Archive for April 20, 2012

04/21/2012 0:00

great ambition to Iraq to join the World Trade Organization and which fall under its umbrella more than 154 countries under all the laws governing the work of their trade in accordance with strict controls, regulating exports and imports of the country of quality, particularly that Iraq until today not been able to enter into the field of production the actual position to achieve their goals, the conditions of accession to this edifice the world is important. (more…)

Friday, April 20 / April 2012 14:19

Most likely a member of the parliamentary finance committee of collusion by some government officials and traders with officials at the Central Bank caused an increase of high exchange rates of the dollar against the Iraqi dinar.

A member of the Committee Haitham Jubouri told all of Iraq [where] the day Friday, “I do not rule out that there is collusion and cooperation between some government officials, traders and businessmen with some weak people, and corrupt at the central bank behind the process of increasing the height of the dinar against the dollar in order to gain and personal interests, especially since the issue of corruption in the country today, and even use for everyone and exist in many state institutions. ” (more…)

Please note: This article was submitted to TheCurrencyNewshound however has no valid source link. Therefore it is unverified at this point.

20.04.2012

Confirmed to the Committee on Energy in the House of Representatives that the law, oil and gas controversial will be presented to Parliament for discussion after the end of the holiday Legislative Council in mid-June.

A member of the Kurdistan Alliance MP Qassem Mohammad Qasim that the vote was within the Commission to adopt the 2007 version of the law of oil and gas, adding that the parliament will be some additions and amendments to this version before it is put on the House of Representatives for a vote. (more…)

Date: Friday, 20-04-2012 12: 10 pm

Baghdad (newsletter) … The parliamentary Economic Committee welcomed the decision of the General Secretariat of the Council of Ministers await the draft deleted three zeros from the Iraqi currency, saying time is ideal, and needed time to implement it.

And Economic Committee Chairman MP/Iraqi/coalition Ahmed Al-alwani (News Agency news) on Friday: the resolution issued by the Presidency of the Council of Ministers to postpone the project deleted three zeros from the local currency is professionally before politically, because the draft was important and needed time to study and identify the most critical, the fact that the Iraqi dinar is a national currency and no ideological or national identity. (more…)

Date: Thursday, 04/19/2012 23:54

Iraqi ambassador in Kuwait that the Iraqi-Kuwaiti Higher Committee will meet on 29 April under the chairmanship of the current foreign ministers of both countries.

Said Mohammed Hussein Bahr al-Ulum’s “citizen” that “there are many issues between Iraq and Kuwait in the economic and political agenda there is a wide range of political issues awaiting the Joint Committee between Iraq and Kuwait to discuss.” (more…)

A number of economists from the negative repercussions that could affect, directly on the fluctuation of exchange rates of the local currency of the Iraqi dinar in the country, emphasizing in conversations for (newspaper Citizen) “: that the central bank does not have the ability to control the value of Iraqi dinar against the Dollar, demanding them of the need to take effective action to increase the value of local currency in the country. economist behind Kanani “: called to the need to speed up the control of the prices of the domestic currency in the country, what are its fluctuations in value in recent weeks. and Kanani”: to

The use of a group of financial experts and economists working on international risk mitigation of the problems that will arise on the currency, Mdzma “: that the entry of the international experience of economic and financial will help the central bank to control the Iraqi dinar exchange rate.

He added: “The value of Iraqi dinar fluctuated as a result the demand for the dollar this, which led to lack of control over the Iraqi dinar, despite authorized by the Central Bank and its ability to control exchange rates, but it’s just a statement (unsuccessfully) to limit the words and reflect the health of what we see in the Iraqi street due to increased demand for the dollar.

said Kanani at the end of his talk with the (newspaper Citizen) “: that of neighboring states is the actual cause behind the lack of stability of the dinar Iraq as a result the demand for the dollar and the resulting inability of the central bank to maintain the value of the local currency. and cycle saw an economist, Ghassan al-Amiri, “The monetary policy in Iraq should aim to reduce the impact of fluctuating exchange rate of Iraqi dinar on the inflation rates in the country.

The Ameri’s (newspaper Citizen)”: that the issue of the dinar exchange rate should be considered to in the overall monetary policy framework of the state, stressing that the volatility evident in the Iraqi dinar exchange rate could lead to loss of confidence of local citizens Bammelth.

He said, adding: “that the fluctuation of the value of Iraqi dinar against the U.S. dollar continued and growing daily, without that there will be control of the real by the Central Bank!! Suggest Amri”: the most important ways to control the value of Iraqi dinar is to work on finding additional sources to bring the currency Alajnah of the Iraqi market and the need to work to find the products effectively such as the development of Iraqi industries, agricultural and strengthening trade exchange between countries that have trade exchange among traders only in local currency. For his part, Vice Governor of the Central Bank of the appearance of Mohammed, “The Bank is continuing to hold Mzhadath daily aim to create a balance price between the dollar and the dinar.

However, the benefit confirmed in a statement: “The central touch recently mismatch between the needs of the market from the dollar and what is being purchased in daily auctions of the coin, which invited him to look carefully about the reasons for this popularity is not reasonable to buy the dollar at a time does not require the volume of exchanges, only a quarter of what is being pumped from the dollar.

The government has formed a committee to follow up the issue of the rise of the dollar and the fluctuation of exchange rates of the Iraqi dinar headed by Deputy Prime Minister for Energy, Hussain al-Shahristani, prompting surprise economists that the Committee did not include experts from the Central Bank is on this issue as it did not include economists and limited to the Secretary General of the Council of Ministers and is known not to his knowledge of economic matters as the Chairman of the Committee has no experience in this matter, a specialist energy things in addition to other employees are not interested in the case.

http://bit.ly/J0D7W8

On: Friday 04/20/2012 22:59

The member of the Integrity Commission, Khalid al-Alwani, parliamentary government to develop quick solutions to reduce the phenomenon of unemployment among young people who graduated from the universities did not find work.

He said al-Alwani, according to the Agency (news): The successive governments after 2003, failed in the management of the economic file, noting that this failure came in varying degrees in the application of strategy and economic policies able to build an economy capable of ensuring sustained economic growth. (more…)

2012-04-20 13:40:03

BAGHDAD (Iba) … The MP said the Kurdistan Alliance Majid Ismail that Massoud Barzani, like other national leaders nervous about the return of dictatorship to Iraq, pointing out that the Iraqi people suffered a lot of dictatorship in the previous regime. He added that the Kurdistan Alliance and the Iraqi List, fully agree to be discussed at the conference agreement for the application of mechanisms of Erbil. (more…)

Thursday, 19 April 2012

Baghdad (AIN) –The Political Committee of the Iraqi National Alliance decided to hold its meeting next Saturday.”

A source from INA reported to (AIN) on Thursday “”The Political Committee of the Iraqi National Alliance will hold an important meeting next Saturday evening at the residence of the INA’s head Ibrahim al-Jaafary and with attendance of the Premier Nouri al-Maliki.”

“The meeting will discuss issues related to the National Meeting, political updates and the Court of Cassation,” the source concluded.

http://bit.ly/HMS6j5

Friday, April 20 / April 2012 12:06

Deputy called for the National Alliance to hold early parliamentary elections to resolve the current political crisis.

The MP said Jawad Albzona in a statement received by all of Iraq [where] a copy of it today that “the House of Representatives has become constrained by political differences and unable to legislation of important laws dealing with corruption and what calls for an early legislative elections.” (more…)

On: Wednesday 04/18/2012 20:25

First Kuwaiti plane landing in Iraq after a hiatus of 22 years

After the break lasted for more than 22 years the first flight landed directly Kuwait to Iraq in Najaf International Airport, carrying 157 passengers, including the Ambassador of Iraq in Kuwait, Mohammed Hussein Bahr al-Ulum and the Kuwaiti Ambassador in Iraq and a number of officials from the airline of the island. (more…)

19-04-2012

The Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler attacks in Iraq today and killed dozens of civilian casualties and the police today.

He said in a statement issued by Kubler expressed concern about the continuing violence in the country.

Kubler and student leaders of the country to work hand in hand to put an end to crimes committed against the people, calling for steadfastness in the face of attempts to disrupt Iraq’s march toward a better future.

http://bit.ly/Jjn5Y0

Government came to criticism of the Deputy in charge of following up the work of independent bodies, citing the ongoing endeavor of the government to control the most dangerous 3 bodies independent of the country, the text of the Constitution on its independence, financially and administratively.

With the mass confirmed the rule of law that the Federal Court entrusted the task of the nomination of chairpersons to the Prime Minister, and voted on by Parliament, the whole other parliamentarians on the need for the enactment of the independent bodies, and to identify the decisions and laws on the bodies contained in the Constitution is clear. (more…)

20/04/2012 09:25

Baghdad, April 20 / April (Rn) – welcomed the United Nations mission to help Iraq (UNAMI), the decision of the Iraqi parliament to extend the life of the Electoral Commission for elections.

The House voted Thursday to extend the current work of the Electoral Commission which is supposed to be solved in 28 of the month for three months and full powers. (more…)

Friday, 20 April 2012 10:45 | | |

Baghdad (AIN) –The UN Assistant Mission for Iraq (UNAMI) welcomed the decision of the Iraqi Parliament over extending the authorization for the Independent High Electoral Commission IHEC for three months.

The UN Secretary General’s Special Representative in Iraq Martin Kobler appreciated the decision which came on “the right time to avoid a constitutional void that would delay preparations for scheduled elections in the country.” (more…)