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

Iraq : a big leap in the price of fuels

(Voice of Iraq) - 12 - 18-2006
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Baghdad-Adel Mahdi life-18 / 12 / 06 / /

Dominating the market of oil products in Iraq, the chaos of the price increase in an unprecedented manner in light of the skepticism of the ability of popular officials in the Ministry of Oil to meet the needs of the citizens of oil derivatives, in particular domestic gas and diesel before the onset of winter, despite reiterating the existence of large stocks of oil derivatives.

The prices of petroleum products to the highest rates in the black market, it increased the price of gas cylinders to 25 thousand dinars (18 dollars), while the price per liter of diesel thousand dinars. The news media about the ability of citizens to their hopes and Oil Minister Hussein Shahrastani to end the crisis of oil derivatives, and put an end to the networks, which plays need citizens have vanished, the solutions proposed by the level of corruption was rampant in all joints derivatives distribution network from the source to the citizen. The news media organizations details of the activity are called «» sailors, or the black market, who are still ******* of the market, the price of fuel makers. Citizens and accuses officials of the Ministry, b »« blind eye on abuses in the Journal of packaging and distribution, and collusion with the mafiosi manipulate the interests of citizens. He warned citizens of a crisis, fuel range, in the event of continued Iraqi Oil Ministry to ignore the causes of the current crisis, and the crazy rise in the prices of fuels and put an end to the activity of the black market.

The Cabinet-Minister of Labor and Social Affairs participates in

(Voice of Iraq) - 12 - 18-2006
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The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
Press Release Press release /
Monday 12 - 18-2006


Minister of Labor and Social Affairs participates in the work of the fifty-sixth session of the Council of Arab Ministers of Social Affairs held in Cairo


Part of the Minister of Labor and Social Affairs, Mr. Mahmoud Mohammad Javad in the work of the fifty-sixth session of the Council of Ministers for Social Affairs Arabs to discuss the agenda before the session to be held in Cairo.

Presentation of the facts of the presidential meeting, which was yesterday

(Voice of Iraq) - 12 - 18-2006
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The Republic of Iraq
The Office of the President
Press Office

News : presentation of the facts of the presidential meeting had been held yesterday with British Prime Minister Tony Blair
December 18, 2006

Publication Press Office on yesterday, Sunday, 12-17-2006, issued a press release on the joint press conference of President Jalal Talabani and British Prime Minister Tony Blair, and publish a report on the following meeting, which preceded the conference.

At the beginning of the meeting, which was attended by both President Jalal Talabani and President of the Kurdistan region Masoud Barzani and Vice President Adel Abdel Mahdi, Prime Minister of the Kurdistan Nigervan Barzani, and Deputy Prime Minister Barham Salih, the former Deputy Prime Minister Rose Nouri Shaways, and the Minister of Water Resources Latif Rashid, and Chairman of the list of the Kurdistan Alliance in the House of Representatives, Dr. Fouad Massoum addition to the Army Chief of Staff Babacar Zebari.
His Excellency the President of the Republic started with a presentation on the political and security situation in Iraq and on efforts to standardize the moderate forces that believe in democracy, which is hoped to be a turning point in support of the government, Mr. Prime Minister Nuri al-Maliki in a cabinet reshuffle expected.

President Talabani also spoke to some of the efforts to divide the Iraqi people and the convening of a conference in Istanbul, tried to deepen the differences Iraqis.

For his part, British Prime Minister Tony Blair, for me, the issue is the existence of a strong political track reuniting all, and the possibility of building the armed forces well to ensure the protection and the application of the will of the majority.

The President of the Republic, agreed with this proposal, the creation of a gathering comprising moderate forces, and added "we will talk with all those who accept national reconciliation, and there are a lot of these forces that we can discuss with them."

So, the President of Kurdistan Mr. Masoud Barzani President, the British Prime Minister, said in his talk on the need to put their house in order Iraqi and building a state of law and stressed, "We as a people in Kurdistan are ready to support and strengthen the Front, which is hoped composition of the forces that believe in democracy all our possibilities," adding "We have come to a good result in the formation of this front and I hope that we can reach a final result to confront extremists and terrorists."

He also called on the President of Kurdistan Mr. Blair to visit Kurdistan region "so you will see the result and the fruit of your effort, which is not of mass and devastation, and you can see with your own eyes the safe area and your and your burgeoning."

For his part, the Vice President Dr Adel Abdul Mahdi, Iraq is now going through a new stressing that we have our, we have a political movement with strong support of the people, we are trying to overcome our difficulties, we have a government of national unity, we have not been able to obtain them in the past, and have the support of the international community, and added, but we need to activate the resolutions to counter terrorism and make the government the only institution bearing of arms. And he stressed that the government of Prime Minister Nuri al-Maliki now enjoys the support of all.

Participated in the debate, both Messrs. Nigervan Barzani, Dr. Barham Salih and the other gentlemen present.

The Oil Ministry restore 122 to function politically segregated

(Voice of Iraq) - 12 - 18-2006
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The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
Press Release Press release /
Monday 12 - 18-2006



The Oil Ministry restore 122 politically segregated to function after they meet the required conditions


The Ministry of Oil has decided to politically segregated 122 to function after that met the conditions required to do so.

A source said in the ministry : that those sent back for service functional been deployed in the Ministry's companies, where returned to Oil Products Distribution Company 33 and the South Oil Company 5 and North Gas Company 7 and North Refineries Company 10 and Midland Refineries Company 11 and Company oil exploration 1 and Oil Projects Company 4 and Company pipelines 6 and South Gas Company 5 and Drilling Company the Iraqi 6 and the Institute of oil Baghdad 6 and the Institute of Kirkuk oil 3 and Gas Filling Company 5 and the Iraq Oil Tanker Corporation 8 and the North Oil Company 11 and the Center for the ministry 1 and the Center for Research and development 1.


He stressed that the ministry continues to review and check the files on this and the remaining portion to consider the possibility of a repatriation service career, and mentioned that the ministry has to serve more than 3500 politically segregated in previous resolutions.

Cabinet Secretary-Baghdad announced that the Secretariat had signed contracts

(Voice of Iraq) - 12 - 18-2006
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The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
Press Release Press release /
Monday 12 - 18-2006

Secretary of Baghdad announced that the Secretariat had signed contracts and referred the reintegration projects exceeded their 1000 billion dinars


The Secretary Saber Eissawi Baghdad that the secretariat of Baghdad and signed contracts and the transfer of reintegration projects during the current year, valued at more than 1000 billion Iraqi dinars.

This came in the extensive meeting yesterday, which was attended by the Under-secretariat for the municipality of Baghdad and the Directors-General of the municipality and other departments of the secretariat of Baghdad to assess what has been done and what services and projects of the plan will be implemented during the next year.

He added that the Secretariat had obtained the approval of the Economic Committee of the Council of Ministers to announce the projects prepared for 2007 now to gain time for the start of implementation in addition to approval by the Council of Ministers to launch the specialties of the secretariat of Baghdad in the first month of the new year for the same reason.

The Secretary stressed Baghdad that the secretariat obtained the approval of the Council of Ministers and the Economic Commission to raise the operational budget of 150 billion dinars to 400 billion dinars, which is the explosive all measures called municipal districts, which will receive a budget of nearly three times the previous budget to follow the road fundamentalism, legal and stay away and not to succumb to the pressure by any side and the ongoing monitoring of the implementation of the assignment of projects to prevent administrative corruption.

Blogger News Network » Newsweek: Iraq’s economy booming

Newsweek: Iraq’s economy booming
This post was written by Robert VerBruggen on 18 December, 2006 (09:21) | All News, Business News, Iraq War, Economic News

Just last week in The National Interest online, I argued that the U.S. was destabilizing Iraq by pushing democracy. Applying the theory from Ian Bremmer’s The J Curve, I said the occupation should focus on economic development instead. We’ll have a better chance at democratization if we wait awhile.
Statistically and theoretically, it’s very unlikely a democracy will take root in poverty, and forcing governmental openness hurts stability. The unabating violence is a warning sign that we should take a few steps backward — closed societies are better than failed states.
So this Newsweek story is great news — Iraq’s economy is booming, indicating that either (A) the occupation really has been doing a good job of economic development, even if the efforts aren’t public or (B) the Iraqi people more resourceful than we give them credit for.
From the story:
“Real estate is booming. Construction, retail and wholesale trade sectors are healthy, too, according to a report by Global Insight in London. The U.S. Chamber of Commerce reports 34,000 registered companies in Iraq, up from 8,000 three years ago. Sales of secondhand cars, televisions and mobile phones have all risen sharply. Estimates vary, but one from Global Insight puts GDP growth at 17 percent last year and projects 13 percent for 2006. The World Bank has it lower: at 4 percent this year. But, given all the attention paid to deteriorating security, the startling fact is that Iraq is growing at all.”
If 4 percent is more accurate, Iraq has a long way to go before prosperity will cause stability. As I wrote in TNI, “According to the CIA World Factbook, Iraq ranked 189th in per-capita GDP last year at $1,800. It came in nine slots below Sudan ($2,100), four above Haiti ($1,700) and five above North Korea (also $1,700).”
But back to the bright side, the gains are helping everyone:
“Nor are ordinary Iraqis themselves short on cash. After so many years of living under sanctions, with little to consume, many built up considerable nest eggs—which they are now spending. That’s boosted economic activity, particularly in retail. Imported goods have grown increasingly affordable, thanks to the elimination of tariffs and trade barriers. Salaries have gone up more than 100 percent since the fall of Saddam, and income-tax cuts (from 45 percent to just 15 percent) have put more cash in Iraqi pockets.”
My original point holds in many respects. The lack of stability — again, arguably caused by the rush to open government — means there is no banking system, and that investors are incredibly wary.
Robert VerBruggen blogs at The Rationale and Robert's Rationale.
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Hmm... interesting (as Mike says).

My coworker (who is involved on this ride) went to Chase today to get a few more NID and the purchase price was the same as it was last week ($0.00078290) regardless of the drops the past two auctions.

Kuwait, Iraq to discuss cross-border oil fields
KUWAIT, 18 December 2006 (Kuwait Times)

Delegates from Kuwait and Iran will meet with Iraqi officials to consider sharing oil production agreements for cross-border fields, Dow Jones reports. Meetings with Iranian officials will take place this month, and discussions with Kuwaiti counterparts are planned for a later date.

Following the Iranian discussions, a company will be picked to appraise the reserves. It is worth mentioning that a modern fluid catalytic cracking (FCC) unit will be build for the refinery at Basra, for production of lighter products such as gasoline from heavy crude oil. Funds will also be utilized for a floating terminal in the Persian Gulf and a new pipeline.

An Iraq Petroleum Council will oversee all new contracts under a new hydrocarbon law which is scheduled to take effect in January.

All previous contracts will be reviewed. Some details of the law still need to be finalised with Kurds in the north, who already established a separate licensing procedure.

Kuwait, Iraq to discuss cross-border oil fields | Iraq Updates


There he is again, enacting in January!

They are talking with the kurds right now to get it done!

Kurdish, Iraqi premiers discuss unresolved issues, oil revenue
18 December 2006 (BBC Monitoring)

Text of report entitled: "Nuri al-Maliki meets Nechirvan Barzani"; carried by Pro-Kurdistan Democratic Party, KDP, Peyamner website on 18 December

Iraqi Prime Minister Nuri al-Maliki received Kurdistan Region's Prime Minister Nechirvan Barzani at the Council of Ministers' headquarters on Monday morning, 18 December 2006. In the presence of the two deputies of the Iraqi prime minister, the two sides discussed the unresolved issues between the regional government and the centre, including oil revenue.

It is noteworthy that the Kurdistan Region's prime minister is visiting Baghdad to find a solution for unresolved issues with the central government.

Kurdish, Iraqi premiers discuss unresolved issues, oil revenue | Iraq Updates

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could anyone have this translated for us please??