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

Originally Posted by TerryTate

Hmm, maybe they are creating a calm period. Any of you nervous folks looking to bail out???

Yeah I agree. I think there is some of that going on and can they really revalue their currency yet if they dont have the BIG BACKERS of the oil companies there yet without the passage of the HCL? I think they are waiting on implemetation of these important laws, even against market prices, before we will see a BIG jump.......

Originally Posted by kiko

I am not an economic, I only mentioned how it is explained.

Maybe you're right, I don't know!

Maybe WM.Knowles can explain it, if it's true that this term means that and if they can switch like that!

This is not economics, just simple math.

I am not sure what this means, if anything.

Sotaliraq.com

Shahid - Thank God for blessing and the completion of the completion of debt

(Voice of Iraq) - 08-01-2007
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Shahid Bulletin 2007 / 01 / 08

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Thank God for the completion of grace, and the completion of the mandate of the Prince of Believers Din Ali Bin Abi Taleb, may peace be upon him

God made us and you are adherents of the mandate

Every year, you great shape

Behind Abdul Samad behind

Shahid in Basra

Incidentally, this poem

Dr. Essam Abbas
Visit University
You love harbors Haider
But surgeons published every day
Keep Aba Mosque You podium
But I consolidate us root
But Benhjk Derby moonlit night
Indelible conquering or deal fail
Disappoint and enjoys my heart troubled
Love in the mountains Mohamed
Root touching every day Kawther
Nat distressed by the Amestbcher
Sabra and victory and yes, but the store
Yoke tyrants front Astassegroa
Sha Maha Hussein speaks out in cold
Vbenhjkm built minds and Amra
Over the centuries accountant but Munther
Voice of the Almighty ... Down conspirator
She stood crying Exterior kind Ehmer
Tomar lives but clean
And Sagitha of Blear erupt
The Alero shouted Oh Hussein and visited
Mstazna permission to enter more
Grant affection Balodad Avacher
Battah to create Yes lessor
And tears from the eyes of a river Ehmer
This Hussein Batra Mtafar
Sehaj God created so Ittehroa
Hussein remains a planet exploded
In the heart of the mother are like the greatest
And Baklbe story of sorrow and grief
أنصار دين الله عزا سطروا
And Eshoephem sad if delayed
Mchrva Petrab Jeddah proud
Brother Zainab Abbas is rolled
The cause of the debt, which is not invincible
Bshmuchh Cdo intolerance and pride
Shares in treachery on the perfidious jin
Those written Petrabha Atafar
Read the words of God which states
Kind melts and soul go out
On the day of Ashura, but remember
That echoed by the minimum and an Stroa
For a short ground Rafidain
Under House officials will be cleared
Whatever dominated ignorance and destroyed whatever
Fond of the meeting pleased by the sight
Muslim is the right came augurs
Despite centuries something that Dar Amer
, In front of the Palais des error Ecypr
He said injustice and defeated Estasseger
This prince of believers Ather
What that called Parent broken force
Calls by the machine Vgethe Ehmer
Or boys proud of silks
Accompanied Avaqgua universe, as is the mastermind
Anwarham through long erupt
My prayers are frequently but Di'wati
The guardian of Taha with its proud
The prophets of God are to remember the land Bal God treasure Ttcherbhabib good manners not to Ttekhakria Mr. Kak wanted and warned informed? Not being in the practice of
Sir difficult for Fraghkm
Despite the difficulties which many Murr
What I history ever shadow
The long history of injustice done to me
Sir thought tyrants Mbadi
Or that it happened and wiped involving
Even people that quoted Vjat
And I came from the depth of belief Zainab
Taj Levant and its architecture, anthem
The session passed vicinity
It is the daughter Zahra bint Mohammed
In front of flags rise in the Sama
Thanks for your publishers
, Which is backed history tells the story
But hardened to the game and their misrepresentations
وإلى الحسين حملت شوقك زينب
Vallee pilgrimage every moment of creation
And planted at the altar of Mr. Rawhi
Er ... Attick Karbala interesting
Section Diwan Hussein and Habiba
Thank God, the gift
Vodadkm pay ensure God
She stood in the altar form Mohamed
Contemplating saying Alaqilh Zainab
But entrusted to your grave rare
Whatever dominated ferocious ... , And destroyed a hateful
Wright and Abdullah had children Fan
Emmet me about cub Al-Mujtaba
Contemplating visited touching Bjenbh
Who compete on the certificate joy
Peace and sweep of unanswered greeting
Matehvia of my journey Alqumi
Accepted hands, which were cut
Protector Alaqilh preservation and their sponsors
But before the sample, which extinguished
TEL Sirte and Zainab Haja inclusively
Valtel silos place of worship
Abdul and humiliates himself Brahabha
It recalled the days anthem
Oh Almighty votes Hussein Hta br /> that no letup in the building fruitful
This reconstruction and the place
Each Bekaa, but our minds and
Kufa and glue capital met
The ambassador and his entourage, but supporters
See Dar El-Murtada Bbhaeh
Please pilgrimage astray when Tbrka
Despite all right staying Ignorance
In Kufa Mosque Sir glue
The prayers and practically divorced
Imam of a mosque and the tomb of Sir, if
Sister Zainab Hussein and the daughter met
To Maithem Altmar Rahlti Sirte
Camille, and the remaining owners met
For easy Abbad Sirte worshipers
Are we prepared Stand and visit the sins of soil Thaniashim Djei'i Haidarnoha Adam valid Hudah Fthiqd Jerusalem God suffer Trabhakl peace you I am not saying goodbye

Organized during my recent visit to the homeland beloved "Iraq is sacred," and when I visited Sir Emyr believers in Najaf, Mr. Abi Abdullah Al-Hussein and his brother Abbas in Karbala, the holy visit holy sites in Karbala in 2005 Mvjadt Kkarihati organized Kaviti this poem, which was opened by Cabinet poetic II, "the conscience" of my day you Alghadir
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Shahid in Basra-Iraq
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The House meets tomorrow amid fear that the lack of quorum

(Voice of Iraq) - 08-01-2007
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The House meets tomorrow amid fear that the lack of quorum

Al-Araji : We reached advanced stages of the return of mass chest for the government and the parliament
Baghdad-Sabah
The House of Representatives held tomorrow, Tuesday's meeting to discuss the normal state budget for the current year 2007, amounting to 40 billion dollars, with confirmed Bahaa Al-Araji, deputy bloc chest that coalition talks with the government to the consolidated return bloc reached advanced stages. A source in the Presidency of the Parliament of the "morning" that the House of Representatives will hold a residence tomorrow, Tuesday to discuss the new budget and observers fear the lack of quorum for a meeting tomorrow after more than a month and a half since the last meeting a legal quorum. They believe that the consultative meetings of the Council during the last period due to preoccupation with the deputies to travel to either the pilgrimage to see their families or because of Christmas and the Eid Al-Adha holiday, did not find useful. The deputy said the bloc chest Bahaa Al-Araji, that the talks between the coalition and the unified government reached advanced stages for the return of block to the government and the House of Representatives. It called Hammam Hammoudi Chairman of the Foreign Relations Committee in the House of Representatives the government and the Ministry of Foreign Affairs to deal equally and auditing facilities with the States that have established councils sympathies for Saddam, especially those members or officials participated in these councils.

His decision means that the execution of Saddam was a judicial, not a political, as promoted by some media yellow.

He went on to say that the boards of consolation People held in some of the internal affair, but in the case involving the characters representing those countries it is an affront to the Iraqis and to the government of national unity.

Sotaliraq.com

Work begin distributing subsidies social protection network

(Voice of Iraq) - 08-01-2007
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Work begin distributing subsidies social protection network

Baghdad-Rali sure
The Ministry of Labor and Social Affairs today benefit distribution network of social protection for those covered by. An official source at the Ministry of Labor and Social Affairs told (morning) that the ministry today embarked on the distribution of subsidies between the network covered by the

And through postal offices of the ministry and the alphabetical pointing out that the exchange will include months (October, November, December).
He added that the ministry continues to receive requests for coverage program network and through municipal councils deployed in Baghdad and the provinces.

It is noteworthy that the number of the network covered by the program will double this year to include two million families.

Morning

Iraq Holding intends to increase its share in the Bank of Baghdad and the Secretary of insurance to 50%

Justice / follow-up ... Informed sources said that Iraq, Kuwaiti Holding Company intends to increase its share in each of the Bank of Baghdad, which owns a 30% share of the company and the Secretary of the insurance company, which owns the company's share of 20%

.To reach the share holding in each of Iraq from Monday to 50% of the permitted by the laws in Iraq, the sources added that the direction of the company coincides with the beginning of the stability of the political and security situation in Iraq after the execution of tyrant Saddam Hussein. The sources pointed out that the company also intends to increase its share in all projects involved in Iraq in the event of the return of calm and stability in Iraq, stating that this came within the framework of the policy of the company, the main aim of which is to participate in the reconstruction of Iraq. The sources said that Iraq Holding well on the way to establish a new bank in Iraq during the year 2007, where the required permits, and around Iraq holding profits in the year 2006 expected to match the same year profits of 2005, or a little less.

ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ



ÌÑíÏÉ ÇáÚÏÇáÉ ÇáÚÑÇÞíÉ - ÇáÚÑÇÞ ÇáÞÇÈÖÉ ÊÚÊÒã ÒíÇÏÉ ÍÕÊåÇ Ýí ãÕÑÝ ÈÛÏÇÏ æÇáÃãíä ááÊÃãíä Åáì 50%

Bill new Iraqi contracts for oil and gas

Justice / follow-up | Informed sources said an agreement on the bill, which awaits approval by the political formation of a national council of oil headed either Prime Minister or the Deputy Prime Minister and the rejection of authority deals oilfields.

.The sources said that the oil minister 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, which will enable the regions of negotiating contracts for oil fields with foreign investors but gives the central government the last word, sources said that the Prime Minister had expressed tentative approval of the project and the government of Kurdistan accepted review its existing contracts to be in line with the Law n The rulings of the contracts entered into by the government of the Kurdistan 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 Coalition into a holding company with production units for the management of the different areas of the sector, and that the law will be forwarded to the Parliament for ratification.

ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ ـ


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Newspaper : Bush intends to define "standards" for the Iraqis

(Voice of Iraq) - 08-01-2007
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WASHINGTON (Reuters) - The New York Times newspaper said on Sunday that the policy of the American President George W. Bush on Iraq will be the new "standards" to be on the Iraqi government to fulfill them to reduce ethnic violence and stabilize the country.

The paper quoted senior officials in the American administration as saying that these goals include steps to integrate the year in the Iraqi political process and the completion of action on the distribution of oil revenues.

The newspaper quoted officials who asked not to publish their names as saying that among the criteria also plan to reduce the government's policy toward former members of the Iraqi Baath Party.

The paper added that American officials insisted that they intend to set a realistic timetable for the Iraqi move, but did not disclose revealed specific penalties to be applied in case of failure.

Meanwhile, the White House declined to comment directly on the report.

The spokesman Alex Conant, "The President looks forward to talking to the country this week on the way forward in Iraq."

The New York Times newspaper said it is expected that Bush refers to those standards in a speech delivered this week and determine where its new strategy on Iraq, including plans to send 20 thousand additional troops.

The report said that administration officials intend to make public the criteria after Bush's speech.
It quoted a senior American Administration to inform the discussions as saying "there will be a strategy that does not reflect the desire of the Iraqis to assume more responsibility, but Iraqis need to intensify efforts."

Sotaliraq.com

The Cabinet-Minister of Labor and Social Affairs announced

(Voice of Iraq) - 08-01-2007
This issue was sent to a friend
The Republic of Iraq

Council of Ministers-the governmental communications
Media Relations
A press statement / Press Release

Minister of Labor and Social Affairs announced that 2007 will see the establishment of 100 thousand small project for the unemployed in Baghdad and other governorates


The Minister of Labor and Social Affairs Sheikh Mahmoud Al-Radi, the need for hard work and dedicated to activate programs of the ministry in 2007 and the cooperation with the government institutions and non-governmental organizations.

And Mr. Minister, during his meeting with the undersecretary of the ministry and heads of departments on the need to accelerate the implementation of a project for the rehabilitation of the community as a first stage in the new year 2007 will see the establishment of (100000) a small project for the unemployed registered in the operation centers and vocational training in Baghdad and other governorates.

In relation to the ministry conducted a number of field visits to the follow-up projects of the Department of Labor and Social Security in charge of the application of the law to secure government debts No. 56 of 1977.
Also, the ministry is addressing the phenomenon of begging in Iraq through the mechanisms of action of the Social Welfare Department, which is the body responsible for filling the needs of the disabled, the elderly and orphans as provide them food, clothing Azafh to medication, and dealing with the phenomenon of begging is done through campaigns undertaken by the Ministry in coordination with the Ministry of the Interior is responsible reduction study of this phenomenon, and housed in units according to the conditions and instructions.

The draft oil law foresees transfer of the exploitation of oil fields, nationalized by the Baath government in 1972, to oil companies via 30-year privileged contracts. The draft is expected to be voted into law this week, and Shiite, Sunni and Kurdish factions have agreed on the text on Christmas day, after three and a half months of debate.

According to Referans sources, a meeting was held in London over the weekend in which Vice Prime Minister Berham Salih attended, representing Iraq. His counterparts included representatives of big oil companies. The fact that Salih, a Kurd who is also the president of the Iraq Oil Committee, is active in the process has been interpreted as a sign that Kurds have been persuaded for a national, not regional, arrangement.

However, after the national agreement is implemented Kurds will start to prepare a similar arrangement in their own region, a source close to the talks told Referans on condition of anonymity. This new agreement will be in accordance with the draft which will soon be on the parliamentary agenda.

Advantages to oil giants:

The Independent on Sunday revealed the text of the draft law, which is expected to be put into effect as of March 2007. The British newspaper wrote in its headline story, "Future of Iraq: The Spoils of War," that the world's oil giants now have an important chance to be active in Iraq, three years after the invasion.

Moreover, the companies will have the right to retain 75 percent of their annual income from Iraqi oilfields, until they match their oil production costs, thanks to the Production Sharing Agreement (PSA) system. After then the companies will be able to pocket 20 percent of the annual income. Experts point to the fact that this is double normal market rates.

Unsurprisingly, the U.S. government played a major role in the preparation of the draft. The lion's share in the PSAs will go to giants such as BP, Shell and ExxonMobil.

The Independent on Sunday commented that if the draft is voted into law, previous promises that "the oil of Iraq will belong to the Iraqi people" will prove to be false.

Iraq, ranked third in the world for oil reserves, has proven resources of 112.5 billion barrels, while the total reserves are estimated at 220 billion barrels.

Old agreements to be served:

The same sources told Referans that the draft envisions the continuation of agreements that the previous Iraqi governments signed with various companies. Still, these agreements will have to be brought into line with new regulations.

Companies, including some Turkish ones, signed various agreements with Baghdad before and after the 2003 invasion. Saddam Hussein, who planned to diminish U.S. influence over decisions in his country, signed oil deals with many companies, including Russian Lukoil, Chinese CNPC and French TotalFinaElf.

In the 1997 agreements Lukoil received the right to develop the West Qurna oilfield, while CNPC obtained a similar right at Ahdab in western Iraq and TotalFinaElf at Majnun in southern Iraq. However, because of U.N. sanctions, these agreements failed to be realized.

Lukoil has a privileged right in the West Qurna oilfield, but U.S. firm ConocoPhillips also has a 17.5 percent stake there



Iraqi factions agree on draft oil law | Iraq Updates