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

Originally Posted by kingpau

I think that might be a mis-quote there. 13 million dinars for a mosque and 1 million dinars for a car? I will happily sell them my 1978 Vega station wagon for 1 million dollars.

Hello there kingpau,

Now that is too funny......

You really should hold onto that 1978 vega.....

It belongs in a museum......

NOT FOR SALE.....

Kozmar

have not seen him post in a few days or more is he okay? Looking forward to next weekcom on reval!!!!!
benzboy

Originally Posted by tiffany

ShotGunSusie posted this over on IIF...She's the one that is saying the 7th.


DO NOT BUY DINAR AT THIS TIME, JUST SIT BACK AND RELAX AND GET READY TO ENJOY YOUR WEALTH

here is what i know...
wording on the oil law is being worked on (reason for delay in parliament), presumably so that it can be presented simultaneously with the foreign investment law.
oil monitization is completed.
announcements WITHIN 2 weeks.

__________________________________________________ _______

Which makes sense because that's what's been said here too.

What does "monitization" mean?
I think it has something to do with "counting the oil as money", thus making it possible to use the oil as a means of backing areval, but I don't know...
And feel too lazy to go and check it up in my diccionary! (Besides, I'm sick; got a cold with fever which I haven't had for ages so I feel totally "decked"...so I have an excuse for being lazy!!! )
/K

TEHRAN -(Dow Jones)- Iraq is seeking troops to protect its northern oil facilities from saboteurs, former Iraqi oil minister Ibrahim Mohammad Bahr Al Olom said Saturday.

"I believe that the only solution we have is to increase our military forces in the north," the former oil minister told Dow Jones Newswires, while in Iran to attend an industry event. "We are moving in a clear direction towards the Iraqi army taking charge of the north."

The northern Iraqi oil fields produced a total of around 8.5 million barrels of oil in July, Bahr Al Olom said, but he added that the northern pipeline and facilities continue to suffer from sabotage.

"The north is doing good as far as production is concerned, but not so far as the security is concerned."

Meanwhile, southern Iraq has increased its oil production versus a year ago, mainly because the Southern Oil Company has drilled wells and completed some exploration work there, Bahr Al Olom said.

"We are making progress," he said. "We are increasing production in the south, where production is now around 2.1 million barrels a day. This compares to last year, when it was at 1.9 million barrels a day."

The former oil minister expressed confidence that the oil-related work will continue in the south.

Opening of the Center for Information Systems provides commercial services to traders and Iraqi companies



Baghdad-Mahdi Karim Al-Taee
The Ministry of Trade center for trade information systems includes several sections for Research and Information, Information and adopt modern techniques. Dr. Abdel Farmer, the Sudanese Minister of Trade Center during the inauguration of the presence of (morning)


That status is the first step in the ministry's program of broad introduction of modern information and benefit from the research and studies published by the websites on the global sophisticated methods in the trade and the economy.
He pointed out that the ministry was seeking to develop information and research centers in companies and services are designed to serve the merchant and businessman, and to facilitate the task of the Iraqi companies doing business with Iraq, pointing out that the commercial center contributes to the transfer of information developed to most joints ministry, said the movement of prices of all Stock in the world and provide facilities for officials of the ministry through the provision of accurate information related to the work of each constituency, especially when their international conferences and bilateral meetings outside the country.
He pointed to the possibility of forcing employees of the center in an evolutionary courses outside and inside Iraq in order to raise their competencies in the field of information technology and benefit from the international experience in this field so as to contribute to the upgrading of information technology by which suffers a great imbalance in the work of the applications within the state.

Bureaucratic error delays US-Iraqi handover
September 02, 2006 09:30pm
Article from: Reuters

A CEREMONY in which Iraq was to assume operational command of its new armed forces from US-led troops was postponed today at the last minute amid confusion, a US military spokesman said, citing poor planning.

The event had been hailed by the US military as a big step towards Iraq taking responsibility for security, key to any eventual withdrawal of US forces.

US commanders, with 140,000 troops on the ground, would still have a big say.

"There was an error in planning between us and the Iraqi defence minister over the ceremony. This all boils down to a bureaucratic thing," said Lieutenant Colonel Barry Johnson, adding that the ceremony had been rescheduled for tomorrow.

Lt-Col Johnson played down suggestions the glitch reflected logistic and communication problems between the two forces.

Reporters who had been invited to attend the ceremony in Baghdad's heavily fortified Green Zone were left sitting in a bus for more than one hour as the US military first informed them that the event had been delayed for later in the day and then postponed until tomorrow.

The US military, suffering almost daily casualties, has been training Iraq's new military so that it can begin withdrawing some of its own soldiers.

Iraq's Prime Minister Nuri al-Maliki has said his forces would take control of most of Iraq from US-led foreign troops by the end of the year.

The top US commander in Iraq, General George Casey, who was scheduled to attend the ceremony, said this week he saw Iraqi forces having control of their own security in the next 12-18 months.

http://www.news.com.au/story/0,23599...9-1702,00.html

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Originally Posted by karinc

What does "monitization" mean?
I think it has something to do with "counting the oil as money", thus making it possible to use the oil as a means of backing areval, but I don't know...
And feel too lazy to go and check it up in my diccionary! (Besides, I'm sick; got a cold with fever which I haven't had for ages so I feel totally "decked"...so I have an excuse for being lazy!!! )
/K

Here ya go Karin. I wanted to know too. And you were correct.


MONETIZE:

1. To convert into money.

2. To convert from securities into currency that can be used to purchase goods and services.


For example, you'll often hear Internet marketers talk about "monetizing website visitors." This is another way of saying that the marketers are trying to figure out a way of making money from website visitors, such as through advertising, e-commerce, etc.

Quote[Yes ...... Sorry. 0.000763 But the CBI Site: Exchange Rates still shows the 0.00068 1477 to $1]

Don't get too excited... this will simply be the difference between their buying and selling rates, and not an indication that things are on the move.

Let's hope something happens soon though.

Neil

Thanks, Readytogo!!!
/K

Originally Posted by kingpau

I think that might be a mis-quote there. 13 million dinars for a mosque and 1 million dinars for a car? I will happily sell them my 1978 Vega station wagon for 1 million dollars.

I had to laugh. I once had a Vega hatchback that was the cutest thing you ever saw, and absolutely the worst piece of c*** to ever hit the highway. Taught me the true meaning of fluent cursing.