"The Dinar Daily"... Wednesday November 7th, 2012

The Election Is OVER & So Are The Debates...
We Are Back On Topic...
The RV of The "IQD"

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Currency Auctions

Announcement No. (2250)

The latest daily currency auction was held in the Central Bank of Iraq on the 07-NOV-2012. The results were as follows:

Details

Notes

Number of banks

18

Auction price selling dinar / US$

1166

Auction price buying dinar / US$
-----
Amount sold at auction price (US$)

178,617,000

Amount purchased at Auction price (US$)
-----
Total offers for buying (US$)

178,617,000

Total offers for selling (US$)
-----

Sadrist MP: America supports keeping Iraq under UN 7th Chapter
Wednesday, 07 November 2012 14:25 | | |

Baghdad (AIN) –MP, Jawad al-Hasnawi, of Ahrar bloc assured that America seeks limiting the regional role and interests of Iraq.

He stated to All Iraq News Agency (AIN) "The restrictions are not imposed only by Kuwait rather there are hidden restrictions imposed against Iraq by other Arabic countries."

"America calls for relieving Iraq from the 7th Chapter of UN Charter but again it contradicts itself by calling to keep Iraq under this Chapter," he added.

"Iraq will remain under this Chapter by the US support which is based on a wide-range perspective," he concluded.

https://www.alliraqnews.com/en/index....medium=twitter


[THIS ARTICLE MAKES NO SENSE WHAT SO EVER... I BELIEVE THAT MORE THAN 1/2 OF THEIR POLITICIANS (MP's) ARE JUST SIMPLY UNEDUCATED (STUPID) YES, I CALLED THEM STUPID... AND ITS NO SECRET THAT A LOT OF THEM ARE NOT HIGHLY EDUCATED, AGAIN I AM TALKING ABOUT THE MP's... ITS THE LACK OF EDUCATION AND INABILITY TO READ AND COMPREHEND THEIR OWN CONSTITUTION... AND THATS THE UNDERLYING PROBLEM FOR THEIR CURRENT ISSUES... NOW, THE U.S IS WORKING TO GET THEM OUT OF CHAP 7... HOWEVER; THEY WILL REMAIN UNDER SANCTIONS... "CHAPTER 6" IS THE NEXT PHASE... THEY WILL CONTINUE TO REDUCE THE SANCTIONS PHASE BY PHASE... UNTIL IRAQ HAS TOTALLY RESOLVED ALL OUTSTANDING ISSUES... THE U.S AND THE UN ARE NOT STUPID... IRAQ WILL NOT BE RELEASED TOTALLY UNTIL THEY ARE WHERE WE FEEL THEY NEED TO BE AS A COUNTRY...]

Legal Committee agrees to define the three presidencies mandates

https://www.shafaaq.com/en/templates/...pdf_button.pnghttps://www.shafaaq.com/en/templates/...rintButton.pnghttps://www.shafaaq.com/en/templates/...mailButton.png
Wednesday, 07 November 2012 13:58


https://www.shafaaq.com/en/images/201...ralmanetiq.jpgShafaq News / The Legal Committee in the parliament announced on Wednesday that the majority of its members agreed to legislate a law to determine the mandate of the three presidencies.


The member of the Committee MP, Lateef Mustafa said in an interview for "Shafaq News" that “his committee approved by a majority of its members at a meeting held today on the legislation of a law that requires identifying the mandatory of the three presidencies paragraph."


The head of the Liberal bloc in the parliament affiliated to the National Alliance, Bahaa al-Araji has announced last July with a number of independent MPs that his bloc proposed a law that requires identifying mandatory of the three presidencies in two sessions only, revealing that 100 MPs signed on this proposal.


The citizen's parliamentary bloc that represents Mihrab Martyr movement announced on July, the support of all the blocs that are affiliated in the ♠ National Alliance to the proposed law of defining the mandates of the three presidencies in two sessions with the exception of State of Law bloc, considering that proposal as a proposal that ♠ prevents repeating the dictatorship of the former regime.


Moqtada al-Sadr, the head of the Sadrist movement has called more than one to conduct a constitutional amendment that includes determining the duration of the three presidencies in two terms.


Political observers believe that the mandate of Prime Minister will end the current political crisis and prevent individuality in ruling and marginalization of the other especially that Iraq has sectarian, national and religious plurality.


https://www.shafaaq.com/en/news/4004-...-mandates.html

Expert: replace the ration card with money decision "Saeb" and will reduce the financial corruption of the Ministry of Trade
Date: 07/11/2012 10:31:47 Wednesday	https://www.ikhnews.com/themes/day1/print_page.gif https://www.ikhnews.com/themes/day1/send_f.gif https://www.ikhnews.com/themes/day1/save.gif

https://www.ikhnews.com/filemanager.p...image&id=38754 Baghdad (news) .. Praised the economic expert عبدالحسن Shammari, the decision of the Council of Ministers to replace ration card with funds distributed to citizens, calling the decision "right" because it will reduce the rampant corruption in the Ministry of Trade and agents as he put it. Al-Shammari said (of the Agency news) on Wednesday: that the new resolution issued by the Council of Ministers to cancel the ration card and is distributed in the form of money to citizens is a sound and Saeb because it would eliminate the financial corruption in the Ministry of Commerce and agents of the ration. He noted: that the amount Siktadhah per capita instead of the ration card and adult (15) sufficient to meet the needs of food, according to wholesale prices in a beautiful area of ​​specialized industrial selling food, indicating that the family now receives each card four materials only while the money will enable the family to buy almost eight articles of food. He added: This measure will reflect positively on the productive sector in Iraq, whether agricultural or industrial because it will encourage industrial and agricultural introducing local products to the market and this will boost the national economy. This has been confirmed by government spokesman Ali al-Dabbagh said the Cabinet decided to replace the ration card system a sum of money of 15 thousand dinars per person per month, indicating that the resolution included a binding controls for pricing flour to ensure that no manipulation that begins implementation of the resolution in the (1/3 / 2013). / end / 8. n. p /

https://www.ikhnews.com/news_view_62530.html

Abawi looking with the World Bank representative in Iraq activities that the Bank seeks implementation in Iraq
Date: 07/11/2012 14:32:19 Wednesday	https://www.ikhnews.com/themes/day1/print_page.gif https://www.ikhnews.com/themes/day1/send_f.gif https://www.ikhnews.com/themes/day1/save.gif

Baghdad (news) .. reviewed the World Bank's representative in Iraq Marie-Helene during her meeting Undersecretary for Policy Planning and bilateral relations, however, Abawi, activities and projects that the World Bank is to be implemented in Iraq. The Foreign Ministry statement received Agency (news) copy of it on Wednesday: Helen confirmed its cooperation with Iraqi institutions in the areas of agricultural, industrial and service and investment in the implementation of World Bank projects in Iraq. And crossed: Helen expressed the hope that the bank's activity in Iraq as a model to attract investments in Iraq. / End / b. PVC /

https://www.ikhnews.com/news.php?action=view&id=62600

Published on Wednesday, October 07, 2 / November 2012 10:38. | Written by: BR-SA.

BAGHDAD / obelisk: called for a coalition of state law, Wednesday, MP Ahmad Chalabi to "patience" before criticizing the Commission of Inquiry in the auction the Central Bank of Iraq, pointing out that the judiciary will rule in the auction sale currency irregularities.

Said Ali Alfalh "obelisk", "MP Ahmad Chalabi patience and based on the principle of separation of powers we have to wait for word the judiciary, which will decide the matter."

And added Alfalh that "Multi central bank will take other dimensions Obviously there in vain was the price of the Iraqi currency, as there are banks acted in more than capital doubles number is an indication that there are people behind the strongman of these banks."

The MP for the National Alliance, Ahmed Chalabi criticized, yesterday the sixth of November, the work of the Commission of Inquiry in central bank auction of Iraq, and was described as the Committee to "non-neutral", pointed out that its dealings little public commissions of inquiry through "the regime of Saddam Hussein."

The Integrity Commission confirmed, in the first of this November, it continues to reveal the details of the cause of the Iraqi Central Bank in collaboration with the new administration of the bank, as pointed Speaker Osama Najafi to support those legal proceedings.

The President of Parliament Osama Najafi and the Governor of the Central Bank and Agency Abdul Basit Turki search, on 31 October last mechanism of action of the CBI and prove its independence under the changes that have occurred recently, while stressing the latter continuing investigation ERA hard currency and the Department of money laundering in the Central.

https://translate.googleusercontent.c...-kY2diENYPa7Rw

Foreign Policy Committee headed by al-Maliki searching Iraq's relationship with countries in the region and facilitate the entry of investors

Published on Wednesday, October 07, 2 / November 2012 10:56. | Written by: MG-BR.

BAGHDAD / obelisk: searched, Wednesday, foreign policy committee, headed by Prime Minister Nuri al-Maliki discussed a number of issues related to Iraq's relationship with the countries of the region, in addition to its relations with the United Nations as well as facilitate the granting of visas investors.

He said a Foreign Ministry statement received "obelisk", a copy of "The Committee to draw foreign policies of Prime Minister Nuri al-Maliki and the membership of the foreign ministers, finance and planning, oil and national security adviser and head of the National Intelligence Service and the agency met Wednesday and discussed a number of important issues concerning relations Iraqi-Kuwaiti and Syrian crisis and the relationship with the United Nations. "

The statement added that "the conferees touched to facilitate the granting of visas and measures are for the entry of investors and businessmen and guests of Iraq."

This coincided with the session 39 acts of the Baghdad International Fair, which saw the participation of 1,400 companies from about 120 countries, including the world's leading companies in the areas of auto-making, food and industry as well as technological companies.

It is noteworthy that Iraq opened in its relations with the countries of the world recently, particularly after hosting the Arab summit in Baghdad in March of this year and hosted by the Conference of the 5 + 1 to discuss Iran's nuclear program in May of this year, as well as visits by Prime Minister Nuri al-Maliki for a number of countries task in the economic world, such as Korea, China, Japan, the Czech Republic and Russia.

https://translate.googleusercontent.c...HGfBppb_9LOZWA

Trade Minister: Cabinet's decision to reform the ration card system bold and thoughtful scientifically and practically

Published on Wednesday, October 07, 2 / November 2012 12:55. | Written by: ali-FR-QA.

BAGHDAD / obelisk: trade minister said Khairallah Babiker, Wednesday, that the Cabinet's decision to reform the ration card system was bold and deliberate, pointing out that the government has taken special measures to avoid price increases.

Babiker explained for "obelisk", that "the Council of Ministers when he decided to reform the ration card was according to a scientific study and a daring".

He pointed out that "the government has special measures to avoid the high prices of flour and other materials at the implementation of the resolution."

Referred to the Iraqi government decided on Tuesday to cancel the distribution of the ration card items on citizens from next March, has allocated 15 thousand dinars per person per month distributed instead of the ration card.

And confirmed by the Iraqi government, on Wednesday, that the decision to replace the ration card of the Council of Ministers would "benefit of the people", as it activates the private sector and benefit the national economy, as pointed out that it will be the formation of a ministerial committee to set controls the implementation of resolution including stringent price control .

https://translate.googleusercontent.c...EMjHDY6aEkeRqA

Iraq receives formal approval of Kuwait on a debt settlement agreement

Wednesday, October 07, 2 / November 2012 12:10. | Written by: MG - BR - QA.

BAGHDAD / obelisk: Ministry of Transport announced Iraq, on Wednesday, final approval from Kuwait on the issue of debt settlement Iraqi Airways, noting that it will commence the implementation of measures to be deposited the amounts agreed for the Kuwait to drop all lawsuits filed.

He said the technical agent for the Iraqi Ministry of Transport two ريكاني banks for "obelisk", "The Government of Kuwait informed the Iraqi government official ratification by the Emir of Kuwait, on the issue of debt settlement Iraqi Airways and therefore the agreement entered into force."

The that "the ministry will start the implementation of the measures agreed with the opening of a bank account of the Ministry in Britain to be deposited amounts agreed by the agreement between the two sides return to the Kuwait to drop all lawsuits filed in Britain and the rest of the countries with a pledge Kuwaiti not file a lawsuit similar against the company ".

He ريكاني that "the agreement stipulates that the Iraq deposit $ 500 million to Kuwait are disbursed in two phases, the first is that Iraq is to pay $ 300 million to Kuwait critically, in the second phase by granting Kuwait's share of $ 200 million in the company Air is established between the two countries as "investments.

And witnessing Iraqi-Kuwaiti relations are positive developments as it announced Kuwaiti Ambassador in Iraq to the insured in the April 30, 2012, that his government will open soon consulates in the cities of Erbil and Basra as well as the offices of the embassy in the number of Iraqi provinces, and confirmed that the Kuwaiti side touching seriousness of the Iraqi government in Close the outstanding issues between the two countries since the nineties of the last century.

It is noteworthy that Iraq is subject since 1990 to Chapter VII of the Charter of the United Nations, which imposed after the invasion of the former regime of the State of Kuwait in August of the same year, this item allows the use of force against Iraq as a threat to international security, as well as freezing of large amounts of its assets financial in international banks to pay compensation to those affected by the invasion.

https://translate.googleusercontent.c...dXLWrshBfwi_Cw

Attachment 101

God Bless America, our home sweet home....