Thread: Archive News - Iraqi Dinar Think Tank - 01/10/09 - 27/03/10

Iraqi lawmaker: America is a key player, which is undergoing a change in Iraq

MP Abdul Amir Al-Ghazali on the National Coalition Joe Biden's visit to Iraq to bring together the views on the issue of exclusion of some parliamentary blocs and non-participation in the upcoming elections.

The news agency (conscious) for al-Ghazali as saying that "Biden's visit to Iraq intended to rapprochement of views among Iraqi politicians about the issue of eradication of some blocs of electoral lists, noting that the Constitution and the Iraqi judiciary is crucial to the issue, adding that the United States of America are the main player It held that the process of change in Iraq, but in front of all these things there is no justice and the Constitution which defines and not Biden, noting that decisions of accountability and justice for the exclusion of certain entities of the elections is up to them because it is a legal act according to the law and the constitution of Iraq.

http://translate.googleusercontent.c...hXN_Ensy0HzUkw

MP Ali Keywords: Parliament is determined to pass the budget in the meeting tomorrow

MP for the Islamic Dawa Party, Ali Keywords House of Representatives will pass the federal budget on Tuesday after reaching a solution satisfactory to all.

Keywords and said in a statement to correspondent that meetings of the political blocs have resulted in reaching a political solution and agree on most points, which was the reason for the difference and therefore, the parliament tomorrow determined to vote for the budget.

The blocks of a major political bloc the National Coalition and the Kurdistan Alliance had announced their agreement to pass the federal budget after the stairway on the budget proposals were the main points of contention was the share of provinces and the share of the Kurdistan region.

http://translate.googleusercontent.c...BOLoyWOS6mqfWA

Expectations of the adoption of the general budget for year 2010 today or tomorrow

MP Adel Berwari expected to vote on the general budget for 2010 today or tomorrow.

The Berwari told the independent press (Iba) AA not vote on the budget Vsi postpone parliamentary sessions until further notice, even to reach consensus among the various parties on the budget, then can the Presidency to convene an extraordinary session.

The members of the Kurdistan Alliance had indicated that in the case Ahedm approving the budget, you will not attend the meetings of the House of Representatives next.

The Berwari so far not used the Kurdistan Alliance veto the budget presented, and expressed his hope that Altsol to be a compromise solution that satisfies all political parties.

The House of Representatives has failed in the presentation of the budget to a vote by the demand of a number of blocks to make amendments which, as political blocs expressed concerns about the exploitation of public funds in election campaigns asking the Electoral Code of Conduct legislation first.

For his part, MP Abdul-Hadi al-Hassani as in the case of approving the budget, this day can be considered as the parliamentary legislative term is out.

He said al-Hassani told the independent press (Iba) that it is no specific laws that you need to pass this situation remain exceptions that could be the convening of an emergency parliamentary hearings.

Hassani, revealed the existence of a proposal that the House of Representatives remains as legal until the completion of parliamentary elections and the selection of new members in order not to stay there a constitutional vacuum, legislative and oversight in Iraq.

He expressed the belief that the council will vote today on the budget, noting that most of the political blocs agreed yesterday, and removed most barriers Kquaonon voting behavior because the parliamentary committee formed for a mechanism difficult to implement.

He noted that all proposals would be submitted today to the vote and the proposal that gets the most votes is to be adopted, especially as there is a quorum at today's meeting

http://www.ipairaq.com/index.php?nam...onomy&id=20476

Shahristani: it was premature to discuss an increase in Iraqi oil production with OPEC
The Iraqi Oil Minister Hussain al-Shahristani said Iraq is expected to submit to the partners in the Organization of Petroleum Exporting Countries (OPEC) in 2011, his ideas on criteria for new shares when it begins to take shape plans for a major increase in production capacity to production levels, Saudi Arabia ...

And excluded Iraq from OPEC quotas since the nineties and that its efforts since the U.S. invasion in 2003 to revive its oil sector which had deteriorated due to years of war and sanctions have not borne much fruit.

Shahristani said it was too early to start discussing the Iraqi increase in production in the future as its current production of 2.5 million barrels per day is still below the levels of production a decade ago.

He added that Iraq will discuss with the principles of a new OPEC should abide by the organization in determining the ceiling for each Member State of OPEC.

He said that Iraq will in 2011, a set of principles to the OPEC. He expressed his belief that the organization will find that the principles are reasonable and acceptable. He said Iraq hopes to be approved by member states.

He noted that the maximum limits of production demanded by Iraq will include all the other members of the cartel, not only Iraq will depend on new principles to be submitted by Baghdad.

Iraq has begun to sign a series of contracts to develop oil fields with international oil companies could increase capacity to 12 million barrels per day over seven years, which will compete with Saudi Arabia's biggest oil exporter in the world.

Analysts say that it is likely that OPEC is trying to push Iraq to restrict the production, rather than pumping all the additional capacity to the market.

http://translate.googleusercontent.c...8n8duXuiZ-19Xg

Iraqi Chamber of Commerce elects new head

The Iraqi Chamber of Commerce on Monday elected Falah Merza Kamona as its new head.

“I was chosen through a round of secret voting,” Kamona told Aswat al-Iraq news agency.

He said that he got 10 votes out of 18 that attended the voting session.

http://en.aswataliraq.info/?p=125866

Urgent Parliamentary: ... Starting special meeting to vote on the federal budget

A parliamentary source said the reporter Was just before the start of the special meeting to vote on the Federal budget for 2010, adding that the quorum of the meeting is available which will facilitate the voting process.

The political blocs agreed before the start of the meeting to pass the above mentioned budget after a meeting between their Presidents and the Presidency of the Council of Representatives.

http://al-iraqnews.net/new/ajeel/52170.html

CBI sells $125m on Tuesday

The Central Bank of Iraq’s (CBI) dollar sales reached $125.416 million in its daily auction on Tuesday, compared to $180.943 million in the previous session.

“The demand hit $6.09 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $119.326 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 19 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=125891

Finance Minister, British ambassador discuss Iraqi – U.K. relations

Iraqi Finance Minister Baqir al-Zubaidi and the British ambassador to Iraq discussed Iraqi–U.K. political and economic ties, and methods to reinforce them.

“Minister al-Zubaidi called on British firms to participate in rebuilding Iraq,” said a release issued by the Ministry and received by Aswat al-Iraq news agency.

For his part, the British ambassador stressed his government’s support for the Iraqi people and government within all fields.

http://en.aswataliraq.info/?p=125903

Oil Ministry finalizes oilfield contracts with Angola’s Sonangol

The Iraqi Ministry of Oil has signed final contracts with an Angolan state oil company to develop the Qayara and Najma oilfields.

“On Tuesday, the ministry signed two contracts with the Angolan Sonangol to develop the Qayara and Najma oilfields in Ninewa as part of the second oil licensing round,” a spokesperson for the Oil Ministry, Aasem Jihad, told Aswat al-Iraq news agency.

Under the contract, the company will receive $5-per-barrel-payment for additional oil extracted from Qayara above current production levels and $6-per-barrel-payment for Najma.

Sonangol had initially proposed a remuneration fee of $8.50 a barrel for Najma and $12.50 for Qayara, but later agreed to the ministry’s lower offer.

Iraq hopes the contracts signed during the first two oil licensing rounds will help bring the country’s oil production to 12 million (barrels per day) bpd in six years, compared to the current production level of about 2.5 million bpd.

http://en.aswataliraq.info/?p=125899

MP Bassem Sharif, call into question the possibility of Tmreralmoisnp in today's meeting despite the presence of a quorum

Member of Parliament questioned on the mass of virtue on behalf of the Sheriff that the Parliament can pass a federal budget in today's meeting despite the presence of a quorum of the meeting.

Sharif said in a statement singled out by the reporter That "the heads of political blocs Had entered In consultations with the Presidency of the parliament To resolve some controversial points, including the share of the Kurdistan region of Budgeting And reduce the benefits of the presidency, noting that he has been the inclusion of all the demands of the Coalition Bloc on the budget, but the vote it would be a borderline To be passed."

http://al-iraqnews.net/new/siaysiah/52137.html