Monday, June 2, 2014

6-2-2014 Intel Guru TD

6-2-2014   Intel Guru TD   The CBI has been asked to let things form & stabilize before any major monetary policies are executed. While the CBI is autonomous in theory, there is inter dependance among the executive & legislative branches.  Don't be surprised to see announcements regarding deletion of the zeros project, IMF & WTO compliance issues, international capital & investment banking reforms as targets of programs to roll out in 2015. This is Iraq and a snails pace of "things to do" hasn't changed one bit. June, which was stated previously as a month of goals & actions will come & go without enactment of anything major relative to the dinar, it's rate or status.   [post 2 of 2]