RV UPDATE BY MILITIAMAN, 7 OCT

 Militia Man 

 World Bank Article: "Iraq has made progress in improving their business environment making it globally competitive" 

 The World Bank is telling you, the world, Iraq is globally competitive so they're going to have to be Article VIII, Article XIV compliant with the IMF's concerns when it comes to their exchange rate.   Is this a precursor to a move?  It sounds like it. 

Everybody should be going, 'come on Iraq!  Come on World Bank!  Come on Bank of International Settlements, IMF, US Treasury, US Federal Reserve!' 

 All those players have been involved and they still are...They are not going to have a 1310 exchange rate.  They're going to move to a Real Effective Exchange Rate based on fundamentals based off their non-oil products, non-oil revenues that will exceed in may cases oil output.

IRAQ BOOTS ON THE GROUND REPORT : THE RV MAYBE BY THE END OF THIS YEAR...

Region on the Verge of Chaos: Iraqi PM Warns Biden, 7 OCT

 ERBIL — Iraqi Prime Minister Mohammed Shia' al-Sudani has warned US President Joe Biden about the risks of the regional situation spiraling out of control, both militarily and in terms of security.

On Sunday, Iraqi official media released a letter in which al-Sudani addressed President Biden as well as the European Union, warning them that the situation in the region could escalate.

"Our region is on the verge of a dangerous slide that could plunge the world into continuous war," al-Sudani stated in his letter to Biden and the European Union.

"Following October 7 and the continued Zionist hostilities in Gaza and then in Lebanon, Iraq has expressed its stance on Israeli attacks, which endanger the region and escalate the conflict, leading to crime. The international community cannot shirk its responsibility in stopping these massacres," added the Iraqi Prime Minister.

"We send a message to our allies, especially the United States and the European Union, that the region is on the brink of a deep crisis that could lead to widespread war and global economic collapse. It is crucial for all of us to work together to prevent this danger," al-Sudani warned.

The Prime Minister's letter comes as the Israeli army has launched air and ground attacks into southern Lebanon to confront Hezbollah fighters, while threatening groups attacking Israel from the region, including from Iraq.

RV UPDATE BY RAYREN98, 7 OCT

 RayRens98

   [via Babysmom]  

WAITING TO HEAR WHAT HAPPENS WHEN THE MARKET OPENS AT 5PM EST TODAY, HEARING INFO FROM BAGHDAD (FROM MOSQUES) ABOUT POSSIBLE RATE CHANGES, WAITING TO GET CONFIRMATION.

THE CLOCK IS "NO LONGER" TICKING...IT'S DONE!  ALL CURRENCIES ARE SET TO "GO" THIS TIME...NO TECHNICAL ISSUES PRESENT.

THEY ARE TALKING ABOUT DELETE THE THREE ZEROS ON TV AGAIN BY FIREFLY @DI...

Twenty hours of electricity preparation.. Smart meters to be installed in Anbar, 7 OCT

 Alaa Samir Al-Rashed, Director General of Central Electricity, made the announcement on Sunday that smart meters with a 20-hour supply will soon be installed in the city of Fallujah.

According to Al-Rashed, “the Ministry of Electricity has prepared a plan according to which smart meters will be installed for citizens’ homes in Anbar by a specialized company authorized by the ministry, with an increase in the governorate’s share of electricity to reach 20 hours of supply per day.” Al-Rashed also stated that the plan would be implemented in Anbar.

“The Ministry of Electricity will carry out, within the next few days, a project to install smart meters for four residential neighborhoods in Fallujah as a first phase, and then the project will be generalized in all neighborhoods of the city,” he added. “The Ministry of Electricity will carry out, within the next few days.”

“Installing smart meters will reduce electricity waste and contribute to reducing the collection of electricity bills for citizens by installing these meters on mobile devices to know electricity consumption and notify citizens of the number of hours of operation and outage without the need to visit the Electricity Department,” he explained.

He emphasized that “the Ministry of Electricity has ordered the cancellation of old meters in the city of Fallujah and replacing them with free smart meters for citizens in an experiment that is the first of its kind in Anbar” and that “the Ministry of Electricity will begin preparing four residential neighborhoods and meeting all their needs before installing smart meters.”

RV UPDATE BY PIMPY, 7 OCT

 Pimpy 

 Article: "The International Coalition officially announces the end of its mission in Iraq within 12 months" 

 It must be that time of the year...Every year they say the same thing, within 12 months.

 There's a lot of reforms taking place and a lot of great changes happening in Iraq...

Just hang tight.  Just wait for them to change...