Wednesday, February 5, 2025

MARKZ: WE EXPECT THE RV ONCE THE the HCL was complete! @DINARREVALUATION #iraqidinarinvestor

Iraqi Oil: Starting to deliver Kurdistan’s production to SOMO.. Procedures with Türkiye for export via Ceyhan, 5 FEB

Iraqi Oil: Starting to deliver Kurdistan’s production to SOMO.. Procedures with Türkiye for export via Ceyhan

Iraqi Oil Minister Hayan Abdul Ghani announced on Monday, February 3, 2025, the start of procedures to deliver Kurdistan Region oil to the marketing company "SOMO", while indicating that there are government procedures towards exporting oil through the port of Ceyhan.

Abdul Ghani said in a press statement followed by "Al-Jabal", "The Ministry of Oil began its movements with the regional government by sending an official letter to deliver oil in a legal manner to the marketing company (SOMO)."

He pointed out that "there are procedures with the Turkish government to prepare the Iraqi-Turkish pipeline to export oil through the port of Ceyhan.

Abdul Ghani explained that "the specified quantities are not less than 300 thousand barrels per day of the region's oil, delivered to the federal Ministry of Oil, to be exported via the Iraqi-Turkish pipeline link

STATUS OF THE RV, PART. 2 BY MNT GOAT, 5 FEB

STATUS OF THE RV, PART. 2

What else is in the news?

WOW! It’s our first Newsletter of February 2025 already. Well, it appears no RV as of yet and January is long gone. But it’s not over until the fat lady sings….

I was reading more of the recent comments on the blog. I have to once again reinforce to everyone that the issuance of the visually impaired three zero notes is not an issue. As an investor, this is not something you should worry about.

Please go back and re-read my Newsletter in the Archives for the Newsletter dated January 21, 2025. The title of the article is “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS”. What did I tell you then about these new notes? Please stop making up stories or speculating as to what they are and why these articles now. Just relax.

At that time weeks ago, I clearly stated what this article is all about. Yes, it is actually a good thing for our investment not a negative impact. Get it? Oh… but many of you don’t get it yet. But this brings me to yet another issue.

Do you trust even what I tell you? Why do you desire to find ways to deny the facts? Are you listening to some of these so-called self-proclaimed intel guru idiots? I really don’t understand all the negativity in this regard.

Why am I here on this blog if only a few want to listen to me? Again, please go back and read this Newsletter in the Archives. I will not repeat myself in these situations anymore. If you are too lazy to read the Newsletter that is not my fault. Everyone must learn to inform yourself and get educated. Then you have to remember what you know.

Iraq: What will change under the Trump Administration?

The fact that Trump is a businessman before being a politician gives him the advantage to see the great potential for American investment in Iraq. He is not in this for the kickbacks and corruption money, as in the Obama/Biden administrations. Just let the new Trump policies towards Iraq play out. The 2025 budget is not yet even opened and being played out.

Many seem to forget what I told you in the past. I said that the CBI told us that the month of January is the most opportune time to make a major revaluation of the currency. What does this mean? But most important is why did they tell us this?

They told us this because it is the beginning of their fiscal year. But the CBI did not tell us this is the only time. Also, we can see that the 2025 budget is not yet opened and the spending began. So, if they needed a new rate the budget is “flexible” and can be adjusted.

Get it? Oh… didn’t they tell us this too in an article, an article that I showed you in the past. Did you forget? Are you even reading the articles? Why not? Why do I post them if nobody reads them? Folks, I am not making this stuff up but you have to listen to me and stop all this guessing, hype and discourse. It does nothing for you. It is not going to change the situation.

Are you listening to the prophets? There is a “shifting” going on and things will not be the same in the near future. Iraq will finally get its independence again, I can assure you of this. But change is hard and as we know it is even harder when in the last 20 years the citizens have gotten used to the all the corruption as a way of life. But now it is ending in Iraq just as it will end in the US too.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

MZ: I am hearing they have sped things up massively in the last 10 days!! @DINARREVALUATION

Iraq and Jordan discuss work stages in joint border economic city, 5 FEB

Iraq and Jordan discuss work stages in joint border economic city

Prime Minister Mohammed Shia Al-Sudani received today, Monday, the Minister of Industry, Trade and Supply in the Hashemite Kingdom of Jordan, Yarub Al-Qudah, who confirmed the Jordanian government's support for Iraq's efforts to host the Arab Summit in Baghdad, scheduled for this year.

During the meeting, according to a statement by the Prime Minister's Office, a copy of which was received by {Euphrates News}, "the bilateral relations between the two countries were discussed, and ways to strengthen them in various economic and commercial fields, in addition to discussing mechanisms for developing industrial and commercial cooperation between Iraq and Jordan, in light of the work of the Iraqi-Jordanian Joint Trade Committee, as well as confirming cooperation between the Jordanian and Iraqi private sectors. "

The meeting touched on the stages of work in the joint border economic city between Iraq and Jordan, which aims to enhance economic integration, stimulate investments and activate partnership, and the returns and benefits it will achieve for the two countries, especially with the continuation of work on the development road project, with its strategic axes and projects. link

HIGHLIGHTS OF IRAQ STATUS, 5 FEB

HIGHLIGHTS OF IRAQ STATUS

Highlights

Summary

In the latest update regarding the Iraqi dinar and the country’s economic developments, significant progress has been reported.

On Monday, the Iraqi Parliament approved an amendment to the budget law, which is expected to adequately support the government’s financial needs for 2025, despite anticipated declines in oil prices.

The Kurdistan region has begun delivering oil to the Federal Ministry of Oil, with plans to export approximately 300,000 barrels daily via the Iraqi-Turkish pipeline. Additionally, an agreement has been reached between the Kurdistan region and Baghdad concerning the payment of salaries for 2025.

The current exchange rate of the Iraqi dinar against the US dollar is 1,153.00 IQD to 100 USD. Furthermore, former President Trump signed an executive order to establish a sovereign wealth fund, which could benefit various sectors, including investments in technology and aid for Americans.

🇮🇶 Iraqi Budget Law Amendment Approved: The Iraqi Parliament has approved an amendment to the budget law, aimed at supporting the country’s financial needs for 2025.
⛽ Kurdistan Oil Deliveries Begin: Kurdistan has started delivering oil to the Federal Ministry of Oil, which will be exported through the Iraqi-Turkish pipeline.
💰 Salary Agreement Reached: An agreement has been finalized between the Kurdistan region and Baghdad regarding the payment of salaries for 2025.
📉 Oil Price Concerns Acknowledged: The government is aware of potential declines in oil prices and is strategizing accordingly.
🇺🇸 Sovereign Wealth Fund Initiative: Former President Trump signs an executive order to create a sovereign wealth fund to aid American citizens and stimulate the economy.
💼 Financial Aid for Self-Employed Workers: Information is provided about the Sick and Family Leave Credit available for self-employed individuals impacted by the pandemic.
📈 Continued Support for Viewers: The video emphasizes the host’s commitment to providing valuable financial information and opportunities for viewers.

Key Insights

📊 Stable Economic Measures: The approval of the budget law amendment is a proactive step by the Iraqi government to ensure financial stability and operational capacity for the coming years, especially in light of potential economic fluctuations due to declining oil prices. This shows a shift towards more sustainable budgeting practices.
🛢️ Strengthening Oil Exports: The delivery of oil from Kurdistan to the Federal Ministry of Oil represents a significant development in Iraq’s oil strategy. This not only promises to increase revenue but also facilitates the ongoing negotiation dynamics between the Kurdish region and the central government in Baghdad. The 300,000 barrels per day figure reflects a robust output that could enhance Iraq’s position in the global oil market.
🏦 Implications of a Sovereign Wealth Fund: The establishment of a sovereign wealth fund, as proposed by Trump, could have far-reaching implications for economic management in Iraq and globally. Such funds are typically used to manage national savings, stabilize the economy during downturns, and invest in infrastructure and development projects. For Iraq, this could mean better financial management of oil revenues and improved public services, provided that the fund is managed transparently and effectively.
💵 Impact of Salary Agreements: The agreement on salary payments between the Kurdistan region and Baghdad is crucial for economic stability in the region. Ensuring that salaries are paid on time can help to maintain public morale and support, which is especially important in a region that has faced economic hardship due to political and economic instability.
📉 Exchange Rate Stability: The current exchange rate of the Iraqi dinar against the US dollar reflects a level of stability amid ongoing discussions about economic reforms and oil revenues. Monitoring fluctuations in this rate will be essential for both local and foreign investors as they assess the viability of economic investments in Iraq.
🧑‍🤝‍🧑 Support for Self-Employed Individuals: The Sick and Family Leave Credit provides critical financial support to self-employed individuals who have been impacted by the pandemic. This initiative reflects a broader recognition of the challenges faced by gig economy workers and the importance of providing financial safety nets during crises.
📺 Engagement with Viewers: The host’s effort to keep viewers informed about financial opportunities and government programs illustrates a commitment to community engagement and empowerment. By sharing information about available credits and assistance programs, the host is fostering a sense of trust and reliability within his audience, which is essential for building a loyal viewer base.

DINAR REVALUATION

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