News, Rumors and Opinions Monday 1-12-2026
Swisher1776: Iraq Pays Debt to China Ahead of Final Budget Moves
1-12-2026
IQD RV: IRAQ PAYS DEBT TO CHINA AHEAD OF FINAL BUDGET MOVES
Iraq just approved settlement of outstanding payments to China Machinery Engineering Corporation for electricity operations and maintenance covering 2021 through 2023.
At the same time, power purchase agreements are being renewed under existing terms.
This matters because governments do not clear multi year arrears unless they are normalizing accounts ahead of the next phase.
Legacy obligations are being cleaned up, contracts are being honored, and non USD trade partners are being settled properly.
Paired with tighter bank capital rules, non oil revenue finalization, and customs reform, this continues to point in one direction.
System cleanup first.
Execution next.
Source(s): https://x.com/swisher1776/status/2010534286827389356
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff Everything outstanding, everything is waiting for the rate to change...The oil and gas law is not even coming forward. All of Iraq's major pending steps now going forward are waiting and requiring the rate to change. It's that simple.
Militia Man They're going to have a real effective exchange rate based off fundamentals, not off a so-called program rate. I think it's been a quiet delivery and they're going to take a leap at some point in time. It can be at an instant. I think the data we have supports that.
Mnt Goat Article: "UN ASSESSMENT: IRAQ TODAY IS UNRECOGNIZABLE COMPARED TO YEARS AGO" Quote: "The UN coordinator in Iraq, Ghulam Ishaq Zai, gave an optimistic assessment of the situation in the country, stressing that Iraq has strengthened confidence in its institutions and is moving steadily towards stability, while noting that the country has become “remarkable and unrecognizable” compared to what it was years ago."
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Precious Metals Have Broken the Fiat System, Massive Moves Coming - The Freedom Report
Kinesis Money: 1-11-2026
In this episode of The Freedom Report Rob dives into the growing cracks in the global financial system, exploring why debt, deficits, and monetary expansion are no longer abstract risks but lived realities.
He breaks down how government policy, central banking, and financial engineering distort markets, erode purchasing power, and quietly transfer wealth away from everyday people.
Rob also looks ahead at what these pressures mean for the future: rising instability, shrinking trust in institutions, and why hard assets, sound money principles, and personal sovereignty are becoming impossible to ignore.