Thread: Archive News - Iraqi Dinar Think Tank - 28/03/10 - 21/06/10

Ibn Majid Co. seeks stronger cooperation with Oil Ministry, foreign firms

The Basra-based Ibn Majid Company (state-run) is ready to satisfy the demands of Iraqi Oil Ministry and foreign firms with respect to specialized equipments.

“Ibn Majid has the technology and staff to achieve this goal,” the company said in a release on Tuesday received by Aswat al-Iraq news agency.

It noted that Ibn Majid has long experience in producing, installing, and maintaining oil and gas equipments.

http://en.aswataliraq.info/?p=132189

Amerthamr: Kurdish officials told the press coalitions to speed up the formation of the government

According to a member of the Iraqi National Coalition Amerthamr Kurdish officials said that recent statements could be interpreted as a process of pressure on the new alliance of coalitions quickly form a government.

He insists the new alliance of coalition rule of law and the Iraqi national worth, form the next government on the grounds that the number of the largest bloc of parliamentary seats according to his interpretation of the relevant constitutional rule.

Thamer said in connection with the Agency for the independent press (Iba) These statements and this particular time would give a pretext for the Iraqi list that has the right to form the next government.

And calls for the Iraqi National List other political blocs to uphold sovereign right to constitutional form the next government as the biggest bloc, the number of seats in the last elections.

Thamer said he had known of the Kurds to exercise pressure to the roof of the very high demands are wondering where these statements when it announced the results of the elections?.

The President of the Republic and the Kurdistan region have called for the formation of the new government by the Iraqi list as the biggest bloc.

Thamer said that these statements are meant to either a means of pressure for political gain, or intention to ally with the Kurds of see him bring them what they want, stressing that such statements are not in place especially in light of statements reunion and quickly form a government.

Many of the Kurdish officials have confirmed that the new alliance for the coming period will depend on achieving the constants and the legal and constitutional rights of the Kurdish people.

http://www.ipairaq.com/index.php?nam...itics&id=25701

Ismail thanked: Iraq can not form a government without a quorum

According to a member Kurdistan Alliance Ismail thanked the Iraqi government can not alone form without access to the quorum so, adding that this applies to the other political blocs.

And requires that any block is charged with forming a new government Tsal a quorum half plus one of the number of seats in the House of Representatives next, amounting to 325 seats.

He thanked in contact with the agency and the independent press (Iba), said that political blocs should be aware of the important question that can not form a new government without a political consensus between them.

And calls upon the forces and political figures need to form a national government based on the participation of all Iraqi people.

With regard to statements made by some figures on Maaalnh President of the Republic and the Kurdistan region on the legitimacy of the Iraqi National List to form the government said that thanks to these statements Att be of propaganda.

The comments to members of the National Coalition and the state of the law had been considered remarks of Talabani and Barzani are illegal and a means of pressure on others to make additional gains for the Kurds.

He stressed that thanks to the Kurdish forces winning the election stand at the same distance from everyone according to the law and the Constitution and want to participate away from the broader national quotas in the new government.

And highlights the Kurdish alliance, which the new form of Kurdish forces in winning the last elections that the entering into new alliances with other forces depends on faith in the legitimate rights of the Kurds and in the Iraqi constitution.

http://www.ipairaq.com/index.php?nam...itics&id=25720

Jamal Watermelon: Iraq is ready to accept the challenge and will form the government within the legal period

According to a member Iraqi List, Gamal Abdel-Hadi melons that were ready the legal and constitutional entitlement to accept the challenge and will form the new government within the period stipulated in the Iraqi constitution.

Paragraph II of Article 73 of the Constitution by the Iraqi Prime Minister-designate, to name members of his ministry, during a maximum period of thirty days from the date of the assignment.

The melon in contact with the Independent Press Agency (Iba) All electoral systems and democracy in the world give a constitutional right to list the most number of electoral seats to form a government, stressing that the interpretation of the Federal Court on the biggest bloc came under pressure from some political forces to deny the Iraqi legal right.

Some of the political forces that have been identified as the biggest bloc, as clarified by the Federal Court is the author most parliamentary seats at the first meeting of the new parliament.

He added that the watermelons were ready for jurisdiction when international experts in order to gain a constitutional right to form the government pointing out that recent statements by the President of the Republic about the legitimacy of the Iraqi so came as a definite convictions based on the law and constitution.

He stressed that Iraq has allies from other political blocs have vowed to successfully its mission in forming the next government, indicating, if not unable to do so will be assigned another block to form a government.

Paragraph III of article 73 of the Constitutional mandate of the President, a new candidate for the Presidency of the Council of Ministers within fifteen days, if the prime minister assigned form the cabinet during the period specified in section II of this article.

http://www.ipairaq.com/index.php?nam...itics&id=25725

Arab League mission in Iraq: We are working on preparing the ground for the Arab summit in Baghdad

Prime Mission of the League of Arab States to Iraq, Naji Ahmed Shalgham that the Arab League is working to pave the way for the convening of the next Arab Summit in Baghdad.

The Shalgam in a statement Monday that he was going to hold meetings and consultations with the heads of blocs, coalitions and Iraqi factions to extrapolate the visions and overcome the problems that have prevented the swift formation of the government and try to go through and put the interests of Iraq above all else and devote themselves to the building and provide a decent life for the Iraqi people who are suffering from the cruelty of life and time to prepare for the next Arab Summit Conference and pave the way to be held in Iraq.

He expected that Icomalamin Arab League chief Amr Moussa to visit Iraq soon, adding that he is currently working on a detailed report on the image of the situation in Iraq, in light of the ongoing consultations to form a government.

He had carried out a series of intensive meetings during the last period with representatives of all forces and Iraqi entities and components depicted study ways to accelerate the formation of the new government and the last was meeting Grand Ayatollah Ali al-Sistani, the Interior Minister and president of a coalition unity of Iraq, Jawad al-Bolani.

He explained that he met a large delegation of Iraqi tribal leaders also met representative of the minority Shabak Qadu nostalgia, in addition to a large number of representatives of Iraqi political forces, calling all the forces and entities to put the interests of Iraq at the forefront and to speed up the formation of the new government.

The Shalgham that the Arab League has been the capital of Iraq and a distinguished role since the preparatory meeting under the auspices of the Ministerial Committee on Iraq, which formed on the eighth of September 2005 Jeddah and a conference on Iraqi national accord, which came from among the recommendations of the commitment to the unity of Iraq and attended a number of political forces from different components of the Iraqi people and exchanged views on Iraq in Msagthbl frank discussions and to ensure the primacy of common interest through visits to Iraq, Amr Moussa, in difficult times.

The Shalgham to the distinct role of the League of Arab States to monitor elections in all provinces of Iraq and the elections abroad and good attendance in the process of re-counting high-level delegation ending with the Head of the Mission of consultations with all components of the end of what he was doing to bring the views to speed up the pace to form a government partnership of All blocks and components, without exception or marginalization of any component.

He explained that all consultations and interviews conducted by the frankness and transparency, and that touch which greatly welcomed in Iraq and the role of the university's efforts to support this important role to support the Arab presence in Iraq and increase the level of Arab diplomatic representation in Baghdad.

http://www.ipairaq.com/index.php?nam...itics&id=25689

Allawi in Qatar to discuss Iraq situation

Head of Al Iraqiya List Iyad Allawi affirmed that Iraq is going through a critical stage noting that his visit to Qatar is aimed to put Arab leaders in the loop of the situation in Iraq.

Efforts to form the new government are ongoing, Allawi said expecting final results after 10 days. That’s when talks will turn into negotiations over the new government, he added.

Turkish Sabah Newspaper revealed meanwhile that Allawi has visited Turkey for the second time in less than a month as he visited Turkish Prime Minister Recep Tayyip Erdogan and Foreign Minister Ahmad Davudoglu.

Following his visit to Turkey, Allawi said he will meet Prime Minister Nuri Al Maliki and ask him to keep Iran out of interference in Iraq.
Iranian interference does not serve the application aimed to form the government, he added.

http://www.alsumaria.tv/en/Iraq-News...situation.html

UAE central bank head calls for common banking regulations

Countries in the Middle East, North Africa and South Asia (MENASA) area would benefit from common banking laws and regulations, the United Arab Emirates' central bank chief said on Monday.

"Implementation of similar banking laws, using similar banking regulations, and adopting similar processes in banking supervision in the MENASA area countries... will go a long way in providing banking sectors with a strong basis for building on successes," Sultan bin Naser al-Suwaidi said.

Suwaidi, who spoke on the final day of the MENASA economic conference in Dubai, said he believes "the present global financial crisis will impact globalisation of financial services, as many restrictions will be put in place in many countries."

These restrictions could include moves to insulate "national financial systems from direct competition," and restrictions on the flow of investments.
He also predicted stricter regulations on investment banks, and said "smaller-economy countries will steer their banking systems towards lowering the growth rate of loans and advances."

Cross-border investment, Suwaidi also said that "cross-border investment flows" should be encouraged.

"Many countries in our area need to set rules to enable the establishment of large projects for the purpose of creating jobs. That will also enhance peace and stability on the national level," he said.

Suwaidi added that "any help by the World Bank in improving and unifying investment laws, in addition to watching their implementation, will go a long way in achieving this important regional objective."

Sovereign wealth funds, of which the UAE has one of the largest in the world, should invest in "mega-projects" in the region, he said.

Such investment would help "the maintenance of order, peace and stability in the region, he said.

Sovereign wealth funds could "direct part of their investments to existing or newly-created companies in the region," which "will lead to creating a new regional development cycle."

He also said that "the global financial crisis proved that investments through industrialised advanced countries' investment banks are not totally risk-free."

Suwaidi also called for encouraging investment in infrastructure through capital markets.

This could be achieved by allowing transport-sector corporations "to raise money through capital markets in countries of the (MENASA) area, especial countries that are capital-surplus ones," he said.

"Providing a special window for infrastructure projects will benefit the flow of trade and investments across regions of the (MENASA) area, and will help to sustain growth of economies."

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

Iraqiya List keen on forming new government

Al Iraqiya spokesman Haidar Al Mulla affirmed that the assassination of its candidate Bashar Hamid Al Ukaidi makes the coalition more keen on its right to form the new government in order to save the country.

Al Iraqiya List urged the government and security forces to uncover perpetrators, Al Mulla said.

Targeting Al Iraqiya List candidate in Mosul is aimed against the whole list, Al Mulla told Alsumaria News.

http://www.alsumaria.tv/en/Iraq-News...overnment.html

CBI dollar sales up to $155m

The Central Bank of Iraq’s (CBI) dollar sales went up to reach $155.700 million in its daily auction on Tuesday, compared to $142.234 in the previous session.

“The demand hit $2.000 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $153.700 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=132204

Najaf Province Council to file law suite against Minister of Transportation and Civil Aviation Commission

Al Najaf Province Council decided on Monday to file a law suite against the Minister of Transportation and Civil Aviation Commission blaming both for the losses the city and its airport endured because of the airport closure. The Province Council called the Prime Minister to sack Transportation Minister. The council decided to form an investigation commission to probe the measure that was taken by Iraq Ministry of Transportation and civil aviation commission according to which Al Najaf civil airport was closed delaying giving licenses for international airways companies to make flights to the airport adding that this measure caused big financial losses.

http://www.alsumaria.tv/en/Economics...ommission.html