February 4, 2012

News About Iraqi Dinar

Iraqi Dinar Exchange Rate

Currency Exchange News

* Parliamentary blocs meet today to discuss the issue of the adjournment of the parliament until further notice

التاريخ: Sunday, July 11

الائتلاف الوطني يؤكد رفض دولة القانون ترشيح بدلاء عن المالكي National Coalition confirms the refusal of the state law, the nomination of replacements for al-Maliki
بغداد – الصباح BAGHDAD – morning
في وقت لم تصل فيه القوى السياسية الرئيسة الى اتفاق بشأن المناصب الرئاسية قبل 24 ساعة من انتهاء المُهلة الدستورية، كشفت مصادر خاصة عن وجود دعوة لعقد اجتماع للكتل النيابية في مبنى مجلس النواب اليوم، لتدارس مسألة رفع جلسة البرلمان المفتوحة الى اشعار اخر. At the time did not reach the major political forces to agree on governing positions 24 hours before the constitutional deadline, sources in particular the existence of an invitation to a meeting of the blocks of Deputies in the House of Representatives today, to discuss the issue of lifting the parliamentary session open until further notice.

وفي حين رفض الائتلاف الوطني تأجيل عقد الجلسة المفتوحة، داعيا النواب الى الحضور، اكد قيادي في المجلس الاعلى الاسلامي ان دولة القانون رفض طلب الوطني بترشيح بدلاء عن المالكي. While the National Coalition refused to postpone the open meeting, calling on MPs to attend, said a leading role in the Supreme Council of Islamic law that the state refused the national nominating replacements for al-Maliki.

فقد اعلنت مصادر خاصة لـ”الصباح” عن دعوة وجهت الى قادة وممثلي الكتل النيابية للاجتماع في احدى قاعات مجلس النواب في قصر المؤتمرات ببغداد اليوم، لبحث مسألة عقد الجلسة. Private sources, has announced the “morning” for an invitation to the leaders and representatives of parliamentary blocs to a meeting in a chamber of the House of Representatives at the Conference Palace in Baghdad today to discuss the question of convening a meeting.

واكدت المصادر ان الاجتماع سيبحث فكرة تأجيل استئناف الجلسة الى اشعار اخر، لعدم توصل القوى السياسية الى توافق بشأن تسمية رئاستي البرلمان والجمهورية ومن ثم تكليف مرشح الكتلة النيابية الاكثر عددا لتشكيل الحكومة الجديدة. The sources confirmed that the meeting would discuss the idea to postpone resumption of the meeting to further notice, the failure of the political forces to agree on the nomination of my presidency and the parliament of the Republic and then mandate the candidate of the parliamentary majority to form a new government.

يشار الى ان الرئيس المؤقت لمجلس النواب الدكتور فؤاد معصوم اعلن امس الاول ان التاريخ الرسمي للجلسة البرلمانية المقبلة هو 13 تموز الجاري(يوم غد)، فيما اكد الخبير القانوني طارق حرب عدم جواز جعل جلسة الغد مفتوحة الى اجل غير مسمى لمخالفة هذا الأمر للدستور. Indicated that the Interim President of the House of Representatives, Dr. Fuad Masum, said yesterday that the official history of the parliamentary session, the next is July 13 this (tomorrow), which said the legal expert Tareq war may not be making tomorrow’s meeting is open indefinitely for violation of this Constitution.

في غضون ذلك، اكد القيادي في المجلس الاعلى الاسلامي عضو الائتلاف الوطني باقر جبر الزبيدي ان التحالف الوطني(دولة القانون والوطني) اتفقا على اغلب القضايا العالقة، عدا مسألة مرشح رئاسة الوزراء. In the meantime, said leader of the Islamic Supreme Council member of the National Coalition Bayan Jabr said the National Alliance (the rule of law and national) have agreed on most outstanding issues, except the issue of prime ministerial candidate.

واضاف الزبيدي في تصريح خاص لـ”الصباح” ان “ائتلافه ابلغ دولة القانون رسميا برفض ترشيح رئيس الوزراء نوري المالكي وضرورة تقديم بدلاء عنه، مؤكدا ان دولة القانون رفض ذلك واصر على ترشيح المالكي، مشيرا في الوقت نفسه الى “انه في حال استمر دولة القانون على موقفه ولم يطرح اسماء جديدة لتولي منصب رئاسة الوزراء سنذهب الى البرلمان ليقول قوله في هذه المسألة”. It promised in a statement the “morning” that “the coalition told the rule of law formally reject the nomination of Prime Minister Nuri al-Maliki and the need to provide replacements for, stressing that the state of law refused and insisted that Maliki’s nomination, noting at the same time,” that if the continued rule of law on his position did not put new names for the post of prime minister will go to parliament to say as saying in this matter. ”

وليس بعيدا عن ذلك، كشف عضو الائتلاف الوطني حميد معلة عن النية لعقد اجتماع مهم لقوى الائتلاف الوطني قريبا للبحث في اخر تطورات الوضع السياسي وبحث سبل الخروج من أزمة تشكيل الحكومة. Not far away, however, uncovered a member of the National Coalition Hamid Maaleh intention to hold an important meeting of the National Coalition forces soon to discuss the latest developments in the political situation and discuss ways out of forming a government.

معلة قال في تصريح لـ”الصباح”: ان قوى الائتلاف “ستدرس دعوة الكتل النيابية الى حضور جلسة البرلمان مع ضرورة عدم السماح بحدوث خرق دستوري بشأن المهلة التي حددها الدستور للتوصل الى تسمية الرئاسات الثلاث”. Maaleh said in a statement the “morning”: that the coalition forces would “study the invitation of the parliamentary blocs to attend a hearing with the parliament should not be allowed to happen on the breach of a constitutional deadline for a constitution to nominate three presidencies.”

LINK

* Kaperoni Post: Just4Dinar (Thoughts #5 – Stating My Case)

Kaperoni”s thoughts #5 – Stating my case

Ok, many have taken my last post out of context and said “Iraq does not need to RV”. That is not true and that is not what I said.

What I did say was that they can survive without a rv. But we all know they stated on numerous occasions there intentions to introduce smaller denominations and remove the larger (three zeros). And most importantly…take the dinar on a forward market “in the near future” as stated back in March 2010.

There are many things to consider prior to a rv. And I think seeing the small denominations either in circulation or sold on the street is important. You ask…sold on the street? Yes, I believe we will see them on the street. We all know what kind a country Iraq is. That they will sell there brother if they could. And IMO, if smaller denoms were in banks, someone would be showing them off for a price. The security in that country is not not good enough to prevent it. Coins are not in circulation, but they are for sale on EBay.

Iraq is progressing. But these other guys want you to think everyday the GOI will be seated and the rv will come a day or later. IMO it is simply not true. It is a plan and a process. They simply are not ready yet.

Iraq can make it from day to day…. from the loans to black market oil sales, they find money. Yes, we can all point to the many ways or reasons they need to get this RV done. Tradable currency, investment, WTO, etc. And it will happen. But I don’t see it happening in the next 30 days. I am still a believer in 2010, but we will have to wait and see.

* Medic chat: Dinar Speculator 7/11/10 @ 10:00pm

MED says to (22:44:09):
HEY GANG
WHAT A FRIGGIN DAY FOR NEWS
IT HASN’T STOPPED
I HAVE BEEN POSTING AND EDITING FOR ALMOST 2 HRS
THERE SEEMS TO BE SOME DAYLIGHT BETWEEN THE IRAQI LIST NOW AND THE NATIONAL ALLIANCE
AND THE NATIONAL ALLIANCE IS SAYING THEY WILL NOT ATTEND THE 2ND CONVENING
THEY ARE TAKING THEIR BALL AND GOING HOME
THEY NOW ARE USING THE SECRET AGREEMENT SCENARIO
SO THAT WHEN THEY COME THEIR
THE TWO BLOCS WILL SPRING IT ON THE NATIONAL ALLIANCE
AND MAKE THEM LOOK LIKE FOOLS
THE DID THAT ALL ON THEIR OWN
ALSO THERE WERE TWO GREAT ARTICLES
IN THE ECONOMIC FORUM
ONE AN INTERVIEW WITH JABR THE MINISTER OF FINANCE
AND AN ADVERSARY OF SHABIBI AND CENTRAL BANK
HE HAS NOT LIKE SHABS POLICIES AND FEELS THEY HAVE NOT BENEFITED THE PEOPLE OF IRAQ
HE IS ALSO A SUPPORTER OF THE RV OF 1 TO 1 WITH THE USD
ONE GOOD THING I FOUND OUT IN HIS INTERVIEW
WHICH I HAVE BEEN SEARCHING FOR FOR MONTHS
WHEN THE NEW GOVT FORMS
A NEW GOVERNOR WILL BE APPOINTED, CONFIRMED BY THE COUNCIL
ND THEN THE OTHER ARTICLE
DEALT WITH WHAT HAS TRANSPIRED THE LAST 4 YEARS
AND HOW IT EFFECTED THE POOR AND WEALTHY
WELL WE KNOW HOW IT EFFECTED THEM BOTH
SO THAT IS A NO BRAINER
RICH GOT RICHER
POOR GOT POORER
AND LITTLE WAS DONE ON THE INFRASTRUCTURE EXCEPT EMBEZZLING BILLIONS OF USD FROM THE MINISTRIES
ALSO THEY DISCUSSED THE FAILURE OF THE POLICIES OF CBI AND OTHERS
THAT CBI WAS MORE CONCERNED
WITH INSTITUTIONS WITHIN IRAQ THAN THE PEOPLE
AND THIS PROBABLY IN MY OPINION IF HE IS KEPT WILL NOT CHANGE
I DOUBT HE WILL BE KEPT
BEING THAT ALLAWI’S VIEW ON THE MONETARY POLICY AND SHABIBI’S DO NOT MESH
AND JABR’S AND SHABIBI’S DO NOT MESH EITHER
JABR WAS BEING CONSIDERED THE INDEPENDENT CANDIDATE FOR PM
BUT RIGHT NOW IT LOOKS LIKE THE LIST HAS MADE A COMEBACK
AND THEY HAVE BEAT BACK ALL THE MONTHS OF TRICKS AND PROPAGANDA THAT THE NATIONAL ALLIANCE PUT OUT
SO NOW WE WILL WAIT TO SEE WHAT COMES OUT IN THE NEXT PROBABLY 6-12 HRS
IF DEALS ARE MADE THIS IS WHEN WE SHOULD KNOW
BUT TO ME AFTER SIFTING ALL THE ARTICLES THROUGH MY PORTABLE B.S. SHREDDER…..I FEEL NOW VERY POSITIVE ABOUT THE OUTCOME….
OK ALL DONE

bruledev says to (22:56:05):
If Allawi gets this done he deserves a statue in his image.

Preach says to (22:56:06):
Has any more been heard about the GE contracts?

MED says to (22:56:16):
SONNY CALLED ME TODAY
AND WE DISCUSSED THIS ALL IN DETAIL
WE HAD ONE OPINION ON IT
THAT IT IS ALL BASED ON THE FORMATION OF A GOVT
AND IF NOT
THEN UNLESS THE IMF PUTS ON THE SQUEEZE
THEY WILL NOT BE ABLE TO PAY THEM AS THEY SAID
NOW THIS WEEK IS WHEN THE IMF AND IRAQ MEET FOR 4 DAYS
I WILL WAIT TO SEE HOW THE ENTIRE WEEK RUNS
BEFORE I COME TO ANY CONCLUSION
I DON’T WANT TO JUMP THE GUN
HERE
WITHOUT ALL THE INFO AND MEETINGS FINISHED
I WAS ONLY REPORTING THE FACTS AVAILABLE
THE NATIONAL ALLIANCE RIGHT NOW IS ON LIFE SUPPORT
AND THEY HAVE A DNR ORDER

calldinar says to (23:01:00):
Sometimes it seems to be hard to find. Something that is positive.

Med says to (23:01:30)
I DON’T MAKE JUDGEMENTS CALLDINAR UNTIL I LOOK AT ALL THE FACTS
WHO PUT INFO IN THE MEDIA
AND THE TIMELINE IT WAS PUT IN THE MEDIA
THEN I PUT IT ALL TOGETHER TO GET AN ANALOGY OF THE ENTIRE DAY
AND I DON’T LET THINGS UPSET ME
I KEEP AN OPEN MIND
AND DON’T TAKE WHAT THEY DO PERSONAL
OK ANYMORE ?’S
I CAN HELP WITH MAYBE
YES THAT IS PRETTY GOOD ANALOGY OF THE SITUATION

ArlingtonAZ says to (23:03:36):
any more on the small denoms?

MED says to (23:03:49):
ESPECIALLY WHEN EVERYONE CALLS IN A NEWS FLASH
NO AZ
THE GUY CLAIMS
IT IS TRUE
BUT AS I TOLD SONNY AND HE AGREED
IF THEY WERE OUT
HUNDREDS OF MEMBERS FROM ALL OVER THE SITES
WOULD HAVE BEEN CALLED OR CONTACTED BY A FAMILY MEMBER IN IRAQ
AND HAVE WE HAD ANYMORE REPORTS THAN ONE
NO
SO I HAVE TO COUNT IT AS WISHFUL THINKING

MasterKim says to (23:05:53):
Do you have any further thoughts on which is the greater need, to see stability in the Iraq or assist the other world currencies with the RV.

glorie says to (23:05:56):
Med what 4 days this week are the IMF and Iraq meeting ?

kenstrip says to (23:06:02):
med would the parliament have a quorum if national doesn’t show up Tuesday.

MED says to (23:06:12):
OK MK FIRST
IN WHAT I AM READING
THEY CONSIDER THEMSELVES STABLE
AND THE ISSUE OF THE GOVT
IS NOT A STABILITY ISSUE WITH THEM
ON THE 4 DAYS
IT IS THE 13-17TH
YES THEY WOULD KEN
A QUORUM IS 60% I BELIEVE IN THE PARLIAMENT
AND WITH THE N.A. OUT
TAKE 70 FROM 325
AND YOU HAVE 255 COMING
TO SEAT
THE LIST AND RULE WOULD HAVE 180 ALONE
AND THEY WILL BRING IN THE KURDS
WHICH HAVE 40-57 SEATS
40 TO THE KURDISTAN ALLIANCE ALONE
SO THERE IS MORE THAN ENOUGH TO PUT THE POR AND POP AND 2 DEPUTIES IN PLACE
IN THIS SESSION
WHICH IS ALL THAT IS REQUIRED
I DON’T KNOW WHY THE ISSUE OF 3 PRESIDENCIES HAS COME INTO PLAY SO MUCH ON THE 2ND SESSION
ANYMORE

MasterKim says to (23:11:13):
Sorry Med, I wasn’t clear. I meant the need of the IMF to see stability in Iraq before the RV or the need for the IMF to RV the dinar to assist the other world currencies.

MED says to (23:11:26):
BOTH

MasterKim says to (23:11:40):
Which is greater?
For the IMF?

MED says to (23:12:06):
THAT I CAN’T SAY WITH ALLOT OF AUTHORITY
IF IT WERE ME
IT WOULD BE WORLD CURRENCIES
IF I WERE TO GUESS
AND SINCE MY GUESSES SUCK
I PROBABLY WOULD GO WITH THE OPPOSITE

JARV says to (23:12:48):
Med how do you feel about the special meeting of Un and Dfi Tomorrow?

mjmc23 says to (23:12:49):
med do you think they will work thr holiday if not settled before than

the baroness says to (23:13:40):
If Maliki leaves, do his 89 votes go with him?

MED says to (23:13:48):
ALL THAT IS IS THE U.N. TRANSFERRING THE DFI TO THEM AND THE FUNDS BEING HANDLED FROM NOW ON BY THE U.S. TREASURY
I CAN’T SAY MJMC
BECAUSE WE HAVE NO HISTORY WITH THIS PARLIAMENT
YES BARONESS
THAT IS TRUE
ANYMORE
WELL THAT IS ALL I HAVE FOR NOW
TY

* Rumor from KTF Missions – 7/11/10

No link, No proof…..Allawi to be named PM on Tuesday the 13th and IMF to “impose new rate” on Iraq @1.50 neighborhood on Thursday, the 15th….take it for what it’s worth …..thanks to everyone here for the attitude and spirit.

* Mailman chat #2: Dinar Speculator 7/11/10 @ 9:00pm

mailman17 says to  (21:48:58):

BEFORE I GO TO NI-NI LAND…I HAVE A QUESTION…READY?

IS IRAQ GOING BEFORE THE UN REGARDING THEIR DFI?

YES OR NO?

butterfly says to  (21:49:55):

YES

mailman17 says to  (21:49:57):

TY BUTTER

NOW…DOESNT ANYONE THINK IT RATHER ODD

THAT IRAQ WOULD HAVE THE GONADS OR AUDACITY TO GO BEFORE THE UN

‘ASKING ANYTHING

WITHOUT FOLLOWING THEIR OWN CONSTITUTIONAL LAWS?

butterfly says to  (21:51:44):

i HOPE they dont have the balls lol

mailman17 says to  (21:51:57):

AND HAVING A PRESIDENT IN PLACE WHO THEN GIVES ALLAWI THE NOD TO FORM? 

butterfly says to  (21:52:04):

but WHO is actually going to meet with the UN right now

DinarOwner says to  (21:52:04):

MM… IRAQ doesn’t have the same value as we do with their constitution… so I am not surprised 

mailman17 says to  (21:52:09):

IF YOU WERE THE UN

WOULD YOU EVEN ALLOW A MEETING?

butterfly says to  (21:52:31):

thats a good point there 

mailman17 says to  (21:52:33):

FOOD FOR THOUGHT…PLAY NICE…SEE YA TOMORROW

DINAROWNER…NO THEY DONT…BUT THE UN DOESNT ALLOW USELESS MEETINGS EITHER..

AND YOU CAN BET THAT IRAQ WAS EARNED THAT IF THEY DONT TOW THE LINE AND FOLLOW PROROCOL AND THEIR OWN CONSTITUTION,

THEY CAN KISS SANCTIONS GOODBYE

KISS THEIR DFI GOODBYE

AND

WE WILL PLACE PEOPLE IN POSITIONS AS WE SEE FIT

DONE IT ONCE ALREADY

WE WILL DO IT AGAIN

butterfly says to  (21:54:50):

i am ready for this week…..it will be very interesting to watch it go down

mailman17 says to  (21:55:00):

IRAQ …AS MUCH AS THEY HATE US AND THE WESTERN WORLD

butterfly says to  (21:55:10):

UN and our Govt knows more than we do….trust me

mailman17 says to  (21:55:20):

IMO…WILL NOT ALLOW THIS TO HAPPEN

THEY WILL SUCK IT UP….MALIKI DID ALREADY…WHOS NEXT?

LOL

DinarOwner says to  (21:55:58):

OK MM, but I think they will get it from the UN… just saying….. time will tell.

mailman17 says to  (21:56:15):

GET WHAT DO?

DinarOwner says to  (21:56:29):

extended DFI….

mailman17 says to  (21:56:30):

AN EXTENSION?  NO WAY

NOT WITHOUT GIVING SOMETHING BACK

butterfly says to  (21:57:03):

ban ki has said no

mailman17 says to  (21:57:06):

UN IS TIRED OF PLAYING KIDDIE GAMES

ITS HARDBALL NOW

A LOT DEPENDS ON IRAQ DOING WHAT THEY ARE SUPPOSED TO DO

EUROPE CANNOT WAIT ANY LONGER

COMAPNIES LIKE GE AND MANY OTHERS CANNOT WAIT ANY LONGER

butterfly says to  (21:58:16):

the WORLD cant wait any longer

spraky says to  (21:58:20):

no more games

mailman17 says to  (21:58:23):

JIM..NO THEY HAVE NOT

BUT NOW ITS CRUNCH TIME

THEY ARE OUT OF OPTIONS

TRUE BF…UNDER IMMENSE PRESSURE

BUT AN RV IS THE PINNACLE…

butterfly says to  (21:59:21):

and there is more pressure than ever now

mailman17 says to  (21:59:29):

EXACTLY

OK..LATER PEEPS…BEHAVE

LOL

* Mailman chat: Dinar Speculator 7/11/10 @ 4:00pm

mailman17 says to  (15:31:07):

ALAS…HERE COME THE BACKROOM DEALS…..

BAM

BUILD IT AND THEY WILL COME

BOITER IS ALL THEY KNOW

BUT THEY FORGOT WE KNEW TOO…LOL

trailracer13 says to  (15:32:15):

I’ll give you this if you give me that

mailman17 says to  (15:32:33):

BOITER IS THERE WAY OF LIFE

HAS BEEN FOR A THOUSAND YEARS

BLAH BLAH BLAH…LOL

REMEMBER THAT 80% OR BETTER OF THE ARTICLES THAT COME OUT IS BASIC REHASH OR BULLFOOL

BULCHIT..I STAND CORRECTED…LOL

wolverine4dinars says to  (15:35:41):

Sounds to me like they will need a currency to use in the supermarkets, and I would think in a manageable denoms, is that your take Mailman?

mailman17 says to  (15:36:00):

YEP

HAS EVERYONE FORGOT THE GE CONTRACT?

30 DAY CONTRACT…YES?

PAYABLE IN DINAR..YES?

Preach says to  (15:37:07):

I figured they had put it on hold like everything else.

papaw19 says to  (15:37:13):

GE 30 days,,,,,Iraq ????????? days

mailman17 says to  (15:37:18):

GE DONT HOLD FOR ANYONE

HENCE BIDEN

BIDEN NOT ONLY REPRESENTED AMERICA, BUT ALSO AMERICAN COMPAINIES

NOT TO MENTION 100 COMPAANIES AT THE DOOR

AMERICAN BUSINESS WANTS IN…PERIOD

AND WILL NOT WAIT ANY LONGER

ESPECIALLY WITH CONTRACTS ALREADY WRITTEN IN IRAQI BLOOD

YOU CANNOT ASK FOR WTO IF YOU DONT PLAY BY THE RULES

FOOD FOR THOUGHT

Preach says to  (15:40:54):

Isn’t  the 26 of July their dead line?

mailman17 says to  (15:41:00):

NOW…HERES SOMETHING FOR THE NEWSHOUNDS TO FIND…READY?

WHAT DEALS ARE PENDING OR SIGNED FOR BP?

HMMMMM!!!!!!!!

GiGi says to  (15:41:41):

BP has taken the largest oil field in Iraq…..read it on reuters

mailman17 says to  (15:42:37):

YOU THINK BP IS GONNA TAKE THE MAJOR BURN FOR THEIR OIL SPILL IN THE GULF WITHOUT A RECAP OF THEIR LOSSES HOPEFULLY COMING OUT OF FUTURE IRAQ DEALS?

NOW..THE QUESTION IS?

HOW LONG CAN BP WAIT?

BETCHYA NOT AS LONG AS THE GULF STATES CAN FILE FOR A LAWSUIT…

ONCE AGAIN…FOOD FOR THOUGHT

GiGi says to  (15:43:37):

going to invest 15 billion to develop largest oil field in iraq

mailman17 says to  (15:43:50):

AND JUST ANOTHER REASON…THIS WILL GET ACCELERATED…HYPERDRIVE

AS ALWAYS…JMO

GULF STATES MEANING OUR GULF STATES

THERE ARE TOO MANY ACCELERANTS IN THE LAST YEAR…IE..GULF OIL SPILL, EURO DECLINE…WHICH BY THE WAY IS PEGGED TO MANY CURRENCIES’

FOR THE DINAR TO BE PUT NUMERO UNO ON THE UN/US/IMF/G7/G8/G20/ WATCHLIST AS PRIORITY

ONCE AGAIN..LOOK OUTSIDE THE  BOX PEEPS…

OK…GOING SWIMMING WITH MY LABS…BE BACK LATER

THE 13 IS THE DAY TO LOOK FOR TALABANI…NOTHING ELSE

THE RV IS AFTER THAT

BUT

TALABANI NEEDS TO BE PUT IN BEFORE WE CAN EVEN THINK OF CHILLING THAT DOM PERIGNONE..

SO….

WHAT DO WE DO?

WE WAIT…LO

LOL

LATER…ENJOY THE DAY..PEACE OUT

Unknown Poster: Washington Info on Iraq (Found on Just4Dinar)

Topic: Washington Information Post Reply

This morning I ended up talking to a friend of mine from Washington that works for the Government as a Analyst. His focus is on the Middle East, and he is from the ME. He provides information to Government departments on what is actually going on, on the ground and in the news. He also works to find out the true stories instead of the BS. I asked him about the Dinar and here is a summation of what his thoughts were:

What’s going on over there now?

Things are not good. Government is so corrupt that IMO the money will never make it to the people. Most of the parliament has duel citizenships and is clearly out for their own interests. Democracy at least in the short term is going to have a hard time existing in the M.E. With the US draw down things are looking even worse.

What about the future of the Dinar?

Could be a good investment but they have bigger problems. You can’t revalue a currency with so much corruption and the USG knows that. Government is too shaky. Added to these recent developments with IRAN make it even worse. If something happens Iraq will most assuredly get pulled in. Iran does not want Iraq to succeed it will look bad on them so they are doing everything they can to stall any progress.

What about the CBI pulling the trigger on Dinar value?

From what I am seeing they have probably pulled back at least for the foreseeable future. The CBI attack was a bigger embarrassment than what you may see in the news. Iraq cannot even protect it’s most important bank. This attack killed 14 people…gruesome. This was a severe shakeup in the CBI which they are investigating even further.

What’s preventing the Dinar from going up in value then?

Corruption! They can’t seem to stop the theft fast enough because almost everyone is in on the take. The US will not allow this to happen however soon the US is going to be pulling out and from my information they are going to be left on their own to fight their battles.

Did you always feel this way?

Up until right after the elections you can see the true colors coming out and that does not change overnight just because of the US or our actions. The problem is we are thinking as an American, really more rational. They don’t! If they create too much wealth they lose power and that is what is ultimately most important to many of these people in this region. You have to understand that with these religious issues and political issues you are dealing with….that is the worst combination.

Do you feel it may happen then and when?

At this point I do not feel it is a wise investment. I could be wrong but you have to understand I see way more information than you even see in the news. Things are just not favorable. The US will try to paint a good picture for you but in reality as far as the country goes they have a long rocky road that IMO Democracy is not the answer for this country. They need stronger leadership for now.

* Zebari Heads to New York for Talks on DFI & Ch 7

News – Ministry of Foreign Affairs

11 July 2010

Foreign Minister heads the Iraqi government delegation for talks with Secretary General of the United Nations and Security Council members On the immunity of Iraqi money and out of Iraq of the provisions of Chapter VII

The delegation of the government on 07/11/2010 in New York under the chairmanship of the Minister of Foreign Affairs and membership of the President of the Court Financial control and central bank governor and senior adviser to Mr. Prime Minister and senior officials of the Ministry of Foreign Affairs.

The delegation will submit a quarterly report to the Iraqi government to the council on the financial arrangements and time for money Iraqi Development Fund for Iraq during the coming period to ensure the maintenance and preservation in the face of claims Legal.

He will also meet Minister for Foreign Affairs Hoshyar Zebari, the members of the delegation with UN Secretary General Ban Ki-moon And his top aides and the five permanent organ of the Security Council.

http://www.mofa.gov.iq/arabic/news/display.aspx?NewsID=8793