Thread: Iraqi/Dinar news until March 1st, 2007

Originally Posted by PaulieThaGreat

hmmmmm I think they mean decrease the rate from 1260 to 1000 dinar over 3-4 years?

I hear that Chinese had a big announcement in their newspaper right the day before they revalued the yen stating that there is no way that they would ever do it. The question here is not if they would do it or not ( go from 1260 to 1000 in 3 years , let's say). The question is if we believe what the press pushes out...

BAGHDAD (Reuters) - U.S. and Iraqi forces have killed around 400 suspected militants since the start of a major security crackdown in Baghdad, Prime Minister Nuri al-Maliki said on Saturday.

Maliki visited the command center for the operation which was launched 10 days ago and urged security forces not to be swayed by sectarian loyalties.

The Shi'ite prime minister is under pressure from Washington to root out Shi'ite militias with as much determination as he has taken on Sunni Arab insurgents.

Friday's brief detention by U.S. forces of the son of Abdul-Aziz al-Hakim, one of
Iraq's most powerful Shi'ite leaders, could strain his government's relations with Washington.

Maliki told reporters 426 suspected militants had been detained in the crackdown "and around that number have been killed" since it was launched in mid-February. The campaign is regarded as the last chance to prevent all-out civil war.

North of Baghdad, Iraqi troops supported by U.S. aircraft killed "tens" of militants at an insurgent base early on Saturday, the Interior Ministry said.

Ministry spokesman Brigadier Abdul-Kareem Khalaf said a large Iraqi force clashed with insurgents in a rural area of Mashahda at dawn. U.S. air strikes destroyed the base.

Maliki said the crackdown would be extended to other provinces once Baghdad was stabilized. "I'm very optimistic about this plan because of the cooperation between the people and the security forces," he said.

A statement from his office said the prime minister reminded security forces to "respect the citizen" during searches. "We will punish all those who ease up on searches involving people from their sect or ethnicity," the statement said.

Washington has called the Mehdi Army, a militia loyal to radical Shi'ite cleric Moqtada al-Sadr, the greatest threat to security in Iraq. Sunni Arabs blame it for running death squads with the collusion of police they say are deeply infiltrated by the militias. Sadr denies the charges.

The crackdown appears to have reduced the number of death squad victims found each day in Baghdad from around 40 or 50 in recent months, but U.S. commanders have said it will take months to really judge its success.

On Friday just five bodies were found, a police source said.

ANGER OVER DETENTION

Hundreds of Iraqis took to the streets of Shi'ite towns on Saturday to protest Friday's detention of Ammar al-Hakim.

There were no reports of violence. The U.S. military said Ammar al-Hakim was held on Friday because members of his convoy acted suspiciously at a border checkpoint while returning from
Iran. He was released after several hours.

The incident could strain good ties between Washington and the elder Hakim's Supreme Council for the Islamic Revolution in Iraq (SCIRI), the dominant party in the Shi'ite-led government.

Abdul-Aziz al-Hakim held talks with
President Bush in Washington in December.

U.S. military spokesman Lieutenant-Colonel Christopher Garver said in a statement the convoy was stopped because the vehicles met "specific criteria for further investigation in an area where smuggling activity has taken place in the past."

"At the time, members of the convoy did not cooperate with Coalition Forces and displayed suspicious activities which subsequently led to Mr. Hakim's detention," Garver said.

"Further investigation led to Mr. Hakim's release to Iraqi authorities and the return of his possessions. Mr. Hakim was treated with dignity and respect throughout the incident.

"Unfortunate incidents such as this occasionally occur as Iraq endeavors to secure its borders," he said.

Washington accuses Iran of providing weapons to Shi'ite militias in Iraq. Security forces closed the border with Iran for several days earlier this month.

U.S. forces have recently arrested a number of Iranians in Iraq, including several who were seized at Abdul-Aziz al-Hakim's compound in Baghdad. They were later released.

Abdul-Kareem al-Jazairi, Abdul-Aziz al-Hakim's Basra representative, said the incident highlighted "American foolishness."

"He is a well-known figure and to claim he was arrested by mistake is nonsense. We consider this an American attempt to create chaos in Iraq," he told Reuters at a protest in Basra.

Iraqi PM says 400 militants killed in crackdown - Yahoo! News

www.sotaliraq.com(Voice of Iraq) - 24-02-2007 shall


From Hamid Zebari


(Voices of Iraq)

A source in the Kurdish forces of the Ministry of Tambour ray Iraq today, Saturday, the Kurdish force directed from Arpi told to Baghdad to take part in the security plan has to.

He said Brigadier Nazir Assem Curran commander of the infantry brigade Waller I sold two of the task force in the Iraqi army suffered concentrated in Irbil News Agency (Voices of Iraq) offerings to say that "our participation in this plan, the new security d on the night we were part of the Iraqi army. "

He added, "was scheduled to join 1700 b soldier in the plan , but the number has now reached 1800 troops, This is the keenness of the soldiers in the province to participate in the Settlements plan. "

And on the extent of the readiness of these forces to take over security tasks in the m religion Baghdad. Curran Curran said, "our forces ready and our soldiers from the outpost Congresses come and have completed their training courses and to the fullest Alastad Ed to work to restore security to the city of Baghdad. "

Sotaliraq.com

There's lies, and then there's big fat lies. This is the biggest fattest lie in the world. Bogus....

As for the role of the budget in raising the value of the dinar against the dollar, Azzubeidi said that a decision was made to raise the value of the dinar against the dollar in the budget, and the rate was determined purely by 1260 dinar, hoping to return to its normal state like the Gulf currency, as befits a country rich in oil and other wealth, and hoping to decrease the rate of the dollar to 1000 dinar during the three or four years.


DISINFORMATION!!!!!

(Voice of Iraq) - 24-02-2007 shall Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Talabani and Barzani and Khalilzad met on the product Dukan Balslimaneh
(In addition to the start of the meeting and details)
Arbil - (Voices of Iraq)
A source close to the Kurdistan Democratic Party that tripartite meeting began before noon today, Saturday, in a product Du the tourist west of the city of Sulaymaniyah attended by the President of Iraqi President Jalal Talabani and Kurdistan Ara s Massoud Barzani and the American ambassador in Iraq politics Mai Khalil added.
The source, who asked for anonymity, told that B (Voices of Iraq) to the Independent that the meeting Sepp he urged the security situation in Iraq as well as the application of Article 140 the Iraqi constitution Special normalize the situation in Karak K1.
He added that the head of Kurdistan Parliament Adnan Mufti and the Prime Minister in the government of Iraq's Kurdistan region White Yerevan Barzani part in the meeting.
"The source told (Voices of Iraq) earlier in the on that "there is a meeting this afternoon between the Taliban and Al Barzani, in Dokan, the presence of leaders of the Democratic Party Kurdistan and the Patriotic Union of Kurdistan, to discuss those who disturbed none of the current mission, including the application of Article 140 of the Constitution Special Kirkuk and the Turkish threats to the territory of Krdst that. "

Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

They proposed the creation of the Tower of Babel trading
]Babel Emad Tayeb
The Center for the development of the Iraqi economy in the province of Babylon n Doh to explain and discuss the investment law, the presence of a number of the official figures with jurisdiction in the economy.

Head Qusai Al-member council of the province of Babylon, uh, Mia attract and encourage investment in the province and said : Maintaining prepared more than 400 investment project, Meanwhile, Salah Bahiyah President of the economy development Ar Christians in that part of the Babil governorate of Babil has ground Asph for Investment and they enjoy a well-placed security to stimulate and activate investment law.
He said : The Iraqi capital needed to move the process and Thqi P for investors who will play an important role in the practical e reconstruction of Iraq, calling at the same time the government Ptva Il law by providing the appropriate atmosphere and the organization of a the delegations to travel abroad to benefit from the experiences Aal Mia similar to Iraq and putting the secretary general of Iraq j of the economy, Abdul Hameed Al jewelry idea of a project to Hinche purchase of the Tower of Babel trade in the province, which is the second b counting the trade center, which opened a few days ago in the province of a Rbil based on the idea that explain the details through the means of a Izahia or that the tower trade center will provide more m n 10 services in one place and provide services as needed hints Serbian confirming that he represents the face of a cultural highlights the cultural and historical aspects in the design and will b implementation of the biggest international companies to become the center of Astkota b trade and investment in the Furat. The tower consists of (10) - story building includes restaurants and markets Omak Ateb administrative and larger rooms, meeting rooms and rooms yield Libyan also includes a museum of Folklore and other effects and scene The exhibitions, cinema, a parking and recreational centers told to the family of Iraqi and playgrounds and green spaces adjacent and medical centers. He reported that the requirements for the implementation of this big project needs the allocation of a plot of land area of not less than (25) without the to be outside the city of Hillah, according to the environmental determinants a the required and the formation of a committee to maintain and businessmen h AIPAC Implementation Mechanism, At the same time he confirmed that the technical possibilities available e to create companies executing the project according to the period Els Monia specific to the project.
Exited the symposium guidance foremost importance of involving Gata p Special rates in the real implementation of the law because the investment e's real interest in economic development and free economy and initiate awareness campaigns and extensive Todi h importance of the private sector, economic development and advocacy all business organizations, as well as opportunities to contribute Astthma Rayya would create job opportunities.
The conferees at the Symposium to form a committee to monitor e decisions symposium with the province.

http://www.iraqdirectory.com/DisplayNews.aspx?id=3239

Oil Unions warn American companies of investing oil fields
Iraq’s Losses as a result of the oil investment law hit 194 billion dollars
Translated by IRAQdirectory.com - [24/02/2007]
The oil investment law prepared by the experts of the Iraqi Ministry of oil is expected to be discussed by the Parliament during the next few days. This law grants American companies long-term contracts exceed thirty years under the principle of shared production contracts. Experts confirm that this law is an international legal cover for these companies to control oil sector and its management through exploiting the weak negotiating position of the Iraqi government to pass saw this law.

The Federation of Oil Unions in Iraq and in cooperation with the South Oil Company tried to highlight the negative aspects of the legislation of this law during a comprehensive economic and scientific symposium to discuss the oil investment law last Tuesday. Hassan Al-Asadi, Head of the Federation of oil Unions, warned in his opening speech, "the foreign companies, especially the American ones, from accessing to oil fields through any law that does not take into account the interests of the country". He added that the most important objective of invading Iraq is to possess its oil and mineral wealth; pointing out that the legislation of this law is a flout to the law 80 in 1960 and the resolution of nationalization in 1972. Al-Asadi asked the Parliament and the Iraqi government to reconsider issuing such a law.

The constitutional incompatibility with investment law could summed up in that the new Iraqi constitution does not allow the wholly investment of oil, gas and natural resources because they are permanent resources for the Iraqi people and insurance for their future, while the new investment law allows the transcontinental companies to fully control the oil wealth.

According to a document obtained by "Al-Akhbar" from the Office of the Deputy Prime Minister, Barham Salih, in 14 / 11 / 2006 numbered 1034 and addressed to the members of the Oil and Energy Committee in the Parliament points out that the draft law was prepared by the under secretary of the Oil Ministry, Thamir Al-Ghadhban and Ashti Abdullah, but "Al-Akhbar" has got a confirmation that a high-level administrator at Bering Point Company residing in the American embassy in Baghdad for three months has contributed in writing this law.

On the other hand, a number of experts confirmed that in case this law is ratified, Iraq would be the first major producer of oil in the region to put its wealth and economic resources under the mercy of international companies, while Iran, Kuwait and Saudi Arabia are running their oil wealth through national companies. This means that Iraq would incur huge financial losses estimated between 74 to 194 billion dollars due to this law which bashfully refers to privatization in a legal form called (production sharing contracts) which are the favorite contracts to international companies.

The oil investment law, also, calls on the establishment of a body called the Federal Oil Body to run the national oil policy; the Body should include two offices: one for contracts and the other for an oil consultant council, in addition to the establishment of a national oil company that would not be accorded any priority in the investment, but will be treated like any other company and according to the tender it submits.

Nasdaq 100 Flash Quotes

Iraqi Cabinet Delays Approval Of Hydrocarbon Law - Sources

By Hassan Hafidh, Of Dow Jones Newswires

The Iraqi cabinet failed to ratify a proposed hydrocarbon law during a session held Thursday, signaling a lack of agreement between the central government in Baghdad and the Kurdish authority in the north over who should sign oil contracts with international companies, Iraqi oil industry sources said Friday.

"The cabinet met with the committee entrusted with drafting the oil and gas law but they haven't reached a consensus yet," one Iraqi oil official told Dow Jones Newswires.

The cabinet was supposed to ratify the controversial law Thursday before submitting it to the parliament for final approval.

Sources close to the cabinet session held Thursday said that the Kurds still insist that they should negotiate and sign contracts with international oil companies to develop oil fields in their own territory.

A recent copy of the draft law, seen by Dow Jones Newswires, states that a representative from the federal government in Baghdad should take part in these negotiations and that a federal oil and gas council should approve any contract signed by the Kurds.

The committee drafting the law has been meeting over the last five months without reaching a consensus. Negotiations have snagged because of the insistence by the Kurds that they maintain a degree of autonomy in managing their northern fields, the sources said.

The law still faces strong opposition from members of the Iraqi government and prominent Iraqi oil technocrats and ex-officials.

The head of the Iraqi oil trade union Hassan Jumaa described the law as " unbalanced and incoherent with the hopes of those who work in the oil industry."

In Amman, prominent former Iraqi oil officials called on the Iraqi government to postpone issuing the measure until the security situation improves.

They urged the Iraqi government not to sign production-sharing agreements, or PSAs, with foreign companies until security prevails in the country.

They have also voiced opposition to a number of articles in the controversial draft.

-By Hassan Hafidh; Dow Jones Newswires; + 962 777 612 111; [email protected]

The Iraqi cabinet failed to ratify a proposed hydrocarbon law during a session held Thursday, signaling a lack of agreement between the central government in Baghdad and the Kurdish authority in the north over who should sign oil contracts with international companies, Iraqi oil industry sources said Saturday.

("Iraqi Cabinet Delays Approval Of Hydrocarbon Law - Sources" at 8:09 a.m. EST, incorrectly reported that the sources spoke on Friday)

(صوت العراق) - 24-02-2007(Voice of Iraq) - 24-02-2007


Rehabilitation and development of the electricity network in Missan
العمارة - شبكة ميسان الاخبارية المستقلةArchitecture-independent news network Maysan
أكد مصدر مسوؤل في مديرية توليد الطاقة في الجنوب , أن نقص الطاقة الكهربائية التي تعاني منه المحافظ ة نتيجة افتقارها لمحطات توليد سوى محطة البازركا ن والتي أصبحت عرضة للعطلات المستمرة وعدم توفير ق طع الغيار ..A source at the Directorate of Msoel power in the south. the shortage of electric power, which is suffering from governor e result of the lack of electricity-generating station only Albazerka n, which are subject to ongoing holidays and the failure to provide s obey parts.
هذا و في ظل الحملة المتواصلة لتطوير وتأهيل الشبك ة الكهربائية في الجنوب وبالتحديد محافظة ميسان, فقد سعت جهود المسؤولين في قطاع الكهرباء في الجنو ب للحصول على موافقة الوزارة بإنشاء محطتي توليد غ ازية طاقة الواحدة منها 45-50 ميكاواط تنشأ بجانب محطة البازركان الحالية على أمل تحسين وزيادة مقد ار الطاقة الكهربائية التي تحصل عليها المحافظة ل تعويض النقص الحاصل في الطاقة .This, in light of the continuing campaign for the development and rehabilitation clamp e electricity in the South and specifically Maysan Governorate, officials have sought efforts in the electricity sector in Jano b for approval of the ministry to establish two power plants G. Energy dyes, including one 45-50 megawatts arise side Albazerkan current station in the hope of improving and increasing 5.4 TR electric power obtained by the preservation of compensate for the shortfall in energy.

إنشاء مصفى جديد للنفط الخام في ميسانThe establishment of a new refinery of crude oil in Missan

العمارة - شبكة ميسان الاخبارية المستقلةArchitecture-independent news network Maysan

وافقت وزارة النفط على إنشاء مصفى جديد للنفط الخا م في ميسان لتغطية حاجة المحافظة من المشتقات النف طية.The Ministry of Oil to establish a new oil refinery of% m in Missan governorate to cover the need of derivatives useless herewith.


وقال مصدر في لجنة الاعمار والتطوير بمجلس محافظة ميسان : "ان إنشاء هذا المصفى الذي يعمل بطاقة 40 ألف برميل يوميا جاء لمعالجة العجز الحاصل في توريد المتوجا ت النفطية التي تعاني منها المحافظة وضعف إنتاجية مصفى العمارة للمشتقات النفطية حيث تبلغ الطاقة ا لإنتاجية له بحدود30 ألف برميل يوميا.A source in the Commission's reconstruction and development Province Do : "The construction of this refinery capacity, which is 40 thousand barrels daily came to address the shortfall in the supply of Almtoja T. oil, which suffer from poor maintenance and productivity liquidator architecture of the oil products as the energy a productivity is about 30 thousand barrels per day.


وأوضح المصدر: " ان المباشرة ستتم حال انجاز المسوحات الميدانية والتصاميم اللازمة لهذا المصفى الذي سيتم إنشاؤه قرب حقول نفط البزركان لتامين تغذيته بالنفط الخا م وستتم عملية الشروع به حال انجاز الأعمال الفنية .The source explained : "The event will be the completion of the direct field surveys and the designs necessary for the refinery to be established Albozorkan near the oil fields to secure oil replenishment of% m and the process will be initiated by the state of completion of works of art .


يذكر ان محافظة ميسان من المحافظات المصدرة للنفط إلا أنها تعاني من شحة خانقة من المنتوجات النفطية .It is noteworthy that the governorate of Missan governorate of Petroleum Exporting but they suffer from scarcity of petroleum products from jams .

Iraq-Spain
Iraqi, Spanish FMs discuss bilateral ties, regional situation
Baghdad, Feb 24, (VOI) – Iraqi Foreign Minister Hoshyar Zibari discussed with his Spanish counterpart Miguel Moratinos bilateral relations and the regional situation within an official visit by Zibari to Spain.
"The two sides discussed means to benefit from the Spanish grant in the form of projects and soft loans," according to a statement by the Iraqi foreign ministry received by the independent news agency Voices of Iraq (VOI).
The statement quoted Moratinos as saying "Spain, since its withdrawal of Spanish troops from Iraq, was committed to furnish assistance to and rebuild the country."
Moratinos expressed hope "terrorist operations in Iraq would see an end soon," adding "there has to be political and economic initiatives to lay the foundations for a genuine national reconciliation."
Zibari had met in Madrid on Friday with King Juan Carlos of Spain and discussed the political and security situation in Iraq and the Iraqi government's upcoming plans and programs.
A statement by the Iraqi foreign ministry had read "Zibari took up with King Juan Carlos the law-imposing plan of the Iraqi government to eliminate all forms of violence and terrorism in Baghdad."
The Iraqi minister briefed the Spanish monarch on the regional situation and preparations for the Iraq's neighbors conference scheduled to take place in mid-March in Baghdad.
The statement quoted Zibari as saying that Spain has been an important trade partner of Iraq. "We hope relations with Spain would be restored to their earlier levels and even developed," Zibari said.
King Juan Carlos expressed content over meeting the Iraqi foreign minister "in this new era of Iraq, where the country is witnessing a democratic experience and a constitutionally-elected government," the statement noted.
He said Spain is committed, by virtue of the Madrid donors conference, to exert efforts for the reconstruction of Iraq.
AE