TEXAS SNAKE UPDATE : " Countdown Begins — Big News May Trigger Appointments Soon"

 Texas Snake

“What the Banker heard was that certain Bondholders were allowed to exchange and they should begin liquidity Wed. 28 May 2025.”

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LAST POSTS OF TEXAS SNAKE

TEXAS SNAKE UPDATE 

TEXAS SNAKE UPDATE

GINGER: "AN IRAQI CITIZEN HAS REDEEMED HIS CURRENCY AT THE NEW RATE

 

American company Starlink confirms its readiness to operate in Iraq: We will contribute to the digital transformation

 American company Starlink confirms its readiness to operate in Iraq: We will contribute to the digital transformation.

American company SpaceX "Starlink" confirmed on Wednesday its readiness to operate in Iraq and contribute to the digital transformation and its applications for public and private sector institutions.

The Prime Minister's Office stated in a statement received by ( IQ ), "Prime Minister Mohammed Shia Al-Sudani received, today, Wednesday, a delegation from SpaceX (Starlink), an American company specializing in network, information and communications technology. During the meeting, aspects of cooperation in the field of communications and services provided by the company, and its coverage areas, were reviewed."

During the meeting, Al-Sudani emphasized that "Iraq today boasts many promising investment opportunities, given the rapid growth and urban and service expansion it is witnessing," noting "the importance of the strategic relationship with the United States within the framework agreement and other bilateral memoranda of understanding, which extend to various economic, scientific, and developmental fields."

Al-Sudani directed the relevant authorities to "study ways to facilitate SpaceX (Starlink)'s work and expedite the necessary measures," expressing his welcome for major technology companies, particularly American ones, to operate in Iraq and the possibility of their cooperation with the Iraqi private sector, within the government's vision for digital transformation measures.

For its part, the company's delegation affirmed its readiness to operate in Iraq, provide services, and cooperate in the Iraqi market. It explained that Starlink's services will contribute to digital transformation and its applications for public and private sector institutions, develop communications, and achieve economic prosperity within the framework of bilateral cooperation between Iraq and the United States   link

TIDBIT FROM SANDY INGRAM

 Sandy Ingram   

Representatives Joe Wilson of South Carolina who is a Republican and Jimmy Panetta a Democrat from California introduced a bill called the Free Iraq From Iran Act...

The bill will need to go to the Senate and then be signed by the president.  You as IQD investor want to understand this bill because it is a game changer. 

 The first thing the bill calls for dismantling Iran backed militants within Iraq's borders, including the PMF Popular Mobilization Forces.  This is all set to end Iran's dominance in Iraq's political system.

FX-VU Strategic Release Memo - $4.8101 IQD Anchor and Post-FOREX Convergence #iqd #iraqidinar

 

Baghdad or Erbil? Who controls Iraq's wealth?

 Baghdad or Erbil? Who controls Iraq's wealth?

The Iraqi Ministry of Oil declared two agreements between two American energy companies and the Kurdistan Regional Government of Iraq "null and void" due to their failure to obtain federal approval.

 The World - Correspondents

The tense relationship between Baghdad and Erbil has once again come to the fore after the Kurdistan Region of Iraq signed two massive gas field development agreements with two American companies worth more than $110 billion. This move sparked widespread political and legal controversy and brought to the fore an old question: Who owns the decision-making power over Iraq's resources?

Political analyst Naseem Abdullah told Al-Alam TV: "The Iraqi constitution states in Articles 110, 112, and 121 that the management of oil resources is a joint management between the region and the federal government. This provision is explicit, as the 2005 constitution stated that these resources are managed jointly by the region and the federal government. Currently, the region has violated the constitution through its unilateral management, which constitutes a breach of it."

The agreement, announced by the Prime Minister of the Kurdish region, Masrour Barzani , includes the development of massive oil and gas reserves in the Mizan, Topkhana, and Kordemir fields, potentially transforming Kurdistan into a regional energy hub. However, Baghdad, through the Ministry of Oil, quickly declared the agreement invalid, asserting that it violates the constitution and a ruling by the Federal Supreme Court.

Law professor Mohammed Adiq told Al-Alam TV: "Regarding the relationship between the Kurdistan Regional Government and the federal authorities, it is governed by Articles 110, 114, and 112. Therefore, the expired Kurdistan Regional Government must partner with the federal government in managing oil and gas and concluding oil contracts."

On the other hand, Erbil believes its actions are legal and within its jurisdiction, citing the absence of a federal law regulating the oil and gas sector. It asserts that the revenues will benefit both Kurdistan and Iraq.

Kurdish political analyst Hussein Al-Jaf said, "What happened is not a new contract, but rather the transfer of ownership of the project, which was operating in oil, from Kurdistan to another company. Therefore, there is no such thing as a renewed contract."

This sharp contrast raises a highly complex legal and political issue. While Baghdad champions sovereignty over resources, Erbil asserts that it is exercising a constitutional right that is absent from the national agreement.

The relationship between Baghdad and Erbil remains hostage to intense disagreements over resource management, with Baghdad insisting on centralized decision-making and Erbil insisting on its constitutional rights. The absence of a national agreement is evident, making every crisis a renewed conflict between Baghdad and Erbil.  link

TIDBIT FROM MNT GOAT

 Mnt Goat  

 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?  [In 1980 the dinar was $3.39]