Thread: Iraq/Dinar News Until 5/31/2007 7:15 PM CST..

Originally Posted by Dinar-Excited

Hi Rondo,

I am back thanks for the pm.

Dinar-Excited

Article Posted: 05/30/2007 12:57:23 PM
Thompson: Iraq War May Be Won or Lost This Week
Saying it was time for the Iraqi Parliament to democratize oil revenues, former Wisconsin Governor, Tommy Thompson, called on Iraq's elected officials to meet the May 31 deadline and to see that every family in Iraq receive direct payments from the country's oil profits.

"If Iraq fails to pass a revenue sharing law that directly benefits every family in Iraq, then democracy and capitalism in the country will face a bleak future," said Thompson. "Winning the war in Iraq means establishing a functioning democracy among monarchies and dictators. But concentrating oil dollars among governments and oil companies, and leaving the people out, will only lead to the same old 'top down' system that has already failed."

Thompson has traveled the country on the campaign trail taking his three part plan to win the war in Iraq. His plan includes sharing oil revenues directly with Iraqi families, establishing states that elect local, independent leaders and encouraging the Al Maliki government to hold a vote in Parliament to establish whether the duly elected government of the people wants the United States to stay or go.

"In the short term, we have to calm the situation in Iraq. My plan is the best chance to start down that path," said Thompson.

Thompson believes his message on Iraq is partly responsible for his positive movement in recent polls. The most recent Des Moines Register poll showed Giuliani and McCain falling while Thompson and Romney gained.

"Republicans are hungry for hope that there is a solution for Iraq. I believe there is, but we cannot force it on the Iraqis, they have to want it. It's time for their government to set aside regional differences and pass an oil revenue sharing law that will benefit everyone, the federal government, regional governments but especially the people of Iraq. It would be a shame to come this far and do little more than enrich politicians and oil companies," said Thompson. "If they let this critical deadline pass without a new law, it should cause our government serious concern as far as future funding."
Southwest Nebraska News - from the Republican Valley Media Group, McCook, NE

I just got Home. My phone has been ringing like Crazy. I havent seen it yet but, am told on FOX NEWS they just anounced that the HCL has been Pssed. Need Help in Locating info Please.

There is no details on the Official Site. Wonder why. Inactment want be 30 days. According to info I have recieved on the ratification with Presidential Signatures, it takes effect in 15 days from May 19th of the Signing.

Originally Posted by rvalreadydang

Student Vice-Chairman of the Investment Committee in the House of Representatives of Iraq, Tuesday, the Kuwaiti government to drop the debt on Iraq resulting from the policy of the previous government, confirmed the need for Iraq to nearly 200 billion dollars to restore economic infrastructure and building the institutions of huge investment in the country.

".He said Abdul Hadi Hassani "call on the Kuwaiti government to drop the debt of Iraq because it is now investing the oil fields of southern Rumaila oilfields wells located on 94% of Iraqi territory and 6% fall on Kuwaiti territory."
واشار."He pointed out that "oil production for the southern Rumaila fields up to 8500 barrels of oil per day, while the production rate of the Kuwaiti side reach 350 thousand barrels a day." ".Hassani explained that the "Kuwaiti side digging wells for the extraction of oil in a horizontal famed for exploiting oil from Iraqi territory, including the Rumaila oilfields located on the southern side of Northern Iraq from Kuwait, it is easy to draw oil to the Kuwaiti wells adjacent."
".He added, "in the coming period will fall all Iraq's debt after the cancellation of 80% during the recent Sharm el-Sheikh."
الى.Hasani said that "Iraq is not a debt of the people or by the current government, which is the result of the policy pursued by arming the former regime by building military bases and military arsenal that have been inflicted upon the country and included it among the list of the city." .. Called on Arab countries to cancel debts.
".A "Anaul to the Arab Republic of Egypt to drop the debt on Iraq because it is not the capitalist countries, a poor country living on external assistance provided by States in the forefront of the United States of America."
.The Egyptian government announced following the Sharm El-Sheikh conference, which was held early this month that Iraq's debts amounting to about 800 million dollars, most of which are within the compensation Egyptian citizens who have been affected by the Iraq war, it does not have the right to waive them, With the other states participated in the overthrow Iraq's debts at different rates.
من.On the other hand, Deputy Chairman of the Investment Committee in the House of the need for Iraq to nearly 200 billion dollars to restore economic infrastructure and building the institutions of huge investment in the country, factor asphalt and petrochemicals, cement plants and others.
."He said that "the amount of 13 billion dollars allocated from the current budget to investment projects and services is a small amount compared with the actual need for the advancement of economic realities and investment in Iraq."
".Hasani added "the current budget year that are nearing the $ 42 billion budget, not the budget consumer reconstruction projects." ".He explained that "per capita income compared to the Iraqi few high material prices and despite the amendment were a little peace of staff salaries as well as a large armies of unemployed, which would lead to the availability of airspace for some to engage in armed Totals ... but the implementation of projects and the elimination of unemployment is the first solution, providing work is the second step. "
http://64.233.179.104/translate_c?hl...px%3Fid%3D3845

Am I reading this right? Does this say that Kuwait is now dropping all of Iraq's debts?

Originally Posted by neno

There is no details on the Official Site. Wonder why. Inactment want be 30 days. According to info I have recieved on the ratification with Presidential Signatures, it takes effect in 15 days from May 19th of the Signing.

15 days from May 19th is June 3! Which is this Sunday!

Neno i don't see anything yet on fox site or the other news wires...will keep looking though.

choochie......it looks to me like they are saying it's forgiven, but every time we see those anothe comes out denying, lol

[QUOTE=choochie;208521]15 days from May 19th is June 3! Which is this Sunday![/QUOTE


WOOOOOOOOOOOOOOOOOOOOOOOOTTT!!!!
Come on RV!!!!Thanks Neno,great news!!!!
Sarah!!!!

Bush Nominates Former Deputy Secretary of State Robert Zoellick as Next World Bank President
Wednesday, May 30, 2007

E-MAIL STORY RESPOND TO EDITOR PRINTER FRIENDLY VERSION
AP


May 30: President Bush, left, announces Robert Zoellick, right, as his choice to replace outgoing World Bank president Paul Wolfowitz.
May 30: President Bush, left, announces Robert Zoellick, right, as his choice to replace outgoing World Bank president Paul Wolfowitz.
WASHINGTON — President Bush on Wednesday moved to defuse the volatility among World Bank members by choosing former Deputy Secretary of State Robert Zoellick to succeed embattled chief Paul Wolfowitz.

Bush's announcement, received internationally with mostly positive reaction, comes at a time of turmoil at the World Bank. Zoellick, 53, would take over after Wolfowitz steps down June 30 after a special bank panel found that Wolfowitz broke bank rules when he arranged a hefty compensation package in 2005 for his bank employee girlfriend, Shaha Riza.

Zoellick, a Goldman Sachs executive, now faces the challenge of building trust and credibility. Zoellick must win approval by the World Bank's 23-member board.

Zoellick promised to help the World Bank get past the scandal, saying the poverty-fighting institution's "best days are still to come."

"The World Bank has passed through a difficult time for all involved. There are frustrations, anxieties and tensions about the past that could inhibit the future,” Zoellick said from the White House after Bush spoke. “This is understandable, but not without remedy.”

(Story continues below)

Advertise Here
Advertisements
RelatedStories
Bio: Robert Zoellick White House Likely to Announce New World Bank Chief This Week Bush: New World Bank President Will Be an American White House Expects to Receive Recommendations for Wolfowitz Replacement Soon White House Plans to Quickly Replace Wolfowitz Bush touted Zoellick's long list of accomplishments qualifying him to take over the reins of the poverty-fighting institution.

"Bob Zoelllick brings a wealth of experience and energy to this task," Bush said during the announcement from the White House. "He is deeply devoted to the mission of the World Bank."

• Click here to read Zoellick's biography.

The World Bank has a vital mission to overcome poverty and despair, Zoellick said.

“It would be an honor to help lead this key institution and to work with the many fine professionals from all over the world who are dedicated to overcoming poverty and creating opportunity," he added.

Bush thanked Wolfowitz, who was not present at the announcement, for his service and accomplishments at the World Bank, calling him a "man of character and integrity."

Zoellick stepped down from his post as deputy secretary of state last year to join the Wall Street firm of Goldman Sachs.

The bank's new leader will have to persuade countries to contribute nearly $30 billion over the next few years to fund a centerpiece bank program that provides interest-free loans to the world's poorest countries.

"The test of Zoellick is whether he manages to turn around the bank, which has been in huge disarray," said Elizabeth Stuart, senior policy adviser for Oxfam International, a group involved in helping the world's poor.

Zoellick could build upon strong relations he has developed worldwide as deputy secretary and U.S. trade representative. He was involved in peace talks in Sudan and as USTR, he played a key role in negotiations to bring China into the World Trade Organization. He forged free trade deals between the United States and other countries, including Singapore, Chile, Australia and Morocco.

Some global health and environment groups expressed concerns over Zoellick as the next bank chief.

Peru, however, welcomed the selection.

"My impression is that it's a good choice President Bush is making," Peruvian Foreign Trade Minister Mercedes Araoz told The Associated Press. "He was a driving force of the U.S. trade agenda in seeking association with developing countries, among them Peru."

"Professionally, he's competent but I'm not so sure about his background in developing economies or in helping developing countries," said Charad D. Wadhva, professor emeritus at the Center for Policy Research, a New Delhi think tank. "He may have to learn a lot to understand the needs of the developing countries. He understands the needs of the developed countries very well. "

Originally Posted by neno

There is no details on the Official Site. Wonder why. Inactment want be 30 days. According to info I have recieved on the ratification with Presidential Signatures, it takes effect in 15 days from May 19th of the Signing.

Here it is from the constutition:

Article 73:
The President of the Republic shall assume the following powers:
First: To issue a special pardon on the recommendation of the Prime Minister, except
for anything concerning a private claim and for those who have been convicted of
committing international crimes, terrorism, or financial and administrative corruption.
Second: To ratify international treaties and agreements after the approval by the
Council of Representatives. Such international treaties and agreements are
considered ratified after fifteen days from the date of receipt by the President.
Third: To ratify and issue the laws enacted by the Council of Representatives. Such
laws are considered ratified after fifteen days from the date of receipt by the
President.
Fourth: To call the elected Council of Representatives to convene during a period not

to exceed fifteen days from the date of approval of the election results and in the o

http://www.export.gov/iraq/pdf/iraqi_constitution.pdf