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

Did we ever confirm whether article 8 was signed. Is there anything else that could be holding up the revaluation.

Carol, Please accept my deepest sympathy . i know you have been fighting this for a while now . and feel really bad for you. and your family. Its been one hell of a year for most of us old farts. talk to you later. BOB

Originally Posted by kiko

08 November 2006 (Azzaman)

Fuel is in such a short supply in northern Iraq that families are scrambling for branches of trees, bushes and dung to use for both cooking and heating.
“The (fuel) crisis has aggravated recently,” declared Mohammed Zibari, head of Fuel Distribution Commission in northern Iraq, which includes six provinces Mosul and Kirkuk as well as the three Kurdish provinces of Arbil Sulaimaniya and Dahouk.
Zibari blamed the crisis on interruption of imports, particularly from Syria and Turkey.
He did not say why the countries had stopped supplying northern Iraq with fuel. Last year Turkey suspended fuel exports as the Ministry of Oil stopped paying Turkish traders.
The commission, in preparation for the cold winder months, had signed deals with both countries for the import of liquefied gas, kerosene and gasoline in quantities which Zeibari said would have met local consumption in the six provinces.
“The neighboring countries have halted supplies despite the contracts,” Zeibari said.
Iraq’s fuel import bill is estimated at more than half a billion dollars a month and still the country faces a chronic shortage.
Analysts say the Oil Ministry, which also handles fuel imports and distribution, is mired in corruption and there are reports of faked contracts and forged fuel distribution deals with local contractors.
“Imports from Turkey have been off for nearly two months and we have not received a single drop of the quantities specified in the contracts,” Zibari said.
Zibari decline questions on whether the allocations made for the contracts were still in government coffers or have already vanished.
Iraq holds massive oil reserves and its refining capacity under former leader Saddam Hussein was estimated at nearly 750,000 barrels a day.
Fuel shortages were non-existent before the 2003 U.S. invasion.

Fuel shortages worsen in north | Iraq Updates

Unbelievable how their own people have to suffer while they can do something about it.

I think this is 1 of the many reasons why the RV is needed!!!!!!!!!!...........

ABC News is reporting that President Bush will say Rumsfeld will resign.

more to follow.

Originally Posted by Gloribee

If everyone is broke, why ask a million dollars if no one has that kind of cash? You can only ask what the market will bear. If every single person in town was a millionaire, would you sell your ice cream parlor for a lousy $3400.00 bucks? Not to likely. Then I may be tottally off base as this is only my personal opinion.

Thxs, Gloribee

Interesting,

And who said everyone is broke in Iraq. Perhaps you missed it, but millionaires in Kurdistand went from 200 to over 2,000 since ouster of Saddam, so who is to say how many are broke or could afford a million for a business. What I am saying is who knows what this example of business will be worth after revalue, but I would expect it to go up as I stated, so what are you disagreeing with?

Good luck to all, Mike

Rumsfeld Resigning as Defense Secretary

Breaking News | News & Media | Latest Current - FOXNews.com

Waiting to see/hear President's Bush's news conference coming up on television!

Rumsfeld resigns (here w go)

Originally Posted by ccgideon

To all my RolClub family members who offered prayers and positive thoughts during the illness of my husbands daughter, Valeri. Valeri passed away yestereday morning and her battle with the cancer has ended. I know this is not the correct thread to convey such information, but I wanted to make sure the message reached all who were so encouraging to us.
Many thanks and may God bless each of you.
ccgideon

I am so so sorry, and truly sorry i had no idea, but please except my deepest sympathies and prayers for your family.

Originally Posted by goldraker

I think this is 1 of the many reasons why the RV is needed!!!!!!!!!!...........

Exactly.

This thing must be RV by Sunday or problems will grow and grow.
Winter is coming, not a good forecast like it is now.

Originally Posted by Dinarstars

ABC News is reporting that President Bush will say Rumsfeld will resign.

more to follow.

Finally,

It was about time, too many blunders from Rumsfeld, and a half dozen generals who stated these issues cannot all be wrong.

Good luck to all, Mike