Iraqi Dinar Guru opinions 8-1-2026

Iraqi Dinar Guru opinions 8-1-2026

8-1-2026 Newshound Guru Jeff What brought the value of the dinar down? It was Iraq getting placed under US sanctions. US OFAC sanctions very simply brought the value down. What happens when you take the sanctions off? It reinstates back to where it was. In ’03 sanctions devalued it from $3.22 so when you take the sanctions off it should put it right back up again… Read more…

“This is the last night of calm”: Iran warns Israel and 7 other countries

“This is the last night of calm”: Iran warns Israel and 7 other countries

2026-08-01

Shafaq News – Tehran
Former Iranian negotiator and political adviser Mohammad Marandi warned on Saturday that any attack targeting civilian infrastructure in Iran would be met with a response that would include vital infrastructure in Israel, several Gulf states, and possibly Jordan.

Marandi said in a post on the “X” platform, which was followed by Shafaq News Agency, that “based on the statements of the administration of US President Donald Trump, it seems very likely that this will be the last night of calm in Qatar, Saudi Arabia, Kuwait, Bahrain, the UAE, and perhaps the Sultanate of Oman.” Read more…

Saudi media: Jordan informs Iraq it will strike “Iranian militias” if they attack its territory

Saudi media: Jordan informs Iraq it will strike “Iranian militias” if they attack its territory

2026-08-01

Shafaq News – Baghdad
Saudi Arabia’s Al Arabiya channel quoted an official Jordanian source on Saturday evening as saying that Amman had informed Iraq that it would target what it called “Iranian militias” if they carried out attacks against Jordanian territory.

According to the source, Jordan also informed the Iraqi side of information regarding “plans by militias preparing to target its territory.”

The source added, according to the channel, that Amman expects Iraq to take the necessary measures to “stop these militias in their tracks.” Read more…

Turkish exporters: Recent agreements with Iraq will have a positive impact on markets

Turkish exporters: Recent agreements with Iraq will have a positive impact on markets

2026-08-01

Shafaq News – Ankara
Turkish industrialists and exporters welcomed the agreements signed with Iraq on Saturday, stressing that they will provide new opportunities to boost trade and investment and support economic development in the region.

The head of the Southeastern Anatolia Exporters Association in Turkey, Mete Akcan, said in a statement that the agreements signed following the meeting between Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi on July 28 do not only affect the transport and logistics sector, but also extend to agriculture, customs, investment and energy. Read more…

Parliament gives al-Zaydi until the end of August to fill the vacant ministerial posts… Rights: The arguments are unacceptable

Parliament gives al-Zaydi until the end of August to fill the vacant ministerial posts… Rights: The arguments are unacceptable

8-1-2026

Information/Special..
The parliamentary Rights Bloc revealed a parliamentary move demanding the resolution of the vacant ministries file this August, while confirming that the campaign to collect signatures, which has exceeded seventy-five deputies, is continuing without stopping to ensure its passage in Parliament soon.

MP Mohammed Al-Hasnawi, from the bloc, stated in a statement to Al-Maalouma Agency that the Rights Bloc and other MPs have adopted a campaign to collect signatures, which have reached 75 MPs, and will be submitted to the Parliament Presidency in the next few days Read more…

Maliki’s coalition: Rumors about al-Zidi’s resignation aim to undermine the unity of the framework.

Maliki’s coalition: Rumors about al-Zidi’s resignation aim to undermine the unity of the framework.

8-1-2026

Information/Baghdad…
State of Law Coalition member Salah Boushi confirmed on Saturday that reports circulating about Prime Minister Ali al-Zaidi threatening to resign are unconfirmed, considering their dissemination an attempt to disrupt political harmony.
Boushi told the Information Agency, “The unconfirmed reports circulating about Prime Minister Ali al-Zaidi threatening to resign only serve those seeking to disrupt the harmony and political Read more…

A second US convoy departs from Al-Harir base amid the dismantling of air defense systems.

A second US convoy departs from Al-Harir base amid the dismantling of air defense systems.

8-1-2026

Information/Erbil…
Informed sources confirmed on Saturday the departure of a second convoy from Harir Air Base near Erbil, while the dismantling of remaining air defense systems was observed.
The sources explained to Al-Maalomah that “US forces stationed at Harir Air Base near Erbil have begun withdrawing their second convoy, comprising dozens of trucks escorted by armored vehicles, amidst heightened security at the base’s entrances.” They noted that “US forces have already begun dismantling the remaining air defense systems Read more…

Kurdish opposition: Hundreds of trucks loaded with petroleum products are smuggled into Türkiye daily

Kurdish opposition: Hundreds of trucks loaded with petroleum products are smuggled into Türkiye daily

8-1-2026

Al-Maalomah/Sulaimaniyah –
Independent Kurdish politician Didar Haval revealed on Saturday the continued widespread smuggling of petroleum products from the Kurdistan Region to Turkey through unofficial border crossings, describing it as one of the largest smuggling operations the region has witnessed in recent years.
Haval told Al-Maalomah News Agency that hundreds of trucks loaded with petroleum products cross daily into Turkish territory through approximately 21 unofficial border crossings, before some of the fuel is then transported to Read more…

In preparation for submitting it to Parliament, Al-Zaydi chairs a meeting to approve the final version of the government program.

In preparation for submitting it to Parliament, Al-Zaydi chairs a meeting to approve the final version of the government program.

8-1-2026

Information/Baghdad…
Prime Minister Ali al-Zaidi chaired a meeting on Saturday to approve the final draft of the government program.
A statement from the Cabinet’s media office, received by the Information Agency, indicated that “al-Zaidi chaired a meeting dedicated to reviewing and approving the final draft of the government program, in the presence of the Secretary-General of the Cabinet and a number of relevant advisors.” Read more…

Saleh reveals the size of the government’s monthly borrowing to pay salaries

Saleh reveals the size of the government’s monthly borrowing to pay salaries

8-1-2026

Information / Special..
Financial expert and advisor Mazhar Muhammad Saleh revealed on Monday that the financial distress that Iraq is going through has forced the government to borrow more than three trillion dinars per month from specific government banks to cover the salaries of employees, retirees and social welfare.

The government’s financial advisor, Mazhar Muhammad Saleh, told Al-Maalomah News Agency that “the government is obligated to pay all salaries of employees, retirees, and social Read more…

Worth $2.6 billion: Parliamentary move to reclaim Iraqi oil pipeline “sourced” in Saudi Arabia

Worth $2.6 billion: Parliamentary move to reclaim Iraqi oil pipeline “sourced” in Saudi Arabia

2026-08-01

Shafaq News – Baghdad
On Saturday, Saud Al-Saadi, the deputy head of the “Rights” parliamentary bloc, submitted an official parliamentary question to Prime Minister Ali Al-Zaidi regarding the ownership of the Iraqi oil pipeline passing through Saudi territory (the Zubair-Khurais-Yanbu Al-Bahr line), demanding a statement of the measures taken to restore its ownership or to claim compensation.

Al-Saadi explained in the documents obtained by Shafaq News Agency that the 1,568-kilometer-long pipeline with its giant tanks on the sea was built with Iraqi funds amounting to 2.6 billion US dollars, and is considered the property of the Iraqi people based on Article (111) of the Constitution. Read more…

Exclusive: Al-Zaydi’s advisor reveals the government’s options for overcoming the salary crisis.

Exclusive: Al-Zaydi’s advisor reveals the government’s options for overcoming the salary crisis.

2026-08-01

Shafaq News – Baghdad
On Saturday, Mazhar Muhammad Salih, the financial and economic advisor to the Iraqi Prime Minister Ali Falih al-Zaydi, revealed the mechanisms for confronting the financial crisis and ensuring the payment of employee salaries during the coming period.

Saleh told Shafaq News Agency that “the continuation of the war until the beginning of next year, and the potential impact on oil exports that will accompany it, may push the government to continue to rely on a mix of financing tools, including internal and external borrowing, especially if the borrowing law currently before the House of Representatives is approved, given its importance Read more…

Iraq officially enters a state of financial hardship

Iraq officially enters a state of financial hardship

2026-08-01

Shafaq News – Baghdad
Iraqi economic researcher Ziad al-Hashemi said on Friday that Iraq has “officially” entered a state of (financial hardship), the government is going through its worst period, and the people are waiting to receive their financial entitlements.

Al-Hashemi explained in a post on the “X” platform, which was followed by Shafaq News Agency, that “it is not surprising that the Iraqi government finally admits the shortage of liquidity in its treasury, after many months of stubbornness, denial and obstinacy, and after the continuous Read more…

Eco Iraq: 81% of the budget goes to salaries and 6% to investment

Eco Iraq: 81% of the budget goes to salaries and 6% to investment

2026-08-01

Shafaq News – Baghdad
The Eco Iraq Observatory announced on Saturday that salaries for employees, retirees, and social welfare allowances alone account for 81% of the total general budget, compared to only 6% for the investment budget .

The observatory stated in a statement received by Shafaq News Agency that “the operational budget, which includes salaries, asset maintenance and grants, represents about 94% of the state’s total expenditures,” indicating that “salaries, wages, pensions and social welfare allowances account for about 81% of the total general budget .” Read more…

A US report exonerates “dollar shipments” from Iraq’s crises: they have no connection to salaries.

A US report exonerates “dollar shipments” from Iraq’s crises: they have no connection to salaries.

2026-08-01

Shafaq News – Translation
The United States’ decision to suspend cash dollar shipments to Iraq for about three months, before resuming them at the beginning of July, sparked a wave of questions and interpretations that linked the move to restricting Baghdad’s access to its oil revenues, or threatening its ability to pay salaries and finance the economy.

However, a report by the Atlantic Council , prepared by Middle East program researcher Ahmad Tabakhjali and translated by Shafaq News Agency, argues that these perceptions are based on an inaccurate understanding of the nature of Iraqi accounts at the Federal Reserve Bank of New York, and the mechanism through which oil revenues Read more…

Kirkuk joins the “Turkish world” and Erdogan’s deputy considers it “the homeland of the Turkmen”

Kirkuk joins the “Turkish world” and Erdogan’s deputy considers it “the homeland of the Turkmen”

2026-08-01

Shafaq News – Kirkuk
The deputy chairman of Turkey’s ruling Justice and Development Party, Kürşad Zorlu, announced that Kirkuk province has officially joined the “Union of Turkish World Municipalities” during a meeting held by the union in the Turkish city of Karaman.

Zorlu said that Kirkuk’s membership was definitively approved during the meeting held yesterday, Friday, considering that the step will open the way for expanding cooperation Read more…

Gold prices hold steady… Iraq’s foreign reserves decline by more than $7 billion in five months

Gold prices hold steady… Iraq’s foreign reserves decline by more than $7 billion in five months

2026-08-01

Shafaq News – Baghdad
Data from the Central Bank of Iraq showed a decline in foreign reserves during the first five months of 2026, while gold reserves remained higher than at the end of 2025, and the bank’s total assets decreased.

According to data reviewed by Shafaq News Agency, foreign reserves decreased from $101.082 billion at the end of January 2026 to $93.673 billion at the end of May, a decline of $7.409 billion, or 7.3%. Their value in local currency also fell from 131.407 trillion dinars to Read more…

Diyala: Delayed salaries revive “debt ledgers” and paralyze market activity

Diyala: Delayed salaries revive “debt ledgers” and paralyze market activity

2026-08-01

Shafaq News – Diyala
With the delay in paying salaries in most state institutions, the last days of the month have turned into a heavy waiting period for thousands of families who depend on a fixed government income, while the effects of the crisis have begun to go beyond homes to be reflected in the markets, where purchasing activity has declined and requests for selling on credit have increased, amid fears that the current delay will turn into a recurring pattern during the coming months.

In the markets of Baquba, the capital of Diyala Governorate, shop owners do not need an official announcement to know whether salaries have been released or not, as the movement of shoppers reveals this quickly. Read more…

The United States warns its citizens in the Middle East and urges them to prepare for possible departure.

The United States warns its citizens in the Middle East and urges them to prepare for possible departure.

8-1-2026

The United States on Saturday urged American citizens in the Middle East to exercise extreme caution and raise their level of vigilance amid escalating security tensions in the region. The United States stressed that “the security situation in the Middle East remains complex, with the potential for unexpected escalation,” noting that “American citizens should be prepared for the possibility of flight cancellations, temporary airspace closures, and travel disruptions.”

She added that “some airlines in the region have postponed the resumption of their previous flight Read more…

Ministry of Oil: Tripartite agreement to resume exports via Ceyhan with a capacity of 750,000 barrels per day

Ministry of Oil: Tripartite agreement to resume exports via Ceyhan with a capacity of 750,000 barrels per day

8-1-2026

The Ministry of Oil announced on Saturday the objectives of its minister’s visit to Turkey at the head of a government delegation, indicating that the aim of the visit is to conclude a one-year agreement to sustain oil exports through the Ceyhan port. The spokesman for the Ministry of Oil, Salim al-Rikabi, told the official agency that “a high-level Iraqi delegation headed by the Deputy Prime Minister for Energy Affairs and Minister of Oil, Basim Muhammad Khudair, went to Turkey to sign a temporary agreement for one year, as a prelude to concluding a comprehensive and long-term agreement Read more…