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

Originally Posted by benzboy

did we not hear from new PMof F that the dinar will reval by the end of august?

I don't remember a quote like that Benzboy..But with all the contributions made here by members in the last month I think the consensus is that everything is in place for the reval and it's really Bagdad's security issues in large part that's holding it up? Anyone?

Very interesting!!!

This is several articles complied into on that you will find at the link posted below with the following titles:

Salaries must be commensurate with the level of social protection of the economic situation and living family

In the sense of price, and government support

Price policy and its impact on social equilibrium
D. Salim Mohammed Abboud
University of Baghdad - the market research and consumer protection

The economic imbalance in the relationship between wages and cost of living

Prices and Competition Policy

Impact of inflation on the Iraqi economy

Monopoly and economic impacts

The role of economic policy implications price in stimulating economic activity


Milton Friedman : price liberalization. Free money
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Just click on PROSPECTS LONG on the left hand side of the page, then click the individual paragraph of what intrests you and it will open to a full page. Happy reading all.

Translated version of http://www.alsabaah.com/

Originally Posted by clueless

ok.. make this post a valid news post.. ok.. i know of one solid supplier who for the very first time in more than a year is currently not processing any orders until after august 14th.. no explanation and could be completely unrelated but is interesting in any case..

ok.. now.. any suggestions on how to keep up with the latest NEWS while ROL club is off the air ?

Are you at liberty to say which company? And what kind of statement, if any, did they give for why?

Thanks,

Monica

Originally Posted by readytogo

Are you at liberty to say which company? And what kind of statement, if any, did they give for why?

Thanks,

Monica

Hi Monica, I didn't make any attempt to get an explanation and was a little reluctant to post the company because I did not want them to be swamped with questions. That said, the statement is on their public web site so there should be no problem posting that information here. The web site is:

New Iraq Currency

and the statement says:

IMPORTANT NOTICE
Our Offices will be closed From August 3rd -13th 2006.
Our website will continue to accept your orders 24hrs a day during this period, and they will be processed in order starting the week of August 14th 2006.

Originally Posted by readytogo

Are you at liberty to say which company? And what kind of statement, if any, did they give for why?

Thanks,

Monica

I believe it is called a vacation. LOL

The date of the meeting was yesterday. The Investment Law needs 3 reads in Parliament.


http://64.233.179.104/translate_c?hl...26sid%3 D1494

Abdul-Mahdi receives Governor of the Central Bank



Examine the files of inflation, debt and foreign investment

Baghdad / justice.
Met with the Vice-President, Dr. Adel Abdel Mahdi Central Bank Governor Dr Sinan Shabibi

During the meeting, discussion of many of the most important files inflation happening in the economy of Iraq. And file of the debt and foreign investment law which will be presented to the parliament for ratification, Mr. Governor that the causes of inflation Lattalk phenomenon cash basis, but the financial situation in general terms that there was pressure to spend on the security aspect and the aspect of service with the lack of supply of goods, resulting in inflation. What is needed is coordination between fiscal policy and monetary policy. (on the law of investment (We expect many positive benefits in addition to a flow of the economy. The investment is not a country but a financially and administratively, as well as securing complement domestic investment in order to increase GDP. And the possibility of raising the value of the Iraqi dinar ... The rise in the value of parents t rise through reliance on that the country can provide the quantity of foreign currency through exports, increase exports and reduce debt is the result of the economy, which raises the value of the dinar.

Iraq PM Criticizes U.S.-Led Attack
BAGHDAD, Iraq Aug 7, 2006 (AP)— Iraq's prime minister sharply criticized a U.S.-Iraqi attack Monday on a Shiite militia stronghold in Baghdad, breaking with his American partners on security tactics as the United States launches a major operation to secure the capital.
Al-Maliki, a Shiite, said he was "very angered and pained" by the operation, warning that it could undermine his efforts toward national reconciliation.
"Reconciliation cannot go hand in hand with operations that violate the rights of citizens this way," al-Maliki said in a statement on government television.
Friction between the U.S. military and the Iraqi government emerged as the U.S. military kicks off a military operation to secure Baghdad streets after a surge in Sunni-Shiite violence much of it blamed on al-Sadr's militia.
Al-Sadr has emerged as a major figure in the majority Shiite community and a pillar of support for al-Maliki. The prime minister's remarks underscore the difficulties facing the Americans in bringing order to Baghdad at a time when Iraqis are increasingly resentful of the presence of foreign troops.
ABC News: Iraq PM Criticizes U.S.-Led Attack

Like it or not, believe it or not...someday, Maliki will be leaving his seat vacant to the next successor and it may not be a Shi'ite....

Follow the politics and that's where your money resides... but not this soon...still too soon! With Iran behind, Syria scheming somewhere in the distance, the war front engaging in Lebanon... Taliban backed insurgents as still a pain for their Afghan butts ...and Dinars up and coming or creeping further as yet...sigh... its another long drawn haul for the waiting few here...


I'm waiting myself...but with an open mind and yes...more patience than some here can fathom what patience is like to getting pegged already...


Have another peg for the nightcap I suggest.... try an Irish Bailey instead...do you good if a Guinness is too heavy for ya...

Robberies resulted in the deaths of seven policemen

(Voice of Iraq) -08-08-2006

An armed robbery at a bank in Baghdad, killing seven policemen
The Rafidain Bank branch willing Home to the armed robbery was carried out by unknown gunmen.
A correspondent (NOAA Tigris) that the robbery resulted in the deaths of seven policemen, including four policemen, He pointed out that the armed men who stole the funds in the bank and fled the scene.
It is noteworthy that a number of banks have recently been to similar operations carried out by unknown gunmen
Radio Tigris

al-maliki can get as upset with the U.S. as he wants to....it does'nt change the "FACT" that his "RECONCILIATION" plan has'nt come close to working yet.....add that probably half of his ministers are either corrupt or borderline corrupt and it makes for a terrible situation.....seems like he's getting scared to step on certain militias toes....its one thing to say what he says with his threats...its another to actually carry them out....IMHO...GO DINARS...Pat