Nick Fleming RVGCR Intel Update March 11, 2026
MarkZ
[via PDK]
Lots of chatter in the Iraqi press over Sudani and what his second term
could look like. Almost feels like they are putting the stamp of approval
on that.
MilitiaMan
Article quote:
‘The US President warned January 27th if Maliki is reelected, America will
no longer provide aid to Iraq.’
Everybody in the whole country realizes that whatever aid they get and how
important it may be that if the people [Parliament] decide to do
it. Remember the people [citizens] voted for Al-Sudani in bulk,
not Maliki…
Article quote:
‘…The ongoing work like non-oil diversification, digital payments,
banking modernization and the currency unification progress that are
already mitigating oil dependency.’
[Saleh] has confidence Iraq has the ability to adapt…
Jeff
Article Quote:
‘The goal is to reduce dependence on oil revenues which currently dominate
the national budget’
Remember that is a World Trade requirement for Iraq, to have more than one
revenue stream…They’ve got to have taxes…tourism…exports…All of this
is required World Trade step to join…We’ve got to see the war end.
We’ve got to see Iraq finish the formation of the government…It can finish
and form very quick and it can all happen in March…
When you study this from pure actions, for what they’re doing versus what
they’re telling you, you can clearly see you are very close to
your rate change. That’s because the government formation is the lynch
pin to the rate change.
Sandy Ingram
The IQD is holding strong at 1390 to $1. However Iraq’s oil
production is collapsing…This is a global crisis. Oil prices are
moving to and above $100 per barrel…Oil production from Iraq’s
major southern fields have collapsed by about 70%…The ongoing conflict
in the region has blocked oil shipments through the Strait of Hormuz...
Without that shipping route Iraqi Crude has nowhere to go…This is a
mess. I have no doubt this is going to affect Iraq’s economy
seriously if the conflict doesn’t come to an end soon.
Frank26 (KTFA)
I feel very good. I feel very much at easy, very comfortable in what I’m
seeing. Many on the internet are thinking we have to wait
until this war is over with. No. The reason I don’t feel that way
is because I feel this government is being formed. And when they
form the government, the next step is, ‘Are you still going to play that
game. Are you going to leave it at 1310 and drain your reserves or are
you going to continue…to obey Donald Trump the way you’ve been doing.‘
Because if you are…the first thing on the agenda is what is going to make
the rest of the budget work, a new rate. If they don’t change the rate,
you can’t do the budget…
Steve
Iraq’s ability to revalue the Iraqi dinar at a decent rate comes down to a few
things…their money supply, natural resources and reserves. If
they’re able to make substantially more money from oil, then guess what that
means. They would be able to back their currency at a higher rate
which is something all of us are speculating on…Higher oil prices
for us is actually a good thing. I know I sounds
counterproductive…higher oil prices means higher gas prices…The US economy
is going to be feeling this in the very very short term…I’ve always
felt deep down that before Iraq revalued the Iraqi dinar…oil prices were
going to skyrocket…
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