Thread: Iraq/Dinar News up until April 10th 11pm ctz

Announcement No.(900)

D.G. of Foreign Exchange Control

The 900 daily currency auction was held in the Central Bank of Iraq day Tuesday 2007/4/ 10 so the results were as follows :

Details Notes
Number of banks 14 -----
Auction price selling dinar / US $ 1272 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 59.505.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 59.505.000 -----
Total offers for selling (US $) ----- -----




Looks like an auction to me. And definatly not what some people are telling us it would be. Try again another time,

well...cbi stated that they would hold rate till a certain time, (wed), they at no time mentioned that they would not have auctions. Lets not shoot messangers or rumour posters, accept it as info., I mean really, who do you trust more, the rumours, or the news that comes out of Iraq from the GOI.

Originally Posted by jedi17

well...cbi stated that they would hold rate till a certain time, (wed), they at no time mentioned that they would not have auctions. Lets not shoot messangers or rumour posters, accept it as info., I mean really, who do you trust more, the rumours, or the news that comes out of Iraq from the GOI.

Good Call Jedi17! Can still and will have Auctions! We just need to wait until rate changes! When? Anyones guess!

Iraq-Egypt
Iraqi PM to visit Egypt to meet President Mubarak
By Santa Michael
Baghdad, Apr 9, (VOI) – Iraqi Prime Minister Nouri al-Maliki will visit Cairo on April 20 to have talks with Egyptian President Hosni Mubarak, a well-informed source said on Monday.
“Iraqi premier will visit Cairo on April 20 in response to an official invitation from the Egyptian government and to meet President Mubarak and a number of Egyptian officials,” the source told the independent news agency voices of Iraq (VOI).

Maybe more debt reduction!

Originally Posted by Hardwood

I just tried to get on Uruklink.net and it's down..... Anyone been on there recently?

I was checking to see if any new laws were enacted.

Thank you.

I posted another site as well a week or two back, it lists all laws passed, i'll try and find it.

ÞæÇäíä

this is the site that lists laws too

Iraq is liberated from debts which Kbla by Saddam's regime dictatorship ... The wealth of the country belongs to the people after the liberation from Saddam's ruling junta .. Baghdad / follow-up justice ...

.When the statue of Saddam fell in downtown Baghdad, might have had condoned the individual's feeling a little ecstasy "Editors" in a free Iraq. قي.While the return of Iraq back to the "international community" seemed clear that Saddam will remain with Iraq for some time, at least in the form of debt worth 380 billion dollars and awards. .During the 88-Iraq war with Iran in 1980, Saddam Hussein has spent $ 111 billion on the military that includes $ 30 billion loan from the Gulf states, $ 17 billion loan from Kuwait. كانت.This debt is what led to the first Gulf War after Kuwait's claim for reimbursement of Iraq, in addition to the low oil prices, which led to increased tension, which finally led to Saddam's invasion of Kuwait. Identify degrees Iraqi debt is a matter of controversy, perhaps the best estimate is according to the Center for Strategic and International Studies The estimated amount is $ 383 billion, $ 127 billion debt, 199 billion dollars in compensation and $ 57 billion commitments contracts including four billion dollar debt to France, nine billion dollars to Russia for the purchase of Mig fighter aircraft and helicopter away from those two countries, the owners of large debt are the Gulf States, which condemns them $ 30 billion. البنك.Even if it is not taken these figures into account, the Iraq lies in the category of the World Bank's heavily indebted poor. علىالذي صدام.Despite the fact that Iraq's second largest oil exporter in the region, Iraq is currently capable of pumping 10 billion worth of oil annually, a rate of only 2% of the money borrowed by Saddam. .The Iraqi people, impoverished by the war, then the sanctions, then the war again was unable to pay 15.000 dollars, a sum which had condemned by everyone if people were forced to pay the debt for their leader, who brought them to build palaces and buy weapons. "، .There are steps taken to cancel the debt of Iraq, the movement managed to bring the idea of "debt cancellation" to public awareness and forced the eight industrial nations to take steps for debt cancellation, Jubilee Iraq, which was founded in London in March, to launch a campaign for total debt cancellation for Iraq, and claims that "if the liberation of the Iraqi people from Saddam's debt, the people will not be able to rebuild their lives. if it appears that Saddam is alive, he and his friends should be demanding live the rest of their lives in breaking rocks, and every dollar payment to creditors condemning ", in the words of spokesman on behalf of Jubilee Iraq Jesten Alexander, "but the Iraqi people do not have any commitment. and finally to have the opportunity for freedom and Iraq's possession of the property is "possible debt cancellation during a meeting in Paris, or through the mechanism of the international Monetari, retired General Jay Garner, appointed by the United States to manage the reconstruction efforts, he urged the German and French governments that tolerance of Iraq's debts. .The British government agreed to cancel the debt of some, but not all, of the amount of 1.6 billion dollars, Iraq's debt to the United States stands on the amount of five billion dollars and 3.4 billion in addition to the compensation value of the first Gulf War. اد.If debt cancellation must be for the United States to explain the reason behind the continued suffering of the Iraqis due to the heirs of Saddam, even after the war confirmed that it would liberate the country from persecution. .There is another incentive for the American government to alleviate the debt : if returned the flow of oil in Iraq again, and I started to American companies to work there again, the habits of oil will be made available to creditors if not debt cancellation, the German-French and Russian governments that opposed the war are more strongly opposed to the debt cancellation, there is a claim to say that if the cancellation of Iraq's debt, the creditors going to give serious consideration to any religion in the future. على .In spite of that, Iraq as a democratic, free of debt with the flow of oil revenues expected will be a more acceptable for lending to the State Msrgh b 383 billion of old debt, other criticism is that the debt cancellation would concept known to economists as "moral risk" in the creditor-debtor relationship. .This debate says that the government believes the process of debt cancellation will raise debt will be to have faith in the payment of the debt in the expectation that it will be abolished at the right time. ولكن صدام.But the cancellation of debts that brought dictator DEFROCKED does not specify a precedent in the process of canceling debts amassed in a democracy for the people, the $ 172 billion of reparations for the first Gulf War strengthen other questions on the matter to be inappropriate to punish the Iraqi people for acts of Saddam's regime. يوم 8.On April 8, the International Committee of the United Nations Compensation Commission to issue payments worth 860 million to 370 successful claims, including 738 million to Kuwait. .The funds came from the oil-for-food program. من.Should this mechanism eased the suffering in Iraq. قد تم .Have been payable after one day of the United Nations Declaration on the "acute shortage" in emergency humanitarian assistance, the debt crisis in Iraq has brought other big questions, Aldiktaturin supporting their rule through loans, that the international community was not on the legitimacy of regimes that lending money. اذا تم.If the cancellation of the debt of Iraq, this may usher in an era in international markets where the companies and governments will not be able to rule only through the profit motive, but it must take into account the legitimacy of Governments, which impeded. About all of the dangers and risks and creditors resort to international law to gain money, perhaps the seizure Iraqi oil say about all that Iraq fought a tough, difficult negotiations with the Paris Club creditor nations and the Iraqi delegation headed by Dr. Adel Abdel Mahdi, who was head of the then Ministry of Finance a series of meetings with the Paris Club crowned then 80% of Iraq's debt and detect Vice President Dr. Adel Abdel Mahdi Iraq sent a delegation to a special group of creditor nations to cancel Iraq's debts incurred by the rest of the creditor nations, said Abdel-Mahdi also said that an Iraqi delegation headed by former Finance Minister Ali Abdel Amir Allawi, who conducted bilateral contacts with creditor nations to extinguish century% of the remaining debt on Iraq. He pointed out that Abdel Mahdi, a mechanism proposed to cooperate with the remainder of the debt after the cancellation of 80% of Iraq's debts under the decisions of the Paris Club of creditor countries, said Abdel-Mahdi went to the rest of the creditors and we told them we want the cancellation of debt by 100% or rescheduling the rest of the Iraqi debt, and after that happened to the cancellation of Iraq by 80% of the debt implications and the three stages through the Paris Club of creditor countries to drop the remaining States have got the better of Iraq to global assessment of the debt and has acquired much by the confirmation of the Arab Summit to write off their loans to Iraq after Iraq launched Age economic legislation task. The enactment of the Investment Law, which is a quantum leap in the history of Iraq has confirmed Barham Salih Deputy Prime Minister for Economic Affairs, the importance of the investment law to transform the Iraqi economy to a free economy and encourage investors and companies and foreign capital to invest in Iraq. It has also been agreed that the enactment of the oil and gas wealth to be the first once the property of the people in this regard, he said Papan, Minister of Planning said that the endorsement of the investment law, an important accomplishment in the history of building development process in Iraq and added that the law indicator of the arrival of foreign investments to Iraq, a reflection of the enthusiasm and interest of the donor countries, pointing out that it provides broad guarantees to foreign investors and the capital invested in Iraq. He added : I believe that the adoption of this law is a major achievement will be an important contribution to the building of the development in Iraq, and we expect the arrival of foreign investments to Iraq, and we expect that this step will be important to strengthen the initiative of the International Decade especially as it comes in the context of frameworks and guidelines contained in this decade, and would have added the reflection the enthusiasm and interest of the donor countries, especially as it provides broad guarantees to foreign investors and the capital invested in Iraq, and stressed that the oil and gas sector had some privacy, and the main features of the oil and gas does not differ much from the orientations investment law, there are also encouraging for the arrival of foreign investments to this sector, except perhaps only the production sector direct, except that will be available for foreign investment in the field of distribution and refining and other activities related to the oil sector. .So I think we will see soon Enactment of the oil and gas.

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Iraqi Trade Minister Dr Abd-al-Falah Hasan al-Sudani has stressed that the most important achievement at the economic level of the Riyadh summit, which was held in Saudi Arabia last month, was to convene meetings for the cancellation of Iraqi debts to a number of Arab countries.

Noozz.com | IRAQ

Books : nakr2004 on Tuesday, April 10, 2007 9:38 AM-

maliki : we have to achieve cooperation and partnership with Japan in many areas
Baghdad - (Voices of Iraq)
Prime Minister Nuri al-Maliki in Tokyo today, Tuesday, we have to achieve a degree of cooperation and partnership with Japan in all areas, pointing out that the desire and willingness of the Japanese government to provide assistance to the Iraqi people.
He added Maliki, in a press conference held in the Japanese capital of Tokyo today quoted Canal (Iraqi) official "Iraq has achieved many accomplishments during the last period, the first time that the budget of Iraq to monitor (13) billion dollars for the services."
He explained, "and Iraq also witnessed a development in the field of freedoms .. Since we now have a more than (23) satellite channel, many newspapers. "
As for the survival of the multinational forces in Iraq, said al-Maliki "that the emergence of the multinational forces from Iraq inevitable with no room to discuss that, but it depends on the development of Iraqi security capabilities." He pointed out that the Iraqi government has sought to develop services and security capabilities to assume security file.
On the subject of Iraqi refugees, Al-Maliki said that the Iraqi government would not abandon the refugees abroad, understand immigrants because of security conditions and not to be refugees for political reasons.
He concluded by saying "we have found understanding and a genuine desire by the Japanese to enter the Iraqi market and that the areas of electricity and oil are the most important in the agreements that we have succeeded in meeting with the Japanese to improve these sectors."
Al-Maliki arrived in the Japanese capital of Tokyo two days ago at the start of an Asian tour that also includes South Korea.
Al-Maliki was expressed during a meeting with the Prime Minister of Japan Shenzhou Abe yesterday evening about Iraq's willingness to continue the friendship between Iraq and Japan and evolve and be long-term in all fields particularly in the economic sphere.
Al-Maliki and that Iraq was keen to launch economic process because they contribute to the improvement of the security situation and expressed his hope the presence of Japan in the area of Iraq's oil, industrial and electricity, the minister said, stressing that Japan may be the first to contribute to the process of building and the reconstruction of Iraq, valuing the role of Japan for its continuing support in Iraq, and said that " the possibilities that are available in Iraq can establish strategic relations between the two countries. "
A statement from the Iraqi Council of Ministers that the Japanese Prime Minister reiterated his government's support for the government of Maliki and support of the democratic process and the ongoing security in the country, he said : "During this visit will develop the relationship between the two countries" stressed the need for stability in Iraq because it represents the stability of the world and the Middle East, He pointed to Japan's commitment to provide encouragement and support to the government and people of Iraq through the provision of loans and grants by the Japanese in addition to the renewal of the forces of air transport for a period of two years.
At a meeting of the owners with the Minister of Economy, Industry and Trade Japanese AMARE at his residence in the Japanese capital of Tokyo yesterday confirmed Maliki that the Iraqi market is open to Japanese investment companies a way that serves the Iraqi citizens and raise the level of living, saying that "Iraq is rich from its riches are determined to move forward on the reform Economic and building and construction. "
He added in a statement to the Council of Ministers received news agency (Voices of Iraq) independent copy, "There are safe areas in Iraq that could provide the appropriate conditions for investment and receiving foreign companies for the advancement of services and relaunch the reconstruction of Iraq in the country."
The statement reported that the Japanese minister expressed the hope continuously achievements security as it gives more opportunities to attend international companies in general and Japan in particular for the reconstruction and rebuilding Iraq.
Al-Maliki and holding further meetings with the Ministers of Defense and Foreign Japanese and exchanged views and ways to develop relations between the two countries at all levels.
The statement said : "An agreement was signed to the exchange of documents between the Ambassadors of Iraq in Tokyo, Japan in Baghdad Bakhos launch Japanese loan granted to Iraq."

Version traduite de la page http://www.aswataliraq.info/?newlang=ara

Originally Posted by pipshurricane

Iraqi Trade Minister Dr Abd-al-Falah Hasan al-Sudani has stressed that the most important achievement at the economic level of the Riyadh summit, which was held in Saudi Arabia last month, was to convene meetings for the cancellation of Iraqi debts to a number of Arab countries.

Noozz.com | IRAQ

Were we not under the impression that most if not all of Iraq's debt had been cancelled? There were countless articles published over the last several months indicating this-and it had been discussed here as well.
I believe the last article I saw stated that 80% of the debt had been cancelled, but we have also seen other numbers. Takers?