Thursday Afternoon Guru Opinions @ 2:15 PM EDT - 10/10/2019

[ronscarpa]

 

10-10-2019   Newshound Guru chattels  Article:  "Iraq, China launch 'oil for reconstruction' agreement"   Quote:   "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day."   Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford.  The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.  The main problem here is that Chinese workers will be in the field, taking jobs away from Iraqis who desparately need the work. It's the same thing as Iranian workers in Iraq, taking away Iraqi jobs. Sad situation. RON 

10-10-2019   Newshound/Intel Guru David M. Witty   Iraqi PM Abdel-Mahdi: Thursday,  Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.

Now we wait for the results of the meeting, and the results of the vote, if it took place. RON

Edited October 10, 2019 by ronscarpa