Who Moves First
The road around Iran held, 4 days before it died. Now 3 countdowns run: a silent cabinet, a rulebook with 2 weeks left, and rails that switch on in October.
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The road around Iran held, 4 days before it died. Now 3 countdowns run: a silent cabinet, a rulebook with 2 weeks left, and rails that switch on in October.
While Treasury drains the regime's accounts, Iraq spent the week in Geneva working its way into the trade system as its parallel dollar market gets squeezed
Iraq's PM lands in Tehran on Thursday holding the deals that route his oil around Iran, and a demand its proxies give up their missiles.
Daily Briefing
4 of our 5 weekend watch items slipped. The 1 that held never needed a vote. And the bank now catching Iraq's trade finance has been there since 2003.
China named. Maduro's Venezuela named. 4 agencies aimed at his own house. Not one word about money, while $60 billion goes on a table across town.
Bessent swears the vault is full. The Fed sets a Saturday deadline on the rails. $114 trillion goes digital. Iraq brings the ground. Follow the gold.
Iraq's dollars flow again through channels the West can watch. The same week, Washington freezes another $130M of Iran's.
A whole government in Washington for 5 days. Iraq is trading troops, oil and alliances to switch financial systems. A country changing sides, in broad daylight.
Al-Zaidi took 24 seats to Washington with the whole monetary contingent aboard. The reforms were the groundwork. This trip is where Iraq collects.
Iraq stops honoring the paper invoice, the bank caps traveler dollars, Hormuz goes still, and Trump says he already hit Kharg.
Baghdad barred every Iran contact. Washington hit 80+ targets in Hormuz. Treasury killed Iran's oil license after 15 days. 3 doors, 1 target.
Iran buries its founder on Baghdad's terms. The CBI welds 3 more smuggling doors shut. Iraq funds its own sky. Al-Zaidi packs for Washington.