BRICS Summit kicks off in Rio de Janeiro
2025-07-06 00:13
Shafaq News – Follow-up
The 17th BRICS summit will kick off on Sunday in Rio de Janeiro, Brazil, with the participation of leaders from emerging economic powers to discuss prospects for international cooperation and formulate a vision that reflects the aspirations Read more…
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Iraqi Dinar Guru opinions 7-5-2025
7-5-2025 President Guru Trump It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam…It will be a Great Deal of Cooperation between our two Countries. The Terms are that Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping. In return, Vietnam will…give the United States of America TOTAL ACCESS to their Markets for Trade. In other words, they will “OPEN THEIR MARKET TO THE UNITED STATES,” meaning that, we will be able to sell our product into Vietnam at ZERO Tariff…Dealing with General Secretary To Lam, which I did personally, was an absolute pleasure. Thank you for your attention to this matter! Read more…
British newspaper: Iraq has enormous energy potential, but policies have prevented its exploitation.
7-5-2025
Decades of unrest have led to the neglect of Iraq’s vast energy potential, but renewed investment and strategic reforms could transform it into a major player in the region, according to a report published by the British newspaper Petroleum Economist on Saturday. Despite
being a founding member of OPEC, Iraq is the world’s largest untapped major hydrocarbon resource, Read more…
Expert: Iraq has lost 60% of its water levels due to Turkish dams.
7-5-2025
Information/Baghdad..
Water policy and climate security specialist Sameh Al-Maqdadi confirmed that the Tigris and Euphrates rivers have lost approximately 60% of their water flow due to dams constructed by Turkey. He noted that Iraq currently receives approximately 500 cubic meters per second, compared to its previous share Read more…
Parliamentary Finance Committee: The government is responsible for the delay in submitting budget schedules.
7-5-2025
Information/Baghdad..
The Parliamentary Finance Committee on Saturday held the federal government responsible for the delay in submitting the 2025 budget schedules to Parliament, stressing the government’s lack of seriousness in completing the budget and Read more…
Al-Marsoumi: Iraq’s oil production to increase by 48,000 barrels next month.
7-5-2025
Information / Baghdad..
Economist Nabil Al-Marsoumi revealed today that the OPEC+ alliance has decided to increase its oil production by 548,000 barrels per day in August, the largest increase in several months, amid efforts to Read more…
Al-Hassan from Karbala: Iraq is not a poor country and is open to foreign investment.
2025-07-05 03:35
Shafaq News – Karbala
The Special Representative of the Secretary-General for Iraq, Mohammed Al-Hassan, praised Iraq’s policy of disassociation from recent conflicts in the region on Saturday, stressing that the country is now open to foreign investment to improve its economic situation.
“What I witnessed in Karbala today is a vivid picture of a united Iraq, Read more…
Central Bank: The use of international cards continues inside and outside Iraq without change.
2025-07-05
The Central Bank of Iraq issued a clarification Friday (July 4, 2025), regarding the use of international cards, confirming their continued use inside and outside Iraq without change.
The bank stated in a statement that “the National Electronic Payment Card Project is an additional local option used exclusively within Iraq and in Iraqi dinars. Read more…
Iraqi Dinar Guru opinions 7-4-2025
7-4-2025 Newshound/Intel Guru Mnt Goat Ali Al-Alaq knows what he is doing and is setting up the Iraqi monetary system for a major revaluation… decreasing the money supply speaks RV all over it…yes, it is now shaking out in the news. Article: “THE FINANCIAL INCLUSION RATE IN IRAQ EXCEEDED 46%” …Why would they need to have the citizens and merchants on the digital transactions with the banks? Less cash is better! This is what “financial Inclusion” means. I am being told by my CBI contact that the CBI is looking for at least 50% of the citizens with bank accounts and in the system. Read more…
Politician: The current session of Parliament is the weakest in 22 years and has not interrogated a single corrupt person.
7-4-2025
Information/Anbar..
Political expert Mohammed Dhari al-Dulaimi described the current parliamentary session on Friday as the weakest and most unsuccessful in more than two decades, holding the parliament’s leadership responsible for its complicity in ignoring corruption cases and its failure Read more…
Syria: Ready to return to the 1974 agreement with Israel
2025-07-04 06:47
Shafaq News – Damascus
The Syrian Foreign Ministry revealed on Friday that Damascus is ready to cooperate with the United States and return to the 1974 disengagement agreement with Israel.
The ministry said in a statement published Read more…
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After al-Sadr, al-Abadi’s coalition calls for reforming the electoral system and preventing corrupt individuals from participating.
2025-07-04 02:52
Shafaq News – Baghdad/Erbil
The Victory Coalition, led by former Prime Minister Haider al-Abadi, called on Friday for reforming the electoral system and barring “corrupt individuals” from participating. The goal is to expand the voting pool in the November elections and “strengthen” Read more…
The Central Bank of Iraq clarifies the “National” payment card and its scope of use.
2025-07-04 05:42
Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Friday that the national electronic payment card project does not eliminate the use of international cards such as Visa and MasterCard, explaining that the project aims to enhance financial inclusion and diversify options for citizens.
The bank said in a statement received by Shafaq News Agency, “The National Electronic Payment Card Project is an additional local option used exclusively within Iraq in Iraqi dinars, Read more…
Iraqi Dinar Guru opinions 7-3-2025
7-3-2025 Intel Guru Frank26 Inside two weeks ago Vietnam told Donald Trump, ‘Sir, we want to talk to you about the exchange rate of our currency.’ That’s kind of direct…to the point. That’s kind of exciting because that’s what’s happening with the Iraqi dinar and that’s what he’s doing apparently with a lot of currencies…This caught me…my teams…a little bit off guard. No, I don’t believe in a GCR. But if you ask me, ‘Do you believe in a partial GCR?’ I got to. Trump is hypnotizing people/countries…He’s the greatest influencer there is…Something is going on with a lot of currencies IMO. Read more…
America is tightening Iraq’s financial grip with the SWIFT system.
7-3-2025
Al-Maalouma/Exclusive..
Economic expert, Faleh Al-Zubaidi, confirmed today, Thursday, that the United States of America is using the global financial transfer system “SWIFT” as a tool for political and economic blackmail, exploiting its dominance over the international financial system to Read more…
Chaos and Sole Control… Who is behind the National Bank’s monopoly on foreign remittances?
2025-07-03 | 04:33
Alsumaria News- Economist:
The banking sector is witnessing…Iraq Recently, there has been an escalation in popular discontent and political controversy following the bank’s dominance. Al-Ahly Iraq’s monopoly on remittances from abroad has led to the exclusion of a number of local banks from this vital issue, causing real crises for citizens and raising widespread questions Read more…
Al-Maliki: Iraq has achieved self-sufficiency in wheat and exports 11 agricultural products abroad.
7-3-2025
Al-Maalouma/Baghdad…
Minister of Agriculture Abbas Jabr al-Maliki revealed that Iraq has achieved remarkable progress in the agricultural sector, noting that the country has achieved self-sufficiency in wheat, which has contributed to increasing the number of mills and providing hard currency.
Al-Maliki said in a televised interview Read more…
Parliament awaits a decision from the Federal Supreme Council to nullify the Khor Abdullah Agreement and restore water to its normal course.
7-3-2025
Information/Baghdad…
The House of Representatives is awaiting a decision and ruling from the Federal Court to return the Khor Abdullah Agreement to the House for confirmation and a vote on its invalidity. Although there are indications that the will of the government and the presidency to proceed with the agreement and hand over Khor Abdullah Read more…
MP warns of continued liquidity shortage: The US Federal Reserve is exacerbating the crisis in Iraq.
7-3-2025
Information/Baghdad…
Member of Parliament Firas Al-Maslamawi called on the government and the Ministry of Finance on Thursday to intensify efforts and pressure the US Federal Reserve, where Iraq’s oil sales funds are deposited, to increase hard currency flows. He also stressed the need for urgent measures to address Read more…
Al-Fatlawi: Iraq’s water reserves have fallen to their lowest levels in 80 years.
7-3-2025
Information/Baghdad:
MP Zuhair al-Fatlawi warned on Thursday of a stifling crisis threatening water security in Iraq, stressing that strategic water reserves have declined to an unprecedented level during the current season.
Al-Fatlawi told Al-Maalouma, “The strategic water reserve has decreased to approximately 9 billion cubic meters, while it was expected to reach 18 billion cubic Read more…