international system = higher currency value expected.

🔹 Countdown Clock?
🕰️ U.S. reportedly gave Iraq 20 days to implement monetary reforms.
🧮 Still unclear when the clock officially started ticking…

🔹 Currencies in the 1st Basket?
💵 MarkZ is confident in: Iraq, Vietnam, Indonesia.
📜 Other potential mentions: US, UK, Kuwait, Canada, China, Venezuela, Zimbabwe, and more.

🔹 RV Rumors
🔮 Some say we may wait until after Labor Day—others hope for end-of-August action.
🙏 “Just have mustard seed faith”—community holding strong!

🔹 Quiet Before the Storm?
🤫 No major bond or banking chatter—could it be NDA silence?


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Wednesday, August 13, 2025

⚡️ Iraq on the Edge: Bonds, RV & Global Reset—Only Days Away!

 


💥 Iraqi Banking Crisis: 10 Banks Fail to Return Deposits, 80% of Currency Held Outside Banks

💥 Iraqi Banking Crisis: 10 Banks Fail to Return Deposits, 80% of Currency Held Outside Banks

(August 12, 2025 | Baghdad Today)


⚠️ Key Points:

  • 80% of Currency Outside Banks:
    Central Bank Governor Ali Al-Alaq confirms that about 80% of Iraqi currency is kept outside banks, mostly in homes, due to low public confidence in the banking system.

  • Banking Reform Plan 2025:
    The Central Bank’s 2025 reform document aims to modernize Iraqi banks to meet international standardsand attract global partnerships.

  • Partial Resistance, Major Collapse:
    Only 10% of banks have expressed reservations about the reform plan.
    Meanwhile, 10 banks face liquidation because they cannot return customer deposits

    .

  • Strategic Reform Effort:
    The reform is seen as a critical step to rebuild trust and fix long-standing issues in the banking sector.


Source: Baghdad Today


📲 Follow for Real-Time Updates:

🌟 Iraq’s Economic Alignment: Government & Central Bank Working Together 🇮🇶💰

  🌟 Iraq’s Economic Alignment: Government & Central Bank Working Together 🇮🇶💰 🏦 The Central Bank of Iraq (CBI) and the new governme...