Archive for November 12, 2011

Official US troop departure ceremony planned at end of year at Baghdad Intl Airport

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad International Airport will see the ceremony of departure of the last U.S. troops to Iraq

“Al Sabah” from American sources informed that the last U.S. troops will leave Iraq in the ceremony of a formal will be held at the base of the Baghdad International Airport on 30 or December 31 next.

They said: “All U.S. troops will leave before the middle of next month, as will a small military force does not exceed 200 soldiers to attend the official ceremony will be held at Baghdad International Airport, where they will be landing the American flag from the base of the airport and raise the Iraqi flag and playing Alnhidan by domestic of the two countries before leaving the last soldier in a military plane. The sources added that these decrees are not related to negotiations or developments to keep the trained or lack of it, pointing out that the high-level U.S. officials will attend the ceremony, while not confirm or deny that U.S. President Barack Obama or Vice President Joseph Biden of them. (more…)

Iraq Urban Development Summit November 15-16 2011

Posted: November 12, 2011 in Iraqi Dinar/Politics

Saturday, November 12, 2011

Iraq’s Minster of Construction and Housing to Address Urban Development Summit in Turkey

H.E. Eng. Muhammed Al Darraji, Minister of Construction and Housing, Iraq has confirmed he will deliver a keynote address at the Iraq Urban Development Summit, being held at the Hilton Istanbul, Turkey, from 15-16 November 2011. (more…)

White House Chief on Middle East resigns

Posted: November 12, 2011 in Iraqi Dinar/Politics

Dennis Ross, U.S. Assistant to the President, which is the chief White House for the Middle East, resigned from his post. Said White House spokesman Jay Carney on Friday, announcing the resignation of the American political veteran that «Dennis Ross has a record of extraordinary public service».

And Ross (63 years), took nearly 3 years as senior director of Middle East in the National Security Council, It is a key figure in the White House team for the Middle East, also plays an important role in determining the strategy the U.S. towards Iran. He Carney said Ross «was an important member of the president’s team and Bama during the nearly three years» and played a pivotal role «in this historic moment experienced by the Middle East and West Africa ». (more…)

Yasiryi: Biden’s visit to Iraq intends to draw frame for new policy

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Baghdad (NINA) – Law maker from State of Law Alliance, Yasir Ghazi al-Yasiri, said that Biden’s upcoming visit to Iraq will be a turning point by moving Iraq from an occupied country to a sovereign one.

In a statement to NINA on Wednesday, Nov. 9, Yasiri said, “Biden’s upcoming visit to Iraq will be a turning point for Iraq, moving it from an occupied country to a sovereign one with an independent political and economic independence. It might even become the region’s strongest country.” (more…)

Economists warn of “vicious circle of inflation” in Iraq; Advises to release currency without cover

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , ,

Tries to the Iraqi Central Bank to maintain levels of inflation, current, amounting according to latest reports 7.6%. and the Deputy Governor of the Bank Mazhar Mohammad Saleh said in a statement made ​​by the Radio Free Iraq that the bank monitors continuously levels of inflation, and will not hesitate to intervene strongly in the event of a rise of two places decimal places or more over the monetary policy tools of Baharta exchange rate and interest of the Iraqi dinar.

Saleh explained that the continuing high rates of inflation below the 3% earlier this year to 7.6% currently, due to import sub-total for food products, which are bourse down to a wave of speculation, What led to the high rate of prices of these materials by 140% since 2000 until now, has led to what is termed the “imported inflation”, which reflected negatively on the economy of Iraq, he creates what is called the “state of inflationary expectations,” which is more dangerous than inflation up the same on the budgets of states in general, because it is accelerating the pace of rising price index. (more…)

Construction and Services Committee calls on Iraq to amend Investment Law

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Construction and services demanded parliamentary Investment Authority to make proposals to amend the law

Committee called for the reconstruction and parliamentary services, on Friday, the national investment and professionals to submit proposals to amend the investment law, asserting that the law contains a lot of gaps, despite the amendments made ​​to it.

A member of the Committee of Construction and services in the House of Representatives Ihsan Al-Awadi in an interview with “Twilight News” “The Law Alastthmarbhajh a lot of adjustments and economic visions to attract foreign investment companies and to encourage its counterpart local to continue to work in the country,” and urged “the new proposals by the competent authorities and of Authority National Investment for the development of investment law and modify materials dolly would push forward the progress in this area. ” (more…)

Cancellation of “zeros” from Iraqi currency won’t solve Iraq’s economic crisis, expert says

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

11/12/2011 11:56 AM

BAGHDAD / Aswat al-Iraq: The cancellation of “zeros” from the Iraqi currency, announced by the Central Bank of Iraq (CBI) won’t solve Iraq’s current economic crisis, especially the problem of the deteriorated living standards and services in the country, according to the Banking Expert, Samir al-Nuseiry on Saturday.

“The process of cancelling the ‘zeros’ from the Iraqi currency won’t solve the economic crisis, suffered by Iraq, especially the downfall of the living standards, unemployment and deterioration of services in all fields,” Nuseiry told Aswat al-Iraq news agency. (more…)

Research and development puts oil field studies of the oil regions to facilitate the work of investors

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

On: Sat 12/11/2011 12:50

Baghdad (news) .. The Centre for research and development of oil one of the formations and the oil ministry studies field research to assess the environmental impact of parts of Iraq’s oil for the purpose of facilitating the work of the investment companies of the oil.

The Senior Engineer in the Department of Planning and Follow-up of the Centre for research and development of oil Issam Ali valuable statement to the Agency (news) on Saturday: There are studies of field research and developed by the Center for research and development of oil to the areas where there are oil through environmental impact assessment, social and health for the region to facilitate the functions of the companies wishing to invest in the oil sector. (more…)

Erbil energy conference to promote oil and gas investment

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

12/11/2011 08:07
Erbil, Nov. 12 (AKnews) – A major energy conference in Erbil city, Iraqi Kurdistan’s capital, is set to promote foreign investment in Kurdistan’s nascent oil and gas sector.

The conference, organized by London-based specialist CWC group, will kick off next month in Erbil’s Saad Abdullah conference hall. Running from Dec. 12 to 15 the conference is supported by the Kurdistan Regional Government (KRG).
(more…)

Kuwait succeeds in exploiting U.S. withdrawal

Posted: November 12, 2011 in Iraq: Chapter VII, Iraqi Dinar/Politics
Tags: , , , , , , ,

12/11/2011 09:42
Baghdad, Nov. 12 (AKnews) – Kuwait has succeeded in exploiting the U.S. withdrawal from Iraq the Foreign Relations Committee of the Iraqi parliament stated Friday. The small Gulf state will benefit, it was said, because the majority of U.S. military units retreating from Iraq will be stationed in Kuwait.

The Iraqi government criticized Kuwait for forming a military force to protect the Mubarak Port which raised disputes between the two sides saying that this move will “redouble” the conflict between the two sides. (more…)

Maliki pledges support for inventors

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

12/11/2011 11:35
Baghdad, Nov.12 (AKnews)- Prime Minister Nuri al-Maliki said he will order to form a high council to support Iraqi innovators.

Maliki’s statement came during the conference of Iraqi Innovators in Baghdad today. The P.M. vowed his cabinet will provide the greatest support for the country’s inventors and innovators in various fields.

This section of Iraqi society has been somewhat neglected by the government. At present their projects are funded and supported by NGOs but the aid is slight. (more…)

Iraq decides to limit the negotiation of the port of Mubarak’s Ministry of Foreign Affairs

Posted: November 12, 2011 in Iraq: Chapter VII, Iraqi Dinar/Politics
Tags: , , , , , , ,

12/11/2011 14:42

Baghdad, November 12 / Novbmr (Rn) – The Iraqi federal government, on Saturday, it was decided to limit the negotiation on the port of Mubarak and the effects on navigation Iraqi Ministry of Foreign Affairs and the abolition of all sub-committees.

The chancellor said the media in the Iraqi government Maryam Rayes told the Kurdish news agency (Rn) that “the Iraqi government decided to limit the port to negotiate the issue of Mubarak, the Foreign Ministry with the abolition of all sub-committees dealing with that.” (more…)

Shara: There’s intentions lined to Washington to put pressure on Iraq with regard to item VII

Posted: November 12, 2011 in Iraq: Chapter VII, Iraqi Dinar/Politics
Tags: , , , , , , ,

A member of the National Alliance for the Supreme Council Furat al-Shara and the intentions implicit in Washington to put pressure on Iraq on the seventh item to get immunity for trainers.

Shara said in a statement to the news agency of public opinion (and babysit) on Saturday: “There’s intentions lined with Washington aimed to put pressure on Iraq, the seventh item in exchange for immunity for their coaches.” He pointed to the existence of the role of Kuwait in this regard that lie in wait to inflict bad in Iraq ” . (more…)

Nassif calls need for awareness of the fact of aggression on Kuwait in continuing to Iraqi sovereignty

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Considered a spokeswoman for the Iraqi bloc white high Nassif that the weakness of the successive Iraqi governments about the excesses of Kuwait caused the persistence of Kuwait and to overcome the Iraqi border.

A statement issued by the books of the mass media for Nassif said: “The weakness of the Iraqi government about abuses in making the cause of Kuwait Kuwait persists in its excesses on the Iraqi border, which extends to the Heights area Mutlaa 40 km from the capital city of Kuwait.” (more…)

Iraq is the main contributor in oil production till 2035

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , ,

BAGHDAD / Aswat al-Iraq: Iraq will be the main contributor in oil production increase till 2035, according to International Energy Agency periodical report.

The report said that OPEC will achieve an increase of 2.9 b/d in the medium range, namely 23.8 million b/d in 2010 to 26.7 million b/d in 2015, to 36 million b/d in 2035.

It clarified that in case of achieving such an increase, the OPEC percentage in world production was 42% in 2010 to be increased to 51% in 2035. Iraqi oil production shall be the main contributor, whose production will be tripled from 2.5 million b/d to 7.7 million b/d, though this figure is different from Iraqi government expectations to reach 12 million b/d in 2017.

http://bit.ly/sRjmfZ

Iraq’s proven oil reserves at 143 billion barrels

Posted: November 12, 2011 in Iraqi Dinar/Politics
Tags: , , , , , , , , ,

United Nations confirmed in a report that Iraq has oil reserves, stressing more than 143 billion barrels and potential reserves exceeding 200 billion barrels, placing the country among a small group of countries that have a high potential for oil production and influence in global oil markets. The unit of information and analysis of inter-agency United Nations and UNDP for the organization (Yu said DBS) prepared a report on the reality of the oil and gas in Iraq, which included a complete analysis of this sector. (more…)