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

Originally Posted by Inscrutable

Broad agreement was reached on budgetary prospects and priorities for 2006, as well as on the implementation of related measures. In addition, there was a consensus that action needed to be taken to tackle inflation, including through monetary tightening, and allowing the exchange rate to strengthen (as conditions permit).

IMF reminder.

III. POLICY DISCUSSIONS

http://www.imf.org/external/pubs/ft/...06/cr06301.pdf

Plus

shortages of goods, as well as supply disruptions generally in the non-oil economy, will continue to put upward pressure on prices. But it remains important that the CBI take decisive measures to contain it before inflationary expectations become entrenched, [B]either by an effective tightening of monetary conditions and/or by exchange rate action.[/B]

4/ The balance sheet is valued using the program exchange rate; memorandum items are valued using the end-of-period exchange rate.

Looks like something has already been decided!!!! Now, we just have to wait for somebody to let it slip...

Originally Posted by billknows

When our dinar revals at $2.27 - how do we securely transport that kind of money to a bank that can make the currency exchange?

Should we handcuff the briefcase to our wrist - then hire a limo with an armed off-duty police officer right beside us all the way to the teller's window?

I have one idea, do you know how people sneak things into prison? I like your idea a little better. One way not to do it would be by using the big bag with the dollar sign on it.

Originally Posted by frathousemicrowave

I have one idea, do you know how people sneak things into prison? I like your idea a little better. One way not to do it would be by using the big bag with the dollar sign on it.

In a CAKE?!?!

we are almost there folks hang on for the finish line (R/V)

Originally Posted by neno

I am here just for a second. I was going to post this about 30 minutes ago but got tied up on a call. Anyways, I have mentioned that I am in the know with a Chase bank Manager in Mesquite Texas. After reading these post "That should be in the Bank Thread" I called her. She said "Bull" come on in and get what you want. I said can anyone, And she said yes. They have not had anything come across that indicated anything else.

Also I have not gone to BofA, sorry, to confirm them yet. Just posting this, so it doesn't get wacko here over this tonight. Still have alot to do tonight, before clearing the house of the Bullcrap from the Morning. BBL.

Sorry guys, with all the things been happening I forgot that I and others decided to merge the Bank Thread to the News Thread. I apologies for the statement above in red. Please continue, it is News Too.

Originally Posted by Mike5200

Farmers in Dire Straits E-mail this
Print this
Dahr Jamail and Ali al-Fadhily, Electronic Iraq, 17 November 2006

BAGHDAD (IPS) - Despite the Iraqi prime minister's optimism for the agricultural sector, the farmers who are struggling to survive tell another story.

Drainage systems depend on pumping machines that have come to a nearly complete stop because of electricity and fuel shortages.

"Lack of supporting material like fertilisers and soil treatment has affected agricultural operation in the country, and even when it is available it is too costly and badly manufactured," the professor added.

In a study to be published soon by an Iraqi economics institute, over 75 percent of the vegetables and fruit consumed in Iraq are imported from Syria, Jordan and Iran.

This is a very good point, most people only chat about oil, when in fact Iraq has a massive water supply available. When I was there the water table in my location was a little as 3 feet. They have a major capability to supply large food stuffs to it own people, and eventualy start to export. This is itself is another way of boosting the economy in a large way. Tourisim, I am afraid is a long way off, but self sustainability is but the stoke of a pen away.

Gloribee

Gang suspected in Iraqi kidnappings - Yahoo! News

Kidnap for ransom, geez, how will they ever stop this.

Originally Posted by lab3111

can anyone translate this article:
http://cbiraq.org/News_Ar-12-2006.pdf

Tried everything I know, it's copy protected for some reason. HMMMM!!! Very curious, looks interesting too!

Cheers!
DayDream

I have been an investor for over a year now.. some what new compared to most of you . This is my first post as I have had nothing really to say till now. Everyday I come home from work and turn on the computer, hit favorites and scroll down... you know the rest. I read and read, grab a tylenol and read some more LOL. Everyone has there own individual stories and dreams of what their going to do when this all pans out. I want to say THANK-YOU to EVERYONE for making this one very interresting year. I dont know what I am going to do when this ends... I am gonna have ALOT of free time on my hands... I will miss this most of all. THANK-YOU again

Back to Story - Help
Confident of Iraq PM disavows warrant By BASSEM MROUE, Associated Press Writer
Fri Nov 17, 4:21 PM ET



Top leaders in Iraq's Shiite-dominated government fell into deeper disarray on Friday, with an official close to the prime minister disavowing an arrest warrant issued against the country's most influential Sunni leader.

The official, with intimate knowledge of Prime Minister Nouri al-Maliki's thinking, said the Iraqi leader had not known his interior minister was planning to call for the arrest of the revered leader of the Association of Muslim Scholars, Sheik Harith al-Dhari.

"We will work so that the arrest warrant is not acted upon," said the official, who spoke on condition of anonymity because of the sensitive nature of the internal Shiite conflict.

For his part, al-Dhari said the government's bid to arrest him was illegal, and his spokesman urged Sunni politicians to quit the parliament and government.

The brewing political crisis threatened the already shaky al-Maliki government and could provoke an even more violent surge in Iraq's sectarian conflict as the country teeters on the edge of civil war.

The new upheaval began late Thursday when Interior Minister Jawad al-Bolani, a Shiite, announced on state television that he had issued the arrest warrant on grounds that al-Dhari allegedly incited terrorism and violence.

The move enraged moderate members of Iraq's Sunni minority, who had already threatened over recent weeks to walk out of government and parliament and take up arms. They have charged the al-Maliki government with discrimination and failure to act on measures important to the Sunni community and necessary for national reconciliation.

Sunni anger was clear throughout the country with politicians and demonstrations condemning the warrant. A Sunni politician said the Iraqi Accordance Front, a Sunni bloc that holds 44 seats in parliament, will hold a meeting Saturday to discuss how it will react.

Speaking in the Jordanian capital of Amman, al-Dhari, who has been living outside Iraq for months, said the warrant was timed to hide the government's embarrassment over "its security failures."

Al-Dhari, who is about 65 and is an outspoken critic of al-Maliki and the U.S. occupation, told the Dubai-based Al-Arabiya television that he had not received a copy of the warrant, adding that he heard the news from the media.

"Had there been clear and fixed charges and had there been a clear legal authority I would have gone to Iraq tomorrow and stood in front of it and clarified who is the terrorist and who is not," al-Dhari said.

Iraqi President Jalal Talabani, a Kurd, said this week that al-Dhari was a hard-liner with "nothing to do but incite sectarian and ethnic sedition."

Al-Dhari responded Friday, saying: "I do not consider Talabani as Iraq's president and he doesn't represent the Iraqis. Talabani is part of the government. He feels as they feel and he fears what they fear," he told The Associated Press.

The warrant was issued two days after gunmen kidnapped scores of people from a Higher Education Ministry building in Baghdad, leading Sunni and Shiite factions of the government to provide competing claims over how many hostages were released.

The arrest warrant against al-Dhari produced similar confusion.

After al-Bolani announced the warrant was issued, government spokesman Ali al-Dabbagh, also a Shiite, sought to minimize it as an "investigation warrant." The spokesman said it is up to judicial authorities to issue an arrest warrant.

Deputy Prime Minister Barham Saleh said the Cabinet and the president's office had no knowledge about the arrest warrant. He called for an urgent meeting of political leaders to review the government's work.

Print Story: Confident of Iraq PM disavows warrant on Yahoo! News

Just imagine if the Three Stooges secretly conspired to screw the others . . .kinda looks like what the Sunni, Shiite and Kurds are doing. Larry and Moe didnt know what Curly was doing until after he did it . . .now they want to talk to see if Larry and Curly can turn on Moe . . .or was it the other way around?

Time to lock down Iraq, let the three groups go at it and to the Victor gets the spoils . . .wait that wont work either.

Can you lock the three leaders up in a room with me for a short while???