Archive for March 23, 2012

Baghdad in preparation for the summit: a workshop in the restoration of relations, Iraq – Kuwait

Posted: March 23, 2012 in Iraq: Chapter VII, Top Headlines
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On: Saturday 03/24/2012 10:04

Can be described relations between Iraq and Kuwait in the past few years to “wick fast ignition,” Vtsrih small Kuwaiti or Iraqi official was enough to collapse months of rapprochement efforts. Baghdad, but finally succeeded, after 23 years of estrangement and alienation, in a serious breakthrough with its southern neighbor.

The visit of Prime Minister Nuri al-Maliki of Kuwait, touched a raw nerve in the issue of relations between the neighbors, and was, according to observers, the first barrier Firecracker ice accumulated. (more…)

Central Bank of Kuwait: the dinar basket «secret» to protect it from speculative

Posted: March 23, 2012 in Iraqi Dinar/Politics

Sakka: Currency does not provide stability in the exchange rate if trade were concentrated with a particular State

16 / March / 2012 sources reported that the Central Bank of Kuwait, the components of a basket of currencies dinar confidential, although the countries of the world that follow the system determine the rate of exchange on the basis of a basket of currencies are the announcement of the basket, noting that the goal is to protect the local currency of the speculative pressures in the event of predicted weights change due to change in the distribution of trade, which displays the local currency to speculative attacks, particularly if it comes to the currency of a country that has great weight in the basket. (more…)

Iraq receives further requests from the World Trade Organization; Accept full membership is conditional on laws being changed

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Updating :: 03/23/2012 12:24

Iraq received a list of applications for the amendment of the majority of laws and other legislation as a condition for accession to the WTO.

The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh, “has already been carried out of the Iraqi in charge of follow-up procedures for joining the World Trade Organization several rounds of negotiations with the organization,” noting that it “reached as we receive a long list of demands that can be described Palmakdh.” (more…)

Parliamentary committee: tariff system will [support] Iraq’s entry into WTO

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Baghdad, March 23 / March (Rn) – The Commission on economy and investment representative, on Friday, Iraq, that the application of the system will enter the customs tariff within the WTO, noting that the government is obliged to take action to protect the economy and lack of high prices.

The Finance Minister Rafie al-Issawi, announced last week, the identification of the first of next June as the date for the work of the customs tariff system in Iraq after being postponed twice, “stressing that” this time can not be delayed by the work. ” (more…)

Who is responsible for the benefit of the loss of Iraqi funds? Specialists: 17.5 billion dollars have been disbursed from the Development Fund for Iraq

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Confirms the Special Inspector General for Iraq Reconstruction that a committee immediate follow-up (Committee to Protect Iraq’s money abroad) that the $ 6.6 billion is believed to be missing, or perhaps stolen from the funds of the reconstruction of Iraq and the amounts stolen or lost started to fade away day after day for many reasons such as lack of sergeant directly by the Iraqi government, or its presence in the hands of dishonest and despite reports sent sent by Iraq to the United Nations about the theft of this money is still going towards silence and the questions are many, and perhaps most important: Who is responsible for the benefit of? What is the fate of billions in Iraq? (more…)

Depletion of foreign currency in Iraq

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Economic Commission warned by MP / coalition in Iraq / Nora Albjara process of depletion of the hard currency of the country as a result of the deterioration of the Syrian pound against the U.S. dollar, will affect the exchange rate of the Iraqi dinar against international currencies.

The Albjara (of the Agency news) on Wednesday: The low exchange rate of the Syrian pound against the U.S. dollar will lead to the withdrawal of foreign currency from local markets in favor of Syria, as happened recently when the deterioration of Altoman Iran to the U.S. dollar, and this will affect the value of foreign currency in Iraqi markets and the low exchange rate of the dinar against the dollar. (more…)

National Accord (Allawi) rejects Maliki proposal concerning the date of the National Conference after Summit

Posted: March 23, 2012 in Iraqi Dinar/Politics
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23/03/2012 12:36

Baghdad, March 23 / March (Rn) – rejected the National Accord Movement, led by Iyad Allawi Friday a proposal by Prime Minister Nuri al-Maliki about the scheduling of the National Congress during the first week of next month and considered it “procrastination and Tsoeva” by a coalition of state law for the conference.

The Iraqi List, and insists on the need to hold a national conference before the Arab Summit with the possibility of keeping it open until after the summit that I felt “serious intentions” of the other parties. (more…)

CBI warns of rising inflation

Posted: March 23, 2012 in Iraqi Dinar/Politics, Top Headlines
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On: Friday 3/23/2012 6:07

Warned the deputy governor of the Central Bank of the appearance of Mohammed in favor of high rates of inflation in the country when applying the law of customs tariff, attributing this to the increase in commodity prices and food. Saleh said, according to the Agency (news) that the law on customs tariff is one of the internal factors.

That may lead to high rates of inflation in the country by increasing the prices of materials and goods imposed by the tariff Kmarkip in local markets as well as external factors which play a major role in high rates of inflation, which is called “inflation in transition” that comes through the importation of goods at high prices from overseas. (more…)

Economist failure reasons attributed to the reluctance of Bourse investment projects and lack of capital banks

Posted: March 23, 2012 in Iraqi Dinar/Politics, Top Headlines
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Date: Friday, 23-03-2012 03: 03 pm

Baghdad (newsletter) … Economic expert explained on behalf of the beautiful failure Bourse to reluctance of investment projects in the country, led to a few headers money circulating in Iraq market for securities. (more…)

Unemployment and lack of services in spite of the huge budget for Iraq

Posted: March 23, 2012 in Iraqi Dinar/Politics, Top Headlines
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Are free – Rep. for a coalition of Kurdish Blocs that Ashwaq dry state budgets over the past nine years and reached the huge numbers were offset by a significant deterioration in the development of the citizen, who is still suffering from a lack of services and widespread unemployment. (more…)

Iraq assumes Arab League Presidency from Libya

Posted: March 23, 2012 in Iraqi Dinar/Politics, Top Headlines
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Baghdad (AIN) –Activities of the Arab League Council for the Permanent envoys of the Arab Countries within the Arab League on Thursday when the Iraqi Envoy, Ambassador Quays al-Azzawi, assumed the Presidency of the Arab League from the Libyan Envoy Omar Hamad al-Aukali. (more…)

Adviser to Maliki: Arab summit conference will be held at the Presidential Palace

Posted: March 23, 2012 in Iraqi Dinar/Politics, Top Headlines
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23/03/2012 AD

Fadel Muhammad said an adviser to Prime Minister Nuri al-Maliki said the Arab summit will be held in the compound of the prime minister in Baghdad.

Mohammed told the News} {Euphrates today that “the Arab summit meeting to be held in the Government Palace Presidential Palace formerly was the place to create more suitable for the presence of Arab leaders.” (more…)

The late adoption of the law of oil and gas will lead to confusion in the management of oil wealth

Posted: March 23, 2012 in Iraqi Dinar/Politics, Top Headlines
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22-03-2012 09:00 AM

A member of the Commission on oil and energy in the House of Representatives Furat al-Shara oil and gas law in the basic mechanism of policy-making strategy between giant oil companies and the Oil Ministry, pointing out that the delay of this law will lead to a lack of clarity and transparency in the political oil.

Shara said the newspaper that the term not to adopt the law of oil and gas will reflect negatively on the nature of the interaction between giant companies in the extractive industries, or even exploratory and transportation companies. (more…)

Zebari corners: Nineveh Council resolution not to deal with article 140 will be discussed in the House

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Date: Friday, 23-03-2012 09: 55 am

Baghdad (newsletter) …Member/existing Iraqi Ninewa/Deputy Chief Arshad Zebari Ninawa Governorate Council’s decision not to deal with article 140 of the Constitution will be debated in the House of representatives in the presence of representatives of all political blocs and the other slides.

He said Zebari told reporter (News Agency news) on Friday: Iraq has many themes at the moment and notably the question of Arabic Summit this weekend and how their success. (more…)

Staff Zebari: the decision of the Council of Nineveh not to deal with Article 140 will be discussed in the House of Representatives

Posted: March 23, 2012 in Iraqi Dinar/Politics
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23.03.2012

Baghdad (news) According to a member / the Iraqi List, from Nineveh / MP staff Arshad Zebari that the decision of the Council of Nineveh province, not to deal with Article 140 of the Constitution will be discussed in the House of Representatives in the presence of representatives of all the political blocs and other segments. (more…)

Not Iraq, including: Washington exempts 11 countries from the application of US sanctions on Iran?

Posted: March 23, 2012 in Iraqi Dinar/Politics
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21-03-2012 02:30 PM

Are free – The United States decided on Tuesday, exemption from eleven countries including Japan, France, Germany, Italy and Spain from financial sanctions targeting institutions that contribute to the export of Iranian oil.

Said Secretary of State Us Hillary Clinton said in a statement that ‘this exemption for a period of 180 days and viable renewable-including countries significantly reduced the volume of imports of Iranian oil. ” (more…)

U.S. Ambassador: stand by Iraq to maintain its land and waters and flow ports and maritime transport

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Told the U.S. ambassador to Iraq, James Jeffrey , Minister of Transport Hadi al-Amiri today his country’s readiness to stand by Iraq to maintain the land and waters and work flow ports and maritime traffic. “

A statement from the Ministry of Transport, the minister met with U.S. Ambassador and discussed ways to develop the transport sector in Iraq and the possibility to take advantage of U.S. expertise and capabilities in this area.

The statement added that the two sides discussed the preparations to host the Arab summit

http://bit.ly/GVFXJA

Economic necessities of the Baghdad summit

Posted: March 23, 2012 in Iraqi Dinar/Politics
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Are free – The director of ‘management studies and economic relations – League of Arab States’ Iraqi researcher Thamer Mahmoud al-Ani, that there is an economic necessity for the Baghdad summit requires research and cooperation.

Ani said that ‘the importance of holding the summit at this stage comes from the wave of revolutions and massive protests that swept across the Arab world. In spite of our conviction of the importance of the political reasons for such revolutions and protests, but the economic factors were the common denominator in all of them. Valada economic for the Arab States have mostly come in the bottom of the order of the world in the indicators of competitiveness and ease of doing business, so the Arab peoples arose against poverty, unemployment, illiteracy and low growth rate and poor distribution of resources and corruption, which makes holding the summit in this circumstance is important for Arab economic integration and the necessity for National security ‘. (more…)