Archive for July 24, 2011

24.07.2011

Announced that the Economic Committee in the Iraqi parliament close to approving a bill the reconstruction of infrastructure and the development of service sectors, which was approved by the Iraqi government two years ago and has allocated $ 70 billion, but it is not passed in the previous parliamentary session and caused for a lot of debate within the parliament.

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24.07.2011

Prime Ministers of Iraq and Kuwait in BaghdadBack views of the Iraqi – Kuwaiti different to the interface information with the stresses in the tone of offering both positions are an end finally Magazine senior U.S. to be described as “a war of words.”

Baghdad, Kuwait, managed through the years that followed the fall of Saddam Hussein’s regime from a long way on the road to normalization of relations which seems to be the painful memories of the invasion are still Tekrha especially on the Kuwaiti side demands guarantees a sure not to override state sovereignty in order not to repeat any Iraqi government in the future adventure of the former regime.

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KUWAIT: A coalition of political groups in the Iraqi Parliament has called on Kuwait to review its stance towards Baghdad to avoid more tension in the region.
Iraqi MP Jawad Al-Bolani called upon Kuwait yesterday to review its position on Iraq, warning that if Kuwait continues its current policy, which he said is harmful to Iraq, this could might create a state of tension in the region. He added that threatening language does not solve problems, adding that pausing and resolving all outstanding problems is the only guarantee of building good relations between the neighbors.

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In the run up to the bitter pillaging of Kuwait by Iraq two decades ago on August 2, 1991, a day which will forever be etched in Kuwaitis’ collective memory, both sides, especially Iraq, seem to have not buried the hatchet.

On the contrary, a Cold war between the two rivals is brewing. This comes at a very critical juncture and brought out all the pent-up anger and the frustrations harboured by Kuwaitis.

It reminds Kuwaitis their problem was not with Saddam Hussain, who is long dead and buried, but rather with Iraq as a system, entity, neighbour and people. This is unfortunate, especially with the seeming thaw of tensions and high-level visits by officials of both countries in the last few months. Kuwait’s Prime Minister Shaikh Nasser Al Mohammad Al Sabah visited Iraq in January and Iraq’s Prime Minister Nouri Al Maliki visited Kuwait in a symbolic gesture to mark Kuwait’s celebration of its 50th anniversary of independence and, more importantly, the 20th anniversary of liberation from Iraq’s occupation.

Read more: http://bit.ly/r1vfdP

Date: July 24, 2011

Astronomical calculations show that to see the moons on the first Monday of August is the next lunar month of Ramadan in most Muslim countries.

The return of Mohamed Shawkat, head of the project to monitor the Islamic crescent that astronomical calculations show that most Islamic countries based sighting condition for the start of the lunar month.

He noted that for the crescent of Ramadan in some Muslim nations will be on Saturday 29 th August in those countries, including Gulf states, except the Sultanate of Oman and the Levant and Egypt.

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Banking expert’s (the future of Iraq): You must to keep the economy from political differences

Expert called a bank for political blocs to keep economic matters for their conflicts of political circuit and affecting the economy of helplessness and confusion, criticizing at the same time the government and the House of Representatives not to pass laws that help the private sector in the performance of economic role in the development of the country.

Said a specific Abdul Aziz owners managing director of the Bank of the Iraqi Islamic In a telephone conversation with (the future of Iraq): that the leaders of the blocks to distance economic affairs for political conflicts and the paralyzing confusion, especially as we are going to attract investments.

He called on owners to amend the investment law as vague and plagued by a lot of negatives.

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Sunday July 24, 2011 14:23 GMT

Alsumaria News / Baghdad announced that the Prime Minister, Sunday, close the application of tax law and customs tariff to include primarily the goods and imported goods, which can be manufactured locally, as indicated to the exclusion of goods with a direct contact with the lives of citizens.

The Economic Adviser to the Prime Minister Abdul Hussein Al-Anbuge in an interview “Alsumaria News”, “Tax Law and the Law on customs tariff is important, essential, and will be applied soon,” adding that “the more goods direct contact with the life of the citizen and which are inputs to production as raw materials or semi-manufactured is exempt from tax.” The Anbuge that ” more goods that are subject to tax and high levels are items that can be manufactured locally, but stalled because of competition and dumping, which is practiced upon by the imported goods, “pointing out that” the tax law is the law of correction will help the industries and local products a lot.”

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Date: July 23, 2011

Revealed adviser in the Iraqi government, for the Council of Ministers this week to discuss the revised version of the draft law of oil and gas, in preparation to be sent to the Congress for final ratification.

The government’s Energy Committee, headed by Deputy Prime Minister Hussein Shahristani, has handed over the middle of the cabinet this month, the draft law, after completing adjustments.

And the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise oil situation if approved.

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Growing stability in Iraq has inspired a burst of foreign investment, though eight years after the U.S. invasion — you know, the one the Bush administration launched to exploit Iraq’s oil and other resources — the United States remains a bit player, even trailing France. No irony there.

USA Today reported last week that foreign investment in Iraq is on track to double in 2011. The paper cited a report by Dunia Frontier Consultants that said Iraq attracted $45.6 billion in foreign investment in the first half of the year — about $3 billion more than all of 2010.

And at a recent World Bank forum, business leaders agreed that Iraq, having reached a level of political stability, is poised to emerge a business leader in the region. One expert called Iraq “the most exciting investment opportunity in the Middle East right now.”

Read More:  http://www.bostonherald.com/news/opinion/editorials/view/2011_0724iraq_investment_beckons/

Amman: China National Petroleum Corp, known as CNPC, yesterday started crude oil production from the Al Ahdab oil field in central Iraq, Iraqi oil officials said.

The officials said output is running at a rate of 40,000 barrels per day, and will rise to 60,000 barrels a day within the next few days. By the end of the year, the field, which has reserves of 1 billion barrels, should be producing 120,000 barrels, rising to 160,000 barrels a day by the end of 2012, the officials said.

Read More: http://gulfnews.com/business/oil-gas/china-begins-oil-production-in-iraq-1.842093

VietFinanceNews.com – Domestic gold prices surged to a new all-time high this week following a gaining streak in world prices. As gold exports remaining high and supply may go down, concerns have arisen over exchange rate instability and a hike in inflation.

At local gold shops, the precious metal traded at VND39.6 million (US$1,931) per tael late Tuesday afternoon, after world prices peaked at $1,605 per ounce. Domestic prices were recorded at VND39.57 million per tael Thursday morning. A tael is equal to 1.21 ounces.

World prices have surged since last week as debt worries in the US and Europe have intensified. Gold is considered a safe investment and usually gains at times of global economic uncertainty.

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VietFinanceNews.com – Vietnamese inflation accelerated for an 11th month in July after the central bank cut a key interest rate even as the nation faces the fastest price gains in Asia.

Consumer prices rose 22.16 percent from a year earlier, compared with June’s 20.82 percent pace, data released by the General Statistics Office in Hanoi showed today.

Prices climbed 1.17 percent from June.

The central bank reduced its repurchase rate to 14 percent from 15 percent on July 4 after a spate of increases since November to fight inflation, leading the International Monetary Fund to say the cut may confuse investors. The benchmark VN Index of stocks is down 16 percent this year, on concern price gains will hurt the economy.

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Iraq’s ambassador to the Arab League’s (range), resolved our issues with Kuwait through dialogue

On: Sun 07/24/2011 8:54

“Most Arabs Bouktaban speaking, this is known and clear, there is a visible and subsoil, in apparently says something in the sub-bent on something else,” This is what Iraq’s ambassador to the Arab League in the dialogue Qays al-Azzawi expanded with the “scope”,

He stressed that Iraq 22 years ago, did not chair a session of the Arab League states, “It is fortunate that The Iraq presidency of the session 134, and our work during this period, the achievements are very important, and I am proud that the Council of the League of Arab States and for the first time since 1945, meet in Iraq , “also dealt with other themes including, the outstanding issues with Kuwait and a U.S. withdrawal, and stood on the central issues in the light of Arab relations – Arab, and Arab – the world, in what follows the text of the second part of the dialogue.

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Baghdad (news) .. was considered an expert economic peace Sumaisem work to re-coin evidence of controlling inflation, as well as to improve the value of the Iraqi currency.

The central bank decided to introduce coins as part of his plan to restructure the currency, which requires government approval and the Council of Representatives as they plan strategy will contribute to support the value of the Iraqi dinar in the trading of Finance. “

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Varied readings economists Iraqis regarding the reasons for the high rate of inflation is the basis for the month of June, which amounted to 6.4% according to a statement the Iraqi Central Bank’s measure indicators of inflation.

In his analysis of the Radio Free Iraq on the impact of high inflation on the economies of the ordinary citizen and the general situation of the domestic market, said a researcher at the Center for Economic Studies, University of Mustansiriya Star-Bayati, “The actions of the General Authority for Customs judge would impose tax on the entry of imported goods, especially consumer of the reason the foundation in the high index of prices and thus higher inflation.”

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On: Sun 07/24/2011 13:33

Baghdad (News) .. The economic expert Abdul Hassan Shammari that the differences between Iraq and Kuwait will affect the movement of trade and economic exchanges of the two countries.

Al-Shammari said in a statement to the Agency (news) today: “The differences between Iraq and Kuwait, including the port of Mubarak and other border issues, debt and reparations and the issue of the ban on Iraqi Airways

Other issues will affect the movement of trade and economic exchanges between the two countries, “adding that” find work in the port of Faw since (2003) as a result of the political situation in Iraq has to make Kuwait a speed up to create Port Mubarak’s fear of Iraq’s port. “

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Allawi6

Iyad Allawi

Source for (full): Iraq’s Allawi will run for the position of Vice President, Hashemi, Minister of Defense

A source at the Iraqi List, the existence of a new proposal being currently circulated in the corridors of the list includes the nomination of al-Hashemi for the position of defense minister when the position will be Vice President of the Republic’s (Iyad Allawi).

The source said in a statement singled out by the news agency Dawn of Peace (full): that the proposal had been put on the rule of law in a meeting of leaders of blocs which will be held in the next few days.

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International experts visiting the Central Bureau of Statistics
2011-07-24 01:47:00

Seeks Central Bureau of Statistics in the framework of joint cooperation with UNDP for the UN to support and enhance capacity in the Iraqi government to modernize and develop the public sector in the field of Alnscheroalatar legal and statistical classification.

As reported by the project coordinator for the development of statistical system safety Mahmoud Mahdi told “Baghdad Post” that “the United Nations team visited the Central Bureau of Statistics for the purpose of preparing the strategy for deployment and data protection in Iraq, where was appointed and the selection of the United Nations Fund for Population – Office of Iraq as an administrator for the modernization and development establishing and building the statistical system in Iraq to support and develop the basic laws and protocols, methodologies and political foundations of the practice of statistical work and the mechanisms for disseminating data electronically. “

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Vice-QNB:
23/07/2011 16:18

BAGHDAD / Aswat al-Iraq: MP for the rule of law Abbas Hammoud, Saturday, giving the coalition a serious security ministries to the beneficiaries of the political blocs to end this suspense, calling on the parliamentary blocs to agree on the names chosen by Prime Minister Nuri al-Maliki.

He said Hammoud told (Voices of Iraq) that “the rule of law is serious to grant the security ministries to the beneficiaries of the political blocs and the end of this file commentator, which requires ministers incompetent and able to promote the security file,” noting that “the statement made ​​by the MP for the bloc Khalid al-Alwani, is an accurate because it provided the names and Prime Minister agreed to one of them but in turn rejected by Iraq. “

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The latest daily currency auction was held in the Central Bank of Iraq on the 24-JUL-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$) 125,130,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 125,130,000
Total offers for selling (US$) —–

Iraq: political blocs and Marathon reached the end of the consultation meetings
On: Saturday 23/07/2011 20:40

Confirmed member of the Iraqi Maysoon al the political blocs that reached the end of consultative meetings in Marathon. She’s Damluji (Citizen): “The files of contention between the leaders of the blocks will be decided at a meeting of leaders of blocs on Monday”

She added that “the Iraqi List, has provided a lot for the support and the success of political dialogues out of the political crisis.” Explaining that “the political process is facing many obstacles due to the failure of some blocks in achieving their commitments to the agreements of Arbil.”

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BAGHDAD (Agencies): parliamentary source, today announced that the House of Representatives will discuss during its 13-year second legislative session on Tuesday, the government program and the issue of the passport system number (2) for the year 2011, as well as first and second readings of a number of laws.

The source said that “the agenda of the meeting of the Council of Representatives of 13 of the legislative year the second to be held on Tuesday, including a discussion of the government program, and the issue of the passport system number (2) for the year 2011,” noting that “the meeting will see the first reading of the legal ratification of the Statute of the GEF Arab and IT crimes. “

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Baghdad, July 24 (Rn) – The economic adviser in the Iraqi government on Sunday that the Cabinet began to study the legal objections to the contract signed by Iraq with the Dutch company Shell and its partner, Japan’s Mitsubishi to develop the gas associated with oil fields in the south of the country.

And signed the Iraqi Oil Ministry on 13 this month initialed a final contract with the Dutch Shell and its partner Mitsubishi of Japan $ 12 billion to invest in gas associated with oil fields in the South of the country.

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7/24/2011 2:48 PM

BAGHDAD / Aswat al-Iraq: A Legislature from the Middle Alliance have shouldered Iraq’s Prime Minister, Nouri al-Maliki, with responsibility for delays in the settlement of his security cabinet posts, calling on him to settle the dossier soonest.

“Prime Minister, Nouri al-Maliki, bears highest responsibility towards the settlement of his Cabinet’s security ministries dossier, due to his post as the Head of the Government, who should accelerate the settlement of the dossier,” Mohammed Iqbal told Aswat al-Iraq news agency.

Iqbal called for the necessity to settle the security cabinet posts dossier, saying: “the issue must come to an end, because a lot of matters depend on this dossier, including the formation of the National Council for Strategic Policies (NCSP) and the issue of the U.S. troops departure from Iraq, along with the problem of balancing.”

Differences have taken place since months over the candidates for security cabinet posts, that are still vacant and were held by Prime Minister Maliki on acting basis since Dec. 21 last year, especially the Interior and Defense Ministers posts, with the first being the share of Maliki’s National Coalition and the second of al-Iraqiya Bloc, led by Iyad Allawi, with each side rejecting the candidate of the other.

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