US Magazine Admits Biden Administration’s Sanctions on Iran’s Oil Sector Failed

US Magazine Admits Biden Administration’s Sanctions on Iran’s Oil Sector Failed

11-2-2024

Information/Translation..
A report by the American National Interest magazine, on Saturday, admitted that the Biden administration’s sanctions on the Iranian oil sector have already proven their failure, as the Iranian oil sector remained vital in financing the military campaign against Read more…

All the ‘war cries’ on Iraq are behind Kamala Harris

All the ‘war cries’ on Iraq are behind Kamala Harris

2024-11-02 05:49

Shafaq News/ The American newspaper “Washington Examiner” warned that the most prominent figures who called for the invasion of Iraq are currently lining up behind the Democratic candidate Kamala Harris, calling for rejecting these “cries of war.”

The American report, translated by Shafaq News Agency, explained that the Cheneys, the Bushes, Nancy Pelosi, James Clapper, Read more…

US report recommends informing “Iraqi leaders” of consequences of Iran’s use of “Iraqi arena” against Israel

US report recommends informing “Iraqi leaders” of consequences of Iran’s use of “Iraqi arena” against Israel

2024-11-02 07:36

Shafaq News/ The American “Washington Institute” considered that Iran may resort to a “third round” of attacks against Israel, including by resorting to the “Iraqi option” using “Arqab missiles” launched from Iraqi territory, which may cause casualties Read more…

Iraqi parliament recommends changing five ministers in Al-Sudani’s government

Iraqi parliament recommends changing five ministers in Al-Sudani’s government

2024-11-02 02:54

Shafaq News/ The Strategic Planning Committee in the Iraqi Parliament announced, on Saturday, that the ministerial reshuffle in the cabinet of Mohammed Shia al-Sudani’s government has become an “urgent necessity” to confront the Read more…

Economic analysis of the development of Iraqi banks’ assets

Economic analysis of the development of Iraqi banks’ assets

11-2-2024

Researcher Shaza Khalil*
The Iraqi banking sector has witnessed remarkable growth in recent years, reflecting significant efforts to modernize the financial system and enhance economic stability. This growth is evidence of the progress Iraq has made in improving the financial infrastructure and increasing Read more…

Iraqi Dinar Guru opinions 11-1-2024

Iraqi Dinar Guru opinions 11-1-2024

11-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said all branch bank managers have gone through and now completed international service standards in banking reforms as of yesterday morning. FRANK: Why? Because of the float. You have to have a new exchange rate if you’re going to float it. Read more…

Abu Saeeda warns of an American scenario that creates a new crisis inside Iraq

Abu Saeeda warns of an American scenario that creates a new crisis inside Iraq

11-1-2024

Information/Baghdad…
The head of the Wujoud Movement, Muhammad Abu Sa’ida, warned on Friday of an American scenario that could lead to the creation of a financial crisis inside Iraq that would lead to the downfall of the government.

Abu Saeeda told Al-Maalouma, “Prime Minister Mohammed Shia al-Sudani is politically maneuvering with the American side to ensure Read more…

Al-Mashhadani confirms his support for resolving the controversial issues between Erbil and Baghdad

Al-Mashhadani confirms his support for resolving the controversial issues between Erbil and Baghdad

2024-11-01 02:10

Shafaq News/ The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, congratulated Mahmoud Al-Mashhadani during a phone call today, Friday, on the occasion of his election as Speaker of the Federal Council Read more…

Oil rises more than a dollar on reports that Iran is preparing to strike Israel from Iraq

Oil rises more than a dollar on reports that Iran is preparing to strike Israel from Iraq

2024-11-01

Shafaq News/ Oil prices continued their gains during early Friday trading, jumping by more than a dollar per barrel, reducing their weekly losses after reports that Iran is preparing to launch a strike in response to Israel from Iraqi territory in the Read more…

MP Salem Al-Issawi sends a message after Al-Mashhadani was elected as Parliament Speaker

MP Salem Al-Issawi sends a message after Al-Mashhadani was elected as Parliament Speaker

2024-11-01

MP Salem Al-Issawi sent a message today, Friday, November 1, 2024, after the election of Mahmoud Al-Mashhadani as Speaker of the Iraqi Parliament. Al-Issawi stated in a letter of thanks, “I extend my great thanks and gratitude to all Iraqis who Read more…

Iraqi Dinar Guru opinions 10-31-2024

Iraqi Dinar Guru opinions 10-31-2024

10-31-2024 Newshound/Intel Guru Mnt Goat There is NOT going to any “big lines” or celebrations in Iraq when they revalue in country. The only thing that will happen is that they will go on with life and know they have more purchasing power, but only after the reinstatement happens…They are catching up to the rest of the developed world. Also, you must remember too that the government along with the CBI is constantly now telling the citizens they are going to raise the value of the dinar to the “glory days” of the dinar. Read more…

Iraqi Dinar/US Dollar auction results for today 10-31-2024

Iraqi Dinar/US Dollar auction results for today 10-31-2024

Foreign exchange window results for Thursday 10/31/2024
Advertisement No. (5235 ) Read more…

Parliament moves to second round to elect its speaker

Parliament moves to second round to elect its speaker

10-31-2024

Information/ Baghdad..
The House of Representatives decided, today, Thursday, to hold a second round of voting to elect its president.

The Parliament’s media department stated in a statement received by Al-Maalouma Agency, “The votes in the first round were: Read more…

Central Bank Governor reveals important figures about Iraq’s economy and foreign reserves

Central Bank Governor reveals important figures about Iraq’s economy and foreign reserves

2024/10/31

The Governor of the Central Bank of Iraq revealed important figures about the Iraqi economy and its foreign currency reserves.
Ali Al-Alaq said during his participation in the Middle East Forum 2024 (Miri) session in Erbil, that “the volume of currency issued in circulation is approaching Read more…

US Elections and Iraq.. Official Comment on the Shape of the Upcoming Relationship with the New President

US Elections and Iraq.. Official Comment on the Shape of the Upcoming Relationship with the New President

2024/10/31

Iraq does not hide its pursuit of a new phase of strategic relations with the United States of America, focusing more on politics, economics and energy, after having focused for many years on the security and military fields.
Positions in Iraq vary between Read more…

From inside the session.. MP: The voting process is proceeding smoothly without any legal violations

From inside the session.. MP: The voting process is proceeding smoothly without any legal violations

10-31-2024

Information / Baghdad..
Member of the House of Representatives, Ahmed Rashid Al-Salmani, announced today, Thursday, that the voting process to elect a Speaker of Parliament is proceeding smoothly and calmly without any legal violations being recorded.

Al-Salmani said in a statement Read more…

Al-Mashhadani to Shafaq News: I am the Sunni majority’s candidate for the position of Parliament Speaker

Al-Mashhadani to Shafaq News: I am the Sunni majority’s candidate for the position of Parliament Speaker

2024-10-31 05:52

Shafaq News/ Member of Parliament Mahmoud Al-Mashhadani confirmed on Thursday that he is the majority candidate of the Sunni blocs for the position of Speaker of Parliament.

Al-Mashhadani told Shafaq News Agency, “I am the candidate of the majority Read more…

Parliamentarian calls for not passing the partnership contract between Iraq and the International Finance Corporation

Parliamentarian calls for not passing the partnership contract between Iraq and the International Finance Corporation

2024-10-31 06:40

Shafaq News/ The head of the National Hopes parliamentary bloc, Yasser Al-Husseini, called on Thursday not to vote on the contract between the Iraqi General Air Navigation Company and the International Finance Corporation.

Al-Hussaini explained during a press conference held in the parliament building, which was attended by a Shafaq News Agency correspondent, that “the International Finance Corporation is one of five institutions that make up the World Bank, and that passing such contracts affects Iraq’s sovereignty, its money, and Read more…

Iraqi Parliament holds session to elect new speaker

Iraqi Parliament holds session to elect new speaker

2024-10-31 06:25

Shafaq News/ The Iraqi Parliament began, on Thursday, holding a session to elect a new speaker to succeed Mohammed al-Halbousi, who was dismissed by the judiciary.

Shafaq News Agency correspondent said that Mohsen Al-Mandalawi, the acting head of the council, opened the session after the legal quorum was completed Read more…

Iraqi Dinar Guru opinions 10-30-2024

Iraqi Dinar Guru opinions 10-30-2024

10-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [FRANK: Who runs one of the banks in Iraq] said all that is needed at this point is a new rate to push forward the remaining things. The budget has not been released yet but it will be. Then the HCL also needs to be voted and we need the Speaker of the House. All of these things are working together. To see that budget and the HCL we’re going to need to see the Real Effective Exchange Rate. FRANK: The Real Effective Exchange Rate will come when it starts to float. That’s part two of the ‘hybrid monetary reform plan’. Part One is to give you purchasing power. I agree with Mr. Sammy…there are major events that are coming to an intersection that will collide with great force for your new exchange rate and currency. Read more…