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

Originally Posted by shotgunsusie

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Great find Susie, can't get into link.

Originally Posted by Adster

Great find Susie, can't get into link.

Economics: official source at the Central Bank : the aim of the auction, the daily maintenance of the stability of the value of the Iraqi dinar

Adster! {From the site that you could not access in English!}

:Baghdad : al-Basil
The Iraqi Central Bank to sell the American dollar against the Iraqi dinar through a daily auction exhibit, since this auction is a tool for achieving stability in the value of the Iraqi dinar by defending the exchange rate stable for a long period, which reflected the general level of prices.
According to an official source at the Central Bank of Iraq in response to a question from the representative of the new "morning" The source added : there is no intention at this time to change the Iraqi currency is expected that the issuance of new categories of transactions, and according to the requirements of the Iraqi economy to meet the expenses of the state in the next stage.
Regarding future plans to address the debt Iraqi source said that Iraq signed agreements with the Paris Club countries to address its debts by reducing 80% of the debt.
اAs for the restoration of Iraq's financial position and economic cooperation between the countries of the world, the legal duration of the source indicated that Iraq started to restore its economic and financial gradually since that depends on the internal stability of the country and this site will be enhanced activation of the investment law, and the evolution of the security situation.

As for the supervision of the domestic banking activity in Iraq by the Central Bank and reform of the source pointed out that the Central Bank is supervising the local banking activity and as stated in Article (40) of the Central Bank Act No. 56 of 2004 as well as through the Banking Act No. 94 of 2004 as e a bank related to the activities of banks towards the enhancement of their role in the implementation of monetary policy in particular through channeling the savings to the various aspects of investment, so as to achieve economic growth. On the other hand source said that the Central Bank had granted banking licenses of many Arab and foreign banks, whether licensing NTSB open a branch in Iraq or the establishment of a banking entity, It was also the opening of representation offices. This is the beginning of cooperation and openness to the world towards the revitalization of the economy in the country.

Thanks matey, this'll stuff the naysayers more than ever who have cried for a lop/reprint. Wankers.

Originally Posted by Adster

Thanks matey, this'll stuff the naysayers more than ever who have cried for a lop/reprint. Wankers.

Humm... whats more, our noses says... somethin's cooking up...!!! It's Dinar time folks...

.... including smelly naysayers too....!!!

neno,

Author, and motivational speaker
Tony Robbins says that there are 3
stages to the 'truth'.

1. First, the truth is ridiculed
2. The truth is violently opposed
3. Accepted as truth

October 2006 is Iraq's holy month,
the most holy of the year. Marked
also by the most violent month in
2 years.

If this is the violent opposition
phase, coupled with US Federal
elections; What event could possibly
create an environment of
'accepted as truth'?

Is this possible? I'm a possibility
thinker, I have been all along.

Will some leader in Iraq come out
of the gates running for President
and connect enouph support to allow
US troops to back off?

Iraq Dinar is a high risk investment,
with potential for high returns on
investment. I've been telling folks
this too all along.

We are all hungry for knowledge. I
just want to let everyone know that
the banking systems in Iraq are
running full swing. I'm here for
you also, to smooth over and watch
over your transactions.

Regards,
Darren Chabluk
http://DrDinar.com/report


(c) 2006 DarrenChabluk.com, Inc.

Originally Posted by Adster

Great find Susie, can't get into link.

Translated version of http://www.newsabah.com/paper.php?name=News&file=article&sid=22813

Thanks Susie. You know when I got into this investment nearly 18 months ago you never saw articles like this. Great news, every day we're hearing something that is putting the final pieces to this jigsaw.

This week will be the most exciting to date, convinced of that.

I believe we're all going to be very wealthy before the year is out. What's the Caymans like in December??!!

Let's hope it improves for December, do I hear a Wootttttttttttt?!





5-Day Forecast for Grand Cayman

Monday

Tuesday

Wednesday

Thursday

Friday


86° F | 82° F
30° C | 28° C

86° F | 82° F
30° C | 28° C

87° F | 84° F
31° C | 29° C

86° F | 82° F
30° C | 28° C

86° F | 82° F
30° C | 28° C
Rain 100% chance of precipitation
Rain 100% chance of precipitation
Rain 60% chance of precipitation
Rain 80% chance of precipitation
Chance of Rain 20% chance of precipitation

Originally Posted by Adster

Let's hope it improves for December, do I hear a Wootttttttttttt?!




5-Day Forecast for Grand Cayman

Monday

Tuesday

Wednesday

Thursday

Friday


86° F | 82° F
30° C | 28° C

86° F | 82° F
30° C | 28° C

87° F | 84° F
31° C | 29° C

86° F | 82° F
30° C | 28° C

86° F | 82° F
30° C | 28° C
Rain 100% chance of precipitation
Rain 100% chance of precipitation
Rain 60% chance of precipitation
Rain 80% chance of precipitation
Chance of Rain 20% chance of precipitation

I definitely don't want to go when it is raining, I get enough of that here!

MENAFN - 30/10/2006

MENAFN) - According to officials, Iraqi parliament approved the foreign investment law and now as the first step toward many Saudi investments coming to Iraq, many Saudi businessmen are getting ready to establish a number of development projects in the country, Al-Eqtisadiah Daily reported.

Authorities in Iraq are reviewing the projects and providing the necessary guarantees to attract investors and attract more Arabian capital.

Consultant at the Iraqi ministry of housing said that there are three major projects that Saudi investors tend to launch in Iraq, that include industrial, housing and agricultural investments with the total investment estimated at more than $587 million. The agricultural project is considered to be the biggest one, occupying a large space of land and will improve the Iraqi agricultural production.

The projects will help in developing the infrastructure of Iraq and their investment will be a great benefit to the country. The projects will also receive many incentives such as tax exemption for 10 years and the option to transfer the money abroad after paying the Iraqi government.

The consultant pointed out that a business forum would be held in the upcoming two months in Kuwait where Iraqi businessmen will meet their Arab counterparts to reveal investment opportunities in Iraq. About 500 Saudi companies are expected to attend the gathering.

MENAFN - Middle East North Africa . Financial Network News: $587 million Saudi investments in Iraq