Jeff update (07-24-2026)

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MOUs…They were in Washington, DC, last week. As of yesterday, Iraq was receiving $200 billion in fresh revenue. They signed MOUs with Iran today. They will sign Memorandums of Understanding with Turkey next week.To properly create their budgets, Iraq must be aware of all of its costs and sources of income.How come the rate hasn’t changed and the cabinet hasn’t been finished? Before they can revalue, they must be aware of all of their financial numbers. The key to the rate shift is the cabinet completion.These two are nearly identical.

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