Archive for January, 2012

After five years in the making, Iraq’s parliament could have a first reading of a landmark oil law by early February, a senior Iraqi energy official said on Monday.

BAGHDAD / Aswat al-Iraq: Iraq’s Foreign Minister, Hoshiar Zibary, has reiterated in a meeting with the Chairman of the UN’s Executive Council for Compensations on necessity to reach for a final settlement for the issue of compensations and to treat all the suspended issues with Kuwait, according to a Foreign Ministry statement on Tuesday.

Central Bank announced it had begun to study the need of the project to delete the zeros to submit a bill to the House of Representatives for the purpose of its own legislation, setting out the mechanisms and controls the process of removing three zeroes from the local currency, stressing that its law gives him the powers of a change in their local currency. The deputy governor of the Central Bank of the appearance of Mohammed According to Saleh (Rn) that the bank submitted a working paper for the project to delete the zeros of the local currency to the Council of Ministers for the involvement of ministries and agencies

Iraq on the eve of a real revolution in the fields of investment and development backed by large numbers of financial returns resulting from high rates of production of oil and gas, banking sector is invited to play a leading role in this revolution. Commissioner to speak to the Director of the Bank of the Middle East Iraqi investment sentenced George Behnam, which calls for a required amendments to the Banking Law in preparation for this phase. «Weekly» Interview.

Baghdad – and babysit – The Central Bank of Iraq had begun to study the need of the project to delete the zeros to submit a bill to the House of Representatives for the purpose of legislation setting out the mechanisms and controls the process of removing three zeroes from the local currency, stressing that its law gives him the powers of a change in their local currency.

Athert international economic sanctions faced by banks, companies and businessmen, Iranians heavily on the currency of Iran, “Altomen” and decreased its value against other currencies especially the dollar, prompting the Iranian traders to scramble to buy dollars from the Iraqi market, which economists say it will impact negatively on the Iraqi currency The economic situation in Iraq.

{Baghdad} Euphrates News confirmed that the existing Iraqi leader expressed his willingness to meet with Prime Minister did not ask for that broker.

Lifting of the House of Representatives its sixteenth held today, chaired by Osama Najafi to next Thursday.

Denied a member of the Finance Committee, the parliamentary process that caused the deletion of zeros from the Iraqi currency occurrence of money laundering and financial and administrative corruption in it.

Baghdad (news) .. Revealed a political source familiar with the decision-making, that the United States began to exert pressure on all political blocs to resolve the current crisis to hit the country, noting that it addressed a meeting of the three presidencies in (48) hours the next to put mechanisms solutions to the crisis.

Baghdad (news) .. Denied a member of the Knesset Finance Committee for / Kurdistan Alliance / Najiba Najib enter any currency forged to the Iraqi market by Iran.

{Baghdad} Euphrates News said a member of the Commission on oil and energy parliamentary Odai Awad said his committee will host the oil minister, Abdul Karim and coffee.

Confirmed to the Commission on oil and energy in the House of Representatives, Tuesday, that the lack of legislation, the law of oil and gas to the now weakened its supervisory role on the performance of the Oil Ministry, indicating that the latter responded to the requests of the Committee and promised to send details of contracts concluded within the licensing rounds with foreign companies.

Lauded the Deputy Special Representative of the Secretary General of the United Nations in Iraq for political affairs and elections Korki Posten progress witnessed by the Kurdistan Region, noting that he would ask the Special Representative of the Secretary General of the United Nations in Iraq, noted in his report quarterly in New York to this progress.

. The General Directorate of issuing and cupboards are responsible for the control of counterfeit currency in the country . And hosted at the House of Representatives will reveal the fact whether there was a fake currency in the country or not to take such steps, if any.

The Council of Representatives, Tuesday, 16 of its second legislative term of the second legislative year, headed by Osama Najafi, and the presence of 239 deputies, with a parliamentary source said that the meeting will see the first and second readings of the nine bills, including the budget of 2012 and the lending staff.

The latest daily currency auction was held in the Central Bank of Iraq on the 31-JAN-2012. The results were as follows:

BAGHDAD – Babinaoz (Reuters) – criticized the parliamentary sources, according to a report published in the future of Iraq, the delay in activating the tariff law and the implementation of its provisions because it indirectly protect domestic industries that is a win, plus the national budget.

Received Prime Minister Nuri Kamal al-Maliki in his official office today by the Secretary-General of the Arab League, Ahmed Ben Helli.

Baghdad (news) .. Browse Foreign Minister Hoshyar Zebari, with the Chairman of the Executive Council of the United Nations Compensation Hanov Schumacher and Mojtaba Gazzaza Executive Secretary of the Committee and the delegation accompanying them, the development of reparations imposed on Iraq under Security Council resolutions.

Revealed the existing Iraqi President Iyad Allawi for his claim of President Jalal Talabani to mediate a meeting with Prime Minister Nuri al-Maliki to discuss the current political crisis in the country.

Denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh cited some of the media to remarks from some officials for the failure of the central bank to raise the Iraqi dinar against the U.S. dollar.

A commission of economy and investment representative for the Iraqi Central Bank to take a new financial measures in the coming days to curb the smuggling of hard currency. A member of the Committee of Economy and Investment parliamentary deputy for the coalition in Iraq Qusay Friday “is that a meeting took place recently with the Chairman of the Commission on Money Laundering and the Deputy Governor of Central Bank of Iraq and the Central Committee and the Economic Commission to discuss the issue of smuggling of foreign currency to Iran in order to solve this problem and find effective solutions to them.”

Baghdad (news) .. Warned the economic researcher Hussein star depletion of hard currency from Iraq for Iran as a result of the deterioration of its currency against the U.S. dollar.

Baghdad (news) .. Revealed the chairman of Bank of the economy Husam Obeid for the existence of intellectual backwardness of the characters, which leads the economic process in the country, which led to the deterioration of the banking sector in Iraq.

Baghdad, January 30 (Rn) – The Central Bank of Iraq, on Monday, he began to study the need of the project to delete the zeros to submit a bill to the House of Representatives for the purpose of legislation setting out the mechanisms and controls the process of removing three zeroes from the local currency, stressing that its law gives him the powers of a change in their local currency.

The MP said the coalition of state law on the Keywords that the Arab summit in Baghdad next March is a great asset for Iraq

Baghdad (news) .. team held a reform of public companies in the form of advisers Prime Minister’s Office in coordination with the World Bank meeting to discuss the steps and programs adopted to implement the roadmap (reforming public enterprises of the state) in the presence of UN agencies and international partners and units of the restructuring of public companies in the ministries concerned , along with a number of experts and advisers in the body.

The latest daily currency auction was held in the Central Bank of Iraq on the 30-JAN-2012. The results were as follows:

confirmed the Iraqi List, Monday, the return of its ministers in the government to the Council of Ministers after a week, denying the existence of pressure negative exercised on it to end its boycott of parliament and the government. The MP for the existing unit Jumaili in an interview for “Alsumaria News”, “ministers menu return of the meetings of the Council of Ministers after a week, “pointing out that” the list does not set conditions for a return, as some believe. ”