Tuesday, February 25, 2025
TIDBIT FROM MILITIAMAN, 25 FEB
Militia Man
Article: "Epicor Seeks 'Non-Political' Deals to Resume Kurdistan Oil Exports"
The pipeline is ready to flow per Turkiye. It was ready back in 2023, as noted in the previous article commented on today.
This is seriously a very big deal taking place. Again, the implications are massive on a local., regional and global scale. The impact is going to be a mind blower to many...
Article: "Reform committee announced 22% growth in tax revenues with revenues reaching 4 trillion dinars ." Why is that important?
Remember Iraq's valuation is based off of oil...That's not true. There's non-oil and there's tax revenues [now]. That valuation at $3.22 for the dinar back a long time ago was based off only oil. Now they have non-oil. They have growth.
There's not even talking about gas. Iraq has a massive amount of revenue streams...Keep that in mind when it comes to the valuation - a real effective exchange rate. Because they're going to be able to use real fundamentals...Take it seriously...This is for real...it's going to be big money and it's going to have a global impact.
President Barzani, Iraqi-American delegation discusses business and cultural ties, 25 FEB
President Barzani, Iraqi-American delegation discusses business and cultural ties
Shafaq News/ The Kurdish President, Nechirvan Barzani, welcomed a delegation from the Iraqi diaspora in the United States to discuss strengthening economic ties and cultural cooperation.
According to a statement by the Kurdish presidency, during the meeting, President Barzani praised the Iraqi diaspora’s role in fostering connections between Iraq, the Kurdistan Region, and the international community, highlighting their contributions to economic development, reaffirming the Region’s commitment to “peaceful coexistence and pluralism among all communities.” He further assured that the Region will continue to act as a model of “peace, pluralism, and openness.”
The visiting delegation, led by Martin Manna, Head of the Chaldean-American Chamber of Commerce, advocated for deeper collaboration with the Kurdistan Region, particularly in economic and investment initiatives involving members of the Iraqi diaspora. Additionally, they presented proposals for business and investment projects in the Nineveh Plain and the Kurdistan Region.
Financial adviser confirms: The government has developed an economic approach to promote growth and reduce unemployment, 25 FEB
Tawazine News – Baghdad
The financial adviser to the Prime Minister, Mazhar Mohamed Saleh, confirmed on Monday that the government has developed an economic approach to promote growth and reduce unemployment, while noting that the new industrial cities will be the cornerstone of the economic renaissance.
Saleh said, in a statement to the official agency, that “the Sudanese government has developed a clear economic approach to strengthen the national economy, which is to raise growth rates in non-oil GDP by at least 5%, in addition to gradually reducing unemployment rates to settle at 4% in the future.”
He explained that “achieving these two goals requires focusing on the priorities of economic development, most notably supporting manufacturing, which can absorb 60% of unemployment, contribute to diversifying sources of national income and increasing GDP rapidly.”
He pointed out that
“the government is working to achieve this through three main tracks, including supporting youth lending initiatives, which included many youth gatherings to stimulate the workforce, and the establishment of “Riyada Bank”, as a private bank with broad government support to grant loans to small and medium-sized industrial activity, as well as the formation of a sovereign guarantee committee, to finance large industries through bank loans guaranteed by the state, in cooperation with major industrial countries such as Western Europe and Japan.”
He stressed that “these efforts will focus on the development of five main industrial fields, including infrastructure industries associated with the “development road” and reconstruction projects, pharmaceutical industries, in addition to the petrochemical industries and oil derivatives,
and advanced engineering industries, in addition to the development of the oil sector and the manufacture of natural and associated gas, with the aim of zeroing its burning and benefiting from it in the electric energy sector.”
He added that “new industrial cities on the road to development will be the cornerstone of the comprehensive industrial development strategy in Iraq,” pointing out that “the industrial renaissance is based on a strategic vision based on the partnership between the state and the private sector, within the philosophy of building the social market.”
JON DOWLING : Quick RV Updates 21st Feb 2025, 25 FEB
JON DOWLING : Quick RV Updates 21st Feb 2025
Highlights
Summary
The weekly RV report for February 21, 2025, covers significant developments in various countries, highlighting political shifts, economic strategies, and financial insights. The report begins with updates from Iraq, where substantial legislative changes are anticipated, amidst political turmoil involving President Al Sudani and President Trump.
It moves on to Vietnam, detailing a positive economic outlook under President Chi and the potential for a new trade deal that could bolster the nation’s currency. Zimbabwe’s political landscape is addressed, particularly regarding the opposition leader Nelson Chamisa’s resurgence.
The report also touches on Venezuela’s political scenario under Nicolás Maduro, introducing emerging leaders like Maria Karina Machado, who poses a challenge to the current regime. Furthermore, the report discusses Ripple’s potential exoneration from SEC allegations, the soaring prices of gold and silver, and their implications for the global financial system. Overall, the report indicates a transformative period for these nations, with a strong emphasis on economic growth, political stability, and the pivotal role of precious metals in financial systems.
- 🌍 Iraq’s Legislative Changes: Seventeen laws are set to be passed, signaling a potential shift in governance and economic strategy.
- 💰 Iraq’s Budget Amendment: The budget amendment for salaries has been formally signed into law, indicating financial restructuring.
- 🇻🇳 Vietnam’s Economic Growth: Vietnam is projected to achieve 8% GDP growth in 2025, building on a robust 34% growth over the past 15 years.
- 🇿🇼 Zimbabwe’s Political Landscape: Nelson Chamisa’s claim to leadership signals a possible change in Zimbabwe’s governance and stability.
- 🇻🇪 Emerging Venezuelan Leadership: Maria Karina Machado emerges as a key figure against Nicolás Maduro, representing hope for political change.
- 💎 Ripple’s Legal Victory: Ripple is expected to be exonerated from SEC allegations, which would significantly impact its market position and integration into global financial systems.
- 📈 Surging Precious Metals: Gold and silver prices are at record highs, emphasizing their importance in the financial markets and potential currency revaluations.
Key Insights
📜 Iraq’s Legislative Developments: The passing of 17 laws in Iraq could represent a significant shift in governance, particularly as it relates to corruption and economic reform. The political climate is tense, with President Al Sudani facing potential removal due to his dealings with President Trump and alleged corrupt practices. This instability could lead to a more transparent and accountable government structure if successful reforms are enacted.
💵 Economic Restructuring in Iraq: The budget amendment for salaries published in the Iraq Gazette signals an important step towards economic stability and better financial management. This amendment could pave the way for increased public sector salaries, which may stimulate consumer spending and enhance overall economic activity in Iraq.
📊 Vietnam’s Strong Economic Forecast: Vietnam’s anticipated 8% GDP growth in 2025, combined with its historical growth rate, positions the country as a rising economic power. The potential new trade deal with China could further strengthen Vietnam’s economic prospects and stabilize its currency, benefiting its citizens and attracting foreign investment.
🌿 Zimbabwe’s Political Revival: Nelson Chamisa’s return to the political forefront suggests a renewed hope for Zimbabwe’s recovery from years of economic decline and political strife. His leadership could catalyze reforms and drive efforts to restore peace and prosperity, which have been elusive under the previous regime.
⚖️ Venezuela’s Political Shifts: Maria Karina Machado’s emergence as a significant political figure against Nicolás Maduro highlights the growing discontent within Venezuela. Her leadership could attract international support and galvanize efforts to restore democracy and economic stability, as her past experiences resonate with the struggles of the Venezuelan populace.
⚖️ Ripple’s Legal Dilemma: The anticipated exoneration of Ripple from SEC allegations could mark a turning point for cryptocurrencies in the financial sector. This outcome would not only bolster Ripple’s operations but also encourage broader acceptance of cryptocurrencies as legitimate financial instruments, potentially leading to increased market participation and innovation.
📈 The Surge of Precious Metals: The significant rise in gold and silver prices indicates a growing investor confidence in precious metals as safe havens amidst economic uncertainty. With gold reaching record highs and silver on the verge of surpassing its all-time high, these commodities are becoming increasingly integral to discussions around currency revaluation and the future of global finance.
Conclusion
The weekly RV report provides a comprehensive overview of crucial developments across Iraq, Vietnam, Zimbabwe, and Venezuela, indicating a period of potential transformation and economic rejuvenation.
Each country faces unique challenges and opportunities as they navigate political changes and economic reforms.
The report emphasizes the interconnectedness of global financial systems, particularly through the lens of precious metals and cryptocurrency, hinting at a future where these assets play a pivotal role in shaping economies and fostering stability.
As these narratives unfold, the implications for citizens and international stakeholders alike will be significant, necessitating close attention to ongoing developments.
Iraq 2026: Financial Modernization, Trade Growth & the Evolving Path of the Iraqi Dinar #iqdrate #iqd #iqdupdate
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