Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq has just retired from the CBI as the governor. FRANK: Thank you for your service Alaq. Move over, the US Treasury is here. FIREFLY: Hours earlier Alaq was on Channel One saying don’t believe the rumors and the TV said he was retiring. Now he does retire. FRANK: The US Treasury is not playing…
Samson Article: “Urgent: Central Bank Governor: No intention to reconsider dollar exchange rates, we are undergoing a major transformation”
RayRen98 [via Babysmom] I’M HEARING THAT A TECHNICAL ISSUE PREVENTED LIVE RATES ON YESTERDAY. THAT ISSUE IS EXPECTED TO BE RESOLVED TODAY…IF WHAT THEY ARE TELLING ME IS TRUE…SOME OF YOU ARE GONNA GO TO SLEEP WEALTHY $$$$$$…
Pimpy Alaq, all kinds of crap coming out about him…Seems to me they were hip to what was going on damn near a year ago and this would explain whey there’s so many restrictions taking place with the Iraqi Bank as well as other banks in Iraq and why it is that the United States felt like they had to take up a whole entire floor inside the Central Bank of Iraq…
Jeff Since Al-Alaq returned as the CBI governor I’ve always shared he would only remain until Iraq RVs. Now they’re talking about forcing him into retirement!
MarkZ [via PDK] …quiet on the RV front…All we have is rumors of the HCL is in the Kurdish regions where they made a couple changes and sent it back to the parliament…so it is now with them. We heard parliament has agreed on it and now we are waiting for them to say Boom – it’s done. So in Iraq they seem excited that Alaq is going to gone and the pending public approval of the HCL. I am still hearing there is an opportunity for HCL to pass before the weekend is out.
Militia Man Article quote: “Even the measures taken by the government to try to down low dollar prices to 1320 to sell it in a supported manner didn’t not reach the elimination of speculation in the markets reducing the price of a dollar in the black market.” It didn’t work to kill the black market just yet but I got a strong feeling since the dollar auctions have gone from 250 million a day down to less than 25 million…consistently for over a week…we can see where their priorities lie.
Clare Article: “urgent… Central Bank Governor: No intention to reconsider dollar exchange rates, we are undergoing a major transformation” Quote: “The Governor of the Central Bank, Ali Al-Alaq, ruled out a change in the dollar exchange rate.”
PompeyPeter The information that’s gone out about Alaq we think is dodgy. There is nothing on the CBI website. The governor of the CBI by definition you’d think they’d be reporting his resignation. There’s a couple articles about it but they are a little bit jumbled. There’s references to he should resign. This smacks to me the Iranian influenced bad guys who are getting squeezed by Alaq they want Maliki…and sympathetic goons to replace him with somebody who will turn a blind eye to what they’re doing.
RayRen98 [via Babysmom] THERE IS NO HOT NEWS…YET.
Frank26 We don’t know if Alaq is truly gone. But he is right now while the US Treasury is there…The US Treasury is overseeing all of the dollar transaction now in the CBI. Not the total operations of the CBI but most of it.
Samson Article: ”The Dinar Breaks Its Silence: Fire Al-Alaq and the Dollar Leaves the Fifties”
MarkZ [via PDK] My contacts on the ground in Iraq say…they expect to see sudden movement and HCL...I am hearing is they expect to announce completion and ratification of the HCL this week…I hope they are correct.
Mnt Goat Article: “PARLIAMENT RETURNS THE OIL AND GAS LAW TO THE GOVERNMENT: IT MUST ADD PARAGRAPHS THAT KEEP PACE WITH GLOBAL DEVELOPMENTS” Quote: “the government must work on amending and adding new paragraphs to the
law…” WOW! This is excellent news. This article shows us the Oil and Gas Law is actually farther ahead than the news has been telling us. It actually did reach parliament and the readings were conducted so far…
