Thread: Phone Call From A Freind.....

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Originally Posted by Inscrutable

Actually, MENAFN picked it up from Iraq Directory so it's not their exclusive and if I recall Iraq Directory is owned and operated by the same owner as IIF.

Translated version of http://www.iraqdirectory.com/DisplayNewsAr.aspx?id=3291

2007Source : KUNA-28 / 02 / 2007
Khalilzad welcomed the ratification by the Iraqi government to S44 n the national oil and gas
اkhalilzad welcomed the ratification by the Iraqi government to S44 n the national oil and gas


The American ambassador in Iraq, Zalmay Khalilzad, MI because the Iraqi government to the oil and gas as " an important political achievement "and expressed the hope that the longer this Alcan won "the main pillar of the National Pact, which was adopted by the Iraqis.

He said in a statement that "leaders who represent all segments of a the Iraqi society proved they are capable of work that Cries to solve the difficult issues of vital importance Hello national. "

He said it is "possible to achieve the National Charter (of interests national e) if completed, will similar solutions on the felt before the eradication of the Baath and amending the constitution ".

He praised the American ambassador to the Committee on Energy told the Council of Ministers headed by Deputy Prime Minister Barham Salih and with the participation of ministers of oil, planning and finance and justice electricity and Governor of the Central Bank and others and said that s Unwin oil, which contains firmly committed to participate P j revenue among regions and provinces "confirms reaffirms that the oil and gas resources belong to all the people Iraq. " Under this law, all proceeds from sales of oil "will go to the expense of a national one."

He also pointed out that the representation of all regions and recognized in Fadat in the Federal Council of oil and gas, which is a of the major industry energy policy in the country. The Iraqi governorates receive shares directly from Abu And therefore there will be increasing local control financial resources. The law of international standards for transparency including the public disclosure requirements of the contracts and the returns Mairafqaha payments also defines the role of the Ministry of Oil as organized first as is the case in general in the pain other attended. The draft legislation this legal framework to allow international investment in the oil and gas sectors in the Iraq. Khalilzad said he "will be on the House Iraqi ratification of the draft legislation this when he returns from waned e clearance. " Because of the representation of parliamentary blocs in the President a the ministers, there has very high expectations to become a draft legislation to this law the country's oil will not be impaired Alberlm that discussion.

And through the American ambassador expressed his belief that the leaders of Iraq they know that achieving progress on the political level and they take difficult decisions, it was essential. It was of the view that this is the first time since 2003 that followed Afterward which all segments of Iraqi society President on T. Cheria important this.

Originally Posted by ATMCSMD

You know what I would like to see on this forum....the greatest dinar forum on the web? I would like to see credibility measured based on info that is either verfied or comes to pass....not by how long you have been a member or how many news articles you've posted or how many times you've been thanked or what color your woot is. I would like to see those that have sources attempt to provide some sort of proof that they have sources by asking their sources to provide information on some kind of meaningless, non-critical information that has not been made public yet so that when it does come out we can say..."Yep...that person has a legit source."

Great post! And from a newbie no less! (note my sarcasm here)

I agree, new or old, people should not be "rated" based on how long they've been here or how many posts they've made. Granted, some newbies only sign up to cause trouble but the majority do not. And, i'm not saying to get rid of the join dates or thanks or thanked times. Is there a better system? Maybe. probably. I haven't seen it. Anyhow, we all want the dinar to appreciate to higher levels (hopefully to 1:1 or more!) and that's the most important thing.

Originally Posted by screwball

Unfortunately frathousemicrowave i have done more research on this then you every had. As far as the Iraqi government is concerned they cannot be trusted. Smoke screens are everywhere. i dont trust anyone and this comes from dealing with on a day to day basis murderers, rapists and liars. As far as deception is concerned i can pick it a mile away.

They will not give away their position, it will rv when they are ready and when it suits them. You obviously dont have to be a brain surgeon to see what is going on! But may be if you were you would know!!!

From this post I'm sure you think you have done more research than every one on this forum combined. So, I would like to thank you for being here to make sure we all get the answers we are looking for. It's clear now that you are THE smartest & most informed member here & how any one can go against one of your posts is beyond be, I think any one who disagrees with any of your posts should be banned at once. One point you made in this rude post was that there are smoke screens all over the place, how is that different from what my post said? Thats it for now mr big time researcher, get over your self champ!!!!

Originally Posted by bambiebdgrl

First and for most this is "the greatest dinar forum on the web"!! We have to remember that this is a rumor section, and most of the posts are from resources, that are either on the ground, (boots) or they hold a position that is sensitive. WE are very lucky to get the information that we receive, and to compromise the security/safety of these people is irresponsible on our part. Lets just be grateful that these people are willing to share with us.
Leann

Exactly how would this happen? Remember, I said meaningless, non-critical information precisely for this reason. Of course I wouldn't expect a source to spill the beans over something that could be detrimental to them

Originally Posted by neno

$3.22 was previous before Sadam Era. Now Sadam's currency was hicked to $3.84 at one time. So Previuous means before Sadam;

Also the $1.29 is low, considering that in 1982 a barrel of "OIL" cost $10.00. Now go figure the possibillity's.

Are you sure that it was before Saddam? I thought that even during Saddam it was high...until the Gulf War when Saddam showed his "true self" to the world. Wasn't it after the Gulf War it became around 30 cents? And before that (but Saddam being in power) it was much higher...?
/Karin

Originally Posted by karinc

Are you sure that it was before Saddam? I thought that even during Saddam it was high...until the Gulf War when Saddam showed his "true self" to the world. Wasn't it after the Gulf War it became around 30 cents? And before that (but Saddam being in power) it was much higher...?
/Karin

I believe before Sadam it had been at $4.80ish

Originally Posted by karinc

Are you sure that it was before Saddam? I thought that even during Saddam it was high...until the Gulf War when Saddam showed his "true self" to the world. Wasn't it after the Gulf War it became around 30 cents? And before that (but Saddam being in power) it was much higher...?
/Karin

1932 Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86. 1932–1949
1949–1971 Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971. 1959–1967 Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967. 1971 One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began. 1973 Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39. 1980 It remained at this level until the outbreak of the Iran-Iraq War in 1980. 1982 In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt. 1988 In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate. 1986–2003 1986–2003 between .33 cents to 1.32 to a dollar. 2001 Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.) 2002 GDP: purchasing power parity — $58 billion (2002 est.) 2002 Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002) 2003 In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027. 2004–2005 August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.) 2006 As of Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$$0.00067.

Originally Posted by Offshore-Wealth.com

1932 Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86. 1932–1949
1949–1971 Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971. 1959–1967 Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967. 1971 One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began. 1973 Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39. 1980 It remained at this level until the outbreak of the Iran-Iraq War in 1980. 1982 In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt. 1988 In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate. 1986–2003 1986–2003 between .33 cents to 1.32 to a dollar. 2001 Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.) 2002 GDP: purchasing power parity — $58 billion (2002 est.) 2002 Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002) 2003 In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027. 2004–2005 August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.) 2006 As of Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$$0.00067.

Cool OSW! I was just reading that and about to post...great minds...

Originally Posted by Innkeeper1

please just post the info on the forum lets not start secret information pm clubs... unless you include me..lol

Secret rumor information?? I understand the last 20 posts - we all wanna hear but come on, are we in high school??


You got something to say, say it. Otherwise we'll all hear about it 30 minutes later.

Seriously, what's with the secrets and private clubs and all? I'm here because i have Dinar and wanna see 1 Iraqi Dinar worth $1 -3 USD. Is that good enough reason to read about what somebodies cousins friend heard from his sisters boyfriend in Iraq? Are anyones sources actually semi informed as to whats going on? Anyone have first... or even second-hand info?