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

Originally Posted by lglwzrd

i take exception with the phrase "current rumors looking promising". i think realistically the fil-ici-hcl-all need to be enacted b4 any rv. until we see those laws passed and enacted-we will continue to see a slow rv. all rumors are appreciated and there certainly has been more and more corroborating statements with ea rumor. there certainly is an excitement in the air from here to there about this. its gonna come and this year. i have moved off of my 2008 position to 2007. that says a lot coming from me.

to this exception~ but just on a technicality... rv should really come BEFORE those laws are enacted, or right on the same day? So no one snakes in with a quickness and gets something valuable (like large stock positions or commodity futures or whatever) on the cheap. Investors are lining up like wolves at the gate, just waiting for an easy opening. mho

Voices of Iraq: Iraq-Currency
Posted by: saleem on Thursday, January 25, 2007 - 08:01 PM

Iraq-Currency
Dollar demand higher in Iraqi central bank auction
By Dergham Mohammed Ali
Baghdad, Jan 25, (VOI) – Dollar demand moved higher in the Iraqi central bank daily auction on Thursday reaching 101.510 million compared to $65.810 million on Wednesday.
In its daily statement, the bank said it covered all bids which were $15.110 million in cash and $86.400 million in foreign transfers at an exchange rate of 1,292 dinars per dollar, three ticks lower than yesterday.
Fourteen banks participated in Thursday’s auction and offered to sell $10 million, the highest over a year, that the central bank bought all at 1,290 dinars per dollar rate.
Ali al-Yasseri, a trader, told the independent news agency Voices of Iraq (VOI) bids will increase in the daily auction for the finance ministry is seeking dinars to cover the 2007 budget in Iraqi dinars.

Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

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Iraq's hydrocarbon law. The two speakers were one of the original drafters of the central government's version, and the legal advisor to the Kurdish Minister of Natural Resources and former adviser on the constitution to the USIP.

• The Iraqi participant in drafting the law said the parties were still ironing out final wording on approval of contracts, after which the framework law will be submitted to the Council of Ministers. He said there would be an appropriate return to the investor so that Iraq could develop a long-term relationship with the international oil community.

• The Iraqi participant said that once an agreement is reached between the various parties, the oil articles in the constitution should be amended to reflect the political agreement contained in the law.

• The Kurdistan Regional Government (KRG) legal advisor claimed that the KRG will have a separate petroleum regime and that it is not subject to the Iraq National Oil Company, the Oil Ministry in Baghdad, or other Baghdad-based offices. He disagreed with the central government spokesman that a constitutional agreement was necessary, and doubted it would occur.
http://www.state.gov/documents/organization/79483.pdf

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Help Iraq Strengthen Its Economy

The Iraq December consumer price index (CPI) inflation was 11.3%; making 2006 inflation 64.8%, a relative increase from the 51.7% year-on-year rate in November.

The US government estimate of Iraq’s core inflation figure (which excludes fuel, transport, and rent) was 3.0% in December and 32.5% 2006. The International Monetary Fund (IMF) core inflation figure (which excludes fuel, transport, but includes rent, and which the IMF uses to judge the efficacy of exchange rate appreciation) was 3.2% in December and 31.9% in 2006. The sharp rise in December was driven largely by a 37.6% rise in fuel prices, while other CPI components rose less than 5% or fell slightly.
http://www.state.gov/documents/organization/79483.pdf

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I think this speaks for all of us.

YouTube - Robin Trower - I Can't Wait Much Longer - Live

Sorry Neno couldn'r resist.

Well people, for what its worth I am still very positive about this month!!! There is still 6 days left and thats more than enough. Iraqi Gov. working on days off? Thats gotta be a first. That and working too...lol. Heres to a great big fat RV in the next few days!!!!!!!!! I Believe, There for it will.

Gloribee

that's twice that i have heard people on foxnews talk about the oil law in iraq. mary Matalin and then a whitehouse correspondent. Saying that the oil law has been escalated exponentially.

Originally Posted by crave681

my beef was with elf, not you.. but i cant tell now if youre defending him, or defending yourself, or just trying to jump in and stir the pot, which btw was NONE of your BUSINESS. However, since youre 'in it' now.... i am adamant that your little poke at me was another name calling couched in a subtle phraseology. Tell me that "lack of intellect" is not just a different route to calling someone "unintelligent" if not something even more insulting. Not sure if elf is a friend of yours, but he baited me on open forum, and i retaliated appropriately. it was an A-B exchange , btw...

Kindly take this crap to the Rolclub War Zone. http://www.rolclub.com/warzone/ Follow the TOS Rules. Thanks

Originally Posted by Gloribee

Well people, for what its worth I am still very positive about this month!!! There is still 6 days left and thats more than enough. Iraqi Gov. working on days off? Thats gotta be a first. That and working too...lol. Heres to a great big fat RV in the next few days!!!!!!!!! I Believe, There for it will.

Gloribee

Yes 6 days left. But, doesn't Iraq GOP have to have this Oil Law (HCL) done by the WTO meeting on Feb.7th?????? I am under this impression.

Originally Posted by Par77

Voices of Iraq
Parliament-meeting

Books : nakr2004 on Thursday, January 25, 2007 7:56 PM-BT

Source : Parliament decided to convene a meeting on Saturday to discuss the 2007 budget

From Santa Mikhail

Baghdad - (Voices of Iraq)

Director of Information Office of the President of the House of Representatives today, Thursday, the chairman of the Council, Mahmoud Almshahadani decided to convene a meeting of the Council next Saturday to complete the discussion of the budget 2007.

He added Mr. Muhannad Abdul Jabbar in a telephone conversation with the News Agency (Voices of Iraq) Independent that "there is a study by the Legal Committee of the Council for presentation at the third session of the legislature which begins in March provides for the replacement of leaders who did not attend the mass meetings of the Council at all."
Translated version of Aswat al Iraq :: Aswat al Iraq
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ok, the hcl will be finished this session was reported in an earlier article. now that is obviously before the one in march so at the very longest we are within a month of the climax.