Experts: professional competence and financial capacity of most important conditions for the establishment of banks
[tlm724] necessity of making sure the professionalism and financial capacity before giving any license for the establishment of community banks may be fake and the interface to money laundering major
[tlm724] that "the laws and instructions of the Central Bank at a standstill, and private banks in dire need of supporting institutions to Ttaiwiramlha economic, and this also needs to strong will to implement the legislation within their contexts correct.
[tlm724] "security confusion experienced by the country requires auditing and wait any steps that would harm the interests of citizens and customers with some of the banks,
[tlm724] "activate the work of private banks, according to the Central Bank Law is a great support for the national economy.
[tlm724] heres the thing about the CBI Banking Law
[tlm724] in article 28 it states this :
[tlm724] , "no bank shall be exercised or participate as an agent, partner, or owner, wholesale trade or singular or manufacturing processes, transport or agriculture or fisheries or mining or building or re-insurance, or any activity or action other than a licensed them.
[tlm724] this has basically tied the hands of the banks, restricting their participation in loans to help grow industry
[tlm724] so there must be amendments made to this law asap !
Union bloc: united to have no right to retain the post of Presidency of the Council of Representatives
[tlm724] that the disputed areas stipulated in the constitution are subject to political agreements in the next phase to resolve its problem
[tlm724] yep saw that writing on the wall
Iraqi bond holders to make a profit
[tlm724] stressing that the financial resources of Iraq rises over its ability to repay the debt are growing as Iraq has not been without its financial obligations in terms of debt repayment.
[tlm724] confirmed that the picture of Iraqi funds are now protected by the central bank as a deal with five central banks of the five countries give protection to the funds of the Central As long as the bank continued to work as a body independent of the government
[tlm724] that the efficiency of Iraq's financial high, as it has the capacity to fulfill its debts.
[tlm724] that some creditors have rulings lawsuit to satisfy the debt to 100 percent and their numbers are unknown, but they do not pose a threat, and at the same time sizeable, especially as the country paid the bulk of them.
[tlm724] Salih noted that the rest of the reserves of the Central Bank in other countries deposited and managed by central banks provide protection for Iraq's money since 2007, so it is not easy to attack by the creditors
[tlm724] so the CBI has these debt's well under control and the creditors are actually going to make a profit
1,000 U.S. Marines headed to Persian Gulf
More Americans are heading to the Persian Gulf.
CNN's Barbara Starr reports the USS Bataan is headed to the region with 1,000 marines on board.
A U.S. official also confirms that armed American drones are now flying over Baghdad.
[tlm724] Ooh-Rah ! I believe these marines are being strategically positioned to protect the United States Embassy in Baghdad, just in case..
Iraqi Helicopters Strike Militant-held Tikrit
[tlm724] the air raids targeted Sunni insurgents attacking army troops, who have established a bridgehead at a university campus on the city's northern outskirt Government troops were ferried in by helicopter to the sprawling campus early Friday morning.
[tlm724] a bridgehead is the strategically important area of ground around the end of a bridge
[tlm724] al-Maliki's bloc won the most seats in April's election, but he is now fighting for his job, with even fellow Shiite allies and key patron Iran exploring alternatives to replace him
[tlm724] After 2010 elections, it took Iraqi politicians nine months to agree on a new prime minister.
[tlm724] Now, unlike four years ago, the territorial cohesion of Iraq is at stake.
[tlm724] well maybe thats good, get the new PM in and get on with it
[tlm724] Sistani called on politicians to agree on the next prime minister, parliament speaker and president by the time the new legislature meets on Tuesday, a cleric who represents him said in a Friday sermon. Doing so would be a "prelude to the political solution that everyone seeks at the present,
[tlm724] they can agree but until they take the oath on Tuesday they cannot vote but after they are sworn in they can vote
[tlm724] "It's my understanding he was calling for a process that's in line with the constitution, just to do it very quickly,