Archive for August 18, 2011

Iraq inflation rate up from one year ago

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Reuters: Iraq core inflation 7.1pc in July

Iraq’s core annual inflation rate quickened to 7.1 percent in July from 6.4 percent in June, driven mainly by higher housing rental prices and an increase in the cost of building materials, a central bank official said on Thursday.

Deputy Governor Mudher Kasim told Reuters the slow response by government in addressing Iraq’s chronic housing shortage had continued to push prices up. LINK

 

Ak news: Iraq: the inflation rate last July was 6.2%

Baghdad, August 18 / August (Rn) – The Iraqi Ministry of Planning and Thursday for the high rate of annual inflation in the country for the month of July last for up to 6.2%.

And decreased the rate of inflation in the month of June last to reach 6.1% compared to May / May when the rate had grown to 6.3 driven by the cost of imported goods and services.

The program helps the ration card in the absorption of some price increases and the central bank says it expects the annual inflation remains in single digits.

And inflation is the excessive rise in the general level of prices and higher cash incomes as well as high costs and create excessive cash balances.

(more…)

Port Strategy: Talks calm Kuwait’s big port row

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Talks seem to have staved off difficulties between Iraq and Kuwait over the country’s mega-port construction in the restricted Khour Abdullah waterway, but the situation still has its tensions.

Baghdad said it was worried that Kuwait’s new giant port would strangle Iraqi shipping lanes and especially its oil exports. These have to pass through the narrow gap around Boubyan Island, the site of the port project – and a strategically sensitive area at the tip of the Gulf.

Read More:  http://www.portstrategy.com/news101/news-extra/talks-calm-kuwaits-big-port-row

Ministry of Oil: Oil and gas law will put an end to the interpretations of the disputed

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Spokesman said the Oil Ministry, Wednesday, that the oil and gas law has been prepared by experts in the field of oil in cooperation with the ministry, explaining that the law regulates the proper administration of the country and put an end to the interpretations at issue.

said Assem Jihad told Aswat al-Iraq that “the law of oil and gas been prepared by experts in the field of oil in cooperation with the Ministry of Oil, “noting,” it was the law to the Commission on oil and energy parliamentary and has been the changes more than once and thus after the approval of the Energy Commission and the Council of Ministers on the draft law was submitted to the parliament for discussion and for approval. “

(more…)

Economist stresses the need to deal with private banks for the advancement of the the country

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

On: Wed, 18/08/2011 11:47

Baghdad (news) .. Stressed the economic expert on behalf of Jamil government on the need to deal with the banks, the private sector to support and promote it, adding that the companies are solid and capable and able to accomplish a lot of business in the country.

Jameel said in a statement to the Agency (news) on Thursday: “There must be a deal with private banks by the government, to support this sector and promote it, to be a factor for the development of the economy in the country,” noting that “there are companies belonging to this sector solid and capable and able to prove the existence of large companies and do a lot of work and projects in the country, in contrast is not all good companies, but there are companies that operate in the areas of fraud.

(more…)

Movement rejected the appointment of Allawi al-Dulaimi and acting minister of defense and emphasized that Maliki has to realize that he can not rule Iraq alone

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Thursday, August 18 / August 2011 10:41

Condemned the National Accord Movement, led by Iyad Allawi’s decision of Prime Minister Nuri al-Maliki appointed Culture Minister Saadoun al-Dulaimi, the defense minister by proxy.

The official spokesman of the Iraqi National Accord Movement Hadi Dalimy in a press statement received by all of Iraq [where] today, “once again proves al-Maliki not to desire to achieve a national partnership of full and retreat from what has been agreed at the initiative of Brother Massoud Barzani, president of the Kurdistan Regional Government and reached him to pass nine agreements have not achieved any progress in any of them to now. “

(more…)

Disclosure of the project of establishing railway (Kuwait – Saudi) from the port of Mubarak erase Iraqi ports

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

On: Thursday 18/8/2011 4:06

Revealed the existence of a parliamentary source project Kuwait – Saudi to create a line railway starts from the port of Mubarak and passes through the city of Arar, and access to the province of Anbar, and then to neighboring countries.

The MP said Jawad Albzona that “there was a project Kuwaiti Saudis to change the business line of the city of Basra by extending the line of railway from the port of Mubarak and passes through the city of Arar, and access to the province of Anbar, and then the neighboring countries,” stressing that “the government and parliament agreed to reject this project rejected conclusive. “

(more…)

Disclose the names of candidates of the Iraqi List Ministry of Defense submitted to the President of the Republic

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Thursday, 18 August 2011

Media sources revealed on Thursday the names of nine candidates, the Iraqi List, the Department of Defense submitted to the President, Jalal Talabani, in preparation for delivery to the Prime Minister to choose someone to fill the position.

The names appear nomination of five soldiers and four deputies, former ministers are former Interior Minister Jawad al-Minister of the Interior, former Falah al-Naqib, and retired Major General Loay Tbakjla and Hisham Darraji military in the former army, Salah al-Jubouri military in the former army and Ali al-Obeidi military in the former army and Hamid Hamadani military in the former army and MP Salem Daly, MP Abdullah Jibouri.

(more…)

Kuwait port delegation to make report

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad, Aug.18 (AKnews) – The delegation that headed to Kuwait to prepare a detailed report about the plans for a controversial port is scheduled to return to Baghdad today to submit its report to the cabinet.

Iraq sent a delegation of technical experts at the beginning of this week to prepare a detailed report about Mubarak port and its negative effects on Iraqi sea faring and docking. Kuwait welcomed the delegation after tensions rose over the gulf states plans to build the mega port so close to Iraq’s narrow sea access.

(more…)

Sinead: We need the government’s opinion on the proposed oil law before the first reading

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

17/08/2011 18:18

BAGHDAD / Aswat al-Iraq: Student member of a coalition of state law, MP Hassan Sinead, the Presidency of the parliament, Wednesday, including the commitment of the political blocs have agreed on the offer of economic and financial legislation to the Council of Ministers before reading in Parliament.

Said Sinead, in the parliament session, which saw today’s first reading of a proposed oil and gas law “that is the law of oil to the origin of Iraqi money and the distribution of wealth and respect relationship with governments of the regions and provinces with the Government of the country’s Federal,” rejecting the bill is put a proposal to the Board “before taking the opinion of the Council of Ministers and the consensus of the leaders blocks it. “

(more…)

Khalidi: oil and gas law was supposed to be included on the agenda of the Council before a vote

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Thursday, 18 August 2011

Said a member of the Iraqi List, Muhammad Al-Khalidi that the draft law of oil and gas to the House of Representatives should be a consensus agreement after the Presidency of the parliament to be included on the agenda.

The Khalidi told the news agency public opinion (and babysit) on Thursday: “It was imposed on the Presidency of the parliament to include this law after the agreed upon and not to be presented this way.” He pointed out that the differences that exist about him may have prevented the inclusion of agenda, as usual. “

He said al-Khalidi, “The differences on this law is the source of law first, and there are many paragraphs that received objection by the National Alliance and members of the Iraqi List.” Indicating that the withdrawal of more than a block and a lack of quorum prevented a vote in the House of Representatives. “

http://bit.ly/qs5em4

Kuwaiti MP calls for his government to transfer Port Mubarak to another place

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

18/08/2011

Tabatabai: let the Iraq build a port that is needed

Called on the Kuwaiti deputy Walid Al-Tabatabai to the transfer port Mubarak away from the waters of Iraq territory. The call Tabatabai first of its kind for a member of the Kuwaiti National Assembly, which supports the position of Iraq on a port of Mubarak.

Said Tabatabai: It opposes the construction of the port of Mubarak Al-Kabeer off Iraqi waters, “and urged Kuwaiti government to transfer the port to another place to head off the crisis caused by the construction with Iraq. He told him Elaph-mail yesterday: “I am opposed to the presence of the port in this place. Has stated and written articles opposed to the establishment of the port at this location for technical reasons, as it requires the place to deepen the water even more.

(more…)

National Accord Movement: Maliki proves once again commissioned by the Department of Defense personal agreements out of lack of desire to achieve full national partnership

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

2011-08-18 10:39:13

BAGHDAD (Iba) … Announced the Iraqi National Accord Movement Maliki proves once again commissioned by the personal to the Ministry of Defence out of agreements not to desire to achieve a national partnership of full cross-slide on what has been agreed upon at the initiative of Brother Massoud Barzani, president of the Kurdistan Regional Government and its findings in approving the nine agreements have not achieved any progress in any of them to now,
and his public repudiation of what happened recently at the meeting, sponsored by President Jalal Talabani and the statement of him to assert the right of the Iraqi bloc in providing candidates to fill the portfolio of the Ministry of Defense and the rule of law in providing candidates for the works of the portfolio of the Ministry of Interior, to be submitted names during the period of two weeks supposed to expire on 17 August 2011, the Iraqi bloc has provided the names of their candidates to the President the night of August 15, two days before the deadline, while not provided by state law, the name of any candidate to date.

(more…)

Parliament convenes Thursday

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

House of Representatives held its 25-Najafi and headed by the presence of 164 deputies

The Council of Representatives, Thursday, its 25-year second legislative headed by President of the Council Osama Najafi and the presence of 164 deputies, with parliamentary source that the meeting will discuss the government program and the first reading of draft law on the Second Amendment to the Law of the Ministry of Water Resources No. 50 of 2008.

A parliamentary source said in an interview for “Alsumaria News”, “the House of Representatives held on Thursday, its 25-year second legislative headed by President of the Council Osama Najafi and his two deputies, and the presence of 164 deputies,” noting that “the meeting will discuss the government program with the ministers of planning, trade and Displacement and Migration. “

(more…)

State of Law MP: Many laws to be decided upon after Eid holiday, including security ministries and NCSP

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Thursday, August 18 / August 2011 09:04

Deputy for the law: a lot of files will be decided after the holiday, including my security ministries and Council policies
The MP said the coalition of state law, Abdul Salam al-Maliki said “a lot of files will be decided after the Eid al-Fitr holiday, including my security ministries, which is currently run by proxy and the National Council for Strategic policies.

Maliki said in a statement to all of Iraq [where] that “the Tripartite Commission, which emerged from the meetings of leaders of political blocs in the headquarters of President Jalal Talabani is now working on the implementation of the agreements that have been agreed upon.”

He added that “the Iraqi List, has provided a number of the candidates for the post of defense minister to Prime Minister Nuri al-Maliki, which in turn will be examined Echtaar one of these names. Revealing the candidate Jawad al-comes on top of these names.”

(more…)

CBI Daily Currency Auction August 18, 2011: $188 million

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The latest daily currency auction was held in the Central Bank of Iraq on the 18-AUG-2011. The results were as follows:

DETAILS NOTES
Number of banks 20
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 188,140,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 188,140,000
Total offers for selling (US$) —–

(more…)

Fatlawi: National Alliance will announce the candidate of the Ministry of Interior upon the completion of naming Secretary of Defense

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Thursday, August 18 / August 2011 12:46

MP announced a coalition of law Hanan al that the National Alliance candidate for the post of Minister of the Interior has the consensus within the coalition.

She told all of Iraq [where] the day that “the National Alliance will announce its candidate for the Ministry of Interior if it is announced by the Minister of Defence to be presented by Iraq.”

Conditioned on the candidate list Fatlawi the Iraqi minister of defense to be accepted by all the political blocs. “

She explained that the “Minister of Defense will receive the office directly and thus exempt Acting Minister Saadoun Dulaimi.”

(more…)

Iraq delegation in Kuwait calls Port talks successful and positive

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Iraqi delegation negotiating with the Kuwait crisis, announcing an end to the port of Mubarak and describes the talks as successful and positive
Thursday, August 18 / August 2011 08:06

A source in the Iraqi delegation negotiating with the port of Kuwait on Mubarak for the success of the talks between the two sides and the end of the crisis, the port of Mubarak.

The source said all of Iraq, told [Wayne] that “the atmosphere of the talks was very positive and successful as it ended the crisis, Mubarak port between the two countries.”

“The agreement held between the delegation, chaired by Thamer Ghadban senior adviser to Prime Minister with the State of Kuwait and agreed to hand over the minutes of Prime Minister Nuri al-Maliki.”

(more…)

The Economist: Central banking and the crisis

Posted: August 18, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Emergency maneuvers
With developed economies in dire straits, central bankers have taken the tiller. Not all of them are happy about that

COMETH the hour, cometh the central bankers. On August 8th the European Central Bank (ECB) began buying Italian and Spanish bonds in an effort to stop the sovereign-debt crisis from crippling two of the continent’s largest economies. And a day later America’s Federal Reserve made an unprecedented commitment to keeping interest rates at more or less zero for two more years to keep a stalling economy out of recession.

In both cases the dramatic steps were taken in the face of political failures to get to the heart of the problems at hand. The fact that they took both banks well outside their normal zones of operation was underscored by the internal dissent both moves faced, dissent rarely seen in the consensus-driven world of central banking.

Read More: http://www.economist.com/node/21525912