Highlights/Thoughts
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1. The President of the Kurdistan Regional Government(KRG) said they are working on getting the export of oil in the region, and it will begin exporting soon
2. Maliki said that Kurdistan has signed contracts with oil companies and the companies have benefits under the contracts. He said the government must bear the agreement
3. A spokesman from the KRG said the agreement was reached with Baghdad at a meeting attended by Maliki, the Oil Minister, and a delegation of Kurdistan, and was headed by the Kurdistan PM
4. Shahristani, deputy PM for energy affairs, denied that the differences were resolved and said that Maliki misunderstood
5. The differences have been going on for years, but the adviser at the Ministry of Natural Resources in KRG and the Chairman of the Commission on oil and gas in the Iraq Council of Representatives are expected to solve the differences and have yet to activate the HCL (oil and gas law)
6. They expressed optimism about addressing all the issues during the next few months, if there is political consensus and especially after Maliki agreed on the Kurdish demands (including the oil files)
7. A political analyst was less optimistic
Friday, February 11, 2011
2-11-11 Council policies will be presented to parliament next week
Highlights/Thoughts
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1. An MP from the List said that the law of the Supreme Council policies will be submitted to parliament next week for a vote
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1. An MP from the List said that the law of the Supreme Council policies will be submitted to parliament next week for a vote
2-11-11 Protestors head to green zone to stage sit-in
Highlights/Thoughts
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1. Scores of protesters gathered today in al-Tahrir square
2. They headed to the green zone to stage a sit-in
3. The demonstrators are demanding better social services, stable food prices, and investigations into corruption cases
4. Most protesters are active in Facebook and Twitter
5. One person said this is the last warning to the GOI
6. If the demands are not met, there will be a million-person demonstration on the 25th like those staged in Tunisia and Egypt
Click on the title of this posting to get the details of this article
1. Scores of protesters gathered today in al-Tahrir square
2. They headed to the green zone to stage a sit-in
3. The demonstrators are demanding better social services, stable food prices, and investigations into corruption cases
4. Most protesters are active in Facebook and Twitter
5. One person said this is the last warning to the GOI
6. If the demands are not met, there will be a million-person demonstration on the 25th like those staged in Tunisia and Egypt
2-11-11 House of Representatives plans to transfer assignments from door to door in the budget as approved
Highlights/Thoughts
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1. A deputy from the List said that the Council of Representatives will make amendments to eliminate the transfer of financial allocations within the budget
2. He stressed that the Council will not bring the draft budget law to the GOI to modify
3. He said the GOI will accept the amendments and will approve
4. He said there will be vast changes to the budget bill through transfers of some of the financial allocations in order to improve the economic service in the country
Click on the title of this posting to get the details of this article
1. A deputy from the List said that the Council of Representatives will make amendments to eliminate the transfer of financial allocations within the budget
2. He stressed that the Council will not bring the draft budget law to the GOI to modify
3. He said the GOI will accept the amendments and will approve
4. He said there will be vast changes to the budget bill through transfers of some of the financial allocations in order to improve the economic service in the country
2-11-11 PD rumor - Wall Street on RV
<b>Highlights/Thoughts</b>
Click on the title of this posting to get the details of this posting on PD (membership required)
1. Quote from top brass on Wall Street who works directly with RVs worldwide:
"Wall Street is in direct contact with the Central Bank of Iraq. The dotting of the i's and the crossing of the t's are happening. Top brass at Wall Street are very confident the Iraqi RV could be happening within hour's (I won't hold my breath, but who knows?). He tells us to 'chill'... that it was going to happen."
2. This type of dotting of i's and crossing of t's happens all the time with currency revaluations
3. The RV for Iraq is no exception
4. In fact, it is even more important that this is done correctly, which is the cause of the delay in getting it done
5. It's coming
Click on the title of this posting to get the details of this posting on PD (membership required)
1. Quote from top brass on Wall Street who works directly with RVs worldwide:
"Wall Street is in direct contact with the Central Bank of Iraq. The dotting of the i's and the crossing of the t's are happening. Top brass at Wall Street are very confident the Iraqi RV could be happening within hour's (I won't hold my breath, but who knows?). He tells us to 'chill'... that it was going to happen."
2. This type of dotting of i's and crossing of t's happens all the time with currency revaluations
3. The RV for Iraq is no exception
4. In fact, it is even more important that this is done correctly, which is the cause of the delay in getting it done
5. It's coming
2-11-11 Notes from Frank's call
<b>Highlights/Thoughts</b>
Click on the title of this posting to get the details of this posting on PD (membership required)
1. 2 weeks ago, UST sources said 10 days and by the 13th
2. Maliki wants this done by the 15th as the 16th and 17th is the GCC meeting and they want them to become part of the GCC. So, they have to have a currency to be part
3. Darline alleges they have a complete GOI and the RI could be announced Sunday
4. Angelquest has the article that the GOI was voted on and formed Dec 21st
5. Frank says they never announced
6. Maliki messed up the budget and now he kept his promise and released the ministers
7. The ministers were announced as well as adjustments made to the budget
8. Angelquest thinks the RI will be done on Sunday since the adjustments to the budget were posted
9. Frank's London team member's job is to communicate with all the Iraq reps in London
10. Frank states that the London team member spoke to an Iraqi Supreme Court judge from Parliament
11. He reports the SC is agitated with maliki's behavior and Maliki is now receiving a lot of pressure from Parliament
12. Agitation is increasing as they have not done what they promised to do
13. They want to intervene on Maliki's cabinet selection
14. Parliament told Maliki this week he must sit the government down on Sunday
15. If he does not, Parliment will convene to form a no confidence vote against Maliki and Talabani
16. This will cause a completely new election
17. Maliki is in violation of the Constitution and broke rules before the Supreme Court. He violated too many laws and constitutional regulations
18. They are pressuring Maliki to do this by Sunday
19. The judge said the agitation started 2 years ago
20. Maliki promised contracts would be honored and its been 2 years
21. The contracts promised to bring in the utilities into Iraq
22. Utilities are a priority. Some of the contracts were saved. Some were lost
23. The contracts cannot be activated because they were negotiated and expressed in British pounds and were written in fixed amounts of IQD that would equal the amount of the number of British pounds
24. People are upset and there is violence but not as bad as Egypt
25. If Maliki does not do this by Sunday, it could mean more violence in Irq
26. Frank will speak on a 3 way call today with the Judge
27. The judge said the contracts cannot be activated because the amount that was expressed was GBP $2.87, which is $3+ USD. When you convert $2.87 it equals $4.61, which is not for us
28. The amount for us is $4-$5 and is what is being told from an extraordinary source
29. But GENX feels it will RI as defined in Chapter 7
30. It will RI with 20% more, which is $3.91
Click on the title of this posting to get the details of this posting on PD (membership required)
1. 2 weeks ago, UST sources said 10 days and by the 13th
2. Maliki wants this done by the 15th as the 16th and 17th is the GCC meeting and they want them to become part of the GCC. So, they have to have a currency to be part
3. Darline alleges they have a complete GOI and the RI could be announced Sunday
4. Angelquest has the article that the GOI was voted on and formed Dec 21st
5. Frank says they never announced
6. Maliki messed up the budget and now he kept his promise and released the ministers
7. The ministers were announced as well as adjustments made to the budget
8. Angelquest thinks the RI will be done on Sunday since the adjustments to the budget were posted
9. Frank's London team member's job is to communicate with all the Iraq reps in London
10. Frank states that the London team member spoke to an Iraqi Supreme Court judge from Parliament
11. He reports the SC is agitated with maliki's behavior and Maliki is now receiving a lot of pressure from Parliament
12. Agitation is increasing as they have not done what they promised to do
13. They want to intervene on Maliki's cabinet selection
14. Parliament told Maliki this week he must sit the government down on Sunday
15. If he does not, Parliment will convene to form a no confidence vote against Maliki and Talabani
16. This will cause a completely new election
17. Maliki is in violation of the Constitution and broke rules before the Supreme Court. He violated too many laws and constitutional regulations
18. They are pressuring Maliki to do this by Sunday
19. The judge said the agitation started 2 years ago
20. Maliki promised contracts would be honored and its been 2 years
21. The contracts promised to bring in the utilities into Iraq
22. Utilities are a priority. Some of the contracts were saved. Some were lost
23. The contracts cannot be activated because they were negotiated and expressed in British pounds and were written in fixed amounts of IQD that would equal the amount of the number of British pounds
24. People are upset and there is violence but not as bad as Egypt
25. If Maliki does not do this by Sunday, it could mean more violence in Irq
26. Frank will speak on a 3 way call today with the Judge
27. The judge said the contracts cannot be activated because the amount that was expressed was GBP $2.87, which is $3+ USD. When you convert $2.87 it equals $4.61, which is not for us
28. The amount for us is $4-$5 and is what is being told from an extraordinary source
29. But GENX feels it will RI as defined in Chapter 7
30. It will RI with 20% more, which is $3.91
2-11-11 House of Representatives is determined to approve the budget next Tuesday
<b>Highlights/Thoughts</b>
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1. A member of the House for the National Alliance said the House will pass the budget on Tuesday, and he noted the date is in accordance to the request of local and international orders
2. He said two or three technical aspects will be resolved prior to approval next week
3. He fears that political bargaining may cause a delay or cause an in-balance in the budget, and he said the Council insists that what was agreed upon before is what they will approve
Click on the title of this posting to get the details of this article
1. A member of the House for the National Alliance said the House will pass the budget on Tuesday, and he noted the date is in accordance to the request of local and international orders
2. He said two or three technical aspects will be resolved prior to approval next week
3. He fears that political bargaining may cause a delay or cause an in-balance in the budget, and he said the Council insists that what was agreed upon before is what they will approve
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