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

Economic : discussion of the high gas prices and the distribution of kerosene

Kirkuk-Sabah Yesterday Mr. Rzkar chairman of the council of the province of Kirkuk, Mr. Mohamed Ahmed, Director of softer Oil Products Distribution Company of the northern region and the two sides discussed ways to prevent a crisis in the provision of fuel for the citizens of the province. Mr. Rzkar spoke on the efforts of the local government in Kirkuk in obtaining the rights of the Kirkuk oil derivatives and countless appointments to the citizens of Kirkuk. He pointed out that the council had sent a delegation to meet with Oil Minister Hussein Shahrastani and transferred to Kirkuk and the demands of building a refinery of oil in Kirkuk within the ministry's plan for 2007 and coordination with the council of the province of Kirkuk, in relation to the appointment of staff in the North Oil Company and other departments under the ministry in addition to ensuring the right Karku was shot k of the share of fuels. And the President of the Council stressed the importance of giving an opportunity for the private sector in the management and establishment of civil mobilization to prevent any crisis situations in oil derivatives positions in Kirkuk. He confirmed that Mr. Rzkar normalization of the situation in the government departments, including the North Oil Company is an essential part of the application of Article (140) on the one hand, Mohamed Zebari expressed full support for the province of Kirkuk. He pointed out that the allocation of one barrel of oil per family per month and in relation to the Commission on oil and minerals derived from the Kirkuk governorate, headed Ribwar Talabani Chairman of the agency, accompanied by Mr. Jamal live Paper member of the Committee, a field visit to the oil products distribution company in Kirkuk and in the reception Engineer Omar capable director of the company. At the outset of the meeting, Mr. Talabani Ribwar problems distribution product gas to citizens and the high prices in some areas of the distributors before the residents how to solve this crisis for delivery to the citizens, the official prices. The director of the company to force the distribution of the product gas well in all regions and that the mechanism for the distribution of the product contains the accompanying officer of the company, with cars agents for the distribution of gas bottles and citizens to oversee the distribution process correctly. He pointed out that the gas crisis due to the smuggling operations to the northern areas. He announced the cooperation with the council of the province of Kirkuk to deliver to the plan or mechanism for the distribution of gas bottles.

ÌÑíÏÉ ÇáÕÈÇÍ - ãäÇÞÔÉ ÂáíÉ ÇÑÊÝÇÚ ÃÓÚÇÑ ÇáÛÇÒ æÊæÒíÚ ÇáäÝØ ÇáÃÈíÖ

Economic : South Korea is a desire housing complexes

Baghdad-Sabah He met with the South Korean ambassador in Baghdad, so is Musa, Minister of Construction and Housing statement Dizah Yi was discussed contribution Korean companies in projects of strategic large in Iraq. The minister expressed the government's desire to contribute to Korean companies in the implementation of special projects in the roads and bridges in addition to building three million residential units through the contribution of the Ministry's budget. Dizah Yi welcomed the signing of a document of cooperation with the South Korean side, especially in the area of housing that Korean companies have extensive experience in this area. Meanwhile, the South Korean Ambassador expressed the readiness of his country to enter the Iraqi market and implementing projects of the ministry in all areas, including housing, roads, bridges

ÌÑíÏÉ ÇáÕÈÇÍ - ßæÑíÜÇ ÇáÌäæÈíÉ ÊÈÜÜÏí ÑÛÈÊÜåÜÇ ÈÅÞÇãÜÜÉ ãÌÜãÜÚÜÜÇÊ ÓßäÜíÜÜÉ

Economy : Economic Iraqi citizen. Crisis and diagnosis

D. Peace Abdul Karim immunity There is much that can be asked to diagnose weaknesses in the Iraqi economy, which reached a crisis point, But the current stage feature is the presence of inflation First, high unemployment rates Secondly, what led to the formation of the so-called phenomenon of inflation Alerkodi stag inflation and this is required to stop to address the causes of these features together and their respective root. The Iraqi economy has suffered from the problem of inflation previously impact of a sharp downturn in the value of the Iraqi dinar against foreign currencies in general and specifically the American dollar, what led to a decrease in the value of income paid in Iraqi dinars to put American dollars and a 3000 Iraqi dinars in the era of the former regime. But contributed monetary policy followed by the Central Bank of Iraq after the April 9, 2003 to lift the value of the Iraqi dinar against foreign exchange rates in general and the American dollar specifically to fluctuating exchange rates 148500 - 15000 Iraqi dinars against the American dollar and for the last three years, The followers of the Iraq situation to improve the exchange rate constant despite continuing pumping operations of the dollar, Despite the economic policy measures multiple aspects, This points standing at the above-mentioned rate to the fact that inflation is important in the emerging Iraqi economy is not a phenomenon that is not cash any purely monetary inflation. but it is another type of inflation. Let us go a little back for the purpose of example, The prices began rising gradually since the beginning of the high spot prices and fuel products specifically (gasoline and improved quality of the ordinary, The kerosene and liquid gas, oil, gas), Then he started to rise affects I. transportation sector, and then escalated the crisis and begun to move to affect the lives of citizens on the other hand, with the intensification of the crisis of power, The increased demand for gasoline and gas to run power generators and compensate for the shortfall in electricity, author : 1-liter rise in the price of gasoline due to increased demand 2 - ampere rise in the price per tenant of the existing generators in residential areas because of the greed of the owners of the generators who claim inadequate supported quotas allocated to them by the Ministry of Oil on one hand and the high price of gas on the black market on the other hand These caused الاثران in : One high-cost production as a result of the entry of electric power and fuel cost component in production when 2-stop many projects and workshops for lack of electric power which led to a rise in the unemployment rate the one hand, The loss of these projects, especially small workshops, and electrical engineering works As has become the case, the market situation has been exacerbated since the Iraqi problem encountered in the high prices of the transfer of products to and from the market. especially for those that are taking place in the headquarters of wholesale markets (Allawi foodstuffs), as well as taking place in the retail markets, It is then seen food prices rise sharply. where the two months of July and father Higher prices for the consumer, This is now a drain on the Iraqi per capita income (if this was already out of work, No Yek unemployed), It is here now and every citizen is ready for consumption, Next to a head : 1-purchase fuel such as gasoline and gas oil, liquid gas and kerosene, which saw a rise in prices in turn the result of a decision on the lifting of government support and the result of the crisis and the scarcity of supply for the growing demand. 2 - The owners of generators that provide electricity for residential areas by raising the price per AMP has reached 14000 Iraqi dinars for the ampere single in some areas of Baghdad. while he was not more than 6000 ID per ampere in May 2006. 3 - The prices of foodstuffs, particularly the core, For example, the price of one bag of powdered milk necessary for the food of children (and infants specifically) to the 3000 Iraqi dinars per 500 grams of it, He does not exceed 500 dinars for the same amount in the month of May 2006. 4 - The price of transport and communications to three times a month compared with May 2006. Five-sector absence of other services such as subsidized health, where there is no medicine or even subsidized health services in general because of financial and administrative corruption. leakage of these medicines and medical aid to the Iraqi market to be sold to the private sector at commercial rates. The final result of the lack of hospitals and health centers and the availability in pharmacies which makes the victim first and the last of such operations. given that the private medical sector witnessing a large exodus of the minds of the result of lawlessness and direct targeting. From here could put some of the points of immediate treatment, which could have been two together : First : strengthening confidence of citizens and their state, and they (the State) supportive of the citizen by the poet, saving him from the threat of corruption and terrorism that makes one responsive to what may be required in order to complete the political process, including workshops related to the popular side. Second : save the economic situation of the Iraqi people, This is the beginning of the series, all play in the end to improve the status of the Iraqi economy through the adoption of effective demand by the activation of the citizen, as the citizen support will lead to the improvement indirectly, more specifically to raise the value of real income, It means increasing the quantity of goods and services obtained by the individual through the use of income, and then it must be pointed out that the review of salaries and improvement of the peace is not enough, and even lead to higher prices. but there must be supportive policies on the economic level. We must therefore tends treatment through diagnosis points listed below : * Solve the problems of the file with respect to the energy of a fuel and electric power on the other hand, as witnessed in Iraq this summer Gawaed this year was never seen in the years ten years, This is a psychological setback of politically oriented. * Review government policy support and usefulness, since there are an indispensable citizen (for example, medicine, fuel and food) The government support is owed, and to save the citizen in such circumstances, especially amid threats of terrorism, unemployment and poverty, but that support these commodities of the most important necessities, we on the verge of winter, blessed, at a time when the price of a bottle of liquid gas 15000 thousand Iraqi dinars, while the official price recorded in the general budget for the Ministry of Finance in 1000 ID only, This leads to the question : Where goes the increase of 15 times on the price of subsidized? and the only answer to that is that there are connections intermediaries and workshops of administrative corruption working within state institutions. * Which must deal with the file administrative corruption in a more rigorous, serious and transparent, with direct intervention from the media, As long as the Iraqi parliament approved the extension of the emergency law and work, Information can use television and radio stations to detect some of the personalities of the general managers and their deputies, Once disclosure of four or six characters and forwarded to the judiciary, The follow-up briefing of the proceedings, the confidence of the citizens will increase in the authority of the Iraqi state and sovereignty on one hand, This will be the tone of fear in the hearts of others on the other hand, It also must be accompanied by disclosure Fedach characters and punishment direct, quick and video them, leading to grave impact on the same recipient, starts Blmmah some psychological leakage channels of economic impact on the Iraqi market.

ÌÑíÏÉ ÇáÕÈÇÍ - ÇÞÊÕÇÏ ÇáãæÇØä ÇáÚÑÇÞí .. ÇáÃÒãÜÜÉ æÇáÊÜÔÎíÜÕ

Strategic prospects : the impact of policies Alaghtassadihvi evolution of the private sector in Iraq (2 - 2)

Hassan Abdel-Radi The nationalization of the private sector wrote Dr. Mohamed Al-Halafawi, the experience of industrial organization in the United Arab Republic in the search participating in the industrial development of Arab countries held in Kuwait in March 1966, wrote : (published in the July 20, 1961 laws three numbers 117, 118, 119 spent the first nationalization of all banks and insurance companies as well as the 50 companies involved in most of the basic heavy industries, The second is the government's contribution in capital (83) is a company engaged in light industries and contracting share of 50% of the capital, He spent Third inadmissibility have any natural or legal person is worth more than 10 thousand pounds of the shares of 145 companies includes spinning and textile and light industries that ownership of shares in excess to the state) It is no secret to anyone involved government Salam Aref about the Egyptian experience Nasiriyah, The frantic attempts to contact them through projects unit then triple bilateral Syria's withdrawal, and because this government political discourse speech Nasser, This was reflected some of these tendencies in the form of the internal and external policies of Nasiriyah, the decisions came nationalization in the July 14, 1964, in Iraq reproduction of the Egyptian experience, It was born out of hand without any phenomena graders or socio-economic or political in the domestic sphere, as well as being free of any conceptual clarity to the future of nationalization and how to regulate the movement of industrial nationalization and ensure that they are administratively and economically and politically very successfully. The included nationalization laws or so-called (Socialist laws) as follows : 1. All the banks and insurance companies in the public sector in the area after that to set up private companies in it. 2. In the industrial field, all industries, cement, asbestos and cigarettes industry in the public sector, no room after that for the establishment of private companies which, 3-In other industrial areas like yarn, textiles and foodstuffs were nationalized large projects only, The small and medium-sized enterprises have been left to the private sector. The nominal value of the shares of the companies and nationalized banks around 26 million dinars. three million dinars, which were owned by the public sector before the nationalization laws. It was full compensation for nationalized foreign capital, while compensation has been small shareholders of Iraqis who do not exceed the value of their shares to five thousand dinars. It must be pointed out that the promotion of indigenous industries No. 31 of 1961 had provided for the treatment of Arab capital treatment of the figures in order to encourage local investment in Iraq but the nationalizations and the 1964 Law No. 101 items under which the volume of private enterprises to invest a maximum amount of 70 thousand dinars. it had unloaded the investment promotion law of the content and paid capital activity towards private investment in small-scale nature of consumption. In short, in this regard : Salam Aref that the government did not succeed in creating new dividing lines to clarify the border between the private and public sectors, The continued absence of such a determination, no one should expect serious contribution of the private sector in economic development administered by the State The absence of the border means the absence of trust and confidence, nor can the private sector to work in the area unsafe, the nationalization laws have proved themselves to private investment fears were justified on the ground. Sources : 1. D. Sabah al-industrial development in Iraq. the private sector, (Baghdad, 1968). 2. D. Imad Abdel Latif Salem State and the private sector in Iraq in 1921-1990 (Baghdad, 2001). 3. Hanna Batato Iraq. classes social movements and the revolutionary first book interpretation Afif Al-Razzaz (Beirut, 1995). 4. Ibrahim Kabbah, through this July 14 (Beirut, 1969).

ÌÑíÏÉ ÇáÕÈÇÍ - ÃËÑ ÇáÓíÇÓÇÊ ÇáÇÞÊÕÇÏíÉÝí ÊØæÑ ÇáÞØÇÚ ÇáÎÇÕ Ýí ÇáÚÑÇÞ ( 2 - 2 )

The Muthanna governorate refuse to ratify the budget

(Voice of Iraq) - 11-18-2006 This issue was sent to a friend After reviewing several projects. The Muthanna governorate refuse to ratify the next year's budget Samawah / Adnan Samir Muthanna Governorate Council refused to ratify the plan by 2007 for the implementation of projects for next year. As Council members felt that the plan did not meet the actual needs of citizens in the center and the districts of the province. He also explained Ziyadi Council member : We have decided to form a committee of construction and the number of Board members to study the reality of the service through coordination with the municipal councils and district and sub-district for a new mechanism commensurate with the needs of the province. He added : We have developed the necessary steps to identify projects and strategic outlook projects the immediate pressing and pressing taking into account population density and distribution of justice projects. The meetings are continuing with the development of the new mechanism, where it is hoped that the sum of 104 billion dinars Muthanna governorate in the budget of 2007. He pointed out that the rejection was made for several projects such as the allocation of the amount of eight billion and 600 million dinars to build buildings of the local administration and the establishment of forest while there is no water to reach those areas. The need to implement and maintain a pipeline network in residential areas of water, especially the net that the World Bank has agreed to allocate funds for the memorial giant pumps to push water to all residential areas and the poor electricity network has agreed to maintain the memorial compression station and one in need while Samawah to three stations and Council demands b approval of all other projects that require review, in line with the actual need of reconstruction. Long

Sotaliraq.com

The Islamic Virtue Party in Basra calling for the activation

(Voice of Iraq) - 11-18-2006 This issue was sent to a friend The Islamic Virtue Party in Basra calling for the activation of a Mecca Basra «» Middle East : The Islamic Virtue Party, in the province of Basra to activate the document Mecca month after the agreement is signed through the expanded spectrum included people of the governorate, in order to stop the bloodshed and the violence in Iraqi cities. The Dr. Emad Abdel-Zahra Secretary General of the Party, government, word eighth in the Muslim scholars to issue an advisory opinion on outlawing the blood of Muslims and resort to constructive dialogue to restore security and stability. He stressed Mohammad Misbah Alowaeli Governor of Basra on the necessity of respecting the opinions of others and not to marginalize small parties and blocs.

Sotaliraq.com

Iraqi authorities seeking to calm after the storm

(Voice of Iraq) - 11-18-2006 This issue was sent to a friend Iraqi authorities seeking to calm after the storm of protests about the arrest warrant Dari Iraqi authorities seek to calm things down after a storm of protests raised by the decision of the Ministry of Interior to issue an arrest warrant against Sheikh Harith al-Dhari, Secretary General of the Association of Muslim Scholars «», the most prominent religious bodies of Arab Sunnis. In a step meant to appear to alleviate congestion and to contain the anger, The government spokesman on Skinner that a fierce right not warrant «», but «» Note achieve. Skinner said : «Press news media that the Iraqi government issued a warrant for the arrest of Sheikh Harith al-Dhari, we assert that this transfer of the news out of context and are partial». He added : «There are files under investigation and the memorandum on the activities of achieving Sheikh Dari but no decision had been taken in these files so far» «stressing that any subsequent decision in this context depends on the decision of the judiciary away from any political consideration». The spokesman of the Ministry of the Interior, Major General Abdel-Karim Khalaf, The earlier that fierce «breach of the provisions of the Code to combat terrorism» said at the same time work on «» recovered wherever it is. He explained that the fierce behind Major «breach of the provisions of the Code to combat terrorism and we have evidence and witnesses against him were proven Arrest Warrant which was presented to a judge and signed». He stressed that «note issued by the authorities is also a note recovery, We will be brought wherever ». And the Ministry of the Interior issued the day before yesterday, arrest warrant against the fierce charges of «incitement to sectarian violence». He refused yesterday Harith al-Dhari, a memo issued by the Iraqi government to investigate or arrest, considering it a «neither legitimate nor national nor legal». He said in statements to reporters in Amman «I reject this note whether a warrant or investigation», He added «I am not accusing up their offense with me». He continued : «I am for them to be accused either withdrew the arrest warrant or not bring them back». Dari said earlier in response to the news about the issuance of the Iraqi Interior Ministry that the arrest warrant against him «issuing such a memo does not hold the rights and legitimate national and legal». He added : «it is not making a legitimate government but would not exceed away from the people». And about the message it sends to the government as a reaction to the issuance of an arrest warrant against him, Dari said : «Thank you, and tell them if there was something else in Jabtkm Fqadmoh even Trattahua», He said that the issuance of such note «a sign of despair by their owners, and the root of their failure». He added that «the timing of the issuance of the memorandum came at a time when the government is very embarrassed after the failure of the official in the performance, security and the fear of the unknown after the changes that have taken place in the United States because the administration failed in the elections that was sponsored» in reference to the Republican Party to which it belongs, American President George Bush. In response to the accusations, President Jalal Talabani has raised sectarian and ethnic strife, Dari said that Iraqi President «I am always accusing us of not considering the president of Iraq and represents us and therefore we expect him to issue such statements». He added «that part of the government, My including feel frightened and afraid than ». The President Jalal Talabani accused fierce last Wednesday Sedition sectarianism and nationalism expressing regret «» «to the presence of some countries, which is working to assist». He said Talabani «some of the work the pretext of helping the Sunni Arabs, intended to discredit Arab Shiites and the Kurds (...) among them Harith al-Dhari, who seeks to stir up sedition and sectarianism, nationalism, taking advantage of some countries that are working to help with deep regret ». Asked whether it had intended to return to Iraq. Dari replied : «I will return to Iraq in a timely manner in spite of objects». In response to a question as to whether the Jordanian government asked him to leave their territory, Dari said : «issue in the beginning. We do not believe that the Jordanians Sidhaikonna. But if it felt that it was in their interest that we leave, we will leave today before tomorrow ». For his part, a Jordanian government source confirmed that the Jordanian authorities had not received any request from Iraq on the existence of the fierce on Jordanian territory. The source said in Amman «followed press reports and information in this regard, but there are established procedures for Governments in the subject of the claim persons and the Jordanian authorities had received no claims of this kind». The fierce accused in an interview with the Arab channel «» last Saturday gathered Anbar clans led by Sheikh Abdul Sattar aberrantly Aftikhan, one of the dignitaries Abu Risha tribe, which is fighting Al Qaeda, «as a group of bandits resorted to the government, or some of which, to fight Al Qaeda, which is fighting the occupation forces ». Describing the fierce as «Thieves not Iroukhm a base in Anbar and operations, it has been subjected to damage their totals joined the leadership of suspicious ». In response to a question about the operations of assassination, kidnapping and bombing. Dari said that the charge of the «American forces and the Israeli and British forces and militias of the ruling parties, criminal gangs ». In response to a question about his opinion the death penalty against former President Saddam Hussein, he said that «the trial is not a legal provision therefore illegitimate and illegal». In turn, the Association of Muslim Scholars, demanded in a statement «our people» restraint farewell at the same time «withdrawal from the government and the parliament». For its part, Sunni Arabs parties denounced the issuance of an investigation against the fierce, strongly condemning the government. The Iraqi Islamic Party «» «issuance of the memorandum as shooting the bullet of mercy on the initiative of national reconciliation, dialogue and proof of the sectarian approach applied by the government». In turn, «The General Conference to the people of Iraq, led by Adnan Al-Dulaimi» «at the time that he must (...) the prosecution of the leaders of death squads and militias, and the leaders of sedition and civil war (...) These sectarian government (...) the decision is a stab in the heart of national elitist ». He condemned the imams in Sunni mosques in Baghdad and Mosul during his Friday sermon to issue the note issued against Dari, considering that she «» conspiracy against him. In Najaf, described before the Husseinieh Fatimid cleric Sadreddin Al Kabangi during his Friday sermon that Harith al-Dhari «symbol of sedition and« »» Grand thieves. He said Qabbanji to thousands of worshipers in talking about the positives for «» «Iraq that the judge Harith al-Dhari represents utter arrest of a person wanted to impose himself on the street, Sunni and this person is a symbol of sedition». On the other hand, «Qabbanji explained that the position of the rescue Anbar Musharraf is the position of clans disposal of the remnants of the terrorists while the fierce describes the clan as true Arab group of thieves and bandits, but is the Grand thieves». In Damascus, Dan Academy Sheikh Ahmed Kvatarro Islamic arrest warrant was fierce. He said the compound in a statement received opinion »« copy of the arrest warrant Sheikh Dari in Iraq «distinguished citizen belonging to a rich country, a breach of the unity which represents the fierce one fixture». He added that this action «a doubt the reliability of the government in decisions consistent with the desire of the Golan sow sedition between the sons of one country and religion». The statement emphasized that «the people of Iraq Sunni, Shiite, Christian and Islamic Atiava multiple live in the security and safety of many decades without strife recalls», accused «occupier that came pretext of freedoms and democracies flimsy broadcasting sedition and intelligent fire partisanship and prejudices». He called on the people of Iraq «» «to be aware at this critical stage and the consequent disadvantages of the presence of the occupier and to renounce all forms of violence and sectarianism». He stressed the need to «work on the formation of a government of national rationally combine the sons of one homeland Batiafh with different achieve security and tranquility, freedom and emancipation from the yoke of occupation». He continued that all zealous «Iraq refused to be insulted sons dedicated to denounce and condemn the Islamic quinquennial mere issuance of the memorandum provides for the detention of this grand Islamic symbol».

Sotaliraq.com

Barham Salih says that the government to know a note summoning fierce

Deputy Prime Minister Barham Saleh said that "the government did not know the decision to call the note head of the Association of Muslim Scholars Harith al-Dhari." Saleh added in a statement to the newspaper (Middle) East, "the prime minister was not aware of the issuance of this note, and she was surprised by news media outlets note. " He pointed out that "it will not be discussed with the fierce retrieval from Jordan, In the absence of a judicial decision and clear discussion of this topic is premature and the issue is not under discussion now. "
NOAA
11 / 18 / 2006

Radio Nawa

The streams Muthanna conceal various projects at three billion dinars.
Sewage Service implemented various projects in Muthanna governorate to extend piped water and sewage lines pay higher cost of three billion dinars. An official source at the department said that "this amount allocated from the budget and accelerate the development of the ages, The project continues to work on it now is a network streams neighborhood nationalization and the Al Qishleh Street and Mahdi stellar. " Pointing out that "there are projects funded by humanitarian organizations in different regions of the province."
NOAA
11 / 18 / 2006

Radio Nawa

Originally Posted by forfun

I think this question has been alluded to in this forum, but I haven't seen a complete reponse yet.

This question would be for Adster, RR, Mike, Susie, or anyone else that has this information. Are there international banks outside of Iraq, in fact, outside of the Middle East that have bank type accounts where we can deposit dinar and keep the currency as the dinar?

So that as the dinar value rises, we can take advantage of an increase in value without exchanging to another bankable currency.

For example would Barclays Bank in London or Credit Suisse in Zurich allow us to deposit dinar without exchanging? I would like to hear some opinions on this.

My hope is that with an account established in the millions of dinar, a certificate of deposit (108) could be issued as a financial instrument.
Comments anybody?

I am looking for the same, I dont think anyone is doing this yet, more likely to be a bank in the middle east if any, in places like Jordan, please keep us informed if you find anything.