Go to Comments
******my my where to begin , weve had such awsome news for the last few months, in all these years ive been in this investment, these are the days and times we could only dream about taking place, all the things weve waited to see being headliners every single day it seems, dinar, lower denominations, article 140, hcl, monetary change, they are all there...such exciting times for us, and for iraq, i do realise this is a very long chat but i hope u all will read it thru so much good news in here and so much more posted that didnt make it in this chat******** lets get started, ********
The head of the Liberal: the Iraqi economy will improve after the departure of U.S. troops from Iraq
26/10/2011 13:09:00 26/10/2011 13:09:00 حجم الخط: Font size:
The independent Iraqi news agency / Baghdad - The head of the Liberal parliamentary Bahaa al-Araji, at a conference in the House of Representatives with the various Iraqi political blocs and the host central bank governor, "Shabibi" that the Iraqi economy will improve after the departure of U.S. troops from Iraq.
Araji said the reporter (and independent Iraqi news agency) "that there are four important things were discussed with the Governor of the Central Bank of Iraq's economic future, first after the occupation and how to restore economic activity through the profits to be provided by the Iraqi economy
.مو . Saying was "discussed the possibility of the distribution share of the oil to the Iraqi citizen.
Noting "that the governor welcomed this proposal and prepared to cooperate to achieve this important project.
Adding, "discussed the private banks and retail banking, remittances, and how to adjust and with great regret we received information that there are points of a terrorist group and Saddam's Baath The control of these banks. He explained" were discussing these things because we are at the doors of the liberation of Iraq and return of Iraqi sovereignty, even to Anattiy way for terrorists.
و. He said al-Araji said the most important matter which has been discussed is to delete the zeros of the Iraqi currency and the pros in this project.
. . م Stressing that "the world view to the Iraqi dinar because of the loss of sovereignty would be a diminution of the dinar and the evacuation of troops will raise the value of Iraqi dinar.
***********my goodness lol doesnt this just about say it all? *****"Shabibi" that the Iraqi economy will improve after the departure of U.S. troops from Iraq.
*****"that there are four important things were discussed with the Governor of the Central Bank of Iraq's economic future, first after the occupation and how to restore economic activity**** through the profits**** to be provided by the Iraqi economy****
.مو . Saying was "discussed*** the possibility of the distribution share of the oil to the Iraqi citizen.***
Read More Link on Right
Noting "that**** the governor welcomed this proposal ****and prepared to cooperate to achieve this important project.****
Adding,**** "discussed the private banks and ***retail banking,*** remittances,***and how to adjust***and with great regret we received information that there are points of a terrorist group*** and Saddam's Baath*** The control of these banks.***( see we saw in articles maliki goin after the bath party as they were givin intel from the usa about a coop to try an take over the goi once we pulled our troops out and there has been worries about funding terrorisim when it rv'd and months ago banks asking the cbi to put umberellas around them an protect them from huge cash ins and mafias, lots of these things make more and more sense every day as we watch a very corupt country try to get some honesty and truth and honor back into its pages of history, they all should be ashamed of there deeds while the people suffered but they arent, they will only feel shame if there caught and brought to justice, imo, so shabibi says with regret they discovered some terrorist an also the saddams bath party were going thru some of these banks and funding terrorisim and causeing strife within the country, so as weve seen like 500 arrest in the last 72 hours of many bath party people attempting to over throw the government once we leave iraq, many exciting days ahead here for us as we see them try to pull there country out of the ashes an make it what it should have been already and bring these crooks to justice...imo...) ********* He explained" were discussing these things********** because********we are at the doors********* of the liberation of Iraq********* and return *******of Iraqi sovereignty,********* even to Anattiy way for terrorists*******.
و. He said *********al-Araji said the most important matter **********which has been discussed *********is to delete the zeros of the Iraqi currency****** and the pros****** in this project.******Stressing that********* "the world view to the Iraqi dinar***** because of the loss of sovereignty******* would be a diminution of the dinar******* and the evacuation of troops******* will raise the value of Iraqi dinar.*******(souverien country souverien currency imo)
Iraq possesses huge cash reserve is the largest in its history********
Central Bank Governor for (morning):
Baghdad's thghb Al-Tamimi
Cannot initiate economic reform away from a monetary policy to maintain the exchange rate, which is an important aspect in the economic world, as well as in venture business Finder a secure environment for the presence in the field of employment, as well as monetary stability is very important for making concrete balanced productive sectors that create an environment friendly to aspiring global investments, to be stationed in Iraq. overall stability
This is what the Iraqi Central Bank Governor Sinan Al-Shabibi told he (morning): indicating that the Central Bank adopted monetary policy that contributed to achieving economic development, which provides overall stability, pointing out that economic stability when accompanied by political stability will create the perfect investment environment, and the Central Bank in cooperation with the Government succeeded in maintaining a stable exchange rate for the currency, and are keen to continue this stability and maintain daily, referring to the US Central Bank Governor Confirmed that the most important achievement in the field of non-cash exchange rate thinking of relation at all prices, especially in a country depends on import.
The largest cash reserves
Shabibi was: that the Central Bank owns large defensive force to maintain the exchange rate of the currency, the size of the huge cash reserve and the largest in the history of Iraq, stating that in the cash economy there is no such thing as a currency, and the Central Bank to this reserve can address any step trying to confuse the real currency, assuring investors firmly and currency stability.
He said that the Central Bank supervises the work of banks and private banks, and organize their work and mechanisms contain problems that appear in some banks, because failure to regulate banks is an obstacle to development, the Bank also oversees all government payments under its plan, because the Government and Central Bank Bank Bank Bank.
Either the subject of inflation Shabibi said follow-up to reduce inflation by knowing the consumer index ' of the CSO and its developments are monitored, and if high inflation is dealt with by the Central Bank, because it has the cash and can be lifted and lowered the level of liquidity due to the reality of inflation.
Cooperation with banks
And private banks to essentially develop stressed Shabibi capital and participation, as well as activating lending mechanisms adopted by, the study of the reality of projects funded, and the need to adopt international standards and expertise in banking, however Central Bank capable of providing greater cooperation with the banks, enough to meet the challenges.
He noted that the Central Bank of Iraq in the International Monetary Fund, and that its assessment of the financial and other aspects of the first cash, paid tribute to maintain payments, prices and inflation issues, but the fundamental issue is that the World Bank emphasized that there is considerable budget outlays and offers reviews, because the spending of this magnitude leads to borrow and enter into debt problems, and there is continuing with the World Bank to make an appropriate economic climate of transition experienced by the country in the meantime. He stressed the need for further reviews the latest World Bank report on development of the financial sector in the three wards of the banking sector and the insurance sector and the Bourse, also stressed the importance of taking into account the report advised when thinking about the reform yalakatsadi because delay in dealing with these observations may be detrimental to the Iraqi economy, pointing out that the Central Bank study carefully all the observations made in the report of the Bank.
********** they need a big reserve for what they are about to do..wink wink lol************
House of Representatives will discuss with the Governor of the Central Bank granted a share of the oil resources of the people
27 October, 2011
Hosted by the House of Representatives of the Central Bank Governor Sinan Shabibi in a series of meetings that are conducted with executive branch officials to discuss with them in a number of issues related to the files and the economic and political security.
Said Bahaa al-Araji, told a news conference that the most prominent issues that were discussed with the Governor of the Central Bank of issue of giving a share of the oil resources of the people, adding that the central bank governor confirmed the possibility of curtailment amounts of oil imports for distribution to the people and the application of the subject.
He explained that al-Araji said Shabibi positive and delete the zeros importance of the subject and its impact on the economic situation, adding that the governor stressed that the Iraqi economy will rebound after the withdrawal of U.S. troops from the country because foreign companies will come to the Iraqi market .
**********Stronger power of central banks************
It was believed after the global financial crisis that under the authority of central banks is very limited. The crisis reminds us that part of the financial policy based on price stability will affect the financial stability through its effect on asset prices, commodities, credit, capital flows and exchange rates .
Moreover, this effect will not affects one country, the monetary policy in one country can affect other countries through flows of capital across borders, with a great importance for financial stability as well. So it's time to update the powers of central banks and their operations. Central banks must speak to make financial stability a goal, declaring them as well as price stability. It must of monetary policy in particular to be a component of the legal instruments that will be used to escape from the crisis . This means that when there are indicators such as the rapid growth in credit or exaggerated price increases companies' assets must exercise its authorities in the assessment of effects of changes in asset prices and economic activity and financial stability. The authorities should, instead of specifying or defining the bubbles, that simply asks whether the change in financial indicators will affect the economy or not. If the answer is yes, there is no financial impact of changes on the economy, the authorities must use multiple tools, including monetary policy if necessary. If the result was that central banks lose their compass inflation target, it is necessary to sacrifice him in order to achieve financial stability .
Requires extending the powers of central banks to change the way it deals with the public and politicians. Will not be happy people or leaders, for example if the central bank put restrictions on credit for the benefit of financial stability, including causing a decline in asset prices. Must build the Central Bank of appreciation of the risks and the logic of its financial policies so ably and well-deserved .
And is more transparency and communication of the vital factors if it wants the central bank to defend its independence when expanding his powers. It needs to be reticent when it seeks to balance the goals of price stability, production and financial stability .
The central banks do not do much to limit the effects of its policies on other countries, but do not care about financial stability at the global level .
May not be the central banks in major countries willing to accept global responsibilities especially when the country suffering from slow economic growth, but we must prepare ourselves for the future .
******as my buddy player46 said......Prepare ourselves for the future... WoooHoooo!!!****lol just awesome stuff today huh? that article said so much and watch as shabibi does what hes brillant at hes about to change monetary policies and it WILL affect the rest of the world as we know it ..all imo of course********
Expert's (the economic term): Delete the zeros does not adversely affect trading on the stock exchange
the whole number of economic experts that the deletion of zeros from the local currency does not have any effect on the Iraqi market, stressing that the move is working to facilitate the calculations in the price policy and the banking system in Iraq. At the time of the Securities Commission announced that Iraq is not qualified economically
To delete the zeros of the local currency to the presence of a significant impact on financial trading in the stock market.
and said economic expert Majid picture: that is to delete the zeros of the local currency Saatheraly trading financial trading inch.
He said Suri's (range economic): The process of deleting Asvarmn decision task the responsibility of the government and parliament alike.
He Suri: The deletion of three zeros from the local currency will help to facilitate the calculation and shorten the amplification figures indicating that the issuance of small groups of certain work to facilitate the accounts price policy.
He drew the picture to the presence of some of the problems facing the process as a subject share value for the different institutions as well as to the value of capital, referring to the need to find appropriate solutions and the adoption of the foundations of modern that make the process more streamlined.
He explained that the release will be followed by some of the obstacles Kokchav fraud earlier during the withdrawal of old currency, and others.
He said the picture that the inventory of the cash block Bolasaddaralnkadi the new and the switch must be in sufficient time so as to avoid any forms may occur in addition to the need for campaign awareness suitable for all economic actors and popular to explain the whole issue and bring relief to the imposition of Zbabih on the process of switching the currency that can be used by some greedy in the graft.
it unlikely for economic expert Sohail Abbasi and any damage due to switch the local currency and delete Asvarmnha indicating that the new value will be the same for BD without Asfarmakda the advance publicity for the government about the process of deleting Alasfarghyr true at the present time.
The economist said Suhail Abbasi for (long economic): that of the grave mistake committed by the government is announced prior to the deletion of zeros without the direct and fully prepared for this process what is happening confusion and concern for citizens as well as it would hamper the work of government and private banks. He said Abbasi: After direct comes the stage of creating citizens and banks for the withdrawal of old currency and replace the currency of modern, pointing out that Turkey during the switch its currency committed by the secret and not to leak any information during the development of plans there so it did not occur any problems delayed the cruise.
The head of the Securities Abdul Razzaq al-Saadi, said earlier: (a) n delete the zeros of the local currency will affect the financial trading in the stock market.
He said Abdul Razzaq Saadi, according to (Rn) that "Iraq is not qualified economically to delete the zeros of the local currency to the presence of a significant effect on trading the financial stock market, noting that some companies registered Appropriation Financial is less than the Iraqi dinar and delete zeros will cause it to third dinar volume of trading the Iraqi market for securities one billion Iraqi dinars a day.
Saadi said: There are service projects such as building power stations, most of the deletion of zeros, which cost Iraq billions of dollars as the economic situation which is still not at the level required to remove three zeroes. "
In the same context The government said the process of removing zeros from the currency ornament will increase the phenomenon of money laundering and is working to convince the central bank need to stop work on the project.
and the central bank of Iraq to the new currency will increase by three zeros, indicating that he had conducted an extensive study concluded that the lifting of the zeroes will strengthen the value of the currency.
The Securities Commission, said that Iraq provided the countries of the region the size of financial trading increased by 70%.
The stock market began its activities in 2004, and shifted from manual trading to the use of screens handle electronic in 2009 and open for trading two hours a day five days a week.
******* not to rehash the old....... old....... very old .....lol... lop/nolop theory, but if there was gonna be a lop it would most definatly affect trading on the stock exchange if it was to lop but if it was to rv instead then it wouldnt be affected, of course this is my opinon it always has been, and i wont be questioned or grilled for my opinons, they are just that my opinons, im not trying to force feed any one to agree with me just stating my opinons thats all....*****
the whole number of economic experts that the deletion of zeros from the local currency *********does not *******have any effect****** on the Iraqi market,***** stressing that the move is working to facilitate the calculations in the price policy******** and the banking system in Iraq.****** At the time of the Securities Commission announced that Iraq is not qualified economically
To delete the zeros of the local currency to the presence of a significant impact******* on financial trading in the stock market.******
and said economic expert Majid picture: that is to delete the zeros of the local currency ******Saatheraly trading financial trading inch.
He said Suri's (range economic): *******The process of deleting Asvarmn decision task**** the responsibility of the government***** and parliament alike******.
He Suri: The deletion of three zeros from the local currency ******will help****** to facilitate the calculation**** and shorten the amplification figures*****indicating that the**** issuance of small groups of certain *******work to facilitate the accounts price policy*****He drew the picture to the presence of some of the problems facing the process as a subject ********share value****** for the different institutions***** as well as to***** the value of capital,***** referring to the need to find appropriate solutions and the adoption of the foundations of modern****** that make the process more streamlined.****
He explained that the release will be followed by ***some of the obstacles ******Kokchav fraud*** earlier during the withdrawal of old currency, and others*****.
He said the picture that the inventory of the cash block Bolasaddaralnkadi***** the new *****and the switch*** must be in sufficient time ******so as to avoid any forms ****may occur in addition*** to the need for campaign awareness****** suitable for all economic actors and popular to explain the whole issue***** and bring relief to the imposition of Zbabih****** on the process of switching the currency**** that can be used by some greedy in the graft.**********indicating that******* the new value******** will be the same for***** BD without Asfarmakda *****the advance publicity****** for the government about the process of deleting Alasfarghyr****** true at the present time.*******The head of the Securities Abdul Razzaq al-Saadi,***** said earlier: (a) n **********delete the zeros *******of the local currency******** will affect******** the financial trading in the stock market.*****(but an rv wouldnt be a problem lol a lop would tho IMO )*****noting that some companies registered Appropriation Financial*** is less than the Iraqi dinar**** and delete zeros will cause it to third dinar ****volume of trading the Iraqi market for securities one billion Iraqi dinars a day****the central bank of Iraq to the new currency*** will increase*** by three zeros***, indicating that he had conducted an extensive study******** concluded that******** the lifting******** of the zeroes******** will strengthen******** the value of the currency******. The Securities Commission, said that**** Iraq provided the countries of the region the size of financial trading *****increased by 70%.****
The stock market began its activities in 2004, and shifted from manual trading to the use of screens handle electronic in 2009 and open for trading two hours a day five days a week.********ok next 1****
********heres a couple more articles has to do with the stock exchange and 1 of them i thot was so cool, like grandparents who call there grand kids to tell them a bed time story, this one says dont tell them a bedtime story tell them about the iraq stock exchange lol i mean really lol********
Director Taha al-Rubaie called for families across the world to tell their children stories about the stock trading instead of «Leila and the Wolf»
Baghdad Stock Exchange: We have 150 thousand customers and some of our transactions to exceed $ 500 million
Investors are watching the movement of stock market trading floor in the Iraq Stock Exchange
BAGHDAD - Saadoun Firas al-Hamdani
The Executive Director of Iraqi Stock Exchange, the number of shareholders registered in the stock market reached 150 thousand investors Iraqi and foreign, and the value of large deals of more than $ 500 million, expressing that he dreamed that the State decides to teach trading in the stock market in the stages of primary school, and tells the family to her children stories about the stock, money and business, rather than tell them the story of "Leila and the Wolf", to contribute to a culture of stock trading since childhood.
And reveals the Executive Director of the stock market, Taha al-Rubaie, announced that the "manual trading in the market began in 2004, while held the first session of electronic trading in the April 19, 2009," adding that "our anniversary, including a plan 2011, is a continuation of the organization of trading sessions from Sunday to Thursday , over two hours, start to enter commands from a ninth and a half to ten in the morning, and the duration of continuous trading of the tenth to the middle of the day. "
The spring, in a meeting with "the world" on Wednesday, that "what we added in 2011 is to allow the holding of large deals, and we have devoted half an hour after the trading session routine, which is characterized by that there should be disclosures of the prior name of the seller and the buyer, and the amount of shares they wish to buy and nature , "noting that" the great bargains in the stock market are limited to $ 500 million or higher, through a single contract and no more. "
He continues that, "added the other is to regulate the trading market parallel (second market) the market-formal education, there are companies that do not meet the terms of the basic listing, a version of final accounts for a period of two years, holds the decision of the General Authority for Securities accepted for inclusion and excellence and financial position, with the least number of shareholders in the stock market for 100 of its shareholders, "pointing out that" The market is invited for 22 joint-stock company since 3 months, to join the market, parallel, marking the organization of its work and open Tdoualha, in preparation for the transition to the regular market when they meet all the conditions, but any company that did not make to join us now, and I call your newspaper by the shareholders of unlisted companies, to press their companies to be included for us. "
Shows the spring that "Companies that fail to continue to meet the conditions included in the regular market, do not take the right sentence of expulsion from the market, but bring her back to the parallel market, and we give the opportunity to continue work, and if it reached the requirements for listing back to its former, note that the right to vote and sell and purchase. "
And holds that "the number of listed companies in the regular market is the 86 companies, and the last of the income of the trading is a bank (the Corporation), which will enter into circulation today, the Iraqi Company for the manufacture dates," revealing that "The Securities Commission halted trading for 14 companies contribution since more than two months, for failure to submit annual financial statements since 2010 to now. " Continues Rubaie said "there are 25 joint-stock company held meetings of the Assembly, and these meetings are held annually to discuss financial statements for the past year, and if they have decisions to increase capital, and any company with such decisions depend 4 months maximum," noting that "the Securities Commission financial and recently agreed to a proposal by the Board of Governors in the Iraqi market, and provides that stop a company that has increased through the capitalization of profits and reserves, a week before the meeting and the day of the meeting as well, and then resume trading in its shares listed on the market again after this day, the shares of the increase in capitalization are included Later, note that the Securities Commission, which is independent administratively and financially, is the monitoring of trading mechanisms and instructions, and give leave, prevent and monitor irregularities. "
And the opening of a branch of the stock market in Basra, confirmed Director of the Stock Exchange that they have "99 trading desk, working across a network in the same moment with the stock market, and opened two new branches of brokerage firms in Erbil and Sulaimaniya, as have not seen a formal request because there is a brokerage firm or a market in the Basra, but there was a desire among some elites to take a lecture on the Stock Exchange project and its mechanisms and the size of their business. "
He went on al-Rubaie said "there is in Baghdad, 47 offices belonging to the brokerage firm licensed and authorized, in each and every one of them dealing room small and between two screens and 7 screens, and a subsidiary of a bank, there are 6 stations, trading work at the same time with the market, via a private network (VPN) to maintain the security of the transmission of data, there are 6 stations in the form of securities, and monitor the function of trading in the market. "
And on the mechanisms of proliferation and expanding trade in Iraq, the little spring that "the club the upper example, if he applied for the development of screen trading in the restaurant or garden or any other site chosen, the audience watched the trading indicators, and perhaps raised the attention of potential investors, and questions on prices and trading and equity high and low, has generated some of them have the desire to invest in the market, or to inquire about through the website of the market, "pointing out that" the market has two employees Ajiban for continuous queries with us via the website.
But Rubaie, however, said, "I am very happy because the number of shareholders in the trading market has increased from 2004 to today, dozens of times, and currently the number of shareholders registered in the CDS 150 000 Iraqi and foreign investor. Afarahna this number but it does not Aredana."
And expresses its ambition to be "decided to study the stock market and trading in the stages of primary education, and I wish the family to tell their children stories about the stock market, not the (Leila and the Wolf), and is the father his son to purchase the shares to him in the stock market if it succeeds, rather than be prepared to buy a bicycle for example, ".
And add-Rubaie, "train the Stock Exchange at 750 students from various Iraqi universities annually, and this is not ambitious for good, and we contract with universities to provide data, and we started a source of information and data to the researchers," stressing that "the gates of stock market open to all age groups, although the purpose is to just look at and watch, because investment remains conditional
********and this 1******
Iraqi Stock Exchange index rose 2.41% at the end of the meetings this week
Thursday, November 27 1 / Okrudolf 2011 15:38
[Baghdad - where]
Iraqi Stock Exchange index rose at a meeting on Thursday, 2.41 percent at 137.79 points.
During the trading session the contribution of shares of 37 companies out of 87 companies listed electronically, as the prices of 4 companies, and prices fell, including shares of 23 companies, while 10 companies have maintained the price of its shares.
The number of shares traded at today's meeting more than one billion shares worth more than two billion dinars, achieved through the implementation of the 754 contract traded.
The banking sector witnessed trading of shares of 12 companies, the prices of shares of 8 companies, while preserving 4 companies on the prices of shares, exceeding the number of shares traded billion shares worth more than billion dinars have been achieved through the implementation of 473 contract traded.
The industrial sector witnessed trading of shares of 7 companies, with lower share prices of 4 companies, and kept two companies on the prices of their shares, while shares rose one company, and the number of shares of industrial companies with 60 million shares worth more than 169 million dinars have been achieved through, 115 contract traded.
The hotel industry has witnessed trading of shares of 5 companies, the prices of stocks of 4 companies, the shares of one company, and the number of shares traded for the hotel sector 7 million shares worth more than KD 173 million achieved through the implementation of 72 contract traded.
The services sector traded shares of 5 companies, with shares of one company, and the prices of shares of 3 companies, while preserving a single company on the prices of shares, exceeding the number of shares traded 18 million shares worth more than 84 million dinars have been achieved through the implementation of 43 contract traded.
Were carried out 23 contract for the purchase of non-Iraqi investors in the sectors of industry, banks and services. Finished.
*************Nassif: Council of Ministers approved the funds necessary for the construction of the port of Faw*************
27 October 2011
Announced an MP for the Iraqi bloc white high Nassif approval of the General Secretariat of the Council of Ministers to allocate the necessary funds for the construction of the port of Faw within the next year's budget.
Said Nassif told Aroadh site bloc Thursday: "He had previously been collecting signatures from a number of members of the House of Representatives to pressure the government to allocate the necessary funds for the construction of the port of Faw in the budget in 2012 and has referred the request of the Presidency of the Council of Representatives to the Finance Committee for the purpose of conducting necessary. "
It continued: "The Finance Committee responded to this request by its letter / m / 339 of 18/10/2011, which informed me that the Secretariat and agreed to the request in her book No. M / G / 395 of 10.03.2011, containing the words (we would like to inform you allocations that will be added to build a port of Faw in the budget for 2012). "
*********this is good because this can and will be the prelude to get them outta chapter 7 as a deal was already made if they will leave kuwait alone about there new port an concentrate on there own port fao, they will help them come out of chapter 7, and they were crying they didnt have the money what with kuwait wanting to be paid for saddams invasion but as we see here they found the money for it lol***********then we have this********
UN pays out another $1 billion from Iraqi oil fund
(AP) GENEVA — A U.N. panel has approved another $1 billion in compensation payments for victims of Iraq's 1990 invasion of Kuwait.
The U.N. Compensation Commission says the money will go to four companies and four government or international bodies. It did not disclose the identities of the claimants Thursday but said all are in Kuwait.
The panel made up of the 15 U.N. Security Council member countries has so far paid out almost $34.3 billion. A further $18 billion is earmarked to go to unidentified claimants in Kuwait.
Until the U.S.-led 2003 invasion that toppled Iraqi dictator Saddam Hussein, the commission received 25 percent of the proceeds of Iraq's oil sales. Since the 2003 invasion of Iraq, that cut has been reduced to 5 percent.
******** see its all commin together isnt it? awsome news day lol....******next 1******i think maliki is pretty much gonna keep the defence and interior ministries, it looks like it more every day, allawi is out imo once 1 part of his demands couldnt be achieved, such as the supreme council post, it could only be an advisory roll, and thats not what he wanted or agreed too in the beginning of all this he wanted power over maliki but no 1 is willing to cut there powers or rewrite the constitution to make allawi happy, all i can say is he should have done his home work, he should have known all this, but he was to busy seeing "power over maliki".........*****
Deputy National: Maliki gave all powers lldelimi and Asadi to manage security ministries
Date: Thursday, 27-10-2011 09: 11 am
Baghdad (newsletter).Member ' block and the National Alliance Deputy//Aziz announcing that Prime Minister Nouri al-Maliki gave all powers to Culture Minister Saadoun al-dulaimi to Agency of the Ministry of defence and Adnan Al-Assadi of the Ministry of the Interior, at the same time: that Maliki waived Security Ministers.
The House voted by a majority vote of confidence in the Government of Prime Minister Nouri al-Maliki without security ministries on 21 December last year.
He said in a statement announcing (News News Agency) Thursday: any candidate from the list of Iraq rejects Prime Minister Nouri al-Maliki and any candidate by Al-Maliki of Iraq therefore rejected the list will remain without Ministers security ministries.
He said that Al-Maliki waived Ministers instructed security to Culture Minister Saadoun al-dulaimi to Agency of the Ministry of defence and Adnan Al-Assadi of the Ministry of the Interior and given all powers, noting: that any Iraqi sirvdah Al-Maliki will filter any candidate by Al-Maliki rejects Iraq.
He was Deputy Chief of the Iraqi coalition/Arshad, said Zebari denied al-Maliki, the Iraqi list candidates for the Ministry of defence is the denied political rather than professional, noting: that did not nominate characters marked with question marks or accused and justice
Zebari said in an earlier statement (News): Prime Minister resolve this file as soon as we are in urgent need of Security Ministers, especially after the departure of US troops and handed over to security forces, the security file.
He added: the Iraqi list did not nominate new candidates because they nominated numerous candidates and there are some candidates there is no negative index to rejection, noting: Maliki's refusal of the Iraqi political candidates is rejected and not rejected./finished/2 l. Eng. ..
******so it does look like maliki combined these ministries an gave them to dulaimi he knows he will do what he wants, and from all the articles ive read he doesnt trust any one in allawis list, even tho he says sometimes thats a good person but hes not equped to handle a post of this magnitude, that all the ones allawi gave didnt have expieriance nor could play well with maliki lol or he couldnt trust them with the countries security....but it does look like alls well with the kurds and bagdad maliki said it was much easier to work out the kurds demands than it ever was allawis...........*****next 1******
Demands with: it became difficult to pass, the strategic policy Council Act
Date: Thursday, 27-10-2011 09: 08 am
Baghdad (newsletter).Member State law and the National Alliance Deputy//Saad demands with, no intention to political blocs to read the Act of the National Council of high politics a second reading in Parliament to pass difficult
Prime Minister Iyad Allawi list, said abandoning the Council Presidency, saying: I refuse to be announced in the policy Council Presidency or a member, although this is Electoral Council benefits and adoption was based on political consensus.
He demands with reporters (News News Agency) Thursday: political situation affecting the country was not conducive to the establishment of the Council interfere with the powers of the three powers of the authorities.
He demands with: difficult to read the law of the National Council for second reading, upstream policy also became difficult to pass, in the absence of faith for political blocs to read and approve it.
He was a member of the legal Committee and the National Alliance Deputy//Amir alkanany, ruled out that reading the Act of the National Council of senior policy as a second reading in Parliament.
Alkanany said in a statement earlier (News): there are requests for withdrawal of the law of the National Council for policies of Parliament not to approve access, especially after waiver of existing Iraqi Prime Minister Iyad Allawi on the Council Presidency, adding: that this Council did not read second reading in Parliament and will remain within the first reading./finished/2 l. Eng. ..
**********Osman: Governments of Baghdad and Erbil Stankman to the Constitution to resolve outstanding issues and Maliki is committed to Article 140**********
10/27/2011 | (Voice of Iraq) - Add comments - Sumerian News / Baghdad confirmed leader of the Kurdistan Alliance, Mahmoud Othman, a Thursday, that the Government of the Kurdistan resort to the constitution to resolve the outstanding problems with the central government, while pointing out that Prime Minister Nuri al-Maliki committed to the application of Article 140, pointed out that the Kurdish delegation will discuss with all the political blocs, the application of agreements Arbil. Mahmoud Othman, said in an interview for "Alsumaria News", "the governments in Baghdad and Erbil Stankman to the constitution and establish a mechanism to resolve the fundamental issues outstanding between the Territory and the center, and in particular Article 140 and the Peshmerga and the oil and gas, "noting that" the two parties met with ministers of oil, transportation and defense for this purpose was to discuss how a partnership mainly in power. " Osman added that "al-Maliki since his government earlier committed to the application of Article 140 of the Constitution and there was a specific timeframe timely. Now there is a time limit is a two-year I do not know that they had agreed to this time or not, "but he also said that" the lack of agreement and the application creates a kind of negative. " Othman continued that "the Kurdish delegation will discuss the agreements Arbil with all the political blocs and not with al-Maliki alone , "noting that" the Kurds are working on two axes, the first is the bilateral relations with the federal government, and the other is a partnership issues and the associated application of the agreements, Erbil and elsewhere. " headed by the President of the Kurdistan Regional Government, Barham Salih, the delegation of the region to Baghdad for talks with officials in the the federal government on outstanding differences between the two parties, especially those related to the implementation of Article 140 of the Constitution on the disputed areas, and implementation of agreements Erbil, and agreements that govern the political process, in addition to oil and gas law and the development of the Regional Guard forces (Peshmerga), and other issues. and Article 140 of the Iraqi Constitution, to normalize the situation in the province of Kirkuk and disputed areas in other provinces such as Nineveh and Diyala, also left for the people of those areas, freedom of self-determination of both survival and independent administrative unit or attached to the Kurdistan Region of Iraq through a referendum, but the obstacles: the delay implementation of some basic items in the above-mentioned article of the reasons politicians say the Kurds are politically motivated, while Baghdad says the delay is intentional, knowing that he had of the Ministerial Committee responsible for the enforcement article, carried out some of its clauses, such as compensation for those affected, while not carried out the most important paragraphs of a referendum on the fate of any of the disputed areas. supports the Kurds strongly the implementation of Article 140 of the Constitution, while showing some Arabs and Turkmen in Kirkuk and other areas, in protest at the implementation of the fear of the possibility of incorporating conservative oil-rich Kurdistan region of Iraq, after being accused of the Kurdish parties to bring hundreds of thousands of Kurdish population of the city To change the identity of the demographic, which was the former regime had other already brought hundreds of thousands of Arabs to in the seventies and eighties of the last century, under a policy of Arabization applied in these areas at the time. The country is undergoing a political crisis highlighted the differences between a coalition of state law and the Iraqi List, against the backdrop of many of topics, including selection of candidates for security in government, as well as on the formation of strategic policies, which agreed to the blocks on the foundation at a meeting of Erbil, not be approved on its law so far, as well as statements from the Prime Minister and members of the mass of skeptical of the importance of the role and unconstitutional, until it came to the point that al-Maliki said that "no place" of the Council in Iraq, are also differences on resolving outstanding issues between the KRG and the federal government.
************* Kurdistan Regional Government announced the formation of three joint committees with Baghdad to resolve outstanding issues*************
10/27/2011 | (Voice of Iraq) - Add comments - Sumerian News / Arbil announced the presidency of the Kurdistan region, on Thursday, an agreement concluded by the delegation with Prime Minister Nuri al-Maliki on the formation of three joint committees to resolve the issues of the Peshmerga and the oil and gas law and Article 140 of the Constitution, As pointed out that the two sides decided to exchange financial dues to the Kurdistan region since 2007 until the year 2011 by the Ministry of Finance in Baghdad. The head of the Presidium of the region, Fouad Hussein, in a press statement, "Meeting of the delegation of the Kurdistan Regional Government led by Prime Minister Barham Salih, Prime Minister Nuri al-Maliki has resulted in the formation of three joint committees of Baghdad and Erbil to resolve the issues of the Peshmerga and the oil and gas law and Article 140 of the Constitution, "noting that" the committees will have to provide reports on those matters to the Federal Government and the Government of the Territory. " Hussein added that "Maliki said in a meeting with the benefit, that if the reach of the committee formed to agreement on those issues, the road will be impassable to solve them all, "noting that" the two sides decided to take effective measures to accelerate the implementation of Article 140 of the constitution. " He Hussein that "such actions are issued several decisions by the Federal Council of Ministers and coordination with the Council of Representatives to reverse the decisions of the Committee on the north and the decisions issued by the Revolutionary Command Council dissolved, and the restitution of property and land confiscated by the government institutions during the former regime. " and on the oil and gas law Hussein made it clear that "decides to continue the ministries of the Federal Oil and resources natural in the Kurdistan Regional Government in the negotiations, communications and the adoption of a draft law in 2007 as a basis for talks, and any change is in the law, the consent of both parties, "stressing that" were identified two months of a topic, also discussed the expenses of the companies operating in the oil industry in the province of Kurdistan. " The Hussein that "al-Maliki, Saleh discussed the issue of the Peshmerga, was emphasized to the inclusion of those forces within the system, national defense and to find solutions to constitutional and legal problems they face, particularly the re expenses, which is the responsibility of the federal government since 2007, in addition to the provision of salaries and supplies and the participation of these forces in training, rehabilitation and granted privileges appropriate and in accordance with the law. " Hussein said that "it was decided that the Ministry of Finance Central to take the necessary action to pay the dues money to the Kurdistan region since 2007 until 2011, Kalptrodolar and import of fuel for power plants in the territory of Kurdistan and the amounts of balancing the development of regions and import ports border and the issue of benefit staff of the Kurdistan region of a loan per cent salary and help the central bank. " referred to the President of the Kurdistan Regional Government, Barham Saleh, headed the delegation of the region to Baghdad for talks with officials in the federal government on outstanding differences between the two parties, especially those related to the implementation of Article 140 of the Constitution on the disputed areas, and the implementation of Erbil, and Majdal agreements that govern the political process, as well as oil and gas law and the development of the Regional Guard forces (Peshmerga), and other topics. The Committee on Parliamentary Integrity confirmed on 24 October 2011, the Kurds have taken more than four billion dollars over their share of the assessed budget, pointing out that the Kurds are taking their share on the basis of the budget speculative-dependent increase in oil prices. The Kurdistan Alliance announced on 8 October 2011, Prime Minister Nuri al-Maliki pledged to implement the agreements of Arbil to resolve all outstanding issues between the governments in Baghdad and the Kurdistan Region, as he emphasized that the Kurdish delegation who visited Baghdad on 25 October 2011, agreed with al-Maliki to form a committee of high technical level to follow up all the files and find appropriate solutions. Article 140 of the constitution, to normalize the situation in Kirkuk The disputed areas in other provinces, such as Nineveh and Diyala, as I left for the people of those areas of freedom of self-determination, both survival and independent administrative unit or attached to the Kurdistan Region of Iraq through a referendum, but the obstacles many have delayed implementation of some basic items in the above-mentioned article, for reasons the politicians say Kurds It is political, while Baghdad says the delay is intentional, knowing that he had of the Ministerial Committee responsible for the enforcement article, carried out some paragraphs, such as compensation for those affected, while not carried out the most important paragraphs a referendum on the fate of any of the disputed areas. supports the Kurds strongly the implementation of the Article 140 of the Constitution, while showing some Arabs and Turkmen in Kirkuk and other areas, in protest at the implementation of the fear of possible Dmamahafezh oil-rich Kurdistan region of Iraq, after being accused of the Kurdish parties to bring hundreds of thousands of Kurdish population of the city to change the identity of the demographic, which was the former regime had other already bring hundreds of thousands of Arabs to in the seventies and eighties of the last century, under a policy of Arabization applied in these areas at the time. The country is undergoing a political crisis highlighted differences between the State of Law coalition and the Iraqi List on the back of many topics, including selection of candidates for security in government, as well as on the formation of strategic policies, which agreed to the blocks on the foundation at a meeting of Erbil, not be approved on its law so far, as well as statements from the Prime Minister and members of the mass of skeptical of the importance of the role and unconstitutional, so it came to the point that Maliki said that "no place "of the Council in Iraq, are also differences on resolving outstanding issues between the KRG and the federal government.
*****so this imo does look like they have came to agreements and have now delegated people to begin the process of the erbril agreements...things are moving very fast now imo since allawi stepped away*************
Negotiating committees between Baghdad and Erbil complete its work and reports to owners
Baghdad, October 27 / October (Rn) - A source familiar with the discussions between the governments in Baghdad and the Kurdistan region on Thursday, for the three committees joint was its composition between Baghdad and Erbil, to develop solutions for the files pending has completed its tasks and submitted their reports to Prime Minister Nuri al-Maliki for consideration and issuance of his official position. The delegation arrived in the Kurdish negotiating team headed by the Prime Minister of the Kurdistan region to Baghdad on 24 this month, and meetings with Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi, and the delegation stressed the positive discussions held. strained relationship recently between Baghdad and Erbil after he refused Kurdistan draft law of oil and gas approved by the Iraqi government. say the province, said the draft law focuses powers, however, the federal government in the management of oil wealth at the expense of the region provinces, as it passed by the Council of Ministers, without due process of law. It provides a terms of agreements Erbil, provided that he to agree on the law of oil and gas, but the region accuse the National Alliance circumvent the conventions and pass the bill without taking the position of the Kurds. The roots of the crisis between Baghdad and Erbil to oil contracts was the region has entered into with international oil companies without the consent of the Federal Oil Ministry, which deemed contracts "void "The violation of the Constitution. The source, who asked not to be named, told the Kurdish news agency (Rn), "The three committees shared between Baghdad and Erbil, which was formed after the talks the President of the Kurdistan Regional Government, Barham Salih, Prime Minister Nuri al-Maliki in Baghdad has completed its tasks today." The "The three committees are the Committee on Article 140, the Committee on Financial Issues of the Peshmerga forces, and the Committee on the Law of oil and gas has raised its reports to Prime Minister Nuri al-Maliki for consideration and issuance of his official position from them." The source indicated that "is not detected by the joint committees for the content of reports , "saying only that" the reports delivered to al-Maliki for the purpose of study and respond as soon as possible of them. " He pointed out that "the Kurdish delegation headed by Prime Minister Barham Saleh is still present in Baghdad to agree a final conclusion on the outstanding issues." There are several pending issues between Baghdad Erbil and most notably the one of the disputed areas, the budget of the Regional Corps (Peshmerga), and the law of oil and gas. From: Raman Brosk. Open: Abdullah Sabri
Odai Awad's "Khandan" the possibility of approving oil and gas law this year
11:02:27 / 10/2011
Khandan - The Uday Awad, a member of the Commission on oil and gas in the Iraqi parliament in a special permit for the site "Khandan" The Commission on oil and gas are no longer reading of the draft oil and gas so far, saying they were awaiting the opening of the meetings usual for the House of Representatives to prepare an initial reading of the project.
This comes at a time confirms in which all political parties to approve oil and gas law before the end of the year 2011.
A member of the Commission on oil and gas from the Kurdistan Alliance in the context of his statement, that the committee has collected opinions and suggestions of members of parliament on the draft law of oil and gas, so it is likely to be approved law before the end of the this year. T: Yusuf
****** The Iraqi Oil Rush******
Posted on 27 October 2011.
The rush is on for exploration and production real estate in Iraq.
Companies with promising licences, or existing operations, are clearly very desirable to potential investors, and so have had little difficulty tapping the markets for more funds. In recent weeks alone we’ve seen:
◦WesternZagros Resources raise C$46 million from the Abu Dhabi National Energy Company PJSC (“TAQA“);
◦Gulf Keystone successfully raising $200 million to fund its exploration programme;
◦ShaMaran Petroleum announcing $50 million private placement.
Now, in the context of the controversial proposed merger between DNO and RAK, former BP boss Tony Hayward, who is now heading up the cash-rich Genel Energy, has publicly said that DNO was “something that Genel Energy could buy at some point”.
It’s rare to hear such a clear statement of interest. Meanwhile, shares in DNO are up 60% since early August.
Whether your business is in the oil sector or any of the other booming areas of Iraq’s economy, Upper Quartile and AAIB are here to help you. For more information please contact Gavin Jones or Adrian Shaw
****** and as our troops prepair to withdraw from iraq, they arent going that far away lol there in arms reach of any country who "thinks" they can come in and take over********
U.S. announces withdrawal from the province of Dhi Qar, and begin the transfer of troops to Kuwait
The independent Iraqi news agency - Dhi Qar - The U.S. forces in Dhi Qar, to withdraw its participation through the transfer of 700 soldiers and about 100 pieces of equipment to Kuwait,
And Maj. Harold Half that "as a result of the continued success of the Iraqi security forces in the southern provinces, we can go and leave Iraq with the confidence that the United States of America will continue to strengthen its partnership with the ongoing Iraq and emphasizes the sovereignty and stability of Iraq. "
He said he was "in line with our obligations under the security agreement, the U.S. troops will leave Iraq and go to the civil power by the end of this year, and the Cavalry Brigade Third Cavalry Division, First stationed base Altalal participated in the process of transporting people and equipment from Iraq to Kuwait in preparation for the return movement to the United States .
The Half that there is planning for the transfer of the Imam Ali base in coordination with the Iraqi government and Iraqi security forces owners to understand the final decision on what will happen to the base after our departure the end of this year. "
***********During the meeting the U.S. ambassador and the minister of electricity calls for new U.S. bank to finance projects and his ministry through the U.S. Embassy in Baghdad***********
Source: Citizen News
Called the new Minister of Electricity Karim Al Aftan U.S. banks financing the electricity sector projects through the U.S. Embassy in Baghdad. The Minister of Electricity Karim Aftan engineer, he made a covenant at the same rate of advancement of electric power system in the country, expressing optimism about the future of the electricity sector. This came during a meeting Aftan Ambassador James Jeffrey and his accompanying delegation, expressing his happiness on the cooperation of the U.S. side and support for the electricity sector through the American manufacturing companies like General Electric, which promise to his best interface for the United States of America, as well as praising the banks the U.S., calling on them finance sector projects electricity through the U.S. ambassador. For his part, U.S. Ambassador Jeffrey expressed his country's companies are ready to build specialized plants and processing. The minister Aftan need to move from the open circuit terminals in the steam into the closed loop with the help of U.S. companies are sober, the fact that this process will raise the productive capacity of these stations. The ambassador said the U.S. is ready U.S. companies to work on projects and the Ministry of Electricity to all forms of cooperation, whether direct payment or term, pointing out that the issue of payment term need to assign and support the Iraqi government, to provide adequate safeguards to reassure companies their dues within Iraq. In response to the intervention of the U.S. ambassador on a number of studies that are presented with by a number of U.S. companies to the Ministry of Electricity, the Minister stressed the importance of the implementation of studies in the field and utilize them to be useless grateful at the same time all of the feet so studies to the Ministry to develop its work
************ok all i realise this was extremly long but please look at the big picture here ....were not only seeing iraqs new future.........but were seeing ours as investors as well.........hope u all enjoyed just a few of my favorite articles today, there was so many it was hard to choose from them all......... thank you to all who take the time to read all of this and see what the rocks cookin lol................drops the mic and walks off.
For comment section, please scroll down. Thank you.
This website uses marketing and tracking technologies. Opting out of this will opt you out of all cookies, except for those needed to run the website. Note that some products may not work as well without tracking cookies.Opt Out of Cookies