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Showing content with the highest reputation since 04/28/2022 in all areas

  1. Hooray hooray, the 17th of May! As the title implies - this is just a random post, because I felt like sharing some thoughts. Enjoy! Real Estate, Crypto, Dinar Social media sites aren’t a big part of my life these days, but reading what the public has to say about real estate, crypto, and a few other things is a good way to keep your finger on the pulse. Something jumped out at me early this morning as I was perusing the comments of the peanut gallery… you’ll see why I use that term in a second One person mentioned bitcoin, and another responded “Oh, I missed that ship”. I can understand why they would say that – BTC was around $29,000 when I looked at it yesterday. That’s a long way from the ATH (all time high) of over $68,000! But here is something I would almost guarantee… that same person probably said “I missed that ship” when BTC dropped from $1238 in 2013. Then they said the same thing after the next cycle, and the next "crash". And they said the same thing in 2018… And now they said it again today, and that mentality… that logic… is why they will always miss the crypto ship and every other ship that isn’t a guaranteed win. While many of us have and will make boatloads of money in the crypto space, that person (those people) will just keep on "missing the ship". Should you buy Bitcoin or any other Crypto right now? I can’t tell you that. Personally, I’ll continue to keep it on my radar (and yes, I am buying a little more today), but I can’t tell you what YOU should do. Real estate – another comment in another group was from someone who states: I’m not going to get into a long discussion about why this isn’t 2008, how lending regulations are completely different than the last huge crash, how inflation and irresponsible government spending and building regulations and population growth and housing shortage and… I could go on for a while, but I’ll just say this: In 2018, at a pretty key point in our current real estate market, I had many real estate investor friends tell me “this isn’t the time to keep buying real estate… a crash is coming.” They said the same thing though 2019… then through 2020… then through 2021… and they are still saying it today. My guess is they will continue to say it through 2022, and 2023, and at least partway through 2024. I’ll revise my current outlook on these things, based on what happens today, tomorrow, and beyond. Am I telling anyone here to invest in Real Estate, or Crypto, or Dinar? NOPE. I don’t know what’s right for you, and I won’t tell you what to do with your time, money, or anything else. Here’s what I will say: When BTC was at $10, I believed in it. When BTC was around $700, I recommended it to the good people here on DV. I did that based on 1. The fundamentals and 2. My understanding of it and 3. A little bit of calm, detached, rational thinking and reasoning, based on my understanding of the world, people, and economics. Because I believed in it, I continued buying in, and it’s worked out very well. When the Real Estate market was going bonkers in 2018, 2019, 2020, 2021… same thing. At this point, BTC could go to $0 and I will still have came out ahead – because I bought, sold, took profits, and stayed the course through the cycles. Many of our VIP members are in the exact same boat. Real Estate will never go to $0, but what if we were to see another 2008 and it loses 15 or 20% overnight? Anyone who’s invested right since 2008, 2012, 2013 or even 2013 has had ample time to double their money, so an overnight loss of even 40% (more than 2008!) will still possibly be UP... can your 401k say that? At this point, you have been reading for a few minutes. We have shared some time together, and you know this hasn’t really been about Dinar… but at the same time, you also know it is all about Dinar. Those people that make comments about missing the ship on Crypto, and those people that have been running around like “Chicken Little” or Marvin from Hitchhikers Guide to the Galaxy ( )... well, you can lead a horse to water, but I'm going to laugh at you if you try to force it to drink. So, bring on the comments about how long you've been waiting. Tell us all about how Iraq "never does anything", or this whole idea is bonkers, or how the market is going to crash. I'm going to keep on keeping on, and just like with Crypto and Real Estate... I'll save my "I told you so's", because those people won't listen anyway. The fundamentals that first got me into the Dinar are still there, and in fact, they are stronger than they were when I first got in. I'm sticking this one out. Oh.... GO RRRRRVVVVVVVV!!!! P.S. VIP / OSI - keep an eye out for an email and a couple posts in the VIP/OSI sections.
    37 points
  2. Hang on, I have to clarify something... GO RRRRRVVVVVVVV!!!! That's better
    29 points
  3. “Iraq’s revenues during 2022 are expected to reach 149 billion dollars, with an annual change rate of 73 percent.“ $0.00068 “Kuwait's revenues will be 102 billion." dollars with an annual change rate of 46 percent.” $3.26 Open your eyes and you can see 👀 Go Iraq Go international Go Stronger Dinar
    23 points
  4. Been married 40 years, known her for 41.5 years. Found each other on the CB radio. Internet dating, ha, lightweights. Thought I would share.
    21 points
  5. I'm in total agreement with you guys - Typical of the Democrats and this administration to blame everyone else for their failures, bad decisions, and shortcomings...! Obvious choices could be made, but NO - keep our oil production capabilities shut down - global warming and all...LOL..! Plus, they want to bankrupt the US and take us down the path towards socialism ( which is a failure everywhere it's been attempted). We Americans need to wake up - hopefully we'll see it in November.
    20 points
  6. 20 points
  7. There it is sports fans. The ruling on the field is Article 11. "Oil and gas belong to all the Iraqi people in all regions and governorates." Not the elites and or politicians Git er done!!
    19 points
  8. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat *** ...I...made a call to the CBI and learned that they are planning the project to delete the zeros sometime in late May or early June. This was as much details as they would give...we may very well see this move quickly once the president is voted on. I am hearing all is set to go for the reinstatement. All have a “green light”. So, the plan is laid only we don’t know about the entire plan. It is set for much sooner than later...I do not want to over-speculate but things are really lining up. Well, this would be great if it is true - we shall see soon enough. Is she telling the truth or just blowing smoke ... RON
    18 points
  9. “ According to a statement by the authority, to enhance the efficiency of the financial markets through the exchange of experiences, information and advisory services related to the trading of securities , facilitating the participation of brokers in training and development programs , harmonizing listing requirements - promoting joint and mutuallisting and setting basic rules for the development of indicators.” If markets are efficient, then all information is already incorporated into prices, and so there is no way to beat the market because there are no undervalued or overvalued securities available. Omani rial against the US dollar $2.60 Iraqi dinar against the US dollar $0.00068 Go Iraq Go international Go financial markets Go Growth Go stronger dinar
    18 points
  10. The economist is describing a LOP or Re-denomination. Is very difficult for me to believe that, Why? - Still the same currency code “IQD” - No hyperinflation - Oil sales… Almost $11 billion dollars for the month of March - Meeting in Baghdad with the World bank and IMF in the near future - More than $70 billion dollars in foreign currency reserves - Positives talks about HCL - The recent World Bank report indicated positive growth in the Iraqi economy,Iraq ranked first in the Arab world with the largest growth in GDP - The International Monetary Fund expects; Iraq's GDP growth will reach 9.5% I believe in purchasing power after deleting the 000 zeros Go Iraq 🇮🇶 Go new monetary policy Go open market economy Go stronger dinar 1+
    18 points
  11. looks like the Hcl is about to be legislated? we are definitely close imo… go RV
    17 points
  12. They are working on the rehabilitation of the financial sector. (White Paper Axis 2) Integrated financial management information systems (IFMIS) are systems to support management of public sector budgetary, financial, and accounting operations and promote better public financial management (PFM) with a centralized registry of public sector revenues and expenditures. The IFMIS integrate budgetary, accounting, treasury, and public debt management processes, as well as generate corresponding reporting documents, mainly the financial statements. The successful implementation of an IFMIS will produce timely, relevant, and reliable financial data to promote fiscal discipline, assist with resource allocation, and improve operational efficiency and fiscal transparency. IFMIS, therefore, constitute a powerful tool to enhance the PFM of countries, although they tend to be very complex and demand significant human and financial resources. A treasury single account (TSA) is an essential tool for consolidating and managing governments' cash resources, thus minimizing borrowing costs. In countries with fragmented goverment banking arrangements, the establishment of a TSA should receive priority in the public financial management reform agenda. Iraq 🇮🇶 continues moving forward on their quest to an open market economy. Go Iraq Go white Paper reforms Go development Go growth Go stronger dinar.
    17 points
  13. Yeah Barzani, you are correct—the constitution must be followed; except you talk out both sides of your mouth…the constitution stipulates a mutual agreement between Kurdistan and Baghdad, but you asshats keep kicking the can down the road so you can line your own pockets and claim you are the victim of unilateral political decisions from Baghdad. Nobody’s buying it. MAKE THE DAMN AGREEMENT!
    16 points
  14. I’m seeing the same thing in the Crypto Market as I did after the Tech bubble burst. The speculative run is over as the market matures. The Market is shaking out the weak hands and the inexperienced traders. (dumb money). The Crypto Market is moving from infancy to maturity, from wild speculation to utility, from rejection to adoption. Try to hold on as it’s probably going to be a tough time as all markets clean up the excess of too much liquidity. I remain confident in my commitment to the sector and will continue to DCA (dollar cost average) into my favorite ISO 20022 projects (XRP,XDC,XLM, ALGO, and two others that are FinCen compliant Hbar, and QNT). The herd has become extremely negative since the Luna sell off and the coming US Regulatory measures. To me it’s all part of the process. People will tell you to only invest what you can afford to lose. That’s good advice but also invest in quality utility driven projects. It’s very possible that 90% of the current Cryptos listed on Exchanges will not survive the coming Crypto Winter. Get your coins off those Exchanges and into a Cold Wallet!!!! Thank you for your thoughts Adam. I always enjoy reading what you have to say on investments.
    15 points
  15. Can't blame the gurus. I just about gagged myself after reading the BS.
    15 points
  16. Morons....they must have a "God" syndrome..... But hey......let's push the Saudi's further towards China..... With you fairways&greens....let's go energy independent again! CL
    15 points
  17. Or maybe the Biden Administration could take accountability. Totally avoidable by opening up production here in the US. Maybe after the drubbing in November things will change.
    15 points
  18. Foreign currency reserves moving in the right direction ⬆️🆙 - The foremost advantage of foreign currency reserves. It serves in meeting the international finance obligations including sovereign and commercial debts, financing of imports. - It helps in boosting the confidence of the market in the ability of a country to meet its external obligations. - It acts as cushion for unforeseen external shocks. - It Increases confidence of foreign investors and thus helps in boosting foreign direct investment (FDI). -It is use to adjust foreign exchange rate. The foreign currency reserves are invested mainly in instruments abroad which have the highest credit rating and which do not pose any credit risk. These include sovereign bonds, treasury bills and short-term deposits in top-rated global banks besides cash accounts. Go CBI Go international Go stronger dinar
    14 points
  19. Finance holds a consultative meeting to implement two systems...and reveal their benefits Time: 05/12/2022 14:23:51 Reading: 845 times {Economic: Al Furat News} The Ministry of Finance held, today, Saturday, a consultative meeting on the application of the integrated financial management systems and the unified treasury account. And the ministry said in a statement that {Euphrates News} received a copy of it, that “Minister Ali Allawi held a consultative meeting on the requirements for designing and implementing the unified treasury account system 𝗧𝗦𝗔, in the presence of the Undersecretary Taif Sami, the Director General of the Accounting Department and the representative of the General Secretariat of the Council of Ministers, in addition to the stakeholders in the Ministry Finance, the Ministry of Planning, the Central Bank of Iraq, the Financial Supervision Bureau, and the general managers of Rafidain, Rasheed and 𝗧𝗕𝗜 banks, with the participation of the project management team for the modernization of public financial management systems and the support team at the World Bank. During the meeting, "a presentation was made on the preparation of requirements for the design, implementation and dissemination of the integrated financial management system (𝗜𝗙𝗠𝗜𝗦) and its direct relationship to the design and implementation of the unified treasury account system (𝗧𝗦𝗔) in a way that suits the nature of the financial and accounting system in Iraq, and the investment of support provided by international organizations and the International Monetary Fund was discussed. To complete the project, emphasizing the need to build the capabilities and skills of those working on the system. The system is "a means of linking all public government agencies and contains all functions of public financial management and financial and accounting operations that take place in all stages of budget preparation and implementation, starting from the strategic planning stage and ending with the accounting stage and submitting final accounts." The application of the system will also provide the achievement of several goals, the most important of which are: financial discipline, reducing errors, achieving efficiency and effectiveness in the use of government resources, in addition to providing accurate and timely data and information that pertain to all government financial information that helps provide services efficiently and effectively and raise the level of financial transparency, follow-up, control and accountability. finance, as well as increasing the ability to properly plan government cash flows. The process of initiating the implementation of the system comes within the framework of the financial and economic reform project, represented in the white paper, with the aim of shifting towards integrated financial and accounting management, which is consistent with internationally approved programs and systems.
    14 points
  20. To correct the record, There is such a thing as ISO 20022! I guess I have become so guarded against anything I hear with this deal, that, I don't believe anything I hear about an RV/RI! I just read it and let go in one ear and out the other! After some vetting of this ISO 20022 it is true there is an ISO 20022 rating! The good news, this rating deals with payment processing for financial institutions! If Iraq banks have this rating this is very good news! It just goes to prove you can learn something new everyday! Hopefully we see an RV/RI this year! I'm not holding my breath though! Happy Mothers Day, to all DV Members Mothers! If your mother is still alive get on the phone and call her, if she lives by you go see her! Because one of these days you are going to wake up and Mama is not going to answer her phone!! That's a very bad day! JMHO! 🤠
    14 points
  21. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mtn Goat *** We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However...I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement. As outrageous as these numbers appear I hope and pray she is really as well connected and informed as she states, and that her information is correct. Personally I'm extremely skeptical, but in the early days of this investment (even up to 2010) many thought that $3+ was possible, and even likely - while many thought .10 cents was more likely. QFS wasn't even known at that time, and we still don't know enough about it to really understand the implications of the Quantum system. So, as I have often said, we WAIT and see what will actually happen..! Everything is just conjecture..... RON
    13 points
  22. *** RVAlready Well, it looks like progress is finally being made on the political impasse in Iraq. I hope this leads to a government and an RV soon. Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV, and Iraq needs to make progress quickly.
    13 points
  23. Thank you Adam, it is great to hear from you and read your news. I found in my early days of buying and holding Dinar and Cryptocurrency that I met so many naysayers and listened to their negative comments that I decided not to express a positive or negative opinion about it to anyone. However as I’m ageing by the day I am hoping that I will eventually realise gain in either the Dinar or Crypto in the not to distant future that I may live out my days relaxing stress free. Thank you once again and God Bless you and your family🙏
    13 points
  24. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Walkingstick *** [via Frank] [Walkingstick's Iraqi bank contact update] BANK FIRM: We have the delivery schedule of the new small category notes (NSCN) in our possession. Walkingstick: We now know 'What' - the new small category notes. And we know 'Where', the ATM machines and the banks. But what we don't have is we need the 'When'...the only detail missing is the timing of when they will sit a government and announce it in order to deliver the NSCNs and new exchange rate. Once that happens, the reforms and the new exchange rate, and NSCNs and many other things that everyone and the citizens are waiting for will happen. ....
    13 points
  25. I'm just not feelin the love here right now..... This from Aaron Rodgers.... Reeelaaxx......! CL
    13 points
  26. Finally an article blasting Maliki and his empty words and finger pointing.
    13 points
  27. Luigi found these articles of Dinarian interests... Frankie believes the RV-RI is here. Treat as a rumor. Not verified. Your opine. Frank26: IMO there will be two meetings. This will be the CBI, the government of Iraq – Kazemi, Minister of Finance, Minister of Planning, they’re going to bring in members of parliament. IMHO on what they are going to be talking about Tuesday and Wednesday and eventually tell you (or not tell you but tell the citizens and you’ll get it indirectly from FIREFLY boots on the ground report.) it will be a review/discuss the ATM machines in Iraq. [Post 1 of 2….stay tuned] Frank26: Not only the government ATM machines but the private banks of Iraq ATM machines and they also will be talking about the ATMs that are owned abroad around the world internationally …Why is the CBI going to discuss what they have accomplished with these ATMs not only inside of Iraq but also the ones that are all over the world international in private banks? (Remember the private satellite banks? Good.)… they are talking about the new small category notes. [Post 2 of 2]
    12 points
  28. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Kaperoni [Question: "...If Oil does continue to sky rocket, does this change anything at all for Iraq or us? It could be a quick way for Iraq to get away from the US dollar and convert their currency"] The key for Iraq to add value to their currency is economic diversity and growth...The dollar will always be dominant in Iraq . Especially with oil being the 95% of their revenue. *** Breitling ...Iraq is going to add value to the currency. And guess what, They're backing it up with the US dollar...If you believe the dinar is going to LOP, there's no reason for you to be in this investment... *** Nader From The Mid East Article quote: "In light of the currency financial abundance, it is unlikely to resort to borrowing...Iraq has begun to feel the positive effect of changing the dollar exchange..." He's talking about the exchange rate. I'm very excited. We're getting there...the CEO of the CBI. When he said something usually works. How long? I don't know. It could be this week, next week, can be two months from now...there's not dates there but it show us they're working on it and I'm very excited. It's a lot of pressure over here...we're putting a lot of pressure on everybody so things are gonna get a little quicker and better...
    12 points
  29. This is the latest & most up to date bank story from 2003.
    12 points
  30. Appreciate the very thoughtful post! Many bought into the IQD concept strictly as a get rich quick concept....and with years of hype by the often times dishonest "Guru's"....I understand the distaste some have. I would suggest they study the concept of currency reform that is in process around the World if they would like a better understanding. Crypto in my World would be better referenced as "Blockchain". Blockchain is in its early stages, similar to when the "internet" was first blossoming in the early 90's, and because this asset class is in the very early stages, with a little effort you should be able to learn all you need to to get involved. There is quite a library on this in the VIP section...and some members have done very well. Like most things in life, those who have put in the work have profited. CL
    12 points
  31. The UN is speaking the language of the people. The Iraqi people are so frustrated with these politicians and their corruption (as are most of us on this forum). The solution is get the government in place, reach an agreement on oil and gas law and move their economy forward. Those 3 steps would put Iraq in position to go international with their currency and finally RV. Somehow someone needs to get rid of Maliki. He is a cancer and a spoiler of all progress that is good in that country.
    12 points
  32. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Militiaman Article: "Saleh and Al-Kazemi confirm support for dialogue in resolving outstanding issues and launching". A fresh meeting with the President and the Prime Minister today on topics like security, stability solidarity, consolidating ranks and moving towards meeting the national entitlements...These items have serious implications for the future. They are working like a government that has the people on their agenda. [Post 1 of 2] *** Militiaman Their peoples entitlements would come from the reforms that have been promised. That sounds like they are gearing for a change in an exchange rate when using the word entitlements. As exchange rate change will be needed to give the citizens their purchasing power, this year not next...The two having the meeting today, is all a part of the reforms, imo. It shows the solidarity is in tack.. imo [Post 2 of 2]
    12 points
  33. “Kurdistan's failure to comply with the decision of the Federal Court and the failure of talks with the Ministry of Oil allows the Iraqi government to deal with the issue criminally by filing lawsuits against officials in the region on the grounds of not implementing the rulings of the Iraqi judiciary, which is a crime according to the Iraqi Penal Code, in addition to the possibility of dealing With him internationally through understandings and agreements with Turkey to prevent the export of oil through its territory” Just do it…. Take the Barzani’s to court for failure to comply with the federal court decision. Al Kazemi should send the army to take control of the oil well in the Kurdistan region.
    12 points
  34. Sir, I did the same thing but it's not a lesson for me. The individuals involved still have to eat and will more than likely be citified by their opponents as they are not anonymous keyboard warriors any more. I knew this and treated it as a donation of my support. It may or may not get the traction it deserves but without these individuals, NOTHING WILL EVER HAPPEN is guaranteed. Look at it as helping in the ways we can. Have a great day.
    12 points
  35. LMAO…the OPEC countries won’t even answer the phone when sleepy Joe calls so I would imagine they could really give a damn if he OKs a law that they can be sued… One day they will make a movie out of this disastrous administration the USA has in place now, unfortunately we live in it today…
    12 points
  36. Thanks for the posts @yota691I've worked on these GREEEN bird parts for years...they should all be ready to FLY!!!🙃
    12 points
  37. I’ve been in this thing sense my first tour in 2004-06. I don’t get up or down anymore and look here because every once and a while there is something interesting, but for the most part everyone is guessing. i appreciate anyone who is trying to keep us informed and it’s up to me to decide what to let in or keep out, not the messenger. JMO i don’t believe Luigi is trying to do anything but bring information even when the Mario bro knows it to be BS.
    12 points
  38. One day our dreams & aspirations will come true & the RV will happen. The Gurus will be right for that one day & they all will take credit for it. After that, who cares about the Gurus...we will be moving on with our lives.
    12 points
  39. He's bring more than you are. If you have such negative feelings use the freedom you have to not look at it...
    12 points
  40. Relax Max...they're only rumors.
    12 points
  41. “Iraqi Kurdish Prime Minister Masrour Barzani said on Tuesday that the semi-autonomous region rejected a federal court ruling on its oil and gas activities as “political” and not constitutional.” It is time to send the Army to take control of the Oil well in the Kurdistan región. Go Iraq 🇮🇶 Go federal court Go ruling
    11 points
  42. Baghdad is trying to return Erbil to the House of Obedience after its 15-year rebellion https://iraqtoday-com.translate.goog/news/62857/بغداد-تحاول-إعادة-اربيل-الى-بيت-الطاعة-بعد-تمردها-15-عاما?_x_tr_sch=http&_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en politics , 2022/05/23 10:26 , the number of readings: 1869 Baghdad-Iraq today: Once again, the dispute between Baghdad and Erbil over Kurdistan's oil contracts is escalating, following the Federal Court's decision, which decided their illegality. On February 15, the Federal Supreme Court of Iraq issued a ruling declaring the unconstitutionality of the Oil and Gas Law of the Kurdistan Regional Government, issued in 2007, and repealing the law for violating the provisions of constitutional articles, as well as obligating the region to hand over oil production to the federal government. And the Kurdistan region had begun to sell oil in isolation from the federal government, after a stifling financial crisis as a result of the collapse of oil prices during the ISIS invasion of areas in Iraq, as well as the disputes with Baghdad that prompted the latter to stop paying the salaries of the region's employees. The regional government began exporting and selling crude oil to international markets in October 2012, after contracting with major international companies, including "Exxon Mobil", to explore and extract oil, which angered the Baghdad authorities, who considered it a violation of the provisions of the constitution. Since then, Baghdad and Erbil have been in a state of controversy and disagreement over oil revenues and the accuracy of the numbers of quantities exported through Kurdistan, as well as the ongoing conflict over the disputed areas between the center and the region. The Baghdad authorities have long called on the regional government to submit statements of its oil exports and oblige to hand over its financial imports to the federal treasury, after stipulating that in return for securing Kurdistan's operating expenses. The Iraqi Oil Minister, Ihsan Abdul-Jabbar, had proposed last April, the establishment of a new oil company in Erbil that would manage the entire oil activity according to the powers, standards and assets that are prepared and assessed by the National Oil Company and the Federal Ministry of Oil. According to the same proposal, Abdul-Jabbar called for opening a bank escrow account in an international bank for the purpose of depositing all revenues from the sale and export of crude oil, provided that it was owned by the Ministry of Finance and used to secure payments for the region in the event of a delay in sending it from the Federal Ministry of Finance. On May 19, after the failure of negotiations with Erbil, the Iraqi Ministry of Oil asked oil and gas companies operating in the Kurdistan region to sign new contracts with the state-owned Marketing Company (SOMO) instead of the regional government, in a new attempt to control revenues from the region. semi-independent. The Ministry of Oil confirmed that it would start implementing the Federal Court ruling issued in February, "which considered the legal foundations of the oil and gas sector in the Kurdistan region unconstitutional after the failure of talks with the regional government." Article 11 of the Iraqi constitution in force for 2005 states: "Oil and gas belong to all the Iraqi people in all regions and governorates."
    11 points
  43. It seems to me that Kurdistan region stands to loose its contracts with oil companies they are selling to unless the region goes with the Federal ruling. It seems to me that the whole region could go out of business if they don't. But I'm no expert on the matter. I wonder how long it will be before the first oil company, with a Kurdistan region contract, will be served with a law suit by the Federal Iraq government.
    11 points


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