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

I give up, but the article reads as above.

I confirm its a old news cigarman one month old thats correct :)

Thanks, I knew that you would know.

(Voice of Iraq) - 29-08-2006 shall Sent this topic friend

Report : The price of oil on the way to $ 100 per barrel


Washington : Muhammad Ali Saleh
American report expected continuing high price of a barrel of oil up, in a few years, to $ 100. The report expected that the price of up to $ 120 if a problem has developed the nuclear programme of Iran to cover the Gulf War and sweaty Gulf oil supplies.
The report said, issued by the National Union of the economies "that any NBA" in Washington that the continuing high price will be a cause of depression America. That depression will affect other countries. The report added : "We believe that the high price of a barrel of oil to more than $ 100 would be a cause of depression in general, But we do not believe that the price will increase from $ 100 million in normal circumstances ". The report added that the reason for the expectation of increased price of oil is that "there is little likelihood of the emergence of a real alternative to oil over the next ten years". It adopted the report of its findings and assessment of the semi-annual poll the opinions of members of the National Union for the economies of business in Washington. The report was prepared jointly by experts from the Institute of economies of the world in Washington.

The report expected to increase the price of a barrel of oil to $ 85 next summer, compared with $ 75 during the summer, If there were no problems in the production and supply of Middle East oil. The report, however, expected that the price per barrel up to $ 90 if the supply of Iranian oil ceased because of the decision of the Security Council to boycott Iran, or because of the reaction of Iran to the decision to boycott.

He expected the report, If triggered the confrontation with Iran in Western military operations in the Gulf exacerbated even stopped supplying the Saudi and Kuwaiti oil. The price per barrel up to 120 dollars, the report said, adding "there is a general belief that world oil stocks sufficient for the short-, The problem is the adoption of America on Middle East oil, and rising consumption in America ".

Middle East

Sotaliraq.com

this New begining of this thread is awesome now for a new reval. Go Dinars get off the Pot and go.

NENO, whats Up you were looking for me in the shout box.

good thinking Admin. That dude was getting HEAVEEEEEE.

Please can someone clear this up for me? Is the New Iraqi Investment Law, same as the hydrocarbon law?

Originally Posted by cigarman

I have a question. Does anybody know what the fiscal year is for the Iraqi Government. I've read about some articles concerning the 2007 budget and I wonder if their fiscal year starts in October like ours? If it does start in October like ours then I feel a whole lot better about September.

Cigarman, Have we got this yet? This is a very good point you made that I have not thought of.

I would also like to point out that when any of us hear the ISX is open are is fixen to open. And if we dont have a r/v at that time, get ready cause we will before it opens.

And yes to the statement before that they have until October to get the ISX open. It should have done been open, but it will be located in Baghdad. At one point awhile back they were in the furnishing stages of the new ISX building prior to the violence getting back in Baghdad.

RESTORING PROSPERITY COULD HELP REIN IN KILLING, TOP OFFICIALS SAYS

BAGHDAD, IRAQ
Aug 27, 2006

U.N. Secretary General Kofi Annan will host a meeting Sept. 18 in New York before the General Assembly. Foreign governments also will be solicited during the annual meetings of the World Bank and International Monetary Fund the week before.

“We need sustainable, meaningful engagement of ... all the international community, not just the United States and certain other powers,� said Salih, an urbane, British-educated engineer whose warm personal relations with U.S. and British officials are a feature of Iraqi efforts to win foreign support.

“Success in Iraq will have good consequences for the region and the rest of the world,� he said during talks at his marbled official residence, once home to an aide to Saddam Hussein.

“God forbid, failure in Iraq will be disastrous for everybody, not just for the people of Iraq," he added. “It is time ... that the international community moves beyond the differences of the past and unites around the central task of helping Iraq achieve economic and political stability.�

Racing inflation of 70 percent, along with unemployment at 50 percent by Central Bank estimates, is causing grave hardship, with fuel prices especially being driven up as subsidies are phased out under a deal with the International Monetary Fund.