Wednesday, February 11, 2026

35,000 AMERICAN SOLDIERS SURROUND IRAQ: THEY WILL NOT HESITATE TO “TAKE CONTROL OF BAGHDAD” IF IT TAKES THIS STEP!

 35,000 AMERICAN SOLDIERS SURROUND IRAQ: THEY WILL NOT HESITATE TO “TAKE CONTROL OF BAGHDAD” IF IT TAKES THIS STEP!

With rising tensions between Iran and the United States, and increasing talk of the possibility of the confrontation expanding from a war of mutual strikes to a wider clash, notable warnings emerged from Iraqi military expert Alaa al-Nashou , who warned that any use of long-range missiles by Iraqi factions against American forces or interests could open the door to a “new occupation of Iraq,” in light of a large American military buildup surrounding the region.

These warnings coincide with international press reports about the transfer of Iranian missiles to Iraqi factions, with the monitoring of an unprecedented American naval and air buildup near Iran and Iraq, and with parallel discussions about the possibility of Yemen becoming a new ground operations arena, which puts Iraq at the heart of a complex regional equation in which it could slip back into the forefront of confrontation if the scope of the clash widens.


Iranian long-range missiles on Iraqi soil?

Western newspapers reported intelligence indicating that Iran, for the first time, supplied Iraqi armed factions with long-range surface-to-surface missiles, in a move interpreted as part of an advanced deterrence strategy in case Tehran is subjected to a large-scale American or Israeli strike.

According to these leaks, some of these missiles were stored at sites inside Iraq and possibly in other countries in the region, with the aim of providing a rapid response capability against American and Israeli bases or targets, while reducing the need to launch missiles from Iranian territory itself. This scenario, if accurate, means that any decision to escalate missile attacks will not be isolated from Iraqi territory, but could be implemented from within Iraq or through factions politically and militarily affiliated with it.

The situation became even more complex and dangerous about a week ago when some factions announced the establishment of what they called an “underground missile city” inside Iraq, showcasing missile capabilities buried deep underground that are difficult to detect or target with a single strike. This announcement, regardless of the accuracy of its field details, adds a new layer of anxiety; it reinforces the image of Iraq in the eyes of the United States as a potential missile launchpad in any major confrontation, and simultaneously increases the likelihood of it becoming a direct target should a decision be made to respond to or curtail these capabilities militarily.

From here, Alaa Al-Nashou poses a critical question: If long-range missiles are launched from Iraqi territory towards American targets, will all of Iraq be treated as a “hostile platform” justifying a broader military intervention?


US military buildup encircles Iraq and Iran

The report speaks of a highly complex regional military landscape, including the presence of large US naval groups in the northern Arabian Sea, the Red Sea and the eastern Mediterranean, advanced fighters of various types stationed at air bases spread across the countries of the region, and ground forces ready to move.

The military expert adds that “approximately three Marine divisions have been brought in, meaning that about 35,000 American soldiers are now present in American bases surrounding Iraq and surrounding Iran,” as he put it, explaining that this size of deployment is not only aimed at directing air or missile strikes, but also creates the possibility of moving part of these forces to ground operations if the political and military doors are opened for that.

It is true that the public American political discourse focuses more on “deterrence and pressure” than on “full-scale invasion” as happened in 2003, but the reading of the escalation stems from experience with the Iraqi reality: whenever the country turns into a shooting range for Americans, Washington becomes more willing to exploit this reality to justify expanding the military presence and imposing new security realities on the ground.


Warning of a “new occupation” and rules of engagement

In the widely circulated intervention, Alaa Al-Nashou links three key elements:

Arming the factions with long-range missiles, as reported by Western press reports.

-The current US military buildup around Iraq and Iran, including naval and air forces and Marine Corps units.

-American control over the rules of engagement in the region, meaning that most air and sea fire lines today pass through an American decision or are under direct American supervision.

Al-Nashou concludes that “if what has been published is true, and Iraqi factions proceed to use these missiles against the United States, then this will be a recipe for a new occupation of Iraq,” expecting that Washington will use such an attack to justify the introduction of additional ground forces under titles such as “protecting American forces and interests” or “preventing Iraq from becoming an Iranian missile platform.”

In his view, “America today controls the rules of engagement,” and there is virtually “no major front line in the region outside of American will,” meaning that any ill-considered decision from within Iraq could once again plunge it into the heart of a battle whose rules are drawn outside its borders.


Yemen as a parallel front in American calculations

The scenario is not limited to Iraq, but indicates that part of these forces could be used in ground operations in Yemen, following waves of airstrikes targeting sites belonging to the Ansar Allah group, and repeated talk about the need to “secure navigation” in the Red Sea and the Gulf of Aden.

According to this interpretation, Yemen may become the first testing ground for broader ground operations, supported by allied local forces, while the possibility of expanding operations to other countries – including Iraq – remains, if the fronts overlap and different Arab territories are used to put pressure on the United States or to target its interests.


Modern US weapons and the “post-Maduro” scenario

In addition, warnings are increasing in military and strategic circles about the qualitative development in the modern American weapons system, especially those that have been tested or brandished in sensitive cases such as Venezuela during the Nicolas Maduro crisis, where Washington sought to establish a new model in conflict management based on a combination of crippling sanctions, naval blockade, intelligence pressure, and the threat of using long-range precision strikes without the need for a full-scale ground invasion.

This pattern of thinking makes the “occupation” in its new form less dependent on tanks entering the capital, and more based on paralyzing command and control centers, targeting vital infrastructure, and supporting loyal local forces on the ground, thus turning the targeted state into an open space for foreign influence without a formal declaration of occupation.

Hence the danger of repeating this scenario in Iraq if its territory turns into a platform for factions’ missiles against the United States; as Washington could find in that an opportunity to employ its technological superiority and its air, naval and electronic weapons to impose new security realities, under the slogan of “protecting forces and interests” or “preventing the repetition of the Maduro model in the Middle East,” while the Iraqis pay the price for a battle whose tools are moved from outside their borders.


Between “full occupation” and “expanding the military presence”

Alaa Al-Nashou’s warnings do not necessarily mean that Washington is heading towards repeating a carbon copy of the 2003 invasion, but they highlight a wider range of options, starting with expanding existing military bases and tightening their procedures, passing through deploying special forces and rapid response forces in larger numbers, imposing closed military zones or “safe corridors” in some provinces, and ending with imposing a kind of “undeclared security tutelage” over the Iraqi decision, through political and economic pressure.

In this case, armed action from within Iraq – especially if long-range missiles are used – becomes a decisive factor in pushing Washington towards more aggressive options, even if it does not reach the level of a full-scale invasion in the traditional sense of the word.


What does all this mean for Iraq today?

Reading the current situation places Iraq at a clear crossroads: either it maintains a reasonable distance from the missiles of a “major war” and prevents its territory from becoming a platform for strategic clashes between America and Iran, or it slips—intentionally or through miscalculation—into the arena once again, with all the risks this entails for its sovereignty, the unity of its institutions, and its economic and security situation.

The essential message in these warnings is that whoever decides to exert missile pressure on the United States may not be the same person who bears the cost of the reaction on the ground. The real cost will be paid by the state, society, economy, and ordinary Iraqis if the door is opened to a broader military presence, under any name.


MARKZ UPDATE: CBI Says “Exchange Rate Is Fixed” – So Why Are They Removing Dinar from Circulation?

🚨 MARKZ REPORT: “The Exchange Rate Is Fixed”… But Watch the Actions

According to recent commentary shared via PDK, the Central Bank of Iraq (CBI) Governor stated:

“The exchange rate is fixed and will not change. And we continue to pump dollars.”

On the surface, that sounds straightforward.

No rate change. No adjustment. Business as usual.

But when you look deeper into what the CBI is actually doing, the situation becomes much more interesting.

Let’s break it down.


💵 Why Is the CBI Pumping Dollars?

Reports indicate:

  • The CBI continues injecting U.S. dollars into the market.

  • Banks are using those dollars to purchase dinar off the streets.

  • Those dollars are also used to finance international trade.

This accomplishes two major things:

1️⃣ Reduces Dinar in Circulation

When banks buy dinar from the public using dollars, they remove IQD from circulation.

Less circulating supply = stronger monetary control.

2️⃣ Stabilizes the Trade System

Using dollars for international trade reduces pressure on the domestic currency during reform phases.

But here’s the key question:

Why would a central bank want to reduce the supply of its own currency?


📉 Cleaning Up the Currency Supply

Reducing excess dinar in circulation is part of monetary tightening.

If too much currency exists in the system:

  • Inflation risk increases.

  • Exchange rate stability becomes harder.

  • Parallel market pressure grows.

  • Currency reform becomes more complicated.

By pulling dinar off the streets, the CBI:

  • Gains control over liquidity.

  • Strengthens banking reserves.

  • Improves balance sheet positioning.

  • Prepares for future monetary flexibility.

This is not random activity.

This is structured monetary management.


🤔 Why Clean Up Currency If the Rate Won’t Change?

The Governor publicly says the rate is fixed.

But central banks rarely announce major monetary shifts in advance.

Historically, central banks:

  • Stabilize liquidity first.

  • Narrow parallel market gaps.

  • Reduce circulating cash.

  • Strengthen digital banking.

  • Then adjust monetary policy when conditions align.

Currency supply management often precedes exchange rate reform.

That does not guarantee a rate increase — but it does suggest preparation.


🏛️ Parliament Delays Add to Uncertainty

Another headline:

“Iraq Parliament holds session for minutes and adjourns until further notice.”

The session was tabled over the weekend.

They returned Monday.

It was shut down again.

Political instability continues to affect decision-making processes.

And this is important because:

Monetary reform requires political backing.

Without stable governance, major economic shifts tend to stall.


⚖️ The Bigger Picture: Auctions, Dollars & Reform

There has been pressure to:

  • Decrease the exchange rate (strengthen IQD)

  • Reform or eliminate currency auctions

  • Modernize dollar distribution systems

The traditional auction system allowed:

  • Dollar leakage

  • Parallel market manipulation

  • Currency distortion

Recent reforms aim to:

  • Digitize transactions

  • Enforce compliance

  • Use formal banking channels

  • Tighten oversight

This is consistent with reducing dinar supply while maintaining short-term rate stability.


🔥 Featured Snippet Summary

Is the Iraqi dinar exchange rate changing?
No official change has been announced; the CBI states the rate remains fixed.

Why is Iraq pumping dollars into the market?
To buy dinar off the streets, reduce currency supply, and stabilize trade financing.

What does reducing dinar circulation suggest?
It may indicate preparation for tighter monetary control and potential future policy flexibility.


❓ Q&A Section

Q: Does reducing dinar supply automatically mean a rate increase?

No. It strengthens monetary control but does not guarantee revaluation.

Q: Why not just announce a rate change?

Major rate shifts require political stability, international coordination, and strong reserves.

Q: Is the auction system ending?

It is being restructured and modernized, but not abruptly eliminated.

Q: Does parliament instability delay monetary reform?

Yes. Political fragmentation can delay broader economic policy moves.


📊 What Investors Should Watch

Instead of focusing on headlines alone, monitor:

✔ Circulating dinar supply levels
✔ Parallel market rate gap
✔ Parliamentary stability
✔ U.S.–Iraq financial coordination
✔ Central Bank liquidity reports

Monetary reform is a process — not a weekend event.


🚦 Final Thoughts

When a central bank says the rate is fixed, believe the statement.

But also watch the actions.

  • Buying back currency

  • Pumping dollars strategically

  • Tightening liquidity

  • Reforming auctions

These are not passive steps.

They are deliberate.

The key question is not:

“Is it happening today?”

The real question is:

“What foundation are they building?”


📢 Stay Connected for Updates

🔗 Official Blog:
https://dinarevaluation.blogspot.com/

📢 Telegram:
https://t.me/DINAREVALUATION

📘 Facebook:
https://www.facebook.com/profile.php?id=100064023274131

🐦 Twitter/X:
https://x.com/DinaresGurus

🎥 YouTube:
https://www.youtube.com/@DINARREVALUATION


📈  Hashtags

#MarkZ #IraqiDinar #CBI #ExchangeRate #RVUpdate #CurrencyReform #IQD #ForexNews #IraqParliament #MonetaryPolicy #DinarInvestors #FinancialNews #GlobalMarkets #BankingReform 

MarkZ   [via PDK] 

 Article:   “Central Bank Governor: The exchange rate is fixed and will not change. And we continue to pump dollars” 

There has been pressure to decrease the exchange rate and not increase it. And to do away with auctions as they are now doing it. They [CBI and banks] have been using US dollars to buy dinar off the streets and use it [the US dollar] for international trade. This is a great way for them to decrease the dinar in circulation. It is allowing them to clean up their currency. Why would they clean up their currency?

 To increase the rate.

Article: “Iraq Parliament hold session for minutes and adjouns it until further notice” 

 They tabled their session over the weekend…then came back on Monday which was shut down.

FIREFLY: We can cover 100% on almost any rate that we want to come out with.!! ‪@DINARREVALUATION‬

 


AL-MARSOUMI WARNS: CENTRAL BANK DECISIONS THREATEN MORE THAN 50,000 WORKERS WITH LOSSES AND MASS LAYOFFS

 AL-MARSOUMI WARNS: CENTRAL BANK DECISIONS THREATEN MORE THAN 50,000 WORKERS WITH LOSSES AND MASS LAYOFFS

 Iraqi economic analyst Nabil Al-Marsoumi warned of serious financial repercussions that could affect local companies contracted with oil licensing companies, stressing that more than 200 Iraqi companies employing more than 50,000 workers are now threatened with large losses that could lead to the dismissal of large numbers of their employees.

Al-Marsoumi explained in a tweet he posted on his Facebook page that these risks came as a result of the Central Bank of Iraq’s directive not to disburse dollar transfers to those companies in dollars, and obliging them to convert them to dinars according to the official rate, even though their contracts were concluded in dollars.

He pointed out that the losses result from the large difference between the official and parallel exchange rates of the dollar against the dinar, noting that companies’ contracts and operating expenses are done in dollars, which exacerbates the financial burdens and threatens the continuity of their work.

It is noted that companies transfer their employees’ dues in dollars, while banks disburse them in Iraqi dinars at the official rate of 131,000 dinars, even though the dollar’s ​​price in the market exceeds 145,000 dinars, which has sparked widespread objections from employees regarding this procedure.

MNT GOAT BREAKDOWN: Maliki Withdrawal, U.S. Pressure & The Collapse of Iraq’s Parallel Dollar Market

🚨 MNT GOAT UPDATE: Political Pressure & Economic Breakthroughs in Iraq

There is intense political movement happening inside Iraq — and at the same time, major economic shifts that could directly impact monetary reform.

Let’s separate emotion from analysis and break down what is really unfolding.


🏛️ Maliki May Withdraw? Political Maneuvering Intensifies

In the article titled:

“A MEMBER OF THE COMMITTEE: MALIKI MAY WITHDRAW FROM THE NOMINATION FOR THE SAKE OF IRAQ”

A member of the Coordination Framework suggested that Nouri al-Maliki could abandon his candidacy for Prime Minister.

Why would this happen?

Because pressure is mounting — both internally and externally.


🌍 U.S. Pressure & Sanction Risk

Another article titled:

“DOLLARS, POLITICS, AND FACTIONS: PRESSURE POINTS SURROUND THE ANTICIPATED CABINET”

Highlights a critical reality:

Political leaks suggest:

“Washington is not compromising on the form of government this time.”

This means:

  • No tolerance for faction-dominated cabinets.

  • No tolerance for overt Iranian influence.

  • No tolerance for militia-backed governance.

Iraq’s leadership is walking a tightrope between sovereignty and international survival.


⚖️ The Core Problem: Coordination Framework & Iranian Influence

The Coordination Framework consists largely of Shiite political blocs, many with known ties to Tehran.

Under Iraq’s system:

  • The Prime Minister position traditionally goes to a Shiite candidate.

  • The majority parliamentary bloc selects the PM.

  • Bloc coalitions can override broader voter preference.

This creates tension because:

  • Many Iraqis voted for reform-oriented leadership.

  • Political backroom alliances determine outcomes.

  • Foreign influence complicates sovereignty.

Political reform is just as necessary as banking reform.

Without governance reform, monetary reform remains constrained.


🗳️ Election Reform — A Deeper Issue

Iraq’s repeated government formation delays highlight structural weaknesses:

  • Coalition manipulation

  • Bloc consolidation tactics

  • Influence from outside actors

  • Weak checks on nationality and allegiance

Many argue Iraq needs stronger election safeguards to prevent foreign infiltration into domestic politics.

And let’s be honest — election system controversies are not unique to Iraq.

Democratic systems worldwide are facing similar debates over transparency, allegiance, and sovereignty.


💵 BREAKING NEWS: The Parallel Dollar Market Is Being Crushed

Now let’s shift to the economic side — because this is HUGE.

One of the five major issues blocking monetary reform has been:

Official Rate vs Parallel Market Rate

For years:

  • Merchants manipulated the currency auction system.

  • Fake trade documents were used.

  • Dollars were siphoned out of Iraq.

  • Funds flowed toward sanctioned entities.

But now?

The ASYCUDA system has changed everything.


🔍 What Is ASYCUDA & Why It Matters

ASYCUDA (Automated System for Customs Data) enforces:

  • Legitimate trade documentation

  • Verified import/export records

  • Digital customs processing

  • Reduced falsification

Previously, merchants could claim fake imports to obtain dollars from the CBI.

Now?
That door is closing.

And the results are dramatic.


📉 Decline in Trade Transactions — A Bad Sign?

Reports indicate:

  • Decrease in trade transactions

  • Drop in customs revenues

At first glance, critics say this is harmful.

But ask yourself:

Why would trade decline?

Because fake transactions are being eliminated.

If false imports disappear, reported trade volume drops — but real trade becomes more transparent.

The illusion of economic activity is being removed.

This is not economic collapse.

This is economic cleansing.


🚫 Money Changers Are Feeling the Squeeze

We now see:

“IRAQI TRADERS’ ASSOCIATION ANNOUNCES MARKET CLOSURES IN PROTEST AGAINST CUSTOMS DUTIES”

But who are these “traders”?

Many are money exchangers and intermediaries whose business model depended on exploiting the parallel dollar system.

Of course they are protesting.

ASYCUDA tightens the noose:

  • Illegal dollar operations shrink.

  • Smuggling channels dry up.

  • Iran-bound financial flows decrease.

  • Parallel market influence weakens.

This is structural reform in real time.


🔥 Featured Snippet Summary

Why might Maliki withdraw?
Due to mounting U.S. pressure and the risk of sanctions if Iraq forms a government closely aligned with armed factions.

What is ASYCUDA doing?
Eliminating fake trade transactions, tightening customs verification, and crushing the parallel dollar market.

Why are traders protesting?
Because stricter customs enforcement disrupts illicit dollar operations.


❓ Q&A Section

Q: Is U.S. pressure affecting Iraq’s government formation?

Yes. Signals indicate Washington is closely watching cabinet composition and faction influence.

Q: Why is oil dependency important?

With 85% of revenue tied to oil, Iraq cannot risk sanctions that disrupt dollar flows.

Q: Is the decline in trade a bad sign?

Not necessarily. It likely reflects removal of falsified transactions, not real trade collapse.

Q: How does this affect the Iraqi dinar?

Reducing the parallel market gap strengthens monetary control — a key prerequisite for exchange rate reform.


📊 The Big Picture for Investors

Let’s connect the dots:

✔ Parallel market is weakening
✔ Dollar smuggling is being reduced
✔ Customs system is digitized
✔ International compliance is improving
✔ Political factions are under pressure

This is not chaos.

This is consolidation.

The RV is not triggered by rumors.

It requires:

  • Political stabilization

  • Sovereignty clarity

  • Monetary alignment

  • Elimination of parallel distortion

We are watching several of those pillars move simultaneously.


🚦 What Happens Next?

Short-term:

  • Political maneuvering continues.

  • Cabinet negotiations intensify.

  • Faction pressure escalates.

  • More protests from those losing dollar access.

Long-term:

  • Stronger customs enforcement.

  • Narrowing gap between official and parallel rates.

  • Reduced external financial leakage.

  • Greater monetary sovereignty.

Reform is messy.

But reform is visible.


📢 Follow for Ongoing Updates

🔗 Official Blog:
https://dinarevaluation.blogspot.com/

📢 Telegram:
https://t.me/DINAREVALUATION

📘 Facebook:
https://www.facebook.com/profile.php?id=100064023274131

🐦 Twitter/X:
https://x.com/DinaresGurus

🎥 YouTube:
https://www.youtube.com/@DINARREVALUATION


📈Hashtags

#MNTGoat #IraqiDinar #RVUpdate #IraqPolitics #ASYCUDA #ParallelMarket #DollarCrisis #CurrencyReform #CBI #IraqEconomy #USSanctions #IQD #MonetaryReform #FinancialNews #MiddleEast

MNT GOAT

Then there is another article titled A MEMBER OF THE COMMITTEE: MALIKI MAY WITHDRAW FROM THE NOMINATION FOR THE SAKE OF IRAQ” in it we learn that  

“Baghdad/Al-Masalla: On Friday, Abdul Samad Al-Zarkoushi, a member of the Coordination Framework, identified the reason that might prompt Nouri Al-Maliki, the head of the State of Law Coalition, to abandon his candidacy for the next government.”

☹Then yet another article titled DOLLARS, POLITICS, AND FACTIONS: PRESSURE POINTS SURROUND THE ANTICIPATED CABINET” we learn that according to sources contacted by Al-Masalla news, “the coordination framework must act today under the pressure of a delicate political equation that seeks to spare Iraq American anger that could quickly turn into economic and political sanctions, in exchange for showing a higher degree of rationality in the process of forming the next government, at a time when unannounced signals are intensifying regarding red lines related to the shape of the cabinet and its balances.”

“In Baghdad, political leaks and diplomatic readings converge to confirm that any government perceived as being close to armed factions will quickly lose international cover. This puts the forces involved in the coordination framework to the test of managing influence without provoking external partners, especially with an economy that depends on oil revenues for more than 85 percent of its income and a financial system that is highly sensitive to sanctions.”

Not to change the subject: Well the good news from this article is that the oil revenue is now only 85 percent of Iraq’s income down from 95% just a couple years ago.  

On social media, a political analyst on the X platform said, The messages are clear to anyone who wants to read them. Washington is not compromising on the form of government this time, and any disregard could bring back the scenario of financial pressure.” Conversely, a political activist wrote on Facebook, “Iraq cannot tolerate a Saddam-era government; pragmatism has become a necessity, not an option.”

We all should know by now that the Coordination Framework is made up of Iranian backed Shiite members from the various blocks in Iraq sucking up vote from other blocks to gain the majority block. It is a majority block that decides the next prime minister. This position of selecting the prime minister goes to the Shiite sec as one of the three main positions of the GOI. This in itself is the problem as Iranian Shiites with close ties to Tehran have infiltrated Iraqi politics. Iraq is in much need of political reforms as it is financial and banking reforms in how it choses its representatives. Let’s put this current situation and past election delays as prime examples of what has manifested in this area since Iraq uses the democratic principles to elect its representatives. But is this process really democratic since the majority of the people did vote for al-Sudani not al-Maliki. Maybe checks and balances on the citizenship and  nationality of the politicians and their allegiance to Iraq must be discussed going forward in any sort of election reform. Oh….. aren’t we seeing this same sort of issues in the US election process too? Is this how the dark-side has covertly infiltrated our governments using our own failed election process to do so? Like in the US, Iraq also needs a SAVE Act to save their election process. Enough said…..

Another of our five main issues facing Iraq now in the news again is the issues surrounding the parallel vs official markets for the dollar. So, let’s address this one too as there is lots of news today on this one. Why is this important?

What is now happening with the parallel market is a revelation of some sort. The CBI is finally breaking the parallel market and this time ‘for good’. As we all know the “ASYCUDA” system was implemented in full swing recently. This system forces legitimacy of trade transactions. Remember that under the currency auctions merchants could lie and falsify papers of purchasing fake goods in order to get dollars out of the CBI. With ASYCUDA this just tightened the noose even more on the parallel market to the point where these money changes are going out of business. Funds going to Iran are also drying up.

In the news it’s reported that by the ASYCUDA system the Iraqi government has caused a decrease in trade transactions and a decline in customs revenues in the country. We must ask why there is a decrease in trade transactions? Folks, it because they are weeding out the falsified fake trade transactions thus a decline in revenues since much of this decline never really went towards real trade anyhow? Get it? Let’s get to the TRUTH of what is really happening and how ASYCUDA is benefiting not harming Iraq. In the long-term Iraq can now get a handle on the true trade revenues. So, let the propaganda machine begin in favor of those who simply will not benefit from it.

😊So, what happens next? Of course, the controversy is expanded and the GOI is made out to be the bad guy. We read in the article titled IRAQI TRADERS’ ASSOCIATION ANNOUNCES MARKET CLOSURES IN PROTEST AGAINST CUSTOMS DUTIES. But what are the trading? Folks these are the money exchangers protesting this move using ASYCUDA. Of course they don’t want it. It is shutting down their illegal dollar operations. 

I quote from the article “The Iraqi Traders Association announced on Friday its call for a general closure of all commercial markets throughout Iraq, starting next Sunday and continuing until further notice. The group explained in a statement received by (Al-Mada) that this step comes in protest against the new customs fees, and to demand the immediate removal of the accumulated containers from the port of Umm Qasr.”

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

WALKINGSTICK: For them to make this report is very good for what we're looking for!!! #iraqidinar

 


FROM DOLLAR TO DINAR… EXCHANGE RATE POLICY CONFUSES OIL COMPANIES AND THREATENS THEIR EMPLOYEES!

FROM DOLLAR TO DINAR… EXCHANGE RATE POLICY CONFUSES OIL COMPANIES AND THREATENS THEIR EMPLOYEES!

The Central Bank of Iraq’s decision to convert payments to contractors working with oil companies from US dollars to Iraqi dinars has sparked widespread controversy in economic circles. This comes amid warnings of potential financial and operational repercussions for subcontractors, the labor market, and the stability of the oil sector.

Experts believe that continuing with this mechanism could impose additional financial burdens on companies that rely on dollars for their transactions, impacting their operational capacity and business continuity.

Economic expert Nabil al-Marsoumi stated in a tweet that “more than 200 Iraqi companies contracted with oil licensing companies, employing over 50,000 Iraqi workers, are threatened with significant financial losses and layoffs due to the Central Bank’s directive to disburse their payments in dinars at the official rate—even though their contracts and expenses are denominated in dollars.”

He explained that “the losses stem from the large difference between the official and parallel exchange rates for the dollar against the dinar,” warning of “the collapse of companies due to the exchange rate policy.

“For his part, Mahmoud Hassan, a representative of an oil company, stated during a demonstration organized by subcontractors working for an international oil company that “Iraqi companies operating in the oil sector have been facing a crisis for over a year without any solutions,” warning of “repercussions that could lead to the collapse of a large number of them.”Hassan explained in a press statement that “the contracting companies, which employ more than 40,000 Iraqi workers, are under financial pressure after receiving their payments at the official rate of 131,000 dinars per $100, while the parallel market rate is around 155,000 dinars.” He emphasized that “the difference is causing direct losses.” He added that “the continuation of this situation will force companies to reduce their operations and lay off workers, and may lead to their complete shutdown,” noting that “a number of them have already begun to be unable to pay salaries.”

Hassan called on the Central Bank to “intervene urgently to find a solution that takes into account the nature of these companies’ work and their obligations,” warning that “the continuation of the crisis will negatively impact the oil sector and the labor market.”

In Iraq, secondary oil companies operate—varying from project to project—and undertake the execution of service, supply, maintenance, construction, and transportation works within contracts with local or international oil companies. Contracts are binding on the contracting parties.In this context, economist Hamza al-Jawahiri stated that “contracts stipulating payment in dollars must be honored,” explaining that “payment in another currency constitutes a clear violation of the contract terms.” He emphasized that “companies can resort to the competent courts, based on the legal principle that contracts are binding on the contracting parties.”

For his part, energy expert Ahmed Sabah said that “converting company dues from dollars to dinars may lead to the gradual exclusion of some foreign companies, while focusing on companies that accept dinar transactions.” He explained that “many Western companies rely on external supply chains that require payment in dollars to secure equipment and services.”

He added that “this measure is not sustainable in the long term, especially given that the current government is a caretaker government, which reduces the chances of implementing decisions with long-term strategic impact.” He predicted that “major foreign companies will refrain from expanding or entering into new contracts if this mechanism continues,” considering that “the decision may be temporary and subject to change if negative effects emerge on the investment climate or the pace of work in the fields.”

Strengthening the Dinar or Market Losses?For his part, economist Dirgham Muhammad Ali believes that “attempts to curb the parallel dollar market have prompted the Central Bank to take measures to bolster confidence in the dinar,” but he noted that these measures “were not fair given the continued gap between the official and parallel exchange rates.” He emphasized that “the policy of forced currency conversion causes losses for traders and deprives the market of a vital channel for the legitimate injection of dollars,” calling for “either the adoption of a fair exchange rate or the creation of a different mechanism for dealing with foreign companies.”Economic circles warn that the collapse of subcontracted oil companies working with international and local firms will disrupt maintenance, logistics, and equipment operations in oil fields, threatening production stability—in addition to the loss of tens of thousands of jobs, given these companies’ reliance on Iraqi labor. This could also weaken supply chains and increase operating costs, prompting some foreign companies to scale back their operations or refrain from new projects, which would negatively impact the oil investment environment and the role of the local private sector.

FRANK26: ….4-18-26……NEW ADDRESS