" The Dinar Daily ", Friday, 9 May 2014
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    " The Dinar Daily ", Friday, 9 May 2014

    It is EVICT MALIKI DAY + Nine (9) or " E - M DAY +9 ".

    The countdown to election day is over. Will Maliki be evicted ? The coming days will be telling. First, we await the tabulation of votes, challenges and appeals must run their course, and then we should have a certification of the results and know which cluster received a plurality of the vote. News articles report that the foregoing will take about three (3) weeks and after May 25.

    http://translate.googleusercontent.c...#ixzz30vLnJB00

    " After the conclusion of national elections, the Iraqi constitution stipulates that the CoR ( Council of Representatives / Parliament ) will vote for senior positions in the Iraqi government, including the President, the Prime Minister and his deputies, and the cabinet. Although each CoR ( Council of Representatives / Parliament ) member contributes an individual vote, in practice this voting occurs only after an agreement has been reached among the senior leaders of the political groups, invoking party loyalty and voting discipline thereafter. The selection of the cabinet requires an absolute majority of the CoR ( Council of Representatives / Parliament ) membersí votes (165 votes). In the final negotiations over government formation, even small groups can play a decisive role if they are able to provide the last few votes a governing coalition needs to clear this constitutional hurdle. "

    http://www.dinarupdates.com/showthre...ll=1#post57926

    Following the last election the new parliament opened on 14 June 2010 after the election on March 7th. Iraq set a record for the longest period of time without a government which lasted for about ten (10) months.

    http://www.washingtonpost.com/wp-dyn...093006546.html



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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Najafi and Mladenov discuss the issue of elections in Arbil and the government to come out
    11:03:09 / 05/2014

    Photo - archive

    Khandan - met with Parliament Speaker Osama al-Nujaifi in Arbil, Nikolay Mladenov Representative of the Secretary-General of the United Nations in Iraq. According to the Information Office of Ngeevi in a statement obtained by "Khandan" a copy of it, he was "During the meeting, which was held at the request of Mladenov, another search developments of the Iraqi scene. " the statement noted that "the two sides discussed the issue of the elections and the government to come out, as well as a complaints filed by some of the parties involved in the electoral process and on the results of the election and the uncertainties around in some areas." also addressed the meeting, they discussed the crisis In Anbar, because he confirmed, "Najafi put Msaa new to resolve the crisis in the next few days," according to the statement. statement noted that the meeting "also covered discuss the implications of the flooding that is now threatening the capital, Baghdad," as "student Najafi UN to continue to intensify aid and provide helping to prevent bypass D water to areas of the capital. "

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    President Najafi and the representative of the Secretary-General of the United Nations discuss developments in the Iraqi scene
    08 May 0.2014

    Professor Abdul Aziz met with Osama Nujaifi Speaker of the House in Erbil, on Thursday, Mr. Nikolai Mladenov Representative of the Secretary-General of the United Nations in Iraq.

    During the meeting, which was held at the request of Mr. Mladenov, discuss the latest developments in the Iraqi scene, the two sides discussed the issue of the elections and the government to come out, as well as a complaints filed by some of the parties involved in the electoral process and on the results of the election and the uncertainties around in some areas.

    It also touched on the crisis in Anbar, as President Najafi put a new Msaa to resolve the crisis in the next few days.

    This research also has addressed the implications of the flooding that is now threatening the capital, Baghdad, as President Najafi demanded the United Nations to continue to intensify aid and provide aid to prevent bypass D water to areas of the capital.

    Media Bureau
    Chairman of the Council of Representatives of Iraq
    8 \ 5 \ 2014

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    Last edited by OOTW; 05-09-2014 at 03:37 PM.

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Sadrists: Our position is clear: to prevent al-Maliki to get a third term
    09:35:09 / 05/2014

    Khandan - MP for the Liberal bloc Hussein Sharifi said the Sadrist movement has a clear position and will not give it up and is not renewing Maliki for a third term. said Sharifi said in a statement received "Khandan" a copy of it, that "the rhetoric of some political parties about the exposure of the Sadrist movement to political pressures and external for agreeing to take over the current Prime Minister Nuri al-Maliki and the third term is incorrect. " added Sharifi that "the purpose of this news is determine how the mainstream media by some of the blocks for the implementation of their personal interests," explaining that "it is not the right of the United States and Iran meddling in Iraq and the imposition of its ability to Iraqis to choose the next prime minister. " He Sharifi that "Iraqis are to choose the prime minister in the government coming and not the neighboring countries," pointing out that "the position of the Sadrist movement of president of a coalition of state law, Nuri al-Maliki is very clear, which is the non-renewal of his mandate" .

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Stuart Jones, the new U.S. ambassador in Iraq

    BAGHDAD / newspaper integrity - is the new U.S. ambassador to Iraq (Stuart Jones) of the characters, not far from the Iraqi affairs, he has served the diplomatic corps at the U.S. embassy in Baghdad for several years before being appointed ambassador to Jordan.

    The White House announced late Thursday night for chosen by President Barack Obama to be the U.S. ambassador to Baghdad.

    (Jones) is a career member of the Foreign Service of the United States, and served as U.S. ambassador to Jordan on July 21, 2011.

    And previously served as Deputy Chief of Mission at the U.S. Embassy in Baghdad from 2008-2010, also served (Jones) served as Deputy Assistant Secretary of State in the Office of the Ministry of State for European and Eurasian from 2005 to 2008, and also served as Deputy Chief of Mission at the U.S. Embassy in Cairo.

    He has served the new U.S. ambassador to Iraq, served as "coordinator of the province" in Anbar province, and in the National Security Council as the country director for Iraq of 1994-1996, and was a special assistant to the U.S. Permanent Representative to the United Nations.

    The tours include other external Turkey, El Salvador and Colombia.

    Jones is a graduate of Duke University and the Faculty of Law at the University of Pennsylvania. Ended 4

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Deputy for the citizen: We will not allow the imposition of any candidate for prime minister

    BAGHDAD / newspaper rectitude - MP for the mass of Mohammed Allkash the importance of the formation of the National Alliance, without exclusion of any party.

    Allkash said in a statement seen by (the newspaper of integrity) that "our discussions are still with the forces of the National Alliance to gather covered, because the Alliance Foundation sponsors big and bulky interests of all the Iraqi people, as well as the audience in particular."

    And "We said that the prime minister will be from the National Alliance, but the controls will be determined by the coalition itself according to internal program and the mechanism agreed upon by all the coalition forces do not allow marginalizing any party of his limbs."

    The Allkash "We will never allow that imposes on us by any party in the coalition candidate for prime minister, as well as marginalizing will not accept any party of the National Alliance."

    He MP for the citizen to "the existence of understandings great with the Sadrist movement, has begun to communicate with other components of the National Alliance and Sentalam on a project to Proboscis Alliance, to move after consultations to have been chosen mechanism for the formation of the coalition government without the exclusion of any party and make decisions coalition unanimously," stressing that "these principles core will enable us to launch to the rest of the political parties represented to the Iraqi people to form a government and draw its map for the coming years. "

    He is scheduled to meet the National Alliance Panel in its political and attend all edges next Sunday to discuss the criteria for selecting the person of Prime Minister and form the next government, according to the revelations MP for the Liberal bloc Prince Kanani.

    The head of the Islamic Supreme Council Ammar al-Hakim has been declared during campaigning for the coalition (a coalition of citizen) quest to reshape the National Alliance, saying "make a strong institution and effective, there is no uniqueness in the governance of Iraq nor the marginalization of the component is not the monopoly of the decision, and we will work with the team's strong homogenized on take joint decisions to end the crisis. "

    As ruled MP for the coalition of state law, Abboud al-Issawi, the success of the experience of the National Alliance in the future, saying "I do not think that the National Alliance will be a successful experiment in the future experience has previous were not also may be a need in the future, but are subject to the actions of other parties and hopes that there will be no alignments sectarian because they may inflame the situation and that the project is predominantly national in orientation. "

    Several forces and political parties have announced to start dialogues and preliminary discussions about the map of alliances to form the next government amid reports the formation of coalitions working to prevent take over the prime minister for a third term. Finished 4

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    One of the oil fields in Iraq; Economist criticizes the U.S. side of the oil in Baghdad and calls for the Kurds to export oil through the (SOMO)

    Author: AHF, HAA
    Editor: AHF, RS
    05/09/2014 17:37
    Number of readings: 105

    Long-Presse / Baghdad

    Revealed an economist dollars, on Friday, for lacking the Iraqi government capacity management and human resources to run dozens of oil projects strategy at once, and among that this obstacle hindering progress in this sector, called on the KRG to export oil in cooperation with the company (SOMO) oil , noting that this solution satisfies the United States, Turkey and Baghdad and international companies.

    The expert said the U.S. Michael Knights of the Washington Institute for Near East Policy, in an interview told the Anatolian and briefed him (range Press), "The main problem faced by the Iraqi government in the energy sector is the lack of the capacity of the administrative and human skills that enable them to run dozens of oil projects strategy in that one. "

    The Knights that "Iraq lacks the administrative capacity and experience of mankind efficient and that's what led to the survival of a lot of important projects under development for many years and is an obstacle to progress in this sector and are repositories of oil in Basra and export facilities and Tovermnchat injection and pumping the water used in the extraction of oil."
    He called Knights KRG to export oil in cooperation with the government company for marketing oil SOMO (SOMO) where you will Baghdad to transfer financial returns directly to the Kurdistan region, "noting that" this is what he wants the Americans and the Turkish government and international companies and even Baghdad also, and this is the solution for the benefit of all parties. "

    The energy resources mega enjoyed by Iraq's oil and gas pose considerable attention to its neighbor Turkey, which relies mainly on bridging the needs of energy fuel import, which made Iraq's second-largest trading partner of Turkey after Germany, as the rate of trade exchange between the two during the year 2013 to 12 billion dollars.

    According to the International Energy Agency, Iraq has the fifth-largest oil reserves known in the world is estimated at 143 billion barrels and also has natural gas reserves known estimated 3.1 trillion cubic meters and comes ranked 11 as the largest gas reserves in the world, but with the existence of problems in the infrastructure of the oil facilities, the Iraq Ayad able to produce one billion cubic meters of gas annually.

    And it needs the energy market of the European growing rapidly to about 45 billion cubic meters of gas per year to meet the domestic needs, according to economic reports, Turkey will be the customer's natural gas Iraq, to ​​be the project Southern Gas Corridor to Turkey, which will supply Europe with gas through a gas pipeline Azerbaijan through Turkey, the largest options plentiful To resolve this issue.

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Investment projects in the capital Baghdad Imaging (Mahmoud Raouf); Businessmen are demanding enactment of laws revive the economy and attract international companies to the Iraqi market

    Author: ASJ, BS
    Editor: BK, BS
    05/09/2014 13:32
    Number of readings: 223

    Long-Presse / Baghdad
    Counting businessmen, on Friday, that the legal registration of companies and organizing commercial agencies, "no longer fit" with the current economic reality of Iraq, calling for the need for legislation to meet the other needs of the market and encourage international companies to enter the local market.

    Rahim said Jubouri, who owns an import and export, in an interview to the (long-Presse), said that "the law of registration of companies involves routine matters make it who wants to register his company to think a hundred times before scoring the other company," noting that "the Ministry of Commerce and stakeholders the other that does not help the Iraqi economy that is fighting its own laws and instructions that eating and drinking old-fashioned. "

    For his part, counting Alaa Anbari, the owner of a general trading company, said in an interview to the (long-Presse), that the law regulating commercial agencies No. 51 of 2000, prohibits commercial agencies global action smooth and realistic in Iraq, "noting that" most of the agencies listed Iraq is disabled because it is under the experiment until they find the guarantees that are set by law to ensure the rights of the Iraqi agents, especially as global companies, seeking to open a serious commercial agencies in other countries. "

    He Anbari, that "the law regulating commercial agencies, did not offer anything to the reality of the Iraqi Commercial, despite more than a decade on the application, but on the contrary has damaged the economy being housed in one of its articles penalty of up to life imprisonment for each assigned to public service has deliberately work of the Agency of Commerce In order to enter into a contract with the state departments, "calling for the need to amend the law about a positive effect on the Iraqi economy, because the local market needs for goods and goods of origin directly not be recycled or specifications poor and sometimes be adulterated because the importer does not bring from the original source."

    It is noteworthy that the law regulating commercial agencies, issued by the Revolutionary Command Council dissolved in 2000, and remains in effect despite the "no-aligning" with the current phase, as well as it "does not help" the transition to a market economy, which allows competition in the business and economic In general, according to what he sees concerned.

    The General Secretariat of the Council of Ministers, announced late last December 2013, call for the Council of State to expedite the audit draft law on the organization of the agency business and his proposal to form a new law, not an amendment to the law in force.

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Currency change the decision to get rid of fraud and signing Shabibi
    2014/5/8 03:39:17 PM
    BAGHDAD / Wi-News

    Counterfeit currency and circulation in the Iraqi market and the signing of former central bank governor things pushed the Iraqi government to take the decision to issue new currency, underlining specialists counterfeit currency trading as normal, because of the difficulty of detection accuracy rigged.

    A source in the department issuing the currency in the Iraqi Central Bank, "The Iraqi government's decision to change the currency came against the backdrop of warnings from experts and officials in the government of the existence of counterfeit currency," noting that "the decision is partly due to a very rid of the signing of former Fed governor Sinan al-Shabibi supplements judicially. "

    He added that "there are other reasons for the decision, including the inability of the banking authorities to convince their customers to resort to handle mail and replacing the cash handling bank cards, as well as the introduction of coins of the largest categories of 50 thousand and 100 thousand dinars."

    And saw the Iraqi market since the middle of last month traded for the new currency, sealed b edition in 2014,
    carries some specifications of the previous currency as a class of 250, 500 and 1,000 dinars, with minor changes, the most important of lifting the signing of former Fed governor and replacing it with circles, despite the tightening of shopkeepers The banking offices and banks to ascertain the type of currency to detect counterfeit ones, but most attempts styles and setups in the detection process failed because of the accuracy of counterfeit currency.

    The advantage of mafias forgery feature transform huge amounts of money are pumping large amounts of counterfeit currency and withdraw real, where control is weak control in this period, as happened in 2004, when was replaced by 13 million dinars (11 million dollars), and was sentenced to staff the Central Bank of the time in prison for years.

    According to the deputy governor of the Central Bank of the previous appearance of Mohammed Saleh, the "phenomenon Alenzuer is a global problem afflicting even some countries stable and sophisticated banking and security," adding that "the reason for the escalation of the problems of circulation of counterfeit currency is due to several reasons, including increased salaries and commercial traffic unbridled, and most importantly rejected Iraqi citizen so far to deal with the means of modern banking, credit and other Kptaqat, and even large transactions such as the purchase of real estate, cars, etc., which are still conducted in cash. "

    For his part, director of beauty banking and foreign remittances beauty Ojaili that "counterfeit currency circulating in the Iraqi market, naturally, it is difficult to detect easily, being rigged accurate manner."

    He told concerned that the volume of counterfeit currency circulating in the market currently does not exceed 500 million dinars, while the source confirmed the central bank that the figure was far from exact, it has been seized 24 million dinars by the security services in a single operation in the possession of an employee of the Bank (Mesopotamia) in Baghdad also seized other amounts in several governorates.

    The accused member of the parliamentary Economic Committee Nora Albjara "window views of involvement in counterfeiting, pointing to the existence of a regional complicity in this matter, especially from Iran, where Iraqi authorities announced seizing large quantities of counterfeit currency was in possession of an Iranian citizen wants to enter the border by land."

    The MP for the rule of law Salman al-Moussawi, has reduced the "importance of counterfeit currency in circulation", and referred to it as "very small amounts and do not constitute any fear," pointing out that "there are countries that are trying to hit the Iraqi economy in this way."

    As confirmed by the Finance Committee in Parliament Najeebeh Najib "reports that the central bank up to the Commission to demonstrate the existence of fraud to the local currency, and that this phenomenon has become common."

    She pointed out that "the reduction of this phenomenon is through intelligence and redouble efforts to change the local currency by deleting three zeros which are to reduce the size of the banknotes in circulation."


    We have already announced that the Director of Customs Region IV in Basra, Brigadier Khalaf al-Badran, adjust the currency forged Iraqi entered from one of the neighboring countries in huge quantities to Basra and from different denominations.

    Hala Mohammed

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    Last edited by OOTW; 05-09-2014 at 05:06 PM.

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Iraqi Stock Exchange will hold a conference in Dubai to discuss investment in economic sectors

    05.08.2014 (0:01 pm) - The number of readings: 218 - number (3074)


     Baghdad / Qais sticks


    Regulated by the Board of Governors of the Iraqi market for securities investment conference in the market on the fourteenth of this month in the city of Dubai in the United Arab Emirates on the occasion of the tenth anniversary of the founding of the opening of the Iraqi market for securities and five years at the start of electronic trading and central depository in the market.

    A source in the Iraqi market for securities "long" that the goal of the establishment of the conference is to give participants an idea of ​​the capital market in Iraq and its achievements since 2004 until the present day and future plans also aimed at the participation of experts in the presentation of indicators of the Iraqi economy and the future expectations, laws and regulations prevailing and discuss the reality of the available investment opportunities in listed companies and explore ways to attract local and foreign investments. "

    The source pointed to the invitation of many specialists and all stakeholders in this area in addition to the Chairman of the Board Executive Director Market tour to meet with the heads of departments and corporate banking and the Association of Banks and a number of other interested definition of this conference and its objectives.

    In a related development, Board of Governors decided in the market acceptance of the proposals the Board of Directors market Arbil on a plan to upgrade the system Equator of the Iraqi market for the purpose of hosting the settlement of equity to trading market Erbil through the ratification of the required amendments approved by the Governing Council of the market Arbil Securities in connection with the filing system Equator as approved to authorize the management of the market to start discussions with the NASDAQ OMX market Arbil Securities System regarding X-Stream CSD Center for Independent Deposit and discuss the study design.

    The annual report of the circulation in the Iraqi market for securities in 2013 pointed out that the market value of listed companies in the market end of the year amounted to about 11451 billion dinars, an increase of 114.9% from the previous year where the market value of nearly 5327 billion dinars, while the total Volume nearly 2840.2 billion dinars, an increase of 217.8% from the previous year, where trading volume was in the previous year nearly 893.8 billion dinars and that the number of shares traded stood at nearly 871.2 billion shares rose by 39.2 % from the previous year as the number of shares traded in the previous year 625.6 billion shares, while the number of contracts executed in the last decade and 126.5 thousand, a decline of 6.9% from the previous year, while trading record of non-Iraqi high net foreign investment (purchase - sell) the amount of 980.20 billion dinars due to the increase purchases reaching 1149.8 billion dinars, while sales amounted to 169.6 billion dinars.

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    Re: " The Dinar Daily ", Friday, 9 May 2014

    Organizing commercial agencies contribute to the transition to a market economy



    5/8/2014 0:00

    Specialists: law is not consistent with the requirements and challenges of the current
    BAGHDAD - Farah pumice - Mustafa al-Hashemi

    Still many of the laws that govern the business process and economic development of a country is incompatible with the process of change and the economic reality after the year 2003, and the trend towards a market economy, and within this important legislation proposed law regulating commercial agency, which called for specialists to claim the need for approval and bringing it replaced the old law No. 51 for the year 2000. weakness of the law , an economist Mahmoud Alloush among the weaknesses of the old law and its incompatibility with the current economic situation, as it limits the process of trade exchange between the Iraqi trader and traders of foreign companies that are dealing with it, as it is the work of commercial agents and was restricted to a specific category of people. According to what he said Alloush "morning", it "has been held many meetings and seminars by the competent authorities, experts, associations and organizations, has been out proposal format is a new law regulating the operation of commercial agencies were sent to the Council of State before the approval of the Council of Ministers has sent to parliament in order to read it and passed, but he still sits on the shelves of the House of Representatives. added expert, "it was the development of the new proposal to replace the old law No. 51 of 2000, especially given that the (old) does not fit with the process of change in the transition from a totalitarian to a market economy , saying the most prominent proposals to be handled directly between the agent and the company's foreign parent or a foreign merchant or through the commission agent to be regulating this process properly. directives of the government and the Council of Ministers has directed the ministries to direct the foreign companies, global adoption agencies, national commercial agents Iraqis or Iraqi companies registered in Iraq, according to the law rather than foreign agent as much as possible and do not mind hiring the exclusive agent of foreign nowadays up to the adoption of a draft law regulating commercial agency. also noted Alloush to the possibility of opening regional offices in any other country of the commercial agent and a private trader with global companies, especially as the commercial agent registered Chamber of Commerce, and the accountant tax, as well as he documented the Department of Registrar of Companies, this is the legal side and the fundamentalist to be a commercial agent. commercial laws either head of the Securities Commission, Dr. Abdul Razzaq al-Saadi, has stressed the need to prepare law firms new and advanced in line with Laws of global trade, as well as find a realistic study reconsider the law of registration of companies and regulate the commercial agency and the Financial Administration Act, saying that the law of commercial agency ancient intersects with the current reality of the country.

    Confirmed Saadi "morning" and there are a lot of agencies registered in Iraq, but most of them Junior because they are agencies and is under the experiment until they find the guarantees that are set by law to ensure the rights of agents Iraqis, especially given that the international companies, seeking serious in opening trade agencies in other countries and this is regulated by law. called on the competent authorities to develop a package of economic laws and commercial modern consistent with the reality of Iraq and the reality of the world the other, and taking into account the study and prepared in accordance with the developments in the countries of the world, in order to regulate the commerce that supports the country's economy. market economy and in part of the Post, said economic expert, Dr. appearance of Mohammed Saleh, the need to reconsider the law regulating commercial agencies No. 51 of 2000 being not in line with the requirements of the current phase of Iraq's openness to the world and the transition to a market economy .. Saleh said in a statement (morning): It is necessary now to reconsider the law, especially after the passage of more than 10 years of being housed in one of its articles penalty of up to life imprisonment for each assigned to public service has deliberately work of the Agency of Commerce in order to conclude a contract with the state departments. pointed to the importance of reconsidering this law to the fact that the country needs to reach consumers of goods and commodities imported from Mnashiha. The law has been issued by the Revolutionary Command Council dissolved and is still in effect despite the lack of aligning with the current phase, as well as it does not help make the transition to a market economy, which allows competition in business and economic development in general. Salih stressed that most of the agents companies in Iraq They are traders and buy goods from Wholesalers probably not agents regional, as well as they they import discounts on prices, Maidau to deal directly with agents of international companies in these countries, indicating the importance of the presence of agents Iraqis for businesses large global in the country. activation of legislation was General Secretariat of the Council of Ministers announced in late December 2013, the Council decided that the State Consultative Council to expedite the audit draft law on the organization of the agency business and his proposal to form a new law, not an amendment to the law in force.

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