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

Originally Posted by Hardwood

I'll pay for the 4X8 sheet of plywood and the paint to make a sign to put in the back of your pickup truck! You drive to Bush's little meeting (I'll even pay for gas!) and drive by REAL SLOW with this sign in the back of your truck:

Sounds like a PLAN. Come on down and Ride with me. Now my Truck is a 2007 Dodge. I gave my Old Chevy to my Son. Got 4 doors. Ya'll all come.

Originally Posted by crave681

ok neno, your avatar is really scaring me...

He was trying to copy mine!

Seems to me Neno has had a reaaaaaaaalllly good Christmas or SGS is sharing with him. He seems to be relaxing the rules and rolling around everywhere laughing. Hey Neno - you know something we don't?? Great to see you having some fun and not having to keep pulling us into line.

Originally Posted by rkpdwp

Susie I want to thank you for that testimony.It is people like you that has
made this and exciting trip.I am sorry for your loss and tragdy,I know how you feel,I just lost my last brother. Ronnie

I am very sorry for your loss.

WASHINGTON (Reuters) - The Pentagon is expected to send 3,500 troops into Kuwait to stand ready for use in Iraq, senior defense officials said on Tuesday as the Bush administration weighs adjusting force levels in the war.

The "call-forward" force was requested by Army Gen. John Abizaid, head of the military command responsible for the Middle East, and must be approved by Defense Secretary Robert Gates.

According to one official, Abizaid's request came before Gates' fact-finding trip last week to Iraq to assess possible alternative strategies in a war that he and President George W. Bush say America is not winning

Options for changing course in the war include a short-term increase, or "surge," of 20,000 to 30,000 U.S. troops in Iraq. The U.S. force level there now stands at 134,000.

http://today.reuters.com/news/articl...e-C1-topNews-3

Originally Posted by rkpdwp

Susie I want to thank you for that testimony.It is people like you that has
made this and exciting trip.I am sorry for your loss and tragdy,I know how you feel,I just lost my last brother. Ronnie

bless your heart and bring it peace.

Urgent: the death of former American President Gerald Ford
News were added on 12-27-2006, 7:10

... Urgent : the death of former American President Gerald Ford

Washington-conscious - of Salman Abdul Rahim demand

In an urgent news was announced just here in Washington, D.C., the American capital, was announced just before the death of former American President Gerald Ford.

...Other details later ...

20م20 m

Translated version of http://www.iraq-na.com/index.php?sec=news&act=view_cat&cid=1

Calls financial circles to deal in Iraqi dinars

"Baghdad / Justice and Ministry of Finance invited all government departments, whether centrally or self-funded or public companies to deal exclusively with the Iraqi dinar. An official source at the Ministry of the National Iraqi News / Nina / : yesterday, Monday, "

That the ministry circulated to all these services and obliged to pay the remainder of the assets of the self-funded and public corporations from foreign currencies including offset from the Iraqi dinar and dealing in the local currency exclusively ", and added :" The services funded centrally will file updated amounts of previously accepted by the foreign currency still exist in funds to the current account in the name of the cash accounting to the Central Bank of Iraq. " He pointed out : "Restrictions on the corresponding local currency revenue final.

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اEconomic : Reached a tentative agreement on the Law of oil and gas

Baghdad morning

Iraqi officials reached a tentative agreement on the areas of oil will negotiate contracts for oil fields with foreign investors, but the central government gives the final word.

Iraq needs strongly to foreign investment to revive its economy, which relies heavily on oil export revenues. The country's third largest oil reserves in the world.

Sources close to the negotiations that Prime Minister Nuri al-Maliki, "he agreed that" the draft law which is expected to approve and adopt political Cabinet him.

The sources added that the law calls for the formation of a national council of oil headed either Prime Minister or the Deputy Prime Minister and the rejection of authority deals oilfields. A source said to Reuters "negotiate within the framework of the specific standards and models of investment by the Council of the Federal oil and gas ... The presence of a representative of the Council. "

He added, "If the opposition insisted on the contract award is a body of experts" independents.

The sources added that the Minister of Petroleum and the Central Bank Governor, and representatives from each region and experts in the fields of oil, finance and the economy will be members of the Council.

The source said "the government of the Kurdish area, review existing contracts to be consistent with the law.

The sources said "contracts would apply only if there is no objection by the Board. If rejected by the Board within a certain time period is 60 days does not become valid. "

The sources said that the law calls for the conversion of the oil companies to the Coalition to a holding company and production units for the management of the different areas of the sector.

The sources quoted Iraqi officials as saying that the law will be referred to Parliament for ratification, according likely to be issued early next year.

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اEconomic : Problems of the bank guarantee programs and proposals to solve them

D. Falah behind spring

.Seeking the Iraqi company for bank guarantees for the implementation of a program to guarantee loans designed to encourage commercial banks and official sources to provide the necessary finance for small and medium-sized projects, to enhance the opportunities of these projects to reach the credit guarantee granted by the company.

The company is underwriting the loans which fulfill the conditions laid down by periods, according to security assessments, short-term loans granted the guarantee period of not more than 360 days, loans guaranteed the long-range between 5 - 1 years, and there is a grace periods specified by the bank, according to the estimates of cash flows for the project borrower.

It is natural that facing the company in the future - also faced other programs to ensure borrowing in developing countries, especially Arab ones - set of problems.

:-In this paper we review a number of potential problems and proposals to solve them like the following : -
1- One - they will face protein and the repetition of the ideas of projects proposed for funding, and a decline in creativity, as well as the limited coordination and complementarity in the work of the lending institutions to appear in the repetition of the obvious.
2- superficiality, it would face the choice of the first beneficiaries of the loan program and the failure of lending institutions in the conduct of an economic feasibility before approving a project.
3- Three - that borrowers will face length and complexity of the procedures for obtaining loans, which would lead to the fact that many of them or their withdrawal in the middle of the process.
4- Four - they will face the stationing of the beneficiaries of the project lending in urban areas, and inadequate lending to rural areas and the agricultural sector.
5- they will face the problem of lack of correlation lending programs training programs working to develop the performance of borrowers and reduce the risk of failure to pay, as well as the problem of the limited number of local experts, the scientific expertise and competence in the area of lending.
6- Six - they will face the problem of the lack of information to lending institutions on the identification of needs and deficiencies and the need for places according to demographic or geographical dimension.
7- -large gap in the provision of support services to borrowers, most institutions do not provide the beneficiary perception of the full technical and administrative support. Therefore, such programs focus on the issue of loans and not on technical assistance and administrative support.
:-To address those problems should work on the implementation of the following proposals : -
1- formation patterns of partnership between government agencies, banks and other financial institutions on one hand and between small and medium-sized projects and professional federations on the other hand, within the strategy of deliberate government and clear and declared for the development of these projects. 2-emphasize the importance of the role played by the chambers of commerce and industry, agriculture and professional federations in providing a variety of services to small and medium-sized projects, including the marketing, technical services, training and consulting.
3- examine the possibility of the government's programs to reduce interest rates and financing costs on the loans extended to small and medium-sized projects.
4- importance of the agricultural credit and associated activities, in terms of increasing the size and diversification, and increasing deadlines, and make it compatible with the agricultural production systems.
5-address the problems of debt and bad bank loans for small and medium-sized projects.
6-orientation towards the establishment of business incubators and the integration of its activities and identifying routes to provide services in a sequential and coordinated manner, with emphasis on the importance of the establishment of incubators work, particularly in the universities and institutes of the study, as they are the most important means to help prospective employers of students, so that the interaction between the activities of incubators and the educational process, in all scientific disciplines and professional.
7-Finally, it must be emphasized to encourage the establishment of banks, the poor, and the establishment of development funds and operating the program for the financing of the poor, and support mechanisms microlending, building institutional support necessary for activating non-governmental organizations, and professional associations to provide incentives for the poor to change their lifestyle and to encourage them to contribute to the economic action.

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