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

The assassination of a Christian man of religion and refused to arrest the chairman of the party

Barzani rejects the recommendations of James Baker and supported by Talabani

Baghdad-Arbil-12-8 : President attacked Iraq's Kurdistan region Massoud Barzani, the recommendations of the Baker-Hamilton to study Iraq and said it was unrealistic and lacks credibility and contrary to the Iraqi constitution and national reconciliation and he refused to severe behalf of the people of Kurdistan each contravention with the Constitution and the interests of Iraq and Kurdistan, stressing that the presidency of Kurdistan is not committed and any form of the report of the Committee. While in Mosul announced for the assassination of a Christian man of religion another part of the campaign launched by hostile extremist Islamists against personalities and Christian clergy.

Barzani said in a strongly worded statement today on the Committee's recommendations regarding Iraq, which was announced in Washington yesterday that the non-arrival of the first members of the Committee to Kurdistan is a big shortage in the process of assessment and the report loses credibility. He refused the recommendation of the United Nations participation in the amendment of the constitution and the development of the Iraqi oil revenues under the control of the central government, pointing out saying that control of the regions oil wells run with the new process of national reconciliation.

And on the issue of Kirkuk, Barzani opposed the recommendation to postpone the referendum on the fate of the northern oil-rich city be the end of next year and said that any postponement of the referendum would raise serious concerns among the Kurds, stressing that this can not be tolerated in any form by the people of Kurdistan.

As Chairman of the Kurdistan Committee's recommendation to strengthen the central government and regional authorities times inconsistency with the principles of federalism, which they said the only way to maintain the unity of Iraq. He said that the report's call for a greater role of the neighboring countries in Iraq is not in line with the interests and sovereignty of Iraq in general and with the benefit of the people of Kurdistan in particular, which constitutes interference in the affairs of Iraq. He added that the committee had raised many of the recommendations unrealistic and inalienable application and emphasized that, "We declare our rejection behalf of the people of Kurdistan each contravention with the Constitution and the interests of Iraq and Kurdistan."

Barzani stressed that the report did not agree with him was confirmed by Baker in a telephone conversation between the two last Tuesday, in which he pointed out that the Commission took into account in its specificity of the Kurdistan although he explained befo*****d opinion Kurdish party in a previous letter to the Committee saying, "It seems that the Commission did not take into account the content of our message did not mention it."

Barzani said in conclusion that the presidency of Kurdistan and is not committed any form of the Committee's report. He pointed out that he believed that before the others to resolve the issues of Iraq, Nodal that is needed is for the Iraqis themselves to solve this problem, including the serious treatment of the issue of national reconciliation. He called on all Iraqi forces that believe in the political process and the Constitution, federal, democratic and an Iraq to take the steps necessary to address those solutions contract to avoid the regional and international forces based on the recommendations and suggestions wrong. The following is the text of the statement by the Presidency of the Kurdistan on the report of the Commission :

After examining the report of 'Commission for the Study of Iraq' We need to put forward the following points :

1- The non-arrival of the members of the Baker-Hamilton to Kurdistan, and for whatever reason, is a big shortage in the process of assessment and the report loses credibility.

2- Recommendation (26) to the audit of the Iraqi Constitution, the participation of experts from the United Nations.

In our view, any review of the Iraqi Constitution requires to be done within the mechanisms established by the Constitution itself. Therefore, we reject any change outside these mechanisms work, and everyone knows that the territorial integrity of Iraq are bound by the Constitution.

3- Recommendation (28) to put oil revenues under the control of the central government, and the distribution of proceeds on the basis of population in the areas in Iraq, considering that the control of the regions oil wells run with the new process of national reconciliation.

In relation to this recommendation, we renew our commitment to the full Constitution, which defines the right solution to this issue, and will reject any change in this area.

4.-in (30) on the Kirkuk report calls for the postponement of the application of Article (140) of the Constitution and to mandate 'of the international community in support of Iraq', which proposes the formation address this issue.

In our view, the Constitution defined mechanisms application of Article 140 and the ceiling of the time, and this is the minimum accepted by the Kurds. Therefore, any delay in the process of the application of this article is a great fears, which can not be tolerated in any form by the people of Kurdistan.

5-entire report stresses the strengthening of the central government and weaken the powers of provinces, and this in itself incompatible with the principles of federalism and the Constitution, which forms the basis of the new Iraq.

Here, I reiterate that federalism is the only way to preserve the unity of Iraq.

Six-take report clearly in a number of sections in the account of the interests and concerns of neighboring Iraq and calls for a greater role for these countries. In our view, this proposal is not consistent with the interests and sovereignty of Iraq in general and with the benefit of the people of Kurdistan in particular, which constitutes interference in the affairs of Iraq.

7- report calls in a number of paragraphs, for example, in recommendations (27) and (35), to persuade the parties that oppose the political process and resort to violence and to be included in the Authority and the government. This, in our view, contrary to the interests of the overwhelming majority of the Iraqi people and the democratic process.

8- with our thanks and gratitude to the President of the United States of America, George W. Bush and the American administration for their role in the overthrow of the former regime and their efforts to support the new Iraq, we believe that the Baker-Hamilton raised many of the recommendations unrealistic and non-believing that the application of these recommendations would help the United States to overcome the difficulties. If the aim is to be imposed on us by this Committee recommendations of the Inalienable application, we declare our rejection behalf of the people of Kurdistan each contravention with the Constitution and the interests of Iraq and Kurdistan.

9- that the report did not agree with us was confirmed by Mr. James Baker in a telephone conversation in which he noted that the Commission had taken into consideration in its specificity of Kurdistan. Note that we have made clear in advance the opinion of the Kurdish party in our letter to the Committee. It seems that the committee did not take the contents of this letter into account did not mention it.

Finally, make it clear that :

- We are committed and any form of the Committee's report.

- May not ignore the democratic process and the gains of the Iraqi people and the people of Kurdistan, especially after the elections and the adoption of the constitution voted on by more than 80% of the Iraqi people and supported by the international community and by the United States of America.

- We believe that before the others to resolve the issues of Iraq, Nodal that is needed is for the Iraqis themselves to solve this problem, including the serious treatment of the issue of national reconciliation. Therefore, we call on all Iraqi forces that believe in the political process and the Constitution, federal, democratic and an Iraq to take the steps necessary to address those solutions contract to avoid the regional and international forces based on the recommendations and suggestions wrong.

مسعود بارزانيMasoud Barzani

رئيس اقليم كردستانPresident of the Kurdistan

The position is the most Barzani against Baker report of the positions of power and other Iraqi personalities involved in the political process.

The abductors had asked the father brought a ransom of $ 1 million "in addition to threats such as :" We will kill all the Christians from him. " No detailed information about the circumstances of his abduction and murder, but sources in Mosul confirmed that such crimes push more Christian families to emigrate from Mosul and left in the light of the increasing pressures and threats against them.

The Patriarch Emmanuel III Doli Patriarch of Babylon for the Chaldeans in the world may face in the fourth of this month an urgent appeal to the kidnappers of a Christian priest Sami Abdel Sunday, calling for his release. Abdul Ahad, was kidnapped last Monday in Baghdad, which is outside of the home located in the Street of industry versus Technological University, on the way to church.

The killing of the priest Munther monastery after less than two months for the crime of slaughtering Father Paul Iskandar of the Syriac Orthodox Church, two days after the abduction.

Official spokesman : Talabani Barzani supported the position of the report (Baker-Hamilton)

Meanwhile, the official spokesman for the Presidency of the Republic of Iraq today, Friday, that President Jalal Talabani has supported the position of President of the Kurdistan region Masoud Barzani of the report (Baker-Hamilton), which considered the report containing the proposals were inappropriate and unrealistic.

He denied Kamran led temple in a statement Mangulth by satellite (Arab) of the Iraqi President Jalal Talabani, the report finds Baker-Hamilton conform to the interests of Iraq.

He led the temple space (Arab) Ajtzat statements were made by the spacecraft, in which he stressed that it is not possible to give a comprehensive assessment of the report, which includes more than seventy recommendation, but he pointed to the presence of specific points in the report, such as the recommendation to transfer the security dossier to Iraqi control, and dialogue with the neighboring states, which correspond to the policy of the Iraqi government, which demands so always.

He spokesman President of the Republic to "space (Arab) ignored the statement in his statements in which he referred to the existence of many points and the themes contained in the report, which does not comply with the national interests of Iraq, and contrary to the Constitution, which is keen to protect President Talabani and commitment by."

In this context, led temple, "President Jalal Talabani, supported the position of President of Kurdistan Mr. Masoud Barzani of the report, which was published in a statement issued by yesterday."

الرافدينRafidain
www.alrafidayn.comWww.alrafidayn.com

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

IF they don´t reval they will do business in other currencies

Originally Posted by Dinar-Excited

Hi Everyone,

I just posted this on AD but I wanted to share this on RC as well these are some of my opinions. I know that there are two ways of looking at this the gradual increase and RV pegged. I think it will be RV'd and pegged.

Here is why Iraq is a very rare opportunity this is unlike any other. It is sitting on huge natural resources which we all know and they are also the doorway to terrorists that needs to be closed tightly for the security of the World.

I understand your point with the gradual increase and there are two ways of looking at it and who really knows who's right. But this is a forum to throw ideas around.

The pros to a gradual increase is that they do not shock the economy and make it unstable. But the other way of looking at it is they need a shock to get an economy.

If they pass the Laws with out an RV they open the golden gates for the World to come in at a ridicules rate that is clearly undervalued by a very large margin. There money can RV at a high rate because it is really worth a high rate not the undervalued amount that the IMF have kept them at for 3 years. So in response to you saying it will not happen over night I will agree as it has been happening for 3 YEARS!!!!! Not just over night BAM you have an RV. They have been putting there ducks in a row for quite sometime now and since November we have seen them getting ready for an RV. I know some like MunnyBaggs will tell you this is the gradual RV and that is his opinion and he is entitled to it. But in my opinion this is not and RV it is fluctuation as they get ready for an RV. Right now they are trying to decrease the exchange rate shock by taking as much Dinar out of circulation as possible. An RV in my opinion is when it is fully convertible on the FOREX and you can exchange it anywhere you like. Which enacting these Laws FIL and HCL and article 8 will do. It has taken time they have passed the FIL a while back but have not enacted it yet. I believe we will see a package deal with the Laws passed and enacted. I think they are keeping it as quite as possible not to stir up to much speculation and violence.

Also we have to consider the amount of debt relief they have received they are nearly debt free and sitting on huge resources. Also being back by most of the World.

Also another thing to consider that history repeats it's self and Kuwait RV'd and pegged so it can happen.

The reason again I think it will peg instead of floating gradually is Iraq is so volatile right now and they need to make there currency and economy as stable as possible. By pegging they will create stability and growth as investors will be way more confident to enter the Country. Floating is used rarely and by Country's that need to entice investors Iraq dose not have to entice investors they just need to instill confidence and pegging would achieve this in my honest opinion.

I have considered your opinions and others that have your same opinion and they just do not add up for me as my opinion dose not add up for you. But it is good to have different opinions so we look at it from all angels. So thank you for sharing and hopefully we find out what the big plan for Iraq is soon ever way. The good news is that we all know this will happen it is just exactly when is the question and how much.

Dinar-Excited

A number of members of the House of fueling bill commits the government to distribute 30% of the oil revenues between the citizens month.

.The deputy said the bloc compatibility Noureddine Hayali : that the principles of the project are now under discussion will be circulated with the Minister of Planning to Papan and chairman of the Economic Committee of the Council, Dr. Haidar Abadi. Hayali believes it is possible to present the draft to the parliament for approval before the end of this year.

.Economists estimated proceeds of Iraqi oil annually, including more than thirty billion dollars or ten billion dollars distribute them among citizens in the form of monthly salaries. The price of a barrel of oil is 60 dollars, while observers speculate is likely to increase prices due to the prevention of some OPEC countries to increase production and thus reduce vulnerable in the market. The law aims to notice their ill citizens, which should be preserved by all of the waste and theft and benefit from them directly.

.He says : Hayali citizens that the law will be divided into three different categories : the first category shares from birth until six years ago, two : from 7 to 18 years old, the third 19 and above. He explained that the law would shroud the cash portion who earns more than 1 million dinars, as well as denying them involved crimes against honor, such as drug trafficking and abuse, adultery, as well as espionage, all felony owner holding more than five years. He said : that the law also deprive the Iraqi who migrate abroad. It is likely to amend the House in some of these barriers, or add to them, however, they seized a whole : they are factors helping to suit the society and the restoration of cohesion and unity. The large number of deputies he welcomed this project is to be paid to Andhajeh and developed and put to the Council. The previous references officials commented on the need for citizens to feel the benefits of the oil wealth directly, expecting to address the House for this task by the law governing the rights of people. It is hoped that the 2007 budget, the largest budget in the history of Iraq as the $ 40 billion and described the Prime Minister Balanfjarih. While citizens were pleased with the promises of the government to improve their living conditions, which appeared signals in the new salary scale and the law of retirement yesterday and the day before yesterday, will be identified by looking at the oil quotas.

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Originally Posted by Par77

Yep! I remember reading that too. I think the article was around the time they were making a big push for debt reduction. It said that many countries where buying large quanities of Dinar and agreeing to hold them for 5 years. There was quit a bit of discussion about countries NOT reducing debt without some kind of benefit. The benefit would be that 5 years from now the dinar would be worth way more than the debt...that was the general jest. Maybe neno will know how to find it on the history channel.

When in the History Thread, at the top of the first post, use the search this thread function. Type in a key word and the scroll thru what was seperated.

Will President George W. Bush and his top aides, political and military series of intensive meetings and consultations starting next week on the situation in Iraq in light of the recommendations of the Baker-Hamilton and the aim of the announcement of changes «» or «» amendments prior to the birth or the end of the year. He quoted the former American Secretary of State James Baker, who was the main character in the group that prepared the report, commenting on the announcement made by President «» is applied selectively, to the 79 recommendations contained in the report is not a basket of fruit «» can choose from but is a complete package «».

».Will Bush, from Monday to Wednesday next, consultations with senior officials of the Ministries of Foreign Affairs and Defense and the military commanders and the American ambassador in Baghdad, Zalmay Khalilzad and experts from outside the government, to what the White House spokeswoman Dana Berino. The spokeswoman said that the goal is «that the President will be able to deliver a speech before Christmas, but this date is not final».

صوت العراقThe Voice of Iraq
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العراقJustice / Amman-up opinion-joined the World Bank Group (IFC - the private sector arm of the group, and the International Bank for Reconstruction and Development) to the United Nations Conference on Human Settlements in the announcement of the final report of the results of a housing sector in Iraq

. .. This has been done during the workshop held in Amman with the participation of representatives from the public and private sectors and the Iraqi institutions involved. The housing needs to increase significantly in Iraq, where an estimated deficit in this sector more than one million housing units, is expected to double the housing needs due to population growth and the exodus of the population to the cities. This sector also faces other challenges is the lack of sources of funding and weaknesses in the procedures and specific legislation is the absence of the role of the private sector. This study establishes the most important obstacles facing the sector with a focus on the cities of Mosul and Irbil, Najaf and Nasiriyah. The study also made recommendations on how to increase the capacity of the sector to meet the future demand for housing and the creation of meaningful jobs. Dr. Ahmed Ali obsolete, Resident Representative of the International Finance Corporation in Jordan on the importance of the cooperation of the World Bank Group with the government and the Iraqi private sector to strengthen financial policies, legislative and promote the role of the private sector in order to help meet the housing needs in Iraq. He also pointed to the determination of the World Bank Group in cooperation with other international organizations and donors to continue to help Iraq to deal with the challenges of economic development

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Ok this is just a thought...

For those who say that this currency could never go up to a level of 1:1 with the US dollar. I think the biggest thing to disprove this notion is this.
We already have them saying that they want to bring the currency up to previous levels. That is a fact. We have them saying that they are not planning on changing the currency. The problem I have with the naysayers is this. If the Iraqi banking officials thought that there was TOO MUCH dinar in circulation then I believe that they would have had NEW CURRENCY printed up and done away with the current currency by now. To me this tells me that the Iraqi banking officials believe that they can use the current currency to bring the dinar up to previous levels of value. In fact this just proves it. They are going to use the current paper in circulation NOT print new. We know this. We may not know HOW or WHEN but we know they want to bring it to par with previous levels and obviously are going to use the current currency. Until someone can prove or show me that they are printing new paper money to replace the dinar then obviously the Iraqi officials, IMF, World Bank, US think tanks DID NOT MISCALCULATE THE AMOUNT OF DINAR TO PRINT AND HAVE AVAILIBLE IN CIRCULATION. Because that is what the naysayers biggest argument essentially is. That the IMF, World Bank, and US officials MISCALCULATED THE AMOUNT OF DINARS TO PRINT. I highly doubt it.....

Originally Posted by Pippyman

obviously the Iraqi officials, IMF, World Bank, US think tanks DID NOT MISCALCULATE THE AMOUNT OF DINAR TO PRINT AND HAVE AVAILIBLE IN CIRCULATION. Because that is what the naysayers biggest argument essentially is. That the IMF, World Bank, and US officials MISCALCULATED THE AMOUNT OF DINARS TO PRINT. I highly doubt it.....

Yep. Of all of the things that are within the control of the CBI wouldn't the total amount of dinar printed seem to be the most obvious thing that they could control? How many of the naysayers think that the CBI was just printing an amount of money on a whim? No way was the amount printed a coincidence. Of course they projected how much could be distributed. Every time the government (U.S.) does something it is by a plan, and if the original plan isn't working, they implement the backup plan. If that plan isn't working they implement the backup of the backup plan. Despite what the press is portraying this current situation is by design.

I mean take the appointment of Robert Gates as Defense Secretary. How many of you are familiar with Gates background? Are you aware that he is a longtime insider of the Bush family. He goes back to the early days of Ronald Reagan. Gates was a young CIA man that helped Reagan/Bush win the White House through negotiations with the Iranians during the Iran Hostage Crisis. By the late 1980's Gates was the youngest CIA director ever appointed. And now here he pops up as the kindly old Texas A&M school president appointed to the Iraq Study Group, that is so highly touted by the Dems. The Dems are practically falling all over themselves to appoint him as Defense Secretary to replace the evil Rumsfeld, as Rummy is screwing up the war and we gotta get out as fast as possible. But what is Gates saying during his confirmation process? Why, we gotta increase the troops and stay, not decrease and leave. Say what, thought the Dems wanted to leave??? And what does the Iraqi Study Group say, "we need permanent American bases in Iraq". Say What??? Thought we were leaving. Now I am not saying that I am for leaving, but what I am trying to point out here is that this is an example of orchestrated government manuever (by both Republicans and Democrats). Its the case of "say one thing in the press and do another thing in reality". They have a plan, this is all a rehearsed play for them. So, how does this apply to the dinar?

Its that I am sure that they also knew exactly how much Dinar the CBI could let go abroad and how much they wanted to keep in Iraq. Sure, some of it has been smuggled, but don't you think that they know how much they have available in country? That would tell them approximately how much is abroad. With that information they know how strong the dinar is. Hell, with the relationships that they have with the U.S., Asia's and Europe's banks I would not be surprised if they have a pretty good idea how much Dinar they could get outside of their own country. So, it appears that they definitely have a plan. I just wish I knew the plan damnit. Got any more crumbs or straws to grasp at Susie?

Please sir may I have another? (said in best Tiny Tim voice to the puppet*******)

Alright I will put away Mr. Angry again. Sorry for the

Originally Posted by Dinar-Excited

Hi Everyone,

I just posted this on AD but I wanted to share this on RC as well these are some of my opinions. I know that there are two ways of looking at this the gradual increase and RV pegged. I think it will be RV'd and pegged.

Here is why Iraq is a very rare opportunity this is unlike any other. It is sitting on huge natural resources which we all know and they are also the doorway to terrorists that needs to be closed tightly for the security of the World.

I understand your point with the gradual increase and there are two ways of looking at it and who really knows who's right. But this is a forum to throw ideas around.

The pros to a gradual increase is that they do not shock the economy and make it unstable. But the other way of looking at it is they need a shock to get an economy.

If they pass the Laws with out an RV they open the golden gates for the World to come in at a ridicules rate that is clearly undervalued by a very large margin. There money can RV at a high rate because it is really worth a high rate not the undervalued amount that the IMF have kept them at for 3 years. So in response to you saying it will not happen over night I will agree as it has been happening for 3 YEARS!!!!! Not just over night BAM you have an RV. They have been putting there ducks in a row for quite sometime now and since November we have seen them getting ready for an RV. I know some like MunnyBaggs will tell you this is the gradual RV and that is his opinion and he is entitled to it. But in my opinion this is not and RV it is fluctuation as they get ready for an RV. Right now they are trying to decrease the exchange rate shock by taking as much Dinar out of circulation as possible. An RV in my opinion is when it is fully convertible on the FOREX and you can exchange it anywhere you like. Which enacting these Laws FIL and HCL and article 8 will do. It has taken time they have passed the FIL a while back but have not enacted it yet. I believe we will see a package deal with the Laws passed and enacted. I think they are keeping it as quite as possible not to stir up to much speculation and violence.

Also we have to consider the amount of debt relief they have received they are nearly debt free and sitting on huge resources. Also being back by most of the World.

Also another thing to consider that history repeats it's self and Kuwait RV'd and pegged so it can happen.

The reason again I think it will peg instead of floating gradually is Iraq is so volatile right now and they need to make there currency and economy as stable as possible. By pegging they will create stability and growth as investors will be way more confident to enter the Country. Floating is used rarely and by Country's that need to entice investors Iraq dose not have to entice investors they just need to instill confidence and pegging would achieve this in my honest opinion.

I have considered your opinions and others that have your same opinion and they just do not add up for me as my opinion dose not add up for you. But it is good to have different opinions so we look at it from all angels. So thank you for sharing and hopefully we find out what the big plan for Iraq is soon ever way. The good news is that we all know this will happen it is just exactly when is the question and how much.

Dinar-Excited

Well stated D-E

I have to agree that this has been a 3 year RV. If they do allow foriegn investment into the country with no TRUE rv then they are setting themselves up for failure. They will be forced into a complete dollarization and the foundation of the Iraqi Economy as an independent state will collapse.

The slow and grow theory does have legs and makes sense but what doesn't add up for me is that this will be a country that won't use its own currency.

If they are to do the profit sharing at the current rate then inflation will never be curbed....the dinar will not be worth the paper that it was printed on.

Too much currency will have to be circulated into the market and thereby eliminating the idea of supply and demand. This will then potentially lead to the dreaded zero lop. The only remaining solution to a flood of dinar in the marketplace.

This is just my two cents worth.

Have a great day all.

The Iraqi government would shortly announce its position on the recommendations

(Voice of Iraq) - 09-12-2006
This issue was sent to a friend

The Iraqi government would shortly announce its position on the recommendations of the Baker-Hamilton
- Baghdad (votes) from Ghazwan Jabbar

He said Foreign Minister Hoshyar Zebari that "the Iraqi government more concerned with the recommendations of the report of Baker Hamilton and it is being studied and would shortly announce its final stand it."

Zebari added that some items of the report in line with the orientations of the Iraqi government.

Only country in the Middle East region that the issue of dialogue between the United States and Syria, and Iran also called for the recommendations is an American, pointing to the need to pay the price for such dialogues.

Sotaliraq.com