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

for those who wont venture into the rumor forum here is a tidbit i wanted some thought processes on:

1.8 trillion dinar appeared out of nowhere in a two week period right before the SBA signing. also in reviewing payment for the year 2005 Iraq paid DelaRue 220 million USD for the printing of the money, but in the latter part of 2005 there was an additional payment of 21 odd million to DelaRue as well. there was no itemization as to what specifically the payments were for. can i get bets on what was being printed additionally for 21M+??

http://www.rolclub.com/187408-post44.html

The President of the Republic, Jalal Talabani, the need to establish a spirit of tolerance and love and create harmony among all the components of the Iraqi people in order to strengthen national unity, and the success of the draft reconciliation in the country.
جاء .This came during a meeting between President Jalal Talabani, in his headquarters in Baghdad, on Sunday 4-15-2007 Member of the House of Representatives Matalk Abdul al-Jabouri and the delegation accompanying him.
و .And over the course of the meeting, which was attended by Chief of Staff of the Presidency of the Republic, the agency Kamran Kardage, discuss the conditions of the Iraqi prisoners, and attention to the health of their circumstances and providing the best ways to improve the services provided to them. .It was a review of the latest security and political developments.
و .And a member of the House of Representatives and the delegation accompanying him, thanked him and appreciation to President Jalal Talabani, valuing the role of His Excellency in defending the rights of Iraqis of different affiliations and shadows, and his tireless efforts to bridge the gap in viewpoints between the forces and the Iraqi political blocs.

Iraqi Presidency

http://www.uruklink.net/iqlaw/

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this is the only thing on the official gazette today.

Former oil minister calls on foreign companies to invest in fields

(صوت العراق) - 15-04-2007(Voice of Iraq) - 15-04-2007
ارسل هذا الموضوع لصديقThis issue was sent to a friend

لناصريةFormer oil minister calls on foreign companies to invest in the fields of Nasiriyah

:Nasiriyah News Network / Mortada Hamid :

العلومThe Union of businessmen of Dhi Qar, a symposium to discuss a draft law on oil, gas and the presence of the former Minister of Oil Dr. Ibrahim Bahr Al-Uloom

وعدد..And a number of officials and spe******ts in addition Algel oil University President Dhi Qar and a number of university professors, have opened the seminar, Mr. Ahmed Abdel Wahid President Businessmen Union speech in which the Russian role in the discussion of a lot of issues which aims to raise the general level of the country and especially Nasiriyah, and then were quick reading of the draft law by Mr. Iyad Ekeli, then gave Dr. Ibrahim Bahr science lecture addressed the importance of the ongoing political process in Iraq and that there are special efforts to be promoted by the cities in the south, because of its importance and stressed the supervisory role of the masses in the Accounting officials and stressed the importance of such a law, in addition to the draft that bear great positives, as well as the negative and explained the importance of economic reforms must be given the large role the private sector in the economic process it is a principle of economic reform .. قل .During the meeting with a network news Nasiriyah on the importance of this law in the economic reality of the city of Nasiriyah explained Sea Sciences (imagine that this symposia will create a positive environment for the understanding of the paragraphs of the law and also seek to create an atmosphere of the proposals will drive the economy in these governorates of Iraq oppressed and Nasiriyah Governorate possesses 5% of Iraq's proven reserves and also represented three major fields field Nasiriyah, Gharraf, Rafidain and also there are fewer than 12 of them in the area of exploration within the province, including a joint between them and the neighboring governorates to the kind of imagine that the first basic issue that can be achieved is to invite the South Oil Company to begin the process of developing the field of Nasiriyah and the escalation of intensifying its production plan She was there and agreed with the Director of Southern Petroleum in 2005 to pay intensifying production in the field of Nasiriyah as a first stage to escalate to 50 thousand barrels per day, I expect during the two possible that the oil from the south, including the number and qualifications of cadres oil oil and its cadres in Nasiriyah that contribute to creating a climate of the work program through which the lifting production in this field and also hope to be in this province Institute to develop cadres of oil like other governorates therefore call on the Ministry of Oil to consider seriously the establishment of the Institute of oil in Nasiriyah also so I believe that the escalation of production will contribute to the preservation of conservation to become in the federal oil and gas in a short period of time, the maintenance of producing and represented in the federal owns production ceiling of the equivalent of 100 thousand barrels per day and over and the possibility that it can get in Nasiriyah in the period of time if short-pressed citizens in the maintenance of the South Oil Company and the Ministry to begin development of this field and also there is a great potential future cooperation between the South Oil Company and other international companies and I am convinced that if this law was approved after amending some of the paragraphs was in the interest of the people Iraqi will leap in quality and will be able to absorb unemployment in Iraq, in particular would benefit from Dhi Qar) and the Sea of Sciences call for Arab and foreign companies (I have invited companies and met with many European and Japanese companies to contribute to the establishment of a large investment in refinery capacity Nasiriyah 300 thousand barrels per day and there positive response and spoke with more than European and Japanese companies from the need to utilize this opportunity and especially of this province, but all waiting for legislation to protect the legal sector investments).
وبعدها )And then met with the network on behalf of the President of the Federation Spokesman businessmen Dhi Qar Abdel consent to explain the importance of these seminars (the importance of these seminars derived from the importance of the draft law to be discussed is the importance of attendance records as of this morning is a spe******t and expert on oil and oil minister earlier this law take people and the effects of much of the controversy on the level of the press and at the grass-roots level here and we want to raise questions that took place in the mind to be clarified to the public and the importance of this law, which constitutes a true leap function of the level of present and the future of Iraq)
).The Engineer Alaa Hassan Chairman of the Energy Committee in the Dhi Qar News Network Nasiriyah on the importance of the law (the fact that the law contains many of the pros as in the rest of the other laws, in addition to the negative and weaknesses and the positive points that it is the fact that many policy under which the country that era is the comprehensive outlook of the economy and thus the oil boycott on all oil resources, which led to where we are now weak oil production as well as the weakness in manufacturing oil latter Act carries a high bush is a positive move and investment and strengthen the production and restructuring of the National Oil Company axis, which is the basis of this law since the re-establishment of the National Oil Company would make a substantial contribution in raising the oil production capacity of oil and therefore there will be a high economic and thus will Iraq with a high income and therefore will be in addition to the economy that Iraq contains a very large reserve contribution of the company oil in the use of this reserve force increase production and thereby increase the economy, at the oil company exploration and extraction of oil will OWNING a service to the citizen but there weaknesses in the law is the issue of the coalition of companies and similar companies are investing coalition and the fact there do not want to reject the investment issue, but Investment oil at the present time has a new burden on the Iraqi economy, where use of Iraqi cadres and capacities fact the largest companies to take advantage of the coalition that "Israel is the main profit at the expense of the Iraqi citizens and true that investment if the wave guide is true to the laws and impose high tax laws strong could be, but not at this stage but in the humor coming after our development and utilization).

Translated version of http://www.sotaliraq.com/

UNHCR Conference to Raise Awareness of Humanitarian Crisis in Iraq
By Lisa Schlein
Geneva
15 April 2007

Ali Qassim stands at the door of his makeshift home at Republican guard barracks that were destroyed in US bombing, in Baghdad, 22 Mar 2007
More than 450 participants from at least 60 nations are expected to attend an international conference this week on refugees and internally displaced people in Iraq and the surrounding region. The U.N. refugee agency, which is hosting the conference, aims to raise awareness about Iraq's alarming humanitarian crisis and enormous needs. Lisa Schlein reports for VOA from UNHCR headquarters in Geneva.

The U.N. refugee agency says this is not a pledging conference. Spokesman Ron Redmond calls the agency's $60 million appeal for humanitarian operations a drop in the ocean. He says it will take billions and billions of dollars to make Iraq whole again.

"You are talking four million people who are uprooted. Iraq's infrastructure in many places is in a shambles. The capacity of these host governments outside Iraq to care for these people in terms of schools, social services, the economy, skyrocketing rent-all of these things. We are talking enormous needs. And, of course, working inside Iraq is next to impossible because of the security situation as well. So that is a very dangerous, also a very expensive endeavor."

The UNHCR is not discouraging offers of money. Indeed it encourages greater generosity on the part of donors and suggests they set up bilateral assistance programs with countries such as Jordan and Syria as well as private aid agencies.



UNHCR spokesman Ron Redmond (File)
Redmond says the aim of the conference is to alert the international community to the dimension of the humanitarian crisis in Iraq and the region. It wants to get nations to do more to alleviate suffering and to share the burden with those countries that are bearing the brunt of the crisis.

He notes the world is aware of the military and political situation in Iraq. But, the immense and growing humanitarian needs are not as well known.

"Spiraling levels of sectarian, political and criminal violence, dwindling basic services, loss of livelihood, inflation and uncertainty about the future have all contributed to an exodus that is now estimated at 40 to 50,000 per month fleeing their homes inside Iraq," he said. "Since most of those who have fled have not gone to camps, the movement has not been so obvious. But, it is enormous nonetheless and those who have fled are becoming increasingly desperate as they and their host communities run out of resources."

Redmond says governments can do a lot to protect those forced to flee violence in Iraq. For example, he says some countries could provide resettlement places for the most vulnerable refugees. He says they can make sure refugees are not sent back to Iraq against their will. And, they can provide basic assistance to Iraqis who have no other means of support.

VOA News - UNHCR Conference to Raise Awareness of Humanitarian Crisis in Iraq

The key : the decisive answer : proceed with the application of Article 140

Aza Hasib Kardage

I stood and will stand united Iraqi steadfast against threats and Turkey proved that whatever happens will be the will of this brave people of the legitimacy of its institutions and unified Akşit and aware of the aggressive schemes and the risks lurking homeland and the future and sovereignty.
Reactions unified and coordinated in the ideas and even in the details announced by both the National Council and the Iraqi government and parliament Cordstan, government and the presidency of the province was crucial for all of Turkey denies interfering in the internal affairs of Iraq and play on Uttar differences and differences Iraqi Interior.
After this position must take practical steps to confirm the electronic and converted to a stop all attempts to open Turkish intervention Awalsrih assigned to the domestic parties to trigger ethnic strife in the city of Kirkuk and elsewhere.
The priorities of those practical steps is the immediate application of Article 140 of the Permanent Constitution and direct the city to normalize the situation on the basis of the Supreme Committee for the implementation of the above-mentioned article, which was ratified by the State of Iraqi Prime Minister Nouri Al-Maliki.
The attempt to re-ratifying decisions once again to the National Council "of ratification," but does not serve the objectives of the parties want Kirkuk city to any form of stability, security and peace, as it is in the context of keeping the issue of Kirkuk as a pending unresolved in perpetuity.
Article 140 is an article of the constitution have voted overwhelming majority of the Iraqi people yes, that is certified to sign 80% of the people, by the signing of the Arab and Alcorde, Assyrian and Chaldean and Turkmen, and Shiite and Christian and Alsenni Alaizidi and wisdom, no need to ratify another because there is no signature or ratification of the biggest and most decisive and most of the signing of the people of Iraq.
And the four resolutions of the Higher Committee for the implementation of Article 140 did not come from nothing, new resolutions on the emergency rule 140, but the interpretation of that article where the steps listed in the introduction and application of the rule normalize relations,
On the day that the cabinet decided to apply those decisions and preparing for the subsequent steps of the census and the referendum, the Turkish government will understand unequivocally that he did not keep it a pretext to interfere in Iraq's affairs, and will the Iraqi strong, bold and can not be ignored or blackmail.
Along with that step, in essence, the decisive answer.

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Originally Posted by stargate-sg13

So the ICI won't have an effect on the the Dinar value and HCL won't go in effect till they stop debating it and the ISX won't open to foreign investors for months and Saudi Arabia and Kuwait won't forgive debt and M2 just keeps getting bigger. There are too many reasons that the the value won't go up anytime soon. I so desperately want to be wrong.

Originally Posted by shotgunsusie

you are.

Sorry if I sound negative, I really don't want to be. But I am desperate and very depressed because of my situation. Stopping one business because of health reasons and a new business that failed and not being able to find a job that will pay enough that will allow me to keep my house and possessions. I only have enough to cover my expenses for a few months.

With my luck the Dinar will RV on the day I sell my house. Or the giant pool of water from a house that was torn down next door to me and up hill will over flow soon and wash my house away.

A social market economy and its development trends of the future

The differences between most of the countries which took the market economy remain among them, which can be seen easily (the differences are not little), which proves that the market economy and its economics literature does not exist in practice and could not be achieved. فاً .There are always a number of factors specific to each country : the historical, cultural, political, in addition to the theoretical context of the market economy itself. The social market economy as a sign of the effectiveness and performance of the economic system, but in the vernacular language and literature, the social market economy often the same, a vision of the system and any thought as political. .It is, therefore, appropriate to review the context or framework determined by him, the importance and value of all of these concepts.

الأسس النظرية :The theoretical underpinnings :
ان.The social market economy depends on the overlap and integration between the various spheres of life and parts of the year, as can be understood in the image of the unity and universality principles, which will be achieved only through a system of economic competition, and the consequent, integration and coordination between the various areas as a package. The social market economy, is trying to build through the middle ground between liberalism and so******m, which is characterized by the restructuring of the relationship between competition and solidarity, <between the market economy and social justice>, as may be defined as an idea for a political system that was designed to emphasize achieved by linking individual initiative and free social progress during the year functioning of a market economy, and on the basis of the economy and competition.
.Thus, the basic issues such as personal freedom, economic efficiency, social justice, and to ensure the physical infrastructure and natural for humans, a field rich or practice of this political economy. بحيث .So the competition is the bedrock of the social market economy, which, when the principles of constructive and regularly through economic policy. :The most basic principles of the social market economy :
- .Capacity-effective system prices for goods and services and capital markets.
- .- Monetary policy based on the stability of exchange.
- Dealings and ensure freedom of access to markets.
- .- Freedom owns the means of production.
- .- The principle of commitment and responsibility integrated owners of the means of production to sell their shares.
- Freedom of contract.
- ثبات.- Stability and the stability of economic policy. :From these founding principles, derived organizational principles, and rules that determine economic policy, and operates and can therefore compete to result automatically from the positive results of the market and the exclusion of those unwanted results on the political and social level, and here lies the importance of :
- .- Continuous surveillance of monopolies.
- .- Constructive policy of redistribution of income to correct its imbalances and automatically through the market.
- .- Economic accounting in accordance with the principle reasons.
تعبر .Reflect effective competition on the basis of performance or supporter of economic progress and social safety.
وهي.It is the subject of promotion and protection, and is tentatively regulator for the redistribution of income, but the state here, a claim showing function, in the adoption of a comprehensive social policy, so as to narrow the gap and reduce social inequality, gradually Those who can not participate in the competition for production and performance, and therefore do not have access to income from the market, they do not have to ensure their social, but their participation in the economic progress of society and the addition of all this, comes into the functions of the state, adopt a policy for players on the level of industry support, and infrastructure development of the economy and society.
* :* Social market economy :
ة مباشرة.A social market economy is not a new fad, but the concept is an old born in the Federal Republic of Germany in the period after the Second World War. : ‏The module aims to reconcile economic efficiency and social justice, and this is why it is based on three important bases :
.The first competition : a striking monopoly from any source, because of monopoly always leads to stagnation and hinder the possibility of using all the potential. ‏
الأساس :The second basis :
.Create some sort of equal opportunities among the various economic actors, and the reduction of the ability not only to monopoly, but also reduce the minorities control the reins of economic matters. ‏
:Third base :
.State intervention when market mechanisms are unable to perform their role.
إن .This template shown in the experiment that it is able to meet the requirements successfully undergoing a profound economic and social demands facing various. ».The concept of social market intervention can be summed up in the state to redirect some spending and investment to meet social needs, and these objectives are not heeded by market mechanisms when it leaves them free rein, and in this sense, the social market economy has many applications, it takes concrete form in Japan to admit substantial in content than applied in Germany Yugoslavia, and China called today in the so******t market economy, and called in many European countries, naming other <social economy of the market>. ‏ .Normally applications vary and the details of a social market economy, in Japan, the focus was on the commitment of the private companies stabilize workers and employees in life, and in Germany took another form of state intervention as patron orientation by private companies to adopt <joint management or joint responsibility>, and to ensure understanding employers with the unions on policy wages, and the tests proved that the formula <adequate competition> It also has vocational training of particular importance because it serves the interests and requirements of first class. ‏
إن : ‏The social market economy is characterized by two basic principles :
المبدأ الأول:First principle :
.The need to be based on a dynamic economy to the market, which guarantees greater degree of freedom in job performance, which would lead primarily to the liberalization of prices and wages. ‏ :The second principle :
أن : ‏The job performance of the market negotiator for the unit to govern the whole of social life, but it must have balance and offset at stake are two requirements of social advance the state as a guarantor Accordingly the state is defined in terms of social, as a social market based on a set of axioms :
.Muslim : a good first year of any State to convert a social act as a gatekeeper social protection and free negotiation with the other social partners. ‏
.Two Muslim employment participation in the life of the project and the institution, and the need for a dedicated legislation and do participate in the resolution and management. ‏
.Three Muslim : making cash management foundation exists to ensure stability. ‏
.Four Muslim : to reject any interference and economic guidance from the State in case of this directive and the disruption of distortion of competition and lack of respect for equal opportunities and equal conditions of competition for the projects. ‏
:A social market economy in accordance with this definition was reflected in the four basic models :
1ـ النموذج الياباني،One Japanese model,
2ـ لماني،Two German model,
3ـ السويد،Three and a model of Scandinavian countries, particularly Sweden,
4 ـ .4 Finally, the model Chinese-called so******t market economy.
.It turns out that the Arab governments and the duty to adopt orientations to help their development and also believes in a more equitable sharing of the fruit of growth and also the duty to formulate policy and the philosophy of economists say the state and markets in the case of integration, participation of the event, and recognize that if markets in the heart of the state economy also have a role to play. .Most advanced industrial countries, including the United States and Japan, had built its economy under the protection of prudent and selective for some branches even reached some level of force to compete with foreign confrontation. .In the framework of a social market economy, States must carry out this task as well. If the social market economy is the basis of a balanced vision of the role of the state recognize the limits and failures of the market, and the limits and failures of the state, but the tree partners must cooperate, but the nature of this cooperation vary by country depending on the level of development of each of them both political and economic because there is no single template for the market.



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Originally Posted by stargate-sg13

So the ICI won't have an effect on the the Dinar value and HCL won't go in effect till they stop debating it and the ISX won't open to foreign investors for months and Saudi Arabia and Kuwait won't forgive debt and M2 just keeps getting bigger. There are too many reasons that the the value won't go up anytime soon. I so desperately want to be wrong.

I know that many of my friends has heard this before, if so. I am sorry to bore you. While running convoys across Iraq in '04, many in my reserve unit were knowledgable about the financial world. We bought dinar on the roadway and from the iraqis on our base (which you can't do now) and felt at the time and NOW that the nvestment was a three year process with a clock that started in Oct. '03. We bouth dinar based on WHAT WE SAW IN IRAQ< Not the news, not the blog and not the rumor mill. Nothing has changed my opinion. This is still a three year investment from Oct. '03 and considering all of the numerious milestones that have been made and are in the process, I think we are in a good place for this investment to do what we want. We have to remember that the people that are in charge of this are not broke, not hungry, and not impatient. They know what is to take place and on what timeline. The only thing we can do is to wait and to understand the fundamental economic issues that we are seeing and attempt to understand them in terms of economic theory, practice and progress. All is well for us. So be patient and as one once said, those who own dinar wil make money, those who wait and hold, will be rich. IMHO. Thank You.

Economic: Iraq announces approval of the draft SME lending

The Iraqi Council of Ministers approved the draft SME lending for the citizens, as Iraqi banks will provide loans to ensure the Ministry of Finance.
This has identified the Iraqi Council of Ministers size of the loan is around 40 thousand dollars and an interest rate of 6% borne by the Ministry of Finance Iraqi 4% and 2%, the Iraqi citizen.


On the other hand, said the source in the Iraqi Council of Ministers that the Council had also agreed "to the draft implementation of the Najaf gas to generate electricity at a cost of up to $ 55 million and a 22 megawatts. He said he will be signing the contract with a company specialized for a station

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