Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

gr8cooker142

Members
  • Posts

    527
  • Joined

  • Last visited

Everything posted by gr8cooker142

  1. Remember this is only a speculation, I hope it does happen but, there has been many other dates and times that the RV was to happen. Be hopeful but, don't quit your jobs.
  2. I would like to have what you are smoking!!!
  3. Jun 2, 2010 By OGJ editors HOUSTON, June 2 – The Iraqi Ministry of Oil has advanced longstanding plans to build a world-scale refinery at Nassiriya in southern Iraq. It has let a contract to Foster Wheeler AG for a feasibility study and front-end engineering design of a refinery with capacity of 300,000 b/d. Plans for a refinery of that scale have been part of the ministry’s rehabilitation of a refining industry ravaged since the 1980s by wars and limited investment. At the Middle East Petroleum and Gas Conference in Bahrain in 2004, Iraqi officials discussed long-term plans for a 250,000-300,000-b/d grassroots refinery oriented to gasoline production (OGJ, May 17, 2004, p. 31).
  4. BAGHDAD (AP) — A Sunni-backed secular alliance that challenged Iraq's top Shiite leadership in parliamentary elections won a Supreme Court ruling Tuesday sealing its narrow edge over its closest rival, but still faced daunting odds of forming a government. The court order, which cannot be appealed, begins a 15-day countdown for seating the legislature nearly three months after its members were elected in the March 7 vote. It still could take weeks, if not months, for parliament to select a prime minister and government ministers, raising fears that extremist groups may incite major violence by exploiting security gaps in the wake of Iraqi political deadlock and U.S. troop withdrawal. Following a barrage of ballot recounts, charges of fraud and other legal challenges, a Supreme Court review concluded that initial election results awarding 91 seats to the secular Iraqiya alliance were "reliable," Chief Judge Midhat al-Mahmoud told a news conference Tuesday. » Don't miss a thing. Get breaking news alerts delivered to your inbox. Iraqiya is led by Ayad Allawi, a former prime minister and secular Shiite, and is heavily backed by Iraq's once-dominant Sunni Arab minority. It won two more seats than the State of Law coalition led by Prime Minister Nouri al-Maliki. None of Iraq's major political coalitions captured an outright majority in the 325-seat legislature, leaving the country without a clear election winner. That has set off scrambling by al-Maliki and Iraq's other politicians to join forces with competing alliances and secure enough seats to control parliament and, in turn, the government. Negotiations likely will stall the government for at least another six weeks, and possibly for months more, said Anthony Cordesman, an Iraq war expert at the Center for Strategic and International Studies in Washington. "This is not going to be quick," Cordesman said after the court ruling was announced. "Given the politics involved, an awful lot of the positions are likely to change. ... It's easy to talk about a national unity government. The real question is whether you can actually build one." Last month, State of Law agreed to form a so-called "super-Shiite" coalition with the religious Iraqi National Alliance dominated by supporters of powerful cleric Muqtada al-Sadr, who lives in neighboring Iran. It is widely believed that Iran, a Shiite country, played a role in pushing through the deal in an attempt to block Iraqiya and its Sunni supporters from governing Iraq. Shiite coalitions have ruled Iraq since the end of Saddam Hussein's regime but were pressured by the U.S. into accommodating the Sunnis. Sunni anger over being largely excluded from government fueled sectarian violence that brought Iraq to the brink of civil war several years ago. The U.S. will no longer have such leverage as its military role fades. Secretary of State Hillarious Rodham Clinton said the election wrangling proves that Iraqis want to use the political process to solve differences. It was a pointed reference to fears that the impasse would lead to violence. With the vote results now certified, "we call on Iraq's political leaders to move forward without delay to form an inclusive and representative government that will work on behalf of the Iraqi people," Clinton said in a statement. Iraqi President Jalal Talabani now has 15 days to call parliament to its first session for lawmakers to elect a speaker and a new president. The new president will task the legislature's largest political bloc with forming the new government. But the definition of what makes up the largest bloc is hotly debated, and likely will be the next battle between Iraqiya and al-Maliki. Iraqiya leaders have claimed they should have the first crack at forming the government because they won the most seats on election day. But a March court opinion opened the door to the possibility that the largest bloc could be one created after the election through negotiations — meaning that if the super-Shiite coalition and its 159 seats holds together, it could have the right to form the government. The chief judge reinforced that possibility Tuesday. However, the Shiite coalition of State of Law and INA would still need more allies to make up the four seats it would need to form a majority. After Tuesday's court ruling, a leading Iraqiya lawmaker demanded that backroom political wrangling not usurp the vote results that handed the slim victory to Allawi's alliance. "We can't predict what will happen tomorrow, but I think that we will stay the biggest bloc because this is the will of the Iraqi people who voted for us," said Hussein al-Shaalan, a Shiite. He said Iraqiya would ramp up its own negotiations with other political alliances, and would respect newly formed coalitions that are deemed legal. Al-Maliki was in Iraq's north Tuesday, speaking to Kurdish lawmakers whose support he will need for an undisputed claim to power. It was his first trip to the Kurdish region since the election, and was widely viewed as wooing potential partners, although al-Maliki did not mention the court's ruling in a speech to the lawmakers. Iraqi Oil Minister and senior State of Law member Hussain al-Shahristani said the alliance would respect the ruling even if it remains convinced it was robbed of seats.
  5. BAGHDAD, June 1 (UPI) -- Iraq's Supreme Court Tuesday approved the results of landmark elections and cleared the way to seat the country's new 325-member Parliament, officials said. The Parliament was expected to be seated within days, though formation of a new government could be months away because no coalition won a majority in the March vote, The New York Times reported. The secular Iraqiya alliance, headed by former Prime Minister Ayad Allawi, won 91 seats while the State of the Law alliance, a Shiite bloc headed by outgoing Prime Minister Nouri al-Maliki, won 89 seats. The factions were expected to begin negotiating in earnest to form a coalition government now that the court had approved the results, the Times reported. The U.S. Embassy in Baghdad urged Iraq's politicians to move quickly. "Now is the time for all political leaders to put the interests of the Iraqi people foremost in their negotiations over the makeup of the new government," the embassy said in a statement.
  6. AFP) – 52 minutes ago WASHINGTON — US Secretary of State Hillarious Clinton on Tuesday hailed the Iraqi supreme court's ratification of election results, and urged political leaders to move "without delay" to form a new government. "I welcome today's action by the Iraqi Federal Supreme Court certifying the results of the national election," the chief US diplomat said in a statement. She praised the strong nationwide voter turnout for the March 7 general election, adding the country's electoral commission and security forces managed to stage what she called "a credible and competitive election." The whole electoral "experience demonstrates that Iraqis want to use the political process to choose their leaders and settle differences," she added. "With the election results officially certified, we call on Iraq's political leaders to move forward without delay to form an inclusive and representative government that will work on behalf of the Iraqi people," she said. She pledged continued US support for Iraq's fledgling democracy. The supreme court ruling confirms initial election results released in late March that put former premier Iyad Allawi's Iraqiya bloc in the lead, followed closely by Prime Minister Nuri al-Maliki's State of Law alliance. However, the court reiterated a previous court decision that deals a blow to Allawi's claim to have the right to be awarded the first opportunity to form a government.
  7. Iraqi dinar From Wikipedia, the free encyclopedia Jump to:navigation, search Question book-new.svg This article needs additional citations for verification. Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (December 2007) Iraqi dinar دينار عراقي (Arabic) 25,000 dinars banknotes 1972 25 fils coin 25,000 dinars banknotes 1972 25 fils coin ISO 4217 Code IQD User(s) Iraq Iraq Inflation 6.1% Source Central Bank of Iraq, December 2009. Subunit 1/1,000 fils Symbol ع.د Coins 25, 50, 100 dinar [1] Banknotes 50, 100, 250, 500, 1,000, 5,000, 10,000, 25,000 dinar Central bank Central Bank of Iraq Website www.cbi.iq The dinar (pronounced: di-'när) (Arabic: دينار, Kurdish: دینار) (sign: ع.د; code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete. Contents [hide] * 1 History * 2 Speculation * 3 Redenomination * 4 Coins * 5 Banknotes * 6 1990-2002 Series * 7 Current banknotes * 8 See also * 9 References * 10 External links [edit] History The dinar was introduced into circulation in 1932, replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 13⅓ rupees. The dinar was pegged at par with the British pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US$3.3778, before a 5 percent devaluation reduced the value of the dinar to US$3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher (3 dinars for US$1) than the official rate.[2] After the Gulf War in 1991, and due to the economic blockade, the previously used Swiss printing technology was no longer available. A new, inferior quality notes issue was produced. The previous issue became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US$1 was valued at 3,000 dinars. Following the deposition of Saddam Hussein in the 2003 invasion of Iraq, the Iraqi Governing Council and the Office for Reconstruction and Humanitarian Assistance began printing more Saddam dinar notes as a stopgap measure to maintain the money supply until new currency could be introduced. Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques, to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives."[3] Old banknotes were exchanged for new at a one-to-one rate, except for the Swiss dinars, which were exchanged at a rate of 150 new dinars for one Swiss dinar. These new banknotes led to a new industry of selling the new Iraqi dinar to oversea investors who hoped to profit from Iraq's new currency when the economy improved. The provisional government of Iraq has made this legal, but the banknotes are exchanged at different rates by companies wanting to make profit. Due to the success of this program, though, Iraqi dinar has been widely counterfited. Although the value of the dinar appreciated following the introduction of the new banknotes from 4,000 dinars per U.S. dollar, at the time of their introduction, to a high of 980 dinars per dollar, it is now held at a "program" exchange rate, as specified by the International Monetary Fund,[citation needed] of 1170 dinars per US dollar at the Central Bank of Iraq. However, there is not yet a set international exchange rate and so international banks do not yet exchange Iraqi dinar. The exchange rate available on the streets of Iraq is around 1200 dinars per US dollar. For a wider history surrounding currency in the region, see The History of British Currency in the Middle East. [edit] Speculation On May 3, 2007, the IMF released a statement in relation to the international compact with Iraq, which has turned the tide in regards to speculation on the Iraq dinar. The contents of the article discuss changes made in Iraq on the economic front of how the Iraq government had eliminated fuel subsidies. The article also stated that the Central Bank of Iraq had raised interest rates in an attempt to allow a gradual appreciation of the dinar in an attempt to fight dollarization of the Iraq economy. Although there are claims of widespread optimism of some language used later in the press release among some dinar speculators, there have been no publicly released statements or analysis by any news sources or governments.[4] [edit] Redenomination According to a Reuters report on 11 Feb 2010, Iraq expects to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to facilitate currency transactions. Emerging from years of war and sanctions, Iraq is trying to revamp its economy and boost oil production with a raft of crude deals that may vault it to one of the world's top oil producers. 'The goal is to improve the payment and receiving system in the country and consequently to reform cash management,' said Mudher Kasim, a senior advisor at the central bank. Kasim said that the central bank expected to start rolling out new notes by the end of the year or the beginning of 2011. Iraq has 25 trillion dinars in circulation, officials say. An Iraqi cabinet committee ordered the change in 2007, but the central bank did not think it is appropriate until recently. [edit] Coins Coins were introduced in 1931 and 1932 in denominations of 1, 2, 4, 10, 20, 50 and 200 fils, with the 200 fils known as a rial. The 20, 50 and 200 fils were minted in silver. In 1953, silver 100 fils coins were introduced. Following the establishment of the Iraqi Republic, a new series of coins was introduced in denominations of 1, 5, 10, 25, 50 and 100 fils, with the 25, 50 and 100 fils in silver until 1969. In 1970, 250 fils pieces were introduced, followed by 500 fils and 1 dinar coins in 1982. Coin production ceased after 1990. In 2004, new 25, 50, and 100 dinars coins were introduced. However, these coins proved to be unpopular & were withdrawn from circulation. Value Diameter Weight Composition Obverse Reverse 25 dinars 17.5 mm 2 g Copper plated steel Inscriptions: "Central Bank of Iraq" and "25 dinars" Outline map of Iraq 50 dinars [citation needed] Brass plated steel Inscriptions: "Central Bank of Iraq" and "50 dinars" Outline map of Iraq 100 dinars 22 mm 4.3 g Nickel plated steel Inscriptions: "Central Bank of Iraq" and "100 dinars" Outline map of Iraq [edit] Banknotes Old banknote note featuring Saddam Hussein In 1931, banknotes were issued by the government in denominations of ¼, ½, 1, 5, 10 and 100 dinar. The notes were printed in the United Kingdom. From 1931 to 1947, the banknotes were issued by the Iraqi currency board for the government of Iraq and banknotes were convertible into pound sterling. From 1947, the banknotes were issued by the National Bank of Iraq, then after 1954 by the Central Bank of Iraq. 100 dinars notes ceased production in the 1940s but otherwise, the same denominations were issued until 1978, when 25 dinars notes were introduced. In 1991, 50 and 100 dinars were introduced, followed by 250 dinars notes in 1995 and 10,000 dinars notes in 2002. Banknotes issued between 1990 and October 2003, along with a 25-dinars note issued in 1986, bear an idealized engraving of former Iraqi President Saddam Hussein. Following the 1991 Gulf War, Iraq's currency was printed both locally and in China, using poor grade wood pulp paper (rather than cotton or linen) and inferior quality lithography (some notes were reputedly printed on presses designed for printing newspapers). Counterfeited banknotes often appeared to be of better quality than real notes. Despite the collapse in the value of the Iraqi dinar, the highest denomination printed until 2002 was 250 dinars. In 2002, the Central Bank of Iraq issued a 10,000-dinars banknote to be used for "larger, and inter-bank transactions". This note was rarely accepted in practice due to fears of looting and counterfeiting. This forced people to carry around stacks of 250-dinars notes for everyday use. The other, smaller bills were so worthless that they largely fell into disuse. This situation meant that Iraq, for the most part, had only one denomination of banknote in wide circulation. Currency printed before the Gulf War was often called the Swiss dinar. It got its name from the Swiss printing technology that produced banknotes of a considerably higher quality than those later produced under the economic sanctions that were imposed after the first Gulf War. After a change-over period, this currency was disendorsed by the Iraqi government. However, this old currency still circulated in the Kurdish regions of Iraq until it was replaced with the new dinar after the second Gulf War. During this time the Swiss dinar retained its value, whilst the new currency consistently lost value at sometimes 30 percent per annum. In 2003, new banknotes were issued consisting of six denominations: 50, 250, 1,000, 5,000, 10,000, and 25,000 dinar. The notes were similar in design to notes issued by the Central Bank of Iraq in the 1970s and 1980s. A 500 dinars note was issued a year later, in October 2004. In the Kurdish regions of Iraq, the 50 dinar note is not in circulation. According to a report on that was shown on 6 February 2010 on Al Iraqiya TV channel, the Central Bank of Iraq considered a plan to redenominate the Iraqi dinar in order to increase the strength level of the Iraqi currency, which will allow people to carry less paper money. Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that the plan is to remove the zeros from the currency and phase out the current banknotes late this year. This will be while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued. Both will be legal tender in Iraq until the old notes are completely withdrawn.” [edit] 1990-2002 Series 1990-2002 Series Image Value Main Color Description Obverse Reverse Obverse Reverse Quarter dinar front.jpg Quater dinar back.jpg 1/4 Dinar (1993) Green Palm trees Building Half Dinar front.jpg Half Dinar back.jpg 1/2 Dinar (1993) Violet Astrolabe Great Mosque of Samarra IraqP79-1Dinar-1992 f.jpg IraqP79-1Dinar-1992 b.jpg 1 Dinar (1992) Pink & Green A gold dinar coin Mustanseriah School Iraq 5 dinars Awers.JPG Iraq 5 dinars Rewers.JPG 5 Dinar (1992) Red Saddam Hussein Unkwon Soldier's tomb Iraq-10Dinars-1994-f.jpg Iraq-10Dinars-1994-b.jpg 10 Dinar (1992) blueish-green Saddam Hussein Winged beast 25 Dinar Horses front.jpg 25 Dinar Horses back.jpg 25 Dinar (1990) Green Horses Abbasid Palace Swiss Dinar front.jpg Swiss Dinar reverse.jpg 25 Dinar (1986) Brownish-Green Saddam Hussein & Horses Al-Shaheed Monument 25 Iraqi Dinars front.jpg 25 Iraqi dinars back .jpg 25 Dinar (2001) Green Saddam Hussein Ishtar gate Iraq 50 dinars Awers.JPG Iraq 50 dinars Rewers.JPG 50 Dinar (1991) Pink and Green Saddam Hussein Great Mosque of Samarra Iraq-50Dinars-1994-b.jpg Iraq-50Dinars-1994-a.jpg 50 Dinar (1994) Brown and Blue Saddam Hussein Saddam Bridge 100Dinars-AH1411-1991-donatedpm f.jpg 100Dinars-AH1411-1991-donatedpm b.jpg 100 Dinar (1991) Green & Purple Saddam Hussein Hands of Victory 100Dinars-AH1414-1994 f.jpg 100Dinars-AH1414-1994 b.jpg 100 Dinar (1994) Blue Saddam Hussein Baghdad Clock IraqPNew-100Dinars-2002-donatedmr f.jpg IraqPNew-100Dinars-2002-donatedmr b.jpg 100 Dinar (2002) Blue Saddam Hussein Old Houses IraqP85-250Dinars-AH1415-1995 b.jpg IraqP85-250Dinars-AH1415-1995 a.jpg 250 Dinar (1995) Violet Saddam Hussein Liberty Monument friese IraqPNew-250Dinars-2002-f.jpg IraqPNew-250Dinars-2002-b.jpg 250 Dinar (2002) Violet Saddam Hussein Dome of the Rock Old 10000 dinar front.jpg Old 10000 dinar back.jpg 10,000 Dinar (2002) Pink / Violet Saddam Hussein, Tomb of the Unknown Soldier [[Mustansiriya School, Arabic astrolabe [edit] Current banknotes 2003 Series Image Value Main Color Description Obverse Reverse Obverse Reverse 50 dinars 50 dinars 50 dinars Purple Grain silos at Basra Date palms 250 Iraqi dinar front.jpg 250 Iraqi dinar back.jpg 250 dinars Blue An astrolabe Spiral minaret of the Great Mosque of Samarra 500 Iraqi Dinar front.jpg 500 Iraqi Dinar back.jpg 500 dinars Bluish-Green Dûkan Dam on the Al Zab river Assyrian carving of a winged bull 1000 Iraqi Dinar front.jpg Iraq dinar front.jpg 1,000 dinars Brown A gold dinar coin Mustansiriya School , Baghdad 5000 Iraqi dinar front.jpg 5000 Iraqi dinar back.jpg 5,000 dinars Dark blue Gelî Ali Beg and its waterfall Desert fortress at Al-Ukhether 10000 dinars 10000 Iraqi Dinar back.jpg 10,000 dinars Green Abu Ali Hasan Ibn al-Haitham Hadba Minaret at the Great Nurid Mosque, Mosul 25000 Iraqi dinar front.jpg Iraq Dinar 25000 front.jpg 25,000 dinars Red A Kurdish farmer holding a sheaf of wheat Carving of the Code of King Hammurabi
  8. check out this site it will show you all the Saddam era Dinars and the new Dinars that are out. Check it out for your self. Don't be fooled http://en.wikipedia.org/wiki/Iraqi_dinar
  9. They need even smaller denominations then the 25 dinar notes. They need 1,5 10 dinar notes along with change/coin dinars. So that when someone buys something like a stick of gum they can give change. Not everything is costing even dinar amounts.
  10. Unless I am reading it wrong they stole 6.5 BILLION Dinar or 5.5 Million USD That's a whole lot money for them to steal and worth a hand to them.
  11. Thanks to everybody that left all the good comments and I hope that sonny1 reads them and knows that his participation on this site was well received and I hope that he will return and if not he will be missed.
  12. I am so happy that other members are coming forward to express their opinion about how Sonny1 is a positive force on this site and maybe if we keep this up he may reconsider and stay with us up to till the time we RV and even longer. THANKS!!!!
  13. I know sometimes my posts are not the nicest but, there are some members here that give good insight and just a pleasure to read their posts. IMO Sunny1 is a great asset to this site and will create a void that will be missed. I know that the last few months it's been really nasty , more so then it has ever been.It is time to do a turn around and with Sonny1 gone I feel it will get worse. Maybe if we all get together and support Sonny1 and let him know he is a big part of this site . If not I am sure Sonny1 will be truly missed but , this is worth a try. What do you think? Lets support one of the good guys!!! Thanks for your time.
  14. Allawi was not assassinated it was Bashar Agaidi who was killed. Read the article.
  15. Here is the update for today the 19th of May. Who knows?? http://www.lasvegassun.com/news/2010/may/19/iraq-official-no-vote-change-with-baghdad-recount/
  16. come on, REALLY ?? What a lucky person rolls83 to have so many sources. give us a break!!!! Don't buy into this one!!
  17. After reading this article it seems like it is far from being over. Who knows how long this will be dragged out. Check it out. http://www.aolnews.com/world/article/recount-confirms-allawi-win-in-iraq-election/19479816
  18. Your reply is just as bad as his just on the other side of the spectrum, you also need to chill out and take it down a notch. Glad you have 10 million plus in dinar big deal.
  19. I saw this hope it helps. http://www.guardian.co.uk/world/2010/may/16/iraq-election-recount
  20. who's viper55 ? All of a sudden there are new people that I have never seen posted here before are showing up
  21. gr8cooker142

    When?

    what does this have to do with dinar rumors?
  22. IMO no way will it RV close to 3.06 out of the gate. Lets be real!!!
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.