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

Originally Posted by wciappetta

The following suggests to me that the CBI may have met its inflation target, which is why they slowed the appreciation of the dinar –[adjustment for inflation] Perhaps now is the time for leaping to the former level…..

Page 14 of the weekly record

http://www.state.gov/documents/organization/86626.pdf


Central Bank’s US Dollar (USD) Currency Auction:
• The following table shows volume sold of and exchange rates for USD in the Iraqi currency auction since April. Since
September, the Central Bank of Iraq (CBI) has slowly appreciated the dinar, as suggested by the IMF, in an effort to rein in
galloping inflation. There are early signs that this effort may have begun to bear fruit, as year- to- date inflation is 2.8%,
which projects a pace well below the IMF annual target of 30%. However, this decline in the rate of inflation may be
temporary, as the CBI has slowed its appreciation of the currency and the rate of inflation (particularly for energy prices)
typically picks up in the second half of the year.

excellent point. another reason for the delays we have witnessed that everyone keeps asking, 'what are they waiting on now?', about.

Zebari : political reforms were initiated by our government

(Voice of Iraq) - 17-06-2007

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Zebari : political reforms were initiated by the government .. We are not bound by any timetable

He told «Middle East» that unlike the American Congress and the administration negatively affects the situation in Iraq

New York : Salah Awwad
The Iraqi Foreign Minister Hoshyar Zebari, that the government of Nuri al-Maliki was not obliged to schedule or timetable for the implementation of what was agreed upon issues of constitution amendment and the law of oil and gas and other issues. Zebari explained in a conversation with «Middle East» happened in New York «The problem that we face in the speedy implementation of these things». The Iraqi minister timetable for the implementation of what was agreed upon that is artificially by the complexity of the Iraqi situation from the political and security. He went on to say «that the current government is not ideal and this always what we say and there were mistakes and failures and challenges». He also pointed to the negative impact on the Iraqi arena for political debate, which witnessed the American arena on Iraq in a U.S. presidential elections, saying «these differences that we observe between the American administration and the Congress adversely affect the security and political situation in Iraq and send letters wrong». In regard to the Iranian American dialogue, Zebari sign that the parties of the recent meetings in the near future, but he added, saying «that both sides look to achieve some tangible results on the ground».

The following is the text of the interview :

Where is the project of national reconciliation and there are some parties say that the project did not achieve any of its objectives? In order to be clear that there is a lot of political objectives presented as dictates or if claims U.S. foreign or Arab. But, in essence, are the goals and objectives within the Iraqi government; National reconciliation is the first to announce it is the Prime Minister (Nuri al-Maliki). There is also the issue of reviewing the Constitution, and this issue is the Iraqi commitment to ourselves when we adopted the Constitution and no one came to the orders to carry out this work. When we voted on this constitution and we paragraph regarding constitutional review. We also (Iraqis) who decided to review the law abolishing the Baath within certain rules and we also took the initiative in drafting the oil and gas to be this law nationally, fair and secure distribution of the national wealth to all areas and to all people with justice and equality. The problem that we face is how quickly implement these things. We basically non-binding deadlines or timetables associated Istanbul certain other countries and that these laws related to the future of coming generations, and when legislation must embark on sound foundations and the foundations of consensus so we give room for continuity.

>

But there is a clear cash and issued several quarters, including the American government to perform Maliki. Certainly, the current government is not ideal, and this is what we say always, and there are mistakes and failures and challenges, but at the same time there are achievements and progress in a lot of issues. Since the government is elected and responsible nature in each case would Monetary us, and I am a member of this government. But the challenges facing the government of national unity usually especially in terms of security with them in difficult circumstances to achieve compatibility and to achieve agreement, and this affects the speed of action and progress. The government was seeking to make progress in the program and at many levels. But unfortunately, that news tyrant in the world media is Almvkhkhat news of the explosions, murder and destroy holy sites. There is no explore and investigate, for example, the government budget for the projects and achievements made by being achieved on the ground, and these things are usually absent from the media.

>

Of the issues raised is the question of the Kurdish insistence on the implementation of article 140 of the Constitution relating to the city of Kirkuk. There are calls for the postponement of the implementation of this article, a result of gravity currently Are you with the postponement? I do not think that the issue any statements or any statement on the postponement of approval, and Article 140 which will be implemented in stages; Including a normalization phase Statistics, a referendum. According to my reading of the political situation, the Kurdish leaders would not accept any postponement, has declared this position frankly and openly before the world. It is important for us to take things for now and gradually, a series of technical procedures and the process that must be applied on the ground even reach the final stage of implementation in practical side is sentenced in the course of this process and not political or claim by issuing a statement to postpone the referendum. Do you find any link between the threat and the issue of Turkish insistence on the implementation of article on the city of Kirkuk?

I do not think the fact that such a link, and this theme Iraqi constitutional rather than Turkey, any income, and the city of Kirkuk are Turkish and Iraqi Turkey has no right to interfere. If Turkey's ambitions in Iraq and wants to control on the basis of these ambitions is another matter.

>

The one meeting between Americans and Iranians, would be followed by another meeting of this meeting and what are your reading of this meeting?

..

Certainly .. As I know this meeting will be followed by meetings that took place in Baghdad, in Sharm el-Sheikh to follow up, but I think, both sides look to achieve some tangible results. For us Iraqi government, we are not neutral in this matter and we say in this matter. The issue being discussed between the United States and Iran on the future of Iraq may not be for us to stand on the fence on this issue .. We have enough of the concerns and things and the challenges we face every day and we can accept that turning Iraq into an arena for settling accounts.

>

It is clear that there is broad Iranian interference in Iraq, what are the demands of the Iraqi government of Iran, specifically in this period? It is known that Iran is a neighbor and is very strong in our interest to have good relations with whatever political system controlled in Iran, Iran does not accept nor any other State can control our destiny or interfere in our internal affairs, We do not want interference in their internal affairs or make ourselves guardians to choose the political system.

>

What happened to the diplomatic exchange between Syria and Iraq? Be exchanged ambassadors?

ـ

We re-establish diplomatic relations with Syria and we are in the stage of exchanging ambassadors in the near future, we also decided to send ambassadors to us to Egypt, Saudi Arabia and Kuwait and all countries in the region soon, God willing. We understand the nature of the security situation and leave them with the option to send ambassadors when the situation is appropriate for them and to create favorable conditions for them.

>

You know that the United States is on the verge of a presidential election, the American arena has been fierce debate about the war in Iraq and the American intervention How in your view would affect this hot debate on the situation in Iraq? In fact, this debate will inevitably affect the internal situation in Iraq, would encourage anti-government groups. We believe that these differences that we observe between the American administration and the Congress adversely affect the security and political situation in Iraq, draws political messages very wrong signal to terrorists and extremists on the grounds that the non-uniform administration over Iraq and divided, and this contributes to raise the morale of opponents of the political process in Iraq.

>

What the impact of the action taken by block Iyad Allawi and other political blocs to establish a new political front opposed to the government of Maliki?


Within the democratic climate prevailing in Iraq, it is the right of all the political blocs to move for the national interest. I believe that such moves must be within Iraq and on the ground because the political forces and national leaders and the existing blocs is the only one who decides the fate of the government and the country. We can determine the fate of the foreign forces.

>

But these blocs talking now in the search for another alternative to the government-Malki.

ـ

No parliament could use this mechanism and there is no institutions for jurisdiction, but the search for a replacement from abroad seems to be very difficult, there is no constitution or institutions allow this process coup.

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

Bush Envoy to Iraq reminds Iraqis «Bill Mays»

(Voice of Iraq) - 17-06-2007

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Bush Envoy to Iraq reminds Iraqis «Bill Mays» British

Talabani discussed with Megan O'Sullivan political developments

BAGHDAD : Numan Alheims
Recalled Iraqis personality «Bill Mays», British citizenship provided to Iraq beginning of the past century, to hear the news of the arrival of Megan O'Sullivan his American President George Bush to Iraq the night before last.
Played «Bill Mays» prominent role in the political situation in Iraq during that period, and earned the title of the maker of kings, and the culmination of their efforts yielded Faisal I as king of Iraq in a first step to build the modern state of Iraq after World War II, and spent long youth in Iraq and died in it.

Observers believe the current situation in Iraq claim that O'Sullivan played a similar role in Iraq landing start of the third millennium, and their presence helps the Iraqi people overcome the ordeal result of deteriorating security situation and the challenges of the security and political situation. Informed sources in the American embassy told «Middle East» that O'Sullivan and Ryan Crocker American Ambassador to Iraq constitute a landmark in the bilateral work; As it had been for them and worked together in Afghanistan, indicating that the task Envoy in Iraq is not permanent, but for a limited period, devoted presence in Iraq to provide advice and support to the elected Iraqi government in order to overcome the difficulties of the current phase, to the virtues of background and previous experience in the country. In the first task discussed with Iraqi President Jalal Talabani, the overall political developments and update the situation in Iraq and how to address the security challenges and political.

Middle East

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

«Consensus» adheres Palmchidani Chairman of the Parliament

(Voice of Iraq) - 17-06-2007

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Her pledge his resignation was «to absorb» effects of the crisis verbal scuffle

BAGHDAD : «Middle East»
Retreated Accord Front, the largest bloc of Arab Sunnis in the Iraqi Parliament, yesterday pledged to submit Mahmoud Almchidani resignation from the presidency of the House of Representatives (parliament), and confirmed its adherence Palmchidani, who had originally been nominated as Chairman of the Board. He said Hassan al-Janabi deputy in the parliament «decided Accord Front after several meetings and consultations to adopt a unified position to uphold continuously Almchidani President of the Iraqi parliament». According to the agencies «b a d-Avi», explained that the position of front-Janabi last week's Council meeting where a vote on the replacement Almchidani, was «a politically aims to absorb the effects of the crisis that took place after an argument between the President of the Council and a member of the coalition bloc in the parliament», pointing out that the process of voting against Almchidani was unconstitutional.
The Almchidani had rejected in a press conference a request to remove him from the presidency of the parliament, and requires recourse to Article 12 of the rules of procedure of the Council and article 49 of the Iraqi Constitution. The Accord Front, which controls 44 seats in parliament had promised replacement Almchidani and his successor within a week following an argument with Deputy Fried Omar coalition of Shiite bloc in the parliament. The fifth paragraph of Article 49 in the Iraqi constitution to take the House legally address situations where the replacement of its members to resign or impeachment or death.

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

Gates spoke in Iraq as indicators of positive and negative

(Voice of Iraq) - 17-06-2007

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Gates spoke in Iraq as indicators of positive and negative ...

»

BAGHDAD : start a broad against «Qaeda», al-Sadr's movement accuses Iran, undermining the «South»
Baghdad life-17/06/07 / /

The American Defense Secretary Robert Gates yesterday in Baghdad with senior leaders and Ambassador Ryan Crocker «that progress has been made in reducing the level of violence in Iraq as a result of increasing the number of American forces to 160 thousand military» ago to meet Prime Minister Nuri al-Maliki and members of the Presidency and Iraqi Defense Minister Abdul Qadir Obeidi to discuss updates on the progress in the area of national reconciliation.

With the announcement, Ambassador Crocker «The progress is still slow to be disappointingly» Gates pointed to the improved security situation in Anbar, but noted that the security turmoil continues in the province of Diyala. He said : «relation to the security situation, we still have three months ... there are some positive signs and some negative indicators also».

Gates announced that the results of strategic security in Baghdad began to emerge following the completion of several forces involved, stressing that «It is too early to know whether they will clarify the circumstances in September (September) next to take the decision to reduce forces».

He continued : «expressed yesterday I think that we will see some signs and be able to determine what direction we will take in next September, but the actual impact of the security plan begun actively now». It is supposed to raise commander of the American forces in Iraq, General David Petrios Croker in the September report to Congress which called into question the feasibility of increasing troops in Iraq.

Gates and coincided with the visit to the Iraqi capital, where he arrived secretly Friday, with the start of the American Army, a broad against major strongholds of the organization «Al Qaeda in Mesopotamia» in the vicinity of Baghdad, where urbanization car bombs for use in the bombing, As General Petraeus, who explained that the process will allow the stationing of American forces in areas surrounding Baghdad. He added that the completion of increasing the number of American forces is allowed to launch operations for the first time «in a number of areas around Baghdad, and specifically in areas considered safe for base stations».

With the explosion of the goat Sahabi Talha bin Obaidullah, a mosque «ten missionaries heaven» in Basra Maliki announced that the government signed a contract with the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the reconstruction of the goat military Imams in Samarra. Dan Ali al-Sistani, the supreme Shiite shrine bombing Sahabi and Sunni mosques.

With the invitation of Shiite leader Muqtada al-Sadr's Shiite Iraqis to march towards Samarra carrying olive branches accused Islamists, Sheikh Laos Khafaji assistant prominent shift Iran «to the strategic depth of Al-Qaeda in Iraq», pointing out «intelligence involvement in acts of sabotage in southern Iraq». Khafaji spoke about information received by the Office of the chest that «Iranian intelligence (Ettela'at) were led operations room officer known as Mohammed strengthens, its armed operations planning and implementation in order to destabilize the south of Iraq and undermine the case the relative stability enjoyed by».

He stressed that this organ mini «attracted a large number of leaders of the security agencies in the region, specifically those engaged in the army and police forces in the framework of the integration militias, and others took positions through quotas partisan». He said : «The elements Ettela'at providing substantial support to Al Qaeda gangs in the south and center, which practiced terrorism against the Iraqi people».

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

Originally Posted by wciappetta

The following suggests to me that the CBI may have met its inflation target, which is why they slowed the appreciation of the dinar –[adjustment for inflation] Perhaps now is the time for leaping to the former level…..

Page 14 of the weekly record

http://www.state.gov/documents/organization/86626.pdf


Central Bank’s US Dollar (USD) Currency Auction:
• The following table shows volume sold of and exchange rates for USD in the Iraqi currency auction since April. Since
September, the Central Bank of Iraq (CBI) has slowly appreciated the dinar, as suggested by the IMF, in an effort to rein in
galloping inflation. There are early signs that this effort may have begun to bear fruit, as year- to- date inflation is 2.8%,
which projects a pace well below the IMF annual target of 30%. However, this decline in the rate of inflation may be
temporary, as the CBI has slowed its appreciation of the currency and the rate of inflation (particularly for energy prices)
typically picks up in the second half of the year.

Hi wc, do you have a link to the inflation @ 2.8%
Thanks, barmurphy

Originally Posted by oldskiier

Not one friken word about the Economic surge or unemployment or the need to get every Iraqi money to kick start the economy !!! What the hell is the matter with these guys ????......

Originally Posted by barmurphy

Hi wc, do you have a link to the inflation @ 2.8%
Thanks, barmurphy

http://www.state.gov/documents/organization/86626.pdf

Page 14

Originally Posted by shotgunsusie

excellent point. another reason for the delays we have witnessed that everyone keeps asking, 'what are they waiting on now?', about.

In light of the article IV news of late April/ mid May, this is a bit of interesting news.

Originally Posted by wciappetta

In light of the article IV news of late April/ mid May, this is a bit of interesting news.

Ward,
Thanks for article. I wonder since Article IV has been announced in April/May
that they might just be ready for Article VIII. Sure hope so.
LIT