Have you been following events leading up to the Iraqi elections 2010? I for one never believed that an RV would be used just before an election for the current leader to create revenue to win the election. Massive oil revenue is a key ingredient to the revaluation potion being stirred up in the clandestine politics of Iraq.
Iraq’s Presidential winner in this years 2010 elections will have a very good chance in guiding the country into economic growth suitable for a revaluation of the Iraqi currency. What events can be expected next in 2010 to strengthen Iraq’s independence?
American Troop Pullout
“Unless there’s a catastrophic event, we don’t see that changing,…. We believe we’re right on track.” Gen. Ray Odierno responded to a troop pull out question in a recent interview.
“Unless there’s a catastrophic event, we don’t see that changing,…. We believe we’re right on track.” Gen. Ray Odierno responded to a troop pull out question in a recent interview.
Political Issues
There are several issues that will probably be conquered this year soon after the elections also. Iraq chapter 7 and sanctions to be addressed and lifted. Full implementation of the Iraq Hydrocarbon law which will be first in my opinion since it was postponed because of the elections. All these things are fixed to bring in exponentially more oil revenue in due time.
Iraq has never experienced world cooperation in oil drilling and dealing as they are now. There are ‘record breaking incentives’ for foreign oil companies to pump black gold out of Iraq. Russia’s Lukoil and America’s Exxon Mobil are among the front runners in a ‘record number of oil pumpers in Iraq’. Should make for an interesting oil based recovery.
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Written by Darren Chabluk for http://www.DrDinar.com
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