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

BAGHDAD, Dec 5 (KUNA) -- Iraqi parliament speaker, Mahmoud Mashhadani, admitted Tuesday failure to establish a strong state and a unified government to control the country.

In an informal meeting, Mashhadani said despite the various causes of security deterioration which includ neighboring states, sectarian militias and foreign invasion; the result was a weak state that failed to control the country.

He said that all the Iraqi parties contributed to the weakening of the country by disputing, deepening differences and failing to trust each other.

The Iraqi speaker expressed regret for the predetermined segregation of diverse Iraqi elites into sectarian and racist cells at the expense of national interest.

Forming a national united government representing all Iraqi segments had failed, he asserted, noting that the failure affected the US policy.

Mashhadani stressed that political disputes could not be ended unless the Iraq groups abandon schism, calling for an Iraqi national coalition to adopt a solution afar from extremism and narrow political interests. (end) mhg.

Voices of Iraq :-$ (economy) dhrgham on Thursday, 07 December 2006-10 : 56 AM BT

The Iraqi Central sells more than 25 million today
بغداد-(أصوات العراق)Baghdad - (Voices of Iraq)
Record demand for the dollar purchase auction in the Central Bank of Iraq at the end of the meetings this week, today, Thursday, a big increase to 25 million and 570 thousand dollars, compared with 14 million and 700 thousand dollars on Wednesday.
The statement said that the central purchase requests dollar spread between 17 million and 520 thousand dollars in cash and eight million and 50 thousand dollars in the form of remittances outside Iraq.

.He pointed out that Central had covered the applications at the exchange rate of 1424 dinars to the low $ 2 dinars on the price at the auction yesterday.

The statement pointed out that he participated in the auction today, 12 banks, but that none of them had not made offers to sell the dollar. م ع -ض م-ش عRB-M-z u p

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

In the News Archive - Democracy In Iraq Not A Priority in U.S. Budget

Why We Persevere
By William Caldwell IV
Wednesday, December 6, 2006; A25

BAGHDAD -- I don't see a civil war in Iraq. I don't see a constituency for civil war. The vast majority of the people want hope for their families, not to massacre their neighbors or divide their country. A poll conducted in June by the International Republican Institute, a nonpartisan group that promotes democracy, found 89 percent of Iraqis supporting a unity government representing all sects and ethnic communities. No wonder no "rebel army" steps forward to claim credit for vicious car bombs and cowardly executions of civilians.

I see debates among Iraqis -- often angry and sometimes divisive -- but arguments characteristic of political discourse, not political breakdown. The Council of Representatives meets here in Baghdad as the sole legitimate sovereign representative of the people, 12 million of whom braved bombs and threats last December to vote. No party has seceded or claimed independent territory.

I see a representative government exercising control over the sole legitimate armed authority in Iraq, the Iraqi Security Force. After decades in which the armed services were tools of oppression, Iraq is taking time to build an army and national police force loyal to all. There have been setbacks, but also great successes. In Fallujah, a city almost lost two years ago, I have seen the cooperation between the local army commander, a Shiite, and the police chief, a Sunni.

I don't see terrorist and criminal elements mounting campaigns for territory. Al-Qaeda in Iraq doesn't use roadside bombs, suicidal mass murderers and rocket barrages to gain and hold ground. Extremist Shiite death squads don't shoot people in the back of the head to further their control of the government. I do see random executions seeking to instill fear and insecurity. I don't see a struggle between armies and aligned political parties competing to rule.

I studied civil wars at West Point and at the Army Command and Staff College. I respect the credentials and opinions of those who want to hang that label here. But I respectfully -- and strongly -- disagree. I see the Iraqi people suffering from overlapping terrorist campaigns by extremist groups combined with the mass criminality that too often accompanies the sudden toppling of a dictatorship. This poses a different military challenge than does a civil war.

As the Iraqi people labor to build a country based on human rights and respect for all citizens, they are moving from the law of the gun to the rule of law. Violence will increase before life gets better. Those who know that freedom and democracy offer more hope than anarchy will not give up.

Regardless of what academics and pundits decide to label this conflict, hundreds of thousands of brave Iraqi soldiers, police officers and civil servants will continue to go to work building a free, prosperous and united Iraq. And every day more than 137,000 U.S. servicemen and servicewomen will lace up their boots, strap on their body armor and drive ahead with our mission to support these courageous Iraqis.

Army Maj. Gen. Caldwell is the chief U.S. military spokesman in Iraq.

Originally Posted by Adster

Nice one Sus, look at page 30, oil exports, go baby go!!! This gets the old juices flowing!

Said it before, say it again, dinar + oil = disney dollars + Caymans for lots of beers and fun.

June, July and August were VERY profitable months! What the heck happened to November's profits!?

Active US role in Iraq oil sector urged--------------------------------------------------------------------------------

07 December 2006 (Irish Times)
The high-level expert group set up to advise US President George W Bush on a new policy direction in Iraq has delivered recommendations specific to Iraq's oil industry.

Iraq Study Group advocated a strong US role in influencing Iraq's oil industry though international co-operation would also be desirable.

It said longer term measures should include encouraging international firms to invest in Iraq's oil industry and assistance from the US in reorganising industry as an efficient commercial enterprise.

The report said: "To combat corruption, the US government should urge the Iraqi government to post all oil contracts, volumes, and prices on the Web so that Iraqis and outside observers can track exports and export revenues.

"The United States should support the World Bank's efforts to ensure that best practices are used in contracting. This support involves providing Iraqi officials with contracting templates and training them in contracting, auditing and reviewing audits."

"Oil revenues should accrue to the central government and be shared on the basis of population. No formula that gives control over revenues from future fields to the regions or gives control of oil fields to the regions is compatible with national reconciliation."

It also proposed short-term measures which included providing US assistance to the Iraqi administration to prepare legislation defining the rights of regional and local governments and creating a fiscal and legal framework for investment.

"The US government should encourage the Iraqi government to accelerate contracting for the comprehensive well work-overs in the southern fields needed to increase production, but the United States should no longer fund such infrastructure projects," it said.

It also recommended the US military retain an active role in protecting oil fields, installations and workers in co-operation with the Iraqi military and private security forces.

"These measures should include a program to improve pipeline security by paying local tribes solely on the basis of throughput [rather than fixed amounts]."

Active US role in Iraq oil sector urged | Iraq Updates

Originally Posted by Dinar Cha Ching

June, July and August were VERY profitable months! What the heck happened to November's profits!?

I would say Chinger it was put together before getting an accurate total amount for November ie early December issued, and put together probably before. Sure if they update it next month we will see that reflected.

All good my friend.

ÊÝÇÕíá ÇáÇÎÈÇÑ

Bush had announced the end of the month on a new strategy against Iraq

12 :08 2006.12 :08 2006. 12 .12. 07 07

PUKmedia :PUKmedia :
The White House announced that President George Bush might be able to announce a new strategic course for progress at the situation in Iraq at the end of this month.

.The White House spokesman Tony Snow said in an interview with CNN Wednesday evening that President Bush will select the first to the recommendations that are consistent with his political vision and integrated with the studies was put in abeyance by the leadership of Army Staff and the National Security Council, the Americans.

.He said : we hope to arrive at a coordination of all these things, so that the President may declare perhaps at the end of the year, a new path forward.

.Reports that the White House is expected to combine these recommendations in its new strategy, expected by the first year in the State of the Union Address to Congress on January next.

Originally Posted by Adster

I would say Chinger it was put together before getting an accurate total amount for November ie early December issued, and put together probably before. Sure if they update it next month we will see that reflected.

All good my friend.

Sounds reasonable to me.

Queston? Now we heard there was some were in the neibourhood of 9-20 Trillion dinars out there. If they retire the 25K note thus reducing the amount of dinar out there, this makes the dinar even more valuable. My point I guess is would this reflect a float rather than a peg? Also are the smaller notes included in the 9-20 amount?

Thanks. Gloribee

Another thought, is or could they continue pulling Dinar from Circulation After the reval and what effect would it have on the value.

We now know the dinar will reval, just trying to be ready for decision making based on weather were going to float or Peg. Will make a big deal on when and how much I cash in.

Thanks, Gloribee