Archive for January 2, 2012

University calls for a toast on CBI’s adoption of a credit card in trade

Posted: January 2, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Tue 03/01/2012 7:19

The central bank of new mechanisms about foreign trade, means of financing by the government and the private sector, at the time called elite academy for the adoption of a credit card in the process of trade. The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh, said that foreign trade financing to the government and the private sector

Was conducted according to the annual trade preset named later (b Plan of Foreign Trade) in order to finance trade imports according to the government and private a number of mechanisms.

Saleh added, according to “news agency Uzmatk” The mechanism is to take over the government withdrawal from the reserve fund for the purposes of Government Commerce and settlement take place through the amendment of the budget constraints and the corresponding limitations over the balance sheet of the Central Bank. (more…)

CBI intervenes in defense of Iraqi dinar

Posted: January 2, 2012 in Iraqi Dinar/Politics, Top Headlines
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By Khayoun Saleh

Azzaman, January 2, 2012

The Central Bank says it will not allow the Iraqi dinar to depreciate and has been selling hundreds of millions of dollars to keep the currency stable.

The Iraqi dinar weakened in December last year, prompting the bank to sell dollars in a bid to withdraw cash from Iraqi markets.

The bank did not say what brought the dinar to plummet to lows it had not seen for years, but officials privately say the plunge might have been due to political uncertainty in the region. (more…)

Expectations of making Iraq the biggest player in the global oil market

Posted: January 2, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Tue 03/01/2012 7:47

Expected economic researcher Hussein star to become Iraq’s biggest player in the world oil market, particularly in the dialectic of prices during the next ten years. The star, according to the Agency (news): Iraq has undistributed oil strategically significant, and is expected to witness the discovery of new oil fields

And distinctive and high quality in all governorates of the country, noting that the IMF report on the oil and gas in Iraq, was based on old data and Mmsouhat.

He called the star to a new survey and accurate addition to studies prepared by the Iraqi experts as well as studies of international companies in order to enable Iraq to explore the fields and oil wells, a new, more of the figures mentioned by the report of the Fund, the World Bank’s oil and gas in Iraq. (more…)

ISX resumes trading session Tuesday after 10 day hiatus

Posted: January 2, 2012 in Iraqi Dinar/Politics, Top Headlines
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Resumption of trading sessions in the Iraqi market for securities

On: Tue 03/01/2012 7:15

The executive director of the Iraqi market for securities Taha Ahmed Abdul Salam, said the trading sessions in the market will resume from Tuesday night after a hiatus of more than ten days.

He added, according to Abdel-Salam, “news agency Uzmatk” The circulation has been the participation of 85 companies included in the regular trading sessions in the market, representing trades for investors realized the Iraqis and non-Iraqis. (more…)

The Central Bank intends to establish a Trade Bank of Iraq under the tutelage

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Translated by Iraqdirectory.com – [1/2/2012]

In a remarkable development the central bank revealed of its intention to subject the Iraqi Trade Bank of Iraq (TPI) to the guardianship of it in case that it did not improve its financial situation in a few months, stressing the need to restore all the bank loans and build a new lending policy.

The deputy governor of the Central Bank Mudher Mohammed Saleh said that the bank was founded in mysterious circumstances by decision of the civil administrator Paul Bremer and the company of the Council of Ministers until a short time in 2006, now under the supervision of the Central Bank and because of his own exposure to many problems, and because of what it suffered from big loans without pay, which amounted to one billion dollars. (more…)

Is it possible for Iraq to lead the Arab world economically

Posted: January 2, 2012 in Iraqi Dinar/Politics
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On: Tue 03/01/2012 7:12

Discuss President Obama and Prime Minister Nuri al-Maliki, a lot of important issues in Washington last Cansahab U.S. forces and the fragility of democracy in Iraq and the threat of Iran’s presence on the borders of Iraq and elsewhere. But the paragraph that was at the bottom of the agenda may be the most important factors in the future of Iraq, namely oil.

Iraq has the fourth largest oil reserves on the planet. This treasure to make Iraq one day more advanced countries of the region in terms of the economy. If Iraq was able to re-energize its oil industry, he can – with the nascent democracy – that becomes more developed countries in the Arab world.

Iraq hopes to increase its oil production from 2.7 million barrels per day currently to 13.5 million by the year 2018. The foreign experts that half this rate is considered a great accomplishment. In any case, the large increase in production will need to invest more than foreign companies that have the expertise and capital, which defeats Iraq through decades of war and unrest. However, this enthusiasm has waned due to routine delays and confusion of legal and poor condition of pipelines and storage facilities and export terminals and the like. (more…)

Maliki to discuss with the U.S. Senate delegation the activation of the strategic framework agreement between Iraq and the United States

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Date: Monday, 02/01/2012 18:12

Baghdad (news) .. Search Prime Minister Nuri Kamal al-Maliki with a delegation from the U.S. Senate led by Senator Joseph Lieberman of bilateral relations between Iraq and the United States.

A source in the Prime Minister (of the Agency news) on Monday: that al-Maliki met, on Thursday evening, the delegation of the U.S. Senate led by Senator Lieberman and discussed political developments in Iraq and the region, and bilateral relations between Iraq and the United States after the U.S. withdrawal from the country.

The source added: that the two sides stressed the need to implement the strategic framework agreement between Iraq and the United States, pointing out: that the U.S. delegation to the Prime Minister stressed the willingness of the U.S. Astmraraha with the support Iraq. (more…)

Ministry of Customs announces increased revenues; Calls for the application of tariff law

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Attributed the Director of the General Authority for Customs reasons for the decline revenue department over the past years to cancel the tariff law by the civil governor Paul Bremer in 2004, is regarded as the institutions where there is much corruption, stressing that he is working in coordination with the Inspector General to fight it.

The director of the Munzer Abdul Amir Asad Haider in an interview for the “morning”: that the revenues the General Customs Authority in November last year reached 50 billion and 955 million and 455 thousand dinars, as she was for the same month of 2010 about 29 billion and 237 million and 827 thousand dinars, thereby achieving an overall increase reached to 21 billion and 717 628 000 dinars, alluding to the bin the relay returns a month as the Finance Department to prepare reports at the same time prove relations department and information statistics on them. (more…)

Bremer: Withdrawal from Iraq will turn into three states

Posted: January 2, 2012 in Iraqi Dinar/Politics
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On: Tue 03/01/2012 9:43

Declared the former civilian governor in Iraq, Paul Bremer, announced yesterday that the withdrawal of U.S. troops from Iraq a “mistake”, and will lead to the division of Iraq into three mini-states and the outbreak of regional war in the region.

Quoted by U.S. media told Bremer that the U.S. had not leave Iraq at a time the last political conflicts, and because she did so, they will have to work much harder than before.

Bremer pointed out that the withdrawal of U.S. troops from Iraq was an important moment in history of American 2012, which indicate the end of the war Petrleon estimated cost of one dollar and the lives of countless parties, Americans and Iraqis. (more…)

CBI closes sales for the liquidation of accounts in 2011

Posted: January 2, 2012 in Iraqi Dinar/Politics, Top Headlines
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Iraqi dinar, Iraq moneyBaghdad, January 2 (Rn) – The Central Bank of Iraq on Monday that he closed his sales to liquidate the accounts of the 2011 final.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) “did not open today, the Iraqi Central Bank foreign exchange market to settle accounts in 2011 and get ready to open shops in 2012.”

He added that “these technical measures do not affect the trading price of the dollar in the markets,” noting that “there will be a final settlement of accounts for the year 2011 by a committee of experts and laws.”

(more…)

A delegation from the U.S. Congress Arrives in Baghdad

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Date: Monday, 02/01/2012 16:26

Baghdad (news) .. Arrived this afternoon to Baghdad, a delegation from the U.S. Congress to visit the two-day, to discuss relations, Iraq – the U.S..

A source at the Ministry of Foreign Affairs (agency news) on Monday: that a delegation from the U.S. Congress arrived this afternoon in Baghdad on a visit for two days, will meet during delegation, Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi promise of political leaders, to discuss a number of political issues.

The source added: that the delegation will meet with Maliki on Thursday evening, and will discuss with him many of the political issues will also discuss the relations between Baghdad and Washington.

http://bit.ly/vIU96e

$83 billion; Iraq’s oil revenues in 2011

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Declared Iraqi oil marketing company (SOMO), Monday, the Statistics Iraqi oil production during 2011, noting that export earnings amounted to about $ 83 billion for the whole year.

The head of the Iraqi Oil Marketing Company (SOMO), Falah al-Amiri said that “export revenues amounted to about $ 83 billion for the whole year.”

And the oil wells are usually vulnerable to armed activities, often lead to major damage, some of which stop in oil exports, while the back of the Directorate General of Oil Police, Interior Ministry’s reasons for these operations to the small number of guards and the lack of the Directorate to the new technologies, as promised to the losses of such explosions equivalent to its annual budget. (more…)

Finance Committee confirms that the impact of the political crisis will not influence 2012 budget

Posted: January 2, 2012 in Iraqi Dinar/Politics

Confirmed the parliamentary Finance Committee, on Monday, not to influence the current political crisis in approving the budget in 2012, pointing out that the parliament will discuss the transfer of projects is announced to the provinces to work on their achievement.

It is scheduled to discuss the House of Representatives to be held at its, on Tuesday, the budget in 2012.

A member of the Finance Committee Secretary Hadi said in an interview for “Twilight News” “The adoption of the budget will not require political consensus, and this issue is far from the disputes and outstanding issues, and settled between the political parties,” noting that “the Finance Minister Rafie al-Issawi called the House of Representatives to speed up in approving the budget in 2012, there are no objections from the menu on Iraq in this regard. ” (more…)

Economic Researcher: Iraq will become a driving force in the global oil policy after ten years from now

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Date: Mon 02/01/2012 8:48

Baghdad (news) .. Likely economic researcher Hussein star that Iraq will be a driving force in the management of oil policy, and influential first in oil prices in international markets within the next ten years.

He said the star in a statement to the Agency (news) on Monday: that Iraq has oil reserves, strategic, It is expected to witness the discovery of new oil fields and distinct and high quality in all governorates of the country, adding that the IMF report on the oil and gas in Iraq, was based on Mmsouhat and old data. (more…)

Minister of Reconstruction, Nabil discusses with the Arab role of Iraq and the economy development system under the League of Arab States

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Date: Monday, 02/01/2012 13:20

Baghdad (news) .. Research and Minister of Construction and Housing Mohammed Darraji with the Secretary-General of the Arab League Nabil Arab Arab conditions especially with regard to development and the economy, housing and the role of Iraq under the University system.

A statement of the ministry received the Agency (news) a copy of it on Monday Darraji saying after the meeting that the meeting also dealt with the developments in political matters and the importance that Iraq would take its leading position among Arab countries and play an active role and influence under the system of the Arab League. (more…)

Iraqi parliament ends recess to convene a meeting tomorrow, the center of weights not to be held

Posted: January 2, 2012 in Iraqi Dinar/Politics
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02/01/2012 13:51

Erbil, January 2 (Rn) – A member of the Iraqi Council of Representatives on Monday, was scheduled to end the Parliament tomorrow New Year holiday to convene a meeting with a second reading of the draft general budget bill for 2012, likely not in session, the session due to continued differences between the blocks policy within the Council.

According to the MP for the coalition of Kurdish blocs light Dargaia told the Kurdish news agency (Rn), that “It is expected to end the Iraqi parliament tomorrow, New Year holiday to convene a meeting with a second reading of the draft general budget bill for 2012,” likely “not to convene the hearing due to lack of quorum against the backdrop of the continuing differences between the coalition and Iraqi rule of law within the Council. ” (more…)

UN representative Kobler meets Finance Minister Issawi and calls for urgent solution to the crisis

Posted: January 2, 2012 in Iraqi Dinar/Politics

Monday, 02 December / 2 January 2012 14:41

Invited the representative of the Secretary-General of the UN, Martin Kobler in a meeting with leader of the Iraqi List and the Finance Minister Rafie al-Issawi to “resolve the current crisis is urgent and spare Iraq the negative effects caused by the differences between political partners.

A statement from the Office of the Issawi Issawi Koppelralttorat discussed with the political and the current crisis to hit the country because of differences between the parties in the political process. (more…)

United Nations Kubler, Finance Minister Issawi discuss with political developments and the current crisis in the country

Posted: January 2, 2012 in Iraqi Dinar/Politics

Date: Monday, 02/01/2012 14:22

Baghdad (news) .. Research and Finance Minister Rafie al-Issawi with the Representative of the Secretary General of the United Nations in Iraq, Martin Kobler political developments and the current crisis to hit the country because of differences between the parties in the political process.

A statement of the Office of Issawi received Agency (news) a copy of it on Monday Issawi confirmed during the meeting the importance of resolving outstanding issues between the parties through dialogue. Stressing the importance of supporting initiatives called by both President Jalal Talabani and Kurdish regional President Massoud Barzani and the initiative of President of the Islamic Supreme Council Ammar Hakim, the cleric Moqtada al-Sadr. (more…)

Iraq witnesses a decline in violent deaths in 2011

Posted: January 2, 2012 in Iraqi Dinar/Politics
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BAGHDAD – AFP: the numbers of Iraqis who were killed in the violence, a significant decrease during the month of December compared to November, as was the whole of 2011 compared with 2010, according to official figures published on Saturday night.

In total, 155 Iraqis were killed 90 civilians and 36 policemen and 29 soldiers in attacks in December, according to figures from the Ministries of Interior, Health and Defence. These monthly revenues are among the lowest since the U.S. invasion of Iraq in March 2003. (more…)

Iraqi List renews conditions for attending emergency meeting

Posted: January 2, 2012 in Iraqi Dinar/Politics

02/01/2012 10:21
BAGHDAD, Jan.2 (AKnews)- Iraqiya List won’t participate in the due crisis meeting of the political leader unless some conditions are met, an Iraqiya deputy said today.

Recent steps against two Iraqiya leaders have further deepened the crises in the country. Baghdad issued an arrest order against Vice President Tareq Hashemi for his alleged involvement in terrorist operations. Iraqi Prime Minister Nouri al-Maliki also sacked his Iraqiya deputy, Saleh Multag, saying Mutalg does not believe in political process. (more…)

State of Law bloc leader advises Iraqi List to reconsider its policies

Posted: January 2, 2012 in Iraqi Dinar/Politics
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02/01/2012 12:02

BAGHDAD, Jan.2 (AKnews)- A member of the State of Law Coalition (led by Iraqi Prime Minister Nouri al-Maliki) advised Iraqiya List leaders to reconsider their policies towards their members instead of accusing others.

Recently some members of the Iraqiya List (led by Maliki’s elections’ rival Ayad Allawi) in Wasit, Basra, Najaf and Babel provinces withdrew from the List on the ground that “the List has deviated from its original political agenda.”

Iraqiya held SLC for the splits, accusing SLC of putting pressure on Iraqiya members. (more…)

Shara: Iraqi ministries served by proxy is normal and an emergency landing

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Monday January 2, 2012

Baghdad / babysit – between a member of the National Alliance Furat al-Shara said the statements referring to the collapse of the political process and access to the path is closed and is often pessimistic and Aqaah.

Shara said in a statement (radio, public opinion) today to two: “These statements, which launches on the occupancy and the ministries of the Iraqi List, the Agency is a realistic fact that this is normal because it is an emergency landing in the current circumstances after the suspension of ministers of Iraq for their attendance at the Council of Ministers.”

(more…)

Abboud: Change the ministers do not serve the Iraqi political process and the path of the state

Posted: January 2, 2012 in Iraqi Dinar/Politics

Monday January 2, 2012

Baghdad / babysit – A member of the Iraqi List MP Walid Abboud said the process of change and ministers do not serve the Iraqi political process does not serve the course of the state.

Said Abboud P told (radio public opinion) on Monday: “The ministers of the Iraqi List commented attend meetings of the Council of Ministers, as they have their work in the ministries whenever needed.” Noting that no right to the President of the Council of Ministers dismiss any minister because of absences from attendance to the Council of Ministers. ” (more…)

Editorial: Maliki .. Shiite version of Saddam Hussein

Posted: January 2, 2012 in Iraqi Dinar/Politics
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Asked the newspaper “The Independent” British whether the disintegration of Iraq is the last under the current crisis, which threatens more specifically sectarian divisions between Sunnis and Shiites. He spoke by Patrick Kkbron in the article, the newspaper about the situation in Iraq, and said that the three main parties in the country, the Shiites, Sunnis and Kurds, can not govern together, as that every one of them can not be judged on its own, threatening to divide the country.

He continues by saying that the bombings in Iraq last November, and although they were not very like, but that represented a sign of the changing political chief in Iraqi politics, as it was used as a pretext on the part of Prime Minister Nouri al-Maliki, who considered it an attempt to assassinate him, and has a background charges against the Iraqi Vice President Tariq al-Hashimi were involved. (more…)