Thursday Afternoon Opinions @ 5:25 PM CDT - 2/01/2024

[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... So, take everything with a grain of salt ...  RON 

 

 

Clare  Article: "Advisor to the Prime Minister: The financial situation in Iraq is stable and sound" Quote: "Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the future outlook for the financial situation in Iraq is stable, while indicating that oil market indicators are still more than 10% above the price specified in the budget until now"

 

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Big campaign to get citizens to trust the Iraqi banks starting today. FRANK: This is the last part of the monetary reform education. Congratulations!

 

Pimpy  You've got people all going, yeah man this next budget they're going to increase the value [of the dinar] when they're now talking about possibly devaluing the Iraqi dinar. That's not set in stone but it's something they're contemplating. I'm not saying they're going to do it.  I'm just saying it's on their mind. It really depends on how far down oil prices drops.

 

MarkZ  [RUMOR]  My Iraqi contacts have said that the CBI has sent the new rates to the government. So the rumor is the CBI has released the rates to the Iraqi government...I have heard similar things from US bankers - that all rates are now set and fixed. So imo it’s “any moment”  A number of contacts are still remaining silent because they have signed an NDA. We shall see...! Although I doubt it very much. No one would telegraph such information. RON 

 

 

[Luigi1]

MarkZ  [RUMOR]  My Iraqi contacts have said that the CBI has sent the new rates to the government. So the rumor is the CBI has released the rates to the Iraqi government...I have heard similar things from US bankers - that all rates are now set and fixed. So imo it’s “any moment”  A number of contacts are still remaining silent because they have signed an NDA

 

MZ: You got it backwards. 

The government sends a rate recommendation to CBI & CBI sets the final rate & the next move.

All GOI can do is recommend.

[BETTYBOOP]

What is the pimple talking about? I don't recall any report where they are talking of devaluing the currency? Have I missed something?

[Charlie Echo]

Saudi TV Confirms Kingdom Has Joined BRICS Group – South African Minister Says Egypt, Ethiopia, Iran, and UAE Also Confirmed Members – 

 

https://www.thegatewaypundit.com/2024/02/saudi-tv-confirms-kingdom-has-joined-brics-group/

[ronscarpa]

4 hours ago, BETTYBOOP said:

What is the pimple talking about? I don't recall any report where they are talking of devaluing the currency? Have I missed something?

 

Just go back and read his posts in Rumors this week, and you'll get what he's saying, and what he's not saying. Just possibilities.

[screwball]

10 hours ago, Charlie Echo said:

Saudi TV Confirms Kingdom Has Joined BRICS Group – South African Minister Says Egypt, Ethiopia, Iran, and UAE Also Confirmed Members – 

 

https://www.thegatewaypundit.com/2024/02/saudi-tv-confirms-kingdom-has-joined-brics-group/

👍⏰

[Charlie Echo]

Iraqi parliament calling to ditch US dollar for oil trade

https://thecradle.co/articles/iraqi-parliament-calling-to-ditch-us-dollar-for-oil-trade