Highlights of Tony's CC - One hour call only - Sunny
In Iraq everything is planned to be announced before Friday morning. US roll out after that.
Tony . . . And we do think this is our weekend!
DC: We are in high alert . . . they are expecting this now. Everyone has been given the green light on both sides of the pond. They are in agreement and I’m pretty excited and you should be, too.
IRAQ: Expecting economic reform changes any moment there. They voted on the budget, and the Council of ministers approved the economic reform last night. Talking publicly about the budget coming out. Sunday is a holiday in Iraq. The GOI is to release the budget and complete economic reforms. Everything is planned to be announced before Friday morning. (Iraq time as I understand it)
- TV/News: saying Iraq will have the largest economic reform since 2003 and that it “will go down in history.” Specifically saying falling oil prices will not affect this.
- CBI: banks have been reviewing training since Monday and security is in place. CBI, the GOI PM and international teams are all cordinated with each other and it could go any time now to the next couple of days.
- ISIL: have redone their plans for dealing with ISIL
- Budget vote was taken and although the budget is not vital to the economic reforms happening they wanted to adjust for the decrease in oil prices.
The Iraq public is cynical about the US because they know it’s been stopped many times by their ‘international partners.” In CBI and bank meetings they are saying “the US has given the green light” and freed Iraq from all constraints as Iraq has met all their "marks."
UNITED STATES: The administration is still working on how to roll this out in the US.
- UST and IMF have given their consent in the US, and bankers have been ramping up with their pre-game checks today.
- Banks: doing pre-game checks today. Doing final walk throughs this afternoon.
LATEST USA ROLL OUT PLAN: as always it’s subject to change - As soon as Iraq goes, the:
- 1) US will put the word out very discreetly and quietly at the banks and through a few dinar gurus.
- 2) Tony/DC will send out the 800 numbers and other appointment numbers for the banks through tweets and emails. Remember only one bank is required to take everyone. Other banks have minimum amounts they want to do business. Each bank has different criteria.
- 3) Tony/DC will have calling explaining the process and which banks will be appropriate in which regions. Right now the guys are planning on 4-7 days of these type calls. There will be others besides TNT doing this.
If the web sites are shut down Tony says make sure you are on the TNT Twitter list so you can be communicated with.
- Banks: The banks will work through the holiday season, including half a day on Christmas Eve and New Year’s Eve.
- Contract Rate available for both Dinar and Dong.
DC: There have been last minute changes to the rollout plan, and this is what we understand right now. This IS subject to change – everyone remain flexible.
DC: We will get the information first because we are paying attention. Our friends and family will get the information next, and then the general public after January 2nd. That is what we have – real and live information, 45 minutes old!
CLOSING STATEMENTS:
DC: We are in high alert, everyone is there, and Iraqi television is still scrolling that they are expecting this now. Everyone has been given the green light on both sides of the pond. They are in agreement and I’m pretty excited and you should be, too.
Pam: I hope the other sites will be responsible and help people. Check the rates on the various sites like Yahoo Finance. You guys know what you need to know.
Ray: [singing] “We’re gonna’ have a good time tonight."
Tony: We will try to help as many people as possible, see if we can expand our service because I think some sites will be down and we may have more people on the calls for the next four to seven days. We will try to help everyone through this. Hopefully the next text, tweet or call will be the one. If someone cannot get on twitter, we will send out a Tony blast, and also make sure someone who does get the tweets can call you, because I cannot call everyone individually. They said they are announcing this before Friday Iraqi time – that’s their plan. Our plan is for Iraq to get it first, then us. Enjoy your day!
