Archive for August 21, 2012

Vietnam’s small change could disappear for good says economist

Posted: August 21, 2012 in Asian Currency Markets
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Vietnamese Dong

Use of small change has fallen as prices increase

Vietnamese notes and coins below VND5,000 (US$0.24) in value could die out in the market since price hikes make it hard for people to keep and use them in trading, an economist says.
Goods now fetch high prices, so trading with small change has fallen, Vu Dinh Anh told VnExpress Tuesday.

The report quoted a woman called Ha as saying: “I find small change worth nothing in our daily life, so I don’t want to receive it.”

Chuong, a resident of the capital city, said, “I ask vendors to keep the change of VND500-1000 because I cannot buy anything with it.” (more…)

Oil Expert: Oil and Gas Law will begin soon with the assistance of the Federal Court and UN

Posted: August 21, 2012 in Iraqi Dinar/Politics
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Attributed oil expert Hamza jeweler, delay enactment of the oil and gas to severe intransigence between the federal government and the Kurdistan Regional Government, confirming the existence of any obstacles in the articles of the law.

He Jawahrifa a press statement on Tuesday: The Federal Government submitted a draft on the law of oil and gas and the Kurdistan Regional Government also submitted a draft of the law and when examining drafts turns out that drafts identical (80%), but as a result of the Intransigence between the region and the center last legislation law. (more…)

The arrival of Joint Chief of Staff of the U.S. armies to Baghdad

Posted: August 21, 2012 in Iraqi Dinar/Politics
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Arbil August 21 (AKnews) – The president of the Joint Chiefs of armies U.S. Gen. Martin Dempsey Tuesday, to the Iraqi capital Baghdad on a visit to meet with a number of Iraqi officials.

A senior source in the Iraqi government told the Kurdish news agency (Rn) that “the Joint Chief of Staff of the armies of the U.S. General Martin Dempsey, arrived today to the capital, Baghdad, to meet a number of Iraqi officials, led by Prime Minister Nuri al-Maliki.” (more…)

Iraq may have aided Iran in selling its oil despite its being under sanctions

Posted: August 21, 2012 in Iraqi Dinar/Politics
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Iraq may be contained beautiful ban on Iran oil smuggling away from sanctions

08/19/2012

BAGHDAD / Nazik Mohammed / .. suggested parliamentary sources that Iran sell their oil through Iraq away from the eyes of the international sanctions tightened on Iran’s oil sector by the United States over its nuclear program.

According to Iraqi politicians to resolve Iran this and its implementation will benefit senior economist for Iraq, If the Iraqi government agreed to allow Iran to conduct its oil through Maani Basra. (more…)

CBI decides to grant licenses to foreign banks that would like to open branches in Iraq

Posted: August 21, 2012 in Iraqi Dinar/Politics
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21 August, 2012 11:29:00

Deputy Governor of the Central Bank of the appearance of Mohammed that the bank decided to give licenses to foreign banks that wish to open branches in Iraq. (more…)

Baghdad and Erbil: Maliki prefers (dictatorship) that runs a divided country

Posted: August 21, 2012 in Iraqi Dinar/Politics
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To what extent can the dispute between Iraq and Krdstana that up?!, Clashes between Prime Minister Nuri al-Maliki, and the President of Iraq’s Kurdistan region, Massoud Barzani, where escalated since the withdrawal of U.S. forces at the end of 2011, which led to speculation about the announcement of the establishment of the State independent Kurdish. (more…)

Iraqi denies helping Iran skirt sanctions

Posted: August 21, 2012 in Iraqi Dinar/Politics
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Iraqi government announced on Tuesday that its trade with neighboring Iran “clear and public”, denying reports that the health to help them to Tehran to circumvent the international sanctions imposed on it through oil smuggling and the transfer of large sums of cash. (more…)