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

KRG supports oil and gas council
KRG supports Iraq oil and gas council
Earth Times - [03/02/2007]


The Kurdistan Regional Government supports a federal oil and gas council as a check on contracts and oil revenue distribution in Iraq.
Qubad Talabany, the KRG's representative to the United States, told UPI Friday the council it supports is an intergovernmental body that wouldn't have final say, but would serve as a mechanism of common cause for the rival factions in Iraq.


The Kurds and Shiites control the vast majority of Iraq's 115 billion barrels of proven reserves. Sunnis, in the minority though in control during Saddam Hussein's regime, fear unchecked regional control would deprive them of any of the oil revenue.

Kurds fear a strong central government, led by the majority Shiites, would do the same.

The council will be a fair body, Talabany said, without veto power but will recommend and comment on issues based on technical or economic reasons under a central framework that guarantees regions rights to revenues.The council would operate under the package of laws being referred to as the hydrocarbon law, which will set out rules for governance, control and revenue sharing of Iraq oil and natural gas development.

The council, made up of representatives of the regions and other key governmental posts from finance and trade, would oversee the mechanism for distributing the oil revenue. It would also be able to review contracts the region sign with oil companies.

BAGHDAD, Iraq (AP) -- Iraq's top Shiite cleric called Saturday for Muslim unity and an end to sectarian conflict, his first public statement in months on the worsening security crisis.

In a statement issued by his office, Grand Ayatollah Ali al-Sistani noted that differences between Sunnis and Shiites have existed for centuries but should not be the cause for bloodshed.

"Everyone realizes the desperate need for unity and for renouncing divisions, avoiding sectarian fanaticism and avoiding arousing sectarian disputes," the statement said. (Watch why U.S. intelligence agencies think civil war is too simple a term to describe the violence)

The Iranian-born cleric called on all Muslims to work to overcome sectarian differences and calm the passions, which serve only "those who want to dominate the Islamic country and control its resources to achieve their aims."

Al-Sistani, who is in his late 70s, has emerged as one of the most influential figures in Iraq since the U.S.-led invasion in 2003 because of his stature within the majority Shiite community.

But his calls for calm following the bombing of a Shiite shrine in Samarra last February proved ineffective in preventing a surge in Shiite-Sunni bloodletting. Since then he has largely refrained from public statements as the wave of sectarian killings has swept the country.

His last public statement was issued October 20, in which he lauded efforts of Sunni and Shiite clerics to stop sectarian violence.

In the latest statement, al-Sistani accused some unspecified individuals and groups of working to widen the schism among Muslims and foment sectarian differences. (Watch how violence struck during the Shiite holiday, Ashura)

Al-Sistani was apparently referring to Abdullah bin Jabrain, a key member of Saudi Arabia's clerical establishment, who last month joined a chorus of other senior figures from the hardline Wahhabi school of Sunni Islam that regards Shiites as infidels.

Bin Jabrain described Shiites as "the most vicious enemy of Muslims."

"Regrettably, it has been noticed that some individuals and some groups are working totally contrary to (reconciliation) by strengthening the divisions and deepening the sectarian disputes among Muslims," the statement said.

"They have increased their efforts in recent days after the escalation of the political conflicts aimed at gaining more authorities in the region."

He said those groups had sought to tarnish "a specific sect and reduce the rights of its followers and making others afraid of it."

Copyright 2007 The Associated Press. All rights reserved.This material may not be published, broadcast, rewritten, or redistributed.

http://feeds.bignewsnetwork.com/?rid...1d0aaa23b24a75

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MENAFN - Middle East North Africa . Financial Network News: Iraqi Central Bank expects more investments in 2007

Sotaliraq.com

Sotaliraq.com

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Kuna site|Story page|Iraqis themselves must take responsibility for the...2/3/2007

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Voices of Iraq: Baghdad-Sistani
Posted by: nakr2004 on Saturday, February 03, 2007 - 02:53 PM

Baghdad-Sistani
Sistani calls for closing ranks, avoiding sectarian sentiments
Baghdad, Feb 3, (VOI) - Grand Ayatollah Ali al-Sistani called on Saturday for closing ranks and avoiding sectarian sentiments "that seem insoluble for centuries now."
"There should be no arguments outside honest scientific research over this difference in beliefs now that they do not impinge on the pillars of the faith," said the top Shiite cleric in a statement received by the independent news agency Voices of Iraq (VOI).
Sistani urged stronger bonds of amity among the sons of one nation and peaceful coexistence based on mutual respect away from any sectarian sentiments.
"Anyone keen on the good of Islam and Muslims has to do their best to bring them together and lessen tensions resulting from some political disputes that would benefit only the enemies of Islam," said Sistani.
He noted that some have been recently working on nourishing sectarian differences among Muslims, taking advantage of political conflicts and hectic power struggle.
The statement, issued by Sistani's office, criticized some satellite stations and web sites which "give weird fatwas insulting certain Muslim groups" and falsely attribute them to Sistani only to spark sectarian troubles.

Baghdad-Sistani :: Aswat al Iraq :: Aswat al Iraq

Originally Posted by neno

But will High Lite in red.



All Means, security doesn't, but is importand, have to be done to get it done.

Also WTO insertion since 2004. Wow!!! Just More and More of the Theory (Mrs.CK's), being confirmed right here in this Article of Today.

Bye Got to go to Work.

With reading all the great thoughts/theories in the other thread and the mention of 3.22 not for much longer I don't think

Originally Posted by neno

From what I have been told. Bill Gates has been involved since Day One.

Yes I have heard that rumor too along with another gent by the name of Buffett

Originally Posted by Onenomad

Yes I have heard that rumor too along with another gent by the name of Buffett

I have read the articles regarding Bill Gates, but can you please tell me where I can find an article or link mentioning Warren Buffett's being involved in any financial ventures in Iraq? I would really like to read any you might know of. He is my financial idol. Thanks so much.

الصباحPreparation morning
استهللهذا العام.Iraqi Parliament launched in 2007 to discuss getting acquainted weight Assembly this year.
) مليار دولارDivergent views of specialists in the economic respect investment expenditure of this budget, the prize (4 1) billion dollars


فقد الواقع.Have been prepared by some as explosive and they will meet all the necessary requirements in various areas, With prepared by others as the budget does not meet the ambitious implementation of the overall plan to be implemented on the ground.
وأشار جديدة.The Minister of Planning and Development Cooperation on Ghalib during that the percentage of the deficit in the new budget year ( 10) trillion Iraqi dinars, saying that the inability of my Ak been more than is realistic, because the state owns some cash reserves in Sando s Development Iraq, He added that the budget is not the level of ambition for the ministry, Al Eid development, He pointed out that three trillion dinars projects rarely Are oil, or the rate (69, 23%) of the total allocations earmarked for the rehabilitation of the oil sector and enable it to increase its productivity and export, while the allocations of the Ministry of Electricity and approximately trillion 750 billion dinars for projects to improve and develop the networks d and the transfer of power in addition to the monitor (425) Yes Wen dinars to the Ministry of Municipalities and Public Works, (430 ) billion dinars to the Ministry of Health, (422) billion dinars brain Sash of the Ministry of Construction and Housing, (336) billion dinars. the Ministry of Education, The allocation (259) billion dinars for the rehabilitation of a school the list of the building of new schools.
.The Minister of Planning said that the draft had the support of the Non kip saw hit trillion (2) and (602) billion dinars, and said : There are a number of considerations that have imposed themselves in the the budget, the most significant expenditure, which has high security and defense estimated at (10) trillion dinars. the exorbitant cost of insurance card items Altmo Yene estimated Limits (3) trillion dinars.
.On the other hand, Kamal al-Basri, the Under-Secretary of pain mechanism : budget 2007 is good and meets the needs of most of Bel d, either service or health or education, He is not explosive, but try to satisfy embracing t needs and it is hoped to provide job opportunities for many of the unemployed, It has also given priority to all areas of investment and Ha oil, electricity, education and higher education and G. see was break investment projects in the field of development Territories.
.With the House of Representatives member Abbas Bayati that checks e will provide 150 thousand jobs as part of a policy to combat ducks god in the country, double the previous year's budget, It was double the budgets of the Ministries of Electricity and the earth. Yeh and education.
اما .The specialties that we can not disbursed to the provinces and the the ministries due to deteriorating security conditions will be rounded and in addition to the funds allocated in the budget this% pw M., the budget also took into account the increase Taurus Mountains in Turkey come on staff salaries, as well as the application of the law of retirement the new services personnel dissolved and that the involvement of some are the administrative organs and willing to refer them with over 15 years in retirement.
.The source expected in the Central Bank deficit in the balance of this because of pumping dollars into the local market to maintain a Stekarar dinar rate of exchange, His appearance Mohamed Saleh, Head of the Department of Statistics and Research the Central Bank of Iraq : The new budget will on the spending allocations BALDE Laar, noting that the rising value of the dinar positive impact through a change in expenditures to mitigate inflationary pressures P j Iraqi economy and reduce the costs to the price, Saleh emphasized that (95%) of the revenue budget pw the supply of oil revenues as a resource essential for the country, He pointed out that the coming days would be encouraging to raise values e dinar against the dollar, but could not identify the sheer after launching a real budget.

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Originally Posted by $onedaysoon$

03 / 02 / 07
A Fouad Massoum, President of the Kurdish bloc in the House of Representatives (Parliament), a for Iraqis, The Iraq budget for the current year, which delayed approval a, amounting to 42 billion dollars. He pointed out that the ratification would be after the allocations Guard Kurdistan.
He said Massoum told <Middle East> on the phone from Baghdad yesterday> supposed to finish the ratification of the budget tomorrow ( today) after resolving differences over the issue of allocations guard territory Kurdistan (constitutional name of the s)> , explaining that <Kurdistan guards assigned to protect a stick Iraqi borders and the establishment of checkpoints and control , and the tasks of the Ministry of Defense and must bear the pain financial Ssat to such responsibilities>.

The head of the Kurdish bloc in the House of Representatives that <Meza Iraq's intention to 2007 will be very large, amounting to 42 carefully t dollars; including 17% dedicated to the Kurdistan region, that is deducted from allocations sovereign institutions; the Presidency of the Territory and the head of government and the presidency Alberlm that, as some of them and international compensation, This means that the government of Iraqi Kurdistan would not receive the 17 full%>.

He explained that <majority of the ministries of Iraq has not spent facet Anyatha of last year, or before the full, due to the non-implementation of projects for the poor security situation, although these ministries did not spend less than 30% of Mizania elsewhere, and that these budgets are not, any not added to the Ministry's budget for the following year, but returning to the state treasury>.

The Iraqi government official had revealed l <Middle East> a n There is a surplus in the budgets of previous years, estimated 30 billion dollars>.The official added that the government refused to be identified, saying <k it is possible to implement large-scale projects in safe areas Iraq and the operation of idle hands and the lives of Cree - à-vis them, instead of re-payments to the Treasury>. وThe entire Iraqi MPs in a statement to the Agency they said German news <that the delay approval ALMAO offset delay the work of the government and parliament> demanded the Deputies promptly resolve the contentious points

I've been wanting to do this for a long time now, and this is my first WOOT!

February 03, 2007
Seven questions for the NIE
Greg Richards
The declassified summary of the new National Intelligence Estimate (NIE) on Iraq (an NIE is the intelligence community's maximum document) is on the Web. The leading Key Judgment (on Adobe page 6) is as follows:

Iraqi society's growing polarization, the persistent weakness of the security forces and the state in general, and all sides' ready recourse to violence are collectively driving an increase in communal and insurgent violence and political extremism. Unless efforts to reverse these conditions show measurable progress during the term of this Estimate, the coming 12 to 18 months, we assess that the overall security situation will continue to deteriorate at rates comparable to the latter part of 2006.
I don't know about you, but to me this seems to say that things will either get better or they will get worse. Which does indeed seem to cover the possibilities. To someone not part of the intelligence community, however, this "judgment" does not seem to be very crisp. We can only hope the classified part is more so.


While superficially it would seem that the purpose of an exercise such as an NIE would be to predict the future, in fact predicting the future is a fairly pointless exercise. Anybody who is reasonably articulate can do it and cannot be proven wrong until the fullness of time. What is much more useful....and much more difficult.....is to say what is happening now and then to assess the significance of those events.


With this thought in mind, here are seven questions for the Iraq NIE about things that are happening now:


The Iraqi dinar has appreciated 14% in value in the last three months after having been flat for the previous three years (you can see just how dramatic a move this is if you click on the link and look at the chart). Is this a true market (as we believe it to be, but cannot prove that it is)? If so, what is the significance of this move?
Ollie North says that young men are volunteering for the police force in Al-Anbar province at much higher numbers than heretofore. (a) is this true? (b) what is the significance of it?
Amir Taheri says that Um Qasr was almost a ghost town in 2003 but has now reopened as a port. (a) is this true? (b) what is the significance of it?
There is a lot of violence in Baghdad, and it may be increasing. If we think of ourselves as a camera looking at the violence and then we turn the camera 90 degrees, do we see the same level of violence, or do we see people standing around with a cup of coffee having a smoke?
Is it possible for the periphery of Iraq to become pacified before the center rather than the other way around?
What is the unemployment level now as compared to 3 months ago? 6 months ago?
Rudy Giuliani presided over the most dramatic transformation of an urban landscape in the U.S. in the city of New York. Are there lessons for Baghdad from the transformation of New York even given their very significant differences in circumstances? Has Mr. Giuliani made an assessment of Baghdad and what might be a strategy for governing it? If so, what is that strategy? If not, why has he not been asked?
American Thinker Blog: Seven questions for the NIE