Friday, February 18, 2011

2-18-11 Confirmation from Nighthk11 on Steve I's info

Highlights/Thoughts
PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS

1. This is part of a chat from Night
2. Night confirms he received the same information regarding the pre-RV announcement, confirming Steve I's information

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12:03 PM [Nighthk11] with that being said where are we now?- very close to disclosure- Now there was a celebration in baghdad- there was an announcement to those gathered- it was about the impending rv and what could be expected with a rate announced- it was not the rv- just an announcement of what is to come and the rate
12:04 PM [Nighthk11] this is what was related to me- the figures quoted was over $3.00- so part of the rumor pans out

2-18-11 Agreement on the re-opening of the Kuwaiti Consulate in Basra

Highlights/Thoughts
Click on the title of this posting to get the details of this article

1. Maliki's meeting with Kuwait produced positive results, especially as it is related to the details of the outstanding issues between the two countries
2. The Deputy Prime Minister from Kuwait said this is the first time they spoke in details and they have procedures for each subject. He said they have an agenda for the Joint Committee meeting to be held in March
3. He also said there is agreement between the two countries to reopen the Kuwaiti Consulate in Basra, and said their Consul Kuwait is waiting for re-delivery of the consulate building and property
4. Zebari said the talks included discussions on Iraq's right to use the sea lanes in accordance with International legitimacy resolutions and the proposals from Kuwait to help in this area
5. He also said both sides discussed all issues relating to Iraq's obligations regarding resolution 833 of the Security Council (border issue, missing Kuwaitis, property, compensation, and debt)

2-18-11 Agreement to support the ration card trillion dinars and the budget vote Sunday

<b>Highlights/Thoughts</b>
Click on the title of this posting to get the details of this article

1. A parliament source said the budget will be voted on during the meeting on Sunday, and he said the conferees agreed to support the ration card budget of 1 tril dinar
2. He said they discussed paragraphs 13 of the federal budget and noted there was a vote at the meeting to support the 1 tril dinar amount for the ration card
3. He said they also agreed to support the social protection system, the development of the regions, the service sector, agriculture, support for students, and allocating a portion of imports of pilgrims to the provinces
4. The Sadrists announced they will not vote on the budget if it is absent of allocating 15% to the Iraqi people
5. Much of the document provided historical reference of the events related to the budget as well as budget details

2-18-11 Skype chat - rumor regarding Steve I's info

Highlights/Thoughts
PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS

1. This basically is someone's confirmation of Steve I's posting regarding what took place in Iraq (referring to the pre-announcement, the bleachers, etc.)
2. This person's source is not connected to Steve I

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[*****] This email was forwarded to me from my Father in law this morning. I wanted to share because it is just more conformation on what Steve has told us. I like it... go RV This Is From KME who is Very level headed and Trustworthy IMO:

The only thing new I can tell you is that EVERYTHING Steve said the other night has been confirmed by another source, from a different part of the world. There is NO DOUBT in my mind that the INTENTION TO RV has been announced in Baghdad, and was done at the "ceremony." What you need to keep in mind is that the RV itself HAS NOT BEEN ANNOUNCED in Baghdad, but the INTENT TO DO SO has been announced. In other words, NO ONE is cashing out in any part of the world right now. But the fact that we will be has been put out. Not to the public, but to the "high ups." This was announced to major world bankers and people who are handling LARGE projects for Iraq. The people that were at this meeting were INVITED. No one just showed up, and stumbled upon this ceremony. So, to put my "Common Sense Commando" point of view on things, I would say that we should be watching VERY closely in the near future (as in the next week or so.) Iraq CAN NOT wait very long before triggering this, because they know it will slip out to the rest of the world FAST!! I have received confirmed info on this. It's not that I CAN'T tell you who confirmed this, but that I WON'T. I didn't WANT to put that out there, but we all need that confirmation from time to time. I feel like you guys trust me, as I would NEVER lie about this. Just know that it HAS BEEN CONFIRMED by someone that is NOT connected to Steve. One positive confirmation from Steve is enough for me, but when you add another person that was in the crowd that day, it's UNSTOPPABLE. I have nothing to add to what you've already heard from Steve, so there isn't really a need to ask for more details. The INTENT has been announced, and we're now waiting on the firing pin to hit the rim of the RV bullet. That's really the only reason I said anything. Something this big could use as many confirmations as we can get. I hope everyone realizes how HUGE the info that Steve passed along, and the person that told me confirmed. No, the RV itself hasn't been announced (yet,) but this is the first time the INTENT TO RV has actually been announced to a group of bankers, contractors, and investors. I hope you all can grasp the severity of the activities at the ceremony. "The cat is out of the bag," as far as Iraq is concerned. They know they must move swiftly to wrap this all up. By the time the CONFIRMATION reached me, it was "secondhand" info. For what it's worth, the person who told me (firsthand info to him) is a person I would trust with all of my money. Very trustworthy

[*****] If you want to know what I think... I think the RV is done, but they can't ANNOUNCE until it's EFFECTIVE. It won't be EFFECTIVE until the budget is PUT INTO LAW. I believe it will be a "two birds with one stone" situation. I do not believe they will miss any window to ANNOUNCE it. It is happening soon, whether we believe it or not. Don't lose faith, we're almost there. I've never said that with so much confidence. Yes, it will be a very close announcement. The "2 birds" metaphor was referring to a simultaneous release. The GOI may be announced the same day, but not as a "hand-in-hand" relationship like the RV and Budget will have.

2-18-11 Iraqi authorities seek to calm public anger; First thousand kilowatts of electricity free to Iraqis

Highlights/Thoughts
Click on the title of this posting to get the details of this article

1. Iraqi politicians are nervous of anti-government protest across the Middle East
2. Demonstrations against the lack of food, electricity and water have increased in recent weeks
3. Some of the protesters are expressing their anger directly at Maliki's new government
4. A Middle East analyst from IHS said it is certain that the steps taken by the GOI reveals they are nervous
5. They are not calling on the federal government to step down. Instead, they are demanding resignations of local officials as well as improvements in food rations and electricity
6. Iraq's power grid only supplies power for a few hours a day
7. The Electricity Ministry said that the Iraqis will get the first thousand kilowatts of electricity every month for free
8. The Middle East analyst also said that Maliki is paranoid about the new troubles and is making him feel insecure. He said Maliki realizes he won a second term as the PM primarily through cunningness, stubbornness, and with the help of Tehran
9. The remainder of the article is historical reference

2-18-11 President of the advisers in the Council of Ministers and Deputy U.S. Treasury discuss ways to develop the banking sector and economic in Iraq

Highlights/Thoughts
Click on the title of this posting to get the details of this article

1. A number of Iraqi government experts and advisors and the Deputy US Treasury Department are engaged in a joint technical cooperation in the field of economics, money and energy
2. The head of the advisers to the Iraqi government said they are focused on the financial and banking sector as well as strengthening the role of private banks which are highly necessary in the current stage and the next stages, which will see more of the construction projects
3. He said the priorities of the government's work is directed towards the provisions of basic services to citizens and the development of the Iraqi economy in terms of diversifying its sources of non-oil revenue, particularly through the promotion of foreign investment and the Arab and local community
4. He said the government is moving forward in the process of transition towards a market economy that will include an agricultural and private sector, and pointed to the implementation of programs directed towards the reform of public companies that are state owned
5. The US Deputy Secretary gave his thanks and appreciation to the advisory board and expressed his authorities in the banking and specialized financial sector in the US will provide expertise to support and assist Iraq's banking and financial sector
6. The US will provide training programs, capacity development, give advice in addition to sending experts and specialist to Iraq when necessary

This is really good stuff!

2-18-11 Parliament will meet with heads of blocs and the Finance Committee to resolve the budget law

<b>Highlights/Thoughts</b>
Click on the title of this posting to get the details of this posting on TCN

1. A parliamentary source said today that Nujaifi met with the heads of the political blocs and the Finance Committee to resolve the financial budget bill
2. He stressed that the budget will go to vote in Parliament during Sunday's meeting

Let's keep a watchful eye on what Maliki does with the 3 security minister positions.  I would hope that he gives the names in Saturday's session.  If he does, then they could potentially have a full government by tomorrow.  They can then vote and ratify the budget on Sunday.  If Maliki doesn't hand over the names of the 3 security ministries, or if they can't come to agreement in Saturday's meeting, we might see the vote on the budget slip out to the first part of next week.