Tuesday, February 10, 2026

Iraq reports mixed inflation trends in 2025

 Shafaq News- Baghdad

Iraq’s Ministry of Planning said inflation pressures eased in most months of 2025, with price declines recorded more frequently than increases across the country, including the Kurdistan Region.

Ministry spokesperson Abdul Zahra Al-Hindawi said data compiled by statistical teams showed inflation fell in seven months during the year. The steepest monthly increase came in August, when inflation rose by 0.8%, while the sharpest decline was recorded in June, with a drop of 1.2%.


The consumer basket monitored by the ministry covers 333 goods and services, representing about 88% of total household spending. These items are divided into 12 main expenditure groups, including food and beverages, and housing.


On an annual basis, compared with 2024, inflation followed a shifting pattern throughout the year. Prices increased during the first five months of 2025, peaking in January with an annual rise of 2.3%. From June onward, annual inflation turned negative and continued to decline through the final months of the year.


Iraq’s annual inflation rate stood at 2.6% in 2024, down from 4.4% in 2023 and 5% in 2022, according to recent figures released by the International Monetary Fund (IMF).


DINAR REVALUATION: Iraq Faces Financial Crisis and Exchange Rate Pressures

IRAQ OFFICIALLY ADMITS FINANCIAL CRISIS: EXCHANGE RATE PRESSURES, POLITICAL PARALYSIS, AND ECONOMIC RISKS AHEAD

Introduction: What Iraq Is Now Admitting Publicly

After months of denial, political deflection, and optimistic rhetoric, Iraq has officially acknowledged that it is facing a financial crisis.

This admission is not symbolic — it confirms what economists, citizens, and observers have been warning about for months. The most alarming signal is that government salaries are now identified as the most vulnerable pressure point, exposing the depth of the problem.

This is no longer speculation. It is now government-confirmed reality.


Official Acknowledgment of the Financial Crisis

Salary Pressures Reveal the True Scale of the Problem

When a government admits that salary payments are at risk, it signals a liquidity stress issue, not just a budgeting delay.

Key warning signs include:

This acknowledgment represents a turning point — Iraq can no longer pretend the situation is under control.


Exchange Rate Realities: Political Statements vs. Market Truth

Why the Government Cannot Control the Dollar

Despite repeated political claims, the Iraqi government does not directly control the dollar exchange rate.

Here’s the reality:

  • The official exchange rate is administratively set

  • The parallel market rate is driven by supply and demand

  • Confidence, capital flows, and access to dollars dictate price

As long as these two rates diverge, fears of dinar devaluation will persist, regardless of political messaging.


Parliamentary Response: Recognition Without Resolution

Why Nothing Is Moving Forward

Lawmakers have openly acknowledged the crisis and floated solutions, including:

  • Adjusting the official exchange rate

  • Revising fiscal policy

  • Emergency economic measures

However, no major decision can be implemented until a new government is formed.

Committees are still being created. Reports are still being drafted. Meanwhile, time continues to pass — and pressure continues to build.


Structural Economic Weaknesses Holding Iraq Back

Deep Problems That Cannot Be Fixed Overnight

Economic experts point to long-standing structural flaws, including:

  • Weak tax collection systems

  • Overdependence on oil revenues

  • Slow and incomplete reforms

  • Poor oversight of government spending

  • Election-driven political pressure

These are not new problems. What’s new is that they are now colliding simultaneously, creating systemic risk.


Proposed Economic Reforms: Temporary Relief, Not a Cure

What Experts Are Recommending

Among the most discussed proposals:

  • Temporary tariff reductions on essential goods

  • Digital trading platforms for small merchants

  • Gradual, non-confrontational reforms

  • Avoiding shock policies that hurt citizens

These measures aim to stabilize trade and protect purchasing power, not solve the crisis permanently.


Political Deadlock and Power Struggles

Why Government Formation Remains Frozen

The political process remains stalled, with proposals even surfacing to extend the current government’s term by one year.

At the center of this deadlock is Nuri al-Maliki’s continued political ambition, which many see as the primary obstacle preventing consensus.

Without political resolution, economic solutions remain hostage to power struggles.


U.S. and Regional Engagement: Why It Still Matters

External Stability Amid Internal Chaos

Despite domestic paralysis, international engagement continues:

  • The U.S. maintains military and diplomatic involvement

  • A Pentagon contract supports Abrams tank maintenance

  • Regional cooperation includes:

    • Kurdish federal negotiations

    • Oman–Iraq transport projects

    • Iran’s ongoing sanctions talks

These dynamics underscore that Iraq’s stability remains strategically important, even as internal governance falters.


Forex Market Risks: A Growing Social Crisis

Young Iraqis and Online Trading Losses

One of the most underreported dangers is the rise of unregulated online forex trading.

Young Iraqis, driven by:

  • Social media promotions

  • False profit promises

  • Lack of financial literacy

are experiencing serious financial losses, compounding household stress during an already fragile economic period.


Trade and Customs Developments

New Rules, New Tensions

Iraq has announced:

  • New customs valuation mechanisms

  • Alignment with WTO standards

However, merchants are planning strikes and protests, citing:

  • Rising costs

  • Regulatory confusion

  • Ongoing trade disruptions

Reform without coordination risks triggering backlash.


Featured Snippet: Key Insight

Iraq’s financial crisis is now officially acknowledged, but political paralysis and exchange rate constraints continue to delay meaningful solutions.


Q&A: What You Need to Know

Q: Has Iraq officially admitted to a financial crisis?

A: Yes. Government officials now openly acknowledge financial stress, particularly regarding salaries.

Q: Can Iraq control the dollar exchange rate?

A: No. The parallel market is driven by supply and demand, beyond direct government control.

Q: Why aren’t reforms being implemented?

A: Political deadlock and delayed government formation block decision-making.

Q: Are exchange rate changes coming soon?

A: Any major adjustment is politically sensitive and likely postponed until a new government is formed.

Q: Who is most at risk right now?

A: Public sector workers, small traders, and inexperienced forex investors.


Key Takeaways

  • Iraq’s financial crisis is officially recognized but unresolved

  • Exchange rate pressures remain politically and technically constrained

  • Political paralysis continues to delay solutions

  • Structural reforms are necessary but difficult

  • Regional diplomacy and U.S. engagement remain critical

  • Financial risk awareness is urgently needed


Final Perspective

This crisis did not appear overnight. It is the result of years of delayed reform, political maneuvering, and structural neglect.

Now that the government has admitted the problem, the real test begins — whether Iraq can move beyond acknowledgment to action.

Until political deadlock is resolved, economic uncertainty will remain the norm.


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US, Israel, and Iran step up military readiness as regional tensions grow

 Shafaq News

A background look at the forces, weapons systems, and defenses shaping the current standoff.

Israel’s decision to ban photography during its June 2025 war with Iran reflected the scale of damage caused by Iranian ballistic missiles that struck targets across multiple Israeli cities. A similar ban imposed by Iranian authorities aimed to conceal damage to nuclear facilities and other sites hit in cities and surrounding areas.


Attention has now shifted back to the possibility of renewed confrontation, with the United States emerging at the forefront of a potential conflict with Iran, while Israel positions itself behind Washington in an effort to steer the crisis toward a military option rather than negotiations. Israeli media have quoted Prime Minister Benjamin Netanyahu as saying that talks with Iran would not produce meaningful results.


As both sides increase military preparations, focus has turned to the capabilities of the potential adversaries: the United States and Israel on one side, and Iran on the other. Recent US military deployments are among the largest seen in the region, with Washington raising readiness levels at its bases near Iran and deploying aircraft carriers equipped with advanced offensive and defensive systems.


US Military Posture


The US Central Command (CENTCOM) has announced that the USS Abraham Lincoln aircraft carrier strike group is currently operating in the Middle East “to enhance regional security and stability.” Military analysts often describe the carrier as a floating airbase.


The strike group includes the aircraft carrier Abraham Lincoln and three guided-missile destroyers: USS Frank E. Petersen, Jr., USS Spruance, and USS Michael Murphy. According to CBS, the carrier hosts squadrons of F/A-18E/F Super Hornets, EA-18G Growler electronic warfare aircraft, fifth-generation F-35C stealth fighters, and MH-60R/S helicopters.


In addition to the carrier group, Washington has deployed squadrons of F-15 fighter jets and C-17 transport aircraft carrying heavy equipment to the region.


A single Arleigh Burke-class destroyer, such as USS Frank E. Petersen, Jr., is capable of launching Tomahawk cruise missile strikes against Iranian targets and providing air defense for the carrier group through the Aegis combat system. The Arleigh Burke class is considered among the most advanced in the US Navy and is equipped with the Aegis system, designed to integrate sensors to counter anti-ship missile threats, according to Naval Technology.


The Aegis system can intercept ballistic missiles using SM-3 interceptors. The destroyers are also armed with up to 56 Tomahawk cruise missiles, including land-attack and anti-ship variants guided by inertial navigation.


EA-18G Growler aircraft are designed to conduct electronic warfare missions, including jamming enemy air defense systems. Similar capabilities were previously employed by the United States during operations targeting Venezuelan air defenses.


Iran’s Capabilities


On the Iranian side, ballistic missiles are viewed as the most influential element of its military arsenal. Leaked footage from previous confrontations showed missiles striking key administrative centers in Tel Aviv and the economic hub of Haifa.


According to the Office of the US Director of National Intelligence, Iran possesses the largest stockpile of ballistic missiles in the Middle East.


Statements and videos released by Iran’s Islamic Revolutionary Guard Corps (IRGC) over time indicate that Iran operates multiple missile sites in and around Tehran, as well as at least five known underground “missile cities” across several regions, including Kermanshah, Semnan, and areas near the Gulf.


Iran’s ballistic missile inventory includes several systems with varying ranges, such as the Sejjil missile with a range of 2,000 kilometers, Emad with a range of 1,700 kilometers, Kadr with a range of 2,000 kilometers, Shahab-3 with a range of 1,300 kilometers, Khorramshahr with a range of 2,000 kilometers, and Hoveyzeh with a range of 1,350 kilometers.

In April 2025, Iran’s semi-official Student News Agency (ISNA) published a graphic showing nine Iranian missiles it said were capable of reaching Israel. These included a hypersonic Sejjil missile, which the agency said can fly at speeds exceeding 17,000 kilometers per hour with a range of 2,500 kilometers, the Kheibar missile with a range of 2,000 kilometers, and the Haj Qassem missile with a range of 1,400 kilometers.

Iranian officials have emphasized that these missile capabilities allow Tehran to target US military bases across the region, including in Qatar, Saudi Arabia, Turkiye, the United Arab Emirates, and Bahrain.

In June 2023, Iran announced that it had developed its first domestically produced hypersonic ballistic missile. Hypersonic missiles travel at least five times the speed of sound and follow complex trajectories, making them difficult to intercept.

Iran has not indicated whether it would accept negotiations over its ballistic missile program. The issue remains a core concern for both the United States and Israel, which argue that limiting Iran’s missile capabilities is essential to any agreement. Iranian officials, however, have repeatedly described the missile program as a “red line,” insisting that negotiations should be confined to the nuclear file.

Read more: Redrawing the map: How Iran–Israel war is reshaping the Middle East

Tehran has used ballistic missiles in several operations, including a strike on the US Al Udeid Air Base in Qatar. In January 2024, the IRGC said it targeted an Israeli intelligence facility in the Kurdistan Region of Iraq, as well as Islamic State (ISIS) positions in Syria. Iran has also launched ballistic missiles at two bases belonging to an armed group inside Pakistani territory.

Saudi Arabia and the United States accused Iran in 2019 of carrying out a drone and cruise missile attack on facilities operated by Saudi Aramco. Tehran denied responsibility.

One of the most significant Iranian missile attacks against US forces occurred in 2020, when Iran struck the Ain al-Asad Air Base in western Iraq in response to the US assassination of Qassem Soleimani, commander of the IRGC’s Quds Force, in Baghdad.

Read more: Zero-sum game: Can the Iran-Israel conflict push Iraq toward frontline?

Despite Iran’s promotion of advanced air defense systems such as Khordad-15, Bavar-373, and Sevom Khordad, previous rounds of fighting showed that these systems, including Russian-supplied S-300PMU batteries, failed to prevent US and Israeli air strikes.

Israel’s Air and Missile Defenses

Israel’s primary military advantage lies in its air force, which is widely regarded as among the most capable globally. It is centered on squadrons of F-35, F-15, and F-16 fighter jets and has played a central role in Israel’s military campaigns across the region over the past two years.

Israel also relies heavily on its missile defense network, which intercepted a portion of Iranian missiles during the last conflict, though the systems showed signs of strain. The network is designed to counter Iranian drones, including the Shahed series, which fly at speeds of about 185 kilometers per hour, with ranges exceeding 2,500 kilometers and payloads of 30 to 50 kilograms of explosives.


Read more: Fragile Truce: Unpacking the uneasy ceasefire between Israel and Iran


Israel’s missile defense architecture consists of four operational layers, with an additional laser-based interception system announced but not yet used in combat. The existing systems include Iron Dome, which intercepts short-range rockets with ranges between four and 70 kilometers; David’s Sling, designed to counter medium-range threats between three and 400 kilometers; and Arrow-3, intended to intercept long-range and hypersonic missiles at distances of up to 2,300 kilometers.


The United States, which Israel depends on for logistics and intelligence, has also deployed the Terminal High Altitude Area Defense (THAAD) system to support Israel’s defenses against missiles with ranges exceeding 3,000 kilometers.


Unused Capabilities


If a new war were to break out, it could involve weapons not previously used by all sides. Iran has yet to employ its naval forces deployed along the Persian Gulf, the Gulf of Oman, the Strait of Hormuz, and the port of Bandar Abbas. According to Global Firepower, Iran’s navy ranks 37th globally.


Iran typically launches ballistic missiles at night, citing operational mobility and the technical requirements of liquid-fuel missiles. Night launches also reduce exposure to satellite surveillance, which has played a key role in US and Israeli monitoring of Iranian military movements and has assisted Israeli air operations in targeting parts of Iran’s missile infrastructure.

MNT GOAT: THE END OF THE “LONG STRUGGLE”: MALIKI CLOSE TO ANNOUNCING HIS WITHDRAWAL AND WHAT IT REALLY MEANS FOR IRAQ

Introduction: The Political Deadlock Was Never What It Seemed

For months, the delay in electing Iraq’s new president was presented as a constitutional or procedural crisis. But in reality, this so-called “crisis” was nothing more than a political coverup — a strategic pause while Iraq’s political blocs worked through one critical issue: the Nori al-Maliki nomination problem.

Now, that long struggle appears to be reaching its conclusion.

Multiple indicators strongly suggest that Nori al-Maliki is close to officially announcing his withdrawal, clearing the path for Iraq’s stalled election process to resume. Once this final obstacle is removed, the political machinery can move forward rapidly — including the announcement and confirmation of a new president.


The Truth Behind the Delayed Presidential Election

Picking a President Was Never the Real Crisis

Contrary to mainstream narratives, selecting a new president was not the true issue. The delay was intentional.

The real objective was to prevent Maliki’s nomination from advancing, while political actors — particularly Kurdistan — repositioned themselves behind the scenes.

Once Maliki conceded his nomination, the excuse for delaying the process disappeared. This is why, almost immediately after these developments, we see renewed momentum toward announcing the president and resuming parliamentary sessions.


Why Maliki’s Withdrawal Changes Everything

The Key That Unlocks the Entire Process

Maliki’s withdrawal is not a minor political footnote. It is the single most important trigger that allows:

  • The presidential election to move forward

  • Parliamentary sessions to resume

  • Government formation to accelerate

  • Long-delayed political agreements to surface

In short, nothing moves forward without Maliki stepping aside — and now that moment appears imminent.


Kurdistan’s Strategic Move Explained

Why Kurdistan Was Waiting

My sincere belief — not opinion, but analysis based on political behavior — is that Kurdistan was waiting for this exact announcement before revealing their presidential nominee.

Kurdistan would not have publicly announced Fuad Hussein as their candidate unless they were already confident that Maliki was out of the equation.

This stalling tactic was deliberate.

The delay in electing the president was a calculated political maneuver designed to:

  • Pause the process

  • Reassess the power balance

  • Prevent Maliki’s advancement

  • Control the timing of the next political step

Once Maliki’s withdrawal became inevitable, Kurdistan moved decisively.


What Happens Next: Timeline Expectations

New Parliamentary Session Expected Soon

Expectations are now that a new parliamentary session to elect the president will be held early next week .

With Maliki stepping aside:

  • Political resistance dissolves

  • Legal and constitutional excuses disappear

  • Momentum returns almost instantly

This is why events may suddenly appear to move very fast after months of stagnation.


Featured Snippet: Key Takeaway

Maliki’s withdrawal is the real reason Iraq’s presidential election can now proceed, ending months of deliberate political stalling and unlocking the next phase of government formation.


Q&A: What Readers Are Asking

Q: Why was the presidential election delayed for so long?

A: The delay was strategic, not procedural. It was used to stall Maliki’s nomination while political blocs repositioned.

Q: Is Maliki officially out?

A: Indicators strongly suggest he is close to announcing his withdrawal, which is the final barrier to progress.

Q: Why did Kurdistan wait to announce Fuad Hussein?

A: Kurdistan would not risk announcing their nominee unless they were confident Maliki was no longer a threat.

Q: What happens after the president is elected?

A: Government formation accelerates, stalled agreements resurface, and political normalization resumes.


Why This Moment Matters More Than Headlines Suggest

This is not just another political reshuffle. This is the end of the long struggle that has defined Iraq’s recent instability.

When Maliki steps aside, it signals:

  • The collapse of a prolonged power play

  • A reset of political momentum

  • A return to constitutional progress

Those watching closely understand: this moment has been engineered for months.


Final Thoughts from Mnt Goat’s Perspective

Political theater often disguises real intent. The delay in Iraq’s election process was never about confusion — it was about control.

Now that Maliki is effectively out, the stage is finally clear.

And when the curtain lifts, events will unfold far more rapidly than most expect.


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#Geopolitics #BreakingNews #PoliticalAnalysis #MntGoat

#IraqPresident #DinarRevaluation #GlobalPolitics #PowerShift 

Mnt Goat 

  Article:  "THE END OF THE “LONG STRUGGLE”… MALIKI IS CLOSE TO ANNOUNCING HIS WITHDRAWAL...

...Picking the new president was not the crisis it was a coverup while they sorted out this Nori al-Maliki nominee mess...Now that he has conceded his nomination...the new president is announced to us. Thus they can now move ahead with the election process again.

Article:  “THE END OF THE “LONG STRUGGLE” … MALIKI IS CLOSE TO ANNOUNCING HIS WITHDRAWAL EXPECTATIONS ARE THAT A NEW SESSION TO ELECT THE “PRESIDENT” WILL BE HELD EARLY NEXT WEEK.” 

 My sincere belief, not opinion, is that this announcement is what Kurdistan was waiting for in order to announce their nominee for the presidency. Kurdistan would not have just announced their candidate Fuad Hussein, if they didn’t know that Maliki was out...this was the sole reason for the stalling in the election process in the first place as a delay in picking the president was just a reason to stall. In other words, a political maneuver by the Kurds to stall the process in order to take a step back and keep the next step from happening, which would have been Maliki’s nomination.

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