Parliament seeks to legislation to protect bank deposits and the central bank is required to support private banks
o Baghdad / Acer Jabbar
Confirmed the parliamentary Finance Committee, seeking to pass legislation that protects bank deposits to reassure depositors and stimulate the private banks, and when he called on bankers to set up a company involved in this matter to open the door to their banks to enter the domestic market more aggressively, welcomed the financial expert so, and stressed the need to make way for the sector Special to exercise "leadership role" in the national economy.
said a member of the parliamentary finance committee, Magda al-Tamimi, in an interview to the (long-Presse), said that there is "a series of measures adopted by the Commission to improve the economic reality through the stability of the Iraqi currency against other currencies," and suggests that "the central bank tries to maintain the stability of the banks, especially the civil, through regulations and instructions issued by every now and then."
adds Al-Tamimi, "The Finance Committee has not only the stability of the banks, but also seeks to develop the civil ones and ensure their participation in building the Iraqi economy by about real increase their capital, by deposits, which often come from the ministries of the state and its various institutions, as well as deposits of citizens ", showing that" the owners of these deposits were probably wary of resorting to banks in general and the civil ones in particular, to the Committee felt the need to enact a law guarantees those deposits and protected. "
explains a member of the parliamentary Finance Committee, that "the central bank would be obligated to protect bank deposits through the law that Sicherah Parliament later, allows the citizen or the investor or the government itself, that the money is deposited in private banks without fear or suspicion,"
and change course "no deny that many people, including government agencies, they look even now some kind of suspicion of domestic banks, especially that there is a bitter experiences with them, as happened previously with the bank Basra and Warka after it announced Avlasshma, from here there must be a law secures bank deposits. "
and welcomed the owners of banks civil endeavor of Parliament to enact a law that protects bank deposits, and called for the establishment of a company specializing in this regard to opening the door to private banks to enter the Iraqi market strongly.
says the managing director of United Bank for Investment, Muhannad Al Qasim, in an interview to the (long-Presse), it was "necessary to have a system modern and sophisticated to guarantee bank deposits if this is through the development of a private company contribution of big capital, "and shows that" the establishment of a company to guarantee bank deposits were the main demands of the majority of private banks to raise their betterment and reassure depositors. "is the denominator, that" setting up a company bank guarantees to contribute , based on the claim of many private banks to secure bank loans, contributed to the expansion of lending activity for the various segments of the society to strengthen the national economy, "he continues to" set up a company to protect bank deposits step added in the right direction for the development of the reality of private banks and encourage the various parties to deposit it. "
to it supported the Financial experts proposal set up a company to protect bank deposits, Adin, that gives private banks momentum plus refreshes the Iraqi economy.
says financial expert, Bassem Jamil Anton, in an interview to the (long-Presse), "The government is protecting the Iraqi economy by about solo , without giving the private sector a chance to contribute in this regard, "and asserts that" the advancement of the national economy requires the activation of the private sector and enable it to his leadership. "and sees Anton, that" legislation of any new law, whether to protect the deposits or other, should be directed to the private sector , and at the same time be a factor to secure support in order to ensure that no cons in this area. "
Experts: Iraq's center of balance and stability of the world's oil
1/12/2014 0:00
At a seminar of the Institute of the Iraqi economic reform
BAGHDAD - Hussein al-Tamimi Tgb Tdras number of oil experts and specialists reality of the oil industry in the country, and its relationship to the global supply and demand, by passing through the production, extraction and transportation of this wealth, as well as the quantities exported and compliance with transparency reports, which followed it. This came at a seminar held by the Iraqi Institute for Economic Reform and Gather on which the projections indicate that Iraq occupies an important position in the balance and stability of the world oil market.
Plans and investments
Director General of the Iraqi Oil Marketing Company (SOMO), Falah al-Amiri said on the sidelines of the seminar: that Iraq occupies an important position in the balance and stability of the global oil market, where is now the third-largest exporter of crude oil globally and has plans and investments Matahlh to increase its production to several-fold from current production, pointing to match the amount of oil exported to the reports of Transparency specialized in this regard.
Growth rates
He added that the importance of the production capacity of the Iraqi oil depended on the stability and improvement in growth rates in the global demand for crude oil, which depends on the stability and growth in the global economy, taking into consideration the continued growth in demand for crude oil in emerging economies, especially in the market of Asia (China and India) and width With the rapid increases in the production of oils from the rocky North American countries.
Oil shale
He pointed out that these factors combined give important indicators for the study and analysis of supply and demand, and highlight trends in the medium term, pointing out that the production of oil shale in North America is the largest in terms of growth and the increase from countries outside OPEC, where production reached America currently of oil shale about 2 million barrels / day, indicating that the estimates of the size of shale oil production in the world is well-defined and may be determinants of environmental negative impact on the progress of the production of oil shale in the future.
Increase production
He pointed out that the production of oil shale in the United States will increase to up to (4.3) million barrels / day by 2017 to reach the peak year 2020 to decline gradually to reach 2.2 million barrels / day by 2035, and still the possibility of increasing the production of oil rock from other countries and regions in the world is not reliable, but can record the percentage increase up to 4 percent of the world's oil processing in 2035, indicating that the fields of shale oil production to be economically viable when oil prices up to $ 50 / barrel.
The presence of companies
The oil expert Hamza jeweler said that the aim of the licensing contracts not only puberty production levels high but also benefit from the presence of the companies for the benefit of local communities and the upgrading of living without affecting the lifestyles through concern for the environment, where they were bringing in from the side that there are Iraqis newborn experience in this matter against the giant companies and has tremendous potential negotiating Therefore, the implementation of the items on the subject of the environment and human faces resistance by global companies. In the field of licensing contracts and rights and the environment written in accordance with the highest international standards, which included an entire chapter on the environment and therefore Rights and in another chapter of which focused attention on the rights and his community in the areas of development, but the contracts did not require companies to form a special department is interested communities.
Natural Resources
He pointed to the presence of key texts in the contracts to the contractor and operator commitment and Alemraat full of health and safety and protecting the environment and conserving natural resources, and in the case of environmental damage, should reduce the damage to a minimum and its implications regarding the people and property, and must avoid damaging the livelihoods or quality of life in surrounding communities or corrupted, for example, the pastoral community must remain pastoral, but did not talk contracts explicitly upgrade the means of production of the communities, and thus promoted communities.
Interest communities
He said the jeweler that the contracts recommended the necessity of instilling the concepts of health and safety and the environment among all individuals working within the petroleum operations, which must be developed detailed guidelines for the protection of the environment and control community as a prerequisite for Oil Operations, noting that the interest of local communities is conditional not to obstruct the work of the companies as a prerequisite for the work of community organizations and departments dealing with local companies so work must be organized.
He said the companies needed to raise the standard of living of local communities without compromising the patterns of living, the agricultural community must remain Vlahia, pastoral and must remain pastoral. But can upgrade their means of production and therefore their methods Maachehem, pointing out that he may be gradually pushing the sons of individual communities in the oil industry after rehabilitation.
Maliki Calls For Iraqi Unity
Anti-terror operations in Anbar province on January 9.
January 12, 2014
Iraqi Prime Minister Nuri al-Maliki has called for national unity among Iraqis in the battle against Al-Qaeda.
Speaking at a political rally in Baghdad on January 11, Maliki denied any sectarian motivation behind the military action in Sunni-dominated Anbar Province where Al-Qaeda-linked militants gained control of parts of the cities of Ramadi and Fallujah last week.
Iraqi forces and allied tribal fighters have now retaken control over most of both cities.
Radio Free Iraq correspondents reported calm in Fallujah on January 11.
A local health official in Anbar said on January 11 that fighting in Anbar has killed at least 60 people over the past two weeks.
He said that 43 people were killed in Ramadi and the other 17 were killed in Fallujah since violence erupted in the western province after the December 28 arrest of a Sunni lawmaker sought on terrorism charges and the dismantling of an anti-government Sunni protest camp in Ramadi.
OIL: Patches exploratory in Anbar distinct and needed a safe environment for investment
Ammar al-Ani, the editor - Sunday January 12, 2014
Alsumaria News / Baghdad
Oil Ministry confirmed, Sunday, that the patches exploratory in Anbar distinct and needed a safe environment for investment, considering that the investment would convey the province and other provinces of the reality of a very large.
He said ministry spokesman Assem Jihad said in an interview for "Alsumaria News", "The ministry has ambitious plans to promote the reality of oil, and gas in the country, including the development of patches exploratory particularly invasive in Anbar province," noting that "a lot of projects in Anbar are disabled because of the terrorist attacks and military operations that occur there. "
Jihad said that "the investment environment needed a safe environment available in which the elements of the work of the international companies that are considered first for her," he said, adding that "a safe environment in these areas will speed up the plans and achievements of the ministry, whether oil or gas and will attract global companies to invest in cutting exploratory and then developed. "
The Jihad said that "Investment those areas will transfer the province and other provinces of the reality of a very large".
And announced that the Iraqi Oil Ministry, in the June 15, 2012, there are 10 to 12 gas exploration blocks will be announced within the fifth round of licenses, noting that the patches will extend from northern Iraq to the west southwest.
As announced, in March, for the fourth round of licenses to develop 12 locations exploratory including seven sites of gas and five oil sites spread over 6,500 kilometers spread over ten provinces of Nineveh, Anbar, Najaf, Diwaniyah, Babil, Muthanna, Diyala, Wasit, Basra, Dhi Qar .
Iraq offered its oil fields during the first licensing round and the second for development by international companies to reach a production of at least 6 million barrels per day within the year 2017 and Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the sea average, and by truck by truck to Jordan.
KDP: Barzani is considering a national initiative urgent .. And give back to the people of Anbar in time is beautiful
01/12/2014
Erbil / term
Said Secretary of the Political Bureau of the Kurdistan Democratic Party Fadhil Mirani, the president of the Kurdistan region works to launch a political initiative comprehensive to contain the repercussions of the crisis Anbar province, noting that the Kurds might be "more acceptable" to mediate between the opposing parties now because they are not a party to the crisis, and could be a party in the solution.
He said Mirani in a statement to the "long" yesterday that "President Barzani preoccupied with what is happening in Anbar after the events that took place in which seeks to launch the initiative, especially since the Kurds are now more acceptable among circles rival because we are not a party to the crisis, and could be a party acceptable to solve and not everybody is different and on our mediation. "
He said the most he has done the Kurdistan region since the beginning of the crisis in Anbar is the human side through sheltering displaced people of the province in the Kurdistan region and said that "it is not ment to one, but we give back, in time, is beautiful," referring to embrace Anbar thousands of Kurds who were displaced by the former regime in the seventies of the last century.
Mirani and revealed that "Barzani made contact with many of the elders and tribal leaders in Anbar before the outbreak of the recent events in Anbar, on the one hand, and made contact with Prime Minister Nuri al-Maliki on the other hand by representatives of the Kurds in Baghdad in order to calm".
He stressed the secretary of the political bureau of the Kurdistan Democratic Party on the need to adopt dialogue between the components of Anbar and between the federal government as the right way to resolve the crisis and work to prevent and curb the differences to arrive in stages to threaten peace and social cohesion. "
He Mirani to the need to "be realistic and realism compels us to say that the representatives of the popular movement in Anbar and political components of deputies and ministers either Iraqi or united, and then the heads of the tribes and the provincial council, they are representatives of the Anbar province in negotiating with the federal government, and we are ready for dialogue Whether in Baghdad or Anbar allowed if the security situation or Erbil. "
The Mirani said in a statement to "Al Jazeera Net," The entry of government forces to the cities was a mistake from the beginning, army went to the desert of Anbar, to face what is described as 'terrorism' and secure the border, but instead of continuing that trend for the city of Ramadi, and broke into a peaceful sit harmless, While the government should be dealing with this protest is a political, legal and negotiate with the protesters do not face them by force.
He stressed that the origin of the tension present in Iraq is a political problem, rather than security, and that the myopia of political and intellectual for some leaders and they are subject to visions of racist and sectarian, and rely on policies incision grade and buy loyalties and the politicization of the military and sticky in the sectarian conflict, mismanagement and the failure of successive governments since 2003 in the establishment of the State of Citizenship does not state components, and all else that brought Iraq to the current crisis situation.
The U.S. Vice President Joe Biden said the president of Iraq's Kurdistan region, Massoud Barzani, "the need for close coordination among all Iraqi leaders to isolate the terrorist networks."
He said Biden's office said in a statement yesterday, said that "the American Vice President telephoned Bbarzana and viewpoints were identical on the importance of solidarity efforts by local tribal leaders and Iraqi security forces to fight the Islamic State in Iraq and the Levant."
The statement said the vice president stressed U.S. support for the continuation of the strong and lasting for a federal and united Iraq as defined under the Iraqi constitution.
Continue negotiations to end tensions in Anbar
The Security Council supports the al-Maliki in the management of the Iraqi crisis
Sunday 12 January 2014
Security Council issued a statement to the United Nations supported the Nouri al-Maliki in the management of the Iraqi crisis, especially in the war on insurgents in Anbar. The statement used the same terminology Maliki, where we read that "the Security Council condemning the attacks committed by the group affiliated with al-Qaida and is an Islamic state in Iraq, Syria, against the people of Iraq in an attempt to destabilize the country and the region." And record the statement and the role of the military forces of Iraqi security, "the two elements being targeted and killed in attacks carried out by terrorists."
The Council urged the tribes and clans to continue to expand, taking into account "the establishment of dialogue and national unity."
He said the representative of Iraq to the United Nations, Mohammed Ali Hakim, said that "the full support of all members of the Council to the efforts of the Iraqi government and its army and local police and members of the Iraqi tribes in Anbar and Fallujah, who persevered and defied and stood shoulder to shoulder to defeat al-Qaeda and Flolha and save the cities of Anbar and Fallujah, is appreciated and respect by the Iraqi government. "
This Iraqi negotiators continued their efforts to reach an agreement ending the conflict in Anbar, in order to avoid the attack on Fallujah declared, deferred since the announcement of the truce. The remaining part of Fallujah and Ramadi in the grip of Sunni tribal heartland, which he accuses al-Maliki of the base. The U.S. official advised the Iraqi government to take patience "in the management of the crisis" in Anbar.
Legal representative: You can not prevent a deputy from traveling unless waived immunity by Parliament
12-01-2014 08:24 AM
Baghdad (news) .. Confirmed the parliamentary legal committee he can not the Supreme Judicial Council to issue a resolution to prevent some lawmakers from traveling unless waived immunity by Parliament, and the likely presence of government pressure exercised the right in order to eliminate that issue.
Committee Chairman Khaled Huani (of the Agency news): The orders prevent some lawmakers from traveling is the prerogative of the investigating judges and the criminal court only, and the right attorney then appealed this decision to the Court of Cassation, and not the powers of the Judicial Council, the issuance of such a decisions, noting that Most of judicial orders issued against some MPs are misdemeanor cases may not be because of a legal lift the immunity of a parliamentarian.
He pointed to Huani: 'We are in the Legal Committee do not doubt the existence of government pressure exerted on the judiciary in order to pay off a decision prevents the House of Representatives of the travel and the goal is clear it is a political targeting of some deputies'.
The Supreme Judicial Council announced, on Wednesday, it teaches the subject to prevent members of the House of Representatives of travel, pointing out that he commissioned a group of judges in this regard. If the contrary, if approved, with parliamentary immunity provided for in Article (63).
Under the Iraqi constitution, in article (63 / II / b) as follows: 'may not be arrested on the member during the term of the legislative term unless he is accused of a felony, and with the approval of the members by an absolute majority to lift his immunity or if caught red-handed in a felony.
Musawi denies support for al-Maliki initiative Hakim on Anbar
Ammar al-Ani, the editor - Sunday January 12, 2014
Alsumaria News / Baghdad
He denied media adviser to Prime Minister Ali al-Moussawi, Sunday, to support Prime Minister Nuri al-Maliki's initiative leader Ammar al-Hakim of the Supreme Council on Anbar.
Moussawi said in an interview for "Alsumaria News", that "what appeared in a number of media support for Prime Minister Nuri al-Maliki to the initiative of the Supreme Council leader Ammar al-Hakim on Anbar, untrue."
A number of media have picked up, on Saturday (January 11, 2014), Prime Minister Nuri al-Maliki agreed to the initiative launched by the head of the Islamic Supreme Council of Iraq Ammar al-Hakim about the crisis Anbar after the reunion was last Thursday.
He was president of the Islamic Supreme Council Ammar al-Hakim, in (January 8, 2014), an initiative called "Onbarna steadfast" include the passage of the reconstruction of special Anbar province, worth four billion dollars in four years, noting that the initiative also includes the creation of Self-Defense Forces of Anbar tribes mission securing the international border and the strategic roads in the province.
He praised the coalition are united, in (January 10, 2014), this initiative, describing it as a message of "one of the men of Iraq, the wise men," while the MP from the coalition, Haider Mulla, that the crisis of Anbar province, a political before being security, calling on the Prime Minister to activate vocabulary Hakim initiative to solve
Turkish looking with Australian Ambassador possibility of providing immunity to Iraqi funds in the Reserve Bank of Australia
12-01-2014 11:23 AM
Baghdad (news) .. Governor of the Central Bank and the Agency Abdel Basset Turki with the Australian Ambassador to Iraq, the possibility of providing immunity to Iraqi funds in the Reserve Bank of Australia.
According to a statement of the bank received the Agency (news) copy of it: that among the topics discussed Ballqa provide immunity for central bank money of the Iraqi central bank's Australian, as well as to encourage banks Australian discreet to open branches in Iraq to carry out banking activities different.
Committee for the preparation of the proposed law the Federation Council will hold a meeting chaired by Najafi
01/12/2014
[Baghdad - where]
Hold House Speaker Osama Najafi said Sunday a meeting of the parliamentary committee for the preparation of the final version of the proposed law on the Federation Council.
According to a parliamentary source told all of Iraq [where] that "the meeting was held under the chairmanship of Najafi, a second committee to discuss the drafting of the proposed law on the Federation Council to speed up the law in preparation for adoption."
"The agenda of the meeting includes determining the number of members of the Federation Council and a mechanism elected members of the Council of the Union."
The committee includes members both from the House of Representatives Khalid al-Attiyah, and Salman al-Jumaili and Fuad Masum, and Bahaa al-Araji, and Iyad al-Samarrai and Salim al and gentle Mustafa Amin and Najib Abdullah and Kanna and Adnan Abdel Moneim al-Janabi, Khalid Huani and Mohammed Kayani and Abbas al-Bayati and good Yasiri and Nada Abdullah and flowers Shaykhli. "
It is said that the Council of the Iraqi Federation includes representatives of the regions and governorates that are not organized in a region and regulates the composition, membership conditions, and terms of reference, and related to the law enacted by a majority of two-thirds of the members of the House of Representatives, and is a House of Representatives and the Federation Council federal legislative authority in accordance with Article [48] door The third chapter I of the Constitution, which states [legislative power shall consist of the Federal House of Representatives and the Federation Council], but until now did not constitute the federal legislative authority, only the House of Representatives as the supreme legislative authority in Iraq, but that the Federation Council has not been formed or even legislation its law before the session first to the House of Representatives as provided for in Article [65] of the Constitution.
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