IRAQI DINAR POLITICS & ECONOMY

The opening of a branch of the Trade Bank of Iraq in Baghdad International Airport

Announced the Trade Bank of Iraq, on Wednesday, announced the opening of a branch at Baghdad International Airport offers all banking transactions, revealed near the opening of a new branch in Najaf International Airport. Read more…

U.S. magazine: Iraq, led by al-Maliki is an ally of America or agent of Iran?

U.S. magazine: Iraq, led by al-Maliki is an ally of America or agent of Iran?

10/12/2012 15:40:06

Iraq (Iba) Follow-up / – wondered Journal of the American Foreign Policy on Friday, about whether Iraq, who leads the government Nuri al-Maliki, a real ally of the United States also claims the administration of U.S. President Barack Obama, or is it a client of Iran as feared by many of its neighbors.

The magazine said – in the context of News Analysis reported on its website on Friday – that Iraq Read more…

U.S. soldiers demanding compensation after being exposed to chemicals while in Iraq

U.S. soldiers demanding compensation after being exposed to chemicals while in Iraq

Friday 12 October 2012

Follow-up – and babysit – U.S. soldiers filed a lawsuit saying they were exposed to toxic chemicals during their stay in Iraq in 2003, which have suffered serious illnesses, and demanded compensation.
The lawyers said 12 of National Guard soldiers in the city of Oregon that their clients have been exposed to these toxic substances during their work in Iraq in the wake of the U.S. invasion in 2003 when assigned to protect civilian workers who repair facility for Read more…

Confirm the arrival of (4) Thousands of U.S. troops to Iraq, accompanied by translators and doctors

Sources: confirm the arrival of (4) Thousands of U.S. troops to Iraq, accompanied by translators and doctors

Friday 12 October 2012

Follow-up – and babysit – According to press reports, citing sources and described as “insiders” confirmed Thursday that more than (4000) soldier of the U.S. occupation forces arrived in Iraq during the past few days, representing the vanguard of troops numbering (16) thousand troops.
The sources pointed out that the last meal arrived today reached a population (200) element including Read more…

Maliki demands concessions .. Talabani seeks to persuade Barzani and Allawi to attend a national meeting

Adel Berwari: Maliki demands concessions .. Talabani seeks to persuade Barzani and Allawi to attend a national meeting

Date: 12/10/2012 12:24:13 Friday

Erbil (news) .. expressed leader / coalition of Kurdish blocs / Adel Tawfik Berwari, hoped that the President can convince Barzani and Allawi to come to the national meeting to resolve differences, noting that the differences became triple between the Iraqi List and the Kurdistan Alliance and the Sadrists with state law as a government formed.
Berwari said in a statement to the Agency (news) Friday: The President Read more…

Iraq Foreign Relations member: Why does Iraq still suffer from Ch VII after solving Iraqi Airways and good relations with Kuwait?

Why after deducting file Airways; Iraq still suffers from “VII” and Kuwait in the test of “good intentions”

After resolving file Iraqi Airways awaits Iraq step goodwill from neighboring small to contribute to take it out of Chapter VII Congress aims the ball in the court of the Iraqi diplomatic the Mahjiha responsible for this slowdown in resolving the issue. Read more…

Charge d’affaires from US and Iraq discuss steps to remove Iraq from Chapter VII

Baghdad (news) .. Search, however, Abawi, Undersecretary of the Ministry of Foreign Affairs, on Wednesday, with Douglas Solomon U.S. charge d’affaires, bilateral relations and the steps taken to remove Iraq from Chapter VII of the UN Charter. Read more…

Role of the UN in the formulation of the law of oil and gas consultant

Counting member of the parliamentary oil and gas to reduce differences between Arbil and Baghdad will reduce the role of the UN in the formulation of the law of oil and gas. Read more…

Ministry of Planning: Slight rise in the inflation index for the month of September

The Ministry of Planning for a slight increase in inflation indicators for the month of September compared with August, which was preceded, as the percentage increase (0.3%)

and the ministry said in a press statement that the Central Bureau of Statistics completed Read more…

Iraq will be one of the key players in the global oil market

Deputy Prime Minister for Energy Affairs Hussain al-Shahristani said that “Iraq will be one of the key players in the international oil market,” noting that Iraq’s oil production between now and 2020, will fill 45% of the additional demand for oil in the world. Read more…

Iraq plans reduction in Kuwait compensation

KUWAIT: The Iraqi parliament started discussions about ways to utilize funds that can be saved from a potential resolution to reduce the compensation due to Kuwait from five to three percent. Read more…

Funds saved through Kuwait compensation needed for reconstruction of infrastructure

BAGHDAD – morning confirmed member of the Finance Committee MP Ibrahim al-Mutlaq, said Iraq needs millions of trillions of re infrastructure, noting that reducing the rate of compensation Kuwait (5 percent to 3 percent) will contribute to building Iraqi infrastructure. Read more…

Resorting to the budget law when not to adopt complementary

Baghdad Tariq al-Araji said the General Secretariat of the Council of Ministers that a failure to approve the supplementary budget leads to the resort on the government to use Article 23 of the Budget Law to overcome this way.

said Secretary General of the Council of Ministers on the Keywords in a statement singled out Read more…

Iraq Plans to Sign Oil, Gas Exploration Agreements in November

Iraq will sign oil and gas exploration contracts next month with Pakistan Petroleum Ltd.,Inpex Corp. (1605) of Japan, London-based Premier Oil Plc (PMO) and Russia’sOAO Lukoil (LKOH) and OAO Bashneft, an Oil Ministry official said. Read more…

International Finance of the Word Bank: We will intensify investment in Iraq and throughout the Middle East

A senior official at the International Finance Corporation of the World Bank that the organization plans to increase its investments in Iraq in addition to Yemen, and North Africa next year to contribute to the support of development and job creation. Read more…

Shahristani: Iraq’s oil production will rise during 2015 to six million barrels per day

Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, Wednesday, that Iraq’s oil production will rise during 2015 to six million barrels a day, as he emphasized that Iraq’s production from now until 2020, fills 45% of asked surplus Alinvatifi world. Read more…

Iraq oil output will nearly triple by 2035, says ‘landmark study’

Iraq could overtake Russia as the world’s second-largest oil supplier behind Saudi Arabia by the 2030s, nearly tripling its current output, according to a report from the International Energy Agency.

In what the Paris-based group calls a “landmark study,” Iraq could double its production by the end of the decade, reaching 6.1 million barrels a day by 2020 from the 3 million barrels it currently turns out.

The country, currently the third-largest oil exporter, could top 8.3 million barrels by 2035, making it “by far the largest contributor to global supply growth,” according to the report.

The surge could bring in $200 billion a year in revenue for the Middle Eastern nation, which has struggled with instability for the better part of three decades.

In the IEA’s prediction, Iraq will become a key supplier to Asian markets, especially China. Production from fields in southern Iraq will see a boom. By 2035, the country’s gross domestic product will be five times larger than its current level, with GDP per capita rivaling that of Brazil today.

“Developments in Iraq’s energy sector are critical for the country’s prospects and also for the health of the global economy.” said IEA Chief Economist Fatih Birol, the main author of the report, in a statement. “But success is not assured, and failure to achieve the anticipated increase in Iraq’s oil supply would put global oil markets on course for troubled waters.”

Revenue from oil exports doesn’t guarantee a better domestic economy for Iraq, according to the report. And for the energy infrastructure to operate smoothly, the nation will need to have enough available rigs, a working system to bring water inland to the oil fields, storage and transportation capacity and more.

The country will need more than $530 billion in investments to meet the forecast levels for oil, gas and power supply through 2035. That’s $25 billion a year in this decade alone, according to the report. Iraq received $9 billion in energy funding last year.

The report was compiled with help from Iraq’s federal, regional and provincial governments and more.

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IMF says oil to prod growth in MENA

DUBAI–High oil prices will support economic expansion in the Middle East and North Africa (MENA) in 2012-2013 as importers grapple with fallout from the Arab Spring uprisings and external pressure, the IMF said on Monday.

The MENA region covered by the International Monetary Fund, Read more…

Military: Iraq has all of its obligations in terms of Chapter VII

Military: Iraq has all of its obligations in terms of Chapter VII

Wednesday 10 October 2012

BAGHDAD – babysit – between a member of the Foreign Relations Committee, Sami al-Askari said Iraq has all its obligations in terms of Chapter VII and the subject is linked to the Kuwaiti government’s decision to declare it to the Security Council
He military in a statement to the news agency public opinion (and babysit): “The remaining issues with Kuwait are resolved Read more…

Iraqi government is working hard to remove Iraq from Chapter VII through understandings with Kuwait

Alfalh: Iraqi government is working hard to remove Iraq from Chapter VII through understandings with Kuwait

Wednesday 10 October 2012

BAGHDAD – babysit – MP for the rule of law on Alfalh that the Iraqi government is working hard to remove Iraq from Chapter VII through the completion of several understandings with the brothers in Kuwait ”
And pointed Alfalh in a statement to the news agency public opinion (and babysit): “The best proof of this is” the visit of Prime Minister Nuri al-Maliki to Russia, which could Read more…