The wealth of rich families in the region and the world adversely affected by weaker U.S. dollar against other currencies
Affect the overall continued weakness of the dollar against other currencies, in assessing the wealth of rich families in the world at large, and the Arab region in particular. And grow the wealth of Arab families are usually with high oil prices and the accumulation of financial surpluses that result from that, and encourages Governments to expansion in spending on vital projects in the sectors of infrastructure, which will reflect positively on economic growth in Arab countries, especially the ones of the Petroleum Exporting .
Archive for June 7, 2011
Gulf Currencies may re-evaluate dollar peg to offset inflation; Arab oil rich families assets in danger of sliding USD
Posted: June 7, 2011 in Euro, GCC, Iraqi Dinar/Politics, US EconomyTags: Arab states of the Persian Gulf, Arab World, Boston Consulting Group, Business and Economy, middle east, OPEC, Saudi Arabia, United States
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Central Bank Governor of Saudi Arabia: Moving steady to a single Gulf Currency
Posted: June 7, 2011 in GCCTags: Ali Abdullah Saleh, Government, middle east, Riyadh, Saudi Arabia, Saudi Arabian Monetary Agency, United States, Yemen
Governor of the Saudi currency: moving steadily towards a single Gulf currency and Jasser expected recovery of the global economy with cautious optimism
June 7, 2011: The governor of Saudi Arabian Monetary Agency (central bank) said that the current outlook for the global economy imply that the global economy continues to recover gradually from the effects of the financial crisis, which is dominated by cautious optimism, with some forecasts positive growth in most countries of the Group of Twenty .
He stressed that work is continuing for the Gulf monetary union standard, and through the schedule to it, pointing out that the project is a historic and important, and there is political commitment, social, and walking a steady pace, confirming that the project was a technical first-class, spoiled on the European currency and its consequences, as in Currently, how the commitment of European countries in the debts of a member of the currency, pointing out that the errors of European countries learn from the Gulf States .
Fayad: Maliki is determined to resolve the security ministries during the next legislative term
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Ayad Allawi, Defence minister, iraqi list, Maliki, Ministry of Defence, Nouri al-Maliki, Prime Minister of Iraq, Saadoun al-Dulaimi
07-06-2011
The MP said the coalition of state law Ali Fayad, “Prime Minister Nuri Kamal al-Maliki is determined to resolve the security ministries during the next legislative term by asking the candidates to the parliament,” he said, adding that he and the candidate obtaining a majority of the the vote would get the job.
CBI: Activating tax law does not contribute to the size of inflation in the country
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, Central Bank of Iraq, Economy of Iraq, Finance Ministry, Inflation, Iraq, middle east, Monetary policy, tax
Baghdad, June 7 (Rn) – The Central Bank of Iraq, Tuesday, that the activation of non-tax law does not affect the increase of the rate of inflation in the country, noting that the volatility of oil prices due to political changes in some countries cause to raise inflation in the Iraqi economy.
The adviser said the ministry the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the increase of the level of inflation in the Iraqi economy has nothing to do for not activating the law of national taxes by the government, but because of Atemtd Iraq’s total oil prices fluctuating because of the instability of some countries.”
State of Law bloc: We could resolve security ministries if Iraqi List would not object
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Defence minister, Iraq, iraqi list, Maliki, Ministry of Defence, National security, Nouri al-Maliki, Saadoun al-Dulaimi
Tuesday June 7, 2011
Leading the state law is likely to resolve the issue of security ministries beginning of the next legislative term
BAGHDAD – The Feed – most likely leading the coalition of state law resolve the issue of security ministries beginning of the next legislative term, expressing at the same time not optimistic about an end to the file due to the actions of the Iraqi List.
A member of the coalition, Khalid al-Asadi, “The Parliament has resolved the subject of security ministries at the beginning of legislative term, although the Iraqi to let us much room for optimism in this matter.”
US pays Iraqi tribes to clear highways of debris and IED’s despite ban
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Iraq, middle east, Muqtada al-Sadr, New York Times, Nouri al-Maliki, United States, United States armed forces, Warfare and Conflict
U.S. paying tribal chiefs for security despite ban
Erbil, June 7 (AKnews) – Tribal leaders in Iraq are receiving $10,000 a month each from the U.S. in an underhand move to pay for security services.
Officially the ten chiefs are receiving the payments to clear rubbish from the sides of a 160-mile road through the dessert.
But the highway being cleared is the one that will be used by U.S. troops as they withdraw from Iraq later this year, and the people employed from the tribes are really looking for improvised explosive devices (IEDs).
An agreement signed by Iraq and the U.S. bans the Americans from paying tribal leaders to provide security.
Obama worried about deterioration of security in Iraq; Calling for the appointment of security ministers
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Arbil, Baghdad, Barack Obama, Iraq, Iraqi Kurdistan, Massoud Barzani, United States, United States Ambassador to Iraq
Pres. Obama
BAGHDAD (Agencies): President Barack Obama’s concern about the deteriorating security situation in Iraq, stressing the need to resolve the security ministries in accordance with the maturity that has been agreed upon. And the concern of the U.S. president moved the U.S. ambassador to Iraq, James Jeffrey to the President of Iraq’s Kurdistan region Massoud Barzani, during a briefing to bring them together in the resort of Salahuddin in Irbil on Monday.
According to a release from the presidency of the province said Tuesday that Jeffrey concern President Barack Obama and Vice President of situations from deteriorating security in Iraq, and its emphasis on the need to fill in the ministries of security and in accordance with the maturity that has been agreed upon.
Wednesday demonstrations are postponed as Maliki meets with representatives
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Baghdad, Demonstration (people), Government, History, Iraq, Maliki, Nasiriyah, Nouri al-Maliki
Postponement of a demonstration Wednesday in Nasiriya .. after Prime Minister’s initiative to meet directly with representatives of the demonstration to meet the demands
The Bureau of the virtuous in the Nasiriyah group delay Tzhardh assessed on Wednesday after the initiative of Prime Minister Nuri al-Maliki’s meeting with representatives of the demonstration and direct action to meet the demands that will emerge from the event for it and stand on the suffering of the people of the province.
CBI Daily Currency Auction June 7, 2011: $122 million
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Auction, Business and Economy, Central Bank of Iraq, Dinar, exchange rate, Iraq, middle east, Price
The latest daily currency auction was held in the Central Bank of Iraq on the 7-JUN-2011. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 16 |
| Auction price selling dinar / US$ | 1170 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 122,070,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 122,070,000 |
| Total offers for selling (US$) | —– |
Seminar for the development of government performance management
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: audit, Business, economy, Employment, IBM, Management, Performance management, Regulation
June 7 2011
Invitations to local quicker economic growth
A number of relevant specialists and administrative importance of accounting knowledge of modern methods in all aspects of administrative and regulatory accounting and to achieve economic advancement in all productive and service sectors and their impact on styles and techniques that will help to continuously improve the performance, which in turn will affect positively to raise efficiency and improve service quality and revive the local economy, during the symposium held by Association of accountants and Auditors to develop government performance management and improvement of the quality of the services after a period of 100 days.
The end of the Hundred Days will be followed by an assessment of the work of the ministries and its light will reduce the number of ministries
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Hundred Days, Iraq, iraqi list, Iraqi people, Member of Parliament, national coalition, Nouri al-Maliki, prime minister
Finds that the decision of the House of Representatives period of one hundred days, which ended today was for the purpose of relative valuation of the work of ministries and institutions associated with them, and
This assessment is carried out through technical reports submitted by committees to the Council of Ministers, and after it is discussed with the minister had the presidency will be considered in the success of the work of the ministries.
Iraq may try to reclaim lost territory along Kuwait border
Posted: June 7, 2011 in Iraqi Dinar/PoliticsTags: Iraq, iraqi list, kuwait, Safwan, un resolution 833, UN Security Council, United Nations Security Council
Iraq-Kuwait Border
Claims representative to restore land lost Iraq by the previous agreements
Returned the issue of loss of Iraq’s 20,000 kilometers of its territory by the previous agreements with neighboring countries, to the forefront, where lawmakers have demanded in a statement the “morning”, to intensify its diplomatic work and the formation of high-level committees to restore these lands.
The MP said the Iraqi List, Hassan Khudair Chuird Hamdani, a member of the Foreign Relations Committee in Parliament: “The border between Iraq and Kuwait, until the year 1993 have not been determined or actual formal and legal but also established based on measuring the distance of two miles and a half miles in the desert between Iraq and Kuwait last Palm on the land of the country, “noting that” what happened, 20 thousand kilometers of Iraqi territory had been taken under duress, urging at the same time that there would be committees at a high level of re-demarcation of borders with all neighboring countries formal and clear.
