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

Originally Posted by PopaDinar

Amount sold at auction price (US $) 11.435.000
.

Are they possibly reaching the limit on the dinar buy back???? Fewer dollars sold by the CBI = Banks letting go of fewer dinar = good for us!!! (= I'm tired and going to be)

Originally Posted by _Apollo_

I have had this also in my favorites, but its in streaming format and I can't save it! This is the problem because our internet connection is real slow at the office (yeah, I know, an internet based company with slow internet... Well high-speed isn't available in the area we are in, who'd a' thunk?)

I can watch it at home, but I need to save it so I can show it to our Arabic instructor. If someone can figure out a way to save it and send it to me, please let me know and I will get it translated. Its an hour long (I think) and who knows where the part is that talks about the 14 denoms, but I will sit him down and get to the bottom of this.

I have tried different programs, but so far nothing...

Dan

Whether it is a video or an audio (I don't know which it is) there is the option of an external recording device such as a tape recorder, digital recorder, or camcorder. Simply record it and problem solved, take the recording to your instructor for translation. Would this method work?

Originally Posted by PopaDinar

Maybe this is the reason for the on again, off again, and the same reason banks give the no one day and yes the next...

I also think the HCL is the big problem here right now.

They MUST PASS this law because it is the key.

We know the ICI will finalized/enacted in mid-december.
The whole ICI is based on the HCL.

As we have read Iraq has to open their resources in return for aid.
This ICI hasn't be finalized yet because the HCL isn't finalized yet.


Here are two statements of an article:

"Daniel Weygandt, economic counselor at the US embassy in Baghdad, said Iraq needed to make clear to potential donors that it was willing to tackle tough reforms in return for urgent aid"

"...The most urgent reforms sought by the international donors are a hydrocarbons law that would outline ownership and foreign investment in Iraq's oil reserves and a reduction of government's subsidies."

Iraq tries to convince international donors it's worthy of investment - Africa & Middle East - International Herald Tribune


So they better can agree on this Hydrocarbon law the next weeks.

I think the donor countries has set a timetable for this one.
Again, they can make or break Iraq.

When ICI and HCL (at the same time I think) are done, I expect the RV. In them mean time it gives the CBI the opportunity to pull out as much dinars from circulation as they can.

We are going to see the whole package in mid-december after the IAMB meeting I think.

In the mean time this is the best opportunity to buy some more dinars. How often you get the chance to know what will happen and the time to buy some extra!!

Originally Posted by _Apollo_

I have had this also in my favorites, but its in streaming format and I can't save it! This is the problem because our internet connection is real slow at the office (yeah, I know, an internet based company with slow internet... Well high-speed isn't available in the area we are in, who'd a' thunk?)

I can watch it at home, but I need to save it so I can show it to our Arabic instructor. If someone can figure out a way to save it and send it to me, please let me know and I will get it translated. Its an hour long (I think) and who knows where the part is that talks about the 14 denoms, but I will sit him down and get to the bottom of this.

I have tried different programs, but so far nothing...

Dan

get on it dan...
NsvRecorder (zip), from NSVSoft - Free Downloads on ZDNet | Shareware, Trialware, Evaluation Software

Originally Posted by lndmn_01

Are they possibly reaching the limit on the dinar buy back???? Fewer dollars sold by the CBI = Banks letting go of fewer dinar = good for us!!! (= I'm tired and going to be)

Well it did dip pretty low on the 12th when 10 banks were involved with a total of 24.880.000

But this new figure is super low with 11 banks involved. Like SGS pointed out EARLIER, yes indeed they have been getting posted super early esp tonight and last night. We are seeing some serious changes, how totally exciting!

Flood displaces Kurdish families in Iraq's north
BAGHDAD, 22 November 2006 (Middle East Online)

Heavy rains, thunderstorms and enormous mudslides in Iraq’s northern Kurdish region have submerged vast areas and made nearly 3,000 families homeless, the Iraqi Red Crescent Society (IRCS) said on Tuesday.

Those affected blame the government for not heeding their repeated calls for better housing.

"We warned both the central and regional governments many times that we are vulnerable in these houses and demanded for their urgent help," said Haji Kemeran Ali, a 66-year-old farmer who is now living in a small tent with his eight-member family in Sulaimaniyah.

Mazin Abdullah Salom, an IRCS spokesman in Baghdad, told IRIN that nearly 3,000 families, about 18,000 individuals, had been forced to flee their demolished homes in the Dahuk, Arbil and Sulaimaniyah governorates because of flash floods that began on 25 October and went on until early November.

Salom added that these people were now living in camps and that IRCS volunteers had distributed aid to them, including food, tents, blankets, jerry-cans, heaters, mattresses, clothes, carpets, detergents and shoes.

The International Committee of the Red Crescent (ICRC) in Iraq said that at least 20 people were killed and dozens injured in the floods while infrastructure was severely damaged.

"Bridges, houses, and schools were flattened; hydropower stations were destroyed; livestock was decimated; thousands of fruit trees were washed away and agricultural land was made unusable," the ICRC said in a statement.

"It is a desperate situation for those who lost all their basic means of a livelihood. Much more assistance will be required in order to come back to normal life,” said Hans Peter Giess, the ICRC relief coordinator who visited some of the most affected areas and met with villagers.


The affected families were poor farmers and were living on mountain cliffs in poorly constructed houses, mainly made of mud or wood, he said. With low and limited income, housing has become a serious problem for many local residents in Iraq's northern Kurdistan region.

"They [central and regional governments] have turned deaf ears to our calls. They have to do something for us. They have to stop putting money into just their pockets and they have to stop forgetting poor people," said farmer Ali, who lost his one-storey house and all his cattle.

Flood displaces Kurdish families in Iraq's north | Iraq Updates

They have the solution but don't give a shite about their people!

As always, I appreciate the worthy postings from ApolloDan.
Has anyone heard anything lately on the timeframe of the 10,000 dinar giveaways to the good folks of Iraq?
Or better yet, are the meetings taking place in Europe for major deals of supplies to be sent to Iraq? I believe these to be equally important.

The cancellation of the deal for the purchase of unconventional oil
(Voice of Iraq) - 11-22-2006
Baghdad-Tariq Al-Araji

Abolished the Ministry of Oil-fundamentalist deal for the purchase of black oil with an international company in domestic prices. So the Iraqi crude oil production is about two million, six hundred thousand barrels a day and it is hoped that the production volume up during the few coming to three million barrels per day.

Oil Minister, Dr. Hussein Shahrastani told (morning) : The ministry had prepared a plan to combat financial and administrative corruption is rife in the ministry of the considerable resources that have percolated to the game was corrupt and the most important smuggling oil derivatives.

Shahrastani and explained that the ministry had revealed the sale of oil products from the Baiji refinery and the conversion of an exaggeration to terrorist elements to carry out sabotage, adding that it had been referred responsible for this process to fruition.

He added that the ministry canceled a contract with an international company for violating legal controls on contract for the purchase of petroleum Black pointed out that a number of associate concluded this decade in local currencies in violation of the instructions because the contracts for the sale of Iraqi oil black with international companies sold according to world prices is not a the prices of the local.

The minister emphasized that the ministry is fighting financial and administrative corruption in all joints, and the evidence that the ministry had been dismissed a number of staff and squatters on the public's right to the ministry, many of them referring to the investigative and judicial bodies, stressing that any employee trying to manipulate the Iraqi funds will be forwarded to the investigation and the judiciary.

On the other hand, the Ministry of oil that Iraqi crude oil production from the southern and northern borders of two million, six hundred thousand barrels a day and that the volume of Iraqi exports amounted to about one million, six hundred thousand barrels daily from the southern ports only by the continued suspension of the export operations through the Turkish port of Ceyhan because of the work lei sabotage.

Sotaliraq.com

Kuwait, Iraq in border deal
KUWAIT, 22 November 2006 (Kuwait Times)

Kuwait signed a "memorandum of understanding" with Iraq yesterday, agreeing on the guidelines for future talks on the two countries' shared border. Border security, compensation to Iraqi landowners, border oilfields, and marine border safety in Abdullah Bay were among the topics that were discussed. The Kuwait-Iraq border is the gateway for coalition forces into Iraq and serves as the primary logistical support route. Attempts to secure the border are vital to Kuwait's security as the area has seen numerous attempts by terrorists and criminals attempting to smuggle weapons, explosives, drugs and alcohol into Kuwait.

"It is not an agreement but a practical step under the United Nations resolutions," said Iraqi Foreign Ministry Undersecretary Dr Mohammed Alhaj Hmoud. "What have created is the right ground for an agreement," he added. "Both countries agreed to maintain the border demarcation and facilitate its upkeep, which will cost three million dollars and will be split evenly between us," his Kuwaiti counterpart Khalid Al-Jarallah said. "Both countries have paid this money already. There was a lot of constructive will in the talks and the signing of the memorandum. It is in the interests of Kuwait and Iraq," he said at the end of what was the two men's second meeting.

After the liberation of Kuwait and the ejection of Saddam's forces from the state, the UN Security Council passed resolution 833 which detailed the demarcation of the border between Kuwait and Iraq. After initially rejecting the resolution, Iraq finally signed it in 1994. In 2005, Kuwait began construction on a metal pipe barrier along the 200-km border with the intent of stopping infiltration into the state but the plans were halted in August of the same year after numerous attacks and protests from Iraq. "The pipe barrier is a Kuwaiti issue and they have the right to build whatever they want on their territory...I believe this issue was blown out of proportion and it is unacceptable to make it a big issue," Hmoud conceded. "

It's not a border barrier, but it's a security barrier. Kuwait will resume it's work on the barrier, which comes under the recommendation of Iraq, and every neighbouring country of Iraq should take necessary steps to maintain its security and the security of Iraq," Jarallah said. The protests in 2005 stemmed from Iraqi locals' assertions that the barrier was being built on their land, but the Iraqi government, along with Kuwait and the UN disagreed. Since the fall of Saddam Hussein, there have been attacks from Iraq on the Kuwaiti border patrol, the last of which occurred in September this year. Yesterday's talks addressed the attacks. "

We took steps (in the memorandum) on border security to secure both countries and to update the current system between the Kuwaiti and Iraqi Ministry of Interior for border security," Hmoud said. "We have agreed to a "no man's land" between Kuwait and Iraq." When asked if this "no man's land" would resemble the demilitarised zone which stretches some 10 km into Iraqi territory and 5 km into Kuwait, Hmoud said, "

It will not be the same distance as before." After the fall of Hussein and the implementation of resolution 833, some Iraqi farms were re-categorised as falling within Kuwaiti territory. The resolution provided for the loss of land of Iraqi citizens by Kuwait paying into a monetary reimbursement fund controlled by the UN. "

We agreed on the solution and Kuwait deposited the amount with the UN," Hmoud said. On Iraqis still waiting for the reimbursement, Hmoud said the Iraqi government must identify the legal owners of the land in question, noting that there are some squatters in the area. Al-Jarrallah echoed his sentiments. "We are acting under the UN resolution for reimbursements and the maintenance of the border." Regarding border oilfields, Hmoud said, "We have a vision that protects the interests of Kuwait and Iraq - what's left is the implementation.

We have agreed to create a technical committee to study the issue." The oilfields in the area have been the subject of much debate over varied aspects of drilling namely, horizontal drilling and the lack of joint cooperation in the actual drilling process. Marine border issues in the region remain tense with Iran failing to sign marine border agreements with Iraq or Kuwait, thus further complicating the issue. "The marine border is subject to operational laws, we studied it and there will be an agreement," Hmoud promised.

Kuwait, Iraq in border deal | Iraq Updates

IRAN'S EXPORTS TO IRAQ CLIMB 19 PCT IN SEVEN MONTHS
TEHRAN, 22 November 2006 (Asia Pulse)

Iran's exports to Iran have climbed 19 per cent in the first seven months of the current Iranian year (started March 21), a report said yesterday.

According to a report released by the Public Relations Department of Iran's Customs Office, the goods exported over the period weighed 1.439 million tons and had a value of US$700 million.

"Ten major items, including mineral water, various detergents or washing liquids, biscuits, water coolers, pistacchios, fresh or dried tomatoes, apples and home appliances accounted for 28 per cent of the value of the exported goods," the report said.

"Over the same period, US$32.305 million worth of mineral water, US$31.987 worth of various detergents or washing liquids and US$29.899 million worth of biscuits were exported to Iraq."

The report said sunflower oil worth $18.898 million dollars, water coolers worth $17.465 million, pistacchios worth $14.982 million, fresh or dried tomatoes worth $14.831 million, fresh apples worth $13.767 million, cheese worth $13.454 million and home appliances worth $12.877 million were exported to Iraq in the period.

In fact Iraq was Iran's third largest export market in the period.

"Iraq accounted for 6.9 per cent of the total weight and eight per cent of the total value of Iranian exported goods in the period."

Meanwhile the value of Iraq's exports to Iran was US$817,000 in the period.

IRAN'S EXPORTS TO IRAQ CLIMB 19 PCT IN SEVEN MONTHS | Iraq Updates