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Iraq Economic News and Points To Ponder Tuesday Morning 1-6-26

FX Treat: OPEC Producers Maintain Current Production Plans Until Next March

Today 16:15  The Information Agency/Translation:   A report by the economic news website FixTreat, published Tuesday, confirmed that OPEC+ producers have reaffirmed their plans to maintain current oil production levels until March, with minor deviations from Kazakhstan, Iraq, and Russia. 

The report, translated by the Information Agency, quoted Commerzbank commodities analyst Barbara Lambrecht, who noted that "Saudi Arabia has cut its official selling prices for the third consecutive month, indicating limited room for production increases and keeping premiums at their lowest levels in five years."

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“Tidbits From TNT” Tuesday Morning 1-6-2026

TNT:

Tishwash:  Iraq's accession to the World Trade Organization: The United Nations confirms tangible progress.

Joining the World Trade Organization is witnessing clear progress, according to the United Nations International Trade Centre, with the completion of key technical and regulatory stages at both the local and international levels.

The International Trade Centre, a United Nations agency, confirmed that Iraq has made clear progress in its steps towards joining the organization.

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Some “Iraq News” Posted by Clare at KTFA 1-5-2026

KTFA:

Clare:  Banking reforms

1/5/2025  Mitham Adham Al-Zubaidi

The Iraqi banking sector is currently witnessing a remarkable transformation led by the Iraqi government through the Central Bank, within the framework of structural and regulatory reforms aimed at rebuilding the financial system on more efficient and transparent foundations. 

These reforms, which came after years of concentration and weak governance and banking infrastructure, seek to create a banking environment based on fair competition and the prevention of monopolies, instead of relying on privileges or currency auction interventions.

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$9 Trillion 2026 Debt Wall Exposes US Buyer Crisis

$9 Trillion 2026 Debt Wall Exposes US Buyer Crisis

Taylor Kenny: 1-4-2025

The United States is on the cusp of a significant financial challenge: a “debt wall” that is set to mature in 2026. At that time, approximately $9 trillion, or about one-quarter of the total US debt, will need to be refinanced at much higher interest rates than when it was initially issued.

This refinancing challenge poses a substantial threat not only to the federal budget but also to the everyday American, potentially leading to higher inflation, increased taxes, and slower economic growth.

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“Tidbits From TNT” Monday 1-5-2026

TNT:

Tishwash:  Atrushi: The oil and gas law must be passed as soon as possible.

The second deputy speaker of the Iraqi parliament, Farhad Atrushi, indicated that so far more than 40 people have nominated themselves for the position of president of the republic, but the two parties, the Democratic Party and the Patriotic Union, do not have a candidate. He stressed that in order to solve the financial problems and implement federalism, the oil and gas law must be passed as soon as possible. At the same time, regarding the parliamentary committees, he said: The committees are formed temporarily.

On Sunday, January 4, 2026, during his participation in the "Today's Talk" program on Kurdistan24, Atroushi said: In Iraq, the parliament is the center of the political process and the center for making important decisions, so maintaining the position of Deputy Speaker of Parliament for the Kurds is very important.

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Iraq Economic News and Points To Ponder Monday Morning 1-5-26

A Financial Expert Calls For Stricter Oversight Of Banks In Iraq.
 
Information / Baghdad... On Wednesday, financial and banking expert Abdul Aziz Hassoun called on the   Central Bank of Iraq to take   strict measures and    oversight    to regulate the work of banks, in order    to ensure the protection of citizens' rights, noting that the banking system in Iraq operates within an unstable environment   that has prevented it from performing its normal functions.

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UBS Shocking Warning, European Bank on the Verge of Collapse

UBS Shocking Warning, European Bank on the Verge of Collapse

Steven Van Metre:   1-4-2025Top of Form

A recent analysis by UBS has sent shockwaves through the financial world, revealing that Deutsche Bank, one of the globe’s largest banks, has a staggering 30% of its portfolio tied to high-risk, unregulated private credit loans.

This is a far cry from the 8% average seen in Europe’s other major banks, and it’s a red flag that can’t be ignored. As we edge closer to a potential global financial crisis, it’s essential to understand the warning signs and take proactive steps to protect and grow your wealth.

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“Special Announcement” It is time to retire Bondlady's Corner !!!

Iraq Economic News and Points To Ponder Sunday Afternoon 1-4-26

“Special Announcement” It is time to retire Bondlady's Corner !!!

It is with a heavy heart that I announce it is time to retire Bondlady's Corner !!! Over the next several days this site will transition over to a "read only" site, meaning that any further comments or posts will stop. The archived posts will still be here.

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“Tidbits From TNT” Sunday 1-4-2025

TNT:

Tishwash:  The House of Representatives publishes the agenda for its second session and moves towards voting on its internal regulations. 

The media department of the Iraqi parliament published today, Saturday, the agenda for the second session of the sixth electoral cycle, for the first legislative year, first chapter.

The department stated that the session is scheduled to be held next Monday, January 5, 2026, at 10:00 AM, indicating that the agenda is limited to three main items.

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