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

Can anyone confirm that the Dec 11th & 12th meetings are actually happening? Where are they being held? This is day 2 of the event and nothing has come out? I find this very disturbing - can anyone who knows anything please post??

The government is also facing another problem is the high unemployment rate, especially among young people. Officials say that the unemployment rate between 30% and .4%.
Jabr said he was not worried of possible negative repercussions of the dinar because of the rise in the Central Bank's reserves sufficient to support the currency.
He went on to say that the dinar is strong and the Central Bank of Iraq is one of the best central banks in the region with the exception of central banks in the Gulf as it has reserves of 15 billion dollars of hard currency to the exclusion of gold is dedicated to the support of the dinar.
Translated version of http://www.alsharqiya.com/display.asp?fname=aboutus%5C2006%5C008.txt&storyti tle=
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value amounts to hundreds of billions of dollars, and here like to note the fact that that gold is to cover the the value of the Iraqi currency
Translated version of http://al-moharer.net/moh198/fouad198a.htm

Originally Posted by Mike5200

Can anyone confirm that the Dec 11th & 12th meetings are actually happening? Where are they being held? This is day 2 of the event and nothing has come out? I find this very disturbing - can anyone who knows anything please post??

The only thing i've seen is mentions here and there on different news sites, but nothing to validate they took place, still looking though

not news and its old but good reading

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The successful United States led invasion and overthrow of former President Saddam Hussein in spring 2003 has turned this nation of Iraq to a possible future of great wealth and stability in the long term. Under former President Hussein’s regime, Iraq was a country of two societies, one that was very wealthy living in opulence and the other where the majority of Iraq’s people were fighting for survival. At the end of Gulf War I in 1991, the implementation of economic sanctions by the world community further crippled Iraq both economically and socially following a brutal 8 year bloody war with Iran during the 1980’s. After Gulf War II in spring 2003, much of the Iraqi infrastructure was destroyed although massive Western monies are now in due process for rebuilding. However, violent insurgencies and coalition deaths still prevail in a current time of disarray and war under way. Below is a detailed discussion of our findings and its relation to the Iraqi currency, the ‘dinar’.

The war with Iran cost Iraq in excess of $100 billion USD while an economic embargo sponsored by the United Nations (‘UN’) from 1991-2003 have had a further net cost of $150 billion USD in lost oil revenues to Iraq. It is no surprise that today Iraq remains in default of its huge net external sovereign debt estimated at $122 billion USD ($40 billion USD to Paris Club and $82 billion USD to sovereign nations). Inflation during the 1990’s reached a staggering 100 percent level resulting in a collapse of the Iraqi dinar with very little global purchasing power parity although the previous official exchange Iraqi exchange rate is an illusion to the real economic situation that took place in Iraq during Mr. Hussein’s rule. Iraq funded its war with Iran by borrowing from foreign markets abroad, particularly Kuwait. In the early 1990’s when Kuwait called in their loans coupled with a disputed oil border, Iraq invaded. Since 1989, the Iraqi economy collapsed and by the mid to late 1990’s GDP was down 60 percent with sanctions. However, by the late 1990’s, Iraq implemented a massive contraband oil smuggling operation of which brought in billions of US-dollars into then Mr. Hussein’s regime.
Iraq should be one of the wealthiest nations in the world today with its huge oil reserves if had responsible management, but this has not been the case for decades and even before Mr. Hussein’s tenure. The risk is that even with a U.S. sponsored puppet government, Iraq has had a very turbulent history of government. The ethnic make-up of Iraq consisting of different factions of tribes and cultures similar to Afghanistan makes Iraq a very difficult country to govern. Overall country risk remains very high for Iraq for at least the next 2 to 3 years, NID currency speculators take notice.
UPDATED: July 1, 2004

full story follow link: Bankintroductions.com - IRAQ

Originally Posted by $onedaysoon$

The government is also facing another problem is the high unemployment rate, especially among young people. Officials say that the unemployment rate between 30% and .4%.
Jabr said he was not worried of possible negative repercussions of the dinar because of the rise in the Central Bank's reserves sufficient to support the currency.
He went on to say that the dinar is strong and the Central Bank of Iraq is one of the best central banks in the region with the exception of central banks in the Gulf as it has reserves of 15 billion dollars of hard currency to the exclusion of gold is dedicated to the support of the dinar.
Translated version of http://www.alsharqiya.com/display.asp?fname=aboutus%5C2006%5C008.txt&storyti tle=
_______________________________________________

value amounts to hundreds of billions of dollars, and here like to note the fact that that gold is to cover the the value of the Iraqi currency
Translated version of http://al-moharer.net/moh198/fouad198a.htm

This is a higher estimate of their (CBI) currency reserves. Lately, we heard of 14 billion, a couple of months ago it was 12B. So these numbers are going in our favor. Also that gold is in place to back the dinar. Interesting Hmmm.
Just how much money do these people really have? We might not ever know until its all over, their currency has the management,(CBI), the plan and the hard currency (USD), gold, and oil income to make this currency a lot more expensive. Thank You.

Originally Posted by lndmn_01

At the current rate everyone would get $2117, they have a total of $ 1 billion allocated for this. That means 472,366 people will get the grant of $2117. That's a lot of people who are going to be buying land. It would be interesting to see what you can get for $2k in Iraq...

I think they meant it to be a Down payment for a Mortgage. I don't think they meant for people to buy the house outright.

Originally Posted by Onenomad

After reading alot of your posts i'll be happy to buy all your dinar off you PM if interested Cheers

20k per million sounds about right. How many you want?

It was held a few days ... The political forces and the difficult decisions
Abdel Karim al-Jizani

A few days separate us from the time the time of the political forces advocated by Mr. Prime Minister Nuri al-Maliki of reconciliation and national dialogue, which will be many parties and organizations to participate in the Iraqi government will also many independent political figures and some other powers which are outside the formation of a government of national unity or outside parliament.
Iraqis are looking forward to the convening of this conference at the earliest opportunity and identified the Day of 16 / 12 / 2006 HOPE from the conferees. Be unable to get out and Enforcement of courage to stop the drain of blood and stop the deterioration of security which leading them the tragedies of more than it utterly insupportable and work to build bridges of the continuation of national dialogue to deal with the files the complex will contribute solved of restoring security and stability to the homeland, and secure the effective participation of each of the rainbow Iraqi regime without exclusion or marginalization of one of only Zumor pinprick in Altkverein and Sadamiin and who polluted their hands the blood of the sons of the Iraqi people. These are the true enemies of Iraq and Iraqis can not in any way be negotiations with them or meet them, and this is what was confirmed by both political leadership and the blocs participation in the national government.

It is truly regrettable, especially as we are going through a very sensitive and difficult circumstances, more than ever before to declare the Association of Muslim Scholars refusal to participate in this conference, which is trying with all its strength to inject the blood of Iraqis and removing the specter of sectarian sedition abhorrent which includes many of clerics and scholars who long as they announced the souvenir blood Iraq and the sanctity of this precious blood and confirmed that by signing the document Mecca, but that the Iraqis were surprised by this rejection in the words of Sheikh Mohammed Bashar al-Faydi, spokesman for the Authority under the pretext that the call for participation are not reached yet.

Political observers enemy this refusal is is an attempt to abort the Conference With several others that the body its resolution that which does not serve the interest the Iraqis will serve servicing terrorists, Instead of participates in the Conference seeks to stop the bloodshed in Iraq they contribute, in one way or another the continuity of bloodshed and killings on the identity and forced exodus and thus Authority will be responsible future from any crime targeting innocent civilians especially, and that document Mecca shoulder signatures and the legislative and moral and humanitarian imperative for them to meet this pledge (believers of when evil) Faye exit of on this principle of Forensic would be a departure from the unanimity Muslims in the reunification and the maintenance of national unity and the unity of Muslims and stop the deterioration of security.

The conference will be a success-God - and future indicators confirm that Mr. Prime Minister Nuri al-Maliki would get through this conference new initiatives and perhaps announce the cabinet reshuffle in the government, particularly considering that many of the courageous decisions difficult have been taken to meet the demands posed by many of the armed groups that want to engage in the political process and to lay down arms, and most of these are the demands in the provision absorbed.

The support of the government of national unity, which seeks to involve everyone in the political process is the foundation that must be launched from the forces that claimed alleges keenness on the unity of Iraq's land and people and that the golden opportunity and the first option to reunite and gnashing of the wounds and overcome the negatives that accompanied the Iraqi standoff, which has escalated in many of the forces, whether deliberately or unintentionally.

وکالة الفرات العراقية للانباء

Cheers!
DayDream

An official in the criminal court to try Saddam and his aides, "We are considering the possibility of the execution of Saddam and Barazan Albandar and at one time in the same day." He continued, "perhaps bury Saddam in a secret location and his body recognizes perhaps later to his family, according to Islamic tradition can revive the grave after the burial."

He said, "The government will work to prevent the establishment of a memorial to Saddam in Iraq." The High Criminal Court issued on the 5th of November last Saddam a death sentence hanging with two of his aides after being convicted in the killing of 148 Shiites in Al-after a failed assassination attempt in 1982.

Sentenced to Taha Yasin Ramadan, Vice-President of the Republic, to life imprisonment and won three of the Baath officials implicated cause provisions sentenced 15 years, while another was acquitted.

The official confirmed that "the death penalty will be implemented soon after the Court of Appeal sentences."

He added, "I will not waste time, and we will deal with the security situation and will be executed immediately when the first opportunity arises after the Court of Appeal issued the final confirmation in this regard."

The nine judges of the Court of Appeals deliberations currently on sentences, and there is no deadline for them to issue final judgments inalienable appeal. Under Iraqi law on the implementation of provisions, if confirmed by the Court of Appeal, within a period of 30 days.

Cheers!
DayDream

The official confirmed that "the death penalty will be implemented soon after the Court of Appeal sentences."

When is this to be carried out?