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

The resignation of the Vice-Talabani in the Patriotic Union of Kurdistan

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The Deputy Secretary-General of the Patriotic Union of Kurdistan led by Iraqi President Jalal Talabani, today, Tuesday, resign from the Union in order to "devote more time for Cultural Affairs."
The France-Presse that Emad Ahmed, a member of the political bureau of the Patriotic Union of Kurdistan said that "Noshiroan Deputy Secretary General Mostafa Jalal Talabani, submitted his resignation to concentrate for Cultural Affairs and the construction of a cultural center Kurdish media."
He added, "was approved on the request for resignation."
Mustafa was born in Sulaymaniyah, one of the founders of the Patriotic Union of Kurdistan, the mid-1970s. It is also one of those who planned the uprising of March 1991.
After the fall of the Iraqi regime in 2003, Talabani has become the representative of the Iraqi Governing Council.

Translated version of http://www.araahurra.com/index.asp

Economic : new decline in the dollar exchange rate in the daily auction of the Central Bank of Iraq

Record demand for the American dollar in the auction, the daily number "817" given by the Central Bank of Iraq Ankhvadhajdida in the rate of exchange amounted to "1431" dinars to the dollar.
The source said the bank has 2 dinars to the dollar value of the two expected at the same time continuing decline in demand for the American currency with the direction of the Iraqi Central, which raise the value of the Iraqi dinar at the expense of the dollar.

The source added that the number of banks participating in the auction, "the three" banks, pointing out that quantity sold by the bank amounted to "7.000.000" seven millions of dollars, while the quantity purchased by the bank "1.000.000" million.
In regard to the sale price of remittances abroad source explained that the sale price of remittances abroad amounted to "1431" dinars to the dollar, pointing out that the continuation of a decline in demand for the dollar was the result of the continuation of the bank sold through the auction daily Holat Khazineh Mekdaali that the bank announced its willingness to buy dollars from the Iraqi banks.
He added that the monetary policy set by the World Bank for three Snot, which included the opening of the daily auction for the sale of the bank aimed to raise the dollar value of the Iraqi dinar against other currencies and the reduction of inflation phenomenon that swept the Iraqi economy since fifteen years as a result of inaccurate policy of the former regime
Translated version of http://www.newsabah.com/paper.php?name=News&file=categories&op=newindex&ca tid=20

Originally Posted by $onedaysoon$

Economic : new decline in the dollar exchange rate in the daily auction of the Central Bank of Iraq

Record demand for the American dollar in the auction, the daily number "817" given by the Central Bank of Iraq Ankhvadhajdida in the rate of exchange amounted to "1431" dinars to the dollar.
The source said the bank has 2 dinars to the dollar value of the two expected at the same time continuing decline in demand for the American currency with the direction of the Iraqi Central, which raise the value of the Iraqi dinar at the expense of the dollar.

The source added that the number of banks participating in the auction, "the three" banks, pointing out that quantity sold by the bank amounted to "7.000.000" seven millions of dollars, while the quantity purchased by the bank "1.000.000" million.
In regard to the sale price of remittances abroad source explained that the sale price of remittances abroad amounted to "1431" dinars to the dollar, pointing out that the continuation of a decline in demand for the dollar was the result of the continuation of the bank sold through the auction daily Holat Khazineh Mekdaali that the bank announced its willingness to buy dollars from the Iraqi banks.
He added that the monetary policy set by the World Bank for three Snot, which included the opening of the daily auction for the sale of the bank aimed to raise the dollar value of the Iraqi dinar against other currencies and the reduction of inflation phenomenon that swept the Iraqi economy since fifteen years as a result of inaccurate policy of the former regime
Translated version of http://www.newsabah.com/paper.php?name=News&file=categories&op=newindex&ca tid=20

This is BS, we know all of this, Shabibi needs to get off his ass and revalue, he's doing everything in his power but revalue. There is no other option chum.

Economic : "financial" There will be an expanded meeting to discuss ways to develop audit work and achievements

The Ministry of Finance held a lengthy meeting attended by Mr. Jabr Al-Zubaydi statement to the Minister of Finance, Mr. Kamal visual undersecretary of the ministry and gentlemen Directors-General and advisers and a number of officials and workers in the ministry, during the meeting discussed ways to enhance the work of the Ministry of Finance, particularly with regard to the new financial year 2007.
He called Zubaidi During the meeting, all to make further efforts and raise the level of the work of the ministry and adoption of modern methods of administration and management away from the red tape and to facilitate the provision of services to citizens of all the forums and agencies of the Ministry.

The following Directors-General a detailed explanation of the constituencies in the work and achievements during 2006 and the plan approved for the 2007 budget, which will witness great on modern Iraq, which requires the convergence efforts of workers to give the ideal image for the rest of the ministries in the performance of career services and provided with the means of ARC e weapons and trained new elements and coordination between the Ministry of Interior and Defense to secure the roads leading to the ministry.
The Minister stressed the importance of archiving information on the districts of the ministry on CD and kept at places Hasina emphasized the importance of updating information.
The minister instructed Mr. Bervdha Balmlakat specialized engineering graduates from universities in addition to the provision of modern communication devices and has been discussing the work of circles, insurance and advancement in order to achieve the resources to the state treasury.
On the other hand, denied official source at the Ministry of Finance that the tax policy of the newly introduced in the ministry cancels the work of the general taxation.
The source added that the new policy on taxes is a key factor in attracting investment and activate the structural tax system to guarantee payment of voluntary covered without following the methods of collection and appreciation.
He pointed out that the section which had been developed in the economic status of the ministry came to the policy of tax according to the targets set in order to ensure the application of balancing work in 2007.

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

economic: development and the battle of the reconstruction of our country Iraq


Dr. Abdul Zahra Abivari
The process of construction and reconstruction facing the new government, in fact, major battle in terms of form and content. And if the circumstances today require Iraq to undermine the foundations of terrorism by any means, is supposed to direct just the same design and implement a national program of building and reconstruction. It is precisely here that must begin with economic development

Hence, socially terrorism and the terrorists will not succeed. Thus will the government and people of Iraq for his Fara featured high in international forums.

It is calling and encouraging the start seriously an ambitious program of reconstruction and construction, Iraq today has a parliament and an elected government and armed forces are still growing and consolidated its position, and which of the competencies and skills of national enormous confirms the existence of the foundations leadership of this process. If we add to what we mentioned the existence of abundant financial resources, that did not happen to Iraq complained that the days of scarcity, the country would then actually ready to start construction of all procedures and ages ago. Or, more visible begin the process of transforming the Iraqi nation to the most beautiful country in the democratic world. So decent people fought in its entire history to live on the banks happy Ravdeh great. What is it all for the nettle existing government. I daresay that the time had come for political parties entities and individuals, as is the case with civil society institutions and institutions of the State itself to take the initiative to formulate its part of the economic program to draw a unified national priorities that will meet the goals with the word "entire nation to nation-building.

Above all, The process of building and construction in which we are, We also believe, must be settling on a program aimed at overall economic development. Since the matter should also, no doubt, identify key things must be based upon the program. Due to global conditions and the state of administering Iraq, which have no counterpart in another country, requires basic principles into account in our view should not be ignored. And to remember the following :

1. The private sector as an effective factor in the success of all aspects of economic and social development. What the State must not only consolidate positions in this sector, commercial markets and the strengthening of the Interior, but its positions in the international economic areas. Then give him part of the task of building and construction and national economic development in general.
2. State retaining ownership of natural resources in the country as well as the management of some institutions strategic outlook major ports, airports and railways in order to ensure permanent financial source for its treasury to be able to spending on reconstruction projects and development programs as well as the impact on the local markets and to ensure stability the ability to provide economic incentives for the productive sectors all.
3. Considering the success of development and the general welfare in the country must be based on local production and the use of modern technology and rely primarily on the size of the national science and skills.
4. Linking the national economy with the global markets personal stabilize Iraq through the principle of cooperation, integration and mutual benefit with other nations.

Translated version of http://www.alsabaah.com/

Originally Posted by day dreamer

Hi all, another late night update, just got in a while ago from Beaumont, Texas where I picked up my order of 1 million dinars. And ordered another $500,000.
I had ordered a mix of bills, but they all came in new 25,000 notes.
I did ask the teller if the dinars were coming from New York branch, she said probably Houston, looked at the paper work and said I guess they are coming form New York.
After I got my million dinar, and ordered another 500,000
I then said by the way, when I come to cash in do I have to wait for the authenticity of the dinars????????????She said NO!!!!!!!!
She said when you come in you hand them to us and we hand you back in us dollar amount right then
Don't forget I had just picked up 1 million dinars and ordered another 500,000
So I don't see we'll have any trouble getting our money from the banks
Although we'll probably be hit pretty hard by managers to get us to open accounts with them which I won't mind at all

I got the same response from the Chase in my area. They said it is treated just like cash, you hand them cash in Dinars and they had you cash in US$!

Happy Happy Happy!
D.

I was looking over the fundamental announcments due out for tomorrows forex trading and noticed something new.

They have a 10:00am (cst) announcment to be announced and it is the "USD Iraq Study Group Report" I have not seen one of these before so who knows what is going to happen now. But I bet we are very VERY close to our dreams....

Economic : economic development and the battle of the reconstruction of our country Iraq

The process of construction and reconstruction facing the new government, in fact, major battle in terms of form and content. And if the circumstances today require Iraq to undermine the foundations of terrorism by any means, is supposed to direct just the same design and implement a national program of building and reconstruction. It is precisely here that must begin with economic development

Hence, socially terrorism and the terrorists will not succeed. Thus will the government and people of Iraq for his Fara featured high in international forums.
It is calling and encouraging the start seriously an ambitious program of reconstruction and construction, Iraq today has a parliament and an elected government and armed forces are still growing and consolidated its position, and which of the competencies and skills of national enormous confirms the existence of the foundations leadership of this process. If we add to what we mentioned the existence of abundant financial resources, that did not happen to Iraq complained that the days of scarcity, the country would then actually ready to start construction of all procedures and ages ago. Or, more visible begin the process of transforming the Iraqi nation to the most beautiful country in the democratic world. So decent people fought in its entire history to live on the banks happy Ravdeh great. What is it all for the nettle existing government..I daresay that the time had come for political parties entities and individuals, as is the case with civil society institutions and institutions of the State itself to take the initiative to formulate its part of the economic program to draw a unified national priorities that will meet the goals with the word "entire nation to nation-building.
Above all, The process of building and construction in which we are, We also believe, must be settling on a program aimed at overall economic development. Since the matter should also, no doubt, identify key things must be based Due to global conditions and the state of administering Iraq, which have no counterpart in another country, requires basic principles into account in our view should not be ignored. And to remember the following :
1.1. The private sector as an effective factor in the success of all aspects of economic and social development. What the State must not only consolidate positions in this sector, commercial markets and the strengthening of the Interior, but its positions in the international economic areas. ثم تحميله جانبا من مهمة Then give him part of the task of building and construction and national economic development in general.
2.2. State retaining ownership of natural resources in the country as well as the management of some institutions strategic outlook major ports, airports and railways in order to ensure permanent financial source for its treasury to be able to spending on reconstruction projects and development programs as well as the impact on the local markets and to ensure stability the ability to provide economic incentives for the productive sectors all.
3.3. Considering the success of development and the general welfare in the country must be based on local production and the use of modern technology and rely primarily on the size of the national science and skills.
4. Linking the national economy with the global markets personal stabilize Iraq through the principle of cooperation, integration and mutual benefit with other nations.
Translated version of http://www.alsabaah.com/

Originally Posted by Jola

Maaan, you just burst my bubble!!

That's all right.
I thought I have something. Thanks for correcting me.

I believe they already had the network setup for whatever equipment they chose to plug into it. It would be discouraging if they just decided to dig the first trench for the electrical cables, but I think there may have been a little more forward thinking going on for this process. I know, my focus over the last three years has been one, but their unable to focus on only one aspect of this whole process. Every step that is taken, is being taken with the next step in mind. It would be mind boggling to know all the other decisions that had to be made to get us to this point. I'm sure there are many that haven't been published, but this one establishes the workings of an economy that is being geared to come into the 21st century all in one fell swoop. For those of you not from Oklahoma, that means "all at once". My patience is wearing thin also, but a few posts back, the statement was made about them taking more dinar out of circulation and the more they took out, the more valuable the dinar is that I'm holding...and that's encouraging. Merry Christmas!

the opening of a branch of the International Center for the Iraqi economy in Tehran

من معطيات الملتقى الاقتصادي العراقي ـ الايرانيData from the Iraqi Iranian Economic Forum
طهران ـ موفد الصباحTehran envoy morning
The economic forum between businessmen and traders Iranians and Iraqis on the good results through closer economic cooperation relations between the two neighboring countries.
في هذه الاثناءIn the meantime,

It advised the visit organized by the Iraqi economy, international cooperation with the Chamber of Industry and Trade of Eastern Azerbaijan in Tabriz and on the sidelines of the forum were the opening of a branch of the International Center for the Iraqi economy in Tehran.
A formal ceremony attended by the Secretary General of the Iraqi economy, international centers and a number of delegations and the southern provinces were the words praised Yuehua enjoyed by the Islamic Republic of Iran. The selection of Mr. Yassin Abdel Karim director of the branch, Mr. Raad Abbas Khashlok Deputy Director, The Secretary-General of the status of the Iraqi economy, international extradition Shield Center to the Deputy Director of the Center in Tehran.
In an interview with the (morning), Deputy Director of the Iraqi economy in the International Tehran Khashlok Mr. Raad Abbas, who affirmed that a great opportunity for businessmen and traders in a protected status in Iran to hold contacts with major Iranian companies and contract deals work and the signing of protocols of cooperation. He added that this status is important it will be extremely providing all required facilities needed by businessmen and traders Iraqis who visit the cities of Tehran and other Islamic Republic of Iran, where will their various services. He said : The center will hold bilateral talks between the ages of the two countries and traders, and contributes to the selection of companies certified and approved in Iran. especially official with the aim of ensuring the rights of businessmen and merchants Iraqis. Khashlok also said : Businessmen and traders Iraqis will find all facilities provided by the Center branch in Tehran and develop programs visits viewing and organizing meetings with the major Iranian companies. Among other services provided by the obstacles that have faced businessmen Iraqis in the area of providing adequate housing and Allg e and the Internet, communications and resolve any problems in the area of trade dealings. He explained that the center would register businessmen, traders and major Iranian companies as members of the center would have priority in the area of employment contracts for the reconstruction and trade. Rad - that a number of businessmen, traders and Lovo d official from the southern governorates made contacts with the Branch Center in Tehran to facilitate the tasks of the conclusion of contracts and attract Iranian investments there. He confirmed the existence of a genuine desire for Iranian companies to contribute to the campaigns of the reconstruction of Iraq, especially in the southern governorates, which enjoy a good security and good investment environment. Deputy Director of the Center for only branch Bolivia Iraqi international in Tehran pointed to the need to take advantage of the new investment law which made it easier for the private sector contracts and contacts in the field of a partnership with the global investment companies.

Translated version of http://www.alsabaah.com/