Thread: Iraq/Dinar News. 09/05 to 01/14/07

: Al-Maliki : determined to confront the militias politically and militarily
Baghdad-a. P. B : Prime Minister Nuri al-Maliki in a statement the government's determination to tackle politically and militarily, the militias, pointing to the formation of a special committee in this regard. A statement issued Monday evening : The government is determined to confront the armed groups by all means political or military does not hesitate to strike at anyone who tries to disturb public security in the country and threaten civil peace. He added : that file is the militia of the key issues under consideration by the government of national unity paramount importance has been used military force against the militias outside the law in a number of governorates. He concluded : The formation of militias subject of the Special Committee and the ministerial committee charged with reforming the flaw in the security services are considered a practical step in the framework of efforts exerted by the government to deal with this serious phenomenon. Al-Maliki was said to the newspaper "USA Today" that he needed to have several months to start disarming the militias, which American officials considered the greatest threat to the security of his country, pointing to the formation of a committee to review politically and militarily in order to isolate and confront the militias, However, he stressed that it will take some time.

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oh my bro rang halifax today and they told him to ring back monday for a exchange rate as they still havent got one ummmmmmmm

Originally Posted by bigjase1

looking back i cant see this but on bbc radio 2 terry wogan said that there has been a curfew put in place in iraq has anyone heard this ????

what time was that program on? my friend in london wants to check it out.

Originally Posted by bigjase1

oh my bro rang halifax today and they told him to ring back monday for a exchange rate as they still havent got one ummmmmmmm

I just ordered online on Halifax and the order has gone through at a rate of 2,588.67900 to the pound. Picking it up tomorrow at my local branch.

the radio show was on at around 10am uk time i was in the doctors waiting room when i was on hope this helps

they tried ordering on line and it went through but they never got confirmation back they emailed them and asked if it had gone through this was yesterday they still have had no reply yet

Originally Posted by Adster

This all could go horribly wrong, Al-Sadr should have been taken out a long time ago........... He's got a short memory regarding all the countries that have helped Iraq, wanker. You also wonder who really is pulling the strings out there. Maliki needs Sadr to call off his henchmen, so how much grovelling and what will he offer if Sadr does this....

We need something major to happen by election time.......

It's not so much a short memory as it is a common saying there:

"The enemy of my enemy is my friend"

this is why the Anbar elders can now ask for help, as they have decided the insurgents are now the enemy, and it is what could have united the Sunnis and Shia against the coalition forces, except they seem to hate each other more.

As far as the earlier comment about just sitting quiet and the armed forces would leave, that's a cultural problem as well. You don't get any testosterone points (or personal satisfaction) in sitting on your thumbs as your family starves. Life is really simple when its kill or be killed, and people get addicted to the lifestyle - the adrenaline rushes, the brotherhood with your brothers-in-arms, and the power over the life of another. If Sadr tells the militias to lay off for awhile, it will be interesting to see if they do. The jobs to keep them busy/solve the problem aren't there yet.

To activate its role in the processes of reconstruction and development Baghdad Yasser incumbent Economic expert disclosed that the banking system in Iraq is suffering from deficiencies in the performance of its core functions, stressing the need for restructuring government banks.

He said Dr Maged fictitious expert at the Central Bank of Iraq in an interview with the (morning) On the role of banks in the economic reform : the fundamental task of restructuring the banks are improving their performance in order to provide banking services to the government, institutions and individuals in accordance with the requirements of the development of the economy. The picture also emphasized that the banking sector plays an important role in economic relations and international financial, it enjoys considerable international attention, He pointed out that the banking sector needing care and responsibility in the implementation of these transactions.

He said : Therefore, the main objective of the restructuring is to eliminate the problems of the banks to ensure the functioning of the domestic and international dealings. The tasks of restructuring main factors first. The existence of a genuine political will and clear and transparent for this process, There is a need for a restructuring process in a timely manner and the period of relative calm financial and banking activity. The second task in financial restructuring, which includes the commitment to the minimum capital for the banks. If the transition to broad international activity, it should increase the capital to contain higher levels of new capital as well as the revision in the credit portfolio and the improvement and development of management commitment and regulations, instructions and procedures. Dr.

Magid pointed to the need to ease the liabilities of banks and convert what could be converted into a capital increase, The restructuring of the requirements of the banking activity to reconsider the type of services provided and developed and implemented as soon as possible and strengthen internal controls and compliance monitoring and policy-making required in accordance with the Banking Act and the regulations of the Central Bank and the instruction of the Governing Council, as well as reducing operational costs and the use of modern means of providing banking services.

So counting nominal subject to review and specialized banks merged bank and one specializing in the development of industry and agriculture-related projects together. One of the requirements for restructuring government banks.

He called for the capital increase until a half billion dollars in order to be able to deal with the new tasks of the current stage of economic development and the exploitation of part of the oil resources allocated to this development, in order to develop the industrial and agricultural activities in small and medium-sized enterprises and to be a center for attracting foreign investments in collaboration with the implementation of these projects, even big ones.

He concluded by saying that the restructuring of banks requires action by a plan of action and thought seriously by all of them to these banks are in a state represented by the Ministry of Finance, as the sole owner of these banks and the Central Bank of Iraq as the supervisor of the banking activity and the more specialized in assessing these a activity and said : Without a combination of these bodies and to support the government it is impossible to complete the task of restructuring government banks drastically.

He pointed out that the restructuring will do the role of banks in the process of reconstruction and development.

A decline in demand for dollar purchase during the Central Bank auction
A decline in demand for dollar purchase during the Central Bank auction
19/10/2006
Source: Aswat Al Iraq


The demand for dollar purchase decreased last Monday during the second cession of the Iraqi Central Bank auction within this week, recording a demand amounted to 43 million 800 thousand dollars, down from yesterday which was 46 million dollars.

Purchase orders were divided between 18 million and 690 thousand dollars in cash and 25 million and 110 thousand dollars in the form of remittances to abroad, which the bank fully covered by a fixed rate of exchange for the third consecutive cession, at 1470 dinars to the dollar.
However, not any of the ten banks participating in the auction, offered to sell the dollar to the bank.

Translated by IRAQdirectory.com Team

about the Sunday Oct 19th, they prolly just looked at the November month, and saw that the third sunday was the 19, and told us that meaning the third sunday of October instead. Believe you me, if we saw their months, we'd make mistakes also.