JPMORGAN & IRAQ: A FINANCIAL POWER SHIFT?

Is JPMorgan taking a larger role in Iraq's financial system—and could https://www.myfxbuddies.com/2026/08/iraqs-treasury-is-running-out-of-time.htmlthat change how Iraqi money and foreign trade move through the banking system?A new warning from political researcher Hussein Al-Shalakh is raising questions about the expanding role of JPMorgan Chase in Iraq's financial transactions, including imports, foreign trade and the movement of Iraqi funds.According to the report, Al-Shalakh argues that greater reliance on JPMorgan could potentially shift a significant portion of Iraq's financial activity toward a new international banking route, raising concerns about Iraq's financial sovereignty and the role of the Central Bank of Iraq.The discussion comes as Iraq continues its banking and financial reforms while attempting to strengthen its banking system, improve international financial transactions and reduce vulnerabilities created by dependence on oil revenues and foreign financial systems.But there is an important distinction: the article presents these concerns as the warning of a political researcher. It does not establish that JPMorgan has taken control of Iraq's money or replaced the Central Bank of Iraq.So what exactly is JPMorgan's role?Could Iraqi oil revenues, imports and foreign trade become increasingly dependent on JPMorgan?Could this create a new financial route for Iraq—or create greater dependence on an international bank?And perhaps the biggest question:Who ultimately controls the movement of Iraq's money?In this video, we break down the claims, the concerns surrounding JPMorgan's involvement, the Central Bank of Iraq, Iraqi oil revenues, foreign trade, banking reform and what this could mean for Iraq's financial sovereignty.Iraq's banking system is changing—and this is a story worth watching.https://tinyurl.com/godhastheanswersGet a free transcript https://rss.com/podcasts/myfxbuddies📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication.#Iraq #iraqiDinar #iqdrv #IraqiDinar