"UN" ~ Iraq achieving international standing equal to... (1990)

[sandfly]

I'LL TAKE 75. BUT SHOOT GIVE ME RI

[Amos9:13]

To me this is referring to their "Red Tape" in trading with other countries.  Release from Ch7 will open doors for other countries to negotiate, trade, and invest.  Many people think it's bad for countries to trade, set up shop out of their own country...well it's wrong thinking.  Remember...the cheaper it is for a product to come out...the less you and I have to pay for it.  Competitive advantage always wins out...let's pray that IRAQ is now given the competitive advantage to become the NUMBER 1 oil exporter in the world.  Boy that press release would be something to hang on my wall!!! 

[nemesis760]

In 1990, wasn't the Dinar valued at 1iqd = $0.06?

 

http://www.oanda.com/currency/historical-rates/

Edited July 4, 2013 by nemesis760