Saturday, April 26, 2025
Iraq to discuss Rehabilitation of Oil Pipeline through Syria
Iraq to discuss Rehabilitation of Oil Pipeline through Syria
By John Lee.
The Iraqi National Intelligence Service has led an official delegation to Damascus under the direction of Prime Minister Mohammed S. Al-Sudani.
The delegation, headed by Mr. Hamid Al-Shatri, President of the Iraqi National Intelligence Service, is scheduled to meet with Syrian President Ahmed al-Sharaa' and other senior Syrian officials.
The delegation includes representatives from the Border Forces Command (Ministry of Interior), the Ministries of Oil and Trade, and the Border Crossings Authority.
Discussions in Damascus will cover:
- Strengthening joint counterterrorism cooperation.
- Securing the Iraq-Syria border against breaches and threats.
- Expanding bilateral trade exchanges for mutual benefit.
- Exploring the rehabilitation of the Iraqi oil pipeline running through Syria to the Mediterranean.
The meetings will also reaffirm Iraq's support for Syria's sovereignty and unity, highlighting the interdependence of Syrian stability and Iraqi national security.
The pipeline from Kirkuk to the Syrian port of Baniyas [Banias] has not been operational since 2003. An initial agreement was reached in 2010 to build two new pipelines, one for lighter crude, and one for heavier, with further details announced in 2011, but this was not implemented.
According to an article from Iraq Business News (IBN) expert blogger Ahmed Mousa Jiyad, the Syrian pipeline has several advantages, but also many risks.
(Source: PMO)
๐ฎ๐ถIQD๐ฎ๐ถ rumored at $3-7 ๐ป๐ณVND๐ป๐ณ rumored at $.47
Every suggested rate for
๐ฎ๐ถIQD๐ฎ๐ถ
๐ป๐ณVND๐ป๐ณ
๐ฟ๐ผZIM๐ฟ๐ผ
๐ป๐ชBolivar๐ป๐ช
Or even ๐XRP๐ (price)!
Etc….
It’s all just rumors!
Invest the amount that you’re comfortable with that you know will change your life at the minimum expected rates.
For example,
๐ฎ๐ถIQD๐ฎ๐ถ rumored at $3-7
๐ป๐ณVND๐ป๐ณ rumored at $.47
๐ฟ๐ผZIM๐ฟ๐ผ rumored at $.00000011
๐XRP๐ rumored for $10,000+
No one knows though!
You can still ask the question, “what is the expected rate?”
Sure it will give you an idea of how high of a return people expect but never trustfall on rates or dates.
Plan for the RV to take longer than expected.
Plan for the rate to be lower than expected.
You can still stay excited AF following the news while being reasonable with your expectations.
And I do think the rates will be awesome, even close to the rumored expectations. That’s just my opinion though, which shouldn’t mean you buy more or less currencies!
Trust your own discernment.
You have good reason to be bullish right now.
The fact that President Trump is talking about currency manipulation is what has made the GCR a near term reality.
Friday, April 25, 2025
IMF cuts Iraq Growth Forecast for 2025
IMF cuts Iraq Growth Forecast for 2025
By John Lee.
According to the latest World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to shrink by 1.5 percent this year. This is a reduction from the 4.1 percent growth forecast in their October 2024 report. For subsequent years, the organisation predicts a return to strong growth.
Globally, "the landscape has changed," says the IMF, "as governments around the world reorder policy priorities and uncertainties have climbed to new highs. Forecasts for global growth have been revised markedly down ... reflecting effective tariff rates at levels not seen in a century and a highly unpredictable environment. "
The resultant fall in the price of oil can be seen as a negative for Iraq.
The full report can be downloaded here.
(Source: IMF)
Majeed KSA on X from the Iraqi guy snwse21
Majeed KSA on X from the Iraqi guy snwse21
“A friend of mine lives in Switzerland called me and said that the digital Iraqi dinar has appeared on electronic trading platforms in the United States.
But the exchange rate has not changed.”
๐จ Breaking: Iraq Crisis, Iran Peace & RV Window Align — Is the Global Reset Finally Here? #iqd
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