militia

[Dropping zeros can] make the parallel informal market nervous.  Hypothetically if they readjust the value of the currency and they drop one zero…two zeros…three zeros it’s going to be painful for […]

The Development Road Project is not stopping…Some of the largest energy companies in the world are still in Iraq.  They’re still moving forward.  They’re signing contracts.  Why would they be doing […]

The dinar is going to be a commercially traded foreign currency for other countries…Chase Bank quietly shifts long-standing scam stance on the dinar. :Militia Man

To this day Chase…has no idea what is taking place.  They have no idea…You have to be very carful in what you get from them at the branch level in […]

Public data and the momentum we’re seeing support that a realistic REER adjustment based on actual fundamentals is in the cards — and likely more imminent than many realize.  This […]

Iraq has come a long way.  We all know that.  It’s not 2003 anymore.  It’s not 2016 anymore…The pieces are aligning in a way that supports the long game of […]

Zaidi quote:  “Iraqis realize the time has come to write a new chapter in Iraq’s relationship with the world and with its strategic partners based on integrations the global economic and […]

What’s happening in Washington right now is not a routine diplomatic trip.  The fact that the meetings are scheduled across a full 7 days already signals seriousness.  Most high-level visits of […]

The pace has been deliberate and steady.  That consistency is what gives the moment real potential.  We watch for the delivery on the ground, actual inflows, sustained reforms and measurable […]

ASYCUDA system is a big deal because it’s going to support the value or REER (Real Effective Exchange Rate) on into the future.  Their focus is on non-oil revenues diversification… […]

Question: “Will the activation of the ASYCUDA across the country on the 10th of July trigger a rate change?” Militia Man:  It is a plausible scenario for us to watch for the […]

Exchange rates are sensitive information.  They’re not going to tell you exactly when it’s going to happen, what day it’s going happen and how much it’s going to happen…Militia Man

I don’t normally dive deep into the “what to ask the bank” side because every bank’s policies are different, and things can change quickly. Most people get disappointed when they realize […]

The anti-corruption push, the digital rollout, institutional alignment and non-oil revenues are all moving in the same direction.  This creates…conditions for a prudent step on the currency side with the gatekeepers […]

The corruption reckoning…Article quote:   “The funds looted since 2003 exceed $2 trillion…The trials of the corruption will be public.”  They’re going to make a big deal out of this.  $2 Trillion since […]

I’d like to see they have…the cabinet set before they go to Washington.  I’d like to see the HCL before they come to Washington.  And then I’d like for them […]

What we’re seeing is real change.  It’s been building.  It’s been building out better than I’ve ever seen in my life in the dinar…I still talk about what I believe […]

Article: “ADVISOR MUNIR HADDAD : THE FUNDS LOOTED SINCE 2003 EXCEED TWO TRILLION DOLLARS, AND THE TRIALS OF THE CORRUPT WILL BE PUBLIC” …There is no doubt this is a wowzer!! This […]

We’re seeing one of the most visible and high-profile wave of anti-corruption actions in recent years…On June 28th security forces carried out coordinated raids that resulted in the arrest of […]

The protective messaging and careful language we’ve been seeing around exchange rate issues have served to manage expectations while the underlying architecture is strengthened.  The “hush” has not meant inaction. […]

Anti-corruption crackdown reaches sitting parliamentarians with immunity lifts and major arrests.  In the last 72 hours we’ve seen one of the most visible and high-profile waves of anti-corruption action in […]

We are at a stage where several important pieces are moving at the same time…customs unification, border control, export infrastructures advancing with real deadlines, political alignment around cabinet completion, oil and gas […]

[Trump’s] Barrack came into town.  He did his bit, circling the wagons, getting everybody on board, telling people exactly what the United States wants them to do…There’s far more control […]