Thread: Iraq/Dinar News. before Febuary 2nd 2006

[quote=rvalreadydang;160951]الربيعيBaghdad Haider spring
.[size="4"]Central Bank Governor Sinan Shabibi said, in turn : that the new budget is an investment budget and the size of a large investment in economic terms. He added during the budget debate this year in the House of Representatives said that the Central Bank's role is to address the imbalance resulting from the development process that will produce changes in the economic structure are basic.
.Shabibi explained that the Central Bank is working on the development of a stable monetary, in addition to the bank concerned by all means and contexts that achieve economic stability and dealing with inflation.
وتابع..He continued Shabibi that our budget for the preservation of resources, and this will be done by the fight against inflation, and we have a number of measures including raising the exchange rate of the dinar. He pointed out that the impact of this measure in the budget through influence in the purchasing power of the government.
وأفاد ..He said that this policy will increase confidence in the dinar will pull some of the money to the banking sector and the rationalization of government expenditure which will limit inflation.
.And that this will lead to the reduction of import prices, such as imports, the private sector and the import of the government's development comes through the transformation of the Iraqi dinar to the dollar.

rvalreadydang Great Post! The clues we're looking for are in the news!

The President of the Republic, Jalal Talabani, said the Iraqi government was able in the last period to develop diplomatic relations with the neighboring countries and obtained promises and guarantees to support Iraq, especially the security situation and prevent the infiltration of terrorists into the country.
جاء ذلك خلال استقبال رئيس الجمهورية، في مقر إقامته ببغداد يوم الأربعاء 24-1-2007، السفير التركي داريا قمباي و تسلمه أوراق اعتماده سفيرا جديدا لبلاده لدى العراق.This came during a meeting between the President of the Republic, at his residence in Baghdad on Wednesday, 1-24-2007, the Turkish Ambassador Darya Qumbai and received credentials of the new ambassador of his country to Iraq.
الرئيس طالباني أكد أيضا ان حكومة الوحدة الوطنية عازمة على إعادة اعمار جميع القطاعات التي تأثرت من جراء السياسات الكارثية للنظام الدكتاتوري السابق. و قال "ان هدفنا اليوم يتمثل في مكافحة الإرهاب و دعم العملية السياسية و إشاعة روح الديمقراطية في البلاد".President Talabani also stressed that the government of national unity is determined to reconstruct all sectors affected by the disastrous policies of the former authoritarian regime. And he said, "Our goal today is to combat terrorism and to support the political process and spread the spirit of democracy in the country."
و شدد فخامته على ضرورة التصدي للأعمال التي تقوم بها الجماعات المسلحة و الميليشيات، و فرض القانون و النظام في البلاد و حصر السلاح بيد الدولة.Excellencies, stressed on the need to address the work being carried out by armed groups and militias, and impose law and order in the country and countless arms in the hands of the state.
و في معرض حديثه عن العلاقات الاقتصادية و التجارية بين العراق و تركيا، أشار رئيس الجمهورية إلى أهمية دعم الصناعات المحلية و تشجيع القطاع الخاص العراقي معربا عن أمله في أن تدعم تركيا هذا القطاع المهم في البلاد عن طريق تشجيع الاستثمارات في العراق.And speaking of the economic relations and trade between Iraq and Turkey, the President of the Republic to the importance of supporting local industries and encourage the Iraqi private sector and expressed the hope that Turkey supports this important sector in the country by encouraging investments in Iraq.
و تحدث الرئيس طالباني عن الأوضاع المأساوية التي عاشتها البلاد أيام النظام الدكتاتوري الذي بدد ثروات العراق و مارس شتى أنواع الاضطهاد السياسي و القومي و الطائفي ضد جميع مكونات الشعب العراقي و خلّف الكثير من الآفات الاجتماعية التي مازال يعاني منها العراقيون.Talabani, the President spoke of the tragic situation that the country experienced days of the dictatorship that squandered the wealth of Iraq in March and the various types of political persecution and national and sectarian against all components of the Iraqi people and behind many of the social ills that still suffers from the Iraqis.
في المقابل، أكد السفير التركي على أهمية دعم التعاون الاقتصادي بين البلدين و فتح باب الاستثمار أمام جميع القطاعات الاقتصادية في العراق مشيرا إلى ان استقرار الوضع الأمني في البلاد ستكون له نتائج ايجابية في عموم المنطقة.On the other hand, the Turkish ambassador emphasized the importance of supporting economic cooperation between the two countries and opening the door of investment to all economic sectors in Iraq, pointing out that the stability of the security situation in the country will have positive results in the whole region.
السفير قمباي أكد أيضا على ضرورة دعم العلاقات الإنسانية و الروحية بين الشعبين الجارين و ذلك عن طريق تطوير العلاقات الثقافية الثنائية بين البلدين الصديقين.Ambassador Qumbai also emphasized the need to support the humanitarian and spiritual relations between the two neighboring peoples, including through the development of bilateral cultural relations between the two friendly countries.
و نقل السفير التركي الجديد لدى العراق تحيات الرئيس أحمد نجدت سيزار و رئيس الوزراء التركي رجب طيب اردوغان إلى الرئيس طالباني، و أعرب عن قلق بلاده حكومة و شعبا إزاء الأوضاع في العراق.And the transfer of the new Turkish ambassador to Iraq, the greetings of President Ahmet Necdet Sezer and Turkish Prime Minister Recep Tayyip Erdogan to President Talabani, and expressed his country's concern about the government and people of the situation in Iraq.
و في ختام اللقاء، حمّل رئيس الجمهورية، السفير قمباي تحياته إلى الرئيس سيزار و رئيس الوزراء اردوغان و الحكومة التركية متمنيا الموفقية و النجاح للسفير في عمله الجديد في العراق.And at the end of the meeting, president of the Republic, Ambassador Qumbai greetings to President Sezer and Prime Minister Erdogan and the Turkish government hoped Shinafiyah and Muwaffaqiyah and the success of the ambassador in his new job in Iraq.
Iraqi Presidency







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[QUOTE=billknows;161234]

Originally Posted by rvalreadydang

الربيعيBaghdad Haider spring
.[size="4"]Central Bank Governor Sinan Shabibi said, in turn : that the new budget is an investment budget and the size of a large investment in economic terms. He added during the budget debate this year in the House of Representatives said that the Central Bank's role is to address the imbalance resulting from the development process that will produce changes in the economic structure are basic.
.Shabibi explained that the Central Bank is working on the development of a stable monetary, in addition to the bank concerned by all means and contexts that achieve economic stability and dealing with inflation.
وتابع..He continued Shabibi that our budget for the preservation of resources, and this will be done by the fight against inflation, and we have a number of measures including raising the exchange rate of the dinar. He pointed out that the impact of this measure in the budget through influence in the purchasing power of the government.
وأفاد ..He said that this policy will increase confidence in the dinar will pull some of the money to the banking sector and the rationalization of government expenditure which will limit inflation.
.And that this will lead to the reduction of import prices, such as imports, the private sector and the import of the government's development comes through the transformation of the Iraqi dinar to the dollar.

rvalreadydang Great Post! The clues we're looking for are in the news!

He continued Shabibi that our budget for the preservation of resources, and this will be done by the fight against inflation, and we have a number of measures including raising the exchange rate of the dinar. He pointed out that the impact of this measure in the budget through influence in the purchasing power of the government.
He said that this policy will increase confidence in the dinar will pull some of the money to the banking sector and the rationalization of government expenditure which will limit inflation.
And that this will lead to the reduction of import prices, such as imports, the private sector and the import of the government's development comes through the transformation of the Iraqi dinar to the dollar

I would say that if they moved the Iraqi Dinar to the dollar it would pull "some" money to the banking sector. At least they would get about 30% of mine then another 30% when it hits $2 to 1 NID then I will say good by when they join the GCC in 2010 if the date don't change.

So glad to hear from Wm.Knowles. I always have more confidence when I hear from him. Please don't get lost again. Thanks.

Senate panel votes against Bush on Iraq By ANNE FLAHERTY, Associated Press Writer
1 hour, 36 minutes ago



WASHINGTON - The Democratic-controlled Senate Foreign Relations Committee dismissed President Bush's plans to increase troops strength in Iraq on Wednesday as "not in the national interest," an unusual wartime repudiation of the commander in chief.

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The vote on the nonbinding measure was 12-9 and largely along party lines.

"We better be damn sure we know what we're doing, all of us, before we put 22,000 more Americans into that grinder," said Sen. Chuck Hagel (news, bio, voting record) of Nebraska, the sole Republican to join 11 Democrats in support of the measure.

Sen. Joseph Biden (news, bio, voting record), D-Del., the panel's chairman, said the legislation is "not an attempt to embarrass the president. ... It's an attempt to save the president from making a significant mistake with regard to our policy in Iraq."

The full Senate is scheduled to begin debate on the measure next week, and Biden has said he is willing to negotiate changes in hopes of attracting support from more Republicans.

House Democrats intend to hold a vote shortly after the Senate acts.

Even Republicans opposed to the legislation expressed unease with the revised policy involving a war that has lasted nearly four years, claimed the lives of more than 3,000 U.S. troops and helped Democrats win control of Congress in last fall's elections.

"I am not confident that President Bush's plan will succeed," said Sen. Richard Lugar (news, bio, voting record) of Indiana, senior Republican on the committee.

But he said in advance he would vote against the measure. "It is unclear to me how passing a nonbinding resolution that the president has already said he will ignore will contribute to any improvement or modification of our Iraq policy."

"The president is deeply invested in this plan, and the deployments ... have already begun," Lugar added.

He suggested a more forceful role for Congress, and said lawmakers must ensure the administration is "planning for contingencies, including the failure of the Iraqi government to reach compromises and the persistence of violence despite U.S. and Iraqi government efforts."

Divisions over the war were on clear display as the committee met.

Sen. Chris Dodd, D-Conn., said he wanted to change the measure to say flatly that the number of troops in Iraq "may not exceed the levels" in place before Bush announced his new policy. The suggestion failed, 15-6.

Sen. Norm Coleman (news, bio, voting record), R-Minn., sought to amend the legislation to show support for an increase troops in the Anbar province in western Iraq, but not in Baghdad, where the sectarian violence is particularly fierce. His proposal also fell, 17-4.

Sen. Russell Feingold, D-Wis., chastised fellow lawmakers, accusing them of being reticent to respond to Bush's plans. He said he would seek passage of legislation at a later date cutting off funds for the war.

Hagel's remarks were among the most impassioned of the day, and he was unstinting in his criticism of the White House.

"There is no strategy," he said of the Bush administration's war management. "This is a pingpong game with American lives. These young men and women that we put in Anbar province, in Iraq, in Baghdad are not beans; they're real lives. And we better be damn sure we know what we're doing, all of us, before we put 22,000 more Americans into that grinder."

A Vietnam veteran, he fairly lectured fellow senators not to duck a painful debate about a war that has grown increasingly unpopular as it has gone on. "No president of the United States can sustain a foreign policy or a war policy without the sustained support of the American people," Hagel said.

At least eight other Republican senators say they now back legislative proposals registering objections to Bush's decision to boost U.S. military strength in Iraq by 21,500 troops.

The growing list — which includes Sens. Gordon Smith (news, bio, voting record), George Voinovich (news, bio, voting record) and Sam Brownback (news, bio, voting record) — has emboldened Democrats, who are pushing for a vote in the full Senate by next week to rebuke the president's Iraq policy.

In his State of the Union speech Tuesday night, Bush urged skeptical members of Congress to give the plan a chance to work.

Many lawmakers remained reluctant.

"I wonder whether the clock has already run out," said Sen. Susan Collins (news, bio, voting record), R-Maine. She said she was worried that U.S. troops in Iraq are already perceived "not as liberators but as occupiers."

Bush did get a word of support from former New York Mayor Rudy Giuliani, one of the 2008 Republican presidential hopefuls.

"I believe we should give the president the support to do this. I want us to be successful in Iraq," he said Wednesday on NBC's "Today" show. "I know how important it is to the overall war on terror. Success in Iraq means a more peaceful world for America, it means a victory against terrorists. Failure in Iraq means a big defeat against terrorists and the war on terror is going to be tougher for us."

But Sen. Barack Obama (news, bio, voting record), D-Ill., appearing on the same show, said, "I think all of us are talking about a phased redeployment which would leave American troops in the region to send a strong message, not only to the Iraqi government that we want to help them, but also to neighbors, like Iran, that we're not abandoning the field

Things aren't looking too good for bush!!I think we are going to see a real big push for Iraq to do something!An RV is eminante and they can't wait much longer!
Sarah

Originally Posted by im1vestr

He continued Shabibi that our budget for the preservation of resources, and this will be done by the fight against inflation, and we have a number of measures including raising the exchange rate of the dinar. He pointed out that the impact of this measure in the budget through influence in the purchasing power of the government.
He said that this policy will increase confidence in the dinar will pull some of the money to the banking sector and the rationalization of government expenditure which will limit inflation.
And that this will lead to the reduction of import prices, such as imports, the private sector and the import of the government's development comes through the transformation of the Iraqi dinar to the dollar

I would say that if they moved the Iraqi Dinar to the dollar it would pull "some" money to the banking sector. At least they would get about 30% of mine then another 30% when it hits $2 to 1 NID then I will say good by when they join the GCC in 2010 if the date don't change.

I totally Agree. This is funny, as at the Job today we were all discussing this very senario. The only thing that gets me about the GCC in 2010 is we were trying to figure if it will be a whole New Currency Printed. Or since Iraq has establihed by then the NewIraqDinar. If it itself might be the one currency that is unified to all. Any Comments about the future currency at that time, welcome. Makes wonder and how high in value it could become.

Why has there not been an auction today at cbi.I just noticed the same rate as of yesterday!Anyone know?Maybe i have just missed something!

Originally Posted by snottynose

Why has there not been an auction today at cbi.I just noticed the same rate as of yesterday!Anyone know?Maybe i have just missed something!

Snotty, its been an auction, but the dinar didnt drop anything.

The 849 daily currency auction was held in the Central Bank of Iraq day Wednesday 2007/ 1/24 so the results were as follows :

Number of banks 11 -----
Auction price selling dinar / US $ 1295 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 65.810.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 65.810.000 -----
Total offers for selling (US $) ----- -----

Originally Posted by neno

I totally Agree. This is funny, as at the Job today we were all discussing this very senario. The only thing that gets me about the GCC in 2010 is we were trying to figure if it will be a whole New Currency Printed. Or since Iraq has establihed by then the NewIraqDinar. If it itself might be the one currency that is unified to all. Any Comments about the future currency at that time, welcome. Makes wonder and how high in value it could become.

i think that the currency will change but that they will take a long time to hash out an agrement on the proper currency look they do nothing fast!!!!