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12-18-2018   Newshound Guru Kaperoni  So it looks like PM Mahdi got a few of his cabinet in today but not all of them...so this continues.   PM Mahdi has stated that Thursday's parliament session will complete the cabinet. 

12-18-2018   Newshound/Intel Guru Walkingstick   We, USA, gave them the playbook, we led them, guided them, beat it into them... y'all have to be International...Our foot is in the door of Iraq more than anyone realizes...All 6 Banks of his [Walkingstick's] firm, are ready!  1190 is Fictitious.

12-18-2018   Intel Guru RayRen98   Iraqi TV reported that Parliament did not vote on the cabinet members today and postponed such event until next week.  Citizens in several cities are upset and have started civil unrest by burning chairs and protesting in streets due to the lack of reforms and (publicly) forming the government.  Maliki supporters are being blamed for the negative situations in Iraq...according to local citizens.

12-18-2018   Newshound Guru Kaperoni  Like most countries, Iraq would not care if their currency appreciates at the expense of a booming economy.  That is how market forces work. A central bank uses its tools to manage monetary policy based effects in the marketplace.  An example would be raising the value to counter inflation. Iraq currently has very low inflation less than 3%.  If Iraq opens the doors to global investment, it may create the pressure the CBI is looking for to raise the value. We can only hope.

12-18-2018   Newshound Guru MilitiaMan   Article:   "A credit account in riyal and dinar between Iraq and Iran"   Quote:  "Citibank offers letters of credit for buyers in Latin America, Africa, Eastern Europe, Asia and the Middle East who may have difficulty obtaining international credit on their own."  I would suggest this is part of a necessary end for Iraq now that Monetary Reforms are gearing to be on a different page if you will, imo, that had/has to be done because of the volume of trade between Iraq and Iran. A letter of credit is commonly for International Trade between parties. It is serious business. ...Go figure the timing of it too. IMO. Lets not forget Rick Perry and all those Companies in Iraq may need them too.  By the way, CitiBank is one a large providers of Letters of Credit Globally.. They are Directly involved with Iraq as we know. Iraq wants guarantee they get paid for imports and exports.  Fairly sure Iran in an unstable environment.. lol This is seriously looking good, imo..

 

 

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12-19-2018   Newshound/Intel Guru Mnt Goat   This is the way I see this playing out. Suddenly Mahdi’s cabinet is completed. The reconstruction funds start to release within a week. But there is a lag since it takes time to get the projects underway. Not too far in the distance the reinstatement occurs. Also the CBI soon releases the 50 and 100 smaller denominations and maybe along with the 100,000 notes.  The process is kicked into high gear….  How long will all this take? I know the CBI was targeting for EARLY Jan 2019 but with delays in forming the government I am not so sure now since time is ticking…tic toc,,,tic toc… Be patient and let’s get the govt fully formed and functional first. The rest will fall into place.

 

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