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

Urgent ... Al-Hashimi: amendments to the electoral law a single session of Parliament

Vice President Tariq al-Hashemi told a news conference today in Baghdad, attended by Reporter The amendments to the electoral law takes just one session of parliament, adding that he had been set aside the first article of the electoral law.

http://al-iraqnews.net/new/ajeel/42959.html

CBI’s dollar sales down to $133m on Wednesday

The Central Bank of Iraq’s (CBI) dollar sales dropped to $133.090 million in its daily auction on Wednesday, compared to $144.154 million during the previous session.

“The demand hit $2.105 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $130.985 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 15 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=122200

Iraq on its way to build strong economy: Talabani

Iraqi President Jalal Talabani said that now Iraq is working to limit terrorism and defeat all its factions and their supporters as well as cutting their funding sources.

He also reiterated that Iraq is continuing to bring about stability and security for the Iraqis; it also goes to improve its energy sectors and natural resources to move forward in rebuilding a strong economy.

This came in a speech addressed by President Talabani in Paris as he attended a dinner hosted by French Prime Minister Francois Fieon.

http://pukmedia.com/english/index.ph...14607&Itemid=1

Three options for dealing with the veto election law

Entered the House of Representatives again in a race with time after the veto Vice President Tariq al-Hashemi election law, at a time when the electoral commission suspended its activities pending a final position over the law

According to the source in the Presidency of the Council of Representatives for the "morning", the parliament had three options to deal with the veto: the waiting for a response the Federal Court on the request of the demonstration of Sheikh Khalid al-Attiyah, First Deputy Speaker of Parliament yesterday on the constitutionality of a decision or amendment of paragraphs Hashemi Almnicodp or resorting to the option to set aside a veto Maittalb some time and vote by absolute majority. Hashemi, who was officially announced yesterday set aside the election law amendment objection to the rate of 5 percent given to the compensatory seats, distributed between the share of minorities, and Iraqis of abroad.

The source in the presidency of the Parliament stressed that the Vice President also objected to the fourth paragraph in Article III for the grant of vacant seats to the lists that have received the winning number of seats in proportion to what I got from the vote, pointed out that President Jalal Talabani said in a statement carried by Al-Arabiya TV that the Presidency Council approved the electoral law for fear of a constitutional vacuum, adding that the approval has been made with the Council retaining the right to make observations on the provisions in the law and left to the Parliament, despite the difference of the official and political positions on the veto and its constitutionality.

But the legal department at the Office of the Presidency Republic issued a statement saying that the powers of the Presidency Council veto laws, resolutions and in accordance with the Constitution and Rules of Procedure of the House of Representatives, for his part, Prime Minister Nuri al-Maliki:

"The veto election law poses a serious threat to the political process and democracy, was not based on strong constitutional did not take into account the national interest higher," while the Sheikh al-Attiyah the "morning" should not delay the elections, pointing to the possibility to vote residing abroad through their return home, especially with the allocation of more than $ 30 million to elections abroad.

In turn, said Bahaa al-Chairman of the Committee of Legal House of Representatives that "the Committee will meet Thursday to discuss the veto-Hashimi and submit recommendations to the Presidency of the parliament in this regard," adding that "the three meetings will be crucial on the road to re-vote on the law in accordance with the absolute majority of those attending the parliament session."

While the vice president said the Kurdistan Alliance bloc Saadi Barzanji that "the Kurdistan Alliance will invest overturn the law by the Vice-President of the Republic through the provision of alternative proposals to resolve the problematic seats in the provinces of the region and to correct the imbalance that has occurred. Middle of this picture, said the Electoral Commission to stop its activities for the elections after the veto amending the election law. Qasim al-Aboudi, a member of the Board of Commissioners in a press statement: "We decided to stop the activities of the Office for the candidates and print menus and other post-veto law.

http://www.alsabaah.com/paper.php?so...page&sid=93784

Big Gulf firms to invest in Basra

Major Gulf companies will soon arrive in Basra to carry out investment projects in the province, Basra’s governor said on Wednesday.

“An agreement has recently been reached with a number of Gulf countries to invest in different sectors in Basra,” Shaltagh Abboud al-Mayyah told Aswat al-Iraq news agency.

The companies are expected to arrive early next month, the governor noted.

“Early this week, several meetings took place in the United Arab Emirates between Iraqi businessmen, Emirian investors and foreign companies.

On Thursday (Nov. 10), the governor of Basra led an Iraqi delegation to a Dubai-based conference on investment opportunities.

http://en.aswataliraq.info/?p=122228

Kurdistan Islamic Union, supported the veto to the election law Hashemi

The Secretary-General of the Federation Kurdistan Islamic Salah al-Din Bahaa El Din said he was looking deep appreciation to the position of Vice President Tariq al-Hashemi to overturn the election law passed by the House of Representatives Recent.

Bahaa al-Din in a letter written to Hashemi, "Step response is beautiful and bold on the acquisition partisan And class followed by some of the major entities. "We hope to deliver a Nqdkm this article in the law Understanding and response from the House of Representatives to address the gaps in the law to ensure a Fair and democratic elections in the country".

http://translate.googleusercontent.c...Vj7m-FrEVhbKmQ

Ministry of Oil: the government agreed to proceed with the licensing of oil

An official at the oil ministry said the country's prime minister told his ministry "to move forward in the second round of licenses," which will hopefully take place on 11 and 12 December next.

The Director of Legal Affairs and Trade in the Contracts and Licenses Sabah al-Saadi told (AKI) that "the second round of tenders will include ten projects at the giant oil fields discovered but not developed, and Hlvaip crazy as fields, West Qurna, as well as other fields notably in the fields Gharraf Nasiriyah, Zulkifli in the Middle Euphrates and the fields in the eastern Diyala. " And added "There are 45 companies from 30 Western and Eastern nationalities will take part in this round, which will be held probably in the ministry's headquarters in Baghdad."

He Saadi "in last August, we held a promotional conference in Istanbul, Turkey, to the second round of bidding and provided us with the oil companies interested in doing business last month, the advocates of information, including answers to a series of legal and technical inquiries made by these companies on new oil contracts," and added, "These contracts will be like its predecessors is a service contracts and not participate in any production in the sense that the work will be limited to companies to develop oil fields and raise the production ceiling for pay specific."

On the objections made by Iraqi lawmakers on these licenses, Saadi said that "the Iraqi prime minister has asked the ministry and was informed by the need to move forward in the licensing round to be held on schedule."

Offset by the efforts of the Ministry of Oil for licensing oil negative reaction in the Iraqi parliament, and was often warned deputies that these contracts will "break the Southern Oil Company and local companies support it, and would cause economic loss and weaken the capacity and competencies of Iraq."

http://translate.googleusercontent.c...3CltBPVmMr_tWQ

*House of Representatives put aside the election law for discussion & vote on Saturday*

Mr. Iyad Samarrai, President of the Chamber of Deputies at the regular open meeting chaired by the fifteenth held on Thursday the nineteenth of November 2009, the Council will discuss the veto submitted by the Vice-President of the Republic to the election law to re-vote on the bill on Saturday and indicated that the veto transmit to the Legal Committee and the parliamentary blocs and held a morning meeting with the parliamentary blocs to discuss it, calling the Legal Committee to report about it.

President of the Council also decided in the beginning of the meeting initiated by reading verses from the Holy Quran to postpone putting the withdrawal of confidence from the Minister of Electricity to the vote until after the Eid al-Adha, at the request of a number of MPs to submit to the Commission on the work and services in the Council a report on the subject, The prime Council that the responses of the Minister of Electricity on the questions addressed to him in the interrogation sessions of the Council and distributed to the MPs to get acquainted with it.

With regard to the budget bill, the federal public in 2010 between the President of the Council that there will be another round of discussion by the MPs that vote will be after Eid al-Adha. The council ended the second reading of the draft Law of Trademarks and trade data and the Iraqi draft law ratifying the Convention in the Iraqi-Syrian cooperation Alkmarki and the first reading of the draft housing bill Iraq.

Then the chairman of the Council meeting to remain open on Saturday 21/11/2009.

Of media
Iraqi Council of Representatives
19/11/2009

http://translate.googleusercontent.c...33JsDNvq9wlw4A

CBI’s dollar sales slightly down on Thursday

The Central Bank of Iraq’s (CBI) dollar sales dropped to $128.513 million in its daily auction on Thursday, compared to $133.09 million during the previous session.

“The demand was all 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 16 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=122241

265 national companies, 8 foreign firms registered in October

The Iraqi Ministry of Trade on Thursday said that 265 national companies and eight representative offices of foreign companies were registered in October 2009.

“Those registered included limited companies, individual project companies and private stock companies,” a ministry statement received by Aswat al-Iraq news agency quoted an informed source from the registration department as saying.

“The department has audited the accounts of 1,157 national companies from 2004-2008, as well as the accounts of a foreign company and of 11 branches of different companies, the statement noted.

http://en.aswataliraq.info/?p=122237