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

0ctober 09, 2006
> the Sixth Conference of Reconstructing Iraq held in Washington at end of year
>The sixth conference of reconstructing Iraq will be held in Washington, DC,
from 6-7 of next December. The organizing board of the conference said that it
authorized the Iraqi Commissariat of Civil Society Institutions in Iraq to
invite the relevant authorities of the business community and interested
parties. The Commissariat indicated that this conference is attended by senior
Iraqi officials, as well as officials from major American governmental agencies
that possess the reconstruction contracts and which are interested in finding
Iraqi partners and contractors. The conference will also be attended by
delegates from firms from other countries interested in creating opportunities
for contracts with Iraqi companies.
>
> Studies, researches and projects to develop the services and the
reconstruction of Iraq will be presented during the conference. Also, a major
exhibition will be held that includes various pavilions for the participant
parties in the conference.
>
> The Iraqi Commissariat of Civil Society Institutions in Iraq approached the
ministries concerned and interested in participating in order to coordinate
their participation with the organizing board. Dr. Basil Al-Azzawi, head of the
Commissariat, explained that the VISA and travel approvals will be granted
directly from the American embassy. He pointed out that travel and subsistence
expenses for official delegations will be borne by the Organizing party, while
companies and businessmen, will bear theirs. (Source)AlSabah
>

I have been looking into the simularities of Iraq and Germany in terms of the post-war periods.
The West German info on the economy and currency reflects what is going down in Iraq right now in terms of inflation and economic recovery...
Reading up on this has given me an even better feeling about our situation and looks as though history is about to repeat itself...

I would love to see the best researchers on here go deep into all they can to find out more on this subject as I think it may bring some light to the end of this worlds longest tunnel...


The following link provides some historical and economical background for the post-war period in East Germany and the German Mark :
History of paper money in East Germany - Ostmark, Mark der DDR.


After World War 2 Germany was split into two parts. The following article provides some historical and economical background for the post-war period in West Germany. :
History of Paper Money in West Germany.

History on the German Mark :
German mark - Wikipedia, the free encyclopedia

Now I can see a zero lop if Iraq were dealing with these....

50-billion hyperinflation banknote of Yugoslavia

Voices of Iraq: Iraq-Currency
Posted by: saleem on Monday, October 09, 2006 - 01:57 PM

Iraq-Currency
Iraqi central bank sells $69 million to meet high demand
By Dergham Mohammed Ali
Baghdad, Oct 9, (VOI) – Demand for the U.S. dollar was lower in Iraq’s Central Bank auction declining to $69.980 million on Monday down from $74 million on Sunday.
Banks bid for $29.870 million in cash and $40.110 million in transfers abroad, the central bank said in a statement.
It said the bank covered all demand at 1,472 dinars a dollar, one dinar lower than the previous session.
None of the 14 banks that participated in the auction offered to sell dollars.
Hum wonder why none of the banks offered to sell Dollars

by the way i reported yesterday that the site i normally watch for forex activity had ceased. it might have been smart of me to realize it was the weekend and there was no trading by anyone. lol
sorry, ill pay better attention to the calendar.

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Economic : America calls for OPEC not to exaggerate respond to the decline in oil prices

Baghdad morning
He said American Energy Secretary Sam U.S. Thursday : With winter approaching, which would rise when demand for heating fuel, the world still needs all the oil that OPEC can pump, and the organization not exaggerate the reaction at the retreat prices by reducing production. Previously, officials said that OPEC : The organization which pumped more than a third of the world's oil, will reduce the supply of 1 million barrels per day as soon as possible in what will be the first reduction of the Organization's production in more than two years. He said U.S. : We certainly need oil. We need everything we can get from oil.
While exceeding stocks of crude oil and heating oil than normal levels of American before winter, U.S. said that the demand for petroleum products will remain strong in the coming cold months, and that the time is inappropriate because the reduced OPEC supplies available. "We turn to the heating season. And of course, what worries me is the metals ... I want to see the oil, which is now halve production. He added that the U.S. intends to clarify this point in dialogues with the oil ministers of OPEC member countries, such as emergency meeting had convened by the Organization of this month.
His : I expect to be in contact with them and have a dialogue before the meeting but certainly nothing decision at the present time.

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Iraq : Almshahadani discuss with the German ambassador course of relations between the two countries
Baghdad-Sabah
The Chairman of the House of Representatives d. Mahmoud Almshahadani when he received the Ambassador of the Federal Republic of Germany in Iraq, Martin Koblar course of relations between Iraq and Germany friendly. A statement issued by the Information Office of the Chamber of Deputies received "Assabah" copy of the German ambassador expressed during the meeting the desire of his government to strengthen and develop relations with Iraq In various fields, particularly economic, trade and industrial, including the Parliament and expressed his country's keenness to build a distinguished parliamentary relations with the House of Representatives Iraq and the exchange of expertise and experience of parliamentary democracy and willingness reception and training of personnel working in the Iraqi area. The statement added, quoting Almshahadani praise for the level of the Iraqi-German relations He stressed his commitment to the development and establishment of better relations with the parliament of Germany and friendly exchange of experience. It was during the meeting to discuss and assess the political and security conditions in Iraq and the region in general and a number of international issues of common interest

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Iraq : Amendments to the Constitution after the feast

Baghdad-Sabah
The deputy of the Iraqi Accord Front Hussein Alvluji hoped that the complexity of the constitutional amendments after its first during the Eid al-Fitr holiday. Alvluji said in a statement to reporters : that there is a real opportunity for the Commission to take it upon themselves to make the necessary adjustments at this stage, such a document disputed within the permanent constitution, He explained that the Constitution in which a number of controversial points as well as the language and narrative legal.
He emphasized that during the next two days will be chosen chairman of the Commission to be issued by the House of Representatives opened its work of the Committee to act on the radical changes within the provisions of the constitution.

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Iraq : Sources suggest postponing the date of the convening of a conference of political forces

The government allocated (150) million for the success of the reconciliation
Baghdad morning
Sources in the national reconciliation postpone the date of the convening of a conference of parties and political forces to be held on the 21st of this month in order to delay the necessary preparations. He said one of the members of the Board, who requested anonymity, told "Sabah" That body has not met since three weeks have not so far invited any party or political movement. noting that it is supposed to be sent three delegations to Amman, Cairo and Dubai to invite movements and political figures adopts the principle of opposition exists in those capitals, it has not been any delegation travel so far. He added that "the government has allocated 150 million dollars" for the success of the initiative of national reconciliation but it is not exchange any money from the members of the Commission did not receive payments or rewards. noting that the reconciliation asked more than once to allocate rooms for meetings, it has not been so far none of this. He went on to say that the next few days would witness a meeting of the body attended by the President of the Republic mostly Jalal Talabani and Prime Minister Nuri al-Maliki, He emphasized that the members of the Commission are currently involved in the conference because of the postponement is not in the interest of reconciliation initiative announced by Maliki before the 100th day.

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Iraq : Housing crisis. Resolution needs to fifty years, if not interfered sector investment!

Specialists do not rely on the State to overcome potential
Baghdad Amjad Tali
Equipment needed for human life got home harboring and received after the trip to misery and fatigue daily starting in the morning and ending at night so there has been a chant of the word says : (the homeless. no homeland), as House is the smallest social unit makes a whole nation wide scale.
I have stood several reasons behind the housing crisis caused by all actions taken by the former regime of non-distribution of land only on certain segments and higher prices for construction materials and impose conditions on housing in Baghdad, in addition to the requirement of jus soli, despite the many crises that he was suffering Iraqi citizen at the time of that system but the housing crisis is the largest and Alaete started Almshouses in spite of the smallness divided into more than one household, especially in the neighborhoods of Sadr City and Shula and others. Prices of homes skyrocketed and people began to encroach on lands outside cities was created to revive known as (Altenk alive) where there are no services normally provided to cities such as water, electricity, sewage, schools, hospitals and roads and that the lives of Iraqis began to deteriorate in light of the housing crisis where to live uh primitive.
There was a slice of the families did not find shelter even in those slums, Vsknt backgrounds schools and under bridges. These families took advantage of the security vacuum Fake inhabiting the state and build houses on empty land earmarked for building schools, hospitals, parks, markets and other service institutions.
It was accompanied by a waiver of fraud practiced by the non-governmental associations, reflecting the dummy distributed plots against the bonds forged.
Housing with the dead
All of this is returned nothing strange or new to the ears of the Iraqis. But what surprised us to find the families I have lived in places did not notify anyone this family of Mr. Abu Hanin, which did not find a place where graves harbors only built something like this family home and found inside the wooden beams has been described as a chamber can be termed (Srifh) after Sqvt this Sarifa b (decorated), and after that we called the owner of the house came out us or nostalgia that were being employed in the Ministry of Education and when I learned that the press was unconquerable to incarceration tears have racked stay in the cemetery is alive and said that her husband had worked in mourning and in the morning and come back in the evening and the inability to pay rent the house from which they يسكنونه, who arrived at the (250) thousand dinars therefore decided b this "remote" and Altabogat stay here that Iverjaha God, adding that they have been robbed twice in the first stolen from gas cylinders and two steals money House has left her husband to work without the knowledge and the time children remain without food throughout the day.
Q : If someone Salek. Aanouank what? Stjibh Why?
- I do not know but without ... Title.
After the family left Hanin Abu cemetery in Bab al-Mu'azzam moved to the father and the family of Mr. Neas Abdalsadh Habib, a former member of the Artists Union, which took him and his family from shops overlooking the Tigris River belonging to the company electronic industries homeless supports him evil and not the evil of homelessness free, and the cold because these stores are not walls, but (as an Slaight) made of iron bars in the form of a network.
But why housing artist Habib and his family here has told us about this, saying :
- Jdtne suddenly and without a source of income, I can no longer pay rent house and thank God I found this place to be homeless me and my family.
However, Mr. Sami who was wounded by a bullet fired by accident severed area of a football field and built by the two chambers-two tiers and the reason was the common denominator between everyone's inability to pay the rent and the problem is Mr. Sami in the number of family members (12) is the person, his wife and ten children all have driven cart father TR is the only source of livelihood live it.
Crisis undiagnosed
When we found that there was no merit in the ways we continue doors stricken families because of the housing crisis, it would have to approach the Vzerna officials of the Ministry of Housing and the home stretch Dr. Tha'ir Alvili Under oldest and Housing Ministry, which offered him the problem and he replied :
- The Ministry of Construction and Housing diagnosed housing crisis in the first despite the absence of a very deep. But we started this study, which will expire on October 1st of this month and will be the first study of the demographic situation in Iraq for more than twenty-five years since the first study carried out by the company (Sir Paul) Global 1979 and ended in 1981 diagnosed at the time the need for one million and six hundred thousand housing units to resolve the crisis.
The new study started out several months ago, has already this study many of our studies, but is not accurate because we rely on the samples, reports and figures from the Ministry of Planning and Finance, municipalities, prefectures and the samples that the immediate need of the country and more than three million housing units.
Due to the need for the presence of this number (29) million people in Iraq through the statistics and that this number is distributed in the form of (5) persons per family rate. Therefore, there must be (5.5) million housing units in Iraq while we have in Iraq (2.25) million housing units afterthought happens then we need (3.5) million housing units at the present study we are making plans to build those units Unfortunately, the State is unable financial terms to fill this enormous number of housing units. It can not offer more than (5000), and housing units annually, in the best of cases, even this figure divided on the need that we have, which is three million and a half we will need to 50th a year ago. I served as the State does not count on the state in resolving the issue of the housing crisis. If there is no any country in the world solved the housing crisis, but we are counting on the investment sector is the only sector, which ended the housing crisis in all parts of the world.
* How Darwish needs and your ministry for the implementation of plans? What impedes the process of allocating the necessary payments as long as the crisis is putting pressure on the Iraqi society?
- Distributed funds currently manner (arm-twisting), followed by the strongest and who has the power of persuasion is taking more funds for the implementation of the largest number of projects and we are in the ministry and the Ministry of Housing need to (120) billion dollars in the state can be allocated more than (120) million, a rate of one per mille, which requires the Ministry. How could we think of contesting the mega project will provide three million and a half million housing units.
Land distribution aggravates the crisis
Q : So why do not you cooperate with the municipal councils to distribute land to citizens who are in charge built?
- Not to the Ministry of Housing any relationship to land distribution, and even projects that have been built are not ministry of the territory, but the Ministry of Works and municipalities, as far as I know that the distribution of land, except for the existence of an agreement not to the distribution of land and to keep these areas to build housing complexes for information, that a million and a half million plot of land distributed T. days of the previous regime did not provide the services the state was unable to serve and experts had handled the matter as the distribution of land, it does not solve the problem at all. By the way, we are in agreement with the International Monetary Fund not to the distribution of lands in areas not serviced.
* Did not put timely solutions to alleviate the unfolding crisis in the country?
- In the month of May of last year, was not in the ministry but only three projects, but now there are (25) all compounds housing projects started in nineteen of the remaining six did not start because of routine procedures and administrative reasons.
* We know that work is these projects?
- Of these compounds exist and we have many reasons to stand directly in the construction Therefore, I personally met Mr. Prime Minister Nuri al-Maliki submitted an official note the establishment of a judicial commission of inquiry to solve the problems of those attempting to stop the projects and the State Commission was formed, but I was not convinced of its proceedings as they were proceeding slowly Net to be more effective and more professional and efficient in the workplace.
* With respect to families extraterritorial buildings and land belonging to state what will be the fate of these families paid by the housing crisis of this act?
- Here come back to the agreement between Iraq and the World Bank, which I think is in the interests of Iraq. In this Agreement environmental commitments in the area of housing and promised If the one and a half million pieces, which was distributed days of the previous regime had not only pays tribute to (200) A should know that these parts has been an obstacle for us, and we are trying to solve the housing crisis, therefore, it is reasonable to have these lands Squatters make things worse, and more and worsen the problem as it is not the State could serve the distributed pieces of the old days of the previous regime and the current squatter and this violates the agreement with the IMF, which provides for the distribution of non-serviced. It is not universally accepted, since these services are part of human rights then the survival of such a problem.
* You that there are three housing compounds semi will be distributed to those who completed the parks?
- Complexes located in each of the provinces of Kirkuk and Karbala and Baghdad has asked the Council of Ministers to form a committee to solve the problem of distribution and how those and we are awaiting a response from the Council of Ministers as not to the Ministry of Housing any role in the distribution, but the ministry only contribute to the distribution of residential compounds.
Q : Do not you find that the housing loan fund is not enough to set up integrated Beit specifications?
- Fund, which was opened to employees and retirees including workers from the Ministry of Labor and Social Affairs, advanced anyone with a plot of land for construction, and wants to ensure that salary and a plot of land and the Fund advanced (18) million dinars in Baghdad, but not enough to fill but part of the construction requirements are calculated on the basis of state-building.
* What you say Squatters?
- On citizens to stop the waiver not owning them because of the agreement with the International Monetary Fund as there is no land distributed free of charge after the other in apartments and it is not a solution to the housing crisis without getting paid for apartments or land, which is distributed to citizens.
And before we leave, the Ministry of Housing Astoaqvna citizen "Abdal_hussen Ali Gomaa retired", which reviews the purpose of obtaining a loan Housing Fund, to say :
- The Housing Fund advanced the citizens of Baghdad inhabited by 18 million dinars. which itself is not enough to build a house at the time of flaring prices of construction materials, while advanced citizens in the provinces 15 million. The district and sub-district becomes the value of the advance 7.500 million dinars. I wonder is it not a citizen's right to eliminate or hand
To assess the house as the House held by the son of the capital?
* What else?
- I would like to commend the invitation of the Baghdad governorate to the need to lift the requirement (jus soli) in the distribution of housing units and land on the citizens as the approach taken within the previous policies with the wrong people per year. it lives in the capital, what is the land granted to him in Basra, Missan, however, sell to merchants? We hope the concerned bodies to take care of these aspects in view of the task.