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ronscarpa

Sunday Night Guru Opinions @ 10:00 PM EST - 2/10/2019

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2-10-2019   Newshound/Intel Guru Mnt Goat   Article:  "KUWAITI NEWSPAPER: IRAQ PAID KUWAIT $ 300 MILLION"  Quotes:  “Iraq finally paid Kuwait $300 million in payment of a series of compensation owed by Baghdad to Kuwait for the losses and damage suffered by individuals, companies, government and international organizations as a result of the Gulf War.”;  "...the payment was resumed at 0.5 percent of Iraq’s revenues starting from 2018, and will increase annually UNTIL THE END OF 2021..."  ...just so everyone knows this payment does not have to be repaid completely before they can reinstate the dinar. We are not waiting for 2021. Proof of this was the attempt by Dr Shabibi to reinstate back in 2012-2013. So relax..!   



2-10-2019   Newshound Guru Kaperoni   ...the CBI banking conference (which was scheduled for last fall) and rescheduled for Feb 10/11 has in fact been postponed again to "summer 2019".  Some have asked my opinion on this banking event and all I can say is the fact they keep postponing it must be a telling sign that they do not want to hold this event until all their ducks are in place.  After all, they advertise "Iraq is open for business" and currently that is not the case. More work still needs to be done...ie: currency reform, laws passed, etc...
 

 

 

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