Archive for August 1, 2011

CBI: Dont fear the dinar

Posted: August 1, 2011 in Iraqi Dinar/Politics
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01-08-2011
(Voice of Iraq) – Baghdad – Hisham Abdul Wahab
Confirmed adviser to the CBI the appearance of Mohammed Saleh, the «central bank sales of the currency stable and concerns on the value of the Iraqi dinar fall».

He said in a statement to «life»: «This supports the transparency of cash in the policy of the central Iraqi official interest rate in Iraq is closer to a guide to interest rates than a direct monetary mechanism, given the limited size of the banking sector and underdeveloped capital markets». (more…)

US Joint Chiefs of Staff Chairman arrives in Iraq on eve of Talabani Summit

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Chief of Staff, U.S. to visit Iraq on the eve of the meeting of leaders of political blocs

The Chiefs of Staff, U.S., on Monday, to Iraq on the eve of the meeting of Iraqi leaders to take a position on the possibility of application of these forces to extend stay in the country until after the withdrawal date to be the end of 2011 the current. A U.S. official said in a press statement

The aircraft Chief of Staff, U.S. Admiral Michael Mullen, landed at a U.S. military base near the northern city of Mosul, “noting that” the visit Mullen comes after a two-day visit to Afghanistan, and before he left office in October next ” , without offering any details on the nature of the visit and the duration.

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The difficulty US investors have with Iraq

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Promote US investment in Iraq

Drawing Megan McArdle Editor Business Council and the economy of the countries of the Atlantic Ocean in the journal “Atlantic” U.S., features grim reality of investment and the economy in Iraq amid widespread corruption and governmental mechanisms to develop and encourage corruption and Tassh.,

In spite of the incompatibility of what is mentioned in The American economist with the proposals of the Iraqi government, But analysts said the news agency reported in the future, preferring to recognize that the investment on the views of leading experts Almt_khasan this topic.

McArdle says in his report that it plans to establish a project in Iraq that he brings with him nearly 20 volumes to find out the instructions adopted in the country, as well as carrying a big bag of huge sums of money to spend on measures to open this investment.

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Vietnam: Foreign exchange risks loom large toward year’s end

Posted: August 1, 2011 in Asian Currency Markets
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VietFinanceNews.com – The demand for the U.S. dollar is outpacing supply, unveiling big foreign exchange risks for both enterprises and the economy by the end of the year, experts said at a conference in HCMC last week.

Le Xuan Nghia, vice chairman of the National Financial Supervisory Committee, told the conference on Thursday that dollar supply was ample now as borrowers converted their dollar debts to Vietnam dong funds. But the risk is embedded in such a situation and will pose a big risk when such debts become due by around the end of the year, he said.

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World Union of Arab Bankers: CBI is preparing to replace the currency soon

Posted: August 1, 2011 in Iraqi Dinar/Politics
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01/08/2011

Ended the Iraqi Central Bank prepared a plan to replace the current banknotes after the abolition of 3 zeros of them, including 30 trillion dinars (26 billion dollars) is the value of expected cash mass, indicating that the timing will be determined by the government and parliament, Iraqi, Arab as published site. Net.

The expert said the first in the Central Bank of Iraq the appearance of Mohammed Saleh: “Our problem lies in the current issue of the timing of replacement of the currency it must choose a date suitable to implement the project without obstacles.”

It is worth mentioning that previously the central bank to announce its intention to raise three zeroes from the Iraqi dinar, after suffering from inflation and the decline during the nineties the past by economic sanctions, its value has tumbled to become the world today, about 1120 dinars per do.

http://bit.ly/ovVLLQ

Tuesday will mark 21st anniversary of Iraq’s occupation of Kuwait

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Kuwait marks Iraqi occupation anniversary Tuesday

KUWAIT, Aug 1 (KUNA) — With the first few threads of light at dawn 21 years ago, August 2, hordes of Iraqi troops broke into Kuwaiti territory and savagely ravaged its sovereignty as well as its physical structures in an attempt to obliterate the “State of Kuwait” from the world map and expand the map of Iraq with annexation of what was later claimed to be Iraq’s “19th governorate”.

The memory still holds pangs of pain and the Kuwaiti people still suffer emotional and psychological scars of a bloodthirsty betrayal from a neighbor with which they shared blood, family ties, and much more. The united international community response to the brutal killing, incarceration, torture, devastation, and theft restored Kuwaiti right and sovereignty after seven months.

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Talabani informed Allawi that tomorrow’s meeting will discuss Erbil agreement

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Baghdad (NINA) – Head of the Coordinating Committee of the Iraqiya Slate, Dhafir Al Ani confirmed that “President Talabani informed Dr. Iyad Allawi, head of the Iraqiya Slate, that the next meeting for the political leaders due to be held on Monday, August 1st (Correction: Tuesday August 2nd), will be dedicated to discuss the Erbil agreement and ways to implement it.

In a statement issued by Al Ani’s office “IS will attend the meeting and if it was doomed to failure, then, the State of Law Coalition bears the responsibility for it.”

“IS discussed during its last meeting a number of issues including the government’s program that was presented by PM Maliki,” he said, referring that IS thinks this program lacks lots of things important for citizens.

He went on saying “the IS will not vote on the current program in its current form and that it should be amended.”

http://bit.ly/plL3ag

Iraq says Kuwait to show flexibility to resolve the crisis over Port Mubarak

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Ministry of OilBaghdad, August 1 / August (Rn) – The Iraqi government said on Monday that its counterpart Kuwaiti shown flexibility to resolve the crisis at the port of Mubarak through dialogue such as the expected visit of the technical committee Iraq to Kuwait in order to know the details of construction of the port, which objects to Baghdad, he says it affects waterway in the Persian Gulf.

Kuwait has rejected Iraq’s request last Wednesday to halt work at the port of Mubarak Al-Kabeer, and said that work is continuing on schedule, planned, and stated that the Iraqi request to stop work is surprising, and not based on any legal basis.

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Iraq’s parliament warns the government about any delays in the oil and gas law

Posted: August 1, 2011 in Iraqi Dinar/Politics
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BAGHDAD (Reuters): Iraq’s parliament today warned the government it will adopt a new draft law of oil has been delayed a lot if the government continued to impede the primary legislation, which investors see a basic guarantee of stability.

Continued to bill Iraqi oil and gas under preparation for years, but faced opposition as to who controls the fourth largest oil reserves in the world that there is a part of it in areas disputed between Arabs and Kurds, some of them in the semi-autonomous northern Iraq.

Osama al-Najafi, head of the Iraqi parliament that the parliament’s energy commission has proposed a new draft and, if the government continued to postpone the oil and gas law the Iraqi parliament will go ahead with the approval of the draft new law.

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Pres. Najafi calls on Maliki to speed up the resolution of a security ministries

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Najafi calls on Maliki to speed up the resolution of a security ministries

The head of the House of Representatives Osama Najafi Prime Minister Nuri al-Maliki to speed up the resolution of a security ministries at the same time denying that the latter had submitted a report to the House of Representatives on the readiness of security forces.

He said during a news conference today: “that Maliki made simple information about the readiness of security forces during his speech yesterday Limbering government, did not reach to the House any report which shows the readiness of security forces to take over security after the withdrawal of U.S. troops.” He continued: “There is currently no request from the Americans, their desire to confirm the survival of their forces in Iraq.”

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GOI Spokesman: Government to work till 1pm during Ramadan

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Sunday July 31, 2011
Reduce working hours during Ramadan one hour

The Prime Minister, government spokesman Ali al-Dabbagh on reducing working hours in ministries and state institutions all through the month of Ramadan.

Dabbagh said in a press statement on Sunday, attended by public opinion news agency that the government decided to reduce working hours in government departments, one hour means that the end of official working hours will be at one in the afternoon.

http://bit.ly/rf7nfX

Kuwaiti PM: Kuwait ready to receive the delegation to discuss port crisis, resolve outstanding issues

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Iraqi Prime Minister Nuri al-Maliki, on Monday, the need for coordination with Kuwait to resolve all outstanding issues, as expressed solarise Kuwait ready to receive the delegation on the Iraqi port of Mubarak.

A statement issued by the Office of the Prime Minister, today, received a “Alsumaria News”, “Prime Minister Nuri al-Maliki said during a telephone conversation with his Kuwaiti counterpart Sheikh Mohammad Al-Ahmad Al-Jaber Al-Sabah on the need for cooperation and coordination with Kuwait to solve all the fluid relationship between the two countries.”

The Deputy Prime Minister for Services Affairs Saleh al-Mutlaq said in a interview for “Alsumaria News” on Monday, that the construction of the port of Mubarak in his current attempt to provoke Iraq, pointing at the same time that the Kuwaitis are Iraqi brothers and there is no ready Nrab any Kuwaiti woman, as he emphasized that any railway will not be with any country that wants to strangle Iraq.
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Parliament convened Monday

Posted: August 1, 2011 in Iraqi Dinar/Politics
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House of Representatives held its last 16 under the chairmanship of Najafi and the presence of 210 deputies

The Council of Representatives, on Monday, its the 16 of the legislative year the second headed by Osama Najafi and the presence of 210 deputies, with parliamentary source that the meeting will vote on the government program and project cooperation agreement between the Government of the Republic of Iraq and the International Organization for Migration, and discuss the report of the investigative about the reality of telecommunications service in Iraq.

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Maliki calls PM of Kuwait; Discuss port crisis and bi-lateral relations

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Maliki and the Prime Minister of Kuwait, Mubarak discuss the crisis by telephone port

Baghdad (news) .. The Prime Minister, Nouri al-Maliki, a phone call from his Kuwaiti counterpart Sheikh Nasser Al Mohammed Al Sabah, which they discussed relations, Iraq – Kuwait.

A statement from Maliki’s office received (news agency of the sons) a copy of it on Monday: During the call, they discussed bilateral relations, as well as discuss the Port Mubarak.

The statement added that the Kuwaiti Prime Minister welcomed the delegates who will visit Kuwait, Iraq, on the
question of the port of Mubarak.

The statement said: that al-Maliki and Al-Sabah stressed on the need for coordination and cooperation necessary to resolve the port, as well as the continued cooperation of trade and political and economic ties between the two countries.

http://bit.ly/reS4v7

Iraq List proposes 4 candidates for Defense Minister’s post, before Political Leaders’ Meeting

Posted: August 1, 2011 in Iraqi Dinar/Politics
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8/1/2011 11:05 AM

BAGHDAD / Aswat al-Iraq: Al-Iraqiya Coalition, led by Iyad Allawi, has proposed 4 candidates for the Defense Minister’s vacant post in the Iraqi Cabinet, its Legislature, Haider al-Mulla, reported on Monday, confirming that his Coalition “insists on the settlement of the issue of the security Cabinet posts in the next meeting of the Iraqi Political Leaderships, scheduled to convene on Tuesday.”

“Our Coalition insists that the meeting of the Political Leaders, scheduled to convene tomorrow (Tuesday), would settle the dossiers of the security ministries and the Arbil Agreement,” Mulla told al-Hayat Newspaper.

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Ammar Al-Shibli: Three issues will be discussed at Tuesday’s summit meeting

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. announced the leadership of the coalition of state law and the MP / National Alliance / Ammar Al-Shibli on the meeting of leaders of political blocs and members of the negotiating committees on Tuesday, will discuss three issues including, the U.S. withdrawal.

Al-Shibli said in a statement (the Agency news) on Monday: that the meeting of leaders of political blocs and members of the negotiating committees on Tuesday, will discuss three issues;

First, file a U.S. withdrawal.

Second, naming the candidates the security ministries.

Third, the implementation of the Erbil,

Noting that the National Alliance, with the implementation of the security agreement and exit of the last American soldier at the end of this year.

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Mutlaq: Iraq will take a firm stand against countries trying to cause it harm

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Al-Mutlaq: Iraq will take a firm stand against any attempt to expand cooperation with countries that are trying to harm

Baghdad (news) .. Okdnaúb Prime Minister for Services Affairs Saleh al-Mutlaq, “that Iraq will take a firm stand against any attempt to expand cooperation with countries that are trying to harm him,” adding that that “on others that Aatohmoa that Iraq will provide the railway with any country trying to suffocate him. “. He said

He said al-Mutlaq in a statement received by the Agency (news) a copy of it and during a meeting with a group of tribal leaders and notables of the province of Basra, “The attempt by the Kuwaiti government to build a port Mubarak in place of the current effort to provoke Iraq,” stressing at the same time “the need not to respond to provocations that come from some parliamentarians and members of the Kuwaiti government. “

He stressed on the al-Mutlaq “The Iraqis, Kuwaitis are brothers and there is no ready Nrab any Kuwaiti woman, as happened previously and we look to the Kuwaiti They are our brothers and our loved ones.”

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House of Representatives will convene for 10 meetings during Ramadan

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Baghdad (news) .. Musdermtalaa announced the decisions of the House of Representatives, said the council Orteurakd (10) meetings during the month of Ramadan.

The source said in a statement (of the Agency news) on Monday: that the parliamentary blocs agreed with the Presidency of the Council of Representatives, to hold (10) meetings during the month of Ramadan, begins on Tuesday next week, and ends after the feast, as the House resumes work after the Eid al-Fitr.

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CBI is preparing to replace the Iraqi currency after the cancellation of three zeros from Monetary value of the mass of the expected $26 billion

Posted: August 1, 2011 in Iraqi Dinar/Politics
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Iraqi Central Bank announced the completion of the preparation of a plan to replace the current banknotes after the cancellation of three zeros, and include 30 trillion dinars (26 billion dollars), is the value of expected cash bloc, stressing that the timing will be determined by the government and parliament, Iraqi.

For his part, says the expert, the first in the Central Bank of Iraq the appearance of Mohammed Saleh, said in an interview with the newspaper “Life” of London, “Our problem lies in the current issue of the timing of replacement of the currency, they must choose a date suitable to implement the project without obstacles.”

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