VietFinanceNews.com – Vietnamese consumers frustrated by years of high inflation and a depreciating currency have devised a new cross-border arbitrage scheme to earn some extra cash ahead of next week’s Lunar New Year holiday.
The latest ruse came to light after Cambodian banks such as ANZ Royal, a joint venture of Australia’s ANZ, noticed a sharp increase in dollar withdrawals, particularly from ATMs near the Vietnamese border.
Said a source close to the office of Prime Minister Nuri al-Maliki has been the appointment of Dr. Hamid al-Moussawi the position of Director of the agency instead of the former star Tarek, who resigned a week ago and a grant-Maliki leave open.
The director of the Office of Dr. Tarek Najm has resigned after being withdrawn many of its powers as stated a source close to the office was the appointment of Dr. Hamid al-Moussawi the position of Director of the agency instead of him.
Mr. Osama Najafi received the President of Parliament demands of the leading independent bodies to intervene and exercise its role in the parliament to maintain their independence.
The most prominent bodies protesting against the Federal Court decision by linking them to the Council of Ministers is the central bank and the Integrity Commission and the High Commission for elections.
Issued by Prime Minister Nuri al-Maliki’s decision to appoint his son, Ahmed al-Maliki the position of Assistant Director, Office of the Prime Minister.
The director of the Office of Dr. Tarek Najm has resigned after being withdrawn many of its powers as stated a source close to the office of the center, was the appointment of Dr. Hamid al-Moussawi the position of Director of the Bureau and the agency.
Trade Ministry said Saturday that the WTO is “convinced” package of legislation passed by the Iraqi Council of representatives to support trade policy in the country.
“Iraqi negotiator, Director General of economic relations in the Ministry of Kurdistan Hashem Hatem News (aknews) announced today that the Iraqi delegation briefed at Geneva Director negotiator Omar al-hilali latest legislation approved by the House like alkmerket tariff law and Consumer Protection Act and law on import goods and the intellectual property rights and the law protecting market.”
The representative of WTO focused primarily on the tariff law alkmerket and ratios set by the Customs Office of entry of goods.
Visited His Excellency President Jalal Talabani, the afternoon Saturday, 01.29.2011, President of the Iraqi National List and the President of the Iraqi National Accord of Iyad Allawi.
His Excellency received a standing ovation by Dr. Allawi, and a number of leaders of the movement of reconciliation, where they discussed the political situation in the country and the latest developments in the region.
It was also stressed the importance of taking the necessary steps to translate the agreements between the parties and political blocs, under which the formation of the government and advance the political process forward.
PNA-stressed member of the Kurdistan Alliance list, Dr. “Mahmoud Othman,” the highest authority that parliament must have a political role and legislative .
Said Dr Mahmoud Othman, said in a statement posted on the special page on Iraq’s parliamentary rule and this means that the highest authority of Parliament must have a legislative.
Deputy for the National Alliance in the Iraqi parliament, the upcoming visit of Iraqi Prime Minister Nuri al-Maliki to the State of Kuwait, is a courtesy visit comes in response to an invitation from his Kuwaiti counterpart Sheikh Nasser Al-Ahmad during his visit to Baghdad this month.
Khaled al-Asadi said that “al-Maliki will meet the call made by his Kuwaiti counterpart during a visit to Baghdad this month,” noting that “al-Maliki will discuss with the Kuwaiti government relations and the second aimed to consolidate the good.”
A source at the Council of Ministers that the Vice President of the Council of Ministers for Energy, Hussain al-Shahristani went this morning to Geneva to participate in the forum commodity second organized by the United Nations Conference on Trade and Development on Monday.
Central Bank of Iraq, Saturday, develop a plan for the Iraqi government was able to take advantage of the surplus in cash deposits held in banks rather than government borrowing from him, stating that the surplus is estimated at 32 trillion Iraqi dinars.
The bank adviser said the appearance of Mohammed in an interview for “Alsumaria News”, “The central bank plan makes it easier for the government to use surplus cash deposits in government banks, instead of borrowing from the central bank.“
Saleh pointed out that “the state has cash deposits in these banks is estimated at 32 trillion Iraqi dinars,” noting that “that deposits in excess and should take advantage of them, and be recycled in the fiscal budget for 2011 to provide financial liquidity to cover the fiscal deficit.”
The exchange rate will not be the main factor that leads to big changes in trades with China. Only the inner strength and strategic policies of Vietnam can make changes.
In mid 2010, China revalued the yuan by 0.44 percent against the dollar. As the Chinese yuan has a close link with Vietnam dong, a question has been raised as to what impacts the appreciation of the yuan will have on Vietnam’s economy.
A member of the Iraqi List for the province of Karbala, That the Iraqi Council of Representatives will pass the National Council for strategic policy during the next two weeks.
And agreed that the Iraqi List and other political blocs to be Ayad Allawi, head of the National Council for the strategic policies prior to the meeting of the Council of Representatives in the first November 11 last year.
Iraqi lawmakers hope to resolve today the upcoming meeting between Iraqi Prime Minister Nuri al-Maliki and the leader of the Iraqi List, Iyad Allawi, the disagreements over the cabinet reshuffle is completed, especially including the security ministries.
The MP said the Iraqi List, Iskandar and berries, that “members of the political blocs, including members of Iraq’s waiting impatiently to meet head of the list by Iyad Allawi, Prime Minister Nuri al-Maliki to resolve the differences that hinder the completion of the formation of the government and the implementation of political agreements signed between the parties to the President in the government.”
MP said the coalition center-Iraqi Mohammed Iqbal that everyone knows that the state of modern civilization today is based on the separation of powers and the political system in Iraq is built on that and the constitutional provision in Article 102 and up to the Article 108 shows that these bodies independent administratively and organizationally.
Iqbal said in a press statement that the legislator when he wrote the Constitution to make this part of the bodies linked to the Council of Representatives and make the other part belonging to the Council of Ministers and the bodies of its control of the House of Representatives, surprisingly, the Federal Court decision linking the bodies of the Council of Ministers, and considered the decision a big mistake.
Egyptian pound continued its decline against the dollar in the foreign exchange market as a result of continued demand for U.S. currency.
Witnessed during the past few days in a row demonstrations, the first of its kind since the Hosni Mubarak, who has ruled the country for nearly 30 years, demanding political reforms and economic changes.
The head of Office of the Presidency of the Republic of Iraq on Saturday that he is not setting any timetable for the submission of candidates for the position of vice president, noting that it is up to the agreement of the political blocs.
He said Naseer al-Ani told the Kurdish news agency (Rn) announced today that he “does not have a time limit of the political blocs to submit their nominations for the position of Vice President of the Republic, the fact that the Iraqi constitution did not contain any clause or provision for that.”
He pointed out that al-Ani, “the names of three candidates for the positions is subject to agreement of the political blocs,” pointing out that “President Jalal Talabani is one of the three deputies will choose from among “
The MP said the coalition of state law, just that my ministries vacant, the National Council of the Supreme policies would top the agenda of the upcoming meeting between the leader of the list of Iyad Allawi and Iraqi Prime Minister Nuri al-Maliki next week.
The Hurcab in an interview that the meeting may not result in resolving all outstanding issues, but he stressed its importance in the political process.
The MP said the coalition, the Iraqi beauty melon, on Friday, said that the initiative of the President of Kurdistan Region Massoud Barzani to form a government of which has not been implemented only “little”, pointing out that the parliamentary blocs have not agreed yet on the names of candidates to fill the vacant ministries.
The melon that “the files that are raised through the initiative of President of Kurdistan Region Masoud Barzani to form the government did not implement them little.”
Iraqi parliament resumes its sessions on Monday, and on its agenda to discuss key issues highlighted the decision of the Federal Court decision to link independent bodies of the Cabinet, and vote on the government formation, and discuss the draft Law of the National Council for the strategic policies.
The shift political and economic obstacles without passing the federal budget, amid opposition parliamentary blocs on the mechanisms and points of disbursement of funds, as well as objections to the provincial percentages allocated to them.
Confirmed the MP for the Kurdistan coalition blocs A’Ala Talabani, the Kurds the right to obtain security institution in accordance with Article IX of the Constitution.
Talabani said in a press statement that the armed forces in Iraq should be represented in parallel between all the components of the Iraqi people, in accordance with Article IX of the Iraqi Constitution.
According to Undersecretary of the Ministry of Foreign Affairs of Iraq, Saturday, that the events and demonstrations in several Arab countries will not have a negative impact on the Arab Summit to be held in Iraq.
Said, however, Abawi told the Kurdish news agency that the Iraqi Foreign relay events in the Arab arena and expresses the belief that it will not negatively affect the Arab summit to be held in Iraq by end of next March despite changes that may occur in some governments.
The National Alliance Shirwan Waeli said failure to approve the federal budget for 2011 due to a lot of the deficit in expenditure and resources of the Iraqi state. “Waili said in a statement to the news agency public opinion (and babysit):” All existing resources in the budget does not cover expenditures stomach or required by the Iraqi government.
Revealed the decision of the House and the Iraqi List MP Muhammad Al-Khalidi said parliament will host the heads of bodies of others linked to Bwazzrap, to discuss the recent Federal Court decision.
Khalidi said in a press statement that the House will host next Tuesday chairpersons unrelated , to discuss the link work of the Cabinet, as well as find out their views about this link.
Detect head the Independent Electoral Commission in Iraq, Saturday, for signs of concern about the UN decision of the Federal Court judge to include independent bodies to the Council of Ministers.
Faraj al-Haidari, a Kurdish news agency that the Iraqi parliament and the executive branch are responsible for this decision, will not be the opinion of the Commission because what it will be decided by the House of Representatives Office of the elections, as he put it.
