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

مجنونIraq raises production rates Majnun oilfield

.Baghdad-East : According to press reports today, Sunday, that Alarakokta advanced to raise rates crude oil production in the field of "crazy" to 100 thousand barrels end of this year.
.The newspaper that the government workers in South Oil Company managed to rehabilitate and develop the "crazy" located north of Basra, including allowing higher rates Alantajafet of 60 thousand barrels at present to 100 thousand barrels end of this year.
".The sources added that the rehabilitation work included "expanding the station and installed new insulation prelude to the operation of a new field step end of this year."
.It is noteworthy that the "crazy" one of the giant oil fields in Iraq and located on the Iraqi-Iranian border
Translated version of http://www.alsharqiya.com/display.asp?fname=aboutus%5C2006%5C008.txt&storyti

Baghdad press: Wider cabinet reshuffle in upcoming stages
By Hamid al-Hamrani
Baghdad, May 13, (VOI) – Iraqi newspapers on Sunday said a wider cabinet reshuffle is expected in the coming period in an effort to improve the political and security situation in Iraq, adding that Iraqi President Jalal al-Talabani is expecting national reconciliation to take place soon.
Al-Mutamar, a daily newspaper issued by the Iraqi National Conference Party led by Ahmed al-Chalabi, quoted Ali al-Dabbagh, a spokesman for the Iraqi government, as saying "The current nominees for seven ministerial portfolios can be changed," with reference to the portfolios earlier vacated by the Sadrist bloc's six ministers, who resigned last month, and the resignation of former Minister of Justice Hashem al-Chalabi from the Iraqi National Slate.
Quoting Iraqi Minister of State Hassan al-Sari, the newspaper said "The issue of the cabinet reshuffle is thorny and complicated. It requires a great degree of understanding between Iraqi Prime Minister Nouri al-Maliki and political blocs."
In an opinion article on the mounting violence in Baghdad, Jamal al-Kharsan suggested moving Iraq's capital to another city. "In First World and some Third World countries decision makers establish cities in the manner of the capital to distribute roles and ease the pressure on the capital."
Al-Kharsan explained that the situation in Iraq is totally different, with Baghdad bearing an exceptional burden in the light of an administrative system and laws based on centralization.
The Shiite al-Bayyina al-Jadida, an offshoot of al-Bayyina newspaper, quoted Amir al-Tamimi, a member of the Arab League's Supreme Commission for National Reconciliation, as saying, "A large Iraqi political bloc that aims to rectify the political process and resolve the governing crisis will see the light of day in the next few days."
Commenting on the long-awaited cabinet reshuffle, the newspaper said that the Iraqi people have reached a state of despair because of the stumbling political process and the Iraqi government, which the newspaper said does not know how to respond to the challenges facing Iraqis.
Baghdad newspaper, the mouthpiece of former Iraqi Prime Minister Iyad Allawi's al-Wifaq movement, published a statement made by Allawi in which he stated, "We previously submitted a working paper to the U.S. administration, which was also examined by Arab leaders, suggesting the convening of a regional conference in Egypt."
On the front that the Iraqi National Slate is allegedly seeking to establish, the newspaper quoted Allawi, the leader of the slate, as saying, "The front we are talking about is inside and outside the parliament at the same time." Allawi called on Iraqi politicians of all colors to take part in the Iraqi national project.
Meanwhile, the Kurdish al-Taakhi newspaper quoted Iraqi President Jalal al-Talabani as asserting the government's determination to achieve real national reconciliation and unity within two weeks or a month. "It is an important step that will encourage all Iraqis to be involved in the political process and to isolate al-Qaeda," the newspaper wrote.
Discussing the formation of political blocs and fronts outside the government, al-Taakhi quoted MP Mahmoud Othman from the Kurdistan Alliance as indicating that forming a wide parliamentary bloc of moderate political parties is once again under discussion. "The United States is urging political blocs to form political groups in an attempt to find an early solution to the problems facing Iraq," Othman said.
Baghdad-Press :: Aswat al Iraq :: Aswat al Iraq

Higher demand for dollar in daily auction
By Dergham Mohammed Ali
Baghdad, May 13, (VOI) – Demand for the dollar was up in the Iraqi Central Bank’s daily auction on Sunday, reaching $77.335 million compared with $60.475 million on Thursday.
In its daily statement the bank said it had covered all bids, which included $10.275 million in cash and $67.060 million in foreign transfers, at an exchange rate of 1,262 dinars per dollar, one tick lower than Thursday.
Seventeen banks participated in Sunday's auction and offered to sell two million dollars. The Iraqi Central Bank bought the entire amount at 1,260 per Iraqi dinar.
Ali al-Yasseri, a trader at the auction, told VOI "the decline in today's exchange rate was reasonable but it was unexpected as today's session was the first of the week and usually the decline occurs later in the week."The Iraqi Central Bank runs a daily auction from Sunday to Thursday.
Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

Originally Posted by rev. dan frakes

this week on G M A Bush said that if congress will be patient he will have this war paid for by july , almost 400 billion. now , how do you think he will pay for it ? R.v then our tax money? hummmmmm just maybe.

revdan

Now this excites me! Did you actually hear him say this? Oh, I hope so!

If the mod's want to move this to another thread feel free.

Let's some time today and pray for the U.S. soldiers who are mssing and their Mothers, who today of all days will learn that their son or daughter is in the hands of the enemy.

Finance Minister meets with the Foreign Minister and discussed with him

() - 13-05-2007(Voice of Iraq) - 13-05-2007


ج القRepublic of Iraq
Cabinet-National Information Center

بيان صحفي / Press ReleaseA press / Press Release
ا7Sunday, 5-13-2007

جيةFinance Minister meets with the Foreign Minister and discussed with him the implementation of the investment budget for the Ministry of Foreign Affairs


.He met Finance Minister Baqer Jabr Al-Zubaydi with Hoshyar Zebari, the foreign minister, during the meeting which was attended by the ambassadors of Iraq in the Islamic Republic of Iran and the Republic Aljic discuss the issue of implementation of the investment budget for the districts of the Foreign Ministry and achievement rates executed.

.The Foreign Minister reviewed the most important steps taken by his ministry in the rehabilitation of Iraq's embassies abroad so that they can perform their vital tasks of this phase, which is experiencing a new Iraq.

.The Minister of Finance to support the Ministry of Finance to all ministries, especially the Ministry of Foreign Affairs, which reflects the rosy image of a democratic Iraq and to promote the democratic experiment of modern yet suffered long years of isolation from the international community and Arab stressing the need for the Ministry of Foreign Affairs of specialties own in the budget 2007
Translated version of http://www.sotaliraq.com/

Number of banks 17 -----
Auction price selling dinar / US $ 1262 -----
Auction price buying dinar / US $ 1260 -----
Amount sold at auction price (US $) 77.335.000 -----
Amount purchased at Auction price (US $) 2.000.000
Total offers for buying (US $) 77.335.000 -----
Total offers for selling (US $) 2.000.000 -----


Gooooooooooooooood Morning Rolclub


"The More They Take, The More We Make"
"Stay the Course, its the difference between Winners and whiners"


10.06 Trillion taken out and still the Party has not started


1. "1" Dinar rate change today, it was 1263, it is now 1262

2. A (net) worth of dinars, IQD - 95,072,770,000 pulled out of circulation today 5/13/07.

3. 17 banks participating today

4. 141st auction since the beginning of CBI's reval plan

5. 225 days into the CBI's reval plan. (Seven Months +)

6. 10,067,224,158,000 dinars pulled from circulation !!

6A. Conservative ESTIMATE of Dinars still in circulation or controlled by the CBI 6,932,775,842,000

7. "2,520,000,000" Dinars back into circulation today

8. 215 dinar change since Oct 1st (baseline was 1477) 14.556% increase in value of the dinar since beginning of reval plan (Approximatly Oct 1st).

9. 1 point reduction in the rate so far this week. Was at 1263 at the end of last week, 1262 so far this week.

10. 7 point drop in the month of May. Ended at 1269 in April, now stands at 1262
In January we saw a 2.49% drop in the rate.
In February we saw a .928% drop in the rate.
In March we saw a .546% drop in the rate.
In April we saw a .3142% drop in the rate

Originally Posted by rev. dan frakes

this week on G M A Bush said that if congress will be patient he will have this war paid for by july , almost 400 billion. now , how do you think he will pay for it ? R.v then our tax money? hummmmmm just maybe.

revdan

RevDan, that is a really huge statement!!! Did anyone else see or hear this??? I find it hard to believe that he would/could make such a statement public. This should be all over the news if it were made.

Originally Posted by pee wee

am i seeing this correctly? MENAFN - Middle East North Africa . Financial Network put in the dinar to usd value.

IMO the CBI website is the only true and correct value of the Dinar.

Talabani make a speech at the University of British KIMBERG gave President Jalal Talabani, amid great hospitality, yesterday, I addressed the large crowd of professors and students KIMBERG University in the United Kingdom. Talabani, the President reviewed the contents of the floor, stages struggle with his comrades and the struggle for their national rights of Kurdish people and the legitimate national. His Excellency and answered questions from the audience, which focused on developments in Iraq, and ways to deal with the situation in the country