IRAQI DINAR POLITICS & ECONOMY

Iraqi parliament ends read the five laws and voted Thursday on the budget

20/02/2012 17:23

Baghdad, February 20 (Rn) – Select the House next Thursday, the date for the vote on the federal budget for the current year at a meeting on Monday, which was held under the chairmanship of President of the Council Osama Najafi and the presence of 183 MPs also completed the first reading and the second for about five laws.  said the decision the House of Representatives MP Muhammad Al-Khalidi told the Kurdish news agency (Rn), “said Mr. Najafi for determining next Thursday deadline to vote on the bill the federal budget for next year, and the cost of the Finance Committee to continue its work during the week to include all the proposals in the bill as well as the continuation of meetings of the Council until the adoption of the budget on Thursday the next. Read more…

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Markets experiencing a slight elevation and fear of increased rates of inflation

Markets experiencing a slight elevation and fear of increased rates of inflation

19/02/2012   After the reports about smuggling dollar   Still the dollar is the most control over the prices of materials and goods in local markets of Iraq, when baptized the Iraqi Central Bank to increase the value of the dinar against the dollar have not experienced material prices decline as expected, and when rising U.S. dollar exchange rate quickly rises with the rest of the daily needs of a family of food and clothing and household items, and this equation may be vague in many respects but it still controls the market Bmattiyadtha reflected these days negatively on the overall stores that sell food and household across the markets of Baghdad and the provinces, at a time began to indicators of the dollar to rise saw the prices of goods and merchandise are the other rises slightly in the whole of Iraq, Read more…

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Discharge port stronghold witnessing the largest payload in a single day since 2003

Discharge port stronghold witnessing the largest payload in a single day since 2003

19/02/2012 16:46

BasraBasra, February 19 (Rn) – An official notification Ports Iraq, said the port stronghold in the province of Basra witnessed on Sunday discharge the largest amount of cargo in a single day since the fall of the former regime in 2003. said Anmar net Kurdistan News Agency (Rn) that “the Port stronghold of trade made ​​the highest number in unloading cargo arriving in one day as they hit the weight of cargo unloaded (4018) tons, a figure recorded for the first time since the fall of the former regime. “and added that “the amount of cargo unloaded back to (14) ship docked in the port berths of different nationalities, with a tonnage of cement. ”  Read more…

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Source: House of Representatives will discuss next week’s vote of no confidence Mutlaq

Source: House of Representatives will discuss next week’s vote of no confidence Mutlaq

19/02/2012 15:22

Saleh al-MutlaqBaghdad, February 19 (Rn) – A parliamentary source close to House Speaker Osama Najafi on Sunday, that the Presidency of the Council of Representatives will be included to discuss the request of Prime Minister Nuri al-Maliki has no confidence in his deputy, Saleh al-Mutlaq, the Council’s agenda over the next week in response to pressure Heads of forces parliamentary.The source, who asked not to be named, told the Kurdish (Rn) that “House Speaker Osama al subjected to great pressure by the political, parliamentary, and heads of parliamentary blocs also include a request to withhold confidence from the Deputy Prime Minister Saleh al-Mutlaq’s agenda one sessions next week. Read more…

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Inter-bank system to cut off Iran banks

Inter-bank system to cut off Iran banks
Kuwait Times – 18 February, 2012

SWIFT, the global interbank transfer network, said yesterday it was ready to exclude Iranian banks from its system once the EU has enacted new sanctions to that effect against Tehran. “SWIFT stands ready to act and discontinue its services to sanctioned Iranian financial institutions as soon as it has clarity on EU legislation currently being drafted,” the Belgium-based organization said in a statement. The United States and European Union have been tightening sanctions against Iran to force it to abandon its nuclear program, which they suspect has military aims.

Read more…

Be the first to comment - What do you think?  Posted by MDV - February 18, 2012 at 9:06 am

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Washington confirms Iraq delivery 131 M1A1 Abrams tanks of 140 contracted by the

Washington confirms Iraq delivery 131 M1A1 Abrams tanks of 140 contracted by the

Saturday 18 شباط 2012 11:35 GMT

 Sumerian News / Baghdad 
confirmed the U.S. Embassy in Baghdad, Saturday, that her Government recognized the Iraq 131 tank type Abrams M1A1 of 140, the Iraqi government had contracted it, and as denied what some of the media that the tanks that were purchased did not hand over to Iraqi authorities, She stressed that the arms sales to Iraq, including the sale of tanks are fully transparent and accountable. the embassy said in a statement issued today, and received “Alsumaria News”, a copy of it, that “U.S. arms sales to Iraq, according to the program of the Government of the United States Foreign Military Sales are fully transparent and accountable, Read more…

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Million fine MP for the absence of the voting session

Million fine MP for the absence of the voting session

18.02.2012

Decided the Presidency of the Council of Representatives to impose a fine of one million Iraqi dinars to each deputy absent from the meetings of the voting will be held on Thursday of each week. The decision of the Presidium of the Council that a cause of satisfaction to the large number of citizens, as it came to force MPs to attend and vote on projects laws that affect people’s interests. and see a member of the Legal Committee of the Board MP Mohsen Saadoun that the fine will stimulate the Parliament over the audience, pointing out that the voting sessions are held regularly and absent by Parliament, but during the vote on the laws at issue and that you need a consensus among the heads of the blocks.  Read more…

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The Iraqi government warns of the continued delay in approving the budget until the end of the month

The Iraqi government warns of the continued delay in approving the budget until the end of the month

18/02/2012 13:26

Baghdad, February 18 (Rn) – warned the Iraqi government continued to disable approval of the budget in 2012 emphasizing the need for approved during the month. The value of the budget in 2012 that approved by the government in the 5 of December / Dissembrmen last year, $ 100 billion, and a deficit of up to $ 13.5 billion, and focused on the energy sector and the oil phase of the first, and then the security sector, and then the education sector, education and health.  Read more…

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Clerks: the Kurds and the mediator between Sunnis and Shiites to save Iraq

Clerks: the Kurds and the mediator between Sunnis and Shiites to save Iraq

17/02/2012 11:21

barzani-&-talabaniBeirut, February 17 (Rn) – A magazine “National Interest” the U.S. in a report entitled “Iraq on the brink of the abyss”, the “preserve the unity of Iraq is not a picnic for all internal and external parties concerned, there are ups and downs,” pointing to the role of the Kurds key to play the role of mediator between Sunnis and Shiites. The Journal of the American in a report written by Morton Abramowitz, Jessica Sims, that everyone knows that the fall of President Bashar al-Assad and his regime will have big implications on both Iraq and Iran and could lead them to the scenarios is not clear its image after Read more…

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Iraqi oil reserves 500 billion barrels

Iraqi oil reserves 500 billion barrels

 

Palm – The spokesman for the Iraqi Oil Ministry, Asim Jihad, the oil reserves of Iraq of about 500 billion barrels, pointing at a workshop to exchange experiences press organized by the Italian news agency (Aji) in Baghdad and attended by media figures are Iraqis, that the updated data for the first time in decades on the reserve Iraq’s oil wealth of the firm, showed that the size of 143 billion barrels, indicating that these data can be increased as it accounted for 64 oil fields only. Read more…

Be the first to comment - What do you think?  Posted by MDV - February 16, 2012 at 12:48 pm

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Kuwait: $ 21 billion size of the remaining debt on Iraq

Kuwait: $ 21 billion size of the remaining debt on Iraq

Palm – A Kuwaiti newspaper published today that the size of the remaining debt of Kuwait to Iraq amounted to $ 21 billion, after paying a fund for the United Nations Commission for $ 680 million compensation.

The newspaper Al Qabas in the news, says the fund for the United Nations Commission on Compensation for Bmtdharra the second Gulf War, agreed to provide $ 680 million for nine points damaged in Kuwait, adding that the amount provided will increase the total amount of compensation paid to individuals, companies and government institutions and international organizations to about $ 31.4 billion remaining to be owed to Kuwait $ 21 billion. Read more…

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Oil will be the second metal: the discovery of Gold in the area of ​​luxury in eastern Baghdad

Oil will be the second metal: the discovery of Gold in the area of ​​luxury in eastern Baghdad

14/02/2012 13:11

BAGHDAD / Hadi Marei JLo

Continue drilling operations in the area of ​​luxury Aldajh populated eastern Baghdad after the discovery of the existence of huge quantities of atoms of gold metal in the soil … and continue exploration and drilling for more than two years in the region, under the street extending from Fudhaliyah until the end of the quarter-Obeidi, or so-called (Htit) a low water is used for the diversion of rain water in flood seasons, said that the leader Abd al-Karim Qasim is drilled.

Read more…

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US dismisses Iran’s nuke achievements

US dismisses Iran’s nuke achievements


Khaleej Times – 16 February, 2012
The US has dismissed the nuclear achievements demonstrated by Iran as something not terribly new and impressive.

Washington expected to learn more from the International Atomic Energy Agency (IAEA)inspectors currently on the ground in Iran about what the country demonstrated earlier in the day, Xinhua quoted US State Department spokeswoman Victoria Nuland as saying Wednesday.

Iran’s move laid bare the pressure of its international and diplomatic isolation, as the “unprecedented” sanctions are still growing, she said.

“Well, I can’t speculate any further as to Iran’s motives behind its various actions. But our view on this is it’s not terribly new, and it’s not terribly impressive,” she said, adding “This strikes us as calibrated mostly for a domestic audience.”
Read more…

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Iraq puts alternatives to the Strait of Hormuz, the export of crude oil

Iraq puts alternatives to the Strait of Hormuz, the export of crude oil

16/02/2012 10:10

Ali ShukriBaghdad, February 16 (Rn) – The Iraqi government announced on Thursday it had decided to develop alternatives to the Strait of Hormuz to transport crude oil to customers around the world, after increasing tensions in the region and Iran’s threats to close the strait that was imposed sanctions on its oil exports. states agreed The European Union last month to ban gradually Iranian oil, and the imposition of sanctions on a bank Tehran Central cut off funding for its nuclear program, a move that threatened Iran close the Strait of Hormuz vital a response if taken. and Iraq is the most prominent losers from closing the Straits as passes about 1.7 million barrels per day of crude oil from the country of Hormuz of the total 2.2 million barrels Iraq is exported daily, Read more…

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Iraq: The offices of inspectors general recover the 3 trillion dinars in 2011

Iraq: The offices of inspectors general recover the 3 trillion dinars in 2011

16/02/2012 12:30

Adel Mohsen

Baghdad, February 16 (Rn) – The Iraqi government announced that the offices of inspectors Alamommin in all ministries recovered during 2011 3 trillion dinars was on its way to the waste and financial and administrative corruption. said the Integrity Commission announced today that it agreed with the Secretariat of the Council of Ministers to cancel the offices of inspectors general or directly linked to body integrity. The coordinator of the Prime Minister Adel Muhsin, told the Kurdish news agency (Rn) that “the offices of inspectors general, who number 30 offices recovered in 2011, nearly 3 trillion dinars and check 3 thousand contract also evaluate the performance of 500 companies public and to do with 30 Elf inspection tour and to transmit 1200 issue of the elimination and 1500 to the Integrity Commission. Read more…

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Al-Maliki urges Kuwait to open new chapter in relations

Al-Maliki urges Kuwait to open new chapter in relations


Kuwait News Agency – 15 February, 2012

Iraqi Prime Minister Nouri Al-Maliki on Tuesday urged the State of Kuwait to put all the bad memories behind and let bygones be bygones.

“Iraq is eyeing new relations with all Arab countries, particularly neighboring Kuwait, based on mutual respect and trust,” Al-Maliki said in a meeting with Kuwait’s Ambassador here Ali Al-Moamen.

Al-Maliki called on the State of Kuwait to forget about the bad memories of Saddam Hussein regime’s occupation of Kuwait and to open a new chapter with Iraq.

For his part, Ambassador Al-Moamen said that His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah is eager to develop ties with Iraq at all levels.

Al-Moamen renewed HH the Amir’s invitation to the Iraqi Premier to visit Kuwait.

In response to his invitation, Al-Maliki said he plans to visit Kuwait ahead of the coming Arab Summit, to be held in Iraq.

https://www.gulfinthemedia.com/index.php?m=politics&id=590591&lim=&lang=en&tblpost=2012_02

Be the first to comment - What do you think?  Posted by MDV - February 15, 2012 at 8:49 am

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GCC countries ‘could reap windfall from Iran-West rift’

GCC countries ‘could reap windfall from Iran-West rift’


Gulf Times – 15 February, 2012

Rising tension between Iran and the West is increasing political and economic risks for sovereign and corporate issuers in the Middle East but for the GCC (Gulf Co-operation Council) it will be windfall gains as oil prices may hover around $ 150 a barrel, according to credit rating agency Standard and Poor’s (S&P).

“In response to tougher sanctions, including a boycott of Iranian oil exports by the European Union, Iran has threatened retaliation, notably in the form of a blockade of the Strait of Hormuz, a conduit for the flow of oil and gas out of the Gulf,” S&P said in its latest report.So far, these threats have been verbal, but analysts are not ruling out the possibility that the current exchanges of rhetoric could spark disruptions to trade flowing through the Strait, or even in an extreme scenario, military confrontation. Read more…

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Iraqi al-Maliki accused again of trying to establish a culture of subversion of the Constitution

Iraqi al-Maliki accused again of trying to establish a culture of subversion of the Constitution

15/02/2012 12:14

Baghdad, February 15 (Rn) – accused the Iraqi List led by Iyad Allawi, Wednesday, reiterated Prime Minister Nuri al-Maliki of trying to establish a culture of subversion of the Constitution by refusing to ratify the requests for some provinces required to establish the region, noting that the statements of Prime Minister latest from the regions where constitutional violation is clear. Prime Minister Nuri al-Maliki Read more…

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Report: Iran is using Iraq’s oil for financial gain and political

Report: Iran is using Iraq’s oil for financial gain and political

14/02/2012 13:14

Oil, Nawt, NaftBeirut, February 14 (AKnews) – Publish site “Stratfor” the U.S. report reveals that Iran is years ago the process of looting continued for Iraqi oil, and on a regular basis, from the area of southern Iraq, and help these robberies the huge Iranian government to withstand sanctions, which aims to stifle its oil exports. The report said that “Tehran has built a network of smuggling oil complex allow them to collect significant revenues from oil production in southern Iraq, and allow the proceeds to Iran, a revenue worth about $ 20 million a day, to maintain its influence in the region, as they prepare to defend itself against severe sanctions against oil exports. ” It said that “nearly 10 per cent of the oil produced in the region of Basra in southern Iraq, smuggled, and ends up in Iran in order to export, and contain Basra, two thirds of oil reserves in Iraq.” Read more…

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Postponement of a meeting of the three presidencies to be held today

Postponement of a meeting of the three presidencies to be held today

13/02/2012 12:38

Talabani.al-Maliki.al-Nejifi

Baghdad, February 13 (Rn) – The House of Representatives for postponement of a meeting of the three presidencies, which was hoped to take place today to discuss the mechanics of the national meeting. said the decision the House of Representatives Muhammad Al-Khalidi told the Kurdish news agency (Rn) that he “decided to postpone the meeting of the trilateral meeting presidential today because of the preoccupation of the Prime Minister to hold an emergency session in the province of Basra. ” He said he “did not specify the three presidencies hold tripartite meeting to discuss the mechanics of a national meeting and ways to make it a success.” and held the Prime Minister tell Maliki important meetings today in Basra province to resolve some of the problems the service there.  Read more…

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