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

Hhmm, last article stated they'd dish out around 23rd.....


Baghdad-East : The Ministry of Commerce to prepare a thorough and urgent to implement the decision of the Council of Ministers regardless judge grant of ten thousand Iraqi dinars each individual within the ration card on the occasion of the Eid al-Fitr holiday.

For her part, the Ministry of Finance and create procedures for the implementation of the resolution but did not set a date for disbursement. The Iraqi Deputy Prime Minister Barham Salih said in a statement to the East that this grant is Eideh will include all citizens whether or not staff employees.

Translated version of http://h...n/

U.S. to recommend federalization of Iraq



The U.S. administration may recommend an establishment of a federation in Iraq with three highly autonomous regions, according to the Sunday Times report.

The paper reported that an independent commission set up by U.S. Congress with the approval of President George Bush may recommend carving up Iraq into the Shi'ite, Sunni and Kurdish highly autonomous regions.

The Iraq Study Group, co-chaired by James Baker, the former U.S. Secretary of State during the first Gulf War in 1991, is preparing to report after next month's congressional elections. Baker, 76, an old Bush family friend, said last week that he met the president frequently to discuss "policy and personnel".

"The Kurds already effectively have their own area," said a source close to the group. "The federalization of Iraq is going to take place one way or another. The challenge for the Iraqis is how to work that through."

Baker's group will not advise "partition", but is believed to favor a division of the country that will devolve power and security to the regions, leaving a skeletal national government in Baghdad in charge of foreign affairs, border protection and the distribution of oil revenue, the Sunday Times reported.

The Iraqi government will be encouraged to hold a constitutional conference paving the way for greater devolution, the paper said. Iran and Syria will be urged to back a regional settlement that could be brokered at an international conference.

Source: Xinhua

Is this "Good or Bad"? I thought that if the country got divided into 3 different regends, that that would be a disaster. Ore will this just get it done? Like a quick fix to the situation. If so, the Kurds would be the Only benefitter here, (as they can run their Part) along with the south. Wouldn't this leave the Central Iraq Country still in a Bad Situation? Just asking to clear my thought here. I was under the influence that this was for all of iraq People.

Or is this just Bakers thought's?

Originally Posted by mustang sally

U.S. to recommend federalization of Iraq



The U.S. administration may recommend an establishment of a federation in Iraq with three highly autonomous regions, according to the Sunday Times report.

The paper reported that an independent commission set up by U.S. Congress with the approval of President George Bush may recommend carving up Iraq into the Shi'ite, Sunni and Kurdish highly autonomous regions.

The Iraq Study Group, co-chaired by James Baker, the former U.S. Secretary of State during the first Gulf War in 1991, is preparing to report after next month's congressional elections. Baker, 76, an old Bush family friend, said last week that he met the president frequently to discuss "policy and personnel".

"The Kurds already effectively have their own area," said a source close to the group. "The federalization of Iraq is going to take place one way or another. The challenge for the Iraqis is how to work that through."

Baker's group will not advise "partition", but is believed to favor a division of the country that will devolve power and security to the regions, leaving a skeletal national government in Baghdad in charge of foreign affairs, border protection and the distribution of oil revenue, the Sunday Times reported. I see this Now, As Bakers Group's thoughts.

The Iraqi government will be encouraged to hold a constitutional conference paving the way for greater devolution, the paper said. Iran and Syria will be urged to back a regional settlement that could be brokered at an international conference.

Source: Xinhua

Originally Posted by neno

Is this "Good or Bad"? I thought that if the country got divided into 3 different regends, that that would be a disaster. Ore will this just get it done? Like a quick fix to the situation. If so, the Kurds would be the Only benefitter here, (as they can run their Part) along with the south. Wouldn't this leave the Central Iraq Country still in a Bad Situation? Just asking to clear my thought here. I was under the influence that this was for all of iraq People.

Neno I thought it would be a bad thing to. Weren't they trying so hard for this not to happen? I remember them saying it would be a disaster for Central Iraq.

I believe the MAIN concern was the fair distribution of the oil revenue, as central Iraq has far less than the north & south.

If that can be done from a central government in Bagdad, then each of the 3 areas can run their own affairs regionally or locally for themselves.

In other words all 3 would receive a fair share of the wealth but administer itś use within their own districts.

I think this is what they are aiming for.

Originally Posted by jsfletcher

I REALLY hope that there was something lost in translation, 100k monthly...I don't think that would be good

well if they reval, this sort of thing would need to be adjusted. There will a lot of instances like this, i dont think the government will want to give each student 100,000 dollars if it revals each month, do you? There will be a lot of work to do with everything, just like when they dropped the value to rock bottom.

Originally Posted by yardbird

Neno I thought it would be a bad thing to. Weren't they trying so hard for this not to happen? I remember them saying it would be a disaster for Central Iraq.

After reading it again and again I see it is just a Mentors Belief. I hope that it has no Influence on the outcome.

Baker's group will not advise "partition", but is believed to favor a division of the country that will devolve power and security to the regions, leaving a skeletal national government in Baghdad in charge of foreign affairs, border protection and the distribution of oil revenue, the Sunday Times reported. I see this Now, As Bakers Group's thoughts.

Originally Posted by neno

Is this "Good or Bad"? I thought that if the country got divided into 3 different regends, that that would be a disaster. Ore will this just get it done? Like a quick fix to the situation. If so, the Kurds would be the Only benefitter here, (as they can run their Part) along with the south. Wouldn't this leave the Central Iraq Country still in a Bad Situation? Just asking to clear my thought here. I was under the influence that this was for all of iraq People.

Or is this just Bakers thought's?

At this point it is just a possible solution suggested by Baker but I very much doubt the GoI will agree on it, especially the Sunni's who have no oil.
I read an article on Thursday that the GoI had shelved the idea until 2008 waiting for cooler heads to prevail and I will see if I can find it again.

Originally Posted by neno

After reading it again and again I see it is just a Mentors Belief. I hope that it has no Influence on the outcome.

Baker's group will not advise "partition", but is believed to favor a division of the country that will devolve power and security to the regions, leaving a skeletal national government in Baghdad in charge of foreign affairs, border protection and the distribution of oil revenue, the Sunday Times reported. I see this Now, As Bakers Group's thoughts.

I read it again and again also (only on my second cup of coffee) Maybe I'm wrong but I just don't think it would be a good thing security-wise or moral wise to take the focus off of Central Iraq. I do feel that the Kurds have their act together though! Amazing at the difference in intelligence.

Nice to hear OSW let slip next week for a r/v. I've never known Mike to give out a time frame, it's always been 'soon' so this speaks volumes. I have a lot of time for Mike. :0)

Just looking around other forums, the general feeling is very positive at this stage, and so it should be with the imminent FIL next week, Rice's visit to kick some butts, the soon to be US Elections, rising inflation in Iraq, the handouts for their people etc.....

I also feel the FIL will have Mrs and I cracking open the bubbly and I'll have the biggest, fattest cigar I can purchase. The FIL, which comes with a fully convertible currency is if anything more important than a r/v, WHY? Because it is the r/v effectively! With the FIL comes new business, new companies, new individuals, pumping billions into the Iraqi economy including the Forex. That in itself will force the exchange rate up and make it so so so much stronger.

Imagine a game of Monopoly for a moment. In the UK the properties at the start are ones like Old Kent Road, Angel, we passed those at the start of the year with the SBA. Then we moved round to Vine Street around the middle of the year when a whole lotta debt was forgiven. Then onto Oxford Street with the Kurds FIL being passed in the summer and increased security around Baghdad resulting in fallen insurgencies.

Now we're at Mayfair, with the FIL being passed this week, we will be crossing the line and collecting not 200 quid, but a whole lot more.....