7.15.2009

Iraqi Dinar Value - Many economists see this as the first step to economic recovery for Iraq

Hmmm....suspect spelling but interesting...

U.S. Forces Withdraw Iraq Could Raise Dinar

Many economists see this as the first step to economic recovery for Iraq
By DB Cooper

Iraq Celebrates WithdrawalIraqi Dinar New; U.S. Forces Withdraw From Cities Iraqis celebrate the U.S. withdrawal from Iraqi cities on June 30. Many economists see this as the first step to economic recovery for Iraq. This story sponsored by; http://www.directdinar.com/ As the U.S. forces withdrew from Iraqi cities this June 30, they are turning security responsibilities over to Iraqi security forces. Some 130,000 U.S. troops will remain in Iraq, and some will remain at urban outposts to assist with security in cities if needed, but the coming weeks and months will be a test for Iraqi security forces seeking to maintain relative calm in the country.

With more than six years of war behind it, and foreign occupation and civil strife in Iraq's attempt to rebuild itself as a nation. Iraqi security forces on June 30 celebrated the handing over of responsibility for security in the country's cities from U.S. forces. Front pages featured Iraqi security forces celebrating the June 30 deadline for the withdrawal of U.S. forces from Iraq's cities, but the U.S. military had been preparing for this moment for months by withdrawing or making preparations for withdrawal.

Still, some 130,000 U.S. troops remain on the ground in Iraq, and that troop level is not expected to change until at least September. This is roughly the same number of troops that was in Iraq three years ago, before the surge. Some are remaining at urban outposts beyond the deadline, while others are available to reinforce the cities if the security situation warrants - all at Baghdad's request, of course. Overall, the United States wants out of Iraq - and Iraqis want the United States out. Both Baghdad and Washington are invested in making this work. The United States must move quickly to reduce its commitment in Iraq in order to free itself up not only for the campaign in Afghanistan, but also for dealing with emerging challenges in Iran and across the Russian periphery.Of course all of this is going to have great consiquences on the Iraq dinar value and many are expecting this to raise the current values.