Highlights/Thoughts
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1. Iraq must RV prior to the DFI extension expiring in June
2. They have debts to pay. If they do not have a tradable currency, it will force creditors to go after the assets being protected by the DFI
3. Iraq has waited 19 years to get the assets back that are protected by the DFI
4. Iraq is recruiting US companies and telling them that a valuation of the IQD is coming
5. Med is not concerned with it not happening. He's just concerned about what might come up next to delay it
6. Med is watching for the budget to be read and the remaining seats to be filled
7. No vote on ministry positions this Sunday since Maliki will be out of the country
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