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

Can everybody explain, what is SGS?

Originally Posted by Caviar Dreams

Your kidding right? I really appreciate all the information and confidence that SGS brings to the forum because it keeps our dreams alive. However, you should never bet the farm on a rumor.

Originally Posted by skeskima

Can everybody explain, what is SGS?

Short for Shotgunsusie

Originally Posted by cigarman

Looks like it's trading to me Onedaysoon. Maybe wishful thinking on my part. I'm willing to except any movement at this time.lol

I am watching ADVFN and it shows no movement yet!

Originally Posted by skeskima

Can everybody explain, what is SGS?

SGS = ShotGunSusie...the Postess with the Mostest!

Cool Tiff

ARBIL, Iraq, Sept 27 (Reuters) - Iraq's Kurdish regional government raised the threat of secession on Wednesday if the Baghdad government did not drop its claims to a say in the development of oil resources in their northern districts.

In a strongly worded response to comments by the Iraqi oil minister, the premier of the autonomous Kurdistan region said he "resented" the remarks by Hussain al-Shahristani and accused him of trying to "sabotage" foreign investment in Kurdish oil.

"The people of Kurdistan chose to be in a voluntary union with Iraq on the basis of the constitution," Prime Minister Nechirvan Barzani said in a statement on his official Web site. "If Baghdad ministers refuse to abide by that constitution, the people of Kurdistan reserve the right to reconsider our choice."

Barzani said he was responding to an interview Shahristani gave to a Baghdad newspaper this week in which he restated the view of the Oil Ministry that recent contracts signed by the Kurdish regional government with foreign firms to develop oilfields in the area were subject to the ministry's review.

Shahristani, from the dominant Shi'ite Islamist bloc in the national unity government, has said he favours strengthening central control of Iraq's oil, although a new constitution gives autonomous federal regions a role in developing such resources.

The issue of just how powers are divided between Baghdad and the regions is at the heart of a bitter sectarian and ethnic dispute. The government is drafting legislation to clarify how oil investment and revenues should be shared with a view to encouraging foreign investment to develop its vast resources.

Leaders of the Kurds, about one in five of Iraq's 26 million people, regularly remind Baghdad politicians that they reserve a right to secede. However, they are mindful of hostility to their independence from their U.S. allies as well as from neighbouring Turkey, Iran and Syria, which also have big Kurdish populations.

KURDISH CONTRACTS

The Kurds, effectively independent of Baghdad since breaking from Saddam Hussein's rule in 1991, have struck two oil deals with foreign firms in the past year, while the four-month-old national government in Baghdad has yet to sign new contracts.

In May, Turkey's Genel Enerji and Canada's Addax Petroleum (AXC.TO: Quote, Profile, Research) signed a 25-year production-sharing agreement with the Kurdish authority for the Taq Taq oilfield. Norwegian firm DNO (DNO.OL: Quote, Profile, Research) signed a deal last November to drill for oil.

Barzani highlighted elements of the Iraqi constitution which provide for joint control of oil and gas fields in production. Kurds argue that new fields fall under regional control.

"I resent Dr. Shahristani's efforts to sabotage foreign investment in Kurdistan's oil sector," he said.

"Dr. Shahristani would better spend his time getting his ministry working rather than tearing down our achievements."

The Oil Ministry could not immediately be reached for comment. Shahristani says he wants to encourage foreign firms to invest in Iraq. Legislation to regulate such investments is in the works and ministers hope parliament can pass it this year.

Competition between Kurds and Arabs for control of Iraq's big northern oilfield around Kirkuk is a major potential source of conflict. The field lies outside the present Kurdish region but Kurds want a referendum to bring Kirkuk into their area.

Many majority Shi'ites are keen to emulate the Kurds' autonomy but Iraq's parliament this week agreed to delay the formation of any new regions until at least 2008 to let passions cool. Formerly dominant Arab Sunnis fear a new federal region in the oil-rich, Shi'ite south, along with Kurdish expansion in the north, could deprive them of the benefits of Iraq's oil.

http://today.reuters.com/news/articl...clePage2&sz=13

Originally Posted by $onedaysoon$

Yahoo! Finance Charts

Yahoo shows as if it is trading. chart has NEVER looked like this before, it is maybe updated two-three times a day at about the same times each day.

also note - last trade / change / volume / time - are blank

anyone else watch this site everyday like I do that can back me up on this?

Also the ISX site in my signature below has been updated finally from 9/13/06 to 9/25/06. Something is happening or on the horizon.

Caldwell: Iraq's Transformation is Subtle

By Maj. Gen. William B. Caldwell IV
Spokesman, Multi-National Force - Iraq
BAGHDAD, Sept. 25, 2006 — Let’s put the bad news up front: Extremist elements in Iraq are vying for political and economic power and are seeking to take advantage of this delicate stage of transition in Iraq’s history. Sunni and Shia extremists are using brutal and provocative tactics against one another. Baghdad is the center of gravity for this increasingly sectarian conflict. The conflict is complex: There are also foreign terrorists infiltrating the borders, renegade death squads, an insurgency, and foreign governments who seek to exert influence on Iraqi politics.
This, however, is only part of Iraq’s present story. The violence belies the gradual but remarkable transformation this nation is experiencing. Focusing on just violence would miss telling the bigger story of how — despite it —Iraqis have made enormous steps toward self-sufficiency in both the security and political realm.

Iraqi Security Forces Taking Control

Three years ago, there were virtually no security forces in Iraq. Today - Iraqis are standing up military and police forces that number over 300,000. In coming months, the Coalition and the Iraqi government will reach the goal of 325,000 trained and equipped force members.

Quality is improving with quantity. In April 2004, almost all Iraqi forces fled in the face of a militia uprising in Najaf. This August, when militia attacked an Iraqi Army outpost in Diwaniyah, the Iraqi army counterattacked and killed 50 militiamen in the ensuing battle. By the end of August, Iraq’s special-ops brigade, with U.S. combat advisers, had netted 1,320 detainees in 445 operations all over the country this year, including three senior militia leaders and 20 most-wanted individuals. This month, Iraqi forces provided a safe environment for more than four million Shiite pilgrims celebrating the birth of the 12th Imam. And it was Iraqi forces operating independently who recently captured a major Al Qaeda in Iraq leader, Abu Hammam.

A functioning command structure. This month, Prime Minister Nuri al-Maliki became commander-in-chief of Iraq’s military in more than name only. That is, the Ministry of Defense and the Joint Headquarters –who report to the prime minister—assumed operational control of the Iraqi Ground Forces Command, Navy and Air Force. Before Sept. 7, Coalition Forces exercised control of all of Iraq’s military. Now, two of Iraq’s 10 Army Divisions fall under this command structure. More will soon follow.

Of Iraq’s 10 Army divisions, six division headquarters are “in the lead” in their areas of responsibility, which means they are capable of coordinating, planning, and executing security operations independent of Coalition forces. Twenty-six brigades and 88 battalions have this operational lead as well.

Healing a fractured society

Security will only improve with simultaneous political and economic progress. Under Saddam, government served the will of the dictator and primarily served one sect. Today,


Iraqis are learning to share power and wealth. Local governments—from provinces, districts or

neighborhoods—are beginning to take responsibility for their citizens. The government must work to heal the wounds of this fractured society by getting all factions to reconcile. Leaders must promote laws that encourage investment and provide jobs. Recent initiatives show Iraqis meeting these challenges head on.

In Baghdad, several hundred Iraqi civil society representatives renounced violence this past weekend at the second of four conferences that are part of Prime Minister Maliki’s overall 24-point national reconciliation and dialogue plan.

On Sept. 21, the governor of the southern province of Dhi Qar took over civilian responsibility for security from Coalition Forces. Dhi Qar is the second of 18 provinces to take over civil control, and several more should meet the transition criteria before the year’s end.

The Iraqi government met with representatives of neighboring and European countries to form an “International Compact,” aimed at getting help to transform Iraq's economy. At the Sept. 10 meeting, Iraq pledged economic reforms in exchange for greater international support.

Several hundred companies from over 20 different countries attended the third annual international expo, held last weekend in Erbil aimed at promoting international investment.

Iraq’s new unity government is moving forward and will continue grappling with tough political challenges, such as: how to balance power between central and regional governments (federalism); how to divvy up the country’s oil revenues (a hydrocarbons law); how to assimilate former members of Saddam’s Ba’ath party (de-Ba’athification) and integrate and/or disarm militias. But Iraqis have succeeded in setting a road map for resolving these essential issues. Likewise, there is still significant work to be done in developing the security forces so they are capable of defending a democratic Iraq from both internal and external threats. But for such a young force, their advances have been impressive.

Iraq is living a critical moment in what Iraqis, and all our allies supporting the mission here, hope is the beginning of a long history of democracy for both this nation and the region. The process may seem arduously slow for Americans –who value expediency and want our beloved service members out of harm’s way—and for Iraqis, many of whom live the violence daily. Iraqis have many difficult choices to make to bring unity, security and prosperity. As Iraqis persevere, we must maintain the patience to allow their critical efforts come to fruition.

Maj. Gen. William B. Caldwell IV, U.S. Army, is spokesman for Multi-National Forces-Iraq and is currently stationed in Baghdad.

Commentary - Caldwell: Iraq's Transformation is Subtle - DefendAmerica News Article

Originally Posted by tiffany

I don't know what's going on with the Yahoo chart, but check it out when you click on the little 5day square at the bottom....testing 1-2-3 testing 1-2-3! That's what it looks like to me anyhoooo!

Do you have a link to this chart, I can't seem to find it on yahoo. Thanks-a-million(dinar)!

Yahoo! Finance Charts

Your welcome DINAR-ling!