Wednesday, September 28, 2011

Iraqi Dinar News

     It seems to be that Iraq is well on it's way to being completely taken out of chapter 7 sanctions.  See in this article below.
28/09/2011 28/09/2011


Zebari sought to gather support for the grant Palestine full membership in United Nations
بغداد – الصباح BAGHDAD - morning

Agreed Baghdad and Washington to proceed with the completion of steps to remove Iraq from Chapter VII, while seeking Foreign Minister Hoshyar Zebari to gather international support to grant Palestine full membership in the UN. The research and Minister of Foreign Affairs with Assistant U.S. Secretary of State for Near Eastern Affairs Jeffrey Feltman, the remaining steps to bring out the Iraq of the provisions of Chapter VII of the Charter of the United Nations. . The Foreign Ministry statement received "morning," a copy of, "Zebari met with Feltman on the sidelines of the General Assembly of the United Nations, and discussed promotion of bilateral relations, in addition to the events taking place in the Arab region in light of the changes and political developments and calls for reform demanded by the peoples of the Arab Region" . The two sides stressed the need to complete the remaining steps to enable Iraq to get out of the final provisions of Chapter VII of the Charter of the United Nations.
In the meantime, Zebari discuss with his Syrian and Turkish support for the Palestinian demand for a full membership of the United Nations.
According to another statement of Foreign Affairs, met with Zebari, the foreign ministers of Turkey and Syria, Walid Moallem, Ahmet Davutoglu, on the sidelines of the sixty-sixth session of the General Assembly of the United Nations in New York. "
The statement added that Zebari discussed with the teacher the importance of coordinating work within the Arab group to follow up the Palestinian demand, as discussed with Ihsanoglu anything to offer Turkey to support the Palestinian demand. And on the mutual relations between Turkey and Iraq, Zebari, Ihsanoglu stressed the importance of development for the mutual benefit of both peoples, particularly in the field of water management and fair to benefit the three countries Turkey, Syria, Iraq, from the Tigris and Euphrates.
The two sides also discussed developments and political changes taking place in the Arab region, and the importance of responding to the aspirations of their people towards freedom and democracy.
On the sidelines of the meetings of the sixty-sixth session of the General Assembly of the United Nations also discussed and foreign minister with his Azerbaijani and Bulgarian, Brazilian, relations and ways of strengthening the joint.
During his meeting with Bulgarian Foreign Minister Nikolai Mladenov, Zebari discuss bilateral relations and ways of developing them in the light of the Bulgarian government's decision to reopen its embassy in Baghdad, as well as the intensification of contacts and visits between the two countries. ا. For his part, Mladenov for his country's readiness to help Iraq in the areas of cooperation with the European Union, on the basis of relations of cooperation and traditional friendship between the two countries and expressed his desire to visit Baghdad soon.
In the context Zebari discussed with his Azerbaijani Elmer Mammadyarov, bilateral relations and arrangements necessary to intensify communication and cooperation between the two countries, as that serves the common interests of both.
The third in a statement the Foreign Ministry that "the two sides agreed to coordinate in a multilateral framework and in order to provide mutual support in international organizations, where Zebari expressed his appreciation to the Azerbaijani government's decision to open an embassy in Baghdad."
Zebari also discussed with his Brazilian counterpart, Antonio Patriota, the cooperation relations between the two countries and the need to develop to serve the common interest of both countries and peoples.
Zebari said during the meeting: "The Brazilian government's decision to open an embassy in Baghdad in the near future, will have a positive effect in expanding horizons of cooperation between the two countries."
The two sides discussed Arab relations - Latin American in the light of Forum of political, economic, organized by the parties, and its importance in bringing the views and enhance Arab cooperation - Latin American, as well as examining the tendency to Palestine to the United Nations, as Foreign Minister promised to Brazil to pursue his subject as a non-permanent member in the Security Council of what is known about the support and support for the legitimate demands of the Palestinian people.
For his part, Zebari promised to meet the call made ​​to him by his Brazilian counterpart to visit Brazil at the earliest possible opportunity.

     As you can see movement is being made in leaps and bounds at this point.  Yes Miliki is still doing what he does best, Nothing.  So I should expect to see some kind of governmental movement to strike Miliki if he doesn't start playing ball with everyone else.  This is great news though and here is another article that further states what is going on.
     I have also read today that Vice Pres. Biden is in Iraq right now discussing the further withdrawal of the U.S. troops.  He is also over there to get things done with the government.  He is going to set Miliki and his cronies straight and get this ball rolling faster. 
Biden in Baghdad to discuss the withdrawal

28/09/2011

U.S. congressional delegation visiting Iraq in the days of
Baghdad morning I learned »morning» from sources of high-ranking U.S. Vice President Joseph Biden thinks visit Baghdad to discuss a withdrawal. The sources, who asked not to be named: The «Biden may visit Baghdad next month to deal on the mechanics of the withdrawal of U.S. troops from Iraq and keep the coaches and the issue of immunity and long-term partnership between the two countries in accordance with the strategic framework agreement ». The MP for the National Alliance, Haitham al-Jubouri announced that the U.S. forces refused to keep any of its soldiers on Iraqi territory for one day without enjoying full immunity, and with the authorization of the House of Representatives, stating in a press statement, said that the Iraqi negotiating team headed by Prime Minister Nuri al-Maliki tried to persuade the U.S. side to keep the number of trained immunity, partial, or no immunity, through dial-up the last that took place between al-Maliki and Biden, but the latter refused this matter and strongly. According to the source, the goal of Biden's visit the President on keeping the number of American soldiers with them legal immunity appears to be «not be achieved», by the refusal so by Prime Minister Nuri al-Maliki and most of the political blocs, except the province of Kurdistan, who warned in the words of President Massoud Barzani of the withdrawal is final. In the meantime, a delegation of U.S. congressional visit to Baghdad in the next few days. The aim of the delegation's visit, for according to sources, to discuss the developments in the political process in Iraq, especially that the country is at the forefront of countries in the region which is endowed by the winds of democracy after the fall of the dictatorial regime. The source, who asked not to be named: The «delegation's visit will provide U.S. officials to visit the high-level».U.S. congressional delegation visiting Iraq in the days of
Baghdad morning I learned »morning» from sources of high-ranking U.S. Vice President Joseph Biden thinks visit Baghdad to discuss a withdrawal. The sources, who asked not to be named: The «Biden may visit Baghdad next month to deal on the mechanics of the withdrawal of U.S. troops from Iraq and keep the coaches and the issue of immunity and long-term partnership between the two countries in accordance with the strategic framework agreement ». The MP for the National Alliance, Haitham al-Jubouri announced that the U.S. forces refused to keep any of its soldiers on Iraqi territory for one day without enjoying full immunity, and with the authorization of the House of Representatives, stating in a press statement, said that the Iraqi negotiating team headed by Prime Minister Nuri al-Maliki tried to persuade the U.S. side to keep the number of trained immunity, partial, or no immunity, through dial-up the last that took place between al-Maliki and Biden, but the latter refused this matter and strongly. According to the source, the goal of Biden's visit the President on keeping the number of American soldiers with them legal immunity appears to be «not be achieved», by the refusal so by Prime Minister Nuri al-Maliki and most of the political blocs, except the province of Kurdistan, who warned in the words of President Massoud Barzani of the withdrawal is final. In the meantime, a delegation of U.S. congressional visit to Baghdad in the next few days. The aim of the delegation's visit, for according to sources, to discuss the developments in the political process in Iraq, especially that the country is at the forefront of countries in the region which is endowed by the winds of democracy after the fall of the dictatorial regime. The source, who asked not to be named: The «delegation's visit will provide U.S. officials to visit the high-level».U.S. congressional delegation visiting Iraq in the days of
Baghdad morning I learned »morning» from sources of high-ranking U.S. Vice President Joseph Biden thinks visit Baghdad to discuss a withdrawal. The sources, who asked not to be named: The «Biden may visit Baghdad next month to deal on the mechanics of the withdrawal of U.S. troops from Iraq and keep the coaches and the issue of immunity and long-term partnership between the two countries in accordance with the strategic framework agreement ». The MP for the National Alliance, Haitham al-Jubouri announced that the U.S. forces refused to keep any of its soldiers on Iraqi territory for one day without enjoying full immunity, and with the authorization of the House of Representatives, stating in a press statement, said that the Iraqi negotiating team headed by Prime Minister Nuri al-Maliki tried to persuade the U.S. side to keep the number of trained immunity, partial, or no immunity, through dial-up the last that took place between al-Maliki and Biden, but the latter refused this matter and strongly. According to the source, the goal of Biden's visit the President on keeping the number of American soldiers with them legal immunity appears to be «not be achieved», by the refusal so by Prime Minister Nuri al-Maliki and most of the political blocs, except the province of Kurdistan, who warned in the words of President Massoud Barzani of the withdrawal is final. In the meantime, a delegation of U.S. congressional visit to Baghdad in the next few days. The aim of the delegation's visit, for according to sources, to discuss the developments in the political process in Iraq, especially that the country is at the forefront of countries in the region which is endowed by the winds of democracy after the fall of the dictatorial regime. The source, who asked not to be named: The «delegation's visit will provide U.S. officials to visit the high-level».
      Now we know that a certain number a U.S. military has to be drawn down in order to become a fully sovereign nation.  This will in turn support the release of chapter 7 sanctions and thus make the Iraqi Dinar gain value in the international community.  Once the Dinar is recognized internationally there is no way to stop it from gaining in value.  The only question in my mind is, are they going to R.V. or are they going to put it out and let it gain value on it's own against the other currencies that are internationally traded?  I personally believe that there will be an R.V.  If Iraq where to put their currency out at a value of 1170 then the inflation will run rampant and all will have been for nothing.  Therefore they will need to at least get equal to the U.S. Dollar.  This will curb the inflation and give the Dinar a true start to gaining value. 
     So many people are just waiting on the R.V. of the Dinar.  There will be %80 of investors cashing out, but is that really the best thing to do?  Maybe, Maybe not.  That is something each investor will have to decide for themselves.  Let's say that the Dinar comes out equal to a U.S. dollar.  That will be quite a substantial gain on investment.  However the Dinar will go up in value considerably after it is traded internationally.  Iraq has stated that it will be the richest country in the middle east.  To do that Iraq will have to raise the value of the Dinar to almost $4.00 to one U.S. Dollar.  That is the only way for Iraq to lead the Middle East in to the future.  Pretty simple right.  All it takes on the investors behalf is patience.  The Dinar will have value again.  We just do not know exactly when.
     There has been talk about Iraq raising the zero's in 2013.  That is just misdirection to curb speculation.  A quick search will show that the currency auctions held everyday are actually designed to pull in the large denominations.  These large denom's are being destroyed, thus showing us that the CBI is and has been taking steps to remove the U.S. dollar from their country and to support the Dinar as the in country currency.  So once again be patient and great things come to those who wait. 
     Thank you for reading and I sincerely hope this has provided some clarity amongst a seemingly chaotic scene in Iraq.  Remember misdirection is what is supposed to be put out to curb  speculation.