Archive for May, 2011

maliki2Baghdad, 31 May (Rn) – Iraqi leaders agreed to the list late Tuesday night to send a specific message containing four demands to Prime Minister Nuri al-Maliki to be applied in line with the initiative of Massoud Barzani.

The Vice-President Tareq al-Hashemi told a news conference after the meeting, attended by news agency Kurdistan (Rn) that “the leaders of the Iraqi List, agreed at their meeting today to send a letter to Prime Minister Nuri al-Maliki, demanding the implementation of what has been agreed upon within the Initiative Massoud Barzani.”

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Financial sector is still suffering Iraqi Anflata as a result of lack of oversight and the absence of laws organized, especially remittances abroad, which amounted to $ 30 billion in 2010, according to Central Bank of Iraq. After 2003, and found a large proportion of cash in Iraq on its way out of the country, especially neighboring countries, did not work any governmental or private to determine the size of these funds. After the government’s control over key ports, and because of the difficulty of transporting money to the deteriorating security situation on the roads, picked up what is known as foreign exchange offices, which began its work in the form of natural and without any approvals, laws or censorship.

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Iraq and Kuwait are locked in a dispute over a port that Bagdad says the latter is building by encroaching on its territorial waters.

Iraqis argue the construction of the Mubarak al-Kabeer port would choke off the battle-scarred country’s only access to international shipping lanes.

Kuwait says they are ready to sign an agreement to guarantee its project will not hinder the construction of Iraq’s own Faw Grand Port.

Al Jazeera’s Omar al Saleh reports from Baghdad (more…)

Citi, Bank of Baghdad announce tie-up

29 May 2011

Partnership to leverage synergies in Iraq
DUBAI, May 29: Citi and Bank of Baghdad today announced a strategic partnership which offers corporate clients, with major business presence in Iraq, a seamless cash management solution and other relevant banking services.

The client offer encompasses account services, domestic and international payments and collections, liquidity management and electronic banking solutions, backed by a comprehensive customer service and streamlined documentation processes.

This key partnership leverages Citi’s state-of-the-art global cash management platform, as well as Bank of Baghdad’s franchise and extensive branch network. The partnership also gives Bank of Baghdad, a subsidiary of Kuwait’s Burgan Bank, access to Citi’s global network across more than 107 countries for cash management solutions and other banking services.

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Agreed political blocs, which met the home of Deputy Prime Minister Ruz Nuri Shaways to form a higher committee to follow up the agreement of Arbil, the security ministers chosen  as soon as possible.

Shaways said in a statement singled out the Iraqi political blocs have committed to the success the second phase of Irbil, noting that the Iraqi List, was suspended participation in meetings, pending receipt of a response from the National Alliance on resolving the issue of the National Council for the strategic policy level.

For his part, leader of the National Alliance Hassan Sinead, said the political blocs is committed to the success of the initiative need to Arbil from which the government of national partnership.

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 Laws Prepared for Second Reading Sponsor
1
Proposed law to reverse the decision of the dissolved Revolutionary Command Council (222) for the year 1977 and the decision (817) for the year 1981.
Legal Committee.
2
Proposed abolition of the law of the Revolutionary Command Council Resolution No. dissolved (1203) for the year 1983.
Legal Committee.
3
Proposed abolition of the law of Revolution Command Council dissolved No. (349) for the year 1991.
Legal Committee.
4
Proposed law on the cancellation of the decisions of the dissolved Revolutionary Command Council No. (160) for the year 1983 and the number (703) for the year 1983 and the number (813) for the year 1986.
Legal Committee.
5
Draft Law on the Ministry of Youth and Sports.
Commission on Youth and Sports. (more…)

Run al-Dulaimi, the Iraqi Ministry of Defense

Revealed a source close to the leader of the Iraqi List, Iyad Allawi, Tuesday, that the list has nominated Maj. Gen. Nouri al-Dulaimi, oblivious [as a candidate] to the Ministry of Defence, saying that Allawi sent a biography of self-Dulaimi, to Prime Minister Nuri al-Maliki. The source said in an interview for “Alsumaria News”, “the Iraqi List, agreed on the nomination of Major General in the former Iraqi army Nuri al-Dulaimi, oblivious to the Ministry of Defense.”

The source, who requested anonymity, that “the leader of the Iraqi List, Iyad Allawi sent a curriculum vitae of the candidate’s new Prime Minister Nuri al-Maliki for them,” noting that “the list awaiting a response from al-Maliki.”

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 Laws Prepared for First Reading Sponsor
1 Draft law amending the bill for the care of minors No. (126) for the year 1980
Legal Committee.
2 Bill of the National Center for Missing and Amoepien
Committee of the martyrs and victims and political prisoners.
3 Bill board of Information and Communications
Committee work and services, the Committee on Culture.
4 Bill of service and retirement system and the discipline of the workers in the Office of Financial Supervision
Finance Committee, the Legal Committee.
5 A draft law amending it (49) of the power of destruction
Finance Committee. (more…)

May 27, 2011

Proposal to raise zeros from Iraqi dinar
A. M. D. Jawad Kadhim al-Bakri

Usually Matqom financial authorities of b (Ministry of Finance) by using the (fiscal policy) in order to maintain the general level of prices, in addition to the use of all productive resources available in the local economy to reach a state of full employment, as well as supporting the march of economic development, and this is done through the use of power financial instruments of fiscal policy b (government spending, and taxes).

The Authority uses financial instruments to address these problems (inflation, recession, unemployment), which is usually self-styled (the gap inflationary and deflationary gap), which might be exposed to the local economy, in addition to their use is targeted to raise the level of growth in the country.

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”Activation of Iraq’s National-Partnership Government, best scenario to settle its political crisis,” U.S. Ambassador tells Aswat al-Iraq
5/31/2011 2:26 PM

Ambassador to Baghdad, James Jeffery, has proposed on the Iraqi politicians on Tuesday to activate the government of broad national-partnership that was formed after the last elections, instead of looking for “new scenarios” to settle the crisis, denying the existence of negotiations with the Iraqi government for the extension of the U.S.  troops presence in the country.

The U.S. Ambassador’s statement took place while answering a question by a number of Iraqi media sources, including Aswat al-Iraq, on Monday, about possible scenarios to settle the current political crisis among the political blocs, through holding early elections.

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The day on which the project is approved, it means that Iraq has walked in the path of stability and progress - Dr. Mohammed Saleh

May 16, 2011 - Adviser said the CBI appearance of Dr. Mohammed Saleh, “The draft raise three zeros from Iraqi dinar is a strategic project and it has no effect on purchasing power, or incomes of citizens, but will enhance the value and strengthens Iraq’s relations economic ties with other countries,” urged the economists to “postpone the adoption of law and conducting extensive studies on it because of the threat to the Iraqi economy. “

Saleh added on the sidelines of the symposium organized by the Faculty of Management and Economics at the University of Babylon, recently carried the title (raise zeros from Iraqi dinar and its negative and positive), “The project, which conducted many scientific symposiums between specialists of the saturation of research and audit will also contribute to reducing transaction costs and reduces the carry cash and that the pros have it involves much more than the potential disadvantages “

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Under the auspices of His Excellency the Minister of Finance

Bank of Iraq celebrated the seventieth anniversary of its foundation and Issawi emphasizes the need to redouble efforts to catch up with global banks

Was attended by His Excellency the Minister of Finance Dr. Rafie al-Issawi a party hosted by Bank of Iraq in the seventieth anniversary of its founding and through al-Issawi was confident in the management of the bank’s long history and all its employees.

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31/05/2011 14:59
iyad allawiBaghdad, May 31 (AKnews) – Al-Iraqiya, led by former Prime Minister Ayad Allawi, will hold a “crucial” meeting today to determine its position following last night’s “disappointing” meeting with the ruling National Coalition (NC), said a deputy from the list.

The two blocs met yesterday in a bid to resolve the current crisis over the allocation of Iraq’s three security ministries and the formation of the National Council for Strategic Policies (NCSP) by returning to the power-sharing agreements signed between the political blocs in Erbil prior to the formation of the current government in December.

Al-Iraqiya’s Ziad al-Thareb told AKnews that the leaders of the al-Iraqiya list will meet to assess the results of the negotiating committees after yesterday’s meeting and set a time limit for the NC to submit a concrete proposal.

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The effects of port «Mubarak» on the navigation will appear within weeks


House convenes a special session on 13 June to discuss a port of Mubarak to attend the Foreign Ministers and transport, in ports has revealed that the Kuwaiti port impacts Iraq will start shipping channel in the coming weeks.

A parliamentary source said ”, “ morning for that meeting House on 13 June next will search among the options to be taken, and examine the results of the Iraqi delegation’s visit to the State of Kuwait Government.

Source: parliamentary resolution to “ will take during the meeting, which will detect maps and charts showing how much damage in Iraq by establishing the port ”.

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Iraq List announces suspension of its ministers to attend meetings of the Council of Ministers

Revealed the Iraqi List, Tuesday, the suspension of the presence of the ministers in the Cabinet meetings because of failure to indicate the position of the National Alliance to previous questions to the list.

Said Rep. Nahida Daini in an interview that “the Iraqi List, has decided to suspend the presence of the Minister for the meetings of the Council of Ministers of the day and until further notice”.

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05/30/2011
Baghdad financial stresses open the window of the Islamic banks in Iraq during the next two weeks

Held the Minister of Finance Dr. Rafie al-Issawi a meeting of directors of Iraqi banks and insurance companies have been directors of the final steps of the research project window of the Islamic, The Minister reiterated that the next two weeks will start this program.

The Ministry of Finance has resolved to adopt a window of the Islamic part of its plan for 2011 to facilitate banking operations and in accordance with the provisions of Islamic law.

They also discussed the possibility of opening an insurance company system of social solidarity, a system approved the provisions of Islamic law and also place him in biting the countries of the region .

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Parliament currently lists 79 bills registered for consideration with a committee but not yet voted on, 68 which have been through the first reading in parliament , but only 32 which have been through the second . A bill must pass through three “readings” to become law. Some key bills which are on the latter list – those presumably close to becoming law – are listed below.

But note that a disproportionate amount of bills which are not generally considered high-priority have progressed while others have not (i.e. the law on official holidays is through the second reading but the oil law is still in committee).

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Tuesday, 31 May 2011

Announced that the Iraqi List led by Iyad Allawi, for the failure of negotiations with a coalition of state law and suspension, and charged with the responsibility of the latter, it confirmed that its leadership would meet today to take the necessary decision and determine its final position.

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Palm – accused the Kuwaiti ambassador to Iraq, Monday, some members of the Iraqi Council of Representatives and the Council of the nation of Kuwait and the Iraqi media of fomenting the situation between the two countries between the stage and another, and as confirmed that the debt owed by Iraq back to periods before the reign of Saddam Hussein’s regime, emphasized the lack of the possibility of cancellation without a law passed in the legislature.

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The latest daily currency auction was held in the Central Bank of Iraq on the 31-MAY-2011. The results were as follows:

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DETAILS NOTES
Number of banks 18
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 140,242,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 140,242,000
Total offers for selling (US$) —–

Baghdad (news) .. met Foreign Minister Hoshyar Zebari, James Jeffrey, the U.S. ambassador to Iraq, and Megan Sullivan, the political advisor to former U.S. President.

And said a Foreign Ministry statement received Agency (news) a copy of it on Monday: During the meeting, review the relationship between the two sides of Iraq and the U.S. in its various aspects after the withdrawal of U.S. troops the end of 2011, and to consider the prospects of developing them to meet the implementation of the strategic framework agreement signed between the two countries in 2008 .

Also addressed the meeting, according to the statement, to the future role which will play Iraq in the light of developments and political changes taking place in the region, and in this regard have been invited to Zebari by Sullivan to meet and address the professors and students of Harvard University in the United States, and promised sovereignty meeting them at the earliest possible opportunity

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Baghdad (news) .. The U.S. ambassador in Iraq, James Jeffrey, that the opinion of the political forces or the withdrawal of U.S. forces to remain in Iraq is clear and non-declared, warning at the same time from the control of al Qaeda and Iran on Iraq after withdrawal

Or in case of lack of control over the security situation, pointing out that “the security situation in Iraq remains difficult,” and called on the Sadrist movement to renounce violence.

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Iyad AllawiBaghdad, 30 May (Rn) – The Iraqi List led by former Prime Minister Iyad Allawi on Monday night to suspend its negotiations with the National Alliance for “non-responsiveness” to its demands.

A spokesman for the list Shaker Book of the Kurdistan News Agency (Rn) that “the Iraqi List, announced today the suspension of negotiations with the National Alliance because of lack of responsiveness to the demands made by the list during the past few days.”

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30/05/2011 12:57

The Prime Minister, Nuri Kamal al-Maliki on Monday, a written message from his French counterpart Francois Fillon included an invitation to visit Paris. According to a statement from Maliki’s office got news agency future (and with) a copy of it:

“The al-Maliki received a French delegation comprising representatives from the Ministry of Defence as well as number of representatives of French arms companies. ” The statement quoted Maliki as saying: “The doors are open to All French companies to enter Iraq and to participate in the process of construction and reconstruction, “stressing the need to expand bilateral cooperation between Iraq and France in all fields, particularly industrial and military.

For his part, the French delegation hoped to exert maximum efforts in order to work in Iraq and participate in the process of construction and reconstruction, stressing the French government’s keenness to promote bilateral relations.

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Called the Islamic Supreme Council, led by Ammar al-Hakim, on Monday, the political blocs in control of the Iraqi political scene avoiding their differences out of the current crisis or restructuring of the Iraqi state, through the formation of the Government of a political majority as another option be better than staying in the government of “political debate”, while warned of a strong backlash from the Iraqi people.

The leader of the Council Abdul Hussein Abtan in an interview with “Alsumaria News”, “The current political crisis gripping the country will affect the advancement of Iraq and will increase the suffering of his people,” and urged the political blocs in control of the Iraqi political scene to “avoid disputes and pay attention to the suffering of Iraqi citizens and out of this crisis. “

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Allawi8

Iyad Allawi

Confirmed the Iraqi List led by Iyad Allawi, on Monday, it will take a firm decision today to stay in the political process or the suspension of its membership, while refusing to attend the meeting attributed the representatives of the political blocs today for not being content with the answers provided by the National Alliance and not reacting positively to the initiative and past meetings.

The MP said the menu Muhammad Khaldi in an interview for “Alsumaria News”, “the Iraqi List, its order will be resolved today, and will make a decision either to stay in the political process or the suspension of its membership.”

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Iraqi currency, MONEY, Para, iraq moneyBaghdad, 30 May (Rn) – The Central Bank of Iraq adviser said on Monday that the Bank is working to activate the regional monetary agreements with neighboring countries to contribute to the development of the economic reality in the country.

He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the CBI in connection with activation of regional agreements with neighboring countries in the meetings of the Arab Monetary Fund annual”, pointing out that “Iraq is an active member of the Fund to expand the monetary policy for Iraq.”

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Detect a coalition of law led by Nuri al-Maliki, on Monday, that the political blocs in today’s meeting will discuss issues and political matters exclusively within the Iraqi constitution, pointing out that the meeting will be important and decisive role of the political blocs.

The MP said Faleh Al Sultan in an interview (twilight) “The political blocs have held an important meeting this afternoon in Baghdad to discuss the issues and outstanding matters and to activate some of the items in the political agreements.”

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Vice President Tareq al-Hashemi, “The State is obliged to provide a decent life for citizens.”

A statement issued by Hashemi’s office received by all of Iraq, [where] a copy of it on Monday “to confirm al-Hashemi during a meeting with a delegation of elders and notables of the families of the northern Babil province, the need to build state protects human rights and preserve the dignity of the citizen and the unity and integrity of the land of the country,”

He added that “al-Hashemi also emphasized the necessity of activating the social institutions and activate its role in monitoring government performance and contribute to the Halhp obstacles and the elimination of administrative and financial corruption and ways to promote the reconstruction of the country and the government’s support for the agricultural sector”

He said that “al-Hashemi listen during the meeting, the most important problems and concerns related to lack of services and widespread unemployment

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adnan_al_danbousA member of the House of Representatives for the Iraqi List, Adnan Aldenbos that “the Iraqi List, boycotted the meeting today in Rose’s house and asked Nuri Sawic postponed to another time.”

He told all of Iraq, [where] today that “the delegation of the Iraqi List, will not attend the meeting because of lack of response from the law of the proposed solutions to outstanding issues and the lack of sincere intentions to resolve these files.”

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