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10am, September 6th, 2012  


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Our Blog Posts
Do You Have To Be Smart To Be Rich?
If You're So Smart, Why Aren't You Rich?
Tidbit Rumors & Opinions - Post By Dinar Detectives
Blaino Posted by Junebug at Dinarian Chat Thurs. AM
Cruiser Update Blog posted at Intel4U Forum Thurs. AM
Get Team CC and Some Historian Notes Posted by Gwaithfoed3 at PTR
Cruiser's Blog Post at Intel4U Forum Thurs. AM
SWFloridaGuy Update - Post By SWFG Dinar Vets
BWM and Shasta7 Chat at 3SIntel Wed. Night
Wednesday Night Chat with Fresh in PeopleInvested Chat
The posts shaded in green are on our Iraqi News page
The below posts were in our 10pm email
Tidbit Rumors & Opinions - Post By Dinar Detectives
Could This Be The Golden Egg? Post By Campdav BondLadys Corner
News, Rumors, and Opinions in Dinarland Wed. Night
The IQD Team~~Highlights Summary Replay Conf Call Sept 4~~Latest Iraq Dinar RV News
Millionday, RobinRedHed and Fresh Wednesday Round Table Cha
The posts shaded in green are on our Iraqi News page
The below posts were in our 6pm email
BGG Wednesday Night Conference Call 9:30pm (ET)
Med & Member Chat - Post By GLK Dinar Speculator
Adam Montana Q & A Chat - Post By KCW Dinar Vets
Tidbit Rumorrs & Opinions - Post By Dinar Detectives
Wednesday Afternoon Dinar Chatter
Ray's Update "Print Error To Blame" - Post By Seetrader1 Dinar Vets
The posts shaded in green are on our Iraqi News page
© Copyright DRT Distribution, LLC All Rights Reserved

Do You Have To Be Smart To Be Rich? University Study Says No      By Will Chen

Next time you complain about being poor, don't blame it on your intelligence.

"People don't become rich just because they are smart," said Jay Zagorsky, author of a recent nationwide study on wealth and intelligence and a researcher at Ohio State University.

"Your IQ has really no relationship to your wealth. And being very smart does not protect you from getting into financial difficulty," Zagorsky explained.

If you're so smart, why aren't you rich?   By Philip Brewer

You don't hear it much any more, but for a long time, "If you're so smart, why aren't you rich" was a pretty effective line for the average Joe when dealing with somebody who was smarter than him.  The expression has kind of fallen out of fashion lately.  Nowadays, there are too many rich smart people.

The line worked because, for most of history, being smart wasn't really a big advantage in becoming rich.  Aside from things like inheriting/marrying wealth, or winning the lottery, there are basically two paths to wealth:

9-6-2012 Mountainman: Looking forward to Talabani's return and National Meeting.  Every day we're hearing the ministers are going to be announced.  They have been saying this for a long time but I think the no-confidence vote option is one that Maliki won't take. 

This is the real deal and when T returns, Biden will visit and help push this through. Parliament is also working hard on passing the oil and gas law. 

There was a rumor that they made a mistake with the printing of the LDs but that has not been confirmed and is hard for me to understand such a major mistake when this has been in the works for so long.  I think we're right on track and where we need to be.  Go RV!!

9-6-2012  BGG  From 3 sources, our next date for Talabani to get back is September 10th or 11th.   If Talabani is unable to return on the 10th or 11th, it is still all good for us.  Maliki has always known that he can only delay this some, there has always been an end date.  He either plays ball soon or they will move ahead to deal with him.
Update on the ADP Jobs report. 201,000 jobs added. That is ok. Nothing great, nothing bad.  UP a little. Private Sector Job Creation Jumps to 201,000; Claims Fall:

Currently ECB President is having his conference.

WOW. THE EURO JUST DROPPED OFF OF THE HIGHS( went negative). Investors do not to like what is happening with the ECB.

Will update later. Once the ECB finishes with their announcement.

ECB to Buy Sovereign Bonds in New Program to Save Euro:

What does this mean? That is the question. The ECB will squash its previous bond purchase program, known as SMP and start a new one MOT. The ECB will buy 1-3 year bonds (short term bonds).  There will be NO limit on the amount to be purchased.  This is still be analysed. Will update later on.

HISTORIAN starts at the 51 min. mark. Here are some notes.
GET call going on with Historian: Historian - old regime - see handwriting on wall. Notes by Kaycee:


[kktwahoo] Gut feeling when we will see change?
H:. When I've had a feeling or any kind of idea, it's not actually something I would put out.  Don't want to interfere
Seen some specific things that are out there.  Everything is in place
The reason they haven't done this is because of strategic issues

Waiting to remove the old regime IMO
I believe they would rather do it in a gentler way
I hear a lot from different sources
I listen to Drake - tried to validate him and he seems real

Gwaithfoed: Do you think there will be elections this year?

H.In order to go the distance in an election, people have to come out and represent this or that; I think that the post regime change and post rv will know what went on
I don't want to get into details.
They're getting into a sophisticated strategy.  you don't need to occupy the center
Things called checkmates and discover checkmates. things are getting set up
the longer it delays the worse it is for those who are choosing not to to go forward
There will be a lot of emotional and psychological disruptions

Don't think that there will be a lot of violence. some people may threaten that but I don't think that will happen. We have a nation of sheeple - huge wakeup call coming
A lot of the actual physical evidence is there; has been there a long time
You can find all the things you need in archives

Here we are, September 6th 2012 and we still have not seen our investment come to fruition. Who thought we would still be here waiting, I for one did not.

Finally, we will start to see movement. BOE has kept their interest rates at 0.5% (record low) and will continue its bond purchasing

The ECB will make some sort of announcement today on what they will do. Could it be another rate cut? Possible. Could they start a bond purchase plan? Possible. Could they do both? Possible.

China is talking about more stimulus .

Now this brings us to the United States. Tonight our President will speak and some think we will hear him talk of our investment. No way we will hear him say anything. Remember, THIS IS A PRIVATE INVESTMENT. Last night former President Clinton, talked about "Bill Clinton: Obama 'Laid the Foundation' for Millions of Jobs"     Why is that important?

9-6-2012 SWFloridaGuy (Part 1): How can the CBI revalue their currency 100,000%, what will the recovery duration be and and how will Iraq sustain this growth? This is the fundamental question, which goes to the very core of our investment.

The NID (new Iraqi dinar) has never been on par with the USD, only the old Swiss dinar (named after printing plates) held those levels and has long since been demonetized. In order for the NID to RV to equal to one US penny, they'd have to remove 90% of the IQD from their M2.

Half of their M2 is digital, which also convolutes matters. Iraq has $62 billion in currency with $100 billion in GDP which puts them at 62% of their GDP. The US has a $14 Trillion GDP and a M2 of about 10 trillion dollars. Iraq has a GDP of $100 billion and a M2 of 72 trillion.

shasta7: hello all.... how iz everyone tonight...

BWM: needless to say... it's been another one of "those" days...

BWM: Asells you know what they say... "if you can't laugh at the intel and articles, what have you got"

 jc2: BWM and Shasta7....lately I've been pondering the possibility of a straight up RI...being much easier to explain to the masses i.e. That was the rate before the invasion yada yada yada...your thoughts?

shasta7: jc2 .... I hear what you say... BUT Shabibi always said RV... & said highest rate in Middle East... I tend to believe him before others...

jc2: After all it is HIS currency

HeIsFaithful yup rofl

dietcokeandice: shasta7 so you think it is Iraq hands?

Wednesday Night Chat with Fresh in PeopleInvested Chat

Additional Analysis from Fresh in PeopleInvested Chat Wednesday Night:

[Fresh] they are talking about how all the central banks are gearing up for some sort of QE3 or stimulus that provides a lot of CASH into the markets and central banks... this move is scheduled for ANY time this month.. IMO - it could be QE3 or an RV ...

"Last week's OPEC production survey signalled continued over-supply, Russian crude oil production in August was the highest since the end of the Soviet Union , and Iraq has ramped up oil exports to the highest level in three decades, so there is plenty of oil in the market at the moment," he said. Fritsch believes oil prices are building up "correction potential" in the event that the central banks do not live up to expectations."

[sisterbreen] Fresh hope rv
[clay] Fresh well to have a stimulus u need money and IMF is about broke
[Fresh] clay exactly - so I love how they throw this part in the middle of the whole discussion...

The below posts shaded in green
are on our Iraqi News page
Ministry of Planning: UPDATE distribution mechanisms 25% of the excess oil on the citizens
09.06.2012 11:11 AM

Ministry of Planning announced the completion of the mechanisms to distribute 25% of the oil surplus to be distributed among the Iraqi people.

He said Planning Minister Ali Shukri said in a press statement yesterday that "the Ministry of Planning announced the completion of the mechanisms to distribute 25% of the oil surplus to be distributed among the Iraqi people." He explained that "the ministry is working to accelerate the implementation of the budget commensurate with the nature of the Iraqi economy in the next stage."


Tayeb: not heard Sadrist official position of Article 140 .. and Tamimi confirm: no effect on our relationship with the Kurdistan Alliance
09/06/2012 9:47 am

Revealed a spokesman for the Kurdistan Alliance supporter good for the formation of a committee to Article 140 elected spokesman Liberal block bright Naji Vice-Chairman of the Committee.

Tayeb added that the mission of this Committee in support of the State Committee for the implementation of Article 140. The MP said: "I have not heard an official position of the Sadrist movement on the non-validity of the application of Article 140 in the present time."

He continued: If there was a view of the Deputy of the Sadrist movement, it does not represent the opinion of the Liberal bloc as a whole, but he represents his personal opinion.


World Bank appoints new head of its expert economist
09.06.2012 11:25 AM

Economic / Buratha News: The World Bank announced on Thursday, for appoint "Kaushik Basu" as the new expert economist, an Indian citizen previously served as chief economic adviser to the Indian government, as quoted by local media Indian, and this is the second time that chooses the World Bank economists from Asia .. Where previously chose Chinese citizens Justin Lin, whose term expired last June 1.


Run on the west Exchange prepayment system and the Institute of Communications opens the door for admission

Accomplished technical and engineering staff at the General Company for Post & Telecommunications / Directorate contacts and mail Maysan work to insert switches on the western prepaid IN and add code 133 private complaints and re-work toll free 108 and 109 for the purposes of free screening self Besides the collection of more than six million dinars for premium Dial government and the provincial and districts, counties affiliate and monument 23 landline citizens and telephone government in the area of maintenance and repair enables workers Directorate same repair and maintenance 32 split with the replacement of facial Operator central and repair Ardtin the optical cable to the path architecture - blew for a distance of 16 km and extending optical cable for a distance of 50 meters and casual Architecture - Ali eastern and replace cable damaged for a distance of 10 meters and in another context opened the Higher Institute of Post & Telecommunications doors to welcome new students graduated from junior high school for the academic year (2012/2013 and the previous year 2010/2011 for the branches of scientific, literary and commercial and on this occasion calls for management of the Institute who wish to apply for admission to the next to the garage-based Alawi For admission requirements and to obtain an application form. Department of Public Relations and Media General Company for Post and Telecommunications


Najafi and Maliki agree on defense and internal candidates and resolving differences 
Thursday, 06/09/2012 09:15 am

Baghdad / term : presidents agreed Minister Nuri al-Maliki and parliament speaker Osama Najafi, Wednesday, appropriate candidates for the post of Defense Minister and submitted to the Prime Minister as soon as possible, while stressed the need Arbitration Constitution and use dialogue to resolve all disputes,

And non-interference in the affairs of all countries, especially countries neighboring, in the second meeting brought together by less than ten days.

said a statement issued by the office of Prime Minister Nuri al-Maliki, yesterday, and received "term", a copy of which, "The Prime Minister received his official office House Speaker Osama Najafi, "noting that" During the meeting, they exchanged views on various domestic issues and conditions of the region, especially relations with neighboring countries. "


Conflicting government positions on the application or reject the law of customs tariff
Thursday, 06/09/2012 07:34 am

Baghdad / bright Asadi : conflicting views and interpretations about the law of customs tariff between pro and exhibitions, among sees the application of this law in the interest of the citizen and the state alike, and prepared is influential in the prices of goods and thus their negative impact on the citizen directly in the face of limited income Avg.

And between this and that, we do not find a position seriously the government in direct implementation or non-implementation of this law, so it was postponed for three times "so far" was most recently approved by the House of Representatives in its usual number (27) and held on 26 June, of a bill postpone the application of the law of customs tariff until check conditions for its application.


Deletion of zeros between the difficulty of actions and aspirations of specialists
Thursday, 06/09/2012 06:50 am

Baghdad / Hossam al-Saadi : lot of talk about restructuring the national currency after deletion of zeros three of them and fill the ideas of economists and financiers, government officials and concerned at the central bank, but has not yet everyone agrees time limit for its implementation, some felt that the moment is not ideal for the application of Thus, a project to increase the export of oil, as well as a financial cover of the Iraqi currency exists as cash reserves with the central bank, are all indicators make it essential to implementation of the project to delete the zeros in the next year.

Important that the security and political situation remains unstable in the country, and the other goes to the implementation at the beginning of next year to reduce the money supply in the domestic market and to facilitate the operations of statistics and mathematics, among others.

The experts agreed and a number of deputies in an Tbarham (range) that the draft deleted three zeros from the currency much, and is the restructuring of the national currency, but they disagreed on determining the appropriate time to implement it.


Decision to delete the zeros from the currency .. Ink on paper
September 6 2012

Long ago, announced near the implementation of the decision of the deletion of three zeros from the Iraqi currency, and that the project will be launched early next year and will continue for two to three years. He then appeared other comments announces lingered government to the implementation of this resolution and postponed to another date ..

So is the project will remain a dead letter, as described by the Deputy Director of the Central Bank of the appearance of Mohammed Saleh? .... And received the decision to delete the zeros from the Iraqi currency a lot of opinions pro and con, there Economists believe that the decision will lead to the collapse of the national currency and see some last he would return to the country benefit the country It is unfortunate patient in its implementation because it is a joint venture between the government and the central bank. As long as the government seeks to postponed due to security concerns, it can not be implemented in this year or the year after that - according to deputy director of the Central Bank - Timing is very important in this case is also implemented, they must coincide with the beginning of the fiscal year, so you will not find space for implementation inevitably through this year ..


Kuwait Takdugod acceleration in resolving many of the outstanding issues with Iraq
September 6 2012

BAGHDAD / Conference: The head of the Presidium of the Republic Naseer al-Ani, the Iraqi people aspire to remove the obstacles that stand in the re relationship with Kuwait, in what was considered the Kuwaiti ambassador to Baghdad that a major breakthrough seen relations between the two countries, confirming the presence of an acceleration in resolving some of the outstanding issues, especially the missing Kuwaitis and Kuwaiti archives .

said the presidency in a statement issued yesterday that �President of the Presidium of the Republic Naseer al-Ani, received in his office, Kuwaiti Ambassador to Iraq Ali believer�, indicating that �they discussed prospects Iraqi-Kuwaiti relations and ways of developing and escalating rates of resolving the outstanding issues�.


Member of the Economic Commission: Survey issuing import licenses with the Ministry of Commerce in both Arabic and Kurdish will achieve justice among all traders
Thursday 09/06/2012 Print Article

BAGHDAD - A fraternity: According to a member of the Economic Committee MP / National Alliance / Amer Al-Fayez, that the unification of import licenses and inventory released Ministry of Commerce will achieve justice between merchants and supporting the national economy.

Fayez said the unification of import licenses issued centrally from the Ministry of Commerce will achieve justice among traders noting, that this procedure would impose a fee Neutral on all traders wherever they are.

Said: that all traders will be issued licenses from the Federal Ministry of Trade exclusively in Arabic and Kurdish.

The below posts were in our 10pm email
9-5-2012 LoriC: There are a lot of rumors out there right now but not too many that I believe. I think we're still waiting for the National Meeting and Talbani to recover.

I think the US delegation will arrive as soon as he does also. I'm concerned that his health may be worse than they are letting on but he's still supposed to return soon.

 I think as soon as he does things will turn in our favor very quickly. The GOI is working on the HCL draft and nominating the Defense Ministers so they will be in a good position once the President returns. It's taking longer than we want but I think we should be very hopeful about a resolution soon!!

There seems to still be some concerns and questions about the tax owed or not owed on the Iraqi Dinar after the revaluation and cash exchange -  We post this for you - our readers for information purposes only - Please seek your own trusted professionals to assist you  in your decisions -

 Please understand and be clear  that it is NOT the  responsibility of Dinar Recaps to "interpret" - prove or disprove the information that is posted  from the various forums and chat rooms -  Perception - Interpretation and  Validation of all posts are the sole responsibility of the reader  - Recaps Team

Could this be the Golden Egg and the end of attention on what to do post RV with the IRS or more hoopla, you be the judge Today at 6:38 pm

Campdav    ADMINISTRATOR - BondLadys Corner


[WCW] composer55 yes i know last week everyone was hearing the same intel from differant sources and this week nobody has heard anything and saying its done and waiting on okie but no time frame when that will take place the date s out there ndon t mean anything we wait

[cowtown333] ok my 2 cents, something okie said i saw on recaps is that he may break his nda... its a contract that works both ways btw, his decision to release himself could be without repercussions if they wer not feeding real info without harm, however if they did give real info then he would still be toast

[joannc1] cowtown333 yes, especially if the "bank codes" are no longer in effect...broken contract so he'd be free, but he still couldn't divulge anything that would break other laws, as in disclosing the rate and date, if in fact he was privy to that information.

[best1154] joannc1 true we have all had to forage for intel, and not get rocked when something said does not pan out, what i find myself doing is finding out why it didnt happen, and take it from there with love

[cowtown333] joannc1 agreed the question i have if it was being decided monday ... at least give us the decision one way or the other??? i feel thats most peoples prob with okie, not him or even the info its the lack of follow through, at least it is for me

The IQD Team
Investigate, Question & Deliver
Tuesday, Sept 4, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  Sept. 4,  2012

760-569-7699   Pin 769478#

Recap of the News tonight & analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following are just a few Highlights)

CBI/ECONOMY - Highlights

"Kuwait confirms an acceleration in resolving many of the outstanding issues with Iraq"

"a major breakthrough seen relations between the two countries explaining that is was resolved many of the files, the most important issue of sovereignty."
Great update and as we have discussed many times we know they are done except for the announcement from United Nations.........talking and getting rid of all of the paperwork and the things they need to we have said in the past, as things start to move with the government - things will happen quickly and you will see 5 or 6 things happen all at once the government is fully formed. Remember as we have said many times, this is NOT event driven or date driven...(more on the recording)

"Central Bank announces the success of the first phase of the plan to increase the money banks"
We like to see the banking system get healthier and better and remember it was not that long ago that we read that they were increasing the capital - wanted to increase the capital for fractional banking - that you have to put up so much money and have to have so much money in reserves in order to do this and they have achieved Phase I.....150 billion dinars....not only was this a requirement for them it was a requirement from IMF for international banking standards that they have banks that can be trusted - that they can have capital and they can stand on their own

Millionday RobinRedHed and Fresh Wednesday Round Table Chat: 

** Be sure to join our daily chats at 6:30 PM EST and our Round Table Chats every Monday, Wednesday and Friday at 1PM EST at **

[millionday] Transfer the Kuwaiti ambassador to Iraq Ali insured greetings of the Emir of Kuwait and the Crown Prince and Prime Minister to President Jalal Talabani, wishing him back safe and sound from a treatment trip. This came during a meeting with President of the Presidium of the Republic Naseer al-Ani, the official office of the Kuwaiti ambassador and his entourage. The presidential statement said on Tuesday: that the two sides discussed the prospects of Iraqi-Kuwaiti relations and ways of developing and escalating rates of resolving the outstanding issues between the two countries.

[millionday] The statement added: that Issawi praised the role of the Kuwaiti ambassador to strengthen relations between the two brotherly peoples, pointing out: that the two countries along to each and linked by connections clan and family rooted, stressing: that the Iraqi people aspire to remove all obstacles that stand in the back and ties the relationship between the two peoples.

[millionday] so this is the meeting to end the kuwait issue

The below posts shaded in green
are on our Iraqi News page
Kuwaiti Prime Minister to visit Iraq soon
05/09/2012 12:37 am

Insured: heading to resolve the remaining pending issues

BAGHDAD - morning: In time revealed parliamentary source close visit of Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah to Iraq, said Kuwaiti Ambassador to Iraq Ali insured orientation to resolve the remaining pending issues. Source said parliament's "Center Brief for the Iraqi Media Network": that "the next term witness visit holy to the country, where he will meet Prime Minister Nuri al-Maliki and will hold a meeting of the Higher Committee problem between the two countries, in addition to search files remaining outstanding. "witnessing Iraqi-Kuwaiti relations are positive developments as it announced Kuwaiti Ambassador to Iraq Ali insured recently his country's determination to open consulates in cities of Erbil and Basra as well as the offices of the embassy in the number of Iraqi provinces, and confirmed that the Kuwaiti side touching seriousness of the Iraqi government to close the outstanding issues between the two countries since the nineties of the last century. as an official source at the Ministry of Foreign Affairs of Kuwait that is currently preparing for a visit by Mubarak to Iraq.

The below posts were in our 6pm email

BGG Wednesday Night Conference Call 9:30pm (ET)

Streaming Call Tonite Wednesday Sept 5th, 8:30pm CST with BGG and guests

Just click on the "Straight Talk Radio" banner at and listen. 

Med & Member Chat - Post By GLK Dinar Speculator

[stlou] so it comes down to the REFORM PAPER.. the paper written by the NA..


[stlou] already okey-dokeyed by the list, the kurds yes..I agree Med


[stlou] which the US does not want


[stlou] exactly

Adam Montana Q & A Chat - Post By KCW Dinar Vets

[Adam Montana] Well, we're here! It's September 5 and this is the month that they said was going to be the big one! I've been looking and searching and hunting and I can't find ONE reason why they can't do this now

[Adam Montana] the only thing that bothers me is that they haven't made any peeps on the new currency in a couple months in fact, they have said that they may not want to do it in 2012... which makes sense if they WERE going to do it in September like they originally announced

[Adam Montana] I'm not here to try to talk in circles, but this is a little confusing first - if they are truly going to POP this RV this month, they aren't going to announce it - it's just going to happen today, tomorrow, next week - I don't know, and neither does anyone else

Tidbit Rumorrs & Opinions - Post By Dinar Detectives

9-5-2012 Easyrider: They (CBI) have also alluded to coming out at a stage rate and the dinar gradually increasing a stage rate would most likely make sense to come out at around .86 and let the markets drive it up to above or at par with the U.S dollar.

A RD at 1:1000 dinar would not make much sense what does that do for the people? once the people know they have value around the dollar it will drive the dinar up quick because they will start using the dinar instead of the dollar.

Thats the ultimate goal for the CBI to get the citizens trusting the banks and use their own currency also like Kaperoni said on his CC the gold coins are assurance that if the citizens are reluctant on using the banks right away and putting their money with them they can exchange their dinar for gold coins that way they have real value not just in paper but gold as well.

Wednesday Afternoon Dinar Chatter

[redhead1] Wanted to check with you all and find out if you thought Footforward's post on Dinar Recaps was good and correct. I personally was encouraged after watching none of Okie's predictions come true yesterday - I stayed up and watched until about 1 last night to make sure. George - come home!!!!!

[NuffSaid] redhead1 good morning. just curious why you are encouraged that none of Okie's predictions came true?

[redhead1] My friend in Dallas works in the same office building as George Bush's office and sees him often on the elevator - she said she is going to wait for him today and ask him about the Dinar - not that I think he will tell her.

[redhead1] Nuffsaid - sorry - I apparently wrote it wrong - I was encouraged when he posted and kept thinking something would happen yesterday and then again - it did not - I wanted to give him the benefit of the doubt.

[redhead1] Guys - I always enjoy the early morning chats but if this storm is really turning back on us - I have to go get ready - I will let you know if she talks to Bush.

[deb2blessed] cruiser..good morning...sure could use some good news! :-)

Ray's Update "Print Error To Blame" - Post By Seetrader1 Dinar Vets

"Good morning everyone. Since Steve is still in the middle of the ocean, I am making this post today. I know a lot of you were disappointed when September 1 came and went with no RV. I was too. I was able to get in touch with some of my contacts today and have the following information for you.

Shabibi had a press conference and explained to all the people what happened. When the banks went to open the boxes to get the new dinar out and get ready to start exchanging for the old dinar, they discovered a printing error.

The printer used the wrong art work and printed the currency without the kurdish language on the currency. The kurdish government came unglued when this was discovered. It only had english and arabic on it and not the kurdish language too.

The below posts shaded in green
are on our Iraqi News page

Preparations for a meeting to pass the oil and gas law

Preparations for a meeting to pass the oil and gas law  05/09/2012 06:13 AM

BAGHDAD - A follow-up of the East: affirmed the decision of the Commission on oil and gas and parliamentary readiness to hold intensive meetings in order to pass the law of oil and gas. .

Kassem said Mohammed Mchkta: There is an agreement between the national and Kurdistan alliances to pass the law since 2007, but the differences and interpretations led to the suspension of the law, although submitted to the State Council. . Confirming the presence of a positive movement towards legislation law of its economic importance.

He added: Although long period of time but that the Parliament did not succeed in passing the law, but we are determined to pass format final accepted by all parties, after giving Presidency of the Council of Representatives to form a joint committee of oil and gas and legal to create a draft as a basis for discussion. .  

Anbuge likely application of the deletion of zeros early (2015)
05/09/2012 1:14 am

BAGHDAD - morning: Likely economic advisor to the Prime Minister Hussain Al-Anbuge, the implementation of the project to delete three zeros from the national currency in early (2015) because it is an important project and needs for a period of time sufficient and appropriate security conditions for its application.

He said Anbuge: The Council of Ministers decision to wait in the project to delete zeros to notice a clear and explicit, but the central bank for reasons unknown to everyone Egypt to implement the project early next year is not afraid of its negative consequences may occur when the application project in (2013).

Appearance of favor: the weak economic situation and diversification cash reserves of 90 billion dollars

Appearance of favor: the weak economic situation and diversification cash reserves of 90 billion dollars 12:38:25 09/05/2012

PUKmedia Azad Ahmed / Baghdad: Deputy Governor of the Central Bank of the appearance of Mohammed Saleh said that the central bank reserves up to $ 67 billion, pointing out that Iraq reserves all foreign exchange, pointing out that the cash reserves of the Federal Government and Central Alnbug estimated almost ninety billion dollars.

Saleh added that the economic situation in Iraq is weak because the economy diversification mono and only depends on oil, pointing out that to be providing multiple alternatives and invest in it, because the mono economy is affected by fluctuations in oil prices and external factors.
Click for Link

Maliki and Najafi agree on appropriate candidates to the Ministry of Defense and resolve internal differences through dialogue

Maliki and Najafi agree on appropriate candidates to the Ministry of Defense and resolve internal differences through dialogue Wednesday, September 05 2012 - 11:31

(Alsumaria News) BAGHDAD : presidents agreed Nuri al-Maliki government and the House of Representatives Osama Najafi, Wednesday, appropriate candidates for the post of defense minister and submit it to the Prime Minister as soon as possible, stressed the need for arbitration Constitution And use dialogue to resolve all disputes, non-interference in the affairs of all countries, especially neighboring countries, in the second meeting brought together by less than ten days.

A statement issued by the office of Prime Minister Nuri al-Maliki, today, and received "Alsumaria News", a copy of which, "The Prime Minister received his official office House Speaker Osama Najafi," noting that "During the throw to exchange views on various domestic issues and regional situation particularly relations with neighboring countries. " 

Vice chest reveals opposition forces Arbil agreement on coordination within the parliament to legislate laws

Vice chest reveals opposition forces Arbil agreement on coordination within the parliament to legislate laws  09/05/2012 9:29 am

MP for the Liberal block of the Sadrist movement Prince Kanani for a new agreement between the opposition forces of Arbil on coordination within Parliament regarding legislation, declaring that he "had been agreed on two first preserve the resources of the state and the second to preserve democracy.

Said Kanani told all of Iraq [where] today that "the Sadrists and the Iraqi and Kurdistan Alliance agreed on coordination within the House of Representatives on ă���Ő legislation was agreed paragraphs first to maintain the country's resources and the second non-legislation any law affecting democracy and political life in Iraq."

On the issue of questioning of Prime Minister Nuri al-Maliki said Kanani "this topic on other either block-party free decreed the private road map and when Amatrah this topic vote bloc."  

Presidency of the parliament: more than (125) deputies absent

Presidency of the parliament: more than (125) deputies absent  Wednesday 05/09/2012 09:33 am

Baghdad / Mohammad Sabah : revealed Presidency of the Council of Representatives for the Iraqi List, more political blocs for attendance at meetings of the House of Representatives, pointing out that Alqtoat salary ongoing and has not interrupted at all. explained that here a certain number of deputies on absenteeism and numbering between eight to nine members and permanently and continuously at every meeting. "while between a coalition of state law," said the real number of absentee at each session up to (125) deputies out of (325) deputies, pointing out that these do not represent the people, but their parties. "

To the Kurdistan Alliance called on all political blocs to address this negative phenomenon and the need to attend all the members of the House of Representatives to meetings. 

The international agency adopts the development of the financial sector in the country

The international agency adopts the development of the financial sector in the country  Wednesday 05/09/2012 07:48 am

Baghdad / term : Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, to complete the study of the economic and technical feasibility of the project fragmentation of the financial payments system by issuing credit cards and adopted by the United States Agency for Development to develop the financial sector in Iraq.

Saleh said in a press statement that the project development and the development of the financial sector in Iraq came through assistance from USAID to facilitate the trading of financial payments through credit cards, managed by specialized companies, 

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