Tuesday Evening Opinions @ 6:50 PM MDT - 10/22/2024

[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: "Al-Sudani: $100 billion is the size of investment opportunities in Iraq" Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani confirmed that the investment opportunities available in Iraq exceeded $100 billion in value, pointing to the expansion of economic cooperation between Iraq and Egypt."

 

Pimpy  Article: "Credit Bank of Iraq achieves a profit of 20.4 billion dinars" This article is definitely a very good one for those of us who are invested in the Iraqi Stock Exchange.  I only anticipate the bank stocks going up more and more.  They might be some of the fastest growing stocks in Iraq.  The reason for that is because they keep expanding on the banks, putting them through reform. All that's going to do is drive up the value of the stocks...

 

MarkZ  In Iraq Article: "Parliamentary Finance sets the date for the 2025 budget to reach parliament”  Very early next year.  This is curious to me but think they may be avoiding releasing it until after they have the rate change and exchanges…so strangely enough this fits in very well to what I am hearing. That they need to get the rate change done soon.  They need to change rates and do everything they need to do before approving that budget.

 

Sandy Ingram  [Reference Sandy's WTO post from 3-22-2024] What is the WTO and why does it matter?  The World Trade Organization is an international group that helps countries trade with each other fairly and efficiently. Joining the World Trade Organization will help Iraq grow its economy by making it easier to buy and sell good with other countries.
 

 

 

[screwball]

5 hours ago, ronscarpa said:

I only anticipate the bank stocks going up more and more.  They might be some of the fastest growing stocks in Iraq.  The reason for that is because they keep expanding on the banks, putting them through reform. All that's going to do is drive up the value of the stocks...

warka up 25%

[jabez777]

Interesting

[W8nomore]

Ron, I hope everything is going well for you.  I noticed you were not posting this week and I hope you are just on vacation or something. If you get a chance can you please just let us know how you are doing?

[ronscarpa]

1 hour ago, W8nomore said:

Ron, I hope everything is going well for you.  I noticed you were not posting this week and I hope you are just on vacation or something. If you get a chance can you please just let us know how you are doing?

Thank W8nomore, Yes I was Visiting my daughter in Florida and forgot my computer at home. But, I'm back. Blessings. RON

[Luigi1]

Glad to have you back...Ron.

I tired this week doing all the posts.  Go RV.