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  1. #1

    The Dinar Daily, Wednesday February 11, 2015





    The Exchange Rate of Foreign Currency in Economic Feasibility Studies

    Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.

    Estimate the shadow price of foreign currency:

    1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine.

    The central controls for adjusting market prices distinguished a group of outputs and inputs traded internationally, where the projects production or usage of them is reflected on the abundance of foreign currency in the economy and thus project outputs or inputs used of such are considered purely foreign currency outputs or inputs.

    * What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar.In particular the following outputs and inputs of foreign currency were distinguished:


    • Export-outputs.
    • Outputs marketed locally that substitute imports.
    • Imported inputs.
    • Inputs produced locally that usually go to exports.
    • Foreign labor.


    According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules.

    In other words the pricing rules calculate what the project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency …. etc.).

    In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency.

    2. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports… etc.

    The justifications to call for the use of an exchange rate that is lower than the official exchange rate are:


    • The use of an exchange rate that is lower than the official rate is the appropriate action at the investment planning level to translate the country’s economic strategy aiming at stimulating central investments in the sectors that encourage the development of non-oil exports, as well as sectors that encourage the expansion of domestic production base in order to reduce imports and compensate it with local commodities. This helps to reduce reliance on foreign exchange earnings from crude oil exports and increases the share of non-oil sectors in the local production.
    • The application of the amended exchange rate on project imported inputs will assist in directing investments away from aggregated sectors dependent on imported inputs and the preference of those sectors that rely on locally produced inputs.
    • The use of the amended exchange rate helps to correct the balance in favor of the traded goods sectors compared to non-traded goods.
    • The real exchange rate has declined rapidly since the early seventies, through rapid rise of the level of prices and local costs which led by the steadiness of the official exchange rate to change in prices and actual local rate costs that gave an advantage for imported goods at the expense of locally produced goods, meaning that it led to deterioration of the competitiveness of alternative replacement goods and export commodities.
    • This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of.


    And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate.

    3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.



    The Republic of Iraq – Ministry of Planning

    and

    A "flashback recap" of a Live Q and A Call from about a year ago - on THE DAILY DINAR NEWS BLOG...

    In general terms – there were three main focal points of interest I wanted to cover and then allow listeners to ask whatever questions they liked.

    1) the SIGR report…


    2) the Gold Article…


    3) the IIER report…


    I started the conversation out last night by highlighting how crazy this campaign being fielded to contact our lawmakers and bank CEO’s and tell them how unfair it is they are getting to exchange (exchange is the right terminology BTW – NOT “CASH-IN”) at 32.00 per Dinar and we are not – is. It is nuts.


    Firstly, “they” are NOT being allowed to exchange “early” – or at 32.00 per Dinar. It makes you sound “stark raving MAD” to be caught saying such things. You would be better off barking at the moon. It is demeaning to the validity of a true currency play.


    Secondly, this is entirely the wrong way to approach them. I pointed out on the call that Poppy and I fielded a very successful such campaign a couple of years ago. However, we sat down and came up with a much different approach. It was designed to get answers and to approach our lawmakers with respect and as their constituents. Not like a bunch of lunatics. We had extraordinary participation (because it made sense) and we received a good response from lawmakers. It started the conversation in a reasonable manner.


    I asked one caller – “when was the last time you asked a banker for money and told him how unfair it was if he didn’t give it to you”??? Obviously – we chuckled…


    Another caller asked me if (as DC had relayed) – the “zero’s were raised” and the lower denominations were in circulation??


    I said plainly “no”…lower denominations being in circulation would (at the very least) imply there had been a value change. If there were no value change the lower denoms would not only be of little value, they would be such a hinderance – people might even throw them away just to get rid of them. So no – no lower denoms. I told the caller to check the
    CBI.iq website for “real” info on rate change.

    The “zero’s being raised” or “deleted” – as explained by any reasonable researcher, economist or authority – is simply the process removing the large (3 zero notes) from circulation.


    Referring to an Enorrste post from today on
    THE DINAR OBSERVER DAILY(you may want to put this on your favorites and check in several times a day – we to it often )

    “…I have never found a single article from the CBI or the IMF that equates “delete the zeros” to the idea of “move the decimal point.” Instead, the statements overwhelmingly come out to mean “remove the large notes from circulation.”


    Also – this recent internal memo put out by Wells Fargo is likely “push back” from this recent campaign. I pointed out that Pinnacle Bank published an article by an “affiliate” in their internal publication and then “highlighted it” in a similar internal memo a couple of years ago. It is just a defense mechanism. I’m sure Wells is tired of having their name dragged through the “internet rumor mill”. This is highly likely the reason for their vigorous denials about handling it in the future. They get so many useless calls – it isn’t worth the headache. Can you blame them??


    Further, for any bank, lawmaker, adviser or official to state the “Dinar is a scam” is nearly as foolish as some of the internet “Gurus”. It is the official currency of a COUNTRY. I pointed out (below) the post from yesterday’s
    DINAR OBSERVER DAILY
    – highlights page 94 of the quarterly SIGR report to THE US CONGRESS in April of 2012…
    __________________________________________________ _____________

    THIS REPORT WAS SENT TO CONGRESS LAST MAY. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.

    We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This report is from page 84 of the massive SIGR report.





    BGG ~
    This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.
    __________________________________________________ ______________

    I pointed out (last night) this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights…

    1) This is information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure – against all advice from Wells Fargo or other such naysayers.

    2) It points out there having been a legitimate “plan” – or time frame in motion…having been projected to be done in 2013. We are obviously in “over time” now.

    3) It gives us an idea as to who is in charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki. Period. When is he likely to push this forward?? Historically – he has been a “weak Dinar” policy advocate. However, rumor from his own inner circle admits he can’t win a third term in office without some currency reform.

    I fully expect him to use every tool in his “wheel house” to win – his recent moves in Anbar and the disputed territories prove as much. Currency reform has to be a “biggie”. Though this WAS their thinking a couple of months ago – there is no promise it is still part of their political calculus. We shall see.

    4) Though no guarantee of the actual future plan they wind up engaging – this report points out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″..

    __________________________________________________ ______________

    AND

    Coins put on the market !!



    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara "The project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find metal coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century

    waradana.com

    And

    CBI is preparing to issue a monetary metal parts

    Metal coins from the category of 25 fils were in circulation until the nineties of the last century

    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara Radio Free Iraq, "said the project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century.

    http://www.iraqhurr.org/content/article/26666313.html

    and

    Another "FLASHBACK"...

    Economists Divided Over Deletion Of Zeros

    By Amina al-Dahabi for Al-Monitor.

    The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided…

    …Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.

    The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country.

    ARTICLE LINK

    Crush Expected When Kuwaiti Banks Reopen Today

    March 24, 1991|From Reuters



    KUWAIT CITY, Kuwait — Thousands of Kuwaitis are expected to jam the country's banks today when they open for the first time since the end of the Iraqi occupation.

    Customers will be allowed to withdraw funds and to swap pre-invasion money for a new currency issued to make more than $1 billion in pre-invasion dinars stolen by the Iraqis worthless.

    "We expect a rush of people," said Issam Asousi, an executive with the Bank of Kuwait. He said it could be a chaotic first week because customers have a lot of questions about their accounts.

    Kuwaiti banks continued operating during the seven-month Iraqi occupation under managers brought in from Iraq, but they have been closed since the U.S.-led alliance ousted the Iraqi army from Kuwait a month ago.

    When the banks reopen today, customers will be able to withdraw up to 4,000 Kuwaiti dinars, equivalent to about $14,000 at pre-invasion exchange rates from their accounts, and to exchange a like amount for foreign currency.

    Balances of customers' accounts will go back to what they were on Aug. 1, a day before the invasion.

    Clients will not be able to exchange Iraqi currency issued during the occupation, when Baghdad pegged the rates of the strong Kuwaiti dinar to the far less valuable Iraqi dinar.

    The new Kuwaiti money will be exchanged for old at a one-to-one rate.

    http://articles.latimes.com/1991-03-..._kuwaiti-banks


    BGG ~ Thanks to wmawhite for some facts on the subject.

    Hi BGG,

    Just thought I would drop you an email. I listened to the call, and was interested in what was said about Kuwait, if I may - I will add my 2 cents worth.

    You were spot on with what you said, I have a close friend who's father made a killing on the KWD. He bought from people who had fled the country and he paid pennies on the dollar (we are in Australia). He took the chance that Iraq would be kicked back out and he was right.

    When the money was reinstated, he exchanged it for AUD at a rate in the mid 3s. The interesting thing about it is, Iraq invaded in November 1990 (I think), they were kicked back out at the end of Feb 1991, the banks reopened with a brand new KWD in late March, that's not a bad time frame to get a currency designed, printed and made ready to use, also the time that the old KWD was valid was initially only for 2 months, then extended to 6, so it was valid until Sept 1991, interesting I think.

    Also the other thing that seems to be a "fact" in Dinar land is Bill Clinton used the Kuwait RV to pay off the debt. However, Clinton was not President in 91, he did not take office until 93, even I know that and I am an Aussie.

    Anyway thanks for the site and enjoy listening to your calls.

    Kind Regards,
    Kevin



  2. #2

    Re: The Dinar Daily, Wednesday February 11, 2015

    Currency Auctions

    Announcement No. (2885)

    The latest daily currency auction was held in the Central Bank of Iraq on the 11-02-2015 results were as follows:

    DETAILS NOTES
    Number of banks 19
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 93,035,000
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 93,035,000
    Total offers for selling (US$) ----
    ​Market Rate 1235
    Last edited by sczin11; 02-11-2015 at 11:45 AM.

  3. #3

    Re: " NATIONAL RECONCILIATION " - Continuous Thread

    ALL POSTS REGARDING THE SUBJECT TITLE ARE WELCOME AND THIS WILL BE A CONTINUING THREAD, BUT ESPECIALLY CONFERENCE CONTENT AND TIMING

    WHAT IS THIS " NATIONAL RECONCILIATION " ?

    'How This Ends':
    Iraq's Uncertain Path toward National Reconciliation
    Michael Eisenstadt and Ahmed Ali
    Also available in العربية
    Policy #1553
    July 17, 2009
    During Iraqi prime minister Nouri al-Maliki's visit to Washington next week, the Obama administration will likely seek to reinvigorate that country's flagging reconciliation process as part of ongoing efforts to establish a stable political order in Iraq. Progress, however, continues to be hindered by ongoing violence, deep-seated suspicions, and partisan politics, raising questions about the ultimate prospects for national reconciliation.

    Reconciliation and Postconflict Stability

    The process by which war-torn societies heal is imperfectly understood. Experience, however, suggests that societies undertaking a formal reconciliation process to consolidate domestic peace agreements have a better chance of avoiding further civil conflict than those that do not.

    Before 2003, U.S. and Iraqi thinking about reconciliation focused largely on the legacy of Saddam Hussein. Today, after six years of insurgency and civil war, reconciliation must also deal with the legacy of violence among ethnosectarian groups, and between former insurgents and the Iraqi government.

    Successful reconciliation efforts, such as those in Argentina, Chile, El Salvador, Honduras, Mozambique, South Africa, and Uruguay, require courageous and visionary leadership, and often involve the following elements:

    Truth telling, which permits victims to share traumas and perpetrators to acknowledge guilt
    Redefining social identities by portraying both victims and perpetrators as fellow citizens
    Partial justice, where victims are compensated and at least some of the perpetrators are punished
    Public events that promote forgiveness and new beginnings
    Most of these aspects, however, are missing from Iraq's flawed reconciliation process, which encompasses a diverse array of activities involving a broad array of actors -- the Iraqi and U.S. governments, nongovernmental and international organizations (NGOs and IOs), and neighboring states. These activities are often based on divergent assumptions about the nature of reconciliation and the means to achieving it.

    U.S. Efforts

    Since 2003, the United States has promoted reconciliation through the following activities:

    Working to incorporate Sunni Arabs into the Iraqi Security Forces (ISF) and the political process
    Making amends for the inadvertent killing of Iraqi civilians by offering apologies and compensation
    Engaging "reconcilable" elements in the Sunni Arab insurgency that are willing to join the political process
    Mending ties between estranged communities (Sunnis and Shiites, Arabs and Kurds) by organizing meetings to address common problems
    Pressing the Iraqi government to legislate the integration of former insurgents and disenfranchised communities into the political process
    Documenting property claims and disputes
    A tendency to view Iraq almost exclusively through an ethnosectarian prism undermined early U.S. reconciliation efforts and unwittingly contributed to the polarization of Iraqi society. Inadequate resourcing, a lack of interagency coordination, and a refusal to talk with insurgents also hindered these efforts.

    The U.S. took a new approach in the runup to and during the 2007 troop surge, when the U.S. military opted to work with former insurgents from various Awakening groups, known as Sons of Iraq (SOI), to fight al-Qaeda in Iraq (AQI). These bottom-up efforts, which focused mainly on reconciliation between U.S. forces and local Iraqi communities and insurgent groups, enjoyed significant success. During the surge, however, broadened efforts to reconcile estranged Iraqi communities, and former insurgents with the Iraqi government, witnessed only mixed success.

    Iraqi Efforts

    Many Iraqis saw the post-Saddam government's early attempts at reconciliation by retribution and compensation as nothing more than victor's justice. Retribution was carried out by de-Baathification and the trial of former regime personalities such as Saddam Hussein and Ali Hassan al-Majid (Chemical Ali). Compensation was achieved through the establishment of government foundations to care for Iraqis who had been maimed, imprisoned, or killed by the previous regime.

    In June 2006, shortly after becoming prime minister, al-Maliki announced a twenty-four-point national reconciliation plan that included provisions for amnesty, conferences, a review of de-Baathification procedures, compensation for victims, punishment for terrorists and war criminals, and the creation of the Supreme Committee for Dialogue and National Reconciliation (SCDNR). Minister of State for National Dialogue Affairs Akram al-Hakim, a close associate of al-Maliki, heads this committee, an organization that attempts to engage Iraqi tribes, civil society organizations, political parties, and religious leaders. Al-Hakim oversees, at least in theory, all governmental entities involved in reconciliation, although quite tellingly, the committee lacks a professional staff and remains unfunded (parliament rescinded $65 million earmarked by the Council of Ministers).

    The Iraqi government's principal operational arm for reconciliation is the Implementation and Follow-Up Committee for National Reconciliation (IFCNR), which was established in June 2007 and is currently headed by Muhammad Salman al-Saadi, another al-Maliki associate. While formally under the purview of SCDNR, it actually reports directly to the prime minister and enjoys a high degree of autonomy. It deals mainly with the vetting of former regime personnel, tribal affairs (including both Awakening and tribal support councils), internally displaced persons, access to basic services (denial of which was used in the past to punish perceived enemies), and job creation issues.

    In September 2007, the Iraqi parliament established the ad hoc National Reconciliation Committee (NRC). The independent Sunni parliamentarian Wathab Shaker heads this committee, and its dozen or so members are drawn from nearly all major parties. The NRC is not, however, a major player. Its primary activities include working for the release of mainly Sunni detainees and serving occasionally as an interlocutor to the Arab League.

    In January 2008, the Iraqi parliament passed the Accountability and Justice Law to supplant the de-Baathification system established in 2003 by the Coalition Provisional Authority. Although some of its provisions are improvements -- less stringent criteria for de-Baathification, more generous pensions for dismissed personnel, forfeiture of restored rights in the event of demonstrated culpability for criminal acts, and an independent appeals mechanism -- others are not, such as exceptions to the new de-Baathification criteria and the wholesale dismissal from government service of former employees of Baath-era security agencies. The commission required to implement the law, moreover, has not yet been established.

    In addition to these top-down governmental efforts, a number of bottom-up initiatives have originated from civil society, in the form of community and tribal gatherings.

    The Iraqi government's reconciliation activities have been hampered by the taint of politicization and the lack of follow-through. A desire for revenge rather than reconciliation was seen as driving early de-Baathification efforts and trials of former regime personalities, further polarizing Iraqi society. Al-Maliki uses IFCNR to extend patronage to his supporters, such as the tribal support councils, and to exert leverage over his former enemies, while members of parliament apparently drove the creation of the NRC to ensure that the government addressed their reconciliation agenda.

    Since al-Maliki outlined his ambitious agenda in 2006, accomplishments have been modest. Although dismissed army officers have been reinstated, personnel from the former regime's security forces have been paid their pensions, and local reconciliation efforts have gone well, problems remain. The Accountability and Justice Law remains largely unimplemented, key proposed amendments to the constitution have not been passed, and it is unclear whether the government will find stable employment for the eighty percent of former SOI militiamen who not being integrated into the ISF.

    Finally, differences between Baghdad and the Kurdistan Regional Government (KRG) have been dealt with primarily by deferring difficult decisions on such key issues as the status of Kirkuk, governance in Ninawa province, oil, peshmerga/ISF relations, and the KRG constitution.

    NGOs, IOs, and Neighbors

    Numerous foreign NGOs have supported the reconciliation process by training conflict resolution facilitators and sponsoring workshops and conferences to promote dialogue among Iraqis, resolve local conflicts, and forge a common future vision for the country.

    The UN Assistance Mission for Iraq (UNAMI) has promoted reconciliation by supporting elections, working to resolve the issue of Kirkuk, and helping draft the International Compact with Iraq. The Arab League sponsored the Conference for National Reconciliation in Cairo in November 2005 and dispatched a permanent mission to Baghdad in April 2006. The League's effectiveness, however, has been limited due to its failure to continuously staff its Baghdad office and tensions between its largely Sunni Arab membership and the largely Shiite Iraqi government. Finally, the government of Jordan has hosted a number of conferences to promote dialogue and reconciliation among Iraqis.

    While it is hard to assess the overall impact of these diverse activities, some NGO-sponsored peace-building efforts have yielded important local benefits.

    Reconciliation Challenges

    A number of factors are likely to complicate efforts to achieve national reconciliation in Iraq:

    Vested interests. Perhaps the biggest challenge is that key political parties have successfully exploited ethnosectarian grievances as a means of mobilizing support. These parties have a vested interest in perpetuating the political status quo and would stand to lose a great deal if a postsectarian style of politics in Iraq were to emerge as a result of a successful reconciliation process.

    Persistent violence. Ongoing violence, although at greatly reduced levels, prevents old wounds from healing, opens new wounds, and creates the potential for renewed civil war. This reality lends immediacy to one of the principal conclusions of a landmark World Bank study on civil conflict: nearly half of all countries emerging from civil war suffer a relapse within five years.

    Elusive consensus. Fundamental disagreements remain among Iraqis on a number of key issues, such as de-Baathification, the oil law, and Kirkuk. The fragmentation of Iraqi politics (more than four hundred parties and entities participated in recent provincial elections) complicates efforts to identify individuals capable of speaking for and negotiating on behalf of broad constituencies.

    Justice denied. Many of those responsible for the worst bloodletting in recent years -- including leaders of antigovernment insurgent groups and government death squads -- are still involved in public life as members of provincial councils, the ISF, or parliament and show no contrition for their actions.

    Demographic complexity. Because various population groups remain intermingled throughout the country despite years of ethnosectarian cleansing, incidents in one place may have broad consequences elsewhere.

    Multilayered conflicts. Iraq's civil war involved conflicts within, as well as between, communities: the "nationalist resistance" vs. AQI, Awakening councils vs. Islamists, Jaish al-Mahdi vs. ISF units aligned with the Islamic Supreme Council of Iraq. For this reason, intra- and intercommunal reconciliation is needed. To date, most reconciliation efforts have focused on the legacy of intercommunal conflicts, though ultimately both legacies need to be addressed.

    Iraqi political culture. While Arab tribal culture and Islam have provided the normative justifications and mechanisms for reconciliation at the local level, the desire for revenge, a zero-sum approach to politics, and religious extremism have hindered reconciliation at the national level.

    Election-year politics. In March 2009, when the government expressed a willingness to reconcile with some Baathists, a number of civil society organizations (all apparently linked to the Islamic Supreme Council of Iraq) were formed to thwart these efforts. It will be difficult for the government to ignore these organizations in the run-up to the January 2010 elections, lest it appear "soft" on Baathism and lose the support of key constituencies.

    External meddling. Syria, the Gulf Arab states, and Iran supported groups such as AQI and Jaish al-Mahdi, contributing greatly to the 2006-2007 Iraqi civil war and ongoing violence. Preventing the arming, training, and funding of such spoilers is key to keeping the peace in Iraq and moving the reconciliation process forward.

    For all these reasons, Iraqis are likely to coexist uneasily for the foreseeable future. National reconciliation, if it occurs at all, could take years.

    Next Steps

    Preventing major renewed outbreaks of violence is an essential condition for successful reconciliation in Iraq. Accordingly, the main U.S. priorities in the next two years should be to press the Iraqi government to find stable employment -- even if "make work" -- for former SOI personnel and army officers who participated in the insurgency, and to prevent clashes between the ISF and KRG forces in contested areas.

    This will require the United States, first, to expend significant political capital to convince the Iraqi government to take steps it finds extremely distasteful and, second, to continue to discourage the KRG from undertaking actions that could be perceived as provocative by other Iraqis. By the same token, the United States will have to tolerate al-Maliki's efforts to reconcile with members of Shiite cleric Muqtada al-Sadr's movement, including "special group" militants who have American blood on their hands.

    Furthermore, the United States and the international community should seek to advance the reconciliation process by:

    Working to enhance the capacity and professionalism of SCDNR and the Ministry of Justice, which plays a key role with regard to a number of potentially sensitive transitional justice issues
    Making foreign aid, investment, and debt forgiveness contingent on the Iraqi government's progress toward reconciliation, and by supporting, financially and materially, those organizations and entities, both Iraqi and foreign, actively working toward this goal
    Encouraging postsectarian politics in Iraq by funding NGOs that assist in the development of issue-based parties; urging the passage of a law that would require parties to declare sources of financing and proscribe funding from foreign sources (thereby reducing opportunities for foreign meddling in Iraqi politics); and pushing for the adoption of an open-list, multiple-district system for the January 2010 national elections, which is more likely to produce cross-sectarian political coalitions
    Fostering the creation of professional, nonsectarian civil service and security forces by offering merit-based training, education, and scholarships in the United States and elsewhere. Military assistance should be made contingent on continued progress toward creating an apolitical, professional, and reasonably representative officer corps
    Tapping into the widespread yearning for change in Iraq by issuing statements to the Iraqi and Arab media supportive of issue-based politics and free and fair elections. This will limit al-Maliki's ability to indulge his sectarian instincts and avoid meaningful reconciliation.
    Finally, the international community should encourage the establishment of an independent, nonpartisan Iraqi organization, whose board of governors is confirmed by parliament, to coordinate and prioritize nongovernmental reconciliation activities and to serve as a counterbalance to IFCNR and SCDNR. UNAMI, if properly resourced, might assist with this effort. Such an entity would help NGOs and local and provincial governments facilitate bottom-up reconciliation.

    Iraq is unlikely to resolve the many issues on its reconciliation agenda in the near -- or even distant -- future. Nonetheless, an energized reconciliation process that facilitates incremental progress on key issues, bolsters the security gains of the past two years, and helps tamp down ongoing violence is vital to the interests of both the United States and Iraq.

    The authors would like to acknowledge the work of William J. Long and Peter Brecke, authors of War and Reconciliation: Reason and Emotion in Conflict Resolution. A list of additional published sources used in this paper is available upon request.

    Michael Eisenstadt is a senior fellow and director of The Washington Institute's Military and Security Studies Program. Ahmed Ali is a research associate at the Institute, focusing on Iraq and Iran.

    http://www.washingtoninstitute.org/p...reconciliation


    AND

    National Reconciliation in Iraq

    Reality & Horizon

    http://www.socialwatch.org/sites/def...ation_Iraq.pdf


    THE CURRENT ADMINISTRATION

    Iraqi president announces steps towards national reconciliation
    Massoum says will press ahead with efforts to heal Iraq's sectarian rifts after meeting with UN envoy
    Fuad Masoum, the new president of Iraq and a veteran Kurdish politician, speaks during a press conference in Baghdad on July 24, 2014. (AFP PHOTO / ALI AL-SAADI)
    Fuad Masoum, the new president of Iraq and a veteran Kurdish politician, speaks during a press conference in Baghdad on July 24, 2014. (AFP PHOTO / ALI AL-SAADI)

    Baghdad, Asharq Al-Awsat—Iraqi President Fuad Massoum reaffirmed his intention to push forward a process of national political reconciliation on Tuesday, following a meeting with the UN Special Envoy to Iraq Nikolay Mladenov.
    “[The Iraqi government] is seeking to take decisive and resolute steps and reconsider some resolutions and laws in order to achieve national reconciliation and bring security and welfare,” a statement quoted Massoum as saying during a meeting with Mladenov.

    “National reconciliation is a social need; therefore, it cannot be achieved via meetings, conferences and pretense only. Rather, it requires strong will and actual participation from everyone, particularly since Iraq now is in need of reconciliation and solidarity more than ever,” the statement continued.

    Since the downfall of the former dictator Saddam Hussein following the US-led invasion of Iraq in 2003, Iraq has been increasingly beset by bloody sectarian violence and conflict at all levels, the most recent example of which has been the rise of the Sunni extremist organization the Islamic State of Iraq and Syria (ISIS).

    In particular, Iraq’s Sunnis, politically predominant in the pre-2003 era, have become increasingly disillusioned and disaffected by the rise of Shi’ite parties to power in Iraq, something experts say has contributed to the success of ISIS and groups like it.

    The US has called on the government of Shi’ite prime minister Haider Al-Abdadi to begin a reconciliation process with Iraqi Sunni leaders, and has warned that it will be necessary to integrate Sunni tribal militias into the security forces in order to defeat ISIS, something the previous government led by Nuri Al-Maliki was deeply reluctant to do.

    Massoum has tasked his Vice-President Iyad Allawi with following up on the issue of national reconciliation. The Shi’ite politician has held a series of meetings with exiled politicians and tribal leaders in Jordan, UAE and Qatar in a bid to involve them in the national reconciliation project.

    During his meeting with the UN special envoy, Massoum reiterated that “extensive national reconciliation is the only way to get rid of difficulties and help maintain security and social peace.”

    The United Nations would support Iraq in all fields and help it overcome its problems, Mladenov pledged.

    The Iraqi president told a group of reporters in November that he would “adopt an extensive national reconciliation project early next year.”

    “President Massoum possesses an integrated program and a clear vision regarding national reconciliation and once he is done with consultations and meetings, practical steps will begin,” a spokesman for the Iraqi presidency, Khalid Shawani, told Asharq Al-Awsat.

    According to Shawani, Massoum’s national reconciliation project will focus on two tracks: a political track, involving consultations with members of all of Iraq’s sects and ethnicities, and a legislative track, involving the review of existing legislation with an eye to fostering a greater degree of political and social reconciliation.

    The project will address several critical issues, such as the sectarian basis of Iraq’s political system (which unofficially reserves the presidency for a Kurd, the premiership for a Shi’ite, and the speaker of parliament’s chair for a Sunni), the issue of former Ba’athists and military personnel who fought against US forces, and individuals harmed by Saddam Hussein’s regime, Allawi previously said in a statement.

    While these issues have been raised before, some political leaders said that a push to tackle Iraq’s sectarian crisis had been given added urgency by the rise of ISIS and the threat of the country’s disintegration along ethnic and sectarian lines.

    Speaking exclusively to Asharq Al-Awsat, Iraqi Communist Party politburo member Raed Fahmy said unlike the past, the present political conditions in Iraq encourage national reconciliation efforts.

    “National reconciliation this time seems to be more of a reality than just mere words,” he said.

    http://www.aawsat.net/2014/12/article55339569


    AND

    Iraqi president announces steps towards national reconciliation

    Baghdad: Iraqi President Fuad Masum reaffirmed his intention to push forward a process of national political reconciliation on Tuesday, following a meeting with the UN Special Envoy to Iraq Nikolay Mladenov. “[The Iraqi government] is seeking to take decisive and resolute steps and reconsider some resolutions and laws in order to achieve national reconciliation and bring security and welfare,” a statement quoted Masum as saying during a meeting with Mladenov. “National reconciliation is a social need; therefore, it cannot be achieved via meetings, conferences and pretense only.

    Rather, it requires strong will and actual participation from everyone, particularly since Iraq now is in need of reconciliation and solidarity more than ever,” the statement continued. “President Masum possesses an integrated program and a clear vision regarding national reconciliation and once he is done with consultations and meetings, practical steps will begin,” a spokesman for the Iraqi presidency, Khalid Shawani, told Asharq Al-Awsat. According to Shawani, Masum’s national reconciliation project will focus on two tracks: a political track, involving consultations with members of all of Iraq’s sects and ethnicities, and a legislative track, involving the review of existing legislation with an eye to fostering a greater degree of political and social reconciliation...aawsat.net

    http://ekurd.net/mismas/articles/mis...dlocal1824.htm

    National: Allawi officially received the national reconciliation file and begin great strides

    Twilight News / National coalition led by said Vice President Iyad Allawi, on Wednesday, the latter formally recognizes the national reconciliation file in the country, adding that Allawi will begin the implementation of its internal and external levels. The spokeswoman said the coalition victory Allawi’s “Twilight News”, “The meeting, which brought together the three presidencies this week (the presidency of the republic, ministers, MPs) during which delivery Iyad Allawi formally national reconciliation file.” Allawi said that “Iyad Allawi will invest its relationship with the Arab and regional in terms of implementation of the national reconciliation project to stop the ranks with Iraq in its war against al Daash,” pointing out that “Allawi also will begin activating the internal file over the meetings and conferences with state institutions and tribal chain.” Tensm and Iyad Allawi, his vice-president of the Iraqi Republic, after nearly eight years of practice for the role of the opposition political Former Iraqi Prime Minister Nuri al-Maliki, who currently serves as the Vice President of the Republic as well. shafaaq.com Related Posts Abadi Davos: Iraq develop its economy despite the challenges (Jan 23, 2015) Adel Abdul-Mahdi: Iraq will be a rising economic power (Jan 23, 2015) Abadi looking with the founder of the Economic Forum ways (Jan 23, 2015) Abadi: We lost 40% of our economy for the drop in oil (Jan 23, 2015) Allawi opposed the secession of the Kurdistan region at the moment (Jan 23, 2015) Tags: al-Maliki Allawi Daash Iraq reconcilation file war

    http://iraqdinar.us

    RECENT NEWS

    Jubouri, Allawi discuss national reconciliation file

    [Baghdad-where]

    Search House Speaker Salim al-Jubouri, in his private office on Monday, with Vice President Iyad Allawi and his accompanying delegation developments in the political process.

    A statement by the Office of the al-Jubouri, the agency received all of Iraq [where] a copy of which the two sides discussed "in particular national reconciliation undertaken by the Vice President of the Republic in the light of dialogue and reconciliation initiative launched by President al-Jubouri, a recent file".

    The statement added, "It was also agreed to work on the coordination of future attitudes and unify the visions on the important files that would reflect positively on the overall situation in Iraq."

    The head of the House of Representatives Saleem al-Jubouri, revealed earlier, all preparations are underway to hold a conference sponsored by the state of the dialogue with the opposition and includes measures of accountability and justice law [de-Baathification previously.

    As confirmed yesterday that "dialogue and national reconciliation of the basic issues that the House of Representatives Saouliha interest in it and we are among the fans on opening the prospect of sustained dialogue between is a participant in the government and the House of Representatives, as well as the opposition and certainly the next few days will lead to the results are clear and information" .anthy

    http://translate.googleusercontent.c...jPDD2BI4OowAKQ

    Hakim calls upon the United Nations to adopt the next conference of harmony and reconciliation in Iraq
    (COURTESY OF DEBBIE / IQD TEAM)

    BAGHDAD / .. head of the Islamic Supreme Council Ammar al-Hakim, the Sabbath, the United Nations called on to put points on the letters regarding the problems and obstacles to national reconciliation and harmony in the next conference .

    Hakim said, during a meeting with the Special Representative of the Secretary-General of the United Nations Nikolay Mladenov, according to a statement his office "Eye Iraq News" received a copy of it, that "the United Nations should adopt the next Conference of harmony and reconciliation,which is sponsored by the UN agency in the next month and diagnose problems and obstacles plan and program in order to achieve success and move it forward . "

    Hakim praised the UN efforts in Agaúh displaced, stressing the need for more efforts because of bad humanitarian situation of the displaced from their areas due to military operations .

    For his part, Mladenov "The United Nations is in the process of establishing a special fund for the reconstruction of areas liberated from the grip of Daash in Iraq," noting that the United Nations is seeking to alleviate the suffering of displaced families and reduce the humanitarian burden them .

    He said during a press conference held after the Hakim meeting, he discussed with him the subject of harmony, to be held under UN auspices in the next month, and the London Conference of the Coalition and the progress of the Iraqi forces and the level of international assistance to Iraq government program and legislation related to it .

    In another context, Hakim said, "What happened in France suffered from a French magazine to attack a terrorist crime is the subject of condemnation and stand deduced them, and do not accept that the Muslims in the world are exposed to collective punishment and to offend their beliefs . "

    The United Nations has called for intensified efforts for the release of the Bahraini opposition Ali Salman, describing it as "believers in democracy, and that his continued detention and trial would cause sectarian strife, indispensable in the region as well as the deepening divide between the Islamic doctrines"

    http://aynaliraqnews.com/index.php?aa=news&id22=30001

    SCZIN11- JANUARY 25, 2015

    Mladenov up to Karbala to attend meetings on dialogue and reconciliation in Iraq

    Special Representative of the Secretary-General of the United Nations in Iraq, Nikolai Miladinov, arrived Sunday morning, the city of Karbala.

    Mladenov and visit Karbala to attend the round table meetings on the national dialogue and reconciliation in Iraq.
    And participate in this conference Karbala governor Akil Turaihi and President of the Council Nassif rhetorical political and human rights figures from the provinces of Najaf and Babil.

    And place these days between the political parties dialogues about the initiative put forward by House Speaker Salim al-Jubouri for dialogue with the opposition parties to include destinations outside Iraq.

    The al-Jubouri, had revealed earlier, all preparations are underway to hold a conference sponsored by the state of the dialogue with the opposition and includes measures of accountability and justice law [de-Baathification previously.
    As al-Jubouri said in 11 of this month that "dialogue and national reconciliation of the basic issues that the House of Representatives Saouliha interest in it and we are among the fans on opening the prospect of sustained dialogue between is a participant in the government and the House of Representatives, as well as the opposition and certainly the next few days will lead to the results to be clear and information. "

    For his part, President of the Republic Fuad Masum, revealed last Thursday on "The preparation of the expanded national reconciliation conference will take months," pointing out that "everyone will be invited to the conference, including members of armed factions that have not stained their hands with the blood of Iraqis."

    He said that "with the cancellation of the law of accountability, justice and the assignment of its files to the courts because they are transitional rule in the Constitution, and the time came to revise this law," pointing out that "the presence of proposals to cancel the Justice and Accountability Act, and legislation prohibition of belonging to the Baath party law," adding that he "can not keep all I belong to the former Baath Party, "because they would be half of the Iraqi people." End quote

    http://translate.googleusercontent.c...4pOnjqQd0Ddw-wMladenov: call for reconciliation in Iraq is very encouraging and will enhance the government's efforts to reform

    Special Representative of the Secretary-General of the United Nations in Iraq, Nikolay Mladenov described the call for reconciliation in Iraq as "very encouraging and it will strengthen the government's efforts at reform."
    According to a statement of the mission internationalism [UNAMI] received by all of Iraq [where] a copy of Mladenov "presided over today in the city of Karbala first forum of a series of forums Roundtable held with civil society and the public and tribal leaders, clerics and scholars from the provinces of Karbala, Najaf and Babil about social cohesion between the Iraqi social and political actors, which was held in Baghdad on 26 and November 27, 2014 ".

    The statement quoted Mladenov said that "collective call by the participants to promote peaceful coexistence and national dialogue and reconciliation is very encouraging," adding that "this support will strengthen the government's efforts to revitalize its program of reform and reconciliation."
    He said the UN envoy "It is encouraging to see the clergy and dignitaries of the community to communicate with their communities for the purpose of setting issues that affect the reconciliation efforts and strengthen comprehensive dialogue in Iraq among the priorities," noting that "should these messages continue to spread in order to devote the principles of inclusiveness, trust and compatibility between the components of Iraq." .

    Participants at the meeting stressed the importance of strengthening the social and religious cohesion as well as healing the divisions within Iraqi society.

    He is scheduled to hold a second forum in the province of Basra in the first week of February next.anthy

    http://translate.googleusercontent.c...vb9pP4PzTvhXaA
    ONE MIGHT ARGUE THAT THE Justice and Accountability Act IS A LAW THAT NEEDS TO BE REVISED BEFORE THERE CAN / SHOULD BE A CONFERENCE - CHATTELS

    Ordeal: the government is determined to amend the Justice and Accountability Act

    MP for the Iraqi National Alliance honest ordeal, said the political blocs agreed within the paper political agreement to amend the law of accountability and justice in a fair, pointing out that the government is determined to amend the law. He said the ordeal told all of Iraq [where], "The Justice and Accountability Act needs to be amended," he said, adding that he "must be invoked to eliminate any crime if there was Msthompsk must prove that there is no selective." He added that "most of those affected were not their crimes against the Iraqi people," noting that "the prime minister Haider al-Abadi is determined to end this matter." He said the ordeal that "modifying the law of accountability and neutrophil came within the paper political agreement between the political blocs, that modifies the fair, but until now have not been discussed either in the Cabinet or Parliament, or between the blocks."The Legal Committee of the National Alliance would deal with this law, and we will soon be upon the law on freedom of expression."

    He was President, Fuad Masum said last Wednesday, during a meeting with a delegation from the Committee on Justice and Accountability in the House of Representatives on the need to review some of the accountability and justice, and the differences in views concerning the efforts to settle outstanding issues laws. The General Secretariat of the Council of Ministers, was announced earlier this month, for completion of the law and accountability.

    http://tinyurl.com/lxppvxw

    Sheikh Hamoudi invite the President of the National Reconciliation Commission to make the unity of Iraq and the target of their work



    {Baghdad: Euphrates News} called a member of the Presidency of the Council of Representatives, Sheikh Hamoudi to activate the national reconciliation project, support and exert more efforts for each work is in the unity of Iraq.

    A statement by the office of Sheikh Hamoudi agency {Euphrates News} received a copy of it today that "This came during a meeting in his office the President of the National Reconciliation Commission in the Council of Ministers Jawad Abdul-Zahra al-Husseini, where the latter presented a review of the work of the committee and submitted during the past period."
    He urged Sheikh Hamoudi according to the statement Chairman of the Committee to continue efforts at national reconciliation project and make the unity of Iraq the target of their work.
    The statement added that "the Chairman of the Committee requested the involvement of the committee in the discussions that will take place regarding the accountability and justice law to provide the House with information and details of the fact that within the jurisdiction of their work," .anthy





    Iaram Sheikh discuss with the US ambassador national reconciliation project






    [Baghdad-Line]
    Search Deputy Speaker Iaram Sheikh Mohammed on Monday with the US ambassador to Iraq, [Stewart Jones] latest developments in Iraq and the region.
    According to a statement to the House of Representatives received by all of Iraq [where] a copy of the "Sheikh Mohammed received the US ambassador in his office in Baghdad and discussed with him the latest developments on the Iraqi arena and security developments and the ongoing war with al Daash terrorist, and what are the events in the region, and the importance of success national reconciliation project to ensure the participation of all Iraqi factions in the political process. "
    He Iaram Sheikh Mohammed, the US ambassador to the need to expedite the implementation of a close political agreement and abide by the terms, adding that the House of Representatives is determined to pass the state budget for the year 2015 as soon as possible and the importance of reducing costs and finding other sources of funding other than oil, and find quick solutions to end the austerity in the country ".
    For his part, Stuart Jones, according to the statement expressed his happiness for this meeting, stressing the continuation of bilateral relations between Baghdad and Washington, and US support for the Iraqi government and the Kurdistan region and the importance of adhering to the agreement concluded between the province and the center ".anthy


    http://translate.googleusercontent.c...31Ma6K9cwIeW8g




    Iraq is looking forward to the role of the United Nations for the success of reconciliation



    Twilight News President Fuad Masum / said Monday that Iraq is looking forward to the role of the United Nations for the success of the national reconciliation in the country.
    The infallible speaks during a meeting with a representative of the Secretary-General of the United Nations in Iraq, Nikolai Miladinov, who confirmed that the United Nations in connection with the proposal to hold an international conference to demonstrate the importance of national reconciliation in Iraq.
    According to a statement to the Office of the infallible Word for "Twilight News", the two sides discussed the role of the UN to help Iraq, particularly in light of the current conditions and the presence of large numbers of displaced people and displaced.
    The two sides also discussed the need for Iraq to support and advice of the United Nations for the success of the national reconciliation project.
    Masum said that "Iraq is looking forward to the role of the International Mission for the success of this important national project," and expressed his appreciation for "the role of the mission in this regard."
    The President of the Republic on the need for "reconciliation is accomplished on the basis of objective and fruitful."
    For his part, Miladinov explained that "the aim of the visit was to exchange views on the draft national reconciliation and practical ways to make it a success," stressing "the importance of the president's role in the collection of the row and the convergence of views to strengthen national unity," according to the statement.
    Miladinov and pointed out that "the United Nations in connection with the proposal to hold an international conference to demonstrate the importance of national reconciliation for all spectra of the Iraqi people."
    The new "United Nations stuck in their relentless pursuit to provide all forms of assistance in order to consolidate national reconciliation and unity, as well as to alleviate the suffering of displaced persons and displaced persons in all areas."
    Through Miladinov delighted "to start a new phase of relations between the federal government and the Kurdistan Regional Government and the design of the two parties in order to install understanding the judge to end the outstanding problems."
    Iraq seeks to make reconciliation between its components and overcome deep differences prevailed over the past years and contributed to the worsening security tensions and political differences.

    http://translate.googleusercontent.c...CiHWh914-wecLA


    Abadi Jubouri Najafi seeking reconciliation project and implementation constraints paper political agreement




    Tuesday, 27 January 2 / January 2015 12:52

    [Baghdad-where]
    Search Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri and Vice President Osama Najafi in a joint meeting of the national reconciliation project and implementation constraints paper political agreement which formalized the government.
    A statement by the Office of Jubouri released today by the Agency has received all of Iraq [where] a copy of the Abadi Jubouri Najafi "met yesterday in the House Speaker's office in the presence of ministerial and parliamentary bloc of the Alliance of Iraqi forces."
    Jubouri said according to the statement that "some blocks feel that many of the items contained in the document the political agreement have not been implemented, which will affect the political positions of those blocks."
    He added that "Iraq today is in the process of approving the budget and at the same time moving towards national reconciliation project which is necessitated by the Prime Minister to attend to discuss, among other problematic issues and to stand in front of the reasons for the delay and the delay in those items and ways to overcome the obstacles."
    As the President of the House of Representatives that "the meeting touched on the problem of displaced persons and the need to find a real and clear solutions which amounts to the displaced clearly allocated in the budget, in addition to discuss the security situation thoroughly and, in particular, the negative effects of the military operations that affect innocent people, whether to demolish houses or burned." it's over

    http://translate.googleusercontent.c..._Xsu6gfRbYMRyg



    THE MOST RECENT THREE ARTICLES HEREIN ABOVE SUGGEST THAT THE CONTENT OF THE NATIONAL CONFERENCE AND / OR OBSTACLES TO CONVENING MAY BE, 1) THE " UNFULLFILLED " POLITICAL AGREEMENT BETWEEN THE POLITICAL BLOCS TO FORM THE CURRENT ADMINISTRATION / GOVERNMENT, 2) THE BUDGET GENERALLY / MONIES TO ADDRESS THE INTERNALLY DISPLACED PERSONS, 3) SECURITY AND THE CONSEQUENCE OF MILITARY OPERATIONS TO RESTORE IT, 3) THE AGREEMENT(S) BETWEEN BAGHDAD AND eRBIL. - CHATTELS

    Jumaili legislation calls for the laws regarding national reconciliation

    Wednesday, December 28 2 / January 2015 08:40

    [Baghdad-where]
    Called on the Speaker of the House adviser for national reconciliation and unity Jumaili, a set of laws legislation on national reconciliation, prove its good intentions of government agencies that have adopted the reconciliation initiative.
    She Jumaili in a statement received by all of Iraq [where], a copy of it today, "There are a lot of initiatives launched by international bodies and UN local and the other about national reconciliation, and today have the initiative of UN-sponsored initiative other government-sponsored three presidencies, in order to put roadmap for national reconciliation. "
    "We do not need today to conferences or initiatives regarding reconciliation, but we need to prove its good intentions of government agencies that have adopted the national reconciliation initiative, through legislation, a set of laws to ensure that the civil rights of the citizens of innocent and defenseless in the conflict areas and the preservation of the lives and property of the people through These laws or decisions. "
    Jumaili confirmed the need to "investigate and document the political agreement and the approval of a general amnesty and the achievement of the national balance and help the displaced and the enactment of the National Guard law provisions."
    The prime minister Haider al-Abadi, and House Speaker Salim al-Jubouri, and Vice President Osama Najafi, discussed on Tuesday, in a joint meeting of the national reconciliation project and implementation constraints paper political agreement which formalized the government.
    A statement by the Office of the al-Jubouri, received [where], a copy of "al-Jubouri said that, Iraq today is in the process of approving the budget goes on at the same time toward the national reconciliation project, which necessitated by the Prime Minister to attend to discuss inter and problematic issues to stand in front of the reasons for the delay and the delay in Those items and ways to overcome obstacles ".anthy

    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3465513&usg=ALkJrhiA8ySOpD0slY76PbXysM31IkjQVQ

    National Reconciliation Must Take Into Account The Interests of All Iraqi Parties

    28/01/2015 8:34

    BAGHDAD / NINA / The head of the Islamic Supreme Council of Iraq, Ammar al-Hakim said "national reconciliation must take into account the interests of all components of the Iraqi parties and assured their fears.

    A statement of the Islamic Supreme Council quoted Hakim as saying during a meeting with the delegation of the international Finnish Organization CMI of management crisis and conflict headed by former Ambassador of the European Union in Iraq (Elka Antero) that "reconciliation must deal with social and other problems and develop appropriate solutions for the post-Daash."

    For their part, members of the international delegation appreciated proposals and ideas of al-Hakim on national reconciliation in Iraq, stressing the keenness of the organization to put the potentials and expertise to resolve conflicts and promote reconciliation in Iraq, ".

    http://ninanews.com/Website/News_Det...qzaw%253d%253d


    NOTE :

    " differences between the blocs on the budget, a claim the National Alliance to reduce the number of grades to PDF crowd in the liberated areas and refused to force the Union that the insistence of the federal government to be exported each product oil through the Sumo and the objection of the Kurdistan region it with the claim of the National Alliance allocated 25 billion dinars as expenditure for the Presidency Republic in the national reconciliation file ".

    http://translate.googleusercontent.c...IHy-tPoZV8AnTA


    Araji calls for research into the causes of the failure of the previous reconciliation conferences and make 2015 a year

    21 Show January 29, 2015 16:56


    (Independent) ... called on Deputy Prime Minister Bahaa al-Araji to make the current 2015 year for "genuine national reconciliation," while urging the research into the causes of the failure of previous conferences.
    They said in a statement received by the (independent) on Thursday, "We hear the recent initiatives of the conferences of national reconciliation, if we were looking for genuine national reconciliation, we have to look two important issues," noting that "the first issue include the reasons for previous conferences that deal with national reconciliation failure ".
    Araji added that "The second issue is that the reconciliation of the base to start the top of the pyramid and not vice versa," calling that "everyone is the slogan for 2015 in genuine national reconciliation."
    The representative of the Secretary-General of the United Nations in Iraq, Nikolai Miladinov announced in January 26, 2015 that the United Nations in connection with the proposal to hold an international conference to demonstrate the importance of national reconciliation for all spectra of the Iraqi people.
    Seeking politicians, and activists and specialists Iraqis to activate the launch of a new initiative for national reconciliation between the political parties participating in the government and opponents of the political parties and armed groups, and to identify clear and practical steps to the trends of reconciliation in the light of the challenges faced by Iraq after the emergence of risk Daash.
    Participants stressed in a panel discussion in Souhail Cultural Council was held in Baghdad on Thursday evening with the participation of Finnish organization to manage global crises on the importance of standardizing the Iraqi ranks and embark Platform real action on the ground and the drafting of a new draft laws to promote national reconciliation.
    Confirmed Ambassador Safia al-Suhail, the head of Europe Department at the Iraqi Foreign Ministry and sponsor Cultural Council, during the meeting on the need for something like a brainstorming for all in order to determine the next phase mechanisms to get to the real project of reconciliation and overcome all differences of the past because of the presence of what is the most dangerous of them, a threat terrorist Daash long tyranny all Iraqi factions.
    For his part, Ilkka Ositalu, Executive Director of the Organization of Finnish crisis management said, and previously headed the United Nations Mission for Iraq from 2006 to 2009 in the meeting: we seek to communicate with the formal and informal institutions in Iraq in order to develop a formula for cooperation in future programs to achieve reconciliation, also seek to Ajarat Iraqi women in decision-making and political decision-making in support of the reconciliation project operations.
    He added: There is an effective and a great program for the activation of national reconciliation, and perhaps new and more importantly, where is the risk Daash so we send out our work in accordance with the three frameworks is to support dialogue and diagnose those responsible and activated, and the second is to train persons involved in dialogue on ways of effective and positive dialogue, and the third is to diagnose problems and then conflict resolution and prevention.
    Mohammed Salman, the Iraqi prime minister's advisor for national reconciliation, he explained in his speech that the three presidencies in Iraq on the verge of completion of the initiative will mature soon be launched at a conference attended by political figures, including figures from the armed opposition and political opponents, and can be described as one of the finest initiatives so far, and if It was agreed to its principles will form a committee representing everyone to take decisions and put them into effect.
    In turn, MP Hisham Suhail, chairman of the reconciliation committee in the Iraqi parliament, that the earth today are available for reconciliation more than ever because of threats (terrorist Daash) (...) as if everyone agreed on the gravity of Iraq and the world.
    The cult, Presidential Advisor for Security Affairs, believes that national reconciliation constitute the mainstay in the construction of the new political system, because the transition from authoritarian to democratic system requires national unity.
    He continued: first our principle of national reconciliation is to reduce the front affected by the previous regime, provided non-infringement of the rights of those affected by the system, pointing out that there is a difference between opposition to the political process and unrecognized, and we now have the perspective of moderate toward opponents.
    She stressed d. Unit Jumaili, Advisor to the President for National Reconciliation, during her speech at the meeting on the importance of real political will for reconciliation, as well as the presence of people and projects to implement laws to begin with.
    MP Hamid al-Mutlaq said: Today we need the concept of the true values ​​of citizenship, and amending laws have already begun, but that does not respect the human right to life, including the Justice and Accountability secret informant laws and Article 4 terrorism, which offended many people due to poor application.
    He concluded the meeting by Dr. Amer Al-Fayad, Dean of the Faculty of Political Science at the University of Baghdad, saying that reconciliation is a political process par excellence, and not otherwise, and it must create accessories, such as the law of parties, which prohibits affiliated militias underneath and ensure fair elections to choose their leaders, as well as that be funded known to all. (end)

    http://translate.googleusercontent.c...ZuDGtyopMQ-95A



    Doubts about the announcement by the Government not to engage Abadi wanted to spend the National Reconciliation Conference








    29-01-2015 05:33 PM

    The Iraqi government announced a national reconciliation conference in Baghdad, said a spokesman for the prime minister's media office tributary Jabouri Thursday that Prime Minister Haider al-Abadi drew attention to the need for good preparations for the conference, stressing that the conference would not include wanted to eliminate.
    But observers Iraqis questioned the validity of the declaration of al-Abadi's office not to engage the politicians wanted to spend in this conference, and said that all indications are that the conference will be held to hold behind-the-scenes political deals for whitening judicial pages to some wanted to eliminate before allowing them to participate in the current government.
    Jabouri said in a press statement that 'continuous work in order to prepare for a conference in national reconciliation sponsored and organized the prime minister in Baghdad', noting that 'the United Nations play a supportive role. "
    He stressed that Jabouri 'conference would not include those who are wanted to eliminate', adding that 'This file is the prerogative of the judiciary and not approach Abadi interference in the work of other authorities'.
    For his part, predicted a political observer in comments to the Agency 'news' that the contract Abadi political deals wanted to engage the Iraqi judiciary in the upcoming conference.
    The observer, who declined to be named, that the Abadi seeks to hold this conference to get concessions from some Sunni political leaders to engage the guys they wanted to spend in the current government, and warned observer Sunni politicians from making concessions to their publics interest which were elected by and wait for them political achievements Account and social and economic.
    It is said that news reports had indicated that the 'head of the Supreme Judicial Council, Medhat al-Mahmoud, received a notice to end the cases brought against some politicians to whitewash judicial pages in preparation for re-politically output' as described by the reports.

    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3470539&usg=ALkJrhhKJFmaR62gBI4TW3ZgibL4ALSfLw

    and

    President stresses necessity of implementing National Reconciliation project

    Saturday, 31 January 2015 11:55

    Baghdad (AIN) –The President, Fuad Masoum, stressing the necessity of implanting the National Reconciliation project in Iraq to consolidate the unity among the Iraqis.

    http://www.alliraqnews.com/en/index....-project-.html

    and

    Iraq's president and Hakim stresses the need to expedite the enactment of the budget in 2015

    01/12/2015

    The statement added that "the two sides stressed the importance of efforts for the success needed to achieve national reconciliation, which will contribute to the eradication of terrorism and ward off the threat from Iraq and its people the steps."

    https://translate.google.com/transla...25B3&edit-text

    AND

    Chairman of the House of Representatives calls for the Council of Ministers to speed up the approval of the General Amnesty Law


    The head of the House of Representatives, Dr. Salim al-Jubouri, on Saturday, the Council of Ministers to speed up passage of the amnesty law and send it to the council for discussion and voting on it has to be one of the foundations of reconciliation project which seeks him everyone.

    READ MORE @ http://tinyurl.com/lfocd6r

    and

    Finance Committee: one paragraph may hinder the approval of the budget in 2015

    BAGHDAD - Iraq Press - February 3: A member of the parliamentary finance committee, Majida al-Tamimi, "The year's budget law in 2015, sent yesterday, to the presidency in order to ratify it," afterthought said, "but we expect it to hinder the Commission and the Presidency paragraph on national reconciliation allocations, amounting to 25 billion dinars, it is possible that it is being adjusted. "

    She Tamimi, said that "there are questions that to whom will return the money, and will it be to the presidency in general or to the President directly, or to one of his deputies?" Indicating that "the presidency is demanding that the allocations However, President of the Republic, one of you will allocated to one of his deputies because he does not yet specified deputy responsible for national reconciliation, and here lies the problem will be discussed upon and could be adjusted after the agreed upon prior to the completion of the ratification period. "

    And wondered, "How there be reconciliation. Everyone is participating in the government? Everyone have a sovereign positions, is to be reconciliation travel and hospitality? ".

    http://translate.googleusercontent.c...QEWYTp2bBExqlA

    COMMENT : IS ANYONE ELSE SURPRISED / STUNNED BY THE FOREGOING ? - chattels

    and

    Jumaili calls to postpone holding National Reconciliation Conference if opposes political deal document

    Wednesday, 04 February 2015 12:21

    Baghdad (AIN) –The Advisor of the Parliament Speaker for the National Reconciliation project, Wihda al-Jumaili, called not to hold the conference for the National Reconciliation in Baghdad if it opposes the political deal document.

    She stated in a press statement received by AIN "The political sides implemented many articles of the political deal document starting from voting on the National Guards law and the Justice and Accountability law."

    "If the National Reconciliation conference does not help in implementing the political deals articles, it will not benefit the political process in Iraq and therefore; should ( NOT ? ) be held," she concluded.

    http://www.alliraqnews.com/en/index....-document.html








    THREAD CONTINUES

  4. #4

    Re: " NATIONAL RECONCILIATION " - Continuous Thread

    Reconciliation file




    February 10, 2015 12:20


    Sam Naaman
    Hrakat reform, dialogue and reconciliation became the de necessarily known for frequent parroted through the media, and the many speeches that Itana by those, not to mention the allocation of one of the Vice President for national reconciliation, a d. Iyad Allawi.
    The most important event is the statement of the Prime Minister putting the finishing touches to the National Reconciliation Conference will be held in Baghdad in February, current, called his opponents at home and abroad, except Who is required to spend in general or criminal cases.
    National reconciliation day become a very urgent need to re social cohesion and the elimination of dissonant voices that now dominates positions.
    Talk about national reconciliation and mobility between the parties different enjoined the challenge faced by our country and in particular of the organization Daash terrorist, and can not be ignored that the issue of reconciliation was one of the priorities of the vertebrae and the political reform document or paper rights demanded by the Iraqi forces union and ensure the formation of a government Abadi program.
    Here is a question that how can activate reconciliation seriously, what are the mechanisms, and how they can overcome the rhetoric to action to achieve the desired effect?
    This time it is a different issue at the helm of reconciliation was one of the opponents of the previous government, and who is at the helm now can communicate with him, unlike his predecessor, al-Maliki, and there is a real political will for reconciliation through a series of attempts on the ground that the citizen can feel it.
    The next phase of the requirements of the need to open up to all the components and the various sects and creeds in order to get out of the bottleneck that has brought the country to the successive crises and succession, not the suffering of displaced persons and humanitarian displaced far from the heads of the Iraqi political decision-making.
    Of necessity also activate the reconciliation file at home and through a number of meetings and conferences, which includes the state's institutions and clans and the elimination of political sectarianism and modify the matter, justice and the release of detainees and modify the amnesty law and the effective implementation of the decisions of these bills and voted on by the House of Representatives as soon as possible the law.
    It remains to say that the President of the House of Representatives had put forward an initiative for dialogue with the opposition forces abroad, under the auspices of the United Nations after the Arbil conference, which was boycotted by several internal and external parties.
    Congress may bear fruit in the light of what we see understandings rise to the degree of complementarity of the three presidencies before waiting for a reflection on the political reality and then to the community and not so long ago.

    http://translate.googleusercontent.c...ksvJpYIiomy9_w

  5. #5

    Opinion Piece

    sczin11- re-posted from various places ...news forum..chat...news releases
    **********************



    HOW IS THE COUNTRY OF IRAQ GOING TO FINANCE THE BUDGET? IN EFFECT, HOW ARE THEY GOING TO FINANCE THE EXCHANGE OF THE IRAQI DINAR, FROM ALL FOREIGN INVESTORS, AFTER RAISING THEIR DINAR VALUE TO A "TRUE REALITY RATE" FOR THE MOVE INTO THE OPEN MARKET GLOBAL ECONOMY!


    LET'S START WITH THE CBI ANNOUNCEMENTS FROM JANUARY 27, 2015... HERE IS THE ARTICLE THAT STARTED THE CONVERSATION IN CHAT TODAY.....

    CBI borrow six trillion dinars deposited by commercial banks have reserves to finance the budget


    The CBI has decided to finance the state budget with a loan of six trillion dinars, through the operation of 50% of the deposited by commercial banks reserves has, and the repurchase of treasury bonds from the secondary market.

    According to a statement of the bank it will buy about five trillion dinars, of which the first stage, and then to run 50% of reserves deposited by commercial banks has, and re-buy Treasury bonds from the secondary market, that these measures do not affect your Bantrza reserve in excess of $ 70 billion, the financial support of the budget and try to reduce the deficit. As well as enable them to provide housing and real estate loans for industrialists and farmers, support economic activity and job creation.

    http://tinyurl.com/q52z5l9


    HERE IS ANOTHER VERSION OF THE SAME NEWS RELEASE: NOTE THE HIGHLIGHTED WORDS TOWARDS THE END OF THE ARTICLE... THESE WORDS APPEAR IN MANY VERSIONS OF THIS RELEASE..





    Central Bank decides to finance the budget by 6 trillion dinars and agree on a set of proposals




    (Independent) The central bank decided to finance the budget for the current fiscal 2015 six trillion Iraqi dinars, and as he emphasized his agreement to a set of proposals to address the financial challenge in Iraq.

    The bank said in a statement received by the (independent) said Tuesday that "in line with the central bank's tasks and responsibilities in supporting the development and stimulate the Iraqi economy and in light of the financial challenges faced by the country, and approved by the Board of the Central Bank, among the proposals made by the bank's management."

    The bank said in its statement that "among the proposals is to support the liquidity of specialized commercial banks $ 5 five trillion dinars to enable them to provide loans to industrial and agricultural and providing housing and real estate loans in support of economic activity and job creation, as well as financing the state budget with a loan of $ 6 six trillion dinars During the run 50% of the commercial banks' reserves deposited with the Central Bank of Iraq. "

    The bank said that "the Board of Directors approved the repurchase of treasury bonds from the secondary market, where the central bank will buy about 5 five trillion dinars as a first stage of those bonds," asserting that "these actions do not affect the Central Bank of Iraq's Special Reserve." (END)

    http://translate.googleusercontent.c...K15dXy4pzn2eRw


    HERE IS A PIECE I DID BACK ON JANUARY 27 WITH REGARDS TO THIS NEWS...

    http://www.dinarupdates.com/showthre...ll=1#post94544


    NOW THE QUESTION IS...HOW IS THE BUDGET GOING TO BE FUNDED BY THE CBI WITH THE ABOVE INFORMATION IN PLAY?

    THERE HAS BEEN MUCH DISCUSSION AS TO WHAT BONDS WERE BEING REPURCHASED BY CBI...HOW WOULD THAT HELP THE LIQUIDITY? (REDUCING DEBT TO THE GOI IS THE KEY WITH REPURCHASING THE BONDS)... BUT IF YOU READ SOME VERSIONS CAREFULLY IF NOT ALL, IT SAYS THE START OF PHASE 1, IMPLYING IF NEEDED THERE WILL BE A PHASE 2 AND MAYBE MORE..ALONG WITH THE 6 TRILLION LOAN, (THAT SEEMS TO BE COMING FROM THE WORLD BANK, FROM OTHER NEWS WE SAW), AND ALONG WITH THE PHRASEOLOGY, THIS WILL FUND THE BUDGET... AS SEEN IN THE ARTICLE ABOVE..


    OKAY, SO SOME HAVE STATED, INCLUDING ME, THAT THE BUDGET NEEDS THE RV...MEANING IN ORDER TO IMPLEMENT MAJOR INVESTMENT PORTIONS AND OTHER AREAS OF THE BUDGET, THE DINAR VALUE MUST BE INCREASED, TO MAKE ANY SENSE OF IT... IN ORDER TO DO THIS, THE CBI NEEDS MONEY....EVERYONE HAS BEEN ASKING THE QUESTION, WELL MANY ANYHOW, WHERE IS THE MONEY COMING FROM, TO BUY BACK OUR DINAR...EXCHANGE OUR DINAR...WHATEVER YOU WANT TO CALL IT...

    DINAR LAND MYTHS TALK ABOUT USA OIL CREDITS, CHINA IS FUNDING..BLAH BLAH BLAH..MAYBE SOME IS TRUE, MAYBE NOT, BUT ULTIMATELY IT IS THE CBI WHO KNOWS THE NOTE COUNT LESS DESTRUCTED BILLS, AND KNOWS HOW MUCH THEY NEED TO BUY BACK OUR DINAR, AT A TRUE VALUE REALITY RATE, FOR INTERNATIONAL COMPLIANCE AND STANDARDS, AND FOR GLOBAL OPEN MARKET ECONOMY....

    BUDGET SAYS THEY MUST BE FUNDED BY THE MOP, MOF, AND THE CBI, THE CRISIS CELL MEMBERS, IF YOU WILL, AND HENCE THE REPURCHASE OF THE BONDS REDUCING THE DEBT THE GOI HAS TO COVER, THUS REDUCING THE MONEY THE CBI NEEDS TO
    FUND THE GOI WITH IN MONTHLY EXPENDITURES... BRINGING IN THE BONDS, IS FREEING UP CASH, LIQUIDITY FOR CBI, AS THEY DONT HAVE TO FUND THE GOI TO PAY THE BOND DEBT, THUS GIVING CBI LIQUIDITY..HENCE, PHASE 1 MENTION, AND MAYBE PHASE 2 AND MORE ALONG WITH THE 6 TRILLION IN LOAN TO FUND THE REST OF THE BUDGET, AS PRESCRIBED BY THE LAW! (REF.CBI ANNOUNCEMENT ABOVE)

    THE THEORY WAS FORMED, WHEN I READ THE 5 PART RELEASE BY CRISIS CELL/CBI JANUARY 27, AS REFERENCED ABOVE, AS TO WHY THE LOANS AND WHY THE BUY BACK OF BONDS, BUT.... THE REAL BUZZER, ALARM, WAS WHY THE SPECIFIC MENTION OF PHASE 1, LEAVING IT OPEN ENDED FOR FUTURE REPURCHASES..

    AND THEN WE SAW THE BUDGET..ARTICLE 58 I THINK, ...IF PASSED, THE MOF,MOP, MUST EXECUTE/FUND THE BUDGET..... IMHO...THIS CAN NOT BE DONE AT 1166 DINAR PER 1 US DOLLAR...............

    AND LASTLY, I WILL TRY AND TIE IT ALL TOGETHER....IF YOU FOLLOW ALL THE ABOVE, AND THEN READ OR RE-READ MY OPINION PIECE FROM YESTERDAY AFTERNOON, YOU WILL SEE AND GET CLUES ON WHERE WE ARE RIGHT NOW, IMHO!

    SCZIN11- OPINION PIECE..... A DEBATE IN DINARLAND...... WHY????



    LETS LOOK AT SOME DEFINITIONS FIRST..


    Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day,

    but central banks attempt to influence their countries' exchange rates by buying and selling currencies.

    It is also known as a dirty float.
    Managed float regime - Wikipedia, the free encyclopedia
    en.wikipedia.org/wiki/Managed_float_regime
    Wikipedia

    *********


    Fixed exchange-rate system

    From Wikipedia, the free encyclopedia

    A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime
    where a currency's value is fixed against either the value of another single currency,
    to a basket of other currencies, or to another measure of value, such as gold.

    There are benefits and risks to using a fixed exchange rate. A fixed exchange rate is usually
    used in order to stabilize the value of a currency by directly fixing its value in a predetermined ratio to
    a different, more stable or more internationally prevalent currency (or currencies), to which the value
    is pegged. In doing so, the exchange rate between the currency and its peg does not change based
    on market conditions, the way floating currencies will do.

    This makes trade and investments between

    the two currency areas easier and more predictable,


    and is especially useful for small economies in
    which external trade forms a large part of their GDP.


    A fixed exchange-rate system can also be used as a means to control the behavior
    of a currency, such as by limiting rates of inflation. However in doing so,
    the pegged currency is then controlled by its reference value. As such,
    when the reference value rises or falls, it then follows that the value(s) of any
    currencies pegged to it will also rise and fall in relation to other currencies and
    commodities with which the pegged currency can be traded. In other words, a
    pegged currency is dependent on its reference value to dictate how its current
    worth is defined at any given time. In addition, according to the Mundell–Fleming
    model
    , with perfect capital mobility, a fixed exchange rate prevents a government
    from using domestic monetary policy in order to achieve macroeconomic stability.


    In a fixed exchange-rate system, a country’s central bank typically uses

    an open market mechanism and is committed at all times

    to buy and/or sell its


    currency at a fixed price in order to maintain its pegged ratio and, hence, the

    stable value of its currency in relation to the reference to which it is pegged
    .

    The central bank provides the assets and/or the foreign currency or currencies
    which are needed in order to finance any payments imbalances.

    READ MORE AT

    http://en.wikipedia.org/wiki/Fixed_exchange-rate_system


    OKAY, SO NOW THAT WE FULLY UNDERSTAND THE DIFFERENCE, (LOL), LET'S
    LOOK AT THE VANILLA ICE CREAM, HOPEFULLY EASY TO UNDERSTAND, THEORIES..
    EVERY COMPANY, COMMODITY, CURRENCY, ETC...THAT TRADES ON AN EXCHANGE,
    ANYWHERE IN THE WORLD, TRADES BASED ON SUPPLY AND DEMAND, ECONOMIC
    OUTLOOK, AND CURRENT PERFORMANCE...

    THERE IS ALWAYS A SPREAD.... A BUY AND A SELL PRICE ( BID AND ASK )...
    YOU BUY FOR THE HIGHER PRICE, AND SELL FOR THE LOWER PRICE... THERE
    MUST BE A SELLER OF WHAT YOU WANT TO BUY, IN ORDER FOR A BUY ORDER
    TO BE EXECUTED...

    WHEN A NEW LISTING BECOMES AVAILABLE IN THE MARKET PLACE
    ( IPO, INITIAL PUBLIC OFFERING ON AN EXCHANGE), IT IS HYPED, MARKETED,
    AND RESEARCHED BY ASTUTE INVESTORS, MONEY MANAGERS, TRADERS,
    SPECULATORS, ETC...

    AND WHEN IT FINALLY OPENS UP FOR TRADING TO THE PUBLIC, (THERE ARE
    ALWAYS OFFERINGS TO INSIDERS, LEGAL, FOR CERTAIN AMOUNTS
    AT A LOWER PRICE THEN THE OPENING PRICE), THE PROJECTED "TRUE VALUE" OR
    "REALITY RATE", INITIALLY PROJECTED BY THE UNDERWRITERS, RARELY
    IS WHAT IT IT OPENS UP AT... USUALLY HIGHER, AND IN MANY HIGHLY
    EXPECTED COMPANIES, ISSUES, ETC... MUCH HIGHER! (SEE FACEBOOK AND TWITTER
    AS 2 RECENT EXAMPLES)...

    THEN THE PRICE FLUCTUATES FOR A PERIOD OF TIME, SOMETIMES A DAY, A WEEK,
    OR MORE...AND THEN WHAT HAPPENS, INSIDERS DUMP A LOT, PRICE STABILIZES,
    AT ITS "NEW TRUE VALUE.."!

    NOW BASED ON SUPPLY AND DEMAND, THE PRICE WILL FLOAT, WILL FLUCTUATE,
    UP AND DOWN, GOING FORWARD, WITH INVESTORS WATCHING VARIED NEWS
    REPORTS, CORPORATE EARNINGS AND PROJECTIONS, PRODUCT DEVELOPMENT,
    PAST PERFORMANCES AND FUTURE HOPES....

    SO YOU CAN SEE, BASED ON ALL THE REPORTS, RELEASES, AND ANNOUNCEMENTS,
    WE ARE LED TO BELIEVE THAT THE IRAQI DINAR, SHOULD BE SUPPORTED WITH EASE,
    BY THE CENTRAL BANK OF IRAQ, ( CBI ), AND FURTHER REPORTS INDICATE THE VALUE
    OF THE CURRENCY SHOULD BE ONE OF THE STRONGEST, IF NOT THE MOST
    POWERFUL CURRENCY IN THE WORLD!

    THE COST OF EXCHANGING THE OLD DINAR, ( WHAT WE OWN) WITH THE NEW VALUE
    PAIRED TO WHATEVER CURRENCY OR COMMODITY THEY CHOOSE, IS ONE OF SIGNIFICANT
    LEVELS...IT WOULD POSSIBLY BEHOOVE THE CBI TO PAY AS LITTLE AS POSSIBLE,
    THUS COMING UP WITH A LOWER INITIAL EXCHANGE RATE...CORRECT? I SAY NOT!!!

    THE MOST IMPORTANT REASON I FEEL THIS WAY, IS DESCRIBED IN THE
    DEFINITIONS ABOVE.. READ THEM AGAIN... A FIXED RATE NEEDED FOR GLOBAL TRADE
    IN AN OPEN MARKET ECONOMY.. A TRUE VALUE... IF THE CBI COMES OUT WITH
    A LOWER RATE THEN THE INTERNATIONAL MARKET WARRANTS AND DEMANDS,
    WHAT KIND OF CONFIDENCE DOES THAT SHOW THE WORLD?

    NEXT, IF THE RATE CAME OUT LOW, HOW LONG WOULD IT TAKE THE MARKET TO ADJUST
    TO THE TRUE VALUE....BEFORE YOU COULD GET TO THE BANK, THE RATE WILL
    HAVE CHANGED... REMEMBER, ONCE THEY RELEASE THE "NEW RATE", AT WHATEVER
    LEVEL THAT IS, IT IMMEDIATELY BEGINS TRADING ON THE FOREX CURRENCY EXCHANGE..

    AT THAT TIME, THE ONLY CONTROL THE CBI WOULD HAVE OVER THE VALUE,
    WOULD BE THE CONTINUED TAKING IN THE DINARS OFF THE STREET, OR THE PRINTING
    OF NEW DINARS... EITHER WAY, THERE ARE MANY INTERNATIONAL STANDARDS AND
    COMPLIANCE ISSUES AT STAKE, THAT THEY HAVE WORKED SO HARD TO OVERCOME,
    IMPLEMENT, AND BECOME IN THE GRACES OF THE GLOBAL COMMUNITY...

    IRAQ HAS INVESTED HUNDREDS OF BILLIONS OF DOLLARS, IS BEGGING FOR THAT
    MUCH AND MORE TO COME IN AND INVEST WITH THEM, AND IS RAPIDLY BECOMING THE
    SOVEREIGN , DEMOCRATIC, UNIFIED , WEALTHY, POWERFUL COUNTRY,
    THE NEW REGIME HAS PROMISED THEIR CITIZENS.... AND AS OF A FEW DAYS AGO,
    PRIME MINISTER ABADI HAS CLEARLY STATED TO THE WORLD, FROM GERMANY,


    "IRAQ IS OPEN FOR BUSINESS!"

    http://www.dinarupdates.com/showthre...ll=1#post96713

  6. #6

    The Dinar Daily, Wednesday February 11, 2015

    Cabinet source: legal accountability and guard did not consign to parliament
    Date: 02/11/2015 12:17Information / Baghdad / ..A source in the Council of Ministers, on Wednesday, that the National Guard and legal accountability, justice and the prohibition of the Baath Party did not consign to the House of Representatives.
    The source said in a statement to the official breaking news of the center and seen by / information /, "The National Guard and legal accountability, justice and the prohibition of the Baath Party did not consign to the House of Representatives, where he was sent to the Council of State to make the legal notice."
    He added that "after the Council of Ministers that will send him to the House of Representatives," he said, adding that "what is being offered in the media of the drafts of the two laws is incorrect."
    The source explained that "accountability and justice, and the prohibition of the Baath party in which the law excluded from paragraph fought terrorism and contributed to building the state after 2003 and did not commit any offense against the sons of the Iraqi people before, and reflect the sincerity of intentions." Finished / 25





    • http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3511761&usg=ALkJrhgdby72DQ39GGh-6g58P2IHyv3-UQ


    ​AND
    Abadi Office: legal accountability of the National Guard and did not consign to the House of Representatives

    11/02/2015 11:55 | :


    BAGHDAD / Source News / .. A source in the Prime Minister's Office Haider al-Abadi, Wednesday, that the National Guard and legal accountability and justice, he said did not consign to the House of Representatives, where he was sent to the State Council.
    The source said in a press statement "occur in some media and websites attitudes and echoes around the legal National Guard and accountability, justice and the prohibition of the Baath Party, and in this regard we would like to make it clear that these laws have not are sent to the House of Representatives until now as it has been sent to the Council of State to show the legal notice He must have found and brought back to the Council of Ministers to be sent to the House of Representatives and what displays in the media of the drafts is incorrect. "
    "We also make it clear that the position of the Prime Minister Haider al-Abadi of national reconciliation has not changed, but categorically rejected any reconciliation with the blood on his hands with the blood of Iraqis as many Baathists are still practicing Ajramanm was recently they have done massacre Spyker will not relent in defending the rights of victims and arrest these people and bring them to spend to receive their just punishment, in addition to the accountability and justice and the prohibition of the Baath party in which the law of paragraph excluded from the deadly terror and contributed to building the state after 2003 and did not commit any offense against the Iraqi people before they reflect the sincerity of intentions. "

    http://translate.googleusercontent.c...K5aMP-7yxVeohA
    He said, "We call on everyone not to rush the release of statements and maintaining compatibility case taking place in the political process as the Haider Abadi past its actions reformist and committed the government program and the implementation of the paragraphs which seemed clear and evident during the past five months, in which a large number of this program has been implemented," he "The implementation of reform measures in state institutions going on in full swing and we are moving in order to move towards a state of institutions and Iraq is free of terrorism and his family enjoy the rewards" .anthy / 19 p



    and

    PM's office: National Guards, Justice& Acountability law drafts cannot be returned to CoM

    Wednesday, 11 February 2015 19:18

    Baghdad (AIN) –The Spokesperson of the office of the Prime Minister, Haider al-Abadi stated "The National Guards law draft and the Justice and Accountabilty law drafts cannot be amended or returned to the Council of Minister from the legal point of view where the Council of Ministers is not requesting that."

    http://www.alliraqnews.com/en/index....ed-to-com.html
    Last edited by chattels; 02-12-2015 at 12:44 AM.

  7. #7

    Re: The Dinar Daily, Wednesday February 11, 2015

    The establishment of Iraq Economic Forum-style international forums



    BAGHDAD / Source News / .. economist said the appearance of Mohammed Saleh, the establishment of the Iraq Economic Forum along the lines of international and global forums.

    Saleh said in a press statement I followed Agency / Source News /, "The Forum is a non-governmental organization independent not-for-profit, a forum for the private sector Iraqi Athadath and all its organizations and its representatives and its institutions and its Characters and to unify the visions."

    "The Forum will be available to those who wish to join researchers, academics and organizations competent in economic affairs, associations and aims to cooperate with the government and dialogue in order that the market is doing and his leadership in the future and achieve development."

    He said he intended to "create a favorable climate for investment in accordance with the interim look is consistent with the economic approach of government program and look at the strategy in line with the Article 25 of the Constitution, and be compatible with the strategies and the laws of economic reform, but are complementary and given them in the implementation of the government program."/ Q ended

    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3511806&usg=ALkJrhisOnL-HBEqVAFjaJcrYnwnsT8Tyg
    Last edited by pinkadonai1; 02-11-2015 at 11:30 AM.

  8. #8

    Re: The Dinar Daily, Wednesday February 11, 2015

    The "k9" dominate the control points by a decision of the Board of Baghdad



    Baghdad-Iraq-Presse -11 February: the security committee in the Baghdad Provincial Council decided to replace many of the checkpoints sniffer dogs to help improve the security of the Iraqi capital.
    The Vice-Chairman of the Committee, Mohammed al-Rubaie, said that "the recent bombings in Baghdad proved the existence of some pockets of terrorism necessitated the use of dogs (k9) police."

    He noted al-Rubaie, said in a statement, received / Iraq Press / copy of it on Wednesday, that "the war being waged Iraq against the largest terrorist group in the world require strict security procedures," revealing "monitoring more than three billion Iraqi dinars to complete the project, which includes the costs of Travel, training and transportation, as well as creating barns own dogs. "

    Baghdad has seen this week in a series of bombings killed Xrat in conjunction with the lifting of the night roaming and raise the majority of the concrete barriers from the streets of the capital. Ended (1)


    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3511793&usg=ALkJrhiuiSLRz-KZvMd9LKYD1GSw_tHhtg


    Last edited by pinkadonai1; 02-11-2015 at 11:31 AM.

  9. #9

    Re: The Dinar Daily, Wednesday February 11, 2015

    Work: 10 million dinars industrial loan for each registered unemployed



    Tomorrow Press / Baghdad: revealed the Ministry of Labour and Social Affairs, on Wednesday, it fired industrial loans for the unemployed Muslgen have, indicating that the loan will be subject to strict supervision and follow-up projects to be implemented through.

    The general director of operating loans department in the ministry Riad Hassan for "tomorrow's Press," that "the ministry has developed since last year's plan includes the allocation of industrial loans registered unemployed have in the department and that they have different industrial skills", adding that "those Altejesat been provided with the department It is now ready for launch. "

    He said the "value of those loans amounting to 10 million dinars for each borrower to pay over five years without interest," pointing out that "the loan will be earmarked for industrial projects, medium and light to be provided by the borrower to be studied and decided by committees circle".

    Hassan added that "these projects submitted by borrowers will be subject to supervision and follow-up, as well as it will be accessible and free of red tape that the borrower gets tired."


    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3511792&usg=ALkJrhgi1NOCjfH5THnBincIhXb6DJvYlw
    Last edited by pinkadonai1; 02-11-2015 at 11:32 AM.

  10. #10

    Re: The Dinar Daily, Wednesday February 11, 2015

    The knowledge of the government .. electronic market for buying and selling Alaslahh in Iraq



    The virtual world is not much different from the world of reality in Iraq, both iron and fire, rockets and cannons. Vmtcefh social networking site, 'Facebook', dozens of Iraqi pages to find the arms trade publicly, and its different forms, from the individual to the machine guns and rockets.

    Usually carry the names of public pages for content, such as 'sale and purchase of weapons in Iraq', or 'arms market in Baghdad'.

    Perhaps more surprising is that the owners of these pages and their visitors share their addresses and phone numbers publicly and get to know the prices of different weapons openly. Which indicates the involvement of government agencies and influential spread of e-commerce for the weapon, especially when it is clear that the militias and government forces to buy weapons from each other through the pages.

    In this context, talking arms dealer, Basil Sabri (40 years), about his journey in the sale and purchase of weapons, and says: 'This trade began after 2003, with a group of friends. Demand for the purchase of various weapons has become a necessity after the Iraqi resistance against the American occupation began. We sell different types of weapons in the field, as it was our special places where we show our weapons. '

    He continues Sabri: 'That day we make an effort and time to reach customers, and now provided us with pages Facebook all, communicate with your customers and become more easily through the exchange of phone numbers and an agreement on the price of the weapon, and then select a specific place for the receipt and delivery'. Page also provides selling another, Sabri says: 'let those who want to sell their weapons to announce it on our pages obligation to pay a commission of 4 to 5 percent of the value of the weapon condition'.

    As for the types of weapons, and says: 'We sell weapons from the smallest to the largest, from pistols with silencers, machine guns and rifles, lobby Ka C, and 14.5 machine guns, and rocket launchers up to the shoulder-mounted, and 51 mm cannons. In addition to the various materiel light and heavy and medium. It is clean and reliable goods'.

    Sabri does not seem to concern any of the security agencies regarding Mtagerth weapons. In this regard, disclosed his dealings with some government agencies that sold a lot of weapons. He also points out that the 'heavy weapons purchased by the militias, as we sell small arms, machine guns and rifles Kalmsdsat, citizens seeking to protect themselves from armed attacks'.

    In turn, the observer of those pages, Adnan says Fadel (30 years): 'arms trade pages on Facebook sells arms openly, and put the images required for the weapon with a phone number to communicate with the owner, as well as the address of the place of receipt and delivery. With the absence of legal controls, you will not be surprised if they knew that the military and security forces government to buy weapons from these pages. Indeed, there is a difference from the Iraqi army and special forces and security agencies to buy what you need materiel and weapons from these pages, I have seen it myself. '

    Adnan and points out that 'the handguns prices ranged between 1,000 and US $ 2,000, and the Russian Kalashnikov machine gun between $ 1,000 and $ 1,500, while the Kalashnikov bullet does not exceed the price of $ quarter'. He adds: 'I bought myself more than half a million bullets from a Kalashnikov clients these pages.'

    In contrast, reveals an officer in the Iraqi Interior Ministry, that 'government knows exactly these pages and know the risks of Iraqi society'. He adds the officer, who refused to be named, said in a statement the new Arab newspaper, noted that it occupies an important position in the interior, that the reason for the spread of these pages back to that 'a lot of the ruling political parties, militias and even the security agencies to deal with it and buy arms through brokers and dealers where'.

    Pistols with silencers
    In addition to machine guns and cannons, pistols, silencers thread was sound, note that the weapon that suffered by the Iraqis more than any other day. The Iraqi parliament has voted, late last month, the continuation of a project to prevent the use and spread of silenced weapons, which is punishable by death Anyone who uses or carries arms or forfeits or traded or promoted by law, pending approval later.


    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3511826&usg=ALkJrhiuOoTgRTs7wRZLD5d9M3dwXe9hfA
    Last edited by pinkadonai1; 02-11-2015 at 11:33 AM.

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