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

Source : Journal of the Conference-01 / 11 / 2006
Ambassador, the European Commission adopted in Baghdad (Ilkka Osei Kalo), the importance of a joint bilateral agreements with European countries expressed strong desire of these countries to open up Iraq and the broadening horizons of cooperation in all areas. This came during a meeting between Dr. Abdul farmer Hassan, the Sudanese Minister of Trade Union's ambassador at the Ministry's headquarters yesterday, Monday, according to a spokesman at the ministry told the media (morning), pointing out that European diplomat discussed with the Minister the draft comprehensive convention for cooperation in various sectors in preparation for approval, which will be مقد away the cooperation, trade and investment in Iraq, according to the international standards adopted in international organizations, in addition to containing paragraphs to combat terrorism and drying up the sources of financing. For his part, Dr. new Sudanese Iraq's cooperation with the European Commission to benefit from the experiences of developed and modern states and investing in the provision of training opportunities aimed at building the capacities of its staff working in the areas of modern means of communication and the process of privatization under the social and political situation in Iraq, stressing that the Iraqi government is working to develop the private sector to assume responsibility for managing the trading process in the country after benefiting from the experiences of developed countries in this area.

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Originally Posted by gogreen

Hi everybody, I have been keeping up with reading all the important stuff and am grateful to everyone who searches for and posts all the news articles they can find concerning Iraq.
One thing though that has been plaquing me for some time now is the fact that hundreds of thousands of people have bought millions of IQD which most likely is now into the trillions of IQD for speculation. Now, when the IQD revalues as high as we all hope it to be, where is all the money going to come from to pay all of us as we trade in our IQD? We know that Iraq doesn't have the money to back up that amount. Sure they have the oil, but most of it is still in the ground and what they are pumping out right now is helping them to keep going economically, but thats about it. So am I to assume that the trillions of dollars that have to be paid out will come from the international banking community? I obviously don't have much understanding when it comes to the worlds monetary systems. Is anyone able to please put my mind at ease since I have put some of my last money (I lost big time with PIPS) into buying a few millon IQD's to hopefully see better financial times ahead.
Thanks for anyone bringing forth factual, logical information to put my mind at ease,

gogreen (sorry for being so long winded )

I posted this over at the "go crazy thread" first but all the action seems to be over here, so sorry Neno for causing more work for you!

We have had many discussions about this. But what it really boils down to is that there is 4.3 trillion Dinar in circulation at this time. When Sadam was in power he had 4.2 Trillion. Econimically speaking Iraqi is in a much better postion now than it was back then. They are producing more oil now than ever before shooting for 3 million by end of year, along with the 800 Billion(now worth about 2 trillion) in Gold that the Swiss are holding. This pretty much establishes that the dinar can come in at just about whatever they want it to.

Hope that helps you.

Experts stress the need of the government of the Kurdistan to Baghdad's decision to export oil Barham Salih : there are problems on the oil we defeat them and ensure that the interests of all
المصدر : جريدة المؤتمر - 01/11/2006Source : Journal of the Conference-01 / 11 / 2006


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Draft parliamentarians to punish absent

(Voice of Iraq) - 01-11-2006
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Iraq : project to punish absent from the meetings of parliamentarians

Baghdad (November 1) and the agency (Lucky) Italian News-building witnessed the Palais des Congrès, a strongly worded verbal altercation between Speaker of the Chamber of Deputies Mahmoud Almshahadani and Member of Parliament for the Sunni Accord Front, Abdel-Karim al-Samarra'i on the reasons for not holding the meeting today, , which was scheduled yesterday was postponed due to lack of quorum. Almshahadani He pointed out that the Council will develop a new mechanism for the accounting absent from the meetings, "no matter who they belong to." The President of the Chamber of Deputies (Sunni), during a press conference held by the presence of deputies Khalid al-Attiyah (Shiite) and Aref Taifour (Kurdish) point the finger at a number of members of Accord Front whom he described as "the work according to its own agenda and does not suit the demands of Iraqis," and this is what caused the postponement of the parliament sessions. Addressing Almshahadani Samurai saying, "You bear the consequences of default because of delays and non-attendance at the scheduled time," which led to a brawl that almost lead to hand-to-hand engagement for the intervention of attendance and ended its impact on the press conference. Justifying Almshahadani reasons for the postponement of the lateness of the presence and absence of other MPs from the meeting and confirmed that the Council will host the next meeting of Prime Minister Nuri al-Maliki and the ministers of defense Abdul Qader Mohammed Jassim, Interior Jawad who is to discuss the reasons for the continuing deterioration of the security situation, especially in Baghdad. Discussed, too, the next meeting of Mecca, a document signed by the religious scholars Sunni, Shiite, for approval. In this regard, A member in the House of Representatives from the list of the Shiite coalition common in an exclusive b (Lucky), A number of members of the House of Representatives proposed projects submitted to the Presidency on punishing members absent to attend the meetings include forfeiture of salary, as well as the dissemination of names in the two daily newspapers to inform voters it. " He stressed that rejection of a proposal to cancel or suspend the membership of the absentees from the fact that this meeting is "inconsistent with the Constitution country. " The Presidency Council has decided to postpone today's meeting to the next day, Sunday, the fifth of November because of the current lack of quorum for a meeting of the second day in a row.

01 November 2006 (BBC Monitoring)

Iraqi Vice-President Tariq al-Hashimi has said that the decision made by Prime Minister Nuri al-Maliki to lift the barricades set up in Al-Sadr City was a surprising and a single-handed decision that aims to replace the Baghdad security plan.

Al-Hashimi asked al-Maliki to suspend his decision because this means giving terrorists and saboteurs freedom of movement after Baghdad had witnessed significant improvement thanks to these security measures, as he put it.

Source: Al-Jazeera TV, Doha

Iraqi vice-president rejects premier's Baghdad security move | Iraq Updates

Originally Posted by goldraker

UNAMI-Compact
Iraq’s international partners pledge their support - UNAMI
Baghdad, Nov 1, (VOI) – The preparatory meeting on the International Compact with Iraq (ICI) held in Kuwait on Tuesday has yielded a pledge from the partners to provide financial, technical and political support to help Iraq meet challenges, the United Nations Mission for Iraq (UNAMI) said.
“A High-Level preparatory meeting on the International Compact with Iraq (ICI) took place in Kuwait City, hosted by the Government of Kuwait (on Tuesday). The purpose of the meeting was the final consolidation of support for and endorsement of the International Compact with Iraq, as jointly presented by the Government of Iraq and the United Nations,” the UNAMI said in a statement on Tuesday.
The meeting event was attended with representation of 20 States, regional and multilateral institutions, the formal members of the preparatory group for the ICI, said the statement received by the independent news agency Voices of Iraq (VOI).
Iraq agreed with the United Nations in July on establishing new partnership for Iraq with the international community through “the International Compact for Iraq”.
The primary focus of the Compact will be to build a framework for Iraq’s economic transformation and integration into the regional and global economy.
“The meeting marks the completion of the preparatory process of the ICI which has been developed by the government of Iraq with support of the United Nations and the World Bank, under the prevailing difficulties,” UNAMI statement said.
The ICI is an initiative of the Government of Iraq for a new partnership with the International Community, it added.
“The Compact, jointly co-chaired by the Government of Iraq and the United Nations, with the support of the World Bank, will over the next five years, bring together the International Community and Multilateral Organizations to support Iraq in achieving its National Vision.
“This Vision seeks to build a secure, unified, federal and democratic nation, founded on the principles of freedom and equality, and providing peace and prosperity for all its people, and fully integrated within its region and the international community,” the statement said.
The UNAMI said that domestically the Compact aim was to complement a National Compact around the government’s political programs and restore the Iraqi people’s trust in the state and its ability to protect them and meet their basic needs.
“Internationally, the Compact establishes a framework of mutual commitments that will support Iraq and strengthen its resolve to address critical reforms and policies,” it said.
“Iraq’s international partners have pledged to provide financial, technical and political support to help meet these challenges on the basis of mutual commitments to the necessary steps required to realize their shared vision for the normalization of Iraq,” the statement said.
The UNAMI said the formal adoption of ICI is scheduled for a high-level meeting during the next six weeks.
It was not clear where the meeting will take place.

UNAMI-Compact :: Aswat al Iraq :: Aswat al Iraq

The UNAMI said the formal adoption of ICI is scheduled for a high-level meeting during the next six weeks.
It was not clear where the meeting will take place.That must mean that "informally" it has been passed, right?

Baghdad, 01 November 2006 (BBC Monitoring)

Iraqi parliamentary sources disclosed today the intention of the Iraqi prime minister to carry out a major cabinet reshuffle that will include key ministries.

In exclusive statements to Quds Press news agency on the sidelines of the session held today by the Iraqi Council of Representatives, the sources said that there is an agreement between Nuri al-Maliki and leaders of the main blocs at the Council of Representatives to carry out a major cabinet reshuffle. The reshuffle will probably include the Interior Ministry, headed by Jawad al-Bulani; the Defence Ministry, headed by Abd-al-Qadir Muhammad Jasim; and the Education Ministry, headed by Khudayr al-Khuza'i. The reshuffle might include the Oil Ministry headed by Husayn al-Shahristani as well.

The sources pointed that the new reshuffle will be implemented with the agreement of Iraqi Prime Minister Nuri al-Maliki and the leaders of the parliamentary blocs. The sources indicated that there is great weakness in the performance of some of the ministries and that the Prime Ministry and blocs' leaders want to show firmness in dealing with the incompetent ministers.

Al-Maliki's government, which was formed approximately six months ago, was strongly criticized by the Iraqi mass media and some parliamentarians because it appointed weak figures who have been incapable of shouldering their responsibilities in these circumstances.

Source: Quds Press news agency, London

Iraqi "sources" says major cabinet reshuffle planned | Iraq Updates

Announced the postponement of the political forces

(Voice of Iraq) - 01-11-2006
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The supreme body of national reconciliation announced the postponement of the political forces
A source at the Supreme LUSH of national reconciliation for the postponement of the political forces, which was scheduled to be held on the 4th of this month until further notice.
The source added that this resolution was discussed and approved by Prime Minister Nuri, He pointed out that he came to give political forces more time to hold consultations among themselves as well as the entry of new political forces expressed a desire to enter into the political process.
Radio Tigris

Add a preliminary meeting in Cairo to prepare for the census in

(Voice of Iraq) - 01-11-2006
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Add a preliminary meeting in Cairo to prepare for the census in Iraq

Agencies :
The preliminary meeting in Cairo on Monday to prepare for the census in Iraq, which will be next year.
The meeting will be held under the auspices of the Ministry of Planning and Development Cooperation of Iraq in collaboration with the United Nations and the Arab Republic of Egypt for over three days.
The participation of regional and international experts and specialists from all Iraqi ministries and universities.
He said Dr. Mahdi Ilaq head of the Central Agency for Statistics Iraqi Ministry of Planning participating in the meeting said that the objective of this meeting is to prepare the ground and the size of the technical preparation for the census to be done in the October 17 October next year.
Ilaq added in a statement to the News Agency (Voices of Iraq) Independent that the delegation participating in the meeting included 30 experts with the terms of reference of universities and the Iraqi ministries.
On the reason for holding the meeting in Egypt, he said, "For Egypt's experience in this regard, The use of modern methodologies followed them.
He pointed out that the meeting will include lectures by experts, as well as the present division into several groups for the purpose of providing full study at the end of the meeting on the census.
He pointed out that the population of Iraq is now, according to the Ministry of Planning (29) million.

01 November 2006 (AP Worldstream)

Defense Secretary Donald H. Rumsfeld has endorsed a proposal to spend at least $1 billion (A790 million) to expand the size and accelerate the training and equipping of Iraqi security forces.

While the plan still must get White House approval, and the money would have to be approved by Congress, Rumsfeld's support underscores the Bush administration's effort to shift more of the burden of Iraq's security to that country's forces.

"I'm very comfortable with the increases they've proposed and the accelerations in achievement of some of their targets," Rumsfeld told reporters at the Pentagon. He noted recommendations for expanding Iraqi forces came from both the Iraqi government and Gen. George Casey, the top U.S. commander in Iraq.

"Now it's simply a matter of our pressing forward and getting our portion of the funding from the Congress and working to see that it's executed," Rumsfeld said. He did not say how much extra U.S. money would be required.

So far, the United States has spent roughly $10 billion (A7.9 billion) on developing the Iraqi security forces, according to the latest report released by the Pentagon's special inspector general who audits U.S. work in Iraq. One official, speaking on condition of anonymity, described the proposed extra money as more than $1 billion (A790 million), but would not offer specifics.

Rumsfeld "approved going forward" with the proposal, which is intended to be part of an add-on to the Pentagon's 2007 budget, according to Pentagon press secretary Eric Ruff. That is the current budget year, which ends next Sept. 30. It will be submitted to the White House and other government agencies for their review, Ruff said.

The defense secretary's move comes as the Bush administration has been pressing Iraqi officials to agree to benchmarks with which progress in the devastated country can be measured. The effort has produced strains with Iraqi Prime Minister Nouri al-Maliki, who has resisted being portrayed as beholden to Washington.

Besides failing to cite a dollar figure, Rumsfeld did not reveal how many extra Iraqi forces would be developed beyond the 325,000 target that U.S. officials say they expect to reach before year's end.

Two defense officials said Tuesday the expected increase was far fewer than 100,000, and one official suggested it might be about 30,000. Those officials spoke on condition of anonymity because they were not authorized to discuss the matter publicly.

CBS News reported on Monday that Casey had recommended expanding the Iraqi security forces by as much as 100,000.

Rumsfeld said the final decision on expansion of the Iraqi forces would be announced in Baghdad.

Asked whether such an increase would mean that U.S. troops would have to stay in Iraq longer to train the extra forces, Rumsfeld said he doubted it. Nor would it necessarily require a higher number of U.S. trainers, he said.

U.S. government approval is required for any plan to expand the size of the Iraqi forces because expansion could not be accomplished without additional U.S. money and the provision of U.S. trainers and U.S.-acquired equipment.

Rep. Ike Skelton of Missouri, the top Democrat on the House Armed Services Committee, said expanding the Iraqi security forces probably means it will take more than the 12 to 18 months Casey has estimated it would take to get the Iraqis fully in control of their own security.

"Congress must have a clear explanation of why these additional forces are needed, what additional American training resources will be put in place, and how this new training plan will allow for a decreased commitment from American forces," Skelton said.

The current plan is to develop 325,000 Iraqi security forces, including the army, police and border control forces. The number trained and equipped thus far is about 310,000, and the final target is expected to be reached by year's end.

In actuality fewer than 310,000 Iraqi security forces are available for duty, since about one-quarter of them are on leave or otherwise not available at any given time, U.S. officials say. Also, their effectiveness has been limited by a lack of heavy weapons and armor, by a high rate of absenteeism, and by an unwillingness of some locally recruited units to fight outside their home areas.

The Pentagon said Tuesday that 150,000 U.S. troops are now in Iraq, up from 147,000 last week.

Rumsfeld endorses plan to increase the size of Iraqi security forces | Iraq Updates