_ The IQD Team
Jan 29, 2012  
Highlights/Summary & Replay of CC
Thanks to Mark for the summary

Highlights/Summary of Tonights News:

Nothing but more positive news....moving forward

Mike Recaps and summarizes tonights news:

Recap:

Interesting George & Jeb Bush showed up at the White House this week....found this very interesting -coincidence....maybe -  noone would have none had their not been a photo opp of this meeting.. I about fell out of my seat when I saw that article.
Interesting over the weekend with some of the major players were at the White House  ...then Phone call made from White House to Baghdad on Sat and things are all of a sudden moving together
Someone who possibly has knowledge of the plans that are supposed to happen and how they are supposed to go possibly giving a current President some information or advice or they could have just had a meeting and exchanged coffee and tea.....lol....coincidence not fact but since then lots of things happening...

On the Banking side
CBI came out and said they have lots of reserves they have basically have gone thru a quick little test run of raising their rate and very happy with the results
Parliament seems to be calling and supporting them
The Maliki Economic Advisor seems to have a problem with them and the CBI seems to say although he has a problem with us the govt has kinda given us the okay to do this and they so they are okay with it.
What we have been saying for along time it seems CBI is sitting there ready to go forward ===ready to do what they want to do and just sitting and waiting for the things to go forward with the govt.

On the Political side...
What happened in the last 2 days?...Meeting at the White House...President Talabani returns...we now have the formation all of the govt in Iraq which gives them more power..all 3 of those factions together
We have a call to seat the ministers from the UN as well as people in Baghdad
Parties going back to parliament and getting the govt back up and running to get things done
And Biden making a phone giving some assurances to the parties that have boycotted that we will support whatever they decide to do in the formation of a new govt if necessary but get your stuff in gear and move forward

Talking about the Draft Budget..important to whats going on
Lots going on there...
There is lots of Scuttlebut about anyone trying to force the Budget thru..Kurds forcing it thru...what does that mean?
Think about this...If they wanted to force the Budget thru...they are 1/3 of Parliament...if it was there intention to force it thru they would have gone to Parliament...voted on budget ..forced it thru and then walked out
and said okay we have what we want from the budget

I dont think they ever intended to push that budget thru at any point
I do not think it was a sticking point....
If the Kurds really had the intention of pushing it thru they could have voted on it and stuck it thru at any point in time
they are waiting to go thru the political process...

Believe me when I tell you....Follow the money...this is about getting a power sharing agreement in place so these oil contracts can be solved and that the money flows properly to all these regions so they all get what is coming to them...and that they have one person at the head running this whole thing ...sign these conrtacts in coordination with the contracts beign signed locally and how they are going to divy the money up..and whose going to get what...there will be plenty of money for the govt to operate but these regions want to be able to have extra money ...to make themselves very relevant and give back  to their people

What this is truly about and has been about how they are going to divide that power up and how they want to share the oil revenues.
That is what it has been about...what the walk out was about....all the other stuff will come once they get together and start moving things together...they are going to pass these things...

Doesnt mean it will happen tonight or tomorrow but very positive...because the things we want to see happen from our standpoint...
We want to see Budget passed......Erbil agreed to...oil revenue..oil sharing.. HCL law in place...and from that point forward and with the ministers announced everything then switches over to the CBI to do what they are going to do and all rises to his plate to determine what he can do what he intends to do and to make sure they can move forward...
He will not do this with an unstable govt....Needs to have a good govt working together moving forward or what he does with currency from the CBI
will not be be a stable environment to maintain his currencies....it will eat his reserves alive and he does not want to do that
He wants to maintain his reserves so he can weather thru anything that he can
They are not afraid of inflation right now...dont think that will come into play...think he has gotten inflation under control to this point because there is really not alot of value on their dollars
He has really to worry about hyperinflation to the point where he raises his dollar and starts to create a little more inflation..probably around 7.8%...dont think we are seeing double digits or about to see double digits at this point in time.

All eyes on the government to see what they are going to do...In their court right now
Next few days very important....We may see lots of things probably done and passed very quickly or we could also see some stalling..very important week for the govt. to see whats going on...It is my belief we will see things passed with the articles we went over tonight.....very very good for what we are looking for at this point in time.

Very positive what we want to see since Talabani is back....The Great Unitor...he seems to have some influence over Maliki to a certain degree
We like to see that...see him back and in good health and moving forward
Nice to see our govt taking an active role saying lets get this done....

Stay grounded....look at the things we know need to be done....know that there are a few more things to get passed
We are watching this country being birthed very quickly....not an easy process - it does not happen overnight
Great to see things moving again...everyone anxious to get things done and ready to see things passed.........GET R DONE

FAVORITE ARTICLE OF THE NIGHT...
(THANKS TO TNjimmy - Awesome Article)

Parliament: the central bank faces the problem of smuggling hard currency to Iran

29/01/2012 8:54

Baghdad / Orr News
A commission of economy and investment representative for the Iraqi Central Bank to take a new financial measures in the coming days to curb the smuggling of hard currency. A member of the Committee of Economy and Investment parliamentary deputy for the coalition in Iraq Qusay Friday "is that a meeting took place recently with the Chairman of the Commission on Money Laundering and the Deputy Governor of Central Bank of Iraq and the Central Committee and the Economic Commission to discuss the issue of smuggling of foreign currency to Iran in order to solve this problem and find effective solutions to them."

He said Friday "the central bank announced measures for new financial to reduce the smuggling of currency, as well as the reduction of inflation in the coming days in order to solve this problem by setting the exchange rate, as well as the purchase price, the price of the Central Bank will be a new price in order to put the market in a balanced manner. "

He continued, without a doubt that Iran is going through economic crisis, a real result of the blockade imposed on it, and that the outlet is the only Iraq and this port is used to buy the dollar, "hard currency" from within the Iraqi market and evasion to the inside of her negatively affect the Iraqi economy, "he" put limitations to this matter. "

He combined to "The Economic Committee in the House of Representatives in constant contact with the Iraqi Central Bank in order to find effective solutions and real to the subject since the beginning."
 
SOURCE LINK


The I.Q.D. Team, Ltd.'s News Articles Coverage
for Sunday, January 29, 2012

Parliament calls for the central bank to raise the price of the dinar against the dollar

Economic adviser to Maliki criticized the policy of the central bank to raise the dinar against the dollar

Central Bank confirms the possession of large reserves of hard currency to meet the demand

Central Bank: Our policy is successful and Anbuge personal criticism and do not represent the opinion of the government

=======================================================

Obama hosts George H.W. and Jeb Bush at White House

Presidency source confirmed that the return of Talabani of the country will not lead to the next National Conference

Association of Retired Persons calling for wages owed by an old state

Muhammadawi Maliki calls for independent candidates to accept the security ministries

Iraq made up its mind to return to Parliament and Government

Source (the news): Iraqi leaders have agreed to return to the chambers during a meeting yesterday

Sources: Biden gave assurances to Allawi and Najafi, and will return to the Iraqi government and parliament today

House of Representatives is moving to amend the draft budget

NEWS ARTICLES LINK


Q & A
Many questions and comments about IMF and whether they can force the RV..
If they were going to come out at $.86 wouldn't they have already RV's?
Did Kuwait have to go thru all of the same things Iraq is going thru with their RV?
Comments from listener to stay grounded and know it is going to happen
Explanation from Mike about the Lop...Turkey....what Shabs learned from this and how it will not happen...
Listener asked about article about budget not being done til end of February...Mike explains this why this is not true and foresees
  this getting done asap..in his opinion will be quicker than that.
Question about 3 phases CBI...2nd phase now or later..6 months interval...
Questions to Ask Professionals on website will not print...needs help knowing how to print it out
Natiional Conference happening now?
Chapter 7, Kuwait & Rate for Kuwait and Iraq discussion 
Can Arab Summit happen without an RV?
Listener trying to keep his group centered on the news but with all the IMF - RI/RV talk is this true?  Listener wants to keep his group grounded and needs to know if this is true...
Listener ask if Maliki is supposed to still go to Kuwait and would that be to take care of Chapter 7?
Questions about counterfeit money and the Delarue machines
Group wants to know if the Prosperity package has anything to do with the RV..
Question and discussion whether it is 60 billion US dollars or 60 billion dinars
Is there really 190 countries going to RV and how would anyone know that?
Question about Forex rates and what a listener saw changing on the site he was on...
Question & discussion on whether the RI is a negative to us.  Mike explains the RI  RV and his thoughts on that
Listener asks Mike what his take is on the rate..
Can any event make the RV happen?
Listener asks about the bankscreens....Mike explains his take on this
Much more great discussion and analysis about the questions above and many more

What a great night of news, analysis and discussion ...listen to the call for all the rest of the news shared....we are getting closer every day......GET R DONE

Conference Call Replay -  Jan. 29, 2012
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760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues, Thurs & Sun 8PM EST
760-569-7676  769478# or 712222#

The IQD Team
Jan 26, 2012  
Highlights/Summary & Replay of CC
Thanks to Mark for the summary

Highlights/Summary of Tonights News:

Nothing but more positive news....moving forward

Mike Recaps and summarizes tonights news:

Discussion about Where in the world is Talabani?  He plays a big part and VITAL role in what needs to take place in order for this to happen....lots of articles stating conflicting things...and some recycled articles....something seems to be happening that they do not want us to know about what is going on with him...He is the key to this...everyone wants him back because he is good for the process of this whole thing...and moving it forward.

Hillary gets stern with Iraq

CBI has all of their ducks in a row....tonights show basically about
the government and where we stand because we believe that is all we are waiting for...

We have read in the last week Kuwait relations starting to thaw....opening up the their Embassy....wanting to invest back in Iraq...very happy with things going on lately....very important for the RV...very important for their country and everything that is going on

Learned tonight why the oil and gas law is very important
with the article we read about how it works..how it affects the contracts that are being signed...and how it is more for their future

We know they are doing trade inside the country...Samsung coming in - ready to go and ready to move forward plus we talked about many others ready to move forward

We read about the Budget ..
We read about the Census having to be done - we heard from the UN that the census has been done in June

Not sure what Talabani is doing..we know he is sick and out there
we are keeping our eyes on him....see where he is going to show up..
He is the Great Uniter..we believe he is back in Bagdhad today and ready to go...maybe over the next few days we should hear about some meetings taking place and getting things done

We know there is movement...we know there are negotiations
we know what the Kurds want out of the oil & gas law

We know the citizens are ready for their 140 participation with the oil profits...Lets go ahead and get that done....starting to see pressure politically again from the citizens to get that done

And then the Knock out punch today from Hillary Clinton...you all need to get this together and move this forward...."Pity the Fool"
 
Theres lots going on......
Iran trying to position itself to be in a little better position which puts pressure on Iraq to get their currency moving forward
Even tho we did not talk about currency tonight we talked about all the things that are going to affect the things that need to get done...things on the plate...things we should be keeping our eyes on as we move forward

no matter what happens in my opinion I believe these are the most important things that need to be in place...
two most important things in my opinion definetely are the Oil & Gas for the future and how they are going to do that and how they are going to share those profits with the people
you can take everything else off the table and say... you cant RV before you decide what to give the people because they have to be able to share in whatever is going to happen to make it a positive experience for them
if you do that before they are waiting for something and they have nothing truly to be given to them...you want to give them wealth...that needs to be completed as we move forward

Lots of struggling going on....lot of pressure....intl pressure..pressure from people around them..turkey seems to putting pressure to get things done...there is pressure from everywhere to get things done and move forward

Lots that has to move forward...but once this starts to get moving I do believe this will go very quickly
I dont know what it is they are waiting on or what it is they need to decide on but as we learned tonight alot of things have happened over the yrs and distrust that has happened in the past and now
Noone wants to get something that is not going to last
Needs to be built for awhile that will survive
Eventually Bagdhad will become the jewel...very similar to what you see in Dubias...with the larger buildings they want to build and things they want to put there that will actually be there - look at all the plans - UN and UNAMI having a presence there....billions of dollars going to be spent over there on these complexes...
Noone is going to go ahead and do this if the country is at risk of falling apart or that can collapse
There is not signs that this is happening
There are Signs of in fighting, signs they need to get some things done and move forward...
Let not be totally focused on what that is lets remember these are the obstacles in the way of this moving forward....once some of these things are done it will happen...

If you are thinking it is going to be today or tomorrow start to look at these articles....do these things sound like they can be done over night..absolutely they could but chances are there are years of things
that need to be ironed out and these things can take a few days to get what they want and re-build trust

they dont compromise very well over there..dont know what that word is..they see it as a form of losing as opposed to a form of winning as we do over here...sign of weakness sometimes
They have just been told You are on the worlds stage....get it together...figure it out....put your differences aside...for the better of your country...
Look at the opporturnity you have been given and Lets Go and Drive it Forward

Is the US holding up the RV?   Hillary pretty much cleared that up
Where is this at?...Who has control of this?...Iraq has control over this..
Once those things get done....Shabibi will do what he has to do...he will do his part....Thats why you are not seeing CBI articles - seeing only re-hash of the old CBI articles
CBI is ready...they are ready to start rolling out Phase 2 and do what they need to do...we talked about they are saying lets go..lets get it done... but they are not going to do it before this gets done...it is in their hands
they are going to have to resolve this political issue going on and
they are going to do it before anything major really happens on that forefront and its happening behind the scenes...dont lose hope...Things are moving forward...An extremly positive news night...

The I.Q.D. Team, Ltd.'s News Coverage
for Thursday January 26, 2012

Talabani in phone call from Shiite Grand Ayatollah, wishing him return Home and end political crisis

Required to include in the budget share of oil imports to the citizens

Oil law struggles for daylight

Political row not to affect Iraq trade’

Samsung Wins $1bn Oil Contract

Iraqi MP: 2012 budget allocations did not monitor the conduct of the census population

U.S. to Iraq: don't 'blow this opportunity'

India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned

Kuwait gets $1bn in Iraqi reparation: UN

NEWS ARTICLES LINK


What a great night of news, analysis and discussion ...listen to the call for all the rest of the news shared....we are getting closer every day......GET R DONE

Conference Call Replay -  Jan. 26, 2012
Download/Playback
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues, Thurs & Sun 8PM EST
760-569-7676  769478# or 712222#

 IQD Team
Jan 24, 2012  
Highlights/Summary & Replay of CC
Thanks to Mark for the summary

Highlights & Summary of Tonights News:

Nothing but more positive news....moving right along..
THEME FOR TONIGHT "ALL IS GOOD"

Mike Recaps and summarizes tonights news:

CBI has told us they have more money than they need so don't worry about any deficits...we have enough money from oil and gas - and we are not worried about inflation...we are ready to move forward...so dont worry...we dont need any loans.. we dont need any help
we have plenty of oil we can sell at 104 per barrel
We need some more housing and more manufacturing but we know that is all in due time...we are ready to move forwward
 
On the political front...
Barzani Regional government is reforming....He is all on board..
All in and on board with negotiations on 140 and they are ready to go ahead and move forward

Hashemi upped the anti with Maliki and he is ready to go to court if Maliki resigns

So we see the political powers that be putting pressure on each other to move forward...they have things negotiated and they are ready to go

Kuwait...Southern brother of Iraq saying we were mad at you before but we want to give some money to your people...there is a softening of relations in Kuwait and we are ready to go ahead and see them come in and make an investment in Iraq so to me this signifies that they are no longer economically afraid of Iraq which is good..thats where we want them to be
 
We are due for some changes
We are going thru phases with the government as we are going thru phases with the currency
The government is going thru its new phase and we are heading into Phase 2 of the government
We are seeing lots of talks and negotiating and possibly seeing New people step up to become more powerful and to lead the government of Iraq into the future
Look for those changes and don't worry about those changes..that is what is coming down the pike

Iraq moving into the future and it is all good

Listen to the call for all the News articles discussed and analyzed during the call.....Below are the News articles discussed:

SHANNAN'S COVERAGE

CBI acknowledges a deficit in the budget of 2012 by 10% of the gross domestic product

Central Bank: expectations of higher property prices in the coming period

Central Bank: 2012 budget deficit of 20 trillion dinars
=========================================================

MIKE'S COVERAGE

Barzani reveals his new duties

Barzani urges the opposition to participate in his government

Hashemi ready to appear before court in Baghdad if Maliki resigns

Parliamentary Finance Committee: Iraq will not need a loan from the IMF to cover deficit

Commission on oil and gas: Central government and the province has reached a deal to pass the oil and gas law in the coming days

UN envoy: The remaining compensation to Kuwait might invest in Iraq

Preliminary agreement between Baghdad and Erbil, on oil and gas law

Talabani's health did not help him to complete his term of current and potential alternative Barham Salih!

News Articles Link 

What a great night of news, analysis and discussion ...listen to the call for all the rest of the news shared - it was ALL GOOD NEWS .....GET R DONE

Conference Call Replay -  Jan. 24, 2012
Download/Playback  
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues, Thurs & Sun 8PM EST
760-569-7676  769478# or 712222#

The IQD Team
Jan 22, 2012  
Highlights/Summary & Replay of CC
Thanks to Mark for the summary

Highlights & Summary of Tonights News:

THEME FROM SHANNAN after discussing the CBI news is
 "WHERE'S THE MONEY"

Great news discussion about CBI and the great 3 news articles 

Mike answers the questions asked about why the CBI website could be down all day

Mike discusses his favorite article this week about Syria
and how it relates to our investment - going to a managed float this week in Syria
He explains Why now and why a managed float...and why Iraq will do the same thing in his opinion..Very important to understand how this relates to Iraq....As we put all the pieces together this will be one to look at.

We've talked about the need for certain laws to be passed inside Iraq for the economy to keep things moving in the right direction...
Trying to keep goods from coming into the country, tariffs and getting good quality goods coming in...
There is whole basis to this and they are all intertwined in the economic laws that they have that are needed for the Reevaluation is what they are talking about in the background when they talk abot the other laws that are there for the economy....
They understand that they need to have these goods passed but the other important things is to establish how their goods are going to be traded, and values and how their contracts are going to be handled and collecting tariffs 
They are getting afraid they are losing money and they need to go ahead and pass these economic laws to keep their country going

They talk about the import of goods because that is what they can see right now but what they are really talking about is how the economy is being handled..lot of financial laws that still need to be passed inside
Parliament and their are laws they are supposed to be voted on and lot of them have to do with how contracts are handled and how monies are exchanged and what the value of things are going to be after the RV needs to be put into one of these bills....
They have to put a mechanism in these laws for everything in the contracts and what they are paying on these contacts - has to equate back to the new value of any money they put out there.
Very concerned merchants are going to start bypassing the normal way they get things so they dont lose control over this...and their is significant push to start getting these laws passed from this standpoint....hearing alot from Parliament this week in news
when you see these articles that is what they are talking about
these are articles we want to see movement on when they start passing these that these things are in place because as this rv's the things they need to have in place for their economy to pop are those things that equate to the economy and keep everything on even par with the new value of the money AND they need all of this to be in place to be a sovreign country so they can keep track of everything coming into their country and that there people are protected so that noone is ripping them off

Parliament meeting on Monday
still debating on the budget....
there are 13 more laws to vote on Monday...loading up the calendar with everything they need to pass...Should be a huge week laws going thru the legislation while they are trying to get their differences resolved...still complaining about Maliki and Allawi

looks like alot of things will be resolved...waiting for something to happen before they pass thru the parliament probably some kind of thing - resolution to the politicaL process going on probably getting resolved behind the scenes we are not hearing about

Amazing We see ton of articles Maliki and Allawi and the sitaution they have going on with each other...then nothing for a few days
But really having alot of meetings over the last few days to try to get everything solid down for this convention they are having so they can get everything ironed out from the standpoint of the political process

Things moving very slowly thru parliament just as they would in the US with our process as they are voting on things
dont look for something just to pop up
they will get this done in meetings this week hopefully....
then we will see something on it..still havent got the budget right where they want it.....Obviously lots of pressure from both sides...but seems to be alot of pressures off right now because I think there are lots of negotiations going on behind the scenes
There are lot of laws getting ready to be passed and they are not telling what those really are but I think we will see some of those financial laws passed, and articles relating to that or we should as we go thru this week.

Breaking News articles - these articles just drive him crazy
  preparatory meeting postponed..they have a meeting to postpone a meeting

Talabani is in Germany.. - he has signed everything he needs to sign
but I think they want to have a show a force and want him in Iraq..
We hope to see him back in Baghdad this week
Things lining up again this week to be a really big week with laws being passed and we are looking for some govt news...some things are going to get passed and we are going to have to start hearing about these things ...with the CBI doing what they are doing moving forward with the economy things they need to get done with the economy....Now up to the policital heads to get their stuff together and move forward and get passed what they need to have passed so when this all happens and it all moves along they are ready 

Does the RV need to happen 1st and these guys will pass everything or vice versa...My guess things will coincide very quickly
one thing will happen one right after the other within hours or a day
they do not want to tip their hand any idea when this thing will hit

We wont see anything come out....We may see some preliminary laws passed...Need to look a little closer to the CBI and what they are saying and doing because everything will coincide together..more and more News coming out from CBI...very happy with the CBI News

Parliament is almost at a stand still...working very slowly almost waiting for something to happen...whether it is the budget...meeting...Natl Conference..we will have to see what that
ultimately is...Very Very Excited.

Shabs is Jordan Iraq Focus Day...Shabs all day speaking..Banking Technology Summit
   Discussion about the banking being ready and have been for quite some time..
  
We know and have read articles about mobile phones, smart Cards, hand held smart phones, underseas giant cable connecting broadband, credit cards international, debit cards banks issuing intl...have to have a banking system in place for all these things to work.....We've seen some articles Trade Bank might need to be updated a little but they just introduced credit cards...didn't they..
Maybe he is going to teach them how to have a successful banking system..
Maybe we will hear something from Shabs soon...Get R DoneListen to the call for all of the comments about the following articles discussed.

SHANNAN'S COVERAGE

Member of the Finance Committee: the project to delete three zeros from the Iraqi currency accompanied by significant inflation in the country

Central Bank of Iraq raises the value of Iraqi Dinar

CBI seeks to restore confidence in the local currency against the dollar

MIKE'S NEWS COVERAGE

Syria to Start Managed Float of Currency Next Week, Central Bank Head Says

Parliament votes next Monday on five draft laws

MP Dani: Activating the laws supporting the Iraqi economy has become necessary at the present time

BREAKING NEWS Sarraj announces postponing the National Conference’s preparatory meeting

Kurdistan Alliance presents a paper on Monday and demands of the National Conference

News Articles Link

What a great night of news, analysis and discussion ...listen to the call for all the rest of the news shared - it was great news....we are getting closer every day......GET R DONE

Conference Call Replay -  Jan. 22, 2012
Download/Playback  
or
760-569-7699   Pin 769478#

As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues, Thurs & Sun 8PM EST
760-569-7676  769478# or 712222#

The IQD Team
Jan 19, 2012  
Highlights/Summary & Replay of CC
Thanks to Mark for the summary

Highlights & Summary of Tonights News:

Mike summarizes tonights news:

Nothing but more positive news....moving right along...

Lots of bickering going on still..when you read the articles
Understand Things may not seem as bad as the they seem
when you read news articles about these things compare it
to our elections over here...having debates...crisis over budget etc
same as here in the US ...that is what you asre hearing over there

There is lots of movements..thats what we want to see
we need to get everything in place..passed and moved on...very key
I believe these are the finishing steps to get everything in place so the currency can properly RV and do what it can...as we have seen in the past they can adjust the rate and they can do it at anytime

Parliament in session on Saturday...

Mike "ALL PARTYS NEED TO BE READY"

Extremely good stuff going going on last couple of days
Over the past couple of days...This being the 1st rate adjustment
CBI made-I am sure that there were lots of shockwaves sent thru the economic commuinity as they started to do this
and possibly people might have thought this rate was the real rate for the RV

We know why they went from 1170 to 1166..basically for the CBI to kinda show whats going on...truly an adjustment they made because the American dollar has gotten a little bit stronger...so they can try to slow down the amount of people coming in and they can take a few more dinars off the street...
such a small amount that it kinda really shows the political people that
they can do this with or without you from that standpoint
 
Good movement with the Budget and moving thru the political process
We are starting to see movement on 140 and agreement on 140
We want to see them agreeing on small things and small steps
Ultimate smoke screen before they do anything...I believe they are going to be bickering up to the bitter end
We will have some sort of RV/Reinstatement
and you will start to see the parties will make up

They will probably not put it out there
They are still very new to the political process
Sometimes they let things sneak out and we can get some juicy bits from
the newspaper like we did from the CBI

Can the Kurds force open the budget
Thye dont have the power to open up the budget
The only person is Maliki and I dont think M wants to do that..
they have him between a rock and a hard spot
If they show up and 140 is not done and force the budget thru
it would hurt what he is trying to do in the long run
I would assume you are going to get agreement on the budget to move that forward

We talked about where Erbil HCL and 140 - We are starting to see they really want to do that and to move forward

Outside influences...We can see Iraq acting as a sovreign country
Diplomatic ways are the ways people are putting pressure on that
The UN really doesn't have any pressure to put on them other than wanting them off sanctions and get them out and going
The UN will not have anything to say about the RV
Truly the only ones who have anything to say about that is the CBI and where they are at and in conjunction with the IMF and they will do that at a time they consider as perfect time for them to do that for their country and where they are at

Does the US have any influence on this RV?  I am sure we have some but whether they have it over when where and how to do it...
I believe in my own mind Iraq is in charge of that process
they will  do it when they need to do it for what they need to do it for
We can apply political pressure on any country we want to help force them down to a point where they can do things
but when it comes to a monetary policy of a country we really dont have that much influence because they are a Central Bank they are not associated with Central Govt...
They are truly independent just as our fed reserves is truly indep from our govt...Most people dont know that ...because it has the word fed in it
Really acts by itself in conjunction with the govt in our country
but there are times they will go out and act on behalf of the economy and not on behalf of the politicians

Truly the IMF and Shabs/CBI are in charge of all this..
 
We've seen movemenmt in all of the areas we thought we would see movement in.....we really want to see these things passed and they are moving these things along....increment of a couple of days to move things on to vote
But Eventually they are going to have to vote and get these things done
because the success of their future depends on it and they all know that
and these games are going to have to come to an end VERY SOON..

Again Looking forward to the news this week...we should find out what has been accomplished and negotiated..should be big news week coming up...........WE'VE ONLY JUST BEGUN

Listen to the call for all of the comments about the following articles discussed.

SHANNAN'S COVERAGE

Delete the three zeroes from the Iraqi work you will warp the Iraqi economy

Economist: Iraq's economy vulnerable to the global economy variables

Bank: the launch of credit cards, various blocks will reduce the cash

Parliament completed the budget discussion .. And the completion of final accounts

The central bank raise the price of the Iraqi dinar against the dollar by 3.4%

Iraq cabinet okays 2012 budget at $100 billion


MIKE'S COVERAGE

House of Representatives vote on a law supporting small income-generating and resume discussion of the federal budget

House of Representatives begins its budget and the absence from the agenda

Saad calls to speed up passage of the law of oil and gas

Parliament continues to debate the draft budget today


News Articles Link

What a great night of news, analysis and discussion ...listen to the call for all the rest of the news shared - it was great news....we are getting closer every day......GET R DONE

Conference Call Replay -  Jan. 19, 2012
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As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

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