Archive for September 27, 2011

IBN: President Talabani Promises to Protect Investors

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Iraq is striving to build a democratic State anchored in peace and the rule of law, with all communities living in harmony, irrespective of their sectarian, ethnic or factional affiliation, the country’s President, Jalal Talabani, told the General Assembly on Friday.

“This is the basis for the path which we are moving on and continually implementing,” Mr. Talabani told the annual general debate.

Stressing that Iraq had succeeded in getting rid of sanctions and restriction imposed as a consequence of the invasion of Kuwait by the Saddam Hussein regime, Mr. Talabani encouraged the international community to seek investment opportunities in the country in the fields of oil, natural gas and infrastructure.

(more…)

CBI: Inflation in Iraq and domestic and foreign policy able to reduce

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Said the Iraqi Central Bank, on Tuesday, that inflation in Iraq, two-way street outside because of the high prices in the world and a local because of the problems of housing and services attached to it, as he emphasized that monetary policy is able to curb the inflation.

The deputy governor of Central Bank Iraq the appearance of Mohammed Saleh, said in an interview for “Alsumaria News” that “there are two trends of inflation in Iraq are the external and domestic,” adding that “rising prices in the world and especially in the dollar has reflected on the imports of Iraqi goods and commodities, is causing prices to rise in Iraq and led to inflation. “

(more…)

Iraq Foreign Minister receives Asst U.S. Secretary of State; Iraq needs to fulfill UN obligations

Posted: September 27, 2011 in Iraq: Chapter VII
Tags: , , , , , , ,

Minister of Foreign Affairs Mr. Hoshyar Zebari at the UN headquarters in New York on 26/9/2011 Mr. Jeffrey Feltman, assistant U.S. secretary of state for Near Eastern Affairs.

During the meeting, they discussed ways to strengthen relations of cooperation between Iraq and the United States of America, also touched on the events taking place in the Arab region in light of the changes and political developments and calls for reform demanded by the peoples of the Arab region.

(more…)

Iraq worried about rush to become a member of the World Trade Organization

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad, September 27 / September (Rn) – the Commerce Department showed the Iraqi fear of the rush to Iraq to get permanent membership of the WTO and said that this would create confusion in the economy in the absence of legislation and economic controls eligible.

The Chairman of the Legislation Committee of the Committee to join the World Trade Organization Ali that “speed up the procedures to join WTO and to obtain permanent membership without making broad changes in business dealings will cause major economic problems of Iraq.”

He told the Kurdish news agency (Rn) on Tuesday, that “there is a need to enact legislation supporting the economic transformation of Iraq from a closed economy to a free and activating the role of Iraq in the global market.”

(more…)

Kurds want Americans to pressure the Maliki government on Erbil Agreement, HCL Law

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Chairman called the Kurdistan Parliament Kamal Kirkuki U.S. officials to exert pressure on Mr. Maliki to implement the agreements of Erbil, and the rest of Kurdish demands and the most important oil and gas law and disputed areas.

Kirkuki and met a number of administration officials and Congress, including Senator John McCain, Iraq, and an official Department of the Ministry of Foreign Affairs and World Bank officials, in the context of his current visit to the United States

In the context of the scheduled visit of the delegation of Kurdish forces in Baghdad to discuss points of disagreement with the state law, agreements and the application of Erbil, which was sponsored by the Kurdish regional president Massoud Barzani.

http://bit.ly/qN2NtV

IBN: World Bank / Republic of Iraq Financial Sector Review Summary

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

A new World Bank report released today, Republic of Iraq Financial Sector Review,highlights that while reforms are ongoing in the financial sector, the country needs to push further to ensure that a system still characterized by state-domination and lack of transparency reaches its full potential.

The report stresses the critical importance of the financial sector in modernizing the Iraqi economy and allowing it to reach its full potential.

(more…)

Political leaders to discuss Iraqi List candidates for Defense Minister

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad, Sept. 27 (AKnews) – The leaders of the political blocs will most likely meet in the upcoming days in order to discuss Iraqiya List’s candidates for the Ministry of Defense, according to Iraqiya spokeswoman Maisoun al-Damlouji.

Iraqiya List, led by former Prime Minister Ayad Allawi had submitted the names of nine candidates for the ministry to Iraqi President Jalal Talabani in August, so that Prime Minister Nuri al-Maliki could chose one of them.

(more…)

Strategic alliance between the national and Kurdistan is likely to pass the draft law of oil and gas

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Agreed Prime Ministers and the Parliament to invite the political parties all of the calm after the bombings, criminal past, which targeted innocent citizens in the provinces of Karbala and Anbar, urged Ibrahim Jaafari, head of the National Alliance to resolve disputes with neighboring countries through diplomatic means.

Has urged al-Maliki and Najafi, the need for patience and tranquility of the to miss an opportunity to anyone who wants to create sectarian strife aim to drag Iraq into more strife and division causing repercussions of serious political scene. saying that the recurrence of such tragic incidents in a short period was merely intended to cause a rift in the social fabric and disrupt the political process and obstruction in the path of negotiations to close ranks and consolidate the national partnership.

(more…)

Parliamentary committee on oil and energy: Will not agree to pass any law of oil and gas if contrary to constitution

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Oil and energy parliamentary emphasize not to pass any law of oil and gas contrary to the Constitution

The committee, the parliamentary oil and energy, on Tuesday, it will not agree to pass any law of oil and gas if it is contrary to the Constitution, stating that the constitution provides for the principle of partnership between the center and the region in the formulation of oil policy.

A member of the Commission on oil and energy parliamentary Bayazid Hassan’s “Twilight News” that “the oil and energy will not agree to pass any law of oil and gas if it contradicts the Constitution.”

(more…)

CBI Daily Currency Auction Sept 27, 2011: $197.5 million

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The latest daily currency auction was held in the Central Bank of Iraq on the 27-SEP-2011. The results were as follows:

DETAILS NOTES
Number of banks 25
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 197,590,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 197,590,000
Total offers for selling (US$) —–

Sales Central Bank of Iraq on Tuesday, a big increase by about (17) million dollars to more than (197) million compared to the day on Monday, which registered a nearly (180) million.

According to a statement of the bank. ” During today’s meeting a big increase in sales of the bank for up to (197) million and (590) thousand dollars had been covered by the bank at an exchange rate based on total (1170) dinars to the dollar, compared to day, on Monday, reaching sales of the bank (180) million (183) thousand dollars. “

The statement added “the distribution of demand by nine million (750) thousand dollars in cash, while distributed more adult (187) million and (840) thousand dollars in the form of remittances external covered by the bank in full, the exchange rate reached (1183) dinars per dollar, including transactions with the bank amounting to (13) dinars to the dollar, with did not make the banks participating in the auction of $ (25) banks of any offers to sell the dollar

http://bit.ly/qOYDVN

Private industry need to support the government; Postponing customs tariff law destroying the Iraqi economy

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The fatal shot, which he described the President of the Preparatory Committee of the Federation of Iraqi Industries Nizar Waeli’s “Future of Iraq” for the postponement of the labor law tariff customs meant the survival of Iraq’s largest country dependent on imports, it said the rate of import of Iraq from Turkey last year amounted to 7 billion and next year will be 10 billion, Where are the plans to curb this phenomenon, there must be laws and regulations and directions for the advancement of Iraqi industry.

(more…)

Hakim coalition rejects the “politicization” of independent bodies attached by the government

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad, September 27 / September (Rn) – A coalition led by Ammar al-Hakim on Tuesday, said he does not want to politicize the independent bodies in Iraq through the attached prime minister, noting that the constitution emphasized the independence of the bodies in accordance with its articles.

And lists of political conflict, most notably Iraq and the Kurdistan Alliance bloc idea of ​​linking independent bodies and the Iraqi Council of Ministers considers excess of the National Alliance on the Iraqi constitution because it comes with the strong support of the latter.

(more…)

Liberal Bloc MP: Participation by Iraqi delegation in the 66th session of the UN General Assembly, successful

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Hum: the participation of the Iraqi delegation in the work of the 66 session of the General Assembly is successful

MP for the Liberal block Hussein Kadhim hum post of the Iraqi delegation in the work of the 66 session of the General Assembly as “successful, and failed to deliver a letter from Iraq To the international community.

He called hum in a press statement received by the news agency news (et) a copy of it, “Iraqi Council of Representatives to make sure that media leaks indicated that the Office of the Presidency of the Republic of Iraq Request funding Was a $ million U.S. $ (Equivalent to 2.4 billion dinars) on the order of the President to cover the expenses of participation. “

(more…)

Kuwaiti emir calls to help Iraq gifting “a pile of tips”

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

BAGHDAD – Babinaoz: Deputy Prime Minister and Minister of Foreign Affairs Sheikh Dr. Mohammad Al-Sabah on the presidency of the General Assembly of the United Nations to help Iraq through the advice to accelerate the application of the remainder of its obligations to Kuwait, especially with regard to Resolution 833 on the border.

 

This came in a statement to the Agency «KUNA» Sheikh Mohammed after a meeting with the President of the General Assembly for the current session Nassir Al-Nasser, which he called «a brother and a dear friend and sister Qatar».

(more…)

Division in the Cabinet over the position on the port of Mubarak

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Press sources indicated to the Council of Ministers split into two groups with respect to the port of Mubarak, the division where the case without a formal report and consolidated to Parliament on the results of the technical delegation’s visit to Kuwait last month, led by Thamer Ghadban chief advisers in the Cabinet.

(more…)

Iraq’s white (et): Kuwait big bear grudges and wants revenge against the Iraqi people

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Between the MP from the Iraqi bloc white Zuhair Araji Kuwait holds grudges significant trends of the former regime and want revenge from the Iraqi people now.

Araji and denounced in a statement singled out by the reporter and the news agency news (et) remarks, Iraqi Foreign Minister Hoshyar Zebari said Iraq is in the forum of the United Nations and external forums.

(more…)

Vice Presidency of the parliament demanding activation request to appeal the decision of the demarcation of the border with Kuwait

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Demanded the MP for the Iraqi bloc white high Nassif on Tuesday the presidency of the Council of Representatives to take the necessary action on the request made by the Vice-hundred against the decision of the Security Council No. 833.

She told him of the Mass Media Bureau: “The Presidency of the parliament to deal seriously with the requests made by deputies to reconsider many of the serious issues related to the crisis with Kuwait, and most important request to appeal the decision 833 on the demarcation of the border between the two countries.”

(more…)

Iraq to take tough decisions to reduce trade with Kuwait

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Detection Chairman of the Board support the Iraqi-Kuwaiti relations, Tuesday, to take the Iraqi government decisions strict limit trade with Kuwait, stressing that it was raising the fees on trucks coming from Kuwait, from 25 thousand dinars to $ 100, and to prevent the passage of more than 60 trucks a day through the port Safwan border after the 2000 closed.

Council President Abdul Rahim Al Rifai in an interview for “Alsumaria News”, “Iraq raise fees on trucks coming from Kuwait, $ 25 thousand dinars to $ 100 per truck,” noting that “this amount would be borne by the Iraqi trader because the trader Kuwait will be carried it, and thus will be added to the Iraqi citizens. “

(more…)

Iraq signed an agreement to buy 18 aircraft a U.S. F-16

Posted: September 27, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

An adviser to Iraqi Prime Minister Nuri al-Maliki said on Monday that Iraq has signed a contract to buy 18 aircraft from F / 16 which are manufactured by Lockheed Martin to support its air force.

Was not immediately known the value of the deal, but a senior U.S. military official said recently that the offer made ​​to the Iraqi government worth about three billion dollars.

(more…)

US Senate to move next week on China bill

Posted: September 27, 2011 in Asian Currency Markets
Tags: , , , , , , ,

WASHINGTON — The US Senate will move forward next week with a bill to punish China over its alleged currency manipulation, Democratic Majority Leader Harry Reid said Monday, predicting the legislation will pass.

“China trade is a jobs bill that’s been long, long overdue. It’s a bipartisan bill and I feel very comfortable we’re going to pass it,” Reid told reporters at a press conference, using shorthand for the proposal.

Reid said that “next week” the Democratic-led chamber will “start our work on trade matters” including the legislation on China’s currency, though it was unclear when the bill would come to a final vote.

Read More: http://bit.ly/qxzH9x