Thursday, January 16, 2014

1-16-2014 Newshound Guru Doc

1-16-2014   Newshound Guru Doc   We remain cautiously optimistic as we head toward the April elections.  There are a lot of reasons for the politics to play nice going into April.  We are hopeful this means that much of the infrastructure to support currency reform is enacted by then.  As we've highlighted in the past HCl continues as one of the key laws.  The good news is there have been numerous articles talking about the movement toward an agreement.  Some have been favorable and some not so favorable but that's typical of Iraq politics.  However, recent the non public channels have begun in earnest talking about a potential agreement.  This we find very encouraging in that public/non public information is converging.  In the past this has indicated a potential favorable outcome in the not too distant future.