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Sunday, July 17, 2016

Sequential Baskets of Currencies, 17 JULY

Sequential Baskets of Currencies
 
Here are the possible sequence of currencies scheduled for revaluation or RV. This is Heavens Way of saying that the unfair values that the former Powers that be imposed upon the nations of the world shall be corrected.
 
And thus, these series of monumental changes, the world will finally  see that there was already a dramatic shift in the power structure of the world and that power was taken away from those who abuse it by way of greed, selfishness and all kinds of evil. 
 
May God speed up the release of these baskets.   So be it!

Basket 1 ‐ Iraqi Dinar, Vietnamese Dong, Indonesia Rupiah, Zimbabwe, Afghanistan

Basket 2 ‐ Russian Ruble, India Rupees, Bangladesh Taka, West and Central African Region, South East Asia such as: Cambodia, Laos and etc.

Basket 3 ‐ South American Nations (Latin America), Iran, Pakistan, China, Japan, South Korea, North Africa, Breakaway republics of Former USSR ‐mostly Central Asia such as:  Tajikhistan, Kazachstan and etc.

Basket 4 ‐ North America (US, Canada), UK, NZ, Australia, EU breakup nations: Germany, France, Italy, Spain, Netherlands & etc. The speed of RV for Basket 4 group of currencies will depend upon how fast they can split into individual sovereign nations and acquire asset based economies.

And when these things happen then you know that it was done by the will of Heaven.

As for those who will seize the opportunity for the various RV must comply to the regulations of the Eastern Elders that are supported by the company of Heaven and of the Galactics. Call the 800 numbers and sign the NDA to receive the structured program.

Let us therefore be generous to one another especially to the less fortunate as we ourselves were shown divine generosity by these blessings.
 
Start businesses that will promote various jobs around the world and give generously - if for example the standard hourly pay per hour is 15 dollars then make it 18 to 20 dollars an hour.  Give homes to the homeless and care for the sick, feed the hungry and bless everyone in need. 
 
Posted by Mxxxxx Pxxxxx at 2:33:00 PM
 
Source : http://newdimension2012.blogspot.ca/2016/07/sequential-baskets-of-currencies.html

ADMINBILL SUNDAY POST (JULY 17, 2016 @ 11:25 AM MST)

ADMINBILL SUNDAY POST (JULY 17, 2016 @ 11:25 AM MST)

Good Sunday morning/afternoon members and friends of WSOMN.

Friday evening I got together with several others for a candid currency webinar to discuss various aspects of the RV and GCR.

As is often the case there were opinions expressed that were at odds with the commonly held belief that the RV will take place this month as well as those supporting that belief.

I will give a brief overview for these opinions.

The information source sharing the opinion of later rather than sooner explained that a succession of events must occur before the RV can happen.

To put it briefly this providers timeline takes us into September (similar to Dr. Clarke's view) and should include a joint public resolution of the Middle Eastern nations disavowing use of the petro dollar. This, in turn, reduces the dollar's value.

At the same time or shortly thereafter there will be a behind the scenes unannounced Quantitative Easing (QE4) that will begin (this may already be happening) to support the collapsing petro dollar economies.

Add to this the further instability in the Middle East (ie. Turkey) with USA allies. Once this is going on the IMF will step in to offer loans to stabilize countries.

The problem is that the IMF is not a benevolent organization. They have built huge stockpile of reserves for the purpose "saving" economies when in reality it is the attempted takeover of personal, business and government assets through these " collateralized" loans.

The information provider suggesting this timeline indicates that there are certain processes in place that must be completed and the timeline suggests the final steps are to be completed in September.

The information source feels this timeline is accurate but significant world political, financial natural events could move it forward to some degree.

One of our guests explained the private side exchanges vs. the public exchanges. Private side exchanges are and will be completed in order of the position held in a private group.

Without going into detail these groups began with well placed (ie. connected) individuals with, for the most part, very large quantities of currencies.

Although the bond holders, general and historic, play a significant role in this party their transactions are separate, yet connected.

For the most part those holding the valuable bonds and those representing them have no interest in the RV and do not follow it. Their philosophy is "One and done". One project completed is more than enough for them to worry about.

Those that support the opinion that the RV is very near point to the market and bond conditions, world events and the continued presence of personel in these exchange centers we hear about.

I place a great deal of credibility on this information provider because of his sources and the fact he has been to the (exchange) center himself in central Texas.

It must be said that although the "perhaps later" opinion in this posting received more print, the majority of those on the webinar were very positive we are very near the end.

So be of good cheer on this the 17th of July, 2016.

WSOMN has many very well placed information providers that regularly pass on the information they are being told by their sources or from those they know who are directly involved with the process.

When and if the 800#'s are provided you will be notified on the board or by a Tweet.

DINAR GURUS UPDATE, 17 JULY

7-17-2016   Intel/Newshound Guru Backdoc   ...CURRENTLY THE IEX WHICH IS WHERE ALL ASSET BACKED DIGITAL CURRENCIES WILL BE TRADED DOES NOT FORMALLY EXIST TO THE PUBLIC UNTIL SEPTEMBER 2ND!  IF IRAQ WERE TO LAUNCH A RATE AT THIS TIME, THE ONLY PLACE IT COULD SHOW IS ON THE CBI WEBSITE, NOT ON THE FOREX, BECAUSE IRAQ IS ASSET BACKED AND THE FOREX ISN’T!  HOW WOULD THE PUBLIC TRADE ITS CURRENCY GLOBALLY WHEN THE SYSTEM TO TRADE IT DOESN’T FORMALLY EVEN EXIST UNTIL SEPTEMBER 2ND?  REALIZE THAT THE IMF TOLD US THAT ALL WOULD BE DONE BY MID YEAR, RIGHT?  RIGHT!  IN MY OPINION, IRAQ DID GET THINGS DONE, OTHERWISE THE IMF WOULD NOT HAVE GIVEN THEM THE LOAN.  [post 1 of 2....stay tuned]

7-17-2016   Newshound Guru Millionday
   Article quote:  "The Iraq Mission Chief for the International Monetary Fund (IMF) has said that he sees no reason to devalue the Iraqi dinar “under current circumstances“, and says the authorities are “committed to maintaining the Iraqi Dinar’s peg to the U.S. dollar“.   DEVALUING OBVIOUSLY WOULD NOT HELP IRAQ AT ALL WHILE THEY ENTER THE MARKET.  SO AS WE SEE AS WE KNEW -- THE DINAR WILL BE ACCORDING TO THIS REPORT PEGGED TO THE USD.

7-17-2016   Newshound Guru Islandg1211
   So, according to the LOI, the RV should be after the Investment Law is passed and before the end of the year.  I think it's important that everyone understand that we should watch for the Investment Law, not worry about the GOI delaying this too much longer, and that YES, this RV is still being planned for before the end of the year.  Mosul as well is a go now that the agreement is made with Barzani. Abadi now is talking about Political reform being put off for now until after Mosul and after the RV.   [post 3 of 3]

7-17-2016   Newshound Guru Islandg1211   The LOI states that's there's a loophole clause within Iraq that if the oil price is different from the budgeted price, then the Budget can be cut without another vote. So, the IMF settled that one too. The Budget was cut...to 85%.  I just gave two examples of the IMF using this LOI to get around the GOI. Well done IMF. What a difference this year is to previous years. The IMF has a plan.  So the RV will come AFTER the Investment Law but BEFORE the crackdown on proving why you need USDs. The LOI states that the CBI will only have weekly auctions and will require proof of why USD is needed "by the end of the year."  [post 2 of 3....stay tuned]

7-17-2016   Newshound Guru Islandg1211   The June 2016 LOI with the IMF states that the CBI should stop the MCP and work towards Article VIII compliance and that they should first pass the Investment Law.  So, when will we see the RV (IMO) WE WILL NOT SEE THE RV BEFORE THE INVESTMENT LAW.  It's plain as day in Article A 14 of the June IMF LOI.  Like me, you, and everybody, the IMF was concerned that the Monetary Reforms could get bottle necked in the GOI should politics decide to either hold it hostage or simple just stall. So, the IMF stated in the LOI that the COM could introduce the Investment Law OR the CBI could make new regulations that cover the same points. Don't you love that word "OR"!!! Clever of the IMF. This will probably lead to the actual passing of the Investment within the GOI since they know they can't delay or stop it.   [post 1 of 3....stay tuned]

7-17-2016   Newshound Guru rcookie   [...does anyone know what we would like to see happen with Turkey... to help with our investment...Who do we want in control of Turkey?]  Personally - one way or the other, I don't think it matters that much...  [you do not think what happen over turkey will cause a problem with our investment...?]   I do not.

BACKDOC UPDATE, 17 JULY

BACKDOC:   THINK LIKE A SURVIVOR SERIES    CHAPTER 1

OLD REALITY VS "NEW REALITY"

HELLO FAMILY AND FRIENDS. AFTER I SHARED “THINK LIKE A COUNTRY” AND “THINK LIKE A BANK” THERE HAVE BEEN MANY FOLKS THAT STILL NEED CLARITY ON SOME OF MY THOUGHTS.

MY HOPE IS TO EXPLAIN IN MORE DETAIL SOME OF THE PREVIOUS CONCEPTS I POSTED, AS WELL AS PRESENT SOME OF MY FURTHER STUDIES.

I WOULD LIKE TO DO THIS IN A MANNER DIFFERENT THAN IN PREVIOUS POSTS.

THIS WILL BE A SERIES OF MINI POSTS TO BREAK DOWN MY THOUGHTS INDEPENDENTLY.

I HOPE THIS HELPS TO CLARIFY MY THOUGHTS AND CLEAR UP THE MIS-INTERPRETATIONS THAT SEEM TO BE SWIRLING AROUND THE NET

THE FIRST POST IN THE SURVIVOR SERIES IS THE TWO SEPARATE CURRENCY PLATFORMS AND THEIR SIGNIFICANCE! THIS FIRST POST I WILL CALL THE OLD REALITY VS "NEW REALITY".

FOR SOME TIME NOW WE HAVE BEEN USING THIS "NEW REALITY” TERM WHICH I CREATED. IN FACT, EVEN THE IMF HAS USED IT IN AN ARTICLE, HEE HEE. I GUESS THEY EVEN APPROVE. LOL SLAP! OUCH! GET BACK TO WORK, DOC!

OK, SORRY! JUST HAVING SOME FUN BECAUSE THIS IS BORING STUFF!

SO WHAT IS THE "NEW REALITY"? GLAD YOU ASKED! THE "NEW REALITY" IS THE NEW ASSET BACKED DIGITAL CURRENCIES THAT WE HAVE BEEN STUDYING FOR SOME TIME, ALONG WITH THEIR CAUSE AND EFFECT.

WE HAVE ALREADY BEGUN THE TRANSITION TO THE "NEW REALITY”! THE ULTIMATE GLOBAL IMPACT OF ITS CAUSE AND EFFECT WILL BE OF HISTORICAL PROPORTIONS!

THIS WILL BE A TRANSITION THAT AFFECTS HOW COUNTRIES, INCLUDING THE U.S., WILL DO BUSINESS WITH EACH OTHER AND THEIR CITIZENS.

THE IMPACT WILL BE ENORMOUS!

IT WILL AFFECT ALL TRADE AND SHIPPING, HOW COUNTRIES WILL TAX ITS CITIZENS, WHAT INTEREST RATES WILL BE ALLOWED TO BE CHARGED, STOCK AND BOND PRICES BEING REPRICED, (WHICH IS WHAT I HAVE CALLED "THE GREAT REPRICING"), AND YET OTHER IMPORTANT THINGS LIKE JOBS AND WAGES!

YES, THE "NEW REALITY" IS SHORTLY COMING AND IT WILL LAUNCH THE GLOBE INTO A NEW WORLD SOCIALLY AND ECONOMICALLY! NOW WE HAVE TO GET A LITTLE TECHNICAL SO HANG IN THERE WITH ME, OK?

AS I DEFINED, THE "NEW REALITY" REPRESENTS THE NEW ASSET BACKED DIGITAL CURRENCIES. THE OLD REALITY IS OBVIOUSLY THE NON BACKED MONEY THE GLOBE CURRENTLY USES WHICH WE CALL FIAT MONEY! FOR FUN I CALL IT MONOPOLY MONEY!

NOW THAT WE HAVE THE TWO CURRENCIES DEFINED WE HAVE TO TAKE THE NEXT STEP.

ALL FIAT CURRENCIES ARE CURRENTLY TRADED ON A PLATFORM CALLED THE FOREX. THIS IS THE OLD REALITY!

THE NEW ASSET BACKED CURRENCIES WILL NOT, AND I REPEAT NOT, BE TRADED ON THE FOREX,

IN MY OPINION! WE HAVE ARTICLES, WHICH WE HAVE SHARED WITH YOU, THAT SHOW THE NEW ASSET BACKED CURRENCIES WILL BE TRADED ON THE IEX PLATFORM! YOU SEE THIS IS A DIFFERENT PLATFORM!

THIS MAKES SENSE BECAUSE AS WE TRANSITION FROM THE OLD TO THE NEW THE BANKING SYSTEM CAN’T CONTAMINATE OR DILUTE THE VALUE OF THE NEW ASSET BACKED CURRENCIES.

THIS IS WHY THE NEW DIGITAL CURRENCIES WILL BE ON THE NEW CHINESE CIPS SYSTEM. THE ARTICLES WE’VE SHOWN YOU ALSO STATE THAT EVERY DIGITAL TRANSACTION WILL BE FUNNELED THROUGH MAS (MONETARY AUTHORITY OF SINGAPORE).

THE CURRENT FIAT SYSTEM USES THE SWIFT CODE SYSTEM WHICH IS GOING TO BE PHASED OUT OVER TIME AS THEY HAVE STATED IN ARTICLES WE HAVE SHARED.

REMEMBER, I SHARED AN ARTICLE WITH YOU RECENTLY WHERE EXPERTS BELIEVE FIAT CURRENCIES WILL BECOME WORTHLESS IN THE NEXT 3 TO 5 YEARS! OUCH!

WITH THAT IN MIND, YOU REALIZE THE IMPORTANCE TO REMAIN IN AN ASSET BACKED CURRENCY LIKE THE IRAQI DINAR AT ALL TIMES RIGHT? GOOD!

WHO IN THEIR RIGHT MIND WOULD GIVE UP ASSET BACKED CURRENCY FOR MONOPOLY MONEY WHEN IT IS ABOUT TO CRASH? OF COURSE THE BANKS WOULD LOVE TO TAKE THE REAL MONEY AND LEAVE YOU IN A DECLINING CURRENCY VALUE. WE REFUSE TO LET THAT HAPPEN!

WE ALL KNOW THE OLD REALITY FIAT TRADING PLATFORM EXISTS AND IS FUNCTIONING EVERY DAY GLOBALLY.
THE PROBLEM IS, CURRENTLY THE IEX WHICH IS WHERE ALL ASSET BACKED DIGITAL CURRENCIES WILL BE TRADED DOES NOT FORMALLY EXIST TO THE PUBLIC UNTIL SEPTEMBER 2ND!
 
IF IRAQ WERE TO LAUNCH A RATE AT THIS TIME, THE ONLY PLACE IT COULD SHOW IS ON THE CBI WEBSITE, NOT ON THE FOREX, BECAUSE IRAQ IS ASSET BACKED AND THE FOREX ISN’T!
 
NOW I ASK YOU, DOES THAT SOUND LIKE A RATE FOR ALL TO SEE AND CONDUCT BUSINESS GLOBALLY? MMMM, AHHH, NOOOO, AND BESIDES IRAN, VIETNAM, INDONESIA, AND OTHERS WOULD HAVE TO DO THE SAME! THAT DOESN’T SOUND LIKE GLOBAL TRADE OR ACCESS DOES IT? MMMM
 
HOW WOULD THE PUBLIC TRADE ITS CURRENCY GLOBALLY WHEN THE SYSTEM TO TRADE IT DOESN’T FORMALLY EVEN EXIST UNTIL SEPTEMBER 2ND? MMMM
 
NOW BEFORE YOU GET MAD OR DISCOURAGED, GIVE YOURSELF A SLAP AND REALIZE THAT THE IMF TOLD US THAT ALL WOULD BE DONE BY MID YEAR, RIGHT?

RIGHT!

IN MY OPINION, IRAQ DID GET THINGS DONE, OTHERWISE THE IMF WOULD NOT HAVE GIVEN THEM THE LOAN. HOWEVER, THE IMF DIDN’T SAY THAT THEY WOULD SHOW US THE RATE THEN.

ALL OF US WERE HOPEFUL THAT WE WOULD SEE THE RATE BY THAT TIME BUT THERE ARE BIGGER GLOBAL ISSUES TO CONSIDER ON WHEN THEY PLAY THEIR HAND, AS I STATED IN “THINK LIKE A BANK”.

IN MY OPINION, THIS TRANSITION BETWEEN THE TWO REALITIES NEEDS TO HAPPEN IN ORDER TO SEE A RATE.

BE ENCOURAGED THAT THE ANNOUNCEMENT OF THIS IEX SYSTEM COULD BE MOVED UP AT ANY TIME!

THEREFORE, NOBODY CAN PICK A DATE.
 
MY CURRENT STUDY BEGINS ON SEPTEMBER 2ND (UNLESS THAT ANNOUNCEMENT CHANGES) AND ENDS IN MID OCTOBER FOR MANY REASONS!

THIS WILL CONCLUDE THE OLD REALITY VS THE "NEW REALITY”! MY NEXT POST WILL COVER THE NEW FISCAL YEAR FOR THE U.S. AND IRAQ WHICH IS OCTOBER 1ST! THE POST WILL BE CALLED "THE ASSET BACKED DIGITAL NEW REALITY"!
 
8@8,DOC
 
ALL OF COURSE IS JUST MY OPINION AND NOT INTENDED TO OFFEND ANYONE ELSE’S OPINIONS

SPECIAL THANKS TO MRS. DOC FOR HER PROOFING.

THANKS TO THUNDERHAWK FOR HIS CONVERSATIONS AND PICS.

THANKS TO PAPAJ FOR CONVERSATIONS.

Islandg1211 Iraq Updates to share, 17 JULY

Islandg1211 Iraq Updates to share:

Review:

December 2015, LOI with the IMF:

On December 22, 2015 a Letter of Intent was signed between the IMF, CBI, and the Minister of Finance representing the GOI. In that LOI, the IMF laid out objectives for the CBI and the GOI, including stopping their multiple currency practices and moving towards becoming Article VIII compliant. This LOI covered the first half of 2016.

December/Jan: Abadi's Reforms begin

Abadi wanted to reform his government to a technocrat government. He was supported by the Cleric Shistani and the people. Over the winter he moved to get rid of some bad ministers and replace them.

IS IS:

Ramadi was freed in December and Abadi declared that he would free Mosul by the end of the year.

In January, Barzani, the President of Kurdistan, said that it would take six months to plan for the battle to retake Mosul, and then six months at least for the actual battle. He said that he would need money from the U.S. and coalition nations along with weapons.

He said he also would need a plan of who would govern Mosul post invasion. (CNN interview Jan. 2016) sources in the Pentagon have also referred to freeing Mosul "by the end of the year."

April 2016, UST:

In April, the CBI and MOF (Minister of Finance) met in Washington D.C. with Jack Lew, the U.S. Sec. Of Treasury. After those meetings, Jack Lew proposed an umbrella plan for Iraq, that even included the possibility of the UST co-signing Iraq's loans.

April 2016: Chaos in the GOI:

Abadi's reforms were challenged, the people protested, and chaos ensued. Two lawsuits were filed. This brought the Parliament to a complete halt.

May 2016: IMF/WB Umbrella Loan Package:

The CBI met with the IMF and the WB. Progress on their December LOI was reviewed, loans and the conditions for the loans were discussed, the possible bond sales and possible improved credit ratings were discussed. The IMF finalized their loans and their requirements of Iraq.

One of the non-negotiable requirements by the IMF was that Iraq had to cut their 2016 Budget. They even assisted with suggesting where to cut. The IMF also wanted other things, such as Iraq paying their back pay, debt to oil contractors, and the Paris Club payments.

June 2016:

Iraq's COM (Abadi's Council of Ministers) did meet and did approve of the IMF's agreement. However, the appointment of some of those Ministers was legally challenged by a lawsuit filed with the courts and was pending a ruling. Abadi went against the advice of the U.S. by liberating Fallujah first in June.

The GOI was on vacation during Ramadan and they were awaiting a court ruling. The court finally ruled in July, finding that the Ministers were not properly voted for approval nor was Jobouri's sacking vote legitimate. June was still productive in that many of the IMF's loan requirements were met, such payments and agreements to delay the Paris Club debt payments.

June/July: LOI

A new LOI was signed by the IMF, CBI, and MOF. It covers the next three years. This LOI again states that Iraq will move towards becoming Article VIII compliant and cut out the multiple currencies practices.

This LOI also includes the "First Step" of either the GOI passing the Investment Law OR the CBI issuing new regulations. The LOI also states that the "weekly" (not daily) Auctions would require new CBI regulations requiring proof of why you need USD by the end of the year.

July, Kurds Military MOU:

There was never going to be a battle to free Mosul without an agreement with Barzani. Last week the U.S. and the Kurds agreed that the US would arm the Kurds, pay for their Army and then some. Barzani got what he wanted.

He's now stating that 50,000 Kurds will fight in Mosul. If that number is anywhere accurate, good bye ISIS, Hello Mosul being apart of Kurdistan. Keep in mind that Barzani refuses to abide by his term limits and leave office and that he's the biggest cheerleader for having Kurdistan be its own country.

July: US Sending in more troops:

Obama pulled out of Iraq and is now mission creeping back in. A key airbase was taken last week that the will be used for staging. ISIS leadership continues to be targeted by the U.S.

July UN:

UN Sec KB Moon reviewed Iraq on Friday and stated that he's pleased with Iraq's efforts to find Kuwait's dead bodies but not the results. The UNSC placed Iraq in Chapter Seven sanctions, then lifted that restriction back in June 2012.

However, there are still open files such as the Paris Debt payments, Finding and returning Kuwait's stolen property and their dead soldiers, and Iraq becoming Article VIII compliant. These are things that the UN still wants Iraq to get done and they keep tabs on Iraq's progress.

Where's the RV???

IMO, the most important thing to look at is the IMF and UST involvement. I kept posting all last year that there was not going to be an RV because although the IMF gave Iraq the green light back in March 2015, they gave them no support. They told Iraq to "Get your act together."

When there was a lot of rumors predicting the RV throughout 2015, I felt that all of that was confusing and misleading. I really objected to the rumor that "everyone was expecting the RV New Years Day. "

The fact was NO ONE was expecting the RV New Years Day because everyone was signing the LOI which was designed to get Iraq ready for loans by mid year.

Recently, there have been more rumors about Mosul. Everyone can read up on the fight against ISIS for themselves. It's no secret, and it's accurately being reported in real time. The objective is to free Mosul by the end of the year, with the political and military plan being worked out primarily with the Kurds.

We are seeing Mosul being surrounded and a staging area starting to get set up. There's still a dozen or so villages to be liberated. There will be a troop buildup.

The fact is, there was no plan for Iraq until last December when both the military objective to liberate Mosul by the second half of the year and work on the Monetary Reform the first half of the year.

I'm not sure why the RV hasn't happened.

Perhaps the failed reforms and the chaos and the three months lost in the GOI has caused a delayed. In any case, we have to focus on the new LOI.

The June 2016 LOI with the IMF states that the CBI should stop the MCP and work towards Article VIII compliance and that they should first pass the Investment Law.

So, when will we see the RV?

(IMO) WE WILL NOT SEE THE RV BEFORE THE INVESTMENT LAW.

It's plain as day in Article A 14 of the June IMF LOI. In reading this thoroughly, it jumped out at me the wording of this requirement.

Like me, you, and everybody, the IMF was concerned that the Monetary Reforms could get bottle necked in the GOI should politics decide to either hold it hostage or simple just stall. So, the IMF stated in the LOI that the COM could introduce the Investment Law OR the CBI could make new regulations that cover the same points.

 Don't you love that word "OR"!!! Clever of the IMF. This will probably lead to the actual passing of the Investment within the GOI since they know they can't delay or stop it.

It was very reassuring to me to see that the IMF had figured out a way to prevent the GOI from further delaying the monetary reform. I saw exactly the same thing in this June LOI with the required Budget Cut Amendment.

This was tricky because the COM that approved the IMF's loan agreement wasn't legitimate. Also, not spending the full amount of a budget isn't legal. Even here in the US, if Congress passes a Budget then it’s the law and every dime Has to be spent. So, how do you cut spending and how do you get the GOI to vote on it?

The LOI states that's there's a loophole clause within Iraq that if the oil price is different from the budgeted price, then the Budget can be cut without another vote. So, the IMF settled that one too. The Budget was cut done to 85%.

I just gave two examples of the IMF using this LOI to get around the GOI. Well done IMF. What a difference this year is to previous years. The IMF has a plan.

So the RV will come AFTER the Investment Law but BEFORE the crackdown on proving why you need USDs. The LOI states that the CBI will only have weekly auctions and will require proof of why USD is needed "by the end of the year."

So, according to the LOI, the RV should be after the Investment Law is passed and before the end of the year.

I think it's important that everyone understand that we should watch for the Investment Law, not worry about the GOI delaying this too much longer, and that YES, this RV is still being planned for before the end of the year.

Mosul as well is a go now that the agreement is made with Barzani. Abadi now is talking about Political reform being put off for now until after Mosul and after the RV