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

Iraq the new 25,000 Dinar banknote Why you should buy your Iraqi Dinars from a reputable dealer like us:

1) You receive an authentic uncirculated banknote with the serial number mentioned in the invoice, this is a proof of purchase and a certificate of authenticity.

2) We have been in banknote business for over 20 years, Life member to "International Banknote Society", and have sold Iraqi Dinars to over 800 clients, mainly for investment purposes.

3) On a regular bases we send e-mail to our clients informing them of the exchange rate, what is happening to their investment, and when they will be RECALLED.

Due to eBay restrictions we can not mention our website dedicated to the Iraqi Dinars, but the winner will receive the URL and many information related to short term and long term investment in Iraqi Dinars.

Remember:
Probably by Summer of 2007 the Central Bank of Iraq will issue new currency (by removing three zeros) to replace the present banknotes (something that no other dealer is aware). You will need a reliable source of information; a dealer, with over 20 years of experience in The Middle East Banknotes, to exchange this and other Iraqi Banknotes you have purchased when they are RECALLED.

There are many other important facts mentioned on our Iraqi Dinar website, including the difference between 25k, 10k and 5k, and weather you should buy one 25,000 Dinar or 5 X 5,000 Dinar banknotes, and why YOU SHOULD NEVER EVER INVEST in small denominations of 1000 Dinar and lower.

This is from a seller on Ebay. Hmmmmmmm.

Originally Posted by GSXR99

Iraq the new 25,000 Dinar banknote Why you should buy your Iraqi Dinars from a reputable dealer like us:

1) You receive an authentic uncirculated banknote with the serial number mentioned in the invoice, this is a proof of purchase and a certificate of authenticity.

2) We have been in banknote business for over 20 years, Life member to "International Banknote Society", and have sold Iraqi Dinars to over 800 clients, mainly for investment purposes.

3) On a regular bases we send e-mail to our clients informing them of the exchange rate, what is happening to their investment, and when they will be RECALLED.

Due to eBay restrictions we can not mention our website dedicated to the Iraqi Dinars, but the winner will receive the URL and many information related to short term and long term investment in Iraqi Dinars.

Remember:
Probably by Summer of 2007 the Central Bank of Iraq will issue new currency (by removing three zeros) to replace the present banknotes (something that no other dealer is aware). You will need a reliable source of information; a dealer, with over 20 years of experience in The Middle East Banknotes, to exchange this and other Iraqi Banknotes you have purchased when they are RECALLED.

There are many other important facts mentioned on our Iraqi Dinar website, including the difference between 25k, 10k and 5k, and weather you should buy one 25,000 Dinar or 5 X 5,000 Dinar banknotes, and why YOU SHOULD NEVER EVER INVEST in small denominations of 1000 Dinar and lower.

This is from a seller on Ebay. Hmmmmmmm.

What is the item # for this listing on Ebay?

Originally Posted by SpongeDinars

What is the item # for this listing on Ebay?

Item # is 290094091466.

Originally Posted by GSXR99

Iraq the new 25,000 Dinar banknote Why you should buy your Iraqi Dinars from a reputable dealer like us:

1) You receive an authentic uncirculated banknote with the serial number mentioned in the invoice, this is a proof of purchase and a certificate of authenticity.

2) We have been in banknote business for over 20 years, Life member to "International Banknote Society", and have sold Iraqi Dinars to over 800 clients, mainly for investment purposes.

3) On a regular bases we send e-mail to our clients informing them of the exchange rate, what is happening to their investment, and when they will be RECALLED.

Due to eBay restrictions we can not mention our website dedicated to the Iraqi Dinars, but the winner will receive the URL and many information related to short term and long term investment in Iraqi Dinars.

Remember:
Probably by Summer of 2007 the Central Bank of Iraq will issue new currency (by removing three zeros) to replace the present banknotes (something that no other dealer is aware). You will need a reliable source of information; a dealer, with over 20 years of experience in The Middle East Banknotes, to exchange this and other Iraqi Banknotes you have purchased when they are RECALLED.

There are many other important facts mentioned on our Iraqi Dinar website, including the difference between 25k, 10k and 5k, and weather you should buy one 25,000 Dinar or 5 X 5,000 Dinar banknotes, and why YOU SHOULD NEVER EVER INVEST in small denominations of 1000 Dinar and lower.

This is from a seller on Ebay. Hmmmmmmm.

This is a very well written eBay listing. Poor spelling aside, they are playing on a person's fear of the unknown.


We all know full well where we stand with our physical Dinar. It is legal tender, if only in Iraq at the present moment.

Unless this eBay seller is the CBI themselves, they have NO IDEA what the CBI plans to do. I'm not even sure the CBI knows LOL.

The zero LOP issue has been beaten down dead as a door nail.

There is always a chance that may happen, but we've discussed this as a group at length and most of us agree this is not in the cards.

And what if it does happen? Nothing. You will have the ability (Just like Bank of America, Chase and other financial institutions left "holding the bag") to convert your "old Dinar" to the "new Dinar".

This is the real world folks, not a scary dream where the monsters are gonna come out and grab your Dinar or sprinkle Pixy dust on it and suddenly make it worthless.

Your physical Dinar is as safe as ever. Under no circumstances should you fall for this type of trick.

Take that to the Bank, Literally!

Thank you.

Defense vows crackdown on fraud in Iraq

WASHINGTON (AP) — Defense Department investigators said Tuesday they are going to be more aggressive suspending or barring companies from doing U.S. contract work in Iraq if they are involved in war profiteering there.
Stuart Bowen, special inspector general for Iraq reconstruction, said taking such action is an effective tool, particularly when auditors are struggling to come up with enough detailed evidence for criminal prosecutions.

Bowen's comments came in testimony before the Senate Judiciary Committee, as lawmakers complained that assessing fines is not enough to stop the billions of dollars in waste, fraud and abuse plaguing Iraq reconstruction projects. Auditors last month told Congress that about $10 billion has been squandered by the U.S. government on Iraq reconstruction aid because of contractor overcharges and unsupported expenses.

The U.S. has appropriated more than $38 billion for Iraq relief and reconstruction, including some money for security forces and economic programs, according to the latest quarterly report from the special inspector general, released in January.

Fining companies $1 million dollars, said Sen. Arlen Specter, R-Pa., can simply amount to "an inexpensive license to cheat the taxpayers."

"This really is the cost of doing business," said Specter, noting that the fraud can often be in the hundreds of millions of dollars.

According to Army spokesman Dave Foster, eight individuals or companies have been barred from doing business with the Army, and another eight have been proposed for debarment. Foster also said that as of Jan. 30, 16 companies or individuals have been suspended from doing business, based on allegations of fraud and misconduct connected to Iraq reconstruction contracts.

Bowen said that such administrative action against those who commit misconduct can strip them of security clearances.

Iraqi officials are also investigating as many as 2,000 cases of fraud, amounting to about $8 billion in unaccounted for Iraqi construction funds, he said.

Committee Chairman Patrick Leahy, D-Vt., said more controls are needed over how billions of dollars for Iraq reconstruction are spent and that the Justice Department needs to move more aggressively in prosecuting fraud in Iraq.

Deputy Assistant Attorney General Barry Sabin said his agency is devoting significant resources to the effort, but he would not say how many investigators are working full time on the Iraq fraud cases. He said the prosecutions are complicated, and he would not say how many more people will be charged this year.

So far, he said, 16 people have been convicted in connection with fraud, kickbacks or other contracting violations.

Leahy is pushing legislation that would make war profiteering a specific crime and would apply to all contract fraud, whether it occurs in the United States or overseas.

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

Gates: "so far, so good" on new U.S. Iraq strategy
2007-03-18

As the fourth anniversary of the war approached with another violent day in Iraq, Defense Secretary Robert Gates said on Sunday it was too early to evaluate whether the latest U.S. strategy was working but "so far, so good."

American generals say it will probably be summer before the impact of additional U.S. troops sent to Iraq can be fully assessed, and have warned that the troop surge could have a "squirting effect" where al Qaeda and insurgents would operate from elsewhere, Gates said.

American public opinion has turned increasingly against the Iraq war and anti-war sentiment propelled Democrats into the majority in Congress. The fourth anniversary of the Iraq war this week was marked by anti-war protests during the weekend.

Iraqi police on Sunday found the decapitated and bound bodies of nine policemen in Anbar province, where hundreds were earlier poisoned by chlorine gas bombs which U.S. commanders blamed on al Qaeda.

President George W. Bush in a new strategy this year ordered more U.S. troops to Iraq to focus on stabilizing Baghdad and restive Anbar province. Nearly 30,000 additional combat and support troops are being sent in an effort to curb sectarian and insurgent violence.

"I think that the way I would characterize it is so far, so good. It's very early," Gates said in an interview on CBS' "Face the Nation" program.

"I would say that the Iraqis are meeting the commitments that they have made to us," he said, pointing out that Iraqis have sent troops, allowed security operations in all neighborhoods and shown little political interference with military operations.

Bush has repeatedly opposed setting timelines for withdrawing U.S. troops from Iraq. But the House of Representatives, now led by Democrats, is preparing to debate a proposal that would tie approval of emergency war funds to a troop pullout by September 2008.

NO CHARADE

"The president has said he will veto it if it passes. That is clear to the Democrats in the Congress," Stephen Hadley, White House national security adviser, said on ABC's "This Week" program. "Our plea is, let's not go through this charade."

He reiterated the Bush administration's stance that premature troop withdrawal from Iraq would leave security to Iraqi forces that cannot yet cope with it on their own and allow groups like al Qaeda to establish a base from which to attack the United States.

But Hadley on CNN's "Late Edition" said he agreed with assessments reported by The Washington Post that al Qaeda's "hands are full in Iraq," but that the group has the intention to attack the United States.

Al Qaeda in Iraq, which is currently led by an Egyptian, has "made no bones" that once it establishes a firm base in Iraq, that it intends to try to destabilize neighbors and eventually attack the United States, said Gates, who is a former CIA director. "They've not made any secret of that."

Zbigniew Brzezinski, former national security adviser to President Jimmy Carter, said the Bush administration's logic was flawed that fighting al Qaeda in Iraq would prevent it from attacking the United States.

"What the administration fails to understand, and it's a fundamental historic error, is that we cannot be acting like an imperial power in the post-imperial age, like a colonial power in a post-colonial age," he said on CNN.

"The only way to eradicate terrorism is to have the support and consensus of all the moderates in the countries that potentially breed terrorists. And not trying to do it by ourselves with means which increasingly alienate people," he said.

Iraq neighbours: What's at stake?
Some experts believe that the US troops' surge and accompanying Iraqi government crackdown on the militias is the last chance to stabilise the country. There have been warnings that the crisis could spread to the rest of the region.
The BBC News website's world affairs correspondent, Paul Reynolds, examines what is at stake for Iraq's neighbours.




TURKEY
Turkey has three main interests in the stability and unity of Iraq. It opposes the emergence of a separate Kurdish state in the north along its border, because that might encourage Kurdish nationalism among its own Kurdish population. It wants an Iraq stable and strong enough to clamp down on the Kurdish PKK rebels who have set up bases in Northern Iraq.


It also opposes an Islamic state in Iraq because that might undermine its own model of being a secular state with a Muslim population.
It is therefore supporting the US effort in Iraq, which it sees as the most likely way to achieve its goals.


However, co-operation with the United States is sometimes fragile. Turkey refused to allow the US 4th Division to invade Iraq from its territory in 2003 and is currently concerned about a resolution in the House of Representatives in Washington which calls on the US government to recognise the mass killing of Armenians from 1915 as "genocide".

The Bush administration opposes the resolution while accepting that "mass murder" and "ethnic cleansing" took place. It does not want to jeopardise relations with Turkey, which it is trying to develop. US Assistant Secretary of State Daniel Fried told a House committee on 15 March that 74% of US air cargo into Iraq goes through the Turkish base at Incirlik. Much of the fuel used by US forces in Iraq and fuel and food for Iraqis as well goes across the land border.








IRAN
Iran is the neighbour that has perhaps emerged strongest from the US-led invasion of Iraq in 2003. The invasion ended any military threat from Iraq by ending the rule and later the life of the man who launched a war against Iran that lasted from 1980 to 1988. Iran's fellow religionists, Shia Muslims, dominate the current government of Iraq with the Sciri party, which has close links to Iran, playing a leading role.


In November 2006, Iran and Syria announced that they were restoring diplomatic relations with Iraq. With the US, both attended a regional conference in March this year called by the Iraqi government to try to encourage support for Iraq. However, Iran's role in Iraq has been criticised by the US and UK which accuse it of supporting Shia militias, especially the Mehdi army, that have attacked American and British forces, a claim Iran denies. Iran in turn says that the main source of instability in Iraq is the presence of foreign troops.
Iran is not thought to be interested in a break-up of Iraq. Ideally its leadership might prefer an overtly Islamist government in Iraq, but in any event it would like to see the Shia-led government gain full control of the country. In that way, its relations with its neighbours would be secure.


The issue of Iran's nuclear programme is a sensitive one, with the US leading the effort to extend UN sanctions on Iran and Iraq sitting uncomfortably in the middle.







SYRIA
Syria has adopted an uncertain policy towards Iraq since the invasion of 2003. On the one hand it was pleased at the demise of Saddam Hussein.

It sided with Iran during the Iran-Iraq war because of disagreements between Saddam Hussein and the then Syria leader President al-Assad, father of the current president. Syria even sent troops to fight in the 1991 war to remove Iraq from Kuwait.


On the other hand it is concerned about the presence of US troops next door and at the hostile policy of the Bush administration. President Bush once described Syria as part of an "axis of evil". The US has accused it of allowing Sunni Islamic fighters to cross its border to take part in the insurgency.
However, last November it joined with Iran in restoring diplomatic relations with Iraq and, with Iran and the US, attended a regional conference in March organised by the Iraqi government.

It thereby signalled its interest in stabilising Iraq, perhaps believing that the quickest way to get US troops out would be for the Iraqi government to gain control. This appears to be part of its desire to develop better relations with the rest of the Arab world, especially Saudi Arabia, with whom it fell out over particularly its role in Lebanon. It was pleased to be invited to a regional summit in the Saudi capital Riyadh at the end of March.







JORDAN
Jordan has followed its traditional path of trying to balance its own interests between sometimes competing pressures. It wants to maintain good relations with the United States but at the same time has had to find a way of developing relations with the new government of Iraq which is no longer dominated by the Sunni interests with which Jordan previously had close ties. Jordan's King Abdullah comes from the Hashemite royal family, which provided Iraq's first king, Faisal.


Jordan was also an ally of Saddam Hussein during the Iran-Iraq war and initially supported Iraq after its invasion of Kuwait. However, following the invasion of Iraq in 2003, a bomb attack on Jordanian embassy in Baghdad in August that year, in which 19 people were killed, was an early indication that the insurgents saw Jordan as an enemy.
So Jordan made its peace with the Iraqi government and sent its prime minister on a visit to Baghdad in September 2005, the first by an Arab leader since the fall of Saddam Hussein.

Jordan accepts that any Iraqi government will be dominated by the majority Shia but wants a strong Sunni presence.

It also has an interest in stopping Iraq from disintegration, for fear that the already high number of refugees going to Jordan will increase substantially.







SAUDI ARABIA
Saudi Arabia opposed the war against Iraq in 2003 and has recently become concerned at the growth of Iranian and Shia influence, which it thinks is partly the result of that invasion. So it has embarked on a diplomatic effort to rally Arab governments in an alliance to counter that influence.

It is especially worried about the prospect of Iran developing a nuclear bomb, something Iran denies it intends to do.


The Saudi government wants a broadly based government to develop control in Iraq, one that includes representative Sunnis. However, some elements within Saudi society are thought to be sympathetic to the Sunni insurgents and the Iraq Study group led by the former US Secretary of State James Baker concluded that some rich Saudis had sent money to the insurgents to buy weapons. This has been an embarrassment to the Saudi government because it needs to keep in with the United States.
Its public opposition to the invasion has been quietly followed by practical acts of help, especially on the intelligence front. The Saudis and the Americans have a common interest in opposing al-Qaeda resistance, from which Saudi Arabia has suffered on its own soil.

Its heightened role has also been seen in its diplomacy surrounding the Israeli-Palestinian dispute. It brokered a deal between Hamas and Fatah for a new Palestinian government and proposed a revived peace plan first agreed in Beirut in 2002.







KUWAIT
Kuwait supported the US invasion of Iraq in 2003, which was launched from its territory. US and other foreign forces have been partly sustained from Kuwait ever since. Kuwait's motivation was hostility to Saddam Hussein who invaded Kuwait in 1990 despite its support for him during the Iran-Iraq war.


Having got rid of their main enemy, the Kuwait rulers now desperately want the wider US aims in Iraq to work. Like Saudi Arabia and other Arab states, Kuwait would like to see a unified Iraq with good Sunni representation. It, too, is concerned about the rise of Iran.
However President Mahmoud Ahmadinejad visited Kuwait in February 2006 to try to improve relations, the first visit there by an Iranian leader for 27 years.

Iran said diplomatically that Kuwait has been "misled" by Saddam Hussein. Kuwait also hopes that a future, strong and stable Iraqi government will finally end talk in Iraq that Kuwait, with its oil riches, is simply a lost Iraqi province.




Story from BBC NEWS:
BBC NEWS | World | Middle East | Iraq neighbours: What's at stake?

Published: 2007/03/20 15:21:02 GMT

© BBC MMVII

Kurdish forces take over responsibility for security in four districts
(Voice of Iraq) - 20-03-2007 shall Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Kurdish forces take over responsibility for security in the four districts of Baghdad
Irbil (March 20) and the agency (Lucky) Italian News - The commander of the First Brigade of the Iraqi army in return for Curran, "The Kurdish forces sent to Baghdad to support the security plan (a system) has received security functions in the revival (Group and Al Bai'aa and Almeraaneh and intelligence), and there are welcome to the presence of the Kurdish population in their neighborhoods." Curran added in a statement to the News Agency Kurdish official in Baghdad "We have begun the deployment of our troops in the four districts were allocated to us, and we responded and welcomed by the population, and we have formed a committee to contact with the residents in these neighborhoods to coordination and cooperation." And on the military operations carried out by Kurdish forces, Curran said, "We have some limited military operations, the forces seized corresponding age group I and II of the First Brigade of the quantities of weapons, equipment, but in the event of expansion of the military operations will need certainly to the orders of the high command, because there are problems between population and the militias as well as a sectarian violence in the areas of Baghdad. " A spokesman for the general command of the forces protecting the territory Jabbar aide-de-camp had said yesterday that "once in the first batch of the First Brigade of the Iraqi army in Irbil killed and wounded four other officers during their return to Arbil," he said, adding that "unknown elements opened fire on their car in a suburb of the city of Baghdad."

Iraq aims to produce 3.5 million barrel a day in 2011
Translated by IRAQdirectory.com - [19/03/2007]

Iraq says it wants to increase its production of crude oil to 3.5 million barrels per day by the year 2011, according to a reconstruction plan broadcasted in the United Nations on Friday.

According to the plan, this will increase, by almost three times, Iraq’s proceeds from the export of crude oil to about $ 50 billion.
Since the American invasion in 2003, Iraqi oil production ranged around two million barrels per day and the exports 1.5 million barrel a day, while before the war, production amounted to slightly less than three million barrel a day and exports about two million.

The plan, developed with the assistance of the United Nations also aims to the production of 700 thousand barrels per day of refining products by the year 2011.

The Secretary-General of the United Nations, Ban Ji Moon, and Iraqi Vice President Adel Abdel Mahdi will attend a conference discussing this plan with about 80 States on Friday, in an attempt to mobilize international assistance for the reconstruction plan.

http://www.iraqdirectory.com/DisplayNews.aspx?id=3453

I have never understood why anyone would bother buying dinars on ebay when there are such great alternatives available...and especially from a seller who obviously knows jack squat about what is really happening.