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

Originally Posted by dinartank

Adster why are you choosing the caymans?? you ever been there?? Been there 2 times it was one of the stops on cruises ive took...Senor Frogs is a great bar...the hard rock cafe is nice over there. There is a bank on every corner and everywhere you look. Things are super expensive...but if were rich then gives a shiite. If your a diver there is some of the best scuba diving in the world there...if you cant scuba snorkeling is good there... the water there is a dark florecent blue but crystal cear. the beaches over there are ok seen and been to better...its like $13.00 for a corona and a pack of smokes on the beach...but who cares and gives a f..k when were rich. But i would love to go there and rent a house with a boat. So when i get back i can cook my own fish and lobster that i catch...Can you guy say HOUSE PARTY at my place
Sorry nemo that this isnt in the right section ..but nobody read or goes to the other ones

The Caymans came out on top of destinations to go. And it's a haven for offshore accounts.

14,000 U.S.-supplied weapons reportedly missing in Iraq - CNN.com




14,000 U.S.-supplied weapons reportedly missing in Iraq
POSTED: 10:22 a.m. EST, October 30, 2006
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WASHINGTON (AP) -- Thousands of weapons the United States has provided Iraqi security forces cannot be accounted for, and spare parts and repair manuals are unavailable for many others, a new report to Congress says.

The report, prepared at the request of the chairman of the Senate Armed Services Committee, Virginia Republican Sen. John Warner, also found that major challenges remain that put at risk the Defense Department's goal of strengthening Iraqi security forces by transferring all logistics operations to the defense ministry by the end of 2007.

A spokesman for Warner said the senator read the report over the weekend in preparation for a meeting Tuesday with Stuart W. Bowen Jr., the Special Inspector General for Iraq Reconstruction.

Warner, who requested the report in May, "believes it is essential that Congress and the American people continue to be kept informed by the inspector general on the equipping and logistical capabilities of the Iraqi army and security forces, since these represent an important component of overall readiness," said Warner spokesman John Ullyot.

The inspector general's office released its report Sunday in a series of three audits finding that:


Nearly one of every 25 weapons the military bought for Iraqi security forces is missing. Many others cannot be repaired because parts or technical manuals are lacking.



"Significant challenges remain that put at risk" the U.S. military's goal of strengthening Iraqi security forces by transferring all logistics operations to the defense ministry by the end of 2007.



"The unstable security environment in Iraq touches every aspect" of the Provincial Reconstruction Team program, in which U.S. government experts help Iraqis develop regional governmental institutions.

The Pentagon cannot account for 14,030 weapons -- almost 4 percent of the semiautomatic pistols, assault rifles, machine guns, rocket-propelled grenade launchers and other weapons it has been supplying to Iraq since the end of 2003.

The missing weapons will not be tracked easily: The Defense Department registered the serial numbers of only about 10,000 of the 370,251 weapons it provided -- less than 3 percent.

Missing from the Defense Department's inventory books were 13,180 semiautomatic pistols, 751 assault rifles and 99 machine guns.

The audit on logistics capabilities said there is a "significant risk" that the Iraqi interior ministry "will not be capable of assuming and sustaining logistics support for the Iraqi local and national police forces in the near term." That support includes equipment maintenance, transportation of people and gear and health resources for soldiers and police.

The audit on Provincial Reconstruction Teams said that, because of security issues, they "have varying degrees of ability to carry out their missions." Auditors reviewed nine teams and four satellite offices and found "4 were generally able, 4 were somewhat able, 3 were less able and 2 were generally unable" to accomplish their goals.

Copyright 2006 The Associated Press. All rights reserved.This material may not

Originally Posted by jsfletcher

Ok article V111 is something that IS in the cards, it's just another step in their country becoming a world partner right? The FIL already passed HCL soon, again just more steps to get them where THEY want to be. So other than all of us have bills, and want to go the rv party, what are we really worried about? Hell even if they didn't rv, once all the pieces are in place and the currency is on the FX it should rise rather quicly anyways. So again I ask...what is there to worry about?


we should already be celebrating

WHAT DO YOU THINK IVE BEEN DOIN????????????????????
WOooooooooooooooOOT WEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!

Originally Posted by AlwaysDreaming

10 / 30 / 2006 8:03:05 PM


Termination of the final document to the International Covenant with Iraq


Workshop Iraq and the United Nations the final draft of a document the International Covenant with Iraq, which will be put to the International Meeting to be held in Kuwait to sign the document. He said Deputy Prime Minister Barham Salih in a joint press conference held at the international organization's headquarters in Baghdad, the presence of a representative of the Secretary General of the United Nations, Ashraf Qazi, National Security Advisor Dr. Muwaffaq Rubaie after the meeting that he had been examined by the final draft will be signed by representatives of the countries participating in the International Covenant with a in Iraq, and representatives of international organizations - the International Monetary Fund and the World Bank - which will create suitable grounds for the transfer of the Iraqi economy to the ranks of the oil and enabling the government to meet the challenges of economic, political and security.
He explained that the International Covenant of Iraq will provide financial liquidity needed to finance investment projects and economic projects which contribute to building infrastructure projects and other services at a time when Iraq was unable to complete the lack of the necessary cash, pointing out that the funds paid by the signatories of the document pw Head free of any political conditions or economic or financial.

He said that the countries participating in the Covenant with Iraq expressed confidence the possibility of advancement of the Iraqi national economy at the earliest opportunity due to the availability of resources in terms of oil, agriculture, transport and tourism as well as a national working Iyad stating that Iraq after the signing of the document will climb a quantum leap in the economic field during the four o tsunamis.

And Dr. Barham Salih expressed the hope that the Delete sister States, which will participate in the conference, which will be held late this month in Kuwait, including Iraq's debts contribute to the opening of other areas of the Iraqi economy.


وکالة ال�رات العراقية للانباء

OIL LAW???

30 October 2006 (Al-Hayat)

The few days that preceded Eid Al-Fitr, were a suitable occasion to picture the difficult living situation of Iraqi people after the prices of all goods and services went sky high, which made Iraqis recall years, not long ago, thought to have been forgotten.

Transport wages, that doubled due to the rise in the prices of oil derivatives, have led to a situation can no longer citizens deal with its results because of the disproportionate daily income with the reality of the new prices and the repercussions of inflation, which is constantly increasing.

Citizen, Rifaat Sahib, a government employee, referred to the suffering of a large segment of his colleagues, by saying: "the suffering is real and unprecedented in the lives of people especially that the increase in the salaries of government employees is no longer effective because of the high levels of inflation ». He adds: "Those who shape the country's economic policy should take into account the conditions of the citizen, racked by inflation, in addition to the growing numbers of the poor".

Worker, Ali Fadhil, says he never thought "the Iraqi government, he voted for in the elections, would disappoint him and raise the prices of oil derivatives, which was the beginning of the deterioration of the people's living, especially after suffering from a lack of electricity, and made us, worry about the future". Fadhil says that the rise in the prices of oil derivatives "made life crises continue, even the salary increases, which included employees of the State were all eaten by the rise in the prices of fuels and the scarcity of electric current, unemployment and depression".

Mohammad Shakir, a transport company owner, says that the impact of increased fuel prices reached all sectors, especially the transport sector. He says that transportation is "the balance of trade activity, that whenever its prices are appropriate, the prices of goods will be lower. As we previously experienced, the citizen used to tour the markets and do his shopping at prices that suit everyone ».

Teacher, Jawad Mohammed, wonders: "how can I afford the expenses of my family, consisting of five members, and my salary does not exceed 200 thousand dinars? He adds: "in simple calculation, we need more than 100 thousand dinars per month for transport fares, me and my two sons, the students".

SOUNDS LIKE THE PEOPLE ARE GETTING VERRRRRY TIRED OF THE SLOWWWW PROGRESS BEING MADE!!

Cheers!
DayDream

I don't know if this was posted, if so I'll delete it


UN officials explain aims of Int''l Compact with Iraq

ECO-KUWAIT-IRAQ-ICI
UN officials explain aims of Int'l Compact with Iraq

By Mohammad Al-Enezi and Ali Al-Hamad (with photos) KUWAIT, Oct 30 (KUNA) -- The preparatory meetings of the International Compact with Iraq (ICI) were aimed at reintegrating this nation into the international community and Arab World, said a UN official on Monday.
[B]The compact's fifth and final preparatory meeting would take place in Kuwait on Tuesday.[/B]
Speaking to KUNA, Spokesman for the UN Assistance Mission for Iraq (UNAMI) Said Ariakt explained "This meeting seeks to reintegrate Iraq into the international community and into the neighborhood," adding "It is very logical that it does take place in Kuwait" because it has have much deeply rooted history with Iraq.
He said as an agreement, ICI would serve as a partnership between the international community and Iraq that would commit "itself to good governance, introducing good security forces, provide its public with the services they need and Iraq's future can be bright. They really have to overcome the present adversity." He noted that the nature of assistance that would be extended to Iraq would be different from other developing nations because "it is rich in resources, rich in oil, rich in its human resources. There is a group of Iraqi society that is well equipped, skilled labor and well educated to handle the elements Iraq's people require." "So in that sense, investing in Iraq is a good measure. A good measure by the international community and it is a good measure by neighboring countries, " he added.
While saying tomorrow's meeting was part of preliminary steps, he believed that ICI's actual "launching will see to it that these steps can actually be measurable in the real sense because it is in the best interest of the region and world community that Iraq is back on its feet." He said Iraq would receive economic and financial aid to achieve stability, but if the situation worsens, Iraq's problems might spill to neighboring nations and that would not serve the region.

As for coordination between the ICI's members, he said involved nations have formed a committee assigned with handling technical aspects under the UN auspices.

He noted that the meeting would not discuss Iraq's debt to other nations, and some countries, such as Kuwait, have displayed some goodwill in this regard, noting that it was in Kuwait's interest to lower these debts without selling itself short.
Tomorrow's meeting would be the final step to formally launch the compact by the end of 2006 and all sides have insisted on devising practical steps for implementation, he noted.
The UN was dealing with all Iraqi factions and has presented political, humanitarian, medical and reconstruction aid, he added.

As for the amount of aid that would be extended to Iraq, he said such a matter would be determined by the Iraqi government, UN and technical teams.

Regarding ICI's five-year mandate from 2006-2011, he said "It might take less or more and so on. But I think a five-year period is a very realistic timetable," noting that the compact's strategy was aimed at focisung funds on practical steps without getting carried away with mechanics.

ICI's preparatory group included the UN, US, UK, United Arab Emirates (UAE), Kuwait, World Bank, International Monetary Fund (IMF), European Union (EU), Arab development funds, Islamic Development Bank (IDB), France, Germany, Italy, Japan, Saudi Arabia, South Korea and Spain. (end)

Originally Posted by Dinar Duchess

Just to save 40% capital gains tax would suit me even better

You're right about that DD

I'm still seriously considering the Isle of Man (NO CGT ), I just need a passport to be able to open a bank account there.

Originally Posted by DayDream

Just curious but...what do these transfers tell us?

Cheers!
DayDream

that they are selling dollars abroad in exchange for foreign currencies to enhance their reserves.

Originally Posted by Adster

Article V111 + Enacted FIL= Fully convertibility currency = Reval = Forex and world markets = Dinar parties for us.

That's the kind of "Fuzzy Math" I like to see!!!

On Thursday in Paris. The meeting between Presidents Chirac and Talabani
(Voice of Iraq) - 10-31-2006 | This issue was sent to a friend

Paris / AFP
The Elysee Palace announced yesterday, Monday, French President Jacques Chirac will meet President Jalal Talabani next Thursday during his official visit to France.
This is the second visit by a president of France Iraqis since the fall of Saddam's regime in 2003.
According to the sources asked not to reveal the identity Talabani will arrive Wednesday evening to France, accompanied by four ministers and will remain there until Saturday. Talabani also will meet during his visit to France, Foreign Minister Philippe Douste Blazy.
Long