11-12-2026 Newshound Guru Thom Article quote “US envoy Tom Barrack says Iraq holds the ‘magic key’ to resolving regional crises and facilitating dialogue with Iran. He adds that Washington encourages Baghdad to expand trade with its neighbors and supports Iraq’s unity, stability and rule” Iraq is the key to stability in the region.
11-12-2026 Newshound Guru Clare Article “The dollar surpasses 169,000… Traders appeal to the Central Bank to resolve the SWIFT transfer delay crisis that has persisted for 20 days” Quote “the merchants said that some foreign transfers (SWIFTs) have been pending for more than 20 days without being realized or completed by the banks…indicating that this delay has forced the merchants to resort to buying dollars from foreign markets to cover their obligations.”Could not load reactions: NetworkError when attempting to fetch resource.
11-12-2026 Newshound Guru Sandy Ingram Iraq is trying to stabilize its economy and its currency. The real question is whether these economic measures will eventually allow Iraq to rebuild confidence in its currency… Confidence is everything. Confidence is what has Bitcoin at $68,000 to 1 USD or whatever it is today. Confidence is what has made that happen. People have become millionaires from Bitcoin because of confidence. Do not ever underestimate the word confidence in the currency.Could not load reactions: NetworkError when attempting to fetch resource.
11-12-2026 Newshound Guru Stephen A lot of people don’t really understand why the HCL is correlated to an increase in the exchange rate…It is a well-known fact this law is the catalyst for a revaluation. If the HCL gets passed…and we have proof it is in the budget, that’s…exciting. That tell me we are very very close…Iraq’s constitution states Oil and Gas belong to all Iraqi people…But the legal framework governing those resources has remained contested…US envoy Tom Barack and Kurdistan Prime Minister Mosrour Barzani welcomed progress on…finalizing an oil and gas agreement…They are in the final stages of getting this thing done and this is the reason why the budget is going back and forth right now. This is a big big deal.Could not load reactions: NetworkError when attempting to fetch resource.
11-12-2026 Intel Guru Frank26 The HCL does not necessarily trigger off the new exchange rate, but…they have to make a change to the exchange rate the moment the HCL is introduced in order to bring the purchasing power of the HCL…If not, the HCL is a joke.Could not load reactions: NetworkError when attempting to fetch resource.
11-12-2026 Intel Guru Reset Intelligence Iraq wrote its oil law in 2007, 6 Prime Ministers and 19 years later it is still never passed. Oil brings in about 90% of the Iraqi government’s money. The law is meant to settle who runs the fields, who sells the barrels, and whose account the dollars land in. Without it there is no fixed rule for splitting that money between Baghdad and Erbil so every year the two sides argue it out from scratch – How many barrels Erbil hands over and what share of the budget it gets back. Every budget waits on that argument and this year’s is already a month past its legal date. This week the law is back on the table…Could not load reactions: NetworkError when attempting to fetch resource.
11-12-2026 Intel Guru Bruce [via WiserNow] I have heard, and we’ve had some people agreeing with this that we will receive our notifications on Friday 13th, it will be a very lucky day for all of us…So I’m excited about that.Could not load reactions: NetworkError when attempting to fetch resource.
11-12-2026 Newshound Guru Ariel We are in the Home Stretch Now Folks… I think that Al-Zaidi’s crew is running a shadow ledger alongside the published budget numbers, and that shadow ledger is where the rate gets calculated in the 2027 draft they’ll hand Parliament on the 15th has been through four closed-door revisions in the past ten days. Where the financial committee, the CBI governor, and a quiet contact from the U.S. Treasury’s Office of Technical Assistance sat in a room in the Green Zone and most likely massaged the figures until the performance metrics spit out a 3.5 – to – 1 peg that the gold reserves can support without triggering a bank run.
