🔥🚨 MAJOR UPDATE: RV, DINAR, BANKING SYSTEM & MR. C INSIGHTS 🚨🔥
💰 RV (Revaluation)
A key contact is expecting payments soon, tied to a second transaction involving historical assets. Sources اشاره the RV as being imminent. While speculation continues, the event is not expected to be delayed beyond the fall, depending on geopolitical factors. The process includes system code activation, gold release, removal of financial derivatives, partial elimination of fiat usage, and full debt cancellation—leading into a new financial system.
🇮🇶 DINAR
Progress is being made in Iraq to complete government positions and resolve economic matters. Geopolitical developments, especially involving Iran, are expected to influence major financial system changes. The dinar is directly tied to this broader financial transition.
🏦 BANKS
A local bank is upgrading to faster, more secure, biometric-based systems. Staff acknowledge these systems but cannot discuss them publicly.
Internal testing and government-level preparations are ongoing for continuity scenarios. Expected changes include new regulations, separation of commercial and investment banking, lower interest rates, and stronger anti-corruption controls. Financial institutions are seeking liquidity through refinancing to prepare for the transition.
👤 MR. C Maintains a low profile due to communication interference. Has not received exact dates but remains patient and optimistic. Confirms pressure to connect with key figures, though conditions limit communication. Authorized codes will activate global financial processes, including debt cancellation and restructuring. Expresses personal fatigue but anticipation for the shift. States that asset release, debt cancellation, and a transition to an asset-backed system will follow. Will remain low-profile after the event due to security concerns.
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🛢️⚖️ Iraq Advances Toward Oil & Gas Law Agreement 🇮🇶
📌 Key Highlights
🤝 Initial understandings have been reached between political blocs and the Prime Minister of Iraq to move forward with the Oil and Gas Law.
🏛️ Political leaders are working to create the conditions needed to pass the long-awaited legislation.
🛢️ The law aims to regulate how Iraq’s oil wealth is managed and distributed.
⚖️ It defines the relationship between the federal government, regional authorities, and oil-producing provinces.
💰 The goal is to ensure fairness, rights protection, and equitable revenue sharing.
🗣️ Further negotiations are expected to refine the final version before parliamentary approval.
🗳️ Once agreed, the law will be presented to the Council of Representatives for a vote.
📊 Summary Insight
This development is considered significant because it could strengthen Iraq’s fiscal framework and improve political cooperation around one of its most important economic sectors.
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MP: INITIAL UNDERSTANDINGS REACHED BETWEEN POLITICAL BLOCS AND THE PRIME MINISTER TO PASS THE OIL AND GAS LAW
MP Adel Al-Mahalawi confirmed on Saturday that there are initial understandings between political blocs and the Prime Minister regarding proceeding with the passage of the oil and gas law in the coming period.
Al-Mahalawi told the Information Agency that there is political activity and initial understandings between political forces and the Prime Minister aimed at creating the necessary atmosphere for passing the oil and gas law, which is considered one of the important laws that has been long awaited.
He added that the law represents a fundamental step in regulating the management of oil wealth and defining the relationship between the federal government, the regions, and the oil-producing governorates in a way that guarantees the preservation of rights and achieves fairness in the distribution of revenues.
He indicated that the coming period may witness further dialogues and agreements between political parties to reach a final version that is acceptable to all concerned parties, in preparation for presenting the law to the Council of Representatives for a vote.
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Sandy Ingram Iraq cannot fully move forward economically if armed groups are operating both inside and outside the control of the government of Iraq...This is not new.
But what is new is a prime minister has been elected on the basis that he's going to bring the country together and unarm the Iraqi militants...
If Iraq can actually do it, if they can change the way investors look at the country, everything can change, including the currency rate of the IQD.
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🏛️🔐 Security and Economy in Iraq: The Key to the Future of the Dinar 💵🇮🇶
The message explains that the economic future of Iraq is closely tied to its internal stability, especially regarding security and territorial control.
When armed groups operate outside the control of the state, it creates political and economic uncertainty. This directly affects investor confidence, since it increases country risk and reduces the willingness of foreign investors to invest or expand operations in the country.
That is why the importance of political leadership focused on unifying the country and strengthening security institutions is emphasized. The goal is for the government to consolidate state control, reduce the influence of independent armed actors, and ensure stability across the entire territory.
If this process is successful, the international perception of Iraq could improve significantly. This could lead to increased foreign investment, stronger financial confidence, and a more stable economy.
The text also mentions that such improvements could impact the currency, the Iraqi dinar (IQD). However, this effect is not automatic: the currency also depends on factors such as monetary policy, oil revenues, inflation, and national reserves.
In summary, the core idea is that without security there is no sustainable economic development, but if stability improves, international confidence can reshape the country’s entire economic outlook.
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Unfortunately, I have bad news. There was a high-level meeting at the White House at 8 PM last night with an Iraqi delegation, after which Donald Trump halted the release for no apparent reason. I was told that “something happened.” The truth is, nothing happened. Donald Trump is simply being an idiot. The Iraqis were reportedly pleading with Trump to let it go through — he refused.
💼 I received confirmation from two high-level banking sources that this was supposed to activate at noon today (Reno time). That is no longer happening and has now been pushed to “next week.”
⏰ As late as 5 PM EDT yesterday, individuals at the highest levels of the U.S. government were telling bondholders and historic asset holders they would be paid today. That will NOT happen.
⚠️ At this point, everything is in Donald Trump’s hands, and he continues to use every excuse to prevent it from happening. Honestly, removal from office might be the only thing to push this forward. Maybe impeachment hearings would finally light a fire under him to press the button.
🌍 The only thing that could force this now is if Iraq or Vietnam bypasses the U.S. and revalues on their own. I hope they do — I encourage them to do so. This has dragged on for far too long.
🛑 Don’t waste your weekend stressing about this. Nothing is happening over the weekend.
📅 Jen and I will see you Monday with our best estimate of the updated timeline.
Lamentablemente, tengo malas noticias. Hubo una reunión de alto nivel en la Casa Blanca a las 8 PM anoche con una delegación iraquí, después de la cual Donald Trump detuvo la liberación sin razón aparente. Me dijeron que "algo sucedió". La verdad es que no sucedió nada. Donald Trump es simplemente un idiota. Los iraquíes estaban suplicando a Trump que lo dejara pasar. Él se negó.
Lo obtuve de dos fuentes bancarias de alto nivel que decía que se suponía que debía activarse al mediodía hoy en hora de Reno. Eso ya no está sucediendo y ha sido pospuesto a "la próxima semana". Personas en los niveles más altos del gobierno de EE. UU. estaban diciendo a tenedores de bonos y activos históricos tan tarde como a las 5 PM EDT anoche que iban a ser pagados hoy. No lo serán.
Todo esto está en manos de Donald Trump, y él usa cada excusa para evitar que suceda. En este punto, estaría bien si lo destituyeran. Quizás las audiencias de destitución encenderían un fuego bajo su trasero para finalmente presionar el botón.
La única cosa que puede forzar esto ahora es si Irak o Vietnam lo eluden y revalorizan por su cuenta. Espero que lo hagan. Los animo a que lo hagan. Esta tontería ha durado demasiado tiempo.
No pierdan su tiempo este fin de semana preocupándose por esto. No va a suceder durante el fin de semana. Jen y yo los veremos el lunes con nuestra mejor estimación del nuevo cronograma.
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Dr. Nabil Rahim Al-Abadi Having worked in various banks and having witnessed firsthand the daily operations of electronic payment channels, ATMs, and back-office banking systems, I can confidently say that the Central Bank of Iraq’s decision to issue licenses for fully digital banks is unlike any previous decision. This is not merely an administrative adjustment to the licensing landscape; it is a complete redefinition of the nature of banking in Iraq.
Throughout my career, I’ve progressed from traditional payment systems that relied on manual data entry in core banking systems, to the era of network connectivity and the widespread adoption of ATMs—a stage academically termed digitization, meaning the conversion of paper records to electronic format. Following this, we entered the digitalization phase when banks began linking their services, and customers transitioned from visiting branches to using mobile applications for money transfers or inquiries.
However, as every experienced banking operations manager knows, these two phases still retain the “branch mentality”—there’s always a manual back-end account, an auditing officer, and a branch that maintains the documentation.
What the central bank is doing now, under the umbrella of the reform plan implemented by Oliver Wyman, is moving the sector into its third, radical phase: true digital transformation. Here, we are no longer talking about a bank with branches offering electronic services, but rather a complete banking entity emerging without branches, without physical vaults, and without the paper archives that have burdened operations for years. This digital entity will become a direct replacement for the banks that will exit the market after the reform plan is implemented. And that is the crux of the matter.
Regarding the challenges, the biggest one isn’t technology, but rather the banking mindset. The most serious obstacle to implementing this project is attempting to manage the new digital bank with the mindset of a traditional branch manager. Digital banking requires staff who understand that banking products are designed based on the customer’s mobile journey, not on the branch’s location or interface. This explains why the training workshops target operations managers, payments managers, and branch managers simultaneously—because everyone needs to understand that their role will fundamentally change.
Granting a license to a digital bank is not merely a paperwork approval; it is a complex national project requiring meticulous management of its scope, a timeline that ensures a smooth transition for customers from withdrawing banks, and skillful management of reputational risks should the service be disrupted, even for a single hour, after launch. The Iraqi citizen, accustomed to receiving their salary from a branch employee, should not feel for a moment that their money is at risk when it suddenly shifts to an electronic application. This is where the role of financial literacy managers, whom you are targeting to fulfill this national duty, comes in.
In my estimation, the new digital bank that will obtain this license will not be merely a second choice, but will excel in several areas. It will offer smaller, faster lending products through artificial intelligence algorithms that learn from customer financial behavior instead of requiring guarantors and paper guarantees. It will also provide a mobile payment service that surpasses any existing traditional wallet, all with significantly lower operating costs. In conclusion, this step is an implicit acknowledgment by the Central Bank that the future of banking lies not in opening new branches, but in engineering purely digital financial systems. And, based on my experience within the banking and financial institutions, I affirm that the success of this new entity hinges on the extent to which our banking staff grasp the tools for managing digital transformation and project management.
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