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  1. #8341
    Senior Investor pipshurricane's Avatar
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    Default A sudden rise in the rate of the dinar and the increasing demand for the dollar

    (Voice of Iraq) - 11-09-2006 | This issue was sent to a friend

    Baghdad / long
    The rate of the Iraqi dinar suddenly yesterday, to record the highest price during the past four months, With the increasing demand for the American dollar in the first meetings of the Central Bank of Iraq yesterday, Sunday,.
    Explained that the Central Bank of Iraq in a statement issued yesterday, and got (long), a copy of, stressing that the demand for the dollar increased $ 22 million, recording 68 million and 200 thousand dollars after he had recorded 46 million during the meeting last Thursday.
    The statement added that it was to cover all purchase offers from the 12 banks participate in the meeting at the exchange rate of 1475 dinars, down One dinar rate of exchange against last Thursday, the lowest rate of the dinar against the dollar during the last four months.
    He pointed out that the purchase orders were distributed between 32 million and 90 thousand dollars in cash and 36 million and 110 thousand dollars in the form of remittances outside the country.


    Sotaliraq.com

  2. #8342
    Senior Investor pipshurricane's Avatar
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    Default UN and donors have made a road map for the rebuilding of Iraq

    (Voice of Iraq) - 11-09-2006 | This issue was sent to a friend

    The United Nations and donors are placing a road map for the rebuilding of Iraq

    Abu Dhabi (Reuters) - Officials from Iraq met, the United Nations and foreign donors on Sunday to create a road map for the rebuilding of Iraq and the attempt to make this country reach economic self-sufficiency within five years.

    Barham Salih said the Iraqi Deputy Prime Minister, said that under this initiative, which called the International Agreement for the sake of Iraq will ask Baghdad aid from governments and international organizations, while encouraging private investment in its oil strategy.

    He continued after the meeting, which was held in Abu Dhabi and attended by senior officials from the United Nations, the World Bank and representatives from several Arab countries and Western that the agreement sets the road map of what is required to restore the natural stability to Iraq. He added that it is not merely a collection of funds.

    The meeting is a prelude to high-level talks planned in September 18 September the United Nations in New York, where officials discuss implementation of the agreement in the framework of the relevant Security Council resolutions.

    It was Iraq, which contains the third largest oil reserves in the world and is a major producer might expect to receive billions of dollars in foreign aid after that overthrew the United States-led invasion of Saddam Hussein's regime in 2003.

    But instead of rebuilding Nath foreign companies own large-scale entry of Iraq because of the ongoing bombings, kidnappings and shootings.

    The Mark Malloch Brown, the Assistant Secretary-General of the United Nations Reuters on the sidelines of the conference that the reconstruction efforts faltered because of "problems with the commitments and the problems of delivery."

    Malloch Brown said that less than half the amount of 50 billion dollars of aid United Nations said that Iraq needs in the years following the Madrid conference for reconstruction in 2003 already arrived in the country.

    He added, "all of us who watched the Iraq since the 2003 accidental frustration that, despite the enormous political progress. The country is still in crisis. "

    Officials said the two sides that the Iraqi government will be primarily responsible for the implementation of the agreement. He said Hussein Shahrastani, Iraqi Oil Minister, it is expected that oil revenues of up to $ 60 billion annually by 2011 and half of this amount will be invested in the economy.

    However, Malloch Brown added, "But there is also a vital role for the international community. Iraq will need the assistance of doses strategy to fill the gaps. " The official did not mention the volume of international investment required.

    Saleh said that the government's efforts to support the transparency and efficiency of the fight against corruption and encourage private foreign investment in the country especially in the oil sector.

    And hit the oil industry that are the lifeblood of the Iraqi economy crippled by the explosions armed pipelines to transport crude.

    Saleh said that the Iraqi government hopes that the international community will continue to provide assistance to meet any deficiencies, including leading the country to the point at which the donor country rather than a recipient of aid.

  3. #8343
    Senior Investor pipshurricane's Avatar
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    Default Egypt participates in the meetings of the Ministers of the Interior of the neighbori

    (Voice of Iraq) - 11-09-2006 | This issue was sent to a friend

    Egypt participates in the meetings of the interior ministers of Iraq's neighbors JEDDAH

    Jeddah from Jamil Afifi
    Egypt is to participate with a high-level delegation in the meetings of the Ministers of the Interior of Iraq's neighboring countries, which will be held in Jeddah next Monday, and the participation of Saudi Arabia, Kuwait, Iran, Turkey, Syria, Jordan and Bahrain.

    An official Saudi source that the interior ministers in their meeting will recognize the establishment of a general secretariat to act as a liaison and coordination between the eight countries, With regard to security cooperation. the fight against terrorism and organized crime. He added that the idea of establishing such a secretarial raised at the first meeting of ministers in Tehran two years ago, discussed at the second meeting, which was held in Istanbul last year. The Ministers agreed to be resolved at the meeting in Jeddah. The source explained that the interior ministers about to sign a protocol on security to combat terrorism and organized crime, among the countries neighboring Iraq, and would tighten the noose on the terrorists and armed groups, The work on non-transmission of the danger to Iraq's neighboring countries, and to prevent infiltration and smuggling, and to assist Iraq to restore security and stability, and to prevent terrorist organizations from infiltrating Iraqi territories. The chair meetings of the Ministers of the Interior of the neighboring countries of Iraq. , which lasts for one day, Prince Nayef bin Abdul Aziz, Minister of Interior of Saudi Arabia.

    The Meeting will be preceded by preparatory meetings of senior officials of the Ministries of Interior of the Iraqi neighboring states in Jeddah and will last for three days. for the preparation of files and the Meeting of Ministers agenda, and the preparation of what will be agreed upon, and signed the final.

  4. #8344
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    Quote Originally Posted by pipshurricane View Post
    (Voice of Iraq) - 11-09-2006 | This issue was sent to a friend

    The United Nations and donors are placing a road map for the rebuilding of Iraq

    Abu Dhabi (Reuters) - Officials from Iraq met, the United Nations and foreign donors on Sunday to create a road map for the rebuilding of Iraq and the attempt to make this country reach economic self-sufficiency within five years.

    Barham Salih said the Iraqi Deputy Prime Minister, said that under this initiative, which called the International Agreement for the sake of Iraq will ask Baghdad aid from governments and international organizations, while encouraging private investment in its oil strategy.

    He continued after the meeting, which was held in Abu Dhabi and attended by senior officials from the United Nations, the World Bank and representatives from several Arab countries and Western that the agreement sets the road map of what is required to restore the natural stability to Iraq. He added that it is not merely a collection of funds.

    The meeting is a prelude to high-level talks planned in September 18 September the United Nations in New York, where officials discuss implementation of the agreement in the framework of the relevant Security Council resolutions.

    It was Iraq, which contains the third largest oil reserves in the world and is a major producer might expect to receive billions of dollars in foreign aid after that overthrew the United States-led invasion of Saddam Hussein's regime in 2003.

    But instead of rebuilding Nath foreign companies own large-scale entry of Iraq because of the ongoing bombings, kidnappings and shootings.

    The Mark Malloch Brown, the Assistant Secretary-General of the United Nations Reuters on the sidelines of the conference that the reconstruction efforts faltered because of "problems with the commitments and the problems of delivery."

    Malloch Brown said that less than half the amount of 50 billion dollars of aid United Nations said that Iraq needs in the years following the Madrid conference for reconstruction in 2003 already arrived in the country.

    He added, "all of us who watched the Iraq since the 2003 accidental frustration that, despite the enormous political progress. The country is still in crisis. "

    Officials said the two sides that the Iraqi government will be primarily responsible for the implementation of the agreement. He said Hussein Shahrastani, Iraqi Oil Minister, it is expected that oil revenues of up to $ 60 billion annually by 2011 and half of this amount will be invested in the economy.

    However, Malloch Brown added, "But there is also a vital role for the international community. Iraq will need the assistance of doses strategy to fill the gaps. " The official did not mention the volume of international investment required.

    Saleh said that the government's efforts to support the transparency and efficiency of the fight against corruption and encourage private foreign investment in the country especially in the oil sector.

    And hit the oil industry that are the lifeblood of the Iraqi economy crippled by the explosions armed pipelines to transport crude.

    Saleh said that the Iraqi government hopes that the international community will continue to provide assistance to meet any deficiencies, including leading the country to the point at which the donor country rather than a recipient of aid.
    I have seen this one and it doesn't ji've with SGS's call out. Neither did the one with PM's visit to Iran. So I am going with SGS's call before the 17th. I am a "Gambling Man" now!! I can not find anything that forsure says anything different. And I have been at it all Damm Day. But it is worth it.

  5. #8345
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    Quote Originally Posted by neno View Post
    I have seen this one and it doesn't ji've with SGS's call out. Neither did the one with PM's visit to Iran. So I am going with SGS's call before the 17th. I am a "Gambling Man" now!! I can not find anything that forsure says anything different. And I have been at it all Damm Day. But it is worth it.
    Yes if we not seen any r/v this month,i don't know what this government need to move forward.With inflation out of control etc...They have no choice or i don't understand at all the situation right there.I cant imagine this month will pass within a r/v in they air.

  6. #8346
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    Quote Originally Posted by clueless View Post
    TOKYO, Sept. 8, Sep 08, 2006 (Kyodo via COMTEX) -- (Kyodo) - (EDS: ADDING INFO IN 6-7TH GRAFS)

    Group of Seven financial chiefs are likely to discuss world economic issues such as exchange rates and high oil prices, and a plan to reform the International Monetary Fund when they meet Sept. 16 in Singapore, Japanese Finance Minister Sadakazu Tanigaki said Friday.

    Tanigaki, who will chair the one-day meeting, said finance ministers and central bank governors from Britain, Canada, France, Germany, Italy, Japan and the United States also plan to discuss ways to revive stalled global trade liberalization negotiations under the World Trade Organization.

    The G-7 plans to hold a separate meeting the same day with finance ministers from China, Singapore and Thailand, he said at a news conference.

    Tanigaki said he expects G-7 officials to discuss currency issues with regard to world economic developments, but declined to comment on a remark Thursday by German Deputy Finance Minister Thomas Mirow that the G-7 will take up the issue of the yen's recent weakness especially against the euro.

    more... G-7 eyes forex, oil prices, IMF reform at Singapore meeting
    With this from cluless it seems it will have to be announced before this as this indicates messures for the the tradding market. I still dont think anyone will get behind a poldium an say the dinar is ?????. I believe we will have to find it ourselfs as we did with the Chase and other Banks now doing what they are doing. Just keep a watchful eye and ear out. I feel it is coming IMHO.

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    for some reason....these peoople seem to love to reschedule ever session they have....lets think about this.....every time we are getting close to a revel.....its back to the drawing board and give us a week....give us 2 weeks...etc....etc...if we think its frustarating to us.lets think about how frustrating to its "CITIZENS" it must be....some time ...sooner then later....their citzens are going to get tired of all this ""BS""......IMHO....and i can assure u i am not or will i ever say anything against anybody who tries to predict or say when this thing will revel....it must be hard to try to predict a revel...almost impossible with everybody pulling in different directions......hope they can resolve this situation and hurry up and revel this for the good of their citizens....instead of for each other....GO DINARS...Pat

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    Quote Originally Posted by pipshurricane View Post
    Yes if we not seen any r/v this month,i don't know what this government need to move forward.With inflation out of control etc...They have no choice or i don't understand at all the situation right there.I cant imagine this month will pass within a r/v in they air.
    Agreed. It must already be all done as far as my research has gone for the last 24 hours. I am up beat for the fact I can not find anything besides that article that might indicate just one day past her date. The one by clueless is even for the 16th and that one is pretty explanatory of the Market Measures to be set.

    I am throwing in the "Towel". If you figure the hours spent on this, we are on overtime along time ago. How about you "ph"? I am Tired.

  9. #8349
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    Quote Originally Posted by neno View Post
    Agreed. It must already be all done as far as my research has gone for the last 24 hours. I am up beat for the fact I can not find anything besides that article that might indicate just one day past her date. The one by clueless is even for the 16th and that one is pretty explanatory of the Market Measures to be set.

    I am throwing in the "Towel". If you figure the hours spent on this, we are on overtime along time ago. How about you "ph"? I am Tired.
    Yes thats for sure we need a brake and a long one so come on.9 inning 2 out with base loaded lets go Maliki and the gang hit this grand slam for the big party

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    hey you two you are part of the backbone of this Dinar thread . you can't give up now. we all need your encouraging posts. It will Happen--- only God Knows when. BOB

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