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

http://www.iraqigovernment.org/priem...-25-6-2006.htm

Translated for easier reading
The name of God, the Merciful The draft reconciliation and national dialogue Mr. Prime Minister Nuri Kamel Maliki announced a draft national reconciliation in the House of Representatives today, Sunday, In order to emphasize unity between the sons of the Iraqi people and consolidating the national unity and create an atmosphere of love and harmony between the various components and to address the effects of terrorism left and administrative corruption, but that the atmosphere of mutual confidence. The circulation of the spirit of citizenship that are equally dedicated to Iraq when all the Iraqis of their rights and duties, without discrimination on the basis of sectarian, ethnic and political partisanship, in order to build a broad national front to the challenges and benefits of the process of building Iraq and the welfare of its people and the restoration of full sovereignty will. In order to regain the leading position Iraqna Aziz regionally and internationally that call for every initiative of national reconciliation and dialogue, which are based on have been the pillars : - 1-dependent mechanism. 2 - The principles and policies required. First : mechanisms A-Formation of a national high (on behalf of the national project of reconciliation and national dialogue), representatives of the three authorities and the Minister of State for National Dialogue, representatives of the parliamentary lists comprised within the political forces and independent personalities and representatives of religious leaders and clans. B-forming subcommittees in the provinces by the Supreme National assume the functions of the Board to expand horizontally reconciliation. V-formation of committees to conceptualize the field of culture and information and follow up the process of reconciliation and evaluation stages, to be highlighted. ث*-conferencing various segments of society such as : 1 - the religious scholars to support the process of reconciliation and issuing fatwas supporting the mind Picket Rope of Allah. 2-Conference of Heads of clans issued by the Charter of the honor to meet state rivalry and the defeat of terrorism and the corrupters. 3-the power of political actors in the arena pledged state support and protection of the political process and face the challenge of terrorism and corruption, and the declaration of a national covenant. 4-invite civil society organizations to carry out all activities, conferences, awareness campaigns and education to achieve the objectives of a national dialogue and reconciliation. Second : the principles and policies required 1-Adoption of rational political discourse by political forces participating in the political process, and the government to restore and deepen the spirit of confidence and reassurance parties hesitant and impartial information. 2-Adoption of the national dialogue sincere in dealing with all the visions, insights and political positions contrary to the government and the political forces participating in the political process. 3-Adoption of the constitutional and legal legitimacy to solve the problems of the country and addressing the phenomenon of physical liquidation and efforts to control this dangerous phenomenon. 4-To take political forces participating in the government, who refused to stand against terrorists and Sadamiin. 5-amnesty for the prisoners who were not involved in crimes and acts of terrorism and crimes against humanity, the formation of committees for the release of innocent people as quickly as possible, Ragheb and undertakes to obtain amnesty opportunity to denounce violence and to pledge support of the government elected in a national law. 6-prevention of human rights violations, and to work on prison reform and punish those responsible for crimes of torture, and the empowerment of national and international organizations to visit prisons and inspected the conditions of prisoners. 7-discussing with the multinational forces in order to develop mechanisms to prevent the violation of human rights and civilians during military operations. 8-solving the problems of the now defunct especially as regards the offender economic and benefit from their experiences. 9. Re-examination of the body to uproot the Baath as stipulated by the constitution and subject to the law and the judiciary to take a professionally and constitutionally. 10-Take prompt action to improve services, particularly in hot spots. 11-activation of the preparatory committees that emerged from the Cairo conference of national reconciliation in coordination with the United Nations and the League of Arab States, to encourage the peace initiative of Baghdad. 12-Arab regional Islamist movement balanced by the government to develop a government of what is happening in Iraq and win the approval of the national reconciliation process. In particular governments that support or condone terrorism. 13-Work hard and fast to build armed forces that will administer Iraq's security prelude to the withdrawal of the multinational forces. 14-Work hard and fast to reconsider the building of the armed forces of the Ministries of Defence, Interior and others on the basis of professional and national because it will manage the security of Iraq, received the security file of livelihoods multinational before its withdrawal. 15-activate resolutions in support of the victims of the previous regime, compensation and the potential for improving living conditions and services in disadvantaged areas throughout Iraq. 16-Removal of obstacles to the participation of any Iraqi citizen or organization wishing act in accordance with the constitution of Iraq and the building did not commit a crime. 17-Allowances for those affected by terrorist acts and military operations and violence. 18-activation of the role of the judiciary to punish offenders, The only reference made in dealing with crimes and symbols of the former regime and terrorists and gangs of murder and kidnapping. 19-Making the armed forces are not subject to the influence of the political forces competing and not intervene in political matters. and resolving the issue of militias and armed groups, illegal addressed politically, economically and security. 20-unify visions and attitudes towards terrorist elements and groups and satisfaction that antagonize Iraq and the Iraqis. 21-start campaign and extensive reconstruction of Iraq affected all regions, and addressing the problem of unemployment. 22 - The results of the elections of parliament and the constitution and government of national unity are all institutions the sole legitimate representative of the will of the Iraqi people to deal with the issue of sovereignty and the presence of multinational forces. 23-Work to restore the displaced to their areas by the government and the security agencies to ensure their return and protection of saboteurs and terrorists and compensation for the damage caused to them and to adopt a policy of strict security to ensure the protection of people and their non-subjection to blackmail and coercion. 24-arrests and inspection under judicial orders issued before the raid and the arrest, and the adoption of the information is not confirmed and extended, to the extent that they are incompatible with human rights and the orders of military operations official.

DUBAI - Iraq has sold four million barrels of Kirkuk crude to US oil major Exxon Mobil and Turkish oil refiner Tupras from a tender for 6 million barrels, state oil marketer SOMO said on Sunday.
It said in a statement that both companies would take 2 million barrels each. SOMO gave no further details.
Iraq on June 19 issued its first tender since last August to sell 6 million barrels of Kirkuk between June 27 and July 1.
http://www.khaleejtimes.com/DisplayA...=business&col=

Originally Posted by clueless

Just to break the quiet a bit.. I am getting a very strong feeling that when the reval does happen.. the amount will be in the .25 USD to .30 USD per dinar range. Completely unsupported by any real information, based only on the fact that is the range where it is most difficult for me to decide how much to exchange and how much to hold..

Ok.. back to waiting mode..

Makes perfect sence to me. At that reval, I think I would only let go of 250k ande wait to see what happens. Hey, anyway we look at this, as long as we come out with a profit, it will be good.

Mike{OSW} or Adam{ADSTER}...what are your opinions after hearing Maliki's proposition earlier today to parliament??....it would seem we are closer then ever to a peg....IMHO....Pat

Quiet morning here.

Calm before the storm, maybe?

Mike and Adam your wisdom on recent news, please.

FYI Those looking for more dinar?

The link in my signature is most helpful.

Success to us all.

Kozmar

Originally Posted by bigopie

Mike{OSW} or Adam{ADSTER}...what are your opinions after hearing Maliki's proposition earlier today to parliament??....it would seem we are closer then ever to a peg....IMHO....Pat

Hi Pat,

Yes, the more I hear the more I like it. Things are moving so quickly that it is hard to stay up with it. No doubt about it, Maliki is a man on a mission, and he is pushing hard in all directions to end the violence, and I commend him on it, I just hope he has good protection for if he is attacked, it will be devestating for country, and this is the kind of grandstand I am sure insurgents are thinking about. I just hope he announces the share the wealth program to give the people some hope to route out the evil still hiding and being fed by Iran. This would make my day if he announced every family would recieve a share in oil profits. (g)

Good luck to all, Mike

http://www.iraqdirectory.com/DisplayNews.aspx?id=1566

As prices gyrate families find harder to make ends meet

25/06/2006
Source: Azzaman

Apart from the relative stability of the local currency’s exchange rate, prices of most commodities in the country are volatile.

And the biggest headache for Iraqi families is fuel despite their country’s massive oil reserves.

Fuel prices have spiraled to levels far beyond the means of most families in Iraq.

Officially, fuel rates are still far below those prevalent in neighboring countries.

However, most fuel in Iraq is sold on the spot market. In other words it is smuggled from state-run inventories and filling stations and resold at exorbitant rates on the street.

DR. Salem Mohammed, a marketing specialist and researcher at Baghdad University’s Consumer Protection Center, says the struggle against unpredictable and highly volatile prices is part of the struggle to live in Iraq.

“Iraqi families have been suffering for a long time. Income and wealth have been distorted in Iraq. For decades we have not seen a logical connection between what a family earns and what it needs to spend,” he said.

He said there was no economic logic in the way prices were set in Iraq, adding that economic relations and rules were hard to explain relying on the way Iraqi market moves.

“These conditions have created numerous problems for Iraqi families who have lost the blessing of family budget planning or stable income,” Mohammed said.

“The only thing Iraqi families have grown to master is belt-tightening and when this fails and I regret to say many resort to illegal means of earning an income,” he added.

Wisasm Adnan, married with four children, says his government income is insufficient and is obliged to moonlight.

“My monthly salary hardly covers the charges of subscription for the makeshift power generator in our neighborhood,” he says.

Hafidh Hassan, another government official, said when government wages were boosted following the overthrow of the former regime in 2003, planning a family budget was possible but only for a short period.

In the aftermath of the U.S. invasion, fuel became scarcer and dearer which eventually boomeranged on almost all commodities while wages have remained the same, he said.


Why they need it revalued asap!!

Originally Posted by eric69

sorce CNBC WORLD NEWS U.S.TV. eu. ofers dill that will lead to irac membership in WTO . Adster or mike what do you think about this?

please ........your thoughts?

Originally Posted by eric69

please ........your thoughts?

Iraq are already on the way to being part of the WTO. There are something like 6 or 7 stages and they're about halfway there I believe. Can only be good news for us once they are FULL members of the WTO as to be a member of the WTO countries have to have a fully convertible currency that is exchangeable worldwide and be listed on the forex markets.

At the moment we don't have that with Iraq.

Iraq oil output hits record level
June 26, 2006

IRAQ'S oil production is now over 2.5 million barrels a day, a record since the fall of Saddam Hussein, the country's oil minister said overnight.

Oil Minister Hussein Shahristani said on US television that Iraq hopes to be producing 4.3 million barrels by 2010 and to be challenging Saudi Arabia as the world's largest producer by 2015.

http://www.newsnow.co.uk/cgi/NGoto/148444951?-1377