Iraqi Dinar Revaluation and Global Currency News
~ Dinar Chronicles
THE NEWS IS WILD TODAY AND TONS OF IT FROM ALL THE MEETINGS SINCE THEY ADJOURNED SUNDAYS MEETING ENDED WITH NO OFFICIAL PROGRESS. TOMORROW [TUESDAY] THINGS ARE SAID TO BE READY TO GO FOR A FINISH. THEY ARE SAYING THE MEETINGS HAVE PRODUCED THREE SOLID CANDIDATES THEY HAVE ALL AGREED ON AND MALIKI ISN'T ONE OF THEM AND HE HAS NO VOTE. HIS OWN BLOC APPEARS TO HAVE PARTED WAYS WITH HIM AND WILL SUPPORT SOMEONE ELSE.
...I AM GETTING EXCITED AGAIN. I CAN SEE AN END TO THIS.
"The top Shi'ite cleric in Iraq, Ali al-Sistani has delivered a verbal message to the outgoing Prime Minister , Nuri al-Maliki, telling him that he should step down from his post during a week to make room for to choose an alternative and end the crisis in the formation of the government."
SO AS WE SEE HE THE RELIGEOUS AUTHORITY HAS ASKED MALIKI TO HIT THE ROAD JACK.
[If they want Maliki out why is he staying?]
HE SEEMS TO THINK THAT THINGS WILL CHANGE BY TAKING CREDIT FOR UPCOMING CHANGES AND PROGRESS BUT I DONT THINK THAT IS AN OPTION DUE TO THE LOSS OF SO MANY AND HIS LACK OF LEADERSHIP.
Iraq's political situation is ever changing and things are really starting to get interesting in Iraq. Sunday's session in fact did see a quorum of 233 deputies, even without the Kurds attendance.
It wasn't that the Kurds did not want to attend or because of them boycotting the session, it was due to a sandstorm in Baghdad which closed down that airport causing the Kurdish MP's from leaving from their airport in Erbil.
Unfortunately because of differences, the parliament members failed to name a new speaker of the house, nor its two new deputies but yet I see it as an important step toward their willingness to form a new government.
The Kurds have already said that they will attend tomorrow's next session and will announce their candidate for President of Iraq, Barham Salih.
Folks, the Kurds have already said that they will not attend these sessions unless there is a clear consensus for forming a new government so their mere willingness to participate is the greatest sign at this point we could have, in my opinion.
On the economic front the CBI has announced yesterday that Iraq's electronic payment system is ready along with its ability to go international with it.
...as soon as Turki is comfortable with the political situation, he should be ready to delete the zeros from the exchange rate because it seems that he now has all the measures in place he spoke of to implement the project.
We are getting closer each day.