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

Ready number of Russian oil companies to work in Iraq وكالاتAgencies
أكد Foreign Minister Hoshyar Zebari that the government of Iraq is very interested in the consolidation of bilateral relations with Russia, and the presence of broad prospects for Russian companies to participate in building a new Iraq in the light of the large budget for next year, amounting to 41 billion dollars in addition to the government's interest in the experience of Russian companies to work in Iraq. This came during a meeting held with the Ambassador of the Russian Federation in Baghdad, which has confirmed the readiness of a number of Russian companies, among them Lukoil oil company to work in Iraq. Also, the Iraqi foreign minister and the formation of the Russian-Iraqi committee studying the legality of the contracts signed by Russian companies in the era of President Saddam Hussein, ruled out that the Russian company to regain its full rights in the West Qurnah field. For its part, announced that the Russian oil company for the training of 60 cadets tables of the Iraqi Ministry of Oil implementation of the previous agreement between the ministry and the company in its efforts to restore its presence at the scene Iraqi oil. It is noteworthy that the company Lukoil oil giant, which ranks second among the major Russian oil companies, and in 1997 signed a contract worth billions of dollars to develop the field Qurnah western II

جريدة المواطن العراقية

International Herald Tribune - 2 hours ago
Past time to get real on Iraq - International Herald Tribune

Past time to get real on Iraq
Published: January 9, 2007
We've been down this road before. This time, it has to be different.

There have been too many times that President George W. Bush has promised a new strategy on Iraq, only to repeat the same old set of failed approaches and unachievable objectives. Americans need to hear Bush offer something truly new — not more glossy statements about ultimate victory, condescending platitudes about what hard work war is, or aimless vows to remain "until the job is done."

What they need is for the president to acknowledge how bad things have gotten in Iraq (not just that it is not going as well as he planned) and to be honest about how limited the remaining options truly are. The country wants to know how Bush plans to end its involvement in a way that preserves as much of the nation's remaining honor and influence as possible, limits the suffering of the Iraqi people and the harm to Iraq's neighbors, and gives Iraqi leaders a chance — should they finally decide to take it — to rescue their country from an even worse disaster once the Americans are gone.

The reality that Bush needs to acknowledge when he speaks to the nation Wednesday night is that the Iraqi government of Prime Minister Nuri Kamal al-Maliki is feeding rather than restraining Iraq's brutal civil war. The Iraqi Army cannot be relied on to impose order even in Baghdad, while the Iraqi police forces — dominated by sectarian militias — are inciting the mayhem.

Bush must acknowledge that there is no military solution for Iraq.

Whatever plan he offers needs to start with a tough set of political benchmarks for national reconciliation that the Iraqi government is finally expected to meet. It needs to concentrate enough forces in Baghdad to bring some security to streets and neighborhoods, giving Iraq's leaders one last opportunity to try to bargain their way out of civil war.

His plan needs to lay out tight timetables in which the Iraqis must take major steps to solve fundamental issues, including equitably dividing their oil wealth and disarming vengeful militias. There must also be a clear and rapid timetable for achieving enough stability in Baghdad to hand back significant military responsibilities to the Iraqis.
The last time America presented Maliki with a set of political benchmarks, he bluntly rejected them. If he does that again, there is no way America can or should try to secure Iraq on its own. Bush must make clear to both Iraqis and Americans that without significant progress, U.S. forces will not remain.

Azzaman, January 9, 2007



The Ministry of Industry has carried out projects worth 425 billion dinars in 2006, the minister, Fawzi Hariri, said.


Hariri said the projects were part of contracts his ministry had signed with other government bodies.



The contracts were related mainly to state-run companies, notably the vegetable oil establishment and the chemical and fertilizer industries.



He said besides the contracts the ministry carried out for other government bodies, it worked hard to boost production at its own factories.



Production of several state-owned firms surged in 2006 compared to 2005, the minister said.



He said petrochemicals saw more than 90 percent growth while the Zawra mechanical industries grew by 190 percent.



Cement production hiked by nearly 15 percent, he said.



The ministry owns 61 major factories most of which were looted during and shortly after the 2003 U.S. invasion.



But the ministry says it has rehabilitated most of these industries. It held a big exhibition of the products of its firms recently in Baghdad.



The exhibition drew a lot of attention in Iraq and was seen as a sign of a rebirth of the domestic industry

Azzaman in English

Originally Posted by H2O_Lover

Hmm..... not sure that a 100,000 dinar grant is all that much even at today's blistering rate of 1318. What is that in dollars ? is it not like about 80 ?
And this Grant is to do what, rebuild something ? a Home ??
Maybe its just a ---we are sorry about your troubles and please take your family to dinner

Oh well just a duck here, have to say i dont get it

IMO Seems this is more of a compensation for being forced from their homes not that they lost them, kinda like they had to leave so for the suffering damage they receive this compensation, not likely to build a home. This is also from monies remaining from the 2006 budget.

DECEMBER 2006 PDF REPORT ON WORLD OIL

http://www.newyorkfed.org/research/c...ues/ci12-9.pdf

CAME OFF THE FEDERAL RESERVE WEBSITE
HMMMMMMMMMM

AND IRAQ WANTS A PIECE OF THAT ACTION IN THAT REPORT!!

CHEERS TO RV BEFORE MONDAY PLEASE!!!

Help?
What ever happened to the 10,000 dinar handout?
Now there's a different 100,000 dinar handout for displaced families?
Does the new handout trump the old one that never took place?

Originally Posted by Dinar Duchess

Something seems to be different on the Warka Online Banking page. It takes you to https://www.warkaonline.com although the page wont come up.

Hi all

The site loads at my computer. However it seems to bee undr construction.

Take care
owejac.

Originally Posted by *CLEO*

Help?
What ever happened to the 10,000 dinar handout?
Now there's a different 100,000 dinar handout for displaced families?
Does the new handout trump the old one that never took place?

Yes, I'm confused by all the 'handout promises' too. Don't know what to think anymore!

Maliki : Bush plan must be integrated with the strategy of the Iraqi government
Baghdad - (Voices of Iraq)

He said Iraqi Prime Minister Nuri al-Maliki today, Tuesday, that the plan of President George Bush on Iraq, which will announce at a later date must be integrated with the strategy of the Iraqi government.
It is expected that the American President George Bush in a speech tomorrow evening, Wednesday, a new strategy for the war in Iraq.

Al-Maliki said in a meeting with the Qatari satellite channel "Arab" satellite today, "President George Bush must be integrated with the strategy of the Iraqi government."

The Iraqi prime minister last Saturday to start the implementation of "a more decisive" for the new security in the capital, Baghdad.
He said al-Maliki told "Arab" today that "the army and police, the security plan will be implemented together in the new Iraq."
Al-Maliki added, "We will fight with the outlaws law regardless of creed or religion or his party."

He said that "there is a political cover or promoted to those of the outlaws, and we have special methods must be ensured by the Constitution and the Anti-Terrorism Act, the Parliament and the government."

Al-Maliki did not reveal those methods.

ÇáãÇáßí- áÞÇÁ :: Aswat al Iraq :: Aswat al Iraq

This article has posted today, but this one has also a different piece of text regarding the CBI.


Finance Minister emphasized the need to adopt transparency in
the implementation of budget 2007
09 / 01 / 2007-14:09

The Iraqi Finance Minister Baqir Jabr Al-Zubaydi before the Iraqi parliament today, Tuesday, on the need to adopt transparency in the implementation of the budget for Iraq in 2007.

And the House of Representatives today resumed its regular legislative session in the second round after a quorum and the presence of the President of the Council, Dr. Mahmoud Almshahadani and a number of ministers. The meeting was devoted to the first reading of the draft law on the federal budget for 2007.

Zubaidi said in a speech that "there is a paragraph investment within this year's budget provides for the adoption of the Iraqi dinar basis in the 2007 budget."

The Iraq in the 2007 budget submitted by the government to parliament last month 41 billion dollars, an increase of $ 11 billion in the previous year's budget.

He added that the fee-Zubaidi exchange policy is the responsibility of the Central Bank for the first time dependent (Central) economic policy and the clear need for investment in Iraq.

He did not mention the Finance Minister that the political features.

..:: æßÇáÉ ÃäÈÜÜÜÜÜÜÜÜÜÜÜÜÜÜÜÇÁ ÈÑÇËÇ ::..


What are they trying to say here?

Do they mean that CBI is in control again!

That should mean that IMF Article VIII is done and CBI can determine their own course and policy!

That means they are able to change the exchange rate!

Thoughts anyone!