Monday Early Night Opinions @ 8:50 PM MDT - 7/01/2024

[ronscarpa]

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... So, take everything with a grain of salt ...  RON 

Fnu Lnu  [Response to Pimpy's HCL non-revenue sharing post from 3-31-2024]  The notion of revenue-sharing is nothing new in the Middle East.  Bruni and Kuwait both do it...Revenue Watch Middle East Director Yahia Said recently returned from several months in Iraq working on the International Compact with the UN...This USIPeace Briefing summarizes the discussion.  Many Iraqi citizens look to the law for what it can contribute to reconciliation, security, and welfare. The three parts of the agreement will deal with the issues of 1) revenue sharing; 2) restructuring of the ministry of oil; and 3) establishing the Iraqi National Oil Company (INOC). [Post 1 of 2]{Reposted}

Fnu Lnu  It is quite clear that the HCL has intentions to codify the issue of welfare (not for government) and the number 1 issue is REVENUE SHARING. To be more specific; Section 1314 of the FY2007 Supplemental Appropriations Act [P.L.110-28] specifically identified the enactment and implementation of legislation “to ensure the equitable distribution of hydrocarbon resources of the people of Iraq without regard to the sect or ethnicity of recipients” and “to ensure that the energy resources of Iraq benefit Sunni Arabs, Shia Arabs, Kurds, and other Iraqi citizens in an equitable manner” as benchmarks. [Post 2 of 2] 

 

 

Pimpy   It really looks good for the future of Iraq. Outside of the corruption that's in the government. If they can stay on the path, Al-Sudani gets a clear path to continue, the future for Iraq's economy looks really good. They should see some economic boom as long as the coordinating framework and those political people that are in power can somehow get out of the way or removed from office altogether...

 

Militia Man  Q? : Why in the world would anybody want to invest into Iraq if they were going to put their money into Iraq and then they were going to lose?  Because if you invest your money in Iraq and they LOP their currency you're not going to make any money, it's a neutral event.

 

Walkingstick   [Report from #1 - his Iraqi bank owner friend in Iraq and in our opinion]  The HCL has been long done! ....Article 140 and the disputed territories, done! The redenomination at the onset, that rate is done!  Awaiting nothing but the release and implementation of all of this.

 

MarkZ  Question: Since Sudani has to go to US on April 15th does that mean nothing will happen on the RV until then or after? Mark: Many believe he could be coming to the US after the RV for his “victory lap”. But not very likely. I'm afraid we'll need to wait till late Summer or Fall.

 

Clare  Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar" Quote: "Al-Sudani's visit to Washington will be practical and will not be for taking pictures...The Iraqi delegation will ask the American side about the reasons for their decisions to impose sanctions on Iraqi banks... Our expectations are that the visit will be very successful."

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: Ramadan is over on the 8th.  Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...

 

 

Edited April 2 by ronscarpa

[screwball]

5 hours ago, ronscarpa said:

Walkingstick   [Report from #1 - his Iraqi bank owner friend in Iraq and in our opinion]  The HCL has been long done! ....Article 140 and the disputed territories, done! The redenomination at the onset, that rate is done!  Awaiting nothing but the release and implementation of all of this.

Interesting…

[NWGUY]

Frank26  [Iraq boots-on-the-ground report] FIREFLY: Ramadan is over on the 8th.  Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...

 

 

How many years have you been telling everyone to start getting excited??