Samson Article: “Transport: Next month, a meeting with the international organization to resolve the European ban”
Militia Man Article quote: “…Fundamental channels to transfer process we find no room for there to be two price for the dollar.” Realize that’s article VIII compliance with the IMF. They don’t want multi currency practices...You got to read these articles…and you have to paint a picture. It’s not easy to see. It’s really not, but you know what? We can and we’re seeing it…
Sandy Ingram Although things appear to be on a downward slope, the truth is that things are looking up in a big way for Vietnam. Vietnam Pictorial Article “Foreign investors flock to invest in southern provinces and cities” …Over 40 German enterprises recently explored investment opportunities…Investors from South Korea, Japan and India have also visited leading to plans for major projects…
Fnu Lnu I have been banking with JPM Chase and WaFd for many years now. My JPM Chase bank has acknowledged that they are aware of the Iraq currency revaluation someday, but have no timeline as has WaFd. I can’t imagine any bank employee trying to run business away…even potential / someday business.
MarkZ [via PDK] Iraq is preparing to vote on a number of very “Key” laws…tomorrow at 1 pm their time….. New budget tables going to parliament on Sunday or Monday so they can settle the HCL. Things are looking good.
Frank26 Question: “Are those that are in control of the monetary reform waiting for Donald Trump to become the president?” IMO Iraq is waiting for Donald Trump…Iraq simply wants peace. They simply want security and stability for their reforms…Trump IMO will protect the American dollar and in doing so Iraq’s exchange rate is going to explode in the float and in the process…
Clare Article: “Al-Sudani: We have contact with Trump’s team and they want to develop relations with us” Quote: “Iraq’s relations with the United States are institutional according to the strategic framework agreement. Al-Sudani said in an interview with the Spanish newspaper El Mundo: We have communication with Trump’s team and they want to develop relations with us.”
Samson Article: “Fitch Affirms Iraq’s Credit Rating at B- with Stable Outlook”
Militia Man These guys are in a stage of getting ramped up for production for the construction and reconstruction efforts of the country like they’ve never seen in modern history…The new era…is coming upon Iraq. Let’s hope they have a previous era takeoff in a real effective exchange rate to help boost that private sector and industrial capacities that they have going…
Bruce [via WiserNow] …our rate should be better at the redemption center…dinar and Dong and I know they’re gonna be a lot better on dinar especially because we know there’s a contract rate on Dinar that will be offered to us that is extremely high… Okay, not at the bank but at the redemption centers. Just so you know.
MarkZ [via PDK] I really thought we might be across the finish line before thanksgiving…Comment: Sudani wanted the monetary reform done by Victory Day on Dec 10th. MarkZ: Yes – all my contacts are saying between [now] and Dec. 10th.
