More News, Rumors and Opinions Saturday PM 3-29-2025

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Clare:  Iraqi Ambassador to Washington: A delegation representing more than 50 American companies will visit Iraq.

3/29/2025

The Iraqi Ambassador to Washington, Nizar Al-Khairallah, confirmed that a delegation representing more than 50 American companies will visit Iraq.

The Iraqi Embassy in Washington said in a post on the (x) platform: “Ambassador Al-Khairallah met with Steve Lutes, Vice President of the American Chamber of Commerce and President of the American-Iraqi Business Council and his deputies.”

The ambassador stated that “the meeting focused on discussing the logistical arrangements for the upcoming visit of a delegation of American businessmen to Iraq, which will include representatives of more than 50 American companies specialized in the fields of energy, healthcare, education, transportation and other sectors.   LINK

Clare:  Al-Sudani and Allawi discuss strengthening economic reform efforts.

3/29/2025

 Prime Minister Mohammed Shia al-Sudani received his former counterpart, Iyad Allawi, today, Saturday.

A statement issued by his media office, a copy of which was received by {Euphrates News}, stated: “The meeting witnessed discussions on strengthening government efforts and endeavors in the field of achieving economic reform, continuing the construction and reconstruction process witnessed by all Iraqi governorates, and meeting citizens’ aspirations.”

He added, “The meeting also discussed developments in the region and the importance of coordinating efforts to support all steps that contribute to strengthening Iraq’s security and ensuring its stability.” LINK

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Clare:  Trump: Ready to make deals on tariffs

3/29/2025  Baghdad/

US President Donald Trump confirmed that he is open to concluding deals with countries regarding customs duties, but these agreements will have to be negotiated after the announcement of counter-tariff duties on April 2.

Speaking to reporters aboard Air Force One, Trump also said that he will soon announce customs duties targeting the pharmaceutical industry.  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  The future of your [Iraqi] banks which includes digitalization is the best way to deal with money laundering or counterfeiting or illegal documentation using your dinars because it is so much harder to steal electronic currency than it is to steal physical currency.  This is all part of the security and stability that will bring forth the new exchange rate.

Militia Man The 112 system, they have in place under the tripartite budget, …paying salaries etc. doesn’t turn on the oil in the Kurdistan region…I believe it’s because of a Real Effective Exchange Rate has to be applied for valuation…

$40 Silver Price In The Cards Says Wild West Miner

Daniela Cambone:  3-29-2025

If silver breaks through $33-$34 an ounce and stays there, we’ll see $40 silver by the end of the year,” predicts Giordy Belfiore, Investor Relations & Corporate Development Manager at Summa Silver Corp. In this interview with Daniela Cambone at PDAC, he shares insights on the future of silver and gold, the growing role of silver in the green economy, and what’s ahead for the mining sector.

He also addresses the common disconnect between high gold prices and lagging mining stocks, stating, “It’s well known: first the spot price moves, then the majors, then the mid-tiers, and finally the juniors. We’re nearing that inflection point.”

While tariffs currently have no impact, he suggests that a U.S.-centric approach to metals could become increasingly valuable in the future.

https://www.youtube-nocookie.com/embed/BLU6jkxJLzY?feature=oembed&enablejsapi=1