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

Originally Posted by Adster

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

Top of economy page.

lol .......... yes i know you have provide this 2 times now and twice i was unable to find it. I am pretty tired still so i am sure its me, thanks for posting it. I wish i could claim but we all know better


ohh wait i will try the top of the econ page :)

Originally Posted by H2O_Lover

lol .......... yes i know you have provide this 2 times now and twice i was unable to find it. I am pretty tired still so i am sure its me, thanks for posting it. I wish i could claim but we all know better


ohh wait i will try the top of the econ page :)

top of page
17 نيسان 2007

Is there verification that the Oil Summit is actually happening? I know we've heard that the "hotels are filled with oil people", but is it REALLY going to take place? (insert smiley pulling out it's own hair here...)

We just seem so terribly close, I'm getting all squirel-ly again! Finding it hard to stay grounded...Ta-Dah!

Originally Posted by tiffany

Is there verification that the Oil Summit is actually happening? I know we've heard that the "hotels are filled with oil people", but is it REALLY going to take place? (insert smiley pulling out it's own hair here...)

We just seem so terribly close, I'm getting all squirel-ly again! Finding it hard to stay grounded...Ta-Dah!

Chevron significant backer in Iraq energy Summit

MENAFN - 17/04/2007


(MENAFN) A spokesperson for Chevron said that the company will be a significant sponsor in the approaching Iraq Oil, Gas, Petrochemical & Electricity Summit, which will start on May 28 and end on May 30,Iraq Directory reported.

The summit will bring together top government decision makers in the energy sector and global operators seeking industry opportunities. The summit will host representatives from the Iraqi Ministries of Oil, Industry & Minerals and Electricity, as well as the Iraq Energy Council, Investment Promotion Agency and the Kurdistan Regional Government (KRG) Ministries for Natural Resources, Industry and Electricity.

It will also consist of state companies working for the Iraqi Ministry of Oil and senior officials from the Iraq Reconstruction Management Office (IRMO).

Middle East Features
Al-Maliki's position shaky as Baghdad leadership splits

By Anne-Beatrice Clasmann Apr 17, 2007, 14:32 GMT


Cairo - Iraqi Prime Minister Nuri al-Maliki has his back against the wall. Last month, 15 members of the Fadhila party left the Shiite Alliance - al-Maliki's most important power base. Later, all six ministers of the movement led by the radical cleric Moqtada al-Sadr left the government.

Now al-Maliki has been forced to dismiss Defence Minister Abdul Kader al-Obeidi - a Sunni. Otherwise, the Iraqi Accord Front, which with 44 seats is the strongest party in parliament, threatened to withdraw its seven ministers as well as Deputy Prime Minister Salam al-Zubai. This would have meant the final break-up of the government.

'Al-Maliki will remain in office for another few months at most,' politicians were speculating at the Arab Summit in Riyadh in late March, where Iraq was represented by two Kurdish politicians - President Jalal Talabani and Foreign Minister Hoshyar Zebari.

In fact, the Shiite prime minister is increasingly struggling to juggle US strategy, the power interests of rival Shiite parties, the influence of Iran, the Kurdish strive for independence and the constant criticism from dissatisfied Sunnis.

Officially, the Sadr movement has justified its resignation from the government with al-Maliki's refusal to provide a timetable for the withdrawal of foreign troops from Iraq. But there is another reason why the Sadr followers are distancing themselves from the prime minister. In February and after hesitating for a long time, al- Maliki finally succumbed to pressure from Washington.

Since then, US troops and the British military can more or less do as they wish in raids and attacks on the Sadr movement's militia. The US and Iraqi Sunnis have accused the Mahdi Army of murdering thousands of Sunnis solely on the basis of their religious beliefs.

At the same time, a new front is opening in Basra. In the southern Iraqi oil city, a serious power struggle has broken out between the various Shiite parties, in which the alliances are not entirely clear.

The only thing that is certain is that the Fadhila party, which supplies the governor of the city and is steering an independent course in Baghdad as well as Basra, is coming increasingly under pressure.

Al-Maliki was selected as prime minister after the parliamentary elections in December 2005 because he seemed to be a centrist. Unlike other members of the Shiite majority, he does not have a particularly close relationship with Tehran. His Dawa party also has fewer armed men than the Sadr movement or the third largest Shiite party, the Supreme Council for Islamic Revolution in Iraq (SCIRI).

Yet, by now hardly anyone believes that the present government will last much longer.

On the one hand, because more than 500 civilians have been murdered or blown up in Baghdad over the past two months despite the new security plan. On the other hand, because the US Democrats are exerting pressure on President George W Bush over the Iraq dilemma, which might finally mean that al-Maliki will have to leave.

Al-Maliki's position shaky as Baghdad leadership splits - Middle East

The Oil Summit has already been set back once and was meant to go ahead at the end of April. With Chevron sponsoring it IF they cancelled it again it would cost them hundreds of thousands of $$$'s which would not go down well with Chevron...... As long as the IC goes ahead then we can assume the HCL would have been passed and therefore no reason for the Oil Summit being postponed.

Time will tell.

Thanks!

Is this not saying we only need approval by the cabinet, which has already been done, on the oil law for the ICI!!
Iraq's leaders have already developed an impressive track record on economic reform under the Compact framework, including Cabinet approval of a hydrocarbons law, fuel import liberalization, and passage of a prudent, transparent and fully financed 2007 budget.
The Compact is an initiative launched by the UN and Iraq to help Iraq realize its vision of a stable and prosperous nation underpinned by a self-sustaining economy. The Compact embodies commitments by Iraq on a plan to achieve economic self-sufficiency in return for international support. Iraq presented the final Compact documents to the international community at the UN on March 16, 2007. Deputy Secretary Kimmitt serves as the President's Special Envoy for the International Compact with Iraq.

Originally Posted by mountaingirl

Is this not saying we only need approval by the cabinet, which has already been done, on the oil law for the ICI!!
Iraq's leaders have already developed an impressive track record on economic reform under the Compact framework, including Cabinet approval of a hydrocarbons law, fuel import liberalization, and passage of a prudent, transparent and fully financed 2007 budget.
The Compact is an initiative launched by the UN and Iraq to help Iraq realize its vision of a stable and prosperous nation underpinned by a self-sustaining economy. The Compact embodies commitments by Iraq on a plan to achieve economic self-sufficiency in return for international support. Iraq presented the final Compact documents to the international community at the UN on March 16, 2007. Deputy Secretary Kimmitt serves as the President's Special Envoy for the International Compact with Iraq.

Appears done and completed, doesn't it? Perhaps this is what is to be signed on May 3rd.