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

bush is not a good judge of character seems like everyone hes put in office is in trouble the same with malik he should tell put up or get out

Originally Posted by rvalreadydang

wow, an entire week? i think that's the first i've seen it be pre announced for that period of time, isn't it normally a couple days?

in the infamous words of a long lost investor...
'when the auctions stop, the rv is right around the corner'.

on second thought the auctions havent actually 'stopped' theyve merely ceased to alter the rate at this time. all the while printing stories about how they are going to raise the rate of the dinar. 'you cant make this stuff up' as one reporter who lived in baghdad for 3 years stated.

Originally Posted by shotgunsusie

in the infamous words of a long lost investor...
'when the auctions stop, the rv is right around the corner'.

Susie, is this quote from you or someone else? Thanks.

"The Iraqi Central Bank announced the adoption of buying and selling rates for the dollar on Monday, March 19, 2007 until the end of office hours on Sunday, which falls on March 25, 2007. "



A week with no move. Sounds to me like a last chance for banks and their people to offload their dollars.........Next week could be very interesting as Mike would say.

I have read somewhere else that the new budget starts on April 1, 07. Is that true??

Bush speech in 30 minutes guys. Sure there will be plenty of, 'it's working/security is improving/thanks, we need more time/be patient' etc. But always good to hear GW on Iraq.

Originally Posted by sandradstzc

bush is not a good judge of character seems like everyone hes put in office is in trouble the same with malik he should tell put up or get out

Pres.Bush did not appoint Maliki. He was elected by Iraqis. Your thinking of the provisional government prior to the constitution adoption.

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

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

4 million Euros = 5,329,040 USD

Iraq regains part of the money be items smuggled Saddam
(Voice of Iraq) - 19-03-2007
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Iraq regains part of the money that Saddam items smuggled outside the country

اقتصاد/عراق/اموال/صدا��
Iraq regains part of the money that Saddam items smuggled outside the country

Baghdad-3-19 (KUNA) -- The Iraqi Ministry of Finance today that it regained part of the Iraqi funds that Saddam Hussein items smuggled out of Iraq during his tenure.

The transfer of a government statement on the Finance Minister Baqer Jabr Al-Zubaydi said, "The Swiss authorities recently agreed to transfer ownership of the shares of the Swiss company that owns one of deficiencies in Cannes, South of France on behalf of the Iraqi government."

He added that "these shares were managed by the named successor Dulaimi commissioned by the former regime as the one above has frozen funds in Switzerland, according to the resolutions of the Security Council and the ministry is following and is engaged in discussions to re - those of the funds."

The statement did not reveal the volume of the shares of the Swiss company transferred to the Iraqi government only reference to the Iraqi minister stressed that the follow-up to each Iraqi funds, both those that escaped abroad or frozen Security Council resolutions.

Zubaidi explained that the government was making efforts to release the amount of four million euros frozen to the French authorities for transfer to the Development Fund for Iraq.

Translated version of http://www.sotaliraq.com/