Adam Montonna has one of the fastest growing Dinar investing networks and the largest following when it comes to an Iraq Dinar news. Adam has a way of commanding the attention of his audience and he has given me the unique opportunity to host a Dinar Speculation Live Call.
I just locked in 50 lines so space is going to be very limited to those who dial in early.
THIS CALL WILL BE PACKED SILLY So Get There 15 Minutes Early – IF You Get There By The Time Of The Official Start Time YOU WILL BE TOO LATE!!
Here is the info:
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Notice: Anyone of these details can change as per
the discretion of Admin
Time & Date: Feb 2010, actual time to be announced
Dial: TBA
Free Access Codes: Too Be Announced
(You could be bumped off if you show up by the time the line is almost full using a free code)
VIP Access: For Everyone Who Purchased Adam’s Hot New Ebook
and VIP Access To All DrDinar VIP Members GAURANTEED Access**
**if you dial in before the start time of the call
http://DrDinar.com/Adam-Montannas-Ebook (includes VIP)
Elite Access: DrDinar Elite & Elite Pro members will be recognized
for making these calls possible along with GAURANTEED Access***
***CHANGES TO ELITE ACCESS sorry there will be not 5 minute late window for Elite
All elites are gauranteed to be on the call even if its packed but you
must show up by the start time of the call, not up to 5 minutes late like
I offered before. Reason why is I will be the host and the moderator so I
Once the call starts on the hour I cannot take care of late comers. This will be a
BIG call, get there early!
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If you are not yet a VIP member lock in your gauranteed access to this incredible call by showing Adam Your support and purchase is ebook right now! I read it, it’s great, everyone seems to just love the book.
http://DrDinar.com/Adam-Montannas-Ebook
Jennofer I haven’t heard a thing, I wonder if the call even went through. Darren always post something the next day to let us know how the chat went, but nothing.
Johnny> They had their call and it is briefed in the next (more recent post.)
Jennofer, thanks
Sad news about the big oil corporations.
Interview – Confessions of an Economic Hit Man – Part I
http://www.youtube.com/watch?v=yTbdnNgqfs8
I come up with proof 98% of the time, thank you for being one of the
ones that show faith!
Here’s the post about it:
http://dinarspeculation.com/2010/02/24/new-imf-arrangement-for-iraq/
And here’s the proof that I promised:
http://dinarspeculation.com/files/IMF_press_Release_new_standby_agreement_Iraq.pdf
DinarSpeculation.com
S T R A T F O R
GLOBAL INTELLIGENCE
Iraq: Shiite Party Backs Oil Deals
February 17, 2010
Ammar al-Hakim, leader of Shiite political party Supreme Islamic Iraqi Council (ISCI) said it plans to honor recently signed oil deals, Reuters reported Feb. 17. Al-Hakim said the ISCI considers the multibillion-dollar agreements signed by Iraq after the 2009 contract auctions are “a step in the right direction.”
Iraq: Violence Could Increase After Elections – U.S. General
February 19, 2010
The time between Iraq’s March 7 elections and the seating of the new government could be dangerous if sectarian violence is reignited by a disputed vote, U.S. Brig. Gen. Kevin Mangum said Feb. 19, AP reported. Mangum, who oversees the U.S. position in eastern Baghdad, said sectarian strife after the elections is a big concern. Noting an uptick in attacks, Magnum said,”There have been a number of reported assassination attempts,” and a recent increase in the number of “sticky bombs” – explosives attached to vehicles – targeting Iraqi security officials.
Iraq: Sunni Bloc Boycotts Vote Over Iran Interference
February 20, 2010
A major Sunni bloc said on Feb. 20 that it was boycotting Iraq’s March 7 general election because of Iranian interference, AFP reported. Saleh al-Mutlak, leader of the National Dialogue Front and a leading Sunni MP banned from the election, confirmed its candidates would not contest the poll. Mutlack’s decision opposes statements he made on Feb. 15 when he said a boycott was not the solution. Voters indicated the boycott would not stop them from voting for former Prime Minister Iyad Allawi.
Iraq: Security Forces Prepared For Elections – Minister
February 22, 2010
Iraqi Deputy Interior Minister Lt. Gen. Iden Khalid, who is in charge of security for Iraq’s upcoming elections, said Feb. 22 that a curfew will be imposed curfew between 10 p.m. and 5 a.m. from March 6 to March 8 across Iraq, Reuters reported. Khalid also said movement by air, sea and land between provinces will be restricted from March 7 to March 8. Vehicles will be banned from traveling within city centers and districts. Banned vehicles will include trucks with a capacity of more than one tonne, animal-drawn carts and motorcycles, Khalid said. He added that the Interior Ministry will have hundreds of thousands of troops and the army will have 14 divisions, which should be enough to provide security during the elections.
U.S., Iraq: Only Serious Security Issues Can Slow Withdrawal
February 22, 2010
U.S. Secretary of Defense Robert Gates said Feb. 22 that only serious security deterioration in Iraq could slow the planned U.S. withdrawal, and that he does currently not see such a deterioration occurring, Reuters reported. The top U.S. commander in Iraq, Gen. Ray Odierno, said Feb. 22 that he expects U.S. troop levels to be reduced to 50,000 by the end of August, from the current level of 96,000. Odierno also said that if security deteriorates following parliamentary elections in March, U.S. forces may remain at a higher level, but that Iranian interference is unlikely to delay a U.S. withdrawal.
Iraq: No Sectarian Conflict In Future – VP
February 23, 2010
Iraq will not fall back into sectarian conflict, and conflicts are among the political elite, rather than average citizens, said Tariq al-Hashemi, Iraq’s Sunni vice president, reported Reuters on Feb. 23. However, he said, security is fragile and the situation must be handled carefully. Al-Hashemi said he was concerned about some contracts signed in 2009 with foreign oil companies in two oilfield auctions because of what he called legal loopholes. He said he approved of Iraq opening up to foreign investment, but that oil wealth should not be exploited for too long a time. He gave no other information.
Iraq: Najaf Governorate Signs Oil Deal With Iraqi, Korean Companies
February 24, 2010
Iraq’s Najaf governorate has signed a memorandum of understanding with Iraqi and Korean companies for an oil investment project worth more than $22 billion, Gov. Adnan al-Zarfi said Feb. 24, Aswat al-Iraq reported. Al-Zarfi said the project, which must be approved by the Iraqi oil minister, is expected to produce 400,000 barrels of oil per day, providing $400 million a year to the Najaf governorate.
Iraq: Al-Sadrists Likely Biggest Winners In ISCI Bloc
February 24, 2010
Unnamed Islamic Supreme Council of Iraq (ISCI) officials are saying that Shiite leader Muqtada al-Sadr’s supporters are likely to win the biggest bloc within the Iraqi National Accord (INA) party, that Iran is throwing its weight behind the al-Sadrists and that ISCI will try to prevent them from controlling the INA by allying with smaller groups, AP reported Feb. 24. Also, both al-Sadrist and ISCI officials reportedly are floating the names of Ahmed Chalabi and former Prime Minister Ibrahim al-Jaafari as candidates for prime minister.
Iraq: Lawmaker’s Party To Participate In Election
February 25, 2010
Iraqi Sunni lawmaker Saleh al-Mutlaq said on Feb. 25 that he will allow his party to participate in the upcoming election, and encouraged all Iraqis to participate, AP reported. With ally and former Prime Minister Ayad Allawi by his side, al-Mutlaq said his party “decided not to give the liars a chance.”
Iraq: Move Could Be Beginning Of Fraud – Party
February 25, 2010
The Kurdistan Democratic Party in Mosul, Iraq, on Feb. 25 said it was concerned about fraud in upcoming elections in the province, after the Electoral Commission decided to transfer the warehouses of the logistics materials required in the voting process, to the city of Mosul, Al Sumaria News reported. A party official said the transfer could be the start of forgery and manipulation of the Electoral Commission’s property. Earlier in the week of Feb. 22, the commission said voter papers, voting boxes and other materials would be moved.
Iraq: Turkey Warned Against Interfering In Elections
February 25, 2010
The Kurdistan Democratic Party warned the Turkish Consulate against interfering in upcoming Iraqi elections, Alsumaria News reported Feb. 25. A spokesman for the party said there is the possibility of fraud in the Nineveh province region and that the Turkish Consul has been visiting the Nineveh elections office. He warned the consulate against “meddling.”
Brief: Iraqi Sunni Party Will Run In Elections
February 25, 2010
Applying STRATFOR analysis to breaking news
Saleh al-Mutlaq, leader of the Sunni political party the Front for a National Dialogue, reversed his decision to withdraw his party from March 7 parliamentary elections after he was banned from running by the Shiite-dominated Justice and Accountability Committee due to his alleged Baathist ties, AP reported Feb. 25. The Front for a National Dialogue is a part of the Iraqi List, which is a non-sectarian Iraqi nationalist coalition, composed of both Sunni and Shiite parties and headed by former interim prime minister Ayad Allawi. Al-Mutlaq is likely to hit a blow into Prime Minister Nouri al-Maliki’s State of Law coalition, which also claims to be a non-sectarian political faction. The groups headed by Allawi and al-Maliki are competing to position themselves as centrist political forces that pursue an Iraqi nationalist agenda as opposed to a sectarian one. But al-Maliki’s bloc has limits in this due to his ethno-sectarian and ideological allegiances and the fact that he only turned away from Shia Islamist sectarian politics in recent years while the credentials of Allawi’s bloc have long been established. Iran already has established its influence over al-Maliki’s coalition and is attempting to do the same with the Iraqi List, given recent reports that Allawi will visit Iran before the vote. The Front for a National Dialogue’s decision not to boycott the vote may lead to losses for al-Maliki at the polls and push it further toward Iran by forcing it to depend more on the Iraqi National Alliance, the largest Shiite coalition in the country and a group well within Tehran’s influence.
Iraq: Saddam Army Officers To Be Reinstated
February 25, 2010
Iraqi Prime Minister Nouri al-Maliki has given consent for the reinstatement of 20,400 army officers who served under deposed Iraqi President Saddam Hussein, reported AFP on Feb. 25, citing a Defense Ministry spokesman. The officers now had “one month and 45 days” to report for duty, he said.
Iraq: Compensatory Parliament Seats Reduced To 15
February 26, 2010
Iraq’s upcoming parliamentary election will have 15 compensatory seats rather than 45, as in previous parliamentary elections, Al-Iraqiyah Television reported Feb. 26, according to the BBC. Eight of the seats are to be given to minorities – three to the Shsabak, Yazidis and Mandaean Sabians, and five to Christians. The seven other seats will be granted to the parties that get the most votes in the election.
UPDATE 1-Turkish TPIC wins $318 mln Iraq oil contract
Mon Mar 1, 2010 7:10pm IST
* Exploration unit of Turkish Petroleum gets drilling deal
* Iraq to decide on winner for another 56 wells tender
(Adds details, background)
BASRA, Iraq, March 1 (Reuters) – TPIC, the foreign exploration unit of state-run Turkish Petroleum, has won a $318 million contract to drill 45 wells in Iraq’s supergiant Rumaila oilfield, a senior Iraqi oil official said on Monday.
Iraq, in desperate need of rebuilding an economy battered by years of war and sanctions, has struck a series of development contracts with global oil majors that could also signal a bonanza for international oil service companies.
British oil major BP Plc (BP.L: Quote, Profile, Research) and its Chinese partner CNPC signed a 20-year development contract last year for Rumaila, which has an estimated 17 billion barrels of crude reserves and is the workhorse of Iraq’s oil industry.
“We are yet to make a decision on another tender to drill 56 wells in Rumaila. We are still evaluating the submitted bids,” Dhiya Jaafar, head of the South Oil Company, told Reuters in the southern oil hub of Basra.
Separately, Iraq had invited 10 firms to bid for a contract to drill 56 additional wells at Rumaila, including TPIC, Halliburton Co (HAL.N: Quote, Profile, Research), and Weatherford International Ltd (WFT.N: Quote, Profile, Research). [ID:nLDE61G0W5]
The Rumaila deal was one of 10 Iraq struck last year in a bid to raise oil production capacity to 12 million barrels per day, rivalling top producer Saudi Arabia and offering an unprecedented workload to international companies. (Reporting by Aref Mohammed in Basra and Ahmed Rasheed in Baghdad; Editing by Rania El Gamal)
http://in.reuters.com/article/governmentFilingsNews/idINLDE6201JP20100301
South Carolina Lawmaker Seeks to Ban Federal Currency
http://www.cbsnews.com/blogs/2010/02/17/politics/politicalhotsheet/entry6217403.shtml
PM: Iraqi dinar re-evaluation has to do with economic conditions
February 28, 2010 – 04:36:11
BAGHDAD / Aswat al-Iraq: Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.
“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.
“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.
The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.
The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI’s policy of daily auction, in effect for more than five years now.
The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country’s local currency.
AmR (S)/SR
http://en.aswataliraq.info/?p=127789
1 Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions Yesterday at 2:10 pm
PM: Iraqi dinar re-evaluation has to do with economic conditions
February 28, 2010 – 04:36:11
BAGHDAD / Aswat al-Iraq: Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.
“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.
“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.
The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.
The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI’s policy of daily auction, in effect for more than five years now.
The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country’s local currency.
AmR (S)/SR
http://en.aswataliraq.info/?p=127789
It’s awesome to hear “Malaki” and “re-evaluation” in the same sentence
http://dinaroutcast.forumotion.com/iraq-economy-news-f3/prime-minister-nouri-al-maliki-said
-on-sunday-that-the-process-to-re-evaluate-the-iraqi-dinar-has-to-do-with-economic-conditions
-t4456.htm#10468
Thumbs up Iraqi dinar re-evaluation
Aunque nunca e posteado nada esto es una noticia que no debe pasar por alto.ESTAMOS MUY CERCA RV
PM: Iraqi dinar re-evaluation has to do with economic conditions
February 28, 2010 – 04:36:11
BAGHDAD / Aswat al-Iraq: Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.
“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.
“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.
The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.
The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI’s policy of daily auction, in effect for more than five years now.
The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country’s local currency.
http://www.iraqdinares.com/showthread.php?p=188004
raqi Dinar re-evaluation… coming soon to a bank near YOU …
Mar 1, 2010 … Here’s the link to the article: http://en.aswataliraq.info/?p=127789. I do have some more stuff coming later. Stay tuned! -Adam Montana …
dinarspeculation.com/…/iraqi-dinar-re-evaluation-coming-soon-to-a-bank-near-you/ – 6 hours ago
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You are in > Home / Baghdad, Economy, Latest News / CBI sells $95m on Tue.
CBI sells $95m on Tue.
March 2, 2010 – 11:23:06
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales rose to $95.437 million in its daily auction on Tuesday, compared to $93.665 million in the previous session.
“The demand hit $7.240 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $88.197 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 10 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
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You are in > Home / Baghdad, Economy, Latest News / ISX to cease trading during elections
ISX to cease trading during elections
March 1, 2010 – 03:16:28
BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) announced on Monday that it will cease trading during the elections vacation between March 4-8, approved by the council of ministers.
“The ISX announced that it will cancel sessions as of next Thursday (March.4) until Monday (March.
and will resume sessions as of Tuesday (March. 9),” said a statement received by Aswat al-Iraq news agency.
The ISX now holds five sessions from Sunday to Thursday.
SH (P)/SR
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You are in > Home / Economy, Karbala, Latest News / Maintenance work starts on oldest bridge in Karbala’s Hindiya
Maintenance work starts on oldest bridge in Karbala’s Hindiya
March 2, 2010 – 10:45:35
KARBALA / Aswat al-Iraq: Maintenance work has begun on Karbala’s oldest bridge, which was built during the royal era, the head of the city’s provincial council said on Tuesday.
“On Tuesday, technical teams and engineers from a local company started maintenance work on the old Tuweireg Bridge in al-Hindiya district (20 km east of Karbala),” Mohammed Hameed al-Moussawi told Aswat al-Iraq news agency.
The bridge is important as it links Karbala to the southern provinces, Moussawi noted.
“It has been the only outlet to the city throughout the past decades,” he added.
The total cost of the project, which is expected to be completed within three months, is 220 million Iraqi dinars, according to Moussawi.
The bridge was established during the British occupation in 1955.
The holy Shiite city of Karbala lies 110 km southwest of the Iraqi capital Baghdad.
SS (P)
Print version
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You are in > Home / Baghdad, Economy, Latest News / Daily oil exports rate in Feb. reaches 2.069 million barrels – Ministry
Daily oil exports rate in Feb. reaches 2.069 million barrels – Ministry
March 2, 2010 – 02:14:39
BAGHDAD / Aswat al-Iraq: The daily oil export rate during February 2010 reached 2.069 million barrels, a spokesman for the Oil Ministry said on Tuesday.
“The daily oil exports rate last month registered 2.069 million barrels, the highest rate since 1990,” Essam Jihad told Aswat al-Iraq news agency.
The Oil Ministry had said that its oil exports during January 2010 reached 59.700 million barrels, i.e. a daily export rate of 1.9 million barrels.
The Iraqi oil exports range between 1.6 and 1.9 million barrels since 2003.
SH (P)/SR
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You are in > Home / Baghdad, Economy, Latest News / ISX goes up by 3.7%, closes at 96.9 points
ISX goes up by 3.7%, closes at 96.9 points
March 2, 2010 – 02:25:55
BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) index went up on Tuesday by 3.7% to close at 96.9 points as rates of shares of 26 out of a total of 42 companies traded during today’s session went up.
Rates of 6 companies’ shares went down, while 10 retained their previous prices.
The number of traded shares hit 620.591 million worth 969.493 million Iraqi dinars (roughly $828,000) through 366 deals, including 28 went to non-Iraqi investors with a number of shares of 33.5 million worth 55.7 million dinars over the banking and industry sectors.
The banking sector came in the lead with 67% of the whole trading today through 194 deals over 17 banking firms.
The ISX witnessed its first e-trading session on April 19, 2009 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: Ashtar Hotel and Al-Mansour Hotel.
On June 7, the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions.
The ISX now holds five sessions from Sunday to Thursday.
SH (P)/SR
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You are in > Home / Economy, Latest News, Ninewa / Big water project opened in Ninewa
Big water project opened in Ninewa
March 2, 2010 – 03:30:58
NINEWA / Aswat al-Iraq: The Ministry of Housing and Construction on Tuesday opened a big water project that supplies the western part of Ninewa province with drinking water.
“The project has a design capacity of 10 thousand cubic meters per hour,” Yelmaz Abbas, an official from the Ministry, said in a speech for the occasion.
He said that the project serves more than 800 thousand people.
Mosul, the capital city of Ninewa province, lies 405 km north of Baghdad.
MH (P)/SR
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You are in > Home / Economy, Karbala, Latest News / Airport to provide job opportunities in Karbala – Minister
Airport to provide job opportunities in Karbala – Minister
March 2, 2010 – 03:59:49
KARBALA / Aswat al-Iraq: Al-Furat al-Awsat Airport in Karbala will provide thousands of job opportunities in the province, the Iraqi Transport Minister Amir Abdiljabbar said on Tuesday.
“Iraqis will be proud of the airport,” Abdiljabbar said in a speech for the occasion of planting the airport’s foundation stone.
He said that the detailed design of the airport was made by a French firm for E50 million.
Earlier, Karbala’s governor Amalal-Din al-Hur described the airport as a strategic project in Karbala.
He said that the airport will be executed as an investment project.
Al-Hur said that the airport will have a capacity of 30 million passengers per year.
The holy city of Karbala lies 110 km southwest of Baghdad.
MH (P)/SR
Iraq: Drawdown On Target – Pentagon
S T R A T F O R
GLOBAL INTELLIGENCE
March 3, 2010
The Pentagon said on March 3 that it would be under extraordinary circumstances that a U.S. combat brigade would stay in Iraq beyond August as a result of deteriorating security, Reuters reported, citing a department spokesman. In spite of the March 3 bombings in Baquba, Iraq, the spokesman said, Washington is on target to draw down troops to 50,000 as of Sept. 1.
S T R A T F O R
GLOBAL INTELLIGENCE
Turkey, Iraq: Turkish Company Wins $318 Million Oil Exploration Bid In Iraq
March 1, 2010
TPIC, the foreign exploration arm of Turkey’s state-run energy company Turkish Petroleum, won a $318 million contract to drill for oil in Iraq, Reuters reported March 1, citing an Iraqi oil official. The contract calls for 45 wells in the supergiant Rumalia oil field.
Business Intelligence Middle East (press release)
IRAQ. Iraqi Prime Minister Nouri al-Maliki said earlier this week that the process to
The Iraqi dinar has all reasons to grow stronger,’ says Prime Minister
Source: BI-ME with Aswat al-Iraq , Author: Posted by BI-ME staff
Posted: Fri March 5, 2010 7:01 pm
IRAQ. Iraqi Prime Minister Nouri al-Maliki said earlier this week that the process to re-evaluate the Iraqi dinar has to do with economic conditions which have to be strengthened, reported news agency Aswat al-Iraq.
“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.
“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.
The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.
The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBICBI’s policy of daily auction, in effect for more than five years now.
The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country’s local currency.
http://www.bi-me.com/main.php?id=44880&t=1&c=33&cg=4&mset=
S T R A T F O R
GLOBAL INTELLIGENCE
Iraq: Election Results Expected March 11
March 8, 2010
The
head of Iraq’s election commission said results to the country’s
historic election will be announced within two or three days, most
likely on March 11, AP reported March 8. Faraj al-Haidari stated that
turnout figures could be announced soon, but declined to comment
further.
S T R A T F O R
GLOBAL INTELLIGENCE
Iraq: Election Turnout At 62 Percent – Commission
March 8, 2010
Voter turnout in Iraq’s March 7 parliamentary election was 62 percent, Reuters reported March 8, citing Iraq’s electoral commission.
CNBC news about IRAQ RIGHT NOW
Iraqis, U.S. await results after pivotal election
Odierno sees troop withdrawal on schedule
msnbc.com staff and news service reports
updated 8:59 a.m. CT, Mon., March. 8, 2010
BAGHDAD – Iraqi coalitions and political parties jockeyed Monday for position following the country’s pivotal vote meant to usher in the next government, as the election commission reported that turnout was 62 percent – lower than a previous national vote in December 2005 but higher than in last year’s provincial ballot.
Meantime, the top U.S. military officer for Iraq, Gen. Ray Odierno, said President Barack Obama’s plan to remove combat troops from Iraq by Sept. 1 is proceeding on schedule. He told MSNBC’s ‘Morning Joe’ that, barring a catastrophic event, he expects the U.S. will be able to reduce its forces in Iraq from 96,000 currently to 50,000 noncombat troops by late August. “We do not see a catastrophic event on the horizon right now,” he said.
Iraqis defied a wave of insurgent attacks that killed 36 people and voted in key balloting that will determine whether they can overcome deep sectarian divides that almost tore the nation apart.
The turnout is down from the previous Dec. 2005 parliamentary election turnout of 76 percent, although it’s higher than last year’s provincial elections when just over half of voters cast ballots. The final vote count is expected within a few days, most likely on Thursday. Even then, the outcome will likely be followed by protracted negotiations on who will make up the next government.
No one coalition is expected to win an outright majority in the 325-seat parliament, so the coalition that gets the largest number of votes will be tasked with cobbling together a government with other partners – a process that could take months.
‘Open to talks with all’
Prime Minister Nouri al-Maliki’s State of Law coalition said it had done well, especially in Baghdad and the south, and that the group is open to talks with anyone. “We do not have a veto or a red line against any list, we are open to talks with all,” said the coalition’s Abbas al-Bayati, adding that the list had secured at least 100 of the parliament’s 325 seats.
However, al-Maliki’s faction may be hard-pressed to find negotiating partners after having alienated most of the other groups in the pre-election period. Many Sunnis appeared to have thrown their weight behind former Prime Minister Ayad Allawi’s Iraqiya alliance, in a calculated political decision to support a Shiite who they thought best able to represent their needs. Allawi is fierce critic of al-Maliki who has said the government needs to do more to bring about reconciliation between the country’s warring sects. His coalition included a number of high-profile Sunni candidates as well.
“We were fooled in the past and we don’t want to be fooled again,” said Abu Abayda Thaamir, a Sunni from Baghdad’s mostly Sunni Azamiyah neighborhood, who said he had no problems voting for a Shiite candidate.
Another key player in the election, Iranian-backed Supreme Islamic Iraqi Council, also known as SIIC, that is part of a broad religious Shiite coalition known as Iraqi National Alliance, appeared to have fallen behind although it could still be a kingmaker.
“We cannot make any move about forming coalitions until the results are announced,” said an official with the SIIC, who spoke on condition of anonymity pending official results. But he said the INA coalition fell short of the 90-95 seats expected.
Across Iraq, people were recovering from the elections, taking down campaign posters Monday and burying those who died in the violence. Iraqi security forces lifted an all-night curfew in place to deter attacks and ease movement of ballot boxes to counting stations.
Counting the poll’s complicated ballot – some 6,200 candidates competed for 325 parliamentary seats – will take time. The election also highlighted the upcoming withdrawal of U.S. troops. Obama has pledged to withdraw all combat troops by end of August and the rest by the end of next year.
© 2010 msnbc.com
URL: http://www.msnbc.msn.com/id/35760288/ns/world_news-mideastn_africa/
Iraqis, U.S. await vote results
Odierno sees troop withdrawal on schedule
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“We were fooled in the past and we don’t want to be fooled again,” said Abu Abayda Thaamir, a Sunni from Baghdad’s mostly Sunni Azamiyah neighborhood, who said he had no problems voting for a Shiite candidate.
Another key player in the election, Iranian-backed Supreme Islamic Iraqi Council, also known as SIIC, that is part of a broad religious Shiite coalition known as Iraqi National Alliance, appeared to have fallen behind although it could still be a kingmaker.
“We cannot make any move about forming coalitions until the results are announced,” said an official with the SIIC, who spoke on condition of anonymity pending official results. But he said the INA coalition fell short of the 90-95 seats expected.
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Across Iraq, people were recovering from the elections, taking down campaign posters Monday and burying those who died in the violence. Iraqi security forces lifted an all-night curfew in place to deter attacks and ease movement of ballot boxes to counting stations.
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Counting the poll’s complicated ballot — some 6,200 candidates competed for 325 parliamentary seats — will take time.
The election also highlighted the upcoming withdrawal of U.S. troops. Obama has pledged to withdraw all combat troops by end of August and the rest by the end of next year.
http://www.msnbc.msn.com/id/35760288/ns/world_news-mideastn_africa/
Iraq: Preliminary Election Results To Be Released Beginning March 9
March 8, 2010
S T R A T F O R
GLOBAL INTELLIGENCE
Results of Iraq’s March 7 parliamentary elections will begin to be released March 9, whenever a polling station has tallied at least 30 percent of its votes, a member of the independent electoral commission said March 8, Bloomberg reported. Of Iraqi registered voters, the turnout reportedly was 53 percent in Baghdad, and about 61 percent in both Shiite-dominated Najaf and Sunni-dominated Anbar. The provincial turnout ranged from 80 percent in Dohuk to 50 percent in Maysan. According to the electoral commission, the final results might not be known until the end of March.
Iraq: Could Take Months To Form Majority Government
March 8, 2010
S T R A T F O R
GLOBAL INTELLIGENCE
Following the release of the results of Iraq’s March 7 parliamentary elections, it could take “about two months to form a majority government,” said Abbas al-Bayati, a member of Prime Minister Nouri al-Maliki’s State of Law coalition, Bloomberg reported March 8. Al-Bayati added, “We want a majority government that will include all the components of the nation.”
Waiting with great antisipation!!
Thanks Darren
Not much out there right now, outside of election news. Will look again tomorrow!
Iraq: Al-Maliki Leading In Unofficial Results – INA
March 10, 2010
S T R A T F O R
GLOBAL INTELLIGENCE
The
Iraqi National Alliance (INA), a rival bloc to Iraqi Prime Minister
Nouri al-Maliki’s State of Law coalition, said al-Maliki’s bloc is
leading in 10 of Iraq’s 18 provinces, according to informal estimates,
Reuters reported March 10, citing a statement by INA candidate Qusai
Abdul-Wahab. Abdul-Wahab said the State of Law coalition is ahead with
1.9 million votes, while the INA has 1.8 million, according to their
estimates. He said that Mosul, Kirkuk, Salahuddin, Diyala, Kurdistan
and western Iraq have not been counted yet, nor have votes by police,
security forces, prisoners or Iraqis living abroad. Former Prime
Minister Iyad Allawi’s secular coalition, the Iraqi Unity coalition, is
estimated to be doing well in Sunni areas in the north and west, and
the Iraqiya list has 666,000 votes in the provinces where estimates
have been conducted.