STATUS OF THE RV
Welcome to May. Yes it is May already and still no RV on the contrary to what most of these idiotic intel guru idiots bring you. It is NOT all done!
The Iraqi dinar saga continues. We are waiting the hear news of a fourth Iranian deal rescheduled with the U.S., then see what comes next. Also, in the news this period we learn of the rare earth minerals deal that was finally completed with Ukraine.
We also learn more about the correspondent banks working with Iraq and Iraq’s determination to be a sovereign nation and an update on the Oil and Gas law. There is nothing devastating in the news this period except that with the drop in oil prices the Iraq economy will suffer and many projects will be put on hold.
There was a recent article about the Project to Delete the Zeros, however it was a repeat of an old articles from last year. Many of the intel gurus took it upon themselves to evaluate it.
My CBI contact told me there is a high probability it will be executed this year and that is all she would tell me.
In the news….
😊We learn in the article titled “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS .” On Wednesday, April 30, 2025, Mazhar Mohammed Salih, advisor to the Prime Minister for Financial Affairs, spoke about the repercussions of linking Iraqi banks to American banks.
“As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues,
it is in our country’s interest to deal equally with the US commercial banking system as a global correspondent power for national banks, especially when dealing with more than one US bank operating globally (Global Bank) that has major global branches and arms, ” Saleh said in a press statement followed by Al-Jabal.
This news is of course fantastic news, as it is showing us that Iraq is slowly getting back to normalcy and the final nail on the currency platform is done. We must think of why the currency auction was set up in the first place and know it had to entirely end someday. I believe this day is coming in June and this article in the news now shows us more proof of this effort.
☹In another article today titled “THE IRAQI ECONOMY IS UNDER THREAT. AN EXPERT WARNS OF THE REPERCUSSIONS OF RELYING ON OIL” once again we hear news of the necessity to get off the “rentier” oil economy for Iraq and diversify its revenues. I have talked many times about the fall of oil as the main energy source. It may take a bit more time but when these three new sources of energy surface (as the prophets tell us they soon will) this will kill the oil industry forever (as we know it today).
But remember folks don’t go off half-cocked. Things take time and don’t move at your pace. But these changes will occur and now we are hearing more and more the reasons to get off oil. These changes are close at hand.
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