May 23, 2007

NEW YORK (MarketWatch) -- The Central Bank of Kuwait's decision over the weekend to untie its currency from the U.S. dollar might signal a growing trend among global central banks, especially those with large foreign-exchange reserves, to more actively manage their currencies.

5/23/2007

U.S and Iraqi officials are planning to again increase the number of Iraqi security forces to help quell violence in the country.

5/23/2007

Washington – Much has been accomplished in the effort to rebuild Iraq, but projects face tremendous challenges, according to Special Inspector General for Iraq Reconstruction Stuart Bowen.

May 23, 2007

KUWAIT CITY - Although oil-rich Kuwait has abandoned pegging its currency to the U.S. dollar, the greenback will still make up a major part of the basket of currencies that will fix the dinar's exchange rate, the Central Bank governor said Tuesday.

5/23/07

Mindful of long-term U.S. interests, military and diplomatic strategists seeking to salvage President Bush's latest Iraq war plan are beginning to think of alternatives while buying time for Iraqis to resolve their differences.

5/22/2007

BAGHDAD, May 22 (Reuters) - An Iraqi parliamentary committee has failed to finalise an agreement on amending key articles in the constitution, one of the political benchmarks Washington says are important to end sectarian violence.

5/22/2007

Iraq's military is drawing up plans to cope with any quick U.S. military pullout, the defense minister said Monday, as a senior American official warned that the Bush administration may reconsider its support if Iraqi leaders don't make major reforms by fall.

5/22/2007

5/22/2007

The chairman of the House Foreign Affairs Committee on Tuesday raked reconstruction efforts in Iraq as "mired in the mud of incompetence."

5/22/2007

From hiding, possibly in Iran, U.S. nemesis and radical anti-American Shiite cleric Muqtada al-Sadr is believed to be honing plans to sweep into the power vacuum made all the more intense by news that his chief Shiite rival has lung cancer. And he's betting the U.S. won't keep its troops in Iraq much longer.

May 21, 2007

DIYALA PROVINCE, Iraq -- Saturday I witnessed a violent and dramatic illustration of how the Iraqi Army has, in places, begun to work effectively with tribesmen against determined al Qaeda insurgents.

5/21/2007

After an initially tepid reception from policymakers, the recommendations of the Iraq Study Group are getting a second look from the White House and Congress, as officials continue to scour for bipartisan solutions to salvage the American engagement in Iraq.

May 21, 2007

June 21, 2007

Illinois Attorney General Lisa Madigan has sued several related companies that allegedly advertised Iraqi currency (Dinars) on the Internet but failed to fulfill orders from customers.

5/21/07

05/18/07

Demand for the dollar was higher in the Iraqi Central Bank’s daily auction on Thursday, reaching $61.800 million compared with $56.830 million on Wednesday, while the dollar exchange rate was stable.

5/16/07

The Iraqi Central Bank began applying the electronic payment system RTGS, with the accession of a number of Iraqi banks effectively.

5/16/2007

Investors on the Stock Exchange expect that the "Iraqi market for securities» will say good-bye to the manual circulation, which has been adopted since its establishment for nearly 15 years, during the coming period after the arrival of equipments, hardware and electronic systems, which was contracted on with the Swedish specialized company "O.M.X" that had already undertaken similar projects in more than thirty Arab and international bourse.

5/15/2007

The European Union on Monday pledged support for the implementation of an ambitious international plan aimed at helping Iraq's economy, saying the pact was central for developing relations between Iraq and its partner countries.

BAGHDAD — A majority of Iraq’s parliament has signed a proposed bill that would require a timetable for the withdrawal of U.S. soldiers from Iraq and freeze current troop levels.