The following Security Council press statement was issued today by Council President Alfred Moungara Moussotsi (Gabon): The members of the Security Council welcomed the Government of Iraq’s assumption of full autonomy over the proceeds of the Development Fund for Iraq as of 1 July 2011. The members of the Security Council welcomed the Government of Iraq’s establishment of a successor arrangement for the transition of the Development Fund for Iraq, consistent with resolution 1956 (2010). The members of the Security Council noted that, in this regard, oversight of the full proceeds from the Development Fund for Iraq has been transferred from the International Advisory and Monitoring Board to the Government of Iraq’s Committee of Financial Experts, which will exercise authority, in accordance with its terms of reference approved by Iraq’s Council of Ministers. The members of the Security Council reiterated their welcome of the ongoing efforts and commitment by the Government of Iraq to ensure that oil revenue is used in the interests of the Iraqi people, and to ensure that transition arrangements remain consistent with the Constitution and with international best practices in respect of transparency, accountability and integrity. The members of the Security Council underscored the importance of Iraq’s continued compliance with relevant resolutions, including paragraph 21 of resolution 1483 (2003) and resolution 1956 (2010).
Delta states: High Possibility the rate could come out tomorrow early AM as Iraq will officially be international as of July 1st 12:01am – the papers were given today at the Jordan meeting, they have been totally released from Chapter 7 and are into Article 8 so therefore the rate can show anytime after midnight, and since the IMF is in control they could show the rate any time – and then it may mean we could be cashing out on July 5th… TOMORROW July 1st is a huge historical day in Iraq and I feel this may happen – Frank says SUDDENLY in the still of the night.
6-30-2011 Guru TonyTNT Got a call from the Treasury Dept and they said that it is on and it is done. Everything is done in parliament and that it is going down today. The bank I spoke to said that they do see the rate...They are seeing 5.25... Is it US or is it to the GBP? I am fully expecting to see this rate come out tonight
From NY Times
Strauss-Kahn Case Seen as in Jeopardy
The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials.
Although forensic tests found unambiguous evidence of a sexual encounter between Mr. Strauss-Kahn, a French politician, and the woman, prosecutors do not believe much of what the accuser has told them about the circumstances or about herself.
Since her initial allegation on May 14, the accuser has repeatedly lied, one of the law enforcement officials said.
Read complete article on NY Times website
OKIE OIL MAN] I THOUGHT I MADE IT PERFECTLY CLEAR WITH YESTERDAY'S POST OF THE POSSIBILITY OF IT RUNNING INTO THE 4TH HOLIDAY---THE R/V IS COMPLETE AND THE NUMBERS CAN APPEAR AT ANYTIME---EXERCISE PATIENCE--IT'S FAR MORE COMPLICATED THAN- (I WANT IT MY WAY)
[OKIE OIL MAN] I CAN NOT ADD ANYTHING FURTHER--IT IS DONE--WE'RE JUST WAITING FOR THE NUMBERS TO BE ACTIVATED---YES--IT'S REALLY THAT SIMPLE
[OKIE OIL MAN] HERES SOMETHING TO CHEW ON--THE UN OPERATIONAL RATES ARE USUALLY PUBLISHED ON THE FIRST AND FIFTEENTH OF THE MONTH BUT CAN BE CHANGED WITH AN EMERGENCY CLAUSE WHEN NECESSARY----I AM READING WHAT YOU TYPE----
6:27 PM [faithworks2]
[athena] wow wow wow
[athena] it is done and official
[athena] I can not say when it will show but it is showing live now
[athena] on forex
[athena] this is it folks
[athena] I can't say rate but I believe Al stated it last night
Read More button on right
Bluwolf text from blu - Shabibi to make an announcement tonight
[bluwolf] Jordons meeting is important,,announcementposiblity 1 hour before midnight Iraq time,,lets see
[bluwolf] Well I guess I will go being that I am very positive that all is done now
[bluwolf] And if some are negative theres no reason in being here chao all,11pm Iraq time
[bluwolf] Sometimes one speaks to the wind,,,,bye,,,,shame,,,Jesus
[bluwolf] Listen up rates floating right now on bank screens between 4.86 to 4.89 so we are close
[bluwolf] They always float before a rv they start low and rise to the peak offered by the asker
[floridadinar53] but Delta doubts as they were waiting since 1990 to do this – its coming… Frank states that the other 3 files is what should happen if there is no announced we will wait the weekend to see what happens after our 4th of July and by the 5th – as by the 11th the first payment of the Paris Debt is due and you can’t make that payment with their currency at this value right now – so they have to have a revalued currency BEFORE the 11th to make this payment… THEY HAVE TO RELEASE THIS RATE ASAP…Logic and fact shows that this will take place also being reported on TV they have to show the rate tomorrow… Has to be done by June 30th… July 1st is the start of their economy- July 1st is Dr. Shabibi’s birthday… If we do not see the rate tomorrow – the 4th of July weekend plays a big part in what’s going on – on the 30th Delta says that if we do not see the rate do not worry this is coming… they are done… may be a technical thing but it SHOULD HAPPEN no reason why not – only if they delayed till Saturday – never done on a Friday but maybe even Sunday and US July 4th is a day off and they may let the banks have the time – but Delta doubts as they were waiting since 1990 to do this – its coming… Frank states that the other 3 files is what should happen if there is no announced we will wait the weekend to see what happens after our 4th of July and by the 5th – as by the 11th the first payment of the Paris Debt is due and you can’t make that payment with their currency at this value right now – so they have to have a revalued currency BEFORE the 11th to make this payment… THEY HAVE TO RELEASE THIS RATE ASAP…
ON Randy's call (currency chatter) he stated that if it doesn't happen today...then doesn't see it taking two more weeks...it must happen tomorrow..the next day ...he said it is a "day by day thing" cannot go any longer.Randy states they have to pay their people by July 1, tomorrow and to do that they must rv and open the budget. (he stated this into the Q& A when someone asked ..."if it doesn't rv on the 30th how long can this go on?"
[BOBSFUN] ok, 2 things, 1) my contact just called and said it should be on forex by 5 pm est today, 2) Spartans forex contact was called in last night and has been there ever since. His own brother can't get thru to him so he may be under lock and key. (keeping him quite) for 24 hours. Thats all i got and i hope and pray it moves forward. All other contacts have clammed up, quiet as a churchmouse!