7-17-2012: IRAQI DINAR GURU GUESSES!!!
7-17-2012 Newshound/Intel Guru BGG In an ironic turn – [Maliki] made a veiled threat toward the Kurds. Then telling the police they can’t be like the former regime – however, just this once – let’s crush my political enemies!! This guy is unbelievable. Which his current allies have to be seeing…This may well be his undoing. By hook or by crook – they intend to get Maliki in front of Parliament for an “interrogation session”. It wouldn’t surprise me if they lure him there under the auspices of him “lecturing” them. No matter what – he’s not wanting to land in front of the House.
7-17-2012 Newshound Guru Doc All-in-all things seem to be progressing in our favor. We do not see anything happening until after Ramadon since there is little time to get in place those things Shabibi has said he needs to see before currency reform can happen. Our opinion continues to point to the September to October time frame. This is based on published information to date. This information simply does not support imminent (second to second) timing. We encourage all to keep the big picture in focus and look for concrete events and not fantasy Forex rumors that will disappoint. We report, you decide.
7-17-2012 Newshound Guru SWFloridaGuy In Iraq, government procurement plays an important role in supporting the reconstruction and rehabilitation of the national economy as well providing the necessary infrastructure for the development of the private sector. The goal is to enhance economic integrity, transparency, credibility and prevent misconduct. Actually, Iraq is the one requesting (and receiving) help in these areas. Iraqi officials frequently fail to act for fear of violating new rules and procedures which they don’t understand. However, some of the responsibility of supervision has now been transferred over to the Council of Ministers, which is a good sign. [post 3 of 5…stay tuned!]
7-17-2012 Newshound/Intel Guru BGG I promise I am rooting for an immediate RV as much as anyone. I just don’t believe we’ll get the RV until Maliki is gone…Hope I’m wrong.
7-17-2012 Newshound Guru Doc Other news we find encouraging is that Maliki has supposedly nominated 3 persons for vacant posts one being the defense minister. This leads us to believe he most likely struck a deal to avoid the no confidence vote and remain in power. Honestly we do not care as long as the government is seated and there is a semblance of stability. We also speculate that the deal would include a level of power sharing and implementation of Ebril. One report said the HCl law would be reviewed in Parliament during their next session. However, that is yet to be seen. If the deal is true and Maliki actually goes through with his part we maintain these are the last events Shabibi has been waiting on and we would see currency reform fairly rapidly following. Unfortunately Maliki has a history of not living up to his promises but we are extremely encouraged that the pressure continues to mount upon him. [post 2 of 3…stay tuned!]
7-17-2012 Newshound Guru SWFloridaGuy This is no simple task and after decades of war, Iraq alone does not have the capacity to accomplish this. They don’t have to. This has been a joint effort from the beginning…together with the IMF, World Bank and countless other government entities, commissions and organizations. We need to keep in mind many governments and corporations are heavily invested in Iraq and continue to support their reconstruction because like us, they see Iraq’s potential and have invested heavily in order to reap the benefits themselves. There are certain key factors they monitor closely and will support (to protect their interests) such as political stability and the health of sectors which can maximize net economic gain. They can increase benefits by improving Iraq’s image on an international level.