Eid imposes “emergency” security measures in Iraq
2025-03-31 05:16
Shafaq News/ Iraqi security authorities have taken emergency preventive measures to ensure a safe Eid al-Fitr celebration. They have increased security presence on streets and in public areas, provided additional services such as transportation, health, and rescue, and raised awareness among citizens through a series of Read more…
Iraqi Dinar Guru opinions 3-30-2025
3-30-2025 Newshound Guru Militia Man Article quote: “Sudani…says the government banking sector will be reformed under the supervision of Ernst & Young.” I suggest everybody go and search Oliver Wyman Ernst & Young and see what their credibility is in the world stage. They don’t play games. They’re accurate as they can be. That’s their job. They are 100%. We have a gentleman that I know personally…who worked for Ernst & Young and many other firms over his lifetime, he assures me what I said is true… Read more…
Al-Lami: Achieving gas self-sufficiency will save more than $3 billion annually.
3-30-2025
Information/Baghdad…
MP Ali al-Lami confirmed on Sunday that achieving self-sufficiency in gas to power power plants will save the state treasury more than $3 billion annually.
Al-Lami told Al-Maalouma, “Iraq spends more than three billion dollars annually on Read more…
Parliamentary Committee: Political Disagreements Obstruct Passage of Oil and Gas Law
3-30-2025
Information/Baghdad…
The House of Representatives’ Oil, Gas, and Natural Resources Committee acknowledged on Sunday that political differences are impeding the passage of the oil and gas law, stressing that consensus between Baghdad and Erbil is a Read more…
Military Industry: Weapons and ammunition production saved $700 million for the state treasury.
2025-03-30
The Military Industrialization Authority announced on Sunday a plan to produce mortars, field rocket launchers, and artillery by 2025. Authority Chairman Mustafa Aati told the official news agency that “the Military Industrialization Authority’s factories are in the process of producing new types of light weapons, medium Read more…
Iraqi Dinar Guru opinions 3-29-2025
3-29-2025 Intel Guru Frank26 Did we not say there would be a phase where they’re going to show them the lower notes, ATMs, the new exchange rate, bulletin boards on the street, at the CBI, commercials? Article: “The Central Bank announces new plans to expand the ‘Asraflak’ campaign over the next two months.” This is it. The definition of this word is extremely important – financial literacy…IMO this is the start of the campaign of the education of the new exchange rate of the new currency…I think this is big… Read more…
After the dissolution of USAID, approximately 90% of Iraqi organizations are threatened with closure.
2025-03-29 08:08
Shafaq News/ US financial support for civil society organizations in Iraq is the largest funding they receive, covering nearly 60 percent of the total incoming support compared to other donors. Halting it would be a devastating blow to these organizations, which are preparing to lay off their staff and prepare for Read more…
At Trump’s direction, US intelligence revokes Biden’s security clearance.
2025-03-29
Shafaq News/ US Director of National Intelligence Tulsi Gabbard announced the revocation of former President Joe Biden’s security clearance, as well as the access to classified information of several prominent figures in the previous administration.
Gabbard wrote in a post on the X Read more…
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Washington mobilizes its air power: B-2 stealth bombers arrive in the Indian Ocean
2025-03-29 02:22
Shafaq News/ Satellite images revealed that the United States has deployed at least four long-range B-2 stealth bombers to the Diego Garcia base in the central Indian Ocean, according to the Associated Press.
This move comes amid ongoing US airstrikes on Read more…
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The government completes the budget schedules amid a deficit that affects jobs and services in Iraq.
2025-03-29 04:07
Shafaq News/ A government source reported on Saturday that the general budget schedules have been completed and will be submitted to the House of Representatives after the Eid al-Fitr holiday. The source indicated that it will be approximately Read more…
Goodbye recharging… a nuclear battery that lasts “for life”
2025-03-29 04:01
Shafaq News/ A team of scientists has developed a prototype for a small nuclear battery powered by radioactive carbon, capable of powering devices for decades—and possibly the user’s lifetime—without needing to be recharged.
The Independent newspaper reported that this technology could Read more…
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Al-Sudani: Our government has been able to achieve actual progress in many service projects.
2025-03-29
Prime Minister Mohammed Shia al-Sudani confirmed that his government has achieved practical success in many service projects.
Al-Sudani said in a televised interview: “Services are a priority of the government’s program, and they came in accordance with a planned vision and the need of each Read more…
Iraqi Dinar Guru opinions 3-28-2025
3-28-2025 Newshound Guru Militia Man Article quote: “Sudanai…said the United States Treasury described the progress in reforming the banking system as the revaluation we dreamed of.” That’s the United States Treasury saying that. Quote: “He also promised to launch a reform plan to correct the banking sector which is the most important in Iraq’s history.” This doesn’t sound like things of the past. I’ve never seen this type of language before, especially coming from a prime minister… Quote: “We will launch the reforms after EID.” That’s huge. If he sticks to his guns and sticks to what he says that’s not very far off. Quote: ” He says it will be the most important plan since the founding of the Iraqi state.” Really…? Have you ever hear that before? I don’t think so. I haven’t…This is a Wow! Wow! Wow! Read more…
Rafidain Bank determines branches to work on Saturdays and Sundays to disburse financial dues.
3-28-2025
Information/Baghdad…
On Friday, Rafidain Bank designated branches to operate on Saturdays and Sundays to disburse financial dues to outlet owners and receive revenues from petroleum products and gas stations.
The bank’s media office stated in a statement received Read more…
Iraq agrees with the World Bank to allocate $18.5 million for clean energy.
3-28-2025
Information/Baghdad..
The Ministry of Environment confirmed on Friday an agreement with the World Bank to allocate $18.5 million to improve the electricity transmission and distribution sectors.
Ministry of Environment spokesman Louay al-Mukhtar said, “Some of the projects announced by the Ministry of Electricity have important Read more…
An Iraqi bank raises its capital to more than half a trillion dinars.
3-28-2025
The General Assembly of the National Bank of Iraq (NBI) approved, in its annual meeting, the Board of Directors’ recommendation to increase the bank’s capital from 400 billion dinars to 520 billion dinars, representing 30% of the capital, and distribute the increase as free shares to shareholders, in addition to a 20% cash dividend Read more…
Mr. Muqtada al-Sadr: I will not participate in the electoral process as long as corruption exists.
2025/03/28
Shiite National Movement leader Muqtada al-Sadr announced on Thursday that he will not participate in the parliamentary elections scheduled for November 25.
Al-Sadr’s remarks came in response to a question about the role of the members of the Shiite National Movement in the midst of preparations for the upcoming elections. He said, “Praise be to God who saved us from the corrupt people, Read more…
Al-Sudani: There is no American request to permanently dissolve the Popular Mobilization Forces, and Iraq’s account in the Federal Reserve is not subject to guardianship.
2025/03/28
Prime Minister Mohammed Shia al-Sudani confirmed that the US Treasury informed him that Iraq’s progress on the dollar issue “represents a revolution we’ve been dreaming of,” announcing the imminent launch of the most important plan to reform the private banking sector in the country’s history.
Al-Sudani said in a press statement that “Iraq’s account with the US Federal Reserve Read more…
Washington halts contributions to the World Trade Organization’s budget
2025-03-28 00:26
Shafaq News/ The US government announced it would halt its contributions to the World Trade Organization’s budget, Reuters reported, citing informed sources.
This move comes as part of the US administration’s move to distance itself from certain international institutions that it deems to be in conflict Read more…
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An emergency plan has been put in place to increase oil and gas production in the Nasiriyah field in southern Iraq.
2025-03-28 03:46
Shafaq News/ Dhi Qar Oil Company announced on Friday an emergency plan to increase crude and gas production to 70,000 barrels per day, and gas production to 30 million standard cubic feet.
The company stated in a statement received Read more…