Luigi1 Posted November 1, 2015 Report Share Posted November 1, 2015 Luigi says... HCL was implimented for a while then re-shelved. We know HCL monies were sent to the Kurds to pasify them. It looks like Baghdad is now ready to re-start the oil revenue sharing. Does this mean the RV/RI is imminent? No. The oil sharing can still be paid out at the old rate or the new. IMO...This is one step closer to economic reform & the RV. For now...Treat as a rumor. Article VARIFIED. Your OPINE. 1 Nov 2015 from an article in Iraq Business News... Iraq’s Minister of Finance Hoshiyar Zebari told the Reuters news agency on Wednesday that RESTARTING the oil-sharing agreement between Baghdad and Erbil was vital for the 2016 national budget, expressing hope that a delegation from the Kurdistan Regional Government (KRG) would help reach an agreement.” WOW…REINSTATE the oil-sharing…REINSTATED AGAIN and both sides implement…This tells me that the HCL has all along be in place…just not implemented.****** Dhi Qar-where]Oil Minister Adel Abdul Mahdi announced the arrival of Iraq’s crude oil production of the southern ports to record levels. Abdul-Mahdi told a news conference after a deliberative meeting for the provinces over oil management contract in Dhi Qar that “these ports produce 3.8 million barrels an equivalent to historical rates,” adding that “these exports do not include the Turkish port of Ceyhan.” Luigi says... Iraq has been cutting wages & implimenting stern spending cutbacks. How is Iraq finding the money to purchase commercial & fighter aircraft? Could Baghdad be turning the HCL & RV on & off at their own choosing? Something to ponder about. 4 6 Link to comment Share on other sites More sharing options...
Jaygo Posted November 1, 2015 Report Share Posted November 1, 2015 Really nothing to ponder Luigi.. Iraq has more IQD to buy what ever they want backed by gold so money is not an issue for them. They can buy whatever they want with or without an RV. Link to comment Share on other sites More sharing options...
desert surfer Posted November 1, 2015 Report Share Posted November 1, 2015 It is a positive step forward, but as already said they can pay for all of it with their current rate. It is all done with bank transfers, not cash in hand. Link to comment Share on other sites More sharing options...
DinarThug Posted November 1, 2015 Report Share Posted November 1, 2015 Positive PROOF HCL Has Been Passed & Activated All Along. Luigi's 'Source' Is At Least 80 Proof ... 1 1 Link to comment Share on other sites More sharing options...
sandfly Posted November 2, 2015 Report Share Posted November 2, 2015 I'LL TAKE 121 PROOF Link to comment Share on other sites More sharing options...
DinarThug Posted November 2, 2015 Report Share Posted November 2, 2015 PROOF IT ... Link to comment Share on other sites More sharing options...
new york kevin Posted November 2, 2015 Report Share Posted November 2, 2015 Iraq’s Minister of Finance Hoshiyar Zebari told the Reuters news agency on Wednesday that RESTARTING the oil-sharing agreement between Baghdad and Erbil was vital for the 2016 national budget, expressing hope that a delegation from the Kurdistan Regional Government (KRG) would help reach an agreement.” Read more: http://dinarvets.com/forums/index.php?/topic/210604-positive-proof-hcl-has-been-passed-activated-all-along/#ixzz3qJ432jP2 Where, how do you get proof HCL was reinstated outa this stuff above? Its vitally impt, yeah. Hope that the KRG delegation would help reach an agreement yeah. Fighter planes, be they American or Russian ... already paid for. Link to comment Share on other sites More sharing options...
Luigi1 Posted November 2, 2015 Author Report Share Posted November 2, 2015 Iraq’s Minister of Finance Hoshiyar Zebari told the Reuters news agency on Wednesday that RESTARTING the oil-sharing agreement between Baghdad and Erbil was vital for the 2016 national budget, expressing hope that a delegation from the Kurdistan Regional Government (KRG) would help reach an agreement.” Read more: http://dinarvets.com/forums/index.php?/topic/210604-positive-proof-hcl-has-been-passed-activated-all-along/#ixzz3qJ432jP2 Where, how do you get proof HCL was reinstated outa this stuff above? Its vitally impt, yeah. Hope that the KRG delegation would help reach an agreement yeah. Fighter planes, be they American or Russian ... already paid for. The original article mentions four times in the Iraq Business News about re-starting the HCL. As you recall back in March the Kurds were going to walk if they didn't get paid. They got partially paid as Iraq got two small IMF loans. The loans were too small to not even pay the Kurds a down payment. Where did the funds come from as Iraq recieced loans amounting to crumbs? Not being a wise ***...Just going by the articles. 1 Link to comment Share on other sites More sharing options...
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