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Space Cowboy: Tuesday night intel update


DinarThug
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May 31st, 2011 10:58 pm

5-31-11 Frank’s Tuesday Night Intel Update

Frank said in WSJ has an article case for Iranian Oil Free Zone – watch this in the future…

http://online.wsj.com/article/SB10001424052748703730804576321372879366338.html

GOI partnership – Jeffrey

Darline found – Jeffries told Iraq GOV to seat and announce their GOV that has been working since elections last year – ANNOUNCE IT NOW since it has been in place since last MAY’s elections – WOW Frank said they do not know how to LIE_

Royal Dutch Shell refinery # 4 – the contract we have with Iraq worth 12 billion dollars that needs to start- the GOI says you have one week to fulfill the contract or they will cancel it or go with someone else…. WHAT – WOW there is not GOI nor legal currency to pay Shell with – they will not allow discussions to drag on any longer…

The Oil companies know that the rate is released – YES they do – HECK YES Shell will accomplish this in one week as they were told. THE GOI is “stupifying” everyone…with their actions telling SHELL what they need to do in one week or it’s OVER!!!

Darline says that Rush Limbaugh said today on his program – “folks you wont see me tomorrow cause tomorrow is a major day in the world of monetary events and I won’t miss this day..”

Channel 5 in Kansas City did a piece on Greece and their bankrupcty. The IMF will lend money to Greece – GET THIS for ONLY 3 days yes a 3 day loan. They stated that in 24 to 48 hours there will be no need for the loan any longer!!!!…

Today Frank got a call from a guy in the WH– two senator’s aids came out the office and he asked the aids about the Iraq Dinar… and they did a 180 about-face and walked back in opposite direction of the hallway and never answered him – ummmm says Frank…

Frank says Shabibi will come out in 48 hours to say something about the Monetary Policy Meeting of Iraq Leaders -Maliki, Telabani, Allawi and Shabibi that took place May 30th So today and tomorrow the political process… will be announced so says the article Darline shared…

Darline states her sources share that in 6 – 7 hours Shabibi will make an announcement very soon… Frank says NO the ministers and formation of GOI then rate released and no pomp and circumstance…by THURSDAY…

Citibank made 3 moves to invest in Iraq and a cash management solution program and as they KNOW Iraq is about to increase the rate…. GOOD news Partnering with Iraq Bank- and all of them together to give the deals to the iraq business people – for the money…

By: Zacks Equity Research

May 31, 2011

Yesterday, Citigroup Inc. (C – Analyst Report) and Bank of Baghdad (BoB), a subsidiary of Kuwait’s Burgan Bank, entered into a strategic alliance. The partnership will provide cash management requirements and other related banking services to corporate clients with major business in Iraq.

BoB’s services to Citi’s clients includes a number of comprehensive products and service portfolios encompassing account services, payments and collection both domestically and internationally, liquidity management and electronic banking solutions, supported by a complete customer service and modernized documentation processes.

Citi is satisfied with the deal as it will help the company to fulfill its commitment to Iraq as well as maintain their strategy to meet clients’ needs through their own global network and partnerships with prime local banks.

On the other side, the deal facilitates BoB in leveraging Citi’s global network across 100 countries for cash management solutions and other banking services. Further, the alliance joins BoB’s broad network in Iraq, product suite and service brilliance with the global reach of Citi. The deal will provide valued clients of both firms as well Burgan Bank group clients with modified solutions and help them with their operations in Iraq.

Established in 1992, Bank of Baghdad was the first licensed bank in Iraq. The bank provides retail and corporate banking services through 36 branches and over 30 ATMs network. Bank of Baghdad is listed on the Iraqi Stock Exchange. Burgan Bank Group includes key subsidiaries such as International Bank, Gulf Bank Algeria, Bank of Baghdad and Tunis Jordan Kuwait Bank.

We believe such strategic moves in the market will enhance Citi’s client network globally and would help the company in sustaining its market share in uncertain economic environments.

Citi currently retains its Zacks #3 Rank, which translates into a short-term Hold rating. Also, considering the fundamentals, we maintain a long-term Neutral recommendation on the stock. Citi’s closest competitor, Fifth Third Bancorp (FITB – Analyst Report) also retains a Zacks #3 Rank (a short-term Hold rating).

http://www.zacks.com/stock/news/54245/Citi+Partners+with+Bank+of+Baghdad

Frank states about the 1.3$ said that the Iraq Dinar is going for this rate – if you did not read betweenthe lines…

DEB NEEDS THIS ARTICLE

Ali said I will be back when there is a signaticant increase in the Dinar – watch for his return….

Frank states the rate was actually around $1.17 and it was rejected and when brought back 3 months later 3.2108 and we are looking at a rate that Is not being used in the budget right now – its was suggested last year and is being used to cover up the true rate… I recognize this rate of old $1.17 and again to cover up the current rate…

June 13th – emergency session meeting was posted today in error dated the 13th so that must mean that is the date of the their emergency meeting that will be held – its being manufactured all over again at two weeks down the road = Here is the article about the session to come:

The effects of port «Mubarak» on the navigation will appear within weeks

31/05/2011

Special session of parliament to take a position on the issue

Baghdad – Basra – Al Sabah

House of Representatives held a special meeting on June 13 to discuss the next file in the presence of the port of Mubarak and Minister of Foreign Affairs and Transport, while the company revealed that the effects of ports for the port of Kuwait on Iraq’s navigational channel will begin in the coming weeks.

A parliamentary source said the “morning”, said the meeting of the Council of Representatives on June 13 next will include research in a number of options to be taken, and examine the results of the visit of the Iraqi delegation formed by the government to the State of Kuwait.

The source said: “The decision will be taken during the parliamentary session, which will reveal maps and charts to show the extent of damage to Iraq due to the creation of this port.”

He was Minister of Transport, Hadi al-Ameri said in a press conference held in Basra last week: “The Port Mubarak Kuwait impede navigation in the shared waters, and contrary to Security Council resolution 833, so, Iraq would not accept it, waving to resort to” the Security Council in the event of Kuwait’s insistence on its construction. “to the detection of general manager of ports on the effects of the port of” blessed, “the Kuwaiti channel Iraq shipping will begin over the next few weeks. The head of the company, Captain Salah al-Khadir Abboud said in a statement to the reporter (morning) in Basra Saad al-Samak that in If the continued establishment of the port on the Kuwaiti side, “Mubarak”, the negative effects of the ports of Umm Qasr, North and South and the Khawr al-Zubayr and pavement liquid gas will appear during the next few weeks.

He added that the continuation of drilling operations, reclamation and the extension of the breakwater and pier service for the project Kuwait will convert part of the navigational channel of Iraq to the island, pointing out that San port Mubarak extends a length of 1800 meters away last point of which is about 300 meters from the navigation channel, which significantly affects the movement of ships and vessels entering the country.

He said Captain Abboud said the withdrawal of the construction site of the port, “Mubarak” a distance of five miles away from the navigational channel will solve the Iraqi crisis, and prove the goodwill of the Kuwaiti side, he said.

He pointed out that the technical delegation formed by the government to visit Kuwait, rejected the site chosen by Kuwait to set up the port for being threatened and restricted traffic and closes the passage Iraq Marine, warning that the Kuwaiti side, view maps of the site differ from the maps of reliable Italian set designs of the port of Faw. And that The report, prepared by the delegation and includes aerial photographs unique to the “morning” published said that the San port of Kuwait would be an island located on the edges of final maritime boundary that was demarcated in 1991, stressing that this is contrary to resolution 833, which committed the parties to free navigation, as well as it would turn this island to new frontiers within the navigation channel of the territory of Kuwait.

http://www.alsabaah.com/ArticleShow.aspx?ID=8477

Even the rate is waiting for the GOI says Frank

Delta is not in a position to contact us yet but will when its safe for him to do so

Darline has article – Iraq List is meeting today to determine the final position on the process…

Frank says this has been in operation now for a year… why do they tell this now?

The WTO membership is coming up due on the 7th - this is the time period to be members …. and the Maliki’s 100 days comes to an end on the 7th – Shabibi wants coordination and assistance with this endeavor…then he will give the Rate….

Shabibi starts talking about the 3 zeros again and the IMF says this must be done and Shabibi said we will tell our neighbors about this policy and they well tell them the rate – its amazing – and the 3 zeros will co-exist and no time limit to exchane the dinars – they may start the order to remove the final 3 zeros – they may give us 6 months to remove and null and void the 25,000 note then the 10,000 note the null and void then on to the 5000 note untill its all lifted… Darline says how can they do this – their monetary policy says that they will always adhear too cashing in to giving lower denoms… Frank says ok but just put that scenario in your notes…as we were given this to study as a possibility…

Darline spoke on Laws passed and those waiting on the parliament to pass…

Frank says in last two weeks the meeting being held behind closed doors with GOI has dealt with some of these laws we are looking for is the info given to us due to team, the attitude that they have lifted Chapter 7 and they implied the rate that laws MUST be passed so they COULD do that… HCL is also something that needs to be paid attention to if we are headed to the home stretch -

Darline says she believes we have a good chance to see what we have been breathing and living for the last 3 years for – and Darline states time and day of the numbers lining up and with the Endeavor coming home the last time it will ever do a mission – 6-1-2011 = 911 another date in our history… if you take 6, 1 2 1 1 = 111… only time this will appear on our calendar…

June 1st 153 currencies are to be in effect tomorrow – something happened Sunday – see now Says Frank……..

END OF CALL

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