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

Originally Posted by shotgunsusie

one year ago the article came out about the fact that they did indeed print 14 denominations of dinar. if you can only count 9 that we are aware of that leaves 5 that we ARE NOT AWARE OF. that in and of itself is confirmation about the smaller denoms because you can bet your patooty those arent bigger denoms, lol.

LOL, How many times have you had to explained this over the years Susie?

Voices of Iraq: Iraq-Extension
Posted by: saleem on Wednesday, November 08, 2006 - 12:01 PM

Iraq-Extension
Parliament extends Iraq's state of emergency
By Adel Fakher
Baghdad, Nov 8, (VOI) – Iraqi parliament voted on Wednesday by majority to extend state of emergency in Iraq except for Kurdistan for 30 days as of November 1st, a parliamentarian said.
“The parliament voted by majority to extend the state of emergency in Iraq except for Kurdistan for 30 days as of November 1st,” parliamentarian Mahmud Othman, of Kurdistan Coalition, told reporters.
The parliament 49th session resumed in camera with the presence of the Iraqi Prime Minister Nouri al-Maliki along with two of his ministers.
Iraq’s defense and interior ministers were present at Wednesday’s session.
The parliament speaker Dr. Mahmud al-Mashhadani ,before ordering a session be in camera, summoned the Iraqi law makers to direct their inquiries concerning the extension of the state of emergency to the two ministers of defense and interior at the beginning of Wednesday’s session.

Iraq-Extension :: Aswat al Iraq :: Aswat al Iraq

Originally Posted by MunnyBaggs

You are, of course, entitled to believe any theory you choose. I recommend go to Google web search and type "Foreign Investment Law" into the engine. You'll get dozens of nations F.I.L. Read through several of them. A F.I.L. is basically a method of protecting a nations assets. If the Iraqi F.I.L. (which I have read) has a new currency rate involved in it it would be a first. The HCL on the other hand is being mentored by the IMF. I'm not saying 110% the HCL will lead to a higher IQD re-val. But it has that chance because it may allow Iraq's CBI to back it's currency on oils futures. We'll find out when FIL and HCL are implemented if either of them come with the extreme high re-val or not. Until then keep an open mind about the entire process.

Ya know Munny, I do keep an open mind about the process - thats why I'm here at Rolclub because we are on the cutting edge and keeping up with the latest developements. I've seen all your endless reams of old stuff on other forums with everything having to conform to your tired old models and I am not impressed. Glad to see you've come around to the point where you think that a reval might be more than .10 though. Preach away to others if you must but your not schooling me with anything that I haven't seen or heard from you already

Thanks,
Mike

Originally Posted by CharmedPiper

Do you agree that Iraq will PEG to whatever is more beneficial....EURO or USD. If that is the case history has shown that with a democratic controlled us SENATE AND HOUSE that it affects the stock market and the USD value. If I was a country I would not want to PEG my new found wealth to a currency that may be subject to some political fluctuation. On that note, I will not mention it again. Dinar to USD or Dinar to EURO....guess we will see. Sorry to have caused distention...just thinking outside the box. It's all good and we are gonna' be rich.

This is certainly possible. Many countries are toying with this idea. As you say any major fluctuation in USD rate could cinch that move. Almost no debt associated with the Euro compared to the US. As the dollar goes down countries whose currencies are pegged to it see imports costing more so why put another log on the inflation fire? I like the idea of a Euro peg. But on the other hand if the US has lots of Dinar ,they could then pay debt off and strengthen the exchange rat. I'm sure we are soon to have an answer.

I know we all want news of the dinar, but let's not forget the big picture. How much more can these people take?? How bad does it have to get, how much pressure must be put on the Iraqi government before they will do something??


Iraq’s mixed couples forced to divorce

Post-2003 Iraq sees sectarian violence that divides what were once happily untied households.


BAGHDAD - When Hiba Sami, 38, freely married her husband 18 years ago, she never thought she would one day be forced to divorce him against her own will.

“I love my husband, but my family has forced me to divorce him because we are Shi’ite and he is Sunni. My family say they [the husband’s family] are insurgents… and that living with him is an offence to God,” Sami said.

“We have four children and every day they cry because they miss their father. When they ask for an explanation, my family tells them that their father is a betrayer and should be kept away from them,” she added.

Hundreds of such mixed couples have been forced to divorce due to pressure from insurgents, militias or families who fear that they could be singled out, according to Peace for Iraqis Association (PIA), a local NGO devoted to the issue.

“Families living in happiness are now victims of sectarian violence,” said Ahmed Farid, a psychologist and spokesperson for PIA. “Children are being forced to see their parents divorced, not because of personal problems but because someone believes that mixed marriages are unacceptable in the circumstances of Iraq.”

Farid said forced divorces could cause serious psychological problems for the children involved and further brainwash them to accept sectarian violence.

“There is a case of a child who tried to kill himself because his parents divorced. He tried to stop them from separating,” Farid told IRIN.

Farid said the association had received many threats from insurgents and militias for trying to prevent divorces between mixed couples by trying to persuade relatives against the idea.

Prior to 2003, doctrinal differences were never a problem in Iraq. Mixed marriages between Sunnis and Shi’ites and between Sunni Kurds and Arabs of both sects were common in the days of former president Saddam Hussein.

Following the US-led invasion of Iraq in 2003, sectarian divides began to emerge as the majority Shi’ite population, which had been heavily discriminated against under Hussein’s government, began to re-assert itself as the dominant political power.

Sectarian violence escalated considerably after Sunnis bombed a revered Shi’ite shrine in the northern city of Samarra in February this year.

The Iraqi court responsible for carrying out divorces said that over the past four months there had been a significant increase in the number of divorces occurring. Most of them were between mixed couples but the court could not confirm whether they were forced or not.

Religious leaders are divided on this issue. Some are calling on mixed couples to divorce for their own safety. “[Shi’ite] women are in danger [if] they live with Sunni males who could be involved in insurgent activities. For their protection, divorce is best,” Sheikh Ali Mubarak, a religious leader from Sadr City district, said.

Sheikh Muhammad Rabia’a, a religious leader from Adhamiyah district, says mixed couples should not divorce if they are living in harmony.

The government estimates that two million of Iraq’s 6.5 million marriages are unions between Arab Sunnis and Arab Shi’ites.

In April 2006, IRIN reported on mixed couples forming an association called Union for Peace in Iraq (UPI) that aimed to protect such marriages from sectarian violence. Members were forced to dissolve the association after three mixed couples, including founding members of UPI, were killed.

“We were the only association in Iraq dealing with this. [Now] there are two choices left, stay in Iraq and divorce your partner or flee to a neighbouring country,” Abu Salah, a former member of the association, said.


[This article does not necessarily reflect the views of the United Nations or its agencies.]

Middle East Online

'Failed' American envoy to leave Iraq
By Patrick Cockburn in Arbil, northern Iraq
Published: 07 November 2006
Zalmay Khalilzad, the US envoy in Baghdad who tried to conciliate the Sunni people, is to leave his post in the next few months said a senior member of the US administration.

"Khalilzad really failed because greater Sunni political participation has not reduced the violence and has at the same time angered the Shia," said a senior Kurdish political figure.

Appointed ambassador to Iraq in April 2005 Mr Khalilzad played a highly active role in Iraqi politics but the crisis has worsened dramatically during his tenure.

The Afghan-born Mr Khalilzad was more effective than his predecessors in cultivating Iraqi political leaders. He sought to amend the Iraqi constitution before it was approved in a referendum in October so it would be more acceptable to the Sunni community that largely supports armed resistance to the US occupation. Mr Khalilzad also played a central role in getting rid of the prime minister Ibrahim al-Jaafari only to find that his successor Nouri al-Maliki was more resistant to US demands.

Mr Khalilzad was skilful in cultivating good personal relations with Iraqi politicians but often found they did not have the power to deliver what he wanted.

His critics say he did not appreciate that Iraq is very different from Afghanistan where he was US envoy.

While willing to open talks with some Sunni insurgent groups Mr Khalilzad found the most powerful ones wanted to expel the US, not negotiate.

Mr Khalilzad is likely to stay into the spring the US official said. His likely successor will be Ryan Crocker, a senior career diplomat who is currently US ambassador to Pakistan.

In Baghdad, the chief prosecutor said the Iraqi appeals court is expected to rule on the guilty verdict on Saddam Hussein by mid-January. If affirmed he could be hanged within 30 days.

Zalmay Khalilzad, the US envoy in Baghdad who tried to conciliate the Sunni people, is to leave his post in the next few months said a senior member of the US administration.

"Khalilzad really failed because greater Sunni political participation has not reduced the violence and has at the same time angered the Shia," said a senior Kurdish political figure.

Appointed ambassador to Iraq in April 2005 Mr Khalilzad played a highly active role in Iraqi politics but the crisis has worsened dramatically during his tenure.

The Afghan-born Mr Khalilzad was more effective than his predecessors in cultivating Iraqi political leaders. He sought to amend the Iraqi constitution before it was approved in a referendum in October so it would be more acceptable to the Sunni community that largely supports armed resistance to the US occupation. Mr Khalilzad also played a central role in getting rid of the prime minister Ibrahim al-Jaafari only to find that his successor Nouri al-Maliki was more resistant to US demands.
Mr Khalilzad was skilful in cultivating good personal relations with Iraqi politicians but often found they did not have the power to deliver what he wanted.

His critics say he did not appreciate that Iraq is very different from Afghanistan where he was US envoy.

While willing to open talks with some Sunni insurgent groups Mr Khalilzad found the most powerful ones wanted to expel the US, not negotiate.

Mr Khalilzad is likely to stay into the spring the US official said. His likely successor will be Ryan Crocker, a senior career diplomat who is currently US ambassador to Pakistan.

In Baghdad, the chief prosecutor said the Iraqi appeals court is expected to rule on the guilty verdict on Saddam Hussein by mid-January. If affirmed he could be hanged within 30 days.

Originally Posted by jedi17

I think they may PEG it closer to one of the surrounding Countries/ or one of the GCC countries as there will be a monetary Union in 2010

That is a down the road possibility. I read recently that the GCC country officials considered this a more morally acceptable approach. I had to laugh about the morally acceptable part. It sounds as if they want to distinguish themselves from the USD. Down the road I believe they will.

Iraqi PM hints at early Saddam execution


Saddam’s trial resumes as Maliki says execution of ousted Iraqi leader could come before year end.


By Jay Deshmukh – BAGHDAD

The genocide trial of Saddam Hussein resumed Wednesday as Prime Minister Nuri al-Maliki said the execution of the deposed leader could happen before end of this year.


On Sunday, Saddam was sentenced to hang for ordering the execution of 148 Shiites from the village of Dujail in the 1980s.


On Tuesday, Maliki told BBC television that the former president's execution could come before the end of the year.


"We are waiting for the decision of the appeals court, and if it confirms the sentence, it will be the government's responsibility to carry it out.


"We would like the whole world to respect Iraq's judicial will," he said in the BBC interview. "I expect the execution to happen before the end of this year."


Meanwhile, Saddam and the other six defendants were in court Wednesday for the genocide trial along with defence attorney Badie Arief, who charged that defence documents related to the trial had been stolen from his office in the heavily fortified Green Zone.


"I demand the opening of an investigation with the American side because the area is guarded by the Americans who would shoot anybody who comes near," he said.


Aref was the only defence attorney present in court, with the rest of the defence team boycotting the proceedings. The defendants' interests are now being overseen by court-appointed attorneys.


On Wednesday the first witness, Ayub Abdellah Mohammed, a former Kurdish peshmerga fighter from the northern Iraqi village of Bergie, testified how eight warplanes bombed his village on August 24, 1988.


"After this we had difficulty in breathing," he said adding that the "village was hit by chemical weapons."


Sabir al-Duri, one of the accused and former director of intelligence, cross examined the witness and accused the peshmergas of working for the Iranians.


Citing a document obtained from the Anfal papers, Duri said the Iranians had presence in the area where the witness used to operate with his unit in the northern Dohuk region.


Duri said the document belonged to the then Iraqi army and contained details of messages between the peshmergas and the Iranians asking the Kurdish fighters to gather information on the Iraqi army.


Tawfiq Abdelaziz Mustafa, another peshmerga, was the second witness to testify. He said his village along the Turkish border was bombed with chemical weapons and that he and many villagers escaped to Turkey and stayed there as refugees until 1991.


During the attack, he said he found three "burnt bodies of a man, his wife and their child," while his uncle died in Turkey as a result of the chemical weapons attack.


On Tuesday, a calm and composed Saddam had urged the Iraqis to unite.


"I call on all Iraqis, Arabs and Kurds, to forgive, reconcile and shake hands," Saddam said from the dock in the genocide trial, the first time after being sentenced to death in the Dujail trial on Sunday.


Prosecutors say the Anfal campaign was a genocidal massacre of 182,000 Kurdish civilians. Saddam and his alleged henchmen insist it was a legitimate counter-insurgency operation against separatists at a time of war with Iran.


Saddam and the six others including his cousin, Ali Hassan al-Majid, known as "Chemical Ali", face the death penalty if convicted in the Anfal trial.


He and Majid are the only ones facing charges of genocide.


Middle East Online

[QUOTE=CharmedPiper;132221]If the fil is enacted and there is no reval (of course I don't believe that) but I am with SGS....I will be on the first flight over there with my dinar and buy up everything I can with my dinar....that is a sweet deal....I can own a chunk of country for a couple million....you can bet your dinar if that were to happen I wouldn't be the only one booking a flight...


OK, please explain to me how you would be able to do this!

The prices are the same except in dinars. Removed -neno. we have kids reading here.

Example if a house or a factory in Iraq is worth 1 million USD. Then the property is priced at about 680,000,000 dinars. At this current rate and time.

If there is another way please explain!

The Central Bank witnesses the highest circulation and exchange rate of the dollar in 2006
The Central Bank witnesses the highest circulation and exchange rate of the dollar in 2006
08/11/2006
Source: Prepared by IRAQdirectory.com


The auction of the Iraqi Central Bank witnessed yesterday, Tuesday, the highest demand on purchasing the dollar during the current year as well as the higher exchange rate for the dollar for over a year. Also, several banks sold dollars to the Bank where the demand for purchase registered $109 million and 150 thousand, compared with 70 million during the previous session

http://www.iraqdirectory.com/DisplayNews.aspx?id=2519

So yes, they are buying dollars with dinars. I believe the circulation the headline mentions is dinar, the highest amount of dinar in circulation. I would like to see the reverse right before an rv...reduce the number of dinar in circulation...at this point, I'm just watching and waiting....by the way, what's up with the stipends? someone said moday the 7th, and now it's pushed back to sunday the 12th? no surprise--just wondering what's the latest word.

Thanks, OSWoman