Thread: Iraq/Dinar Until June 9th 1PM CST

Originally Posted by bultn

As far as I can see, CBI on Abu Dhabi Securities Market website stands for Commercial Bank International.

Thanks for the correction...looks like it's attracted a frenzy elsewhere...!

Parliament Kurdstan hosts Prime Minister and the Minister for areas outside the region to discuss the stages of the implementation of Article 140
PUKmedia فؤاد عثمان/ اربيل: 22:32:10 2007-06-04PUKmedia Fouad Othman / Irbil : 22:32:10 2007-06-04

.In order to discuss the implementation stages of Article 140 of the Iraqi Constitution, Parliament held its Corstan 22 of the second session chaired by Mr. Adnan Mufti, the Speaker of Parliament and the presence of Messrs. Najirfan Barzani, head of the government of the territory, Dr. Kurdstan. Mohammed Ihsan, Minister for areas outside the Territory is a member of the Committee on the implementation of Article 140, where allocated meeting to discuss the stages of the implementation of Article 140 of the normalization of the situation in areas of Kirkuk and regions withheld from Kurdstan.

في .At the beginning of the meeting, Dr. Mohammed Ihsan, Minister for areas outside the region on the transformations that have taken place in the course of the implementation of Article 140 and said : in the latest report submitted to Parliament Kurdstan I indicated that we are issuing four special resolutions First Arabs arrivals, The second was special displaced and the other was a special agricultural contracts either of the latter resolution was separated politicians.

.His Hassan said : mechanism has been put in order the return of all the Arabs to their places of arrivals and transfer cards Altmonet Incommunicable To those not in the statistics, nor in the referendum as a mechanism, and so far has been distributing a large number of forms in the offices of the arrivals Sinjar and Kirkuk and Khanaqin, As to the arrivals have been distributed more than 150 forms at those offices, and we Pantiar complete all procedures in order to start in the incoming Arab voluntarily after receipt of 20 million dinars, a plot of land.

وحول الوافدين.Regarding agricultural contracts said Mohammed Ihsan : Located in Kirkuk 5677 contract agriculturally clinched during the rule of the former regime, including (1800000) dunums of agricultural land belonging to the response and Turkmen were unjustly Akhtsabha these contracts were signed before the Arabs arrived. وهذه.These contracts require the signature of the Minister of Agriculture Iraqi order cancellation.

اما .The area of Sinjar there are 400 agricultural holding where they affirmed these contracts in accordance with the policy of Arabization and forced displacements.

وحول .Regarding the referendum Ahsan said : We are in the negotiation stage with the Iraqi Ministry of Planning to develop a mechanism for conducting the census, and our goal in conducting the census is to count the numbers of those eligible to vote and participate in the referendum.

.He continued Ihsan saying : We have collected the sources of records in 1957, records the personal identity in all regions of Kurdstan cards Altmonet and contract farming of these areas.

:It then gave Mr. Najirfan Barzani, head of the territorial government of Kurdstan a speech in which he pointed to the results of his visit to Baghdad, the most important hubs, which was discussed with the Iraqi government, saying :

من .One of the most important topics discussed during my visit to Baghdad had been the subject of the distribution of Iraq's imports and oil wealth, and asked to deposit oil imports in a special fund, to allocate quota territory directly placed in the Territory so that the central government is not putting obstacles in the way of access of financial allocations to the territory Kurdstan.

.He said the government of the territory : the amounts of surplus oil revenues not received by the Iraqi government to the territorial government, and we ask that this law across the back of the amounts of surplus oil revenues to the territory of Kurdstan.

.A Barzani expressed optimism to resolve these problems because the Finance Minister and Prime Minister are working hard to resolve these issues.

.At the center of another recent Najirfan Mr. Barzani to be Agraha amendments to the Iraqi Constitution Permanent saying : was formed a special committee for this and we as a people Kurdstan accepted to be part of Iraq on the basis of the Constitution, which Astufti by a majority of the Iraqi people. .Stressing on the need to implement Article 140 on schedule, saying : "We will not accept any delay in the implementation of this article and offered suggestions to Prime Minister Nuri Kamal al-Maliki on the Chairman of the Article 140 of a great approval at the earliest.

.And on the question of Peshmargas Barzani said : "We have asked in a visit to Baghdad last Ptodha political and legal definition of Bischmaraka, for this purpose the House issued the Iraqi referee s decision in the context of the Iraqi defense system and the budget must be within the budget expenditures that have been developed for the Iraqi governorates, Therefore, no purpose of the Committee in the Ministry of Peshmargas continue to meet the problem of the Iraqi government in Baghdad with a representative of the multinational forces, and these committees reached the final stages on how to define the Peshmargas.

في.At the end of his presentation head of government territory Kurdstan proposal to Parliament to ensure the formation of Kurdstan 4 committees and the oil and gas and the Commission on Article 140 and the water and dams and the territory under the authority of Iraq in order to study the amendments which were proposed on the Iraqi constitution and determine the parliament and the government of the territory around Kurdstan.

من .Members of Parliament then discussed these places with the President of the government of the Kurdstan They have many questions answered by the head of the territorial government Najirfan Mr. Barzani.

.At the end of the presentation of the Speaker's proposal the prime minister to members of the vote and was approved unanimously.

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

ICEM Supports IFOU in Today’s Oil Industry Strike in Basra
Submitted by davidswanson on Tue, 2007-06-05 10:24. Nonviolent Resistance
Posted on the International Federation of Chemical, Energy, Mine and General Workers' Unions website (icem.org)...

At 6:30 AM this morning, 4 June 2007, oil workers struck the pipeline company in Basra, Iraq, bringing an immediate stop to the free flow of oil products, including kerosene an gas through pipe number 42.

The pipe transfers oil and gas to Baghdad and the governorates of the central region of the country. The workers are members of the Iraqi Federation of Oil Unions (IFOU).

The IFOU, previously known as the GUOE-Basra, and led by President Hassan Jumaa Awad Alasady, has over 26,000 members throughout the ten state oil companies operating in the south of Iraq. The union has a past history of strike action in defense of its members, and the oil industry as a whole of southern Iraq.

The ICEM, the global union federation of national energy unions throughout the world, supports the IFOU in their strike action today.

Earlier strike calls in May were postponed after the union gained a meeting with Iraqi Prime Minister Nouri Al-Maliki. That meeting, on 16 May, resulted in the creation of
a committee tasked with working on finding solutions acceptable to both sides. The ICEM understands that although several of the union demands have been fully agreed to by Iraqi authorities, the IFOU is still far from having all their demands fulfilled. This is what led to today’s strike.

The union is currently focussing on two core demands in its strike at the pipeline company:

• They demand that the Oil Ministry take action to force the general manager of the pipeline company to resign; and
• They demand that the company be financially and administratively independent from the Baghdad-based central ministry, and that the pipeline company be managed locally.

ICEM is informed that the reason for the first demand, and the catalyst for today’s action, is that the general manger of the pipeline company, Adel Aziz, who is based in Baghdad rather than in Basra, blocked the orders of Prime Minister Nouri Al-Mailiki to release delayed benefits due workers. Moreover, he stopped a Iraqi Dinar (IQD)50,000 allowance which the workers are regularly entitled to.

The background is available here.

A second phase of the strike has been threatened to begin tomorrow morning, again at 6.30 AM, in the event the IFOU does not receive signs signalling compliance with their demands. The second phase would expand the strike by closing pipeline number 48, which feeds the southern governorates with oil products.

ICEM, together with the International Trade Union Confederation (ITUC), US Solidarity Center, and the UK’s Trades Union Congress (TUC) of the UK is following developments closely, and will keep trade union affiliates and the public fully informed on developments in this key dispute.

I just don't get this, why do this, it only delays or causes their suffering to continue economically

ICEM Supports IFOU in Today’s Oil Industry Strike in Basra | AfterDowningStreet.org

President Talabani optimistic steps trend sternum and dialogue with gunmen
المصدر: الصباح Source : Sabah
05 / 06 / 07
".Sources Iraqi and American proximity to issue a general amnesty covering gunmen. It is possible that this part of the amnesty six principles works Prime Minister Nuri al-Maliki applied for the draft to strengthen national reconciliation, according to a high-ranking source in a special interview to "Assabah". ع. Sheikh Sami Azarh Putty member of the reconciliation and dialogue : said that the draft reconciliation was expanding, especially with the growing desire to engage in this project.


.He added that Mr. al-Maliki Putty currently applied the principle of openness to new forces, pointing out that he started a six principles apply to promote reconciliation and dialogue. .He explained that a member of the principles are : a compromise solution acceptable to all parties on the controversial points in the constitution and absorb the militias and to reconsider the structure of the Ministries of Defense and Interior addition to the absorption of the armed factions, which calls itself the (resistance) and isolate terrorist groups to eliminate them, as well as giving the role of clans and families of the cities to restore immigrants and expel terrorists from their areas. م.So Hassan said Sunaid deputy bloc United Iraqi Alliance : The government is laying the foundations of the draft general amnesty. وأوضح".Sunaid explained in a press statement that "a general amnesty, which it is hoped that a government is part of its program, and comes within the framework of the national reconciliation plan, in the manner that will ensure the return of criminals, for committing the offense again, but excluding the intent of returning to commit crimes against civilians." ".Sunaid added that "the government adopts strategic include the formation of new political class and a new national believers from the political process, a process of genuine national reconciliation and dialogue with the armed groups which intend to enter the political process again." , He pointed out that this strategic outlook also includes "a cabinet reshuffle includes service ministries which have direct contact with citizens, The amended plan and activate the security of Baghdad (a law) and establish diplomatic relations with regional states to urge them to their commitments towards Iraq, including the support of the United National Security and control its borders with Iraq and to support the political process in Iraq. " في.In the meantime hinted in Iraq, American Ambassador Ryan Crocker in the press interview to discuss the possibility of an amnesty for armed men (rebels) in the former Iraq. .Crocker said the station "Fox News" American television : in the political reconciliation process under the amnesty can be very important. , And added : can also be important in this context sector, which seek to keep the bulk of persons from the conflict against us in order to fight together is a common enemy rule. ".The President Jalal Talabani yesterday that the government negotiate individuals calling itself the "national resistance", showing his readiness to grant them amnesty. He continued in an interview to the "ABC" American television : That would leave only Qaeda terrorist group and would be easy to eradicate. " in the meantime, member of the Constitution Drafting Committee in the House Abbas Bayati : The political forces are trying to reach a contract settlement three controversial President reflected on the reality of national reconciliation and political process. He added Bayati said in press statements made yesterday : that this contract will require concessions from the major political blocs. , pointing out that "the contract is a question of the three dismissed and require concessions from the coalition bloc There knots law and the distribution of oil wealth and require concessions from the Accord Front, as well as the issue of Kirkuk held there and require concessions from the Kurdistan Alliance." The deputy said the coalition : The coming days will witness interviews and intensive meetings in order to find solutions to this contract, which has an influence in the constitutional review, the political process and national reconciliation ". pointing out that "this mutual concessions basis for building a national understanding of the leadership of the country during this critical phase and to open the way for the Iraqi people to see the light at the end of the tunnel."
ÔÈßÉ ÇáÒæÑÇÁ ÇáÃÚáÇãíÉ - ÇáÑÆíÓ ÇáØÇáÈÇäí ãÊÝÇÆá ÈÎØæÇÊ ÇáÊíÇÑ ÇáÕÏÑí æÇáÍæÇÑ ãÚ ÇáãÓáÍíä

Originally Posted by Raditz

Announcement No.(939)

D.G. of Foreign Exchange Control

The 939 daily currency auction was held in the Central Bank of Iraq day Tuesday 2007/6/5 so the results were as follows :

Details NotesNumber of banks20-----
Auction price selling dinar / US $1260-----
Auction price buying dinar / US $----------
Amount sold at auction price (US $)77.865.000-----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $)77.865.000-----
Total offers for selling (US $)----------

WOW, What a surprise, nearly fell off my chair - 1260.....!!!

Originally Posted by roycepsam

WOW, What a surprise, nearly fell off my chair - 1260.....!!!

I'm about to fall asleep in my chair! It's always 1260!
I know that was what the budget was proposed on, but is this rate ever going to move again or will it stay like this until the R/V?

This is poking a hole in the slow growth theory.

Clearly we are in a short holding pattern....Yesterday we read the HCL is only weeks away and they must RV before the HCL is passed or they will loose billions. We might be within days of our dream. Don't let them wear you out. But I agree there was never a slow growth plan, perhaps an adjustment period to counter inflation or to demonstrate to the IMF the ability to counter inflation, but never a slow growth scenario.

Originally Posted by wciappetta

Clearly we are in a short holding pattern....Yesterday we read the HCL is only weeks away and they must RV before the HCL is passed or they will loose billions. We might be witin days of our dream. Don't let them wear you out.

Thanks for that wciappetta. Got me pumped again!

Originally Posted by Din Diesel

I'm about to fall asleep in my chair! It's always 1260!
I know that was what the budget was proposed on, but is this rate ever going to move again or will it stay like this until the R/V?

This is poking a hole in the slow growth theory.

It was 1259 yesterday! waaa. Maybe the CBI was upset that someone called Neno a bad name! . I know I want to see it move like way down. How about all the way above a dollar!

Originally Posted by rvalreadydang

Parliament Kurdstan hosts Prime Minister and the Minister for areas outside the region to discuss the stages of the implementation of Article 140
PUKmedia فؤاد عثمان/ اربيل: 22:32:10 2007-06-04PUKmedia Fouad Othman / Irbil : 22:32:10 2007-06-04

.In order to discuss the implementation stages of Article 140 of the Iraqi Constitution, Parliament held its Corstan 22 of the second session chaired by Mr. Adnan Mufti, the Speaker of Parliament and the presence of Messrs. Najirfan Barzani, head of the government of the territory, Dr. Kurdstan. Mohammed Ihsan, Minister for areas outside the Territory is a member of the Committee on the implementation of Article 140, where allocated meeting to discuss the stages of the implementation of Article 140 of the normalization of the situation in areas of Kirkuk and regions withheld from Kurdstan.

في .At the beginning of the meeting, Dr. Mohammed Ihsan, Minister for areas outside the region on the transformations that have taken place in the course of the implementation of Article 140 and said : in the latest report submitted to Parliament Kurdstan I indicated that we are issuing four special resolutions First Arabs arrivals, The second was special displaced and the other was a special agricultural contracts either of the latter resolution was separated politicians.

.His Hassan said : mechanism has been put in order the return of all the Arabs to their places of arrivals and transfer cards Altmonet Incommunicable To those not in the statistics, nor in the referendum as a mechanism, and so far has been distributing a large number of forms in the offices of the arrivals Sinjar and Kirkuk and Khanaqin, As to the arrivals have been distributed more than 150 forms at those offices, and we Pantiar complete all procedures in order to start in the incoming Arab voluntarily after receipt of 20 million dinars, a plot of land.

وحول الوافدين.Regarding agricultural contracts said Mohammed Ihsan : Located in Kirkuk 5677 contract agriculturally clinched during the rule of the former regime, including (1800000) dunums of agricultural land belonging to the response and Turkmen were unjustly Akhtsabha these contracts were signed before the Arabs arrived. وهذه.These contracts require the signature of the Minister of Agriculture Iraqi order cancellation.

اما .The area of Sinjar there are 400 agricultural holding where they affirmed these contracts in accordance with the policy of Arabization and forced displacements.

وحول .Regarding the referendum Ahsan said : We are in the negotiation stage with the Iraqi Ministry of Planning to develop a mechanism for conducting the census, and our goal in conducting the census is to count the numbers of those eligible to vote and participate in the referendum.

.He continued Ihsan saying : We have collected the sources of records in 1957, records the personal identity in all regions of Kurdstan cards Altmonet and contract farming of these areas.

:It then gave Mr. Najirfan Barzani, head of the territorial government of Kurdstan a speech in which he pointed to the results of his visit to Baghdad, the most important hubs, which was discussed with the Iraqi government, saying :

من .One of the most important topics discussed during my visit to Baghdad had been the subject of the distribution of Iraq's imports and oil wealth, and asked to deposit oil imports in a special fund, to allocate quota territory directly placed in the Territory so that the central government is not putting obstacles in the way of access of financial allocations to the territory Kurdstan.

.He said the government of the territory : the amounts of surplus oil revenues not received by the Iraqi government to the territorial government, and we ask that this law across the back of the amounts of surplus oil revenues to the territory of Kurdstan.

.A Barzani expressed optimism to resolve these problems because the Finance Minister and Prime Minister are working hard to resolve these issues.

.At the center of another recent Najirfan Mr. Barzani to be Agraha amendments to the Iraqi Constitution Permanent saying : was formed a special committee for this and we as a people Kurdstan accepted to be part of Iraq on the basis of the Constitution, which Astufti by a majority of the Iraqi people. .Stressing on the need to implement Article 140 on schedule, saying : "We will not accept any delay in the implementation of this article and offered suggestions to Prime Minister Nuri Kamal al-Maliki on the Chairman of the Article 140 of a great approval at the earliest.

.And on the question of Peshmargas Barzani said : "We have asked in a visit to Baghdad last Ptodha political and legal definition of Bischmaraka, for this purpose the House issued the Iraqi referee s decision in the context of the Iraqi defense system and the budget must be within the budget expenditures that have been developed for the Iraqi governorates, Therefore, no purpose of the Committee in the Ministry of Peshmargas continue to meet the problem of the Iraqi government in Baghdad with a representative of the multinational forces, and these committees reached the final stages on how to define the Peshmargas.

في.At the end of his presentation head of government territory Kurdstan proposal to Parliament to ensure the formation of Kurdstan 4 committees and the oil and gas and the Commission on Article 140 and the water and dams and the territory under the authority of Iraq in order to study the amendments which were proposed on the Iraqi constitution and determine the parliament and the government of the territory around Kurdstan.

من .Members of Parliament then discussed these places with the President of the government of the Kurdstan They have many questions answered by the head of the territorial government Najirfan Mr. Barzani.

.At the end of the presentation of the Speaker's proposal the prime minister to members of the vote and was approved unanimously.

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Translated version of PUKmedia :: Arabic - ÇáÕÝÍÉ ÇáÑÆíÓíÉ

So is it safe to say Article 140 is a done deal? Another hurdle cleared on the path to reval??