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

Originally Posted by $onedaysoon$

"The budget is the value of (41) billion dollars, up from last year (11) billion dinars." He added, "and we will try to submit the Dowaervi beginning of the year.

The value of 41 billion dollars:

@1345= 55,145,000,000,000 (55 trillion dinar)
@1260= 51,660,000,000,000 (51 trillion dinar)

They have two choices for the new budget.

1. Start printing more money than they've ever printed. Result: increased inflation.

2. Revalue their currency. Result: less inflation.

We know what they're going to do.

British raid on Iraq police cells

British forces demolished the police station
after the raid [EPA]
British forces have stormed the headquarters of a rogue Iraqi police unit where it was feared that police officers planned to kill detainees, a military spokesman has said.

Seven Iraqis were killed when about 1,000 British soldiers carried out the pre-dawn raid in southern Basra.

The police station was demolished with explosives afterwards.

Major Charlie Burbridge said: "There are 178 prisoners inside the police station and one of the reasons we decided to go today was that we began to receive some very accurate intelligence which suggests that the serious crime unit was about to start killing the prisoners."


A British force of Challenger tanks and Warrior armoured fighting vehicles came under rocket-propelled grenade and machinegun fire from alleyways as it approached the station, he said.

Torture

Burbridge said many of the prisoners held by the Serious Crimes Unit had been tortured.

British officers said the prisoners showed
signs of torture [Reuters]
"The prisoners were found with signs of torture, such as crushed hands, cigarette burns, scars from electric shock treatment and many couldn't walk," he told Al Jazeera.

Captain Tane Dunlop, another British military spokesman, said the troops carried out medical assessments of detainees at the building and transferred them to another police station.

"We [then] used explosives to put the building beyond use so it can no longer be used by the criminal enterprise," he said. "We had clear directions from the prime minister and governor [Mohammed] Waili to dissolve the unit."

Last week British troops arrested a senior officer in the unit and accused him of ordering the murder of 17 staff at a British-run police academy.

On October 29, unidentified men ambushed a bus carrying the employees back to their homes in Basra.

The police station, one of the biggest in Basra, was where two plain-clothes British soldiers were briefly held in September 2005 before being freed by their comrades.

NEWS AMERICAS
Study: Oil crisis looming in Iran
Iran's need for nuclear power might be genuine as its oil production is falling, a US report says [AFP]

Iran's nuclear ambitions are motivated not just by a desire for regional supremacy but by a potentially devastating crisis in its oil industry, a US researcher says.

Iran's image is of an oil producer with plentiful reserves, but it could soon face an energy crunch owing to failing infrastructure and lack of investments, Roger Stern of Johns Hopkins University said in a report made public on Monday.

Writing in the respected Proceedings of the National Academy of Sciences of the United States, the professor of geography and environmental engineering said Iran's oil problems have the potential to topple the clerical government.

Stern said there was no reason to doubt US-led accusations that Iran's drive to develop nuclear energy has more sinister ends in mind, to entrench the regime in power and fend off US military hegemony in the Gulf region.

"But it cannot be inferred from this that all Irani(an) claims must be false," he said.

"The regime's dependence on export revenue suggests that it could need nuclear power as badly as it claims."

Oil deficiencies

Many of Iran's oil deficiencies are of its own making, Stern says, noting that generous domestic subsidies for petrol mean that Iran's national oil company cannot make money at home and so needs to export as much as it can.

But rapid population growth means that domestic demand is rising all the time, while authorities have let their refineries and pipelines fray.

"The regime's dependence on export revenue suggests that it could need nuclear power as badly as it claims"

Roger Stern,
Johns Hopkins University professor

So Iran, despite being the second-biggest exporter in the Organisation of the Petrol Exporting Countries (Opec) behind Saudi Arabia, actually has to import oil products like petrol to cope with demand.

Stern calculated that since 1980, energy demand in Iran has risen 6.4 per cent, exceeding supply growth of 5.6 per cent. Exports meanwhile have stagnated since peaking in 1996.

For at least 18 months, Iran has failed to meet its quota for oil production set by Opec, he said.

The strong suggestion, Stern said, is that Iran's oil production is now actually falling, despite the bonanza that exporters have enjoyed from a period of record-high crude prices.

And a nationalistic authorities are fuelling the problem by making life ever-harder for foreign oil companies, he said.

Contractual problems

Stern noted sudden contractual problems faced by India in its bid to negotiate for supplies of Iranian natural gas, after New Delhi failed to vote with Tehran at a meeting of the UN atomic watchdog.

He said: "Iran's petroleum investment climate therefore appears to have greatly deteriorated since 1998-2004, a period when investment was insufficient to offset the recent production decline.

"Zero future foreign investment thus appears plausible."

Overall, according to Stern, it "seems plausible that Iran's claim to need nuclear power might be genuine, an indicator of distress from anticipated export revenue shortfalls.

"If so, the Irani regime may be more vulnerable than is presently understood."

Reading newspapers in Baghdad the day

December 25, 2006December 25, 2006


1. طريق الشعب1. People
الصفحة الأولىThe first page
1- مؤتمر دول الجوار يعقد في بغداد.1-Conference neighboring countries held in Baghdad.
2- 41 مليار موازنة عام 2007.Two 41-billion budget in 2007.
3- لوس أنجلس تايمز كبار العسكريين الأمريكيين يؤيدون زيادة عدد القوات.ط3-Los Angeles Times senior American military support increasing the number of troops. I
4- الكهرباء :مشاكل كبيرة تواجهنا ..خارجة عن سيطرتنا.4 - Electricity : big problems we face. Beyond our control.
5- لمطالبة ب 200 كليون دولار بقضية النفط مقابل الغذاء دعوى قضائية ضد مصرف أوروبي وشركة استرالية.5-to claim $ 200 Cleon cause of the oil-for-food program, filed a lawsuit against the European bank and an Australian company.
6- كوريا الجنوبية تمدد بقاء قواتها في العراق سنة أخرى.6-South Korea extended the survival of its troops in Iraq for another year.
7- مصدر :النفط هو الرهان المستقبلي لرفع المستوى المعيشي.Seven-source : oil is betting the future to raise the standard of living.

الصفحات الداخليةThe inner pages
1- المالكي يهنئ العراقيين بأعياد رأس السنة.One-Maliki congratulates Iraqis New Year holidays.
2- الدينار يواصل ارتفاعه على حساب الدولار.Two-dinar continue to rise at the expense of the dollar.
3- شركات متعددة تتقدم بعروض لإنشاء مطار كربلاء الدولي.3 - multinational companies make offers for the establishment of the international airport in Karbala.
4- وزارة العمل تعلن عن إعداد العاطلين في العراق.4 - The Ministry of Labor announced on the numbers of unemployed in Iraq.

2.الصباح الجديد2. New Sabah
الصفحة الأولىThe first page
1- استمرار المساعي لعودة الكتلة الصدرية إلى الحكومة والبرلمان.1-continuing endeavors for the return of mass chest to the government and parliament.
2- عروض شركات عراقية وخليجية وأجنبية لإنشاء مطار كربلاء الدولي.Two presentations-Iraqi companies, Gulf and foreign Karbala for the establishment of the international airport.
3- المالكي يعد الرياضيين العراقيين بمزيد من الاهتمام.3-Maliki is Iraqi athletes more attention.
4- اشتباكات في الرميثة والجيش يسيطر على مكتب الصدر في السماوة.4-clashes in Rumaythah, the army controlled Sadr's office in Samawah.
6- الدينار يواصل ارتفاعه على حساب الدولار.6-dinar continue to rise at the expense of the dollar.


Lot of news regarding the rise in the dinar! They are getting the people ready for better times This is from the Presidency website but I can't read the paper - only the items inside

The 834 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 12/ 26 so the results were as follows :
Details Notes
Number of banks 5 -----
Auction price selling dinar / US $ 1338 -----
Auction price buying dinar / US $ 1336 -----
Amount sold at auction price (US $) 2.700.000 -----
Amount purchased at Auction price (US $) 3.820.000
Total offers for buying (US $) 2.700.000 -----
Total offers for selling (US $) 3.820.000

Originally Posted by Par77

Reading newspapers in Baghdad the day

December 25, 2006December 25, 2006


1. طريق الشعب1. People
الصفحة الأولىThe first page
1- مؤتمر دول الجوار يعقد في بغداد.1-Conference neighboring countries held in Baghdad.
2- 41 مليار موازنة عام 2007.Two 41-billion budget in 2007.
3- لوس أنجلس تايمز كبار العسكريين الأمريكيين يؤيدون زيادة عدد القوات.ط3-Los Angeles Times senior American military support increasing the number of troops. I
4- الكهرباء :مشاكل كبيرة تواجهنا ..خارجة عن سيطرتنا.4 - Electricity : big problems we face. Beyond our control.
5- لمطالبة ب 200 كليون دولار بقضية النفط مقابل الغذاء دعوى قضائية ضد مصرف أوروبي وشركة استرالية.5-to claim $ 200 Cleon cause of the oil-for-food program, filed a lawsuit against the European bank and an Australian company.
6- كوريا الجنوبية تمدد بقاء قواتها في العراق سنة أخرى.6-South Korea extended the survival of its troops in Iraq for another year.
7- مصدر :النفط هو الرهان المستقبلي لرفع المستوى المعيشي.Seven-source : oil is betting the future to raise the standard of living.

الصفحات الداخليةThe inner pages
1- المالكي يهنئ العراقيين بأعياد رأس السنة.One-Maliki congratulates Iraqis New Year holidays.
2- الدينار يواصل ارتفاعه على حساب الدولار.Two-dinar continue to rise at the expense of the dollar.
3- شركات متعددة تتقدم بعروض لإنشاء مطار كربلاء الدولي.3 - multinational companies make offers for the establishment of the international airport in Karbala.
4- وزارة العمل تعلن عن إعداد العاطلين في العراق.4 - The Ministry of Labor announced on the numbers of unemployed in Iraq.

2.الصباح الجديد2. New Sabah
الصفحة الأولىThe first page
1- استمرار المساعي لعودة الكتلة الصدرية إلى الحكومة والبرلمان.1-continuing endeavors for the return of mass chest to the government and parliament.
2- عروض شركات عراقية وخليجية وأجنبية لإنشاء مطار كربلاء الدولي.Two presentations-Iraqi companies, Gulf and foreign Karbala for the establishment of the international airport.
3- المالكي يعد الرياضيين العراقيين بمزيد من الاهتمام.3-Maliki is Iraqi athletes more attention.
4- اشتباكات في الرميثة والجيش يسيطر على مكتب الصدر في السماوة.4-clashes in Rumaythah, the army controlled Sadr's office in Samawah.
6- الدينار يواصل ارتفاعه على حساب الدولار.6-dinar continue to rise at the expense of the dollar.


Lot of news regarding the rise in the dinar! They are getting the people ready for better times This is from the Presidency website but I can't read the paper - only the items inside

Par, this is great news!

First they mislead us with those silly numbers, now during christmas and holidays they are telling more and that it is gonna happen.

A lot of people have vacation or aren't paying attention now, well planned this all.

First week of January I personally think we are going to see the Real Exchange rate, don't know how much, but the minimum of 1:1 for sure!

2007 will be a great year for all of us and patience will be rewarded!

Originally Posted by DLMCFX

The 834 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 12/ 26 so the results were as follows :
Details Notes
Number of banks 5 -----
Auction price selling dinar / US $ 1338 -----
Auction price buying dinar / US $ 1336 -----
Amount sold at auction price (US $) 2.700.000 -----
Amount purchased at Auction price (US $) 3.820.000
Total offers for buying (US $) 2.700.000 -----
Total offers for selling (US $) 3.820.000

Again, 7 points and lower banks!

Good it be that they are getting ready for the small denoms!

I make it 9 points if my math is correct. 1345 yesterday.
Greetings to all.

The political blocs is the reason for the delay cabinet reshuffle

(صوت العراق) - 26-12-2006(Voice of Iraq) - 12-26-2006
ارسل هذا الموضوع لصديقThis issue was sent to a friend

بغداد/ المدىBaghdad / long
قال النائب الدكتور محمود عثمان عن التحالف الكوردستاني إنه يرى ان المواطن العراقي بدأ يفقد الثقة بكل السياسيين الذين انتخبهم ولم يقدموا له السقف الادنى من مطاليه الخدمية.The MP said Dr Mahmoud Othman coalition Alcordstani felt that the Iraqi citizens began to lose confidence in all elected politicians who did not provide him with a ceiling of the minimum Mtalih service.
وقال عثمان في تصريح صحفي: المواطن العراقي فقد الثقة بالكتل السياسية لانهم سمعوا بيانات وتصريحات وتكتلات ولم يروا منها اي شيء على ارض الواقع، مشيرا الى أن الوضع قد تراجع في كل شيء يوما بعد يوم.Othman said in a press statement : Iraqi citizen has the confidence of the political blocs, they heard statements and declarations, and clusters of them did not see anything on the ground, pointing out that the situation may retreat in everything, day after day.
وأوضح عثمان: ان التعديل الوزاري كان يجب ان يحدث قبل هذا التاريخ، لكن الكتل السياسية ساهمت بتعطيل هذا التغيير، مشيرا الى ان الانباء التي تتناول هذا الموضوع تقول ان التعديل الوزاري قد يحدث بعد العيد مباشرة واستبعد عثمان ان يكون الامر بيد رئيس الوزراء مشيرا الى ان الكتل السياسية هي التي جلبت هؤلاء الوزراء واعطتهم الوزارات التي تقع ضمن استحقاقهم وهذه الكتل ينبغي ان تتفق على التغيير ايضا،He explained : Osman that the cabinet reshuffle should take place before that date, but the political blocs have hindered this change, pointing out that the reports on this subject says that the cabinet reshuffle may happen after the feast directly ruled Othman to be the case, however, the Prime Minister pointed out that the political blocs that brought these ministers and gave them the ministries that fall within the entitlement These blocs should agree to the change also,

واستبعد عثمان ان يتم الاتفاق على التعديل الوزاري بسرعة مشيرا الى ان الكتل التي لم تستطع ان تتفق على برنامج حكومي لا تستطيع ان تتفق على التعديل الوزاري.Osman ruled that the amendment is agreed on the ministerial quickly pointing out that the bloc was unable to agree on a government program can not agree on a cabinet reshuffle.
واضاف عثمان: نحن نرى ان التعجيل في هذا الامر من مصلحة الجميع مشيرا الى ان اي تأخير سيضعف من الحكومة العراقية داعيا الكتل السياسية الى التعجيل بالاتفاق على هذا الموضوع لانها المسؤولة عن اداء الحكومة العراقية بطريقة او بأخرى حسب رأيه.Uthman added : We believe that the acceleration in this matter is in the interest of everybody, pointing out that any delay would weaken the Iraqi government called on the political blocs to expedite agreement on this subject because it is responsible for the performance of the Iraqi government in one way or another, according to his opinion.
ويرى عثمان ان الكتل السياسية اذا لم تسارع الى الارتقاء بالاداء الوزاري فقد تفرض عليهم بدائل من الخارج مثل ما تسمى بحكومة الانقاذ الوطني او غيرها من الطروحات الخارجية الجاهزة وبالتالي تفرض علينا اجندات سياسية خارجية لن تفيدنا في شيء اذا لم نتفق على خطاب سياسي موحد وعلى خطوات عملية للارتقاء بالاداء الحكومي.Osman believes that if the political blocs not to hasten to optimize performance Ministerial has imposed on them from abroad, such as alternatives to the so-called government of national salvation or other big foreign-made clothes and therefore compels us hidden foreign political will tell us something if we do not agree on a unified political discourse and the practical steps to improve government performance.
وعلى صعيد متصل قال النائب عن جبهة التوافق العراقية سليم عبدالله الجبوري انه يرى ان العملية السياسية تشتمل على اشكاليات كثيرة تؤثر بصورة مباشرة على اداء الحكومة العراقية وهناك حلول عديدة ايضا.And in relation to deputy Iraqi Accord Front Salim Abdullah Al-Jabouri said believed that the political process involving many problems directly affect the performance of the Iraqi government, and there are also many solutions.
وقال الجبوري: من حق رئيس الوزراء الاستاذ المالكي ان يقيّم أداء وزرائه ويحدد مواقع الخلل ويطرح بدائل بالتشاور مع الكتل السياسية، مشيرا الى انه يعتقد أن حكومة الوحدة الوطنية تحتم عليه ذلك لانه ينبغي لها ان تمثل جميع اطياف ومكونات الشعب العراقي.He said the target of the right : Prime Minister Mr. Al-Maliki to assess the performance of his ministers and identifies sites imbalance and put alternatives in consultation with the political blocs, pointing out that he believed that the government of national unity in order to make that it should represent all the sects and components of the Iraqi people.
واشار عبدالله الى أن هذه المشاورات ينبغي ان تختلف عما جرى عليه عند تشكيل الحكومة العراقية الحالية لان هذه المشاورات ينبغي ان تترك حيزا لرئيس الوزراء يتحرك على وفقه لخلق نسيج متجانس لحكومته، مضيفا ان الحل الأمثل للمشاكل الموجودة من وجهة نظر جبهة التوافق يتمثل احيانا بجزئية.Abdullah pointed out that these consultations should be different from what it was when the formation of the current Iraqi government that these consultations should be left space for the Prime Minister to act accordingly to create a coherent fabric of government, adding that the best solution for the existing problems from the standpoint of the Accord Front is sometimes leg.
الى ذلك قال النائب عن الائتلاف العراقي الموحد عبدالكريم العنزي ان الكتل السياسية تساهم الى حد كبير في تعطيل عملية التغيير الوزاري لان بعض الكتل السياسية لاترغب في ان تجرى تعديلات معينة من قبل رئيس الوزراء على الوزارات التي تقع ضمن دائرة هذه الكتلة او تلك، مشيرا الى ان هناك وزراء غير قادرين على ادارة وزاراتهم بصورة جيدة ولا ينحصرون في كتلة ما ابتداءً من الائتلاف العراقي الموحد وانتهاء بباقي الكتل السياسية المشاركة في الحكومة.So deputy United Iraqi Alliance-Karim Al-Enezi that the political blocs contribute to a great extent in hindering the process of cabinet reshuffle because some of the political blocs to wish to place certain amendments by the Prime Minister to ministries that fall within the circle of this bloc or that, pointing out that there Ministers are unable to manage their ministries are good not caught up in a bloc from the United Iraqi Alliance and the rest of the political blocs participating in the government.
ويعتقد العنزي ان رئيس الوزراء اذا استعمل حقه الدستوري في اختيار وزرائه دون الرجوع الى هذه الكتل السياسية فانه قد يخلق ازمة سياسية شبيهة بالتي حدثت قبيل تشكيل الحكومة العراقية الحالية.Anzi believes that the Prime Minister if used his constitutional right to choose his ministers without reference to these political blocs, it could create a political crisis similar to the one that occurred before the formation of the current Iraqi government.
واضاف: ان الاجواء الحالية التي تجري خلف كواليس الكتل السياسية بشأن تغيير الوزارات تشبه الى حد كبير تلك التي جرت قبيل تشكيل الحكومة العراقية ملمحا الى ان الكتل السياسية تساهم بتعطيل عمل الحكومة العراقية وعدم تمكينها من النهوض بواقع الخدمات المقدمة للمواطن العراقي الذي ما زال ينتظر الكثير مشيرا الى ان هناك وزارات لا بد من ان تعالج بشكل سريع وان تغير في استراتيجيتها ابتداء من تغيير ادارتها عن طريق استيزار وزراء اكفاء قادرين على تقديم افضل ما لديها للمواطن الذي سئم الوعود الكثيرة.He added : The current climate of being behind the lobbies political blocs on the change of ministries very similar to those which took place just before the formation of the Iraqi government suggesting that the
ويرى العنزي ان الوزراء الجدد لا يشترط ان يكونوا من التكنوقراط بقدر ما يكونون وزراء اصحاب اختصاص وسياسيين في نفس الوقت قادرين على اتخاذ قرارات حازمة وتحويل هذه القرارات الى واقع ملموس، مضيفا ان هناك وزارات اخفقت في ادائها كوزارة الكهرباء ووزارة النفط التي لم تقدم للمواطن ما يسد الجزء الابسط من حاجاته اليومية من مادتي النفط والغاز، مشيرا الى ان طابور البنزين وصل في مدينة النجف الاشرف ومحافظة القادسية الى اربعة كيلومترات، وهذا غير مقبول جملة وتفصيلا، موضحا ان الحكومة العراقية ومجلس النواب حلاً كل مشاكل هذه الوزارة بالذات ووسعنا ميزانية الوزارة الى 400 مليون دولار لكي ترتقي بأدائها لكنها لم تكن قادرة على النهوض بواقعها الخدمي.In the opinion of Al-Anazi that the ministers have not required to be of technocrats insofar as they are of Ministers of the owners of the competence and politicians at the same time able to take firm decisions and the conversion of these resolutions into a tangible reality, adding that there the Ministries of failed in the their performance such as the Ministry of electricity and the Ministry of oil which has been made to the citizen fill Part simpler its needs; and finally the Journal from and potatoes. Oil and gas, pointing out that the identification gasoline arrived in the holy city of Najaf and Qadisiyah governorate to four kilometers, and this unacceptable inter and detailed, explaining that the Iraqi government and the Chamber of Deputies solution all the problems of this ministry particular and expanded our Ministry's budget to 400 million dollars to live up its performance but she was not capable of promoting : to their realities services.
واضاف العنزي اننا لا نقول ان الطريق سالكة وان الوضع العراقي مثالي.. طبعا هناك عقبات كبيرة ولكن عندما وقع اختيارنا على هذا الوزير او ذاك اردنا منه ان يرفع هذه العقبات ويذللها لا ان يتذرع بها.
ويرى بعض المسؤولين السياسيين ان تأخير التعديل الوزاري يساهم في تراجع الاداء الحكومي على مختلف الصعد والمحاور ما يزيد الاداء الحكومي تعثرا ويعمق الهوة بين المواطن العراقي البسيط وبين القيادات السياسية الحالية، بينما يرى البعض الاخر ان الكتل السياسية هي السبب الرئيس في هذا التأخير والتعطيل، ويرى طرف آخر ان الكتل السياسية لا بد من ان تتفق على مرشحين كفوئين ويعللون ذلك بان المشاورات بين الكتل السياسية ضرورة لابد منها لانجاح العملية السياسية والارتقاء بالاداء الحكومي.In the view of some politicians and officials said the delay in a cabinet reshuffle contributed to the retreat of government performance at various levels and hubs over the performance of government stalling and deepens the gap between the Iraqi citizen simple and among political leaders present, while others are of the view that the political blocs is the reason the President in this delay and delay, and finds another party to the political blocs must be to agree on candidates Kvoein and day so that consultations between the political blocs that should be met to ensure the success of the political process and improve government performance.

Originally Posted by kristybis4

I make it 9 points if my math is correct. 1345 yesterday.
Greetings to all.

My turn ahill.

1345-1338=7