Archive for July 6, 2011

Economic Commission coordinate between the company (Edvaiza) and the Central Bank to develop a mechanism to finance projects

Baghdad (news) .. trying to economic and investment commission to provide a parliamentary meeting between the company (Edvaiza) and the Swiss central bank governor to develop a mechanism to fund strategic projects and ensure the government.

A member of the Committee of Economy and Investment and parliamentary deputy / National Alliance / Amer al-Fayez told the reporter Agency (news) said Wednesday: “We met a number of foreign delegations including the U.S. Chamber of Commerce and the World Bank and the company (Edvaiza) Swiss, which includes a group of banks from the U.S., Canada and Switzerland and France to provide a meeting between them and the Governor of the Central Bank in order to develop a mechanism to fund strategic projects and to ensure a government, pointing out that we have achieved a meeting with Transport Minister Hadi al-Amiri. “ (more…)

The US ambassador in Baghdad said on Saturday that the State Department has asked for a $6.2 billion budget for Iraq in 2012, underscoring that its oil and gas reserves were critical for the world’s future energy needs.

“This country is on a glide path to increase its oil exports,” Ambassador James Jeffrey told reporters at the sprawling US embassy in Baghdad, the world’s largest.

The embassy plans to double in size next year to 16,000 personnel, when it takes over many military tasks after US troops pull out of Iraq at the end of this year, including military sales and training of Iraqi security forces.

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Businessmen Union: the impact of inflation on the stock market

Baghdad (news) .. The head of the Union men of Iraq, Hamid punitive to the lack of a clear vision, adding to inflation in the Iraqi markets and the impact mainly on the stock market.

He said punitive in a statement to the Agency (news) today: the lack of clear vision in the Iraqi economy as well as inflation in the markets and the security side, weak infrastructure, factors that helped to lack of activity of the stock market of Iraq, noting that the stock market related investment, whether was a foreign or local.

He added that the lack of activity of this market is not related to capitalized banks, the more increase banks’ capital market is active .

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Salih: Banking sector holding back economy
Erbil, July 6 (AKnews) – Kurdistan Prime Minister, Barham Salih, said today that the development of the economy is being held back by a poor banking sector.

Speaking exclusively to AKnews at a visit to their offices, he said that it is one of the main factors blocking foreign investment in the region.

“We are trying to encourage international banks to operate in Kurdistan, because at present we do not have a world class sector,” he said.

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Sums of moneyBaghdad, July 6 (Rn) – The Central Bank of Iraq, Wednesday, that 20 private banks began to work according to the electronic clearing system, noting that there are efforts to introduce government banks in this system.

The central bank announced last February that six private banks began using the electronic clearing system.

The central bank adviser said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the 20 banks began to work according to the electronic clearing system is an important step for the development of the payments system in the country and the mechanisms of private and state banks.”

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Asked the Transport Ministry, on Wednesday, the Kuwaiti government to find an alternative site for the establishment of the port of Al-Mubarak, reaffirming that in the event that the project was created in its decision would harm relations the two countries.

The Iraqi Transport Minister Hadi al-Amiri told a press conference in Baghdad attended by “Alsumaria News”, “Iraq does not mind at Kuwait Port blessed to be in the alternative to scheduled so as not to affect Iraq,” and urged the Kuwaiti government to “stop on the subject Active construction set. “

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White House spokesman: to Iraq a little time to apply for U.S. troops to stay in the country

Said White House spokesman Jay Carney to Iraq a little time to apply for U.S. troops to stay in the country after the end of this year.

Carney said that his country is waiting to see if the Iraqi government will request an extension because time is running out and we are now in the month of July. He added that U.S. forces move forward in their preparations to leave Iraq by the atheist and the thirtieth of December next, in accordance with the security agreement, and continues to work according to schedule.

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The latest daily currency auction was held in the Central Bank of Iraq on the 6-JULY -2011. The results were as follows:

DETAILS NOTES
Number of banks 17
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 154,730,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 154,730,000
Total offers for selling (US$) —–

Baghdad agreed to head the Republic and the Iraqi Council of Representatives, Wednesday, at a meeting of leaders of political blocs next Saturday, is designed to activate the agreements Erbil and work together and bridge the gap in views between the political parties.

A statement issued by the Iraqi Council of Representatives today, and received “Alsumaria News” copy of which was that “President Jalal Talabani and Parliament Speaker Osama Najafi, in search of political developments in the country and agreed to hold a meeting of leaders of political blocs to activate the agreements Erbil and work together and bring the views of all political parties,” noting that they “identified Saturday as the date for the meeting at the headquarters of the establishment of the President of the Republic. “

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Announced as President of the Republic and the Iraqi Council of Representatives, Wednesday, Saturday to set a date for the meeting of leaders of political blocs.

A statement issued by the Office of the President of the Council of Representatives received (Twilight) a copy of The Osama Najafi discussed with President Jalal Talabani, the country’s political developments and the ongoing efforts to hold a meeting of leaders of political blocs.

The statement added that the two sides agreed to set next Saturday as the date for the meeting of the political blocs in the residence of the President in the presence of the President of the Council of Representatives, and to activate the agreements Erbil and work together to bring the views of all political parties.

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Allawi’s visit to the (NATO), the differences and re-ignite a war of words between Iraq and the rule of law
Allawi's visit to the (NATO), the differences and re-ignite a war of words between Iraq and the rule of law

Statements of the leader of the Iraqi List, Iyad Allawi, which accused the government of failing to deliver services and security and economic growth during the Conference establish the Middle East, held in Italy on Tuesday, justified a spokesman for the Iraqi List Haider Mulla said in an exclusive interview with (adequate) that it did not violate the Constitution which allows freedom evaluate government performance and diagnose failures, Mulla said: that the president of a coalition of the right to show the Iraqi List, in his opinion the performance of the government and determine observations on the performance and diagnose failures with the government pointing out that the statements are in line with the Constitution and Iraqi law.

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Transport warns of the construction of the port of Kuwait, Mubarak in his decision

Baghdad, July 6 (Rn) – warned that Iraq’s transport ministry on Wednesday, the Government of Kuwait of the danger of construction of the port of Mubarak in the position specified above, confirming that the construction of the port will affect the relations of the two countries.

The strained relations between the two neighboring countries last month over the decision to the Kuwaiti authorities build a port near the holy from the port of Khor Abdullah in Basra, southern Iraq, and the latter project is considered to affect Kuwait on its path of water in the Persian Gulf.

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WASHINGTON (Agencies): Male, White House spokesman Jay Carney that the United States has not yet received a request to keep the troops on Iraqi territory after the end of this year and last to the date of the withdrawal of U.S. troops from Iraq.

Lord Carney during a press conference on the question of whether the administration of President Barack Obama intends to offer to keep troops in Iraq after the end of the year, he said: “Our plan is to implement Mujbatna with the Iraqi government and require the withdrawal of all U.S. forces by the end of the current year, and we are determined to abide agreement and we are going in this path. “

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The leader of the Islamic Supreme Council of Jalal al-Saghir, Tuesday, that the visit by U.S. Vice President Joe Biden’s expected visit to Iraq will come to resolve issues related to the departure of U.S. troops from Iraq by end of this year, according to the agreement signed between Baghdad and Washington expected that his visit would not be related to the subject of the establishment of regions raised in the media recently, including raised or House Speaker Osama al

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Disclosure of names of the ministers included Baltrchiq Ministerial

Start of the political blocs as of next week’s talks feminine government after Prime Minister Nuri al-Maliki about his vision for the National Alliance Limbering which it belongs.

According to the vision of al-Maliki, the ministries that will remain will be 28 ministries as they will be reducing its 15 ministries, mostly from the ministries of the State in addition to the possibility of merging some ministries, will Prime Minister Nuri al-Maliki to submit a formal request to the Presidency of the parliament of the feminine in order to be put the issue on the political blocs and to obtain their consent .

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Iraqi List: No feminine government before the implementation of the terms of the Erbil

Condition of leadership in the movement of reconciliation and the representative of the Iraqi coalition Iskandar and berries implementation of the remaining items of the Convention on Arbil, and then are going to activate Limbering government. The political body of the National Alliance, has approved the proposal feminine Iraqi government and the abolition of the ministries of the State upon a proposal of Prime Minister Nuri Al-Maliki.

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Erbil, July 6 (Aknews) – The U.S. is willing to leave as many as 10,000 soldiers on Iraqi soil after the end of year deadline for withdrawal, U.S. media has reported.

Any extension would require a formal request from the Iraqi government, which is by no means certain. The ruling coalition is deeply divided about whether to call for troops to stay.

The U.S. administration has indicated that time is running out for the Iraqi government to make a decision one way or the other.

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