Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United Nations Secretary General for Iraq came out and told the Iraqi citizens…that Iraq has become a banking powerhouse domestically and internationally...His name is Al-Hassan…This statement was actually made in May a few weeks ago and it’s being made again. Why in the world would this guy tell the world, through the UN, that Iraq is a banking powerhouse? … FRANK: It sure is getting exciting isn’t it!
Walkingtick Once the HCL is written into law…then we can see for Sudani to sign this agreement and one of the three presidents.
Militia Man I really think everybody should be pretty excited with all the different things that we have. The laundry list is phenomenal, all the convergence is happening at the same time. The oil hasn’t flowed. The salaries haven’t been paid. The budget schedules haven’t been exposed from ’23, ’24, ’25 yet. But they’re talking about having meetings and signing document to do the oil and pay salaries…
Clare Article: “Washington announces its first sanctions on the Iraqi oil sector” Quote: “The US Treasury Department announced on Thursday that it had imposed sanctions on a network that smuggles Iranian oil under the guise of Iraqi law, confirming that the network is run by Iraqi businessman Salim Ahmed Saeed”
Pimpy Article: “Iraq’s Economy on Edge Due to High Oil Income Dependence” This is one of the reasons why we haven’t seen any increase in value of the Iraqi dinar…They rely too much on the oil sales to fund the budget. The problem with that is the cost per barrel fluctuates too much and it could cause Iraq to run a deficit on their budget.
Frank26 [Response to Guru Trump 7-5-2025 post below] While the [US/Vietnam trade agreement] doesn’t guarantee they’re going to change the rate for the Vietnamese dong…I can tell you this action is going to do [important] things…
Sandy Ingram This [trade] deal is big news for Vietnam. It demonstrates the country is emerging as a significant player in the global economy. It also means more jobs, factories and better technology could be on the way soon. The bottom line is Vietnam’s trade deal with Trump made investors happier, boosted business confidence, and gave the stock market a significant boost…This could signal an upward trend in the currency’s value.
Fnu Lnu Article: “The Central Bank of Iraq (CBI) has announced the successful transition of external transfers from an electronic platform to direct operations by Iraqi banks through their international correspondent banks.” Finally, we have some movement that directly actually applies to the furtherance of a monetary revaluation. This is the first real news in months now. Could they be back on track? Only time will tell. Remember that NO ONE has the date or rate.
Walkingstick The INOC (Iraqi National Oil Company) is now in full control of the oil in Iraq. Kurdistan has agreed to all of this…That’s is so important. There’s no problems…fighting…arguments… discussions…Sudani is in full control of the oil of Iraq. That’s it…Sudani wants the HCL for the citizens…for his reelection…
Militia Man Al Sudani and his team have brought together what they suggest in articles is the salaries and the oil flow through the Cyan port…Is it coincidence that we had a new Big Beautiful Bill in the United States? …I wouldn’t be surprised in the interconnectivity is going to be part of that because we’re talking about a lot of money on both ends.
Frank26 It’s fixed IMSO. I’m asking you to accept this. What’s fixed? The exchange rate of the Iraqi dinar. And if it is fixed then that means that which was causing it not to be fixed has been fixed. That sounds like I’m going in circles…but as this evolves, it’ll be put together…If we control the oil, we control the HCL, we control the exchange rate…It is fixed because it is digital and it is going in the right direction…
MarkZ [via PDK] …we are looking at a 7 day deadline for trade deals here in the US… Iraqi parliament is supposed to return to session on July 9th…and my contacts over there are very hopeful there will be a new rate around that same time.
Bruce [via WiserNow] …the big, beautiful bill went through and was passed 218 to 214 votes in the house, the final version of the bill…and that has everything in it that we need for us to get started. So it went through…So we’re on our way. We’re definitely on our way.
