DC: As normal, Iraq looks as if their television has been saying “the international economic reforms are ready to roll out, and they are in process” with a lot about international currency reform and revaluation of the currency, that they are just working out the timing. We firmly believe that the 8 and 11pm news will be more open and honest about where we are in terms of the RV happening there.Tony: Abadi was supposed to explain the RV process…DC: Right, in the mosques this morning and it will hit the television soon. IN the mosques this morning they announced in the four major cities of Iraq that “this is really happening now, PM Abadi is going to tell everyone this is what we are going to do and what we are expecting.” The CBI has explained the process, the things they have been seeing on television a lot, and the PM will explain what that means for Iraq. So in the mosque they have prepared everyone to be close to a television or radio today. They truly believe this is it, and ONE rate will apply to the entire country. Abadi will explain all this.On the legislative side, they have passed more laws, clean up bills and a bit more on the budget plus other normal business activities and ISIL actions. A lot of that has been dealt with. ISIL is still in Iraq but is being pushed out, and they have taken some desperate actions that will come out in the news. It’s bad, but doesn’t affect the RV perspective, just affects the poor souls involved. ISIL has finally got the message that they will not be allowed to exchange, so they are doing black market stuff and law enforcement has been watching like a hawk. There is a some last-minute training for Iraqi banks and CBI.
Posted on: Mon, 17 Nov 2014 23:43:15 +0000
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