Thread: Iraq/Dinar News up until April 10th 11pm ctz

First : Political Council for National Security decided to form a committee to formulate security agreements
The members of the political council of the national security political and security situation and Iraq's external relations, especially with the neighboring countries. A statement issued by the Presidency of the Republic, received (each race) copy, "the members of the political council of national security yesterday, security and political conditions and Iraq's external relations, especially with the neighboring countries. He said the government's official spokesman Dr. Skinner, in a press conference following the meeting, which was held at the residence of President Talabani in Baghdad that "the political council for national security discuss the idea of convening a conference of the International conjunction with the Regional Conference expanded to the neighboring countries of Iraq and benefit from the support of regional and international supporter of Iraq, especially after the Arab summit conference in Riyadh. " Skinner praised the efforts made by the President of the Republic during the convening of the Arab summit in Riyadh, and the role of His Excellency in the issuance of a final supportive of the Iraqi government and the political process in the country and the draft national reconciliation. Skinner also pointed out that the members of the Council discussed relations and security cooperation with the multinational forces in Iraq, and decided during the meeting, the formation of a committee headed by Vice-President Adel Abdel Mahdi and the membership of the Ministers of Foreign Affairs and Interior, and Defense, the National Security Adviser, and attributes of the Prime Minister, to formulate the clauses of the agreement security define the powers and the relationship between Iraq and the multinational forces. And the spokesman pointed out that the forthcoming visit of Prime Minister Nuri al-Maliki to Japan and South Korea, were among the topics that had been discussed during the meeting. As also announced that the Council will hold another meeting within the next two days to continue to discuss security and political developments in the country. All Iraq - Iyad Aboudi

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Economic : economic organizations seek ways of activating investment in Babylon
The Center for the development of the Iraqi economy in the province of Babylon symposium to explain and discuss the investment law, the presence of a number of official with jurisdiction in the economy. Head Qusai Al member of the Babylon province importance of attracting and encouraging investments in the province, said Maintaining prepared more than 400 investment project, Salah stressed the President of the Bahia development of the Iraqi economy in that part of the Babil governorate of Babil possess suitable ground for investment and they enjoy a security well placed to revitalize and activate investment law. He said : The Iraqi capital needed to move the process and to educate investors, who will play an important role in the reconstruction of Iraq at the same time demanding that the government implement the law by providing the appropriate atmosphere and organizing delegations to travel abroad to benefit from the global experiences similar to Iraq and put forward the secretary general of the Iraqi economy Abdel Hamid Baker jewelry idea of a project to establish a Tower of Babel trade in the province, which is the second after the trade center, which opened a few days ago in the governorate of Arbil, based idea to explain the details through media presentations, or that the tower trade center will provide more than 10 services in one place and provide services as needed to maintain confirming that he represents the face cultural and highlights the cultural and historical aspects in the design and will be implemented by the largest global companies to become the center of trade and attract investment in the Furat. The tower consists of (10) floors include markets, restaurants and administrative offices and larger rooms and meeting rooms and training rooms also includes a museum of Folklore and another of Antiquities and the theater, exhibitions, cinema and parking, and recreational centers of the Iraqi family and playgrounds and green spaces adjacent to the medical center. He reported that the requirements for the implementation of this large-scale project needs to allocate a plot of land area of not less than (25) to be without outside the city of Hillah, according to the environmental determinants required and the formation of a committee to maintain and businessmen on the implementation mechanism, emphasizing at the same time that the technical possibilities available to create companies executing the project according to the period time limit for the project. , Exited the symposium guidance foremost importance of involving the private sector in the implementation of real rates investment law that the real interest in economic development and a free economy and initiate awareness campaigns and wide to clarify the importance of the private sector and economic development and to invite all the business organizations contributing, as well as investment opportunities that will create job opportunities. The conferees at the Symposium to form a committee to follow up the decisions of the symposium with the preservation

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Two billion dinars service projects in Nasiriyah
Source : Sabah
05 / 04 / 07
Opened governor of Dhi Qar Aziz Kadhim Alwan Building Directorate of Sports and Youth in Nasiriya and instructed processed ten computers in addition to a grant of three million dinars, and the other source in the Court of Appeal of Dhi Qar, the opening of a new court in hand-victory. And the tender for building another court in hand Dawn said Judge Mansoor Ahmed Nouri - President of the Court of Appeal of the Dhi Qar : the development was a new court victory in hand within the building was designed in terms Directorate and the designation of the judge and the judicial landlords who will manage and pointed-Mansour - that the Court will consider issues Badah and personal, the investigation of a misdemeanor Mukda appointment of five new judges in the Court of Appeal of Dhi Qar of lawyers those who spent more than ten years in the practice of the legal profession and placement in the courts of Nasiriyah, Chabaish, Shatrah, Qal'at Sukkar, the source-allocation of two billion dinars from the budget of the province to establish justice Dar new dawn in hand and wing supplement in the Court of Appeal of Dhi Qar, pointing out that the project is currently in the process of preparing Design and the Court has opened during the last few months the two new posts in each of the terms of reform and Dawn With currently studying the possibility of opening another court hand in the savanna, where it was to address the Directorate hand on the allocation of a plot of land for the establishment of the Court building.

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Expectations of a decline in the prices of commodities and materials in the Iraqi market
Source : Sabah
05 / 04 / 07
Dr. Magid fictitious expert at the Central Bank of Iraq decrease in the price level under the CBE raised the value of the Iraqi dinar against the dollar and requires a period of time estimated at the end of this year .. The picture drew attention to the insistence of traders on current prices quite normal when viewed trader on the exchange rate makes it adheres to the first current prices but the reality tempted to lower their prices after the supply of goods and the goods. He said : that the citizen can contribute in this equation through consumer awareness and waiting for an opportunity to decline and postpone part of the requirements and needs are not pressing. Baghdad markets are relatively stable prices for all goods and materials except transport rates despite the rise in the price of fuel recently. A number of owners of shops in Baghdad told (morning) that the security plan has contributed greatly to the ease and cruise the arrival of goods to the warehouses of the neighboring countries, despite the high amounts of transport, but traders pointed to the importance of the secretariat of Baghdad, and authorities on the organization of the movement in the markets Chairperson in Baghdad, and the pursuit overcoming the obstacles facing them and of the work of cleaning and lift some barriers to the conduct of buses transporting materials and goods, in addition to calling for the creation of alternative markets for those in the hot spots and provide security in other markets where terrorist operations continue. The Hashim Al Saeedy "trader in the market Alcheorgh" a good purchase these days because of the security plan "to impose the law", which facilitated many of the charts and people's access to the market as prices stay as they are, despite the rise, which happened in fuel prices. He added : expect growing turnout of citizens to purchase household electrical goods if the application of new salary Peace Action, which is hoped to raise rates whereby staff salaries. For his part, the Medal Zeidi "trader foodstuffs" in the market for a beautiful buying and selling movement growing since the beginning of Baghdad security plan, which has greatly facilitated the arrival of traders governorates of Iraq's various buying of the market, which is a beautiful center for the sale of bulk food. He said : Zeidi fixed prices, and 24 There can not for any increase, and the news which refers to a rise in prices due to high fuel prices nothing but rumors are not true, but that some of the articles witnessed a low for a reasonable because of the ease of shipment from the border to stores in the markets of Baghdad. He pointed to the existence Zeidi sale of a large movement of materials and foodstuffs entering from Iran, Jordan and Syria, and that the prices of all materials firm, stable and Masad it is also the stability of the dollar, and make sure the merchant of the absence of coups at the dollar as it was before .. It said Abdel-Hassan Thamir "economic researcher," that the prices of materials and goods for these deceptions rise, due to the stability of the salaries of civil servants rates, and exchange rates, in Baghdad, through the policy "good" to the Central Bank's efforts to reduce the impact of inflation .. Therefore, prices remained stable. He added Thamer : There are good indicators started enjoyed by the Iraqi market is not subject to variables emergency was also affected by the previously .. The process of price stability for the higher fuel prices only proof of this matter. This, as well as non-interference by government bodies, merchants and the work of selling and buying .. What increased the selling and buying side without pressure. He also stressed : I believe that the market will see a much larger movement future, the prices will remain without abrupt changes.

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Originally Posted by bob1940

Maybe they should RV before they spend it all. I agree totally. what are they waiting for??? this Rv could have a great effect on all Iraqis. I know it will have a great effect on Me. LOL STILL

Me too good info though!

Spe******ts call for the strengthening of the federal oil

Baghdad-agencies :
Experts specializing in the oil sector and academics at a symposium held in the city of Amarah in southern Iraq, that the bill on oil and gas which is currently being discussed by the parliament for approval now <needs to be reviewed and adjustments>, considering that she <substantial>. They pointed out that there is a need <ensure that the draft law is a controversial one, a reference to the compensation producing governorates of oil and gas, which led the Missan governorate on the environmental damage caused by oil and gas exploration and exploitation of agricultural land compensation in the oil production. The recommendations of the symposium and exited again, the lack of paving the way for the conclusion of contracts for the production and the commitment of risk and service contracts only on condition that any contract into force only after express consent of the Federal Council of oil and gas. The seminar also proposed adding human Supplement 3 to Supplement 2, making it the jurisdiction of the National Oil Company exclusively, and to ensure contracts with oil companies implementing projects oil investment and give priority to extraction and production fields of the border, especially common with the neighboring countries with a preference for contracts to ensure marketing. He legal expert at the Iraqi Oil Ministry Jabbar Alsaidi to <Enactment of the importance of Iraqi oil and re-establishing the National Oil Company and to amend articles 111 and 112 of the Constitution, to pave the way for certain parties to sign contracts without referring to Baghdad. He explained that the Council of Ministers <authorized> bodies and dubbed <regional> authority to negotiate The signing of contracts like the Ministry of Oil and the National Oil Company.
The Symposium <need ratification by the parliament on all contracts and the nomination of a supreme resolve disputes arising>, suggesting <resolved through the Federal Court.

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whats with "cia lis" being censored?? lol

Expert : distribution of investment based economic development

Baghdad / Nina
Expert stressed that the degree of economic development in the local economy depends on the distribution of investment among different sectors, which are thought to investors on the basis of profit and loss for all projects. He said Ahmed Khalil of the Institute for the Study of the economy one of civil society organizations : yesterday, Monday, that the State is obliged to consider the question of the distribution of investment as the foundation for developing and diversifying the economy and in particular commodity demand, which has been active in the field of Internal Trade to create a fulcrum strong Iraq needs now. He added : the allocation of resources between the types of investment according to the appropriate terms of economic efficiency requires a state of balance between the demands of the current situation due to the enormous inflation consumption demands urgent and long-term investment, which in turn requires Weighing the pros investments as productivity and the degree of lack of national industry and the emphasis on the economic importance involved social benefits. Calling : government to invest in the industries of crude oil and mining to ensure the exploitation of natural resources and the promotion of the Beijing-performing national industrialization in parts of Iraq, and securing the production of the necessary raw materials to coincide with the issuance of a draft oil and gas : Khalil stressed the necessity to encourage capital abroad to contribute to the participation of the advantage of expansive possesses enormous if possible strengthen its integration with investment opportunities, so as to achieve much of their investment and thus close contact with the government in strengthening the investment and development

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Iraq allows the private sector to invest in industries

06 / 04 / 2007

The Minister of Industry and Minerals Iraqi Fawzi Hariri, the government decided in its plan for economic development, the granting of investment capital in the domestic and foreign enterprises and industrial companies for periods ranging between 10 and 20 years.

Hariri added in a press conference that the resolution was the first step of this kind on the road to joint cooperation between the Ministry and the local and foreign investors for periods ranging from 10 to 20 years, in the framework of the government's plan for economic development.

This is the first time the Iraqi authorities put major companies to local and foreign investors since the fall of the regime of former Iraqi president Saddam Hussein in 2003.

Hariri stressed that the Ministry was preparing a phased plan until late 2007 to identify the volume of investment participation limited time for the Iraqis and foreigners, pointing out that the investor will develop the capacity of the companies concerned through training courses.

He explained that the companies put receive bids for 45 days and then will need the ministry to 30 days to study the submissions before a decision is the right investment.

On the other hand, bankers said foreign banks waiting to stabilize the security situation in Iraq before entering or expanding their presence in limited.

The Iraqi bankers and American officials in a banking conference on Iraq funded by the United States in Jordan, said that four years after the invasion, led by the United States did not develop the private banking sector, which comprises 25 banks with work permits.

Since 2003 bought some Arab and international banks such as Bank "HP. S. Bi. CNN "and the National Bank of Kuwait and Capital Bank of Jordan, Qatar National Bank, shares in local banks.

The bankers said that foreign investment is limited to seven banks did not show new investments since 2005

Stopping inflation solutions are required to deal with the rise

06 / 04 / 2007
Interpretation morning

The Iraqi economy is currently suffering from worsening inflationary pressures, which reflected negatively on Iraqi citizens by reducing the purchasing power due to the rise in prices, which means reducing the quantities of goods and services

Can obtained the same amount of income at different times sequentially. For example, if a citizen can obtain certain goods and services earnings in the past year, they will find themselves unable to purchase the same set of goods and services in the current year the same income as a result of high prices.

This will compel citizens to demand an increase of their salaries and wages, especially the salaries of state as long as the state employees can not increase their salaries for themselves, based on the law, unlike the private sector, which could face higher prices rise in the prices of goods and services. Overall, May will increase the salary increase in the prices? Some States have applied this procedure, But Can Iraq do so? Iraq is a country with oil and the price of crude oil has risen in the international market, which means an increase in the financial resources of the state and this can increase staff salaries, but can do so only on the basis of specific circumstances may not be available in the Iraqi economy to the least for the time being.

The conditions required for the application of this procedure are :
1. Increasing the number of workers in the private sector, to at least double, from working in the public sector. If we look at the Iraqi economy, we will see that the number of workers in the public sector has doubled in the past two years; first because of the weakness of the private sector in providing job opportunities and secondly because of the high salaries of state employees that will attract more citizens to submit requests for appointment or return to the job, and this will lead to inflation of the number of workers public sector and consequently low productivity.
2. Must reduce the annual inflation rate to no more than 10% and therefore the required increase in salaries must be limited and can be provided by the Ministry of Finance, but when the inflation rate was very high, the number of public sector employees and the number of retirees will increase also, as is the case in Iraq, it will be difficult the Ministry of Finance must bear the large amounts required to increase salaries to be equivalent to the rates of the high prices.
3. The State must have the ability to provide the increase in salaries through local resources such as income taxes and increase income public institutions through increased prices for goods and services provided to citizens or through reduced public spending and convert it into salaries so that they do not lead to increase salaries to increase the money supply and thus aggregate demand Hence prices higher again. In the Iraqi economy, we find that the salaries and retirement benefits make up a great deal of public expenditure and if we add the amounts of government support for fuel and the ration card, water, electricity and health, will be all that a large proportion of public expenditure.

On the other hand, we find that the local revenue remains weak; whether tax revenues because of the security situation and the weakness of private activity, which is the basis of the tax, or income of some public institutions that provide goods and services, which require support from the Ministry of Finance to pay its employees.

We find all this that the increase in staff salaries may lead to an improvement in the standard of living in the short term but will increase inflationary pressures in the medium term, as happened after the salary increases in 2003 and 2004

Al-Maliki defended restrictions on the media and journalists pay

06 / 04 / 2007
BAGHDAD (Reuters) - The Iraqi Prime Minister Nuri al-Maliki on Thursday, Iraqi journalists who have been killed while covering the conflict that began four years ago also defended the restrictions imposed by the government on some of the media.

76 journalists killed since the Iraqi invasion, which led the United States to Iraq in March 2003 and March says the Committee to Protect Journalists, based in New York that the 12 journalists kidnapped since 2004. According to the Iraqi Journalists Union that the number of journalists killed 214 Iraqis.

With highlights the continuing risk posed to journalists stopped satellite television channel belonging to the Iraqi Islamic Party, the largest Sunni party in Iraq for broadcasting from Baghdad for a short time Thursday after a truck bomb exploded near resulting in the death of one of them and wounding ten.

She said that the Iraqi radio station on Thursday also found the body of Iraqi journalist veteran Khamael Mohsen Freed in Iraqi broadcasting in the area west of Baghdad, two days after the disappearance.

Al-Maliki said in a statement read by one of his aides on his behalf at the ceremony to pay tribute to the memory of journalists killed Iraqis, "the national media eager to serve truth turned into a bridgehead against the terrorists who had launched a campaign waged against journalists loyal to their homeland and their people."

Al-Maliki defended the actions taken by the government against some of the media, which, he said, "It did not abide by the rules of professional conduct."
He said, "that your government is to protect the country and defend the interests of the people forced to take action against the very limited number of the media, which did not abide by the rules of professional conduct and adopted a biased inflammatory hate and hatred."

He added, "Such measures can not be seen as against freedom of the press. If any country in the world exposed to Iraq today, it suffers from terrorist operations, they undoubtedly harsh punitive action will be taken against the media. "

, Said Iraqi Minister of Culture Asaad Kamal Hashmi, who also attended the ceremony, which was set up by the Press Association has been set up of a committee to monitor foreign publications which come to Iraq.

The Iraqi government has closed down two years before Al-Jazeera satellite office in Baghdad and accused the channel to help "spread death and destruction" through their reports.

In January January ordered the closure of the Eastern Canal Iraqi unpopular and based in Dubai in November in November local broadcast channels for a short period.

Arab channel also forced to close its office in Baghdad for one month in September, in September 2006.

The government has also campaign targeting local media says it urges or sectarian violence. Most channels controlled by the Iraqi political parties or religious factions.

During the ceremony to pay tribute to the memory of journalists killed Iraqis who were killed while performing the Maliki 50 million dinars (38 thousand dollars) donation to their families while the International Monetary Fund has provided 25 thousand euros (33 thousand dollars).