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

Press releases

Urgent -- The security forces managed to arrest the terrorist leader Abdullah star of the so-called Islamic Army in charge of terrorist operations in Kirkuk, Ninewa, Salah al-Din.

7-9 / 2006

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4:45:00 GMT on Sunday 9 July 2006


Kuna - Kuna



Baghdad : According to political sources informed that the Prime Minister of Iraq Nuri Maliki will pay an official visit to the United States of America at the end of this month, at the invitation addressed to him by President George bushبو

The sources told Maliki that the talks will be on economic and political cooperation between the two countries and ways of securing the support of the international community to reconstruct Iraq and support the initiative of national reconciliation project launched Maliki sponsored by the Iraqi government.

The sources expected that the Maliki delivered before the American Congress presenting his vision of the situation field of security in Iraq also will review ways to the success of his initiative for national reconciliation, which was objected to by some members of Congress, fearing that it does not include those killed Americans in Iraq, in addition to reviewing the draft investment overall a Most of the reconstruction of Iraq. The sources pointed out that a high-level ministerial segment Maliki will be accompanied on his visit to Washington.

The Maliki was concluded a few days ago, a Gulf tour included Saudi Arabia and the United Arab Emirates and Kuwait to mobilize support for the initiative of national reconciliation and ensure the success of the political process in the new Iraq and is scheduled to visit Washington soon

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CM, That was an awesome take on things!!!
Pips, excellent!! Glad to see anonther article talking about maliki coming to DC!!!

I think that Maliki's DC visit is a lot more significant than may first appear.

Originally Posted by cigarman

Hey Adster, how trust worthy is xxxxxxsusie on IFF. Just wondering because she said for a fact the reval is within a month and it will be more than 1:1. Sure hope she has connections. LOL

I was wondering the same thing Cigarman...she seems VERY ADAMENT about it!

Originally Posted by Treater

CM, That was an awesome take on things!!!
Pips, excellent!! Glad to see anonther article talking about maliki coming to DC!!!

I think that Maliki's DC visit is a lot more significant than may first appear.

I was thinking that also Treater ...Perhaps a "congratulations" visit..."look what WE'VE done" visit... hmmmmm...will the revaluation happen BEFORE or AFTER the visit?

If the opening of the ISX in the beginning of August...I believe we are all in the same line of thinking that the peg/reval NEEDS to happen befo*****d....
and I've said a couple times that a 1:1 doesn't seem like that far of a stretch (IMO) seeing as though it would only be 1/3 of what it was valued at before! (actually LESS if you look at the figure 3.41!)

So close everybody!

Originally Posted by tiffany

I was thinking that also Treater ...Perhaps a "congratulations" visit..."look what WE'VE done" visit... hmmmmm...will the revaluation happen BEFORE or AFTER the visit?

I

I say that it may be more signifigant that it may appear for a couple different reasons. One of which I can't discuss. But on the surface it is really intersesting how after Bush paid Maliki and Co a suprise face to face visit, all of the sudden the news of a upcoming RV starts flowing out in the press, all kinds of progress is being made on the FI front, and Maliki has been working at a fever pace ever since that visit from Bush, and now they just can't get enough of each other lately, hmmmm. It is very exciting.

Also it is my gut feeling is that there wouldn't be this much effort put into all of this if it was going to result in a dud.

Originally Posted by Treater

I say that it may be more signifigant that it may appear for a couple different reasons. One of which I can't discuss. But on the surface it is really intersesting how after Bush paid Maliki and Co a suprise face to face visit, all of the sudden the news of a upcoming RV starts flowing out in the press, all kinds of progress is being made on the FI front, and Maliki has been working at a fever pace ever since that visit from Bush, and now they just can't get enough of each other lately, hmmmm. It is very exciting.

Also it is my gut feeling is that there wouldn't be this much effort put into all of this if it was going to result in a dud.

hmmmmm...perhaps you have some "interestingly important" contacts like Mike and Adam? That's all right...no need to feel pressured for info here... you have a great, positive vibe in your posts about this endeavor...that's all I need! (For NOW! lol! )

Baghdad, July 9, (VOI) – The Iraqi army forces arrested Ali Najm Abdullah, leader of the Islamic Army in Iraq, al-Iraqiya state TV reported on Sunday.
Al-Iraqiya said in a news break that Abdullah was arrested in the southern Baghdad district of al-Rustumiya.
Abdullah used to launch operations in Kirkuk, Salah Eddin and Diala and he was on the list of 41 most wanted people connected with the ex-regime and the insurgency against the government that was announced by National Security Adviser Mowafaq al-Rubai’i last week.


http://www.aswataliraq.info/modules....rder=0&thold=0

More terrorist news :)))

Nine “terrorists” killed, 7 arrested in raid in Kazemiya
Baghdad, July 9, (VOI) – Iraqi forces killed nine “terrorists” and arrested seven early on Sunday during a raid in the north-eastern Baghdad district of Kazemiya, a U.S. army statement said.
The statement, received by the independent news agency Voices of Iraq (VOI), said Iraqi soldiers attacked five targets in Kazemiya before dawn as multi-national troops mounted the raid.
Two “terrorists” were wounded and treated by multi-national medics, it said. One Iraqi soldier was seriously wounded and was taken to hospital.
The statement did not give further details.

http://www.aswataliraq.info/modules....rder=0&thold=0

Good morning, everyone...

Sure are a lot of rumors and opionions floating around about the dinar!

As I try to sort through my own thoughts about this, I realize that one thing is not clear to me:

Why is it stated that the dinar must be revalued before the foreign investment laws are passed? And haven't those laws just been passed in the Kurdish north already? And what about the automation of the ISX? How does this fit into the hoped for revaluation?

Thanks to whover (Mike?) can help me understand this.

I remain cautiously optimistic about the dinar.....looking for clarity only.

Caroline

Caroline,

The timing of reval vs. FI law enactment is only an opinion as far as I know but my personal opinion is that the reval needs to happen before the FI law IS PUT INTO EFFECT. My reasoning, as others have said before, is that is the only way that Iraq will actually get a fair price for the real assets that are purchased by foreigners under the new law. I do not know the status of the FI law that was passed in the north. Is it actually in effect yet? All of this reasoning is exactly the same for the opening if the ISX to foreign investors. I understand the the PM said in Saudi Arabia recently that the FI law would be in place (?) by early August. To the best of my knowledge the ISX opening has not been pinned down other than 3rd quarter.