The Dinar Daily, Tuesday November 11, 2014
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  1. #1

    The Dinar Daily, Tuesday November 11, 2014

    Coins put on the market !!



    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara "The project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find metal coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century

    waradana.com

    And

    CBI is preparing to issue a monetary metal parts



    Metal coins from the category of 25 fils were in circulation until the nineties of the last century

    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara Radio Free Iraq, "said the project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century.

    http://www.iraqhurr.org/content/article/26666313.html

    and

    [S]ecurity ministers file will be resolved soon and their selection will be exclusively by Abadi
    BAGHDAD / NINA / MP for the state of law coalition, Hisham al-Suhail said that "the issue of the security ministers will be resolved soon through the agreement of the concerned political blocs on the candidates."

    He told the National Iraqi News Agency / NINA / "The situation experienced by the country and the region urgently needs an end to this file and no to delay it too much, because it does not benefit the political process in the country."

    Suhail added that "the Prime Minister is determined to end this file and he has the final word because he has an obvious desire that these two offices should be run by professionals."

    The House of Representatives failed to vote on the candidates submitted by Abadi to the ministries of interior and defense Riad Ghraib, Jaber al-Jabri, respectively, and decided to postpone the vote on the positions until reaching national consensus.

    http://www.ninanews.com/english/News...ar95_VQ=HHEFFL

    * More SLC " double talk " , IMO

    and


    The Exchange Rate of Foreign Currency in Economic Feasibility Studies

    Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.

    Estimate the shadow price of foreign currency:

    1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine.

    The central controls for adjusting market prices distinguished a group of outputs and inputs traded internationally, where the projects production or usage of them is reflected on the abundance of foreign currency in the economy and thus project outputs or inputs used of such are considered purely foreign currency outputs or inputs.

    * What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar.In particular the following outputs and inputs of foreign currency were distinguished:


    • Export-outputs.
    • Outputs marketed locally that substitute imports.
    • Imported inputs.
    • Inputs produced locally that usually go to exports.
    • Foreign labor.


    According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules.

    In other words the pricing rules calculate what the project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency …. etc.).

    In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency.

    2. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports… etc.

    The justifications to call for the use of an exchange rate that is lower than the official exchange rate are:


    • The use of an exchange rate that is lower than the official rate is the appropriate action at the investment planning level to translate the country’s economic strategy aiming at stimulating central investments in the sectors that encourage the development of non-oil exports, as well as sectors that encourage the expansion of domestic production base in order to reduce imports and compensate it with local commodities. This helps to reduce reliance on foreign exchange earnings from crude oil exports and increases the share of non-oil sectors in the local production.
    • The application of the amended exchange rate on project imported inputs will assist in directing investments away from aggregated sectors dependent on imported inputs and the preference of those sectors that rely on locally produced inputs.
    • The use of the amended exchange rate helps to correct the balance in favor of the traded goods sectors compared to non-traded goods.
    • The real exchange rate has declined rapidly since the early seventies, through rapid rise of the level of prices and local costs which led by the steadiness of the official exchange rate to change in prices and actual local rate costs that gave an advantage for imported goods at the expense of locally produced goods, meaning that it led to deterioration of the competitiveness of alternative replacement goods and export commodities.
    • This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of.


    And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate.

    3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.



    The Republic of Iraq – Ministry of Planning

    and

    A "flashback recap" of a Live Q and A Call from about a year ago - on THE DAILY DINAR NEWS BLOG...

    In general terms – there were three main focal points of interest I wanted to cover and then allow listeners to ask whatever questions they liked.

    1) the SIGR report…


    2) the Gold Article…


    3) the IIER report…


    I started the conversation out last night by highlighting how crazy this campaign being fielded to contact our lawmakers and bank CEO’s and tell them how unfair it is they are getting to exchange (exchange is the right terminology BTW – NOT “CASH-IN”) at 32.00 per Dinar and we are not – is. It is nuts.


    Firstly, “they” are NOT being allowed to exchange “early” – or at 32.00 per Dinar. It makes you sound “stark raving MAD” to be caught saying such things. You would be better off barking at the moon. It is demeaning to the validity of a true currency play.


    Secondly, this is entirely the wrong way to approach them. I pointed out on the call that Poppy and I fielded a very successful such campaign a couple of years ago. However, we sat down and came up with a much different approach. It was designed to get answers and to approach our lawmakers with respect and as their constituents. Not like a bunch of lunatics. We had extraordinary participation (because it made sense) and we received a good response from lawmakers. It started the conversation in a reasonable manner.


    I asked one caller – “when was the last time you asked a banker for money and told him how unfair it was if he didn’t give it to you”??? Obviously – we chuckled…


    Another caller asked me if (as DC had relayed) – the “zero’s were raised” and the lower denominations were in circulation??


    I said plainly “no”…lower denominations being in circulation would (at the very least) imply there had been a value change. If there were no value change the lower denoms would not only be of little value, they would be such a hinderance – people might even throw them away just to get rid of them. So no – no lower denoms. I told the caller to check the
    CBI.iq website for “real” info on rate change.

    The “zero’s being raised” or “deleted” – as explained by any reasonable researcher, economist or authority – is simply the process removing the large (3 zero notes) from circulation.


    Referring to an Enorrste post from today on
    THE DINAR OBSERVER DAILY(you may want to put this on your favorites and check in several times a day – we to it often )

    “…I have never found a single article from the CBI or the IMF that equates “delete the zeros” to the idea of “move the decimal point.” Instead, the statements overwhelmingly come out to mean “remove the large notes from circulation.”


    Also – this recent internal memo put out by Wells Fargo is likely “push back” from this recent campaign. I pointed out that Pinnacle Bank published an article by an “affiliate” in their internal publication and then “highlighted it” in a similar internal memo a couple of years ago. It is just a defense mechanism. I’m sure Wells is tired of having their name dragged through the “internet rumor mill”. This is highly likely the reason for their vigorous denials about handling it in the future. They get so many useless calls – it isn’t worth the headache. Can you blame them??


    Further, for any bank, lawmaker, adviser or official to state the “Dinar is a scam” is nearly as foolish as some of the internet “Gurus”. It is the official currency of a COUNTRY. I pointed out (below) the post from yesterday’s
    DINAR OBSERVER DAILY
    – highlights page 94 of the quarterly SIGR report to THE US CONGRESS in April of 2012…
    __________________________________________________ _____________

    THIS REPORT WAS SENT TO CONGRESS LAST MAY. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.

    We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This report is from page 94 of the massive SIGR report.





    BGG ~
    This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.
    __________________________________________________ ______________

    I pointed out (last night) this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights…

    1) This is information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure – against all advice from Wells Fargo or other such naysayers.

    2) It points out there having been a legitimate “plan” – or time frame in motion…having been projected to be done in 2013. We are obviously in “over time” now.

    3) It gives us an idea as to who is in charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki. Period. When is he likely to push this forward?? Historically – he has been a “weak Dinar” policy advocate. However, rumor from his own inner circle admits he can’t win a third term in office without some currency reform.

    I fully expect him to use every tool in his “wheel house” to win – his recent moves in Anbar and the disputed territories prove as much. Currency reform has to be a “biggie”. Though this WAS their thinking a couple of months ago – there is no promise it is still part of their political calculus. We shall see.

    4) Though no guarantee of the actual future plan they wind up engaging – this report points out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″..

    __________________________________________________ ______________

    AND

    Another "FLASHBACK"...

    Economists Divided Over Deletion Of Zeros

    By Amina al-Dahabi for Al-Monitor.

    The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided…

    …Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.

    The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country. ARTICLE LINK



  2. #2

    Re: The Dinar Daily, Tuesday November 11, 2014

    House of Representatives held its meeting under the chairmanship of the 27-Jubouri and the presence of 184 deputies



    Alsumaria News / Baghdad

    The Council of Representatives, on Tuesday, its 27th President of the Council, headed by Salim Salim al-Jubouri, and the presence of 184 deputies, with parliamentary source said that the meeting will discuss the results of the investigation to cause Alsger Saqlawiyah and the first reading of the four laws and the second of three laws.

    The source said in an interview for "Alsumaria News" "The House of Representatives held on Tuesday, its regular 27th President of the Council, headed by Saleem al-Jubouri, and the presence of 184 deputies," noting that "the meeting will discuss the results of the investigation and to cause Alsger Saqlawiyah."

    The source, who asked not to be named, said: "The meeting will include the swearing-in of the members of the House of Representatives who hold government positions and replacements for those who have held a ministerial or vice-president positions."

    He said the parliamentary source said that "the meeting will see the first reading of the draft third amendment to the Law of the Ministry of Water Resources No. 50 Law for the year 2008, and the second draft amendment to the Investment Law No. 13 of the Law for the year 2006, and a draft of Statistics Act, the first reading of the draft labor law."

    He noted that "Parliament will read, during the meeting, the second reading of the draft law on ratification of economic and trade, scientific and technical cooperation between the Government of the Republic of Iraq and the Government of the Republic of Armenia Convention on the Law and the draft accession of the Republic of Iraq to the international railway agreement in the Levant and attached to the elbows with Bill, the Ministry of Health Act ".

    The Presidency of the Council of Representatives decided on Saturday (November 1), lifting the 26th meeting of the Council to Tuesday (November 11), after the recommendation to dissolve the Committee displaced.

    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3222310&usg=ALkJrhjOnGDWWxhkSaydWiHexPOwNVDfmA


    Last edited by AR Transplant; 11-12-2014 at 02:13 AM.

  3. #3

    Re: The Dinar Daily, Tuesday November 11, 2014

    Kurdistan Regional Government of Iraq: We will not recognize the process of exporting oil to the SOMO



    Fallujah News / Erbil ... The head of the Kurdistan Regional Government, Barzani, the process of export of crude oil from the region will not be handed over to SOMO, and that the provincial government and by oil revenues and local revenues will provide the needs of the Kurdistan region.

    A member of the Energy Committee for Change, ultra Mustafa Barzani said during a meeting with the head of the Supreme Council for oil and gas in the province, the provincial marketing oil process would not hand over the province to the company of the Iraqi State Oil Marketing Sumo, and will continue attempts to address the problems with Baghdad, adding that he 'will not A delegation from the Kurdistan Regional Government goes to Baghdad by the Iraqi government to send a financial boost to the region. '

    Mustafa said that the Kurdistan Region has become close to addressing its financial problems, and that the rate of oil export reached 319 000 barrels per day, and tackle the financial crisis for the region in the final stage.

    http://translate.googleusercontent.c...uLtCPOE11ZC1NQ
    Last edited by AR Transplant; 11-12-2014 at 02:14 AM.

  4. #4

    Re: The Dinar Daily, Tuesday November 11, 2014

    Government Karbala: non-adoption of the budget went bankrupt conservative campus of 300 projects have been and will change the reality



    City of Karbala

    Confirmed the province of Karbala management, on Tuesday, not to approve the general budget for 2014, the current "campus" preservation of the implementation of more than 300 project was "change the reality" conservative, promised that "a negative impact" on next year's plan in 2015, as she noted that it "is unable "pay dues for the year 2013 projects as well, because they do not possess, but only 60 thousand dinars in its treasury.

    He said the first deputy governor of Karbala, Jassem al-Fatlawi, in an interview to the (long-Presse), that "the administration of the province and put big projects for 2014, the current plan, but you can not refer them to implement because of the adoption of the state budget, and not to the Ministry of Planning approval of the investment plan of the province." , noting that "the plan was to change the face of reality and maintain the service, if entered into force."

    He Fatlawi, that "Karbala deprived of the year 2014 more than 300 projects 70% of which was allocated to the sector of municipal services, roads, education, water and sewer," returned to "the negative impact of non-approval of the current year's budget will impact on the year next 2015 plan."

    For his part, Vice-President of the Council of the province of Karbala Ali Abd al-Maliki, in an interview to the (long-Presse), "The lack of adoption of the budget in spite of the conflict comes the financial year to finish, government work and the efforts of construction and ages were killed," adding that "Karbala is now suffering from a deficit of 300 billion dinars, as a result of non-implementation of projects because of the political pressure that disrupted the state budget."

    Maliki said, "The non-implementation of Karbala in the current projects in 2014, confused the local government, and to make of its plan for the next year in 2015, is clear," stressing that "the government will face difficulty in Karbala akin plans current and next two years."

    He said Vice-President of the Karbala Provincial Council, that "the relevant committees in the provincial council held extensive meetings with local government departments, to identify priority projects to begin to implement if the adoption of the general budget," expressing concern that "exacerbates the late adoption of the 2014 and 2015 in the House of Representatives budget, with a deficit which, from confusion to maintain projects and work plan. "

    For his part, deputy governor of Karbala for Financial Affairs, Adel al-Moussawi, said in an interview to the (long-Presse), said that "the province and had trouble fulfilling entitlements executing projects companies since the beginning of 2014 the current, having exhausted its credit trochanter of the year 2013 the past, completely."

    He said al-Moussawi, the "Karbala maturity of the operating budget, according to the 1/12 plan, reach 18 billion dinars per month," noting that "the Ministry of Finance has funded conservative that amount for only two months, and then took provide ten billion dinars a month, and left the remainder of it."

    He said deputy governor of Karbala for Financial Affairs, that "I have to maintain a rounded projects of the past in 2013, has spent the amount of ten billion dinars, as payments for some of the implementing companies, and failed to meet the rest", stressing that "the budget of the province of Karbala currently amounts to 60 thousand dinars, dues financial companies have accumulated. "

    The House of Karbala, has warned, (12 May 2014), of the consequences of stop maintaining projects, (108 km south of Baghdad), as a result of lack of approval of the state budget, calling for approval to save the provinces of "real crisis," especially after the election and "miscarriage among politicians", while a local official that denied attributing the delay in projects to be forwarded to the companies' non-sober does not have the financial means to conduct business, "asserting that current projects inevitably since 2013 and before that their" pre-monitored "nothing to do with the public budget 2014 current.

    It is noteworthy that the province of Karbala management, announced, (27 March 2014), about the "bankruptcy" of financial coffers are almost complete, while shown to stop the granting of operational advances to companies and contractors would adversely affect the projects, the Ministry of Finance demanded regardless monthly budget in response to the request of the President Prime Minister, Nouri al-Maliki, (then), drained, and called on the House of Representatives to "national stand" for the adoption of the budget and pay for the damage imminent state.

    http://translate.googleusercontent.c...6TBYNh0Jf7E8cg

    Last edited by AR Transplant; 11-12-2014 at 02:18 AM.

  5. #5

    Re: The Dinar Daily, Tuesday November 11, 2014

    Currency Auctions

    Announcement No. (2814)

    The latest daily currency auction was held in the Central Bank of Iraq on the 11-11-2014 results were as follows:

    DETAILS NOTES
    Number of banks 12
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 126,325,000
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 126,325,000
    Total offers for selling (US$) -----


    ​Market Rate 1199
    Last edited by AR Transplant; 11-12-2014 at 02:19 AM.

  6. #6

    Re: The Dinar Daily, Tuesday November 11, 2014

    sczin11- is it me, or are we seeing alot of Maliki lately in the news? hmmmm

    Maliki: We look forward to strengthen Iraq's relations with the countries of the region



    (Independent) .. said First Deputy President Nuri al-Maliki "We look forward to the strengthening of Iraq's relations with the countries of the region, especially with the Islamic Republic of Iran."

    He said at a meeting with Iran's Parliament Speaker Ali Larijani: the existence of the common will be able to develop relations in various fields.

    And eighth-Maliki supporter of Iran's security position and stability of Iraq, saying appreciate the Iranian government's position in supporting the stability of Iraq and the face of the terrorist organization Daash.

    He pointed out that Iraq is going through tough times, but has the ability to overcome those difficulties, especially after everyone realized that unity is the only way to get rid of these challenges.

    For his part, Larijani welcomed the visit of al-Maliki, noting that it will impact positively on the development of bilateral relations between the two countries.

    He called for activating the agreements signed between the two countries in the oil and gas industry and areas.

    http://translate.googleusercontent.c...Um9ce17-31Xlow


    Last edited by AR Transplant; 11-12-2014 at 02:22 AM.

  7. #7

    Re: The Dinar Daily, Tuesday November 11, 2014

    Efforts to achieve economic integration of bilateral agreements


    BAGHDAD Mustafa al-Hashemi

    Iraq seeks to promote economic and trade relations with the countries of the world all and especially regional ones, because of the possibility to achieve economic integration through the signing of memoranda of understanding and bilateral agreements to the fact that Iraq is going through an economic transition after its liberation from the effects of the totalitarian economy to a market economy requires finding economic and commercial environment achieved by openness to the world.

    The start phases of commercial relations between Iraq and any other country in partnership then agreements to reach economic integration which is intended to grant the facilities and the freedom of movement of goods, services and money between the two countries and customs facilities and tax breaks that would benefit Almtpadlh.oiry academic economic Dr Majid Baidhani that Iraq needed a more memorandums of understanding economic and trade agreements because of the encouragement to revive the economy through the activation of the private sector in the production areas to the fact that the country has the natural and human resources as well as high-specification raw materials that go into most Alsnaat.oadav Baidhani told (morning) that the conclusion of trade agreements, especially with the neighboring countries would bring benefits to these countries and increase the volume of trade exchange to levels live up to the historical and social relations between the people of Iraq and the people of those countries.
    The trade exchange between Iraq and Iran size during the year the past, for example, 5 billion and $ 263 million as arrived during the current year 3 billion and 137 million dollars.

    to the research and Commerce Minister Mlas Mohammed Abdul Karim with Iranian Ambassador to Iraq Hassan Dnaii activation and implementation of the memorandum of understanding in economic and trade fields in addition to present and discuss topics of mutual understanding between the two countries.

    He said Abdul Karim said in a statement to the Ministry on the need to accelerate the activation and implementation of the memorandum of understanding between Iraq and Iran, especially in relation to the supply of food items that fall within the vocabulary of the ration in addition to helping the Iranian side to provide expertise in the field of marketing the fact that the ministry is in the process of activating the role companies Central and construction markets by sending experts to train cadres inside the ministry and Garg Iraq.

    For his part, Iranian Ambassador Hassan Dnaii his country's keenness to develop and expand economic and trade relations, especially with respect to the memorandum of understanding to enter into force in the near future.


    http://alsabaah.iq/ArticleShow.aspx?ID=80710
    Last edited by AR Transplant; 11-12-2014 at 02:26 AM.

  8. #8

    Re: The Dinar Daily, Tuesday November 11, 2014

    A spokesman for al-Abadi: the positions of the neighboring countries in order to overcome the current positive phase, including Saudi Arabia



    BAGHDAD / Ali Jawad / Alonadol-

    Tributary Jabouri, spokesman for the office of Prime Minister Haider al-Abadi, said Tuesday that Iraq's neighboring countries have shown a positive attitude in order to overcome the current stage of the country, pointing out that the visits conducted by Iraqi officials to these countries achieved significant results in redrawing Relations with it.

    Jabouri said in a statement to "Anatolia", that "Iraq has entered a new stage of bilateral relations with neighboring countries such as Saudi Arabia, Kuwait, Jordan, Iran and Turkey as well as countries in the region."

    He pointed out that the move led Iraqi officials during the past few days towards Qatar, Jordan, Iran, Turkey, and today Fuad Masum, the Iraqi president's visit to Saudi Arabia comes within the framework of the new phase to build bilateral relations in light of the security challenges.

    Jabouri said that "Iraq's neighboring countries invited to interact with the wider Baghdad, especially in the fight against terrorist gangs", in reference to the organization "Daash" months ago, which controls a third of the area of ​​Iraq.

    The Iraqi official about the nature of the positive attitudes that are talked about and made by neighboring countries did not disclose, pointed out that the Iraqi government and the Prime Minister Haider al-Abadi stressed the lack of intractable problems stand in for the restoration of relations between Iraq and the Arab and regional surroundings.

    It is scheduled to Fuad Masum, the Iraqi president to visit (Kurdish nationalism) today Saudi Arabia within the framework of an official visit during which Iraq seeks to rearrange the relationship with the UK after eight years on the chair during the peremptory Nuri al-Maliki, the Iraqi government.

    The Foreign Minister of Iraq, Ibrahim al-Jaafari this week official visit to Turkey during which Turkish officials met and confirmed that Iraq seeks to end all previous differences with Turkey.


    http://translate.googleusercontent.c...zXh3jJa-yCibuw
    Last edited by AR Transplant; 11-12-2014 at 02:28 AM.

  9. #9

    Re: The Dinar Daily, Tuesday November 11, 2014

    Al-Zubaidi and Executive Director of the World Bank to support economic and administrative reform programs of action



    Search Transport Minister Bayan Jabr with the Executive Director of the World Bank in Iraq, Hussein Hassan Mirza support economic reform programs and administrative procedures.

    According to a ministry statement received by all of Iraq [where] a copy of the "al-Zubaidi met with Executive Director of the World Bank and presented last congratulations on the occasion of his accession to the Ministry of Transport tasks and during the meeting, the review of projects financed by the World Bank in Iraq and procedures Bank in support of economic reform and administrative programs and prospects future cooperation between the two sides.
    http://translate.googleusercontent.c...Ol2fVPf4No_gsA
    Last edited by AR Transplant; 11-12-2014 at 02:30 AM.

  10. #10

    Re: The Dinar Daily, Tuesday November 11, 2014

    ​sczin11- Hmmmm.... a RUSH to meet international standards!

    Conscious / Dave French company establish a workshop in Baghdad International Airport


    Conscious / Baghdad / m. The Dave set up a French company (DEF EG Leader Team ) Implementing the project Mnzawmte fire alarm and automatic fire at Baghdad International Airport and a workshop with the committee supervising the implementation of the project on Tuesday morning at the headquarters of the General Establishment of Civil Aviation.

    A statement by the Ministry of Transport received (and the Iraqi News Agency Information / INA), the workshop aims to develop design plans for the project and address the problems and technical obstacles according to international standards and measurements,and in this aspect emphasized Baghdad International Airport Director Ali Jawad Kadhim The aim of the workshop is to overcome the obstacles in front of the company's work implemented and urged them to expedite the completion of the project within the specified timings mentioned that the workshop concludes on Thursday 11/13/2014.

    http://translate.googleusercontent.c...Dye6cVY5RFM1qQ
    Last edited by AR Transplant; 11-12-2014 at 02:34 AM.

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