"RV UPDATE" BY MARKZ, 22 OCT

 MarkZ 

  [via PDK]  There are some interesting articles from Iraq. “Teachers in Iraqi Kurdistan strike over delayed salaries”

  This is all part of the HCL stuff and the money that is supposed to be flowing to the Kurdish region.

 They have a urgent need to get this thing done so they can meet their obligations and take care of their people. This new government over there does care about their people and they are working hard to fix things…

There is still lots of chatter out of Iraq…there is a huge project that is underway right now as they look to fix their housing crisis. “Bismayah New City”  This is part of the national housing program …massive new city about 10 miles north of Baghdad. Huge project and they have already broken ground. 

Where is this money coming from ? How are they planning the potential 600,000 population city with houses, high rises, entertainment…you name it? 

It’s clear Iraq is planning for prosperity. They are going to need a new exchange rate to justify this city…imo.

   In Iraq:  “Barzoni and the CBI Governor discuss economic cooperation” 

 It was great to see this article come out today. This is a feel good article on how much has been accomplished. I am also getting reports from a finance ministry contact in Iraq that things are exceptionally good right now between Barzoni and the government of Iraq. So this is fantastic.