Nick Fleming RVGCR Intel Update May 4, 2025
By admin Nick Fleming RVGCR Intel Update May 4, 2025
Bruce (The Big Call)
[via Judy Byington]
Everything was triggered to start…Thurs. 1 May…The latest information was that Tier4b (us, the Internet Group) notifications should come out over the weekend, with appointments starting on Tues. 6 May. All exchanges are to be finished by Sat. 31 May 2025.
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Mountain Goat
‘THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES”
The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national currency…
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MarkZ
[via PDK]
Article:
‘US energy giant inks $100 million deal with Sulaimani plant”
This is GE and they are tripling its output. International baby! They are not signing these huge deals for nothing.
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Frank26 (KTFA)
Article:
‘Government advisor: Linking national banks with their American counterparts provides a means for economic stability.”
There’s going to be way more than just one bank that will be working with the CBI. More than one bank in America. I told you these banks, like Aki’s, would be either inside of American banks or right next to an American bank or across the street from an American bank but very close to the perimeter because they’ll be working together, in cahoots…
[Iraq boots-on-the-ground report]
FIREFLY: They told us year ago that the black market would have to be k****d first and now they keep saying the remaining 5% of the cash payment from imports will be handled by our banks not out in the black market…Thus this will put an end to the black market.
Fnu Lnu
Here is my weekly list of projects in Iraq showing progress is steady and moving forward at a REER of 1300 IQD to $1 USD. ‘Advanced Talks” on $17bn Mega-Project in Iraq – Iraq Approves Siemens Energy Contracts – Saudi Arabia to build Silica-Based Industrial Complex in Anbar – Iraqi-Spanish Company to grow Olives in Wasit – Major New Hotel Opens in Baghdad – GE Vernova to Upgrade Bazyan Power Plant – Iraq and ACWA advance Najaf Solar Power Plant – Swiss Firm to build Grain Silo in Kirkuk – EBRD Enables Expansion into Iraq – Ur Tourist City Projects Advance (NOTE: This is the real reason Iraq wants the travel advisory lifted.) – Iraqi Drilling Company Completes 13 New Wells; – New Sadr City: Chinese State Firm to build 11,000 Houses – $1.17bn New Cement and Chemical Investment in Muthanna – Progress on Construction of Nasiriyah International Airport – Iraq Stock Exchange to join Tabadul Digital Trading Platform
In Iraq, the exchange rate is no impediment to progress. The current REER is 1300 and there has been no change during the last two years. Apparently, Iraq could go on forever with their current monetary regimen. There has been an announcement this week of 28 new projects all transacted in Dinar.
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MilitiaMan
Iraq is going to go to a global level and I think we all realize they haven’t done it at 1310 to 1 US dollar. They’re going to have a real effective exchange rate that has freedom of capital movement across borders…Iraq is ready to go. They’re just now openly talking about it…I hope you guys are excited as I am.
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Samson (KTFA)
Article:
‘A representative reveals the reason for the government’s withdrawal of tax funds: The US Federal Reserve has stopped transferring funds to Iraq.”
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Clare (KTFA)
Article:
‘Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened”
P********A COMING FROM MALIKI’s State of Law Coalition IMO.
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Pimpy
The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq…Sudani seems to be getting everything back on track. Keep your fingers crossed that no more things come in and interfere with the rebuilding of Iraq. Then you can start to see it, slowly but surely, rebuilding the value of its currency. Having a ton of foreign currency reserves helps. Having a ton of gold helps as well.
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Sandy Ingram
Iraq and the United States are working closely behind closed doors. Behind closed doors the United States, IMF and World Bank have a lot to do with the timing of the float of the Iraqi dinar and Iraq’s release from the shadow sanctions.
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