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

Announcement No.(921)

D.G. of Foreign Exchange Control

The 921 daily currency auction was held in the Central Bank of Iraq day Thursday 2007/5/10 so the results were as follows :

Notes

Number of banks16-----
Auction price selling dinar / US $1263-----
Auction price buyingdinar / US $1261-----
Amount sold at auction price (US $) 60.475.000-----
Amount purchased at Auction price (US $) 2.000.000
Total offers for buying (US $) 60.475.000-----
Total offers for selling (US $) 2.000.000-----

1. Note that :
The sale price for remittances dinars (1262) / $.
The sale price cash dinars (1274) / $.
The cash purchase price (1272) dinars / $.
2. The quantity sold, the amount of cash (17.055.000) and $ remittances amount (43.420.000) dollars.

There is no mentioning about the rate being the same until Sunday.

Originally Posted by ForceReK0n

Well fellow Dinar peeps. Looks like I am probably heading back to Iraq. Things are tight here. They cut my pay and I have an addition to the family on the way. The wife gave me the "GREEN" light.

Anyway, I will let you all know the final word very soon. I still need to negotiate my package to the "exotic" land. If I go I will be "boots on the ground" as much as I can for ROL.



"D"

God speed on a safe return

Hillah / justice ... ركونDiscussed and businessmen are interested in economic affairs in the province of Babylon the most important articles and paragraphs of the new investment law asserting that the law is a positive step the Iraqi government move in the right direction, and between participants .In a symposium organized by the Federation of Iraqi businessmen in preserving the most important advantages that characterizes the new law at the level of activation of various kinds of investment in Iraq, including drives economic development forward, pointing out that all Arab states characterized by a strong economy was able to strengthen its economy through investment laws that opened markets of these countries in the world, Dr. Safa Taqi Eissawi assistant professor in the Faculty of Law, University of Babel that the new investment plan is the most important step towards the Iraqi government to develop the Iraqi economy and the rebuilding of infrastructure, pointing out that the new law contains articles and paragraphs of well encourage Arab and foreign investors the entry of Iraqi arena being equated rights of the investor Iraqi and other Arab and foreign investors is no stand on equal distance from everyone except for the right to own land, which make it exclusive to the Iraqi investors, and Dr. Eissawi stressed the need to initiate the formation of the cabinet to be a safe area an invitation to foreign investors, explaining that one of the first guarantees to be provided to activate the investment law is implemented properly to ensure security because investors do not care about the financial support as their security assurances, from his part Baqir Jaafar Said that the President of the Russian Federation is adopting currently task of educating Iraqi businessmen in the province the new investment law, affirming that the union a broad program includes holding seminars and organizing workshops for educating law, which he said was to meet all the aspirations and expectations of traders and investors primarily with the Iraqis, and invited Said to the need to expedite the government in the formation of committees domestic investment, which read law with a view Bouajptha each body within the preserve where they operate, and during the discussion of the mechanism for guaranteeing the rights of Iraqi workers by foreign companies expected to work in Iraq under the new law and activate Kabbveh labor laws Iraqi force to ensure these rights, as Discussants touched on how to deal with these companies, which would enjoy legal personality in Iraqi territory.
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Statement issued by the Iraqi Accord Front.

document on the International Covenant with Iraq

.Following the Iraqi Accord Front and very carefully document the International Covenant with Iraq as contained questions represents a possible basis for a solution if there is serious and sincere faith.

.To those familiar with the document of the International notes with Iraq closely in dealing with the problems of Iraq's security, political, economic and social package to solve it one is undoubtedly true orientation, and the international supervision of the Iraq makes weight globally could control all of the Iraqi government on implementation, and follow that the international community would not be satisfied with less than a government that achieves the aspirations of the people and his transparent and achieve political reforms to the government of Iraq has accepted international.

.The document also emphasizes the importance of that priority be given to reforming the security, political, economic reform and development is a clear message to the influential regional countries should refrain from interfering in Iraq's internal affairs and another letter to the political components need to abide by the Covenant, which can be achieved only that those forces Ttkashv to change their positions to contribute to solving the issue of security and political and social peace.

.We look forward to find items of the International Covenant way to practical reality and seek government and the parties concerned in this document to the serious application and good execution in order to achieve objectives which are expected by the Iraqis, particularly since the bulk of the International Covenant already established in the Constitution or the government program or project reconciliation national as well as permits for media and political officials in the government of their intentions application of these programs and projects promised by the Iraqis long.

إن.That put the document the international community before the world community and make witnesses and observers to ensure the implementation of the reconciliation and reconstruction feel that preceded a national covenant evidenced by the surveillance Islamic values and national Iraqi carries advocated who wants to run the country and is claiming eligibility and ability and efficiency in the construction and reform.

.So as not to fall into past errors especially since time is no longer widely in light of the worsening internal situation and the lack of opportunities for solution and break the impasse Iraqi sharp call to keep pace the International Covenant mechanisms explaining the procedures and how they would implement the provisions of the document with the schedule to ensure the safety of the implementation, and monitoring body assesses performance and corrects errors with the international commitment of the government guarantee for achieving the goals and purposes of the document the international community.



http://64.233.179.104/translate_c?hl.../nhr0510h.html

Originally Posted by mustang sally

From a recent press briefing...

{cut..}

QUESTION: But as far as funding and tying it to that is the question.

AMBASSADOR CROCKER: Well, certainly from the political-economic side, just as is the case with the military, our people need the tools to get the job done. And the tools in this case are money. We really need to get the money out here so we can start making a difference on the streets.

THE VICE PRESIDENT: Ken Fireman, Bloomberg.

QUESTION: Thank you, sir. You said you were impressed by the responses that you heard from Prime Minister Maliki and his colleagues. Did they offer any specific commitments, particularly time commitments, in moving forward on some of the specific measures that you and other American officials have talked about; namely, hydrocarbon law, de-Baathification, provincial elections and constitutional reform?

THE VICE PRESIDENT: I believe that Prime Minister Maliki plans an address to the parliament this week on many of these issues – [cough] excuse me – and, of course, it’s a political process that depends upon action by their legislative body. And but as I say, I do believe that there is a greater sense of urgency now than I’d seen previously.

QUESTION: But no specific time commitments?

THE VICE PRESIDENT: It’s difficult to do with our own Congress, let alone somebody else’s.
Thanks, everybody.

END 7:25 P.M. (Local)

truer words were never spoke....

The Ministry of Commerce studying three options for activating the work of central markets

() - 10-05-2007(Voice of Iraq) - 10-05-2007


لـــعـــراقRepublic of Iraq
لاعلامThe Cabinet-National Information Center
الععMedia Relations
بيا Press ReleaseA press / Press Release

الاستثمارThe Ministry of Commerce studying three options for activating the work of the most important markets of central investment

.The Trade Minister Abdul Hassan farmer Sudanese ministry was considering three options for the activation of markets and the development of the central work in the coming period.

ً .He added during a meeting with Sudanese company tables of the central markets that the coming period will witness a number of actions to revitalize the central markets after the agreement on the options will be introduced and foremost Tagiradh markets or participation with the private sector in the reconstruction work or selling part of these markets in places elected, He added that he had formed a committee of a number of experts and spe******ts to examine the reality of the central market in terms of potential and possibility in the location and operation Incautiously after granting of the company's frozen amounts in the Ministry of Finance and release material in the stores grapevines, which reaches such ***** very large sums.

.The minister also coordinating with the security agencies of the Ministries of Defense, Interior and the awakening of Anbar on the transfer of various materials in the stores, which may help citizens access to such material, which possesses good qualities and prices are very appropriate, pointing out that solidarity with the staff of central markets those suffering from difficulty in getting paid by the company's financial situation, which relies on a system of self-financing affirming that the right to obtain these salaries, it seeks through emphasis on the Ministry of Finance launched the amounts frozen or tables by urging the company to activate its activities in order to reap profits may The money used by company personnel.

.The minister stressed the importance that the company learned from decades past and the Memorandum of Understanding re-activated in order to obtain money to support the work of the company in markets in Baghdad and other governorates.


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

Originally Posted by DontDenyDatDinar

the link provided did not connect with the quote posted

Buffett says Berkshire set for big takeovers: paper - Boston.com

Originally Posted by mustang sally

From a recent press briefing...

{cut..}

QUESTION: But as far as funding and tying it to that is the question.

AMBASSADOR CROCKER: Well, certainly from the political-economic side, just as is the case with the military, our people need the tools to get the job done. And the tools in this case are money. We really need to get the money out here so we can start making a difference on the streets.

THE VICE PRESIDENT: Ken Fireman, Bloomberg.

QUESTION: Thank you, sir. You said you were impressed by the responses that you heard from Prime Minister Maliki and his colleagues. Did they offer any specific commitments, particularly time commitments, in moving forward on some of the specific measures that you and other American officials have talked about; namely, hydrocarbon law, de-Baathification, provincial elections and constitutional reform?

THE VICE PRESIDENT: I believe that Prime Minister Maliki plans an address to the parliament this week on many of these issues – [cough] excuse me – and, of course, it’s a political process that depends upon action by their legislative body. And but as I say, I do believe that there is a greater sense of urgency now than I’d seen previously.

QUESTION: But no specific time commitments?

THE VICE PRESIDENT: It’s difficult to do with our own Congress, let alone somebody else’s.

Thanks, everybody.

END 7:25 P.M. (Local)

My read . . . Cheney is one of the *toughest* guys around . . . I would imagine he told them to take their damn vacation as follows, "yeah go ahead . . . but make damn sure that you finish & enact all the important laws before you do!" . . .

Their vacation could be gooood for investors/speculators . . .

Best to all . . . RR . . .

Originally Posted by RollsRoyce

My read . . . Cheney is one of the *toughest* guys around . . . I would imagine he told them to take their damn vacation as follows, "yeah go ahead . . . but make damn sure that you finish & enact all the important laws before you do!" . . .

Their vacation could be gooood for investors/speculators . . .

Best to all . . . RR . . .

Thank You Rolls Royce, I am in agreement with this as well.
We have already read that he was there for a "secret meeting", as
are/have been, the rest of the world players.

Originally Posted by Lunar

Even if you keep a look out on the page you're on so we don't double post....thanx

you can also click 'edit' and 'delete' and 'delete post' which will remove any copies that you might have posted.