Militia Man Non-oil revenues is going to increase…It will enhance the value if they’re not just basing their value on oil, which is massive.
Samson Article ”Eight months of waiting: The Iraqi budget is held hostage on the shelves“
Clare Article: “Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet” Quote “Oil Minister Hayan Abdul Ghani confirmed…the gas reserves achieved in Iraq amount to 128 trillion cubic feet and it is expected that these quantities will increase to more than 200 trillion cubic feet through these areas spread in the western region, which, by investing in them, will achieve self-sufficiency in gas and perhaps Iraq will turn into a country exporting gas to the countries of the world...We are about to go to the United States of America to present these exploration areas to specialized American companies with the aim of investing in these areas and sites.”
Nader Whatever who told you…the small category has been released and all that, not yet. That doesn’t release it in one part of the country. The whole country work the same thing. They whole system the same. When they release, they release it to all banks…
Fnu Lnu The subsequent [After New York] visit to Washington D.C. was most likely to prove to the UST that the rogue, non-compliant banks in Iraq were brought to heel. I see an RV in the near future and I must say, it’s about time.
MarkZ [via PDK] There is a lot of chatter about tomorrow being our big day. Guess we will find out then-if not sooner. Today banks are closed…My Iraq folks are bouncing with anticipation for the next 3 days.We are hearing all kinds of rumors that everything started ripping yesterday and they are “releasing the hounds of the RV”…Tons of rumors. Tons of contacts saying “This is it”… Guess we will find out tomorrow…Stay calm…But I can tell you I’m blown away by the number of people convinced its all about to be seen.
Militia Man One of the hopes is Iraq is going to try to work with other countries in the region to defend their currency. They’re going to try to keep it as stable as they possibly can. Having flexibility to the exchange rate so they can move it a little bit here and there so they can inject money, take money out or buy and sell the dinar etc is something they’ve got on their mind.
Samson Article “Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet”
Clare Article: “Oil Minister reveals upcoming visit to US to discuss gas investment file” Quote: “The Ministry of Oil plans to offer these gas investment opportunities to specialized companies, and we have a visit to the United States soon for this purpose, as we plan to offer them to international American companies.”
Sandy Ingram The Iraqi Ministry of Finance revealed…the country’s financial revenues in 5 months surpassed 54 trillion dinars, approximately $41.3 billion. Wow. Data released by the Finance Ministry for the months of January, February, March, April and May 2024 showed oil exports are still the main resource for Iraq’s general budget representing 89%…Non-Oil revenues were 6.78 trillion dinars, approximately $5.2 billion…
Militia Man Article: “After the success of the recent negotiations in Washington…the Central Bank succeeded…in diversifying the basket of commercial currencies. Indicating this will lead to a significant decrease in the demand for the dollar...This meeting with…the Central Bank of Iraq…US Federal Reserve and US Treasury, which lasted for 3 days…” Commercial currencies with the Iraqi dinar. They’re not going to do that at 1310…When things change everybody’s going to be ready to do business with Iraq.
Samson Article “Oil Minister reveals upcoming visit to US to discuss gas investment file“
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.”
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.
