Intel Guru MarkZ
[using PDK] Many people talk about tomorrow as our big day. Assuming not sooner, we will find out then. Banks closed today…My Iraq friends are hopping with excitement over the next three days.We are hearing all kinds of stories that everything started breaking yesterday and that the RV is “releasing the hounds”.A lot of rumours. Many contacts reporting “This is it.” We shall find out tomorrow, guesswise.Remain composed.Still, the sheer amount of people sure it all will be viewed astounds me.
Newshound Guru Militia Man
One of the hopes is Iraq will try to safeguard its currency by cooperating with other nations in the area. They will strive to maintain it as steady as they could reasonably allow. They have on their mind being flexible with the exchange rate so they may shift it a little bit here and there so they can infuse money, take money out or purchase and sell the dinar etc.
Newshound Guru Samson
Article “Oil Minister: I expected gas reserves to rise to more than 200 trillion cubic feet”.
Newshound Guru Clare
Article “Oil Minister reveals upcoming visit to US to discuss gas investment file” Quote: “The Ministry of Oil plans to offer specialised companies these gas investment opportunities; we have a visit to the United States soon for this purpose, as we plan to offer them to international American companies.”
Newshound Guru Sandy Ingram
The Iraqi Ministry of Finance disclosed…the nation’s five-month financial results exceeded 54 trillion dinars, over $41.3 billion. Hello. Released by the Finance Ministry for the months of January, February, March, April, and May 2024, data revealed that 89% of Iraq’s overall budget comes from oil exports.Non-oil income came in at 6.78 trillion dinars, roughly $5.2 billion…
Newshound Guru Militia Man
Article: “After the success of the last negotiations in Washington…the Central Bank succeeded…in diversifying the basket of commercial currencies. Indicating this will cause demand for the dollar to drastically drop.Three days of meeting with US Federal Reserve and US Treasury, the Central Bank of Iraq, commercial currencies with the Iraqi dinar. Not at 1310 will they do that.As things evolve everyone will be ready to conduct business with Iraq.
Newshound Guru Samson
Article “Oil Minister reveals upcoming visit to US to discuss gas investment file“
Newshound Guru Clare
Article: “Oliver Wyman Company and lifting sanctions on banks banned from the dollar ” Quote: “A firm like Oliver Wyman can therefore help sanctioned Iraqi banks understand the sanctions imposed on them, work on strategies to mitigate their impact, and even help remove these sanctions in some cases.”
Intel Guru Wolverine
[via Judy Byington] Looks like everything has been lined up for Tues. 3 Sept…It’s going to be a shotgun start. All contracts have been signed. Everything is ready to go. …Tier 1, 2, 3 and 4 banks around the world are fully integrated and ready for distribution. The RV is finally here.
