Mazhar Saleh: Iraq’s foreign reserves provide exceptional stability for the national currency.
2025/08/22
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that the Central Bank of Iraq enjoys substantial foreign reserves that represent the primary backing for the national currency. These reserves are managed within a diversified foreign currency investment portfolio in accordance Read more…
New currency in Syria
2025-08-22 | 04:25
Alsumaria News- International
Intends Syria It issued new banknotes and removed two zeros from its currency in an attempt to restore confidence in the lira, which had fallen sharply in value, according to Reuters.
The move aims to bolster the Syrian pound Read more…
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The Trump administration intends to vet the files of 55 million foreigners in the United States.
2025-08-22 01:55
Shafaq News – Washington
The Trump administration intends to scrutinize the legal visas of the 55 million foreign nationals residing in the United States to determine whether they have committed violations or pose a security threat.
According to the Washington Post, this represents a significant expansion Read more…
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The Iraqi Presidency, UNAMI, and the US Embassy condemn the events in Sulaymaniyah.
2025-08-22 05:26
Shafaq News – Baghdad
The Iraqi Presidency, UNAMI, and the US Embassy condemned the bloody events in Sulaymaniyah on Friday, expressing their regret for the deaths and injuries sustained during the clashes.
The Presidency of the Republic said in a statement Read more…
Iraqi Dinar Guru opinions 8-21-2025
8-21-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy’s friend [an economic advisor for years] says…The three zeros will not come off the currency…the three zeros is coming off the rate. FRANk: They’re giving you the definition of the explanation so you don’t have to be fearful. It’s not coming off of the currency. It’s coming off the exchange rate…I’ve known all along it won’t be a lop. Read more…
Al-Sudani directs the formation of a national team to improve credit ratings.
08/21/2025
Prime Minister Mohammed Shia al-Sudani directed the formation of a joint national team on Wednesday to develop a comprehensive strategy to improve Iraq’s sovereign credit rating.
A statement from the Prime Minister’s media office, received by Al-Sabah newspaper on Wednesday, stated that in line with the government’s efforts to strengthen Iraq’s financial and economic standing internationally, Read more…
An expert warns against adjusting the dollar exchange rate and outlines a solution to address the decline in oil prices. Go RV!!
2025/08/21
Economic expert Salah Nouri confirmed on Wednesday that adjusting the dollar exchange rate falls within the purview of the Central Bank of Iraq, noting that this measure is a monetary policy tool aimed at achieving economic stability and Read more…
Between pleasing foreign powers and rejecting domestically, will al-Sudani succeed in securing a second term?
8-21-2025
Information/Report..
As Iraq’s elections approach, questions are escalating about Prime Minister Mohammed Shia al-Sudani’s ability to secure a second term. He faces accusations of seeking to please foreign powers—American, Turkish, and Kuwaiti—at the expense of domestic interests. This has sparked widespread Read more…
MP: Government silence on US withdrawal is suspicious and dangerous
8-21-2025
Information/Exclusive:
MP Mukhtar al-Moussawi called on the Iraqi government on Thursday to issue an official statement clarifying its position on the announced withdrawal of US forces from the country. He noted that Washington’s movements from Ain al-Asad Air Base toward other bases in Erbil raise serious doubts Read more…
The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.
2025-08-21 02:25
Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday a decline in the country’s currency exports and inflation for the second half of 2025.
The bank said in a report seen by Shafaq News Agency that “the currency issued by the bank recorded a 3.8% decline Read more…
Iraq is among China’s top trading partners, with a trade volume exceeding $54 billion.
2025-08-21 04:23
Shafaq News – Baghdad
A recent report by S&P Global revealed that Iraq ranked among China’s top 20 trading partners in 2024, with a trade volume of approximately $54.2 billion.
According to the report’s data reviewed Read more…
Parliamentary sessions resume. Forces “hesitant” regarding the Popular Mobilization Law and calls for sanctions.
2025-08-21 04:54
Shafaq News – Baghdad
A source within the Coordination Framework confirmed on Thursday that the passage of the Popular Mobilization Forces (PMF) law hinges on the consensus of “hesitant” political forces, amid parliamentary demands for the parliament presidency to impose sanctions on MPs who fail to attend Read more…
To generate electricity… the first Turkish ship arrives at the southern port of Umm Qasr in Basra.
2025-08-21 05:03
Shafaq News – Basra
The first Turkish ship dedicated to generating electricity with a capacity of up to 125 megawatts arrived at Berth 9 of the southern Umm Qasr port on Thursday afternoon. The ship is part of a government contract aimed at boosting the national energy system by more than Read more…
Lavrov reveals conditions for Putin’s meeting with Zelensky
2025-08-21 06:42
Shafaq News – Moscow
Russian Foreign Minister Sergey Lavrov confirmed on Thursday that his country’s President Vladimir Putin is ready to meet with Vladimir Zelensky, but that intensive preparatory work by experts and ministers must precede this meeting.
Lavrov added, during a press conference following his talks Read more…
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UN: 25 organizations will continue to operate in Iraq after UNAMI ends
2025-08-21
The UN Secretary-General’s Special Representative for Iraq, Mohammed Hassan, announced on Thursday that 25 organizations will continue their work in Iraq after the end of the UNAMI mission. Hassan told the official agency that “only the UNAMI mission will end its work, while the United Nations will Read more…
Iraqi Dinar Guru opinions 8-20-2025
8-20-2025 Newshound Guru Jeff A video where Laura Ingraham interviewed Donald Trump. This is an important video. It’s got critical evidence in it. PRESIDENT TRUMP: “We have a lot of their money. We have $35 billion of their money right now.” JEFF: We have $35 billion, mean US dollar of their dinar. Donald Trump just said we have $35 billion US worth of their dinar… Read more…
US Senator warns of “catastrophic” consequences in Syria due to the “partitioning of Iraq” plan
2025-08-20 08:22
Shafaq News – Washington
US Representative Joe Wilson revealed on Wednesday that a previous plan to partition Iraq is being re-introduced in Syria, warning of “catastrophic” repercussions for neighboring countries if implemented.
Wilson wrote on the X platform, “Former US President Joe Biden proposed a plan to divide Iraq into three states 20 years ago, when he was a senator.”
Wilson continued, Read more…
Exclusive: The last US soldier will leave Ain al-Asad base in mid-September.
2025-08-20
Shafaq News – Baghdad
An Iraqi security source revealed on Tuesday that the last US soldier will leave Ain al-Asad base in Anbar province, western Iraq, in mid-September, after which the international coalition headquarters at the base will be permanently Read more…
Turkish company signs deal to supply electricity to Iraq
2025-08-20
Shafaq News – Istanbul
Turkish floating power plant operator Karpowership announced on Wednesday that it has signed a deal to supply Iraq with up to 590 megawatts of electricity to stabilize the country’s national grid.
Two floating power generation units are scheduled to dock Read more…
An economist predicts the next government will change the dollar exchange rate, and explains the reasons.
2025/08/20
Economists expect the next government to resort to an official devaluation of the Iraqi dinar against the US dollar as a potential solution to address mounting financial burdens, most notably the massive government Read more…
