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Post by Troyboy Thu May 09, 2013 10:17 pm

5-9-2013 Newshound Guru Stryker We have now seen our first article written about the Executive Order (EO) 13303 and the options associated with the expiration date of May 22 since the US Treasury and the Federal Reserve told Iraq back in February that they were not going to extend it another year. This pressure and other actions put on them by the UN I believe have caused a since of urgency for Iraq to get the necessary issues under control so they can be removed from all sanctions thus removal of Chapter VII and that would enable them to protect their funds under full sovereignty with out the protection of the EO 13303...Iraq will need to be as secure and stable as they can for them to have a tradable currency and be lifted back into the international community before we see our investment gain in value.


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Post by Jayzze Fri May 10, 2013 8:31 pm

not sure if true or not but iraq has made other orangements to protect there money they also have to pay kuaitt in full or they will not be released. this is why the emir of ku never showed up no money honey no release
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Post by Kevind53 Fri May 10, 2013 11:00 pm

The sanctions are from the UN not Kuwait. Kuwait has noting to do with their release. Having read all the pertinent resolutions, it is solely up to the security council to make the determination. They can do it at any time if they feel Iraq has made sufficient progress. Besides, the economic sanctions are long ago removed so I see no impediment to the RV there. Nor does the EO 13303 have anything to do with it. EO 13303 is an order signed by President Bush to protect the Iraqi Development Fund from creditors. We either extend it or not. It has nothing to do with their sovereignty, or with Chapter 7.

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