intelligence

Non-oil revenue hit a record 16% of government income, up from under 5% before 2020. : Reset Intelligence 

An economic expert floated removing one zero from the dinar. No official has confirmed it…Removing a zero is a redenomination. It changes the face of the note, not what the […]

Iraq’s prime minister signed a rail line to carry trade into Iran, and in the same week let a US-led group begin engineering…the Kirkuk to Baniyas line out to the […]

A currency gets a new value the day the country behind it gets clean enough that the world will finally price it at its real weight.  That is the whole of […]

The rate is not the thing trapped behind the WTO. It waits on a budget parliament has to write and a cabinet it has to seat, and those are the […]

Why does [the Iraq dinar] sit at 1300 to the dollar?  Because 1300 was written into the 2023 budget law and frozen there.  It moves only when a seated cabinet […]

Connections do not open the redemption channel, documentation does.  A passport, original purchase receipts, ideally from a registered dealer, the wire confirmations showing the funds left your bank and a clean […]

We are closer to this than we have ever been…Most people have no idea it is coming. They did not read the filings or follow Iraq. They are working the shifts […]

Al-Zaidi runs a half-built cabinet. Parliament seated 14 of his 23 ministers back in May and stalled on the other 9, interior and defense among them…Until that cabinet is whole […]

The Iraqi dinar stays frozen at a program rate, far below what a country sitting on $16 trillion of oil and gas is worth. Take the outside hands off it [Iran], […]

You do not rebuild your whole financial system to keep a currency worthless. You do it to make the currency clear and globally recognized. But the door has a lock, […]

When the notes change the mattress stuffed money has to come out. You cannot exchange a lifetime of hoarding cash at a street stall, an old paper that never reaches a […]

Iraq does not publish announcements before an event and the central bank does not telegraph rate moves.  The last arrives the way the last move arrived, overnight…with the architecture quietly […]

Iraq’s prime minister is in Washington …He brought his entire economic cabinet and booked 5 days…The finance minister sits with the World Bank, the IMF and the US Treasury, working […]

The dinar trades at 1,300 to the dollar for one reason… That number is frozen in the 2023 budget law, and it moves only when a seated cabinet passes a […]

Iraq’s prime minister just flew to Washington…His central bank governor is on the plane. So are his finance minister and his oil minister. You do not fly the people who run […]

A currency cannot climb while a foreign power is quietly bleeding it.   The Iraqi dinar could not price at its real value for 20 years because too much of its […]

For years, Iraq’s central bank sold dollars at the official rate to anyone who could show paperwork for imported goods. Much of that paperwork was fake…The cheap official dollars flowed […]

The cleanup is how Iraq buys its way back through the door the banks shut on it. Clean the house, and the value follows.  Singapore ran this exact play. Lee Kuan […]

For 20 years, Iran held a quiet claim on Iraq – not troops, but access: a friendly face in a ministry, a courier across the border, a bank that moved […]

On July 10, 3 days out, the ASYCUDA customs system goes mandatory at every border and the paper trail dies. Egypt closed its own currency gap the same way in […]

In 2025 the prime minister’s financial advisor placed Iraq’s untapped mineral and energy wealth at $16 trillion ranking the country 9th globally for natural resource wealth…Oil reserves 5th largest in the […]

Basra Oil Company signed Halliburton to a 5-year deal on the Bin Omar and Sindbad fields, targeting up to 250,000 more barrels a day and handing upstream work to American hands […]

Iraq’s central bank formally joined the anti-corruption campaign…between the bank and the prosecutors. The governor ran the bank’s anti-money-laundering office before taking the chair, and that office holds the file on every suspicious […]

On March 6, 1933 every bank in the United States went dark.  Franklin Roosevelt had been president for two days.  Americans had spent three years pulling savings out of banks […]

A currency earns trust by demonstration and demonstrations need witnesses, public trials, a published theft number, seize tally numbers updated daily, a bank that hunts the smugglers instead of processing […]

Parliament votes on the final 9 ministers Sunday July 5, interior and defense included, with Kurdish support consolidated by a fresh PUK alliance. The White House has confirmed it will host the […]

Bank in 1991 Kuwaits’ economy was wrecked, oil fields on fire, infrastructure ruined yet the Kuwaiti dinar moved from about 30 cents to roughly $3.47 during the conflict while the country […]

You do not jail your own parliament, count the cash on a public ledger, and fly to the White House in the same fortnight by accident.  Every thread points at […]

Iraqi-press channels report the Coordination Framework, the Iran-aligned bloc…privately asked Prime Minister al-Zaidi to halt the arrests and settle the cases for cash. The arrests continued, the judiciary refused the […]