Saturday Afternoon Opinions @ 3:20 PM CST - 1/02/2021

[ronscarpa]

Good Afternoon DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON

 

 

*** Mnt Goat  Article: "THE DOLLAR FACES THE IRAQI DINAR IN TWO WAYS: 130 OR 160 THOUSAND PER 100 DOLLARS ... AN INTERNATIONAL PROPOSAL FOR BAGHDAD THAT "RAISES THE PRICE MADLY"   So this article is telling us that in order for Iraq to get a loan necessary to pay salaries for December they had to devalue the currency under pressure from the World Bank. This pressure was exerted on the Financial Ministry first and then to the CBI...But remember this – how will the GOI pay January’s salaries? 

 

*** Adam Montana  Article quote: "The deputy speaker of the Iraqi parliament, Bashir Al-Haddad, said Tuesday that Parliament has received the draft federal budget for 2021. This comes at a time when the Kurdistan Regional Government said that the agreement reached by its negotiating delegation with Baghdad is included in the draft law."  Agreement with Kurds - this is not precisely HCL, but it's also not not precisely HCL. The point there is that if there was ever a time this is going to happen... it's probably upon us. Taken from another site that posts snippets from Adam's chats. Not sure where this was, but see his latest chat at: Adam Montana 30 December 2021