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

Originally Posted by Jola

Al-carries the responsibility of the Minister of Finance delay in the application of the new retirement law - PENSION LAW WILL APPLY STARTING WITH APRIL!!



بغداد - الصباحBaghdad-Sabah
حمل النائب محسن السعدون عن التحالف الكردستاني وزير المالية باقر جبر الزبيدي مسؤولية تأخير البدء بتطبيق قانون التقاعد الجديد.MP Mohsen al-Sadoun of the Kurdistan Alliance and Finance Minister Baqer Jabr Al-Zubaydi responsibility delay introduction of the new retirement law. وقال السعدون في تصريح صحفي امس السبت: ان مجلس النواب صادق على القانون قبل اكثر من سنة ونصف السنةAl-Sadoun said in a press statement yesterday, Saturday, the House of Representatives : that ratified the law more than a year and a half


وصادقت عليه رئاسة الجمهورية، كما وتم نشره في الجريدة الرسمية ايضا., And endorsed by the Presidency of the Republic, was also published in the official gazette also. واضاف السعدون:"ان وزارة المالية لاتزال غير جادة بتطبيق القانون "مطالبا"وزير المالية ووزارته التسريع بتطبيق القانون وبالاخص بعد المصادقة على ميزانية العام2007 . واشار الى:"ان شريحة المتقاعدين مهمة ويجب الاهتمام بها كونها تمثل أكثر من مليوني عراقي ". واوضح السعدون:"ان قانون الموظفين سيبدأ تطبيقه اعتبارا من الشهر الجاري ". وتابع:"ان اللجنة القانونية في مجلس النواب بصدد الانتهاء من مشروع قانون تصفية وتكرير النفط الخام بالاضافة الى بعض القوانين والتشريعات المنصوص عليها في الدستور". وبين السعدون:"ان هناك خطة لتوزيع القوانين البالغ عددها 55 قانونا يراد تشريعها ضمن الدستور على اللجان في مجلس النواب وحسب اختصاص كل لجنةHe added : Sadoon "that the Ministry of Finance is still not serious application of the law" and urged "the Minister of Finance and the EU to accelerate the application of the law, especially after the ratification of the budget year 2007. He pointed out : "The important segment of retirees and attention must represent more than two million Iraqi." Sadoon explained : "The law of the staff will put into effect as of this month." He continued : "The Committee legal in the House of Representatives is about to complete the draft law on the liquidation of refining crude oil in addition to some laws and legislation enshrined in the Constitution. " and between al-Sadoun : "There is a plan for the distribution of the laws of the 55 legally be within its Constitution committees in the House of Representatives, and according to the jurisdiction of each committee

YESSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!
THIS IS IT!!! WEEEEEEEEEEEEE!!!!!!!!!!!!!!

Originally Posted by rvalreadydang

العربيةIraq looks to establish economic relations with Arab countries, sophisticated



14:45 25 / 03 / 2007 14:45 25 / 03 / 2007

PUKmedia غداد:PUKmedia Laila al-Shamri / Baghdad :

أكد .Dr. Abdalvalah Hassan, the Sudanese Minister of Trade that Iraq looks forward to the evolving relationship with the Arab countries in the economic field to interact and achieve Arab economic integration and desired to participate in the free market, which concerns itself with the Arab growth of this economy and the exchange of experiences and information.

.He added, the Sudanese press statements today, Sunday, in Riyadh that Iraq has taken a series of significant economic measures concerned the adoption of a free economy and openness, controlled and applied by the State as well as the issuance of the most important strategic decisions Investment Law, which was approved by the Parliament and took effect today. مضيفاً.Iraq, adding that the projects to ensure the Arab brothers to denounce the terrorist operations that target Iraqi economy and claim support for Arab support to confront this terrorism, which seeks to destroy the infrastructure of the Iraqi economy, was welcomed by the brothers of this proposal, which would be one of the projects issued by the summit of Arab leaders and the leaders of the Saudi capital.

وأشار .He pointed out that the Sudanese Riyadh Economic Conference was an opportunity to exchange views with the Ministers of Arabs and clarify the policy in Iraq, economic openness and flexibility to increase the volume of trade with all Arab countries, and to achieve Arab integration, pointing out that paragraphs and recommendations discussed by the Board was concerned with the task of developing the economy Arab and the removal of obstacles relating to the establishment of the Arab free market to support projects related to tourism, transport and the electricity grid and the general structure of the monetary union of the Arab Customs and proactive mechanisms and programs for the application of this structure.

.The Sudanese that Iraq will new projects for the meetings of the Economic and Social Council after the Arab next to be completed mechanisms for this project, which regards the support of Arab investment in Iraq and ask the Arab governments to urge companies and businessmen and the private sector to invest for various projects in all regions of the country.

.He stressed that Iraq possesses tremendous economic force capable of bringing to the world economy if the safety factor and provide stability where possesses all the fundamentals of development and stockpiling of oil and therefore would be a milestone in overcoming all the problems of the present stage which superseded his sons, and Iraq will topple all the machinations and conspiracies of the enemies different.



ÊÝÇÕíá ÇáÇÎÈÇÑ

YOU KNOW WHERE IM GRABBIN YOU UP AND KISSIN YOU AT GIRLY!!!!

Originally Posted by Inscrutable

http://investing.reuters.co.uk/news/...-REPORT-DC.XML

IMF to urge further depreciation in dollar:\

BERLIN (Reuters) - The International Monetary Fund will say further depreciation by the U.S. dollar is needed to help correct global imbalances in its latest World Economic Outlook (WEO), Germany's Sueddeutsche Zeitung said on Saturday.

Quoting from a draft of the WEO, the paper said the Washington-based fund argued "extraordinarily aggressively" for a correction in exchange rates, above all so as to reduce the massive U.S. current account deficit.

The dollar, which slid to a 2-year low against the euro last week, should continue to depreciate in the mid-term, while the yen, the Chinese yuan and currencies of oil-exporting countries in the Middle East should all appreciate, the draft WEO said.

The WEO, which is due to be published in mid-April, will add that there is no great need for further interest rate increases by the European Central Bank, according to the paper.



Thanks to solid growth in the 13-nation euro zone, the ECB would not create problems by raising its main lending rate to about 4.0 percent from 3.75 percent at present, the IMF said.

ok, i got a phone call yesterday concerning this. a gentleman from this forum messaged me last week and said he had information about all the oil producing countries revaluing their currencies, then called yesterday to fill me in on it. thanks for the heads up rev!!!

Originally Posted by rvalreadydang

العربيةIraq looks to establish economic relations with Arab countries, sophisticated


14:45 25 / 03 / 2007 14:45 25 / 03 / 2007

PUKmedia غداد:PUKmedia Laila al-Shamri / Baghdad :

أكد .Dr. Abdalvalah Hassan, the Sudanese Minister of Trade that Iraq looks forward to the evolving relationship with the Arab countries in the economic field to interact and achieve Arab economic integration and desired to participate in the free market, which concerns itself with the Arab growth of this economy and the exchange of experiences and information.

.He added, the Sudanese press statements today, Sunday, in Riyadh that Iraq has taken a series of significant economic measures concerned the adoption of a free economy and openness, controlled and applied by the State as well as the issuance of the most important strategic decisions Investment Law, which was approved by the Parliament and took effect today. مضيفاً.Iraq, adding that the projects to ensure the Arab brothers to denounce the terrorist operations that target Iraqi economy and claim support for Arab support to confront this terrorism, which seeks to destroy the infrastructure of the Iraqi economy, was welcomed by the brothers of this proposal, which would be one of the projects issued by the summit of Arab leaders and the leaders of the Saudi capital.

وأشار .He pointed out that the Sudanese Riyadh Economic Conference was an opportunity to exchange views with the Ministers of Arabs and clarify the policy in Iraq, economic openness and flexibility to increase the volume of trade with all Arab countries, and to achieve Arab integration, pointing out that paragraphs and recommendations discussed by the Board was concerned with the task of developing the economy Arab and the removal of obstacles relating to the establishment of the Arab free market to support projects related to tourism, transport and the electricity grid and the general structure of the monetary union of the Arab Customs and proactive mechanisms and programs for the application of this structure.

.The Sudanese that Iraq will new projects for the meetings of the Economic and Social Council after the Arab next to be completed mechanisms for this project, which regards the support of Arab investment in Iraq and ask the Arab governments to urge companies and businessmen and the private sector to invest for various projects in all regions of the country.

.He stressed that Iraq possesses tremendous economic force capable of bringing to the world economy if the safety factor and provide stability where possesses all the fundamentals of development and stockpiling of oil and therefore would be a milestone in overcoming all the problems of the present stage which superseded his sons, and Iraq will topple all the machinations and conspiracies of the enemies different.



ÊÝÇÕíá ÇáÇÎÈÇÑ

This is the leak we've been waiting for. Can we get confirmation? If the law is enacted now the dinar has to be exchangeable or the government is breaking there own laws.

Originally Posted by Jola

DO YOU SEE WHAT I AM SEEING????? DO YOU READ WHAT I AM READING TOO???
Let me know if you think we will see the rate moving ( not to type the big word here) tonight - with the Monday's auction!!!

@ same fit i was havin

Originally Posted by duck2000

maybe they could conjour up the rate on the dinar WHAT DOES THIS HAVE TO DO WITH THE DINAR???

Nothing really- why did it cause you actual physical Pain or extreme mental anguish to read it? We only have one news thread here and some of the stories I post are human interest ones about life in Iraq. There is another Dinar forum on the internet where all their news stories are categorized and sorted by topic -perhaps you should read your news there ! Lighten up PLEASE!

Originally Posted by Jola

DO YOU SEE WHAT I AM SEEING????? DO YOU READ WHAT I AM READING TOO???
Let me know if you think we will see the rate moving ( not to type the big word here) tonight - with the Monday's auction!!!

LOL i highligted that part hoping somebody would notice!

Originally Posted by Lunar

Seminars for cadres of the Iraqi bank
Source : statement UAE-25 / 03 / 2007

The Center for Banking Studies of the Ministry of Finance of Iraq symposia comprehensive training for cadres of the Iraqi banking system in order to raise the level of technical and professional performance.

According to a statement of the Center yesterday : <that included seminars explaining the instructions of foreign transfers and sessions to explain the law and instructions to control banking, in addition to courses in bank credit and current account>.

He added :> other sessions were held earlier in the English language, and detect money laundering and counterfeiting of foreign currency and lessons in the banking and financial sciences>.

teller training is complete!!

Get this one guys, Now that the investment law has passed they are not going to let foreigners invest in the ISX (Iraqi Stock Exchange) for the near future until who knows when. Just posted www.isx-aman.com
read isx pulse

Where is the tequila when you need it?

Originally Posted by shotgunsusie

YOU KNOW WHERE IM GRABBIN YOU UP AND KISSIN YOU AT GIRLY!!!!