IRAQI DINAR POLITICS & ECONOMY

Iraq renewed its demand to withdraw confidence from Maliki

Iraq renewed its demand to withdraw confidence from Maliki

on 7.12.2012  2:01 p.m.

BAGHDAD / electronic integrity

Confirmed that the Iraqi List, she made a request to the presidency of the parliament to question Prime Minister Nuri al-Maliki.

The pink in a statement to the newspaper “Life” that “the motion to the presidency of the parliament, but we know they have not approached the Read more…

Othman: the political blocs to question al-Maliki either speed up or make repairs

Mahmoud Othman: the political blocs to question al-Maliki either speed up or make repairs
Thursday, July 12, 2012 09:17

Baghdad {: News} Euphrates called the Kurdistan Alliance MP Mahmoud Othman, the various political blocs to speed up the questioning of Prime Minister Nuri al-Maliki or effect repairs as quickly as possible.

Plans to the Iraqi List and the Kurdistan Alliance to apply to parliament to question al-Maliki as another way to withdraw confidence from the al-Maliki after a failure to persuade President Jalal Talabani to apply to withdraw confidence from Maliki to Parliament while announced the National Alliance to complete the Read more…

OPEC sees slower growth in oil demand in 2013

OPEC sees slower growth in oil demand in 2013

Thursday, July 12, 2012 13:11

Vienna / follow-up Baghdadiya News / .. confirmed that the OPEC world oil demand will slow in 2013 from its level in 2012 and attributed it to concerns about debt recovery in Europe and the faltering U.S. economy and slowing growth in emerging markets.
The Organization of Petroleum Exporting Countries (OPEC), which pumps a third of global oil supply that the “average Read more…

“Iraq,” and “Kurdistan” confirm the withdrawal of confidence from the Maliki

“Iraq,” and “Kurdistan” confirm the withdrawal of confidence from the Maliki

07/12/2012

Palm – confirmed the Iraqi bloc, led by former Prime Minister Iyad Allawi, that the option of withdrawal of confidence from Prime Minister Nuri al-Maliki still represents the best solution to resolve the current political crisis, as ruled out a coalition of state law to be able to block Iraq and the Kurdistan Alliance to muster the Read more…

Expert: political problems and volatile oil prices prevented without increasing the export capacity of Iraq’s oil

Expert: political problems and volatile oil prices prevented without increasing the export capacity of Iraq’s oil
Date: Thursday, 12/07/2012 11:03

Baghdad (news) .. Said economist Majid picture, that the most prominent challenges facing the Iraqi oil sector are political problems and volatile world oil prices, making the oil ministry is unable to implement its plan to increase Taqtin production and export of oil.
said the picture (of the Agency news) said on Thursday that lower oil prices in global markets for the failure to increase the amount of oil exported for fear of increasing the supply oil for the Read more…

Vice Kordstani: autocracy “Sevit” Iraq

Vice Kordstani: autocracy “Sevit” Iraq
Date: Thursday, 12.07.2012 9:33

Baghdad (news) .. Warned the MP / Kurdish coalition blocs / Hamid Buffy, the fragmentation of Iraq completely in the event of continued autocracy, noting that the political blocs meeting in Arbil, is determined to question the prime minister.
said Buffy (of the Agency news): All the political blocs to abide by the constitution and the agreements political, which was formed on the basis of the Government, as the Read more…

Newspaper questioned the usefulness of waiting for sanctions affected Iran and Iraq

Newspaper questioned the usefulness of waiting for sanctions affected Iran and Iraq cites the model

12/07/2012 09:49

Beirut, July 12 (Rn) – questioned the newspaper “Washington Post” the U.S. into the feasibility of the bet to wait in order to affect Western sanctions on the oil sector, Iran to force Tehran to return to the negotiating table again and make additional concessions, noting in this context to the international sanctions were imposed on Iraq under the regime of President Saddam Hussein. The newspaper said the U.S. “It seems Read more…

Shell start pumping gas from southern Iraq in three weeks

Shell started pumping gas from southern Iraq in three weeks

11/07/2012 19:17

Erbil, July 11 (Rn) – informed the company Shell Iraq said on Wednesday it would start pumping gas from the gas project south during the three weeks at 60 million cubic feet a day. and Iraq had signed a final contract in November last with Shell and Mitsubishi for the establishment of Basrah Gas Company, which holds the collection of associated gas from southern oil fields. A statement from the Office of the Deputy Prime Minister for Energy, Hussain al-Shahristani that the latter was received in his Read more…

The former minister calls for alternatives to oil export strategy in the event of closure of Hormuz

The former minister calls for alternatives to oil export strategy in the event of closure of Hormuz

12/07/2012 13:57

Erbil, July 12 (Rn) – The former oil minister Ibrahim Bahr al-Ulum, the need to find alternatives to oil export strategy in anticipation of closing the Strait of Hormuz by Iran in the event of war with it. According to a statement. The statement quoted the Sea of Sciences as saying that “Iran’s threats to close the Strait of Hormuz will affect the export outlets for Iraqi oil through the Gulf, which is the main outlet for the export of Iraqi oil, stressing the need for the Read more…

Parliament discussed and approved ten laws

Chamber of Deputies passed six laws, while finished reading the first and the second of four other laws, notably the law of parties. In its fourth legislative term the first year’s third Legislature, which was held under the chairmanship of Osama al-Chairman of the Board of Representatives and the presence of 175 deputies, Read more…

Shahristani’s bloc accuses Kurdistan Region of smuggling oil in “collusion” with Exxon Mobil

ERBIL, July 11 (AKnews) – An MP from the Muataqillon (Independents) bloc led by Iraq’s Deputy Prime Minister for Energy Affairs Hussein al-Shahristani has accused the Kurdistan Region of smuggling oil to neighboring countries in “collusion” with US giant Exxon Mobil. Read more…

Kurdistan opposition issues statement against new Security Council

ERBIL, July 11 (AKnews)- All the opposition parties in the Kurdistan Region will do their best to take the legal and civil measures in order to dissolve the newly founded “illegal” Kurdistan Security Council and to invalidate its law.
The announcement came in a joint statement by Read more…

Political Crisis Cancelled, Provincial Elections Next in Iraq?

The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Read more…

Allawi: Our meeting in Arbil, the latter concluded interrogation of al-Maliki and his confidence

Allawi: Our meeting in Arbil, the latter concluded interrogation of al-Maliki and his confidence
Wednesday, July 11, 2012 19:34

Baghdad {: News} Euphrates said Iyad Allawi, head of the Iraqi List, said the meeting with his last head of the Kurdistan region, Massoud Barzani, head of the House of Representatives in the presence of Osama Najafi and Deputy Prime Minister Saleh al-Mutlaq and a number of Kurdish leaders concluded that the stability of the position of the blocks on the interrogation of al-Maliki. Read more…

Most Iraqi Banks Meet New Capital Requirements

Most of Iraq’s 34 private banks have met the central bank’s 30th June deadline to reach the 150 billion Iraqi dinar ($128.8 million) capital requirement, reports Reuters. Read more…

Trade: the nomination of U.S. companies for the processing of Ford cars suitable for Iraqi airspace

Trade: the nomination of U.S. companies for the processing of Ford cars suitable for Iraqi airspace

Wednesday, July 11, 2012 16:20

BAGHDAD / Baghdadiya News / .. Ministry of Commerce announced its intention to conclude the Iraqi service contracts for the supply of the latest cars.
The Director General of the General Company for Trade cars and machinery in the Ministry of Commerce Adnan Al-Sharifi said in a statement received by the agency / Baghdadiya News / copy of it, Wednesday, that “the company is determined to Read more…

US Embassy Denies It Reports on Wealth of Iraqi Political Leaders

A spokesman for the U.S. Embassy in Baghdad, Michael McClellan, has denied Read more…

Shell to start pumping gas at southern Iraq project

BAGHDAD (Reuters) – Royal Dutch Shellplans to start pumping gas from its gas joint venture in southern Iraq in the next three weeks at 60 million cubic feet per day, Iraq said on Wednesday.

              Shell and Mitsubishi Corporation <8058.T> signed a $17 billion deal with Iraq Read more…

Member of Economic Committee says old currency likely to continue until they are replaced

Published on Wed, July 11 يوليو

BAGHDAD / With: The Economic Commission representative on the continuation of the work the old currency for the largest possible period in the event of replacement early next year, indicating that the banks will pull all the old currency from the market and inject new currency Bdelha . Read more…

UN Sec General Ban predicts full compensation of Iraqi invasion victims by early ’15

UNITED NATIONS, July 10 (KUNA) ­­ Secretary General Ban Ki­moon expressed satisfaction with Iraq’s cooperation with the UN Compensation Commission (UNCC) and Baghdad’s continued payments of five percent of its oil proceeds to compensate the victims of the Iraqi invasion of Kuwait in August 1990, .predicting that full compensations will be completed by early 2015 Read more…