Published on Fri, July 27
Never doubts about Central Bank put up the new currency beginning next year.
Deputy Central Bank Governor Mohammad Saleh appearance of future news agency reporter today, Friday, that “the study submitted by the Central Bank were virtual is that the new currency is thrown on 1/1/2013, but with changes in the subject and we doubt that this different.” (more…)
“No Blood for Oil” was a slogan featured on many a sign in demonstrations during the run up to the US-led invasion of Iraq, and throughout the early years of the occupation as global opposition to it grew. But as Iraq faded from the headlines in 2009, the struggle over its oil continued. In the following interview, Greg Muttitt, investigative journalist and author of the groundbreaking Fuel on the Fire: Oil and Politics in Occupied Iraq (2012), discusses the attempts by occupying forces, multinational oil giants, and newly minted Iraqi “leaders” to privatise Iraq’s oil.
CBI: There is no law legislator has so far prevented the flow of the Iraqi capital abroad
The Central Bank of Iraq’s investment law allowed investors to enter heads their money to support Iraq’s economy, while there is no law legislator has so far prevented the flow of the Iraqi capital abroad, noting that it is one of the grossest errors, the right of the national economy of the country. (more…)
A source bank for “banking operations illegal and legal are managed in secret in the state banks and the eligibility to benefit from government funds and private, which remain for long periods in the banks,” pointing out that “the funds are subject to rates completion of projects and government contracts related to contracts for the purchase of arms for the army.” (more…)
Said financial expert Mohsen Ali, the presence of internal and external factors control the increase of the exchange rate of U.S. dollar against the Iraqi dinar, saying, that the Central Bank and the Iraqi Stock Exchange does not bear a reason for that.
Ali said in a press statement on Tuesday: The Central Bank is working hard since (2003) to increase the value of the Iraqi dinar against the U.S. dollar and keep its price for a long time, but the exchange rate of U.S. dollar against the dinar a result of internal factors that have occurred recently in the country Kalnsaat the political and the U.S. withdrawal and other factors external is of economic sanctions and international threats to neighboring countries. (more…)
Iraq’s Ministry of Planning said that inflation in Iraq for the period from June 2011 to June 2012 has been running at a reported 5.8 percent.
This figure is down from the 6.2 percent reported in May, and the 6.7 percent in April.
Thursday, July 26, 2012 17:46
Raise its House of Representatives to vote on Saturday after the approval of the draft legal Waqfs (Endowments), Shiite and Sunni and voting in principle to the law with one hosted Minister of Water Resources.
At the beginning of the meeting confirmed that an intruder Vian MP Chairperson, Committee on Employment and Social Services in a statement that the capital need of water, required to host the Secretary of Baghdad in the House to see the approved plans to address water scarcity. (more…)
26 July 2012 – The United Nations Compensation Commission (UNCC), which settles the damage claims of those who suffered losses due to Iraq’s 1990 invasion of Kuwait, today made $1.3 billion available to six successful claimants.
The latest round of payments brings the total amount of compensation disbursed by the Commission to $37.7 billion for more than 1.5 million successful claims of individuals, corporations, Governments and international organizations, states a news release. (more…)
Erbil, July 27 (Rn) – accused the decision of the Committee on Finance and Investment in the Iraqi parliament, on Friday, the federal government not to apply the tariff system in the country in response to internal and external pressures.
According Mahma Khalil told the Kurdish news agency (Rn), “The Iraqi government continues to place obstacles in front of the application of tariff in the country, Tjajh reasons different every time,” adding that “the application of tariff would be a strong support for the economy of Iraq, which depends almost entirely on oil imports to the country. ” (more…)
