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02-01-2007, 03:55 PM #36081
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02-01-2007, 04:00 PM #36082
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett
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02-01-2007, 04:00 PM #36083
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02-01-2007, 04:00 PM #36084
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02-01-2007, 04:04 PM #36085
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My mistake, I saw it on a dealers site without the red statement added. Sorry.
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02-01-2007, 04:07 PM #36086
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"There is a paragraph about investment in this year's budget which provides for having the Iraqi dinar as the main currency in the 2007 budget," Sulagh said (Minister of Finance).
The head of the Research and Statistics, Dr. Mohamed Saleh:
The rate of 75% of the real exchange rate of the dollar to improve...
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02-01-2007, 04:18 PM #36087
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- Sep 2006
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euro report - on 1-4-2007
Talking about the Euro - I just found this website now that I am back to googling:
Economic Survey of Euro Area
20/12/2006 - The OECD’s latest economic survey of the Euro area, to be published on Thursday 4 January 2007, looks at how the current recovery provides an opportunity for boosting the resilience and growth potential of the countries sharing the single currency.
The survey will be available to journalists in English and French on the OECD's password-protected website at 11.00 a.m. Paris time (10:00 GMT) for immediate release.
A Policy Brief with the main conclusions will be freely accessible in pdf format (in English and French) on the OECD’s web site at Economic Survey of the Euro Area 2005. You are invited to include this internet link in reports on the survey.
The publication is divided into the following chapters:
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Assessment and recommendations,
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Managing diversity,
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Monetary policy,
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Putting fiscal policy back on track.
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02-01-2007, 04:36 PM #36088
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i am a member for this site it was not there before now!!
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02-01-2007, 05:21 PM #36089
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Oecd 2006 Annual Report
Ok here something to change the subject: been google around an found ANOTHER GROUP that has been helping iraq: OECD ORG.
Investment for Development: 2006 Annual Report - Investment Policy Co-operation with non-OECD Economies
PDF DOCUMENT 125 PAGES LONG - grrrr but good read
Page 39
Second Phase of the Programme
In 2006-2007, the MENA-OECD Investment Programme is focussed on execution of regional action plans developed in the first phase as well as implementation of targets defined within the National Investment Reform Agendas. To date, a number of key accomplishments have resulted from the Programme's activities since the Ministerial Meeting in February. Eleven MENA countries and territories (Bahrain, Egypt, Jordan, Lebanon, Palestinian National Authority, Morocco, Oman, UAE, Tunisia, and Yemen, Iraq) have elaborated their National Investment Reform Agendas and are working on their implementation. Additionally, draft NIRAs have been prepared for Syria, Kuwait, KSA, Qatar, Libya and Algeria and are currently under review by the countries concerned. Work is planned in September to launch the NIRA for Iraq.
To date, NIRA workshops to work on the implementation of priority investment reform targets have been successfully completed in Egypt on May 17, Omen on June 4 and Jordan June 19. These workshops featured high-level participation (including the Ministers level) of officials from investment promotion agencies and Ministries of Finance and Economy. They have demonstrated measurable progress on several items1, and have allowed for development of new targets, as well as follow up with existing ones. Further workshops will be conducted in for Morocco, the UAE, Bahrain, Yemen and Iraq.
The NIRA workshops are important not only to monitor individual countries’ reform progress, but also to disseminate best practices among regional participants, highlight the reformist forces within each government, and provide visibility to ongoing reforms. To this end, the Programme has liaised with local and international media, resulting in substantial television and newsprint coverage. The resulting visibility is important since it highlights reformist forces within MENA governments, thereby strengthening not only the economic liberalisation efforts, but also the democratization momentum.
In terms of the regional level of activities, the regional element of the Programme aims at working with MENA countries on the implementation of Recommendations developed in the first phase and the principles included in the Ministerial Declaration. In parallel with NIRA workshops, it has been developing MENA Investment Policy Briefs (i.e. venture capital development) containing recommendations for regional policy makers.
These Briefs provide an additional basis for specific recommendations put forward to MENA government officials as part of NIRA workshops. To strengthen its private sector activities and emphasise the need to support entrepreneurship in the region, the Programme has launched a new initiative – the MENA-OECD Enterprise Financing Network. The network aims to improve the regulatory conditions for financing entrepreneurship using the Programme as a forum for exchange of good practice between MENA and OECD business and government representatives. The Programme has further expanded its relationship with regional partners (Arab Union of Banks, Arab Monetary Union) and international organizations (Word Bank, UNIDO). Several projects are currently underway with these partners in an effort to leverage existing programs, instead of building redundant initiatives. Co-operation with the World Bank on a flagship publication and with IFC PEP MENA on corporate governance activities are ongoing.
ok who are these folks: the MENA-OECD Enterprise Financing Network??
BACK to google
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02-01-2007, 06:02 PM #36090
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The transition from a rentier economy - in which virtually the whole of the population depended on government handouts - to a free-market capitalist one entails much hardship for some segments of society. Many pensioners and some civil servants find it hard to make ends meet as prices rise across the board. The end of government subsidies on virtually everything - from bread and sugar to gasoline and water - is also causing hardship.
But, judging by the talk in teahouses and the debate in Iraq's new and pluralist media, most people welcome the switch to capitalism and regard it as an exciting adventure.
As trucks are loaded with a variety of imports destined for Baghdad, I ask the drivers what they think would happen if the multi-national force, led by the United States, left Iraq soon. Most shrug their shoulders.
"Why leave?" one driver asks. "Do I abandon the goods that have come from such a long way before they reach their destination?"
This amounts to a plea to "stay the course." The man in Um Qasr does not know that in the United States the phrase "staying the course" drives so many up the wall.
THE BOOM OUTSIDE BAGHDAD By AMIR TAHERI - New York Post Online Edition: Seven
This is awesome. It seems to me there is a principle involved here. Historically, unless you have a "dictator" (he's gone), when the people speak and follow up their requests with action (the street is showing that in the local economies) it isn't long afterward that that it becomes a way of life for a population, and that is what we are hoping for.
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