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

Sunni legislators threaten violence if Maliki fails to disband militias | Iraq Updates
Sunni legislators threaten violence if Maliki fails to disband militias

09 November 2006 (The Daily Star)
The main Sunni bloc in Iraq's Parliament threatened Wednesday to abandon the political process and take up arms if the government continues to ignore its calls to dismantle militias.

OLD NEWS: PM expects saddam to hang 'before the end of the year'

NEW NEWS: REVALUATION ANNOUNCEMENT TIME, AMOUNT, HIGH TO ULTRA-HIGH

What are you thinking, this weekend perhaps?

Iraq Investment and Reconstruction Task Force

Iraq Adopts New Investment Law
October 2006
On October 10, Iraq adopted an investment law that offers an accommodating regulatory environment for U.S. business. The law will take effect once published in the Official Gazette. Although various actions must be taken before Iraq’s new investment regime is fully functional, there are several noteworthy features of the recently-approved law.

It doesn't say the have to put into effect 30 days of the 10th. I believe the confusion is because of the project licensing period, which is 30 days. The confusion about the gazette is that while the FIL has to be posted in the Gazette, that is different than a RV from CBI having to be posted in the Gazette. There is a difference, and we need to remember the difference.



Kurdistan Regional Government Passes Investment Law
July 2006
On July 04, the National Assembly of the Kurdistan Regional Government enacted an Investment Law <pdf/kurdistan_investment_law.pdf> <pdf/kurdistan_investment_law.pdf>(PDF only) which, among other reforms, allows the foreign investor to own and lease land. The law also provides for the equal treatment of foreign and national investors, as well as a quick 30-day project licensing period.
Of course I may be wrong here, but I searched and couldn't find anything about the 30 thing anywhere, and if you think about it that info would be all the tip off the big boys like Soros would need to move in strong. I doubt such a law exists, but on the bright side it will happen, and it will happen pretty soon we just have to be patient.

Originally Posted by kiko

A large decrease in the demand for the dollar in an auction Central Bank
Dargham of Muhammad Ali
Baghdad - (Voices of Iraq)

Demand declined significantly on the dollar in the auction the Central Bank of Iraq today, Thursday, recording a volume of the total 70 million and 180 thousand dollars against 97 million yesterday, down $ 27 million.
The demand was increased by 49 million and 180 thousand dollars in cash, and 20 million and 600 thousand dollars in the form of remittances outside the country, the Bank has full coverage at the exchange rate is the lowest this year 1465 dinars low one point on the price yesterday.

And so the Iraqi dinar against the dollar rose to a record as the dollar declined in the three meetings, five points after it was 1470 dinars last week. He attributed Mr. Yasiri, the owner of the banking reason for the decline in demand to decline in the volume of remittances, since the cash sales maintained the high level of concern but the current government of the consequences of the President of the former regime of Saddam Hussein fell after five days of sentencing, It brings confidence of the people and contributed to a reduction in remittances, saying that the reduction in the dollar's exchange rate will encourage the buyers to reduce inflation.

&#207;&#230;&#225;&#199;&#209;- (&#199;&#222;&#202;&#213;&#199;&#207;) :: Aswat al Iraq :: Aswat al Iraq

Is he serious? These couple of points (to 1465) is going to encourage buyers to reduce inflation??? What is this guy smoking?? Does he truly understand inflation and its causes? Does he think a few points on a Dinar that is not freely traded will reduce inflation?? Come on, RV!!

Originally Posted by motomachi

Sunni legislators threaten violence if Maliki fails to disband militias | Iraq Updates
Sunni legislators threaten violence if Maliki fails to disband militias

09 November 2006 (The Daily Star)
The main Sunni bloc in Iraq's Parliament threatened Wednesday to abandon the political process and take up arms if the government continues to ignore its calls to dismantle militias.

OLD NEWS: PM expects saddam to hang 'before the end of the year'

NEW NEWS: REVALUATION ANNOUNCEMENT TIME, AMOUNT, HIGH TO ULTRA-HIGH

What are you thinking, this weekend perhaps?

Is this fact the part about NEW NEWS....it made my heart skip 50 beats...???

Originally Posted by CharmedPiper

Is this fact the part about NEW NEWS....it made my heart skip 50 beats...???

CP... I think it is motomachi thinking outloud... not that we don't all want it to be a reality..:)

think it was sort of a BTW... my heart skipped a few too! :)

Hi,

Is it not possible that this large buying back of the dinar at the auctions this week is to assist them in paying out the $10,000 dinar to everybody, they appear to keep postponing the payment at about the same time as they are buying back- any thoughts?..

Originally Posted by motomachi

Sunni legislators threaten violence if Maliki fails to disband militias | Iraq Updates
Sunni legislators threaten violence if Maliki fails to disband militias

09 November 2006 (The Daily Star)
The main Sunni bloc in Iraq's Parliament threatened Wednesday to abandon the political process and take up arms if the government continues to ignore its calls to dismantle militias.

OLD NEWS: PM expects saddam to hang 'before the end of the year'

NEW NEWS: REVALUATION ANNOUNCEMENT TIME, AMOUNT, HIGH TO ULTRA-HIGH

What are you thinking, this weekend perhaps?

I am having a hard time finding where it says the part about the RV, can someone please explain to me where it is on the link?

This may just be a mix-up of words but this article is dated 10/23/06 and White House rep Tony Snow refers to comments as already being done when referring to investment law.

Bush: Success in Iraq will depend on the Iraqis' ability

Bush: Success in Iraq will depend on the Iraqis' ability
Iraq-USA, Politics, 10/23/2006

Today, White House spokesmans Tony Snow said there is not dramatic shift in US policy towards Iraq. He added "I think what you try to do when you're looking at the Iraqi government is find out what's possible. What we are satisfied is that the Iraqi government is serious about taking on the real challenges that it faces. On the security side, it means taking on militias and also taking on insurgents, terrorists, and rejectionists. On the economic side, it means building an economic infrastructure that contains not only a legal framework in which people have property rights and redress in cases of fraud, theft, or personal violence, but also the opportunity for investors to come in and realize that their investments are going to be made good, that you have the kind of respect for investment. They have passed an investment law that makes it now possible for international investors to come into Iraq."

Originally Posted by ezcash

CP... I think it is motomachi thinking outloud... not that we don't all want it to be a reality..:)

What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps?

American Contractor This guy stopped thinking on the 12th of October, that means that one month will pass this Sunday, ; and so will the RV !

What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps? What are you thinking, this weekend perhaps?

Just thinking out loud!

Originally Posted by motomachi

[B]What are you thinking, this weekend perhaps?

Just thinking out loud!

I'm thinking & hoping the same.... if not sooner :)