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

[QUOTE=CharmedPiper;144241][QUOTE=Caviar Dreams;144232]

Because when it is released on the WORLD MARKET the world market opens first in Australia on Sundays (the opening of the foreign exchange)...

It's been released on the world market since Oct 15th, 2003. There's just not a FOREX market that will touch it at this time (to volatile). I can't see the Aussie Forex opening at a better rate than what the CBI has already auctioned at for the day.

tooooo quite round here!!!



so here ya go!!!


The Central Bank adopted a new monetary policy to curb the phenomenon of inflation 12/3/2006

Dr. Sinan Shabibi governor of the Central Bank of Iraq that one of the causes of inflation in Iraq Eaudali increase cash in circulation, which has driven the bank to a new monetary policy aimed at improving the dollar's exchange rate towards reducing its price several points in the auction, organized by the Central Bank for daily Cji p on the demand for buying the dollar in order to withdraw money from circulation.
The Shabibi during a meeting at the headquarters of the World, It was attended by the Directors-General and officials of private banks, He dedicated for circulation in the monetary policy and the means of cooperation between the Central Bank and All banks, that goal of the Central Bank is currently limited in the fight against inflation, which amounted to about 76% and reduce the height, through the provision of better conditions for economic development and improving the performance of the banking sector and provide stability.
On the other hand, the banking source said that the meeting dealt with numerous topics, the most important of the new policy by the Central Bank which, in addition to the daily reduction of the dollar rate of exchange, an increase in the interest rate paid to banks to invest night at the Central Bank, which amount to 15% for 14 days, and 16% for one month, as well as remittances auction organized by the World Bank.
He pointed out that he also discussed with the issue of coordination with the World Bank and the Iraqi Ministry of Finance to make the correlation government banks like Central Bank sinks eligibility so as not to exceed their ministry and the administrative side only for the purpose of the ease of application of monetary policy set by the Central Bank. He noted the source conferees to note the existence of some private banks faltering what impact negatively on the rest of the banks and the payment of the Central Bank to direct governmental banks to give 10% of the appropriations have on the implementation of reconstruction programs in Iraq to the eligibility of these banks to improve their performance level.
He emphasized that a policy of the Central Bank to increase the interest rate on the investment and remittances daily auction encouraged private banks to raise interest rates on deposits of citizens to have the highest rates of interest paid by the government banks to reduce the gap between the interest rates paid by the Central Bank and the interest paid by a banks and achieve a kind of reassuring to the citizens, This will lead to increase in the volume of deposits in banks and the Central Bank Aidha for investment purposes and to participate in the auction money and thus reduce the amount of money in circulation, which helps to reduce the rate of inflation.

Translated version of http://www.newsabah.com/paper.php?name=News&file=categories&op=newindex&ca tid=20

Talabani : we are an independent state and have the best deputies in the region need for international conference

2006-12-03 10:02:06 PM2006-12-03 10:02:06 PM



--------------------------------------------------------------------------------

Talabani rejected today, Sunday, the call for an international conference, saying during a press conference with the Chairman of the Armed Forces Committee in the House, "Christopher Chaez a political process is under way and there is the House of Representatives is the best in the region and we have become a sovereign and independent State and we will decide the fate of the country."

ÇáØÇáÈÇäí: äÍä ÏæáÉ ãÓÊÞáÉ æäãÊáß ÇÝÖá ãÌáÓ äæÇÈ ÈÇáãäØÞÉ æáÇ äÍÊÇÌ áãÄÊãÑ Ïæáí

Bush will meet today Hakim and the Pentagon provide a spectrum of solutions and Nikroponti confirms that the stability hands of the Iraqis
بغداد - الصباحBaghdad-Sabah
Management is still considering the White House to find a way out of Iraq crisis, including help to not give losses and major concessions. Apart from the support for Prime Minister Nuri al-Maliki as a leader for this stage

Described by President Bush have revealed American media outlets that the committee chaired by the Chief of Staff at the Pentagon, General Pace provided a spectrum of options, It is not as recommendations of the Commission Baker, One of these options is the so-called option impulsiveness and exit, With the United States denied the authenticity of the information published yesterday, the first attributed to the senior officials that the administration of President Bush delineating new priorities based on the changing alliances with Iraqi groups to meet Bush in Washington today, Mr. Abdel Aziz al-Hakim, head of the Supreme Council for Islamic Revolution in the hope that he would meet with Deputy Prime public Yeh Tariq Al-Hashmi in the next month. And the Bush administration is trying to dispel the fears of these two meetings of the group it supports at the expense of others and said : In saying this would weaken the efforts in national reconciliation.
الاندفاع والخروجRush and exit
The rush and exit plan proposed by the Chairman of the Joint Chiefs of Staff at the Pentagon, General Peter Pace at the top of a group of 12 military leader strengthening American forces by twenty thousand soldiers, in addition to 14 thousand Mujudha in Baghdad.
The Standard newspaper said the American-translation - in the morning yesterday : the Panel believes that a military conflict enthusiasm six months may be able to quench the violence in Baghdad. with the possibility that the rush would continue for another six months.
This means, according to the working assumptions that the forces Almerceh position after winning the war, It can be planned out.
The newspaper says : The recommendations of the Commission which, it was hoped, Baker put on the 6th of this month, which recommends opening the door to dialogue with Iran and Syria on the Iraqi issue facing objections in Baghdad and outside Washington, pointing out that President Bush's administration has declared its willingness to consider increasing the size of the American forces. The national security adviser Stephen Hadley stressed the need to fill the vacuum and support the four brigades in Baghdad. She said : that the Pentagon would provide that rush of troops is necessary to stop the defeat. The biggest rush better brakes smaller, The long drive better than short-term.
مزيد من المشاوراتFurther consultations
It seems that the White House did not stop after the final choice when, as the Pace plan after weeks of talking about the Baker plan, which recommends a regional and international effort, particularly the involvement of both Iran and Syria to establish peace in Iraq and in this context called Bush yesterday to greater convergence between the Republican and Democratic parties and to listen to all advice before taking a decision on the strategic America in Iraq and said : he would prefer further consultations and consensus with the opponents of the political process within Iraq and has said more than once and this Observers believe that with its tolerance of Mr. Abdul-Aziz al-Hakim, in Washington today rests on this axis.
According to the New York Times yesterday in its American translation - Sabah : Bush tried to expand the circle of political support for Prime Minister Al-Maliki, and could Mr. Hakim and Mr. Tariq Al-Hashmi, who was supposed to meet with Bush next month to provide substantial support to the owners, especially in the framework of his plan to eliminate the militias and that Bush is trying to increase its stakes and benefit from the relationship with Iran to the wise arrangement of the files Iraqis and the Iranians.
It is believed observers speculate that Mr. Hakim, oppose international intervention in the issue of Iraq and the rejection of his eminence in Amman before heading to Washington yesterday to invite the Secretary-General of the United Nations Kofi Annan to convene an international conference on Iraq. He said : The solution to the Iraqi issue must be in Baghdad.
الاستقرار بيد العراقيينStability, however, the Iraqis
It said Tkroponti director of the American intelligence agency : The stability of Iraq towards building a democratic leaders comes from the Iraqis themselves. He said : they would not be able to chart a successful globally unless sought to resolve their differences and reach a compromise on the important issues and commitment to the authority of the State on a whole range of political and security challenges, economic, He pointed out that the sectarian violence has supported autonomy over the challenge of destabilizing the country.
The American administration faced accusations that it pro-Iraqi groups to varying degrees, which led to deepen the differences and not solved, The accusations refer to an attempt by American Ambassador Zalmay Khalilzad support (year), However, The Washington Post newspaper quoted senior American officials as saying : that will change the priorities of the American administration support (the Shiites and the Kurds). He denied Tom Casey, spokesman for the State Department yesterday validity of this information. He said in statements to the media : Any talk alleges that the United States of America decided to support a party or one particular in Iraq or that it abandon its efforts on the part of the promotion of national reconciliation wide incorrect, He said : The American government remained committed to the support of the political process to all Iraqi groups.
Translated version of http://www.alsabaah.com/

Originally Posted by $onedaysoon$

Talabani : we are an independent state and have the best deputies in the region need for international conference

2006-12-03 10:02:06 PM2006-12-03 10:02:06 PM



--------------------------------------------------------------------------------

Talabani rejected today, Sunday, the call for an international conference, saying during a press conference with the Chairman of the Armed Forces Committee in the House, "Christopher Chaez a political process is under way and there is the House of Representatives is the best in the region and we have become a sovereign and independent State and we will decide the fate of the country."

ÇáØÇáÈÇäí: äÍä ÏæáÉ ãÓÊÞáÉ æäãÊáß ÇÝÖá ãÌáÓ äæÇÈ ÈÇáãäØÞÉ æáÇ äÍÊÇÌ áãÄÊãÑ Ïæáí

Well, I quess this will kick them into high gear!! If they don't want the other countries meddeling then then they really need to get it together....FAST!

Despite the security and economic circumstances
بغداد ـ عماد الامارةBaghdad Imad Principality
Witnessed (markets valuables) is widely accepted by the citizens. The reason for the economic changes, which led to an increase in cash to a large number of Iraqi families and the presence of distinguished female element in the trade in order to meet the desire of diversification and retain valuable assets instead of cash, which is subject to many risks,

Many sources valuables Some of the buying (gold jewelry) and the other retained assets at high prices which specializes in (precious), debentures, and today is witnessing many of the markets in Baghdad. such Kazimiya, Karadah, hung, Mansour, the phenomenon of multiple shops (Althviat and Kristallnacht), if strictly defining tracks boom time for such commodities believe that the duration of the (2003) (2004) witnessed a climb significantly in the business of selling and buying Althviat and Kristallnacht. During a field tour by the (morning) we trader Althviat (the merciful), which told us on trade, saying : characterized by trade (Althviat) diversity comes (Kristallnacht Stone) in the forefront of those types is the better in the world and the advantage of high prices and dealing with certain class of high-income visitors in Iraq and foreign tourism, the advantage (Kristallnacht Stone) multiple colors, including blue, White, merchant (compassionate) pointed out that the original source for the manufacture of Kristallnacht Stone is a Aljic The reasons for the rise in the prices of these species to the fact that this industry is working according to the method of work, manual work is needed to be tired a long period of time, in addition to the high prices of the raw materials used in industry and (Pb, Gilding) any use liquid gold, in addition to the hand-drilling and this work needs to skilled labor specializes in high wages compared to the remuneration of other professions.
نجد انMerchant (the merciful) added that the public demand to buy (Althviat) and retention, because it is the wealth of the citizens and merchants together. Both can be sold when needed without fear of the falling prices or lower after Agyamha (limitation of time) but on the contrary, we find that
Many Althviat increase their prices after a long period of time and are curios. in addition to being a civilized world that reflects the inclinations of the country's cultural and artistic together. Another factor that encourages the promotion of this trade is that prices (Althviat) in the Iraqi market is cheaper and less expensive than its counterparts in neighboring states, containing Trade (Althviat) on the ordinary kind, which is called locally in the market (addressed), which is less expensive than Kristallnacht Stone merchant (compassionate) pointed to the important theme of art in the soil (Ramadi), which contains the raw materials (glass) in the case of investing in precious industrially we get a lot of acquisitions Althvih, witness the lab (Ramadi) of the glass, which can produce goods of quality glasswork and the unfortunate happened is a gray lab stopped production for many years ago, thus lost a great opportunity that could have been invested in acquisitions to obtain valuable match foreign products.
Translated version of http://www.alsabaah.com/

might have been posted already

_______________________________________
the call for the establishment of a national high of the economy

لصباحBaghdad-Sabah
هذاMontasser called the Principality, Chairman of the Federation of Iraqi parliamentarians, economic Azvalljenh in the previous National Assembly, government to : (creation and the establishment of a national high of the Iraqi economy). He said in a press statement : (This

The Council must be the highest decision in the economic aspect that the Iraqi experience and expertise includes specialized of all Iraqi blocs and political movements and independents). He added : (must direct this project as soon as possible, to be with the Center for Studies of this strategy of specialists and technocrats, university professors and economic experts, whatever their views, the planning and counseling him). And between the Principality : (The deterioration of the Iraqi economy and the negative phenomena that have occurred in it due to the lack of centralized economic decision).
He explained : "Iraq is losing all its present economic climate of health." The Principality : "The Iraqi economy, relying almost entirely on oil. This means that the economy has no clear methodology, but more than that, it depends on a chaotic, there is no free economy is not oriented economy is not, The reason for the economic problems due to this reason, in the President. " And : (The reason for reluctance to enter foreign investors back to Iraq for the same reasons and not for the reason of security, as some have claimed that many of the regions of Iraq are totally safe, however, has not lead investor). He called the Principality : (that includes experts from the ministries concerned with this subject. oil, electricity, industry and others. to be able to draw plans ambitious strategy for the advancement of vital life circles). He said : (The Iraqi economy has the expertise and competencies that qualify for the advancement of the fact crumbling But what is lacking in this area is good governance and bold decision). He explained : (these two points that fall within the jurisdiction of the Supreme National Council of the Iraqi economy, it carries a realistic and clear approach to the management of economic resources, as well as being an administrative center active and important role in economic decision-making). The Principality : (ideal policy to attract foreign capital to Iraq, the presence of catalysts higher than normal level of attractions found in other countries. The most important of these catalysts stable economic policy, because foreign investors will not risk investing in Iraq if there is no stability in the Iraqi economy).
Translated version of http://www.alsabaah.com/

The devaluation of the dollar against the Iraqi dinar due to the low interest rate
المصدر: الزوراء Source : Zawra
03 / 12 / 06
NDP member of the Iraqi Institute for Development and the development of the economy Taha Fakhri recent decline in the value of the dollar against the Iraqi dinar to the lower interest rate.
Fakhri said in a press statement that the "low interest rates is the main reason for the slight decline that has occurred on the dollar in government auctions and commercial transactions."
He pointed out that "this decline is also not demand consumers on imported goods due to the deteriorating security situation, , which urges the state to finance some deals mission. "

Translated version of http://www.alzawraa.net/home/index.php?option=com_content&task=view&id=4880&Ite mid=73

Foreign investment. بين الحاجة والحذر (1-3)Between the need caution and (3 - 1)
المصدر: المدى Source : long
03 / 12 / 06
Issues of foreign direct investments and indirect bulk of the attention from a lot of specialists, businessmen and governments of developing and developed countries alike for more than half a century. Although the focus of controversy in this case about the feasibility of this type of investment from the point of view of developing countries through a number of the main issues. ..Motivation of foreign investments and their determinants and economic feasibility and social policies adopted by the foreign investments and methods of systems and management, practice and implementation of the functional activities of foreign investors. And others, The studies and research on the benefits of economic, social and political development that could have a host of behind attracting foreign investments depends to a large extent on the policy for these investments and the motives and practices of foreign companies.
Host countries interested in foreign investments in terms of their implications, as well as the various sources of foreign investment also concerned by the effects of the corporations that these companies are investing abroad and the States generally resort to opening the doors of foreign investment to get the required funding from external sources when pw presentation of inadequate domestic sources voluntary and compulsory to meet the needs of their investment and the returns here is a profit, which is expected to obtain investor in the future for funds, which paid for the acquisition of an investment. The risk is the uncertainty surrounding the prospects achieved or not achieved the projected return on investment and cash flow takes many forms abroad, including :
- Flows and funding institutions and international organizations.
- Grants and aid from foreign countries.
- Foreign direct investment and indirect from individuals, companies and organizations and foreign funds.
That history is witness to the sincerity of the flow of funds in the past for many of the countries that are now rich nations, foreign funds have been flowing to the United States of America throughout cent and twenty-five years following independence, well for Canada, Australia and New Zealand, they were able to invest these cash flows and dividend yield exceeded the expectations of investors, the Europeans themselves. However, the picture is different for many of the developing countries at the present time, while unable to pay off its obligations and conditions worsened and worsened until the debts exceeded the hundreds of billions of dollars.
الاسس النظرية للاستثمار الاجنبي:The theoretical bases for foreign investment :
Based theoretical underpinnings for foreign investment on the contradictory opinions on the subject of foreign investment and the benefits or disadvantages in developing countries.
:My first view is that there are advantages of foreign investment in the developing country are concentrated in the benefits of the value added to national income directly and the balance of payments in an indirect on the value added to national income, The resulting from direct foreign investment, it paid by the company to contribute (domestic + foreign), and is usually achieved through the proportional distribution of the output of the company as follows :
-رواتب واجور العمالة المحلية 30%- Salaries and wages of local employment 30%
-رواتب العمالة الاجنبية 15%The salaries of foreign workers-15%
-الضرائب المباشرة 30%- Direct taxes 30%
-الارباح بعد الضرائب 15%After-tax profits 15%
-الاهتلاكات 10%- Alahtlakat 10%
The sense that there is value added directly acquired national income of a developing country, a total salaries and wages and taxes, This fact does not need to prove to the contribution of foreign investment in a developing country and here it must be noted that as a developing country of its share of financial shares in the company with capital of more local share of the revenues. This is in addition to the bargaining wise to divide profits and rates of outward abroad would enhance the base of the national income. Moreover, the intensity of resource use local economic activity in the company's contribution would enhance national income and, indirectly, by reducing the imported machinery and machinery and knowledge grounds that the proceeds are deducted from the national income, as it is known in classical economic theory through equation the following :
Y=C+I+X-MY=C+I+X-M
As all the decline in imports M) lead to a corresponding increase in the national income (Y particularly if the economic activity of foreign investors enter in the door industries or export goods, any increase in exports lead to a similar increase in the national income, But on the other hand if all the outputs of the economic activity of the foreign investor is not equivalent to the cost opportunity for local employment, the foreign investment does not become feasible as well as in the case of the local labor force, which is the key foundation to uncover the facts about the effects of foreign investment on the economies of developing countries and justify this assertion that the share return of capital and profit is, in fact, cut off parts of the surplus value up to the non-productive, Therefore, any share received by the foreign investor's capital from the value-added of whatever size is a mere transfer of resources to developing country abroad under the guise of sharing of resources despite the unequal phenomenon, which refers to a foreign investor introduction of the means of production including many skilled knowledge artistic Works, considering that the resources within a developing country and give the equivalent size of the local resources within the foreign investor's share of the added value.
The essential difference between these two views can be in foreign investment (and regardless of the extent of increasing the value added to national income) means the possession of the economic resources of the rights of ownership to the country where the investment.
The authors opinion the second set disadvantages associated with foreign investment, including :
1-deliberately the foreign investment within the company contributing to guide production and pricing in accordance with their investment.
2-negotiated from time to time with the aim of ousting the host profits and other resources conform to the interests of foreign investors.
3-deepening dependence of the host countries to the State of origin of foreign investors and the consequent negative effects on the local market and the subordination of the new world order.
4-Four-try foreign investors often devote single economy of a developing country.

Translated version of http://www.alzawraa.net/home/index.php?option=com_content&task=view&id=4880&Ite mid=73

Originally Posted by boomcreek

Originally Posted by noodlesdad
Reflections:
My mother is in a nursing home and very happy. I remember that at times when something I had worked hard for and hoped for did not turn out just as I had wanted it to, she would say to me "Good things don't always come easy, hang in there, keep working, and you won't be disappointed.

Also, I think I remember someone here has said that the longer they (CBI) keep doing what they are now doing (reducing the supply of Dinar in circulation) that the higher they will revalue. Anyone else remember this and who may have said this??.... Question: Would I prefer a revalue this morning of .14.....or would I rather WAIT...for Jan or Feb 08 and see 5 or 10 times that amount(.70 or 1.40). I sort of enjoy the thought of $1.40 in Feb.--beyond my wildest dreams!!

Hang in there.

Rom 5:3 - 5:19

ND

I personally am believing for much higher than that, and I don't think we will need to wait until February either.

And February 08 at that according to noodles!! I am sure it was a typo and he meant 07...I could deal with that with no problem.