September 2006Monthly Archives

Here is a list of events that I have compiled.
Iraq Security, Technology & Communications Summit
12-13 September 2006, UAE

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I forgot to mention the latest bank robbery in Iraq. The Ramadi Bank was robbed of 6 million of the government funds. Unknown if it was usd or Iraqi Dinar.
You still think were close to an rv?

They are some that believe when you change a countries currency that this causes the loss of confidence in their currency. I believe just the opposite and soon as expected you will see Iraq doing the same thing. Saudi Arabia has no problem with changing their currency with just a little over three years before joining the premier GCC and starting a single currency monopoly.

JEDDAH, 5 September 2006 — Saudi Arabia will issue new currency notes and coins by the middle of next year incorporating additional security features as the Council of Ministers yesterday gave the green signal to the project.
Saudi Arabian Monetary Agency Governor Hamad Al-Sayari said the Saudi central bank would circulate the new issues by the second quarter of next Hijrah year.
“The circulation of bills and coins currently in the market will continue without any change in their values,” Sayari told Saudi Press Agency, adding that the new security features would strengthen public confidence in the currency.

The head of the Sunni Religious group and the head of the Shiite will be meeting soon, and hopefully come to an agreement and stop the violence between the two groups. Maybe both will come to terms during their Ramadan. We shall wait and see. Ramadan starts 24 September.

Highly Educated Kurds have come to together and formed a new group “The Kurdistan National Message Party”. and not sure what the group is all about. I like to see the unity and the Iraqi’s coming together instead of killing each other. I hope more groups form and get the peace process going for the better.

When the parliament reconvenes next week here are a few Bills on the table.
Foreign Investment Bill
Private Import and Selling of Oil Derivates Bill
Social Protection Network Bill
IECI Bill
Extension of the Emergency Law
The International Mine Ban Treaty
The Chemical Weapons Convention

Next week PM al-Maliki will be visiting Iran on official visit after the Deputy Prime Minister of Iraq also visits the Iranian government. I think Iran will be a big winner for future contracts in the oil industry of Iraq. The Iraqi oil Ministry al-Shahrastani gets to keep his job after sealing the deal with Iranian government and I am sure the Iranian influence within the Iraqi government is firm and not willing to let the Iraqi government govern the Iraqi people without influence from them.
After PM al-Maliki returns from visiting the Persians look for new contract deals in the near future.