Archive for February, 2012

Iraq: Maliki’s success we hope to drive Iraq from Chapter VII during his visit to Kuwait

Wednesday, February 29, 2012 10:27

BAGHDAD / Baghdadiya News /: the Iraqi List, said adviser Hani Ashour said the list look with interest to the visit of Prime Minister Nuri al-Maliki’s upcoming Kuwait

And hopes to contribute to the flourishing relations to remove Iraq from Chapter VII and the resolution of all differences between the two subjects. Ashour said in a statement received / Baghdadiya News / copy of which was that relations between Iraq and Kuwait was characterized by post-2003 development, understanding and hope to rise to high levels to ensure the future of the two peoples and to forget the past and not to the Iraqi people the mistakes of the former regime, explaining that the withdrawal of Iraq from Chapter VII will in ensuring that relationships benefit the two peoples of Iraq and Kuwait. Read more…

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Muslim Brotherhood in Egypt, demanding Iraq to pay two billion dollars and threatening the looted Iraqi banks

Muslim Brotherhood in Egypt, demanding Iraq to pay two billion dollars and threatening the looted Iraqi banks

Palm – warned the Chairman of the Manpower Committee, Egyptian People’s Assembly of Iraq the fury of the Egyptian side as described for the delayed payment of money transfers yellow, calling to boycott the Arab summit in Baghdad.said Saber Abu Fotouh in a press statement that I warn Iraq the fury of the Egyptian side to the delayed payment of remittances yellow dues of workers Egyptians in Iraq, worth billion and $ 716 million, although the Iraqi government’s budget this year of 100 billion dollars. Read more…

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Economist: Raising the zeros from the currency will save the economy from the dollar’s dominance

On: Wednesday 02/29/2012 10:55

Babylon (news) .. According to a professor of economics at the University of Babylon, Dr. Jawad al-Bakri that the draft raise zeros from the national currency involves a lot of pros on the reality of the Iraqi economy. 
said Bakri (the Agency news) said on Wednesday: One of the pros stop control of the dollar on the Iraqi economy and reducing the circulation of funds and the stability of Iraqi dinar exchange rate in addition to reducing the rates of inflation in the medium term and reduce the cost of economic transactions.  Read more…

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CBI sales drop to $ 218 million

29/02/2012 15:17

Para-Dolar-Borsa-Hawali AburiBaghdad, February 29 (Rn) – The Central Bank of Iraq that his sales of the U.S. dollar fell on Wednesday, recording $ 218 million versus 220 million in the previous session. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the bank sales Central on Wednesday reached $ 218 million, while the shares on Tuesday of $ 220 million. ”  and explained that “the price of sales amounted to 179 Iraqi dinars per dollar interest rate of up to 10 dinars.” Saleh added that “the owners of banking offices adapt to the new mechanisms established by the Bank CBI in the sale process difficult to prevent smuggled out of the country because of crises in the countries in the region. Read more…

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Delete the zeros sound decision and timing appropriate

28/02/2012

Experts stressed at a seminar Mustansiriya economic 
Baghdad – morning 
addressed the economic seminar organized by the Department of Economic Studies at the Center for Mustansiriya of Arab Studies and International three studies, the economic dimensions to raise zeros from the Iraqi currency is expected to direct the circulation of the new currency in early 2013. 
participated in the symposium sponsored by the President of the University Mustansiriya and Prof. Dr. Haidar Taher Saadi A number of economists and interested and Okadeimun contributed to the enrichment of the research discussions summarized the advantages and disadvantages of the process of removing zeros.  Read more…

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Israel: U.S. will not be notified if we attacked Iran (This is concerning)

Tuesday, February 28, 2012 16:59

U.S. intelligence official said that Israel may not threaten the United States if it decides to target Iran’s nuclear program, a program which the West says he has a military dimension, but experts believe, however, that Tehran does not seem ready yet to the level of industrial uranium enrichment.

The U.S. official said in a press statement, without disclosing his identity, said Israeli officials including Defense Minister Ehud Barak and Prime Minister Benjamin Netanyahu told U.S. officials adults visited Israel to non-reporting of the Washington Israel’s intentions would mean that the U.S. administration will not bear the responsibility to prevent a possible attack on Iran. Read more…

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CBI dollar sales highest in February 2012

2/28/2012 5:14 PM
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) daily auction today exceeded 212 million dollars, compared to 180 million from the previous session.

The exchange rate reached to 1,166 Iraqi dinars to one dollar. Read more…

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Iraq must get out of Chapter VII

2/28/2012 6:59 PM
BAGHDAD / Aswat al-Iraq: The Iraqi Parliamentary Foreign Relations Commission today called  the international community to play greater role in removing Iraq from UN Security Council’s Chapter VII and adopting a clear stand to support its legitimate issues, according to a statement.

 The statement added that the Commission today received a delegation from the British Embassy in Baghdad. Read more…

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Israel will not reach Washington in advance of any military strike on Iran

Tuesday, February 28, 2012 07:08

Baghdad / follow-up Baghdadiya News / .. amid reports that Israel is a U.S. not considering at the present time to pay the air strike to Iran. The politicians said that Israel can not launch the attack on the facilities

Iran’s nuclear issue only with the help an American who is serving provides nearly two million American soldiers, and this can only provide. The U.S. intelligence source revealed that Israeli officials confirmed that they will not inform in advance if Washington decided to direct “a preemptive military strike,” Iran’s nuclear facilities. Read more…

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Symposium to discuss the implications of removing zeros and its impacts on the Iraqi economy

 

Muthanna / Baghdadiya News / contract section .. Banking and Finance at the Faculty of Management and Economics symposium discusses the “removal of zeros from the Iraqi currency and its impacts on the economy of Iraq.”

 Dr. Mohammed Al-Tai Associate Dean for Administrative Affairs L / Baghdadiya News / “This seminar was based on objectives of the College to discuss issues of concern to the Iraqi economy, particularly monetary policies and their effective role in achieving economic stability, which is one of the priorities of the Central Bank.” Read more…

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Counterfeit Money Infiltrates Kurdistan’s Markets

28/02/2012 04:01:00

ERBIL, Iraqi Kurdistan – Some businessmen and owners of currency exchange bureaus say that counterfeit banknotes have flooded the market in the Kurdistan Region.

The president of the Kurdistan Region Bank said, “High-tech machinery is apparently used to make some of the counterfeit money.”

The president of Kurdistan Region Bank, Adham Karim, said they have told various governmental agencies about the problem. Read more…

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Change the Iraqi currency and the expected effects

Change the Iraqi currency and the expected effects
Monday, February 27, 2012
Intelligent loyal Khalidi *

A source at the Central Bank of Iraq weeks before the government’s intention to change the currency by deleting three zeros from the right side of the categories of the current currency, any division of denominations present on A, and thus become a category one thousand dinars, the current, for example, equal to the new dinars and the five thousand is equal to 50 new dinars and a thousand percent, equal to a hundred new dinars.

And will be the new currency in 2013 Read more…

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Banking expert: Iraqi banks need advanced technology to be sober

On: Tuesday 28/02/2012 12:04

Baghdad (news) .. Noted banking expert Mohsen Ali importance of the introduction of technology banking modern world in the work of Iraqi banks and training of staff to develop their work. Ali (of the Agency news) said on Tuesday: The Iraqi banks two branches of public and private need to introduce new technology in place in most international banks and training capacity human on these techniques and the English language in order to communicate with the world in order to be Iraqi banks sober and with a good reputation. Read more…

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Iraq excludes low oil prices to less than $ 100

28/02/2012 12:19

Iraqi OilBaghdad, February 28 (AKnews) – ruled out the Iraqi Oil Ministry Federal, Tuesday, oil fell to less than $ 100 during the current year due to political crises experienced by the Middle East. said Director General of Oil Marketing Company (SOMO), Falah al-Amiri told the Kurdish News (Rn) that “Asaralinvt prevailing now can not have to go down to below the $ 100 per barrel due to increasing international need it.” and added that “the political situation in the region, particularly the problems the U.S. and Europe with Iran do not affect the House of Commons on the international oil prices,” noting that “This is according to political drawn by OPEC that Iraq is an active member in it.” He pointed out that Read more…

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Parliamentary Finance: Determine the size of the surplus revenues of the State of Iraq in July.

28/02/2012 12:41

Najiba Najib Ibrahim

Baghdad, February 28 (Rn) – The Finance Committee of the Iraqi Council of Representatives, on Tuesday, it will determine the size of the surplus revenues of the Iraqi state in the next July, indicating that the Ministries of Finance and Planning Sttulan responsibility to develop a mechanism to distribute 25% of the surplus on the Iraqi people . and the block free of the Sadrist movement had threatened last week not to vote on the budget of the country for the current year before the distribution of oil imports to the population and the allocation of additional funds to them from the surplus of the previous budgets since 2004 to the year 2011 and increase the salaries of retirees. said committee member Najiba Najib told the Kurdish News (Rn), “The House of Representatives put a clause in the federal budget includes forcing Prime Minister Nouri al-Maliki to allocate 25% of the surplus revenues of the Iraqi state Read more…

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Baghdad calls for Washington to continue to protect the $ 17 billion abroad

28/02/2012 19:13

Dollars moneyErbil, February 28 (Rn) – demanded that Iraq Tuesday from the United States formally extended the protection of its funds abroad for another year. Iraq had last year formed committees to undertake the task of recovery of Iraqi funds in a number of countries after the adoption of the law of recovery of Iraqi funds abroad by House of Representatives. and the UN Security Council voted unanimously in mid-January last three resolutions concerning the lifting of the embargo imposed on Iraq on the import of nuclear material for peaceful purposes and cancel the oil for food program. also extended the immunity of private and for the last stage of the compensation imposed under Chapter VII to the end June next year. Read more…

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Wikileaks: Israel destroyed the Iranian nuclear reactors the help of “rebels as a response”

27/02/2012 20:27

Iran nuclear programErbil, February 27 (Rn) – A document published on the site “Wikileaks”, Monday, belonging to “Startfor Institute for the Study and company intelligence civilian” forces commando Israel destroyed several nuclear reactors Iranian underground in cooperation with the “rebels as a response.” According to the site, “Russia Today, “which assigned the news to the newspaper Haaretz, the Israeli” publication included internal correspondence in the wake of the statement by the Minister of Defense Ehud Barak “Yes .. Up, “after the blast, which happened in the al-Qaeda rocket near Isfahan in October / November. Read more…

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Reports: Israel to create a military strike against Iran without informing Washington in advance time

28/02/2012 10:44

Israeli aircraftErbil, February 28 (AKnews) – An intelligence source U.S., Israeli officials confirmed that they will not inform Washington in advance if they decided to direct “preemptive military strike,” Iran’s nuclear facilities. quoted BBC source as saying that Israeli Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barack moved messages to this effect for a number of senior U.S. officials who have visited Israel recently, including the Chief of Staff Martin Dempsey and National Security Adviser Tom Donilon and Director of the CIA and the number of members of Congress. Read more…

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Iraq must get out of Chapter VII

Iraq must get out of Chapter VII 2/28/2012 6:59 PM

BAGHDAD / Aswat al-Iraq: The Iraqi Parliamentary Foreign Relations Commission today called  the international community to play greater role in removing Iraq from UN Security Council’s Chapter VII and adopting a clear stand to support its legitimate issues, according to a statement.

The statement added that the Commission today received a delegation from the British Embassy in Baghdad.

During the meeting, the Commission called upon Britain to play a role in assisting Iraq get out of Chapter VII in order to have its pioneering role in the Arab world and the region.

Iraq is subject to Chapter VII of UN Charter following its invasion of Kuwait in 1990, where force was used against it as it was “threatening world peace.”

This led to freezing Iraqi assets in world banks to pay compensations to Kuwait and others. Read more…

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Project to delete the zeros from the currency-based and will be announced as soon as GOI approval

On: Tuesday 28/02/2012 13:12

Project to delete the zeros from the currency-based and will be announced as soon as GOI approval Baghdad (news) .. Description of the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh project to delete the three zeroes from the currency as strategic for the country as it will reduce the mass of cash circulating in the local markets. Read more…

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