Thread: Iraq/Dinar News until 5PM CST May 10,2007

Stock Iraqi begin work soon circulation electronic
Baghdad-file Press

Iraq starts market for securities work shortly after the circulation of electronic access devices and electronic systems and equipment for this project and processed by the company Swedish OMX specialized international and implemented projects for automation (30) Stock Exchange and international, especially processed and that the regulations of the Stock Exchange is the most modern in Iraq Middle East.

And so the Iraqi Stock Exchange deposited circulation count, which limits the transactions quick and immediate application and transparency in circulation, and represents a quantum leap in performance and market activity each alleviation and to increase the number of deliberative sessions to ten weekly sessions morning and evening instead of the two currently.

And Iraqi bourse had applied an intensive training program for cadres and their cadre of engineering, technical, as well as intermediaries in order to qualify for dealing with the circulation operations and electronic central depository, as has been done with the internal linkage offices intermediaries and witness this week the memorial services after the Hall prepared especially for this purpose.

And looking forward, investors and shareholders of listed companies on the market to the announcement of the Securities Commission to allow the Iraqi-Iraqi circulation in the bourse from the beginning of next June, according to guide the Council of Ministers in this regard, which underlines the increasing expectations of the bourse's activity and expansion work.


I LOVE IT!!

Not sure what date this is as it is not posted in article.

Politicians and Citizens : Sharm el-Sheikh achieved substantial results to assist stability in Iraq

بغداد-الصباح

Baghdad-Sabah.



The head of the Iraqi Accord Front Adnan Al-Dulaimi final statement of the Sharm el-Sheikh good step, which is in the interest of the country.

وقال في

He said in press statements reported by the agency Nina News yesterday that the matter would not be about the results of the conference, but the application of these results and the extent of the government's commitment to the world and these decisions.
He asked : "Are the decisions of the conference would move the political process and national reconciliation which is the basis of any political progress?. Al-Dulaimi pointed out that any national reconciliation unless it springs from the heart of the Iraqi people and government-sponsored wholeheartedly there will be no political solution. For his part, Secretary General of the Organization advocates in Iraq Mazen Makeya that the success of any conference on Iraq coupled including mention of the gains for all parties and sponsored by their interests and readiness prior to abandon playing cards and the rejection of the case rigidity and the participation of all in creating a flexible space allows Ptharakam to stabilize the country.
And that some of the many that the conference was an opportunity for the convergence and exchange of views and break the restrictions spacing was not, in fact, only an explicit lines of intersection, controversy and an opportunity to exchange accusations on the responsibility for what is happening in Iraq.
He also welcomed the leadership in Kurdistan Alliance Mahmoud Othman issuance of a document of the International Conference on the Sharm el-Sheikh and counting document is very important.
Osman said in media interviews that the government promised the international community to achieve the commitments made in the document, which calls on them to speed up the required actions, only to lose relevance of this document.

On his part, MP Abbas Al-Bayati of the United Iraqi Alliance list that the decisions of the Sharm el-Sheikh big step in the political and economic extract a confession is the stability of the political process and support government projects in the fight against terrorism, disbanding the militias and reconstruction.

MP Hamid Majid Moussa on the Iraqi List, said that the decisions reached by the Conference requires perseverance and considerable work and effort to apply on the ground pointing to the positive results it could reflect well on all levels in the country.

For his part, Harith al-Ubaydi member Accord Front that all waiting and waiting to be taken by the parties that participated in the Conference positive practical steps to prepare this conference successful. This described a number of citizens Albgdadiin yesterday, Saturday, the outcome of the Sharm el-Sheikh positive, which might help to stabilize the situation, as described Others, like its predecessors as conferences and came late, and the third group linked to how serious the parties involved to adhere to these results.

Jamal al-Samarra'i said that the provision on the real outcome of the Conference would be clearer and more accurate after giving concerned who participated in the conference, which committed to those which committed it, a reasonable time to implement what was decided, then we can say that the conference was good and successful."
He added : "But in general, and through declared, we can say that the conference could be a step towards resolving the situation in Iraq, if all the parties were sincere in its commitments and implemented what it promised."
He says Haider Institini is no doubt that such an international conference may achieve something on the security front, and I personally have to count on a lengthy meetings and individually or collectively to the neighboring countries of Iraq with the American delegation, to believe that the security problem related to the neighboring countries of Iraq to some of the armed groups causing lawlessness.
"He says the Sudanese : all Iraqis want quick and successful solutions to the crises plaguing the country, especially security, which had not been solved so far because of regional interventions, due to the insistence of armed groups to achieve its goals in Iraq. "

Sudanese adds that "the results of the international conference in Sharm el-Sheikh all point to the support of Iraq, government and people, and this means that the positive results of the conference will affect the situation in Iraq as positive if this support."

It is believed that Hussein Ibrahim Mas'udi outcome of the Sharm el-Sheikh are all standards successful and useful and could help stabilize the situation and Albgdadiin they looked fondly of the letters read during the conference by all parties, all of which confirm goodwill in support of Iraq. "

He adds that he is optimistic the future of Iraq at all levels, political, economic, security and service "as long as there is support internationally and regionally for the country and that support must be implemented on the ground, because the threat situation in Iraq could cover all the region, This could extend to include neighboring countries of Iraq unless these states support.

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

Mottaki : ready for talks with America on Iraq is laying the foundations I.

GMT 16:18:50 2007 الأحد 6 مايو

16:18:50 GMT 2007 Sunday, May 6

رويترز

Reuters

Dubai (Reuters) - Foreign Minister said on Sunday that Iran is ready to meet with his American and cooperation with Iraq and to promote stability there, the preparation for these talks carefully.

It seemed that the statements of Iranian Foreign Minister Manouchehr Mottaki indicated that Iran is willing to hold diplomatic contacts with the United States in preparation for talks with Secretary of State Condoleezza Rice.

Mottaki, and the exchange of courtesies Rice during a lunch on the sidelines of a conference held in the Egyptian resort of Sharm el-Sheikh on efforts to establish stability in Iraq.

.

But the two ministers did not make the task any discussions.

Mottaki said the Arab news channel in Arabic statements Dbljt "We do not want to negotiate for negotiation. The talks between the Foreign Ministers of the required numbers. "

He added, "any meeting between the Ministers of Foreign Affairs is not in form ... Work should be based on the opinions of experts and study all aspects and there is a clear program. "

The media portrayed the American Conference of Iraq as a chance to hold the first high-level talks between the two countries in three decades. American officials said that he had been planning for something.

Mottaki said that the preparation of the meeting carefully open channels of cooperation on establishing stability in Iraq, which was upheld by Washington.

He accused American officials of Tehran fueling violence in Iraq, but Iran denies the charge.

Mottaki added, "If these preparations on the issue of Iraq, we will be able to cooperate with the Iraqi government and all parties who wish to assist in solving the problems of Iraq."

He continued, "the United States needs to show its intention to have a clear vision on the situation in Iraq .. We look at this issue as important (event), not a formality. "

Will any talks between Rice and Mottaki of the highest meetings between Washington and Tehran since the Islamic revolution in 1979 that transformed Iran from a close ally into a formidable enemy of the United States.

The American official that Mottaki left the dinner suddenly on Thursday where he was scheduled to sit in front of Rice complaining that the stance adopted Vstana cross singer was flagrant.

And across American officials believed that Mottaki left the banquet because he did not want to sit in front of Rice and arranged Seating raised concern the Iranian delegation.

Egyptian officials did not respond or Iranians immediately to questions about the dinner or about the reason for the departure Mottaki

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

Originally Posted by PAn8tv

Iraqi Deputy : conditions of the World Bank unloaded budget 2007
(Voice of Iraq) - 06-05-2007 | Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Iraqi Deputy : conditions of the World Bank has emptied the budget of 2007 slogans
Baghdad-file Press

The member of the House of Representatives, Dr. Albldaoui ones that the State's obligation to the International Monetary Fund conditions led to the abandonment of the bright slogans prepared on the basis of the federal budget, where the removal of subsidies on oil derivatives, were also reduced support for the food basket of ration cards in the framework of an overall strategy for the phased withdrawal of support policy, which was described as having a negative impact on the overall economy.
And if the 2006 budget had witnessed the beginning steps to raise public support for oil derivatives, and the ration card, these trends have continued in the 2007 budget, since support was lifted once the oil derivatives in light of repeated crises stifling and the level distribution and abundance in all governorates the country, as well as the lack of an appropriate and clear signs of investment in the oil sector help to alleviate the crisis, and this means a big increase in the prices of derivatives decreasing Iraq during the months of this year if not accompanied by the decision to lift support bold and intense negotiations with the International Monetary Fund so that we can assess the Least the postponement of the lifting of fuel prices, because that will reflect directly on the poor and disadvantaged are not able to deal with the black market, leading to a severe crisis afflicting the country, and the situation falls on the rest of the support and trying to alleviate the problem of unemployment and poverty which had not yet appropriate remedies in the framework of a national strategy adopted by the state budget.

looks like they are setup with a very tight time schedule. quick solution to unemployment to assist in purchasing ever increasing fuel products?

Ilaf "policy

رئيس جديد لمفوضية الانتخابات العراقية

The new head of the Office of the Iraqi elections.

GMT 15:45:00 2007 الأحد 6 مايو

15:45:00 GMT 2007 Sunday, May 6

د أسامة مهدي

Dr. Osama Mahdi

Osama Mahdi from London : elected in Baghdad today, the new head of the new Office of the Iraqi elections is Faraj Haydari Latif Mirza of the Kurdistan Democratic Party led by Masoud Barzani, head of Kurdistan.

A source in the UNHCR "Ilaf" that the members of the Iraqi Electoral Commissioners nine who were selected recently from among 1331 candidates had met today and chose Haydari president holds a doctorate in environment and member of the Interim National Council previously ..

Also elected Osama Abdul Majid Ani of the National Dialogue Council, led by Khalaf Alyan "member of the Sunni Accord Front," vice-president holds a doctorate in management and economics and director of the scientific research and development in the Ministry of Higher Education .. In addition to the choice of Mahmoud Karim Rashid al-Tamimi of the Sadri trend, who was elected Chairman of the Electoral Administration who holds a bachelor's degree in mathematics and is the Director of the elections exchange in Baghdad.

The other six members of the Office of the Electoral Commission to understand : I hope Anwar Bayraqdar "Bachelor of Engineering and director of the UNHCR" ..And Hamdieh Husseini "Master of constitutional law and former member of the UNHCR" .. Iyad Al Hussein, "BA political science university professor, the Chief Electoral Office skills" ..The Sardar Abdul Karim Zeid cried an adviser in the presidency and the Kurdistan Regional government director general at the Ministry of Culture ..And Saad Abdul Aziz says "Bachelor of Law and Director of the constituency in Anbar" And Qassim Hassan Sajet Aboudi "Bachelor law judge in the judiciary.

This displaces UNHCR Office replace the previous election, which was formed under United Nations supervision in 2004 and oversaw the processes of a general election or a referendum on the new Iraqi constitution and mandate ended six months ago.

The Council of the Iraqi parliament has announced early last week on the selection of nine members of the Board of Commissioners of the Electoral Commission of 1331, overtaking persons stationed classified papers were selected and then 40 of them were liquidated to nine members who represent the components of the Iraqi people sectarianism and nationalism.

And yesterday I opened the door for nominations for the post of directors UNHCR offices of the Independent Electoral deployed in the governorates and the Kurdistan region in preparation for the holding of district councils expected by the end of next summer.

Sheikh Khalid al-Attiya said in a press conference in Baghdad said that "Following the selection of nine members of the Board of Commissioners we need to be a basic step of appointing a director of the 17 UNHCR offices in the governorates and the Kurdistan region." He added that the House calls wishing nomination to serve as UNHCR offices nationwide to submit their applications and filling out a form published on the website of the Board and the deadline for submission of applications is the 10th of the current month. He said that committees will be formed with representatives from the provinces to select five candidates according to constitutional text and the names on the Board of Commissioners, who will in turn select one of the five. He added that each committee to develop a mechanism and timetable for the roof work and how to count as regulatory organizations will participate in the supervision of the selection. "

And each of the prefectures and 18 in the Iraqi province of a UNHCR office except where the Baghdad offices.

The conditions required for nomination is that the advanced resident in Iraq permanent residence and possess a university degree, at least preliminary and not under the age of thirty five years and of good character and conduct is qualified and experience in administrative work ..

In addition to be independent from the political point that is not covered by the law abolishing the Baath Party or enriched at the expense of public money or committed a crime against the people or members of the repressive forces of the former regime or ruled a crime against honor.

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

Originally Posted by fredgwest1999

Snipers on rooftops of buildings and streets to cripple the flow of Karkh lose another shopping centers Baghdad-Anwarul Jumaa Al Bai'aa area is a side Karkh tense security upward because of the clashes taking place daily last week caused the suspension of all services and blocking President schools, health centers and telephone services as banks closed their doors.

He said local residents (that the government there is silence about the strange events and despite a security forces in the region were not able to reduce those clashes involving various types of weapons in addition to a sniper on the roofs of some buildings).

He appealed to the government to stop the drain of people who shed blood in this region, which caused continuation in the life almost stopped completely after the Al Bai'aa commercial hub Chairman of the inter-Karkh in terms frequented by citizens from all of Baghdad's suburbs of St. they need different types of goods Alshorgh result of explosions.

Retired complained not receiving their salaries despite the passage of several days to the deadline for receipt of the Rasheed Bank branch Al Bai'aa it closed on the background of deteriorating security situation, said the Al Bai'aa disruption to services because of the bad security conditions disrupt schools and the closure of the health center and disrupting swapbody and not opening markets and shops and bakeries, thus affecting the living. This has led to the migration and displacement of families to the surrounding areas in order to save lives.

For his part, retired Jassim Hassan (reviewed Rasheed Bank branch of Al Bai'aa received salaries closed pension friend told me that guards the bank was closed because of the daily clashes between armed get 5 days ago in Al Bai'aa thus unable to staff access to the bank), pointing out that (There are dozens of retirees who have approached the bank did not received their salaries since closed).

Her requesting Overseas Hadi (in the sixth grade secondary that (all schools closed in Al Bai'aa because of the deterioration of security conditions since the five days that we were unable to recognize the card examination board for students finishing classes), pointing out that (it was supposed to be delivered last week only that security incidents prevented, because the school headmistress can not go to the Department of Education to recognize cards being closed there is no one being located in Al Bai'aa also difficult for the staff always).

The Hanan Ali (of the residence) (Al Bai'aa closure health center in the region since last Thursday and the absence of any official went there as a mechanism for the treatment of my son , which was a rise in temperature, but I Tphajat and closed all pharmacies closed compelling me to give him medicine kept in the fridge to reduce the temperature) described (the bad security situation and the killings of identity and clashes that happen daily in the streets all this led to a reduction of services in the region) and said (in addition to the interruption of communications due to extinguish swapbody special mobile ground because it is located near the place of clashes between armed groups).

He appealed Mustafa Kazem security services (intervention to stop the bloodshed in the region), pointing to (the sons to murder, forced two weeks ago as the evolution of events that led to clashes in the streets and mortars fall on the role of housing without the intervention of the government and its security forces, prompting many families to leave the area and leave their homes for fear of their lives and the lives of their children). security sources said yesterday,

Sunday, that the proceeds of the car bomb explosion near a popular market in Al Bai'aa reached 42 people killed and injuring about 70 others injured. The sources pointed out that (the explosion happened the car bomb exploded near the market had little popular end of 20th Street in Al Bai'aa).

security sources had announced in a preliminary death toll of 5 people and injuring 15 in the explosion itself.
azzaman=

NOTE: Just read this...

The pention Law is a backbreaker for the budget according to the IMF..vast expense of state capital that just went out to the banks for the first payment of the pension...announced by the press and would require a massive shippment of funds out to the branchs only to be delayed..by ammendments...conflict in regional areas (this complaint)

Let's SEE...Pension Law passed... First Checks to be paid... Massive amounts of money going out to the regional banks...In A hurry as the article said they were airlifted...1+1+1=3...All the same time frame...Remember..."given the everything is equal...the correct solution is the simplest..."

Thought that I would ad this post note as the above info MAY make some board members angry because we have had several days of speculation extending down the rabbit hole of juicey rumours...I support (IHO) what I stated above as the simplest solution as to why they would be transporting was sums of money out to regional banks...the simple answer is that they were the pension funds being sent out to regional banks instead of the Holy Grail...the cup...the horn of plenty...of our holy RV...small bills....

Here is why:

We have had reports that the banks have had the coins/bills in their vault since day one

BUT, for NOW they are now WORTHLESS...

Think about it...who in their right mind would want to walk into a store and put 1268 dinar coins down on the counter to pay for that can of coke???

What sane person would want to carry around a backpack with these smaller bills...

What sales clerk would accept?

Do you pay for anything in pennies? Well, 1 Dinar is a lot less than a penny's worth of currency...RIGHT NOW...

Can you BUY ANYTHING WITH PENNIES HERE?

In fact, you can't in American...anything over several dollars is not accepted...even the banks will not accept loose pennies...

SO WHY WOULD THE IRAQIS BE ANY DIFFERENT???

There have been several recent articles circulated here that impled that the small bills do exist but, (as the articles state) they will be released when they become needed...Become needed...like in a RV?

See I agree with you that they do exist but...follow the rumour trail backwards into those mystical days of first thought and whisper...and YE SHALL FIND...rumours...abound...circulated and then rejected by many of our now fabled gurus as "Cut & Run" (and the one I truly loved: Show Me De money...fellows...show me a picture)...

But, from the beginning we have been told in whispers that they are accounted for...inventoried at the banks and are merely awaiting the coming of the RV to burst forth upon the CBI's Website gallery...

I believe that this was and is true and in MHO the swift movement of funds out the the regional banks was the pension money being sent...Because...REMEMBER...the pension law was a benchmark...

and hence why they always talked about the revaluation when mentioning the pension law.

Originally Posted by Seaview

XXXXX - Susie just beat me to it. Never mind still worth 2 bumps..

Sorry Neno. In the Uk that isn't considered a swear word.

Originally Posted by shotgunsusie

you know after reading this im not so sure that iraq didnt allow us to invest in the isx prematurely on purpose to help stabilize it and bring in some growth since they knew they wouldnt be able to do it on their own until ppl had purchasing power and could invest themselves.

I've always believed it was deliberate. To bring dollars into the Banks to help build up their Reserves. They keep all their dollars in Germany not Iraq I think - but they can still be shown on the books.

Read this....

peasants demonstrated yesterday demanding quotas providing fuel for agricultural machinery for the completion of the harvest for the current season.
Kut - Abdullah urgent peasants demonstrated in terms of the Liberal Bayn Wasit governorate in front of the governorate yesterday demanding quotas providing fuel for agricultural machinery for the completion of the harvest for the current season.

The demonstrators carried banners calling for the preservation and officials to find a solution to their problem and provide fuel for Makainehem explaining (that failure to provide fuel will lead to the destruction of crops not harvested on time).

He called Salman Alausi representative of the farming associations Liberal government and the competent authorities in the province to (provide gas oil for agricultural machines because unavailability will lead to big losses due to the delay in the harvest), adding that (high commercial prices No farmer to buy fuel from the black market).

He said Kazem Alenouhi (we have 281 thousand dunums planted with wheat The barley harvest date has been delayed due to non-receipt of quotas rule kerosine), adding that (more than six thousand families live on this land Ward, and the lack kerosine lead to the loss of most peasants) asking (the preservation providing fuel for the completion of the much-delayed harvest).

In Baghdad demonstrated dozens of distributors and producers of oil derivatives in front of the Oil Ministry officials yesterday, demanding to oust the company in the distribution of petroleum products and meet their demands.

http://www.azzaman.com/indexq.asp?fn...htm&storytitle=

Originally Posted by kiko

Stock Iraqi begin work soon circulation electronic
Baghdad-file Press

Iraq starts market for securities work shortly after the circulation of electronic access devices and electronic systems and equipment for this project and processed by the company Swedish OMX specialized international and implemented projects for automation (30) Stock Exchange and international, especially processed and that the regulations of the Stock Exchange is the most modern in Iraq Middle East.

And so the Iraqi Stock Exchange deposited circulation count, which limits the transactions quick and immediate application and transparency in circulation, and represents a quantum leap in performance and market activity each alleviation and to increase the number of deliberative sessions to ten weekly sessions morning and evening instead of the two currently.

And Iraqi bourse had applied an intensive training program for cadres and their cadre of engineering, technical, as well as intermediaries in order to qualify for dealing with the circulation operations and electronic central depository, as has been done with the internal linkage offices intermediaries and witness this week the memorial services after the Hall prepared especially for this purpose.

And looking forward, investors and shareholders of listed companies on the market to the announcement of the Securities Commission to allow the Iraqi-Iraqi circulation in the bourse from the beginning of next June, according to guide the Council of Ministers in this regard, which underlines the increasing expectations of the bourse's activity and expansion work.


I LOVE IT!!

ALRIGHT!!!!!!! YESSSSSSSSSSSS!!!!!!!!!
GIANT WOoTTTT!!!!!!
...kissin kiko RIGHT ON THE FACE!!!!

(for the layman out there this means the dinar WILL REVALUE before the beginning of june. reasoning? because they would be opening the stocks of iraq up to the world for too low a price and it would cause the isx to be bought out as big investors would buy all the stock available instantly.)