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msmarry5

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  1. HAPPY BIRTHDAY CISOLE! Hope you have a great day and a great RV! BUT>>> my birthday is Thursday and if not on yours, then I welcome one for my birthday. I told Shabibi I wanted an RV for my birthday. He said he is polishing it up, wrapping it purty, and sending it to me special delivery. But I wouldnt mind it coming in a day or two early!!! HAPPY BIRTHDAY!!!
  2. Iraq Oil Assets May Be at Risk of Seizure By Caroline Alexander and Nayla Razzouk - Jun 29, 2011 4:32 PM CT The expiration today of United Nations protection of Iraq’s oil revenue from creditors seeking damages stemming from Saddam Hussein’s 1990 invasion of Kuwait may make the assets vulnerable to seizure, exacerbating tensions between the two countries. The Security Council voted in December to allow expiration of UN oversight and immunity for oil revenue deposited in the Development Fund for Iraq, created in 2003 to pay off debts incurred by the Hussein regime. Iraq, which holds the world’s fifth-largest crude reserves, will continue to pay 5 percent of its oil revenue to Kuwait as compensation for damages, including the theft of 10 Kuwaiti aircraft by Hussein. Foreign Minister Hoshyar Zebari said in December that Iraq would seek bilateral agreements to protect its assets abroad once the mandate expired. He didn’t elaborate and the Iraqi government has made no announcements since then. Parliamentary monetary committee member Jawad al-Bolani said in an interview that a team of experts is trying to resolve the issue of Iraqi funds abroad and that ‘significant steps” have been made. A lawyer for Kuwait Airways Corp., Christopher Gooding, said “the class of assets against which we can seek enforcement has expanded.” “Despite pleas to the contrary, Iraq is an extremely rich country,” Gooding, a partner at London-based Fasken Martineau, said in a telephone interview yesterday. “Its trading assets are available worldwide, and it remains our intention to seize Iraqi assets whenever and wherever they are available.” Hussein’s Debts Iraq amassed about $130 billion in debt under Hussein, of which it still owes about $21 billion to Kuwait. It also owes money to Qatar and Saudi Arabia, and continues to pay into the UN compensation fund even as its economy tries to recover from decades of conflict, sanctions and sabotage, eight years after the U.S.-led invasion that ousted Hussein. “For anyone with unpaid debts with Iraq, this is a very significant development,” Stephen Fietta, a solicitor at Volterra Fietta in London, said in an interview, referring to the expiration. Most legal jurisdictions recognize the ability of creditors to seize debtors’ assets as a means of debt enforcement. A sophisticated creditor may be able to track Iraqi cargo and try to seize it as it enters a port, or upon its discharge, he said. “The risk might be minimized if the legal title was transferred by the Iraqi government before the oil was shipped,” Fietta said. “So there are ways around this, but the constant risk of seizure and enforcement can become a real headache for sovereign debtors, just as for private ones.” Oil Export Plans In July, Iraq will export 16.3 million barrels of Kirkuk crude oil from the Turkish port of Ceyhan on the Mediterranean, according to a shipping schedule obtained by Bloomberg News. The July program comprises 24 cargoes with total volume of 524,355 barrels a day, the plan showed. The cargo sizes range from 250,000 barrels to 1 million barrels. Relations between Iraq and Kuwait have been strained since the end of the war in 1991. Outstanding issues include the demarcation of borders, missing persons and the location of Kuwaiti government archives. The 21-year row over the plundering of the Kuwaiti planes highlights the risks. Iraqi Airways offices in Amman were seized in May and assets of $1.5 million frozen following a lawsuit by Kuwait Airways. The Kuwaiti carrier is seeking $1.2 billion in compensation, and won a U.K. court order to freeze the Iraqi airline’s global assets in April 2010. Billion-Dollar Ruling In a 2005 ruling in England, Iraqi Airways was ordered to pay more than $1 billion to Kuwait Airways. In October, the Canadian Supreme Court ruled that Iraq can’t rely on state immunity to thwart efforts by Kuwaiti Airlines to seize assets in Canada, including planes made by Bombardier Inc. “It is true that the international immunity will no longer be there; what will happen after June 30, we will have to see,” said Muzhar Saleh, adviser to Iraq Central Bank Governor Sinan Al Shabibi, in a June 28 telephone interview from Baghdad. “Iraq has a large legal team, both at home and abroad, which will handle any future litigation.” Saleh, like other Iraqi officials, called for all debts remaining from the Hussein era to be written off. Otherwise, he said Iraq will continue to put aside money into a fund that will be supervised by Iraq’s central bank. Stephen Tricks, a partner at Clyde & Co LLP in London, said most of the claims are likely to come from Kuwait Airlines, and that he doesn’t expect to see “a large flood of claims” from companies and individuals sued for compensation. Gooding said Kuwait Airlines would be willing to listen to proposals to settle the case. “The door is open,” he said. “There are no absolutes, but equally there has to be some movement.” To contact the reporters on this story: Caroline Alexander in London at calexander1@bloomberg.net; Nayla Razzouk in Amman at nrazzouk2@bloomberg.net To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net http://www.bloomberg...of-seizure.html 1
  3. The latest daily currency auction was held in the Central Bank of Iraq on the 23-JUN-2011. The results were as follows: Details Notes Number of banks 22 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 179,248,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 179,248,000 Total offers for selling (US$) ----- Currency Code Sell Buy US dollar USD 1170.000 1168.000 Euro EUR 1684.449 1683.607 British pound GBP 1886.742 1885.799 Canadian dollar CAD 1202.961 1202.360 Swiss franc CHF 1390.044 1389.349 Swedish krona SEK 184.043 183.951 Norwegian krone NOK 214.129 214.022 Danish krone DKK 225.847 225.734 Japanese yen JPY 14.578 14.570 Special Drawing Rights SDR 1869.286 1868.351 Indicative rates - 23.06.2011
  4. The latest daily currency auction was held in the Central Bank of Iraq on the 22-JUN-2011. The results were as follows: Details Notes Number of banks 18 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 174,457,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 174,457,000 Total offers for selling (US$) ----- US dollar USD 1170.000 1168.000 Euro EUR 1681.641 1680.800 British pound GBP 1895.283 1894.335 Canadian dollar CAD 1203.209 1202.607 Swiss franc CHF 1386.749 1386.055 Swedish krona SEK 183.061 182.970 Norwegian krone NOK 212.542 212.436 Danish krone DKK 225.460 225.347 Japanese yen JPY 14.589 14.581 Special Drawing Rights SDR 1869.976 1869.041 Indicative rates - 22.06.2011
  5. sorry you feel that way. no disrespect meant. just trying to set apart the opinion from the facts. point being---- HAVE A GREAT DAY! and once again- HAVE A GREAT DAY!!!
  6. Currency Code Sell Buy US dollar USD 1170.000 1168.000 Euro EUR 1672.164 1671.328 British pound GBP 1902.420 1901.469 Canadian dollar CAD 1196.319 1195.721 Swiss franc CHF 1374.692 1374.004 Swedish krona SEK 184.107 184.015 Norwegian krone NOK ----- ----- Danish krone DKK 224.177 224.064 Japanese yen JPY 14.522 14.514 Special Drawing Rights SDR 1866.220 1865.287 Indicative rates - 16.06.2011 Announcement No. (1920) The latest daily currency auction was held in the Central Bank of Iraq on the 16-JUN-2011. The results were as follows: Details Notes Number of banks 19 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 180,717,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 180,717,000 Total offers for selling (US$) ----- I know at this point it may not mean much- habit of looking and posting.... NO CHANGE- but HAVE A GREAT DAY...
  7. That would be nice to have access to info. But at this time I am sitting at the hospital with my husband who had a stroke this morning... he just sat down to read dinar forums... that $50 goes elsewhere at this time. I will continue to rely on those of you who let little tips come out on the forum. yes i have a computer and am reading news- he wants to know whats going on so he can quit his mind numbing job..... And BTW - am not bashing the poster,,, Im just frustrated, worried, and wanting this done so he can quit...today would be a good day to RV. Now its personal- not just for Iraqis in need, but selfishly for my husband as well.
  8. your post encouraged me as I had bought from him before and wanted to get a little more. So I went to the Dinar Trade website and saw the disclaimer of not selling or buying currency at this time. The same words that have been there all along. So how did you get a delivery from them? is there a different web site than the link from another unnamed dinar site?
  9. The latest daily currency auction was held in the Central Bank of Iraq on the 8-JUN-2011. The results were as follows: Details Notes Number of banks 14 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 137,205,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 137,205,000 Total offers for selling (US$) ----- Currency Code Sell Buy US dollar USD 1170.000 1168.000 Euro EUR 1714.284 1713.427 British pound GBP 1922.310 1921.349 Canadian dollar CAD 1200.616 1200.015 Swiss franc CHF 1402.037 1401.336 Swedish krona SEK 190.089 189.994 Norwegian krone NOK 218.671 218.562 Danish krone DKK 229.894 229.779 Japanese yen JPY 14.585 14.578 Special Drawing Rights SDR 1887.889 1886.945 Indicative rates - 08.06.2011
  10. Currency Code Sell Buy US dollar USD 1170.000 1168.000 Euro EUR 1707.732 1706.878 British pound GBP 1919.970 1919.010 Canadian dollar CAD 1195.708 1195.110 Swiss franc CHF 1398.685 1397.986 Swedish krona SEK ----- ----- Norwegian krone NOK 218.284 218.174 Danish krone DKK 229.052 228.938 Japanese yen JPY 14.579 14.572 Special Drawing Rights SDR 1884.882 1883.939 Indicative rates - 07.06.2011 The latest daily currency auction was held in the Central Bank of Iraq on the 7-JUN-2011. The results were as follows: Details Notes Number of banks 16 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 122,070,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 122,070,000 Total offers for selling (US$) -----
  11. Currency Code Sell Buy US dollar USD 1170.000 1168.000 Euro EUR 1695.096 1694.248 British pound GBP 1908.036 1907.082 Canadian dollar CAD 1197.544 1196.945 Swiss franc CHF 1390.374 1389.679 Swedish krona SEK 188.254 188.160 Norwegian krone NOK 217.416 217.307 Danish krone DKK ------ ------ Japanese yen JPY 14.505 14.498 Special Drawing Rights SDR 1876.856 1875.917 Indicative rates - 06.06.2011 The latest daily currency auction was held in the Central Bank of Iraq on the 6-JUN-2011. The results were as follows: Details Notes Number of banks 15 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 138,340,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 138,340,000 Total offers for selling (US$) -----
  12. US dollar USD 1170.000 1168.000 Euro EUR 1685.736 1684.893 British pound GBP 1920.789 1919.829 Canadian dollar CAD 1204.447 1203.845 Swiss franc CHF ------ ------ Swedish krona SEK 190.244 190.149 Norwegian krone NOK 218.048 217.939 Danish krone DKK 226.122 226.009 Japanese yen JPY 14.382 14.375 Special Drawing Rights SDR 1871.743 1870.807 Indicative rates - 02.06.2011 Number of banks 19 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 141,691,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 141,691,000 Total offers for selling (US$) -----
  13. Question... does anyone know if there are any dignitaries in the area? What about foreign or local press. If this meeting was as extraordinary as we think it may be, wouldn't Maliki want there to be a lot of media attention? OR would he want it a little quieter in order to make it more dramatic. lol
  14. Along with the press conference today, there was another post on the forums saying there would be a press conference by Maliki on 5/11. Came from official source. http://www.nmc.gov.iq/articlesBrowse.aspx?CatID=1 Check it out. Maybe good stuff. sorry gotta go- in classroom
  15. http://www.nmc.gov.iq/articlesBrowse.aspx?CatID=1
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