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

(Voice of Iraq) - 10-20-2006 | This issue was sent to a friend

The integrity verification with the former minister of transport and a number of officials in the waste of public funds
Baghdad-Al-Hayat leadership-20 / 10 / 06 / /

The body of the supreme national integrity in Iraq orders investigation with a number of officials on charges of waste public money. Among the former minister of transport and peace-Maliki Under the Ministry of State for National Security Affairs Aqeel Karim yellow, the Director-General of the Ministry of Ghazwan Qais Khayrallah, diethyl Colonel Mohammed Rashad, Under the Ministry of the Interior for administrative affairs, Adnan Asadi, in addition to officials in the eradication of the Baath are : Karim Kamel (director general of the body) and Khaled came to (general manager oversight and scrutiny) and Fadhel Kadhim (Director of Culture and Information).

The Minister of State for National Security Absiravan Alowaeli told «life» issuing orders to the integrity of the investigation with yellow and two of the Secretariat of the Council of Ministers «One was an accountant (Khayrallah) and the other was a former officer (Rashad) on the background of their relationship, the issue of compensation paid to the families of Sadr City, against disarmed in 2004 during the government of Iyad Allawi ».

Alowaeli said that in the case «imbalance in the payment receipts or receipts and delivery of weapons to the other hand, They entrust their particular fields during the first transitional government », He pointed out that «under investigation with Safar and his colleagues, as the (yellow), which had staff in the Ministry of State for the ages ».

He concluded that «Alowaeli is not up to the stage of financial corruption, It had nothing to do with the Ministry of State for National Security ».

He said the Faisal Al-Alami, Executive Director General of the Higher Committee for the eradication of the Baath «life» «employees that the body referred to have not been brought to the criminal court and that a report arrived in the integrity refers to the irregularities and demanded investigation».

He explained that the integrity «demanded the chopping up an internal investigation with the full-Karim, General Director of the Authority, Khalid came. Director General of oversight and scrutiny, Fadhel Kadhim, Director General of Culture and Information, against the backdrop received reports indicating violations committed by those »(declined to reveal the contents of these reports and the type of irregularities referred to the information (the fair) results.

He said Sheikh Ziauddin hospitality, a member of the Integrity Commission in the House of Representatives told the «life» «integrity» «demands the submission of documents and evidence of the involvement of officials mentioned», He pointed out that «open separate investigations with those not proven to have been involved, The topic was still in the phase of the investigation did not take measures after ».

So, »« denied integrity issued arrest warrants against Al-Maliki, yellow and Assadi, or transmission of any official in uprooting the Baath to the Penal Court. He said the carp told «life» «The Commission has issued arrest warrants for them in the event of investigations with them. These investigations confidential and were not receiving the results ».

Sotaliraq.com

Another BAD translation but VERY interesting.

Preparation morning :
The concept of inflation :
The concept of inflation, according to the proposals of different economic schools, school classical indicate that the price is determined by the free interaction between supply and demand of goods and services, Sometimes equivalence (Fisher) for example, summarized the fact that the general level of prices equal to the quantity of money in circulation.

Then came (Cambridge) breakfast classical theory by saying : "The movement of prices or inflation rate commensurate directly proportional to the quantity of money, and in inverse proportion to the volume of production and the rate of demand for money
The school justified
Imagine that inflation will increase effective demand on the available supply of goods and services, including leads to a rise in prices. Thus, according to this school, the inflation linked to changes in the quantity of money, In the interest rates. At the operational level in the production of any country.
The school of Marxism
Emphasized this school to identify the movement of prices of goods and services, that is the high cost of production of goods and services leading to inflation. He was welcomed capital owners always to raise profits by raising prices Maedi to inflation. In light of these arguments appears that inflation is growing rise in the prices of goods and services, whether this increase is caused by an increase in the amount of cash, it is the largest of the volume of goods available, or vice versa to be the result of any increase in production in excess of the aggregate demand, or because of the high costs of production, as well as the nutritious to inflationary expectations. But it is not easy to determine when the price rises stagflation. It can be said that there is inflation when prices of local (national) faster than the rise in international prices in this case to facilitate exports and curb imports and feared eventually be depleted reserves State has turned into a city.
Features of the phenomenon of inflation :
The most prominent feature of the phenomenon of inflation are :
1- It is a product of economic factors multinational, may be conflicting with each other, Inflation is a complex and multi-dimensional vehicle at the same time.
2 ـas they result from the disruption of relations between the price the price of goods and services of the hand and between the prices of factors of production (level of profits, wages and the cost of the product) on the other hand.
3 ـ as it means a decrease in the value of the currency against the prices of goods and services, , which is expressed in "the low purchasing power." Community consumption
Community inflation
You can not interpret inflation as higher prices, but it is part of the heart of the economic crisis Abalmihalrahnh, and the crises that Emerbha each country, the reason that unemployment and the housing crisis and the rise in transport fares, The decline in agricultural yields and disasters, sabotage and smuggling wars and the fall in the price of local currency in the currency markets, , stunted growth and a slower pace, and instability and corruption.
The broad trend towards consumption, the video led to the creation of a society of consumption, community inflation, which is also tied to one another. This is the link for many reasons, including :
The first reason : It is the most technical reasons, but it is not the most serious. Inflation makes economic calculation disturbed, the conditions of this account to retain the elements that the focus of their value over time, But the community is moving to change, adding that include, relative value gradually.
It takes inflation acceleration is directly proportional to the volume of consumption, this growing imbalance in the account would generate a vicious inflationary on the grounds that the projects will risk the long-term operations growing major profit margins high, not only. The findings a new source of inflation, However, the most serious result of the deviation in inflationary economic calculation is that it leads to the absence of long-term projects Inflation promote a rapid transit projects at the expense of long-term projects.
The second reason : inflation reduces the savings market run, Valtovir is a necessary condition for the growth of investments or the General Alajtmaihao maturity of long-term economic, It is on the decrease today, while the conversion of investment savings run. Other fuels is the inflationary cycle, It encourages investments economic maturity term, So give priority economic efficiency for the production of consumer goods. Worse is in the production of poor-quality goods to the rapid consumption, Thus Inflation in the continuation and escalation.
The third reason : that makes a society of consumption (the inflation) is that inflation in the economy feeds Maitalk control, This control makes the community dreamed it could encourage the equipment at the expense of the General Welfare few important things that Tpheralandar, But the truth is the opposite of the dream projects is dominant with the possibility of selling their goods at a higher price than the cost of production through persuasion psychological and ideological climate year. Which echoes the nature of society, Thanks to the fact that inflation provides consumers Bsiolat enough to continue in spite of the high purchase prices and trends that play in the creation of a society of consumption in taste and the appetite for consumption, Thus manipulation totally request either the price system no longer reflects only the divorce rates faded force behind the dominant ideology, Despite all the warnings from the evils of consumption .Keep the consumer based society is the loser and the owners of capital are the gainers.
Types of inflation
There are many types of inflation, the most prominent are :
1 ـOne regular inflation : when the increase in population increasingly needs, oblige the State to finance part of the public expenditure through the issuance of money Blaguetae, This leads to high prices. This kind of inflation experienced by the vast majority of States, therefore States planned to family planning and birth.
2 ـTwo inflation attract demand : It occurs when prices rise as a result of large surplus in the total demand compared to the total offer "local and imported" This may be temporarily may continue. Games such as high prices and some foodstuffs in the holidays or on some occasions, (the beginning of the season) or the tourist and summer season, In these cases, the increased spending do not represent an increase in real production extent that the result of the price increase.
Creeping inflation : inflation is unusual, but it occurs during the decline in production, They start the prices of goods and services to rise Maikhalk fears among consumers from high prices continued, resorted to the purchase of goods and services more than needed, and dispose of the money, includes creeping inflation, and that leads to curb growth.
Hyperinflation : usually this happens kind of inflation in the early recovery phase or stage of transition from one economic system to another, or in the post-war periods, that is, this kind of inflation, the worst kind of inflation, as people lose confidence in the system based economic example of this was what happened in Germany after the First World War, as well as 500 prices doubled what happened in Iraq after the wars, Al_hussaralthi and impose it as a decline in the value of the Iraqi dinar rate of three dollars to the American dollar is equal to more than 200 thousand Iraqi dinars.
What is the Iraqi economy today is in the stage of transition to a market economy of rising inflation rates on a large and steady decline of the currency's value against the prices of goods and services.
Repressed inflation : often shows this kind of inflation in the countries that take oriented economy, where a State makes money without the cover of view of public expenditure of the state, This led to a rise in prices due to the increasing demand on the supply because of the abundance of money, State are used to intervene to control prices by setting quotas of goods and services to everyone. The State thus suppressed (restricted) transformation of the larger gap between the demand and supply least, This Maedi to the emergence of black markets.
Imported inflation : when the rise in the prices of imported goods for any reason to withdraw this increase, mostly on domestic goods, Maether is a clear indication of the low-income, now demanding increased wages and salaries.

Inflation Alerkodi : in periods of recession, a decline in the demand effective, a low level of operation of the productive apparatus is increasing unemployment rates, and if there is a monopoly or dominant position fully, no one can monopolize force companies to reduce the prices of their goods and services in the event of recession, Maedi to the high prices with high rates of unemployment.
The effects of inflation:
One of the most prominent effects of inflation :
Redistribution of income in favor of employers, In favor of the owners on fixed incomes. =Staff and workers.
The impact on the middle-class and the People where eroded the real value of their assets. while increasing the asset value of the upper layers, increasing gap between rich and poor.
Leads to a distortion of the price structure, and to the rise in export prices.
Also lead to disturbances bourse. and the increasing budget deficit and balance of payments imbalance.
The industry is Almahlihali severe competition because of imported products.
And lead to the disruption of energy, an increase in unemployment and a declining standard of living.
The inflation leads to abandon the national currency Awalljoe to foreign currency more stable in value, This is reflected on the deterioration of the exchange rate of the national currency.
Fighting inflation
here are procedures to combat inflation. particularly in the developed countries, implement procedures in the financial and monetary policies, , which identify the sources of income and use the excess in the budget and work to reduce the volume of liquidity available and higher taxes on luxury goods and other austerity measures. With the central banks monetary policy, the adoption of a set of qualitative and quantitative tools (see the Central Bank's role in reducing the production article in this issue).
Ending inflation
And there are attempts to put an end to persistent inflation, but we have to look at the problems it creates. Vanhaeh one stroke. if he had not sensed it before, may cause financial losses and extensive, and long-term contracts had been contracted around certain expectations for inflation, also affecting large numbers of people who have been affected first by inflation advance, and once again Itdron end inflation once.
To reduce inflation gradually facilitate the transitional period, It also reduces the cost and terms of a real growth without inflation.
However, much of this process depends on the percentage of high inflation, If inflation was very high, the situation is very difficult (for example the current situation in Iraq), all participants in the market had abandoned the arrangements so that they have taken into account all the changes.
The sudden demise of inflation will impose a heavy ago, because financial institutions and others, have species with any sharp changes in the rate of inflation. and it seems that such harmony is expensive as a result of high inflation and changing. The gradual elimination, in some cases, not meaningful, because of a lack of sufficient time, Here Milton beat Fred Mann example, says "Provided the dog before her term may be a few spare Angat)
That direct control on prices whether general or specific. any rent or currency exchange rates, must be an end in the case, For example Markeret Thatcher, the former British Prime Minister, put an end to fully control the exchange of currencies in the case.
The gradual acclimatization would only prolong the injury, inflict control, profits and give gratuitous deal with those who are "from the inside). The lack of supplies and long lines and other distortions that come from attempts to keep the price below the market price. will continue, although it will go down, The place additional problems arise, because the gradient encourages speculation and encourages adversaries to seek to return the situation to McCann it. .A similar situation applies to attempts to maintain the price rates on market prices as clearly indicated in the agricultural policies of the United States, Japan and the European Common Market.


Cheers!
DayDream

I cant get onto CBI site.
its down again.
i tried twice.

Originally Posted by garthstar

I cant get onto CBI site.
its down again.
i tried twice.

it's been down for 3 days

Originally Posted by AlwaysDreaming

This is who I purchased my first dinars from. It's Dinarinfo. Is he a member here?
The seller is Dinarinfo

I have had 4 or 5 conversations with this man' He is reliable and I believe a good man. He figures early next year as he said earlier in this post and to me over the phone more than a month ago. This family sells a lot of dinar in the hopes, in my opinion of making a lot of people(Americans and Canucks) well off and helping the average Iraq. They do a fine job of making sure you get what you order.

The CBI site is down AGAIN? When did it come back up from the first down?

Originally Posted by ccgideon

The CBI site is down AGAIN? When did it come back up from the first down?

Again...it never came back up.....we are on the verge of something big....

Originally Posted by garthstar

I cant get onto CBI site.
its down again.
i tried twice.

You can tell Garth is not reading.

Originally Posted by jsfletcher

it's been down for 3 days

Thanks Jsfletcher for being nice.

Originally Posted by ccgideon

The CBI site is down AGAIN? When did it come back up from the first down?

Well looky looky. My gal is not reading nether. No ccg, it has not come back as of yet.

Jokes on you Sonny boy...I was speaking tongue in cheek.

Iraq hopes to complete field contracts by 2008
Published: 10/20/2006 12:00 AM (UAE)

Reuters



Melbourne: Iraq hopes to complete a first round of contracts for oilfield development by the end of next year, Oil Minister Hussain Al Shahristani told Reuters yesterday.

He said Iraq, which holds the world's third-largest oil reserves, expected to start talks with international companies on oilfield development by the end of this year, once a draft hydrocarbon law was passed by parliament.

"It is difficult really to specify any time for these negotiations, but overall we expect to start discussions by the beginning of 2007 and most of the first round of contracts should be signed during that year," he said.
The draft law is currently before a cabinet energy committee.

"Many oil companies have already told us that they are willing to come and start discussions on possible means of co-operation even before the law is enacted," said Al Shahristani, who is in Australia for talks with ministers.
"We plan to do so after we prepare an oil policy, where we state which fields will be available for development first, and what kind of arrangements Iraq is interested in, defining the kind of contracts and terms that best serve Iraq's national interest."

Al Shahristani said there would be no special considerations for any specific companies, with revenues and economics to be key.

"Balanced regional development will also be considered very important as we want our oil to be a unifying force for the whole country," he said.

Gulfnews: Iraq hopes to complete field contracts by 2008