ametad

So the high international court in London is going to step in and guarantee the rights of forgiven investment. This is stupid, the whole world revolving around the colonial world view of imperialism…. sadly, nobody really cares about what happens to these Iraqis on the International stage, only that their oil is profitably plundered. Where has this international high court been with respect to the interest of Iraqi nationals? Nobody took notice as long as the oil flowed, they all looked the other way. Makes my heart heavy in an un-articulable kind of way.

Sure seems like there is a mismatch in value, but I’ve seen that for more than a decade now. The IQD really should hold a stronger value. Perhaps this plays out in our favor from the perspective of the foreign investor.

Looks like a civil war brewing. I hadn’t envisioned a regional civil war in the Kurdish region before. I feel like such a naive American sometimes. Perhaps they can mobilize the National Iraq military…interesting developments for sure. Fun to watch and unfold from afar, it’s been a long ride over the last 13 years. I can’t really believe I’ve been paying attention to this for that long now.

This is good news, progress. The infrastructure is in place, there is oil in the ground. The contracts need re-written. This is kind of like a safety stand down. Need to start fresh again with Bagdad and Kurdish Region on the same page. Some of the big international companies are listening and this is MUCH BETTER THAN WAR!!

Very Promising!! Now let’s see if they can hold this intention with their actions and get a legal agreement passed as the elusive HCL. Perhaps a legal document in the Kurdish court system as they wait for the Federal system in Baghdad to function. We may be waiting on another election cycle, in whatever form that takes.

Interesting for sure, looks like more protests on the street and possibly a revolution. Civil war brewing once again as the diplomatic solution has failed. This is a big move, one with the power of many masses behind it no matter what tactic they choose to get their will. Scary as the diplomatic tactic has been exhausted at this point.

Can someone explain to me how this law is being passed while the government is not yet seated after the early elections? I was under the impression that the new government needed to be seated to pass the HCL and work out the oil file by passage of a law. But here we are and it seems they could pass this law this week. I’m scratching my head in this one. Thanks

Let’s see if they can resolve this. I have a sneaky suspicion that both sides know who is more powerful here; ie. who has the power in the courts to get first in line with a bank account for all the oil exported from Iraq. I am interested in seeing this play out to get SOMO (or perhaps another National Oil Company) as the primary payment and with an HCL distribution back down from the National level to the Regional level. Soon…

Sounds like this all hinges on an interpretation that in 2005 future discovery doesn’t apply. This conclusion sounds like a legal loophole and not consistent with the spirit or intentions to distribute oil wealth to all Iraqis. . . Power rarely relinquishes itself, that’s why there must be blood if change is to occur. . . I will continue to watch, so far it’s been civilized legal battles in the courts since the protests and early elections. But, without political process and the ability of the government to function this is looking to me like a path to an armed conflict. I sure hope I’m missing the mark with this one and they can work in the spirit of cooperation, sign an agreed upon HCL, provide Europe with oil and RV their currency. The potential is certainly present.

This does not appear to be the action of dialogue. Feels like an armed conflict brewing…

This sure looks like a war brewing to me…who is going to enforce the decision? I really don’t understand how these international arguments are settled in court. It takes force, plain and simple to enforce a decision like this…I just don’t see economic sanctions fixing this problem because the problem is within the country itself. Yeah, seems like a civil war in the making. They sure need to agree on an HCL or there will be blood, again.

Fascinating, it took protests and blood in the streets last time to do this. It’s a sophisticated development to get this done by legal action alone. But, they might spontaneously combust into civil war at any moment. It will be fun to watch how this plays out.

Sounds like positive news to me!!

Makes sense to me, Federal HCL needs to be passed. 👍🏼

Yeah, I’m having a hard time with this idea too. What court are they going to use for these lawsuits? America, such a stupid move; it will implode the petro-dollar system. It’s not my favorite system, but it’s what we’ve got and as an American I understand it’s what gives us the power of currency on the global scale. This Empire is eroding before our very eyes. A cartel of any size still needs cooperation to function, unfortunately the cartel of the USA is unable to act as a cohesive unit. All of this partisan fighting has really broken the system.

Just a note, after WWII the Kurdish region was promised their own sovereignty and the recent referendum was in alignment with history. That region not only included Iraq but parts of Turkey, Iran and Syria. I cannot recall why it was not formed in that way as the borders were officially charted, however the idea was promised to the Kurds at the end of the fight by the western powers. Here is what I was thinking of in recent history… Kurdish History in the 20th Century With the advent of the Twentieth Century, nationalist movements gained traction in the Middle East. The Turks, Arabs, Persians, Kurds, Armenians and Azeris were all advocating and fighting for national homelands after being subjugated by the Ottoman Empire for hundreds of years. During WWI, the British and French formed a secret agreement called the Sykes-Picot Agreement, which concluded in May 1916. The agreement consisted of plans to carve up the Near and Middle East into nation-states and spheres of control to support their own colonial interest. The former provinces of Syria and Mesopotamia under the Ottoman Empire would be divided into five nation-states: Lebanon and Syria which would be under French control and Palestine, Jordan and Iraq including Mosul Province which would be under British control. At the end of the War, the Treaty of Sevres was drafted to deal with the dissolution and partition of the Ottoman Empire. The Treaty bolstered Kurdish nationalists’ aspirations by providing for a referendum to decide the issue of the Kurdistan homeland. The Treaty of Sevres was rejected by the new Turkish Republic, and a new treaty (The Treaty of Lausanne) was negotiated and signed in 1923. The Treaty of Lausanne annulled the Treaty of Sevres, giving control of the entire Anatolian peninsula to the new Turkish Republic including the Kurdistan homeland in Turkey. There was no provision in the new treaty for a referendum for Kurdish independence or autonomy. Kurdistan’s hopes for an autonomous region and independent state were dashed. From the end of World War I to the Gulf War in 1990, the Kurds in Turkey, Iran, Iraq and Syria fought separate guerrilla campaigns to achieve autonomy. All of the campaigns were forcibly put down and the Kurdish people suffered greater repression each time.

Looks like progress.

Perhaps I’ve still got some waking up to. Just trying to enjoy the days I have here one at a time…as life is what happens as you plan what to do next. Damn, I really don’t want to fight in a civil war. When everything falls apart around me I won’t have any other choice. Is what it is, some things are worth protecting. More good days than bad days, winning

How does this work? You bomb us, attack terrorists on our soil without our corporation and then we make deal to buy your energy; said Iraq to Turkey??? I’m out, too many moving parts that don’t allow for common sense to work…just along for the ride.

Well, this should anchor the relationship between Kurdistan and Bagdad and drive out any ideas to shift towards a stronger relationship with Turkey. A little reminder that the Turks don’t like the Kurds. On a positive note, it does not look to be a military invasion. However a tricky move to solidify gas and oil contracts is probably in the balance behind the scenes in favor of Turkey, a benefit without occupying the lands.

Interesting turn of events. I think it's a better situation if Kurdistan works with Bagdad rather than working through Ankara. Erdogan can be a very tricky individual, hopefully Barzani is well collected and not in a sate of despair. We will see how this unfolds, I am anticipating a move solidifying Iraq rather than fracturing the north.

Looks like the rubber is meeting the road here. I’ve been waiting for this kind of action for a long time. This is GOOD PROGRESS, I hope it continues and solidifies into an HCL binding agreement.

Well for a coup to work it would have to have deeply imbedded military and governmental support. You know kinda like Uranium One, too big to fail; a true presentation of corruption that is not talked about because everyone is involved. It’s also kinda like how it’s not really common knowledge how the Turkish President Erdogan was able to assume the force of the military power during a coup attempt and somehow walked away more powerful. I don’t know how it all works, I just see some things that don’t really add up, and I don’t want to live through a civil war to restructure The Unites States of America. I think the USA is a good governmental structure and would like it to peacefully continue.

And, I’ll make a political statement that may clear a few things up concerning my posts on this thread. I believe that the actions of former President Trump on January 6th was an insurrection and NOT normal political activity. Trump wether it was his concessions or subconscious personality was attempting a coup. This Democratic Republic known as The United States of America is a fragile agreement. I don’t want to see another American civil war. I prefer dialogue and diplomacy. Although I encourage fist fights, not to the death cause violence only works on the micro scale and on the macro scale WAR is BAD. Just my personal thoughts on the matter. I appreciate this forum as a place to have dialogue. Moderators, my apologies if I have over stepped and need to be censored.

Hey man, I’m calm. My apologies if you do not like my vernacular or if I have offended you. Just trying to highlight that former President Donald Trump is not acknowledging that the oil futures market was so severely fractured that it literally went negative, this is never supposed to happen. As I see it a mistake by the stewards of the USD as the world reserve currency in conjunction with the Petro-Dollar. Sure past President Trump made some sound infrastructure changes, his personality is crude; not that of a true leader. Hey, I’m along for the ride, just like the rest of us.