Stryker

Coalition ! calls for Iraq to hold an open meeting to approve the budget

Quote: "the House of Representatives approving the budget bill so as not to be a black spot in the history of the current session of the Iraqi parliament. "  READ THE ARTICLE HERE -- https://www.dinardaily.net/t34317-coalition-calls-for-iraq-to-hold-an-open-meeting-to-approve-the-budget#214973
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If this is true and th! ey can get it done before the June 14th Turki should have everything he needs for the economic situation to be right for the country, especially since OFAC has already terminated the prohibitions under Obama's new executive order amending EO 13303.

Keep in mind, as I said on my webcast the other day: with the prohibitions terminated the follow things have occurred: the currency transfer companies have been approved to buy the USD straight from the CBI and the IMF's Article VI and Article VIII of the Articles of Agreement are now complete so the IQD is free now to move into the global markets as a tradable currency.

Now we just need to see the political situation be correct for the country so Governor! Turki can implement the reform program and here is a great start in seeing this happen.

The majority is not with Maliki but with the other political blocs according to this article:
Citizen: the majority of the Libyan state law is not with al-Maliki, but with other blocs

Quote:
"Prime Minister Nuri al-Maliki has had 95 seats, representing less than one-third of the members of Parliament, ! then your majority public is with the other two-thirds, not wi! th this o! ne-third,"

OK, the ratification of the election results should be announced between Tuesday the 10th and Saturday the 14th and we will see the New Alliance announced and the formation of the New Government will be underway.

I would think Turki should have everything he needs because the political and economic situation will be right for the country and the timing couldn't be better for the launch of the Iraqi Stock Exchange going global July 1, 2014 and also remember that the global stock market comes into Iraq as well.

Next week should be a very telling week for us folks and we will keep you update as to all the breaking news.

Thank our newshounds next time you see them for their dedication and hard work in bringing us the latest news.

Have a great weekend my friends,


Stryker

The only thing terminated by the amendments to EO 11001 are the protections against creditors. They have been able to exchange, trade and enter the international markets for a long time. It is just a question of when they feel they are ready to make the move.