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danielchu

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Everything posted by danielchu

  1. UNITED NATIONS (Reuters) - The U.N. Security Council brought Iraq one step closer on Thursday to ending United Nations sanctions imposed on Baghdad more than two decades ago after former President Saddam Hussein invaded Kuwait In 1990. The 15-member council unanimously agreed that the issue of missing Kuwaiti people, property and archives should be dealt with under Chapter 6 of the U.N. Charter - which urges countries to peacefully resolve any conflicts - instead of Chapter 7.
  2. it would seem that iraq has left unsc chapter 7 and is in chapter 6 for debt and that portion being settled would leave it moot!
  3. being that iraq and kuwait have agreed to final payments for settlements of debt >> Deferral of deposits by Iraq into the UN Compensation Fund renewed<< chapter 8 does not apply!
  4. exchanging larger bills for smaller ones would cause the iraqi to use the banks!
  5. this was the SNAKE in the sand in 2007 .. Suddenly hes a good guy?
  6. Implementing Fiscal Consolidation to Achieve Debt Sustainability this is under section 26 of which i they are speaking under this section STAFF APPRAISAL 45. Steps to strengthen the legal framework of the CBI, remove one remaining exchange restriction and implement AML/CFT measures need to be accelerated. Iraq currently maintains one exchange restriction and one multiple currency practice (see Informational Annex) for which staff is not recommending approval. Removal of these, and implementation of AML/CFT measures, will help to improve the integration of the domestic financial system into the global economy. to me it reads as lift exchange rate implement AML/CFT and end auctions to be article VIII compliant!
  7. what you dont have is an RV .. and no hcl will solve that issue either!
  8. is it possible for iraq to become article VIII compliant after THEY end the MCP and revalue there currency instead of other way around? considering they are partially under article VIII now!
  9. well if article is the standard we go by then its easy to assume we have 2 more years to go with an three year stand-by arrangement!
  10. i beg to differ .. the reason they were granted an additional 17% was for the gassing of them.it also includes the reserves because they are a federal entity as the main GOI! if the shitte and sunni didnt want to give them the propper share as in article 140 KIRKUK and 117 for the shares putting it in the constitution seems like a waste of paper.
  11. The kurds are entitled too the 17% as required in the constitution! Why shouldnt they recieve it?
  12. does say oil AGREEMENT .. maybe we should hold off parade untill oil LAW if we need it
  13. i guess my jaunt at humor fell on deaf hears .. i apogolize
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