Highlights/Thoughts
Click on the title of this posting to get the details of this posting on DD
1. Interesting moves in the world of Iraqi politics
2. Most of were thinking Shabibi was not doing anything because the RV or removal of zeros has not hit the net in a while
3. Shabibi has been busy making deals with thousands of companies and individuals to pay off that debt internationally and to protect the assets abroad
4. It had to be no small task
5. Med was thinking the government was not the hold up
6. Now he is certain it is not
7. It looks like a mini political coup may be brewing against Maliki
8. The Sadrist (40 seats) and the Islamic Counsel (18 seats), and who are both part of the National Alliance, are not happy with Maliki
9. It looks like they are both making deals with the List to move the power from Maliki to Allawi
10. Med is not sure what else needs to be done to finish this
11. It might be implementing the free market or the things they are resolving now before the free market can be implemented
12. Time is on our side--not Maliki's
13. The fate of Maliki's government is in the fold and the economy has to move
14. The economy won't survive another year
15. Given the choice, they either move to a free market or flounder
16. Maliki gave them a timeline of 100 days
17. If his government does not produce the results, he will not see 101
18. Violations of constitutional rights will be his downfall
19. For government to be successful, they must provide power, water, jobs
20. USD is not allowed for use by the Iraqi people
21. Contractors on military bases are paid by the US Govt
22. If contractors are in Iraq for the Iraqi government, the government has USD to pay them
23. One issue many in Iraq are having with Shabibi is that he promised an RV in 2010
24. Many economist in Iraq are not happy he didn't give it
25. Now he says for sure in 2011; he said he was fine tuning things
26. Astro believes the hold up on the RV is procedural and not related to the 3 ministries
Chat 2
1. This thing with Allawi dumping the strategic counsel and mending fences with Sadr and with Hakim is piquing Med's curiosity
2. It's like Allawi didn't want the counsel. He wants the PM
3. The investigation going on could get serious and Med thinks it will hit the Daiwa party hard
4. Maliki is trying to control what is going on in the country by stopping twitter and facebook from being used
5. That is definitely a violation of the constitutional rights
6. Med does not see twitter and facebook helping Maliki
7. Maliki is backed into a corner and has half of Parliament against him
8. His countrymen are not calling for him to get the boot yet, but it is not far from going from a small fire to an inferno
9. The private sector and jobs will be the turning point
10. Med thinks they are in a real bind and they cannot get the water and electricity done in 100 days
11. If they tell the people they won't get things done in another year or two, that will put things over the top and there will be some type of major revolution
12. Could be by parliament or by major protests followed by a move by parliament against Maliki
13. If Shabibi is working on whatever is needed to ensure some type of success quickly in the private sector, stopping rising inflation, and moving to the free market, the dinar will have to change
14. Med believes that the move to the free market is not a long-term goal, but more about getting it done to settle debts and protect the assets abroad
15. This probably consumed all of Shabibi's time since December when he was told to start
16. Not much more to discuss as much is the same...unhappy people, discontent with the political scene, and their demands are the same
17. Parliament will be back in session and we will see what they do
18. If Parliament continues to postpone sessions, the people will not have confidence in Parliament and render them worthless
This blog is all about the rumored revaluation of the Iraqi dinar, or the rumored reinstatement of the Iraqi dinar. If you have interesting intel, rumors, or news that you want to share, please feel free. I welcome all views.
I get information from news sites, dinar chat sites, and directly from friends in Skype and Yahoo IMs. I intend to only post important things--not everything. I'll do my best to post unique tidbits you may not find in other sites. Enjoy and follow me!!!
Thursday, March 3, 2011
3-3-11 Sadr Front threatens to ally with Allawi
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. The Sadr front threatened to stop supporting Maliki's government if he keeps up with his weak performance and failures
2. They front even hinted they will ally with Allawi to form a parliamentary majority in case the government fails to provide the people with the needed services within the 6 month deadline Sadr set
3. The Sadr front believes the 6 month deadline is more realistic compared to the 100 day deadline set by Maliki
Click on the title of this posting to get the details of this article
1. The Sadr front threatened to stop supporting Maliki's government if he keeps up with his weak performance and failures
2. They front even hinted they will ally with Allawi to form a parliamentary majority in case the government fails to provide the people with the needed services within the 6 month deadline Sadr set
3. The Sadr front believes the 6 month deadline is more realistic compared to the 100 day deadline set by Maliki
3-3-11 National Alliance: a proper replacement for the Federal Council on Allawi Policy Council
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. The head of the Alohraarvi Alttiaralsdri affiliated with the National Council said that Allawi abandon the presidency of the Council of strategic policies because he is convinced that the political blocs are not serious about enacting the Law of the Council
2. He said that the presidency of the Federal Council would be a suitable alternative for Allawi in the absence of the enactment of the Policy Board
3. He said the Board policies faced great difficulty for approval to enact the Law of the Council because there is no position like it in the Constitution
4. He said the Liberals from the Sadrist movement also agree that it would be appropriate for Allawi to chair the Federal Council which is parallel to the Presidency of the Council of Representatives
5. It was noted in the article that the Iraqi constitution stipulates that the federal legislative power shall consist of the House and the Federal Council, which will be aimed at linking the House of Representatives with the provincial councils in order to coordinate and resolve a lot of problems and outstanding issues, but that the Council did not enact a law so far
Click on the title of this posting to get the details of this article
1. The head of the Alohraarvi Alttiaralsdri affiliated with the National Council said that Allawi abandon the presidency of the Council of strategic policies because he is convinced that the political blocs are not serious about enacting the Law of the Council
2. He said that the presidency of the Federal Council would be a suitable alternative for Allawi in the absence of the enactment of the Policy Board
3. He said the Board policies faced great difficulty for approval to enact the Law of the Council because there is no position like it in the Constitution
4. He said the Liberals from the Sadrist movement also agree that it would be appropriate for Allawi to chair the Federal Council which is parallel to the Presidency of the Council of Representatives
5. It was noted in the article that the Iraqi constitution stipulates that the federal legislative power shall consist of the House and the Federal Council, which will be aimed at linking the House of Representatives with the provincial councils in order to coordinate and resolve a lot of problems and outstanding issues, but that the Council did not enact a law so far
3-3-11 Minister meets the President of the International Committee of the Red Cross and with him looking file missing Kuwaitis
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. The minister of human rights visited Iraq for the purpose of reviewing progress in the area of prisoners, missing persons, liberty of the blind people, and cooperation in the draft of blind person's freedoms
2. The minister said he is prepared to cooperate with any international organization specializing in the area of prisons and detention centers and that Iraq will seek to complete legislative action on the agreement
3. He also expressed the hope to support Iraq's efforts in the area of the missing Kuwaitis
4. It was stated that #3 is important in ending the procedures of Chapter 7 sanctions on Iraq
5. He said it isn't logical to keep this file on hold forever since Iraq has been working on all of the capabilities of what is in the resolution of this file (Chapter 7)
Iraq continues its work on getting out of the remaining sanctions in Chapter 7. We see this with all the news relating to Kuwait as well as in this article.
Click on the title of this posting to get the details of this article
1. The minister of human rights visited Iraq for the purpose of reviewing progress in the area of prisoners, missing persons, liberty of the blind people, and cooperation in the draft of blind person's freedoms
2. The minister said he is prepared to cooperate with any international organization specializing in the area of prisons and detention centers and that Iraq will seek to complete legislative action on the agreement
3. He also expressed the hope to support Iraq's efforts in the area of the missing Kuwaitis
4. It was stated that #3 is important in ending the procedures of Chapter 7 sanctions on Iraq
5. He said it isn't logical to keep this file on hold forever since Iraq has been working on all of the capabilities of what is in the resolution of this file (Chapter 7)
Iraq continues its work on getting out of the remaining sanctions in Chapter 7. We see this with all the news relating to Kuwait as well as in this article.
3-3-11 Talabani and Al-Maliki Confirmed Eligibility by Offering Services ... And Discuss the Security Crisis Ministries
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. Maliki met with Talabani and discussed the political side in Iraq and Arab regions as well as the need to complete the Cabinet for the security minters
2. They also discussed the demonstrations and the need for government to meet the needs of the protester's demands
3. Talabani stressed the meeting was positive and addresse all issues concerning the political process in Iraq
Click on the title of this posting to get the details of this article
1. Maliki met with Talabani and discussed the political side in Iraq and Arab regions as well as the need to complete the Cabinet for the security minters
2. They also discussed the demonstrations and the need for government to meet the needs of the protester's demands
3. Talabani stressed the meeting was positive and addresse all issues concerning the political process in Iraq
3-3-11 Allawi announced he has abandoned the presidency of the Supreme Council policies
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. Allawi gave up the presidency of the National Council due to Maliki's procrastination on the related legislation and implementation of the agreements from Erbil
2. Allawi stressed that this does not mean the List will withdraw from the political process
3. Barzani's agreement stipulated that the legislation of the Law of the National Council was to be completed one month after the formation of the government, but that didn't happen
4. The media office of the National Accord movement, led by Allawi, confirmed that he did give up the presidency and that the MPs from the list will remain in their places to exert the oversight role of government work
5. The remainder of the article provided historical reference on this
Hours after Allawi backs out, he met with Sadr
Allawi seeks to build positive relations with the Sadrists, the SCIRI, and the Kurds
The news of Allawi building relations with the Sadrists, SCIRI, and the Kurds tells me he's not out for good. I wonder if he's just mustering up support for when Maliki's government fails? Remember that Allawi said without his involvement in government, he gives Maliki about 6 months before his government crumbles. One thing to note about Allawi is that his track record on dates is not too shabby.
Click on the title of this posting to get the details of this article
1. Allawi gave up the presidency of the National Council due to Maliki's procrastination on the related legislation and implementation of the agreements from Erbil
2. Allawi stressed that this does not mean the List will withdraw from the political process
3. Barzani's agreement stipulated that the legislation of the Law of the National Council was to be completed one month after the formation of the government, but that didn't happen
4. The media office of the National Accord movement, led by Allawi, confirmed that he did give up the presidency and that the MPs from the list will remain in their places to exert the oversight role of government work
5. The remainder of the article provided historical reference on this
Hours after Allawi backs out, he met with Sadr
Allawi seeks to build positive relations with the Sadrists, the SCIRI, and the Kurds
The news of Allawi building relations with the Sadrists, SCIRI, and the Kurds tells me he's not out for good. I wonder if he's just mustering up support for when Maliki's government fails? Remember that Allawi said without his involvement in government, he gives Maliki about 6 months before his government crumbles. One thing to note about Allawi is that his track record on dates is not too shabby.
3-2-11 CBI auction results
Currency Auctions
Announcement No. (1847)
The latest daily currency auction was held in the Central Bank of Iraq on the 3-MAR-2011. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 17 |
| Auction price selling dinar / US$ | 1170 |
| Auction price buying dinar / US$ | ----- |
| Amount sold at auction price (US$) | 156,289,000 |
| Amount purchased at Auction price (US$) | ----- |
| Total offers for buying (US$) | 156,289,000 |
| Total offers for selling (US$) | ----- |
Dollar's exchange rates / in Baghdad markets
Subscribe to:
Posts (Atom)