Thread: Iraq/Dinar News up until April 10th 11pm ctz

Originally Posted by inquisitive1

Think about it...If you know that the value of your dinars would increase soon, why would you want to spend them when you can borrow against them for only a little interest.

You know i didn't think of it that way but that is an excellent point. Thanks.

Originally Posted by wciappetta

You know i didn't think of it that way but that is an excellent point. Thanks.

Had me puzzed too. Then I read back aways and it does make perfect since. Hope that is the case.

Also everyone should consider that when we do have a RV, that the probability is very high that the value of their dinar will increase a high percentage in the near future. Again, rather than spending your dinar for quick cash, consider taking a loan out. You will have the money you need in dollars and still have control of your dinars. You have a much greater chance of your dinars growing in value than the dollars you borrowed to spend.

CAIRO (KUNA) - Egypt announced today an agreement with Iraq and in coordination with the United Nations on the International Ministerial Meeting on the launch of the initiative (the International Covenant Iraq) on the third of next month in Sharm El-Sheikh.

Okay folks here it is in print (not that that means much!) the ICI will be launched May 3rd at a meeting in Egypt. So. If they do indeed follow through on this, what does that mean for a reval?? Does the reval need to happen before the ICI? Will the ICI help push the reval through?

I've asked this question before, but no takers...come on you brainiacs...give it your best shot!!

Originally Posted by ordinaryseawoman

CAIRO (KUNA) - Egypt announced today an agreement with Iraq and in coordination with the United Nations on the International Ministerial Meeting on the launch of the initiative (the International Covenant Iraq) on the third of next month in Sharm El-Sheikh.

Okay folks here it is in print (not that that means much!) the ICI will be launched May 3rd at a meeting in Egypt. So. If they do indeed follow through on this, what does that mean for a reval?? Does the reval need to happen before the ICI? Will the ICI help push the reval through?

I've asked this question before, but no takers...come on you brainiacs...give it your best shot!!

All feathers and fluff here ......not a single brain cell

We need the HCL and therefore the Constitutional Amendment for the RV. We really have had the IC. Even President Bush said that in a speech. The big signing of the IC , I have always felt is more of their big party celebration. I am hoping that the announcement of the date set for the signing means that the Dubai meeting on the HCL was a success.

Zebari is announcing an expanded ministerial meeting on the third and fourth of May in conjunction with the conference. It is kind of confusing but whats new..lol. I think there is a good chance that the signing will still be on the first.

Bad news. Amendment to Constitution re: 140 is rejected. Sorry and Hugs.

Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Originally Posted by Hkp

Iraq's prime minister orders pensions for Saddam's senior officers

07 April 2007 (AP Worldstream)


Prime Minister Nouri al-Maliki ordered pension payments for senior officers of Saddam Hussein's military and offered a return to service for lower-ranking soldiers, a major step aimed at defusing the Sunni insurgency and meeting U.S. benchmarks for his government.

In a statement, Al-Maliki's office said the decision was made during a Cabinet meeting late last month. It was not clear why the information was released only Friday.

Many former top intelligence, security and military officials are believedo have joined the Sunni insurgency after former U.S. administrator L. Paul Bremer disbanded Iraq's 350,000-member military on May 23, 2003, a month after the regime Saddam's regime was ousted.

The al-Maliki statement said that any former officer above the rank of major would be given a pension equal to that of officers now retiring. Former officers above major who wanted to rejoin the army were encouraged to check with the military command to learn if they were acceptable in the Iraqi army that is being rebuilt by American forces.

Those who had the rank of major or lower may voluntarily return to the army.

Lower ranking officiers and enlisted men with scientific or medical training would be given jobs in an appropriate government ministry, the statement said.

Al-Maliki, who is the supreme commander of the armed forces, issued a 24-point reconciliation plan shortly after taking power last year. It was seen then as a positive bid to draw disaffected Sunnis into the political fold. It was never implemented.

The measure still has not reached the floor, a delay that reflects heavy opposition to the measure among Shiite and Kurdish officials whose people were oppressed by Saddam.

The prime minister and President Jalal Talabani were expected to introduce legislation in parliament last week that would allow former members of Saddam Hussein's ruling Baath party _ including those in the feared security and paramilitary forces _ to regain government jobs.

The Bush administration has set out several benchmarks for al-Maliki's government. One is passage of the de-Baathification law to encourage Sunnis to rejoin the political process.

The draft measure sponsored by al-Maliki and Talabani would set a three-month challenge period after which ex-Baath party loyalists would be immune from legal punishment for their actions during Saddam's reign.

The bill, which excludes former regime members already charged with or sought for crimes, also would grant state pensions to many Baathists, even if they were denied posts in the government or military.

The reconciliation measure was announced March 26 but never put to parliament. It was thought to have been made public in an effort to short-circuit expected criticism of Iraq's government at an Arab League summit.

Al-Maliki was said to have taken the action at the time because he feared rising support among U.S.-allied Egypt, Saudi Arabia and Jordan for an Iraqi national salvation government led by former Prime Minister Ayad Allawi, a favorite of Washington.

"We present the draft Law of Accountability and Justice to parliament to build an Iraq that is accessible to all Iraqis determined to build a new, democratic Iraq that is far from sectarianism, racism, tyranny, discrimination, exclusion and disenfranchisement," al-Maliki and Talabani said in a joint statement when the measure was announced.

Iraq's prime minister orders pensions for Saddam's senior officers | Iraq Updates

debaathified!!!!!!!!!! woOTTTTT!!!!

Originally Posted by wciappetta

This strikes me as odd. Iraq can generate that much money in oil exports over 4.2 days. Why take the loan?

buy up cheap dinar before they revalue?? or yeah what inquisitive said, lol.