Thread: Iraq/Dinar News until 6/17/07 8:30 PM CST

Iraq speaker ordered on leave after brawl

BAGHDAD (AFP) - Iraq's parliament on Sunday sent its Sunni speaker Mahmud Mashhadani on indefinite leave after he allegedly ordered his bodyguards to beat up a fellow MP, a lawmaker said.
Mashhadani, known for his loud rhetoric in parliament, set his bodyguards on Fariyad Mohammed after a heated verbal exchange outside the parliament hall, according to lawmaker Abdul Karim Anizi.
"There was an argument between the bodyguards of the speaker and Mohammed. Mashhadani then ordered his men to beat the Shiite MP," said Anizi, from Iraq's ruling Shiite alliance.
Parliament then convened a session, he added, in which it was decided to "send Mashhadani on indefinite leave and ask his deputy Khalid al-Attiya to take over ... until a new speaker is elected."
Anizi said parliament also told the Sunni National Concord Front, the main Sunni political bloc in the 275-member parliament, to forward a new name for the post of the speaker.
Mashhadani is a religious fundamentalist of the Salafi school whose death sentence under
Saddam Hussein's regime was commuted to a 15-year prison term in 2000 after he bribed the judge.
A doctor by trade, the Baghdad native helped create the National Dialogue Front, one of the Sunni parties that belong to the 44-seat Sunni National Concord Front coalition.


Iraq speaker ordered on leave after brawl - Yahoo! News

I am a little confused with this article . does it mean that the RV of the dinar will be prolonged till Sept. I Thought that the CBI was in main control of the moneies in Iraq. will the CBI still have the upper hand on the RV . Sorry but everyday I try to keep up with theses post some are very hard for the Layman to digest.seems like a lot of double talk to me. some one pleaase help me out here---WHO controls The currency In Iraq? Sorry i don't completely under stand this. BOB

"Expect news agencies oil passage of a law within two months"

That's what popped out at me Bob. Within meaning ~ could be tomorrow, could be August 10th. (August 10th is two months from today )

I just follow along for the ride biting my tongue from asking "Are we there YET?!?!"

Tiff

The economic event : the transition to a market economy

Baghdad : Mohammed Khodeir Saadi
Characterized by the Iraqi economy over the last four decades subjection full control of the State, which had control over every section of the economy - the financial, commercial, industrial and converted into joints like all Balaskarih for the permanency of daily life in Iraq as well as Iraq's economy from the ravages of deterioration and destruction after the invasion of Kuwait, which led to the destruction of infrastructure infrastructure and economic underpinnings result of the military operations carried out by coalition countries in the early 1990s of the last century, which followed the imposition of a comprehensive embargo lasted for more than thirteen years, during which Iraq's foreign freezing of the funds.

In addition to what happened to the Iraqi economy in the wake of 9 April 2003 the destruction of its industrial, commercial, financial, educational, military and public institutions because of the looting and wanton destruction not only of these institutions, but all forms of public money movable and immovable addition to the flow of goods across the border gates open without any control, whether technical or administrative or legal controls. As a result of changes in the country and presumably orientation towards the building of democracy and that of its first tasks, freeing the economy from state control and the transition to a free economy or a market economy through the transfer of governmental administration of the economic system to a totalitarian Brlh economy including the strengthening of the role of the private sector in implementing this policy and allow him to play a key role in economic reform and reconstruction of the country.

The principles that underlie the pattern of a market economy :
Economic researcher on the bread recall that the pattern of a market economy based on fundamental principles first supply and demand means that the production process is governed by market forces and determined by the consumer, sectors and products and brands and intermediaries, The second is the principle of competition and competitiveness and ensuring the pursuit of satisfying customer proposal and production products and services to meet the wishes and third principle is based on the concept of adaptation and flexibility through the creation of mechanisms to help develop production in light of the circumstances and changes from the viewpoint that the market is flux.

And the market economy helps to mobilize resources and good conduct and confer on the management principle of success and the possibility of reaching the highest possible level of performance and so we see the validity of the pattern of a market economy for developing countries, which typically lack the resources complaining that the principles valid for all kinds of products and services).

Requires transition to a market economy several measures include the liberalization of economic activity and prices and market operations in a manner consistent with the reallocation of resources and more efficient use also requires an effective management of institutions and economic efficiency through privatization and restructuring and the establishment of a legal and institutional framework to ensure property rights according to the law and force transparent the market.

-- Impediments transition to a market economy in Iraq :
The writer and analyst Alstratigi Dr. Ghazwan Hadi : (The process of transition to a market economy hampered by deposition of government intervention in the market to control the movement of colossal public sector interventions represented the state in guiding the economy one of the most important features of totalitarian regimes At the same time the remnants of this intervention is one of the most important impediments to the transition to a market economy in transition institutionalized system of the State democratic governance and the unique Iraq in the transition to a market economy there were difficulties progress difficult obstacles added to this transition, these difficulties interact with each other to constitute an obstacle to the transition to democracy and the adoption of a market economy, including :

First-worsening security situation :
The deteriorating security situation is the first challenge in the face of all endeavors to move the Iraqi economy to an advanced economy led the market (supply and demand), Dubamin deterioration of the security situation in the market due to lack Group President engine of the economy represented a sense of security and defense money while increasing threats on the lives of workers in the market and their movable and immovable less optional activity or reduced commensurate with the size of a room or security available to them to ensure their needs living without ambition towards development and even viability. As well as posing threats deteriorating security situation tense about working in the local market for senior traders and importers, which stands case for both domestic and international investors and the proportion of this reluctance is directly proportional to the worsening security situation and resulting in a permanent move to investors and traders Iraqis and others to work outside the Iraqi market to escape the pressures posed by the deteriorating security situation on the good performance of their duties.

Second-high unemployment rates :
The high rate of unemployment in the transition to a market economy limiting factor in achieving this transition because overcome unemployment in Iraq, 50% form halt to the movement of the market, increase the proportion of poverty and the decline of per capita income and thus the national income, as well as causing low standard of living of the individual.
This decline, which threatens the future of the national economy and is working retreat to the level of economic development in the transition to a market economy, and rising standard of living of the individual and the average per capita income rising an element mobility President of the economy and thus the transition to a market economy governed by the will and wishes of Rappotnen entry.

Third-growing economic inflation :
..Ghazwan, Dr. Hadi inflation economic concomitant phase transition to a market economy because of increased demand in light of this stage of key goods and services in return for limited supply, which was jolted govern the State through the public sector and inflation volume commensurate with the level of the previous intervention of the public sector in government market movement at the same time with the shortage of goods and services and increased demand in the transition phase, but exceeded the inflation rate (100%) means low volume saturation of the citizen of goods and services Chairperson half, which drives towards different goals transition to a market economy and the continued rise in inflation rates which confirms the decline in the volume saturation resulting in transition or in the reverse direction heterosexualization of the market economy in transition to a market economy where appropriate ratios are low unemployment and increase the volume of saturation to the needs of the citizens of goods and services Chairperson and average per capita income rising ..

Fourth-forced displacement :
Toys forced displacement of families from shops in the home districts of Baghdad and some provinces of the country played a major role in slowing movement Iraqi economy to a market economy, It has caused an increase in the volume of economic inflation rate of 30% as well as the mechanism of transmission of the movement of labor between cities and the impact of the movement in the labor market resulting in the increase in demand versus supply here and the increase of supply versus demand is also led to the transmission of movement of labor between according to provide jobs and job opportunities in the form of areas to expatriates. Added to this role forced to stop the partial or total disruption of some projects of all sizes, small, medium and large brain and skilled workers and unskilled, economists, investors and businessmen outside the border to escape the pressures posed by the phenomenon of forced displacement.

Fifth V-reverse migration :
Known internal migration in all the countries of the world as migration from the countryside and cities to the capital as a source of economic attraction, and access to job opportunities and achieve success and profits. This is even more migration in the transition to a market economy, but what happened in Iraq in the transition to a market economy opposite. Worsening the situation and the fact that one of the capital Baghdad hot spots targeting terrorist operations and the practice of forced displacement in some regions of each payment to the formation of a unique phenomenon can be branded b (reverse migration) an exodus from the capital, and economic attractions because of the seriousness of life and investments to cities and provinces relatively quiet and this migration included a transfer of work and projects and investments in various forms to these areas de****e the weak market movement, which led to low productivity and production, profits and therefore some decay and thus an end to such investments or set them temporarily than counting the cause of the decline of the market movement.

Sixth-and unclear economic vision :
The Iraqi economy suffers poor visibility due to the lack of the ability to determine the right steps for the transition to a market economy. It comes because of reliance on theories not proven its vitality tests or because many of these theories and experiences of Attensjm with the facts of the new Iraqi economic, cultural and social, psychological and lack of application in the circumstances of progress experienced by the country and the high proportion of popular rejection of such ideas and economic trends into account the lack of privacy cultural and social the Iraqi citizen and not anticipate the volume of injustice done to the Iraqi citizen in the past and the suffering at this stage and delinquency citizens about compensation injustice and deprivation. This has been ongoing in some applications such as raising the prices of oil derivatives, which is the root of unemployment, inflation and the big increase in the numbers of citizens living below the poverty line and the continued lack of clarity of vision in the pursuit of the abolition of government support for food and fuel may push the transition to a market economy to the end of the road opposite the transmitting the Iraqi people to the people of the high proportion of hungry people covered the poverty line to 60% and higher rates of unemployment and inflation from its current economic and stop the movement of work while the right endeavor for the transition to a market economy requires continued government support and gradually reduced to commensurate with the decline in the volume of unemployment, inflation and rising average individual and the improvement its living standard.

http://64.233.179.104/translate_c?hl...%26sid%3D22957

Thank you tiff. BUMP.

Has anyone read/heard anything more about that package of some 50 laws/amendments...I thought something was supposed to happen on that around 15 June ?

thanks OrdinarySeaWomn

Originally Posted by ordinaryseawoman

Has anyone read/heard anything more about that package of some 50 laws/amendments...I thought something was supposed to happen on that around 15 June ?

thanks OrdinarySeaWomn

STILL ON TRACK BUT FOR THE 17th (as the 15th is Friday) but, at last count there are over 70 amendments...everyone is loading it up because it is a package vote "all or nothing.."

Although, 140 the government seems to think it can do without having an amendment and they already have a 140 commission looking into just implementing the vote aspect...they seem to feel (from the majority of government press releases) that they can do the resettling through the commission - NO NEED for a Shiti Parliament to actually vote to remove Shiti families from their homes...


http://www.rolclub.com/iraqi-dinar-d...stitution.html

Battle Over Bush Oil Law ProposalWould Privatize More Oil Fields
By Tomas Roman

Jun. 10 - KGO - The threat of violence is of course a major concern for Iraqis, but so too is how to handle the country's oil resources. The Bush administration claims its plan to privatize production is the best way to rebuild Iraq's infrastructure. But representatives from Iraq's oil industry say the plan gives too much control to foreign interests. They're touring California right now to convey that message.

Most of the Iraqi oil wells which were destroyed during the first Gulf War and in the past four years may soon be under foreign control. A law backed by the Bush administration and now in Iraq's parliament would give control of the majority of these fields to foreign oil companies for about 30 years.

Severin Borenstein, U.C. Energy Institute: "There's a lot of expertise in the United States and in some other oil companies that simply doesn't exist in Iraq -- that they're going to need to make efficient use of these oil fields."

The plan is to privatize two thirds of the oil production with Iraq maintaining the other third. Two Iraqi labor leaders spoke in San Jose Sunday. They agree that Iraq needs help. But not so much that it has to give away It is one great natural resource for 30 years.

Faleh Abood Umara, Iraq Federation of Oil Trade Unions: "Improve the oil wells helping in the maintenance then leaving afterwards after getting their money."

Hashmeya Muhsinhussein is with the Electrical Utility Workers Union. Faleh Abood Umara is with the Federation of Oil Workers . They say the more than 60,000 Iraq electrical and oil workers they represent could strike -- paralyzing the country and stopping all oil production if parliament agrees with the Bush administration. Because of their stand they have faced death threats.

Hashmeya Mushin Hussein, Iraq Electrical Util. Workers Union: "But if every Iraqi says they're afraid nothing will happen."

Both see the law as an excuse for the U.S. and Europe to steal their oil.

While these two labor leaders are against the move to privatize the oil production some analysts believe it's the only way to help rebuild the country.

Patrick Hatcher of the University of San Francisco agrees with the U.S. stand. The Iraqi's need help to rebuild so we can leave.

Patrick Hatcher Ph.D., University of San Francisco: "We want it to work. Soon and start gaining revenues to build the country with. Not just our money via taxpayers' money."

The Iraqi Parliament is expected to vote on the new law this October.


Copyright 2007, ABC7/KGO-TV/DT.

abc7news.com:

Originally Posted by Lunar

Battle Over Bush Oil Law ProposalWould Privatize More Oil Fields
By Tomas Roman

Jun. 10 - KGO - The threat of violence is of course a major concern for Iraqis, but so too is how to handle the country's oil resources. The Bush administration claims its plan to privatize production is the best way to rebuild Iraq's infrastructure. But representatives from Iraq's oil industry say the plan gives too much control to foreign interests. They're touring California right now to convey that message.

Most of the Iraqi oil wells which were destroyed during the first Gulf War and in the past four years may soon be under foreign control. A law backed by the Bush administration and now in Iraq's parliament would give control of the majority of these fields to foreign oil companies for about 30 years.

Severin Borenstein, U.C. Energy Institute: "There's a lot of expertise in the United States and in some other oil companies that simply doesn't exist in Iraq -- that they're going to need to make efficient use of these oil fields."

The plan is to privatize two thirds of the oil production with Iraq maintaining the other third. Two Iraqi labor leaders spoke in San Jose Sunday. They agree that Iraq needs help. But not so much that it has to give away It is one great natural resource for 30 years.

Faleh Abood Umara, Iraq Federation of Oil Trade Unions: "Improve the oil wells helping in the maintenance then leaving afterwards after getting their money."

Hashmeya Muhsinhussein is with the Electrical Utility Workers Union. Faleh Abood Umara is with the Federation of Oil Workers . They say the more than 60,000 Iraq electrical and oil workers they represent could strike -- paralyzing the country and stopping all oil production if parliament agrees with the Bush administration. Because of their stand they have faced death threats.

Hashmeya Mushin Hussein, Iraq Electrical Util. Workers Union: "But if every Iraqi says they're afraid nothing will happen."

Both see the law as an excuse for the U.S. and Europe to steal their oil.

While these two labor leaders are against the move to privatize the oil production some analysts believe it's the only way to help rebuild the country.

Patrick Hatcher of the University of San Francisco agrees with the U.S. stand. The Iraqi's need help to rebuild so we can leave.

Patrick Hatcher Ph.D., University of San Francisco: "We want it to work. Soon and start gaining revenues to build the country with. Not just our money via taxpayers' money."

The Iraqi Parliament is expected to vote on the new law this October.


Copyright 2007, ABC7/KGO-TV/DT.

abc7news.com:

Where do the news media people come up with these dates?? Do you randomly pull them out of hats.

Oil Refinery

Source : Sabah Al-10/06/2007

Gaining the petroleum refining industry, which is one of the most important phases of integrated operations in the petroleum industry, particularly important since beginning prospecting, exploration and expiring marketing products, enjoy being characterized as the only means by which we can use the crude oil extracted from beneath the ground, and the importance of this lies in the derivatives used for many purposes including household cooking and heating and is also used widely in the Transportation Department in the machine and as a precursor in chemical and Petrochemical Industries and complains of these refineries the decline in production due to obsolescence and although installations are complex and charged its huge capital where the industry looks set of production units and warehouses for the storage of crude oil. In Iraq, there was a need to support this industry and renovation instead of spending money on importing oil derivatives, in order to meet the market needs of the local Iraqi oil products rather than relying on the exports of neighboring oil derivatives, The activation energy of domestic productive so they can obtain additional financial resources through export of surplus petroleum products, and this means diversifying export products and not only on the export of crude oil, thus improving the balance of payments with any economic balance, which is one of the objectives of the country's economic policy, because the industry sophisticated oil refinery in Iraq will enable us to redouble Ward ton of crude oil to about ten times when selling oil products, oil experts have estimated that the refinery 20 million tons of crude oil will give us the equivalent of the sale of 200 tons of crude oil annually.
The oil refining industry will help the Iraqi economy to the free exchange of crude oil from the constraints of external pressure and to enhance the positive aspects of the balance of payments.