_A good chat from 3sintel:
1:38 AM [SouthernLawya] We are aware the UST --they have tested the basket, coded it for the (1st) code and released it to the BIS (gets IMF confirmation from IR to give launch (2nd) code embedded with the rate).... the BIS releases back to the UST to recoop confirmation from IR to release to all Central Banks (3rd) code
[..SweetQueen] SouthernLawya ARE WE AWAITING THE 2ND OR 3RD.
[mamari4] SouthernLawya Any guess as to what time frame IYHO if they move immediately?
[SouthernLawya] mamari4 I do...and I believe the US is "expressing" great concern in IR at this moment as to why that last code is imperative to the very existance of IR
[mamari4] SouthernLawya do you mean impressing upon them that the time is NOW
[SouthernLawya] mamari4 absolutely....I really don't think they want to lose evrything they have worked 10 yrs to build.....
[mamari4] SouthernLawya ok I just wanted to be sure I understood what you were saying... I would think that the worldly Dr. Shabibi - know ing the West as well as his own country would have a good handle on all of this...
[SouthernLawya] mamari4 I wud think so, and I wud think that the US has a pretty good idea of maliki and how to handle him if necessary....
[SouthernLawya] all opinion, but it sure makes sense to me....I can't see Shabbs throwing away all that he has put in his 7 plus yrs their down the drain to start over ...cant see them losinng WTO, OPEC membership and their country sinking at a faster rate than ours...doesn't seem plausible to me in the least...
[BWM] SouthernLawya it's hard to be the president-elect of OPEC if you can't be a member don't you think
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__[SouthernLawya] and BWM is right, who wants CHINA breathing down thir neck...and do they really want the US to takeover their finances? Think we have enough issues of our own.....geez!
[SouthernLawya] BWM do you feel IR can get any extra time past the 23rd?
[BWM] SouthernLawya think if it goes past Christmas we may have a slight issue... but don't expect that
[SouthernLawya] BWM okay...because with the Islamic New year and their budget beginning on Dec 25 (news to me) seems like we could go up to the 24th?
[BWM] SouthernLawya by Christmas... consider banks are mostly closed on Monday anyway
[BWM] 1biz4u what slight issue is it that you speak of
[1biz4u] BWM The one you might happen if it goes past Christmas
[BWM] 1biz4u no issue per se.. just timing but again, I believe by Christmas
[BWM] here's something fun for the day... if you look at some of the "other" country news... the bombing in Iraq has hardly had a mention... but the US and Iraq blogs have really really made a point of pushing it... AHHH CIVIL WAR and such... hmmm why is that do you think
[SouthernLawya] BWM diversion..........
[ChrisB] BWM what is the status of the turnover of ministers. I am not convinced that sanctions mean anything at this point but that is just me.
[BWM] ChrisB they can RV with or without sanctions... doesn't matter...except for their future
[BWM] ChrisB has nothing to do with hammer logic... there are things holding them to do this... it's a long process they do not want to repeat... and you could see how afraid Maliki was that NATO would pull out