<<< The tarfiffs are in place and the WTO will not let them even trade without a REvalued curerncy that outta say a lot. They are up against the wall, Iraq is backed up into a corner and they have to do something.
Chapter 7 will not go away either unless they RV. June 15th still on track for UNSC (Chapter 7 release?) and tariffs implemented July 1st. Hard to see us getting out of June 2012 without an RV on the IQD (and VND).
OH and don't bother to call ScottiG he is with me 100%. Maliki is not the issue, Iraq needs the money now and with Tariffs in place and the WTO saying they can't trade without a RV'd currency, puts them in a tight spot. Iraq needs to do this period, that's all and the banks are well aware of the pending RV. It will be soon, I'm hoping by June 15th.