Archive for June 1, 2011

WASHINGTON, DC
Wednesday, June 1, 2011

A House Foreign Affairs Subcommittee conducted a hearing on Iraq. Government officials from State Department, USAID and the Defense Department discussed the U.S. strategy in Iraq as well as the upcoming troop withdrawal transition period. All U.S. military forces are scheduled to leave Iraq by December 31st, 2011. Rep. Steve Chabot (R-OH) chairs this Foreign Affairs Subcommittee hearing.

Part 1: 
http://cs.pn/jrZk5D

Part 2: 
http://cs.pn/kC416S

Erbil, June 1 (AKnews) – According to Kuwaiti media, Kuwait is not interested in intelligence operations in Iraq.

A Kuwaiti newspaper quoted unnamed sources that were described as “informed” and said that Kuwait does not want to spy on his northern neighbor.

“The Iraqis should better search for other countries’ intelligence in their territory and respond to them”, the sources was quoted with assumption of Iranian intelligence actions in Iraq.

The remarks were a response on Iraqi MP Aziz Sharif al-Mayahi who said in an interview on Sunday, Iraqi responses on Kuwaiti intelligence operations in Iraq would be “tough” and bilateral relations would come to an end, if evidence was found.

(more…)

Demonstration of electricity in WasitErbil, June 1 (Rn) – The Iraqi bloggers on social networking sites in particular “facebook” They will return to demonstrate after the deadline set by Prime Minister Nuri al-Maliki to improve the performance of his government, which will expire after about a week.

And dissemination of bloggers on their pages in “Facebook” invitations to demonstrate doubly against the promises of Prime Minister Nuri al-Maliki, and some of them said that it promises “false”.

It is likely, analysts said the Maliki’s calls for a reshuffle or “feminine” in the ministries in an attempt to avert the anger of the population percent after a period of days.

(more…)

Source close to Maliki says its unlikely to achieve major breakthroughs during the Hundred Days and the PM is expected to isolate Almtlkiin

Ruled out close to Maliki, on Wednesday, to achieve major breakthroughs by the ministries within a hundred days set by Prime Minister Nuri al-Maliki, while pointed to the possibility of isolating some ministers Almtlkiin, confirmed the presence of political agendas behind the suggestion that the government will solve all the problems in that period.

The leader of the state law Hassan Sinead, said in an interview for a number of media, including “Alsumaria News” during his visit to the province of Karbala, said that “time-out per cent a day set by the Prime Minister to assess the performance of government were designed to shape the work during the remaining years of the life of the government,” He pointed out that “significant achievements during this period is unlikely.”

(more…)

01/06/2011

Foreign direct investment in the oil sector as a requirement for economic reform: means foreign investment in general the companies or foreign individuals establish projects with local investors from the private and public sectors in any field related to economic activities.

In the Iraqi oil sector specifically intended to foreign direct investment by foreign oil companies establish investment projects, whether exploratory or developmental partnership with the public sector, according to a formula I have an investment certain is the Iraqi oil sector of the main sectors attracting FDI and for the benefits of the following:

Advantages of Iraq’s oil:
Characterized by the Iraqi oil pay an economic advantages to attract foreign investment in this sector and these features are as follows: (more…)

Ibrahim al-BaghdadiBeirut, June 1 – The Iraqi National Business Council Wednesday that the country on the verge of “great economic revolution” turning into a center of attraction for Arab investment and regional levels.

He declined a lot of investors are pumping money into projects within Iraq because of the violence that followed the fall of the former regime in the spring of 2003, and the political crisis that lasted for most of 2010 until a new government formed an incomplete last December.

He urged Iraq on several occasions, Arab businessmen to invest in their land, confirming the existence of facilities that will attract a lot of them into the country and check them interest.

(more…)

Posted 01/06/2011 12:00 PM

BAGHDAD (Babuz): Iraqi bloc warned that failure to implement the agreements of Arbil on national partnership will be paid to call for early elections and said it had decided to send it to al-Maliki asking for implementation of the four demands

And Ashat block Iraqi in a press statement about its recent negotiations with a coalition of state law that based on the stalled round of negotiations this has met with leaders of the Iraqi bloc and evaluated the political situation and have decided to suspend the presence of the delegation of the Iraqi negotiating the future to accommodate a coalition of state law to legitimate demands within the framework of agreements the initiative of Mr. Massoud Barzani.

(more…)


Allurentis has commenced planning towards the 2012 edition of ‘The New Iraq – Discovering Business’, which will be published in October this year. This will be the third edition allurentis has produced of the Iraq investment guide.

The publication has become the must have reference to doing business in Iraq and is endorsed by the National Investment Commission of Iraq (NIC) and UK Trade and Investment (UKTI). ‘The New Iraq’ is distributed through the NIC, UKTI, government departments, international embassies as well as pertinent Iraq conferences, seminars, trade associations and selected airport lounges and hotels.

Download PDF Copy by Following this Link: 
http://bit.ly/mc0tbx

Announced that the Iraqi List led by Iyad Allawi, on Wednesday, to suspend negotiations with a coalition of state law, officially, until the implementation of the Convention on the demands of the terms of Irbil, which have attracted the need to agree on its candidate for the post of Minister of Defense and speed up the enactment of the Policy Board.

The leader of Iraq’s Tareq al-Hashemi said in a statement read today, after meeting the leaders of the list, and attended “Alsumaria News,” that “Iraqi leaders have decided to suspend negotiations with the state law, until the latter responds to the demands of the legitimate Iraqi Conventions initiative Barzani.”

(more…)

Financial stresses that it is launching debts owed by Iraq

The Ministry of Finance of Iraq, on Wednesday, it will launch the funds Bzmtha to the Egyptian government, indicating that the Council of Ministers approved the disbursement of funds exceeding a moratorium on the balance sheet of the Shiite financial savings derived from the increase in oil prices.

He said Finance Minister Rafie al-Issawi in an interview for “Alsumaria News”, “Egyptian debts dusty owed by Iraq is divided into two categories, first is the government debt and the second is the debt of the private sector (remittances yellow), which is not defined as a religion but is the money transferred was reserved in the Central Bank, “asserting that” Iraq would be the money that is negotiated with the Egyptian government Egyptian government debt according to the Paris Club agreement. “

(more…)

Considered the Iraqi List led by Iyad Allawi, on Wednesday, that the repudiation and cancel the agreement Irbil requires a return to square one and early elections with the end of the Hundred Days, which confirmed that the ability to manage the state, as pointed out that there is no real intentions of a coalition of state law to implement the full terms of the agreement emphasized that the boycott of the meetings of representatives of the political blocs came to the presence of distracting details of attempts to artificially delay the implementation of the objective of the agreement.

(more…)

Central Bank: Aqrarrf zeros from the currency maker .. and needs to work in the fields of

Baghdad (news) .. Central Bank of Iraq that the decision to raise zeros from the Iraqi currency maker, but he needs to work in a field.

And said Mstcharalpennek appearance of the central Mohammed Saleh in a statement to correspondent Agency (news) on Wednesday: “The decision to raise zeros from the Iraqi currency maker But he needs to work convicts at the level of banks and international accounts in addition to the withdrawal of old currency. “

(more…)

BAGHDAD (Iba) .. Revealed the Oil Ministry said Wednesday that Iraq exported an average of 2.225 million barrels per day in May, compared with 2.141 million barrels per day in April to its highest level since 2003.

The news agency Reuters news of the President of the State Oil Marketing Organisation (Somo) Falah al-Ameri said that Iraq exported 1.725 million barrels per day of oil hub of Basra in the south and 500 thousand barrels per day from the northern oil fields around Kirkuk, including ten of thousands of barrels per day by truck to Jordan .

Al-Ameri added that the average selling price was about $ 108 a barrel.

http://wp.me/pZC7o-8lV

Ali Alfalh: Allawi shot to the Council of the Strategic Policy and Disclaimer him and now accusing us of stalling

BAGHDAD (Iba) … A member of the House of Representatives for a coalition of state law Alfalh that Iraqi want positions and canceled Tomb Allawi about his public repudiation of the Policy Board, noting that the National Alliance received a Feb. 23 request, declaring to Allawi, it was announced that he is not concerned with the National Council does not want and that he responded to the desire of 500 000 of supporters who called for him to step down with him.

(more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 1-JUN-2011. The results were as follows:

DETAILS NOTES
Number of banks 22
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 163,956,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 163,956,000
Total offers for selling (US$) —–