6-24-2012 Blaino: Shabibi and Maliki took seperate planes to Switzerland to meet with the BIS. This is a big deal.
They may do an RI then allow the forex to trade it up and then Shabibi steps in and make it a managed float. Iraq does have a government already and they are sovereign.
The ministers are already there, their names have been painted on the door for a long time. China is the big elephant in the room that has been quiet for a long time.
I think the tariffs are a really good marker and indication that the RV is coming although it's not directly related. Being out of Chapter 7 is not a requirement for the RV.