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

Originally Posted by Wm.Knowles

Hello everyone. I think our friend Socata 850 has done a nice job as always keeping us up to date on where we are. Increasing at an increasing rate. This will be our theme and I think this will be confirmed this week. Since we almost had a 1% jump in a single auction, I expect we will see 1 to 2 % jumps in the value of the dinar in the next few days. Already we are viewing many reports about dinars being harder to get and the street price being more expensive than the official rate. A good sign. Market psychology is beginning to take hold. Others in the ME and the world will begin to take more and more notice and larger speculators will come into play. Since the CBI continues to buy dinar and not sell, then supply is limited and facing increasing demand. The classic situation for prices to rise. If these values keep improving at this rate or better, then a week in the Caymans is very possible/probable this summer. This will prove to be a wild ride in the next few weeks. So hold on! Everyone have a good day. Thank You.

I don't know about you, but summer in the Caymans is too HOT. Now a little vacation in the winter time, say the end of January perhaps, is just right. NOW THATS WHAT I'M TALKIN' ABOUT !!!

Another big drop guys. Also looks like more and more are getting interested in a buy up of dinars in the Middle East. Which leads me to believe a big jump is imminent. Longer they leave it the more speculators will buy up.

We're looking good folks!

Hope you all got the spreadsheet, for those that didn't, here it is below. I've got over 20 pm's and apologies but not got time to send it out individually so here it is.

Enjoy!!

Originally Posted by Adster

Another big drop guys. Also looks like more and more are getting interested in a buy up of dinars in the Middle East. Which leads me to believe a big jump is imminent. Longer they leave it the more speculators will buy up.

We're looking good folks!

Hope you all got the spreadsheet, for those that didn't, here it is below. I've got over 20 pm's and apologies but not got time to send it out individually so here it is.

Enjoy!!

STRAIGHT TO OUR GOAL!!

From elsewhere.



BIAP Exchange rate is 1380 While leaving Baghdad on vacation a couple days ago the bank inside of Baghdad International Airport (BIAP) was exchanging dinar at 1380 (buying dinar back).

Just thought everyone would like to know.

D. Abdul-Mahdi to discuss the new budget with the Economic Commission


Chaired by Vice-president Dr. Adel Abdel Mahdi, a meeting yesterday of the Economic Commission headed by Dr. Barham Salih Deputy Prime Minister and the Finance Minister Baqer Jabr Al-Zubaydi, the Minister of Planning to Papan. It was discussed during the meeting many of the financial and economic issues, particularly the recent presentation of the budget in 2007. For his part, Minister of Finance said that the 2007 budget has not undergone any change and that they fixed on 41000000003 (forty-one billion dollars and three unions)

., But it may make transfers and distributions new budget to be inclusive of all segments of the Iraqi people. In order to avoid mistakes that happened in last year's budget and confusion that happened in the implementation of investment projects. Zubaidi stressed that the conditions "new and designed to punish those who fail to implementation and the withdrawal of funds not spent and convert to the reconstruction of the implementation of large projects spending of the country. And on the amendments which had been made to the salaries of the staff early next year-Zubaidi has been monitoring the amount of 400 million dollars to make the necessary adjustments to the salaries of the staff, including the agenda increases the grades of five to ten classes will be merged with the 11th and 10th class increases and ranges between 50-70% and will increase each employee deserved starting from the beginning of January next.


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In the newspapers!


6. Call
The first page
1 - The work of the political forces. Al-Maliki : Iraq home to the largest different beliefs, religions and societies.
2-signed security agreements between Iraq and Syria.
3-the prosecution demanded the court of the death penalty for the defendant Taha Yassin Ramadan.
4-increasing disciplines of social protection network in 2007 to 1500 billion dinars.
5-retirement financial adopt the new law as of next month.
6 - The Ministry of Industry and Minerals establish the first industrial exhibition on the land of the Baghdad International Fair.
Seven-call upon the government to ratify the Convention against Corruption.
8-police forces in Karbala arrest the photographer channel Al Zawra.
9-Oil Ministry restore law national oil companies.
10-Council of Ministers allocated two billion dollars for the implementation of projects of electric power production in Iraq.
11-Mina Iraqi army donate blood for victims of terrorism.
12-Anan calls for the involvement of Iran and Syria in the settlement of the Iraqi crisis.

7. New Sabah
The first page
One-Maliki and Blair were discussing the transfer of security responsibilities to the Iraqis.
Two-national reconciliation conference concluded its work.
3-Tarek Hashemi meet senior officials in the Pentagon.
4-double the budget of Basra began as 2007, for the implementation of the best and biggest projects.

13. Morning
The first page
1-White House pays tribute to the word-Maliki in the conference, Britain renews its support for his government, Blair will meet with the President and Prime Minister in a short visit to Baghdad left about Basra
2-committees raised about 30 recommendation and keep the work continues, the parties conclude its work and results on the ground soon

The inner pages
1-Talabani and Maliki were discussing the situation in Iraq with Blair, the British Prime Minister renewed his support for the government
Two people - Mada'in demanding the formation of a military force like SpA, accused the American forces of harboring foreign terrorists in the region
3-Ramadi residents look forward to a positive outcome of the political forces
4-Ramadi residents look forward to a positive outcome of the political forces, reflected on the security situation and reconstruction operations in the country
5-Baghdadi renews call for adherence to Islamic and national unity and reject sectarian sedition
6-Sistani renews his call for unity, the rejection of violence and displacement
7 - but the results : Conference will be on the ground in the coming weeks, parliamentarians saw it as an indication to push the political process forward
8- هبوط أول طائرة مدنية بمطار قاعدة الدلتا في واسط
9-rain uprooted electricity poles and drowning in the streets of Diwaniyah and Kut, Meteorological expected to reverse today and imagine citizenry have come from the sewer procedures
10-Johi : Court is not responsible for any statements do not give direct
11-integrity seized 36 smuggled cars to Iraq at the port of Umm Qasr
12-Iran has agreed to link with Iraq by telephone
13-Abd al-Mahdi to discuss the budget in 2007 with the Economic Committee of the Council of Ministers, monitoring 400 million dollars to make adjustments to the salaries of staff

Iraqi Presidency

Dumping policies in the Iraqi market

Within the framework of the 11th meeting of the table long table presented by Dr. Salim Mohamed Aboud, Associate Director of the Center for market research and consumer protection in the University of Baghdad, a working paper entitled effects of the policy of dumping on the market and the consumer in Iraq, which stated : balancing feature and civilized one of the components of life systems and that any problems in the defense or society or the system or the network of relationships due to the state of imbalance in both components, methods or network relationships. Regardless of the reasons and motives.
يعت .The economic area is one of the most important pillars of social stability and prosperity. Since a breach in the balance of the economic equation and their impact on individuals, society and institutions, as well as present and the future and all aspects of the national security system.
.The policy of dumping represent a multi-dimensional and justifications and the beginning of domination and deepening of the gap in style and to distort the balance of economic and social as well as political objectives.
وهذا.This is reflected on the market and GNP then reflected on the efforts of the whole himself consumers and the pattern of consumer rights and to influence the choices and system protection.
study raises a number of questions
- هل - Is the policy of dumping intent? Does it have a vehicle dimensions?
- هل؟- Is the policy of dumping impact on the food security system for the consumer?
- ؟- Is the policy of dumping harmful effects on the local market in the short and long run?
- سلبية ؟- Who stands behind it? Will always negative effects?
- ماهو - What is the size of the impact of policy options to dumping the consumer public. And their legitimate rights. The United protection?
لذا:-Therefore, the present study aims to answer these questions by addressing the following points : -
-consumer rights and protection methodology
.The second axis-what-dumping policy.
.The third axis-dumping policy effects on the market and consumers.
:.First axis : consumer rights and protection system :.
.Consumer one of the parties is the economic equation. If we assume that not all the world are the producers.
..We can not imagine that there is not one consumer. A person or a society or organization is big or small. Directly or indirectly, has received several definitions in determining who is the consumer.
82.Both in terms of economic, legal, has been known to the consumer protection in Cairo in 1982.
ان..The consumer is the center of all legal activities, which created itself as a partner in the economic system after it knew his rights and economic power in the series and its producers and distributors.
اذا .If Valmesthlk concept includes all users of goods and services directly or indirectly to satisfy the needs or purposes.
.And as long as the consumer to the forms of abuse and exploitation and cheating, fraud and corruption, or the low level of goods and services and non-compliance to the standard specifications, which affected him healthy, mentally and physically, as well as environmentally, as well as the deliberate blurring of their legitimate rights.
.Consumer protection has become an essential civilization. The input of human development. Some believe that the consumer protection takes the social dimension and the political as well as the economic side, in order to link and strengthen the consumer public with a service vendor public interest.
.There can be limited system to protect consumers on the institution or the individual or willing, but the law is a collective responsibility comprehensive integrated with the merits and methods. Protecting consumers represent a social movement activities and consumers in order to protect individuals and raise their parties compared to the human equation in the market and defending the rights and interests of all are subjected to health, property and environment and the rights is not limited to the physical aspects, but legal. This has become a global consumer issue because it relates to humanity and human rights, dignity and the right to life.
after a long struggle crystallized the idea of building the system of consumer rights actors, which started four then became eight. As approved by the General Assembly of the United Nations of these rights in its 39 / 328 in the April 9, 1985, these rights can be increased.
:The review of those rights : the right to one-secure basic needs :
.These needs include food, clothing, housing, health, education, goods and other necessary services.
.To ensure this right, the General Assembly of the United Nations governments to achieve a series of actions such as a regulatory regime and the adoption of specifications and rules and international economic policies and social programs corrective action. The adoption of healthy controls and safe for food commodities.
2- حق الأمان :2-right to safety :
.This means the right to provide protection and safety of goods and services which cause harmful danger to human life therefore must ensure effective mechanisms and enact the necessary laws to ensure this.
3- :3-the right of access to information :
.This means that consumers have access to the information needed to take appropriate options and to provide it with protection from fraud and misleading advertising and false propaganda posters, through the definition and providing information and establishing bases of information to the consumer.
4- :Four-right choice :
.This right includes the freedom of consumers to choose products that wish to purchase goods from among the multiple and at reasonable prices and acceptable.
5- :5-the right to representation and participation :
وهو .It brings to the consumer the freedom to listen to his opinion and participation in the preparation and implementation of policies and take the appropriate ways to develop and strengthen these policies, through facilitating the establishment of organizations and associations and bodies and institutions of consumer protection for the lives reflect the consumer.
6- :6-the right to compensation :
له.This includes the right of consumers to obtain fair compensation in the case of damages of goods and services obtained, and this will be done through legislation and the right of defense contained him.
7- 7-right education :
.This confirms that the individual right to a culture of protecting consumers in order to assist in the optimal choice of goods and miscellaneous services commensurate with the potential of the material. This is done through various outreach programs and participate in the sessions and the media.
8- :8 - the right to live in a healthy environment :
.This ensures the right of the consumer to live in the vicinity ensure him an environment free from pollution, through all the procedures to ensure the balanced development of the use of the environment and its components.
.. والان:The second axis what dumping. Understood. Species :
ان.There are some concepts that may overlap with each other with the differences in concepts and purposes of this diverse, and the process of framing the concept is a gateway to know the scope, methods and effects. And thus be able to study ways cooked or treated.
.The dumping. Of those concepts which, along with a number of concepts from near or far. Or when some people seem so. It may mean the continued provision of goods and services or the sweep or accumulation. On the common-dumping : the sale of goods from abroad, the lower price on the value of which is sold in the local market or sometimes less than cost.
".The latest dumping known as "the introduction of a product to the State at a price less than the normal value. This is intended to support the continuation of the export price in order to control the market and then a monopoly in the next. "
..Dumping and form of invasion or the invasion will occur due to the effort and marketed or different purposes and whether dumping is selling goods in foreign markets for less than the marginal cost. This means that the State or the bear losses in the short term but will in the long-term monopoly of the market and profits, as well as the events following the expulsion of non-declared competitors and to be able to market mechanisms and tools.
لاغراقTypes of dumping policies
:- Dumping and its multiple forms of which are as follows :
- speradie dumping- Dumping charter speradie dumping
.This is not my purpose is the inundation of the target market in large quantities, but for once it may be the result of poor planning or to Have Indiscriminate import or lack of a marketing or produce cases affected the world markets has not been this kind unless they follow a long installments or situation.
.The recurrence of the dumping, but not on a continuous basis and, once again, without continuing the continuum.
- الدائم long-period dumping- Dumping continuous or permanent dumping long-period
.This situation continued flow of quantities and prices and sequentially related with the existence of the plans in order to the long-term objectives.
.This would then have the dimensions and features or features of the dumping of the most important.
- It is intent and objectives. Or it may end requirements continuously.
- .- Source external capacity and potential to assume sacrifice in the beginning.
- .- There is an environment and conditions and the factors and climate.
- منافسة.- Targeting specific markets, a country or a group or competitors.
- الكلي.- There is the possibility of exploring the competition and study the reality of the consumer market and the nature and predictability of the size of the new relationship between demand and aggregate supply.
- .- Has to verify the dumping policy objectives often Matvchel.
- .- Dumping policy have connections and justifications had Atalj only because the laws behind organizations and international companies.
:Dumping and justified from the perspective of those wills or owners who are looking to dominate the economies of globalization or global organizations and international linkages that make the Masaka resolution remains consistently effective as well as the sustainability of the digital civilization. These justifications :
- .- Competitive justification and to exclude competitors.
- .- Justifications marketing is working to penetrate the markets and influencing consumer behavior target.
- .- Economic and social justifications.
- .- Would serve no justification strategy that seeks States or certain quarters.
- .- Justifications and the imposition of political wills to control and control system and other dependency.
- Random variety of justifications may result from poor marketing system, import or reason for the markets of smuggled goods.
المحور الثالث:Third axis :
.The impact of the policy on the dumping of consumer rights and protection system that the policy of dumping the intent motivated and goals behind them countries or organizations, has suffered many of the developing countries to a conspiracy dumping directly or indirectly, as the industrialized countries more than in 2500 on a policy of dumping against developing countries ... Especially in the light of WTO formulated for the purpose of the dominance of the major industrialized countries, which suffer from plenty productive at the same time exploiting the deteriorating situation of underdeveloped countries, which could not catch up with technological advances. As well as the high cost of development and problems of verification in the light of the gap, and the theory of dependency and that there is general agreement on trade and customs duties allow States to use countervailing taxes in the case of dumping ... This was adopted by the WTO as an important exception would enable the developed countries to be used in case of damage to these countries stronger party in products exported by developing countries, while developing countries, including Iraq allows bulk of the practice and application of this consultation, the low elasticity of demand for imports and the urgent need for various types of goods is in the process of development projects or to meet the needs of the population of goods and services ... It has resorted to the methods developed countries discriminated against developing countries, through anti-dumping measures and countervailing duty measures, has found that the rate of 66.6% of total control and dumping action taken during the period (1999-2000) against developing countries.
[As well as the policy of structural adjustment and economic reform, the removal of subsidies on many products, institutions or activities for the purpose of all this globalization of consumption patterns and the opening of markets States unconditionally
.And Iraq from developing countries, which were among the wave of domestication, the description of the economics of vital resources under the control of the monopoly and the ******* of globalization has been Iraq's economy in the lean years to the siege helped introduce distortion to institutions and the process of development and building dispersed Then came the occupation in 2003 did not spare the State nor the institutions, rules and my son and master development programs and scientific tables and the economy and law and control systems. It shook all systems balance both in capacity and capability, the network of relationships or values, controls and ethics. And all the broken infrastructure and the Iraqi market before the attacks Menkshva imports from various countries and different origins, which makes it more difficult to these calls or ill-considered relevant and which demands Iraq's accession to the World Trade Organization and this is part of the recipe, assessments must be implemented. Without preparation, and the establishment of rules to strengthen the competitiveness of domestic production leading to a level to satisfy needs or domestic demand ... And makes the country enters the organization has the potential and ability to identify negotiating options, and so will the future development.
effects of the policy of dumping?
؟What are the trends influence?
؟Is it positive?
ففي..In Figure year that the policy of dumping them on the positives of the market and consumer and local industries, but for the very short ... Whatever the positive impact this constitute the end adversely impact the policy of dumping the local industries is compromised by the impact on manpower, especially technical or specialized Either turn to the work of ineffective or contemplating migration, as well as the independence of the raw materials and then re-export and prevent national industries benefit from local raw materials. As part of the effects of dumping is crawl towards the United National Security through the impact on the food security of consumers and related industries through the use of food as a means of imposing wills Arka and the industrial countries as well as the prices offered by the moderate and appropriate quality and all of this reflected on the balance of the local market, which inevitably reflected on the consumer public.
حمايتهمIn light of the weakness of control systems and the absence of institutions and industries and Abramj to development and stability with the presence of the purposes strategy makes the Iraqi market targeted in the curriculum developed countries of dumping which makes consumer public directly of their rights and options, and system protection
:-In light of the nature of the policy of dumping in the Iraqi market, the consumer has Matardh Iraqi blurring of Rights through the analytical reading can be an indication of the relationship influential body of the policy of dumping and methods on the United consumer rights ... , As follows : -
1- ..1-dumping policy. Athtm or to take into account the balance of the basic needs (food, clothing, housing, health, education and essential services. Etc.) and Atrai justice or equality of opportunity or the adoption of rules and health controls safe. Or take into account the average income or limited or low.
.But look from the perspective of the will of dumping what they aspire to, regardless of whether implications for human needs or desires.
2- .2-dumping policy that is not interested in providing protection and safety of goods harmful caused danger to human life ... Not interested in marketing products stored for long and has lost standard specifications.
3- -dumping policy that is not interested to provide the knowledge and information that allow consumers the opportunity to take appropriate option with the lack of interest in providing protection from fraud and misleading advertising and publicity posters false or troubled.
4- يار.4-dumping policy that might see on the surface, allow consumers the right to choose from during the accumulation and the diversity of goods and services, but in the end, how to reduce the alternatives and options available to the consumer is the success of dumping in the task of expelling competitors target market with inflated prices by monopolists and contrary to the right to choose.
5- ائج.The 5-dumping policy objectives behind countries, companies or organizations Atnzar to the target market and the consumer public as part of the policy-making or the possibility of their participation and listening to the opinion ... But it strategically purposes beyond the view of feeling and the needs of consumers, the challenge for the domestic market from the effects or results of the consumer.
6- .6-dumping policy that the source of external and is often not known or has the capacity to impose its conditions thereby depriving consumers the right to compensation for damages in the case of goods or services obtained and this is reflected upon the United defending the rights of consumers and protect them from any harm and just claim their rights and do not serve as dumping policy.
7- انdumping policy for the promotion of goods Athtm only without considering the right of quality education for the consumer or the development of consumer culture or a degree of awareness about what can be an optimal choice of consumer goods and services.
8- ان-dumping policy for Athtm safety and the environment in which they live Ocean consumer may result from pollution due to waste or certain goods or harmful effects of future goods are issued to the bad target market may accumulate their effects on consumer health and the environment in the long term. Finally,
ان.The policy of dumping stands behind the United domination and the philosophy of the clash of civilizations end of history or the globalization of poverty and thinkers who seek hard to drain and the plundering of resources and the continuation of the digital divide all levels ... As well as the possession of capabilities and the possibilities it could not affect a significant risk in the markets of ancient history attests to the potential seizure and control of the volatility and have the ability to absorb the variables How dumping policy. With market fluctuations have very many elements of development, stability and exposed to all the markets of the world, such as the Arab market.
المصادرSources
1-د1-d. Plasm Jamil Al-Dulaimi ... The economic and social impact of fraud on consumers, the Iraqi industrial Scientific Conference II of the Center for market research and consumer protection-Baghdad University .2006.
2- 20052-d. Salim Mahmoud Aboud. Towards the formulation of strategy for the protection of Iraqi consumer magazine Iraqi papers. Number (3) / 2005
3- د-d. Thaer Mahmoud Rashid ... The problem of food security in Iraq under the policy of dumping and membership of the World Trade Organization Food Security Conference-University of Baghdad - the market research and consumer protection in 2005 p. 39
م-Mohsen Ahmad Hilal. Dumping and Subsidy prevention. The Economic and Social Commission for Western Asia, the United Nations New York 2001
5- . 20055-Nabil Sadoun virgins. The policy of dumping and its impacts on the national industry and the consumer ... The food security-Baghdad University and the Center for market research and consumer protection. 2005
6- د. -d. Fahmi Abdel Aaziz structure. Encyclopedia of economic and statistical data. Dar Al-Nahda Beirut 1986
7- د-d. Hassan Najafi. Economic dictionary. Baghdad 1977

Just woke up, brain not functioning, what is dumping?

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Got this from a friend of mine this morning, he went to Barclays Bank. We know they are held in the UK, but sounds like they're 'drying up' folks.


Yesterday I tried to order some IQD, but the bank (in Croydon city)
said it could not be done since the notes are NOT held anywhere in the UK.
It looks as though I'll have to use some other method.

Iraq's Economy is Booming - Newsweek: International Editions - MSNBC.com


Blood and Money

In what might be called the mother of all surprises, Iraq's economy is growing strong, even booming in places.

Originally Posted by Adster

Got this from a friend of mine this morning, he went to Barclays Bank. We know they are held in the UK, but sounds like they're 'drying up' folks.


Yesterday I tried to order some IQD, but the bank (in Croydon city)
said it could not be done since the notes are NOT held anywhere in the UK.
It looks as though I'll have to use some other method.

Things are looking very very good!

Not looking for a RV anymore now until new fiscal year, they need the last days to fix that HCL.

Hell I am curious how they are gonna start their 2007!!