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

Thanks Raditz, that was a great statement and a awsome research. Come on floating r/v. Cigarman will be shocked and pleased to hear what you found. I can hear him now saying,"Yeah Baby $2.00 plus Now"'.

Iraq edges towards new oil law


28 August 2006

Iraq edges towards new oil law - Zawya.com | Middle East Business News

"The Iraqi government is making progress in resolving internal debates on a bill to regulate the oil and gas industry but it will not go to parliament for at least a couple of months, a senior government official said today.

Deputy Prime Minister Barham Salih told Reuters in an interview that a series of meetings among officials in recent days had confirmed an acceptance of existing constitutional rules over control of hydrocarbon resources but there were still differences over the roles of central and regional governments.

The bill is intended to unlock potentially huge foreign investment in Iraq's vital oil industry by setting ground rules for how the state's resources are managed. It also goes to the heart of power struggles among sectarian and ethnic factions.

Salih added that Iraq was considering a number of major infrastructure investments in the Basra area, including building a deep-water port in partnership with the private sector.

A liberalisation of rules on fuel imports is also set to be passed by parliament early next month to help ease shortages.

"We're all agreed that the constitution should be the governing formula," Salih said.

Asked when the bill would be ready to go to parliament, he said: "Soon. A few months. A couple of months at least."

O.K.

The Oil & Gas Laws won't go to Parliament for "a couple of months, at least".

Wouldn't it make sense to get the Foriegn Investment Law into effect and the currency revalued, and get that all straightened around before they let the world in on their oil?

.....I know, I know....doing things that make sense aren't really a priority...just LET IT PEG, LET IT PEG, LET IT PEG! (gosh DARN IT! loL!)

Just thinking out loud again....GOOOOOOOOooooOO DINARS!

Originally Posted by neno

We can help the r/v ourselfs. You want to know how? Just spread the word like crazy that you can invest in Pepsi in Iraq for .30 a share. The US stock price is over 30.00 a share. There is literally thousands of these stock prices in Iraq. It is just not open yet. But it will be, and if all the Investers in the world knew this (which I believe they do) the r/v would and will happen as they announce the FIL as well as open the ISX. So help the cause, get loud, hit the boards telling all to get ready to Invest in Iraq stock as the exchange opens. You might be surprised what the Loud Voice will do.

Interesting, Neno, thanks. How will we here at RC know when such a stock would be available to us? Is there going to be an Iraqi investment section? That would be cool.
Have you heard the one about the Iraqi lottery? You win a dollar a year for a million years.
(The original joke was about Norwegians, which makes more sense if you know Norwegians. No offense Ole'!)

Do not let this discourage you! Just know that anytime a step of progress is being made, the enemy will pour it on to try and thwart it. Anytime a door of opportunity opens, many adversaries come through.

For the enemy to be able to stop progress, he must first make you doubt and loose faith; hence the sudden increase of violence during peace negotiations. That is when we need to pour on the prayer and keep speaking what we want. Remember to lift up the Iraqi authorities/people and pray they will not loose faith and give up. This is a spiritual war! Men can either be pawns of the enemy or advocates of peace and prosperity.

Everyone keep your chin up, peace is coming as we type.


Meeting fails to reconcile disparate groups
By Abdulhussein Zayer

--------------------------------------------------------------------------------

28 August 2006 (Azzaman)
Last week’s much touted reconciliation meeting has apparently failed in bid to bring the disparate and warring Iraqi groups together.

Sources close to the meeting described the gathering as “ceremonial”, saying they doubted the parties taking part seriously believed in the reconciliatory and peaceful tone of the words in the final statement.

More than 600 Iraqis of note as well as tribal chieftains had gathered in Baghdad to see what the government should do to stem the upsurge in violence.

The participants did sign a paper, pledging to work for the unity of the country and condemn sectarian strife.

Although major Iraqi factions each with separate militia forces were present, the meeting did not include any of the resistance groups which bitterly oppose the presence of foreign troops.

As the conference was being held, the level of violence increased in Baghdad and conditions have even worsened in its aftermath.

The participants seem to have agreed on paper on putting an end to the forced evacuation of families of opposite sects in Baghdad and other mixed Iraqi cities.

On paper, they also agreed to disband militia groups and revise the debaathification procedures which caused much resentment and anger since they were introduced.

But the sources said no one among the participants took those steps seriously.

They said the militias are so entrenched that no power in the country, including United States, has the ability to have them disband.

The sectarian strife has almost reached the point of no return, they added.

As for the treatment of the former members of Saddam Hussein’s Baath party, the sources said the major Shiite factions in the government were not ready to change their anti-Baathist policies now.

Source: Agence France-Presse (AFP)

Date: 29 Aug 2006
DIWANIYAH, Iraq, Aug 29, 2006 (AFP) - Iraqi authorities have agreed a truce with a Shiite militia and calm has been restored in the town of Diwaniyah after a battle which left at least 28 people dead, military officials said Tuesday.
Under the deal brokered by local Iraqi political leaders, the army will pull back reinforcements which came from outside the city, while the Mahdi Army militia will evacuate a district it took control of during the fighting.

"We are now watching the militia withdrawing. They started pulling out early this morning and they're still going," an Iraq army captain told AFP.

Shops began to reopen in Diwaniyah on Tuesday and water and electricity supplies were turned back on, as a tense calm returned to the town that lies 180 kilometres (110 miles) south of the Iraqi capital Baghdad.

Under the agreement, Iraqi officials have also agreed to re-examine the case of a Mahdi Army commander who was arrested at the weekend, he said.

Iraqi army soldiers fought a fierce 12-hour battle with Mahdi Army gunmen in Diwaniyah on Monday, after the Shiite militia began bringing reinforcements into town and took control of several neighbourhoods.

Defence ministry spokesman Mohammed al-Askari said that 20 soldiers and 40 militiamen had been killed in the fighting.

Meanwhile, the head of Diwaniyah's health department, Hamid Taathi, sid his hospitals had received the bodies of eight dead civilians and treated 61 bystanders for wounds received in the fighting.

A security official, speaking on condition of anonymity, said many of the slain soldiers were shot at close range, execution-style after being captured by militia fighters.

Polish soldiers from the US-led coalition in Iraq set up blocking positions around Diwaniyah to prevent militia reinforcements joining the battle, but were not directly involved in the fighting, a US military official said.

There were no reports of coalition casualties, but a Polish helicopter gunship came under fire and returned to base damaged, according to a statement from coalition headquarters.

The Mahdi Army is a loosely-organised militia group nominally loyal to the radical Shiite cleric Moqtada al-Sadr, whose movement has ministers in Iraq's coalition government and a large parliamentary bloc.

Sadr supporters outside Diwaniyah have, however, blamed Tuesday's fighting on "inflitrators" working without their leader's approval.


ReliefWeb » Document Preview » Iraqi army agrees truce with Shiite militia after deadly clash

I got this from another forum and if you notice the one line in second paragraph is in the past tense, does this mean what i'm thinking?

Baghdad-East : The Iraqi Trade Minister, Abdul farmers that the Sudanese government was trying to develop plans to transfer Iraqi economy to a new stage alluding to the benefits to be derived by Iraq after the signing On the WTO Agreement .
He said he had chaired a meeting of Sudanese during the Iraq's own national accession to the WTO : that this Convention will contribute In the transfer of the Iraqi economy to a market economy while maintaining the privacy and to be part of The global economy. Referring to the importance of taking advantage of the Arab experience in the area of accession To the World Trade Organization and gain experience through participation in courses Training

(bold text is PAST TENSE)
http://64.233.179.104/translate_c?hl...6storytitle%3D

Originally Posted by neno

We can help the r/v ourselfs. You want to know how? Just spread the word like crazy that you can invest in Pepsi in Iraq for .30 a share. The US stock price is over 30.00 a share. There is literally thousands of these stock prices in Iraq. It is just not open yet. But it will be, and if all the Investers in the world knew this (which I believe they do) the r/v would and will happen as they announce the FIL as well as open the ISX. So help the cause, get loud, hit the boards telling all to get ready to Invest in Iraq stock as the exchange opens. You might be surprised what the Loud Voice will do.

HEY,neno!would you please explain what you mean by spreading the word ,I"m just a little ole country gal and don't really understand.Do you mean for us to encourage more people to buy dinar? thanks neno. sarah!

Last night I thought on the issue's long and hard. It seems to me their trying to keep speculators like us guessing. If you read articles in the news one day they speak as if the laws have already passed and the next they sound like they still have to pass. Look at the FIL law, the WTO just as an example. Look at all the articles and look at how their presented. I think we're in the home stretch now. Let it peg already because I only have 3 days left in August!lol.

Iraq-oil
Iraqi oil ministry adopts plans for winter season
By Dergham Mohammed Ali
Baghdad, Aug 29, (VOI) – The Iraqi oil ministry adopted new plans and mechanisms to distribute oil products to Baghdad residents in winter, the oil ministry official spokesman said on Tuesday.
"Huge contracts were concluded with Iran to provide Iraq daily with 1,100 tones of cocking gas and two million liters of kerosene," the official spokesman, A'sim Jihad, told the independent news agency Voices of Iraq (VOI).
The oil products distribution to residents of Baghdad and to private large power generators' owners will be organized in cooperation with Baghdad provincial council, said Jihad.
"The agreement with Baghdad provincial council can help supply of gasoline to virtually operating power generators," the spokesman added.
"The quota of gasoline supplied with the official cost of 125 Iraqi dinars per a liter ($ 0.084) is relevant to the power generator capacity," Jihad said.
Iraq is suffering a severe fuel shortage and the cabinet approved doubling the allocations for importing oil products from $213 million currently to help eases the shortage.


Iraq-oil :: Aswat al Iraq :: Aswat al Iraq