Thread: Iraq/Dinar News up until March 18th Midnight ctz

WOW!!!!!

I am feeling so honored to be apart of such an enthusiastic bunch of "news hounds", and brilliant minds at work!!! I want to personally thank everyone that posts here. I have never been soooo excited about this investment, and feel we are sooooooo close!!! Sorry, no great news from me, but want to extend my gratitude to y'all!! I have always been a bit skeptical, until recently....yowza....thank you guys...at rol sgs...can I get a wwwwwwwwwwwwwwwwooooooooooooooooooooooooot
????

Happy Shopping,
Melissa

double post, sorry!!!

Originally Posted by Jola

It is their MENTALITY that makes them unfit to make decisions at this time, AND NOT THEIR KNOWLEDGE.

Like I have stated numerous times...the Iraqi leadership is ILLITERATE and corrupt BIGTIME!!

Shahrastani is expected to endorse a law oil in two months

(صوت العراق) - 15-03-2007(Voice of Iraq) - 15-03-2007

Kurds warn of the repeal of article 140 of the Constitution ...
السليمانية , فيينا - محمد التميمي الحياة - 15/03/07//Sulaymaniyah, the Vienna-Mohammed al-Tamimi life-15 / 03 / 07 / /

توقع وزير النفط العراقي حسين الشهرستاني أن يقر البرلمان قانون النفط الجديد في غضون شهرين، فيما طالب «التحالف الكردستاني» بتأجيل قانون الاستثمارات النفطية الى حين الانتهاء من اقرار قانون النفط الجديد.Expected Iraqi Oil Minister Hussein Shahrastani parliament to approve a new oil law within two months, asked <Kurdistan Alliance> oil investment law- SO THIS IS ONE OF THE OIL LAWS- to postpone until the completion of the ratification of the new oil.- THIS IS ANOTHER OIL LAW

وقال الشهرستاني ان «مجلس الوزراء، الذي وافق على مشروع قانون النفط بالاجماع، سيرسل المشروع الى البرلمان قريباً، ونتوقع أن يستغرق البرلمان نحو شهرين» في دراسته.Shahrastani said that <the Council of Ministers, which approved the bill unanimously oil, the project will be sent to parliament soon, and we expect that the parliament will take about two months> in the study. وأضاف أن بغداد لم تبت بعد في النموذج الذي ستتبعه في التعاقد مع شركات النفط العالمية المهتمة بالعمل في البلاد.He added that Baghdad has not yet decided on the model to be followed in contracting with the international oil companies interested in working in the country. - THOUGHT THEY HAD UNTIL THE 15TH TO DO IT, WHICH IS TODAY ( IN IRAQ)

ولفت الشهرستاني الى ان «القانون لا يحدد شكلا للعقد أو الاتفاق.He pointed out that Shahrastani <law does not specify the form of a contract or agreement. وسيتعين على المجلس الاتحادي للنفط والغاز تطوير العقد النموذجي، وستعلم شركات النفط ما أن يتم اعداد العقود».The Council will have the federal oil and gas development of a model contract, the oil companies would know what to be prepared contracts>.

وتوقع ان تكون العقود النموذجية وخطط التطوير جاهزة عند موافقة البرلمان على القانون الجديد، وهو الامر المقرر ان يتم قبل 31 ايار (مايو) المقبل.He expected the model contracts and the development plans ready for the parliament's approval on the new law, which is scheduled to be completed before May 31 next (May). وتابع أن العراق ربما يطرح جولة من مشروعات الطاقة في النصف الثاني من العام الجاري.He went on to say that Iraq may put a round of energy projects in the second half of this year.

من جهة اخرى دعا «التحالف الكردستاني» الى تأجيل قانون الاستثمارات النفطية الى حين الانتهاء من اقرار قانون النفط الجديد.On the other hand, called <Kurdistan Alliance> to the postponement of the oil investment until the completion of the ratification of the new oil. واوضح عضو اللجنة القانونية في البرلمان العراقي خالد شواني ان «التحالف الكردستاني دعا، بالاتفاق مع الكتل النيابية الاخرى، الى تأجيل مناقشة مسودة مشروع قانون الاستثمارات النفطية الذي يجيز للشركات الاجنبية والقطاع الخاص انشاء المصافي الى حين الانتهاء من قانون النفط الجديد».The member of the Legal Committee in the Iraqi Parliament Khalid Chuani that <called the Kurdistan Alliance, in agreement with other parliamentary blocs, to postpone discussion of a draft law on oil investment, which permits to foreign companies and the private sector to establish refineries until the completion of the new oil>.

على صعيد آخر، اكد «الاتحاد الوطني الكردستاني» بزعامة الرئيس جلال طالباني عدم معارضة الاكراد اقامة مؤتمر في تركيا لحل الازمة العراقية.On the other hand, emphasized <Patriotic Union of Kurdistan> led by President Jalal Talabani would not oppose the establishment of the Kurds in Turkey to resolve the Iraqi crisis. وشدد القيادي في «الاتحاد الوطني» سعدي احمد بيرة على ضرورة «الخروج بنتائج ايجابية من المؤتمرات المنعقدة لحل الازمة العراقية وقال: «لسنا متحفظين من اقامة مؤتمرات لدعم الحكومة العراقية سواء في اسطنبول او مكة او سورية، وما نريده هو افعال وليس اقوالا».The leadership in the <National Union> Saadi Ahmed beer on the need <a positive outcome of the conference held to resolve the Iraqi crisis and said :> U are not set up conferences to support the Iraqi government, whether in Istanbul or Mecca or Syria, and what we want is action, not words>. وعزا اسباب الازمة التركية -الكردية الاخيرة الى «تصريحات بعض المسؤولين الاتراك الهادفة الى كسب اصوات القوميين المتطرفين في الانتخابات المقبلة» محذراً من «انعكاسات خطيرة على العلاقة الكردية التركية اذا لم تتدارك القيادة التركية الامر».He attributed the causes of the crisis Turkish-Kurdish recent <statements of some Turkish officials aimed at winning the votes of nationalists and extremists in the forthcoming elections> warning <serious repercussions on the relationship Turkish Kurdish If rectify the Turkish leadership is>. ودعا الى عدم استغلال مؤتمر اسطنبول المقرر عقده في نيسان (ابريل) المقبل «لاغراض خاصة او السعي من خلاله الى الغاء او ايقاف اي من مواد الدستور باعتباره تدخلا مباشرا في الشأن العراقي، وهو ما سنرفضه رفضا قاطعا».He called not to exploit the Istanbul conference to be held in April next (April) <for special purposes, or which seek to cancel or suspend any of the articles of the Constitution as a direct intervention in Iraqi affairs, which is categorically reject>.

وكانت الحكومة الكردية استنكرت تصريحات مسؤولين في الحكومة التركية بشأن ارجاء او الغاء المادة 140 من الدستور العراقي في وقت اتهمت فيه انقرة الاكراد بتهديد امنها القومي ودعم مقاتلي «حزب العمال الكردستاني» في شمال البلاد.The government condemned the statements made by Kurdish officials in the Turkish government on the postponement or cancellation of Article 140 of the Iraqi Constitution at a time when Ankara accused the Kurds of threatening national security and supporting fighters <PKK> in the north of the country.

وتنص المادة 140 على اجراء استفتاء شعبي على مصير كركوك، وما اذا كانت ستلحق باقليم كردستان.Article 140 for the holding of a referendum on the fate of Kirkuk, and whether it would Kurdistan Province.

CONFUSING STUFF

SEEMS LIKE OLD NEWS, BUT THEY JUST UPLOADED IT

The company Haliberton "national shame" for America

تناولت الصحف البريطانية الصادرة صباح الأربعاء موضوع مساعي الحكومة البريطانية باستبدال نظام الدفاع النووي البريطاني القديم المسمى "ترايدنت" بنظام احدث والبلبلة التي أثارتها هذه المساعي في صفوف حزب العمال الحاكم والمعارضة الواسعة لهذه المساعي حتى في صفوف أعضاء البرلمان من حزب العمال حيث تشير الصحف إلى معارضة أكثر من نصفهم لمساعي الحكومة.British newspapers on the morning of Wednesday, the British government's efforts to replace the British nuclear defense system the old so-called "Trident" the latest system and confusion raised by these endeavors in the ranks of the ruling Labor Party and the widespread opposition to these endeavors, even in the ranks of members of parliament from the Labor Party, where newspapers refer to the opposition of more than half the government's efforts.

ارتبط اسم هاليبرتون بنائب الرئيس تشيني واعادة اعمار العراق بعد الغزو الامركي عام 2003Haliberton associated with the name of Vice President Cheney and the reconstruction of Iraq after the 2003 invasion Alamrki

لكن على الصعيد الخارجي تناولت الصحف مختلف القضايا الدولية الساخنة من الشرق الأوسط إلى الولايات المتحدة وأمريكا اللاتينية والقارة الأسيوية وطبعا من ضمنها القضايا العربية.But at the external level newspapers dealt with various issues of international hot spots from the Middle East to the United States, Latin America and the Asian continent, and of course including the Arab issues.

ونبدأ من صحيفة الاندبندنت التي نشرت تقريرا موسعا عن انتقال شركة هاليبرتون النفطية الأمريكية العملاقة من الولايات إلى قلب الشرق الأوسط في دبي.The start of the Independent newspaper published an extensive report on the movement of oil company Haliberton giant American States to the heart of the Middle East in Dubai.

"هاليبرتون عار وطني""Haliberton national shame"

وعنونت الصحيفة مقالها الذي كتبه اندريو بونكومب "هاليبرتون والانتقال من المكان المفضل لدى إدارة الرئيس بوش إلى عار لأمريكا".The newspaper in its headline was written by Andreu Bounkomb "Haliberton and move from the place preferred by the administration of President Bush to shame for America."

ومن المعروف ان نائب الرئيس الأمريكي ديك تشيني كان رئيس مجلس إدارة الشركة قبل استلام منصب الرئيس حيث حصلت الشركة على عقود بمليارات الدولارات في العراق بعد الغزو الأمريكي.It is known that Vice President Dick Cheney was chairman of the company prior to the receipt of the post of president as the company won contracts worth billions of dollars in Iraq after the American invasion.

قبل أن يصبح تشيني نائبا للرئيس، تولى رئاسة هاليبرتون خلال التسعينياتCheney before he became vice-president, presided over during the 1990s Haliberton

وتقول الصحيفة إن ما أثار الانتباه هو أن إعلان الشركة جاء في أعقاب الإعلان عن إجراء عدة تحقيقات في أعمال الشركة في عمليات إعادة اعمار العراق حيث وصل إجمالي قيمة أعمالها هناك إلى أكثر من 25 مليار دولار والعديد من هذه العقود تم منحها لها دون منافسة أو الإعلان عنها.The paper says that the effects of attention is that the company came in the wake of the announcement of several investigations into the company's works in the reconstruction of Iraq, where the total value of its business there to more than $ 25 billion, and many of these contracts were awarded without competition or advertised.

وتتناول التحقيقات المبالغة في الأسعار وارتكاب مخالفات ودفعات مالية مشبوهة إلى بعض السياسيين والعمل في دول تحظر القوانين التعامل معها مثل إيران، مما حدا بعدد من أعضاء الكونجرس الأمريكي من الحزب الديمقراطي مثل هيلاري كلينتون إلى المطالبة بمنع انتقال الشركة إلى دبي بغية تفادي دفع الضرائب والتهرب من تحقيقات مستقبلية.And dealing with investigations of overstatement in prices and committing irregularities and suspicious payments to some politicians and labor laws prohibit States in dealing with countries such as Iran, which has prompted a number of members of the American Congress of the Democratic Party such as Hillary Clinton to claim the prevention of transmission of the company to Dubai in order to avoid paying taxes and avoid future investigations.

وتنقل الصحيفة عن هيلاري كلينتون قولها "إن لدينا العديد من الأدلة على قيام هاليبرتون بعمليات غش للجيش الأمريكي ودافع الضرائب الأمريكي وذلك بحصولها على الأموال دون تقديم الخدمات أو المواد".The movement of the newspaper as Hillary Clinton was quoted as saying that "we have a lot of evidence that the Haliberton fraud by the American Army and the American taxpayer and obtaining money without providing services or materials."

وتقول الصحيفة إن أعمال هاليبرتون في العراق وفي غيرها من الدول تظهر لنا العلاقة الوثيقة بين عالم الأعمال وعالم السياسة.The paper says that the work Haliberton in Iraq and other countries show us the close relationship between the business world and the world of politics.

فلولا هذه العلاقة الوثيقة بين الشركة وإدارة الرئيس بوش لما تمكنت من الحصول على هذه العدد الكبير من العقود المربحة في العراق دون منافسة.Without this close relationship between the company and the administration of President Bush have been able to get such a large number of lucrative contracts in Iraq without competition.
....."

Good News
IMF Extends Iraq Loan Another Six Months
"Despite...Circumstances, Iraqi Authorities Have Taken Important Measures"
03/13/2007 2:10 PM ET
The IMF Executive Board on Tuesday approved a 6-month extension for Iraq's $700 million+ "Stand-By Arrangement"--the term for an IMF line of credit.
Iraq first received the IMF pledge of support in September 2005, and is required to undergo scheduled performance reviews to maintain the offer of financing. Iraq requested the extension as a precautionary measure, and says no use of the funds is immediately required.
Following the Executive Board's discussion of Iraq, Mr. Takatoshi Kato, Deputy Managing Director and Acting Chair, stated:
"Iraq is entering a crucial period in its economic recovery. Despite very difficult political and security circumstances, the Iraqi authorities have taken important measures to keep their economic program on track. The maintenance of fiscal discipline, as well as the tightening of monetary policy and the appreciation of the dinar, are commendable. The increase of official domestic fuel prices and the enactment by the Council of Representatives (CoR) of a law liberalizing the import of fuel products are important steps. The amendments to the pension law were submitted to the CoR; we look forward to their early passage into law. The government's approval of a new oil and gas law augurs well for the future of the oil sector. Progress is also being made in financial sector reform.
"Inflation, however, remains high. While this is to an important extent due to the prevailing difficult security situation and supply disruptions, the Central Bank of Iraq (CBI) may need to take further steps in order to prevent high inflation from becoming entrenched and to de-dollarize the economy. Fiscal policy should be supportive by keeping current spending, including the wage and pension bill, in check. At the same time, it is important to increase government investment, especially in the oil sector. The government also needs to reduce supply bottlenecks, especially of fuel products. To that end, actions are needed to facilitate the importing of fuel products by the private sector. The pace of structural reforms needs to be increased. Efforts to modernize the chart of accounts and the budget classification need to be stepped up, and the Financial Management Information System should be implemented rapidly. It is important to complete the census of public sector employees by mid-year. While the restructuring effort on the two largest banks is commendable, efforts should be made to restructure the four other state-owned banks. The modernization of the payments system needs to be expanded to cover all banks.
"The CBI's efforts to implement the recommendations of the Interim Safeguards assessment report and the Ernst & Young 2005 audit report are encouraging. The Ministry of Finance is strongly encouraged to recapitalize the CBI as soon as possible.
"Corruption and violence need to be brought under control to unlock Iraq's oil wealth. More forceful actions are needed, especially in the area of smuggling. In this respect, the implementation of oil metering projects should be finalized as soon as possible. The authorities' intention to join the Extractive Industries Transparency Initiative is welcome.
"Progress in settling arrears with private creditors is commendable. However, further progress is needed towards resolving non-Paris Club official claims," Mr. Kato said.
Permalink Iraq Economy | Iraqi Government Email This Post
There isn't a REAL reason that they have not REVALUED !!!!!!!

Good News
IMF Extends Iraq Loan Another Six Months
"Despite...Circumstances, Iraqi Authorities Have Taken Important Measures"
03/13/2007 2:10 PM ET
The IMF Executive Board on Tuesday approved a 6-month extension for Iraq's $700 million+ "Stand-By Arrangement"--the term for an IMF line of credit.

Iraq first received the IMF pledge of support in September 2005, and is required to undergo scheduled performance reviews to maintain the offer of financing. Iraq requested the extension as a precautionary measure, and says no use of the funds is immediately required.

Following the Executive Board's discussion of Iraq, Mr. Takatoshi Kato, Deputy Managing Director and Acting Chair, stated:

"Iraq is entering a crucial period in its economic recovery. Despite very difficult political and security circumstances, the Iraqi authorities have taken important measures to keep their economic program on track. The maintenance of fiscal discipline, as well as the tightening of monetary policy and the appreciation of the dinar, are commendable. The increase of official domestic fuel prices and the enactment by the Council of Representatives (CoR) of a law liberalizing the import of fuel products are important steps. The amendments to the pension law were submitted to the CoR; we look forward to their early passage into law. The government's approval of a new oil and gas law augurs well for the future of the oil sector. Progress is also being made in financial sector reform.

"Inflation, however, remains high. While this is to an important extent due to the prevailing difficult security situation and supply disruptions, the Central Bank of Iraq (CBI) may need to take further steps in order to prevent high inflation from becoming entrenched and to de-dollarize the economy. Fiscal policy should be supportive by keeping current spending, including the wage and pension bill, in check. At the same time, it is important to increase government investment, especially in the oil sector. The government also needs to reduce supply bottlenecks, especially of fuel products. To that end, actions are needed to facilitate the importing of fuel products by the private sector. The pace of structural reforms needs to be increased. Efforts to modernize the chart of accounts and the budget classification need to be stepped up, and the Financial Management Information System should be implemented rapidly. It is important to complete the census of public sector employees by mid-year. While the restructuring effort on the two largest banks is commendable, efforts should be made to restructure the four other state-owned banks. The modernization of the payments system needs to be expanded to cover all banks.

"The CBI's efforts to implement the recommendations of the Interim Safeguards assessment report and the Ernst & Young 2005 audit report are encouraging. The Ministry of Finance is strongly encouraged to recapitalize the CBI as soon as possible.

"Corruption and violence need to be brought under control to unlock Iraq's oil wealth. More forceful actions are needed, especially in the area of smuggling. In this respect, the implementation of oil metering projects should be finalized as soon as possible. The authorities' intention to join the Extractive Industries Transparency Initiative is welcome.

"Progress in settling arrears with private creditors is commendable. However, further progress is needed towards resolving non-Paris Club official claims," Mr. Kato said.

Good News | Iraq Economy | Iraqi Government Email This Post

Sorry, didn't see your post before I posted, Elbert.

ABOUT ARTICLE "The company Haliberton "national shame" for America "

Hillary talking about fraud and corruption---- NOW THATS FUNNY !

Prime Minister Nouri al-Maliki fears the Americans will torpedo his government if parliament does not pass a law to fairly divvy up the country's oil wealth among Iraqis by the end of June, close associates of the leader told The Associated Press on Tuesday. Iraqi leader tells aides U.S. benchmark deadline is June 30 or his ouster possible

Iraqi leader tells aides U.S. benchmark deadline is June 30 or his ouster possible - Worldnews.com