Thread: Archive News - Iraqi Dinar Think Tank - 08/09/09 - 09/01/10

Tima: It is not easy, the Council reached political consensus on electoral law

A member of parliament for the Islamic Virtue Party Ammar Tohme told "Iraq is our house" "It is possible to lead the meetings of the National Security Council consensus on the election law but it is not as easy as imagined"

He explained that the assignment of Tohme election law came to the gap in viewpoints between the leaders of major political blocs, "after the debates in parliament reached an impasse," adding that the stalled adoption of the bill was originally due to the different visions of the leaders of political blocs around him and expressed by the members of Parliament belonging to them.

The Tima "With that the decisions of the Political Council is constitutionally obliged to return it, and ultimately to Parliament, but I think that will lead to meetings of the Council for a consensus on electoral law and thus the possibility of approval in parliament," adding that this comes under the principle of political consensus, which was adopted in resolving the Many of the things that were pending during the parliamentary session ended its mandate.

http://translate.googleusercontent.c...oUGnGT7Ab83n-w

'Oil Search': oil discovery in the well of a new Iraqi

Oil Search announced to extend the oil and gas included in the Australian stock market, they discovered oil in the new exploration well in the Kurdistan region of Iraq.

The company said that tests on the production of different depths in a well Hachal one, ranging from seven hundred and fifty and nine hundred and fifty barrels of oil per day, which has a specific density approximately thirty-five degrees on the scale of the American Petroleum Institute.

Oil Search announced in a statement that it would require more production, to determine the stability of flow rates and the size of the well, adding that preliminary tests indicate some complications with regard to geological district of the well.

http://translate.googleusercontent.c...-wG3DOlhCUQ2wQ

Oil Minister refuses to attend for questioning session in the Iraqi Council of Representatives

He decision of the Commission on oil and gas in the House of Representatives Jaber Khalifa Jaber said Oil Minister Hussain al-Shahristani refused to attend the questioning session in parliament.

The Khalifa said in a statement to the news of the news that the request Shahristani obtain the approval of the Prime Minister to come to the meeting is unconstitutional because it is the right of parliament to question senior officials, adding that the interrogation is to give an opportunity to minister to defend himself and his failure to appear is to deny the same right to defend himself.

http://translate.googleusercontent.c...Fg1_hlxJZYJZ8g

Abd al-Hadi al-Hassani hails US-Iraqi Economic Conference

A member of the Chamber of Deputies Abdel Hadi al-Hassani said the Iraqi-US Economic Conference was a demonstration Alaqatip media political, economic and investment.

Hasani said in a press statement that the best part of the conference is to reassure foreign investors that the legal reality of Iraq has improved to attract capital and investors in the country.

http://radionawa.com/Ar/NewsDetailN....0498&LinkID=99

Sami al-Araji: Iraq will mark the entry of many foreign investment companies

The head of the National Investment Sami Araji said Iraq in the coming period will witness the entry of many foreign investment companies.
He Araji after the conclusion of his visit to Washington that the new amendments to the Investment Law guaranteed that these companies all rights relating to its work.

http://radionawa.com/Ar/NewsDetailN....0497&LinkID=99

This week CNBC was broadcasting from the business opportunity and investment gathering in Iraq and here are some links to see the reports. Even Jim Cramer who many of you may recognize, makes mention of the Dinar. Check it out! http://www.cnbc.com/id/15840232?video=1301855841&play=1

Sharp decline in CBI dollar sales on Sunday

The Central Bank of Iraq (CBI) dollar sales plummeted to reach $54.167 million in its daily auction on Sunday compared to $135.525 million during the previous session.

“The demand hit $4 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $50.167 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 11 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=120923

Allawi confirms the illegality of the political council for national security to take a decision on the election law

Iyad Allawi, leader of the Iraqi National List said the political council for national security does not have the legitimacy to take decisions on the parliamentary elections, indicating that no one's interest over the role of parliament and the weakening of democracy in the country.

He said the list view that no one has the legitimacy to take crucial decisions on the next election but the House of Representatives as the only constitutional legislative authority in Iraq is either the Political Council for National Security Fmaho only an advisory council.

He stressed that it was not in the interest of anyone to pass the role of the Iraqi Council of Representatives because it is an encroachment on the constitutional legislative authorities and a weakening of the democratic process in Iraq

http://radionawa.com/ar/NewsDetailN....0617&LinkID=99

Impasse threatens Iraqi stability
Election law. Government will lose 'legitimacy' by delaying vote: PM

Prime Minister Nuri al-Maliki yesterday pushed for a resolution to a stalled election law, arguing that a delay to polls set for January would harm the legitimacy of Iraq's parliament and government.

An MP, meanwhile, predicted that a meeting of political leaders today will fail to reach agreement on the bill and the nationwide ballot will be postponed by one or two months.

"If it is postponed from the current date, the government will lose its legitimacy and parliament will lose its legitimacy," Maliki said in a statement released by his office.

"We will go back to square one and we will return to sectarianism ... Therefore, our voices must unite to hold the election on its present date."

The national security political committee, which is to meet at the presidential palace, is an advisory body comprising the presidential council, the prime minister, the two deputy premiers and heads of the main political parties.

It scheduled the meeting after the Iraqi parliament last Wednesday gave up on its attempts to agree on a new law to govern the general election, scheduled for Jan. 16.

If the committee reaches a deal today, parliament will meet again tomorrow to ratify the new law.

The deadlock threatens the poll as the law is supposed to be in place 90 days before voting. Constitutionally, the election must be held by Jan. 31.
"Sunday's meeting will not lead to a conclusion, chiefly because of the attitude of the Kurds," Nuredinn al-Khiyali, a Sunni MP for the Islamic Party, told AFP.

"It is a difficult subject and the elections could be delayed by one month or two," he said.

The parliamentary impasse has triggered U.S. concern that troops may have to stay on in numbers into next year, with an effect on redeployment options for Afghanistan.

As part of a Baghdad-Washington security agreement, U.S. combat troops must leave Iraq by the end of August and all U.S. forces must withdraw by the end of 2011.

At issue are proposed changes to the law that would require parties to publish full lists of their candidates rather than simply the name of their electoral list.

Grand Ayatollah Ali al-Sistani, spiritual leader of Iraq's Shiite majority, has opposed moves by some MPs to retain the existing legislation.

Another major stumbling block has been the fate of the oil-rich province of Kirkuk, which the Kurds have long demanded be incorporated in their autonomous region in the north despite the opposition of its Arab and Turkmen communities.

UN special envoy Ad Melkert warned Iraqi MPs the delay in setting the ground rules for the general election threatens to undermine "the credibility of the electoral process."

http://www.montrealgazette.com/news/...845/story.html

Ministry of Labor sets an ultimatum to 20 of next month to receive the smart card

The Ministry of Labor and Social Affairs of subsidies covered by the social protection network in Baghdad and the provinces to recognize the smart card, saying that the deadline for distribution of these cards is November 20 October.

A statement issued by the ministry and received NOAA Radio, a copy of the director general of the Department of Social Welfare Issam Abdel Latif as saying that all actions completed to issue the smart card in the branches of Bank of Iraq, calling on all subsidies covered by the social protection network for a review of bank branches by geographical area in Baghdad and the provinces.

Abdul Latif said that the deadline for the distribution of the smart card is November 20 October, indicating that all groups covered by the smart card and must bring required documents, and otherwise cut off their allowance.

The Director-General that the total Masdr of smart cards up to 18/10/2009, in Baghdad, Muthana 85,115 card 9110, Basra 19656 Babylon 43978 and 20089, Diwaniyah, Karbala, Najaf, 18984 and 34411 a smart card.

http://radionawa.com/Ar/NewsDetailN....587&LinkID=105