" The Dinar Daily ", Thursday, 6 March 2014 - Page 6
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  1. #51
    Iraqi government agrees to release the salaries of the staff of the Kurdistan Regional Government for the month of February only

    MARCH 6, 2014

    BAGHDAD - Eastern March 6: The Iraqi government agreed to release the salaries of the staff of the Kurdistan Regional Government for one month, in a statement released by Wednesday evening, said Iraqi Minister of Finance Agency purity of net debt to Prime Minister Nuri al-Maliki agreed to release the salaries of the staff of the Kurdistan Regional Government for the month of February only, In the meantime, according to political sources in Baghdad said the government's decision last aims to provide an opportunity for all parties in the government, parliament and the Kurdistan region to launch new negotiations for resolving the crisis, the current year's budget in 2014.

    https://www.alsharqiya.com/?p=111521



  2. #52
    Shawis meets head of US President's advisors in Washington

    Thursday, 06 March 2014 16:55

    Baghdad (AIN) –The Deputy Premier, Ruz Nouri Shawis, discussed with the head of the US President's advisors, the mutual relations.

    A statement by Shawis's office received by AIN cited "Shawis met with the head of the US President's advisors in Washington where they discussed the mutual relations and the means of developing them."

    "The US official referred to the role of the US advisors to advise the officials of the White House," the statement added.

    "Shawis referred to the latest political and economic updates in Iraq in addition to the aim of Iraq to develop its economy through various strategies and programs," the statement concluded.

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

    *** Shawis still in the U.S., have to wonder what that is all about with Maliki and Nujaify having already visited and Barzani's visit postponed ? I would love to be a "fly on the wall " to those discussions. ***

  3. #53
    RED LILY
    Guest

    Lightbulb

    **** FLASHBACK**** RECAP FROM A YEAR AGO. HOW MUCH PROGRESS HAS BEEN MADE??


    * APR 27 2013


    Iraq keeping banknotes unchanged throughout 2013




    By Ali Sahttab


    Azzaman, April 27, 2013


    •Iraq’s Central Bank will not remove three zeros from its currency, the dinar,
    a move it had said it wanted to implement in 2013.


    The bank had drawn up plans to start replacing current banknotes with new ones, deleting three zeros and reducing the volume of dinars in circulation with each four billion dinars substituted by one billion dinars.


    • “The Central Bank has announced that it has no intention to restructure the currency by removing three zeros from its value this year,”


    WHO IS SPEAKING: >Abdulhusain al-Yaseri, a deputy sits on the parliament’s Finance Commission.


    • Currently one U.S. dollar is worth more than 1250 dinars €.


    and Yaseri said Iraqis needed to carry large sums of currency even for household shopping as payment by credit card is rare in Iraq.


    Issuing new denominations with deleted zeros will simplify payment and accelerate trade exchanges, he said.


    However, ••• Yaseri did not say when the Central Bank will start issuing new currency. €


    He said the massive sum of banknotes in circulation raised the possibility of faked banknotes and has been cited as one reason for the latest slump in the dinar’s value from around 1120 to more than 1250 vis-à-vis the U.S. dollar.


    ••• However, he said the bank had in place a plan to remove three zeros from the dinar, and issue a 100 dinar note that will be equivalent to $100. €


    ~RED: THIS SOUNDS LIKE A 1 dollar for 1 dinar. Definitely an increase.


    He said it was in Iraq’s interest to print new currency with lower denomination, the thing that “will make easier to detect forgeries.”


    Exchanging currency by increasing its value or printing new notes are costly to the economy, though the Central Bank has not said how much the whole operation will cost if carried out.


    AND AS ALWAYS:


    There are also fears of corruption as the banks starting exchanging their Iraqi dinar reserves.


    https://www.azzaman.com/english/?p=728




    * Varied opinions and different views: Politicians: the project to delete the zeros «important; Economists: unimportant




    Posted: April 28, 2013


    04/27/2013 09:04


    Iraqi observer – special


    The project to delete the zeros before long and is applicable of the important projects that work to reduce the volume of currency large circulating in Iraq and that اتخلو of risk in the event did not take a deliberate plan by the central bank


    ~ RED LILY ~ SO FAR WE SEE A CONTRADICTION IN ARTICLES PERHAPS?? This one states BEFORE LONG, while the other clearly stated: • “The Central Bank has announced that it has no intention to restructure the currency by removing three zeros from its value this year,” CONFUSED YET?


    SO WHO IS TALKING IN THIS ARTICLE?: Economic Commission Abdulabas Xiaa. WHO IS THIS?: A member of the Committee on the economy and investment MP / National Alliance / . I CANNOT FIND MUCH OF A BACKGROUND ON THIS INDIVIDUAL AT THE MOMENT.


    to Ihlolh without impact on the consequences of money laundering and fraud, has stressed member Economic Commission Abdulabas Xiaa the importance of the formation of committees control of all state institutions to pursue the process of destroying the old currency in the implementation of the project to delete the three zeroes from the national currency,


    because the project to delete the three zeroes is one of the important projects and sensitive because it is linked to public money, process of implementation should be monitored and accurate to prevent fraud and manipulation and money laundering.


    And practical measures to destroy the old currency must be under the control of the House of Representatives and government institutions in the country and with the participation of the media through the formation of committees to control, to prevent tampering and theft by some quarters, and continued:


    that ••• the central bank gave a deadline of two years for the process of replacing the old currency currency of a new, has identified the Economic Commission earlier date for the implementation of the project to delete the three zeroes from the currency early this year (2014),€


    ~ RED LILY ~ AND MAY I ADD OR REMIND THEM, IT HAS BEEN TWO DEGGUM YEARS ALREADY!!


    asserting that the Central Bank to develop procedures limit fraud and manipulation that may accompany the process of replacing the currency, and this project ايعد to delete the three zeroes from the Iraqi currency only


    ~ RED LILY ~ AWWWW SO PERHAPS HEREIN LIES THE PROBLEM, "the Central Bank to develop procedures"....??? Ummmm....WHAT THE HECK HAVE THEY BEEN DOING BESIDES REMOVING THE MAN THAT WAS ACTUALLY MAIKING PROGRESS IN DOING SO?? (SHABIBI for those who may have let it slip their minds.)


    but re-structuring currency in terms of reduction of banknotes, and will be the highest category of paper (200) dinars, which is shorthand for the $ (200) thousand dinars, equivalent to (170) dollars. and the central bank will begin its procedures proactive implementation of the project during the current year


    ••• Ktba currency and contracting with companies to be after the process of replacing the currency in the beginning of >NEXT YEAR< the central bank put strict measures to prevent fraud that may accompany the replacement process, €€€


    ~ RED LILY ~ YOU CANNOT SAY YOU DONT LOVE IT...?? An article full of contradiction. So we began with THIS YEAR... read on through, and we see THIS!?!? "process of replacing the currency in the beginning of >NEXT YEAR<".

    I WILL NOT PULL MY HAIR, I WILL NOT PULL MY HAIR!!! I will NOT!!!




    and the country needs a draft restructuring currency after deleting three zeros from being coming to an expected increase in revenue of Finance in the coming years, it Sechtzel figures and banknotes.


    ~ RED LILY ~ A little side note, remember stating the WB and IMF place the exchange rate of a country's currency on the country's currency as it reflects the GDP of the country? Rings ding ding here folks.


    It showed the Economic Commission that the project will include Coins & Stamps, and consists of categories (half JD, JD, JD 5, 10 dinars, 25 dinars, 50 dinars, 100 dinars, 200 dinars),


    so that the employee if his salary million Vestelm thousand dinars, five categories of paper of class (200) dinars, stressing that this process will facilitate a lot of things fiscal and monetary.


    ••• Observers believe economists that the draft of the new currency would not change a thing of the purchasing power of the Iraqi dinar and its effects are limited to organizational matters and reduce the size of the Currency massive rolling in Iraq., JUST CUTS DOWN ON THE AMOUNT OF "PAPER ONE CARRIES IN THEIR POCKET!?!?!" Just interpreting what I think its saying is all folks. ~ RED LILY ~


    As well as stop the cycle of the Iraqi economy, which is one of the most important challenges facing policy makers in developing countries in general and Iraq in particular,


    which means THIS MEANS: the use of the U.S. dollar or any foreign currency has a THE capacity TO REPLACE the national currency in transactions and contracts internal financial and counted a store of value at the same time. €€€


    either positive ••• second will be through reducing inflation rates Balamd average, ••••• which include raising the external value of the Iraqi dinar (ie, the nominal exchange rate) in a manner commensurate with the real exchange rate to contain inflationary expectations, ••••


    WHAT DOES "NOMINAL EXCHANGE" RATE MEAN? WELL I LOOKED IT UP AND I LIKE WHAT I FOUND..... I THINK... REMEMBER I AM NO ECONOMIST OR CURRENCY EXPERT.. JUST YOUR AVERAGE SOUTHERN BELLE TRYING TO INTERPRET THESE DEGGUM IRAQI ARTICES... ~ RED LILY ~


    Nominal Exchange Rate
    The official quote of an exchange rate. For example, when one changes dollars for pounds, the bank lists an exchange rate of, say, two dollars for one pound. This is the nominal exchange rate. While this indicates the number of pounds one receives for a dollar (or vice versa), it does not show the purchasing power of the pound versus that of the dollar. See also: Real Exchange Rate. LINK: https://financial-dictionary.thefreed...+Exchange+Rate




    taking into consideration the trends apparent inflationary and the level of acceptance and availability of reserves inflationary and the level of acceptance and availability of international reserves at the Central Bank of Iraq and a way inhibits inflationary expectations and reducing the speed of circulation coins , the deleting three zeros means converting 30 trillion dinars to 30 billion dollars by deleting three zeros from the current currency and replace it with a new currency.


    https://almurakeb-aliraqi.org/index.php/news/index.1.html




    POLITICAL




    * Economist: political problems caused large losses for the Iraqi economy


    28-04-2013 07:36 AM


    Baghdad (newsletter). Warned Economist Abdul Sattar Al-Hashemi, of wheel THE ECONOMY stops the economy as a result of the continuing political problems and popular demonstrations of some provinces, because they were great economic losses to the country.


    He said al-Hashimi (News Agency): that political differences among the parliamentary blocs and sit-ins for some provinces directly affected the economy and the advent of global investment firms.


    He said: the terrorists have exploited these events and internal problems by targeting the Iraqi economy through blow up oil pipeline in Kirkuk for many times as well as preventing the entry of goods from Western ports, these are all confused economy and caused substantial financial losses for the country.


    He stressed: the need to end the differences through peaceful means and dialogue to keep the national economy


    https://www.microsofttranslator.com/bv.aspx?from=&to=en&a=https://www.ikhnews.com/index.php%3Fpage%3Darticle%26id%3D82931




    TARIFFS


    ANYONE WHO HAS EVER FOLLOWED MY POSTINGS KNOWS THIS IS ONE OF THE MAIN THINGS I WANT TO SEE PASSED AS LAW. INVESTORS MUST FEEL SECURE ~ RED LILY ~




    Parliament plans to pass a law on customs tariff


    27/4/13


    After the legislative recess


    The parliamentary Economic Committee intends to pass the Bill after the recess of the customs tariff legislation in cooperation with the Finance Committee, according to the Committee, this Bill will bring positive results to protect the consumer, trader and strengthen the country’s economy through unification of taxes.


    Committee member MP Abdel Salam Al-Maliki told News Centre for the Iraqi media network “that” the law would strengthen the country’s financial presence through substantial financial returns to standardize taxes on materials to Iraq, and will have a positive impression in the Iraqi street because it protects the citizen (consumer), through a mechanism programmed both in monetary terms or in the import or export, in particular to the law in force in all countries of the world.


    “he added that Al-Maliki’s Deputy” there are a lot of obstacles stand in Adoption of this law, including the border of the Kurdish region,


    STOP RIGHT THERE.. THIS IS WHY ARTICLE 140 IS SO IMPORTANT. THE BORDERS NEED TO BE CLEARLY MARKED NOT ONLY TO KNOW WHAT PROVINCE, OUR IN AMERICAN TERMS, CITY OR COUNTY, IS RESPOSIBILE FOR TAXES AND DUES OWED TO CENTRAL AS WELL AS KNOWING REVENUE OWED TO EACH PROVINCE. ~ RED LILY ~


    which BUT THIS is still open and is controlled by the Federal Government, controlled by the County, “he said, adding that there are” more than 13 border ports, eight of them only under the control of the Federal Government and the remaining five are either controlled by the County, or closed because of the security situation between Iraq and Syria in addition to port non-controlled post at fully because of security conditions and events in the regions leading up to it. “


    The Member of the Commission must be subject to the law governing trade in the country, (IT IS ONLY COMMON SENSE, IMO, THAT YOU WOULD NEED TO PASS A TARIFF LAW THAT EVERYONE COULD FOLLOW.. EVERYONE NEEDS TO BE ON THE SAME PAGE ~ RED LILY ~ ) saying the law would avoid the country economic and financial mess currently because the border deal as a specific mechanism varies from port to another,


    LET'S FACE IT, THERE IS ABSOLUTELY NO "ACCOUNTING STRUCTURE" IN THIS COUNTRY. THIS IS AN AREA THAT NEEDS TO BE STREAMLINED AND RIGHT NOW IT IS JUNGLE RULES IMHO. GET THESE DEGGUM LAWS PASSED, GET ON THE SAME PAGE, PAY YOUR PROVINCIAL TAXES, AND CENTRAL....... PAY THE PROVINCES DUES "OWED THEM"... SIMPLE ACCOUNTING.. ~ RED LILY ~


    so it would be more protection for the merchant and the more sedate of the Iraqi economy, in addition to the control of the funds in accordance with the programmed by the Department of customs and the Ministry of finance to ensure the safety of the entry and exit of goods and on Basra, the capital of Iraq Bill economic MP Al-Maliki that his Committee is an integrated programme For this Act and to address all loopholes which activated inside the House and passed during the current legislative session.


    And member of the Committee that its work to attract the attention and interest of the world through legislation this law as is the case in many countries of the world, saying that Basra would be the oil production in the coming years 80-85 percent of the production of Iraq in addition to their ports and many important projects which all have economic returns


    https://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=https://www.alsabaah.iq/ArticleShow.aspx%3FID%3D45411




    CHAPTER 7


    Kuwait expects to exit Iraq from Chapter VII in 2014: this is what we sought him since the fall of Saddam


    MONDAY, APRIL 29 / APRIL 2013 08:59


    Expectation senior official of the Kuwaiti government, on Monday, Iraq would emerge from Chapter VII early next year, stressing that Kuwait has sought since 2003 to improve the image of the Iraqi people.


    Said Minister of State for Cabinet Affairs Sheikh Mohammad Abdullah Al-Mubarak said in remarks seen by “Twilight News”, “expect to come out of Iraq under the threat of sanctions imposed on it in accordance with Chapter VII, starting next year.”


    He explained that “Kuwait, the leadership, government and people, carrying Iraq’s good intentions and wishes him prosperity and stability; because it will reflect on Kuwait.”


    He stressed that “Kuwait has expanded since 2003 and since the change of regime in Iraq, concrete steps and information, to improve the image of Kuwait to the Iraqi people and vice versa .. In addition to the close cooperation with the international institutions that govern some relationship between the two parties.”


    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 regime of former President Saddam Hussein of Kuwait in August of the same year, and this item allows the use of force against Iraq as a threat to international security, in addition to large amounts of frozen its assets in the financial global banks to pay compensation to those affected by the invasion.


    The Iraqi-Kuwaiti relations have recently made progress in relation to resolve some of the outstanding problems, as the parties agreed to settle many of the files, including the demarcation of the border and the debt of Iraqi Airways to the State of Kuwait.


    https://www.shafaaq.com/sh2/index.php/news/iraq-news/56800---------2014-------.html




    Kuwait: Iraq still owes us reparations amounting to $11.2 billion


    Kuwaiti government called on Iraq to continue paying 5% of its oil revenues to the Compensation Fund to ensure payment of all damages incurred by him on a regular basis.


    Indicated it was waiting for the arrival of the rest of the compensation amounting {11.2} billion dollars after receiving inflated $ 2.43 billion in compensation since the beginning of the year.


    The agency quoted the official KUNA news Khalid Almudaf Chairman Board of Directors of the Public Authority for Assessment of Compensation today that “Kuwait received $ 1.3 billion in January and $ 1.13 billion on April 25.”


    And called Almudaf of Iraq to “continue to pay 5 percent of its oil revenues to the Compensation Fund to ensure payment of all damages incurred by him on a regular basis. “


    Kuwait and got $ 30 billion of the total $ 41 billion established by the United Nations in compensation for the damage to Kuwait because of the invasion of the former regime from August 1990 to February 1991.


    https://www1.alforattv.net/modules/news/article.php?storyid=88298






    KURDS VS CENTRAL GOVT


    Barzani signs agreement with Maliki


    WEDNESDAY, 01 MAY / MAY 2013 14:41


    A source familiar with the Council of Ministers of the Kurdistan Regional Government, Wednesday, that the President of the Council Naچervan Barzani signed the text of the Convention that took place in Baghdad after arriving signed by the head of the federal government Nuri al-Maliki, adding that Barzani will announce details of the agreement at a conference journalists evening in Arbil.


    The source, who asked not to refer to his name in an interview with “Twilight News”, that “Barzani has signed the text of the agreement reached with the Prime Minister in the federal government Nuri al-Maliki, which includes seven points,” he said, adding that “the written text of the agreement reached Day of Baghdad, is signed by al-Maliki. “


    The source added that “Barzani will be held at six o’clock in the evening press conference at the Council of Ministers building in Arbil to announce the agreement and explain its terms of public opinion and Iraqi Kurdistan.”


    Some press reports have pointed to the leaks by one of the members of the delegation Kurdish negotiator, confirmed the two sides’ agreement on seven points include amending the budget for the current year 2013 and resolve the law of oil and gas as well as resolving the issue of the leadership of the Tigris and the island and redrawing the administrative border of the disputed areas and compensate with Anfal victims of chemical attacks and joint management to the issue of visas and airports by the governments of the center and the federal and the appointment of a representative of the provincial government in Baghdad, and a representative of the federal government in Erbil for coordination and exchange of information.


    A delegation Kurd headed by the Kurdistan Regional Government Naچervan Barzani, and a number of senior officials in the province and the governor of Kirkuk, had visited Baghdad the day before yesterday and conducted a series of meetings with Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi and a number of heads of blocs and the leaders of the political parties in Baghdad.




    https://www.shafaaq.com/sh2/index.php/news/kurdistan-news/56932-2013-05-01-11-

  4. #54
    Najafi : Iraq can not be run by Dual Standards and Change for the Better is Through Active Participation in the Elections

    06/03/2014 22:38:00

    BAGHDAD / Nina / Head of Motahedoon Coalition / United for Reform / Osama Najafi that this country can not be run by dual standard and all are equal, and change for the better is through active participation in the next elections.

    According to a statement by the coalition, Najafi explained during a meeting with tribal leaders in southern Baghdad, the position of the House of Representatives towards of the speech of PM al-Maliki on Wednesday, that it is an encroachment on the constitution and the law , and the legitimacy of the PM is taken from the House of Representatives , not the opposite , and his speech comes to cover up the failure of the government.

    He reiterated the position of the coalition / Uniting for Reform / toward the crisis in Anbar, stressing that the coalition is against terrorism that should be fought , but the coalition differentiates between terrorism and the legitimate demands of the demonstrators and protesters and tribal members who protested for more than a year without paying serious attention by the government to implement their demands .

    And went on that the random shelling of cities and towns came to create the largest disaster, 750 000 displaced people, and we are since the first day we formed a crisis cell and Relief committees and we exerted our best and worked on the political file internally and internationally to reach a solution, and introduced an initiative to resolve the crisis.

    During the meeting, Najafi reviewed the political and security situation and the upcoming elections, and the developments of the issue of displaced people as a result of the events of Anbar.

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

  5. #55
    Newspaper: the Shiite al-Maliki is not satisfied and confirms that the alliance with the Kurds was a mistake

    Thu Mar 06 2014 21:28 | (Voice of Iraq)

    Twilight News

    Newspaper, Kurdish, on Thursday, for that senior Shiite have expressed their criticism of the performance of Prime Minister Nuri al-Maliki because of failure to provide services to central and southern Iraq, as have praised the performance of the Kurdistan Regional Government, drew out that the alliance of Kurds with him was a "mistake".

    A delegation of clerics in Kurdistan have visited the cities of Najaf and Karbala during the past few days to meet with Shiite religious authorities and talk to them about the ongoing crisis between Erbil and Baghdad in connection with several files, the most important oil and the federal budget.

    The head of the Union of Islamic scholars in Kurdistan Mullah Abdullah, Mullah Said in an interview with the newspaper (bass) Kurdish and followed the "Twilight News", that the religious authority, Mohammed Saeed al-Hakim said during his meeting with the delegation that he should not have been on the Kurdish alliance with al-Maliki, because he did not meet his promises them.

    The Mullah happy that the delegation met during his visit to the cities of Karbala and Najaf each of the references Mohammad Hakim, Bashir al-Najafi, adding they had complained that al-Maliki did not provide any services to central and southern Iraq, while highly appraised the provincial government, which "has succeeded in serving the people, and made of Kurdistan a model for security stability and prosperity in Iraq. "

    The Chairman of the Union of Islamic scholars in Kurdistan that the disease religious authority Ali al-Sistani prevented him to meet them.

    The head of the Union of Islamic scholars in Iraqi Kurdistan, Mullah Abdullah, Mullah Saeed, had said last Sunday that he will meet the supreme religious authority of the Shiites in Iraq, Ali al-Sistani to get to know the position of reference of the policy pursued by Prime Minister Nuri al-Maliki to Kurdistan Region.

    Said Mullah Said in an interview with "Twilight News", said the visit is to inform the religious authorities in Najaf that the policy followed by the al-Maliki against the Kurdistan Regional policy is "wrong."

    He said he would convey the demands of the Kurds and the Union of Islamic scholars in Kurdistan for reference so that the resolution of its position on this issue, noting that the religious references always positive attitudes towards the Kurds and for this they claim stance towards this policy.

    And escalated the differences between Arbil and Baghdad in recent times after the establishment of Baghdad to cut off the money you pay them Arbil, the salaries of the staff of the province for two months, two years, after the arrival of the ongoing negotiations between the two sides deadlocked on reaching a compromise formula to pass a bill that the Iraqi budget for the current year.

    And demanding Baghdad from Arbil to export 400 000 barrels of crude oil produced in the region and transform its revenue into a special account for the Iraqi government over the national oil company "Sumo," but Arbil rejects this demand and is seeking to export oil through the pipeline new under the supervision of the oil company Kurdish "Como".

    https://translate.googleusercontent.c...#ixzz2vElGblJx

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