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

Happy Thanksgiving Everyone!!!!! Godbless You All!
Lisa

Didn't see this posted yet...talk about a trade imbalance.

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

Iran's exports to Iraq 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

OK...Happy Thanks Giving Everyone South Of The Border....now I'm just going to sit here...with no Turkey , look at those frozen dinners...wish I had Turkey....ooooh, Hungryman Entre, Yum.

Originally Posted by sassy

Hey guys, wasn't there a article posted maybe a week or so ago about sending some bank employees to be trained. Does anyone remember this? CHARMEDPIPER was this one of your articles that you posted? THANKS,LISA

12-16 Nov. - Sixteen high-ranking officials from Iraq Central Bank (CBI) are to undergo advanced training at the Bahrain Institute of Banking and Finance (BIBF).The banking supervision programme is being organised by BIBF in co-operation with the International Monetary Fund (IMF) and Federal Reserve Bank of New York (Fed NY).

HAPPY THANKSGIVING EVERYBODY

"TURKEY JIG"

Originally Posted by jedi17

OK...Happy Thanks Giving Everyone South Of The Border....now I'm just going to sit here...with no Turkey , look at those frozen dinners...wish I had Turkey....ooooh, Hungryman Entre, Yum.

Hungryman does turkey too....lol

Happy Thanksgiving everyone...Happy Thursday to others.
As mentioned already....bless the troops and bring them home safe.

Originally Posted by kiko

Demand for the dollar registered its lowest level in 2006
Baghdad - (Voices of Iraq)

Record demand for the dollar today, Thursday, its lowest level this year. It also has three dinars to the dollar value amid expectations of continued decline in medicine for the American currency, with the direction of the Iraqi Central to raise the value of the Iraqi dinar at the expense of the dollar.

The Central Bank said in a statement that demand for the dollar today at the conclusion of the meetings this week, the volume of the requested five million and 330 thousand dollars, compared to 11 million and 450 thousand dollars on Wednesday.

Distributed demand for the dollar by one million and 290 thousand dollars in cash and four million and 40 thousand dollars in the form of remittances outside the bank full coverage of exchange rate amounted to 1441 dinars, down 3 dinars on the price yesterday.

Did not make any of the six banks participating in the auction, the lowest number of banks participate in one meeting this year, any offers to sell the dollar.

He expected to Yasiri, owner of the banking and one dealing with the auction to continue the demand for the dollar remained low during the coming period due to the continuation of the Central Bank in reducing the price of the dollar that is bought today reduced its price tomorrow.

He said in a statement to the News Agency (Voices of Iraq) Independent that "requests for the dollar will remain low in wait for the exchange rate that the Central Bank wants to get to and not known until now."

ÏæáÇÑ- (ÇÞÊÕÇÏ) :: Aswat al Iraq :: Aswat al Iraq

The RV is coming soon!!

Originally Posted by DayDream

If you were given 2 currencies...one equal to $1USD...the other worth 1.01 USD, which currency would be your currency of choice? Well a penny is a penny, I'd choose the one worth 1.01USD, wouldn't you?

Well the CBI is banking on that choice being made also...

The first page : new fiscal policy leading to a rise in the exchange rate of the Iraqi dinar

Baghdad/ long

In an unprecedented led the Central Bank of Iraq ambitious campaign to promote the exchange rate of the Iraqi dinar according to a plan designed to absorb liquidity and the reduction of inflation rates expressed at heights and clear on the prices of goods and services.

The presentation of the Central Bank through the auction, organized by the daily buying and selling of foreign currency sums of dollars, where they were able to achieve a gradual reduction of the dollar exchange rate started from 1470 dinars to the dollar to reach the price at the meeting yesterday transactions related to 1444.

Al (short) from official sources in the Central Bank, said that this policy would continue to thrive and become the Iraqi dinar currency of choice in daily dealings. With those sources expressed its confidence in achieving this policy even finishing off phenomenon (dollarization). The financial sources noted that government agencies, companies and several parties overestimated the adoption of the dollar currency dealings content in the market, including played an influential role in the exacerbation of the situation inflationary and this policy comes in the wake of several warnings by the Central Bank pointed to the escalation of the situation to the inflationary rate of 76.6% during the month of August last year compared with August 2005. it depends on the impact of an interest rate increase granted by the pointing of 6 to 12%. With the bank issuing of the bonds amounted to Release hundred billion dinars rewarding benefits are paid through the 182 days, But the reluctance of banks to respond to civil actions that carry the Central Bank to adopt a policy to strengthen the exchange ambition and confirmed in a statement pursuit and determined action to reduce the inflationary situation at various levels.

On the other hand, currency exchange market witnessed weak demand for the dollar and other foreign currencies, including advances of the price of the Iraqi dinar prelude to potential Anaaksh on the prices of commodities and services in the local market.



Pretty much says to me that the purpose of these auctions are to bring the IQD to the point that it will be worth MORE than the USD and the people will CHOOSE to use their own money as opposed to the dollar.

Loop the Lop....HANG 'EM high!!

Any thoughts?

Cheers!
DayDream

i have only one thing to say...

WOoTTTTTT!!!!!!

Originally Posted by CharmedPiper

The Bush-Maliki Blair coming to visit Damascus

(Voice of Iraq) - 11-23-2006
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The Bush-Maliki wants authentication of opportunities draft Blair in the creation of a Syrian-Iranian understanding about Iraqi security

Speed steps to reformulate the region show features with Blair coming to visit Damascus

Paris, Rome, Madrid, Baghdad-file Press

All indicators confirm that he and specialized scientific scientists measured policy "that the world is about to turn a very important role in the formulation of relations between the West and the Middle dominant Almestellb's will, and uranium resources of the developed world."

He says political science professor in Baghdad and Mosul, those who insist on staying at home in spite of all the bloody targeting brains and competencies, and it also insist on non-disclosure of their identities in order to ensure the lives and influence the subsequent opportunities in the post-liberalization and transparency, "The Europe began publicly actual insubordination to the policy of American States in dealing with the Arab oil wells, and is the insurgency that began publicly with the invasion of Iraq. and reflected in the position of the situation in Lebanon and the Palestinians and to deal with the Iranian nuclear program and the nature of dealing with them in drafting a new pattern of relationship between the old league of each hand, east generally, and especially the Arabs and Knight, on the one hand, and the other is the old Europe and the United States, young jingoistic strongly youth on the other hand. and after the results of the Congressional elections is the rebels Europeans ally in the internal American Center Authority, shared vision in at least avoid further losses in Iraq. out of view of expediency seeking to convince the American electorate that "the granting of the democratic voice, I mean, granted the upcoming presidential elections to end the war in Iraq. and other areas, thus, the heaviest burden the American voter, a family with much of the burden, and deprivation at the same time many of the privileges that came out of President Bush's policy of reducing taxes. "

But the truth about the outcome of the Force in Washington, that does not mean Bush has been devoid of the ability to continue its policies, in particular, it captures the experience of every American administration to circumvent the decisions of Congress, and even the laws promulgated, and in this example is "good" in the cowboy hero movies President Ronald Reagan in the mid-eighties of the last century. when the continued supply of weapons to the contras against the Nicaraguan government Alsandensteh, and to provide the Islamic Republic, a bitter opponent of the United States, many of equipment useful in its military operations against Iraq. starting from tires fighter aircraft and missiles up to and some spare parts, imagine the sense that President Bush had surrendered to the democrats and most fully, and he expressed this fact vice-president, Dick Cheney, on the night of the election results and confirmed after the publication saying, "We can procedures fragmentation of our political administration in order to prevent the intervention of Congress." Cheney adds, "I know the President well. It will not accept without victory in Iraq. and we are working to achieve the goal. "

Political observers wonder, and heads Americans, and among them senior involved in the management of the war in Iraq. in both overt military and political one hand, and the hidden side of the activity of complementary to the work of the political and military, Intelligence. "What is the victory that looked to him now President? " and they add that "the democratic form in the Middle East has evaporated, if stability is? " and by virtue of the importance of political veterans and workers in the American state bodies on the follow-up to the region, they extract the truth "that stability in Iraq is no longer separate from the solutions elsewhere in the region. and after the end of 2003 is the substantial presence of the "foreigners" in Iraq. a link to developments in the Iraqi arena of the issues of Palestine and Lebanon. and even Afghanistan. Therefore, the prevailing belief on the part of the multinational American intelligence agencies overseen by former Ambassador John Negroponte in Iraq. is that the "victory" they wanted President will not be achieved by military force, and every Iraqi cities and neighborhoods, according to field commanders in Ramadi, Fallujah and Baghdad. , headed by General Casey, "The site or district that will be cleared today, back him all the phenomena that targeted American forces and Iraqi immediately evacuated the area. "

Robert Gates, believes that "the momentum of the movement in front of the American military presence is not only military factors, but there are other factors, in addition to support for the rebels and the neighboring powers, and sectarian and the issue in post-conflict Iraq than in Vietnam, the first time overlap political positions and the national and religious factors all together against the invasion of Iraq. "

And a number of European who were here, in Iraq, Lebanon, Syria, Algeria, Egypt and Aden, they know very well, the meaning of these factors, that had not been defined in previous molestation, such as offering sectarian present, Although the religious dimension was based in Algeria are clear, and to the extent that the debt is now in the Algerian national identity in the fighting against the French. But the giant Iranian side and the giant of the Afghan resistance, two Asthoudra in circumstances and a variety of reasons, Bata force beyond the capacity of hotels by Asthoudrohma.

And because the reason the backlog of the former empire, which was never absent from the sun party in the equation, the Tony Blair, which began formal contacts with the Syrians and the Iranians and the rest of the region. the way to Pakistan, aware that time is not in the interest of the survival of the American-British presence more time in Iraq. without the provision of appropriate frameworks to him, it is moving towards the Palestinian issue and the issue of the Golan Heights and the formation of the authority in Lebanon. Besides trying to accommodate the aspirations of Iran in its nuclear project and its role in the Middle, in light of the marked decline of the strong traditional Tuartht vacuum left by the "clarification of the 1950s and what followed."

So, observers who know that President Bush in his quest for circulation with the Iraqi prime minister next Wednesday in Amman. seek opportunities to the authentication of the draft Blair in the creation of a Syrian-Iranian understanding about the security of Iraqi hand, and on the other hand, the American President wants to stress to the owners that he "will be open noon since it is moving forward in achieving its program, stone, which began remarkably after returning from Ankara. with the need to provide genuine components to enhance the capabilities of the Iraqi armed forces. not only in terms of armament, communications, , but also through the use of military expertise, which was disrupted by Bremer. turning to the activities detrimental to the Americans, and should now according to the prevailing view after the fall of Rumsfeld and assimilated their inclusion in the Iraqi state.

The important thing is that the timing of Blair's visit to the region which will head to Damascus in the third week of next month, preceded by Bush in going to Amman next Wednesday, and in the capital is the Hashemite heard from King Abdullah lot about the director of the region's crisis and the crisis of rulers and the crisis with the Republican Party and American voters crisis with the British Labor Party and the same with voters and the Socialists-communists.

Objectively, said Iranian political expert close to the circles of power in Tehran. that "tsunami Democrats," help to convince Bush to work for the future of his party, , which is dealing with Bush, the father is clearly recently, and even before the results of the elections, which he knew well, according to what he told of the "file Press," an employee at his residence being currently the spotlight.

Perhaps awareness of the nature of the Iranian variables and deploying strategic opportunities are behind the visit of the Iranian ambassador in Baghdad, to Vice President Tariq Al-Hashmi yesterday and invited to visit Tehran, with the confirmation of the many details on the approach to the Iranian authority not to offend segments of the Iraqi people, and is the same proposal, which had been leading the Iranian President Mahmoud Ahmad Njadi in Mahathfth Saudi monarch, King Abdullah.

And when reviewing everything said three senior American officials of the Israeli Prime Minister Olmert during his recent visit to Washington. David Satterfield official Iraqi affairs in the State Department, and Gee. De. C. Ungrej Deputy National Security Adviser, Rice, assistant for Near East Affairs David Welch, Olmert, who showed the intensity of concern clearly intended in the follow-up preparations Blair visit to Damascus, The American position in view of the fact that this visit is key to many crossroads leading to many important solutions, and relations with Iran. And is says British diplomats in Baghdad, speaking to the "file Press" that Blair adviser Nigel Sainold is also among the Israeli ambassador to Britain on the extent of reliance Round Blair expected in the opening pages understanding and understanding with the region.

And inasmuch as it seems that "the fire of Iraq," which far exceeded fire Cairo in 1952, which led to important changes, the Blair and Bush with him. and more pressing Europe, led by France, Germany, Italy and Spain uprising, they want an era of peace with the old Orient.

And wonder thinkers Iraqi overloaded years in prison in Iraq since the sixties of the last century. and not escape arrest in July 1979 in Baghdad. and executed most of the detainees were like, whether the expanded forces of the Iraqi awareness of the strategic move Iranian balanced despite the belief of some of his rhetoric. and work on controlling harmony allied Iraqi forces, both bloc in the coalition, or block consensus. individually and within themselves. and both together, and the rest of the political blocs in the formulation of dealing concert with the Americans. in order to complete the requirements to enable the new equation, which seeks Blair for elaboration, to be "a road map of middle-aged adults, and young in the coming era of change in the region. that will be at the same time major step in ousting Iraq from the ordeal? "

some interesting points to ponder...

Originally Posted by CharmedPiper

Cabinet decisions / press statement

(Voice of Iraq) - 11-23-2006
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Press statement

Thursday, 23 / 11 / 2006

The official spokesman of the Iraqi government to Dr. Skinner that the Cabinet had decided at its regular sixth session, held today, Thursday, dated 23 / 11 / 2006 including :

1. Approval of the formation of a committee headed by Minister of Communications and Minister of Finance and Planning and a representative of the prime minister, to determine the best formula for the licensing of mobile phone companies in Iraq through public bidding.

2. The cabinet agreed to support and document the International Covenant and the follow-up work to mobilize international support to ensure the success of the initiative and launch the Covenant in order to serve the national vision in the Iraqi political and economic reform and security.
3. Approval of the draft law to combat the smuggling of oil derivatives.

4. Approval of the re-Almerqanh their chains all students for the academic year 2005 / 2006 for the preliminary studies and higher (mornings and evenings). the seminar seats except Almerqanh their chains because of fraud and disciplinary sanctions.

5. Amending the law on retirement and social security for workers No. 39 of 1071.

6. Amend the payment of social security contributions No. 31 of 1978.

7. Approval of the increase in the wages of local employees working in the Iraqi missions abroad.

8. Approval of the draft tax law reconstructing Iraq extension of the force.

9. The approval of the draft Law on the Ministry of Youth and Sports to make connection with the observation of the Iraqi National Olympic Committee and the Ministry of Youth Sports at Enactment of the Committee.

10. Approval of the transfer of Iraqi use of school in London by the Ministry of Education to the Ministry of Foreign Affairs. and the Ministry of Finance to allocate an appropriate amount for the purchase of a building for use Iraqi teacher in London with furnishing.

11. The formation of a committee headed by Minister of Agriculture and the membership of a representative of the Finance and the prime minister, to study the damage in the rice crop due to lightning and frost in the Ghammas, in the province of Diwaniyah.

12. The extension of service of staff for a period of one year and for one time.

HOW ABOUT A BIG OLE' WOOOOOOOOOOOOOOT FOR PROGRESS FINALLY!!!!

5., 6., 7., and 8. all relate to the increase in the rate of the dinar also from previous articles ive read.