Archive for June 20, 2012

UNSC urges greater efforts by Iraq, Kuwait to resolve post-invasion issues

Posted: June 20, 2012 in Iraqi Dinar/Politics
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20 June 2012 – The Security Council today urged the Governments of Iraq and Kuwait to step up their engagement with the United Nations envoy helping the two countries resolve issues pending from Iraq’s 1990 invasion, including finding Kuwaiti or third-country nationals.

“The members of the Security Council welcomed the continued cooperation of the Governments of Iraq and Kuwait, and their high-level commitments to full implementation of all Iraqi obligations to Kuwait under the relevant resolutions,” the Council said in a statement issued to the press following a closed-door meeting. (more…)

Finance Committee Member: next year will see the circulation of two currencies at the same

Posted: June 20, 2012 in Iraqi Dinar/Politics

20/06/2012 10:03

BAGHDAD / Center Brief for the Iraqi Media Network – revealed the parliamentary finance committee that Iraq will see the two currencies traded at the same time over the next year 2013 of the new currency in circulation after deletion of zeros with the survival of the current currency trading throughout the year in question.

A member of the Finance Committee Hassan Salman’s (Center Brief for the Iraqi Media Network) that “the central bank operates in more than six months from now on the position of the deletion of zeros from the Iraqi currency and the current that will be applied starting from next year.”

(more…)

UNSC continues Iraqi sanctions; Next report could determine if Iraq is fit for exit

Posted: June 20, 2012 in Iraqi Dinar/Politics
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20 June, 2012
UNSC extends financing of Tarasov’s mandate, urges Kuwait, Iraq to continue cooperation

Acting upon recommendation from Secretary-General Ban Ki-moon, the Security Council on Wednesday decided to extend the financing of the High-level Coordinator on the issues of missing Kuwaitis and other nationals and property Gennady Tarasov’s mandate until the end of this year, and urged Kuwait and Iraq in the meantime to explore “other arrangements” to ensure continued cooperation, and to enable the council to consider “other modalities” to continue reporting on the issues. (more…)

Parliament postpones tomorrow’s meeting to Saturday

Posted: June 20, 2012 in Iraqi Dinar/Politics
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Wednesday, June 20, 2012 11:18

House of Representatives postponed its scheduled Thursday to Saturday.

The channel quoted the Iraqi semi-official news said that “the House of Representatives postponed its meeting on Saturday to the next until the completion of arrangements for the protection of the Council and its staff.” (more…)

CBI: Problems of taxation and banking sectors

Posted: June 20, 2012 in Iraqi Dinar/Politics
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06/20/2012 0:00

said the central bank deputy governor of the appearance of Mohammed, that the tax system and banking sector suffering from major problems impede the course of banking business.

Saleh said in an interview quoted by the Agency (news): The public taxation and banking are suffering from problems impede the course of their work include mental bank is conscious, which is still in control of the banks and the absence of a culture of tax and the lack of the electronic system to talk. (more…)

Vice: You must bind the specific controls the banks to sell the dollar

Posted: June 20, 2012 in Iraqi Dinar/Politics
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06/20/2012 0:00
called a member of the Finance Committee MP Mustafa Shoresh Haji, to force banks to sell the regulations set out the hard currency to prevent a repeat of smuggled abroad.

Said Haji: The conduct of the Central Bank of the last to open multiple ports for the sale of hard currency in all of Iraqi banks, will help stabilize the Iraqi dinar against the dollar, but it must be punctuated by certain controls require banks to prevent the occurrence of a currency smuggling abroad. (more…)

Maliki to Sadr: I will not leave my post and as no one deserves

Posted: June 20, 2012 in Iraqi Dinar/Politics
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Posted 20/06/2012 09:16 AM

Babinaoz (Reuters) – A source close to Prime Minister Nuri al-Maliki and the deputy of the State of Law Coalition told (Orr) that the last contact between Prime Minister Nuri al-Maliki and the cleric Moqtada al-Sadr to ensure a modern summary of the political landscape in the country as well as talk, which was announced on greeting and to inform the condolences. (more…)

Expert: Iraq will be affected by any future global economic crisis

Posted: June 20, 2012 in Iraqi Dinar/Politics
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Date: Wednesday, 20-06-2012 11: 32 am

Baghdad (News) … Economist Hussein dispelled concerns star Iraqi economy was affected by the current European economic crisis, adding that Iraq was ready to world oil price fluctuations. (more…)