Archive for February 7, 2012

Prep meeting before National Conference ends with agreement by political parties

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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Khuzai: next week will see a meeting to discuss the working papers to be submitted by political blocs
On: Tuesday 02/07/2012 15:14

Baghdad (news) .. Deputy President of the Republic Khodair al for the meeting of the Preparatory Committee of the National Conference which was held yesterday at the home of President Jalal Talabani, has been successful has been agreed between all parties involved in the political process such that the Constitution is the sole authority to resolve all disputes and to ensure the independence of the Iraqi judiciary. (more…)

New York Times: U.S. Planning to Slash Iraq Embassy Staff by Up to Half

Posted: February 7, 2012 in Iraqi Dinar/Politics
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BAGHDAD — Less than two months after American troops left, the State Department is preparing to slash by as much as half the enormous diplomatic presence it had planned for Iraq, a sharp sign of declining American influence in the country.

Officials in Baghdad and Washington said that Ambassador James F. Jeffrey and other senior State Department officials are reconsidering the size and scope of the embassy, where the staff has swelled to nearly 16,000 people, mostly contractors.

Read more:  
http://www.nytimes.com/2012/02/08/world/middleeast/united-states-planning-to-slash-iraq-embassy-staff-by-half.html?_r=1

Kurdish MP: Maliki’s visit to Kuwait should involve serious discussion about removing Iraq from Chapter VII

Posted: February 7, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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Kurdish MP: Maliki’s visit to Kuwait enough to remove Iraq from Chapter VII

Tuesday, February 7, 2012 11:30

Said the Kurdistan Alliance MP Farhad Atrushi that the upcoming visit by Prime Minister Nuri al-Maliki should discuss the issue of withdrawal of Iraq from Chapter VII

He said Atrushi told all of Iraq [where] that “there are three issues critical to be included in the agenda of al-Maliki in the upcoming visit to the State of Kuwait, the [out of Iraq from Chapter VII and the issue of border demarcation and the issue of debt and compensation].” (more…)

New investment laws needed – National Alliance MP

Posted: February 7, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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A National Alliance MP commented that investment requires the drafting of new laws and real governmental support in order to eliminate unemployment.

“The development of investment is connected to the Parliament legislating new laws, in addition to a number of procedures to support such development,” MP Mohammed al-Hindawi told Aswat al-Iraq . (more…)

Iraq’s economy is struggling due to central policy

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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Date: Monday 02/06/2012 18:31

Promising center «Carnegie» International Research report dealt with the economy of Iraq Almtakbt, he considered that «after about ten years to change the Iraqi regime, is still troubled economy of this country».

The report pointed out that «so far, has not taken the necessary economic measures to strengthen the political agreements, such as the application of administrative decentralization policies in order to address the negative effects left behind by the economic regime of Saddam Hussein in the provinces, as well as enliven the economy dead in restive areas». The report also pointed out that «for four decades, the Iraqi government has pursued economic policies based on the strategy of exclusive central administration, which led to the impoverishment of the rest areas for the benefit of Baghdad». (more…)

Iraq has More than $60 billion in Foreign Reserves

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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Posted on 07 February 2012. Tags: c

Iraq now has over $60 million in foreign currency reserves as a result of the country’s oil sales, according to a report from Azzaman.

Mudher Saleh, a consultant with Iraq’s Central Bank, said the reserves are the highest in the country’s history, and are more than enough to cover the total volume of national currency currently in circulation. (more…)

Director of Association of private banks: Conflicts of government decisions is an obstacle to the development of the work of banks

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Tuesday 02/07/2012 11:50

Baghdad (news) .. criticized the director of the Association of private banks Abdul Aziz, the decision of the Ministry of Finance, which provides for the prevention of dealing with private banks, as it would hurt the economic process, as he put it.

said Hassoun (of the Agency news) said on Tuesday: The most important obstacles that stand in front of the work of banks Iraq is the inconsistency of decisions and instructions issued by the Central Bank and Ministry of Finance, through the issuance of a decision by the Ministry of Finance not to deal with private banks because they are not disciplined, while the Central Bank underlines the need to deal with it. (more…)

Plans to sabotage the Iraqi economy: Printing of counterfeit currencies in Sadr City and Alaptaoyen

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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06/02/2012 14:36

Baghdad / Orr News
Baghdad was particularly Sadr City district of Baghdad Alaptaoyen in the sale and exchange of counterfeit currency. He revealed that currency traders in the “Million sold counterfeit dinars of € 350 000 and 10 thousand dollars of $ 4.5 million dinars.”

While the First Deputy Governor of Baghdad and head of the money smuggled Mohammed Al Shammari form a committee to adjust the money smuggled and prohibited currency circulation and include cash and in kind, the central bank reduced the size of the fake money. They noted that “most of who are dealing currency forged using false names and that there are people who have knowledge in regulatory agencies informing them of any case of inspection for Rasha large pay them”, to arguing that “people who take this money trying valued in many ways, including through the purchase of goods or old in order to make it easier to process Tmsheetha citizens. ” They said that the “fraud includes all categories except for small groups to” arguing that “the money to visit in two areas of Baghdad is a city in the chest and Husseiniya houses no one knows its place knowing that the currency exchange places are determined by the phone.” (more…)

Economist warns people are waiting to commit fraud once deletion of the zero’s is executed

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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Economic Analyst Ihdhirmn the emergence of the phenomenon of fraud and money laundering coinciding with the implementation of the project to delete the zeros from the currency
On: Tuesday 02/07/2012 14:15

Baghdad (news) .. warned economic analyst cute Abdel Salem Ugaili of the emergence of the phenomenon of fraud and money laundering coinciding with the implementation of the project to delete the three zeroes from the Iraqi currency.

said Ugaili (of the Agency news) said on Tuesday: A lot of people in conflict with the law now awaiting execution project to delete the zeros of the three of the Iraqi currency in order to carry out forgery of the currency of the new Iraqi and processes to money laundering. (more…)

Diplomats use Twitter to discuss the upcoming meeting between Iraq and Kuwait

Posted: February 7, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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Marriage «fun» Kuwait to Iraq after the Arab summit .. Diplomat on Twitter «bed» Mubarak crisis Evtolha a third party!!

07.02.2012 0:00

Grdt Kuwait and Baghdad, on a branch of absorption of the crisis, after a flared line already tense between them, during the past two days, when open file “port” Mubarak again, after he had ratified the vision and lied to the agreement, the last time, Prime Minister Nuri al-Maliki that what has been agreed with Kuwait is the completion of the three phases of the port, which “hamper!” navigation to the shores of Iraq, does not stifle the port sea port on the Gulf, appeared to Kuwait went on the completion of “Phase IV”, and she did not respect the agreement that there was an agreement originally , if not Mmutalh and Tsoeva and “Morvina” from the government to calm the street and Lzb the honor of the neighboring country that seems to be on the Iraqis bear the brunt of the burdens of Saddam’s regime. (more…)

CBI Daily Currency Auction Feb 7 2012: $37.6 million

Posted: February 7, 2012 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 7-FEB-2012. The results were as follows:

DETAILS NOTES
Number of banks 10
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 37,660,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 37,660,000
Total offers for selling (US$) —–

Deputy for the State of Law: National Meeting held no later than February

Posted: February 7, 2012 in Iraqi Dinar/Politics
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On: Tuesday 02/07/2012 15:32

Baghdad (news) .. Predicted by a coalition of state law MP / National Alliance / Abbas Hammoud broadly, a National Meeting during the month of February now.

said broadly in a statement (of the Agency news) said on Tuesday: The Commission on the preparatory problem of (6) members of the political blocs in addition to the President National Alliance Ibrahim al-Jaafari will put times and place of the conference and the number of Hadharah and agenda, after the collected papers of action submitted by the political blocs, noting that the Forum held during the next few days does not exceed the month of February now, because most of its requirements have been completed.

(more…)

Iraq: Najafi presents a road map to resolve the political crisis

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Tuesday 02/07/2012 15:41

Anticipate the Iraqi parliament speaker Osama al the upcoming conference of the Iraqi political forces launched a road map, and the priorities of the work out of the deepening political crisis, and the achievement of national partnership in order to prevent Iraq’s slide into sectarian conflict.

The introduction of plagues Najafi at a time of political blocs to finalize the Conference of the political blocs to be held soon under the auspices of Iraqi President Jalal Talabani.

Najafi has called to set time limits to complete follow-up and implementation committees through which what is agreed upon at the national conference next offering in a speech during a ceremony marking the Prophet’s roadmap includes 4 axes out of the political crisis. (more…)

Tohme: National Alliance and Talabani are ready for any proposal that would resolve the crisis

Posted: February 7, 2012 in Iraqi Dinar/Politics, Top Headlines

On: Tuesday 02/07/2012 15:26

Baghdad (news) .. Said the head of the Virtue affiliated member / National Alliance / Ammar Tohme that President Jalal Talabani and the National Alliance are ready to remove any obstacle to the agreement of the political partners on a paper alliance.

said Tohme said in a statement received the Agency (news) a copy of it on Tuesday: The members of the Committee Preparatory held their second meeting yesterday amid positive atmosphere and made ​​the National Alliance and a working paper in which he reviewed all the problems encountered in building the diversity of subject matter of the Executive, legislative and associated powers to the provinces and territories in addition to some of the issues of political controversy.

(more…)