DocDinar: I am very encouraged by everything I've heard this week. Many positive rumors, many positive articles. There has been a clear shift of positive news in our direction.
The rumors point toward a breakthrough as early as tomorrow possibly and the articles say that the reform paper and Ministers could be agreed upon tomorrow. Everything looks very positive from where I'm sitting.
Mountainman: It looks like this great news week will end with a bang. The Speaker and the PM are meeting tomorrow and we may see Ministers announced finally. What a great welcoming present that would be for the President.
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Mountainman: I read that they are also going to have the National Meeting soon. The World Bank is investing Billions in Iraq's development and together with the Ministry of Finance is working on a 4 year plan. I am very excited by this news!!
Msmortgagewiz: Who knows maybe Talabani is smarter than the average bear. GERMANY & IRAQ historical overview. • Long lasting cordial relationship between the two countries for decades.
• Germany has always been one of the main trading partners to Iraq. • Close bilateral relationship of Hypovereins bank to Iraqi governmental banks (Central Bank, Rafidain Bank and Rasheed Bank)
. • For years Hypovereins bank was one of the leading German banks using the oil-for-food program to Iraq (in place until 21.11.2003). • Hypovereins bank was the sole German banking institution participating in the consortium for Trade Bank of Iraq ("participating bank" in 2004 and "operating bank" from 2005).
• In 2004 Germany agreed to a debt relief of 80 % amounting to EUR 4,7 bn.