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

Guys I was watching the news saturday evening 10/2/2007.

It was about Iraq. They interviewed and followed a poor lady and filmed her house etc.

This was what catched my eye, almost fell of my chair.

She was telling that she bought Gas for 2 Dinars!!

Now I found this article of today VOI.
I quote:

Karbala currently witnessing a crisis in the oil derivatives sensed time since the beginning of the current winter, as the price per liter of gasoline on the black market (900 ) and its official dinars (350) dinars, The price per liter of kerosene hit dinars (1000), rather than (300), while the price of gas cylinders to (15) thousand dinars. . The official price of three thousand dinars.
Queues of cars and stand in front of fuel stations for several messengers come in today to get the quota established by the governor e per car, a (30) per liter in the week.

So if official price is 3000 dinar right now at for example rate of budget of 1260:1, then gas cylinder cost $ 2.38

How the hell is it possible that she buys it for 2 dinars.
Could it be that it RV already in Iraq???

Then 1 dinar = about $ 1.20

Director of the National Center for Media announced that the introduction of Murr center of

(Voice of Iraq) - 12-02-2007
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The Republic of Iraq
Council of Ministers-the National Center for Media
Media Relations
A press statement / Press Release
Monday 2-12-2007


Director of the National Center for Media announced that the introduction of Murr center of National Media will happen quantum leap in performance Alaal Or government


The director of the National Center for Media Zuhair Chalabi cards TR Mr. Prime Minister Nuri Kamal al-Maliki to cancel the Communications governmental organizations and the development of the Center Aleut Nee information instead was expressive of orientations Aleut the intention of the Iraqi government in various areas.

He explained that the decision came at an important witness developments Age his father at the political and security situation in Iraq, particularly e regarding the benevolent efforts made to the success of the plan or n Baghdad to spread security and safety among the dissemination Aha me city of Baghdad city of peace and activating the role chef j distinguished armed forces of the army and the police, but from National.

Chalabi and the new information policy aimed a I unify the voice of state media to face the media anti, which is trying to distort the facts and the reshuffling of Age l disrupt the march of the democratic transformations taking place our Aziz.

He continued that the goal of the development of the National Information Information is expanding the functions of government and increasing its effectiveness Witt players with the Iraqi street to serve the aspirations of the people of the people and break the central media, which has been adopted by the Information to be dead - and-buried new free convey the suffering of a for the citizen to the state, and deliver ideas and projects of a government I have people in a transparent and civilized manner adopted science Yeh and professional.

The Director of the National Center that the center will Alta Mel directly with the media cadres academic pain to develop specialty performance and harness expertise to upgrade the essential just the performance of state media.

He appealed to Chalabi and the media all need to cooperate with the National Center for Media, which offers them a considerably higher Mia wholesome in the area of press releases and news Waller toxicity adopted, in addition to the consolidation of media relations to serve the pain Aten and the Iraqi inside and outside Iraq and deny p Lee enemies of terrorists and Altkverein and Sadamie N..

The director of the National Center for information on the importance of solidarity convergence every effort media official and non-official to contribute to building a new Iraq and to meet the aspirations of all Iraqis.

Alzobai invites members of the municipal councils to shoulder

(Voice of Iraq) - 12-02-2007
This issue was sent to a friend

The Secretariat of the Council of Ministers
Office Sallam Alzobai Deputy Prime Minister
M / news journalist

Alzobai invites members of the municipal councils to shoulder
Through the implementation of their security plan Baghdad
Dr. peace Alzobai members of the municipal councils in Baghdad governorate to shoulder their responsibilities and cooperate with the Variance service to be launched through the implementation of a plan to impose cascade. Unwin. A spokesman for the Office of the Deputy Prime Minister must be a council members, a constant presence in boards for a Dame link with the citizens and resolve the difficulties that might T. Attard march difference service units which would accompany the security. The spokesman added that the absence of the role of municipal councils in some of a for areas and the poor performance might create a gap the government pays pw sublime to look for a substitute for addressing the shortcomings in Tel k boards.

It should be noted that the service of the security plan aims of Baghdad j raise the level of services provided to citizens Bamkhtl P forms and one of the most important aspects of the plan to impose the law in pw Asmah and its environs.
Information Office
February 12, 2007

Here's a question....wouldn't this be considered foreign investment.....U.S. Michigan University providing services in Iraq...surely they are not doing it for free....just a thought

Diwaniya-Agreement
Posted by: nakr2004 on Monday, February 12, 2007 - 01:49 PM

Diwaniya-Agreement
Qadissiya, Michigan universities ink cooperation agreementDiwaniya, Feb 12, (VOI) – Iraq's Qadissiya university in Diwaniya, a city 180 km south of Baghdad, signed a cultural and technical agreement with the US Michigan university, the Qadissiya university's central library chief said on Monday.

"The agreement, which was signed two weeks ago, envisages that the American university would use the videoconference technique to transmit its lectures on medicine and engineering to the Iraqi Qadissiya university students," Professor Muayad al-Fadl told the independent news agency Voices of Iraq (VOI).
"The Iraqi university completed its technical procedures regarding the transmission project, which is backed by a UN humanitarian organization," Fadl added.

The official pointed out the university would make another qualitative leap by using the electronic study (e-study) technique as a step to offer open-university system.

"The university also signed an agreement with a number of space channels to start a an intercultural dialogue program, the first of its kind in all Iraqi universities," said Fadl noting students and professors will receive training for this purpose."
SH

Originally Posted by kiko

Guys I was watching the news saturday evening 10/2/2007.

It was about Iraq. They interviewed and followed a poor lady and filmed her house etc.

This was what catched my eye, almost fell of my chair.

She was telling that she bought Gas for 2 Dinars!!

Now I found this article of today VOI.
I quote:



So if official price is 3000 dinar right now at for example rate of budget of 1260:1, then gas cylinder cost $ 2.38

How the hell is it possible that she buys it for 2 dinars.
Could it be that it RV already in Iraq???

Then 1 dinar = about $ 1.20

Great Find Kiko! This should put a smile on some faces. I know it did mine. Keep up the Great Investigative Work

Books : dhrgham on Monday, February 12, 2007-4:14 PM BT
إA decline in demand for the dollar and the inability to meet offers procurement Baghdad -

(Voices of Iraq)Decreased demand for the dollar purchase auction in the World Mark like today, Monday, the Iraqi request for the recording volume of 33 millisecond Luna and 380 thousand dollars compared to 53 million and 80 thousand dollars manipulation Sunday.
The bank did not cover all procurement requests, He only covered 33 million and 365 thousand dollars a deficit of 1 five thousand dollars and a stable exchange rate of 1288 dinars, This is the same rate yesterday.
While he did not make any of the 15 banks participating in the pain the offers to sell the dollar to the bank.
He explained the Yasiri, one dealers with the bank News Agency (votes pw refined) Independent said that the decline in demand due to the failure to meet the Bank offers to buy the dollar, and not because of the market situation.

Version traduite de la page http://www.aswataliraq.info/index.php

Economic reports : Governor of the Central Bank :

This year's budget focused on increasing the volume of investment in Iraq The Iraqi Media Network

Dr. Sinan Shabibi Governor of the Central Bank b the budget for this year's budget for the investment they Donna Zt Ziada the size of the investment. And Shabibi said that the Central Bank's role is dependent came imbalance resulting from the development process, which would% Majd from changes in the economic structure are basic .

He pointed out that the work of the Central Bank is to achieve development P j stable monetary environment in the interest of all means and policies to achieve economic stability and invoked the environment straight and moderate inflation rate.

He continued : Our budget for the preservation of resources a, and will be achieved through combat inflation. Stressing that the bank had several measures including R. parity exchange rate of the dinar.

He pointed out that the impact of this action on the budget devoid of l impact on the purchasing power of the government, There will be increased by addressing inflation.

He added Shabibi : Such a policy will increase the confidence dinars mm a will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action leads to a reduction in prices of commodities importing such as the import of the private sector and the import of the government of development that come from the conversion of the dinar Iraq j to dollars.

He added that this policy at the time weakens the ability of a the government on the purchase of the dinar, it strengthens Aldenarabr Christians were owned by the government.

Pointing out that the bank wants as a means of affecting policy economic and monetary policies by making the dinar a valuable She was uh.

ÌÑíÏÉ ÇáÇÊÍÇÏ - ãÍÇÝÙ ÇáÈäß ÇáãÑßÒí:

wwwweeeaaahhh!!!

Note: that "R", "TR", "Adolo R" are terms used for the Dollar

Mr. Knowles can you help on this. It sounds good, but what is the affect when they can't cover an auction?

Books : dhrgham on Monday, February 12, 2007-4:14 PM BT
إA decline in demand for the dollar and the inability to meet offers procurement Baghdad -

(Voices of Iraq)Decreased demand for the dollar purchase auction in the World Mark like today, Monday, the Iraqi request for the recording volume of 33 millisecond Luna and 380 thousand dollars compared to 53 million and 80 thousand dollars manipulation Sunday.
The bank did not cover all procurement requests, He only covered 33 million and 365 thousand dollars a deficit of 1 five thousand dollars and a stable exchange rate of 1288 dinars, This is the same rate yesterday.
While he did not make any of the 15 banks participating in the pain the offers to sell the dollar to the bank.
He explained the Yasiri, one dealers with the bank News Agency (votes pw refined) Independent said that the decline in demand due to the failure to meet the Bank offers to buy the dollar, and not because of the market situation.

wwwweeeaaahhh!!! [/QUOTE]

Geezz.... if we could only find a translating software to run these translated articles thru that would spit them out in plain english.

Glad you're able to see something in them worth getting excited about kiko cause I can't. I'm just going by your excitement.

Warning of the consequences of increasing interest rates on the dinar Iraqi
Source : Dar Al-Hayat
12 / 02 / 2007

Prominent Iraqi economic warned that <would increase the price of Alpha Edeh stipulated by the Central Bank of Iraq included in a package of Age Raath to raise the purchasing power of the Iraqi dinar, to keep investment>. Considering that this procedure <policy misguided>, they <lead to the result of falling into the trap of the so-called liquidity which is the way economically sensitive>.

The academic Economic Ismail Hammadi, a Ebeid n any definite formula for establishing an economic system in Iraq <no T. until now crystallized>, pointing out <the lack of synchronization of the dismantling of the totalitarian regime, which governing the national economy with no concrete action related the transition to a market economy,>, He added that that <the result of the absence of a clear vision about the Iraq's political>.

He described most of the procedures followed in the matter as <s Ahrh and partial, not achieve the desired objectives of the change>. He said : <We balanced with the change, which does not affect the interests of Aleut n and the economy>. He pointed to the need to <a constitutional amendment e, we can not build a subject to develop without laws transparent and clear determine the course of economic changes>.

And the best way to deal with inflation, which recorded a concern the record in Iraq, Hammadi said : <can not tackle inflation but to provide the market with goods of any g the sovereignty of the supply of goods produced. As to tackle inflation by the liquidity trap, This meant stopping the increase of production capacities and Alastthm space station which is also affected>.

He pointed out that the Central Bank of Iraq <taking recommendations the International Monetary Fund confirmed that the dinar less than Afterward Math towards the dollar>, considering that <Nothing confirms this trend and the evolution historical progress and economic variables did not Ttbl R, because there is inflation of more than reality. He pointed out that there <inflation subdued>.

He believed that Hamadi <lesson is not strongly Iraqi dinar but in the form of a formal strength towards other currencies>.

Budget and distributions in 2007, said : <not good in the current expenditure is that the bulk of the Ha, we need the investment to restore to the part of the economy's recovery>.