Saturday, April 30, 2011

Do you succeed in activating the Kuwait Economic Partnership with Iraq

D. Ibrahim Bahr al-Ulum


It is a pleasure to participate in this event which is being held at the initiative of the private sector, in cooperation with the Gulf Research Center at the American University in Kuwait. And the convening of this symposium in April, where people are celebrating the eighth anniversary of Iraq to topple Saddam's regime in 2003, has many political, economic, and hope that is a good sign for the flourishing relations between the two countries:
• It is true that Kuwait was one of the first countries in the region that supported the change in Iraq and Kuwait had throughout the years after the change station for many Iraqi politicians.
• But can say that the beginning of 2011 the latest quantum leap in the evolution of political relations, where she was visiting Kuwaiti Prime Minister Sheikh Nasser Al-Mohammad Al as well as the state visit of President al-Maliki of Kuwait and also record the month of March of this year, the initial meeting of the Higher Ministerial Committee between the two countries, which was candid, direct and despite limited results, but that both parties agreed that the meeting such as a focal point to address the outstanding issues between the two countries.
• It could be argued also that the beginning of this year, the latest shift in economic relations where able to Kuwait through its private sector - Kuwait Energy reports first attend a regional company that Arab investment in the energy field has been won and eligibility within international coalitions - a regional development fields Sepah and Mansouriet invading.
• So today we are talking about tangible progress in the political and economic realities between the two countries and this is what drives us strongly to talk about the possibility of the private sector to play a role in the consolidation of relations.
Prospects for private sector
• The toil Iraq throughout the last four decades under a totalitarian regime is the most prominent features of totalitarian regimes on the state takeover of all joints of political and economic life, then your there is no community participation in state administration. The private sector has been marginalized and expelled from the economic landscape. And Altgieralssayas that has occurred in Iraq in 2003 if they want him permanence and growth must be synchronized with the change in all spheres of political, economic, social and cultural rights. Must be involved in the management of state-society and the country's economic community will be able to supplement the State in the movement which is a product can not be achieved unless the government pays to create a strong private sector. And this was proved by the Constitution of 2005 (the reform of the State to ensure that the Iraqi economy according to economic principles that ensures complete investment of its resources, diversifying its sources and encouraging the private sector and development). Despite the political and security challenges that faced Iraq in the past years, Valqnaap that have taken root in most Iraqi politicians that Iraq would emerge from the economic crises require Aladawr distribution between public and private sector Otherwise, Iraq will continue to face difficult situations and make political experience in the wind. However, the presence of a strong private sector guarantee for the development of political experience in Iraq and is therefore a need for an Iraqi first. On the other hand, the stability of Iraq depends on the ability to set up the prospects of economic partnership at the regional level and international level. To guarantee the continuation of this partnership, we have to develop relations between the private sector to be able to adapt and revitalize the political decision in the interest of peoples rather than governments. Then activate the private sector is not needed to ensure the Iraqi democratic process, but need to ensure the continuation of regional coexistence for the consolidation of peaceful relations and minimize the differences.

• It is our knowledge of the conditions of Cairo, which ruled Iraq, which led to the lack of growth of the role of the Iraqi private sector did not enjoy real opportunities in the economic landscape, but has always suffered from the policies of marginalization and exclusion for the benefit of the public sector today faces challenges and obstacles we have to work to remove them, and the other hand, our knowledge of the capabilities of the sector Kuwaiti private in terms of capital, experience and investment experience outside of Kuwait, particularly in Lebanon and Syria as well as in Egypt, North Africa and the other in European countries lead us to be optimistic, because playing a role for good Not in the near future, but he has to take into account the contribution to the development of the Iraqi private sector this would State help in accelerating the success of the structure of the Iraqi economy.
• the data in the Iraqi arena looks promising to get into the realm of investment and employment capacity of the private sector in both countries to fight construction is useful in this context, serious thought has established partnerships Iraqi - Kuwaiti and other parties and this would contribute in restoring the Iraqi capital that has moved to neighboring countries In recent years, estimated at tens of billions of dollars and also contributes to the growth and development of the capacity of the Iraqi private sector administrative, technical and legal.
• It is true that there are a lot of obstacles today in Iraq an obstacle to private sector growth, especially in the field of legislation and regulations as well as in the state bureaucracy governing institutions of the mentality of working for the public sector at the expense of the private sector, which was marked by mismanagement and performance, which led to the outbreak of financial and administrative corruption as well the weakness of the banking system. Therefore, Iraq needs a revolution administrative, legislative and banking are pushing for a balance between the public and private sectors and this would undermine much of the corruption, Ghoul, who is trying to swallow the development process.
• that the Iraqi economy is facing significant challenges Vairadat oil nearly 93% of the total exports (the economy of one) and limited the private sector in the development process, it is flexible sector can not respond to the changes to the target.
• However we should not ignore legislative effort, even if he was without ambition, which the Iraqi state has done in previous years, to encourage the private sector as legislation law and the law of investment banks and the stock market and so in addition to the establishment of the national investment. As well as granting the provinces the powers in the field of investment contracts. And directed the guardian Monetary Fund and the World Bank to provide technical and administrative support to the Iraqi private sector companies is a step in the right direction.
Encouraging signs in 2010
• The steps that go by the oil sector during the past refers to the beginning of a new phase encourages investors to open up to Iraq and that's what we're betting it, we assert that the key to investment operations must start from the oil sector and find the major oil companies the opportunity to develop oil and gas resources, then You will find other investments courage to enter Iraq.
• today, after the entry of more than 13 global coalition to the world of oil and gas in addition to a number of oil service companies turned for movement from the private sector are more serious and visits by senior officials, accompanied by dozens of investors to Iraq. France, Germany and South Korea and China find Diahrkp diplomatic high distinct from previous years as well as from Turkey, Iran and Egypt as well as reflect the movement to open consulates in Basra and Najaf, Arbil, a number of countries interested in capturing opportunities further indication of a desire to move into investment.
• Day of interested States, commercial companies and businessmen and investors are moving in the two main axes. Axis with the federal government and the Investment Authority and the ministries concerned and the focus of the closer relations with the provinces and councils where there are investment opportunities out.
National Plan for 2010-2014 Ntmip
Do you have a strategic vision of the Iraqi economy in the coming years? National development plan for the coming years, as put forward bear the following objectives:
- Work on the economic growth rate of 9-10% annually.
- Diversification of the economy, particularly the productive sectors such as agriculture, industry, tourism, and is characterized by a growing participation of the private sector.
- Improving the activities of the competitive advantage of oil and gas, petrochemicals, cement, plastics and pharmaceutical industries, electricity
Means of achieving the vision
- Increasing oil exports by 300 thousand barrels per day annually over four years starting any actual reality of the daily export of 2.1 million to about 3.1 million barrels per day in 2014
- Iraq needs investment in the four years up to 190-200 billion dollars to achieve the desired economic growth and the federal government can allocate 30% of revenues for capital spending or about $ 100 billion.
- Iraq needs to cover the rest is up to 50% of the investments of the national private sector and foreign investment in the areas of oil, electricity, agriculture and tourism.
- The central question remains Is the government can simulate the economic vision and means raised during the management of the economy.

The role of the private sector in trade

Today the role of the private sector is confined mainly in the commercial hub in the import of oil derivatives, which are estimated up to 3-4 billion per year and food up to 5-6 billion annually and medicine, and the rest is consumer commodity materials.
• two-thirds of import trade between Iraq and surrounding countries is for the private sector for the year 2010 up to $ 30 billion. 10-15 and up to one billion of the public sector. The geographical distribution of this trade Vetozaa that two-thirds of the total 45 billion by the regional states dominate. Up to 12-15 billion to Turkey and 7-8 billion Iran and Syria up to 3 billion and up to Jordan and a half billion and the United Arab Emirates up to 5 billion. Either dominate the other third by the two countries after the Asian Aruba and the United States. So dominant are the foundation of the Turks to the Iraqi market.
• When you review the volumes of trade between regional countries and Iraq we find Dialp trade between Iraq and Kuwait. In fact this point I raised in my intervention with His Highness the President during his recent visit to Baghdad, noting the need to open up to the Iraqi private sector and overcome the obstacles in front of him to become the Kuwait one regional stations for trade with Iraq and to take practical steps because Tand Kuwait events of Iraq's economic and business of Iraqis to contribute to strengthening the relations between the two countries. We must praise the recent effective and called for by the Kuwait to receive a number of businessmen and trade Iraqis.
• The success of Turkey and its hegemony over the Iraqi market, although there are a lot of political complexities of experience worth studying. In Iraq today, more than 400 Turkish companies working to implement infrastructure projects and service as well as the many investments in Iraqi Kurdistan. The move Turkish trade was confined largely in Arbil, but in the past two years, enabling the Turkish private sector has to find a foothold in the center and south. We need to think seriously that the Kuwaiti sector plays a prominent role in trade.
Private sector's role in the development of oil and gas resources:
• What has been achieved in Iraq over the past two years is the most economic event in the history of Iraq over the past four decades. I am confident that he instituted the largest partnership in the history of the oil industry in the world between public and private sector standards with in a very short period and within the size of the reserves nearly 60 billion barrels of oil or more. Iraq has succeeded in signing oil contracts with coalitions of international companies of different sizes up to 25 companies and project whose investments guess about $ 180 billion over the next twenty years.
• Although we are still in the early history of the experiment it is difficult to judge but its beginnings were not easy, but began her career as well as with other companies at a moderate pace stable since the beginning of 2004, when the decision was taken to the signing of memorandums of understanding with the international oil companies and through more than a year was signed by more than 40 note, and through Iraq was able to update the technical studies on the discovered fields and producing as well as patches in addition to the exploratory technical consultancy. With a focus on training and fellowships. The fact is that the experiment was successful in terms led to the idea of ​​contracts backing the technical failure and then crystallized to the licensing rounds involving qualified companies allowed to compete on the development of producing fields and fields discovered oil and gas licensing round fields.
• What has been achieved so far, the cooperation with the oil companies came as a result of Iraq's need to maximize revenue through increased oil production and the desire of companies to invest in the opportunity to cooperate with the oil sector. This option is a combination approach between national investment and foreign investment in various formula contractual necessity for the advancement of the oil sector and meet the requirements of development and the development of our national. We look forward to this pairing success a must to end this partnership to the winner and loser, each has its technical, administrative and understanding of different career goals are complementary. National companies have reserves and lacks proper management and technology, capital and foreign companies control most of the businesses that need our national, so we look with great interest to the balance between the interests of Iraq and the interests of foreign companies.
• The senses coalitions invested oil problems and the size of bones and some of this goes back to duck the decision-making in national companies and another due to the lack of coordination required between the government agencies concerned, which Ibty work according to schedules. This may be due to our lack of administrative capacity, technical and financial, legal and Altdeghiqp required to understand the nature of the contracts and mechanisms of implementation and this is what causes some confusion. Here highlights the responsibility of coalitions oil in adapting the public sector to understand the requirements of private sector growth and development for the success of the investment project and establish a lasting partnership and complementarity. Foreign companies do not aspire not only to the advancement and success of the Decade to achieve his goals, but aim to further extensions and to consider this opportunity is the beginning and not the end and on this basis in my conviction requires an extraordinary effort:
- Development of the Iraqi private sector from the core responsibilities of the investing companies. As already noted the weakness of the role of the Iraqi private sector, despite the presence of cadres reliable, but its financial, legal and technical needs to support and develop because Alaanal take its role in the construction of joint and secondary needed by the companies in the implementation of contracts.
- Provide full support to the cadres of the ministry and corporate-level administrative, technical and legal, regulatory and accounting for the high level of performance in line with experience and efficiency of international companies making it easier to enforce contracts. True, there are annual amounts Stsrvha companies for training, but confirms my belief that companies will be generous and gracious in their support of training and development programs are the most capable in the survival of the extension and connect with other investment opportunities.
Other great opportunities in the energy sector
- Manufacturing: It is wrong tactical killer in Iraq, said separating the process of developing the fields and Tohlleha from the rest of the oil industry and must be linked to the development of the extractive sector the rest of the stages of the oil industry, which depends on the products bottom and this is what gives the partnership the strength and sustainability and give Iraq time investment for the development of an important aspect to meet the needs and development economy and create jobs.
- Infrastructure: In the time that Iraq looks forward to significant increases in oil production infrastructure is the sector must cooperate with the private sector to increase energy storage and update system and rehabilitating pipelines and rehabilitation and upgrading of pumping systems as well as develop the system of export.
- Investment of Gas: The balance between the use of gas to meet domestic consumption and focus on building and petrochemical industries to take advantage in exports to strengthen the position of Iraq as a producer of gas, an important issue worthy of further discussion and linked to a significant energy strategy for the country.
- Events exploration: yesterday, announced the Ministry of Oil for a fourth round of licensing terms will be about 12 exploration blocks to go Ttaiwirahit Iraq to compensate for expected attrition in production by stepping up its reserves are installed. Companies will compete at the beginning of next year to achieve that in my conviction as the Kuwaiti private sector found his chance in the development of gas fields can also find it in exploration.
Abstract
• Despite the fall of the regime in 2003 appear to be prohibiting its political, economic, social and cultural relationship will take a long time to remove them. There are two countries, who suffered from lameness of the former regime and its policies of aggression, hotbeds of seeking to stir up trouble while we are still lacking to draft a community development real outside the formal framework provides a viable success in normalizing the situation in proportion to the size of the participants and take the initiative to address the challenges facing the partnership between the two peoples .
• Iraq's political future is closely linked to the possibility of its institutions to encourage the private sector to become a partner in the management of the state. It must be a balance between the roles of public and private sector in this partnership and Iraq faces a real test in the provision of the investment environment.
• Key economic partnership between Iraq and Kuwait lies in activating the role of the private sector. Accordingly, the leadership of the initiative in breaking into the economic arena and to grasp the opportunities above psychological barriers and artificial barriers. And work to establish partnerships Kuwaiti - Iraqi with other parties to fight the battle and taking the priorities of the national development plan in mind. In this context must be taken initiatives towards the rising sap to protect the interests of both countries.
• In the area of ​​energy, the Kuwaiti private sector succeeded in breaking into the investment in the energy sector and to push forward should be taken distinct steps to develop the Iraqi private sector and the ability to highlight the success of investment experience along to other energy sectors.
• In the area of ​​trade, openness to the Iraqi private sector to expand trade between the two countries to take Kuwait's position in the regional balance of trade import.
• In the area of ​​tourism, that Kuwait could contribute to the development of religious tourism, Iraq has witnessed a boom in the number of visitors from 350,000 in 2006 to a million and a half million in 2010. This is what drives the investment in the infrastructure of the cities of the holy shrines.
• the consolidation of economic relations with the provincial task like Basra, Nasiriyah, Najaf, and others to the presence of a significant number of investment opportunities and expanded to include a larger number. 
http://www.almowatennews.com/news.php?action=view&id=19884

Precious slain: Parliament demands to take a stand for the withdrawal of confidence from the government

A member of the House of Representatives decent slain by the Parliament's demands to take a strong position to withdraw confidence from the government and re-form a new government represent a solution and fast to the deplorable state in the country.She said that the demonstrations and the legitimate demands of the People's confirmed that the current government has been unable to offer something that the Iraqi people. She pointed out that the slain to the percent on which a considerable period has elapsed which did not touch any positive cases, people help out of a bad reality
http://www.albaghdadia.com/n/iraq-polotics/27145-2011-04-30-17-47-12.html

Parliament is hosting today the Ministers of Foreign Affairs, Finance and Central Bank Governor

altHouse of Representatives held its sixtieth session under the chairmanship of the Speaker and the presence of Osama Nujaifi two hundred and six deputies. He said a parliamentary source said the session will host the Ministers of Foreign Affairs, Finance and the Governor of Central Bank on the ratification of the Convention on the settlement of claims between the Government of the Republic of Iraq and the Government of the United States of America as well as the first reading of a number of projects. The source added that the meeting will also include the first reading of the draft Law on the Ministry of National Security and Law of the Ministry
Defense and the Law of decorations and medals and the Arms Act. It will also include meeting also the second reading of the draft law the Higher Institute for Research on embryos and treatment of infertility and the proposed law on the integrity and the law of the development of administrative formations, integrate and modify the association, as well as discuss the pricing of crops, wheat, barley, rice,. For its part, said member of the Iraqi Nada Jubouri "The meeting will host the Ministers of Foreign Affairs Hoshyar Zebari and financial Rafie al-Issawi and Central Bank Governor Sinan al-Shabibi on the ratification of the Convention on the settlement of claims between the Government of the Republic of Iraq and the Government of the United States. "The Presidency of the Council of Representatives had decided last Thursday to host the Ministers of Foreign Affairs, Finance, and the Governor of Central Bank of the discussion in the protection of Iraqi funds included in terms of the settlement of claims between the Government of the Republic of Iraq and the U.S. government before they vote. "
For its part, said an MP for the Kurdish coalition, Vien outsider to "session on Saturday will see the second reading of the bill that the development of administrative formations, integrate and modify the association, as well as discuss the pricing of crops, wheat, barley and rice
http://www.albaghdadia.com/n/iraq-polotics/27128-2011-04-30-10-09-12.html

Press statements cause lifting of the Iraqi Central Bank sales figures double within hours

Portal Iraq,” said adviser to the CBI the appearance of Mohammed Saleh high level of sales of foreign currency auction market of the Central Bank to 58 million dollars the day after he had dropped from $ 150 million
Per day to 18 million in the past two days, stressing that the reason for this rapid rise was on the back of the meeting conducted by the news agency, Baghdad International, which denied the benefit of the stop bank transfers pending the issuance of new instructions and announced the readiness of the bank selling foreign currency and in the quantities desired by customers market.
He said the benefit for in a press statement that the foreign exchange market witnessed a rapid rise after the publication of news which reassured the market, which recently suffered an upheaval because of fears that the sale of foreign currency by the central bank as a result of speculation that some of the issuance of new instructions are not unfounded, pointing to the role of the media which have contributed to this situation change market indicators, declaring that the policy and objectives of the central bank and do not support a clear policy of a sudden the citizens as well as support for the policy of market economy, leading to economic prosperity and wheel support development of the country.
Saleh added that the independence of the Central Bank does not prevent him from coordination with fiscal policy, stressing the need to coordinate central bank with other policies Calceasp finance, inter alia, the tax, noting that the absence of such cooperation between the policies will lead to the isolation which he warned of the danger, pointing out that all government policies aimed at to get to the higher interest of the country.
Salih stressed the importance of the news published in the news agency, Baghdad International, and the Baghdad news releases by saying that this news has had a important role in reassuring the market effects have reflected positively on the dealings of the market after he was born with the psychological and commercial market in Iraq, ahead thanks to the media establishment.
The news agency, Baghdad International, and the Baghdad newsletter has been published earlier for the meeting a press interview with the adviser to the CBI the appearance of Mohammed Saleh emphasized the low proportion of sales market auction of foreign currency in Iraq of $ 150 million per day to $ 18 million per day after the claim submission tax account number for companies that process a transfer of funds for the disclosure of taxation, has declared his belief that the process to refrain from buying in the market at the time was due to fear of the tax.

People’s Talk Radio Conf Call Notes 4/28/11

PTR Conference Call Notes – 4/28/2011
« on: April 28, 2011, 09:26:51 PM
Dan, Tony, Radtodd, Ann, Paula, Wendy, Traveling Soldier, Simon,
Tony: Today, a candid conversation about yesterday and how way over the top you guys were. Wasn’t the intention of the call.
Dan: Actually I did mean to stir everyone up. Apologize it got so bad. some of you guys are crazy. I think about 80% of you understood where I was coming from The other 20% didn’t.
Do have a little bit of information. We want to change things for the better. Get out a pen and paper so you don’t forget something someone says. We actually undeleted some of the things that were made invisible yesterday. because we think you guys should moderate yourselves. We only talk about 2 sites that are negative and you only catch that every once in a while. They bash us almost every day. Had an email the other day from a lady who said, I’ve been following you guys for 3 weeks, love your voice, Tony’s voice then found out you guys are crooks and left your site.”
Every once in a while new people go read some garbage some where and we feel the need to adress it again. For those who are loyal, long term members sorry you have to hear that for the 9th or 10th time.
Dan: Fresh on a lot of people’s minds is the call i made yesterday. Want to keep it positive. A scenario that will make sense. No one on team that I am frustrated with. Complimented every person as much as possible. They are saying what they believe to be true. Went more on Tony cause we are friends and have been for a long time.
Put yourself in this position – you are just new in stock market and buying stocks. New at this. 4 or 5 people you trust that are the best in the business. Using their judgement to get involved in a currency investment. Over the next year these guys tell you how great this is, going to go up etc. At what point to you have to say, man as much credibility as they have, I have invested for month after month, invested in reserves and lost money. If you have just bought the currency no problem. You are emotionally invested. How long will it take before you have to stop listening to some of this? How many people would agree that you would have to check your sources. Yesterday I had all this stuff hit me about how wonderful it is going to be. Had an eye opening call with a heavy investor who has contracts overseas and it was a sobering call.
It was a very good call. He was extremely positive. Ridiculous the amount of excitement. Iraq gets better every week. Said it wasn’t happening tomorrow, through Sunday. Maybe up until Monday. Now way of arguing it. Let all the air out of me. We invested in the iqd because it absolutely will revaluate. I know a lot of people will be incredibly helped. Point is there has to come a point when knowledge becomes wisdom. Unless you apply that it is not good.
I did a call a week or 2 before we left pd. The call was very similar to yesterday’s in that I was very frustrated with all the positive news that never came true. I asked then if we were prepared for another 3 – 4 month wait? My point was it is dangerous to live in a mental position, especially if your financial position is horrible, dangerous to sit in that position and get pumped everyday. When I get into that mode, I can sound negative but I am not.
Some of this stuff I can reason through and see it isn’t right. We are basically going to be a little more hard core to see if what we listened to is on. Can say here’s what we are hearing. We need to take emotion out of it sometimes.
Tony: I wanted you to get your part out. I saw a lot of stuff on the boards. I put a post up there that it wasn’t Dan’s intention to fight amongst yourselves. Not the intention of the call. He called me and told me what he was going to say before then. I have to be brutally honest with you just as Dan is. When I bring information that is my opinion cause that is what I believe. I believe you are involved in this opportunity and you are adults and grown and able to disseminate it. You have to decide what is right for you. People who sit at their computer all day long hoping Dan or Tony say something. Go live your life. I am on the phone all day long trying to put it together so you don’t have to. As soon as Dan or I get it we are going to bring it to you. You can go live your lives and go do what you are supposed to be doing. Right now we are sacrificing so you can go do that. I will only bring you information that I believe that makes sense to me. Dan and I don’t always agree. Trying to bring you the best information. We’ll see if we can improve on that.
Dan: My point to that ? was that there was a minister – comparing what we are doing to a congregation etc. Doesn’t work. We’re not a congregation of believers, of any faith, not that kind of a group here. This is not governed by some word or book, All have different opinions. Some people aren’t that way. Can’t please everyone. Don’t take our banter as crazy lunatics that don’t agree. Not truing tot get the same thing or we’re in trouble. A group of investors, that are adults with opinions.
We really do have fun with this stuff. Can’t have speakers who are passionate and real and not hear some controversy some times. You can’t . Yo cannot agree with me all the time or no opinion of your own. When we spend this much time. For someone to get on the board to say that call was Don’t know if I agree with everything I have been hearing today We want to become a little more proactive. There’s an educational process we can go through while we wait. Not just attorneys and trusts. Do you know who is in charge of this? Do you know?
You will understand why I get frustrated about the Shabbibi idea that he did a speech yesterday. I said yesterday Shabbibi did not say it was goiing to happen today the next day. Said he was excited about the increase in their culture etc… someone else said he got direction to announce this tomorrow etc. Do you really have to see that on tv to know it didn’t happen. Did not way their currency was going to increase. No w ay anyone would allow that man to announce an rv on tv.
If that speech yesterday had said we will rv today , tomorrow etc. you wouldn’t
get your hands on that $. I called someone who lives there… said the borders aren;’t closed and that speaech dsidn’t happen. The border issue can be a visa issue. Not blocking up the borders cause it is about to rv. I know they haven’t gotten all of the 3 zeros in. I have to scratch my head on that one and see if it is real or true. Do you know for sure that Ali and Ty are bying billions of dollars to sell them for us. Maybe the auctions are lower for another reason that an rv?
Tony: I know a couple of weeks ago, we saw an article out of Bagdhad where shabbs said 80 90 % of all of the 3 zeros had been withdrawn.
Dan – that means that incountry they have taken in 80 – 90% in and getting ready with lower denominations. Getting readu for the rv. Nut how come they dealers are still selloing them? How can that be happening? They aren’t worried about what happens here. Therey are working on the removal in country. When they say they are hauling it all in we have to be resonibale. They are doing it around their country, preparing their revaluaiton for the country not for us.
Tony: That is waht we are talking a out casue it has to happen in country before out of country. Thwhole information game – if it comes out – it is how each person interpretts it. If it goes from one eperson throu 10 people it all changes. People ties that incountry removal to the whole world. Not so – incountry. There is a shortage in countrty of the large 3 didgit notes there. If some people over there have some, doesn’t mean that there isn’t a shortage of them.
Dan: But good info. Tells us the investment is going forward. I am in a grwat mood. We’ve all been wrong.
Ann – Mikki Rn is in our chat room. She had an interesting ? she said what if the notes being drawn in are being sold to the dealers to sell to us?
Dan: When we see 80-90% are being brought in versus what’s being sold bnillions and billions being brought back in.
Tony: I f they borought in 80 90% and say they ahve burnt them. Let’s say they didn’t and are sending them to us so that the US could hold them in their bank and owe the UD 50 trillion dollars? Money goes to the fed still gets sdestroyed and goes on the credit balance. A computer. says how mush we colledctec. how much over here you know. How much you owe us. If there was a big ocnsipiatecy tpfor hus to noe th ne a part of this… don’t hyou thiknk they could have adderssed this?
Ann – They don’t need them but they can send them over here and we’re buying them/Ok they send them to us, We buy ptro dollars and burn them here.
Tony – that’s what happens.
Dan: When someone asks these ?’s and only know 20 30 percent of the information, can be frustrateing. These are facts. The dollar is going down. No one is buying it. China russia etc. Would you be shocked to find out we are selling 5 – 6 billion dollars. Fed is printing it. The fed is buying it. They sell it to the Trasury. Sll at a profit and for interest. Fed has been writing checks with no money for decades. Today 5 -6 billion being printed selling at a profit and interest. Dropping the sollar and rasiing the prices of gold. The us sec of the us apprves the oil contracts there.
Shabbibi isn’t the one making the discisions. he repeats what he is told to do and say. Kennedy etc. just a figurehead. When we heare that Shabbs made an announcemnt like that have to say it doesn’t make sense. We look at this stuff and take it apart before we let it out.
If thery were recalling that $ and selling to us… how can they turn circulated into uncirculated and sell it to us?
Dan: The moneh coming into the majotr currency traders is brand new bills. Not hard to see. Our ;point is when is it going to happen?
People thought I sounded mad yesterady. How many of you are frustrated that you have heard it was going to happen everyweekend but it doesn’t. Still in a good mood, a great investment and think it will happen. When you hear us on a call and ask why I or Tony would say those things. No one is paying us for a reason, that we are trying to help. Give it a minute to figure it out.
We are going to change the site a little bit to become the first site to be a better leader. Time to hold some of these people and our selves to more accountability. Can’t check every piece of intel inside out. We need to be telling people it is the right time the right investment. If it happens tomorrow what are you going to do? Tomorrow our guest is from the hybrid foreign currency company. Has somethings you may find interesting. It is free software. Nothng in it here for anyone. We’re just looking at it for ourselves so why not share it with you guys.
Figure out how to make 20 -40% on your money a month – that’s what they claim.
Tony: Go start a new thread and tell CM what you think of this call.
I will echo what he said.
Dan – I didn’t mean to imply that I had a secret that would upset anyone.
TexasGuy – ? in chat room – is Dan selling software?
Dan – whoever said that ban them. Are they serious? Chickenwing had some ridiculous stuff he posted esterday. Needes to go back and listen to the call. A point where it becomes rude. You can beat me up all you want as long as it makes sense. Don’t like unconstrcutive debating. Prove me wrong so I can change my opinions.
Tony: We’ll continue to bring the best information. Still think we have the best intel sources there. We may not give you the complete information till it happens. We get a lot of information and don’t bring it all to ou right now. Some times we get told we can’t tell you. Have calls form wsome gobt people who are listening and say we have some good resources, good contacts. You ahve made some h*ll of a guesses. They were right. Told there were 400 people in Iraq who serach the internet for this. They say we have a great site. This is not a competition with the other sites to say who discovers the rv first. No one will care. I don’t care. Not a competition. I talk to people, Okie etc. We even share information that is what we are supposed to do . To do the best we can to put it together. Not a competition. Trhying to get information that’s all. No one is talking about one site or the other.
Good people on every site. Godd information on every site. Would like to think our contacts are a little higher up the food chain.
Dan: Trying to let you know where this site is going and what the team is thinking about. If you think we are lecturing maybe this site is not for you.
Everyone saying it will happen if not Saturday or Sunday. An overwhelming number of people saying I am wrong.
Simon: ? I posted an article today that the bank is closed on Sunday for their labor day. (CBI).
Tony: They paid half of the people last time that we know of. Some on the smart card we’ve been told of. Today is payday again. What will happen today. Tomorrow is a holiday. They could get paid on Saturday. Something has to happen. Let’s see.
? Want to appreciate you for the info. Look at the article re time running out for the ministers? Search it under your emails.
Tony – If anyone is replaced in 100 days it will be Maliki not the entire govt. Don’t be surprised that wasnt the plan to start with and that’s why dragged this out.
? When is the talk show tomororw?
Dan: In the afternoon. We do intereviews and then have to splice them together. Talkes 3 -4 hours to do an hour. Will be posted on the radio talk show area. Will be recorded and up tomorrow afternoon. I am anxious to talk to the guy,.
Simon – Just posted a news article that explains why the cbi is reducing dinar sales.
? We really appreciate what you guys have and will do. The only area I disagree with Dan a bit on is to give the moddsa more power to ban the small minded people that come in with disrespect and basjing they put up with more than tthey should. Debate is great but no call for disrespsect. Wanted to say thank you.
Tony: I agree with you. Dan agress with you. We want to give you a little lea way to talk but not be disrespectful to the mods. Dan, me or each other. Not what the site is for,
Double bull: Mods do have the power to do that. We are trying to understand the durstration of people. Dan is my best friend in the world. You won’t attack him or Tony with out me taking you down. The mods do a good job. I do go in and edit. You may see someone jumping on this guy who has a bad post. I may then go in and cut out the bad stuff and leave the good stuff in.
? Need to know – how can we be so far off on this intel? I know a stupid question… how can we be this far off? What are we dealing with here? Dan – you’re private posts absolutely great. Why is this so far off?
<Continued below>
PART 2:
Dan: I am going to buy your $29 fee for the webinar with the lawyers. I think this is a smart ?.
Tony: I don’t think we are that far off. I really don’t talk to people in every aprt of the gove. Even Dan says doesn’t think we are that far off. I think the country’s money supply is low. I think they are trying to ghet things done. A new sources, so high up non the chain, telling us exactly what they are doing. brought us all kinds of information that isn’t even public yet. They are all saying any day now. Everything has been down. Supposedly the 3 ministers were voted on last night and done. Maliki suppose to be back on Sunday. There was a problem. They put people in there and then the problem was resolved in a couple of hours. It is happening. It is right there.
? Dan I think like you trust me A friend of mine thinks like Tony.
Tony: I want to give you this analogy that I use. I am blind… (not literally), standing in middle of the street Have 10 people I know. or 10 I don’t know. I ask each one what color is the sky. If 2 say it is blue and 8 say it is gray who do I believe. I believe the 8 versus the 2. It doesn’t benefit anyone. Dan said that’s not what he said. Didn’t say Shabibi wasn’t on tv. Just said wasn’t what was said about the rv.
Dan – Go back in your mind. I though August 16th was the day this would happen. Believed we were at the edge. 7 – 10 times after that before the end of the year. Everyone of us has been at a spot and thinking the time was for sure. Can you go back to then and imagine April 28th on a call and hearing Tony say we are there. Isn’t it time to start getting better intel?
Tony: Give an interpretation in how you feel about it. It is easy to say its not going to happen you would have been right for 8 years. Things change and they progress. We thought this was over Sept. or Oct. Along the way they would say that this law had to be passed etc. those things did have to take place for this to happen. They only things that have been wrong or the date and the rate. No one will be right until after it happens.
Dan; Definitely need to start moving towards what makes sense. Have to stop and say that the people who have been giving us intel – and say that have been given information that has been bad for months in a row. When I get detailed stories for months in a row I have to wonder who is giving us a lot of misinformation. People know that China, the US or the UK are not going to stop this right before it happened. No. The intel was wrong. Just getting closer and people are getting excited. That’s why we have so many storeis. Some people are making stuff up We need to figure out who. Irritated about the left field stuff. Some of these people are good people but have been duped. 2 -3 guys up the chain there is someone who likes to make things up. Can’t be nothings. As a team we need to get better at this. I am buying your ticket cause of your smart ?
? Looking forward to the post rv stuff you are putting on. Can we have more detail on the webinar? And anything else yuouo have coming up?
Dan – The date is the 4th of May. Will post it tomorrow. Waited and the price went down. Will post at 9 pst. If we have 250 people that are going to do that he will open up another class. How to protect you $ and have the least amount of taxes and protect hyourself from being sued.They believe they are going to get clients out of this and the only reason they are doing it for $29.00.
? Thought call yesterday really on target and I appreciate it. Dan you said you talked to your intel sources who said not happening this weekend. What did he say was left to do before the rv?
Dan – trying to figure out how to answer that question. There is a physical reason. This is a very touchy one. Friend of mine that sits in a high place. There’s a physical reason. Two sources said the same thing. Said wouldn’t happen Friday or Saturday. They think it could pop any miinute. Some things have to take place for this to happen. Can’t happen before Saturday or Sunday is what they said, I hope they are wrong. There’s boards today saying it will happen tonight. Not trying to be one of those guys. Know that if you have a reserve off you get frustrated. Can’t say any more than the next 2 – 3 days doesn’t seem it is even possible physically, but can be right after that. Not changing my stance.
? Heard people say they don’t ask why the intel didn’t come true. You guys at least ask what happened. ? about smart cards? Did they put $1100 usd or dinar on there?
Ton: We did have BOG …
Chief – An ongoing process. Won’t happen over night. 40-50 bases there and 18 different provences and 3 regions. Only know it was the equivalent of $1100 usd. Don’t know what it was in dinars. We were waiting on a confirmation on JBT, Boozemanor whoever is there. haven’t gotten that yet. Supposed to be getting 250 usd per month.
Dan – what they used to get was 250 us before.
Tony – Didn’t have a card before.
Dan – Before that card they would get cash. How much a month? 250 us right?
Tony – I don’t know that.
Dan – we don’t knwo the # there.
Chief – when the original article came out that said 1200 dinar thought what? that’s a buck… then it was reduced to 250.
Dan – kind of confusing to me too.
Chief – they won’t give us that information.
Dan – A good source who has very good contacts over there. Called his military contacts there and asked this very thing. He was called immediately by his superiors and told they didn’t want any more questions about the dinar.
I believe they do care if we buy. he was told to stop asking any ? about the iqd.
Chief – We know they got $1100 worth. If you divide the 250 into that that is how you come up with the $4 + we did.
? About an article on another site regarding theie cbi reducing their dinar sales. Think taht is the article that was put out. So how about the Top of the Mark? Think something should be put together in SF.
Dan: Need a place to hold 1500 – 2000. You’ll see an itinerary for the event after this happens. A lot of stuff. 3 -4 different places we are looking at. A lot of work to get the right places. Maybe we should rent Alcatraz for the day.
? Ann – Curious about why pushing the 25k note so much? I wanted to buy some of the lower ones but they prived them more. Why?
Dan – They say the other ones are more paper, more work, more weight.. That’s what Ali said. Only a little bit more expensive.
Tony: A reason – they know they are going to be destroyed where the lower notes are going to be retained. Plus takes more of the smaller notes and costs more to ship it to you. Lower notes (50 and 250′s)
? ? for Chief. Something on the board several times earllier. That you thought it would be 60 – 90 days.
Chief – no 30- 60 days. Well there are a lot of time lines setup in schedule of things that need to be done In the past many things have gotten done well ahead of schedule. The things I listed are the thigns I know of. Tony and I went round robin on that stuff. Said that the UN said they were done with Kuwait. Then an article came out saying they had paid Kuwait reparations. Things could be donme will beforw that time frame. IMF doc has that schedule written out on there and has completed and uncompleted stuff on the doc. One was the largest commercial banks in Iraq had to be resctructured to communicate properly with the central bank. Very important. Al have to tie into the centeral bank. New power plant this weekend is fantastic news. We’ve had the U S Treasury guys there and they came home. IT guys may still be there. When they come home we know complete. Power plant gives uninterrupted power to the CBI and Baghdad facilities should have no problems there with that. Other items may have been dont but I haven’t confirmed that. Bernenke made mention of QE2 – quantitative easing for 2nd quarter. They are withdrawing the bonds they were going to sell. A good thing. Have to keep in your mind that it can happen now, but be prepared if it runs out till June. DFI protection ends in June. Several things that end in June. Currency Newshound said that Iraq will start a new era July 1. Know a lot of articles are misinformation. Continue on with tyour life. Don’t sit and dwell on this thing day in and out. We don’t know everything.
? Do we really know who is in charge of pushing this button? Who has to give permission to do it?
Dan – Easier to say who is not.
Chief – I was in a conversation about that today. Odd that there is one sources we do not have contacts with and that is the world bank. My theory is that we have the UN and the IMF. In charge of multiple things. Who is the money holder in this thing? The World Bank controls the world’s money…
Dan – I think a little more controversial than that. Individuals that control everything.
Chief – in the background – when you start looking at who controls the markets.. the world bank is behind that. IMF controls the countries different moneys. World banks controls when. A certain point they have to reach whether it is the gold, the oil, the silver…. dollar reaching a certain pont. We don’t have anyone at the world bank. May never have anyone there.
Dan – one member is a former consultant to the IMF and has a lot of really good info. This is a difficult to answer. There are people who are giants who control it. Still have to go back to the US, China etc. It is whoever has the biggest stick. They are all controlling it waiting for the most $$ to be in their park and wkill flip the sweithch..All ready,. Not waiting for anything. If the people wanted it to be done and said this was the bst time to make money it would be done.
Simon – an imf contact said to me – watch silver and gold – as long as they gol up it won’t happen. A lot more to this than just a flip of the switch. The dollar is being pushed down till gold reaches its top. Then other buttons that will be pushed to complete this thing and that will bring the dollar back up. One of the reasons in a holding pattern. So close it could happen at any minute. Know we are really close but we don’t know.
Chief – who is the overall entity – World Bank or IMF?
Dan – Don’t think either one.
? Don’t need to hear you are doing a good job from me. Wanted to reiterate something on smart cards. Took me 2 years to teach m mother how to use an atm card. Will take Iraaq a long time to teach the people how. It is good to know when things are good and bad. If Maliki is voted out of confidence how will that affect us dinar holders?
Dan – If it affects the greed factor it won’t matter. He won’t be voted out if it is going to stall the rv and they want it to be rv’s at this moment. None of those guys – doesn’t matter. Not about Itaq. About Iraq’s money and their wealth.
Certain countries that don’t figure into the bigger picture. Even though Iraq will be the saving grace, if they had the might and the power would have told the US to get out of their country when the US and the UN took over. Doesn’t matter which way the economy swings. It’s not about the $ of the U.S. When you talk about trusts and that stuff.. the U S can make the dollar look however they want as long as they control the gold etc.- only affects us little guys.
People want answers. Go to the GET site, Okie’s site and make your own decision. Then get to the point that you look at who is giving us what information. We want to be a little more constructiive with the information. let’s be a little bit more post -rv and how we are going to become better when we are better.
Had a 3 hour mod call today. Traveling soldier said – and we agreed. Started this site to educate the little guy. and keep him in the game. Tony says there are people, after this wealth has shifted that after 5 years will be broke. If we focus on that now and take that number from 90 to 80% – can we make the numbeers better afterwards? We might as well start to focus on the post rv stuff.
Tony – Trying to form a warning. Go look up lottery winners. 70% are broke in 5 years. 87% of professional athletes are broke after 5 years. You need to be learning right now – before you get it. Once in your hands you will just be spending it. Think about long term.
Dan – We hope we become more educated too. Point is – from Mike Tyson to a lot of people who thought they were different – most of them were wrong. Very few people that come out of it and keep on making it. We had this investment and didn’t have to work for it. Trying to help ourselfves and help you guys. let’s see how good we can make it.
Chief – Stay strong hang in there. It really could happen any minute. We don’t know all the facts.

The Commission on Article 140: the allocation of $ 170 million is not enough to end the normalization in the disputed areas

Baghdad, 30 April (Rn) – The Chairman of the Commission on Implementation of Article 140 that the Iraqi government has allocated $ 170 million for projects of Article 140 of the Constitution, it is not enough at all for an end to the issue of compensation of the disputed areas.
Said Raed Fahmi, told the Kurdish news agency (Rn) “The Iraqi government allocated during the current year amount of $ 170 million within the budget of the Presidential Council of Ministers, which is not enough at all to end the crisis of the disputed areas.”
He added that “the political blocs is not serious in the development of final solutions to close the file of the disputed areas and compensation for the deportees and immigrants according to a plan done by the Committee Rule Supreme to implement Article 140″.
He explained that “the Iraqi government is working to broaden the discussion with the main political polarization in the disputed areas to resolve the problem with a common vision does not cause confuse the political and security situation in the country during the next stage.”
The Commission asked for the application of Article 140 of the Iraqi government to allocate two billion dollars to compensate for the 150 000 family by deporting the former regime.
The Article 140 is one of the articles of the permanent Iraqi constitution to resolve the issue of disputed areas between the Kurdistan Regional Government in Arbil, the federal government in Baghdad, according to the article had to be the implementation of the paragraphs of the three end of 2007, which provides for the re-normal position of these areas and re-displaced in exchange for re- arrivals to their original places, and in the second paragraph should be a census year in these areas, along with the third paragraph to provide for the public opinion poll to vote on the accession of these areas to Kurdistan or to the federal government in Baghdad, has not been so far the implementation of any clause of these paragraphs are addressed in three stages: normalization, and then conduct a census, followed by a referendum among the population on the fate of disputed areas.

Raise zeros from Iraqi dinar and its positive and negative title for a scientific symposium at the University of Babylon. Report of the voice


The Faculty of Management and Economics at the University of Babylon, a scientific symposium entitled raise zeros from Iraqi dinar and its positive and negative was attended by Advisor to the Iraqi Central Bank and a number of economists and those interested in economic affairs in Babylon. Adel al-Husseini, details .....

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