Tuesday Early Morning Opinions @ 8:15 AM MST - 8/26/2025

[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 

 

 

8-26-2025  Mnt Goat  Article: “CENTRAL BANK: FOREIGN TRANSFERS ARE PROCEEDING SMOOTHLY AND SEAMLESSLY" Quote: "The Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity."  So, we learned that the correspondent bank transfer process started last year is working. Remember this was a huge move for the CBI in paying for imports.
 

 

 

[Luigi1]

Mnt Goat  Article: “CENTRAL BANK: FOREIGN TRANSFERS ARE PROCEEDING SMOOTHLY AND SEAMLESSLY" Quote: "The Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity."  So, we learned that the correspondent bank transfer process started last year is working. Remember this was a huge move for the CBI in paying for imports.

 

 

Iraq is off of the USD & utilizing many other global currencies.  This says Iraq is int'l.   

 

Where's my RV?   IMHO.

 

[Luigi1]

Here's Ariel's two cents worth...he's on a roll today...

 

Ariel:  Tariff Revenue Requirements.

ARTICLE:  Tariff Revenue Requirements:
New Administrative Protocols?
New Accounting Procedures?
New Operational Oversight?

• Countries
• Companies
• Businesses.

 

Revenues from these areas are going to be coming in by the billions.

 

Why fire or layoff IRS agents when you can issue new monetary policy to manage the wealth coming to America?

 

Now on the other hand just for logistical purposes.  This reversal aligns with a strategic recognition that abrupt staff reductions could create gaps in mission-critical functions, such as auditing corporations & managing complex financial inflows, thereby ensuring the agency can effectively oversee billions in expected revenues from tariffs on imports without compromising enforcement against tax evasion by large entities.

 

Why do I say this?

Who is now in charge of the IRS?

Scott Bessent.

If I have to spell this out people are really not researching & studying.

What is the one thing Scott Bessent wanted?

Import Duties?

You would be correct.

And how would this benefit us?

Domestic Manufacturing & Reduce National Debt.

How would or could this be done if they stick to the old model the IRS is known for?

[Luigi1]

Here's another article of Dinarian interests...improving the business environment in Iraq...

 

 

Tishwash:  Trade & Investment Agreements To Improve The Business Environment.

ARTICLE:  The Iraqi Ministry of Trade has concluded a number of trade, economic & investment agreements with relevant authorities in three foreign countries, affirming Iraq’s readiness to provide all necessary facilities to create a stable & investment-friendly economic environment.

 

The ministry’s official spokesman, Mohammed Hanoun, told Al-Sabah: “The signed agreements aim to stimulate economic cooperation between Iraq & a number of countries & open new channels for exchanging expertise & investments.”

 

He explained that the agreements with Serbia covered the fields of trade, economy & investment, particularly in the industrial and technology sectors & included the organization of joint economic forums bringing together businessmen from both countries to discuss cooperation opportunities.

 

In addition, Serbia will contribute to the establishment of automotive equipment manufacturing plants, the implementation of irrigation projects to reduce water scarcity & the strengthening of economic partnerships to serve common interests.