Archive for April, 2012

Zebari: We agreed on a number of cooperation protocols with Kuwait and we have made progress in the way of getting out of Chapter VII

On: Sun 29/04/2012 23:52

Baghdad (news) .. said Hoshyar Zebari, the Foreign Minister that Iraq agree with the Kuwaiti side on a number of cooperation protocols different, as well as a major breakthrough in the way of withdrawal of Iraq from Chapter VII of the Charter of the United Nations. 
Zebari said at a press conference at the end of meeting of the Joint Committee at the Rashid Hotel in Baghdad, on Sunday: that the talks the Iraqi-Kuwaiti dealt with all matters and the outstanding issues between the two countries, including the file Read more…

4-29-2012, GURU GUESSES!! (UPDATED 2:20 pm PST.)

4-29-2012 Med THIS CRAP THAT THEY HAVE IMPLEMENTED 80% OF THE ERBIL AGREEMENT IS BS…ARTICLE 140 HAS NOT BEEN IMPLEMENTED, THE ISSUE OF KIRKUK HAS NOT BEEN RESOLVED NOR HAS THE HCL, THOSE ARE THE MAJOR KURD ISSUES AND IT IS OBVIOUS TO ANYONE WHO READ THE CONSTITUTION THAT IT HAS BEEN VIOLATED ALSO THE WEALTH OF THIS COUNTRY BELONGS TO THE PEOPLE ACCORDING TO THE CONSTITUTION AND IT IS OBVIOUS THAT ONLY A HANDFUL ARE REAPING THESE BENEFITS THE POLITICIANS AND THOSE CLOSE TO MALIKI.

4-29-2012 BWM I believe it’s all done in Iraq and Read more…

Iraq: the cost of stabilizing the value of the dinar $ 200 billion since 2004

Posted 29/04/2012 02:18 AM

Exceeded the cost incurred by the Central Bank of Iraq since 2004 to stabilize the exchange rate of the dinar against major currencies $ 200 billion, according to Iraqi officials, alerted to the possibility of growth of the number in the coming months due to pressure against the dinar of UN sanctions and Western Syria and Iran, which assesses Iraq with them relations economic and strong.

Central Bank of the dollar raises quantities for sale at prices discounted

29/04/2012

Baghdad: JD initiated the Central Bank in the first auction this week has put the dollar amounts at prices lower than the black market, a difference of ten percentage points. It was the opening of bids for the sale and purchase of dollar daily fourth and Twenty-two thousand for buying and selling foreign currency at the Central Bank of Iraq for Sunday day on 29/4/2012 The number of banks contribute to the auction 15, and the basic price, which landed him selling dinars / USD 1166 and while the total amount sold by the Bank at the price advertised (132,296,000), there were no offers of sale by the shareholders at the Central Bank. The total amounted to Buy Offers (USD) (132,296,000), while the total Products (dollars). The Alpmk central in the statement which was obtained (JD, a copy of the price of the sale of remittances (1179) JD / dollar, including the Read more…

Tamimi: UAE withdrew its $ 500 million in Iraq in return for simple goods

29/04/2012

BAGHDAD / JD / .. confirmed member of the parliamentary finance committee for the withdrawal of Magda Al-Tamimi Arab Emirates, approximately $ 500 million from the Iraqi market in one month. Said Tamimi’s / JD / “The UAE withdrew a large amount of hard currency from the Iraqi market through trade.” She added that “Iraq’s economy is facing a conspiracy of neighboring countries, Syria, Turkey, Iran and the UAE”, considering what is happening with the plot serious as it is on the rise and receive shadow negative on the high price of the dollar in the Iraqi market. “Said Tamimi,” Read more…

Committee: We will achieve attempting to steal from the stock of the States if it does not convince us of the Central Bank’s work

29/04/2012

BAGHDAD / JD / .. alluded to the Finance Committee by its direct interference in the parliamentary procedures of the Central Bank in case you do not work on convincing the dollar and the fluctuation of the investigation in an attempt theft of seven stocks Trallonat State. A member of the Committee Haitham Jubouri’s / JD / “The committee, which formed Baazavita with Alnaúptin Majida al-Tamimi and Najiba Najib to follow the work of the Central Bank of waiting Results on us by the executive committees,” adding that “next Wednesday will be the Committee’s meeting with Read more…

Zebari: Iraq will not be asked not to join the Gulf Cooperation Council and the remainder of the compensation owed by Iraq of Kuwait $ 17 billion

Sunday, April 29 / April 2012 17:40

{Baghdad, Euphrates News} Foreign Minister Hoshyar Zebari said the rest of Kuwait owed Iraq money damages because of the invasion of the former regime have a $ 17 billion, “adding that some of them see the need to invest in Iraq and” we accept all the ideas for compensation even if the demand for payment. “

He said in a press release stating that Iraq had started to regain its position and its position gradually, “and that there were political problems and tensions and disagreements, but our principle is based on that to deal with those differences is through dialogue and debate, the Constitution and institutions without Read more…

Central bank’s reserves of foreign currency increased from 52 to more than $ 63 billion

On: Sun 29/04/2012 18:48

Stabilizing the value of the dinar cost $ 200 billion since 2004, 
the citizen – the follow-up 
exceeded the cost incurred by the Central Bank of Iraq since 2004 to stabilize the exchange rate of the dinar against major currencies $ 200 billion, according to Iraqi officials, alerted to the possibility of growth of the number in the coming months because of pressure against dinar of UN sanctions on Syria and western Iran. The central bank said that the central bank reserves of foreign currency rose recently from $ 52 billion to more than $ 63 billion. 
The Adviser to the Prime Minister for Legal Affairs Fadel Muhammad, the Read more…

Parliament confirms the deletion of zeros move

On: Sun 29/04/2012 7:33

 Baghdad / range 
confirmed the parliamentary decision of the Economic Commission Mahma Khalil move structuring the Iraqi currency and delete zeros from them. 
and was scheduled to begin the process of removing zeros from the currency in the month of September next step to raise the price of Iraqi dinar against other currencies. Khalil said, according to (Euphrates News) said the draft structure of the currency and delete zeros of which will have significant economic benefits and will Read more…

Head of the Bank of the economy: you must modify the decision of the Ministry of Finance to deal with the prevention of private banks

On: Sun 29/04/2012 8:21

Baghdad (news) .. The President of the Board of Directors of Bank of the economy Husam Obeid, the importance of the amendment to the former Finance Minister Bayan, which prevent the deal the state departments with private banks, calling it the decision “wrong” being the size of the role of private banks in the performance of its duties banking. 
Obaid said (of the Agency news) : it has become necessary to amend the resolution issued by former Finance Minister Baqir Jabr by both houses of parliament, ministers and even the Ministry of the current fiscal, which Read more…

Abandon the sale of currencies .. Central bank’s move in response to the surprise of his critics

On: Sun 29/04/2012 12:09

Baghdad (news) / report / Faleh Hussein / .. After a scathing criticism of the Central Bank against the backdrop of high exchange rate of U.S. dollar against the dinar, began the central thinking to withdraw his hand from the sale of hard currency in the auction for the benefit of a government banks. 
plans to the Central Bank of the transfer of an auction sale of hard currency to the commercial bank government, the fact that the auction does not fall within the competence, which raised the ire of a number of parliamentarians and financial experts, because the government banks are not Read more…

Minister of Foreign Affairs of Kuwait for “news”: serious about the closure of outstanding issues with Iraq as soon as

On: Sun 29/04/2012 15:08

Baghdad (news) .. Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid Al-Sabah, said that the outstanding issues between Kuwait and Iraq will be closed as soon as he said, adding that Kuwait is serious about closing those files. 
said Sheikh Sabah said in a statement brief singled out by the reporter Agency (news) said on Sunday: that files between Kuwait and Iraq will be closed as soon as, after reaching the joint Iraqi – Alkotah, to new results. 
He said Kuwaiti Foreign Minister to: Kuwait Government of Kuwait is serious about ending and Read more…

United Nations representative in Iraq up to Erbil and meet with Allawi and Sadr

29/04/2012 17:12

Erbil, April 29 / April (Rn) – A source in the Kurdistan Regional Government, said a United Nations representative in Iraq, “UNAMI” private conduct talks with Iraqi political leaders about the current crisis in the country, Martin Kobler, arrived Sunday to the city of Erbil and met with officials of the province in addition to the cleric Moqtada al-Sadr and the existing Iraqi President Iyad Allawi. aide said an official Department of Foreign Relations for International Organization Affairs Government of the province, Dindar Zebari, told the Kurdish news agency (Rn) that “Martin Kobler met during his visit to Arbil, with all of the cleric Moqtada al-Sadr , the existing Iraqi President Iyad Allawi, head of the Kurdistan Parliament Arslan Baez, and the Minister of Natural Resources Government Alakulaikm drastically. ” and added that Read more…

Close to an Iraqi – Kuwaiti calls for activation of economic activity between the two countries

29/04/2012 17:14

Erbil, April 29 (Rn) – see Iraqi-Kuwaiti relations closer political thaw to some extent the tension between the two countries against the backdrop of problems due to a whole period of the Iraqi invasion of Kuwait. Iraqi President Saddam Hussein ordered the invasion of Kuwait in 1990 and its impact is pushing Iraq to Kuwait debts worth billions of dollars. debt consists of Kuwait to Iraq of the losses suffered by the oil sector in Kuwait in addition to the losses suffered by the government ministries and buildings during the invasion of Iraq. Baghdad says that the continued subordination of Iraq to Chapter VII, “restricts the country and Read more…

Economic Commission confirms the parliamentary move structuring currency and delete zeros of

Saturday, April 28 / April 2012 12:31

Baghdad {: News} Euphrates confirmed the parliamentary decision of the Economic Commission Mahma Khalil move structuring the Iraqi currency and delete zeros from them.

And was scheduled to begin the process of removing zeros from the currency in the month of September next step to raise the price of Iraqi dinar against other currencies.

Khalil told the News} {Euphrates that “the proposed restructuring of the currency and delete zeros of which will have significant economic benefits and will reflect positively on Read more…

4-28-2012, GURU GUESSES!!

4/28/2012 Ali [long time no see] Iraq is making moves to sign construction, oil and gas contracts everyday. They also made a big move by holding the Arab League Summit, although many nations did not attend, it was a big leap. These are all positive signs for Iraq and in my opinion things could begin really changing in the country.

4/28/2012 8Ball Speaker of the house has flown into Ebril to meet Allawi, Sadr, Barzani and Talibani. Allawi is the key player being that he will most likely be the next PM. Barzani has called all Kurdish ministers to Baghdad. Allawi maybe doing the same. If Sadr does this the Speaker of the house can call and extraordinary session. Yes the speaker of the house is the man of the hour, Allawi to take the PM position is my guess…they Read more…

Finance Committee: “trade” with the UAE contributes to the withdrawal of foreign currency

Saturday, April 28, 2012 12:50

BAGHDAD / Baghdadiya News / .. Finance Committee revealed that the trade with the United Arab Emirates shares withdrawing the dollar, in addition to the growing demand by Syria and Iran. Said committee member Magda Tamimi / of Baghdadi News /: There are neighboring countries pull the dollar out of Iraq caused an increase in demand and high price, noting that there are funds out of Iraq to the United Arab Emirates to address the economic crisis experienced by the pretext of trade, as well as economic difficulties going through Iran and Syria. Read more…

Iraqi politicians call for solution to nation’s political crisis, say dispute threatens nation

BAGHDAD — Leaders from nearly all of Iraq’s top political blocs called Saturday for a solution to a crisis pitting the Shiite-led government against Sunnis and Kurds, saying the dispute threatens the country’s national interests.

The statement came after three days of meetings that brought together senior Sunni, Kurdish and even Shiite politicians disgruntled with Prime Minister Nouri al-Maliki — who was not represented at the talks in Irbil, the capital of Iraq’s northern Kurdish region. While no one at the mini-summit demanded that al-Maliki step down, the fact that the discussions included Read more…

Parliament has not intention of canceling (delete)the zeros project as it is only postponed; Project has significant economic benefits

Parliament has not intention of canceling the zeros project as it is only postponed; Project has significant economic benefits

Economic Commission confirms the parliamentary move structuring currency and delete zeros of   04.28.2012

BAGHDAD – The Euphrates News confirmed the decision of the Economic Commission parliamentary Mahma Khalil further structuring of the Iraqi currency and delete zeros from them. and was scheduled to begin the process of removing zeros from the currency in the month of September next step to raise the price of Iraqi dinar against other currencies.   said Khalil told {Euphrates News} that “Project structuring currency and delete zeros of which will have significant economic benefits and will reflect positively on the economic reality of the citizen.”   and added that “there is determination and insistence on the implementation of the project as it will Read more…

Promises Of Improved Exchange Of The Dinar Against The Dollar

Baghdad: network Akhbaralarac – expect a decision of the Economic Commission in Parliament MP Mahma Khalilzad, the restoration of the Iraqi dinar and normal in the coming period, after the necessary measures taken by the monetary policy to fetch up to (1166) dinars to the dollar. Khelil said that “monetary policy of Iraq and of Central Bank has taken necessary measures

For the return of Iraqi dinar to normal and stabilize at a certain price to the U.S. dollar Read more…