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  1. #25331
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by GK";137679]Go to the IMF website and read-up on Iraq. There you will find the link.[B][SIZE="3
    If you don't want to take the effort[/SIZE][/B], then you will never find the link.
    its easier to just sit here and read the posts and make nasty comments dontcha know gk.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  2. #25332
    Senior Investor shotgunsusie's Avatar
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    [QUOTE="GK";137681]Remember this, that 1460 par value was set by the CPA. Not by the sovereign, internationally recognized government of Iraq!!! The CPA was an occupational authority, not a sovereign government, and surely not an IMF member country. It's clear from the IMF art of agreements that only a member country can establish its par value with 85% approval from its members. As we stand right now, Iraq's de jeure par value under Saddam's reign would still be in effect, since the new gov't of Iraq has not rescinded it nor has it established a new par value with the IMF. Good things are forthcoming.

    "Under an international monetary system of the kind prevailing on January 1, 1976, exchange arrangements may include (i) the maintenance by a member of a value for its currency in terms of the special drawing right [B]or another denominator, other than gold, selected by the member[/B], or (ii) cooperative arrangements by which members maintain the value of their currencies in relation to the value of the currency or currencies of other members, or (iii) other exchange arrangements of a member's choice."

    Iraq can establish a new par value or continue established saddam-era par value of the IQD based on oil!!! [/QUOTE]

    [B][SIZE="4"]WOoT!!![/SIZE][/B]
    grabs gk up and kissin him right on the face!! YOURE RIGHT!!! WEEEE!!!!
    Last edited by shotgunsusie; 20-11-2006 at 09:50 AM.
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  3. #25333
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    Quote Originally Posted by shotgunsusie View Post
    and if you recall they BOTH made the statement in sept/october that 'IRAQ SHOULD REVALUE THEIR CURRENCY'.
    Also in the now infamous "zero-lop statement" of last summer didn't the MOF say that raising the value of the Dinar had the approval of the World Bank and IMF?

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    Under Iraqi Foreign when the situation stabilized in Iraq

    (Voice of Iraq) - 11-20-2006
    This issue was sent to a friend

    Under Iraqi Foreign opinion of the «» : Once stabilized the situation in Iraq will be no violations of the border with Kuwait

    Interviewed : Jinan Hussein : The Undersecretary of the Ministry of Foreign Affairs of Iraq, Haji Mohammed Hammoud that the issue of the demarcation of Kuwaiti-Iraqi issue ended, as a student border with Kuwait on the basis of historical data is old and not an arbitrary decision. We are now considering other aspects of compensation limits, in a nutshell, some farmers and some housing. In addition to research in the development of an effective mechanism called (to combat border infiltrations) depend on the officers of the Ministries of the Interior in the two countries.
    Hammoud and carrying agent in a meeting with the opinion »« some Iraqi neighboring states and the major responsibility for what is happening in Iraq because of its interest in creating a state of turmoil and instability.
    He explained that there Hammoud and administrative corruption must be recognized that we are dealing with the pandemic, which had existed in the past and now has gotten out of control.

    The following is the text of the interview :
    • What are the most prominent of the issues addressed in the agenda of your visit to Kuwait? Is subject to the demarcation of the border only?
    - Demarcated border with Kuwait, got this demarcation decision of the Security Council resolution from the United Nations and the resolution was based on the historical data is old and not as an arbitrary decision to say, the resolution was based on the old coordinates back to 1963, In the 1930s, and these coordinates the schedules and checked tables after our last meeting in the past by the technical committee of Iraqi-Kuwaiti participation of the United Nations and find out that this border pillars of sound except one in the middle of the border and changing borders by 100 meters and attributed the agreement of the parties a distance of 50 meters OL, The new site acceptable to both parties and continues this node, held demarcation of the border and have completed and now we are in the process of examining other aspects such as limits on compensation of some farmers and some homes moved result stabilize the border and the demarcation of borders as a result of this stabilization now on the Kuwaiti side, The Kuwaiti officials, and since the first moment expressed readiness to compensate those farmers, housing, and this happened now negotiating a result of changing circumstances and due to inflation, We are trying to find a formula with the Kuwaiti brothers to please these people.
    • Is the issue will be dealt with border infiltrations?
    - This is another topic of the agenda, hacking now searching for an effective mechanism call (struggling hacking), the mechanism depends on the officers and Interior Ministries in both countries, method of delivery directly and indirectly patrols and direct control of the borders of the parties, The building of facilities and customs and other security agreement of the parties and the two sides of the judge to control the precise location of the boundary, if we have these tasks in addition to the goodwill existing at the Kuwaiti and Iraqi border drafted carefully, Certainly the Iraqi security situation may lead to the existence of violations due to the weakness of this side, because of the abnormal situation that currently exists in Iraq, When the situation stabilized in Iraq will not happen, God violations.
    • Is the debt issue will be addressed in the agenda of the talks?
    - Iraq's debts and the debts of Kuwait on Iraq and the issue of war reparations, this separate issue and is responsible for in Iraq, the Economic Committee, which is chaired by Dr. Barham Salih Deputy Prime Minister, The Commission will find the appropriate time to discuss this subject in the near future, God willing.
    • political solution, direct dialogue with the neighboring states and the internationalization of the situation are the qualities and to stop bloodshed in Iraq, does this actually address the crisis?
    - Certainly some of the neighboring countries and major powers have a role in what is happening in Iraq. These States had interests in creating a state of unrest and instability
    Iraq forces harassed a number of countries, including some countries and some neighboring countries such as Iraq and the thought of the man who helped in the past and continues to contribute to human civilization, the Iraqi individual in its present unfortunate contribute to the evolution of human civilization, even in the West. the Iraqi individual is now in Europe and the United States in the leaderships of science and science towers, This means that Iraq's role in humanitarian do not say this out of vanity national or nationalist, but I am talking about the reality of the Iraqi individual. Iraq has a wealth of human and this is what gets attempting to weaken Iraq. Impairment comes from some neighboring countries can be excluded because its sound Kuwait from Iraq and this is not boasting but the reality, weakening or attempt weakening comes from states outside the region. Once these countries wanted to stop the bleeding there will be a fundamental pillar bleeding in the Iraqi society is the meat of Iraqi society, coherence between members of Iraqi society so that the transplant did not succeed sectarian and even attempts that have occurred in Iraq aimed to incite sectarian basis, but everyone stand one and clear Perhaps what happened during the attack in Samarra is a holy Guide, as the year disapproval of this work by the Shiites, as well as in killing some of the salient faces Walsh Eh I deplore year too. The killing and attack on the Shiite mosques year condemned, The work of the Sunnis and Shiites, is a national of whom want to protect Iraq and protect the Iraqi coherent fabric, and I do not think that the enemies of Iraq succeed in spite of murder and terrorism.
    After the arrest warrant Harith al-Dhari year threatens to withdraw from the Iraqi government, What is your expectations for such decisions and the extent of their impact on the situation in Iraq?
    - I am an Iraqi citizen, I do not think that the followers of such trends, these trends, a year national political parties, is the direct responsibility towards the nation does not take a political decision to this type only after study and scrutinize. and what he did, Harith Ansari many Sunnis condemn nor accept his not accept its support for terrorism and it is no doubt that this political force is aware, being dragged into such a decision.
    • unsettled situation in Iraq after Al-Maliki announced his government for the failure?
    - This situation certainly will on the Iraqi level, and at the level of political force Iraqi general, and certainly that the United States has a role and the United States now in the process of reviewing the study in the American positions in Iraq. certainly this study will not be in isolation from the Iraqi government and Iraqi officials. It seems to me that the weakness of the Iraqi government comes from a host of factors the first security vulnerabilities. The presence of infiltrators and the presence of foreign interventions and the presence of huge quantities of funds available for the purchase of receivables and spoiling a number of Iraqis to the path of terrorism.
    Another factor which helps to weakness of the government is administrative corruption, We must recognize that we wish to address the Iraqi question that this epidemic, which had existed in the past has gotten out of control now unbearable, the former started the problem and now aggravated and exacerbated by a weak component in the State, weak exonerate themselves, stolen and created this atmosphere of corrupt culture, and I think that the topic as Prime Minister will address the topical treatment and partial to the strengthening of the foreign forces in Iraq and the replacement of some ministers should examine the situation of Iraq.
    Iraq is deteriorating rapidly, The economy collapses quickly and the Iraqi people's confidence in the situation collapse since there is no Iraqi people now trust the government Unfortunately there is migration from Iraq or inside Iraq reached the limits of five million people in these circumstances, It is those outside Iraq are the cream of Iraq. The finest Iraqi skills, which have become left the country in search of safety in addition to the migration of Iraqi funds.
    • What health news agency that Tariq Aziz, a candidate to negotiate with the Americans?
    - Frankly, I have no information I can not answer at this point since the topic of the Iraqi prisoners, however, the Americans do not believe that the Iraqi authorities have no income to do so.
    • What about the plan (Baker Hamilton) Will would achieve its objectives under the current circumstances?
    - So far for the plan, the American administration did not endorse something which is still under study, No advertised in detail, only ideas, such a plan must be studied from the American administration and then studied with Iraqi officials to be judged.
    The strategy they want, as enunciated in fact, I know that the United States has a responsibility to build Iraqi security forces. and the responsibility to rebuild Iraq's economy, and get the American forces out of this stalemate where they resemble the Vietnam war the Iraqi war, which Stelk American forces and affect the reputation of the United States and the economy of the United States. initially they Joyful invasion of Iraq as an asset of the United States and continue to believe that they gain as oil and strategic position and influence and control over the region, But individual American no longer accept or accept such a matter.
    Some believe that the division of Iraq is one practical solutions to facilitate the gradual withdrawal of American troops?
    - I do not think that this issue is the solution to Iraq because terrorism is now in Baghdad. concentrated in the western region, which most of the year. If the western region of Iraq will remain a strange and Baghdad will remain a mixture of conviction, This does not solve the problem of terrorism. But talking about the division of Iraq to weaken Iraq because Iraq despite a foreign presence, the remaining influence in the region.
    • What is in the holding of an international conference with the participation of Kuwait and Saudi Arabia in the heart of the new Bush strategy for Iraq?
    -- I have read reports in newspapers, The reading itself is not enough to explain the opinion, I am sure that Kuwaiti officials are positive towards Iraq feel that the security of Kuwait from Iraq's security, The Saudis also showed a positive attitude many are afraid of terrorism as fears of terrorism and terrorists are present in limited numbers in Saudi Arabia are under the control of the Saudi government but terrorism exists in Saudi Arabia.
    And I do not believe that Kuwait and Saudi Arabia as they affect affect other countries that contribute to the creation of terrorism and create an atmosphere of distrust Is one of us accuse friend? I think that this attitude is not healthy.
    • For the first time Washington has declared its willingness to discuss the situation in Iraq with Tehran, Would that be a step in the right track to achieve security in Iraq?
    - May contribute as Iran played a role in the region and certainly try to be as in the shah's era policeman region intervene in every regard and now is trying to build nuclear power Iran, perhaps the relationship with the United States leading to the conclusion of deals. We do not know how the negotiations are confidential, and what the result is to be?
    • Some challenged in the trial of Saddam Hussein as the trial unrealistic, What do you think?
    - In my opinion, that the trial was conducted according to Iraqi laws if such laws must appeal to challenge the legitimacy of the government and the authorities initiated these laws emanating from the House of Representatives and the House of Representatives elected team is the legitimate authority in the whole world. The government gained its legitimacy from the people if the law comes from these institutions is the law illegal and therefore the legitimacy of the trial, I do not doubt the integrity of the Iraqi judiciary, I am a citizen of Iraqi institutions in Iraq are proud of their university and the judiciary. The Iraqi Justice despite being injured and despite the weakness of the judiciary in the minds of some, but there remains a beacon that lights the Iraqi eliminate Iraq's modern history, as well as the university, Whole generations Iraqi general receipts and broadcast by the national spirit, and the spirit of science and human Highness humanitarian and not Highness sense of nationalism, The Americans in general, despite all the trends that have worked for the humanitarian Highness and the most important thing in the Iraqi individual and I am proud of the individual Iraqis.
    • after the group kidnapped professors and staff of the Ministry of Higher Education, What about the reaction of the government you explain this?
    - What happened is part of the organization plan against Iraq, This is the important aspect, the plan aimed to weaken all elements of the university educational quality and the kidnapping of this type moving in a line parallel to physicians and other scientists who were killed in Ayadthm or were forced to leave.
    • The abduction issue is not an issue of individuals but rather a scheme to ءيم aimed at the heart of Iraq, These scientists are the heart of Iraq. were not the Iraqi seized power is the heart of Iraq, but Iraq's Scholars, They are the cream of Iraq and purity, not will help not stealing and corruption, the line of duty scientific honor all to this moment, the treatment I do not think that it solve the other treatments which we are weak treatments that do not lead to solve the problem of Iraq. not sure talk of this kind think that the problem of Iraq broader and deeper these statements.
    • visiting Syrian Foreign Minister Walid Moallem, Do you expect that it will pave the positive relations with Iraq?
    - According to the promises, I expect to happen in the development of positive relations. these promises have heard several times, and more willing to improve relations with Iraq call (Civil Administration in Syria) - the military administration and management of intelligence, the Civil Administration has the desire to develop relations with Syria, but other departments, Walid Moallem, honorable man and good faith and trying to give something to Iraq and Syria. But I wonder : Can we achieve that? That is the question?
    • receive Kuwait Chargé d'affaires new Fadhel al-Azzawi, How true that the Foreign Ministry had instructed him not to talk to the press or address any statements?
    - This is absolutely not true, when the ministry sends envoy diplomatically tongue, which assumed passage of the government and the Ministry of Foreign Affairs. What was reportedly prevented from talk is not true. We have a policy of the Ministry of Foreign Affairs is not to be drawn behind the bickering and sometimes exploit the press for the purposes of bickering. We have refrained from this from the minister to another official in the Foreign Affairs and this is also what is required from the Chargé d'affaires Fadhel al-Azzawi.
    Fadhel al-Azzawi, an old diplomat and has extensive experience and we have chosen to come to Kuwait to the development of diplomatic with Kuwait to the next stage, will be a new ambassador.
    • Has been nominated Iraqi ambassador in Kuwait? No such delay in the naming?
    - Designation of the Iraqi ambassador in Kuwait was delayed because of the relationship with Kuwait, but was delayed as part of a deal between the full political parties to nominate a group of new ambassadors, We opened 15 new embassy open next year with 15 other embassy and then have the embassy and we will need 30 to 30 ambassadors, We also have some ambassadors sent to retirement, these ambassadors are labeled by the Prime Minister in consultation with the Minister of Foreign Affairs and the approval of Parliament, this process of intervention in the political bargains between the various parties and Mahassat with regret, and sometimes Almahassat lead to the selection of unsuccessful and sometimes to choose successful.
    • Is the existing work with the new press is the reason for the rumors that had belonged to the former Baath Party?
    - This matter has concluded she asked me to the press and answered and answered and the Minister of Foreign Affairs and Wdhanah in housing that description diplomat who specializes in Iraq had been working on and I was ambassador in the past did not serve in terrorism and the policy of the former regime and therefore I diverted us from the people who were deported from foreign for many years and this shaking l also subjected to persecution in the past and returned in the new system, a confidant of the new system, and I do not think that the charge of this kind in the U.S., each man is willing desire to serve Iraq.
    As I pointed out that Amahtarat is why, This storm raised around evoked some of the persons who were to be coveted in the embassy because of inefficiency and the government refused to kick up dust became papers on the other. Therefore, it had first to identify the community and get acquainted to the press and faithful persons in the press.

  5. #25335
    Senior Investor Offshore-Wealth.com's Avatar
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    Default Iraqi Investments Club

    Quote Originally Posted by Gloribee View Post
    Hey R&R, we hear the Kurds are restless and want to plow on forward. Do you and Indera have any up-dates for us. we really appreciate your comments. So far we have no word on the 10K handout, any word on that?

    Thanks in advance, Gloribee
    Update,

    No 10K as of Sunday, so this is good news, the longer they hold out releasing it, the more sense it makes it might be tied to revalue.

    Good luck to all, Mike

  6. #25336
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    »« Virtue Party demanded Maliki substantial changes in government

    (Voice of Iraq) - 11-20-2006
    This issue was sent to a friend

    Baghdad-Wahid tasted life-20 / 11 / 06 / /


    Party called «» Islamic Virtue redistribution of portfolios through amendments intended to Prime Minister Nuri al-Maliki ran «so that we can participate». He said a member of the political bureau of the party on behalf of the Attorney-Sharif in a statement to «life» : «The Prime Minister re-map the distribution of government between blocs of the new order to be able to enter, according to Asthakkakatna election, in Parliament and within the coalition ». He added : «We hope that the next change to be radical and a turning point in the Iraqi situation and get rid of the Maliki weaknesses that struck outside government control».

    He attributed this to the fact that both blocs «Dhamya constitutional period, , which impacted negatively on their nominations for the posts of the ministries and led to the situation that it is now, The deficit forced them to manage files is the most serious security challenge ».

    With the Iraqi forces to «accountability blocs participating in the government as bearing the consequences of the failures that marked the work of Minister», «proposed, in the absence of competencies between the party cadres, the trend towards large slice technocrats and the nomination of deem appropriate to the ministries which will be by amendment ».

    While the Attorney Salman Jumaili, a member of the Front «consensus» to «close to Maliki told Islamic Party wished to change his deputy for security and peace Alzobai another minister (no mark) of the Ministers of the front», denied leadership in the party, Iyad al-Samarra'i told «life» to be briefed on the report «either of the ministries, which intends to make adjustments or even contact names on the nomination alternative, It had not been to this moment, any research with the Accord Front in this regard unless they are covered by the ministries to talk to her identify changes ».

    So, the Attorney guest Gado, «member of the coalition of Shiite» «life» «that his bloc will discuss the issue of a cabinet reshuffle during a meeting of the Assembly called for the end of the month», He pointed out that «the idea dominates Maliki is the efficient selection of characters, regardless of the positions of the bloc». He disclosed that quotas «political and sectarian bloc extended to the same coalition denied Prime Minister to select from a number of scientists and professional», He stressed the need to support the coalition «» Maliki in his distancing from the quota system in the interests of efficiency and integrity.

    For his part, MP Mahmoud Othman (from the Kurdish bloc) that Maliki been approached bloc «not officially or orally planned changes to the government».

  7. #25337
    Senior Investor pipshurricane's Avatar
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    Default Basra International hikes capital



    The Basra International Bank has endorsed its profits for 2005 by hiking its capital to IQD55bn, upon earning substantial growth in overall banking activities and expanding its budget by 219 per cent, said Dar al-Hayat.

    Noozz.com | IRAQ

  8. #25338
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    I personally am looking forward to the CBI auction tonight and the EU meeting tomorrow. I still have not given up on November. There is too much info regarding news articles and meetings pointing to now rather than December. JMHO.

  9. #25339
    Investor ozizoz's Avatar
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    Every week I buy my lottery tickets. I sit and stare at them all week and then check them when I buy the new ones. I never know if they have won anything until a week goes by. Sometimes I win a buck or two, mostly nothing, but every great while I get a nice hit for a couple hundred bucks.

    I just got out all my dinar . . .stared at them for a while, gave them a big hug, and put them safely back in bed . . .waiting for that day when they'll magically be winners.

    We all have a winning lottery ticket, the only problem is we just dont know the date. The key is not to throw it away getting anxious for it to happen. Miracles dont happen when you want them or expect them to . . . they just happen in their own time.

    I dont look for dates in all this news . . . I look to the news to be able to dream. Sweet dreams everyone

  10. #25340
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by pipshurricane View Post


    The Basra International Bank has endorsed its profits for 2005 by hiking its capital to IQD55bn, upon earning substantial growth in overall banking activities and expanding its budget by 219 per cent, said Dar al-Hayat.

    Noozz.com | IRAQ
    thats quite the raise in a budget wouldnt you say???
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

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