Archive for November 27, 2011

Iraq: the formation of a special parliamentary committee to follow up the withdrawal of U.S. troops end of next month

Posted: November 27, 2011 in Iraqi Dinar/Politics

Baghdad, November 27 / number (Rn) – The Commission on Security and Defence parliamentary Sunday, the formation of a special committee within the Iraqi parliament to follow the process of U.S. withdrawal end of next month.

A member of the Chuan Mohamed Taha told the Kurdish news agency (Rn) that “for security and defense committee has formed a special committee of five deputies of the Commission on Security and Defence parliamentary work to continue the process of U.S. withdrawal from Iraq and how it is,” adding that “the Committee are obliged to submit reports to the House of Representatives for the U.S. withdrawal. ” (more…)

Kurdish Alliance: Maliki determined to resolve security ministries before US withdrawal, before 2012

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Infallible: to resolve the security ministries before 2012 .. and Iraq: We will not offer a candidate the day after

Sun 11/27/2011 7:05

Revealed the Kurdistan Alliance, the determination of Prime Minister Nuri al-Maliki to resolve file security ministries by the end of 2011.

The head of the parliamentary bloc, Fuad Masum, told the Kurdish news agency, “said Maliki would end the crisis of the security ministries before the expiration date of the U.S. withdrawal from Iraq. (more…)

UN Rep Kubler after the first official visit to Kuwait: I felt good intentions to move forward

Posted: November 27, 2011 in Iraq: Chapter VII, Iraqi Dinar/Politics
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BAGHDAD / Aswat al-Iraq: The Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, Saturday, after an official visit is the first of Kuwait, that he “found good intentions on both sides to move forward and to ensure good-neighborly relations between the two countries,” Iraq and Kuwait.

A statement from the UN Mission in Iraq (UNAMI) that “the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler conducted an official visit to Kuwait on 23 and November 25 and met with the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in Kuwait City, the capital the country. ” (more…)

UN Special Rep returns to Baghdad after meeting with Kuwait leadership; Feels opimistic

Posted: November 27, 2011 in Iraq: Chapter VII, Iraqi Dinar/Politics
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Special Representative of the Secretary-General of the United Nations in Iraq return to Baghdad after a visit to Kuwait and meet Amir of Kuwait, and senior officials

He returned to Baghdad, the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler after a visit to Kuwait where he met with Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and senior officials to discuss strengthening of bilateral relations shared between Iraq and Kuwait.

According to a statement issued by the Information Office of the United Nations Mission to help Iraq, said Kuebler, held an official visit to Kuwait, where he met with Emir of Kuwait, and Prime Minister Sheikh Nasser Al-Mohammad Al-Ahmad Al-Jaber Al-Sabah, and Foreign Minister Sheikh Sabah Khaled Al-Sabah, Ambassador of Iraq to Kuwait Mohammed Hussein Bahr al-Ulum. “ (more…)

State of law reveals Maliki’s visit to Kuwait to resolve the problem, “Port Mubarak” and “Chapter VII”

Posted: November 27, 2011 in Iraq: Chapter VII, Iraqi Dinar/Politics
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Sunday, 27 November 2011 14:22Announced a coalition of state law, Sunday, for directing the State of Kuwait to the invitation of Prime Minister Nuri al-Maliki to visit to discuss outstanding issues between the two sides, stressing that the Iraqi government to resolve the problem of binding the port of Kuwait’s Mubarak and out of Iraq under Chapter VII.

The MP said the coalition of state law Abdul Mahdi al-Khafaji, in an interview for “Twilight News”" The invitation by the State of Kuwait to Prime Minister Nuri al-Maliki is a good step in the right direction to resolve the outstanding issues between the two sides, “calling” the Iraqi government to take the opportunity to resolve the problem of the port of Mubarak and the country out from under Chapter VII.” (more…)

Economist: Delete the zeros from the currency reform is it of the Iraqi currency or cash are

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Date: Wednesday, November 16, 2011

That the central bank adopts the so-called reform of management system currency of any transition from a small amount in the currency chasing a large amount of the price of services, which reflect the stage of stability, growth and prosperity,

and on this basis, the project to delete three zeros from the Iraqi dinar which made a thousand dinars, worth one Dinar stems from the considerations of good management of the monetary system and the shift of the mass of cash flaccid of thirtieth trillion dinars and do not meet the needs of the payments system in Iraq and encourage dollarization to the mass of cash of not more than (30) billion dinars easy exchange and easy to deposit in banks, stressing that the ability to savings banks are weak, for reasons operational because the banks do not have adequate capacity for counting and control currency counterfeit with tons of money it receives each day, so commercial transactions between traders, which is now resorting to weight rather than counting and sorting, and carrying the sidelines of the risk (1.3)% at a cost of transactions which is similar to the cost of counting is sometimes a cost inflation added to the value per transaction. (more…)

Iraq decides to set up committees to retrieve his money abroad

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Baghdad, November 27 (Rn) – The parliamentary Finance Committee, Sunday, the formation of a number of committees will soon undertake the task of recovery of Iraqi funds in a number of States after the ratification of the retrieval of Iraqi funds abroad by the House of Representatives.

And decided to U.S. President Barack Obama in the May / May this year to extend the protection of Iraqi funds in the United States for another year. (more…)

Iraq: The Securities Commission plans to raise the volume of ISX trading

Posted: November 27, 2011 in Iraqi Dinar/Politics
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27/11/2011 14:28

Baghdad, November 27 (Rn) – The Securities Commission said Sunday it plans to raise the volume to more than two billion dinars a day.

Trading volume in the Iraqi market for securities billion Iraqi dinars per day in October / October.

The executive director of the Abdul Razzaq al-Saadi told the Kurdish news agency (Rn), “the size of the current trading below the level of ambition. We seek to raise it to more than two billion dinars.” (more…)

Washington announced the allocation of $6 billion to spend in Iraq in the year 2012

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Announced that the U.S. Embassy in Baghdad, Sunday, that the United States will spend six billion dollars in Iraq over the next year 2012, stressing that the amounts allocated to programs that include refugees and security issues.

He said the U.S. ambassador in Baghdad James Jeffrey told a number of media in the headquarters of the embassy, ​​said that “there Bramja Sentbgaha in Iraq during the next year, 2012, a budget of six billion and 200 million dollars,” noting that “the $ 300 million will be earmarked for refugees and the rest of the security issues and security.” said Jeffrey, “This money does not go directly to the budget for the task of Iraq, but we are getting a significant share of them here as they are also used in the activities and other areas such as Jordan and Syria. ” (more…)

Analysis: U.S. withdrawal will change the political map of the current Iraq

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Baghdad, November 27 (Rn) – believed by many political analysts that the U.S. withdrawal from Iraq, which began actually will change the political face of Iraq today.

The fear of the Iraqi population of the deteriorating security situation after the withdrawal, especially after the threats launched by factions under the umbrella of al Qaeda that they will step up attacks in the country.

The U.S. withdrawal coincided, while still a lot of problems and disputes pending, especially regarding the conflict for power between the two major coalitions of Iraq and the rule of law. (more…)

Kurdistan economy will grow by 12% next year says P.M.

Posted: November 27, 2011 in Iraqi Dinar/Politics
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SULAIMANIYAH, Nov. 27 (AKnews) – Prime Minister of Kurdistan Regional Government Barham Ahmed Salih said the region’s economy will mark a 12 per cent growth next year.

This figure is in reference to the International Monetary Fund’s annual survey. The P.M. was speaking during the opening ceremony of the 7th edition of the Sulaimaniyah Trades Fair today.

Salih praised the economic boom in Kurdistan Region, deliberately ruined by the pre-2003 regime as it brutally repressed the Kurds. (more…)

Director of private banks: Banking policy in Iraq is not clear and need to reconsider them

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Student director of the Association of private banks Abdul Aziz Hassoun, finding a new work plan for banks to develop, stressing at the same time: that the banking policy in Iraq is clear and need to re-examine them.

Said Hassoun: “that all the indicators and results of the Iraqi banks believe that the necessity urgently to find a a new action plan in line with the development of technological talk, in order to develop the work of Iraqi banks, whether governmental or private.  The banking policy currently followed in Iraqi banks is not clear and need to reconsider the Kthermen procedures conflicting, which lead to the loss of time and effort and the freezing of funds for banks Iraq since they are in the heart of each economic system in the world”. (more…)

Iraqi stock market is the cheapest stock in the world

Posted: November 27, 2011 in Iraqi Dinar/Politics
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See a number of financial experts that the experience of the financial market in Iraq, “is still a recent and promising, but the exposure continued economic and political conditions bad led to a delay in the performance, stressing the need to develop the work of the stock market and provide a culture of economic and profit encourages citizens to invest Mdjulath cash for the purchase and trading of these shares . “Future of Iraq” has explored the views of experts in this subject. (more…)

Jordan had not paid for Iraqi oil since two years ago

Posted: November 27, 2011 in Iraqi Dinar/Politics
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Revealed a senior political source from the failure of Hashemite Kingdom of Jordan to pay the price of Iraqi oil imported by Oman at preferential prices, pointing out that the latter argue not to resolve a debt on Baghdad.

The source, who is close to the circles of senior government, that “Iraq has resumed two years ago to provide suffered by 10 thousand barrels of crude oil at preferential rates of not more than $ 30 while the world oil prices exceeded the barrier of $ 100 per barrel. “

(more…)