Sunday Lunchtime Opinions @ 1:25 PM CDT - 5/22/2022

[ronscarpa]

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   A country's currency value is not a random act.  A country's currency value is determined by GDP, the amount of currency in circulation, the success of a country's economy as well as the type of exchange rate regime such as a float, basket, etc that it's in. Nothing is random.

 

*** Mark   [ Nader of the middle east...mentioned] ...that the recent audit by the IMF stating how things are financially fantastic over there, but they need to take care of their less advantaged citizens and that they need to increase their rates.  He also talked about how soon it should be. That was a discussion in Iraq yesterday...in their mainstream news they are saying now that they have balanced their books and paid all their debts it is time to change that value…soon.

 

*** Sandy Ingram  Article: "OPEC increases Iraq's oil quota"  This will allow Iraq's oil revenues to increase even more.  OPEC has reportedly agreed to increase Iraq's oil production to 4.5 million barrels per day in June of 2022.
 

 

*** MilitiaMan  Article: " Khazali reveals that al-Sadr accepted deputies from al-Maliki's coalition to form a government and urges him to take an order"  We will be watching closely from here on out...They have pressure on all fronts now from the looks of it politically.  As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions.  I see this all coming to a head now. They all know that if they don't act they will not survive...follow the money... Leaks suggests there is about 12 billion to watch...IMO.

 

 

[ronscarpa]

*** 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.

 

[rvmydinar]

12 hours ago, ronscarpa said:

*** RVAlready Seems the IMF and WB in Iraq last week made it clear that the world is tired of waiting for the RV

Wow. Did IMF and WB really say " the world is tired of waiting for the RV "?