" The Dinar Daily ", Saturday, 31 August 2013 - Page 2
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Thread: " The Dinar Daily ", Saturday, 31 August 2013


    
  1. #11
    Expert: the need to promote investment in the free zones to support the Iraqi economy
    31-08-2013 12:08 PM

    Baghdad (news) .. Said economic expert Majid Saleh, the importance of encouraging local and foreign companies to invest in the free zones, to activate trade movement and to support and develop the national economy.

    Saleh said (of the Agency news): The Almnazq Free Economic longer of economic resources large in most countries the world, noting that Iraq has several free zones are distributed in the south, north and western region still is disabled completely, and you need a lot to contribute to the support of the Iraqi economy .

    : He is on the government and the House of Representatives to create a suitable ground for local and international companies to enter the Iraqi environment for the purpose of investment in free economic zones, especially in the border areas to promote trade exchanges with countries in the region and the world.

    In Iraq, there a number of free economic zones, particularly in the southern Basra province and the western region in Anbar province and in the northern province of Nineveh and Diyala province to the east.

    The aim of the free zones to promote commercial exchanges between the neighboring countries and facilitate the passage of goods through non-charging كمركية and taxes on the goods.

    https://translate.googleusercontent.c....hSPM73BS.dpuf



  2. #12
    A member of the Finance Committee: the phenomenon of money laundering led to a decline in the value of the Iraqi dinar

    31-08-2013 10:49 AM

    Baghdad (news) .. Confirmed a member of the Finance Committee MP / Kurdistan Alliance / Najeebeh Najib, said Iraq needed to laws and regulations and the cooperation of the competent authorities to curb money laundering.

    Najib said (of the Agency news): The phenomenon of money laundering offense global rather than local, it will lead to a decline in the exchange rate of the Iraqi dinar against other currencies.

    She added: that the fight against money laundering to Atqa only the responsibility of the central bank and the General Directorate for money laundering, only there is also concerned institutions and civil banks and the Ministry of Commerce and the border crossing points and customs and the Ministries of Defense and Interior.
    She said: double side security in Iraq and the Syrian crisis led to the increased incidence of money laundering by some of the owners of weak souls.
    The phenomenon of money laundering or bleaching funds a picture of economic crimes which aims to add legitimize the processes involved to earn money, acquisition or disposition or management or saved or redeemed or deposited or invested, convert or transfer or manipulation in value.

    https://translate.googleusercontent.c....xmJXNCS5.dpuf

  3. #13
    Finance parliamentary: a more stable exchange rate and the date of the deletion of zeros related to the Central Bank
    31-08-2013 | (Voice of Iraq)

    Twilight News

    Confirmed the parliamentary Finance Committee, on Saturday, that the exchange rate of the dinar against the dollar is more stable than the former, while the promised date of the deletion of zeros from the Iraqi currency "something relates to" the central bank and the federal government.

    A member of the Committee Amin Hadi said in an interview for "Twilight News", "the central bank plan past distribution of hard currency to bank branches in the provinces, and therefore the Commission not reached any complaint in this regard."

    The secretary added that "the exchange rate of the dollar against the Iraqi dinar more stable than the former, which in turn will encourage investment and economic activity."

    He returned the Iraqi dinar exchange rate against the dollar to normal gradually after a series of measures taken by the central bank against the backdrop of an unprecedented rise of the dollar against the Iraqi dinar.

    Since the draft deletion of zeros between Amin that "the implementation of the project authorized to determine the schedule, which is related to the central bank and the government."

    The reference to "project the positives and negatives, but the positives of the project more than the disadvantages," he said.

    The Committee on Economy and Investment has demanded parliamentary, last July, the Central Bank of Iraq need to delete the zeros from the currency, indicating that this ground for this action are available exit of Iraq from Chapter VII.

    It is noteworthy that the Iraqi Central Bank began Consideration of an amendment GROUPS parents who, in 2010, Fimaarymokhtson economists that changing former central bank governor Sinan al-Shabibi and his deputy, the appearance of Mohammed Saleh and a number of bank officials and bring them to justice on charges of mismanagement and corruption impact negatively on the project to change the currency and raise zeros.

    https://translate.googleusercontent.c...#ixzz2dXZYJ0gW

  4. #14
    Najafi coalition condemns the use of force against demonstrators: the government is undemocratic behavior and padded

    31-08-2013 | (Voice of Iraq)

    Twilight News

    He coalition "united" led by House Speaker Osama Najafi, Saturday, that the right to demonstrate "guaranteed" constitutionally to all Iraqis, with the exception of government behavior "strange" and not in line with the "standards" of democracy.

    The morning began mass demonstrations involving thousands of Iraqis in several Iraqi provinces, demanding to cancel the pensions of members of the House of Representatives and the presidencies of Ministers, with news talked about preventing protesters from demonstrating in Tahrir squares of paradise in the center of the capital, Baghdad.

    He said the coalition "united" in a statement received "Twilight News" copy, "The right to demonstrate is guaranteed for all Iraqis and the use of force against them is unacceptable," stressing that "The right to demonstrate is guaranteed constitutionally for all Iraqis in northern and central Iraq and the south."

    And greeted the coalition "our people who يرنون to the salvation of their suffering, which affected much," noting that "ركون Iraqis to demonstrate peacefully for their rights and change the collection and bad reality which they live expresses great awareness and good keen on home and his interest."

    He added, "The extension of peaceful protests to the provinces of Basra, Dhi Qar, and others to support her sisters six Almentvdh enhances say that the suffering and concerns of our people and one aspiration for a dignified life, and one which should support and support in order to see our dear country safe stable prosperous," مردفا that "on this issue task, we find government strange behavior and complies with the standards of democracy, it is among the veiled threat careful to cover the interests of the people and the obstruction by the demonstrations by blocking roads and bridges. "

    He continued, "It is nothing to stop the will of the masses that we should deal with the level of national and moral responsibility."

    It is said that some satellite channels showed live viewing quoted the use of force against protesters in some areas, including Nasiriyah, resulting in some injuries among the protesters also used batons and tear gas against protesters

    https://translate.googleusercontent.c...#ixzz2dXaIXXAg

  5. #15
    Tamimi express its support for the demonstrations and rejects the policy of gagging
    31-08-2013 | (Voice of Iraq)

    Tomorrow Press / BAGHDAD: The governor of Baghdad, Ali al-Tamimi, Saturday, solidarity and standing with the peaceful demonstrations calling for the legitimate rights and refused political "gagged", as called for providing a safe environment for protesters.
    Timimi said in a statement received "tomorrow's Press," that "the peaceful protest of the rights guaranteed by the Constitution, one of the practices of civilization that reflect a positive image of indigenous culture and development," adding that "governments that claim to democracy to respect the right to peaceful demonstration and put all the possibilities that provide an atmosphere safe for them. "
    He emphasized that "prevent demonstrations enters in box gagged a policy is unacceptable because it does not fit in with the democratic climate," and expressed "standing in solidarity with all the peaceful demonstrations demanding legitimate rights."
    He pointed out that "peaceful protest and a civilized way and the practice of democracy can not be prevented or cancellation of social life."
    Is noteworthy that the the security forces I am used by beating with batons on a number of demonstrators, while the photographer were injured in the Iraqi channel and a cadre channel Baghdadiya were injured a simple the impact of those assaults.
    This comes at a time when Prime Minister Nuri al-Maliki, Saturday, support for the demands calling for the abolition of pensions for members of the House of Representatives and special grades and adjust the low salaries of employees, while stressing that he would work to support these demands through the House of Representatives and the media.
    And was the and Ministry of the Interior called on the, in the the 27 of August the current, the organizers of the a demonstration th 31 of the August and citizens to demand the abolition of retirement of the two parliaments and the three presidencies to the delayed due to security conditions, and referred to that terrorism is seeks to invest all Shi from order to increase the the political divisions, while the She explained that the to pretend will not increase sound louder demands or pressure after it reached their voices to the executive bodies.
    And intensified popular demands abolition of pensions for parliamentarians, ministers and special grades, while the militants stepped up on the social networking sites their campaigns to mobilize more votes for this purpose.
    And has already been approved by the Council of Ministers session held, (20 August 2013), to increase the salaries of state employees in the career ladder from the lower to more than double the salary given to them now.
    The cabinet formed last year a committee to amend the law on him salaries of employees at the time of escalated it claims to amend the salaries of associate and equality in the country's ministries all, with varying salaries significantly, while more than the salaries of some institutions ceiling million dinars for the employee does not exceed the salaries of other three hundred thousand JD, as declining the salaries of most retired to the extent that it is not enough for the living family even for a few days.

    https://translate.googleusercontent.c...#ixzz2dXaiKtYy

  6. #16
    Chalabi submit a formal request to Ngeevi after an emergency session to debate the implications of today's demonstrations

    31-08-2013 | (Voice of Iraq)

    Twilight News

    President of the Iraqi National Congress, Ahmad Chalabi, Saturday, submitted a formal request to the Council of Representatives Speaker Osama Najafi to hold an emergency meeting to discuss the implications of the demonstrations cancel pensions for members of the House of Representatives and the provincial councils.

    Chalabi said in comments posted on his personal Facebook and followed the "Twilight News", "We have sent a request to the President of the Iraqi Council of Representatives to convene an emergency session about the events of this day."

    And witnessed the demonstrations, which came out in Baghdad to demand the abolition of pensions for members of the House of Representatives and provincial councils clashes with security forces after the latter resorted to prevent demonstrators from reaching the squares of liberation and paradise in central Baghdad.

    https://translate.googleusercontent.c...#ixzz2dXb7gp1J

  7. #17
    Video ... Dr. Iyad Allawi solution guest of the channel (Free Iraq) on Wednesday evening Friday, 08/30/2013
    31-08-2013 | (Voice of Iraq)

    Disclaimer
    Dr. Iyad Allawi solution guest of the channel (Free Iraq) on Wednesday evening Friday, 30.08.2013 within the program (exclusive interview) Interviewed by the media Saadoun al-Mohsen, and see the full meeting please access the following link:

    Circle Media

    08/31/2013

    https://translate.googleusercontent.c...#ixzz2dXi0ogqk

  8. #18
    BREAKING NEWS Maliki expresses support to demonstrators' demands to abolish pensions of lawmakers, high-ranking government officials.
    31/08/2013 11:29:00

    Baghdad (NINA) – Prime Minister Nuri al-Maliki expressed support to the demonstrators' demands to abolition lawmakers' pensions, as well as of high-ranking government officials.

    A statement issued on Saturday, Aug. 31, by the Prime Minister's Office, quoted Maliki promising to support the demand, whether in the Government r in Parliament, as well as to the public opinion to achieve it.

    It is worth mentioning that security agencies are taking heavy measures around Tahreer Square in central Baghdad, they closed all streets leading to Tahreer Square and preventing citizens from reaching the Square to express their demands to abolition lawmakers' pensions, as well as high-ranking government officials.

    Eyewitnesses told NINA that Jamhuriya, Sinak and Ahrar bridges are been closed with concrete blocks.

    https://www.ninanews.com/english/News...ar95_VQ=GJJKMJ

  9. #19
    Milionday Discussion

    [millionday] called Economists actors economic government in the country need to speed up resolving the issue credit rating of Iraq because of its great importance in attracting foreign investment and give the perceptions of the economic right to the investing companies as well as being one of the most factors in the banking sector reform.

    According to the economic expert d. The appearance of Mohammed Saleh, the classification of Iraq credit now, although he did not specify yet officially, he is at a temperature of B-returned him a good indication of the reason for optimism, noting that it could be rated country credit through bonds sold in global markets because the presence of a credit rating, and that was low , it is better than no rating basically.

    are rated countries in the world credit ladder classification consists of 4 degrees are A, B, C and D as well as variables that represent signal + or - and Petkrarat different.
    ...

    millionday] Salih stressed in a statement to the (morning) the importance that begins Iraq now negotiating for the purpose Ranked credit because this issue is vital and contemporary and is useful for re-engineering the performance of the Iraqi banking sector and developed to accomplish its functions in the service of economic development,

    a kind of evolution industry banking on banks that operate for the purpose of applying this system to keep pace with the development in the rest of the Arab banks and global. was

    The first round of the Conference of Finance and Commerce had been launched in June of last year, it was agreed during which Iraq to encourage investors to come to Iraq and classification of credit to be able to give credit for foreign investors, as well as the importance of that goes on Iraq in this category in order to give guarantees opportunities for investors and reassurance recover their capital.

    [millionday] note -- this is a huge step and shows they are going global in banking and investing etc

    [millionday] smile - Saleh was said earlier that the credit rating is through the public debt and the issuance of treasury transfers or government bonds, particularly in international markets, or those bonds that are sold outside of Iraq except for support and one Qaeidah Iraq in return for private-sector debt under the Paris Club agreement .

    adding when sold bonds then sold at about 60 cents, and prices have increased to up to 90 cents, and this situation has become, as if to Iraq rated automatically among the countries that have rated within the degree of B-.

    pointing to the existence of additional factors must be exploited to achieve the credit rating and raise the degree and the most important exit Iraq from Chapter VII and the entry of a number of foreign companies, in addition to the high financial liquidity available.

    millionday] in the same context, said banking expert at the Ministry of Finance. Hilal Taan that the responsibility for providing the credit rating of Iraq rests with the Central Bank of Iraq,

    pointing out that the credit rating of the current is the result of a reflection of the political situation and economic development of the country.

    Said Taan told that Iraq had in the seventies and eighties of the last century rated credit high but no one to disclose the grade and classification at the time as being contrary to the laws and regulations of the former regime. and called for the need to move the government to raise this level to a degree better because it will contribute to attracting investments and gives confidence for additional investors and foreign companies for the purpose of coming to Iraq and direct the reconstruction of infrastructure to

    Therefore, it is important in the economic advancement of the country at all levels. said academic Economic d.Essam that it is necessary for Iraq

    [millionday] a credit rating sovereign agencies and international credit rating (CRAs) and the application of the policies needed to improve the degree classification to become within the investment grade,

    which contributes to increase the resources of the state to enable Iraq to attract investors and access to global capital markets and access to finance appropriate cost.

    He told that there are clear differences between the credit rating agencies in the credit rating of sovereign debt, as well as the Group Financial is the most influencing factors in the credit rating of sovereign debt, which leads to a change in the degree classification, pointing to the need to identify the differences in including the methodologies credit rating of sovereign debt to be canceled.

    [millionday] note -- in other words they need to calculate and update to set the new credit rating but it needs to be set for attraction of investors to their country

    [millionday] other reasons why>>>>>>>>>>>>>>>>>>>>> called to work to get the credit rating of an international grants and reliability of its projects and be able to get international funding for investment projects that he wants to do in various fields and adopt a policy of return to Iraq Ranked global credit and grants and reliable enough for its projects and including encourages companies global implementation.

    Adding that the concerned party to return Iraq to the global credit rating, you should be with extensive experience in this field, and has the ability to negotiate and persuasion to get the best results.

    [millionday] so they are saying here that it is no big deal for them because they are familiar with this and need to get this set ---

    [wmawhite] millionday millionday .....does this go hand in hand with setting their exchange rate???

    [millionday] the best thing about this is that they were selling bonds at 60 cents and are now selling them at 90 cents -- this is a huge statement as it gives us a glimpse of the fact that the rate is going to be great and their real value is high

    [letsroll] millionday does Selah hold any position in the CBI or GOI now.. thought he was run out with shabibi,, interesting Selah is making public economic statements

    [millionday] wmawhite it is part of this process -- i will have to check that out -- how to state it -- but here is in laymen's terms -- the credit rating can only be set by knowing the rate they will be at ---

    [millionday] letsroll i agree and this is the third one i believe we have all looked at -- very encouraging to me

    [wmawhite] millionday ................I was wondering if this was part of the process...........also,......a higher international credit rate equates to a higher exchange rate.

    [millionday] he is the one that let things out that others would not talk about -- we noticed it was normally late night -- wmawhite exactly -- love it

    [keepbelieving77] wma the way i see it ,it is just like people who wait till they have to buy a house or a car to fix their credit rating,why are they rushing now if they are not going international

    [millionday] keepbelieving77 they would not be even talking about this if they were not going global

    keepbelieving77] exactly

    [faith1] OVERFLOW OVERFLOW OHHH Lordy !!!!!! 60cents USD now 90cents USD?? USD??? Is that a stupid Q,,, are all Bonds sold in USD??? and they can't be rated till they go international trading,,,,right??

    [wmawhite] keepbelieving77 ......exactly,.........they are preparing to pop all of this at the same time.

    [millionday] this is very interesting >>>>>>>>>>>>>>> Adding that the concerned party to return Iraq to the global credit rating, you should be with extensive experience in this field, and has the ability to negotiate and persuasion to get the best results.

    [keepbelieving77] i love this which contributes to increase the resources of the state to enable Iraq to attract investors and access to global capital markets

    [millionday] can i just bring up the big elephant in the room?

    [keepbelieving77] it is your floor

    [rollonjohn] Sure!

    [mdglow] oh tay

    [millionday] it is very very interesting that nothing can be pulled up on the internet in many many sites --

    [wmawhite] millionday .....negotiate with whom??????????????IMF

    [monique13] do it....do it!!! lol

    [keepbelieving77] as in?

    [millionday] anything past a certain time of update can not be pulled up

    [keepbelieving77] hmmmmmmm

    [Msbossydiva] strange isnt it

    [millionday] we are not just talking me -- we are talking people in ohio -- florida -- washington -- virginia

    [millionday] very strange

    [wmawhite] millionday .....the IMF/World Bank are the only ones concerned with countries paying their bills.

    [keepbelieving77] seems like a broken sundial in Iraq

    [millionday] and also with the news it is very very strange

    [Msbossydiva] something is up

    [millionday] wmawhite i would say yes

    [keepbelieving77] could be with the whole syria thing

    [simbaspen*] Strange million?

    [keepbelieving77] the internet influenced greatly in the uprising in egypt

    [wmawhite] millionday .......iraq negotiates.....receives their credit rating and then moves the Article 8.

    [rvtime] What do you mean..nothing can be pulled up?

    [jimplants] wmawhite BINGO

    [wmawhite] jimplants ................lol

    [millionday] it is very strange and if you get anything to come up it is only sites that have not updated since hours and hours ago wmawhite exactly -- try it -- it is very strange

    [hstrymknwmn] millionday are you talking investment sites/banking exactly?

    [keepbelieving77] media freeze interesting

    [millionday] try to bring up the web sites you like to read about iraq or international news ect

    [hstrymknwmn] oh ok ty

    [rvtime] Which sites..confused here..Iraq sites

    [millionday] notice -- this page can not be pulled up

    [dlherm] what page?

    [millionday] any -- try yahoo main page -- umm-- i dont know just try some sites for me -- news sites

    [keepbelieving77] k minions too work

    [millionday] there are so many

    [simbaspen*] Oh yea million my msn wont come up

    [rvtime] Yahoo works

    [millionday] keepbelieving77 did you say you are going to work?

    [hstrymknwmn] https://www.iraqinews.com ··· dVFVobCk this one did

    [dlherm] i have yahoo main page up!??

    [millionday] try something else then -- there are many -- many

    [Msbossydiva] anything i pull up dates back to August 28th

    [wmawhite] yahoo.com works plenty about syria

    [millionday] trust me there is a huge amount of people that have called me

    [Msbossydiva] other than that its all about Syria

    [millionday] have charged my phone twice

    [dlherm] bloomberg site comes up

    [simbaspen*] Goigle doesnt work for me either goohlr

    [millionday] the last two days are not on the news so last updates are from early this morning and not after

    [dlherm] google comes up

    [millionday] brb with more -- try to bring what i can find but my normal links and what was sent cant be pulled up

    [lorijeanmarshall] To the Ministry of Commerce / Companies Registration Department (cancel Ejazti my company migrants and Peacock to mediate the sale and purchase of foreign currencies) 08/29/2013

    [millionday] let me try my state sites --- federal state sites for news -- brb

    [dlherm] try rebooting your computer

    [lorijeanmarshall] To the Ministry of Commerce / Companies Registration Department (cancel Ejazti my company migrants and Peacock to mediate the sale and purchase of foreign currencies) 08/29/2013

    [lorijeanmarshall] Posted today on Arabic side of CBI

    [millionday] lorijeanmarshall what hun?

    [lorijeanmarshall] millionday The snippet I just posted

    [millionday] what is it from ?

    [lorijeanmarshall] Curious.... of course the document is all in Arabic

    [millionday] can you bring the rest of it sweety and

    [lorijeanmarshall] From the Arabic side of CBI millionday Can't translate

    [millionday] it is good to see ya -- we have been missing each other on here

    [lorijeanmarshall] Scanned document

    [millionday] how did you get that part ? ok let me have the link and see if i can do anything with it -- if you can hun ok the rest of my news is not in -- i will see you all tomorrow night at 730 est sorry -- cant pull anything up have a good night

    Last edited by Rudie; 08-30-2013 at 09:01 PM. She came back!! smile

    [millionday] Iraqi financial expert stated that the value of Iraq’s Federal Reserve currently amounts to about $80 billion, following the recent increase in the country’s oil exports. Nevertheless, no information was made available by the Central Bank of Iraq (CBI) to this effect

    [millionday] Speaking to media, financial expert Hussein al-Asadi remarked, “According to my information, the value of Iraq’s federal reserve currently amounts to about $80 billion.

    This includes funds, precious metals and other items.” Regarding the financial issues concerned with Federal Reserve, CBI or Central Bank or Iraq’s governor Abdul Basit Turki has chosen to stay mum.

    The bank has issued only a statement for indicating the developments that it has been carried out of late. The last comment made by the CBI regarding the country’s federal reserve dates back to Jan. 31, 2012, when the bank denied the ‘decline of gold reserves’. CBI further stated, “They have been stable throughout the past months and amount to 29,730 tons.”

    [millionday] Asadi added, “The US dollar is the main currency in the Iraqi reserves. There are also some reserves in other currencies, in addition to gold.

    Due to the troubled military and political conditions of the country, Iraq’s reserves cannot be invested to a large extent, as is the case in China or the United Arab Emirates, for instance.”

    He further stated, “Iraq is distributing its reserves to a number of banks just to protect [these funds, although it does generate some interest on the deposits.” Economic expert also remarked the crisis between the government and CBI by remarking,

    [millionday] Article 26 of the CBI law explicitly states that it is inadmissible to lend to the government.” On how the reserves are formed, Asadi said, “Iraq’s annual budget is in Iraqi dinars, which the CBI owns. The state’s revenues are from oil exports, and they are mostly in US dollars.

    The government buys dinars from the bank, which results in profits for the bank. The total CBI profits from selling dinars to the state constitute the country’s Federal Reserve, whose growth is associated with state spending. State spending increases in proportion with its oil exports.”

    Member of parliamentary economic committee, Mr. Abdul Hussein Abtan, the Iraqi MP, stated, “The total value of funds and precious metals that make up Iraq’s Federal Reserve amounts to about $76 billion.” He added, “This reserve was only invested in projects to support the stability of the Iraqi dinar's exchange rate.”

    [millionday] On the other hand, Ahmed Hassan Faizullah, a member of the parliamentary finance committee, denied the fact that “the government is able to use Iraq’s Federal Reserve, despite its need for funds on more than one occasion.” [millionday] the end >>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>.

  10. #20
    Othman criticizes Maliki’s late support for demonstrators’ demands
    Saturday, 31 August 2013 23:06

    Baghdad (AIN) -MP, Mahmoud Othman, criticized the announcement of the Primer, Nouri al-Maliki, over supporting the demonstrators’ demands of canceling MPs and three Presidencies’ demands.

    Othman stated to AIN “Maliki announced supporting such demands after the demonstrations,” asking “Why he did not drafted a law in this regard during the last eight years while he is assuming the PM.”

    “There should be a law to set limit for the officials’ salaries and decrease the differences among the employees,” he concluded.

    https://www.alliraqnews.com/en/index....tical&Itemid=2

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