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    Post by Admin on Fri Sep 20, 2013 3:50 pm

    This post contains articles from different sources
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    WEDNESDAY MORNING NEWS 9/18/13

    Post by Admin on Fri Sep 20, 2013 3:52 pm

    Turkish criticizes calls for the
    Central Bank Governor Abdul Basit Turki

    Range Press / Baghdad
    Criticized the central bank governor and agency Abdul Basit Turki, on Wednesday, calls for the formation of an independent body to monitor the work of the central bank, confirmed that invitations adopted by the parties "failed to pull the bank for tracking and accountability of offenders," while noting that the bank kept the Iraqi dinar from falling b "hidden hands want to manipulate it," pointed out that the bank monetary policy fee "to serve the Iraqi economy and not any party."

    Said Abdul Basit Turki said in an interview to (range Press) that "the invitations that launches from here and there about the need for the establishment of an independent body functions limited to the supervision and control and re-structural away from the Central Bank, came after the inability of some agencies to withdraw bank oversight Avenue, especially during the months the last ten in the follow-up and hold offenders accountable in the various institutions of the Central Bank and supervising them. "

    The Turkish that "those calls came, too, after that I found this authorities that the central bank neutral just not allowed to be there lapses or errors is possible to cause the destruction of the country's economy which is run by the central bank carefully such that the Iraqi economy is stable," noting that "some countries where there is such a body is far from the central bank because of experiencing good conditions and at different levels. "

    He Turkish that "in terms of methodology, the central bank is now two functions contrasting the two oversight function and function of monetary policy," but he also said, "but under the current circumstances experienced by Iraq can not there be an independent body accompanies the work of the central bank, which now trying to maintain the integrity of and the security of Iraqi private banks and how to put a monetary policy as possible to help the Iraqi economy to proceed forward without mistakes. "

    He said the central bank governor and the agency that "the central bank has achieved over the last months great successes and the value of Iraq can and every official that proud of that recorded for the date being worked on not fall dinar Aoaada subtle they want to manipulate him and make him a non-habit," pointing out that "the Bank Central chart monetary policy for many years and not for a short period as the development of such policy in the service of the Iraqi economy and is not to hand. "

    The banking experts have criticized, in (6 August 2013), the establishment of a supreme body to monitor the work of banks in the country, noting that the central bank is concerned party and the sponsors of the banks, as demanded Finance Committee parliamentary establishment of an independent body especially concerned with the affairs of Iraqi banks are in isolation from the Central Bank and to support the development of the banking sector in the country.

    The Cabinet decided to Iraq, in (16 October 2012), the prime BSA Abdul Basit Turki functions of the central bank governor and the agency rather than the Governor of the Bank Previous Shabibi on charges of issues of financial and administrative corruption in the bank, especially in operations Auction dollars, but something that did not occur to the work of the Bank and currency auction whereas the exchange rate of the Iraqi dinar a significant decline against the dollar jumped from 1170 dinars to the dollar in the fall of 2012 to 1270 dinars to the dollar in April 2013.

    It is noteworthy that the International Monetary Fund said in a report issued in (03.21.2013), following the end of the consultations held in Amman between a delegation from the Fund and an Iraqi delegation headed by VMware Planning Ali Shukri, and seen (long-Presse) it "an improvement in the financial sector," But he stressed that it is still "need to be greater efforts by the central bank in the revision of monetary policy tools and strengthen banking supervision, and to accelerate the restructuring of the banking system."

    http://www.almadapress.com/ar/news/18261/%D8%AA%D8%B1%D9%83%D9%8A_%D9%8A%D9%86%D8%AA%D9%82%D8%AF_%D8%A7%D9%84%D8%AF%D8%B9%D9%88%D8%A7%D8%AA_%D9%84%D8%AA%D8%B4%D9%83%D9%8A%D9%84_%D9%87%D9%8A%D8%A6%D8%A9_%D8%AA%D8%B1%D8%A7%D9%82%D8%A8_%D8%A7%D9%84%D8%A8%D9%86%D9%83_%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A_%D9%88%D9%8A%D8%A4%D9%83%D8%AF_%D8%B1%D8%B3%D9%85%D9%86%D8%A7_%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9_%D8%AA%D8%AE%D8%AF%D9%85_%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF_%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A




    Excellent WS.

    I have been proclaiming this since M put Turki as CBI Governor .......... Turki is with US NOT M!!!

    On last night's CC I reiterated that ........... So does this article!

    Ta Da and Amen.

    KTFA,


    Frank.......... I also wore a HAT.



    TAKE NOTE: EXCHANGE RATE VARIANCE % ...ACTUAL VS. MARKET

    Governor of the Central Bank of Iraq Previous: We set the foundations for a stable dinar and hard currency and the urgent need for an efficient government sector and high productivity ...
    Ali Salman - 09/16/2013 - 11:47 p |



    Sinan Mohammed Rida al-Shabibi Governor of the Central Bank of the former Iraqi
    The objective basis for the central bank is working to achieve stability in the domestic prices and foreign currency exchange rate, not the distribution of money to the merchants by their banks as imagined by many who gave the impression that the so-called auction is a business process and not monetary policy. That the stability of prices, state, simply requires that corresponds to supply all the demand in the area of ​​foreign currency that corresponds to the supply of foreign currency each demand Alihaovi light that achieved a certain exchange rate can be changed depending on the circumstances of inflation mainly. This means that he must satisfy the demand for foreign currency in full (after confirming that the central bank received the martyrdom of banks around the free operations of money laundering and that there was no wrongdoing banking prevent the bank concerned from entering the auction of foreign currency) and meet the demand in full will prevent the creation of other market exchange and thus ensure the stability of the exchange rate and lack of pluralism. This style any satiate demand and مايعنيه the flow of currency to Aantoa to smuggle or wastage of the coin as he Aandrj within negligence because he basically has been exchanged for dinar and he insatiable demand. The ability that we have to satisfy all the demand derived from the reserve great we have built in the Central Bank over the years. Without this reserve we had to reduce the dinar exchange rate and change constantly and thus loses the exchange rate stability.

    It may be asked some very large banks, the result of large deposits of Iraqi dinars. We assume that the lack of an interview this will create a demand shock in prices and will create another market, so the information about the details of this request must be submitted after the mission is to lead or currency auction market to the circle of money laundering, which must pursue this issue seriously.

    The large size of the reserve has given us the flexibility to use monetary policy to fight inflation, which had reached about 50% in 2004, we started to raise the dinar against the dollar in the year to encourage outflows Kalastairadat and others and thus less pressure on the domestic market at the same time we raised prices interest to move money into the financial market of the real market. So the reserve is that ensures Astaqrarsar the exchange therefore should not be disposed to these purposes.

    As we mentioned, the central bank is keen to take place to meet the demand for foreign currency in full and stabilize the exchange rate. If we do not do that and we sold less than the demand will rise the price of the dollar in the market and this is incompatible with our monetary policy, but some may satisfy that sell "or waste" would be less. But certainly we will take the correct action that achieves the goal of monetary policy and stability. As we have stated that the case for the central bank is to replace Iraqi currency foreign currency could be used in various purposes. As for the actual import, it is to Aiga within the responsibility of the central bank and I do not think that there is a central bank in the world handles the import of goods!

    The central bank meets the demand for the dollar for the purpose of price stability, which is working on the application of the first goal of the central bank. That the central bank's employees find themselves in front of a problem If keen to meet the demand for their disposal this might be interpreted as a type of waste and if يقابلوا not demand the price سيختل and are breaking the law, what is the solution? For the central bank, the solution is to follow the dictates of its law and the implementation of monetary policy.

    The auction process and mechanism begins to withdraw the Iraqi currency and ease pressure on the market and is being done through swap cash dinars dollar and as we mentioned earlier that the central bank by market or Commission auction does not follow the dollar when he leaves the bank, but the Department of money laundering independent administratively is that you must In this follow-up special and it has close ties with money laundering departments in other countries and neighboring countries. And the dollar when he leaves the bank does not finance commercial operations only, but is used to finance all payments under the so-called international balance of payments, which depicts all the international economic relations of Iraq with the world كالدفع for services and for investment in overseas operations.

    There is no doubt that many requests on foreign currency related to importation and the central bank sends a copy of the Request importers to the sector or to the Ministry of Commerce to continue to reach the final figure for imports, which codifies in the Iraqi customs department. Thus, as we mentioned, the work of the Central Bank monetary end up giving the dollar, but the result follows the development of imports from the relevant departments to their importance in the balance of payments prepared by the Central Bank.

    The central bank officials enjoy, in accordance with Article 23 of the Law on the Central Bank shall be immune from legal proceedings just like the central banks in the world and respected bank compensates the employee for any legal costs. This immunity derived from the importance of the work of central banks and gravity and dealing Balamd the, short and direct, and the fact that these banks are the lender in case of crisis to banks, or so-called Bmkarz last resort and that helps to save the economic situation.

    The bank now sells large quantities ranging from 200 to 300 per day, which exceeds McCann sell the bank in the period of the previous administration. Why it clear that as a result of deliberate neglect?. The effective solution to the issue of auction is the application of Statement No. 19 issued on 1/10/2012, which resulted in stability in the exchange rate as the price reached 1196 dinars to the dollar.

    The central bank allowed at the present time for banks that contribute with the Central Bank in determining the exchange rate and also increase the amounts allowed cash Kberuchtorh this situation comes from the difficulty of follow-up and thus uses, from the circles of money laundering.

    Not neglect the management of the Central Bank of the previous issue of money laundering All requests for transfer from the banks go copy them to the Department of money laundering directly and this circuit is that you must follow under the law of money laundering in force for 2004 (Article 12, paragraph 4), which states that (if you doubt Office "money laundering intelligence office" reasonable complained in a transaction that has been made or initiated involving money derived from illegal activities or money laundering or money intended to be used in the financing of crime or money have a criminal organization right Iisrv, or financing terrorists, or that the intended transaction in any other manner service illegal purpose, shall promptly notify the authority competent prosecution and investigation)

    The administration has asked the bank former director of anti-money laundering at the bank on 24 August 2012 report on suspected cases have been اجابنا manager in a timely manner (Khalid Cltag) the existence of three cases only, but these cases have been discovered in the era of the manager who preceded and has been referred to the Committee on fines Bank to study and impose fines on them, meaning it was action. This means that the Anti-Money Laundering Office, headed Mr. Cltag no point did not raise to the senior management of any case or issue where suspicion of money laundering or financing of terrorism during the two years he spent this manager in the management of the office.

    As for the report of the Office of Financial Supervision issued on 25.09.2012, it did not reach any conclusion about the waste of public money, but it is not reassuring to foreign currency auction mechanisms Although there had been other international auditing firms scrutinizes the work, such as bank accounts

    Ernst and Young and KPMG
    These companies have I mentioned some of the audit observations were discussed and resolved quietly with the relevant departments in the bank.

    The Court also indicated that imports were not only a small percentage of the amount granted. We must show that this is not about the central bank because monetary institution, not a commercial. Meaning it is within the principles of the central bank, the waste must be set within the policy and monetary operations of any in the process of transforming the Iraqi currency into foreign currency and in the process of determining the exchange rate and not within the business processes (the central bank deals Besarfah dinar to the dollar and not Besarfah dinar to goods and goods). The Secretariat functional require the current administration to explain these basic facts to the relevant bodies of justice is no staff to be held accountable because he was not there importers. Valastirad (which, not trade policy reviews) recorded by other entities and not the central bank.

    That monetary policy is a process of economic, not legal or business process so they bear a lot of interpretations and opinions about the impact of developments and trends in the economy, especially inflation and rising prices. We would like to point out here that the Financial Services Tribunal and approved within the Central Bank Law confirmed the lack of competence to issues of monetary policy and foreign exchange policies (see Section XII of the Law of the Central Bank, the Financial Services Tribunal Article 63, paragraph 4).

    To satisfy the demand for foreign currency in full is a prerequisite for the stability of the exchange rate and confirm our commitment to the law of the bank. May to Ancba both demand and therefore (Anadr) of public money, but probably take place محاسبتنا a lack of stability in the price and market.

    The work of the central bank should focus on preventing the parallel currency market or multiple markets. Multiple exchange rates is contrary to the central bank law because it conflicted with stability in domestic prices. The difference between the bank rate and the market rate should not exceed 2%, according to the Convention on the International Monetary Fund and signed by Iraq in 1945.

    This we can deduce the conclusion that when the central bank swap dinar بالدولاراو sell the dollar and freely as is the case in Iraq, the central bank takes the currency Iraqi covered fully reserves of foreign currency, according to the balance sheet of the bank, why Analysts said the dinar has value or less is inferior to the dollar. If dinar was covered with 100% foreign currency and enjoy the stability of long-term and there is a central bank watching closely all developments and maintains the stability and addresses variability, this dinar be كالعملة difficult meaning it when we sell the dollar we receive something matched in strength (where waste then?).

    We maintain monetary stability through the float of the dinar in the market mainly with monitoring for the purpose of his administration as needed so that it serves the Iraqi economy, so we follow the orbit and flotation system because of the large reserves around this flotation to stabilize the situation. We have to be in front of the waste if it does not receive when we sell Iraqi currency dollar. There is no doubt that we are going waste and low currency dinar if it relates to the dollar stable though there were not watching monetary policy developments, this will lead to the decline of the dinar and therefore are going to need more dinars to buy the same amount of the dollar, which will lead to the kind of loss or wastage. Therefore, the central bank is keen to keep the relationship free from fluctuations with the dollar whenever possible as he is keen to reduce the difference between the official price and the market price, which as mentioned should not exceed 2%. We have succeeded in maintaining the purchasing power of the dinar and stability in spite of the problems of political stability and inefficient implementation of the government investment budget. When confront this inefficient implementation of monetary policy must address it and restore economic stability which will undoubtedly impact on the composition and the severity of monetary policy and the efficient implementation of investment approaches.

    A private in the past days and siege wars there was no monetary stability due to uncontrolled release cash and therefore there were not a stable currency and dinar was always very low commodity for foreign currency. However, after the application of the new policy after 2003 has the situation differed radically and became our goal to maintain the stability of the currency and the continued penetration into the world through the dollar. This scored, and we insist on its lifetime and it was the style of the auction or sale and purchase of foreign currency cash of the most important policies in this area. We also did not waste public money because we sold and received $ dinars suit sober and stable and can be converted value to the dollar at any time and without difficulty. But, of course, we will continue to need to work on economic stability achieved through central bank policies (not just the auction of foreign currency) to spend a year characterized by its efficiency and productivity. No we will continue to need coordination between the government and the central bank.

    The dollar spending and used in the import, for example This is اتتعلق issue Central Bank or the auction committees where it should being pursued by the Department of Anti-Money Laundering and that is in spite of their subordination to the bank, it operationally independent and has its own law.
    25/5/13916

    http://www.burathanews.com/news_article_211017.html


    Iraq gets approval to open the first branch of the Rasheed Bank with Europe

    16/09/2013



    BAGHDAD / JD / .. Iraq announced for obtaining approval to open the first branch of the Rasheed Bank in Europe, while stressing that the approval came from the Central Bank of Romania. Said the Minister of Finance Agency Ali Shukri told / JD /: Got Iraq approval to open the first branch of Iraqis in Europe, stressing that this approval came by the Romanian National Bank to open a branch of the Rasheed Bank.

    It is noted that the Rasheed Bank was founded in 1988 and became a public company under the Companies Law No. (22) for the year 1997

    On 4/12/2001 became the capital of the bank two billion Iraqi dinars to support the national economy through the functions performed, such as commercial banking, investment of funds, the financing of various sectors in accordance with the development plans.

    The bank (165) branches and offices, including (52) branches and (21) offices in Baghdad and (84) branches and (6) offices outside Baghdad, and the public administration of the bank includes within its formations (13) section, and (56) Division. / End / / 23

    http://dananernews.com/News_Details.php?ID=3900


    The Presence Of Al-Maliki .. Kicks The Launch Of A Five-Year Development Plan

    On September 16, 2013 in the political

    Baghdad (news) .. Began this morning events launching ceremony Five Year Development Plan 2013-2017, which is organized by the Ministry of Planning in the presence of Prime Minister Nuri al-Maliki said the reporter Agency (news): The activities of the launch of Five Year Development Plan began in the presence of Prime Minister Nuri al-Maliki and a number of ministers, MPs and officials in local governments in the provinces.

    http://malware-site.www/2013/09/%D8%A8%D8%AD%D8%B6%D9%88%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D8%A8%D8%AF%D8%A1-%D9%81%D8%B9%D8%A7%D9%84%D9%8A%D8%A7%D8%AA-%D8%AD%D9%81%D9%84-%D8%A7%D8%B7%D9%84%D8%A7%D9%82-%D8%AE%D8%B7/


    812 trillion dinars revenues Five-Year Plan

    17/09/2013 12:00 AM

    Launched by the Ministry of Planning yesterday
    Baghdad, Ahmed Abed Rabbo
    fired the Ministry of Planning and Development Cooperation on Monday, the National Development Plan for the years (2013 2017), which is expected to reach total revenue in which to 812 trillion dinars, 768 trillion dinars, of which derived from oil. With focused investment in the plan on the industrial sector increased by 38 percent, came the development of economic activities of non-oil where the annual growth rate of 7.5 percent, while maintaining inflation rates. Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, said in his speech ceremony held by the ministry on the occasion of the launch of the plan and attended the (morning) : The low profile government headed towards the plans of Timers long to lay the foundations of development a real policy of the country, especially after the success of the oil licensing round in attracting major international oil companies to work in Iraq., adding that the plan focused on the field of Industry and Energy, which was his share of the distribution of investments 38.2 percent, The buildings and the services sector was the rate of 28.6 percent, agriculture 13.4 percent, and education 10.3 percent, and 9.5 for transport and communications. For his part, Undersecretary of the Ministry of Planning and Development Cooperation Mehdi Keywords that «previous plan achieved successes acceptable and concrete in the exchange rate of the Iraqi dinar in the field of education and in the health field», adding that «the new plan will be complementary to the previous one and will reduce the gap between rural and urban areas and there will be the role of local governments in the implementation of the plan, as well as give the role of the private

    http://www.alsabaah.iq/ArticleShow.aspx?ID=54456


    16/09/2013 19:06
    United States reaffirms its support for the five-year investment plan in Iraq



    Investment plan extending from 2013 until 2017 to invest nearly 357 billion dollars in development projects in all parts of Iraq

    BAGHDAD / obelisk: United States of America announced on Monday, support for the five-year plan to the Iraqi Ministry of Planning between 2013 and 2017, to invest nearly 357 billion dollars in development projects in all parts of Iraq.

    A statement from the U.S. embassy in Baghdad received "obelisk" a copy of it, that "the Ministry of Planning launched the Second National Plan for Development in Iraq for the period between (2013-2017), in a ceremony held at the Rashid Hotel in Baghdad under the auspices of the Minister of Planning Ali Shukri" .

    The statement added that "the ministry has played a pivotal role in the development of this new plan with the support of government institutions and other relevant Iraqi ministries."

    And identifies the National Development Plan in Iraq, the government's priorities in the field of development during the period from 2013 to 2017, and outlines the path that will help Iraq achieve a more diversified economic growth.

    The statement stressed that "the U.S. Embassy in Baghdad has, through the U.S. Agency for International Development (USAID), to provide support to the Ministry of Planning for the preparation of this plan through administrative reform project" thread "of the IAEA."

    The statement pointed out that "during his speech at the occasion, congratulated the Mission Director for the United States Agency for International Development Thomas Stahl Government of Iraq," noting that "the National Development Plan for the period from 2013 to 2017 reflects a clear vision of how to take advantage of the resources of Iraq's large budget and is beneficial to all Iraqis. "

    The plan calls for a new national investment of nearly 357 billion dollars in development projects in all parts of Iraq, with a particular focus on the five main sectors of the energy and construction sectors, services and agriculture, education, transport and communications.

    The project interdependence of the U.S. Agency for International Development (USAID) to support the Strategic Framework Agreement signed between Iraq and the United States, through its collaboration with the Government of Iraq to assist in raising the capacity of institutions dealing with public administration and improve service delivery to citizens

    http://www.almasalah.com/ar/news/17358/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%AA%D8%A4%D9%83%D8%AF-%D8%AF%D8%B9%D9%85%D9%87%D8%A7-%D9%84%D9%84%D8%AE%D8%B7%D8%A9-%D8%A7


    Experts: Adoption of the law of oil contributes to the increase of national income

    17/09/2013 12:00 AM

    Amid calls for legislation before the end of the current session of Parliament

    not to pass the law of oil and gas affects the economy of the country negatively contribute to attracting companies invested for the Advancement of oil situation

    BAGHDAD - Farah pumice
    with near the end of the current legislative session, called on parliamentarians and economists to approve the draft law of oil and gas, as an organizer and founder of the oil policy transparent and deal properly with companies investing in this area, it also opens up broad prospects for activating the service sectors that contribute to the reconstruction of the country's infrastructure.

    member of the Oil and Energy Committee in Parliament MP Furat al-Shara told (morning): "It is necessary that the proceed with this law in the rest of the age the current legislative session, "calling on lawmakers to move quickly in order to pass. increase production and saw Shara that this law contributes significantly increase production, which purports to Iraq to achieve, adding that he found the oil policy and clear transparent and framed the interaction between local and central governments, as established to deal properly between companies invested Iraqi and foreign giant among oil firms. , and between a member of the Committee that the law has economic feasibility big and the other moral, economic ones come indirectly by attracting oil companies invested and clear policy that make the oil firms competitive for the advancement of their betterment and the performance of its role, as well as moral which show the nature of the deal and deal and cut the road either ways of financial and administrative corruption. constitute oil revenues, 94 percent of the country's revenues, accounting for imports of crude oil exports in 2012 to 94.03 billion dollars, and represented an increase of up to 13 percent on the previous year.

    legal cover and added Shara said the law would be and establishes prescribed legal cover and clear متعاملا do in the area and have a weight internationalist and international, on the grounds that it regulates the relationship and draws transparency, as well as it establishes the nucleus out of the Many of the differences between the center and the Kurdistan region, in addition to increased rates of production and storage of crude oil and gases that need to cover a legitimate method of working out and marketed and exported. Committee member said that there is a hierarchy between the oil and gas law and other laws, including the law of the national oil company major, and the Investment Law and other laws of SOA, as it paves the legislation and the application of important laws concerning agriculture and industry, pointing out that the oil enters in the manufacture of petrochemicals on the one hand and fertilizer on the other hand. revealed Shara for a strategic plan and national belonging to the field of energy starting from the year 2013 until the year 2030, especially that at the end of the year 2017 will see a significant increase in national production, stressing the need to activate the factories and companies where they are operated by legislation and the application of the law of oil and gas.

    supported Committee member contribution of local governments in approving contracts and follow-up and supervision in trading oil with companies invested in this area, noting that the law of the provinces (21) gives the right of local governments in the field of oil. activation of the national industry , in turn, considered the economic expert Abdul Hassan Shammari said rebuilding Iraq starts from the enactment of the oil and gas and beyond will begin and apply the laws of economics and other service successively one after the other. He called Shammari in his speech for the (morning) to activate the national industry and activate the file gas to help build the Iraqi economy, especially as the oil and gas law of important laws for building the Iraqi state and building the Iraqi economy, as it is in the case of adoption of this law will become the central government strong and dominant properly , on the grounds that the most important detail in the Iraqi economy and its construction is oil. mainstay The expert added that the economy is the main pillar for building countries, in the case of orientation to produce 6 million barrels, in the year 2016, in addition to the oil licensing rounds, which is the first of its kind in the region, as it must check the central government ambitions economic development through this wealth and the vast amount of oil and rebuild Iraq build a new, urging those responsible to take the bold decision to approve oil and gas law as was the case in approving the budget year 2013.

    negative effects felt Shammari said failure to approve oil law and gas affects the economy of the country negatively, explaining that the construction of economic infrastructure for the reconstruction of Iraq in the sectors of agriculture, industry and building bridges and solve the housing crisis, all could be activated by oil wealth owned by the country and not export the product whole to other countries. indicated that Iraq declared in last June for starting the implementation of the strategic plan and an integrated national energy extends up to the year 2030 aims to make this country a diverse economy and achieve sustainable development by relying on oil, which is a supplier president of the country's budget, as Deputy Prime Minister for Energy Affairs Hussain al-Shahristani at a conference attended by "morning" that decision was taken two years ago to develop a strategic plan integrated and are ready for implementation, noting that the implementation of this plan will jump Iraq Agafrh big forward. plan includes strategy that extends from 2013 to 2030, all the major components of the sectors of energy, particularly oil and natural gas and electric power.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=54429


    Hilfi calls for activating the mechanisms of natural resources investment

    17/09/2013 12:00 AM

    In order to develop industrial production
    BAGHDAD - Hussein ثغب Tamimi
    Efforts to invest in natural resources owned by the country, and activate the wheel of industrial production in the country, which is a tributary true of the general budget, where efforts are continuing to adopt the mechanisms of action of sophisticated investment wealth phosphate natural, especially that Iraq has the second largest reserves of it in the world after the Kingdom of Morocco.

    president of the Center of the Iraqi economy Developmental Ali grace Hilfi said: that the country is full of riches nature of tremendouS can be invested, and activate the wheel of industrial production, which leads to the formation of an industrial unit integrated in the future, pointing out that the trend towards investing these resources are an important step on the road to economic growth sought by the country depending on the wealth of natural and human resources available in the country. accurate data and added Hilfi in an interview (morning) that work on the organization of an accurate database on the wealth possessed by the country, and then study the appropriate mechanisms to invest those wealth of its geographical location and availability of skilled human resources and is able to acquire the necessary expertise and specialization in the work of those sites.

    said Hilfi that the volume of resources available in the country needs to be an international effort that specializes in all metal or raw material has not been invested to today, noting that precedes the process the development of Iraqi competencies in specialized international companies to go global, including owned كفاءاتنا local jurisdiction. pointed to the importance of creating an attractive environment for international companies and encourage them to get into the country and to participate with local companies public and private investment of wealth vast natural, stressing that many of the products can be shopping Locally, here can be considered as an attractive investment.

    vast fortunes to the general director of the Geological Survey, affiliated to the Ministry of Industry and Minerals d. Khaldoun Bassam that the country has a tremendous wealth of mineral resources untapped in the forefront of phosphate, which comes as Iraq ranked second in terms of global reserves after the Maghreb as well as possession of large quantities of ceramic, sand and silica as Iraq has enormous amounts unspecified Stones Lime falling Industry cement and Alaptonayat which is used in drilling oil wells and these minerals are called scientifically ores to Avelzah. mineral exploration and added in an interview that the country has in addition to these non-metallic minerals to raw materials, pointing out that oil exploration had a major role in reducing the importance of exploring the metallic minerals in the country, which led to the reluctance of state direction to the exploration of metal, explaining that the new trend in industries geological was now about industries silicon which results in a tremendous amount of this industry, which is silica base material where where we have more than a billion tons of reserves of which are tree to end independent branch industries, including a wide range of industries, the first Photoshop, which is one of alternative energy sources, which began having produced the world.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=54431


    16/09/2013 (00:01 pm) -
    Happened on this day: the central bank and the first Iraqi currency



    On this day in 1950 issued the first Iraqi currency, bearing the name of the Iraqi Central Bank, who took over the affairs of the Iraqi currency, issuance or replacement. Since 1900 the currency Ottoman are prevalent and traded so I went back (Bakjh) smaller currency Ottoman and value of the official two and a half Bakjh followed (Alorkh) and is equal to ten bars any twenty-five Bakjh and found half his hip and is equal to five bars and lunar and shark Alsag and shark Jerk. The Majidi and pound gold is considered of the most famous currency old Iraqi has issued the Ottoman Empire in the First World War papers cash worth pounds one and five and ten pounds and after currency Ottoman Empire came the currency of India and all were of copper alloy or zero except for the rupee minted from silver.

    and released the first Iraqi dinars during British occupation in 1917.

    In 1921, the Iraqi dinar was issued Law of the Ministry of Finance has identified categories, colors, and width and length and image bearing the image of Faisal I with the effects of Babylon. Identified as a coin penny and Filsan and the four and ten and fifty percent, The riyal was two hundred fils. King Faisal I've put the first image on the dinar Lion of Babylon, King Ghazi, Faisal II.

    http://www.almadapaper.net/ar/news/451328/%D8%AD%D8%AF%D8%AB-%D9%81%D9%8A-%D9%85%D8%AB%D9%84-%D9%87%D8%B0%D8%A7-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%88%D8%A3%D9%88%D9%84-


    16/09/2013
    Iraq uses the Brazilian experience to join the World Trade Organization



    BAGHDAD / JD / .. Ministry of Commerce announced its participation in a training session for the Brazilian experience to join the World Trade Organization.

    The ministry said in a statement received / JD / copy of the established economic relations department in the ministry, in coordination with the Brazilian Embassy in Baghdad, a training course on the Brazilian experience in the multilateral trading system and to join the World Trade Organization (WTO) at the headquarters of the Brazilian Ministry of Commerce in Brazil.

    The statement quoted the Director General of the Department of Foreign Economic Relations Ministry of Commerce Hashim Mohammed Hatem as saying: that this session was attended by members of the National Commission on the accession of Iraq to the WTO, chaired by the Minister of Trade, Dr. Khairallah Hassan Babiker, which came at the time of the election of a new president of the Organization of World Trade successor to Frenchman Pascal Lamy

    He explained that during the session reviewing all the challenges faced by Brazil in the process of its accession to the World Trade Organization and cons and pros achieved to join and take advantage of Brazilian experts who are engaged in ongoing negotiations with the member states of the Organization

    The statement noted that the Director General of the Department of economic relations on the sidelines of the session with officials in the Brazilian Ministry of Commerce was discussed stages made by Iraq in the process of joining the World Trade Organization and confirm Iraq move forward to achieve full membership

    The statement noted to the city of Erbil will the second Altdrebh session of the Iraqi negotiating team and emanating from the National Commission on Iraq's accession to the World Trade Organization.

    He said the Department of Foreign Economic Relations that his department oversaw the establishment of the session and in collaboration with the United Nations Industrial Development Organization UNIDO and the United Nations Conference on Trade and Development UNIDO will be during this session strengthen the negotiating capacity of the participants, who represent the majority of the Iraqi ministries and the level of Goods Services has developed a circuit integrated program regard to building capabilities of the Iraqi negotiator which سيفاوض with the member states of the World Trade Organization (WTO) within Iraq's efforts to obtain full membership in the organization.

    It is hoped that the economists and specialists in international trade multilateral lectures and review of the most important private art methods to negotiate. / End / / 22

    http://dananernews.com/News_Details.php?ID=3902


    DBX SULAYMANIYA 2013 VENUE: Iraq Sulaymaniya - IraqStart Date: 20 Nov 2013End Date: 23 Nov 2013 Website:

    www.dbxkurdistan.com

    The 9th annual DBX Sulaymaniyah International Expo is the ultimate rebuilding Iraq event. It is the only international Expo in Iraq and Kurdistan is fastest business growth area in Iraq. We encourage you to launch your entry into Iraq through the 9th annual DBX Sulaymaniyah International Expo. Over 550 international and local companies participated last year in our DBX Sulaymaniyah Expo along with 95,640 visitors. We expect these numbers to increase this year since ready buyers from around Iraq will be in Sulaimaniyah for the 8th annual DBX Sulaimaniyah Expo, 20th - 23th November 2012.


    http://www.iraqdirectory.com/en/event-details/13/dbx-sulaymaniya-2013-.aspx



    09/17/2013
    Planning: more than 812 trillion dinars state revenues within 5 years





    BAGHDAD / JD / .. Planning Ministry confirmed the development plan by announcing that Iraq's revenues during the next 5 years, more than 812 trillion dinars, as pointed out that the objectives of the plan is not far-fetched in the face of rising oil production and export.
    The spokesman said ministry spokesman Abdul Zahra al-Hindawi told the reporter / JD / The total amount of revenue the state during the years from 2013 2017 of 812 trillion and 263 billion dinars, adding that the estimated income will be the oil revenues of 95 percent, while will be non-oil revenues 5 percent.
    Hindawi between that goal which is seeking five-year plan is not far-fetched in light of the steady improvement in the economic climate and in light of the expected surge of production and export of crude oil and commitment to continue the implementation of economic reform programs and development projects and target menu.
    The Ministry of Planning estimated the size of investment spending in the National Development Plan 2013-2017 by about 357 billion dollars, as pointed out that the share of public sector investment in this plan, about $ 282 billion.
    The agent said the Ministry of Planning and Development Cooperation Sami when the President of the Technical Committee for the preparation of the plan at the launch that took place yesterday at the Rashid Hotel and attended by the correspondent / JD /, the plan aims to achieve growth targets and objectives of the ambitious development again, it will need the private sector to invest about 75 billion dollars for the implementation of projects estimated at 5861 projects, according to the list of projects for the year 2012 issued by the Ministry, and expected to increase this figure by expanding the time for the lifetime of the plan when proposing the provincial ministries and departments of new projects.
    He added that the outlook for the national development plan does not rely exclusively on economic growth, but it also depends on luck and harmonization of economic and social dimensions. / End / / 23




    http://dananernews.com/News_Details.php?ID=3910



    Iraq's leaders sign tomorrow, «and honor document»




    18/09/2013 | (Voice of Iraq) - Add a comment -


    Baghdad: «Middle East»
    amid continuing controversy about the health of Iraqi President Jalal Talabani, after more than eight months on the injury suffered a stroke and was evacuated to Germany for treatment, Vice President Khodair al that the country's leaders and the masses of political will sign tomorrow «document honor» to resolve the crisis the country's political, stressing at the same time that the health of President Talabani «begun to improve as a result its response to treatment».
    said Khuzai, in a press conference held on Thursday evening at the headquarters of the Presidency, said that «the political blocs will sign, next Thursday, a document of honor for peace Social Council, at the headquarters of the Presidency of the Republic », pointing out that« will be at a conference attended by the country's leaders and representatives of the political blocs, as well as intellectuals and theologians Men clans and personalities feminist, representing the spectrum of the political scene ».
    said the vice president that «the Prime Minister, Nouri al-Maliki and Parliament Speaker Osama Najafi, and Deputy Prime Minister, Saleh al-Mutlaq, the head of the Kurdistan region, Massoud Barzani, and the blocks were part of the National Alliance, and the Islamic Party, the Kurdistan Alliance, all confirmed that they will sign the document ».
    , but the existing Iraqi President , Iyad Allawi, said he would not attend the meeting, denying any brief him on the document and refusing to content. He said in televised remarks that instead of signing a new document must be adhered to the Convention on Arbil, which paved the way for the formation of the current government in late 2010.
    explained Alkhozai that «the conference will work to find appropriate solutions to the crises and problems intractable ravaging the country», indicating that «the conference will form a small committee representing the blocks political signatories to the document in order to ensure resolving the problems and crises constitutional frameworks. He said that «the most important paragraphs of a document of honor, those relating to resolve the crises and problems all on, according to the text of the Constitution» adding, «The issues that were not mentioned by the Constitution فستشكل specialized committees to find appropriate solutions».
    Meanwhile, Khalid al-Asadi, a member of parliament for the State of Law coalition is close to Alkhozai, told «Middle East», that «the document of honor launched by Vice President Khodair al behalf of the Presidency of the Republic and in line with what had been called for by President Jalal Talabani, such as the عكته but represent a roadmap to resolve the political crisis in the country through its support of everyone since that time. He added: «In order to give this document the importance it deserves has adopted the National Alliance, which is also the parliamentary and political largest in the country, has been informed of all political forces on its content, was welcomed by all the blocs and political forces out from the premise that everyone wants dialogue a way to solve problems and crisis ».
    At the time there is no consensus within the Iraqi List on a document of honor after the announcement of the leader of the list, Allawi, County tomorrow's meeting, both the National Dialogue Front led by Saleh al-Mutlaq and block «united» Osama al-Nujaifi, Speaker of Parliament, confirmed, according to the Khazaee, they will attend the signing of the document.
    For its part, reduced the Kurdistan Alliance bloc of the importance of the signing of this document at the time of not being commitment to what is the most important of them, which is the Constitution and the law.
    https://mail.google.com/mail/?shva=1#drafts?compose=14131732b1db2c1b%2C1413173a9e84c066%2C1413173d6ebcf983%2C14131741f169e0f6%2C14131743cfa16cf1%2C14131746912388ec%2C14131748da51e07a%2C1413174b48fa94b6%2C1413174da8b980a0%2C1413175010610676%2C14131753bcf6a49b%2C1413175644a133eb%2C14131758b8fbfa03%2C141318a30474e071




    Read more: http://www.sotaliraq.com/mobile-news.php?id=116639#ixzz2fDMBw5xP


    Source: amendments to the work of private banks in the coming days

    18-09-2013 | (Voice of Iraq) - Add a comment -


    Alsumaria News / Baghdad
    Source revealed, Wednesday, that the amendments will take place during the next few days on the work of private banks.
    The source said in an interview for "Alsumaria News", "several modifications will be taken on the work of the private banks," pointing out that "these amendments will take place during the next few days."
    Noteworthy that despite the proliferation of private banks in Iraq, numbering more than 30 banks, but it did not play a pivotal role in the economic development process in Iraq because of its small capital added to move away governmental institutions dealing with because تلكؤها in their work.

    Read more: http://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D116660&usg=ALkJrhjMpOzbXlFvrQn2WQxHXW1Fp4m1lQ#ixzz2fF4HpELH

    *** Notice: FOR CANADIAN's **** :dudeman:
    - Received information that the Bank of Montreal "Will be Exchanging the Iraq Dinar when it becomes international. - :thumbsup:

    Postby DAME » September 18th, 2013, 7:39 am • [Post 100]

    Member of the Commission on oil: four important laws when the legislation in Parliament would end all disputes over oil

    18-09-2013 08:12 AM

    Baghdad (news) .. He noted a member of the Oil and Energy Committee MP / coalition of Kurdish blocs / Bayezid good, to the existence of four important laws when the legislation before the House of Representatives will be able to finish all the oil on the differences between the local governments of the provinces and the province and the federal government.

    He said Hassan (of the Agency news): The laws of the four include 'oil and gas and the establishment of the National Oil Company and the distribution of revenues and federal law restructuring the Federal Ministry of Oil', where it is still disabled within the House of Representatives, when legislation will be able to end all disputes and regulate the work of the oil industry in country.

    He continued: Being powers will be distributed among local governments for the oil-producing provinces of Kurdistan and the federal government regarding the extraction and exploration of oil, especially since those laws, one of them linked to the other legislation فلايمكن the one without activating other laws.

    He pointed out: that the national oil company linked to its law of oil and gas as well as the Federal Council of the oil and gas can not be formed without the approval of the oil law, pointing out that the national company had a prominent role and the great support of the oil sector in the country since it was formed in 1963, but has been resolved in the year 1987 by the former regime under the pretext of reducing its government departments.

    It is noted that the political differences in the Iraqi arena between the parliamentary blocs have prevented the adoption of important laws that have a significant role in the promotion of the economic reality of the country. / End / 8.'s. M /
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    News, Rumors and Opinions in Dinarland Wed. PM

    Post by Admin on Fri Sep 20, 2013 3:54 pm

    News, Rumors and Opinions in Dinarland Wed. PM

    09/18/2013




    I4U:

    [FLPatriot59] [Austin-Powers-For-PM @ TNT CHAT] Listening in on BGG call. He is speculating that all the chat rooms went down due to a hacker group out of Syria called Anon Ghost who decided to deface a whole bunch of websites, and targeted the addonchat server by going through the back door.

    [shatterstar] well guys I think that the next 48hrs are going to be very interesting. I hope things get resolved soon....

    [FLPatriot59] shatterstar What are you hearing?

    [shatterstar] FLPatriot59 all the meetings concluded today. Iraq is making the announcement that they are waiting to have their currency made international. that announcemnet requires prior approval. invitation to WTO. Iraqi bank in Europe. Something is happening

    [misskitty05] shatterstar I hope you are correct!
    ....

    [shatterstar] misskitty05 me too.. I hope there arent any more complications.

    [FLPatriot59] shatterstar What's the timeframe on that announcement? Do you know?

    [shatterstar] FLPatriot59 sorry had a phone call. The first day I was looking for it was tomorrow, with a fallback to Friday if there was a delay. I know it will not happen over the weekend. So then we are back at next week.

    [FLPatriot59] shatterstar You said "was looking for it was tomorrow." Are you no longer looking for it tomorrow, or is that still a possibilty?

    [shatterstar] FLPatriot59 Im looking for it tomorrow.

    [FLPatriot59] shatterstar I hope you're right!!

    [shatterstar] I should clarify. Out of all the days this week, The first day I thought it could happen would be thursday

    [FLPatriot59] Okay, everybody who agrees tomorrow should be the day, please stand. The rest of you can jump in the moat. Lol

    [FLPatriot59] Chats were back up by 4PM or so. Calls still happened today (tho GET cancelled their call for tonight, per the Fed, so they say). Everything is running normally now. If the PTB wanted to shut anything down it could've shut everything down, not just chats. So, IMO, I don't think it's related (of course, I could be a paid gov't spokesperson just telling you what you want to hear). Lol

    [FLPatriot59] [jaybird @ TNT] Afternoon Family.....several of you have asked if Frank will be doing a post or a CC tonight....I have spoken to him and can tell you it will be a blue post....concerning I-team information.....and as he said.....it is interesting....but I won't steal his thunder, you need to read it from him.....tonight between 8 and 8:30 est. Alabama is also doing a DO NOT MISS CALL tonight.

    [BLESSME] Flpatriot whats the good news??

    [FLPatriot59] BLESSME We're are looking real good for anytime between now and Friday, most likely sooner rather than later.

    [chefbear96] FLPatriot59 are you really feelin the anytime between now and friday?

    [FLPatriot59] chefbear96 That's pretty much what most are saying.

    [chefbear96] FLPatriot59 sounds good to me

    [wittsend] FLPatriot59 It would not surprise me to see the chatrooms interrupted for some period of time as a pre-cursor to the "event" to keep pandemonium to a minimum.

    [FLPatriot59] wittsend That's what someone else speculated in another room. Perhaps it was a "dry run" to tampen down the fervor.

    [wittsend] FLPatriot59 ...or a test run.

    [FLPatriot59] wittsend Could be.

    [BLESSME] Wittsend what did she say about chat rooms today?

    [wittsend] BLESSME She said something about her well-placed source saying that they wanted everyone to simmerdown and let this thing happen.

    [wittsend] FLPatriot59 What do you think about her opinion of the dichotomy between the IQD and IQN?

    [FLPatriot59] wittsend I do know we've been told when the IQD goes international, it - along with others - will change 3-letter codes. We actually saw this happen earlier this summer when IQN showed up briefly. I'll find her post and check it out again.

    *******************************

    TNT:

    [a_li'l_fox] Foxman so give me some more Tony hype, i need more lol

    [Foxman] a_li'l_fox Rates are still high...bank personnel were called in today...we're just waiting.

    [august] Foxman, I don't quite understand why bank people are called in when Tony said it hadn't gone international yet. Maybe they are still training to handle the C/E one it occur. These are exciting times, and I do understand that Tony said it can go International at any time.

    [Foxman] august Supposedly to handle the influx of calls and to give out the 800# appointments.

    [Roman4Freedom] It must costing these banks a fortune to have the staff coming in back and forth expecting this RV. You know they counting on a lot of money coming their way.

    [Cyndee49] Roman. Didn't Tony ssy UST paying for call in hours not utilized?

    [hoosierbigbucks] UST or IMF? I think there are still some ego's out there that you or I am not privy to. I cannot think that the UST is holding this thing up. It could be about a Power Trip

    [artmeister2] Don’t forget Alabamas call tonight at 8:00 central time as usual. Several guests and you don’t want to miss the last one. 1-559-726-1300..Pin No: 364876#

    [LALarry] Already Blessed Paper Boy Arizona Heat - Just read Mnt Goat's afternoon post on Recaps where she defends her stance that there will be no RV till early October. Is she just hearing her intel from the 20% that says the sky is not blue? Just curious.

    [hoosierbigbucks] I thought Tony had an excellent comment about really taking a good look at the message being delivered from the intel provider/and or guru, and do NOT judge who it came from. It is all about putting the pieces together and trying to make common sense of the entire picture....not just a few pieces.

    [RAJAF] I just like to think of them as doing their best to help and leave it at that

    (highhopes) every Intel Provider has different sources from all over the world……some are in the Gov., in banking, in the military, friends , on wall street, ect…..different branches, locations, level of intel ect…. So it stands to reason ..logically…that the intel is different …or at least some of it is… So if Tony’s intel source from the Gov. is in a totally different office or branch of Gov….then say…Mtn Goats source..it stands to reason some of their intel is different. As to the date…everyone is still saying from now to first of Oct. so…we wait and watch and hope that this time nothing happens to stop it….. again

    *******************************

    MIG:

    [xyz] Turkish criticizes calls for the formation of the central bank تركي-ينتقد-الدعوات-لتشكيل-هيئة--تراقب-ال "failed to pull the bank for tracking and accountability of offenders," while noting that the bank kept the Iraqi dinar from falling b "hidden hands want to be manipulated," pointed out that the bank monetary policy fee "to serve the Iraqi economy and not to any party."

    LINK

    [xyz] Allawi refuses attending social peace conference http://www.almadapaper.net/ar/

    [.BJ] added that “joining the WTO will have a deep impact in the development of the Iraqi economy and take advantage of the international conventions on economic affairs in general.” He added that “the French head of the organization change nationality will not change at all in pursuit of the parties to complete the requirements to enter Iraq to the membership of the organization.” It is noteworthy that Iraq has begun to open to Arab and foreign countries in the field of trade, especially after ejected from the provisions of Chapter VII. bit.ly 196xJdS

    *******************************

    KTFA:

    jdtolle » September 18th, 2013, Free of painful regrets

    Your biggest regrets are for opportunities missed. Today is an opportunity, so make sure you don’t miss it.

    The way to avoid regret is to take action. Go beyond merely hoping, planning, or wishing, and do it.

    Yes, your actions may sometimes bring disappointing results. Even so, you will be much better off knowing you made the attempt.

    Instead of always wondering whether or not you could have, find out for sure that you can. Act, learn, adjust and act again, and eventually you will get the results you desire.

    Regret for opportunities missed is a pain that is almost impossible to escape. So make the choice today not to create that pain in the first place.

    Make full use of the opportunity that is right in front of you right now. And make yourself a life free of painful regrets.

    — Ralph Marston….May All Have a Safe and Blessed Day






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    THURSDAY MORNING NEWS 9/19/13

    Post by Admin on Fri Sep 20, 2013 3:55 pm

    BHO: 'Raising the Debt Ceiling... Does Not Increase Our Debt'
    September 18, 2013 - 3:54 PM - By Craig Bannister
    ImageRaising the debt ceiling doesn't increase the nation's debt, Pres. Obama declared in a speech today.

    In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:

    "Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."

    Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:

    "It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running up our debt, so people don't like to vote on it, and, typically, there's some gamesmanship in terms of making the President's party shoulder the burden of raising the -- taking the vote."

    But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?



    No Taper Brings Back Talk of Currency War
    18 Sep 2013 - 11:09 PM ET- By: Katie Holliday - Writer for CNBC.com
    ImageThe Federal Reserve's shocking decision not to taper, despite broad expectations for a $10-20 billion reduction of its monthly asset purchases, has reignited talk of a global currency war.

    Risk-on currencies like the Australian dollar, the euro and the British pound soared in response, while the greenback dropped across the board. Now some analysts say the Fed's decision could prompt other central banks to devalue their currencies in an attempt to retain a competitive edge.

    "We are on the verge [of a currency war]... especially if the Fed does not taper in October or December..." said Boris Schlossberg, MD of BK Asset Management.

    The other G10 countries will have to react and the only thing they can do is provide "even more accommodative policies in order to try and equalize all these currency differentials," he added.

    Speculation over the onset of a global currency war first came to a head at the start of the year when dramatic falls in the Japanese yen prompted widespread criticism from other world economies, amid concerns the yen's weakness would put Japan's exporters at an unfair advantage. However, the rhetoric abated after Japan was given the go-ahead to pursue its radical policies at a G20 meeting in April.

    But the Fed's decision on Thursday has reignited talk of a currency war, after the dollar index, which measures the greenback's value against other major currencies slid to levels not seen since February at 80.06 on Wednesday.

    Risk-on currencies got a boost; the Australian dollar rallied above the $0.95 handle in Asia on Thursday, a high not seen since mid-June, while the sterling surged to around $1.61, its highest level since January, and the euro reached highs not seen since February of around $1.35.

    Evan Lucas, market strategist at IG, said he expected other major central banks to react.

    "All major pairs with the U.S. dollar are running hot, with AUD/USD the strongest performer up 1.8% in the U.S. session and EUR/USD not far behind. This does raise the question, what will be the responses from other central banks?" he said.

    Lucas pointed to the Reserve Bank of Australia, which is broadly expected to cut interest rates again by year end, as one of the next likely movers.

    "It also raises questions about the Bank of Japan," said Lucas. "The fall in the USD is dire to its stimulus plans for the yen and the broader Japanese economy. Will the Bank have to intervene again? Will the three arrows be ramped up?"

    BK Asset Management's Schlossberg said he expected Japan's central bank to act soon.

    The dollar-yen isn't buckling as much as other currencies; that's a sign that the market expects the Bank of Japan to be the first to try to offset the Fed's move with a move of its own, he said.

    The yen strengthened to 97.75 to the dollar following the Fed announcement on Wednesday, but had weakened back to around 98.10 to the dollar in early Asian trade on Thursday.

    Schlossberg also highlighted the Bank of England as another central bank likely to respond to the Fed's move.

    "Someone wrote a very clever line today saying that the BOE didn't realize it was in a quantitative easing war and now it's going to have to [head] back into battle," he said.


    Oil Nears $109 On Supplies Drop, Fed Stimulus
    By Pamela Sampson - Sep 19, 6:02 AM EDT
    Image BANGKOK (AP) -- The price of oil rose Thursday after the U.S. Federal Reserve kept its monetary stimulus in place and U.S. oil supplies fell more than expected.

    Benchmark oil for October delivery was up 76 cents to $108.83 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

    Prices spiked Wednesday after the Federal Reserve unexpectedly maintained its stimulus for the U.S. economy and the Energy Department reported a bigger than expected drop in supplies of crude oil and gasoline. The contract climbed $2.65, or 2.5 percent, to close at $108.07.

    The Fed was widely expected to begin winding down its program of buying $85 billion a month in bonds and other assets. Instead, the central bank said it will maintain the pace of the bond purchases because it thinks the economy still needs the support.

    Global stocks and commodities have surged as the new money generated by the unconventional program flowed through the financial system. Stocks rose sharply Wednesday following the Fed's announcement. The Standard & Poor's 500 and the Dow Jones industrial average jumped to all-time highs.

    Both the U.S. Energy Department and the American Petroleum Institute said supplies of crude oil fell for the week ending Sept. 13.

    The Energy Department said supplies by 4.4 million barrels last week, almost three times more than analysts expected, to 355.6 million barrels. The API said supplies fell by 298,000 barrels to 359.2 million barrels.

    Brent crude, the benchmark for international crudes used by many U.S. refineries, was up 61 cents to $110.89 a barrel on the ICE Futures exchange in London.

    In other energy futures trading in New York:

    - Wholesale gasoline rose 1.1 cent to $2.738 per gallon.

    - Natural gas rose 2.2 cents to $3.735 per 1,000 cubic feet.

    - Heating oil rose 1.8 cent to $3.059 per gallon.

    The start of a meeting to sign a document of honor and social peace led Alkhozai and Mr. Hakim and al-Maliki and al-Jaafari
    PostDateIconThursday, September 19 / September 2013 12:15 |


    {Baghdad Ambassador: News}

    Began shortly before the meeting to sign a document of honor, and social peace, which called her Vice President Khodair al. According to the correspondent of the Ambassador News on Thursday that "the meeting to sign a document of honor and social peace, had begun in the presence of a number of political figures, ministers and clergy, in addition to the presence of Shiite Waqf, Mr. Saleh al-Haidari, and the Sunni Waqf Abdul-Ghafoor Samarrai, in addition to the presence of a number of religious figures, and the House of Representatives. " and noted that "the figures platform was to" Prime Minister Nuri al-Maliki, Vice President Khodair al, and the President of the Supreme Islamic Council Iraqi al-Hakim, the head of the National Alliance, Ibrahim al-Jaafari, the President of the Kurdistan Alliance bloc Fuad Masum, in addition to the Secretary-General of the Iraqi Islamic Party Iyad al-Samarrai, Deputy Prime Minister for Economic Affairs Rose Nuri Shaways. " and testify on Thursday the official announcement of the consensus that took place between the blocks Political about the initiative, the social ladder, as between Alkhozai at a news conference attended by the correspondent Ambassador News last Monday, "We will announce Thursday officially compatibility, which took place between the political blocs with regard to the initiative of the social ladder," noting that the political blocs have indicated a willingness to dialogue has taken the initiative of the social ladder a new beginning to rebuild Iraq and end the differences ", stressing that" the new beginning that agreed upon by the blocks will be built on the basis of brotherhood, honesty and commitment to the Charter of Honour ". was Vice President Khodair al, have launched an initiative to sign a document of honor and social peace in the country, one of several important points in the forefront of conservation the unity of the country and the sanctity of Iraqi blood and the adoption of dialogue to solve problems. introduced Alkhozai this initiative on all parties and discussed with them on to be signed during a meeting of all the forces, commanders and political blocs. called President Supreme Islamic Iraqi Council, Ammar al-Hakim, on Wednesday evening, during the Speaking at the Cultural Forum weekly, forces and political figures who will sign the Charter of the national honor that they are honest with themselves and their audience and to have their signatures resulting from a firm conviction that there is no alternative for joint work and sit at the table of dialogue to resolve dilemmas, stressing the need to carry the signatories to the responsibilities of the historical and moral each step يخطونها any convention sign them, they returned the leaders' meeting and signing a document of honor step pour into the path away from the chaos and the intersection and help to work the principle of freezing crises which called him earlier, and reiterated its support for each step in this direction and from any point of issue, noting that The purpose of freezing crises is to make the political forces united particular challenges facing Iraq, stressing prepared to deal with all the storms that ravaged the walls of home Vbaltahabb build the nation and Baltharb Npelet, valuing the important role played by Vice President Khodair al. saw last June contract Ammar al-Hakim meeting a symbolic gathering during which the leaders and political blocs, and yielded a reconciliation between Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi, what calmed the general situation in the country and assured the people after it was compass portend escalate difficult to predict its outcome, and the subsequent meetings and dialogues are all in the right direction that achieves interests of the country and the people

    http://www.assafirnews.net/index.php/2012-06-07-02-27-16/20376-2013-09-19-09-15-40.html



    Thursday, September 19, 2013 13:06
    Parliamentary financial support went Rasheed and Rafidain bank to open branches in Europe


    Baghdad / Baghdadi news / .. Expressed the parliamentary Finance Committee, on Thursday, its support to all Iraqi banks to open branches in European countries, octagonal effort Rasheed and Rafidain bank in this direction.

    Committee member said Najiba Najib told the / Baghdadi news / "Rasheed and Rafidain bank opened several branches in Dubai and Romania are in the process of opening other branches."

    Najib promised Iraqi bank opening branches in European countries "good steps that strengthen mutual trust between the Iraqi banks and other world countries and to keep pace with the evolution of international banks and communicate with other countries and support investment in Iraq." Ended 21 t

    http://albaghdadianews.com/economy/item/39508-AkLAkn%D8%A9-AklnABn%D8%A9-bDIL-bNvm-LZHEJn-AkEyonD-NAkEAJDnl-kAJbbAG-JENI-Jn-aNENBA.html


    Before signing .. Najafi describes a failure and Maliki government document is a starting point for building

    ImageBAGHDAD - Iraq Press - September 19: Nujaifi said during his speech at the national conference of the signing of the instruments of honor and social peace, said Thursday that "the government has failed to develop plans to protect churches and mosques, as it failed to reduce the displacement of the Organization of the kink in the north and all Sadoun in the south, which increased the severity of the Iraqi scene in addition to the neglect of the demands of the demonstrators.

    He warned Najafi from the non-implementation of a document of honor and social peace and its impact on the political process in Iraq. "The non-implementation of this document, which we have agreed or handled Bm'zajih or the application of its provisions according to double standards or for the benefit of a component without the other Aotkon predecessors of agreements Vnicolha frankly, it will be the last nail in the coffin of the political process in Iraq.

    For his part, Prime Minister Nuri al-Maliki said the document included the common principles form the starting point for state-building.

    Maliki said in his speech during the conference that "all parties agree on the terms of the document, which confirmed the rejection of sectarianism, equality and freedom of the media and national partnership in the management of the state," noting that it "represents a major base from which everyone is seeing a united especially in light of the regional situation volatile." Ended ( 1)

    http://www.iraqpressagency.com/?p=9838&lang=ar



    Maliki: Forced Us To Sign A Document Of "Honor"
    On September 19, 2013 in the political

    BAGHDAD / News Network Iraq - Prime Minister Nuri al-Maliki, on Thursday, he sat and leaders of political blocs to sign the so-called document of honor and social peace advocated by Vice President Khodair al they "are forced" on it, calling on everyone to abide by the terms of that "document . "Maliki said in a speech during the signing ceremony of the document:" It is perhaps the most important thinking about the reasons for the success of the document is to the seriousness of what we are going through internally is not talking about what is doing the wise folk, but perpetrated by our ignorance of the waste of blood and stirring sectarian strife that it is impossible to construction progress and this intrinsic factor is that we paid that we meet to confront this danger. "explained al-Maliki said" the compressor on our game is what is going through the region of strife and problems, and Iraq in the heart of the storm will target the implications of those temptations, especially what is happening in Syria, "returned" the region, "it" has become in the case of an explosion spread the forces of terrorism, murderers and criminals, Iraq has become the scene of these killers and criminals. "He Maliki that" this station milestones that forced them are forced were sat are forced and move are forced to this Charter until we get to agree on The formula in them, "he said, adding that the document is not a" substitute of the Constitution and the three powers do not want to form a new government, but we start from the diagnosis of the problems that we own. "

    http://malware-site.www/2013/09/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D8%A7%D8%AC%D8%A8%D8%B1%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D9%88%D8%AB%D9%8A%D9%82%D8%A9-%D8%A7%D9%84%D8%B4%D8%B1%D9%81/


    Najafi: Document "Honor" The Final Nail In The Coffin Of The "Political Process"
    On September 19, 2013 in the political

    BAGHDAD / News Network Iraq - criticized House Speaker Osama Najafi, Thursday, the "failure" of government performance and inability to provide security for the Iraqi people, while warned not to apply the so-called document of honor and social peace advocated by Vice President Khodair al, returned them as "the final nail in the coffin of the political understandings."

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    After More Than 11 Years Of "Honor", Iraq's New Leaders Sign Up To The Charter Of The "Honor"!
    On September 19, 2013 in the political

    BAGHDAD / News Network Iraq - and signed a three presidencies and the Iraqi political forces, Home, on Thursday, a document of "honor" on the sidelines of the National Conference of social peace, which provides solutions to the crises plaguing the country today. Sources: The three presidencies and signed a document of honor represented by Vice President Khodair al and Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi. The sources added that the Iraqi political forces that have signed the document is the Kurdistan Alliance, represented by the President of mass parliamentary Fuad Masum, and President of the National Alliance Ibrahim Jaafari, leader of the Islamic Supreme Council Ammar al-Hakim and the Secretary General the Iraqi Islamic Party Iyad al-Samarrai.

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    UN Worried About Sectarian Displacement Under Maliki
    On September 19, 2013 in the political

    Image

    BAGHDAD / News Network Iraq - United Nations expressed grave concern at the news of deportation and displacement sectarian clans Sadoun of the province of Dhi Qar and grille of the province of Nineveh, and described the Deputy Special Representative of the UN Secretary-General of the United Nations in Iraq, Gyorgy Posten reports on the deportation motivated by sectarian as [disturbing reports . said in a statement today: "The use of violence and intimidation against communities by illegal armed groups and forced to flee their homes is unacceptable and a clear violation of basic human rights," said Posten that this trend is worrying and is a serious risk to social cohesion in Iraq, and perhaps be devastating for the ongoing efforts to achieve national reconciliation., and called on the United Nations envoy on the Iraqi authorities to protect communities from attack, and to ensure their safety, security, and the right to a peaceful life free from intimidation.

    http://malware-site.www/2013/09/%D8%A7%D9%84%D8%A7%D9%85%D9%85-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D9%82%D9%84%D9%82%D8%A9-%D9%85%D9%86-%D8%B9%D9%85%D9%84%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%87%D8%AC%D9%8A%D8%B1-%D8%A7/


    UN Worried About Sectarian Displacement Under Maliki
    On September 19, 2013 in the political

    Image

    BAGHDAD / News Network Iraq - United Nations expressed grave concern at the news of deportation and displacement sectarian clans Sadoun of the province of Dhi Qar and grille of the province of Nineveh, and described the Deputy Special Representative of the UN Secretary-General of the United Nations in Iraq, Gyorgy Posten reports on the deportation motivated by sectarian as [disturbing reports . said in a statement today: "The use of violence and intimidation against communities by illegal armed groups and forced to flee their homes is unacceptable and a clear violation of basic human rights," said Posten that this trend is worrying and is a serious risk to social cohesion in Iraq, and perhaps be devastating for the ongoing efforts to achieve national reconciliation., and called on the United Nations envoy on the Iraqi authorities to protect communities from attack, and to ensure their safety, security, and the right to a peaceful life free from intimidation.

    http://malware-site.www/2013/09/%D8%A7%D9%84%D8%A7%D9%85%D9%85-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D9%82%D9%84%D9%82%D8%A9-%D9%85%D9%86-%D8%B9%D9%85%D9%84%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%87%D8%AC%D9%8A%D8%B1-%D8%A7/


    The country's leaders today signed the instruments of honor and social peace
    09/19/2013 08:51
    Hold the leaders and politicians of the country, today at the Peace Palace in Baghdad, the national conference called by the Vice President Khodair al to sign the instruments of honor and social peace, amid expectations that emerge from the conference positive results lead to a move towards a national project integrated, especially after assurances that indicated post Some 400 national figure representing all the political blocs actors and components of society and the provinces of Iraq. welcomed the parliamentarians moves aimed at the convergence of views between the various political forces, which ستتكلل today the signing of the terms of that document, which indicated their goals, "it" a national project to ensure peaceful coexistence between all components of the Iraqi people and establish a national partnership through a commitment to the Constitution and the law and the adoption of dialogue way alone to resolve the differences that accompany the political scene. " MP from the block (change) Kurdish nice Mustafa said support mass Initiative social peace and a document of honor, which will be signed them today during the National Congress. He called Mustafa in an interview for "Center Brief for the Iraqi Media Network," to abide by Bbnodahma and play a positive role in the application of their goals out of the crisis and solve political problems. said Mustafa said that "the Kurdistan Alliance also supports all initiatives aimed at political reforms and establish general principles" , describing a meeting blocs as "a turning point big" in the political process. as across the Iraqi List MP Muhammad Al-Khalidi's "Center Brief for the Iraqi Media Network," the support of the mass of the initiative and its intention to sign a document of honor with all its provisions. said Khalidi desire of political parties to the application of these documents effectively and make them complementary initiatives earlier. said Khalidi that "bloc held a meeting to study the terms of initiatives and how to play a positive role and an actor for the success of the National Conference," stressing post most of the leaders of the Iraqi List and Parliament Speaker Osama Najafi at a meeting this Thursday. "

    http://www.imn.iq/news/view.27626/


    Central Bank emphasizes the use of modern technologies in Iraqi banks
    09/19/2013 - 14:52

    Image
    During a meeting with Turkish post new Macs Japanese embassy in Baghdad Kanwski ناغاوكا

    Alsumaria News / Baghdad
    stressed the Iraqi Central Bank, on Thursday, the need to use modern technologies in Iraqi banks, indicating that these technologies will be the main base for work in banks. bank governor said Abdul Basit Turki said in a statement released today, on the sidelines of a meeting with the post affaires new The Japanese Embassy in Baghdad Kanwski ناغاوكا, and received "Alsumaria News", a copy of it on "The banking sector must be developed with the use of modern technologies in the work of Iraqi banks." said Turki said, "This technology will be the main base for work in banks to suit the expansion in economic activity" . and the Iraqi Central Bank was established as an independent bank under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.

    http://www.alsumaria.tv/news/82959/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B4%D8%AF%D8%AF-%D8%B9%D9%84%D9%89-%D8%A7%D8%B3%D8%AA%D8%AE%D8%AF%D8%A7%D9%85-%D8%A7%D9%84%D8%AA%D9%82%D9%86%D9%8A%D8%A7%D8%AA/ar


    Shahristani: Iraq out of the rentier economy to a balanced economy

    BAGHDAD - Iraq Press - September 19 / September: The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani speech during the conference "the launch of five-year development" organized by the Ministry of Planning received / Iraq Press / copy of it, in which he thanked the Ministry of Planning to return to consider its plan comprehensive development developed by for the years 2010 - 2014 and then admitted in Council الوزاراء and adjusted to a national development plan for the years 2013 - 2017 ".

    Stressing "the need for Iraq to Investment energies of human and natural resources and geographical location to shift from extractive rentier economy to a balanced economy in various aspects with emphasis on diversifying its sources."

    He Shahristani that "there are real opportunity to bypass Iraq adoption total sources of energy extracted from the ground (oil, gas) and turn into a diversified economy sustainable and stable does not depend on one side and this requires a focus on the industry by 38% and the buildings sector and services by 29 % and the agriculture sector by 13% and the Education sector increased by 10%, transport and communications and other sectors 10%. "

    Noting that he "should not for Iraq to remain dependent on imported food basket available to citizens and must improve its agricultural reality beyond this crisis." A finished. H

    http://www.iraqpressagency.com/?p=9867&lang=ar


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    THURSDAY MORNING NEWS PART 2 9/19/13

    Post by Admin on Fri Sep 20, 2013 3:57 pm

    One winning ticket sold in the $400 million Powerball drawing on Wednesday, September 18

    Two tickets sold in Florida worth $2 million


    Image

    Last Updated: 51 minutes ago
    By: Associated Press By: Associated Press
    DES MOINES, Iowa (AP) - One Powerball ticket has matched all six numbers in the latest drawing for the estimated $400 million jackpot.

    The Multi-State Lottery Association says the winning numbers selected Wednesday night were purchased in South Carolina.

    The numbers drawn Wednesday night were: 7, 10, 22, 32, 35 and Powerball 19.
    There were at total of 226,644 winning tickets sold in Florida.

    Two tickets purchased in Florida are worth $2 million after matching 5 numbers and playing the Power Play. Seventeen tickets in the state matched 4 numbers and the Powerball to win at least $10,000.

    The latest jackpot comes after a $448 million pot in early August was split between three tickets. In May, a Florida widow won the biggest Powerball jackpot in history -- a $590 million pot.


    Read more: http://www.abcactionnews.com/dpp/news/national/one-winning-ticket-sold-in-the-400-million-powerball-drawing-on-wednesday-september-19#ixzz2fJnINwEP

    Somebody is doing the snoopy dance.....wish it was me. :heeheehee:

    :shutdoor: :woohoo: :smiliedance: :mula: :pot:
    How come we're doing this?.. 'cause they said it couldn't be done.

    We gonna do what they say can't be done.
    We've got a long way to go and a short time to get there.

    "For those who believe... no proof is necessary. For those that don't... no proof is enough."


    Fun lotto facts:

    Image


    1. THE ODDS
    Remember, a person's odds of winning the jackpot are 1 in 175 million. That's how many combinations are possible with the game's five white balls and one red ball. In this case, there have been 11 drawings since August 10 without a winner.

    2. BIG JACKPOTS
    A major revamp in January 2012 increased the cost of a Powerball ticket from $1 to $2. It also led to larger jackpots in smaller amounts of time. Of the top 10 Powerball jackpots of all time, nearly half have been recorded after the game change.

    3. CONSOLATION PRIZE
    Since the revamp, a secondary $1 million prize has made some losers happy anyway. More than 730 people have won $1 million, and more than 120 people have won $2 million through the Power Play option.

    4. WHY WAIT FOR THE HYPE?
    There's technically no need to wait for a larger jackpot. Whether the jackpot is $40 million or $400 million, your odds of winning the top prize are the same. Whether you buy 1 ticket or 10 tickets, your odds are pretty much the same. A higher jackpot just means there's a higher chance there will be more than one winning ticket.

    5. SOMEONE IS GOING TO WIN
    The chance said that's what makes people think it could be them. When it's probably not.

    6. AGAIN, YOU'RE PROBABLY NOT GOING TO WIN
    Remember, you're probably not going to win. Wasserstein said it's hard for people to grasp how small their chances actually of a person's combination being selected remains astronomically high, though the chance that some set of six numbers will be selected is 1. That means even though your chances of winning are slim, the chances that someone else will win are high.

    Ronald Wasserstein, executive director of the American Statistical Association, are, since no one can really see 175 million of anything. Wasserstein tries to break it down. Take 175 million one-dollar bills and lay them out. Pick one lucky dollar bill that will win you all $175 million. You can line up those dollar bills twice along the edges of the continental United States. Or you can cover 380 football fields. Imagine picking the one lucky dollar bill from those fields, and that's your chance of winning the Powerball jackpot on a single ticket.


    Read more: http://www.abcactionnews.com/dpp/news/national/winning-numbers-for-400m-powerball#ixzz2fJpfKnnJ

    :dudeman: :dudeman: :headbash: 🤣

    ImageIraq's budget target for 2014 of approximately $ 150 billion
    September 19, 2013 11:56 PM Last Updated: September 19, 2013 12:10.

    Iraq's budget target for 2014 of approximately $ 150 billion .

    Deputy Finance Minister Fadhil Nabi that Iraq's budget target for 2014 is likely to reach the total volume of 174.6 trillion dinars, equivalent to 150.12 billion dollars based on an oil price of 90 dollars per barrel, with exports of crude oil of 3.4 million barrels per day.
    arrived budget 2013 to 138 trillion Iraqi dinars, also based on an oil price of 90 dollars per barrel, but with exports less volume amounting to 2.9 million barrels per day.
    trying member country Organization of Petroleum Exporting Countries rebuild its economy which was destroyed over years of wars and sanctions, relying mainly on oil revenue which funds about 95% of budget, and Iraq has the fourth largest oil reserves in the world and aims to increase its oil production to reach 8-8.5 million barrels per day by 2017, which could bump up to the ranks of top producers in the world.
    explained Nabi said the budget plan for 2014 expects oil exports magnitude 3.4 million barrels per day.
    and budget allocates 64 trillion dinars for investment projects, while the balance goes to spend on salaries and program food commodities supported.
    confirmed Nabi that the draft budget for 2014 allocates trillion dinars (860 million dollars) for the oil companies operating in the Kurdistan region near future, which is expected to issue 250 thousand barrels per day of crude.
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    Laceration of honor: the Iraqi leader Iyad Allawi refused to attend a meeting of a honor الخزاعية the document
    19-09-2013 11:33 AM

    ImageRevealed the National Accord Movement, led by Iyad Allawi, on Thursday, for four reasons prevented the leader of an invitation to attend the meeting scheduled for today to sign a document of honor, indicating that Allawi told the national figures contacted him to convince him to attend Bomlh successful meeting. due to hold a meeting this today at the Presidential Palace under the auspices of Vice President Khodair al to sign a document of honor and social peace. said responsible media movement triumph Allawi said 'Iyad Allawi will not attend today's meeting to sign a document of honor, has been told his position of refusing to attend many of the national figures, which called him to invite him to a meeting.' It said in a statement to Twilight News that 'Allawi replied to questions from his refusal to attend and answered that the reason is that the rights of the Iraqi to ايحترم by the government, and a lot of innocent people languishing in prisons without charge, and the failure to meet the demands of the demonstrators legitimate, and exposed families dignified killing and displacement in Basra Kut and Baghdad belt and Nasiriyah '. showed that 'Ayad Allawi told the national figures, which called him the hope that the meeting achieves success through the availability of sincerity and trust.'
    http://www.ahraraliraq.com/index.php?page=article&id=22893

    Image
    13:14 19/09/2013
    Trade: more than 17 Arab and foreign countries will participate in the session of the Baghdad International Fair Follow-up - and babysit - The General Company for Trade and Commercial Services Iraqi Ministry of Commerce said more than 17 Arab and foreign countries will participate in the activities of the 40 session of the Baghdad International Fair, which opens on the tenth of the month of October.
    A statement of the ministry received news agency public opinion (and babysit) a copy of the director of the company Sadiq Hussain Sultan said that his company "mobilized its efforts for the purpose of preparing early for the establishment of the Baghdad International Fair distinctly gives a true picture of the extent witnessed in Iraq, developments in economic, security and political in addition to confirm the ability of Iraq to ensure the success of major economic events, which gives him the opportunity to enter the international Arab investments large economic projects. "
    He added that "more than 17 countries announced their consent to participate notably France, Germany, Turkey, India, China and the United States and Britain, in addition to a large number of Arab companies and international," stressing that "this session will be under the auspices of Prime Minister Nuri al-Maliki."
    The Ministry of Commerce has announced that in 22 of the last month to bring forward the opening of the Baghdad International Fair to next October instead of November, for the opening day of the session coincidence with the beginning of the month of Muharram. O, o

    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F

    Image 14:00 19/09/2013

    Maliki leaves tomorrow for Nasiriya to the opening of the Garraf field
    Agencies - leaving the Prime Minister Nuri al-Maliki tomorrow to the province of Dhi Qar, for the opening of the Garraf field.

    A source close Thursday that "Prime Minister Nuri al-Maliki will leave on Friday to the province of Dhi Qar to the opening of the Garraf field".

    The Oil Minister Abdul Karim and coffee, had announced at the time of the previous month of August last year, the start of events gradually open oil wells in Garraf field in Dhi Qar governorate in preparation for the direct extraction of crude oil operations and begin initial production.


    The minister added that "a consortium of Malaysia's Petronas and Japex Japanese completed the configuration needed for the extraction and production of crude oil from wells that were opened sequentially to deliver them to the processing units and then to the pumping stations that starved national production.

    He explained that the new amount of production in the province will contribute to the increase in revenue from the petro-dollar reflected economic reality and improve the services and so on.


    The Oil Ministry has announced that there is an increase in production will be witnessed by the coming period with the start of production of the first of four new fields is {Garraf, Majnoon, West Qurna / 2, and the field Badra}. O, o

    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F

    Image 13:56 19/09/2013

    Nasraoui Basra International Fair opens fourth and confirms its support for all economic activities in the province
    Follow-up - and babysit - opened by the governor of Basra, Majed Nasraoui, on Thursday, Basra International Trade Fair IV, and reiterated its support for all commercial exhibitions held in the province, calling for global companies to work on the implementation of various projects in the province.

    A statement of the province, received news agency public opinion (and babysit) a copy of it today, for Nasraoui to say, "The exhibitions economic governing the land of Basra contribute to inform the local government and businessmen on the material presented by the companies participating the exhibition," referring to "The province of Basra seriously and supports all economic exhibitions that contribute to the exchange of experience between local and foreign companies."

    He added that "Basra is witnessing an important strategic projects aspire to sober carried out by specialized companies," calling on all major foreign companies to enter the "Basra and work on the implementation of the urban service projects general."

    Nasraoui stressed "its support for all economic exhibitions in the city to serve the commercial sector in Basra and the reconstruction of its infrastructure."

    For his part, Chairman of the exhibition, Mohammad Sharif, said, "an exhibition of Basra International Commercial fourth clear evidence of stable security situation witnessed in Basra," stressing that "there are eight different countries including Turkey, Iran, Qatar and others involved in the trade show, as well as the {60 } active company that provides materials on the show floor to serve the commercial side of the city dramatically. " O, o
    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F

    Image 11:28 19/09/2013
    Gold jumps more than 4% after the Fed's decision
    (Reuters) - Gold prices jumped more than 4 percent on Wednesday after the Federal Reserve said it would continue its program of bond purchases بوتيرته current amounting to $ 85 billion a month in a surprise to the financial markets, which were bracing for a reduction in the program the U.S. central bank to stimulate the economy.

    The price of gold rose for immediate sale 4.2 percent to $ 1363.91 an ounce in late session التدول in the New York market, recovering more than $ 70 from its lowest level in six weeks of $ 1291.34 hit earlier in the session.

    And U.S. futures rose gold $ 54.50 to $ 1363.90 an ounce. O, o

    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F


    "Tomorrow's Press," published the terms of the social ladder

    Image
    By the close of the Conference of the social ladder


    Author: es Editor: br reporter: ms
    09/19/2013 15:23
    Tomorrow Press / Baghdad: included document the social ladder, which was signed by political leaders in Iraq to form a higher committee adopted a program of peace in Iraq and the Commission will adopt the Constitution essential reference and a standard in every Qdahotaatnol handle disputes that may arise in the political scene is consensual and what to Aantqd powers Constitutional authorities with competence and devote more democratic and based on the principle of separation of powers.

    And suggest that "what comes out of committee is a reputable recommendations and collaborates participants in the initiative and the political blocs to find a common understanding between the citizens and the state and face the phenomenon of terrorism and militias in all its dimensions.

    It also provides to find a practical and legal in dealing with the Baath Party and its components and a commitment to the powers granted to the provincial governors and to balance the state apparatus and degrees Supreme civil, military and economic and social development Corner basis in the political and social stability and the adoption of the Council of Ministers and in coordination with the Presidency of the Republic of drafting the necessary laws to solve problems , as well as the adoption of a code of honor agree to its terms and vows to everyone to respect and abide by it.

    The steps came work of the Convention 15, paragraph b, as shown in below

    Action Steps
    1 - the formation of a higher committee chaired by the Vice President and the membership of a number of leaders of political blocs agreed on the number of participants with a view to adopting a program of social peace in Iraq and the adoption of all the mechanisms leading to achieve and initialized.

    2 - The Committee shall adopt the Constitution essential reference and a standard in every case stipulated because the constitutional provisions binding and can not disable either the issues that kept silent about the Constitution Fbalamkan dialogue around and agreed upon and what does not constitute a conflict with any text contained therein, including the political agreements and the light that we must work to achieve what has been agreed upon them after the removal of all barriers to implementation.

    3 - The Committee and deems to attend meetings regularly or emergency when necessary to follow the stages of what has been agreed upon.

    4 - Treatment differences that may arise or get in a consensual political scene and including to Aantqd of the constitutional powers of the competent authorities.

    5 - To ensure social peace and the development of the political process through dedicating more democracy and abide by the constitution and complete the building of state institutions and work to strengthen and adopt the principle of separation of powers.

    6 - مايصدر the Committee is a reputable recommendations of the participants in the initiative seeks to create the political climate for its implementation and in the interest of Iraq and its people.

    7 - co-participants in the initiative and the political blocs to find a common understanding between citizens and State represented its institutions concerned is to provide reassurance and to find mechanisms to achieve and implement the demands of citizens and the legitimate protesters and possible in all provinces and that اتتعارض with the Constitution.

    8 - face the phenomenon of terrorism and militias in all its dimensions and identify ways of eliminating it altogether by drying up their source and eliminate the factors that motivate and reasons for its existence and arms limitation, however, the security authorities authorized official solidarity and responsibility displayed by everyone.

    9 - adopt a national political forces to participate in the initiative of the social ladder a serious process and mechanisms crucial to meet the financial and administrative corruption, which threatens the state structure and the safety of the community.

    10 - find a practical and legal vision in dealing with the Baath Party and its components with the need to win to the victims of the Baath and its repressive policy and redress in order to achieve the goal that the Constitution sought to him and stated in its articles and clauses.

    11 - Commitment to the powers granted to the provincial councils and governors to achieve the constitutional and legal texts and to serve the citizens and achieve the desired development.

    12 - to balance the state apparatus and degrees higher civil and military as stipulated by the Constitution and its application smoothly and objectively Aazbb to confuse the government's performance and this is done through the institutions of the state and the contribution of all political forces to participate in the earnest and sincere to achieve this for Mafany to reassure the people and the unity of its components.

    13 - the economic and social development Corner basis in political and social stability and the Commission statement on the basis of achieving economic and social development in Iraq through a process of sober vision, strengthen the role of women, youth and involve civil society organizations in the process of development and construction.

    14 - Council of Ministers adopted, in coordination with the Presidency of the Republic drafting bills needed to solve the problems that consideration by the Committee, including confirms the commitment of speech in the case of legal contexts legislation of laws and not of any law legislation the government holds political and financial commitments without its consent.

    15 - the adoption of a code of conduct agreed to its terms and vows to everyone to respect and adhere to it, and what constitutes a definite guarantee for lasting harmony, understanding and cooperation in support of joint work in a positive spirit and sincere fraternal order to promote confidence and dedication among all political forces to participate.


    http://www.alghadpress.com/ar/news/3354/%D8%A7%D9%84%D8%BA%D8%AF-%D8%A8%D8%B1%D8%B3-%D8%AA%D9%86%D8%B4%D8%B1-%D8%A8%D9%86%D9%88%D8%AF-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A7%D9%84%D8%B3%D9%84%D9%85-%D8%A7%D9%84

    Masum: President Talabani will return soon to take part in political life and solve the crisis
    02:54:19 / 09/2013

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    President Jalal Talabani
    Khandan - Zia Caliph said Fuad Masum, head of the Kurdistan Alliance bloc and its representative to attend a conference of peaceful social and sign a document of honor, which was held on Thursday under the auspices of the Vice President Khodair al, that President Jalal Talabani is recovering well and will return to Iraq soon to participating political parties in resolving the political crisis. said infallible during his speech at a conference of the National Peace and followed the reporter, "Khandan" said: "We have to commit ourselves to what came بكلماتنا and put forward to implement it in order to end the problems suffered by the political process in Iraq," he said, adding that he "commends the Vice President Khodair al to Raeiah Conference despite delay in his contract. " said Masum that "the health of President Jalal Talabani, the improvement is recovering," adding that "he will return to Iraq after the improvement of his health over soon and contributes to the Iraqi political life and resolve the political crisis." It is noted that held today, Thursday, 19/9 / 2013 in the Republican Palace in Baghdad social peace conference and signing ceremony of the Charter of honor in the presence of a large number of political figures with the absence of the leader of the Iraqi List, Iyad Allawi, leader of the National Dialogue Front, Saleh al-Mutlaq, head of the National Congress Party, Ahmad Chalabi.

    http://xendan.org/arabic/drejaA.aspx?=hewal&jmara=18632&Jor=2

    Najafi attacking the Maliki government and warns of the non-application of the social ladder document [Extended]
    09/19/2013 - 2:21 pm |

    House Speaker warned the leadership of the coalition in Iraq Osama Najafi, of the non-implementation of honor and document the social ladder and its impact on the political process in Iraq.

    Najafi said in his speech at the national conference of the signing of the instruments of honor and social peace, said Thursday that " This initiative comes in the wake of several initiatives died and did not dry ink several agreements crushed immediately after the signing perhaps.

    As we are committed to it and the Charter of the honor which stipulated, but emphasize that the negligence of this document later or overtaking them or apply application selectively Mojtzia or double the standard or comprehensiveness part of the people out or deal with it on the basis of partisan or sectarian or factional, not on a national basis , or be considered a way to overcome some point, it would be a serious matter never wish that considered this initiative, like its predecessors will be the final nail in the coffin of political understandings. "

    He attacked Najafi government of Prime Minister Nuri al-Maliki, describing it as "failed", saying that "the government has failed to develop plans to protect churches and mosques, as it failed to reduce the displacement of the Organization of the kink in the north and Al-Sadoun in the south, which increased the severity of the Iraqi scene in addition to the negligence of the demands of protesters . "

    He pointed out that "Maatmr by the region of the acceleration of events accelerated the historical responsibility and national requires us to overcome thoughts and crises so pure our people from the States and the unknown fate and that the initiative, which prefer to Vice President Khodair al one of the opportunities that we must stand with a positive attitude and move to application and initiate implementation structure sincere ".

    http://www.burathanews.com/news_article_211443.html



    Zain Iraq raises 25% of its capital for public subscription of one billion dollars
    Ali Salman - 09/19/2013 - 7:27 p |

    Image

    The Executive President of Operations and Financial Affairs at Zain Iraq and Wael Ghanayim, that the company is offering about 25% of its capital for public subscription worth up to a billion dollars in Iraqi financial market, according to its license.

    And explained Ghanayim "the return on investment in the telecommunications sector in Iraq will reach 10% over the next five years."

    He pointed out that "there are significant growth opportunities in the future, particularly with regard to data services.

    http://www.burathanews.com/news_article_211371.html


    America did not intend to hit Syria
    published in the Thursday, September 19 / September 2013 07:26

    Baghdad (Iraq) / Future News: Counting House Speaker Osama Najafi said possible military strike to pressure Syria was just not for implementation. Najafi said that a military strike Syrian media and pressure was only because the team inspectors to investigate chemical weapons still achieves over who caused the use of chemical weapons. Najafi added that the Syrian regime and terrorist groups committed crimes against the Syrian people and must be condemned. He pointed to agree on the need for a peaceful solution and not to escalate in the Syrian issue, especially on the subject of a military strike.

    - See more at: http://almustaqbalnews.net/news/world/item/18963-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7-%D9%84%D9%85-%D8%AA%D9%83%D9%86-%D8%AA%D9%86%D9%88%D9%8A-%D8%B6%D8%B1%D8%A8-%D8%B3%D9%88%D8%B1%D9%8A%D8%A7.html#sthash.dM3UlE05.dpuf

    Parliament: four important laws will end all disputes over oil
    Posted in Business and Finance Wednesday, September 18 / September 2013 17:53

    BAGHDAD / Future News: noted member of the Oil and Energy Committee MP / coalition of Kurdish blocs / Bayazid Hassan, to the presence of four important laws when legislation by the House of Representatives will be able to end all disputes concerning oil between local governments of the provinces and the province and the federal government. Said Hassan said that laws The four include 'oil and gas and the establishment of the National Oil Company and the distribution of revenues and federal law restructuring the Federal Ministry of Oil', where it is still disabled within the House of Representatives, when legislation will be able to end all disputes and regulate the work of the oil industry in the country. continued: being distributed powers between the local governments For the provinces of oil-producing and the Kurdistan region and the federal government regarding the extraction and exploration of oil, especially since those laws, one linked to the other فلايمكن legislation, one without activating other laws. pointed to: that the national oil company linked to its law of oil and gas as well as the Federal Council of the oil and gas can not be formed without the approval of the law oil, pointing out that the national company had a prominent role and the great support of the oil sector in the country since it was formed in 1963, but was dissolved in 1987 by the former regime under the pretext of reducing its government departments.

    mentioned that political differences taking place in the Iraqi arena between the parliamentary blocs prevented without the approval of important laws that have a significant role in the promotion of the economic reality of the country

    - See more at: http://almustaqbalnews.net/news/africa/item/18940-%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86%D9%8A-%D8%A7%D8%B1%D8%A8%D8%B9%D8%A9-%D9%82%D9%88%D8%A7%D9%86%D9%8A%D9%86-%D9%85%D9%87%D9%85%D8%A9-%D8%B3%D8%AA%D9%86%D9%87%D9%8A-%D8%AC%D9%85%D9%8A%D8%B9-%D8%A7%D9%84%D8%AE%D9%84%D8%A7%D9%81%D8%A7%D8%AA-%D8%A8%D8%B4%D8%A3%D9%86-%D8%A7%D9%84%D9%86%D9%81%D8%B7.html#sthash.2B60KkHI.dpuf


    U.S. magazine: Maliki heads a regime dominated by corruption, brutality, and uses the law as a means against his opponents

    Revealed the American magazine Foreign Affairs that Iraq ten years after the overthrow of Saddam

    And the passage of a period of a few on the withdrawal of U.S. troops from the country became the closest thing to a failed state, Prime Minister Nuri al-Maliki heads a regime dominated by corruption, brutality, and used as political leaders, security forces and militias to suppress the enemies and intimidate the general public. Law is also used as a tool against opponents and hide disadvantages allies. The faded dream of an Iraq governed by elected leaders accountable to the people. "

    The magazine added: "The Iraqi government is unable to provide basic services such as electricity and clean drinking water and decent health care for the citizens. as the unemployment rate among young men approaching 30%, which makes it easy to recruitment by criminal gangs and rebel factions. "

    Are described: "The methods adopted by the Prime Minister but is a repetition of patterns adopted by his predecessors during the monarchies that followed the Ottoman rule, through the Prime Minister of Iraq, the first Abdul Karim Kassem down to Saddam Hussein and that depend argument (pitching yourself first and carnivorous power device security for Aarahm) as Maliki that the weakening of democracy and guarantees use of anti-corruption agencies in targeting political enemies as well as his autocratic and favoritism style, which may lead to the end of his authority and pushed Iraq into another civil war. "

    Date: Thursday 19/09/2013 03:00 pm

    http://alkashf.org/news.php?action=view&id=172




    Distribution of oil resources .. Beginning of the solution, not the solution
    Adel Abdul-Mahdi - 09/18/2013 - 9:50 pm |

    Since the referendum on the constitution, and continuing claims transfer oil Maalikis to the people .. And equal distribution of resources after the imposition of "oil tax" moving and "income tax" progressive ..

    The move will save - the current numbers - "basic income" is located above the poverty line for all citizens. Raised some questions .. And this one ..

    1 - solving difficult application and election propaganda .. In fact, we hope to be campaigning for all the forces, that was in the public interest, and this Let the contenders .. But difficulty, فالاجراء not the toughest of the ration card .. Dealing with in-kind materials require the purchase, storage and distribution, and transportation agencies, delays and contracts and Mvassadha. The distribution of the "arrow of oil, or income basis," the process of monetary calculations are made ​​through local banks and funds.

    2 - Prices will launch .. This is true but partial and temporary .. First, it will raise incomes, and most importantly .. Van collapsed oil prices فالاضرار the borne First poor in all cases .. Either rose as expected - though volatile - the percentage that will get citizens will rise as well. Then the price is determined by factors Other production Kklv and compete and not just wages .. In the market is monopolistic competition leads to lower prices, or high rates of less than high wages.

    3 - سيشيع laziness .. This is true when you do not see the implications. Valxl is the real slack in the country and low production rates of less than 20 minutes a day .. As the "arrow or oil base income" is the minimum, not the entire income of the citizen .. And encourage low-income owners to improve their resources and not stand up then. The rule that the rights and aspirations activities linked directly proportional to the improvement of living standards .. And inversely بانهيارها, down to extreme poverty, to become children voltage output foundation .. As for the affluent will increase "oil share" of the tax base, because of the progressive tax .. Which will bring a better distribution of wealth .. The state provides additional resources.

    4 - would weaken the state and its activities .. While the fact that the money obtained the state Cetkfaha to cover its operating and investment budget, but then codified and rid of a lot of waste and spending .. Funds easy to spoil factor state and distancing itself from the market economy, making it a corrupt businessman and bad, delayed and unable to complete its projects and provide the necessary labor .. While rising incomes simple case classes will generate "actual demand" would move the production factors that will play a key role in promoting development and correct things. The search relevance.

    http://www.aladalanews.net/index.php?show=news&action=article&id=112703

    Image

    ✻ღϠ₡ღ✻
    (¯`✻´¯)
    `*.¸.*✻ღϠ₡ღ♪♫ The Lord JESUS is Our Light ♪♫`*.¸.*✻ღϠ₡ღ
    *✻ღϠ₡ღ ¸ `*.¸.*✻ღϠ₡ღ

    "God Calling"

    Full Joy

    These things have I spoken unto you... that your joy might be full. - John 15:11

    Remember that the Truths I teach you have all been given to you too (as to My disciples of old) with the idea of giving you that overflowing Joy ...

    Search for the Joy in life. Hunt for it as for hidden treasure. Love and Laugh. Delight yourselves in the Lord.

    Joy in Me. Full Joy it was I wished My disciples to have. I intended them to have it. Had they lived My Teachings out in their daily lives they would have had Fullness of Joy.

    Thou will shew me the path of life, in thy presence is fullness of joy,
    at thy right hand there are pleasures for evermore. Psalm 16:11

    16:43 19/09/2013
    UNAMI welcomes the initiative of the social ladder and calls that they do not become the slogans of "hollow"

    Image

    Follow-up - and babysit -
    Welcomed the UN mission in Iraq [UNAMI] the signing of the leaders of political blocs and the instruments of honor and social peace.

    Deputy Chief of Mission George Posten in his speech at the national conference of the signing of the instruments of honor and social peace on Thursday that "the important step of this document is the execution out of the political and security crises and must not be allowed to turn into slogans hollow, and the committees implementation of its provisions Iraqi people waiting for an application full of leaders of the document in order to reach a just and stable society. "

    He added that "the unprecedented violence for years faced by Iraq in most of the regions is the biggest threat to the stability of the country, and restored to the memory of the tragic days in 2006-2007, which then threatened the unity of social peace."

    Boston noted that "violence has become today produces illegal acts of killings and abduction and سيطرات and fake and arbitrary operations against civilians, and that the United States will stand by the Iraqi people and their government and their representatives to reduce violence."

    He continued that "the leaders sitting at the same table to end the violence and to stop the processes of marginalization is a good thing, and what we saw of this initiative is that it is working to establish social peace and balance in the institutions of the state, but the most important is to work on implementation

    hhttps://mail.google.com/mail/?tab=mm#sent/141366aedb41d93e?compose=14131972d1400fca%2C141363acdea517d2%2C14136848fea202aettp://alrayy.com/92939.htm


    Iraqi five-year plan to diversify the economy


    Published on Thursday, September 19 / September 2013 12:05

    BAGHDAD - Awan

    The Iraqi government announced a five-year plan to diversify the economy away from dependence on oil and the development of the industrial sector .

    But may be in the case of implementation of the plan ushered in a new phase of recovery from the effects of war and international economic sanctions, which lasted for decades. The recovery was limited since the U.S. invasion in 2003 on higher oil production .

    Said Hussein al-Shahristani, deputy prime minister for energy affairs, said the government had taken a decision to focus on non-oil resources and that the new plan will focus on the industry .

    Under Al_khash which covers the period from 2013 to 2017 to invest about 357 billion dollars in development projects across the country and focus on five sectors are construction, services, agriculture, education, transportation and energy .

    And about 79 percent will come from these investments from the government and the rest from the private sector .

    Oil will remain the largest source of government revenue in that period. It is expected that the oil revenues 768.7 trillion dinars (662 billion dollars) in five years and non-oil revenue amounting to 43.5 trillion dinars .

    The Iraq aspires to raise oil production from 3.2 million barrels per day in 2012 to 9.5 million barrels per day in 2017 and the promotion of exports of 2.6 million barrels per day to six million barrels per day in 2017, assuming that the average price of a barrel of oil is $ 85 over five years .

    And many analysts believe that these goals may be dumped in optimism because of logistical problems and the impact of sectarian violence on oil production and government activities .

    Iraq is seeking to increase the storage capacity of crude oil for export from 10.987 million barrels to 30.057 million barrels in 2017 .
    The five-year plan also includes efforts to promote agricultural production to reduce Iraq's dependence on grain imports .

    Sami said when the technical agent for the Iraqi Ministry of Planning, said the plan aimed to produce about six million tons of wheat in 2017, which will cover domestic consumption and raise the average barley production of 820 thousand tons in 2011 to 1.2 million tons in 2017 .

    The plan aims to increase the total Iraqi production rate of 13 percent per year on average and reducing the poverty rate from 19 percent in 2012 to 16 percent in 2017. The government also hopes that the plan will help to narrow the economic gaps between rural and urban areas .

    http://www.awaniq.com/2/index.php/2013-07-21-20-18-25/2362-2013-09-19-12-05-52

    taking a chance ? for FRANK

    DO STILL WATCH THE EARLY MORNING HOURS/OR POSSIBLY DURING MARKET HOURS..........................................

    THANKS DLR





    As a Team we start each day looking for a new rate from 2 to 4 am est.

    This due to their locations.

    IMO ......... You should look each morning. Start here.......... Because if Team sees it ......... I will post it and You will see it with Your morning breakfast.

    Good qt......... Wink

    KTFA,


    Frank

    Susan Saad: the participation of women at the national meeting new precedent and positive gesture

    09/19/2013 BAGHDAD / not / said leadership in the mass of Virtue parliamentary Susan Saad on Thursday that "women's participation in the conference to sign a document of honor will make this initiative differs from its predecessors because of the importance of women's role in addressing the crisis of the mind and wisdom. Explained Saad said in a statement received" agency secrets news / not / "a copy of" an invitation to us to participate in a conference to sign a document of honor and initiative of civil peace and community is a new precedent we have not seen in previous initiatives of this kind, and this gesture made us Ntosm good in this conference and we expect success in achieving the purpose for which it was held for him . "and added that" Iraqi women were still a real partner in the political process, and it has an active role in addressing the crisis through understanding, dialogue and resolving crises reason and wisdom away from militancy political, have demonstrated in previous years this positive role, whether in the legislature or the executive. "and noted to women's participation in such a meeting would be a contributing factor in achieving the desired goals, especially if administered real role is to express an opinion and submit their proposals and not to make its presence only a formality. "ended

    http://www.sna-news.net/index.php?aa=news&id22=10770

    Frankie Frankie or Delta Delta,

    If T had died, if I understand it correctly they have a ritual for the death of their people which could not be hidden by a few, especially if that death was a man like T? That being said why do the continue to try and act like T is dead. If T died, not only all in K would know it, but so would I, and the rest of the world. A death like that would not go unnoticed or silently. Could you or Delta tell them were are tired of looking at squirrels :heeheehee: :heeheehee: :heeheehee: Let the wedding begin



    Friend ........ There are many tactics in warfare.

    To say T is dead is the highest if not the BEST form of security for him.

    Whether said by their media or us .......... It is just like WF's defense tactics against YOUR qts to them ........... At the present moment.

    KTFA,


    Frank

    Image 11:28 19/09/2013
    Gold jumps more than 4% after the Fed's decision
    (Reuters) - Gold prices jumped more than 4 percent on Wednesday after the Federal Reserve said it would continue its program of bond purchases بوتيرته current amounting to $ 85 billion a month in a surprise to the financial markets, which were bracing for a reduction in the program the U.S. central bank to stimulate the economy.

    The price of gold rose for immediate sale 4.2 percent to $ 1363.91 an ounce in late session التدول in the New York market, recovering more than $ 70 from its lowest level in six weeks of $ 1291.34 hit earlier in the session.

    And U.S. futures rose gold $ 54.50 to $ 1363.90 an ounce. O, o

    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F





    Now look at Your Tuesday CC notes to further understand this pattern.

    KTFA,


    Frank

    Iraq to Raise Bank Capital To Address Housing Crisis


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    By: Omar al-Shaher for Al-Monitor Iraq Pulse Posted on September 18.
    إقرأ باللغة العربية

    BAGHDAD, Iraq - Iraq plans to increase the combined capital of the only two governmental banks in the country, from about $23 million currently to about $360 million next year. Deputies in parliament say that this increase is aimed at supporting housing loans for citizens, in order to help them face the increasing housing crisis in the country.

    It is worth mentioning that Rasheed Bank’s capital is 2 billion Iraqi dinars (about $1.72 million) while Rafidain Bank’s capital is 25 billion dinars ($21.5 million).

    In May 2012, the council of ministers agreed to increase the capital of Rafidain Bank to 400 billion dinars and that of Rasheed Bank to 300 billion dinars, using the two banks' general reserve funds. However, the increase was not included in the 2013 budget.

    An informed source in the Iraqi Ministry of Finance told Al-Monitor, “The country's public budget for 2014 includes a capital increase for Rasheed Bank from 2 billion Iraqi dinars, and for Rafidain Bank from 25 billion dinars, to 200 billion dinars (about $180 million) for each of them.”

    The source, who preferred to remain anonymous, added, “The government's plan to raise the capital of the two banks consists of two phases. The first is supposed to be implemented next year, and the second will be implemented by 2015, when the capital of the two banks will be doubled again.”

    For his part, Ibrahim al-Mutlaq, a member of the parliamentary Economic Committee, told Al-Monitor, “The capital increase for Rasheed and Rafidain Banks is a step taken to support the credit scheme for citizens wishing to build residential units.”

    He added, “These two banks are running a credit program that will help citizens finance private housing projects. The most prominent feature of this program is the so-called ‘100 salaries' credit. This is a loan given to civil servants that is equivalent to 100 nominal [monthly] salaries, provided that the civil servant can show the bank a title deed for a residential unit in his name.”

    Mutlaq continued, “This program was halted due to an increased demand and lack of liquidity,” and confirmed that “Iraqis desperately need this loan due to the suffocating housing crisis affecting the country.” He explained, “The increase in the capital of the Rasheed and Rafidain Banks will be achieved in the 2014 budget.”

    As for the investment, he said, “The ‘100 salaries' loans do not yield the desired revenues for governmental banks. They are, however, designed to help people overcome the housing crisis.”

    Abdul Abbas Shayya, a member of the parliamentary Economic Committee, explained, “The increase in the capital of the two banks is not of great [significance]. Banks are not usually driven by capital, but rather by deposits and banking transactions.”

    Speaking to Al-Monitor, Shayya added, “Deposits in the two banks exceed 18 trillion dinars [$15.48 billion], which is not that big. Yet the banks are limited by the banking law and do not have the right to invest all of this money. They can only use these deposits to lend to employees if liquidity is available.” He pointed out that “Part of these deposits are frozen and can’t be used in investment projects.”

    Shayya said, "Iraq needs a new banking law that allows a transition from a totalitarian economy to an open-market economy.”

    Furthermore, Bassem Jamil Antoine, an Iraqi economic expert, said, “The capital of Rafidain Bank was 25 billion dinars, which hardly fulfills the needs of the bank, because it deals with many billions [of dinars].”

    Antoine told Al-Monitor, “The decision to increase the capital of the two banks came because of a similar increase in private banks, which will increase their capital by at least 250 billion dinars this year.” He explained, “These numbers are considered small compared to the volume of transactions and the deposit balance in the Rafidain and Rasheed Banks, which are government departments. Accordingly, government departments and ministries don't deposit their accounts in private banks.”


    Read more: http://www.al-monitor.com/pulse/originals/2013/09/iraq-increases-state-bank-capital.html#ixzz2fLTfRAoL


    FRANK, DID YOU SEE THIS IN YOUR LOCAL NEWS? WHAT WAS THE OUTCOME? I HOPE THE SCUMBAG COP WAS FIRED!


    Police State Horror in suburban Toledo neighborhood


    A man allegedly asked a police officer to move his vehicle, because he was blocking the man’s driveway. The officer was writing a license plate citation for someone else. The officer’s car is marked Washington Township.

    You can then see from pictures and video that the man, his wife, and fourteen year old son and manhandled, forced to lay in the street, and repeatedly threatened with violence.

    The officer is also seen snatching a phone from a witness and throwing it. The man was talking to Toledo police. The officer orders the man not to talk to Toledo police about the incident.

    The officer then screams at witnesses, who are standing far away, to leave the area.

    Neighbors mass and express horror and call Toledo police.

    The scene is reminiscent of totalitarian police states where it is illegal to question the actions of a police officer.

    From Police State USA…


    A bizarre scene was recorded in Toledo involving an officer aiming his Taser at an entire family, including a boy, as they were forced to lay in the middle of the street. According to witnesses, the aggressive encounter originated when a man questioned the way an officer was handling a license plate citation for his neighbor. The man who spoke up, and his entire family, were ripped from their vehicle and threatened with a taser.

    Aaron Tatkowski told Toledo News Now that he returned home on Sunday to find his daughter-in-law, Cassandra Meyers, pulled over in a traffic stop on their street by a Washington Township Police officer. Tatkowski witnessed the officer speaking to her in a way that upset him, so he questioned the officer.

    “He hollered for me to get back in my truck, so I got back in my truck,” Tatkowski told reporters. “Next thing you know, I’m yanked out of the truck and it made my girlfriend say a few things. He yanked her out of the truck.”

    Tatkowski, his girlfriend, and his 14-year-old son were all ripped from the vehicle and made to lay down in the street. Tatkowski began to fear for the safety of his family and called out to a witness to begin recording.

    The video begins with the encounter already in progress. An adult male, an adult female, and a boy are laying face down in the street with a heavyset officer pointing his taser at them, screaming.

    Christine Lipper uploaded the video to YouTube on September 15. Based on what she and others witnessed, she titled the video “Crazy Toledo Cop.”

    Neighbors gathered along the quiet street inside the trailer park, dismayed at the heated encounter. One concerned neighbor whispered, “Call a different cop.”

    The frazzled officer — identified as Officer Hart — continued to exchange words with the family he had proned out in the middle of the street.

    Lipper briefly described the events on the caption of the video, saying, “The cop pulled somebody over and blocked neighbors driveway, neighbor comes home and asks cop to move vehicle..this is what happens.”

    http://topconservativenews.com/2013/09/police-state-horror-in-suburban-toledo-neighborhood/





    I once had this type of encounter in Oregon Ohio with a policeman.

    He even hurt my leg by slamming my car door into it.

    He didn't like my color............ Of car I guess.

    Yet in the end ............ I won. Thank God.

    KTFA,


    Frank....... I gave him stink eye..... :heeheehee:


    Image
    Iraqi children are looking at garbage Zarkhm and their families glaucoma

    Alaa Yousef - Baghdad

    Ahmad .. Iraqi children orphaned in the trash looking for bottles of soft drinks in order to be collected and sold for ten thousand dinars (eight dollars) per kilogram. Ahmad this case if thousands of Iraqi children who are looking in the garbage than enough to eat and feed their families in the country of its annual budget of more than one hundred billion dollars.

    Attribute the observers and the status of the country to the "wrong policies", which was built on the basis of the Iraqi state after 2003, resulting in the absence of human rights and the spread of corruption and the growing incidence of divorce and widows, which is reflected negatively on the lives of children. Remarkably, the people of Iraq and their awareness and understanding of the causes of their problem, He says Ahmed, who met with Al Jazeera Net, he can not live in a country that does not respect the rights of its citizens and يهمشهم by locking in people with jobs related to the ruling parties.

    But Ahmed's story details a tragic again, فيروي child how his father died in one of the bombings in Baghdad, while his mother has a certificate bachelor and looking for a job many years ago, but all the doors that Trguetha closed at her for not belonging to any party.

    If a student at the elementary level Ali Mohamed does not differ from the case of Ahmed, actually come to Mutanabi Street since the morning to sell cheap books in order to help his father in the provision of living things.

    The child and Sam Saad says in his speech to the island revealed that his mother's "great age" could not provide a living after the death of his father, فتولى is living through waste Find bread and packages of soft drinks and sold.

    He continues, Sam misery has left its mark on his face, it combines daily 15 thousand dinars (about $ 13) and puts it on home affairs, can not save them because it is the sole breadwinner for his family of four members.

    Protection of Children
    suffering of children they do not receive from politicians only bills and condemnation and denunciation, Valenaúbh of the Committee on Family Affairs and Children in parliament victory Jubouri revealed that Iraq has signed the terms of the Convention for the Protection of Children, which refuses to exploit child labor work unsuited to their childhood and overworked, she said in an interview with Al Jazeera Net that their work in quarries and waste a clear violation of the law.

    And confirms that the Ministry of Labour and Social Affairs and specifically childhood body i'tikaaf on legislation for the Protection of Children Act in order to send it to parliament in order to protect the Iraqi childhood.

    The victory made the reasons children work in quarries and waste, including increased poverty, orphanhood and divorce, widows, and this is linked to security conditions, social and legal, calling for the legislation of the Social Security Act, which the text of the Constitution in Article 30.

    And see who cares for children Dr. Hussein Ali هارف, the children in Iraq make up most affected to slide by women because they are disadvantaged in the planning, material support, in addition to the absence of institutions interested in supporting children's culture.

    And in between talking to the island there is no work of a programmer in the country can pull the child from the reality bitter because their rights stolen, calling on the government and parliament to a serious stand to stop the suffering of children, especially that the Committee on the family and the child does not rise to the magnitude of the tragedy experienced by the children, children of waste in particular suffer from diseases psychological and health as a result of exploitation of vulnerable people souls.

    Terrorism and politics
    The هارف indicates that, in the light of the high number of widows on a daily basis as a result of acts of "terrorism" and political differences, increasing daily number of homeless children, and Iraqi officials to create programs to reduce the political scene to stop the suffering of Iraqi children.

    He explains that Iraq where there are no accurate statistics to the lack of centers for studies and statistics, in addition to the Ministry of Planning ineffective.

    Human rights in turn is believed Mr. cream in his speech to the island revealed that there is a Children's negligence in Iraq could be ascertained numbers of children who are deployed at traffic intersections and industrial sites and landfills.

    He adds that the Ministry of Labour and Social Affairs is responsible for these phenomena, which began to spread in recent years as a result of poverty and the remnants of terrorist operations and the increase in divorce and other cases, a humanitarian responsibility and the legitimacy and constitutionality.

    Mr. calls the state to work on the reduction of these phenomena and to find effective solutions to save the "Childhood flowers", which will make them this neglect raw humanity is not valid in the future.

    http://www.aljazeera.net/humanrights/pages/5c3a37ae-79ea-4fbc-8745-f2e803843502



    Digital fingerprint device used in Kurdistan Parliament elections
    19/9/2013 13:10:00

    Image
    DIGITAL FINGERPRINT DEVICE USED IN KURDISTAN PARLIAMENT ELECTIONS

    The Electoral Commission for elections announced that a digital fingerprint device was used today in the special voting process in the elections of the Parliament of Kurdistan.

    This device is used for the first time in Iraq and the region, Serwan Ahmed member of the Board of Commissioners in the election commission told our website.

    This is a good electronic fingerprint device and will reduce fraud in all the polling stations, Ahmed added.

    http://www.pukmedia.com/EN/EN_Direje.aspx?Jimare=13777


    Najafi warns that the end of the political negotiation in the case did not apply social peace initiative
    PostDateIconThursday, September 19 / September 2013 15:40


    {Baghdad Ambassador: News}

    Warned Iraqi Parliament Speaker Osama Najafi, the end of the chances of negotiating and reliable to dialogue in the event of the implementation of the initiative of social peace launched by the Vice President Khodair al and started its activities on Thursday, in the event has been implemented in a biased or not applied during a given time period. began Najafi Speaking the need to "recognize the mistakes committed by the government of Prime Minister Federal Nuri al-Maliki in the security file and the protection of mosques and houses of worship and churches, as well as to evade political agreements earlier." said Najafi that "deficiencies in the interpretation of the constitution or interpreted according to the whims of the political major cause of the political crisis in Iraq "adding," Manhsdh today is the result beyond all of the Constitution. " and accused al-Nujaifi the current government "to waive the freedoms and allow for terrorism and militias to target the Iraqi people," calling on the government to "stop the deportations regulator that takes place in the belt of Baghdad, Diyala and Nineveh, as well as Basra and especially the family of the Saadoun , "adding that" the government has ignored the demands of the demonstrators despite the passage of months to sit, but the government has dealt with the balance of the various agencies of their cause standard.

    http://www.assafirnews.net/index.php/2012-06-07-02-27-16/20379-2013-09-19-12-40-43.html


    Jaafari shed tears at the National Conference for social peace and confirms: Iraq remains and we are mortal
    PostDateIconThursday, September 19 / September 2013 17:00 |

    {Baghdad Ambassador: News}

    Said the leader of the National Alliance, Ibrahim al-Jaafari, said Thursday that Iraq and its history is and will remain everyone will leave, and pointed out a shed tears that "the voice of the martyrs Sasda" when exposed to the political process at risk, with the exception of the blood of the martyrs "significant asset."

    Said Ibrahim al-Jaafari in a speech during the National Conference of social peace, which was held today, said that "Iraq did not establish, on the fall of the regime in 2003, but is early اختمرت in the minds of Iraqis through a torrent of blood and decades violated the sanctities," asserting that "Everyone will go, and it remains Iraq and its history."

    Jaafari added that "no one imagined that the martyrs Addo role ăÔßćŃíä the then finished these suspects," stressing He shed tears that "the martyr is the future, not a past experience when exposed to the danger you will hear the voice of the martyrs and the women and children of martyrs martyrs."

    http://www.assafirnews.net/index.php/2012-06-07-02-27-16/20381-2013-09-19-14-00-45.html

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    Fwd: The BRICS "Independent Internet" Cable. In Defiance of the "US-Centric Internet"

    Post by Admin on Sat Sep 21, 2013 8:49 pm

    The BRICS “Independent Internet” Cable. In Defiance of the “US-Centric Internet”
    By Umberto Pascali
    Global Research, September 17, 2013
    Url of this article:
    http://www.globalresearch.ca/the-brics-independent-internet-in-defiance-of-the-us-centric-internet/5350272
    The President of Brazil, Dilma Rousseff announces publicly the creation of a world internet system INDEPENDENT from US and Britain ( the “US-centric internet”).

    Not many understand that, while the immediate trigger for the decision (coupled with the cancellation of a summit with the US president) was the revelations on NSA spying, the reason why Rousseff can take such a historic step is that the alternative infrastructure: The BRICS cable from Vladivostock, Russia to Shantou, China to Chennai, India to Cape Town, South Africa to Fortaleza, Brazil, is being built and it’s, actually, in its final phase of implementation.
    No amount of provocation and attempted “Springs” destabilizations and Color Revolution in the Middle East, Russia or Brazil can stop this process. The huge submerged part of the BRICS plan is not yet known by the broader public.

    Nonetheless it is very real and extremely effective. So real that international investors are now jumping with both feet on this unprecedented real economy opportunity. The change… has already happened.

    Brazil plans to divorce itself from the U.S.-centric Internet over Washington’s widespread online spying, a move that many experts fear will be a potentially dangerous first step toward politically fracturing a global network built with minimal interference by governments.
    President Dilma Rousseff has ordered a series of measures aimed at greater Brazilian online independence and security following revelations that the U.S. National Security Agency intercepted her communications, hacked into the state-owned Petrobras oil company’s network and spied on Brazilians who entrusted their personal data to U.S. tech companies such as Facebook and Google.
    ..
    BRICS Cable!
    http://www.bricscable.com/(see video)
    netw_geo
    BRICS Cable... a 34 000 km, 2 fibre pair, 12.8 Tbit/s capacity, fibre optic cable system
    · For any global investor, there is no crisis – there is plenty of growth. It’s just not in the old world
    · BRICS is ~45% of the world’s population and ~25% of the world’s GDP
    · BRICS together create an economy the size of Italy every year... that’s the 8th largest economy in the world
    · The BRICS presents profound opportunities in global geopolitics and commerce
    · Links Russia, China, India, South Africa, Brazil – the BRICS economies – and the United States.
    · Interconnect with regional and other continental cable systems in Asia, Africa and South America for improved global coverage
    · Immediate access to 21 African countries and give those African countries access to the BRICS economies.
    · Projected ready for service date is mid to second half of 2015.
    See also
    http://www.thehindu.com/news/international/world/brazil-plans-to-go-offline-from-uscentric-internet/article5137689.ece
    Brazil plans to go offline from US-centric internet
    http://www.excitingrio.com/brazil-looks-break-us-centric-internet/
    Brazil Looks To Break From US-centric Internet
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    A Chronology of Iraq Key Events 1918 - 2013 09/22/2013

    Post by Admin on Mon Sep 23, 2013 12:22 am


    A Chronology of Iraq Key Events 1918 - 2013

    09/22/2013


    Picture
    Post By walkingstick » September 22nd, 2013, 10:54 am • [Post 215]

    Iraq Profile A Chronology of Key Events:

    1918 - After the defeat of the Ottoman Empire in World War I, British forces occupy the oil-rich Ottoman vilayet (province) of Mosul, bringing extensive Kurdish-populated areas under British rule.

    Much of Iraqi Kurdistan is mountainous
    ...
    1919 - Mosul area is added to the new Iraqi state, which comes under a British mandate.

    1920 - Treaty of Sevres, signed by the defeated Ottoman government, provides for a Kurdish state, subject to the agreement of the League of Nations. Article 64 of the Treaty gives Kurds living in the Mosul vilayet the option of joining a future independent Kurdistan.

    1921 - Emir Faysal crowned king of Iraq, including Mosul.

    Uprising

    1923 - Shaykh Mahmud Barzinji rebels against British rule and declares a Kurdish kingdom in northern Iraq.

    1923 - Kemal Ataturk's newly founded Turkish Republic gains international recognition with the Treaty of Lausanne. The Treaty of Sevres is not ratified by the Turkish parliament.

    1924 - Sulaymaniyah falls to British forces.

    1932 - Uprising in the Barzan region to protest at Iraq's admittance to the League of Nations, while Kurdish demands for autonomy are ignored.

    1943 - Mullah Mustafa Barzani leads another uprising, and wins control of large areas of Irbil and Badinan.

    1946 August - British RAF bombing forces Kurdish rebels over border into Iran where they join Iranian Kurds led by Qazi Mohamed, who founds an independent Kurdish state in Mahabad.

    1946 - Kurdistan Democratic Party (KDP) holds its first congress in Mahabad. Within a few months, the "Mahabad Republic" collapses under attack from Iranian forces, and Mustafa Barzani flees to the Soviet Union.

    1951 - A new generation of Kurdish nationalists revives the KDP. Mullah Mustafa Barzani is nominated president while in exile in the Soviet Union, but the real leader of the KDP is Ibrahim Ahmad, who favours close ties with the Iraqi Communist Party.

    1958 - Overthrow of the Iraqi monarchy allows Kurdish nationalists to organise openly after many years in hiding. A new Iraqi constitution recognises Kurdish "national rights" and Mullah Mustafa Barzani returns from exile.

    1960 - Relations between the Iraqi government and Kurdish groups become strained. The KDP complains of increasing repression.

    1961 - KDP is dissolved by the Iraqi government after Kurdish rebellion in northern Iraq.

    Autonomy granted

    1970 March - Iraqi government and the Kurdish parties agree a peace accord, which grants the Kurds autonomy. The accord recognises Kurdish as an official language and amends the constitution to state that: "the Iraqi people is made up of two nationalities, the Arab nationality and the Kurdish nationality."

    1971 August - Relations between the Kurds and the Iraqi government deteriorate. Mullah Mustafa Barzani appeals to the US for aid.

    1974 March - Iraqi government imposes a draft of the autonomy agreement and gives the KDP two weeks to respond. Mullah Mustafa Barzani rejects the agreement, which would have left the oilfields of Kirkuk under Iraqi government control, and calls for a new rebellion.

    1975 March - Algiers Accord between Iran and Iraq ends Iranian support for the Kurdish uprising, which collapses. Barzani withdraws from political life.

    1975 June - Jalal Talabani, a former leading member of the KDP, announces the establishment of the Patriotic Union of Kurdistan (PUK) from Damascus.

    1978 - Clashes between KDP and PUK forces leave many dead.

    1979 - Mullah Mustafa dies, his son Massoud Barzani takes over the leadership of the KDP.

    Iranian involvement

    1980 - Outbreak of war between Iran and Iraq. KDP forces work closely with Iran, but the PUK remains hostile to cooperation with Tehran.

    1983 - An Iranian counterattack opens a northern front in Kurdish northern Iraq. With support from KDP fighters, Iranian troops take the key town of Hajj Umran. Human rights organisations say Iraqi troops killed around 8,000 men from the KDP leader's home area of Barzan in revenge.

    1983 - PUK agrees to a ceasefire with Iraq and begins negotiations on Kurdish autonomy.

    1985 - Under increasing Iraqi government repression, the ceasefire begins to break down. Pro-Iraqi government militia men kill Jalal Talabani's brother and two nieces.

    1986 - Iranian government sponsors a meeting reconciling the KDP and PUK. Now both major Kurdish parties are receiving support from Tehran.

    1987 - Jalal Talabani and Massoud Barzani join forces with a number of smaller Kurdish factions to create the Kurdistan Front.

    1988 - As the Iran-Iraq war draws to a close, Iraqi forces launch the "Anfal Campaign" against the Kurds. Tens of thousands of Kurdish civilians and fighters are killed, and hundreds of thousands forced into exile, in a systematic attempt to break the Kurdish resistance movement.

    1988 16 March - Thousands of Kurdish civilians die in a poison gas attack on the town of Halabjah near the Iranian border. Human rights watchdogs and Kurdish groups hold the Iraqi regime responsible.

    1991 March - After the expulsion of Iraqi troops from Kuwait in March 1991, members of the pro-government Kurdish militia, the Jash, defect to the KDP and PUK, but the uprising grinds to a halt and US-led forces refuse to intervene to support the rebels. Around 1.5 millions Kurds flee before the Iraqi onslaught, but Turkey closes the border forcing hundreds of thousands to seek refuge in the mountains.

    Safe Haven

    1991 April - Coalition forces announce the creation of a "safe haven" on the Iraqi side of the border. International aid agencies launch a massive aid operation to help the refugees. Meanwhile, Jalal Talabani and Massoud Barzani open negotiations with Saddam Hussein on autonomy for Kurdistan.

    1991 July - Talks continue in Baghdad, but Kurdish peshmerga forces take control of Irbil and Sulaymaniyah, in defiance of Iraqi government orders.

    1991 October - Fighting between Kurdish and Iraqi government forces breaks out in earnest. Saddam Hussein fortifies the border of Kurdish-held northern Iraq and imposes a blockade.

    1992 May - Elections held in areas under Kurdish control give KDP candidates 50.8% of the vote, while the PUK takes 49.2%. The two parties are equally balanced in the new Kurdish government.

    1992 September - Newly-established Iraqi National Congress (INC), which brings together a wide-range of Iraqi opposition groups, meets in Salah-al-Din in the Kurdish-held north. KDP and PUK representatives take part.

    1994 May - Clashes between KDP and PUK forces spill over into outright civil war. The PUK captures the towns of Shaqlawah and Chamchamal from the KDP.

    1996 May - UN agrees "Oil-for-Food" programme with Baghdad; 13% of the proceeds from Iraqi oil exports are earmarked for the three northern governorates, which are largely under Kurdish control.

    1996 August - Masoud Barzani appeals to Saddam Hussein for help to defeat the PUK.

    1996 September - With the help of Iraqi government troops, KDP forces seize the northern city of Irbil and take the PUK stronghold of Sulaymaniyah. A new KDP-led government is announced at the parliament building in Irbil.

    1996 October - PUK forces retake Sulaymaniyah.

    1997 January - PUK announces a new government based in Sulaymaniyah. Both the PUK and KDP claim jurisdiction over the whole of the Kurdish-controlled north.

    1998 September - Jalal Talabani and Masoud Barzani sign a peace agreement in Washington, but government of the Kurdish region remains split between the two rival administrations.

    2000 November - In a letter to the United Nations secretary-general, the PUK accuses the Iraqi government of expelling Kurdish families from Kirkuk.

    2001 September - Fighting breaks out between the PUK and the Islamic fundamentalist group Jund al-Islam, later renamed Ansar al-Islam.

    Moves Toward Unity

    2002 June - PUK and KDP officials take part in joint discussions with other Iraqi groups aimed at coordinating the work of the opposition in the event of a US-led military campaign against Iraq.

    2002 October - Joint session of the Kurdish parliament convenes in Irbil. KDP and PUK parliamentarians agree to work together during a "transitional session" until new elections can be held.

    2003 February - US Secretary of State Colin Powell accuses Iraqi Kurdish Islamist group Ansar al-Islam of playing a pivotal role in linking Osama Bin Ladin's al-Qaeda network with the Iraqi regime.

    2003 February - Kurdish leaders reject proposals to bring Turkish troops into northern Iraq as part of a US-led military campaign to oust Saddam Hussein. Anti-Turkish demonstrators take to the streets of Kurdish towns.

    2003 February - Failure of a parliamentary bill allowing US troops to deploy on Turkish soil hits American plans to open a northern front against Iraq.

    2003 3 March - KDP and PUK create a "joint higher leadership" in the Kurdish-held north, under the chairmanship of the two party leaders, Massoud Barzani and Jalal Talabani.

    US-Led Campaign Against Iraq

    2003 20 March - US-led coalition forces invade Iraq and begin bombardment of Baghdad and other cities. Mosul and Kirkuk near the Kurdish enclaves come under heavy fire.

    2003 22 March - Coalition forces launch Cruise missile attack on bases held by Ansar al-Islam in the north. Dozens killed in the headquarters of the Islamic Group, an unrelated radical Islamist faction when a missile hits the Khormal area.

    2003 27 March - Hundreds of US paratroopers land near Irbil, signalling the opening of a northern front in the war on Iraq.

    2003 9 April - US forces advance into central Baghdad. Saddam Hussein's grip on the city is broken. In the following days Kurdish fighters and US forces take control of the northern cities of Kirkuk and Mosul.

    2003 July - Interim governing council (IGC) meets for first time. Saddam's sons Uday and Qusay killed in gun battle in Mosul.

    2004 1 February - At least 56 people die and more than 200 people are injured after a double suicide bombing at the offices of the two main political Kurdish parties in the northern city of Irbil. Several senior political figures are among the dead.

    2005 January - An alliance of Kurdish parties comes second in Iraq's landmark national election, sending 77 deputies to an interim parliament.

    2005 April - PUK leader Jalal Talabani is elected as interim Iraqi president by MPs.

    2005 May - At least 50 people are killed in a suicide bomb attack on police recruits in Irbil.

    Kurdish Parliament

    2005 June - First session of Kurdish parliament held in Irbil; KDP's Massoud Barzani is president of autonomous region.

    2005 December - News that a foreign firm has begun drilling for oil in the Kurdish north sparks new fears of secession among Iraqi Sunni leaders. Kurdish authorities later report a "major discovery" of oil.

    2006 September - Massoud Barzani orders the Iraqi national flag be replaced with the Kurdish one in government buildings. But Iraq's Prime Minister Nuri al-Maliki says: "The Iraqi flag is the only flag that should be raised over any square inch of Iraq."

    2006 September - Five blasts caused by one suicide truck bomb and four car bombs kill 23 people in Kirkuk.

    The BBC's Newsnight programme reports that former Israeli commandos secretly trained Kurdish soldiers in Northern Iraq to protect a new international airport and in counter-terrorism operations.

    2007 April - The head of Turkey's military says his country should launch an operation against Kurdish guerillas based in northern Iraq.

    2007 May - The Kurdish regional government takes over responsibility for security in the three Kurdish provinces from the US forces.

    2007 July - Human Rights Watch gives details of torture and abuse in prisons run by the Kurds in the Kurdish area of northern Iraq.

    2007 August - At least 300 people are killed in a series of bomb attacks on members of the Kurdish Yazidi sect in northern Iraq.

    2007 September - Iran shells rearbases of Kurdish rebels in Iraqi Kurdistan.

    Iran closes its border with Iraqi Kurdistan to protest at the detention of an Iranian by US troops.

    Turkish Attacks

    2007 October - Turkish parliament gives go-ahead for military operations in Iraq in pursuit of Kurdish rebels. Turkey comes under international pressure to avoid an invasion.

    2007 December - Turkey launches air strikes on fighters from the Kurdish PKK movement inside Iraq.

    2008 February - Turkish forces mount a ground offensive against PKK Kurdish rebel bases in northern Iraq.

    2008 September - Iraqi parliament passes provincial elections law. City of Kirkuk, claimed by Kurdistan Region, is excluded from provisions of law until its status is settled.

    2009 April - Turkish warplanes bomb PKK Kurdish rebel positions in northern Iraq after Turkey accused the group of killing Turkish soldiers in two attacks.

    2009 June - The Kurdish government begins crude oil exports to foreign markets. Contractors are to pump 90,000-100,000 barrels a day from two northern oilfields to Turkey. The central government is allowing its pipeline to be used in return for a share of revenues.

    2009 July - Massoud Barzani is re-elected as president of Kurdish autonomous region.

    Ruling two-party coalition wins parliamentary election, but with reduced majority. Recently-formed group Change Movement (Gorran) wins 25 seats in 111-seat regional parliament.

    2011 February - Public protests against corruption and power held by KDP and PUK start in Sulaymaniyah city, heartland of opposition Change Movement; at least two protestors killed.

    2011 August and October - Turkey launches air and ground assaults on PKK militants in Iraqi Kurdistan.

    2012 April/May - Oil exports from Iraqi Kurdistan are halted amid a row with central government over contracts with foreign firms. The region says it expects to start exporting oil via a new pipeline to the Turkish border in 2013.

    2012 June - Turkish air force strikes at Kurdistan Workers' Party (PKK) rebel bases in northern Iraq days after eight Turkish soldiers are killed in a PKK attack in southern Turkey.

    2012 September - Turkish air force says it kills 25 PKK rebels in further strikes on bases in northern Iraq.

    2012 December - Jalal Talabani, Iraq's Kurdish president, suffers a stroke. He undergoes treatment in Germany and makes progress.

    2013 April - At least 31 people are killed and more than 200 others wounded in explosions in cities across the country, including Kurdistan.

    2013 June - Iraqi cabinet holds a meeting in Iraqi Kurdistan in a symbolic effort to reduce tensions over a range of political and economic disputes.

    2013 May - Flood of refugees from Syria prompts authorities to shut the border temporarily.

    2013 September - Regional parliamentary elections.
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    Stryker Blog Update 09/23/2013

    Post by Admin on Mon Sep 23, 2013 11:56 pm

    Stryker Blog Update

    09/23/2013




    Stryker Blog 09.23.2013 WTO

    World Trade Organization (WTO), where are they with this?

    In my research I believe Iraq has the following issues that they needed enacted or resolved before they would become a full members of the WTO.

    WTO – Final Stages

    Debt Arrangements

    International Covenants – Economic & Humanitarian

    Protection of Products

    Tariffs Laws
    ...

    I will take one at a time to show you how very close Iraq is in full accession into the WTO right now.

    Debt Arrangements – I believe that Iraq has completed their needed debt arrangements to Brazil, Saudi Arabia and others based on a few telling articles.

    First: Foreign Minister Hoshyar Zebari had a meeting September 11th with the Executive Director of the Compensation Committee at the United Nations where he declared Iraq’s desire in paying the total amount of $10 billion owed to Kuwait.

    A quote that came out of this meeting: "During the meeting, Iraq's efforts in fulfillment of its obligations to pay the remaining compensation to Kuwait."

    Link: ARTICLE OF THE DAY-Zebari discuss with the United Nations, Iraq's efforts to fulfill its obligations to Kuwait

    Why didn’t Iraq just pay the Kuwait’s in June and get completely out of Chapter VII then, get complete control over all the frozen assets and be able to protect their money as a free sovereign country?

    The answer is simple, Iraq needed to know where they were with these other countries, they needed to make arrangements with them or they would be subject to international law suits from these creditors.

    Iraq needs a positive relationship with all countries not a negative ones, everyone wants a piece of Iraq and Iraq knows this, so Iraq knew they could arrange something. Iraq wants investors from all over the world, we know this from all the articles we read.

    The WTO has even stated that Iraq needs their debt arranged prior to full accession.

    At first I thought Iraq was hanging on to as much money as they could to help back their new currency, they already had a deal with Kuwait so why write such a big check but now I believe it was in case they needed funds to help settle these other debts. See they already made a deal with Kuwait in where Iraq would have Kuwait paid off by 2015.

    I will refer you to the stakeout press conference that Zabari gave right after that U.N. assembly Meeting: H.E. Mr. Hoshyar Zebari (Iraq), Security Council media stakeout (27 June 2013)

    Zabari quote: there is no dispute over this, IF we were to pay it as normal we would have it paid by 2015. LINK

    So why the full payment now? Why after just a few months is Iraq willing to write the now $10 billion dollar check?

    This brings me to my second point, Brazil is an example of my points above. Brazil was one country that Iraq owed money to which was not part of the Paris Club debt arrangements but both countries formed a joint committee right after Iraq was released from Chapter VII June 27th of this year..

    Note: Iraq is not completely out of Chapter VII until the Kuwaiti debt has been paid in full, until then Iraq still remains in Chapter VII but all restrictions were moved to Chapter VI until the war compensation has been paid.

    My research shows that Iraq must make all debt arrangements prior to changing Iraq’s monetary framework also. The Paris Club was a big part of this but there were still other countries that did not belong to the Paris Club that needed debt arrangements made.

    Either pay these countries in full, do a currency swap, bilateral arrangements thru investments opportunities or a payment plain was needed. It is my belief through this research that until Iraq made deals with these remaining countries they would continue to pay Kuwait their 5% of oil revenue each quarter.

    This next article from today shows both that Iraq and Brazil have made an economic relationship and that it is important to Iraq’s full accession into the WTO..

    Quote: The Ministry of Trade discussed with a Brazilian economic delegation the means to promote the mutual economic relations and the accession of Iraq to the World Trade Organization.

    Trade with Brazilian delegation economic relations and the_possible accession of Iraq to the World Trade Organization LINK

    With this I believe Iraq could pay Kuwait in full by the end of September or the first week in October and all other debt is arranged.

    International Covenants – Economic & Humanitarian

    Economic, Maliki & the Council of Ministers approved the Economic Reform Law August 13 and is going to parliament soon for their vote and approval. This one we are keeping our eyes on and will report any findings as they come in.

    Humanitarian, the humanitarian laws are in parliament now, I will point you to Tuesday’s and Thursday’s Parliament agenda’s on these.

    Tuesday September 24th:

    10: Statement of the Commission on Human Rights on events of prison ridge.

    12: The first reading of the draft law of the Republic of Iraq’s accession to the Hague Convention on the Civil Aspects of International Child Abduction. (Foreign Relations Committee, the Legal Committee, the Committee on Women, Family and Children). (2 items).

    Thursday September 26th:

    Sixth: the first reading of the proposed law on the right of access to information. (Committee on Culture and Information, the Legal Committee, the Commission on Human Rights, the Commission on Security and Defense, the Integrity Committee). (36 items).

    Last parliament meetings we read where other human rights laws were passed.

    Here is where we tie in the WTO to these Covenants and where I showed what these Covenants meant to the WTO and U.N. Links to explain the Convents included by going to the following link:

    Stryker Blog 09.04.2013: Connecting Dots

    Protection of Produces – Iraq needs to protect their products coming into their country and the products that will be exported out of Iraq through produce taxes and fees. Well I believe that they have made the biggest move in that direction by implementing their Tariffs, which brings us to the last stage in what I have brought here today.

    Tariffs – The tariffs are the taxes and fees and the Tariffs Laws have been published in the Gazette, from the way I understand it, they are to be implemented in three stages from the date of June 30th, 2012 and not the date that they were published, Friday September 20th.

    Posted laws in the Gazette for Friday 9-20-2013

    Legal Library Iraqi Local Governance

    Law of the Republic of Iraq's ratification of the UN Convention on the Prohibition of the Comprehensive Nuclear-Test for the year 1996 (88) for the year 2012 Arab Photo legislation original 20 September 2013

    Council of Ministers Resolution No. 352 for the year 2013 and amending the salaries of public sector employees Arab Image legislation original 20 September 2013

    Doctors Protection Law No. (26) for the year 2013 Arab Law of 20 September 2013

    Doctors Protection Law No. (26) for the year 2013 Arab Image legislation original 20 September 2013

    Social Welfare Act No. 126 of 1980 (as amended) Arab Law of 20 September 2013

    Order of the Coalition Provisional Authority (dissolved) No. 38 for the year 2003 reconstruction levy Arab Law of 20 September 2013

    Order of the Coalition Provisional Authority (dissolved) No. 38 for the year 2003 levy reconstruction image of Arab legislation original 20 September 2013

    Customs tariff law No. (22) for the year 2010 average Arab Law of 20 September 2013

    WTO is the key to Iraq’s re-entry into the Global Markets by the way of a real convertible currency and in my opinion the key to the revaluation of the Iraq dinar.

    So it is my opinion that the full payment to Kuwait is the last thing left in seeing Iraq obtain their full accession and what we have been waiting on for so long.

    The payment also gives Iraq all their assets, I will cover this tomorrow.

    More on this on my show today. Have a great weekend, Stryker







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    BRICS plan new $50bn bank to rival World Bank and IMF 9/24/13

    Post by Admin on Tue Sep 24, 2013 5:48 pm

    Family this is a old article,but I want you to study these countries for future investment opportunities.
    PROPHET SIMMONS


    KEEP IN MIND...INFORMATION RELEASED IN MARCH Correlating it to Meetings going on this summer....

    BRICS plan new $50bn bank to rival World Bank and IMF
    Published time: March 26, 2013 10:47

    Edited time: March 27, 2013 15:34
    Image
    Delegation leaders from countries participating in the emerging economies association BRICS: Brazil's President Dilma Rusef, Russian President Vladimir Putin, Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao and South African President Jacob Zuma (from left) at a photograph session (RIA Novosti/Aleksey Nikolskyi) Delegation leaders from countries participating in the emerging economies association BRICS: Brazil's President Dilma Rusef, Russian President Vladimir Putin, Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao and South African President Jacob Zuma (from left) at a photograph session (RIA Novosti/Aleksey Nikolskyi)
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    BRICS, Currencies, Regional development
    The ‘big five’ of the developing world, the BRICS nations, have agreed to create their own version of the World Bank at their fifth annual summit, which kicked off Tuesday in sunny Durban, South Africa.

    The five BRICS states agreed to establish the BRICS Development Bank, South African Finance Minister Pravin Gordhan said on Tuesday.

    The move is linked to the developing world’s disillusionment with the status quo of world financial institutions. The World Bank and IMF continue to favor US and European presidents over BRICS nations, and in 2010, the US failed to ratify a 2010 agreement which would allow more IMF funds to be allocated to developing nations.

    "Not long ago we discussed the formation of a developmental bank... Today we are ready to launch it," South African President Jacob Zuma said on Monday.

    The ‘big five’- Brazil, Russia, India, China, and its newest addition, South Africa, come together for the annual conference this year in Durban, South Africa in hopes of establishing a new development bank which will fund infrastructure and development projects in the five member states, and will pool foreign currencies to fend off any impending financial crisis.

    The BRICS have called for a reconstruction of the World Bank and IMF, which were created in 1944, and want to put forth their own ‘Bretton Woods’ accord. And they are serious.

    "Brics is not a talk show. It is a serious grouping," Zuma told reporters at the presidential guest house in Pretoria.

    The new bank will cater to developing world interests and will symbolize a great economic and political union.

    “There’s a shift in power from the traditional to the emerging world. There is a lot of geo-political concern about this shift in the western world,” Martyn Davies, chief executive officer of Johannesburg-based Frontier Advisory, told Bloomberg.

    “A future BRICS Investment Bank is seen as a mechanism that would help realize where money should go, agree development strategies and coordinate investment," explained Georgy Toloraya, the executive director of Russia’s national committee for BRICS studies to SA News.

    In its nebulous stage, the new BRICS bank is unanimously supported by all five member states. In Durban, problems will arise on how to govern, fund, and operate the grand venture.

    “When you set up a bank like this it’s not just a question of opening the doors. There are some issues about where it is going to be located, what the capital contributions are going to be, the rules of deploying that investment. These are the sort of details that are in various stages of discussion and negotiation,” said South African Trade Minister Rob Davies, in a statement.

    The leaders may not reach a specific agreement in Durban this week, as each country has its own stipulations on its creation. Russia, for example, wants to cap each side’s initial contribution to $10 billion, according to Mikhail Margelov, part of President Putin’s team in South Africa.


    Emergency Currency Fund
    Pooling currency to deflect a future crisis is also a high priority topic set for the conference.

    Once a loose political affiliation, the BRICS bloc is now a serious economic contender in the world economy, representing 40% of the world’s population, and accounting for one fifth of global GDP.

    Between the five countries, the bloc holds foreign-currency reserves of $4.4 trillion, and needs an institution to safeguard this amassing wealth. The reserve will also protect members from short-term liquidity volatility and balance-of-payment problems.

    Presently, it is proposed the member states contribute an equal share to the fund, but there is still dispute over whether to involve IMF management. India has voiced support for IMF involvement, but other BRICS countries may resist.

    “A reserve pool, I think, is still some way off, ” said Davies.

    In October, Brazilian Finance Minister Guido Mantega suggested the pool be modeled after the Chiang Mai Initiative, which provides a financial safety blanket to south east Asian countries.

    Trade within the group swelled to $282 billion last year and could very well reach $500 billion by 2015, according to Brazilian government data.

    Currency swap
    Meanwhile, ahead of the official opening of the summit Finance ministers Lou Jiwei of China and Guido Mantega of Brazil signed a multi-billion currency swap agreement between their countries as the BRICS group works to lessen trade dependence on the US dollar and the euro.

    Brazil's Mantega said the agreement involves using local currencies for up to $30 billion of trade with China, nearly half its annual $75 billion trade with Beijing.

    "Our memorandum is a kind of umbrella agreement in the context of a closer relationship with China in the finance, economic, commercial and border areas," Guido Mantega said.

    As the financial crisis continues to rage across the eurozone and the developed countries show little signs of growth, the World Bank says that global economic growth is increasingly dependent on the BRICS countries, which account for 27% of global purchasing power and 45% of the world's workforce.

    Many Firsts
    The conference is a benchmark of many firsts. It is the first time the conference has been held on South African soil.

    For China, it is President Xi’s first visit to South Africa, where China is a leading trading partner and investor. In 2012, the trade between the two countries was 201bln ZAR ($21bln), according to the South African Revenue Service.
    Image

    June 18, 2012. Delegation leaders from countries participating in the emerging economies association BRICS: Brazil's President Dilma Rusef, Russian President Vladimir Putin, Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao and South African President Jacob Zuma (from left) at a photograph session during a meeting at the hotel "One and Only Palmilia" in Los Cabos, Mexico.(RIA Novosti / Aleksey Nikolskyi)June 18, 2012. Delegation leaders from countries participating in the emerging economies association BRICS: Brazil's President Dilma Rusef, Russian President Vladimir Putin, Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao and South African President Jacob Zuma (from left) at a photograph session during a meeting at the hotel "One and Only Palmilia" in Los Cabos, Mexico.(RIA Novosti / Aleksey Nikolskyi)

    The conference is also President Vladimir Putin’s first international visit in 2013.

    For South Africa, which makes up just 2.5% of total gross domestic product in BRICS, the summit is a way to showcase its role as an investment gateway to Africa. South Africa is the newest and smallest member of the BRIC bloc. It has the 28th highest ranked GDP in the world: China is 2nd, Brazil 6th, Russia 9th and India 10th.
    http://rt.com/business/bank-rival-imf-world-852/
    "Follow the money" on a macro scale. When RV hits, study these places for investments.

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    TUESDAY EVENING NEWS 9/24/13

    Post by Admin on Wed Sep 25, 2013 9:20 pm

    Bankers: high cash reserve enhances the value of the dinar

    09/25/2013 12:00 AM

    BAGHDAD - Farah pumice
    confirmed experts and specialists, bankers high cash reserves of the Central Bank is a cover of the Iraqi dinar, enhances the value and gives the amount supreme confidence in the Iraqi market by local investors or foreigners.

    comes a day after the Central Bank and the arrival of reserves of foreign currency and gold about $ 80 billion, expected to increase over the coming months.

    banking expert and executive director of the Association of private banks in Iraq, Abdul Aziz Hassoun said in a statement (morning): "The arrival of the cash reserve to figure this enhances the value of the Iraqi dinar and ensure that traders do and holders upon trust and power , as he is a cover of a real currency. "said Hassoun that" when you are in Iraq thus guarantees will be provided external actors to cooperate with this country and invest in it, "as it is considered an important indicator, and gives the amount of the top of the confidence in the Iraqi market for traders with dealers and contractors and equipped foreigners. called expert competent authorities to encourage citizens to save through awareness programs contribute to the definition of Iraqi citizens how to trade and save the dinar, to coincide with the increase in salaries and incomes that are not accompanied by an increase in savings through incentives rewarding urges to keep dinar and do not waste it random spending is not feasible. It is said that the central bank governor Agency Abdul Basit Turki said in a press statement that the reserves the central bank of foreign exchange and gold has reached about $ 80 billion, pointing out that the increase this financial reserve resulting from the increase in international prices of crude oil, especially that it was at about $ 74 billion in June, expected at the same time that increases the reserve during the next few months in order to increase oil prices, as it depends upon the country in its budget public.

    Iraq has the fourth largest oil reserves in the world and relies on 95 percent of its annual budget on oil exports , and currently produces about two million and 900 thousand barrels per day, while the issue up to 2.0002 million barrels per day.

    For his part, he saw a member of the Finance Committee parliamentary MP Abdul Hussein al-Yasiri This reserve impact positively on the national economy, which is important in tough times, returned him instrumental to raise the level of the economy, and noted that Iraq is moving toward the countries whose economies are robust.

    said Yasiri in a statement to the (morning) that "there is reassurance psychologically in this regard, as it indicates that the economic situation is reassuring, and thus trading and investment would be prudent, as well as that the country would be a good environment to attract investors. "

    said a member of the Commission that there are two factors encourage investment in Iraq, the first exit from Chapter VII, as she was the investment companies aggregated approximately 35-45 percent of the investment, which is called the cost of Iraq, as it was canceled after out of the pain of this chapter, either Group II, it is good assets in central banks in the country, making the arrival of the financial reserve to $ 80 billion, meaning that the Iraqi economy is healthy.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55077


    Sale of crude oil in local currency


    09/25/2013 12:00 AM

    BAGHDAD - morning

    said researcher economic state fair: that of Iraq to sell crude oil in local currency depends on the stability of the general situation of the country as well as the stability of the dinar exchange rate and recorded as currency global.

    said in a statement (morning) that the moment is appropriate to take such a step because stability currency linked to the stability of the economic situation and the country's public, as well as that any fluctuation is happening in global oil prices will directly affect the value of the Iraqi currency.

    , and pointed out that the registration dinar currency global makes it vulnerable to speculation and subject to fluctuation between high and low price in the global markets as may be reflected in the value of true in the internal business dealings in particular, and he covered 80 billion dollars.

    was a member of the Economic Committee the Nora Albjara parliamentary suggested earlier sale of crude oil in Iraqi dinars instead of dollars, to support the local currency and increase its value against foreign currencies. The Bijari indicated that the central bank does not agree to the sale of oil in Iraqi dinars for fear of fraud in the local currency.



    House of Representatives vote on the two bills and raise its until next Thursday

    9/24/2013 | (Voice of Iraq) - Add a comment -


    Alsumaria News / Baghdad raised the Presidency of the Council of Representatives, on Tuesday, the Council meeting of 20 until next Thursday, with a parliamentary source said that the meeting witnessed a vote on the two bills. source said in an interview for "Alsumaria News" that "the House of Representatives lifting its 20th legislative term The first legislative year fourth, which was held today, to next Thursday, "noting that" The session saw the vote on the proposed law to reverse the decisions of the Revolutionary Command Council (defunct) numbered (1021) for the year 1983 and (197) for the year 1994 and (145) for the year 2001, and to vote the draft law on civil defense. " said the source, who requested anonymity, that "the Council voted to reject a draft law amending the Penal Code No. (111) for the year 1969 and the report of the Legal Committee," noting that "the meeting saw the second reading of the draft law on ratification of the Treaty of friendship, partnership and cooperation between the Government of the Republic of Iraq and the Government of the Italian Republic. " the source continued that "the Council saw the second reading of the draft law on ratification of the Convention on Economic and Technical Cooperation between the Government of the Republic of Iraq and the Government of the Republic of South Africa." The House of Representatives held its 20th legislative term of the first legislative year Fourth headed by Speaker Osama Najafi, and the presence of 215 deputies, with a parliamentary source said that the meeting will vote on the draft law amending the Penal Code and the proposed law to reverse the decisions of the Revolutionary Command Council (defunct) and civil defense bill.



    Read more: http://www.sotaliraq.com/mobile-news.php?id=117602#ixzz2fqip3pGf


    Iraq: Sadr ends political isolation

    Image
    Sadr Movement leader returns to Najaf, renews argument with Ahl Al-Haq Movement
    Iraqi Shiite cleric Moqtada al-Sadr speaks during a news conference in Arbil, about 350 km (220 miles) north of Baghdad April 26, 2012. (Reuters)




    Baghdad, Asharq Al-Awsat—One day after Moqtada Al-Sadr announced the end of his self-imposed exile from Iraqi politics, arguments erupted between the Sadr Movement and Qais Al Khazali’s Ahl Al-Haq group which broke away from Sadr’s Mahdi Army in 2007.

    The arguments started following an announcement of the defection of 150 members of the Ahl Al-Haq Movement, and their return to the Sadr Movement, where they were warmly welcomed by Moqtada Al-Sadr in Najaf.

    While the Sadr Movement avoided mention of the welcome afforded to the defecting members of Ahl Al-Haq, who last year laid down arms and joined the political process, a source within the Sadr Bureau in Najaf said Moqtada Al-Sadr had returned to Iraq from Qom in Iraq and was preparing to meet with supporters.

    On August 19, hundreds of supporters of the Sadr Movement leader announced the renewal of their allegiance to the Sadr clan in Najaf, and called on their leader Moqtada to “reverse his decision to retire from political duties,” adding this has caused an “imbalance” in Iraqi politics, claiming that Sadr served as a “safety valve” for all Iraqis.

    For his part, Jawad Al-Jubouri, member of the Sadrist Al-Ahrar parliamentary bloc, informed Asharq Al-Awsat: “Moqtada Al-Sadr is a descendant of the prominent family which made great sacrifices for their religion and country and he would never abandon his supporters under any circumstances.”

    He added that “Sadr was never too far away from the religious seminaries’ or political affairs. He was always present and close by,” and that “all those who gambled on Sadr having retired have now lost that bet.”

    Ahl Al-Haq Movement, meanwhile, denied that any of its members had defected to the Sadr Movement. Official Spokesman Ahmed Ali Al-Asadi told Asharq Al-Awsat hat “reports about the defection of more than 150 Ahl Al-Haq members are totally untrue.”

    “We looked at the recordings of these members and after checks, we found that some of these people were unknown to us and that they were members of the Mahdi Army. Some of them were even dismissed by the Mahdi Army according to reports from their areas and it seems that they had been allowed back in the Mahdi Army, which is an internal matter that has nothing to do with us,” Asadi added.

    Asadi said that the Ahl Al-Haq Movement is in good shape and that “all its members are united, and therefore, we look at such reports as being an attempt to cause political damage.”

    Sadr publicly criticized Ahl Al-Haq a few months ago for establishing stronger ties with the State of Law Coalition, led by under-fire Iraqi Prime Minister Nuri Al-Maliki.


    http://www.aawsat.net/2013/09/article55317714


    IRS rides 1884 'dead horse' law to defense of tax preparer rules


    Patrick Temple-West, Reuters

    5 minutes ago

    The Obama administration on Tuesday defended its effort to regulate the tax return preparation business for the first time in U.S. history, basing its case largely on a 19th century law dealing with horses lost or killed in the Civil War.

    At an appellate court hearing on a challenge brought by libertarian lawyers challenging the administration, Justice Department Tax Division lawyer Gilbert Rothenberg said: "I hate to beat a dead horse, especially one from the Civil War era."

    But he explained that the administration sees the "Horse Act of 1884" as providing ample authority for the U.S. Internal Revenue Service to regulate the tens of thousands of preparers who fill out millions of Americans' federal tax returns.

    A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit heard the administration's argument. Rothenberg said the IRS should be allowed to force tax return preparers — who are now unregulated — to pass a competency test and take annual continuing education classes.

    But the Institute for Justice, a libertarian advocacy law firm, disagreed.

    "Congress never gave the IRS authority to regulate tax preparers," said Dan Alban, an attorney for the institute.

    The case has broad implications for the industry, which includes H&R Block Inc., a few mid-tier companies and thousands of tiny, mom-and-pop firms.

    A decision from the judges is still months away. In oral arguments, the judges — all appointed by Republican presidents — gave no clear sign of how they will rule, yea or neigh.

    But they did question why the IRS was citing an 1884 law to justify trying to police tax return preparers in 2013.

    Legal representation at issue

    After the Civil War, many Americans brought war loss claims against the U.S. government, often for dead or missing horses.

    A post-war industry emerged of agents who would press war loss claims for a fee, usually a percentage of the claim collected. Soon, claim values were being fraudulently inflated.

    In response, the government started regulating these intermediaries, barring unscrupulous ones and certifying honest ones as "enrolled agents," a title that is still used today by people who represent clients in matters before the IRS.

    The IRS is arguing that tax return preparers represent their customers in much the same way that enrolled agents do, so the agency should be able to expand regulation to include preparers.

    But the Institute for Justice is arguing that tax return preparers do not carry out the same level of representation, but rather merely provide a paid service for clients.

    "Preparing a tax return is not a representative act," Alban said. "It is performing a service, certainly, but there's no representation."

    More than 78 million Americans in 2011 paid someone to prepare their tax returns. The industry posted estimated revenue this year of $9.4 billion.

    The Institute sued in March 2012 to block the IRS's regulations and won a district court ruling in January halting parts of the agency's program. The IRS appealed.

    The case is Sabina Loving et al v. Internal Revenue Service, U.S. Court of Appeals for the District of Columbia Circuit, No. 13-5061.

    http://www.nbcnews.com/business/irs-rides-1884-dead-horse-law-defense-tax-preparer-rules-8C11250210?ocid=twitter


    Sheikh Jaber''s meeting with Iraqi VP within bilateral ties progress - FM


    25/09/2013 | 01:03 AM | Kuwait News
    تصغير الخطتكبير الخط
    UNITED NATIONS, Sept 24 (KUNA) -- The meeting between Representative of His Highness the Amir, HH the Premier Sheikh Jaber Mubarak Al-Hamad Al-Sabah with Iraqi Vice President Khudheir Al-Khuzaie was to build up on progress in bilateral relations, Deputy Premier and Foreign Minister Sheikh Sabah Khaled Al-Sabah said Tuesday.
    "International observers acknowledged that the thriving Kuwaiti-Iraqi relations are currently the most positive amid international relations, while other indications are not as so," Sheikh Sabah told Kuwait News Agency (KUNA) and KTV after the meeting.
    The meeting took place on the sideline of the 68th UN General Assembly at the Permanent Mission of the State of Kuwait to the UN.
    "We are pleased with what is achieved so far concerning bilateral relations, as this visit is seen as a strong push towards improving the relations even more," said Sheikh Sabah.
    In this regard, the Kuwaiti top diplomat pointed out that four committee meetings will be held next October between the two countries, in addition to a higher ministerial meeting, to be co-chaired by foreign ministers of both countries in December in Kuwait.
    "We appreciate the constitutional ratification of bilateral relations by the Iraqi side, which would eventually lead to manifest cooperation on the ground," Sheikh Sabah said, recalling the recent visit of HH the Premier to Baghdad, which also contributed to furthering relations. (pickup prvious) hb.bs KUNA 250103 Sep 13NNNN


    http://www.kuna.net.kw/ArticleDetails.aspx?id=2335522&language=en


    KTFA STAFF:

    IMO.......We are too close to this blessing.

    You know I dislike banning anyone.

    But based on what I just read.......... Remove anyone that wants to leave.

    TY Kindly............. :handshake2:

    KTFA,


    Frank



    Amir''s representative meets Sri Lankan Pres.
    25/09/2013 | 01:04 AM | Kuwait News


    تصغير الخطتكبير الخط
    HH the Premier Sheikh Jaber Mubarak Al-Hamad Al-Sabah meets Sri Lankan President Mahinda Rajapaksa
    HH the Premier Sheikh Jaber Mubarak Al-Hamad Al-Sabah meets Sri Lankan President Mahinda Rajapaksa
    UNITED NATIONS, Sept 24 (KUNA) -- Representative of His Highness the Amir, HH the Premier Sheikh Jaber Mubarak Al-Hamad Al-Sabah met Tuesday with Sri Lankan President Mahinda Rajapaksa on the sideline of the 68th UN General Assembly.
    Distinguished bilateral relations and means to support them at all levels, as well as regional and international affairs and issues of mutual interest were discussed during the meeting. The meeting took place at the Permanent Mission of the State of Kuwait to the UN.
    The meeting was attended by Deputy Premier and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah and the official delegation accompanying Sheikh Jaber. (end) hb KUNA 250104 Sep 13NNNN


    http://www.kuna.net.kw/ArticleDetails.aspx?id=2335524&language=en



    Here's a sneak peek at the front page of the UK Financial Times - Wednesday, September 25

    https://twitter.com/FinancialTimes/status/382627735165599744/photo/1


    http://finance.yahoo.com/news/traders-got-no-taper-decision-162932169.html

    Some traders got 'no taper' decision news earlier
    Jay Mallin | Bloomberg | Getty Images

    In the wake of an unusual trading pattern after the Federal Reserve's decision to continue economic stimulus last week, Fed officials have contacted certain news organizations to discuss rules and procedures for the central bank's advance release of sensitive information, CNBC has learned.

    On Sept. 18, the Federal Reserve shocked the financial world with its decision not to scale back its level of support to the economy as most market participants expected.

    Financial markets reacted at the speed of light, pushing stocks dramatically higher in just moments. But it looks like the speed of light just wasn't fast enough for some traders.

    (Read more: No taper! Did Bernanke fool the Street? )

    Some traders in Chicago appear to have had access to the Fed's decision before anyone else in the Windy City. According to trading data reviewed by CNBC, they began buying in Chicago-traded assets just before others in that city could possibly have been aware of the Fed's decision. By one estimate, as much as $600 million in assets changed hands in the milliseconds before most other traders in Chicago could learn of the Fed's September surprise-a sharp contrast to the very low volume of trading ahead of the Fed's decision.

    Eric Hunsader, founder of the market analysis firm Nanex, first spotted the unusual trading pattern and alerted CNBC to it.

    It's not exactly clear how the information got to Chicago markets so quickly. But the Federal Reserve is concerned enough about the unusual event that it has begun discussions with news organizations. In response to specific questions about the unusual trading activity, the Fed released a statement to CNBC saying, "We will be conducting follow-up conversations with news organizations to ensure our procedures are completely understood."

    (more of article follows this)

    :typing:
    Kathy



    Image

    Secret Arms Deals/ Banking Cartels
    Date: 09-24-13 1am - 5am EST
    Host: George Noory
    Guests: _ V, Jim Marrs, Robert Plumlee
    First Half: Author and journalist Jim Marrs and CIA insider Robert "Tosh" Plumlee reveal secretive arms deals behind recent events.

    :surprised:
    2nd Half: Former commodities trader and contributor to private think tanks dealing with geo-strategic initiatives, "V," will discuss how the most powerful cartels in the world manipulate global events to increase the power of the Anglo-American banking system.
    :mula:

    Find a station in your area:
    http://www.coasttocoastam.com/stations

    :thumbsup:

    .
    .

    New $100 Bills Worth up to $15,000 (ABC News)

    .. .




    .
    .



    When the Federal Reserve Board releases its new, redesigned $100 bills on October 8, how much do you suppose they'll each be worth? For some of them, much more than $100.

    Depending on their serial numbers, their value to currency-collectors could go as high as $15,000 each, according to the Boston Globe.

    The Globe explains that collectors view certain 8-digit serial numbers as "fancier" (meaning more rare, and thus more collectible) than others. The fanciest numbers, according to collectors, include ones exceptionally low: A new $100 bill with the serial number 00000001, for example, might fetch up to $15,000.

    There will be more than one such bill, because each issuing Federal Reserve Bank prefaces the serial number with a letter code designating which bank produced the bill.

    Other types of "fancy" numbers are highly sought after. These include "ladders," which have their numbers in sequence (e.g., 87654321), "repeaters," which have two sets of the same four digits (e.g., 41124112), and "solids," which have eight of the same digit (e.g., 44444444).

    Dustin Johnston, director of currency for Heritage Auctions in Dallas, tells the Globe that other kinds of bills, regardless of their denomination or age, may also be collectible, depending on the fanciness of their serial numbers.

    Got a fancy-numbered bill? To find out what it's worth, you can contact Heritage Auctions or another auction house specializing in currency; or you can consult CoolSerialNumbers.com, which maintains a regularly-updated want list of numbers being sought by collectors.



    Finance parliamentary calls for the central bank to print a new currency with small groups to create a balance in the market

    Image

    BAGHDAD / News: demanded the parliamentary Finance Committee on Tuesday, the central bank to print a new currency with small groups to create a balance amount of categories in the Iraqi market.

    Committee member said Haitham al-Jubouri in an exclusive interview with the agency "News" that "the Commission recorded the existence of shortages of certain categories of the Iraqi currency, particularly small groups because of the speed of circulation and damage among the citizens."

    He Jubouri "on the central bank to head through the next few days to print currency with new categories of small, good quality for the purpose of creating a balance in the domestic market in quantities of dinars in circulation and damaged," noting that "the survival of health in a number of categories will reflect negatively on the economic reality and financial transactions in a specific country, the fact that Iraq quantities of paper money in circulation in the hands of the Iraqi citizen. "

    The International Monetary Fund (IMF) had announced (23 March 2013) that the preventive funds in the Development Fund for Iraq has risen in the year 2012 to $ 18 billion, and cash reserves of the Central Bank of hard currency to $ 70 billion.

    He pointed out that this increase came from the "oil revenues unexpected" and urged the Iraqi government to end the control of banks owned by the state of the banking sector, it stressed the need for Iraq to strengthen public financial institutions to ensure efficiency and transparency in the use of oil revenues.

    http://www.almalaf-news.com/ar/index.php?action=new&id=1744&title=%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9%20%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9%20%D8%AA%D8%B7%D8%A7%D9%84%D8%A8%20%D8%A7%D9%84%D8%A8%D9%86%D9%83%20%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A%20%D8%A8%D8%B7%D8%A8%D8%B9%20%D8%B9%D9%85%D9%84%D8%A7%D8%AA%20%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9%20%D8%B0%D8%A7%D8%AA%20%D9%81%D8%A6%D8%A7%D8%AA%20%D8%B5%D8%BA%D9%8A%D8%B1%D8%A9%20%D9%84%D8%AE%D9%84%D9%82%20%D8%A7%D9%84%D8%AA%D9%88%D8%A7%D8%B2%D9%86%20%D9%81%D9%8A%20%D8%A7%D9%84%D8%B3%D9%88%D9%82


    Talks Iraqi - Kuwaiti in New York

    25/9/2013 | (Voice of Iraq) - Add a comment -


    Met with Mr. Vice President, Dr. Khodair al and Foreign Minister Hoshyar Zebari, the Prime Minister of Kuwait, His Royal Highness Prince Sheikh Sabah Al-Ahmad Al-Sabah and Foreign Minister Sheikh Sabah Khaled Al-Sabah on the sidelines of meetings of the sixty-eighth session of the General Assembly on 24.09.2013,

    and During the meeting, brotherly relations between the two countries in the light of the withdrawal of Iraq from the provisions of Chapter VII of the UN Charter and the activation of joint committees between the two countries based on the decisions of the Joint Ministerial Committee. The two sides expressed their willingness to develop economic and trade cooperation and investment for the common interests and overcome the obstacles that stand in the way of cooperation, and agreed that the problems suffered from countries became part of the past and the efforts of the two countries and the two peoples and enjoy its bounties and wealth should be concentrated on the present and the future and for the welfare and well-being of future generations, and in a form which is reflected positively on the security, stability and sustainable development in the region as a whole


    Read more: http://www.sotaliraq.com/mobile-news.php?id=117635#ixzz2fs2dOYC9
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    WEDNESDAY NIGHT NEWS

    Post by Admin on Thu Sep 26, 2013 7:25 am

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    Ban welcomes signing of Arms Trade Treaty by majority of UN members, including US


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    US Secretary of State John F. Kerry signing Arms Trade Treaty. UN Photo/JC McIlwaine


    25 September 2013 – With 18 countries, including the United States, signing onto a new treaty regulating international trade in conventional arms today on the sidelines of the annual General Assembly high-level debate, Secretary-General Ban Ki-moon said that the total number of signatories now exceeded half of all United Nations Member States.

    “Today, a number of countries signed the Arms Trade Treaty, pushing the total number of signatures to more than half of all Member States,” Mr. Ban’s spokesperson said in a statement, noting that the Secretary-General, as depository of a treaty he deems important, welcomes every signature.

    “It is of particular significance that the largest arms exporting country in the world, the United States, is now also among those countries who have committed themselves to a global regulation of the arms trade,” the spokesperson stressed.

    Among other provisions, the new treaty – which will enter into force once it receives 50 ratifications – includes a prohibition on the transfer of arms which would be used in the commission of genocide, crimes against humanity and certain war crimes.

    The treaty was adopted by a vote in the 193-member General Assembly in April after the final UN Conference dedicated to the issue failed to garner consensus on a text. The signatures received so far today push the number of signatories to 107, with two more expected this afternoon.

    The treaty regulates all conventional arms within the categories of battle tanks, armoured combat vehicles, large-calibre artillery systems, combat aircraft, attack helicopters, warships, missiles and missile launchers and small arms and light weapons.

    A 2011 study commissioned by the UN High Commissioner for Refugees (UNHCR), entitled “The Global Burden of Armed Violence,” documented that more than half a million people die as a result of armed violence every year, fuelled in many cases by the widespread availability of weapons. Many more suffer horrific injuries and abuses, including rape, while still more are forced from their homes.

    The Secretary-General believes that today’s signings “will contribute to efforts to reduce insecurity and suffering for people on all continents,” his spokesperson said, adding: “He calls upon other countries to follow suit.”

    http://www.un.org/apps/news/story.asp?NewsID=46005&Cr=arms+trade&Cr1=#.UkNmCNKsiSp







    LOOK AT THIS SIR........ :eyeball: JJ

    IMF approves next $1 billion for Ireland bailout program


    WASHINGTON (Reuters) - The International Monetary Fund disbursed the next $1 billion aid tranche to Ireland on Wednesday, as the European island nation remains on track with the conditions of its loan program.
    The IMF is one of a trio of lenders overseeing Dublin's 85 billion euro ($115 billion) bailout, necessary after its biggest banks collapsed in 2010. The IMF's portion of the program is about $30 billion.
    Ireland is set to become the first euro zone country to exit an EU/IMF bailout in December after returning to debt markets, but its economy still needs to start growing by more than 2 percent per annum from next year on to help make its national debt sustainable.
    The IMF said Ireland's economy contracted 1.2 percent year-on-year in the second quarter as exports fell and domestic demand shrunk. But more recent indicators suggest growth should pick up in the second half of the year.
    (Reporting by Anna Yukhananov; editing by Christopher Wilson)

    http://finance.yahoo.com/news/imf-approves-next-1-billion-215303341.html






    Empty F-16 jet tested by Boeing and US Air Force


    By Leo Kelion
    Technology reporter

    Image
    Test flight of the fighter jet controlled from the ground

    Boeing has revealed that it has retrofitted retired fighter jets to turn them into drones.

    It said that one of the Lockheed Martin F-16 made a first flight with an empty cockpit last week.

    Two US Air Force pilots controlled the plane from the ground as it flew from a Florida base to the Gulf of Mexico.

    Boeing suggested that the innovation could ultimately be used to help train pilots, providing an adversary they could practise firing on.

    The jet - which had previously sat mothballed at an Arizona site for 15 years - flew at an altitude of 40,000ft (12.2km) and a speed of Mach 1.47 (1,119mph/1,800km/h).

    It carried out a series of manoeuvres including a barrel roll and a "split S" - a move in which the aircraft turns upside down before making a half loop so that it flies the right-way-up in the opposite direction. This can be used in combat to evade attack.

    Boeing said the unmanned F16 was followed by two chase planes to ensure it stayed in sight, and also contained equipment that would have allowed it to self-destruct if necessary.

    The firm added that the flight attained 7Gs of acceleration but was capable of carrying out manoeuvres at 9Gs - something that might cause physical problems for a pilot.

    "It flew great, everything worked great, [it] made a beautiful landing - probably one of the best landings I've ever seen," said Paul Cejas, the project's chief engineer.

    Lt Col Ryan Inman, Commander of the US Air Force's 82nd Aerial Targets Squadron, also had praise for how the test had gone.

    QF-16 jet
    The jet flew over the Gulf of Mexico on the test carried out on 19 September
    "It was a little different to see it without anyone in it, but it was a great flight all the way around," he said.

    Boeing said that it had a total of six modified F-16s, which have been renamed QF-16s, and that the US military now planned to use some of them in live fire tests.

    However, a spokesman for the Campaign to Stop Killer Robots warned of the temptation to use them in warfare.

    "I'm very concerned these could be used to target people on the ground," said Prof Noel Sharkey.

    "I'm particularly worried about the high speed at which they can travel because they might not be able to distinguish their targets very clearly.

    "There is every reason to believe that these so-called 'targets' could become a test bed for drone warfare, moving us closer and closer to automated killing."

    This is not the first time a jet has been retrofitted to fly without a pilot inside. The US Air Force has previously used adapted F4- Phantoms for target practice.




    http://www.bbc.co.uk/news/technology-24231077









    Iran's Rouhani wants nuclear deal in 3-6 months: newspaper interview



    Image


    http://www.reuters.com/article/2013/09/25/us-un-assembly-rouhani-nuclear-idUSBRE98O19N20130925?feedType=RSS&feedName=worldNews







    After low popularity Maliki ... great split in the coalition of state law!!



    Date: Wednesday 09/25/2013 11:13 am

    Informed sources revealed from within the National Alliance for the resentment of a large number of leaders of the independent bloc headed by Hussein al-Shahristani on the uniqueness of Maliki governance and the wise leadership of the political and security situation in Iraq

    The source said: motionless inside the State of Law coalition led by independent deputies from the mass in order to switch the State of Law coalition candidate for prime minister coming to an independent person from within the coalition or other personal be agreed upon later

    The source confirmed that the mass of independent deputies threatened to withdraw from the coalition of state law unless they are responding to their demands The source added that the mass of independent deputies confirmed Congress coalition of state law Maliki's popularity has fallen in the Iraqi street, considering that his candidacy for a third term is a lost cause

    The al-Maliki and his deputy al-Shahristani, now living staleness big stage after he accused al-Maliki, Hussain al-Shahristani dereliction work and downloading the responsibility of repeated failures in the electricity file

    http://translate.goo...on=view&id=3655

    THIS IS HUGE IMO.... JJ :dudeman:


    2013 – A Defining Moment for Achieving the MDGs
    24 September 2013

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    UNDP ADMINISTRATOR HELEN CLARK (CENTRE) AND WORLD BANK GROUP PRESIDENT JIM YONG KIM (RIGHT) CO-CHAIR A HIGH-LEVEL PANEL DURING THE 68TH SESSION OF THE UN GENERAL ASSEMBLY IN NEW YORK. PHOTO: DYLAN LOWTHIAN/UNDP
    Global leaders urgently call for the continued need to accelerate progress to address widening disparities
    With the deadline for the Millennium Development Goals (MDGs) looming, global leaders are calling for the urgent need to continue the accelerated approach to meet the worldwide targets that have overseen the fastest reduction of poverty in human history.
    United Nations Development Programme (UNDP) Administrator Helen Clark and World Bank Group President Jim Yong Kim co-chaired a High-level Panel today during the 68th Session of the UN General Assembly in New York. They said that achieving the MDGs would help address global disparities and lay the foundation for the post-2015 development agenda.
    “With less than 830 days to go before the MDG target date, now is the time to accelerate progress – not give up,” said Helen Clark in a speech that underlined the key messages of a forthcoming report by UNDP, Accelerating progress, sustaining results.
    “Our efforts must focus on progress for the poorest and most vulnerable people and countries, many of whom have been left behind, despite global progress towards the MDG targets,” she said.
    Since the introduction of the MDG framework 13 years ago, significant achievements have been made.

    "Today, many nations have achieved what could have been considered a dream in 2000 – cutting in half the number of people living in extreme poverty, eliminating gender disparities in school, expanding access to safe drinking water, and improving living conditions for slum dwellers,'' said World Bank Group President Jim Yong Kim.
    "But progress on health, sanitation, and primary school completion is at risk. The challenge before us remains large. It is larger than the capabilities of any single institution. It goes beyond the capacities of most governments alone. We need productive partnerships among governments, the private sector, and civil society to accelerate progress."
    Adapting approaches are key to sustainability in the new development age. Bringing sectors and partnerships together now to accelerate progress on the MDGs and build momentum towards a post-2015 agenda will proactively and progressively tackle inequalities, address systemic deficits that retard progress in the longer term, minimize and build resistance to shocks, and “climate-proof” the MDGs and other development goals as these threaten to slow down, or even reverse gains made in the MDGs.
    The High-level Panel also hosted heads of state from Bangladesh, Costa Rica, Ghana, Tanzania and Tonga, as well Melinda Gates, co-founder of the Bill & Melinda Gates Foundation.
    "The MDGs have set the stage for stunning improvements in the quality of life for the poorest people in the world. Countries are measuring their progress on the key statistics - how many mothers and children are surviving; how many girls are going to school - and as a result they're making more progress, faster than ever before,” said Melinda Gates, co-chair of the Bill & Melinda Gates Foundation.
    “The UN can help keep this momentum going after 2015 by making sure the next set of global goals is ambitious yet pragmatic, measurable, and focused on the poorest."
    Nine-time Olympic gold medalist and UN Goodwill Ambassador Carl Lewis said that while the MDGs have laid the track for development, closing in on the finish line would require a sustained effort by the international community in this defining moment to eradicate poverty.

    Contact Information
    Dheepa Pandian; dheepa.pandian@undp.org; +1 212 906 6860

    Natalia Cieslik; ncieslik@worldbank.org; +1 202 458-9369

    http://www.undp.org/content/undp/en/home/presscenter/pressreleases/2013/09/24/2013-a-defining-moment-for-achieving-the-mdgs-.html


    HH Amir representative lauds Iraq for fulfilling commitments


    25/09/2013 | 10:21 PM | Kuwait News
    تصغير الخطتكبير الخط


    NEW YORK, Sept 25 (KUNA) -- His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah on Wednesday applauded Iraq for its efforts to cement the bilateral ties and meet its obligations towards Kuwait under the relevant UN Security Council (UNSC) resolutions.

    Addressing the 68th UN General Assembly session on behalf of HH the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, HH the Prime Minister said the tangible progress in the bilateral ties in the recent years has been seen on the top-level contacts between the leaders of both countries.

    "The leaders of both neighborly countries were able to overcome the differences of the past looking forward to strengthening the bilateral ties and serving the common interests of their peoples," he said.

    HH the Prime Minister voiced hope that genuine cooperation with Iraq would lead to accounting for the Kuwaiti and third country's nationals who went missing during the Iraqi invasion of Kuwait in 1990.

    He called for more serious search for the Kuwaiti national archive pursuant to the UNSC Resolution 2107 (2013) which transferred the mandate of the UN High-Level Coordinator for Iraq-Kuwait Missing Persons and Property to the UN Assistance Mission in Iraq (UNAMI).
    The resolution was the fruit of an understanding reaching bilaterally by Kuwait and Iraq, HH the Prime Minister pointed out.
    "The remains of only 236 out of more than 600 Kuwaiti and other national MIAs have been accounted for more than 23 years after the catastrophe of the invasion since August 2, 1990," he regretted The bilateral ties thawed out remarkably in the recent years thanks to the efforts of HH the Amir to settle the thorny issues; his visit to Iraq on March 29, 2012, helped turn over a new leaf in the relationship.
    The two neighbors signed several deals on cooperation including one on the maintenance of the border marks and a residential project in Umm Qasr, south Iraq.
    The Iraqi parliament approved in last July an agreement on launching a joint governmental commission with Kuwait to iron out any remaining problems in the bilateral ties.
    Kuwait played a major role in the unanimous adoption of the UNSC Resolution 2107 (2013) which rid Iraq of its obligations under Chapter VII of the UN Charter. (end) tma.gb KUNA 252221 Sep 13NNNN


    http://www.kuna.net.kw/ArticleDetails.aspx?id=2335695&language=en



    Categorized | Industry & Trade
    Iraqi-Kuwaiti Talks in New York
    Posted on 25 September 2013. Tags: Chapter 7, Chapter VII, Kuwait
    Iraqi-Kuwaiti Talks in New York
    By John Lee.
    Vice-President of the Republic Dr. Khudair Alkhozai and the Minister of Foreign Affairs Mr. Hoshyar Zebari met His Highness Prime Minister of the State of Kuwait the Amir Sheikh Sabah Al-Ahmad Al-Sabah and Kuwaiti Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah on the sidelines of the sixty-eighth session of the General Assembly on 24 September 2013.
    During the meeting, they reviewed the brotherly relations between the two countries in the light of the withdrawal of Iraq from the provisions of Chapter VII of the Charter of the United Nations and the activation of joint committees between the two countries based on the decisions of the Joint Ministerial Committee.
    The two sides expressed their willingness to develop economic and trade cooperation and investment for the common interests and overcome the obstacles that stand in the way of cooperation, and agreed that the problems suffered by the countries became part of the past and the efforts of the two countries and the two peoples and what they have of bounties and wealth should be concentrated on the present and the future for the welfare and well-being of future generations, in a form which is reflected positively on the security, stability and sustainable development in the region as a whole.
    (Source: MoFA)




    http://www.iraq-businessnews.com/2013/09/25/iraqi-kuwaiti-talks-in-new-york/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=DTN+Iraq:


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    Iraq asks Kurds to Link Pipeline to its Network


    Image
    Posted on 25 September 2013. Tags: KRG, Kurdistan, oil contracts, pipelines
    Iraq asks Kurds to Link Pipeline to its Network


    By John Lee.
    Iraqi Deputy Prime Minister for Energy Hussain al-Shahristani (pictured) has asked the Kurdistan Regional Government (KRG) to connect its new oil pipeline with Baghdad’s Kirkuk-Ceyhan pipeline in a way that allows Baghdad to measure oil flows, according to Reuters.
    The KRG is expected to complete the 300,000-bpd pipeline in the coming weeks, increasing its control over its oil exports.
    Shahristani added that Baghdad had not received any response, but a source at Kurdistan’s Ministry of Natural Resources told Reuters that the KRG could not accept the proposal, arguing that frequent stoppages on the pipeline from Arab-controlled fields and a lack of control over the metering station would make it difficult for the KRG to monitor its own oil flows.
    The source continued:
    “The KRG has taken the decision to connect its new pipeline to a new international-standard metering station installed after the existing metering station … The KRG is happy for federal officials to come and observe the metering of oil from the Kurdistan Region and to share with them any information they need.“
    He said that while the KRG has been keeping its final connection options open as long as possible, the current plan was to link up to the Kirkuk-Ceyhan pipeline between the Iraqi pumping station and the Turkish border.
    (Source: Reuters)

    http://www.iraq-businessnews.com/2013/09/25/iraq-asks-kurds-to-link-pipeline-to-its-network/
    Erbil: We will pay the dues of foreign companies to deduct part of the oil imports if Baghdad failed to
    Wednesday, September 25 / September 2013 18:50
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    [Baghdad - where]



    The Minister of Natural Resources in the Kurdistan Regional Government drastically "that it will pay all dues of foreign oil companies operating in the region of the proceeds of oil fields in the case of Baghdad's failure to pay."



    And stopped sales of Kurdistan oil through the national pipeline network because of a dispute between Baghdad Erbil, and there are no talks between the two parties at the present time to resolve the dispute on entitlements foreign oil companies operating in the region.



    A statement of the provincial government agency received all of Iraq [where] a copy of it for Hawrami said, "that in the case of abstinence Baghdad government for securing the rights of the Kurdistan region in the permanent constitution, we will resort to an alternative plan requires to export oil region and deducted dues of those companies of its revenues."



    Image

    The Minister of Natural Resources that "the region supported undoubtedly have to deal with Baghdad, according to the permanent Iraqi constitution has been in the draft general budget of Iraq for the year 2014 and estimated at [150] billion dollars allocated [860] million dollars to pay dues of foreign oil companies operating in the region" .



    A delegation from the Kurdistan region under the chairmanship of the provincial government Barzani visited Baghdad in 29 of the month of April, and met with a delegation of the National Alliance and Prime Minister Nuri al-Maliki and Parliament Speaker Osama al-Nujaifi to discuss the outstanding issues and an end to the problems between the center and the region.



    The Kurdish delegation signed during the visit on the 7-point agreement with Prime Minister Nuri al-Maliki included federal solutions to some of the outstanding problems between Baghdad and Erbil, Kurdistan, according to official sources.



    The agreement "amend the law of the financial budget of the Federal Assembly for the current year 2013, resolving oil and gas law, the resolution of the issue of the leadership of the Tigris and the island, redrawing the administrative boundaries of the regions of Kurdistan outside the region, offset with Anfal victims of chemical attacks, the joint management of the issue of visas and airports by the governments of center and the region, to appoint a representative to the provincial government in Baghdad, and another of the federal government in Erbil for coordination and exchange of information. "



    And spins a dispute between Arbil and Baghdad on 41 contracts, oil and signed by the provincial government since 2007 until now, you see the central government in Baghdad that any oil contract must be done with their consent, and refused Kurdistan recent draft of the oil and gas law approved by the Iraqi government and sent to the House of Representatives for approval, which strongly opposed by the Kurdistan Regional Government.



    The Baghdad transactions between the oil companies and the illegal Kurdistan while provincial officials say the province has the right to control the oil resources as guaranteed by the Constitution. Finished.
    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&twu=1&u=http://www.alliraqnews.com/index.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D100473:2013-09-25-15-03-03%26catid%3D37:2011-04-08-17-25-57%26Itemid%3D56&usg=ALkJrhhhP5H6uuVV-ca0ykGybBPrztsRag



    WHEN BAGHDAD MAKES A "MESS" , :boohoo: ... B I G BROTHER WILL CLEAN IT UP FOR YOU..... :pot: THANKS TOY... JJ

    So, is Iraq now completely out of Chapter 7?
    Thanks!
    Harvestime



    Yes ......... But they still can not see their feet due to the belly of .........CH6.

    Ch6 is International Status.

    Yes 7-FA........... Not until they lift the 000..... Iraq will NEVER see the keys to their own self inflicted shakles............ Wink

    KTFA,


    Frank





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    National Bank Of Panama Announces Bank Holiday 09/26/2013

    Post by Admin on Sat Sep 28, 2013 10:10 am

    National Bank Of Panama Announces Bank Holiday

    09/26/2013


    This Post was From Intel4u By Bailey2

    [6:39:56 PM] Randeee

    Breaking News | September 26, 2013 at 7:25 pm | URL: LINK
    Banking Holiday in Panama Announced! by Breaking News

    (Randy Hilarski) This morning the National Bank of Panama announced that it was suspending all services until Tuesday the 1st of October. The National Bank of Panama says that the reason is to upgrade systems. The Banking Holiday in Panama was announced this am.

    This system wide shutdown has country wide implications. The National Bank of Panama did not warn the people before making the announcement and shutting down the banks. The people do not have access to ATM’s either.
    ..
    We received word of this from family members first. This weekend is payday for people across Panama.

    I am active among the Gold and Silver investing community. We have been discussing at great length about the possibility of bank holidays in countries on the Dollar standard.

    Could Panama just be the first domino to fall in the banking system? Could this be more than just a system upgrade? Why not tell the people ahead of time to prepare for the closure of the banking system?

    What are some reasons for a bank holiday? The National Bank of Panama says it is a system upgrade, I don’t believe it is that simple. Maybe a Dollar revaluation could be coming soon.

    Maybe it is something more serious like a banking crisis like we had in Indonesia back in 1997 or more recently in Cyprus. I am hoping for the best and preparing for the worst.

    What are some things you can do to protect yourself if Panama is just the first signal of a pending banking crisis? First and foremost make sure to have some cash.

    Second buy the essentials for your family. Be frugal until the storm passes. I know this sounds simplistic, but those who are prepared will be fine.

    I feel for the Panama families who live paycheck to paycheck. They were expecting to be paid tomorrow. This is the time that they go grocery shopping, put gas in their cars and pay the bills. This delay will have wide ranging affects on the people of Panama.

    Do not be unprepared, you have it within your power to be ready for such a situation!

    This story was first seen on Gold Seek
    Breaking News | September 26, 2013 at 7:25 pm | URL: LINK




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    FRIDAY NEWS 9/27/13

    Post by Admin on Sat Sep 28, 2013 10:12 am

    Among the White House: the countdown began for the post-Maliki

    Author: BS
    Editor: BS, OK 27/09/2013 11:14

    Image
    Prime Minister Nuri al-Maliki, in an earlier meeting with U.S. President Barack Obama


    Range Press / Washington
    Gather indicators pointing to intersections US-Iran formed key factor in assigning power to the current Prime Minister Nuri al-Maliki three years ago, fell سقوطا full, and at a distance of a few months of elections in 2014 parliamentary elections, everything indicates that the accounts after the battle does not look like what came before.

    Recent evidence of this fact can touch of Nuri al-Maliki himself, who canceled at the last minute trip that he intended to do to New York because Barack Obama apologized for the second time in less than a year for a meeting, even though the atmosphere US-Iranian better than ever, Since more than ten years.

    Observers may record that the Iraqi prime minister this century cancellation nervous as he said the words, addressing أخصامه of politicians that "murder of identity ... but no matter what you did will not Ttzlmoa power."

    It is no secret that the U.S. president had refused a year ago Exactly, to arrange a meeting with the President of the Government of Iraq, following a request by Maliki's office, through the channels of diplomacy, that day Declined man from participating in the session of the 67th General Assembly of the United Nations, did not explain his reasons for his this decision.

    In an attempt to disguise this fact among the prime minister volunteered that day, saying that "al-Maliki did not receive an invitation to give a speech Iraq" as if the U.S. government is that invitations to attend a regular session of the General Assembly.

    For its part, the White House sources leaked at the time (September 2012), the U.S. president wanted to "punish" al-Maliki to allow Iranian aircraft to cross Iraqi airspace, so that the movement of weapons, equipment and fighters to Syria, in support of the regime of President Bashar al-Assad.

    At convinced observers and analysts Americans that the position of the U.S. administration of the reservation of the reign of al-Maliki, not only for his cooperation strategic alliance with Iran in support of the Syrian regime, but beyond this cooperation to neglect or dropping all the understandings signed between Washington and Baghdad before the U.S. withdrawal from Iraq, the understandings are as a whole, "Strategic Framework Agreement" (November 2008) that govern US-Iraqi relations in the post-withdrawal.

    At convinced U.S. officials that al-Maliki did not do anything to maintain close contact with the United States, but did everything to prevent Washington from retaining what is left of their interests and influence in Iraq and in neighboring Iraq.

    It seems that the United States is to have a new opportunity to revitalize relations with Iraq through the "Strategic Framework Agreement", and in front of other opportunities for the implementation of projects with significant effects on the bilateral relations between the two countries at the security and oil together.

    The White House sources say that the elections preparing her Iraq in the spring of 2014, a significant milestone in re "correction" of bilateral relations, and that the post-Maliki is supposed to make that correction.

    In the view of many observers that the United States helped after the 2010 elections, the reversal process of forming the government in the direction of al-Maliki, and supported by believing that it is able to maintain internal stability, but the experience led Washington to conclusions opposite, as evidenced by events and crises enormous through which Iraq today , after Pat continuation of al-Maliki in power synonymous with each small and large disasters.

    Is the countdown began to replace Nouri al-Maliki?

    Among the White House insists that the elections of 2014, is considered a "moment of success or failure," the level of US-Iraqi relations, while accelerating international consultations to re-install the region militarily and politically and strategically.

    She adds that "increased bilateral cooperation, before this election, or in preparation her, Aattabravdil and means to rebuild US-Iraqi cooperation on the basis of more pronounced."

    All this means that the phase-Maliki expired or almost to expire, the American perspective at least.

    http://www.almadapress.com/ar/news/18809/%D8%A3%D9%88%D8%B3%D8%A7%D8%B7-%D8%A7%D9%84%D8%A8%D9%8A%D8%AA-%D8%A7%D9%84%D8%A3%D8%A8%D9%8A%D8%B6--%D8%A7%D9%84%D8%B9%D8%AF-%D8%A7%D9%84%D8%B9%D9%83%D8%B3%D9%8A-%D8%A8%D8%AF%D8%A3





    TY to all NEWSHOUNDS.............. :handshake3:

    TY for the email info WS.

    I find this article to be a summation of what we have been saying about M since last year. Good to see they took good notes from our CCs......... :heeheehee:

    M and O are so parallel that is causes my Teams to ask ............ Many qts.




    I saw a poster say the weekdays lack info because I do not say much until Your M and T CCs. Hmmm .............. TY. Wink

    FACT: O is having MANY meetings in the Oval that the media can not tell You about that is good for Oct 2 2013. O is being updated .......... NOW. That and what WF is doing allows me to yell ..................SQUIRREL!!!


    Aloha Friday KTFA Family......... :hibye:

    Keep voting for Ava please.............. Her dad will be with us on Your Monday CC to show their gratitude for Your voting. They are amazed ............ So am I :hibye:

    KTFA,


    Frank



    Second this post is a just encase scenario.

    Attention Wisconsin KTF Members:

    Is anyone aware of any banks in the state of Wisconsin that will do a foreign exchange with the IQN and the VNN? Do you know of any banks in the state of Wisconsin that will have the De La Rue Machine?

    Is anyone interested in getting a list of Wisconsin members so we can keep each other updated on any Wisconsin bank information? If so PM me with your email address and I will put a list together so we can stay in touch.

    I myself last February went and opened an account at Wells Fargo and of course I was told that they would not be handling the Dinar. This week I was in touch with another banker at Associated Bank and was told they do foreign exchanges but will not be exchanging the Iraq Dinar. I knew that at one time they sold the Dinar and she confirmed this as well. When I asked why they stopped she said corporate didn’t like what was happening so they stopped it. She would say no more. I did not get my Dinar from them. However she must have thought I knew what I was talking about because she sent me her business card. The two banks were in Green Bay, Wisconsin.

    I myself am hoping that Frank gets an exchange center or some sort of deal with some bank for our KTF family.





    I have many programs set to launch once the rate goes up.......... An exchange office is one of them.

    Time will tell if my broker and I can do one together or some of our Teams in Washington with E1 and Michigan.

    KTFA,


    Frank...... Please Pray for my Projects ........ For You and I.

    Young Iraqis Vent Frustrations On Facebook

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    By: Ali Mamouri for Al-Monitor Iraq Pulse Posted on September 26.
    إقرأ باللغة العربية

    Although Iraqis are newcomers when it comes to using the Internet — since they were not aware of the diverse services of the web prior to 2003 — the Internet has quickly transformed into an important and inseparable part of the lives of Iraqis, especially the youth. In light of the unstable security situation and the absence of a genuine civil society in the country, social networks — Facebook in particular — have afforded them a space to present their views regarding the situation in the country and organize protests against the ongoing setbacks they face in their everyday lives.

    The people of the Middle East have discovered a new use for social networking, which was something that those who created these networks had not considered. They transformed social networks into a "protest square," rather than just being a network of relationships and friendships between individuals. Accordingly, when you enter into the Middle Eastern "world" of Facebook, you see that it is full of political and social content, particularly that which criticizes the prevailing political, social and religious situation, in addition to the affairs of everyday life. Thus, these networks have dramatically contributed to the success of the Arab Spring revolutions, which has resulted in some calling them "Facebook revolutions."

    Iraqis have learned very quickly how to create a "Facebook world" and use all of the available capabilities of this network to protest and oppose the tragedy in which they live. Furthermore, similar experiences — such as the Egyptian “Facebook Youth Movement” — have greatly contributed to developing their experience. Iraqi Facebook pages enthusiastically followed the news of the first Egyptian revolution — and particularly the second — attempting to replicate this model and apply it in Iraq.

    What Facebook represents for young Iraqis is directly linked to the country's sociopolitical infrastructure. When society lacks natural channels and tools for highlighting the people's demands and protesting, they will naturally resort to an alternative. This is what social networking sites — in particular Facebook — have provided them. In Iraq, parties are not established on a popular basis and their doors are not open for everyone to participate in the political process. There are no wide-ranging professional institutions or unions that allow individuals to express the opinions of their group. Moreover, in most cases media outlets are controlled by particular parties. In addition, the bad security situation constitutes a risk for dissidents, who are threatened by the government, militias and terrorist groups all at once. Facebook has thus transformed into the only channel to rebel against the status quo, to organize voices of dissent and create a societal current that has no way of expressing itself in its natural environment.

    Facebook has created a metaphorical world for Iraqi youth, as they try to create a virtuous society, which they lost and were unable to obtain in the real world. In this new world, they are able to object to all of the social, cultural and religious values that led to their current tragic situation, even if society and the political regime have taken away the rights of change and dissent in the real world. Nevertheless, the atmosphere of fear from the influence of society and the regime remains with the Iraqi youth in this virtual world, where some refrain from revealing their true identity because they are publishing ideas that go against influential political parties or against religious ideas and values that are deeply rooted in society.

    Facebook has succeeded in creating new literature and political alignments for the Iraqi youth. There are several pages titled "No to Islamist parties," "Supporters of secularism in Iraq," "No to terrorism … No to the division of Iraq" and others, which help to clarify the demands of the new generation. This is in addition to other journalists, media figures and public personalities who continually publish ideas on these networks to reach a wider audience or obtain more supporters. On the other hand, Facebook has provided an opportunity for a conflict of opposing ideas and trends in the country. For example, there are many pages in support of the government, as well as others in the opposition. The same is true for pages about the anti-government revolution in Iraq’s Sunni provinces.

    Finally, it is worth noting that Facebook plays a dual role in shaping the current situation in Iraq. It helps individuals and groups to raise their voices and unify their demands on the one hand, and creates new alignments and new fronts in the struggle between segments of society on the other.


    Read more: http://www.al-monitor.com/pulse/originals/2013/09/iraq-facebook-youth-opposition.html#ixzz2g6Vz1KXj

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    Central securities demanding lifting reserve currency bloc
    09/27/2013 01:14

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    Student chairman of the Securities Abdul Razzaq al-Saadi, the central bank raised booking monetary mass in capitalization, which became a long time. said Saadi's (IMN), that "the money supply is limited and booked for a long time helped to lower the contribution of securities in the market." he added "Whenever I said pressures and raise cash block booking greater contribution in the stock market, especially with the currency." and leave the capital increase positive effects on growth in the bank's investment business as well as increase profitability.

    http://www.imn.iq/news/view.28191/

    Planning: Iraq's inflation stable at 2.5%, thanks to the performance of the central bank and monetary policy

    Author: BS, MJ
    Reporter: BK, BS 27/9/2013 12:25

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    Range Press / Baghdad
    Central Bureau of Statistics, on Friday, for the stability of the annual inflation rates in Iraq over the past three years at a rate of 2.5 percent, attributing this to the performance of key institutions, including the central bank and monetary policy, which it supports.

    The director of the Central Bureau of Statistics and Information Technology, Deputy Minister of Planning and Development Cooperation, Mahdi Keywords, in an interview to (range Press), "The inflation rate in Iraq has seen in the last nine months of 2013, the current, stable with a slight increase too."

    Keywords added, that "inflation in Iraq during the past three years did not increase the proportion of 2.5 percent", returned to those "reasonable rates for Iraq, especially that they have not experienced any boom in the current year 2013."

    He attributed the Undersecretary of the Ministry of Planning, "stability in inflation to the performance of key institutions, including the central bank and monetary policy adopted by," noting that "inflation rates for September the current witnessed stable fully compared to the door of the past, and the same month of 2012 the past where it was average 2.1 percent" .

    The Ministry of Planning and Development Cooperation announced (15 September 2013 present), for a slight rise in the inflation index in Iraq in August last, by 0.4 percent, compared to prices last July, and showed that the annual inflation rate for the period from August 2012 until the same month of the year 2013 current, stable saw an average of 0.1 percent.

    http://www.almadapress.com/ar/news/18588/%D8%A7%D9%84%D8%AA%D8%AE%D8%B7%D9%8A%D8%B7-%D9%85%D8%B9%D8%AF%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%B6%D8%AE%D9%85-%D8%A8%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%85%D8%B3%D8%AA%D9%82%D8%B1

    Rep. Vian outsider: Still the House of Representatives sessions devoid of controversial laws
    PostDateIconFriday, September 27 / September 2013 09:39 |

    {Baghdad Ambassador: News}

    Confirmed MP / coalition of Kurdish blocs / Vian intruder, the meetings of the House of Representatives with near the end of the session the current election, it devoid of resolve or even read the laws of contention, indicating that the political consensus is influenced to resolve important laws. said an intruder in a press statement on Friday : non-inclusion of the laws of contention on the agenda of the House of Representatives, especially with the approach of the end of the parliamentary session, the second record Note large to the Presidency, even on the heads of blocs that those laws have importance in the Iraqi street, which is losing patience towards them. confirmed: he House of Representatives during the long period may banned political differences to pass laws many important concern citizen if there was a national consensus to pass important laws adopting a state of institutions, but if there is no political consensus behind the scenes will fall to vote or removed from the table business to begin with. and followed an outsider: that ignore the important draft laws in parliament sessions may makes the House of Representatives in front of the Department of inquiry in particular that he has not resolved a lot of laws over the past period.

    http://www.assafirnews.net/index.php/2012-05-14-03-04-35/20637-2013-09-27-06-39-23.html


    Russian newspaper: the reservation to 20 billion euros for a "clash" in Moscow

    Friday, September 27, 2013 14:54


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    Baghdad / follow-Baghdadi News / .. The newspaper "Moskovsky Komsomolets" Russian, said Friday that Customs Sheremetyevo Airport in Moscow international custody of the huge amounts of European banknotes weighs 200 tons, with a total value of 20 billion euros.

    The newspaper said that "the documents obtained by stating that the money arrived to Moscow on a plane came from the German city of Frankfurt on the seventh of August 2007, with an Iranian named Kroraan absolute Farzin (54 years)."

    She pointed out that "these documents do not specify who should receive this money, and therefore refrain airport customs for delivery to one since 6 years, and on the other hand can not Russian authorities confiscated the money because the documents identify the owner, is believed to airport customs demanded the owner of the money referred to in the documents that attend personally, but he did not attend. "

    The newspaper quoted a security source as saying "I do not rule out that the head of the former Iraqi regime of Saddam Hussein is the owner of the money, where Saddam was the third richest man in the world according to the magazine (Forbes), but the money suddenly disappeared after he threw the security men the Americans arrested him, It is not unlikely that the funds reached Iran first, and then transferred to and from Germany to Russia, according to the source cited by the hypothesis. " Finished / Agencies

    http://albaghdadianews.com/politics/item/39974-ZHGnJ%D8%A9-ENYOn%D8%A9-AkbGJz-IkO-20-LknAE-nNEN-k%D9%80ZHDAL-Jn-LNYOKN.html
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    Gov Targets Private Bank Accounts: Seizes Funds Of Innocent Americans Without Charge or Trial

    Post by Admin on Sat Sep 28, 2013 10:23 am

    Gov Targets Private Bank Accounts: Seizes Funds
    Of Innocent Americans Without Charge or Trial
    Mac Slavo - September 26th, 2013
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    Do you still keep a hefty portion of your savings in a U.S. bank?

    If so you may want to reconsider your options. Because if the following report from the Institute of Justice is any indication, nothing you hold in a private bank account account is safe anymore...

    "Can the government use civil forfeiture to take your money when
    you have done nothing wrong—and then pocket the proceeds?

    The IRS thinks so.

    For over 30 years, Terry Dehko has successfully run a grocery store
    in Fraser, Mich., with his daughter Sandy. In January 2013, without
    warning, the federal government used civil forfeiture to seize all of
    the money from the Dehkos’ store bank account (more than $35,000)
    even though they’ve done absolutely nothing wrong.

    Their American Dream is now a nightmare.

    Federal civil forfeiture law features an appalling lack of due process:
    It empowers the government to seize private property from Americans
    without ever charging, let alone convicting, them of a crime. Perversely,
    the government then pockets the proceeds while providing no prompt
    way to get a court to review the seizure.

    On September 25, 2013, Terry and Sandy teamed up with the Institute
    for Justice to fight back in federal court. A victory will vindicate not
    just their right to be free from abusive forfeiture tactics, but the right
    of every American not to have their property wrongfully seized by
    government."


    Every year the government of the United States seizes tens of billions of dollars in taxpayer money and redistributes these funds to “black” projects which are often unaccounted for. On September 10th, 2001, for example, Sec. of Defense Donald Rumsfeld admitted that the D.O.D. had lost around $2.3 Trillion. The funds were unaccounted for and any investigation into where they went ended the following day when the office holding the records in question was reportedly destroyed in the Pentagon attack.

    No one was held to account. No one went to jail. No one was punished.

    Make a suspicious transaction or can’t account for your money as a private citizen, however, and they will seize everything you own and treat you like a financial terrorist.

    There are no warrants, no charges, no court proceedings. They just take it. And if you don’t comply, they’ll send an IRS SWAT team through your front door and imprison you.

    What’s frightening about the experience of Terry and Sandy Dehko is that just months prior to their seizure of their assets the Internal Revenue Service completed an audit indicating that all of their records were legitimate, and their small business was operating within the guidelines of Federal tax law.

    No matter.

    When surveillance state flagging algorithms spotted them depositing suspicious amounts of money just below the $10,000 required federal reporting limit into their bank account, a necessity for the Dehkos because their insurance only covered up to $10,000 in losses, they were red flagged by automated monitoring systems as possible money launderers.

    Their $35,000 was subsequently seized after the IRS filed a secret warrant (a lot of that going around these days) accusing them of “structuring.” Because of the nature of civil forfeiture laws they now have to fight for their own money and prove their activities were legal. The IRS required no proof whatsoever.

    An accusation was enough.

    These heavy handed practices will not get any better going forward, especially considering the fiscal state of our nation.

    The IRS and other government agencies are booming, hiring on thousands of new employees for enforcement, and arming them with assault weapons and ammunition for those who refuse to comply.

    Last year the government took in over $4 billion in forfeiture money. How much of that was from Americans like the Dehkos, who did nothing wrong?

    One day soon, they will come for your money, too – and probably a whole lot more.

    Do you need any more reason to get out of the banking system, or will you wait until they take everything you’ve worked for?
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    for one day you may look back and realize that they were the big things."







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    SAT. NIGHT NEWS 9/29/13

    Post by Admin on Mon Sep 30, 2013 12:05 am

    Keywords calls for the establishment of a joint investment bank

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    09/29/2013 12:00 AM

    Conference of the Iraqi banking disclose the challenges of his participation in the development
    BAGHDAD - Hussein ثغب Tamimi

    Agheralmcharkon at the conference of the Iraqi banking yesterday challenging the big faced by the banking sector, which hampered and hinder the development and growth which is distributed among the causes of inherited related laws in force and that do not fit the new phase Tmrabha the country's investment procedures and legislation new intersect with its predecessors.

    , and gather the need to move in order to overcome these obstacles by building strategic work and clear control to control the direct banking activities towards enhancing the productive sectors, services and investment and through partnerships between the private banking sector and the banking sector the government on the one hand and between them and international banks on the one hand Other.

    called the secretary-general of the Council of Ministers d. on the Keywords اثاء delivered a speech on behalf of the Prime Minister, which sponsored Almatmraly to take the private banking sector role required constitutionally guaranteed in the process of development and construction, investment and reconstruction, noting its importance in attracting international companies, banks and international funds to contribute to a renaissance Iraq development.

    most prominent decisions of the conference, which was attended by personalities parliamentary and high-level government and representatives of Arab banks and foreign establishment of an investment bank joint venture between the private bankers and public sectors and the contribution of citizens to activate the role of the banking sector in investment and posts project strategy.

    was president of the Association of private banks in Iraq, Adnan al-Chalabi, who delivered the opening speech have pointed out, the main challenges faced by the private banking sector and means of بحلولها.

    introduced in his speech, the reality and the prospects for the development of the banking sector in Iraq and the challenges faced by and our point of view in shaping the strategy and the contribution of the Iraqi banking sector in economic development in order to contribute effectively to support reconstruction, development and investment . said in an interview (morning) that the study of the structure of the banking sector in Iraq require review the background of this sector in the previous phase banking sector was a key part of the structure of the economic system the central building to rely entirely on the so-called Bria economic, any proceeds from oil revenues, which on the banking sector to the front of speaking with all requirements of the development of a unilateral, any requirements to rely on state funding and management of its affairs directly.

    recommendations realism He continued: for the purpose of ensuring the application of the strategy is clear and specific to repair the Iraqi banking sector in economic development, we recommend the establishment of officials and specialists and members of Congress to study and discuss working papers Introduction and come up with recommendations realistic and clear hoping that include the formation of a supreme body to reform banking in Iraq, pointing to the need to include the Economic Commission of the Council of Ministers and Economic and Financial Committee in the House of Representatives and the Central Bank of Iraq a select group of advisors and experts, economists and bankers in the private sector holds the building strategic contribution of the banking sector Iraq's economic development and to identify policies and mechanisms for the transition to the stage of reform of the banking sector and private sectors, and is determined by the period of five years ending in 2017 to get the job done in phases associated with the Five Year Development Plan. also stressed the importance of finding a legislative environment banking allow for the development of the banking system through legislation A new law for banks in line with the current developments and the future of the banking system and pass a law for Islamic Banks and reconsider and amend other laws related to monetary policy and banking regulation.

    mainstay and returned Keywords to confirm that the banking sector mainstay in the process of economic development as a tributary of the taxpayer for the implementation of projects, as well as for banking services provided by the task, job opportunities and build experiences that serve the economy, despite the fact that the banking sector is recent and has been able to expand the heads of his money and his savings, but he needs to expand the adoption of advanced systems commensurate with the size of the local economy.

    Indicating that the activation of the role of private banks has become a necessity stems from the philosophy of the current state-based economy. restrictions harmful and demanded to review the legislation and related laws which in some implications restrictions harmless and scaled to the role of private banks, and we hope to present this conference and the Association of specific proposals to make some legislative and regulatory changes and we are ready to work with them and adopt them. He said the conference is invited to develop a comprehensive plan of reform and development of this vital sector and paint ways to improve the field of private banks, and put appropriate rules for joint cooperation between the sector and government banks and the Central Bank and Ministry of Finance. administrative performance in turn confirmed the Director General of Trade Bank of Iraq Hamdiya Dry need to pay attention to human resources upon which the success or failure of the banking sector and the services provided by the to beneficiaries audience.

    They pointed to the importance of the administrative in banking, asserting that mistakes Administrative difficult to manipulate, and demanded that the conference will discuss issue of human capital and develop their abilities. cooperation Lebanese Iraqi Lama representative of the Association of Banks in Lebanon Samir long has pointed to the close cooperation between the Association of private banks in Iraq and Assembly which resulted in the training sessions helped develop Iraqi competencies and enabled it to deal with the best of modern banking technologies, pointing to the quest to sign a cooperation protocol Lebanese Iraq to support the Iraqi experiences with the latest science and technology banking. As a member of Board of Directors of the Association of private banks d. Sadeq Al Shammari has dealt with in his paper theme of Islamic banks and its high continuously said that the conference organized for the treatment of selectors development bank which represents the starting point for a comprehensive development. Noted that the conference will prompt enactment of a law of Islamic banks, which now managed by the Central Bank, pointing out that the law regulating the work of Islamic banking which has achieved great successes in the overall services provided by the specialized banks, but we need new products can be made ​​by Islamic banks in the coming period. , and pointed out that despite the achievements of the Islamic banks of achievements, but it is hoped them to achieve more and especially with regard to in turn, the development and contribution to the treatment of economic and social problems of the people and update the financial and banking sector in general and the Islamic banking sector in particular by a number of factors, the most important achievement of macroeconomic stability and provide a legislative framework and oversight with the diversification of services and innovative advanced services for everyone, and the introduction of modern technologies in various fields of finance and banking as well the need to rehabilitate human resource in order to achieve growth and development and meet the challenges.

    economic cycle and the importance of the expansion of the modes of financing long-term development of financial instruments present rather than focusing on Murabaha and mind as a source Mamoun of income, and support for small craft, through the promotion of the weak and the poor and disabled access Ltd. to enter the economic cycle through speculation ... As it is the best solution for the financing and the success of such projects, especially micro.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55364


    Invitations to the legislation of economic laws


    09/29/2013 12:00 AM

    BAGHDAD - Farah pumice
    increased calls for specialists to points of the legislative and executive branches need to activate the legislation of laws that support the local economy and encourage investment in several areas, as well as laws that safeguard the process of free competition in the fields of trade, industry and agriculture.

    economic expert, Dr. Majid picture he felt "there is no understanding integrated market economy, because it does not mean that the private sector only, but the contribution of the public sector in it. said Suri (morning): "The package of laws needed to encourage investment and national output is disabled or legislator, because the main objective to encourage them is to activate the legislation of these laws investment and improve the local economy. "and called expert concerned to cancel the previous laws concerning state control on production, and reviewed in order to support domestic production and encouraging, adding that the key issue is to address all laws relating to the economy totalitarian. Article (25) of the Constitution as follows: "The State shall guarantee reform of the Iraqi economy according to the foundations of modern economic and ensuring investment full resources, diversifying its sources, and encourage the private sector and development." He Suri in his speech: "The public sector must be at the service of the economy overall, because he needed a significant investment too, especially in the energy sector, generation and service sectors assistance that lead to stimulate the process of industrial and agricultural production, housing, noting that he must convert the management of the productive sector public to private management and the separation of capital for the economic process, and there are boards of directors independently without state intervention in this area . and expert stressed the need to push the productive sector and public sectors in order to do his duty, especially that move the productive economy, especially the private sector will solve a lot of problems, including unemployment, considering that some of the laws did not help to support and strengthen the agricultural sector, the industrial production sector, specifically the tariff law , which is supposed to protect the existing industries and the industries that it is possible to do in order to do encouraging.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55365


    Start dialogues activate the instruments of honor and social peace soon return Alkhozai from New York

    09/29/2013 12:00 AM

    Maaleh (l (morning)): National Alliance Egypt to implement Bnodahma as soon as
    Baghdad, Alaa al-Tai

    is scheduled to begin Vice President Khodair al next week after returning from the United States to hold meetings with the heads of blocs and their representatives to activate the committees responsible for the implementation and follow-up Terms and document honor and initiative social ladder. aims meetings Alkhozai also to take steps complementary to the introduction of the initiative and signed into the application and initiate passage of laws, demands and services that meet the needs of the citizen. center so stressed politicians on the need to speed up the implementation of the initiative and dialogue with the parties that have not signed the initiative at the conference to promote the principle of partnership and build a national project. initiate dialogues MP for the coalition of state law, Abbas al-Bayati said the "Center Brief for the Iraqi Media Network":

    "The vice president will begin next week, and upon his return from the United States dialogues and meetings with the heads of blocs and their representatives in order to activating the work of the committees. " The leaders pledged political commitment to implement a document of honor and the initiative of the social ladder service to the country, as Prime Minister Nuri al-Maliki during a press conference held in the presence of Vice President Khodair al and Parliament Speaker Osama Najafi and former parliament speaker Iyad al-Samarrai, head of the National Alliance, Ibrahim al-Jaafari and President of the Kurdistan Alliance Fuad Masum, and Vice-President Minister Ruz Nuri Shaways: "There will be debates and listen to the opinions of those who did not attend the signing of the Charter of the honor and social peace." said al-Bayati, "should not be finished document of honor once signing ceremony and must be incorporated into the application to draw the mechanisms of action of the executive, legislative and judicial branches and to achieve the demands and items that enhance the content and implications. "

    He called to take steps complementary and quick to insert the initiative into force and application in the forefront of activating the work of the committees to follow up the steps to implement the initiative and fee mechanisms and solutions to the issues at hand. priorities for action and said al-Bayati said Alkhozai focus in meetings to start dialogues with leaders who did not participate in the conference and try to persuade them of the importance of the document and attached to the project, which ensures injection of Iraqi blood and the start of the stage of integration in political work and then starting work legislation of laws contained in the initiative to promote the process of national reconciliation, either move the other will be devoted to the development of mechanisms and ceilings of the procedures and important laws to be applied, followed by seminars, conferences and activities to identify citizens and community groups contents of the document and their participation in it successful, implementation and support of the authorities. Regulation 15 of the document the social ladder as follows: "the adoption of a code of conduct agreed to its terms and vows to everyone respected and adhered to and including a sure guarantee for the sustainability of harmony, understanding and cooperation in support of joint action and make it a success and overcome the difficulties encountered in the process Political positive spirit and fraternal honest in order to strengthen confidence and dedication among all political forces participate. " message to all parties and increased al-Bayati said:

    "The initiative included two things are important: first, the formation of committees and then determine the priorities and the program of an application enhances national march and push for activating the work of the legislature and the executive send a message to all Iraqi parties as a partner essential in political work, "noting that" the committees will adopt a regulation priorities that should focus and attention and emergency situations that relate to the security and lives of citizens, in addition to sort the priorities of legislative and procedural implementation of popular demands constitutional, or what's left of it " .

    Regulation 14 of the document the social ladder as follows: "adopts the Council of Ministers and in coordination with the Presidency of the Republic of drafting the necessary laws to solve the problems examined by the Commission and including confirms full commitment contexts legal in the case of the legislation of laws and not to legislation any law holds government commitments of financial and political without its consent" . balancing in turn, confirmed the decision of the House of Representatives Muhammad Al-Khalidi "the start of the Vice-President الخراعي meetings with leaders to bring peace initiative document and a document of honor into force upon his return from the United States." Khalidi said in a statement the "Center Brief for the Iraqi Media Network," that "the initiative success depends on implementation mechanisms and on the ground, and it should not be like its predecessors to achieve balance and hold meetings periodically going to do political work and regulating mechanism to solve the problems and crises that led to the signing." Support of the National Alliance Lama spokesman Supreme Islamic Council Sheikh Humaid Maaleh has stressed in a statement the "Center Brief for the Iraqi Media Network," on the need to speed up the meetings to activate the work of the monitoring committee and implementation Supreme chaired by the Deputy President of the Republic Alkhozai to find a mechanism to implement the provisions of the code of honor and approval laws and procedures carried out by the authorities of the three executive, legislative and judiciary by tasks ". He noted Maaleh that "the National Alliance supportive of the document and strength and determination and will follow up the implementation of the elements on an ongoing basis through periodic meetings to be held in order to make it work to preserve the sovereignty and national cohesion." And predicted that "witness next week begin meetings with political forces, leaders and representatives of the blocks to insert the initiative into practice," He stressed, saying: "I do not want to be there interval far between the formation of committees up and sign the document." Observers believe that the document "will not address all the issues and problems the vessels, to the fact that some require a long time to be treated, so it is asked is not all problems except for what can be dissolved and what legislation can be enacted within the laws of initiative and through the formation of joint committees. "

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55378


    Activation of the framework agreement between Baghdad and Washington, 5 years after the signing

    Fares Omar
    28/09/2013

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    Since the signing of the strategic framework agreement between Iraq and the United States, about five years ago, has two governments to emphasize that the agreement constitutes the backbone of the relations of cooperation and wide in various fields.

    and proved the importance attached by the two governments of Iraq and the U.S. to this Convention, and are opening the prospects in the meetings of officials from the two countries at high levels, including the three meetings held by the Higher Coordination Committee and the twenty-four meeting held by the coordinating committees involved in the areas of cooperation covered by the Convention which are many and varied and complex, as well as regular meetings of the working groups emanating from these committees. , for example but not limited to States hosted United last June meeting of the Military Committee Iraqi-American joint in the field of defense and security.

    The meeting discussed issues such as border security, and military strategy of Iraq, and the participation of Iraqi forces in exercises joint regional, as stated in the statement issued by the spokesman's office and the U.S. State Department. preceded this meeting a memorandum of understanding on security cooperation and signed by the Minister of Defense Agency Saadoun al-Dulaimi with the U.S. Defense Department in December 2012. but observers noted that these meetings and memos did not translate into concrete results on the ground, especially in the field of security, which is experiencing parts of Iraq, the various escalation in bombings and attacks terrorist harvested the souls of innocent dozens almost every day. believes commentators that the United States has experienced can not be underestimated in the fight against the armed groups, particularly as she announced a "war on terror" waged for more than ten years, especially against al-Qaeda responsible for the majority of attacks terrorist attacks in Iraq.

    Perhaps this is why the Vice President Khodair al Accompanied by Foreign Minister Hoshyar Zebari to meeting with U.S. Vice President Joseph Biden in Washington. said the Iraqi Foreign Ministry that the research dealt activating the strategic framework agreement between the two countries, namely coordination in the fight against terrorism. Radio Free Iraq met with a member of the Security and Defense Committee in the House of Representatives from the Kurdistan Alliance Chuan Mohammed Taha, who approved the degradation of the security situation from day to day was going to say that the security establishment and defense lost its balance, "hence the need to develop relations with the regional countries and the developed countries in particular and that Iraq is affected directly affected by what happens in the surroundings regional levels.

    agreed Chuan Mohamed Taha with the view that activating the agreements signed between Iraq and the United States pointing in particular to the weakness suffered by the security system in the field of intelligence as a nerve central in any security strategy.

    pointed out a member of the Commission on Security and Defense parliamentary that the United States apart from the strategic framework agreement signed between and between the Iraqi government bears a moral responsibility towards Iraq, because what happens in it remains linked to the outcome of the invasion and to enable the political forces and so any setback in the situation harm the reputation of the United States in international fora, as he put it. considered a member of the Foreign Relations Committee in the House of Representatives for the coalition in Iraq Nada Jubouri The political crisis chronic in Iraq has sent signals raised U.S. concerns, accusing the government of Prime Minister Nuri al-Maliki not serious in the implementation of the strategic framework agreement and selectivity by focusing on the purchase of aircraft, for example, while the agreement covers several other areas. predicted MP Nada Jubouri be important to convince the U.S. United to sell the Iraqi government what you want from the weapons difficult task about the regional situation interlaced and ignited the region, particularly in connection with the conflict in Syria and the economic embargo on Iran and interventions. , but the leader of the coalition of state law on the Keywords stressed that the interest of the United States to implement the strategic framework agreement and the development of cooperation with Baghdad on the basis that Iraq is an important figure in the region and could contribute to a major role in solving their problems.

    explained Keywords that the government's position on what is happening in Syria is dictated by the interests of the state threatened by the risk of ماحق of al-Qaeda as described and expressed confidence that the United States understands this position does not want to see Iraq under the control of al-Qaeda. , a political analyst Ali al-Jubouri acknowledged the importance of the meetings between Iraqi officials and the Americans, but added that most of the meetings results in practice, and the results so far do not rise to the level of challenges, particularly the security of them facing Iraq and that the United States can be provide assistance effective in addressing them. says State Department said government purchases of Iraqi equipment, services and training programs for military forces and Iraqi security forces have increased so far fourteen billion dollars. and sales program of U.S. military in Iraq of the largest programs in the world. contributed in the file via radio Free Iraq in Baghdad Ghassan Ali

    http://www.iraqhurr.org/content/article/25120765.html

    Iraq's reserves of foreign exchange and what it means for the life of the citizen

    Fares Omar
    28/09/2013

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    The Central Bank of Iraq, as in other countries of the world, the management of the national currency and maintain the value and size of rolling them. central bank also oversees the commercial banking system. Unlike the Commercial Bank, the central bank has a monopoly to increase the money supply in the country or be reduced, which is that prints paper currency and metal coin. The central bank controls the quantity of money supply through mechanisms such as setting interest rates and be the last resort to support the banking sector in troubled times and financial crises.

    Among the most important functions of the central bank to maintain the value of the national currency and protect it from fluctuations. And kept the central bank to provide cover for the national currency to build up the country's foreign exchange and gold, for example. indicated that the Iraqi Central Bank as an institution has succeeded generally in this task until he level of efficiency is almost to be an island in a sea of inefficiency compared with other institutions, service was or productivity. central bank kept at this level, although he suffered tremors before the period and attempts to undermine its independence.

    The bank announced recently that the reserves of Iraq's foreign exchange and gold amounted to about $ 80 billion, compared with approximately $ 74 billion in June. said the central bank governor Agency Abdul Basit Turki in an interview that this increase is due to the high price of oil on world markets expected to increase the reserve in the the coming months as well. Radio Free Iraq met a former adviser to the Central Bank of Iraq the appearance of Mohammed Saleh, what this means the size of the cash reserve explained that sovereign wealth offer strong protection for the Iraqi dinar as well as securing months import of approximately 12 months, compared with 6 months in the past, but this extreme importance if we know that Iraq imports almost everything. predicted a former adviser to the central bank that reflected such a cover strong that provided by foreign exchange reserves of the national currency in the high purchasing power of the Iraqi dinar.

    member of the Economic Commission parliamentary Mahma Khalil noted that the increase in the reserve by the Iraqi build basket foreign currency and gold as well as an investment portfolio of Iraqi assets in the financial centers task such as London, Paris and New York means the success of the monetary policy pursued by the central bank. predicted MP Mahmh Khalil to go up the value of the national currency accumulated balance of the sovereign so that the Iraqi dinar equivalent to the U.S. dollar within the next four years (where Iraq plans to increase its oil production to 8 million barrels per day by the year 1917, also said a member of the Economic Committee of Parliament. stressed Mahmh Khalil on the importance of retaining the CBI باستقلاليته in order to continue its monetary policy sound calling on the government to stop its attempts to interfere in Bank's policy, especially as the Constitution itself guarantee him this independence.

    financial expert Majid picture cautioned that the presence of large reserves of foreign exchange alone is not enough to maintain the value of the national currency affected by external factors such as the volatility of oil prices, which sells for Iraq and the prices of goods imported by, and another Interior in the forefront of the security situation and consumerism with the government and the private together at the expense synergies product. Regarding the living conditions of the citizens, the reserve big foreign exchange means what it's supposed stability of consumer prices, but parasites exploit usually the deteriorating security situation and political instability and ignorance dealers dinar and the dollar to increase prices various pretexts), as noted financial expert Majid picture.

    expected and the U.S. Agency for International Development late last year that leads the Iraqi economy, the economies of other Arab countries in the next five years. contributed to Radio Free Iraq correspondent in Baghdad, Ghassan Ali

    http://www.iraqhurr.org/content/article/25120770.html



    28/09/2013

    Dollar exchange rate will remain conservative at the same level until the end of the year




    BAGHDAD .. economic analyst predicted the survival of the U.S. dollar exchange rate stability for conservative until the end of the current year, while stressing that the exchange rates of the dollar in Iraq depends on the internal situation due to the massive oil and pump increase salaries prices.

    Saif al-Ghanimi Executive Director of the Stock Exchange Global in Baghdad told the reporter / JD / that there is a subject of the so-called the "quantitative easing" as the United States and promised by the Fed to increase pumping money in dollars until the end of 2013, affecting negatively the pumping on the rest of the market Global, noting that in the interest of the United States dollar going down to the recovery of the domestic economy and the low level of unemployment and the rotation of the wheel factories and increase production, but all of these measures are going to the expense of other countries.

    He said the U.S. dollar exchange rates in Iraq depends on the internal situation due to the massive oil and pump increase salaries prices, which maintains the stability of the Iraqi dinar, expected survival of the U.S. dollar exchange rate in maintaining the stability of Iraq on the grounds that he would remain conservative on stability in global markets.

    The Association of Iraqi banks for approval of 25 banks to sell the dollar at a rate lower than the advertiser.

    The Managing Director of the Association of Iraqi banks Abdul Aziz Hassan Hassoun in an earlier statement to the Agency / JD /: initiated by the Association of private banks in Iraq to invite the member banks to contribute to the campaign to reduce the price of the U.S. dollar.

    Hassoun stressed: that 25 banks agreed to reduce the sale price of the dollar cash Mukzlk reduce the sale price of the dollar for the purposes of opening letters of credit.




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    Calls for the development of the private banking sector in Iraq

    Ahmed Al-Zubaidi
    28/09/2013

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    Called specialize in the banking business to the need to develop the private banking sector through the enactment of new laws that will promote this sector which has suffered a significant decline in recent years.

    He called on the Secretary General of the Council of Ministers on the Keywords in a statement to Radio Free Iraq on the sidelines of the first conference of the Association of private banks in Iraq, which was held in Baghdad on Saturday, called for the advancement of the banking sector sector in Iraq, through enact laws that would contribute to the development of his work, pointing out the importance of establishing a specialist investment bank, to facilitate the entry of foreign capital into Iraq.

    Meanwhile, a number of bankers that in spite of the presence of more than forty banks waged a factor in Iraq, but the contribution of the banking sector in the Iraqi national product does not exceed 7%.

    The economist sees Bassem Jamil Antoine that the private sector continues to suffer significant setbacks, as described, emphasizing the lack of a clear economic strategy monuments of the state.

    As a member of the Finance Committee in the House of Representatives Abdul-Hussein al-Yasiri was called to allow the private sector to open letters of credit with banks of the world, as well as open official circles to their own bank accounts to contribute to the support of the banks.

    In the meantime, explained Executive Director of the Association of private banks in Iraq, Adnan al-Chalabi, in his speech at the conference, said that "Iraq's economy is still ريعيا and depends mainly on oil imports, which makes the economy in constant danger if exposed oil prices to shocks large," calling to make way for the private banking sector to contribute to the country's gross national product.

    It is said that statistics from the Iraqi Ministry of Planning show that the contribution of the private sector in the state budget ranging between 3% and 7% which is considered by experts felt very weak, compared to the role of this sector in the budgets of some countries, which amounts to about 90% in developed countries industrially.

    http://translate.google.com/translate?depth=1&ie=UTF8&rurl=translate.google.com&sl=ar&tl=en&u=http://www.iraqhurr.org/content/article/25120636.html

    State law denies "rejected" Obama's reception leader and confirms that al-Maliki's visit to Washington will be the beginning of next November

    Author: ZJ
    Editor: BK, BS 09.28.2013 20:06

    Range Press / Baghdad
    Denied the State of Law coalition, on Saturday, canceled a visit Prime Minister Nouri al-Maliki to Washington or reject the U.S. president to her, confirming that it is "still exist" will be the beginning of November of 2013, the current, although it is too early to talk about what ستبحثه files.

    The leader of the coalition of state law, Sami al-Askari, said in an interview to (range Press), "The talk about the abolition of the visit of Prime Minister Nuri al-Maliki, to Washington because of the refusal of U.S. President Barack Obama has lied," noting that "the date of the visit constant has not changed . "

    Arab newspapers have quoted a source, as saying that the U.S. administration "rejected a request to the Iraqi Prime Minister Nuri al-Maliki to meet with President Barack Obama, on the sidelines of the General Assembly of the United Nations in New York," which was held last week.

    He said the military is close to the owners, "The visit will be the beginning of November," adding, "but it is too early to talk what ستتناوله of files."

    The Foreign Minister Hoshyar Zebari said in (the 19th of August 2013), the Prime Minister, Nouri al-Maliki will visit the United States in the month of September the current, indicating that al-Maliki will discuss bilateral relations within the strategic framework agreement signed between the two countries and cooperation in the field of armament and combat terrorism , as well as the latest developments in the region, especially the Syrian crisis.

    The promise of a coalition of state law, (25 August 2013), that "the perception big players كأميركا and Iran, civil Prime Minister Nuri al-Maliki, in the management of Iraq is a good thing," While denied the existence of a relationship between the travel-Maliki to America or India or Iran , the subject of "the renewal of his mandate", he stressed that the past seven years was "enough to know America and other personal-Maliki and leadership qualities."

    It is noteworthy that the Iraqi prime minister, Nuri al-Maliki, had visited Washington in October of 2009, before the legislative elections that took place in the spring of 2010, which encouraged some quarters on the link between the visit "upcoming" and the upcoming elections next spring 2014.

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    Heavenly Father,
    I know that You have the perfect timing for this blessing. I pray that the events of the next 3 days show all pieces falling into place according to Your will. We have all been led to this blessing in different ways and for different reasons. I pray we all have plans to spread Your word the best way we know how.
    I pray for Frank and Tink, Lord. They have sacrificed so much of their time for this KTFA family. So many of us would be lost without them. I thank You, Lord, for them and ask that You give them health and strength in the days ahead.
    We praise You and give all glory to You, Lord.
    :fervently: :fervently:
    AMEN



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    SUNDAY NEWS 9/29/13

    Post by Admin on Mon Sep 30, 2013 12:27 am


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    Shara: payments to the oil companies operating in Kurdistan, one of the signs out of the crisis between the center and the region 29-09-2013 10:32 AM Baghdad (news) .. According to a member of the Oil and Energy Committee MP / National Alliance / Furat al-Shara, said that factors out of the crisis between the Governments of the region and the center, is to push the last dues foreign oil companies operating in the Kurdistan region. Shara said (of the Agency news): The payment of the federal government all dues of the oil companies operating in the region, and Mikablha of minute details taken from the region determine the proportion of paid and extracted product, indicating that it was the formation of committees for that matter, but did not do until now. , and expressed his belief that one of the solutions for the payment of dues operating companies is from the proceeds of oil fields in the region, pointing out that the federal government is not supporters nor opponents of this solution because the negotiations are ongoing between them. noted that the Minister of Natural Resources in the province drastically announced earlier, that in the case of abstinence Baghdad government for securing the rights of the Kurdistan region in the Permanent Constitution, we will resort to an alternative plan to export the region's oil and deducted those companies dues of its revenues. / End / 5. b. PVC / - See more at: http://www.ikhnews.com/index.php?page=article&id=102713#sthash.79Mq9QZv.dpuf
    http://www.ikhnews.com/index.php?page=article&id=102713


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    Vice activation delay due to the economic laws lack the expertise to work out 29-09-2013 11:46 AM Baghdad (news) .. Attributed by the Economic Commission MP / National Alliance / Hussein المرعبي, the reason for not activating the economic laws to the lack of experience of sophisticated enough to manage a free market economy. said المرعبي (IAEA Aabaria news): The non-activation of economic laws such as protecting the product and the consumer and the customs tariff and others, is because there are disruptions to deal with these laws after the transformation of our economy from a centralized totalitarian to a free market. continued: It is this shift we need to modify many of the laws are based on the foundation's central to the laws set out on the basis of the free market. added: that the existing expertise in the ministries consistent with the centralized economy either experiences market Vtqtadha openness to the world market and attract experiences have prior knowledge of the laws and how they are managed according to modern technology. noted that economic laws the task that remains is disabled is the law of protection of the domestic product and consumer protection law and the law of competition and prevent monopoly and tariff and trade / End / 5.'s. m / - See more at: http://www.ikhnews.com/index.php?page=article&id=102729#sthash.3EEm9OOP.dpuf
    http://www.ikhnews.com/index.php?page=article&id=102729


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    Suhail calls when meeting the new representative of the United Nations: the need to complete the unfinished files in the era of Kubler

    Sunday, September 29 / September 2013 12:04
    [Baghdad - where]

    Called First Deputy Chairman of the House of Representatives Qusay al-Suhail new Representative of the Secretary-General of the United Nations in Baghdad Nikolai Mladenov to complete the unfinished files on the era of former Representative Martin Kobler

    A statement by the Information Office of the Deputy First Agency has received all of Iraq [where] a copy of "Suhail received the new Representative of the Secretary-General of the United Nations in Baghdad Nikolay Mladenov and invited him to more cooperation and coordination between the UN Mission, Iraq and the need to update the files that have not been completed at the time of former Representative Martin Kubler, who praised his efforts and his work during his mission in the country. "

    Suhail welcomed the new Representative of the Secretary-General of the United Nations, stressing the importance of the United Nations to give the appropriate role of which you can support the political process and to create appropriate climates that increase the interdependence of Iraq with the international community. "

    He added that the country will provide all it can for the success of the task of the new United Nations mission in particular, and it coincided with that seen in the Iraqi arena of significant developments at all levels of political, economic and security. "

    For his part, new representative of the Secretary-General of the United Nations in Iraq, according to the statement of UN support for Iraq and stand by his side to achieve the aspirations of the Iraqi people, stressing that the current mission requires to provide support and assistance to Iraq in all fields. Ended
    http://www.alliraqnews.com/index.php?option=com_content&view=article&id=100960:2013-09-29-09-04-42&catid=41:2011-04-08-17-27-21&Itemid=86


    Governor of the Central Bank acts involved the regular session of the Board of Governors of the central banks in Abu Illa
    29-09-2013 12:46 PMBaghdad (news) .. participated Iraqi Central Bank Governor agency Abdul Basit Turki Saeed acting session usual for the Board of Governors of the central banks in Abu Dhabi. According to a statement of the Central Bank received the Agency (news) copy of it: that the governor attended the session usual thirty-seventh session of the Board of Governors central banks and the Arab Monetary institutions and conducted its business in the city of Abu Dhabi. / End / l. m /

    http://www.ikhnews.com/index.php?page=article&id=102747


    Maliki: Iraq is ready for the success of the relationship between America and Iran Maliki says that some countries do not wish or do not want to fit into the relations between Iran and America, but after the crisis has taken hold and completed all Ohoatha became very natural that this initiative will be a success and a starting point, especially in light of the new atmosphere between them

    Maliki

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    BAGHDAD / obelisk: welcomed Iraqi Prime Minister Nuri al-Maliki, on Saturday, the positive developments in bilateral relations between the United States and the Islamic Republic of Iran, noting that Iraq was ready to play the role required for the success of their relationship.

    Maliki said in a press statement received "obelisk", a copy of it, that "Iraq is ready to play the role required for the success of this moderate approach between the two parties," and expressed hope that "normal relations prevail between the countries of the world."

    Maliki said that "the orientation of the dialogue flex between the two countries will reflect positively on crises endemic in the region, and will be the basis to find solutions to them, too," stressing "the need to reach the desired result as soon as possible between the two parties, because the world needs for such intrusions to move the stalemate and to pay the atmosphere that hanging over the region and the world. "

    He said al-Maliki that "meetings (5 +1), which was held in Baghdad hosted two U.S. and Iranian, were trading in the presence of the third party represented in Iraq, to ​​discuss Iran's nuclear program was a positive atmosphere at the time, and what happened recently in the United Nations and the atmosphere of the Assembly and connection telephone and a meeting between the foreign ministers of the two countries and issued optimistic statements by a lot. "

    He said al-Maliki that "the crisis between the two countries took شوطها required and interacted in which all differences and obtained by polarization," but he also said that "some countries do not wish or do not want to fit into the relations between Iran and America, but the crisis after it has taken hold and completed all Ohoatha became very natural that this initiative will be a success and a starting point, especially in light of the new atmosphere in America and Iran. "

    Between al-Maliki "the most valuable trends that today the Islamic Republic of Iran, which was represented by Hassan Rohani, and the trends that the United States of America, expressed by President Obama."

    Maliki said that "these trends tend to find peaceful solutions on the basis of common interests between the two countries and an end to situations of tension, which paid for the region and the world," noting that "Iraq has had attempts in this regard based on our belief that finding a solution to the outstanding problems between the two countries for the benefit of the two countries and the region and the world. "

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    Parliamentary economy completed nine out of 31 laws law during the current session
    BAGHDAD / News: Commission confirmed the economy and investment parliamentary Saturday, it held 111 meetings and completed nine out of 31 laws law during the current parliamentary session.
    Image The Vice-Chairman of the Committee Mohammed Salman al-Saadi told "File News" during its review of the achievements of his committee in the House hearing that "the Committee held during the current session 111 meeting to discuss the laws and budgets and completed projects and reports of committees in the ministries and the Council of the provinces, and raised recommendations, proposals and reports thereon to the presidency of the Council, and some have been raised during the sessions of the House of Representatives. "


    Saadi added that "the Commission has completed nine projects for important laws legally out of 31, the most important of the retirement law," adding that "the bills need studies and consultations with various advisory committees, parliamentary committees and legal."


    The committee is headed by the economy and investment in Parliament MP Ahmed al-Alwani absent from attending the sessions of the House of Representatives six months ago, where currently headed by MP Mohammad Salman Saadi behalf.

    The Committee on the economy and investment have indicated earlier in the poor quality of flour distributed within the ration distributed by the Ministry of Commerce and called on the ministry to tighten control on plants to prevent the mixing of flour article poorly qualities.

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    11:23 29/09/2013
    Finance parliamentary: gold price volatility does not affect the reserves at the Central Bank Image
    Baghdad - and babysit - A member of the Finance Committee for the National Alliance MP Amin Hadi, that the fluctuation of global gold prices do not affect the Central Bank's reserves of it.

    Hadi said in a press statement that "the more transactions Iraq to the dollar and gold is just frozen reserves, indicating that the low and high prices does not affect the central reserve."

    "It's in the event of a recession in the money and the direction of sight about buying gold instead of investment and the development of the economy, will adversely affect the global economy" ... p / i

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    11:21 29/09/2013
    Secretariat of the Council of Ministers proposes the establishment of joint development contribution to banks from the public and private sectors
    Image Baghdad - and babysit - suggested by the Secretary-General of the Council of Ministers on the Keywords, banks establish a joint development contribution from the public and private sector investment and specialized to support the investment process in the country.

    The Keywords in his speech during the Matmrakdth Association of Iraqi private banks in Baghdad, "that the banking sector one of pillars of the country's development as provide important services on finance and investment, and called for measures to facilitate the work of private banks and decoding control militant them, to move out of the marginal role to role fundamental in the development of the country economically.

    Keywords asked to review the relevant legislation, and modify some of them to suit and economic development in the country and has the capabilities of human and natural resources, encourage investment inside.

    He called for the establishment of private banks with nature, involving the public and private sectors concerned with investment, for the development of the economy of the country, and open new horizons and joint cooperation between the banking sector, the government and private ... p / i

    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falrayy.com%2F

    Central Bank report discusses the Arab Monetary Fund (IMF)
    09/29/2013 - 15:27 | Source: News Source

    Economy and Business

    Editor: Ammar al-Ani
    Advertise Alsumaria
    Imagealsumaria
    Alsumaria News / Baghdad
    said the Iraqi Central Bank, on Sunday, to discuss the report of the Arab Monetary Fund, noting that it came within the work session usual 37 Board of Governors of the central banks and monetary institutions Arabic. , the bank said in a statement issued today, and received "Alsumaria News", a copy him to "Bank discussed the report of the Arab Monetary Fund and the draft reports of the Arab Economic consolidated in 2013, the agenda of the Board of Governors of the banks." the bank said that "the bank governor Abdul Basit Turki participated the session usual 37 Board of Governors of the central banks and monetary institutions Arabic, which took place their work in Abu Dhabi on Sunday. " The Arab Monetary Fund, the Organization of Arab regional, founded in 1976, and began its operations in 1977, and its main objective is to achieve a balance of payments of Member States, and the removal of restrictions on payments between Member States, and to improve cooperation Arab monetary, and encourage the development Arab financial markets. , founded the Iraqi Central Bank as a bank independent under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.

    http://www.alsumaria.tv/news/83552/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D9%86%D8%A7%D9%82%D8%B4-%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84/ar


    Trade: more than 36 countries and 700 Arab and foreign companies will participate Baghdad Fair
    09/29/2013 - 15:19 | Source: News Source
    Economy and Business

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    Advertise Alsumaria
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    alsumaria
    Alsumaria News / Baghdad
    announced Iraqi Ministry of Trade, on Thursday, to more than 36 countries and 700 companies Arab and foreign countries will participate in the session of the 40th Baghdad International Fair, as indicated that Iraq will provide through so many opportunities for investment, confirmed the need to one billion dollars to develop the exhibition as a whole. The general director of the General Company for Iraqi Fairs Sadiq Hussain Sultan during a press conference held today, attended by "Alsumaria News", that "36 countries and 700 companies Arab and foreign countries will participate in the activities of session 40 to the Baghdad International Fair, which opens on the tenth of next month, of which 18 countries will take part formally, "noting that" the most prominent foreign companies participating included France, Germany, Turkey, India, China and the United States and Britain. " said Sultan said "six Arab countries are among those countries will participate in formal and informal exhibition Baghdad, including Jordan, Lebanon, Tunisia, Egypt and the United Arab Emirates and Kuwait," He pointed out that "all the areas allocated to companies and countries have been leased in full." said Sultan said that "Iraq will provide through the show many opportunities for companies big and serious for the reconstruction of Iraq, in addition to providing other opportunities for local companies to cooperate with international companies to invest in Iraq," pointing out that "exhibitions last three proved the seriousness of the presence of foreign companies big and participation in the reconstruction of Iraq." continued Sultan said "the company mobilized its efforts for the purpose of preparing early for the establishment of the Baghdad International Fair through the rehabilitation of some of the halls although not allocate any funds for the company exhibitions during this year," explaining that "the company exhibitions need a billion dollars to develop and rehabilitate gallery Baghdad completely." The General Company for Iraqi Fairs announced last July, said the ministry provided the date of the session 40 to the Baghdad International Fair for twenty days to determine the 10 of October, rather than the first the month of November next, attributed the reason for this is to synchronize this date with the month of Muharram. noteworthy that the General Company for Iraqi Fairs, founded in 1959, and was then called the Directorate of interest exhibitions of Iraq, where she joined the company during the year 1971 to the membership of the Union of International Fairs, which is headquartered in Paris, held the first exhibition of Iraqis in 1964 in Baghdad, with the participation of four Arab countries, and continued sessions until the entry of U.S. troops into the country in 2003, and then stopped for the instability of the security situation in Baghdad and suffer the Baghdad International Fair of negligence large in most halls devastated by looting and looting after the aftermath of 2003.
    http://www.alsumaria.tv/news/83550/التجارة-اكثر-من-36-دولة-و700-شركة-عربية/ar

    9/29/2013 08:50
    International banks refuse to cooperate with Iraq in the detection of smuggled money

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    Iraq needs to get a court ruling in the States that have deposited money in the banks to recover it.

    BAGHDAD / obelisk: revealed the Integrity Commission, the presentation made by international companies to recover Mawal smuggled from Iraq in return rate of up to 10% of the amount recovered, while confirming that the international banks refused to help us any information about the funds that have been developed and deposit account number and not the names of specific .

    A member of the Committee Deputy Shaker Darraji that "Iraq is suffering from the problem of how to recover the money contraband," adding that "most of the money deposited in international banks refused to help us."

    He explained, "Iraq needs to get a court ruling in the States that have deposited money in the banks to recover," adding, "but this is a very difficult issue."

    He revealed Darraji the existence of names and numbers to the Integrity Commission money smuggled especially those that had been smuggled during the period of the former regime, noting that "the system has deposited money abroad names of intelligence officers, and most of them have been deposited in secret number and not the names of specific and clear."

    He continued, "Despite all these difficulties, we are serious about recovery," revealing "offer by several international companies to recover those Mawal exchange rate up to 10% or more.

    The Finance Committee has announced the appointment of staff in embassies to monitor the transfer of funds contraband, asserting that Iraq is seeking to recover that money to the public treasury.

    A member of the Finance Committee MP Najiba Najib Ibrahim that "the Commission is working to retrieve Iraqi funds that were transferred out of the country in unknown ways and turned by companies or persons habitual ways that are not clearly visible and invisible."

    She Najib "The Ministry of Finance will set the people in Iraqi embassies and consulates located in the countries of the world to see the size of that money and where she is and therefore will return that money to the public treasury because it belongs to the people of Iraq."

    It is noted that the House of Representatives has voted by majority on a draft law amending the law set the money smuggled forbidden traded in local markets.

    http://www.almasalah.com/ar/News/17900/%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D8%AA%D8%B1%D9%81%D8%B6-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D9%85%D8%B9-%D8%A7%D9%84


    Breaking News: Five Explosions Rock the Kurdish Capital
    By Armando Cordoba and Rekar Bradosty 2 hours ago


    Smoke rises atop the General Security Office along 60 meter street after five explosions rocked the Kurdish capital.

    ERIL, Kurdistan Region - A total of five explosions targeted the General Security Office building along 60 meter street in Erbil around mid-day today.

    The death toll reported from security forces has varied from 2 to 6 deaths and there are reports at least 36 people have been injured.

    But the Governor of Erbil, Newzad Hadi, reported that 4 security forces had been killed in the tragic attacks.

    Rudaw has discovered that the attackers detonated one bomb and then came in disguised as medical personnel, showing that the attack was well coordinated by the perpetrators.

    It is unclear at this point whether an ambulance was used as a car bomb, or exploded as a result of other car bombs detonated in the area.

    Plumes of smoke could be seen above the city near the building, and when Rudaw English approached the site, another explosion occurred and fire streamed into the air and the shock wave moved through the streets.

    Men, women and children could be seen running for their lives as the explosion took place when Rudaw English was on scene.

    As soon as the explosion occurred, gun shots could be heard and cars reversing in an attempt to escape the chaotic situation.

    Security forces were also able to diffuse another car bomb before it could be detonated, according to reports.

    Sporadic gunfire could be heard along the streets near 60 meter road as Asayish forces clashed with unknown armed men.

    Security forces have issued a warning to all citizens in Erbil not to get close to the explosion areas and also all transportation into and out of Erbil, the Kurdish capital, has been halted.

    Those injured in the blast have been taken to West Hospital.

    Reports of families of victims in the attacks could be seen near the attack sites, but now all areas have been cordoned off as security forces stabilize the area.

    It is unknown who is responsible for the attack, but it has shocked the Kurdish community, a Region that has been relatively peaceful in the years following the 2003 U.S.-led invasion of Iraq.

    - See more at: http://rudaw.net/english/kurdistan/29092013#sthash.AhypCLbG.dpuf

    UN expresses shock at the attacks that hit Arbil

    Image

    Author: Editor: os reporter:
    09/29/2013 20:14
    Tomorrow Press / Baghdad: The representative of the Secretary-General of the United Nations in Iraq, Sunday, shocked about the bombings in today Arbil, the capital of the Kurdistan region, calling for regional and national authorities to work together to ensure continued peace and tranquility in all parts of the region.

    Nikolai Mladenov said in the wake Ssalsh bombings which used car bombs targeted the city of Irbil in a statement received today, "Tomorrow's Press," "This has struck me the attack, which hit Erbil today shocked and worried about it."

    Mladenov said "I call on the regional and national authorities to work together to ensure continued peace and tranquility in all parts of the region, and to bring those responsible for the attack to justice," and expressed "condolences to the families of the victims and the Governments of the Kurdistan region of Iraq."

    It is noteworthy that two car bombs exploded simultaneously, on Sunday afternoon, near the headquarters of the Directorate of the brave at 60th Street in Erbil province, killing four people and wounding 28 others.

    http://www.alghadpress.com/ar/news/3808/%D8%A7%D9%84%D8%A3%D9%85%D9%85-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%AA%D8%B9%D8%B1%D8%A8-%D8%B9%D9%86-%D8%B5%D8%AF%D9%85%D8%AA%D9%87%D8%A7-%D8%A5%D8%B2%D8%A7%D8%A1-%D8%A7

    Image

    Postby walkingstick » September 29th, 2013, 1:25 pm • [Post 283]

    Maliki: the next government session will cancel Ministries and transfer its powers to the provinces

    Author: BS
    Editor: BS, OK 29/09/2013 15:25


    Range Press / Baghdad
    Prime Minister Nuri al-Maliki, said on Sunday that the session government next will cancel a number of ministries and transfer of powers to local governments, and when he called on governors of the provinces irregular province to be ready to work under those variables, stressed the need to end political competition and qualifying on the basis of partisan .

    Maliki said during a regular meeting of the Coordinating Committee of Supreme provinces of non-performing province in a statement obtained, (range Press), a copy of which, "The session government next will cancel a number of ministries and will switch its powers to local governments so those governments willingness to work under those variables" .

    Maliki said that "political competition must end because the local governments are the Governments of dedicated service to meet the needs of the citizen," noting that "the continuation of the playoffs based on a partisan basis will contribute to the reluctance of work and this will reflect negatively on the performance of the service."

    He said al-Maliki "We have to live all of us and Nrtkz over national identity, and work to take advantage of all the possibilities to achieve the targets set," pointing out that "the central government will continue to provide full support to local governments, despite receiving broad powers under the last amendment to the law of the provinces."

    With regard to the issue of providing the ration card items by local governments, Maliki called officials in the provinces to "study the file is full to prevent any failure in it because the poor are still totally dependent on the ration card items, so you must work on the continued delivery of them."

    Maliki stressed the need to "Local governments in the provinces to accelerate the distribution of plots to poor segments that do not have housing under the National Housing Initiative," expressing his government's willingness to "support the provinces in the area of ​​distribution and allocation."

    The Iraqi Council of Representatives voted on Sunday, (June 23, 2013), on the second amendment of the law on the powers of the provincial non-performing province, while confirmed to the Committee of the Regions parliamentary that the amendments gave wide powers to the provinces in the economic and service, indicating that the amendment provided for increasing the amount of petro-dollars , and give power directly to the governor on all security agencies in charge of the duties in the province.

    The Prime Minister Nuri al-Maliki said, on the ninth of November, 2011, that he is heading towards increasing the powers of local governments and convert many of the projects on them, hoping to be the provinces able to implement projects, also pointed out that the declaration of the regions during this period will turn into a disaster.

    http://www.almadapress.com/ar/news/18929/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A__%D8%A7%D9%84%D8%AF%D9%88%D8%B1%D8%A9_%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D9%8A%D8%A9_%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84%D8%A9_%D8%B3%D8%AA%D8%B4%D9%87%D8%AF_%D8%A7%D9%84%D8%BA%D8%A7%D8%A1_%D9%88%D8%B2%D8%A7%D8%B1%D8%A7%D8%AA_%D9%88%D8%AA%D8%AD%D9%88%D9%8A%D9%84_%D8%B5%D9%84%D8%A7%D8%AD%D9%8A%D8%A7%D8%AA%D9%87%D8%A7_%D9%84%D9%84%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D8%A7%D8%AA


    Sept. 29, 2013, 11:22 a.m. EDT
    Shutdown looms as House votes to delay health law

    By Saumya Vaishampayan and Greg Robb, MarketWatch
    WASHINGTON (MarketWatch) — The federal government moved closer to its first shutdown in 17 years after the Republican-led House voted very early Sunday to delay President Barack Obama’s health-care law by one year as part of legislation to keep the government running.

    The House voted 248-174 to attach a repeal of the tax on medical devices that was to help pay for the Affordable Care Act, otherwise known as Obamacare, and then voted 231-192 to attach a delay of the implementation of the law by a year. The latter also included a provision that would allow employers and health care providers to opt out of mandatory contraception coverage.

    White House spokesman Jay Carney said that Republicans who voted to attach the Obamacare measures to the government spending bill were voting to shut down the government. (Read the White House’s statement..)

    The measure is widely seen as dead-on-arrival in the Senate.

    Before the House vote, Senate Majority Leader Harry Reid said he will not accept changes to the health-care law in exchange for temporary government funding. President Obama promised to veto the measure in the unlikely event it reached his desk.

    If House Republicans and Senate Democrats cannot agree by the Tuesday-morning deadline, thousands of government employees will be unable to work.

    There will be one more round of votes until a government shutdown is certain.

    First, Reid and his fellow Democrats in the Senate are likely to vote on Monday afternoon to table the House measure. Aides said they only need 51 votes to block the bills. Democrats control 54 votes in the chamber.

    This will sideline conservative Republicans in the Senate led by Sen. Ted Cruz of Texas.

    After the Senate acts, the House would then have to pass another measure to fund the government. House Republicans will again have to decide what measures to attach to the bill.

    Rep. Kevin McCarthy of California, the Republican whip, said in an interview on ‘Fox News Sunday’ that the House would send another provision to keep the government open but would likely include a “few other options” aimed at Obamacare.

    A government shutdown would also mean the U.S. jobs report for September won’t be released on Friday. The employment data would be the last major labor-market release before the Federal Reserve meets in October to decide whether to slow monetary stimulus.

    Another budget deadline, over the federal debt limit, is looming over the horizon. Market experts say the debt ceiling debate is one with more potential to roil markets than a shutdown.

    Treasury Secretary Jacob Lew said Congress must act to increase the $16.7 trillion debt limit by Oct. 17.

    Obama on Friday urged Congress to raise the debt limit before Oct. 17 and act to avert the shutdown.

    http://www.marketwatch.com/story/house-republicans-meet-as-shutdown-looms-2013-09-28


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    TUESDAY NEWS 10/01/13

    Post by Admin on Tue Oct 01, 2013 11:24 am

    WND news report discusses coming Global Currency Reset.

    Christopher Monckton of Brenchley – who advised Prime Minister Margaret Thatcher, wrote for the Yorkshire Post, was managing editor of the Telegraph Sunday Magazine and is now a columnist for WND – long has warned that the West is on a terminal financial course, from which recovery eventually will not be possible.

    In a recent commentary, he wrote that it’s not a matter of “whether but when.”

    ....

    Monckton doesn’t stop with suggestions of Canadian monetary integration, however. He suggests a complete “reset” of the American financial system.

    Read more at http://www.wnd.com/2013/09/monckton-push-reset-on-dollar/#7F4AqXMEjIQCGBSH.99




    God morning Family.

    Here is today’s message from the book Jesus calling;

    WORSHIP ME ONLY. I am King of kings and Lord of lords, dwelling in unapproachable Light. I am taking care of you! I am not only committed to caring for you, but I am also absolutely capable of doing so. Rest in Me, My weary one, for this is a form of worship.

    Though self-flagellation has gone out of style, many of My children drive themselves like racehorses. They whip themselves into action, ignoring how exhausted they are. They forget that I am sovereign and that My ways are higher than theirs. Underneath their driven service, they may secretly resent Me as a harsh taskmaster. Their worship of Me is lukewarm, because I am no longer their First Love.

    My invitation never changes: Come to Me, all you who are weary, and I will give you rest. Worship Me by resting peacefully in My Presence.

    1 Timothy 6:15-16; Isaiah 55:8-9; Revelation 2:4; Mathew 11:28




    IAUA's Great Feasts of the 7th Chodesh

    *Note Daylight Savings Time Changes this Chodesh*

    Daylight Savings Time changes in Israel on October 27. Most of the USA changes a week later on November 3rd.



    POSTED BY PAUL PUCKETT AT 6:11 PM NO COMMENTS: LINKS TO THIS POST
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    LABELS: APPOINTED, BIBLE, CALENDAR, FEASTS, GOD, IAUA, LUNAR, LUNISOLAR, SABBATH, SOLAR, TIMES, YAHWEH
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    THURSDAY, AUGUST 29, 2013

    6th Chodesh *Elul* Sep-Oct 2013-2014

    Correction: I just noticed that I had a couple of days wrong at the end of the 6th month, showing Sep 4 and 5, instead of Oct 4 and 5. The oversight has been corrected.

    ...WARNING...

    There is a glaring anomaly in the 6th month calendar presented here below. It has to do with the lunar orbit, and presents some rather unusual circumstances. This is the first time I've encountered this issue so dramatically. So let's give it some explanation.

    Usually, in the transition between the 14th and 15th day, the moon rises about the time of sunset, plus or minus a few minutes or so. This month, it does not. The moon rises about 10 minutes before sunset on Sept 19, at the beginning of the 14th lunar day, instead of the 15th lunar day. This anomaly occurs 1 day, 4 hours, and 26 minutes earlier than it normally would, from the time of the full moon until near the beginning of the 15th lunar day at sunset. There is an explanation for this, and it shouldn't affect the days of the calendar for the month, including Shabbat.

    What appears to cause this anomaly this next month is the length of the lunar orbit. The first half of the month is shorter than the last half of the month. Perigee, which occurs in the first half of the month on Sept 15, is when the moon is closer to the earth, meaning the orbit is shorter and will occur faster. This is why the period between conjunction and the full moon is shorter than usual.

    In the last half of the month, Apogee occurs on Sept 27. This means the moon is farther than usual from the earth causing the orbit to be a bit longer. I won't bore you with the actual time differences. If you are interested, send me an email and I'll provide further info. Please feel free to send me an email if you have any questions about this. Also, let me know if you notice any problems with what is presented here.
    http://yahwehstruelunarsabbathcalendar.blogspot.com/#uds-search-results

    Take notice....Tishri 15 = 888.....This day is 1st day of Tabernacles....It is also October 20th... = 1110...Hmmm... 1110 - "222" = 888...Take notice ...there is exactly 222 prayers in KJ version ....Words Known,Truth and Wisdom are also said exactly 222 times....KJ version...

    ENGLISH Gematria... web page... Look at meanings of 888 and 1110...http://real-world-news.org/numerics/english-gematria.html#count

    Have great day...Hopefully we see new beginnings in morning...But...Clearly pay attention to this day...


    Kuwait economic growth to accelerate to 2.9% next year

    Gulf states to grow in 2014 despite cheaper oil

    DUBAI, Sept 30, (RTRS): Wealthy Gulf states are likely to see their oil and gas revenues drop next year but heavy government spending and increasingly energetic private sectors will keep economic growth robust, a Reuters poll showed on Monday. Global oil prices are expected to fall moderately in 2014 as new supply comes on line from the United States, Iraq and other countries. Futures markets indicate lower prices next year. This will probably push down hydrocarbon export revenues throughout the Gulf. The poll of 15 analysts predicted that Saudi Arabia’s revenues would slip to a median $293.3 billion next year from $312.1 billion in 2013. “The decline in the oil price will weigh on the external and fiscal surpluses in the region,” said Giyas Gokkent, chief economist at National Bank of Abu Dhabi
    http://www.arabtimesonline.com/NewsDetails/tabid/96/smid/414/ArticleID/200202/reftab/36/Default.aspx


    Citi Plans Education Donations Based on Currency-Trading Revenue


    Citigroup Inc. (C:US) will make donations to six nonprofit groups aimed at improving education in the U.S. and emerging markets based on a portion of revenue from foreign-exchange trading on its electronic platform.

    The third-biggest U.S. bank said for the next three months it will donate $1 for every $1 million it executes for clients on its Citi Velocity trading platform, according to Bapi Maitra, Global Head of Institutional e-Commerce Sales.

    The nonprofit groups include Civic Builders, which helps neighborhoods in the nation with insufficient resources to build low-cost charter schools in North America, and EMpower, which supports the health and wellness of youths in emerging markets, including Argentina, Brazil and China.

    Citigroup is the second biggest currency trader after Deutsche Bank AG, according to Euromoney Institutional Investor Plc. (ERM)
    http://www.businessweek.com/news/2013-09-30/citi-plans-education-donations-based-on-currency-trading-revenue


    Unread postby Bandit » October 1st, 2013, 2:45 am • [Post 152]

    :hmmm:

    In my 3 + yrs invested...... I Never seen this before.... only 1 bank and only 45,150,000 at auction..... Screen shot for Sept. 30, 2013... Big Change in Pattern.

    :surprised: :surprised: :surprised:
    Image
    :yikes:

    :shutdoor:

    http://www.cbi.iq/index.php?pid=CurrencyAuctions



    Secret files reveal an Australian bank contracted with Saddam during the period of sanctions for the printing of the Iraqi currency

    30-09-2013 | (Voice of Iraq) - Add a comment -


    Revealed the secret files, on Monday, the Australian investment bank of trying to make a deal illegal business during the period of sanctions on Iraq during the rule of the former regime of President Saddam Hussein to replace the Iraqi currency cash leaves of polymer material (Polymer) produced by the bank.

    Quoted by British newspaper The Guardian report, APS (Fairfax), "The process adopted by the Bank (RBA) of Australia under the designation (Project Delta) during the year 1998, has been canceled after six months when detecting diplomats Australian these deals with the regime of Saddam's dictatorship."

    And found confidential files that "officials from the Department of printing currency from a bank RBA Australian had gone to Iraq during the period of sanctions imposed by the United Nations, to discuss the signing of a contract to convert the Iraqi currency paper that was in circulation at the time to banknotes banking made of paper polymer with Features own. "

    The report went on that "based on the statements of officials of the Bank (RBA) contained in the file secret, during that trip he met officials of the bank by melting Saddam Hussein and his bodyguard Arshad Yassin, who confirmed that Saddam Hussein's have a look at samples of these banknotes and was eager to be adopted, since monitoring $ 65 million for this project. "

    He said a legal expert from the University of Sydney David Giun, that "confidential files contained evidence to issue a strong involvement by officials of the bank during the flight that violated UN sanctions that prohibit and prevent the Australians from doing a deal with Iraq or sell or outfitted goods".

    Two institutions face of the coin banking subsidiary of the RBA Bank of Australia criminal charges for having to pay bribes to win contracts abroad.

    For his part, Vice-President of the Australian Greens Adam Bandit "These scandals of dirty deals, you may shake the majority of Australians," calling for "an investigation run by the authority Committee Maalikis".

    Bandit added that "the stench surround Bank of RBA and its institutions have smelt", noting that "a strong independent investigation would purifies the air."

    Iraq has seen since the expulsion of his forces from Kuwait in 1991 to topple Saddam Hussein's regime in 2003, the process of printing of the Iraqi currency in huge quantities, without lid economist by several printing presses in the country, some of which were followed by the family of Saddam Hussein and his inner circle, and This led to the collapse of the Iraqi currency and not recognized internationally, as well as the arrival of the price to $ 3,000 thousand dinars, which the form of the destruction of the purchasing power of the Iraqi citizen.

    Read more: http://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D118457&usg=ALkJrhijAKRW4msmUnri2iKTEaYV-nPb0g#ixzz2gSmq8wr9


    Infrastructure Act in its final stages await consensus

    01-10-2013 | (Voice of Iraq) - Add a comment -


    Political consensus and political differences, مصطلحان always hesitant with the beginning of the determination of the House of Representatives on legislation that any law. As is the case with other important laws that are lined in a row political consensus, today stands Act infrastructure waiting for consensus and resolve differences to pass and promised services great for citizens in the event of was passed during the remaining time of the age of the parliament.
    Members of the Economic Committee in the House of Representatives disagreed about the possibility of enactment of this Act soon, Between unlikely to pass because of the political pressure and the optimistic adoption by soon to complete the final stages, remains the political consensus is Faisal. Committee member Amer Al-Fayez seemed pessimistic about the possibility of passing a law infrastructure, but he ruled out Just be included in the sessions of the Council of Representatives, attributing it to the continuing political differences on the law.
    Despite the conviction of all the political blocs on the need for enactment of this Act for its usefulness, says the winner of the statement's »Center Brief for the Iraqi Media Network», but it confirms that the political positions Almottagazbh are turning without approval. Hinted winner to deliberate some developing indicators on the law no more than a sham, but the main objective of which is to block the legislation law, expected to not see this law light during the current legislative for not getting compatibility though to find solutions to the most prominent differences thereon and the introduction of a lot of amendments to align with political differences, but it did not fully settled and stayed there another list of belongings. He said a member of the Economic Committee that his committee alone can not convince everyone need enactment of this Act, especially since members of the committee are linked Bechtel political and these blocks have opinions and attitudes can not MP out about them. Unlike its predecessor, it appears Committee member Aziz Sharif Mayahi optimistic that the voting on the law of infrastructure before the end of the current legislative, where he confirmed the arrival of the law to its final stages. said in a statement Maahi received "morning," a copy of it, that "the law has been reduced by the committees of services and education earlier in the sectors of education, building schools and health sector, hospitals and building housing the poor," He pointed out that the Committee of Economy parliamentary rejected this image and felt the need and importance of adding the sectors of agriculture and the creation of roads, water and sanitation, where the committee has been formed in this regard. "He said he hoped to settle the law during the period of very close in the acceptance of all the political blocs to support those sectors. said Mayahi that Iraq desperately needs to repair its infrastructure, so the law of infrastructure is one of the laws SOA arthropod that will serve all segments of the Iraqi people, stressing the need to give priority in the distribution of projects to the provinces poor that suffer from Mahromep Caldewanah, Samawah and Babylon to ensure the provision of job opportunities for the people of those provinces as well because they do not have the resources and revenues like the rest of the provinces that allow them to build projects.

    Read more: http://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D118496&usg=ALkJrhizCGwICxfb2FNsXk27XZyDN76ycg#ixzz2gSneLVLf


    Sad.... but, at least we have the IQD to rescue all of us soon. If they don't have any IQD then I'm sure we as a family can help them post RV. We just have to hang on a little longer.

    I heard on the call tonight that our last Government shutdown was 17yrs ago and Clinton was there with Jack Lew when the Kuwaiti dinar Revalued.... Amazing times we are in.


    :daisy:

    As soon as the IQD pops, I will contact Frank and give some money for their solar panel needs. I'm sure there are many here that will do the same. I tried to vote one more time a moment ago since I just got home from work, and upon pulling up the page, saw that the voting had officially ended.


    BREAKING NEWS Nijaifi leaves for Erbil
    30/09/2013 18:54:00

    Baghdad (NINA) – Speaker of Parliament, Usama al-Nijaifi, left on Monday evening, Sep. 30, for Erbil.

    Lawmaker, Mahmud Othman, told NINA that Nijaifi is scheduled to meet this evening with President of Kurdistan Region, Massoud Barazani, to discuss the draft Election Law.

    Earlier in the day, Parliament postponed debate the Election Law, until Thursday, because of continued disagreement and no agreement on his has reached.

    Disputes revolve around open and close slate, one or more constituencies, nomination requirements and reparation seats the Kurdish Alliance demands. / End.

    http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GKFGEG


    Swedish companies look for investment opportunities in Najaf
    01/10/2013 09:48:00
    Najaf / NINA / Representatives of a number of Swedish companies, specialized in construction and energy, discussed investment opportunities and establishing international trade fairs in Najaf.

    The engineer Zuhair Shurba, the head of Najaf Chamber of Commerce said: "The Chamber of Commerce received the representatives of ABD company specialized in energy projects and AS - CONSTRUCTION company specialized in construction projects, and discussed with them the possibility of opening up a new business and investment opportunities in the province of Najaf because of its economic importance."

    He added: "the possibility of holding exhibitions of Swedish Industries under the auspices of Najaf Chamber of Commerce has been discussed." / End


    http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GKFGMM


    Iraq's permanent representative at the United Nations declaring Iraq's accession to the Treaty on the Comprehensive Test Ban Nuclear
    01-10-2013 01:04 PM
    Baghdad (news) .. Announced the Permanent Representative of Iraq to the UN Mohammed Ali Hakim, Iraq's accession to the Treaty on the Comprehensive Test Ban Treaty.

    According to a Foreign Ministry statement received Agency (news) Nsschh of it: that the Permanent Representative of Iraq to the United Nations, Ambassador Mohammed Ali Hakim deposited its instrument of Iraq's accession to the Comprehensive Nuclear-Test to the President of the Treaty Section of the Office of Legal Affairs Santiago Villalpando, in a ceremony in UN headquarters.

    It is worth mentioning that Iraq has signed this treaty on August 19 of 2008 and deposited the instrument of accession on 26 September 2013 after the approval of the Iraqi parliament in the October 9 in 2012 where it has this Treaty broad international support, and the accession of Iraq, the number of member states (161) state. / End / h. P /
    - See more at: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.ikhnews.com/index.php%3Fpage%3Darticle%26id%3D103072&usg=ALkJrhjhY1mSoJPPGpWk48r3HVVggAsWIg#sthash.r9cxYExx.dpuf


    Congress: Maliki's nomination for a third term depends on the political transactions

    01-10-2013 10:27 AM

    Baghdad (news) / report / Zainab Suncor / .. Court overturned the federal law proposal of the mandate of the three presidencies voted by the House of Representatives last January in line with the constitution, which gave power to propose and legislation of laws for the presidency and the presidency of the Council of Ministers and sent to the House of Representatives for approval .

    Congress in conversations (of the Agency news): tied assume Prime Minister Nuri al-Maliki to third term بالتوافقات the political, noting that Iraq will reject taking street for a third term because of his failure to provide services and security.

    MP / coalition of Kurdish blocs / Sirwan Ahmed, said that al-Maliki popularly unacceptable and can not run for a third term.

    Ahmed said in a statement (of the Agency news): The Federal Court overturned the Parliament's decision not nominated a third term, arguing that the Iraqi street dare to nominate Maliki for a third term because he failed to maintain security and citizen service.

    He added: that the political blocs also rejects Maliki's nomination for a third term because Maliki did not abide by political agreements to be concluded between the political parties as well as non-progressive services to the people.

    In the meantime, MP for / Kurdistan Islamic Union / Osama beautiful, that Maliki win a third term if there was a political deal.
    Jamil said in a statement (of the Agency news): Maliki win a third term if there was a political deal and regional pressure from some countries on the political blocs.

    He added: Maliki's party in the provincial election gets only 47 seats, so it's hard to get votes in the next election of the House of Representatives, but since there was fraud in the ballot boxes.

    For his part, connecting MP / Yazidi Movement for Reform and Progress / Amin Farhan Jeju, Gunn Prime Minister Nuri al-Maliki heads the list and have large audiences so it is their right to engage in the election.

    He added: Maliki's nomination for a third term depends on the political understandings between the blocks so if you got agreements on his third term, he will remain prime minister for another session.

    To order confirmed MP / coalition in Iraq / Jubouri victory, said Maliki's nomination for a third term depends on the components of the National Coalition approvals him / referring to the upcoming parliamentary elections will change the political map of alliances.

    Jubouri said in a statement (of the Agency news): The political ambition of any person allowed to take over the mandate of the third and fourth, and this depends on the extent of the amount of the tender and the amount of votes it deserves.

    She added: including that of the Federal Court overturned the law of the mandate of the three presidencies, there is an opportunity for al-Maliki for prime minister a third term, especially with the existence of a political movement in order to postpone the elections to give the opportunity for the Government to take action growing.

    She MP for the coalition in Iraq: Maliki for a third term is subject to approvals constituent entities of the National Alliance accepting a third term or not, to افتتا to that the next elections will produce new results change the political map of alliances.

    The House of Representatives voted on the Law of the mandate of the three presidencies where the proposal involves law expiry of the mandate of the President of the Republic the end of the election cycle for the House of Representatives, which elected the president by the Board, and may not be the position of President of the Republic by the same person for more than two consecutive or non-consecutive.

    The proposed law defines the expiration of the mandate of the Prime Minister and the end of the election cycle for the House of Representatives which give confidence to the Presidency of the Council of Ministers, may not take over as Prime Minister by the same person for more than two consecutive or non-consecutive.

    And indicates the proposed law to the expiration of the mandate of the President of the House of Representatives the end of the electoral cycle of the Council which he was elected the president by the House of Representatives, and may take over as head of the House of Representatives by the same person for more than two consecutive or non-consecutive and whether that was before the entry into force of this law or beyond. / End / 2. g. / mm
    - See more at: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.ikhnews.com/index.php%3Fpage%3Darticle%26id%3D103043&usg=ALkJrhhQvuAKKOUdhswv7BMIBdn5nXyHlg#sthash.CCUYXji7.dpuf


    Frank - anyone
    Has the way the exchange is going to be taxed been finalized yet? I've heard several different versions on this?
    bryan stevens
    NO, it has not. The answers are vast. It is not just this investment but all currency exchange investments. As of right now, anything that is profitted over 200.00 in exchange is taxed.

    I would highly recommend you read this document noted below
    Overview of the Taxation of Foreign Currency Gain or Loss
    © William R. Skinner, Fenwick & West LLP
    wrskinner@fenwick.com
    (650) 335-7669
    Last Updated June 24, 20131
    http://www.fenwick.com/fenwickdocuments/outline-taxation-of-foreign-currency-transactions-and-translation.pdf

    Here are some publications you can research for your question.

    Selected Recent Presentations and Presentation Outlines:
    Earnings and Profits Update, Repatriation of Foreign Earnings and Impact of E&P on Subpart F Income Calculations, Bloomberg BNA / CITE, Washington DC (August 2013)
    Chair, International Tax Aspects of Foreign Currency Transactions, Bloomberg BNA / CITE, Washington DC (June 2013)
    A Primer on the Use of Section 304 Transactions and Cash D Reorganizations to Effect Internal Restructurings, CITE International M&A Program, Chicago, IL (May 2013)
    Cross-Border Spin-Offs Under Sections 355 and 367(e), CITE International M&A Chicago, IL (May 2013)
    Foreign Tax Credit Mechanics and Foreign Tax Credit Limitation, Bloomberg BNA / CITE’s Introduction to International Tax, New York City, NY (May 2013)
    Overview of the Taxation of Foreign Currency Gain or Loss, Bloomberg BNA / CITE’s Intermediate U.S. International Tax, Seattle WA (March 2013)
    Recent OECD Developments, IFA / TEI Northern California Regional Program on Global Taxation of Intangibles, March 2013
    Foreign Tax Redeterminations under § 905(c) and Other Procedural Issues in Claiming the Foreign Tax Credit, CITE, San Francisco, CA (October 2012)
    Washington Update on New Foreign Tax Credit Developments in 2012, CITE, Chicago, IL, (May 2012)
    The § 904 Foreign Tax Credit Limitation, CITE, New York, NY, (April 2012)
    U.S. International Taxation: Transfer Pricing under Section 482, CITE, Las Vegas, (February 2012)
    Overview of International Tax Planning for High-Tech Companies, SJSU High Tech Tax Academy, San Jose, CA, (October 2011)
    U.S. International Planning for CFCs: Section 1248 and the Consequences of Disposing of a CFC, CITE, Chicago, (August 2011)
    Selected Tax Issues for Start-up & High-Technology Companies, CITE, San Francisco, CA (August 2011)
    Foreign Personal Holding Company Income and Foreign Base Company Services Income, CITE, Tax Planning for CFCs, Chicago, IL, (August 2010)


    MP Djiashi: the need to conclude economic agreements with neighboring countries to activate the intra-regional trade

    01-10-2013 01:31 PM

    Baghdad (news) .. MP / National Alliance / Khaled Djiashi, the need to Abram economic agreements with neighboring countries for the purpose of activating the bilateral trade with a focus on the import of products with specifications International. said Djiashi (of the Agency news): that the federal government required to conclude economic agreements with neighboring countries in the the promotion of intra-regional trade, with a focus on product quality so that it is according to international standards and are identical to the specifications of Iraq to meet the shortfall of some products in the domestic market. added: that the activation of intra-regional trade will enhance trade exchanges and the development of economic relations between Iraq and its neighbors to him, calling to activate Tariff Act to keep the national product. This was announced Minister of Construction and Housing Mohammad Darraji for design development Home to set up lines ways land linking the capital Baghdad with neighboring countries aimed at promoting trade exchanges with neighboring countries. / End / 8.'s. m /

    http://www.ikhnews.com/index.php?page=article&id=103079


    Vatican bank accounts may close embassies after a suspicious deposits and withdrawals, Iraqi and Iranian

    01/10/2013

    Image

    BAGHDAD / JD / .. The sources revealed the Vatican bank probably will close all accounts of foreign embassies after concerns about the operations of deposit and withdraw cash big missions carried out by Iraq, Iran and Indonesia.

    The sources told Western news seen by / JD / that the authority of financial information which is a financial control of the Vatican, which examined the transactions in 2011, believes that the justifications embassies for withdrawals and deposits very vague or non-proportional to the amount of money that was up to 500 thousand euros in one-time .

    In one case, a large sum was withdrawn and it was said that because of the renovations.

    According to sources, demanding the Vatican bank - whose official name is Institute of Business religious, financial information and the authority to reduce the possibility that the bank and becomes unintentionally way to money laundering and other financial operations illegal.

    The four-informed sources, that the closure of accounts is likely to be one of the key recommendations in the process of a broad review ordered by Pope Francis Bank, which is the date and tainted by financial scandals an embarrassment to the Vatican for a long time.

    Is expected to be completed by year-end audit.

    According to sources, the Financial Information Authority wrote to the Vatican bank in the second half of 2011, expressing concern about the withdrawal and deposit operations undertaken numerous embassies of Iran, Iraq and Indonesia.

    Declined to Iraq and Iran embassies to the Vatican to comment on the movement of funds or regulatory concerns.

    Indonesia's ambassador to the Vatican St., Bahar Bodiarman, the embassy pulls up to ten thousand euros at the time of its bank account for personal uses of and for other purposes, but large amounts are transacted through bank transfers.

    A spokesman for the Vatican bank by mail, if your bank does not comment on matters concerning the authority of financial information and had no comment on the possible closure of the accounts of embassies.

    The authority said the financial information, it does not disclose details about the cases where verification not comment on the audit on the bank. / End / 22 /

    http://dananernews.com/News_Details.php?ID=3981


    Where statistics: dollar sales at the central bank auction escalated and exceeded the 5 and a quarter billion
    Tuesday, 01 October 1 / Okrudolf 2013 10:49

    Image

    [Baghdad - where]

    In statistical prepared and all of Iraq [where] the auction sale and purchase of foreign currency emerged that the Iraqi central bank sales of the dollar in the past month September sales rose for the month of August with more than $ 700 million.

    The statistics indicated that the central bank sold at an auction sale of foreign currency during the month of September 5 billion and 275 million and 645 thousand compared to $ 4 billion and $ 563 million and $ 751 in the month of August.

    According to central bank data daily, these huge sums sold a stable exchange rate is 1166 dinars per dollar, while the dollar sold on the black market at about 1220 dinars to the dollar.

    This means that if the buyers have sold the purchased currency from the central bank had received the benefit of 54 dinars per dollar, and the total up to more than 284 billion dinars for the month of September only.

    The Iraqi central bank held six sessions a week for auction sale and purchase of foreign currencies, starting from Saturday to Thursday and held over the past month 26 meetings

    It was the highest amount of selling in a single day during the month of September in an auction on September 9 when the sale of 282 million and 989 thousand dollars, one of the 4-day sales exceeded a quarter of a billion dollars. Ended


    http://www.alliraqnews.com/index.php?option=com_content&view=article&id=101381:----------5---&catid=37:2011-04-08-17-25-57&Itemid=56


    Chalabi suicide Maliki: $ 44 billion missing funds outside the budget!!

    A member of the Iraqi parliament criticized the policy formation Ahmad Chalabi investigative committees, which track any security breach or financial and administrative corruption, indicating that there are things not subject to these committees,

    Chalabi said in a press statement that Prime Minister Nuri al-Maliki has spent about $ 44 billion outside the framework of the general budget and illegally during the years of wisdom also confirms that the budget secrecy to the Prime Minister of $ 7 billion, and these are not subject to the control of the parliament or the Ministry of Finance which is not recorded in the general budget State and what has been spent this amount, which represents half of the budget of Jordan and Syria, is not this a cause of corruption.

    He added: Where the results of investigations into the security breach and the corruption of Russian arms and the massacre of Hawija and others ..

    It is noteworthy that the U.S. Inspector General competent file fund the reconstruction of Iraq, Mr. Stuart Bowen is currently in Baghdad confers with Iraqi officials to reveal the fate of the $ 400 billion lost after the occupation of Iraq .. When will constitute another committee in this regard.

    http://alkashf.org/news.php?action=view&id=238


    News and Announcements


    To banks authorized to exercise all banking (tutelage)
    10/01/2013


    http://cbi.iq/?pid=Home&lang=ar



    Vatican bank closed the accounts of its embassies after receiving warnings about Iraq and Iran

    Image

    01/10/2013

    Baghdad / File News: It is likely that the Vatican bank closes all accounts of foreign embassies in the wake of concerns about cash deposits was withdrawn by its missions in Iraq, Iran and Indonesia, according to figures familiar with the situation.

    According to Reuters news agency that "financial control at the Vatican studied the transactions in 2011, and I have the money transfer process by 500 thousand euros was withdrawn in cash, where it is believed that the justification embassies in the process of transferring that money was vague.

    Bank and the IAEA and the international financial oversight trying to put an end to the front of the exploitation of the religious establishment as an illegal means of money laundering.

    The agency noted that "there are 7.1 billion euros of assets under the management of the Vatican bank, which manages the funds of the priests, nuns and Catholic Charities and the staff of the Vatican, but the number of the account holders may swell to 19 thousand people."

    She continued, "there are fewer than 24 people of the total approved by the Vatican in 180 countries have accounts in the bank," pointing out that "the Pope expressed concern to international scrutiny in 2011 about a lot of withdrawals, cash and deposits by their embassies in Iraq, Iran and Indonesia, where These countries are classified among the countries at high risk of financial crime. "

    The Anti-Money Laundering Office in Iraq was formed in 2007, and that its law was issued at the time of the civil governor of Iraq, Paul Bremer, after 2003, as the sales of auction rate the Central Bank of Iraq on a daily basis, ranging from 150 to 225 million dollars.

    Since the founding of the auction for the day was able to central bank selling $ 200 billion, according to Statistics semi-formal, and the proportion of remittances abroad amounting to from 80 to 85% of those amounts so called specialists need to have a special directorate to follow the money laundering operations, and that the Iraqi economy began to hurt physically Because of those semi-structured processes, and so far there are no figures and statistics by any regulatory body, whether governmental or non-governmental organizations about the size of money laundering operations that have taken place in Iraq.

    http://www.almalaf-news.com/ar/index.php?action=new&id=2132&title=%D8%A8%D9%86%D9%83%20%D8%A7%D9%84%D9%81%D8%A7%D8%AA%D9%8A%D9%83%D8%A7%D9%86%20%D9%8A%D8%BA%D9%84%D9%82%20%D8%AD%D8%B3%D8%A7%D8%A8%D8%A7%D8%AA%20%D8%B3%D9%81%D8%A7%D8%B1%D8%A7%D8%AA%D9%87%20%D8%A8%D8%B9%D8%AF%20%D9%88%D8%B1%D9%88%D8%AF%20%D8%AA%D8%AD%D8%B0%D9%8A%D8%B1%D8%A7%D8%AA%20%D8%AD%D9%88%D9%84%20%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%20%D9%88%D8%A7%D9%8A%D8%B1%D8%A7%D9%86


    10/01/2013 12:48
    Vatican bank accounts may close embassies after concerns about Iraq and Iran

    Image

    Indicate the authority of financial information in the Vatican that "the justifications embassies for withdrawals and deposits very vague or non-proportional to the amount of money that was up to 500 thousand euros at a time, according to sources, in one case was withdrawn a large sum and it was said that in order to renovations."

    BAGHDAD / follow the obelisk: Informed sources said that the Vatican bank probably will close all accounts of foreign embassies after concerns about the operations of deposit and withdraw cash big missions carried out by Iraq, Iran and Indonesia.

    The authority of the financial information in the Vatican that "the justifications embassies for withdrawals and deposits very vague or non-proportional to the amount of money that was up to 500 thousand euros at a time, according to sources, in one case was withdrawn a large sum and it was said that in order to renovations."

    The authority pointed out that "the Vatican bank wants to reduce the possibility that the way to money laundering and other financial transactions illegal."

    The authority wrote to the financial information the Vatican bank earlier, expressing concern and deposit withdrawals many carried out by the embassies of Iran, Iraq, Indonesia, abstained Iraq and Iran embassies to the Vatican to comment on the movement of funds or regulatory concerns.

    A spokesman for the Vatican bank, "the bank does not comment on matters concerning the authority of financial information and had no comment on the possible closure of the accounts of the embassies."

    The Financial Information Authority said it does not disclose details about the cases investigated by not comment on the audit of the bank.

    http://www.almasalah.com/ar/NewsDetails.aspx?NewsID=18013


    walkongstick wrote on October 1st, 2013, 7:34 am:Vatican bank accounts may close embassies after a suspicious deposits and withdrawals, Iraqi and Iranian

    01/10/2013

    Image

    BAGHDAD / JD / .. The sources revealed the Vatican bank probably will close all accounts of foreign embassies after concerns about the operations of deposit and withdraw cash big missions carried out by Iraq, Iran and Indonesia.

    The sources told Western news seen by / JD / that the authority of financial information which is a financial control of the Vatican, which examined the transactions in 2011, believes that the justifications embassies for withdrawals and deposits very vague or non-proportional to the amount of money that was up to 500 thousand euros in one-time .

    In one case, a large sum was withdrawn and it was said that because of the renovations.

    According to sources, demanding the Vatican bank - whose official name is Institute of Business religious, financial information and the authority to reduce the possibility that the bank and becomes unintentionally way to money laundering and other financial operations illegal.

    The four-informed sources, that the closure of accounts is likely to be one of the key recommendations in the process of a broad review ordered by Pope Francis Bank, which is the date and tainted by financial scandals an embarrassment to the Vatican for a long time.

    Is expected to be completed by year-end audit.

    According to sources, the Financial Information Authority wrote to the Vatican bank in the second half of 2011, expressing concern about the withdrawal and deposit operations undertaken numerous embassies of Iran, Iraq and Indonesia.

    Declined to Iraq and Iran embassies to the Vatican to comment on the movement of funds or regulatory concerns.

    Indonesia's ambassador to the Vatican St., Bahar Bodiarman, the embassy pulls up to ten thousand euros at the time of its bank account for personal uses of and for other purposes, but large amounts are transacted through bank transfers.

    A spokesman for the Vatican bank by mail, if your bank does not comment on matters concerning the authority of financial information and had no comment on the possible closure of the accounts of embassies.

    The authority said the financial information, it does not disclose details about the cases where verification not comment on the audit on the bank. / End / 22 /

    http://dananernews.com/News_Details.php?ID=3981


    Maliki's Coalition Fear Of "Failure" In The Upcoming Elections
    On October 1, 2013 in the political

    BAGHDAD / News Network Iraq - through the State of Law coalition led by Prime Minister Nuri al-Maliki on Tuesday, for fear of the "failure" of the upcoming parliamentary elections, as pointed out that the election law includes a large number of options, which "may lead to failure," calling refer to the law of the House of Representatives election 2010 as a "compromise . "

    http://malware-site.www/2013/10/%D8%A7%D8%A6%D8%AA%D9%84%D8%A7%D9%81-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D9%8A%D8%AE%D8%B4%D9%89-%D9%85%D9%86-%D9%81%D8%B4%D9%84%D9%87-%D9%81%D9%8A-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%AE/


    The stability of the International Monetary Fund's reserves dollar at 3.76 trillion dollars
    October 1, 2013 07:16 PM Last Updated: October 01, 2013 7:20

    Image



    Data from the International Monetary Fund on Monday that the reserves of dollar's global central banks not undergone little change in the second quarter of the year compared with the first quarter. According to Reuters amounted reserves dollar International Monetary Fund 3.76 trillion dollars in the second quarter, compared with 3.766 trillion dollars in the first quarter, according to the fund. And formed reserves in U.S. currency around 61.9 percent of the total reserves of the Fund. rose reserves fund in euros equivalent to 1.446 trillion dollars - or 23.8 percent of total reserves - from 1.431 trillion dollars. and declining reserves fund in euros mostly since 2009 in light of concerns about sovereign debt crisis and the economic crisis in the euro zone. dropped the yen's share of reserves to 3.8 percent in the second quarter from 3.9 percent in the first quarter

    http://www.mubasher.info/ISX/news/2404053/%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A%D8%A7%D8%AA-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D9%8A%D8%A9-%D8%B9%D9%86%D8%AF-3-76-%D8%AA%D8%B1%D9%8A%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1


    Egypt: freeze negotiations with Iraq to import 4 million barrels of crude oil
    10/01/2013 - 2:35 pm |


    President of the Egyptian General Petroleum Tariq al-Mulla, freezing negotiations with Iraq to import crude oil.

    The Egyptian government has signed with their Iraqi counterparts last April an agreement Egypt imports which 4 million barrels of crude oil per month from Iraq, to ​​be refined in laboratories Egyptian, but the negotiations have been hampered after Iraq's status conditions for the completion of import operations, including demanding Egypt letter of guarantee A foreign banks, the UN, to ensure that Egypt's ability to repay foreign currency import oil.

    Mulla said in a press statement that "Iraq put some conditions are not commensurate with the economic conditions of Egypt them to be a grace period for payment of 3 months, and we hope that up to 9 months, such as Kuwait, or 6 months, and stipulated that also open a letter of credit from a bank of global First Class. "

    Mullah stressed that "the Iraqi side was frank with the Egyptian government since the beginning of the negotiations, as called for Egypt to open letter of credit with the Bank of belonging to the European Organization of the United Nations."

    According to observers, the Iraq stresses in credit conditions due to the signing of Baghdad on the Charter of the United Nations with the transfer of revenues from the sale of oil to the organization by a European or American banks that deal with the organization so that they can discount reparations Iraq's invasion of Kuwait.

    Iraq has signed and Egypt in March last year an agreement during the visit of the Egyptian delegation headed by former Prime Minister Hisham Qandil to Baghdad requires the approval of the Iraqi side to meet the Egyptian request to provide the Egyptian Petroleum four million barrels per month of crude oil Basra and through the Iraqi oil marketing company Sumo .

    The Egyptian government has requested preferential rates reduced oil imports from Iraq has refused to Iraq

    http://www.burathanews.com/news_article_213033.html


    Updated October 1, 2013, 6:51 a.m. ET
    Government Shuts Down as Congress Misses Deadline
    Senate Rejects House Bill to Delay Part of Health Law; Obama Gives Notice to Workers

    WASHINGTON—After three years of ducking crises with last-minute deals, Congress finally ran out of ways to patch over its differences. Unable to meet a midnight Monday deadline for funding the government, lawmakers allowed it to shut down.

    The White House ordered federal agencies to suspend a vast array of activities shortly before midnight, after a day of frantic legislative volleying left Senate Democrats and House Republicans at an impasse over government spending and the 2010 health-care law. The next steps to resolve the stalemate remained unclear

    Markets that have slipped recently face a test Tuesday, given that a larger deadline for Congress—over the need to raise the nation's borrowing limit—is less than a month away.

    Many federal workers reporting to their agencies Tuesday morning will undertake a half-day of shutdown preparations before more than 800,000 employees in the government's workforce of about 2.9 million are sent home. While essential functions such as law enforcement and air-traffic control will continue, a large number of federal activities, among them Internal Revenue Service audits and surveillance for flu outbreaks, will be suspended.

    "Unfortunately, Congress has not fulfilled its responsibility. It has failed to pass a budget and, as a result, much of our government must now shut down until Congress funds it again,'' President Barack Obama said in a video message to military and defense personnel around the world.

    He added that personnel in uniform would remain on duty. "The threats to our national security have not changed, and we need you to be ready for any contingency,'' he said.

    On Capitol Hill, a day of rapid-fire legislative maneuvering between Senate Democrats and House Republicans over the terms of a short-term spending bill collapsed late Monday. House Republicans said they planned to appoint a set of negotiators to work out a budget resolution with a small group with senators. But the GOP move came with no concessions on the party's central demand—that Democrats agree to scale back the new federal health law—and it brought lawmakers no closer to reaching a budget deal.

    Senate Majority Leader Harry Reid (D., Nev.) rejected the move, saying he wouldn't enter negotiations until the House agreed to reopen the government by extending its funding for several weeks. "We like to resolve issues, but we will not go to conference with a gun to our head," Mr. Reid said on the Senate floor.

    Republicans denounced Senate Democrats for refusing to negotiate. "Our hope this evening is we will be able to put reasonable people in a room," said House Rules Committee Chairman Pete Sessions (R., Texas).

    The first partial federal shutdown since 1996 came amid a fight that was less over spending levels than over the federal health-care law championed by Democrats, the Affordable Care Act. Driven by a set of combative Republican conservatives, the GOP-led House moved a series of bills to fund federal agencies for several weeks while delaying the start of the health law or stripping it of funding.

    The Senate rejected each one, saying Democrats wouldn't negotiate changes to the health law as a condition of funding the government.

    It was a clear indication that in an era of divided government, Congress is proving increasingly unable to fulfill its basic job of setting budget and spending priorities.

    Markets in Asia on Tuesday morning sold off modestly as the deadline for a U.S. government shutdown passed, while the dollar declined slightly in Asia trading. Stocks sold off across the globe on Monday.

    The coming days will likely be marked by intense political maneuvering, with both sides trying to seek political advantage. Polls suggest the GOP would bear the blame for any repercussions, but Republicans believe that Democrats will face political risk as well, because they are defending a health-care law that remains unpopular in many quarters.

    In their final exchange, in the waning hours before Monday's deadline, the House passed by a 228-201 vote a short-term spending measure that would have funded agencies through mid-December while delaying for one year the law's requirement that most individuals carry health insurance or pay a penalty. It also would have limited government subsidies for lawmakers' own health-care premiums and those of their staffs. The Senate rejected it shortly afterward, 54-46.

    After 1 a.m., with the shutdown of agencies already triggered, the House voted again to support the same proposal, returning it to the Senate with a measure that would set up a negotiating committee. The vote was 228-199.

    To limit the impact of the shutdown on the Pentagon, Congress passed and Mr. Obama signed legislation just before midnight that would ensure that all members of the military be continued to be paid for the duration of the shutdown, even as hundreds of thousands of other government workers will be furloughed without pay.

    Republican lawmakers on Monday had been faced with a choice. With the Senate rejecting changes to the health law, they could have pushed once again for the Senate to change its mind, or deferred their fight against the health law to another day and passed a funding measure shorn of health-law provisions.

    After a 90-minute meeting of the House GOP on Monday afternoon, Republicans decided to press again with another attempt to curb the health law.

    While Republicans rallied behind their hang-tough strategy, through the day there were clear signs of growing anxiety about political fallout to the party from a shutdown.

    "It is moronic to shut down the government over this," said Rep. Devin Nunes (R., Calif.).

    Even before the new move was advanced, some Republicans were urging GOP leaders to drop the fight over the spending bill.

    "We have tried robustly on the spending bill, and it hasn't borne fruit," said Rep. Doug Lamborn (R., Colo.). He said the GOP could use other tactics to fight the health law, but "for this week, we may have to give up."

    Others said they were eager to press he fight against the health law. "Obamacare is slowing the economy down even more than a government shutdown would," said Rep. Marlin Stutzman (R., Ind.), before a closed-door GOP meeting on Monday. "It's creating chaos for the American people."

    The tea party and other conservatives have for months pressured congressional Republicans to try to undercut the law before Tuesday, when a crucial milestone will be passed—the launch of a new system of health-insurance marketplaces for individuals to buy policies.

    Sen. Ted Cruz (R., Texas) led the unsuccessful fight in the Senate to pass the House's initial legislation to eliminate money for the health law while funding the rest of the government.

    http://online.wsj.com/article/SB10001424052702304373104579107051184641222.html?mod=WSJ_Home_largeHeadline


    Finance Parliamentary See He Can Not Adopt A Source Other Than The Budgets Of Iraq's Oil
    On October 1, 2013 in the economic

    Baghdad: News Network Iraq - announced the Finance Committee in the House of Representatives lack of interest in direct and significant in the commercial sector and economic order can rely on these sectors in the state budget. Said committee member Rep. Dler Abdelkader in a press statement that "Iraq is a country of oil and tries in every way development of oil fields and increase production that oil is the main source in the budget of the Iraqi state, "explaining that" even after ten years can not rely on the economic sector and trade in the state budget. "explained Dler Abdelkader that" the general budget for Iraq in 2014 has completed the formulation of the Ministry of Finance During the week or ten days, the Council of Ministers will begin discussing and voting on them and then convert them to the House of Representatives for legislation as soon as possible. "

    http://malware-site.www/2013/10/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%AA%D8%B1%D9%89-%D8%A7%D9%86%D9%87-%D9%84%D8%A7%D9%8A%D9%85%D9%83%D9%86-%D8%A7%D8%B9%D8%AA%D9%85%D8%A7/

    Parliamentary Committee Ruled Approve Oil And Gas Law During The Current Legislative Session
    On October 1, 2013 in the economic

    Baghdad: News Network Iraq - ruled out of the oil and energy parliamentary approval of the law of oil and gas during the current legislative session. Said committee member Susan Saad in a press statement on Tuesday that "the oil and gas law is purely political, so it is impossible passed during this legislative session." And showed that "its worked hard that there will be a compromise between the two governments central and Kurdistan region in order to pass this law, but the large number of joint committees between the two sides caused disable approval, as is not so far settle the matter through the agreement on the points of contention in the law." The decision of the Commission on oil and energy parliamentary Qasim Muhammad Qasim has been ruled out is the other approving the law of oil and gas during the current parliamentary session in the absence of a national consensus between the political blocs. Kassem said in an earlier statement that "the law of oil and gas is one of the important laws of the country which is a bone of contention between the political blocs so still hang in the House of Representatives as a result of the intransigence of the blocks and not to show flexibility towards it, explaining that approval needs to be a national consensus by the parliamentary blocs, stressing that in the event of disagreement between the blocks on passing this important law, it will leave to the next parliamentary session. The oil and gas law one the most important laws in the country being regulated oil and gas wealth and distributes powers between the federal government and local governments in the provinces and the region, where the central government insists that the operations are contracted and oil extraction and exploration in her hand, while calling for local governments to grant these powers

    http://malware-site.www/2013/10/%D9%84%D8%AC%D9%86%D8%A9-%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%AA%D8%B3%D8%AA%D8%A8%D8%B9%D8%AF-%D8%A7%D9%82%D8%B1%D8%A7%D8%B1-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%88/

    Urgent .. Urgent .. Jakoj unique to the news ... Foil a terrorist plot to assassinate Ahmed Nuri al-Maliki!!
    Date: Monday 30/09/2013 08:12 pm

    Sources forces, especially in Swat, the arrest of a terrorist group that was planning to assassinate Ahmed Nouri al-Maliki, the prime minister's son

    The source said that security forces had arrested the accused terrorist a week ago and confessed to a terrorist group was gathering information about the movements of Ahmed Nuri al-Maliki

    The source added that the SWAT forces to arrest all accused of plotting the assassination of the prime minister's son investigation is still underway with them

    The said Ahmed Nuri al-Maliki works as the Office of the Prime Minister

    http://www.chakooch.com/news.php?action=view&id=3676


    Barclays shuts down UAE personal bank accounts
    By Daniel Shane
    Tuesday, 1 October 2013 4:28 PM
    Customers told Arabian Business that they had been telephoned by the bank on Tuesday morning, and informed that their accounts were being frozen.
    Barclays has started closing the accounts of some of its retail customers in the UAE, just weeks after the lender announced that it was selling off its local retail arm.

    Business and personal banking customers told Arabian Business that they had been telephoned by the lender on Tuesday morning, and informed that their accounts were being frozen.

    "I was asked by the bank to come into the Emaar Square headquarters this morning," one of the customers, a British expatriate, who preferred not to be named, said. "They told me my account was being closed, but refused to give me a reason as to why.

    "When I asked my relationship manager how many other accounts would be affected, he said hundreds, if not thousands - both personal and business.

    "I felt like I was being treated like a criminal."

    Another customer, who runs a medium-sized business, said that his debit card stopped working at 2pm on Monday, and his online account was frozen shortly afterwards.

    "Barclays claimed they sent a letter, but I never received it," he said. "Now they are refusing to give me my money - they said they sent me a manager's cheque for the outstanding balance, which I have not received.

    "It's really damaging my company - without having a bank account I can't operate until I get my money back and this is sorted out."

    Arabian Business was unable to reach a Barclays spokesperson for comment.

    In September, Barclays Plc announced it will sell its retail bank in the UAE, highlighting the challenges foreign banks face in the Gulf competing against cash-rich local rivals who are finding it easier to meet stricter rules on risk.

    Under chief executive Antony Jenkins, the British bank is axing at least 3,700 jobs globally, reining in pay of senior bankers and closing businesses across the group in the face of new capital rules.

    "Barclays has decided to re-focus its efforts in the UAE on its key strengths in corporate and investment banking and wealth and investment management," the bank said in a statement last month.

    * With Edward Attwood




    http://m.arabianbusiness.com/barclays-shuts-down-uae-personal-bank-accounts-521119.html


    GCC Industry Ministers to hold 37th meeting in Riyadh Wed.
    01/10/2013 | 03:27 PM | World News
    تصغير الخطتكبير الخط
    RIYADH, Oct 1 (KUNA) -- The 37th meeting of Industry and Trade Ministers of the Gulf Cooperation Council (GCC) will be held on Wednesday at the GCC Secretariat headquarters in Riyadh.
    GCC Assistant Secretary General for Economic Affairs Abdullah bin Juma al-Shibli, said in a statement, that the ministers will look into recommendations resulting from the preparatory meeting of GCC undersecretaries of Industry aimed at bolstering joint industrial cooperation among the six states.
    They will also discuss the amendments of the Uniform Act on the industrial organizational system between GCC countries, preparing a study to establish a technology incubator, as well as setting a strategy to develop the industrial sector, besides other issues.
    The ministers will follow up the implementation of the 36-meeting recommendations of the Industrial Cooperation Committee, besides reviewing a report issued by the Gulf Organization for Industrial Consulting (GOIC) related to the operational program of the first half of the 2013. (end) yms.lb KUNA 011527 Oct 13NNNN



    http://www.kuna.net.kw/ArticleDetails.aspx?id=2336728&language=en
    Image

    ✽¸.•♥♥•.¸✽✽¸.•♥♥•.¸✽✽¸.•♥♥•.¸✽

    Precious Jesus, King of Kings

    "Give ear to my words, O Lord; give thought to my heart-searchings. Let the voice of my cry come to you, my King and my God; for to you will I make my prayer. My voice will come to you in the morning, O Lord; in the morning will I send my prayer to you, and keep watch."
    Psalm 5:3


    Shutdown puts us in the land of Oz run by munchkins: Citi’s Buiter
    October 1, 2013, 8:50 AM

    Image

    Well, Toto, I have a feeling we’re not in Kansas anymore.

    More precisely we’re walking down the yellow-brick road, at least according to Willem Buiter, Citi’s global chief economist. The “irresponsible” acts perpetuated by Congress that led to a U.S. government shutdown have picked up our cozy little economy in tornado-like fashion, plunking it down in Oz.

    “The world’s largest economy looks like the land of Oz run by the munchkins,” he said on CNBC Tuesday morning.

    And beware: There are wicked witches lurking. If the shutdown inhibits a deal to raise the debt ceiling, leading to a potential sovereign-debt default, the global economy is sure to feel the wrath.

    “If the U.S. is to default on even a small portion of its debt, it could pull the rug under the global economy,” Buiter said on CNBC. “U.S. sovereign debt is the linchpin of the global economy.”

    The debt ceiling has long been discussed as the more important piece of the fiscal wrangling in Washington, though default is still seen as a highly unlikely scenario. But the shutdown brings us one step closer to the next showdown.

    Markets, however, aren’t showing much bewilderment at finding themselves in the land of Oz. U.S. stock futures are up, Treasurys are down, and the dollar is sagging. All of which suggests that if we’re in this alternate reality, we might as well let this adventure begin and set off to see the wizard.

    http://blogs.marketwatch.com/thetell/2013/10/01/shutdown-puts-us-in-the-land-of-oz-run-by-munchkins-citis-buiter/







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    TUESDAY MORNING NEWS 10/01/13

    Post by Admin on Tue Oct 01, 2013 7:06 pm

    Cabinet gives security agencies nationwide hot incentives of up to 50% of the total salary
    01/10/2013 - 17:00
    | Source: News Source
    Iraqi street

    Alsumaria News / Baghdad,
    the Defense Ministry announced the agency Saadoun al-Dulaimi, on Tuesday, he decided to give the employees of the army and police allocations of up to 50 percent of the salary total, indicating that the decision will include five provinces hot security. Dulaimi said at a news conference after the cabinet meeting, attended by "Alsumaria News, "" The Cabinet decided unanimously to grant allocations 50 percent of the salary total for each member in the army and the police, in the provinces of Nineveh, Salahuddin and Anbar, Kirkuk and Hilla. " and added that "these provisions, should not exceed half a million for every officer and soldier , and it is the right of the National Security Council to add to these provinces in any other region to see hot spots. " and that "this decision is very important, and will be reflected on the morale of the fighters are positive." It is noteworthy that the National Alliance MP Abdul Mahdi al-Khafaji, called on the government to grant allocations dangerous or incentives to employees of the military in hot spots of 100% of salary or $ 750 thousand dinars a lump allocation, similar to their peers who are in the presidential areas in order to encourage them to fight "terrorism."

    http://www.alsumaria.tv/news/83697/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7-%D9%8A%D9%85%D9%86%D8%AD-%D8%A7%D9%84%D8%A3%D8%AC%D9%87%D8%B2%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D9%86%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%81/ar



    Sad.... but, at least we have the IQD to rescue all of us soon. If they don't have any IQD then I'm sure we as a family can help them post RV. We just have to hang on a little longer.

    I heard on the call tonight that our last Government shutdown was 17yrs ago and Clinton was there with Jack Lew when the Kuwaiti dinar Revalued.... Amazing times we are in.


    :daisy:

    I wasn't able to listen to the call last night. It did not stream well at all on my laptop, so the audio was very choppy. I look forward to the recording today. Thanks for all you do, Frank and team.

    I had recently heard someone else say that there was a government shut down with Pres. Clinton just before the Kuwaiti reval was consummated. So I started a little research this morning. I was always under the impression that Clinton was in office when the KWD RV occurred. To my surprise-not so. He may have ultimately been the benefactor, but not in office when the RV actually happened.

    Here's a short timeline of events:

    Iraq invaded Kuwait August 1990 and the Kuwaiti Dinar value dropped.

    Saddam was ousted in February 1991 and KWD revalued March 25, 1991.

    http://www.nytimes.com/1991/03/25/world/after-the-war-no-electricity-but-kuwait-reopens-its-banks.html

    George HW Bush Presidential term January 20, 1989-January 20, 1993.

    Bill Clinton Presidential terms January 20, 1993-January 20, 2001.

    Here's a listing of the most recent US government shutdowns since Bush Sr.


    1990 October 5- October 9 for 4 days

    President George H.W. Bush vowed to veto any continuing resolution that was not paired with a deficit reduction package, and did so when one reached his desk. The House failed to override his veto before a shutdown occurred. Congress then passed a continuing resolution with a deficit reduction package that Bush signed to end the shutdown.



    1995 November 13 - November 19 for 5 days

    In the shutdown of 1995 and 1996 President Bill Clinton vetoed a continuing resolution passed by the Republican-controlled Congress. A deal was reached allowing for 75 percent funding for four weeks, and Clinton agreed to a seven-year timetable for a balanced budget.



    1995 December 16 - January 6, 1996 for 21days

    Subsequently the Republicans demanded President Clinton propose a budget with the seven-year timetable using Congressional Budget Office numbers, rather than Clinton's Office of Management and Budget numbers. However, Clinton refused. Eventually, Congress and Clinton agreed to pass a compromise budget.



    2013 October 1 -Ongoing

    Due to disagreement regarding inclusion of language delaying the Affordable Care Act,[11] the Government has not passed a funding bill. Negotiations have come to a stop and the United States federal government shutdown of 2013 is in progress.

    http://en.wikipedia.org/wiki/Government_shutdown

    This does not change my opinion of this investment at all. I previously was under the impression that Bush Sr. liberated Kuwait, lowered the KWD currency value and revalued shortly after Clinton took office in order to help out the Clinton administration. Clinton did eventually benefit from the KWD revalue, but it was after Bush Sr. had about two years with the KWD. I do recall that in the last couple years of Bush Sr's tenure, the economy started to rebound, but the political damage was done by then and he subsequently lost the next election to Tricky Bill.

    Just found this interesting and felt the need to share.


    At Iraq's holy shrines, signs of a country on the road to recovery
    October 01, 2013 11:05 IST

    Image
    Arwa Sultan Ali, who visited Iraq’s holy cities of Najaf and Karbala, sends her impressions of the war-torn country.

    After Mecca and Medina, Najaf and Karbala are the most revered by Shia Muslims. Even with all the news of war, terrorism, firing and bombing happening in Iraq, Shia Muslims are not deterred from visiting this least peaceful country in the world.

    Belonging to a Shia family in Mumbai, I had a chance to visit Najaf and Karbala with them last month for 10 days. Iraq was not new to my parents. They had been there twice before, the last time in 2002, and they were happy to take out time again for a third trip.

    Before leaving, I had no expectations of Iraq being an entertaining destination. Yet I was excited that I have a chance to travel to a war-torn country for the first time. I wanted an in-depth experience of the long-standing conjectures and descriptions of the world on Iraq and traveling there surely made all the difference.

    We took off last month, but we were not alone. A small group of Shia Muslims from India were traveling with us too and we would all be given accommodation at common community hostel.

    Our first stop was Najaf, a city in Iraq about 160 km south of Baghdad. We were flying there directly. Al Najaf International Airport was about four years old.

    We normally always assume airports to be one of the busiest and noisiest spaces of the world. But here the story played out differently. It was so silent at the airport that I forgot how tired I was after the airplane journey.

    After I stepped out of the airport, my eyes opened to a wide view of a barren, vast space with very few trees. We walked a few metres to coaster buses that were lined up for our arrival. They were in very good condition. Later, I came to know that these coasters were imported from neighbouring countries.

    I thought to myself, “Surely a country that is struggling with a chronic short supply in food and basic amenities obviously doesn’t have the capacity or resources to host indigenous coaster buses. So the bus service is definitely a luxury in this country.”

    After the men loaded all the bags, we took off to our community hostel. During my journey I noticed that there were many security check-points a little distance away from the airport. I saw armed security officials strictly checking a fleet of cars and buses at all these check-points.

    I also saw many barbed wires twirled on the sides of the road where the armed officials walked. I couldn’t see their eyes. They always wore glares. Many of them were equipped with remote bomb detection sensors and were found using it typically on heavy vehicles such as our coaster buses.

    When we were traveling through the broad freeways of Najaf, I noticed that the landscape of the city didn’t change much. I saw acres and acres of unproductive, fallow land everywhere.

    I also noticed that the roads were very clean. The landscape around me made me realise the deep sense of isolation that this country has been living in for many, many years.

    Shortly before our arrival, a prior group of travelers who stayed at the community hostel before us had already vacated the premises to go to Karbala. I saw an Iraqi worker bring dozens of bags down through the elevator.

    Next, he stacked up all of the bags at the corner of the reception. I assume the rooms were already cleaned up before we arrived because I saw him taking an air-freshener upstairs to scent all the rooms.

    After waiting for some time at the reception we were assigned rooms. At this time of the year, Iraq is terribly hot. It was a relief to get into an air-conditioned room after eight hours of traveling in the heat.

    Few people in our group had a great sense of humour that really made us laugh especially when we were all not used to surviving in very hot temperatures. Lighter moments truly distracted our minds. I miss them and their jokes as well.

    Najaf is renowned as the site of the tomb of Ali ibn Abi Talib, also known as “Imam Ali”, the First Imam of the Shiites, the cousin and son-in-law of the Prophet Muhammad whom the Shia Muslims consider to be the righteous caliph.

    Najaf is also known for the Great Mosque of Kufa, or Masjid Al-Kufa. The mosque is located in Kufa, Iraq. It is one of the earliest mosques in the world. This mosque is most revered because it is the place where “Imam Ali” was fatally struck on the head while in Sujjood (prostrating) On the first day we went to the Haram with our group members.

    (Haram in Arabic means sacred site). Pilgrims are checked for security reasons before entering the Haram. The checking process was such a trivial formality that anyone with a weapon could take it inside with ease. I think what they needed is an intelligent security system that could catch someone with a weapon off guard in seconds.

    No mobiles or cameras are allowed inside the Haram. Shoes are also not allowed. Women and men went in separately.

    The Haram today has grown magnificently since 2002. My parents were amazed by its sheer size. They said, “It was never that big and so widespread.” The Haram is also fully air-conditioned and open 24 hours of the day. Today Iraqis in the Haram have a chance to bask in its spaces. Many of them happily even sleep.

    On our first day, our group sat together and listened to the mournful recitement of Imam Ali’s assassination delivered by our group leader. Many people in our group were quietly grieving while listening to him.

    An Iraqi emotionally touched by the mentions of Imam Ali’s assassination lauded our group leader by picking up his ‘topi’ (hat) and putting it back on his head and then stroking it a few times. The group leader didn’t get distracted with this intriguing, non-verbal communication and I think he made a good decision by not reacting to it.

    The Haram is housed in a grand structure with a gold gilded tomb and many precious objects in the walls. Many walls are also engraved with Kufic script. Kufic is the oldest calligraphic form of the various Arabic scripts and it is often used as decorative element at various holy sites situated in Muslim countries.

    Nobody is allowed to touch the tomb of Imam Ali so that it remains forever protected from any sort of damage. The tomb is enclosed in a chamber. Even the high ceilings around the chamber and the top of the chamber are made of precious metals such as gold and silver and precious stones such as diamonds and rubies.

    Most of these precious objects are imported from different parts of the world. All the objects used come together beautifully as a design that is stencilised on the high ceilings of the chamber. It looks stunningly spectacular.

    The chamber sides are divided in such a way that men get more than half of the share to touch and prostrate against “Imam Ali’s” chamber.

    While the men can pay respect with much ease, women had no option but to pay their respect the hard way. Their mettle was put to test by the sheer intensity of the pushing and prodding from various other robust women. At least to me, it just felt short of a stampede. I had sustained a terrible pain in my arms on the first day of visit to the Haram and my bag broke too while getting out.

    Many of the women from our group were so smart that they would scuttle their way through slight openings from one particular corner of the chamber, prostrate against it and then keep moving in the side way direction and simultaneously continue prostrating till they reached the end of the other corner. Then, they would turn back and elbow out.

    I too adopted this smart approach, but if I felt that the weight of other women was too much for me to handle, I would slide out from the mob half-way. I think I quit a few times in-between. Other times I went to the Haram at early morning hours. During that time, prostrating the chamber was a smooth sail.

    There were women supervisors controlling the crowd 24 hours a day, but having them around doesn’t help the situation. I think what contributes to the pressure is that women are high on religion and they take too much time to move even an inch away near the chambers. Especially those women who don’t stay in Najaf are very persevering.

    As in any other Gulf land, Iraq too has a Muslim law, wherein a woman is not allowed to show her hair and even her feet. I did not find it tough to follow this particular tenet and at the same time many Indian people from our group were not too conscious of their hair showing.

    Yet there were times our group women were caught showing their hair and I was caught three times for showing mine. One occasion I remember particularly well. An Iraqi lady from the back patted me when I was almost close enough to grab a part of the chamber by my hands.

    I looked back to see who it was. I saw her and she pointed to my hair and said, “Haraam (which means unholy)”.

    I put my hair inside and continued closing in on the chamber. After I came out of the throng, I saw the same woman again. I was a bit afraid of her this time.

    Before I could do anything or say anything, she tried to help me with my hair. When she was done, we smiled at each other and she left. It was nice spending a moment with her.

    Iraqi women reminded me of beautiful nuns garbed in black cloth.

    The dresses women they wore inside carried a charm of its earliest surviving Arab ethnicities. I found them intriguing. They were lacy and frilly, something I have never seen before.

    For a moment I wondered which one is a true image of Muslim women. Was it the black fabric women cloaked themselves in or the modest, ethnic yet liberating dresses they wore within?

    Every day we would visit the Haram where Imam Ali is buried and come back to our community hostel for some delicious food. Eating a tasty meal after a tiring day was a treat.

    Our last stop was Karbala. We went there by bus. While traveling, I saw more broad freeways, quite, clean but appallingly empty roads. Commercial areas or even residential houses are very few and far between. House windows are always shut.

    There are few billboards with women in ads and pointed flags in colours of silky green, black and red are spotted everywhere. Most of these flags are torn. I also passed through areas that had many incomplete, pending constructional works, abandoned overhead pathless wires and a collection of toppled furnishings.

    Even with these circumstances, I would say all is not lost in Iraq. Commercialisation is making inroads. The city of Najaf and Karbala has grown around the shrine of the Haram. The city benefits from an end number of pilgrims and devotees that come to visit the site. Due to traffic generated from the visit of pilgrims, Najaf’s has its very own international airport.

    The government has also started looking for professionals to invest in airport advertising.

    There are subtle signs of improvement even in the infrastructure facilities provided, in the transportation used, in the overall cleanliness of the Harams and in the evolution of commerce in the country.

    Earlier there were no commercial shops close to the Haram. Today a long row of shops exist around the Haram. Many women come there often to feast their eyes on what’s trending in apparel designs, shoes, etc. Various other items such as chocolates, scarfs, laces, textile material are also sold.

    In 2002, when my parents visited Iraq, the Haram and its surrounding areas were unhygienic. Today the Haram has been sanitised, enclosed and air-conditioned. They are covered with a sea of carpets. They use fresheners, vacuum cleaners and a variety of advanced machines to keep the Haram clean and up to date.

    Drinking water provisions are also available inside the Harams. Women are hired to clean and control crowds. So there is small working population of women too.

    However, something more crucial than all of these improvements is the ability to defend oneself from giving up on life in an anemic environment of Iraq.

    I believe that many Iraqis currently think tha it does no good to them to work because somebody else is going to reap the benefit of what they work for. This sort of mindset would mean the beginning of the end of Iraq’s survival and enrichment.

    That is why, at least according to me, there is urgent need for government intervention in pushing for people’s upliftment and empowerment.

    It would be discomforting for any country to be known in the world for being the place where the highest executions of the world take place, where the funeral business seems to be flourishing at a rapid rate and where the highest numbers of journalists in the world are attacked for doing their job. But this is Iraq’s current stark reality.

    Image
    Image: The Shrine of Imam Abbas, brother of Imam Hussein is seen in the holy Shiite city of Karbala

    Coming back to my pilgrimage, Karbala contains the tomb of Hussein ibn Ali, grandson of Prophet Muhammadand the third Shia Imam. The mosque stands on the site of the grave of Hussein ibn Ali, where he was martyred during the Battle of Karbala in 680.

    Another focal point of the Shia Muslims pilgrimage to Karbala is al-Makhayam, traditionally believed to be the location of Hussein's camp, where the death of Hussein and his followers is publicly commemorated. Many pious Shia Muslims ask to be buried in and around Karbala.

    Karbala is also contains the tomb of Al-Abbas, half-brother of Hussein ibn Ali. He is revered for his loyalty to Imam Hussein, his respect for the Ahl al-Bayt, and his role in the Battle of Karbala. He was known as the greatest warrior in Arabia and mirrored the strength of his father, ‘Ali ibn Abi Talib.

    Al-Abbas was buried at that ground where he fell from his horse in Karbala, Iraq. It is a short distance away from Imam Hussein’s shrine. A Haram is built around his grave to which millions of pilgrims visit and pay homage.

    Shia Muslims have a firm conviction in Prophet Muhammad, his family members (Ahl al-Bayt) and descendants (including the Shia Imams) and their companions.

    I have seen an Iraqi women putting water on the chamber in one of the Haram and then drinking that water. Another example is my mom asking me to put the dust that settles around the chamber on my forehead.

    The architecture and design of the shrine of Imam Hussein is similar to that Imam Ali. There is also a similar security checking system in place for entering Imam Hussein’s shrine and women face congestion issues here too.

    The city is one of Iraq's wealthiest, profiting both from religious visitors and agricultural produce, especially dates. Many people in Karbala also make their livelihood from services of an ancient transport system -- wooden carts that require pushing by hand.

    In Karbala I also befriended a woman who hailed from Basra. She knew a bit of Hindi and she asked me personal questions. I told her I am not married and she appeared puzzlingly disturbed. I wanted her to relay her thoughts on young, unmarried, Muslim women.

    I wanted to get in touch with her independent mind. I wanted to also ask her questions too, but my mom whisked me away like she always does and I had to go. I still remember bidding her farewell twice. I hope she is doing well.

    When leaving Iraq I noticed that every sign post is written in Arabic and if there is anything written in English, there is always some spelling error. I also noticed that black seems to be the favourite colour of Iraqis.

    I saw so many Arabic banners on black backgrounds.

    Ten days after we came back from Iraq, yet another car bomb rocked the holy city of Karbala. The casualties of the car bomb that exploded in the industrial area of Karbala injured killed 26 people and injured 22.

    http://www.rediff.com/news/slide-show/slide-show-1-at-iraqs-holy-shrines-signs-of-a-country-on-the-road-to-recovery/20131001.htm#8


    Updated October 1, 2013, 1:24 a.m. ET
    Fed's Move Prompts Revaluing of Dollar
    Investors Unwind Bullish Bets on Greenback

    By NICOLE HONG
    Investors are dumping the dollar, after the Federal Reserve's surprise decision to maintain its stimulus program heightened concerns over whether the U.S. is still leading the way in the global push to raise interest rates.

    The WSJ Dollar Index, which measures the greenback's value against other major currencies, has fallen 2% in the past three weeks. On Sept. 18, the day the Fed said it would keep up the pace of its monthly bond purchases, the currency suffered its second-biggest one-day decline this year

    The Fed's decision forced investors to hastily unwind bullish dollar bets that they put on earlier in the year, when a series of strong economic indicators pointed to a quickening recovery. For most of 2013, the Fed was seen as the one that would lead other central banks around the world in tightening monetary policy and raising interest rates after the financial crisis. That portended higher returns for dollar-denominated assets.

    Investors now question that premise, which sent the dollar to a three-year high in July. Not only did Fed officials signal last week that the economy hasn't improved enough for any stimulus removal, but they also said interest rates will stay at record low levels for at least two more years. The signals dashed dollar-buyers' hopes for an earlier rate hike.

    "Up until the Fed meeting, we considered the Fed to be the central bank most likely to raise interest rates or withdraw stimulus first," said Anders Faergemann, a senior portfolio manager at PineBridge Investments, which manages $68.4 billion. "But now, we have to look at all the other central banks."

    With the U.S. central bank continuing its stimulus and economic activity picking up from the U.K. to New Zealand, the dollar is starting to lose ground to currencies in countries where central banks have signaled more imminent rate increases. The Reserve Bank of New Zealand said in early September that raising its 2.5% benchmark rate will "likely be necessary next year" as the country's housing market improves. The dollar fell 7% against the New Zealand dollar in September, trading at $0.8296 on Monday.

    Mr. Faergemann sold U.S. dollars and bought New Zealand dollars after the Fed decision. He also has been buying the U.K. pound over the past month. A rebound in the U.K. jobs market recently propelled the pound to an eight-month high against the dollar, as investors speculate that the Bank of England will raise rates sooner than its projection of 2016.

    In the two weeks ended Sept. 24, investors cut by 87% their bets that the U.S. currency would rise, according to the Commodity Futures Trading Commission. Last week, investors pared their bullish dollar bets to a seven-month low of $2.9 billion—the biggest weekly drop since at least 2007.

    "A few months ago, it seemed like the U.S. economy was getting better, the Fed was going to tighten and the dollar was going higher," said Troy Gayeski, a partner at SkyBridge Capital LLC, which manages $8.5 billion. "A lot of the parts of that thesis have come apart in a short amount of time."

    Some investors think the dollar will rebound from its recent setback. The International Monetary Fund predicts the U.S. economy will expand faster than other advanced economies through at least 2015.

    "Regardless of what the Fed says, there is no question the U.S. economy…is showing some signs of recovery, and that is going to lead the rest of the world over the next six to 12 months," said Luca Avellini, a partner at JCI Capital Ltd., which manages $1.2 billion. Mr. Avellini has maintained his bullish dollar bets.

    However, the short-term uncertainty still could send the dollar unwinding its gains for the year. Investors are unsure whether U.S. data in the next few months will be strong enough for the Fed to begin withdrawing stimulus this year. The U.S. government also faces battles over the federal budget and debt ceiling in October. Those uncertainties alone will make the dollar less attractive, said Stephen Jen, founder of hedge fund SLJ Macro Partners LLP.

    "It's very difficult to be confident on the short-term call on the U.S. dollar," Mr. Jen said

    http://online.wsj.com/article/SB10001424052702304795804579097153996420652.html?mod=WSJ_Currencies_LEFTTopNews
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    Bank Heavyweights to Meet with Obama on Budget Crisis

    Post by Admin on Wed Oct 02, 2013 8:37 pm

    Bank Heavyweights to Meet with Obama on Budget Crisis

    Monday, 30 Sep 2013 03:56 PM



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    The chief executives of large banks including Goldman Sachs Group Inc. will meet with President Barack Obama this week as Wall Street urges Congress to end the budget stalemate in Washington.

    Wednesday's White House visit, confirmed by three people familiar with the schedule, was set up by the Financial Services Forum, a trade group representing the CEOs of the 19 largest banking and insurance firms. The executives are also set to meet with Treasury Secretary Jacob Lew and several lawmakers.

    The CEOs plan to discuss the White House’s negotiations with Congress over funding the government and raising the debt ceiling, said the people, who spoke on condition of anonymity because details of the meeting were still being worked out. Unless the Republican-controlled House and Democratic-controlled Senate come to an agreement by midnight Monday night, much of the government will shut down. Congress will then have a matter of weeks to approve a measure increasing the amount the U.S. can borrow or risk a default.

    While many Wall Street firms have kept a low profile in Washington following the 2008 financial crisis, some big-bank CEOs have been speaking out on the economic danger posed by a prolonged political battle over fiscal issues. Goldman Sachs’s Lloyd Blankfein, chairman of the Financial Services Forum, warned in a talk last week at the Clinton Global Initiative that the budget standoff was harming the U.S. economy and markets.

    Remove ‘Threat’

    The forum was also one of several industry trade associations that signed a letter by the U.S. Chamber of Commerce and 250 business groups last week urging Congress to fund the government and “raise the debt ceiling in a timely manner and remove any threat to the full faith and credit of the United States.”

    Blankfein is expected to attend the Obama meeting, the people said. JPMorgan Chase &Co.’s Jamie Dimon, Citigroup Inc.’s Michael Corbat, Deutsche Bank AG’s Anshu Jain and Bank of America Corp.’s Brian Moynihan are also among the invited CEOs. Laena Fallon, a spokeswoman for the forum, declined to comment.

    Dimon, whose bank faces of series of regulatory and law enforcement probes, was in Washington last week to discuss settling several mortgage cases with Attorney General Eric Holder at the Justice Department headquarters.

    Along with Obama and Lew, the Wall Street chiefs are scheduled to talk with Mike Crapo, the senior Republican on the Senate Banking Committee and Jeb Hensarling, the Republican chairman of the House Financial Services Committee, industry officials said.

    © Copyright 2013 Bloomberg News. All rights reserved.


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    EARLY WEDNESDAY MORNING NEWS 10/02/13

    Post by Admin on Wed Oct 02, 2013 8:41 pm

    Najafi: the political forces at a crossroads and there is a chance to walk the path of peace

    02-10-2013 | (Voice of Iraq) - Add a comment -


    Alsumaria News / Baghdad
    Take House Speaker Osama Najafi, Wednesday, that the political forces at the crossroads of history and there is a chance to walk the path of peace, stressing that the Iraqi people proved to be worthy of building a democratic kept his sovereignty over his homeland, as pointed out that recent statistics of the UN proved killing 1800 Iraqi a wave of violence in the past two months.
    Nujaifi said in a speech during the celebration of World Day of Peace which was held House of Representatives, today, in collaboration with the United Nations and the participation of the Human Rights Commission representative, and was attended by "Alsumaria News", "Iraq lived wave of increasing violence as data showed the United Nations that the number of victims in Most of Iraq's provinces reached during the months of August and September about 1800 martyr, "noting that" all political forces today stands at a crossroads of history with a chance to move in a decisive manner towards peace. "
    The Nujaifi that "the agreement to solve our problems in cooperation and partnership and get away from the divisions created by the gadfly sectarianism for some, and to do this you must go back to those who created a concept of world peace and the effort we have every reason to hope," adding that "the facts have proved that our people worthy of building experience solid democratic kept him sovereignty over their homeland and its resolution independent, and are democratically فنارا, despite serious transformations which حاقت and still achieve it, and despite the ferocity targeting and unity, will and integrity, security and stability. "
    The United Nations Mission to help Iraq (UNAMI), revealed on Tuesday (October 1, 2013), that the proceeds of acts of violence for the month of September last reached according to the numbers of victims killed 979 Iraqis and wounded 2133 others as she has revealed, in (1 September 2013), that violence toll for August stood at 804 dead and 2030 injured.
    Little had been in 1981 by General Assembly resolution to the United Nations 36/67 decided to celebrate the World Day of Peace, celebrated the first day of peace in September 1982, In 2001, the General Assembly voted unanimously approved Resolution 55/8282 which designates September 21 days to refrain violence and cease-fire, and constantly calls on the United Nations all peoples and nations to commit to a cessation of hostilities during the day, and to revive education and awareness among the public on peace-related issues.


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    Barzani's party won 38 seats in the final results of the regional parliament elections

    02-10-2013 | (Voice of Iraq) - Add a comment -


    Alsumaria News / Duhok
    Announced the Electoral Commission for elections, Wednesday, in the victory of the Kurdistan Democratic Party ranked first in the final results of the parliamentary elections of the Kurdistan region and winning 38 seats, indicating that the MDC and the Patriotic Union of Kurdistan (PUK) obtained the second and third places respectively.
    The Chairman of the Board of Commissioners in the election commission Serbst Mustafa during a press conference held today in Arbil, attended by "Alsumaria News", that "the final results of the parliamentary elections of the Kurdistan region showed win the Kurdistan Democratic Party led by Massoud Barzani, the first prize and winning 38 seats," noting that "MDC came in second place after winning 24 seats, followed by the Patriotic Union of Kurdistan (PUK) led by Jalal Talabani third place with 18 seats."
    He Mustafa said "the Islamic Union came in fourth place after winning 10 seats, while I got JI six Mhadltkon fifth place," adding that "the Islamic movement and Freedom and third trend and the Socialist Party won one seat for each of them."
    And Mustafa that "seats quota distributed on two seats to the list of progress Turkmen and two others to the list of Mesopotamia and the two also gathering Chaldean Syriac Assyrian," pointing out that "both from the list of Erbil Turkmen and change the Turkmen and the Iraqi Turkmen Front and the Armenians got one seat for each of them."
    The Electoral Commission for elections announced, on September 28, 2013, the victory of the Kurdistan Democratic Party led by Massoud Barzani, the Kurdish parliament elections followed by the MDC as a third party solution Talabani, stressing that this represents 95% of the results.
    He called the President of the Kurdistan region, Massoud Barzani, the political parties to accept the results of the parliamentary elections territory responsibility and spaciousness issued, asking not to launch shots at the announcement of the results and to maintain security and protect the lives of citizens.
    It is noteworthy that the Kurdistan region has witnessed, in (21 September 2013), the process of universal suffrage for the parliamentary elections the region with the participation of more than two million people, where competition 1138 across the 31 candidate list for the 111 parliamentary seats.


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    Near the distribution of compensation for 100 families affected by the "terrorism" in Diyala

    02-10-2013 | (Voice of Iraq) - Add a comment -


    Alsumaria News / Diyala
    Announced an MP for the province of Diyala Mona Amiri, Wednesday, near the distribution of financial compensation to some 100 families affected by the "terrorism," calling to change the compensation mechanisms to overcome the routine procedures.
    He said in a statement for "Alsumaria News", "The central committee supervising the file of compensation in Diyala completed the legal and administrative procedures for the granting of some 100 families affected by terrorism, financial compensation for the destruction of their homes or lost their sons in a spiral of violence during the past period."
    She added that "the process of disbursement of compensation will take place in the near future after securing the financial instruments of the affected families," pointing out that "the size of the financial compensation identified by an ad hoc committee is working according to the guidelines and specific instructions."
    And called Amiri "the central government to make changes in the mechanisms of financial compensation to handle routine procedures and reduce the time periods for compensation insurance affected families as soon as possible," asserting that "the number of people affected by terrorism in Diyala is very large and requires steps rapidly to secure compensation in the coming period."
    It is noteworthy that the central government has allocated billions of dinars of financial compensation for hundreds of affected families in Diyala over the past years.


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    Training 5 thousand a member on Finance and Banking


    10/02/2013
    Said director of banks at the Ministry of Finance, Dr. Hilal Taan that the center of the financial and accounting training to the Ministry of Finance's systems during the current year specialized courses for more than 5000 trainees in the financial and banking departments and accounting.

    He Taan in a statement has been rehabilitated a large number of employees of the ministries and the three presidencies of the Angels administrative, accounting and financial and banking as well as giving officials at the banks of the class A and B right Authorization instruments issued by banks after their success in the session, which lasts Center organized.

    He explained that the center is one of the formations and the Ministry of Finance, was established under Law No. 93 of 1981.

    Noting that the center promotes the task and responsibility of developing the skills and capabilities, knowledge and behaviors and patterns of the Angels financial and accounting in the Ministry of Finance and other ministries and departments not associated with the Ministry, including the mixed sector and civil society organizations, explaining that it comes to upgrading the performance of employees in the departments of Finance and others through the establishment of programs and courses rehabilitative and specialized training alike. He noted that the courses organized by the Center involving a large proportion of the staff along with a number of trainees from the private sector. Pointed out that the training center and the development of financial and accounting of the Ministry of Finance has trained about 15 thousand a member of the government departments and the Iraqi private sector during the year 2012. He to the center unique in terms of wages Avatar sessions hosted by ranging amount between 10 thousand and 30 thousand dinars per trainee per dependent so the duration of the program. continued Taan that the center issued an annual plan has organized courses for all disciplines of financial and banking, accounting, regulatory and administrative as well as tax legislation The insurance business to be then give them certificates of graduation Courses practiced, adding that the center has subordinate units to him in all provinces., and pointed out that the courses that Anzaa center training and development of financial and accounting this year include courses for training section of financial planning and public financial management, and training of accounting, and applications of financial legislation / programs affairs customs, and special programs affairs, tax, and special programs affairs, real estate, and special programs affairs, pensions, and programs judicial and other legal, training programs on business banks. And that there are specialized courses for a week or two weeks and each lasts for a month or 3 months and all custom specialization Vdorat cycle directing the Customs and Central departments 3-month cycles aide banks managers period of two months.

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    Financial representative felt that adopting an oil source in the budgets of Iraq
    On October 1, 2013 In economic

    Baghdad: Iraq News Network said the Finance Committee in the House of representatives is not a direct and significant interest in the economic and trade sector in order to rely on these sectors in the General State budget and Committee member Rep. Jimmy Abdelkader in a press statement that "Iraq oil country and tries in every way to develop oil fields and increase production because oil is a primary source on the State budget", explaining that "even after 10 years could not rely on the economic and trade sector in the State budget," said Jimmy Abdelkader "Iraq budget for 2014 completed the formulation of the Finance Ministry and within a week or 10 days will start the Cabinet debate and vote on them and then convert them to Parliament for legislation as soon as possible. "


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    Bank looking place with Western Union Financial Services its work in Iraq
    02-10-2013 10:16 AM

    Image

    Baghdad (news) .. summoned the Central Bank Company (Western Union Financial Services, Inc.) to discuss the business carried out by the company in Iraq. statement said the central bank received the Agency (news) a copy of it: The Governor of the Central Bank and Agency Abdul Basit Turki held a meeting with the company (Western Union Financial Services, Inc.) to discuss the company's future work in Iraq. / End / l. m /

    - See more at: http://www.ikhnews.com/index.php?page=article&id=103148#sthash.V5FVeqLi.dpuf


    02/10/2013
    During four years .. expectations beyond the non-oil revenues of 9 trillion dinars

    Image

    BAGHDAD / JD / .. predicted the Finance Committee in the House of Representatives increase in oil revenues over the next four years to nearly 9 trillion and 786 billion dinars.

    Said committee member Abdul Hussein al-Yasiri told the reporter / JD / he اوجود to a marked increase in the value of non-oil revenues, not even Masathakq fading in front of expectations optimism in the volume of oil revenues and in terms of percentage of total revenues, indicating that these revenues will increase from 7 trillion and 398 billion dinars during this year to 9 trillion and 786 billion dinars in 2017, an increase does not exceed 32 percent.

    He said the percentage of total revenues will drop from 6.5 percent in 2013 to 4.3 percent in 2017 to become the average increase of 5.3 percent of total revenues during the period of 2013 2017, attributing the modest increase in the value of non-oil revenues to the expected increase in tax revenue by 10 percent annually from its previous level, and the expected increase in the Treasury's share of non-oil company profits by 10 percent on average over the next four years.

    He explained that the oil revenue and non-oil will increase from 112 trillion and 306 billion in 2013 to 226 trillion and 837 billion dinars in 2017 to check in accordance with the expectations of a total revenue of $ 812 trillion and 263 billion dinars over the coming years.
    And non-oil revenues estimated for 2013 at less than (6.9%) percent, despite the government's efforts to move away from dependence on oil.

    The report said the budget obtained by the agency / JD /: that revenue non-oil estimated for the year 2013 and accounted for less (6.9%) percent of revenue in spite of the declared policy of the government aimed to diversify its revenue and stay away from excessive dependence on oil.

    The report noted that the policies that can be followed to lack of dependence on oil tax rate increase Max and the introduction of new taxes as income tax for employees. Provided that precedes the development of these taxes to study the effects of economic, social and educate citizens about the political dimensions of a tax on the government.

    The report called for a lifting obtaining the taxes and duties of individuals and companies, by activating the law of customs tariff and scheduling the implementation of this law, in addition to developing a road map for the implementation of the program educates citizens about the benefits that will come from the implementation of the law of customs tariff and the economic benefits inherent of Ratniv This law of Iraq.

    According to the estimate of imports in the budget in 2013, the form of which 93% oil, with estimated income tax of foreign oil companies 0.25.

    The budget in 2013 obtained by the agency / JD / that 93 percent of Iraq's revenues come from oil, while the rest of them, it depends of taxes.

    The following Iraq's imports figures.
    Max tax 0.29
    Taxes and other charges 2.19
    Wages for services 0.14
    Transferred from public bodies and companies of the state-owned 2.36
    Interest Income 0.04
    Staff income tax 0.27
    Corporate income tax of foreign oil 0.25
    Corporate income tax 0.31
    Income tax of individuals 0.15
    Tax contained Alkmarki to 0.89
    93.11 oil revenues. / End / / 23

    http://dananernews.com/News_Details.php?ID=3987


    Central Bank calls for "Western Younine" commitment to universally applicable controls

    Image

    02/10/2013 13:13
    Tomorrow Press / Baghdad: Student Central Bank of Iraq, on Wednesday, the company "and Western World Younine" Government's commitment to financial controls and standards in force in the company in all countries of the world to work in Iraq as well.

    The governor of the central bank and agency Abdul Basit Turki for "wattle Press", "The Central Bank summoned Directors in Iraq on Wednesday, to discuss the development of their work in the country and the opening of new branches and the development of ports, financial transactions with citizens," adding that "the central bank will provide all the necessary facilities for the company's commitment to its global standards that apply in all parts of the world. "

    He stressed that "the central bank is the work of the company and its affiliates in Iraq to gain financial transactions and transfers," noting that "the central bank wants to be the work conforms to the conditions and international standards."

    The and Western Younine possesses more than 27 thousand branches in 200 countries around the world with a capital of more than 3 billion U.S. dollars.

    http://www.alghadpress.com/ar/news/3918/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B7%D8%A7%D9%84%D8%A8-%D9%88%D9%8A%D8%B3%D8%AA%D8%B1%D9%86-%D9%8A%D9%88%D9%86%D9%8A%D9%86-%D8%A8%D8%A7



    R
    New Iraqi currency .. Soon

    Image

    CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may prevail Iraqi market due to implementation of this project.

    The delayed implementation of the project after that enter the central bank, as amended, more than once due to concerns based predominantly to the security situation uncontrolled and open market to foreign goods without restrictions and counterfeit currency circulating in the market in addition to the rampant corruption in the country.

    were Iraqi News Agency Independent quoted Find a member of the Finance Committee in Parliament Abdul Hussein al-Yasiri on the fourth of September / past as saying that the year 2014 will see the deletion of zeros from the Iraqi currency, to be done in coordination with the Central Bank. He explained Yasiri that this project will lead to the reduction of the size of the national currency traded than four billion Iraqi dinars to one billion.

    Meanwhile, the head of the Finance Committee in the House of Representatives Haider al-Abadi for "Almonetor" It is possible to delete the zeros from the current currency, but it has been postponed until after the parliamentary elections, pointing out that studies are now safeguards are in place to reduce fraud, and make sure there trading again currency current.

    was the process of deleting the zeros had been postponed more than once, until demanded the Economic Committee in the House of Representatives, according to reported channel "Oriental" on the seventh of July last year from the central bank, accelerate the process of deletion of zeros from the Iraqi currency is tight in a press conference held that the process of deletion of zeros will increase the value of the Iraqi dinar and will be reflected positively on the issue of reducing the rate of unemployment and poverty in the country.

    , but Chancellor Financial "North Bank" wholesome Elias said in an interview to "Almonetor" The process of deletion of zeros is only an administrative process, and cash equivalent should remain as it is, any that the purchasing power of the new currency should be equal to the old currency. Elias said he must التدوال two currencies both for a period of up to three years old to withdraw gradually from the market. Elias predicted that highlights the unresolved problems if the creditor and the debtor or if they hit any defect in payments and withdrawals. But he ruled that affect the rates of inflation or poverty.

    For his part, Deputy Chairman of the Finance Committee in the Iraqi parliament Ahmed Faizullah for "Almonetor" the view of the wholesome Elias, pointing out that the deletion of zeros will not change the purchasing power of the Iraqi dinar because it is linked sized industrial production and import. He added that what saved the Iraqi dinar is owning the central bank cash reserve of hard currency Osafth the cover have formed the dinar. He called Faizullah to the lack of implementation of the project at this time because it would disrupt the market and Iraqi citizens alike.

    amid those views Director noted Commissioner for "Company breeze north" to trade stocks Inas Mohamed said in an interview to "Almonetor," that the stock market will be the biggest hit of changing the currency and delete the zeros. Still stock sold in dinars, and a thousand dinars currently is worth a thousand shares while will become new dinar one after the deletion of zeros is equal to A shares, which would disrupt the stock market where the movement confused basically due to the security situation in the country.

    * Golden safe researcher and media in the field of economy political and trained in the field of oil and energy journalism. She holds a Ph.D. in "American policy of containment."
    Almonetor

    http://www.iraaqi.com/news.php?id=4768&news=1#.UkwDMIamiSp


    Search for "Rivers"

    Published 01/10/2013 07:45 AM

    * Angelsinspiring
    journey of searching for (Iraq), or (good), or any Iraqi bank to accept the international banks that linked him financially, a major disappointment, as all international banks revealed the absence of these two names in a series of international banks dealing with it.

    Image
    The general headquarters of the Rafidain Bank (left)

    Wonderland trip began when I was asked by the representative of the German bank that I deal with (As Iraqis know) of help them find the Iraqi banking institution funds may be transferred from and to. And searched the Internet, as it should be both the beginning and we are in the second decade of the twenty-first century, the result was: No Page of the Rafidain Bank in English on the Internet, and the existing page
    https://www.rafidainbank.co.uk/

    Is a page of its branch in London, which did not occur since 16/12/2012, and the reference to section correlation Rafidain Bank in Iraq, nor to how to conduct bank transfers. There is another page to its branch in Amman belonging to pensioners residing in Jordan (I do not know what privacy of Jordan in this franchise?), And signal where to any remittances international banking, as it does not contain a link or a postal address mail "email" to contact them.

    The Rasheed Bank Read Page electronic elegant English

    http://rasheedbank.gov.iq/e-index.htm

    But the details of banking transactions page (About Us, banking services, contact us, email the bank) are all fake and do not work, as there is no indication reveal the date last updated page.

    I returned to the German bank to ask for more information about their willingness to deal with Iraqi banks (الغصة the تخنقني to my knowledge they are all a fake institutions). Representative of the bank told me that they want to turn a few million euro in favor of one of their clients to a multinational company operating in Iraq.

    LaSalle walked away from the people I know, everyone told me that the only method available to transfer funds to and from Iraq is through the local banking offices known to Iraqis Ataatma the international insurance or guarantee.

    "Disrupted speak the language," How could shift international banking institution the amount of 5 million euros (for example) to the Office of the banking unknown internationally and is not registered and does not have an account covers international activity? Who stands behind these offices? It is operated?

    A very serious question: Where is the official banking institutions or Iraqi civil unreliable?

    And what do the Rafidain Bank and Rasheed Bank since 2003?

    Serious question, how to conduct financial transactions between the official Iraqi institutions and their international counterparts? Is it true to say that the delegates carrying tote bags in their hands with millions of dollars to accomplish deals with the States?

    As a Juhaynah that نشدوا then the news certainty, dropped in my hand and I went back disappointed to Deutsche Bank's prestigious tell them what I knew, they laughed and dispersed Me They يتغامزون, and then returned Mhaoarham to say: "We'll see at the possibility of converting the amount to international banks in Jordan, who are in charge converted to Iraq, This will cost extra money, of course. "

    Jordan small impoverished permission is Iraq's financial lung.

    The end of the story, and invite international companies to invest in Iraq have the best facilities and preferences and Altfajikhat and so on.

    * An Iraqi writer based in Germany and the newspaper article about the "world" Baghdadi

    http://www.altahreernews.com/inp/view.asp?ID=18216


    walkongstick wrote on October 2nd, 2013, 7:11 am:Bank looking place with Western Union Financial Services its work in Iraq
    02-10-2013 10:16 AM

    Image


    Economists believe that the «market money puts Tsairth not on the basis of a doomsday scenario»
    Iraq Stock Exchange counter reads: No civil war
    BAGHDAD - World

    Two economists saw that the outbreak of open civil war in Iraq is unlikely as much as telling the Iraqi market for securities.

    Mark Daoeffr said Ali al-Bazzaz in a common analytical essay Financial Times newspaper, said that the continuing deterioration of the security situation in Iraq led بكثيرين to wonder whether the country descend again into chaos. For example, talked a report published by The New York Times recently reported, "renewed fears of Iraq's return to the bloody sectarian violence that nearly ripped the country apart in 2006 and 2007."

    On the basis of what they receive from the news, observers might conclude Tarion and insiders alike that this matter is the result worthy of consideration. But some of the investors inside Iraq, the most knowledgeable staff in the Iraqi market for financial markets that are growing, do not believe that the case so on.

    Financial markets can be a good predicting some amazing, thanks to its ability to collect information from diverse people and motivation provided by "to put your money where your mouth is." Thus, the prediction markets, where participants can bet on the outcome of certain events such as the presidential elections, it is often superior to the pollsters.

    A reflection of the yield curve was among the best warning signs of a recession. Has proved Index S & P 500 also said that a leading economic indicator of value.

    Iraq Exchange, with it's among the smallest markets in the world market cap of $ 10 billion only, perhaps the best predictor of what is happening in Iraq. Unlike other markets, the interface, which is often considered foreigners represent an important part of doing business, the Iraq Stock Exchange is dominated by members of the local investors of high net worth owners. These people are usually business owners enjoy good links: Understanding people to have a good inside information about the political situation and direct experience in economic conditions alike. If these people do not feel intimidated not things that can be a bad level that you want the New York Times to get us to believe him, according to what is stated in the article.

    It is worth mentioning that's RSISX Index Iraqi mediator Securities, Spring, is higher by 3 percent so far this year. This modest performance, of course, compared to generally strong performance for the interface in the markets this year, but it is not catastrophic. So far, the Iraqi market for securities not shake even the ugliest massacres, which continues in some cases for days when the country hit several terrorist attacks.

    The direct market has become stronger as well. In the wake of the success of the sale value of one billion and 200 million dollars of the shares in the mobile phone operator, Asiacell Communications, last February, is expected to raise its rival Zain Iraq IPOs same size before the end of the year. At the same time, banks increased Iraqi recorded allowance to more than $ 300 million through shares so far this year.

    While foreign investors sold some of their holdings, it appears that the local stock investors Iraqis did not يبالوا the security situation and focused instead on monitoring corporate profits. And corporate earnings growth was impressive.

    Let us look to the leading beverage canning company in Iraq, Baghdad Company for soft drinks. فعائدات this company, which has a license Pepsi, in a half-year of 2013 achieved a higher than 11 percent for the same period in 2012, when profits reached more than 50 percent thanks to the great improvement margins. And because it is a favorite among the long-term investor, the Securities higher by 48 percent so far this year, what entail price earnings ratio of 14 times.

    Banks, which generally account for about 80 percent of the size of the Iraqi Stock Exchange, also turned to strong results in the current year. The average revenue growth in this sector reached 36 percent in the first half of this year.

    One of the largest Banks Iraq, the Middle East, has increased its profits by 24 percent as a result of the expansion in investment returns by about 295 percent. Among medium-sized companies, investment bank Iraq inflated profits annual operating to 222 percent on the back of growth of 91 percent in interest rates, commissions and improvement in the difference; achieved KCBK increase profits before the drawing by 128 percent to 118 percent increase in investment returns; Mansour Bank (mostly owned by International Bank of Qatar) achieved an increase profits before drawing by 129 percent to 368 percent increase in investment returns.

    If Iraq is about to return to open civil war, it is not likely to be the investors would expect sustainability of such strong growth in profits. They had to withdraw their money. But the market collapsed and dropped quotas shown that this has not been canceled completely.

    But so far there has been no something. As the Iraqi Stock Exchange remained well supported and listed companies not only have a few difficulties on the composition of a new capital. Clear that local dealers are still optimistic about the prospects for the overall economy and corporate earnings in particular.

    So what that tells us the Iraqi stock market? There seem to be two messages. The first is that a civil war is less likely than many believed. The second is that the Iraqi economy should continue to be strong in spite of renewed violence in the current year.

    In spite of all the bad news, the Iraqi Stock Exchange do not put Tsairtha on the basis of doomsday scenario.

    http://www.alaalem.com/index.php?news=%DA%CF%C7%CF%20%C8%E6%D1%D5%C9%20%C7%E1%DA%D1%C7%DE%20%ED%DE%D1%C3:%20%E1%C7%20%CD%D1%C8%20%C3%E5%E1%ED%C9&aa=news&id22=11825






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    TUESDAY AFTERNOON NEWS 10/01/13

    Post by Admin on Wed Oct 02, 2013 8:44 pm

    :goodnews: PROJECT-IRAQ
    LINK: http://Project-Iraq.com/

    THE 6TH INTERNATIONAL EXHIBITION FOR CONSTRUCTION & ENVIRONMENTAL TECHNOLOGY, MATERIALS AND EQUIPMENT FOR IRAQ

    28-31 OCTOBER 2013

    Iraq's Leading Construction Exhibition

    Project Iraq 2013 will be held at the heart of Iraq's business hub, Erbil, from 28 to 31 October 2013 gathering a vast number of cutting-edge exhibitors to represent regional and international companies, and ensuring a meeting place for professionals in the industry. Project Iraq 2013 exhibitors will benefit from massive exposure to premier regional agents, dealers, buyers and distributors, government officials and key decision-makers from all over Iraq and from outside the country.

    Project Iraq 2013 is held concurrently with Energy Iraq 2013, the 3rd International Exhibition for Electricity, Alternative Energy, Lighting, Water Technology and HVAC, and Real Estate and Investment Iraq 2013, The International Real Estate, Investment, and & Property Development Exhibition for Iraq.



    Supplying the Needs of a Multi-Billion Dollar Sector



    Iraq's construction potential has no boundaries. In addition to building millions of new homes and repairing existing buildings, huge infrastructure renewal is needed, mostly in the treatment and distribution of water, new sewer systems, roads, airports, rail systems and ports. In 2010, Iraq's construction industry expanded by 4.4%, to be worth US$ 5.6 billion, and is forecasted to grow by an annual 6.18% until 2014.



    Energy Iraq 2013 Held Concurrently with Project Iraq

    Energy Iraq 2013 the 3rd International Exhibition for Electricity, Alternative Energy, Lighting, Water Technology and HVAC, is back for its third edition. The specialized show dedicated to energy solutions across the construction and infrastructure sectors attracts a large number of industry leaders. The event offers several lucrative opportunities for businesses seeking to expand their client base and provides a dynamic environment for networking and sales.


    :goodnews: WORLD TRADE ORGANIZATION (WTO Accession Announcements)
    LINK: http://www.wto.org/english/news_e/archive_e/acc_arc_e.htm

    (Here are the most accession announcements.)



    26.09.2013 WTO agrees membership terms for Yemen, paving way for formal decision in Bali
    Members of the Working Party on the Accession of Yemen agreed on 26 September 2013 the terms of WTO membership for Yemen. The accession package will be presented to the 9th Ministerial Conference in Bali, 3-6 December, for a formal decision by ministers.



    23.09.2013 Director-General Azevêdo launches Global Seminar on WTO Accessions

    WTO Director-General Roberto Azevêdo launched on 23 September 2013 THE FIRST GLOBAL SEMINAR ON WTO ACCESSIONS, a week-long event at the WTO bringing together officials from 17 governments seeking to join the WTO.

    “The event provides an important platform for dialogue between WTO members and acceding governments and for capacity building in this highly important area for the future of the WTO,” said DG Azevêdo.



    25.07.2013 Afghanistan accession on track for a 2013 conclusion
    At the fourth meeting of the Working Party on 25 July 2013, WTO members commended Afghanistan for its strong commitment matched by its technical inputs to advance its WTO accession negotiations to closure.



    23.07.2013 Kazakhstan accession negotiations make incremental progress but major questions unresolved

    On 23 July 2013, WTO members welcomed progress on agriculture in Kazakhstan’s accession negotiations but expressed serious concerns about the absence of inputs and progress in other areas critical to the country’s accession to the WTO.

    :goodnews: CBI: WE STARTED ISSUING MONEY ORDERS FOR THE BANKS TO REDUCE THE CIVIL CURRENCY SMUGGLING
    LINK:
    http://translate.googleusercontent.com/translate_c?depth=1&ie=UTF8&prev=_t&rurl=translate.google.com&tl=en&u=http://www.almalaf-news.com/ar/index.php%3Faction%3Dnew%26id%3D2091%26title%3D%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583%2520%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A:%2520%25D8%25A8%25D8%25AF%25D8%25A3%25D9%2586%25D8%25A7%2520%25D8%25A8%25D8%25A5%25D8%25B5%25D8%25AF%25D8%25A7%25D8%25B1%2520%25D8%25A7%25D9%2584%25D8%25AD%25D9%2588%25D8%25A7%25D9%2584%25D8%25A7%25D8%25AA%2520%25D9%2584%25D9%2584%25D9%2585%25D8%25B5%25D8%25A7%25D8%25B1%25D9%2581%2520%25D8%25A7%25D9%2584%25D8%25A7%25D9%2587%25D9%2584%25D9%258A%25D8%25A9%2520%25D9%2584%25D9%2584%25D8%25AD%25D8%25AF%2520%25D9%2585%25D9%2586%2520%25D8%25AA%25D9%2587%25D8%25B1%25D9%258A%25D8%25A8%2520%25D8%25A7%25D9%2584%25D8%25B9%25D9%2585%25D9%2584%25D8%25A7%25D8%25AA&usg=ALkJrhjmf9WPOjHujc-FtWQaP319n5tddg


    BAGHDAD / News: The Central Bank of Iraq, on Monday, he started a few days ago issued civil transfers to banks in order to reduce currency smuggling, referring to the country’s need for more sophisticated mechanisms for the fight against money laundering.

    The governor of the Central Bank and Abdul Basit Turki Agency in an exclusive interview with the agency “News” that “the central bank began issuing money orders for civil banks, where the move is aimed at reducing currency smuggling.”

    Turki said that “the bank is trying with other government agencies to reduce money laundering operations being laceration of the Iraqi economy, because they go either to terrorism or to import prohibited goods internationally.”

    He emphasized that “the country needs sophisticated mechanisms to help combat money laundering as well as serious and effective cooperation for the services of the Ministry of Interior for the purpose of control”.

    The Committee of the Parliamentary Integrity has revealed (July 20, 2013) that the volume of Iraqi funds that “ran” out of the country since 2003, up to $ 130 billion in addition to prosecuting 120 government officials, including ministers and directors of عامون linked to the files of financial corruption and money contraband.






    Frozen Crabs & the Blond Flight Attendant

    A lawyer boarded an airplane in Halifax with a box of frozen crabs and asked a blond flight attendant to take care of them for him.

    She took the box and promised to put it in the crew's refrigerator. He advised her that he was holding her personally responsible for them staying frozen, mentioning in a very haughty manner that he was a lawyer, and proceeded to rant at her about what would happen if she let them thaw out.


    Needless to say, she was annoyed by his behavior.

    Shortly before landing in Toronto, she used the intercom to announce to the entire cabin, "Would the lawyer who gave me the crabs in Halifax, please raise your hand?"

    Not one hand went up .... so she took them home and ate them.

    Two lessons here:

    1. Lawyers aren't as smart as they think they are.

    2. Blondes aren't as dumb as most folk think.


    :goodnews: PARLIAMENT POSTPONES ADOPTION OF THE ELECTORAL LAW TO THURSDAY
    LINK: http://www.alsabaah.iq/ArticleShow.aspx?ID=55569


    10/01/2013 12:00 AM

    for the House of Representatives once again vote on the election law to the day after tomorrow, Thursday, with extended for a period of one month of the current legislative and voted on the bill and one finished reading the seven laws. comes at a time revealed the Legal Committee of Parliament for the differences on the Law of the election will be decided during the next two days, saying she made ​​a compromise whereby the distribution of compensatory seats or national in the event of the adoption of the constituencies multiple.

    said in a statement to the House of Representatives received “morning,” a copy of it, that “the Council was held on Monday, its the 23 headed by the President Parliament Osama Najafi and the presence of 220 deputies, “noting that” the Presidency announced the extension of the current legislative, which will end on the 14th of October next, for a period of one month, and that the Council will continue to work until the vote on the election law.

    “The statement added that” the Presidency decided to postpone the vote on the draft law amending the election law, the House of Representatives (16) for the year 2005 report of the Legal Committee, “adding that” the Presidency also decided to postpone the vote on a resolution requiring the Electoral Commission for elections preparations and get ready and start the timetable for operations of House of Representatives election year 2014 relates to the electoral law. For his part, Chairman of the Legal parliamentary Khaled Huani during a press conference held parliament building and attended by “morning” on Monday: The postponement of the vote on the election law to next Thursday, it was in order to find a formula law that meets the aspirations of all components Iraqi people do not come out victorious mass and losing the other.

    fRANK26...IN THE CC LAST NIGHT....YOUR OPINION WAS BASKETS OF CURRENCY... YOU BELIEVE THAT 190+ COULD NOT COME OUT AT ONCE... DOES THIS GIVE TO NEW STRATEGY TO DOUBLE DIPPING....???




    On CC I said IMO ........... Ten to twenty in first basket of GCR.

    KTFA,



    Frank


    I ENCOURAGE ALL TO LISTEN AND WATCH
    LIVE NOW
    http://webtv.un.org/


    LAST YEARS REDLINE SPEECH
    Image
    0bill... Familiar !!?? :eyeball:

    Kirkuk allocated 10 billion dinars for areas affected by the policies of the dictatorial regime


    10/01/2013

    Implementation of reforestation campaign autumn maintain
    Kirkuk renaissance on
    monitoring the Kirkuk Provincial Council 10 billion dinars for deprived areas affected by the policy arbitrary system of principles, while begun Division Gardens conservative campaign afforestation autumn which includes planting 50 thousand trees and 6 thousand seedlings permanent and seasonal official said Media Council Imad al-Amiri (l Center Brief for the Iraqi Media Network), said that the Provincial Council allocated 10 billion dinars for deprived areas damaged by the wrong policies of the system principles, as well as the ratification of the ratios standard districts and areas within the current year's budget, pointing out that this amount will be added to the share of those areas within budget for regional development for the current year depending on the percentage of the population. explained that the amount will be distributed among the districts, counties and villages destroyed completely exclusively by 6 billion dinars for the aspects of Xuan Qarahanjir and Aegi and Srkran, and 2 billion dinars to the villages my part to Whelan Walton Bridge, and 2 billion dinars other villages located in areas Daquq and molasses and my part Taza and Rashad. part of the last director of the Division Gardens Kirkuk Nawzad Muhammad's (Center Brief for the Iraqi Media Network), the Division began a campaign afforestation autumn which includes planting 50 thousand trees and 6,000 seedlings permanent and seasonal jobs, pointing out that the landscaping will include schools, parks, carrots moderation The main streets, noting that the campaign aims to increase green areas in the city, in order to reach global ratio environmental green areas that have been identified in 15 percent of the total area of cities. pointed out that the campaign began distributing seedlings between departments schools to be planted in squares, as well as its Bchger spaces empty area Wasti 10,000 - 12,000 tree to create a green bar extends from the intersection of Wasti until Apartments gas, in order to fill the area with trees and thus prevent them from overtaking by the citizens.

    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alsabaah.iq/ArticleShow.aspx%3FID%3D55555&usg=ALkJrhha6Gh-liHUS45aKkYjRxnrw6h79Q


    International & financial assistance????? Really... Let's see your numbers!!!... Lol

    Closure of the high-level meeting of the host countries for Syrian refugees

    01-10-2013 | (Voice of Iraq) - Add a comment -


    Concluded the day 1 / October / 2013 high-level meeting of the host countries for Syrian refugees in Geneva in the presence of President of the Delegation of the Republic of Iraq Foreign Minister Hoshyar Zebari and the High Commissioner for Refugees, Mr. Antonio Guterres.
    The meeting issued a final statement said the size of the human suffering experienced by the Syrian refugees as a result of the continuation of the Syrian crisis and violence and the ongoing fighting, as the size of the burden borne by host countries for Syrian refugees and the assistance provided by it for the Syrian refugees.
    The final statement called for quick international action to extend a helping hand to host countries for Syrian refugees through the provision of financial and material support to host countries and identified a number of measures to be taken by the international community.

    Read more: http://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D118604&usg=ALkJrhjGYWHzevrNLGF0q_ezVQkRklNF_g#ixzz2gV7dxve6


    Economists Divided Over Deletion Of Zeros on Iraqi Dinar

    Image

    By: Amina al-Dahabi for Al-Monitor Iraq Pulse Posted on October 1.

    The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided. While some support the project and consider it a chance to decrease inflation and unemployment, others warn of economic shocks that may prevail over the Iraqi market as a result of the project’s implementation.

    Following amendments made by the CBI, implementation of the project has been postponed several times. This is because of fears that are mostly related to the lack of security, the presence of a market open to foreign commodities without any restrictions, the prevalence of counterfeit money in the market and rampant corruption in the country.

    The independent Iraqi News Agency (INA) quoted Abdul Hussein al-Yasiri, a member of the Iraqi parliamentary Finance Committee, as saying that 2014 will witness the deletion of zeros from the Iraqi currency. He noted that the deletion will occur in coordination with the CBI, and that as a result of the project, the number of banknotes in circulation will be reduced from 4 billion to 1 billion.

    Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.

    The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country.

    Nafee Elias, a financial advisor at the North Bank, told Al-Monitor that the step to delete zeros is merely an administrative process, and the currency equation should remain the same. This means that the purchasing power of the new currency should be equal to that of the old currency. He added that the two currencies should both remain in the market for a period not exceeding three years, then the old currency should be gradually withdrawn. Elias expected problems to arise if debtor-creditor transactions are not set according to the new currency, or there are defects in withdrawal or payment transactions. He added that it is unlikely the change will affect inflation or poverty rates.

    Ahmed Faizullah, deputy head of the parliamentary Finance Committee, agreed with Elias. Speaking to Al-Monitor, he noted that the deletion of zeros will not affect the Iraqi dinar’s purchasing power, because the latter is linked to the size of industrial production and imports. He added that the CBI’s hard currency reserves have saved the Iraqi dinar and served as a cover for it. Faizullah called for not applying the project at the moment, because it will confuse Iraqis and disrupt the market.

    Amid these views, Enas Mohamed, deputy director at Naseem Al Shemal Brokerage Company, told Al-Monitor that the stock market will be harmed the most by a change of currency and the deletion of zeros. The price of a share is one dinar, so currently 1,000 dinars are equal to 1,000 shares. Following the deletion of zeros, the new dinar will be equal to 1,000 shares, which would further confuse the stock market, which is already muddled as a result of the security situation.aa


    Read more: http://www.al-monitor.com/pulse/originals/2013/10/dinar-currency-iraq-plans.html#ixzz2gV7rSuW1


    Economists Divided Over Deletion Of Zeros on Iraqi Dinar

    Image

    By: Amina al-Dahabi for Al-Monitor Iraq Pulse Posted on October 1.

    The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided. While some support the project and consider it a chance to decrease inflation and unemployment, others warn of economic shocks that may prevail over the Iraqi market as a result of the project’s implementation.

    Following amendments made by the CBI, implementation of the project has been postponed several times. This is because of fears that are mostly related to the lack of security, the presence of a market open to foreign commodities without any restrictions, the prevalence of counterfeit money in the market and rampant corruption in the country.

    The independent Iraqi News Agency (INA) quoted Abdul Hussein al-Yasiri, a member of the Iraqi parliamentary Finance Committee, as saying that 2014 will witness the deletion of zeros from the Iraqi currency. He noted that the deletion will occur in coordination with the CBI, and that as a result of the project, the number of banknotes in circulation will be reduced from 4 billion to 1 billion.

    Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.

    The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country.

    Nafee Elias, a financial advisor at the North Bank, told Al-Monitor that the step to delete zeros is merely an administrative process, and the currency equation should remain the same. This means that the purchasing power of the new currency should be equal to that of the old currency. He added that the two currencies should both remain in the market for a period not exceeding three years, then the old currency should be gradually withdrawn. Elias expected problems to arise if debtor-creditor transactions are not set according to the new currency, or there are defects in withdrawal or payment transactions. He added that it is unlikely the change will affect inflation or poverty rates.

    Ahmed Faizullah, deputy head of the parliamentary Finance Committee, agreed with Elias. Speaking to Al-Monitor, he noted that the deletion of zeros will not affect the Iraqi dinar’s purchasing power, because the latter is linked to the size of industrial production and imports. He added that the CBI’s hard currency reserves have saved the Iraqi dinar and served as a cover for it. Faizullah called for not applying the project at the moment, because it will confuse Iraqis and disrupt the market.

    Amid these views, Enas Mohamed, deputy director at Naseem Al Shemal Brokerage Company, told Al-Monitor that the stock market will be harmed the most by a change of currency and the deletion of zeros. The price of a share is one dinar, so currently 1,000 dinars are equal to 1,000 shares. Following the deletion of zeros, the new dinar will be equal to 1,000 shares, which would further confuse the stock market, which is already muddled as a result of the security situation.aa


    Read more: http://www.al-monitor.com/pulse/originals/2013/10/dinar-currency-iraq-plans.html#ixzz2gV7rSuW1


    The oldest agent of the Ministry receives U.S. Deputy Ambassador

    01-10-2013 | (Voice of Iraq) - Add a comment -


    Search Mr. proxy Oldest of the Ministry Mr. Adnan Hadi al-Asadi, with the deputy U.S. ambassador in ethnic Mr. John Dasrougr, a number of issues of mutual interest and ways to activate it to serve the interests of the two friendly peoples.
    At the beginning of the meeting, Mr. Dasrougr condolences to the master agent's oldest terrorist events in the capital Baghdad yesterday and killed a number of innocent people of our people and stressed his country's readiness to cooperate fully with the Ministry of Interior to combat crime and terrorism and to achieve security and stability in Iraq.
    For his part, Mr. agent earlier expressed his thanks and appreciation for these feelings, wishing to activate full cooperation between Iraq and the United States in various areas of security.
    This meeting was attended by Major General Director of the anti-explosives in the ministry


    Read more: http://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D118598&usg=ALkJrhhOWVdAnNmNyKFxqPJfa0IbzZHHng#ixzz2gV8lbQvf



    The government and the House of Representatives are moving to eliminate cases of fraud and money laundering via the Internet

    Image

    BAGHDAD - My Day

    MP for the coalition of state law Abdul Abbas Xiaa and existence of cases of fraud and deception across some Web sites, pointing out that the government and the House of Representatives are moving to eliminate these cases. And explained Xiaa (my day): that fraud and deception and money laundering through online networks exist in Iraq, and even in the developed countries of the world, noting that this requires modern technology to meet the evolving piracy matters. He added: There is a tendency government and Parliament on this subject, there are existing informatics law to the parliament, pointing out that this law will impose some sort of control on suspicious sites, and the government can reduce and combat piracy. Among Xiaa that the issue of hackers and fraud winning its way is not absent from the appointed parliament and the government, noting that Iraq possessed cadres and energies specialized in this field, being able to control the operations of piracy and fraud on the Internet, stressing that Iraq has not been defeated in front of so ordered. The parliamentary sources informed, revealed the presence of international companies in Iraq manages acts suspicious The monument, fraud and money laundering via the Internet, taking advantage of the absence of control on this network in the country, which help them to avoid prosecution by the international bodies that are struggling crimes of this kind. The sources said: leaked We have serious information reveal the existence of branches of formality to a large number of international companies and delegates representing other companies in Iraq are carrying out terrorist money laundering scam online in the absence of control and secure this network in the country, especially since the space Iraq is still open on this side . Sources pointed out that these companies and aggregates chose Iraq a base for its operations to ensure that the mentioned prosecution by the international bodies that are struggling crimes over the internet. In the meantime, confirmed the Iraqi Central Bank on Monday, he started a few days ago by issuing money orders for domestic banks in order to reduce currency smuggling, pointing to the need for the country to the mechanisms of more sophisticated for the fight against money laundering. Said the central bank governor Agency Abdul Basit Turki: The Central Bank began issuing money orders for civil banks, where the move is aimed at reducing currency smuggling. Turki added: The bank is trying with other government agencies to reduce money laundering operations being laceration of the Iraqi economy, because they go either to terrorism or to import goods internationally prohibited. He stressed that the country needs sophisticated mechanisms to help in the fight against money laundering, as well as serious and effective cooperation for the services of the Ministry of Interior for the purpose of combating it.

    http://www.beladitoday.com/index.php?aa=news&id22=16927&lang=


    Frank will we be allowed to double dip :heeheehee:




    Yes....... But only with .................... Ice cream.

    KTFA,



    Frank




    Family........... We now know about drawer number two........ I will share it tonight. Come early to get a seat....... Aloha and .......... Amen.
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    TUESDAY EVENING NEWS 10/01/13

    Post by Admin on Wed Oct 02, 2013 8:47 pm

    Guest post: Iraq on the brink? Markets tell a different story
    Sep 30, 2013 1:30pm by guest writer

    By Mark DeWeaver and Ali Albazzaz (l)
    The steadily worsening security situation in Iraq has led many to wonder whether the country is once again descending into anarchy. A recent New York Times article, for example, spoke of “new fears that Iraq is returning to the bloody sectarian violence that nearly tore the country apart in 2006 and 2007”.

    Going by the news feed, casual and informed observers alike might well conclude this to be a plausible outcome. Yet home-grown Iraq Stock Exchange (ISX) investors – some of the most knowledgeable insiders around – don’t seem to think so.

    Financial markets can be surprisingly good prognosticators, thanks to their ability to aggregate information held by many different people and the incentives they provide to “put your money where your mouth is”. Thus, prediction markets, where participants can bet on the outcomes of events such as presidential elections, often outperform pollsters.

    Yield curve inversions have been among the best warning signs of impending recessions. The S&P 500 index has also proved to be a valuable leading economic indicator.

    The Iraq Stock Exchange, whilst among the world’s smallest bourses with a market cap of only $10bn, is probably the best such prognosticator for Iraq. Unlike many other frontier markets, where foreigners often account for a significant share of the trading, the ISX is dominated by local high-net-worth individuals. These are typically well-connected business owners: people with both good inside information about the political situation and direct experience of economic conditions. If these investors haven’t panicked things cannot be as bad as the New York Times would have us believe.

    It is therefore noteworthy that the Iraqi broker Rabee Securities’ RSISX index is up 3 per cent year to date. This performance is admittedly unimpressive compared to the generally strong performance of frontier markets this year, but hardly catastrophic. So far the market has been unrattled by even the most appalling carnage, in some cases actually going up on days when the country was rocked by multiple terrorist attacks.

    The primary market has been strong as well. Following the successful sale of $1.24bn worth of shares in mobile phone operator Asiacell Communications in February, rival Zain Iraq is expected to launch a similarly sized IPO before the end of the year. At the same time, the Iraqi-listed banks have raised the equivalent of over $300m through rights issues so far this year.

    Whilst foreign investors have sold down some of their holdings, Iraq’s local equity investors appear to have shrugged off the security situation and focused instead on the outlook for corporate earnings. And corporate earnings growth has been impressive.

    Consider Iraq’s leading soft drink bottler, Baghdad Soft Drinks. The Pepsi licensee’s half-year revenues for 2013 are up 11 per cent over the same period in 2012, whilst earnings are up 50 per cent thanks to a dramatic improvement in margins. A long-time investor favourite, the security is up 48 per cent year to date, with a trailing P/E ratio of 14x.

    The banks, which generally account for about 80 per cent of ISX volume, have also turned in strong results this year. Median Year-on-Year (YoY) earnings growth for the sector reached 36 per cent in the first half.

    One of Iraq’s largest banks, Middle East Bank, increased profits by 24 per cent as a result of an expansion in investment revenue of 295 per cent. Among the middle-sized financial companies, Investment Bank of Iraq swelled year-on-year operating profits 222 per cent on the back of 91 per cent growth in interest and commission income and an improvement in spreads; Gulf Commercial Bank achieved a pre-tax profit increase of 128 per cent on a 118 per cent upswing in investment revenue; and Mansour Bank (majority owned by Qatar National Bank) achieved a pre-tax profit increase of 126 per cent on a 368 per cent boost in investment revenue.

    If Iraq were on the verge of returning to all-out sectarian civil war, investors would be unlikely to expect such strong earnings growth to be sustainable. They would be getting their money out. The market would be crashing and new share offerings would be undersubscribed if not cancelled altogether.

    But so far none of this has happened. Iraqi stocks remain well supported and the listed companies are having little difficulty raising new capital. Clearly locals are still optimistic about the prospects for the economy in general and corporate earnings in particular.

    What then is Iraq’s equity market telling us? There seem to be two main messages. First, civil war is less likely than many believe.

    Second, the Iraqi economy should continue to be strong despite this year’s renewed violence.

    Despite all the bad news, Iraqi stocks aren’t pricing in a doomsday scenario.

    Ali Albazzaz is an Iraq-focused Investment Manager. He is based in London.

    Mark DeWeaver is a Washington-based economist and the author of “Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant”.

    http://blogs.ft.com/beyond-brics/2013/09/30/guest-post-iraq-on-the-brink-the-market-tells-a-different-story/?#axzz2gVQrg9rl


    Training 5 thousand a member on Finance and Banking


    10/02/2013 12:00 AM

    Baghdad - Mostafa Hashemi
    said the director of the banks in the Ministry of Finance, Dr. Hilal Taan that Training Center Financial and Accounting Department's financial systems during the current year specialized courses for more than 5000 trainees in the departments of finance, banking and accounting.

    said Taan told (morning) has been rehabilitated number senior employees of the ministries and the three presidencies of the Angels administrative, accounting and financial and banking as well as giving officials at the banks of the class A and B right Authorization instruments issued by banks after their success in the session, which lasts Center organized.

    explained that the center is one of the formations and the Ministry of Finance, was established under the law No. 93 for the year 1981.

    noting that the center promotes the task and responsibility of developing the skills and capabilities, knowledge and behaviors and patterns of the Angels financial and accounting in the Ministry of Finance and other ministries and departments not associated with the Ministry, including the mixed sector and civil society organizations, explaining that it comes to upgrading the performance of employees in the departments of Finance and other through the establishment of training programs and courses rehabilitative and specialized alike. He noted that the courses organized by the Center involving a large proportion of the staff along with a number of trainees from the private sector. Pointed out that the training center and the development of financial and accounting of the Ministry of Finance has trained about 15 thousand a member of the government departments and the Iraqi private sector during the year 2012.

    He to the center unique in terms of wages Avatar sessions hosted by ranging amount between 10 thousand and 30 thousand dinars per trainee per dependent so the duration of the program. continued Taan that the center issued an annual plan has organized courses for all disciplines of financial and banking, accounting, regulatory and administrative as well as tax legislation The insurance business to be then give them certificates of graduation Courses practiced, adding that the center has subordinate units to him in all provinces., and pointed out that the courses that Anzaa center training and development of financial and accounting this year include courses for training section of financial planning and public financial management, and training of accounting, and applications of financial legislation / programs affairs customs, and special programs affairs, tax, and special programs affairs, real estate, and special programs affairs, pensions, and programs judicial and other legal, training programs on business banks. And that there are specialized courses for a week or two weeks and each lasts for a month or 3 months and all custom specialization Vdorat cycle directing the Customs and Central departments 3-month cycles aide banks managers period of two months.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55619



    MILITARY RETIREES/GOVERNMENT SHUT DOWN PAY AND OTHER INFO
    viewtopic.php?f=13&t=11786


    During the government shutdown, the Department of Defense will have no legal authority to pay any personnel - military or civilian - for the days during which the government is shut down. The shutdown will not affect payments to retirees and annuitants as those funds come from a retirement trust fund. Below is the effect the government shutdown will have on active duty military, civilian personnel, retirees and annuitants, and DoD contractors.
    Military: Active, Reserve, and National Guard members will be paid on time for pay entitlements earned September 30 or earlier. Military members cannot be paid for duty performed after the expiration of the current CRA on September 30. Once another CRA or an appropriations act is signed into law, normal disbursement of military pay will resume.

    Civilians: All civilian employees will be paid on their normal pay date for all entitlements earned through September 30. After September 30, the following rules apply:

    Excepted employees who perform duty during the shutdown will be entitled to retroactive payments once another CRA or an appropriations act is signed into law.
    For furloughed employees, Congress will have to provide authority for retroactive payments to be made.
    Employees whose organizations have available resources such as Defense Working Capital Fund, will be paid as normal until such time as cash reserves are exhausted.
    Non Appropriate Fund (NAF) civilian employees: Your pay will be processed and paid as normal.
    Retirees: Military retirees and annuitants are not paid from Continuing Resolution Act (CRA) appropriations, so those payments will continue as scheduled.

    DoD Contractors: As a revolving fund organization, so long as the Department's Working Capital Fund has adequate funds for normal operations, DFAS will continue to make contract and vendor payments.

    Updated October 1, 2013

    FOIA and Privacy Act Legislative Affairs Site Map Blue Book Web Policies USA.gov Defense Sector CIP EEO/No Fear Act Accessibility/Section 508
    ___________________________________________________________________________

    COMMISSARY'S ARE SHUT DOWN AT CLOSE OF DAY TODAY.

    CIVILIAN DOCTORS WORKING AT MILITARY HOSPITALS ARE FURLOUGHED OUT AT LEAST 50%....BE PREPARED TO BE REFERRED OUT!

    ACTIVE DUTY REPORT
    The military's 1.4 million active-duty personnel will stay on duty, but their paychecks initially faced a threat of delay. Amid the division, the House passed – and Obama signed – a bill to ensure their checks would still be delivered on time.

    About half of the Defense Department's civilian employees are furloughed.

    ie...NOTICE WAS SENT OUT TO THE BASES OF WHO WOULD BE FURLOUGHED 8 DAYS AGO. AN ESTABLISHMENT WAS MADE OF WHO WOULD BE CONSIDERED FIRST RESPONDERS AND ESSENTIAL PERSONNEL
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    LATE TUESDAY NIGHT NEWS 10/01/13

    Post by Admin on Wed Oct 02, 2013 8:50 pm

    Image



    ASK FACTCHECK

    The Budget and Deficit Under Clinton

    Posted on February 3, 2008 | Updated on February 11, 2008

    Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?

    A: Yes to both questions, whether you count Social Security or not.
    FULL ANSWER
    This chart, based on historical figures from the nonpartisan Congressional Budget Office, shows the total deficit or surplus for each fiscal year from 1990 through 2006. Keep in mind that fiscal years begin Oct. 1, so the first year that can be counted as a Clinton year is fiscal 1994. The appropriations bills for fiscal years 1990 through 1993 were signed by Bill Clinton’s predecessor, George H.W. Bush. Fiscal 2002 is the first for which President George W. Bush signed the appropriations bills, and the first to show the effect of his tax cuts.


    Image



    The Clinton years showed the effects of a large tax increase that Clinton pushed through in his first year, and that Republicans incorrectly claim is the "largest tax increase in history." It fell almost exclusively on upper-income taxpayers. Clinton’s fiscal 1994 budget also contained some spending restraints. An equally if not more powerful influence was the booming economy and huge gains in the stock markets, the so-called dot-com bubble, which brought in hundreds of millions in unanticipated tax revenue from taxes on capital gains and rising salaries.
    Clinton’s large budget surpluses also owe much to the Social Security tax on payrolls. Social Security taxes now bring in more than the cost of current benefits, and the "Social Security surplus" makes the total deficit or surplus figures look better than they would if Social Security wasn’t counted. But even if we remove Social Security from the equation, there was a surplus of $1.9 billion in fiscal 1999 and $86.4 billion in fiscal 2000. So any way you count it, the federal budget was balanced and the deficit was erased, if only for a while.
    Update, Feb. 11: Some readers wrote to us saying we should have made clear the difference between the federal deficit and the federal debt. A deficit occurs when the government takes in less money than it spends in a given year. The debt is the total amount the government owes at any given time. So the debt goes up in any given year by the amount of the deficit, or it decreases by the amount of any surplus. The debt the government owes to the public decreased for a while under Clinton, but the debt was by no means erased.
    Other readers have noted a USA Today story stating that, under an alternative type of accounting, the final four years of the Clinton administration taken together would have shown a deficit. This is based on an annual document called the "Financial Report of the U.S. Government," which reports what the governments books would look like if kept on an accrual basis like those of most corporations, rather than the cash basis that the government has always used. The principal difference is that under accrual accounting the government would book immediately the costs of promises made to pay future benefits to government workers and Social Security and Medicare beneficiaries. But even under accrual accounting, the annual reports showed surpluses of $69.2 billion in fiscal 1998, $76.9 billion in fiscal 1999, and $46 billion for fiscal year 2000. So even if the government had been using that form of accounting the deficit would have been erased for those three years.
    - Brooks Jackson

    http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/

    http://www.cbo.gov/publication/41880


    Rating Banking Conference

    10/02/2013 12:00 AM

    Yasser incumbent
    government approved that the banking sector is the mainstay wheel and advanced in the footsteps of development and economic progress as a tributary essential to finance projects and investments.

    This text is adapted from the word secretary-general of the Council of Ministers during a speech opening the conference of the Iraqi banking first on behalf of the Prime Minister, which sponsored the conference, in Reading between the lines of the floor and found many questions need to be answered art by people of competence and respect among these التسؤلات that in front of the banking sector the opportunity to expand a huge and important about what is witnessed in Iraq, the growing financial resources and projects development how to get this expansion?.

    answer is simply that the shared responsibility in to achieve this important goal between the banking sector and government institutions related While calling on the government to make specific proposals to make some amendments to the legislative, regulatory and promised to work with them and adopted in order to achieve the work of banks smoothly and effectively what is required of banks determine their requirements and according to available.

    Well, the ball is now in the court of the banking sector and it The responsibility for dealing with these trends, which has long advocated by which they are presented in front of him on a platter of gold, required to move in the light of these facilities transparent and clear how? The receding recommendations as part of what enabled paper secretary-general, even for this stage and when the execution will go Palmtalib other because the ceiling set by the word

    (make some adjustments legislative and regulatory) to help overcome the obstacles repeat that ceiling demands must be equal to the supply of procedures available.

    then the responsibility of the second Located on the relevant bodies of the executive who oversees plans and directs monetary and fiscal policy towards the correct path of the banking system and seeks to repair him to respond and be a catalyst for the promises of the government in bringing about a change of course and the performance of the banking sector and thus complete the picture in the construction of a bank interacts with the orientations of the state and contributes in the process of construction and development and perhaps what is recommended to recall him to invite the Secretary General of the Council of Ministers the central bank to develop mechanisms Vaalhohadfah for coordination between the government and private banks and justice between them and only lead some failures and excesses of some banks to harden harmful through measures unfairly in the words of the Secretary General.

    part, We believe that the central bank is keen on maintaining the national economy and prevent any irregularities detrimental to him will be a catalyst in achieving the goals and directions of the government towards activating the role of the banking sector in general and private banks in particular, and in his hand the success of this mission.

    either the success of the Conference of the Iraqi banking first in the field of program work, research and regulation we hope perpetuating through the commitment of banks to stay away from irresponsible practices and indulge in finding products and banking services serve the citizen in the first place and then programs the construction and reconstruction and development so looked a picture conference and this is the vision evaluative him that Snazzha follow-up will be achieved in the near future.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55621



    The general budget for the year 2014 holds the attention of experts

    10/02/2013 12:00 AM

    Before they are discussed in the Council of Ministers
    BAGHDAD - Hussein ثغب Tamimi

    acquires the general budget of the country on the concerns of experts, the economic and interested parties, and that the size of the budget, which exceeded the barrier 174 trillion dinars, according to the draft budget, and became a figure worthy to stand with him, where it came from claims need to be linked to budget figures the development process. diversify revenue , an economist Majid picture, said in an interview for the (morning) that the size of the budget large and is the largest in the history of the country, pointing to the importance that is linked to the budget process of economic development to achieve the goals of the local economy and whose access to the stage of the diversity of revenue through the activation of All production and service sectors. budget items and added that the budget still to day characterized balancing items, despite the presence of the Commission has been working for years to turn them into the development budget. Indicating that the discussion at this time is positive and there is plenty of time for approval in a timely manner, pointing out that it is still a draft in the Council of Ministers did not recognize until now, and then sent to the House of Representatives for approval. Development Plan Suri continued by saying: that the development process starting from the current year down to the year 2017 and would prefer to have an important part within the budget allocations for next year.

    He stressed that the budget is still without economic indicators clearly address the important issues in Iraqi society, particularly the fight against poverty and reduce the proportion of the unemployed, they prefer to have allocated a fixed within the ministries and provinces to the process of comprehensive development. terms of the difficulties faced by the budget said Suri to the importance of that is resolve differences with the Kurdistan region that relate to oil companies, pointing to the importance that the law applies financial management and the law of public debt so that we can create a balanced development and employment of money in different areas feasible economically. economic feasibility of the view interested in economic affairs Jassim Al Aradi pointed out that the importance of preparation Prior to all institutions the possibility of hiring budget allocations in projects economically feasible, pointing to the importance of promoting aspect of administrative and supervisory framework through the implementation of various projects. said Aradi to the importance of that to take an accountant and auditor's legal role from next year and do role for more than it was previously, a proposal to take advantage of local expertise and international centers in this aspect, as well as the possibility of establishing specialized offices to accounting and auditing expertise of local and international produce results quickly and in order to maintain public money. at a time, informed sources said the Cabinet will discuss at a future meeting the draft budget of the country's public for the next year 2014 in preparation for submission to the Parliament for discussion and approval, which is estimated at $ 150 billion, the highest in the history of Iraq, and drew a source in the Ministry of Finance press statement that his ministry has completed the preparation of the draft budget of the country, and sent it to the government as a prelude to discuss the clauses at a future meeting, and referred to the the House of Representatives for discussion and approval. pointed out that the budget is calculated on the basis of an oil price of $ 90 per barrel, which is expected to reach the volume of oil exports for next year to 3.4 million barrels per day. He explained that the next budget than its predecessor in 2013 at about 36 trillion dinars (30 billion dollars).

    source said that the budget allocated 64 trillion dinars ($ 60 billion) of investment projects. He pointed out that it included the allocation of 132 thousand degrees and careers, including 72 thousand degrees to the owners of contracts, and 60 thousand new degree, explaining that the budget focused on the allocations of financial in-class basis on the energy sector both its oil and electricity, in addition to the security sectors of defense and interior ministries due to instability security, in addition to the housing sector.

    budget allocations for its part, said a member of the Finance Committee parliamentary Magda Tamimi, a press statement that the draft budget has allocated 38 trillion and 901 billion dinars for the energy sector by 11 trillion dinars to the Ministry of Electricity, 27 trillion and 901 billion dinars for the oil ministry, referring to the allocation of 7 trillion and 960 billion dinars for the Ministry of Commerce, including 5 trillion and 416 billion dinars allocated for the ration card. said that the share of the Ministry of Defence within the budget had reached 6 trillion and 376 billion dinars, and the Ministry of the Interior 10 trillion and 323 billion dinars, and the National Security Council 302 billion dinars.

    Thus, had the security sector and armament assignments reached the amount of about $ 14 billion. explained that the workforce of the ministries and departments centrally funded numbered 3,000,063 thousand employees, therefore budget allocated $ 3 trillion dinars salaries of new, as allocated to the agricultural sector the amount of 3 trillion and 248 billion dinars and the industrial sector 2 trillion and 405 billion dinars, construction and reconstruction trillion and 978 billion dinars. said Tamimi told (center news for the Iraqi Media Network) that paragraphs budget for next year also included the allocation of $ 99 billion and 240 million dinars for the presidency, and 4 trillion dinars and 153 billion dinars general budget of the Council of Ministers, and 380 billion dinars a counterbalance to the House of Representatives, pointing to the allocation of $ 5 billion and 305 million dinars for the Energy Committee, chaired by Deputy Prime Minister Hussain al-Shahristani, and 10 billion dinars for the Economic Commission chaired by the Deputy Prime Minister Ruz Nuri Shaways, and 14 billion dinars Services Committee, chaired by Deputy Prime Minister Saleh al-Mutlaq. local administrations and said that the amount of 10 trillion and 656 billion dinars had been allocated to local administrations (provincial) and investment bodies in the provinces, and 15 trillion and 910 billion dinars debts domestic and international, including the compensation of the State of Kuwait, which amounted to 6 trillion and 511 billion dinars, while the budget of the Kurdistan region of 18 trillion 936 billion dinars, accounting for 17 percent of the budget, which allocated it also $ trillion dinars (860 million dollars) for the oil companies operating in the Kurdistan region, which is expected to issue 250 thousand barrels per day of crude oil.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55620



    Dimon, Bank Execs To Meet With Obama Over Debt Ceiling: WSJ

    Reuters | Posted: 09/30/2013 9:24 pm EDT


    Sept 30 (Reuters) - JP Morgan chief executive Jamie Dimon is headed for a scheduled meeting, along with other bank executives, with President Barack Obama on Wednesday, the Wall Street Journal reported.

    While talking to WSJ, an industry participant said concern over the debt ceiling battle would be raised during the meeting.

    Speaking to WSJ, a White House official said, "The president will meet members of the Financial Services Forum at the White House while they are in town for their annual meeting."

    JP Morgan was not immediately available for comments.


    http://www.huffingtonpost.com/2013/10/01/dimon-obama-meeting_n_4020218.html?utm_hp_ref=business



    Just wondering why ...if they pay Kuwait the 10 billion this week...why the need to budget the large amount in 2014....

    Thus, had the security sector and armament assignments reached the amount of about $ 14 billion. explained that the workforce of the ministries and departments centrally funded numbered 3,000,063 thousand employees, therefore budget allocated $ 3 trillion dinars salaries of new, as allocated to the agricultural sector the amount of 3 trillion and 248 billion dinars and the industrial sector 2 trillion and 405 billion dinars, construction and reconstruction trillion and 978 billion dinars. said Tamimi told (center news for the Iraqi Media Network) that paragraphs budget for next year also included the allocation of $ 99 billion and 240 million dinars for the presidency, and 4 trillion dinars and 153 billion dinars general budget of the Council of Ministers, and 380 billion dinars a counterbalance to the House of Representatives, pointing to the allocation of $ 5 billion and 305 million dinars for the Energy Committee, chaired by Deputy Prime Minister Hussain al-Shahristani, and 10 billion dinars for the Economic Commission chaired by the Deputy Prime Minister Ruz Nuri Shaways, and 14 billion dinars Services Committee, chaired by Deputy Prime Minister Saleh al-Mutlaq. local administrations and said that the amount of 10 trillion and 656 billion dinars had been allocated to local administrations (provincial) and investment bodies in the provinces, and 15 trillion and 910 billion dinars debts domestic and international, including the compensation of the State of Kuwait, which amounted to 6 trillion and 511 billion dinars, while the budget of the Kurdistan region of 18 trillion 936 billion dinars, accounting for 17 percent of the budget, which allocated it also $ trillion dinars (860 million dollars) for the oil companies operating in the Kurdistan region, which is expected to issue 250 thousand barrels per day of crude oil.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=55620

    If I might assist with helping to understand the breakdown here in their budget.

    and 15 trillion and 910 billion [TOTAL for/towards Debt] dinars debts domestic and international

    Out of that 15 trillion and 910 billion dinar they are going to compensate the State of Kuwait, which amounted to 6 trillion and 511 billion dinars[this might be the majority of what we seek to happen in remuneration to Kuwait]

    Then separately the budget of the Kurdistan region of 18 trillion 936 billion dinars, accounting for 17 percent of the budget [17% is the normal percentage that Kurdistan [the northern part of Iraq] is allocated each year from the Iraqi state budget.]

    I find this also interesting that they are allocating (860 million dollars) for the oil companies operating in the Kurdistan region


    Wow.... Just keeps commin


    Parliamentary expects economic infrastructure deportation law to the next session

    01-10-2013 | (Voice of Iraq) - Add a comment -


    (Special) ... Economic Commission revealed the possibility of voting on some clauses of the law on infrastructure.
    She explained committee member MP for the coalition in Iraq Nora Bijari in a statement to the Central Council of the Patriotic Union of Kurdistan (PUKcc.org), that the committees on the Law of the infrastructure, which is the economic, financial, services and reconstruction, held a meeting last week to discuss the possibility of passing some of the paragraphs of the draft law.
    The MP Bijari that parliamentary committees are trying selection paragraphs job in the law, and to reduce the amount specified in the law, pointing out that the committees seek to focus in the draft law, the terms of sectors of education, health and housing, which is the building of schools, hospitals and residential units lying cost.
    She said Rep. Bijari that committees seeking their own efforts to work to reduce the amounts allocated under the law of the projects, so as to reach a formula for the bill to be satisfactory to all parties, to be passed in the coming sessions, noting that it does not exclude to go around the law to the next session.
    And Rep. Albjara stressed that even if passed in the current session, it may be futile, because it depends on the contract and Order-term work, which could lead to the withdrawal of companies from implementing projects with the passage of time, as she put it.

    Read more: http://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D118608&usg=ALkJrhhHhvTf5sXwQ_eTfRj2PlIK-35eSQ#ixzz2gVsQbQRq


    CONGRESS OF THE UNITED STATES CONGRESSIONAL BUDGET OFFICE

    The Budget and Economic Outlook: Fiscal Years 2010 to 2020




    http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/108xx/doc10871/01-26-outlook.pdf



    Saudi

    Oct 01 2013

    Coin order: Shoppers in KSA can't be shortchanged anymore

    The Cabinet on Monday approved the minting of 400 million 50 halala coins after authorities forced businesses to pay loose change to consumers following purchases.

    "The new 50 halala coins have the same technical and security specifications of coins that are currently in circulation," the Cabinet said in a statement.

    The coins would be issued in batches as per market requirements. The move comes following a Ministry of Commerce decision urging shops and supermarkets to make coins available to give as change to customers.

    The ministry began enforcing its instructions in August in a campaign entitled "Claim Your Change." It aims to ensure that customers get money back instead of chewing gum or a packet of tissues in return for amounts below one riyal.

    The ministry said it carried out 800 inspections and imposed fines on 100 stores that did not abide by its instructions. It also pointed out that it had received several complaints from the public.

    Inspections began after ensuring that the Saudi Arabian Monetary Agency (SAMA) had provided sufficient coins to commercial banks, which would be penalized by SAMA if they fail to provide shops with sufficient change.

    "We hope this regulation and round of inspections will also go beyond grocery shops and local stores. Gas stations are also in need of inspection by the ministry. I almost never get my change back when I fill up my tank. Instead, the worker takes the liberty of rounding up the amount I owe. Sometimes the change owed is significant and should be given back to the customer regardless," one shopper said.

    Another consumer criticized the fact that some stores ask shoppers whether they would donate the amount owed in change to charity. "These stores then make big publicity out of their donation to charities."

    The ministry calls on residents to report violations by calling xyzxyzxyzz


    http://www.zawya.com/story/Coin_order_Shoppers_in_KSA_cant_be_shortchanged_anymore-ZAWYA20131001051743/?lok=051700131001&&zawyaemailmarketing



    U.S. Treasury starts last measures to preserve borrowing authority

    WASHINGTON (Reuters) - The U.S. Treasury on Tuesday started using its last tools for pushing back the date when the government will run out of legal borrowing authority, Treasury Secretary Jack Lew said.

    In a letter to lawmakers, Lew said the Treasury Department was suspending some reinvestments of a government currency exchange fund and would also enter into a debt swap with the Federal Financing Bank and the Civil Service Retirement and Disability Fund.

    He repeated past statements that these measures would allow it to continue below its $16.7 trillion limit for a little while longer, but that by October 17 the government will have exhausted its borrowing authority and will be left with about $30 billion in cash to pay the nation's bills.

    "If we have insufficient cash on hand, it would be impossible for the United States of America to meet all its obligations," Lew said in a letter to lawmakers. "For this reason, I respectfully urge Congress to act immediately to meet its responsibility by extending the nation's borrowing authority."

    After borrowing authority expires, Treasury by law would then have to rely on its remaining cash and incoming revenue to pay the country's obligations.

    The nonprofit Bipartisan Policy Center estimates that the United States would begin defaulting on some obligations between October 18 and November 5.

    Lew said the partial federal shutdown, which started after Congress failed to pass legislation to fund the government in the new fiscal year that began on Tuesday, would not "materially" impact Treasury's projections for when its borrowing authority will expire.

    (Reporting by Jason Lange; Editing by Christopher Wilson and Will Dunham)

    http://news.yahoo.com/u-treasury-starts-last-measures-preserve-borrowing-authority-233754792--business.html

    Hmmmmm



    Veterans Storm WWII Memorial

    By Allison Prang

    Image
    WW2 Memorial victim of federal shutdown. but that didn't stop the vets from visiting. NBC4 at 5 & 6.

    Image
    WWII Memorial has shutdown signs at some entrances, but Mississippi honor flight walking through memorial

    War veterans from Mississippi and Iowa made it through barricades to visit the World War II Memorial on the National Mall midday Tuesday, despite all national parks being closed as a result of a partial government shutdown.

    “We had no problems whatsoever,” World War II veteran Jim Ferencak, 86, of Pascagula, Miss., said before he started to cry. This was his first time visiting the memorial.

    “Excited? Oh crap yes,” he said. “I’d re-enlist if they let me.”

    It’s unclear who moved the barricades closing off the memorial.

    “I know that someone moved it,” said Carol Johnson, spokeswoman for the National Mall and Memorial Parks. She said permits for group visits were cancelled because of the shutdown.

    The National Republican Congressional Committee quickly capitalized on the event on its Facebook page: “Democrats shut down WWII Memorial — Greatest Generation Storms Through Anyways (sic),” said a message asking for people to sign up to support the vets, and reminding them that donations to the NRCC are not tax-deductible.

    An NRCC spokesperson could not be reached immediately for comment.

    House Republicans, mindful of the events at the memorial, decided to try to immediately restore funding for park services. Some Republicans said they thought the White House intentionally closed off the World War II Memorial in order to make the shutdown inflict maximum pain.

    “It just shows the vindictiveness of the White House,” said Rep. Scott Garrett (R., N.J.) “We’re not going to let that stand, so we’re going to make sure” that parks are funded “even though you don’t need to have funds to have an open memorial.”

    The Mississippi veterans are visiting Washington, D.C., through the Honor Flight Network, and the veterans from Iowa are here through a Story County Freedom Flight.

    Volunteers were ready to move the barricades. “We were prepared to do it,” said Alice Canerday, a volunteer for the Honor Flight Network. She called the park service “kind” and “supportive.”

    “We were comin’, open or not,” said Jennifer Monserud, committee member for the Story County, Iowa, freedom flight. Ms. Monserud said it was more important for the veterans to see the memorials than cancel their trip.

    “They’ll get us where they can get us,” said Charles Packard, 83, a veteran from the Korean War on the flight from Iowa, of the veteran’s trip to D.C. in the midst of a government shutdown.

    Mr. Packard got up at 3:30 a.m. CT to catch the flight and said his group leaves late tonight.

    Of the country’s political leadership and its failure to pass a budget, he said: “Throw ‘em all out.”

    Ms. Canerday said an honor flight from Chicago is coming tomorrow, followed by one from the Quad Cities (four cities around the Mississippi River on the Iowa-Illinois boundary) on Thursday and one from Nevada on Friday.

    “This memorial was built to honor these vets so it is very unfortunate that we had to close the memorial,” Ms. Johnson said.

    http://blogs.wsj.com/washwire/2013/10/01/veterans-storm-wwii-memorial/?mod=WSJ_hps_sections_news



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    THURSDAY NEWS 10/10/13

    Post by Admin on Fri Oct 11, 2013 10:11 pm


    Hakim: You must be the United States a large presence on the economic level and not only on the political side
    PostDateIconThursday, October 10 1 / Okrudolf 2013 20:07


    {Baghdad Ambassador: News}

    Search head of the Islamic Supreme Council Ammar al-Hakim with U.S. Ambassador to Iraq Robert Stephen Beecroft, developments of the political situation in Iraq and the region. Hakim said in a statement his agency received Ambassador News copy of it: must be to the U.S. large presence at the economic level and not limited role on the political side only, in order to contribute to its companies in Iraq's reconstruction. statement added: The two sides discussed the latest developments in Iraq and the region, calling for the adoption of dialogue a way to solve problems and crises, stressing the need to hold elections on schedule. For his part, praised U.S. Ambassador: Hakim efforts and his moderate through which seeks to raise the word of Iraqi political forces to rebuild Iraq.

    http://www.assafirnews.net/index.php/2012-06-07-02-27-16/21097-2013-10-10-17-07-24.html


    Society wrote on October 10th, 2013, 12:34 pm:

    Confusion as a result of your 62 and 77 coupled with an apparent endorsement to the post of E1......

    That being said, I would have expected the two to add to 100 unless you actually give the weekend a distinct possibility.....your numbers would seem to imply a 23% chance this weekend which I would find significant if true....

    I was curious how likely you now believed this could happen on a weekend as we have always looked to a "T".....especially in light of seeing normal business resume on the 20th and hence the reason for my question......

    IMO......FWIW.....I would have thought 5% before, 5% during, 90% after would have really indicated what your studies have been implying and what the news would substantiate in spite of the E1 post.....

    I just try to stay at 50/50. If not today then I have the same the next day if GOD be willing to give me another day to thank him and be able to rejoice in it. :biggrin:

    Russia takes a step towards free float of rouble
    By Delphine Strauss

    Russia’s central bank has taken a further step towards a free float of the rouble, by widening the band within which it allows the currency to fluctuate against a dollar-euro basket.

    On either side of the new 3.1 rouble band, the central bank will continue to intervene to smooth volatility in the exchange rate within a wider Rbs7 corridor.

    It said it currently targeted interventions of $120m a day but it could also buy or sell up to $400m when the rouble reached certain levels – which it has now published for the first time – after which the corridor is automatically adjusted.

    “This implies a significant step forward in the transition toward a fully floating exchange rate,” wrote analysts at Morgan Stanley.

    Elvira Nabiullina, central bank governor, wanted to reduce exchange rate intervention so that policy makers were better able to use rates to target inflation, they argued. Recent interventions have instead pushed up rates, at a time when growth is weakening and inflation falling to target.

    The policy change may also reflect a wish to allow the rouble to weaken to reflect a worsening balance of payments and help Russia’s economy adjust. Third-quarter data showed the weakest current account surplus since the 1998 default, a widening non-oil trade deficit and accelerating capital flight.

    Analysts at Nomura noted that the economics ministry was already forecasting that the rouble would fall to Rbs33.4 to the dollar in 2014 and depreciate further in subsequent years.

    “The central bank is becoming more open about the rouble testing weaker levels,” they wrote. “We believe the shrinking current account surplus and deteriorating competitiveness are causing these dynamics, with the Kremlin becoming more open-minded to using the rouble as a tool for economic stimulus.”

    However, Alexander Morozov, economist at HSBC in Moscow, said that while a weaker rouble might help exporters, it would also fuel inflation and so would not help the central bank establish a credible inflation targeting regime.

    The rouble fell after the central bank announced its changes on Tuesday but rallied on Wednesday to trade up 0.2 per cent on the day against the dollar-euro basket.

    “Even if this really does provide the currency with a certain degree of exchange rate flexibility within the trading range, the fact remains that the rouble exchange rates continue to be managed. There is still a long way to go before the exchange rate is fully flexible,” said Thu Lan Nguyen, analyst at Commerzbank.

    The central bank aims to end all intervention in the exchange rate by 2015, but several analysts question whether they will meet this deadline.

    http://www.ft.com/intl/cms/s/0/9e42ee28-30fc-11e3-b478-00144feab7de.html#axzz2hEGJmIk3


    Hi, Family!

    John (BLUESTAR) was able to pose a very direct question to Christine LaGarde. He phrased it carefully enough, but it was about as pointed as you can get. Richard Quest -- the CNN moderator -- repeated it back to Christine when she looked like "how in the world do I get around this question?" but his repetition of the question didn't do John any favors. In any case, Christine danced around the question completely, totally avoiding any reference to the GCR! She addressed some of the issues that have gotten the world economies into their situation but didn't even try to deal with "global monetary instruments" (as BLUESTAR phrased it). Follow-up questions by a couple of others in the audience were pretty much treated the same way. The look on Christine's face was "Can I please get out of here and not talk about this!"
    John did himself proud, nevertheless!

    Blessings.

    Eagle1


    Iraqi Airways: bank of the system and working behind the delays Book-mail

    | on 10.10.2013 | author honest Jassim |

    Follow / electronic rectitude

    Airways said Iraq, that the reason for the delay launch of address to booking tickets traveling back to foot the banking system in Iraq, stressing determine mid-month experimental starting date for the project.

    The director of IT and e-commerce at the company Abbas Fadel "The reason for delay in completion of the project is due to the lack of system bank Iraqi sophisticated depends Credit Cards, and got agreement with TBI to embrace this issue," he said, adding that "Traveller will spare tickets and follow-up specials Iraqi air Alkhot Company at his home without having to go to the offices of the company whether it is in Iraq or abroad. "

    He added, "The Iraqi Airways concluded the agreement with the Iraqi Bank for Trade and foreign company that create e-payment gateways that will be intermediate between the customer and your company site Book-mail to be established for this purpose and Master card companies."

    And that "the company identified the mid-month deadline to run demo of the system, that is the beginning of next month formally operation of the system but on specific sectors and specific companies, to be the general operation of the system beginning next year."

    He noted that the "company will cut fares Mileage via new system rate (5-8%) of its value if severed from offices along that the system will avoid Traveler bother going into offices of the company to book tickets and cut."

    He noted that the "Iraqi Airways will contract later with the management company that specializes in fraud systems before the start of operation of the system, fearing exposure to piracy of another."

    It was scheduled to begin the introduction of electronic booking the beginning of last month, but some of the technical procedures delayed the start of the system.

    http://www.alestiqama.com/news.php?cat=business&id=3175


    posting for Frank:


    FAMILY AND STAFF..

    GREETINGS KTFA FAMILY AND STAFF

    WE ARE HOLDING AN EMERGENCY CONFERENCE CALL SUNDAY NIGHT AT 9:00 PM EDT. WE INVITE ALL OF YOU SO WE CAN SHARE WITH YOU THE LATEST INFORMATION THE TEAMS HAVE ACQUIRED TODAY.


    KTFA,



    Frank


    Swiss to vote on plan to give everybody $34,000 a year: reports
    October 9, 2013, 11:42 AM

    First they go planning for an invasion by the French, now the Swiss are going to have a vote on a proposal to give everybody in the country $34,000 a year, no strings attached.

    The Swiss referendum process allows any measure gaining 100,000 signatures to get a vote, and the latest one involves a basic income for all adults in the country of 2,500 Swiss francs a month, or nearly $34,000 a year at current exchange rates. The country’s poverty line is about 2,300 Swiss francs a month.

    Residents of the country have been miffed at exorbitant pay for the country’s bank executives, Reuters reported.

    As part of the petition process, organizers dumped millions of 5 centime coins in front of the country’s parliament building, the Daily Mail reported.

    http://blogs.marketwatch.com/thetell/2013/10/09/swiss-to-vote-on-plan-to-give-everybody-34000-a-year-reports/


    I remember a few months ago, somebody posted about what children in America used to do vs how sheltered and protected they are today..... and yet we survived to write about it.

    Just another example of the nanny state we've become...

    http://www.breitbart.com/Big-Government/2013/10/10/USPS-lets-move-stamps

    Postal Service to Destroy Michelle O. 'Just Move' Stamp Series Over Safety Concerns

    According to Linn’s Stamp News, the US Postal Service has now been forced to destroy the entire run of stamps based on Michelle Obama’s “Let’s Move” initiative.

    That’s because three of the stamps showed children doing unsafe activities: one showed a child jumping cannonball-style into water; a second showed a child skateboarding without kneepads; a third showed a child doing a headstand without a helmet.

    The President’s Council on Fitness, Sports & Nutrition had not approved the stamps, but were only made aware of the problem after Nagisa Manabe, USPS marketing chief, asked Michelle Obama to take part in the ceremony inaugurating the initiative.

    Really?

    Doing a cannonball (oh my gosh, how dangerous)... remember doing belly flops off the diving board?

    Skateboarding without knee pads.... isn't having a scraped knee a badge of honor among kids?

    and worst of all... Doing a headstand without a helmet! WHAT????? To protect from what? You place your head against the ground and lift your legs up in the air. Clearly I'm missing something here. Please help explain this to me. But use small words and type slowly so I can understand. I think the brain damage I incurred doing headstands without proper safety protection must be having an impact on my reasoning capacity. Next, they'll want us to put a helmet on when we put on a hat or lay our head down on a pillow to rest. Actually I think just putting on a helmet should require us to put on a helmet. Those things can hurt.

    Sorry, I forgot to take my crazy pill this morning and I had a moment of rational thought. I'm better now, the pill ees startin ta kik in...


    First Published: 2013-10-10

    New refinery in Iraq with six billion dollars


    Baghdad has signed a contract with Swiss company for construction of a refinery in Maysan province card approximately 150,000 barrels per day.

    Middle East online

    Iraq needs the four ranks of giant

    Baghdad-Baghdad Thursday signed a contract with Swiss satarm to establish an oil refinery in southern Maysan province at a cost of six billion dollars and a production capacity of 150,000 barrels per day, according to a Government statement.

    Prime Minister Nuri al-Maliki, who oversaw the signing between the oil Ministry and a Swiss company, all companies and investors to take advantage of employment opportunities in Iraq and contribute to the process of reconstruction and investment in the fields of oil, electricity, housing, roads and industry and commerce.

    Al-Maliki said in a speech during the signing ceremony "today we sign the contract is an important investment project with the participation of the private sector which will help to bridge the country's petroleum".

    The Prime Minister said that "this vital project will achieve for Iraq and for the Group of companies that will create great investment opportunity to participate in projects covering all sectors."

    Maliki stressed that there are other conventions have been signed to work in several areas, notably electricity, where it was agreed to hold a project to produce (6) thousand MW.

    "Today we are working so hard to get to the advanced stage of economic growth and provide a decent life for all citizens, especially the poor, in addition to providing employment opportunities to job seekers."

    Transfer of data the Government head of the Swiss company as saying that "this project will be the first work of other projects will involve various fields."

    The Member of the Parliamentary Committee on oil and energy Susan Saad, confirmed Tuesday that the country needs to build four giant refineries to meet the demand of petroleum products, especially gasoline, imported from abroad.

    http://www.middle-east-online.com/


    In electricity-starved Iraq, everyone knows his amps from his watts

    Image
    Iraqis can't live without their generator

    Power cuts, shortages have gone on for so long that most Iraqis turn to generators to make up for lack of national grid electricity making juggle of electrical appliances second-nature

    BAGHDAD - In electricity-starved Iraq, just about everyone knows his amperes from his watts, and juggling electrical appliances to run them off a generator is by now second-nature.

    Power cuts and shortages have gone on for so long that most Iraqis turned to generators to make up for the lack of national grid electricity.

    "In Iraq, there isn't a single home without a generator... from the most simple abode to the most remote tent," says Abu Karar al-Quraishi, who sells small generators in central Baghdad.

    "And in villages, generators are often as important as food" because they run water pumps needed for agriculture.

    But the personal generator business is not what it used to be, and while the government trumpets rising power supplies, most people still require plenty of supplementary electricity.

    As time has gone on, many city dwellers have switched to private generator operators who, for a fee, will provide power to a single building, or an entire street, when the national grid is down.

    "From 2006 to 2010, I used to sell 100 to 150 generators a day," says Quraishi. "Since 2011, sales have dropped and I only sell 10 to 15 a week."

    "People prefer buying power from private generator operators because they do not need to buy fuel, change the oil, or otherwise maintain their own generators. It's easier to let generator operators handle the problems."

    Selling electricity can be good business.

    Abu Sajad, a generator operator near Aqba bin Nafia Square in central Baghdad, operates two 500 Kilovolt (Kv) generators from a shack, and guarantees up to 18 hours of electricity a day to his 150 neighbourhood customers.

    "It is a hard job," says the 37-year-old, who previously worked as a car painter and taxi driver.

    "You must be on hand day and night to keep an eye on the cables and make sure the generator does not overheat.

    "And if the generator shuts down for half an hour you can be sure the customers will be all over you complaining."

    Three amps and TV is on

    During the hot summer, prices are fixed by the government which, in exchange, subsidises the fuel needed to run the generators.

    In the winter, generator operators pay market rates for fuel, but consumption typically drops as temperatures cool off and Iraqis have less use for their air conditioners.

    But even though the government sets prices during the summer, charges vary on the ground.

    Sajad charges 12,000 Iraqi dinars ($10) per ampere per month, with a minimum three-ampere contract. Operators in other neighbourhoods, however, charge as little as 7,000 dinars per amp per month.

    Three amps, a measure of current, will be enough for a small fridge, a television, a fan and some lights. Ten amps will allow for an air conditioner, and more lights.

    When customers exceed their allotment, power automatically shuts off.

    That means they must learn to juggle appliances -- turning off the television to use a microwave, or shutting everything down to ensure there is enough power to run a small air-conditioner in the summer heat.

    From inside his shack where a generator thunders away, Sajad keeps a close eye on the meters.

    A maze of cables, which could easily prove a fire hazard, sprouts from the shack into a spidery web which runs off to nearby houses.

    Sometimes the jumble of cables outside allows a thief to "hook on" undetected to a wire to steal a few amps here and there. Others just steal the wires themselves.

    'I couldn't live without my generator'

    Officials have poured in billions of dollars since the 2003 US-led invasion to solve the power problem, caused by decades of war and sanctions which led to a reliance on obsolete technology.

    And while things are slowly getting better, few actually believe government promises that Iraq will produce more electricity than it consumes by year-end.

    Such a date is "unrealistic" according to Suzan al-Saad, a member of Iraq's parliamentary oil and energy committee.

    "There are still many technical obstacles to overcome."

    Saad pointed in particular to a decision to build gas-powered power plants, despite the lack of domestically-extracted gas.

    While Iraq sits on a sea of oil, it produces hardly any gas and the little that is extracted, as a byproduct of crude, is "flared off" rather than captured.

    The widespread corruption plaguing Iraq is also said to have hampered electricity provision.

    According to electricity ministry spokesman Musab al-Mudaris, the national grid now provides 14 hours of electricity per day in Baghdad, and up to 20 hours per day elsewhere in the country.

    Many Iraqis would dispute those figures.

    Production currently stands at 11,000 megawatts (MW), and is estimated to increase to 13,000 MW by year-end and 20,000 MW by late next year, says Mudaris.

    Peak summer demand is pegged at 16,000 MW, and Mudaris says the ministry hopes to meet that demand next year.

    But Iraqis aren't letting go of their generators just yet.

    "I couldn't live without my generator," said Maria Hawil, a 58-year-old Baghdad housewife who has been using the same one for six years.

    "It goes wherever I go."

    http://www.middle-east-online.com/english/?id=61893






    Try this one....it worked for me

    http://www.imf.org/external/mmedia/view.aspx?vid=2734945822001
    Thank you aggiedad77 It worked for me too :handshake1:
    User avatar
    Edee

    Posts: 84
    Joined: February 2nd, 2013, 9:18 pm
    Location: N. Dallas Tx.

    Snack Your Way to Wellness

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    Re: Frank26......10-09-2013

    Unread postby Bandit » October 10th, 2013, 4:47 pm • [Post 479]

    troopersdaughter1962 wrote on October 10th, 2013, 4:26 pm:Ok, emergency cc on Sunday.......I'm excited and praying, but I'm also scared. And why wait until Sunday?
    :tuxdance: :surprised: :hmmm:
    Lets do it Family.......Prayers DO work!
    :godbless:Angel/troopersdaughter1962



    Frank likes to "cook" his intel for 3 days.... I'm sure the Sunday cc will be good news.

    :woohoo: :smiliedance: :cooking:



    Is Gold Good for the Global Economy?
    Published October 10, 2013Wall St. Cheat Sheet

    Image
    Gold coins

    Gold is perhaps the most controversial asset in the market. Some people view the precious metal as a long-term storage of wealth and a hedge against financial chaos, while others see gold as a barbaric, lifeless rock held only by doomsayers. The debate over gold is not likely to be resolved anytime soon, but the precious metal is still helping to boost economies around the world.

    According to a new report from PricewaterhouseCoopers and the World Gold Council, the gold industry generated more than $210 billion for the global economy last year — roughly equivalent to the gross domestic product of Beijing. It is the first study to factor into account the entire value chain, from large-scale mining supply to consumer demand. Due to difficulty researching small mining operations, the report likely underestimates the total fiscal contribution of the gold industry.

    “With the global mining sector facing challenging times and increasing costs, transparency is vital — and this research is important as it examines the economic value generated by gold and where that value is created,” said Jason Burkitt, U.K. mining leader of PwC. “The industry does make a significant impact globally, and this report helps us to understand better the fundamental role that gold plays in advancing economic development.”

    Gold mining alone made an economic contribution of $78.4 billion to the top 15 mining countries in 2012. Those 15 countries accounted for approximately three quarters of global output and directly employed an estimated 527,900 people in the gold mining industry last year. South Africa is the leader, with an estimated 145,600 mining employees, while Russia and China have 134,000 and 98,000 mining employees, respectively.

    The importance of gold mining varies significantly across the globe. Last year, gold accounted for 36 percent of all Tanzanian exports, as well as 26 percent of exports in Ghana and Papua New Guinea. Gold only made up 2.2 percent of total exports in the United States, but its dollar value of $33.7 billion was the highest among major gold producing countries. China came in second, with $22.9 billion, and Australia third, with $16 billion.

    Jewelry, the largest proportion of gold fabrication and consumption, directly added almost $70 billion to the global economy. India is the top fabricator and consumer of gold jewelry, at 1,170 tons, accounting for nearly one-third of global fabrication and consumer demand. China is the second largest, at 1,017 tons.

    Terry Heymann, director of Gold for Development at the World Gold Council, commented: “From mining and refining to fabrication and consumer demand, it is clear that gold makes a positive contribution to economic growth along the entire value chain. In particular, consumer demand for physical gold products from the 13 largest gold consuming countries directly generated very substantial economic value: around $110 billion in 2012.”

    Even though the price of gold has retreated sharply from all-time highs made in 2011, there is still a significant amount of demand. Between 2007 and 2012, global gold demand surged 42 percent. Jewelry demand reached 1,908 tons last year, while total bar and coin demand came in at 1,256 tons. Central banks, which often treat gold as an important reserve asset, purchased 535 tons of gold, or 12 percent of global demand.

    http://www.foxbusiness.com/markets/2013/10/10/is-gold-good-for-global-economy/

    World likely to have 11 trillionaires within two generations: Credit Suisse
    October 9, 2013, 2:17 PM

    In the past year, aggregate global household wealth increased by 4.9% to reach $241 trillion, a sign that even as the tepid economic recovery plays out, households are still accumulating wealth. And that number is poised to grow over the next five years by 40%, reaching $334 trillion, according to Credit Suisse’s annual Global Wealth Report, out Wednesday.

    Here’s what the distribution of that wealth looks like in pyramid form:

    Image

    t’s pretty disconcerting to see over two-thirds of the world’s adults have wealth of less than $10,000, while the wealthiest 0.7% hold 41% of the world’s wealth.

    But there are some heartening signs in the report. One suggests that some measures of mobility are high. Future projections of growth rates based on historical averages show that the fraction in the bottom category of wealth will fall steadily over a 60-year time-frame. After the first 30 years, the number of people currently at the bottom will be cut nearly in half. The authors write:

    “Two generations ahead, future extrapolation of current wealth growth rates yields almost a billion millionaires, equivalent to 20% of the total adult population. If this scenario unfolds, then billionaires will be commonplace, and there is likely to be a few trillionaires too – eleven according to our best estimate.”

    Here’s what it looks like in colorful chart form:

    Image

    Wealth mobility within the period works the other way as well. The top 100 billionaires in the Forbes billionaire list in any given year tends to fall in consecutive years, the authors found. So, for example, of the top 100 billionaires on the list in 2001, only 37 remain.

    It’s a small sample size that hinges on a number of factors, but it goes to show that just because you’re perched on the top of the pyramid doesn’t mean you’ll stay there.

    This chart shows the trajectory:

    Image

    http://blogs.marketwatch.com/thetell/2013/10/09/world-likely-to-have-11-trillionaires-within-two-generations-credit-suisse/


    Frank,

    IMO is it not Bluestar who should be asked about whether an NDA is needed or not but it should be an attorney. I am sure in the family we have an attorney or two who can address this from our perspective and the bank's perspective.

    With the NDA comment you bring up an interesting point. I would want any financial institution I exchange Dinar with to promise they will not to reveal to internal marketing or external third party marketing any of my data.




    Hello agold:

    There may be a little mis-understanding. Frank said there is conflicting information floating around about NDA's, and who is being required to sign an NDA. (think of the difference between someone who has invested hundreds or thousands in the IQD vs someone who has invested millions) Frank did not necessarily wish to cover this topic, but due to questions about it, he said he would have Bluestar ask him questions about it to help the family understand the conflicting information. The information will be from Frank, to the extent he wishes to speak about it. Just FYI. Blessings to you, agold!
    BulldogFord65

    Image
    FRANK CAN YOU LOOK AT THIS LINK I STUMBLED ACROSS...... JJ :handshake2:


    DFI and successor account audit for financial year 2013 4 audit firms submitted their proposals as follows:


    Price Waterhouse Coopers (PWC)
    Ernest & Young (E&Y)
    PWC

    http://www.cofe-iq.net/minuts/meeting2_2013en.pdf


    http://www.cofe-iq.net/minuts/meeting1_2013en.pdf


    http://www.cofe-iq.net/pages/e_meetings_cofe.htm



    THIS ONE AS WELL JJ :hibye:

    http://www.cofe-iq.net/pages/e_announcements.htm

    http://www.iamb.info/fininfo.htm



    I just went to the door as I thought I heard the Dinar Dong. On my way there I saw something on the floor. When I went to pick it up, I Rupiahed my shorts. What a bummer. Does anyone have a sewing needle and thread?
    avatar
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    Admin

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    Join date : 2013-09-13

    Iraq’s accession to the World Trade Organization, says economist 10/10/13

    Post by Admin on Fri Oct 11, 2013 10:13 pm

    Investment agreements pave the way for Iraq’s accession to the World Trade Organization, says economist

    Posted: October 10, 2013 in Iraqi Dinar/Politics
    Tags: Arab, Arab people, Baghdad, Economy of Iraq, Investment, Iraq, United Arab Emirates, World Trade Organization
    wto10.10.2013 12:00 AM

    counting Economists investment agreements and economic signed by Iraq with the countries of the world one of the important steps that pave the way for Iraq’s accession to the World Trade Organization because it is considered a first step towards collective bargaining.

    Economist and academic, Dr. Acer Yassin said in a statement (morning): The “hold these agreements to the benefit of both sides through the exchange of experiences and attract investments and allow foreign investors and the Arabs.”

    said Yassin said the Iraqi investment law gives the group guarantees and benefits for foreign investors, especially in the field of construction and reconstruction, these benefits have not benefited Arab investor in the past few years, as it did not try to invest in Iraq and the trend towards the Iraqi economy because of security conditions, so it must attract Arab investors to be construction projects pilot.

    noted expert that these agreements are considered privilege for the investor, as being able to own land, which implements the project, especially as the Iraq less signatory countries of the agreements guaranteeing to invest at the level of countries of the world, noting that it encourages investors and give them guarantees and additional benefits, as well as the advantages granted by the Investment Law, and opens the way for agreements with other countries, especially as the investment agreements in the field of construction and reconstruction benefit Iraq because it needs to residential units, which were estimated by the experts of two million units, but the country needs more than this number, especially in the provinces, he said.

    noted that the National Investment Commission has signed contracts investment with two Blorm and Handal Alamarateten Inc. Shamara Holding last month, for the construction of housing units are in the cities of the future (1 and 2) in the region of الدهنة by 30 thousand residential units, and the Committee of Baghdad in the area of Dabbash by 20 thousand residential units.

    Government has shown its willingness to consider any amendments serve the process of construction and investment and cringe difficulties encountered in the work of investors and companies the private sector, while stressing the Ambassador of the United Arab Emirates and managers of UAE Iraq’s intention to increase the presence in the Iraqi market, expressing their aspiration to support the Iraqi government for construction projects undertaken by the UAE companies, and pledged at the same time its completion deadlines.

    طباعة

    bit.ly/18QY54R




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