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

An item on the table of the Foreign Ministers of Arab States at their meeting
(Voice of Iraq) - 26-03-2007

20 items on the table of the Foreign Ministers of the Arab Foreign Ministers
Kuwait intends to launch a proposal <Arab summit economic> in Riyadh today
RIYADH : Turkish Neigh, Mohamed Al-Manif

Al <Middle East> The draft agenda before the foreign ministers of the Arab states, at a preparatory meeting for the 19th summit of Riyadh, to be held today, which consists of 16 items, in addition to the four new ones.
Items included new proposal of holding an Arab summit consultative, and the Arab national security, international terrorism and ways to combat it, and the Kuwaiti proposal to hold an Arab economic summit, sources first session to be held in the event of approval of the State of Kuwait.

And consider the Foreign Ministers of Arab States in the report of the Secretary-General's report on joint Arab action, where he will discuss also mentioned in the meeting of Foreign Affairs, which will be held in preparation for the Riyadh Arab summit, scheduled for March 29 in the 28 current developments in the Palestinian issue and the Arab-Israeli conflict and the repercussions of the situation in Iraq, Iran and the continued occupation of the three Arab (Greater Tunb, the Lesser Tunb and Abu Musa).

In addition to consideration of the treatment of the damage arising from the dispute over the Lockerbie case, which is expected to leave the Arab foreign ministers, refusing to declare a unilateral American sanctions on Damascus, and will be assembled in accordance with the terms of the draft agenda, a copy of which was obtained <Middle East> a copy of which was to support the peace and infrastructure in the Sudan, in addition to support Somalia and the Comoros.

It seeks the Foreign Ministers of Arab States to develop a unified position <take practical steps> to free the Middle East of weapons of mass destruction, on the other hand, many business choices will discuss the development of nuclear energy for peaceful Arab countries members of the League.

It will include discussions today, to support dialogue between civilizations, a proposal made by Tunisia, the Foreign Ministers will discuss a plan for an Arab model for education in the principles of human rights in the period between 2004 2009.

For his part, revealed Badr Al-Humaidi, Kuwaiti Finance Minister, today said that Kuwait intends to submit a proposal for the establishment of an Arab economic summit in Riyadh, and after it has been informed by the Secretary-General of the Arab League, Amr Moussa, the idea of the proposal during a meeting yesterday Kuwait preparatory session for the summit of the 19 Arab solidarity of the Economic and Social Council, and expressed optimism acceptance of the proposal.

He told Al-Humaidi <Middle East>, the <policy today linked to the economy, and therefore very important to discuss economic issues at the level of Arab leaders>, noting that most discussed at the meeting, the preparatory session of the Economic and Social Council for the Arab summit to be held next Wednesday the presence of Heads of Arab States, to discuss implementation steps with the Arab customs.

He said Al-Humaidi : <put the appropriate program of the Arab Customs Union, which will become fully only in 2024>, explaining <that the Customs Union will contribute in facilitating the movement of goods and labor between the Arab countries smoothly so that there are no barriers between Arab states>.

To this, and according to Dr. Ibrahim Al-Assaf, Minister of Finance, Saudi Arabia Saudi Arabia will seek to take advantage of the United States of the Gulf Cooperation Council to be the beginning of major steps in the Arab countries, pointing out that the coming stage will witness a significant positive movements in the Arab side for the completion of all the flaws in the detailed rules of origin and then move to remove all bottlenecks in the area of customs, in preparation for entry into the European customs.

Al-Assaf pointed out that Saudi Arabia continues to provide financial support to the Palestinian people, and is not limited to official support, in an allusion to discuss some of the resolutions put forward in detail with the Foreign Ministers of the political and economic side, indicating saying <We are committed to supporting our brothers in Palestine in the reconstruction and development projects and support for the Palestinian government,>, stressing that he was in last summer to provide $ 250 million.

Al-Assaf said during a press conference held after the meeting of the preparatory session of the Arab summit of the 19 of the Economic and Social Council that there was no specific decision regarding investment in Iraq, noting that the issue might be put in this summit, at a time when efforts continue to support Iraq's stability and security and economic development.

Al-Assaf pointed out that there are several topics discussed at the summit; the most important issue of the preparation of executive program of the Arab Customs Union and the obstacles facing it to be dealt with in the Arab free trade zone, that some useful things completed and the stage of the Customs Union in the summit will witness the recommendations in this regard.

Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

President Talabani will be three files Iraqi mission at the top
(Voice of Iraq) - 26-03-2007

President Talabani will be three files Iraqi mission at the top of Riyadh

Listening Central : gaining the participation of President Talabani in Riyadh Summit of exceptional importance, carrying in his bag three sensitive portfolios contribute stabilization of the situation in Iraq and ensure Arab support for the efforts of the government to do so. The observers speculate that the Iraqi diplomacy will enter through the station, a new test of the effectiveness and success of the gains achieved after the other during much of the Baghdad International few weeks ago.

The sources said that the files, which would be presented by President Talabani on the Arab leaders during the summit Riyadh will support a plan to impose law and checking the borders with Iraq and debt, reparations and the swift opening of embassies and consulates of Arab and Arab backing to the government of al-Maliki.

Part of the newspaper "Akadh" Saudi Arabia, citing its own sources that Iraqi President Jalal Talabani, head of the Iraqi delegation to the Arab summit to be held in Riyadh next week is expected to be one of the Iraqi file, the files will be the main detailed discussions in closed meetings for the summit and the meetings he will hold on the Arab leaders sidelines of the Arab summit in order to restore security and stability to Iraq and preserve its unity and territorial integrity, stability and put an end to the violence and massacres, the bloodshed in Iraq.

The sources said that the Arab leaders will discuss ways of restoring security and stability in Iraq and to prevent the further direction of the turbulence that will have catastrophic effects on the entire region. Al "Akadh" that the Arab leaders will be identified by a call for all Iraqis to move away from the ethnic and sectarian divisions, not sliding towards civil war because of its negative impact on the neighbors, the whole world. The Iraqi Foreign Minister Hoshyar Zbiari Riyadh Arab summit that would give priority to the Iraqi file in the light of ongoing developments on the Iraqi arena and the importance of strengthening the Arab role to find a solution to the Iraqi crisis.

He said in press statements that the hopes and aspirations of the Iraqi people centered on the summit held in Riyadh as important and sensitive conditions of the Arab nation and requires concentration of efforts for the restoration of the Arab rights and exit decisions in the interests of the Arab peoples. He added that it is certain that the Iraqi file and strongly present in the table top to the other files where it is hoped to come up with stresses the importance of the unity, independence and territorial integrity of Iraq and supporting Iraq's political and contribute to the reconstruction of Iraq.

He explained that the Arab nation Zbiari going through a sensitive and dangerous require a long-term strategy as it is certain that the Saudi leadership of the Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz will make the work of the summit with leaders of Arab countries and the summit will go further strengthen solidarity and joint Arab action.

For his part, Dr. Mohsen Abdul Hamid Consultation Council Chairman leaders of the Iraqi Islamic Party, the Arab countries need to stand by Iraq in dangerous conditions experienced by explaining that the Iraqi people look forward to the contribution of Arab States in the reconstruction of Iraq and the daily bloodshed, saying that Iraq is at a sensitive, and it is a part the Arab nation must Aitrk to Iraq alone to become vulnerable to enticements international summit called by Iraq to its Arab and stop foreign interventions that contribute to undermine stability and security in it.

For his part, Dr. Fouad Massoum head of the Kurdistan Alliance that the Iraqi people expect political support for the political process and contribute to the reconstruction of Iraq.

Dr. Adnan Al Dulaimi, a member of the Iraqi Accord, said that the Iraqi people demands the Arab summit to stop foreign interventions and to contribute to the reconstruction of Iraq and the return of Iraq to its Arab and preserve the unity and sovereignty.

Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Iraqi Stock Exchange joining International Federation of Bourses
After its participation in the establishment of the Union of Arab Stock Exchanges
Translated by IRAQdirectory.com - [26/03/2007]

It is expected that Iraqi market for securities will witness important developments during the coming period, when it is hoped that it will join the International Federation of Bourses, as well as completing rules and procedures of circulation for the non-Iraqi, Arabs and foreigners, after the government agreed to that, and authorized the concerned bodies to prepare instructions in this regard.

Also, the market continued to take measures to complete the project of electronic transaction and central depository, since it means achieving connectivity with Arab and international stock exchanges and guarantees the continuity of mutual investment and stock circulation.

This was emphasized by the Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, explaining that the Iraqi Stock Exchange has participated earlier this year in the establishment of the Arab Union of Stock Exchanges trough the Iraqi Securities Association; also, joining the market to the Union of Asian Bourses was done early last year, and the stage of training on the use of electronic circulation system has been completed, and is continually installing devices and equipment for the direct application of this system and transfer the investors’ files from the participating companies to the deposit center, which will help in dealing with everyday problems of the work in the Stock Exchange and speed up the circulation of shares, as well as encourage investors to train and move to electronic trading and accept the inclusion of new companies in the market; in addition to the expansion of investment through signing agreements with the concerned bodies in Kurdistan to open a hall for securities circulation there, electronically connected with the Iraqi market in Baghdad, as well as studying a similar step for opening of a circulation hall in Basrah.

It is noteworthy that the Iraqi market for securities implemented during 2006 93 circulation sessions at the rate of two sessions per week, during which 58 billion shares were circulated, worth 146 billion dinars.

http://www.iraqdirectory.com/DisplayNews.aspx?id=3490

Baghdad Bourse welcoming foreign investors
The mediators are studying new measures
Translated by IRAQdirectory.com - [26/03/2007]

50 mediators in the Iraqi market for securities are examining the measures and instructions for activating the resolution, which allows non-Iraqis to circulate shares and bonds on the Stock Exchange of Iraq, and the requirements of starting the work by it, amid investors’ expectations of significant shifts; the most important of which are the positive high returns in relation to investment in general, and the raise of the level of stock prices and transactions volume on the stock market in particular.

Head of Iraqi Bourse Trustees, Talib Tabatabai, hoped that “activating this resolution will achieve economic advancement, the development of investment and expanding its base in Iraq”. He emphasized that Arabs and foreigner investors “sent letters to companies and offices of the Iraqi mediation which are 50, seeking clarification on the method of investment in the shares sector and the mechanism of circulating them via the Bourse, according to the decision issued by the Iraqi government in this concern”.

The Association of Securities in Iraq required the disclosure of brokerage companies approved by Iraqi Bourse and their offices on the web site of the Iraq market, and equally, including their e-mail addresses, their capitals, telephone numbers, a brief on the company and the volume of transactions achieved in the last two years, as well as the company’s balance and the name of its managing director.

The Association also required that the mediator must check the identification of the non-Iraqi investor by requesting documents through electronic image, to be supported later by a certified copy from the embassy of Iraq in the country of the investor and any governmental organization.

It pointed out that the required papers are: ID card, valid passport, the contract and license of incorporation signed by the issuer and the Iraqi embassy or the concerned Iraqi authority.

The Iraqi Bourse will dispose the buying and selling authorization in Arabic and English, including the No. of issue and other necessary information, with the possibility of delivering the authorization by e-mail or agent of the investor or any other means, on condition that the mediator will be responsible for the purchase and sale according to his relationship with the investor and to the guarantees and trust between the two.

The procedures issued by the Iraqi Association of Securities licensed the non-Iraqi investor who is not in Iraq, the appointment of an agent to follow up his affairs and receive his certificates, while the intermediary can not receive any cash from the non-Iraqi investor or his agent, and may not pay the sell cash; such operations must be carried out through a licensed bank in Iraq and in Iraqi dinar, and place the financial settlements by the time prescribed in the instructions for circulation to the seller.

http://www.iraqdirectory.com/DisplayNews.aspx?id=3489

Originally Posted by frathousemicrowave

No one likes to read any more...lol. Here's the video, English talking kicks in about 10 sec. into it.
Video: Attack on al-Qaida | Video | Guardian Unlimited

Good to watch that video, but I have to admit I got a chuckle at the prompt overlayed on the still of all the men holding rifles..."Click to load, this may take a few moments."

Originally Posted by Lunar

President Talabani will be three files Iraqi mission at the top
(Voice of Iraq) - 26-03-2007

President Talabani will be three files Iraqi mission at the top of Riyadh

Listening Central : gaining the participation of President Talabani in Riyadh Summit of exceptional importance, carrying in his bag three sensitive portfolios contribute stabilization of the situation in Iraq and ensure Arab support for the efforts of the government to do so. The observers speculate that the Iraqi diplomacy will enter through the station, a new test of the effectiveness and success of the gains achieved after the other during much of the Baghdad International few weeks ago.

The sources said that the files, which would be presented by President Talabani on the Arab leaders during the summit Riyadh will support a plan to impose law and checking the borders with Iraq and debt, reparations and the swift opening of embassies and consulates of Arab and Arab backing to the government of al-Maliki.

Part of the newspaper "Akadh" Saudi Arabia, citing its own sources that Iraqi President Jalal Talabani, head of the Iraqi delegation to the Arab summit to be held in Riyadh next week is expected to be one of the Iraqi file, the files will be the main detailed discussions in closed meetings for the summit and the meetings he will hold on the Arab leaders sidelines of the Arab summit in order to restore security and stability to Iraq and preserve its unity and territorial integrity, stability and put an end to the violence and massacres, the bloodshed in Iraq.

The sources said that the Arab leaders will discuss ways of restoring security and stability in Iraq and to prevent the further direction of the turbulence that will have catastrophic effects on the entire region. Al "Akadh" that the Arab leaders will be identified by a call for all Iraqis to move away from the ethnic and sectarian divisions, not sliding towards civil war because of its negative impact on the neighbors, the whole world. The Iraqi Foreign Minister Hoshyar Zbiari Riyadh Arab summit that would give priority to the Iraqi file in the light of ongoing developments on the Iraqi arena and the importance of strengthening the Arab role to find a solution to the Iraqi crisis.

He said in press statements that the hopes and aspirations of the Iraqi people centered on the summit held in Riyadh as important and sensitive conditions of the Arab nation and requires concentration of efforts for the restoration of the Arab rights and exit decisions in the interests of the Arab peoples. He added that it is certain that the Iraqi file and strongly present in the table top to the other files where it is hoped to come up with stresses the importance of the unity, independence and territorial integrity of Iraq and supporting Iraq's political and contribute to the reconstruction of Iraq.

He explained that the Arab nation Zbiari going through a sensitive and dangerous require a long-term strategy as it is certain that the Saudi leadership of the Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz will make the work of the summit with leaders of Arab countries and the summit will go further strengthen solidarity and joint Arab action.

For his part, Dr. Mohsen Abdul Hamid Consultation Council Chairman leaders of the Iraqi Islamic Party, the Arab countries need to stand by Iraq in dangerous conditions experienced by explaining that the Iraqi people look forward to the contribution of Arab States in the reconstruction of Iraq and the daily bloodshed, saying that Iraq is at a sensitive, and it is a part the Arab nation must Aitrk to Iraq alone to become vulnerable to enticements international summit called by Iraq to its Arab and stop foreign interventions that contribute to undermine stability and security in it.

For his part, Dr. Fouad Massoum head of the Kurdistan Alliance that the Iraqi people expect political support for the political process and contribute to the reconstruction of Iraq.

Dr. Adnan Al Dulaimi, a member of the Iraqi Accord, said that the Iraqi people demands the Arab summit to stop foreign interventions and to contribute to the reconstruction of Iraq and the return of Iraq to its Arab and preserve the unity and sovereignty.

Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

WOoTTTT!!!!

well, i for one have never experienced so much good news in one day concerning the dinar.

Originally Posted by shotgunsusie

WOoTTTT!!!!

well, i for one have never experienced so much good news in one day concerning the dinar.

Well hang on to your drawers girl....cause I think it's about to get better!

Originally Posted by rvalreadydang

Riyadh-3-25 (KUNA) -- Minister of Finance said the Iraqi statement Jabr strike here today that the economic policy of the regime in the country prevented the exploitation of Arab investors promising investment opportunities in Iraq.

.The strike in a statement to reporters following his participation in the work of the Economic and Social Council of the League of Arab States for the preparation of the agenda of the coming Arab summit that the remnants of the ousted regime Kaltamim policy and other socialist laws is not to encourage investment in Iraq.

وقلل .The Iraqi minister played down the impact of this connection, the security situation in this regard, pointing out that about 20% of the area of Iraq is unstable security, but the remaining 80% ripe and ready for investment.
دةHe called on everybody to invest in Iraq and the exploitation and study investment opportunities in pointing out that Iraq has the opportunities and possibilities promising

marsadiraq.com

RIPE FOR PICKIN!!!! WOoTTTTT!!!!!

(is 80% of the usa safe?)

Originally Posted by duck2000

as susie has told us the pension law is the key to an r/v and as i have said it will take place end of this month /quote{the law of the staff will put into effect as of this month}end quote!!!

GRABBIN YOU UP AND KISSIN YA
RIGHT ON THE BEAK!!!!

Economic : the Iraqi economy needs to be radically reformed speed
26.03.07
To catch up with the evolution of world economies
Baghdad Hassan spring

The specialists economists that growth rates in the revival of the Iraqi economy and the reform should be redoubled in order to accelerate and reduce the intervals of time that separate it from the ranks of the economies of other countries, which witnessed growth rates, which are rising dramatically.

He explained Dr. Ismail Hammadi Ebeid, an economist known that the simple rates of growth taking place in the Iraqi economy are inadequate compared to those taking place in the economies of other countries and to live up to its level Massafha.
And planners say-by-Hammadi into this situation and try to look for ways and quick solutions to activate different sectors of the economy and legislating laws consistent with the stage and circumstances and ensure the achievement of those rates.

If we fail to do so would not constitute a simple growth rates ranging from 3%to 7% of any refunds important to the economy is suffering from a state of stagnation and decline, languishing in the lower grades and all sectors complain of neglect.

The vitality of the world economies are usually measured through the growth rates achieved and this is a sign of vitality and activity Take for example, growth rates achieved by the Chinese economy which is one of the world economies more dynamic and vibrant though it is a state-oil.

We must benefit from the experience of the world in this area, especially those with similar circumstances and the nature of economics with the current circumstances in Iraq and the nature of its economy.

For that to be hiring specialists in this area are assigned in collaboration with the Ministry of Planning developed only for the advancement of various economic sectors in order to activate their performance and remove them from their present situation.

Hammadi reiterated :
We must focus on the sectors as a top priority to the agricultural sector and help him through the required support materials such as fertilizers, seeds, machinery and methods of modern agriculture and the industrial sector are paying attention through the creation of the means to promote national industries, as well as task comes the role of other important sectors, including the private banking and oil, electricity and the services sector, and steps to integrate Tnjsm directions and show the real picture of the Iraqi economy faltering tracks.

He went on to say ..
Therefore, I stress in this area on the need to develop annual plans and the other five and then in order to achieve far-reaching results reflected directly on the situation of the Iraqi economy and should be encouraged investment operations at the local level or the national mean space.

He concluded by saying :
True to the development of economic sectors depends on the improvement of security conditions but we have to take advantage of the conditions of the safe areas and the start of reforms and accurate statistics and Mapping new economic and improve the living situation, we surrender to the principle of non-absorbed as the next great tasks and overcome mean redouble efforts and long-burning stages

Translated version of http://www.alsabaah.com/paper.php?source=akbar&page=37