More News, Rumors, and Opinions Thursday Morning 4-28-16

TNT:

TicToc:  Hear some good news ,Vice President Joe Biden is in Iraq to help resolve the political crisis

Ramon:  Why is Joe Biden in Iraq??!!

Skipper2:  Having VP Biden slightly alters the balance of things during this critical juncture... I think it is a good thing (Pappa Bear watching the cookie jar..)

K53:  Hey er'body! My instincts tell me that VP Biden's visit is a helpful thing and could move things forward for all of us.

Elmerf123456:    Also Ashton Carter and Jack Lew in Iraq.

Skipper2:  Sounds like a rock star pow-wow. WOW!

Norm:  The Prime Minister Haydar Al-Abadi meets in his Office Thursday, u.s. Vice President Joe Biden.
....

TNT Cont........

Broccolyasaurus:  Just got this http://ift.tt/1Tg7wPR

Skipper2:  ME thinks Joe Biden can act as a firewall between Cleric Sadr and PM al-Abadhi. A slight change to the existing dynamics at this critical moment can get the Parliment position filled with haste.

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GBT:  My two cents on a Thursday morning. Brothers and Sisters I look at things deeply in the physical and am able to keep emotions out. For what it is worth from the cheap seats here after many years in this investment. No matter what anyone says and opines on, Iraq is going to revalue their currency soon, could be a day, could be a month and could be at any value and it could go up from there, or not. You are good, more than good..don't get discouraged for one moment, you deserve more than that.

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Wing-it:

Alie:  interesting about Biden - Frank26 said on his cc on Monday that Tuesday and Thursday looked good to him (in his cryptic way, he knew something was up) Maybe this was it

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KTFA:

Walkingstick:  Urgent .. US Vice President Joseph Biden arrives in Baghdad on unannounced visit -

28-04-2016 04:26 PM
  
 See more at:   http://ift.tt/1Svau6P
 
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Biden Arrives in Iraq to Try to Help Settle Political Crisis

By JOSH LEDERMAN, ASSOCIATED PRESS

BAGHDAD — Apr 28, 2016, 9:21 AM ET

http://ift.tt/1rkyOOm

Mountainman:  Hey Where is O.......???..............WHY NOW......???......Unannounced PUBLICLY......but NOT {PRIVATELY} to those WHO are in the "KNOW"........IMO
Blessings,Mountainman    (8)=New Beginnings........UNANNOUNCED ONES........

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ReddStarr:  First India, now the UK....people are starting to talk more & more about the potential in Iraq.....

Iraq “one of the Biggest Investment Opportunities”

April 28, 2016  By Padraig O’Hannelly.

The United Kingdom’s Ambassador to Baghdad has said Iraq has the potential to become an economic force in the region, and encouraged British businesses to take advantage of the opportunities it presents.

Addressing senior executives at the Iraq Britain Business Council (IBBC)‘s Spring Conference in London on Wednesday, H.E. Frank Baker OBE said that to achieve this, Iraq needs to realise its vision to implement substantive economic reforms and to rebuild key infrastructure and institutions, adding:

“This economic reform cannot take place without developing the country’s private sector, because that in turn will help bring about stability and prosperity.
“Despite all the challenges, Iraq offers one of the greatest investment opportunities in the region.”

Referring to “stifling bureaucracy and corruption“, the Ambassador acknowledged that it is not a market for the faint hearted, but advised British enterprises with a “buccaneering spirit” take on the challenge.

“Iraq will offer one of the biggest investment opportunities to UK companies in the first half of this century, but to do so, British business has to be prepared to manage the risks and to take chances.”

http://ift.tt/1Tg7yHp

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Mountainman:  AWESOME WS.......MAY DAY.......MAY DAY........ANYONE......???...............ARTICLE (8).......How can You {TAP} the International Market ??? Unless ONE is INTERNATIONAL.....???    IMO........

Blessings,Mountainman    (8)=New Beginnings........for BONDS

Walkingstick:  Iraq Counts on IMF Agreement, U.S. Guarantee to Issue Eurobonds

April 28, 2016 — 6:54 AM EDT

• High interest rates so far barring Iraq from tapping market

• Rate could fall to as low as 4% with stand-by IMF deal

High interest rates are preventing Iraq from tapping the international bond market to plug its budget deficit, with the government hoping a deal with the International Monetary Fund would significantly cut its borrowing costs.

The war-torn oil producer is having “big problems” selling foreign bonds because lenders are asking for an interest rate of 11.5 percent, Deputy Finance Minister Fadhel Nabi said in an interview in Erbil. The rate would fall to as low as 4 percent if Iraq reaches a stand-by agreement with the IMF, or if the U.S. agreed to back the bond sale.

Iraq aims to sell Eurobonds in the second half of this year, while the IMF has said it hopes to conclude an agreement with authorities in Baghdad in May. 

Iraq’s oil revenue has dropped as crude prices plummeted, a problem compounded by the government’s expensive war against Islamic State militants who have taken over some major Iraqi cities.

Nabi said he expects the price of oil to rise to $50 per barrel by the end of 2016, and $60-$65 next year. Iraq may draft its 2017 budget based on an oil price of $32 per barrel “to be on the safe-side,” he said.

The conflict with Islamic State, which captured swaths of northern Iraq in the summer of 2014, has destroyed economic infrastructure, disrupted trade and discouraged investment. The country is facing the “double shock” of war as well as the crude-oil price drop, and has “urgent” balance-of-payment and budget needs, the IMF said in January.

http://ift.tt/1WUc8ke

Message From Dinar Recaps: 

Dear Dinar Recaps readers,

We have had many people asking us where Mountain goat updates have been lately?

As you know Dinar Recaps has always had a policy of not posting  negativity or bashing of others.

The last two posts sent to Recaps from Mnt Goat had way too much of both by our standards. 

We went back to her and asked if we could post the news (about 90% of the post sent) part of the post, and she said we could not.  All or nothing.

We feel strongly that the Dinar Recaps readers do not want to read all the negativity and bashing of other Intel Providers.

But, IF or when we are sent a post-able update from her, we will surely post it for all our readers.

Best to all,

The Dinar Recaps Team

via Dinar Recaps - Our Blog http://ift.tt/1SvatQ1