Sudanese advisor: Colorful noise behind the dollar’s rise

Sudanese advisor: Colorful noise behind the dollar’s rise

2025-06-19 02:33

Shafaq News/ The Prime Minister’s financial advisor, Mazhar Mohammed Salih, explained on Thursday that the rise in the US dollar exchange rate against the Iraqi dinar in the parallel market is due to what he called “information noise” related to the Iran-Israel war, in expectations based on Read more…

Khor Abdullah causes an “unnatural” crisis within Iraq’s highest judicial authority.

Khor Abdullah causes an “unnatural” crisis within Iraq’s highest judicial authority.

2025-06-19 04:33

Shafaq News/ A source from within the Federal Supreme Court in Iraq reported on Thursday that a “crisis” of mass resignations had occurred within the court due to the “Kh0r Abdullah” case.

The source told Shafaq News Agency that the six members of the Federal Court had submitted their resignations, citing “government pressure” on the court Read more…

Iraqi Dinar Guru opinions 6-18-2025

Iraqi Dinar Guru opinions 6-18-2025

6-18-2025 Newshound Guru Militia Man Article quote: “…representatives called…to ban cash payments within the government institutions…This means 80% of paper money will be transferred to cards…These steps should be implemented increasingly to move cash out of homes and pockets and into banks.” They’re trying to and have been for quite a long time reducing the cash in circulation which is a good thing. Read more…

Al-Moussawi: We are monitoring regional developments and may close the US embassy within days.

Al-Moussawi: We are monitoring regional developments and may close the US embassy within days.

6-18-2025

Al-Maalouma/Baghdad.
MP Mukhtar al-Moussawi confirmed on Wednesday that political and popular forces are closely following the developments taking place between the Islamic Republic of Iran and the Zionist entity, noting that the decision to decide the fate of the US presence in Iraq, including the closure of the embassy in Baghdad, will be made Read more…

Parliamentary source: Al-Mandlawi is the prime suspect in the 2024 budget manipulation case.

Parliamentary source: Al-Mandlawi is the prime suspect in the 2024 budget manipulation case.

6-18-2025

Al-Maalouma/Baghdad..
An informed parliamentary source revealed, on Wednesday, the involvement of First Deputy Speaker of Parliament Mohsen Al-Mandalawi in the case of tampering with the 2024 budget tables, indicating that there is a large financial difference of up to 15 trillion dinars between the tables sent by the government and those voted on Read more…

Between corruption and mismanagement, Al-Mandlawi embroils Parliament in a political and financial crisis.

Between corruption and mismanagement, Al-Mandlawi embroils Parliament in a political and financial crisis.

6-18-2025

Information / Baghdad..
The threads of what has become known as the 2024 budget manipulation scandal are becoming more and more apparent. At the heart of this scandal is First Deputy Speaker of Parliament Mohsen al-Mandalawi, amid mounting accusations of his involvement in financial and administrative corruption, his intentional obstruction Read more…

Parliamentarian: Expelling US forces has become a political and popular demand

Parliamentarian: Expelling US forces has become a political and popular demand

6-18-2025

Al-Maalouma/Baghdad…
Member of Parliament Rafiq Al-Salihi affirmed on Wednesday that the withdrawal of the occupying US forces from Iraq will end the repeated Zionist violations of the country’s sovereignty, noting that the demand to expel the occupying forces has become both popular and political in nature.
Al-Salihi said in a statement to Al-Maalouma Agency, “Expelling US forces from Read more…

Iraqi finance figures show a “soft rentier” economy. Are there alternatives?

Iraqi finance figures show a “soft rentier” economy. Are there alternatives?

2025-06-18 01:58

Shafaq News/ An Iraqi economist warned on Wednesday against the country’s continued reliance on a rentier economy, noting that it “creates a consumer society” and weakens the national production base.

Mohammed al-Hasani told Shafaq News Agency, “A rentier economy is usually weak and produces a consumer society dominated by the import sector, with little Read more…

Will Iran close the Strait of Hormuz after Khamenei’s threats?

Will Iran close the Strait of Hormuz after Khamenei’s threats?

6-18-2025

Political rhetoric between the United States and Iran escalated following a meeting held by President Trump with members of the National Security Council, during which he requested that a letter be delivered to the Iranian leadership containing conditions for halting airstrikes against Israel, recognizing the commitment to Read more…

Iraqi Dinar Guru opinions 6-17-2025

Iraqi Dinar Guru opinions 6-17-2025

6-17-2025 Intel Guru Frank26 When the smoke clears very soon we will be able to see hopefully the new exchange rate and the lower notes much clearer. In the short run it looks like this might be a disaster but when you realize security and stability now dominates in stead of…Iranian politicians that…steal, then you know very well the future looks bright… Read more…

Banking reform: towards a more efficient banking structure

Banking reform: towards a more efficient banking structure

06/17/2025

Financial sector experts unanimously agree on the importance of proceeding with a comprehensive restructuring of the state-owned banking sector, a move overseen by the Central Bank in collaboration with the global consulting firm Ernst & Young. The process includes the restructuring of six out of seven state-owned banks, in response to directives from Prime Minister Mohammed Shia al-Sudani as part of Read more…

Parliamentary Finance Committee: Baghdad has fulfilled its obligations to the expired Kurdistan Regional Government.

Parliamentary Finance Committee: Baghdad has fulfilled its obligations to the expired Kurdistan Regional Government.

6-17-2025

Al-Maalouma/Baghdad…
The head of the Rights Movement and member of the Parliamentary Finance Committee, MP Hussein Mounes, confirmed that Baghdad has fulfilled all its obligations towards Erbil, noting that the government violated the law by granting Kurdistan financial sums in the form of loans.
Mounes told Al-Maalouma, “The Kurdistan government has not changed since the fall of the late Saddam regime Read more…

Rights: National sovereignty is not complete without the expulsion of the American occupation.

Rights: National sovereignty is not complete without the expulsion of the American occupation.

6-17-2025

Al-Maalouma/Baghdad..
A member of the “Rights” movement, Asifa Abbas Qader, confirmed on Tuesday that the restoration of true national sovereignty will not take place unless US forces are expelled from Iraqi territory, stressing the need to support the Islamic Resistance in Iraq and popular activities that reject the foreign presence.
Qader said in a statement to Al-Maalouma Agency, “There is a widespread and growing popular rejection of the American presence, and Read more…

Its hero is Al-Mandlawi… Warnings against repeating the second “theft of the century” scenario in the 2025 budget.

Its hero is Al-Mandlawi… Warnings against repeating the second “theft of the century” scenario in the 2025 budget.

6-17-2025

Al-Ma’alouma/Baghdad:
Political analyst Ibrahim Al-Sarraj warned on Tuesday against a repeat of what he described as the “second theft of the century” scandal in the 2025 budget, holding the parliament’s leadership responsible for its laxity in holding accountable those involved in corruption and the squandering of public funds.

Al-Sarraj told Al-Maalouma News Agency, “The 2024 budget revealed major Read more…

Mohsen Al-Mandlawi Under the Microscope: From Hidden Corruption to Family Wealth

Mohsen Al-Mandlawi Under the Microscope: From Hidden Corruption to Family Wealth

6-17-2025

Information / Exclusive..
An Iraqi businessman and politician, born on July 26, 1968, he served as Acting Speaker of Parliament from November 14, 2023 to October 31, 2024.
He owns commercial and investment assets, including a hospital, a university, and countless properties. His wealth is estimated in the billions of dollars, and he enjoys Read more…

Al-Sudani reminds Washington: We are obligated to protect Iraq’s sovereignty.

Al-Sudani reminds Washington: We are obligated to protect Iraq’s sovereignty.

2025-06-17 06:41

Shafaq News/ An informed source revealed on Tuesday that Iraqi Prime Minister Mohammed Shia al-Sudani sent a “reminder” to the United States regarding the security agreement concluded with Iraq, which obligates Washington to guarantee the safety of Iraq’s airspace and territory from any external violation or aggression.

The source told Shafaq News Agency, “The last meeting held by Read more…

Warning from Iraq: Closing the Strait of Hormuz would paralyze oil exports and confuse the world.

Warning from Iraq: Closing the Strait of Hormuz would paralyze oil exports and confuse the world.

2025-06-17 01:30

Shafaq News/ Economic expert Hilal Al-Taan confirmed on Tuesday that closing the Strait of Hormuz would paralyze the entire Gulf region and limit oil exports to the global market.

Al-Taan told Shafaq News Agency, “Closing the Strait of Hormuz, or considering closing it, will Read more…

The Central Bank of Iraq’s foreign currency reserves declined.

The Central Bank of Iraq’s foreign currency reserves declined.

2025-06-17 03:46

Shafaq News/ The Central Bank of Iraq announced on Tuesday that its foreign exchange reserves had declined by the end of May 2025.

The bank said in official statistics seen by Shafaq News Agency that “the foreign currency reserves of the Central Bank until May 31 of this year amounted to Read more…

Iraq loses more than a quarter of a million dollars a day in air traffic revenue due to the war.

Iraq loses more than a quarter of a million dollars a day in air traffic revenue due to the war.

2025-06-17 05:43

Shafaq News/ The Parliamentary Transportation Committee revealed on Tuesday that Iraq is losing more than $250,000 daily due to the closure of its airspace due to the war between Israel and Iran. The committee called for an official census of the losses and for a complaint to be filed Read more…

Iraqi Dinar Guru opinions 6-16-2025

Iraqi Dinar Guru opinions 6-16-2025

6-16-2025 Newshound/Intel Guru Mnt Goat The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. …I keep telling you the value is already in the dinar…if you go back to 1990 it was over $3 and…look at all the progress since. But the standards for currency valuations have changed. Basel I-IV changed all of it. Why isn’t it at least at $3 now? …this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past! They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from. Yes, there will be many groupings of currencies to create new pegs. These currencies will support each other. These will be major trading partners. Read more…