Nader From The Mid East
About the HCL - We received some payments...I checked my bank over there. I received some money.
It's good news. It's great. So the HCL start paying. This time we got some money. Next time a little less but it's going to be month to month and it's going to depend on if oil is going up or down...hang in there. It's happening.
Kaperoni
...In order for Iraq to go international they'll have to be IMF Article VIII compliant. They're not close with a current market rate of 1152 which is over 18% from the official rate. Well out of compliance.
There are many countries around the world with weak currencies, and Iraq's currency will remain weak until they diversify their economy.