KURDISTAN IS GETTING READY FOR A WAR.

FROM THE - JOURNALS of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA ~ Contributed & Written by Kenneth Rijock

THREATENED INTERVENTION BY IRAQI KURDS IN SYRIA COULD RAISE COUNTRY RISK IN IRAQ 

While most observers have been concerned that the fighting in Syria will eventually spill over in Lebanon, especially along Sunni-Shiite lines, this week's announcement from the KRG could mean that the war might widen into Iraq itself.

President Barzani, the leader of the autonomous Kurdish Regional Government, has threatened to intervene militarily in the Kurdish areas of northern Syria.

Apparently, the designated terrorist group, Al-Nusra, has engaged Syrian Kurdish forces in the frontier areas of northern Syria, near the borders with Turkey and Iraq.

The KRG has a sizable military force, which is capable of inflicting serious damage upon Al-Nusra, and the KRG is an ally of the United States, which further complicates the situation.

Any cross-border action, by KRG forces, could invite retaliation inside Iraq, whether by direct military acts, or terrorist tactics, either of which would seriously raise Country Risk for Iraq.

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KURDISH REGIONAL GOVERNMENT SUPPORTS IRAN AND VIOLATES EXISTING LAWS.

FROM THE - JOURNALS of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA ~ Contributed & Written by Kenneth Rijock

KURDISH REGIONAL GOVERNMENT TO SHIP CRUDE OIL THROUGH IRAN OPPOSED BY US AND IRAQ

The announcement this week, that the KRG (Kurdistan Regional Government) has entered into an  agreement, whereby a substantial portion the region's crude oil output will be exported through Iranian port facilities. This move, which has been opposed by the central government of Iraq, as it violates existing law, drew a negative American response, due to global sanctions against Iran.

Apparently, US influence upon the KRG, a nominal US ally, is insufficient to deter it from trading with Iran. America appears to have no leverage with the KRG, which has developed a close relationship with Iran. Some of the issues:

(1) US dollar currency is shipped, in bulk, from the KRG financial structure, into Iran, which greatly assists it in paying for goods and services on the global market. The cash also allows the dollar to be widely used as an alternative currency inside Iran, by the civilian population, as a hedge against the declining value of the Riyal.

(2) Direct trade, between Iran and the KRG, is assisting in propping up the troubled Iranian economy.

(3) The KRG president, Barzani, who attended the installation of Iran's new president, has moved closer to senior leaders in Iran, since US troops left Iraq, which troubles American foreign policy planners.

(4) Money laundering, of Iranian profits, in KRG banks, is out of control, and the United States has absolutely no method of disrupting it. Anti-money laundering compliance in the KRG is a joke, when it comes to servicing Iranian clients.

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