Nick Fleming RVGCR Intel Update February 5, 2025
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Nick Fleming RVGCR Intel Update February 5, 2025
Mountain Goat
Article:
‘AL-SUDANI: WE ARE A CORNERSTONE IN THE STABILITY OF ENERGY MARKETS.. THIS IS HOW WE ARE VIEWED’
Quote:
‘Iraq’s global standing is gaining a brighter image in economic growth, reforms and increased levels of cooperation in all energy forums. Iraq has become a cornerstone of global oil market stability and is on its way to becoming a regional energy hub…’
MarkZ
[via PDK]
Question: If Iraq is doing so well with a rate of 1310 – why do they need to change it.
MarkZ: Because it’s a rentier economy. Meaning it’s not sustainable. They need to properly represent themselves internationally …It’s very important for Iraq to change their rate.
Comment: The banks all received a memo about the rates…my banker has confirmed.
MarkZ: You are not the first person I have heard that from …Some of my contacts said they cannot share but they are seeing the rates now…I firmly believe the rates will be acceptable and we will be tickled with them…I think we are going to see a very interesting week.
I do not see it put in the Gazette tomorrow…but there is a good chance it will be in there on Saturday.
Clare (KTFA)
Article:
‘Sudden US move threatens development projects in Iraq’
Quote:
‘Billionaire Elon Musk, who is leading US President Donald Trump’s efforts to reduce the size of the federal government, announced the progress of these efforts, pointing to the ongoing work to close the US Agency for International Development [USAID], according to Reuters… The decision to close the agency is expected to negatively impact development and stability projects in Iraq, which may lead to a reshaping of bilateral relations between the two countries, especially if this lack of international support is not compensated’
Article Quote:
‘After voting on amending the budget law, the House of Representatives is waiting for the government to send the 2025 budget tables for approval, but until now we do not know when those tables will arrive, but this matter must be expedited.’
Article:
‘Government advisor rules out Trump’s oil cut plan, predicts appropriate price for Iraq’
Quote:
‘The financial advisor to the Prime Minister, Mazhar Muhammad Salih, ruled out the success of US President Donald Trump’s plan to reduce oil prices in global markets…Saleh believed that what President Trump launched to work to make America the first producer and exporter of crude oil in the world to reduce prices will collide with the cost of producing shale oil…which exposes American oil to loss unless American oil touches $80 per barrel to exceed the actual break-even point to recover costs and achieve profits.’
Sandy Ingram
The Iraqi parliament held a crucial vote on Sunday to approve amendment to the 3-year federal budget law. This decision carries major economic and political implications particularly for restarting oil exports from the Kurdistan region…This vote is crucial to resolving financial and energy disputes between Baghdad and the Kurdistan region. The outcome will significantly impact Iraq’s economic stability, energy production and the relationship between Baghdad and Erbil.
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Banks are training on cross-border payments…Mr. Sammy wants you to know...the cross border payments are currency exchanges with Iraq and with other international countries…It’s really a little deeper training that just saying cross-border payments. FRANK: IMO the training is being done with the new lower notes…To see this kind of training at the borders is fantastic!
FIREFLY: A delegation from the CBI will go to the USA in early April…Television just showed Alaq met with a high delegation from the USA and the CBI. A lot is happening. Television special saying Iraq’s $100 billion in reserves backs Iraq’s stability and credibility in the world.
Fnu Lnu
The moment we have all been waiting for is upon us…Cross border payments – This training program illustrates Iraq’s dedication to becoming a global player…Iraq has struggled with cross border payments…The involvement of the INI, CBI, K2, & NBI, and their collaboration speaks volumes. The subjects of transparency, efficiency and security are the subject matter of this training program. Cross border payments are essential for the success of any currency on the global stage…and is a key indicator of a country’s economic health…This is how Iraq is opening themselves up to international markets and doing so with integrity and security.
This is why this program is the necessary final step in the revaluation process. This…is about gaining the trust, globally, without which, Iraq will go nowhere and do nothing. Much hinges on the success and seriousness with which Iraq approaches and completes this training … Eliminating c********n is the key that will unlock the door to the RV. In order for a currency to be revalued and accepted internationally it needs a robust financial system that can support international transactions. As the Iraq financial system becomes more appealing to foreign investors, it drives up the demand for such a stable currency. This shows something [Newshound Guru] Kaparoni has harped on relentlessly but now we know how that is accomplished. There are only a handful of elite countries that have such a high rating…
Samson (KTFA)
Article:
‘To discuss military and strategic files.. A ‘high-ranking’ American official will visit Baghdad soon’
MilitiaMan
If they’re going to be paying salaries, if they’re going to be allowing oil to move, change is coming. We can all feel they’re going to have to adjust their exchange rate…If they were going to expose 1310 they would have done it a long time ago. They would have never waited this long. They wouldn’t have hid it and they would have made the budget tables public…Are they waiting for a special time. It sure looks like it. A digital transformation is upon them and they’re going to have an interconnection with a digital platform to move their currency…I think Iraq is probably not going to be the only one that’s going to be involved in this.
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