Archive for August 11, 2012

CBI announces $4 billion increase in foreign exchange reserves; $67 billion

Posted: August 11, 2012 in Iraqi Dinar/Politics, Top Headlines
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Posted 11/08/2012 08:12 AM

Babinaoz (Reuters) – Central Bank of Iraq, the rise of foreign exchange reserves to $ 67 billion, confirming that these reserves are the largest in the history of Iraq, pointing out that these reserves is one of the monetary policy to reduce inflation in Iraq.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh said that “the Iraqi Central Bank’s reserves of hard currency rose to $ 67 billion, up from $ 63 billion the end of last May,” noting that these “reserves are the largest in the history of Iraq.” (more…)

Economist Opinion: CBI responsible for retrieving frozen Iraqi funds in large international banks; Amounts are substantal

Posted: August 11, 2012 in Iraqi Dinar/Politics, Top Headlines
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Date: 2012-08-11 11: 38: 24 Saturday

Baghdad (News) … Financial expert stressed the importance of improved investment frozen Iraqi funds in banks in the country serve the strategic projects, blaming the Central Bank responsible for the funds not recovered because it can retrieve through its external relations (more…)

Iraq’s new currency will feature a Turkmenistan teacher on its design

Posted: August 11, 2012 in Iraqi Dinar/Politics, Top Headlines
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Economy

Posted 08/08/2012 05:24 PM

MP from the list, the Iraqi Turkmen Auzmn good that the currency will include the new Iraqi Turkmen teachers.

He said in a press statement that “during the meeting which was held last week with the Central Bank Governor Sinan Shabibi on the issue of deletion of zeros and shape of the new currency has been several models for the new currency and the parameters of the ziggurat and the waterfall completely to Beck.” (more…)

CBI ready to disclose all records to House Committee members; CBI not criminals of money laundering

Posted: August 11, 2012 in Iraqi Dinar/Politics
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Adviser to the Central Bank rather than criminals and smuggling corridor and ready for accountability
Date: 2012-08-11 12: 28: 55 Saturday

Baghdad (News) …He appearance of Central Bank Adviser Mohammed Saleh, said the Central Bank is ready to be accountable to the House of representatives and was ready to disclose all information in the possession of the Finance Committee and help them to reach the information you need. (more…)

Iraq Finance Committee will launch investigation into CBI and money laundering allegations

Posted: August 11, 2012 in Iraqi Dinar/Politics
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Investigative committee to issue a second transaction of the Central

08/11/2012 0:00

A member of the Finance Committee representative Haytham Jubouri the formation of an investigative committee on Government Central Bank after the holiday in addition to the Oversight Committee that Council announced its intention for its formation late last week. (more…)

Member of the Finance Committee: Iraq could face many economic crises during the next phase

Posted: August 11, 2012 in Iraqi Dinar/Politics
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Date: 2012-08-11 09: 38: 44 Saturday

Baghdad (News) …Member of the Finance Committee were weighted on/National Alliance MP/Magda El-Tamimi, many economic crises in the country during the next phase, as a result of the continuing volatility of oil prices will affect the general budget and interspersed with many projects. (more…)

Politics: 80 percent of the political reform terms are agreeable

Posted: August 11, 2012 in Iraqi Dinar/Politics, Top Headlines
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08/11/2012 0:00

Talabani calls to unify positions .. And al-Maliki and Jaafari confirm the direct dialogue

flag “Center Brief for the Iraqi Media Network,” The National Alliance recognizes the insights and observations of some political blocs on the draft reform put forward recently. coincides this information with the invitation of President Jalal Talabani, to unify the positions of all the political parties, and confirm Maliki and Jaafari, during a meeting reunion yesterday, the need for connectivity and the adoption of direct dialogue with the blocks and forces of all national, while the intensified political leaders meetings side to bring the views and support the project of the National Alliance. (more…)

Vietnam: Deflation likely to continue in second half

Posted: August 11, 2012 in Asian Currency Markets, Top Headlines
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(VOV) – The falling inflation index in the first half of this year is attributed to unanticipated factors and the lack of middle and long-term strategies for stable economic growth.

Deflation could be negative

The Head of the Pricing Department under the General Statistics Office (GSO), Nguyen Duc Thang, says that over the past six months, the low purchasing power and large inventories, coupled with adjusted petrol prices and pay rises have had little impact on the consumer price index (CPI). (more…)

Vietnam’s national economy not in recession, says Minister

Posted: August 11, 2012 in Asian Currency Markets, Top Headlines
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Updated : 12:25 PM, 06/08/2012

(VOV) – Despite slightly slow growth in the past six months, the national economy has yet to slip into recession, according to Vu Duc Dam, Minister and Chairman of the Government Office.

An economy plunges into recession only when its growth is negative in two consecutive quarters, but that is not the case in Vietnam, Dam told the media in Hanoi on August 5. (more…)

Erbil: the formation of the start of the meeting to negotiate the top of the Kurdistan region to Baghdad

Posted: August 11, 2012 in Iraqi Dinar/Politics
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11/08/2012 10:42

Erbil, 11 August / August (Rn) – The parliament of the Kurdistan region Saturday morning, the start of the first meeting on the formation of a higher council for Kurdistan negotiate with the federal government.

The meeting was attended by Deputy Iraqi Prime Minister Nuri Shaways Rose, President of the Parliament of Kurdistan Arslan Baez, and a representative of the provincial government in Baghdad, Mohammed Ihsan, and heads of Kurdish political blocs in the Iraqi parliament and Kurdistan parliament. (more…)

Economic analyst: attention must be paid to small and medium-sized enterprises because they are the basis of economic development of the country

Posted: August 11, 2012 in Iraqi Dinar/Politics
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Date: 2012-08-11 10: 32: 30 Saturday

Baghdad (News) … Economic analyst Ibrahim Al-Mashhadani called, to the need to pay attention to small and medium-sized enterprises through support of soft loans to it based on the economic development of the country.

He said Al-Mashhadani (News Agency news) on Saturday: most industrially developed countries and economically focused on SMEs and their particular ministries was founded as the fundamental building block of building the national economy and the Elimination of unemployment. (more…)

HSBC report confirms Vietnam’s economic balance

Posted: August 11, 2012 in Asian Currency Markets
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Updated : 9:24 AM, 03/08/2012

Vietnam has successfully ensured an economic balance, bringing down inflation and initiating much needed reforms, according to a report by the Hong Kong-Shanghai Banking Corporation (HSBC) on August 2.

Low inflation but slow growth (more…)

Security Committee surprised by Maliki’s remarks that Iraq’s war on terror has ended

Posted: August 11, 2012 in Iraqi Dinar/Politics
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Security parliamentary surprised by al-Maliki announced the end of the war on terror in Iraq
11/08/2012 09:23

Baghdad, August 11 / August (Rn) – have indicated to the security and defense committee of parliamentary, Saturday surprise “severe” from the announcement by Prime Minister Nuri al-Maliki about the “end of the war on terror in Iraq,” while confirming that the organization still poses a threat to security in the country, confirmed the absence of study and realistic about the organization. (more…)