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

Karin, we know it has to happen just not when it will happen. They can't move forward with a measly pathetic fake rate that they have now. They have no buying power and will sell out their country for nothing if they left it as it is. Not going to happen. The US have to pay for the war somehow and that will come from the oil in the ground, the dinars held in the Treasury and the taxes that American dinar holders will pay. Their people need and deserve to be given something back. With high inflation and families struggling to make ends meet, thrown in with foreign investors queueing at the door it's just a case of when not if.

Like a winning lotto ticket but just not knowing which Saturday the draw is to take place. Even if it is November, that's only 7 weeks away.

Keep ya chin up, we're almost there.

Originally Posted by Adster

The Compact won't be fully active until November with regards to taking investors money. Sorry, I'd love to be wrong but I honestly think we're looking at November now for a r/v.

That's the bad news, the good news I fully believe they can support a r/v of around 1.39 if they go with what I said above. Now whether they go down this route or allow the markets to decide on the dinar value and open it lowish and let it float is anyones guess at this point. Either way we end up a lot wealthier which is what we're all here for. :0)

Hello Adam,

I am more and more getting the feeling that they will choose to peg instead of float. Completely my personal opinion with ZERO to back it up other than logic. I think they will be more concerned with the stability that goes with a pegged currency.

UN Deputy Secretary-General to Attend High Level Weekend Meeting

a Nut Shell.. Hopfully.

Originally Posted by from article

"Its purpose will be to assess preparatory work vis-୶is the Compact. The event will be attended by representatives of a number of countries, as well as officials from the World Bank, International Monetary Fund, Islamic Development Bank and Arab Development Fund," he said.

Originally Posted by from Article

According to a joint statement issued by the UN and the Iraqi Government at the Compact's launch on 27 July, the finalized agreement, including key priorities, benchmarks and commitments, will be presented by Baghdad by the end of the year.

UN Deputy Secretary-General to Attend High Level Weekend Meeting

Originally Posted by $onedaysoon$

UN Deputy Secretary-General to Attend High Level Weekend Meeting

The event will be attended by representatives of a number of countries, as well as officials from the World Bank, International Monetary Fund, Islamic Development Bank and Arab Development Fund," he said.

It's getting better and better...

Most deffinite R/V now... World Bank doesnt screw around. There going to do business not to hold hands with a currency that is 1475:1 with the USD....

Ok this is getting rough, waiting for monday. I usually don't get to bent out of shape, but this is exciting.

(Voice of Iraq) - 14-09-2006 | This issue was sent to a friend

Goweili : Iraq asked strengthen its economic relations with Arab countries

Mohsen Abdel-Aziz wrote :
Dr. Ahmed Goweili, Secretary General of the Arab Economic Unity Council, the coming period will witness a boom in trade between Arab countries and each other, and among the Arab countries and the outside world.

He added during a conference about the participation of Arab and local actors in the reconstruction of Iraq that unity among nations established on the basis of common interests, as long as there are no interests would not exist alone, pointing out that the unit was doing a network of interests serve as a link between the Arab countries.

He said that the development of trade between Arab countries and the outside world, leading to the development of trade between countries in the Arab world, He pointed out that the Iraqi delegation came to Egypt with an open heart to build bridges of strong economic relations with Egypt. It is important for Iraq to return strongly to their Arab nation foundation of the pillars of economic and political.

He said Mr. Eid Abdullah adviser to the Iraqi President, we come to build a bridge of communication between the businessmen and the Iraqis. referring to the existence of more than 500 Arab and foreign companies involved in all fields of industrial and urban Iraq, He emphasized that most of the cities of Iraq that enjoys security and safety and that what appears on the surface there in a few places, the center of Iraq only, while the North and the South enjoy full security.

He pointed out that Egypt is a large Arab and hope that our strong links with traders and importers Egyptians, and our doors open cooperation with businessmen, importers, We will provide all the facilities necessary for effective participation with the Arab and Islamic countries in order to build Iraq Aziz.
MT


Sotaliraq.com

Originally Posted by $onedaysoon$

UN Deputy Secretary-General to Attend High Level Weekend Meeting

But this article talk about the last meeting on last sunday

Originally Posted by pipshurricane

(Voice of Iraq) - 14-09-2006 | This issue was sent to a friend

Goweili : Iraq asked strengthen its economic relations with Arab countries

Mohsen Abdel-Aziz wrote :
Dr. Ahmed Goweili, Secretary General of the Arab Economic Unity Council, the coming period will witness a boom in trade between Arab countries and each other, and among the Arab countries and the outside world.

He added during a conference about the participation of Arab and local actors in the reconstruction of Iraq that unity among nations established on the basis of common interests, as long as there are no interests would not exist alone, pointing out that the unit was doing a network of interests serve as a link between the Arab countries.

He said that the development of trade between Arab countries and the outside world, leading to the development of trade between countries in the Arab world, He pointed out that the Iraqi delegation came to Egypt with an open heart to build bridges of strong economic relations with Egypt. It is important for Iraq to return strongly to their Arab nation foundation of the pillars of economic and political.

He said Mr. Eid Abdullah adviser to the Iraqi President, we come to build a bridge of communication between the businessmen and the Iraqis. referring to the existence of more than 500 Arab and foreign companies involved in all fields of industrial and urban Iraq, He emphasized that most of the cities of Iraq that enjoys security and safety and that what appears on the surface there in a few places, the center of Iraq only, while the North and the South enjoy full security.

He pointed out that Egypt is a large Arab and hope that our strong links with traders and importers Egyptians, and our doors open cooperation with businessmen, importers, We will provide all the facilities necessary for effective participation with the Arab and Islamic countries in order to build Iraq Aziz.
MT


Sotaliraq.com

And the Media said that the Iraq government was not getting it done. PM Miliki is Kicking Ass right now.