Monday Late Night Opinions @ 11:35 PM CDT - 8/12/2024

[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 

 

 

Clare  Article: "Parliamentary Committee to Nina: A government team is preparing a new draft of the Oil and Gas Bill " Quote: "Prime Minister Mohammed Shia al-Sudani has assigned a" tripartite ministerial team "to prepare a new final draft that will be presented first within the Council of Ministers for approval, and then sent to the House of Representatives later"

 

Jeff  The budget will be overturned by the court, deemed unconstitutional probably by mid-September. Absolutely nothing is going to happen in Iraq till the budget gets overturned by the court. The budget is not published in the Gazette yet. That's still outstanding.

 

Frank26  All this time we've been waiting for the new exchange rate to come out.  We've been waiting since the beginning of this year.  Nothing. What's going on? It's scheduled. We have the budget, it's ready to go, what's going on? The problem is the thievery, those that steal.  The bad politicians in the government of Iraq that steal the money through the CBI auctions have been tamed. The US Treasury is making all the decisions now.

 

Pimpy  We know pretty soon Iraq is going to be here and talking to people in Washington about what they need to do to get back into good graces, have sanctions lifted on some of the banks and allowing Iraq to move forward with reform without looking for excuses to penalize them every time Iraq does something that pisses off the Biden Administration.

 

Militia Man  The Central Bank of Iraq has been on top of it. They've been working in conjunction with the US Treasury and Federal Reserve to get Iraq to be in compliance with international standards. If you're doing nefarious deals you're going to have a problem.

 

Breitling  The key for Iraq - For them not to be dependent on the dollar. If they economy is 100% energy then they're going to be 100% dependent on the US dollar. How do they get their currency outside of that? They have to open up to doing business in completely different sectors. Then they can attach that part of the economy to the Iraqi dinar. And they can add value to the dinar as they see fit.  That's always been the underlying goal of what we want Iraq to do... 

 

[Luigi1]

Frank26  All this time we've been waiting for the new exchange rate to come out.  We've been waiting since the beginning of this year.  Nothing. What's going on? It's scheduled. We have the budget, it's ready to go, what's going on? The problem is the thievery, those that steal.  The bad politicians in the government of Iraq that steal the money through the CBI auctions have been tamed. The US Treasury is making all the decisions now.

 

 

 

 

WRONG FRANKIE:  The UST is NOT there to make decisions, the CBI is still making decisions.

Alaq is still running the show under watchful eyes & very close scrutiny.

The UST is there to oversee corruption & the auctions, money laundered by Iran.

 

The new ER is NOT in the HCL.   IMHO.