“Tidbits From TNT” Thursday Morning 6-19-2025
TNT:
Tishwash: During Saturday's session, legislation is expected, including the budget and three other laws.
Member of Parliament Mohammed Al-Ziyadi confirmed on Thursday that the Iraqi parliament will resume its sessions starting next Saturday, following a decision to cancel the legislative recess.
Al-Zayadi told Al-Maalouma News Agency that “the House of Representatives will begin its sessions on Saturday, as part of the final legislative term, after the legislative recess was cancelled,” noting that the parliament’s agenda includes a number of important laws that are a priority for the next phase.
TNT:
Tishwash: During Saturday's session, legislation is expected, including the budget and three other laws.
Member of Parliament Mohammed Al-Ziyadi confirmed on Thursday that the Iraqi parliament will resume its sessions starting next Saturday, following a decision to cancel the legislative recess.
Al-Zayadi told Al-Maalouma News Agency that “the House of Representatives will begin its sessions on Saturday, as part of the final legislative term, after the legislative recess was cancelled,” noting that the parliament’s agenda includes a number of important laws that are a priority for the next phase.
He explained that "among the most prominent laws that will be discussed and approved during this session are the law restructuring the Popular Mobilization Forces, amending the industrial investment law, and the education law, in addition to voting on the 2025 budget schedules."
It is noteworthy that Parliament held a deliberative session earlier this week dedicated to discussing the repercussions of the imposed war on Iran, during which the representatives called for the necessity of activating and strengthening air defense systems to ensure the protection of national autonomy. link
Tishwash: Government advisor: A positive oil price shock reduces the budget's need for borrowing.
The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed that the geopolitical circumstances resulting from the ongoing war between Iran and Israel undoubtedly contributed to generating a "positive oil price shock," as oil markets have recovered from the decline in the oil asset cycle (i.e., the previous negative oil shock) in the recent period, with oil prices now making their way towards a rapid rise.
Saleh explained to Al Furat News Agency that "the average oil price decline of $10 per barrel of exported oil from the levels of the beginning of the current year 2025 has returned to witness an increase to its previous stable conditions before the decline, and within a few days, with an increase estimated at about $10 per barrel of exported crude oil, and in an opposite manner under the influence of the positive oil price shock."
He added, "This will undoubtedly reduce the general budget's need for large-scale actual borrowing if public spending is based on the annual minimum of 160 trillion dinars per year, and at an average annual oil price of $75 per barrel. This means covering operating and investment expenses relatively comfortably if the oil barrel maintains an annual average that exceeds or approaches the aforementioned average increase in exports throughout the current fiscal year. This is an activity for the general budget in 2025 that is similar to the spending developments that occurred in 2024."
Saleh pointed out that "what we see is that the current high price structure will likely stabilize without declining even if hostilities between the two parties to the ongoing conflict in the Middle East cease. This is due to the influence of hedging factors and the buildup of fossil fuel stocks at the global level, in addition to the rapid expiration of the downward cycle of oil assets after taking its current stable form and maintaining balance in energy markets under the influence of the continued multiplicity of geopolitical tensions in more than one place in the global energy demand belts."
He stressed that "this does not preclude diversifying non-oil revenue sources in a transparent and more governed manner, and imposing discipline on any unnecessary expenditures that can be postponed at the present time, in light of the policy." link
*************
Tishwash: The President and Prime Minister affirm Iraq's categorical rejection of any violation of its sovereignty.
President of the Republic, Abdul Latif Jamal Rashid, and Prime Minister, Mohammed Shia Al-Sudani, affirmed during their meeting in Baghdad, on Wednesday, Iraq's categorical rejection of the violation of its sovereignty by the Zionist entity, and the endangerment of its airspace in light of the recent regional escalation.
According to a statement issued by the Prime Minister's media office, received by Mawazine News, during the meeting, the general situation in the country and security developments in the region were discussed as a result of the continued Israeli aggression against the Islamic Republic of Iran, and the widespread threat it poses to the security and stability of the region and the world.
The statement added that "Iraq supports all legal and diplomatic steps taken by the government to protect its sovereignty, including resorting to international bodies and working to resume negotiations between Tehran and Washington as a way to reduce tensions."
The meeting also witnessed an emphasis on the importance of national unity and the solidarity of all political and social forces to support the state's efforts in confronting the increasing challenges resulting from regional developments. link
**I*************
Tishwash: Al-Sudani declares 2025 the year of Iraqi industry.
Prime Minister Mohammed Shia al-Sudani announced that 2025 will be the year of Iraqi industry, in a new confirmation of the government's progress with its plans to support national industry and achieve self-sufficiency in vital sectors such as food and energy.
This came during his inauguration, yesterday, Wednesday, of a group of strategic industrial projects in Babil Governorate, which included the mills of the Union Company for the production of zero flour in the Madhatiyah district, which were completed in only (11) months, with a production capacity of up to one million tons annually, which covers about (50%) of the local market’s need and reduces dependence on importing flour, which used to cost the country more than (750) million dollars annually.
The Prime Minister emphasized that "these projects represent a clear example of the government's approach to supporting the manufacturing and food industries, through effective partnerships with the private sector and providing an appropriate investment environment."
Al-Sudani also launched the executive works of the Diwan factory for the production of transformers, cables and smart meters, which is a strategic project to localize electrical industries, and is being implemented with the latest technical specifications with a budget of up to (300) million dollars.
Al-Sudani said: “I announce that the year 2025 will be the year of Iraqi industry, and we are continuing to open major industrial projects and lay the foundation stone for new factories, in the belief that the national economy cannot rise without a strong national industry.”
He pointed out that the government is working to enhance food and energy security and reduce dependence on foreign resources, especially in light of the current global crises, stressing that Iraq possesses the capabilities and competencies that will enable it to rise again as a regional industrial power.
The Prime Minister explained that Babylon Governorate is on the verge of a qualitative transformation in the field of industry, as it includes more than (2000) operating factories, in addition to the government’s readiness to declare it an integrated industrial city after completing the requirements for establishing new industrial cities in it, with support from the federal government.
Al-Sudani concluded by saying, "We strongly support the loyal people of Iraq who are shaping the industrial future, and we are working to remove all obstacles facing the industrial sector, so that it can be the primary driver of economic growth and job creation." link
Mot: Be Sure And ......
Mot: aaaaaahhhhhhhh -- the Clarity of Life frum da Net!!!!
In a World Buried in Debt, there are Only Three Exits
In a World Buried in Debt, there are Only Three Exits
Gold Telegraph: 6-18-2025
BREAKING NEWS: A RECORD SHARE OF THE WORLD’S CENTRAL BANKS PLANS TO ACCUMULATE MORE GOLD OVER THE NEXT 12 MONTHS
The trend…
Things are in full swing.
In a World Buried in Debt, there are Only Three Exits
Gold Telegraph: 6-18-2025
BREAKING NEWS: A RECORD SHARE OF THE WORLD’S CENTRAL BANKS PLANS TO ACCUMULATE MORE GOLD OVER THE NEXT 12 MONTHS
The trend…
Things are in full swing.
We are now at the stage where we print paper currency to fund wars and bailouts, yet hoard the one asset that can’t be printed out of thin air. Gold.
While most people sleepwalk through headlines, the people who design this system are hoarding. You can’t even write this script.
Roughly half of the central banks in the Global South plan to increase their gold reserves in the next 12 months. Think about this. The Russian president said last year that countries of the Global South are taking leading roles in the world. Gold is at the centre of it.
In chess, you better know every piece on the board. If you ignore the pawn, you will never see the checkmate coming.
BREAKING NEWS: THE PEOPLE’S BANK OF CHINA GOVERNOR SAYS IN THE FUTURE, THE GLOBAL MONETARY SYSTEM COULD CONTINUE TO EVOLVE TOWARD A SITUATION WHERE A FEW SOVEREIGN CURRENCIES CO-EXIST, COMPETE AND CHECK AND BALANCE EACH OTHER
It is in motion.
“People’s Bank of China Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order…”
The People’s Bank of China Governor also said that one option is to promote a super-sovereign currency, using IMF special drawing rights (SDRs) as a possible choice. Boom. The key message: “A possible choice.” A super-sovereign currency is GOLD.
The entire world is now watching for stagflation.
Gold Telegraph: I was very early with this prediction, but how can anyone dismiss the prospects of stagflation? Look at the 1970s, valuation shifts and gold’s rise. Now we face tariffs, currency wars, hot conflicts, and to top it all off: Record global debt Nightmare for central banks.
The leader of China’s central bank expects new currency order to challenge the dollar. Everything is now out in the open. Gold…
China is about to eliminate all tariffs for 53 African nations under a new economic pact. This is BIG. Very strategic moves are being made now in real time.
Nassim Taleb says gold is effectively the reserve currency. Bingo.
The main stream media is beginning to acknowledge Judy Shelton as a potential candidate to lead the Federal Reserve. Principled and disciplined, Judy knows that gold holds the key to restoring trust in the U.S. monetary system and reviving the principle of sound money.
When a currency devalues or inflation eats away at a reserve asset, why would any nation cling to it as a true measure of value?
In a world buried in debt, there are only three exits:
1) Explosive growth
2) Deliberate devaluation
3) Default
When growth fails, devaluation takes over, gutting value and forcing a new monetary order into reality.
So don’t be surprised that gold has reclaimed its place as the world’s second-most vital reserve asset.
As I have said for years, my core thesis has always been: The Dollar vs. Gold.
If the United States remonetizes gold, it will not only change the fabric of the system but also reclaim the constitutional foundation of honest money that once made the dollar worth its name. @judyshel
Source(s): https://x.com/GoldTelegraph_/status/1935023420749791684
Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25
Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It's Tuesday, June 17th and you're listening to the big call. Glad to hear everybody still tuned in. I was running a little bit late, going to get last minute Intel for tonight's call. So I'm glad to be here. Glad we're all ready to go. So let's do this without further ado. Let's go ahead and pray the call in,
All right, let's get into where we stand in the in the way of Intel. I think Sue set me up a little bit for tonight, so we'll see, see how it we'll see how it goes. What we have heard as late as this evening, there's quite a bit of things that are going on behind the scenes, some of which I can bring, and some of which are not entitled to bring.
Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It's Tuesday, June 17th and you're listening to the big call. Glad to hear everybody still tuned in. I was running a little bit late, going to get last minute Intel for tonight's call. So I'm glad to be here. Glad we're all ready to go. So let's do this without further ado. Let's go ahead and pray the call in,
All right, let's get into where we stand in the in the way of Intel. I think Sue set me up a little bit for tonight, so we'll see, see how it we'll see how it goes. What we have heard as late as this evening, there's quite a bit of things that are going on behind the scenes, some of which I can bring, and some of which are not entitled to bring.
However, I would say this much we're supposed to keep an eye on the next four days, which would be Wednesday, Thursday, Friday, Saturday, which is what 18th, 19th, 20th, 21st, being Saturday. Keep an eye on those four days.
And what I understand is happening in those four days are what we're looking for is, and you might not see this or know this, but program trades are now being activated in USN, as opposed to USD, in other words, our new digital currency, the USN, is digitally backed by XRP and that very positive thing for the value of our USN currency. Okay, so they're doing what's called program trades on various bonds or currencies that are paying out essentially in USN,
Those need to occur in the next four days for us to be able to receive our numbers, our notification emails, most likely we're hearing Sunday night and Monday on those emails, Sunday night and Monday, so that we would be able to begin exchanges early next week, most likely Tuesday.
Now here's what's interesting, and we might get an announcement from President Trump or maybe Scott Dessent - to this extent, June, 19, so called Juneteenth. – is I believe that slaves in the south received word of the Emancipation Proclamation by President Lincoln in 1865 and so that's an important day, and I believe it's also a national holiday, if I'm not mistaken, because you have to check that out, and I don't know by the time, however, it's a very important day for black people and white people in this country.
Now, what's interesting? Sue brought up debt slavery, and the end of that as well. I don't want to minimize Juneteenth for black brothers and sisters .
However, could it also be extended to refer to financial slavery that all of us, to large extent, some of us, have been under. Therefore Juneteenth refers to the emancipation for all of them regardless of race.
The other thing is we looking at what ia happening with Israel, and Iran, and we know that That. and President Trump did use the term “we” referring to Israel as a an ally Israel, we have superior airspace over Iran. They really are no longer a threat to Israel fighters and bombers and so on.
Now, the way I see it as well, is the Ayatollah has been given an ultimatum to make a decision for what looks like. I'm going to say complete surrender, probably in his best interest to do that anyway for different reasons. I won't go into those right now, but to take advantage of that situation and make that decision for complete surrender is a very positive thing, not only for him, but also for the Iranian people.
The people of Iran need emancipation as well, and I believe this whole thing is leading to a new order of government, a new freedom for the people of Iran. And President Trump's opinion on this is to tell those people and tell the leaders, if there are any left in Iran, don't make war. Let's make money.
He is going to give opportunity for trade with Iran, for just opportunities, because right now, they don't have any, you know, we don't want to take out their oil platforms, their oil production, because that's the way they earn money. And so I don't think we're going to be doing that, or Israel will be doing that.
I think that that's too valuable, not only for the people of Iran, but for also for the world to get the benefit of that oil. So my point is, I believe we're looking at Juneteenth as maybe the start of emancipation, not only in the United States, but also globally, and quite possibly, for Iran, as they come into a new a new structure of government and more personal freedom for the people of Iran. So that's what I'm looking for to happen.
Now today, is the 17th the 19th is going to be Thursday. We would have, theoretically another call on Thursday - I don't know that we're going to get our numbers before the weekend. – The latest I heard today we are looking to receive those, quite possibly Sunday night or and or Monday.
So with that said, the question is, what else is there?
I don't think there's a whole lot else that we need to know - I think that getting prepared for this event, which is going to be one of the biggest events of our lives, is where you are now in preparation mode.
All right, let me think what else I can bring up. Redemption centers have no rates on screens today, and what we believe that they'll be there by the weekend, and maybe they'll be there before the weekend. We'll see. Obviously, new Intel comes in every day, and we have to sort that out and vet it and figure out what is relevant to what we what we're getting, I would say, keep an eye on what is happening with Iran and Israel
Also keep an eye on, what I believe there is an agreement in place for Russia and Ukraine, but I haven't heard any specifics about it, so we don't know what stage that's at least. I don't know what stage is it. But you know, the problem with India and Pakistan was cooled off has been that's good.
So far. There's no problem with China and Taiwan. That's okay. These are the four hot spots I think that are affecting GESARA, and we need for GESARA to be pretty much at peace before that comes out.
Now, NESARA, our thing is coming out with probably an announcement by President Trump. I don't have a date on it. We just don't we thought we were going to get something. Was it Monday? Monday?
We thought we'd get something in the morning. It didn't happen. We didn't get that. So we don't know when that announcement is going to be but keep an eye out for the possibility of an announcement by President Trump that might just indicate our new asset backed currency - we're not going to be considered gold backed, even that is backing up XRP, crypto creator, is backing up the US digitally .
So that's all cool too. Gosh, there's so many other new things that are coming out. I think our best bet to just it's important to not make this RV your entire life. We know what it'll do for us. We know what the med beds will do. But for time being, we have to continue with our plan A with whatever job you have or new job you're getting, you have to continue to work in that area until.
I mean, if I had known 20 years ago that this was going to take 20 years to happen, and yet I was invested 20 years ago, would I be doing the big call? I don't know, God’s got me in place for a reason so I'm just going to do it -- As I told you guys - I'm going to take you over the threshold, and then obviously we're going to do our projects, and I think we're going to have a lot of help with rebuild America, build international - veterans retreat network and pastoral retreat network.
I think those are my four projects, as you guys know, and that's what I'm looking to work with. And I hope many of you, I hope at least 5000 will help me put together, rebuild America, and it'll be a lot of fun and it'll be something that we can do. We meet, have regional get togethers, I think some of the most fun we've ever had.
I think really that is everything I really wanted to bring out tonight – we’ve got the timeline that we've had confirmed by two more sources to look for something happening. And there's also about $500 trillion dollars moving in the next few days. I think this is coming from the, from the trade platforms.
We will see how that shakes out - If everything goes according to plan we should be getting our notifications Sunday night or Monday morning, or sometime Monday, let's say, to be fair, sometime Monday, and then be exchanging probably Tuesday of next week.
So All right, everybody enjoy Juneteenth, and we'll watch for that to come through. We'll hopefully Iran will have a decision to make - and give Iran their freedom in a new form of government.
Well, thanks everybody for listening tonight. Thank you Sue. Thank you Bob and thank you GCK and Jeannie and Pastor Scott and everybody in big call universe, thank you satellite team for getting this activity to 20 or more million listeners around the globe.
And thank you big call universe for tuning in for these 14 years so far, and everybody have a wonderful night tonight. I do expect to do a call Thursday -Same time same station. So we look forward to talking with you then - Let's pray the call out, then we'll say goodnight. Well, good night everybody. Thanks so much. We'll see you Thursday night.
Bruce’s Big Call Dinar Intel Tuesday Night 6-17-25 REPLAY LINK Intel Begins 1:12:40
Bruce’s Big Call Dinar Intel Thursday Night 6-12-25 REPLAY LINK Intel begins 1:12:12
Bruce’s Big Call Dinar Intel Tuesday Night 6-10-25 REPLAY LINK Intel Begins 1:17:07
Bruce’s Big Call Dinar Intel Thursday Night 6-5-25 REPLAY LINK Intel begins 1:03:53
Bruce’s Big Call Dinar Intel Tuesday Night 6-3-25 REPLAY LINK Intel Begins 1:06:00
Bruce’s Big Call Dinar Intel Thursday Night 5-29-25 REPLAY LINK Intel begins 1:29:00
Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25 REPLAY LINK Intel Begins 1:15:15
Bruce’s Big Call Dinar Intel Thursday Night 5-22-25 REPLAY LINK Intel begins 1:18:40
Bruce’s Big Call Dinar Intel Tuesday Night 5-20-25 REPLAY LINK Intel Begins 1:11:00
Bruce’s Big Call Dinar Intel Thursday Night 5-15-25 REPLAY LINK Intel begins 1:02:30
Iraq Economic News And Points To Ponder Wednesday Evening 6-18-25
Economist: Iraq's Benefit From Rising Oil Prices Depends On Three Factors
Time: 2025/06/18 15:24:10 Read: 540 Times {Economic: Al-Furat News} Economist Salah Nouri
confirmed on Wednesday that Iraq's benefit from rising oil prices depends on three basic factors. He pointed out that fulfilling these conditions will have a positive impact on reducing the budget deficit and supporting cash liquidity.
Economist: Iraq's Benefit From Rising Oil Prices Depends On Three Factors
Time: 2025/06/18 15:24:10 Read: 540 Times {Economic: Al-Furat News} Economist Salah Nouri
confirmed on Wednesday that Iraq's benefit from rising oil prices depends on three basic factors. He pointed out that fulfilling these conditions will have a positive impact on reducing the budget deficit and supporting cash liquidity.
Nouri told Al-Furat News Agency that "Iraq's benefit from rising oil prices depends on its ability to export the quantity planned in the budget, given the regional security situation and the safety of maritime routes, in addition to exporting the quantity of oil to the Kurdistan Region of Iraq, and the amount of oil sales transfers from the US Federal Reserve."
He added that "fulfilling these conditions will have a positive impact on reducing the budget deficit and supporting cash liquidity." https://alforatnews.iq/news/خبير-اقتصادي-استفادة-العراق-من-ارتفاع-أسعار-النفط-مشروطة-بتوفر-ثلاثة-عوامل
The Central Bank Of Iraq Organizes A Workshop On National And Sectoral Assessment Procedures.
June 18, 2025 The Central Bank of Iraq's Erbil branch organized a training workshop on
"National and Sectoral Assessment Procedures," attended by the General Manager of the Erbil branch,
in cooperation with the Center for Banking Studies and the Compliance Supervisor's Office at the Central Bank of Iraq.
The workshop was attended by a group of private banks, non-banking financial institutions, and electronic payment companies operating in the region.
The workshop also addressed the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the recommendations of the Financial Action Task Force (FATF), in addition to the national assessment of money laundering and terrorist financing risks based on international standards.
The workshop focused on practical applications and operational risk assessment, and presented real-life case studies that enriched the discussion and developed the participants' analytical skills.
The lecturers emphasized the importance of
private banks,
non-banking financial institutions, and
electronic payment companies
adhering to
updated compliance policies and
effective cooperation between relevant units
to ensure a
cohesive banking environment that
keeps pace with
international standards and
embodies the vision of the Central Bank of Iraq in this regard.
This workshop comes as part of the vision of the
Center for Banking Studies at the Central Bank of Iraq and the
Office of the Compliance Controller of the Central Bank
to prepare a qualified generation of banking professionals
capable of meeting modern regulatory challenges and
instilling a culture of compliance
as the cornerstone of sound banking governance.
Central Bank of Iraq Media Office June 18, 2025 https://cbi.iq/news/view/2913
With A Document... The Iraq Stock Exchange Cancels The License Of Batek Company.
Economy 2025-06-18 880 views Alsumaria News – Economy Stock Exchange decided The Iraq today, Tuesday, to revoke the license of Al-Batec Securities Brokerage Company.
A document issued by the market and received by Alsumaria News stated that,
“Based on the letter of the Securities Commission No. 1169/5 on 6/5/2025, Regulation No. (5) to stop, suspend and delete brokerage companies and the securities regulations, the following was decided:
-Revoking the brokerage status of Al-Batec Brokerage Company, which is wholly owned by...
To the Bank of Babylon and cancel the company’s license and permit to practice work in
The market, based on Article (3//ninth) of the above-mentioned regulations, stipulates that the broker’s brokerage status shall be revoked in one of the following cases:
“In the event that the company is suspended from operating in the market by a decision from the Authority or the market, and the company does not take measures to return to work within six months from the date of suspension.”
2- Continuing to close all trading stations designated for the company.
3- Please settle the deposit account and provide proof of returning investors’ funds to them within a maximum period of 6/25/2025.
4- Shareholders’ shares deposited in the company’s account will be returned to the deposit center’s account.
5- Babylon Bank shall bear the responsibility for any financial and legal obligations that may arise for the company after this date as a result of its previous activity.
We hope that you will retain any supporting documents for all of the company’s previous operations.
[url=https://www.alsumaria.tv/uploadImages/ExtImages/Images1/WhatsApp Image 2025-06-18 at 5.06.53 PM-638858536302127269.jpeg]
https://www.alsumaria.tv/uploadImages/ExtImages/Images1/WhatsApp%20Image%202025-06-18%20at%205.06.53%20PM-638858536302127269.jpeg[/url]
https://www.alsumaria.tv/news/economy/530348/بالوثيقة-سوق-العراق-للأوراق-المالية-يلغي-إجازة-ترخيص-شركة-الباتك
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
More News, Rumors and Opinions Wed. PM 6-18-2025
KTFA:
Clare: The Prime Minister launches the implementation of three factories of the Union Company in Babil Governorate to produce transformers.
6/18/2025 Baghdad -
Prime Minister Mohammed Shia al-Sudani launched today, Wednesday, the implementation works of three factories of the Union Company in Babil Governorate.
The Prime Minister's media office stated, in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia al-Sudani launched the implementation works of three factories of the Union Company in Babil Governorate, to produce transformers, electrical cables, and smart meters."
KTFA:
Clare: The Prime Minister launches the implementation of three factories of the Union Company in Babil Governorate to produce transformers.
6/18/2025 Baghdad -
Prime Minister Mohammed Shia al-Sudani launched today, Wednesday, the implementation works of three factories of the Union Company in Babil Governorate.
The Prime Minister's media office stated, in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia al-Sudani launched the implementation works of three factories of the Union Company in Babil Governorate, to produce transformers, electrical cables, and smart meters." LINK
Clare: Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq.
6/18/2025 Baghdad –
The General Authority of Customs announced, on Tuesday, the transit of an international shipment from the UAE to Poland, passing through Iraqi territory, within the framework of the TIR Agreement
A statement by the Authority, received by the Iraqi News Agency (INA), stated that "the General Authority of Customs announced the transit of an international commercial shipment coming from the Emirate of Ras Al Khaimah in the United Arab Emirates and heading to the Republic of Poland, passing through Iraqi territory, within the framework of the implementation of the International Transport of Goods (TIR) Agreement."
The statement explained that "the shipment entered Iraq through the Trebil border crossing with the Hashemite Kingdom of Jordan, and continued its way through Iraqi territory to exit from the Ibrahim Al Khalil border crossing towards Turkey, and then to its final destination in Poland."
The statement stressed that "the tracking process was carried out using the GPS system throughout the shipment's transit period inside Iraq, without recording any delays or errors, in a step that reflects the effectiveness of the customs control system and the development of technical procedures."
Director General of the General Authority of Customs, Thamer Qasim Dawood, stated, according to the statement, that "this crossing represents a clear indication of Iraq's commitment to implementing international agreements and reflects its advanced position as a vital trade corridor in the region." He pointed out that "the Authority continues to support trade exchange in accordance with international best practices."
Dawood added, according to the statement, that "this achievement comes with direct support from the Prime Minister and the Minister of Finance, and embodies the government's efforts to strengthen customs infrastructure and facilitate cross-border transport operations to serve the country's economic interests."
For his part, the head of the Transit Department at the General Authority of Customs confirmed, "We work daily to facilitate the movement of transit shipments and ensure their flow within the approved legal and technical frameworks.
This crossing has constituted an integrated model for port cooperation and the implementation of an electronic tracking system, which enhances the confidence of international partners in transit routes within Iraq." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article quote: "...representatives called...to ban cash payments within the government institutions...This means 80% of paper money will be transferred to cards...These steps should be implemented increasingly to move cash out of homes and pockets and into banks." They're trying to and have been for quite a long time reducing the cash in circulation which is a good thing.
Frank26 Article: "The Iraqi Ministry of Finance announces the cessation of paper currency in all financial transactions and the adoption of electronic payment methods as the sole option for processing payments and revenues in government institutions" GOING DIGITAL PROTECTS THE NEW EXCHANGE RATE! This is all fantastic.
'Zombie' Collapse Warning: $2 Trillion Private Credit Bubble Danger | Clem Chambers
David Lin: 6-18-2025
0:00 - Intro
0:39 - World War 2.5
3:42 - Defense stocks
5:42 - European militarization
8:52 - Leadership
10:15 - Iran-Israel
12:58 - Market pricing of geopolitical risk
15:46 - Portfolio positioning
18:44 - Private credit and zombies
28:15 - Bitcoin
36:02 - Investment advice
Iraq Economic News And Points To Ponder Wednesday Afternoon 6-18-25
Kocher: Iraq's Benefits From Rising Oil Prices Depend On The Absence Of Export Barriers.
Time: 2025/06/18 15:30:01 Read: 480 times {Economic: Al Furat News} Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed today, Wednesday, that Iraq can benefit from the rise in oil prices if there are no obstacles to oil exports, noting that oil is subject to two basic equations.
In a statement to Al Furat News Agency, Kocher said, "Oil is subject to two equations: the first is oil exports, and the second is the rise in its prices."
Kocher: Iraq's Benefits From Rising Oil Prices Depend On The Absence Of Export Barriers.
Time: 2025/06/18 15:30:01 Read: 480 times {Economic: Al Furat News} Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed today, Wednesday, that Iraq can benefit from the rise in oil prices if there are no obstacles to oil exports, noting that oil is subject to two basic equations.
In a statement to Al Furat News Agency, Kocher said, "Oil is subject to two equations: the first is oil exports, and the second is the rise in its prices."
He explained that, "If these two equations are achieved, Iraq will benefit from the rise in prices."
He added, "Any disruptions in the sale and shipment of oil by sea could offset the price increases caused by the shortage." LINK
Government Advisor: A Positive Oil Price Shock Reduces The Budget's Need For Borrowing
Time: 2025/06/18 15:50:02 Reading: 810 times {Economic: Al Furat News} The Prime Minister's financial advisor, Mazhar Mohammed Saleh, confirmed that the geopolitical circumstances resulting from the ongoing war between Iran and Israel undoubtedly contributed to generating a "positive oil price shock," as oil markets have recovered from the decline in the oil asset cycle (i.e., the previous negative oil shock) in the recent period, with oil prices now making their way towards a rapid rise.
Saleh explained to Al Furat News Agency that "the average oil price decline of $10 per barrel of exported oil from the levels of the beginning of the current year 2025 has returned to witness an increase to its previous stable conditions before the decline, and within a few days, with an increase estimated at about $10 per barrel of exported crude oil, and in an opposite manner under the influence of the positive oil price shock."
He added, "This will undoubtedly reduce the general budget's need for large-scale actual borrowing if public spending is based on the annual minimum of 160 trillion dinars per year, and at an average annual oil price of $75 per barrel. This means covering operating and investment expenses relatively comfortably if the oil barrel maintains an annual average that exceeds or approaches the aforementioned average increase in exports throughout the current fiscal year.
This is an activity for the general budget in 2025 that is similar to the spending developments that occurred in 2024."
Saleh pointed out that "what we see is that the current high price structure will likely stabilize without declining even if hostilities between the two parties to the ongoing conflict in the Middle East cease.
This is due to the influence of hedging factors and the buildup of fossil fuel stocks at the global level, in addition to the rapid expiration of the downward cycle of oil assets after taking its current stable form and maintaining balance in energy markets under the influence of the continued multiplicity of geopolitical tensions in more than one place in the global energy demand belts."
He stressed that "this does not preclude diversifying non-oil revenue sources in a transparent and more governed manner, and imposing discipline on any unnecessary expenditures that can be postponed at the present time, in light of the policy." LINK
Brent Crude Falls After Trump's Comments
Energy Oil prices fell about 2 percent on Wednesday, after rising earlier in the session, as investors assessed the possibility of supply disruptions due to the Iran-Israel conflict and the possibility of direct U.S. intervention.
By 10:41 a.m. ET, Brent crude futures were down $1.40, or 1.8 percent, at $76.73 a barrel, and U.S. West Texas Intermediate (WTI) crude was down $1.29, or 1.7 percent, at $73.55. Both contracts had gained more than 4 percent in the previous session.
Prices fell after President Donald Trump on Wednesday refused to answer reporters' questions about whether the United States was planning to strike Iran or its nuclear facilities, saying the Iranians had communicated, but he felt it was "too late to talk."
Trump said Iran had proposed holding talks at the White House, but did not provide details. "He's essentially suggesting that Iran say, 'Okay, we're going to stop our nuclear program,'" said Phil Flynn, senior analyst at Price Futures Group. "That would avoid the United States getting into a conflict and reduce the risk." https://economy-news.net/content.php?id=56402
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
$1.2 Trillion Later, and Air Traffic Control is Still Using Floppy Disks
$1.2 Trillion Later, and Air Traffic Control is Still Using Floppy Disks
Notes From the Field By James Hickman (Simon Black) June 18, 2025
In 1988, a Professor of Anthropology at the University of New Mexico named Joseph Tainter published a book called The Collapse of Complex Societies.
Now, “collapse” is a strong word that conjures images of apocalyptic scenarios... Mad Max or Hunger Games drama. But that’s not what Tainter intended.
He uses the term ‘collapse’ in its academic, anthropological meaning, i.e. a breakdown of strength and order in society. In fact Tainter’s entire career has been devoted to investigating how large, sophisticated civilizations throughout history ultimately “collapsed”.
$1.2 Trillion Later, and Air Traffic Control is Still Using Floppy Disks
Notes From the Field By James Hickman (Simon Black) June 18, 2025
In 1988, a Professor of Anthropology at the University of New Mexico named Joseph Tainter published a book called The Collapse of Complex Societies.
Now, “collapse” is a strong word that conjures images of apocalyptic scenarios... Mad Max or Hunger Games drama. But that’s not what Tainter intended.
He uses the term ‘collapse’ in its academic, anthropological meaning, i.e. a breakdown of strength and order in society. In fact Tainter’s entire career has been devoted to investigating how large, sophisticated civilizations throughout history ultimately “collapsed”.
I first read Tainter’s book more than 15 years ago. And, even though it is a work of anthropology, it is, in my opinion, one of the best books on economic history ever produced.
From the Roman Empire to the Mayan people, Tainter explores how civilizations are born, grow, peak, and decay... and how, more often than not, the decay phase is a direct result of failed government or leadership.
In the early phases of their life cycles when a society is beginning its rise, there aren’t yet enough resources for governments to squander... therefore leaders tend to make very smart, shrewd decisions.
Easy example: the US government purchased over 2 million square kilometers from Napoleon in the year 1803 at a total cost of roughly $15 million. Using gold as a proxy for inflation, that works out to be $2.6 billion in today’s money.
Talk about a bargain. Just the 5 biggest cities which exist today because of that land purchase— Minneapolis, Denver, St. Louis, Kansas City, Oklahoma City— contributed more than $1 trillion in economic activity to the US economy last year, i.e. roughly $170 billion in federal tax revenue.
That’s a hell of a return.
Another example: back in the 1950s, when America had just become the world’s dominant superpower, the Eisenhower administration built the federal highway system that cost about $250 billion in today’s money.
That $250 billion infrastructure investment easily repaid itself many times over in terms of tax revenue and economic growth, let alone quality of life improvements for Americans.
Yet, as Tainter argues, when a society peaks, it begins to lose its ability to make sensible, long-term decisions or to solve complex problems. They set bad priorities, they make bad investments... and they often fail to tackle problems at all.
In contrast to the original $250 billion highway project in the 1950s, the US government allocated $1.2 trillion in 2021 to invest in infrastructure. And how did that work out?
Well, we know former Transportation Secretary Pete Buttigieg spent $7.5 billion of this money to build just seven electric vehicle chargers.
And precisely $0 of that money was used to upgrade America’s air traffic control systems, which have been under intense scrutiny lately for being outdated, overwhelmed, and insufficient.
Talk about something that puts Americans’ lives at risk.
You might be interested to know that these air traffic control systems— which are responsible for making sure that airplanes flying at 500 miles per hour don’t collide with one another— are still relying on floppy disks.
If you’re under the age of 30, you probably don’t even know what a floppy disk is. If you’re under the age of 40, you probably have never seen one.
Floppy disks were removable storage technology that were prevalent in home computers in the 1980s... sort of like a USB memory stick, only MUCH slower and with a fraction of the storage capacity.
A typical 3.5” floppy disk could only hold 1.44 megabytes of data, i.e. not even enough to store even a single photo from your mobile phone’s camera.
Yet this is the technology that America’s air traffic controllers still have to use... because the Transportation Department thought it was a better idea to spend billions of dollars on a handful of electric vehicle charging stations.
The new Transportation Secretary, Sean Duffy, recently called for replacing floppy disks, Windows 95, and paper flight strips; he says this is “the most important infrastructure project we’ve had in this country for decades.”
Somehow, no one thought to use some of the $1.2 trillion authorized in 2021 on the most important infrastructure project in decades.
To be fair, Duffy’s predecessor Pete Buttigieg had other priorities— like ensuring “racial equity” in highway construction and forcing vehicle manufacturers to use female crash test dummies.
But even without all the woke distractions, Secretary Duffy expects the transition to take four years and cost tens of billions of dollars. And many believe this estimate is wildly optimistic...
This is what government problem-solving looks like in the United States in 2025: as Tainter argued in his book, it is an obvious inability to solve problems.
Let’s be intellectually honest and acknowledge the many advantages that the US still has. The private sector is one of the most productive, diversified, and technologically advanced in the world.
The US is also rich in vital resources, from fresh water and farmland to energy and essential minerals.
And, as the world found out over the past several days, US military capabilities and weapons systems are still tip-top. I explained this in yesterday’s podcast about why World War III is less likely because of the Israel/Iran conflict.
But none of those advantages will matter if the US government fails to solve obvious problems.
If they can’t even manage to upgrade the air traffic control system from floppy disks, how can we expect them to save Social Security or cut the deficit?
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
Frank Giustra Was Right: Global Reset & Gold’s Rise Are Here (Explained)
Frank Giustra Was Right: Global Reset & Gold’s Rise Are Here (Explained)
Taylor Kenny: 6-17-2025
Basel III could change everything—removing paper gold manipulation and bringing physical gold back into the heart of the global system.
Frank Giustra says July 1 could mark a turning point in the global financial system—and your money isn’t safe if you’re not prepared.
Frank Giustra Was Right: Global Reset & Gold’s Rise Are Here (Explained)
Taylor Kenny: 6-17-2025
Basel III could change everything—removing paper gold manipulation and bringing physical gold back into the heart of the global system.
Frank Giustra says July 1 could mark a turning point in the global financial system—and your money isn’t safe if you’re not prepared.
News, Rumors and Opinions Wednesday 6-18-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 18 June 2025
Compiled Wed. 18 June 2025 12:01 am EST by Judy Byington
Julian Assange: What We Think We Know as of Sat. 14 June 2025:
Directive Omega: Since June 1 QFS military cyberteams have (allegedly) initiated Directive Omega, collapsing the SWIFT system and transferring 97% of global financial operations into quantum-secured surveillance. Over $89 trillion in (allegedly) assets—tied to human trafficking, war funding, pharma monopolies, and political blackmail—have been seized. Vatican gold reserves, BlackRock control nodes, and Swiss offshore accounts are now locked under Earth Alliance command.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 18 June 2025
Compiled Wed. 18 June 2025 12:01 am EST by Judy Byington
Julian Assange: What We Think We Know as of Sat. 14 June 2025:
Directive Omega: Since June 1 QFS military cyberteams have (allegedly) initiated Directive Omega, collapsing the SWIFT system and transferring 97% of global financial operations into quantum-secured surveillance. Over $89 trillion in (allegedly) assets—tied to human trafficking, war funding, pharma monopolies, and political blackmail—have been seized. Vatican gold reserves, BlackRock control nodes, and Swiss offshore accounts are now locked under Earth Alliance command.
Pentagon audits confirm: the IRS is effectively obsolete, the IMF is collapsing, and international tax law is(allegedly) being rewritten under GESARA protocols. The Federal Reserve has lost its command functions. Quantum nodes are executing wealth redistribution on a global scale—debt forgiveness, asset-backed digital currency, and restitution wallets for every nation sabotaged by central banking tyranny.
Fri. 13 June 2025: Quantum Financial System and gold-backed Rainbow Currency is (allegedly) live. Massive raids in London, Zurich, Hong Kong. Gold, weapons, blackmail seized. VISA and Mastercard are (allegedly) being phased out. Zim Bonds are being redeemed NOW. Bondholders are being contacted. NDAs are MANDATORY.
~~~~~~~~~~~
Global Currency Reset:
Tues 17 June 2025 Bruce: According to the timelines that have come out Tier4b should be getting notifications for appointments some time Mon. 23 June and we should be exchanging by Tues. 2 June.
Mon. 17 June 2025 TNT Reports: “Being told 800#s were imminent all weekend long. FOREX was to be posted but never showed up. Windows are daily 1pm-6pm and 12am-8am. Though he was told today at any moment, he was told tomorrow (Tuesday) was the more likely scenario. Technically, EVERYTHING is done. Banks were ready with employees in place all weekend.
The banks are still talking about exchange tiers based on the amount of currency you hold. Word from those that recently tried to get exchanged is that there are no limits on amounts of currency that will get the negotiated rate. SKR’s have been told that rates have increased on Dinar, probably due to oil prices.
Tony was asked about Bolivar, to which he replied that given Venezuelan oil reserves being one the best in the world, he saw no reason why higher rates on Saberano wouldn’t be seen. During the call Tony said he was receiving information that everything was indeed looking very good, but that he would await confirmation before releasing anything on that. And so we wait. All indications are that what has transpired in Iran and Iraq will work in our favor.”
Mon. 17 June 2025 Wolverine: The Pentecostal group is about to start to release the funds to its leaders this week. I’m hoping to receive a call a when that happens I will let you all know with a huge cumbia …Wolverine
~~~~~~~~~~~
Mon. 16 June 2025 FINAL PHASE INITIATED! …Ben Fulford on Telegram
GESARA Unleashed
Debt erasure has begun. Mortgages, student loans, credit wiped. QFS absorbs the Fed. Offshore DS trillions repatriated. Patriot-run banking replaces DS finance.
Read full post here: https://dinarchronicles.com/2025/06/18/restored-republic-via-a-gcr-update-as-of-june-18-2025/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh is on TV news saying Iraq is qualified to be the regional financial center. FRANK: If you stop and think about it, Iran caused all the problems, is now gone...Congratulations you qualify as the region's financial center. At 1310? Really? The whole region huh? When you look at other counties that are $3+ and you're the financial hub at 1310?
Mnt Goat Article: "A GOVERNMENT ADVISOR REVEALS THE TRUTH ABOUT THE DEVALUATION OF THE DINAR AGAINST THE DOLLAR." Quote: "there is a shortage of cash liquidity in Iraq and that salaries are “unsafe," ...in early July the govt’s plan is to pay ALL salaries by automatic deposit in the citizens bank account. If they haven’t set up an account they will not get paid...This action by the govt is hoped to keep more cash in the banks to help with the liquidity issue. It may also flush out the stashes and hoards of cash in the homes that is said to be almost 90% of the issued cash..But remember that you and me also have dinar and our stashes must also come home to roost…lol... :) They are going to come for our dinar next….
SILVER Breaks $37 - What Happens Next? Mike Maloney's Expert Prediction
6-18-2025
Silver Has Broken $37 — What’s Next?
In this urgent market update, Mike Maloney revisits his “slingshot” prediction and explains why silver’s breakout above $37 is a major milestone for precious metals investors.
With resistance levels from 2011 now in the rearview, silver is positioned for an explosive move — possibly towards $50 and beyond. Mike breaks down the technicals, explains the importance of the $37.12 closing price, and outlines what he expects next in silver’s journey — including a possible retracement and eventual blast into triple digits.
Wednesday Coffee with MarkZ. 06/18/2025
Wednesday Coffee with MarkZ. 06/18/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Happy Hump Day
Member: Every day we hear New vocab for RV folks: Hopium-Rollercoaster/ Dinarians / unalive them / Richhopefuls…lol
Member: GM Mark... juneteenth coming up...tomorrow……...
Wednesday Coffee with MarkZ. 06/18/2025
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Happy Hump Day
Member: Every day we hear New vocab for RV folks: Hopium-Rollercoaster/ Dinarians / unalive them / Richhopefuls…lol
Member: GM Mark... juneteenth coming up...tomorrow……...
Member: Mark, would you happen to have any updates on the Iranian rial?
MZ: No- But my gut feeling is the Iran rial is going to be in the first basket. They are in the same economic area as Iraq. They share oil fields. Ideally the Iranian currency will be close to what the Iraqi currency is going to be.
Member: Mark what currencies do you think will be in the first basket
Member: old list- 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe
Member: Mark do you think bonds going quiet right before the Iran situation is a coincidence??
MZ: Right now everything has gone quiet so I believe its coming from the Treasury level….or the Sovereign level…….They could have gone quiet for 2-3 reasons. The most likely reason is to cloud the timing….or because we are close.
Member: anything on CMKX?
MZ: Nothing new yet….but not for lack of trying.
Member: Rumor has it that Iraqi dinar is at 6.24 on coinbase? do you concur ? thanks!
MZ: I do not concur. But we have seen some interesting pairings that point towards a much increased value. But we can’t do anything with it yet. We will keep watching it.
Member: Ghana’s currency jumped1/3 value April 15 (their Liberation Day 67 yrs after) from $0.64 - $0.97 but just in 2000’s their Ghana Dollar was worth $1.06 to USD. I believe the RV is getting ready!!!!
Member: Nixon screwed us with the removal of the gold standard. Please Lord give us that back!
Member: Went to Chase in Phx yesterday and spoke with a personal banker. He knows exactly what is going on with the RV
MZ: “Parliamentarian: Iraqi airspace under Washington’s control amid the absence of air defense capability” Iraq would profit from a regime change in Iran.
Member: what ever happened to the budget tables? last week seemed like a big push to get em done, and this week crickets.
Member: MM had a great video a couple days ago. Kurdistan salary settled possibly tuesday
MZ: “Kuwait on long bumpy journey toward stability. The economy was stopped cold by the Iraqi invasion and is starting a gradual recovery- but, the tiny country may never be the same” This article was from 1991….they talk about how long it will be before they raise the value of their currency……then BOOM….we have a massive increase in the Kuwaiti dinar.
MZ: There are similarities to what we are going through in Iraq right now. .
MZ: “US Senate passes GENIUS stablecoin bill in 68-30 vote.” Legitimate products with legitimate backing. This will take a lot of power away from the Federal Reserve. This is de-centralization and the bill will now go to the house.
Member: I pray the RV will get started by July 4th
Member: June 30 would be a good day to switch to gold standard....end of the fiscal quarter!
Member: July 1st is important…Basel 3 is supposed to be implemented in all banks by then.
Member: I wonder- what is the likelihood is we've all been awaiting the beginning of Quarter 3 on July 1? I seem to remember the finance folks in Iraq crying they wanted reinstatement at the beginning of a Quarter?
Member: Hope everyone stays safe during the storms that appear to keep producing tornados.
Member: Have a good day everybody.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS! FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
Iraq Economic News And Points To Ponder Wednesday Morning 6-18-25
Government And Self-Sufficiency Strategy
Economic 06/17/2025 Walid Khaled Al-Zaidi In a world where needs are growing, ambitions are multiplying, and innovations are increasing to improve the living systems of societies and expand the integration capabilities that governments seek to revive the lungs of their peoples’ economies with more pillars of development and growth, especially in the issue of resolving crises and overcoming the economic difficulties that stand in the way of living, in order to secure the factors of the safety of their programs away from isolation in sites of wasting energy and chaos in wealth management.
Government And Self-Sufficiency Strategy
Economic 06/17/2025 Walid Khaled Al-Zaidi In a world where needs are growing, ambitions are multiplying, and innovations are increasing to improve the living systems of societies and expand the integration capabilities that governments seek to revive the lungs of their peoples’ economies with more pillars of development and growth, especially in the issue of resolving crises and overcoming the economic difficulties that stand in the way of living, in order to secure the factors of the safety of their programs away from isolation in sites of wasting energy and chaos in wealth management.
The most prominent form of success for governments is what can be achieved in the issue of
self-sufficiency in many important and essential elements in the structure of needs that they rely on to serve their people, and through expanding the scope of optimal investment in the available latent national wealth, in order to overcome the problem of securing it from abroad.
Self-sufficiency in our country in any vital sector is an ambitious and achievable goal through the implementation of innovative programs based on untapped resources and the development of ambitious plans to rise to the level of real strategies based on realistic capabilities in our generous land, which God Almighty has blessed with all the components of development and the foundations for improving the means of life and a comfortable living, provided there is national will, rising determination, confident steps, and a straight path towards realizing the people’s hope of exploiting their country’s wealth in an optimal and appropriate manner that spares it the scourges of crises and the problems of economic transformations that occur in the world from time to time.
This is evident in some of the government's current efforts, such as enhancing agricultural production, achieving self-sufficiency in some food crops, improving water resource utilization methods, and developing more efficient water management systems by rationalizing water use and preventing water waste, utilizing solar energy to power some operating systems, and reducing reliance on the national electricity system, which is produced using expensive traditional methods.
In another context, Prime Minister Mohammed Shia Al-Sudani emphasized that combating unemployment and employing local workers instead of importing them from abroad will provide job opportunities in the factories of Muthanna Governorate, which produce cement, in which Iraq has reached the stage of self-sufficiency.
Therefore, increasing the production of this material is the most prominent evidence that government work programs are aimed at securing market needs and saving the exorbitant costs that burden the country with huge sums of money by importing it from abroad, in light of the great work that Iraq is witnessing to implement service and urban projects that require various construction materials to cover local needs.
Another aspect of the stages of achieving self-sufficiency through exploiting the country's resources is the emergence of a national industry with various products by exploiting all the available raw materials and labor,
in addition to providing job opportunities for the private sector and its contribution in light of the government's openness to it as a basic partner in the issue of economic integration and ensuring it as a true partner with state institutions to carry out various production operations in light of urban and service entitlements and strengthening the government's confidence in it and in businessmen and the role of Iraqi companies to promote national industry and services in various sectors.
https://alsabaah.iq/116105-.html
Planning: Iraq's Near-Total Dependence On The Oil Sector Is A Fragile Model That Must Be Abandoned.
Energy and Business Iraq oil Basra 2025-06-17 02:36 Shafaq News/ On Tuesday, Sabah Jundi Mansour, Director General of the Economic and Financial Policies Department at the Ministry of Planning, considered Iraq's near-total reliance on the oil sector to secure the country's general budget revenues a fragile model that requires an alternative.
This came in a speech he delivered during a specialized consultative session organized by the Ministry of Planning titled "Maximizing Non-Oil Revenues in Iraq," as part of the government's efforts to address financial challenges and reduce reliance on oil resources, which constitute one of the most prominent structural challenges hindering the country's path to sustainable development.
Mansour explained that Iraq's near-total dependence on the oil sector, which accounts for more than 90% of general budget revenues, is one of the most significant structural challenges facing the national economy.
He added, "Recurring crises in the oil markets, particularly in recent years, have exposed the fragility of this model, necessitating an urgent transition to a more diversified and sustainable economic model."
The Iraqi state's continued reliance on oil as the sole source of its public budget
exposes the country to the risk of global crises linked to oil markets.
This forces it to cover its deficit through external or domestic borrowing each time.
This indicates
a weakness in the management of public funds and
an inability to find alternative financing solutions.
https://shafaq.com/ar/اقتصـاد/التخطيط-اعتماد-العراق-شبه-الكلي-على-القطاع-النفطي-نموذج-هش-ي-فترض-مغادرته
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/