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

Originally Posted by ezcash

hmm Press conf. did give him a platform for his messge for upcoming votes..
but I did think it was interesting that he did make mention of the oil resources in Iraq and who ever controlled it would have a ground for either promoting terrorist or defeating it.. not exact words but that was the thought...

So in the bigger picture what do you think as far as anything he said affecting a soon to be rv or not?

Well, I think that is the question of the day. On one hand you have Maliki blasting the Americans for imposing timetables and bombing Sadr. And on the other, you have Bush stating that Maliki is doing great, that the U.S. is not imposing timetables, but helping Iraq to meet benchmarks, and that he didn't realize that Maliki wasn't informed about the bombing on Sadr.

They both seem to be talking in circles, so if someone can make any sense of it, please step up and clarify for the rest of us. Because, now I feel like the ***** for not being able to pick out the truth!

Also I would like Adster and Mikes take on this





paynes1 paynes1 is offline
Supporter and Investor!

Join Date: Dec 2004
Posts: 93
Then International compact vs Marshall Plan
" On April 2, 1948, through the enactment of the Economic Cooperation Act, the United States responded by creating the Marshall Plan. While the IMF and the World Bank were created as permanent institutions, the goal of the Marshall Plan was specific: To stabilize Europe, not as a permanent program for European recovery but as an emergency tool of assistance."

the link USAID: USAID History

The enactment of the Marshall Plan occured on April 2, 1948 and the increase in the exchange rate of the currency happened in June of 1948 about 2 1/2 months later. During this time period the US was running around to individual countries trying to get them on board with the Marshall Plan.

It is also interesting to note that Usaid is the part of the marshall plan that gave Europe the assistance they needed.

The timeline of the International compact for Iraq.
The Start was July 27, 2006

HIGHLIGHTS OF THE NOON BRIEFING

BY MARIE OKABE
DEPUTY SPOKESMAN FOR THE SECRETARY-GENERAL

UN HEADQUARTERS, NEW YORK

Thursday, July 27, 2006

IRAQ: INTERNATIONAL COMPACT IS LAUNCHED

the link ARCHIVES

Then we have the meeting in Abu Dhabi where Kofi said the following....

"Since its launch on 27 July, considerable work has already gone into the Compact, which will provide the framework for a defined, prioritized and benchmarked economic programme for the next five years. The recent preparatory meeting held in Abu Dhabi on 10 September has given the Compact further direction and content.


Yet it remains a work in progress. Indeed, the need to complete the Compact in good time?ideally by the end of the year?must be balanced by the equally great need for it to be well-developed, substantive and sustainable. A broad consultative process both inside and outside Iraq, to ensure adequate buy-in of the Compact, is indispensable.


Finally, Iraq remains under a number of obligations imposed by the Council under Chapter VII. Since the country now has a sovereign, constitutionally-elected Government, I hope Council members will find a means to address this situation as early as possible."

Notice the words buy in , he is talking about other counrties.

the link The Secretary-General's Statements

11/10/2006
The International Compact has a meeting in bagdad with video links to the European Union, World Bank, ................

"Secretary-General Kofi Annan’s Special Representative Iraq Ashraf Qazi and Iraqi Deputy Prime Minister Barham Saleh co-chaired the meeting, which was also attended by senior Iraqi ministers and Government advisors, with a video-link to the European Union (EU) presidency, World Bank, UN Headquarters in New York, the Arab Fund and the Islamic Development Bank."

All the big boys listened in on this meeting.

the link http://www.iraqdirectory.com/DisplayNews.aspx?id=2285

Then they schedule a meeting on the 19th of Octocber with no news releases. They are not letting it be known if they did meet.

"The meeting discussed progress made thus far, and the upcoming steps to ensure success of the ICI. These steps will include, among others, expanding and reviewing the ICI draft to reflect comments by Iraqi officials and donors. Outcomes of the first round of Sector Working Groups and the second iteration of the ICI Document as updated will be presented to the Preparatory Group Members at the next PG meeting to be held on Oct 19 in Baghdad."

the link Show Article

I would say the next stage would be the implementation stage of the international compact.
The reasons to believe this.
1. More than likely the have or are real close to solving all the outstanding debt issues.
2. They apparently have the ACH and RTGS functional and are just sitting.
3. The 100 billion Id full capitalization to the Central bank of Iraq will not be a problem on implemention of the International compact. This was supposed to take place by Dec 31, 2006 according to the Stand by arrangement.
4. The International Advisory and Monitoring Board has a meeting scheduled Oct 31 , 2006. When they meet the Iraqi Govt can Request control of the oil proceeds from the IAMB and Resend Resolution 1637 and sign article VIII and trade thier curency internationally.
5. The real big problem is Inflation is currently at 70% and increasing in Iraq.
This will have a definte impact on thier reserves and could cause their economy to collapse if the inflation rate continues a steady pace upward.


All this info sounds like it may happen soon, but we have to remember that we are on Iraqs timeline not ours.

However , there will be a day when we can go to the bank and say show me the money

Bush just had to be heard as saying 'we will succeed', 'give us more time, give us your vote and you'll see'.

Sure things are going on behind the scenes but Bush is still behind in the polls and the earlier speech won't be enough to swing the votes IMO.

So with maliki riding on thin ice,possibly replaced and the kurds taking controll!
where does that leave the reval?Will this delay our fortune?anybody please?
sarah!!!!GO DINAR GO!!!!

Originally Posted by choochie

Well, I think that is the question of the day. On one hand you have Maliki blasting the Americans for imposing timetables and bombing Sadr. And on the other, you have Bush stating that Maliki is doing great, that the U.S. is not imposing timetables, but helping Iraq to meet benchmarks, and that he didn't realize that Maliki wasn't informed about the bombing on Sadr.

They both seem to be talking in circles, so if someone can make any sense of it, please step up and clarify for the rest of us. Because, now I feel like the ***** for not being able to pick out the truth!

Political bullshit, just an hour of dribble. Bush is not going to 'diss' Maliki publically....

Originally Posted by jsfletcher

Also I would like Adster and Mikes take on this





paynes1 paynes1 is offline
Supporter and Investor!

Join Date: Dec 2004
Posts: 93
Then International compact vs Marshall Plan
" On April 2, 1948, through the enactment of the Economic Cooperation Act, the United States responded by creating the Marshall Plan. While the IMF and the World Bank were created as permanent institutions, the goal of the Marshall Plan was specific: To stabilize Europe, not as a permanent program for European recovery but as an emergency tool of assistance."

the link USAID: USAID History

The enactment of the Marshall Plan occured on April 2, 1948 and the increase in the exchange rate of the currency happened in June of 1948 about 2 1/2 months later. During this time period the US was running around to individual countries trying to get them on board with the Marshall Plan.

It is also interesting to note that Usaid is the part of the marshall plan that gave Europe the assistance they needed.

The timeline of the International compact for Iraq.
The Start was July 27, 2006

HIGHLIGHTS OF THE NOON BRIEFING

BY MARIE OKABE
DEPUTY SPOKESMAN FOR THE SECRETARY-GENERAL

UN HEADQUARTERS, NEW YORK

Thursday, July 27, 2006

IRAQ: INTERNATIONAL COMPACT IS LAUNCHED

the link ARCHIVES

Then we have the meeting in Abu Dhabi where Kofi said the following....

"Since its launch on 27 July, considerable work has already gone into the Compact, which will provide the framework for a defined, prioritized and benchmarked economic programme for the next five years. The recent preparatory meeting held in Abu Dhabi on 10 September has given the Compact further direction and content.


Yet it remains a work in progress. Indeed, the need to complete the Compact in good time?ideally by the end of the year?must be balanced by the equally great need for it to be well-developed, substantive and sustainable. A broad consultative process both inside and outside Iraq, to ensure adequate buy-in of the Compact, is indispensable.


Finally, Iraq remains under a number of obligations imposed by the Council under Chapter VII. Since the country now has a sovereign, constitutionally-elected Government, I hope Council members will find a means to address this situation as early as possible."

Notice the words buy in , he is talking about other counrties.

the link The Secretary-General's Statements

11/10/2006
The International Compact has a meeting in bagdad with video links to the European Union, World Bank, ................

"Secretary-General Kofi Annan’s Special Representative Iraq Ashraf Qazi and Iraqi Deputy Prime Minister Barham Saleh co-chaired the meeting, which was also attended by senior Iraqi ministers and Government advisors, with a video-link to the European Union (EU) presidency, World Bank, UN Headquarters in New York, the Arab Fund and the Islamic Development Bank."

All the big boys listened in on this meeting.

the link http://www.iraqdirectory.com/DisplayNews.aspx?id=2285

Then they schedule a meeting on the 19th of Octocber with no news releases. They are not letting it be known if they did meet.

"The meeting discussed progress made thus far, and the upcoming steps to ensure success of the ICI. These steps will include, among others, expanding and reviewing the ICI draft to reflect comments by Iraqi officials and donors. Outcomes of the first round of Sector Working Groups and the second iteration of the ICI Document as updated will be presented to the Preparatory Group Members at the next PG meeting to be held on Oct 19 in Baghdad."

the link Show Article

I would say the next stage would be the implementation stage of the international compact.
The reasons to believe this.
1. More than likely the have or are real close to solving all the outstanding debt issues.
2. They apparently have the ACH and RTGS functional and are just sitting.
3. The 100 billion Id full capitalization to the Central bank of Iraq will not be a problem on implemention of the International compact. This was supposed to take place by Dec 31, 2006 according to the Stand by arrangement.
4. The International Advisory and Monitoring Board has a meeting scheduled Oct 31 , 2006. When they meet the Iraqi Govt can Request control of the oil proceeds from the IAMB and Resend Resolution 1637 and sign article VIII and trade thier curency internationally.5. The real big problem is Inflation is currently at 70% and increasing in Iraq.
This will have a definte impact on thier reserves and could cause their economy to collapse if the inflation rate continues a steady pace upward.


All this info sounds like it may happen soon, but we have to remember that we are on Iraqs timeline not ours.

However , there will be a day when we can go to the bank and say show me the money

That's what I'm talking about!!!!

I am wondering about the difference In currency in Iraq. I thought that all of Iraq had the same currency. Basically the NID. IF the Kurds Have a different currency, and a different monitory Standard, what is it? Just wondering. even after all the reading, and following of the news events, and announcements< I am still a little confused.

also If Malaki is going to be dissed and the kurds takeover --will it effect the RV, and NID that we all hold?

Originally Posted by PAn8tv

Next week

Warka was the only bank that was not opening until next week. State banks only closed 10/23 and 10/24.

Iraq Public Holidays and Bank Holidays - Calendar 2006

Hmmm, what have we been saying......


Wednesday, October 25, 2006
Coup against Maliki reported in the making
Iraqi army officers are reportedly planning to stage a military coup with U.S. help to oust the government of Prime Minister Nouri al-Maliki.


TERRORISM NEWS: Coup against Maliki reported in the making






Cairo-based Iraqi and Arab sources said Monday several officers visited Washington recently for talks with U.S. officials on plans for replacing Maliki's administration by a "national salvation" government with the mission to re-establish security and stability in Iraq.

One Iraqi source told United Press International that the Iraqi army officers' visit to the United States was aimed at coordinating the military coup in case the efforts of Maliki's government to restore order reached a dead end.

He said among the prominent officers were the deputy chief of staff, a Muslim Shiite, the intelligence chief, a Sunni, and the commander of the air force, a Kurd. It is believed the three would constitute the nucleus of the next government after the army takes over power.

The proposed plan, according to the source, stipulates that the new Iraqi army, with the assistance of U.S. forces, will take control of power, suspend the constitution, dissolve parliament and form a new government. The military will also take direct control of the various provinces and the administration after imposing a state of emergency.

An Arab source also told UPI that certain Arab countries were informed of the plan and requested to offer their help in convincing the former leaders of the deposed Baath Party regime residing in their countries to refrain from obstructing the move and stop violence perpetrated by the party in Iraq. In return, they will be invited to participate in the government at a later stage.

Washington is becoming increasingly impatient with the failure of Maliki's government in quelling sectarian violence threatening to plunge Iraq in an all-out civil war.

Source