9-13-2012 Boozer (Dinar Vets): Maliki is in the US with the UN and Obama on the 18 and 19. Shabibi is in London same time and Talabani is back in Iraq the same time. The ministry of defense has been named.
Sounds like a plan. Shabibi will RV on the 18th so Maliki can ask for Chapter 7 release on the 19th and Talabani will have everything else done by the same time. Funny how Talabani is coming back on the day Maliki is out of town. Just seems like a nice circle. So, I'm calling an RV this Month 1 for 1. Just the way I see it.
Read More Link On Right
9-13-2012 TrinityeXchange: I am hoping someone here has a paid subscription to Iraq Oil Report. I can't get to the rest of the article. This is very very good information! Progress in KRG-Baghdad oil talks.
"Key officials from the central and Kurdish governments signed an agreement Thursday that will increase Kurdistan's exports and re-start Baghdad's payments to contractors, according to an official who was at the meeting.
An agreement was made in principle to pay the entitlements to the companies producing oil under contracts awarded by the Kurdistan Regional Government (KRG), said the official.
Certain steps will take place, to pay the entitlements in installments, and then for Kurdistan." Here is an article highlighting events that must have been a precursor to the agreement being reached. Could this mean a possible HCL is reached?! I'm trying to stay grounded here but it is very very difficult. LINK
9-13-2012 Katie45: The way a currency rises in value is when there is greater demand than product. And in this case, the CBI controls the product, the flow of dinar. When the central banks begin buying and selling (inter-bank) with high demand for it, and low supply the rate will climb no doubt.
Therefore, I don't expect it to sit at a low rate for long. But this will clearly be profitable for all parties involved which is key. As the dinar rises, some may cash in, creating liquidity in the fund slowing the rise in value. Eventually, it will reach a equilibrium of sufficient flow and demand and settle at an "international" determined rate. Shabibi may want the world to set the rate.
9-13-2012 Mike: Allawi decides to come back to Parliament and all of sudden there is pressure. Maliki will be questioned on Saturday. Parliament has been busy. They are going to pass major laws on Thursday.
Basically Parliament is going to call for him to go ahead and seat these people and he will have a situation explaining why he is not moving this economy forward. I am looking for a lot of action over the next few days and we will see what happens as Parliament gets into session.
I believe that all of this is going to force him to have to seat his government which is all positive for us.