Sunday, February 20, 2011

2-20-11 Recap of the day's events/postings

Facts:
Rumors:
Of Interest (rumors that I find of particular interest either because of who said it or because of how I think it relates to what is happening right now):

The Rest (doesn’t mean these are not happening):

Where Are We At?
1.     Of course, the big news of today is that Parliament approved the budget!  There were plenty of articles today that referenced the budget and its details, but the most important thing for us is that it was approved and that’s all I want to say about the budget!
2.     In government formation news, a parliamentary source said that Allawi refused to take the Presidency of the Council position after the political blocs decided to convert the vote on the policy board to one that is outside of parliament.  The source said Allawi hadn’t yet released a formal announcement.  Lastly, the List invited the GOI to implement its government after the budget is ratified
3.     In other news, Barzani said the delays in the implementation of Article 140 may expose the social ladder to danger and cause extensive damage to the people of the areas.  He said there are opportunistic terrorist parties who seized the opportunity to not solve the outstanding political problems in the areas in order to create chaos and spread fear.   Regarding Kuwait, a member of the International Red Cross said the Kuwait government made a deal with Maliki during his visit to their country.  He said the deal was to bring down the Iraqi debt to Kuwait in exchange for the inclusion of the stateless Iraqis to the Iraqi people.
4.     Regarding rumors,  Okie said that he was told Shabibi would adjust the exchange rate to reflect the new budget numbers.  Ray’s contact told him that they will vote on the 3 ministries tomorrow.  Steve said Ray’s contact was in the meeting with the Treasury and MOF.  In the meeting, it was said that if the budget was passed and the 3 security positions were filled and voted on, the MOF would be authorized to activate the RV within 24-48 hours.  Viper said that Maliki put out a statement saying all non-diplomats are not allowed to come back into Iraq.  This applied not only to DOD workers but the oil industry workers as well.  He said that top level people from a company and congress have been in talks with the Ambassador and Vice Ambassador for the past 2 days trying to work this out.  More information will be forthcoming
What’s left?
1.    Vote on budget - Done!
2.    Closure on Security positions (3 in total)
3.    Formal announcement of government
5.    Lifting of remaining Chapter 7 sanctions (Kuwait related)
6.    RV/RI
7.    HCL

Important Dates
1.     February 17 – GCC Meeting (no news of this yet)
2.     February 20 – Vote on budget : Done!
3.     February (but sometime after the budget is voted on) – Parliament votes on the National Council of Supreme policies 
4.     February 28 – Constitutional deadline to form government
5.     February 25  -- Large demonstration online
6.     March 29-30 – Arab Summit
7.     May 1 – CBI must be ready to transfer DFI monies
8.     May 22 – Presidential order 13303 expires
9.     June 30 – DFI expires

What’s It All Mean?
1.     Beginning with the government formation information, if Allawi truly does resign, it could slow things down for us as there would need to be a pretty big shuffle in the cabinet as well as the political blocs.  On the other hand, Night has suggested that something like this may help speed things up.  That said, we appear to be very close.  So, a shakeup like this could only delay it further in my opinion.  Let’s hope that the rumors about Maliki and Allawi being in agreement is true
2.      In terms of rumors, it’s interesting that Okie received the information about Shabibi adjusting the exchange rate.  That is exactly what Shabibi said he would do in a recent article.  Concerning Ray’s information, we’ll see shortly whether his source is correct on the vote for the 3 security ministries.  Recall from yesterday’s news that Allawi was not happy about the possibility of Maliki not accepting his candidate for the Defense Ministry.  So, we’ll have to see how the events unfold tomorrow as it relates to the 3 security ministries.  I’m not sure what to make of Viper’s information.  The timeframe of 24-48 hours is a pretty tight window to get the 3 ministries voted on and to give a minimum of 24 hours for the MOF to RV.  Iraq, as we know, isn’t good at doing things quickly.  But, I suppose there’s always a first time!  Let’s hope!

2-20-11 Athena Update 2/20/11

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

1. Athena was told there were amendments to the budget that were passed an this will show the rate and date
2. This could show when Forex opens and the most likely time for this is Tuesday
3. The rate he was given is just under $5
4. He was told that Maliki and Allawi are in full agreement on everything
5. He says the ministers are voted and approved and we now need to just wait until Tuesday

2-20-11 Iraq List Invites the Government to Implement Its Government After Ratification of the Budget

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

1. The List said the budget had to include many social welfare programs, and invited the government to implement its government after ratification of the budget
2. The spokesman for the List proclaimed that the abolition of social benefits and salary reductions for the 3 presidencies was one of the main demands of the people
3. The remainder of the article covered the events leading up to the budget being voted on and approved
4. It also covers some of the details of the budget

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