News, Rumors and Opinions Saturday Morning 9-3-2022
KTFA:
Samson: Economist: Inflation has reached more than 12% in Iraq
3rd September, 2022
The annual inflation level in Iraq for the month of July increased by 12.3% compared to the same period in 2019, bringing the record in July 2022 to 117.8, which is the highest inflation rate recorded in the country in more than ten years
The economic and financial expert, Manar Al-Obaidi, said in a press statement, seen by "Economy News", that "the inflation level in food prices rose by 11.2%, while the inflation level in housing, water, electricity and gas prices rose to 10.1 % per cent
At the level of transportation prices, the inflation rate in Iraq increased by 16.8%, and the most inflated rate was the prices of health and medical services, which rose by 27.8% compared to July 2019, and the general index of the Health Department reached 149.9, an increase of 50% compared to the measurement year. Which is considered the year 2012, according to Al-Obeidi
The Iraqi economic expert attributed the reasons for the high rates of inflation to many factors, including “the rise in oil prices, which reflects its shadow on all goods and services, in addition to changing the exchange rate of the dinar against the dollar,” and these two reasons are enough to raise inflation rates to reach these record levels
According to the data of the Iraqi Ministry of Planning, the number of citizens below the poverty line has reached "9 million people" and with the high rates of inflation, it is expected that this percentage will rise in the future, according to Al-Obeidi
Al-Obaidi pointed out that "the Iraqi government does not take any actual measures that would reduce the inflation rates that qualify for the rise as a result of the lack of approval of the budget and the absence of programs that limit the impact of the inflation level on the Iraqi citizen
He pointed out that "the local products that would reduce inflation rates are still below the level and unable to cover the need for imported products LINK
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Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kazemi came out and told us if things continue the way they are right now this is not right, you don't kill us! He is threatening Article 81 of the constitution and to make the position vacant to form a government in 15 days span... FRANK: What he's saying is there is an article in their constitution where the prime minister under certain conditions can dissolve the government...this has been his plan...start brand new under his leadership...
BGG I believe so many in this community have read this latest uprising in Iraq all wrong.... The Sadrists ran on a platform of equal governance and reform. In stunning fashion, they won big. Not quite big enough… but big. The people voted for a new direction. They will again. The corrupt old guard has been doing everything possible to try and maintain their “status quo”. This is at the very heart of this conflict. This is a good struggle. Freedom can be a messy business…
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Iraqi Dinar update for 09/02/22 - I agree with Monkey Werx
Pimpy’s Investment Chat:
A WARNING: Be Ready For The World As We Know It To Change DRAMATICALLY.
Greg Mannarino: 9-2-2022
Rob Cunningham: What if the World’s Wealth Could Finally Work for Everyone?
10-11-2026
XRP: WHAT IF THE WORLD’S WEALTH COULD FINALLY WORK FOR EVERYONE?
Imagine a world where humanity’s greatest financial problem isn’t a shortage of wealth, resources or productive capacity – but an outdated system that makes accessing them unnecessarily expensive, complicated and restrictive.
Now imagine a better system.
A Historic Team, New Monetary System, Asset-connected Future, America
And We Know: 10-10-2026
A recent discussion from And We Know Official on YouTube dives deep into the current chaotic financial environment, particularly highlighting the intersection of midterm elections, shifting monetary policies, and the evolving roles of precious metals and digital currency.
As global markets react to shifting political landscapes and central bank decisions, understanding the broader economic picture has never been more vital for long-term planning and asset protection.
"Raising The Dollar Is Not A Solution Without A Price," Maliki asserts, emphasizing that the success of adjusting the exchange rate hinges on the government's ability to contain its repercussions and protect citizens' incomes
Sunday, October 11, 2026 Baghdad - One News - Nouri al-Maliki, head of the State of Law Coalition, warned of the economic and living repercussions of raising the dollar exchange rate, stressing that the success of the exchange rate adjustment measures depends on the government’s ability to contain its negative effects and protect citizens’ incomes and purchasing power, as well as maintain market stability.
Good Afternoon Dinar Recaps,
GLOBAL DEBT RESET WATCH: WORLD BANK WEIGHS CRISIS AID AS DEVELOPING NATIONS FACE A TRIPLE ECONOMIC SHOCK
As the World Bank discusses emergency assistance with dozens of countries, rising energy prices, climate threats and borrowing costs are intensifying pressure on government budgets and the global financial system.
TNT:
Tishwash: Al-Moussawi reveals the date when the 2027 budget will reach Parliament
MP Mukhtar al-Moussawi confirmed on Sunday that the 2027 budget draft will reach the Parliamentary Finance Committee this week for discussion of its articles. He also indicated that there are seven complex issues that the upcoming budget will face.
Al-Moussawi explained to Al-Maalouma that "the 2027 budget draft will arrive this week from the Council of Ministers to the Parliamentary Finance Committee, in preparation for a thorough discussion of its articles."
KTFA
Clare: Al-Zaidi will conduct a Gulf tour that includes Saudi Arabia and Kuwait next Wednesday.
10/10/2026
Iraqi Prime Minister Ali al-Zaidi is expected to conduct a Gulf tour next Wednesday, which will include Saudi Arabia, after which he will head to Kuwait.
An informed government source told Shafaq News Agency that Al-Zaidi will discuss with the Gulf states joint security and economic files, as well as the situation in the region and its impact on security and economic conditions, in addition to common issues at various levels.
MilitiaMan & Crew: Stop What You Are Doing: Militia Man's Latest Update
10-10-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
Iraq Amends the Official Exchange Rate: Legal and Economic Implications of Cabinet Decision No. 544 of 2026
Al-Nesoor Law Firm examines Iraq’s new exchange rate and its impact on contracts, imports, businesses, government revenues, and consumers.
Al-Nesoor Law Firm October 07, 2026 On 6 October 2026, the Iraqi Council of Ministers issued Decision No. 544 of 2026, amending the official exchange rate of the Iraqi dinar against the U.S. dollar. The new rates took effect on 7 October 2026, leaving only a very short period between the decision and its implementation.
Under the new framework, the exchange rates are:
Good Morning Dinar Recaps,
GLOBAL ENERGY RESET WATCH: U.S. EASES RUSSIA DIESEL SANCTIONS AS FUEL COSTS PRESSURE TRUCKERS AND TRADE
The Trump administration has temporarily eased restrictions on Russian diesel supplies following an agreement with Moscow, seeking to relieve fuel-price pressure on truckers, farmers and businesses while raising new questions about sanctions, energy security and global trade.
CBI Protects Pre-Devaluation Import Transfers
2026-10-10 Shafaq News- Baghdad Iraqi traders should not be charged exchange-rate differences on import-financing transfers due for execution before October 7 that were purchased and covered at the old rate, the Central Bank of Iraq (CBI) said on Saturday.
KTFA
Saturday Night Video
FRANK26….10-10-26….JANUARY 1, 2027
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Dr. Scott Young: Is the US Treasury in Trouble? Gold and Trump’s Financial Plans
10-10-2026
Why is the Treasury about to sink? Are we about to lose all our money? When does the gold rise? Is the Gold a currency? What is happening to the Dinar? What does Trump know about the asset of the nation and what is he doing about it?
In recent financial discussions, few topics have sparked as much debate as the stability of the global monetary framework. A recent video featuring Dr. Scott Young brings these concerns to the forefront, offering a stark assessment of the current condition of the U.S. Treasury and the Federal Reserve.
Stock Market Crash Risk Changed in Just 3 Days, Peter Grandich Says
Kitco News: 10-10-2026
Peter Grandich tells Kitco News anchor Jeremy Szafron gold may need one more brief drop under $4,000 to set up the strong bottom it needs, then a run toward record highs in 2028.
Gold bugs, he says, won’t like the first part. Grandich, who says he sold his gold before this year’s drop, explains why he changed his mind on a stock market crash in the last three days and why a 10-year Treasury yield above 6% would signal a financial crisis.
Softbank Seeks To Raise $100 Billion From Gulf Investors
Money and business Economy News - Follow-up Masayoshi Son, chief executive of SoftBank Group, is seeking to raise up to $100 billion from Gulf investors to fund a new wave of investment in artificial intelligence.
Over the past few weeks, Son has held discussions with senior figures, including in the UAE, about the potential fundraising process.
Good Afternoon Dinar Recaps,
GLOBAL ENERGY RESET WATCH: IRAN EXPANDS TANKER THREATS BEYOND HORMUZ AS SHIPPING RISKS GROW
New attacks and warnings across Gulf shipping routes are raising concerns about energy supplies, tanker costs and the economic consequences of prolonged instability, even as diplomatic efforts continue.
TNT:
Tishwash: Iraqi PM to visit Saudi Arabia, Kuwait
Iraqi Prime Minister Ali Al-Zaidi is expected to begin a Gulf tour on Wednesday, October 14, with visits to Saudi Arabia and Kuwait, a government source told Shafaq News.
The source said Al-Zaidi would discuss shared security and economic issues with Gulf officials, as well as regional developments and their impact on security and economic conditions.
During the tour, Al-Zaidi is expected to reaffirm Iraq’s rejection of any attacks launched from its territory against Gulf or other regional states and stress that his government would hold accountable any party involved in such cross-border operations, according to the source.
KTFA
Clare: Doberdani: Parliament will vote on Monday to complete the cabinet formation of al-Zidi's government.
10/9/2026
Member of Parliament Sherwan Dubardani, from the Kurdistan Democratic Party bloc, revealed that Parliament will vote, during its session scheduled for next Monday, on filling the vacant ministerial portfolios and completing the government formation of Prime Minister Ali Falih al-Zaidi.
Doberdani said that a series of talks between the main political forces and blocs led to an understanding regarding granting confidence to the candidates for the ministries that have not yet been decided within Al-Zidi's cabinet.
The Government Chose The Fastest Route, Not The Best One," Masoud Haider criticizes the exchange rate change, asserting that reforming the customs and tax system can generate double the revenue
Baghdad - One News Former Deputy Minister of Finance, Masoud Haider, criticized the Iraqi government's decision to change the dollar exchange rate, considering that resorting to reducing the value of the dinar is the fastest measure to provide financial liquidity and ensure the continued operation of state institutions, but it is not the best economic option, given the existence of alternatives capable of generating greater revenues without imposing additional burdens on citizens.
Good Morning Dinar Recaps,
INDIA RESET WATCH: RBI TAKES NEW STEPS TO DEFEND THE RUPEE AS DOLLAR PRESSURE MOUNTS
India’s central bank is redirecting major oil companies’ dollar purchases and tightening foreign-exchange rules as rising energy costs and global financial pressures push the rupee toward record lows.
KTFA
Sunday Night Video
FRANK26….10-11-26….FROZEN !!!
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#