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

Guess we all need some good news at the moment:



March 1, 2006 -- THE reporting out of Baghdad continues to be hysterical and dishonest. There is no civil war in the streets. None. Period.

Terrorism, yes. Civil war, no. Clear enough?

Yesterday, I crisscrossed Baghdad, visiting communities on both banks of the Tigris and logging at least 25 miles on the streets. With the weekend curfew lifted, I saw traffic jams, booming business — and everyday life in abundance.

Yes, there were bombings yesterday. The terrorists won't give up on their dream of sectional strife, and know they can count on allies in the media as long as they keep the images of carnage coming. They'll keep on bombing. But Baghdad isn't London during the Blitz, and certainly not New York on 9/11.

It's more like a city suffering a minor, but deadly epidemic. As in an epidemic, no one knows who will be stricken. Rich or poor, soldier or civilian, Iraqi or foreigner. But life goes on. No one's fleeing the Black Death — or the plague of terror.

And the people here have been impressed that their government reacted effectively to last week's strife, that their soldiers and police brought order to the streets. The transition is working.

You are being lied to. By elements in the media determined that Iraq must fail. Just give 'em the Bronx cheer.

http://www.nypost.com/postopinion/o...nists/64407.htm

Good one Adam,

It amazes me how slanted the major meida is when it comes to reporting. When you talk to people in Iraq, you get a totally different take on the terrorists, and most live their lives with this threat as if it was a nat which was buzzing about their heads, annoying, yes, but life goes on. It is so different than most of us are use to as killing is sadly in their genes, they have lived it all their lives under Saddam. Just listen to the trial, he ordered a whole town killed, woman children, everyone, so that kind of unpredictable fear is little different living under threat of random bombs. Crazy, yes, but this is how it is and the economy will move forward regardless.

Good luck to all, Mike

Cheers Mike, more good news.


http://www.alertnet.org/thenews/newsdesk/KAR342806.htm

BAGHDAD, March 3 (Reuters) - Iraq's parliament is likely to hold its first session since being elected in December within the next 10 days, most probably on March 12, government sources said on Friday.

"The meeting is around then, it could be on the 11th but so far what we are talking about is March 12," said one source, noting there was a constitutional deadline for the legislature to meet by then following the certification of the election results.

Originally Posted by Offshore-Wealth.com

Good one Adam,

It amazes me how slanted the major meida is when it comes to reporting. When you talk to people in Iraq, you get a totally different take

Indeed, the media are solely bent on bashing Bush and nothing else. Any success in Iraq reflects positively on Bush so the media refuses to tell us the truth lest they praise the President. It is ridiculous.

Hey guys, this is REALLY good positive news, and boy do we need it!!!


Read the whole thread to see how others have taken the news!, but this is the line that sticks out.

No second thoughts especially after what the CBI said:

On 25 February, Al-Baghdadiyah cited a source at the Central Bank of Iraq as saying that the exchange rate of the Iraqi Dinar will rise significantly against the US dollar during 2006, adding that all policies will be adopted to improve the exchange rate of the country's national currency.


http://www.investorsiraq.com/iraqi-e...9-iraq-tv.html

Interesting,

Sure sounds like we are closer today than yesterday, and that is all I need to know, it is going to happen someday in the near future. Since we are all the most patient people in the world thanks to PIPS, shouldn't be a big deal to wait another month or so. As I have always said, the dinar will be up before PIPS. (g)

Good luck to all, Mike

Mike,

What I liked is it was on national tv in Iraq. It's not a pump and dump rumour from a company trying to get their sales up, this has come from Noozz.com where you have to pay to get reports, articles. They are run out of London and are very highly thought of, they are connected with the EIU, the Economics Intelligence Unit, a British think tank, also out of London. This has real credibility IMO and others.

Now they didn't put it on worldwide tv, WHY? well imagine how many speculators would gone out and bought billions of dinar? No it was kept in Iraq where your average Iraqi hasn't got enough for a beer let alone to store some for a reval. So to me that makes it more credible for a start. The fact that someone from the CBI would say this seeing as the CBI will be behind a reval also makes it sound as good a news I've ever read. This is real and NO RUMOUR.

12 March keeps cropping up at a rate of 0.04 from a credible source, don't believe it myself, reckon it will happen soon but not that soon.

Timescale? Well once the government are up and running and have put certain policies in place, I feel a reval will coincide with the opening of the ISX this summer. I also feel that it is already planned as to what the rate will be. Something has to be given back to the people and SOON. Terrorists could be paid NOT to blow others up, wouldn't that be great? With a reval people could buy, employ, live properly, trade internationally, just about everything and anything.

3 to 4 months maximum we'll be partying IMHO.

Well done my friend, saw your name over on the dinar forum!!

Here we go, more good news and a first, to my knowledge they've NEVER met on a Sunday....


''We will call on parliament to meet Sunday'' -- Talabani

BAGHDAD, March 4 (KUNA) -- Iraqi President, Jalal Talabani declared Saturday that he discussed with Parliament Speaker Hajim Al-Hassani and the Vice President Adel Al-Mahdi calling on holding the parliament's first session on Sunday.

Government sources said on Friday "the parliament is likely to hold its first session since being elected in December within the next 10 days, most probably on March 12." (end) mhg.

http://www.kuna.net.kw/Home/Story.as...en&DSNO=835041

Adster

The link didn't work for me

Have a good day

USAID prepares CBI staff for international training course. Under
USAID’s Iraq Economic Governance II (IEGII) program, advisors are continuing
to work with the Central Bank of Iraq (CBI) to improve its ability to conduct
sound monetary policy and build the technical capacity of its staff. The International
Monetary Fund / U.S. Federal Reserve System two-week training
program, Bank Financial Analysis Seminar, was held in Istanbul, Turkey from
Jan. 21 through Feb. 04, 2006. To prepare the CBI staff attending this seminar,
the USAID project advisor conducted a training course entitled Pre-
Course for Bank Financial Analysis Seminar. The goal of this course was to
introduce and review various financial terms and concepts that would be covered
in greater detail during the two weeks in Istanbul. As a result of the newly
acquired knowledge, the CBI participants were better prepared to benefit most
from discussions and presentations at the Seminar, and the instructors were
able go beyond the basics. The course included 31 CBI staff (18 female and
13 males) from various Banking Supervision Divisions.

http://www.usaid.gov/iraq/updates/f...fs17_021706.pdf

It sure is nice to know that The IMF / U.S. Federal Reserve System held a two-week training program. They're getting ready for something now what could that be? Hhhhmmmmmm.....