intelligence

In 1991 the world wrote off the Kuwaiti dinar…When Iraqi forces invaded Kuwait in 1990 they looted the currency and the world wrote the Kuwaiti dinar off with the black market […]

A country holding its currency artificially low bought $40 billion in US debt.  Why?  Back in March 2026 US Treasury data showed Iraq nearly doubled its US bond holdings in a […]

For 23 years, every armed group in Iraq that answered to Tehran held the same justification: foreign soldiers on Iraqi soil. This week the foreign forces [United States] put their […]

The moment you deposit money into a bank it stops being your property.  You become an unsecured creditor.  When you deposit money at a bank you are making an insecure loan […]

On Wednesday, Iraq’s Prime Minister told the commander of US Central Command to his face that September 30 is “final and irreversible.” Hours later a US official confirmed the pullout […]

In late March 2026 Iraq’s central bank governor went on television and said he was not studying any change to the exchange rate…The phrasing nearly matched the script the bank […]

Before you tell me $83 billion [in Iraq’s Reserves] is not enough to back a reval, you need to understand the structure. Foreign IQD holders are not part of Iraq’s in-country […]

In Iraq the exchange rate is written into the budget law. The 1,300 rate sits in the 2023 law, no law since has replaced it, and the document that must […]

This week a United States senator Rand Paul walked into the most famous vault on earth [Fort Knox] and settled a half century argument “the gold is there.”  All 147 […]

In the US a currency windfall can be taxed at up to 40.8% as ordinary income…Foreign currency gains fall under section 988 of the Internal Revenue Code.  They are taxed as […]

On Sunday, Iraq’s Finance Minister sat down with the Central Bank Governor…The same day…state television kept repeating that the government is weighing removing the three zeros from the currency…The signals […]

70% of family fortunes are gone by the end of the second generation. Williams and Preisser studied 3,500 families to find out why. Trust and communication breaking down: 60%. Heirs nobody […]

Back in April, Washington blocked its cash shipments to Iraq to force Baghdad’s hand on the militias. This week the plane was reloaded with $500 million. Nobody freezes half a billion […]

A public who has spent weeks hearing the state cannot pay [their salaries] will greet the [rate] change as rescue, which it was designed to look like…The dinar moves last […]

Iraqi salaries running late is not news. What is news is Baghdad stopped excusing the delays and started explaining them, on the record, with numbers attached. The government confirmed a […]

Iraq’s smallest banknotes have vanished from the market stalls. Baghdad sent its top financial advisor on TV to explain why.  He is the same official who wrote the plan to replace them […]

Do Baghdad’s two empty [cabinet] chairs get filled first with the Iraqi militias disarming after or do the weapons go first and the cabinet forms behind them?  Gaza runs one […]

Baghdad keeps doing quiet, boring, specific things to its money that only make sense in one direction. :Reset Intelligence

The sequence we are watching, IMO, is not [cabinet] seats first.  It is the weapons question answered, then the chairs filled, then the Iraqi budget, then the rate…The order the Board […]

While corrupt militias still hold ground and threaten the region, no budget passes, no oil law moves, and the dinar stays pinned where it is. That is the real reason the […]

Mazhar Muhammad Salih, the Prime Minister’s financial advisor, went on camera about the missing 250 and 500 dinar notes. Paper wears out, he said. He also pointed out that Iraq, unlike […]

Washington is drawing a new map of the world’s money.  The IQD sits in the middle of that map and is still not priced anywhere near the value of whats […]

Tuesday night Baghdad’s prime minister stood in Ankara and sold Turkey a quarter of his country’s oil, a piece of the Kirkuk field and the trade road that runs around Iran.  […]

A country does not get to benefit from a stronger currency until one government, and one alone, holds the right to use force inside its borders. Next door in Lebanon, an […]

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 […]