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

Originally Posted by shotgunsusie

prompted the central bank to take this action. sounds past tense doesnt it?

if there is one single person on the face of the earth that doesnt think iraq is going to revalue their dinar show them this article.

Hi SGS, I believe Iraq will RV their currency. It's just a matter of time now as we are all so close. They have no other choice and time is running out. They have no where to go but UP in their economy and make their lives allot better.

Thanks for all your help in this arena


Hkp

6 million to protect Iraqi deputies from attack



By Mustafa al-Hashemi



Azzaman, May 19, 2007



The Iraqi parliament is to sign a $6 million deal with a foreign security firm that will deploy guards to protect the deputies.



Adel Barbari of the Parliamentary Defense and Security Committee said the company, which he declined to name would station guards at premises where the deputies meet protect them against violent attacks.



Foreign guards of whom there are tens of thousands in Iraq earn huge sums of money with a base annual salary of $150,000.



In Iraqi parlance the guards are ‘mercenaries’ and are targeted by Iraqi armed and resistance groups.



Their rough behavior and trigger happy character has earned them the wrath of the Iraqi people.



Like U.S troops, they are immune from prosecution and standing trial under Iraqi law.



Barbari said the foreign guards would supervise “Iraqi security personnel, protect the parliament building and inspect anyone entering and leaving it.”



Several people, including a number of deputies, were killed in a suicide bomb attack in the parliament’s cafeteria last month.



Barbari said the deputies were determined not to let that kind of attack happen again.

Originally Posted by shotgunsusie

prompted the central bank to take this action. sounds past tense doesnt it?

if there is one single person on the face of the earth that doesnt think iraq is going to revalue their dinar show them this article.

sgs,

i want to thank you for all of your research and commentaries on here,i wish i had your optimism on the dinar there are just so many conflicting articles.i dont know why they would release all of these articles saying raising the dinar is good if they want to curb spec.

thanks

Baghdad / follow Justice : Dr. Abdel farmer Hassan, the Sudanese Minister of Trade optimistic successful future negotiations with the World Trade Organization to be held in Geneva later this month.

.The Sudanese announcement during the Iraqi negotiating team that Iraq had completed all the mechanisms and the questions that were addressed to him by the international organization. In addition to the complete set of laws, legislation and sent to the State Consultative Council and the Council of Ministers to be studied in order to keep abreast of Iraq's participation in the World Trade Organization, adding that the negotiating team and for three years succeeded in completing all'll requirements of the World Trade Organization and develop appropriate responses for each organization offers Therefore, we are optimistic that the outcome of future talks to be held in Geneva with a team represented by the exit of the recommendations of the task could accept Iraq in the light of the implications of the results. .The Sudanese to the importance of education and public awareness through media releases and in the importance of Iraq's accession to the WTO that this economy will gain (strength and evolution), and inform the experiences of the developed countries of the Organization for the freedom to control the operations of the global economy and trade, pointing out that the government had issued several laws that serve the economy and facilitate coordination with the global economy, where the form of the investment major turning point future results will be significant movement of the market economy and to develop the country and most of the provinces that suffered greatly as a result of their negligence and reliance on central control of the State on the economic movement and the minister stressed that Iraq's accession to the WTO does not necessarily mean acceptance of new restrictions imposed on the Iraqi economy, laws and regulations of the organization and that some Yatekadha Thus Thus but some team work places this side the best interest of the country and the interests of the Iraqi rights before taking any action addition, we find that the Iraqi economy has great potential able to overcome all the problems of the present and to come back to the top of the economics of the world. .Stressing the importance of Iraq's presence in international organizations being shunned for many years and it was unacceptable that this move away from what is happening in the world of enormous economic developments will seek to make use of it to serve the Iraqi economy, and thus determine the feasibility of presence in these international organizations. .The meeting was considered a range of topics and mechanisms put forward by the negotiating team representing the Iraqi government before the World Trade Organization in Geneva and already the government sent many of the questions asked and answers to consider Iraqi request seriously.

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U.S. Embassy in Iraq to Be Biggest Ever
By ANNE GEARAN
AP Diplomatic Writer

9:35 AM PDT, May 19, 2007

WASHINGTON — The new U.S. Embassy in Baghdad will be the world's largest and most expensive foreign mission, though it may not be large enough or secure enough to cope with the chaos in Iraq.

The Bush administration designed the 104-acre compound -- set to open in September in what today is a war zone -- to be an ultra-secure enclave. Yet it also hoped that downtown Baghdad would cease being a battleground when diplomats moved in.

Over the long term, depending on which way the seesaw of sectarian division and grinding warfare teeters, the massive city-within-a-city could prove too enormous for the job of managing diminished U.S. interests in Iraq.

The $592 million embassy occupies a chunk of prime real estate two-thirds the size of Washington's National Mall, with desk space for about 1,000 people behind high, blast-resistant walls. The compound is a symbol both of how much the United States has invested in Iraq and how the circumstances of its involvement are changing.

The embassy is one of the few major projects the administration has undertaken in Iraq that is on schedule and within budget. Still, not all has gone according to plan.

The 21-building complex on the Tigris River was envisioned three years ago partly as a headquarters for the democratic expansion in the Middle East that President Bush identified as the organizing principle for foreign policy in his second term.

The complex quickly could become a white elephant if the U.S. scales back its presence and ambitions in Iraq. Although the U.S. probably will have forces in Iraq for years to come, it is not clear how much of the traditional work of diplomacy can proceed amid the violence and what the future holds for Iraq's government.

"What you have is a situation in which they are building an embassy without really thinking about what its functions are," said Edward Peck, a former top U.S. diplomat in Iraq.

"What kind of embassy is it when everybody lives inside and it's blast-proof, and people are running around with helmets and crouching behind sandbags?"

The compound will have secure apartments for about 615 people. The comfortable but not opulent one-bedrooms have offered hope for State Department staff now doubled up in tinny trailers.

Morale is at an ebb among the embassy staff, most of whom rarely leave the heavily fortified Green Zone during their one-year tours in Iraq. The barricaded zone houses both the current, makeshift U.S. Embassy and the new compound about a mile away. A recent string of mortar attacks has meant further restrictions.

On Saturday, three mortar shells or rockets slammed into a Green Zone compound where British Prime Minister Tony Blair was meeting with Iraqi leaders. The attack wounded one person. One round hit the British Embassy compound.

The new U.S. ambassador, Ryan Crocker, is reviewing staffing and housing needs, and fielding complaints about any suggestion employees either double up again or live elsewhere.

"We do believe that the embassy compound was right-sized at the time that it was presented to the Congress," Secretary of State Condoleezza Rice told a Senate panel this month. "There have been some additional issues since that time. "

Rice's senior adviser on Iraq, David Satterfield, said the embassy is not disproportionately expensive and will serve U.S. interests for years. The second-most expensive embassy is the smaller $434 million U.S. mission being built in Beijing.

"We assume there will be a significant, enduring U.S. presence in Iraq," Satterfield said.

The Baghdad Embassy will open in September and be fully staffed by the end of the year, Satterfield said. U.S. diplomats will move from a dogeared Saddam Hussein-era palace they have occupied since shortly after the 2003 invasion, to the growing irritation of many Iraqis.

The International Crisis Group, a nongovernmental organization that seeks to prevent and resolve conflicts, has identified the complex as the world's largest embassy. The organization notes that the embassy is a sore point with Iraqis who are fed up with war, violence and roadblocks and chafing under the perception the U.S. still calls the shots more than four years after Saddam's ouster.

The embassy also is a prime target.

The area around the construction site was hit with mortar fire this month. Other areas of the U.S.-controlled Green Zone were hit on consecutive days last week.

The increase in mortar and rocket attacks on the Green Zone has raised concern, especially because they are occurring during a U.S.-led security crackdown in Baghdad.

The embassy has ordered its staff to wear flak jackets and helmets while outdoors or in unprotected buildings. The order was issued one day after a rocket attack killed four Asian contractors in the Green Zone this month.

It is unclear who is responsible for the recent attacks. Some barrages came from Shiite-dominated areas in eastern Baghdad. But the Green Zone also is within range of Sunni militant strongholds to the south.

The State Department and Congress have tussled this year over a $50 million request for additional blast-resistant housing. The department says it did not anticipate needing so many fortified apartments when the embassy was in the planning stages three years ago and Iraq was a less violent place.

The new Democratic-controlled Congress has grumbled about the approximately $1 billion annual cost of embassy operations in Iraq and told the administration the embassy is overstaffed at roughly 1,000 regular employees. Add security contractors, locally hired staff and others and the number climbs to more than 4,000.

"This is another case where poor planning, skyrocketing costs and security concerns are colliding in the Bush administration's policies in Iraq, and we need to make adjustments," said Sen. Patrick Leahy, chairman of the Senate panel that pays for State Department operations.

"They want hundreds of additional embassy staff who they cannot safely house within the new embassy compound. It's time for a reality check," said Leahy, D-Vt.

Iraq : 267 billion dinars to compensate Progress Kirkuk
(Voice of Iraq) - 18-05-2007 | Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Irbil (May 18) and the agency (Lucky) Italian News-According to Kurdish sources, the Iraqi government allocated a substantial budget this year of 267 billion dinars, to compensate Kurdish and Turkoman families displaced from Kirkuk under a policy of "ethnic cleansing" exerted by the Saddam regime. Iman said Jalal Eddin, Financial Adviser to the Supreme Committee of rule 140, in a statement to the newspaper (Cordstani Noi) Kurdish today that the "Iraqi Prime Minister expressed his approval for the allocation of the budget among other expenditures in next year's budget 2008 for the same purpose." The allocation of this amount comes in the context of the application of Article 140 of the Constitution relating to the normalization of the situation in Kirkuk, while not yet decided Baghdad government special budget to compensate Arabs coming to the city. Although responsible Kurdish did not address the issue of compensation Arabs, but noted that "the payment of compensation to evacuees and arrivals are normally not encountered any obstacles." His friend pointed Kachrch head of the Office of Article 140 in Kirkuk that "there are many circles chauvinism stand against the implementation of article without owns a substitute for how to re flouted rights of owners." He said "we note these days chauvinistic attitudes of certain parties, which calls for normalization of the situation Kirkuk without holding a referendum on the fate, and this is inconsistent with the Constitution." A friend, "there 100 subcommittee distributed to the preservation process started distributing forms for financial compensation, which completed its work without any problems, and is expected to complete its work of the commissions soon."

The delegation headed by Masoud Barzani's Kurdistan region to Baghdad

(صوت العراق) - 19-05-2007

(Voice of Iraq) - 19-05-2007

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The delegation headed by Masoud Barzani's Kurdistan region to Baghdad soon for talks on the contentious points

BAGHDAD : Numan Alheims and helper, Haidar Ali Negm

Government seeks Iraq's Kurdistan region for concessions and wider powers before agreeing to the terms and paragraphs of the draft law of oil and gas new objects to some paragraphs, particularly those limiting the powers of the territorial government in the conclusion and signing of contracts for prospecting and exploration by foreign companies wishing implemented in various regions of the province, without referring to the central government in Baghdad.
A prominent member of parliament and representative of the Iraqi Kurdish bloc Dr. Mahmoud Othman, that there are a number of points of difference between the parties on the oil and gas and the new Iraqi that need to conduct many of them talks, but the Americans want to rush the approval.

Between Othman told «Middle East» that Dick Cheney, the American Vice President, has during his recent visit to Baghdad, a large part of the talks for this purpose, as well as the termination of other things such as the law abolishing the Baath Party and restoring some formations and the participation of the parties or expand participation.

Uthman added «that Iraqi views they wish put to the parliament end of this month for final approval, but I personally do not believe that this will be possible, because it before endorsing it must pass to the Council of Ministers».

And on the controversy raised by the law among some quarters, especially among government in Kurdistan and the central government, said Osman «that there are matters concerning the law is not over yet has been agreed upon compromise formulas, but this is expected that the head of the province Massoud Barzani and accompanied by a number of officials and experts concerned, a visit to Baghdad during the earliest opportunity to discuss and dialogue with officials in the central government and to end all outstanding problems in this regard, a line or a formula satisfactory to all parties ».

As for the points of contention, he said Osman «The draft law touched on the subject of imports, and how divided centralized, and there are views in favor of or wants to put other formulas sees more realistic and safeguard the rights of everyone, and that there are three supplements law is the other did not get any agreement so far, In general, I think that such a law should take enough time before final approval ».

To confirm Assem Jihad spokesman of the Oil Ministry told «Middle East» The talks, and serious discussions will be held between the government of the Kurdistan region and the central government in Baghdad on points of disagreement which appeared in some oil supplements existing within the new oil law, in an attempt to get to be acceptable by all parties, and thus move forward in the application of the provisions of the paragraphs of this law after it was ratified by the Iraqi parliament.

The ministry is waiting impatiently for the ratification of the law by parliament to proceed with the application in accordance with the powers conferred upon her so, in order to be communications with global companies, which are awaiting approval by the law formally unconfined ministry, but there will be substantial roles will be distributed to the relevant authorities. since there will be very significant role of the federal oil and the role of the ministry in Baghdad, and the role of the National Oil Company, and the role of the regions and provinces, so as not to exceed any party to the powers and set it within the law, to begin after the conclusion of contracts and direct operations drilling and oil exploration, According to the law oil ».

He explained that his ministry Jihad «put the supreme national interest above every other consideration, in order to achieve the sound management of the oil wealth in the country away from the narrow interests and political pressures exerted by certain parties in order to obtain greater benefits of this wealth through this law», pointing out that the law aims to ensure the rights of all Iraqi parties away from political influence and pressure, which should not have any role or influence on this law, the parliament has the responsibility so great, there must be a thorough study and analysis of the law in all respects to come to a conclusion that satisfies all classes ».

Observations on the points at issue, which contained items that law objected to by the different actors, said «all the lapses and controversial points, and some parties have comments on certain paragraphs of the law, the existence of these outstanding points does not necessarily mean that the law was not good.

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

Head of government territory Kurdstan come to Baghdad to discuss

(صوت العراق) - 19-05-2007

(Voice of Iraq) - 19-05-2007

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Head of government territory Kurdstan come to Baghdad to discuss the law on oil

Arbil : Dr. Ashti seminar Minister natural sources in the territory of Kurdstan Najirfan that Mr. Barzani, head of government territory Kurdstan will attend the discussions in Baghdad this week on the points relating to the law of Iraqi oil.

:

He added that no mention of any disagreement between the federal government and the provincial government of Kurdstan, but there are some points that have been agreed upon so far, the participation of the territorial government in the Iraqi oil resources and the mechanism for federal participation, As to the demands of the territorial government lies in the need to deposit the oil resources in one box, and the territory of Kurdstan special account and sponsored by the government of the province, said :
Baghdad screamed (93%) of the oil resources of a private company linked supervised by the Iraqi prime minister, federal We Anaid, but they reduce this percentage to reach 50% only a moderate rate, and the other half run by a private company.

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

IRAQI FOREIGN MINISTER REJECTS MUSLIM PEACEKEEPER PROPOSAL
Iraqi Foreign Minister Hoshyar Zebari on May 16 rejected a proposal by Pakistani President Pervez Musharraf to send a Muslim peacekeeping force to Iraq to help stabilize the country, Pakistan's "Dawn" newspaper reported the same day. "We have reservations on this proposal," Zebari said, adding that his government has objected to similar proposals in the past. "My government's position is not for welcoming any more troops. We want our troops, the Iraqi troops, to rise up and stand, let's say to stabilize the situation," he said. During a meeting of foreign ministers from the Organization of the Islamic Conference (OIC) in Islamabad on May 15, Musharraf proposed sending "a Muslim peacekeeping force under the United Nations umbrella" to help bring peace to Iraq. SS

UNDP TO ASSIST IRAQ ON WATER MANAGEMENT ISSUES
The United Nations Development Program (UNDP) convened a three-day conference in Amman, Jordan, on May 15 to assist the Iraqi government in developing a comprehensive water management strategy, the UN Integrated Regional Information Networks (IRIN) reported on May 17. In "a country rich in resources that has two major rivers, the Tigris and Euphrates, yet bedeviled by years of conflict and war, the water sector in Iraq has faced a major deterioration in recent years," the organization said in a statement. Iraq's water infrastructure fell into disrepair during the years of UN sanctions against the regime of late dictator Saddam Hussein, and the situation grew worse as the country's main water-treatment and pumping stations were stripped of crucial equipment by looters after the fall of Baghdad in 2003. Four years after the U.S.-led invasion, violence and sabotage have prevented an overhaul of the water-treatment system. As a result, untreated sewage has been discharged into rivers. "That has caused many diseases like gastroenteritis, brucellosis, hepatitis, and typhoid fever, now common among children due to bad drinking water," said Ahmad Khalid al-Ubaydi, a Health Ministry official. SS