Thread: Iraq/Dinar News. before Febuary 2nd 2006

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And Mahdi Army Makes Three Fronts in Iraq - by Gareth Porter

http://ca.today.reuters.com/news/new...A-IRAQ-COL.XML

Azzaman in English

Sotaliraq.com

Iraq needs regional partnership involving Iran, Syria | Iraq Updates

Iraq | Taking on the Shia militias | Economist.com

WP: Troops allowed to kill Iranians in Iraq - washingtonpost.com Highlights - MSNBC.com

i think the fil-ici-hcl all need to be passed and IMPLEMENTED prior to a rv. questions, comments, ideas, kool-aid??

Originally Posted by lglwzrd

i think the fil-ici-hcl all need to be passed and IMPLEMENTED prior to a rv. questions, comments, ideas, kool-aid??

i believe our cashcow portion of the program is what we await. the big money contractor, hcl.

all the rest are complete and await the hcl to complete the 'economic package' that were going to know and love.


oh, btw, i concur with the 'more than we expect' statement.

ok, there were no articles posted on thursday at al sabaah. and no 'economic' articles since tuesday edition. wednesday's version was extremely long with alot of articles but nothing on the economic section.

this is the govt. owned newspaper btw.

Originally Posted by lglwzrd

i think the fil-ici-hcl all need to be passed and IMPLEMENTED prior to a rv. questions, comments, ideas, kool-aid??

Ah cmon lgl, don't you know all of the famous suicide cults drink flavor-aide.....

Kool-aid is whole different brand, its fun, its even got that big ol fat punch bowl guy... Man those were the days, even a tv character could be fat with no guilt. The Kool-aid guy would have to be a straw nowadays...

Originally Posted by archangel

Iraq in talks with Chevron, Exxon for $3B petrochemical plant

01/25/2007

By SPENCER SWARTZ / Associated Press


Iraq is in negotiations with Chevron Corp. and Exxon Mobil Corp. to build a new $3 billion petrochemical facility, and is in talks with several other Western companies over industrial projects.

In an interview Thursday, Iraq's minister for industry and minerals Fawzi Hariri said the discussions with Chevron and Irving, Texas-based Exxon began this week in Washington and are at an early stage.

"It will be one or the other company for this new facility, not both," he said. "We're hoping to have a (Memorandum of Understanding) in place by about July."

Hariri took his first trip to Washington early this week and met with several companies about industrial projects. The other leg of his trip took him to London, where he also met with a number of firms.

The minister, who has been in his post since last June, said the issue of security was a prominent feature of the discussions, given the sectarian conflict that has come to characterize Iraq over the past year. He said he emphasized to the companies that much of the violence has been in Baghdad. "What you see on the television is real ... but it's concentrated in the capital," said Hariri.

The discussions with the companies have been greatly aided by an Iraq foreign investment law that won final approval last October, he said.

Hariri said he hoped discussions with ABB Lummus, a unit of Swiss-Swedish electrical engineering company ABB Ltd., Dow Chemical Corp. and KBR Inc. over rehabilitating existing facilities would lead to tentative agreements by around March. "This is what we're hoping for but we will see," he said.

The contract with ABB Lummus could be worth $100 million, while Dow Chemical's contract could be $40 million to $50 million, the minister added. The contract forms for all the deals under discussion would include joint ventures.

While in the United States, the minister also held talks with the U.S. Geological Survey about performing a nationwide survey of Iraq's potential mineral base. He said he "had a good discussion" with the Export-Import Bank about possibly providing some of the financing for a nationwide survey to gauge Iraq's resources.

"We know we have iron ore and we think we have copper and probably gold," he said, adding that those opinions were based on old data.

Hariri plans to have discussions with General Electric Corp. over possible power turbine contracts and with General Motors Corp. over contracts for service vehicles, such as fire trucks and ambulances. The latter contract would be worth $80 million or less.

Over the next several years, the minister said Iraq would look to privatize all of state-owned industry, which number around 60 companies. He also said Asian companies were keen to enter discussions with the Iraqi government over industrial contracts.

Hariri said Iraq was also in discussions with San Francisco-based Bechtel Corp. over engineering contracts, but did not elaborate. The company recently said it was leaving Iraq after suffering through a spree of violence that killed 52 workers. The departure of the company served as another sobering reminder of how the carnage in Iraq has scrambled the United States' ambitions to rebuild the country.
Dallas Morning News | News for Dallas, Texas | Texas/Southwest

The discussions with the companies have been greatly aided by an Iraq foreign investment law that won final approval last October, he said.

Guess you can chalk that one up for Susie. Right on the money little lady.

While in the United States, the minister also held talks with the U.S. Geological Survey about performing a nationwide survey of Iraq's potential mineral base. He said he "had a good discussion" with the Export-Import Bank about possibly providing some of the financing for a nationwide survey to gauge Iraq's resources.

"We know we have iron ore and we think we have copper and probably gold," he said, adding that those opinions were based on old data.

Everyone Aboard the Dinar Train, woo woo, its about to leave the station....

Originally Posted by neno

Yes 6 days left. But, doesn't Iraq GOP have to have this Oil Law (HCL) done by the WTO meeting on Feb.7th?????? I am under this impression.

Hmm, kinda interesting that the CBI exchange rate should be around 1260:1 around February 7th, at the current weekly rate changes....

Hmm, very very interesting....

Announcing the establishment of a Union for middle Furat economists

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26 January 2007 (Iraq Directory)
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The establishment of a union for Iraqi economists and administrators of middle Furat were announced in Babylon.

Dr. Jawad al-Bakri, a member of the federation, said that the constituent congress resulted in the election of Professor Dr. Adnan Daoud Salman Al-Athari as chairman of the Union, Assistant Professor Dr. Moussa Khalaf Awad as scientific Vice President, Assistant Professor Dr. Ahmed Khalil Al-Husseini as administrative Vice to the President of the Federation and the membership of each of Dr. Khalid Hussain Marzuq, Dr. Atef Lafi al-Sadoun, Dr. Jawad Kadhim al-Bakri and Dr. Amal Abdul Muhammad Ali.

Al-Bakri pointed to the objectives of the Union, embracing economic activities on the Iraqi arena, holding seminars and conferences in cooperation with formal and informal institutions and bodies on economic and administrative consultations in the form of research and scientific studies, the promotion and dissemination of knowledge of the economic and administrative issuances and administration through scientific conferences, following up regional and international economic developments, unifying and coordinating the efforts of economists and administrators and defend their rights as well as adopting their cases, participating in the development of economic solutions to problems with counterparts of Arab and international federations, and finally, cooperating and coordinating with other institutions of civil society in order to serve its issues.

Al-Bakry said that the Union would be issuing periodic bulletins concerning eventful economic and administrative events that occur in the Iraqi or international arena. It will also provide counseling to economic institutions, government bodies and non-governmental organizations in economic and administrative areas, in addition to holding scientific conferences addressing one of the topics that concern the Iraqi economic interest Iraqi academics in the economic areas, and it will issue an annual report on economic and social situation in Iraq as well as issuing a quarterly scientific journal concerning economic and administrative affairs.

The World Bank held a conference of the administrative reform in Arbil

10:2010:20 2626 // 0101 /200/ 200 77

Yesterday Mr. Othman Shwani Planning Minister in the government of the territory Cordstan before noon on January 25, 2007, a delegation from the World Bank, in the meeting was the presence of a number of advisors, the ministry has been talking about the relations between the World Bank and the government of the territory Cordstan and how to consolidate these relations and the issue of holding the conference for administrative reform, which is scheduled to be held by the World Bank next Sunday in Arbil.

And, Mr. Minister of Planning territory Cordstan appropriate for the application of the World Bank for the security and stability, and the willingness of the government of the territory Cordstan contribution to the implementation of projects for the bank in the area of administrative reform.

He expressed the willingness of the government of the territory of Shuani Cordstan to provide support to the World Bank for its success in Iraq and Cordstan territory, and called on the World Bank through the delegation to open a branch in the territory Cordstan par with the relevant federal authority.

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January 25, 2007
Encouraging signs in Iraq
Greg Richards

Nibras Kazimi has a column in today's (Thursday January 25, 2007) New York Sun titled "Turnaround in Baghdad." His thesis is that we are making real progress in Iraq:

The wider Sunni insurgency - the groups beyond Al Qaeda - is being slowly, and surely, defeated.

Is there any other evidence to support Kazimi's scenario? We here at AT have been pointing to the remarkable surge in the value of the Iraqi dinar that started at about the same time and has continued right through today. Since the September/October period, as can be seen in the chart, the Iraqi dinar has gained about 14% in value, a very large move for a currency.

http://www.americanthinker.com/blog...ns_in_iraq.html


Iraqi Dinar : Iraqi dinar exchange rate continues hiking

Friday, January 26th 2007

The Iraqi dinar (ID) exchange rate continued hiking against the U.S. dollar in the Central Bank of Iraq's (CBI) auction Jan. 23.

The U.S. dollar rate was 1295 ID on Tuesday, down from 1298 on Monday.

The CBI sales increased Tuesday. The CBI sold 60,605,000 U.S. dollars Tuesday, whereas it sold only 18,560,000 on Monday.

Fourteen banks participated in Tuesday's auction whereas 16 banks participated in Monday's auction. CBI did not buy any amount of money Tuesday.

Iraq..._111243 9.html