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

Originally Posted by MrsCK

ANOTHER MYSTERY - need help on this one - looking at the daft of the compact.

LINK TO DRAFT

go to page 13 about the hydrocarbon law - SO here is the mystery - did they need VIII signed before the pass the Hydrocarbon?

OR did they already PASS the dang thing and VIII puts it into effect?

Expert help here please

RV I think will be Thurdays - but WHO KNOWS

No, the hydrocarbon law just has to be passed and enacted in its own rights like the fil. Article V111 lifts off all the restrictions on the dinar it currently has and makes it fully convertible and similar to say the pound, dollar etc.

Now it could well be the hydrocarbon law has already been done but not announced, very possible.

Article V111 and enacted FIL are the biggies as they go hand in hand with a reval as it will then be an international currency we will soon see traded on the Forex etc....

At this point I don't think it matters what rate it opens at as the countries are queueing up to invest. And once the hydrocarbon law is enacted that rate will go so much higher with all the big oil companies investing.

We just need to start the ball rolling.

Originally Posted by Adster

Now he's thinking, shall we make it $1.48 or $3.00 per dinar, lol.

So, we have NO word that they signed Article VIII? That is just amazing. It's the end of the day there, SOMETHING should have happend and been announced by now, but we have no word???

Simply amazing.

Originally Posted by CharmedPiper

Adster that guy there is the guy from the U.N....he looks just like Shabibi. (hard to read name tags but I blew them up and Shabs has blue tie, the U.N. guy has maroon). I really need to get a life...LOL

Wow, they look like twins, lol.

Originally Posted by DinarDarling

So, we have NO word that they signed Article VIII? That is just amazing. It's the end of the day there, SOMETHING should have happend and been announced by now, but we have no word???

Simply amazing.

We may not hear it straight away. We need to see a draft of what was said, translate it and get a better idea.

Adster,
Sure Article VIII was something on the agenda for their meeting. I sure hope so.
LIT

Originally Posted by yipee

.....talking about Maliki and Kofi Annan ( I caught those names).

United Nations stuff....

Originally Posted by lonelyintexas

Adster,
Sure Article VIII was something on the agenda for their meeting. I sure hope so.
LIT

Agreed, it's all about whether they want to sign it today or not........

Originally Posted by Adster

Just found this....



Automatically translated text:إلى العراق 31/10/2006 14:44 (توقيت غرينتش) قال مسؤول عراقي الثلاثاء في افتتاح مؤتمر للدول المانحة تستضيفه الكويت، إن بلاده تأمل في الحصول على 100 مليار دولار من الدول المانحة لتطوير بناها التحتية على مدى السنوات الخمس القادمة. وقال علي الدباغ المتحدث باسم الحكومة العراقية خلال مؤتمر صحفي عقد بمناسبة المؤتمر إننا بحاجة إلى هذه المبالغ لإعادة بناء بنية العراق التحتية، إنه رقم تقريبي للسنوات الخمس القادمة. وأضاف الدباغ بعد انعقاد اجتماع اللجنة التحضيرية للعقد الدولي مع العراق، إن العراق بحاجة للمساندة من أجل إعادة بناء قطاعه النفطي. ويشارك في الاجتماع الذي يستمر يوما واحدا، ممثلون عن 14 دولة مانحة رئيسية إضافة إلى سبع مؤسسات دولية. ويتوقع أن يسفر اللقاء عن اعتماد مسودة اتفاق شراكة بين بغداد والمجتمع الدولي. وقال وزير الخارجية الكويتي الشيخ محمد الصباح إن اللقاء سيبحث في السبل المثلى لاستخدام المساعدات التي تعهدت دول مانحة بتقديمها للعراق في مؤتمر مدريد. وتطالب الدول المانحة بغداد بتنفيذ برنامج اصلاح اقتصادي واجتماعي وأمني إضافة إلى مكافحة الفساد المستشري، قبل تقديمها أي مساعدات. مما يذكر أن التحضيرات لعقد اجتماع "العقد الدولي" تمت بمبادرة من الحكومة العراقية الحالية بهدف تأمين الدعم المالي والسياسي من المجتمع الدولي لإرساء السلام والديموقراطية في العراق. Close Window Iraq to 31 / 10 / 14 2006 :44 (Greenwich Mean Time) An Iraqi official said Tuesday at the opening of a conference of donor countries hosted by Kuwait., that his country hopes to obtain $ 100 billion from donor countries to develop its infrastructure over the next five years.Skinner said the spokesman for the Iraqi government during a press conference held on the occasion of the conference we need these funds to rebuild the infrastructure of Iraq infrastructure.that approximation for the next five years.Skinner added after the meeting of the Preparatory Committee for the International Decade with Iraq.Iraq needs the support to rebuild its oil sector.Participants in the meeting, which lasts one day,Representatives of the 14 major donor in addition to seven international institutions.The meeting is expected to result in the adoption of a draft agreement between Baghdad and the international community.He said Kuwait's Foreign Minister Sheikh Mohammad al-Sabah said that the meeting will discuss the best ways to use the assistance pledged by donor countries had promised to Iraq at the Madrid conference.Donor countries and demanding Baghdad implementation of the economic reform and social security as well as the fight against rampant corruption,before submitting any assistance.It will be recalled that preparations for a meeting of the "International Decade" at the initiative of the current Iraqi government in order to secure financial and political support from the international community to establish peace and democracy in Iraq.Close Window

so whats your take on this? sorry I'm not the sharpest knife in the drawer

Originally Posted by Adster

Agreed, it's all about whether they want to sign it today or not........

Did you notice in some of the pictures towards the bottom of the page of pictures from the meeting that there are people seated at tables signing papers....there are 2 at each table...just wondering if MAYBEEEEEEEE with a little luck they are signing article VIII....gotta' keep the faith!!!

Very interesting; i was going to bridge a friend that could interpret the Arabic, but now they are speaking English; wow, they are talking about monetary stuff now!

Great news! I like the words used, "significant" & "substantial"!

Hope you all are listening!