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Iraq an economic Study
Ms Sans Serif
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[quote:ReVbo™:MV8xNzI0NTM4XzMzNzI1NTA0XzUyQUFENUFG] [i]Enorrste's response to Kaperoni's post:[/i] Thanks, KAP, for a well presented summary of our current situation. I agree with you 100% on your analysis. Along with the rest of you I remain concerned about how much influence Maliki has or will have in restraining Shabibi. However, given the fact that Shabibi has been astute enough to enlist the support of the entire Parliament plus most of the influential economists in the country prior to his "going public" with these various conferences, it seems to me that he is determined to move ahead with or without GOI approval. It is also clear that Shabibi does not have the GOI behind him at this point. This is evident in that he has set back the "remove the three zeros" and the introduction of the new currency until at least 2014. However, as we have stated in prior calls, the changing of the rate is still in play and can occur at any time. Once he releases the currency to float freely in the market, which is entirely his right to do, Maliki will have no control over the rise in the value of the IQD. And for us, that is all that matters. Once the rate is released we need no longer concern ourselves with the petty rivalries within the country itself. We must keep this in mind and keep our focus on the rate change only. Everything else is just politics. Enorrste [/quote]
Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk
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