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Wednesday, May 27, 2015

EXCERPTS OF KAPERONI, MILLIONDAY, BGG & DELTA, 27 MAY

Kaperoni - Article:  “Completion of the final version of the law of parties“   Quote:  “The head of the House of Representatives on Monday Saleem al-Jubouri, said that the 22 bill reached the stage of voting in parliament, noting that the National Guard and the Federal Court Rules and laws of the leading parties, which came to a vote.“   It sounds like they are saying 22 bills are ready for final vote.  
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Millionday - Article quote:   …the Presidency of the Council of Representatives is determined to pass more than 20 laws, said during the next three days, the most important of the National Guard and the Federal Court and the parties.  THEY PLAN 20 OR MORE LAWS TO BE PASSED IN THE NEXT FEW DAYS.   
[Does that include HCL?]  
THEY HAVE INCLUDED IT IN REPORTS…I SAY YES BY WHAT I HAVE SEEN.
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BGG - With the recent news, I am so thankful I have all my affairs in order because there is no telling what is going to happen.  Article:  “Central Bank of Iraq To Issue Large Value banknotes“   This is really the biggest news of the day.  In context it says “large value banknotes“…it is plain what thought they are trying to transmit to the average Iraqi…they are implying there will be higher or more value to their currency.  I don’t think we will have long to find out.
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Delta - Just a quick update about the CBI.   I’m excited…it looks like we are ready to finish the final chapter.   We have some confirmation about the article came out about the 50 dinar…the 1,000 dinar…the 100,000 dinars … basically the confirmation from the CBI…they stated that the CBI is planning to increase the value of the Iraqi Dinar BEFORE they introduce those denominationsLots of things starting to line up.  Looks like we might see the rate change before Ramadan. We believe that everything is done…just waiting for the right timing between the GOI and the CBI.   IMO…this is the right timing…before Ramadan.

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