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

Originally Posted by Wm.Knowles

This is a very good point. I think if we had an individual who was about to attend graduate school and needs a ******* thesis or doctoral dissertation in economics, banking, finance MBA etc. they could chart the history of the CBI activities. Their topic might be,

"The establishment of Central Bank operations and its eventual effects on inflation, monetary controls and the eventual reevaluation of the Iraqi currency".

I think once they charted the auction results, they would find that over the history, the CBI was placed far more currency into circulation than they have removed. What we are seeing recently is a dramatic effort to remove currency from circulation in a very short period of time. Something is propelling this recent effort and at this time we can only guess. But what we are viewing is a very healthy effort to remove currency to reduce inflation, place USDs into the local banks in anticipation of an increased demand for USDs (as you might anticipate in case of a RV). And maybe, to begin the process of removing the large denominations from circulation (an opinion).
So lets continue with an anticipation the the CBI auction results in the am will continue to reinforce this position.

No argument are disagreement. Just facts.

Political first : government extinguished the fire mortars and citizens insist togetherness and love

People hung, and the al-Sadr refused to sedition Baghdad-Sabah correspondents He citizens in the areas of Al-Sadr and hung, and the people expressed their satisfaction after the great success of the government in quelling the mortars that were fired at first and towns throwing Iraqi security forces arrested a number of those involved. The Interior Ministry had announced the arrest of a group of three men fired mortars on areas in Baghdad. With a spokesman for the Commander-Qasim al-Musawi told "Sabah" has been identifying areas in which mortar rounds were fired on the cities of Karbala and hung chest and pointing out that these totals involved bombed all these areas in an attempt to trigger sectarian sedition. "Sabah" toured in a number of areas and hung Sadr and the people and talked to the citizens there. In the hung, which received a volley of missiles sedition said Haji Abdul Hameed Rahmani, the government fulfilled its promises and has been able to quench the mortars and the city is now an atmosphere of peace and security. He added Rahmani While we praise God and pray that Echave wounded in both hung Awalkazemih or Sadr City, we are happy that the grip which wanted Alsoebalaezemih are the same hands that wanted this bad Balkazemih ICE strong evidence of our unity and a significant deficit in tearing the enemies of this unity and igniting the flames of sedition and continued Rahmani, this crime revealed that people who want evil to us are the enemies of Iraq, they are not religion, to Asie range that they are not only criminals had become addicted to killing. In the area of people that the story of these two people Almejmohelmejrmh fired missiles towards the towns of al-Sadr hung, before being driven away when faced by the citizens of the city, with great courage. Karim says Muslim taxi driver was in the house when she heard from neighbors about the presence of an armed group Mkhovtin you are riding in two cars and the firing of mortars. The major shock when we saw that this one Almejmohttalq mortars at times to the area hung Ouattara to Sadr City and continued Just minutes even met people live and fought to this group, since rectified Neranna strongly towards them and the truth when they felt heavy Neranna and our resolve to address them did not find them of the need o Wei escape. He said that people were not content with this, but they informed the police about this group, and we have heard already that the information we gave to police their already led to the arrest of elements. In Sadr City, which has become a target for terrorist attacks, the people in a number of large Ahiwae'ha told "Sabah" that the Iraqis will not drift, and God wants for the war Altkverion terrorists and said : We will not allow the city to be a shelter or to strike any other region. He said Hassan Jassim Zeidi : Praise be to God, who revealed the evil intentions and shamed, and added that the government's success in the detection of the criminals who fired mortars on areas of al-Sadr hung and enhances public confidence and success. In the Kadhimiya holy which gained its share of missiles sedition and aggression : Nasser said the citizen improving teacher-it is not the first attempt of terrorism to trigger sedition, but the attempt dirty and dangerous, and the government's efforts and cooperation of the citizens of this sedition another trend, But thank God, we indeed appreciate the efforts of our security forces and their ability to Astmkan and determine who fired mortars. He added, we must register our admiration Higher Iraqi people who demonstrated all of the events is impossible to drag him into a sectarian conflict because of Kazimiyah and hung a date for hundreds of years and could not ignorant, hateful divide us after we collected God on this good earth. In the meantime appealed Kaemmegam hung Hadi al Iraqi government b rapid intervention to restore the students to their seats after school dropouts because of the security situation and said : hung is that the security situation, and very agitated, which had stopped the permanence of students and staff. He added that the government did not step in to restore normalcy to the area hung would aggravate the lawlessness of the worst to worse. He called Al-Jabouri government to intervene to restore normalcy to the region. Al statements came at a time in which the ministry spokesman Brigadier Abdul Karim Khalaf told "Sabah said that" the efforts of all the armed forces tend to locate launching mortars based on the directives issued by the Prime Minister in this regard, pointing out that the ministry will soon be a number of those who were arrested implicated by the Settlements acts to the media. He added that Brigadier behind Alozerjawad who is a high reward decided to give each detachment or associate lead to these places, and the arrest of the process involved, With accused the General Command of the Armed Forces of the San alleging Sadamiin and Altkverein standing behind these acts. A spokesman for the Commander, Brigadier General Qasim al-Musawi told "morning" that a number of areas where all been identified and access had been arrested on a set of these operations involved in the Taji area were firing missiles at the towns of Karbala and hung. He attributed Brigadier Musawi causes widespread launching mortars at sentencing against Saddam and his aides on the 5th of this month.

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Originally Posted by shotgunsusie

OMG the rollercoaster took a jolt somewhere here, were on page 6 now!!

Now Page 7 very quick. Please keep climbing. "The Wootster".

Dollar continues to fall against the dinar for the second day in a row
Baghdad - (Voices of Iraq)

The exchange rate of the American dollar in an auction today, Wednesday, the Central Bank of Iraq for the second day in a row and has five dinars worth recording from 1455 dinars from 1460 dinars yesterday.

The American currency had lost five dinars during the meeting yesterday.
The Central said in a statement that demand for the dollar recorded a slight rise, recording 64 million and 960 dollars, compared with 62 million and 540 thousand yesterday.

Such procurement requests made by the 19 participating banks ERA today by 27 million and 350 thousand dollars in cash and 37 million and 610 thousand dollars in the form of remittances bank has full coverage.
Banks did not make offers to participate in the auction to sell the dollar.

ÏæáÇÑ-(ÇÞÊÕÇÏ) :: Aswat al Iraq :: Aswat al Iraq

Iraq : the re-opening of all roads in Ramadi

After cleaning the city as a hotbed of terrorism Gray-Mustafa Al-Dulaimi Begin the Iraqi Security Forces and multinational forces today to open all roads and streets leading to and from the center of the city of Ramadi. The forces involved in the publication and distributed to the city's residents has been set today, Wednesday, the date for the re-opening of all roads that were closed a year ago. The statement added that he would be raising the barriers Ramadi General Street, which links the west of the city Bcherquha oils from the intersection leading to the eastern entrance of the Ring in addition to the lifting of barriers and Alsitarat which placed at the western entrance and the east entrance. The forces fired on the joint today, Wednesday, the name (on breakthrough) for the anguish this day of the proofs for the gray Makant prior to the closure. This has started the difference municipality under the direct supervision of the American forces before the afternoon last Monday of lifting barriers and cleaning of roads such as the opening of the citizens. This process of conquest and Ramadi may be returned to Maknt before the terrorists to control aspects, which led to the closure of all roads surrounding and pedestrians near the building of the Court of the province. It is noteworthy that the American forces had closed the road almost a year ago to curb attacks by terrorists on the building in order to maintain control and to most government departments surrounding

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Local Sports : a meeting of the Iraqi Olympic with the International Olympic
Baghdad-Sabah The International Olympic Committee last week the Iraqi National Olympic Committee to hold a meeting with the latter at the headquarters of the International Olympic Committee in Lausanne to discuss ways and means to promote and support the sport Iraq in these difficult circumstances targeting athletes and leaders alike. He appealed to the delegation of the Olympic Committee, which is chaired by a for Mr. Bashar Mustafa head the Iraqi National Olympic Committee Agency and the International Olympic Committee rapid international intervention for the release of the abducted athletes and Chairman of the Committee and members of the executive committee considering sport Messenger of peace and love and targeting dangerous precedent cast a shadow on the general negative sport in the world. The Iraqi National Olympic Committee presented Mvsa not for the work of the Iraqi Olympic Committee since its establishment in Dukan in the January 29, 2004, achievements and events undergone by giving a clear perception among officials of the magnitude of the challenges facing the Iraqi sport. The transfer of Mr. Bashar Mustafa Chairman of the Iraqi National Olympic / agency desire and the decision of the Assembly of the Iraqi National Olympic Committee, the need for early elections and decided to bring the proposal to the Executive Office of the International Olympic Committee. This is the price of Mr. Mustafa support the International Olympic Committee for Sport and securing Iraqi training camps for the Teams hoped that this support would continue for the purpose of creating Mentkhbatna for Beijing Olympics 2008. It should be noted, the parties agreed to hold another meeting to consider the issues that have been raised and take appropriate decisions in order to ensure hard work for the Iraqna sport distinct and beloved. On the other hand, held yesterday to the problem of electoral rolls before the Iraqi National Olympic Committee, consisting of Dr. Thierse Audisho (Chairman), Dr. Raad Jaber (scheduled), Mr. Munther the preacher (member), Mr. Jamil Abdullah Sultan (members) and Dr. bright Ismail (member), Dr. Abdul Karim frank (member ), Mr. Heydar required (members) an important meeting attended by Mr. Hussein Amide Secretary General of the Iraqi National Olympic / agency aspect of it ... Where the Commission decided to recommend to the Executive Office of the Iraqi National Olympic Committee, the lifting of all sanctions imposed on the athletes, except for sentences of the background (amphetamine or financial matters) in line with the intention of the Olympic Committee to open the door wide to participate and contribute to secure the largest number of the athletes in the elections. It was also decided that a meeting of the week for the purpose of preparation of the regulations for the elections and sub-federations, central optimum manner. This, the Commission requested the central federations, regulations and laws providing international federations for the purpose of consideration by the Commission and the development of new regulations conform with the laws of the various international federations

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Iraq : Integrity Commission in the Chamber of Deputies directed a barrage of charges of Radi Radi

Baghdad morning In the morning Alsaidi Chairman of the Integrity Commission in the Chamber of Deputies agent of the charges to the Office of the President Radi Radi public integrity. He said in a press conference held yesterday, Tuesday, : "The Nadi abusing power and violating the law and wasting state funds have been transferred to file charges Chairman of the Supreme Judicial Council and head of the prosecution." He added : "The Office of integrity, which must be severe capital spoilers have not achieved a remarkable achievement convince the citizens that there is fighting financial and administrative corruption with more than three years of its establishment." And between Alsaidi : "The Committee found that there was no clear strategy and convincing to fight corruption in Iraq, despite the clarity of corruption and clarity of nails in various institutions and government departments and evidence of this lack of clarity on the achievements of this Commission." He said : "have been a number of charges to the President of the Office of public integrity Radi Hamza Radi, and a number of his aides were sent to the full file Chairman of the Supreme Judicial Council and head of the prosecution on the 29th of last month.

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Its about the Compact US Treasury Aide: International Econ Aid Plan For Iraq Being Prepared

WASHINGTON -(Dow Jones)- A plan to boost international economic aid for Iraq is getting ready to make the rounds with potential donor countries, a senior U.S. Treasury Department official said Tuesday.

The plan, called the Iraq compact, would lay out a roadmap and cost estimate for Iraq to rebuild its economy over the next four to five years. It would require certain economic reforms from the Iraqis, while bringing economic aid in return from signatory countries to help finance Iraq's recovery.

"The Iraqi side of the compact is essentially written," said Deputy Treasury Secretary Robert Kimmitt in a meeting with reporters.

In recent meetings at the United Nations, dozens of nations and organizations have begun to discuss "what the donor strategy would be as we move to the next step in the process which would be a ministerial level meeting," in the Persian Gulf region sometime next week, Kimmitt said.

And while the finished compact will detail the medium-term financing needs for Iraq's economic development, those figures haven't been finalized, Kimmitt said.

Whatever those final needs are, Iraq will be expected to first use its own resources to finance the rebuilding effort, followed by drawing down any unused economic assistance, before looking to new international economic donations.

"In the compact there will be a number of provisions aimed at encouraging foreign investment," Kimmitt said.
Nasdaq 100 Flash Quotes&
and
Morningstar - Dow Jones & Company, Inc.: US Treasury Aide: International Econ Aid Plan For Iraq Being Prepared

I believe officials said "The Compact" will come within 6 weeks, we are about at 5 weeks now.

Iraq : Zebari will meet with the heads of diplomatic missions

To acquaint them with the development of the country Baghdad-Sabah The Minister of Foreign Affairs Hoshyar Zebari, the heads of Arab diplomatic missions and international adopted on the situation in Iraq and the circumstances in the country and requested an extension of the mandate of the multinational force for another year as discussed with the Italian ambassador in Baghdad, a draft convention of cooperation and partnership between the two countries. He met Hoshyar Zebari, the Foreign Minister, yesterday With the heads of diplomatic missions accredited Arab and foreign presence in Iraq, Kelly ministry. The Minister explained that in the light of discussions and negotiations between the political leadership and the government and parliament, the Iraqi government decided to apply to the Security Council to extend the mandate of the multinational forces operating in Iraq for another year. He added that this demand would be accompanied this time, the relationship between the government and the multinational forces and give more powers and security capabilities

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Iraq : body integrity in the Furat verify the fate of 500 million dinars

Squandered at the University of Qadisiyah Hilla - on plumber A warrant of arrest issued against a member of the Muthanna governorate Verification of the integrity in the Furat the fate of 500 million dinars believed to be lost in the case of financial corruption at the University of Qadisiya with UNHCR issued a warrant of arrest against the member of the Muthanna governorate for submission school forged document to the Office of the High Commissioner for the elections and referred a number of government officials and brought to justice Moz Where others for the purpose of the investigation in the provinces of Muthanna and Najaf. A source in the body preferred to remain anonymous told (morning) : The authority approached the Office of the Inspector General in the Ministry of Higher Education and Scientific Research to provide administrative investigation conducted by the ministry on the fate of 500 million dinars believed to be wasted on the construction of the fence outside of the campus of the University of Qadisiyah, pointing out that investigations proved that the real cost for the construction of the fence does not exceed the amount of 300 millisecond Wen dinars while the entrepreneurial transmitted to the contractor the amount of 950 million dinars. In the province of Qadisiyah source pointed out that the authority issued a warrant against one of the members of the maintenance charges sponsored school forged document to the Office of the elections to participate in the legislative elections that took place in the month of January last year. And among the member will face the forgery charge in the case was arrested and referred to the judiciary. This brought to 12 the staff of the Communications and Postal maintain for the purpose of investigation on the background of accusations with administrative and financial corruption of the source without mentioning further details. And at the same level he had been referred 28 staff of the health of Najaf to the judiciary after his putting school forged documents to the appointment. The body itself issued last month notes the arrest of two members of the Council of the governorate of Babil accused of providing false documents However, the source did not reveal the latest developments in the case.

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