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

Originally Posted by shotgunsusie

yeah, no al sabaah for 4 days now. didnt happen last year for the holiday but they were closed last year for the referendum on the constitution.

japan 'loaning' them money for oil and gas development, lol.

http://www.rolclub.com/125017-post141.html

http://www.rolclub.com/125044-post163.html

i added something to your list from yesterday but i cant remember what it was.

The Japs are no fools. Funny how all these countries are getting involved last minute, Saudis, Kuwait.......hhmmmmmmmmm......

With the article above and the CBI article yesterday we're seeing more and more references to 'strengthening, buying power, increasing the value'. This was unheard of a year ago!!!

I had a few drinks with a mate last night trying to get him on board and buy some, arrogant tosser was having none of it. His loss I said.

Kuna site|Story page|Iraqi deputy PM tells world community not to "cut ...10/23/2006

Iraqi deputy PM tells world community not to "cut and run" from his country

POL-LD UK-IRAQ-TALKS
Iraqi deputy PM tells world community not to "cut and run" from his country

LONDON, Oct 23 (KUNA) -- Iraq's Deputy Prime Minister Barham Salih Monday urged the international community not to "cut and run" from his country.

Salih was speaking to reporters outside No 10 Downing Street following talks with British Prime Minister Tony Blair, amid growing controversy on both sides of the Atlantic over how long coalition troops can remain in the country.

"We do believe there is no option for the international community to cut and run, the future of Iraq is vital to the future of the Middle East and the world order," he told reporters.

He said Iraqis had to give the lead but they would need help for some time.

"This is a society that was traumatised by 35 years of tyranny, and trying to build a functioning democracy in the heart of the Islamic Middle East." "This is not an easy situation, but we are mindful of our responsibility. At the end of the day, it is for the elected government of Iraq to make tough choices, but for some time we need the support of the international community, " Salih added.

Earlier, a Downing Street spokesman rejected reports that Blair would use the meeting to press Salih for assurances that Iraqi security forces would be ready to take over control of the south of the country within 12 months.

Number 10 today emphasized that it was for the Iraqi government to judge when it was ready to take on responsibility for security.

Blair's official spokesman said that any decision on the draw down for British forces would be a "political decision." "This is a process, not an event," he said.

"We are not working to an arbitrary deadline. We are working to the point where the Iraqis are capable of providing for their own security." "We are still in the business of Iraqisation," the Prime Ministers official spokesman concluded. (pickup previous) he.

bs

KUNA 231506 Oct 06NNNN

Iraq to control half of provinces by year end: deputy PM - Yahoo! News

Iraq to control half of provinces by year end: deputy PM 42 minutes ago

LONDON (AFP) - Iraqi Deputy Prime Minister Barham Saleh has said that half of the country's provinces would be under direct Iraqi control by the end of the year after meeting British Prime Minister Tony Blair.

"By the end of this year, nearly seven or eight provinces of Iraq out of 18 provinces will be under direct Iraqi security control," he said Monday, stressing the importance of Iraqis taking control with the backing of the international community.

"I do believe there is no option for the international community to cut and run -- the fate of Iraq is vital to the future of the Middle East and world order."

The meeting with Blair at Downing Street came amid increasing debate over US and British strategy in Iraq, where violence is escalating.

The Guardian newspaper reported that Blair would pressure Saleh to show that Iraqi security forces would be ready to take over from Britain's army in the southern provinces of Iraq within a year, but Blair's office denied there would be any talk of an exit strategy.

In a BBC radio interview earlier, Saleh cautioned against "panic" in the debate on Iraq and spoke of the need for an "enduring partnership" with the United States and Britain.

The meetings come after US President George W. Bush met top advisors and generals Saturday as reports suggested he was increasing the pressure on Baghdad to control the violence and that the United States could adjust its strategy if there was no improvement.

About 85 US troops have been killed in Iraq so far this month and, if deaths continue at the same rate, it will be the bloodiest month for the US military since November 2004.

Don't panic, Iraq tells U.S. and UK - Yahoo! News

Don't panic, Iraq tells U.S. and UK By Adrian Croft
2 hours, 8 minutes ago

LONDON (Reuters) - Iraqi Deputy Prime Minister Barham Salih warned against defeatism and panic on Monday as his U.S. and British allies came under growing pressure to change their Iraq strategy in the face of relentless bloodshed.

Salih, in London for talks with British Prime Minister Tony Blair and other British ministers, made clear his anxiety about the change in tone in London and Washington, where senior figures are questioning whether the current strategy in Iraq is viable.

"I'm obviously concerned about the debate both in the U.S. and Europe, I have to say, because there is too much of a pessimistic tone to this debate -- even I would say in certain circles a defeatist tone," he told BBC radio.

"We need to be realist but not defeatist. We need to understand that there is a need of utmost urgency to deal with many of the problems of Iraq but we must not give in to panic."

U.S. military deaths in Iraq in October have reached 83, making it the most deadly month for Americans this year and raising pressure on President George W. Bush before Congressional elections next month in which Republicans could lose majorities in both houses.

U.S. military officials in Iraq have admitted that a two-month plan to secure Baghdad has failed to curb violence.

In Britain, army chief General Richard Dannatt sparked a political storm this month by saying British troops should withdraw from Iraq soon as their presence was worsening the security situation there and in the wider world.

Salih said the current situation in Iraq could not go on.

"Especially the last month has been exceptionally tough and difficult, but really failure is not an option...," he said.

British officials gave a similar message before their meetings with Salih. Foreign Secretary Margaret Beckett said: "We need to keep our nerve. We need to get Iraq back on its feet. We need to establish greater stability."

NOT BUSINESS AS USUAL

The Iraqi government recognized it could not be business as usual and planned important laws on demobilization and disarmament of militias, Salih said.

Bush said on Saturday he would make "every necessary change" in tactics to try to control violence in Iraq, but said the U.S. goal there was clear and unchanging.

U.S. State Department official Alberto Fernandez said on Al Jazeera television the U.S. had shown "arrogance" and "stupidity" in Iraq, but later said he had misspoken.

Blair has vowed to stand firm on his policy of withdrawing progressively from Iraq as local security forces take over from British troops. An official said at the weekend that Iraqi security forces could be ready to take over within a year.

In an attack highlighting the problems Washington and London face in recruiting and training Iraqi security forces, 13 police recruits were killed and 25 wounded in an ambush on a convoy of buses near the town of Baquba, north east of Baghdad, on Sunday.

Former U.S. Secretary of State James Baker is leading a panel preparing recommendations for alternative strategies in Iraq and some have suggested the administration might use the group's findings as cover for an exit strategy. But the report will not be issued until after the November 7 election.

(Additional reporting by Claudia Parsons in Baghdad and Sophie Walker in London)

Originally Posted by laurenr

Still at 1470, itś been set at this for over a week now I think ?

Is that good news do ya think..........

It's currently at 1473.

Also noticed that there WERE auctions during last week's website outage.

Looks like TheBrain was right after all.....too bad if he is still banned from here...not sure why he was banned if this is true can someone tell me what happened? I took the weekend off and I'm still catching up.

Looks like business as usual to me...

I'm not reading too much into the website being down last week. I'd call this an "anomoly".


Time is running out for Iraq.... The US has very little support for the situation in Iraq from it's citizens and even the hard core GOP is changing it's tune lately.

I still have hope however.....things can still work out.

Originally Posted by Hardwood

It's currently at 1473.

Also noticed that there WERE auctions during last week's website outage.

Looks like TheBrain was right after all.....too bad if he is still banned from here...not sure why he was banned if this is true can someone tell me what happened? I took the weekend off and I'm still catching up.

Looks like business as usual to me...

I'm not reading too much into the website being down last week. I'd call this an "anomoly".


Time is running out for Iraq.... The US has very little support for the situation in Iraq from it's citizens and even the hard core GOP is changing it's tune lately.

I still have hope however.....things can still work out.

some of us believe that the auctions posted in the archive are ficticious compared with regular auction postings. the bank was down due to them hooking up the other banks to their automated system for exchange that was necessary for them to go international. there is an article posted here somewhere about that too.

things are very much in great news mode for iraq contrary to western media chimings. read some of the news that is posted for the last couple days. it cant be denied that the revalue is at hand.

Agreed Susie, I've had some pm's from downhearted people. Don't be for facks sake! We're on the verge. The news we read is on the surface, do you really think CNN, BBC etc are going to give us news on the fil, the oil law or even a r/v? Course not, they tell us about a bombing in Baghdad. Bad news sells!!! I'm not denying the security is a problem out there but give the people something back, jobs, decent economy, money in their pocket, pay bombers to not blow themselves up and security will improve. Catch 22 situation.

With the article Susie found today, the CBI report yesterday and it's looking extremely likely a r/v is imminent.

Keep positive and hang in there people. We know the current rate is artificial, a programme rate and not a true indication of what it should be. What should it be? Well a few years back it was $3.22, then $1.60 per dinar. That a time when they were banging out less oil at a lower price than today. That in itself tells you a lot.....

Originally Posted by shotgunsusie

some of us believe that the auctions posted in the archive are ficticious compared with regular auction postings. the bank was down due to them hooking up the other banks to their automated system for exchange that was necessary for them to go international. there is an article posted here somewhere about that too.

things are very much in great news mode for iraq contrary to western media chimings. read some of the news that is posted for the last couple days. it cant be denied that the revalue is at hand.

Thanks for the update Suz.... You are greatly appreciated!

I agree that the media is is full campaign mode and therefore unable to give the general population a positive outlook. Too bad, isn't it?

I also agree the real news is pointing to an imminent adjustment to the current value of the dinar.

Now that Ramadan is nearly over, I'm sure we'll see a dramatic and life changing event happen soon!

C'mon Iraq.....get your Shiite together!

Originally Posted by Adster

Agreed Susie, I've had some pm's from downhearted people. Don't be for facks sake! We're on the verge. The news we read is on the surface, do you really think CNN, BBC etc are going to give us news on the fil, the oil law or even a r/v? Course not, they tell us about a bombing in Baghdad. Bad news sells!!! I'm not denying the security is a problem out there but give the people something back, jobs, decent economy, money in their pocket, pay bombers to not blow themselves up and security will improve. Catch 22 situation.

With the article Susie found today, the CBI report yesterday and it's looking extremely likely a r/v is imminent.

Keep positive and hang in there people. We know the current rate is artificial, a programme rate and not a true indication of what it should be. What should it be? Well a few years back it was $3.22, then $1.60 per dinar. That a time when they were banging out less oil at a lower price than today. That in itself tells you a lot.....

did you read that article about the fact that iraq had enough gold in switzerland bank to support the value of the dinar during the saddam reign?? the gold was supposedly stolen from the bank, but it defuncts the theory that he was makin up that rate.

I just ran across this....Looks like they better reval this week because......Shabibi is going to be out of town next week and he is a keynote speaker at the conference listed below....I am sure he would like to have the reval done to show counterparts at the conference what great strides Iraq is making...Just my opinion...

Commonwealth – Middle East –
North Africa Business Forum
Strategic Alliances, Financial Flows and Islamic Banking
30th - 31st October 2006, The Hilton Canary Wharf - London, England
Overview
Agenda
Speakers
Sponsors
Partners
Accomodation
Contacts
Register
Day One - 30th October 2006 Day Two - 31st October 2006


Day One 30th October 2006
08:00 – 08:55
Registration

09:00 – 10:30
Opening Ceremony: Promoting Trade between Middle East, North Africa and Commonwealth Countries

Key note speeches:
Ministerial Presentations from Middle Eastern, North African Region (MENA), Europe and the Commonwealth

Chair: Dr Mohan Kaul, Director-General, Commonwealth Business Council
Speaker: Hon Dr Michael Frendo, Minister for Foreign Affairs, Malta
Speaker:Hon Nenadi Usman, Federal Minister of Finance, Nigeria
Speaker:Dr Joseph Torbey, Chairman, Union of Arab Banks & Chairman, Credit Libanais S.A.

10:30 – 11:00
Refreshment Break


11:00 – 12:30
Creating Opportunities for Enhanced Trade, Investment and Economic stability between the Middle East and North Africa, Commonwealth and Europe


Chair - TBA
Speaker: Hon Ed Balls MP, Economic Secretary to UK Treasury
Speaker: Hon Shri Kamal Nath, Minister of Commerce and Industry, India
Speaker:Dr Sinan Al-Shibibi, Governor, Central Bank of Iraq
Speaker: Shafik Gabr, Chairman & CEO, Artoc Group of Investment & Development


12:30 – 14:00
Lunch


14:00 – 15:30
Current political Climate and policies towards Middle East: Effects on Trade and Investments

Chair - TBA
Speaker: HE Dr Adib Mayaleh Governor Central Bank of Syria
Speaker: HE Dr Mervat M.Tallawy, Under-Secretary-General, UN Executive Secretary General UN Economic and Social Commission ESCWA, Lebanon

15:30 – 16:00
Refreshment Break

16:00 – 17:30
MENA-Commonwealth Strategic Alliances: Case Studies

Chair - TBA
Speaker: Pascal Dozie, Chairman, Diamond Bank Plc, Nigeria
Speaker: Mohamed Barakat, Chairman & General Manager, Misr Bank, Egypt
Speaker: R. Seetharaman, Vice CEO, Doha Bank-Qatar

17:30
Close of day one

19:00
Gala Dinner Hosted by : Bloomberg
Keynote Speakers:
Dr Sinan Al-Shibibi, Governor, Central Bank of Iraq
HE Dr Adib Mayaleh Governor Central Bank of Syria

Commonwealth Business Council