Fnu Lnu 

Per United Nations rules, a country cannot walk away from its currency.  A 25,000 IQD note will have its zeros in tact. After the in-country IQD are all brought in […]

The IQD inside Iraq is allegedly in mattresses and Iraqis refuse to deposit it in the banks. Why would they? BUT…Here is how Iraq will work it out with no stress. The […]

You will be well advised to stay far away from Bank employees (Wealth Managers) who get paid by their banks to sell you uninformed investors, worthless paper investments, designed to […]

[Reply to Guru Steve’s 3-29-2026 bank fee post below] If you put your Dinar into a Depository, then you ask them for an SKR (Safe Keeping Receipt), you can then take that […]

Inside Iraq, hydrocarbon revenues are mostly collected at the federal level and then redistributed through the budget…A large share of oil and gas sales revenue goes into federal accounts before […]

It’s time to take off the rose colored glasses and see the real world. In my 14 years of involvement with the IQD, I have never seen so much wishful […]

[Reply to Guru Steve’s US Treasury 3-26-2026 post below]  The reason for the purchase of US Bonds from $23.4 billion to $40.8 billion is because they are going to institute […]

The assumption: Iraq’s oil revenues would eventually give Baghdad the financial muscle to dramatically revalue its currency upward. Today, that assumption is under more stress than ever…The Iraqi government may soon […]

\Nouri al-Maliki is still formally the Shia Coordination Framework’s nominee and insists he will not withdraw, but his path to actually becoming prime minister has weakened and is now highly uncertain due […]

If the US pulls out, the vacuum could leave Iran as the power center of the middle east and for certain, the GCC. There will be no war time revaluation. […]

Hormuz handles 21% of the world’s oil.  Oil prices are predicted to go to $150 – $200 per barrel…The damage has been done. It will take months to get back up […]

Approximately 3 million barrels of oil will go off line today.  Oil is now approximately $100 per barrel…Hormuz is now closed for all practical purposes. Oil tankers are now escorted by the […]

The middle east conflict with Iran, the US, and Israel is intense but at no point has it gotten out of hand. The Straight of Hormuz was threatened but never […]

[Response to Guru Bruce 3-3-2026 post below]   The HCL, or Hydrocarbon Law (also known as the Iraq Oil Law), is a key piece of Iraqi legislation aimed at regulating the management, […]

Nouri Al Maliki has stated that if his party asks him to step aside and chose another, he will abide by their decision. :Fnu Lnu 

Article: “Nouri Al-Maliki, head of the State of Law Coalition, has confirmed that he will not withdraw his candidacy for the post of Prime Minister”  Quote “On international relations, he […]

Article: “The Central Bank of Iraq (CBI) has announced updated lists of banks and companies prohibited from dealing in US dollars as part of its ongoing banking sector reform initiative… […]

Article Quote:  “Transparency International has said that Iraq has improved its ranking and score in the global Corruption Perceptions Index (CPI) for 2025. From a total of 182 countries, Iraq […]

Article: “T964 and Nokia have announced a partnership to modernize Iraq’s  telecommunications and digital infrastructure” The infrastructure to handle the digital, cross-border, payments function hasn’t been built yet and it is […]

Nuclear talks in Geneva Switzerland broke down in what was called “An Implosion”. The Iranians, though nowhere near ready to engage the world’s most superior military, are operating a bluff […]

Article:  “TRANSPORTATION : 87% OF THE RAILWAY LINE AND 73% OF THE HIGHWAY HAVE BEEN  ACHIEVED WITHIN THE DEVELOPMENT ROAD DESIGNS” The figures …refer to the design stage of Iraq’s […]

Article Quote: “Iraq’s Central Bank Governor Ali al-Alaq said there are no plans to change the dinar’s exchange rate, stressing that the bank’s foreign reserves remain strong and that recent market […]

[Response to Guru Jeff’s 1-9-2026 post below]  Each week there are no less than a dozen announcements of new start-ups, foreign investments, foreign contracts on infrastructure, and foreign accommodations for the tourist […]

Article:   “Iraqi Foreign Minister Fuad Hussein told Kurdistan24 that Mark Savaya is no longer serving as the United States’ special envoy to Iraq and that Tom Barrack is set to take over […]

Article:  “The CBI has officially reduced the currency count in Iraq by 5% in an effort to curb inflation and increase the value of the remaining currency”   More than likely, this […]