German offer to buy the New York Stock Exchange If would be the biggest deal in the financial markets Linking 14 European countries with the U.S. in circulation
Wall Street trading platform under a tree is limited to the largest exchange in the world
May have the New York Stock Exchange, which has been a symbol of American capitalism over the centuries, new in Europe during the recent few years.
| Vietnam devalues dong by 8.5 pct -central bank VietFinanceNews.com – Vietnam’s central bank devalued the dong by 8.5 percent , dropping the official reference rate to 20,693 dong per dollar from 18,932, effective on Friday. The bank also narrowed the trading band for the dong to 1 percent from 3 percent on either side of a midpoint set by the central bank daily. |
NEW YORK (CNNMoney) — The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.
The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.
SDRs represent potential claims on the currencies of IMF members. They were created by the IMF in 1969 and can be converted into whatever currency a borrower requires at exchange rates based on a weighted basket of international currencies. The IMF typically lends countries funds denominated in SDRs. (more…)
Confirmed high-level Iraqi source in the Syrian capital Damascus, Thursday, President Jalal Talabani will visit Damascus at the head of a ministerial delegation next Saturday at the official invitation of his Syrian counterpart Bashar al-Assad, adding that Kuwait will be the second leg in 20 of the month.
The source said in an interview for “Alsumaria News” that “Talabani will pay an official visit to Syria next Saturday at the head of a ministerial delegation, in response to a call from Assad conveyed by Syrian Prime Minister Muhammad Naji al-Otari during his visit to Baghdad in mid-last month,” noting that “the visit a four-day, two of which are official. “
He said Central Bank Governor Sinan Shabibi The basis of the economy, the Bank is to fight inflation, which happen because the government or the private sector. He called on “to the independence of the Bank that the umbrella of a protector of state funds.
The Ministry of Trade of Iraq, Thursday, that the ration card items allocations are inadequate, as noted by the Economic Commission that the parliament will be held accountable to any defect occurs in all joints of the ministry.
The Minister of Trade and agency Nuri Shaways Rose in an interview for “Alsumaria News”, “the appropriations allocated for the ration card items is insufficient to ensure all food items and quantities required.”
The Shaways that “today’s meeting with the parliamentary economic committee aimed to discuss the issue of ration card and the problems encountered in securing the required amount of food for 32 million Iraqis.”
VietFinanceNews.com – If South Korea raises interest rates on Friday, three of Asia’s biggest economies will have tightened policy within a week, challenging the assumption that central banks lack the stomach to combat inflation.
Indeed, with markets pricing in further increases across Asia to anchor inflation expectations, some economists are raising the tantalizing prospect that price pressures could peak before long, barring new weather disruptions to food supplies.
VietFinanceNews.com – The World Bank (WB) will lend Vietnam US$350 million in a second phase of a project aimed to help the country’s government develop its public investment policy.
The loan comes from two of the World Bank affiliates: US$250 million from the International Bank of Reconstruction and Development (IBRD) and US$100 from the International Development Association (IDA) fund. French Development Agency (AFD), a development fund of the French government, will also provide €35 million (US$48 million) as part of a co-financing scheme with the World Bank for the project.
VietFinanceNews.com – Minister of Finance Vu Van Ninh spoke to the website VnExpress about economic prospects for the year and the latest efforts to keep a lid on inflation.
What is the financial sector’s focus in 2011?
In 2011, the financial sector will unravel difficulties and hassles and help businesses accelerate production, business and export operations; tighten revenue management, and strictly punish tax-related violations. It will strive for budget revenue of 5 per cent more than planned.
Announced that the prime minister, Thursday, to concede the distribution of three servings of food supplies to poor families and two classes for the rest of the families, noting that Iraq will receive 190 thousand tons of sugar soon.
The office of Prime Minister Nuri al-Maliki said in a statement released today, and received “Alsumaria News,” a copy of it, that “the latter directed to distribute three servings food to poor families and two classes for the rest of the families,” noting that “the government is seeking to secure the ration card items of food for all citizens the global origins of the best to fill the shortfall in it. “
BAGHDAD (Iba) .. Hosted by the Committee on Economic Affairs and Investment House of Representatives on Thursday, Deputy Prime Minister and Minister of Commerce Agency example, has typically Nuri Shaways and the agents of the Ministry of Altjarpomufch year and a number of general managers in which to discuss the ration card items and the financial allocations and the ministry plans to provide and the speed of distribution and delivery to the Iraqi citizen.
(Voice of Iraq) – 10-02-2011 | http://www.sotaliraq.com
Lack of prior coordination to prevent reception of Ayatollah Sistani Ngeevi
Mason denied Damluji, a spokeswoman for the Iraqi List led by Iyad Allawi, the reports of receipt of a formal letter from Iraqi Prime Minister Nouri al-Maliki not to accept the candidate list for the post of Defense Minister Falah al-Naqib.
According to a member of the Iraqi parliament from the list, the Iraqi deputy Haider Mulla said Tuesday that the National Council for strategic policy has been settled with the Prime Minister during the last few days.
Mulla said in a statement to the reporter (and the Iraqi News Agency Information / INA) that the issue of the National Council for the strategic policies will be initiated Under the dome of the House of Representatives after a series of agreements made prior to 3 days The presence of representatives of the political blocs and the Prime Minister.
Talal Zobaie calls to speed up the nomination of independent security minister and enjoy the efficient and professional
Zobaie from the list, the Iraqi Prime Minister Nuri al-Maliki to quickly name the security minister to control the deteriorating security situation.
He said Zobaie told the independent press (Iba) to the Prime Minister to address things quickly and nominate whomever it deems appropriate for the Ministries of security to control the security situation which is deteriorating, a growing, multi-targeted attacks on citizens and men of security forces and employees of the State in various areas of Iraq.
The spokesman of the Supreme Judicial Council, Thursday, that the Council has not received any request from the Iraqi Council of Representatives, to clarify the interpretation of the Federal Court about its attachment to independent bodies of the Cabinet.
The judge said Abdul Sattar Bayraktar, told the Kurdish news agency (Rn) that “the Iraqi Council of Representatives requested two weeks before the Federal Court issued a final clarification about the link independent bodies of the Cabinet,” noting that “the Judicial Council has not received any formal request to do so.”
The deputy of the Iraqi List, said Thursday that oil and gas law will be approved in the Iraqi Council of Representatives after the adoption of the Law Council of strategic policies.
Watermelons, “Jamal told the Kurdish news agency (Rn) that” the law of oil and gas law will adopt the following strategic policies as will a lot of differences over oil policy in the country. “
