Archive for January, 2011

Kurds expect to get intelligence or national security post in Iraq

Posted: January 31, 2011 in Iraqi Dinar/Politics
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A member of the Iraqi parliament of the Kurdistan bloc’s coalition (KBC) said Monday that he will hold an important meeting with the National coalition during the next two days to resolve receiving the position of the national Security ministry or the Iraqi Intelligence Service.

Masum, told  that the meeting will be held in the next two days at the headquarters of Iraqi President, Jalal Talabani, or at the headquarters of the National coalition, as agreed before “pointing out that ” he will present his claims to receive one of those posts during a meeting with the national coalition. “

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Hashemi and Melkert discuss bringing Iraq out of Chapter 7 in full

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Mr. Tariq al-Hashemi, Vice President of the Republic in his office this afternoon, Mr. Ad Melkert, the UN representative in Iraq, and the parties discussed during the meeting, the general situation in the country and the ongoing preparations for the convening of the Security Council session next and the tireless efforts made by the political parties in order to remove Iraq from the consequences of the seventh item in full especially after the latest decision, which gave a positive sign for Iraq in the Arab world.

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Talabani discusses with the Governor of the Central Bank of the Federal Court decision regarding the independent bodies

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Discuss President Jalal Talabani with Central Bank Governor Sinan al-Shabibi the Federal Court decision regarding the linking of independent bodies, including the central bank, the government.

The statement quoted Talabani for the presidency saying during the meeting that: View the Federal Court decision which included the interpretation of the constitutional articles that regulate the work and functions of these bodies.

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Kurdish lawmaker stresses that a large number of deputies will reject tomorrow to link independent government bodies

Posted: January 31, 2011 in Iraqi Dinar/Politics

Deputy from the Kurdistan Alliance, on Monday, the Constitution’s commitment to mass on the status of some independent bodies and the importance of “non-violation via append the government,” expected to support a large number of MPs to remain independent and not attached to the government.

The MP said in an interview with a good supporter “Alsumaria News”, “The Kurdistan Alliance bloc is committed to provisions of the Constitution on the development of independent bodies,” noting that “the cause of some government bodies will lead to a breach of the Constitution because it provided for the independence of those bodies.”

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Vietnam: Aiming for sustainable development target

Posted: January 31, 2011 in Asian Currency Markets
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VietFinanceNews.com – During three years from 2008 to 2010, Vietnam achieved great success in managing its macro-economic policy, helping the economy overcome the negative impacts of the global economic recession and financial crisis, and making a recovery with a faster growth rate than many other economies in the region and the world.

However, the economy is showing weaknesses on a long-term basis, therefore, it’s necessary to put forth solutions which combine the implementation of immediate tasks with medium and long-term goals.

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The petroleum sector following establishment of new unity government

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Energy & Natural Resources – Iraq

January 31 2011

  • Introduction
  • Replacement of oil minister
  • New court for foreign investment
  • Export of Kurdistan petroleum
  • Comment

 

Introduction

On December 20 2010 a new unity government was announced, whereby former Prime Minister Nouri Al Maliki maintained his position and Iyad Allawi, who won the most seats in the March 2010 election, joined in a special power-sharing deal. Unsurprisingly, the upstream petroleum industry was one of the salient issues that contributed to the almost 10-month impasse in the formation of a new government. Despite the long hiatus with no functioning government (during which time Al Maliki did not relinquish his day-to-day duties), once the new government was formed, several systemic changes occurred in quick succession. (more…)

Shabibi explains to the president the implications of the decision to link independent bodies of the cabinet to CBI

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. Discuss President Jalal Talabani on Monday evening in Baghdad with the Central Bank Governor Sinan al-Shabibi, the Federal Court decision regarding the independent bodies and the central bank.

The President of the Republic that he had seen the Federal Court decision which included the interpretation of the constitutional articles that regulate the work and functions of these bodies, and he emphasized the importance of adhering to the Constitution, including articles on the Central Bank’s functions and which gives him independence in its decisions.

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Member of Finance Committee: al-Issawi and promised to reach a satisfactory outcome on the budget

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. said a member of the parliamentary Finance Committee and the National Alliance MP Abdul Hussein al-Yasiri Finance Minister Rafie al-Issawi welcomed the Committee’s observations on the federal budget for 2011, and promised to reach a satisfactory outcome in respect thereof.

Yasiri said in a statement (of the Agency news) said on Monday: that a meeting was held between the Finance Committee of parliamentary and Minister of Finance, addressed the modern economic level, and have made our observations on the federal budget, and that al-Issawi was welcomed, noting that the Finance Committee focused on the issues involved, including housing, agriculture and construction and the Minister of Finance Aoadna to reach satisfactory results for all political parties and the opposition on the budget.

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Nujaifi warns of explosion of the Iraqi street, unless the government promises to services

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Mr. Osama Al-Najafi warned the Speaker of the explosion the Iraqi street, in the event of continued deterioration of services in the country, and failure to provide the minimum of the promises announced by officials in their campaigns.

Najafi said that officials should address the serious and immediate crises that continue to kill Iraqi people.

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Maliki calls for the Federal Court not to undo the decisions linked to independent bodies under the chairmanship of Minister

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Prime Minister Nuri al-Maliki, the Federal Supreme Court to uphold the decisions issued by the decision to link independent bodies under the chairmanship of Minister.

Maliki said that the constitutional court’s decision is binding and subject to appeal, pointing out that the constitution provides for the separation of powers.

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Maliki told the heads of independent bodies: your organization will remain protected and Aojd reason for concern for its work

Posted: January 31, 2011 in Iraqi Dinar/Politics
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al-Maliki

Prime Minister Nuri al-Maliki that these independent bodies will work without changing the laws and that its independence will still be protected and respected, because we have a constitution and state institutions and the law.

Maliki said during a meeting at his office on Monday, the official heads of independent bodies that the time had come to discuss the priorities of state-building on the basis of clear and sound based on the Constitution. He had to be we need to invest all the opportunities and achievements in order to build a stable state based on the clarity and the law and the Constitution, and we also have to invest energy, skills and positive relationships at the level of components or with other countries, and strengthen the role of the citizen through its presence in all areas and his voice in the elections and others.

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Rising central bank sales to 113 million dollars

Posted: January 31, 2011 in Iraqi Dinar/Politics
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31 / 1 / 2011 01:05 pm

Close Central Bank of Iraq on Monday, atheist and thirty Of the month of January 2011 second DIFC Week sessions for the sale and purchase of foreign currency and the dollar high level of sales of the dollar To 113 Million 889 000 U.S. $ After Opened DIFC Week level of 66 1.45 million dollars at a stable exchange rate was 1170 dinars per dollar.

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Video: Trump Says Mid-East Revolts Could Destroy OPEC, Sink Oil Prices

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Press Release: Prime Minister Nuri Kamal al-Maliki receives heads of independent bodies

Posted: January 31, 2011 in Iraqi Dinar/Politics
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His Excellency Prime Minister Nuri Kamal al-Maliki at his office today, the official heads of independent bodies.

Sovereignty and said in a speech at the meeting: that the time had come to discuss the priorities of state-building on the basis of clear and sound based on the Constitution.

Mr Prime Minister: It was the previous phase stage security challenges, and we were busy building a modern state, and this is normal because the trend is toward the most important and most dangerous, but after political stability and maturity in the political process and the entry of all partners in the circle of responsibility and partnership in all things, and evolution happens every day, despite some breakthroughs, it has got the right opportunity, because we proceed in the process of construction in the various fields on the degree of achievement of security stability.

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Allawi and Maliki meet today for ministries allocation and strategic council bill

Posted: January 31, 2011 in Iraqi Dinar/Politics
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allawi maliki baghdad

Baghdad, Jan. 31 (AKnews) – The spokesman for Iraqiya Bloc said Sunday Ayad Allawi, the bloc leader, will meet with the Prime Minister Nouri al-Maliki within the next 24 hours to discuss the dangling security ministries’ allocation as well as the authorities of the National Council for Strategic Policies.

Disputes between the political blocs over the security ministries, especially the interior and defense, endure. The Iraqi new cabinet was formed partially Dec. 21. Some nine posts from the overall 42 are suspended.

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Kurds chair legal committee, Iraqia oil and gas

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Baghdad, Jan. 31 (AKnews) – A spokesman for Kurdistan bloc’s coalition (KBC) , Moayad al-Tayeb announced on Monday, that the meeting of his coalition with AL- Iraqiya List led by former Prime Minister ,Ayad Allawi agreed to give the presidency of the Legal Committee to KBC while Oil and Gas Committees to AL-Iraqiya.

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Shahristani: Iraq will be 4 million barrels of oil a day end of the year

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Erbil, January 31 (Rn) – The Iraqi Deputy Prime Minister for Energy, Hussain al-Shahristani said on Monday that Iraq would be able to export 4 million barrels of oil per day by the end of this year.

Iraq currently produces about 2.4 million barrels per day of oil, which accounts for more than 90 percent of the country’s revenues.

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Finance comittee and Finance Minister discuss budget; 15 days allowed to review budget…then budget can be read and voted on

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Finance Committee begin its work after the parliamentary election of a President to discuss budget items

Baghdad, January 31 (Rn) – The member of the Finance Committee in the Iraqi Council of Representatives, on Monday, said the committee began its work officially today after being elected President and Vice-Chairman and Rapporteur held a meeting with Federal Minister of Finance to discuss the country’s budget for the current year presence of the President House of Representatives Osama al.

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Situation in Egypt too early to determine status of Arab Summit

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Maliki’s adviser, preclude the holding of the Arab summit as scheduled

Palm – Attorney ruled out a coalition of law, Yaseen Majeed hold the next Arab summit in Baghdad in the scheduled end of next March due to the instability of security and political conditions in a number of countries in the region.

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Ministry of Finance plans to develop “windows for Islamic banking”

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Detect and Finance Minister Rafie al-Issawi about the intention of the ministry opened a window for Islamic banking in the Rafidain and Rasheed, according to a ministry statement.
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Iraq seeks recover 2011 deficit

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Iraqi currency, MONEY,Para, iraq moneyBaghdad, Jan. 30 (AKnews) – The Central Bank of Iraq (CBI) adviser, announced on Sunday that the Iraqi government can fill the deficit in 2011 budget by borrowing from their deposits in government banks.

The Iraqi government has approved the draft of the federal budget law for the fiscal year 2011, so that the budget amounts to 79.6 billion dollars, by calculating per barrel of oil by $ 73, and the rate of export of 2.25 million barrels per day.

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Linking CBI to govt won’t affect economic policy, says govt advisor

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Central Bank of Iraq

Baghdad, Jan. 31 (AKnews) – A legal adviser to the Iraqi government said on Monday that administratively linking the Iraqi Central Bank (ICB) to the government won’t affect the economic policy of the country and won’t impede the unblocking of Iraqi funds.

Fadel Mohammed told AKnews that the Federal Court ruling that administratively links the bank to the government is based on constitutional Articles 102 and 103 and has already been applied to a number of independent bodies.

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Shammari reveals the three conditions of al-Maliki sent Iraqi candidate to take over the position of the Ministry of Defense

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Palm – An independent MP in the Iraqi List, Kazim-Shammari said Prime Minister Nuri al-Maliki’s peace terms of the nomination list of the Ministry of Defence, did not indicate the position of Captain.

Al-Shammari said in a press statement that Maliki has sent a paper containing three points must be provided in a candidate for the Ministry of Defence.

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Melkert calls for respect of Fed Court decision and parliaments right to discuss implications; Says next stage is to focus on economic recovery

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Alsumaria News / Baghdad

Invited the representative of the Secretary-General of the United Nations in Iraq, Ad Melkert, Monday, to respect the decisions of the Federal Court and the right of Parliament to discuss the implications of their decisions, stressing the need for definition of the independence of institutions and to find a balance between the executive and legislative branches through dialogue, as referred to the importance of the return of Iraqi competencies in abroad to the country.

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National Alliance calls for expanding the powers of provincial councils in the process of disbursement of funds

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Alsumaria News / Baghdad

Student representative for the National Alliance, on Monday, expanding the powers of provincial councils in the process of disbursement of funds allocated to them, as well as the adoption of the specificity of each province in the distribution of the budget rather than adopt a percentage of the population.

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Iraqi List MP calls for Arab Summit to be postponed due to Egypt’s political unrest

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Vice Baerakip expected to postpone the summit Baghdad because of political unrest in more than one Arab country

Vice sign for the Iraqi List, Sunday, to postpone the Arab summit to be held in Baghdad at the end of next March, attributing the cause to the deteriorating political situation in more than one Arab country.

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CBI: Calls for a clarification of court’s decision about the association and its independence

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Adviser warned the Iraqi Central Bank, of jeopardizing the independence of the bank, stressing that he has concerns about the decision to the Federal Court judge last link with a number of independent bodies referred to in the Constitution under the chairmanship of the government directly.

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Iraqi parliament hosts the heads of independent bodies; Will discuss Federal Court decision

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Monday, 31 Janaury
Is expected to host the parliament in its Tuesday a number of heads of independent bodies, to discuss the link under the chairmanship of Prime Minister instead of the House of Representatives.
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Sources: Council policies would be solved before the security bags .. The row over the presidency of the Council of Allawi’s policies

Posted: January 31, 2011 in Iraqi Dinar/Politics
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Palm – Informed sources revealed the possibility of the presence of Kurdish regional President Massoud Barzani meeting, which will bring together Prime Minister Nuri al-Maliki and President of the Iraqi List, Iyad Allawi.

The sources said yesterday that he is almost certain to attend this meeting Barzani in particular and that he completed for the application of the initiative, which was formed in which the Government of national participation, indicating that the visit was postponed more than once before the boot of their existing Kurdish delegation in Baghdad.

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Vietnam: Policy on hold for Tet; inflation in focus later (dong devaluation?)

Posted: January 31, 2011 in Asian Currency Markets
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Vietnam celebrates its lunar new year holiday this week and the focus when markets reopen on Tuesday, Feb. 8, will be the possibility of a dong devaluation and inflation, which holds the key to interest rates.

Vietnam’s annual inflation rate hit a two-year high of 12.17 percent in January, when the consumer price index rose 1.74 percent from December.

The central bank raised its base rate to 9 percent from 8 percent in November, but some economists and the International Monetary Fund have suggested rates should go higher to fight inflation.

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