Saturday, June 21, 2014

News, Rumors, and Opinions Saturday Afternoon

News, Rumors, and Opinions Saturday Afternoon

06/21/2014
TNT:

DSull:   (IMO)  There will be NO RV until there is a stable government in Iraq (period!). No one wants Maliki as the PM, except Maliki.

Although Maliki's political party (the SOL) have the most votes (93-95), it will take at least 167 parliament votes to win the PM seat.

The process is not like here in the US, where we basically have 2 parties, and we vote for a President. In Iraq, they vote for a political party, as in Parliament seats. Those winning groups form a block of at least 167 seats, which gives them more than half of the Parliament Seats and subsequently the right to chose a Prime Minister.
....
Once these "blocks" are formed, Parliament holds its first meeting and names a President.

At this time, the "winning block" (the one formed earlier, which obtains at least 167 seats), submits there PM Candidate for ratification.

Once this PM is accepted, an announcement is made and the PM is seated.

There is the government.
There is time given between each of these stages of the process, but it is a max time.

Clearly the new Parliament has now been formed, because they were scheduled for their first meeting on June 30th. Then, a few days ago, that initial meeting was moved up to this Tuesday (June 24th), a full week early!

Your guess is as good as mine, but, I believe the government has already been formed. We simply await the official process to be completed and the announcements.

Again, IMO we will not see an International RV until there is a stable government. And, rightly so.

All that being said, as well the fact of the July 1st date for so many agreements to start, including the ISX -International release date, I do believe that Iraq is expediting this "process" and will have a new, seated, functional government before the end of this coming week, in order to RV their currency by or before July 1st.

I will even take it one step further and say that Maliki will not be the next PM, but Chalibi will.

Personally, I would also like to see Barzani (from the Kurds) as the next Iraqi President, but that's just wishful thinking.

Here's to our long awaited international RV between Tuesday (June 24th) and Tuesday (July 1st)! 

*************************

GET:

Topic: “Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.” Albert Einstein

***************************

KTFA:

walkongstick:  Iraqi ministers are accused of smuggling money to Jordan

Reported the Integrity Commission in Iraq, said the total contraband and money that must be recovered amounted to about a trillion dollars (a thousand billion).
The sources quoted the Director General of the Department for a refund in the body (m. P.) Saying the n these funds exist in Jordan and the United Arab Emirates, Lebanon, and is booked to work on in order to return them to Iraq.

http://www.iraaqi.com/news.php?id=9049&news=1#.U6WZ4PldXT8

************

BigIron:  A trillion dollars? Really? The greed of these politicians...appalling. 17% of Iraqi citizens live in poverty. Remember what happened to Sadaam Hussein? I hope they catch every corrupt MP. Get a rope.

*************

JJJones:  Frank, I got this from twitter sir... JJ

Iraqi oil report. ...Pesh control Kirkuk, Article 140 "fully implemented. Border has changed. Iraq of pre-Mosul is over." -F.M. Bakir

http://t.co/cLPBpymUwB

*************

JJJones:  Iranian source: Maliki agrees to the immediate application of Article 140 which included all areas of the Kurdish region

Sat Jun 21 2014 8:15 p.m. | (Voice of Iraq) - NNA Iranian source revealed that Nechirvan Barzani's visit to Tehran was an urgent request from Tehran has been met within one day. According to the site (Quraish) source said the Iranians have handed over a letter signed by Nuri Maliki Prime Minister to the Presidency of the Kurdistan Region of Iraq similar to the terms of agreement content and authenticated by Tehran to open a new relationship between Arbil and Baghdad after the developments of Mosul, Tikrit and towns in Diyala, however, the organization Daash terrorist. source added that the message requests from the Kurds allowing the use of the territory of the province Kurdish for any military purposes to achieve superiority and sudden tide logistical support to the restoration of Nineveh province, and the province of Tikrit.

in detail included the message, according to the same source approval Maliki and all parties that fall under the coalition political immediate application of Article 140 of the constitution and the annexation of Kirkuk and other disputed territories, without exception, to the Kurdistan Region, as well as the development of the left coast from Mosul in full under the administration of the Kurdish and authorize the forces of the Kurdish Peshmerga and the security services asayesh security file it in the pan Nineveh. , and at the level of the oil Ostagiz the Iraqi government for the region to export oil from Kurdistan for a period of five years and the right to enjoy the amounts export a full five-year term for the benefit of the region and then make the region's share from the general budget of Iraq thirty percent.

Tehran has vowed to ensure the agreement and its implementation. , and later held the Kurdistan Region President Massoud Barzani held a meeting with leaders of the Kurdish parties and discussed the offer from al-Maliki and Iran together. A statement from the meeting that all Kurdish parties do not prefer a military solution in Iraq.

Read more:
http://www.sotaliraq.com/mobile2014.php?id=154521#ixzz35IT3LUm9

****************************

Stage3Alpha:

EXOGEN: WHEN YOU SEE THE NEXT "RED SUIT ON" POST IT WILL MEAN GO TO THE BANKS!!!!!!!!!!!!

****************************

John MacHaffie:

6-20-14   Arthur   [via Poppy3] The Iraqi constitutional process is that they have 15 days after the new Parliament is ratified (June 15th) to start the new Parliament session.  But we now know they upped that to the 24th instead of July 1st.  So on the 24th they will vote in whoever the new speaker is if isn't Najafi which I don't think it will be because he smells of the last Parliaments failures.

That person will get 2 deputies voted in at that time with him.  Then they will elect a President.  That President will then turn to the largest Bloc which will be the new National Coalition and they will pick their candidate for PM who will then pick his Council of Ministers.  All this is coordinated to happen very quickly and all we need is for the process to get started in earnest.

*****************************

Dinar Chronicles: 

WmaWhite:  Just an opinion concerning the revaluation of the IQD...the Prime Minister will NOT announce a change in the value of the IQD.  Instead, it will be the Central Bank of Iraq. It is a financial event...NOT a political event. There is a difference.

WmaWhite:    Here is a translation of a very recent comment the Governor of the CBI made: ..Here is a more detailed summary of what was said, as per my friend who's native language is Arabic: This video is saying that the Governor of the CBI Mr Turki is expressing his regret that the financial currency politics of Iraq has to deal with the current situation in Iraq.
However he is assuring that the CBI has the capability of supporting the currency exchange of the Iraqi dinar to the most extent without a bar limit, and that the central bank reserve is very safe at banks outside iraq.

He also noted that the reserve of the hard currency exceeds 70 billion dollars and the gold reserve is almost triple as of last year.

http://www.dinarrecaps.com/our-blog/news-rumors-and-opinions-saturday-afternoon1

No comments: