Thread: Iraq/Dinar News until April 26, 2007 Midnight cst.

Kuwait has made no final decision on the write-off of Iraq's debts
(Voice of Iraq) - 25-04-2007


Kuwait City, Kuwait (CNN) -- Informed Iraqi sources said that Kuwait had not resolved its decision on the cancellation of Iraq's debt amounting to 15 billion dollars, the pace of Saudi Arabia, which has agreed to write off a large part of the debt neighbor unreached bloody violence.

The Iraqi prime minister, Nuri al-Maliki that he discussed the debt with the Emir of Kuwait, Sheikh Sabah Al-Sabah and his counterpart Sheikh Nasser Mohammad Al-Sabah, but the decision depends on the parliament.

The saying, "We hope not stand in the face of dropping Parliament this huge debt .. Our brothers in Kuwait were sympathetic, and God parliament will be generous. "

The Informed Iraqi sources, the adviser to the Secretary of State for Iraq, David Saterfilid, I know Maliki, during their meeting in Kuwait, the Kuwaiti government has not taken a final decision on debt forgiveness for his country, according to the Associated Press.

The Kuwaiti government has pledged earlier, to write off 80% of Iraq's debt, but it needs to leave Parliament, which opposes many of their law givers step grounds that Iraq is an oil.

Kuwait's Foreign Minister, Sheikh Mohammed Sabah Tuesday said that the decision to write off the debts of Iraq depends on the parliament said at the same time, that the Iraq problem is not debt, but the security situation.

The United States made efforts to convince many of the States, a faster, and write off Iraq's debt, accumulated since the Iran-Iraq war (1980 - 1988).

In an indication of the success of the American, Saudi Arabia decided to forgive 80% of Iraq's debt amounting to 15 billion dollars.

The Saudi Foreign Minister Prince Saud al-Faisal resolution, said Saudi officials that the final step will be announced at the Iraq international decreasing the Egyptian resort of Sharm el-Sheikh on the third and fourth of May next.

Translated version of http://sotaliraq.com/

Originally Posted by Adster

Know it's already been posted but have a look at the last paragraph. Never seen this before. Very strange to mention us speculators. Reminds me of the Chinese Yuan back in July 2005 when 2 days before it floated their government stated it would not be allowed to 'float', then 2 days later it did.....

Am not saying it will definitely revalue next week but the play of words/denials when it comes to currency changes from governments is not uncommon......

And it would also tie in just before the IC signing.


Voices of Iraq :-$ (economy)
كتب: dhrgham في يوم الأربعاء, 25 أبريل, 2007 - 02:22 PM BT
Books : dhrgham on Wednesday, April 25, 2007 2:22 PM-BT
انخفاض الطلب على شراء الدولار في مزاد البنك المركزي
The low demand for dollar purchase auction CBE
من ضرغام محمد علي
Dargham of Muhammad Ali
بغداد-( أصوات العراق)
Baghdad - (Voices of Iraq)
انخفض الطلب على شراء الدولار في مزاد البنك المركزي العراقي اليوم الاربعاء مسجلا حجم طلب بلغ 63 مليونا و975 الف دولار مقابل 83 مليونا و140 الف دولار يوم امس الثلاثاء.
Decreased demand for dollar auction Iraqi Central Bank today, Wednesday, recording the volume reached 63 million and 975 thousand dollars compared to 83 million and 140 thousand dollars yesterday Tuesday.
وذكرت النشرة اليومية التي يصدرها البنك المركزي ، وحصلت وكالة أنباء ( أصوات العراق) المستقلة اليوم على نسخة منها ، أنه توزعت طلبات الشراء بواقع 7 ملايين و735 الف دولار نقدا فيما كان المبلغ المتبقي 56 مليونا و240 الف دولار على شكل حوالات خارج القطر غطاها البنك بالكامل بسعر صرف بلغ 1270دينارا.
The daily bulletin issued by the central bank, obtained News Agency (Voices of Iraq) Independent today a copy of it, it spread procurement requests by seven million and 735 thousand dollars in cash while the remaining 56 million and 240 thousand dollars in the form of remittances outside the country covered by the bank fully exchange rate The 1270 dinars.
وأشارت إلى أن المصارف الـ12 تقدمت بعروض لبيع مليوني دولار وهو نفس عرض البيع ليوم امس اشتراها البنك بالكامل بسعر شراء مستقر قدره 1268 دينارا وهو نفس سعر الشراء ليوم امس.
She pointed out that the 12 banks had offered bids for the sale of $ 2 million which is the same offer to sell to the bank yesterday bought full purchase price stable ability 1268 dinars, the same purchase price for yesterday.
وقال السيد علي الياسري احد المتعاملين مع البنك لـ ( أصوات العراق) أن الطلب تراجع على الشقين النقدي والحوالات بسبب تادية معظم التعاملات يوم امس الثلاثاء لدى انخفاض سعر الصرف وان استقراره اليوم من المتوقع ان يستمر حتى منتصف الاسبوع المقبل على الاقل وهو ما يدعو المستثمرين والمضاربين الى التعامل بحرية اكبر.
He said Mr. Ali Yasiri, one dealing with the Bank told (Voices of Iraq) to demand the retreat on track and cash remittances due to perform most dealings day yesterday, Tuesday, the low exchange rate and stability today is expected to continue until the middle of next week at least, which invites investors and speculators to deal more freely.
__________________

This sounds like somebody knows something & their giving us the "WINK"

as a single guy, on more than one occasion, when a woman i met that night said to me "im not going to sleep with you tonight" usually she did.

iraq saying now their not gona revalue, and mentioning speculators in the same sentance is probably the same.

looks like cigar.... smells like teen spirit (thanks Susie and im sure our other legend Jamacian Bob Marley was known to go "too far" whatever that means, as well!)

all that stuff about the kurds not agreeing is highly likely at this stage of the game to be a smokescreen.

the kurds are risking their lives now in Bagdhad, fighting on behalf of Maliki.

that happened just recently, their baghdad tour. but was talked about for a long time b4 they actually physically went there.

you would think logically they have agreed re: oil law and article 140 with maliki/baghdad, or they wouldnt be sticking their necks out in a fire fight now would they?

lord knows, once the kurds surge thru Baghdad, those streets they patrol will soon be safe. lets hope they go "too far" like in RR's post. "not for the squeamish". simply fantastic. bring it on!!!

and what a nice bonding between kurds and arabs to build peace for years to come....

my problem is, i have trouble deciding betweem the fat cuban, and the Jamacian!!!

He said Mr. Ali Yasiri, one dealing with the Bank told (Voices of Iraq) to demand the retreat on track and cash remittances due to perform most dealings day yesterday, Tuesday, the low exchange rate and stability today is expected to continue until the middle of next week at least, which invites investors and speculators to deal more freely.

I HAVE NEVER HEARD ANYTHING LIKE THIS BEFORE!

KEY WORDS
DEMAND RETREAT ON TRACK?
LOW EXCHANGE RATE AND STABILITY WILL CONTINUE UNTIL NEXT WEEK?

THIS TO ME, SOUNDS LIKE ALL HELL WILL BREAK LOOSE NEXT WEEK!

OK, INVITES SPECULATORS AND INVESTOR TO DEAL MORE FREELY ='S CURRENCY WILL BE ON THE WORLD MARKET NEXT WEEK!

WOOOOOOOOOOOOOOOOT!!!!!!!!!!!!!!!!

I must say Goldraker....I really like your definition and the conclusion you came up with!

Gold Raker I sure hope you are correct! I have heard from some the negative side of this that the dinar will rv at 1:1000

1 usd to 1000 dinar.
I don't beleive that will happen. I am hanging on I weathered a lot of this type of speculation and LIKe Adsters and your opinion. You guys seem to know your stuff.
I won't give another WHoooooot though till I see it all come together.

"I won't give another WHoooooot though till I see it all come together."

Awwwww...come on BOB! Just a little one?

WoOT!

We will all just have to wait until after the 3rd!!! Of May, that is...and then June....and July.....and August.....

Talabani : Kirkuk issue will be resolved in accordance with the Constitution and do not require all
(Voice of Iraq) - 25-04-2007

ارسل هذا الموضوع لصديق

Send this topic to a friend

الطالبانى : قضية كركوك ستحل وفق الدستور ولا تحتاج كل هذا الضجيج

Talabani : Kirkuk issue will be resolved in accordance with the Constitution and does not need all this noise

من رحمن غريب

From Rahman Ghraib

Sulaymaniyah - (Voices of Iraq)

Iraqi President Jalal Talabani upon his arrival Sulaymaniyah today, Wednesday, said that the Kirkuk issue will be resolved in accordance with the Iraqi constitution does not require all this noise, as it is the Prime Minister of Turkey Recep Tayyip Erdogan is one of the best prime ministers who have dealt with the Kurdish issue.

Talabani said at a press conference after his arrival Sulaymaniyah International Airport today that "Kirkuk issue will be resolved in accordance with the constitution," pointing in this regard to the statement of Prime Minister Nuri al-Maliki days ago that must normalize the situation in the city and then organize a referendum.

Talabani added that "Kirkuk issue be resolved according to the Constitution and does not need all this noise."

He lives in the city of Kirkuk, the oil-rich mix of Arabs, Kurds, Turkomen and Alcldoachorien, is the cause of hot political topics raised on the Iraqi arena.

The Kurds that the city is part of Iraq's Kurdistan region, and they say that the people of Kurds were exposed to the deportations and forcible relocation by the previous Iraqi government.

Awaiting city of Kirkuk during this year's proceedings normalization of the situation through the implementation of Article 140 of the Constitution relates to the incoming Arab areas, and compensate Bmelg (20) million dinars, a plot of land with the transfer of their jobs and re Kurds who moved to the city and re-employed in the city.

With calls for Arabs and Turkomen in the city by giving a special status of the city of Kirkuk and make it wants microcosm not be attached to the territory.

In response to a question News Agency (Voices of Iraq) independent Matmerscherm Sheikh Talabani said "we expect the conference to provide assistance Aktassadih and supports the Iraqi government and the new system, and the condemnation of terrorism is clear."

A plan to impose law and said, ""the plan applied well in spite of the shortcomings of existing".

Talabani said : "I am against building barriers."

The process of building a wall around the (hung), inhabited by the Sunni majority, with the aim of isolating it from surrounding areas Shiite, has raised a wave of protests among the people of the area and a number of parties and political organizations, Iraqi religious.

And Turkey, raising the issue of Kirkuk, Talabani said, "do not want to create problems for Turkey," adding that "democratic Arugan man, one of the best prime ministers in Turkey for the Kurdish cause, but Anrgb create problems with Turkey."

Talabani, who heads the Patriotic Union of Kurdistan, arrived in Sulaymaniyah in the second airport this afternoon.

H M

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