2-6-11 Nighthk11 chat

Highlights/
PLEASE IGNORE THIS IF YOU DO NOT WISH TO READ RUMORS

Click on the title of this posting to get the details of this chat on DV

1. The budget is NOT needed to RV
2. The budget needed to be passed to pay for the "new dinar" ordered from De La Rue, which bears the Kurdish language
3. On 12/15, Iraq was released from Chapter 7 (sanctions related to trade)
4. If they are still deemed a threat, they will not be released from the Chapter 7
5. Monies to support the RV have already been designated ($50 bil)
6. They were supposed to RV on 12/15 in conjunction with the release of trade sanctions
7. Since they did not and Maliki attempted his "mess", this prompted Biden to go back and activate the Barzani initiative
8. There will be NO MORE LOANS from the IMF or WB, and no inclusion to the WTEO unless they RV
10. The recent IMF loan of 4.5 billion was agreed because the RV is imminent
11. They are new loans to support the budget
12. The loans will come after RV
13. Contrary to what is printed, they did find WMD in Iraq--just not what we think. What they found was far more powerful
14. We are waiting for an announcement today. If all that has come in is true, Maliki will be on Iraqi TV with an announcement of the government, budget, and RV
15. All decisions pertaining to Chapter 7 and Iraq have been decided--just not announced
16. The budget passing is a bid deal from the perspective that it means the Kurds got another of their points handled--currency with Kurdish language
17. Parliament has ratified the budget and sent it forward to be published in the Gazette
18. If all news is correct, the Rv is next
19. Night isn't sure why they want to borrow money since they adjusted their budget to account for the rise in oil prices
20. Word is that the government was done last Thursday
21. If dignitaries are on there way, it can mean nothing else
22. The situation in the ME lit a fire under them because they see they are NEXT
23. Borrowing from the WB and IMF always comes with strings
24. There will be a budget surplus. This is why the price of oil was raised
25. The incidents in Egypt were sparked in part to raise the price once again because a large amount of the world's oil transits through the Suez Canal