Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Saleh on the news talking about soon the parallel market will be same as regular...
FRANK: ...The parallel rate doesn't exist anymore and if it doesn't exist anymore it's because they have a new exchange rate. The parallel rate was because you had a program rate.
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FIREFLY:
The Gazette, it's been printed but with July 1 date and there's no budget and no budget schedules in it.
Maybe we have to wait for that appeal and the 15 days.
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[Iraq boots-on-the-ground report]
FIREFLY:
Television says that the development road project has Iraq as center of global trade and it will be the hub for the Middle East.
FRANK: Of the Middle East? No. The world...They're trying to tell you, you have a new exchange rate because these words don't mean anything at 1320.
FIREFLY:
We are now hearing from our news on Channel One that Iraq has been fully accepted into the WTO. This is going to be official...July the 18th. FRANK: To join the WTO Iraq does not need a currency with value. No, that's not the point. Iraq needs a currency that has no restrictions, no handcuffs, no limitations in order for it to float on an international market...whatever the case this is very good.
The television is saying parliament committee is saying there is a new number in the budget. They just admitted we have a new exchange rate and they say they want to be in charge of it, that they want to control, they want to put some votes...Saying the budget has numbers that will change and that's unconstitutional without another reading...It is a 15 day appeals process..
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