Thread: Iraq/Dinar News Before Febuary 12th, 2006

A press release on the opening of a police station in Lalonde

(Voice of Iraq) - 11-02-2007
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The Republic of Iraq

Council of Ministers-the National Center for Media
Media Relations
A press statement / Press Release
Sunday 2-11-2007
Lalonde opening of a police station in the city of Karbala
The media source in the police administration over the opening of Karbala Lalonde center of police in the city of Karbala, which will be a Kidd, in maintaining the security and the prevention of Karbala holy intercourse AT terrorist infiltration to the city of Karbala.

The source added that the center will have the task of eligible security and law forth in the Lalonde, which lies 20 km u capital Karbala, as well as the proximity of the Jurf al-Sakhr and offerings south, which attest to the presence of large numbers of terrorists .

It should be noted that the Center was built a cost of 50 million dinars and supervised police command in Karbala after the constructive k You assume the functions of the American forces building centers of evil Taha and the costs of Baher.

A press release on the Baghdad meeting was chaired by the Secretary for managers

(Voice of Iraq) - 11-02-2007
This issue was sent to a friend

The Republic of Iraq

Council of Ministers-the National Center for Media
Media Relations
A press statement / Press Release
Sunday 2-11-2007

Secretary of Baghdad chair a meeting of the directors of municipal services e in Baghdad and emphasizes the Efforts must be made to upgrade the level of services Almekd away the citizens
The Secretary of Baghdad, Dr. Saber Al-Issawi Chambers Mayor of the municipality of Baghdad all need to make the Almaz the hands of the effort to make the operations of cleaning and raising useless mandates for the better, especially in areas which suffer from or lost difficult security and the accumulation of waste inside.

He added during a meeting chaired by the Under-Secretary-annexation Baghdad Llah Non municipal and general managers of the Municipal k the scourge to discuss the reality of cleanliness in the city of Baghdad, and the ways in a suffice to upgrading this reality for the better and Ahs n stressing that the municipal districts that are Balashra P complete clean-up operations and the cancellation of operators Alenda Fe.

The press office of the secretariat of Baghdad that the conferees discussed the reasons for the poor hygiene in some areas and lack of Age R cleaners and lack of commitment times always Lho loyal workers was reached that the municipal services all e announcing the need for sanitation workers holding Okt you vehicles to garbage collection, hiring and Alash Raph direct the work of cleaning through observer Yen and the abolition of the role of mediator (the contractor) with a view to reaching a the degree of cleanliness and increase services in this pain toured.

Baghdad also asked Secretary of the municipal districts all Astkhadd Or car (Alcansh) in the main streets to increase n Zavh streets, especially that this car cars jurisdictional and represents a civilized state.

Those attending the meeting discussed the need for receipt of municipal districts communication devices, which provided the secretariat and installed in Baghdad Auto services for use in secure communications the difference between operating and municipal districts on par with what Mom AIPAC in most capitals of the world.

The Secretary stressed Baghdad during the meeting the need Alahtma m agriculture and the cultivation of all the empty squares within Waller chosen geographical and converted to green squares with Alahtm Or increase the creation of parks and provision that the game and entertainment means to vent residents of neighborhoods in addition to housing Azva kind of aesthetic of the area.

He pointed out that agricultural departments responsible for the continuation P j compensation from the damaged crops that have been cultivated earlier a nurturing ... He added that the secretariat would Baghdad for Christmas trees e distributed about (100) thousand seedlings free of charge to the citizen Yen to be cultivated by them in front of their homes to participate in Tje miles town.

He appealed to Dr. Issawi at the conclusion of the meeting Aha me city of Baghdad to cooperate with cadres of the Secretariat hinted Serbian on the cleanliness of their city (Baghdad), through lack of a throw for waste indiscriminately.

A press release on the conclusion of the talks Iraq - a the Korean

(Voice of Iraq) - 11-02-2007
This issue was sent to a friend

Council of Ministers-the National Center for Media
Media Relations
A press statement / Press Release
Sunday 2-11-2007 Closure of the Iraqi-Korean talks and the signing p I have a comprehensive record of all economic areas Wa the trade, transportation and reconstruction

Concluded in the South Korean capital on Thursday, a Convention for the current month Iraqi Korean talks e within the joint committee meetings, which began in the bad l for the period from 9 - 5 February.

Dr. Hassan Abdel farmer Sudanese Minister of refuge danger head the Iraqi side in talks that lateral n agreed to a set of points and great topics R. Fatha three committees problem within the Committee Chairperson , which consisted of experts and technicians.

The minister added that the parties agreed in a field for commercial and financial, among other topics foremost Alatv Requests for joint cooperation between the Iraqi and Korean companies e well as an agreement on investment promotion for the companies Korean in Iraq after that offered advantages law Alastthma t to the new Korean side also agreed to T. Beddel participating in exhibitions backed by the Ministry of trade.

In the area of Almardhi emphasis was placed on the right of the opposition Ko Rayya and for opening branches in Iraq and contributing to the% pw bruises Iraqi Special well as an agreement on opening opportunities knowing marvel for the purpose of rehabilitation Alkadraloutne seeks annexation of Iraq a me WTO and the two sides agreed to pw 1,053,600 piracy relevant international eco-Walt ongoing.

The Sudanese record that the text of the joint agreement to grant Iraq training opportunities in the field of construction, transport Baka al Fe details and the exchange of information related Balamsha royalty and safeguards and propose a deal with financial issues the old limit now pending between Korean companies and the According to the Iraqi side of Paris Altak by that tenders announced in Iraq open to Gemi p States and without any differentiation.

The agreement on the Korean side process reconstruction in Iraq, and to provide technical assistance, etc. libra in many of the projects and the processing of the Ministry of Transport pw retired additional trucks have also been equipped previously addition to discuss the issue of reviving the conventions in the two previous Air Transport in 1986 and demand from the Korean side Might j moving flights to Iraq.

The Minister of Construction and Housing Ms. make a statement Il Dizah Ivanov, joined those meetings had occurred Mudzakir e understanding with the Korean side and signed with the side you Mr. Lawrie and Minister of Construction and Transportation has addressed countdown by points of cooperation in the field of work and the two ministries in August Rice emphasized points of agreement on joint cooperation in m toured oil, kerosine, energy sources, especially in research like birth of energy production in addition to an invitation to the Minister of oil for the purpose of conducting a memorandum of understanding on cooperation b the sources of energy as well as the training of professionals in the field of oil in Korea, in addition to cooperation in the field of higher rates the import of Iraqi oil by Korea as well as cooperation in the field of oil industries.

Originally Posted by ozizoz

This is all my conjecture based on common sense and I have no links to support anything . . .the following is IMHO

We have all read the posts of late talking about private corporations who have negoitated contracts already based on certain currency rates. We know about the Hydrocarbon and Gas Summit scheduled for April 17-18 to sign contracts and carve up the turkey. The major multi-national, multi-billion dollar companies are waiting to move into Iraq and make a Shiite load of cash off of the drilling, refining, and distribution of Iraqi's Oil and Gas. Everyone knows its coming, its all a matter of time.

Companies dont get to the multi-billion dollar level by being anything less than shrewd in there business practices. They know they are going in, so why wouldnt the procure dinar now and rock bottom prices and just hold them? Why pay $1-$3 for something when you can pay $1 and get 1288 of them?????

This is all dinar that WONT come rushing in when a reval occurs! I am sure we are talking about billions and billions (if not trillions) of dinar being held by private corporations world wide that would show up on a spead sheet as some kind of capital investment. My feeling is that the dinar being held by Joe Schmo is so miniscule in comparison, we dont matter.

We are simply the cost of doing business. So in my mind, the arguement that Iraq cant reval at a high figure, $1 - $3+ becuase everyone will cash out and destroy the dinar value, it just doesnt hold water (or oil).

Yes. In addition we have to remember that everyday there are people discovering this investment and getting on board. Whenever we decide to cash in our dinar, the bank won't necessarily run to the CBI and ask for dollars. They will just sell it to other investors just like us. Their return on investment won't be as astronomical as it is for us but if they buy in at $1.20 they will still double their money and since the HCL, FIL will all be done the perceived risk will not be as high either.

Michael

http://www.alertnet.org/thenews/newsdesk/KAR152892.htm

BAGHDAD, Feb 11 (Reuters) - Iraqi forces will step up their deployment on the streets of Baghdad this week as part of a U.S.-backed offensive against militants, Shi'ite Prime Minister Nuri al-Maliki said on Sunday.
The crackdown, which U.S. officials said began last week, is seen as a final attempt to prevent an all-out sectarian war between Iraq's dominant Shi'ites and minority Sunni Arabs.

While saying the offensive would accelerate at a gradual pace, Maliki said "very soon, this week, will witness a heavy deployment of the security forces from (the Iraqi) police and the army".

U.S. President George W. Bush has promised to send 21,500 more American troops, mostly to Baghdad, to help with the plan. Thousands of Iraqi reinforcements have already arrived from other parts of the country.

Some 85,000 U.S. and Iraqi soldiers will be available for the offensive when all reinforcements are in place.

Both Bush and Maliki are under growing pressure from war- weary constituents to halt Iraq's descent into chaos.

Shown on local television, Maliki said the increased deployment would take place across all of Baghdad's districts.

"The plan aims at cleaning these areas and disarming (militants)," Maliki said.

He said the crackdown was intended to make it safe for residents forced to flee their homes by sectarian attacks to return.

Maliki, a Shi'ite Islamist, has vowed to tackle militants on both sides of the sectarian divide. He has been criticised in the past for failing to confront Shi'ite militias tied to parties within his government.

Maliki said the security plan also aimed to revive the economy in Baghdad and boost government services that have been badly affected by violence.

Voices of Iraq / Baghdad
Posted by saleem on Feb 11, 2007 - 06:28 PM
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Iraq-Currency
Dollar demand lower, exchange rate stable in Iraqi auction
By Dergham Mohammed Ali
Baghdad, Feb 11, (VOI) – Dollar demand was lower on Sunday, the first trading session this week, in the central bank daily auction to $53.080 million compared to $63.200 million on Thursday.


Iraq-Currency
Dollar demand lower, exchange rate stable in Iraqi auction
By Dergham Mohammed Ali
Baghdad, Feb 11, (VOI) – Dollar demand was lower on Sunday, the first trading session this week, in the central bank daily auction to $53.080 million compared to $63.200 million on Thursday.
In its daily statement on Sunday the bank said it covered all bids which were $22.880 million in cash and $30.200 million in foreign transfers at an exchange rate of 1,288 dinars per dollar, unchanged from Tuesday.
Fifteen banks participated in Sunday’s auction and offered to sell five million dollars which the central bank bought all at 1,286 dinars per dollar rate.
Ali al-Yaseri, a trader at the auction, said "the dollar stable exchange rate for the fourth session running encouraged more transactions in the central bank daily auction for both selling and buying dollar."

Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

Voices of Iraq / Najaf
Posted by nakr2004 on Feb 11, 2007 - 05:14 PM
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Najaf-VP
Iraqi VP arrives in Najaf, expected to meet Sistani
By Haider al-Kaabi
Najaf, Feb 11, (VOI) – Iraqi Vice President Adel Abdul-Mahdi arrived in the Shiite holy city of Najaf, 161 km southwest of the capital Baghdad, and is expected to meet Grand Ayatollah Ali al-Sistani, a source in Najaf told the independent news agency Voices of Iraq (VOI) on Sunday.

Najaf-VP
Iraqi VP arrives in Najaf, expected to meet Sistani
By Haider al-Kaabi
Najaf, Feb 11, (VOI) – Iraqi Vice President Adel Abdul-Mahdi arrived in the Shiite holy city of Najaf, 161 km southwest of the capital Baghdad, and is expected to meet Grand Ayatollah Ali al-Sistani, a source in Najaf told the independent news agency Voices of Iraq (VOI) on Sunday.
Abdul-Mahdi's visit to Najaf comes after a one-week visit to Tehran early this month, coinciding with a visit by Abdul-Aziz al-Haeem, the leader of the Shiite Supreme Council for Islamic Revolution in Iraq (SCIRI), to Najaf.
The visits fall within efforts and political moves along the new security plan.
The source added that Abdul-Mahdi will take part on Monday in ceremonies commemorating the Samarra blasts, which took place in February 2006 and destroyed the Shiite shrines of Imams al-Hadi and al-Askari.
Organized by SCIRI, the ceremonies will be attended by religious and political figures in Iraq, said the source.
AE

Najaf-VP :: Aswat al Iraq :: Aswat al Iraq

Invitation to finance the national industry of small and medium-sized enterprises

Baghdad-up to the citizen

A banking expert said Badr Gillan that the industrial sector a of particular in Iraq was deteriorating following the issuance of the so-called, submitted The nationalization in 1964, However, it regained some private industrial activity Ave Teh later, especially in the wake of increased financial resources due to a correction the frenzy of oil in 1973, with the establishment of many industries, the task before cascade Tao sector in various areas, Then came the government's decisions in 1987 that targeted the j called privatizing a wide range of industrial companies and Ti Lowell ownership to the private sector. although the evaluation and sale of these projects circumstances p Mainland dominance of a number of men of the ousted regime of this evil kat, But the state continued to exercise policies that would leaking l alternative to the private sector and real legislation has been many a the laws and the establishment of administrative structures necessary to support a the industrial activity and organizing, , the latest of which was the law of industrial investment activity of% Al and mixed (No. 20) of 1998.

Gillian, Badr added that those actions contributed to the increase the number of small craft, which have multiplied in pw may last of the last century, despite the embargo conditions. as the number of (40398) to 1991 (83006) p Or 2000, although it suffered some decline in the mid-1990s because of the imposition of the blockade and destruction of economic infrastructure and a service been more war in 1991, especially manpower high technical competence s d subjected to numerous instances of poor recruitment and Alastkhadd Or, losing in the operational areas and marginal profits purely , which means exposure to the real unemployment by the dispersion of market Labor and the lack of uniformity in as well as restrictions caused by inflation and turmoil Alaghtassa de which prevailed in the country for thirteen years. , called etc. Birch banking Badr Gillan to adopt financing program u I hope to save the small and medium sector for a of particular suffering from stopping or low energies output Wajih emphasizing the necessity of framing and implementation of the program funding M. prior to the banking system in the country under the auspices of the World Murr Xie Iraqi in particular, the private sector is facing an acute shortage in Kiffa Yeh capital for the revitalization of its Sana consciousness

جريدة المواطن العراقية

The exchange rate of the Iraqi dinar against other currencies in pw Serbian Basra
The news has been added on 2-11-2007 18:51

... The exchange rate of the Iraqi dinar against other currencies P j Basra Governorate


The Iraqi News Agency / National Iraqi-Luna / economic /

The American dollar 1300 dinars
Euro 1650 dinars.
UAE dirham 350 dinars.
Saudi riyal 340 dinars.
Jordanian dinar 1820 dinars
Kuwaiti dinar 4360 dinars

60 m

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The opening of the stock market supports development in Basra

Basra

The director general of the Central Bank of Iraq branch of Basra 34th the largest saw that the opening of the Iraq market securities fled p Basra will play an important role in stimulating the economy and ensuring T. actor economic seminars and raising the standard of living and mitigation of the phenomenon of unemployment, where will the banking system and financial institutions part whatever dealings within the framework of the market and the associated relationship p Dduih influential and thus the matter for the companies contributor. e which could be included in a market in Baghdad and j been circulating their shares at market branch in Basra Governorate. and a Zuhair Ali Akbar explained, "there was no longer any force in the Basra governorate m force to support investment, With no potential and the capacity and expertise, lack of funding there amounts of frozen funds and supposedly used to support Walton Mia and the economy and the establishment of this branch of the Stock Exchange Ara received would spread the investment awareness between citizens n and support existing projects and contribute to the development of projects c Dedeh and encourage investors to deal with the confidence of the Stock Exchange and credibility. , called on the Director of the Central Bank in Basra Altj TR, investors and owners of capital in the province in order to build this project and the establishment of an institution that supervises the e a market mechanism and management in accordance with the existing P j Baghdad market and neighboring countries. especially that the establishment of the Stock Exchange Branch in Basra will offerings Tthmerin in neighboring countries to invest and conduct their P j light of the fact that the site is a forum for Basra three countries in pertaining TR common border

جريدة المواطن العراقية