Thread: Iraq/Dinar News to April 19, 2007 10PM CST

$115 million shares on the Bourse in 2006
13 April 2007 (Iraq Directory)
An Iraqi official in Amman said yesterday that the Iraq market for securities held 93 sessions during which 58 billion shares were circulated at a value of 146 billion Iraqi dinar (115 million dollars) in 2006.
Chairman of the Board of Governors of the Iraqi market for securities, Talib Al-Tabatabae, said on the sidelines of a conference on banking work in Iraq held in Amman that the market, which includes 100 company, had carried out 93 circulation sessions last year by two meetings a week; he also announced that the Iraqi Stock Exchange will shift, after four months, from the paper circulation to the electronic one, saying that not all companies will be included at once because it is a new practice and deserves caution for fear of falling into error.
According to Al-Tabatabae, the Iraqi market for securities was established after the war on Iraq in 2003 but the deteriorating security situation affected the market situation and the circulation activity. The conference which was concluded last Thursday in Amman, and was organized by the Iraqi government in collaboration with the American Agency for International Development, discussed the banking work in Iraq and the challenges of the twenty-first century. The Conference was also attended by Iraqis and American government, as well as banks’ officials in Iraq and a number of representatives of Arab countries, the IMF and the World Bank

Lower demand for dollar as exchange rate stable in daily auction
By Dergham Mohammed Ali
Baghdad, 13 April 2007 (Voices of Iraq)
Demand for the dollar was down in the Iraqi Central Bank’s daily auction on Thursday, reaching $64.310 million compared with $73.395 million on Wednesday.
In its daily statement the bank said it had covered all bids, which included $13.110 million in cash and $51.200 million in foreign transfers, at an exchange rate of 1,272 dinars per dollar, unchanged from last week.
None of the 17 banks that participated in Wednesday's auction offered to sell dollars.
The Iraqi Central Bank runs a daily auction from Sunday to Thursday.

The Iraqi Prime Minister Nuri al-Maliki of South Korean companies today, Thursday, to participate in the country's reconstruction projects.
وياThe news agency quoted the Ionhab Maliki said during a meeting with South Korean business leaders, that Iraq will in all sectors, including oil, The energy of the South Korean companies, and that his country needed to test South Korea for the post-war technology المتقدمة.Advanced.
.It should be noted that al-Maliki arrived in Seoul yesterday in an official visit to South Korea will last three days.
بدوره -1953).In turn, the Chairman of the Chamber of Commerce and Industry Korean Sun Kyung-shik that South Korean companies will be able to participate in projects for the reconstruction of Iraq, and South Korea fought experience reconstruction after the Korean War (1950-1953).
وكان.The Maliki yesterday met his South Korean counterpart Han Duc Sue and exchanged views on ways to accelerate the entry of Korean companies to the Iraqi market for reconstruction.
.He is due to meet Iraqi Prime Minister, President Roh Moo-hyun later today.
Translated version of http://www.alsharqiya.com/display.asp?fname=aboutus%5C2006%5C008.txt&storyti

Reduction of 80% of Iraq's debt



.Baghdad-East : The Iraqi Ministry of Finance to follow in order to reduce Iraq's debt implications as those efforts resulted in a reduction rate of 80%.
.An official source in the ministry said that work was continuing to reduce debt as it is hoped to reduce some of its debt to 100% while the number of countries that have reduced their debt currently / 54 / State.
وأكد.The source confirmed that the follow-up efforts of the ministry would continue to cancel the final for the advancement of economic reality of the country, so as to ensure a decent life for all its citizens.
.The source pointed out that the ministry continue to follow up on the dues Iraq for the loans granted to some countries where the Iraqi Fund for the Development of Foreign debts up the Iraqi state and the benefits of it and according to time periods

Translated version of http://www.alsharqiya.com/display.asp?fname=aboutus%5C2006%5C008.txt&storyti

Don't know if this was posted a few days ago or not but these guys are getting worse.
IRIN Middle East | Middle East | Iraq | IRAQ: Mentally handicapped children used in attacks | Children Conflict | Feature

Good Morning,

What's all the shaking, dancing and wooting about? I missed something...can someone give me a post# or something?Looked through this thread but couldn't find nothing to woot about, and I need to. Please?

Originally Posted by Jola

Good Morning,

What's all the shaking, dancing and wooting about? I missed something...can someone give me a post# or something?Looked through this thread but couldn't find nothing to woot about, and I need to. Please?

Start at post 214 page 22.

Originally Posted by Jola

Good Morning,

What's all the shaking, dancing and wooting about? I missed something...can someone give me a post# or something?Looked through this thread but couldn't find nothing to woot about, and I need to. Please?

same here

Originally Posted by inquisitive1

I think southpaw is dancing to the left of home base. . !!!!!!

Originally Posted by inquisitive1

Read backwards...this is news.."fact"

Originally Posted by Seaview

Start at post 214 page 22.

Thank you, SeaView...

But...NEWS??...FACT?
Oh, I see..it is a fact that we'll get a new rate...and it may be the shake out rate...

But then, our Thursdays thread started for the same reason: we were supposed to get a new rate!

rvalreadydang, time to start a Mondays thread!!

Abul-Gheit, Maliki to discuss means to lessen Iraq''s sufferings
Politics 4/13/2007 3:13:00 PM



Abul-Gheit, Maliki to discuss means to lessen Iraq's sufferings CAIRO, April 13 (KUNA) -- Egyptian Foreign Minister Ahmad Abul-Gheit asserted Friday that Iraqi Prime Minister Nouri Al-Maliki's visit here on April 20 would focus on means to help lessen the suffering of the Iraqi people.
Abul-Gheit told the press that Egypt was awaiting the visit in order to find means by which Cairo could help the Iraqi government and people to overcome the tough situation facing their country.
"The important point is to support the Iraqi government," said the Egyptian official.
Whether the upcoming Arab and international quartet meeting for the Israeli-Palestinian peace process to be held in Sharm Al-Sheikh would coincide with Iraq's neighboring countries conference, Abul-Gheit revealed that it was unlikely to occur, but stated that sideline meetings regarding the Iraqi issue could be held during that time.
Regarding Egyptian-US efforts to revive the Mideast peace efforts, he pointed out that David M. Satterfield, Senior Advisor on Iraq for Secretary of State Condoleezza Rice, would visit the country next Thursday to discuss such issues.
On the Egyptian-Turkish race to host the conference on Iraq, the Egyptian minister revealed that there was no such race, affirming that coordination with Turkey on this matter was superb. (end) nwr.bna.gta KUNA 131513 Apr