Thread: Iraq/Dinar News up until March 28th 8PM CT.

Originally Posted by *CLEO*

Wasn't the CBI down for a week some time back? I think we were all excited and the truth was they were updating software/hardware on their banking systems?? I hope the only fast one they pull is a RE-VAL and not more BS.

I'm ready to get this party started!

TNT

actually at that time they werent even posting anything at all. i suspect we will see the auction amounts continue but the rate will remain the same. wouldnt you say theyve already begun a peg only its not adjusted quite yet?

Originally Posted by *CLEO*

Iraqi News
Monday, March 19, 2007 UN, US hold ICI conference to stabilize Iraq
(MENAFN) Iraq Directory reported that UN and US held the International Compact with Iraq (ICI) conference in the US jointly with the World Bank as a part of rallying the efforts needed to help Iraq in all domains thus lead it to prosperity. Ninety countries, among which Iran and Syria, attended the conference to track Iraq's progress in implementing political and economic reconstructions, and discuss the key role of the countries surrounding Iraq in contributing to the country's development, a senior Iraqi official at the conference stated. Moreover, the conference aimed to pave the way for foreign investors to invest in Iraq's oil, agriculture and reconstruction sectors, and urge the countries to ease Iraq's debt burden in order to provide it with the chance to flourish and improve, he pointed out. To that end, Iraq is preparing a plan to make it easier for outside investments to work in Iraq in order to rectify its economic body.



http://www.tbiraq.com/menafn_news

TNT

this is one of the better articles about the ici that just took place. i have no clue how anyone could read this kind of stuff and not see positive written all over iraq's future. dont nobody show this to the dark side, it might throw them off kilter. TILT!!!

Great post Cleo. Definitely looks like something will happen soon. Tomorrow maybe...........

Originally Posted by mewannapeg

Iraqi delegation prepares for opening of formal World Trade Organization accession talks
19 March 2007 (USAID)
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Seventeen members of Iraq's National Committee and World Trade Organization (WTO) Unit, which coordinate the country's WTO accession effort at the inter-ministerial level, prepared for the opening of the WTO accession negotiations and the convening of the first WTO Working Party (WP) meeting in Geneva in a four-day workshop organized by the U.S. Agency for International Development's (USAID) Izdihar program.

Two WTO experts were brought in to assist in the training activity, which culminated in a full-scale simulation of the WP meeting. Workshop participants included the core negotiating team which will travel to Geneva to conduct the meeting.

The workshop began with a detailed walk-through of the WP process, covering such issues as the protocol to be followed, opening statements, advice on the composition of Iraq's delegation, appointing Iraq's spokesman for the WP meeting, procedures, timelines and tactics. The discussion moved on to the substance and issues likely to be raised in the first meeting.

These preparations led to the central event of the workshop – a full-scale, mock WP meeting, designed to approximate as closely as possible the procedures, content and duration of a real meeting. The simulation included a chairman conducting the WP proceedings, and each Izdihar adviser taking on the role of key WTO members, including the United States and the European Union.

Questions and comments for the Iraqi delegation had been prepared in advance covering all aspects of Iraq's trade and legal regime, such as intellectual property, customs, agriculture, technical barriers to trade, privatization and constitutional make-up. The delegation was subjected to six hours of intensive questioning. The workshop ended with an interactive evaluation of the mock WP session. Strengths, weaknesses and tactics were discussed, drawing upon the experiences from the session.

While certain weaknesses were identified, there was broad agreement that the Iraqi delegation will be able to successfully conduct the first WP meeting. Dr. Tamam Al-Ghul, former Jordanian Minister for social development, who previously led Jordan's WTO accession efforts for five years, stated that she was truly impressed at the performance of the Iraqi delegation. Paolo Vergano, a Senior WTO Lawyer from Brussels who has assisted in numerous WTO accessions, noted that in his view the Iraqi team performed better than other WTO accession delegations at a comparable stage.
Please note that the views expressed in this article may not reflect the views of PortAl Iraq and its staff.
Reproduction or redistribution of the above text, in in any form, requires the prior consent of the original source.

Iraqi delegation prepares for opening of formal World Trade Organization accession talks | Iraq Updates

Originally Posted by Escalade

Sounds like a WmKnowles qoute to me! Whoever said it I like it!

i believe it was nebuchadnezzar.
actually, thinking back at all his philosophy and predictions he so far has gotten the closest to how this all has unfolded.

god rest his soul.

Originally Posted by Adster

Baghdad, Mar.4 p4
An authorized source at the Iraqi central bank emphasized that, the new forming of the monetary policy tools would share in enhancing ability of the banks in managing short liquid ratios


The source added that, the new policy would guiding according to the various changes including development degrees in offering the money and the ability of managing the liquid ratios besides the monetary policy tools a doubting by the bank it self. He concluded that, the new arrangement includes working with money markets and finance papers to find san active system give trust in offering payment arrangements within a reasonable amount of the interest

http://www.alsabaah.com/paper.php?s...rpage&sid=38183


The Finance Minister Baqer Jabr Al-Zubaydi all ministries to direct the implementation of its plan for the current year, the Finance Minister emphasized the readiness of his ministry to provide support and help them, especially with regard to the projects of interest to citizens

The minister added that his ministry has a new fiscal policy to address inflation problems and the advancement of economic reality and service in the mishap and create all ways to for the success of that mission, pointing out that his ministry has launched a number of funds to begin implementing projects in Baghdad and other governorates.

http://64.233.179.104/translate_c?hl...language_tools


Internet on line accounts now available with Aman Financial Service Automation of ISX underway....Unconfirmed reports speak of endorsing Foreign Investment in ISX soon..



Abdul-Razzaq al-Abaiji, an economist, told VOI "the decline in today's demand for the dollar was due to the expectation that a new policy will be adopted by the Central Bank to raise the dollar exchange rate in upcoming sessions."
The Iraqi Central Bank runs a daily auction from Sunday to Thursday

http://www.aswataliraq.info/modules...order=0&thold=0



To raise the change value of the Iraqi Dinar and to increase the interest rate of the Central Bank of Iraq.
The Central Bank of Iraq has assured that its activities in fulfilling its policy will take few months until there is an evidence in the direction of the inflation and its routes. There will be consideration to the conditions of pricing which get affected by temporary activities which happen every now and then and which result in increasing inflation specially caused by the flactuation of prices of fuel,transportation & communication, in addtion to the changeable of normal divisions in some of the sectors in the economics of Iraq.
It should not be ignored that the main inflation has shown some positive signs due the direct and indirect
causes in the main application of activities within the frame of the current economical policy.
The Central Bank of Iraq will work hard to lower inflation and face its directions and its causes to raise the value of the Iraqi dinar and its interest rate,until such a time when inflation will take its route downwards
which will help the whole economical stability and maintain the general growth of the economics of Iraqi.

The Central Bank of Iraq
Baghdad
March 11,2007



For the most important sectors of the Iraqi economy, this historic landmark event will be the first of its kind since the formation of Iraq's Unity Government, with these key decision makers participating with the full intent of establishing relationships and entering into contractual negotiations with all international operators wishing to be part of both the upstream and downstream sectors.

Iraq has the world’s second largest proven oil reserves and the Government is now finalising its new hydrocarbon laws, following the declaration of the investment laws for the extractive industries. The timing of this Summit could not be better.

The key decision makers from the Iraqi Government will be participating with the full intent of establishing relationships and entering into contractual negotiations with all international operators wishing to be part of both the upstream and downstream sectors.

New Dates Confirmed for Iraq Oil, Gas, Petrochemical & Electricity Summit following Government Consultation | Iraq Updates


Pointing out that the Iraqi Central Bank's decision to raise the value of the Iraqi dinar against the foreign currencies is a correct decision and the result of studies aimed to raise the value of a reduction in the purchasing power of the Iraqi people before everything else.



The main text of the Compact
has been approved and finalized;
background material can be found at
International Compact with Iraq. The GOI would like
to conclude the Compact during a ministeriallevel
event in spring 2007. To facilitate that
objective, Prime Minister Maliki has asked
UN Secretary General Ban Ki-Moon to host a
sub-ministerial meeting in New York to finalize
the Compact text and secure commitments
from international partners.

The Central Bank of Iraq Denies Change Dinar Early Next Year

Safed Alsamuk-Baghdad

The Iraqi Central Bank denied that the change of the local currency within the current Iraqi actions he intends to begin work so as to meet the economic inflation in Iraq with the beginning of the year 2007.

The official spokesman said told ((today)) announced yesterday that there is no intention to change the Iraqi dinar at the moment, He refused to disclose whether there were any similar intention in the near future, after the Financial experts recommended deleting three zeroes from the Iraqi dinar after the American dollar to her and about a thousand dinars.

The spokesman noted that the launching of the issuance of new categories of the Iraqi currency into circulation depends on the requirements of the Iraqi economy to meet the expenses of the state in the coming stage, especially local supervision of the banking activity by the central bank and means of reform...

GRABBIN YOU UP AND KISSIN YA RIGHT ON DA FACE ADSTER!!!!
AND YOU CAN DANCE WITH ME MRS.!!!! WOoTTTT!!!!!!!!!!

Hey this is pretty cool......a site with all the laws passed so far.

ÞæÇäíä

Kuna site|Story page|Iraqi gov''t recovers part of money smuggled by ex...3/19/2007
another version of goodies found article...

Iraqi gov''t recovers part of money smuggled by ex-regime

POL-IRAQ-MONEY-SADDAM
Iraqi gov't recovers part of money smuggled by ex-regime

BAGHDAD, March 19 (KUNA) -- The Finance Ministry said Monday it recovered part of Iraqi government money smuggled by late Saddam Hussein during his rule.

A government statement quoted finance minister Baqer Zubaidi as saying the Swiss authorities have recently agreed to transfer owernship of shares of a Swiss company, which owned one of the palaces of the former regime in Cannes in southern France, to the Iraqi government.

These stocks, he said, were administered by Khalaf Al-Dulaimi and under direct instructions from the former baathist regime. Zubaidi said Al-Dulaimi has frozen bank accounts in Switzerlands and the ministry was working on recovering the rest of the stolen money.

The Iraqi government, added the minister, was exerting efforts to release four million euros frozen by the French government in order to transfer the money to a fund to develop Iraq. (end) ahh.

bs



KUNA 192220 Mar 07NNNN

Originally Posted by rvalreadydang

Hey this is pretty cool......a site with all the laws passed so far.

ÞæÇäíä

The investment law and oil is in here, but crap they open in arabic

Originally Posted by rvalreadydang

Hey this is pretty cool......a site with all the laws passed so far.

ÞæÇäíä

nice find woman of many identities!!