Thread: Iraq/Dinar News until 5/23/07 Midnight CST

Originally Posted by goldraker

If and when they pass the HCL. It will not affect the dinar in any way. Until they get all of their debts negotiated! So at the end of the day. We are doing a circle jerk, or chasing the tail round and round again!

[ C-J ?? ], Let's see now . . . yeah . . . ignore button time . . .

Best to you & all . . . RR . . .

Originally Posted by goldraker

If and when they pass the HCL. It will not affect the dinar in any way. Until they get all of their debts negotiated! So at the end of the day. We are doing a circle jerk, or chasing the tail round and round again!

LOL at "circle jerk". goldraker are you pivot man?
Very funny

The first page : the withdrawal of allocations ministries Khaddmitin did not implement only 1% of the plan

Baghdad / Hisham Rikabi

The Finance Minister Baqer Jabr Al-Zubaydi withdraw funds budget ministries that have not been implemented projects assigned to it.
Zubaidi said in a joint press conference held yesterday, Sunday, comprised of the Ministers of Trade, Planning and Central Bank Governor : that the rate of implementation of the ministries of the budget are good, but there Khaddmitin Talkata ministries in the implementation of their commitments, which did not implement only 1% of the annual plan of the previous stage, The result will be withdrawn financial allocations earmarked for them and given to other ministries.
And on the debt of Iraq and the question of extinguishing Zubaidi said : The government over three years and signed an agreement with the International Monetary Fund, which promised its part in helping Iraq and amortize debts estimated total of 140 billion dollars

Pointing out that the International Monetary Fund is working to reduce the ratio of debt to 20%. The Minister of Finance said that 45 States had to extinguish Iraq's debts increased by 100% and 80%, praising the role of Saudi Arabia in this area and they promised to extinguish 80% of the debt of Iraq, as well as China.
For his part, Minister of Planning pointed to Papan had been devoted more than 11 billion dollars to invest an amount which is the biggest in Iraq represents government investment, pointing at the same time that the amount he could create more jobs and raise the level of the Iraqi economy.
Papan announced the opening of a planning unit in all the governorates of Iraq to be in the service of conservation and local government, confirmed that its effectiveness will be launched in the next few days and that the youth cadre will be highly efficient implementation of these units.
For his part, Trade Minister Abdul Sudanese farmer that a large number of difficulties facing the work of the ministry, particularly with regard to financing, import, transport, storage, as well as financial difficulties and administrative corruption.
He explained that the Sudanese will this year provide vocabulary ration card in spite of the difficulties and the ministry has to import 2 million tons of grain and has been able to distribute most of the quantities and there are plans to provide large quantities of food, grain and improve the ration card.
To detect Central Bank Governor Sinan Shabibi on the availability of cash reserve of up to 21 billion dollars, considering that the amount was "good" that can create a reassuring stability of the market.

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Finance Minister Baqer Jabr Al-Zubaydi emphasizes the need

(صوت العراق) - 20-05-2007

(Voice of Iraq) - 20-05-2007

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Name of God the Merciful
The Ministry of Finance
Media Bureau
A press
Baghdad

20/5/2007

((Finance Minister Baqer Jabr Al-Zubaydi emphasizes the importance of the ministry in the governorates districts))

Under daily monitoring of the activities of the Ministry of Finance to determine the obstacles that hinder the implementation was held Baqir Jabr Mr. Zubaidi lengthy meeting included Adviser ministry and general managers were at the meeting to review reports weekly to assess the performance of banks and the Public Authority for taxes and the Public Authority for Customs and the rest of the ministry and the minister's paying attention to the districts of the ministry in the governorates in proportion to the services provided to citizens 0
The Minister stressed on the development of facades and furnishing buildings are well equipped with electricity generators and computers for its adoption in the archival aspect of scientific information and provide better services in the areas they handle the ministry 0

The Minister stressed the importance of the Public Authority for taxes decentralized system in collecting taxes from companies and citizens, and rehabilitation departments in the provinces so that they can perform their duties through distinct evolutionary attend courses to increase their efficiency, so as to lighten the burden on citizens during their Baghdad with tax accounting and find a mechanism for cooperation with them through the creation of a culture of tax enabled the Board to perform its duties well 0

He called on the bank to pay attention to the real estate and facilitate procedures for citizens to obtain mortgage for the building of housing units emphasizing the distribution of these loans in accordance with quotas assigned to the provinces on the basis of population distribution and adoption of the principle of transparency and fairness in the distribution 0

He called attention to the minister's General Authority for Customs and activating its in reducing smuggling crimes and increase the efficiency of workers
And Mr. Minister that during his visit to Najaf governorate on May 17 / agreed to grant citizens of the Rafidain Bank loan value (50) million dinars and Rasheed Bank loan to the value of (50) million dinars for the purpose of use in setting up small projects for citizens and instructed the Minister have experience above the other governorates 0

He invited Mr. Minister to the importance of documentation of information and the adoption of computers in archiving this information as a basis for financial work in the ministry said the ministry to provide all services in Baghdad and other governorates, with sophisticated computers to accomplish the above purpose

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

Vice President of the Parliament of Kurdistan refused to postpone the application of Article 140

(صوت العراق) - 20-05-2007

(Voice of Iraq) - 20-05-2007

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Vice President of the Parliament of Kurdistan refused to postpone the application of Article 140 of the Constitution
The Geman Saleh
Arbil - (Voices of Iraq)

The Deputy Chairman of Parliament of Kurdistan Kamal Kerkuki today, Sunday, the Kurdistan Parliament not to accept any postponement of the date of application of Article 140 of the normalization of the situation in Kirkuk end of this year.

"

He added Kerkuki told the News Agency (Voices of Iraq) Independent today on the sidelines of a meeting with Deputy House Speaker Iraqi Aref Taifour and his accompanying delegation that the representatives of the Kurdistan Alliance in the House, "There is no obstacle to the application of this article, arrivals are ready to return and the budget is e"
He added Kerkuki about the aim of this meeting that "we - the-one attitude and frank, the failure to accept delays in the application of article 140 in a timely end of this year."

"

He Kerkuki "There are some who say that property disputes need for more time to squads, and we do not accept this argument; Flistmer resolve these disputes concerning ownership and contract farming to complement resolved Fahda actions had nothing to do with the end of this year a referendum on the fate of Kirkuk."
"The Alkrkoki "We do not accept foreign intervention from any party in resolving the issue of Kirkuk, there is a mutually agreed upon by the Constitution, and we did not call for anything more than the implementation of the Constitution."
It is noteworthy that Article 140 of the Iraqi Constitution is Article special normalize the situation in Kirkuk, inhabited by various nationalities and religions of the Arabs, Kurds, Turkomen and Christians.

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P h

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MPs Dismiss Adoption of a draft bill to read current oil

(صوت العراق) - 20-05-2007

(Voice of Iraq) - 20-05-2007

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The Mundhir Hamad Zahi
Baghdad - (Voices of Iraq)

A draft bill raised new oil mixed reactions by the political blocs participating in the Iraqi government unlikely to be approved current format, which provides for the distribution of oil revenues to the provinces in accordance with the proportions of the population and opening the door to foreign investment.
"He said on behalf of Sheriff member of the House of Virtue Party News Agency (Voices of Iraq) alone "to continue the distribution of wealth and the powers of regions for oil exports were controversial points prevent the passage of the draft law."
"Sharif explained that "Iraq's oil production in 2006 was similar to what it was in 2002 during the implementation of the oil for food program of the United Nations in the wake of the first Gulf War."
"He added : "But the country is currently incurring heavy losses in this sector due to sabotage and oil smuggling and theft," adding that "revenue will be deposited as agreed earlier in a central account and distributed according to population."
The Member of Parliament "Adoption of the draft of a bill before Parliament oil from Iraq after making necessary adjustments major breakthrough in the political and economic transition in Iraq."
"For his part, explained Harith al-Ubaydi Member of Parliament told Accord Front (Voices of Iraq) to the front on the subject of numerous objections powers of provinces and the federal government approved a constitution must be some constitutional amendments to the terms of the Constitution formulated on the basis of a draft bill of oil. "

"

He said : "We are in front compatibility demand that the federal government wider powers of the regions, especially in the export of Iraqi oil."
He added that "suggestions that wants to give provinces the freedom of export and import of oil will find itself sooner or later that they were mistaken."
He pointed out that "meetings convened between the political blocs to try to agree on some controversial items," adding that "the political system in Iraq still young and needed more guidance and evaluation."
He ruled MP to be approved draft of oil in the next few days because of the size differences around.
Kurdish MP Mahmoud Othman said that the reason behind the delay of passage of a bill oil due to the "fog that accompany some of the paragraphs of the project's most important oil imports and the distribution and nature of the distribution mechanism."
He added Othman told (Voices of Iraq), "I think that the political blocs had not been discussed so far three supplements provided with the draft law so I ruled that the law recognizes oil in the near term."
The claim about Iraqi Accord Front expand the powers of the federal government and limit the import and export of oil within the purview of the federal government Kurdish MP said that there were fears the government of the Kurdistan region of these trends and ideas, which he described as "the country will revert to the era of dictatorship," adding that "the Kurdish people suffered from the central and exposure to the most severe types of torture because of it. "
However, Osman said at the same time the importance that the law is consistent with the terms of the constitution which was approved by the Iraqi people.
He explained that the American pressure exerted by the former American Ambassador Zalmay Khalilzad, the heads of the political blocs in order to expedite the submission of the draft law, which he described as came to American political interests.
"Osman criticized what he described as "the urgency in providing the draft without referring to the opinion and advice of experts that came to the oil filled Balhfouat draft."
Meanwhile enslaves an oil that is the oil for reading by the House of Representatives present.
"The expert, who requested anonymity, told in his (Voices of Iraq) that "the law is full Balhfouat which removed the need to be reading and extensive audit."
"He said that "with the announcement of a draft bill of oil and gas raised widespread controversy on several items of the draft and the most important power Territories government to exploit the wealth and the powers of the central government in the foreign investment and the distribution of proceeds The Saturate topic explanation."
The oil expert called the government to "reconsider the draft provided corroborative test and other governments and to hear the views of experts with jurisdiction."
He said : "I believe that the government started taking these steps, especially for President Jalal Talabani with Oil Minister Hussein Shahrastani."
"He added that "to reconsider the law was one of the most important recommendations of the Sharm el-Sheikh summit which was held in Cairo recently."

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Originally Posted by Offshore-Wealth.com

Interesting,

We had been waiting on this move, and it will indeed open the flood gates for others to follow, further devaluating the almighty dollar into oblivion. Sure are interesting times, but even if you still have faith in the dollar, don't be foolish and leave all your assets tied to only the dollar. There are more and more banks which will allow you to convert currency to whatever you prefer and bank it in the same manner as you would in U.S. I have banked in Euro for better than a year, and I am glad I did. Dollars continued slide and Euro's strength are reasons to closer evaluate your current situation.

Good luck and health to all, Mike

Mike are you saying that banks in the US will allow deposits of Euros?

Originally Posted by goldraker

If and when they pass the HCL. It will not affect the dinar in any way. Until they get all of their debts negotiated! So at the end of the day. We are doing a circle jerk, or chasing the tail round and round again!

Guess we all know what you're doing!

Sorry I don't kiss & tell!

They confirmed that talks with the central government aimed to unify visions

(صوت العراق) - 20-05-2007

(Voice of Iraq) - 20-05-2007

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Officials in Kurdistan : No disagreement on the oil and Kirkuk subject of the article (140)

Baghdad-up morning

Government sources denied in Kurdistan assignment implementation of Article 140 of the fate of Kirkuk to the SJC, while other sources confirmed that there were no differences between the territorial government and the central government on the oil and gas.

The head of the Office of the President of Iraq's Kurdistan region, Fuad Hussein that the discussions are still ongoing within the Commission amend the Constitution to force the application of Article 140 which provides for a referendum to determine the fate of Kirkuk. either stay under the control of the central government in Baghdad or accede to the Kurdistan region and make Kirkuk Hussein ruled autonomous regions, drawing attention to that

Contrary to the provisions of Article 140 of the Constitution, diminishing the importance of Arab attitudes and Turkmen reject the application of Article 140. He praised Hussein told Radio Sawa transfer of the territory to visit President Massoud Barzani to Europe, describing the visit Balenajah good, stressing that the province to support the Euro against any Turkish intervention in Kurdistan. it denied government sources in the Kurdistan region there any differences between the territorial government and the Iraqi government regarding certain issues relating to oil and natural wealth. He said natural sources in the territorial government Ahti seminar in a press statement


"The topic of shared natural wealth and the oil that had not been agreed upon so far does not mean there is disagreement between the parties," saying : "All that matters is that the government of Kurdistan region have their legitimate demands of the oil resources and enshrined in the Constitution."


The seminar : "The head of the territorial government Nigervan Barzani will attend all meetings and discussions to be held between the two sides this week in Arbil," pointing out that "talks Irbil and Baghdad seeks to develop other formulas to be more realistic, serious and safeguard the rights of all parties.



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