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

Iraq has filed case against Blackwater: PM

Iraq has filed a lawsuit against private security firm Blackwater in a US court and will file another in Iraq, Prime Minister Nuri al-Maliki said on Monday, amid fury over an American court dropping charges against five Blackwater guards.

"The US justice department has protested against this decision," Maliki said, referring to the ruling last week to dismiss criminal charges against the guards, who were accused of killing 14 Iraqi civilians in an unprovoked attack in September 2007.

"For our part, we have formed a committee and filed a case against Blackwater in the United States and will file one here in Iraq," he told reporters in the holy Shiite shrine city of Najaf in southern Iraq.
Maliki did not give any further details about the case.

Government spokesman Ali al-Dabbagh said on Friday without elaborating that Iraq had "started to take the necessary measures to bring Blackwater to justice."

The guards, who had been part of a convoy of armoured vehicles, had been charged with killing 14 unarmed Iraqi civilians and wounding 18 others during an unprovoked attack at a busy Baghdad roundabout using guns and grenades.

Iraq says 17 people were killed.

US Federal Judge Ricardo Urbina dismissed the charges against the five, saying prosecutors violated their rights by using incriminating statements they had made under immunity during a US State Department probe.

The case was among the most sensational that sought to hold Blackwater employees accountable for what was seen as a culture of lawlessness and lack of accountability in the company's Iraqi operations.

Blackwater pulled out of Iraq in May, after the US State Department refused to renew its contracts. The company changed its name to Xe Services last year.

http://www.zawya.com/Story.cfm/sidAN...t%20Blackwater

Went to open financial accounts in private banks for the business and provide facilities

The Ministry of Finance "community self-financing and insurance to open accounts in Iraqi banks in order to provide civil investment opportunity for the private sector and providing facilities to businessmen."

A source at the ministry told the independent press (Iba) today, "the directive came after a meeting with Prime Minister Baqer al-Zubaidi, the Iraqi National Business Council and the delegation accompanying him, and listened to a detailed explanation by the businessmen of the most prominent projects that can contribute to its implementation in the field of construction and the establishment of factories and the development of banks."

The source quoted as saying al-Zubaidi "The Iraqi government strongly supports the Iraqi private sector as an efficient sector, which contributes to the process of reconstruction and rehabilitation of infrastructure. Indicating the Iraqi private sector large and active role in the process of reconstruction and construction."

"The President of the Council submitted a proposal to establish an investment fund with a view to entrusting the private sector and concessional interest rates contribute to helping entrepreneurs to finance their projects in Iraq."

He called al-Zubaidi "to provide an extensive study of the fund and the formation of an ad hoc committee to study it from the professionals and the Ministry of Finance, banks and businessmen as well as the next phase will see the clear support for the work of the private sector through activation of the dry port of Ahalchip and support private sector banks."

Zubaidi and detection of "give all Ahli Bank capital (100) billion dinars, the opportunity to open up government funds to (4) million dollars for each adoption of which would constitute a quantum leap in the performance of private banks.

http://www.ipairaq.com/index.php?nam...onomy&id=19468

Investment authority: turnout expected for foreign companies in Iraq with the beginning of the new year

Expected Advisor National Investment Commission Abdullah al-Bandar, "popular on the Iraqi market by foreign companies with the beginning of the new year."

He said Bandar, in a press statement that the investment conferences held by the Commission last year resulted from the contest of companies to submit their offers of investment in various fields, and there are preparations for the completion of investment maps fully to proceed in completing the projects."

He said Bandar, "that the country is on the way to a free economy and investment rather than a centralized economy because of openness to the world that you see in Iraq is now a market and promising to compensate the losses suffered in the global financial crisis during the past two years."

http://www.radiodijla.com/cgi-bin/ne...?id=2010-01-03

ISX cancels 1st session in 2010 due to ‘technical failure’

The Iraqi Stock Exchange (ISX) on Monday canceled its first session of 2010 due to a technical failure, according to an official statement.

“The required maintenance have been taken by the technicians and the sessions will be resumed on Tuesday (Jan. 5),” said the statement received by Aswat al-Iraq news agency.

http://en.aswataliraq.info/?p=124677

CBI sells $242m in its 1st 2010 auction

The Central Bank of Iraq’s (CBI) dollar sales jumped to $242.275 million in its daily auction on Monday- the first this year, compared to $48.760 million during the previous session.

“The demand hit $30.670 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $211.605 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 16 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=124662

interviews with companies Adplchgil fourth m.obile phone network
Communications confirmed that the company will be mixed

The Ministry of Communications announced that several companies were interviewed on the m.obile phone to prepare for the fourth run the license. He said Undersecretary for Technical Affairs Amir Khader al-Bayati said in a statement singled out by the "morning".

After the initial approval of the Council of Ministers on the operation of the fourth license for m.obile telecommunications, the Ministry began to take serious steps to meet many companies that have a long tradition in this area and be able to find a balance in the Iraqi arena and can provide good service at affordable prices. He added that this measure comes from by the Ministry of Communications is seeking to undertake a project can provide better services to citizens, pointing out that the ministry is not willing to repeat the experiences of others in this area.

He said the ministry will create a project and compete with other companies in a fair, noting that nothing in the ministry intends to strike at those three companies operating in Iraq. Advisor, Ministry of Communications for the m.obile phone Dr. Hiam Yasiri said in an earlier interview conducted with her "morning," said a committee was formed chaired by the Minister of Communication Eng Farouk Abdel-Qader Abdul-Rahman, secretary general of the membership of the Council of Ministers on the Keywords and Chief Adviser and Director General of Information, Communications and the Head of Legal Department at the General Secretariat of the Council of Ministers shall submit a feasibility study and the establishment of a joint stock company is a hybrid of the Ministry of communications where the share of stocks and put The rest of the subscription to the public and independent company.

http://translate.googleusercontent.c...Rj8Of6w2O0-yog

WFP: MoU with Iraq will help reduce poverty

The United Nations World Food Programme (WFP) described a Memorandum of Understanding (MoU) signed with the Iraqi Ministry of Trade as a “critical element” of a poverty reduction strategy, a ministry statement said on Tuesday.

This came during a press conference held by Trade Minister Safa Al-Deen Alsafi and the WFP Iraq Country Director Edward Kallon after the signing of the memorandum, according to the statement received by Aswat al-Iraq news agency.

“This is a joint partnership, part of the process, led by the MoT, to improve and strengthen the Public Distribution System (PDS),” Kallon said.

“WFP, with more than 40 years of experience in international food assistance, can play a key role in helping improve the management of the PDS supply chain,” he indicated.

This partnership is a critical element of the Iraqi National Development Plan and Poverty Reduction Strategy, and the UN Development Assistance Framework (UNDAF) to strengthen social safety nets for vulnerable groups. It is also in line with the WFP’s five-year country strategy for Iraq (2010-2014), according to Kallon.

http://en.aswataliraq.info/?p=124712

Finance minister, German envoy take on economic ties

The Iraqi minister of finance has met with the German ambassador in Iraq and a senior diplomatic advisor to discuss economic and financial relations between the two countries, a ministry statement said on Tuesday.

“Finance Minister Baqir al-Zubaidi discussed means of boosting economic and financial relations between Iraq and Germany with the German ambassador in Iraq and the political advisor in the German embassy,” according to a statement published on the ministry’s web site.

Zubaidi called on German companies to contribute to infrastructure construction, the statement indicated.

http://en.aswataliraq.info/?p=124698

CBI sells $196m on Tuesday

The Central Bank of Iraq’s (CBI) dollar sales fell to $196.572 million in its daily auction on Tuesday, compared to $242.275 million during the previous session.

“The demand hit $24.890 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $171.682 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 18 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=124702

Asians and Africans are looking to get rich in Iraq

Tens of thousands of poor people in Asia and Africa, traveling to Iraq through the offices of travel agents in search of old posts, and considerable material benefit paid to foreign workers in this country as it swayed and persuaded them to middlemen and brokers.

The magazine Der Spiegel, German investigation, in its latest issue, for those workers who dream of wealth in the new Iraq. P "Ganesh Kumar" citizen of Nepal, a simple case, at the age of 22 years, had never heard of before about Iraq and knows where is located on the map, but one travel agent told him that there is a war in this country, and there are many jobs available and there and are looking for workers, and wages are very high, quite the opportunity, and the functions required for urgent action in Iraq is in restaurants, cleaning, construction worker can to get $ 1200 per month or about 850 euros for 8 hours of work per day with two days leave in week.

This is the information that made it "Kumar" to Enzdd often in front of this fantastic salary for him, Fmhunth factor in Nepal did not allow him to charge more than $ 50 per month, hatched the idea in his head completely and decided to sell his house in the small town, "Lahan", located in western Nepal The small plot of land owned by all for Euro 3700, and became assured that the amount is adequate to pay for the travel office in the capital of Nepal "Kathmandu", which will organize a trip to travel to Iraq and find appropriate work for, and then also pay for a plane ticket.

Claimed, "Kumar" poor miserable man who knows nothing about the events in Iraq in weaving dreams for his future bright pink after working in this country, in the first half of the year will be able to afford the trip, in the second half will purchase a new home for his parents and will be able to get married after that.

Travel to Iraq

It's time to trip and Hessen Labor Office official who has dealt with him to the airport and then a plane to Iraq and left to its fate unknown ..

Arrived, "Kumar" to the Baghdad airport, formerly Saddam International Airport, a small bag in his hand .. and in front of the passport officer took one of his passport, and led to the area, about one kilometer to roughly one corner of the airport away, lined with hangars for Iraqi Airways when he arrived .. "Kumar" to this place, dropped in his hand immediately, there were dozens of men, apparently from Nepal are also in their appearance and sported signs of tiredness and fatigue, it is expected some of them in this place two months ago, and others for three months, sleeping on the ground and Ilthvon plastic bags, but do not have food or water, and waiting for any glimpse of hope gives them the opportunity to work in the land of dreams, at the moment is certain, "Kumar," The dream has become a mirage and he had been a scam from the travel agents in the Nepalese capital, Katmandu, especially since he did not find a delegate be received at the airport as promised, by did not find work ahead ...

Situation is driving poor people in Nepal have been displaced, more than 600 people a day traveling abroad, mostly to Malaysia, or go to Dubai, The poor, miserable seducer Viottaghon them to Iraq. In 2004 it was reported that 17 thousand Nepalese have moved to work in Iraq, in the same year also was abducted and killed 12 of them to pressure their government to prevent them from traveling to Iraq and to work with the occupiers.

Travel agencies are using these ordinary people and sending them to Baghdad, but did not know many of them to any destination are turning to it, they are up to Baghdad from Bangladesh, India, Sri Lanka, Uganda, the Philippines, Ethiopia and Indonesia. Tens of thousands of working in the U.S. bases in restaurants, cleaning and driving, they're very cheap labor compared to the Iraqis.

Kumar joined to 60 people of Nepalese in one of the hangars at the airport in Baghdad, and in three barns there was a large gathering of the world's poor, who deceived them for work in Iraq without them being aware of what is Iraq!

Kuwaiti company to cooperate with a U.S. company in the provision of other services to U.S. forces, 450 people used them, but quickly came under harsh conditions at work and accused the company of fraud and it's Atattiyhm salary agreed upon, and some of them could escape to Kuwait and from there returned to their home country while he a company spokesman said they got their full rights.

Every day trying to "Kumar" in the hangar that looking for a place protected from wind and cold, which increase with the night hours, and every three to four days attending to them a group of American soldiers and throw them food and water bags, each bag of beans, beans, eggs, rice, If the food make it any ordeal, but the voices of the landing and takeoff deaf ears in the night and day, they are living like prisoners at the airport do not have a passport and do not know anyone in this country, not even Tmakraudp plane to their home countries .. hey can not also Mbarahp the Green Zone for fear of murder or kidnapping.

"Kumar" did not know exactly what happened to him and how things changed in this way, because what he heard from the Office of Nepal's travel was something entirely different from what he sees now, it's all the time in the airport Aestma only words like .. Security .. Security .. To Aozaiv.

As such claimed "Kumar" with another group of Nepalese are thinking of what he did to their friend "were born Sherpa," who attended to them a week ago and when he saw what was happening, could not wait too long, decided to leave to return to Nepal.

Kumar will no longer any hope, he knows now that it's the will of God that wanted him, and decided to return to Nepal.

Kumar got a ticket to return from an international organization for migration and 6 other people a few days before returning to Kathmandu, returning again to their old lives as they were poor, and leaving Iraq is mired in problems.

http://translate.googleusercontent.c...KlbAieqkz7SaSg