Thread: Iraq/Dinar News until 5/23/07 Midnight CST

The majority of board members of the World Bank wants resignation

(صوت العراق) - 12-05-2007

(Voice of Iraq) - 12-05-2007

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The majority of board members of the World Bank wants the resignation Foetz

WASHINGTON (Reuters) - sources said the World Bank board of directors of rich and developing countries that the majority of Member States in the Council believes that the Paul Foetz resign from the presidency of the bank.

A source from a developing nation council received instructions from his capital last week not to support the continuation of the Foetz presidency in the World "it is very clear now that the majority of members believe that Mr. Foetz must resign.

"We believe that the World Bank can not continue under the chairmanship of Mr. Foetz."

And for the bank board, which includes 24 state in the past week a final decision until this week on the future of the Foetz which nebulous because of salary and promotion package approved by his companion Shaha Riza, an expert Middle East World Bank.

This provoked a huge salary promotion of invitations from the Union Bank staff and the resignation Foetz and struck institution paralyzed.

He said that he worked and Foetz heeds the values of the bank's satisfaction that the controversy is part of smear campaign designed to undermine his presidency.

"Asked about the number of Member States believes that the resignation and the source said Foetz Reuters, "More than 50%."

But other officials from the State Council advanced warned that the resignation Foetz result is not yet recognized and that he should be given an opportunity to respond appropriately to the findings of the Committee that his actions in the promotion of Reza violated rules of the Central Bank.

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

One of the leaders of the Supreme Council of the Iraqi Islamic «Middle East» :

(صوت العراق) - 13-05-2007

(Voice of Iraq) - 13-05-2007

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Hakim organization announces its new : confirmation of reference Najaf, disbanding the militias .. The tribute to the experience of Kurdistan

One of the leaders of the Supreme Council of the Iraqi Islamic «Middle East» : we found very necessary changes at the present time because we are realists

BAGHDAD: helper Al-Salem Al-Ali and mercy London : «Middle East»

The Supreme Council for Islamic Revolution in Iraq, one of the main Shiite parties in Iraq, led by Abdul Aziz al-Hakim, yesterday announced its new name. With the organization dropped the word «revolution» of the name to become «the Iraqi Islamic Supreme Council», it represented the reference b Najaf, Ayatollah Ali Sistani, and federal and «uprooting the Baath» disbanding the militias. A statement issued by the Council, at the conclusion of the Ninth Congress of the party, which was held over two days in Baghdad, attended by Council members from all around Iraq, which is the first of its kind meeting of the Council in Iraq. The members of the newly elected Shura Council decided to renew the election Abdel Aziz al-Hakim, Chairman (Shura) and Chairman of the Supreme Islamic Council of Iraq.

The statement, which was read Ridha Jawad Taqi, a leading figure in the Conference Board arrived at a number of recommendations, including the adoption of an al-Sistani, also called for «pursuit of the government successful players mature harmony can accomplish the tasks entrusted to them

.

And support for the national unity government, headed by Nouri Al-Maliki .The statement called for the continued imposition of the ban on the Baath Party, and the activation of the Anti-Terrorism Act and support the security plan in Baghdad and the draft national reconciliation disbanding the militias, and the activation of the project provinces, with an emphasis on Iraq's unity and access to the «constitutional and practical solution to resolve the issue of border provinces and the disputed areas, including Kirkuk. with emphasis on the rights of all the components of the Iraqi people in the disputed areas. The statement called for strengthening national unity and prevent any «rupture or split or divided at the regional and national». The government values the experience of the Kurdistan and counting proof of the success of the democratic system and the FBI, also praised the movement of reconstruction and development in the province.


Observers noted in the new program of the party, indicators of the Council's desire flute himself from Iran, but the first two allay concerns about federalism, and specifically call for establishing the southern region, which fears among Iraqi and Arab and western converted into an arena of Iranian influence, and the second is to meet the Sadri trend, he claims that he enjoyed his supporters b «a wide popularity» in the Shiite community, and that it was founded in Iraq, and it has suffered from the former Iraqi regime, unlike a Supreme Council, who have lived in exile, but that forgiveness Sa'idi Bloc MP from the chest, tipped told «Middle East», The changes are «internal affair» no relation to electrically Sadri, said «must they (the Board) noted, the current situation of Iraq. Her «it is not important that these decisions do Sadri trend or not ..

.

The question is : will the interest of the Iraqi people? Told «Middle East» confirmed Taqi «that changes in the concepts and policy Supreme Council in Iraq were totally different from those adopted in Iran. Taki added that «these variables on the concepts of the party and party leaders found very necessary at the present time, we are realists, and if we see that fact or circumstance Iraqi requires us to make changes even if the radical, we will, without hesitation, even if it leads to change some of what we espoused policies or concepts us as a special ».

The main changes in the party, after the last Congress MP said the Iraqi, «that there is a set of new variables began to change the name of the party, hence structural change, we found they needed to expand in line with the weight of the party in the Iraqi arena, It was decided to form a new commissions and new offices and expanding the base of participation, which has become the number of members of the Council, namely members of the Assembly, twice what it was previously. It also doubled the number of its leaders, and also members of the Bureau of the Central Shura ».

Taki said that the changes also included political discourse, through the use of new concepts that were not within the approved concepts, including the use and application «concepts of democracy, freedom and state of law and constitutional, and this indicates a response to the change, according to the requirements of the current phase». The Taki that «there is a genuine desire since we entered Iraq after the fall of the former regime for a conference expanded and these adjustments, but the circumstances surrounding the war on Iraq prevented, and now to pour more necessary than ever, to keep abreast of developments on the political arena and constitutional Iraqi».

For her part, Amal said detector cover, former deputy in Parliament from the United Iraqi Alliance, the president presented the Center for Strategic Studies, said that the Board reconsider their positions «and reassess the previous stage passed». When asked about the reasons for those changes, which included the deletion of the word «revolution», which matches lifted the Iranian regime upon his arrival to power of slogans about «Islamic revolution», said that the Supreme Council had acquired by virtue of that nature Iranian founded in Iran, and started a family there, and that wise, by spearheading the long lived in Iran, but she added, «They (Hakim's family) Iraqis. And whether this step is aimed at steering away from Iran, said Amal Kashif cover «certainly they (the Supreme Council) felt now that the Iraq-Iran, and that things in Iraq are not, as in Iran».

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

Cheney in Saudi to seek help on Iraq, Iran by Olivier Knox
1 hour, 49 minutes ago



TABUK, Saudi Arabia (AFP) - US Vice President Dick Cheney met Saudi Arabian leaders on Saturday to seek their help in Iraq, two months after close ally King Abdullah slammed the "illegitimate foreign occupation" of that war-torn land.

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Cheney, who flew on Air Force Two to the King Faisal airbase in the northern town of Tabuk from Abu Dhabi, held talks and ate dinner with the Saudi monarch during his brief visit to the oil-rich Sunni kingdom.

He was greeted on arrival by Crown Prince Sultan bin Abdul Aziz before travelling by motorcade to the Fahd bin Sultan palace to meet the king, the route lined by hundreds of waving soldiers and civilians.

Despite the traditional US-Saudi alliance, King Abdullah in March opened an annual Arab summit in Riyadh with a speech denouncing the "illegitimate foreign occupation" of Iraq and warning that "ugly sectarianism threatens civil war."

Neither Cheney nor the Saudi king spoke to reporters after their talks, but they did pose for several photo opportunities.

Cheney then headed Jordan and was also to visit Egypt before wrapping up a week-long Middle East visit aimed at encouraging Washington's allies to help pull Iraq's minority Sunni Muslims into the country's fragile political process.

The vice president's diplomatic mission also aims to win the US allies' help in curbing the influence of a rising Iran, amid talk that the Islamic republic and Saudi Arabia are in the early skirmishes of a proxy war in Iraq.

Some US officials and analysts worry that sectarian violence there may be fed by support for Iraq's Sunnis from predominantly Sunni Saudi Arabia and backing for the Shiite majority from majority Shiite Iran.

"I don't think it's a proxy war at this stage. That's not the way I perceive it," Cheney told Fox News television in an interview on Thursday. "I don't think that's the case yet."

Cheney's talks in Abu Dhabi came on the eve of Iranian President Mahmoud Ahmadinejad's arrival in the United Arab Emirates on Sunday, in the first visit since Iran's 1979 Islamic revolution by an Iranian head of state to the close US Gulf ally.

A senior source in the administration of US President George W. Bush told reporters that Ahmadinejad's visit came up during Cheney's UAE talks.

"They have a very large neighbour less than 100 miles away... They'll hear what he has to say," the official said. "I'm sure they'll have some messages for him as well."

The US vice president also hoped to use his considerable influence in Saudi Arabia -- forged during the 1991 Gulf War and his oil industry dealings -- to smooth over relations badly strained by sectarian violence in Iraq.

King Abdullah refused to meet at the Riyadh summit with Iraq's Shiite Prime Minister Nuri al-Maliki, and an Arab diplomat said it was because the monarch believed Maliki had deepened the sectarian divide in his country.

But a top Cheney aide, briefing reporters, said Riyadh's other actions -- including significant Iraqi debt forgiveness -- spoke just as loud as that diplomatic snub.

"I think on the whole, Saudi leadership is a very good thing, given the strength and enduring nature of our relationship with the Saudis and the amount of work and cooperation we've done over the years," the aide said.

The White House sees Saudi Arabia as a cornerstone ally in its campaign to isolate Iran and curtail Tehran's nuclear programme, which Washington says is a cover for a efforts to build an atomic arsenal. Iran denies the charge.

On Friday, Cheney warned from the hangar deck of a US aircraft carrier in the Gulf that the United States would "stand with others to prevent Iran from gaining nuclear weapons and dominating this region."

He delivered the warning aboard the nuclear-powered USS John C. Stennis as it cruised about 240 kilometres (150 miles) off Iran.

Sunday, May 13, 2007

1 Iraqi Dinar = 0.0008334 US Dollar

1 US Dollar (USD) = 1,199.95 Iraqi Dinar (IQD)

Interbank rate +/- 0%

This means:
You buy 1 Iraqi Dinar : 0.0008334 US Dollar
You sell 1 Iraqi Dinar : 0.0007586 US Dollar
You buy 1 US Dollar : 1,199.95 Iraqi Dinar
You sell 1 US Dollar : 1,318.25 Iraqi Dinar

Learn about the new Iraqi Dinar
Median price = 0.0007586 / 0.0008334 (bid/ask)
Minimum price = 0.0007586 / 0.0008333
Maximum price = 0.0007589 / 0.0008338

oanda

common RV let me awake on Mothers day To find the DINAR RVed.

Sharm el-Sheikh economic value
عباالغالبيAbbas Algalbi
لا.I do not know Is it pure coincidence or special arrangements with the meanings and political and economic dimensions to hold the International Conference in Sharm El-Sheikh.




.Apart from this and that the international decade between Iraq and the international community and this level of enthusiasm of the crowd and appropriate to proceed on crust Sharm el-Sheikh this tourist city gained through a standard dimension tremendous economic Perhaps it is clear throughout the duration be in danger of this movement does not die Resort Aircraft departing the next tourist carrying totals from various countries of the world is flowing barrage after barrage to find insignificance in this visionary city that once turned Masahrai arid after the substantial investment to green areas (but not downtown Baghdad Green Zone) and swimming and Blajat and Hallehat and streets and sports halls, restaurants and markets , according to the operators of the resort who said to me : The Sharm el-Sheikh daily receives no less than 10 - 15 thousand tourists from different countries of the world as this represents a huge influx of economic value that would contribute to revenues to support the Egyptian economy, which disclose its reasons for the adoption of so years 60-70% of tourist resources, which makes us look with hope to activate the tourism sector in Iraq, which possesses many of the factors for success Cities tourist Sightliest longer and more attractive to tourists because of the effects of religious, historical and cultural and financial, Iraq replete with such tourist sites of USART visions planning to activate and re-established in accordance with modern techniques they match but exceed the economic value enjoy Sharm el-Sheikh, settled on the coasts of the Red Sea, and if we take into account the features and characteristics and sources of transforming the Iraqi economy needs to diversify more than one source, leading to a coherent free of the distortions and imbalances free from excessive dependence on oil as the only source of funding.
Translated version of http://www.alsabaah.com/

the Council of Ministers called for the formation of a safe zone for investment



رجال بابلBusinessmen and economists were discussing the new Iraqi investment law in Babylon
الحلة ـ علي السباكHilla Plumber
ح.Discussed 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 in the right direction.




وبين .And among participants in a symposium organized by the Federation of Iraqi businessmen in preserving the most important advantages enjoyed by 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 have opened markets of these countries in the world.
واكد.Dr. Safaa Taqi Eissawi assistant professor in the Faculty of Law at the University of Babylon (morning) that the new investment law is the most important step of the Iraqi government towards the development of the Iraqi economy and reconstruction of infrastructure, pointing out that the new law contains articles and paragraphs encourages well-Arab and foreign investors to enter the Iraqi arena being put in investor rights between Iraqi and other Arab and foreign investors, he is at a distance equal to everyone except for the right to own land, which make it exclusive to the Iraqi investors.
.Dr. Eissawi stressed on the need to initiate the formation of the cabinet to a safe area can invite foreign investors by 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.
من.For his part, Jaafar Baqer Said that the President of the Russian Federation is adopting currently task of educating Iraqi businessmen in maintaining 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.
.Said called to the need to speed up the government in the formation of committees domestic investment stipulated in the law in order to perform their duties within the province, which it operates. It was 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 how to activate the labor laws in force to ensure Iraqi these rights, also touched Discussants to how to deal with these companies, which would enjoy legal personality in Iraqi territory.

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

Central initiate the application of electronic payment system



بغداد ـ الصباحBaghdad morning
.The Central Bank of Iraq began applying electronic payments RTGS system, the accession of a number of Iraqi banks effectively.




.A source in the World : talk that the payments system would facilitate payments between banks and between them and also to the central fact that all banks have accounts in the Central Bank reconciliations are moving through these accounts also added that the bank seeks to develop such a mechanism in the future and beyond the scope of the banking sector, pointing to link the Ministry of Finance pointed out that the work to link the Iraq market for securities, as well as remittances and bonds in the Central Bank. The source indicated that the bank was working on the establishment of a clearing instruments electronically and has a good and concrete preparations to develop the Iraqi banking sector to cope with global development.

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

The Ministry of Planning and Development Cooperation recently published which indicated that the rates of inflation exceeded 70%, which continues to climb .. .Drawing on the prices of goods and foodstuffs in local markets in Baghdad and other governorates.


متقاعد؟Against this rise in prices and inflation, may diminish purchasing power of the employee and retiree? ن.Salaries considered a lot of spe******ts is not ripe and the continuing rises in prices, especially fuel prices, which have doubled since repeatedly about two years.
.Economists pointed out that a new salary of perception and the size of the price hike occurred. حيث..As a staff member or retiree to buy basic materials daily Maikadhah much higher than the monthly salary ..
.He says economic researcher Nouri Sobeih : There is a great disparity between the monthly salary of employees in government departments and retirees, between the prices of commodities and consumer goods as well as food, clothing and fuel. العراقية..This disparity latest fracture level of real income General of the Iraqi family ..على ..As evident suffering through Croatian Serbs minuscule amounts of materials are necessary in the durability of their daily life ..
..Nouri stressed the importance of the State (if it insisted on not raising the salaries of employees and retirees) policy to reduce inflation, which burden the labor tranche significantly .. ذلك من ..That is to continue including the oldest in the Central Bank of procedures necessary for lifting the value of the Iraqi dinar against the dollar .. ما..This makes fixed prices to some extent ..
ن..For his part, warned economic researcher Faisal Ani of the risks of continued high inflation, which said : "It will affect much reality life for staff and retirees .. ..What threatens the migration of this segment of the work in the government and the search for new opportunities in the private sector .. او..Or jobs abroad meant the loss of competencies needed in the country Ani added : How officer handed him languishing career late in the degree and earns a monthly maximum of 160 thousand dinars, to continue life on this amount, which it can from which to fill 30% of the needs of the family needed .. وغيرها..Especially since the rises in the prices of oil derivatives have been burdened suffering workers in the State, in addition to other amounts and prices forced many of us (as) a month to pay such prices for generators and other .. او .Or rent houses and apartments and others.
،..The Ministry of Finance has recently prepared a law to increase the salaries of employees and retirees at rates ranging between 40 60% .. الا..However, a large number of workers in the public sector indicated that the increase of Atelpe all necessary requirements, Falartefaat great price, and salary rates despite the increase did not match the requirements necessary for the family ..
..According to the Ministry of Planning : that the rise in inflation was rising toll index for food products, textiles and clothing, footwear, furniture, transport, communications and medical services, medicines and rents, which account for the spending by 4, 94% of the total domestic consumer spending ..
.The number of staff with the grades late salary rates they receive in return illogical services and work carried out, especially in light of deteriorating security conditions. ..The obscenely expensive as saying ..
..The student workers in the private sector the government to move towards reducing prices or increasing their salaries commensurate with the prices (firearms) in the market, particularly fuel prices and transportation .. .He says a number of them : What we can provide all the necessary requirements of the house, Valeratb divided on the special needs and what remains of it is very little, to be spent on the purchase of goods and materials necessary.

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

I found an interesting blog from an Iraqi and thought I would share it.

Baghdad Burning

... I'll meet you 'round the bend my friend, where hearts can heal and souls can mend...

Thursday, April 26, 2007

We've finally decided to leave. I guess I've known we would be leaving for a while now. We discussed it as a family dozens of times. At first, someone would suggest it tentatively because, it was just a preposterous idea- leaving ones home and extended family- leaving ones country- and to what? To where?

Since last summer, we had been discussing it more and more. It was only a matter of time before what began as a suggestion- a last case scenario- soon took on solidity and developed into a plan. For the last couple of months, it has only been a matter of logistics. Plane or car? Jordan or Syria? Will we all leave together as a family? Or will it be only my brother and I at first?

After Jordan or Syria- where then? Obviously, either of those countries is going to be a transit to something else. They are both overflowing with Iraqi refugees, and every single Iraqi living in either country is complaining of the fact that work is difficult to come by, and getting a residency is even more difficult. There is also the little problem of being turned back at the border. Thousands of Iraqis aren't being let into Syria or Jordan- and there are no definite criteria for entry, the decision is based on the whim of the border patrol guard checking your passport.

An airplane isn't necessarily safer, as the trip to Baghdad International Airport is in itself risky and travelers are just as likely to be refused permission to enter the country (Syria and Jordan) if they arrive by airplane. And if you're wondering why Syria or Jordan, because they are the only two countries that will let Iraqis in without a visa. Following up visa issues with the few functioning embassies or consulates in Baghdad is next to impossible.

So we've been busy. Busy trying to decide what part of our lives to leave behind. Which memories are dispensable? We, like many Iraqis, are not the classic refugees- the ones with only the clothes on their backs and no choice. We are choosing to leave because the other option is simply a continuation of what has been one long nightmare- stay and wait and try to survive.

On the one hand, I know that leaving the country and starting a new life somewhere else- as yet unknown- is such a huge thing that it should dwarf every trivial concern. The funny thing is that it’s the trivial that seems to occupy our lives. We discuss whether to take photo albums or leave them behind. Can I bring along a stuffed animal I've had since the age of four? Is there room for E.'s guitar? What clothes do we take? Summer clothes? The winter clothes too? What about my books? What about the CDs, the baby pictures?

The problem is that we don't even know if we'll ever see this stuff again. We don't know if whatever we leave, including the house, will be available when and if we come back. There are moments when the injustice of having to leave your country, simply because an imbecile got it into his head to invade it, is overwhelming. It is unfair that in order to survive and live normally, we have to leave our home and what remains of family and friends… And to what?

It's difficult to decide which is more frightening- car bombs and militias, or having to leave everything you know and love, to some unspecified place for a future where nothing is certain.

Cheers!
DayDream