Thread: Iraq/Dinar News Until 5/31/2007 7:15 PM CST..

This article came up in today's news but it may have been posted before

Economic reports : Governor of the Central Bank :

This year's budget focused on increasing the volume of investment in Iraq
The Iraqi Media Network

Dr. Sinan Shabibi Governor of the Central Bank that this year's budget, the budget investment because it focused on the size of the investment Ziada.
And Shabibi said that the Central Bank's role is to address the imbalance resulting from the development process that will produce changes in the economic structure are basic.

He pointed out that the work of the Central Bank is to achieve development in a stable monetary attention through all means and policies to achieve economic stability and moderation in the environment straight and moderate inflation rate.

He continued : "Our budget for the preservation of resources, and will be achieved through combat inflation.

Stressing that the bank had several measures including raising the exchange rate of the dinar.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of the government, will increase by addressing inflation.

He added : Shabibi that this policy will increase the confidence dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to the reduction of prices of import goods such as private sector imports and the import of the government's development that come from the conversion of the Iraqi dinar to the dollar.
He added that this policy at the time weakens the ability of the government to buy the dinar, it strengthens Aldenarabraghi owned by the government.
Pointing out that the bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

Translated version of http://www.alitthad.com/paper.php?name=News&file=article&sid=23590

deporting more than 15 thousand of its staff because of corruption and abuse of office

Services : Qaeda hiding in the triangle between Baghdad and Ishaqi

Baghdad-Sabah.
The Interior Ministry revealed that most leaders of Al Qaeda terrorism remains Aggregates rallying under the slogan resorted to a triangle that lies between the city of Baghdad and the al-Ishaqi area north of the capital after the blows received by these organizations by the security forces.

And Maj. Gen. Abdul Karim Khalaf director of the National Command Center at the ministry told (morning) that the end of these organizations have become close after the killings, arrests, most leaders in the forefront of guests and the Egyptian Abu Ayub Abu Omar al - Baghdadi. He added that the intelligence information confirms that Al Qaeda began looking for replacements for its leadership, which fell in the period the last, especially after that encountered these organizations rejected by most tribes and the citizens.

The Iraqi political figures and Arab warned of the terrorist movement totals to the neighboring countries due to strangulation in most regions of the country, and build a unified Iraqi tribes to address them. The head of the national command center to areas taken by those totals in the suburbs of Baghdad areas are not effective, The terrorists started pursuing new methods of targeting citizens using mortars, and the implementation of killings and assassinations, stressing that the security forces in connection with the termination of these totals in Baghdad, after the implementation of a large-scale military operations to track down these people in the neighboring governorates.
On the other hand, said Major General Khalaf : The number of associate in ministry who have been removed so far exceeded the (15) thousand officers and personnel of the full owners of more than 300 thousand, and that the ministry continues to remove all abusive elements, explaining that these be separated on the basis of joint decisions between the Inspector General in the Ministry and the Directorate of Internal Affairs, regulators and other evaluative, after they verify the involvement of breaking the law and abuse of office or for reasons of corruption and failure to perform duties and other violations.
He pointed out that the invitation extended by the ministry to former employees of the security services for their audit comes in the framework of activating the directives issued by the government as part of a national reconciliation, and in order to regulate the decisions of the dissolved entities fit of those career service according to regulations and laws adopted. The director added that the National Command Center further action taken by the ministry to restrict the registration of weapons in the possession of citizens to develop an information base on them, and prevent circulation, stressing that a time ceiling in this regard so will be dealt with weapons that have not been registered after August 20 according to the law, At the same time he needs to citizens that the decision to retain weapons inside their homes, taking full information about these weapons and the names of persons who are in possession and addresses, so as not to allow the transfer of arms from one place to another. He stressed that the ministry will carry out the raid and search for the role after the date that had been determined to prosecute anyone it had not reviewed the police stations and register maintained by the Commission, noting that all of these actions were part of the Ministry's action plan to limit the use of weapons and diagnostic elements that cause terrorist acts targeting citizens.

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

A company participated from 30 countries

The conclusion of the second exhibition Amaralarak in Turkey tomorrow

Turkey-Sabah envoy Mahdi Karim

Conclude tomorrow, Sunday, the largest international exhibition organized by the Ministry of Commerce in coordination with the company FORUM in the Turkish city Ghazi Aintap over five days with the broad participation by international companies and the Turkish, Arab and Iraqi businessmen from various world countries.

The exhibition was inaugurated by Iraq international organized by the Ministry of Trade in cooperation with the Turkish company FORUM for the second consecutive year in the same city, Dr. Abdel Hassan farmer Sudanese Minister of Trade and his Turkish counterpart on Dostum and Turkish Foreign Minister bilateral relations and the presence of the Minister of Construction and Housing Iraqi statement Dizah Yi Under the Oil Ministry Muatasim Akram The number of Iraqi officials and Turkish spe******ts Turkish affairs.
He described Dr Sudanese in his speech during the opening ceremony organizing this exhibition as a global phenomenon for the expression of the desire of the world's pressing to enter the Iraqi market and reflects the strong support of the fraternal relations between the government and peoples of Turkey and Iraq.
The Iraqi government's insistence on work to invest the enormous wealth of Iraq for the prosperity of the country and thus the prosperity of the entire region through new legislation and investment laws to restore Iraq influential in the global economy and open the doors to the contribution from the countries of the world in a campaign reconstruction.
For its part, invited the Minister of Construction and Housing and Turkish companies in the Arab countries of the world to participate in the reconstruction campaign and the implementation of massive housing projects, stressing that her ministry will provide assistance for the implementation of the Investment Law to facilitate the work of those companies in Iraq.
And across the Turkish officials during their speeches on their strong desire to expand cooperation with Iraq in all fields and work to organize such an exhibition in Iraq next year .. Noting that they called more than three thousand of Iraqi businessmen from all provinces to participate in this exhibition, which attracted 1000 companies from 30 countries and ten thousand visitors from various countries around the world.
It should be noted that officials and representatives of different ministries attended the activities of the State Fair, which started in 23 of this month on an area of 170 thousand square meters initially cost exceeded ten million dollars.

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

Originally Posted by Lunar

This article came up in today's news but it may have been posted before

Economic reports : Governor of the Central Bank :

This year's budget focused on increasing the volume of investment in Iraq
The Iraqi Media Network

Dr. Sinan Shabibi Governor of the Central Bank that this year's budget, the budget investment because it focused on the size of the investment Ziada.
And Shabibi said that the Central Bank's role is to address the imbalance resulting from the development process that will produce changes in the economic structure are basic.

He pointed out that the work of the Central Bank is to achieve development in a stable monetary attention through all means and policies to achieve economic stability and moderation in the environment straight and moderate inflation rate.

He continued : "Our budget for the preservation of resources, and will be achieved through combat inflation.

Stressing that the bank had several measures including raising the exchange rate of the dinar.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of the government, will increase by addressing inflation.

He added : Shabibi that this policy will increase the confidence dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to the reduction of prices of import goods such as private sector imports and the import of the government's development that come from the conversion of the Iraqi dinar to the dollar.
He added that this policy at the time weakens the ability of the government to buy the dinar, it strengthens Aldenarabraghi owned by the government.
Pointing out that the bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

Translated version of http://www.alitthad.com/paper.php?name=News&file=article&sid=23590

WOOT, even if it's been posted before, why rehash for the public again??? Me likey!!

News reports : Iraq put 15 privilege of oil and gas after the new law

Oil source : Fire Kirkuk oil wells would not affect Iraqi oil exports

Voices of Iraq Reuters : A source at the North Oil Company that the fire which broke out in the hot oil governorate of Kirkuk, at dawn on Thursday, would not affect the export of Iraqi oil from Kirkuk to the Turkish port of Ceyhan, pointing out that the fire was under control. The source, who refused to reveal his name. the Independent News Agency (Voices of Iraq) that the export of Iraqi oil from Kirkuk oil to the Turkish port of Ceyhan would not be affected by exposure in the hot oil junction (35 km northwest of Kirkuk).

The source explained that the export rates ranging from 120 to 150 thousand barrels in the export process from Kirkuk to the Turkish port of Ceyhan on the ground, on the Mediterranean Sea. The same source said earlier, on Thursday, l (Voices of Iraq) that a fire broke out, at dawn on Thursday, because of an act of sabotage, in the hot oil in the junction west of Kirkuk, explaining that the cause of the fire was an explosion.

The armed group last year, the bombing of three major oil wells in the oil fields Khbazeh (25 km south west of Kirkuk) Eventually, the Iraqi Oil Ministry and North Oil Company to call a Canadian-American company specializing in extinguishing fires in the oil wells were brought under control fires in three wells after the intervention of the foreign company in the matter. Exposed oil installations in Kirkuk oil to subversive acts since 2003 which resulted in the irregular Iraqi oil exports from Kirkuk oil to the Turkish port of Ceyhan.

The source pointed out that the Oil Ministry is trying since the beginning of the current year 2007 adoption of a new line of export extends across the provinces of Iraq's Kurdistan region because it is safer than areas that depend on the export of oil, which runs from Kirkuk to the Salah Al Din governorate and then the city of Mosul and Dohuk governorate up to the line connecting on the Iraqi-Turkish border and the Turkish port of Ceyhan on the Mediterranean Sea reality. The source concluded by saying that Iraq had not issued its oil regularly cross northern fields since 2003 due to sabotage oil pipelines hit in the region, while the losses stopped exports Kirkuk oil to the Turkish Ceyhan billions of dollars.

By another high-ranking official Iraqi oil ministry to put in the auction of 15 oil and gas has to be approved new oil law. Fayyad said Hassan blessing Director General of the Ministry of journalists "Iraq supplying 15 gas fields and for the first round of the auction after the law oil and gas, are preparing bids." He expected to be completed law within two or three months. waiting international oil companies passed the law that will determine investment rules in Iraq before pumping investments in the Iraqi oil sector. The Iraqi Oil Minister Hussein Shahrastani said earlier this month that all parties had agreed to adopt by the end of May.

Baghdad seeks to build four new oil refineries, at least to help eliminate the chronic shortage of fuel and said a blessing from New Delhi : Iraq hopes that the adoption of Indian companies, two of these refineries.

ÌÑíÏÉ ÇáÇÊÍÇÏ - ÇáÚÑÇÞ ÓíØÑÍ 15 ÇãÊíÇÒÇ ááäÝØ æÇáÛÇÒ ÈÚÏ ÇáÞÇäæä ÇáÌÏíÏ

Originally Posted by shotgunsusie

old skiier only steals from others so its not from him im rather sure. im sure he probably found it here and posted it over there and thats where you found it. lol

Hey, I am here and on other sites for one thing !!! and thats for information...and when I find something worth sharing( Which I promise you SGS I never use any of your post)....I share rather it is from here or to bring to here !!! so lighten up with the childish talk......
please !!!

Originally Posted by HyiperOne

I know arabic fluently, so I see the that the google translation was not right, he was not speaking about new notes, he is saying that the CBI is the issuer of the new notes and that it is it's responsibility to keep it's price at higher levels, so they won't allow it to drop.

Hope this may help

What they could be saying, is that. We have issued a new currency. Meaning that the new notes are already dispursed. Remember a couple weeks ago. All of the articles, talking about moving dinar all around!

Hey gang, lets try being civil ! These are tying times for all here., Please keep the remarks clean, and not so accusing. No matter where the Info is gathered it is still INFO. and I for one appreciate every little tid bit of Info i can get on here . This RV is so SHOULD HAVE been done Last year, but wasn't. I just want to hear and see WHOOOOOOOTS after Sunday! IF it RV's Then. BOB

Yeah Oldskiier, we all know that some certain people here get up to the minute reports directly from Iraqi officials, via their special bat cave, red light up phones.... they don't COPY and PASTE EVERYTHING THAT THEY POST now do they? So when things are posted using COPY and PASTE, that is NOT stealing, see the difference? (sarcasm)

Have we noticed this was from Feb.24 2007 .........??????


shotgunsusie
Senior Investor Join Date: Sep 2006
Location: TOP OF THE WORLD!
Posts: 5,730




--------------------------------------------------------------------------------

Quote:
Originally Posted by H2O_Lover
Kurds support new oil law, a key benchmark
Agreement to share oil wealth could open economy to new investments

SULAIMANIYAH, Iraq - Kurdish authorities have agreed to back a draft law to manage and share Iraq’s vast oil wealth, removing the last major obstacle to approving the measure and meeting a key U.S. benchmark in Iraq, a top Kurdish official said Saturday.
Approval of a new oil law could help open the way for international oil companies to invest billions to upgrade Iraq’s decrepit wells and pipelines and exploit the country’s reserves, among the world’s largest.

The bill also provides a formula for distributing revenues among all major ethnic and religious groups, easing Sunni fears of being cut out of a future bonanza because their central and western homelands lack extensive reserves.

Massoud Barzani, president of the self-governing Kurdish administration in the north, announced the agreement at a joint press conference with U.S. Ambassador Zalmay Khalilzad and President Jalal Talabani. Barzani said he and Talabani had discussed the latest draft law by telephone with Prime Minister Nouri al-Maliki.

“We reached a final agreement,” Barzani said. “We accept the draft.”

Delay in adopting deal
There was no comment on the announcement from Khalilzad or Talabani, and Barzani did not elaborate. It was unclear whether new concessions had to be made to win his approval.

Al-Maliki’s government had promised to enact a new oil law by the end of 2006 but missed the deadline due to objections from the Kurds, who wanted a greater role in awarding contracts and administering the revenues.

The Cabinet discussed the draft Thursday but failed to agree. Once the Cabinet signs off, the measure goes to parliament for final approval once the legislators return from a recess early next month.

Kurds agree to share Iraqi oil wealth - Conflict in Iraq - MSNBC.com

GRABBIN YOUR FEATHERED A$$ UP AND KISSIN YOU RIGHT ON THE BEAK!!!!!