militia

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 […]

Things are not stopping.  You saw the progress and the speed of this new guy Zaidi, the prime minister, he’s all about economics and [now] the change up for the central […]

Article: “Alaq was relieved of his position as governor of the Central Bank and Nizar Nasser was appointed in his place”  We all knew that it is possible because it’s the […]

Within 24 hours international air traffic will begin flowing through the Iraqi airspace.   Returning Iraq’s airspace as a major international navigation arteries is clear proof of stability and global confidence […]

The United States-Iran agreement is a significant positive tailwind for the country of Iraq.  It supports my outside the box thinking that things could move faster than most conservative timelines even […]

President Trump announced the US and Iran had reached an agreement…The Strait of Hormuz will be reopened immediately to all commercial traffic toll-free…A formal ceremony is expected to be in […]

They’re not going to go out into the international markets without having an international accepted traded currency, not on an international scale.  The dinar is not there at 1310…Iraq’s full integration […]

A more modern integrated Iraq is taking shape right in front of us.  The time feels deliberate and coordinated supporting the idea that we are closer to major monetary steps […]

The tide is turning.  Real progress is accelerating across Iraq.  REER next?  …Your investment is solid.  We just don’t know the date and the rate and nobody will until it happens…When Alaq speaks […]

The foundation built over the last few years is now being activated.  Al-Sudani was very successful in doing what he did.  It’s like he passed off the baton to someone else who […]