The awakening : Anbar have sources to gather accurate information
(Voice of Iraq) - 04-10-2006 | This issue was sent to a friend
The awakening : Anbar have sources to gather accurate information on the terrorists in Ramadi
Baghdad-Ramadi / long
Revealed "the awakening of the people of Anbar," The activity which aims at the elimination of terrorists and extremist elements do not include the city of Ramadi, but concentrated in the areas of the island and sweet located to the north of Ramadi.
The spokesman said the media in the Council Sheikh Moayed Ibrahim Hamash told (long) announced yesterday that the presence of governor of Anbar, Mamoun Alaloni and local government council in Ramadi, the Council is prevented from expanding the scope of its activities to include the city of Ramadi is the capital of Anbar province.
The correspondent (range) in Ramadi had quoted eyewitnesses in the city that the organization "Tawhid and Jihad", which is based in Ramadi, posted leaflets on the walls of schools and government departments invites schoolchildren and university students to boycott the current academic year.
The eyewitness said that the publications threatened everyone who did not comply with this call hurt, as called for the students to unnecessary homes and not to go to the schools and colleges for fear of oppression organization known Bdmoith.
The Hamash, commenting on this information, that Qaida activity continues in Ramadi because of the abandonment, which represents the government functions and to trust silence, explaining that "we do not want to enter the city of Ramadi is the existence of a governing council and the governor, They opposed our efforts in enforcing security and stability in the whole of Anbar. "
He added : "There is no governance in Ramadi. Mamoun Rasheed (the governor) is sitting at home. The members of the local government have rented houses in the area (four streets) in the Yarmuk district of Baghdad and sat there. Ramadi and left for terrorists.
Hamash but stressed that "the awakening of the people of Anbar" currently have top lines of communication within the city of Ramadi, to gather accurate information about the elements involved in terrorism and intimidation in order to eliminate them at the appropriate time, stressing that the people of Ramadi find in our last hope to save them from the roar of violence, which burn their city various means death.
And recent activity of the police in Anbar Hamash said that the police formed recently to practice his security in Anbar directly linked's awakening, nor do with the Governor of Anbar or the government, He emphasized that this issue was the focus of discussion at the recent meeting between Prime Minister Nuri al-Maliki, the number of contributors in the Senate.
The Hamash Maliki promised that "the awakening of the people of Anbar," that he would inform them within two weeks how to find a formula for the legal work of the Council, without some inconsistencies in the terms of reference and powers and pointed out that the police in Ramadi will happen in the event of being forced to operate under the command of the governor or the Governing Council.
He continued, saying : We expect the government to support us to the legalization of our work, which aims to extend the authority of law in Anbar away from any personal interests.
And on the position of the Council of armed operations carried out by some groups against the American forces in Ramadi, Hamash said, "We are against the honorable resistance. But we are against terrorism. We are against kidnappings, murder and intimidation targeting innocent people. " He, however, saying that "part of Iraq's Anbar. and Iraq is occupied, when what got the whole of Iraq to fight the occupier, the Anbar will be at the forefront. now we must think of the restoration of security and reconstruction of the country. "
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03-10-2006, 09:40 PM #10831
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03-10-2006, 09:41 PM #10832
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Blue found this on other forum, great find. In the words of Susie, this has to be worth a WOOT! LOL. I love this line.....
He said Iraq's largest ever budget for services have been set up and a new investment law would be adopted to open the way for the foreign and national businesses.
POL-IRAQ-US SENATE
Iraqi leaders assure US senators of determination to fight terrorism
BAGHDAD, Oct 3 (KUNA) -- Iraqi leaders on Tuesday underlined necessity to bring to success the country's national conciliation efforts, affirming determination to fight terrorism.
Iraqi President Jalal Talabani and Prime Minister Nouri Maliki made the remarks during separate receptions of a delegation representing the United States Senate, led by Majority Leader Bill Frist and Senator Mel Martinez.
During a meeting with Talabani, the Iraqi president told the American lawmakers that 20 days ahead of the convocation of the Iraqi political forces national conciliation conference, "the circle to fight terrorists is enlarging".
"We are determined to make a successful conciliation process and to maintain security and stability in Iraq," Talabani was quoted as saying.
He said the popular circle to fight terrorists began to enlarge and a strong will to abandon sectarian violence persisted.
On his part, Maliki told the US legislators that militias were not welcomed in a civilised nation like Iraq.
He said the Iraqi government was pursuing a military and political line in dealing with the outlawed militias.
According to an official statement, Maliki said the government has made great achievements to end the bloodshed in the country.
He said the government would reinforce its security potentials and improve services in a drive to fight terrorism.
The prime minister said large amounts of financial assets have been allocated to execute development projects in areas were calm is dominent.
He said Iraq's largest ever budget for services have been set up and a new investment law would be adopted to open the way for the foreign and national businesses.
He said the government has plans that would help the reconstruction of the country's armed forces in cooperation with the US-led multinational forces.
On its part, the US senators stressed significance of a successful national conciliation in Iraq and necessity to fight sectarian violence to achieve stability and embark on the reconstruction process of the country. (end) mhg.Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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03-10-2006, 09:58 PM #10833
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03-10-2006, 10:01 PM #10834
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For sure Par, best bit of news all day!!! Foreign and national businesses, hhmmm at 1460? Yea right, more chance of putting Saddam back in charge, LOL.
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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03-10-2006, 10:05 PM #10835
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03-10-2006, 10:07 PM #10836
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I have just opened one up an account with Warka Bank. Just in case... alike you I thought it couldn't be such a bad idea to diversify a bit, and the delays with the reval give me time to buy a little more....
I emailed them on Sunday afternoon and expected the answer to take some time. But I had my account no. on Monday by noon!!!
By the way they told me this: "I would like to bring to your kind attention that according to the new system that we are applying all your accounts will be in the same number (its means your $ and ID account is the same number).
So they do have technical upgrades...
Antje
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03-10-2006, 10:13 PM #10837
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The calm before the storm
It may seem like the investment world is on Prozac - but the markets won't stay dormant forever.
Kenneth Rogoff
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Television and newspapers continue to trumpet every twist and turn of global financial markets. In truth, however, the big story is the uneerie calm that has engulfed virtually every major asset class, from stocks to bonds. Is the whole investment world on Prozac?
Conspiracy theories abound, particularly among the ranks of financial traders, for whom volatility is like wind to a sailor. These traders confidently figure that as long as markets gyrate, no matter what the direction, they can always make money. And, thanks to the rest of us who don't have the time, information, and skill to match wits with them, they are mostly right. But, with today's dormant markets, the pickings are slim.
The favored bogeymen of the day are giant government investors, particularly Asian central banks, with their trillions of dollars in assets. These superfunds, whose managers do not necessarily share the same passion for profit as private investors, are said to be squeezing the life out of interest rates and exchange rates. "The big Asian central banks are oppressing us," one young trader recently complained to me.
What a difference a decade makes. During the 1990s, private investors looked at big, lumbering central banks as cash cows, long on money and short on financial acumen. George Soros once made a billion dollars off the Bank of England in just an hour. His basic strategy was a standard one: bet against any central bank that tries to defend an inconsistent macroeconomic policy.
Traders did not win every battle, of course. It was the speculators whose blood flowed in the streets when they attacked Hong Kong's dollar peg in 1998. But overall, betting against big government financial institutions proved to be a richly rewarding business.
That was the 1990s. Today, many traders see formerly inept state giants as financial geniuses, capable of taming complex financial formulas and exploiting their superior size and trading information to squeeze the life out of currency and interest rate markets. These behemoths' innate conservatism, having calmed bond and currency markets, is now having a similar effect on stocks. Although few accuse Asian central banks of explicitly conspiring to calm global markets, some say that their common cautious approach to trading is a form of implicit collusion.
As much as we may sympathise with young wouldbe millionaire traders, does their story of oppression make any sense? Could it be true that huge government investors from Asia (not to mention Russia, Latin America, and the Middle East) have quietly taken control of world markets? Perhaps, but the bogeyman theory seems a bit overblown.
Yes, the big Asian central banks do sit on almost $3 trillion in assets; China's central bank alone has around a trillion dollars. This gives them a capital base similar to the combined assets of all the world's major hedge funds.
But this metric is very deceptive. Hedge funds constitute only a small percentage of overall world financial markets, which, according to a recent study by the McKinnsey Global Institute, now exceed $120 trillion. And hedge funds, unlike banks, can leverage their bets, borrowing to take on assets many times the size of their capital base. Otherwise, George Soros and his wealthy fellow investors could not have dreamed of taking on the Bank of England.
In fact, the explanation for market calm probably lies elsewhere. So, if a conspiracy of Asian central banks is not to blame for the volatility drought that is parching traders' earnings, what is?
Surely, today's low volatility is partly cyclical. Stock market volatility was also very low during the early 1990s, before reaching new peaks later in the decade. Moreover, financial innovation and globalisation allow markets to spread risk more effectively than ever before, placing it in the hands of those who can best manage it. Improved central bank policy is another huge factor. In the early 1990's, the average level of world inflation exceeded 30%; now it is less than 4%.
All of these changes have in turn contributed to lower economy-wide output and consumption volatility in both rich and developing countries. They have also contributed mightily to the high general level of asset prices, helping create the vast riches of which today's hungry young traders are so jealous.
So will today's relative market calm continue? Unfortunately, no. Today's brave new world of financial globalisation will almost surely face severe new stress tests, reminding us that recessions still happen.
Frankly, although I do not see the five-year-old global expansion coming to an end yet, there is no question that risks are on the rise, with output in the United States having slowed sharply in the third quarter, and central banks' hands tied by inflation risks. Further ahead, it is not hard to imagine geopolitical instability - possibly emanating from Iran, Iraq, or North Korea - unsettling markets.
Whatever the scenario that ends the calm, today's age of low volatility will seem like a distant dream to most of us - and a forgotten nightmare for ambitious financial traders.
Comment is free: The calm before the storm
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03-10-2006, 10:13 PM #10838
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Ministry of Oil signs agreements with international oil companies An official source in the Ministry of Oil stated that the ministry has signed recently several agreements with international oil companies to develop Iraq’s oil sector based upon the new investment law.JULY STILL AINT NO LIE!!!
franny, were almost there!!
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03-10-2006, 10:14 PM #10839
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New oil law in Kurdistan to be enacted
The Minister of Natural Resources in the Kurdistan regional government, Ashti Horashi, said that the Kurdistan government will enact a new oil law in the upcoming days and will sign oil contracts with foreign oil companies in October. He added that the Kurdistan government is willing to cooperate with the Government of Iraq in Baghdad in managing the oil fields in the Kurdistan region. Al-Mashriq, Al-Sabah
Ministry of Oil signs agreements with international oil companies
An official source in the Ministry of Oil stated that the ministry has signed recently several agreements with international oil companies to develop Iraq’s oil sector based upon the new investment law. Al-Sabah AljadeedJULY STILL AINT NO LIE!!!
franny, were almost there!!
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03-10-2006, 10:17 PM #10840
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Citigroup announces the launch of a $70 million structured facility to support Trade Bank of Iraq
Citigroup, in cooperation with US Overseas Private Investment Corporation ('OPIC'), today announced the launching of a $70 million structured credit facility for the benefit of the Trade Bank of Iraq (TBI), allowing it to issue Letters of Credit which would be confirmed by leading financial institutions.JULY STILL AINT NO LIE!!!
franny, were almost there!!
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