Tuesday, May 27, 2025
FIFTH ROUND OF US-IRAN TALKS SET FOR FRIDAY
FIFTH ROUND OF US-IRAN TALKS SET FOR FRIDAY
On Wednesday, Oman’s Foreign Minister Badr Albusaidi announced that the fifth round of indirect talks between the United States and Iran will be held in Rome on May 23.
Albusaidi confirmed the date in a post on X, marking the first official detail after weeks of quiet engagement in Muscat and Rome.
His statement followed remarks by Iranian Deputy Foreign Minister Abbas Araghchi, who said Tehran had yet to finalize plans for the upcoming meeting.
Despite continued indirect contact, both sides have shown little indication of tangible progress. Earlier, Iran’s Supreme Leader Ali Khamenei dismissed the possibility of a breakthrough with Washington on either the nuclear or missile tracks.
Analysts view Khamenei’s stance as a sign of entrenched resistance within Iran’s leadership, while Western diplomats caution that without flexibility, the window for renewed engagement may soon close.
Just in: UPDATE from the Friday negotiations talks.
STATUS OF THE RV , part. 1 by MNT GOAT
STATUS OF THE RV
I first want to hope that everyone in the USA had a nice memorial holiday. There are sacred and loving elements when we pray over those we loved that are now gone from this earth. This holiday is set aside for much more than just BBQs, picnics and the beginning of the summer season drunkenness on the beach.
In Germany where I now live, it is called Volkstrauertag and is a commemoration day in Germany two Sundays before the first day of Advent. It commemorates members of the armed forces of all nations and civilians who died in armed conflicts, to include victims of violent oppression. This national day of mourning is not a public holiday, it is categorized as a silent day (stiller Tag) in most of Germany, especially in the Bavaria region.
Let’s get on with today’s news. ….
The news is just pouring out of Iraq. There is so much news it will be a challenge for me to cover all of it and give it the justice it deserves. You know I do try to make the Newsletter short and concise.
I know this may be hard to believe. But how can anyone really give this revaluation and reset events justice unless you inform the readers the FACTS. In doing this there is news that must be heard for you to understand just where Iraq is at this time.
With respect to the “reset” I will use the analogy of a house burning. Why would you order brand new furniture to put into a burning house. Yes, the furniture is nice, but it won’t last long and so what good is it going to do.
Do you see the point I am trying to make as to why Iraq and other countries must first prepare for this event by leveling out the playing field for these currencies. There has been too much manipulation and corruption already and we see what it is doing to the global economy.
The leveling of trade deals and tariffs, then solving the immigration issue that we see from the U.S. and other countries is only part of the process and we must pay more attention to it. It holds the key. We also just witnessed summit after summit in Iraq. What does this all say to us? What is the meaning of all this work?
So, let me begin by saying we are inching closer and closer to the initiation of the Project to Delete the Zeros. Remember that I explained there is a step-by-step process to get to the reinstatement.
The parallel market had to be broken first and now we await the Central Bank of Iraq (CBI) to make the second round of revaluing the dinar.
Will they have to hold this new rate for 90 days and thus we will probably not see the reinstatement until January 2026 (the best time the CBI told us to do any significant rate change) or will the IMF bypass all these guidelines and move ahead.
They have given indications we will not have to wait until 2026.
What will the new rate of the dinar most likey be like when it does come out?
To answer this question just listen to what the CBI has been telling us. They are trying to bring back the Iraqi dinar to a rate of something like in the 1980’s. So what was the rate back then?
😊I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market. I can say this because it is evidenced in an article titled “THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.”
In the section of the article called “STABILIZATION OF THE SITUATION” Hamid Abu Firas, owner of a money exchange company, explained to Al-Masry that “this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies. Folks this statement by Firas is a “WOW!” statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit.
The Weaker Position"... Expert: Iraq Faces Economic And Energy Challenges Until 2028
The Weaker Position"... Expert: Iraq Faces Economic And Energy Challenges Until 2028
Time: 2025/05/25 Read: 1,650 times {Economic: Al Furat News} Oil expert Furat al-Moussawi warned that Iraq's economic and energy challenges will continue until 2028, attributing this to the country's
near-total reliance on a rentier economy and the
lack of radical strategic solutions to date.
During his appearance on the program "Free Talk" on Al Furat TV, Al-Moussawi said,
"Iraq still suffers from a single-source rentier economy that is out of step with global market developments, and this has caused significant harm to the national economy."
He pointed out that "all current projects rely on oil revenues without any real diversification in the productive sectors."
He added, "The country is currently exporting approximately 3.4 million barrels per day, 200,000 barrels more than the limit permitted under the OPEC agreement.
This has alarmed the organization and prompted some countries, led by Saudi Arabia,
to seek to reclaim their market share."
Al-Moussawi pointed out that "the price of a barrel of oil approved in the three-year budget is $70,
which poses a major challenge in light of market fluctuations,
while the budget will not regain balance unless the price of a barrel reaches at least $55."
He emphasized that "Iraq does not yet have a sovereign wealth fund, which increases the fragility of its financial situation."
In the energy sector, Al-Moussawi explained that
"gas investment is still contingent on increasing oil production,
which limits development potential."
He added that "the Karbala refinery has not yet been completed, as has an investment project in Al-Faw, at a time when the country does not have enough refineries to qualify it for regional competition."
He continued, "The only clear project currently is the agreement with Total, Qatar Energy, and Basra Oil, which includes four strategic projects, including
exploiting seawater for oil fields,
producing the first 100 megawatts of solar energy, and
investing in four gas fields."
He pointed out that "the government realizes that the current strategy is ineffective, as
evidenced by the lack of effective investments and radical solutions to the energy crisis,"
warning of "the difficulty of achieving gas self-sufficiency before 2028."
Al-Moussawi emphasized that "geopolitical turmoil, including the Russia-Ukraine war and sanctions on Iran and other countries, has contributed to oil price volatility, prompting OPEC to emphasize its study of market developments before making any decision to increase production."
The oil expert concluded by saying, "Iraq remains in the weakest position among oil-producing countries due to its complete dependence on oil revenues, lacking any real tools to ensure long-term economic stability."
https://alforatnews.iq/news/الموقف-الأضعف-خبير-العراق-يواجه-تحديات-اقتصادية-وفي-الطاقة-حتى-2028
MNT GOAT : "THE DOLLAR'S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR."
MNT GOAT
"THE DOLLAR'S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR."
"Perhaps this decline in the dollar price is a result of the stability of the political, security and social situations in the country, and without a doubt all of this has a positive impact on the exchange rate."
WOW! "Hamid Abu Firas, owner of a money exchange company, explained to Al-Masry that this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies."
WOW!
GOVERNMENT PLANS "Government agencies previously indicated that the sustained improvement in the
dinar's exchange rate against the dollar depended on two key factors." WOW!
Let's talks more about this article in today's Newslettter.
dada..........Choo-Choo...........
Their words not mine.....