Archive for November 10, 2011

A report prepared by an important and specialized agencies of the United Nations: “Iraq is on its way to becoming a great power of the new oil.”

Has prepared this report, obtained a copy of each agency and Iraq [where] a unit of information and analysis of inter-agency (IAU) and the United Nations Development Programme (UNDP) which analyzes oil and gas sector in Iraq.

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Baghdad, November 10 (Rn) – criticized the Iraqi government on Thursday that Kuwait to form its own military force to protect the port of Mubarak’s controversial between the two sides, and said that the move would “redouble” the problems between the two sides.

According to newspaper “opinion” Kuwaiti newspaper on the Kuwait decided to form a military force called the “duty to protect the port of Mubarak,” an officer and two thousand-strong military to form between the battalion and brigade. (more…)

BAGHDAD (Iba) .. In the framework of his visit to Washington, met Barham Ahmad Saleh, President of the Kurdistan Regional Government with a number of traders and investors Americans.

At the outset of the meeting, the president of the Kurdistan Regional Government, the legal environment and appropriate security in the Kurdistan Region to the process of investment and commercial activities.

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10/11/2011 15:28

Baghdad, November 10 (Rn) – The Iraqi government announced it had decided to conduct a census on the economic and industrial establishments in the country, whether belonging to the public or the private sector to take advantage of the numbers in the draw for next year’s budget.

And lacks the Iraq figures and statistics on the various public and private sectors while trying to move forward with the revitalization of the economic reality of the country which has suffered from neglect and vandalism over the years of war and siege. (more…)

Said the CBI, it would intervene strongly to curb inflation if arrived at two places decimal places, while he called for review of operating expenses in the general budget, he noted that there are a lot of doors in the exchange operating budget is incorrect.

The deputy governor of the Iraqi Central Bank Mazhar Mohammad Saleh said that “Iraq has not seen since the 20-year decline in annual inflation to the level of one decimal place only during the year 2011, which reached the rate in the month of February to 3 per ten to rise then gradually to reach in the month of August to 7.6 per ten to fall in September to 7.3 per ten. “

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Palm-after calls on the “Umm Qasr” from Iraq on the pretext that Kuwaiti land was the Kuwaiti Al-Rai Al-Aam newspaperin an article under the title of ” the division of Iraq. The best solution ” to the division of Iraq is the best choice to solve its problems, as it said.

The newspaper said: Iraq is well known that a mixture of religions, and sects, ethnicities, races, including Arab, Kurdish, Turkmenistan, and more, in spite of these strange mosaic. However, there are those who call by force under the name of the Republic of Iraq, refusing to give them their human rights that national identity, as it is not reasonable that the Kurds control an important measure of vital self-rule, while be sidelined the rest without to be equality with the Kurds in the north.. (more…)

Azzaman news agency reports that the Iraqi Central Bank’s budget forecast for 2012 is based on and oil price of $80 per barrel.

Muatasem Akram, a consultant with the bank, said the forecast was reasonable, though much below the 2012 forecasts for oil prices on international markets.

He acknowledged the bank’s budgetary estimates for oil earnings were relatively low and may lead to a revenue deficit, but said it was better to adopt predictions that were easy to achieve rather than basing the country’s budget on forecasts that may not come true. (more…)

Baghdad, November 10 (Rn) – An economic expert said on Thursday that the deletion of zeros from the local Iraqi currency will lead to the rehabilitation of the distribution of the value of exchange between individuals of the rich and the poor, the rich will be affected negatively and positively poor.

Dr. Abdul Salam gesture Said a professor at Baghdad University / School of Management and Economics and a specialist in the study of the banks, told the Kurdish news agency (Rn) that “the pursuit of the Iraqi Central Bank to raise three zeroes from the local currency will enhance the Iraqi economy, and will lead to increase the value of currency in the low-income , and to increase the purchasing power of citizens and will lead to a reduction of the volume of money supply in the market by 10%. “ (more…)

UNITED NATIONS, Nov 9 (KUNA) — Kuwait called on the international community to step up efforts to boost and reactivate the UN Security Council’s role in overcoming challenges.

Addressing a UN General Assembly meeting on fair representation at the UNSC and potential expansion late Tuesday, Kuwait’s Permanent Representative at the UN Abdulaziz Al-Jarallah said the UNSC needs to play a more active role in facing and meeting the current challenges and issues. (more…)

On Sunday, Central Bank of Iraq revealed, its willingness to intervene to curb inflation in the event it reaches two decimal ranks. It is necessary to review the general budget’s operating expenses, Central bank called, noting that many expenses in the operational budget are inaccurate.

“For the first time since 20 years, Iraq’s annual inflation rate decreased to reach a one decimal rank, i.e. 3/10 in February 2011. Afterwards, the rate gradually increased to reach 7.6/10 in August and then slightly decreased to 7.3/10 in September 2011”, “deputy governor of Iraqi Central Bank Mazhar Mohammad Saleh told Alsumarianews. (more…)

11/8/2011 | (Voice of Iraq) – Add comments – Baghdad / As revealed Iraqi Vice President and leader of the Dawa Party, Khudair Khuzaie attempt to assassinate Prime Minister Nuri al-Maliki as part of the alleged plot to overthrow the current system. ‘s campaign for the arrest of hundreds of Baathists in different areas from Iraq on the back of a plot to overthrow the government.

In this context, it was announced that Iraqi Vice President Khudair Khuzaie that the campaign of arrests by the Iraqi security authorities back to expose the coup attempt has been prepared with the elements belonging to the Baath Party, in cooperation with the intelligence leader, former Libyan Muammar Gaddafi six months ago. (more…)

Baghdad (news) .. ills of economic researcher Hussein star caused by the rise in oil prices due to an increase in demand with the advent of winter, and expected to reach oil per barrel in 2012′s (101 or 102) dollars, in addition to the movement of countries (BRIC) sectors economic influenced indirectly to this increase.

He star in a statement (the Agency news) on Thursday said that high oil prices due to increased consumer demand it for the arrival of winter, in addition to moving the BRIC countries, namely, (Brazil, India and Russia) economic sectors in the forefront of industrial and this increases economic growth and thus has a role in high oil prices. (more…)