Millionday   Article quote:   “in the past week took place in Istanbul intensive meetings with two of the three for” credit rating “{” Fitch “and” Moody “} global institutions.”  IN THE PAST WEEK NOT JUST MEETINGS — INTENSE MEETINGS — GLOBAL…   THIS IS ALSO VERY IMPORTANT TO THE INTERNATIONAL BANKS.  Quote:  “The objective assessment credit situation of Iraq, which is the “Unclassified” {NR, Not publicly rated}, and this is less so from lower grades D .. The highest grades are AAA.”    IRAQ`S RATING RIGHT NOW IS UNCLASSIFIED — THEY NEED ALL THREE…THIS IS VERY IMPORTANT AND OF COURSE ONE OF THE LAST THINGS THAT HAS TO BE DONE TO GO TO THE MARKET ECONOMY — GLOBAL..
THEY HAVE WORKED HARD TO MAKE SURE THEY CAN GET A HIGH CREDIT RATING BY PAYING DEBT AND THE MAJOR IMPORTANCE THEY MADE IN IT.   [so with their strength in oil, gold etc, would it not be feasible they would be at least a BB or higher?]   THE REPORTS WE HAD DURING THE WEEK WERE ADDRESSING THEIR CAPABILITIES — SO YES IT APPEARS THEY ARE TAKING INTO ACCOUNT EVERYTHING AND NOT JUST THE ACTUAL.   I AGREE…THEY ARE HOPING FOR A BB OR HIGHER.  [Do they have to have a credit rating to rv?]   THEY NEED CREDIT RATING TO SHOW WHAT CONFIDENCE THE CONTRACTORS AND DEBTORS CAN HAVE IN IRAQ– HIGH CREDIT RATING MEANS — CONFIDENCE IS HIGH.  [can they rv before credit rating?]  I DON’T KNOW — THEY COULD HAVE JUST ONE STEP IN THE MIDDLE OF EVERYTHING — WE DON’T KNOW WHEN…