Iraqi Dinar News

U.S.: Senior al Qaeda in Iraq leader held

7/18/2007 Story Highlights The U.S. military announces the arrest of a senior leader of al Qaeda in Iraq Khalid al-Mashadani was seized in the northern city of Mosul on July 4 He is said to have shed light on al Qaeda in Iraq's connection with al Qaeda Al-Mashadani is also said to have shed light on the Islamic State of Iraq.
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Iraq's Sadr bloc returns to parliament

7/18/2007 The political bloc of fiery Shi'ite cleric Moqtada al-Sadr said on Tuesday it had resumed participation in Iraq's parliament, suspended last month in protest over an attack on a revered Shi'ite mosque.
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Senior Qaeda figure in Iraq a myth

7/18/2007 By Dean Yates Reuters Wednesday, July 18, 2007; 10:35 AM BAGHDAD (Reuters) - A senior operative for al Qaeda in Iraq who was caught this month has told his U.S. military interrogators a prominent al Qaeda-led group is just a front and its leader fictitious, a military spokesman said on Wednesday.
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Turkey Bombards Northern Iraq, Iraq Says

7/18/2007 By QASSIM ABDUL-ZAHRA The Associated Press Wednesday, July 18, 2007; 3:39 PM BAGHDAD -- The Iraqi government said Turkish artillery and warplanes bombarded areas of northern Iraq on Wednesday and called on Turkey to stop military operations and resolve the conflict diplomatically.
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Int''l Iraq Compact to meet Friday to receive report from Iraq Central Bank

7/18/07 A meeting of the International Compact with Iraq will be held Friday with the participation of Sinan Al-Shabibi, the Governor of Iraq's Central Bank, who will present the mid-year Progress Report on the implementation of the Compact, deputy spokesperson Marie Okabe told the daily press briefing Tuesday.
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Joint Chiefs mull new Iraq options

7/17/2007 The top commanders are evaluating the war and plan to be ready for any decision Bush might make. By Robert Burns The Associated Press
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US, Iran to hold second round of direct talks on Iraq

7/17/2007 by P. Parameswaran Arch-foes Iran and the United States are poised for a second round of direct talks about Iraq, with Washington accusing Tehran of fomenting sectarian violence there. Both Iranian Foreign Minister Manouchehr Mottaki and the US State Department said they were ready to grapple over the war-wracked nation, since they last held face-to-face talks at the end of May.
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New financial tool for Iraq fight

7/17/2007

By JEANNINE AVERSA, AP Economics Writer
The Bush administration announced a new tool Tuesday aimed at putting a financial squeeze on people who run networks that recruit and send would-be terrorists into Iraq.
President Bush unveiled an executive order that allows the administration to block bank accounts and any other financial assets that might be found in this country belonging to people, companies or groups that the United States deems are working to threaten stability in Iraq.

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Pace sees 'sea change' in parts of Iraq

7/17/2007

By ROBERT BURNS, AP Military Writer 29 minutes ago

Upbeat on what could be his final visit to Iraq before retiring, the top U.S. general said Tuesday that parts of Iraq are undergoing a "sea change" in improved security.
Gen. Peter Pace, chairman of the Joint Chiefs of Staff, took some people in war-battered Ramadi by surprise during a sandstorm that kept his helicopter grounded and gave him extra hours to tour.

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Prime Minister Barzani calls on Iraq federal government

7/17/07 Mr Nechirvan Barzani, Prime Minister of the Kurdistan Region, today called upon the federal government to move quickly and take the agreed draft Revenue Sharing Law and agreed draft Oil and Gas Law to the Council of Representatives (Iraq’s federal parliament).
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Service joints chiefs to assess progress of Iraq war

7/16/2007 By ROBERT BURNS The Associated Press BAGHDAD \| The U.S. military is weighing new directions for Iraq, including an even bigger troop surge, the chairman of the Joint Chiefs of Staff said Monday.
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Hamilton worries about prospects in Iraq

7/16/2007 By CALVIN WOODWARD, Associated Press Writer Former Rep. Lee Hamilton, co-chairman of the Iraq Study Group, said Monday he's "extremely doubtful" that Prime Minister Nouri al-Maliki will be able to secure the country and allow American forces to leave any time soon. President Bush, however, reaffirmed his strong support for al-Maliki.
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The Debate On Iraqi

7/15/2007 WASHINGTON D.C., July 15, 2007 (CBS) The Battle for Iraq, and the war of words over that battle here at home, pushed most other stories out of the news this past week.
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PM Maliki defends Iraq progress

7/14/2007 Iraq's PM Nouri Maliki has shrugged off criticism of his government's political progress, saying delays in the face of such violence were "fairly natural".
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Rice calls grim Iraq report 'work in progress'

7/13/2007 US Secretary of State Condoleezza Rice on Friday shrugged off a downbeat report on progress in the Iraq war, insisting "it's a work in progress."
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Iraq report shows only limited progress

7/13/2007 Iraq has achieved only limited military and political progress toward a democratic society, the Bush administration said Thursday in a report that became prelude to a House vote on ordering a U.S. troop withdrawal by spring.
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The 'Benchmark' Excuse

7/13/2007 Ryan Crocker, the U.S. Ambassador in Iraq, is a 36-year career diplomat who has served under seven administrations in Iran, Syria, Kuwait, Afghanistan, Lebanon and Pakistan. He's no partisan gunslinger.
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Thieves steal nearly $300 million from Baghdad bank

7/12/2007 Thieves have stolen nearly $300 million from a bank in Baghdad, police and a bank official said Thursday, in what is probably one of the biggest thefts in Iraq since the 2003 war to topple Saddam Hussein.
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Iraq security is complex and challenging

7/12/2007 By Caren Bohan and Tabassum Zakaria1 The security situation in Iraq is challenging and attacks could increase in coming months, a U.S. progress report said on Thursday as President George W. Bush faces rising pressure to shift course in the unpopular war.
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Bush says some 'satisfactory' progress in Iraq

7/12/2007 President George W. Bush's administration will declare in a key report that "satisfactory" progress is being made in Iraq on less than half of the political and military goals set out by Congress, US newspapers said Thursday.
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'Challenging' security picture persists in Iraq

7/12/2007 From staff and wire reports WASHINGTON — Iraq's government has yet to fully meet any of 18 U.S.-specified benchmarks for progress, but is making "satisfactory progress" on at least eight, according to an interim White House report released Thursday.
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Global Investment House says Iraqi banks’ assets grew 25%

7/12/07 The Iraq banking infrastructure is not yet fully utilised, said the Kuwait-based Global Investment House (GIH) in its report, cited by Qatari newspaper Al-Sharq, on economic strategies and future vision in Iraq.
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The dollar-IQD devaluation following IMF program

6/12/07 An Iraqi economic expert attributed the continuing high conversion rate of the Iraqi dinar and the relative decrease in the value of the dollar to the adoption of strict monetary and fiscal policies by the government.
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US to reoperate 200 abandoned facilities in Iraq

7/11/2007 MENAFN) The American Defense Department has initiated a campaign to reoperate about 200 factories and facilities in Iraq, which were owned by the former regime and abandoned after the 2003 US-led invasion of Iraq, the Associated Press reported.
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Iraq says 200 explosive belts seized on Syrian border

7/11/2007

Iraq says 200 explosive belts seized on Syrian border, US says Syria still major entry point

The Associated Press
Tuesday, July 10, 2007
BAGHDAD: Iraqi security forces seized 200 explosive belts Wednesday along the Syrian border, a police spokesman said, reinforcing Baghdad's claims that its western neighbor isn't doing enough to stop the flow of fighters and weapons to al-Qaida in Iraq.

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Iraq Economic & Strategic Outlook Banking Sector

7/11/07
Iraq Economic & Strategic Outlook – Banking Sector – Although the banking sector in Iraq is key to economic growth and the rapid development of the country, the banking infrastructure is not fully functional yet. Iraq does not have a developed banking sector and regulation is relatively rudimentary. This is due to the fact that bank branches are currently executing only limited transactions.

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Settlement Bank

7/11/07 An agreement between Iraq stock exchange and the Middle East for Investment Bank has been made, this agreement select the Middle East for Investment Bank to be the settlement bank for shares trading operations.
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Bush Plans To Stress Next Phase In Iraq War

7/10/2007
GOP Dissent Spurs Change In Message but Not Course
By Peter Baker and Karen DeYoung Washington Post Staff Writers Tuesday, July 10, 2007; A01

President Bush, facing a growing Republican revolt against his Iraq policy, has rejected calls to change course but will launch a campaign emphasizing his intent to draw down U.S. forces next year and move toward a more limited mission if security conditions improve, senior officials said yesterday.

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Bush Says U.S. Can Still Prevail in Iraq

7/10/2007 Edwin Chen and Roger Runningen 18 minutes ago July 10 (Bloomberg) -- President George W. Bush, confronted by a spreading Republican revolt over his Iraq strategy, said the U.S. still can prevail in the conflict and bring about a stable democracy there.
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Official: Iraq gov't missed all targets

7/10/2007 By ANNE FLAHERTY and ANNE GEARAN, Associated Press WritersTue Jul 10, 7:53 AM ET A progress report on Iraq will conclude that the U.S.-backed government in Baghdad has not met any of its targets for political, economic and other reforms, speeding up the Bush administration's reckoning on what to do next, a U.S. official said Monday.
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