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

Originally Posted by CharmedPiper

The government also believes that merging Iraqi small banks into big banks is necessary. Baban said the government are looking forward to the initiatives of the private sector in all fields starting from basic services to infrastructure.
“No restrictions will be imposed,” he said.

:::- ARAB TIMES -:::

Could this perhaps have a positive effect on the existing bank stocks? I sure hope so.

concerning " October surprises " they are usually associated with democrats
ex j carter, casper weinberger indictment on the friday before the 92 election
and the disclosure of bush's drunk driving charge in 2000. not that i mind
a surprise for the right ( AND US )

Originally Posted by DayDream

I happened to come across a very unusual statement when I was searching for info on Article 8. This is on the IMF website under:

April 22, 2006 -- IMFC Statement by His Excellency Sultan Bin Nasser Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, The Socialist People's Libyan Arab Jamahiriya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 38Kb

INTERNATIONAL MONETARY FUND Exchange Rates and Trade Balance Adjustment in Emerging Market Economies Prepared by the Policy Development and Review Department In collaboration with the Research Department and in consultation with other Departments Approved by Mark Allen October 10, 2006 ..........................

13. The proposed new “supplemental surveillance consultation” in a multilateral format
is, in principle, a positive step towards increasing the attention to issues of systemic
importance. However, the proposal remains vague at this stage, and a number of issues
would need to be resolved regarding its implementation, including the format of reporting to
the Board and the IMFC. We look forward to a more detailed proposal in this area.

14. We agree that exchange rate surveillance needs to be strengthened and we welcome the intention to review the 1977 Surveillance Decision. However, we caution against undue focus on exchange rates at the expense of other policies. We agree to a broadening of the work of the Consultative Group on Exchange Rates (CGER) to include major emerging
markets’ currencies. However, given the market sensitivity of the information, especially for the latter, we strongly object to the publication of assessments of Equilibrium Exchange Rates. Informal Board discussions of these assessments could provide a venue for candid multilateral debates and for the dissemination of relevant information without risking an adverse impact on more vulnerable economies. Moreover, given the inherent methodological pitfalls in the analysis and referencing of equilibrium real exchange rates, and the often wide differences in the results of alternative models, these assessments should be interpreted with extreme caution.

Is this saying what I think it is saying... that mums the word on exchange rate discussions for EMERGING MARKETS? Notice that Iraq WAS INCLUDED in this article. Is this maybe why r/v info is few and far between?

Any thoughts? Or am I just being overly suspicious?

Full Article:
http://www.imf.org/External/spring/2...nt/eng/uae.pdf

Cheers!
DayDream

Two stood out immediately: Exchange Rate Parity for currencies of emerging makets like Iraq and SHHHHHHHHHHHHHHHHHHHHHHHHHh don't let the cat out of the bag.

Originally Posted by stockjedi

That actually the only thing that kind of worries me. The US government knows that people have bought tons of Dinars. Are they going to just let tons of people become multi-millionaire overnight? Any thoughts on this?

Number of US millionaires jumps to 8.9 million
Posted: 9:47 AM | Sept. 29, 2005

With there already being almost 9 million millionaires already, the number of millionaires that will be added because of dinar holders won't be as dramatic as you think. Maybe break 9 million? JMO

Originally Posted by willie 2

We are a nation of laws, and investing under a Presidential Order is absolutely legal and honest. Abundance is not a sin or something to feel guilty about. That is unless you THINK it is.

Its ironic that this subject came up... I just emailed the info. to a friend who
is not really keeping up and was nervious about having purchased the dinar..
I will only post the first part... but sent her the whole thing:

New Iraqi Dinar (NID)-Presidential Order 13303 allows US Citizens to invest in the New Iraq
emediawire.com etc. etc.

Saying that new troops going over to Iraq are being given Dinar and told not to spend or exchange it till November 15, 2006 as it would be worth more then.
HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

Originally Posted by DinarDarling

Saying that new troops going over to Iraq are being given Dinar and told not to spend or exchange it till November 15, 2006 as it would be worth more then.
HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

Would really like to hear from one of the service men that received it. I would imagine that they were told that "mum's the word" though. lol

Originally Posted by shotgunsusie

dont think the G.O.P. has forgotten their 'surprise' yet. like i said before, what would be FRESH in voters minds!! i would say one big positive report out of iraq might be irreplaceable for them. i would be lookin for something this week to happen before the election.

I would go along with this week...I shoot for tomorrow...welcome back SGS hope all is well. Now lets get this thing done, I need some sleep.

Judge : participation in the International Decade available with Iraq

(Voice of Iraq) - 02-11-2006
This issue was sent to a friend

Judge : participation in the International Decade with Iraq available to all States

The United Nations representative in Baghdad : Kuwait to host preparatory meetings of the contract confirms interest in the stability of its neighbor

KUWAIT : Ahmed Isa
The Personal Representative of the Secretary-General of the United Nations in Iraq, Ambassador Ashraf Qazi, to participate in the «International Decade with Iraq» available to all States Avenue to restore stability in Iraq. including neighbors who good relations with Iraq and are interested to see Iraq stable.
Ambassador Qazi said in a special interview with the Middle East «» on the sidelines of preparatory meetings of the Group of the International Decade «» with Iraq in Kuwait that the main meeting to discuss the document «International Decade with Iraq» will be held late this month or early next month at the latest, but he did not specify the venue of the conference. In the framework of the discussions on the involvement of Syria and Iran in efforts to stabilize Iraq. under the umbrella of the United Nations, the judge said : «International Decade available to all States Avenue to restore stability in Iraq», He added : «Iraq's work to improve its relations with all its neighbors, It would also be in their own interest to see a stable Iraq, We encourage all States to sit down and discuss their problems to be resolved in a peaceful ».

Ambassador Qazi spoke on the relationship between Iraq and Kuwait, adding that Kuwait would contribute through the International stability of Iraq, and already provided many of the aid to Iraq. He pointed out that «the establishment of this conference in Kuwait was a good sign, They neighbors and they both have common interests, Kuwait would not benefit from the unstable situation in Iraq, For that Kuwait was lost in a dignified setting up these meetings, as well as the contribution is made through the International ».

Regarding the role of the United Nations in Iraq told the judge : «invited by the Iraqi government, and our presence in Iraq comes through the international resolution 1546 of Nalp helpful role in Iraq in several areas, including the holding of elections and the referendum and the vote on the Constitution and the dialogue of reconciliation and improve human rights conditions and capacity-building of ministries ». He added : «extend this role by the international resolution 1700 which added to assist Iraq in the International Covenant, Therefore, our role now, and the key player more than before, but it is still associated with the resolutions of the Security Council and the invitation of the Iraqi government ».

In response to a question about the possibility of deploying international forces under the umbrella of the United Nations in Iraq. the judge said : «This needs to be a decision of the Security Council, we work under the international resolutions 1546 and 1700, also, everything must be done in accordance with the will of the Iraqis ».

Middle East

Barzani will meet with National Security Advisor American

(Voice of Iraq) - 02-11-2006
This issue was sent to a friend

Barzani will meet with national security adviser in American Saladin

Kurdish official : viewpoints between the two sides came close
London : contagious Fayadh
Dr. Fuad Hussein, head of the Office of Protocol at the presidency of the Iraqi Kurdistan region, visit the American national security adviser Stephen Hadley to the provincial capital of Irbil, the day before yesterday, not surprising, but after the joint coordination, He pointed out that his talks with Massoud Barzani, head of the Territory and the President of the territorial government Najirfan Barzani «The weight of the Kurdish leadership in the Iraqi political and security».
The Hadley has arrived in Erbil International Airport yesterday afternoon, the first held in Salah Eddin summer resort closed »« meeting with the head of the Territory. He said Hussein told the Middle East «» by phone from his office in Salahuddin, «The large delegation accompanying Hadley including the American ambassador in Baghdad, Zalmay Khalilzad, to discuss the latest developments on the Iraqi political arena».

The Head Office of the President of Iraq's Kurdistan region, «weight to the Kurdish and Kurdish leadership role in the Iraqi political process has become clear to the American Administration and the Iraqis, The visit of National Security Advisor to the American Kurdistan emphasizes the importance of the Kurdish role in the stabilization of the security situation throughout Iraq », He pointed out that the territory «discuss with Hadley way to create a real mechanism for the stability of the situation throughout Iraq based on the experience of successful leadership Kurdistan and wise in dealing with the political and security situation».

He said that «Hussein and views between the two sides came in close, The diagnosis of the Kurdish leadership of the Iraqi political situation was correct, This gives them weight in the real solution to the crisis worsening security in Baghdad and other parts of Iraq ». He added that «the Kurdish leadership to consider things through the highest interests of Iraq and not the interests of Kurdistan, but to adopt this American administration to the Kurdish leadership to resolve the Iraqi crisis, Valakrad became today are the cornerstone of solving the problems of Iraq ».

Middle East