News, Rumors and Opinions Saturday 7-25-2026

KTFA:

Clare:  Iraqi Prime Minister Media Office 

Prime Minister Ali Faleh Al-Zaidi Receives Representatives of JPMorgan in Washington and Agrees on the Opening of a Bank Branch in Iraq to Finance Projects Implemented by U.S. Companies

Media Office of the Prime Minister

July 18, 2026

Clare:  JPMorgan Chase: Investment opportunities in Iraq are significant despite the challenges, and we look forward to increasing them. 

7/17/2026

JPMorgan Chalkovsky, Managing Director and Head of Global Government Sector at JPMorgan Chalkovsky, confirmed on Thursday that Iraq has promising investment opportunities, particularly in infrastructure projects, noting that the bank has been partnering with Iraq for more than two decades.

Glukhovsky said, "Over the past 22 years, the bank has contributed to supporting Iraq by strengthening the role of the Trade Bank of Iraq (TBI), advising the government on credit ratings, and participating in financing some 20 projects in cooperation with international credit guarantee institutions."

She added that "infrastructure projects represent one of the most prominent areas of investment during the next phase," stressing that "continued international support for Iraq enhances the growth opportunities of these projects and increases the role of the private sector."

Regarding the challenges, she explained that "the security and political situation in the region affects the investment environment," expressing her hope for "improved stability in the coming months, which will support economic activity."

She also noted that "the Iraqi economy's dependence on oil presents a challenge," stressing that "the government's move towards diversifying the economy and strengthening the private sector is an important step towards building a more sustainable economy," and expressing her hope to expand the partnership between JPMorgan and Iraq in the coming phase.  LINK

************

Frank26:  "IMF PRAISE CBI FOR THE MONETARY REFORM SUCCESS".....F26

 Finance Minister: IMF praise for government reforms reflects growing international confidence in the Iraqi economy

 7/18/2026

Finance Minister Faleh Sari affirmed on Saturday that the International Monetary Fund's (IMF) praise for the reforms implemented by the Iraqi government reflects growing international confidence in the Iraqi economy. He emphasized the continuation of reform programs to enhance financial stability and support sustainable development.

In a statement received by the Iraqi News Agency (INA), the minister said, "The meeting between the government delegation, headed by Prime Minister Ali al-Zubaidi, and IMF Managing Director Kristalina Georgieva in Washington, D.C., represents a significant milestone in strengthening the partnership between Iraq and the IMF and supporting the economic and financial reforms being implemented by the government."

He added, "The IMF Managing Director's praise for the reform measures, particularly in the areas of financial reform, combating corruption, and diversifying revenue sources, reflects growing international confidence in the Iraqi economy and the government's steps aimed at building a more diversified and sustainable economy."

Sari noted that "the Ministry of Finance continues to implement its reform programs in coordination with national entities and international partners, contributing to strengthening financial stability, improving the efficiency of public financial management, enhancing the investment climate, and enabling the private sector to play a greater role in achieving sustainable economic development." LINK

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Jeff   MOUs...Last week they were in DC...as of yesterday that was $200 billion in new revenue coming in to Iraq.  Today they signed MOUs with Iran.  Next week they're signing MOUs with Turkey...Iraq needs to know all of their expenses and revenue streams to correctly draft their budgets...Why the hell hasn't the rate changed, why the cabinet hasn't been completed They have to know all of their money figures before they can revalue.  The cabinet completion is the lynch pin to the rate change...Those two are almost one in the same.

Mnt Goat  Is the Oil and Gas Law passed? I am a bit disappointed with the first two sessions of parliament under this new administration. During the election cycle we read multiple articles on how they would put a ‘high priority’ on the Oil and Gas Law and other laws. Yet it has not been taken up. We need to keep a close eye on this law.

Ariel   Iraq is Preparing to Launch a Central Bank Digital Dinar...We Are Off To The Races...Iraq Is Preparing To Launch A Central Bank Digital Dinar (Cbd Dinars) In Parallel With The Physical Note Redenomination...this will become standard Support for International Trade & Investment...the WTO meetings that are ongoing are crucial in this area. We are watching the final pieces come together smoothly.

************

China Shuts Down Paper Gold Trading July 24 — Pento: “This Could Break the Western Gold Market”

Daniela Cambone:  7-24-2026

Michael Pento warns the U.S. is facing three simultaneous bubbles in credit, real estate, and equities that dwarf the 2008 financial crisis.

He explains why the Fed is trapped, why the middle class is being bankrupted by inflation, and why the next recession could metastasize into a depression.

https://www.youtube.com/watch?v=Y4uH9Xw42u4




Previous
Previous

Iraq Economic News and Points To Ponder Late Friday Evening 7-24-26

Next
Next

Seeds of Wisdom RV and Economics Updates Saturday Morning 7-25-26