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

Sunday, December 10, 2006

Baghdad - (Voices of Iraq)

The Iraqi Vice President Tariq Al-Hashmi today, Sunday, to the United States where he is scheduled to meet with President George Bush.
A statement issued by the Office of the Hashemite, and received news agency (Voices of Iraq) independent copy of the statement, that "Iraqi Vice President left Baghdad today, heading to the United States on a several-day visit in response to an official invitation received."
The statement pointed out that "the Hashemite will meet with President Bush on the day after tomorrow, Tuesday,."
The statement added that "the Hashemite also meet with Vice President Dick Cheney and national security adviser Stephen Hadley the day after tomorrow, Tuesday, noon."
He explained that "the Hashemite met before traveling to the United States Accord Front representatives in the House and the Minister also met with a number of dignitaries and political leaders for consultation and coordination prior to the visit."
He had announced on a visit to the Hashemite America after meeting with President Bush Friday in Amman late last month on the sidelines of the meeting, which brought together Iraqi Prime Minister Nuri al-Maliki and the American President.
And prior to the visit to the Hashemite America visit by the President of the Supreme Council for Islamic Revolution in Iraq and head of the United Iraqi Alliance Abdel Aziz al-Hakim, last week to Washington, during which time he met with President Bush.

http://www.google.com/translate?u=http://www.aswataliraq.info/modules.php?op=modload&name=News&file=index&startn um=31&langpair=ar|en&hl=en&ie=UTF8

Cheers!
DayDream

Sunday, December 10, 2006

By Amanj Khalil

Sulaymaniyah - (Voices of Iraq)

An official source at the airport in Sulaymaniyah that unidentified military aircraft penetrated today, Sunday, the atmosphere of Sulaymaniyah.

The source added that he did not wish to be identified, told News (Voices of Iraq) Independent, "We have not received a call from the crew All we know is that it is continuing military aircraft flying in our skies."

He pointed out that the responsible authorities at the airport are engaged in ongoing efforts to identify the plane.

The other aircraft Achrqet last week, the skies Kermian (South Sulaymaniyah), also did not know their identity.

http://www.google.com/translate?u=http://www.aswataliraq.info/modules.php?op=modload&name=News&file=index&startn um=31&langpair=ar|en&hl=en&ie=UTF8

Cheers!
DayDream

There will be no negativity today gang....this is our week....how's my new siggy....I was inspired by all the great oil news!!!

ODD....I visit this site everyday, now I'm getting this...

Directory Listing Denied
This Virtual Directory does not allow contents to be listed.

Translated version of http://www.iraqigovernment.org/

Very ODD!

Cheers!
DayDream

Originally Posted by DayDream

ODD....I visit this site everyday, now I'm getting this...

Directory Listing Denied
This Virtual Directory does not allow contents to be listed.

Translated version of http://www.iraqigovernment.org/

Very ODD!

Cheers!
DayDream

This is what I get....very interesting!


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Originally Posted by Gloribee

Just a guess, but could 2 Trillion be there magical number, before a reval ? I have been thinking about it, and a reval of 1:1 would mean a massive savings for Iraqi gov't. I'm not a financial advisor, But maybe Mr. Knowles could hedge a guess on this one?

Gloribee

One person asked me if I thought what was more important, the rise in the exchange rate or the removal of the dinar from the economy. Based on my understanding of quantity money theory, it is the removal of the dinar that will EVENTUALLY bring the largest gains to us as investors. How much they intend to take out, 1.5 or 2 Trillion, we will never know until after the fact. But they do have the currency reserves to make either move. If the last reports are correct and they have 14 Billion (not to mention GOLD), then they have the "punch" to reduce the money suppy to almost any level they want. But, this process can't go on forever. There are other factors influencing this process. In removing the currency, they are not allowing any dinar to in the economy, raising interest rates will have an effect on the money supply (although over a longer period of time), increasing GNP even by a couple of percentage points during this time will "absorb" dinar, increasing demand from the iraqi people and the tendency to save dinar that is increasing in value, and increasing oil money. All of these have a culminating effect to bring inflation under control and increase the value of the dinar. So, its all good for us. Let them take as much dinar out of the economy as possible, that is actually want we really want to see continue happening at this time. Thank You.

Just reminding everyone: Tomorrow is Dec 11 , 06.
Bush has taken 3 days at the White House to take care of the Iraq problem.

The rumour:
"I have a question, has anyone heard of CHK stock from Canada ? The reason I ask, is the guy that told me awhile ago to invest in it, also told me about the Dinar over a year ago. Anyway he has said that Dec 11- 14- 06 the Dinar will R/V. I sure hope he is right.
Thanks"


and an article:

...."Gathering parliamentary bloc, the Supreme Council and the Islamic alliance and the outcome of the recommendations of the Baker begin to surface
بغداد - الصباحBaghdad-Sabah
بدأ المراقبون يلمسون النتائج الاولية لتوصيات لجنة بيكر التي فجرت حراكا سياسيا واسع النطاق. ففي حين سينصرف البيت الابيض ثلاثة ايام لصالح العراق سربت مصادر سياسية ان الرئيس بوش استخلص ثلاثة خيارات للاسراع بحل الاوضاع المتأزمة، وفي كلمته الاذاعية قال بوش امس: ان هناك امورا ملحة تضغط على ادارته من أجل تغيير في السياسة الاميركية.Observers began to see the initial results of the recommendations of the Baker off the political momentum and widespread. While diverted the White House three days for the benefit of Iraq, political sources leaked that President Bush drew three options to speed up the resolution of crisis situations, in the radio speech, Bush said yesterday : that there are certain things that are pressuring the administration pressing for a change in American policy.
....."

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

Originally Posted by CharmedPiper

http://www.alertnet.org/thenews/newsdesk/KHA036467.htm

BAGHDAD, Dec 10 (Reuters) - Iraq's president said on Sunday he rejected a long-anticipated list of recommendations by the bipartisan Iraq Study Group to change U.S. policy in the region.

"I think the Baker-Hamilton report is unfair and unjust," Jalal Talabani, a Kurd, told a news conference at his Baghdad residence. (There goes the 10% theory, thank goodness. Even Talabani knows 10% won't help his country!!!)

"It contains very dangerous articles that undermine the sovereignty of Iraq and its constitution," he said.

The report by the Iraq Study Group, led by former U.S. Secretary of State James Baker and Democrat Lee Hamilton, urged more centralised control of Iraq's vast oil wealth and embedding thousands more U.S. advisers in Iraq's security forces.

There goes the munny model.

Sunday, December 10, 2006

1 Iraqi Dinar = 0.0007284 US Dollar
1 US Dollar (USD) = 1372.80 Iraqi Dinar (IQD)

Learn about the new Iraqi Dinar
Median price = 0.0006693 / 0.0007284 (bid/ask)
Minimum price = 0.0006693 / 0.0007284
Maximum price = 0.0006693 / 0.0007284

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FXConverter - Currency Converter for 164 Currencies164 Currency Converter © 1997-2006 by OANDA.com.

Daily price Bulletin buying and selling Sunday 2006/12/10

Currency
Currency Code
Selling Price In IQD
Buying Price In IQD

US Dollar
USD
1424.000
1423.288

European Euro
EUR
1881.816
1880.875

Sterling Pound
GBP
2785.914
2784.521

Canadian Dollar
CAD
1238.369
1237.749

Swiss Frank
CHF
1182.822
1182.231

Sweetish Krone
SEK
207.807
207.703

Norwegian Krone
NOK
231.733
231.617

Denmark Krone
DKK
252.406
252.280

Japanese Yen
JPY
12.252
12.245


The above price represent reference rate and does not from any commitment on the Central Bank of Iraq.

Note: The prices of the bulletin issued on Sunday will adopted for Monday also due to the weekend in New York .

Exchange Rates