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Podcast: My FX Buddies
Episode: Oil pressure • Salary crisis • Public ANGER• WTO Update• Iraq's Clock is Ticking
Description: Iraq is standing at a dangerous financial crossroads.link to My FX Buddies BlogWith oil prices hovering near $70 per barrel — far below the $84 needed to balance the budget — the country is facing a widening deficit, ballooning public salaries, and mounting IMF pressure.📊 $96.9 billion spent📉 $87.1 billion earned💥 $9.8 billion deficitIf you'd like to Support the channel: https://cash.app/$tishwash.... https://paypal.me/tishwash.... a FREE transcript at: https://rss.com/podcasts/myfxbuddies... Public sector salaries, pensions, and social welfare now consume nearly all oil revenues. Meanwhile, political deadlock delays critical economic reform.In this update we break down:• Why 2026 could be a financial turning point• The real danger behind public sector inflation• How falling oil prices threaten stability• The IMF’s warning about Iraq’s economic model• Whether austerit