The world's new "global economy" is about to reveal itself. As mentioned before, this is not just about Iraq, But .. Iraq holds the key and Iraq is the lynchpin. So far, it appears that Iraq will revalue their currency first. Countries holding large amounts of Iraqi Dinar will follow suit, but only after benefiting greatly from the revaluation. They will have time to put their "accounting" affairs in order before a total rebalancing of most economies takes place. It seems like it has taken forever .. What it takes to rebalance the global economy ... and yesterday and today's articles The World Needs a Second Reserve Currency and Revaluation is a “win-win” scenario for the global economy ...
So, what are we waiting for:
We need Iraq to finish forming the government.
Maybe on Monday we will see progress .. Link ~ Maliki, Allawi, Talabani will meet Monday, June 20th, at President Talibani's Residence in Baghdad ...
Maybe on Monday we will see progress .. Link ~ Maliki, Allawi, Talabani will meet Monday, June 20th, at President Talibani's Residence in Baghdad ...
Parliament is back in session and is ready to work .. Link ~FANTASTIC NEWS ~ In the Coming Hours .. Allawi, Maliki, Talibani, Political Blocs Return to Negotiations ... and *** Iraq expects to hold meetings at high levels soon with the law and denies the existence of splits within them and ..URGENT ~ Iraq to Seal the Deal? Meeting in Arbil gathering Allawi, Maliki ,Sadr, Barzani and Talabani next week ...
This week there is a delegation from Iraq in Washington ~ Link ~ Iraq in the U.S. This Weekend Iraq Delegation Visits the U.S. .. Rumor for Saturday .. Fact for Monday ...
maybe the UN on Wednesday .. Link ~ *** June 16th and June 22nd ~ Iraq-Kuwait and the United Nations ...
This was nice ~ Today in Baghdad ~ Iraq and U.S. ~ Al-Maliki invites US firms to rebuild transportation sector in Iraq ...
This is great ~ Today's article about the ISX (and one from January indicating that by July real-time data from the stock exchange would become available) ~ Nice ~ Iraq ~ ISX Going Global ~ Iraq begins its preparations for membership of the global market for securities ...
and ISX ~ real-time data from the stock exchange to be available on its website www.isx-iq.net in the next six months ..(bringing us to July)
And .. of course .. we have June 30th deadlines and major global meetings ... heading into the 4th of July weekend ...
_Meetings and deadlines_
IMF - June 30th June 30th ~ New IMF chief selection due by June 30 ...
June 30th - July 2nd - 2011 ~ Al Isra Wal Miraj holiday "the ascension of Prophet Mohammed" ...
G20 Nov. 2010 ~ *By June 30, 2011 ~ G-20 Summit ends with currency truce and guidlines to be met ~ April 15, 2011 G20 Agrees to Guidelines
After June 30th ~ Iraq Chapter 7 ~ Item VII .. "Development Fund for Iraq" will be returned to Iraq ...
**Iraq Banks ~ Link ~ Economic growth in Iraq at 12% in 2011 ~ Restructuring of state-owned Iraqi banks to be completed in June 2011
Link ~ Iraq and IMF ~ Letter of Intent and Stand-By Agreement ...
June 30/July 1st ~ Report of the Government of Iraq pursuant to Security Council resolution 1956 (2010) on transition to a post-Development Fund ...
Iraq-Kuwait ~ Link ~ ***July 1st ~ Iraq to resume paying war reparations to Kuwait ...
U.S. ~ Chance of Another Round of Easing by Year-End: Roubini
June 30, 2011 ~ G-20 Summit ends with currency truce ... - The leaders agreed to produce “indicative guidelines” by June 30, 2011, to assess and correct current account imbalances that have fueled a round of competitive devaluations by some of the world’s leading economies.
June 30, 2011 ~ G-20 Summit ends with currency truce ... - The leaders agreed to produce “indicative guidelines” by June 30, 2011, to assess and correct current account imbalances that have fueled a round of competitive devaluations by some of the world’s leading economies.
