Archive for April 4, 2011

Parliament calls on Maliki to provide alternative candidates for the defense and interior

Posted: April 4, 2011 in Iraqi Dinar/Politics
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House of Representatives called Prime Minister Nuri al-Maliki to offer alternative candidates for the defense and interior.

The head of the House of Representatives Osama Najafi: “It was received a letter from the Prime Minister of the names of candidates to take over the ministries of interior and defense. And in turn sent a letter to the accountability and justice.” Nujaifi added during a session of parliament yesterday: “It shows the coverage of two candidates, the law of accountability,” pointing that “he was sent a formal letter to the Prime Minister to provide replacements for candidates.”

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Allawi’s Iraqi Coalition discloses the names of candidates for the position of Secretary of Defense

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Baghdad, April 4 (Rn) – An Iraqi coalition led by Iyad Allawi on Monday the names of candidates for the office of the Ministry of Defense, after the withdrawal of Colonel Khaled al-Obeidi his candidacy yesterday.

A spokesman for the Iraqi coalition Haider Mulla Kurdistan News Agency (Rn) that “candidates for the office of the Ministry of Defence are Daly and Hisham Salem Darraji and eloquent addition to the benefit of al-Ani, Al-Azzawi.”

The MP for the coalition of state law Salman al-Moussawi, revealed Monday’s (Rn) on the pursuit of Prime Minister Nuri al-Maliki’s nomination Salem Daly to the defense portfolio substitute for Khaled al-Obeidi, indicating that the provision of Daly to the House of Representatives will not be delayed much.

He continued by saying that the Mullah, “the four candidates delivered their names to the National Alliance.”

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Deputy for Iraqi List questions Maliki’s call on the structure of the resolution of the vacant security ministries

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Iraqi Parliament, Parlamani Iraq, Nuri al-maliki

Baghdad, April 4 (Rn) – questioned the Council of Representatives member of the Iraqi List led by former Prime Minister Iyad Allawi on Monday, with the intention of Prime Minister Nuri al-Maliki in the resolution of file security ministries time soon.

Said Mohammed Salman, told the Kurdish news agency (Rn) that “the inaction of the Prime Minister subject named minister of security has become a matter a lot of references question about it,” adding, “It was better Maliki resolve the file security ministries since a long time so as not to deteriorate the situation again in Iraq to a situation in dire consequences “.
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House of Representatives voted to name Yusuf Ali Shukri, Minister of Planning

Posted: April 4, 2011 in Iraqi Dinar/Politics
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BAGHDAD / Aswat al-Iraq: House of Representatives voted on Monday, the nomination of Ali Shukri Yusuf, Minister of Planning. This came in a breaking news broadcast the semi-official Al-Iraqiya, that “the House of Representatives voted to name Yusuf Ali Shukri, minister of planning.”

Ali Yusuf and Abdul Nabi Diabetes is an assistant professor / Act, holds a PhD Law – University of Baghdad 1998

Served as Dean of the Faculty of Law – University of Kufa, in 2006, and Dean of the Faculty of Law – University of the Sahel and Sahara – Libya – 2004-2005, Author of numerous studies and books and literature, including (international and regional organizations and specialized), and (the principles of the law of economic activity), and (the theory General in constitutional law), and (the principles of maritime law-Libi) and (comparative political systems), and (diplomacy in a changing world), and (the principles of constitutional law and political systems), and (international criminal law in a changing world), and other of literature.

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Vietnam: Currency of change for banking system

Posted: April 4, 2011 in Asian Currency Markets
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VietFinanceNews.com – The State Bank is battling what it views as one of the most dangerous problems facing the banking sector: dollarisation. In late March, the bank’s Circular 07/2011/TT-NHNN, made it tougher for local enterprises to borrow US dollars.

Replacing Decision 09/2008/QD-NHNN, the circular regulates that only exporters with adequate future dollar sources can borrow dollars from lenders. Meanwhile, enterprises borrowing dollars for use within the Vietnamese market should convert to the Vietnamese dong via a spot transaction upon borrowing.

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Maliki: Iraq to resolve the outstanding problems with neighboring countries (i.e. Kuwait), which affect the security and stability

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Jawad al-Maliki meets with Secretary of State ...

PM Maliki

Baghdad (news) .. He said Prime Minister Nuri al-Maliki said Iraq had made considerable progress in establishing security and political stability and to resolve all outstanding problems that affect the security and stability, especially with neighboring countries,

He pointed to progress talks with Kuwait to solve all the problems left behind by the previous regime.
He noted during his meeting with ambassadors and heads of diplomatic missions of the European Union in Iraq, there are some organizations that pose a threat to the security of Iraq’s internal and external, is the presence of its elements in Iraq, contrary to the Constitution, and Iraq’s efforts in building relationships based on non-interference in the internal affairs of common interest with all States, particularly neighboring countries.

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Iraq House of Representatives will reconvene Tuesday April 12th

Posted: April 4, 2011 in Iraqi Dinar/Politics
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House of Representatives raises even its twelfth of April this

Alsumaria News / Baghdad
Raised the presidency of the Iraqi Council of Representatives, Monday, meeting of the Council of 51 to next Tuesday the twelfth of this month, with parliamentary source that meeting a demand by international organizations such as the United Nations and the OIC and all of the United States and the Vatican to condemn the crime of burning a copy of the Koran.

The source said in an interview for “Alsumaria News”, “House Speaker Osama Nujaifi the adjournment of the regular 51, which was held today, under his chairmanship and the presence of 225 deputies to next Tuesday the twelfth of this month,” noting that “the meeting a demand by international organizations and such as the United Nations and the OIC and all of the United States and the Vatican to condemn the crime of burning a copy of the Koran, and vote to reject the proposal by more than 50 deputy on the re-discuss the subject of the vote on Vice-President of the Republic in one basket, and sworn in by Ali Yusuf, Minister of Planning “.

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Iraq List unveils new road map to accelerate the formation of Council of Strategic Policy

Posted: April 4, 2011 in Iraqi Dinar/Politics
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BAGHDAD (Alsumaria News): Detection of leadership in the Iraqi List, Tareq al-Hashemi, today, that his list had agreed on a roadmap to accelerate to meet the demands of the menu, including the formation of the Council of National Policy Strategy High, confirmed in another context, resolving the issue of his candidacy for the position of vice president for the second term.

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Iraq-Business News: Where are the Global Iraqi Brands?

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Multinational brands have been and continue to land in Iraq, attractive to Iraqi nationals perhaps due to the trade embargos of the past, and Saddam’s dislike of Iraqi’s owning western brands. It is hardly surprising that brands that were formerly unavailable domestically are now desirable. The ever-increasing number of global brands being marketed domestically via an equally increasing number of media channels is testament to the domestic appetite for global brands. In that respect, the days of old are truly over.

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Iraq-Business News: The Struggles of Small Businesses – The Broken Links

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Much gets written about the struggles of small businesses in Iraq. With 36 private banks in Iraq, and high interest from the Government of Iraq to support MSMEs, especially in terms of access to finance, we need to dissect the structural barriers faced by small businesses, in order to ensure that interventions designed for them are both productive and sustainable. Allocating $200 million for MSMEs in the 2011 budget was a thoughtful suggestion by Prime Minister Malaki’s economic advisor Abdul-Hussein Al-Anbaki, but at 2% interest rates (or service charge) would have been detrimental to the broader credit culture that the microfinance industry and banks are trying to build. In addition, the suggested methodology of delivering credit or loans to MSMEs was to be undertaken directly by the Ministry of Labor and Social Affair (MOLSA), and hence not in-line with best practice as government agencies don’t have the required core competency of delivery. While the Government’s 2011 budget did not approve the $200 million assistance for MSMEs, approval is likely in the supplementary budget. Ideas sYnergy hopes that some of the insights below, collected from multiple stakeholders, banks, microfinance institutions, MSMEs, etc will provide initial feedback and debate in the corridors of power.

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Assoc. of Iraqi Banks: Private banks face dilemma because of GOI banking monopoly

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Private banks in Iraq with a great dilemma because of the monopoly of banks, government financial transactions

Asked the Executive Director of the Association of Iraqi private banks Abdul Aziz Hassoun authorities involved in financial and economic Iraq subjecting all private banks and government in Iraq to the same conditions and transactions

The law without discrimination of government banks to private banks because of their role in supporting the financial market through the stabilization of Iraqi funds within the country, stressing attract money from abroad and deposited in Iraqi banks because of their returns more than foreign banks, which in turn will contribute to the support of the Iraqi economy.

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Government official: financial and administrative corruption the biggest barrier to economic prosperity

Posted: April 4, 2011 in Iraqi Dinar/Politics
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A government official confirmed that the economic prosperity or failure depends not only on the abundance of sources of wealth or lack of progress or failure of production or perception but need to draw the actual methods of earning and spending ways.

The Inspector General of the Ministry of Municipalities and Public Works Yilmaz carpenter during its review (to economic morning) as contained in its annual report to the office during the year 2010 as the perception on the basis of legitimate earnings and expenditure of the project, flourished economic life and common prosperity, with the exception that the crises prevail and rampant corruption.

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MP Faleh: It is the responsibility of the PM about the security ministries would make him the first to be held accountable for the failure to achieve concrete results

Posted: April 4, 2011 in Iraqi Dinar/Politics
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BAGHDAD (Iba) … A member of the House of Representatives for the National Alliance Faleh effect that the responsibility of the prime minister’s security ministries covered by the accountability that will make him the first place after the expiration of 100 days, noting that the responsibility for the security ministries acting will make him accountable before his ministers and others responsible for the security file.

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Iraq is a major player in OPEC

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Faris Omar: resulted in licensing rounds organized by the Ministry of Oil since 2008 for the signing of billions of dollars in oil contracts with international companies of different nationalities.

And fired these contracts and plans of the Ministry of oil in the conclusion of more of them expected to double Iraq’s production several times over the years to come.

In this regard, said ministry spokesman Assem Jihad, Oil in an interview with Radio Free Iraq that the ministry is going ahead with projects to increase Iraq’s production to six and a half million barrels per day by 2014.

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Iraqi parliament held its 51st session discussing the issue of Faili Kurds, and regain their rights

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Baghdad on 4 April (Rn) – The Iraqi Council of Representatives on Monday, its regular of (51), headed by Osama Najafi and his two deputies Qusay al-Suhail and Aref Tayfur, The agenda of the meeting to vote on the draft law the Supreme Judicial Council and discuss the Faili Kurds, and regain their rights in addition to five readings of the first to draft laws.

A number of academics, politicians and activists in the field of human rights of the Faili Kurds had threatened last week sit-in demonstrations and the absence of achieving their humanitarian denounced as a dependency of the former regime in Iran.

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Alfalh: This week will likely not see vote on security candidates due parliamentary rules

Posted: April 4, 2011 in Iraqi Dinar/Politics
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BAGHDAD / Aswat al-Iraq: MP from the National Alliance on Alfalh, Sunday, that this week will not be a parliamentary vote on the names of the ministers of security, noting that according to rules of procedure of Parliament, he held three meetings in the latest week will be on Monday.

The Alfalh told (Voices of Iraq) that “the Council’s agenda for tomorrow (Monday) does not include a vote on the names of ministers of security,” noting that “the names of the ministers of security and reached to the Board after being sent by the Prime Minister, but was sent to the accountability and justice for scrutiny and after returning from the President of the Council of Representatives will determine the date for the vote. “

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CBI: Daily Currency Auction; April 4, 2011

Posted: April 4, 2011 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 4-APR-2011. The results were as follows:

Source: CBI

DETAILS NOTES
Number of banks 19
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 194,360,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 194,360,000
Total offers for selling (US$) —–

Iraq Parliament votes unanimously for Ali Shukri Yusuf Abdul-Nabi as Ministry of Planning

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Iraqi parliament voted unanimously to block the Liberal candidate for the Ministry of Planning

Baghdad on 4 April (Rn) – House of Representatives voted at its Monday, the candidate of the Ministry of Planning Ali Shukri Yusuf Abdul-Nabi.

The MP said the Liberal block Alshahyli Jawad told the Kurdish news agency (AKnews), “The Council voted unanimously to block the Liberal candidate for the Ministry of Planning,” saying that “his candidacy had not addressed, any objection by the political blocs.”

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Iraq List calls for non-response to the request of the government to issue legislation to wait five laws

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Baghdad on 4 April (Rn) – The Iraqi List led by Iyad Allawi, on Monday, Presidency of the Council of Representatives and the political blocs to non-compliance to the request of the presidency of the Council of Ministers requested the suspension of legislation in the five laws and described the task.

The spokesman said the Iraqi List, Haider Mulla said in a press conference held in the House of Representatives and was attended by the correspondent of the News Agency of Kurdistan (Rn) that “the Presidency of the Council of Representatives and the political blocs, the failure to respond to the request of the Prime Minister in issuing legislation.”

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Iraqi lawmaker: House read the 50 legally in one month

Posted: April 4, 2011 in Iraqi Dinar/Politics
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Baghdad, April 4 (Rn) – A deputy from the National Alliance on Monday, for enabling the House of Representatives of the first reading of about 50 law during the last month, indicating that there are laws sensitive you need to check before approval, including the parties law and the protection of journalists and the Council of Justice and the Federal Court.

Said Abdul Hussein Abtan, told the Kurdish news agency (AKA News) today announced that “all laws passed by the first reading and then read the second reading and be discussed before the vote, but that there are laws need to time and scrutiny and discussion as a sensitive and need to be checked.”

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Iraq’s March export rise due to stability

Posted: April 4, 2011 in Iraqi Dinar/Politics
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IRAQ OIL

Sulaimaniyah, April 4 (AKnews) – An official from the Iraqi oil ministry says Iraq’s 9.71%  rise in oil exports in April is due to stability and lack of technical issues.

Iraq’s crude oil exports rose from 61 million barrels in February to 66.929 million barrels in April.

Mu’tasam Akrm, undersecretary of the Iraqi oil ministry told AKnews that The high output resulted from lack of security and technical issues for the oil sector said Akram.
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