"RV UPDATE" BY GOLDILOCKS, 24 JAN

 GOLDILOCKS

"What is the difference between distressed and opportunistic credit?

Dedicated distressed credit funds have almost 'disappeared' and been replaced by opportunistic credit or 'special situations' funds which typically target a much less cyclical opportunity set that is less dependent on a default cycle while retaining flexibility to invest in bankruptcy and restructuring scenarios."

"It may be helpful to think of opportunistic credit as an investment in dislocation. Put simply, it's a strategy that seeks to capitalize on periodic disruptions across public and private credit markets that can cause assets to become mispriced."

Take a look at these articles below, and you will notice how many companies are currently restructuring their debt and moving into opportunistic credit. 

© Goldilocks

https://www.frontieradvisors.com.au 

The Frontier Line - The 'new' state of distressed and opportunistic credit

https://www.alliancebernstein.com

Opportunity Knocks: Investing in Dislocation | AB - AllianceBernstein

https://www.sec.gov/cgi-bin/browse-edgar?company=&filenum=812-15468&action=getcompany

Iraqi dinar big monumental achievement 🔥 Dinar revaluation news and updates

Romanski: Deposits in Iraqi banks increased to 37 percent, 24 JAN

Romanski: Deposits in Iraqi banks increased to 37 percent

The US Ambassador to Iraq, Alenia Romanski, announced today, Tuesday, that the total deposits held in Iraqi commercial banks have increased by about 37% over the past two years.

The ambassador said in a post on the X platform, “Data from the Central Bank of Iraq indicates that the total deposits held with Iraqi commercial banks increased by about 37% during the past two years, and from 2021 to 2022, the total number of people with a bank account in banks increased.” Local by 31%.

She added, “We have made impressive progress. By working with Iraq on reforms, we are contributing to building confidence in the banking sector, as modern banking services enable us to promote a greater amount of foreign investment and protect funds from financial crimes, theft and loss.”

almutalee.com

"RV UPDATE" BY PIMPY, 24 JAN

  Pimpy 

 When people say they have to be article VIII compliant, they have to delete the 3-zeros, they make it sound like it's a mandate.  They don't have to delete the 3-zeros.  It's idealistic if they do but they don't have to delete the 3-zeros...No where does it say it's mandated.  

  There is a lot of good news out there for Iraq.   But you can't keep reporting the good news and saying that's the reason why it's going to be reinstated at $3.22.  There's no way they can carry out all these projects because they can't afford to.  That's a lie.  They've already calculated it in their budget the necessary money needed to do these projects.  They did it at the current rate.  Don't fall for that crap. 

I never said it's not going to happen. It absolutely will but it's going to go up in increments IMO.  Is Iraq doing what they need to do to get back on track?  They are.  What are the biggest hurdles?  They need to do something about corruption...Unless these things change we're going to have a hard time getting to where we're trying to...change the exchange rate.

Iraqi Dinar✅Iraqs Join WTO With New Exchange Rate? | Iraqi Dinar News To...

Advisor to the Prime Minister: We will investigate the Guardian newspaper’s allegations about UNAMI corruption in the file of reconstruction of liberated areas, 23 JAN

 Advisor to the Prime Minister: We will investigate the Guardian newspaper’s allegations about UNAMI corruption in the file of reconstruction of liberated areas

Advisor to the Prime Minister, Farhad Alaeddin , confirmed that Iraq will contact the highest authorities in the United Nations to discuss the details of the allegations of suspicions of corruption in the contracts of the liberated areas reconstruction project involving international employees of the UNAMI mission.

Aladdin said, “The matter will be investigated, and those involved in corruption  files will be referred to the competent authorities, and all programs that have been worked on will be reviewed to find out the truth . ”

The British newspaper The Guardian had revealed what it called a “ sounding scandal” carried out by international employees of the UNAMI mission involved in corruption files in the contracts of the United Nations Development Program and the reconstruction project for the liberated areas . Pointing out that the workshops run by the United Nations Development Program are “frivolous” and lack strategic cohesion, and that those with influence in the program want to burn money and show donors that they are holding the workshops .

dijlah.tv

"RV UPDATE" BY MILITIAMAN, 23 JAN

 Militia Man 

 Big push...They are finishing the reforms...But one of the things they need...is an international currency exchange rate.  They haven't started pumping oil to the Cyan Port yet, why?  Because they haven't had a customs valuation yet.  Why haven't they gone to the WTO just yet?  Because the WTO is going to need what?  Valuation. What did they say they were going to bring in the short term? 

 The customs valuation with the WTO...They need big movements.  They're going to need a Real Effective Exchange Rate.  1310 is radically different than what I believe a Real Effective Exchange Rate is.

Article "The ports discuss the operational plan for the years (2023-2024)"   Al-Sudani told us this the year of achievements. Finishing the Port of Faw 100% this year will be flat out amazing.  Having it 100% operational is going to bring massive revenue stream into the country for decades and decades to come.

 The whole thing is basically doing what?  Restoring confidence, engaging the private sector.  Iraq's going to be going international.  What we expect to see is that Iraq has an IMF article VIII compliant currency that has a Real Effective Exchange Rate (REER) that supports the value of the currency and does restore that confidence...Is 1310 exchange rate going to restore confidence? ...In my belief absolutely not.