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

Originally Posted by DayDream

Trust me....the word Yazzman that was used by the CBI means the "Black Market" rate. I stand firm after many many hours of researching it.

Cheers!
DayDream

Great find...Thanks for all your research!!!!

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Yasin al-Rubai , IWPR, 13 November 2006

BAGHDAD - Karim Sa'id and his family looked sad as they said goodbye to their relatives.

Sa'id, 54, who has a leather-goods shop in Baghdad, has decided to take his wife and three kids to Syria, after being threatened by blackmailers.

They had shown up at this store and demanded that he pay protection money. If he refused, they said they would set fire to the premises or kidnap him or one of his children.

Rather than pay, he made plans to leave the country, sold his car, borrowed money from his brother and asked him to sell the family's belongings. With the money, he intends to set up a new business in Syria.

"I never thought about leaving my homeland before," said Sa'id. "I worked hard to make a life here, but these brutal times force you to go."

Every day, Iraqi families are packing their bags and emigrating to escape the violence tearing their county apart. The UN refugee agency, UNHCR, estimates that 1.8 million people have fled to neighbouring countries and 1.6 million have been internally displaced since the fall of Saddam. In 2006 alone, 425,000 Iraqis sought refuge abroad.

Brigadier General Sabah Mahdi, head of passport services in the capital, said demand for travel documents has never been higher. "At our six offices in Baghdad, we've noticed the number has been increasing remarkably."

Most go to Syria, Jordan and Egypt. Syria is popular because habits and traditions are similar to those in Iraq and living costs are relatively low. Sa'id hopes to rent a flat for 200 US dollars a month, a third less than a comparable apartment in Iraqi Kurdistan, where growing numbers of Iraqis are flocking.

Few of the emigrants can afford airfares, so they risk traveling overland by buses and taxis, passing through lawless areas where insurgents and criminals operate freely.

A travel agent who did not want to give his name said those who ferry Iraqis abroad keep in close contact to warn each other of danger spots. He estimated that currently between 3-4,000 people were leaving the country each day.

Many families hope to return as soon as the situation improves and security has been restored. Majid Hamid, 50, who has a print shop, said he asked a relative to live in his house until he comes back.

"I will wait patiently until things become more stable," he said. " The important thing is to be far from car bombs, explosions and daily assassinations."

Among those leaving the country are some of its most able people, such as lawyers, doctors and scientists and academics. Last year, the government sought to stem the brain drain by offering to double the salaries of skilled emigrants.

The flight of the country's best minds exacerbates a skills-shortage problem that emerged in Saddam's time when hundreds of thousands of able people left the country.

Husam Jamal, a law college professor, is preparing to leave Iraq for Syria. He fears that the exodus of professionals will deal a real blow to all sectors, especially education.

Education appears to have been singled out by the insurgents, with 89 university professors killed since the overthrow of Saddam, according to the higher education ministry. Some have suggested that the militants' intimidation of teachers, doctor and other professionals is intended to paralyse basic services.

Many Iraqis believe neighbouring countries sponsor the extremists in order to keep Iraq unstable. "There are hidden hands behind the exodus," said Jamal.

Meanwhile, people wait in long queues outside the passport offices. It takes up to twenty days to get new papers, which is why many resort to the black market - although they have to pay 15 times more than the official 40 US dollar charge.

Mohammed Abdul-Qadir, 45, is queuing for a new passport. He says he doesn't feel safe in his neighbourhood anymore. "It's deserted. Everyone has left for a safe haven," he said.

PLEASE REVAL BEFORE EVERYONE LEAVES!!!

Originally Posted by kevinsw

Perhaps this video might bring into perspective some of the things going on in Iraq. Cosidering the size of Iraq (bigger than Afganistan) and the time factor (we started first in Afganistan) and the fact that Afganistan was not totally left to detioriate like Iraq was under Sadam, might be one reason why they are ahead of Iraq in currency value? Did they have to totally change their currence like Iraq did?

Well anyways I hope this video might help incourage? The Real Story

This Person "Glen Beck" also has a not so nice story airing on CNN "Headline News" tonight at 7 and 9pm cst (USA) that will bring into perspective what is going on in Iran. We need to remember that their is much much more at stake in Iraq. They have one chance to show their surrounding countries what freedome is like in hopes of avoiding a worst case senerio.

Ok go ahead and pound me now. But please know that as much as I want this reval, I want them to do this right more.

Thanks Kevin

You all want to be sure and watch this, it really is good!

Originally Posted by AlwaysDreaming

I did a translation on google and they look very diffrent

ياسمان --- Yassman

صرف --- Exchange

Comes up as Jasman in google

ياسمان ‏معدل

Originally Posted by DinarDarling

This forum went buck wild on Monday on where/who B of A branches were selling Dinar.
We nailed it down to a couple in NY (city and state) and haven't heard much since. The thought was that it would take a couple of days for the info to get through their vast system.

Well, has anybody checked recently?

Or, is this just a dead issue now?

Wondering . . .

Hey DD!!

I had a friend stop by the BoA in Parker AZ yesterday and they told him that they were not yet trading in the Dinar. But that they were aware of it.

I know we get this posted several times a day, but the wording I believe is a little different than what we've seen in the other reports.

Once again, if this is a duplicate, ignore it.


Highest dinar rate to dollar in 2006-Central Bank
Baghdad, Nov 15, (VOI) – The Iraqi dinar scored on Wednesday its highest exchange rate through year 2006 at the Iraqi Central Bank daily auction , fetching 1,455 dinars compared to 1,460 dinars in the previous session.
Demand was up to $64.960 million from $62.540 million on Tuesday, the bank said in its daily statement.
The bank covered bids which were $27.350 million in cash and $37.610 million in foreign transfers.
None of the 19 banks participating at Wednesday’s session offered to sell dollars.
On Tuesday, Mr. Ali al-Yasseri, exchange company owner, told the independent news agency Voices of Iraq (VOI) the Iraqi central bank adopted “ a series of tough measures to bring down inflation.”
The measures included, among others, offering selling dollars with higher dianr exchange rate against dollar, he added.

Good night all. The auction in the am will be very interesting for us all. Thank all of you for your kind comments and PMs. Enjoy the evening.

437 million for transport sector



Azzaman, November 15, 2006



The government has earmarked $437 million for the construction of new roads and bridges and the rehabilitation of the existing transport systems, a senior transport official said.



Shirin Barwari, head of contracts at the Transport Communication Ministry, said a large portion of the money is part of the U.S. grant to reconstruct the country.



U.S. Agency for International Development is involved in scores of projects in Iraq and is perhaps the only foreign agency actively participating in the Iraqi reconstruction.



Shirin said the agency would directly finance many of the projects which include airports, railways, roads and bridges.



Part of the money, she said, will be spent on improving conditions on Iraqi highways and airports.



The airports in Baghdad, Basra and Mosul will get priority, she said.



Some 110 land projects for which $155 have been allocated will be implemented, she said.



In the railway sector there will 99 projects at a cost of $41 million, she added.



The rest of the money will be spent on ports at the head of the Gulf to handle a surge in foreign shipments. The port in Basra will be expanded with the addition of new platforms, Shirin said.

Originally Posted by Wm.Knowles

Good night all. The auction in the am will be very interesting for us all. Thank all of you for your kind comments and PMs. Enjoy the evening.

Did you get your guess in for rate and amount. I'd like to see how closely you predict. Good night.

Is Baker succeeded in saving Iraq?

(Voice of Iraq) - 11 - 16-2006
This issue was sent to a friend

Solution downward from the sky
Is Baker succeeded in saving Iraq?
Written by : David Ignatius
When they held the play reaches its peak in ancient Roman drama, No representatives who are human beings resolved, it is necessary then to host one of the gods »« to fall from the sky and spread wisdom and prevent the tragedy in the end.
This practice was known as solution »« coming from the sky, But in our time is not only to the Baker »« Hamilton.
I, too, welcome all such practices even came from Mars if that would help the United States regain some of the strategic initiative in the Middle East.
It seems that this is what started to do a study on Iraq. Even before telling any word born general sense the possibility of a solution.
Therefore, The first thing President Bush needs to be done now is to take advantage of the momentum created by that process, and employed by naming a special envoy James Baker to the Middle East. It is the only American diplomat, I think, which might be able to pay Iranian President Mahmoud Ahmadinejad of its audits.
If, will Baker and the other gods »« disembark from Aliahm in the next few weeks to meet the players on the scene preserved. If it is found that the confidential information correctly, Baker will recommend to the Commission launching a regional dialogue in which Iraq's neighbors Syria and Iran and a new effort to resolve the Israeli-Palestinian conflict. But let us focus on Iran now.
Last September Baker met with the Ambassador of Iran to the United Nations Javad Zarif, and heard a detailed explanation from him about why they grimly take the measure of Iran held talks with the American side. It is said that the Iranian envoy confirmed to Baker that Tehran and Washington participate in the restoration of calm in the interest of Iraq, and it does not seek to Shiite victory in the civil war there.
But the Iranians also say they do not want to divide Iraq and fragment them, but keep it united and democratic allies, provided that the Shiites which are under the leadership of the approval of the Sunni enough to stop the fighting.
But Iran remains uncertain in the American policy, which seeks to get the assistance of Iran, and at the same time encourages the regime change in Tehran.
The Iranian official told me wondering : How you negotiate with someone who wants to overthrow you? It is said that the theocratic rulers in Iran feel deeply concerned that the Islamic Republic of losing its legitimacy if it proceeded to address America. There is also complained of not lead such a dialogue, but to humiliate Iran and intimidation.
How, then, can overcome this impasse?
There is a strict formula was Iranian diplomats had reposed in early 2003 during an talks from behind the scenes with the United States on Afghanistan and Iraq.
The talks, carried out through the Swiss Ambassador in Tehran. have led to an Iranian define the way for broader dialogue later.
That document, , which was delivered to the United States. Iranian following objectives : stop the American hostile attitude towards Iran. the cancellation of all sanctions and join efforts to establish democracy in Iraq.
Before the Iranians goals American confirmation that Iran will not develop nuclear weapons, and recognize Israel in light of the solution, which is based on the existence of a Palestinian state alongside Israel.
However, the dialogue in 2003 collapsed after Iran's claim because of the American side to the prosecution of militia against Tehran is the MKO in Iraq.
Now, perhaps the Iranians say that dialogue remains on the table and present its terms by the parties, Baker and the only head of Tehran.
But it is clear that Iran will not help America in Iraq without a price. This also applies to Syria, which paid its supporters to restore the Syrian influence in Lebanon. It seems that the price of assistance would be high. Therefore, if the negotiations want a truly successful then they must not exaggerate in their demands, so that it can be achieved, Hence save Iraq.

¼ Arabization : Nabil Zelf
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