Archive for September 28, 2011

Experts: the reform of the financial system in Iraq requires the support of private banks and reduce the dominance of the government

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

BAGHDAD (Iba) .. The report re-passed by the World Bank a few days ago, private banks in Iraq and the need to find the necessary support, including contributing to the advancement and contribution in support of investment projects.

The report noted that the Iraqi banking system damage growth prospects in Iraq must be developed in order to attract foreign investment and diversify the productive economy of oil.

In this aspect She stresses the economic peace Sumaisem in connection with the independent press (Iba) that there is discrimination in the work of private banking institutions by the State Marshal to keep all the state departments of banking in the opening credits of private banks.

(more…)

Iraq is heading towards method of financing projects in payment on credit

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/09/2011

Waiting to provide an opportunity to achieve economic growth

Iraq is heading towards the method of financing projects in a payment on credit at a time when most international companies showing interest to invest in it. This is funding one of the methods used and applied by many countries of the world, particularly those that aspire to establish a project strategy increases the total cost for its existing capabilities, and comes this way as an application for a development theories known theory of the strong push, which is the idea in the presence of a large program and condensed in the form of a minimum investments to overcome the obstacles imposed development and put the economy on the path of self-growth.

(more…)

CBI confirms its ability to reduce the rates of inflation

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/9/2011 0:00

The Central Bank of Iraq that monetary policy is able to rein in inflation, indicating that the causes of this phenomenon is due to two directions: first external because of the high prices in the world and second, a local is in the problems of housing and services.

The deputy governor of the Central Bank of the appearance of Mohammed in a press statement : There are two directions of inflation in Iraq are foreign and local levels, noting that the high prices in the world especially in the dollar zone is reflected in the imports of Iraqi goods and commodities, causing the rise in prices within the country and led to inflation.

(more…)

Iraq decides to involve private banks in the trading of government securities

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/09/2011 11:18

Baghdad, September 28 (Rn) – The Iraqi Ministry of Financeof the Federal, Wednesday, it had decided to post the private banks with large capital in the trading of government.

The agent said the ministry Fadel prophet of the KurdistanNews Agency (Rn) that “the Ministry of Finance decided traps banks with large capital, which has a sophisticated banking transactions in government securities trading and deal with it like dealing with government banks.”

(more…)

Call for diagnosis of the barriers to investment in Iraq

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/09/2011

Looking investment experts the possibility of a real investment on the ground, especially as the reality faced by the country’s push for investment in all sectors to begin most importantly, who touches the life of society and achieve economic growth.

An economist at the Investment Commission of Babylon Haider Kamal al-Din said that the investor looking for the availability of a database of accurate and comprehensive resources available natural and human resources, efficiency and also provides investment map capable of achieving the investment objectives rapid project execution, noting that the single window system allows the departments nominate authorized to decide on approvals concerning the ministry and departments through which the investor gets all the approvals without trouble.

(more…)

Iraqs decision to limit trade with Kuwait over port issue poses threat to bilateral relations

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Iraqi-Kuwaiti relations warn against economic crisis

Wednesday, September 28, 2011 14:56 GMT
Iraqi-Kuwaiti crisis over Mubarak port and borders demarcation is taking a new course. Head of Iraqi-Kuwaiti relations’ council, Abdul Rahim Al Rifaii, revealed that Iraq took multiple economic decisions that limit trade between Iraq and Kuwait. These measures consisted of a dramatic decrease in the number of Kuwaiti trucks crossing into Iraqi borders and a huge increase of tariffs.

(more…)

Kuwaiti Ambassador to Iraq

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Kuwaiti Ambassador to Iraq: Zebari’s remarks last before the United Nations on Port Mubarak indicated his interest in the interests of Kuwait and Iraq

Said the Kuwaiti Ambassador in Iraq to the insured in an interview with Alsumaria News that the statements of Foreign Minister Hoshyar Zebari, the last before the United Nations on Port Mubarak indicated his interest in the interests of Kuwait and Iraq at the same time, stressing that his country always take into account the interests of Iraq and the international resolutions and the sovereignty of Kuwait territory, and these things are to govern the relationship between the two countries, he said adding that the position of the port of Kuwait, Mubarak sound and true.

 

http://bit.ly/oNbHWH

Iraq and US agree to complete the steps of removing Iraq from Chapter VII

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/09/2011 28/09/2011

Zebari sought to gather support for the grant Palestine full membership in United Nations

Agreed Baghdad and Washington to proceed with the completion of steps to remove Iraq from Chapter VII, while seeking Foreign Minister Hoshyar Zebari to gather international support to grant Palestine full membership in the UN. The research and Minister of Foreign Affairs with Assistant U.S. Secretary of State for Near Eastern Affairs Jeffrey Feltman, the remaining steps to bring out the Iraq of the provisions of Chapter VII of the Charter of the United Nations. .

The Foreign Ministry statement received “morning,” a copy of, “Zebari met with Feltman on the sidelines of the General Assembly of the United Nations, and discussed promotion of bilateral relations, in addition to 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” . The two sides stressed the need to complete the remaining steps to enable Iraq to get out of the final provisions of Chapter VII of the Charter of the United Nations.

(more…)

Analysts: out of Iraq from Chapter VII, however, the United States

Posted: September 28, 2011 in Iraq: Chapter VII
Tags: , , , , , , ,

09/19/2011 13:56

BAGHDAD / Aswat al-Iraq: It was agreed analysts politicians that Iraq would emerge from Chapter VII of the Charter of the United Nations, must be supported by the United Statesbecause it controls leaves the pressure on the UN resolutions and the UN Security Council, calling on Iraqi politicians to open Horat serious with the U.S. side .

Iraq has been under since 1990 under Chapter VII of the Charter of the United Nations, which imposed after the invasion of Saddam Hussein of Kuwait in August of the same year, and this item allows the use of force against Iraq as a threat to international security, in addition to the freezing of large amounts of its assets financial international banks to pay compensation to those affected by the invasion of Kuwait.

(more…)

Source: VP Biden and delegation may visit Iraq within days to discuss withdrawal, long-term partnership, and framework agreement

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Biden in Baghdad to discuss the withdrawal

28/09/2011
I learned »Sabah» sources of a high-ranking U.S. Vice President Joseph Biden thinks visit Baghdad to discuss a withdrawal. The sources, who asked not to be named: The «Biden may visit Baghdad next month to agree on the mechanics of the withdrawal of U.S. troops from Iraq and keep the coaches and the issue of immunity and long-term partnership between the two countries in accordance with the strategic framework agreement ».

The MP for the National Alliance, Haitham al-Jubouri announced that the U.S. forces refused to keep any of its soldiers on Iraqi territory for one day without enjoying full immunity, and with the authorization of the House of Representatives, stating in a press statement, the side of the Iraqi negotiating team headed by Prime Minister Nuri al-Maliki tried to persuade the U.S. side to keep the number of trained immunity in part, with or without immunity, through dial-up the last that took place between al-Maliki and Biden, but the latter rejected it strongly.

(more…)

Iraqi parliament receives a report showing a weak exchange of financial allocations for 2011

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/09/2011 13:53

Baghdad, September 28 / September (Rn) – A commission of economy and investment representative on Wednesday, for receiving the report from the Government shows that some of the ministries and provinces did not happen, only 5% of its own funds for the current year up to July 30 last, expected to be returned significant amounts to the state treasury by the end of the year.

The Iraqi Prime Minister Nuri al-Maliki has expressed his dissatisfaction with the implementation of projects during the current year in the majority of the provinces that have adopted the implementation of projects in a selective way and not depending to the actual need and necessity of those projects.

(more…)

Kuwaiti MP: We reject the re-demarcation of the border altogether

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

MP Khalid refused to claim the enemy more than a hundred Iraqi lawmaker to challenge the decision to demarcate the border between Iraq and Kuwait, saying it it is completely unacceptable, and that the Kuwaiti-Iraqi border has been demarcated UN resolutions, according to the UN Security Council resolution No. 833 of 1993.

(more…)

Arab League confirmed the next summit in Baghdad, March 2012

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The secretary-general of the League of Arab States, Nabil Arab that the upcoming Arab summit will be held in Baghdad as scheduled. “

The Arab in a statement issued by the Foreign Ministry on Wednesday: “There is an Arab resolution was taken on the establishment of the next summit in Baghdad, according to the request made by the Government of Iraq to the Secretary General of the League of Arab States in early May of this year.”

(more…)

CBI Daily Currency Auction Sept 28, 2011: $151.7 million

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

The latest daily currency auction was held in the Central Bank of Iraq on the 28-SEP-2011. The results were as follows:

DETAILS NOTES
Number of banks 21
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 151,758,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 151,758,000
Total offers for selling (US$) —–

Vice is Iraq’s participation in the General Assembly of the United Nations “is successful”

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

counting Deputy for the Liberal bloc in the House of Representatives, Wednesday, the participation of the Iraqi delegation at the session 66 for the General Assembly of the United Nations is successful, noting that participation was “far” from the Iraqi concerns.

The MP said Hussein Kadhim hum in a statement, she received a “Twilight News” copy of it, that “the participation of the Iraqi delegation in the work session 66 for the General Assembly of the United Nations is successful, and failed to deliver a message on Iraq to the international community,” asserting that “the House of Representatives to make sure media leaks, which indicated that the Office of the Presidency of the Republic of request for funding financially million U.S. dollars to cover the expenses of the participation of President Jalal Talabani. “

(more…)

Financial expert stresses the need to consolidate the government’s efforts to develop the private sector

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Wednesday, September 28

Minimum Sudan / the future of Iraq: proposed financial expert Haider Faraji number of solutions for private sector development in Iraq, would be through cooperation with government agencies and response demands of the private sector in order to access to resolve the crisis existing in the country, in addition to this must abolition of laws and fees that impede the work of the private sector.

(more…)

Iraq is moving to resolve a compromise to resolve the issue of management of oil wealth

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

28/09/2011 10:31

Baghdad, September 28 / September (Rn) – The Commission on oil and energy parliamentary Wednesday, she is currently studying three drafts of the oil and gas law the controversial between Baghdad and Erbil, but the resolution a paragraph manage the oil wealth within the law will depend mechanism consensus resolved because of the sensitivity created by the local governments The province and the center.

The government has decided to Erbil province on Tuesday to send a political delegation to Baghdad next week for the purpose of entering real negotiations with the leaders of political blocs on the differences between the province and the center led by the issue of management of oil wealth.

(more…)

Osman describes the host, Foreign Minister to the House something useful

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Description of the Kurdistan Alliance MP Mahmoud Othman host, Foreign Minister Hoshyar Zebari to the House of something [useful], calling the House of Representatives to “host all the ministers to show some things are unclear in their ministries.”

Osman said in a statement singled out by the agency and all of Iraq [where] on Tuesday that “the maker of this procedure in all countries of the world where they are attended by Ministers and check the progress of their work and the points in their ministries.”

(more…)

Iraq participates in meetings of the Assembly of the World Intellectual Property

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Chaired by the Minister of Culture Dr. Saadoun al-Dulaimi, the Iraqi delegation high-level participant in the meetings of the Forty-ninth session of the General Assembly of the World Intellectual Property Organization, which was held at the Geneva conference of 9.26 until 05/10/2011

(more…)

Mr. Minister of Culture Dr Saadoun al-Dulaimi, his representatives to visit the Republic of Iraq in Geneva

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Visited Dr Saadoun al-Dulaimi, the Minister of Culture of the Republic of Iraq, the headquarters of his representatives in Geneva, on Monday 26/9/2011, and was on top of Ambassador Dr. recipients.

Mohammed Ali Hakim, Iraq’s Permanent Representative to the United Nations, and members of the staff of the mission of the Iraqi diplomats and administrators, has welcomed the Ambassador His Excellency the Minister gave him an explanation on the work of Permanent Mission of Iraq to the United Nations Office at Geneva and the meetings covered by the mission also provided the members of the mission Iraqi detailed explanation of the nature of their files and work with international organizations in Geneva.

At the end of the meeting and let the minister’s attendance and wished them success and good luck in their work served the new Iraq.

http://bit.ly/qk1HV8

Iraqi opinion poll says more than half believe Maliki will fulfill his term

Posted: September 28, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Ppinion poll conducted by the “Twilight News” on Wednesday, said more than half of respondents believe that the possibility of Prime Minister Nuri al-Maliki to complete its president for the unexpired term.

Participated in the survey, which was announced since the first of the month on September and lasted until Wednesday September 28 1209 people and included a question that (Do you expect to complete al-Maliki cycle presidency?) And in front of the participants in the survey answers to three (Yes) or b (not) or b (I do not know).

(more…)

Vietnam government not to loosen monetary policy

Posted: September 28, 2011 in Asian Currency Markets
Tags: , , , , , , ,

VietFinanceNews.com – The Government is determined to reduce interest rates and continue its strict monetary policy.

The decision was made at the Government’s regular monthly meeting on September 25-26.

During the two-day meeting, the cabinet members discussed measures to deal with inflation effectively.

Positive economic growth, inflation under control

Although the economic growth rate in September was estimated at only 5.76 percent, much lower than a year earlier, both Vietnamese and foreign economists described this as a positive sign.

(more…)