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5-6-2015 *Adam Montana

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5-6-2015 *Adam Montana

Unread postby Vixen » Wed May 06, 2015 9:57 am

5-6-2015 *Adam Montana ~Iraq announced they would be applying for a credit rating from multiple major sources...that's some of the best news I've heard in a LONG time, and there won't be many more that big until the HCL is permanent. On that note, let's talk about HCL for a second. As of last week, we had extremely solid news that the KRG and Baghdad are skipping along, arm in arm, like never before. The news was a little misleading, as it sounded like they were already exchanging at above the expected rate in BPD. ...while the Kurds are on their way to exceeding the expected amount, they are actually working their way up to that number: Quote: "... parliamentary member Awad al-Awadi said the oil agreement between the federal government and the Kurdistan Iraq was applied gradually, but until now did not reach the level of the export of 550 barrels per day..." Of course, none of it matters until we can go exchange for a lot more $'s than we currently have. As of right now, the ship is still heading in the right direction, so... we wait.
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