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12-10-2006, 09:49 PM #13291
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Yes Agreed
Last edited by neno; 12-10-2006 at 09:53 PM.
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12-10-2006, 10:15 PM #13292
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Investment in Iraq - Direct vs. Indirect
I was on the "other place" for a moment and read a pretty good post... it makes sense, so I thought I'd share. Here it is ..... along with some copied commentary...
link:
LawkSalih.Com - Investment law seeks to enhance the competitive capabilities of the economy
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Dr. Mahdi Al-Hafiz, member of the Parliament and former minister of planning, said that it is obvious to have divergent views and opinions on foreign investment, which is not confined to Iraq, but extend to other countries. They are the themes of a debate between experts and the economic policy makers in the world; therefore, objective discussions on the subject need to be encouraged. They need to be approached according to an intact context that gathers economic and political considerations at the same time, in order to reach a sound attitude towards encouraging foreign investment law which is presented before the Parliament now.
He explained: in fact, there are two types of foreign investment: the foreign direct investment and Foreign Indirect Investment. The difference between the two is that the first is a real, long-term investment in the productive and service sectors of the national economy, like industry, agriculture, energy, tourism, communications and others. The second type, the indirect foreign investment, is concentrated in the financial markets where foreign bodies, individuals and companies, own the shares and stocks, private or governmental and circulate them o achieve profit.
He continued: "What concerns us in Iraq is the research in the benefits of foreign direct investment, and concentrate at its benefits as an external funding source for economic and service projects in the framework of the national development strategy and its priorities. The truth is that the benefits of foreign direct investment are clear and of significant importance for the remarkable development experiences in many countries such as China, India, Malaysia, Mexico and Brazil and other countries in the world, in all continents. They are the acquisition of modern technologies, the fight against unemployment (creating job opportunities), the development and diversification of exports and the variation of the productive base of the national economy and others. This is what Iraq needs, more than ever, in the framework of his policies and orientations to reform and diversify the economy, reconstruction, tackling the problem of unemployment and improve the quality of services and expand them. It is an urgent necessity imposed by the significant lack of internal financial resources, compared to the high estimated cost to achieve these programs and projects.
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The rv plays a different role in both of these. The indirect investor wants to see the immediate rv. The direct investor wants to see a deferred rv to leverage his in-country purchase power. Iraq needs both. The stock market will not receive greater than 10% foreign investment when it opens. The first rv will follow and serve to cause indirect investors to sell off for profit and will attract indirect investors with an eye on long term growth. The talk I hear is of a tiered rv sometime soon after the opening of foreign investment to the stock exchange. Not one big rv but a series of exchange adjustments (for example, this is what Dr. Q has been saying). It makes too much sense. Shabibi is selling this point when he says he want the dinar on par with the dollar and he knows he needs direct foreign investment in any shape he can get it. Smart man. He can have the best of both worlds. We are closer than we think but the longer we keep our money the more we will make. Some will make good money. Some will make a fortune. Iraq will emerge strong. This is the win-win-win for all. This is all between the lines. Some sort of rv is right around the corner.
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12-10-2006, 10:36 PM #13293
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Voices of Iraq : - $ Expert
Books : dhrgham on Thursday, October 12, 2006 8:51 PM-BT
Economic expert : the high rate of the dinar as a deliberate government policy
Dargham of Muhammad Ali
Baghdad - (Voices of Iraq)
Said an economist and industrial today, Thursday, that the decline witnessed by the dollar rate of exchange against the dinar in Iraq is temporary and comes within the government policy aimed at encouraging banks to buy the largest possible quantity of the dollar to withdraw more liquidity and the reduction of inflation.
He explained Mr. Sadiq Abdul Razzaq in a statement to the News Agency (Voices of Iraq) Independent, "one of the policies that government is currently working to follow is to encourage the purchase of foreign currency bonds and the purchase of government loans."
The dollar had reached in the auction the Central Bank today dinars in 1470 compared to 1471 dinars yesterday.
He pointed out that "these policies may include restoration-related factors of supply and demand scientifically and economically, but a policy of keeping a gradual shock does not lead to a significant drop in the value of the dollar and sudden lose confidence dealer."
He added that "the government needs to tremendous liquidity for the payment of salaries of staff and to cover government expenditure of the local currency and not covered by any returns as the productive sectors and is now the sole entrance of the State of the local currency, either through print or through the purchase of exchange in the local market."
He said that "the decline in the dollar rate at 2 dinars, suggested dinars, or 20 dinars will not have a significant impact on the economic level for the merchants who Atether including the simple movement in the price but it will be sufficient to encourage banks to purchase and conversion."
He explained that "it is expected that a continued decline in measured does not affect the confidence-dollar deal by traders and encourage further buying of dollars by banks in an attempt to reduce inflation as a result of the irresponsible economic management."
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12-10-2006, 10:42 PM #13294
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12-10-2006, 10:52 PM #13295
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Chimin in...
First... I love you SGS !!!
Second... I appreciate the Kurd stuff, RR ...
Business... I listened to ex-Secretary James Baker talk about the three country stuff, live, here in DC.
The split is an idea from the congressional Iraq Study group.. made up of 5 demos and 5 repubs... they are to give their full and completed report after the elections... and there are many, MANY more "IDEAS" in the report... the word on the hill is that the only real issue that can come from the report is the idea that if the government fails in its infancy via an overthrow... the US would come in again.. marshall law.. with an "S-load" more troops and finish it... definately ... which is real bad for election issues
But these are ideas... Iraq would have to vote them in... and since the UN doesn't want US puppet stringing Iraq... it is doubtful.
According to reports... all of the ideas came without price tags.. go figure.
I am new here so flip to "Crazy" if you have too.
Linus
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12-10-2006, 11:06 PM #13296
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I miss the shout box
Taht being said , Love sgs and adster. I want to thank all the people who give of there time to give us these very long dry,yet imformative posts. I am hoping for some definate news today or tommorrow. Keep up the great job of keeping us imformed as it is very appreciated
benzboy
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12-10-2006, 11:16 PM #13297
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An interpreter to facilitate the Americans with the Iraqis
(Voice of Iraq) - 10 - 12-2006 | This issue was sent to a friend
Sotaliraq.com An interpreter to facilitate the Americans with the Iraqis
An interpreter is to facilitate communication between an American soldier and an Iraqi citizen
12 / 10 / 2006 18:24 (GMT)
Will American military in Iraq interact better with local Iraqis born soon, thanks to technology developed by IBM translate the English language as a matter of urgency.
The company said IBM and military officials that the technology can help the American army in overcoming a major obstacle in Iraq is the inability of most of the forces to speak in Arabic more than dexterity necessary key, the lack of translators.
IBM said it raised 35 small portable PC (father Taub (programs recognize the voice to be used in the first medical units and special operations forces of American and American Marines. It will be used to facilitate communications sites in the treatment with Iraqi security forces and citizens.
According to the company it at the present time would not use such devices at the sites of the battles or the conflict that require urgent contacts and decisions.
He said Wayne Richards, Head of the Department of American forces building in common that the goal is to enable the units operating in areas where contact with the translators rarely preserved effectively with the speakers in different languages. "
The evolution of IBM, based in Armonk in New York for a long time to understand the technology and the modern interpretation of the potential applications in commercial and consumer uses, and the military.
Said David Nahamo large officials in the human language technologies sector research IBM technology being tested in Iraq called (Multiligual Automatic Speech to Speech Translator), or Master (MASTER) and are being developed since .2001
He added Nahamo "in these positions where the American army to interact with Iraqi forces or citizens language barrier to affect the performance already."
He continued that in the case of the use of a portable computer equipped with technology Master or by talking computers used in the amplifier and get acquainted and talk on the program interpreted by then speaks the translation to the other person to hear.
IBM said that this technology different from the current translation programs in that they are not limited sentences that were in place before programming. He explained that Nahamo Instead, it is getting to the way in which people are already talking of differences in the rules and order of words and sentence construction.
Sawa
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12-10-2006, 11:53 PM #13298
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Yes
I miss them as well. But we have spammers and have filled charges to the proper authorities and against Hosting Companies of these pedefiers. They will be back up soon. The Shout Box is down for slowing the server down or some were complaining of the slowness it was causing their system. Marek is handling both of these.
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13-10-2006, 12:22 AM #13299
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Territories Act · · described the division or an end to the chaos?
(Voice of Iraq) - 10-13-2006 | This issue was sent to a friend
Baghdad, Mustafa Hamza :
A simple majority of the Iraqi Shiite coalition managed to pass the Territories Act, which would raise further aroused controversy in Iraq · After days of tension between the various blocs and political trends, the law was passed after a voice in the final moments of four members of the Iraqi List, led by Iyad Allawi to this law are Safiya Suhail, and Mahdi Al-Hafiz Hamid Majid Moussa and Algerian useful to get the law on 138 votes out of 275 votes are the number of members of the Iraqi Parliament · At the time it did not know the motives of members of complacency Eh from that list, which had reservations about the law and whether the currency is a rebellion on the list, or perhaps by dissension, the clumps prominent within the coalition, such as the current Sadri, the Virtue Party did not vote · with the law, according to the rules of the parliamentary game, spent the matter, which has long preoccupied politicians Iraqis of the legitimacy of the law or not. but the legitimacy of a federal system for Iraq · whole of this system, which some perceive as a ready-made recipe for the division with others as a logical end to the spiral of pain that swept Iraq since the fall of Saddam Hussein's regime and therefore, the Federal could end the chaos in perpetuity by the federal · However, the problem does not tack in the federal itself so much as the formulas applied in the country throughout its history has been influenced by contemporary in the context of a central seized the reins of power in a totalitarian regime for 35 years · Throughout this long period all the slogans and objectives and even national songs and chants calling for unity, which made it difficult trend thinking about federalism from the fear that such federal Introduction of the division on the basis that Iraq's sectarian and ethnically divided · On this basis, the geographical stands as a catalyst for the possibility of future division when any disagreement · In this context, it has gone a lot of thinkers and intellectuals to Altaki d that countries such components such as Iraq can be judged only on the basis of a central, However, this vision, which wants to maintain the unity of the land and geography play deduced from other vision believes that the central system should be a system of one community or race, which means the persecution of the remaining ingredients and beating an example of state nationalism that ruled Iraq for the 80th year, which turned from the point of view to a persecuted ethnic T. Kurds behalf of the principle of citizenship. The persecuted Shiites in the name of Arabism, while the dominant characteristic is the fact that from a single Sunni sect, which monopolized Throughout this long period, locations and positions and privileges ·
The Emirates
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13-10-2006, 12:24 AM #13300
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(Voice of Iraq) - 10-13-2006 | This issue was sent to a friend
American ambassador calls on Iraqis to unite in the face of sectarianism
He said : important to recognize that mistakes "and today we are working a new form»
A Tikrit. P. B : American ambassador warned Diabragh, Zalmay Khalilzad, said yesterday during his visit Tikrit, the birthplace of ousted president Saddam Hussein. from < »negative role of Iran and Syria, accusing them of supporting the groups as" kill Iraqis ».
Khalilzad said in a gathering of senior officials in the province of Salah Eddin, especially the governor Hamud Alshkuti there is the challenges facing Iraqis is the prevention of regional powers which want failed Iraq. Two States played a negative role namely Iran and Syria ». He added, "These systems support groups kill Iraqis and their goal is to put the Iraqis in the gun to keep Iraq weak».
Khalilzad called on the need to unite to "confront the enemy and against the Iraqi sectarian and the killing of innocent people». He said that the success of the operation remains the hands of the Iraqis and I expect that they will reach these goals ». He added, "Whenever we move forward, it is important to realize the mistakes that had occurred in the past (...) Today we are working a new form ».
He said Khalil also added know that the Iraqi government with the assistance of the American forces disbursed amount of 975 million dollars to maintain, There are future projects to build roads and bridges and improve electric power and other ».
Middle East
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