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  1. #30031
    Senior Investor $onedaysoon$'s Avatar
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    free Kirkuk in Iraq's stability equation

    قيس قره داغيQais Qarah temple
    [email protected][email protected] om
    There is no need for us to stand much analysis of the causes of the deterioration of security in Iraq and the traffic in the gallery reasons that created a real civil war without an official announcement by Suffice it to say that this case and these specifications and the available data on the ground were absent or almost absent from the minds of all analysts and researchers of the Iraqi hinted j institutes


    •work on the application of Article 140 of the normalization of the situation in Kirkuk.where will be the return of the displaced to their homes and resume their work and therefore routine functions,In contrast to the arrivals in accordance with the settlement policy Alyamakn leaving the original formal, peaceful and give them adequate compensation to re-establish themselves in their towns and Mrabahm peoples.

    Translated version of http://www.alsabaah.com/paper.php?source=akbar&mlf=interpage&sid=33185
    Central Bank of Iraq concluded many agreements with the World Bank and the International Monetary Fund and the Paris Club countries, which seeks to restore Aldenarlemkanth (THE DINAR) as it was in previous decades 3/13/2007

  2. #30032
    Senior Member P2Pips's Avatar
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    Quote Originally Posted by kiko View Post
    WebGuy, I expect this one to pass sooner. Don't forget they have a deadline by the IMF on this one till 31/12/2006 and it is the key for the ICI.

    They have to and they know it. They know that everything will be settled by 1/1/2007 the new fiscal year.
    that will be nice and purrfect to toast at it up in the skies by then!


    Pat.

  3. #30033
    Senior Investor Adster's Avatar
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    Quote Originally Posted by kiko View Post
    Exactly Adster!

    They will get it done and for all of the Iraqis and I am glad for all of them, they deserve it after all this poverty and shite.

    We know they don't have the $20 billion to boost that oil sector so they need the big foreign companies and they need the HCL. That is the key to the wealth of the Iraqis.

    I have confidence that they pass this baby in time which is soon!

    Hombre, we are part of history making and we will be millionaires!!

    WWWWWWEEEEAAAHHHHHH!!
    Amen brother.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  4. #30034
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    The way I see it, in redneck terms...

    The CBI is buying back Dinars and selling USD with in country banks...
    It makes sense that everyday they are lowering exchange rate on the buy and sell of IQD, pulling the Dinar out of circulation in country (IRAQ)...

    WHY???

    The CBI will not have to put out the money right away for people holding and exchanging in out of country, the only worries they have in terms of exchanging in will be in country speculators and banks selling back in country to the CBI...
    They already have pulled in 1 trillion that those banks now can not exchange in or sell to the CBI, that in itself when RV'd is a huge chunk...

    Out of country , say the US, when we exchange them in for US $, the banks are not going to send them back to Iraq, they are going to hold them for futures and the sell to future speculators, buy low sell high... There is not much money to be made for the bank who exchanges your Dinar and turns around to sell back to the CBI... As I here way too often on here, banks are in business to make money, actually that is there business...

    Specialist as well as the CBI Gov know they will not see any of us speculators out of country or have to exchange our money in anytime soon if ever if the IQD becomes a publicly traded currency or say converted... They are only worried about the in country speculators and banks and in my own opinion this is why they drop the rate everyday to draw out more in country as cheap as they can before a big jump in value...

    I may be way off, but this is how I see it and why we are seeing what we are right now with the exchange and auctions...

    I might not be well educated, especially since (John Kerry) I have served all of you in Iraq as a (Sgt) in the United States Marine Corps and also served as a (MSG) to the US Embassy in Iraq while ending my 12 year career...

    Please only people with real knowledge correct me if I'm way off or wrong but this is just how I see it...

  5. #30035
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    Quote Originally Posted by Elfwizard View Post
    They are selling the Dinar right back out now, so when I asked about 3 weeks ago where is the proof they were pulling it from circulation? Theres some of your proof. I don't think they were ever PULLING dinar from circulation. The dinar just goes right back out through the back door anyway.
    You are obviously confused...the NET result of the CBI auctions is a removal of dinars from circulation...

  6. #30036
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    Default Kurds and Article 140

    Kurds and Article 140
    05 December 2006 (KurdishMedia)


    Apart from our attitude, that some of us might be with and some against Article 140, we must see the situation and the historical value of this article. In fact, Article 140 is the product of the situation, and the complex political balances in Iraq. Therefore, we should not simplify this issue.

    There are shortcomings in Article 140, but emotions must not lead us, therefore we have to take into account the facts and interests also. The politics is not only black and white. In politics we always need to build balances.

    Unfortunately, today, there are people and intellectual currents in Kurdistan who do not understand and some of them do not want to understand that the politics is not like the thought or ideology, but has special properties. In politics we have to look for things at two levels. In other words, we must look to the present and the future.

    In any case, Article 140 of the Iraqi Constitution indicates how to normalize the situation in the city of Kirkuk and areas contested by the government of Kurdistan and the central government in Baghdad. So far, the Iraqi government is trying to postpone the implementation of Article 140 and the Supreme Committee for the application of this article is facing many obstacles.

    I think we must expect more obstacles by the central government and the Islamic movements and Arab chauvinism, but in the end, the implementation of Article 140 depends on the ability of the Kurdish leadership to create intellectual and popular mobilization and adopt a correct policy towards the application of Article 140.

    History, geography and composition of the population in Kirkuk show a Kurdish identity of this city and all the liberated areas after the fall of the Baathist regime. Therefore, I have no doubt over the recovery of Kirkuk and other areas to the embrace of Kurdistan. Some may ask: Will Article 140 be implemented by late 2007?

    We must try to implement Article 140, but if applied or not, there is a red line for us: not to bargain on one inch of the land of Kurdistan. The world must understand that we will not compromise on Kirkuk and the elimination of the consequences of the policy of Arabization and displacement in Kirkuk and other areas of Kurdistan.

    The Kurdish leadership and Kurdistan government should not leave everything to the central government, but they have to participate in the implementation of Article 140, if we see that Baghdad hampers the implementation of this article. When I say, we must participate in the process of normalization in Kirkuk, I mean the implementation of constitutional and legal provisions, simply, because so far, we benefit from the adoption of moderate policy.

    This does not mean that we should adopt the same policy in all circumstances, but, depending on the circumstances, we have to be moderates or not. In short, in all the circumstances, we should not lose our priority, in order not to lose our balance and interests.

    The Iraqi Constitution develops practical mechanisms to restore Kirkuk to the demographic and geographic nature, as stated in Article 140: "First: The executive authority shall undertake the necessary steps to complete the implementation of the requirements of all subparagraphs of Article 58 of the Transitional Administrative Law. Second: The responsibility, placed upon the executive branch of the Iraqi Transitional Government, stipulated in Article 58 of the Transitional Administrative Law shall extend and continue to the executive authority elected in accordance with this Constitution, provided that it accomplishes completely (normalization and census and concludes with a referendum in Kirkuk and other disputed territories to determine the will of their citizens), by a date not to exceed the 31st of December 2007". Therefore, it is not the right of any side to propose solutions and alternatives for Kirkuk outside the constitutional frameworks.

    To accelerate the process of normalization in Kirkuk and other areas we need to strengthen our political, economic, cultural and peaceful coexistence between ethnic and religious groups in Kirkuk, with a strong emphasis on the return of the Arabs to their places of origin and the definition of Kirkuk as part of Kurdistan.

    In the past three years, the Kurdish leadership has failed to improve the lives of Kurds returnees. There is a clear evidence of negligence of the Kurdish leadership to clarify the crucial importance of Kirkuk to Kurdistan and the Kurdish nation. Even today we do not see a unified national policy of the Kurdish parties towards Kirkuk. Today, the situation in Kurdistan helps to shape more united and clearer political and social discourse between the political leadership, media and the people of Kurdistan to forge ahead the implementation of Article 140. But who feels that? Let's wait and see.

    Kurds and Article 140 | Iraq Updates

  7. #30037
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    Kirkuk Governorate Council rejects 2007 budget
    Essam of Gibraltar
    Kirkuk - (Voices of Iraq)

    A source in the presidency of the council of the province of Kirkuk, the chairman of the Council called on Member Rzkar at a meeting held today, Tuesday, to reject the budget allocated to the province in 2007 amounting to 114 billion dinars.

    The source added News Agency (Voices of Iraq) Independent today that "the President of the Kirkuk said at the meeting of the Council of the governorate and the Ministry of Planning has informed the preservation allocated 114 billion Iraqi dinars to the district of Kirkuk in the development of the budget for the reconstruction of the city."

    , Pointed out that Rzkar on, "he said - this budget-unjustly for Kirkuk to the suffering of the destruction and devastation, the local government has assessed the devastation, the study said Kirkuk need for the establishment of a large number of strategic projects cost up to 131 billion Iraqi dinars in addition to the usual projects to meet the requirements of part of the province. "

    According to the source, "said Chairman of the Council of the governorate of oil wells in the city of Kirkuk finances about 80% of the Iraqi government's budget and the allocation of 114 billion Iraqi dinars in the development of the budget for the reconstruction of the city is rejected by the council of the province of Kirkuk, as the city requires a substantial budget for the reconstruction of the destruction inflicted by the during the previous regimes. "

    The source said that the Rzkar "Members of the Council called for rejection of the budget in 2007 because it is an injustice for the people of Kirkuk, also, a number of Council members to visit Baghdad to demand Kirkuk increasing the share of the overall budget of Iraq and also to take serious steps in the absence of the federal government to meet the demands of the Council. "

    The source noted that the members of the council of the province of Kirkuk, "unanimously rejected the amount allocated from the budget for Kirkuk development of the Territories for 2007 and emphasized the implementation of the agreement concluded between the local government in Kirkuk and the Ministry of Planning on strategic projects in Kirkuk and increase the city's share of this budget and other steps. "

    It should be noted that the Ministry of Finance had allocated 122 billion Iraqi dinars to the reconstruction of the city of Kirkuk within the budget of 2006, while 114 allocated for the reconstruction of the city in the 2007 budget.

    كركوك - ميزانية - رفض :: Aswat al Iraq :: Aswat al Iraq

    They know there is more to get!!

  8. #30038
    Banned D-Day's Avatar
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    Unhappy Bummer...

    According to Noozz.com | IRAQ

    Investment Law Endorsed With Exception of Oil, Banking & Insurance (Due to Lack of Security perhaps...) 05DEC06...

  9. #30039
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    Quote Originally Posted by Socata 850 View Post
    The dollar is in trouble and I believe we will see a further decline in it's value against other world currencies. China has announced that it is selling off just a mere 1 trillion dollars of its foreign currency holdings and the US cannot get out of its "spend more than you make" mindset. If China and some of the other emerging financial powerhouses decide just one time that they are not going to purchase US T-Bills, you will see a panic like we haven't seen since the great depression. Warren Buffet is betting heavily on the decline of the dollar. To the tune of 16 billion dollars of his own money. We are in for a rocky time, IMO, and it's coming within the next 24 to 36 months. If there is another 9/11 event, it will upon us so fast we won't know what hit us.
    I agree with you and OSW and others that the USD is on its way down the tube. When the next 9/11 event hits the USA (notice I said when and not if) it will most likely be a nuclear explosion from a field tactical briefcase sized nuke and the US economy will crumble as a result. Best to keep those dinars and exchange them into Euros when the time comes.

  10. #30040
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    Thumbs up Maliki : the political forces hold the middle of this month

    Maliki : the political forces hold the middle of this month
    Baghdad - (Voices of Iraq)


    Prime Minister Nuri al-Maliki today, Tuesday, that the political forces will be held in the middle of this month.

    Al-Maliki said in a press conference held at the cabinet today that the conference will include various parties and political forces to participate in the government and non-participation in order to promote national unity and agreement to get Iraq where it is now.
    The congress is the political parties and forces, and one of four conferences held in the framework of national reconciliation, held from the clan and the religious forces and the civil societies.

    On the other hand, Al-Maliki said that "Iraq in the framework of sending envoys to visit the neighboring countries, regional and urged to help Iraq rather than finding solutions, but in order to find a ground for the establishment of a regional or international conference. "

    He pointed out that Al-Malki had been agreed "on the cabinet reshuffle will involve a number of ministries will be announced in a short period of time."

    And on the housing problem in Iraq, Al-Maliki said "it was decided to launch the national housing project, which will include the building of thousands of housing units in Baghdad and the governorates where the amounts have been allocated in the next budget, which described the explosive budget (2007 budget)."

    He added : "We also have been completed by the end of the preparation of a law on oil and gas will be presented to the House of Representatives."

    المالكي - مؤتمر :: Aswat al Iraq :: Aswat al Iraq


    Here he is again Adster!!

    I love reading this!

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