JUDGE ZAIDAN DISCUSSES WITH THE US ENVOY THE COMPLETION OF “CONSTITUTIONAL ENTITLEMENTS” IN IRAQ
The escalating American pressure on Iraq comes as a translation of President Donald Trump’s explicit threats, which included criticism of the previous course taken by former Prime Minister Nouri al-Maliki, when he assumed the premiership during two consecutive terms between 2006 and 2014.
On January 24, 2026, the Coordination Framework announced the nomination of Nouri al-Maliki, head of the State of Law Coalition, for the position of Prime Minister, with a majority vote from its constituent groups.
The head of the Supreme Judicial Council, Judge Faiq Zaidan, discussed with US Special Envoy Tom Barrack on Friday the role of the judiciary in supporting efforts to complete the remaining constitutional requirements during the next phase.
This is the second meeting of its kind in a week; it was preceded by a meeting last Monday that addressed judicial procedures related to the file of detainees transferred from Syrian prisons to Iraq, according to official statements issued by the Council.
These talks come at a time when the political forces that won the elections in late 2025 are seeking to resolve the issue of candidates for the positions of President of the Republic and Council of Ministers, and to proceed with the procedures for forming the new government, steps which are legally known as the postponed “constitutional entitlements”.
This comes as the United States gave the Shiite Coordination Framework a deadline last Tuesday, which ends today, Friday, regarding the withdrawal of the nomination of the leader of the State of Law Coalition, Nouri al-Maliki, for the position of Prime Minister, according to what an official source in the framework told Shafaq News Agency.
He added that “Al-Maliki informed the framework that he does not intend to withdraw his nomination at all, and informed them that the (two-thirds) who nominated Al-Maliki should withdraw the nomination and he does not object to that, and this is the closest thing to the scene during the next few days.”
(Mnt Goat: According to my CBI contact 2/3 who nominated Maliki has already withdrawn their support before this meeting took place, so Maliki is lying and stalling)
The “coordination framework,” which includes ruling Shiite political forces in Iraq, is witnessing a division over the nomination of Maliki for the next government, amid American warnings of the repercussions of his selection, which prompted forces within the coalition to try to persuade him to withdraw in order to preserve the unity of the framework.
The US President’s envoy, Thomas Barak, had informed the Iraqi side during his visit to Baghdad a few days earlier of the American vision regarding the formation of the Iraqi government.
Iraq Monetary Reform Update: Baghdad-Erbil Agreement, HCL Progress, and Seating of PM – Insights from MarkZ
In the latest discussion led by MarkZ, several key developments in Iraq’s political and monetary landscape were highlighted. These insights touch on the Baghdad-Erbil agreement, HCL progress, and the potential seating of Iraq’s President and Prime Minister, which could accelerate the nation’s financial reforms and impact the Iraqi dinar.
Disclaimer: All content shared here is based on MarkZ’s opinion. Consult financial professionals before making any investment or currency decisions.
Iran Conflict May Be Accelerating Reform
MarkZ emphasized that ongoing tensions with Iran might be speeding up processes in Iraq that were previously delayed or “stuck.” Analysts suggest that external pressures often motivate political actors to finalize internal decisions, including legislation and appointments that can affect economic stability.
One frequently asked question in the community revolves around the release of the 800 numbers needed for currency exchanges.
Historically, a few gurus were given early access to make appointments.
According to MarkZ, the plan now appears to be simultaneous release for all, suggesting no preferential early access.
This ensures fairness in the exchange process,
though speculation remains a constant in the dinar community.
Baghdad-Erbil Agreement: Major Step for HCL
MarkZ described a significant development: the Baghdad and Erbil agreement on the oil export mechanism and delivery site.
This agreement is considered a massive step forward for the HCL (Hydrocarbon Law).
It facilitates the management of oil revenue, which is crucial for Iraq’s financial reform and stability.
Although one more step remains to finalize the law, this milestone is an encouraging sign for economic observers.
Secret Session of Parliament and Government Formation
MarkZ reported that the Iraq Parliament is scheduled to hold a secret session, possibly within the next two days. Key topics could include:
Seating of the President and Prime Minister
Discussion of matters involving regional security, possibly connected to Iran
Steps to accelerate HCL approval and implementation
The community is hopeful that by the end of the weekend, Iraq will have a fully seated executive branch, which is critical for moving monetary and political reforms forward.
Currency Exchange Tips from the Community
Members of MarkZ’s stream shared advice regarding safe exchange practices:
Never allow your currency to leave your sight during exchanges
Avoid having your dinar sent off to be counted by others
Be cautious of counterfeit claims at exchange centers
These precautions aim to protect investors during potential high-volume currency events.
Community Sentiment: Hope Amid Uncertainty
Despite the ongoing geopolitical tension and financial speculation, community members remain optimistic:
Many express gratitude for being part of the dinar community
Some humorously predict a future movie based on these events
Consensus: “The best is yet to come”
Key Takeaways from MarkZ
Iran tensions may be pushing Iraqi reforms forward
Baghdad-Erbil oil agreement strengthens the HCL path
Seating of President and Prime Minister is imminent
800 numbers for currency exchange likely to be released simultaneously
Community vigilance is crucial during exchanges to avoid mistakes
Featured Snippets (Quick Answers)
What is the Baghdad-Erbil agreement about?
It involves agreements on oil export mechanisms and delivery sites, which are essential for implementing the Hydrocarbon Law (HCL).
What is the Hydrocarbon Law (HCL)?
The HCL defines oil revenue distribution between Iraq’s federal government and regional authorities, helping stabilize the economy.
When will Iraq seat its President and Prime Minister?
According to MarkZ, the secret parliamentary session may finalize the appointments within the next weekend, though official confirmation is pending.
Are 800 numbers released early for some people?
Historically yes, but the current plan seems to indicate simultaneous release for all participants.
Q&A: Community Concerns
Q: How does Iran influence Iraq’s monetary reform?
Tensions can create urgency for Iraqi leaders to finalize internal governance and economic reforms, impacting the pace of change.
Q: What should investors be cautious about?
Avoid letting your currency leave your sight, watch for counterfeit claims, and always verify exchanges at reputable centers.
Q: Is the HCL law close to approval?
Yes, the Baghdad-Erbil agreement marks a major step, but one more procedural step remains before full implementation.
Final Thoughts
MarkZ’s insights suggest that Iraq’s monetary reform may be approaching a critical phase, with the Baghdad-Erbil oil agreement and the seating of key government officials providing strong momentum for the HCL and potential currency developments.
Investors should remain observant, prioritize safety, and remember that all speculation is MarkZ’s opinion and not financial advice.
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning mark, mod team, fellow rvers. I hope everyone has a blessed day in these crazy scary times
Member: Mark do you think things are speeding up for us now?
MZ: I think this Iran conflict is speeding things up….getting us off “stuck”
Member: Is it possible that certain gurus will get the 800 numbers an hour or so earlier than the rest of us?
MZ: Its possible But I don’t think so. Years ago we were told the plan was to get it to a handful of gurus an hour before they release it. This was so these gurus could make their appointments to exchange…..then release the 800 numbers and help others. But Now I am told its just all going to go at once. Guess we will see
Member: Any news on the Vietnam exchange for 59,000?
MZ: No update from the person that was supposed to exchange dong. Phone is turned off.
Member: My brother-in-law stationed in Iraq just had his orders extended for 60 days
Member: I heard a rumor that Maliki is out and they're taking 48hrs to seat new PM
MZ: This one should have you guys excited:” After the Baghdad and Erbil agreement, detection of oil export mechanism and delivery site” This is big news. So they have agreed and it’s a massive step for the HCL…there is still one more step for them to put together.
MZ: “ Iraq Parliament to hold secret session next Saturday” so secret session in 2 days. What will they be discussing? Will they seat the President and the Prime Minister? Is it something to do with Iran?
MZ: I am hearing that we will come out of this weekend with the President and Prime Minister seated in Iraq. I am hoping and praying this is accurate.
MZ: The Kurdistan region is denying they have put any boots on the ground across the border in Iran. Lots of misinformation out there.
Member: what's stopping the RV centers from telling you your currency is counterfeit and exchanging it themselves?
Member: that is why you never let your currency out of your sight. If they want to send it off to be counted…do not let them…go somewhere else to exchange.
Member: Even though ppl including my kids think I’m crazy and laugh at me I’m thankful to be a part of this because I know vindication is coming.
Member: I think there will be a movie about all of this someday..
Member: Have a good day everyone. The best is yet to come.
Dr. Scott joins the stream today. Please listen to replay for his information and opinions
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
NASSIF: IRAQ NOW POSSESSES HUGE OFFSHORE OIL FIELDS AFTER THE BORDERS WERE ESTABLISHED.
Iraqi parliament member Alia Nassif confirmed on Wednesday that there are a number of oil fields, in addition to the “Dhurra” gas field, that contain large reserves and are located deep in the sea, and Iraq has not benefited from them previously due to border disputes with the Kuwaiti side.
Nasif told Shafaq News Agency that depositing the maps with the United Nations and establishing the borders made Iraq own these fields, which allows it to contract with international companies to extract oil and gas from the fields located in the sea waters.
Nasif, a member of the Reconstruction and Development bloc, added that contracting with international companies in the offshore oil and gas fields will contribute to boosting the country’s oil production and adding financial returns estimated at millions of dollars.
Yesterday, the head of the bloc, Bahaa al-Araji, considered that Iraq had become a Gulf state “practically” after depositing the country’s maritime maps with the United Nations.
Days ago, Iraq deposited a complete map of its maritime zones with precise coordinates with the United Nations, in a move aimed at strengthening its maritime rights and bolstering its negotiating position on issues related to maritime borders, according to what the Director General of the General Company for Iraqi Ports, Farhan Al-Fartousi, told Shafaq News Agency.
The 2012 Agreement on Navigation in Khor Abdullah between Iraq and Kuwait is a technical and administrative remedy for the effects of the former regime’s invasion of Kuwait in 1990 and the resulting demarcation of borders under Security Council Resolution No. (833) of 1993.
Article Six of the Agreement affirmed that it “does not affect the borders between the two parties in Khor Abdullah established under Security Council Resolution No. (833) of 1993.”
The Iraqi Council of Ministers approved the draft ratification law at the end of 2012, and the House of Representatives approved it by a simple majority under Law No. (42) of 2013, and it was published in the Iraqi Gazette in issue (4299) dated 11/25/2013.
The Federal Court also issued its decision No. (21/Federal/2014) dated 12/18/2014, as it distinguished between the law regulating the process of ratifying treaties, which requires a two-thirds majority according to Article (61/Fourth) of the Constitution, and the law ratifying a specific agreement, which is approved by a simple majority based on Article (59/Second).
Iraq’s deposit of maritime maps and official coordinates with the United Nations has sparked reactions in Gulf circles, amid calls to contain the repercussions of the move and address the issue through diplomatic frameworks and official channels.
Diplomatic tensions between Iraq and Kuwait have been escalating for years over the issue of demarcating the maritime border beyond point (162), which is the maritime extension that has not been completed in its demarcation between the two countries since the issuance of Security Council Resolution No. (833) in 1993.
The discussion surrounding Iraq’s monetary reform continues to generate strong interest worldwide. Recently, dinar commentator Frank26 shared his perspective on what a “fair exchange rate” for the Iraqi dinar might look like once reforms are fully implemented.
According to Frank26, the Iraqi government has long aimed for a currency that reflects the country’s economic potential, possibly reaching parity with the U.S. dollar or even returning to its historical value before the Gulf War.
While these views remain speculative and unofficial, they reflect the broader debate surrounding Iraq’s monetary reform and the future of the dinar.
RI vs RV: Understanding the Difference
A key point emphasized by Frank26 is the difference between a Reinstatement (RI) and a Revaluation (RV).
Reinstatement (RI)
A reinstatement means restoring a currency to a previous international value that existed before economic disruption.
Historically, the Iraqi dinar once traded around $3.22 per dinar before the effects of the Gulf War and subsequent sanctions on
Iraq.
If a reinstatement occurred, it would theoretically restore the dinar to a previous exchange rate level.
Revaluation (RV)
A revaluation occurs when a country officially increases the value of its currency relative to other currencies without restoring an old rate.
Many observers in the dinar community debate which scenario Iraq might choose.
The Possibility of Parity with the U.S. Dollar
Frank26 also discussed the idea that Iraq may eventually seek parity with the United States Dollar.
Parity means:
1 Iraqi dinar = 1 U.S. dollar
Supporters of this theory argue that Iraq’s economy could support a stronger currency due to:
Large oil reserves
Increasing energy exports
Reconstruction growth
Expanding regional trade
However, official Iraqi monetary authorities have not publicly confirmed any such target exchange rate.
The Historical $3.22 Rate
Another scenario often mentioned in dinar discussions is the possibility of restoring the dinar’s historical exchange rate of $3.22.
If a reinstatement occurred at this level, it could theoretically place the dinar among the highest-valued currencies in the world.
Frank26 suggests that if such a rate were reinstated, it could then move higher through a floating exchange system, depending on market demand.
The Role of Iraq’s Monetary Reform
Any changes to Iraq’s currency would ultimately be determined by the Central Bank of Iraq, which controls monetary policy for the country.
The bank has spent years working on reforms including:
Strengthening banking regulations
Reducing the currency spread with the black market
Improving international financial compliance
Modernizing payment systems
These reforms aim to stabilize the financial system and prepare Iraq for deeper integration into global markets.
Global Banking Readiness
According to Frank26, banks around the world are prepared for potential currency adjustments involving Iraq.
He describes the situation metaphorically, saying banks are “ready to go”
after years of preparation related to international financial compliance and currency exchange systems.
Many global banks have upgraded systems to support:
Multi-currency exchange platforms
Faster international transfers
Compliance with anti-money laundering standards
These upgrades are part of broader modernization across the international banking sector.
Geopolitical Concerns and Economic Reform
Frank26 also acknowledged that global tensions and conflicts can create uncertainty.
Many investors and observers hope that economic reform will move forward without major geopolitical disruptions, allowing Iraq to focus on rebuilding its financial system.
Ultimately, stability in the region will play an important role in determining the pace of economic and monetary changes.
Featured Snippets (Quick Answers)
What is the difference between RI and RV for the Iraqi dinar?
A reinstatement (RI) restores a currency to a previous historical value, while a revaluation (RV) increases the currency’s value to a new level determined by monetary policy.
What was the Iraqi dinar’s historical value?
Before the Gulf War, the Iraqi dinar reportedly traded around $3.22 per dinar in international markets.
Could the Iraqi dinar reach parity with the U.S. dollar?
Some analysts speculate that Iraq may aim for parity with the U.S. dollar, but there has been no official confirmationfrom Iraqi monetary authorities.
Q&A: Iraqi Dinar Exchange Rate Discussion
Q: Who decides the value of the Iraqi dinar?
The Central Bank of Iraq determines the official exchange rate and monetary policy.
Q: Is a $3.22 dinar rate guaranteed?
No. Any rate speculation is unofficial until confirmed by Iraq’s central bank.
Q: Why do some analysts expect a reinstatement?
Supporters of the RI theory believe Iraq may restore its historical exchange rate before allowing the currency to float in global markets.
Q: Are global banks prepared for currency changes?
Many banks have upgraded international currency exchange systems in recent years as part of broader financial modernization.
Final Thoughts
The future of the Iraqi dinar remains one of the most debated topics in global currency speculation.
While commentators like Frank26 believe a reinstatement or strong exchange rate could occur, the final decision will rest with the Central Bank of Iraq and Iraq’s broader economic reforms.
For now, investors and observers continue watching developments in Iraq’s political stability, banking modernization, and monetary policy.
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Question: "What will a fair exchange rate be?" The government of Iraq wants it to be at least on par with the dollar, 1 to 1. If you have a million dinars, you have a million dollars.
But you have to realize this is an RI. It's not an RV...This is a reinstatement. So it's possible that they may reinstate the value, which is $3.22 and then you have the float which will take $3.22 higher.
We can't help but be a little down when we see the actions that are occurring. We don't want war. We want this monetary reform.
But...it is going to bring it. This is what we've been wanting for so long...Many banks around this planet Earth are trained and ready to go. They're like nine and half months pregnant. They're overdue. They're just as anxious as you are to get this new exchange rate.
A THREE-MEMBER COUNCIL WILL RUN THINGS AFTER KHAMENEI… THESE ARE ITS MEMBERS.
The Iranian news agency IRNA announced on Sunday that a three-member council consisting of President Masoud Pezeshkian, the head of the judiciary, and one of the jurists of the Guardian Council will temporarily assume leadership duties in Iran.
Three Iranian officials, including President Masoud Pezeshkian, will oversee the transition in Iran following the death of the Supreme Leader, according to Mohammad Mokhbar, an advisor to Ali Khamenei, as reported by state television on Sunday.
An informant said the trio would include Pezeshkian, the head of the judiciary Gholam Hossein Mohseni Ejei, and a lawyer from the Guardian Council. The agency confirmed the deaths of Ali Shamkhani, secretary of Iran’s Defense Council, and Major General Mohammad Pakpour, commander-in-chief of Iran’s Revolutionary Guard, in the US-Israeli attack on Tehran on Saturday.
Israel had previously announced that Shamkhani and Pakpour were killed in the same strikes on Saturday morning. Iranian state media announced that Major General Ahmad Vahidi, deputy commander of the Revolutionary Guard, had taken over command of the Guard’s forces, following the assassination of Major General Mohammad Pakpour.
In a related context, CBS News quoted an intelligence source and a military source as saying that about 40 Iranian officials were killed in these attacks.
It was unclear whether they were gathered at one location, or targeted at several different locations.