Sunday Evening Opinions @ 7:47 PM MST - 6/22/2025

[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 

 

 

6-22-2025  Sandy Ingram  We need to ask ourselves has Iraq been lying to us about previous banking improvements?  The answer is yes and no.  They were doing what they said they were doing but not what the Department of Treasury required.  We were led to believe Iraq would be able to integrate without error with international banks.  That belief was incorrect.  Here's what Iraq is doing as per the Treasury department's and the Iraqi Prime Minister's demand - Article "Iraq announces Major Banking Sector Overhaul"  The plan involves major restricting of both public and private banks with top global consultants enlisted to guide the transformation.  Ernst and Young will oversee reforms of state-owned banks.

 

6-22-2025  Walkingstick [Iraqi banking friend update] AKI: The 1310 is dropping dramatically.  The "water cooler talk" is this whole thing will come out as a whole number at the onset, like 1 to 1 because it will be on par in a basket.  Not right away but it will eventually be paired to the American dollar.

 

6-22-2025  Samson Article: "Transportation: Significant progress in the plan to lift the European ban on Iraqi flights."

 

6-22-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: TV talking about we are preparing for our 4th meeting to join the WTO.   FRANK: I believe this is the last meeting with the WTO before ascension mainly because everything is in place and so is the WTO.  Shoot, they've been putting it in place for 3 meetings.

 

6-22-2025  Fnu Lnu  Iraq has NOT completed the requirements for ascension to the WTO. They are 1/2 way down the list of requirements...There is a meeting scheduled in August to go over what has been completed and what yet needs to be completed. It is an assessment and consultation only. The ascension is not dependent on the revaluation. Once the membership has been reestablished, they will consult on the needed value to facilitate global trade.

 

 

[Luigi1]

Fnu Lnu  Iraq has NOT completed the requirements for ascension to the WTO. They are 1/2 way down the list of requirements...There is a meeting scheduled in August to go over what has been completed and what yet needs to be completed. It is an assessment and consultation only. The ascension is not dependent on the revaluation. Once the membership has been reestablished, they will consult on the needed value to facilitate global trade.

 

 

 

Halfway don't cut it. 

Either Iraq complies to WTO requirements or not at all. 

No special exceptions or waivers.    IMHO.