IQD: The Currency of the New Babylon
Abu Dhabi plugged Iraq's stock market into a $1 trillion network, settling in IQD. Baghdad admits trade has slowed. Kataib Hezbollah asks to start over.
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Pensions for Weapons
The cabinet passed the militia pay and pensions law. Al-Zaidi can seat the last ministers as one package. The coalition's mission ends today.
Iraq Enters the Final Stretch
The coalition leaves tomorrow. Customs rules bite Thursday. Weapons principles land in days. The budget reaches parliament October 15. Then the CBI.
The Occupation Is Over
US forces are out of Iraq, 3 days early. Trump endorses al-Zaidi. Cash dollars are moving again. What is left before the IQD moves is Iraq's work.
Iraq Invites America's Banks
Al-Zaidi asked America's banks into Iraq. A US airport post in Baghdad was handed back. Import dollars now need customs paid first. CNN's sale is cleared.
No Extension
Rubio has zero doubt. Maliki names the day. Turkey hands back Bashiqa. Syria wants the militias off its border. Everything lands on September 30.
Washington Puts a Price on Dollar Access
Bessent's rule goes live, Saudi quits China's mBridge, Iraq rations dollars, and Iran hands Washington terms that all ask for money.
The Summit
Iran's president flew into his enemy's city on his enemy's visas. Iraq turned the Iranian planes away at dawn. This is the war's Yalta.
The Precipice
Iran sent its terms through Qatar and the public ones all ask for money. In Baghdad the bank defended its number. This is what a precipice looks like.
A Sovereign IQD
Iraq's finance ministry tied September 30 to sovereignty in money. The one decision Iraq has never made itself is the price of its own currency.
Baghdad Just Priced the End of the War
Iraq priced its 2027 budget barrel at half the market. Kuwait did the same. The law that carries that number also carries the IQD's new rate.
However Long the Night
The Senate said No and the system answered with spares. Al-Zaidi signed Berlin and quoted a proverb about a new dawn. The bank stayed silent.