CyberCyndi: 1-3-14 Intel from my source this morning. It's all good ....
Finally we have some news after several dry days:
Iraq has met with US and both agree and Iraq has called for the immediate activation of the complete SFA
The tariff and customs laws are activated as expected so they are now hustling to get all the ports ready and the budget through and get the rate to where it should be to have fair pricing for global trade.
They are in action and the moment they actually begin trading they much has a new rate.
The budget for 2014 is expected to be passed on Saturday BUT it is not necessary for the reality rate to be published. That will be done with data entry by CBI and show when it does.
Read More Link on Right
The parliament has many laws that are ready to be voted on and pass all at once since their activation is interdependent although again, while we do not need this before a new rate shows, they may coincide & show up at the same time.
We have not seen anything on full membership in WTO as was expected on 12/31 for several months
The ISX (their stock market) is scheduled to open on 1/6. The first and only product that makes the rest of the stocks valuable internationally is their Dinar. Intuitively we should see the new rate by then since they cannot open without it and the Dinar is a primary product for them to trade.
CBI has full control of when the reality rate is published for international trade. We have seen nothing from them recently. They are closed Fri. and Sat. which I think would be a perfect time to spring the new rate on us don’t you think?
So we continue the vigil and will report and expect massive news in the next couple of days. Be assured that things are working and this will conclude even if we see no news as in the past few days.