Thread: Iraq/Dinar News. 09/05 to 01/14/07

The article was from the Bank of Warka I believe to the share holders. That one caused me some grief because I read it as being .31 to the dollar not $3.23 to the Dinar.lol

Another thing I've been wondering, they said that the real rate showed in inflation, so I wonder how we could figure out what the true rate is by using inflation figures. At 70% inflation I would think the dinar is worth at least the 1.48 that's been going around. Read the satement below.

In the latest August 06 review I quoted above, the IMF pretty much admitted that the "real exchange rate" is now manifesting itself in the high prices of commodities in Iraq. Iraq no longer has any other option left but to adjust the "program exchange rate" to the "real exchange

Originally Posted by cigarman

The article was from the Bank of Warka I believe to the share holders. That one caused me some grief because I read it as being .31 to the dollar not $3.23 to the Dinar.lol

even if takes 5 years or more, I think it will get back to that again. I know for sure I will keep at least 1mil under the pillow just in case

Joel C. Rosenberg is the author of the New York Times best seller The last Jihad. He has written a new book EPICENTER -Why the current rumblings in the middle east will change your future.

This is a great book "Joel understands the real problems and threats to the Middle East better than any American novelist I know." - Natan Sharansky former deputy prime minister of Israel and New York Times best-selling author of The case for Democracy.

He has 10 new predictions that will change your world: The headlines before they happen, exclusive interviews with top political, militry, intelligence, business, and religious leaders in Israel, Iran, Iraq, and Russia. Just for starters.

I have to just quote this one little passage from this facinating book, that everyone should read:

When it comes to the future of Iraq, there is no shortage of naysayers....
As I described in The Last Days, The Exekiel Option, and most recently The Coper Scroll, Iraq is about to see a political and economic renaissance unparalleled in the history of the world. The people of Iraq are about to experience a level of personal and national wealth and power they have never dreamed possible. The pundits who have written the country off to failure and chaos will be absolutely stunned by such a dramatic turn of events, much as those who said the Berlin wall would never come down and the Soviet empire would never colapse found themselves scratching their heads in disbelief just a few years later.
How can I be so sure? By looking at Iraq through the third lens and analysing the advance intelligence the Bible provides.
Iraq is described by the Hebrew prophets Ezekiel, Isaiah, Jermiah, and Daniel, as well as by the apostle John in the book of Revelation, as a center of unprecedented wealth and power in the last days before the return of Christ. The city of Babylon not only literally comes back from the dead in the last days, but the writers of Scripture portray her as Iraq's future capital. In Revelation 18, Babylon is described as "a great city" and a center of "extravagant luxury."
Iraq is described as one of the world's great commercial hubs, where "the merchants of the world" come to trade "great quantities of gold, silver, jewels, and perarls," along with all kinds of other "expensive" goods and services that entice "the kings of the world" and draw ships from everywhere on the planet (Revelation 18:9-12). When the people of the world think about the great wealth of Iraq's future capital, they will ask themselves and each other, "Where is there another city as great as this?" (Revelation 18:18)

How is that for some week-end news!? Just another take that I thought was a refreshing bit of news, instead of the dismal news of death and blood shed. The book is an amazing look at what is going on and where we are at and where we are going!

Good news keeps coming...

In the vicinity of Mecca conferences and parties, officers, in line with the
draft document and Maliki Ramadan
Damascus-Baghdad-Sabah

A source close to the armed factions that intensive negotiations revolve them to crystallize a unified position on dealing with the draft document of reconciliation and the Covenant, He said : a number of them announced the cessation of military operations as an expression of goodwill to accept the terms of the initiative and belief in the principles of a document Ramadan. In the meantime, his senior officer in the former Iraqi army : that about five thousand officers enter into a code of honor to support the draft Maliki.

This comes close to the parties to be held in Baghdad on the 21st of October, and the clergy in Mecca. and the officers, who had yet to be scheduled.
, Abdel-Rahman Al-Ansari, who is close to the armed factions, who is now in Syria's envoy to the (morning) that more than 17 armed factions of the 32 agreed to suspend its operations in all areas, particularly the provinces of Anbar, Salah al-Din and Mosul.
Ansari added that the step came in response to calls by clerics and tribal leaders. explaining the need for all parties to adopt this initiative and for the government to halt abuses by armed militias and the multinational force to achieve success and serious negotiations to halt the violence.
He revealed the existence of extensive dialogues among all factions and armed groups to get a united vision will be during negotiations to be held with senior government soon in the framework of the project of reconciliation and document the Covenant.
In the meantime, the senior officer in the former Iraqi army told (morning), there are more than five thousand former Iraqi officer who now sign a code of honor will be at the officers, which comes as part of a national reconciliation announced by Prime Minister Nuri al-Maliki.
He said the officer, who asked to remain anonymous : that these officers living in the regions of Ramadi, Mosul, Tikrit, Baquba and Baghdad, as well as a large number of them are present in southern and central governorates.
He pointed out that nearly 1500 armed officers stopped their activities and left their communities and engaged in the previous initiative of national reconciliation, He pointed out that the charter contains 12 points, including the sanctity of Iraqi blood and not targeting infrastructure, and to demand the reinstatement of the former army officers.
He added that intensive contacts between officers during the last period of the signing of the Charter, which would be announced officially at the officers.
This is in line with shifts in the areas of Anbar tribal chiefs finally uprising against nests of terrorists and Al Qaeda. She called clans in the battle of all Iraqis who are able to engage help in this endeavor. Observers speculate and say : that document Ramadan clinched by the leaders of the political blocs last Monday will ensure attraction of large numbers of armed groups or opposition to the political process.






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Read more news on the first page of the morning newspaper :
Sabah published the results of the study prep

that was very interesting Par77....Maybe i should go buy some more dinars

Par77...great read!!! he didn't hapeen to put a date or amount on that did he?....lol

Originally Posted by Par77

Joel C. Rosenberg is the author of the New York Times best seller The last Jihad. He has written a new book EPICENTER -Why the current rumblings in the middle east will change your future.

Another great book to read is, "The second coming of Babylon"

Description
The Bible says that Babylon will be rebuilt and become the economic center of the world. Even now the ruins of the ancient city - just sixty miles south of Baghdad, Iraq - are quietly stirring. What does it mean for America? For Israel? For every person alive today? Are we living in the last days of earth as we know it? Find out, from Bible prophecy expert Mark Hitchcock. . . 1. How the focus of the world will shift back to Babylon 2. How Antichrist will make Babylon his capital 3. How the kingdoms of earth will fade as Babylon rises 4. How the false powers of Antichrist will grow 5. How prophecy will be fulfilled - and Babylon finally destroyed!

Amazon.com: The Second Coming of Babylon: What Bible Prophecy Says About...: Books: Mark Hitchcock

Originally Posted by boogirl

Another great book to read is, "The second coming of Babylon"

Description
The Bible says that Babylon will be rebuilt and become the economic center of the world. Even now the ruins of the ancient city - just sixty miles south of Baghdad, Iraq - are quietly stirring. What does it mean for America? For Israel? For every person alive today? Are we living in the last days of earth as we know it? Find out, from Bible prophecy expert Mark Hitchcock. . . 1. How the focus of the world will shift back to Babylon 2. How Antichrist will make Babylon his capital 3. How the kingdoms of earth will fade as Babylon rises 4. How the false powers of Antichrist will grow 5. How prophecy will be fulfilled - and Babylon finally destroyed!

Amazon.com: The Second Coming of Babylon: What Bible Prophecy Says About...: Books: Mark Hitchcock

I've seen Babylon and I don't think anything is going to be happening there anytime soon. But it's a good idea to keep an open mind. JMO

Just wait, give it 10 to 20 years!!!!!!!!!!