Sunday, February 20, 2011

2-20-11 Steve1 Post: Peoples Dinar 2/20/11

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

Click on the title of this posting to get the details of this posting on DD

1. Ray's contact was actually in the meetings with the Treasury and MOF
2. It was specifically told to them that if the budget was passed and the final 3 cabinet positions filled and voted on, the MOF would be authorized to activate the RV within 24-48 hours
3. The rate and testing world wide is done
4. Steve I received an email from a bank they actually saw the testing numbers on the IQD screen
5. This along with the money not being returned is huge according to Steve

2-20-11 Viper1 Rumor: Peoples Dinar 2/20/11

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

Click on the title of this posting to get to the details of this posting on DD

Viper's information is summarized as is:

This came down early this morning in Iraq:

1. Maliki put out a statement saying all non-diplomatic personel, specifically all US and UK personel, are not allowed to come back into Iraq

2.This not only effects D.O.D.(?)workers but the oil industry workers as well

3.Big dogs from this company and even congress have been in talks with the Ambassador and Vice Ambassador for the past two days trying to work this out.

4.More info should be available in the next 72 hours or so.

5.The company is asking all personel to cancel R&R or be prepaired to wait this out.

6.All foreign national workers will have only 96 hour entry visa to Dubai but may be sent back to original destination until this problem is solved.

7.They fully anticipate a resolution as it is a possible money issue with the GOI.

8.Further info states that between March 23 and 28 Iraqi air space will be closed and people will NOT be ALLOWED to enter Iraq due to the Arib Summit.

For the time being the name of the company will not be given. We hope to have more later. There are many questions we can not answer at this time so please be patient and give us time to sort this out. Thank you and God Bless CII, jBt and all of us.

2-20-11 Meeting of the National Security Council this evening

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

1. A government source said the high-level National Security Council will meet this evening on a range of issues pertaining to political affairs and the public
2. He said the meeting will discuss how to secure the situation for the demonstrations to be held on the 25th of this month
3. The meeting will focus on the threats that may affect the demonstrators
4. The Council will also discuss security plans prepared by the Ministers of Defence and Interior on the events and how to secure them

2-20-11 Ray Post: Peoples Dinar 2/20/11

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

Click on the title of this posting to get to the posting on DD

1. Ray's contact told him the 3 ministries would be voted on tomorrow
2. He also told Ray he keeps seeing some important person from the US Treasury on TV who keeps talking about the economy
3. Ray researched and found someone who posted a blog on the Treasury's website explaining what they are doing in Iraq
4. Ray will send a link, which is supposed to confirm everything we were told last week
5. Ray talked about Steve being right with his intel
6. Ray was told the rate was going to be $3.20

2-20-11 Skype chat - Okie Oil Man rumor

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

1. Okie was told that Shabibi would adjust the exchange rate to reflect the new budget numbers

Recall not too long ago that Shabibi made a statement that he would follow the government's budget allocation in order to adjust the exchange rate and reduce the imbalance. Read the article here

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.[OKIE_OIL_MAN] just received a call from source in iraq stating shabbi just said today he would adjust the exchange rate to reflect the new budget numbers

2-20-11 UPDATE 1-Iraqi lawmakers pass 2011 budget of $82.6 bln

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

Please note that the earlier posting of the budget passing was a reference to an article posted earlier this month

1. Iraq's parliament gave final approval to the $82.6 billion budget
2. It's based on an average oil price of $76.50 and 2.2 mil barrels per day
3. The deficit is projected to be $13.4 bil
4. The remainder of the article outlines the details of the budget and provides some historical reference

2-20-11 Differences within the House of Representatives about the allocation of funds for the Peshmerga from the current year budget

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

1. An MP for the National Alliance said there was disagreement within the House about the allocation of funds for the Peshmerga, indicating it was submitting a proposal to allocate 15% of the services and the network of social protection and education
2. He said another dispute occurred within the sessiion on the calss of the Sadrist to allocate 15% of oil imports to the people, noting that the proposal was made to allocate 15% for services and social protection in the area of education
3. The Sadrists announced earlier that 130 deputies threatened not to vote on the law if it didn't contain the 15% for the people
4. The remainder of the article provides historical information on the budget