{"id":32959,"date":"2026-07-30T15:57:44","date_gmt":"2026-07-30T20:57:44","guid":{"rendered":"https:\/\/dinarupdates.com\/observer\/?p=32959"},"modified":"2026-07-30T15:57:44","modified_gmt":"2026-07-30T20:57:44","slug":"stephen-78","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=32959","title":{"rendered":"Stephen"},"content":{"rendered":"<p><strong><span style=\"color: #c23b3b;\">Stephen &#8211; Dinar Guru<\/span><\/strong>\u00a0\u00a0<strong><u>The HCL law has been at a standstill since 2007.<\/u><\/strong>..They&#8217;ve negotiated back and forth but it&#8217;s\u00a0really gone nowhere.\u00a0<em>\u00a0Why is this law needed<\/em>?\u00a0 Imagine you and your brothers inherit a business worth billions of dollars but\u00a0nobody agrees on how to split the profits.\u00a0 That&#8217;s been Iraq&#8217;s problem&#8230;<strong><u>The HCL is designed to answer questions like who owns the\u00a0oil, who can sign the oil contracts, how are the oil revenues divided, how much goes to Baghdad&#8230;each province.<\/u>\u00a0 Without clear\u00a0rules disputes discourage investment&#8230;The HCL isn&#8217;t about changing the exchange rate directly.\u00a0 It&#8217;s about making sure Iraq&#8217;s\u00a0biggest source of wealth&#8230;is managed in a stable, transparent way.\u00a0\u00a0<u>If Iraq wants a stronger economy and&#8230;currency, getting its\u00a0oil revenue system right is one of the biggest pieces of the puzzle.<\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stephen &#8211; Dinar Guru\u00a0\u00a0The HCL law has been at a standstill since 2007&#8230;They&#8217;ve negotiated back and forth but it&#8217;s\u00a0really gone nowhere.\u00a0\u00a0Why is this law needed?\u00a0 Imagine you and your brothers inherit a business worth billions of dollars but\u00a0nobody agrees on &hellip; <a href=\"https:\/\/dinarupdates.com\/observer\/?p=32959\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-32959","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-8zB","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/32959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32959"}],"version-history":[{"count":1,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/32959\/revisions"}],"predecessor-version":[{"id":32960,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/32959\/revisions\/32960"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}