Archive for March 24, 2011

Iraq oil ministry to review Shell gas deal next week

Posted: March 24, 2011 in Iraqi Dinar/Politics
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The Iraqi cabinet’s energy committee has asked the oil ministry to review the economics of a $12 billion natural gas joint venture with Shell and Mitsubishi, the oil minister said.

The ministry plans to report its findings next week. “Next week we will have a meeting to present a clearer vision of the economics of the contract,” minister Abdul-Kareem Luaibi told a news conference on Tuesday.

The deal with Shell and Mitsubishi is intended to allow Iraq to use some of the 700 million cubic feet of natural gas it flares each day to fuel urgently needed domestic electricity generation.

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Vietnam inflation climbs to 25-month high, adding rate pressure

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Vietnamese inflation accelerated to a 25-month high in March on rising gasoline and power costs, adding pressure for another increase in interest rates.

Prices rose 13.89 percent this month from a year earlier, compared with a 12.31 percent pace in February, according to figures released by the General Statistics Office in Hanoi on Thursday. That’s the fastest since February 2009. Prices rose 2.17 percent from February.

Prime Minister Nguyen Tan Dung is aiming to curb credit growth, restrain the budget deficit and tighten monetary policy after shifting the focus to taming inflation from boosting economic expansion. Price gains will likely exceed 14 percent by midyear, driven by a weaker currency and higher fuel and electricity tariffs, Credit Suisse Group AG said this month.

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Security forces shut down streets near Tahrir Square in central Baghdad

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Cut off the security forces, Thursday, streets near Tahrir Square, with barbed wire to coincide with the possibility of demonstrations starting on Friday in central Baghdad, while a police source said that the security forces cut off roads in such a precaution.

Witnesses said residents of the area around Liberation Square, said that “security forces for the Baghdad operations, on Thursday evening, began placing barbed wire in a number of streets and the nearby area  leading to Tahrir Square in central Baghdad.”

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Iraq Foreign Minister meets Chinese Amb: Discusses Bilateral Relations and UN Security Council

Posted: March 24, 2011 in Iraqi Dinar/Politics
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UN Security Council Chamber in New York.

UN Security Council Chamber in New York

Search, however, Abawi, Undersecretary of the Ministry of Foreign Affairs for Policy Planning and bilateral relations with the Chinese ambassador in Baghdad, Zhang Yi, cooperation in international forums.

He said a Foreign Ministry statement on Thursday: “The Abbawi received Chinese Ambassador today, and during the meeting, they discussed bilateral relations and ways of enhancing cooperation between the two countries in international forums and coordinate positions in international organizations and the Security Council”.

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Iraq to join Gulf Cooperation Council (GCC)

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Baghdad, March 24 (AKnews) – The Foreign Relations parliamentary committee said Thursday that it welcomes the invitation of Iraq to join the countries of the Gulf Cooperation Council (GCC), describing the invitation as “late” while a close source to the Iraqi Prime Minister Nouri al-Maliki stated that Iraq’s accession to the GCC is conditioned to non-interference in the interior affairs.

The Bahrain Prime Minister Khalifa bin Salman al-Khalifa called two days before in an interview to returning Iraq to the Gulf work system in the framework of preparations done to convene the Supreme Council of the GCC in the UAE capital Abu Dhabi on the 6th and 7th of this month, considering that the return of Iraq to the the Gulf and Arabic work system will increase its power.

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CBI expects inflation rife

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Komaki haiti, Para, MoneyBaghdad, March 24 (AKnews) – The adviser of the Iraqi Central Bank (ICB) said Thursday that the inflation will continue to rise if the Iraqi economy continued its reliance on the revenues of crude oil only.

Inflation is known as the excessive increase in the general level of prices and rising cash incomes or any component of cash income such as wages or profits as well as high costs and excessive creation of cash credits.

Muzher Mohammed Saleh told AKnews that the inflation will continue increasing unless agricultural and industrial projects were developed in addition to supporting the local production.

“The monetary policy in the country will continue to rise if the local production continues to be unable to cope with the imported materials so that the supply will match with the demand for the goods.”

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Experts agree that poor management and privatization are the most prominent problems of the Iraqi economy

Posted: March 24, 2011 in Iraqi Dinar/Politics
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oil, naft, nawtBaghdad, 24 March (Rn) – the entire Iraqi economy experts, on Thursday, that the problem of the Iraqi economy is poor economic management of the state relying on the oil sector in its financial resources, as well as the adoption of privatization in solving most of the economic problems in the country.

The economist and former minister of planning Mehdi al-Hafez, the problem of the Iraqi economy is large and poor economic management of the state, adding that he should not talk on the subject in isolation from the existing serious problems.

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The First Conference of Basra; Establishing a market for financial securities

Posted: March 24, 2011 in Iraqi Dinar/Politics
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The First Conference of Basra, establishing a market for securitiesBasra, March 24 (Rn) – held in the governorate of Basra on Thursday, the first conference to establish a market Basra Stock Exchange to support and develop the Iraqi economy and boost investor confidence globally in financial markets of Iraq and the strengthening of financial ties and increased trading the local, Arab and global levels.

The Managing Director of the Iraq market for financial pro Taha Ahmed Abdul Salam told the Kurdish news agency (Rn) that “the opening of the market for securities in the province of Basra is what it seeks to Iraq, particularly conservative and is accepted by Iraq economically.”

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Allawi and the Mahdi call to respond to the demands of “legitimate” citizens

Posted: March 24, 2011 in Iraqi Dinar/Politics
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The leader of the Iraqi List, Iyad Allawi, leader of the Islamic Supreme Council, Adel Abdul Mahdi, the Iraqi government to respond to the demands of “legitimate” citizens in particular with regard to respect the freedoms granted to them under the Constitution and to improve the situation of services, Mwkdan in another context, the need for the will of the Arab peoples and their freedom to choose the political systems that rule.

He said politicians in a joint statement they issued after a meeting reunion Thursday at the residence of the leader of the Iraqi List and received “Alsumaria News,” a copy of it, that “there is a need for the legitimate demands of citizens, especially with regard to respect the freedoms granted to them under the Constitution and improving the reality of services.”

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Othman: Delayed in naming security ministers could hamper the U.S. withdrawal from Iraq

Posted: March 24, 2011 in Iraqi Dinar/Politics
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MP Mahmoud Othman Thursday what he called the U.S. grudgingly caused by the delay of Prime Minister Nuri al-Maliki and the political blocs to name security ministers, indicating that the delay would hinder the U.S. withdrawal from Iraq.

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Shaker Book: Solving the problem of security ministries, however, the National Alliance

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. accused the spokesman for the Iraqi List, Shaker Book of the rule of law broken the security ministries. A book in the statement (of the Agency news) on Thursday: “No there is a problem with the Iraqi List, the candidate of the Ministry of Defence has been agreed within the list but the problem is the National Alliance.”

He added that the reason for delayed submission of candidates for security ministries due to the rule of law when you can think of to solve this issue will be resolved for these ministries.

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Maliki Press Statement: PM holds a workshop to improve the performance of ministries

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Prime Minister’s Office holds a workshop to improve the performance of ministries

Under the guidance of the Prime Minister Nuri Kamal al-Maliki, Prime Minister’s Office held a workshop to improve the performance of the Iraqi ministries in the 23-24 month this March.

The workshop aims to evaluate a high-level of the current challenges facing the ministries and that prevent the submission quality services to citizens.

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Deputy for Iraq List: Maliki did not tell us for the official candidate of the Ministry of Defense

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. MP from the list, Qusay Abadi said the Iraqi Prime Minister Nuri al-Maliki, did not answer about the book list that messengers to him containing the candidates and the Department of Defense, and select one of the ministry.

The press statement of a number of members of the Iraq pointed to the existence of differences between the components of the list to take over al-Obeidi, who was nominated by a combination of Iraqi-led Osama Nujaifi of the Ministry of Defense, and the post Wazzirmen share Accord Movement, led by Iyad Allawi.

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Minister of Industry: A plan for the automotive industry in Iraq; Assembly, parts, and retail

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Minister of Industry: a plan to collect nine different brands of cars in Iraq

BAGHDAD / Aswat al-Iraq: A Minister of Industry and Minerals Ahmed Nasser Al-Karbouli, a plan of his ministry to sign the 8 contracts for automotive assembly as well as 9 different brands of cars in Iraq, in addition to the production of tires and batteries.

Karbouli said in a statement quoted by the newspaper statement issued Tuesday, “the Ministry of Industry and Minerals plan to sign the 8 contracts to assemble cars from brands of sherry and Alscanea as well as 9 brands of cars Alhonday and Kinao the Abbey, made half of next year, in addition to the production of batteries, and tires.”

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Iraqi List: After a period of hundred days we will decide to keep on the Maliki government or not

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Nouri al-Maliki meets with George W. Bush.

Nouri al-Maliki

Said Maysoon al, a member of the House of Representatives Iraqi List led by former President of the Iraqi government, Iyad Allawi, speaking the official name, said that «our list waiting for the end of the timeout per cent on set by Nuri al-Maliki, the prime minister and leader of the state law to carry out the reforms promised by the government», pointing out that «all the possibilities open to us after the end of this period».

The Mason Damluji told «Middle East» by telephone from Baghdad yesterday «We are in the Iraqi List, consider how the conditions would be after the end of the timeout Hundred Days, and what will be achieved, to know where to go Iraq and what will be achieved for the Iraqis», warning that «Ktltna studying the possibility of not be retained on the Maliki government in spite of that we are part of them », said« After a timeout of the Prime Minister will decide whether to maintain the government or not ».

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Maliki to submit candidate names early next week; Intense dialogue prior to vote

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Next week .. Vote on the candidates, security bags

24/03/2011

  • Obeidi, and Chalabi and al-Assadi and al-Kaabi and strange front-runner

Headed by Prime Minister Nuri al-Maliki to submit names of candidates luggage security to the House of Representatives the end of next week to vote on them.

This was announced by the “morning”, a parliamentary source early, indicating that early next week will see an intensification in the dialogues of the agreement on the names before it is put to the vote.

Prime Minister Nuri al- Maliki has attributed the recent reasons for the delay in presenting the names of candidates of the security ministries to the lack of political consensus on the names put forward, questioning the occurrence of that compatibility, while stressing that in case of non-compliance will succumb subject to the voting quorum is required.

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CBI: Daily Auction March 24, 2011

Posted: March 24, 2011 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 24-MAR-2011. The results were as follows:

DETAILS NOTES
Number of banks 16
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 113,975,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 113,975,000
Total offers for selling (US$) —–

Source: CBI

Ministry of Planning: Investment alone is not enough to achieve the goals of the 5yr development plan

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. The Ministry of Planning and Development Cooperation to provide investment alone is not enough to achieve the goals of the National Development Plan Five-Year.

An official source at the ministry statement to the reporter Agency (news) today, that securing the investment side alone is not enough to achieve the goals of national development plan, the five-year Despite being the cornerstone of any development process.

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Trade opens an electronic system to issue import and export licenses

Posted: March 24, 2011 in Iraqi Dinar/Politics
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The Ministry of Commerce of Iraq, Thursday, the opening of the electronic system for issuing import and export licenses, in order to provide the speed factor in this and to ensure greater transparency in the issuance, considering that the core of the system of e-government in Iraq.

He said Iraqi Trade Minister, Khairallah Hassan Babiker in an interview for “Alsumaria News”, “The ministry is seeking from behind the opening of the electronic system for issuing import and export licenses to the organization and development of domestic and foreign trade of Iraq, and contributing to the economic policy of the country,” noting that “the system will cooperate with the private sector, to build the market and provide the requirements of the Iraqi market as soon as possible. “

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State law is likely to vote on the Vice President of the Republic next week

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Most likely a coalition of state law, led by Prime Minister Nuri al-Maliki, on Thursday, the parliament votes on the Vice President of the Republic next week, stressing his commitment to their candidate through Khudair Khuzaie to be one of three deputies.

A member of a coalition of state law Mohammed Chihod in an interview for “Alsumaria News”, “The issue of voting on candidates for the posts of Vice-President of the Republic will be presented to Parliament after the resumption of its work next week,” noting that “the dispute in this regard was placed on the voting mechanism, etc. If each candidate will be alone or a basket, as one, “likely to” be voted on individually, each Vice. “

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CBI: Inflation will continue to rise if the economy depends on oil exports alone

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Baghdad, March 24 (Rn) – The Central Bank of Iraq adviser said Thursday that inflation will continue to rise if the economy continued Iraqi aggressor on imports of crude oil only.

Known that excessive inflation in the general level of prices and rising incomes in cash or a component of cash income such as wages or profits as well as high costs and excessive in the creation of cash balances.

The central bank adviser said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) announced today that “inflation Aloguetsidi which will continue to rise unless the address that economic development and diversification of funding sources other than oil towards the development of agricultural and industrial projects and support local production.”

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Unconditional welcome the invitation of Iraq’s accession to the GCC

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Baghdad, 24 March (Rn) – The Committee on Foreign Relations representative, on Thursday, welcomed the invitation of Iraq’s accession to the GCC countries, describing the call to “late”, while stipulate a condition close to Iraqi Prime Minister Nuri al-Maliki, Iraq’s accession to the GCC non-interference in the affairs of Interior.

The prime minister of Bahrain, Khalifa bin Salman Al Khalifa called for two days before in a newspaper interview to Iraq’s return to work system and the Gulf and in the framework of preparations for the convening of the Supreme Council of the Gulf Cooperation Council in the UAE capital Abu Dhabi in the sixth and seventh of this month, returned the return of a strong Iraq to the system work and the Gulf Arab power will increase them. he said.

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Abdul-Mahdi, Melkert the stage of the latest developments in Iraq and the region

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Research Vice President Adel Abdul Mahdi, in his office in Baghdad, Wednesday with the representative of the Secretary-General of the UN Ad Melkert, the latest developments in the Iraqi and the march of the political transformations taking place in the country.

During the meeting, discuss the role to be played by the United Nations to stand by the Iraqi people.

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Maliki source: The first decision to choose the security ministries to the Prime Minister and later Parliament

Posted: March 24, 2011 in Iraqi Dinar/Politics
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MP for the coalition of state law were part of the National Alliance, and Walid al-Hilli said the decision to choose the first security ministries due to the Prime Minister and after the parliament vote acceptance or rejection.

And the ornaments in a statement singled out by the reporter and the Agency for News News (et): The National
Alliance has given the freedom to choose security ministries to the Prime Minister and the final decision.

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House of Representatives .. A chance to prove self

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Observers believe that of the Iraqi street protests and pressure on Parliament to make economic and political reforms represent an opportunity for MPs to get rid of restrictions control the heads of parliamentary blocs on the decisions, and play a bigger role as it exists in parliamentary systems in developed countries. There are MPs who see themselves difficult to achieve at least in the current session.

A member of the Iraqi bloc unit Jumaili that “a big mistake in the control of the heads of the blocks on the deputies due to various reasons, including the absence of the law of parties and the adoption of an electoral law allows for the sterile boarding Congress votes making them the leaders of the bloc is closely associated with them directly.”

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Google Maps in 11 countries including the Middle East but not Iraq

Posted: March 24, 2011 in Iraqi Dinar/Politics
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Wordmark of Google Maps

Announced the search engine “Google” for the operation ranges of Google Maps in 11 countries in the Middle East and North Africa, not including Iraq.

Said Abdul-Karim Mardini, product manager for Google Middle East and North Africa to the States concerned are: Algeria, Libya, Egypt, Lebanon, Jordan, Kuwait, Bahrain, Qatar and the UAE, Oman and Saudi Arabia.

The Google blog that the electronic maps in Algeria, Libya, Kuwait, Bahrain and Qatar have become available in its current form thanks to the enthusiastic users who add the information to their maps through Google Map Maker is available in more than 180 countries around the world.

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Maliki will present one candidate for the list of candidates to fill the Defense

Posted: March 24, 2011 in Iraqi Dinar/Politics
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The Iraqi List, said Thursday that Prime Minister Nuri al-Maliki would present a candidate and one of five candidates to fill the bag and the Ministry of Defense, confirmed That Maliki waiting to send the National Coalition for the name of the candidate to fill the bag and the Ministry of the Interior before displaying the names of candidates to parliament for a vote on them.

Said Maysoon al member of the Iraqi “Prime Minister would not provide more than one candidate list of candidates to fill the bag the Iraqi Ministry of Defense.”

“The Prime Minister Nuri al-Maliki will present one candidate for the Iraqi List of candidates for a vote in the House of Representatives.”

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Differences between the leaders of political blocs are responsible for the delay in the announcement of the security minister

Posted: March 24, 2011 in Iraqi Dinar/Politics
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A member of the House of Representatives of the Alliance of Kurdistan forces Chuan Mohamed Taha, said that differences and problems existing between the leaders of political blocs, is the main reason for the delay in naming security ministers so far.

He said Taha told the independent press (Iba) The House of Representatives never any delay in this matter and when the findings of the leaders of political blocs to agree on candidates for security ministries will be voting for them inside the dome of the parliament, stressing that the solution to this issue outside the parliament and representatives of the people who wanted to end this matter as quickly as possible.

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Abdul-Mahdi, and Jeffrey emphasize the need to adhere to the agreements concluded between Iraq and America

Posted: March 24, 2011 in Iraqi Dinar/Politics

His Vice President Adel Abdul Mahdi, in his office in Baghdad, Wednesday, the U.S. ambassador to Iraq, James Jeffrey.

During the meeting, they discussed bilateral relations and ways of strengthening them to serve the interests of both countries, with emphasis on the need to adhere to the agreements concluded between the two sides in all fields.

The two sides reviewed the latest developments in the Iraqi arena and the democratic transformations in the country, stressing the importance of moving in the process of reconstruction and economic development.

Both sides also discussed the rapid developments in many Arab countries and the wave of demonstrations and protests that have beset many of the regimes in the region, calling for the need to conduct in the path of peaceful democratic transition of power away from all forms of violence, tyranny and despotism.

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