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

COMPARISON OF LAST 12 AUCTIONS.....

Number of banks:
11/2/06 (16)
11/7/06 (14)
11/8/06 (20)
11/9/06 (14)
11/12/06 (10)
11/13/06 (17)
11/14/06 (15)
11/15/06 (19)
11/16/06 (12)
11/19/06 (12)
11/20/06 (12)
11/21/06 (15)

Auction price selling dinar / US
11/2/06 $1470
11/7/06 $1468
11/8/06 $1466
11/9/06 $1465
11/12/06 $1465
11/13/06 $1465
11/14/06 $1460
11/15/06 $1455
11/16/06 $1454
11/19/06 $1452
11/20/06 $1449
11/21/06 $1446

Auction price buying dinar / US
11/2/06 $----- -----
11/7/06 $1466
11/8/06 $1464
11/9/06 $------ -----
11/12/06 $1463
11/13/06 $1463
11/14/06 $------ -----
11/15/06 $------ -----
11/16/06 $------ -----
11/19/06 $------ -----
11/20/06 $------ -----
11/21/06 $------ -----

Amount sold at auction price (US $)
11/2/06 70.245.000
11/7/06 109.150.000
11/8/06 97.010.000
11/9/06 70.180.000
11/12/06 24.880.000
11/13/06 110.265.000
11/14/06 62.540.000
11/15/06 64.960.000
11/16/06 39.945.000
11/19/06 31.495.000
11/20/06 56.765.000
11/21/06 50.115.000

Amount purchased at Auction price (US $)
11/2/06 -----
11/7/06 3.000.000
11/8/06 3.000.000
11/9/06 ------
11/12/06 2.500.000
11/13/06 2.600.000
11/14/06 ------
11/15/06 ------
11/16/06 ------
11/19/06 ------
11/20/06 ------
11/21/06 ------

Total offers for buying (US $)
11/2/06 70.245.000
11/7/06 109.150.000
11/8/06 97.010.000
11/9/06 70.180.000
11/12/06 24.880.000
11/13/06 110.265.000
11/14/06 62.540.000
11/15/06 64.960.000
11/16/06 39.945.000
11/19/06 31.495.000
11/20/06 56.765.000
11/21/06 50.115.000

Total offers for selling (US $)
11/2/06 ----- -----
11/7/06 3.000.000
11/8/06 3.000.000
11/9/06 ------ -----
11/12/06 2.500.000
11/13/06 2.600.000
11/14/06 ------ -----
11/15/06 ------ -----
11/16/06 ------ -----
11/19/06 ------ -----
11/20/06 ------ -----
11/21/06 ------ -----

US Dollar
USD
11/2/06 1470.000
11/2/06 1469.265
11/7/06 1470.000
11/7/06 1469.265
11/8/06 1468.000
11/8/06 1467.266
11/9/06 1466.000
11/9/06 1465.267
11/12/06 1465.000
11/12/06 1464.268
11/13/06 1465.000
11/13/06 1464.268
11/14/06 1465.000
11/14/06 1464.268
11/15/06 1460.000
11/15/06 1459.270
11/16/06 1455.000
11/16/06 1454.273
11/19/06 1454.000
11/19/06 1453.273
11/20/06 1454.000
11/20/06 1453.273
11/21/06 1449.000
11/21/06 1448.276

Originally Posted by kiko

Iraqi leaders to hold "urgent meeting" - deputy PM
19 November 2006 (BBC Monitoring)

Iraqi leaders will hold an "urgent" meeting in the next few days to discuss curbs on violence, Iraqi Deputy Prime Minister Barham Salih Dubai told Al-Arabiya TV in an interview carried on 17 November.

He gave no further detail but said: "Iraq cannot go on with this level of violence and bloodletting."

"Therefore, it was decided to convene an urgent meeting of political leaders in Iraq over the next few days, to discuss the situation, to reassess government work mechanisms and to adopt appropriate measures."

Salih said participants would include "leaders involved in the political process and leaders who represent the overwhelming majority of the Iraqi people".

He did not confirm outright whether leader of the Association of Muslim Scholars Harith al-Dari would take part in the conference but said:

"National reconciliation attempts are ongoing, including the Arab League initiative in which Shaykh Harith al-Dari and the Association of Muslim scholars had participated."

Salih admitted that the Iraqi government was "paralyzed" because "the extremists impose their control on many sectors and on the people".

"There is a real struggle, a struggle that is getting more serious," Salih said. "This struggle is not a sectarian struggle in the acknowledged sense of the word. It is a power struggle between extremists and moderates."

Salih said: "The political understandings and agreements that were reached had led to the formation of the current government. I am going to be frank and admit that these understandings have come apart and might collapse if we do not tackle the situation quickly."

"We currently need an alliance among the moderates and the wise people from the Sunnis, Shi'is, and Kurds. We must close ranks and not allow the extremists to hijack the political process and dictate their terms on the people as they are doing now," he added.

Iraqi leaders to hold "urgent meeting" - deputy PM | Iraq Updates

This is what it really comes down to in my opinion. Yes, some sect. groups have anger towards other sect. groups and vice versa. But it's the extremists that are the top problem. They don't want peace or democracy. They want to destroy the "West" and and have Islam rule for world all in the name of Allah.

The radical extrememists need to be defeated. This is gonna be tough. The clerics preaching this hate have to lose power over the masses of people following them.

Originally Posted by shotgunsusie

'...in accordance with market norms...' what would the market norms be for a country that has more potential for wealth than saudi arabia ever had? last time i checked the richest people in the world were from saudi arabia or the majority of them were.

no such thing as a 'market norm' for something as out of the ordinary as the potential of iraq's market.

iraq=more oil than saudi=more revenue at todays prices=richest nation in the world
what is the market norm for the richest nation in the world? what would you judge it off of?? would you expect their currency to be less than a dollar?

Suz,
I agree, we and Iraq are sitting on more potential than can be discribed, but this thing is far beyond what we consider normal rational. I know we will eventually get there, but in general these folks have a whole different perspective on the world. Many would make a prided based descission, which are ususally what we consider crazy (suicide bombing), than to forgive, move on, florish and prosper. I have many close friends in Kuwait and Iraq, and if you ever discuss things like world politics and religion with them, you would think they were living on another planet. They are convinced that the world is conspiring against them and underneath every rock is a Israelly, plotting to get them. Even folks that have better sense even sympathize with some martyres. I mean they think that Hitler has been resurrected in jewish form. Thus many don't trust enough to forgive and except peace. The iraqi government is stuck in the middle; attempting to do what maybe impossible. They have to balance between the western perspective on what is right and cultural norms that have been in place for a millinium. Sadam was a madman, but that's what kept the vulcano from erupting. Shucks, it took us 200+ years to make the progress we have achieved in the US, and we still have a ways to go. Iraq is try to do it in 3 years? I really hope that things get better, and I think a sizable reval would help but the mindset is so deeply embedded and the propaganda is so pervasive, it's going to take some doing.
SGS you are my Rah Rah Momma . Your optimism keeps me centered. Please keep up the great job!

sorry if already posted
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The name of God the Merciful
The Republic of Iraq
Prime minister
Media Bureau

Thursday, 16 / 11 / 2006

Press statement

he met Prime Minister Nuri Kamal al-Maliki upon his arrival the Turkish capital of Ankara this morning, the Prime Minister of Turkey, Mr. Recep Tayyip Ordogan, It was during the meeting and exchange views on issues of common interest between the two neighboring countries.
The two sides stressed their keenness on the establishment of better relations on the basis of cooperation in the political, economic, security and counter-terrorism and non-interference in internal affairs.
and Mr. Prime Minister, reviewed the steps taken by the government, which set the political track of the draft national reconciliation, and economic path, which aims to rebuild Iraq, the fight against terrorism, In this regard, the Prime Minister said that the government would not allow it to take place in Iraq Aummera headquarters of terrorist organizations and that we need so the Iraqi Constitution also regulates the relationship with the neighboring countries on the basis of mutual respect.
and, Mr. Prime Minister, that the Constitution provides for resolving issues and dilemmas that ensures the rights of all nationalities and ethnic groups and equitable distribution of wealth, including the issue of Kirkuk, which said its sovereignty by : that Kirkuk is Iraqi and we will not be against any of its components and will solve Ashkalatha according to the Constitution.
He called Mr. Prime Minister of Turkey to take the initiative to write off 80% of the debt owed to it by Iraq from the era of the ousted regime like in the European Union and the Paris Club, He also called sovereignty of Turkish companies to contribute to the reconstruction of Iraq, reminding Alastthmaralthi law was approved by the Iraqi parliament.
For his part, expressed the Prime Minister of Turkey support for the unity and sovereignty of Iraq and praised the initiative of national reconciliation and the Iraqi government to tackle terrorism and expressed Turkey's desire to strengthen relations with it in all aspects.
This was followed by an expanded presence of all members of the Iraqi delegation discussed with their Turkish counterparts, It was agreed to hold regular bilateral meetings of the Ministers of Interior, Foreign Affairs, Finance, Transport, electricity and oil.

The Presidency examine ways out of the current political tensions



Council met with the full membership of the Chair today, Sunday, 11-19-2006 in the office of the President of the Republic, Jalal Talabani, to discuss the current political situation in the country.
And Council studied ways to break the current political tensions, and the process of setting up mechanisms of political forces and national levels in order to build national state based on law and respect for human rights and democracy, and away from sectarianism and narrow interests.
He also stressed the Presidency in its meeting on the need to address terrorism and all of harm to the State violates the law, in addition to the emphasis on the activation of the project of national reconciliation and strengthen the ties between all the components of the people.

Information Office of the Presidency of the Republic
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Cash amounts sold to the bank and its customers were USD(16.965.000) at a rate of(1449+1+10=1460)IQD\USD .
The amount sold to make transfers abroad was USD (39.800.000) at a rate of (1449-2)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

Keeeeeeeeeep dropping

Originally Posted by rvalreadydang

Cash amounts sold to the bank and its customers were USD(16.965.000) at a rate of(1449+1+10=1460)IQD\USD .
The amount sold to make transfers abroad was USD (39.800.000) at a rate of (1449-2)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

Keeeeeeeeeep dropping

woOt vu woOt!!!!

Yesterday, Mr. Adnan Mufti Cordstan President of the Parliament on 19 / 11 Mr. (Bob Sjeffer) member of the American Congress on the Republican Party, the delegation of the company led by Ms. Aspect Energy (Abbot Ainioi).

Aspect Energy .In a meeting attended by a number of members of Parliament Cordstan exchange of views on the political and economic conditions in the territory Cordstan, as the guest delegation expressed readiness to work Aspect Energy in the investment projects in the province. .Members of the delegation also expressed their pleasure to visit the territory and admiration developments in the region, especially the Investment Law. the atmosphere of peace and security situation of the region in light of democracy and federalism



For his part, the Speaker of Parliament on the importance of the issuance of the investment law to attract foreign capital to the territory, He announced the readiness of the Parliament to cooperate with them and support their work and facilitate their meetings with officials in the Ministry of Planning and clearer other concerned government in the province to discuss the needs of the region.

Aspect Energy .The company Aspect Energy of the largest investment companies of America.

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The Ministry of Finance announced that the rate of inflation Iraqi economic reconstruction of Iraq has risen to about 76%. as a result of deteriorating security conditions and instability to such a rise. The ministry added that the high rate of inflation also due to the administrative and financial corruption suffered by the Iraqi ministries and institutions. should be a reference to the proportion of the unemployed in Iraq, estimated at about 46%. It is noteworthy that the government has drawn up a new plan to deal with this rise in the inflation rate of economic

جريدة المواطن العراقية

Originally Posted by rvalreadydang

Yesterday, Mr. Adnan Mufti Cordstan President of the Parliament on 19 / 11 Mr. (Bob Sjeffer) member of the American Congress on the Republican Party, the delegation of the company led by Ms. Aspect Energy (Abbot Ainioi).

Aspect Energy .In a meeting attended by a number of members of Parliament Cordstan exchange of views on the political and economic conditions in the territory Cordstan, as the guest delegation expressed readiness to work Aspect Energy in the investment projects in the province. .Members of the delegation also expressed their pleasure to visit the territory and admiration developments in the region, especially the Investment Law. the atmosphere of peace and security situation of the region in light of democracy and federalism



For his part, the Speaker of Parliament on the importance of the issuance of the investment law to attract foreign capital to the territory, He announced the readiness of the Parliament to cooperate with them and support their work and facilitate their meetings with officials in the Ministry of Planning and clearer other concerned government in the province to discuss the needs of the region.

Aspect Energy .The company Aspect Energy of the largest investment companies of America.

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talkin about kurdistan but the investment law is the same, the kurds just aint waitin on baghdad.