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

Originally Posted by hightide3016

KRG US representative says federalism will enhance unity

--------------------------------------------------------------------------------

Washington, 17 November 2006 (KRG)
On Monday KRG Representative to the United States Qubad Talabany told US government officials, academics and the press that federalism was vital to creating unity in Iraq and should not be viewed with fear. Mr Talabany made his comments in a panel discussion about Iraq at the annual Middle East Institute Conference. The panel entitled “Exiting Iraq” also included retired US Army General Jay Garner, Brian Katulis from the Centre for American Progress and Ambassador David Satterfield, the State Department’s Senior Coordinator for Iraq.

With the US midterm elections over, Talabany urged the Bush administration and the new Congress to resume tackling policy issues pertaining to Iraq. He also remarked that the panel’s title suggests a defeatist mentality: “Exiting from Iraq must come as a result of success in Iraq, rather than from failure”. He warned that enormous ramifications will ensue if the US prematurely withdraws its support to Iraq. An exit because of failure would be a “catastrophic mistake” and “hand Iraq to the terrorists,” he said.

While admitting that much work remains to be done in Iraq and by Iraqis especially, Talabany explained that not all is “doom and gloom.” He detailed the Kurdistan Region’s peace and prosperity, citing that a recent trade show in Suleimaniah was attended by over 300 international companies. He expressed disappointment that the US does not make greater mention of the progress and encouraged the Kurdistan R egion’s political and economic development to be expanded upon.

The Kurdistan Regional Government’s representative urged the US administration, in coordination with all sectors of Iraqi society, to consider the various ideas that are on the table and adapt to the realities on the ground. “Working on timetables will not result in the right outcome, and will likely lead to failure”, he said.

Mr Talabany said decision-makers should not fear the decentralization that is taking shape in Iraq. He said, “Federalism is not partition, but a unification of an already partitioned society”, as the Iraqi Parliament has already passed a law that determines how federal regions are to be created in Iraq and according to the country’s constitution, Iraq is a federal country. Finally, Talabany stated that accelerating Iraq’s economic development should be seriously considered, as only a sound economic development strategy will ensure long term peace and prosperity in Iraq. He noted that the Kurdistan Region is undergoing a relative boom in construction and economic development, and that its development should be nurtured and protected.


General Garner in his remarks stressed the strategic significance of Kurdistan and urged that, in the event of the situation deteriorating in Iraq, support for the Kurdistan Region be maintained.

I just changed the size on the text so more ppl will see the most important part of that article! Great job - Raditz

If only the rest of the country was like the Kurdistan region. We would've had our party a loooooooooonnnnnnnggggggg time ago. They REALLY have their stuff together. Unlike those nuts in the south (Sunni's & Shia's) Maybe they will get it together soon enough. Go Dinar!!!!!!

All the best

D.

Originally Posted by Dinar Duchess

I am looking for the same, I dont think anyone is doing this yet, more likely to be a bank in the middle east if any, in places like Jordan, please keep us informed if you find anything.

Interesting,

I have knowledge of several middle east countries banking, and they all seem consistant with normal banking, and that is, you cannot hold currency in accounts in anything other than the currency of such country. Simply put, U.S. accepts only dollars, Iraq only accepts dinars on deposit. So if you want to hold any currency in any bank, then use safe deposit box systems. You can hold as much currency as you want in this method with no concerns.

The only concern for those in U.S. is that money in safe deposit boxes is not protected under the FDIC system, which covers you up to $100K, which is really quite funny since gov. cannot cover even a penny on the dollar, so FDIC is a bit of a joke if there was ever a banking implosion, so in reality, if all U.S. banks were imploding at the same time, you would be better off having a safe deposit box than an account. And by all means, if you plan on sitting on any currency, make sure it isn't dollar. Keep most of your dinar for long term gains is far better than exchanging it for U.S. dollars.

Good luck to all, Mike

I would like to also offer in lu of the Safe Deposit box, that too keep you "Taxes Paid", and stay clean with the I.R.S. These guys, the way I have been told are the only ones, here in the US, that can confiscate your Box if you are in the Red with them. Just a Tip I have been told.

Judge Radi Radi guest rooms Iraqi Parliament

(Voice of Iraq) - 11-18-2006
This issue was sent to a friend
Conference hosts Iraqi Parliament Professor Judge Radi Radi Chairman of the Integrity Commission and that the Iraqi day today, Saturday, 18 / 11 / 2006 ten p.m., and the timing of Iraq's eight p.m., Central Europe and the timing of the evening on the recent accusations against them, draw the attention of everyone, Welcome hospitality Alberlm that.

Alhouider Khaznabat people and the government and the words pour

(Voice of Iraq) - 11-18-2006
This issue was sent to a friend
A special media center of the communication

The totals takfiri severing road connecting villages and Alhouider Khaznabat and words with the city of Diyala, and the inhabitants of these villages suffer as a result of the embargo as they can not transport the injured to the hospital to maintain them.

The correspondent that the security forces in the village tried to open the road, but collided with terrorist groups and armed بالBKC and snipers have not been able to dislodge from their location.

Terrorists also controlled some buildings fortified by snipers targeting citizens through it.

Our correspondent letter and the transfer of villagers (and Alhouider Khuranabat and words) Mestengdin where the Iraqi government and HE Prime Minister Al-Maliki in the rescue.

On the other hand, the takfiri armed terrorist groups to enter the town of Khalis.

Barham Salih : the allocation of 11 to 13 billion dollars for the establishment of the port of Basra in Iraq

He said Iraqi Deputy Prime Minister Barham Salih today, Saturday, that the establishment of the port allocations Greater Iraq amounted to between 11 to 13 billion dollars.

Saleh pointed out in a press conference held this morning in the Cultural Center in the event of the oil arriving in Basra on a visit accompanied by Finance Minister Baqir Jabr counterpart, the spokesman for the Iraqi government to Skinner "Basra Governorate priority projects in the infrastructures and reconstruction as the port vital and essential for Iraq."
He added : "We have come to Basra as officials of the Economic Commission of the Prime Minister to hear from the people of Basra on their needs."

Saleh said that "Baghdad will host during the next two weeks, investment companies, we will have applications for the establishment of the Port of Greater Iraq."

Pointing out that "the project allocations amounted Between 11 - 13 billion dollars." A statement carried Jabr, the Iraqi Minister of Finance, "We have decided to increase budget allocations to Basra in 2007 by 50% from the previous share in 2006."

His counterpart, "There is a project for the development of marsh $ 150 million it will work with the governors to implement Amarah, Basra and Nasiriyah." He stressed that "we will, regardless of the financial allocations to the provinces in 2007 on the first of January in January 2007 for the implementation of the largest possible number of projects."

He said Basra governor Mohammed Alowaeli "then, the central government should give us an opportunity to complete the project, which delayed implementation in the current year."

The budget of Basra in 2006 was 258 billion Iraqi dinars allocated for the building of infrastructure and launching new projects.

ÇáÈÕÑÉ-ãÄÊãÑ :: Aswat al Iraq :: Aswat al Iraq


Hmmm, the next two weeks baghdad will host investment companies, they `will` regardless of the financial allocations start on 1/1/2007 with the largest possible number of projects!!

I don't think they can do this without the big foreign companies!!

They will open the markets and we are sooooooo close!

Originally Posted by railroad

I'm with ya....But I have a question....Let say you are right on the mark with this and it gets in the neighborhood of $1.48, and does not go on the forex, what's our options? Do we buy a ticket to "way down under and then fly to northern Iraq to deal with Iraqi banks? All the banks I have been calling and dealing with say they won't trade until it's on forex. By the way I was in a bank the other day, in good ol Alabama, Regions as a matter of fact, told me they did not deal in dinar yet. Key word here being "yet". But they expected to when it was on forex......just some early morning thoughts to start my day....

It can still be on the forex but at a pegged rate like other currencies. It would only fluctuate a couple of points sometimes but not drastic upticks or downticks.

Iraq-Britain

Posted by: saleem on Saturday, November 18, 2006 - 03:06 PM

Iraq-BritainBritish finance minister arrives in Basra on landmark visitBasra, Nov 18, (VOI) –

British Chancellor of the Exchequer Gordon Brown arrived in Basra on Saturday on an unannounced first visit to Iraq, said an informed source.Brown, who arrived in this southern city accompanied by Sir Jock Stirrup, the current British Chief of the Defence Staff, is scheduled to meet with Iraqi Deputy Prime Minister Burham Saleh, Iraqi Finance Minister Bayan Jabr Sulagh and Iraqi Government Spokesman Ali al-Dabbagh.Brown will also meet in his visit to Basra with British troops.Britain, which participated in the US-led invasion in 2003, has about 7200 soldiers in southern Iraq, mostly stationing in and around Basra.

Iraq-Britain :: Aswat al Iraq :: Aswat al Iraq

Million dinars each migrant family
· The immigrants in the House of Representatives : 50 thousand migrant families forcibly in Iraq

Baghdad / long
The Deputy Chairman of the Committee on Immigration in the House of Representatives on behalf of Hasani that the latest statistics for the preparation of the Displaced in Iraq amounted to more than 50 thousand families any limits 200 thousand individual immigrant ago.
Bono pointed out that Baghdad is the most governorates, which were either abandoned by the rest of the governorates, the percentage varies by the sometimes equally, He noted that the Committee had adopted a series of recommendations, including an amount of two million dinars for each family of migrant emergency response and to absorb immigrants, and the most important problems of providing adequate housing and other necessary requirements of living. Bono explained that the Committee had recommended an increase of allocations by the Ministry of Immigration and immigrants in order to activate its role in Baghdad and other governorates. The Commission also requested the Political Council for National Security to make the case involuntarily displaced, priority attention and provide housing complexes to contain the emergency situation experienced by the displaced camps and caused heavy rains and strong winds that uprooted tents. Stressing that the proposed memorial (caravans) as a quick solution to the dramatic situation with these families and all of these recommendations had been submitted to the prime minister. Noting that the poor financial allocations from the Council of Ministers to the Ministry of Migration and Displacement, which amounted to six million dollars for the months since the formation of the ministry is an impediment to the completion of its work.

Translated version of http://www.almadapaper.com/

Europe to open up to Iraq in all fields
Saturday, 04.11.2006, 09:06am (GMT)

Ambassador of European Commission in Baghdad Alca Callow stressed on importance of holding dual dealings with European States and showed the will of these states to open up to Iraq and widening fields


of cooperation during his meeting with Trade Minister Dr Falah Hassan, said Spokesman of the Ministry to Alsabah.On the other hand Dr Hassan renew Iraq's wish to cooperate with European Commission to benefit from advanced experiences of its states and investing it to build workforces abilities.

Translated version of http://www.iraqimedianet.net/